Account of the Intromissions of
the Trustees of
The Albert Morris Charitable Trust
For the period 1 St April 2024
to
31 $1 March 2025
2025
TRUSTEES-
Scottish Charity Number SC050468
CSKIMOR197111

The Albert Morris Charitable Trust
Trustees, Re
The Trustees submrt their report with the acCoU￿s for the period ended 31 M8rch 2QS
The Trust was eslatslLshed oy Mrs Teresa Ealon Moms in memory of ner hust)and tth late
Albert Morris by Deed of Trust dated 11:, September 2020
Flsnd is hekj and adminislered b rts Trustees The
resent Trustees are
Appolntment of Trustees
New Iru51ees maybe assumed by the e￿5]ing trustees under the Deed of Trusl.
The TrU￿eeS at the date of this ￿port and throughout the period are not￿.
Organisation
The trust is admlnistered under the sutErvision of the Trusiees, who will meet per
Day ta day administration is c4rried by the Trust's solicrtors.
cally.
Risk Manag&m￿t
The Trustees have assessed Ihe major risks to which Ihe Trust is exposed, in particular
those related lo the operations and finances of the Trust.and are satisfied that systems
are in place to mrtb3ate Iheir exposure io ihe major nsks.
Charitable purposes
The Obje￿ of the Trust as set out in its Trust Deed is Ihe payment ol grants to Edinbthrgh
Napier Universrty (SC018373) and The Universrty 01 Edinburgh(SC005336) to fund the
awany of bursaries to underoraduate or posioraduate students ai (1) Edinburgh Napier
Universrty in their first and subsequent years of study for the Undergraduate 8A Honours
in Joum81ism or the Postgraduate MA in Journalism and (2) The universrty of Edinburuh
in Iheir first and subsequent years of study for the Undergraduate MA Honours in En
lish
Language and Lrteralure or a Postgraduale taught M8Sters (MSC) Programme or Ph
in
the Department of English Ltterature.
Achievements and perfomiance
The tru51ees, throuoh their Solicttors, Lindsays LLP, Caledonian Exchange,19A Canhino
Street, Edinburgh administer the funds held by Ihern, collect income and will make
payments of grarts in accordance wrth the te￿r￿ of the trust deed.
The financial posilion of the Trusi is as disclosed in the accounts.
The Trust is a charrty and is recognised as Such by the Inland Revenue for taxation
purposes. The Inland Revenue charity number s SC050468. As a re5un there is no
liabilrty to taxaiion on any ol Ihe Trust income.
Approved by Ihe Truslees and signed on their behalf b

The Albert Mo￿lS Charitable Trust
Account for year to 31 sl March 2025
CAPITAL
Credit
balance at the close of last account
i ob,000.00
Credit
balance at the close of this account
i (x),000.00
of which, Investments at book cost:_
Market Value £ 106,605.73 ai 31103125
i(*J,000.00
0.00
REVI.NUE
Credit
balance at the close of last account
Gift Aid payment from Mrs Teressa Mo￿lS
Gift Aid Tax Repayment
Investment Income
50,897.27
25,000.00
6,250.00
8,085.87
90,233.14
Deduct:_
Donation
Administration
Agents's Fees
28,000.00
30.00
690.00
28,720.00
Credit
balance at the close of this account
1,513.14
1,513.14
Represented by:
Lindsays Funds
1,513.14

The Albert Morris Charitable Trust
Receipts & Payment Account for the year to 31 March 2025
2025
2024
Receipts
Gift to Trust
Investment Income
Gift Aid Repayment
25,000.00
8,085.87
6,250.00
25,000.00
7,302.33
6,250.00
39,335.87
38,552.33
Proceeds from sale of investments
0.00
0.00
Total Receipts
39,335.87
38,552.33
Payments
Donation
Administration Expenses
Agent's Fees
28,000.00
30.00
690.00
28,000.00
30.00
614.40
Total Payments
28,720.00
28,644.40
Surplus l (deficit) for year
10,615.87
9,907.93

The Albert Morris CharitableTrust
Receipts & Payment Account for the year to 31 March 2025
2025
2024
Investments
Opening balan
100,000.00
100,000.00
Book Cost as at 31 March 2025
100,000.00
100,000.00
Market Value at 31st March 2025 106,605.73
102,237.03
Bank and cash in hand
Opening balances
Lindsays
50,897.27
40,989.34
50,897.27
10,615.87
40,989.34
9,907.93
add= Surplus l (deficit)
Closing balance
61,513.14
50,897.27
Represented by:
Lindsays Funds
61,513.14
50,897.27
61,513.14
50,897.27
All funds are unrestricted.
Approiied by the TrLlStees 3nd signed on their behalf

LtNDSAYS WS
- STOCKS & SHARES -
The Albert Morris Charitable Trust
MOR197111 Shares at Book Value at 31103125
-Book values-__
Purchases/
(Sales)
No. of shares
Opening
Closing
Market Value
M&G Equitics Investment Funds for Charities
(Charifunds) Inc
7.021.388
ioo.000.00
ioo,000.00
31103125 revaluation of shares
106.605.73
7,021.388
100,000.00
100,000.00
106,605.73
Totals

Appendices
Revtnue
Gift to 'I'n￿l
13-May-2024 Gift Aid pa￿lerIt from Mrs Teresa Morris
25,OIKI.00
Income
Charifund
31-Vay-2024 7021388 Linits
12-Scp-2024 7021.388 Unils
27-Dec-2024 7021.388 Uniis
04-Mar-2025 7021.3811 Units
1,720.24
1,439.38
2,211.74
982.99
6 354.35
Donaiion
21-Jun-2024 Edinburgh Napier Unii'ersity Development Trust
28.000.00
Lindsa 5 Funds
03-Jul-2024 Pa￿en1 in lieu of clieni gross interest due for the period IMIOZ122
and 30106124
02-Oct-2024 Pa)Then( in lieu of clienl ￿0s5 interesi due for the F>eriod 04102122
and 30,'09124
03-J8n-2025 Paymenl in lieu of clienl ￿055 In￿reSt due for the period 0410ZQ2
and 31,'12124
31-Mar-2025 Payment in lieu of client gross intcrc5t due for the period 04102122
and 31103125
505.77
414.94
418.97
391.84
1731.52
'ft A]dT￿ Re
19-AbJg-2024 Repayment of l ax
Inertt
6 250.00
Adrniiiislration
l-Jun-2074
mination fee for 2024
30.00
Fees
31-Mar-2025 Ag¥nts Fee
31-Mar-2025 v￿ at 20Yo
575.00
115.00
690.00

NOTES
1 The Investments are shown in the account at valuation.
2 JnGome from Inve.s.tments is Gredited to the Income and Expenditure account
in the year in which it is received.
3 No Committee Member received any remuneration during the period (2024 none).

Independent Examine¢8 Report to
the Trustees of
The Albert Morris Charitable Trust
I report on the accounts of the Chanty for the year ended 31 si March 2025
The Gho.rily's.twslp.e,4 are. re%￿nSible for the preparation of the accounts in accordance
with the temis of the Charilies and Tnjstee Investment (Scollandl Act 2005 and the
Charrlies Accounts (Scotland) Regulations 2008. The charity truslees consider that Ihe
audil requirement of Regulation 10{1) (d) of the Accounts Regulaiions does not apply.
11 is my responsibility lo examine the accounts as required under section 44(1)c) of the
Act and to slat8 whether particular matters hsve come to my allention.
My examlnation is carried out in accordance wilh Regulation 11 of the Chartties
ALwuiil¥ (SLutlai)d) ReyuSdli0iis 2006. Ali tjxaiiiiiialiOIl iiicludv¥ a i eview ul Ihe
accounting records kept by Ihe charity and a compsrison of the 8ccounls presented
with those records. It also Includes consideration of any unusu81 items or disclosures
in the 8ccounls, and seeks explanations from the trustees conceming any such
matters. The procedures undertaken do not provide ali 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.
In the course of my examination. no matter has come to my altention
1 which oives me feason8ble cause to believe Ihat In any maierial respect
the requirements:
(a) to keep accounling records in accordance wilh Sedion 44(1) (a) of the
2005 Act and Regulation 4 of the 2008 Accounts Regulations, an
(b) lo p￿.pare. AC.c.oiinls whic.h ac.r,ord with Ihe. ac.c,oiinling rp.cords and
comply wilh Regulation 9 of the 2006 Accounts Regulations
have not been met, or
2 to which, in my opinion, attention should be drawn in order to enable
proper understanding of the accounts to be reached.
Date:
12 J£u£ Z025