RECEIPTS and PAYMENTS ACCOUNT Al•xander Hay Ma¢lagan Trust (Known as: A H Maclagan Trust f¢x Madderlyl From.. 15 October 2024 TO.. 14 O¢tober 2025 S¢ottl$h Charlty Numb¢r SC036957 2025 NTIFS5 08962100001
Alexander Hay Macla9an Trust (Known as.. A H MaGlagan Trust for Maddertyl Tru5tse$' Annual Report and Accounts for the year ended 14 October 2025 Scottlsh Charlty Number SC036957 Tmstees Counclllor Frank Smllh Jacqueline Fa¥rell IHe8d Teacher, Madderty Prlmary School) Marjori6 Clark- resigned 2211012025 R&verend Rdjert B¥otherslon Milne- appolnted 2211012025 Prlncipal address orlon Fras8r MacRob8rts, LLP, Solicitors, 9 Haymarket Square, EdInrgh EH3 8RY Recrultment and appointmont of Trustees All of lh& Trust's current trustees are appolnted ex officlo tjnder the Trust Deed. Govemlng document The Trust Is a charitable unineorrx)raled associallon and the purposes and adminlslration arrar)gemenls are sel out in a Twsl Disposllion and SettlenTrent by the late Alexand Hay Maclagan dated 2 December 1986. Charitsblo purposes The pvrposes. a5 re¢orded in the Trust Disposition and Settlem6nt, a lo bgnefit the Parish of Madderty, Perthshire. Specifically Ihe purposes include Ihe maintenance of thè Parish Church, gr2veyard, war memorial and Public H811 of Madderty, th8 provlslon ol addthonal educational, recrealional and other facilitles lor Ihe school In Madderty, the lLer ol vrtY and advancemethl ol the Communlly of Madderty. Actlvltlos and Achievèmants During the year the Trslee$ have given grants to Madderty Prlmary School, M8dderty Parent Council and Madderty Community A55oaalion. The Trust wlll continu8 to make grant8 in future years lor the benefit of th8 <x)mmunily. Rastrves 11 is the policy of the Tru5110 maintain unrestricted funds whir.h ar8 the free funds of the Trust al a18vel which promdes funds to g8nerate sufficient income lo covèr grants paid ar the adminislralion 8rEd suppf)It costs of the T¥usl. As a iesull of th8 d6ficit of £89.29212024'. suplus £54,325) for Ihe ar, the Trust held unrestrictEd lunds m8d8 up ol invostments, at market value ol £1,212,44012024'. £1.138,5251 and cash of £49,73712024'. £139.0291. Th8 level of reseTve3 held Is consldor8d necessary lo malntain the Trust's inv6Stment portfolio at a levd which will generate sufficient annual incom8 to fund future operations and to withstand any108s¢s arlslng fiom 8xposur8 to oquilie8. Th8 trustees considet that the general fund of £49,737 wlll enable them lo conllnue lo benefit the Parish of Maddprty. Approved by the Trustees and sign8d on behalf of all Twstees by'.- Frank Smith Councillor Frank Smitti (Trusteel 1310512026 Date
Independent Examlner's Report to the Trustees of the Alexahder Hay Maclagah Twst (Known as= A H Maclagan Trust for Maddertyl I reporl on the accounls of the cha¥lly for th8 ye&r ended 14 OclobÈr 2025 which are Sel out on pages 3- 5. Respective re$ponsihllltles of trustees and examlner The charlvs ttustees are r8sponslble lor the preparalion of the accounts in accordance th the lerms ol Ihg Charities dnd Trustee Inveslrn8nl Iscollandl Act 2005 and Ihe Chaiities A¢counl8 Iscollandl Regulallons 2006 la5 3mènd8dl. The charily'8 trustees consider that the audll r8quirement of Regulalion 10111 Idl of the 2006 Ac¢¢)vnts Regulallons does not apply. It 18 my responsibility to examlne the accounts as required undèr se¢lion 44111 Icl ol the Act and lo slats whether particular mdllèrs have Come to my atlentiDn. Ba51$ of Independent examlner's statement My examination is carried out In accordance with Regulation 11 of the Charili88 Accounts (Scollandl Regulatlons 2006. An examination includes a review of the a¢covntsng e0rdS kept by the charity and a comparison ol the 8ccounts presen18d with those r&cards. 11 also includes conslderalion of any unusual items or disc105ures in Ihe 8ccounts, and 8oeks explanHllons from the Irusioos concernlng any sutyli matters. The prOdureS unElertaken do not provido all the edence Ihal would be rÈquir8d In an audit. and consequently I do nol express 8n audit opinion on the vlew given by Ihe ac¢ounts. Independent examiner's Statement In th8 course of my examivbation. no matter has come to my allenlion whlch givgs rne reasoneble ¢ayse to believe thal in any material rgspect thè requlrements.. lo keep accounting reoords in accordance with SectiOWb 44111 lal of Ihe 2005 Acl and Regulation 4 of the 20U6 Accounts Re9ulations, and to prepare accounls which accord wth the accountlng records and comply wllh Regulation 9 of the 2006 AccoLinls Regulations have nol been met, or to which. in my opinlon. allenuon shoukl b8 drawn in ordgr to 8llable a proper understandillg ol the 8rLounts lo be reached. Mark T Edwards FCCA Mil¢hell Edwards Chartered Certsfied A¢¢ounlaftts 24A Ainslie Plac8 Edinburgh EH3 6AJ .Dale
Alexander Hay Maclagan Trust {Known as: A H Maclagan Trust for Maddortyl Rgcelpts and Paym&nts Account for the year ended 14 October 2025 Note5 2025 2024 Recelpts Income (rom investments Nel inveslmenl sales 37,604 40,841 161,798 Total 37,604 202,639 Payments Nèl investment costs Grdnls and donations Fee for inéependenl exaniinallon of account Brewln Dolphln - Portfolio management fees Morton Fraser MacRoberts . Adminislralion fees Morton Fraser MacRoberts - Investment management fees 17,555 93,279 780 8,202 7.080 129,355 720 8,619 5.820 3,800 Total 126,896 148,314 IDeficillJSurplLJS for year 89,292 54.325
Alexander Hay Maclagan Trust (Known as.. A H Maclagan Trust for Maddertyl Slatoment of Balances as at 14 O¢¢ober 2025 Notes 2025 2024 Bank and ca$lt In hand Opgning balanctss {DeficitVSurplus lor year 139,029 189,2921 84,704 54,325 Closlng balancos 49,737 139,029 Roserves Gen8r81 fU{S 49,737 139,029 Assets Itiveslments at market valu Debtors 1,212,440 1,138,525 1,575 1,212,688 1.140,100 Llabllltles 822 94,110 I funds arg vni85trl¢ted. Approved by th8 Trustees and signed on behalf of all Truslees by.. Frank Smith 1310512062 Councillor Frank Smith (Trusleel Date
Alexander Hay Maclagan Trust (Known as: A H Ma¢lagan Trust for Madderty} Notes on th8 Financlal Statements for the year ended 14 October 2025 2025 2024 l Grants and donatlons Madderty Prlmary School - grant for varlous activities and leaming resources Madderty Primary School - car park improvements, external door and playground alleralions Madderty Parent Council - help towards playground equipment Madderty Community Association- help towards solar panéls, internal lighls and EV charger Mid Slralhearn Parish Church 8.900 92.874 77.126 29.628 13.701 405 93,279 129.355 2025 2024 2 Deblors Dividends receivable 248 1,575 2025 2024 3 Liabilltles Independent Examination fees Administration fees Grant commitments 822 756 480 92,874 94,110 822 4 Transactlons wllh twstees and connected pvrsons Trustee5 do not receive remungrollon, expenses or other benefits from their work with the Trust,