| Charity name: | Mary Chalmers Charitable Trust |
|---|---|
| Scottish Charity Number: | SCO28591 |
| Principal Address: | c/o Stronachs LLP, 28Albyn Place, Aberdeen, AB10 1YL |
| Solicitors: | Stronachs LLP |
| Investment Managers: | |
| Independent Examiners: | Acumen Accountants and Advisors Limited |
| Trustees: | Stronachs Trustee Company Limited |
| Structure, Governance and Management | |
| Governing Document: | The Trust is a charitable trust formed and administered in the terms of |
| the Trust Disposition and Settlement of Shirres |
|
| Chalmers dated 23 December 1996 and recorded in the Sheriff Court | |
| Books of Aberdeen on 17 April 1998 ("the Trust Deed"). | |
| Recruitment andAppointment | The Trustees were appointed in the Trust Disposition and Settlement |
| of New Trustees: | registered in the Sheriff Court Books of Aberdeen on 17 April 1998. |
| New Trustees will be appointed by the existing Trustees as and when | |
| necessary. | |
| Trustee Remuneration and | The Trustees did not receive any remuneration or expenses during the |
| Expenses: | year. |
| Risk Management: | The Trustees have a duty to identify and review the risks to which the |
| charity is exposed and to ensure appropriate controls are in place to | |
| provide reasonable assurance against fraud and error. |
| Independent examiner's report | Independent examiner's report | Independent examiner's report | on the accounts V2 | on the accounts V2 | |
|---|---|---|---|---|---|
| Charity name | |||||
| Mary Chalmers Charitable Trust | |||||
| SCO28591 | |||||
| Period start date | Period end date | ||||
| Day | Month | Year | Day | Month Year | |
| 01 | October 2023 | to | 30 | September 2024 | |
| (remember to include the page | |||||
| 'numbers of additional sheets) |
| NDIX 2 | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Mary | Chalmers Charitable Trust | SCO28591 | |||||||
| OSCR Scottish Charity Regulator |
For the period from |
Receipts and 01 October |
Payments Accounts 2023 to 30 September |
2024 | |||||
| Section A Statement of receipts and payments | |||||||||
| Unrestricted funds |
Restricted funds | Expendable endowment funds |
Permanent endowment funds |
Total funds current period |
Total funds last period |
||||
| to nearest E | to nearest E | tonearest € | to nearest | E | to nearest E | to nearest E | |||
| Al Receipts | |||||||||
| Donations | |||||||||
| Legacies | |||||||||
| Grants | |||||||||
| Receipts from fundraising activities | |||||||||
| Gross trading receipts | |||||||||
| Income from investments other than land and buildings |
13,047 | 13,047 | 12,737 | ||||||
| Rents from land & buildings | |||||||||
| Gross receipts from other charitable | |||||||||
| activities | |||||||||
| Bank interest | 190 | 118 | 308 | 248 | |||||
| Al Sub total | 190 | 13,165 | 13,355 | 12,985 | |||||
| A2 Receipts from asset & investment | |||||||||
| sales | |||||||||
| Proceeds from sale of fixed assets | |||||||||
| Proceeds from sale of investments | 69,599 | 59,599 | 37,166 | ||||||
| A2 Sub total | 59,599 | 69,599 | 37,166 | ||||||
| Total receipts | 190 | 72,764 | 72,954 | 50,151 | |||||
| A3 Payments | |||||||||
| Expenses for fundraising activities | |||||||||
| Gross trading payments | |||||||||
| Investment management costs | 3,101 | 3,101 | 3,090 | ||||||
| Payments relating directly to charitable | |||||||||
| activities | |||||||||
| Grants and donations | 4,965 | 4,965 | 8,100 | ||||||
| Governance costs: | |||||||||
| Audit / independent examination | 725 | 726 | 726 | ||||||
| Preparation of annual accounts | 1,445 | 1,445 | 1,248 | ||||||
| Legal costs | 1,593 | 1,593 | 4,119 | ||||||
| Other | |||||||||
| A3 Sub total | 8,729 | 3,101 | 11,830 | 17,283 | |||||
| A4 Payments relating to asset and | |||||||||
| investment movements | |||||||||
| Purchases of fixed assets | |||||||||
| Purchase of investments | 57,282 | 57,282 | 44,800 | ||||||
| A4 Sub total | 57,282 | 57,282 | 44,800 | ||||||
| Total payments | 8,729 | 60,383 | 69,112 | 62,083 | |||||
| Net receipts / (payments) | (8,539) | 12,381 | 3,842 | (11,932) | |||||
| AS Transfers to / (from) funds | 13,288 | (13,288) | |||||||
| Surplus /(deficit) for year | 4,749 | (907) | 3,842 | (11,932) |
| APPENDIX 2 Section B Statement |
of balances Mary |
Chalmers Ch | aritable Trust | aritable Trust | SCO28591 | ||
|---|---|---|---|---|---|---|---|
| Unrestricted funds |
Expendable Restricted funds endowment funds |
Permanent endowment funds |
Total current period |
Total last period | |||
| to nearest E | to nearest E | to n catr,t | to nearest E | to nearest E | to nearest E | ||
| B1 Cash funds | Cash and bank balances at start of year | 4,711 | 7,548 | 12,259 | 24,190 | ||
| Surplus / (deficit) shown on receipts and payments account |
4,749 | (907) | 3,842 | (11,932) | |||
| Cash and bank balances at end ofyear | 9,460 | 6,641 | 16,101 | 12,258 | |||
| (Agree balances with receipts and payments | |||||||
| account(s)) | |||||||
| Fund towhich | asset belongs | Market valuation | Last year | ||||
| to nearest E | to nearest E | ||||||
| B2 Investments | Stocks and shares | Expendable endowment funds | 333,997 | 310,673 | |||
| Total | 333,997 | 310,673 | |||||
| D | Fund to which asset belongs | Cost Of available) | Current value (if available) |
Last year | |||
| to nearest | te nearest E | to nearest E | |||||
| B3 Other assets | |||||||
| Total | |||||||
| Fund towhich | liability relates | Amount due | Last year | ||||
| to nearest E | tonearest | ||||||
| B4 Liabilities | Accruals - preparation of accounts | Unrestricted funds | 1,446 | 1,446 | |||
| Accruals - independent examination | Unrestricted funds | 726 | 726 | ||||
| Accruals - legal costs | Unrestricted funds | 2,356 | 466 | ||||
| Accruals - Investment management costs | Expendable endowment funds | 759 | 736 | ||||
| Total | 5,286 | 3,373 | |||||
| Fund towhich | liability relates | Amount due (estimate) |
Last year | ||||
| to nearest E | tonearest £ | ||||||
| B5 Contingent liabilities | |||||||
| Total | |||||||
| Signed by one or two trustees on | Date of | ||||||
| behalf of all the trustee, | approval | ||||||
| $31b12.' |
| Cl Nature and purpose of | There is a single unrestricted fund for the day to day running of the Trust. Unrestricted funds are | There is a single unrestricted fund for the day to day running of the Trust. Unrestricted funds are | those that may |
|---|---|---|---|
| funds (may be stated on | be used at the discretion of the Trustees in furtherance of the objectives of the Trust. There is a | single | |
| analysisof funds worksheets) | expendable endowment fund which my only be used for specific purposes. The Deed of Trust states how the funds should be used to achieve a regular income for the beneficiaries and capital growth of the investments to |
||
| ensure continuity of the Trust. | |||
| Individual I Number ofgrants Type of activity or project supported institution made |
|||
| C2 Grants | North East Sensory Services | Institution | 1,655.00 |
| The Salvation Army | Institution | 1,655.00 | |
| Royal National Lifeboat Institute | Institution | 1,655.00 | |
| Total | 4,965.00 | ||
| 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) | ||
| .A1.1[110111,1 Under which paid | |||
| C3b Trustee remuneration - | |||
| details | |||
| 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 | ||
| amount (£) | outstanding at | ||
| Nature of relationship | Nature of transaction | period end (E) | |
| CS Transactions with trustees | |||
| and connected persons | |||
| C6 Other information |
| Unrestricted funds |
Restricted funds | Expendable endowment funds |
Perrnanent endowment funds |
Total current period |
Total last period | |
|---|---|---|---|---|---|---|
| to nearest E | to nearest E | to nearest E | to nearest E | to nearest E | to nearest E | |
| Total | - |
| Unrestricted funds |
Expendable Restricted funds endowment funds |
Permanent endowment funds |
Total current period |
Total last period |
|---|---|---|---|---|
| to nearest E | to nearest E to nearest E | to nearest E | to nearest E | to nearest E |
| Unrestricted funds |
Restricted funds | Expendable endowment funds |
Permanent endowment funds |
Total current period |
Total last period |
|---|---|---|---|---|---|
| to nearest E | to nearest E | to nearest E | to nearest E | to nearest E | to nearest E |
| Total | Total | |||
|---|---|---|---|---|
| Unrestricted | unrestricted | unrestricted | ||
| Fund | funds | funds last period | ||
| Receipts | ||||
| Donations | ||||
| Legacies | ||||
| Grants | ||||
| Receipts from fundraising activities | ||||
| Gross trading receipts | ||||
| Income from investments other than land and buildings | ||||
| Rents from land & buildings | ||||
| Gross receipts from other charitable activities | ||||
| Bank interest | 190 | 190 | 87 | |
| Sub total | 190 | 190 | 87 | |
| Receipts from asset & investment sales | ||||
| Proceeds from sale of fixed assets | ||||
| Proceeds from sale of investments | ||||
| Sub total | ||||
| Total receipts | 190 | 190 | 87 | 1 |
| Payments | ||||
| Expenses for fundraising activities | ||||
| Gross trading payments | ||||
| Investment management costs | ||||
| Payments relating directly to charitable activities | ||||
| Grants and donations | 4,965 | 4,965 | 8,100 | |
| Governance costs: | ||||
| Audit /independent examination | 726 | 726 | 726 | |
| Preparation of annual accounts | 1445 | 1,445 | 1,248 | |
| Legal costs | 1,593 | 1,593 | 4,119 | |
| Sub total | 8,729 | 8.729 | 14,193 | |
| Payments relatingtoasset and investment | ||||
| movements | ||||
| Purchases of 5xed assets | ||||
| Purchase of investments | ||||
| Sub total | ||||
| Total payments | 8,729 | 8,729 I | 14,193 | |
| Net receipts / (payments) | (8,539) | (8,539) | (14,106) | |
| Transfersto /(from) funds | 13,288 | 13,288 | 15,923 | |
| Surplus / (deficit) for year | 4,749 | 4,749 | 1,817 | |
| Nature and purpose of funds |
| Mary Chalmers C | haritable Trust | SCO28591 | |
|---|---|---|---|
| Additional analysis (3) | |||
| 6 Breakdown of restricted funds | |||
| Total | Total expendable | ||
| Expendable | expendable | endowment funds | |
| Endowment | endowment | last period | |
| Fund | funds | ||
| Receipts | |||
| Donations | |||
| Legacies | |||
| Grants | |||
| Receipts from fundraising activities | |||
| Gross trading re.ceipts | |||
| Income from investments other than land and buildings | 13,047 | 13,047 | 12,737 |
| Rents from land & buildings | |||
| Gross receipts from other charitable activities | |||
| Bank interest | 118 | 118 | |
| Sub total | 13,165 | 13,165 | 12,737 |
| Receipts from asset & investment sales | |||
| Proceeds from sale of fixed assets | |||
| Proceeds from sale of investments | 59,599 | 59,599 | 37,166 |
| Sub total | 59,599 | 59,599_ | 37,166 |
| Total receipts | 72,764 | 72,764 I | 49,903 |
| Payments | |||
| Expenses for fundraising activities | |||
| Gross trading payments | |||
| Investment management costs | 3,101 | 3,101 | 3,090 |
| Payments relating directly to charitable activities | |||
| Grants and donations | |||
| Governance costs: | |||
| Audit / independent examination | |||
| Preparation of annual accounts | |||
| Legal costs | |||
| Sub total | 3,101 | 3,101 | 3,090 |
| Payments relating to asset and investment | |||
| movements | |||
| Purchases of fixed assets | |||
| Purchase of investments | 57,282 | 57,282 | 44.800 |
| Sub total | 57,282 | 57,282 | 44.800 |
| Total payments | 60,383 | 60,383 | 47,890 |
| Net receipts / (payments) | 12,381 | 12,381 | 2,013 |
| Transfersto /(from) funds | 113.288) | (13.288) | (15,923) |
| Surplus / (deficit) for year | (907) | (907) | (13,910) |
| Nature and purpose of funds |