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**
- J. Axford Esq
S. Barnes Esq (Appointed 14 Sep 2021)
- P. Earwicker Esq (Resigned 14 Sep 2021)
- A. Eldridge Esq
- S. Flower Esq
- I. Gilmour Esq
- P. Langdown Esq
- G. Lee Esq (Chairman)
- L. Marvelly Esq (Decd 19 Sep 2021)
- A. Pybus Esq (Secretary)
- P. Smithson-Birch Esq (Treasurer)
- R. Wilson Esq (Appointed 20 Jan 2022)
## **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:
- J. Axford Esq
- S. Barnes Esq (Appointed 14 Sep 2021)
- P. Earwicker Esq (Resigned 14 Sep 2021)
- A. Eldridge Esq
- S. Flower Esq
- I. Gilmour Esq
- P. Langdown Esq
- G. Lee Esq (Chairman)
- L. Marvelly Esq (Decd 19 Sep 2021)
- A. Pybus Esq (Secretary)
- P. Smithson-Birch Esq (Treasurer)
- R. Wilson Esq (Appointed 20 Jan 2022)
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:
- selected suitable accounting policies and then applied them consistently;
- ● observed the methods and principles in the Charities SORP;
- made judgements and estimates that are reasonable and prudent;
- stated whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the accounts, and
- prepared the accounts on the going concern basis.
## **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:
- so far as he is aware, there is no relevant information of which the company's examiner is unaware; and
- he has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant information and to establish that the company's examiner is aware of that information.
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:
- examine the accounts under section 145 of the 2011 Act;
• 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
- to state whether particular matters have come to my attention.
## **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|
- **7 Company limited by guarantee** The company is limited by guarantee and does not have share capital.
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