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 st*nEnts dwity f¢J the y ended 31 Octs 2025. Chalfs reptyt The oJnmttt* is t1￿j to [r￿nt an acuurt of lJ*r ac*wiiEs 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 woL*m 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. p*nts a￿1 Visito￿ We aL￿ like to thank facl*Es Rola Irffflw. Glasgow Royal Infirmary Dorcas Charitsble Trust Trusieeg Arnual Rq)ort{Lzv*vx 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 R*wl 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{Lzv*vx Yw ended 31 Octotw X125 Registered charity nane Charfty regigff*ion nun*Jer ￿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 &c*tith 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 de*ated to the Tea rcom CCrfft￿ aFF(ints w tsu*ees e￿StIr￿j trustees uThJertake the i￿l￿n a￿1 of ￿ trfft￿. Objectlves arKI actmtles The oiiec*Ne 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{Lzv*vx 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 asses*d 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 as*ts {trE hekl by ts Tnjst ￿e Lyjilt up to a ￿v￿ the bustee5 d*m 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 u*d to m* rewts frcm wanls. Grant makkng F)olcy The bustees makes g￿ntS to ir￿￿ in within d￿￿S objthes Plans forfuture perbds d*m 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 Examir*Vs 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 Trust*s 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 ActNit*s Yw ended 31 Octotw X125 2025 1124 fiJTrts Total furmts T¢Jal Incon￿ a￿1 WKlownvts 365 395,948 othwtradirKJ ac*Nf(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 ac*MtES IW531) (35&531) (332,751) (214) (214) (204) {89.844) (8&844) (49,523) (44￿￿) (4K589} (382,478) Exte￿I￿re cn C*wrtab￿ 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 unirwxJ*J. p￿¢￿)a offre 6 Lknit 4. 16 Paraje. GIWN. G312ER statement of