REGISTERED CHARITY NUMBER: 1150662
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
FOR
THE MASON FOUNDATION

THE MASON FOUNDATION
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Pag•
Report of the Truste•s
Independent Examlner's Report
Statoment of Flnanclal Attivltlgs
Statement of Flnanclal Posltlon
Notes to th• Fin•nclal Statements
10 10 14
Detalled Statement of Flnanclal AGtlvltle8
15

THE MASON FOUNDATION
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
The Iruslees present Iheir report with the financial slalements of the chaiily for Ihe year ended 31 December 2024. The
truslegs have adopted the provisions of Accounting and Reporting by ch8rilios.' Slalem8nl of Recommended Practice
applicable lo eharities preparing their 8ccounls in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland {FRS 102) (effective 1 January 20191.
OBJECTIVES AND ACTIVITIES
Objectives and aims
The Mason Foundation exists lo ereate suslainable, scalable solutions Ihal empower vulnerable communities. Our mission
is lo build a future where everyone has opportunities lo lèad active, healthier, and luifilled lives. The charity focuses on
driving systemic change to address inequalities through locally driven support, with Ioc81 people at the heart of delivery.
Slgnlficant actlvltles
2024 marked the start of our ambitious 'EmpoweTing Futures, slralegy {2024-20261, selling out our bold roadrnap lo drive
change towards a fairer society. We began Ihe year with clear obieclives focused on scaling our impacl in key regions whilst
strengthening our foundation for suslalnable growth.
Slrale9ic Objaclives for 2024
We sel out lo..
Focus and expand our delivery in three key regions.. South East, Midlands. and North Wesl
8uild team capacity with Ihr6e d8dicat8d Training and Support Workers
Expand our network of volun16ers IAmbassadors, Champions and Menlorsl lo 500+ delivering our vartous programmes
and activities
Rea¢h 3,750 beneficiaries
Programme Intggratlon
A key focus for 2024 was the seamless integration of our Communlty Mlle and Propel programmes, embedding links
between physical activity and employability. This inlegraled approach aimed lo create a holistic support system for
Champions lo support Ihose most vulnerabl8 individuals on journey lo leading active, fulfilled lives and meaningful
employmenl using the power ol physi¢al activity as a vehicle lo drive transferable skill development.
Communlty Engagement
W8 committed lo engaging with divers8 local communities, educational inslilulions, and businesses, empowering supportive
networks th81 encourage inclusivity and remove barriers whilst empowering and supporting the development of vi181
employability skills. Our approach Cenlred around supporting local people lo dnve sustainable change wilhln their
communities.
Bulldlng Local Capa¢lty
Central lo our 2024 objectives was building local capacity IhroLtgh'.
Training and empowering Propel Mentors and Community Champions
Equipping local people with skills lo support their communities long-lemi
Developing sustainable communily-led solutions
Creating pathways for vulnerable individuals lo access opportunities
This found2lion year of our Empowering Futures strategy focused on establishin9 robust delivery mechanisms and
partnerships that will support our ambitious growth plans through lo 2026.
Page 1

THE MASON FOUNDATION
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
OBJECTIVES AND ACTIVITIES
Overview of A¢livilies and Impact
Communi
Mlle Pro
ramme
Successfully expanded delivery across South East. Wesl Midlands. and North Wesl Tegions
Trained and supported over 300 Community Mile Charnpions
Established sustainable weekly activities in largel communities
Successfully integrated delivery across 7 National Trust sites, bre8klng down barrier5 to access heritage locations
Demonslraled significant health impacts with 86P/¢ of participanls ￿portIng improved physical health and 78¥¢ reporting
enhan¢ed emolional wellbeing
el Pro
ramme
Delivered vocational 5Ltpport lo young neurodivergent people across education and workplace settings
Trained over 100 Propèl Mentors
Established new partnerships with major omployers including Royal Mail, Hilton Hotels, Whilbread and 08kland
Inlemalional
Awarded funding to launch the Propel online Portal IProp81 Palhwaysl supporting neurodivergent people nationally towards
paid employment
Bes
oke Communit Im
act Pro
Piloted inlergeneralional activities
Developed eco-garden projects promoting environmental awarenes$ and community engagement
Implemented tsrgeled social impact workshops
Publlc bongfit
The charity ¢onslilul8s a public benefit entity.
ACHIEVEMENT AND PERFORMANCE
Charltablg actlvltl•s
The past year has marked significanl growth and achievement for the Mason Foundation, with our reach extending well
beyond our Inllbal largels. We are proud lo have served over 7,500 beneficiaries, subslanlially exceeding OUT projected
engagement goals. We are pmud of our geographical expansion, with successful integration of services across the East
Midlands, South Wesl, and Northem regions, allowng us lo support more individuals and communities in need.
A major mi18slone this year was aGhieving our own Level 3 Disability Confident Leader status, Teinforcing our commllmenl lo
inclusive practices. ensuring The Mason Foundation leads by example. We have continued lo strengthen our strategic
partnerships, maintaining positive collaborations with Sport England, The National Trust, and numerous housing
associations, alongside other aligned organisalions. These partnerships have enhanced our service delivery capabilities and
broadened our impact across seclors.
The inlroduelion of our National Youth Ambassadors programme has ensured we are actively embedding youlh voice
throughout our organisalion, ensuring our services remaln relevant and responslve lo the needs of our youn9 people.
FINANCIAL REVIEW
Prlncipol fundlng sourcos
This charity receives grants and funding from organisations lo conduct charitable activities and projects aligned lo The
Community Mile. Propel and bespoke community impact. During the year, il received funding lotalling £327,625 12023..
£300,364.
Page 2

THE MASON FOUNDATION
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
FINANCIAL REVIEW
Financial Management and Controls
The Mason Foundation maintains robu51 financial governance systems lo ensure appropriate management of chari18ble
funds.
Our financial operations are overseen by our CEO and Chairman, who meet monthly lo review finances and report back lo
the board of Iruslees on a quarterly basis to review financial performance against budgets and ensure compliance wlh
financial regulations.
Day-lo-day financial adminislralion is managed by our central team, wlh support from an external accountancy (Wells
Associalesl that piovides accounting services and prepares quarterly management accounts. All expenditure requires dual
aulhorisalion in 8ccord8nce with our financial procedures policy, with different thresholds of aulhorisalion depending on (ha
value of Iransaclions.
The charily uses Xeio {a ¢loud-based accounting softwaiel that enables real-time financial reporting and monitoring.
Regular financial reports aro presenlod lo the Board of Trus168s al their quarterfy meetings, allowing for lim8ly
decision-making and financial oversight.
An annual independent examination ol our accounts Is ¢onducled In compliance wilh charity law requirements, providing
additional assurance on the 8c¢uracy and completeness of our financial reporting.
Re8èrv•$ pollcy
Unreslricled funds r?serve8 are malnlained lo Gover governan¢o costs and to respond to various appllcalion of grants and
donations.
Restricted fund reserves 8re held lo be used within certain reslri¢tions of the relevant funds ieceived.
The Charity holds re$lricled funds 01 £53,87612023'. £72,437} Ihe$e will be used lor the evenl$ in 2024 and beyond. Total
Unrostricled funds held was £44,00012023.' £NILI. The lolal funds held were £97,87612023'. £72,437>.
Golng concèm
The Iru51ee's have reviewed going ¢oncern and Gonsider there lo be no malerlal uncertainties of the charlly's abllity lo
continue a5 a going concern.
FUTURE PLANS
Looking ahead lo 2025, The Mason Foundation have established 8mbllious yel achievable objecllves lo further extend our
impact. We plan lo significantly expand our operational capacity by establishing 11 people within our team. This expansion
will enable u5 lo reach our largel of supporting 15,000 beneficiaries and our extensive training programme that will piepare
1,000 Propel MonloTS and Community Champions.
UK growth lealures promlnently in our strategy, with planned extension of our services Into Wales, Scotland as well a$
further growth across En9land. We anlicipale technology will play a key role in our development through the launch of the
Propel Pathways Portal, en8bling us lo reach more beneficiarigs through innovative digital solutions. We 8Te also focusing
on slrenglhening our neuroinclusive 8mploymenl partnerships. creating more pathways lo meaningful employment for our
beneficiaries.
To ensure long-lerm suslainabilily, we ale developing now funding streams through corporale dèlivery programmes,
diversifylng our income sources whilst sharing Ouf expertise with the corporate sector.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governln9 document
The Charitable Trust is consliluted by Trust Deed dated 16 November 2012. and its objects to apply as appropriate the
income and the whole or any part or parts of the Charitable Trust at any lime or from lime lo lime generally lor such
purposes or objects which are for the benefit of the public and are recognised as exclusively Charitable according lo the Law
of England and Wales as the Iruslees in their absolute discretion may think fil.
Page 3

THE MASON FOUNDATION
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Recrultment and appointment of new trustees
The trustees delegate the day lo day responsibility for the adminlslration of the Charity to Ms Anna Skeats ICEO}.
Trustees are appoinled by resolution of the existing Iruslees. When 8 new Irusleg is so appointed, a memorandum of hislher
appointment shall be prepared.
Following appoinlmenl, new Iruslees are introduced lo their new role and given copies ol the trust deed and a gvide lo the
policies and procedures adopted by oui eharily. A number of ptsblicalions from the Charity Commission are also provided
including the guidance on charities and public benefit, This ensures that new Iruslees are aware of the scope of their
fesponsibililies under the Charities Act. Initially, new Iruslees work with existing Iruslees assisting on particular activities and
projects run by the Charity. After salisfaclory feed back from existing trustees they are then given the task of leading a
parti¢ular activity or project, reporting progress al Iruslees, meetings.
Organlsational structure
The Mason Foundation operates wllh a Clear organisalional stru¢lure designed to efficiently delSver ils charitable objectives
whil$ maintaining proper governance and accountability.
Leadership and Management
The charity is led by a Chief Executive Officer, Anna Skeats who reports directly lo the 8oard of Trustees. The CEO is
supported by 8 Senior Leadership Te8m comprising..
Head of Operations - responsible for overseeing all delivery 8clivilies
Business and Govemance Manager . managing adminislralive functions and flnancial operations
Partnerships and Developmenl Manager- leading on stakeholder engagement and operational delivery
Staffing Structure
The charity currènlly employs a Core team of 10 staff members. ol which 8 are part-lime staff.
Remote hub-based work
The Mason Foundation team operale from home, with no one central base, to keep overheads lo a minimum. Our delivery
team are regionally spread with a geographical presence across the South, Midlands. North of England and S¢otland.
Systèms and Pro¢esse$
The Charity mainlains comprehensive operational systems including..
HR policies and procedures Ihal ensure compliane6 with employmenl legislation and best practice
Quality assurance frameworks lo maintain consislenl service delivery
Data protection procedures compliant wlh GOPR requirements
Health and safely policies lo saleguard slaff. volunleers, and beneficiaries
R•lat8d partles
The Iruslees consider the board of Iruslees as comprising the key management personnel of tho charity in charge of
directing and controlling the charity and running and operating the charity on a day lo day basis.
During the year, no Iruslees of the charity were paid remun$ralion. Details of Iruslèe expenses and related paty
transaclions are disclosed in the notes lo the accounts.
Page 4

THE MASON FOUNDATION
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Risk management
The Iruslees have a duty lo identify and review the risks to which the charity is exposed and lo ensure appropriate controls
are in place to provide reasonable assurance 8gainsl fraud and error.
The Trustees examine the major strategic, business and operational risks, which the charity faces regularly. The charity
actively reviews the major risks which il faces on a regular basis and believes that maintaining reserves al current levels
combined with 8n annual review of the controls over key financial system5, will provide sufficient resources in the event of
adverse conditions.
The charity require all ils slaff and people working for the Charity lo complete approprlale Disclosure and Barring Service
{DBS) check. This is policy is regularly reviewed for all those who work with
children or olh8r vulnerabl¢ groups,
The Iruslees are satisfied that systems are in place. or arrangements are in hand, lo manage the risk$ that have been
identifièd.
The Iruslees have complied with the duly under the Charities Ael lo have due regard 10 9uld•nce publlshed by th8 Charity
Commission including public benefil guidance.
Golng Concein
The Injslees have reviewed the charity's financial position and consider there lo ￿ no materlal uncertalnlSe$ aboul The
Mason Foundation's ability lo continue as a going concern. Key factors supporting this assessment include.. the charity,
Increased income in 2024 (£327,625 compared lo £300,364 in 2023}, a positive nel movement in lunds 1£25,4391
establishment of unreslricled reserves 1£44,000}, a healthy cash position [£184,223). and a strong pipeline of secured
lunding for planned activities In 2025. In addlllon, Ihe successful dlversificallon ol inwme streams through the development
of the Propel progfamme and expansion of geographical reach has slrenglhen8d the organisalion's financial resilienc8 and
8u$tsinabilily.
REFERENCE AND ADMINISTRATIVE DETAILS
Reglstered Charlty numb•r
1150662
Prlnclpal addr955
7 Lansdowne Road
TUN8RIDGE WELLS
Kent
TN12NG
Tru$tO8S
S P Mason Chair
J Sumner
K Downing
M Ebdell
S Mason
Indepèndont ExamlngT
Holly Jackson ACCA
Wells Associates
Ground Floor Oakhurst House
77 Mount Ephraim
Tunbridge Wells
Kent
TN4 8BS
Page 5

THE MASON FOUNDATION
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
Bankers
N8lWesl Bank
3rd Floor Wellinglon Gale
719 Church Road
Tunbridge Wells
Kent
TNI 1HT
Coutts Bank
440 Sland
London
WC2R OQS
Appioved by order of the board of Iruslees on 4th Aprll 2025 and slgned on ils behall by..
S F? Mason . Trustee
Page 6

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
THE MASON FOUNDATION
Indèpendént examlnèr's report to the trustees of The Mason Foundatlon
I report lo the charity trustees on my examination of the accounts of The Mason Foundation (the Trust) for the year ended
31 Decembei 2024.
Responsibilitles and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in aceordan¢e with the
requirements of the Charities Act 20111'lhe Acl'l.
I report in fe$pecl of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my
examinalion I have followed all applicable Directions given by the Charity Commission under Section 14515llb) ol the Act.
Indepèndent examlnèrfs statement
Since your charity's gross income exceeded £250,000 your examiner musl be a member of a listed body. I can confirm that I
am qualified lo undertake the examlnation because l am a member of tho Association of Chartered Certified Ac¢ountanls.
which is one ol the listed bodies.
I havo completed my examination. l ¢onfimi that no malorial matters have come lo my attention in connection with the
èxamination giving me ¢ause lo believe Ihal In any material fespecl..
accounting records were not kept in resp8Ct of the Trust as required by Section 130 of the A¢l,' or
the accounts do not accord with those records., or
the accounts do not comply with the applicable ￿qUITa￿entS concerning the form and conlenl of accounts set out in
the Charities (Accounts an¢Y Report$l Regulations 2008 other Ihan any requirement that the accounts give a true and
fair view which is not a maller considered as part of an independent examination.
I have no ¢oncerns and have come across no other mallers in conne¢lion with the examination lo which attention should be
drawn in thi$ report in older lo enable a proper understanding of th8 a¢¢ounls to be rea¢hed.
Holly Jack50n ACCA
Wells Associales
Ground Flooi Oakhursl House
77 Mount Ephraim
Tunbridge Wells
Kent
TN4 88S
Dale..
..s.o.[.Gfj.l￿.......
Page 7

THE MASON FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
Total
funds
2023
Total
funds
Unreslricled
fund
Reslficled
fund
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
327,626
327,626
300,364
EXPENDITURE ON
Charitable activitiOS
The Community Miles
Overheads
58.480
243,707
58,480
243,707
73,740
218,964
Total
302,187
302.187
292,704
NET INCOME
Transfers betwg•n funds
25,439
144,000)
25,439
7,660
44,000
Not movfrmont in funds
44,000
118,561)
25,439
7.660
RECONCILIATION OF FUNDS
Total funds brought forward
72.437
72.437
64,777
TOTAL FUNDS CARRIED FORWARD
44.000
53,876
97,876
72,437
The notes fomi part of these financial statements
Page 8

THE MASON FOUNDATION
STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2024
2024
Total
funds
2023
Total
funds
Unrestricted
fund
Restricted
fund
Notes
FIXED ASSETS
Tangible assels
474
474
1.010
CURRENT ASSETS
Debtors
Cash al bank
54,226
140,223
54,226
184.223
10,698
120,038
44,000
44.000
194.449
238,449
130,736
CREDITORS
Amounls falling due within one year
1141.0471
1141,0471
(59.3091
NET CURRENT ASSETS
44,000
53,402
97.402
71,427
TOTAL ASSETS LESS CURRENT LIABILITIES
44,000
53,876
97,876
72,437
NET ASSETS
44,000
53,876
97,876
72,437
FUNDS
Unrestricted funds
Reslri¢led funds
44,000
53.876
72,437
TOTAL FUNDS
97,876
72,437
The financial slalemenls were approved by the Board of Trustees and aulhorised for issue on 4th April 2025
and were si9n6d on ils b6haW by..
S P Mason - Truste&
The notes form part of these financial s181ements
Page 9

THE MASON FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
ACCOUNTING POLICIES
Basls of preparing the financial ststèments
The financial slalemenls of the charity, which is a public benefit enlily under FRS 102, have been prepared in
accordance with the Charities SORP IFRS 1021 'Accounling and Reporting by Charities.. Statement of
Recommendèd Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting
Standard applicable In the UK and Republie of Ireland IFRS 102) (effectivè 1 January 2019}', Financial Reporting
Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland. and the Charities Act
2011. The financial statements have been prepared under the historical cost ronvention.
Prèparation of the aeeounts on a golng concern basis
The Trustees consider that there are no malerial uncertainties about the Charity's ability lo continu• as a going
concern.
Incomo
All income is recognised in the Stalernenl of Financial Activities once the charity has enlitlemenl lo Ihe funds, il is
probabl6 that the income will be r•coived and the amount can b8 measured reliably.
During the year ended 31 December 2024, the Mason Foundation recelved grants in advance for the avenls planned
lo lake place in 2025 and onwards. therefore these funds were deferred in the accounts.
The lolal amount deferrod for the year ended 31 December 2024 amount$ lo £132,251.
Expendlture
Liabllilies are recognised as expenditure as soon as there is a legal or conslruclive obligation committing the charily
lo th81 expenditure, il is probable that a Iransler of economic benefits will be required in selllemenl and the amount
ol the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been
classified under headings Ihal aggregate all cost related lo the category. Where costs cannot be directly attributed lo
particular hèadings they have been allocated lo activities on a basis consislenl with the use of resources.
Tanglblg flxed a886t$
Depreciation is prowded al the following annual rates ir¢ order lo write off 6ach asset ovei its eslimaled us&lul Ilfe.
Computer equipment
33,33'A on cosl
Taxatlon
The charity is exempl from lax on its charitable a¢livilies.
Fund *¢¢ountlng
Unrèslricled funds can be used in ae¢ordance with the charitable objecliv¢s al the discretion of the trusleés.
Reslri¢led funds can only be used for particular reslriclod purposes within the objects of the charity. Re$lrictions
arlse when specified by the donor or when funds are raisèd for particular reslricled purposes.
Further explanation of the nature and purpose of each fund is Included in the notes lo the financlal statements.
P•nsion cos18 and othgr post-r•tlrern•nt benefits
The charity operates a defined contribution pension scheme. Contributions payabb lo the charity's pension scheme
are charged lo the Statement of Financial Activilios in the period lo which they relate.
Cash at bank and In hand
Cash al bank and in hand includes cash and short term highly liquid investments wilh a short maturity of three
months or less from the dale of acquisition or opening of th8 deposit or similar account.
Credltors and provlslons
Creditors and provision5 are recognised when the charity has a present obligation resulting from a past event that
11 probably result in the transfer ol funds to a third party and Ihe amount due lo settle the obligation can be
measuTed or eslimaled reliably. Creditors 8nd provisions are normally recognised al their settlement amount after
allowing for any trade discounts due.
Page 10
continued...

THE MASON FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS - Contlnued
FOR THE YEAR ENDED 31 DECEMBER 2024
TRUSTEES. REMUNERATION AND BENEFITS
There were no IrLtslees' remuneration or other benefits for the year ended 31 DecerTbber 2024 nor for the year ended
31 December 2023.
Truste•s' gxpenso$
There were no Iruslees, expenses paid for the year ended 31 Dgcember 2024 nor for the y8ar ¢nded
31 December 2023.
STAFF COSTS
2024
2023
Wages and salaries
Social security costs
Other pension costs
207,710
12,841
4,386
183,086
11,219
3,809
224,937
198,114
The averago monthly number of employees during the year was as follows..
2024
Support Staff
2023
No employees received emoluments in ex¢ess of £60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrgslricled
fund
Reslricled
fund
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
300,364
300.364
EXPENDITURE ON
Charltable •¢tivltles
The Community Miles
Overheads
73,740
218,964
73.740
218,964
Totsl
292,704
292,704
NET INCOME
7.660
7.660
RECONCILIATION OF FUNDS
Total funds brought forward
64.777
64,777
TOTAL FUNDS CARRIED FORWARD
72,437
72.437
Page 11
continued...

THE MASON FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024
GOVERNANCE COSTS
Governance costs include payments of £2,88012023.' £2,742} for independent examination fees and payments of
£1.15112023.. £1.528} for other services including the provision of accounting software.
TANGIBLE FIXED ASSETS
Computer
equipment
COST
Al 1 January 2024
Additions
5,091
711
Al 31 December 2024
5,802
DEPRECIATION
At 1 January 2024
Charge for year
4,081
1,247
Al 31 December 2024
5,328
NET BOOK VALUE
Al 31 December 2024
474
At 31 December 2023
1,010
DEBTORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade deblors
Accfued income
Prepayments
22,845
29.656
1.725
8,881
1.817
54,226
10,698
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
So¢ial security and other taxes
Other creditors
Accruals and deferred Income
4.542
1.294
135,211
5,094
301
53.914
141,047
59,309
During the year ended 310eeember 2024, the Mason Foundation received grants in advance for the events planned
to tske place in 2025 and onwards, therefore these funds were deferred in the accounts.
The lolal amount deferrèd for the year ended 31 December 2024 amounts 10 £132,251.
Other creditors r8lale lo amounts owed in respect cf the defined contribution pension scheme.
Page 12
continued...

THE MASON FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 310ECEMBER 2024
MOVEMENT IN FUNDS
Nel
movement
in funds
Transfers
between
funds
Al
31.12.24
Al 1.1.24
Unr•stricted funds
General fund
44,000
44.000
Restricted funds
Re51ricled funds
72.437
25.439
{44.000)
53,876
TOTAL FUNDS
72,437
25,439
97,876
Nel movement in funds, included in the above are as follows..
Incoming
resources
R8sources
expended
Movement
in funds
Re$trl¢ted funds
R¢$lricled funds
327,826
1302.187)
25.439
TOTAL FUNDS
327,626
{302,1871
25,439
Comparatlv•s for mov•m•nt In funds
Nel
movement
in funds
Al
31.12.23
Al 1.1.23
R•$tricted funds
Reslricled funds
64.777
7.660
72.437
TOTAL FUNDS
64,777
7,660
72.437
Compaiative net movement in funds, included in the above are as follow5..
Incoming
resources
Resources
expended
Movement
in funds
Restrlcled fvnds
Reslricled funds
300,364
(292,7041
7,660
TOTAL FUNDS
300,364
1292.7041
7,660
Page 13
continued...

THE MASON FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024
MOVEMENT IN FUNDS - ¢ontlnued
A current year 12 months and prior year 12 months combined position is as follows..
Net
movement
in funds
Transfers
between
funds
Al
31.12.24
Al 1.1.23
Unr•strict•d funds
General fund
44,000
44,000
Re$trlcl8d fund6
Restricted fund$
64.777
33,099
{44,0001
53,876
TOTAL FUNDS
64,777
33.099
97,876
A current year 12 months and prior y&ar 12 months combSn8d nel movemont in funds, Included in Ihe above are as
follows..
Incoming
resour¢es
Resources
expended
Movement
in funds
Restrlcted funds
Reslrieled funds
627,990
1594,8911
33,099
TOTAL FUNDS
627,990
(594.8911
33,099
Transler8 bètwgen funds
During the y&8r. Ihe trusle¢s made the decision lo transfer £44.000 from reslrleled funds lo uni¢slricled re$ervg5.
This transfer was slialegieally implemented lo establish appiopr181e free reserves in line wllh the charily's resorves
policy, which aims lo maintain 3-6 months of operating costs as unreslricled funds. This action slrenglhens the
organisalion's financial suslainabilily, provides a buffer against unforeseen circumstances, and supports Ihe
continued growth of The Mason Foundation's activities as outlined in our 'Empowering Futures, strategy. The
Iransferred funds were not required lor restricted purposes as those programme objectives had b6&n mel, allowing
for this reallocation lo support the chaTily's overall financial resilience.
RELATED PARTY DISCLOSURES
10.
Miss Sophie Mason a ITuslee of the Mason Foundation is the daughter of Mr. Stephen Ma$on, the Chairp&rson of the
Mason Foundalion. Sophie Mason was pald throughout the year lor her Services as 'Virtual Assistanl, and
'Marketing & Communications Support,. a working arrangement that was signed off and approved by the board of
Iruslees, amounting lo £20,48612023.' £18,315).
The charity invoiced Mason Consulting Limited, a company owned and controlled by Mr Stephen Mason, £15.910
12023.. £11.9051 in relation lo workshops and Irainillg provided. No amounts were due Irom Mason Consulting
Llmi19d al the year ond.
Page 14

THE MASON FOUNDATION
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
2023
INCOME AND ENDOWMENTS
Donations and lègacies
Donations
Training income
300,856
26.770
288,459
11.905
327,626
Total In¢oming rgsourc•s
300.364
327,626
300.364
EXPENDITURE
Charltable a¢tivltle$
Advertising
Charitable avent co$ls
5,750
52,730
4,196
69.544
58,480
Support costs
Managemènt
Wages
Social security
Pensions
Insurance
Telephone
Postage and stationery
Sundries
Subscrtpllons
Computer costs
Enlortainmenl
Computer equipment
Staff travel
73,740
207,710
12,841
4,386
1,983
1,128
525
350
677
1,331
223
1,247
7,192
183,086
11.219
3,809
1,686
2.098
631
1,791
4.041
966
1.101
4,115
239.593
Fln•nc•
Bank charges
214.543
83
Govornance costs
Accounlan¢y and legal fees
Total r8sources expended
Nel Income
70
4.031
4.351
302,187
292.704
25.439
7,660
This page does not fomi part of the stalulory financial statements
Page 15