REGI.STF.RED CH.4RITY NLNIBER: 10037¥11 REPORT OF THE TRLSTEES AND ALDITED FINANCI.4L STATEMEYTS FOR THE YEAR ENDED 31 IIIARCH 2024 FOR THE BERKSHIRE MASO]IIC CHARITY THF. BTr.RKSHIRE NI.ISONIC CH.*RITI' COiNTENTS OF THE FIN'..I%'CI.4L STATF.MENTS FOR THE I'EAR ENDED 31 M.4RCH 2V24 Page Report of the Trustee5 Reporl of the Independent Audilors Statement of Financial Activities Statement of Financial Position 10 INoles to the Financial Statements Detailed Slatement of Financial Activilies 19 THE BERKSHIRE M.4SONIC CH.4RITI" REPORT OF THE TRLSTEES FOR THE I'EAR ENDED 31 M.4RCH 2024 The Trust¢¢s present th¢ir report toiY¢th¢r iviih the audited financial statements of the Charity for the year ended 31 March 2024. Thc Trustees Lonfinn that the annual report and financial statem¢nts of thc charity comply with the current statutory requirements, the requirements of the charity's giov¢rning7 document and ihe provision of the Siatemeni of Recommended Practice (SORP). appliLable to chariti¢s preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effecriv¢ l January 2019). OBJECTIN'ES AND ACTI￿ ITIES ObjecliTr'es and aim5 The Charity's objectiN'es arc to disiribute investment incom¢ for the relief of local distr¢ss and Lharitable need of a Masonic or non-masonic natur¢. Social ini'estmentS A w ide variety of Lauses benefiied from assi5tanLe proi'ided by the Charity in the cu￿ent year. In the main. they continue to be organisations and charities proN'iding facilities for the disabled and disadvantas7¢d members of the community. As in previou5 years. assistance to disadvantaged and disabled individuals from all types of background feature strongly in our grdnt PTogramm¢. The Trustees have considered the guidance in the Charity Commissions. general guidance on public b¢nefit when reviewing the aims and objectives of the Charity and in planning future activities. In particular. the Trustees consider how the ChaTity's grant making p)licies will contribute to the aims and objeciiN'es they have set. ACHIEVEMEYT AND PERFORMANCE Charitable aclivities The Managem¢nt Committee meets quarterly io consid¢r grant applications recommended by the Petitions Committee. During the year the Charity made a lotal of 29 (2023= 45 grants) to different individuals and institutions totalling £44.808 (2023- £65.417). Th¢s¢ grants covered a wide range of caus¢s includin community, educational, youih. ¢lderly, disadianta&Ted and disabled. To alhieve its stated objectives. the charity is reliant on income from its inveslments as detailed in note 3. Analvsis of Grants 2024 2023 umber TorAI £ Numb¢r Tvt by the managemeni conunittee. Th¢ administration and secretarial duties of the Charity are coordinated from the principal oifice at Sindlesham. to which all enquiries should be made. The petitions committee make recommendatlons to the management committee as to the recipients and the quantum of grnnts. The members serving on the committees are: Mana emeni Commitlc Nicholas McGr¢gor (Chairman) Guy Barlow Tim Lec Timothy Shenvood ITrust Secretary) Richard Lloyd (TTeasurer) Richard Grayson {Applications Secretary) David Jarvis Gery Preston Edward Hands Paul Thomsett Peier Oakley Petitions Committec Scan Kulan Ichainnan) James Edmundson Roger Goodchild Rodney Aldridge Michael H¢nnessy The Trusle¢s thank the present committee MeM￿[S and those retiring for their dedicated voluntary service to the Charity. The Trustees revi¢w the appointment of officers and committee members in Octob¢r each year. REFERENCE AND AD%IINISTR.4TIVE DETAILS Registered Charilv number 1003788 THE BERIKSHIRE M.ISONIC CHARITI" REPORT OF THE TRLSTEES FOR THE I'EAR E)DED 31 NI IARCH 2024 PriDeipal address Mole Road Sindlesham Wokingham Bcrkshire RG415DB Trustees G J Barlow TPLee M C Walker Iresiiyned 30.9.23) J K Palmer N McGregor Secretariat Timothy Sherwood Richard Grayson (Trust Secretary) (Applications Secretary) Auditors Vale & Il'est Accountancy Services Limited Chartered Accountants Statutory Auditors Victoria Hous¢ 26 Queen Victoria Street Reading Berkshire RGI ITG Investment Advisers Canaccord Genuiry Weal(h Limited 88 Wood Sireel London EC2V 7QR Rathbones incorporating Invesiec W¢alth & Inv¢sthient (UK 30 Gresham Street London EC2V 7QN Banker5 Lloyds Bank PIC 1-2 Market Place Reading B¢rkshiTe RGI 2EQ THE BERKSHIRE ￿l.￿s0￿1c CH.4RITI' REPORT OF THE TRLSTEES FOR THE I'EAR ENDED 31 ￿lARCH 2024 STATE.MENT OF TRUSTEES, RESPONSIBILITIES The trustces ar¢ respongible for preparing the Report of ihe Trusl¢¢s and the financial statements in aLcordance with applicable la￿, and United Kingdoni AccounEin¢y Standard (United Kingdom Generally Accepted Accounting Practice), including FinanLial RetM)rtin& Standard 102 "The Financial Reporting Standard applicable in th¢ UK and R¢public of Ireland" The law applicable to (harities In England and Wales, the Charilies Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of thc trust deed requires the trnsiees to prepare financial statements for ¢aLh financial year which &TjI'e a true and fair K"iew of the state of affairs of rhe charitj. and of the incoming resourc¢s and applicalion of rLsour¢es. includinu the income and expenditure. of ihe Lharity for thal period. In preparing those tinancial statements. Ihe trustees are required to= select suitable accounting policies and ihen apply them consistently- observe the methods and principles in ihe c.harity SQRP- make judgement and estimates that are reasonable and prudent- prepare the financial stst¢m¢nts on the going concern basis unless il is inappropriate to presum¢ that the chariry will continue in business. slate wheiher applicable United Kingdom Accountino Standards hav¢ been followed, subj¢ct to any malerial departures disclosed and explained in the financial stat¢ments. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of th¢ charity and io enable them to ensure that the financial statem¢nts comply with Ihe Charitics Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets ol the charity and hence for taking reasonable stcps for thc prevention and detection of fraud and other irregularitieg. Approved by order of the board of trustees on 15 April 2025 and signed on its behalf by.. T P Lee - Trustee Page 5 REPORT OF THE INDEPENDENT AUDITORS TO THF. TRUSTEES OF THE BERKSHIRE M.4SONIC CHARITY Opinion W¢ have audited the financial siatem¢nis of The Berkshire Masonic Charity (the 'charity') for the year ended 31 March 2024 whilh comprise the Statement of Financial Activities, the S¢atem¢nt of Financial Posilion and notes to th¢ finanLial slalemenis, includingT a summary of si(vnificant accountingi policies. The financial r¢porrinth framework (hai ha5 been applied in their prcparation is applicable law and United Kingdom AcLountin(y Standards {L'nited Kingdom (ienerally Accepted Accounting, Practice), including Financial Reporting Standard 102 'The Financial Rep)rting Standard applicable in the UK and R¢public of Ireland,. n our opinion the financial statements= giv¢ a true and fair i'iew of the state of the charity's affairs as at 31 March 2024 and of its incoming resources and applicaiion of resourL¢S, for the year then end¢d; been properly prepared in accordance with Unii¢d Kingdom Generally Accepted Accountin( Practice, ini ludinb7 Financial Reporting Standard 102 'The Financial Reporting Standard applicablc in the UK and Republic of Ireland,: and have be¢n prepared in acLordance with the requiremenis of the Charities Act 2011. Basis for opinion We conducled our audit in accordanc¢ with International Standards on Auditing (UK) (SSAS (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors, responsibilities for the audit of the financial statements section of our report. We ar¢ independent of th¢ charity in accordance with th¢ ¢ihical requirements that ar¢ relevant to our audit of the financial statements in the UK. including the FRC'S Ethical Standard. and the proN'isions available for small entities. in the circumstances set out in note 15 to th¢ financial statements. and we have fijlfilled our other ¢thical responsibilities in accordance with these requirements. W¢ believe that the audit evidence we l)av¢ obtained is sufficient and appropriat¢ to provide a basis for our opinion. CoNclu¥ions relating to going CQDcern In auditing the financial statements, we have Concluded that the trnstees, us¢ of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have perforni¢(L we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continu¢ as a going concern for a period of ai least ￿e1ve months from when the financial sthtements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the TeleN'ant sections of this report. Other information The trustees are responsible for the other inforniation. The other inforniation comprises the informalion included in the Annual Report. other ihan the financial slatements and our Report of th¢ Independenl Auditors thereon. Our opinion on the financial statements does not cover the oih¢r infom]ation and, except to the extent otherwise explicitly stated in our report, we do not express any fom) of assurance conclusion th¢r¢on. In connection with our audit of (he financial statements, our responsibility is to read the other infomation and, in doing so, consider whether ihe other infomution is materially inconsistent with the financial siatements or our knowledge obtained in the audit or otherwise appears to be maierially misstated. If we id¢ntify such material inconsistencies or apparent material misstatements. we are required to determine whether this gives rise to a material misslatement in the financial stalemenls thems¢lves. If, bas¢d on ihe work we have p¢rfomied, we conclud¢ ihat there is a material misstatement of this other information. w¢ are rcquired to report that fact. W¢ hai'e nothing to report in ihis r¢gard. REPORT OF THE INDEPENDENT ALDITORS TO THE TRLSTEES OF THE BERKSHIRE MASONIC CHARITI. Matters on which we are required to report bv exception We haN'¢ noihingy lo retK)rt In r¢spect of the following matters where the Charities IAccounts and Reports) Re(Fulaiions 2008 requires us lo report 10 you if. in our opinion= the infonnaiion oiTren in the Report of the Trnstees is inconsistent in any malerial rcspect with the financial stalemenls. or sufficient accountinu records have nol been k¢pt- or the financial siatemenfs are not in agreement with the accounting records and returns. or wc have nol received all the infornialion and explanations w¢ r¢quirc for our audit. Responsibilities of truslees As ¢xplainLd more fully in the Statement of Trust¢es' Responsibilities. the trustees are r¢sponsible for tlie preparaiion of the Iinancial Sfatements w'hich LFji'¢ a true and fair i'le￿. and for 5uLh intern81 control as ihe trustees dcterniine is neLessary lo enable th¢ pr¢paraiion of financial statements thai are free from malerial misstatemenf, whether du¢ lo fraud or error. In pr¢p2ring the financial statements, the trusrees ar¢ responsible for assessing the charity's ability to ontinue as a going Loncern, disclosing. as applicable. matters related to going concern and using the gioing concern basis of accounllng unless the trustees either inlend to liquidate the charity or to c¢as¢ operations, or have no realistic aliemative but lo do so. Our responsibilities for the audit of the financial statement5 We hav¢ been appointed as auditors undcr Section 144 of the Charities Act 2011 and report in accordanc¢ with the Act and relei'ant regulations made or having effect thereunder. Our objectiv¢s are to obtain reasonable assurance about ￿'hether the financial sthtements as a whole are free from material misstaiemeni. ￿'he[her duc Iv fraud or eiioi. and to 155u¢ a Rcport of thc Independent Auditors that Includes our opinion. Rcasonable assuranc¢ is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS IUK) will always d¢t¢ct a maicrial misstatement when it exists. Misstatements can arise from fraud or error aThd are considered material if. individually or in the aggregate, they could reasonably b¢ expected to influence the economic decisions of users taken on the basis of these rinancial statements. The extenf to which our procedures are capable of det¢cting irregularities, including fraud is detailed below.. Our approach to identifying and assessing the risks of material misslat¢ment in respect of irre.¢wlarities, including fraud and non-compliance ￿'Ith la￿'S and regulations. was as follows= the engagement partner ensured that the engagement team collectii'ely had the appropriate Lompetence, capabilities and skills to identify or recognise non