2025-09-30-accounts

Mary ChalrnÈrs Charitable Trust Registered Scottish Charity Number.. SC028591 Period of Account.. l Ottobef 2024 to 30 September 2025

Mary Chalmers Charitable Trust Contents Page Trustee5' Report 24 Independenl Exèmiller'5 Report Receipts and P3yrnents Account Statement ol 8al3nces NotQS to the Accounts 9-12

Mary Chalrner5 Charitable Trust Trustees, Annual Report and Accounts for the year ended 30 September 2015 The Trustees have pleasure in presenting their report together wilh the financial siatemen¢s and the independent examiner's report for ihe year ended 30 September 2025. Charity name.. Mary Chalmer5 Charitable Trust Scottish Charity Number.. 5C028591 Principal Addres5'. clo sironach5 LLP. 28 Albyn Place, Aberdeen, ABIO IYL Solicitors.. Stronachs LLP Investment Manager5.' Brewin Dolphin Independent Examineis.. Nuvo Scotland limrted Tru5tee'. Stronachs Trustee Company Limiied Structure, Governance and Mana8tment Governlng Docufflent.. The Trust is a charitable Trust formed and administered in terrns of the Trust Disposition and Seiilernent of Miss Mary Lily Shirres Chalmers dated 23 Oecember 1996 and recorded In the Sheriff Court Books ol Aberdeen on 21 January 1998. Recruitment and AppoiThimeni of New Trustees.. The original Trustees were appointed in the Trust Disp051tion and Settlement dated 23 December 1996 and registered in the Sheriff Coun Books of Aberdeen on 21 January 1998. The current Trustee, Stronachs Trustee Company Limited, were appoinied by way ol Deed of Assumption and Conveyance dated 7 and 12 November 2019 and registered in the Books of Council and Session on 20 November 2019. TTusree Remuneration and Expen5e5'. The Trusiees did not recewe any rernuneration or expenses during the year. Risk Management.. The Tru5tee5 have a duty to identify and review the risk5 to which the charity is exposed and io ensuie appropriate coniro15 are in place ro provide reasonable assurance against fraud and erfor.

Mary Chalrner5 Charitsble Trust These relate. In the main, to Investment rnanagement and have been amelioraied by the employment of an investment manager. The Trustees also protect against the risk of financial mismanagement by the appointment of solicitor5, who are bound by the Law Society of Scotland Solicitor5 Accounts Rule5 sn relation to their client monies. Objectives and Activities Charitable Purposes.. To hold the trusi fund and to apply ihe income thereon for charitable purposes by paying grants to the chaTlties detailed in the Trust Deed. The Trusiees may consider other charities whose obieciives are similar to any of the above beneficiarie5 and pay grant5 to thern at their discretion. Summary of Main ActIvit￿S.. In order to generate Incorne the Trustees have invested the trust assets In an investmenl portfolio. managed by 8rewin Dolphin. AchSevement and Performance Grantmakin8'. The Trusi has the following beneficianes detailed according to the Trust Deed-. Thè Grampian Society for the 81ind (now known a5 North-Ea5t Sensory Services) The Aberdeen Branch of The Royal National Lifeboat Institution Thè Aberdeen 8raThch gf the Salvation Armv Summary of Main Achievemeni5'. During the course ol the year, the charity made gran15 of £9,000 12024.. £4.9651 to the above fiarned beneficiarie5, equally between them. Finzncial Review Investment Policy.. The Tru51ees havc appointed invesiment managers to monage the underlyin8 trusl assets on 3 discretion3ry basis. This requires the investment manageT5 to make the day to day decision5 regarding investments wrthin the portfolio with the Trustees setting out the overall objeciives and parameiers. The objective ol ihe portfolio is to achieve regular income for benefi£iaries and tapiial growth to ensure continuity of the tharity in perpetuity_ The balance after deduction of expen5e5, may, at the Tru5tees' discretion, be paid over to the beneficiarie5 aThnually.

Mary Chalmets Charitable Tiust Financial Review.. Ouring the year there was an increase in receipts fof the nrestricted funds. Wlth the total being £30012024.. £1901. There Wa5 an increase in receipts lor the expendable endowment funds with the total being £ 13.15612024.. É 13,0471. There wès an increase in the amount received fro￿ the Sale of inve5trnents with the ioral being £28,897 12024.. £59,599) and an increase in the amount spent on the purchase of new Investments with the total being £24.85112024.. £57,2821. The total market value of ihe Trust portfolio at the year end is £341.74512024.. £333.9971. The Truslees continually review the portfolio and continue to monitor and review the funds. Reserves.. 11 is ihe policy ol the Trustees to distribute the charity's Income In the form of 8rants or donations. The balance of unrestricted funds as at 30 Septernber 2025 was £7.403 12024.. £9,460). The balance ol expendable endowment funds wa5 £7.36612024.. £6,641>. The Trusiees hold feserves to allow the charity to meet fluctuations in receipts or payment5. Future Plans: The Trustee5 will continue to operate the Trust in the 53me manfier. with the investment managefs continuing to manage the Inve51ment fund. to fulfil the charity's purposes. Declaration Approved bv the Trustees on 29 20L and SiEned on their behalf bv.. Jaclyn E P Russell Director Stronachs Trustee Company Limiied

APPENDIX 3 OSCR tottish Ch2r'iy 9￿¥u￿[Of Independent examlner's report on the accounts Report to the Iru5teeslmemb8r5 01 Chanty nam Mary Chalmers Charitable Trust SC028591 R•glst0rod Charlty number On th• accounts of the charity for th8 P8ri0d Period slart date Penod end date onth Day Y•¥ Year 01 October 2024 lo 30 SepiembeT (tYm•m￿l0 iftduae Ine pag bE15 at4dthtsan4 ¥h&èi$l 202S Set out on pages Rgspgclive The charity's Iwstees are responsiljle lor the preparaiion of the accounts in accordance r•5ponslbillties ol wrth the terms of the Charrties and Trustee Investment (Scotlandl 2005 Act and the trustees and •xamlner Charities Accounts Iscoiiandl Re9ulation5 201% las amendedl Tht charity Irusiees ¢tsnsidè¥ that thè audit rèquiremènt ol Regulation 10111 Idl of the Accounts Règulations does nol apply It Is my responsibility to examine the aG¢wnts as required under section 44111 Icl of the Acl and lo state whether particular matters have come to my attenlion Basls ol Sndop8ndont My examination is carried oul In ac¢ordance Regvlalion 11 of th 2006 Ateounts examlnor's stat•mant Regulalions. An examination Includes a review of the ac¢ountsng records kèpl by the charity and a comparison of Ihe accounts piesenied with those records. It also Includes con51deration of any unu5u31 rtems or disclosu￿$ In tre accoun15 and seeks 8xplanations from the Iruslees concerning any such matters The procedures undertaken do nol provide all Ihe evidence thai would be required in an audit and consequently. I do not express an audit opinion on the view given by the accounts. Independent examiner's In Ihe ¢QUTse of my examinavon. no Matter has come lo my attention lothr than that statement disdosed on Ihe attaGhed p3ge'l which gives me ￿aSOnable cause to believe that in any malenal respect the requirements. to keep accounting records in accordance with section 44111 lai of the 2005 Act and Regulation 4 of the 2006 Ac¢gunts Regulation5. and 10 prepare accounis which accord wth the accountsng records and comply with R8gul•tion g of th• 2006 ￿e￿￿n(S R•9ulatwn8 have nol been met. or lo which in my opinion. attention should be drawn in order to enable a proper un rslanding ol Ihe accounts to be reached. Date.. Signed.. Name.. Relevant professional qualificationlsl or body ALCA lif any>= Ross Murrai.. Nui'o swi1￿1 Limitsxi Address: Baik'_ .￿ea￿ Diii'e So'j-tr. Of . Ake=dee.15k.iEe IL 4Y.X 'Pleasè deleie the words In the biatkets Il do app￿.11Ihe worés do appty. sd OLrf those mattets have corne io your attent￿n on the following page

APPENDIX 3 Disclosure section Only complete il the examiner needs to highlight matenal problems. Give hore briel deiails of any items that thè examiner wishes to disclosè

APPENDIX 2 Mary Chalmers Charitable Trust Receipts and Payments Accounts SC028591 OSCR For the frorn 14 4D 2025 Section A Stateinent ol receipts and payments Unrostricted funds funds l¥nd5 current poriod pgnod tan•4t•A1f AIAtt Roce.015 trom lundraigng ￿ville5 Gross trading'ecoip.. Income from InvesimefflLS amer'.han lard and ty￿114 FeDls trcvn land & buildings Gros5 receipts (xTh other rhantsty 1).156 13,156 1),047 300 Al Sub 10181 A2 R•c¢lpt• frorn 45g•t & Prooea¥ horn Sale ol hxett assets Ppoueas ￿Orn sale ol iThvpsimenis 28.197 26.897 59,599 59.599 A2 SL¢b ioral 28897 Tot•lre¢elpi8 42.107 42,407 72.954 A3 PAym•nt9 Investmen.1 m3n39ement costs Payments reiatirnq 01￿ClI￿ to ￿ArlI•￿e J.115 3.195 3.101 4,969 Governance ctrsts A￿lt I 1rde￿n¢￿t examinatio 726 726 726 P￿paratIOn oTarnnual a￿￿niS Legal costs 1.4 1.445 4.413 4.483 1.59J A3 Sub toial 15.703 3,185 18,B88 11,830 A4 Payments relating to •S5el 4Dd Invesimont movements Purchase ol Inves'.merrs 24.851 24.851 24.851 57,282 A4 Sub ioial 24.851 57,282 Total paymertts 15.703 28.036 43.735 65.112 NetrKeipts /(paymentsJ 115.40JI 14.071 3.B42 A5 Transfers to I (from) lunds 13.346 113.3461 Surplus/faTefic*tl foryear 725 11.3321 3.842

Mary Chalmèrs Charitable Trust SC028591 Sociion B Statement of balances nd 81 Cash funds .a5ha bar"a￿￿@S • 5W 6,641 1105TJ c￿h￿d￿& baic•5atondof y fJry J¢i.74 JJJ,a97 Tr 341.7 JJJ.497 Ll•biHW 1.446 Urv¢s 7$ rfAl Affl#￿￿d 80 Contln9•nt Ibibllnlqs T& zz Slw•lyr• Pnrrtriaft O•to QT prDV JACLVM EP pusseiL

APPENDIX 2 ary Chalmers Charitable Trust SC028591 Section C Notes to the Accounts C1 Nature purpo5E of lunds (may be stated on noiy51s offunos ivorkshceisl -rJ'J' -e 03. .Q lu- may al the Tiusiees in fur-.twance of ihe of Ibe Tfusl There IS a sin9le End&N￿re￿I MY CYWY be Led foy sw- urposes Tne t)ee4 olTrJsI >iale> W Ihe lunds sh￿d ￿ used nache¥ea iegJ&r rcrre fortre a￿j cakYtslgroth oflhe Inves1￿ents io en9Jie Cofiinui? dthe Tr￿L C2 Grants N￿￿.h East sen￿[¥ SeTri TPie SdlvatKW Army 3.ODO 00 Ro al Naiionai Lifer)at I￿Il￿e 3.000.00 Td .uoo.00 C3a Truste? rernunerallo If no iÈmJfjeratittnwaS the WKIJ ioanytt•tytrustée LW ¢￿￿ette4 10 r405st￿lstOX IfftThV.secontye 5ectw CJb Trustee remuneratlon- details C48 Truet99 OXVn9•5 11 no eAp8nse5 wère pwd 10 anycarty IrUS￿ thrirotne uoss tys loihep4Ise 5eciw 4bl Nurnb•rfjl C4b Trustee expènsès. UM IÉI C6 Trlin••GliOtt• wlth tru4iM• and connocted PErJon¥ C6 Olher inforrnalion

APPENDIX 2 Mary Chalmets Charitable Trust SC028S91 Additional analysis111 Anatysis of receipts and paymtnts 1 Donations Lknmsll￿1•d eiri¢ld furyd lund per 4rnxlE Tth 2 Grants E￿p•￿•b￿? •ni Totil cuff•fjt •iirJd luffld aM61f To&1 J Grob• rec•lpts liom othei aciivrtl•A Fl•Str￿l￿d frAnd TolilLuM•nl Ifiod torth•ill 4 P•ym•nti r•L•tln9 dlrnetty to ¢hril•tyl •¢lrdl T￿Ic￿￿ent p•riDd tonifitE lun •ndowffrtnl tuhd ¢¢ r•t•ilE Fo¢41 10

Mary Chalmers Charilable Trnst SC028591 Additional analysis121 reakdown olunrestiicted funds Tot41 l•d Joo a¥s•t& lil¥sifflnli4 Tol•lr•rwpls •.0 •.000 134 726 P•ym•nl• SVO TO¢•i 14dtiK¢lprsi[paynwntsp Transfern tol Ilrgml lJ.J46 110571 N•turo and SE ollund¥

Mary Chalmers Charitsble Tru$t SC028591 Addilional analysis131 6 Brpakdown of ￿￿trIct¢d funds la￿ PCTVA Fm1 R¥eipts Income:'om Inveslfflen13ntW thai 14th1 11.15é ￿l￿re Sob toial Sub lot 10.•gF 72.764 .•q cosl Piym•nti iolitino to i•••t •nd kn¥Mtm•nt movmrti% TrnMfol to I Iftymi luThJy lij J461 Surplv$k{dellciii tsryeol 71$ 72S 13V7 Naturv and

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