REGISTERED CHARITY NUMBER: 1160662 REPORT OF THE TRUSTEES AND UNAUDITeD FINANCIAL STATEMEIITS FOR THE YEAR ENOEO 31 OECEM8ER 202$ FOR The MASON FOUNDATION
THE MASON FOUNDATION CONTENTS OF THE FINANCIAL STATEMEi¥rs FOR YHE YEAR ENDED 31 DECEMBER 2025 P• R•port ol th• Tru•t•es Indep•nd•nt Examln•rf• R•port Ststsm•nt of Fln•n¢lil A¢iivilh• stst•m•nt ol Fln*ncl•l Positlon Not•• to th• Fln4ncl•l Stst•m•ntB 8 to 12 O•talhd Stat•m•nl of FSMncbal A¢ll¥lll 13
THE MASON FOUNDATION REPORT OF THE TrUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025 The tru$tee$ present their roport wth the frTranct ststements of the chanty for Ihe year ended 31 December 2025. The trustee5 have adopled the prowsions of Accounting and Repon9 by Charitses Slatemenl of Recommended Practic applicable lo Char5 preparing their accounls in accordance th¢ Finon(3•1 Reporbn9 Standwd app.ble in the UK and Rewbli¢ of IreL4nd IFRS 1021 leff8Cti¥e 1 January 20191. OBJECTIVES AND ACTIVITIES Obl•¢tiV•s and alms The Mason Foundation to ¢roat• 8U$t"nab18. 5c8lable Ihat emptydr vulneMbl& conwnunrti8s. Our mi8oion 18 lo build a future where everyor has opportunities lo knad •ctNe. hoalthk8r, aThd lUWil Ive$. The ¢hanty focu58s on driving syslemic change to addrnss ineqUahtS throu9h kxally dn%n $lport. wilh local peop at the heart of delivery. Slonbficnt ictivltl• 2025 was the second year ol our'Emptr•ring Fulur•s' 51rate9y12024-20261. Th• year I08d on innovation throLgh digrt81 platfom devtloprn•nt. shifting lo morg IntensNe dird <SèlNVry Wrth young pgopkn, and buik1ing complete èrnploymenl pathway5 through $tr8tegi¢ partntsrshws. L••d•rnhlp Tr•n8ltion In October 2025, Anna Sk•ats ltepped a$ CEO. Ros Whiteh•8d, h•$ been th The Mawn Foundaton sin¢• 2020 8$ Hèad ol Operations and Enggg¢m¢nt slepp•d into the Chf OFeratirvJ offir role. 8trat•gl¢ In¥••tsn•nts Wa invastad In k•y ar••$ during 2025. Di9lto1 Innovolion." Buitt Propel Pathways. our firsl dgitsl pfattoryn using Al teChr1CJy. fundod by 4 £15,1XXI gTanl from lh• Worshipful Company ol InformalTr Technol)gists. Thjs allo% young pfropl• 8cro$s tho UK to 8cx¢$s our Prowl woth1h0 r•g•rdkis of geogropthul bounil•r•• Of lunding cydo8. Direcl Delivery Model. Followin9 fee<lb•¢k from schools and community $upport oryaniiations. bogan delivering WQfk$hops dI¢Y to young ¢3p1, providing mor• intensrye. p•onaliSed 6UPPOrt a10rrfjs our tr•ditron•l m•ntor-training modgl. Cor• Pro9r•mmes Tho charity ¢Yeli¥ers thrne corg progrvnrrn•'. Propd Progr#mme'. frhnlor•hy •nd Vocal1 d•velopment oupporbng n•umths•r9•nt young pwpkry 18ged 14-2SI into •nWoym•ftt throu9h workplace rnentors. ¢dubn mentors. •fvJ direct wothshop delivery. Communty Milo PFograrnme' Locally4d physical 8dMty prcgramrrn• bullJir ¥thr, morn conThect•d comrnunitN?8 Ihiough trained Community ChamOn5. g•$poke Community Support. PrograrnrtW• thal me•1 our ¢h•i1thb awns but donl nealty fil irrto Cornmuntty Mil• or Propel, including Intergenerotional •cbvrt*$, largeled comrnunty proJe¢ts Publ1¢ b•n•frt Th• Gh•fty con51itut•5 a public t•nefit enlty. Page 1
THE IMSON FOUNDATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025 FINANCIAL Rw4iew Fin•n¢kl pwitton Income £328.06012024.. £327.6261 Expvnditure.. £367,99412024." £302.187 Net defitjt £39,93412024 £25,439 srUl Y¢arrygnd lund8 £57,942 12024.. £97,8761 C8$h at bank £200.894 12024. £184.2231 The deficit refie¢tJ $tr)tegi¢ inv•strnent in team ¢8PO(yty •nd intrasliucture. We grew from 8 staff rn•rnb8rs at the start of 2025 10 11 by year-end. addin9 three ailErtional roles. Slaffing costs Incrèased from E224,937 in 2024 1¢ £287.483 in 2025 to support de¥el¢)pment of Propel Pathways, deliver direcl wothshops, aThJ eslabli$h pr0¢ r•gion$. Und•rnt•ndlng th• D•fl¢lt and Improv•d C•h Ptn While accounts $how a £39.934 defic4t. cash Impro¥e<l Irom £184.223 to E2(fr).894. Thts e)¥l•in•d by timing differ¢nl.. - The 2024 a¢¢ounts indud•d £29,656 01 lundirty rec•i¥•d in 2025 but alr•aty rwnty•d a$ 2024 IrMe D&ferr8d Income increatyed ty approxTh8tety £B.000. as grnnts rec•ry•d In 2025 related to lIVery In 2026+ Trade debtors d•creased frcffj £22.845 to E2.095. meanlng appromolely £20,( ol cash reeei¥ed in 2025 r•l•t•d to 2024 Invoices Th8 £140.278 in d•f•ry•d incomv Prowd ¥Kur¢il fundiNJ for 2028. Prln¢ip•l fundlng #our¢•• Th• ¢harty reCeIS grants and fvndg frcffl trwll, fwftd•0Trs. $t•tthory t1, on(1 corpor•te partmfs. During the year, we It1¥0¢Y lotal incom• of £328.060 12024 t327.6261. inc11ing grnnt fvndiAg •nd training income of £17.$45 12024." £26,770). Fln•ncl•l M•Mg•m•nt •nd Contro Financi81 operations 8r¢ oVeeeN by lh• Chi•f Operabng Offi¢er and Ch811, who meet monlhty and rort to the Board of Tru6t8e8 quartedy. Day-to-day f1nancial adminrftrobon 1$ managed by our c•ntral tearn. support frorn W811s As$ocial•i. The charity use$ Xero cloud-based accounliry SO¥r Al xpendrture requires duol outhcn$•lion. An annual Ind8pend8nl exominalion 1$ ¢onducl8d In complwnc• wrth ¢hanty law. R•8•r4eg poll¢y Unreslricled Ivnd mr¥88 Bre rnaintoirnd to ¢ov•r gI)rnance costs ond rn$pond 10 9r•nt and donlltion opportunitreg. R••lrKl•d lund re6erw$ •r• h•ld to b• us•d Iwthin Ihe re$tftclwi$ of rnl•v•ni recei¥ed. The charty hold$ re$lri¢ted lunds of 1£9.025112024 £53.8761 Th• deficit in restricted funa$ refl•ct5 tirning differenc4$ between when restricted grant eyyrnlibJre occued and ¥then lh• rreSpOnding incOff 15 recognised. 8long$idt th• £140.278 In del•ned Incorne (grants reced in 2025 lor delivery irb 2026 arKI twondl. Tot•1 unmsthcted fund$ wwe £66.96712024. £44.LX)01. Tolol fund$ r• £57.94212024. £97,876). Golng ¢on¢•m The tru$tees have re¥Wed the charity'$ financk41 p05rtion aTrJ consthr there tc b• no material urKert8intl¢$ about The Mason Found8tion's ability lo ¢onb"nue as a goiThJ con¢¢m. Key lodors Indude. 8ecufed funding piylin• 01 £140.278 dgfeired for 2026+ delivery.. improved ¢a$h p05rbon of £200.894 12024 £184.2231." Improved unrestricted res•rws ol £66,967 12024.. £44.IXKlI. th• resiricted fund defic4t of IE9,0251 rew5 l¥niTrJ differences in grant expendrture and incorne recognilDn. co¥ered by Jefetred Incorne and developing unre$ln¢ted reserve5. Strong relalionshtp$ wth fundors demonstroted by mUttYear comrnrtmen¢s. and su¢¢e551ul geographK dNersthcatson. The 2025 deficil represents $trate9iC investrn•nt in infrastructure tho1 posit8 u$ for sustainable gr(h. Page 2
THE MASON FOUNDATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025 FUTURE PLANS 2026 Obi•ctiv88 Launch Prepl Pathways in earty 2026. makin9 workshops xc•s5 uKle wrth empknyer package5 followTra in summer - Deliver contracled progF•mrw$ In Scotnd (West Lothianl and laUrh our tryt¥r Ythshire programme . Mature ¢L¢r CK•ar Link5 partnership, creabn9 ¢ompkte suppNt from ski115 d8¥dopment through job matching to workplace swort - Buitd on our direct workshop delIry thlormed by Yrth Panals ¥thdst mainlaining nntor training program8 - Develop earned ineotrn thiough Propel PallThvays empbyer po¢kage5 8TrJ corporale trairmng $ecuring 9rant lundi for cornmunity delivery E¢onomlc Context 202$ wa$ e¢onomically chaleryiThJ. Our Jlralegi¢ In¥estrnents hl innovation. Feople, and parlrwships position tts weaihor uncertainty and emerge stronger. We rtrnain steady and poised for gro In 2026. 1h Secured fundiThg, Improv c8$h reserves, and Infr351ructure lor su6tainabk $¢aling. STRUCTURE, GOVERNANCE AND PAANAGEMENT Go¥•ming do¢um•nt The Ch8n18ble Trust 1$ nsIrtted by Tru51 Ced dated 16 Noambor 2012. •nd rts obJ'•ct5 10 8ppty as approprs)1o the Incom• and the who18 or any part or ports ol lh& charfb Trust at any liTh or from to lim• generally lor such purpo688 or objects which are lor lh• b•roJft of the public and ar• reco9n14 M •xduiN•ty Charrtable ac¢or(ling lo th¢ L•w tsl England and Wak8 08 thg Iru$te•s ifi thfrir •bsdule discretion rnay think rrt. R•¢rultm•ni •nd •ppolntffl•nt of n•w ¢N•t• Tru$lees dekgale day-t¢>day ¥8sponsibilty for a(Iministr¥on to th• Chf Operaling Officor. Tru$le•8 •re •ppoint•d by resolution of existing trustees. Felbwn9 aFvointrnent, trus r¢¢4r¥e ¢owi of the trust deed. guidance on polid•s nd prodr•S, and Ch•nty COMMS1On W•t11)ma Induding public nefft 9uh8aTrc4. Oro•nl••tion•l •tructur• Th¢ ch8rrty 1$ led by Chtef r•tsng OffKer Ro8 Whrt¢h••d. Appoini•d ffi 00b•r 2025 lolkyfftg Anna Sk••t•' d•p•nur• ao CEO. who r•ports to the Board ol Twste85. The charity gmplgy¢d 11 staff m•rnbers al 31 December 2025. The team owrat•S f•moi•ly wth no central offi, wrth wK)fi•l pros•nc• across the South. Midl8nd$, North of England. and Scotland. Thtr Gh•nty rnairstAins HR pohu•s. qualty u8ur•nc• fr•mworki. GDPR-C(Kry>lionl dat• prot•¢bon pr¢x•duMs. and h•4tth and Sofety poll¢$. R•lt•d parW•• The Irust•o$ con$id•r the Board ol TnJst•es as compnBing key m•n¥gemenl p•rsonnel. (ring the year. no Irusl••$ rtt01 romunoralion. Details of Irustse ¢ygen•es 8nd related paty tran5acti0Th6 are dia¢bs•d IA the noto$ to the accountB. Rl•k m•nao•m•nt The Iwst¢es hav a duly lo hlentify and revie ri8ks to whi¢h ¢harity 15 exposed and ensure appropriate Contr$ 4r• in place. The truste85 examine mojor $lraie91¢. bu$in0$5, aTrJ ¢JFerational risks regularty bel¥• that maintaining re8er¥•$ at curreni levels, mbIned with annual review of Contr5 over k•y financial systems, provh48$ suffiuent resourc•s in th event of adver$¢ ¢ondition$. The charity all $taff arwj peoplè W01j for the chanty to • appropriat• Dck)sUre and Barr¢ng Serv IDBSI checks. Thya poli 1$ regulafy r•vwed lor all thos• who ¥Mh chihjren or other vuln•fable groups. The truslees are satisfied that syslerns affj In place to manage b1entrfd nsks Tl tru$tes have complied with the duty under the Chants Acl lo have due regald tg pUbShed by the Charty Commis&on. indiJ4in9 public bènelil guidan. The trustees confirm they have cornpked wilh Ihe duty in Section 17 01 the Chant$ Acl 2011 lo ha¥e due regard to PU1¢ erfil guidance. The Mason Foundation's a¢tivrts provKk dear public befil through $upportirJ nourodivergent young Peop to actss employrnent opportunihes. building communrty $lln¢t throLvJh locally 18d physical activity programmes". delivering bespoke community. trainin9 tnentor5 and charnpions who create Jasbng ¢har9e. and wcthing wrth employ8rs to ¢reate indu$ive WOrkple$. Page 3
THE MASON FOUNDATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025 REFERENCE AND ADPAINBTRATIVE oAlL5 R•giSt•rgd Ch4rity numb•r 1150662 PYlnclpl •ddrM• 7 Lansdowne Road TUNBRIOGE WELLS Kenl TN1 2NG Trn8t•O• S P M880n Chair J Surnner K Downing Iwignd 20.6.251 M Ebdell S Mason J Eatonloppointed 28.10.251 Or A Nornan lappoinled 28.10 251 D Robetts lappointed 20.10.251 N Campb¢ll1oppoinled 24.10.251 4.3.261 Ind•p•nd•nt Examln•r Hdly Jackson ACCA Wells Associ¥le5 Ground Floor 08khurst Hotty• 77 Mount Ephrairn Tuntsr Welh Kent TN4 8BS B*nk•rn Naiwe5t Bank 3r¢1 Floor Wellin9lon G•t• 719 Church Road Tunbrid9e Wells Kent rN1 1HT Coytt• 8•nk 440 Siand London VVC2R Crfjs Approv•<l by order ol the board of trusle¢$ on 26th M•r¢h 2028 •TrJ $p3n•d on its behaw by.. S P Mason- Trus P•Je 4
INDEPENDENT EXAMINER'S REPORT TO ThE TRUSTEES OF TrIE MASON FOUNDATJON Ind•pendent •xamin•e• r•port to th• tru8tw8 of The M•¥on Found•tion I report le the charty Iwste•s on my examinotKJn of the accounts ol The K4ason FoLmda"on Ith8 Tru81) for the ye8r ended 31 Decmber 2025. R•sponslbllith• and ts11 of r•port A$ the Charity trustees of the Twst you are respons1 for PreparaTr ol the accounts in a¢cord•nce tho requirements of the Charitie5 Acl 2011 fthe Arfl. l rnport in r•sp•¢t d my ex8minalw ofthe Tru$fs ae¢ounts carrnd oul sedn 145 of the Act ond In out my eXaminaln I hav• It4kn all applicab 'r¥¢"0ns 9w•n by th? Charity Crffimissw Section 14515llbl ol th• A¢1, Ind•p•ndent •xamlne¢• •tsi•in•nt Sinco your chanty'$ 9ro$$ in¢rfft exceed•d £250.iKQ your •xamin•r mu51 be a membef of• liiled body. I can tho1 1 am qU81rf(1 to undertak8 the examination be¢aLrt• l am a Ir•bOr of the Asscuaiton of Chartered Certrfd A¢¢ount•nts, which Is one ol tho listed bodies. I have c¢mpl•t•d my exarnination l ¢onfimi thal no rn8t•nal matters hav• ¢¢¥M kn my 8ttenn in ¢onn¢¢ts'on wth tho •xaMinatn gi¥Ang rw cauu to belh*vo that in any matenal re$pe¢t" a¢cOung rècords re not kepl in r•sped of th• Trust as requir•d by S•cb"on 130 01 lh• Act,. the accounts do not O¢¢Ofd wrth Ih05e records.. or th• account5 do not eompfy with the applicable FeqLtirern¢nts conMing the lo and content of o¢¢ount$ s•t out in th6 Charities IA¢counls and Reports) Re9ulabon$ 2CQ8 Olh•r than any wuirem•nt th•t th• accounts gi a true •nd lair view which is not o matter ¢on$idered Bs part ol an Indwnd•nt •xamination. I hav• no con¢ern$ •nd h•Trrt ¢om• acrots no oth¢r mott•r• in ¢onrwcbon wilh •x8min¥tv)n to which •tt•ntioTh Should b? dr•wn in this r•port in order to en¥bkn • prop•r und•rntsndty of th• 0QunIS to b• r•adwd. Hdly JackioTh ACCA WI8 A8iociate8 Ground Fk)¢r 08khurnt Hou 77 Mount Ephraim Tunbrh4ge Wel5 Kent TN4 88S Oate.. 28.1.Qf.126.............. Page 5
ThE MASON FOUNDATION STATEMENT OF Fh4lANCIAL ACTIVITIES FOR THE YEAR ENDED 31 0ECEM8ER 2025 2025 Total fund$ 2024 Total funds Llnrestricted fund Restricted nd INCOME AND ENDOWIAENTS FROIA Donations and aCkl 11.099 316.961 328,CfjO 327,626 EXPENDIWRE ON Chaiithbh •ctivltl•• The Cornmunity Miles 8nd Prwl Prograrr Cknrheod$ 52,151 315.343 52.651 315.343 58.480 243,707 Tot•1 367.494 367.994 302,787 NET INCOMEIIEXPENDITURei Trnn•f•rn ttWo9n lund¥ 10.599 12.368 150,$331 112,3681 139,9341 25.439 10 N•t mov•m•nt In funds 22.967 I62,1) 139.9341 25.439 RECONCILIATION OF FUNDS Total fundi brought fard 53.878 97,876 72,437 TOTAL FUNDS CARRIED FORWARD e6.967 19.0251 57,942 97.876 The note5 lo part ol Ihe5e financial stslements Page 6
THE MASON FOUNDATION STATEMENT OF FINANCIAL POSITION 31 DECEMBER 2025 2025 Totsl funds 2024 Total funds Unresln'ctad lund Restrided fijnd FIXED ASSETS Tangibla a88et$ 4.830 4.830 474 CURRENT ASSETS Debters Co$h 8t bonk 3,gJ1 200.894 54.226 184,223 66.967 133,927 66.967 137.828 204,795 238,449 CREDITORS Amounts falliry %lhiT$ one y••r 11$1.6831 1151.6831 1141,0471 NET CURRENT ASSETSIILIABILinesi 86,967 113.8551 53,112 97,402 TOTAL ASSETS LESS CURRENT UABILMES 66.967 19.0251 57,942 97.876 NET ASSETS 66.967 19.02SI 57.942 97,876 FUNDS Unreslncl•d fund R•8lricted fun<l$ io 66.967 19.02$1 44.000 53.876 TOTAL FUNDS 57,942 97,876 The fin8nei•l 8lai•m•nli were approved by lh• Bo•rd d Trust• and wJlIned lor on 26th M•rch 202 nd wer• 5ign•d on rts tt¥11 by. S P Mason- Truit•• The notes f¢yrn part ofthese finanoal statements Page 7
THE MASON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DEceiiBER 2025 ACCOUNTING POLICIES B48is of pv•p•rtng th• finanell •t•l•rn•Trts The finon¢ial Statents ol the charty. which is a public nrrt entfy undei FRS 102, have been prepared in accordance with Ihe Charrts SORP IFRS 1021 'A¢¢ounbr%J and Reportsn9 by Charits' Statement ol R¢¢ommended Prac¢e applicable to chailbes preparing their accounts In accordance the Financial Reportin9 Standard applicable in the UK and Republic of Ireland IFRS 1021 l8ffeclNe 1 January 20191,, Financial Reporting Standard 102 The Financial Reporbng Stsndard applic4ble in the UK and Republic gf Irel•rrf and the Char$ Acl 2011. The financial statements hav• prepared under the historical cost convention. Pr•par•llon olth• •ccounts on • oolng conc•m b••l• The TnJst¢•s ¢on$thr that Ih¢re ar• no material unc¢rtw"nts about lh• Ch•ntys abilty to nbnue as a going conetrrn. InGom• All Income ts recogni$¢d In the Statemenl of Finanual Aclivilk88 onc¢ the thanty ha8 ¢nlrtbm•ftt io lh• lund8, It ¢$ Probable Ih¥t th• Income wll be rtved and the amounl can be IM8su reli8bly. Durin9 th• ye4r ended 31 Deeember 2025. the Mason Foundation re¢•ivod grants in frr th• •v•nts plann to take pla¢ In 2026 and ory¥rd$. th•r•fore these fund$ d•lerred in the 4¢counts. Tha tot •rnouftt dale8d for the y•ar 31 D•¢b•1 2025 0nts lo £140.278. Expond6tyr• Liabililies are rec¢gnisesY Ès expendilure as $¢)on as ther¢ 1$ • Constructi obl4ation committing the charity to Ih81 expenditure. It 1$ prObae Ihal a Iron$l•r of •conornic ben8frt$ 11 b• roquired in $¢ttlemtsnt and tho amount of the oblyjalion can be mea$ured r•li8bty. Expendrtur• rn accounted for on •• •ccru8kn basi$ and has been cla551fied under h•adin98 Ihal 899ral¢ all ¢0sl i•Lg18d to tho ¢aiegory. Where Costs c•nnoi bo directty attributed lo particul•r h•adings th•y h•v• b••n bIkalad to •¢tNrt•s on i bail5 co$1t•nt with the u8• ol r•6our¢••. Tanglbh Ilx•d ••¥•ts Depreciation 1$ prowded 8t the lolknwng annual rata• in ord•r to vffrtè off each •$••l ov•r e81irn•t•d usdLI Ibf•. Comput•r •9UlPrnnt 33.33% on ct Tix•flon The ch8rty Is •x•mpi from tax on bts ¢hwrt•bl• •Cb¥ith. Fund •ccountlng Unr•strict8d funds be utsd in 8ccryd•n¢• wilh thè charrtabkn obieciThs #t the diKr•tw)n of tho tIV5t•es. ReJlrKted lun41 onty be uwd for partthlar reslrided purpoM$ h1Th the obJ•¢ls ol th• charty. Ro$trf¢tion8 onse when speCtfd by th¢ d¢rr or when funds are rais•d lor particular re$tri¢tod purposes. Furth•r •xpl8natson ofthe nabjm purpoge of ••ch fvJ r& Ind In th• note8 to the fin•no stat•m•nts. Pon8lon ¢o•ts Ind oth•r po•l•tir•mont nefft The ¢hanty operates a defined ¢onirbution pension $Cn. ContrOution8 payable to the chanty'$ pen$ion schorne 8ie Charged to Ihe Statement of Financial A¢trfKs in the period to which they relale. C••h li hnk Ind In h•bKI Cash at bank and In han# IndeS cash and short It highly lU1 inTrrtStrnen15 Short m•bJrrty of three months or $$ from Ihe date of a¢gui$rtion or opening of the deposrt or sinilar acuunt. ¢r•ditor8 and provl•l•M Cre(litors and provisions r•¢ognwl vthen the charrty h•$ a present oblKJation SU1n9 from a past event thBt will probabty resutt in the transler of fund$ to a third party and Ihe arnount due to settle the obligation can be measured or estimated reliabty Credrtors and proTrnsw)ns are norn ¢¢n al their setuement ount after IkMing for any trade d¢scounts due. Page 8 ¢iJnnued...
ThE AIASON FOUNDATION NOTES TO THE FINANCIAL STATEMENTS. conUnu•d FOR THE YEAR ENDED 31 DECEMBER 2026 OTHER 2025 2024 Support $ts 315.343 243,707 TRUSTees' REMUNERATION AND BENEFTrs There wer¢ no tN$t0•5' remunerabon or olher t•n•fits lor the y•ar ¥nded 31 Dtrcember 2025 nor for the y••r •nd8d 31 Decrnber 2024. Try•t•••' •xp•n¥•s There ware no trust•es' eNWn p•N1 lor the year erthd 31 Lknb•r 2025 nor for th• y•ar ended 31 D•¢ornber 2024. STAFF COSTS 2025 2024 Wages and salaries Social 6e¢urity costi Olhor co•li 263.729 18.413 5,341 207,710 12,841 4.386 287,483 224.937 Th• arqge rTWthty Aumb•r of ernF4oy•¢8 duriThJ th• y••r w•5 as follth¥s'. 202S 10 2024 Support Staff No ¢moyS r•eewed eMUments in •xc•M of £60.1. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTMTies Unr¢strithd fvnd Restri¢ted lund Total fund$ INCOME AND ENDOWMENTS FROM Donabon$ and 98cleS 327.626 327,628 EXPENDITURE ON Charltbl• *ctiviti Community Mikn and Propel Progr•mm• 0rho#d$ 58.480 243.707 58,480 243,707 Tot•1 302.187 302,187 NET IPICOME Tr•n¥fern belwo•n fund• 25.439 I44.0> 25.439 N•t movernent In lunds 118,5611 25.439 RECONCILIATION OF FUNDS Total fvnds brought forward 72.437 72.437 TOTAL FVNDS ¢ARRIEO FORWARD 53.876 97.876 Page 9 continued...
THE soN FOUNDATION NOTES TO THE FINANCIAL STATEMEIUS- continu•d FOR THE YEAR ENDED 31 DECEMBER 2025 GOVERNANCE COSTS Governance ¢ost5 indude payments of £3.024 12024." £2.880I for intspendeftt •xarninatK•n fees and payments ol £1,75712024. £1.1511 lor otr s8MC8$ indudry the wo¥1$n ofaccountiry Softsva. TANGIBLE FIXED ASSErs Comput•r •quipment COST Al 1 January 2025 Additn8 5,802 6,890 At 31 December 2025 12.692 DEPRECIATION Al 1 January 2025 Charg• for year 5.328 2,534 Al 31 December 2025 7,862 NET BOOK VALUE At 31 D•un•r 2025 4.830 Al 31 D8Mber 2024 474 OE8TORS: AMOUPITS FALUNG tXJE WITHIN ONe YEAR 2025 2024 Trad¢ debtors Accrued income Prep8ym•nts 2.CeS 22.845 29.656 1.725 3,1 54,228 CREDITORS: APAOUNTS FALUNG DUE TIITHIN ONE YeAR 202S 2024 Tiade ¢rgdrtor8 Social securrty 8nd other t•x•s Other credilofs Acuu818 and deferf•d Incom• 973 6,011 1,461 143.238 4,542 1,294 135,211 151.683 141.047 Durin9 the year ended 31 De¢ember 2025. tho Mason Foundation le1¥¢d 9rants In advance for the events planned to tak• plau In 2026 and onward6. therefore Ihese ftjnds defeTrd in the a¢c4unts. The total amount d•ferred for the yw ended 31 De¢•mb8r 2025 arnourts to £140.278. Other vedrtors mlate lo amounts in resped olthe defined contributiw peA8VJft s¢h•m•. Poge 10 conh'nued...
ThE MASON FOUNDATION MOTes TO THE FINANCIAL sTATEMvS- TrI1U•d FOR THE YEAR ENDED 31 DECEMBER 2025 MOVEMENT JN FUNDS Net movement in funds Tran$fÈ be88n funds At 1.1.25 31.12.25 Unr•8trlct•d fvnd• General fund 10.599 12,368 66,987 R••tiict•d fund• R•strthd lunds 53.876 150.5331 112.3681 19.0251 TOTAL FUNDS 97,876 139.9341 57.942 Net mov•m•nt in fvnds. inchthd in t abty• arv as foTru4V•'. Incomi Re$our¢es •wend8d Movern•nt in funds Unr••trl¢t•d fund• General fun 11.099 15001 10,599 R•¥trlct•d fund• Re8tricted lund$ 316.961 1387.4941 150,5331 TOTAL FUNDS 328,C60 1367,9941 139,9341 Comp4r•tlv•s for mo¥•m•nt In lund• Tr¥n8f•rn bewn fund$ rnoverrnt In fun4$ At 31.12.24 At1.1.24 Unrn¥trlct•d lund• General lund 44.000 44.000 Re8trlcted fund• Restricted fund$ 72.437 25.439 144.CQ)I 53,876 TOTAL FiINDS 72.437 25,439 97,876 CcmparalN• net mo¥•Thnt in lundB. mduded in •bo¥• •r• as fr4k'. Resources Movement in lurY$ r•$our¢•s R••tri¢tgd lund• Restrthd funds 327.626 1302,1871 25,439 TOTAL FUNDS 327.626 1302.1871 25.439 Page11 continued...
THE IMSON FOUNDATION NOTES TO TrIE FINANCNL STATEMENTS. continu•d FOR THE YEAR ENDED 31 DECEMBER 202S 10. MoveMENT IN FUNDS- conllnu•d A curyent ye¥f 12 months and prior year 12 months ccfflbmd as folrhvs.. Nel Transfers bemeen funds At 31.12.25 At 1.1.24 in funds Vnr••trlct•d lund Gera1 fund 10,599 66.967 Rostrlct•d fvnd• RestrKled funds 72.437 125,0941 156.3681 19.0261 TOTAL FUNDS 72,437 114.4951 57.942 A ev8nt or 12 months and prioi 81 12 monlhs t4nbirwd n•t mo¥•m•nt in fu1•, included in th• bov8 are ¥$ Incomir r•Jourc8• Resour •wnd•d Movem•nt in fun(l$ Unr••trlet•d fund• General fund 11,099 Isooi 10.599 R••trfct•d fund• R•sirictéd fvnd$ 644.587 1669.6811 125,0941 TOTAL FUNDS 655.686 1670,1811 114,4951 11. RELATED PARTY DI$¢LOSURES Mis$ Sophie Maion i tnb6tee ofthe M•s•rn FOundatn 1$ lh• d•u9hl8r of Mr. St¢ph¢n M•8on. Ihè Chairperson of th• Ma50n Foundalion. Sophe Mason wo$ p•id throughout th¢ ye¥1 for htr services as Virtual Assi$ianl' and 'Mark•ting & Ccrnrnuni¢ation$ Supporf. a workirp ¥rr•tw•fftht ihat w88 swned off and appro¥ed by lh board of trustee$. amounn9 10 £7,58112024. 0.4861. ch•nty invoKed Mason Consuftirrfd Lirnrted, 8 ccfflp•ny thvnod aThJ co10 by Mr St•pli•n Mason, £14,650 12024. £15,910) In relabon to workshops ond traiftirg provkled. No •mounts re due from Ma$on Con5utting Limrted at the year end. Pa9e 12
THE MASON FOUNDATION DETAILED STATEMENT OF FINANCIAL ACTMTIES FOR THE YEAR ENDED 31 DECEMBER 2025 2025 2024 INCOME AND ENDOWMENTS DonAtlon• ind hg•ch• Donations Training income 310,515 17,545 300,856 ,770 328.&$0 327,626 Totsi Incomln9 rnsourc•• 326,060 327,626 expENDITURE Charitsbh •¢tlvHI Adwerti$ing charitab ent costs 701 51.950 5.750 52.730 52,651 58,480 Support co•1% Manag•m•nt Wège$ Social 6ecurrty Pensions Insurancg Tebphon• Posloge Jnd 8labonery Advort15ing Sundr$ Subscriptions Computer co8t$ Enlertainmenl Slalf Ir8ining Computer equipm•nt staff Iravel 263,729 18.413 S.341 2.184 207,710 12,841 4.386 1.983 1.128 525 872 114 31 1.581 350 677 1.331 223 301 138 2,534 9.835 1,247 7,192 310,463 239.593 Financ• Bank charge8 83 Gov•rn•nc• costs A¢countsncy and legal fees 4,781 4,031 Total r•50urces exp¢nd•d 367.994 302,187 l•xp•ndllur•Vlncorn• 139,9341 25,439 Tho page dc4s not fonn part of the statutory ffinanual 51atements P*Je 13