# **ROYAL MASONIC TRUST FOR GIRLS AND BOYS ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022** **Charity Number: 1170336 Company Number: 01705033** ## **ROYAL MASONIC TRUST FOR GIRLS AND BOYS** |Contents|Page| |---|---| |Trustees’ Annual Report|3| |Strategic Report|6| |Statement of Trustees’ Responsibilities|12| |Auditor’s Report|13| |Statement of Financial Activities|16| |Balance Sheet|17| |Statement of Cash Flows|18| |Notes to the Financial Statements|19| |**The following pages do not form part of the statutory accounts**|| |Annex A – Grants made to Charitable Institutions|33| |Annex B – Hospice Grants made by Province|43| Page 2 of 43 ## **ROYAL MASONIC TRUST FOR GIRLS AND BOYS** ## **TRUSTEES’ ANNUAL REPORT** The trustees are pleased to submit their report for the year ended 31[st] March 2022. This report includes a directors’ report as required by Section 415 of The Companies Act 2006 and a strategic report as required by The Companies Act 2006 (Strategic Report and Directors’ Report) Regulations 2013. ## **Reference and Administrative Information** ## **Name and Registered Office** The name of the charity is the Royal Masonic Trust for Girls and Boys (the “Charity”) and it has its registered office at 60 Great Queen Street, London, WC2B 5AZ. ## **Trustees** The trustees who served during the whole of the year were: - The Masonic Charitable Foundation (“MCF”) (Corporate Trustee, Registered Charity No. 1164703, Company Number 09751836) - Sir Paul Williams, OBE, KStJ, DL The trustees of the MCF who served during the year were: - John Boyington, CBE - Sinead Brophy - Charles A.G. Cunnington - Timothy D. Dallas-Chapman (resigned 9[th] December 2021) - Simon D’O. Duckworth, OBE, DL - Clive Emerson - Dr Simon Fellerman - Alan P. Graham, MBE - Antony D.G. Harvey - Christopher Head - Michael R. Heenan (Treasurer) - Richard M. Hone, QC (President) - James H. Newman, OBE (resigned 28[th] April 2021) - Stephen Robinson - Howard Ian Sabin (resigned 9[th] December 2021) - David Southern (appointed 10[th] June 2021) - Nigel J. Vaughan - David C. Watson (resigned 9[th] December 2021) - Andrew G. Wauchope - Sir Paul Williams, OBE, KStJ, DL (Deputy President and Chairman) - Howard G. Wilson James H. Newman resigned as Chairman of the MCF on 31[st] March 2021 and Trustee of the MCF on 28[th] April 2021, and Sir Paul Williams was appointed Chairman on 1[st] April 2021. Page 3 of 43 ## **ROYAL MASONIC TRUST FOR GIRLS AND BOYS** ## **TRUSTEES’ ANNUAL REPORT** ## **Executive** The Executive during the year to 31[st] March 2022 were: - Les Hutchinson, Chief Executive - Charles Angus, Group Finance Director - Annette Campbell, Company Secretary (resigned 5[th] February 2022) - - Brenda Nurse, Company Secretary (appointed 1[st] March 2022) ## **Auditor** Knox Cropper LLP, Chartered Accountants, 65 Leadenhall Street, London, EC3A 2AD ## **Bankers** Barclays Bank Plc, Level 28, 1 Churchill Place, Canary Wharf, London, E14 5HP National Westminster Bank Plc, Bloomsbury Parr’s Branch, 214 High Holborn, London, WC1V 7BX ## **Investment Advisors** Asset Risk Consultants Limited, 7 New Street, St. Peter Port, Guernsey, GY1 2PF ## **Investment Managers** Thesis Unit Trust Management Ltd, Exchange Building, St John's Street, Chichester, West Sussex PO19 1UP Royal London Asset Management Ltd., 55 Gracechurch Street, London, EC3V 0UF ## **Solicitors** Stone King LLP, Boundary House, 91 Charterhouse Street, London, EC1M 6HR Page 4 of 43 ## **ROYAL MASONIC TRUST FOR GIRLS AND BOYS** ## **TRUSTEES’ ANNUAL REPORT** ## **Structure, Governance and Management** ## **Organisation** The Charity is constituted as a company limited by guarantee and its governing document is its articles of association. The Charity was renamed from MTGB Nominees on 17[th] October 2016. The unrestricted assets from the unincorporated trust were transferred to the Charity with effect from 1[st] February 2017 following a resolution from the trustees made on 15 December 2016. As the trustees consist of the MCF and the chairman of the MCF, the MCF exercises control over the Charity, and will consolidate the Charity’s results in its group accounts. Details of the processes for the appointment, induction and training of the MCF’s trustees are given in the annual report and accounts of that company. ## **Governance and Management** All governance and management capabilities are provided by the MCF and details of the relevant committees and processes are provided in the annual report and accounts of that company. Trustees and committees of the MCF address the specific needs of the Charity as part of their roles and responsibilities for the MCF. The trustee board and the main committees meet as follows: |**Board/Committee**|**Purpose**|**Meetings per**
**year **| |---|---|---| |Trustee Board|Main decision-making body with ultimate responsibility for the
Charity|4| |Audit and Risk|Identification and mitigation of risk, oversight of external audit|2| |Charity Grants|Consideration of applications for grants from organisations
recognised by the Charity Commission|4| |Finance|Ensuring adequate procedures are in place to manage all
aspects of financial planning, controlling and reporting.|4| |Fundraising|Supporting the masonic community’s fund raising activities to
support the Charity|4| |Investments|Maintaining investment strategies to meet the requirements of
the Charity, appointment and monitoring of fund managers|4| |Masonic Support|Consideration of applications from individuals connected with
the masonic community for financial relief|4| |Property (RMTGB
only)|Development and execution of strategies to optimise the returns
from the Charity’s property portfolio|4| |Remuneration|Determinationofexecutive and staffpay & benefits|2| |Strategy|Development and implementation of strategies to support the
Charity’s objectives. In addition, the trustees hold an annual
strategic‘away day’|4| The Charity does not employ any staff, with services being provided by staff employed by the MCF. These services are recharged by the MCF monthly, based upon the number of grants processed, as detailed in note 6 to the accounts. Page 5 of 43 ## **ROYAL MASONIC TRUST FOR GIRLS AND BOYS** ## **STRATEGIC REPORT** ## **Objectives and Activities** ## **Objects** The objects of the Charity shall be for the relief of poverty and the advancement of education by: - the assistance of such children (including adopted children, step-children and children of the family) of any age of Freemasons under the United Grand Lodge of Ancient Free and Accepted Masons of England as the trustees consider from time to time are in need of assistance; - if and to the extent to which the resources of the Charity are not used for the foregoing purpose, assisting any child or children of any age whether or not the child or children of a Freemason. Whilst the primary objective relates to support for the dependents of Freemasons, in 2021/22 the Charity continued to expand its secondary objective of helping other children through provision of grants to nonmasonic registered charities seeking to alleviate the effects of child poverty. Within the guidelines set down by the governing documents, the Charity took every practical precaution to ensure that all applications are considered fairly and without prejudice. ## **Volunteers** In addition to the immeasurable assistance provided by charity stewards in supervising the fundraising efforts within their own lodges or provinces, provinces sponsoring petitions are invited to nominate a case almoner to assist and act as the link between the Charity and the child and parents or guardian. The assistance given by the case almoners and all other voluntary workers associated with the Charity enable it to maximise effectiveness and help meet its objectives. The Charity recognises that the welfare of all children is paramount and that all children and young people, regardless of ability or culture, have equal rights of protection. The Charity has a duty of care and will do everything it can to provide a safe and caring environment to ensure their safety. The Charity has written policies on safeguarding children and young people as well as the adults who work with them, which govern the recruitment, selection, training and behaviour of staff and volunteers, and any others likely to come into contact with children. ## **Activities** Assistance is provided in a variety of ways to meet the primary objectives of the Charity that are to relieve poverty and advance education. Children and young people are supported in a wide range of educational settings, including state and private schools, colleges and universities. Support is aimed at helping beneficiaries to live in Masonic families that are healthy, stable and secure. Children are provided with specific support to receive the education and training they need to achieve their potential and to succeed in life. The Charity will assist with academic study or with apprenticeships for practical trades. It also aims to enhance its beneficiaries’ lives with opportunities for educational travel and professional extra-curricular activities. Grants are assessed against eligibility criteria, the guidelines for which are reviewed regularly. Page 6 of 43 ## **ROYAL MASONIC TRUST FOR GIRLS AND BOYS** ## **STRATEGIC REPORT** ## **Activities (Continued)** Financial support can be given in the form of daily living expense grants, school or course fees, computer equipment, grants for music and sports lessons, educational travel, equipment and materials and to meet any other needs which might be identified. Additional support is provided through a community-based advice and support team and an office-based team of case advisors. They guide potential beneficiaries through the application process and provide ongoing support and advice to families already in receipt of grants. The advice and support team spend the majority of their time visiting families in their own homes. This specialist team possesses a broad range of expertise available to support families through difficult situations and to ensure that they can access all sources of help available to them. The TalentAid scheme helps children and young people who are exceptionally gifted in music, sport and the performing arts. Grants are awarded to assist with on-going costs such as sports coaching, advanced music lessons and school or college fees at specialist institutions. One-off grants are paid to purchase items such as musical instruments and sports equipment or towards attendance at a particular event. All grants are financially assessed. The Stepping Stones scheme, which aimed to reduce child poverty by supporting other registered charities working with the most deprived and disadvantaged children, was subsumed within the MCF’s charity grants activity from 1[st] April 2016. ## **Achievements and Performance** - The Charity has successfully merged its Masonic grant-making activities under the MCF, resulting in a single point of contact and support for all those within the Masonic community seeking help with health and care needs. Through the creation of GAMES (Grant Application Management and Evaluation System) it can now manage, monitor and report on all grants and enquiry activity. - GAMES also allows trained volunteers to submit and monitor applications for support online in their own regions. - From 1 April 2016 RMTGB activities were carried out by the MCF. Through the MCF 2,383 grants were awarded to 1,884 beneficiaries in the current year with a total value of £4.56 M after write back from prior years. - For the furtherance of the charities’ purpose for the public benefit, 386 grants totalling £2.87 M were awarded to non-Masonic causes by the MCF on behalf of the RMTGB. ## **Public Benefit Test** The trustees have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission in exercising their powers and duties. The primary objective of the Charity is to relieve poverty and advance the education of children and young adults considered to be in need. Support is predominantly restricted to children of the family of a Freemason under the English constitution. Page 7 of 43 ## **ROYAL MASONIC TRUST FOR GIRLS AND BOYS** ## **STRATEGIC REPORT** ## **Public Benefit Test (Continued)** There are over 200,000 active Freemasons in England and Wales. In addition there are a significant number of dependents of those Freemasons and, therefore, a large and diverse pool of potential beneficiaries. When funds permit, the Charity awards grants to other charities operating in a similar field of relief and this is currently demonstrated by the support given through the MCF’s charity grants programme. The trustees are therefore satisfied that the requirements of the Public Benefit Test have, and continue to be met. ## **Financial Review** ## **Review of the Year** With the last RMTGB festival winding down, the principal funding sources are now investment returns from the MCF CAIF and the Charity’s property portfolio. Income of £3.15 M was 28% lower than the prior year. The Charity is most grateful for the sterling efforts made by its organising committees and generous donations of time and money by Brethren. Investment income of £2.56 M was 22% lower than prior year, mainly due to continuing relief given through rent waivers to a number of the Charity’s commercial London tenants in order to support them through the Covid-19 lockdowns. Rental income is expected to recover significantly during the course of the next financial year. Expenditure of £10.54 M was 10% lower than the prior year. Grant expenditure of £7.42 M was 13% lower than the previous year, primarily due to £1.01 M incurred in the prior year to support the wider community through foodbanks, support for carers and domestic abuse. Investment gains of £ 9.40 M were 59% lower than prior year due to the significant recovery in world stock markets from June 2020, as well the strong relative performance of the MCF CAIF. The surplus for the year was £3.81 M compared to a prior year surplus of £16.72 M. ## **Reserves Policy** Following the commencement of operations of the MCF in April 2016, all new festivals have been targeted to raise funds for this new charity, which has wide objects to direct grants to where support is most needed. As a result, voluntary income for the Charity has declined significantly to minimal levels over the past two years. The policy is to prioritise the payment of all grants that fall under the objectives of the Charity through the reserves of the Charity before drawing upon the resources of the MCF. Consequently, it is planned that the Charity’s reserves will eventually diminish to a minimal level and the occasional legacy, at which time the MCF will take over full responsibility for the continuation of the Charity’s objects. The Charity’s trustees have determined that a separate designated reserve be created to identify the expected future support to be provided to existing beneficiaries to cover their educational needs up to the age of 21. The Existing Beneficiaries Reserve was set up in 2016/17 to recognise this moral commitment. The commitment was revalued to £42.66 M in 2022 and a transfer of £2.01 M was made to the general reserve. Page 8 of 43 ## **ROYAL MASONIC TRUST FOR GIRLS AND BOYS** ## **STRATEGIC REPORT** ## **Principal Risks and Mitigation** The principal risks identified and agreed actions to mitigate are shown in the following table: |**Risk **|**Consequence**|**Mitigation **| |---|---|---| |Significant unexpected
financial loss from
operations|Reputational damage, loss of
confidence with key stakeholders
and impact upon continuing
financial sustainability|Strong financial procedures,
particularly budgetary planning and
control. Oversight from the Finance
Committee.| |Inadequate liquidity to
meet financial
commitments|Poor service to beneficiaries and
reputational damage. Withdrawal of
key servicesfromsuppliers|Cash flow forecasting and liquidity
planning within the Investment
Strategy| |Significant long-term loss
in the value of the
investment portfolio|Impacts financial sustainability and
reputational damage with donors|Appointment of Asset Risk
Consultants as expert investment
advisors, providing monthly
performance reporting and
analysis. Oversight from
investment and property
committees.| |Grants made outside the
Charity’s Objects and
operating guidelines|Reputational damage, loss of
confidence with key stakeholders
and potential trustee liability|Strong procedures and controls for
processing grants. Oversight from
Masonic Support and Charity
Grants committees| |Cyberattack on IT systems|All key operations are
compromised|United Grand Lodge of England
(“UGLE”) and IT network providers
have strong security procedures in
place covering access, protection,
backups and disaster recovery
facilities. Mandatory cybersecurity
training in place for all staff| |Data protection breach|Reputational damage and
significant financial penalties|Data protection policy, IT security
and HR policies in place| |Fraud|Financial loss, reputational
damage, adverse impact upon staff|Financial procedures, segregation
of duties, authority limits, IT
security, increased awareness
amongst staff| |Unavailability of office
accommodation|Operations compromised|UGLE Business Continuity Plan| |Loss of paper records
from fire/flooding|Breach of legal obligations,
adverse impact upon operations,
potential financialpenalties|Reduced reliance on paper records
with increased use of IT.| |Lack of compliance with
employment legislation|Breach of legal obligations,
potential financial penalties,
breakdown of staff morale and
adverse impact upon service
provision|HR procedures and staff
handbook. Induction processes for
new staff. Ongoing management
training and Personal Development
Review| |Undue reliance on key
persons|Operational breakdown, adverse
impact upon staff morale, poor
service to beneficiaries and
potential reputationaldamage|HR procedures: organisational and
succession planning.
Comprehensive documentation of
procedures and controls| Risks are actively monitored by the Executive and the senior leadership team, and formally reviewed by the audit and risk committee at their biannual meetings. Page 9 of 43 ## **ROYAL MASONIC TRUST FOR GIRLS AND BOYS** ## **STRATEGIC REPORT** ## **Investment Policy and Performance** The MCF global investment strategy seeks to protect the capital value of investments that are required to fund operations for a three-year time horizon (the “Cash Reserve”) and to invest all remaining funds for long term growth, on a total return basis, with an overall objective of making a return of RPI plus 3% net of all expenses. The Cash Reserve is provided by Royal London Asset Management and utilises three of their funds, which provide a mix of instruments, including cash instruments, Treasury Bills, covered (secured) bonds, corporate bonds, Supranationals and mortgage-backed securities. The performance objectives of the three funds are: - Short Term Money Market Fund: SONIA - Cash Plus Fund: SONIA plus 0.50% gross of fees - Enhanced Cash Plus Fund: SONIA plus 1.00% gross of fees The MCF sponsored the launch of the Masonic Charitable Foundation Investment Fund CAIF, which took place on 1[st] October 2018. This is a unit trust with a highly efficient tax wrapper in which the MCF and all its subsidiary charities own their shares in the form of units. Units will be sold as required in order to top up the Cash Reserve on a quarterly basis. The investment strategy is directed for “Steady Growth”, which is a medium-high risk strategy. Risk is managed through diversification, with the funds split between four different fund managers operating on multi asset mandates but utilising differing investment management styles. The overall fund manager is Thesis Unit Trust Management Limited and the custodian is Northern Trust. The asset allocation for the CAIF was amended on 1[st] April 2019 by the investment committee following advice from Asset Risk Consultants. The strategic and actual asset allocations as at 31[st] March 2021 are shown in the following table: |hown in the following table:|||| |---|---|---|---| |**Asset Class**|**Strategic**
**Allocation**|**Benchmark**|**Actual 31st**
**March**
**2022**| |Cash|0.00%|SONIA|3.20%| |FixedIncome|7.50%|FTSEUK World Gov. BondIndexGBP|4.40%| |International Equity|28.75%|MSCI World ex UK NR GBP|56.40%| |Int’nl Equity GBP hedged|12.00%|MSCI World ex UK Hedged NR GBP|3.40%| |U.K. Equity|18.00%|MSCIUK EquityNRGBP|18.50%| |Emerging Market Equity|12.50%|MSCI Emerging Markets Equity NR GBP|2.80%| |Global EquityHedge|13.75%|HFRXGlobal EquityHedge GBP|0.00%| |Alternative Investments|3.75%|HFRX Global Hedge Fund GBP|7.80%| |Property|3.75%|IA UK Direct Property TR|3.50%| ||100.00%||100.0%| Performance under the new arrangements is shown in the table overleaf. Page 10 of 43 ## **ROYAL MASONIC TRUST FOR GIRLS AND BOYS** ## **STRATEGIC REPORT** ## **Investment Policy and Performance (Continued)** ||**MCF CAIF**|**RLAM**
**Short Term**|**RLAM**
**Cash Plus**|**RLAM**
**Enhanced**|**CCLA**| |---|---|---|---|---|---| |Fund at 31stMarch 2022|£110.41|£2.46M|£8.53M|£3.33M|£Nil| |Investment approach|Steady
Growth Multi-
Asset|Capital
Protection|Capital
Protection|Capital
Protection|Income &
long-term
Capital
Growth| |Benchmark|Composite|SONIA|SONIA|SONIA|MSCI/AREF
UK other
balanced
property| |Peer Group|ARC Charity
GBP Steady
Growth|None|None|None|ARC Charity
GBP Steady
Growth| |Return for the year|10.30%|0.13%|(0.09)%|(0.65)%|19.30%| |Benchmark return for year|9.80%|0.14%|0.14%|0.14%|9.70%| |Peergroupreturn foryear|7.10%|N/A|N/A|N/A|7.10%| |3 year return|33.00%|0.38%|0.64%|0.80%|27.00%| |3 year benchmark|26.90%|0.28%|0.28%|0.28%|2.50%| |3 year peer group|22.40%|N/A|N/A|N/A|22.40%| The CAIF has continued to perform strongly during the year, hitting a peak of just over £133.00 per unit at 31[st] December. It fell back in the final quarter due to geopolitical and inflationary concerns, but recovered strongly in the latter part of March. As at 31[st] March 2022, the CAIF was valued at £129.73 per unit. ## **Plans for Future Periods** All future grant-making and support activities will be managed through the MCF, but those relating to the Charity’s objects will be recharged back to it. With all new festivals being linked to the MCF, this will result in reserves being depleted over a period of time. The Charity will continue to receive income from its investments, which will extend the remaining lifetime of the Charity. Key activities being planned for the future by the MCF on behalf of the Charity are provided in the annual report and accounts of the MCF. Page 11 of 43 ROYAL MASONIC TRUST FOR GIRLS AND BOYS STATEMENT OF TRUSTEES. RESPONSIBILITIES Statsment of Responsibilities The trustees. who are also the directors of the Charity for the purposes of company law, are responsible for preparing the trustees, report and financial statements in accordance wlth applicable law and United Kingdom Accounting Standards IU.K. "GAAP"). Company law requires the trustees to propare financial stateménts for each financial ye8r which give a true and fair vi8w of the state of affairs of the Charity and of thè income and exp8nditure of the Charity for that year. In prepanng these financial statements, the trustees are required to.. select suitable accounting policies and then apply them consistently., observe the methods and principles in Accounting and Reporling by Charilles.. Statement of R8commended Practice applicable lo charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland {FRS102),' make judgements and eslimales that are reasonable and prudent., state whether United Kingdom accounting standards have b88n follow8d, subject lo any m8t8rial departures disclosed and explained in the financial 51alemenls,' and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue to operate. Th8 Irustees are responsible for keeping proper accounting records that disclose wlth r88sonable a¢¢uracy 81 any time the financial position of the Charity and enable them to ensure that the financial statements complywilh the Companies Act 2006. They ar8 also responsible forsafeguarding the assels ofthe Charity and for taking reasonable s18ps for the prevention and de18¢tion of fraud and other irregularities. Statament of Di8clo•ure of Informatlon to Audltor Each of the trustees has confirmed that there is no Information of which they are aware which is relevant lo the audit, but of which the auditor is unawar8. They have further eonfirmed that Ihey have taken appropriate steps lo identify such relevant Infonnalion and to establish thal the auditor is aware of such Infomialion. Auditor A resolution proposing that Knox Cropper LLP be reappointed as auditor will be put to the members. Approval by Tru8tse8 This r8POrt. including the str8legic r8POrt, was approved by the trustees on 15th September 2022 and signed on their behalf by Sir Paul Williams, OBE, KStJ. DL Chaiman, MCF Page 12 of 43 ## **ROYAL MASONIC TRUST FOR GIRLS AND BOYS** ## **REPORT OF THE INDEPENDENT AUDITOR TO THE MEMBER OF THE ROYAL MASONIC TRUST FOR GIRLS AND BOYS** ## **Opinion** We have audited the financial statements of The Royal Masonic Trust for Girls and Boys (the ‘Charitable Company’) for the year ended 31 March 2022 which comprise the Statement of Financial Activities, the Balance Sheet, Statement of Cash Flows 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, including Financial Reporting Standard 102 _The Financial Reporting Standard applicable in the UK and Republic of Ireland_ (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements: - give a true and fair view of the state of the Charitable Company's affairs as at 31 March 2022 and of its income and expenditure 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 Companies Act 2006. ## **Basis of 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 Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company 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 Charitable Company’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 other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information. 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. Page 13 of 43 ## **ROYAL MASONIC TRUST FOR GIRLS AND BOYS** ## **REPORT OF THE INDEPENDENT AUDITOR TO THE MEMBER OF THE ROYAL MASONIC TRUST FOR GIRLS AND BOYS** 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 course of 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 there is 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. ## **Opinion on other matters prescribed by the Companies Act 2006** In our opinion, based on the work undertaken in the course of the audit: - the information given in the trustees’ report, which includes the directors’ report and the strategic report prepared for the purposes of company law, for the financial year for which the financial statements are prepared is consistent with the financial statements; and - the strategic report and the directors’ report included within the trustees’ report has been prepared in accordance with applicable legal requirements. . ## **Matters on which we are required to report by exception** In the light of the knowledge and understanding of the Charitable Company and its environment obtained in the course of the audit, we have not identified material misstatements in the strategic report or the directors’ report included within the trustees’ report. We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion: - adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or - the financial statements are not in agreement with the accounting records and returns; or - certain disclosures of trustees' remuneration specified by law are not made; or - we have not received all the information and explanations we require for our audit. ## **Responsibilities of Trustees** As explained more fully in the Trustees' Responsibilities Statement set out on page 12, the Trustees (who are also the directors of the charitable company for the purposes of company law) 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 Charitable Company’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 company or to cease operations, or have no realistic alternative but to do so. Page 14 of 43 ROYAL MASONIC TRUST FOR GIRLS AND BOYS REPORT OF THE INDEPENDENT AUDITOR TO THE MEMBER OF THE ROYAL MASONIC TRUST FOR GIRLS AND BOYS Auditor's responslbiliti•s for th• audlt of thè financial statsments Ourobjectives are lo obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and lo issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance. bul is not a guarantoè that an audit ¢onducled in accordance with ISAS (UK) will always delect a material misstalemenl when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in Ihe aggregate they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial slalemènls. Irregularities, including fraud, are instan￿S of non-compliance with laws and regulations. We design pr¢xedures in line with our responsibilities, outlined above. to detect material misslatem6nls in respect of irregularities, including fraud. The 8xlent to which our procedures are Capable of detectlng irregulari118S, in¢luding fraud is detailed below.. The Charitable Cornpany is required to comply with both company law and charity law and, based on our knowledge of ils aclivilies, we identified that the legal requirement to accurately account for any restricted funds was of key significance. We gained an understanding ofhow the Charltable Company complied with ils legal and regulatory fram6work, including the réquirement lo properfy account for any reslricled funds. through discussions with management and a review of the documented policies, procedures and controls. The audit team, which is experienced in the audil of charities, considered the charitable company's susceptibility to material misstalemenl and how fraud may occur. Our considerations included the risk of management override. Our approach was to check that all restricted income was properly identified and separately accounted for and lo ensure that only valid and appropriate exi)endilur8 was charged lo reslricled funds. This included reviewing journal adjuslmenls and unusual transactions. A further description of our responsibilities for the audit of the flnancial stalem8nls is located on the Financial Reporting Council's website at.. www.frc.or of our auditor's report. auditorsres onsibilities. Thls description fomis part Use of the audit rnport This report is made solely to the Charilable Company's m8mber in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertak8n so that we might state lo the charitable company's member those matters we are requir8d lo slate to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility lo anyone other than the Charitable Company and the Charitab18 Compantys member for our audit work, for this report or for the opinions w8 hav8 formed. Stephen Anderson FCCA Senior Statutory Auditor for and on behalf of Knox Cropper LLP Statutory Auditor 65 Leadenhall Stre8t London EC3A 2AD I 202l Page 15of43 ## **ROYAL MASONIC TRUST FOR GIRLS AND BOYS** ## **STATEMENT OF FINANCIAL ACTIVITIES** ## **YEAR ENDED 31 MARCH 2022** (Including an Income and Expenditure Account) |Note
**INCOME**
Donations and legacies
2
Investment income
3
**Total income**
**EXPENDITURE**
Cost of generating funds
6
Investment management costs
4
**Charitable activities**
Masonic grants
5
Non-Masonic grants
5
**Total expenditure**
Net gains/(losses) on investments
**Net income/(expenditure)**
**OTHER RECOGNISED GAINS/(LOSSES)**
Pension Liability Buy out
**NET MOVEMENT IN FUNDS**
Total funds brought forward
**Total funds carried forward**|2022
2021
£000
£000
585
1,066
2,563
3,306| |---|---| ||3,148
4,372| ||(142)
(123)
(903)
(948)| ||(1,045)
(1,071)| ||(6,422)
(6,807)
(3,069)
(3,812)| ||(9,491)
(10,619)| ||| ||(10,536)
(11,690)| ||11,184
23,970| ||3,796
16,652
18
72| ||3,814
16,724| ||154,672
137,948| ||158,486
154,672| All income and expenditure derive from continuing activities and all gains/losses are included in the statement of financial activities The notes on pages 19 to 32 form part of these financial statements Page 16 of 43 ROYAL MASONIC TRUST FOR GIRLS AND BOYS BALANCE SHEET a8 at 31 March 2022 Company Number 01705033 FIXED ASSETS Note March 2022 £'ooo March 2021 £'ooo Investment properties Investments 32,695 114,214 31,032 111,307 146,909 142,339 CURRENT ASSETS D8btors Investments Cash at bank and in hand 10 768 14,323 1,238 985 17,847 455 16,329 19,287 CURRENT LIABILITIES Creditors falling due within one year NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES (4,219) 12,110 (6,426) 12,861 159,019 155,200 Cr8ditors falling due after one year Total net assets (533) (528) 158 486 154,672 CHARITABLE FUNDS Unr•strlctod funds G8neral resenrfes Designated reservas Property revaluation reserve Total Gharltablg fund8 12 12 12 86,583 42,729 29,174 82,728 44,733 27,211 158,488 154672 The financial statements were approv8d and authorised for issue by the Trustee Board on 15th September 2022 and signed on their behalf by.. Sir Paul Williams, OBE, DL Michael Heenan Chaimian Treasurer The notes on pages 19 to 32 form part of these financial statements Pag817of43 ## **ROYAL MASONIC TRUST FOR GIRLS AND BOYS** ## **STATEMENT OF CASH FLOWS** ## **YEAR ENDED 31 MARCH 2022** |**Operating Activities**
**Net cash provided by/(used in) Operating**
**Activities**
A
**Cash flows from investing activities**
Dividends, interest and rents from investments
Proceeds from the sale of tangible fixed assets
Purchase of tangible fixed assets
Proceeds from the sale of investments
Purchase of investments
**Net cash provided by/(used in) Investing**
**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**
B
**Notes on the cash flow statement**
A
**Reconciliation of net income/(expenditure) to**
**net**
**cash flow from operating activities**
Net income/expenditure as per the Statement of
Financial Activities
Adjustments for:
Depreciation charges
Dividends, interest and rents from investments
Other movements in investments
Decrease in debtors
(Decrease)/increase in creditors
**Net cash provided by/(used in) Operating**
**Activities**
B
**Analysis of cash and cash equivalents**
Cash held by investment managers
Cash at bank and in hand
**Total cash and cash equivalents**|2022
2021
£'000
£'000
(13,397)
(9,672)| |---|---| ||2,563
3,306
0
0
0
0
18,400
16,526
(6,783)
(10,262)| ||14,180
9,570| ||783
(102)
455
557| ||1,238
455| ||3,796
16,652
0
0
(2,563)
(3,306)
(12,663)
(25,649)
217
381
(2,184)
2,250| ||(13,397)
(9,672)| ||0
0
1,238
455| ||1,238
455| Page 18 of 43 **ROYAL MASONIC TRUST FOR GIRLS AND BOYS** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 31 MARCH 2022** ## **1. ACCOUNTING POLICIES** ## (a) **Statement of compliance** The financial statements of the Royal Masonic Trust for Girls and Boys (the “Charity”) have been prepared in accordance with applicable UK accounting standards, including Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland” (“FRS 102”). Additionally, they comply with the Companies Act 2006, the Charities (Accounts and Reports) Regulations 2008 and the Statement of Recommended Practice “Accounting and Reporting by Charities” (FRS 102 second edition) published in 2019 (the “SORP”) in all material respects. The Charity meets the definition of a public benefit entity under FRS 102. ## (b) **Basis of preparation** The financial statements have been prepared on a going concern basis under the historical cost convention, as modified by the revaluation of investments and investment properties, on a basis consistent with previous years. The functional currency of the Charity is considered to be Pounds Sterling because that is the currency of the primary economic environment in which the Charity operates. ## (c) **Going concern** The trustees have assessed whether the use of the going concern assumption is appropriate in preparing these financial statements. The trustees have made this assessment in respect to a period of one year from the date of approval of these financial statements. The trustees of the Charity have concluded that there are no material uncertainties related to events or conditions that may cast significant doubt on the ability of the Charity to continue as a going concern. The trustees are of the opinion that the Charity will have sufficient resources to meet its liabilities as they fall due. Page 19 of 43 **ROYAL MASONIC TRUST FOR GIRLS AND BOYS** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 31 MARCH 2022** ## (d) **Incoming resources** Revenue is recognised when the significant risks and rewards of ownership have been transferred, the amount of revenue can be measured reliably, it is probable that future economic benefits will flow to the Charity and when the specific criteria relating to each of the Charity’s revenue channels have been met, as described below: - i. Monetary donations are brought into account when received. - ii. Legacies are recognised where there has been a grant of probate, the executors have identified that there are sufficient assets in the estate after settlement of liabilities to pay the legacy and any conditions attached to the legacy are either in control of the Charity or have been met. Legacies subject to the interest of a life tenant are not recognised during the lifetime of the life tenant. - iii. Dividends are reinvested in the CAIF on the date that they are declared. - iv. Rental income is recognised on an accruals basis, with rent free periods spread over the period of the lease to the next break clause. ## (e) **Resources expended** 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 settlement will be required and the amount of any obligation can be measured reliably. All resources expended are recognised on an accruals basis, with the exception of grants as noted below. Expenditure on generating funds includes costs of fundraising and maintenance of festival and donor records, together with the management of the investment [and property] portfolios. These costs include the allocation of support costs relating to these activities. Charitable activities are split between masonic activities and grants awarded to external institutions (designated as “non-Masonic” within the SOFA). Masonic activities include the payment of grants directly to beneficiaries together with related welfare and support costs. Non-Masonic activities consist of the payment of grants to external institutions. Support costs are allocated to these activities on the bases laid out in note 6. Grants are recognised as expenditure in the year in which the grant is formally approved by the Charity and has been communicated in writing to the recipient, except to the extent that it is subject to conditions that enable the Charity to revoke the award. The provision for multi-year grants is recognised at its present value when settlement is due over more than one year from the date of the award, there are no unfulfilled performance conditions under the control of the Charity that would permit it to avoid making future payments, settlement is probable and the effect of discounting is material. The discount rate used is the long-term return of inflation plus 4 percent used as the target for the Charity’s investment portfolio. Page 20 of 43 **ROYAL MASONIC TRUST FOR GIRLS AND BOYS** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 31 MARCH 2022** ## (f) **Employee benefits** All staff are employed by the parent charity, The Masonic Charitable Foundation, and recharged to the Charity based upon the relative number of grants processed. Information relating to those employees is given in the accounts of the Masonic Charitable Foundation. ## (g) **Fund accounting** Unrestricted funds may be utilised for any purpose in accordance with the charitable objectives of the Charity. The trustees have designated certain of these funds for specific purposes, as described in note 14, but are not legally bound to utilise unrestricted funds in this manner. ## (h) **Tangible fixed assets** Tangible fixed assets, excluding land and investment properties, held by the Charity are stated at cost less accumulated depreciation and any accumulated impairment losses. Land is stated at cost less any accumulated impairment losses. Cost includes the original purchase price and costs directly attributable to bringing the asset to its working condition for its intended use. Fixed assets are subject to review for impairment when there is an indication of a reduction in their carrying value. They are reviewed annually and any impairment is recognised in the year in which it occurs. Assets in the course of construction are stated at cost and not depreciated until available for use. The threshold for capitalisation is £10,000 Depreciation is calculated using the straight-line method to allocate the cost of each asset less its residual value over its estimated useful life, as follows: ||Asset|Years| |---|---|---| |i.|Leasehold improvements and furniture|10| |ii.|Motor vehicles, computers and equipment|4| ## (i) **Investment properties** Investment properties are measured at fair value by third party professional valuers on an annual basis using RICS Red Book valuation rules. Gains or losses are recognised within the Statement of Financial Activities. No depreciation is provided on investment properties. Page 21 of 43 **ROYAL MASONIC TRUST FOR GIRLS AND BOYS** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 31 MARCH 2022** ## (j) **Investments** Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are stated at market value. All realised and unrealised gains and losses are recognised within the Statement of Financial Activities. Investments which the Charity holds for resale or pending their sale and cash or cash equivalents with a maturity date of less than one year, which are held for investment purposes, are disclosed as current asset investments. ## (k) **Financial assets and liabilities** The Charity has chosen to adopt Sections 11 and 12 of FRS 102 in respect of financial instruments. Financial assets and liabilities are recognised when the Charity becomes a party to the contractual provisions of the instrument. Financial assets and liabilities which qualify as basic financial instruments are initially recognised at the settlement amount after any trade discounts. They are subsequently valued at amortised cost and assessed for impairment at the end of each reporting period. Where settlement is not expected within 12 months of the balance sheet date, then the asset or liability is discounted using the long term return of inflation plus 4 percent used as the target for the Charity’s investment portfolio **.** Basic financial instruments include debtors, cash and creditors within the balance sheet. ## (l) **Foreign currencies** Transactions denominated in foreign currencies are translated into Pounds Sterling at the exchange rates ruling at the date of transaction. Monetary assets and liabilities denominated in foreign currencies are translated into Pounds Sterling at the rate ruling at the balance sheet date. All foreign exchange gains and losses, realised and unrealised, are recognised in the Statement of Financial Activities. ## (m) **Taxation** The Charity is exempt from taxation on its income and gains falling within Part 11 of the Corporation Tax Act 2010 or section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that they are applied to its charitable activities. The Charity is unable to recover Valued Added Tax (VAT) incurred on expenditure except on property related costs where an option to tax has been taken. The amount of VAT that cannot be recovered is included within the underlying cost to which it relates. Page 22 of 43 ## **ROYAL MASONIC TRUST FOR GIRLS AND BOYS** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 31 MARCH 2022** |2.
**DONATIONS AND LEGACIES**
Festivals
Other donations
Legacies
3.
**INVESTMENT INCOME**
Interest on bank deposits
Income from investment portfolios
Rental income
Other Income
4.
**INVESTMENT MANAGEMENT COSTS**
Investment fund management
Property management
Support costs
5.
**CHARITABLE ACTIVITIES**
**Masonic**
Care and welfare support
Support Costs
**Non-Masonic**
Covid-19 Emergency Grants
Duke of Edinburgh Award
Early Interventions - Children & Families
Education and Employability
Health and Disability
Hospices
Other Charitable Purposes
Support Costs|2022
2021
£'000
£'000
241
522
47
30
297
514| |---|---| ||585
1,066| ||2022
2021
£'000
£'000
1
2
2,037
2,222
525
1,082
0
0| ||2,563
3,306| ||2022
2021
£'000
£'000
602
581
229
299
72
68| ||903
948| ||2022
2021
£'000
£'000
4,555
5,016
1,867
1,791| ||6,422
6,807| ||575
1,008
300
0
1,716
1,995
0
297
0
25
50
91
224
111
204
285| ||3,069
3,812| Page 23 of 43 **ROYAL MASONIC TRUST FOR GIRLS AND BOYS** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 31 MARCH 2022** ## 5. **CHARITABLE ACTIVITIES (Continued)** Masonic support of £4,555k consisted of 2,383 grants made to 1,844 individual beneficiaries, net of write backs from previous years. 386 grants were made to charitable institutions; these grants are detailed in annex A to these financial statements. |6.
**SUPPORT COSTS: 2022**
Relief Chest - Fundraising
Fundraising
Legacies
Masonic Support - Grants
Masonic Support - Advice & Support
Masonic Support - Provincial & Volunteers
Relief Chest - Charitable
Charity Grants
Strategic & Impact
Executive
Finance
Digital & Technology
Human Resources
Communications
Governance
Property management
Administration and Support
Facilities & Admin - Ruspini House
Other|Cost of
Investment Masonic
Non-
Masonic
Total
Basis
Generating
and Property
2022
for
Funds
Management
Allocation
£'000
£'000
£'000
£'000
£'000
43
0
0
0
43
(a)
46
0
0
0
46
(a)
16
0
0
0
16
(a)
0
0
324
0
324
(a)
0
0
322
0
322
(a)
0
0
97
0
97
(a)
0
0
55
4
59
(a)
0
0
0
120
120
(a)
0
0
14
1
15
(b)
24
0
177
14
215
(c)
13
76
184
14
287
(c)
0
0
148
12
160
(b)
0
0
68
5
73
(b)
0
0
231
18
249
(b)
0
0
44
3
47
(b)
0
0
83
7
90
(b)
0
0
104
8
112
(b)
0
0
28
0
28
(b)
0
(4)
(12)
(2)
(18)
142
72
1,867
204
2,285| |---|---| Auditor’s remuneration of £15k (2021: £16k) is included in support costs to charitable activities. Page 24 of 43 ## **ROYAL MASONIC TRUST FOR GIRLS AND BOYS** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 31 MARCH 2022** |6.
**SUPPORT COSTS: 2021**
Relief Chest - Fundraising
Fundraising
Legacies
Masonic Support - Grants
Masonic Support - Advice & Support
Masonic Support - Provincial & Volunteers
Relief Chest - Charitable
Charity Grants
Strategic & Impact
Executive
Finance
Digital & Technology
Human Resources
Communications
Governance
Property management
Administration and Support
Facilities & Admin - Ruspini House
Other
Basis for allocation
(a)|Cost of
Investment
Masonic
Non-
Masonic
Total
Basis
Generating
and Property
2021
for
Funds
Management
Allocation
£'000
£'000
£'000
£'000
£'000
49
0
0
0
49
(a)
13
0
0
0
13
(a)
23
0
0
0
23
(a)
0
0
391
0
391
(a)
0
0
264
0
264
(a)
0
0
113
0
113
(a)
0
0
74
14
88
(a)
0
0
0
102
102
(a)
0
0
37
7
44
(b)
15
0
106
20
141
(c)
8
51
105
19
183
(c)
0
0
132
25
157
(b)
0
0
43
8
51
(b)
0
0
204
38
242
(b)
0
0
0
0
0
(b)
0
0
78
14
92
(b)
0
0
100
19
119
(b)
0
0
20
2
22
(b)
15
17
124
17
173
123
68
1,791
285
2,267
Directly attributed| |---|---| (b) Number of grants processed (c) Headcount and number of grants processed Page 25 of 43 **ROYAL MASONIC TRUST FOR GIRLS AND BOYS** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 31 MARCH 2022** ## 7. **STAFF COSTS** The Charity employed no staff during the year (2020: None). Staff recharges from the MCF to the Charity are included within the management charge analysed in note 6 above. No trustees received remuneration from the Charity during the year (2020: £ Nil). No trustees’ expenses were incurred during the year (2020: £ Nil). |8.
**INVESTMENT PROPERTIES**
Balance at 1 April 2021
Additions
Change in market value
Balance at 31 March 2022|March 2022
March 2021
£'000
£'000
31,032
29,765
183
262
1,480
1,005| |---|---| ||32,695
31,032| Investment properties consist of freehold properties at 24 to 26 and 30 to 32 Great Queen Street, London WC2 and land at Rickmansworth Park Estate and Bushey Grange. The properties were valued by Gould and Co as at 31[st] March 2022 based on open market value, assuming that the properties would be sold subject to existing tenancies. Due to the long term nature of ownership the exact historical cost of the properties is unknown, however, for the purposes of calculating the revaluation reserve it has been estimated at £7,321,000. Page 26 of 43 ## **ROYAL MASONIC TRUST FOR GIRLS AND BOYS** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 31 MARCH 2022** |9.
**INVESTMENTS**
Fixed Asset Investments:
- Managed Funds
MCF CAIF
- Social investments
Current Asset Investments:
- Managed Funds
RLAM Cash Reserve funds
**MOVEMENTS IN INVESTMENTS**
a)**Listed**
Balance at 1 April 2021
Additions
Disposals
Investment income reinvested
Management fees charged to the fund
Investment gains
Changes in cash balances held
Balance at 31 March 2022
b)**Social**
Balance at 1 April 2021
New loans issued
Loans repaid
Revaluation
Balance at 31 March 2022
**Total**|March 2022
March 2021
£'000
£'000
110,414
107,807
3,800
3,500| |---|---| ||114,214
111,307| ||14,323
17,847| ||14,323
17,847| ||| ||128,537
129,154| ||125,654
107,286
6,600
10,000
(18,400)
(16,526)
2,037
2,204
(558)
(525)
9,404
23,215
0
0| ||124,737
125,654| ||3,500
3,750
0
0
0
0
300
(250)| ||3,800
3,500| ||| ||128,537
129,154| The social investment consists of Ruspini House which provides beneficiaries with residential accommodation in London. The property was valued by Gould and Co as at 31[st] March 2022 based upon existing use value. Page 27 of 43 ## **ROYAL MASONIC TRUST FOR GIRLS AND BOYS** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 31 MARCH 2022** |9.|**INVESTMENTS (Continued)**|March 2022|March 2021|March 2021| |---|---|---|---|---| |||£'000||£'000| ||**RECONCILIATION TO SOFA**|||| ||Gains on listed investments|9,404|23,215|| ||Change in market value of investment and social properties|1,780||755| |||11,184|23,970|| |10.|**DEBTORS**|March 2022|March|2021| |||£'000||£'000| ||Prepayments and accrued income|24||33| ||Other debtors|744||952| |||768||985| ||Other debtors includes a loan of £652k due from the Royal Masonic School for its share|||| ||of the buy-out of the pension liability. The loan is being paid off in monthly instalments|||| ||including interest which for the year to March 2022 totalled £145,347 (March 2021 £145,862).|||| ||The loan has been discounted to a net present value of £558k for inclusion in the accounts.|||| |11.|**CREDITORS**|March 2022|March|2021| |||£'000||£'000| ||**Falling due within one year**|||| ||Grants payable|2,618||3,506| ||Amounts owed to group undertakings|1,134||2,332| ||Accruals and deferred income|99||221| ||Taxation and social security|6||31| ||Other creditors|362||336| |||4,219||6,426| ||**Falling due after more than one year**|||| ||Grants payable|533||528| |||533||528| Page 28 of 43 ## **ROYAL MASONIC TRUST FOR GIRLS AND BOYS** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 31 MARCH 2022** |12.**MOVEMENT IN FUNDS**
**Unrestricted funds**
General reserves
Designated reserves
Property revaluation reserve
**Total funds**
**PRIOR YEAR**
**Unrestricted funds**
General reserves
Designated reserves
Property revaluation reserve
**Total funds**|Balance at Income Expenditure
Gains/ Transfers
Balance at
1 April
(losses)
31 March
2021
2022
£'000
£'000
£'000
£'000
£'000
£'000
82,728
3,137
(10,527)
9,422
1,823
86,583
44,733
11
(9)
0
(2,006)
42,729
27,211
0
0
1,780
183
29,174| |---|---| ||154,672
3,148
(10,536)
11,202
0
158,486| ||Balance at Income Expenditure
Gains/ Transfers
Balance at
1 April
(losses)
31 March
2020
2021
£'000
£'000
£'000
£'000
£'000
£'000
67,363
4,368
(11,685)
23,287
(605)
82,728
44,391
4
(5)
0
343
44,733
26,194
0
0
755
262
27,211| ||137,948
4,372
(11,690)
24,042
0
154,672| ## 13. **DESIGNATED FUNDS FOR SPECIFIC USES** ## **Existing Beneficiaries Fund** This fund represents the expected future support to be provided to existing beneficiaries to support their educational needs up to the age of 21. ## **De Grey & Ripon Lodge No. 905 Fund** The purpose of this fund is to provide six annual prizes, two to the Royal Masonic School for Girls and the other four divided between another girls’ school and three boys’ schools. ## **The Globe Lodge 275[th] Anniversary Fund** The purpose of this fund is to enhance the ability of the trustees to further the education of young people through overseas travel. ## **Canada Lodge Travel Fellowship** The purpose of this fund is to further the ability of the trustees to provide travel grants to Canada or any other foreign country. ## **Empire Lodge Centenary Travelling Fellowship** The purpose of this fund is to enhance the ability of the trustees to provide travel grants to further the education of young people through overseas travel. Page 29 of 43 **ROYAL MASONIC TRUST FOR GIRLS AND BOYS** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 31 MARCH 2022** ## 13. **DESIGNATED FUNDS FOR SPECIFIC USES (Continued)** ## **Croydon Lodge of Endeavour** The purpose of this fund is to enhance the ability of the trustees to provide travel grants to further the education of young people through overseas travel. ## **Colin Dyer** This fund is used for educational purposes to support children and young people at the discretion of the chief executive, with preference given to those with a Masonic connection. ## **The Prince of Wales’s Lodge Bicentenary Fund** The purpose of this fund is to enhance the ability of the trustees to provide travel grants to further the education of young people through overseas travel. |**Designated Funds**
Existing Beneficiaries Fund
De Grey & Ripon Lodge No. 905 Fund
The Globe Lodge 275th Anniversary Fund
Canada Lodge Travel Fellowship
Empire Lodge Centenary Travelling Fellowship
Croydon Lodge of Endeavour
Colin Dyer
Prince of Wale's Lodge Bicentenary Fund
Public School Lodges Council|Balance at
Income
Grants
Transfers
Balance at
1 April
31 March
2021
2022
£'000
£'000
£'000
£'000
£'000
44,669
0
0
(2,006)
42,663
1
0
0
0
1
9
0
0
0
9
9
0
(2)
0
7
27
0
0
0
27
6
3
(3)
0
6
0
2
(2)
0
0
12
0
0
0
12
0
6
(2)
0
4| |---|---| ||44,733
11
(9)
(2,006)
42,729| ## **Prior Year** |**Prior Year**
Existing Beneficiaries Fund
De Grey & Ripon Lodge No. 905 Fund
The Globe Lodge 275th Anniversary Fund
Canada Lodge Travel Fellowship
Empire Lodge Centenary Travelling Fellowship
Croydon Lodge of Endeavour
Colin Dyer
Prince of Wales Lodge Bicentenary Fund
Public School Lodges Council|Balance at
Income
Grants
Transfers
Balance at
1 April
31 March
2020
2021
£'000
£'000
£'000
£'000
£'000
44,326
0
0
343
44,669
1
0
0
0
1
9
0
0
0
9
9
0
0
0
9
27
0
0
0
27
6
0
0
0
6
1
4
(5)
0
0
12
0
0
0
12
0
0
0
0
0| |---|---| ||44,391
4
(5)
343
44,733| Page 30 of 43 ## **ROYAL MASONIC TRUST FOR GIRLS AND BOYS** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 31 MARCH 2022** |14.**ASSETS AND LIABILITIES**
**Unrestricted funds**
General reserves
Designated reserves
Property revaluation reserve
**Total funds**
**PRIOR YEAR**
**Unrestricted funds**
General reserves
Designated reserves
Property revaluation reserve
**Total funds**|Investment Investments
Current
Total
Fund
Properties
Assets Liabilities
Total
£'000
£'000
£'000
£'000
£'000
3,521
71,485
16,329
(4,752)
86,583
0
42,729
0
0
42,729
29,174
0
0
0
29,174| |---|---| ||32,695
114,214
16,329
(4,752)
158,486| ||Investment Investments
Current
Total
Fund
Properties
Assets Liabilities
Total
£'000
£'000
£'000
£'000
£'000
3,821
66,574
19,287
(6,954)
82,728
0
44,733
0
0
44,733
27,211
0
0
0
27,211| ||31,032
111,307
19,287
(6,954)
154,672| ## 15. **PENSION COMMITMENTS** The Charity operated a defined benefit pension scheme, the RMTGB Staff Pension Scheme (the “Scheme”). It entered into a “buy-in/buy-out” arrangement with Pension Insurance Corporation (“PIC”) whereby the latter has assumed the liabilities of the Scheme and undertaken to make all future payments due under the scheme. Due diligence on the transaction was completed by September 2017 at which time the final instalment was paid to PIC on the formal transfer of the Scheme. There were two participating employers: the Charity (the “Sponsoring employer” and the Royal Masonic School for Girls Limited (the “School”). The Charity has entered into an arrangement with the School where by the School will repay to the Charity, the School’s 24% of the Scheme’s wind up and closure costs. The period of the loan is for ten years. Interest is charged at the Bank of England’s base rate. The School is currently repaying off the loan in monthly instalments of £12k per month. Movements on the liabilities on the scheme in the year are detailed as follows: |Balance at 1 April 2021
Interest charged
Less payments made on account by RMS in 2021/22|2021
£’000
(796)
(1)
145|2021
£’000
(940)
(1)
145| |---|---|---| ||**(£652)**|**(£796)**| The amount recoverable from the school is included within other debtors (note 10). Page 31 of 43 **ROYAL MASONIC TRUST FOR GIRLS AND BOYS** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 31 MARCH 2022** ## 16. **RELATED PARTY TRANSACTIONS** The MCF has paid out grants on behalf of the Charity during the year, and has been reimbursed by the Charity. Additionally, the MCF has borne all the administrative costs of supporting the Charity as well as its fellow subsidiary charities. The Charity has been recharged a proportion of these costs based upon the relative number of grants processed. ## 17. **POST BALANCE SHEET EVENT** On 10[th] June 2022 the land at Bushey was transferred to a fellow subsidiary, MCF Trading Limited, for a consideration of £2,614,697. The transfer was made subject to an overage agreement whereby the Charity will receive 50% of the surplus value arising from any future development of the land. ## 18. **LEGAL STATUS** The Charity is a company limited by guarantee and has no share capital. The liability of the member in winding up is limited to £1. ## 19. **ULTIMATE CONTROLLING PARTY** The ultimate controlling party is the Masonic Charitable Foundation (Registered Charity No. 1164703, Company Number 09751836), which is the sole member of the company. Consolidated accounts for the MCF, which include the accounts of the Charity, can be obtained from the registered office of the Charity. Page 32 of 43 ## **ROYAL MASONIC TRUST FOR GIRLS AND BOYS** ## **ANNEX A – GRANTS MADE TO CHARITABLE INSTITUTIONS** - **Charity Grant Purpose COVID-19 Grand Secretary Fund** The Grand Secretary's Discretionary Fund 5,000 COVID-19 support for Districts - DGL Guyana - Orphanages, Senior Citizen's homes and public hospitals - The Grand Secretary's Discretionary Fund 3,000 COVID-19 support for Districts - DGL Cyprus - Magic Bowl - The Grand Secretary's Discretionary Fund 2,000 COVID-19 support for Districts -DGL Cyprus - Specialist Rehabilitation Centre - The Grand Secretary's Discretionary Fund 5,000 COVID-19 support for Districts -DGL Zambia - Foundation of Hope Association - The Grand Secretary's Discretionary Fund 1,250 COVID-19 support for Districts - DGL South Africa, Western Division - Outreach clinics supporting homelessness and poverty - The Grand Secretary's Discretionary Fund 1,250 COVID-19 support for Districts - DGL South Africa, Western Division - Woodside Special Care Centre **Total** ## **17,500** 6 ## **Duke of Edinburgh Tribute Fund** The Duke of Edinburgh's Award **Total** - 300,000 Grant to support children and young people with SEND to participate in the D of E Award programme - **300,000** 1 ## **Early Interventions - Children & Families** - 250 Core Funding (Matched Provincial donation) - 15,000 Core Funding 12,000 Core Funding 59,900 Helping Hand digital tool 67,680 My Story 2nd Fareham Sea Scout Group 250 Core Funding (Matched Provincial donation) Acorns (North Tyneside) 15,000 Core Funding AFASIC 12,000 Core Funding Against Violence and Abuse (AVA) 59,900 Helping Hand digital tool Anne Frank Trust UK 67,680 My Story BeyondAutism 48,996 Early Years: Engage, Communicate, and Play. BOSP Brighter Opportunities for Special People 14,874 Core Funding Brendan's Bridge 2,000 Core Funding (Matched Provincial donation) Brighton Oasis Project 45,806 Young Oasis - Therapy for children and young people affected by parental substance misuse Brook Young People 64,278 My Life Co. Durham Castletown Endowment Fund 250 Core Funding (Matched Provincial donation) Cerebral Palsy Cymru 59,400 Better Start, Better Future Changing Faces 56,981 Wellbeing support for children and young people with a visible difference Chichester Diocese Association for Family Support 30,000 Building Stronger Families Work Connects & Co. Support for Young Carers and 15,000 Core Funding Siblings Daisy's Dream 15,000 Core Funding Devon and Exeter Spastics Society 33,777 Hippotherapy at Vranch House School Page 33 of 43 ## **ROYAL MASONIC TRUST FOR GIRLS AND BOYS** Edward's Trust Exeter Community Initiatives Families In Focus Family Counselling Trust Family Space Fortalice Limited Happy Kids Home-Start Birmingham Central and South West Home-Start East Sussex Home-Start South East Dorset Home-Start South Leicestershire Home-Start South Warwickshire Home-Start West Berkshire Jacari Leeds Weekend Care Association Little Gate Farm Living Paintings Marjorie McClure School Marvels and Meltdowns Meningitis Now Mentor Link Meriden Adventure Playground Association Mosaic - Supporting Bereaved Children My Sisters Place Nene Valley Christian Family Refuge, trading as Eve New Hope Worcestershire Parenting Special Children Parents and Carers Support Organisation (PACSO) Quest for Learning Rushen Endowment Fund Sandwell Parents for Disabled Children Space Springboard Chippenham Stars Children's Bereavement Support Services Talbot House The Benjamin Foundation The Cyber Trust The Dash Charity The Hollow Lane Club The Honeypot Children's Charity The Moving on Project The Myriad Centre The Pod The Stable Family Home Trust The Woodland Centre Trust - 59,828 Play Therapy for Bereaved Children 49,665 True North 13,500 Core Funding 15,000 Core Funding 15,000 Core Funding 59,919 Facing the Future 12,900 Core Funding 15,000 Core Funding 15,000 Core Funding 14,400 Core Funding 15,000 Core Funding 8,085 Core Funding - 10,000 Core Funding 8,500 Core Funding - 15,000 Core Funding 61,323 The LEAPS Project (Living, Education and Application into Practical Skills) - 30,000 Improving the life chances of blind and partially sighted children - 3,500 Core Funding (Matched Provincial donation) 250 Support to disadvantaged children/young people - 45,000 Rebuilding Futures - 5,000 Core Funding - 15,000 Core Funding 13,500 Core Funding 58,228 Me Time - 59,933 Children and Young People's Service 500 Core Funding (Matched Provincial donation) - 15,000 Core Funding - 15,000 Core Funding - 15,000 Core Funding 250 Core Funding (Matched Provincial donation) - 15,000 Core Funding 15,000 Core Funding 15,000 Core Funding 15,000 Core Funding 15,000 Core Funding 15,194 BOOM! Young Carers - 2,000 Core Funding (Matched Provincial donation) - 60,000 Break the Cycle Children's Project - 15,000 Core Funding 40,800 Honeypot Respite Breaks at Pen y Bryn House, Wales - 10,500 Core Funding 500 Core Funding (Matched Provincial donation) - 5,340 Core Funding 500 Core Funding (Matched Provincial donation) - 15,000 Core Funding Page 34 of 43 ## **ROYAL MASONIC TRUST FOR GIRLS AND BOYS** TheHorseCourse 15,000 Core Funding Tiny Tim's Children's Centre 9,000 Core Funding Together for Short Lives 40,000 Helpline and Family Support Hub: Providing a lifeline for parents and carers of a seriously ill child Tourettes Syndrome (UK) Association 15,000 Core Funding Welwyn Hatfield Women's Refuge & Support 15,000 Core Funding Services (WHWR) Whoopsadaisy 15,000 Core Funding Wild Young Parents Project 63,770 Words and People - Early Years Lead Project Wildlife Aid Foundation 7,500 Core Funding (Matched Provincial donation) Winchester Street Reach 15,000 Core Funding Wyre Forest and South Worcestershire Nightstop 500 Core Funding (Matched Provincial donation) and Mediation Service Young Lives vs Cancer 74,577 Supporting Young Lives with Cancer in the East of - 15,000 Core Funding 9,000 Core Funding - 40,000 Helpline and Family Support Hub: Providing a lifeline for parents and carers of a seriously ill child - 74,577 Supporting Young Lives with Cancer in the East of England |**Total**|**1,715,654**|73| |---|---|---| |||| |**Hospice Care**|**50,000**|44| ## **Other Charitable Purposes** - 1,000 Core Funding (Matched Provincial donation) 1,000 Core Funding (Matched Provincial donation) 2,000 Core Funding (Matched Provincial donation) 1,111 Core Funding (Matched Provincial donation) 9th Heywood [St Michaels] Scout Group 1,000 Core Funding (Matched Provincial donation) Abingdon Food Bank 1,000 Core Funding (Matched Provincial donation) Alnwick District Foodbank 2,000 Core Funding (Matched Provincial donation) Ammanford Evangelical Church (t/a Ammanford 1,111 Core Funding (Matched Provincial donation) Foodbank) Ashbourne Elim Foodbank 250 Core Funding (Matched Provincial donation) Atherton & Leigh Food Bank 450 Core Funding (Matched Provincial donation) Audrey charity 250 Core Funding (Matched Provincial donation) Avery Hill Charitable Trust 500 Core Funding (Matched Provincial donation) Banc Bwyd Aberaeron Food Bank 556 Core Funding (Matched Provincial donation) Barnardo's 5,000 Core Funding (Matched Provincial donation) Barrow Food Bank Ltd 450 Core Funding (Matched Provincial donation) Barton Area Food Bank 500 Core Funding (Matched Provincial donation) Bath Citadel Salvation Army 2,000 Core Funding (Matched Provincial donation) Bicester Food Bank 1,000 Core Funding (Matched Provincial donation) Bishop's Stortford Foodbank 1,000 Core Funding (Matched Provincial donation) Black Country Food Bank Limited 2,500 Core Funding (Matched Provincial donation) Blackpool Food Bank 450 Core Funding (Matched Provincial donation) Braintree Area Foodbank Ltd 2,500 Core Funding (Matched Provincial donation) Brampton Area Action Group 518 Core Funding (Matched Provincial donation) Broxbourne Foodbank 1,000 Core Funding (Matched Provincial donation) Buckfastleigh Foodbank 2,000 Core Funding (Matched Provincial donation) Burton HOPE 250 Core Funding (Matched Provincial donation) Cannock and District Foodbank 2,500 Core Funding (Matched Provincial donation) Central Glamorgan Guides 300 Core Funding (Matched Provincial donation) Charlotte's Brightside CLC 1,000 Core Funding (Matched Provincial donation) Chesterfield Foodbank 250 Core Funding (Matched Provincial donation) Page 35 of 43 ## **ROYAL MASONIC TRUST FOR GIRLS AND BOYS** CHEXS Childrens Hospice South West - Little Harbour CHIPS - Children's Integrated Playschemes Churches in Ross Community Larder Circularity.org Clacton Foodbank Clay Cross Food bank Coalville Foodbank (Facilitated by New Life Church, Coalville) Cornwall Community Foundation Cornwall Partnership Foundation Trust Charitable Fund Deal Area Foodbank DENS Derby City Church Derby Food 4 Thought Alliance part of Community Action Derby ltd Discovery Sailing Project Durham Christian Partnership Ealing Food Bank Eastbourne Foodbank Eastnor Parochial Primary School PTA Eckington Development Company Eden Valley Hospice (Carlisle) Ltd Elim Foursquare Gospel Alliance (t/a Llanelli Foodbank) Exeter Foodbank FACT Community Fridge, March FACT Community Fridge, March Fairfield Farm Trust - The Hope Centre Faith In The Community Family Food Bank Ashford Feed The Homeless Feltham Food Bank FIND Families In Need FLAG (Supporting Youngsters With Special Needs) Limited Freedom Community Project Garston Adventure Playground Gatehouse East Anglia Glosspdale Foodbank Gloucestershire Deaf Association (GDA) Grace Food Bank Grantham Food Bank Gravesham Foodbank Great Ayton District Girl Guides Guernsey Welfare Service Harlesden Salvation Army Harrow Foodbank Centre - 500 Core Funding (Matched Provincial donation) - 1,000 Core Funding (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) 250 Core Funding (Matched Provincial donation) - 2,500 Core Funding (Matched Provincial donation) 250 Core Funding (Matched Provincial donation) - 1,000 Core Funding (Matched Provincial donation) - 1,000 Core Funding (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) - 500 Core Funding (Matched Provincial donation) - 1,000 Core Funding (Matched Provincial donation) 250 Core Funding (Matched Provincial donation) 250 Core Funding (Matched Provincial donation) - 1,000 Core Funding (Matched Provincial donation) - 10,000 Core Funding (Matched Provincial donation) 1,000 Core Funding (Matched Provincial donation) 5,000 Core Funding (Matched Provincial donation) 700 Core Funding (Matched Provincial donation) 250 Core Funding (Matched Provincial donation) 519 Core Funding (Matched Provincial donation) - 1,111 Core Funding (Matched Provincial donation) 2,000 Core Funding (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) 450 Core Funding (Matched Provincial donation) - 1,500 Core Funding (Matched Provincial donation) 2,000 Core Funding (Matched Provincial donation) 1,000 Core Funding (Matched Provincial donation) 1,000 Core Funding (Matched Provincial donation) 1,000 Core Funding (Matched Provincial donation) 250 Core Funding (Matched Provincial donation) 420 Core Funding (Matched Provincial donation) - 1,000 Core Funding (Matched Provincial donation) 250 Core Funding (Matched Provincial donation) - 1,800 Core Funding (Matched Provincial donation) 250 Core Funding (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) 725 Core Funding (Matched Provincial donation) - 2,000 Core Funding (Matched Provincial donation) 1,000 Core Funding (Matched Provincial donation) 1,000 Core Funding (Matched Provincial donation) Page 36 of 43 ## **ROYAL MASONIC TRUST FOR GIRLS AND BOYS** Harrow Salvation Army 1,000 Core Funding (Matched Provincial donation) Hereford Food Bank 500 Core Funding (Matched Provincial donation) Herts Young Mariners Base 500 Core Funding (Matched Provincial donation) Hillingdon Foodbank 1,000 Core Funding (Matched Provincial donation) Homeless Street Angels 2,050 Core Funding (Matched Provincial donation) Home-Start Cymru 500 Core Funding (Matched Provincial donation) Home-Start Hertfordshire 500 Core Funding (Matched Provincial donation) Home-Start Norfolk 500 Core Funding (Matched Provincial donation) Home-Start, Guernsey 2,000 Core Funding (Matched Provincial donation) Hope Centre 350 Core Funding (Matched Provincial donation) Hope for Belper 250 Core Funding (Matched Provincial donation) Hope Nottingham (Hope House Food Bank) 5,000 Core Funding (Matched Provincial donation) Hull Food Bank 200 Core Funding (Matched Provincial donation) Human Milk Foundation 1,000 Core Funding (Matched Provincial donation) Ipswich 17 Good Neighbour Scheme 1,000 Core Funding (Matched Provincial donation) Isle of Man Foodbank 500 Core Funding (Matched Provincial donation) Isle of Man Foodbank 1,000 Core Funding (Matched Provincial donation) Isle of Man Foodbank 250 Core Funding (Matched Provincial donation) Isle of Man Masonic Charity 500 TLC appeal donation (Matched Provincial donation) Isle of Man Masonic Charity 600 TLC appeal donation (Matched Provincial donation) Jersey Women's Refuge 3,000 Core Funding (Matched Provincial donation) Jolly Josh 3,498 Purchase of Magic Carpet Interactive Projection System. (Matched Provincial donation) Julia's House 1,250 Core Funding (Matched Provincial donation) Kaleidoscopic UK 1,600 Core Funding (Matched Provincial donation) Kellingley Community Hub 1,000 Core Funding (Matched Provincial donation) Kings Lynn Foodbank 500 Core Funding (Matched Provincial donation) Lampeter Evangelical Church (t/a Lampeter 556 Core Funding (Matched Provincial donation) Foodbank) Ledbury Food Bank 500 Core Funding (Matched Provincial donation) Leeds Baby Bank 2,404 Core Funding (Matched Provincial donation) Leek and District Foodbank 2,500 Core Funding (Matched Provincial donation) Leicester South Foodbank 1,000 Core Funding (Matched Provincial donation) Leominster Food Bank 500 Core Funding (Matched Provincial donation) Letchworth Foodbank 1,000 Core Funding (Matched Provincial donation) Leyland Food Bank 350 Core Funding (Matched Provincial donation) Lifelites 1,000 Core Funding (Matched Provincial donation) Lifelites 1,000 Core Funding (Matched Provincial donation) Linacre Methodist Mission 420 Core Funding (Matched Provincial donation) Little Troopers 500 Core Funding (Matched Provincial donation) Long Eaton and Sawley Foodbank 250 Core Funding (Matched Provincial donation) Ludgershall Pre-School 500 Core Funding (Matched Provincial donation) Maidenhead Foodshare 1,000 Core Funding (Matched Provincial donation) Manchester Central Foodbank 500 Core Funding (Matched Provincial donation) Maryport & Solway Unit 541 of the Sea Cadet Corps 833 Core Funding (Matched Provincial donation) me&dee 5,000 Core Funding (Matched Provincial donation) Medway Foodbank - Help in the Community 500 Core Funding (Matched Provincial donation) MICAH Liverpool 900 Core Funding (Matched Provincial donation) Page 37 of 43 ## **ROYAL MASONIC TRUST FOR GIRLS AND BOYS** Mid Cheshire Foodbank Mid Norfolk Foodbank Middlewich & District Foodbank Molly Olly's Wishes Morecambe Bay Food Bank Mottingham Foodbank run by St Edwards PCC Nantwich Foodbank Netherley Youth & Community Initiative Newmarket Open Door Nightstop Communities Northwest CIC No5 Young People Norfolk SEN Network North Enfield Food Bank North Norfolk Foodbank Northamptonshire Carers Northern Devon Foodbank Ordinary to Extraordinary Oshi's World Padley Group Parish of Aberystwyth Parochial Church Council (T/a Aberystwyth Foodbank) Park Families Sure Start Centre Pembrokeshire Foodbank Penhaligons Friends Pied Piper Appeal Playskill Plymouth Foodbank Portsmouth Downs Syndrome Association Potential Kids Reach Out to the Community Rochdale Food Bank Roseberry Academy Friends and Teachers Rosmini Centre Wisbech Runcorn & District Foodbank Ryde Sea Cadets S6 Foodbank Salcare Salford Food Bank Salford Food Bank SELFA Sensational Families Sexual Trauma and Recovery Service (STARS DORSET) Shrewsbury Food Hub Silklife Foodbank - 675 Core Funding (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) 675 Core Funding (Matched Provincial donation) - 2,000 Core Funding (Matched Provincial donation) 450 Core Funding (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) - 1,000 Core Funding (Matched Provincial donation) 420 Core Funding (Matched Provincial donation) 250 Core Funding (Matched Provincial donation) 420 Core Funding (Matched Provincial donation) - 2,355 Free counselling for vulnerable children and young people (Matched Provincial donation) - 2,500 Core Funding (Matched Provincial donation) 1,000 Core Funding (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) - 7,167 Young Carer Service Support (Matched Provincial donation) - 2,000 Core Funding (Matched Provincial donation) 1,000 Core Funding (Matched Provincial donation) 250 Core Funding (Matched Provincial donation) 250 Core Funding (Matched Provincial donation) - 1,111 Food bank (Matched Provincial donation) 400 Core Funding (Matched Provincial donation) - 3,333 Core Funding (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) - 2,000 Core Funding (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) - 2,000 Core Funding (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) 350 Food bank support (Matched Provincial donation) - 1,000 Core Funding (Matched Provincial donation) 300 Core Funding (Matched Provincial donation) 500 Christmas foodbank donation (Matched Provincial donation) - 1,000 Core Funding (Matched Provincial donation) 250 Core Funding (Matched Provincial donation) 250 Core Funding (Matched Provincial donation) 250 Food bank support (Matched Provincial donation) - 1,700 Food bank support (Matched Provincial donation) 450 Food bank support (Matched Provincial donation) - 1,900 Core Funding (Matched Provincial donation) 5,000 Core Funding (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) - 5,000 Food bank support (Matched Provincial donation) 500 Food bank support (Matched Provincial donation) Page 38 of 43 ## **ROYAL MASONIC TRUST FOR GIRLS AND BOYS** South Bristol Youth South Derbyshire Mental Health Association South Normanton and Area Foodbank South Tees Hospitals Charity and Associated Funds Southend Foodbank Southport Soup Kitchen SPACE Sporting Family Change Foundation Springboard Chippenham St Andrews Church Cherry Hinton Food Hub St Andrews Church Cherry Hinton Food Hub St Barnabas Church St Saviour's Community Project St Vincent's Support Centre Staines Salvation Army Stockport Foodbank Stoke on Trent Foodbank Stowmarket Foodbank Sufra NW London Support Dogs Limited Swinnow Community Centre Tavistock Foodbank The Basic Life Charity The Bay Foodbank The Bede Foodbank The Brick The Bridge to Cross Charitable Trust The Bumblebee Children's Charity The Centre Project The Duke of Edinburgh's Award The Duke of Edinburgh's Award The Honeypot Children's Charity The John McNeill Opportunity Centre The Lord Mayor of Bristol's Christmas Appeal for Children The Matthew Tree Project The Michael Roberts Charitable Trust The Oasis Centre - Cornwall The Oliver King Foundation The Oxford Food Hub The Parochial Church Council of the Ecclesiastical Parish of St Peters Bromyard (Bromyard Foodbank) The Salvation Army (Boscombe) The Salvation Army (Prescot) The Salvation Army (Preston) The Severn Community Charitable Trust 2,000 Core Funding (Matched Provincial donation) 250 Food bank support (Matched Provincial donation) 250 Food bank support (Matched Provincial donation) 1,000 Core Funding (Matched Provincial donation) 2,500 Food bank support (Matched Provincial donation) 350 Food bank support (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) 2,000 Food bank support (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) 1,000 Food bank support (Matched Provincial donation) 1,000 Food bank support (Matched Provincial donation) 1,000 Food bank support (Matched Provincial donation) 646 Food bank support (Matched Provincial donation) 1,000 Food bank support (Matched Provincial donation) 1,000 Food bank support (Matched Provincial donation) 500 Food bank support (Matched Provincial donation) 2,500 Food bank support (Matched Provincial donation) 1,000 Stowmarket Foodbank donation (Matched Provincial donation) 1,000 Food bank support (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) 1,000 Food bank support (Matched Provincial donation) 2,000 Food bank support (Matched Provincial donation) 1,000 Food bank support (Matched Provincial donation) 2,000 Food bank support (Matched Provincial donation) 2,000 Food bank support (Matched Provincial donation) 450 Food bank support (Matched Provincial donation) 1,000 Core Funding (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) 1,000 Core Funding (Matched Provincial donation) 2,000 Core Funding (Matched Provincial donation) 3,100 Core Funding (Matched Provincial donation) 7,500 Core Funding (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) 2,000 Core Funding (Matched Provincial donation) 6,000 Core Funding (Matched Provincial donation) 2,500 Core Funding (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) 710 Core Funding (Matched Provincial donation) 1,000 Food bank support (Matched Provincial donation) 500 Food bank support (Matched Provincial donation) 400 Christmas meal for those who are homeless and vulnerably housed (Matched Provincial donation) 350 Food bank support (Matched Provincial donation) 420 Food bank support (Matched Provincial donation) 1,500 Core Funding (Matched Provincial donation) Page 39 of 43 ## **ROYAL MASONIC TRUST FOR GIRLS AND BOYS** 500 Food bank support (Matched Provincial donation) 500 Christmas presents to disadvantaged children (Matched Provincial donation) The Storehouse Foodbank The Toy Appeal 500 Food bank support (Matched Provincial donation) 1,000 Food bank support (Matched Provincial donation) 250 Food bank support (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) 1,111 Food bank support (Matched Provincial donation) The Wisbech Food Hub 500 Food bank support (Matched Provincial donation) The Wokingham Food Bank 1,000 Food bank support (Matched Provincial donation) The Zink Project 250 Food bank support (Matched Provincial donation) Thrive (Cardiff) 500 Core Funding (Matched Provincial donation) Towy Community Church (t/a Carmarthen 1,111 Food bank support (Matched Provincial donation) Foodbank) Trafford South Foodbank 650 Food bank support (Matched Provincial donation) Tree of Hope Charity (Supporting Paws) 250 Core Funding (Matched Provincial donation) Tree of Life Centre 350 Food bank support (Matched Provincial donation) Tunbridge Wells Nourish Foodbank 500 Food bank support (Matched Provincial donation) Tupton Foodbank 250 Food bank support (Matched Provincial donation) Urban Outreach 350 Food bank support (Matched Provincial donation) Voluntary Norfolk 500 Food bank support (Matched Provincial donation) Wansbeck Valley Food Bank 2,000 Food bank support (Matched Provincial donation) Warrington Food Bank 450 Food bank support (Matched Provincial donation) Waste Not Want Not at the Urc 250 Food bank support (Matched Provincial donation) Waterways experience 500 Core Funding (Matched Provincial donation) Waveney Foodbank 1,000 Food bank support (Matched Provincial donation) Wesley Community Café 250 Food bank support (Matched Provincial donation) West Berks Food Bank 1,000 Food bank support (Matched Provincial donation) West Northumberland Foodbank 2,000 Food bank support (Matched Provincial donation) Whitley Community Development Association 1,000 Food bank support (Matched Provincial donation) Will Mackaness Trust 500 Core Funding (Matched Provincial donation) Windsor Foodshare 1,000 Food bank support (Matched Provincial donation) Wirral Foodbank 2,000 Food bank support (Matched Provincial donation) Witney Food bank 1,000 Food bank support (Matched Provincial donation) Wolverhampton Food Bank 2,500 Food bank support (Matched Provincial donation) Worcester Foodbank 1,000 Food bank support (Matched Provincial donation) Yad Veachisomoch lchaim 250 Food bank support (Matched Provincial donation) Yiewsley & West Drayton Foodbank 1,000 Food bank support (Matched Provincial donation) York Food Bank 200 Food bank support (Matched Provincial donation) Young Barnet Foundation 500 Donation to Space2Grow project (Matched Provincial donation) Young Barnet Foundation 1,000 Food bank support (Matched Provincial donation) **Total 272,064** 237 ## **Freemasons COVID-19 Community Fund** Andy's Man Club Ltd. 25,000 Recruitment and Expansion Balloons 25,000 Bridges to the Future Beyond the Horizon Charity 25,000 Therapy for Complex Loss Break 21,500 Positive Connections Bucks Mind 25,000 The Peer Support in Schools Service Cheshire Young Carers 15,000 Cheshire Young Carers - improving the mental health and wellbeing of young carers Page 40 of 43 ## **ROYAL MASONIC TRUST FOR GIRLS AND BOYS** CYCA - (Connecting Youth Children and Adults) 21,020 Well-being @the docks Dorset Mind 25,000 Dorset Mind Your Head Every Life Matters Jigsaw4u Mental Health Matters (MHM) - 25,000 Dorset Mind Your Head - 22,026 Suicide Safer Schools Programme - 25,000 Supporting bereaved children and young people and those facing death of a loved one. - 16,000 Adult and Youth Mental Health First Aid (MHFA) Training Delivery - 13,650 Moodswings Post Covid Student Wellbeing Project |Moodswings
Off The Record
Oxfordshire Mind
Papyrus (Prevention of Young Suicide)
Place2Be
Place2Be
Together Active
Warrington Youth Club
YoungMinds
YoungMinds
YoungMinds
YoungMinds
YoungMinds
Youth Action Wilshire/Community First|13,650 Moo
15,000 Pro
25,000 Yout
20,000 PAP
25,000 Plac
25,000 Men
Hert
23,870 The
16,947 Eme
25,000 You
pers
25,000 You
pers
25,000 Nev
thei
25,000 You
pers
25,000 You
pers
22,800 Yout
Proj
**557,813**25
**2,913,031**386
**0**
0
**2,913,031**
(48,349)
**2,864,682**| |---|---| |**Total**|**557,813**| ||| |**Total**|**2,913,031**| ||| |**Relief Chest**|**0**| |Adjustment to prior years|| |Overall Total
Discounting of long term grants (movement)
Per Accounts|**2,913,031**
(48,349)| ||**2,864,682**| - 15,000 Pro Real - Virtual World Therapy - 25,000 Youth In Mind - 20,000 PAPYRUS Community Hubs - 25,000 Place2Be's mental health support in London schools - 25,000 Mental Health Services for Parents of Children in Herts & Essex - 23,870 The Cornerstone Programme - 16,947 Emerging Futures - 25,000 You Matter - creating a world where no young person feels alone with their mental health - 25,000 You Matter - creating a world where no young person feels alone with their mental health - 25,000 Never Alone - Helping young people to look after their own mental health - 25,000 You Matter - creating a world where no young person feels alone with their mental health - 25,000 You Matter - creating a world where no young person feels alone with their mental health - 22,800 Youth Action Wiltshire's Mental Health Support Project Page 41 of 43 **ROYAL MASONIC TRUST FOR GIRLS AND BOYS** ## **ANNEX B – HOSPICE GRANTS MADE BY PROVINCE** |**Province**|**Hospice**|**Grant**| |---|---|---| ||Keech Hospice Care - Children's Hospice|| |Bedfordshire|Service|1,280| ||Alexander Devine Children's Hospice|| |Berkshire|Service|1,000| |Bristol|Jessie May|500| |Cambridgeshire|East Anglia's Children's Hospices - Milton|1,000| |Cheshire|Claire House Children's Hospice|1,565| ||Childrens Hospice South West - Little|| |Cornwall|Harbour|1,340| |Cumberland & Westmorland|Jigsaw Children's Hospice|280| ||Children's Hospice South West - Little|| |Devonshire|Bridge House|1,395| |Dorset|Julia's House|1,340| ||Butterwick House Hospice, Babies,|| |Durham|Children & Young|340| |East Kent|Demelza Hospice Care for Children - Kent|1,565| |Essex|Haven House Children's Hospice|1,340| ||Little Havens Children's Hospice|1,450| ||Naomi House (Wessex Children's Hospice|| |Hampshire & IOW|Trust)|1,620| |Hertfordshire|Noah's Ark Children's Hospice|1,545| ||The Pepper Foundation|500| |Lincolnshire|St Andrew's Children's Hospice|1,225| |London|Richard House Children's Hospice|1,280| |Middlesex|Shooting Star House|1,010| |North Wales|Ty Gobaith|840| |Oxfordshire|Helen and Douglas House|1,225| |Shropshire|Hope House Children's Hospice|950| ||Children's Hospice South West - Charlton|| |Somerset|Farm|1,395| |South Wales|Ty Hafan Children's Hospice|780| |Staffordshire|Acorns Children's Hospice Trust (Walsall)|1,565| ||Douglas Macmillan Hospice - Children's|| ||Services|1,450| ||East Anglia's Children's Hospices -|| |Suffolk|Ipswich|1,000| ||East Anglia's Children's Hospices - The|| ||Nook|1,000| |Surrey|Shooting Star Chase St Christopher's|1,010| |Sussex|Chestnut Tree House Children's Hospice|1,565| ||Demelza Hospice Care for Children -|| ||Sussex|500| ||Leo House at Home|500| Page 42 of 43 ## **ROYAL MASONIC TRUST FOR GIRLS AND BOYS** |Warwickshire
Acorns Children's Hospice Trust (Selly
Oak)
Zoe's Place Baby Hospice, Coventry
West Kent
Demelza Hospice Care for Children - SE
London
ellenor - Children's Care
West Lancashire
Derian House Children's Hospice
Francis House Children's Hospice
Zoë's Place Baby Hospice - Liverpool
Worcestershire
Acorns Children's Hospice (Worcester)
Yorkshire North & East Ridings
Zoe's Place
Yorkshire West Riding
Bluebell Wood Children's Hospice
Forget Me Not Children's Hospice
Martin House Children's Hospice|1,565
670
1,185
500
1,620
1,790
1,000
1,565
780
1,400
1,225
1,345| |---|---| ||**50,000**| Page 43 of 43