If
ORGE & NELLIE
CHARITABLE
REPCIiT ANO FINANCIAL STATEMENTS
FOR THE Ywi TO 31 M4RCH 2026
CHARITY NO. SC048S45
1LM) unt￿ Stre
ABIO 7QR
RJW318324

& NELLIÉ wH￿E CHARITABLE TR
TRUSTEES
p￿OrkInS TNst••s Umit•d
100 Unlon Strggt
Aberdeen
Charfty Number. SC048545
Secretaries aThJ Sollcitws
Messrs Pe18rkins
100 Union Street
Aberdeen
Bankers
The Royal Bank of Scthand
78 Urvon Street
Aberdeen
Stockbrokers
LGT Wealth Management ￿mItsd
Ong Lcchrin Squa
92 FoLmtainbnd9e
Edinburgh
ÉH3 g)A
Tawse and Partners, C.A.
18 North Silver Street
Aberdeen

GEORGE & NELLIE WHYTE CHARITABLE TRUST
PORT OF TH
TRUSTEE
YEAR T
1 k14RCH
The Trustees h8v8 pleasure rewt al￿ slatwents of the Charitab￿ twsl f￿ the year lo
31st March 2026. The financlal statements hav• b8en prepared in accord￿ vAth the accountir¥J pc4iues set out In nota 1 to
the accounts and comply tmth the tharitys Tnjst De&J. Ihe Charities and Tnth Investment (Scot1￿￿} Act 2￿5. the Charity
Accounts (Scotland) Regulations 21Xfj and ts StatWTVrt of ReLwirneNled Pra¢ti¢g: Accowlin9 arKI ReportiNJ by Charibes
2005.
Struclure, govwnance and manag•m•nt
Thè Tmst was Crea1￿ by a Dé•d of Tmst dated 191h & 2Cth D•cath 2017 m9iSt•rnd In BoL*s of
CouncAI & Session on 2nd November 2018.
Thg initial Trustees 4)poinled in the said Oeed of Trust Tnjstees V•il be nominated and app(inted by the
exIS￿￿3 Trustees. n￿eSsary.
Tha Trust thjes not aciively fun(traisa and seeks to conkn￿ the thlantl¥opic d•sired by th• (loThN thrwgh carefiA
slewardshlp of its exislirvj re80urces.
Trust purpos•s and obJ•dlv
The Trust Was Sot LP by the purpose of payir¥J the to bCd￿S ￿ registered Ch￿lIable
Trusts wthin lh• Arna of B￿efft. le. Aberde8rt CAY. Aberdewth and Moray Local AUth￿ty Dthds and Ih•rnaft•r,
•lswkn8re in Scodand. the choice and the arno￿t$ to b8 detaMIn￿ by th• Trust•8S.
Flnanclal Informafjon and future d￿lOPments
All of the funds are restrkted. There was a defiat of l￿dS the period amounting to £7.39512025- surFlus of£8.1871. To
this fryvre. £Nil12024- £Nill of realised Investm￿ gwns and £168.885 of ￿r￿ealised gairts12025- £51.303 of unrealised
IC5￿$) on revalLwb"on of inv951merts have begn add•J. grfft3 a td¥l in¢reas9 in fvThJs for th? year of £161.49012025.
decrease in fLThbs of £43.1161.
Thè Truste&s ￿11 b? me￿ire to cmgder fc*lthJwg frni Ch•rital)18 Organisalbx$ ar•J ¢0 allo¢ale1he
appropiiale funds.
Investfflent polkcy
The obiectives of the Tn￿t88S at the wes￿1 Iwne to wNest I￿ tntst in fixed inler8st boThJs and equity
8harehddlr￿ wth a vithvto wodUcir￿ a balanced gr(Mth of both capilal and ￿￿Orne.
The Trustees aim to disthbule all ￿ substsnllalty 81 ofthe w￿ual i￿orne. less eypm& for tntsl wrposes. The
Iru3tee3 meet orKe annualty to consider applications aTrJ lo sdect suitatd8 charities for a53iStwhce. The minutss of
the vnnuBI m¢8knn9 ¢onlain lu¥ dela45 of ￿ qhthdxrti(￿ yeed by Tn*tees.

GEO
HA￿TA
REPORT OF THE TRUSTEES FOR THE YEAR TO 31 PAIR
Trustees. regponslbllltles
applicable and United Kingdom Standwts IUThied Kir¥Jdom Generally Accepled Accountiro Pracllcel.
give a a￿1 fair view of ihe stste of aff¥¥s ol Ihe d￿rity ol the Ir￿￿m￿ reswrces and appkath)n of resources of the
¢harlty forthat paih>J. In pra￿￿r￿j thesè ffinaneid stat*n*ts. trustÈ•s ¥e to:
ob￿rVe th• m8ttK>ds arml prindplas In th& Chanti•s s￿9p FRS 11Y2'
. state wh*her appI￿a￿e stsrthrds have been fiAkyhvJ. to arry Mat￿la1 depwiw disdos&J
and 8xplained ￿ the financ4a statements..
ill ￿tI￿a in operation.
The twustses are respJnsWe for wperaccrAxlirvJ ￿¢¢y￿S th41 thsdose *ith fvaS(￿abl¢ accura￿ al any t¥ne lh¢
finanaal posItic￿ of the charity and enable Ihem to erwjre that the fin￿￿la1 statements Cl￿pIY vAth the Chartties and Trustee
Invèstmènt {Scotlandl Act 21)JS. th• Charib•s Aeeounts {Scthandl Rèjdations (as amAdadl and thtr provisiM$ ol t
charity's con51itutson. They are also resp￿s￿le for safewardry Ihe assds ofth8 ch• and ￿ce f￿lakry reasonable steps
for Ihe preyenlion ar￿ detecth)n d fra￿1 thr irwularilies.
Rl•k Manag•m•nt
fina￿9 of th8 Tfust. aryl *e satlsffied that S5*11s are in plxe to milw ey4xwe to th• m8lw risk&
Rv•rv•8 poIIcy
The resorvès al thè yèar tclallod £2.189.72912025- £2.028239} aThJ represerts b)th thè ¢apit81 and r8venuo balarKe. Th•
tsust88s afe not empLhwed to oncroach upM thècapital balar￿ of thè total fuThls. Tho funds applica￿0 to iev8nue are
£91,253 {2025- £63,994) and as the aim to distriKrte ir￿, llis level of feverth is cA￿S*￿ered more than
adequate to meet tho on￿lI¥j r*wiremenls of tho Tntsl.
Apyrovod by thè Tntstaes 8igned on boh&Y ty..
TRUSTEE

GEORGE & NELLIE ￿N￿E CHARITABLE TRUST
INDEPENDENT
XAMINER,
PORT F
EAR T
I report to the charity InBtees my exarninat*Jn ofthe the ojnpany for Ihe year ended 31 March 2026
l)ith are Set wl on page$ 5 to 11.
R￿PeCtIve r•sponslbllltles of trw5t•￿ and •xamln•r
The tharity's trustsgs aw responsible the preparati￿ oftrp accrAmts in accord￿ th Ihe ter￿5 oftho
Charfbes aThJ Tntstee Investment IScollaThJl Ad 2005 and Ihe c1writi￿ Accounts IScollaThJl Regulations 2Crf)6.
The Charity trustses consider that ￿ al￿11 requirement ol RgJjIati￿ 1Crf1> lal to Ic) of the Acewnts Regulati￿$
not apply. It is my rnsponSib￿lty to txamhnè th8 aCCOLffits as thdèr Sédi￿ 44(1) lel ol thè Acl aThJ to
stale whethef paiticLdar matters have come lo my allert￿.
Ba81s of Ind•p•ndthtt •Mmln•r'8 Stal•m•nt
examination is carried wt in aCCc￿tsr￿e with Re￿￿t￿)n 11 olthe 2[￿ Acccawrts Regulab(m An examination
iFKludes a review of Ihe ac£ounting r￿￿5 kept by the tharity a cc¥nparison of a￿Unts presented
those records. It also includes C￿S￿jeratil)n of any wmffjual d1sdc*￿S li the accounts. and seeks
explanaiions from tr￿ee$ C¢￿￿eM1￿j any mattw& The ￿￿C￿j￿reS undertaken do [￿t provide all tho
videnea that b¢ rnqlM￿j li gn authl. ¥#J th) Jyrt exprèss an audit opinion on tho viéw giv•n by
Ihe aLrounts.
Ind•p•nd•nt •xamSnw's statam•nt
In the course of my examinticffl, Th) matter has C(￿ to my altert1￿..
1. vthlch Elves me reasonable cause to believe that in any materil iespe¢t the wuir&)ients'.
. to keep act￿nti￿ ￿cOldS in aCa)rd￿ *ith Sedion W11 la) of the 21NJ5 Ad and R￿Ulat￿n 4 of thè
2008 Accounts R•gLdations.'
. and to prepare accounts wlich *ith the accountry r￿￿NdS aTrJ ¢)jrry>Iy￿iIh Regulalicffl181
of tl* 21Y)6 Acc¢xJnts ROj￿alI(￿,.
have not been met" or
2. 10 Ithith. in my OFinion, attention sh(￿1 be dra*n kn ¢Nder to enable a wcwuThJerslandYvJ of the accoLm15 to be
Gwe Brc**n
Chattsr8d Accountant
Insthtut8 of Charterad Accountarts of Scdand
Taw%• & Partritrs
18 North Sl¥w Stre
Aterdeen
AB10 IJU
23 Jts4

RGE & NELLIE WHYTE
ITA8LE TRUST
STATEK4ENT
F FINA
ncludin
Irthme and Ex
IALA
diturn AceoLmt
TO 31 fvWICH 2￿26
2tr26
INCOME FROM
Exeeutry A¢ts)unt
2.426
In¥estrnBnt ￿￿orne..
Dividends and Ir*es¢
57,757
TOTAL INCOME
55.546
EXPENDITURE ON
Cost of 9¢neratirYJ furttts
Charitable aCtiVit￿-
Oonations to Char￿e$
33.219
25.420
2,867
14.sc
4.277
TOTAL EXPENDITURE
62.941
51,996
NET INCOME AND NET ￿)vEMENT IN FUNDS BEFORE GAINS
AND LOSSES ON INVESTMENT
7.395
8,187
Realithj Imiestsi)ent gansplosses
Urnlls8d {lossVg8in w reV￿￿tIon of Irwe5tmenls
188.885
51.303
NET MOVEMENT IN FUNDS
181.4
143.1181
Total funds at 1 Aprfl 2025
2.028.239
2,071.355
TOTAL FUNDS AT 31 N14RCH 2026
2.189.729
2.028,239
All ofthg above fvnds are reslrfthd.

GEORGE & NELLIE wH￿E CHARITABLE TR
BALANCE
T AT 31 MARCH 2026
FIXED ASSETS
Investments at Markel Value
Cost £1,839,645
2,182,689
2,W28,611
CURRENT ASSETS
Cash at bank
LGT Wèalth M8n8gament
- Income AccoLmt Cash
7.526
478
11,391
18,917
10,830
11,308
CREOITORS.. AMOUNTS FALLING
DUE WITHIN ONE YEAR
11.677
11,680
NET CURRENT ASSETS
7.040
372
TOTAL ASSETS LESS CURRENT LIABILITIES
2.189.729
2,028,239
NET ASSETS
2 189729
2.028,239
FUNDS
RgpTesented by.
Restricted Funds- Caixlal
R8Strict8d Funds- Rw8nue
2,098.476
91.253
1.984.245
63.994
TOTAL CHARITY FUNDS
2,189.729
2.028,239
The accoLmis ￿ere 4Jproved by ￿ Trustees
beh8M by'.-
L fvtrJ
2026 aThJ sI￿d on their
TRUSTEE

EOR
NELLIE wH￿E CHARI
LE TRUST
NOTES TO THE A
NT
RTH
YEAR TO 31 MARCH 2
1. ACCOUNTING POLICIES
(al Basis of AccountiThJ
The accounts lfinandal stal9m￿l have ljeen prepwed mjer fv Wc¢F¢I ry)St comienlion *ilh rtems recogni58d al cost or
transadlon value ￿lesS otherwise stated in the relevart noHsl to these ￿￿rts. The f￿a￿aal statements havg been
prepared in aCC￿3ne• the Statement d R￿r￿le￿a￿d P￿t￿". A¢¢￿tir*￿ and Repcmtirrfj by Charities preparirvJ their
a¢ts)unl$ in accc¥dance v￿th the FThnual RepoitiTh3 Standard applicatle n thè UK and Reput4￿ of IrolaThJ IFRS 11)21 and the
Flnarrial Reporthng Stsndard appwe in the Lh¥ted Kirwlom Republic of Ireland {FRS 1021, the Charities Trustee
Inve3lment (sc￿land) Aci 2C(15 Chariti8s AC£(￿ (SC￿la￿lI R￿J￿￿(￿lS 2(￿ la$ 8n*NJwJl
Thè trusteès ts)nsider that there are no maleri* L￿certaIn￿eS abr￿ the Tnjst's abllty to continue as a goiThJ ¢on¢wn. With
respect to Ihe nèxt r•portir¥J yèar. 2024-25. th• most #r•as of un¢ertsiW Ihat affect the value of assets hdd
by the Twsl a￿ the level of inveslment retwn the perfcffiwts crf inv8stm•nt m*k•ts Iséè the invèstrnènl pojlcy and
perfomiance arKI ri8k secti￿¥ I￿￿tee5. rep(¥t for more Wrf￿fflatM)n).
The fIn￿da1 slatwwwt are preserW w) sl¢rlwvJ is fv lUndp>￿ the aTrJ Tour￿ed to the newest £.
(bl Re¢cm¢ilialM)n wilh previous Statement of R￿(￿nrn￿ PraL*e
In prepariThJ Ihe acco￿ts. the trustee5 have aFPl￿ the acc4)urtirvJ pc*i88 r•quked ty FRS102 tho
Charitie5 SORP FRS 102 a reslatement cl ccfflparatfrie itemsmos rwdod. As IIp5e firt accounts. Compa￿1￿
It•ms ar• available.
(¢1 Cash flow statement
Idl In￿m* recogrMIi
All Ineoma 1$ reco3nised once the charity has w￿llen￿nI 101he irKome. rt is prc*able that the VAI be aThJ the
arnount Of1r￿m￿ ree81va￿a can bè measurnd ￿l8bfy.
Interest on f￿(ts hekl ￿ deposit induded reL*ivth arKI the be meaued reliabty ty Ih8 charity: thls Is
I￿rmalty ￿on notification of Ihe interest p*d or payable by the b¥￿. tlivkJeThJ$ are recogniseil rxKe the dividend has been
dodar9d and nolfficalion has been recwed of tho is Up1￿ notifica￿ by c*Jr IrNeslm8nt a(fvlw ol
the divrdend weld of the investM￿tt p￿￿01[0.
(el Expenditur• recoanlthjn
Liabilitie8 are recognlsed as ewliture as s(th as thern Is a ￿1 ¢onrriilir¥J thB charlty to th
expgnditure. tt 1$ wobable that 8etUemw* ￿ be the ol ihe oblh3aticm can be measureAI rellabty.
All exp8ndiiLTr Is accrymled frs on bag5. Al exp￿￿ wE¥tcosts costs are all￿1¥d
or opporlonéd to th• appl¢abl8 •wJrvJilur• IwdiTrJs.
Thtr charity is not entitled to any VAT. iTheco¥•rabla VAT is • a9artst a4)w￿rtL￿ h•adiro which li was
Incurred.

TH
NT
FOR THE YEAR TO 31 MARCH 2026
1. ACCOUNTING POLICIES IconUMed}
(Q Realised g8ins aWKI1055g
All gains and losses are taken to the Slatemert of Fina￿1 Ad1Vit￿ as they artse. Realised gairs and losse5 on investrnents
are ca1cl￿ated as the difference sales W￿d5 WKI their openirvJ canyry value or th￿r pur(*aso value if acquired
subsequent to ￿ ffirst day of ffinawal year. Unrealised gains k)sses are calcLlated as ￿ difference be￿￿en the falr
valu8 at Ihe year end and their ra￿yry value.
Ig) Taxatkjn
Th• Twsl is a ￿151￿red Charity in ScoU¥ThJ •rKJ is exwnpl frryn tsxat
{h} Allwalion of 5UPPOrt arKI g￿emarTh costs
Support costs have been all￿ted bets￿en govemance co* a￿1 L*h8r sivt#Nt costs. Govemance c4)sis c{￿priSe all cosis
irwolving the public accountabihty of the charity and its compliarTh ¥bilh wulaticffl go)d praclice. These wsts include costs
re98tsd to 8tsttAt*y a￿tht and Iwjal fee$t(¥8ltrwvAlh an 0Kw1KX￿ of and S￿Ort costs.
01 Costs of roislng fvnds
Thè eosts of g•n•ralrwJ fur#Js eonslstof Snv•slmwrt management and cwlain legal f￿.
l Fixed asset investmwrtS
Investments ¥e a foTh of basic financaal arnl we iiylialty at theirtran5actKm ¥ak* and subSequen￿Y
measured 8t their fair v•lu? as al the balarKe sI￿t dats Iho ch)sirwJ qwtgd mawket pri¢0. Tho Stalemerrt of finanoal
adivibgs rndudes the nel gains and loss¢$ arBing cn revauatw •wJ thsposals thrOWJhc￿t ts year.
The Trust dces not acqulre put opllons. derfvthes or ttscompbex kthmen
Th• maln fomi of fina￿la1 risk facèd by is Ihat ofvolallty in 4LNty martets instm8fbt markets due to vAder
economic conditions. the altitude of invesiors to imiestrnewrt risk. and changes in Se￿ment cOr￿eming &]uikn and within
parti￿lar sect(¥s or sub se¢t(Ns.
Tho fixed 88sel inveslmrts ir￿￿je ¢8sh l￿d a maturrtyof less than >*ar.
(kl CTe(*tor payable year
Credltors %￿h no statsd interest rate and payth*il1*) c¥)e yEarare rttorded at transxtKJn wKe. Any los￿ ariswvJ from
imp8iment art recLgnisthJ in exp￿￿11￿￿•.
11) Funds
All Income aNI exporxlbn is d￿¢ 7h41h ItwwJh th• of Adi4fitS&s. Thè fuThls are dassified as rnstrictod
(unds subiect to th& SpeUr￿ tenns declar*J by Ihe dTh￿r.

GEORGE & NELLIE WHYTE
HARITABLE TR
FCII THE YEAR TO 31 KIR
2. INVESTMENT INCOME
202
Net di¥iderKI8 and interest from sIr￿s,
and shares Inote 7}
Bank deposit interest
57,440
317
57.757
286
55,546
3. COST OF GENERATI￿ FUNDS
Secretarfal fees
Standard Life m8n•Jement fee5
19,847
14,807
34,654
18.471
14.748
33,219
4. CHARITABLE EXPENDITURE
AJI cvThenl amual commitments to dCrfHtiU￿ to th￿ilIeS as agreed by ts Trustees at tsir mo&t*vJ
on Ito b8 arraNJ8d) have b•an meL
5. DCMTIONS TO CHARITIES
Read for Good
FrnserbLwgh Acad&my
ereakthrough T1D
Th¢ Engin$www Dgvgkpment Trnsl
The Butterfiy Trust
Flf• C8r8ts Centr•
Scottish Action for H&
The House of Glasgoyw Children's Hos
St Margarets Sthol Gkts
In￿arth COMM￿lty Centre
Tour•tt• Scotland
TLC Foodbank
North East Lrf Seott8ThY S¢h¢x)l Ltd
Edinburth Science Centre IGeneratkJn Sdar￿)
Somebody Carg5
QuaNieTS (Aberdeen Befrfending N¢tsL•*l
2.000
1.Tr)0
3.￿0
2.000
3.OOD
1,OCO
1.955
2,0￿)
1.SCKJ
1.othj
1.0
1.965
2,OCIJ
25.420
14.5Crf)
6. GOVERNANCE COSTS
Secr8tarial fe85
Audit fee
Indep￿dent lee
1,847.00
1.020
415
4,277
2,867

GE()RGE & NELLIE WHYTE CHARITA
LE TRUST
TE
TO THE ACCCiINTS
FOR THE YEAR T
31 MARCH
Cash &
ed
Cash
Inve￿[nents Equivaknnts Tots
7. INVESTMENTS
Cost or Valuatw)n
At 1 April 2025
Movemènt ￿ cash
Additions at cost
Disposals 8t cost
Unrealised gainlloss on revaualk¥i of Investmw
ma￿et value al 31 M¥th 2026
2.C(11,970
26.641 2.028.611
(14.8071 (14.8071
168.885
2.170.855
188.885
11.834 2.182.689
CarryiThJ ￿rrt..
At 31 March 2026
2.170.855
11.834 2.182.089
At 1 April 202S
2.(KJ1.970
26.641 2,028.611
Inve*ment at fairvalue Comwsed:
Equthes
Fixed Interest securit￿$
C8sh held wthin the investment
2.170,855
11.834
2,182.689
Al investments awe caryie(J al th￿r fair value. Inveslrnenls ￿ equbes a￿1 fixed M￿stMent s8o￿ties are all trad8d In quot•d
public markets. prtm8rity tho London Stock Exdwry. ￿￿￿￿ngS in c￿￿￿0￿ ￿VestMent knds and open-eTrJed investment
compar4es are at the bid price. The basis ol fair valu• fer qLKA•d Investm￿ i8 eqim¥aI•￿ tr& th• mwket value, using bid price.
As881 sales and PL¥thases are recogNsed at the dale at¢i)st
The signlfican¢¢ of ffina￿al to the oTrwiThJ ￿StainabIlity rf th• Charity is cCV￿tsr8￿ in the ftnancAal r8vithv
and investment pcAicy and perfcrnr￿e seLtions oftt* Tnth. AnN¥l ReF*Jt.
8. CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR
20
Acc¥uals
11.877
11,680
10

GEOR
wH￿E
HARITABLE TR
NOTES TO THE ACCOUNTS
YEAR TO
g. RESTRICTED FUNDS
Capital
At 1.4.25
Capital Inv8st•d
unr8a11￿I gain ¢Jn revaluatKJn of
Transfer to Revenue
Al 31.3.26
1.964.245
188.885
34.654
2,098,476
Revenue
Al 1.4.25
Net incomè
Income from executry Thiested
Transfgr from Capilal
83.994
17.395}
At 31.3.26
91,253
Total funds at 31.3.26
2.189.729
Rtprèsertted by..
Investrnents at cost
Investment Revaluabon ReseThe
Nat eurrent 8s88ts
1,839.645
343.044
2.189.729
The Twsiees cons¢iler all knds pi*y to this date lo be ¢*1.
10. TRUSTEES. REMUNERATION
Peted(ins. sO￿rAt0T5. manage lh¢ C￿ritable FLNMvJakn and I￿e￿ for the w¥Jeriaken
in line *iih nonnal business pracfice.
11