2025-11-30-accounts - Baillie Clark Coal Fund

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$C028450

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Office
at the SeottshOSC! pattie Clark's Coal Fund
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Receipts and payments accounts
For |statdatePeriod | LLPetodenddate|
the period“en | [TO SCS FSS to Pee ILI L_Vear_|
Le"
Section A Statement of receipts and payments
Unrestricted Restricted pe-aieatin Fermanent Total funds Total funds last
funds funds i unds funds current period period
to nearest £ to nearest £ to nearest £ to nearest £ to nearest £ to nearest £
Ai Receipts
ee =
lcrnts Cid Cd —j |
lGrosstradingreceiptsReceipts trom fundraising activities || —_) |
Income from investments other than| i
fand and buildings
Feents from land & buildings hi a |ee
activities
Ai Subtotal|____ 5,283 EE) |ET
A2 Receipts from asset &
investment sales
Proceeds from sale offixed assets | i |
Proceeds from sale of investmentsAz Sub total EE | [1,520] |
) |
A3 Payments
venient wanagenenicoss | aaa [a0 [a
activitiesPayments relating directly to charitable P| Ses PL
overancsGrats and dboafore come [ae[00 [asso][100 [aa [2,00 |
ar LS)
A3 Sub total 5,876
A4 Payments relating to asset and
investment movements
Purchases of fixed assets Fo
Purchase of investments PF
Aa Sub total|—|
Total payments Eee] ee] eee]
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APPENDIX 2 sees Baillie Clark's Coal Fund Section B Statement of balances

$C028450

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t por ie Det doresiictesLeder Restricted funds endowmentExpendablefunds endowmPermantunds ent ceaBertoa Total last period
to nearesl & to nearest £ to nearest £ to nearest £ to nearest £ to nearest £
B1 Cash funds Cash and bank balancesl at start of f year 6,981 6,981
Surplus/ (deficit) shown on receipts and 205
payments account ( i
Cash and bank balances at end of year 6,981
{Agree balances with receipis and payments
account(s)}
5etals Fund to which asset belongs Markel valuation Last year
to nearest £ to nearest £
. Current value {if
Details Fund to which asset belongs Cost (if available) available) Laat year
to nearest £ to nearest £ to nearest £
- = =
Total
Details Fund to which liability relates Amount due Last year
to nearest £ to nearest £
i — —
Tota!
Details Fund to which lability relates eros(estimate) Last year
to nearest £ to nearest =
— — —
Total
Signed by one or two trustees Date of
on behalf of all the trustees Signature Print Name approval
roA_ ¢rs, REV. SARAH BROWN, ST MACHAR'S CATHEDRAL, TRUSTEE A-Ly Ue
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Baillie Clark's Coal Fund - Draft Accounts 2025 /' Statement of balances

Oecember 2007

APPENDIX 2 a ; Baillie Clark's Coal Fund

$C028450

Section C Notes to the Accounts

C1 Nature and purpose of funds (may be stated on analysis of funds worksheets)

The Trust was created by a Deed of Settlement by James Clark, Merchant & Baillie in Old Aberdeen dated 27th October 1807 and registered in the Commissary Court Books of Aberdeen 25th April 1810. The object of the Trust is the establishment of a coal fund for the distribution of coal in winter among poor householders residing in the town of Old Aberdeen, in Spital and Seaton or the lands betwixt Old Aberdeen, Spital, Seaton and the sea. In recent years with fewer and fewer people using coal, the Trustees have distributed electricity vouchers at Christmas to people in the above categones identified by the Minister of St Machar Cathedral.

C2 Grants

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Type of activity or project supported neenal! a £
Payments for St Machar Parishioners St Machar i i
PO eather fa]t00
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C3a Trustee remuneration

If no remuneration was paid during the period to any charity trustee or person connected to a trustee cross this box (otherwise complete section 3b)

Authority under which paid

C3b Trustee remuneration - detaits

C4a Trustee expenses

If no expenses were paid to any charity trustee during the period then cross this box (otherwise complete section 4b)

Number of £ trustees

C4b Trustee expenses - details

Transaction Balance

Nature of relationshi

Nature of transaction

amount (£) outstanding at eriod end (£)

C5 Transactions with trustees and connected persons

i Se

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Baillie Clark's Coal Fund - Draft Accounts 2025 / Notes

December 2007

APPENDIX 1

tus

Trustees’ Annual Report for the period | |_ Day PeriodMonthstart dateYear Day Period| Monthend dateYear From 01 12 24 To 30 11 25 | i

Office of the Scottish Charity Regulator

“Reference and administration details

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|
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Charity name Baillie Clark's Coal Fund Other names charity is known by Registered charity number $C028450 Charity’s principal address 100 Unton Street, Aberdeen

Postcode AB10 1QR

Names of the charity trustees on date of approval of Trustees’ Annual Report

| Trustee name Office (if any) pacaiH nerd (or body) entitled to 4 Rev Sarah Brown Minister, 2 St Machar’s Cathedral [ 3. lan Macintosh Deacon Convenor, 4 Seven Incorp Trades _of Aberdeen i | § Rev Prof Dr John Swinton Professor of Faculty | g Of Divinity, University of Aberdeen | 7 8 : 9 10 1 12 i‘ | | 13 14 15 16 17 18 19 20

APPENDIX 1

“Reference and administration details

Names of all other charity trustees during the period, if any, (for example, those who resigned part way through the financial period)

Structure, governance and management

Type of governing document The Trust was created by a Deed of Settlement by James Clark, Merchant and Baillie in Old Aberdeen, dated 27" October 1807 and registered in the Commissary Court Books of Aberdeen on 25* April 1810.

Trustee recruitment and appointment — ‘The Trustees are the Minister of St. Machar’s Cathedral, Old Aberdeen, the Deacon Convenor of the Seven Incorporated Trades of Aberdeen and the Professor of Divinity in the University of Aberdeen, ail ex officio.

Objectives and activities

Charitable purposes	In the aforementioned Deed of Settlement, the objects of the Trust are
	stated to be the establishment of a coal fund for the distribution of coal in
	winter among poor householders whom the Trustees shall judge to be
	proper objects of charity residing in the town of Old Aberdeen, in Spital
	and Seaton or the lands betwixt Old Aberdeen, Spital, Seaton and the
	sea.
Summary ofthe main activities	In recent years with fewer and fewer people using coal the Trustees have
in relation to these objects	distributed electricity vouchers at Christmas to people in the above
	categoriesidentifiedbytheMinisterofSt.Machar’sCathedral.

APPENDIX 1

‘Achievements and performance

Summary of the main achievements of The Trustees meet annually in December to approve the annual Trust the charity during the financial period Accounts and to decide upon the annual Christmas distribution of electricity vouchers. The amount paid by said distributions in 2025 amounted to £3,100. The distributions in 2024 amounted to £3,100.

Financial review

Brief statement of the charity’s policy | The reserves at the year-end totalled £6,776 (£6,981 in 2024). on reserves

«Details of any deficit

Donated facilities and services {if any)

APPENDIX 1

*Other optional information

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The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) |
Full name(s) | |
Rev. Sarah Brown
Position (e.g. Chair) Trustee
Date -1.o
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APPENDIX 3

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Scottish Charity Regulator
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Independent examiner’s report on the accounts Report to the Charity name trustees/members of Baillie Clark's Coal Fund

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Registered charity SC028450
number
On the accounts of the Period start date Period end date
charity for the period Day Month Year Day Month Year
01 12 2024 to 30 11 2025
1-2 ber to include th
Respective The charity's trustees are responsible for the preparation of the accounts in accordance
responsibilities of with the terms of the Charities and Trustee Investment (Scotland) 2005 Act and the
trustees and examiner Charities Accounts (Scotland) Regulations 2006. The charity trustees consider that the
audit requirement of Regulation 10(1)} (d) of the Accounts Regulations does not apply. It
is my responsibility to examine the accounts as required under section 44(1) (c) of the
Act and to state whether particular matters have come to my attention.
Basis of independent My examination is carried out in accordance with Regulation 11 of the Charities
examiner's statement Accounts (Scotland) Regulations 2006. An examination includes a review of the
accounting records kept by the charity and a comparison of the accounts presented with
those records. It also includes consideration of any unusual items or disclosures in the
accounts and seeks explanations from the trustees concerning any such matters. The
procedures undertaken do not provide all the evidence that would be required in an audit
and, consequently, | do not express an audit opinion on the accounts.
Independent examiner’s In the course of my examination, no matter has come to my attention [etherthanthat
statement disclosed-onthe attached page”)
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 Accounts Regulations, and
¢ to prepare accounts which accord with the accounting records and comply with
Regulation 9 of the 2006 Accounts Regulations
have not been met, or
2. to which, in my opinion, attention should be drawn in order to enable a proper
Signed: understanding of the accounts to be reached.
Name: George BrownRare Car Date: Q-4-Llo
Relevant professional
qualification(s) (ifif any):sa Institute of Chartered Accountants of Scotland
Address: Tawse & Partners
18 North Silver Street
Aberdeen
AB10 1JU
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“Please delete the words in the brackets if they do not apply. if the words do apply, set out those matters which have come to your attention on the following page.

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ACCOUNT
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CHARGE and DISCHARGE of

the Intromissions of Peterkins, Solicitors, Aberdeen as Agents for the Trustees of Baillie Clark's Coal Fund with the Funds of the Trust Estate From: 1st December 2024 To: 30th November 2025

Scottish Charity No SC028450

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Capital
Charge
Estate at Close of last Account
per Schedule | 17,190.22
Estate Realised
per Schedule II 760.00
Gain on Realisation (327.73)
Sum of the Charge 16,862.49
Discharge
Estate Invested
per Schedule Ill 0.00
Expenses of Administration
per Schedule IV 2,144.79
Estate at Close of this Account
per Schedule V 14,717.70
Sum of the Discharge 16,862.49
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Revenue

	Charge
Balance of Revenue at Close of	last Account	11,573.73
income Received
perSchedule VI		1,264.70
Donations Received		4,000.00
perSchedule VII
Sum ofthe Charge		16,838.43
	Discharge
Grants Paid		3,100.00
per Schedule VIII
Expenses of Administration		1,002.97
Per Schedule 1X
Balance of Revenue at Close of this Account		12,735.46
SumoftheDischarge		16,838.43

Schedule |

	Estate at Close of last Account	Estate at Close of last Account
Value @ 30/11/24
2,392.00	2000 HICL Infrastructure Ord shares			2,384.30
9,725.64	1868.877JPMorgan US Equity Income Inc C			2,518.44
3,614.50	2500 Artemis Global Inc units			1,996.75
1,696.00	4000 Aberdeen Diversified Income & Growth Trust Ord 25p			2,719.32
4,277.00	2600 Henderson High Income Trust Ord 5p			4,880.94
4,977.60	610 Murray Income Trust Ord 25p			4,859.88
2,959.48	1025 Artemis Fund Man Income
29,642.22				21,588.48
	Add
	Royal Bank of Scotland		5,456.90
	Capital Account		1,523.81
	In hands of Miller& Co		194.76
	Balance due by Revenue
			7,175.47
	Less
	Sum due to Revenue	11,573.73
	Sum due to Law Agents	-	11,573.73	(4,398.26)
				17,190.22

ScheduletI

Estate Realised

	Value per
	Schedule I/Ill	Sum
	/Purchase	Realised
Aberdeen Diversified Income & Growth Trust B Shares	1,087.73	760.00
(Return of Capital)
	1,087.73	760.00
(Loss) on realisation	(327.73)
	760.00	760.00

ScheduleII!

Estate Invested

0.00

			Schedule IV
		Expenses of Administration
2024
Dec	16	Minister of St Machar's Cathedral - secretarial expenses			50.00
2025
Jan	15	Peterkins, Solicitors
		Fee for the administration of the	Trustforthe year to
		30th November 2024 applicable	to Capital	1,245.83
		plus VAT @ 20%		249.16	1,494.99
	15	Hamilton Law Accountants
		Independent Assessors Fee			59.80
Feb	2	Tawse & Partners, independent	examination of Accounts
		to 30th November 2024			300.00
Jul	28	Miller & Co, Management fee			240.00
					2,144.79
			Schedule V
		Estate at Close of this Account
Value @ 30/11/25
	2,264.00	2000 HICL Infrastructure Ord shares			2,384.30
	9,503.24	1868.877JPMorgan US Equity income Inc C			2,518.44
	4,821.00	2500 Artemis Global Inc units			1,996.75
	1,092.00	4000 Aberdeen Diversified Income & Growth Trust Ord 25p			1,631.59
	4,862.00	2600 Henderson High Income Trust Ord 5p			4,880.94
	5,514.40	610 Murray Income Trust Ord 25p			4,859.88
	3,407.41	1025 Artemis Fund Man Income
31,464.05					20,500.75
		Add
		Royal Bank of Scotland		4,492.29
		Capital Account		2,283.81
		In hands of Miller & Co		176.31
		Balance due by Revenue
				6,952.41
		Less
		Sum due to Revenue	12,735.46
		Sum due to Law Agents	-	12,735.46	(5,783.05)
					14,717.70
			Schedule VI
		Income Received per Miller &	Co
		Dividends
2024
Dec	12	610 Murray Income Trust Ord shares			57.95
	31	1025 Artemis Income			53.45
			Balancecarriedforward...		111.40

		Balance brought forward...	111.40
Dec	31	2000 HICL Infrastructure Ord shares	9.47
	31	2000 HICL Infrastructure Ord shares	31.73
2025
Jan	31	1868.877 JPMorgan US Equity Income Inc	46.60
	31	2600 Henderson High Income Trust Ord shares	69.55
Mar	13	610 Murray Income Trust Ord shares	57.95
	31	2500 Artemis Global Inc	36.73
	31	2000 HICL Infrastructure Ord shares	12.36
	31	2000 HICL Infrastructure Ord shares	28.84
Apr	25	2600 Henderson High Income Trust Ord shares	69.55
	30	1868.877JPMorgan US Equity Income Inc	54.52
Jun	12	610 Murray Income TrustOrd shares	57.95
	30	1025 Artemis Income	57.45
	30	2000 HICL Infrastructure Ord shares	9.52
	30	2000 HICL Infrastructure Ord shares	31.88
Jul	25	2600 Henderson High IncomeTrustOrdshares	69.55
	31	1868.877 JPMorgan US Equity Income	50.06
Sep	11	610 Murray Income Trust Ord shares	70.15
	30	2500 Artemis Global inc	84.27
	30	2000 HICL Infrastructure Ord shares	16.64
	30	2000 HICL Infrastructure Ord shares	24.96
Oct	24	2600 Henderson High Income TrustOrd shares	72.15
	30	4000 Aberdeen Diversified Inc & Gth Trust Ord shares	60.00
	31	1868.877JPMorgan US Equity Income	44.16
		Royat Bank of Scotland Interest	87.26
			1,264.70

			Schedule VII
		Donations Received
2024
Dec	6	Violet Murray Lessel’'s Trust		3,500.00
	17	Thomas Primrose Trust		500.00
				4,000.00
			Schedule VIII
		Grants Paid
2024
Dec	16	St Machar's Cathedral		3,100.00
				3,100.00

Schedule IX Expenses of Administration 2025 Jan 15 Peterkins, Solicitors Fee for the administration of the Trust for the year to 30th November 2023 applicable to Revenue 803.66 plus VAT @ 20% 160.73 964.39 15 Hamiltons Law Accountants Independent Assessors Fee 38.58 1,002.97

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S WIA, %
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O“Love
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ACCOUNT CHARGE and DISCHARGE of

the Intromissions of Peterkins, Solicitors, Aberdeen as Agents for the Trustees of Baillie Clark's Coal Fund with the Funds of the Trust Estate

From: 1st December 2024

To: 30th November 2025

2025 MH/423-1