LONDON FREEMASONS, CHARITY Financial Statements Year Ended 30 September 2025 Charity registration number.. 1081205
LONDON FREEMASONS, CHARITY Financial Ststements Year Ended 30 September 2025 Contents Page Charity Reference and Administrative Details Report of the Chaim)8n of the Executive Committee Report of the Executive Committee Independent Audilorfs Report Statement of Financial Activities 11 Balance Sheet 12 Slalement of Cash Flows 13 Notes lo the Financial Statements 14
LONDON FREEMASONS, CHARITY Charily Reference and Administrative Details Year Ended 30 September 2025 Charity reglstratlon number 1081205 Trustees Strallon Richey Roderic Drynan Glyn-Thomas Stuart John Sherriff Geoffrey James Waddoups Robert Whitelaw Carole Hunt Chaimian Slrallon Richey Treasurer Derek Lane Principal office 60 Great Queen Street PO Box 29055 London WC2B 5AZ Audltor PKF Littlejohn LLP ststutory Auditor 30 Churchill Place Canary Wharf London E14 5RE Bankers Barclays Bank PIC Fleet stet Corporate Banking 83-117 Euslon Road London NW12BB Metro Bank PIC No 1 Soulhamplon Row London WC18 SHA Investment managers CCLA Investment Management One Angel Lane London EC4R 3AB
LONDON FREEMASONS. CHARITY R•port ol th• Chllmian ol tho Ex•cullve Commltt Ye•r End•d 30 S•pt•mb•r 2025 l am so lo bo a Fr8em890n. Pwb¢0rtY In LoxIc. Lo( •1 what ha achle%d ArvAI lor LoTrkn's Amt18 I have wntilng. or assctiai¢d wth. aFgeals In Lthkn fcrf ovef 23 yeorJ ntyy. arKI l am rggulwty by ihe genofosty ol Loithn Freema$5 L•si year opened a Relièl Chesi for ihg Roy81 Brtltsh Logb)n. Whbi an amazry ros had - £140.IXKI iaised. This rell6cls whai the membeship irTwlanl. The Royal Bnlth Lgn Rgh81 thst Slay Sof those LtrJge3 ar•J Chjplws iTrJivNJyals vh) lo th)nate v44 our cOmts effcrft li rs &ry)ly R8L Y1 dwty. the L¢JNJon Fr0enSons. Chanty {LFC). Is sldl reeéwty h)ts crf Tw$1$ lor lunds fThn rthY Wo aim to los¢0 to thoii ffjwosl thIn 10 days And. Il Ihoy aro SUCSsIu1 wth Ihe reqijesi. transfer lurmjs SIW Ihwoaftei. Th lull roFort fN the ty can ixj Rosgtta ar4J In Ihal reFCgfl Y can seo rnnge ol chants we have surwl&l So. Ttsre tS)es Ve us finafw1I Wll. rot in a trt ldS wo We lo replac8 fuThJs Ihal we hève used thile Ihe apwal has been runniry. Se4efal Lcts chapte make ie9Utaf S)nath)ns lo Ihe LFC, and I Ih8nk Ihom lor ihal I w41 hwther ask. rtoty. thal Lftys arwj Chapters Iwk al Ihe luNJs Icrf ch•Tilablo and e4Jnside¢ Wpin91o Iw up Ouf fvrds Lcok Bt makry a rtyAar d¢ma. wrtwps as a wceniago ol raised So. 8, l t)uk1 Iiko lo soo rrwe fvrmjs ecffing In. bul l be equalty hBppy wilh spcy6n9 re5 IT cthanls¢s wh ben¢frt rrtF4¢ ol Lon(bn Tho guwjelines for apF4¢I Cèn be lourKI cth Rosetta The btt•ry. of detsils wtr on Rcwlla, has c4turod ol mary 11 iy open nM.MasC. fn'eryts aThJ family. If p51 a small iKkét Vn w d4nty te stsble I of each IKk•l ts destined lty tho Chwty. A3 ) po(¥4• ssn up, Ihen the vekty is¢ Irthases. Exh rynIh we arv all enteFod into 8 IDryef Ic41ery wlh a Ze 01 £25.OW possible. Tho QR c(th bokv. AllematNoly ths "ihvbw I Str•tton Rlchy Chalrnun of London Fr••maAM*' Charlty. th• ¢h•dty d London Frn•muo
LONDON FREEMASONS, CHARITY Report of the Executive Committee Year Ended 30 September 2025 The Executive Committee present their report and the audited financial statements of the charity for the year ended 30 September 2025. The Executive Committee have adopted the provisions of the Slalemenl of Recommended Praclice "Accounting and Reporting by Charities" I'SORP") in preparing the annual report and financial statements of the charity. The financial statements have been prepared in accordance with the accounting policies sel out in the notes lo the accounts and comply with the charity's goveming document, the Charities Act 2011 and the SORP as applicable from 1 January 2019. Trustees of the charity The Trustees of the charity are its Executive Committee for the purposes of charity law. The trustees who have served during the year and since the year end were as follows.. Quentin Charles Triscott Humberslone (resigned 3 March 20261 Stratton Richey James Michael Walker (resigned 30 September 20251 Roderic Drynan Glyn-Thomas stuart John Sherriff Geofftey James Waddoups Robert While12W Carole Hunt (appointed 5 March 20251 structure. Governance and Management: Constitutlon The London Freemasons, Charity ILFCI {previously Metropolitan Masonic Charilyl is an unincorporated asso¢ialion, ¢onslituled by its Trust Deed dated 22 March 2000. It is a charity registered in England and Wales, registered charity number 1081205. Appolntment of the Executlve Committee The management of the LFC is the responsibility of the Executive Committee, who comprise the Trustees of the Charity. The Executive Committee are elected al the Annual General Meeting and hold office from the conclusion of that meeting, under the terms of the Trust Deed. Related Partles The Melropolilan Grand Lodge of London I'MelGLI, from time lo time selects charities where its support will produce significant results. ThAetGL questS London Lodges, Chapters and individuals lo make charitable donations to LFC for onward transmission lo these selected charities. Risk Management The Committee has continued to examine the major slralegic, business and operauonal risks which LFC faces and confim that systems have been established lo enable regular reports lo be produced so that the necessary steps can be taken lo lessen these risks.
LONDON FREEMASONS, CHARITY Report of the Executive Committee Year Ended 30 September 2025 Oblectives and actlvltles Policies and ob ectives The furtherance and promotion of such exclusively charitable purposes as the Executive Committee may, in ils absolute discretion, from lime to lime determine and in particular Ibul without restiicb'onl the relief of need of poverty or distress or the advancement of education. LFC exists lo encourage charitable giving among London freemasons. In furtherance of this aim, LFC acts as a collection point for donations lo designated charities from London Lodges, London Chapters and individuals in order lo relieve the designated charity of this adminislralive tssk. Public benefit statement The Trustees have referred lo the Charity Cornmission's general guidance on public benefit when revlewing the Charity's aims and objectives and in planning future activities. Achlevernents and perfomiance MetGL. London Lodges and Chapters continue their generous support. Donations received and collections for unreslricled funds amounted lo £161,179 {2024'. £93,295). In addition. restricted funds of £483,124 12024.. £2,016,404} were received. Total expenditure incurred by the charity amounted lo £944,45512024.' £2,633,742 as reslaledl which included grants of £427,302 12024.. £413,487 as reslaledl in respect of unrestricted funds made to London charities, and £493.000 12024: £2,200,000) granted from reslricled funds lo Loncjon Air Ambulance. Flnanclal review {Including reserves policy) LFC is maintaining unreslricled funds which now lolal £1,401,194 {2024'. £1,705.937 as reslatedl to allow the Committee to exercise its discretion to support other charitable causes. The Committee seeks lo increase unreslricled funds lo allow promotion of charitable purposes as the Committee in ils discretion may determine. Plans for future perlods The Committee expects activity on the Unrestricted Fund for 25-26 to be similar to the previous year bul 2025 saw the end of the London Air Ambulance Appeal and therefore restricted fund activity is likely lo be much reduced. Twstee's responsibilities The trustees are responsible for preparing the trustees, annual report and the financial statements in aCL0rdan with applicable law and United Kingdom Accounb'ng Standards {Uniled Kingdom generally accepted accounting practi (UK GAAPII. The law applicable lo charities in England and Wales requires the trustees to prepare financial slalements for each financial year which give a true and fair view of the slate of affairs of the charity and of 5ts incoming reSoUrS and application of resources of the charity for that period. In preparing these financi21 statements, the Iruslees are required to.. select suitable accounting policies and then apply them consislenlly., observe tho methods and principles in the Charities SORP., make judgments and eslimales that are reasonable and pnjdenl.. state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial stalemenls.,
LONDON FREEMASONS, CHARITY Report ol ihe Exocullvè Commltte• Yeaf Ended 30 S•ptemb•r 2025 prnparo th• frial stateffl•ils rm the gC4ng cry)cem bass unless rt rn apprOal0 to Frfosun that the w1 eonbnue In tsiness. Tho thisloes are reSpOle f keej pro)r )untIng iecoros th81 dtsckno wilh feawab atr0¢Y al 8ny tlft* lh¢ fffitsncial •)srtTr ol chBnty enablo ttwm lo ensure Ihat tho finantsal stslements ctthrAy wrth I1 chan13 Ad 2011 and Iho Charitycs (Ants and ReFts) Regulatrjr 2CQg. They are 8lso restSIbl saleguarding Ihe assets ol Ihe he lakJ"ng reasonalye 0p$ the pInIK and dotodKm ol fraud ano Otr IrTegL4orilios. Ckn behall of Ihe Exe4xrtivo Committee stratt( RKlw. Tfuslèe Oats.. i £ 114¢y Lcyl6
LONDON FREEMASONS, CHARiff Independent Auditor's Report Year Ended 30 September 2025 INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF LONDON FREEMASONS, CHARITY Opinion We have audited the financial statements of London Freemasons, Charity Ilhe 'charily'l for the year ended 30 September 2025 which comprise the Slalement of Financial Activities, the Balanc8 Sheet, the Statement of Cash Flows and notes lo the financial slalemenls, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicablo law and United Kingdom Accounting Stsndards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Pracli¢el. In our opinion the financial stalemenls.. give a true and fair view of the slate of the charity's affairs as at 30 September 2025. and of ils inming resources and application of resources, including its income and expenditure, for the year then ended., have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice.. and have been prepared in accordance with the requirements of the Charities Act 2011. Basis for opinion We conducted our audit in accordance with Intemalional Standards on Auditing IUKI IISAS IUKII and applicable law. Our SponSibl11t1eS under those stsndards are further described in the Auditor's responsibilities for the audit of the financial slalements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant lo our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate lo provide a basis for our opinion. Concluslons relating to going concern In auditing the financial statements, we have concluded that the trustees, use of the going concem basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed. 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 lo continue as a going concern for a period of at least twelve months from when the financial slalemenls are aulhorised for ISSU8. Our responsibilities and the responsibilities of the trustees with respect lo going conrn are described in the relevant sections of this report. Other information The other infom)ation comprises the infomiation inclLJded in the Report ofthe Executive Committee, other than the financial slalements and our auditor's report Ihereon. The Iruslees are responsible for the other information contained within the Report of the Executive Committee. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion Ihereon. Our responsibility is lo read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial slalemenls or our knowledge obtsined in the course of the audit, or olhewise appears lo be materially misstated. If we identify such material inconsistencies or apparent material misslalemenls, we are required to determine whether this gives rise to a material misstatement in the financial slalemenls themselves. If, based on the work we have perfomed, we conclude that there is a material misstalemenl of this other information, we are required lo report that fact.
LONDON FREEMASONS, CHARITY Independent Auditor's Report Year Ended 30 September 2025 We have nothing lo report in this regard. Matters on whlch we arè required to report by exceptlon We have nothing lo report in respect of the following matters in relation lo which the Charities (Accounts and Reports) Regulations 2008 require us lo report to you if. in our opinion= the information given in the financial stslements is inconsistent in any material respect with the Report of the Executive Committee., or sufficient accounting records havo not been kept,. or the financial statements are not in agreement with the accounting records-, or we have not received all the information and explanations we require for our audit. Responslbllltles of trustees As explained more fully in the trustees, responsibilities statement, the trustees are responsible for the preparation of financial statements which give a true and fair view, and for such intemal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misslalement, whether due lo fraud or error. In preparing the financial stalemer+ls, the trustees are responsible for assessing the charity's ability lo continue as a going concern, disclosing, as applicable, matters related lo going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations. or have no re81islic allemative but lo do so. Audltor's responsibilities for the audit of the financial statements We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordan with the Act and relevant regulations made or having effect Ihereunder. Our objectives are lo obtain reasonable assurance about whether the financial slalemenls as a whole are free from material misslatemenl, whether due lo fraud or error, and to issue an auditor's report th81 includes our opinion. Reasonable assuran is a high level of assurance bul is not a guarantee that an audit conducted in accordance with ISAS {UKI will always delect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users tsken on the basis of these financial slatemenls. Irregularities, including fraud, are instsnces of non-compliance with laws and regulations. We design procedures in line with our responsibilities. outlined above. to detect Material misststements in respect of irregularities, including fraud. The extent lo which our procedures are capable of delecling irregularities, including fraud is detailed below.. We obtained an understsnding of the charity and the sector in which it operates to identify laws and regulations that could reasonably be expe¢led lo have 8 direct effect on the financial statements. We obtained our understanding in this regard through discussions with management, application of cumulative audit knowledge and experience of the sector. We determined the principal laws and regulations relevant lo the charity in this regard lo be those arising from Charities Ad 2011 and Charities (Accounts and Reports} Regulations 2008. We designed our audit procedures lo ensure the audit team considered whether there were any indications of non-compliance by the charity with those laws and regulations. These procedures included, but were not limited lo enquiries of management.
LONDON FREEMASONS, CHARITY Independent Audltor's Report Year Ended 30 September 2025 We also identified the risks of material misstatement of the financial statements due to fraud. We did not consider there to be any risks, in addition lo the non-rebultsble presumption of a risk of fraud arising from management override of controls. As in all of our audits, we 8ddressed the risk of fraud arising from management override of controls by performing audit procedures which included, bul were not limited lo= the lesling of journals,. reviewing ac¢ounling eslimales for evidence of bias,. and evaluating the business rationale of any signfficant transactions that are unusual or outside the normal course of business. Because of the inherent limitations of an audit, there is 8 risk that we will not detect all irregu18rilies, including those leading lo a material misstatement in the financial statements or non-complianTr with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial slalements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due lo fraud rather than error. as fraud involves Sntentional concealment, foryery, collusion, omission or misrepresentation. A further description of our responsibilities for the audit of the financial slalemenls is located on the Financial Reporting Council's website al.. wMv.frc.or .uklauditorsres onsibililies. This description forms part of our auditor's report. Use of our report This report is made solely to the charity's trLJStees, as a body, in accordance with Part 4 of the Charities {Accounls and Reports) Regulations 2008. Our audit work has been undertaken so that we might stale lo the charity's trustees those mallers we are required lo stale lo them in an auditor's report and for no other purpose. To the fLJllesl extent permilled by law, we do not accept or assume responsibility lo anyone other than the charity and the ¢harily's trustees as a body. for our audit work, for this report. or for the opinions we have formed. ////,// PKF Littlejohn LLP Statutory Auditor 30 Churchill Place Canary Wharf London E14 5RE 29 July 2026 PKF Littlejohn LLP is eligible for appointment as auditor of the charity by virtue of its eligibility for appointment as auditor of a company under section 1212 of the Companies Act 2006 10
LONDON FREEMASONS, CHARITY statement of Financial Activities Year Ended 30 September 2025 2025 Unrestricted Restricted funds funds 2024 As restated Total Total Note Income from: Donations and legacies Investments Other income 161,179 45,526 4,351 483,124 644.303 45.526 4,351 2,109,699 57,200 Total Incorne 211,056 483.124 694,180 2,166,899 Expenditure on: Charitable activities Other activities (448.9951 {493,0001 12,4601 (941,995) {2.4601 {2,628.4711 15,2711 Total expenditure {451,4551 1493,0001 {944,4551 12,633,742) Nel {lossesllgains on investments Gain on disposal of investments {59,5051 3,801 159,5051 3,801 162,797 2,104 Net {expenditure)Ilncome (296.1031 19,8761 (305.979 1301,942} Transfers between funds 18,6401 8,640 Net movement In funds (304,7431 11,2361 (305,9791 1301,942) Reconciliation of funds: Total funds brought forward 11 1,705,937 66,940 1,772.877 2,074,819 Total funds carried forward 1,401,194 65,704 1,466,898 1,772,877 All income and expenditure derives from continuing activities. The statement of financial activities includes all gains and losses recognised during the year. The notes on pages 14 10 21 form part of these financial slalements. 11
LONDON FREEhlASONS' CHARI Balan ShM¢ Year Ended 30 Sept•mr 2025 As reslaled 2024 2025 Flxed ass•t• In53trMnts 1.405,218 1.693.344 1.405.218 1.693,344 Curr•nl ••s•t• Deb1$ Cash al bank ano in ha 73.3J4 10,698 107.340 31.889 84.1x12 139.229 Cr•dltofs: •mounts f•lllng du• wllhln on• y••r io 122.4021 {59.696) N•1 curr•nt 79.$33 Total •s••t• t•u curr•nt Il•bllnl•• 1,466.898 1.772.877 Chartty Fund• UresIr1l1 IJ$ R05trtled ftJnds 1.401.194 6S.704 1.705.937 Totsl ch&rlty lund• 1,466,898 1.772.877 The finala1 5tateffnts were apm•J aTrJ aulWlso(I Icrf issu6 by ir Board on i 111 2026. on tJeh¥l ol Board ol Tnjsws Str8tton Rtw. Trnslee The ndgs on pages 14 to 21 lomi part ol thvsfr f41 slalemonls. 12
LONDON FREEMASONS. CHARITY Statement of Cashflows Year Ended 30 September 2025 As restated 2024 2025 Notè Cash flow from operatlng activities: Net cash flow used in operatlng activlties lal {299.1391 {379,2511 Cash flow from Investing activities Dividends and interest from investments Cash received on disposal of investments 45,526 230,000 57.200 20.000 Net cash flow provided by investing activities 275,526 77,200 Change in cash and cash equivalents In the reportlng period {23,6131 1302,0511 Cash and cash equivalents In the beginning of the reporting perlod 45,880 347,931 Cash and cash equlvalents al the end ofthe reporting period 22,267 45,880 Cash and cash equivalents consists of- Cash at bank and in hand Cash held by investment manager 10,698 11,569 31,889 13,991 Cash and cash equlvalents 22,267 45,880 lalReconclllatlon of net expendlture to net cash flows from operating activities Net expendlture (305,9791 {301,9421 Adjustments for: Dividends and interest from investments Net lossesllgainsl on investments Gain on disposal of investments Decrease in debtors IDecreasellincre8se in creditors 145,5261 59,505 13,8011 33.956 137.294 {57,200) {162,7971 12,1041 102,682 42,110 Net cash used In operating actlvltles (299,139 379,2511 The note8 on pages 14 10 21 form part of these financial statements 13
LONDON FREEMASONS, CHARITY Notes to the Financial Statements Year Ended 30 September 2025 Summary of significant accountlng pollcles (al General Information and basis of preparatlon The charity conslilules a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Slalemenl of Recommended Practice applicablÈ to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland {FRS 102), the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2019. The financial statements have been prepared to give a Irue and fair, view and have departed from the Charities IAccounls and Reports) Regulations 2008 only lo the exlenl required lo provide a 'lrue and fair view,. This departure has involved following the Accounting and Reporting by Charities.. Slalemenl of Recommended Practice applicable lo charities preparing their accounts in accordan¢e with the Financial Reporting Standard applicable in Ihe UK and Republic of Ireland IFRS 1021 applicable from I January 2019 rather than the Accounting and Reporting by Charities.. Statement of Recommended Pr8Ctice effective from 1 April 2005 which has Sin been withdrawn. The financial slalemenls are prepared on a going Concern basis under the historical cost convention, modified lo include certain items at fair value. The financial statements are prepared in sterling which is the function81 currency of the Charity. The Iruslees do not consider there lo be any areas of significant judgement or areas of uncertainty in the preparation of these financial slalemenls The significant accounting policies applied in the preparation of these financial slalemenls are set out below. These policies have been consistently applied lo all years presented unless otherwise slated. {bl Funds Unreslricled funds 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. Reslricled 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 eosl 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 lo tho financial slatemenls. (cl Income recognition All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity is legally entitled to the income, after any performance conditions have been met. when the amount can be measured reliably and when it is probable that the income will be received. Income from donations is recognised on receipt, unless there are conditions allached to the donation that require a level of performance before enlillement can be obtained. In thls case income is deferred until those conditions are fully mel or the fulfilment of those conditions is within the control of the charity and il is probable that they will be fulfilled. 14
LONDON FREEMASONS. CHARITY Notes to the Financial Statements Year Ended 30 September 2025 {cl Income recognitlon lcontinuedl Investment income is eamed through holding assets for investment purposes such as shares. It includes dividends and interest. Dividend and other investment income is recognised as the charity's right lo receive payment is established. {dl Expendlture recognition All expenditure is accounted for on an accruals basis. Expenditure is recognised where there is a legal or conslruclive obligation to make payments lo third parties, it is probable that the selllemenl will be required and the amount of the obligation can be measured reliably.11 is calegorised under the following headings., Grants payable to third parties are included in expenditure on charitable aclivilies. Where unconditional grants are made, these amounts are recognised when a constructive obligation is created, typically when the recipient is notified that a grant will be made to them. Where grants are conditional on perfomiance. then the grant is only recognised once any unfulfilled wndilions are outside of the control of the charity. Expenditure on charitable activities includes administration costs and governance costs. Governance costs are those costs relating lo compliance with constitutional and slalulory requirements, costs of secretarial seNices for meetings of the trustees. Value added lax is not recoverable by the Charity and as such is included in the Statement of Financial Activities {el Investments Investments are a form of basic financial instrument and are iniliaSly recognised al their transaction value and subsequently measured at their fair value as at the balance sheet date uslng the closing quoted market price. The investment portfolio does not acquire put options, derivatives or other complex financial instruments. The main form of financial risk faced by the charity is that of volalilily in equity markets and investment markets due lo wider economic conditions, the attitude of investors to investment risk, and Changes in sentiment concerning equities and within particular sectors or sub sectors. All gains and losses are taken lo the Statement of Financial Activities as they arise. Realised gains and losses on investments are calculated as the difference between sales proceeds and their opening cafrying value of their purchase price if acquired subsequent to the first day of the financial year. Unrealised gains and losses are calculated as the difference between the fair value al the year end and their carrying value. Realised and unrealised investment gains and losses are combined in the Statement of Financial Activities. (fj Flnanclal instruments The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their selllemenl value. (g} Golng concern The Trustees consider the charity lo be a going concern for at least 12 months from the dale al which the financial slalements have been signed. 15
LONDON FREEMASONS, CHARITY Notes to the Financial Statements Year Ended 30 September 2025 Income from investments 2025 2024 Bank interest receivable Dividend receivable 4,035 41,491 9,839 47,361 45,526 57,200 Analysis of expenditure on charltable actlvities As restated 2024 Total 2025 2025 Unrestricted Restricted 2025 Total Non- Masonlc Charities 3 Pillars Project Action for Kids Charitsble Trust Action Tutoring Adult Literacy Twst Attend 8exley Mencap CHAPS Circle Cornmunity Ltd CHAPS Testing Comrllunity Aclion for Refug88s and Asylum Séèkèrs Comrnunity Action On Dementia Create IArtsl Ltd Crosslight Advice Galherwell Go Live Theatre Proj8ct8 Good Vibr8tions H8ppy Days Childrens Charty Interact Stroke Support Islington & Stoke Newinglon S88 Cadets LaunGh It Trust Lennox Childrens Cancer Let Me Know k Age Southwark London rAMbU18nce London Search & R8SCU8 Masonic Almon8rs Fund- Grants Match Funded Grants M81hs Master Merton Menc4p Missing Peop18 Lld Music in H08Vta18 and Car8 Ov8com8 Ovalhou86 Th88tre Ltd Park Lan8 Slablas Power 2 Connect Pnsoners, Advice S&rvic& RiverTham8s Boat Prol8cl Royal National Lif8boal In8titulitsn Sense Sk8yCharity School Hom& Support Sh8dow lo Shine St John Ambulancé Sl Mark8 Hospital FoundalK>n Sl Vincent's Famlly Proj8Ct Slrongbon8s Children Tall Ships Youth TnJ81 Th& Chicken Sh8d Théatre Trust The Clink Charity 10,OCN) 3.000 s.0 10.000 5.000 10.000 4.355 10,000 10,000 3.000 5,000 10,000 S,0(Kl 10,0 4,355 10,000 10.000 6,508 4,470 7,151 9.928 9,928 4,000 10,0 5,000 6,000 5.500 iO,LKJO 5,000 6.000 5,500 6.000 5.000 3.500 10.000 10.000 10,0 10,0 10,000 26.5 10.000 s,000 2,200,000 8,194 14.027 164.225 3.500 5.000 10,OCQ lo,)0 493,000 493,000 110,450 110,450 10.000 10,000 6,000 10.000 8,000 10,0 8.ofMI 10,000 10,OC(I 10,000 5,000 8,WO 10,000 lo,0 5.Ch)O 15.000 5.000 5.000 5.000 10,000 5.000 5,OCKI 5.0 2,5 10,0 10.000 7.850 10.000 lo,0 16
LONDON FREEMASONS, CHARITY Notes to the Financial Statements Year Ended 30 September 2025 As restated 2024 Total 2025 2025 Unrestricted Restrlcted 2025 Total The Faod Chain IUKI Ltd Thè Healthcare Workers The Inspire Foundation The Nudeo Project Th& Sequel Trust Th& Springboard Charily The Ulysses Trust T1$ 4 Teens Tower Hatnlets Parents Centre Wellbeing First Aid Womens Tiusl W4 Youlh Ytrulh and Community ConnÈxins Other small grants Total donations paid in the year 5,000 5.000 6.000 10,0 7.560 10,000 7,580 2.000 10.000 5,000 4.210 4,210 3.912 21,658 10,5C 21,658 10,500 5,000 5,0 10.000 5.000 s.0 25.291 427.302 493,000 920.302 2.613,487 Other Charltable Activities Contribution towards th8 running cost5 of Metropolitan Grand Lodge 21.693 21.693 14,984 448,995 493,000 941,995 2.628,471 Govemanc8 etrsts 2.460 2,460 5.271 451,455 493,000 944,455 2,633.742 Governance costs 2025 2024 Auditor's remuneration Charity Costs - reception Bank charges Others 4,212 693 390 2,835 2,460 3,972 939 360 5.271 Auditor's remuneration The auditor's remuneration amounts lo an audit fee of £4,21212024- £3.9721. Trustees. and key management personnel remuneratlon and expenses The Trustees consider themselves as comprising the key management personnel of the Charity, in charge of directing and controlling the Charity. The Trustees neither received nor waived any remuneration during the year12024.' £Nill. Staff costs and employee beneflts Daily adminislralion costs are bome by Melropolilan Grand Lodge of London. The management charges for the year amounted lo £21,693 {2024'. £14,984}- 17
LONDON FREEMASONS, CHARITY Notes to the Financial Stalements Year Ended 30 September 2025 Flxed asset investments 2025 2024 Market value at 1 October Disposal Nel (lossllgain on revaluation 1.679.353 {226,1991 {59,5051 1.534.452 117,8961 162,797 1,393,649 1,679,353 Portfolio cash held by investment manager 11,569 13.991 Market value al 30 September 1,405,218 1.693,344 Historical Cost 1.255,905 1,482,104 Debtors 2025 2024 Grand Charity Relief Chest Metropoliian Grand Lodge of London Other Debtors 56,867 66,958 24,616 15,766 16,517 73,384 107.340 10 Creditors: amounts falling due within one year As rest81ed 2024 2025 Metmpolitsn Grand Lodge of London Other Creditors 17,002 5,400 59,696 22.402 59,696 18
LONDON FREEMASONS, CHARITY Notes to Ihe Financial Statements Year Ended 30 September 2025 11 Fund reconcillatlon Unrestricted funds As restated Balance at 1 October 2024 Gains I {lossesl Balance at 30 September 2025 Income Expenditure Transfers Unrestricted 1.705,937 211,056 {451,4551 (8,6401 (55,7041 1,401,194 1,705,937 211,056 (451,455) 18,6401 {55,7041 1,401,194 As restated Balance al 30 September 2024 Balance at 1 As restaled October 2023 Income Expenditure Gains I Ilossesl Transfers Unreslricled 1,878,854 150,495 1433.7421 154,5711 164.901 1.705,937 1.878,854 150,495 {433,7421 154,5711 164,901 1,705,937 Restricted funds Balance at 1 October 2024 Gains I Ilossesl Balance al 30 September 2025 Income Expenditure Transfers Sl John at Hackney Lodge London Air Ambulance Others 56.380 56,380 483,124 1493,0001 8.640 (1,2361 10,560 10,560 66,940 483,124 493.000 8,640 65,704 19
LONDON FREEMASONS, CHARITY Notes to the Financial Statements Year Ended 30 September 2025 Balan al 1 October 2023 Gains I Ilossesl Balance al 30 September 2024 Income Expenditure Transfers St John al Hackney Lodge London Air Ambulance Others 56,380 56,380 131,745 2,013.684 (2,200,000) 54,571 7,840 2.720 10,560 195,965 2.016,404 2,200,000 54,571 66,940 12 Analysls of net assets between funds 30 September 2025 Unrestricted Restricted funds fvnds Total Investments Current assets Current liabilities 1,405,218 18,378 {22.4021 1,405,218 84,082 {22,4021 65,704 Total 1,401,194 65.704 1,466.898 As restated Unreslricled Restricted funds funds 30 September 2024 Total Investments Current assets Current liabilities 1,693,344 72,289 159,6961 1,693,344 139,229 159,6961 66.940 Total 1.705,937 66,940 1,772,877 13 Flnanclal commltments There were no commitments as at the year ended 30 September 2025 or in the prevlous year. 14 Taxatlon The London Freemasons, Charity is a registered charity and is therefore potentially exempl from laxalion of its income and gains as il falls within the definition of a charity as defined in Part 1, Schedule 6of the Finan Act 2010. No tax charge has arisen during the year. 20
LONDON FREEMASONS, CHARITY Notes to the Financial Statements Year Ended 30 September 2025 15 Related party transactions and ex gratia payments The majoiity of the members of the Committee are selected from members of Melropolilan Grand Lodge of London IMelGLI. Refence is made lo MelGL in the Report of the Executive Committee. At the year end, a nel balance of £17,002 was due lo MetGL {2024.' £24,616 due from MelGL}. During the year, a contribution of £21,693 was made towards the running costs of MelGL12024'. £14,984) and this is included within expenditure. 16 Financial instruments The charity holds a number of financial assets namely investments, debtors and cash and financial liabilities namely creditors and accruals which meet the definition of basic financial instruments under the FRS 102 SORP. Details of the measurement bases, accounting policies and carrying values for these financial assets and liabilities are disclosed in note 1 above. 17 Prior year adlustment The compar81ive figures have been restated lo reflect grants that had been approved al the prior year end, but not paid, and not previously recorded as a liability. The error amounts lo £48.500 and the restalemenl has the following impact.. Net expenditure for the year lo 30 September 2024 as previously staled Adjustment to accrue expenditure lo 202312024 Net expendlture for the year to 30 September 2024 as reststed 253,442 48,500 301,942 Creditors as previoLJsly sialed al 30 September 2024 Adjuslmenl to accrue expenditure lo 202312024 Credltors as restated at 30 September 2024 11.196 48,500 59,696 The reslalements to nel expenditure and creditors have been reflected in the cash f5ow statement with no change to the underlying movement in cash in the prior year. 21