REGISTERED CHARITY NUMBER: SC049161 Re rt of the Trustees and Unaudited Financial Statements for the Year Ended 31 March 2025 The Colin Weir Charitable Foundation
The Colin Weir Charitable Foundation Contents of the Financial Statements for the Year Ended 31 March 2025 Page ReF)Ort of the Trustees 1 to 3 Independent Examiner's Report ststement of Financial Activities Balan Sheet Cash Flow Statement Notes to the Cash Flow Statement Notes to the Financial Ststements 9 to 16 Detailed Statement of Financial Activities 17
linw Re ort of the Trustees for the Year Ended 31 March 2025 The trustees present t1r report wrth tr financial statements of the tharity for the year ended 31 March 2025. The trustees have adopted the provisions of Accountsng and Report'ing by Charities. Ststemenl of Rec(Mnmended Practice 8pplicat4e to charities preparirwJ their •cnts in ¥crdanCe with thg Financial Reportiro Stsndard applicable in tho UK and Republi¢ of Ireland IFRS 102) leffgcti¥e 1 JaNary 2019). The Trustees present their report and financial statements fly the Period 8nded 31 March 202& The financial siat•ments havé been prepared in accordancè with the accounbry pol'cies setout in note 1 to the financial statements and comFAy with Charty's Trust Deed, chare$ aThJ Tnjstee Inbwimenl (Scoljarvj) kt 2005, the CharitEs N£counts IScollaTrJl Regulakn'ons 2006 las ameTrJgJ). Trustees ackncywe that this Foundab'on vwes its estenCe to the generosity of phlanthropist Cclin Weir. He wanted lo eslablish a Charity Ihat allthved him to reach peoFqe and communrtK?s directly, whether charitable entities or community groups, that were stTU931ing to raise monies frwn other Sour5. Cclin was very proud when The Colin Weir Charitable Foundation came in lo being and Trusts are grateful that Colin got to see the Foundation make its fit ards before, sadfy, he Sudden in December 2019. T1Y will ensure his vision for the work of the Foundatson contOnu•s to be TlIsed golng forward and that his and n8rn0 will live on. OBJECTIVES AND ACTIVTfES Oblectlves and alms The Charity's objects are eStaShed in its Trust Deed. and these arè" a) The advancement of public partiapation in sport (and 'sporY means sport which Involv both physical skill and physical exertion). b) The provision of recreational fa01e$, or Lyganisation of recreational activitie5. with the 0.eCtiVe of imwoving the condrtions of Ife for the persons for whom the faulit$ or actiwties are pmiarily intended, and only in relation to recreational faolib'es or activitie5 which are: {1} primarily intended for rSon$ who need them because of their age, ill health, disability, financial hardship or othor disad¥antsge N {iil avalatlo to mombws of the put4"c at I¥, ty to malè or female member¥ of public at krge; cl The advancement of animal welfare., d) The advancement of health linthding Ihe Preventi or relief of SsS. disease or human suffering).. and ?) Any other charitable purFoses. To these ends, the Charity awards grants to eligibb inststutions rawing frun £2.OC4) 10 £25.IXiI {exceptionalty the Charity may award a greater sum). The grants are intended to h these Institutio wovide ta10 bgneffts lo such teneficiary grp$ as the Trustees may deem appropriate. To sustain the Charity's activib'e5. the Trustees mairrtain an EIlYrnnt fuThJ, whKh is currenty used to finance the Charity3 grantMakirj xlivities. ACHIEVEMENTS AND PERFORMANCE Charltable actlvltles In thi5 reporting period, the Charity awarded grants to 23 institutions worth a lot4 of £501,500. No grants were made to individuals.12024- £426.500 10 21 institub"onsl. Tr grants were awarded to finance such activities as those in$titubons deemed appropriate. DuriNJ this rewting wv)d. £501.S(K> (2024 £426.5CM) the ErKltrment fund was allo¢at•J to grant exp8ndituro, The endowment fund was 0 used to assist with the payment of administrative costs and governance costs lotallirKJ £43,392 (2024- £43,894). Thi3 transfer has been recorded in th8 Statement of Financial Acbvitss. FINANCIAL REVIEW Flnancial position The financial statements show that the Charivs gr05s inc. eXJIrv funds realised fr(xn the End0ent fvnd, amounted lo £25,286 which 15 deposit intere5112024 £23,207). Th8 Charity invested funds in a fixed leTh high interest account during the year. Gross expenditu in the Unrestricted fund amounted lo £43,392 (2024: £43,894). In current year £43,392 was transferred from the EndvAnent fund to assist wrth adminisirative a1 wlanCe cost& Tho value (rf the Charty's Endtywment fvnd sto(xJ at £355,944 (2024- £902,269). IrNestment management costs chargeatle to tt19 Ch5 Endnnt fund duriry the reporting peri(J were £15.221 12024.. £9,080). Those paid to Murray Beith Murray haNe been dis(SMd undtt the r*tsd paty note. Page 1
linw Re ort of the Trustees for the Year Ended 31 March 2025 ANANCIAL REVIEW Reserves pollcy The Charity'5 lolal roserves 8t tho ond of this rewbng poriLxl stood at £404,618 (£48,675 UnrestrKtod £355,944 Ement). In 2024 lotsl rgsor40s wero £925.6581£23.389 Unrfjstri¢tod. £2.269 Endowment) The Endowment fund can be called upon to fund grants rf there is inSLrffiaent in the Unrestricted fd reserwo, after making reasonable provision for professional fees and oudays where appropriate. FiURE PLANS The Trustee¥ F4an lo continug to grants, to imFknent Colin Ws18gary. They are committed to apptying any sums due to be retsived foll¢M1 the eomFkb'on of the late Mr Weirs est Ihis year, to support his charitatle foundation's obj'ectives. Trustees wish to confirm that. in line with the FourKlatrJn's oryinal timesc, the charty will wiThJ up in 2026 as planned at the end of the current ffinanaal year. INVESTMENTS FollNing the death of the late Cdin Wer. chanl&le foundation was th8 reupient of a number of Enterprise Inveslment Scheme IEIS} accounts, each contsining a number of undertying in¥eslmenl& Whibt charity trusle8S anticipate the encashment of some or all of the various EIS accounts, the illiquid nature of the investments is such that the timirKJ and quanlrfication of encashment Irf any) is dtfficult to The undertyiNJ investments in an EIS are in unquoted companie& An EIS is unlisted so there is rK) secondary marf(et for EISS and the charity trustees are not, therefore, able lo sell t invesbnents easity, or to Flace any reliance on market valuations. charity truslee5 will rKeive a reporvcash statement lo record EIS transactions. which tske pla in eath aOnting period. and the cash prc¢eeds that are receiNed in that period wil be inchjded in the charitst4e foundation's annual accounts. Cash proceeds were received in the year erwjed 31 March 2025 lolalling £13,788 (2024.. £48,293). This figure has been grossod up for investrnent management ts, bank inter05t and olher minor fe•$. STRUCTURE. GOVEFiNANCE AND MANAGEMENT Governlng document The charity is controlled by its govemiro documert a deed of trust and ¢on$b'lutes an unin¢¢xporated charty. The Charty is an unincrxporat&J Trust constitutsd by Deed of Trust by Colin TraynWeIr dated 25 March 2019. Cdin Weir diwj on 27 DKember 2019. Trustees who seNed durlng ts Perkxl and up to the date of sy)ature of tre ffinanu Statements were.. Trustees are assumed (and reswjn) with consent of the existiTrJ Tntstees, urvjer Section 3 of the Trusts (Scotland) Act 1921. Risk managemgnt Trustees monitor the perfonnan¢e ofeath institution supported by the Charity. Where appropriate, tho Charity may require in$litutions th receive grants lo prov*Ye a ¢opy of the Annual Report and Accounts to fa¢ilitslfr the considerabon of the support in fulurn years. The Trustees rnonitor the perfonnano ofeath ir6titubon suppryted by the Charrty. Where appropriate. the Charity may require institutions that receive grants to provhje a copy of the Annual Report andAccounts to facilitate the consideration of the support in future years. The Trustees have conshlered Ihe risks to whKh the Charity is exposed. At present the onty concerning risk the Chanty is exposed to, is frawj. Trustees do not inwte applications for grant awards. Instead, the Foundation's administrator seeks out suitabl8 8nlitie5 across Scotland to become beneficiaryas, benchmark1 against CWCF'S criteria and purpose. She then conducts desktcp research to VrfY that the potential beneficiary is who they say they are and Ihat they do what tY say tY ¢Jo. This will incIe a conversation with the chartty or organisation as well as online searches and looking at OSCR red$ rf appropriate. If satisfied, a caseforfundiNJ is presented to Trustees by the administrator, along with a recommendation for an amount. If accepted by Trustees {who can also decline or amend). the •Jministrator 9oes on lo CCk and kFnfy t1r bankiry detats before paJi))ent is made. Finalty. at this poinl benefiaary is adv7sed that there will be a follu4V up vrbit when they will be eypected to aC)unt for the money Page 2
The Colin Weir Charitable Foundation Re ort of the Trustees for the Year Ended 31 March 2025 REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number SC049161 Approved by order of the board of trustees on 191h December 2025 and signed on its behalf by.. Page 3
Ex min inw l rnport on the a¢Ul for the year ended 31 Marth 2025 set out on pages frbe to $L¥teen. Regpective responsibilitieg of tntstees and examiner The charity's truslees are resF4)nsible for the preparalK)n of Ihe accounts in acc¢Ydance with the tems of the Chariti8S and Trusteo Investrnent {Scoll3nd) Act 2CK15 and the charitS Accounts (Scoljand) Re98b"On8 2006 (as amended). The charity's tru$te6s consider that thè audit requirement of R¢gulab"on 1 Ot1lla} to {cl of the Accounts Regulations does not appty. It is my responsibl to examine accounts as required under SeCtn 44(1){c) of the Act and lo state whether parts'cdar rnatte have come to my attention. Ba•18 of th• In¢ondtt •xamln•rfs r•port My examination was carried out in accordance with Regulati 11 of the Charitss AoUnts {Scotland) Regulations 2006. An examination indudes a revi•v of t accounting rerd5 kept by the charity and a Parison of the a¢Unts presented with those records. It also inthdes considerth.on of ary unusual rtems or dL8ebsures in the aeeounts. and seeking exF4anatsons from you as trustee5 conceming any such matters. The procedures undertaken do not prowde all the evthnce that would be required in an audit, and consequenty I do not express an audit opinion on the viwl given by accounts. Independent examlnerfs statement In connectlen wlth my examinatson, no matter has come to my attention '. 11> which gNes me reasonable cause to bele that. in any material respert the requirements to keep accountirwj reLords in attct)rdae with Section 4q1)(a) of the 2fA)S Act RegatIOn 4 of the 21)06 Accounts RegLlations," and to prepare accounts which accord with ts accounting rocords and to comFty with Regulation 8 of the 20C Accounts RegLlations have not been me( or 121 to which, in my opinion, attwliffi shtyjld bo (trn in tydor to enallè a propor understanding of a¢¢ounts to be reached. Date: 19th December 2025 Page 4
linw Statement of Financia for the Year Ended 31 March 2025 31.3.25 Totsl funds 31.3.24 Total fvnds Unrestrthd Endwrlent fund fvnd INCOME AND ENDOMIEKfs FROM Donatsons and legac 200.CW)O Investsnent inc¢ 25.286 25,286 23.207 T•Xal 25.286 25.286 223.207 EXPENDrruRE ON Ralslng funds Investment management costs 15.221 9.080 15.221 9.080 Ch•rttabl• a¢tlvltlo8 Grants to instibjb'ons Share of Support costs Share of Govemance costs 501,500 501,500 42.492 426.500 42.994 42.492 43.392 501.500 544,892 470.354 N81 gains on investrnents 13.788 13,788 48.293 NET INCOMEI(EXPENLXTURE} (l8,1C> 43.392 1502.933) 43.392 {$21.040) {207.9741 Net m¢)vement In funds 25.286 1546.325) {621.040) {207,9741 RECONCIUATION OF FUNDS Total fvnds brwght forward 23,389 2,269 925.658 1.133.632 TOTAL FUNDS CARRED FORWARD 48,673 355,945 404.618 925.658 CONTINUING OPERATh)NS AJI income and e4)endilure has arisen frThn continuiry acbvil*s. The notes form part of these financial statements Page 5
The Colin Weir Charitable Foundation Balance Sheet 31 March 2025 31.3.25 Total funds 31.3.24 Total funds Unrestricted fund Endowment fund Notes FIXED ASSETS Tangible assets 253 253 422 CURRENT ASSETS Debtors Cash at bank 13 8,178 45,636 8,178 416,551 22,614 916,793 370,915 53,814 370,915 424,729 939,607 CREDITORS Amounts falling due within one year 15 15.3941 (14,970) 120,3641 114,3711 NET CURRENT ASSETS 48.420 355.945 404.365 925,236 TOTAL ASSETS LESS CURRENT LIABILITIES 48,673 355,945 404,618 925,658 NET ASSETS 48.673 355.945 404.618 925,658 FUNDS Unrestricted funds.. General fund Endownmenl fvnds.. Endownmenl fund 16 48,673 23,389 355,945 902,269 TOTAL FUNDS 404,618 925,658 The financial statements were approved by the Board of Trustees and aulhorised for issue on 191h Dember 2025 and were signed on its behalf by.. The notes fomi part of these finanual statements Page 6
The Colin Weir Charitable Foundation Cash Flow Statement for the Year Ended 31 March 2025 31.3.25 31.3.24 Notes Cash flows from operating activities Cash generated from operations 7.3101 47,8551 Nel cash used in operating aclivrties 17,3101 147,8551 Cash flows from investing activities Sale of fixed asset investments 13.788 48,293 Nel cash provided by investing activities 13,788 48,293 Cash flows from financing activities Income attributable lo endowment Expenditure attributable to endowment 200,000 {435,5801 15C6,7201 Nel cash provided byllused inl finanang activities (s.720) {235.5801 Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period {500,2421 {235,1421 916,793 1,151,935 Cash and cash equivalents at the end of the rgporting period 416.551 916,793 The notes fomi part of these finanual statements Page 7
The Colin Weir Charitable Foundation Notes lo the Cash Flow Slalemenl for the Year Ended 31 March 2025 RECONCILIATION OF EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES 31.3.25 31.3.24 Net expenditure for the reporting period (as per the Statement of Financial Activities) Adjustments for: Depreciation charges Gain on investments Income attributable to endowment Expenditure attributable to endowment Increasel {Decreasel in creditors Ilncreasell Decrease in debtors 1521,0401 1207,9741 166 113,7881 166 148,2931 1200,0001 435,580 122,8141 14,520 506.720 5,997 14,635 Net cash used in operations 7,3101 47,8551 ANALYSIS OF CHANGES IN NET FUNDS At 1.4.24 Cash flow Al 31.3.25 Net cash Cash al bank and in hand 916.793 500.242 416,551 916,793 500,242 416,551 Total 916.793 500.242 416,551 The notes fomi part of these finanual statements Page 8
linw Notes to the Financi Stslements for the Year Ended 31 March 2025 ACCOUPrnNG POUCIES Basls of preparlng the financlal statements Th• financial slalements of the charity, which 1$ a public bonefit entity under FRS 102, h•vo bn prepared in a¢cA)rdance with the Charities SORP {FRS 102) 'knounting and Reporting by Charitie$.' Ststèment of Recommended Practice applical to charitss preparing their accounts in accordani with the Financial Reporting Standard apF4icable in the UK and Reputlic of Ireland IFRS 1021 (effective 1 January 20191,, Finanual Rep)rting Standard 102 'The Financi4 Reporting Stsndard applble in UK and Republic of Ireland, and the charit and Tnte8 InveStnI {Scotsnd} £t 2005. The financial statements have been prepared under the historical cost convention. trustees consider that there are no material uncertainties abcrtrt the TnL8V$ abilty to continue as a going concern. Inc(ne Al income is reccYJnised in tre stat)ent of Financial A£tivities once the charity has entitlement to the funds. it is probable that the income will be recetved the amount can be measured reliably. Interest on fvnds h¢kl ¢)n depo8rt is indudod wlwn re¢orval aThJ the omount ¢an be measured reliatty by the charity: this is nom)ally upon notificab.on of the intèrest paid or payable by the bank Expondltur• LIalIt$ are fecognised as expenditure as soon as there is a legal or construcb'me oblKJation committing the charity lo that eypendilure, il is probable that a transfer of economic b8nefits will be required in setuement and the amount of the otligation can be measured reliabty. ExFenditure is accountwj for on an accrua15 basis and has been classrfEd uThJer headings Ihat aggregate all cost related to the tegOry. Where c05ts nn01 be directy attributed to particular ad1rjS they have been allocated to actNities on a basis consistentwith the use of resources. Grants 1)ffEred subject to corbJrtiw¥ which have not been met at year efwj dale are noted as a commitment bul not accrLd as expenditure. The Trust look to make donth.ons to communty groups, charities and projects in Scoijand within the Trust Deed o'ecti4Es. They wil also run S>Wf campaigns as required. for example at Christmas lo alkn'ate povety. The Tntst do not inwte aPF4"e8b"ons nor aeeept requests for grant funding. The proferred process 1$ that thèy identify a tharity or grwp. do d8sk re9f¢h aThJ then l to tTrm dire¢ty. Allocallon of support and governance costs Support costs have been lOCated beeeft goNtmance costs and 0r support costs. Gomance costs comprise all eosts invoM'ng aecounlabiffity of the ehanty and its eomplianee wrth regulation and good practiee. These costs include costs related to statutory audit and legal fees together wrth an apporb'onmenl of overhead and 5UPPQrt costs. Governance costs and support C05ts relatirJ to chantat acb'vilies have teen apportioned based on staff time. Tanglble flxod assots Deweciatwjn is provvjad at the folkmng annual ratss in (Yder to write off oach a850t over its estimated u50ful Computer Equipmontr 20% on cosL Taxatlon The charity 15 frxempt fr¢)m lax on its charitab18 aLvits5. Fund aceountlng Unrestricted lunds can be used in accordance with the charitstAe 0tr4'ectives at the discrelion of the trustees. Restricted funds can onty be used for parti1r restrickny purposes within the objects of the charity. ReStrOnS arise when specffied by the donor or when funds are raised for particular lriCted purposes. Furvw explanabon of the naturo and pwpose of ea¢h lund * induded in note$ to the financ1 statsments. Investments The charty hc4ds EIS lnNpstrnts wilh rw) certwn value and thus are at nl tralue in the balance sheet. Proeeeds of any s are cr&Jiied direety to income wn received as caglL The notes form part of these financial statements Page 9
The Colin Weir Charitable Foundation Notes lo the Financial Statements- continued for the Year Ended 31 March 2025 DONATIONS AND LEGACIES 31.3.25 31.3.24 Donations 200,000 INVESTMENT INCOME 31.3.25 31.3.24 Bank interest 25,286 23,207 INVESTMENT MANAGEMENT COSTS 31.3.25 31.3.24 Support costs 15,221 9,060 CHARITABLE ACTIVITIES COSTS Grant Grant funding of actiwties Support (see note costs (see 61 note 71 Direct Costs Totals Grants lo institutions Share of Support costs Share of Govemance costs 501.500 501,500 42,492 900 42,492 900 501,500 43,392 544,892 GRANTS PAYABLE 31.3.25 31.3.24 Grants to institutions 501,500 426,500 Recipients of institLrtional grant{s) Partid( Thisue Charitable Trust Glasgow Life Back Onside Knights Templar The Murrayfield Dementia Project John Sutton Community Club Held in our Hearts Royal Marines Association Castleview Parents and Carers Largs Thistle Fundraiser Carntyne Riddrie Empty Kitchens Full Hearts 110,000 65,000 60,000 47,000 30,000 30,000 25,000 25.000 25,000 21,000 16,000 15,000 Total material grants (payments over £5k) 469,000 6 Recipients of £5,000 grants 1 Recipient of a £2,500 grant 30,000 2,500 32.500 Total £501,500 The notes fomi part of these finanual statements Page 10
The Colin Weir Charitable Foundation Notes lo the Financial Statements- continued for the Year Ended 31 March 2025 SUPPORT COSTS Infomiation technolc#Jy Governance costs Finance Other Totals Investment rnanagement costs Share ofsupport costs Share of Govemance costs 15,221 15,221 42,492 900 42,412 900 15,221 42.412 900 58,613 ort costs included in the above are as follows". 31.3.25 31.3.24 Investment management costs Share of Support costs Share of Governance costs Total activities Total activities Wages Bank charges Telephone Subscriptions Travelling Sundry Depreciation Murray Beilh Murray Fees Independent Examinatson Fee Accountancy and legal fees 36,0(J) 36,000 251 80 36,000 80 100 564 814 347 166 9,000 251 1,244 1,244 166 166 14,970 14,970 900 s0 4,517 900 5,003 4,517 15.221 42.492 900 58,613 52.974 The notes fomi part of these finanual statements Page11
The Colin Weir Charitable Foundation Notes lo the Financial Statements- continued for the Year Ended 31 March 2025 Costs directty allocated to activites 31.0125 Relief of Sport Poverty Animal Welfare Health Other Total Staff Costs 7.21J) 7,2CKI 7,21J) 7,200 7,2 36,OCKI Support costs allocated to actrrfities Bank charges Telephone Subscripb'ons Travalling Depreciab'on Murray Ba'th Murray F*s Accountancy 50 16 16 97 97 249 249 1,244 33 33 166 2,994 2,994 14,970 4,517 57.713 251 80 16 16 16 97 249 249 249 2.994 2,994 11.542 11.542 11.542 11,542 11,542 Governance costs alOted to activities Independent E3na0.0n fee 900 Allocation AJ costs a() have been alLKated bas&l an estirTHte of staff The notes fomi part of these finanual statements Page 12
The Colin Weir Charitable Foundation Notes lo the Financial Statements- continued for the Year Ended 31 March 2025 AUDITORS. REMUNERATION 31.3.25 31.3.24 Independent Examinatson Fee 900 900 TRUSTEES. REMUNERATION AND BENEFITS Trustees. expenses Trustee's expenses lolalled £221 and this related to travel and meeting costs. There were no trustees, expenses paid for the year ended 31 March 2024. 10. STAFF COSTS 31.3.25 31.3.24 Wages and salaries 36.000 36,000 36.000 36,000 The average monthly number of employees during the year wa5 as follow5.. 31.3.25 31.3.24 Full lime staff No employees r1Ved emoluments in excess of £60.IYJO. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTMTIES Unreslricled fund Endowment fund Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 200,000 200,000 Investment income 23.207 23.207 Total 23,207 200,000 223,207 EXPENDITURE ON Raising funds Investrnent management costs 9,080 9,080 9,080 9,080 The notes fomi part of these finanual statements Page13
The Colin Weir Charitable Foundation Notes lo the Financial Statements- continued for the Year Ended 31 March 2025 11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued Unreslricled nd Endowment fund Total funds Charitable activities Grants lo institutions Share of Support costs Share of Governance costs 426,500 426,500 42,994 900 42,994 900 Total 43,894 426,500 470,394 Nel gains on inveslrnents 48,293 48,293 NET INCOMEIIEXPENDrfuREI Transfers between funds (20,6871 43,894 1187,2871 43,8941 1207,9741 Net movement in funds 23,207 1231,1811 1207,9741 RECONCILIATION OF FUNDS Total funds brought forward 182 1,133,450 1,133,632 TOTAL FUNDS CARRIED FORWARD 23,389 902,269 925,658 12. TANGIBLE FIXED ASSETS Computer equipment COST At 1 April 2024 and 31 March 2025 829 DEPRECIATION At 1 April 2024 Charge for year 410 166 At 31 March 2025 576 NET BOOK VALUE At 31 March 2025 253 At 31 March 2024 419 13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.25 31.3.24 Independent Examination Fee 8,178 22,814 14. INVESTMENTS At 1 April 2024 and 31 March 2025 As noted in the Trustees, report and accounting policy EIS shares are held al nil value due to the UnrtaInty of their value The notes fomi part of these finanual statements Page 14
The Colin Weir Charitable Foundation Notes lo the Financial Statements- continued for the Year Ended 31 March 2025 15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.25 31.3.24 Other creditors 20,364 14,371 16. MOVEMENT IN FUNDS Net movement in funds Transfers between funds At 31.3.25 At 1.4.24 Unrestricted funds General fund 23.389 {18,106} 43,392 48,675 Endowment funds Endownment fund 902.269 1502,933) 143,392) 355,944 TOTAL FUNDS 925,658 1521,0391 404,618 Net movement in funds, included in the above are as follows.. Incoming resources Resources expended Gains and losses Movement in funds Unrestricted funds General fund 25,286 (43,392) 118,1061 Endowment funds Endownment fund 1516,7211 13,788 502,9331 TOTAL FUNDS 25,286 560,1131 13,788 521,0391 Comparatives for movement in funds Net movement in funds Transfers between funds Al 31.3.24 Al 1.4.23 Unrestricted funds General fund 182 {20,687) 43,894 23,389 Endowment funds Endownment fund 1,133.450 187,28n 43,894 902,269 TOTAL FUNDS 1.133.632 207.974) 925,658 Comparative net movement in funds, included in the above are as follows-. Incoming resources Resources expended Gains and losses Movement in funds Unrestricted funds General fund 23.207 {43,894} 120,6871 Endowment funds Endownment fund 200.CM)O 435,580) 48.293 187.2871 TOTAL FUNDS 223,207 1479,4741 48,293 207,9741 The notes fomi part of these finanual statements Page15
linw Notes to the Financi Stslements- continued for the Year Ended 31 March 2025 1& MOVEMENT IN FUNDS- c0ntirnd A Current yoar 12 months and prior ye8r 12 months Mbinad posrtion 1$ as folkyrts: Transfers btheen funds movement in funds Al 1.4.23 31.3.25 Unrestricted funds General fvnd 182 {38,795) 87,286 48,673 Endowment funds Endownment fvnd 1.133,450 (690,219) 187.2861 355,945 TOTAL FUNDS 1.133.632 729.0141 404,618 A current year 12 months and prwjr year 12 months clbined net movement in furvjs, inckthd in tho abovo are as folltyw$: Incoming Resources ewded Gains and losses Movement in fund8 UnrestrScted funds General fund 48,493 {87.286) {38,795) Endowm•nt fvnds Endownment fund 200,CX)O (952.300) 62,081 (6,219) TOTAL FUNDS 248.493 (1,039,586) 62,081 729,014) 17. RELATED PARTY DISCLOSURES Trusleel is a pathr in Murray Beith Murrarr WC1t DuriTrJ the year professional fegs paid to Murray 8eith Murray ttstald £14,970 (2024.. 9,OCrf)). ANALYSIS OF FUND BALANCES BETWEEN NEf CURRENT ASSETS Unrestricted Endv•mient 31.03.25 31.03.24 Taryible Fixed Assets Cash at bank and in hand Other r*1 assets I1I4blit) 253 45.638 2,784 48,675 253 416,551 112,1861 404.618 419 916,793 8,446 926.658 370,913 114.9701 355,943 The notes form part of these financial statements Paye 16
The Colin Weir Charitable Foundation Detailed Statement of Financial Activities for the Year Ended 31 March 2025 31.3.25 31.3.24 INCOME AND ENDOWMENTS Donations and legacies Donations 200,LK)O Investmgnt income Bank interest 25,286 23,207 Total incoming resources 25,286 223,207 EXPENDITURE Charitable activities Wages Depreciation of tangible fixed assets Grants to inslilulions 36.000 166 501.500 36,000 166 426,500 537,666 462,666 Support costs Finance Bank charges 251 80 Information technology Telephone 80 100 Other Subscriptions Travelling Sundry Murray Beith Murray Fees 483 1.244 564 814 347 9,000 14,970 17,028 10,905 Governance costs InderEndenl Examinab'on Fee Accountancy and legal fees 900 4,517 900 5,003 5,417 5,903 Total resour5 expended 560,114 479,474 Net expenditure before gains and losses 1534,8281 1256,2671 31.3.25 31.3.24 Realised recognised gains and losses Realised gainslllossesl on fixed asset investments 13.788 48,293 Net expenditure 521,0401 1207,9741 This page does not fomi part of the ststulory financial statements Page 17