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2025-03-31-accounts

RLGISTERED CHARITY NUMBER: SC.047732 fi e Tru51 ari McL)ou8all JolinslLinL l.iinii¥ C.l)artcred CL'riified A¢c(iunianis S(Niiii0ry Auditor 2811th Si Vinc¢ni 8treel Jl41SBnw CF2 .$ Rl,

Tlie Malcolm Famil Charii con1Ln￿tg f ilie Fii)allcial Stalcinen for the Yeai. F.iided l M ch202 PagL' Refercncc F￿d AdminIs￿aliV¢ D¢tai14 Rq)ort of ihc T'i'u.slees RciK>II ofihL Iiidcpendenl Audiiors %ialciii¢ni of Finwi¢iul Aclivilies 118lThn¢e ShL C'ash Flnw SIRien)enl Nute% io ihe (.'.ash l.'l(piv Siallllnenl Noies to Ihe r,'inanLidl %iutement8 9 to 13 l)eli¢ ileJ Siatemlni ofi.'inanLlal A¢iisiliLs 14

1'h ReferenLe aiid Ad1￿1]115tr8t1ke Details for.tlie Ye ch 2025 TRI:s'fErs PRI,NC.IPAL ADfJRESS ¢lth Ai.¢is AberLOni Ilouse 79 Renfreiv RnAd Paisle>' PA3 4DA RF.G'I.STERED CHARII'Y NI,'MBFR %C'.047732 AIIDII'ORS MLDI)ugall Jolinsione Liiniied (.'liart¢rcd C¥4rtified A¢Lountanis Siaiurory Audilor 2110a Si Viiicenl Sim+1 Cilasgoiv (17 SKI. SOI.ICITORS Ilrodi¢s LLP Cili1Sgniv (il 3HX IIANKERS r4ar¢lH>.% W'edltli Manageii)eni 1 Stanhope Qiuie M,,iyfoir Loiid(In WIK IA Page I

'riie Malcnlm Famil Chari scio ort of the "I'rustee8 tnr 025 'I'he trusie&s prcsent ihcir rcp<>rt with Ili¢ financial statunenL8 ofihe chaTlty for lh¢ y&qr ¢ndcd 31 March 2025. The irnstee$ Iiave 8doptLYI the provisions of Accoiiiiiing wid Reportiiig by ('hariLILS.' StdlLm¥ni of Recommended Practice applieable to ¢haritiLN preparinb iIiLiI' LLC)unts in accoi'dance willi the Financial Rep)rting .%iandttrd appliLabl# in ihe UK and R¢publi¢ of Ireland Ik'R% 1 021 (LffexlivL I Janiiary 20191. STRIICTUR& C￿VERNANCF. AND MANACEMENT Cvtsvei'nin% dociimeiit I'lie chfti'iiy 15 wnlrolled by ils Biiv¢rnirg dociimcnt, a ¢onsiitulion. and constilulcs an SLIO (SLOtLi.%h C.h¥i'ilAble Incorporated Or&flnisarioii). S'I'ATF.MF.NT (IF TRII8TkF,S' RLSPONSIBILITIF.S '[ hL Lrust¢LS ore responsible for prepw'iiig tlie Ilepoi'l DI. IhL I ruslLL4 und thc financial slalements in accordan¢e with &pplicablc law an¢J I Iniied KinLy(lom Accoiinriiig Stand4rds Iuiiited Kingdtsiii l ienci'allw ALc¢plud ALLounlin% l)ra¢iice). Tlie law applicable to chniiiies in SLiiilJnd, the Lhui'iliu ind Trustec Ii)vesinieiil (Scotlandl ACL 2U115. cliuri1lL% ALLuiints (Scotland) Rc#ulfiiioii$ 2006 {as 811)eiide(11 and lh¢ pnivi%inn% (Jl. tliL chariivs constitution. requires ilie Ii'usl¢&q lo prLpar¢ financi81 sl81¢m￿lES ltii. L8cI) finÉiiicig1 year Nvhich Biv¢ a rrue and fair VILW of ihc state of affairs of the chai'iry (￿d of Ihe incoining r¢￿)ulL￿5 dppIiL¥iioi) of I"esouitCs, includiiix (lie incoiML ¥l)d LxpLn(lilure. ot. th¢ Chariry for th81 p¢riod. In prepuring thos¢ tinanciol giniemenls. the inisteN are SLILLI 4uiiublL aLLI)uniinE policies Bnd Uieii apply tl)¢iii ¢oi)sislcii(ly: i)h%LfvL LI1¢ rnLtlii)Ils drd pi'inciples iii die Cli￿lIY 8nKV; m4kL.jiidgcrnenis 8iid cqliillates ilial are r¢&sonable and prud¢ni' IRic ivlicthcT' npplicii ble accoiintinB 5taiidards Iiave bttn fi)Iliiwcd. subjeci ￿ ftny Inaterithl departiirc5 dis¢los¢d wid explainLd in IhL linAnLial siafemei)t5'. pi'cpaic thc fiiifti)cio1 siaieinenls 011 Ihe Ri)iiig LonL'ern basi5 unlo%'s it is inappropri￿e to presumc Ihal Ihc ¢hariLy ivill LxTrntiniie in l)Iisiiiess. 'Ihe Iiiisiees thrc I'eswiisibl¢ for kecpiiig propir #LL(lUllting records whicli disclosc with ￿￿}ndhI¢ ttcL'¥JniLy ul Jny lime thc tin8n¢ial positiuii of Ihe ¢liurilv and (u ¢n&ble Ih¢m tth cnsurc tho1 Ihc finniicial stoiemeTriS Loinply wilh Ihc CharTIic% ¢in(l Trustee Iiivesimeiit l%coilondl Ali 2D115, the C.'huriliL% ALLiiunts (,SLorland) Rc8iilitioiis 2006 aiiienJixll ¥llLI IhL priivi%iiinb ()I' IhL' Lhiirity's collsiiliiiifjii. I'licy arc also rcsponsiblc fiiT safL¥udrding the i?ssets of il)c charity and heiic¢ for takiiig T￿$01]ublE slLI)i liir Ilic i?revLiilinii aiid d¢1¢1liiiii of fiuud ttnd other tlTegulariii¢%. Appix)IrLd h> iir(ILT Ill. IliL hnAI'd ol. Ii'iistccs on 2oi&d %i8ncd un ils IKhalf by., Pagc 2

ort of Ilie Inde endent Auditor.8 to tl)e Trustees of Opinio We huve aiidiied ihe linuncial slalemenl.£ or'rhe Mmlcolm Family Lharity SCIO (the 'charity') foi. the vear ended 31 March 21125 which coinprisL Ihe SiaiLinent of finanLial Aciivilics, Ilic Bal￿￿le SheeL lh¢ Cqh Flow 8(atement c211(I n(JtLS to th¥ Iinancial statemenTs. includiii&J 8 siinimai). ol-.%igynifiLanl accounliiig policics. Ilie finllncial I'eporling framework thai h&$ beL'n applied in IhLir preparation 1% appli¢dbl¥11¢ li, aiid I Iniied Kingdom AcciiiintinLY Siandurd511 Iniled Kingdom c)Cner￿[Y AcL'Lplcd ALcouiiiin8 PraLIiL¥). n our opinion the tii?aiicial slal¢m¥nis'. givL a ii'iie lid fair view ot. the slate of the Lharity'5 atT8irs al I l March 2025 and of il.s incoming resources and application nf r¢sourLeN, foT lh¢ %'Lur Ihen elided- have been propei'li, prL'pw'ed in aCLI)rdance wilh UniL¢d Kingdom Generally Aceept¢d AL'Lounting PracliLL' and l)avL been piiparLd in aCLordatiLe ¥vitl) tl)e rLquirem¥iiis lif Ihe C'.harities and -frusc InV￿lm￿nI Iscorlandl ALI 21105 and Regul¥iii)i? 8 Ol-lhc (-liaTItiCs Aicoiiiits (,%Loilaiid) Regul¢ltion5 2006. AS1$ for opinio re conduLILd our #udil in aLcordai)cL' with Inl¢rnolion&l Siandaj'ds oil Aiidiling (UK) {ISAs {IIK)l and appliLable law. Our 1'¥SlX>I)sihiliiic8 un(ler Ih08C Sliiiidards are furilier desLribcd in IhL Audiior%' iespoiisibililics for Ilie audit of ihe finaiiLilll slllleineni.s seLlion ol. our report. Wi are indepeiidenl (If the cliariiy in acc()rdance wilh the eihical re4uiirinenL8 11)ar rclLvaiit lu our alidil of lh¢ fiiiaiicial sldicmenis in ili¢ liK, IllLluding the F RC'5 F-lhiciil SianLlird, anLI we havc fuifillcd OLir oihLr ethic81 r¥5p{yn￿lbIliIiv5 iji ucLordiinLc iviih thcse reqLl1￿.InLnts. Wc beli¢ve Ilial tlic audil evidLiic¢ we have ohiilined is bufficieni and appropriuie lo provide li basis fui. viir opininii. C.oncluslons relgilng to %oin2 con¢erii Iii uuditiiig (he fiiiaiicial 8tdlcincnls, Ive havL CDI)Lliided thai Ihc tru8te¢s' use of Ihc gnTn8 concern basis of a¢couniing in Ihe prL'paratioTI of thL fiiianLial Slai¥mLI)ts is upproprial¢. Bii%¢d nn th¥ work we Iiave perfi)mied, we have not idenlificd wiy mJtcrial UliL¢rtainiies rc181ing lo ev¢nis or coiidilion.8 Iliai. iiidividii8lly cir collLYlivLly. mav L1151 Slgnilicani doiibi on IhL' charify's ability la (￿1711n￿¢ as a goin¥ con¥en) lor a pcriod of ai Il'asi Iwelv¢ iiioiiths linm when th¢ fin8ncial stai¢mei)Is are aurhorised for is8uc. I)IlT r¢swnsibililics aiid ilit resportsibilities ol. the Iruslees wilh rcspeci 10 80in8 ¢onc¢m ore de.qcribed in the relevlliil yeclion.4 uf this Other InformilD 'I"lie iriisiLe5 urc fLspon5ible fi)r Ilie oihcr iiifom)atioii. I'lie other informaiion compriscs the information included in Ihe Aniiual Rep(Trn, oIIILr ihan the liiiunLial sl+ileinenl% and our RLPOrt ofihc IndLpvndenf Auditors tl?Ly'￿n. (lui, opinii)n i)n lh¢ fiiidnLidl s1411Linenii doLs cover ih¢ oihci. inforn)81ii)11 and, excepl lo the exienl olhcrwiqe explicitly slaied in uur I'eFK>n, we dv not cxpre%% an>. foriD III-ussiii'8n¥¢ LOnLlusiun Ihereon. Iii iuniie¢ticiii ¥viih nui. aiidil of the liiianlial sialLinents. ()ur rebponsihiliiy is In read rhe oihcr inlorn181iol) and. in doing ￿). Lonsidcr Ivli¢ihur tl?r oihbr inlorinalion is Inalerilllly i171onsislcni wilh ilie financial sluiemenL% ur oiir kiiowlidg¥¢ obiained in (he iiuilil or oiheiwi.sL' aPPLai's lu bL mdlLfiglly Ini5siaied. Er i¥'e identify such iiialorial inconsisienci¢.¥ or apparent TTiolerial Inis%lateii)¥nls. Iv¢ urL requir¢d lfi dLILI'ITllll¢ w,IIL'ilILr this give.4 1.ise iu il inalcrial mi.45(dlcinLnl in the finail¢1818laleinLllis th¢niselves. Ir. b8sLd on IIIL Ivol'k wc have pLI'forniLd, WL ci)nLILide Ihui ihei'e is a mdlei'ial 11)iss14teinLnt of iliis othcr inforinalion, WL arL' reqiiired tci reporl Ihlii faLI. Wc hav¢ i1oihi1i￿ to I'cpori iii this rL'¥ard. MAlter5 on which we 8re required to report by ex¢eptlon WL have Iioiliing lo repoi1 in respeL'I ot. Ihc following niaiicrs ivherc the C'.haTilies Accounts (Scotlundl Regulalioiis 2006 requirLs us lo ITFKltI lo y(Ju if. iii oiir npiiiion., the infom111 lion gJivLii iii Ihe RetK>rt Dfthc'lTusiers is inLI?n)islcnt in aJ)y Inaierial rc%peLt wiih Ilie fii)8iILial $14leincnls: or propLr a¢couiiling reLords hav¢ not beeii kLpt.' i)r the liiiaiicidl slatLiiient% arL' not iii i￿rLeMent with the ucLoviitiNg re¢(Irds hnd rellims; or IIL liave Iivl iueive(l ¢111 the infonnaiion and Lxplrf111atioii.I we re4uir¢ foi. oul. auifil. Responsibilities of trustees As LKplainLd Inoiy fiilli iii Ihc St8iLmeni ol. I'ruslecs, Responsibililie& tlie Irustees arL rtsponsible flir ihc i)r¢parcilinn fif the financial SlaiemLTil4 wliich givL 41 Iriie uiid fuir vieiv. wnd lor SllLh internal Lonlrol Ic s IIIL ii'uslees deteriniiiL is neLessrtTr' Io Llliiblc Ihe prLparation of rinan¢ial %llliein¢nls Il)ul arL fr¢u fi%)m miileriul misstaleinenL whLt])er due ID frdud or ermr. In preparing Ilie IiiiiinLl¢il stalciMeni¥ tl)e Ii'u%l¢es arc r¢sponsiblL for [L￿LIs1n8 the ch4rily's ability to Lvnlinuc a% 8 gining cunLcrii. diNclo.sin& a% applicable. niatlers rclatcd t() going con¢¢m anLI u5in¥ ihL gi)ing con¢¢rn l)tt.%is of accounliiig LinlcRs thc trugLIL.S Liilicr Illlcnd it) IiqtsiLl<ili ihL chil rily or iu Cei£ sc operalioii.% (jr have no rulisli¢ aliLrnalivL bul lo do w, Pa¥e 3

e Inde tors to tees of . scio Our reiponJlblllilt¢ foi. Ilie itsdlt of tho flM#n¢knl stllemenis e Iiai'e Ixeii opwiiited #s audiiors uiider SeLtion 44(1 Ilc) nl. Ihe (.'liariile5 and 'fru.qte¢ IAVeSth)eni (Scoildndl A¥1 21)05 arid repori iii aLLordtsn¢tt with ilk .Ici ai)d ielei'4mi regulaiioiis nitrdc or havirtg eilèu thtLtundL'I'. ()ur ohjcciiv¢5 air Icb (Jbioin r¢ason¢lbli 0￿Ul{lAce filNJul wheihei Ihe financial .$ialeiDent$ 4 ￿lI01t are frce troni Inaiei'ial Inisst£lLI)Itni. itherlier diic Iraud ni. ¢riDI", and (o i>%ue 8 R¢port ot the Ind¢pendci)t Auditors (Iiai ii)clud¢&' oui. opinioii, Re&k)iiable %SUI?IJ¢¢ IS Iiigli l¢vel nf h$8111'dn¢L. bill is noi a 8iiJiani¢¢ that ￿ audit Lfjnducl¢d in aecordanci> ivith ISA$ (IJKI Ivill alwfijs detect a Inalerial Inis%t4ileiiicnt i%.l)L"Ji il ¢.¥isl.s. Misslaltttrt¢nts Laii al ise li'on) fraud or ermj. ai)d are ￿nsidered matci'ial il-. individvally oi. li) lh¢ aggreggtc. IIK'Y coulrf r¢&¥<)nul)l> be eX￿cl¢d ro intliieil￿ the econnn31¢ dtclsinn8 1)I'userA iak¥ti 011 Ihe b&8is of th¢ fiiian¢ial Sliii¢menL$. Iir¥8ulariiii$. illLltidinK frrtud. Iiiiantt> L)1 ni)n.coiiipliAne¢ iviih wid rtiul&iion& W¥ desi811 pwceduit&' in line ivith our re¥POnAibiliii¢4 outlined abThv¥, 10 dLilect mai¢i'iÉl i)iiJxiatements in T¥8P¢¢I of irr4uliriiies, induding rrtud. .4 lurih¢f d¢$cripiii)n of nui. Il5POIISibiliti¢.% lor Ili¥ uudif lif tlie finan¢ial SlAlei￿nIs 18 locai¢d thn the Fiiiafttifjl Re￿rIlli1 Coun¢il's bsiie * M'IWi.fi'C.iirg.uklaudiiof.%￿'8wl1SIbIIil1￿4. Tlii8 éLxcriprinn forins i)arl ofour Report of the In¢je￿ild¢n4 Audilni'& l'ie of our repoii .1 li1$ I'ei)011 iy 11)&ide 5o1Lly io ilie ch#riiy's Ii'usl¢L'g, a% & body. in a¢cordanLC Wlth RegLildtioft 10 uf the Chiriiie8 AcL'oullL8 (Scotlaiidl Regulaiti)ns 21106. 1)ui' aiidil iNY)rk l)as been undei'itsken tliai ive Imiglii giatL lu the cliAriiy4 In￿etS thuse mktiei's ive ai¥ rcqiiirL.d to Yl¥i¢ to Ilieii? iii ￿7 aiiJiii)rs' Icpoii ftnd l(Ii' no nlh¢r piii'po¥e. Ii) IIIL liillesi exi¢iii i)ei'iiiiiied by Id¥¥. M'e du iioi uccept 01 nsbiiiiie Ii'spoii.iibiliry' to an)ont oilier than tlie chdi'ity diid Il?L ih&'ity % INSlc¢s a hody, f(Ir oiir audit wfjrk. foT ll)i% r¢purt. i)r lor IhL OPIIIiITrIIS .%ialuri)iy Audiliir ?8na St VinL¢ni qiitei (Jlasgilll CJ2 SRI. l)dLL: Page 4

nded rch 20 2025 Unrestricted fund 2024 Total funds Notes INCOML AND ENI)OWMF.NTS FROM l)i)nalion$ Jnd l¢gdLies 4,56J.262 628.815 Inve%ii)ieni income 64.693 Total 4.629.955 639.931 EXPKNDITURE ON R1¢ Ising lund 13.639 1.742 Cliarltsblt #ctlvltl C..hi￿lInbIl ALIIViIiU% 49.¥114 14.470 Totil 63.S23 16.212 Nel guins on investments 78,539 77.R66 ET INco￿lL 4,644.971 701.585 RECONCII,IA rioN OF FUNDS TL)ial fiinds bTh)Iighi fiirwurd 991.671 290.086 TOTAI, FUNDS CARRIED FORWARI 5.636.042 991.671 The iiotes fonn pait of these financial statements P8ge 5

"rile MiilL()liii Faii)ili' Lliai'iN %L IU L4_41_1411lC 202.1 lJnitsiriclL fund ?0?4 -roial ftii)db FI.ILI) ASSLI'S In¥￿41mlYL 5.?04.(M8 'J¥2.1 ?6 CURRCN'T Asr.TS 441.4.111 1,1.70IJ CRF.DITnliS ,Imoiiiii.s Idlliliki di1¢ li ithij) ()nr >'eilr 10 (8.84$1 NE'I. LiIRRE.NT A.%.SF.TS 'fO'fAL.4SSF,'Pi I,E&% ('IIHIIEN I. I,IABII.ITIF.% $ 6.Ifi,642 991.671 E.T 4SSF.TS 5.636,642 9(11.671 IINDS I Iiir¥%ts'iili¥d fiiiids .1.61(1.642 91)l.lJ71 'I'O'I AL lliNnS 5.C>36.h.12 Yg1,Ci71 'Ihe liiiiiiiLial S1411¥ln¥'nls appTOI'ed b) Ihc ￿}unj vf'i rumees Dnd aulhoris￿fj flir issue i¥ii¢d lin it4 b¥li¢iifbi': and i¥eit 'he iioie5 torin porr of the¥C linAnci81 staieinentb

The MalLolin F Cl)ari sc.[ C sh flow Fnid d 31 March 20 2025 21124 No￿S C.#5h flows from operAting Jttivltits Cash ¥encrated Iroii) opcrations 4.SUS,429 616.770 Nei eash pn)vided bi nrKralin8 aciiviiics 4,505.429 616.770 CAih flowi from iiivestlii8 a¢tivilits Purcliase of lixed ll8qeL Iiii'e.siin¢iits Sale uf fixed asscl ini'csliiiciiis Ini¢r¢qt r¢cciircd r)ividends received 14,151,162) 7,779 1,252 63.441 {627.553) 1,100 631 10,485 Nei La%h iised in inv¢slin8 a¢iivili¢s {4.078.690) 161.S,-137) C.hAii¥e Iii cish (Ash equlvil¢nts In ihe reportin¥ period Cash ind caih equivAltntS It the be8lnnln% of the reportini period 426.739 1,433 14.700 1.1,2(>7 Ciih Ind cash equi%'Aleiils #t the end •f th¢ r¢portlng perlod 441.439 14,700 'riie noies form part of these tIT￿ncial staiem¢nls Page 7

'riie Malcolm Famil L liari SL',10 Notes to the L ash FloK: Stateinent for the Yeai. r.nded 31 Mai'ch 20 RECONCILIATIOII OF NET INC'OME TO.YET CASII FLOW FROM OPERATING AC"fiviTIES 2025 2024 Net illLume fur the reportlng period la5 per the Stitenienl of Fln*Deial A¢tivltie$) AdJu$tiiieiits for: LTain un invL&lmLnis lftiercsi rLLeivLd l)ii'iJei?d5 r¢c¢iv¢d InLrLase in crLdilors 4.644.971 701,585 (78.5391 11,252 (fi3.4411 -1.69U 17 1.866) (6311 110,4Xil 4,167 et tash provlded by oper•ilotts 4,5115,429 616.770 AYAI.YSIS OF CHANCyF,.S IN NET FIIWDS Ai 1.4,24 Cash flow Ai.11,3.25 14.700 426.739 441.4.19 14,7UO 426.739 441.439 Total 14,700 426.73 441.419 'rh¢ noles foi'ni pgrt of tliese fil￿n¢la1 statements Page 8

The Malcolm famil Chari scio Notes lo the Finaiicial Slatements fot. tlie Year Ende￿1 02 ACCOUNTINC POLICIES Basis of prepftrlng the fin&nclal statements 'I'l)e findnLiJI %i¥leniLiils of tlie cliarit),, Ivl?i¢h is a public bcncfii enciry under l.'RS 102, have beei) prepared in llccoi'dan¢e witli Ilic C."l)arilies SORI, (I.'RS 1021 'Accaunling ai)d Rep(krling by Chariiic4.' Sial¢m¢ni ot ReL￿nimClidCd PruclicL &pplicablL 10 hui'iii¢s i)r¢pariiig IhLir &cLounL8 in aLLor. tlic rt'valualioi) ofcerlain &%se(s. Iiicome All incoine is reiogi)ised in the 8iatcmcnl of Financial ALiivilies once the charity has enliilemenl to the flind& il is pft>buble Ihut Ihc inL(ImL ivill lic I'LLcivcd ai)d iliL ainnunl C1r 11 bL Iheasurcd r¢li¢lbly. l.iuhililiL% are rcciignisLd expenditiire 8¢M)ii there is a legal or eonslructive obliglliion coininiiiing ihe Lharily lo that expendiiufL'. it 15 prthbablL thai a transfcr ofccononiic h¢ii¢lil.% will bi Tuyuircd iii settlem¢iil and the &iiiouni i)r IhL obligiilion Lan be Inc<18LifLd liliably. l-, xp¢ii(liiure is aLLoiinied for i)n 81? #LcNal% basis ftnd h&4 be¥n classifi¢d uiidcr hcadings thai &ggr¢gate all psi rcl(11ed li) IhL category. WhcrL CO%ls cttnnfil bL directly altribuled lo partiLular he#din&s Ihey have been allocuiLd io aLtivilics ni) a btlsls LDn%istLYII w'itli the iisc Iifresources. TAXlItio I'hL Ll)arily is exempl froin lux 011115 charitable activities. Fund Accountiiig Llnre.%iriLILd funLls c&n b¢ us¢d in llccordoncc with th¢ ¢hnriliibl¢ objeLl1v￿ al Ihe discrcLit)ii i)fihe Iiwstce.8. Ilc8lricled 14inds Ltsn onlv ix. IlSL'd fi)r poi'ticiilar rcs11'iLled puryx>s¢s within lh¢ objellb of the L'harily. II¢siriclion.$ arib¥' whci? sp¢LifiLd17) Ilie doni)r or wh¢TI luiids lire raised for pui1i¢ulor resiricicd purpase.q. I'iirihcr cyplunaiiiin ofihe nature and purpo$c i)f caLI) fund is includell in th¢ Tlotcs lo the fin#nLi#l %liii¢iThenls, DONAI'IONS AND LEGAC.IF.S 2U25 2024 l.eg¢ieie5 1.565,262 62¥.Xl 5 INVLSTMENI. INCOMTr' 2025 21124 Asset - l.isied inveslincni Bank illlcrLSI fL￿elY(lb1L 63.441 1.252 10.485 631 64.693 Page 9

ema colm F8 il Chari scio otes to tlie F in8nci,21 Sthtement5 - Colitinued f(Tri' the Yeai. F.nded 31 Mai'ch 202 RAISING FIIND lttl'estin￿lt maiingernont Cost$ 21125 2024 Poi'ifolio iiiJiiug¢ineni 13,fi.lQ 1.742 CHARIT AIII.F. ACTII'ITIES COSTS Support osts {5ee note 6) Direct Cn5ts I'otals C.hariiable ALlivili¢s 45.0(lQ 4,IIX4 49.884 SLII)PORT COSTS tioveniance costs Lhui'iiable ALIiviiiei 4.X84 TRUSTE.ES' REML,NF.RATION AND BF.NF.FITS 'riiei'c ii'LI'¥ nll Irusi¢es' rL'in151)¢ralioii or oihLY bthiclils l(>r th¢ year clldcd 31 March 21125 nor tor thc year ended 31 MArch 21124. Ti'ustees, eiiien¥es 'I'hei'L W'LI'e n(? trLisle¥ts' ¢ll￿1)Se$ paid t(Ir Ihc Y￿1, cnded J l March 2025 nor foi. the y¢¢ir ended .3 l Marcli 2024. C'ONIPARATl￿￿s FUR THE STATENILNT OTr" FINANCIAL AcfiviTIFS Unreslrictcd fijnd 1￿COmE AND F.NDOWMlI NTS FROIM th)i)gtionb 4th111¥8PLies 6255.815 Invcstii)eiii iiiLom¥ Totthl 6.19.931 EXPEYDI'fi:.RE ON R¢liSili% lui)ds 1.742 Ch#rilAble Activiti C'.liiiiiiahl¥ ALtii'ities 14,470 Total 16.212 Nci gair15 011 inv¢51tnei) 77.866 Tr.T INCOINIE 701.585 Pagc 10

ri eFin ncisl tatemeii Mai'cli 2 ntinued for ihe Y COhlPAIiATl￿Es FOR THE STATEMENT OF FINANCIAL Acfiv11"IES- tontlnued Unrestricted fund RF.('.ONCILlplTIO% OF FUNDS Total Ainds brouglil loii%Ji'd 2911.086 TOI'AL >IIyI DS C".ARRIED FORWARD 991.Ci71 FIXF.D ASSLT INVESI'mE￿ys l.ist¢d investiiients MARl¥ET VALII Ai l April .0: AddiiiLin.s l)iJP(Trsalb 982,126 4,151.162 16.C)5YI 77,419 At 31 Nlai Lh 2025 5.204.048 NET BOOK VALUE Ai .1 l M&'rl) ?02.5 3.204.048 Ai 31 Nlai'ih 2024 98? 12(? 'Th¢r¢ w¢re nt) invcsimeni asSCis ()Ulside the IIK. Co%1 or Yuliimiion ai 31 March 21125 is Irpre￿illed by.. Listed invesimei)tg VAlualion in 2025 5.204.04f4 CREDI'foiis: AMI)IINTS FALI.ING DIIE WITIIIN ONE YIAR 21125 2024 ()di¥f Lrc(lilors 8.1145 5,155 Page 11

Th M81 olin Famil Cliari io it) ncial tatem ntinued foi. the rc ii. MOVEMENT I￿¥ FU,YD.S Net moveinent in funds Ai 31.3.25 At 1.4.24 Vni'e5trlcted funds CJenLrnl tiind Wl.671 4.644.971 5.636,642 TOTAL FUNDS 991.671 4.644,971 5,636.642 Ncl moi'cineni in fuiids, inLlude(l in the above are a% follows: Incomtng resources Resources expended Gain8 and losses Movement in funds Uni'vtrlcted f￿ndS Crciier¥l lund 4,629.955 (6.3.J23) 711,539 4,644,971 TOTAL TrL'ND 4.629.953 (63,523) 78,539 4.644.971 Cibnipirativei for movement ITr fundi Nct movement in funds Al 31.3.24 At 1,4.23 Unrestrlcted funds Ciciieral luiid 290.0¥6 701.585 991,671 TOTAL FIINDS 290.086 701,585 991,671 (.'ompur•iiYL nei Inovemeni in funds, iiicludLd in Ihe abovc twe as fnllowi.. Incomin8 resource5 Resources expended Crains and losses Movement in funds Ilmr¢strlcttd funds (ienerdl ILiiid 639.931 (16.2121 77,1466 701.585 TOTAL FI',NDS 639,f)31 (1(1,2121 77.866 701.585 Page 12

'rhe ,Kqalc ai il Lliarit oi 8 t the F inancldl Slat¥ments - conltnu toi. the Y ar b.nded arcli 2025 L¥ION'EMENT IN FUNDS- contlnutd A oJrrL'nl ytlT 12 months and prior ytsr 12 n￿Trihy con)bined PO%iliotl 15 ￿ folluws.. Net movenicnt in funds At 31.3.25 At 1.423 Unrtjrrieted fvndi (ientrnl fui)d 290.086 5,346,556 5,636.642 TOT AL FLINDS 2IXJ,ts86 5.346.55t* 1,636,642 A eurreni yc81' 12 nionths and prior ye#r12 IN)nihs combined net movemenl in tlmd& included In the Abov¢ arc as follow¥', Incoming resources Resourc expended Gains llnd losses Nqovemenl in funds Unrtrfrltttd fuiid$ Crfneral fund 5.269,886 (79,735) 156,405 5,J46.JJ6 TOTAL FL'NDS 5,269,886 IPJ.735) 15fi,4n5 5,346.556 12. RELATED PARTY DISCLOSU'RLS 1'11i C Ii.Iril) pay.% 1924 for pmf¥5sionol SCTVILCS froin A7ets (fornierly Milne Ci'aig (.'hdrtcr¢d A¢¢ouiitant51. of whiLII Pdge 13

The .Male()Iin Fa711il Chari Detailed latenienl of Finan ialA 'livities for Ilie Year Lnded 31 Mai'ch 2025 2025 ?024 I.NCOME AND E.h4DOWNIENT.8 Donation¥ and l¢8Mcie$ l.Lgacies 4.565.262 628.xl 5 INvesiment in¢om¢ Ilssei - l.isl¢d ini't.%tm¢ni 13unk iniercsi ￿Ge5vable 63,441 1,252 1{1,48.5 64.693 Tntal Incomln8 resnui'ces 4,629.9.$5 639,9.41 FXPENDITIIRF lThvestmei)t niRnAgement costs Portfolio liidna&imL'ni 1.742 Chirltoble Mctlvlties L)uli￿l￿n$ i))ud 45,nOII 10,0 Support cilsts GoverttAn¢t cusls Auditors, rLiniineTkiiiiin AcLX)un(anc>' Ices 3.960 924 3.6QQ 8711 4.8R4 4.470 l otal resourLes expLnd¢d 63,523 16.212 Nel Ineome before 8aliii ind loJ5e¥ 4,566,432 623,719 ReAli$ed r¢coRni¥￿1 Jnd105sei RLiilisLd gains'l lo.%¥Lsl on fixed llssel iiiw¢siin¢nis 1,120 19 et Inc￿Me 4,567.552 fi23,738 This Pdge does not forin parl of the slaiuthry finaneial sialement8 Page 14