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2023-06-30-accounts

Page
Report ofthe Trustees 1 to 4
Independent
Examiner's		 Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements 8 to 16
Detailed Statement of Financial Activities 17 to 18

30.6.23 30.6.22
Unrestricted Restricted Total Total
funds fund funds funds
Notes E E E
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 84,142 6,929 91,071 71,843
Investment
income		 17,147 17,147 16,187
Total 101,289 6,929 108,218 88,030
EXPENDITURE ON
Raising funds 6,165 6,165 6,789
Charitable
activities
Support Costs 2,160 2,160 1,966
Grant Funding
of activities		 109,932 6,929 116,861 98,911
Activities undertaken directly 6,458 6,458 7,273
Total 124,715 6,929 131,644 114,939
Net gains/(losses)
on		 investments (11,624) (11,624) (59,049)
NET INCOME/(EXPENDITURE) (35,050) (35,050) (85,958)
RECONCILIATION
OF FUNDS
Total funds brought
forward		 759,321 759,321 845,279
TOTAL FUNDS CARRIED FORWARD 724,271 724,271 759,321

30.6.23 30;6.22
Unrestricted Restricted Total Total
funds fund funds funds
Notes
FIXEDASSETS
Investments 12 653,270 653,270 655,804
CURRENT ASSETS
Stocks 3,225 '3,225 3,299
Cash at bank 76,049 76,049 111,796
79,274 79,274 115,095
CREDITORS
Amounts
falling due within, one year		 14 (8,273) {8,273) (11,578)
NET CURRENT ASSETS /1;001 71,001 103,517
TOTAL ASSETSI.ESSCURRENT LIABILITIES 72k,271 724,271 759,32'I
NET ASSETS 724,271 724,2?1 759,321
FUNDS 15
Unrestrjcted
funds		 724,271 759,321
TOTAL FUNDS 724,271 759,321

DONATIONS AND LEG ACIES
30.6.23 30.6.22
Unrestricted Restricted Total Total
funds funds funds funds
f E E
Gifts for outside charities 50,116 6,929 57,045 49,445
Undesignated Donations from Lodges 34,026 34,026 22,398
84,142 6,929 91,071 71,843
INVESTMENT INCOME
30.6.23 30.6.22
Unrestricted Restricted Total Total
funds funds funds funds
Income from Listed Investments 16,825 16,825 16,175
Bank &Other Interest 322 322 12
17,147 17,147 16,187

Investment Investment management management management costs costs
30.6.23 30,6.22
Unrestricted Restricted Total Total
funds funds funds funds
E E E
Investment Management Fees 6,165 6,165 6,789
CHARITABLE ACTIVITIES COSTS
Grant
funding of
Direct activities Support
Costs (see (see note costs (see
note 7) 8) note 9) Totals
F F E E
Support Costs 2,160 2,160
Grant Funding of activities 116,861 116,861
Activities undertaken directly 6,458 6,458
6,458 116,861 2,160 125,479
DIRECT COSTS OF CHARITABLE ACTIVITIES
30.6.23 30.6,22
E
Order of Women Freemasons Admin Charge 6,183 6,548
Cost of Regalia 75 552
Bank Charges 200 173
6,458 7,273
GRANTS PAYABLE
30,6.23 30.6,22
E E
Grant Funding of activities 116,861 98,911
The total grants paid to institutions during the year was as follows:
30.6.23 30.6.22
F E
Adelaide Litten Charitable Trust 6,929 6,019
General 109,932 92,892
116,861 98,911

30.6.23 30.6.22
Support Total
Costs activities
F
2,160 1,966

Unrestricted Restricted Total
funds fund funds
F F F
INCOME AND ENDOWMENTS FROM
Donations
and		 legacies 38,342 33,501 71,843
Investment
income		 16,187 16,187
Total 54,529 33,501 88,030
EXPENDITURE ON
Raising funds 6,789 6,789
Charitable
activities
Support Costs 1,966 1,966
Grant Funding of activities 65,410 33,501 98,911
Activities
undertaken		 directly 7,273 7,273
Total 81,438 33,501 114,939
Net gains/(losses)
on		 investments (59,049) (59,049)

11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted Restricted Total
funds fund funds
P F
NET INCOME/(EXPENDITURE) (85,958) (85,958)
RECONCILIATION OF FUNDS
Total funds
brought		 forward 845,279 845,279
TOTAL FUNDS CARRIED FORWARD 759,321 759,321
12. FIXEDASSET INVESTMENTS
Listed
investments
MARKET VALUE
At 1 July 2022 655,804
Additions 391,909
Disposals (382,819)
Revaluations (11,624)
At 30June 2023 653,270
NET BOOK VALUE
At 30June 2023 653,270
At 30June 2022 655,804
Investments
held within the UK- F288,270(2022-f299,301)
Investments
held outside the UK - 8365,000 (2022 - F356,503)

30June 2023 30June 2022
f.
48,000Shares in United Kingdom (Government
Of) 2% SNR		 48,139
450 Shares
in		 IShares GBP CORP BD0.5 UCITS ETF 44,633
35,373Shares in Royal London
Unit Trust Managers		 43,438
165Shares
in		 Vanguard Investments
UK Ltd US Equity		 41,778
31,820 Shares in Ninety One Fund Managers
UK Ltd		 41,102
5,613Shares in Polar Capital Funds PLC Global Convertibles INC NAV 38,451
35,500Shares in Credit Suisse AG London Branch CS6.7% FTSESPX 37,946
86,205 Shares in Legal & General UT L8G SH DTD STG CRP BD IDXC 39,353
29,379Shares in Royal London BD FD RL Sterling Credit Z GBP Dl 33,140
42,133Shares in UK (Govt of) 2% SNR 07/09/2025 39,510
353Shares
in		 Vontobel Fund 24 Abst Rtn Crd AQG 33,265
126Shares
in		 Vanguard Inv funds US EQ IDX Instl Pic 35,017
Total 180,285 295,487
Cost or valuation at 30 June 2023 is represented
by:
Listed
investments
E
Valuation
in 2023		 653,270
13. STOCKS
30,6.23 30.6.22
E
Jewels/Sashes 3,225 3,299

14. CREDITORS: AMOUNTS AMOUNTS AMOUNTS FALLING DUE WITHIN ONE YEAR FALLING DUE WITHIN ONE YEAR FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
E E
Trade creditors 649 6,018
Other creditors 7,624 5,560
8,273 11,578
15. MOVEMENT IN FUNDS
Net
movement At
At 1.7.22 in funds 30.6.23
F F
Unrestricted funds
General
fund		 759,321 (35,050) 724,271
TOTAL FUNDS 759,321 (35,050) 724,271
Net movement in funds, included in the above are as follows:
Incoming Resources Gains and Movement
resources expended losses in funds
E F
Unrestricted funds
General
fund		 101,289 (124,715) (11,624) (35,050)
Restricted funds
Restricted 6,929 (6,929)
TOTAL FUNDS 108,218 (131,644) (11,624) (35,050)
Comparatives for movement in funds
Net
movement At
At 1.7.21 in funds 30.6.22
F F F
Unrestricted funds
General fund 845,279 (85,958) 759,321
TOTAL FUNDS 845,279 (85,958) 759,321

Incoming Resources Gains and Movement
resources expended losses in funds
E F E
Unrestricted funds
General
fund		 54,529 (81,438) (59,049) (85,958)
Restricted funds
Restricted 33,501 (33,501)
TOTAL FUNDS 88,030 (114,939) (59,049) (85,958)
Net
movement At
At 1,7.21 in funds 30.6.23
Unrestricted funds
General fund 845,279 (121,008) 724,271
TOTAL FUNDS 845,279 (121,008) 724,271
Incoming Resources Gains and Movement
resources expended losses in funds
E F E
Unrestricted funds
General
fund		 155,818 (206,153) (70,673) (121,008)
Restricted funds
Restricted 40,430 (40,430)
TOTAL FUNDS 196,248 (246,583) (70,673) (121,008)

DETAILED STATEMENT OF FINANCIAL DETAILED STATEMENT OF FINANCIAL DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 30JUNE 2023
30,6.23 30.6.22
Unrestricted Restricted Total Total
funds funds funds funds
P
INCOME AND ENDOWMENTS
Donations
and		 legacies
Gifts for outside charities 50,116 6,929 57,045 49,445
Undesignated
Donations		 from Lodges 34,026 34,026 22,398
84,142 6,929 91,071 71,843
Investment
income
Income from Listed Investments 16,825 16,825 16,175
Bank 8 Other Interest 322 322 12
17,147 17,147 16,187
Total incoming resources 101,289 6,929 108,218 88,030
EXPENDITURE
Investment
management		 costs
Investment
Management		 Fees 6,165 6,165 6,789
Charitable
activities
Order of Women Freemasons Admin Charge 6,183 6,183 6,548
Cost of Regalia 75 75 552
Bank Charges 200 200 173
Gifts to outside charities 109,932 6,929 116,861 98,911
116,390 6,929 123,319 106,184
Support costs
Management
Accountancy
fee		 2,160 2,160 1,966
Total resources expended 124,715 6,929 131,644 114,939
Net (expenditure)/income before gains and
losses (23,426) (23,426) (26,909)
Realised recognised
gains and		 losses
Carried forward (25,586) (25,586) (28,875)

FOR TH E YEAR ENDED 30JUN E 2023
30.6.23 30.6.22
Unrestricted Restricted Total Total
funds funds funds funds
E E F F
Realised recognised gains and losses
Brought forward (25,586) (25,586) (28,875)
Realised gains/(losses) on fixed asset
investments (11,624) (11,624) (59,049)
Net (expenditure)/income (35,050) (35,050) (85,958)