2025-09-30-accounts - Cornwallis East Kent Freemasons' Charity

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

REGISTERED CHARITY NUMBER: 1153575

REPORT OF THE TRUSTEES AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

CORNWALLIS EAST KENT FREEMASONS CHARITY

CORNWALLIS EAST KENT FREEMASONS CHARITY

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

	Page
Report of the Trustees	1 to 6
Report of the Independent Auditors	7 to 10
Statement of Financial Activities	11
Balance Sheet	12
Cash Flow Statement	13
Notes to the Cash Flow Statement	14
Notes to the Financial Statements	15 to 24
Detailed Statement of Financial Activities	25

CORNWALLIS EAST KENT FREEMASONS CHARITY

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2025

The trustees present their report with the financial statements of the charity for the year ended 30 September 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

Formally as set out in its Constitution. The Charity's objectives and aims are -

The alleviation or relief of poverty in East Kent by the provision of grants, items and assistance to individuals in need and/or charities, or other organisations working to alleviate or relieve poverty, in particular but not exclusively by making emergency grants to relieve poverty or distress arising from disasters occurring in East Kent or to relieve poverty or distress arising from disasters occurring inside or outside East Kent affecting those persons residing or working in East Kent.

In addition, the trustees may from time to time determine exclusively charitable purposes for the public benefit.

The Charity welcomes any approach for support directly from worthy causes (either organisations or individuals). To facilitate this, its website has access to appropriate application forms and guidance notes. In many cases it also welcomes any approach to be assisted, from a Lodge, Chapter or indeed an individual mason within the East Kent Province.

It also liaises with senior officers of the Province, including the Provincial Almoner and Provincial Charity Steward, both of whom are Ex Officio Trustees of the Charity. In this way, a 'joined up' approach to any issues can be achieved.

Public benefit

The Trustees confirm that they have complied with the duties in Section 17(5) of the Charities Act 2011 to have due regard to the Charity Commission’s general guidance on public benefit. We have referred to the Charity Commission general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. In particular, the Trustees consider how planned activities will contribute to the aims and objectives that they have set.

Page 1

CORNWALLIS EAST KENT FREEMASONS CHARITY

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2025

ACHIEVEMENTS AND PERFORMANCE Charitable activities

The 'Cornwallis East Kent Freemasons' Charity' completed its eleventh year of operation on 30th September 2025. The Trustees and Officers are conscious that the charity can only continue to thrive with the generous support which it receives from the Brethren and Companions of the Lodges and Chapters within the Province of East Kent.

The Provincial Grand Master's Awards Presentations took place at the Mercure 'Great Danes' hotel at Hollingbourne, Kent on 8th November 2025, acknowledging the efforts of Charities and organisations in Kent, together with the worthy support of masonic lodges and chapters in the Province of East Kent. The awards are scheduled to take place again at the Darwin Suite, Canterbury University on 7th November 2026.

During 2024/25, the Charity made donations to 51 local charities and deserving causes, totalling c.£75k. Of these 34 were under the match funding arrangements. The Charity is delighted with the continued success of this arrangement for joint working with Lodges and Chapters in the Province but there is scope for even wider use of this scheme. The trustees increased the maximum amount of match funding per Lodge or Chapter applying from £250 to £500 this year.

Examples of the diverse charities, organisations and individuals supported this year include:

Donations with A Difference	Lifelites
Stode Park Foundation	Age Concern Sandwich
Hospice in the Weald	The Sequal Trust
Rochester Cathedral Children's Choir	Seasalter and Gorrell Guides
Graham Fulford Charitable Trust	Friends of Five Acre Wood School
Macmillan Cancer Support	Dover Smart Project
Swale CVS	Hawkinge Mens Shed
Pilgrims Hospices in East Kent	Canterbury Hellfire Rugby Club
Parkinsons Therapy	Friends of Temple Ewell School
NCI Ramsgate	Stak Life
Whitstable Sea Cadets	Friends of Frampton Farm
KAB	Rainbow Centres
Prostate Cancer UK	Family Matters
SNAAP	4 Louis
E Kent Pulmonary Fibrosis Support	KSS Air Ambulance
Church Street Project	Ellenor
SERV Kent	Friends of Pluckley Recreation
Rubie Tucker Appeal	MND Association
Herne Bay Sea Cadets	Crossroads Care
Switch Youth Services	Cobbes Meadow Riding School

The list indicates the wide range of deserving causes supported which includes children, people with disabilities and community facilities and needs.

The Charity sponsored a PSA 'testing day' once more for Prostate Cancer in May 2025 at the Albany Road Masonic Centre, where some 180 plus tests were carried out on the day.

The Charity aims to continue to support charities and other causes during the next accounting year ending September 2026 in order to support the objectives included in the Constitution of the Charity.

All applications for support are thoroughly checked to ensure they meet the Charity's criteria, and that the applicant's financial position supports the need for a grant. This may entail further information being sought or a meeting arranged with the applicant which may involve the Lodge and Chapter Charity stewards or Almoners. The final decision on giving any support rests with the Charity's Trustees.

Page 2

CORNWALLIS EAST KENT FREEMASONS CHARITY

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2025

If the Trustees agree to make a grant, arrangements are usually made for the award to be presented by local Freemasons in the area where the charity is based. A report of the presentation will then usually appear on the Cornwallis East Kent Freemasons' Charity website and in conjunction with the Provincial Communications team a press release will be submitted to the local paper. By doing so it is hoped that the charity will continue to gain additional benefits from the publicity which it then receives. There are some 3,000 charities in Kent registered with the Charity Commission (VCS Report 12/2023), and many more that are not registered but which carry out vital work on behalf of needy people. Many of the charities which the Cornwallis East Kent Freemasons' Charity supports are small and are financially challenged. A story in the local press gives the charity exposure which may enable it to gain support from other sources. It also demonstrates in an incredibly positive way the support which Freemasons give to their local community.

The Trustees are happy to give presentations to individual Lodges and Chapters. Please contact the Cornwallis East Kent Freemasons' Charily office, but would ask that adequate time is given in such requests for arrangements to be made.

FINANCIAL REVIEW

Financial Performance of the year

The grants provided by the Charity are highlighted above. In respect of its income, it received income of £69k from Lodges, Chapters, individual Brethren and various fund-raising activities including interest on investments.

The funds held are, in the main, for distribution in accordance with the charity's objects and are subject to investment management. On 30 September 2025 total funds held by the charity were £1,779,875 - (2024: £674,400). Most funds held are for distribution in accordance with the charity's objects, although a portion are restricted to a particular aspect, i.e. the Disaster Fund and the MCF relief chest.

The Brooshooft Family Trust is a Permanent Endowment Fund and as such only the income from that Fund is available for distribution. The Charity received a legacy of £1.124M during the accounting year which has been added to the permanent endowment by the trustees.

Reserves policy

The Charity shares office space and resources with the Provincial Grand Lodge of East Kent and places reliance upon volunteers. As such the charity has extremely low support and operating costs. The charity therefore has no requirement to hold significant levels of free reserves. As will be seen in the section on Risk Management, the Trustees are aware of the pressure which will be placed on their fund raising and are keeping actual performance under continual review. Free reserves at 30 September 2025 were £263,579 (2024: £427,095).

Investment Policy

The Charity has adopted an investment strategy based on managed capital risk with a diverse portfolio of investments. This is intended to produce a balanced combination of income and capital growth and is effected through the use of a unit trust provider. It is also designed to ensure a degree of liquidity to enable rapid drawdown of cash when required and, where possible, to utilise 'ethical' investments consistent with Masonic principles. The services of a professional advice firm are used to assist the Charity in its investment decisions.

Page 3

CORNWALLIS EAST KENT FREEMASONS CHARITY

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2025

RISK MANAGEMENT

The Trustees have a duty to identify and review the risks to which the Charitable Incorporated Organisation is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. The Trustees receive a report from the Charity's Treasurer at each of their meetings which presents information on financial activity for the period to the end of the previous quarter year (Mar, Jun, Sep and Dec) and highlights any issues which have occurred. To date, no reports of inappropriate activity have been necessary to deal with.

The Province of East Kent is in a 'Festival' period, the purpose of which is to raise funds for the Masonic Charitable Foundation. The Trustees remain aware that this may have an adverse effect on the level of funds the charity may receive from Lodges and Chapters. They keep the likely impact of this under review and will implement any actions in response which prove necessary. The Festival ends on 29 November 2025, providing an opportunity thereafter for the Charity to further promote its activities and more actively fund raise from the Provinces Lodges and Chapters.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is a Charitable Incorporated Organisation, controlled by its Constitution document dated 15 April 2013.

Recruitment and appointment of new trustees

Independent charity trustees

Apart from the first charity trustees, every independent trustee must be appointed for a term of four years by a resolution passed at a properly convened meeting of the charity independent trustees or, if there are no independent trustees, ex-officio trustees. Each charity trustee can seek re-election for a second 4-year term but must then stand down.

In selecting individuals for appointment as appointed charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the charity.

No member of the Provincial Executive can be an independent trustee.

Ex-officio trustees

The Provincial Charity Steward, Provincial Almoner and the Assistant Provincial Grand Master or other most senior official with overall responsibility for charities of the Provincial Grand Lodge of East Kent for the time being shall automatically be a charity trustee, for as long as he or she holds that office.

The Constitution document includes provisions should the officeholder be unwilling to act as a charity trustee.

Organisational structure

The charity trustees meet regularly to discuss and review financial and operational matters. Any matters requiring attentions outside of the regular meetings are attended to via online meetings or group e mail circular and reported and recorded at the next regular meeting.

Induction and training of new trustees

The charity trustees will make available to each new charity trustee, on or before his or her first appointment, a copy of the current version of the Constitution document and a copy of the Charitable Incorporated Organisation's latest Trustees' Annual Report and statement of accounts.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Charity number

1153575

Page 4

CORNWALLIS EAST KENT FREEMASONS CHARITY

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2025

Principal address

11 Boorman Way Estuary View Business Park WHITSTABLE CT5 3SE

Trustees

P J Rodd Chairman P R Rhodes Ex Officio G Smith (resigned 2.5.25) N Fitz Ex Officio P M Brooshooft D W Alexander C A Barden Ex Officio M E Costelloe (appointed 2.5.25) R E Brooks (appointed 17.4.26)

The members of the charity are also the trustees. Any member and charity trustee who ceases to be a charity trustee automatically ceases to be a member.

Auditors

McCabe Ford Williams Statutory Auditors and Chartered Accountants Building 1063 Cornforth Drive Kent Science Park Sittingbourne Kent ME9 8PX

Solicitors

Boys & Maughan Solicitors and Notary Public 11-13 Hawley Street Margate Kent CT9 1PU

Treasurer

S Rouse

Secretary

P West

COMMENCEMENT OF ACTIVITIES

The charity commenced activities on 12 February 2014.

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Page 5

CORNWALLIS EAST KENT FREEMASONS CHARITY

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2025

STATEMENT OF TRUSTEES' RESPONSIBILITIES - continued

Charity law requires the trustees to prepare financial statements for each financial year. Under that law, the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).

Under charity law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to

select suitable accounting policies and then apply them consistently;
observe the methods and principles 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 departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011 and The Charity (Accounts and Reports) Regulations 2008. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by order of the board of trustees on 1 July 2026 and signed on its behalf by:

P J Rodd - Trustee

Page 6

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF CORNWALLIS EAST KENT FREEMASONS CHARITY

Opinion

We have audited the financial statements of Cornwallis East Kent Freemasons Charity (the 'charity') for the year ended 30 September 2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:
give a true and fair view of the state of the charity's affairs as at 30 September 2025 and of its incoming resources and application of resources, 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 International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to 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 to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern 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 to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:

the information given in the Report of the Trustees is inconsistent in any material respect with the financial statements; or
sufficient accounting records have not been kept; or
the financial statements are not in agreement with the accounting records and returns; or
we have not received all the information and explanations we require for our audit.

Page 7

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF CORNWALLIS EAST KENT FREEMASONS CHARITY

Responsibilities of trustees

As explained more fully in the Statement of Trustees' Responsibilities, the trustees are responsible for the preparation of the financial statements which give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to 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 realistic alternative but to do so.

Page 8

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF CORNWALLIS EAST KENT FREEMASONS CHARITY

Our responsibilities for the audit of the financial statements

We have been appointed as auditors under Section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect 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 taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:

the engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations;
we identified the laws and regulations applicable to the company through discussions with directors and our experience of the sector;
we focused on specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the company, including, but not limited to, the Charities Act 2011 and UK tax legislation;
we assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and inspecting legal correspondence; and
identified laws and regulations were communicated within the audit team regularly and the team remained alert to instances of non-compliance throughout the audit.

We assessed the susceptibility of the company's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:

making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud;
considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations.

To address the risk of fraud through management bias and override of controls, we:

performed analytical procedures to identify any unusual or unexpected relationships;
tested journal entries to identify unusual transactions;
assessed whether judgements and assumptions made in determining the accounting estimates were indicative of potential bias; and
investigated the rationale behind significant or unusual transactions.

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

agreeing financial statement disclosures to underlying supporting documentation;
reading the minutes of meetings of those charged with governance;
enquiring of management as to actual and potential litigation and claims; and
reviewing correspondence with HMRC and the relevant regulator where applicable.

Page 9

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF CORNWALLIS EAST KENT FREEMASONS CHARITY

There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any. Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

Use of our report

This report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for our audit work, for this report, or for the opinions we have formed.

for and on behalf of McCabe Ford Williams Statutory Auditors and Chartered Accountants Building 1063 Cornforth Drive Kent Science Park Sittingbourne Kent ME9 8PX

1 July 2026

Page 10

CORNWALLIS EAST KENT FREEMASONS CHARITY

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2025

Notes INCOME AND ENDOWMENTS FROM Donations and legacies 2 Other trading activities 3 Investment income 4 Total EXPENDITURE ON Raising funds 5 Charitable activities 6 Donations given Grants made Other Total Net gains on investments NET INCOME/(EXPENDITURE) Transfers between funds 16 Net movement in funds RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD	Unrestricted fund £ 32,810 1,857 23,272 57,939 18,602 - 50,911 2,863 72,376 11,890 (2,547) (160,969) (163,516) 427,095 263,579	Restricted funds £ 3,464 - 7,796 11,260 - - 24,056 - 24,056 - (12,796) 160,969 148,173 100,000 248,173	Endowment funds £ 1,124,418 - - 1,124,418 - - - - - - 1,124,418 - 1,124,418 147,305 1,271,723	30.9.25 Total funds £ 1,160,692 1,857 31,068 1,193,617 18,602 - 74,967 2,863 96,432 11,890 1,109,075 - 1,109,075 674,400 1,783,475	30.9.24 Total funds £ 43,015 2,009 21,918
					66,942
					4,339 68,546 60,447 2,627
					135,959
					56,928
					(12,089) -
					(12,089) 686,489
					674,400

The notes form part of these financial statements

Page 11

CORNWALLIS EAST KENT FREEMASONS CHARITY

BALANCE SHEET 30 SEPTEMBER 2025

Notes CURRENT ASSETS Investments 13 Cash at bank and in hand CREDITORS Amounts falling due within one year 14 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 16 Unrestricted funds Restricted funds Endowment funds TOTAL FUNDS	30.9.25 £ 481,602 1,315,236 1,796,838 (13,363) 1,783,475 1,783,475 1,783,475 263,579 248,173 1,271,723 1,783,475	30.9.24 £ 469,712 207,210
		676,922 (2,522)
		674,400
		674,400
		674,400
		427,095 100,000 147,305
		674,400

The financial statements were approved by the Board of Trustees and authorised for issue on 1 July 2026 and were signed on its behalf by:

P J Rodd - Trustee

The notes form part of these financial statements

Page 12

CORNWALLIS EAST KENT FREEMASONS CHARITY

CASH FLOW STATEMENT FOR THE YEAR ENDED 30 SEPTEMBER 2025

Notes Cash flows from operating activities Cash generated from operations 1 Net cash used in operating activities Cash flows from investing activities Interest received Net cash provided by investing activities Cash flows from financing activities Income attributable to endowment Net cash provided by financing activities Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period Cash and cash equivalents at the end of the reporting period	30.9.25 £ (47,460) (47,460) 31,068 31,068 1,124,418 1,124,418 1,108,026 207,210 1,315,236	30.9.24 £ (89,999) (89,999) 21,918 21,918 - - (68,081) 275,291 207,210

The notes form part of these financial statements

Page 13

CORNWALLIS EAST KENT FREEMASONS CHARITY

NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 30 SEPTEMBER 2025

1. RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES

ACTIVITIES
30.9.25 £ Net income/(expenditure) for the reporting period (as per the Statement of Financial Activities) 1,109,075 Adjustments for: Gain on investments (11,890) Interest received (31,068) Income attributable to endowment (1,124,418) Increase in creditors 10,841 Net cash used in operations (47,460)	30.9.24 £ (12,089) (56,928) (21,918) - 936
	(89,999)

2. ANALYSIS OF CHANGES IN NET FUNDS

Net cash Cash at bank and in hand Liquid resources Deposits included in cash Current asset investments Total	At 1.10.24 £ 207,210 207,210 - 469,712 469,712 676,922	Cash flow £ 1,108,026 1,108,026 - 11,890 11,890 1,119,916	At 30.9.25 £ 1,315,236
			1,315,236
			- 481,602
			481,602
			1,796,838

The notes form part of these financial statements

Page 14

CORNWALLIS EAST KENT FREEMASONS CHARITY

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 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 convention.

The presentation currency of the financial statements is the Pound Sterling (£).

Statutory information

The unincorporated charity, which is registered in England and Wales has the registered office address 11 Boorman Way, Estuary View Business Park, Whitstable , CT5 3SE. The members of the charity are the Trustees named on page 1.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Governance costs

Governance costs represent Auditor's remuneration.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

The Charity received a major donation in 2018/19 from the Brooshooft Family. They also received further significant donations in 2019/20 to which were added Gift Aid receipts. Originally this was included as a Designated Fund. However, in further discussions with the donors, it is more appropriately classified as a Restricted Fund. The donations with Gift Aid enhancement are to be retained and are therefore an Endowment Fund (Permanent). The income from this Endowment Fund (Permanent) can be deployed for the Charity's purposes throughout its area of operation and will be recorded in an Endowment Fund (Expendable).

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Page 15

continued...

CORNWALLIS EAST KENT FREEMASONS CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2025

1. ACCOUNTING POLICIES - continued

Fund accounting

During the year the charity received the residue of the estate of the late A I Brooshooft. The will gives the residue to the charity for the benefit of the Brooshooft Family Trust and does not require the capital to be retained. The trustees have, however, resolved to hold the capital as a permanent Endowment Fund, on the basis that retention of the capital reflected the deceased's intention, with only the income applied for the charity's purposes.

Funds held within the Relief Chest operated by the Masonic Charitable Foundation are treated as being restricted funds. Payment into the Relief Chest restricts the funds to charitable application via the Scheme, and they cannot be applied to the Charity's general purposes. On this basis, the funds are shown as restricted.

Financial instruments

The charity enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

a) Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad and doubtful debts.

b) Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and in hand.

c) Trade and other creditors

Debt instruments like loans and other accounts payable are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method. Debt instruments that are payable within one year, typically trade payables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate or in case of an outright short-term loan not at market rate, the financial asset is measured, initially and subsequently, at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Financial assets and liabilities are offset and the net amount reported in the statement of financial position when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Current investments

Current Investments are included in the Balance Sheet at market value. Unrealised gains or losses during the year are included in the Statement of Financial Activities.

Masonic Charitable Foundation - Relief Chest

The charity holds funds in the Relief Chest Scheme, operated by the Masonic Charitable Foundation. It is determined that the Charity controls the funds in substance (it directs all inflows, outflows, timing and application), will benefit from the funds in the future (they will further its own charitable objects), and the balance is reliably measurable from the MCF monthly statement. MCF's role is administrative and exists for cost and tax efficiency, not because MCF has discretion over the funds.

Page 16

continued...

CORNWALLIS EAST KENT FREEMASONS CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2025

1. ACCOUNTING POLICIES - continued

Current investments

2. DONATIONS AND LEGACIES

2.	DONATIONS AND LEGACIES
		30.9.25	30.9.24
		£	£
	Donations	1,160,692	43,015
	Donations include legacy income of £1,124,418 (2024: £nil) from the estate of the late A I Brooshooft.
3.	OTHER TRADING ACTIVITIES
		30.9.25	30.9.24
		£	£
	Fundraising events	1,857	2,009
4.	INVESTMENT INCOME
		30.9.25	30.9.24
		£	£
	Deposit account interest	16,921	8,410
	Curr asset inv income	14,147	13,508
		31,068	21,918

5.	RAISING FUNDS
	Raising donations and legacies
		30.9.25	30.9.24
		£	£
	Support costs	18,602	4,339

Page 17

continued...

CORNWALLIS EAST KENT FREEMASONS CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2025

6. CHARITABLE ACTIVITIES COSTS

6.	CHARITABLE ACTIVITIES COSTS
			Grant
			funding of
			activities
			(see note
			7)
			£
	Grants made		74,967
7.	GRANTS PAYABLE
		30.9.25	30.9.24
		£	£
	Grants made	74,967	60,447
	The total grants paid to institutions during the year was as follows:
		30.9.25	30.9.24
		£	£
	Grants made to institutions	33,106	25,287
	Match funding grants	38,361	34,310
		71,467	59,597

The Charity carefully considers all applications for grants. Such grants are made where the cause is in line with the Charity's objectives. All grants are made pre-dominantly to causes in the Kent area. None of the grants made in the year are individually material to the financial statements.

The total grants paid to individuals during the year was as follows:

	30.9.25	30.9.24
	£	£
Grants made to individuals	3,500	850

In the year to 30 September 2025, the Charity made a number of small grants to individuals who met the Charity's strict criteria.

Page 18

continued...

CORNWALLIS EAST KENT FREEMASONS CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2025

8. SUPPORT COSTS

Governance Management costs £ £ Raising donations and legacies 8,265 10,337 Other resources expended - 2,863 8,265 13,200	Totals £ 18,602 2,863
	21,465

9. AUDITORS' REMUNERATION

Auditor's remuneration for the year was £11,400 (2024: £nil) for the audit of the financial statements, and £1,963 (£2,522) for other services

10. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30 September 2025 nor for the year ended 30 September 2024.

Trustees' expenses

There were no trustee's expenses paid for the year ended 30 September 2025 nor in the year ended 30 September 2024.

11. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was nil (2024: nil).

12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 43,015 Other trading activities 2,009 Investment income 21,918 Total 66,942 EXPENDITURE ON Raising funds 4,339 Charitable activities Donations given - Grants made 59,597 Other 2,627 Total 66,563	Restricted Endowment funds funds £ £ - - - - - - - - - - 68,546 - 850 - - - 69,396 -	Total funds £ 43,015 2,009 21,918
		66,942
		4,339 68,546 60,447 2,627
		135,959

Page 19

continued...

CORNWALLIS EAST KENT FREEMASONS CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2025

12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued

Unrestricted Restricted fund funds £ £ Net gains on investments 56,928 - NET INCOME/(EXPENDITURE) 57,307 (69,396) RECONCILIATION OF FUNDS Total funds brought forward 369,788 169,396 TOTAL FUNDS CARRIED FORWARD 427,095 100,000 13. CURRENT ASSET INVESTMENTS Listed investments The increase in the year relates to revaluation gains of £11,890 (2024: £56,928). 14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other creditors 15. ANALYSIS OF NET ASSETS BETWEEN FUNDS Unrestricted Restricted Endowment fund funds funds £ £ £ Current assets 276,942 248,173 1,271,723 Current liabilities (13,363) - - 263,579 248,173 1,271,723	Endowment funds £ - - 147,305 147,305 30.9.25 £ 481,602 30.9.25 £ 13,363 30.9.25 Total funds £ 1,796,838 (13,363) 1,783,475	Endowment funds £ - - 147,305 147,305 30.9.25 £ 481,602 30.9.25 £ 13,363 30.9.25 Total funds £ 1,796,838 (13,363) 1,783,475	Total funds £ 56,928 (12,089) 686,489 674,400 30.9.24 £ 469,712 30.9.24 £ 2,522 30.9.24 Total funds £ 676,922 (2,522) 674,400	Total funds £
				56,928
				(12,089) 686,489
				674,400

Page 20

continued...

CORNWALLIS EAST KENT FREEMASONS CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2025

16. MOVEMENT IN FUNDS

At 1.10.24 £ Unrestricted funds General fund 427,095 Restricted funds Disaster Fund 100,000 MCF - Relief Chest - 100,000 Endowment funds Brooshooft Family Endowment 147,305 Anthony Ian Brooshooft Endowment - 147,305 TOTAL FUNDS 674,400 Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 57,939 Restricted funds MCF - Relief Chest 11,260 Endowment funds Anthony Ian Brooshooft Endowment 1,124,418 TOTAL FUNDS 1,193,617	Net movement in funds £ (2,547) - (12,796) (12,796) - 1,124,418 1,124,418 1,109,075 Resources expended £ (72,376) (24,056) - (96,432)	Transfers between funds £ (160,969) - 160,969 160,969 - - - - Gains and losses £ 11,890 - - 11,890	At 30.9.25 £ 263,579 100,000 148,173 248,173 147,305 1,124,418 1,271,723 1,783,475 Movement in funds £ (2,547) (12,796) 1,124,418 1,109,075

Page 21

continued...

CORNWALLIS EAST KENT FREEMASONS CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2025

16. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

At
1.10.23
£
Unrestricted funds
General fund
369,788
Restricted funds
Disaster Fund
100,000
Almoners Fund
69,396
169,396
Endowment funds
Brooshooft Family Endowment
147,305
TOTAL FUNDS
686,489
Comparative net movement in funds, included in the above are as follows:
Incoming
Resources
resources
expended
£
£
Unrestricted funds
General fund
66,942
(66,563)
Restricted funds
Almoners Fund
-
(69,396)
TOTAL FUNDS
66,942
(135,959)

Net
movement
At
in funds
30.9.24
£
£
57,307
427,095
-
100,000
(69,396)
-
(69,396)
100,000
-
147,305
(12,089)
674,400
Gains and
Movement
losses
in funds
£
£
56,928
57,307
-
(69,396)
56,928
(12,089)

RESTRICTED FUNDS

Disaster Fund

The Disaster Fund of no less than £100,000 is for the purpose of making emergency grants to relieve distress arising from disasters occurring in the Masonic Province of East Kent (East Kent) or to relieve distress arising from disasters both inside or outside of East Kent affecting those persons residing or working in East Kent. Upon payment being made out of the Disaster Fund, the Charity will make an appeal to the Lodges and Chapters within East Kent to make donations to replenish the Disaster Fund to the level of no less than £100,000.

MCF - Relief Chest

Page 22

continued...

CORNWALLIS EAST KENT FREEMASONS CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2025

16. MOVEMENT IN FUNDS - continued

Funds in the relief chest are presented within restricted funds. Payment into the Relief Chest restricts the funds to charitable application via the Scheme, and they cannot be applied to the Charity's general purposes.

ENDOWMENT FUND

Brooshooft Family Endowment

Between 2018 and 2020, the charity received donations from the Brooshooft family, which together, with interest allocated to them, were designated an endowment fund (permanent). This sum stands at £147,305. Income from the endowment funds can be used for the charity's general purposes as set out in its objectives and aims.

Anthony Ian Brooshooft

In 2025 the charity received a legacy from Anthony Ian Brooshooft, which together, with interest allocated to them, were designated an endowment fund (permanent). This sum stands at £1,124,418. Income from the endowment funds can be used for the charity's general purposes as set out in its objectives and aims.

Transfer between funds

During the year it was determined that the funds held under the Relief Chest Scheme should be classified within restricted funds. The opening balance of the Relief Chest (£160,969) was transferred to the restricted fund, from the general fund. All transactions from 1 October 2024 have and will continue to be recorded under restricted funds.

17. RELATED PARTY DISCLOSURES

During the year the charity received the following donations from related parties. The related parties comprise Lodges and Chapters of which one or more trustees of CEKFC are subscribing members, together with other entities in which one or more trustees have an interest.

Trustee	Related Party	2025	2024

G Smith	Adams Lodge No. 158	-	800
P Rodd	Royal Navy Lodge No. 429	519	400
P Rodd	Kitchen Social 1,150		-
M Costelloe	Fleur De Lis Lodge 675		-
M Costelloe	Mid Kent Maser Lodge No. 3173 285		-
Various	East Kent Provincial Grand Stewards Chapter No. 5866 100		-

During the year the charity made the following grants to related parties. The related parties comprise entities of which one or more trustees have an interest.

Trustee	Related Party	2025	2024

D Alexander	East Kent Masonic Fishing Charity 1,100		-

Page 23

continued...

CORNWALLIS EAST KENT FREEMASONS CHARITY

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2025

17. RELATED PARTY DISCLOSURES - continued

C Barden Step & Learn 1,600 -

18. ULTIMATE CONTROLLING PARTY

The charity is controlled by its trustees who are also its members.

Page 24

CORNWALLIS EAST KENT FREEMASONS CHARITY

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2025

INCOME AND ENDOWMENTS Donations and legacies Donations Other trading activities Fundraising events Investment income Deposit account interest Curr asset inv income Total incoming resources EXPENDITURE Charitable activities Transfer to Provincial Almoner Grants to institutions Grants to individuals Support costs Management Administrative costs and exps Governance costs Auditors' remuneration Total resources expended Net income/(expenditure)	30.9.25 £ 1,160,692 1,857 16,921 14,147 31,068 1,193,617 - 71,467 3,500 74,967 8,265 13,200 96,432 1,097,185	30.9.24 £ 43,015 2,009 8,410 13,508 21,918 66,942 68,546 59,597 850 128,993 4,339 2,627 135,959 (69,017)

This page does not form part of the statutory financial statements

Page 25