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 loth*r 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￿&* b*aic•5atondof y
fJry
J¢i.74
JJJ,a97
Tr
341.7
JJJ.497
Ll•biHW
1.446
Urv¢s
7$
rfA*l
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 L*ed foy sw-
urposes Tne t)ee4 olTrJsI >iale> W Ihe
lunds sh￿d ￿ used nache¥ea iegJ&r rcrre fortre a￿j cakYtslgro*th 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.seconty*e 5ectw
CJb Trustee remuneratlon-
details
C48 Truet99 OXVn9•5
11 no eAp8nse5 wère pwd 10 anyc*arty IrUS￿ thrirotne uoss tys
loihep*4Ise 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
e*iri¢l*d 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
tor*th•ill
4 P•ym•nti r•L•tln9 dlrnetty to ¢h*ril•tyl* •¢lrdl**
T*￿Ic￿￿ent
p•riDd
ton*if*itE
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¥*siffl*nli4
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$t
SC028591
Addilional analysis131
6 Brpakdown of ￿￿trIct¢d funds
la￿ PCTVA
Fm1
R¥eipts
Income:'om Inveslfflen13ntW thai 14th1
11.15é
￿l￿re
Sob toial
Sub lot
10.•gF
72.764
.•q* cosl
Piym•nti iolitino to i•••t •nd kn¥Mtm•nt
mov*m*rti%
TrnMfol* to I Iftymi luThJy
lij J461
Surplv$k{dellciii tsryeol
71$
72S
13V7
Naturv and
#• of iunrts
12