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2022-06-30-accounts

Registered number 02735172

Charity Number 1045264

Canterbury Masonic Charities Association Ltd

Report and Accounts

30 June 2022

Canterbury Masonic Charities Association Ltd Report and accounts Contents

Page
Company information 1
Trustee's report 2 - 3
Statement of financial activities 4
Balance sheet 5
Statement of cash flows 6
Report of the External Examiner 7
Notes to the accounts 8 - 9

Canterbury Masonic Charities Association Ltd Company Information

Directors/Trustees

S. Barnes Esq (Appointed 14 Sep 2021)

Secretary

A. Pybus Esq

Accountants

A.M. Mumford TD, FCA, CTA Upper Cross Farm Thornton Lane Eastry Kent CT13 0EU

Bankers

Metro Bank 2 St Georges Street Canterbury CT1 2SR

Registered office

38 St Peters Street Canterbury Kent CT1 2BG

Registered number

02735172

Charity number 1045264

1

Canterbury Masonic Charities Association Ltd Registered number: 02735172 Charity Number: 1045264

Trustees' Report

The Trustees are pleased to present their annual report and financial statements of the charity for the year, which are also prepared to meet the requirements for a director's report and accounts for Companies Act purposes.

The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015).

Objectives and activities

The objectives of the charity are to make grants to organisations and other charities from donations received, in the execution of which the trustees have considered the Charity Commission’s guidance on public benefit, including the guidance ‘public benefit: running a charity (PB2)’.

Achievements and performance

In pursuing the objectives of the charity, grants have been made to charitable and other organisations in order to improve and assist them in creating public benefit to a wide range of causes.

Financial Review

The effects of COVID-19 during the year had a continuing impact on income, which combined with higher than usual levels of expenditure on maintenance, protective equipment and utility costs, have produced a deficit of income, which in turn has resulted in another decrease in the amounts available for donation to charitable and other organisations.

Structure, governance and management

The charity is a charitable company limited by guarantee. It is governed by a memorandum and articles of association, and is overseen by a board of trustees, who are also directors for the purposes of the Companies Act.

Reference and administrative details

Charity Number: 1045264 Company Number: 02735172 Registered Office: 38 St Peters Street, Canterbury, Kent CT1 2BG Examiner: A.M. Mumford TD, FCA, CTA Bankers: Metro Bank

2

Directors and trustees

The following persons served as directors and trustees during the year:

Company and charity law requires the trustees to prepare accounts for each financial year which give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for that year. In preparing those accounts, the trustees have:

Trustees' responsibilities

The trustees have overall responsibility for ensuring that the charity has an appropriate system of controls, financial and otherwise. They are also responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure the the financial statements comply with the Companies Act. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Investment Powers

The trustees have broad ranging powers to make investments.

Charitable and political contributions

During the year the charity made grants to institutions totalling £5025

Review of activities and future developments

The Canterbury Masonic Charities Association Limited will continue to make donations and grants to charities and organisations.

Disclosure of information to the external examiner

Each person who was a director or trustee at the time this report was approved confirms that:

This report was approved by the board on 22 September 2022 and signed by its order.

__ G. Lee Esq Trustee

3

Canterbury Masonic Charities Association Ltd Company Limited by Guarantee

Statement of Financial Activities (Including summary income and expenditure account)

for the year ended 30 June 2022

Notes
Incoming Resources
1
Incoming resources from charitable activities:
Rents receivable
Donations received
Government grants
Interest received
Total incoming resources
Resources expended
Grants payable in furtherance of the Charity's objects
Governance costs
Total resources expended
Net (outgoing) / incoming resources
2
Net movement in funds
Fund balances brought forward at 1 July 2021
Fund balances carried forward at 30 June 2022		 Unrestricted
Restricted
Funds
Funds
29,945
6,814
0
18
36,777
0
5,025
44,128
49,153
0
(12,376)
0
0
566,810
(12,376)
566,810		 2022
£
29,945
6,814
-
18
36,777
5,025
44,128
49,153
(12,376)
566,810
554,434		 2021
£
20,960
3,893
7,023
32
31,908
1,977
30,989
32,966
(1,058)
567,868
566,810

4

Canterbury Masonic Charities Association Ltd Registered number: 02735172 Balance Sheet as at 30 June 2022

Notes
Fixed assets
Tangible assets
4
Current assets
Debtors
5
Cash at bank and in hand
Creditors: amounts falling due
within one year
6
Net current assets
Net assets
Capital and reserves
Fund balances
6
Shareholders' funds		 2022
£
507,784
-
48,706
48,706
(2,056)
46,650
554,434
554,434
554,434		 2021
£
509,961
3,246
56,469
59,715
(2,866)
56,849
566,810
566,810
566,810		 2021
£
509,961
3,246
56,469
59,715
(2,866)
56,849
566,810
566,810
566,810
566,810
566,810
566,810

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.

_______ G. Lee Esq Chairman Approved by the board on 22 September 2022

5

Canterbury Masonic Charities Association Ltd Statement of Cash Flows for the year ended 30 June 2022

Cash flows from operating activities
Operating surplus/(deficit)
Reconciliation to cash generated from operations:
Depreciation
Amortisation of goodwill
Decrease in stocks
Increase in debtors
Increase in creditors
Cash from other sources
Interest received
Proceeds from sale of investments
Net increase/(decrease) in cash
Cash at bank and in hand less overdrafts at 1 July
Cash at bank and in hand less overdrafts at 30 June
Consisting of:
Cash at bank and in hand
Overdrafts		 2022
£
(12,394)
2,177
-
-
3,246
(810)
(7,781)
18
-
18
(7,763)
56,469
48,706
48,706
-
48,706		 2021
£
(1,090)
2,260
-
-
(180)
31
1,021
32
-
32
1,053
55,416
56,469
56,469
-
56,469

6

Canterbury Masonic Charities Association Ltd Independent examiner's report to the trustees

I report on the accounts of the company for the year ended 30 June 2022 which are set out on pages 4 to 10.

Respective responsibilities of trustees and examiner

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

• to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and

Basis of independent examiner's report

My examination was carried out in accordance with the general Directions given by the Charity Commission. 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 seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that in any material respect the requirements:

• to keep accounting records in accordance with section 386 of the Companies Act 2006; and

• to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015). have not been met; or

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

A.M. Mumford TD, FCA, CTA Chartered Accountant

Upper Cross Farm Thornton Lane Eastry Kent CT13 0EU

22 September 2022

7

Canterbury Masonic Charities Association Ltd Notes to the Accounts for the year ended 30 June 2022

1 Accounting policies

Accounting convention

The principal accounting policies adopted in the preparation of the financial statements are as follows:

a) Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

The Charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

b) Reconciliation with previous Generally Accepted Accounting Practice

In preparing the accounts, the trustees have considered whether in applying the accounting policies required by FRS 102 and the Charities SORP FRS 102 the restatement of comparative items was required. No restatements were required.

c) Preparation of the accounts on a going concern basis The trustees consider that the charity is a going concern.

The charity had taken advantage of the section 396(5) of the Companies Act 2006 and has adapted the Companies Act formats to reflect the special nature of the charitys' activities.

Company Status

The charity is a company limited by guarantee. The members of the company are named in the trustees' report. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity.

Fund Accounting

General funds are unrestricetd funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Incoming resources

All incoming resources are included in the SoFA when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. For legacies, entitlement is the earlier of the charity being notified of an impending distribution or the legacy being received.

No amounts are included in the financial statements for services donated by volunteers.

Resources expenses

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Turnover

Turnover represents the total income of charitable activities carried on during the year.

Depreciation

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Land and buildings (Not provided) Fixtures & fittings 15% reducing balance Plant and machinery 20% straight line 2 Operating (deficit) / surplus 2022 2021 £ £ This is stated after charging: Depreciation of owned fixed assets 2,177 2,260 Examiners' remuneration 1,480 1,560

8

Canterbury Masonic Charities Association Ltd Notes to the Accounts for the year ended 30 June 2022

Trustees' emoluments

The trustees neither received nor waived any emoluments as trustees during this or the previous year.

The following persons received emoluments as employees of the company for services provided:-

K.A. Kemp Esq
P. Smithson-Birch Esq
2
Grants payable in furtherance of the charitys' objects
Masonic Grand Charity
Binneworth Charity
3
Employees
Average number of persons employed by the company
4
Tangible fixed assets
Cost
At 1 July 2021
At 30 June 2022
Depreciation
At 1 July 2021
Charge for the year
At 30 June 2022
Net book value
At 30 June 2022
At 30 June 2021
5
Debtors
Trade debtors
Other debtors
6
Creditors: amounts falling due within one year
Trade and other creditors
Taxation and social security costs
6
Funds account
At 1 July 2021
Prior year adjustments
At 1 July 2021
Surplus/(deficit) for the year
At 30 June 2022
The charity made grants to institutions during the year totalling £5025
Grants made in excess of £1,000 were as follows:-		 Land and
buildings
£
500,000
500,000
-
-
-
500,000
500,000		 2022
£
3,250
3,900
2022
£
-
2,050
2022
Number
2
Plant and
machinery
etc
£
39,312
39,312
29,351
2,177
31,528
7,784
9,961
2022
£
-
-
-
2022
£
1,861
195
2,056
2022
£
566,810
-
566,810
(12,376)
554,434		 2021
£
5,000
3,000
2021
£
1,100
-
2021
Number
2
Total
£
539,312
539,312
29,351
2,177
31,528
507,784
509,961
2021
£
2,766
480
3,246
2021
£
2,450
416
2,866
2021
£
567,868
-
567,868
(1,058)
566,810

9

Canterbury Masonic Charities Association Ltd Detailed profit and loss account for the year ended 30 June 2022

This schedule does not form part of the statutory accounts

Income
Donations received - unrestricted
Donations received - restricted
Lodge calls
Bar and catering levy
100 Club
Hall bookings
Government grants
Interest received
Donations and direct costs
Donations - unrestricted funds
Governance costs
100 Club
Administrative expenses
Employee costs:
Temple management - wages
Premises costs:
Rates & water
Light and heat
Cleaning
Repairs and maintenance
General administrative expenses:
Stationery and printing
Insurance
Depreciation
Sundry expenses
Legal and professional costs:
Accountancy fees		 Unrestricted
Restricted
Funds
Funds
4,500
-
23,060
5,690
2,314
1,195
-
18		 2022
£
4,500
-
23,060
5,690
2,314
1,195
-
18
36,777
5,025
5,025
780
780
7,150
7,150
633
11,972
3,313
12,802
28,720
151
3,435
2,177
235
5,998
1,480
1,480
49,153		 2021
£
1,877
-
21,020
-
2,016
(60)
7,023
32
36,777
-		 31,908
(See Note) 1,977
1,977
660
660
10,524
10,524
671
4,525
272
8,021
13,489
82
2,147
2,260
267
4,756
1,560
1,560
32,966

Note:

Insurance cost £2,147 for 2021 is net of an insurance claim of £1,460 in September 2020 for malicious damage to roof.

10