P a g e | **1** 

## **PROVINCIAL GRAND LODGE OF SURREY** 

**Surrey Provincial Charity Fund - Registered Charity No 1136154** 

|**INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31**|**INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31**|**INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31**|**MARCH 2022**||
|---|---|---|---|---|
|||**2022**|**2021**||
|**INCOME**|**£**|**£**|**£**|**£**|
|Annual Contributions from Lodges|15,097||17,049||
|PCC - COIF Investment income||6,839|9,265||
|PCC - Contributions (see note 1 below)|15,897||11,455||
|Other Contributions (see note 2 below)||6,851|1,006||
|TLC Appeal Surrey (see note 3 below)|37,655||**-**||
|Interest receivable||5|68||
|||82,343||38,843|
|**EXPENDITURE**|||||
|Grants to Petitioners||2,068|6,686||
|TLC Appeal Surrey (see note 3 below)|11,067||**-**||
|Donations (see note 4 below)|47,359||24,500||
|Sundry expenses||302|337||
|Professional Fees||1,700|1,680||
|||(62,496)||(33,203)|
|Operating surplus / (decifit) for the year||19,847||5,640|
|Net gains / (losses) on investments||12,586||18,618|
|**Surplus for the year**||**£32,433**||**£24,258**|
||||||



||**BALANCE SHEET AS AT 31 MARCH**|**BALANCE SHEET AS AT 31 MARCH**|**BALANCE SHEET AS AT 31 MARCH**|**2022**|||||
|---|---|---|---|---|---|---|---|---|
||||**2022**||||**2021**||
|||**£**||**£**||**£**||**£**|
|**Provincial Petitions Committee- operational fund**|||||||||
|Balance of fund at beginning of the year||58,380||||57,445|||
|(Deficit) / surplus for the year|||(6,448)||||935||
|||||51,932||||58,380|
|**Provincial Charity Committee- operational**|**fund**||||||||
|Balance at beginning of the year||71,288|||||47,965||
|Surplus for the year|||12,294||||23,323||
|||||83,582||||71,288|
|**TLC Appeal Surrey- operational fund (restricted)**|||||||||
|Balance at beginning of the year|||**-**||||**-**||
|Surplus for the year|||26,588||||**-**||
|||||26,588||||-|
|2030 Festival Reserve||||10,026||||10,026|
|Funding & Engagement Committee Reserve||||2,258||||2,258|
|Long Term Funds Available for Distribution||||207,021||||207,021|
|**Total Funds (See note 7 below)**|||**£**|**381,407**<br>|||**£**|**348,973**<br>|
|Represented by:|||||||||
|**FIXED ASSETS**|||||||||
|Investments (see note 5 below)||||269,656||||257,070|
|**CURRENT ASSETS**|||||||||
|Bank Current Accounts||53,712||||18,613|||
|Bank Deposit Accounts||47,982||||53,086|||
|Sundry Debtors||47,311||||42,715|||
|||||149,005||||114,414|
|**LESS: CURRENT LIABILITIES**|||||||||
|Sundry Creditors (see note 6 below)||(|1,710)|||(|1,690)||
|Short Term Funds Available for Distribution||(35,544)||||(20,821)|||
|||||( 37,254)||||( 22,511)|
|**Net Assets**|||**£**|**381,407**<br>|||**£**|**348,973**<br>|





P a g e | **2** 

Note 1 Donations received by the PCC for distribution. Note 2 Includes Gift Aid Claims, Alms Collections and Sundry Income. Note 3 TLC Surrey was amalgamated with the Surrey Provincial Charity Fund in October 2021 following which, residual funds totalling £11,719 were received. These funds, together with donations from Lodges, Chapters and other donors, are held in a restricted fund and used to purchase Teddy Bears for children in hospital. 

||purchase Teddy Bears for children in hospital.|||
|---|---|---|---|
|Note 4|Donations made during the year included:|||
||Shannon Court<br>Provincial Grand Mark Lodge of Surrey 2022 Festival|10,790<br>_Sub-total brought forward_<br>7,500<br>Princess Alice Hospice|_36,359_<br>2,000|
||Masonic Charitable Foundation<br>The Wildlife Aid Foundation<br>Lifelites<br>Jigsaw4u Ltd<br>Oakleaf Enterprise<br>Sutton Carers Centre Charity Company<br>_Sub-total carried forward_|5,000<br>Legacy Youth Zone<br>3,569<br>Phab<br>2,500<br>East Surrey Dial-a-Ride<br>2,500<br>Skillway<br>2,500<br>TLC Appeal (Surrey)<br>2,000<br>_36,359_<br>_£_|2,000<br>2,000<br>2,000<br>2,000<br>1,000|
||||47,359<br>£|
|||||



Note 5 Investments are recorded at cost (£222,000) and at fair value (i.e. market value) at the reporting date.  This treatment is in accordance with paragraph 11.14(d) of FRS 102.  Investment gains and losses , whether realised or unrealised, are combined and reported in the Income and Expenditure Account under the heading 'Net gains / (losses) on investments'. 

At 31 March 2022, the market value of investments was £269,656 (2021: £257,070) and were invested in the CCLA COIF Property Income Fund, Global Equities Income Fund, Fixed Interest Income Fund and Charities Investment (Accumulation) Fund. 

Note 6 Sundry Creditors were made up of charitable payments still to be made at the balance sheet date and other small items. Note 7 Reserves Policy - The Trustees consider it is prudent for total reserves to be maintained at the current level so that the fund is able to respond to the further needs of current petitioners and those of other Masonic and non-Masonic Charities. 

Note 8 Conduit donations - These were £44,175 benefitting 43 organisations (2021: £60,982 benefitting 42 organisations).  This is where the Fund acts as agent for Masonic units, accepting donations with instructions to pass these on to other charities or good causes or to accumulate funds to support a specific appeal (SORP 19.1 refers). 



Independent Examlners, Report to the Trustees of the Provlncial Gland Lodge of Surrey
Surrey Provlncial Charity Fund Accounts
We report on the accounts of the Charity for the year ended 31 March 2022 which are set out on the
preceding pages.
Respectlve responslbllitles of trustees and examlners
The charit¢s trustees are ￿sponsIble for the preparatlon of the accounts. The charlty's trustee5
consider that an audit is not required for this year (under section 144121 of the Charities Act 2011 Ithe
2011 Act) and that an independent examination is needed.
It Is our responsibility to:
examine the accounts lunder section 145 of the 2011 Act);
to follow the procedures laid down in the General Directions given by the Charity
Commi55ioner5 Itjnder Section 14515llbl of the 2011 Act),. and
to state whether particular matters have Come to our attention.
Basis of Independent Examlners, Report
Our examination was carried out in accordance with the general Directions issued by the Charity
Commissioners. An examinatlon includes a revlew of the accounting record5 kept by the Charity and
a comparison of the accounts presented with those records. It also include5 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 woul(1
be required in an audit, and consequently we do not express an audit oplnion on the view given by
the actounts.
Independent Examlners, Statement
In connection with our examinatlon, no matter has come to our attentlon:
111 which gives us reasonable Cause to believe that in any material respect the requirements..
to keep accounting records in accordance with 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
{21 to which in our opinlon, attention should be drawn in order to enable a proper understanding
of the accounts to be reached.
26th May 2022
Rebecca Whlte
Partner
Riches & Company
Chartered Accountants