2025-10-31-accounts

Glasgow Royal Infirmary Dorcas Charitable Trust Unaudited Financial Statements 31 October 2025

Glasgow Royal Infirmary Dorcas Charitsble Trust Fnancial stat&￿￿ts Yw ended 31 Octotw X125 Page Truste&s' annu4 r4MJt Nbtes to the fina￿￿ stateffl￿￿

Glasgow Royal Infirmary Dorcas Charitsble Trust Trusieeg Arnual Rq)ort Yw ended 31 Octotw X125 The trus&s present reFth a￿1 fi￿la1 stnEnts dwity f¢J the y ended 31 Octs 2025. Chalfs reptyt The oJnmttt is t1￿j to [r￿nt an acuurt of lJr acwiiEs frc#n 1st Nbvanter 2024 b 31st OctclH 2(r25. It i8 my Pymlege to p￿nt Anwal Rwt fcr Et￿ kniety cl Glaspw Royal lnffinr￿y, Over the p&t year, a￿SK 0￿ crI￿#j SUPF(rt patEnts. ttE h& m ￿ra1 imp)rtant irnpr(N￿nts to enh￿e LKTrlh facililEs a￿1 cc￿r￿ WKler ojnmunty l am p￿Sed to hKJhlight scme cl¢JJ key ackn￿￿￿ts. We L2u￿d a ￿￿>site, ￿￿K11r0 a a0￿Sib￿ piafomi to share historical irrfcffl￿￿n thrt the SccEty. Fron￿te ¢JJ ￿ a￿1 erw th SuP￿rt￿ This h help&1 raise ￿rer￿ imFrove CC￿￿￿[8t￿ wth nEntsr& (k>rus. arKI the wblic effcrts we akn to iTycwe te￿cK)n tsilitEs TIE T￿rrI)M was fulty rerAinted, creatro a brpJhtw tr£re WElcomiro ￿￿Ironrrent fiy al f( In athibcfft, a tlTryough deep pat￿nts, vi%ttcrs. aTrJ vdunt fe&lbad( fcffl￿ h￿e akeaty pr￿ vahJaL in gattErirKJ insvJhts aThJ SLvJgestB￿. These Duriro the yw, a woLm w& Trjtted with CDSt ccde ryjntss that ￿ere LEirKJ used by tl) for the prcwiwn of ttems for ttE Wdrds a￿1 (ty£th￿ntS This has LEen rex>W by the hwd wJk of JackE Wright a￿1 LynrE Cats LyTrE has taken on ts ￿6t cf Rquests (a new txstN)n) A devehjpT￿ h￿e achEved I￿a￿S lo d￿1￿2￿ aTrJ hard of our vdUnt￿rs, )se C4JnmttsTEnt ccrtlrv￿ to LE ttE lEck￿ d IIE knEty. l &xterKI my thanks to eV￿y(Me cCrtribLrt￿J tine ￿ effcrt IlYcwlKut y￿r We remain gratefijl f￿ ttE h¥d a￿1 of Tirra Par￿£1 arKJ Teamm staff The Two(xm o)ntinLES to FKDVKJe ￿ excelknt ￿ aff￿d&)￿ Se￿￿e to aff. pnts a￿1 Visito￿ We aL￿ like to thank facl*Es Rola Irffflw.

Glasgow Royal Infirmary Dorcas Charitsble Trust Trusieeg Arnual Rq)ort{Lzvvx Yw ended 31 Octotw X125 We th￿k Maureen Gardiner a￿1 mil￿ fu di1VJ￿ in re&cckirvJ dJthirKJ rojm ￿￿j Ma(ir￿j tt avail&)le & a 241w res￿￿ to ts Iwiial Th￿k& nyjst also ￿ to Annette maC[￿all for her help wtth the pc6t of char T￿kS due to L￿lse ￿ cf Gikw Smiih fcf hw &vJ help with volunteer4un chaiity a￿j to Rwl Snith. cu admnistratm &sistant As aFEaJ, wll bAJ cn this yeats rffcgess, o￿tI￿j1rrj to enhar￿ our f&ilities, strtyn erwment, aTrJ uphc+J cur mi&sTh of tKcviJir#J ¢xmfcrt ar¥J care to tIKEe within the Iw)ital In ￿?￿r￿J. I w)ukJ like to al martErs, vcth￿. arKI staff for their orgirYJ SUFPJt ded￿t￿)n. It k% a prN* to be as￿ated Et(c& W. y￿rS &￿rdy, Christine TrkMun3y 11612026

Glasgow Royal Infirmary Dorcas Charitsble Trust Trusieeg Arnual Rq)ort{Lzvvx Yw ended 31 Octotw X125 Registered charity nane Charfty regigffion nunJer ￿37876 prtnclpal offlce Lht4 16 Par Gla9PW G312ER . C￿.Char . A M%tkThgall. v￿ Char .LCa .S R G GilF2s . S (>ethTrJh . M Gardner . J WrYJht 6 Cmil IrKlewKlent examlner Ajiwi Ewne. C A TC ACCOJnt￿ ￿ E￿in￿ Nthsnrs 180stvi￿Str Gk9J On 6 Sq)tanber 2016 ts th￿lty c[rw￿d to a &ctith c￿lt)1e Organisai)n Prevbx￿ty Tnjst ￿ 9￿e￿￿ by a T￿￿ EÉgJ dat8J 8 Fthwy 2(￿7 ￿ was r83ister￿1 as a ch¥ty on 1 March 2007 GIWN Royal Irffinmary tt¥c& Clwitth Trust {CIBity SO)37876) was sd up the Uninco￿?rat￿J a&￿(latTh tkrc& s￿ in c[n￿t￿n wth the Glw R￿al Infinnary (Charity nUm￿r. SQ)c￿794} tr1￿ has similar ams to the unirmFortsl uganisatBJn a￿1 the commtttee manLErs th￿teeS ofttE The trustees tskes al C￿￿£m1r0 ts Tr￿ Darf to ty mwnEnt cfthe Tea mm is deated to the Tea rcom CCrfft￿ aFF(ints w tsuees e￿StIr￿j trustees uThJertake the i￿l￿n a￿1 of ￿ trfft￿. Objectlves arKI actmtles The oiiecNe of the O￿t IS to fcff ccmfcrt ar¥J ￿e1[￿e cl patEntS ￿Kj ex-patients iTrlwKJualty collec*Ndy withn or GW Irf￿ ￿ their families wlh)Lrt distinct￿ crf creed Fora fiJll revEw ofts Fkne Chai¥ ReF(rt

Glasgow Royal Infirmary Dorcas Charitsble Trust Trusieeg Arnual Rq)ort{Lzvvx Yw ended 31 Octotw X125 Fnancial review The deficAt fcr the Y￿ LEfcKe gar6 ￿ £49.846 {3)24: surF4us £130￿) after grants cl dot￿ toiÈtss ￿ £77,1￿ 12024: £34fi51} Mere This yew ts T￿st retJJtsJ investment gains of £8,715 (2024: £8.83n giwirrJ a ￿ll ￿ £41.131 (2024: ￿J￿IUS £22.673) whth The prir￿lpal cl fcf ts ttwity 15 ts Ma)el ￿￿KIn1aY Tearcom Ir￿me arvj Investment Policy Perforn The investrnent Ly ttE Tnts is to a(bFt a k￿lM￿lIuM rtsk inve5thEnt stra based cn maximigro imnejwita martet vath of i￿stments has ir¥Jeased by 1tp/. o)mp¥ed to ￿ ima of last ya Risk manageM￿rt The trustees h￿e assesd rtrths to Tnjst is ex￿. in rekt8J to the aTrJ finar￿S of tFE T￿￿. th are Satis￿ that Wems are in pLace to mitpJate exwsure to these r Reswves Pollcy and FU￿re PLW The thjths have a Fx)Icy UrKestiKI￿ furfs ￿ ccmmitt&l ￿ in￿ted in taroiÈ fLxed asts {trE hekl by ts Tnjst ￿e Lyjilt up to a ￿v￿ the bustee5 dm to iE 0)p￿1)late to ts TnEt's cYcurrEIar￿S At 31 Octber 20￿ the ftBe ￿NeS ofthe bust £152,￿11 (2(724'.£1772&5} re￿v￿ of IIE Trust will to us&1 fcf S￿la1 pThisi and will also be ud to m rewts frcm wanls. Grant makkng F)olcy The bustees makes g￿ntS to ir￿￿ in within d￿￿S objthes Plans forfuture perbds dm aptrcpriate The ValUath￿ cl the irNesbThrts ￿1c￿ stcoj at £91.6)8 at 31 ￿25 ￿e rv)N valugj at £92,349 at 30 Apil l) I￿lep&￿Ient E￿Miner A r￿￿ut￿)n pr(p￿ir0 AJI1&￿ C.A to be r&FF(ffit&J as Ir￿ E%2minw b the dwty wll Èe wrt at a General m￿tir0 11612026 STr3mJ cn l￿￿lf of Mrs. C Ithmuriay - Chg

Glasgow Royal Infirmary Dorcas Charitsble Trust IrKlewKlent ExamirVs Report to the Trustees of Glasgowlknsd knfimiary tknrcas Chaitable TNst Yw ended 31 Octotw 2025 I rerxjt cn the fin￿￿1 Staten￿ oftlE T￿￿t fcr e￿ 31 2025. vthith are t ￿t on pages 6 to 24 Re5￿CtIVe resp(￿1b11I1IeS of Trusts arml Exan1￿r The TnJSt￿S are tEswngL ts tre prvattt￿ crf trE fIrEr￿1￿ staenths in a)ThI￿ wih the tenTE of the ￿￿tit￿ a￿j T￿￿tee Irwesbnert (kniknj) 2CK)5 a￿1 the Charities Ao))unts (Scxknj) R8JukqthTts 20Cfj T￿￿teeS C￿S￿ler that audit wuirement of R&Julaticn 1CX1)(aF(c) ofthe ChaiitEs {kntlaTrJ} R￿lat￿nS 3x6 Its apt It is my reSt￿tsibi1ty to examne f￿a￿la7 Stat8￿nIS ur¥Jer sthin 44(1 Xc) of the me to my attertt Basis of IrKlepen(nt Exanineffs statarnrrt My exaninatTh E carried lxrt in accc((kr￿ vAth 11 of CharitE5 Anx￿nts (SoJtl&Thl) R￿UlationS 20C6 An exami￿￿￿￿ ithks a revEW of IFE ac(￿Jntir￿j r8x>rds kq)t by the dHty ail of any unusual ttems cr dithuES n tre firwcBI State￿ents. arKI ￿thir￿j exrAanaticffts f￿n the trustees CJ￿￿lr￿j any nkn Tre (b nd P￿de al the th wcukj Èe r￿Uired in an aJJrt l (b wr&s ￿ a￿lIt cpintn on the VEW given by In the ccurEe of my examiTrgtrn, rD hgs to my att￿tic￿ 1 gwes me reascrkabb caLEeto LEIEve that n any Mat￿la1 rewl wuirements: . to keep acc£untiTrJ in accc￿tsr￿ wth 44(1Xa) cf t￿ i￿alitieS Twstee Regulat￿6 20C6, . to rye￿re fin￿L91 Stat&￿tS acoyd wth ttE aox>untiTrJ r￿dS aTrJ o)mpty with Regulat￿ 8 crf trE CFoiitEs knnts (sc￿￿￿) RegulatKns 2([6 have been me( cr 2 to in my cpin￿￿, teritTh shJJJ be in c￿(￿r to enal a prw urKlerst&vJirYJ of the Alison t￿ine, CA lTrJepeTrJent Examirer TC G￿lp leo st Win￿nt gre G2 SSG 91612026

Glasgow Royal Infirmary Dorcas Charitsble Trust Statement of Financial ActNits Yw ended 31 Octotw X125 2025 1124 fiJTrts Total furmts T¢Jal Incon￿ a￿1 WKlownvts 365 395,948 othwtradirKJ acNf(Es Invesbment income 3￿.139 3&139 Total income .743 3¥743 396,314 Expwdlture EXtend￿re cn ￿L￿r￿j fu￿ts: Costs of otFErtradirKJ acMtES IW531) (35&531) (332,751) (214) (214) (204) {89.844) (8&844) (49,523) (44￿￿) (4K589} (382,478) Exte￿I￿re cn Cwrtab￿ actwi Total eX￿dI￿re &9 Nd gains on investhEnts 12 &715 &715 8,837 (41.131) (41,131) 22,673 R￿￿cl￿at￿n offurKIs Total fuThts brcAKJhtfcn￿ard Total ￿ndS carri&l forYA 255.923 25&923 214.792 2147W2 233250 255,923 The Stat￿nt offir￿￿1 adNrtses an garis aTKJ r8xgnwJ in the

Glasgow Royal Infirmary Dorcas Charitsble Trust Statement of Financial Position 31 OctotAr 2025 2025 24 Fixed assets Irrt￿@ib￿ assets Taroible InvthEnts 19 &2fA) 57.091 91.￿ 153,899 78,558 161,504 Stc Z410 Cash at bank and in ha￿1 123.370 127A23 128,517 132,559 Credtors: aTh)urrts fallkng due￿ one 38,140 94,419 255,923 255,923 6Q893 2147W2 214792 Total assets less (￿￿ent IMbOti8S Funds ofthe Ch￿Tty UnreStr￿ed fuThts 2147W2 214792 255,923 255,923 Total chartty furKIs 1161202 Mrs C Char A Macctwal. Chair T￿￿t

Glasgow Royal Infirmary Dorcas Charitsble Trust &)tes to the FIn￿c￿l Staien Yw ended 31 Octotw X125 General infomiation The charty is a and a ￿lSter￿1 dHty in Scotl¥KI &KI is unirwxJJ. p￿¢￿)a offre 6 Lknit 4. 16 Paraje. GIWN. G312ER statement of <XxnpIar￿e [h)￿Ment, the chalt￿ and T￿￿tee Irwestrnent (Scotland) 2([6, the I)￿1711eS A0￿Unts (so￿￿1) R9JUlat￿)nS 3x6, FRS 1￿ Tr FI￿￿1 ReFthirKJ Startsd applicab￿ in the UK R4)Ubl￿ of Itpknf ￿ ttE ChaiitEs S(JiP 'An￿ntir￿j ￿ Rwrting by Charit￿. Statanent of R￿rnMe￿￿d Pr%JKe aFpIK3L to ch¥itEs pwiro their aCts￿nts in ax￿d￿ wtth Fi￿la1 ReFxJliro Sta￿d ￿plIC3l in in ts UK arKI RepuLlic d IrdaThJ (FRS 1172)" Tr dHrity 6 a Be￿rt Entity as FRS 102. The chartty has tsk￿ a(fvar crf the tfOVtsKf6 n tIE ￿RP fc dEritEs ID P￿p￿e a Accountkng pokles ValUath￿ d ￿rtain ￿na￿la1 assets aTrJ latm11t￿ ￿ invesbnent txo[P￿S measur8J at fair value throLuh Inc0t￿ or eXtE￿litlYe. The ffi￿￿al Stat￿nts are wetk¥ed n aerfiro. cuw clthe entty. Golng Cr￿Cern man vkle knr fcYeswt fubJ The ValUatic￿ crf ts inVestm￿rtS stc(d at £91.8)8 at 31 Odoter ￿25 are rv)N valu￿1 at £92.349 at 30 Ayil 2026. Ju(Jemts arKI key sources rfestiMI￿ urtertanty ccr((inualty rev￿￿ th ￿e L£sed cn eX[￿rEr￿ falu5. iThJLKliro expeclatB Inccffie tax The is a r9Jist￿l ScottEh QErity ar¥J 15 lial to Unii8J KiruJ¢Jn CapJati Tax u Capttal Garts Tax on its tharttat acMtEs.

Glasgow Royal Infirmary Dorcas Charitsble Trust Yw ended 31 Octotw X125 Accountvig pokies F￿d aCCo￿tir￿j unrestric￿ fU￿ts are awalaL fcr ￿ a discrknn of InJsiee5 ID fijrther cl the Restricted fij￿ts ae SLi1￿d to r￿trthfftS cn IJEr experKlthre d&Jared ty the d¢JvJ or through the twms cl an aFrEa, a￿1 fall nto ￿ of 9thFcIa￿. inojme furvjs Incoming resources tBssed to trE chari￿, rt E FKcb&Tr￿ trgt tre e(￿(￿￿ ￿fftS as￿lated wth the tran￿t 1111ow to trE ctwtty ttre atTount re1￿Y nEa9￿ TIE folk)wirvJ tjjicies JtAEd to patruL¥ Cae9￿ cfj ir(U￿. grft, i% FroiMi th its measjr￿j ￿lIaLty inccre frcm (knnat&J g¢)yJs is at fair value cf t￿ gc£xts unÈss this is im[racl￿ to tTeagJe reld)ty. n vaue 6 dew&l from t￿ O￿t to the dcThJ J rf tre Va￿ can LE relgLty anDJnts indLMJed for the c0ntr1bLrt￿ crf vc4Jntws clwtty le￿1 the tearccffl frcTh W)ita cOr￿KJerknn cl £1 Thi8 is dty realii Ma￿et Wal￿ Pbhwer. T￿￿ are unaL4e to c)tain a realistic mkd value ar ￿sed, as trEy are ￿ a c£fftwcHI venbJe arKI I￿￿k1 te charged the rai fcf dutty a￿1 Ir￿￿ frcm fij￿IralSlrwj events a￿1 is recoJnis&l the ctsty has entrtÈtTent totr￿f￿ it 6 tKciL tIEt t1￿ LE the am￿nts can be M￿ured rdiaLty

Glasgow Royal Infirmary Dorcas Charitsble Trust Yw ended 31 Octotw X125 Accountvig pokies Resources expend EX￿jrbJre is rec£KJnFAI cn basis as a IEixlty is irwr&J Ex[￿J￿re indLKles ary VAT be fjjty r￿ver￿1, is cla&siW ur¥r healings of the statement cl fin￿la1 to ￿Nch t r1￿. 8XFeThJtbJre C￿ raFaro ithÈs t1￿ o￿tS cl all fiJrKJrasirvJ thitEs, Th)TrcharttaL th1t￿, ￿ IIE Sa￿ ofthnat&J ￿ls. exFETrj[￿re on th1t￿ ithÈs ai c£6Ls Ir￿rr&I by a ch￿lty in uM1￿￿kir t￿ttES that fjJfthEr tts charitaL al￿ts of its L￿1￿1 i￿IlKI1r￿J tk i)ort c￿sts a￿1 cc6ts re￿t￿ to ts 9)veff£Th￿ cf ts thwity atwrtK)ned to d￿ritab eXp￿t￿re al ex[￿lIt￿e tr£t E relthl to TrisirvJ funds for the dvty ror part of ts WETrJitiJe cn chaiitaL thlt AJI O￿ts ￿ alk)ca￿l to eX￿lIt￿e cat8JfEs rdI8￿1rrfJ the use cf the resojrce Direct costs attriixrta)le to a ￿ThJIe thty are at(ated dyecty to Ihat thty Shar8J we atpjti Grarrts tByable are ma(È to thrd in dEr11ab￿ oLiects The a OF a grarrt E recxyJnEed & a l£LMty uiteria for a ccnstsufft oLliJatKn me( tByrrEnt E troL£Lle, tt be reldty ￿ t￿e ae m cmlibcns atlthirKJ to its tByTrEnt that limit recc(Ji In crf ￿ u￿￿11[￿￿ ￿ Ofv. th6 is acc1￿ c￿e ts ￿l[lent has ￿en rotifEd of grant awdrd ￿￿tr￿at1￿ gives tre recipi￿ a re&cnaL that they will eive cr n¥￿Yr fft G￿t ae Subj￿ to the rairAent fuifilliThJ rfcrnnce o)rKJiC￿nS ae IIE recipient rK)trfEd of the grant aryj mainiro unfjjfi1￿1 ¢mJitTh attathiro to that ￿ is cthsKJe clttE cc**rd ofthe d￿rity. Support cctsts Sutport are iTr)JTed S￿M￿￿j tIE chglivs thrtES ￿ iThJLKle extEnditiJre &s￿l￿d W[￿ admini4the a￿1 firor(2f￿th. 9Jt4Krt HR. srveman Govern￿ce costs SORP) compiise all costs irwthiro ttE aC￿￿JntaLX1ty cl the charity ￿¥j IL8 c¢Jnpliw￿e wtth r8Julat￿)n ￿ gxd costs ithle relat￿￿ to o)nst￿l￿￿ stabjtory requi￿trEnts. extemal (a￿11[ ￿ irtyrKlent e%2mInaB￿), straegic managem￿. aThJ otFEr wclessKfftal fees. -10-

Glasgow Royal Infirmary Dorcas Charitsble Trust &)tes to the FIn￿CIal statem￿(￿z¥￿￿ Yw ended 31 Octotw X125 Accountvig pokies Intan￿le assets IrrtaroiL are reC£￿(d a c£61, ￿ &e Sts￿nty slat&l a [￿t ary aTl￿nts, ￿ recorded at trEfar Va￿ at date of rwauatKsn, as dnMI￿j by refer￿ imtAinnent Intaroiue assets Flat ￿a b￿1r￿sS ccrtMnakn ae cyty rwJJniwJ Se[￿r￿ety from 9)xknll kn they from c£ntrthl ¢J C￿ legal rKJhts. ae F8ra)le. exFect8J fijbjre )rn￿ Èeneffts are prcble a￿1 ttE O￿t C￿ wa￿ czn ￿ n￿aSur￿l relia Amortisation Arncrti￿tTh E cakulated ￿ asto c£6t cl ts estimat&1 resKlua value, the useful lrfe ￿ tFot asset asfcIb￿. Wetsite /0 Strabjht Ire If the￿ i% ￿ i￿j1cakn that I￿￿e has a S¥JnIf￿ in anKrtitTh rae, use￿1 life or sKJua vaue cl an IthJb￿ a￿t, i% revwj prcSr￿ety to rdlecl the new Taryible assets TarKJiÈ as are initdy r￿[d a cc6L th Stt)s￿nty slataj at less a axumulated depreckatrn a￿1 iiparnth tar¥Jib￿ assds Ca￿l&j at revaued nts ￿ recorded at ts far vath at ts dae cf rEvaluatr)n any subwuent An ir(￿se in OE can￿￿ anKxrt ¢Y a regjlt of a revahjattn. is reo)Jnised in other ni%&J gair6 aTrJ tsses. ￿￿sS it rev￿5 a ¢k7rge fcr impaimEnt that has preVx￿1Y LEen ni￿j as eX￿J[ts￿e within OFfi￿la1 thities A d8Jease in Ihe ￿YIng I￿nt of ￿ asset as a re9Jlt cl rev￿￿, s reccgnis&l in otlEr wniwj gains and k 8xcq)t to tt offsets any previuts r6vahJatDn gain. in k6s is within Deweciatic DeFYeC￿t￿n i% cakulated so as to ￿lte dr tre ¢￿t ￿ ￿d￿jat￿n of ￿ asset. less its re5Klual value, w trE ec£mmr liÈ oftrd a￿ as 10/0 slrabjht 20/0 slrabjht lir Fumtbjre & EquipMt Unlist&l equty Ir￿st￿￿ are inftiaty at ¢X6t. arKJ sth￿Enty Measu￿ a fair value Iffair Val￿ can￿ be reliaLty are meagJr&l at o) impBimEnt List&l invesbments are at far vath in fair ￿dIue LEirKJ reo)3ni*d in inccme or extEndttire. 11

Glasgow Royal Infirmary Dorcas Charitsble Trust Yw ended 31 Octotw X125 Accountvig pokies Impaimient of fix￿ assets A revEW fcr I￿licatc1S of iipaiiErt 6 Cmjt at th rqthirKJ dale. with the reLtwaLle aTl￿nt beiro estima￿ tse exist Where the caryir¥J value 8xwls the al￿Jnt, is iwfiir￿l ac££￿d￿￿jty. impalm￿S &e a19J for P)s￿b￿ at rermjttiro date aTl￿nt d an assd, an &timate is nEde cl the r￿c￿aLle anYJunt of the caslFgwatiro uni( to ttE asset ￿l￿gEneratir￿j unit is trE smallest KlenttfiaLle grryjp of asts that arKI gwates ¢2sh inll)ths that 1Thjep￿ent c3th frcffl clJEr c( WIF6 ofas￿. Fcr impamEr(( tstiro crf g)Jhvil. tIE gXKhMII acwir&J in a busirEss ccnLxnat¥)n is, fran the UEttTh date, afrt)cated to cf IFE caslwatirwJ units that Je ￿ io benefft frcm the SYr￿gieS of ttE c£¢rtHnatTh, iTesFECtive C￿￿ttEr clw assds or li&)ilities of the charity spJned to thc6e ￿lts Sknks are of c£6t aTrJ estinat8J sellirKJ less to cc¥ntJ ￿¥j Debtors PreFoyments ae vabA at FreFeKI ats takirvJ a)xJnt cl ary discojnts due Cash at bank in harnl Cath at LBnk ha￿1 cath and t￿M hiJhty IKIUKJ inve5bnents wih a Krt mabjrty ￿ t1￿ cr kn frc#n tre d cf acwisittn or otEniTrJ d tIE d￿￿t milar acccunt Crndiiors and pThisi)ns Cr&1[t￿S a￿1 pr(￿￿￿Tr$ are recEI￿rA1 vA￿e ts dHity ￿ a Fres￿t cl)IvJaBJn ￿sU111r￿J from a p&t everrt that prcbabty n ttE of fu￿ts to a thiNI rfity arvj the aTh￿rrt due to settle the 0￿￿Jat￿ ￿ be eirThaÈd ￿1￿ll￿ fjeditors arvj rrovisBTh we nnally recrgnksed at tFEr settknth anKMJnt ateraknirvJ fcf any traje di9)Junts due. LeaslrwJ Rentals pay3tle cwatirg are against irmne on a sbavJht lirE b￿lS over Financial instruments The chartty only IHS asts ￿ fina￿la1 liaLMIitEs cl a knrKJ tha qualify & basic ffin￿al instruments fi￿la1 ae initialty re￿Jn1d at transal1￿ value ￿￿j suwuw M￿sUred at ttE canyirvJ va￿ phjs acc3￿1 I￿￿eSt less r•s. The ffin￿r@ ckgrge to eXte￿Il￿e 6 at a c£fig2nt cakjjlthl usiThJ effectwe inter -12-

Glasgow Royal Infirmary Dorcas Charitsble Trust Yw ended 31 Octotw X125 Accountvig pokies Defin￿ c￿rtr1t￿rt1{￿ plans Corrtritxrt￿s to ¢xfrtrb￿ t￿rG are rec£gniwJ & an eXtEr￿ in tIE in vthth that tretAy7TEnt wil to a fiJbJe P￿￿ntS cr a rduTrJ. When ccfitribLrt￿rts ae mt eX[￿ted to LE sat￿1 wthin 12 ￿£￿th5 d the erKI d the FJtiro date in related savTr. IkiLxlty is M￿U￿j on a disCoJnt￿j Fresent th LKqsis cl discojnt is r8X¥Jni￿1 as ￿ exFense in the in tt arEes Donatsns ￿d1￿Jac18S U￿￿trthd Total F￿dS Un￿trIc￿j Tdal Funds F￿lS 2025 FU￿ts )24 Donath?ns DonaticrE 365 Other tralirwJ xtsvities Total F￿dS un￿trIct￿l Tcal FuThts 2025 FU￿ts 24 F￿lS 139 3￿,948 395,948 Invesknwrt Inccme u￿￿trthd Total F￿Hts Unrestiictsj Tdal FU￿ts FU￿ts 2￿25 FurKIs )24 U￿trI￿1 Total F￿dS Unrestiic￿1 Tc*al Funds F￿¥￿S 2025 FurKIs 2)24 214 214 -13-

Glasgow Royal Infirmary Dorcas Charitsble Trust Yw ended 31 Octotw X125 Ur￿￿trI￿1 Total Flnds UnrestiTI Tcal FUTh 2￿25 FurKIs )24 Equipment & grants to Rwal InfThwry. NHS Gwtw Glagww Chthiro . th)￿S Rcc¢n 42.￿ 4Z588 727 33,755 33,755 896 14,872 49,523 Sutp)rt O￿ts 12,￿2 1Z682 .&M 4844 14F72 49523 Grant fiJ￿￿r￿j cf ac1wit￿ &JppJi c(6ts Tolal fvrKls Tota fijnd 2025 2)24 Equipment & grants to Rwal Inf•mary. NHS Gwtw Gla9))W Clcthiro . Rcon Ho￿￿leSS Liai 3&727 33,755 8% 14,872 49,523 12.682 12fi82 11682 8$844 7T.162 10. Analysls of suNx)rt costs Total 2025 Tcal 2U24 9,757 5,115 14B72 757 4115 14872 9,757 5,115 14,872 ALhJttorfe 11. Analysls of g￿ts 2025 2)24 Grants to instituti( Glaw Roya Infinnary Sccial Wcrk ￿rtn￿t ChthirrfJ . Dorcas Rcom 31727 33,755 8% 77.162 77,162 34,651 34,851 Tcal grants -14-

Glasgow Royal Infirmary Dorcas Charitsble Trust Yw ended 31 Octotw X125 12 Net gains on inveslments Ur￿￿trI￿1 Total Flnds UnrestiTI Tcal FUTh 2￿25 FurKIs )24 8.715 715 8.837 8,&37 11 Net {exP￿(stU￿)r￿cCrn& Net (eX[E￿I((Urey￿e 6 after C1wg￿(Cr&I1ts￿). 2025 )24 1.3(Xl 21167 DeWe￿at￿)n of &s&s 23,￿5 141 Audltor5 rwwrvati 2025 1124 Fees payable tsthe aujit cf ￿r￿a￿la7 staenErts 5,115 1& Independgnt ejaninakn fees 2025 1124 F￿S payable to the I￿petht examiw fc(: 1& Staff costs 2025 2)24 Wages aTrJ saa S)Ckql seujrty costs EmFth)yer conti7bLrt￿￿ to tkn 119244 1.994 103A51 110 1,342 104,903 122.843 The averaJe tr￿ad count cl enW)yees dJrirrJ 7 (￿24.. 7) The avew numter cl fulktime equNaknt ar￿4)YeeS (kni ttE yea is as fc4bths: 2025 No. )24 Numbw of aff receNed a￿)Yee ￿fftS of than ffj).¢)J) thjring the (1124.. Nil) Key Kanagem￿l Personnel -15-

Glasgow Royal Infirmary Dorcas Charitsble Trust Yw ended 31 Octotw X125 1& Staff costs Key marwtThnt Fersml al p￿SCr6 that hwe aJt1￿rity arKI re¥xJnsiLxlty for tAanniro, directirKJ ￿ ccntrcllrg tre aclivf(es crftrE TrE tcta ￿Mp￿)Sat￿)n pawj to key management petxjnnei for tKcvKkd to ttBrity ￿ ￿).&￿6 (2U24:£28.3&8) 1& Trdnsfers between ftvKIs The Ces￿Jnated Fix&J knt was set up lo alt( wthin resaves ￿ an￿Urrt equal to the net bock value crf charitys ft<&J &sas as in ttE cpinKn cf truS￿S th￿ are nc di4ribLrtaLle asts In Y￿ e￿ 311knthr 3)24 a trartsfer cf £1.995 fnjn the Genera FuThl to Fixed A%s& F￿J. 19 Intan￿)le assets web￿te Cost 6,500 6,500 At 31 OctrAJer 2025 Amortlsatlon ch￿ forthe ye At 31 October 2025 1,300 1,300 CaThying am(xvrt At 31 October 2025 5,200 At 31 Cr*oLEr l)24 -16-

Glasgow Royal Infirmary Dorcas Charitsble Trust Yw ended 31 Octotw X125 2Q Taruible assets L&KI and bjldings E(wi[J￿t Cost At 1 2￿4 Athjtth 24212 1,7 25.912 Z52,538 1,700 234238 At 31 OctrAJer 2025 3￿.326 Deweciatic At 1 NOv￿ber 2CQ4 ch￿ fortrE y At 31 Octr)ber 2025 135,412 20B33 1￿.245 18568 2.334 20.9)2 153,980 23,167 177.147 Canying amtxvrt At 31 October 2025 52.081 72.914 5.010 57,(P31 78,$58 At 31 Cr*oLEr l)24 21. Inveslments Listed inVes1m￿ts Cost orvaluatlon At 1 M)vanber 2(r24 Addtth Disp?￿lS Fairvalue mvemerts (53) 8,715 91,608 At 31 OctrAJer 2025 Impalmi￿1 At 1 November 2024 aKI 31 October2025 Carying amtxvrt At 31 October 2025 91,608 At 31 Ctknter lJ24 AJI invesbnents SI￿ atDve are atvaluat Flnanclal assets held at falrvak 2Z Stocks 2025 J24 1410 -17-

Glasgow Royal Infirmary Dorcas Charitsble Trust Yw ended 31 Octotw X125 Debtors 2025 24 24 Crnditors: an￿Unts tdlliru duèwithin one y 2025 24 Tr&k cTrJitors 17.544 3&625 947 16,117 9,591 9,￿3 2,￿)5 244 Sockil securty a￿1 otfErtaxes (l)I￿Jat￿nS fInar￿ *ses ￿ hre ccntrals 414 6Q530 38,140 25. Flnance I￿S and h1￿ wrchase contrd as fdhm: 2025 )24 N4)t 1 y￿r 2,￿)5 Defin&l CCthlxrtl¢￿ plans The a￿￿xjnt rwnEed or extETrJiiwe in relati￿ to defined (cfitiibLrth￿ tAarts ￿as £1,￿ (2024: £1.342) -18-

Glasgow Royal Infirmary Dorcas Charitsble Trust Yw ended 31 Octotw X125 Unrestricted fvrxls Gains aTrJ 31 Oct 21r25 General funds FiX￿j I￿Set FuTrJ 177,365 ￿.743 {422.122) 78￿58 (24,467) 255,923 ￿.743 {446.$99) {8.2￿) 8,715 152,501 62291 214,792 8,715 Gains aThJ General funds FiX￿j I￿Set FuTrJ 133,382 ,314 {￿,173) (23,￿5) 233,2XI ￿,314 1382.478) {1,995) 8,837 177,365 78,￿8 255,923 8,837 FiX￿j FuTrJ - Tr Ftxed A8set F￿1 was sd up to alktate within ￿NeS ual to ts nd k￿k of trE ttuivs fiK8J a￿tS as in ts cpinKn cf the bustee these ¥e Th)n di%trityJtle as un￿trIc￿j Total Funds FurKJs 2025 TarKJii tsed assets 62291 91,608 127,423 {66,53)) 214,7￿2 62￿1 91,608 127N23 (66,530) 214,792 CuThent assets cr￿J[tC￿S ￿ trsan 1 ye Net assets UnreStiic￿j Tcal Funds FurKJs )24 TarKJitrAe ￿ed assets 78,558 82.946 132,559 (38.140) 78,￿8 82, 132,559 (38,140) CurTent asts Cr&JitcfS ￿ ttban 1 y Cr&lttcrs greater tf4an 1 y Net assets 2S5,923 255,923 -19-

Glasgow Royal Infirmary Dorcas Charitsble Trust Yw ended 31 Octotw X125 2& Cl)erdting lease comnitirnnts 2025 )24 1 y￿r 428 Related p&Oes No membw of the commtttee r￿ed r￿r￿rat￿ cr reImbJrsem￿tt d exP￿e5 durirKJ the in their ca￿￿ty & cOn￿ltt￿ nHTiErs No clJEr transthns wth reLated tArtES ￿Ere uTrJert*en as ￿e to be digknl ￿￿C￿llES SORP (FRS 102)