2025-08-31-accounts - The Runciman Apse Trust

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Docusign Envelope ID: 42B28975-17E5-44E0-B2AC-E345DA05D3B2

Registered Charity Number: SC046772

Runciman Apse Trust Accounts and Trustees’ Report for the year ended 31 August 2025

Docusign Envelope ID: 42B28975-17E5-44E0-B2AC-E345DA05D3B2

Runciman Apse Trust

CHARITY INFORMATION

Trustees Rt Hon The Lord Hardie (Chairman) Rt Rev Mgr Philip Kerr (Secretary) Francis Gill (Treasurer) (resigned 20 Mar 25) Rev Neil Gardner Prof Duncan Macmillan (resigned 16 Dec 24) Prof Peter Davidson (resigned 18 Dec 24) Rev David Todd Rev John McLuckie (resigned 20 Mar 25) Dr Rory Lamb (appointed 22 May 25) Registered charity number SC046772 Registered address St Patrick’s Church 40 High St Edinburgh EH1 1TQ Independent Examiner Douglas Rae CA EQ Accountants Limited 14 City Quay Dundee DD1 3JA

Docusign Envelope ID: 42B28975-17E5-44E0-B2AC-E345DA05D3B2

Runciman Apse Trust

TRUSTEES’ ANNUAL REPORT

Structure, governance and management

The charity is governed by a constitution.

Charity trusteeship is open to any person aged 16 or over who subscribes to the objects of the organisation and wishes to see them fulfilled. Any person applying to be a trustee must sign a written application. The application will be considered at the next board meeting. The board may refuse admission and must notify each applicant promptly of its decision to admit or refuse.

Objectives and activities

The objects are the advancement of heritage and culture through restoring, reinstating, preserving and presenting to the public in their context the murals painted by Alexander Runciman in the apse of St Patrick’s Church, Edinburgh.

The main activities in relation to these objects are discussions with art restorers and the art departments of the Universities of Edinburgh, Northumbria and Oxford and local community groups to prepare a restoration plan and fulfilling this restoration plan.

Achievements and performance

In the course of the last year the following work was undertaken:

An environmental report was commissioned to ascertain the effect of exposing the ceiling mural following the removal of covering layers of paint currently protecting it from the environment. We wish to know whether we need to protect the exposed painting from ultra-violet light and moisture in the atmosphere.
Further tests have been undertaken by experienced conservators in order to provide a detailed estimate of the costs involved in removing the paint at present covering the mural. In the course of this work it has been judged that at the present time it would be too risky to proceed with the restoration until further scientific advancements have been made.

As a consequence the Trust will concentrate on how best to display the pendant paintings and await future developments which will enable the Ascension mural to be safely uncovered.

Docusign Envelope ID: 42B28975-17E5-44E0-B2AC-E345DA05D3B2

Runciman Apse Trust

Financial review

Funds are collected to facilitate future stages of the restoration project, which will be scheduled as funds allow. There is no formal reserves policy since activities are scheduled in response to successful fundraising to facilitate future stages of the project. At the year end, funds of £9,731 ( 2024 - £22,734 ) were held and were entirely unrestricted.

This report was approved by the trustees on 24 March 2026 and signed on its behalf.

~22E9F50B36D34E5... by: Rt Hon The Lord Hardie Chairman

Docusign Envelope ID: 42B28975-17E5-44E0-B2AC-E345DA05D3B2

Runciman Apse Trust

INDEPENDENT EXAMINER’S REPORT

I report on the accounts of the charity for the year ended 31 August 2025 and the notes to the accounts which are set out on pages 7 to 10.

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the accounts 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) (d) of the 2006 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 2006 Accounts Regulations. 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.

Docusign Envelope ID: 42B28975-17E5-44E0-B2AC-E345DA05D3B2

Runciman Apse Trust

Independent examiner’s statement

In the course of my examination, no matter has come to my attention 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
to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations

have not been met, or

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

This report is made solely to the charity’s Trustees, as a body, in accordance with regulation 11 of the Charities Accounts (Scotland) Regulations 2006. My work has been undertaken so that I might state to the charity’s Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity’s Trustees as a body, for my work or for this report.

| DouglasSigned by: Kae Douglas Rae CA 98E01EC2FD13436...

EQ Accountants Limited 14 City Quay

Dundee

DD1 3JA 25-03-2026 | 14:53 GMT

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Runciman Apse Trust

STATEMENT OF RECEIPTS AND PAYMENTS

Income Donations, grants and legacies 1 Expenditure Fundraising costs Costs of charitable activities 2 Governance costs 3 Surplus/(deficit) for the year Cash and bank balances at 1 September 2024 Surplus/(deficit) for the year Cash and bank balances at 31 August 2025	2025 2024 £ £ 4,500 6,587 0 750 16,693 149 810 811
	17,503 1,710
	(13,003) 4,877
	22,734 17,857 (13,003) 4,877
	9,731 22,734

Docusign Envelope ID: 42B28975-17E5-44E0-B2AC-E345DA05D3B2

Runciman Apse Trust

STATEMENT OF BALANCES

	2025	2024
	£	£
Assets
Cash and bank balances	9,731	22,734
Gift aid debtor	500	-
	9,731	22,734
Liabilities
Independent examination fee	750	720
Net assets	9,011	22,014

All funds of the charity are unrestricted.

The financial statements were approved and authorised by the trustees for issue and were signed on its behalf on 24 March 2026.

~ by:

Rt Hon The Lord Hardie

Chairman

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Runciman Apse Trust

NOTES TO THE ACCOUNTS

1. Donations, grants and legacies

Donations Donations from trustees Donations from individuals Gift aid receipts Grants Creswick Trust Total . Costs of charitable activities Conservation planning and work Web design and publicity Construction services Environmental surveying Total	2025 2024 £ £ 2,000 - - 25 - 1,562
	2,000 1,587 2,500 5,000
	2,500 5,000
	4,500 6,587
	2025 2024 £ £ 8,740 - 149 149 3,576 - 4,228 -
	16,693 149

2. Costs of charitable activities

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Runciman Apse Trust

3. Governance costs

. Governance costs
Independent examination fee Bank charges Total	2025 2024 £ £ 720 720 90 91
	810 811