RECEIPTS and PAYMENTS
ACCOUNT
Alexander Hay Maclagan Trust
(Known as: A H M8elag8n Trustfor Maddartyl
From.. 15 October 2023
TO.. 14 October 2024
S¢otll$h Charlty Number SC036957
2024
NTIFS5
08962100001

Alax#￿tIo1 14ay ML¢lag¥n TruBI
IKnown 4•. A Fl Moclouan Yru81 lor M&ddertyl
liii•ta•x' R•porl ond A¢Gounl8 lor Iho yo•1 or¢dod 14 Octob#r 2D74
Sctrlll•h Charlly Numbor 8CQJ&V57
ConliGI
fvIDrton Froopr MacRob8rl8. LLP, Solldlof&. b Hayni4Fk61 S9U8fè. Edlnljuiuh. EH3 8RY
Ro¢rultmoni •ppolntm•ni ol Yfuglqf*i
All ol tho Truyl'¥ cuifeni IfUBleDÈ Ofo appdlntgd ex oflStks uvder lh• Twsl Doed.
Gov4rnlng doctsm¥nl
Tho Ywsl Is o ¢hArK%iblo unlMCOtpoioltd as$oclolion and Ihe puipo588 arJmfftl$tr8UoTr )trdng¢mént
a¥0 yel oul tp) Yfusi Dlyposlljun anl S¢lllemenl by Ihg lei¢ Ai•xander Hay MaGlts9¥n daterj 2 De¢ert8r
Gh•iiiAbl• purpo•e*
Th8 oUIPOW6. ttl focordad In Iho Tw9t 018po$lllon and SEillsrnonL ore lo benofil p￿1#￿ ol Ma¢Jd6rty.
Pwlhshlie*. Sp*¢iifcally Ilif> purp050B indude Ihts malntenancg ol Iho P8rlgh chur¢h, 9rAvey$rd. Wal
m9moilol 00d Hall ol fv¢addwly, Ihè P(0¥¢y1￿ Df 3ddiliOrtel e(iu¢ailono1. ￿￿￿￿￿11￿*21 and olhfjr
cil*1189 lor Iho 8chtsd ID MBddorty. the relièl ol poverly 8rvJ advan¢¢monl ol thg Comrnuthiiy oi Madderty.
Actlvlll45 •Md Achlgvèfflentff
Durtno thè ygor ihfj TiusleO5 hove givf>n 9ranls lo Maddefly Prfrmry SCI￿1. Mld Slrolh•rn Chutch.
M3dd&rty Communll¥ hsaooiolk)n.
The TIu91 wlll ¢onllriuo lo mD%E uranta in lulure y*>i8 Iho bonDfil ol lh8 COMft￿nIty.
Re•grwJ¥
1118 thg policy of Ihw Yrugt lo molnl4in unrestr1¢￿￿ funds whlrh 4310 Ihe free fvnds ul lh• T 81 O level
which provldes lund¥ Iv o¢nor810 sufficlgnl Inco￿1* to COVQI 018nits paid and Ihe 8dmlnislFallon and 8uppvrl
cosls of the Tru81. As A 188uII ol th8 8uiplus 01 £54.32512023: £g.63gi for Iht yeol. Iho TNgl Iwld
unr¢stslc(¢d lufids m8(le up ol Inve81rngnlg, ol n markel valu¢ ol Cl.726,62512023.. £1.1S7,251) and c3sh
01 £139,0291202).. tIJ4,704). Tho lév81 ol ro$eTVOY tonsldaieLI n•cosJary ￿ malniolD Ihe rtug1'
Inv631B)ent portlollo 01 a l•vèl whlch vlll gèn8rotg suff￿19n1 8nnu* inco¥M8 lo IvFLd luiufo OPWBllons ortd tr>
wllhstand BnyloÈgos 8rlsln9 from oxposur• lo aryultles.
Tho trus1883 iho gontsrlll fund ijt £13$,029 tn8blo to ¢ohllnufj to bonolll Ihv Peil•h tsl
Apyovad by lh8 T￿$10¢5 aThl slgnoL* on beh¢Jl ol all Trugtees by-"
l7-07- 2tsZ
D418

Independent Examiner's Report to thè Trust606 Alexahder Hay Maclagan Yrust
(Known as: A H Macl8gan Tru$1 foy Maddèrtyl
I report on the accounts ol the charity for Ihe year ended 14 October 2024 which are sel out on pages 3
to5.
Respectlve re$pon$ibilities of trustees and examlnèr
The charills Iruslees are responsible for the preparation of the accounts in accordance willi the leims of
the Charllies and Trustee Inveslmenl (Scotlandl Act 2005 and the Chariti85 AGr,oiinl8 (Scollandl
Regulations 2006. The charity Iruslèes consider that Ihe audit requiromenl of Regulalion 1011 I Idl ol Ihe
Accounts Requlalions does nol apply.11 Is my rasponslbllity to examine the accounls as required ul￿er
section 44111 Icl ol the Act and lo $la19 whother pailicular matlers have e¢Nne lo my attenlion.
Basls of Independent examiner's statemènt
My examlnation Is ¢arried oul in aocordance with Regulation I l .f the Charilles Accounts Iscuuaridl
Rcgulations 2006. An examination indudes a r4vi8w of the acf iunllng f￿rdS kept by Ihe charity and a
cornpgrison of the a¢counls presented with those r8oords. 118lso indud6s consideration of any unusual
ilern$ or disclosures in the accounls, and Seeks explanations Irom the Iruslees conc8rning any su
required in an audll. and consequently I do not express an audit opinion on the view given by the
acGounls.
Independent examinerfs statement
In (he coursa OF my @xamlnallon. no mall•r has Comè lo my attention.
vhlch glves me reasonablo cause lo believe that In any malerlal resp￿1 the requirements..
to keep accounting records in accordance Wblh S?Elion 44111 {al of the 2005 Act and RegulAlion 4
ol Ilie 2006 Accounts R8gulallons, and
to preparo accounts which a￿Ord with the accounting racords and comply wllh RÈgul8llon 9 of the
2006 Acoounls R8gulats'ons have not been mel. or
to ￿1¢h, in rny optnion. 8tteiilion should be drawn in order lo onable a proper understanding of th8
aGGourbls lo be reached.
war
Cliartered Certified Accoulltants
24A Ainslie Place
E(lir)burgli
EH36AJ
.Dale

Alexander Hay M8clagan Trust
IKnown as: A H Maclagan Trust for Maddertyl
Receipts and Payments A¢count for thè year ended 14 October 2024
Notès
2024
2023
Recelpts
Income from investments
Nel Investment cost$
40,841
161,798
37,548
6,353
Total
202,639
43,901
Payments
Payments rèlating directly lo charitable activities
Grallts and donations
Fee lor independent examinalion of account
Brew¢n Dolphin - Portfolio management fees
Morton Fraser MacRoberts - admlnisliallon lee8
Morton Fraser MacRoberts - Investsnenl Management Fee
8,867
26,660
666
8,427
4,320
4,600
129,355
720
8,619
5,820
3,800
Total
148,314
53,540
SurplusllDelicitl for year
54,325
{9,6391

Altsxandor Hay Maclag•rt Tiusl
IKnown a5.. A H Maclagan Tru51 for Maddgrtyl
slut9￿ent ol Balancos as >114 Oclober 2024
Nolès
7024
2023
Bunk and cash hand
Opening b31aiicas
Surplu51lDellutl ltsr year
94.343
.6J9
84.704
54,325
C.1051nu bTrlances
139,029
84,704
Rosenfcs
Gcnèièl lunds
139.L129
84.704
Asspls
Invegimenls 81 markel valuè
Debtors
1,138,525
1.167.251
1,880
LIBblliti&s
94.110
920
AA lunds ai8 unieslricled.
Approved by the Trugie8s 8fi<1 slgned on behèlf ol all Truslee$ by,.
11-()1- Z&2
Do10

Alexander Hay Maclagan Trust
(Known a#: A H Maclagan Trust for M8ddertyl
Notes on the Financlal Statements for the year ended 14 October 2024
2024
2023
Payment relatlng dlrectly to ¢haYltablè actlvlties
War Memorial repairs
8.867
8.867
2024
2023
Grants and donatlons
Madderty Primary School - Fund- grant for varlous activilles and
learning resourc8s
Madderty Primary School - car park improvements, external door an
playground alleralions
Madderty Parent Council- help towards playground equipment
Madderty Cotnmunity Associalitsn - help towards solaf Panels. internal
lights and EV charger
Madderty Community Association - grant to help with the Covid deficit.
sdvertislng and update grtlcl8s
Mid Slralhem Church
8,￿0
6,800
77,126
29,628
4,860
13,701
11,000
4,0110
129,355
26,660
2024
2023
Dabtors
Dividends receiv8ble
1,575
1,880
1,575
1,880
2024
2023
Llabllltles
Independenl Examinallon fees
Adminislralion fees
Grant ¢ommitmenls
756
480
92,874
720
200
94,110
920
Transa¢tlons wlth trustees and connected persons
Trusteès do not receiv& remuneration, expenses or other benefits from their work with the Trust.