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← Freemasons Charity Yorkshire North & East Ridings CIO

2025-03-31-accounts

CHARITABLE INCORPORATED ORGANISATION NUMBER: CE008211 (England and Wales) REGISTERED CHARITY NUMBER: 1170209

.

Report of the Trustees and Financial Statements

For The Year Ended 31 March 2025

for

Freemasons Charity Yorkshire North & East Ridings CIO

Ingham & Co. Chartered Accountants Statutory Auditor George Stanley House 2 West Parade Road Scarborough North Yorkshire YO12 5ED

Freemasons Charity Yorkshire North & East Ridings CIO

Contents of the Financial Statements For The Year Ended 31 March 2025

Page
Report of the Trustees 1 to 5
Report of the Independent Auditors 6 to 8
Statement of Financial Activities 9
Balance Sheet 10
Notes to the Financial Statements 11 to 18
Balance Sheet 19
Detailed Statement of Financial Activities 20

Freemasons Charity Yorkshire North & East Ridings CIO

Report of the Trustees For The Year Ended 31 March 2025

The Trustees present their report with the financial statements of the charity for the year ended 31 March 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

The principal objectives of the Charity are the relief of poor and distressed Freemasons and their relatives, and to advance any purpose that is charitable under the law of England and Wales by making grants to other charities, whether masonic or non-masonic. The Trustees have referred to the guidance contained on the Charity Commission's general guidance on public benefit when reviewing the Charity's objectives and planning for the future.

Public benefit

The Charity assists donors to give to both masonic and non-masonic charitable activities more efficiently which contribute to the public benefit by creating value for other charities. The Trustees have complied with the duty in Section 17(5) of the Charities Act 2011 to have regard to the Charity Commission guidance on public benefit in the provision of its activities.

Grant making

The Trustees decide upon the financial level of Masonic Grants made. The Charity receives some direct approaches from potential recipients but invites applications from Lodges and Chapters within the Province in respect of non-masonic grants. The Trustees decide upon the awarding of non-masonic grants. As a matter of established practice non-masonic grants have normally been to local registered charities, non-registered charitable causes or other applicants within or agreeing to use such grants within the Province. On occasion national charities have been supported if it can be demonstrated that grants given will be applied within the Province.

ACHIEVEMENT AND PERFORMANCE

Charitable activities

Income

The unrestricted income is derived from investment income, donations from individuals and from lodge and chapter contributions.

The collections at the Provincial Annual Meetings raised £3,763 compared with £3,816 in 2024 of which 50% of the Craft meeting to be paid to the Association of Friends of Connaught Court, and the full value of the Chapter meeting was donated to Dementia Forward along with financial support from FCYNER.

Lottery proceeds in this accounting period produced a net income of £4,511.

The Trustees remain pleased with the progress within the Province but would be grateful to see donations increase so that grants can continue to be made at an appropriate level. Overall income, including for the Teddies For Loving Care scheme raised £52,962 to March 2025 compared to the £49,083 from March 2024, representing an 8% increase on a like for like basis.

The Appeal program of match funding which had started during the Covid Pandemic wasn’t run in 2025, however the Trustees continue to review new and diverse ways to engage with lodges for funding and grant making.

Expenditure

In 2025 the Charity continued to support charities and good causes within the province, Masonic Grants decreased to £14,800 up to March 2025 from £16,387 in the previous year which is influenced by the number of recipients of support from the MCF, and Teddies for Loving Care expended £4,747 of its restricted fund in comparison to £7,895 from the previous year.

Comparable expenditure (netting off the Autumn Appeal figures for comparison purposes) for Non-Masonic Grants was lower at £15,211 up to March 2025 compared to £16,585 in the previous year, the Trustees continue to communicate the grant giving process as at every opportunity.

The Christmas grants for widows and dependents again took place.

Expenditure was lower this year mainly because of a reduction in applications for grants being made and also no similar

Page 1

Freemasons Charity Yorkshire North & East Ridings CIO

Report of the Trustees For The Year Ended 31 March 2025

ACHIEVEMENT AND PERFORMANCE (continued)

Autumn Appeal, however all of the above activity resulted in an “operating” surplus of £903. Unrealised gains on investments totaling £5,082 up to March 2025 reduced from the unrealised gains of £20,392 of 2024.

Overall the above resulted in a net income of £5,985 this year in comparison to the net income of £4,009 in the previous reporting period.

AGM

The seventh AGM was held on 10[th] October 2024. On this occasion there were two vacancies for trustee roles, David Marsh and Chris Lefevre stepped down as trustees, and they were thanked for their years of service. Howard Newton and Keith Riches were appointed as trustees.

The Chairman has thanked all Trustees for their hard work throughout the year.

Nominated Trustees

The President nominated Hitendrakumar Thaker on 12[th] May 2025 to replace Martin Eggermont, and Derek McKenzie remained nominated.

Investment performance

The investment sub-committee met with the investment advisors during the year and reviewed their performance throughout the year. The Trustees are pleased with the investments. No change in the risk profile of the funds was made during the year but this remains under regular review having regard to the current global situation which, as anticipated, has reduced the value of investments during the accounting period.

Policies and procedures

Policies and procedures are reviewed on an annual basis.

FINANCIAL REVIEW

Financial position

The overall surplus for the restricted and unrestricted fund as detailed in the financial statements was £5,985 (2024 - £4,009). A breakdown of the general fund’s overall income and expenditure is given in the Statement of Financial Activities and associated notes. At 31[st] March 2025 the Charity had overall Net Assets of £861,178 (2024 - £855,193).

Principal funding sources

The charity’s funding sources are shown on the Statement of Financial Activities on Page 9 of the financial statements. The principal sources of funding are individual and lodge donors within the Province and income received from the charity’s investments.

Investment policy and objectives

The Charity’s investment powers are prescribed in the Charity’s Trust document and allow the Charity to make any investment in which the Trustees think fit. The investment strategy is set by the Trustees having considered the income requirements and risk profile of the Charity, together with the investment managers’ view of the market prospects in the medium term. The Trustees have agreed that a balanced return from income and capital is required and that a low to medium level of risk is acceptable. The Trustees have sought to achieve this through the holding of a combination of lower and higher risk securities, however the overall investment portfolio risk is low to medium.

Reserves policy

The Reserves Policy was reviewed and confirmed in March 2025 by the Trustees. It is set out below.

The monies held from time to time by the Trustees (excluding monies held in a fund designated from time to time as a restricted fund) shall normally be of such magnitude as the Trustees consider from time to time to be desirable to produce income in any year which when combined with donations received by the Trustees in such year shall be sufficient to discharge from such income and donations those charitable grants which the Trustees may from time to time consider appropriate.

Total reserves of £861,178 (2024: £855,193) include £843,377 set aside to maintain future investment returns for funding expenditure in supporting beneficiaries, this is kept under regular review.

Page 2

Freemasons Charity Yorkshire North & East Ridings CIO

Report of the Trustees For The Year Ended 31 March 2025

FINANCIAL REVIEW (continued)

Investment returns

The investment portfolio of the charity remained reasonably static from March 24 with a 0.5% reduction in capital value, the returns on these investments saw a gross return of £30,759 which is an increase of 1.3% on previous years returns.

The Trustees’ investment sub-committee review the investment performance on a constant basis.

Administration

Regular contact is made between Trustees by e-mail and regular meetings of the Grants Committee and of the Trustees take place on a quarterly basis.

Action Taken

The Trustees decided to continue to support worthwhile causes. The effects have been described above.

EFFECTS ON INCOME AND EXPENDITURE

These have been described in detail above. In brief, donations have decreased over the preceding accounting period and investment income has increased. Expenditure has continued but at a reduced level to support the resolution of the Trustees described above.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The Charity is constituted as a Charitable Incorporated Organisation under the Charities Act 2011.

Recruitment and appointment of new Trustees

The Trustees are elected by the members of the Charity at the Annual General Meeting and are responsible for the Charity's strategic direction and establishing policy.

Risk management

The Trustees actively review the major risks which the charity faces on a regular basis and believe that the maintenance of unrestricted funds at the levels set out in this report, combined with the balanced investment profile, have mitigated the charity's exposure to the major risks.

The Trustees regularly discuss the strategy regarding Risk Management of their investments with regards to the returns and risk elements . The investment portfolio is managed on a low to medium risk basis.

Before a Grant is made care is taken to ensure that the recipient meets the criteria laid down in the rules governing such applications and its finances and objectives are examined. Grants are considered by the Grants & Area Representatives Sub-Committee and recommendations passed to the Trustees. Grants to an individual who is in urgent need, are dealt with by the Almoner, and are done so in accordance with the authority delegated to him, and these Grants must be reported to the Trustees. Grants to an individual for a project are sponsored by a Lodge or Chapter in the Province and determined by the Trustees in accordance with precedent.

Page 3

Freemasons Charity Yorkshire North & East Ridings CIO

Report of the Trustees For The Year Ended 31 March 2025

REFERENCE AND ADMINISTRATIVE DETAILS Registered CIO number

CE008211 (England and Wales)

Registered Charity number 1170209

Registered office 85 Knole Road Billingham Stockton-on-Tees TS23 3BQ

Trustees

M.de-V Roberts P Hillary W H Fisher S Hall S Horner A Walker K Riches (appointed 10.10.24) H Newton (appointed 10.10.24) D J Marsh (retired 10.10.24) C B Levfevre (retired 10.10.24) M Eggermont (retired 12.05.25) D McKenzie H Thaker (nominated 12.05.25)

CIO Secretary

C Hunton

Auditors

Ingham & Co. Chartered Accountants Statutory Auditor George Stanley House 2 West Parade Road Scarborough North Yorkshire YO12 5ED

REFERENCE AND ADMINISTRATIVE DETAILS

Bankers Lloyds Bank Plc PO Box 1000 Andover BX1 1LT

Investment Advisers

Rathbones Beech House 61 Napier Street Sheffield S11 8HA

Page 4

Freemasons Charity Yorkshire North & East Ridings CIO

Report of the Trustees For The Year Ended 31 March 2025

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).

The law applicable to charities requires the trustees to prepare financial statements for each financial year which 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

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. 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.

In so far as the Trustees are aware:

AUDITORS

The auditors, Ingham & Co., will be proposed for re-appointment at the forthcoming Annual General Meeting.

Approved by order of the board of Trustees on 26 June 2025 and signed on its behalf by:

W Fisher - Trustee

Page 5

Report of the Independent Auditors to the Trustees of Freemasons Charity Yorkshire North & East Ridings CIO

Opinion

We have audited the financial statements of Freemasons Charity Yorkshire North & East Ridings CIO (‘the Charity’) for the year ended 31 March 2025 which comprise the Statement of Financial Activities, the Balance Sheet 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).

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:

Page 6

Report of the Independent Auditors to the Trustees of Freemasons Charity Yorkshire North & East Ridings CIO

Responsibilities of trustees

As explained more fully in the Statement of Trustees' Responsibilities, the trustees are responsible for the preparation of the financial statements and for being satisfied that they 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.

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.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. 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:

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

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

Page 7

Report of the Independent Auditors to the Trustees of Freemasons Charity Yorkshire North & East Ridings CIO

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

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 trustees 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.

Ingham & Co. Chartered Accountants Statutory Auditor Eligible to act as an auditor in terms of Section 1212 of the Companies Act 2006 George Stanley House 2 West Parade Road Scarborough North Yorkshire YO12 5ED

26 June 2025

Page 8

Freemasons Charity Yorkshire North & East Ridings CIO

Statement of Financial Activities For The Year Ended 31 March 2025

Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
Member donations
5,487
Lodge donations
4,136
Collections from provincial annual meetings
1,240
Other
2
687
Other trading activities
3
4,511
Investment income
4
30,759
Total
46,820
EXPENDITURE ON
Raising funds
5
8,227
Charitable activities
Masonic grants 6
14,800
Non-masonic grants
6
12,688
Teddies for Loving Care
-
Other charitable expenditure 9
2,775
Support costs
7
6,299
Total
44,789
NET INCOME/(EXPENDITURE) BEFORE
INVESTMENT GAINS/(LOSSES)
2,031
Net gains/(losses) on investments
5,082
NET INCOME/(EXPENDITURE)
7,113
RECONCILIATION OF FUNDS
Total funds brought forward
836,264
TOTAL FUNDS CARRIED FORWARD
843,377		 Restricted
fund
£
-
-
2,523
3,619
-
-
6,142
-
-
2,523
4,747
-
-
7,270
(1,128)
-
(1,128)
18,929
17,801		 2025
Total
funds
£
5,487
4,136
3,763
4,306
4,511
30,759
52,962
8,227
14,800
15,211
4,747
2,775
6,299
52,059
903
5,082
5,985
855,193
861,178		 2024
Total
funds
£
4,761
6,709
3,816
3,326
3,298
27,173
49,083
7,931
16,387
21,865
7,895
2,896
8,492
65,466
(16,383)
20,392
4,009
851,184
855,193

The notes form part of these financial statements

Page 9

Freemasons Charity Yorkshire North & East Ridings CIO

Balance Sheet 31 March 2025

Notes
FIXED ASSETS
Tangible assets
12
Investments
13
CURRENT ASSETS
Debtors
14
Cash at bank
CREDITORS
Amounts falling due within one year
15
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
CREDITORS
Amounts falling due after more than one year
16
NET ASSETS
FUNDS
17
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Unrestricted
fund
£
368
843,637
3,416
9,637
13,053
(13,681)
(628)
843,377
-
843,377		 Restricted
fund
£
-
-
506
21,376
21,882
(4,081))
17,801
17,801
-
17,801		 2025
Total
funds
£
368
843,637
3,922
31,013
34,935
(17,762)
17,173
861,178
-
861,178
843,377
17,801
861,178		 2024
Total
funds
£
-
847,201
5,454
20,102
25,556
(17,564)
7,992
855.193
-
855,193
836,264
18,929
855,193

The financial statements were approved by the Board of Trustees and authorised for issue on 26 June 2025 and were signed on its behalf by:

............................................. P Hillary - Trustee

............................................. D J Marsh - Trustee.

The notes form part of these financial statements

Page 10

Freemasons Charity Yorkshire North & East Ridings CIO

Notes to the Financial Statements For The Year Ended 31 March 2025

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable incorporated organisation, 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'. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.

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.

Tangible fixed assets

Depreciation is provided at the following annual rate in order to write off each asset over its estimated useful life.

Computer equipment - 33% on cost

Raising funds

Raising funds includes all expenditure incurred by the charity to raise funds for its charitable purposes and includes costs of all fundraising activities, events, non-charitable trading and investment management fees.

Charitable activities

Grants payable are charged in the year when the offer is conveyed to the recipient except in those cases where the offer is conditional. Conditional grants are recognised as expenditure when the conditions attached are fulfilled.

Other costs

Other costs consists of the charity support costs including governance costs. Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practice. These costs include costs related to statutory audit and legal fees.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

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

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2. DONATIONS AND LEGACIES

Teddies for Loving Care
Other income		 2025
£
3,619
687
4,306		 2024
£
1,912
1,414
3,326

continued...

Page 11

Freemasons Charity Yorkshire North & East Ridings CIO

Notes to the Financial Statements - continued For The Year Ended 31 March 2025

3. OTHER TRADING ACTIVITIES

Masonic lottery – net proceeds
4.
INVESTMENT INCOME
Quoted investments
5.
RAISING FUNDS
Raising donations and legacies
Investment management fees
6.
GRANTS PAYABLE
Masonic grants
Non-masonic grants to institutions
The total grants paid to institutions during the year was as follows:
York Carers Centre
Burton Agnes Church of England Primary School
St Leonards’ Hospice
Dementia Forward
Beverley RDA
The RDA Centre in Cleveland Ltd
Yatton House Society
The South Cleveland Heart Fund
The Dalescare Centre
Middlesbrough Foodbank
Age UK Teesside
Cleveland Alzheimer’s Residentiual Centre
Friends of Connaught Court
Young People Count
Marton District Hall
Richmond & District Village Hall
Kingfisher Cafe for the Homeless
Vision 25
Great Ayton Cricket & Football Club
South Tees Hospitals Charity
Balance carried forward		 2025
£
4,511
2025
£
30,759
2025
£
8,227
2025
£
14,800
15,211
30,011
2025
£
1,000
1,322
1,000
2,600
500
1,750
350
200
1,000
500
300
300
2,239
400
300
300
200
400
250
300
15,211		 2024
£
3,298
2024
£
27,173
2024
£
7,931
2024
£
16,387
21,865
38,252
2024
£
-
-
-
1,100
-
-
-
-
-
500
-
-
2,022
-
-
-
-
-
-
300
3,922

continued...

Page 12

Freemasons Charity Yorkshire North & East Ridings CIO

Notes to the Financial Statements - continued For The Year Ended 31 March 2025

6. GRANTS PAYABLE - continued

Balance brought forward
15,211
Autumn Appeal (see Appendix on page 19)
-
Tees Valley Women’s Centre
-
Welburn Community School
-
Helping Others In Need Group
-
Derwent Valley Scout Group
-
Yorkshire & Scarborough Hospital Charity (Scarborough Hospital)
-
North Ferriby Riding School for the Disabled
-
Flamborough Women's Institute
-
First Scarborough Scouts
-
Refugee Action York
-
Hessle Road Network
-
Bishopthorpe Pre School
-
First Steps Pre School
-
Yorkshire & Scarborough Hospital Charity (Bridlington Hospital)
-
Doorways Middlesbrough
-
Dove House Hospice
-
Shine 21
-
P.A.U.L. for Brain Recovery
-
Pendragon Community Trust
-
Juno lodge re Beverley Food Scheme
-
Hull Help for Refugees
-
East Hull Youth Rugby League
-
Special Stars Foundation
-
The Dalesman Singers
-
Autism Matters
-
My Sister’s Place
-
15,211
7.
SUPPORT COSTS
Governance
Management
Finance
costs
£
£
£
Other resources expended
368
225
5,706
8.
AUDITORS' REMUNERATION
2025
£
Audit of the charity's financial statements
4,284
Auditors' remuneration for non-audit work
1,422		 3,922
5,280
600
2,000
350
1,030
750
420
600
250
500
1,000
200
150
750
200
500
1,000
500
500
500
250
-
250
200
63
100
21,865
Totals
£
6,299
2024
£
3,960
1,320

continued...

Page 13

Freemasons Charity Yorkshire North & East Ridings CIO

Notes to the Financial Statements - continued For The Year Ended 31 March 2025

9. OTHER CHARITABLE EXPENDITURE

OTHER CHARITABLE EXPENDITURE
2025 2024
£ £
Prostate Cancer screening 2,775 2,896

At the Provincial Annual Meeting of Craft, held in May 2024, the charity provided the opportunity for free Prostate Cancer screening testing for its members.

10. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.

Trustees' expenses

Expenses totalling £Nil (£Nil – 2024) were reimbursed to trustees during the year in respect of administration costs incurred.

11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
12,291
Other trading activities
3,298
Investment income
27,173
Total
42,762
EXPENDITURE ON
Raising funds
7,931
Charitable activities
Masonic grants
14,000
Non-masonic grants
19,843
Teddies for Loving Care
-
Other charitable expenditure
2,896
Support costs
8,492
Total
53,162
Net gains on investments
20,392
NET INCOME/(EXPENDITURE)
9,992
Total funds brought forward
826,272
TOTAL FUNDS CARRIED FORWARD
836,264		 Restricted
fund
£
6,321
-
-
6,321
-
2,387
2,022
7,895
-
-
12,304
-
(5,983)
24,912
18,929		 Total
funds
£
18,612
3,298
27,173
49,083
7,931
16,387
21,865
7,895
2,896
8,492
65,466
20,392
4,009
851,184
855,193

continued...

Page 14

Freemasons Charity Yorkshire North & East Ridings CIO

Notes to the Financial Statements - continued For The Year Ended 31 March 2025

12. TANGIBLE FIXED ASSETS

TANGIBLE FIXED ASSETS
Computer
equipment
£
COST
Additions 549
DEPRECIATION
Charge for year 181
NET BOOK VALUE
At 31 March 2025 368
At 31 March 2024 -

13. FIXED ASSET INVESTMENTS

Cash and
Listed
settlements
investments
pending
£
£
MARKET VALUE
At 1 April 2024
832,022
15,179
Additions
167,498
-
Disposals
(170,196)
(5,948)
Revaluations
5,082
-
At 31 March 2025
834,406
9,231
NET BOOK VALUE
At 31 March 2025
834,406
9,231
At 31 March 2024
832,022
15,179		 Totals
£
847,201
167,498
(176,144)
5,082
843,637
843,637
847,201

All investments are carried at their fair value. Investment in equities and fixed interest securities are all traded in quoted public markets, primarily the London Stock Exchange. Holdings in common investment funds, unit trusts and open-ended investment companies are at the bid price. The basis of fair value for quoted investments is equivalent to the market value, using the bid price. Asset sales and purchases are recognised at the date of trade at cost (that is their transaction value).

United Kingdom Fixed Income
Overseas Fixed Income
United Kingdom Equities
Overseas Equities
Emerging Economy
Property Funds
Alternative Assets
Cash at bank awaiting investment		 2025
£
277,346
61,321
112,489
231,971
13,175
16,714
121,390
9,231
843,637		 2024
£
225,790
121,811
86,365
186,026
13,075
50,349
148,606
15,179
847,201

Page 15

continued...

Freemasons Charity Yorkshire North & East Ridings CIO

Notes to the Financial Statements - continued For The Year Ended 31 March 2025

13. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 31 March 2025 is represented by:

Cash and
Listed
settlements
investments
pending
£
£
Valuation in 2025
89,955
-
Cost
744,451
9,231
834,406
9,231
14.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
£
Other debtors
3,922
15.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
£
Other creditors
10,212
Accruals and deferred income
7,550
17,762
16.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025
£
Other creditors
-
17.
MOVEMENT IN FUNDS
Net
movement
At 1.4.24
in funds
£
£
Unrestricted funds
General fund
836,264
7,113
Restricted funds
Restricted fund
18,929
(1,128)
TOTAL FUNDS
855,193
5,985		 Totals
£
89,955
753,682
843,637
2024
£
5,454
2024
£
7,921
9,643
17,564
2024
£
-
At
31.3.25
£
843,377
17,801
861,178

Page 16

continued...

Freemasons Charity Yorkshire North & East Ridings CIO

Notes to the Financial Statements - continued For The Year Ended 31 March 2025

17. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Incoming
resources
£
Unrestricted funds
General fund
46,820
Restricted funds
Restricted fund
6,142
TOTAL FUNDS
52,962
Comparatives for movement in funds
Unrestricted funds
General fund
Restricted funds
Restricted fund
TOTAL FUNDS		 Resources
expended
£
(44,789)
(7,270)
(52,059)
At 1.4.23
£
826,272
24,912
851,184		 Gains and
Movement
losses
in funds
£
£
5,082
7,113
-
(1,128)
5,082
5,985
Net
movement
At
in funds
31.3.24
£
£
9,992
836,264
(5,983)
18,929
4,009
855,193

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Restricted fund
TOTAL FUNDS		 Incoming
resources
£
42,762
6,321
49,083		 Resources
expended
£
(53,162)
(12,304)
(65,466)		 Gains and
Movement
losses
in funds
£
£
20,392
9,992
-
(5,983)
20,392
4,009

18. RELATED PARTY DISCLOSURES

During the year the charity purchased IT support services totalling £Nil (2024 - £2,340) from N3I Limited, a company in which one of the Trustees is a director.

continued...

Page 17

Freemasons Charity Yorkshire North & East Ridings CIO

Notes to the Financial Statements - continued For The Year Ended 31 March 2025

19. RESTRICTED FUNDS

Teddies for Loving
Care Scheme
PGA
Wellbeing Initiative
Community Chest
PGL Collection		 Balance at 31
March 2024
£
8,336
9,672
179
742
-
18,929		 Incoming
Resources
£
3,619
-
-
-
2,523
6,142		 Outgoing
Resources
£
(4,747)
-
-
-
(2,523)
(7,270)		 Investment
Gains
£
-
-
-
-
-
-		 Balance at
31 March
2025
£
7,208
9,672
179
742
-
17,801

The Teddies for Loving Care Scheme provides soft toys to children admitted to hospital Accident and Emergency wards in a state of distress. The funds for this appeal are all held as cash deposits.

Provincial Grand Almoner (“PGA”) is a restricted fund set up by a single donation from a member of the Charity for the express purposes of supporting the Provincial Grand Almoner in his role in overseeing the needs of distressed members and their family. The funds are all held as cash deposits.

The Wellbeing initiative assists good causes determined by individual lodges. The funds for this scheme are all held as cash deposits.

The Community Chest is a scheme assists good causes determined by individual lodges. The funds for this scheme are all held as cash deposits.

The Provincial Grand Lodge (“PGL”) collection represents funds collected with the express purpose of supporting the Friends of Connaught Court and Dementia Forward charities.

Page 18

Freemasons Charity Yorkshire North & East Ridings CIO

Appendix

For The Year Ended 31 March 2025

Analysis of Matched Funding Grants paid under the Autumn Appeal
Richmond and Catterick Riding for the Disabled
Dove House Hospice
Menfulness CIO
Hull and East Riding Breast Friends
Raise the Roof Community Project
Shine 21
Bedale Scouts
My Sister's Place
The Salvation Army
York Inspirational Kids CIC
The Legacy Learning Trust
Autism Matters
Trinity Methodist Church
Ryedale Special Families		 2025
2024
£
£
-
300
-
300
-
500
-
150
-
500
-
300
-
500
-
400
-
180
-
400
-
400
-
450
-
400
-
500
-
5,280

Page 19

Freemasons Charity Yorkshire North & East Ridings CIO

Detailed Statement of Financial Activities For The Year Ended 31 March 2025

2025 2024
£ £
INCOME AND ENDOWMENTS
Donations and legacies
Donations 13,386 15,286
Teddies for Loving Care 3,619 1,912
Sales of donated regalia 687 1,414
17,692 18,612
Other trading activities
Masonic Lottery – net proceeds 4,511 3,298
Investment income
Quoted investments 30,759 27,173
Total incoming resources 52,962 49,083
EXPENDITURE
Raising donations and legacies
Investment management fee 8,227 7,931
Teddies for Loving Care 4,747 7,895
Other charitable expenditure 2,775 2,896
Grants to institutions –Masonic - 2,387
Grants to institutions – Non-Masonic 15,211 21,865
Grants to individuals 14,800 14,000
37,533 49,043
Support costs
Management
Printing and stationery - 315
Sundries 187 207
Depreciation 181 -
Computer costs - 2,479
368 3,001
Finance
Bank charges 225 211
Governance costs
Auditors' remuneration 4,284 3,960
Auditors' remuneration for non-audit work 1,422 1,320
5,706 5,280
Total resources expended 52,059 65,466
Net income/(expenditure) 903 (16,383)

This page does not form part of the statutory financial statements

Page 20