ANNUAL REPORT AND ACCOUNTS 31 MARCH 2025 Scottish Charity Number SC045343
THE IOHN MAURICE AITKEN TRUST FOR THEYEARENDED 31 MARCH 2025 CONTENTS Page Trust Information Report of the Trustees Jndependent Examinetrs report to the Trustees Statement of FInancI Activities Balance Sheet Notes to the Financfial Statements 10-13
THE JOHN MAUIUCE AITKEN TRUST TRUSI. INFORMATION FOR THEYEARENDED 31 MARCH 2025 'he Trustees have pleasure ill presenting their report along with the financial statements of The John Maurice Aitken Tiust (the 'Tru.sV) for thp year ended .81 st Marr.h 202.5. The. financial statements have been prepared in accordance with the accounting policies set out in note I to the financial statements and complywith the charitystrust deed, the charitie.s and Trustee Jnve.%tment (.Scntland) Act 2005, the C,harities Accounts Cscotland) ReilIation.£ 2006 (as arncndod) and tlic, Accoiinting and Repoiting by Charit.ics: Statcment of Recommei)ded Pi'cictice applicable to c.harities preparing thcir ac.counts in accordance with the financ.ial Re.porting Standard applicable in the UK and Republic of JrelaDd (SORP FRS 102). Reference and Admlnlstratfion Detalls Principal address 4tli Floor 221 West George Street Glasgow G2 2ND Banker5 Royal Bank of Scotland 339 Byres Road Glasgow G12 8QP d Legal Status Scottish C.haritAble Incnrporated orgllsatiOn ["%CIO") - Number SC045343
THE JOHN MAURICEAITKENTRUST REPORT OF THE TRUSTEES FOR THEYEARENDED 31 MARCH 2025 Charitable Object The Trust was formed on 13 January 2015 as a Scrttish Charitable Incorporated Organisation ["SCIO"). The income of the Trust arises from events and donations received. Our mission is to help people in Scotland facing financiaL sociaj or physical adversity. As a small family- run trust we aim to have a big impact for individuals, groups and communities through modest but meanin8iul, flnancial grants. Governance The Trustees meet at least four times a year to discuss the operations of the SCIO. Day to day running of the charity is split into subgroups of ndraiSIn& partnerships & awards, finance and administration. The groups are led by Trustees and meet regularlyto advance the objectives of the SCIO. On appointment Trustees are provided with relevant information including information about the charity and their responsibilities as Trustees. The Trustees who served during the period are listed on page l ofthis report. Rlsk Management The Trustees are responsible for the management of the risks faced by the SCIO, They review the major risks to which tlie Trust is exposed and have established systems and procedures to manage those risks. The primary risks to the Trust include: Raising insufficient funds to continue operating, Selection of appropriate recipients for award5, and Non-compliance with Charity Legislation / RegutionS and good practice issues. The Trustees mitigate these rislis by ljaving a strong focus on fundraisfin& a rigorous conslderatlon process of awards and maintaining a risk register. Charitable artlvltles The mission of the JMA Trust is to help people facing financial, social or physical adversity. The Partnership and Awards Committee (PAC) works towards this mission through partnehIpS with like- minded organisations awards to familles and individuals in crisis. The Trust is focussed on establishing partnersm.ps with organisations that share our ethos and deliver vital support to people facing hardship. Our Partnerships model is designed to allow us to build strong relationships with these organisations over time, which will foster good communication to ensure our money is reaching those in need. This should ensure our grants have a greater impact and help us to better tell the stories of how the Trust helps people througbout Scotland. Partnerships also create more funding certainty for partner organisations. helping them to sustsin and/or develop services for the people they work with. Each partnership has a PAC point of contact to faalitate regular communication behveen the ]MA Trust and the partner organisation. Partner organisations typically agree to meet a set nurnber of times per year for updates (via email, phone or in person); addressing howthe grant is being used.
THE JOHN MAUIUCEAITKEN TRUST RF.PORT OF THF. TRUSTEES FOR THEYEAR ENDED 31 MARCH 2025 (continuerfj Details of our main partnerships and the support that we provided in the year to 31 March 2025 Is set out below: l. The Beatson Cancer Charlty and the JMA Trust have enjoyed a long partnership which has continued through the JMA Experiences Fund. This year we donated £30,000 to the Beatson for this specific fund, doubling the previous year's donation. The Beatson identify families or individuals within their service who are struggling financially and dealing with the impact of cancer treatment. Through their Wellbeing and Outreach services, as well as with the relevant teams within the hospital, they offer experiences which would otherwise be unaffordable for these families at the time to get some respite from the treatment they are undergoing. Recent examples have been; A trip to Flarningo Land for a young person who recelved a tern]inal diagnos15. They wanted to make memories with their family and little brother. A spa break with friends to thank them for their support over the past year. An opportunity for a father to talce their 2 year old son for a weekend to Centre Parcs - their first holiday as a farnily. Tickets and equipment to go camping at a music festival to experience something a "normal" person their age would do. One young woman aged 22 with a stage 4 brain tumour received a grant towards the cost of a small wedding ceremony to her partner. The JMA will be continuing this worthwhile partnership again in 2025/202 6, helping people facing an unimaginable difficult time in life. 2. Dumfries and Galloway Soclal Work Department rnake emergency requests dirertly to the IMA Trust for funding for individuals and families in crisis with nowhere else to turn. This is some of the most meaningful help the JMA Trust provides. We often see cases of families requesting emergency support, furniture or clothes for children due to a change in circumstances and lack of government support. Social workers apply on behalf of their clients, completing our emergency request application form. Applications are reviewed immediately by a subgroup of the PAC to ensure rapid response. Awards are paid into the D&G Social Work bank account for the social workerto supervise the client spend. The JMA Trust awarded over £21,000 in the year to 31 March 2025 supporting 79 families.
THE JOHN MAURICEAITlffN TRUST REPORT OF THE TRUSTEES FOR THEYEARENDED 31 MARCH 2025 (continued) 3. Cumbernauld and Kilsyth Care CUentlY provide two services to support children and families in their local area.. a School Uniforn] Bank and a Baby Bank. These services support children and families in need by providing them primarily with clothing through community recycling and donations. The School Unifornl Bank provides school uniform free of charge to those families most in need in the area, through a system of referrals. Packs provided to children and young people consist of new and pre-loved items. The Baby Bank delivers support to parents and carers in the area who need help, again through a system of referrals. This help includes a 'starter pack, for babies, essentials like cots and prams, along with clothing, shoes and toiletries for cliildren of all ages. The JMA also use the service they provide to assist with the multiple emergency applications that we receive. The IMA Trust provided £5,000 of funding in the year to 31 MarLh 2025. Truslees and friends of the IMA also volunteer with this organisation in their spare time and in many instances have hand delivered care packages from Cumbernauld and Kilsyth Care to social workers In Dumfrles. 4. Parents Incluslon Network ("PIN") As a charlty based in Dumfries and Galloway who enable parents and carers of disabled children to come together and support each other through bh¢ired experiences. The JMA Trubt have held a strong partnership with PIN for several years. The JMA support PIN'S Summer, October and Christmas Programmes with donations totalling £2,000. Their rnembers have, or care for, children of all ages with a wide range of disabilities and we will continue to cultivate this partnership in the coming years. 5. Coatbrldge foodbank has been supported with regular monthly payments of £500 and provided a further £3,500 of funding in the year. This has offered the foodbank stabilityto be able to continue the vital work they carry out in the community. 6. Glasgow Eagles are a long-term partnership and we continue to support their ambltlon to promote and facilitate disability sport. This year we donated £800 and intend to maintain this excellent relationship. 7. Apparel X-change are a social enterprise dedicated to reuse, repair, and recycling for childrenswear and their mission is to reduce the Impact of clothing on our planet. The JMA supportedApparel X-change wlth a £IO,00 donation. This donation helped 283 families with clothing packages. This equated to 434 young people receiving clothing and footwear. Families can shop second-hand, donate clothing and also receivc frce clothing when times are challenging. Apparel X-change use unwanted clothing and footwcar and rccirculate this at low cost and for free. Schools are also able to get support from Apparel X-change and share education opportunitie5 for becoming greener. e-off Donatio stmas su ort The JMA Trust continues to make discretionary one-off donations. The John O'Byrne Foundatlon This year the JMAwere delighted to be able to supportthe John O'Byrne Foundation with a £5000 donation to help with site fees for their adapted caravan. The John O'Byrne foundation's caravan in Saltcoats gives children and families who are suffering or are recovering from life threatening illnesses the opportunity of "a wee break awa,.
THE JOHN MAUR]CEAITKEN TRUST REPORT OF THE TRUSTEES FOR THE YEARENDED 31 MARCH 2025 (continued) Playbusters Glasgow Our donation of £3,5 00 was used to fund the PlaYbuSte Breakfast Club to support 24-30 children each morning. Children are referred via family support workers and directly from the schools. They prioritise single-parent families, parents who are newly returning to worli and children that the schools have suggested may not be receiving breakfast at home. Dare to Care Dare to Care are dedicated to the prevention or relief of poverty and helping those in need in North Lanarkshire area during the Christmas period. Families are referred to Dare to Care on a confidential basis through schools and other support networks. They provide Christmas gifts and food hampers to families facing financial hardship. Volunteer delivery drivers deliver the parcels to families on christm Eve. The IMA supported with £3,000. Parlthead Houslng A550ciation for Women's Aid Glasgow Women's Aid supports women, children and young people experiencing domestic abuse. We supported them with £5,000 for a green space project for their temporary refuge accommodation to update their children's play area and create an outdoor space with a ga%ebo that would allow residents to have usable outdoor space all year round. Legacy Funding Commitment The JMA Trust plans to strengthen our relationships with existing partners by committing to regular funding year on year. We will trust the relationships we have built and ensure that oui. partners will spend JMA funds wisely in their areas of expertise. Legacy fuiiding is a commitment to our partners that the JMA will support them loiig term, allowing plans to be made, projects to grow, giving them the stability of a regular income stream but having the flexibility to use their funds without the restrictions some funders may apply. Over time, these partnerships, the project5 that flow from them, and the people who are supported by them, will be the JMA'S legacy. In addition, the JMA remain open to new opportunities to establish partnerships with lil<e-minded organisations. Our Trustees will continue to work hard to ensure that generously donated JMA funds are directed to those who need it most. Flnancial Revlew The accounts showthat in theyearto 31 March 2025 the Trust awarded £97,556 inline with our charitable objectives. Our income was £114,406 which came predominantly from our annual ball, numerous fundraising events by our supportei's and donations. We seek to operate with llLinimum overheads with most of the Trust's work being done on a voluntary basis. This gives total funds carried forward at the 31 March 2025 of £62,652. Reserves Policy The Trusvs reserve policy Is to ensure that it maintains sufficient reserves to meet all liabi]ities as they fall due and to provide sufficient working capital to meet the upfront costs of rnajor fundraising events. All events are planned and controlled to operate on a self-funding basis. Plans for the Fllture The Trnstees ContinulY review the best and most efficient way of ensuring the money raised for the Trust is used to rnaximise irnpact and benefit. The Trust will continue to focus on making a difference in the lives of our award recipienL
THE IOHN MAURICEAITKEN TRusr REPORT 014 THE TRusfEES FOR THE YEAR ENDED 31 MARCH 2025 (contlnuedj Key Management Personnel All trustees are listed on page l. Those trustee.s who hold management roles are listed below: Volwrteer Help There are many volunteers who givc their tthine generously to support the Trust, We are eternally grateful for their help and involvement and recognise the huge contribution that they make to the iccess of the Trnst. Trustees. re.sponslbllltJes In relatlon to the fln¢inclal statementq Tlie charlty trustees are responsible for preparing a tnistees, annual re.port and finandal statements for cach ycar whlch glve a tnje and falr vlew of the state of affalrs of the charity and of tlic incorning resoui'ces aiid application of resourLes of the Lharity for that period. lil preparlng the t]iiandal statcmcnts the trustees are required to: Select suitable accnuntiDg pollc.les and then apply tl)cirA consi.stently; ObSee tlie inethods and prinLiples in the applicable Charitses SORP; Makc judgements and estlmates that are reasonable and prudent; State whether applicable accountins standards have beeii followed, subject to any rnaterial departure5 disclosed and explaiiied in the financial staternents,. Preparc the. flnanclal statements on the goiiig concern basls unless It Is Inappropriatc to prcsumc that the charity will condniic In buslncss. Tlie tn]stees are responslble for keeping proper accounting records that dlsc)ose wlth reasonable accuracy at any time the finallaal position of the charity and to eiiable them to ensure that the fliianc&al stateineijts comply with the Lharities ¢ind 'l'rustee Investment [ScoUand) Act 2005, the Cliarity Accounts (Scotland) Regulations 2006 (as aniended), and the provisioDS of the Trust dced, They are also responsible for safeguarding the assets of the charity and taking reasonable steps foi. the prevention and detection of fraud and other irregularities. The trustees are re5POllsible for the maintenance and integrity of the charity and financial iiifonnation induded on the LhariWs website. Leb7islation in the United Kingdom governing the preparation and dissemination of finanLiiil statements inay differ from legislation in other jurisdictions. The accounts have been prepared fin accordance wlth the small charity acco permitted under Charities SORP (FRS 102) Approved by the tt"ustees on their behalf by.. g exemptions Iil,;y_ Lf .dnd signed on
THE JOHN MAURICE AITKEN TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES FOR THE YEARENDED 31MARCH 2025 I report on the accounts of the charity for the year ended 31 mai.ch 2025 which are set out on pages 8 to 13. Respectlve responslbllltles of trustees and exarnlner Tkie charity's trustees dre rLispoiisiblL, for the preparation of the accounts in accoi'danLe with the ternjs of the C1121Ities and Trustee Investment (Scotland) Act 2005 and die Charities Accounts (Scotland) Regulations 2006 (as an]endod). The charity trustees conslder that the audit requirement of Regulatioll 10 CI) (a) to (c) of the 2006 Accounts ReRulations does not apply. It is n)y respoi)sibility to examine the accounts as i"equired under section 44(1) (c) of the Act and to state whcthcr i)articular matters have come to my attcntion. Basls of Independent exaininer's statement My examlnat5on Is carrled out in accoi'dance wlth Regulatlon I l of the 2006 Accounts RelIatIo1)s. An exarnination inLlu(les a review of the aLLuunting records kept by the c]rItY and a compadson of the accounts preseiited with tl)ose records. It also incjudes considei'ation of ]Y linilla1 ite.ms or dlsclosures In the accounts ajid seeks explanations from the trustees concerning ]Y such inatters. The prucedures undertaken do not pi'ovlde all the evldenLe that would be required In an audfit, and conspque.ntly I do not expre.ss an audit opinion on the vlew glven by the accounts". Independent examlnerfs statement In the course of my examination, no n]atter has Corne to rny attLintion: which gives me reasonable cause t.a helieve that in any material respeLt the requirements: to keep accountiiig records in accordlce wltli Sectlon 44(1) (a) of the 2005 Act alid Regulation 4 of the 2006 Accounts Regulation to pre.pare accouijts wliich accord Nvitli the r1ccountlng records and comply with Regulation 8 of the 2006 Accounts Regulations have not been met, or 2. to which, in my opiiiion, attention should be drawn in orde.r to enable a proper understaiiding of the accounL% to be reached.
THE JOHN MAURICE AJTKEN TRUST STATEMENT OF FINANCIALACTIVITIES INCOME AND EXPF.NDITURE FOR THE YEAR ENDED 31 MARCH 2025 Unrestrlcted Funds Total Funds 2025 Tots] Funds 2024 Note ncome and endowments from: Donations Other trading actiwties -fundraising events Total income 35,692 78,714 35,692 78,714 34,569 69,397 114,406 114,406 103,966 Expendlture on: Raising funds Charitsble activities Total Expendlture (31,062) (97,616) (128,678) (31,062) (97,616) (128,678) (30,544) (77,044) (107,588) Net deflclt [14,272] (14,272) (3,622) Reconciliation of funds: Total funds brought forward Total funds carried forward 76,924 62,652 76,924 62,652 80,546 76,924 The notes on pages 10 to 13 form part of these fmancial statements.
THE JOHN MAUR]CEAITKEN TRUST BALANCE SHEET ASAT31 MARCH 2025 2025 2024 Note Fixed Assets 127 162 Current Assets Debtors c.ash at Bank 223 5,142 77,347 Llabilitlcs c.reditors falling due within one yecir 10 493 Net current Assets 62,525 76,762 Net assets 62,652 76,924 The funds ofthe charity: Uiiresti'icted Jiicnme. funds 1.1 The fiJ]andal statemeiits set out on P<e$ 8 to 13 were approved by the Trustees on 11 2025 Trustee The notes on pages 10 to 13 fonn part of thcse financfial statement&
THE JOHN MAURICEAJTKEN TRUST NOTES TO THE FINANCIAL STATEMENTS FOR'fHEYEARENDED 31 MARCH 2025 Accountfing Pollcles Basis of PrepaJ7tffion The finanaal 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 these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Finanaal Reporting Standard applicable in the UK and Republic of Ireland (SORP FRS 102), the Charities and Trnstee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). Statement of Cashflows In accordance with the provisions of the Charities SORP (FRS 102) the charity has taken advantage of the exemption available to small charities and does not present a Statement of Cashflows. Cjoing c.oncern The trustees consider that there are no material uncertainties about the Trusts ability to continue as a going concern. Income recognition All incoming resources are recognised once the charity has entitlernent to the funds and there 5s reasonable certainty that the J'esoui'ces will be received, and the monetaryvalue of incomin8 resources can be measured with sufficient reliability. Expendlture recognltfion Liabilities are recognised as resources expended as soon as there is a legal or construrtive obligation committing the charity to the expenditure. All expenditure is accounted for on a accruals basis and has been classified under headings that aggregate all costs related to the category. Irrecoverable VAT Irrecoverable VAT is charged against the category of resources expended for which it was incurred. Costs of raising funds The costs of generating funds consist of fundraising event costs, costs of raising donations and overhead costs as shown in note 4. Charitable activitAes Costs of charitable activities include grants made and governance costs as shown in note 5. Allocation of overhead and governance costs Overhead costs have been IOOD/o allocated to cost of raising funds. Governance costs comprise all costs involving the pub]ic accountability of the charity and its compliance with regulations and good prattice. These costs are included in costs of charitable activities as shown in note 5. 10
THE JOHN MAI]RICEARTKEN TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE Y&4R ENDED 31 MARCH 2025 (contlnued) Volunteer help The value of any voluntary help received is not included in the accounts but is described in the Trustees, annual report. Taxation The Trust has charitable status and is exempt from taxation. Trustee and Independent Examiner Remuneration None of the Trustees nor the Jndependent Examiner received remuneration in the period. Analysis of costs of raislng funds 2025 2024 Costs of donations 1,531 28,456 43 1,259 28,180 200 Event costs Advertising & marketing costs Sundry expenses 1,032 31,062 905 30,544 Costs of donations includes items such as Just Giving fees. Event Costs include the hire of equipment, and cost of merchandise for fundraising activities. Event costs primarily relate to the Trusvs Annual Ball, the main fundraising event of the year. Analysls of charitable expenditure 2025 2024 Awards made 97,556 60 77,004. 40 Governance costs 97,616 77,044 Governance costs 2025 2024 Lottery licence fee 20 ICO fee 40 60 40 40 11
THE JOHN MAURICE AITKEN TRUST NOTES TO THE FINANC]AL STATEMENTS FOR'fHE YEAR ENDED 31 MARCH 2025 (continue(t) 7. Analysis of awards Awards to Awards to Instltutlons Individuals Total 2025 2024 Financial hardship 16,390 21,257 37,647 51,104 Social 24,109 24,109 9,300 Physical adversity & health 35,800 76,299 35,800 97,556 16,600 77,CJJ4 21,257 Tangible Flxed Assets Total Computer and equipment Cost At l Apr 2024 Additions Disposals At 31 Mar2025 607 607 Depreclatlon At l Apr 2024 Charge for the year Eliminated on disposals At 31 Mar 2025 445 35 480 Net book value 31 Mar 2025 127 31 Mar 2024 -162 12
THE JOHN MAURICEAITKEN TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YL4R ENDED 31 MARCH 2025 (contlnued) Debtors 2025 2024 Prepayments and accrued income 223 5,14Z 10. Credltors due within one year 2025 2024 Accruals and deferred income 493 493 585 585 11. Analysls of charttable funds Fund name Balance b/forward Income Expendlture Fund c/forward Unrestrlcted funds 76,924 114,406 (128,678) 62,652 Totsl 76,924 114,406 128,678 62,652 The unrestrirted funds are available to be spent for aJ]y of the purposes ofthe charity. 12. Related party transactions and trustees, exponses and remuneration The trustees all give their time and expertise freelywithout any forni of remuneration or other benefAt in cash or kind. Expenses paid to the trustees in the year totalled nil (2024: £42J. Nevis Capital LLP of which Brian Aitken (Trustee) is a Partner provides administration support on a pro bono basis. Donations made by the Trustees to the Trust in the year totslled £70 (2024: £140). 13