APPENDIX 1
Trustèo$' Annval Reporl for the period
Period stsrt dale
Period end dale
Month
Month
io
oscr,-
D8y
Year
Day
Year
24
Office of the Scottish CharSty R8gulator
Charfty namo
other names Charlty Is known
by
Registered charlty number
Charity's principal address
Mrs M H Mcmillan's Charitable Trust
SC028379
Nam•$ of th• charfty trust••s on date of approval of Trustees, Annual Report
Trusteg name
Offl¢ft (If any)
Datss acted 11
not for whole year
Name of p•rson
lor bodyl entltled to
10
11
12
13
14
15
16
17
18
19
20

APPENDIX 1
Names of all other charity trustees durlng the p¢riod, if anyp (for example, thos¢ who reslgned part way
through the financial perlod}
Typg of 9ov•mlng document
Trust D8ad
Trustee recru5tment and appolntment
Trustees are elecled aTrJ co-opted under the tern￿ of the TrLtst Deed
Charltablè purpos•s
The Trustéès have absolute power in their sDI8 and uncontrolled
di5C18tion lo holé. pay and 8pply the Trust Estat&. both capital and
Income. to meet the oblecls of the Trust.
The princl)le objectlves of the Trust ar8 to provide:
For rellef of poverty and suffering
For the advancem8nl of 8ducalion
For any other purpose benefficial lo the community which, in
cheritabl8.
Surnmary ol the maln activlti&s
in relatron to these objects
The Trust makes grants, donallons or glfts to qualifying beneficlarl8s.
During the year the Income from Investments totalled £57,513 for use in
our Charitable activities.
Evelyn Partners act as Inveslment Managers in re8pect of the share
portfolio and the return on investrnents is in accordance with the
benchmarks agreed by the Trustees with them.

APPENDIX 1
Achlevements and performance
Summary of Ihe maln achlevements of The Trusl awarded grants of £ 46,000 in the fmanGial period lo twelve
the charity during the financial period
Charities that the Truslees fell required the most SUPF)Ort. whose purposes
fell within the spectrum of the Trust Deed.
Flnancial revlew
Brlef ststement of the charity's policy
on ￿serveS
A5 the charity has no recuiring expenditure on an annual ba51S the Board
of Trustees consider the Gurrent level of ￿serVeS lo be sufficient.
Details of any deficit
None
D¢nated fa¢llltlo6 and s¢Nl¢¢$111 any) None

APPENDIX 1
The Irustee5 de¢laTe that they have ap
d the tru$t••$' report above.
Slgned on behalf of the charfty's
stees
Slgn
Full n
Po$ition le.g. Chalr) Trustee
Date 27.06.2025

REGISTERED CHARITY NUMBER: SC028379
for
McLay McAlister & McGibbon LLP
Chartered Ac¢ountallts
145 St Vinc¢nt Street
Glasgow
G2 5JF

M H Mcmillan's Charitable Trusi
Page
Report of the Tnjstees
Independent Report
Sthiement of Financial Activities
Balance ShKt
Notes to ihe FiÉJancial Ststemertts
7 to 13
Detailed Statement of Financial Activitie5
14

The tThst¢¢s presait their ￿pOrt witli tli¢ fJi)ancial stat¢iii¢nts of th¢ charity for the year ended 30 September 2024. Thc
trustees have adopted the provibitsns of Accounting and Reporting by Charities.. Statelneni of Recommend¢d Practice
applicable to charities preparing iheir accoun15 in accordallce wilh rhe Financial Re￿rtIng Standard applicable in th¢
UK and Republic of Ireland {FRS 102) (effective l January 2019).
OBJECTIVES AND ACTIVITIES
ObJ¢¢tfves 41ms
In tern)s of the Mrs M H M¢Millan's Charitabl¢ Trnst dated 14 Januory 1997 and registered inthe Books of Council and
Session on 17 Jthie 1997. the trustees shall havc fvll and absolut¢ power in theiT sole and un¢Ontroll￿ dI￿retIOn to hold,
pay and apply the Trust Estale, both c4)ital and income, to meet the objectives of the TrnsL
The principal objectives of the Trust are to provid¢.'
- For relief of EM)verty and suffering.
For the advancement of education;
- For any other piiwe beneficial to the community Hthich. in law. is tharitable.
To allow ihese obje¢tiYes to be met the TnL8t makes 8ranis, donations or gifLS to qualifying beneficiaries.
Gr8Thtmakl]bg
Applirai&ons for grants are made directly w the Tnjst. G￿llts are paid at th¢ di￿re[loll ofthe ttusiees.
ACHIEVEMENT AND PERFORMANCE
aritable activities
The trustees believe that during the year under review the Trust achieved its objectiY¢s, awarding grants to th¢ Sum of
£46,000 (2023-. £57,000)- The trustees will closety M(￿ltOr income and expenditurc in thc currcni year and will Conlinue
to consider applications in ordcr that th¢ incom¢ availabl¢ can ￿ utiliscd towards the objcctiV￿ of the Trt￿t.
FINANCIAL REVIEW
Financial position
A detailed Starement of Financial A¢tiviti¢s can be found at page 5 of these financial staternents. After allowing for
ijKOULe, expenditure, realised and unrealised ¥ains and losses, the Trust reported 3 net increase in funds of £131,974
(2023.. increase of £61:022)-
During the fmancial year there has been a nei increase on the investrnent portfolio. Total gains for the year were
£138,386 being £13 1,773 unrealised gains and £6,613 realised gains (2023.. Total gains of £78,271 being £64.527
unrealised gains &nd £13,743 realis¢d gaing).
Investment polTfy and objeetlves
The trust¢es investment policy 15 t0 5¢¢k to maii)lain or irnprov¢ th¢ l¢v¢l of in¢offle being geneT¥ted to 811ow for monies
to be spent on the Chari￿s objectives, whilst 5af¢guarding the capital of the TTU5L
The trustees are satisfaed the perfomance of the portfoliti in temhs of income and capital growth as r¢pKJrted abov¢.
Reserves polky
The unrestricted fund repiesents accumulated surpluses and deficits on unrestricted monies and is available for use ai the
dtscretion of the trustees in fiJrtheran¢e of ihe charitable objeciives. The ttvstees wish to hold sufficient unr¢stricted
reserves to ejksure the ¢harity is on sourkd fjnancial footing. With ￿t￿Stricted fuDdg of £112,058 as at 30 September
2024 the t￿Stee$ are saiisfied with th¢ fJn£ncial position (2023= £106,798)-
The trusiees h8v¢ Tesolv¢d to retain the eapiial of tlje Trnst in an Expendable Endowment Fw)d, in the medntime, and
apply only income to meet the charitsble obj¢ctive. Mov¢ments arising on eapital are reflected in the Expendable
Endowmth]l Fund which tothlled £1.748256 a5 ai 30 September 2024 {2023.' £1.621,5421.
Page I

le Tn￿[
FIP4ANCIAL REVIEW
Going Concern
The Trust is in a strong fu)arKial position and Cash flow is n(Trt an immediate problern. They therefore have a reasonable
expectsrion that the Trust has adequate r¢sourc¢s to ¢ontinue for the foT¢5¢e?bl¢ fvtUTE.
Th¢y wntinu¢ to believ¢ the 8oin¥ concern basis of accounting is appropriate in prepaTing the financial $t4t¢m¢TJts.
There are no material uncertainties about the T￿st,$ ability ¢0 ¢ontinu¢ as a going concem.
FUTURE PLATrIS
As noted above the Trustees will continue to CODsider applications ID order that ihe 8v8ilable income can be ￿llised
towaTds the Trust's obj¢¢tives.
STRUCTURE, GOVERIY A]YCE AND MAP4AGEMENT
Governing locumtnt
The charity is controlled by its governing document. a deed of trust and con5titutcs unin¢oTW)r8ied charity.
Charlty constltutloD
Mrs M H Mcmillan's Charltsble Thist is Co￿ti#jted by a Th]st Deed dated 14 January 1997. The truslet5 who meet
regularly manage the Trust.
Re¢ruIt￿e￿I aDd appoilllmcDt ol ntTrv trustces
Twst¢¢s ar¢ ¢l¢Ct￿ and Co-opt￿ wTJd¢r th¢ t¢rms of TNst Deed.
Key man4gemtnt
Thc mist¢CS 8re the Tnjst's key manag¢m¢nt. These perwnnel 8r¢ in ¢hgrg¢ of directitig, controlliDg a￿d operating th¢
TnLSt on a day to day basis.
Risk manag¢ment
The trustees of the Trust are aware of the risks the Trnst faces and consider ihal adequate procedures n plac¢ for
dealing wilh risk a5scssment, particularly iti relation lo the management and control of the Trusi fund& including the
investment portfolio, and also in relation to the disbursement of 8rants. All procedures are periodically reviewed th¢
ensure they still meet the t)eeds of the Tn]st.
REFEREP4CE AND ADMIJYISTRATIVE DETAILS
Registered Charlty number
SC028379
Princip#l address
Clo Miller. Beckett & Jackson
190 St Vincent Street
Glasgow
G2 5SP
Independent FdXalllTner
McLay M¢Alister & M¢GibtxTrn LLP
Chartered Accountants
145 St Vincent Street
Gla%gow
G2 5JF
Page 2

MrsMHMc
l)aritable Tn]st
REFERENCF. AND ADMINJSTRA TIVE DETAIIS
Solicitors
Miller Beckeit & Jackson
190 Si Vincent Street
Glasgow
G2 5SP
Stockbrokers
Evelyn Partners
177 Boihwell Street
Glasgow
G2 7ER
Bankers
The Royal Bank of S¢oiland plc
80 Main Street
Coatbridge
Lanarkshire
ML5 3DZ
Approved by order of Ibep ard of trus
ees on
5i¥n¢d on ils b¢half by..
Page 3

tee
Mill
I repon on the accounts for the year ended 30 SepteM￿r 2024 $¢1 out on pages five to ihDXeen.
Re5P¢Ctive rupoDsibilities oftru51ees and tx#miner
71ie charli￿S trnslees ar¢ r¢3poiisibk lor the preparatioj) of the accounts in accordance wilh the temis of th¢ Charitle5
and Tru51ee lTrvestn)eni (Scotlathd) Act 2005 aiid tlie aiaTlties Accounts (S¢otland) R¢gulation5 2006 (as amcndcd). The
charity's twst¢¢s consider ihat the audit r4uiremen( of Regulation 10(IKa) to (c) of the Accounts Rcgulgtions does not
apply. It is my responsibility to examine the accounts as required under Se¢iion 44(IXc) of the Act aiid io slal¢ wlKth¢r
particular matttts have come to my attention.
Baslg of the independent ¢xaminerfs repor¢
My ¢xamination was tarried out in a¢¢oTdance with Regulation I l of lh¢ Chwiti¢s Aecounis (Scotland) Regulations
2006. An examination in¢lud¢s a r¢vi¢w of the accounting records kept by the charity and a Comparison of the accounts
pyesenled with those records. It also includes ¢onsider4tion of any unusual iiems or disclosures in the ac¢ounty attd
s¢¢king explanations from you as trustees conceming any such matters. The PToceth]re5 wndertaken do not provide all
the evidence thal would be required in audi¢ and consequently I do nol express an Nudit opinion on the view given by
the actounls.
Independent exAminer's stattmenl
In conneciion with my examination, no matter h&5 come to Thy attention '.
(l) which gives me reasonable eause to belleve thai, in any maierlal respect. the requirernents
10 keep a¢¢ountAng r¢cords in accordance with Section 44(IMa) of the 2005 A¢1 and Regulati￿ 4 of the 2006
Accounts R¢gularions' and
io PTepare accounts which accord with the accounting records and to t(￿pIY with Regulation 8 of th¢ 2006
Accounts R¢gulations
have not been me¢ or
(2) to which, in rny opiniort, attention should be drawn in order to enable a proper understandinlv of the 3¢counts to be
reached.
McLay McAli5teT & McGibbon LLP
Chartered Accountants
145 Si Vincent Stre
Glas8OW
G2 5JF
Ihie: .
Pxge 4

t Lemenl of F.
30.9.24
TotAI
fund5
30.9.23
Total
funds
Unrestrictcd
nd
Endtswment
fimd
Notes
INCOME AND ENDOWMENTS FROM
Investment income
57,513
57,513
57,192
EXPENDITURE ON
BAising fimds
4,611
4,611
4,51
Charitable aetivities
Charitable activities
Support costs
46,000
6.253
46,000
13.314
57.000
12,930
7.061
Total
52.253
11.672
63,925
74.441
N¢t gains on iT)vestments
138,386
138,386
78271
NET INCOME
5,260
120,714
131,974
61,022
RECONCILIATAON OF FUNDS
Total funds broughi forward
106,798
1,621.542
1.728.340
,667,318
TOTAL FUNDS CARRIED FORWARD
112.058
1.748.256
1.860,314
,728,340
Th¢ not¢s fonkn part of thesc fmancial ststanents
Page S

ee
30.9.24
30.9.23
Noies
FIXED ASSETS
Inve$tments
,838,742
1,705,091
CURRENT ASSETS
Cash in hand
34,886
CRED￿oRs
Amounis falling due withtn one year
10
(13,314)
(12,816)
NET CURRENT ASSETS
21,572
23249
TOTAL ASSETS LESS CURRENT
LIABILITIFS
1,860,314
I,r28.340
NET ASSETS
1,860,314
1,728.340
FUNDS
Unrestricted ffijnds
Endowrnent tunds
12
112,058
1,748256
106.798
,621.542
TOTAL FUNDS
1,860,314
,728 J40
cial ststements were approved by the Board of Trustees 8nd 4uthorised for issue
. and were signed on its behalf by..
The noies fonn part of these financial slblements
Pag¢ 6

Notes to ihe F.
tatemen
ACCOUNTING POLICIES
Basis Qr preparing thc financial 5t#tern¢nti
The financial staiements of the charity, %vhi¢h is a public ben¢fit ¢ntity LTnd¢r FRS 102, have been prepattd in
accordance wilh the Charitie5 SORP {FRS 102) 'A¢¢ounting and Reporting by Charities.. Statement of
Recommended Pra¢tice applicable to ¢hariti¢s prepaTing their accounts in accordance with the Financial
Reporting Siandard applicable in the UK and Republic ol Ireland IFRS 1021 (effeLlive l January 2019),,
Finatbcial Reportillg Standaré 102 The Financial Reporting Standard applicable in the UK and Republic or
Ireland, and the Charilies and TTl￿tee lllvestmenl {SLoÈlandl Aci 2005. The financial siaiemenls have been
prepared UJKler the histori¢al ¢ost convention, with the exception of inv¢slments which are ineluded ai markel
value, as modified by Ihe revaluation of certain assets.
Going concern
The Trnst is in a strong finan¢ial position and ¢ash flow is nor an inllnediaie Problem. The trustees will assess
income and reserves and monitOT grnnt expenditure, they therefore have a reasonable ¢xp¢¢taiion that the charity
has adequate resources to continue in operdiional existence for the foreseeable future. They continue to adopt th¢
going wD¢¢rn ba515 of ￿COuntin¥ appropriate in prq)aring the financial sthiements. There are no mat¢Tial
uncertainiies about the Trusvs ability to conlinue as a going CQDC¢m.
ancial reporting standard 102- reduced disclosurt exemptions
The charity has taken advantsg¢ of the following dis¢105ure exemption in prtparin8 the5c financial stsiernent& as
pemiitted by FRS 102 'The Financial Reporting Standard applicable in the UK und Rcpublic of Ireland,:
the requirements of Section 7 Statement of Cash Flows.
All income is recognised in the Statement of Financial Aetivi¢ies on¢e the charity h&$ entitlement to the fvnds. it
is probable that the income will be re¢eived and tb¢ amount ean b¢ m¢asur¢d reliably.
Expenditur¢
Liabilities are recognised as expetKliture as soon as there is a legal or constrnctive obligation committing the
charity to thal expenditure. it is probable thar a transfer of eci)nomic benefits will be requiTed in s¢ttl¢Thent and
the amount of ihe obligation can be measured reliably. Expendilure is accounted for on an accÉuals basis and ha5
been classified under heading5 that ag￿¢¥81¢ all cost r¢lated io the Caicgory. Whtte cost5 tannoi be directly
attributed io particular heading5 they have been allocated io activities on a basi5 con5islent wi¢h the use of
resources.
The chaTlty is nol VAT regis*r¢d and accordingly expenditure is shown gross of irrecoverable VAT.
Grants offered subject to ￿ld1110n$ whi¢h have not b¢en met at the year end date are Doted as a commitment but
not a¢crn¢d as exp¢nditure.
T#x4ti0
Th¢ tharity is ex¢mpt from tsx on its ch&itable activities.
Fund aetounting
Unrtstricted fi￿d5 can be used in accordance with the Clwitable objectives at the discretion of the truste¢s.
Restricled funds can only be wed foT particutar restricled purposes within the objects of the charity. Restrictions
arise when specifled by the donor or when funds are raised for particular Testricted p￿￿oSes.
Further explanation of the nature and purpose of each fijnd is included in the notes io the fmancial statement5.
Investwenis
Invedments art recognised initially at fair value which is nornialty the iransaction price excluding trdnsactio
cosis. Subsequenily, Ihey are measur¢d at fair value with r¢alised and uw¢ali5¢d gains and losses rtrvgnised in
et gains / (losses) on investments, in th¢ Statement of Finan¢ial Artivitles, if th¢ shares ar¢ publicty traded or
th¢ir fair value othmvise be measured reliably.
Page 7
¢onlinu¢d...

for ihc Y
]NVESTMENT INCOME
30.9.24
30.9.23
Dlvidends interest
57.513
57,192
RAISIIYG FUNDS
In*'estment nbanagtment custs
30.9.24
30.9.23
Portfolio managemeni
4,611
4,511
CHARITABLE ACY]VITILS COSTS
Grant
futxling of
activiti¢s
[s¢¢ note
Support
costs (see
note 6)
5)
Tota15
Charitsble acÉivities
Support costs
46,000
46,000
13.314
13.314
46,000
13.314
59.314
GRANTS PAYABLE
30.9.24
30.9.23
Charitable activities
46.OiXI
57.000
The total grants paid io institutions during the year was as follows:
30.9.24
30.9.23
Arthrilis Care Scotlaiid
A550riation for the Piotertion of Rural Scotlalld
British Red Cross
Cancer Research
Chesi Heart atjd Stroke Scotland
4,000
4,000
4,000
4,OL)O
4,000
4,000
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
3,500
15,000
Guide Dogs
Hansel Foundation
New Lanark
Roval Nailoj￿1 Lifeboat lustiwtion
The Society of AntiqU8ries of S¢otlaud
Visibility
Nanak Nishkam Sew8k Jatha (bham)
W(*Jdland5 CBC
4,OLIO
4,000
4,000
4.0(K)
4.000
2.0(10
46.000
57.000
Pag¢ 8
continu¢d...

t ternents- continued
SUPPORT COSTS
Manag¢meni
Support costs
13,314
Support Costs, included in th¢ above, are as follows..
Mgnag¢ment
30.9.24
Support
costs
30.9.23
Toial
ctivilies
Fa¢iors fees
Independeni examiner fees
10.854
2,460
lQ,080
2,850
13.314
12,930
TRUSTEES, REMUNERATION AND BEf4EFITS
There were no tnjstees, remuneration OT Other benefits for th¢ year ended 30 SepteM￿r 2024 nor for the year
endtd 30 Sepie]nber 2023.
Trnste¢s' expenses
There were no tru$we$' expenses paid for the year ended 30 September 2024 nor for ihe year ended
30 September 2023.
COMPARATIVES FOR THE STATEMENT OF FIIYANCIAL ACTIVITIES
Unrestricted
fvnd
Endowment
fund
Total
funds
It4COME AND ENDOWMENTS FROM
Invesiment income
57,192
57.192
EXPENDITURE O
Raising funds
4,511
4.511
Charit4bl¢ a¢tivities
Charit8ble adivities
Support costs
57,000
6,048
57,000
12.930
6.882
Total
63.048
11,393
74.441
Net gains on investments
78.271
78.271
NET INCOMEIIEXPENDITURE}
(5,856)
66,878
61.022
RECONCILIATION OF FUNDS
Total funds brought forward
112,654
1.554,664
1,667,3 18
Page 9
continued...

the Financial
tatements- continued
rth
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- continued
Unrestricted
Endomrynent
fund
fund
Total
fu￿lS
TOTAL FUNDS CARIUED FORWARD
106.798
1.621,542
1,728,340
FIXED ASSET INVESTMENTS
Listed
investtnenL8
MARKET VALUE
At l O¢tokr 2023
Additions
Disposals
Revaluations
1,705,091
128,359
(133,094)
138.386
At 30 Septcrnber 2024
1,838.742
NET BOOK VALUE
At 30 Sepiember2024
1,838.742
At 30 September 2023
,705.091
The Tn]st hold$ inv¢stm¢nts on UK, European and Americatt stock exchanges.
Cost or valuation 0130 September 2024 is represented by:
Listed
investm¢nts
ValuatiOD in 2024
,838.742
The historical cost of the inv¢stsnents as at 30 S¢pt¢lll￿r 2024 i5 £1276,931 {2023.. £1274,808).
10.
CREDITORS: AMOUNTS FALLING DUE WITHIN OPIE YEAR
30.9.24
30.9.23
Other ¢r¢ditors
13,314
12,816
ANALYSIS OF NET ASSETS BETWEEN FUF4DS
30.9.24
Totsl
fvnds
30.9.23
Total
funds
Unrestri¢t¢d
nd
Endowment
fund
Investments
Current assets
Current liabilities
1.8311,742
(83.409)
{7,077)
1.838.742
34.886
(13.314)
1.705,091
36.065
112,816)
118.295
{6,237)
112,058
1.748,256
1,860,3 14
,728,340
Page 10
continued...

in
MOVEMEIYT JN FUNDS
Net
movement
in funds
At
1.10.23
At
30.9.24
Unrestricted fund$
General fund
106,798
5.260
112,058
Endowment fu￿d5
Endowment fund
1,621.542
126,714
1,748,256
TOTAL FUNDS
,728.340
131,974
1,860,314
Net movement in fvnds, included Tn the above are as follow5-.
Incomitjg
rÈsource5
Resources
expended
Gains and
losses
mOve￿*￿t
Unrestrlcted funds
General fund
57.513
(52,253)
5,260
Endowment funds
Endowment fimd
(11.672)
138,386
126,714
TOTAL FUNDS
57,513
{63,925)
138.386
131,974
Comprativts ftsr movement In funds
Net
movement
in fijnds
At
1.10.22
At
30.9.23
Unrestrieted fullds
G¢n¢rdl fund
112.654
(5.856)
106,798
Endowment funds
Endowmcnt fund
1,5M,664
66,878
,621,542
TOTAL Fuf4DS
1,667,318
61.022
1.728.340
Page 11
¢oniinued...

leTr
sl
eFin
ncial Staiemenis- coniinu
rtheye
12.
MOVEMENT IN FUNDS- tontittued
Comparative net moyemtnl in funds. includ¢d in the above are as follows:
Incoining
resources
Resources
¢xpend¢d
Gains and
losses
Moven)ent
in funds
UNre$tri¢ted funds
G¢neral fund
57.192
(63,048)
(5.856)
Endowment funds
Endowment fi]nd
(11,393)
78271
66.878
TOTAL Fuf4DS
57,192
(74,441)
78271
61,022
A current year 12 months aDd PTior year 12 monÉhs cotTrbined position is as follows..
Net
At
1.10.22
movcrn¢nt
in funds
At
30.9.24
Unr¢stri¢t¢d funds
112.654
{596)
112,058
Endowment f￿ndS
Endowmettt fund
1.554.664
193,592
1.748,256
TOTAL FUNDS
1.667.318
192.996
1.860,314
A currenf year 12 months and prior year 12 rnonths cornbincd D¢t rnov¢m¢ni in fimds. tncluded in th¢ above are
&$ (ollows..
Incoming
re50urce5
Reswrces
exp¢nded
Gains and
losses
Movernenl
in fvnds
Unr¢strieted funds
General fvnd
114,705
(115JOI)
(596)
EndowmeRt funds
Endowm¢nt fvnd
(23.065)
216.657
193,592
TOTAL FUNDS
114,705
(138,366)
216,657
192.996
Page 12
ontinucd...

mr￿¢M111an'S Clwila￿e TnEt
ttte
13.
RELA TED PARTY DISCLOSURES
III Ilie year under review
(Trus(ee)..
Trustee) &.￿ruStee} were director5
ynd shareholders tn ihe prufL'SSjLlJldl practice of fvlillgj Beckeii & Jackson, Svlicili)rs which provid¢ the day LO
day financial accountancy services lo the Trust. F¢es payable in respect of the year ended 30 September 2024
totslled £10,854 (2023.. £10,356).
Page 13

Mr5 M H Mcmilla .5 Chari
30.9.24
30.9.23
JNCOME AND ENDOWMENTS
Inwestment iHcomt
Dividends and int¢resl
57,513
57,192
Total iD¢Dming rewurtes
57,513
57,192
EXPENDITURE
IDve5tment manggement costs
Portfolio managernent
4.611
4,511
Chgritable activilie$
Granis io institutions
46.000
57,000
Support costs
M¥nageJnent
Facior5 fees
Independeni examiner fees
10,854
2,460
10,080
2,850
13,314
12.930
Total resources expended
63,925
74,441
Nel expendilure bcfore gains loss
(6,412)
(17.2491
Realised recogni5ed gain5 and lo$ses
Realised gainsl(lo$se$) on fixed asset investm¢nts
138,386
78,271
Net iD¢ome
131,974
61,022
Thi5 page does not forn] part of ihe ststuiory finaticial statements
Page 14