Docusign Envelope ID: DF3AB3F9-265D-4734-8197-BD56D20769B6 

**Charity Number SC043357** 

## **THE TABHAIR CHARITABLE TRUST** 

**TRUSTEES’ ANNUAL REPORT AND FINANCIAL STATEMENTS** 

**FOR THE YEAR ENDED 30 SEPTEMBER 2025** 




Docusign Envelope ID: DF3AB3F9-265D-4734-8197-BD56D20769B6 

## **THE TABHAIR CHARITABLE TRUST** 

## **YEAR ENDED 30 SEPTEMBER 2025** 

|**Contents**|**Pages**|
|---|---|
|Trustees’ Annual Report|**1 to 4**|
|Independent Examiner’s Report|**5**|
|Statement of Financial Activities|**6**|
|Balance Sheet|**7**|
|Notes to the Financial Statements|**8 to 13**|





Docusign Envelope ID: DF3AB3F9-265D-4734-8197-BD56D20769B6 

## **THE TABHAIR CHARITABLE TRUST** 

## **TRUSTEES’ REPORT** 

## **YEAR ENDED 30 SEPTEMBER 2025** 

The trustees have pleasure in submitting their annual report and financial statements for the year ended 30 September 2025. 

## **Objectives and Activities** 

The trustees have power to pay or apply the income and capital of the charity to or for such charitable purposes as the trustees shall think fit. 

The Tabhair Trust was established to support small to medium sized charities across the UK and Ireland whose work focuses on transforming communities and restoring lives through education, training and personal advancement. 

During the year under review, the Trust continued to uphold its mission by awarding grants — typically between £500 and £5,000 — to organisations whose work delivers employment opportunities and social wellbeing for disadvantaged or disengaged individuals. 

We are proud to have supported a wide and diverse array of charities, including but not limited to: Regenerate, The Workshop Aberfeldy, Project COLT and many others. Through these partnerships the Trust has contributed towards projects tackling poverty, youth disengagement, educational disadvantage, homelessness, mental health, employability and community-building. 

By supporting core costs as well as project-specific funding, Tabhair has enabled these charities to deliver vital services, sustain operations, and expand their reach. For instance, through funding to Regenerate, we contributed to the growth of a social-enterprise as it expanded its operations to include a coffee shop, broadening opportunities to train and employ young people, helping them gain workplace skills and look towards future possibilities. 

Looking ahead, the trustees remain committed to maintaining a rigorous grant-making process, supporting impactful charities, and monitoring outcomes — ensuring that the Tabhair Trust continues to make a meaningful difference in the lives of many across the UK and Ireland. 

## **Grant making policy** 

The trustees intend to maintain a policy during the ensuing year of providing grants for the purposes and objectives listed above. 

The charity invites applications for grants from other charitable and voluntary organisations by advertising on the charity’s website www.tabhair.org.uk 

## **Achievements and Performance** 

During the grant giving year, the trustees have continued to fulfil contracts with charities in different sectors and regions to assist in ensuring that our grant giving is as effective as possible. Awards totalling £90,000 (2024: £40,000) were made during the year. 

## **Financial Review** 

During the year, the Trust's incoming resources amounted to £81,906 (2024: £80,638). Resources expended in the year amounted to £100,049 (2024: £52,117) and were mainly charitable payments made out to various charities. The General Funds carried forward are £1,392,798 (2024: £1,410,941). The funds are unrestricted. 

## **Investment policy** 

The trustees have wide investment powers to invest the charity’s funds as they consider appropriate to generate income for the benefit of the charity. 

1 



Docusign Envelope ID: DF3AB3F9-265D-4734-8197-BD56D20769B6 

## **THE TABHAIR CHARITABLE TRUST** 

## **TRUSTEES’ REPORT** 

## **YEAR ENDED 30 SEPTEMBER 2025** 

## **Reserves policy** 

The policy of the trustees is, where possible to operate the charity within the income arising out of its investment property and other income received in the year. The trustees can however, when particular areas of need are identified, permit the reduction in reserves through the funding of appropriate grant. 

The balance held as unrestricted funds at 30 September 2025 was £1,392,798 (2024: £1,410,941). There are no designated or restricted funds. 

## **Plans for Future Periods** 

The trustees plan to meet bi-annually to consider, review and approve grant applications. The trustees are satisfied that the Trust is meeting its objectives. There are therefore no plans to make any changes to the way in which the Trust currently operates on a day to day basis although the trustees will continue to monitor progress. 

## **Structure, Governance and Risk Management** 

The Trust was constituted by Declaration of Trust on 25 July 2012 and became a Scottish registered charity on 14 August 2012. The Trust was established by an initial gift from Amhola Limited. 

The trustees have been elected under the terms of the Trust Deed. The Trust Deed provides for a minimum of 3 trustees and any new trustees are appointed by the existing trustees. The trustees have agreed that should a new trustee be required and appointed in the future, the new trustee will be given the appropriate training in relation to the duties and responsibilities of charity trustees. 

Trustees receive induction and training as required. 

The charity has no employees. All trustees give their time freely and no trustee remuneration was paid in the year. Details of trustees’ expenses and related party transactions are disclosed in notes 8 and 15 to the financial statements. 

At the bi-annual trustees’ meetings, the trustees agree the broad strategy and areas of activity of the charity, including consideration of grant making, investment, reserves and risk management policies and performance. 

The trustees have examined the major risks to which the charity is exposed and have reviewed these risks and established systems and procedures to manage those risks. They have identified the following as risks which could impact on the charity’s activities if not closely monitored and controlled:- 

- Fraudulent payment of grants; 

- Poor investment performance; and 

- Grant expenditure exceeding the value of the Fund. 

2 



Docusign Envelope ID: DF3AB3F9-265D-4734-8197-BD56D20769B6 

## **THE TABHAIR CHARITABLE TRUST TRUSTEES’ REPORT** 

## **YEAR ENDED 30 SEPTEMBER 2025** 

## **Reference and administrative information** 

**Registered Charity Name** The Tabhair Charitable Trust **Charity Number** SC043357 **Principal Office** 61 Dublin Street Edinburgh EH3 6NL **Trustees** Mrs J Young L Burns Mrs J Mansell Mrs G I Gallagher The trustees are deemed to be the key management personnel. 

**Independent Examiner** Johnston Smillie Limited 5 South Gyle Crescent Lane Edinburgh EH12 9EG **Bankers** Bank of Scotland plc PO Santander UK plc Box 10 Bridle Road 38 St Andrew Square Bootle Edinburgh Merseyside EH2 2YR L30 4GB United Trust Bank Limited 1 Ropemaker Street London EC2Y 9AW Graham & Sibbald **Property Management Agents** 1 Greenmarket Dundee DD1 4QB **Accountants** Chiene + Tait LLP (Trading as CT) Chartered Accountants 61 Dublin Street Edinburgh EH3 6NL 

3 



Docusign Envelope ID: DF3AB3F9-265D-4734-8197-BD56D20769B6 

## **THE TABHAIR CHARITABLE TRUST** 

## **TRUSTEES’ REPORT** 

## **YEAR ENDED 30 SEPTEMBER 2025** 

## **Responsibilities of the Trustees’** 

The trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). 

The law applicable to charities in Scotland requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. 

In preparing these financial statements, the trustees are required to: 

- select suitable accounting policies and then apply them consistently; 

- observe the methods and principles in the Charities SORP; 

- make judgements and estimates that are reasonable and prudent; 

- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; 

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. 

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and the provisions of the charity’s constitution. 

They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 

```
23 April 2026
```

Signed on behalf of the trustees on ……………………….… 


Mrs J Young 

4 



Docusign Envelope ID: DF3AB3F9-265D-4734-8197-BD56D20769B6 

## **THE TABHAIR CHARITABLE TRUST** 

## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF THE TABHAIR CHARITABLE TRUST** 

## **YEAR ENDED 30 SEPTEMBER 2025** 

I report on the accounts of the charity for the year ended 30 September 2025 which are set out on pages 6 to 13. 

## **Respective responsibilities of trustees and examiner** 

The charity’s trustees are responsible for the preparation of the financial statements in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity trustees consider that the audit requirement of Regulation 10(1) (a) to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(1) (c) of the Act and to state whether particular matters have come to my attention. 

## **Basis of independent examiner’s statement** 

My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006 (as amended). An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that 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 statement** 

In the course of my examination, no matter has come to my attention 

1. which gives me reasonable cause to believe that in any material respect the requirements: 

   - to keep accounting records in accordance with Section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and 

   - to prepare accounts which accord with the accounting records and comply with Regulation 8 of the 2006 Accounts Regulations have not been met, or 

2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. 


M A P Taddei MA FCA CA Relevant Professional Body: Institute of Chartered Accountants in England and Wales Johnston Smillie Ltd Chartered Accountants 5 South Gyle Crescent Lane Edinburgh EH12 9EG 

`27 April 2026` ……………………… 

5 



Docusign Envelope ID: DF3AB3F9-265D-4734-8197-BD56D20769B6 

## **THE TABHAIR CHARITABLE TRUST** 

## **STATEMENT OF FINANCIAL ACTIVITIES (including Income and Expenditure Account) YEAR ENDED 30 SEPTEMBER 2025** 

|||Total|Total|
|---|---|---|---|
|||Funds|Funds|
|||**2025**|**2024**|
||**Note**|||
|**Income and endowments from:**||||
|Income|**3**|74,406|73,138|
|Donations and legacies|**4**|7,500|7,500|
|||**--------------**|**--------------**|
|**Total income**||81,906|80,638|
|||**--------------**|**--------------**|
|**Expenditure on:**||||
|Raising funds|**5**|5,639|5,537|
|Charitable activities|**6**|94,410|46,580|
|||**--------------**|**--------------**|
|**Total expenditure**||100,049|52,117|
|||**--------------**|**--------------**|
|**Net (expenditure)/income**||(18,143)|28,521|
|**Reconciliation of funds:**||||
|Total funds brought forward||1,410,941|1,382,420|
|||**--------------**|**--------------**|
|**Total funds carried forward**||1,392,798|1,410,941|
|||=========|=========|



All income and expenditure in the current and prior year and all funds held by the charity are unrestricted. 

All incoming resources and resources expended derive from continuing activities. 

6 



Docusign Envelope ID: DF3AB3F9-265D-4734-8197-BD56D20769B6 

## **THE TABHAIR CHARITABLE TRUST** 

## **BALANCE SHEET** 

## **30 SEPTEMBER 2025** 

|||Total|Total|
|---|---|---|---|
|||Funds|Funds|
|||**2025**|<br>**2024**|
||**Note**|||
|**Fixed Assets**||||
|Investments|**10**|1,266,000|<br>1,266,000|
|**Current Assets**||||
|Debtors|**11**|3,440|<br>521|
|Cash at bank in hand||156,450|<br>162,248|
|||**--------------**|**--------------**|
|||159,890|<br>162,769|
|**Creditors:**Amounts falling due within one year|**12**|(23,092)|(17,828)|
|||**--------------**|**--------------**|
|**Net Current Assets**||136,798|<br>144,941|
|||**--------------**|**--------------**|
|**Total Assets Less Current Liabilities**||1,402,798|<br>1,410,941|
|**Creditors:**Amounts falling due after more than one year|**13**|(10,000)|-|
|||**--------------**|**--------------**|
|**Net Assets**||1,392,798|1,410,941|
|||========|========|
|**Funds of the charity**||||
|Unrestricted income funds|**14**|1,392,798|1,410,941|
|||**--------------**|**--------------**|
|**Total charity funds**||1,392,798|1,410,941|
|||========|========|



`23 April 2026` Approved by the Trustees on…………………………and are signed on their behalf by: 


Mrs J Young 

7 



Docusign Envelope ID: DF3AB3F9-265D-4734-8197-BD56D20769B6 

## **THE TABHAIR CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 30 SEPTEMBER 2025** 

## **1. General information** 

The charity is a registered charity in Scotland and is unincorporated. The address of the principal office is 61 Dublin Street, Edinburgh, EH3 6NL. 

## **2. Accounting Policies** 

## **Basis of accounting** 

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). 

The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to the financial statements. 

The financial statements are prepared in sterling, which is the functional currency of the entity. Amounts are rounded to the nearest £. 

## **Going concern** 

The financial statements have been prepared on a going concern basis. The trustees have assessed the charity’s ability to continue as a going concern and have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis of accounting in preparing these financial statements. 

## **Judgements and key sources of estimation uncertainty** 

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. 

## **Significant judgements** 

The trustees have judged the value of the investment property as detailed in note 10. The trustees have made no further judgements (apart from those involving estimations) in the process of applying the entity's accounting policies and that are likely to have a significant effect on the amounts recognised in the financial statements. 

## **Key sources of estimation uncertainty** 

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. There are no key assumptions and other sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year. 

## **Income recognition** 

All income is recognised once the charity has entitlement to the income, there is sufficient certainty or receipt and so it is probable that the income will be received, and the amount of income receivable can be measured reliably. 

Donations are recognised when communication has been received in writing with notification of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that those conditions will be fulfilled in the reporting period. 

8 



Docusign Envelope ID: DF3AB3F9-265D-4734-8197-BD56D20769B6 

## **THE TABHAIR CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 30 SEPTEMBER 2025** 

## **2. Accounting Policies (continued)** 

## **Income recognition (continued)** 

Rental income from the investment property is credited to the Statement of Financial Activities in the year in which it is receivable. 

Interest on funds held on deposit is included upon notification of the interest paid or payable by the Bank. 

## **Expenditure recognition** 

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required, and the amount of the obligation can be measured reliably. 

All expenditure is accounted for on an accruals basis. 

## **Raising funds** 

The costs of generating funds consist of property management fees and the cost of maintaining the investment asset. This also includes finance costs associated with the investment asset. 

## **Grants** 

Grants payable are payments made to third parties in the furtherance of the charitable objects of the Trust. In the case of an unconditional grant offer this is accrued once the recipient has been notified of the grant award. The notification gives the recipient a reasonable expectation that they will receive the one year or multi-year grant. Grants awards that are subject to the recipient fulfilling performance conditions are only accrued when the recipient has been notified of the grant and any remaining conditions attaching to that grant are outside of the control of the Trust. 

Provisions for grants are made when the intention to make a grant has been communicated to the recipient but there is uncertainty about either their timing of the grant or the amount of grant payable. 

## **Charitable activities** 

Charitable activities include grants made and governance costs. Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practice. These costs include costs related to the independent examination and legal fees, together with an apportionment of overhead and support costs. 

## **Investment Property** 

Investment property has been included in the balance sheet at market value. The Statement of Financial Activities includes the net gains and losses arising on revaluation in the period. 

## **Irrecoverable VAT** 

Irrecoverable VAT is charged against the expenditure heading for which it was incurred. 

## **Funds** 

The entire Trust Fund is unrestricted. 

## **Financial instruments** 

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. 

9 



Docusign Envelope ID: DF3AB3F9-265D-4734-8197-BD56D20769B6 

## **THE TABHAIR CHARITABLE TRUST** 

## **NOTES TO THE FINANCIAL STATEMENTS** 

## **YEAR ENDED 30 SEPTEMBER 2025** 

## **3. Investment Income** 

|||**Unrestricted**|**Total Funds**|**Total Funds**|
|---|---|---|---|---|
|||**Funds**|**2025**|**2024**|
|||**£**|**£**|£|
||Rental income|72,850|72,850|72,850|
||Bank interest receivable|1,554|1,554|228|
||Other interest receivable|2|2|60|
|||**----------------**|**----------------**|**----------------**|
|||74,406|74,406|73,138|
|||=========|=========|=========|
|**4.**|**Donations and legacies**||||
|||**Unrestricted**|**Total Funds**|**Total Funds**|
|||**Funds**|**2025**|**2024**|
|||**£**|**£**|**£**|
||Donations received|6,000|6,000|6,000|
||Gift aid receivable|1,500|1,500|1,500|
|||----------------|----------------|----------------|
|||7,500|7,500|7,500|
|||=========|=========|=========|
|**5.**|**Raising funds**||||
|||**Unrestricted**|**Total Funds**|**Total Funds**|
|||**Funds**|**2025**|**2024**|
|||**£**|**£**|**£**|
||Property management fees|5,276|5,276|5,195|
||Bank charges|363|363|342|
|||----------------|----------------|----------------|
|||5,639|5,639|5,537|
|||=========|=========|=========|



10 



Docusign Envelope ID: DF3AB3F9-265D-4734-8197-BD56D20769B6 

## **THE TABHAIR CHARITABLE TRUST** 

## **NOTES TO THE FINANCIAL STATEMENTS** 

## **YEAR ENDED 30 SEPTEMBER 2025** 

## **6. Charitable activities** 

|**6.**|**Charitable activities**||||
|---|---|---|---|---|
|||**Unrestricted**|**Total Funds**|**Total Funds**|
|||**Funds**|**2025**|**2024**|
|||**£**|**£**|**£**|
||Grant making (note 7)|90,000|90,000|40,000|
||Governance costs:||||
||Independent examination fees|1,290|1,290|1,238|
||Accountancy fees|3,120|3,120|3,362|
||Legal fees|-|-|1,980|
|||----------------|----------------|----------------|
|||94,410|94,410|46,580|
|||=========|=========|=========|
|**7.**|**Grant making**||||
|||**Unrestricted**|**Total Funds**|**Total Funds**|
|||**Funds**|**2025**|**2024**|
|||**£**|**£**|**£**|
||Aberdeen Day Project|5,000|5,000|-|
||Bramber Bakehouse – 3 years of funding<br>from 2025|15,000|15,000|5,000|
||Elgin Youth Development|-|-|5,000|
||GASP Motor Project|5,000|5,000|5,000|
||Grassmarket Community Project|-|-|5,000|
||Hijinx Theatre|5,000|5,000|-|
||ITSA Digital Trust|5,000|5,000|-|
||Key4Life CIO|5,000|5,000|-|
||Oxygen|5,000|5,000|-|
||Project Colt - 3 years of funding from 2025|15,000|15,000|5,000|
||RAW Workshop|5,000|5,000||
||Regenerate|10,000|10,000|-|
||The Circle Community|-|-|5,000|
||The Hextol Foundation|5,000|5,000|5,000|
||The Turnaround Project|5,000|5,000|5,000|
||The Workshop Aberfeldy|5,000|5,000|-|
|||----------------|----------------|----------------|
|||90,000|90,000|40,000|
|||=========|=========|=========|



All grants made in the year were made to institutions. 

All of the above grants meet the trust’s objectives of providing opportunities for education, training and personal advancement by supporting individuals and organisations that take action in improving broken lives. 

11 



Docusign Envelope ID: DF3AB3F9-265D-4734-8197-BD56D20769B6 

## **THE TABHAIR CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 30 SEPTEMBER 2025** 

## **8. Trustee Remuneration** 

The trustees, who are deemed to be the key management personnel, received no remuneration in the year to 30 September 2025. 

In addition, the trustees received no expenses in the year. 

## **9. Taxation** 

The Trustees are of the opinion that no liability to tax arises. 

## **10. Investments** 

||**Investment**|
|---|---|
||**Property**|
||**£**|
|Valuation||
|At 30 September 2025|**1,266,000**|
||**----------------**|
|At 30 September 2024|**1,266,000**|
||=========|



The Charity acquired a commercial property at 40/42 Piersfield Terrace, Edinburgh in March 2013. The trustees do not consider the expense of having the property revalued should be incurred and that the above value represents a reasonable estimate of the open market value of the investment property as at 30 September 2025. 

## **11. Debtors** 

|**ebtors**|||
|---|---|---|
||**2025**|**2024**|
||**£**|**£**|
|Prepayments and accrued income|**3,440**|**521**|
||=========|=========|
|**reditors: Amounts falling due within one year**|||
||**2025**|**2024**|
||**£**|**£**|
|Accruals|4,410|4,146|
|Deferred income - rental income|8,682|8,682|
|Other creditors - grant making|10,000|5,000|
||----------------|----------------|
||23,092|17,828|
||=========|=========|



## **12. Creditors: Amounts falling due within one year** 

12 



Docusign Envelope ID: DF3AB3F9-265D-4734-8197-BD56D20769B6 

## **THE TABHAIR CHARITABLE TRUST** 

## **NOTES TO THE FINANCIAL STATEMENTS** 

## **YEAR ENDED 30 SEPTEMBER 2025** 

## **13. Creditors: Amounts falling after more than one year** 

|**reditors: Amounts falling after more than one**|**year**||
|---|---|---|
||**2025**|**2024**|
||**£**|**£**|
|Other creditors - grant making|10,000|-|
||----------------|----------------|
||10,000|-|
||=========|=========|



## **14. Unrestricted Income Funds** 

||**Balance at 1**||**Balance at**|
|---|---|---|---|
||**Oct 2024**|**Net income**|**30 Sept 2025**|
||**£**|**£**|**£**|
|General Fund|1,410,941|(18,143)|1,392,798|
||----------------|----------------|----------------|
||1,410,941|(18,143)|1,392,798|
||=========|=========|=========|



## **15. Related Party Transactions** 

The charity received donations in aggregate of £6,000 (2024: £6,000) without conditions from close family members of a trustee. 

13 



Docusign Envelope ID: DF3AB3F9-265D-4734-8197-BD56D20769B6 

**The Tabhair Charitable Trust 61 Dublin Street Edinburgh EH3 6NL** 

Johnston Smillie Ltd Chartered Accountants 5 South Gyle Crescent Lane Edinburgh EH12 9EG 

Dear Sir 

The following representations are made on the basis of enquiries of management and staff with relevant knowledge and experience such as we consider necessary in connection with your independent examination of the charity’s financial statements for the year ended 30 September 2025. These enquiries have included inspection of supporting documentation where appropriate and are sufficient to satisfy ourselves that we can make each of the following representations. All representations are made to the best of our knowledge and belief. 

## **General** 

1.  We acknowledge that the work performed by you is substantially less in scope than an audit performed in accordance with International Standards on Auditing (UK) and that you do not express an audit opinion. 

2.  We confirm that the charity was entitled to exemption of the requirement to have its financial statements for the financial year ended 30 September 2025 audited. 

3.  We have fulfilled our responsibilities as trustees as set out in the terms of your engagement letter, for preparing financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), for being satisfied that they give a true and fair view and for making accurate representations to you. 

4.  All the transactions undertaken by the charity have been properly reflected and recorded in the accounting records. 

5.  All the accounting records have been made available to you for the purpose of your independent examination.  We have provided you with unrestricted access to all appropriate persons within the charity, and with all other records and related information requested, including minutes of all management and trustee meetings and correspondence with OSCR. 

6.  The financial statements are free of material misstatements, including omissions. 

## **Assets and liabilities** 

7.  The charity has satisfactory title to all assets and there are no liens or encumbrances on the charity’s assets, except for those that are disclosed in the notes to the financial statements. 

8.  All actual liabilities, contingent liabilities and guarantees given to third parties have been recorded or disclosed as appropriate. 

9.  We have no plans or intentions that may materially alter the carrying value and, where relevant, the fair value measurements or classification of assets and liabilities reflected in the financial statements. 

Letter of Representation / Page 1 



Docusign Envelope ID: DF3AB3F9-265D-4734-8197-BD56D20769B6 

## **Accounting estimates** 

10.  The methods, data and significant assumptions used by us in making accounting estimates, and their related disclosures, are appropriate to achieve recognition, measurement and disclosure that is reasonable in the context of the applicable financial reporting framework. 

## **Legal claims** 

11.  We have disclosed to you all claims in connection with litigation that have been, or are expected to be, received and such matters, as appropriate, have been properly accounted for and disclosed in the financial statements. 

## **Laws and regulations** 

12.  We have disclosed to you all known instances of non-compliance or suspected noncompliance with laws and regulations whose effects should be considered when preparing the financial statements. 

## **Related parties** 

13.  Related party relationships and transactions have been appropriately accounted for and disclosed in the financial statements. We have disclosed to you all relevant information concerning such relationships and transactions and are not aware of any other matters which require disclosure in order to comply with legislative and accounting standards requirements. 

## **Subsequent events** 

14.  All events subsequent to the date of the financial statements which require adjustment or disclosure have been properly accounted for and disclosed. 

## **Going concern** 

15.  We believe that the charity's financial statements should be prepared on a going concern basis on the grounds that current and future sources of funding or support will be more than adequate for the charity's needs. We have considered a period of twelve months from the date of approval of the financial statements. We believe that no further disclosures relating to the charity's ability to continue as a going concern need to be made in the financial statements. 

## **Grants and donations** 

16.  All grants, donations and other income, the receipt of which is subject to specific terms or conditions, have been notified to you. There have been no breaches of terms or conditions in the application of such income. 

Yours faithfully 

............................................................. 

Signed on behalf of the board of trustees 

Date: `23 April 2026` 

Letter of Representation / Page 2 




## **Certificate Of Completion** 

|Envelope Id: DF3AB3F9-265D-4734-8197-BD56D20769B6|Envelope Id: DF3AB3F9-265D-4734-8197-BD56D20769B6|Status: Completed|
|---|---|---|
|Subject: Complete with Docusign: Tabhair Charitable Trust - 2025 Final Accounts.pdf, Tabhair Charitable||...|
|Source Envelope:|||
|Document Pages: 17|Signatures: 4|Envelope Originator:|
|Certificate Pages: 5|Initials: 0|Gemma Hawkins|
|AutoNav: Enabled||61 Dublin Street|
|EnvelopeId Stamping: Enabled||Edinburgh, Midlothian  EH3 6NL|
|Time Zone: (UTC) Dublin, Edinburgh, Lisbon, London||gemma.hawkins@ct.me|
|||IP Address: 86.111.173.10|
|**Record Tracking**|||
|Status: Original|Holder: Gemma Hawkins|Location: DocuSign|
|23 April 2026 | 14:26|gemma.hawkins@ct.me||
|**Signer Events**|**Signature**|**Timestamp**|
|Judy Young||Sent: 23 April 2026 | 14:35|
|iamjudyyoung@gmail.com||Viewed: 23 April 2026 | 20:19|
|Security Level: Email, Account Authentication||Signed: 23 April 2026 | 20:25|
|(None)|||
||Signature Adoption: Uploaded Signature Image||
||Using IP Address:||
||2a00:23c6:e383:2f01:50fa:10e6:185e:c455||
|**Electronic Record and Signature Disclosure:**|||
|Accepted: 23 April 2026 | 20:19|||
|ID: e7b25b22-6715-494f-8f2e-843ebed7d479|||
|Mark Anthony Paul Taddei||Sent: 23 April 2026 | 20:25|
|Paul.Taddei@jsca.co.uk||Viewed: 27 April 2026 | 09:22|
|Security Level: Email, Account Authentication||Signed: 27 April 2026 | 09:24|
|(None)|||
||Signature Adoption: Uploaded Signature Image||
||Using IP Address: 51.140.251.225||
|**Electronic Record and Signature Disclosure:**|||
|Accepted: 27 April 2026 | 09:22|||
|ID: 435d9b36-f2f0-4725-8eac-937cbf6c969d|||
|**In Person Signer Events**|**Signature**|**Timestamp**|
|**Editor Delivery Events**|**Status**|**Timestamp**|
|**Agent Delivery Events**|**Status**|**Timestamp**|
|**Intermediary Delivery Events**|**Status**|**Timestamp**|
|**Certified Delivery Events**|**Status**|**Timestamp**|
|**Carbon Copy Events**|**Status**|**Timestamp**|
|Euan Morrison||Sent: 27 April 2026 | 09:24|
|Euan.Morrison@ct.me|||
|Security Level: Email, Account Authentication|||
|(None)|||
|**Electronic Record and Signature Disclosure:**|||
|Not Offered via Docusign|||





|**Carbon Copy Events**|**Status**|**Timestamp**|
|---|---|---|
|Kristina Kilaitiene||Sent: 27 April 2026 | 09:24|
|kristina.kilaitiene@ct.me|||
|Security Level: Email, Account Authentication|||
|(None)|||
|**Electronic Record and Signature Disclosure:**|||
|Not Offered via Docusign|||
|Ryan Stewart||Sent: 27 April 2026 | 09:24|
|ryan.stewart@ct.me|||
|Security Level: Email, Account Authentication|||
|(None)|||
|**Electronic Record and Signature Disclosure:**|||
|Accepted: 18 December 2025 | 09:48|||
|ID: 5f69d5dd-d3c6-4201-aea5-f1b02bff5d77|||
|**Witness Events**|**Signature**|**Timestamp**|
|**Notary Events**|**Signature**|**Timestamp**|
|**Envelope Summary Events**|**Status**|**Timestamps**|
|Envelope Sent|Hashed/Encrypted|23 April 2026 | 14:35|
|Certified Delivered|Security Checked|27 April 2026 | 09:22|
|Signing Complete|Security Checked|27 April 2026 | 09:24|
|Completed|Security Checked|27 April 2026 | 09:24|
|**Payment Events**|**Status**|**Timestamps**|
|**Electronic Record and Signature Disclosure**|||





Electronic Record and Signature Disclosure created on: 14 May 2021 | 11:21 Parties agreed to: Judy Young, Mark Anthony Paul Taddei, Ryan Stewart 

## **ELECTRONIC RECORD AND SIGNATURE DISCLOSURE** 

From time to time, Chiene + Tait LLP (we, us or Company) may be required by law to provide to you certain written notices or disclosures. Described below are the terms and conditions for providing to you such notices and disclosures electronically through the DocuSign system. Please read the information below carefully and thoroughly, and if you can access this information electronically to your satisfaction and agree to this Electronic Record and Signature Disclosure (ERSD), please confirm your agreement by selecting the check-box next to ‘I agree to use electronic records and signatures’ before clicking ‘CONTINUE’ within the DocuSign system. 

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## **Withdrawing your consent** 

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## **All notices and disclosures will be sent to you electronically** 



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## **To request paper copies from Chiene + Tait LLP** 

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To inform us that you no longer wish to receive future notices and disclosures in electronic format you may: 



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To confirm to us that you can access this information electronically, which will be similar to other electronic notices and disclosures that we will provide to you, please confirm that you have read this ERSD, and (i) that you are able to print on paper or electronically save this ERSD for your future reference and access; or (ii) that you are able to email this ERSD to an email address where you will be able to print on paper or save it for your future reference and access. Further, if you consent to receiving notices and disclosures exclusively in electronic format as described herein, then select the check-box next to ‘I agree to use electronic records and signatures’ before clicking ‘CONTINUE’ within the DocuSign system. 

By selecting the check-box next to ‘I agree to use electronic records and signatures’, you confirm that: 

- You can access and read this Electronic Record and Signature Disclosure; and 

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- Until or unless you notify Chiene + Tait LLP as described above, you consent to receive exclusively through electronic means all notices, disclosures, authorizations, acknowledgements, and other documents that are required to be provided or made available to you by Chiene + Tait LLP during the course of your relationship with Chiene + Tait LLP.