The Henry Muirhead Family Trust 19 Elm Vvalk, Glasgow, G613BQ Scottish Charity Registration No.. SC044250 Annual Report and Financial Statements For the year ended 31st March 2026
The Henry Muirhead Family Trust 19 Elm Walk, Glasgow, G613BQ Scottish Charity Regislration No.. SC044250 Contents of the Financial Sl3tom&nts Page Report of the Trustees Slalement of Financial Activities Balance Sheet Notes lo the Financial Stslemenls Ind&pendenl Examinerf5 Report
The Henry Muirhead Family Trust 19 Elm Walk, Glasgow, G613BQ Scottish Charity Registration No: SC044250 TRUSTEES ANNUAL REPORT ST FOR THE YEAR ENDED 31 MARCH 2026 The trustees present their report with the financial slalemen15 of the ch8rfly for the year ended 31 March 2026. The Iruslees have adopled the provisions of Accounting and Reporting by Charities.. Slalemenl of Recommended Praclice applicable to ¢harilies preparing their ac¢ounls in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffe¢live 1 January 20191. Adminlslr81ion Information Charity Name- Charity Number.. Addwss.. Dale of reglslralion,, Current Trust&6s', The Henry Muirhead Family Trust SC044250 19 Elm Walk. Glasgow, G61 3BQ 9 September 2013 Dou9las Muirhead - Trustee Peter Muirhead- Tru51ee SecTetary l TreasureT'. Douglas Muirhead Pur Se and Charilable Ob. Principle purpose and objectives of the HenTy MuiThead Famlly Trust 8re', The prevention or relief ol poverty. The advancement ol education, The advancement ol health. The saving of lives. The advancement of human rights, conflict resolution or rewncilialion. The promotion of religious or racial harmony. Thp promotion of equality and diverslty. The advancement of environmental prole¢lion or Improvement. The rellef of those in need by reason of age, ill health, disability, finan¢lal hardshlp or olh&r disadvantage. The advancement of animal welfare. Achievements J Financial Performance The Charitable Trust commenced on 91h September 2013. 11 was agreed Ihal the ¢harilable funds from the "Foundry Trust. under the administration of CAF would be transferred Into the Henry Muirhead Family Trust with funds belng invested to provide income and growth, During the year, the Trust made charitable donations of £20,000 {2025 - £20,000). This report was approved by the Trustees on 16 June 2026 and signed on their behalf by,. Douglas Muirhead Treasurer Page l of6
The Henry Muirhead Family Trust 19 Elm Walk, Glasgow, G613BQ Scottish Charity Registration No.. SC044250 statomant of FSnanclal Actlvltl8s for thè ear ended 31 March 2026 Note Unrestricted Fund$ Total 2026 Total 2025 In¢omo Donations Inveslment Income £1,OQO £32,138 £33,138 £30,826 £30.826 £30,82 £30,826 Exp&ndllur8 on Gharltablg activltl¥$ Donations Bank Charges Governance C05ts £20.000 £60 £5,988 £26,048 £20,000 £60 £5,988 £26,048 £20,000 £90 £5,659 £25,749 Net income £4.778 £4,778 £7,389 Othèr recognlsad galns and losses Realised gainslllossesl on disposal of investments Unrealised gains on inveslmenls £6,951 £6,951 £11.5991 £144,430 £144,430 £22,210 £151.381 £151,381 £20,611 Net movement in funds £156,159 £156,159 £28,000 Reconciliation of funds Total funds brought forward Totsl funds carrled forward £1.104,336 £1,104,336 £1,076,336 £1.260,495 £1,Z60,495 £1,1 D4,336 Page2 of6
The Henry Muirhead Family Trust 19 Elm Walk, Glasgow, G613BQ Scottish Charity Registration No.. SC044250 Balance Sheet Noto Unrestricted Fund$ £1,202,648 Total 2026 Total 2025 Investments £1.202,648 £1,056,887 Currgnt assets Cash al bank arid In hand £59,107 £59,107 £48,079 Creditors Amounts falling due within one year £1,260 £1,260 £630 Ngt current assets Total assets loss currènt Ilabilities £57,847 £1,260,495 £57,847 £1,260,495 £47,449 £1,104.336 Funds General fund Total funds £1.260,495 £1,260,495 £1,260,495 £1,260,495 £1,104,366 £1.104,366 All funds are unreslrl¢led. The notes on pages 4 and 5 form an integral part of these accounts. Approved by the Trustees and signed on their behalf on 16 June 2026. Douglas Muirhead Treasurer Peter Muirhead Trustee Page3of6
The Henry Muirhead Family Trust 19 Elm Walk, Glasgow, G613BQ Scottish Charity Registration No.. SC044250 Notes to Accounts 1. ACCOUNTING POLICIES Basis of preparing th• flnancial statements The finanelal slalemenls of the charity, which is a public benefi't enlily under FRS 102. have been prepafed in accordance with the Charitie5 SORP IFRS 1021 'Accounling and RepDrting by Charities.. Slalemenl of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Sland8rd applicable in the UK and Republic of Ireland {FRS 102) leffeclive 1 January 20191,, Financial Reporting Standard 102 'The Financial Reporting Standard appli¢able in the UK and Republic of Ireland, and the Chariliey and Trustee Investment IS¢ollandl Act 2005. The financial slalemenls have been prepared under the historical cost convention. Income All in¢ome is re¢ognised in the Statement ol Flnancial Actlvilles once the charSty has enlillemenl lo the funds, il is probable that Ihe income will be received, and the amount Ban be measured reliably. Expondlture Liabilities are recognised as expendllure as sotsn as there is a legal or con$tnJcllve obligation committing the charity lo that expenditure. il is probable that a transfer of e¢onomic benefits will be required in settlement #nd the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related lo the category. Vvhere costs cannot be directly allribuled lo particular headings they have been allocated lo activities on a basis consistent with the use ol resources. Investments Investmen15 are carried in the financial slalemenls al lair value. Taxatlon The Charity is exempl from tsx on115 Charitable aclivilie8. Fund accounting Unreslricled funds Ban be used in accordance with the charitable objectives al the dlscTetion of the Iruslees. Reslrlcled funds ¢an only be used lor partiCLtlar restricted purposes thIn the obleds of the charity, Reslriclions arise when 8pe¢ilied by the donor or when funds are ralsed for particular restricted purposes. Pag¢4 of6
The Henry Muirhead Family Trust 19 Elm Walk, Glasgow, G613BQ Scottish Charity Registration No: SC044250 2. INVESTMENTS Invpstmgnt In Horgr&aves Lan¥down V•nturg Fund As al 31 $1 March 2025 Unrealised gain on investments As at 31° March 2026 £52 £1 £53 Investm&nt In Trlnlty Brldge Shares F?ir value as al 3151 March 2025 Additions in year Disposal proceeds Realised gains on disposal of inve3lmenls UnTealised gains on investments Falr value as 8t 31•t March 2026 £1,043,128 £127,215 £1126,577} £6,951 £144,429 £1,195,146 Capltal Account Balance as al 31rt Maich 2025 Movement in year Balanco a$ at 31°, March 2026 £6,685 £{5,9961 £689 Income Account Balance as at 31sI March 2025 Movement in year Balance as at 31" March 2026 £7,022 £12621 £6,760 Totsl as at 3151 March 2026 £1,202.648 3. TRUSTEES. REMUNERATION AND BENEFITS There were no Iruslees, remuneration or expenses paid for the year ended 31 March 2026 nor for Ihe year onded 31 March 2025, 4. CREDITORS DUE WITHIN ONE YEAR 2026 2025 Accruals 1,260 630 5. RELATED PARTY DISCLOSURES There were nc* related party disclosurès for the year ended 31 March 2026. No donations were r¢¢elved by the charfty from any Truslee12025- £nill. Pag¢5 of6
The Henry Muirhead Family Trust 19 Elm Walk, Glasgow, G613BQ Scottish Charity Registration No.. SC044250 Indo gndont Exa Inar's R ort he Year Ended 31 Mar¢h 2026 Independont Examlnfjr's Rgport to tho Trusts9s of Thg Henry Mulrhgad Famlly Trust I report on the financial statement of the charity for the year ended 31 March 2026 and the asswialed notes. Rgsp8¢tlvg responsibiliti05 of Trustees and Examlner The charity's trustees are responslble for the prepar8llon of the accounts in accordance with the torms of the Charities and Trustee Investment (Scollandl 2005 A¢1 and the Chaiilies Accounts IS¢ollandl Regulations 2008. The charily trustees consider that the audit requirement of Regulation 10111 Id) DI ihe Accounts Regulations does not apply. It is my responsibility lo examine the aocounls as required under section 44111 lel of the Acl and lo state whether particular mallèrs have come lo my attention. Basls of Indepondgnl ExamSngrfs Statomont My examination is carrled out in accordance with RegulatSon 11 of the Charities AoUntS Iscollandl Regulations 2006. An examination includes a review of the a¢¢ounling records kept by the charity and a oomparison of the accounts presented with those records. It also include8 consideration of any unusual items or disclosures in the accounts and seek5 explanations from the Iruslees concerning any such mallers. The procedures undertaken do not provide all tho evidence that would be required in an audit and, consequently, I do nr)l express an audit oplnion on Ihe accounts. Indopondgnt Examiner'5 Siatemont In the course ol my examinallon, no matter has come lo my allenlion... 1. which gives me reasonable ¢au$e lo belleve that in any maleriaS re8pecl the reqviremenls.. lo keep a¢¢ounting re¢ords in accordance with sectton 44111 lal of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and lo prepare accoun15 which accord with the accounting records and comply with Regulation 8 of the 2006 Acwunls Regulations have not been mel, or 2. to which, in my opinion, 8llention Should be drawn in order lo enable a proper understanding of the accounts lo be reached. Mark William Blair, FCCA TB Dunn & Co Ground Floor Iparti Unit 8000 Academy Business Park 51 Gower Street Glasgow G51 1PR 16 June 2026 Page6 of6