EVESHAM MASONIC TRUST CHARITY NUMBER 1084972 TRUSTEES, ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021 PSG Bowdens
EVESHAM MASONIC TRUST Charity Number 1084972 Year ended 31 March 2021 Index Pages Trust888 and Advisers Trustees, Annual Report
4 Statement of Financial Activities Balanc8 Sheet Notes to the Accounts Independent Examinerfs Report Page 1
EVESHAM MASONIC TRUST Charity Number 1084972 Year ended 31 March 2021 Trustees and Advisers TRUSTEES: A J Munro G Hobby P A Taylor R Hendnck (Deceased 09 November 2021) R J T Rollings P Ross T Wild P Emmerson M Hadd6n R Harper SECRETARY: P A Taylor FFA, FfA, FPFS OFFICE: Masonic Hall Building8 Svmn Lane Evesham Worcestershire WR114PD INDEPENDENT EXAMINER: G Getting FCA FFA 100 High Street Evesham Worceslershi WR114EN BANKERS: Barclays Bank PIC 50 High Street Evesham Wortostorghrr• 1fft114XL HSBC 32 Bridge Street Evesham Worcestershire INR114RU Page 2
EVESHAM MASONIC TRUST Charity Number 1084972 Year ended 31 March 2021 Trustees. Annual Report The Trustees present their report and accounts for thè year ended 315t March 2021. The account$ comply with current statutory requirements and the Statement of Re¢ommended Practice "Accounting and Reporting by Charities.. The Evesham Masonic Trust is registered wtth the Charities Commission (1084972) and constituted by a Deed of Trust dated 15th September 1998. Trustees The Truslees in office during the financial year end and at the date of the report are recorded on page 2. ObJectlve8 and Actlvltles The Trust was founded to make charitable donations to both Masonic and Non-masonic organisations. Achlevemént and Porlormance Donations received were redirected at the discretion of the Trustee8 to a range of deservlng individuals and organi8ations. The Barnott Settlèment Interest was eamed on the restricted lunds this year of £72 and credited to the restricted fund accordingly. The Bamètt Settlement was gifted on the condition that it was used for charitable purposes and gifted according to th8 recommendation of the Officer8 for the time being of the Elm18y Castle Lodge. Looklng Forward The Trust foresees the generosity of its members continuing into the future, and therefore expects it will be abl8 to Gontinue maknng donations to worthwhile causes. Rlsk Managemènt The Trustees continue to review the major business and operational risks to which the charity is exposed. Systems have been established to mitigate those nsks and procedures implemented to minimise any potential impact on the Charity. Statsmont of Trusttss, R¢sponslbllltle• The Charity's Trustees a responsible for preparing the Twstees. Annual Report and the accounts in accordan with applicable law and Unrted Kingdom Accounting Standards (United Kingdom Generally Accepted Accounling Practice). The law applicable to Charities in England and Wales requires the Trustees to Ppare accounts for each financial year which give a true and fair view of the state of affairs of the Charity and of the incoming resour¢*s and application of resources of the Charty for that period. Page 3
EVESHAM MASONIC TRUST Charity Number 1084972 Year ended 31 March 2021 Trustees. Annual Report (continued) In preparing these accounts. the Trustees are required to. selèct suitable accounting policies and then apply them consistently; observe the methods and pnnciples in the Charities SORP", make judgements and estimates that are reasonable and prudent., state whether applicable accounting standards have been followed. subject to any material departu8 disclosed and explained in the financial statements. pr8pare the accounts on the going concem basis unless rt is inappropriate to presume that th8 Chanty will ntinUe in operation. The Trustees are responsible for keeping proper accounting records that disclose with reasonable ac¢ura¢y at any time the financial position of the Charity, and enable th8m to ensu that thé financial statements ¢omply wrth the Charities Act 2011 and the Charity (Accounts and Reports} Règulations 2008. The Trustees are also rèsponsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detedion of fraud and other irregularities, Governance of tha Charlty The Trust holds a General MtIng on an annual basis, at which the Trustees are elected. In addition, the meeting considers the accounts for the preceding year and considers the TNstees' Report on the activities during th8 year. The Trustees also meet during the year to ¢onsider and authorise operalional and stralegic matters. By order of the Tru8tees'. M J Hadden.. as Chair. Dated.. It P Taylor-. as Secretary. Dated.. 12 Page 4
EVESHAM MASONIC TRUST Charity Number 1084972 Yoar ended 31 Pllarch 2021 Statement of Financlal Activlties Unrestritted Restrirted 2021 2020 2021 2020 Incomlng resources Donations Covid Grants Rents 6,888 11,453 22,156 16,498 23.812 45.543 35.265 Interest 72 Total receivable 45,543 35,265 72 Resour9 expended: Charitable donatlons 10.9)) IL245 Admlnlstratlon Costs: Telephone Caretaker's honorarium Cleaning Sundry expenses Rates and Water Ref use collectlon Insurances ght and Heat Repairs and Renewals Professional Fees Accountan 401 1,456 416 3,532 2,(7 733 4.449 1,935 612 6.278 Rent 8.(XX) 7,gX) 22.{ 21,251 Totsl outgolngs 32,565 32.4% Net movement In year 12.978 2,769 72 Totsl funds brought forward Unrestricted fund (arried forward 19.163 16.394 19.163 36,199 36,127 36,222 36.193 Page 5
EVESHAM MASONIC TRUST Charity Number 1084972 Year ended 31 March 2021 Balance Sheet Unrestricted Restrirted 2021 2021 Total 2021 Total 2020 Currènt Assets Bank Account Debtors Prepayments 3L894 36,222 68,116 52,750 5,671 244 33,040 69,262 Current Uablllties Creditors Accruals and deferred income 2,305 Totsl Net assets 32,140 68,362 55,362 Represented by Funds 36,222 &8.362 Signed on behalf of the Trustees.. M J Hadden.. -as Chair. Dated.. 1% P Taylor-. as Secretary. Dated.. 18 P&Je 6
EVESHAM MASONIC TRUST Charity Number 1084972 Year ended 31 March 2021 Notes to the Flnanclal Statsments Basls of Preparation These accounts have teen prepared under the historical cost convention and in accordance with applicable accounting standards and the Statement of Recommended Practice: Accounting and Reporting by Charities and the Charities Ad 2011. 2. A¢countlng Pollcles All incom8 is credited to funds of the Trust in the year in which it is received. All liabilities are recognis8d as soon as there is a legal or constructive obligation committing the charity to pay out resources and are directly attributed to one ot the funth'onal categofies of resources expended. The Trust is not registered for value added tax. and 80 all such tax pam4 is charged to the statement of financial activtti88. Unrestricted fund8 compri8e accumulated surpluses on the general funds and are available to use at the discretion of the Trustees in furtherance of the general charitable objectives. RestriGt8d funds are to be used in accordance with specific restrictions imposed by the donor. Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the trust will comply with the conditions attaching to them and the grants will be received. Govemment grants are recognised using the accrual mtxlel. Under the accrual model, govemment grants relating to revenue are recognised on a systematic basis over the periods in which the company CognISeS the related costs for which the grant 18 intended to Compensate. Grdnts that are receivable as ¢ompensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity wrth no future related Costs are recognised in income in the period in which it becomes receivable. 3. Donatlon• 2021 2020 Donations received from the UK 1,788 11,453 Donations made in the UK 500 4. Trustses. Remuneration None of the Trustees received any remuneration from the Charity during the year. Page 7
EVESHAM MASONIC TRUST Charity Number 1084972 Year ended 31 March 2021 S. Fees for the Examlnatlon of the Accounts 2021 2020 Independent Examinerfs fee I report on the accounts ofthe Charity for the year ended 31 March 2021, vthich are set out on pages 2to7. Respective re$ponslbllltl&s of Trustees and Examlner The Charity's Trustees are responsible for Ihe preparation of the accounts. The Ch8rity's Truslees consider that an audit is not r8quired for this year under section 144(2} of the Charities Act 2011 (the 2011 Act) and that an independent examination 18 needed. It is my responsibilty to.. examine the accounts urKler section 145 of the 2011 Ac( 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. Bas18 of Independent Examinerfs Report My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination indudes a review of the accounting records kept by th8 Charity and a comparison of the accoLants presented with those Cords. It also indudes consideration of any unusual items or disclosur88 in the accounts and seeking 8xplanations from you as Trustee8 concerning any such mattars. The procedures undertaken do not provide all the evidence thal would be required in an audit and consequently no opinion is given as to whether the accounts present 'true and fair vieW and the report is limited to those matters set out in the statement below. Independent examlners, 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 wtth section 130 of the 2011 Act; and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act 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. G Getting FCA FFA PSG Bowdens LLP 100 High Street Evesham Worc8Stershire INR114EU Dated: 1% . PtL2MAtC Page 8