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EQ CHARITABLE TRUST ACCOUNTS FOR THE PERIOD ENDED 30 JUNE 2025 SCOTTISH CHARITY NO. SC048898
EQ ACCOUNTANTS LIMITED CHARTERED ACCOUNTANTS, DUNDEE
EQ CHARITABLE TRUST
TRUSTEES’ ANNUAL REPORT AND ACCOUNTS
FOR THE PERIOD ENDED 30 JUNE 2025
CHARITY NAME EQ Charitable Trust
CHARITY NO
SC048898
TRUSTEES
EQ Trustees Ltd (resigned 19 December 2025) C McKenna (appointed 19 December 2025) J Rogers (appointed 19 December 2025) A Kelly (appointed 19 December 2025)
CONTACT ADDRESS
Unit 14 City Quay, Dundee, DD1i 3JA
APPOINTMENT OF TRUSTEES
The Trustees are appointed per the arrangements in the Deed of Trust.
A corporation may be appointed as one of the Trustees and any sole Corporate Trustee must always have a minimum of 3 Directors, and may not be remunerated.
GOVERNING DOCUMENT
The Trust is a charitable unincorporated trust and its purposes and administration arrangements are set out in the Deed of Trust.
STATEMENT OF TRUST PURPOSES
The Trustees shall hold the Trust Fund for charitable purposes exclusively.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Trust was established by Trust Deed on 6th September 2018.
The principal object of the Trust is to hold funds for charitable purposes only. The Trust is held and administered by the Trustees, EQ Trustees Limited (company number SC606267).
The Trustees at their sole discretion hold both capital and revenue funds for charitable purposes only and shall make payments therefrom to any person, fund, institution, or society who is qualified to benefit from a gift for charitable purposes. The Trustees must invest Trust funds in such a way and manner as they think fit.
No Trustee may serve as an employee of the Trust and no Trustee may be given any remuneration by the Trust for carrying out his/her duties as a Trustee.
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4 March 2026
EQ CHARITABLE TRUST
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES
FOR THE PERIOD ENDED 30 JUNE 2025
I report on the accounts of the Charity for the year ended 31st January 2025 which are set out on pages 4 to 6.
Respective Responsibilities of the Trustees and the 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 ("the 2005 Act") and the Charities Accounts (Scotland) Regulations 2006 (as amended) ("the 2006 Regulations"). The Charity's Trustees consider that the audit requirement of Regulation 10(1)(d) of the 2006 Regulations does not apply. It is my responsibility to examine the accounts as required under section (44)(1)(c) of the 2005 Act and to state whether particular matters have come to my attention.
This report is made to the Trustees, as a body, in accordance with the terms of my engagement. My work has been undertaken so that I might state to the 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 for my work or for this report.
Basis of Independent Examiner's Statement
My examination is carried out in accordance with Regulation 11 of the 2006 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.
Independent Examiner's Statement
In the course of my examination, no matter has come to my attention :
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1 which gives me reasonable cause to believe that, in any material respect, the requirements : m to keep accounting records in accordance with Section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Regulations, and
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m to prepare Accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Regulations have not been met, or
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2 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the Accounts to be reached.
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Mak Glld- CA.
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Mark Gallacher CA 10 Argyle Street Dundee
Date : bY Merck 2024,
:
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EQ CHARITABLE TRUST
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STATEMENT OF RECEIPTS and PAYMENTS
FOR THE PERIOD ENDED 30 JUNE 2025
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|---|---|---|---|---|---|---|---|---|---|---|
|NOTE|2025|2024|
|Unrestricted|Restricted|Total|Funds|Total Funds|
|.|.|
|RECEIPTS|
|Income|from|fundraising|activities|5,169|-|5,169|2,964|
|TOTAL RECEIPTS|5,169|-si—ieSS™S™~~é~S|AD|_____2,964_|
|PAYMENTS|
|Grants|and|donations|4|5,635|-|5,635|-|
|Fundraising|costs|648|-|648|180|
|Prize|costs|-|-|
|1|
|TOTAL|PAYMENTS|6,283|=|6,283|180|
|Surplus/(Deficit)|for the|year|(1,114)|-|(1,114)|2,784|
|Reconciliation|of|funds:|
|Brought|forward|funds|2,784|-|2,784|-|
|Surplus/ (Deficit)|for the|year|(1,114)|-|(1,114)|2,784|
|Total|funds|at|31|January|2025|~~|1,670.|-|«+ +4,670_|2,784|
|All|funds|are|unrestricted|
|The|notes|on|page|6|form|an|integral|part|of these|accounts.|
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4 March 2026
EQ CHARITABLE TRUST
NOTES TO THE ACCOUNTS
FOR THE PERIOD ENDED 30 JUNE 2025
1 Basis of Accounting
These accounts have been prepared on the Receipts & Payments basis in accordance with the Charities & Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended).
2 Nature and purpose of funds
All funds are unrestricted and may be used at the discretion of the Trustees in furtherance of the objects of the charity.
3 Trustee Remuneration and Expenses
All Trustees gave their time freely and no one received any remuneration and there were no transactions with the trustees during the year .
- 4 Payments to beneficiaries
| Payments to beneficiaries | ||
|---|---|---|
| 2025 | 2024 | |
| £ | £ | |
| Donation to Alzheimer Scotland | 3,386 | - |
| Togs Christmas | 250 | - |
| St Salvador's Church | 250 | - |
| Just Bee Productions | 250 | - |
| Lifegate | 250 | - |
| Charleston Neighbour | 250 | - |
| Borders Womens' Aid | 500 | - |
| Borders Childrens | 500 | - |
| 5,636 | - |
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