ALIX STEVENSON TRUST
SCOTTISH CHARITY NO SC026830
REPORT AND ACCOUNTS
YEAR ENDED 5TH APRIL 2026

Page 1
ALIX STEVENSON TRUST
GENERAL INFORMATION AND REPORT OF
THE TRUSTEES FOR YEAR ENDED 5TH APRIL 2026
Objectlves and Activitles
Objedives of Trust
The Deed of Trust setting up the Fund declares that the Trustees shall hold the Trust
Funds for such charitable purposes only, within the meaning assigned to the te
°Charitable Purposes. by law for the time b&ing in for￿.,
DECLARING without prejudice to the forgoing generality or the Trustees,
discretionary powers that the said Charitable Purposes may indude all or any of
the following purposes, viz...
The encouragement of educational projects, outstanding beauty or historic
or public interest atso wldlrfe and generally the heritage of Scotland in all its
aspects.
The foundation, endowment and equipment of schools. colleges and other
centres of leaming, libraries, sports and we￿a￿ centres.,
The encouragement of the study and practice of any branch of human
kno￿edge (including research and particularly mediGal research) by the
provision of buildings, equipment or otherwise.
(iv) The establishment of educational scholarships of any kirKI at any University,
(v)
College or plac8 of higher leaming or any school.
The relief of poverty-
{vi) The prevention of cruelty lo animals. the protection of endangered species
and conseriation of the habitat of such species.
Aims
The purposes of the Trust are broad in their nature and the Trustees have no
particular aims as regards the donations made other than to benefit society
as a Ythole.
Grant Making Policy
The Trustees have a policy of making donations to Ihos8 organisations they feel
requi￿ most support and whose purposes fall within the spectrum of the Trust
Deed.
Achievements and Perfomiance
During the year £6,250 of donations were made to 17 organisations
(2025, £5,250).

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ALIX STEVENSON TRUST
GENERAL INFORMATION AND REPORT OF
THE TRUSTEES FOR YEAR ENDED STH APRIL 2026
Financial Review
All results are from Continuing operations and the Trust remains a going concern.
Financial Review
The Trust holds investments a market value of £250,OCNJ at 5th April 2026
{2025, £250.000). There are cash balances of capital £283,653 (2025. £283,653) and
income £31,483 (2025, £17,244) held by the Trustees. The Trust received investment
income of £20,662 (2025, £19,427) during the financial year and donations
of £6,250 were made {2025, £5,250).
Income Tax, vthere recoverable. is applied for charitable purposes.
Reserves Policy
It is the policy of the Trustees to distribute the income of the Twst in the form of
Grants or Donations. It is anticipated that any surplus income at the close of the
account would be so distributed in a following year dependent to the Trustees.
The capital reserves are held prirnarily for the purpose of generating income.
Futur8 Plans
To support simllar causes in future.
Structure. Governance and Management
Founding Document
Deed of Trust by Mrs Louie Alexander Stevenson dated 25th June 1997 and
registered in the Books of Council and Session on 17th July 1997.
Appointment of New Trustees
Vested in Mrs Louie Alexander Stevenson during her lifetime so long as she retains
full legal capacity, whom failing, the Trustees in office.
Decision Making
All Trusteès are involved in the decision making process. The number of Trustees
shall be not less than three and su¢h additional Trustee or Trustees shall forthwith
b8 appointed in the event of the number of Trustees falling below the required
number. The majority of Trustees shall fomi a quorum.
Related Parties
The Trustee TC Trustees Limited is owned by Turcan Connell, Solicitors.
Turcan Connell, Solicitors provide Legal and Advisory services to the Trust for which
fees are charged. In the year to 5th April 2026 Turcan Connell, Solicitors fee
amounted to nil (2025, nil).
Risk Management
The Trustees have assessed the major risks to which th8 charity is exposed, in
particular those related to the operation$ and finances of the Trust and are satisfied
that systems a￿ in place to mitigate their exposure to the major risks.

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ALIX STEVENSON TRUST
GENERAL INFORMATION AND REPORT OF
THE TRUSTEES FOR YEAR ENDED STH APRIL 2026
Reference and Admlnistratlve Detalls
A Scottish Chartty
SC026830
Address
Ashley Bank House
Langholm
Dumfriesshire
DG13 OAN
Trustees {Appointed
by DeedlAssumption)
Mrs Louie Alexander Stevenson
Mr David Deas Stevenson
TC Trustees Limited
Advisers
Solicitors
Inde
ndent Examiner
Turcan Connell
Princes Exchang8
1 Earl Grey Street
Edinburgh
EH3 9EE
John Hilditch CGMA
Gunshole Farm
Brampton
Cumbria
CA8 28X
Stat8ment of Trustees Responsibilities in Respect of the Accounts
The Trustees are responsible for preparing the Report and the Accounts in accordan
¥Mth applicable law and United Kingdom Accounting Standards (United Kingdom
Generally Accepted Accounting Practice).
The Charrties and Trustee Investment (Scotland) Act 2005 and The Charities Accounts
IScotland} Regulations 2006 (as amended) require the Trustees to wepare a statement
of accounts for each financial year which give a true and fair view of the state of affairs
of the Trust and of the incoming resources and application of resources of the Trust
for that period.
In preparing those accounts, the Trustees are required to follow best practice and:
- select suitable accounting policies and then apply them consistently.,
observe the methods and principles in the Charities SORP.,
- make judgements and estimates that are reasonable and prudent.,
state whether applicable accounting standards and statements of recommended
practice have been follow8d, subject to any departures disdosed and explained
in the accounts. and
prepare the accounts on the going concern basis, unless it is inapprtjpriate to
8ssurne that the Trust will continue on that basis.

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ALIX STEVENSON TRUST
GENERAL INFORMATION AND REPORT OF
THE TRUSTEES FOR YEAR ENDED STH APRIL 2026 (Cont.)
The above noted legislation also requires the Trustees to be ￿sponSible for keeping
proper accounting records which disclose with reasonable accuracy at any time the
financial position of the trust to enable them to ensure that the accounts comply with
the legislation
They a￿ also responsible for safeguarding the assets of the Trust and hen￿ for
taking reasonable steps for the prevention and detection of fraud and other
irregularities.
Accounts Preparation
The Trustees confirm that the a¢¢ounts for the year ended 5th April 2026 have been
prepared so as to comply with current statutory requirernents, the Charity SORP and
the Trust's own governing document.
Approved by the Trustees arKI authorls8d lo be signed on their behalf-
Signed:
Mr D D Stevenson
Trustee
Ashley Bank House
LANGHOLM
Dats:

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ALIX STEVENSON TRUST
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES
I report on the accounts of the Trust for the year ended 5th April 2026. which are set out on pages
6t011.
Respective Responsibllities of Trustees and Examlner
The charity's Trustees are responsible for the preparation of the accounts in accordance with
the terms of the Charities & Trustee Investment (Scotland) Act 2005 and the Charities AC￿unIS
{Scotland) Regulations 20CIS {as amended).
The Charity's Trustees consider that the audit requirement of Regulation 1011) {a) to (c)
of the Regulations does not apply. It is my responsibility to examine the accounts as required
under section 44(1) (c) of the Act and to slate vthether particular matters have come to my
attention.
Basis of Independent Examlne¢s Report
My examlnation was carried out in accordance with Regulation 11 of the Regulations.
An examination includes a review of the accounting records kept by the charity and a
comparison of the ac¢ounts presented with those records. It also includes consideration of any
unusual items or disclosures in the accounts, and seeks explanations from the trusle8S
conceming any such matters.
The procedures undertaken do not provide all the eviden¢e that would bè required in an audtt
and consequently do not express an audit opinion on the view given by the accounts.
Independent Examlnerfs Statement
In the course of my examination, no matter has come to my attention...
1) which gives me reasonable cause to believe that in any material respect the
requirements '.
to keep accounting records in accordance with Section 44 (1){a) of the 2005 Act
and Regulation 4 of the 2006 Regulations., and
to prepare accounts which a¢¢ord with th8 accounting records and comply with
Regulation 8 of the 2006 Regulations
have not been met, or
2) to which, in my opinion, attention should be drawn in order to enable a proper
understanding of the accounts to be reached.
Signed.- Mr John Hilditch
CGMA
Address.. Gtsnshole Fann
Brampton
Cumbria, CA8 28X
Date:
1617 /zdl6

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ALIX STEVENSON TRUST
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 5TH APRIL 2026
2026
Total
2025
Total
Notes Income
Capital
Income
Capital
Income and Endowments from:
Donations
Investment
Income
Total
20,662
20,662
19,427
19.427
20,662
20,662
19,427
19,427
Expendlture on:
Charitable
Activities
Total
(6,423)
(6,423>
{5,346)
(5 346)
6.423
6,423
5,346
5,346
Net Incomel
(Expenditure)
Reconciliation of funds..
14,239
14,239
14.081
14,081
Balance as at
5th April 2025
Balance as al
5th April 2026
17,244
533.653
550,897
3,163
533,653
536,816
31,483
533,653
565,136
17,244
533,653
550,897
All funds are unrestricted.
All results are from continuing operations.

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ALIX STEVENSON TRUST
BALANCE SHEET AS AT 5fH APRIL 2026
2026
2025
Fixed Assets
Listed Investments
250,000
250,000
Current Assets
Cash on Deposrt
315,138
300,897
565,136
550,897
Represented by:
Un￿stricted Funds
533,653
533,653
Undistributed Income
31,483
17,244
Total Funds
565,136
550,897
Approved by the Trustees and authorised to be signed on their behaff -
Signed:
Mr D D Stevenson
Trustse
Ashley Bank House
NGHOLM
Dats:
¢7

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ALIX STEVENSON TRUST
NOTES TO THE ACCOUNTS
1. Accounting Polici08
a) Accounts Pre
aration
The Accounts of the trust which is a public benefrt entty under FRS 102, have been
prepared in accordance with the Charities SORP (FRS '102,) 'ArLounting and
Reporting by Charities: Statement of Recommended Practice applicable lo charities
preparing their a¢¢ounts in accordance with the Financial Reporting Standard
applicable in the UK, and 'Republic of Ireland (FRS 1021 (effedive 1st January 2015),
Financial Reporting Standard 102 The 'Finan¢ial Reporting Standard applicable in
the UK and Republic of Ireland Trust Law and the Charities and Trustee Investment
(Scotland) Act 2005,. The Financial Statements have been prepared under the
historical cost convention.
b) Funds
The FurKls of the Trusts are unrestrided. Unrestricted funds can be used in
accordance with the charitable objects at the discr8tion of the Trustees.
c) Income
All income is recognised in the Statement of Financial Activtties once the Trust has
entitlement to the funds, it is probable that the income will be received and the
amount can be measured reliably.
Interesl re￿IV8b1e on funds held on deposit is included when receivable and the
amount can be measured reliably by the trust.. this is normally upon notification of
the interest paid or payable by the bank.
nditure
Liabilities are recognised as expenditure as soon as the￿ is a legal or constructive
obligation committing the Trust to that expenditure, it is probable that a transfer of
economic benefits will be required in settlement and the amount of the obligation can
be measured reliably. Expenditure is accounted for on an accruals basis and has
been classified under headings that aggregate all cost related to the category.
Where costs cannot be directly attributed to particular headings they have been
allocated to activities on a basis consistent with the use of resources.
e) Governance and Su
rt Costs
Governance costs are those incurred in connection with the administration of the
company and compliance with ¢onstitutional and slatutory requirements. Support
costs are those functions that assist the work of the charity bul do not directly
undertake charitable activities. The Charity identify the costs which relate to its
support functions and then identify those which relate to the govemance function.
Having identified rts governance costs, the remaining support costs together with
governance are apportioned to the key charitsble adivities undertaken in the year.

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ALIX STEVENSON TRUST
NOTES TO THE ACCOUNTS (ConL)
Q Grants
Grants authorised to be paid in respect of the accounting year or future years are
provided for in the Statement of Financial Activities.
The Charrty is not registered for VAT purposes and all VAT incurred is therefore
irrecoverable. Where applied, VAT is included as part of the expense.
h) Financial Inslrurnents
The trust only has financial assets and financial liabilities of a kind that qualrfy as basic
finanGial instruments. Basic financial instruments are initially recognised at transaction
value amd subsequently valued at th8ir seltlement value.

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ALIX STEVENSON TRUST
NOTES TO THE ACCOUNTS {Cont.)
2. Charitable Donations
2026
2025
Animal Welfare
The Brooke Hospital for Animals
SSPCA
Dogs Trust
Eskdale & District Cats Protection
Hillside Anirnal Sanctuary
Galapagos Conservation Trust
Nowzad
Wildfowl & Wetlands Trust
Ocean Acres Animal Sanctuary
250
500
250
500
250
250
250
250
1,000
250
500
250
500
250
250
250
250
Health
Marie Curie Cancer Care
Wodd Can￿r Research Fund UK
500
500
500
500
Savin
RNLI
of Lives
250
250
Comrnunit Develo
The Salvation Amy
ment
250
250
Education
Hutcheson's Educational Trust
250
250
Environm
nt
Borders Forest Trusl
John Muir Trust
Environmental Investigation Agency
500
250
250
500
250
250
6,250
5.250

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ALIX STEVENSON TRUST
NOTES TO THE ACCOUNTS {ConL)
3. Analysls of Staff Costs and Trustees Remuneration
No fees or expenses have been paid to the Trustees (2025, NII). All Tmstees act
gratuitously.
TC Nominees Ltd is owned by Turcan Connell, Solicitors.
There were no legal or accounting fees (2025, Nil). The trust has no employees
(2025, Nil).
4. Charltable Acthiities Costs Donations
Support
Costs
2026
2025
Charitable Activities
6,250
173
5.346
5. Support Costs
2026
2025
Bank Charges
Other
51
122
61
35
173
6. Fixed Asset Investments
Market Value
at 6th April 2025
Addition
at 5th April 2026
2026
2025
250,000
250,000
250,000
250,000