THE WISBECH MASONIC BENEVOLENT FUND
CHARITY COMMISSION REGISTERED NO. 1199199
FINANCIAL STATEMENTS AND ANNUAL REPORT
for the year ended
31 December 2024

THE WISBECH MASONIC BENEVOLENT FUND
Coi)tents Page
for the year ended 31 December 2024
INDEX
Legal and Administrative Infom)ation
Trustees, Annual Report
2to4
Indepgndent Examinerfs Report
ststement of Financial Activiti¢8
Balance Sheet
Notes to the Financial Statements
81013

THE WISBECH MASONIC BENEVOLENT FUND
CHARITY INFORMATION
Registsrod Add￿9
The Wisbech Masonie Centre
The Cr8SC8nt
Wisbech
PE13 1EH
orrespondence Addre88
P Waller
Conkers
Fen Road
Newton in the Isle
Wisbech
Camb8.
PE13 5HT
Trustees
M J Humphrey
P Waller
D K M Coupland
J R C Pallant
A J Faulkner
D Broker
G P Akjrich
S Button
Chair
Tr&asurèr
BKett
R Cawston
Appointed 27 June 2024
Appointed 27 June 2024
J E Breeze
J P T Jewson
Retired 27 June 2024
Reb"red 27 June 2024
Ex Officio Offle•r
A M Clifton
Secretary
Indepgndont Examlngr
KJ. Maggs B.A., F.C.A.
Chartered Accountant,
Spalding,
Lincs.,
PE113HE.
8anker8
National Westminster Bank PIC
Bede House
11 Westem Boulevard
Le>￿ster
LE2 7EJ
Investm•nt managers
CCLA Fund Managers Limited
One Angel Lane
Lonoon
EC4R 3AB
Page 1

THE WISBECH MASONIC BENEVOLENT FUND
TRUSTEES REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The Iruslees present their report wtth the financial statements of the charity for the year ended 31
De￿rnber 2024. The trustees have adopted the provisions of the Statement of Recommended Practice
ISORPI "Ac¢ounb"ng and RepDrts"ng by Charf(ies° in preparing the annual report and financial
statements of the charty.
StrUC￿ra. govgrnanc• and management
Governing document
The Wisbech Masonic Benevolent Fund was constituted by Trust Deed dated 14 November 1983,
which registered as a Charity on 24 October 1984 (Registered Charity Number 290352), before
convertin9 to a Charitsble Incorporated Organisalion ICIO) on 7 June 2022 {Regi51ered Charity Number
11991991.
ObJgctive$ and Activltle¥
The charitable objects of The Wfisbech Masonic Benevolent FL¢nd are to provide, both directly and
indirectty. relief of such poor and distressed Masons or their poor and distressed widows and children,
or to, or for the benefit of such Masonic charities or other charitable inslilut10ns, societies and objects
they shall decide.
.t corstinuo8 to bè to seek additiongl financè and support from local
Tliw poliGy of the Gharltable tru-
masons lo further ils charitable objects. They aim to maintain and improve the property owned and
used as Masonic meeting places, thereby enabling local freemasons to exercise the twin virtues of
benevvl¥i)ce and charsty through their donati¥nG to the Mgsonic CharitahlA Foundation. the
Cambridgeshire Masonic Benevolent Association, individual Lodge Almoners and local Charitable and
worthy causes.
Each year the trustees review the charty's obj'ects and activities to ensure that they continu¢ to reflect
ils aims. In carying out this review. the trustees have ￿nSidered the Charity Commission's guidance
on public benefit.
Trustees
The trustees narned on page 1 served durtng the year.
Appointsnent of trustees is governed by the Trust Deed of the charity. The Charity has a trustee board
of 10 elected members, plus one or more ex offi¢io officers.
Investment powers
The Trust Deed authori8es the trustees lo make and hold investmentg. bul no such investments are
presently held.
Publlc Ben•fit, achiovements durlng the yaar and future developments
The trustees have given due regard lo the guidance published by the Charity cgmmi68ion on pijblic
benefit, with the charity's objectives of the provision, both directly and indirectly, relief of such poor and
distressed Masons or their poor and distres5e(I widows and children or to, or for the benefit of such
Masonic charitiès or olhgr charitable institutions, societies and objects as they shall decide.
The truslees consider thal the performance of the charity this year has boen satisfactory and all objects
have been mel.
As approvad by the members, the trustees have continued to pursue the opportunity to safeguard the
future of Freemasoiiiy iii Wisbe¢h throu9h thc lon9.teTm leas• on the fomie.r Wi*bech Courthouse
Building. Good progress has been made in establishing an acceptable leas8 and understanding the
cost of adapting the building lo our needs.
Poge 2

THE WISBECH MASONIC BENEVOLENT FUND
TRUSTEES REPORT {continued)
FOR THE YEAR ENDED 31 DECEMBER 2024
Finan¢ial Rovlew
The ￿￿ttS for the charity for the flnancial year are detailed on pages 6 to 12.
In￿rne revenue is provided by..
lal Contributions from the Lodges who use the facilities.,
Ib} The Profrt from the Members Only bar,
Ic} Fundrai8ing by a Sub-committee.,
Id) Masonic donations,.
{01 Masonic grants, and
io
Interest earned on the Charity's cash deposits.
Overall, total reserves hav8 increa88d from £207,502 last year to £223,601 this year.
The Adminislralion Fund has a closing balance of £41,324. This represents an increase from the
previous year of £9,553 and ensures that the Fund remains sufficient to fu￿11 the ongoing objects of the
Charity in line wrth the Trustees Reserves Policy.
The Special Repairs Fund now stands at £152,565, having inereased in the yoar ty £8.244 due to
benefieial interest rates and specific member contributions.
Advancèd co8tE incurred during 2024, sn pur¥uit of the Courthou$¢ lease oiiangeTnent total £11,948.
These cover Legal F8&s £9,990, Structural Calculations £1,140, and a Change of Use applicab'on £818.
During 2n?4 e.harlt2bla donations of £3,520 wgre made to th¢ Arthur Rank Hospic¢ Charity £2,700,
and the Alan Hudson Trealrnent £820.
The Joint Lodge Social Committee IJLSCI fund raising actThiilies raisÈd f.2 n68 in 2024_
The Iruslees consider that the funds available are suflicient lo pemrt the Trust lo continue in the long
tem, given the continued support of the local Masonic lodges and brethren. The kvel of reserve in the
Administrotion Fund ond the opwal Repairs FuiiLI will wrrtlnue io be reviewed on a regular basis In
line with the Trustees ReseNes Policy.
R88erv
11 is the policy of the ch8rity lo maintsin the Administslion Fund at a level, which eqLFates to at least 12
months 'Operating Costs, and to increase the amount held in the Special Repairs and Development
Fund vn a regular basls to proviae sufficient funds for subslanlk41 items of repair and lo contribute to the
remodelling or repla￿ment of ils Grade 2 listgd propety within the next ten lo frfleen years.
Al 31 December 2024, the Administration Fund is showing a surplus £20,594, refleding the inclusion of
pre payments in respect of propety on the balance sheet of £11,948. Additionalty, fijnd raising by the
JLSC in 2024 of £2,068 18 yet to be dispensed to charities.
The other fvnds shoLsld be in surplus as they ar8 accruing to establish the level of work which can be
done, or which developments can be undertaken.
RFsk managemont
The trustees have a duty to identify and review the risks to which the Charity is exposed and to ensure
appropriate controls are in place to provide reasonable assurance against fraud and erTOr.
The trustees have conducted a revi8w of the major risks to which the charty is exposed and. where
appropriate, systems or procedures have been established to miligale those risks. Internal control risks
a￿ minimised by the implemenlalion of procedures for authorisation of all transactions and projects.
Procedures are in pla￿ to assure complFan¢o wrth Health and Safety regulations in respect of
members, visitors and all third parties.
Pag8 3

THE MSBEGH MA80NIC BENEVOLENT FUND
TRUSTEES REPORT Icontlnued)
FOR THE YEAR ENDED 31 DECEMBER 2024
Trustees Responslblllties
Th6 trustee5 are rèsponsible for preparing the trustees, annual report and the finan¢ial slalemenls in
accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally
Accepted Accounting Pradicel.
Charity law requires the trustees to prepare financial ststements for each financial year, which gNe a
true and fair view of the slate of affairs of the Charty and of the incoming resources and applicalion of
resources. including the income and expenditure of the charity for that period. In preparing these
financial statements, the trustees are required to..
sel￿t SL¢itable accounting policies and then apply them consistenuy.,
Observe the methods and princlples in the Ch8rilies SORP.,
Make iudg8m8nts and estimates that are reasonable and prudent.,
Slate whether applicable accounting standards and slalements of wommended practice have
been followed, subject to any departures disclosed and explained in the financial stslements;
Prepare the financial statements on the going con￿rn basis unless it is inappropriate to presume
that the charity will continue in operation.
The tnjstees are responsible for keeping proper accounting records that disdose with Teasonable
accuracy at any lime the financial posits'on of the charitable company and enable them to ensure that
the financial stataments comply with thÈ charib.es Act 2011. They are also responsible for safeguarding
the assets of the charity and hence for tsking reasonable Steps for the prevention 8nd detection of fraud
and other irregularities.
Going con¢•rn
The trustees believe that the Charty Is a going concem and do nol for&%e aiiy pos$ible hinderanco trj
this ststus currenlty.
Approval
This report has been prepared in accordance with the requirements of the Charities Act 2011 {'the Act'l
and has been approved by the trustees on 10 April 2025 and signed on their behalf.
J Humphrey
Chair
P Walter
Treasurgr
Page 4

INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE
THE WISBECH MASONIC BENEVOLENT FUND
I report lo the trustees on Jny examination of the accounls of the Charity for the year ended 31 December
2024, which are set out on pages 6 to 13.
Responsibilities and basls of rnport
As the charivs Iruslees you are responsible for the prepsratlon of th8 accounts in accordance with the
requirements of the Chanlies Act 2011 I'lhe Act'l.
I report in respect of my examination of the charitys accounts carr￿d oul under section 145 of the Act and in
Car￿ng out my examination I have followed all the applicable Directions given by the Charty Commission
under sects'on 145{5}Ibl of the Act.
Ind•pondent examinevs statement
I have completed my examination. I confirm that no material matters have come lo my attention in
connaclion with the examination giving me cause to beI￿ve that in any material respect..
accounting records were not kept in respect of the charity as required by section 130 of the Act", or
2. the accounts do not ¥wrd with those r9cords'. or
3. the accounts do not comply with the appluble requirements concerning the form and conlenl of
accounts set out in the Charities (Accounts ané Reports} Regulations 2008 other than any requirement
that the accounts gwe a 'true and fair view, which is not a rnatter considered as part of an independent
examination.
I hav$ no concerns and have come across no other matters in connection with the examination lo which
allenlion should be drawn in this report in order to enable a prokEr understandinq of the accounts to be
reached.
KJ. Maggs B.A.,
Chartor8d Accountant
2025.
Spalding

THE WISBECH MASONIC BENEVOLENT FUND
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
2023
CÉpltal
fund
Admln
fund
Special
Repairs
fund
Unr98trlGtsd Unrestricted
INCOME AND ENDOWMENTS FROM:
Donations and legacle8
General donations
3,520
850
4.370
5,526
Charitsble a¢tivitio8
Contributions
Social Adivrties
12.770
2.068
12,770
2.068
12,770
2,923
Trading actlvltigs
Bar sales
Hire of Hall
11,825
100
11,825
100
10,999
Investmènt income
Bank interest
7,394
7.394
5.524
TOTAL INCOME
30,283
8.244
EXPENDITURE ON:
Charitable actlvities
Donations
3,520
3,520
8.176
Trading a¢tivitie$
Bar purchases
Supptsrt costs
Premises and equipment
Administrative expenses
Governanco Costs
Independent examinat
Legal and professional fees
4,948
4,948
5,042
1,698
11,509
101
13,207
101
1 5,050
2,109
400
252
400
252
TOTAL EXPENDITURE
NET IEXPENDITUREI I INCOME
(1.698)
9.553
16,099
6,965
Fund balan¢es as at:
1 January 2024
31 December 2024
31,410
29,712
31,771
41,324
144,321
152,565
207,502
223,601
200,537
207,502
The notes on pages 8 to 13 form p8rt ofthese accounts
Paga 6

THE WISBECFI MASONIC BENEVOLENT FUND
BALANCE 8HEET
AT 31 DECEMBER 2024
2024
2023
FtXED ASSETS
10
29,712
29,712
31,410
31,410
CURRENT ASSETS
Bar st¢)ck
Debtors
Prepsymenls and accrued income
Prepayments in respect of propety
Cash at bank
Cash in hand
1,860
1.576
1,505
11,948
188,973
251
204,537
1,362
11
11
174,419
645
178,002
CREDITORS= Amounts falling due within
ong year
12
10,648
1,910
NEf CURRENT ASSETS
TOTAL ASSETS LESS LIABILITIES
193,889
L93,801
176,092
207,502
FUND8
Unrestricted..
Capital fund
Admin fund
sp￿￿.181 Répairs fund
13
29.712
41,324
152,5S5
31,410
31,771
144,321
223,601
223.601
207,502
207,502
The financial statements were appioved by the Truslges on 10 Aprll 2025 and signed on their behalf by..
J Hurnphrey
Chair
P Waltar
Treasurer
Th6 notes on pages 8 to 13 fom part of thes8 accounts
Page 7

THE WISBECH MASONIC BENEVOLENT FUND
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
1. Accounting Policles
The significant aecounling poI￿leS applied in the preparation of the8e financial statwments are 88t out
below. Thes8 policies have been consislentty applied to all years presented unless otherwise stated.
(al Basls of preparatlon of financial ststoment5
The charity constslutes a public benefit ents'ty as defined by FRS 102. The fin8ncial ststements have
baen prepared in accordan¢è with Accounting and Reporting by charities." Slalement of
Recommended Practt'ce applicable to char((ies preparing their accounts in accordance wrth the
Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019,
the FinanGial Reporting Standard applicable in the United Kingdom and Republ￿ of Ireland IFRS
102), the Charities Act 2011 and UK Generally Aecepled Accounting PracliGe.
The financial sktements are prepared on a going concem basis under the historical cost convention,
modrfied to include certain ilems at fair value. The financial statements are presented in sterling
which is the functional currency of the Charity.
(b) Funds
Unrestricted funds are availabte for use at the discretion of the Trustee$ In furtherance of the general
objeth'ves of the Charity and which have not been designated for other purposes.
Donations receivable are allocated on the basis of the donors, wishes. If a purpose is specified then il
is a restfiaed ftjnd for that puiy(i¥¥. If a SP¢GifiG purpox 13 determined by the Trustee¥ a Dosi9nated
fund will be used.
IG) liicomg reGognltlon
All incoming resources are induded in the Statement of Financial Activities ISOFA) when the Charity
is legglty f*ntitled to the income after any perfomants condits'ons have been met, the amount can be
measured reliably and it is probable that the income will be recewed.
Income from trading actiwtl8s includes income earned from fundraising events and trading activities
lo raise funds for the charity. Income is received in exchange for supplying goods and services In
order to raise funds and is recognised vthen entitlement has Occu￿ed.
Investment income is recognised in the accounts when the amount can be measured reliably and the
Charivs nght to receive pawmenl is e$tsblished.
No amount is inclLsded in the financial statements for voluntser time in line with the SORP (FRS 102).
(dl Expgndituro recognitlon
Expenditure is accounted for gross on an accruals basis and has t)een classrfied under headings that
aggregate all costs relaled lo the category.
Charitable ath'vities expenditure include all resources applied by the Charity in undertaking its
charitsble objects'ves as opposed to support costs.
Support costs are those that assist the work of the Charity but do nol directly represent charitable
activrfies and include office costs and govemance ¢osts.
Fund-raising costs are those incurred in seeking voluntary conlribulKJns and do not include the costs
of disseminating infom)ation in support of the charitable activities.
{el D8btorn and creditor3 r•celvablolpayablo wilhln ono y•ar
Debtors and credrtors with no stated interest fate and receivable or payable wlihin one year are
recordèd al tr8n5action price. Any Ioss8s arising from impairment are recognised in expenditure.
P8ge 8

THE WISBECH MASONIC BENEVOLENT FUND
NOTES TO THE ACCOUNTS (continued)
FOR THE YEAR ENDED 31 DECEMBER 2024
l. Accounting Policigs {continued}
(fj Tangiblg flxed assets
Tangible fixed assets are staled at cost or valuation less accumulated depreckgtion and accumulated
impairment losses.
Depreciation is provided on all tangible fixed assets, at rates calculated to write off the eost, less
estimated residual valuts. of each asset on a systematic basis over its expected useful life as follows.
Freehold property
50 years straight line
Fixtures, fittings and equipment
10 years straight line
Freehokl land 18 not depreciated.
(g) Stock
Stocks are staled al the lower of cost and nel realisable value. Provision ￿ made for damaged.
obsolete and slow-moving slook where appropriate.
{h) Golng Con¢em
The financial ststements have been prepared on a going con￿rn basis as the Trustees believe that
no material uncertainties exist. The Trustees have Considered the level of funds held and the
•xpect•d lgvel of in¢ome and expenditure for 12 monllii¥ fivin aulhonslng inese financial slalements.
wh￿h is suffieienl wrth the level of reserves of the Charity to be able to continue as a going concem.
l) Taxation
Value Added Tax is not recoverable by the charity, and as such is included in tha rg>lwant costs in thg
statement of Financial Acts'vities.
The charity is an exempt charty wrthin the meaning of schedule 3 of the Charities Act 2011 and is
considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore il
meets the definition of a charitable ccmpany for UK corporation tax purposes.
J} Liquid investments
Cash at bank ineludes short term investments which are highly liquid investmen15 and are effectivety
cash, i.e. they include cash on depo811 and ¢ash equivalents wrth a maturity of Joss than one year.
2. Truste98 Romunoratlon. Expenw and Control
There were no remuneration or expènses paid lo any of the Trustees during the year12023- £nill. The
Charity is controlled by the Trustees as a body. No individual Trustee has control over the Charty.
3. Related Party Tran8action8
There are no related party Iransacts'ons during the year12023- £nil).
Page 9

THE WISBECH MASONIC BENEVOLENT FUND
NOTES TO THE ACCOUNTS (continued)
FOR THE YEAR ENDED 31 DECEMBER 2024
4. Contrlbutlon$
2024
Unrestrided
2023
Unrestricted
Lodge No 809
Lodge No 6125
Lodge of Inslructs'on No 809
Lodge of Instruction No 6125
Chapter
Mark
Rose Croix
Royal Ar¢ Mariners
4,800
4,8DO
145
145
720
720
720
720
4,800
4,800
145
145
720
720
720
720
5. Bar account
2024
Unrestricted
2023
Unrestricled
Sales
11,825
10,999
Cg•t of sal¢s
Purchases
Opening stock
5,232
1,576
8,808
1,860
5,365
1,253
6,618
Closing stock
4,948
5,042
58.2%
54.2%
6. Invo$tm•nt InGome
2024
Unr￿tricted
2023
Unrestricted
COIF Account- Special repair$ and improvements fund
5524
7. Donatlons
2024
Unrestrf¢ted
2023
Unrestricted
Arthur Rank Hospice Charty
Alan Hudson Trealment Centre
isbech Food 8anks
Masonic Charitable Foundatio
3rd Wisbech Girl Guides
3rd Wisbech Scouts
Fenland Families and Baby Bank
Frig.nds of Victoria L¢xage
Peckover Primary School
Cambridgeshire Masonic Benevolent Association
Friends of Wisbaeh Park
Passageway George
2.700
820
1,500
500
2.000
1,676
soo
500
500
500
250
100
100
50
Page 10

THE WISBECH MASONIC BENEVOLENT FUND
NOTES TO TME AGGOUNTS (continued)
FOR THE YEAR ENDED 31 DECEMBER 2024
8. Prom188s and èquipment
2024
Unrestricted
2023
Unrestricted
Repairs and Maintenance
Insurance
Electric
Gas
Water
Rates
Cleaning
Fire Proleth'on
Alarm Maintenonco
Depreciation
545
4,978
1.909
318
316
298
2,843
110
192
1,698
2.832
3,654
1,984
377
351
278
2,577
153
267
2,577
9. Admlnlstrativè expon$gS
2024
Unrestricted
2023
Unresth'cted
Telephone
Licence Fees
Expens•G r•lating to Ihg Courthou6a1oas¢
Professional Fees
Sundry Expenses
125
79
11,948
111,9481
22
1,800
178
101
10. Flxod ass&
Hall and
Dining
Room
Land
Fumiturg
otc
Total
C08t
Brought forward al 1 January 2024. and carried
forward at 31 De¢embfjr 2024
1,380
29,188
22,872
53,440
Depraclatlon
Brought forward at 1 January 2024
Charge for th8 yaar
Carried forward at 31 December 2024
5,840
16,190
1.114
22,030
1,698
6,424
17,304
23,728
Net book valu0
Al 31 December 2024
1,380
22,764
5,568
29,712
At 31 December 2023
1.380
6,682
31,410
Pa9e11

THE WISBECH MASONIC BENEVOLENT FUND
NOTES TO THE ACCOUNTS (continued)
FOR THE YEAR ENDED 31 DECEMBER 2024
11. Cash at bank and Cosh in hand
2024
Unrnstricted
2023
Unrestricted
COIF Account
National Westminster Bank Account
Social Committee Account
151,716
32,224
5,033
144,321
27,527
2,S71
174419
Cash at bank
188 973
SOCBI Commrttae
Bar float
395
250
2SO
Cash in hand
645
12. CREDITORS: Amounts falllng duo wlthln on9 year
2024
Unrestricted
2023
Unrestricted
Trade Credrtors
A¢¢ru818
Independent examiners fee
Deferred income
258
9.990
400
365
1.000
400
145
13. Funds
The Administration Fund (Admin Fund) is at an unreslricled fund used to ensure that femaining funds in
the charty are able to cover at least ￿e1ve months 'Opefaling Costs,.
The Special Repairs and Development Fund (Special Ropair8 Fund) Telates lo unrestricted funds
retained lor substantial items of repair and to provide funds to contribute lo the remodelling of its Grade 2
listed property within the next ten to fifteen yeaTS.
The Capital fund relates to unrestricted funds used to acquire the flxeé assets of the charty. It will retain
any funds received ft)r that specific purpose.
Page 12

THE WISBECH MASONIC BENEVOLENT FUND
NOTES TQ THE AGGOUNTS {continuedl
FOR THE YEAR ENDED 31 DECEMBER 2024
13. Fund8 (contiTrued>
Capital
fund
Special
Repairs fund
Admin fund
Total
2024
Fixed assets
Current assets
Cash at bank and Cash in hand
Creditors.. Amounts falling due within
one year
29,712
29,712
15.313
189,224
15.313
36,859
152,565
{10,6481
110,6481
152565
2023
223 601
Fixed assets
Current assets
Cash at bank and Cash in hand
Creditors". Amounts fal&ng due within
one year
31,410
31,410
2,938
175,064
2,938
30.743
144,321
11,910)
{1,910)
144321
207 $02
14. Comparattve figuros - year ended 31 Decembor 2023
UnrestrÉctod fund8
Speclal
REpalrs fund
Capltsl
fund
Adn]in fund
Totsi
INCOME AND ENDOWMENTS FROM:
Donations and legacies
General donations
Charltablp aGti¥ltle
Contributions
Social Acb'vities
4.926
600
5,526
12.770
2,923
12,770
2,923
Trading activities
Bar sales
fO,999
10.999
Investment income
Interest
5,524
5,524
37,742
TOTAL INCOME
EXPENDITURE ON:
Charltable actlvltle8
Donations
8.176
8,176
Trading activities
Bar purchases
Support ¢06ts
Premises and equipment
Administrntlve expenses
Gov•mance cost$
Independent examinab.on
TOTAL EXPENDITURE
5,042
5,042
2,577
12,473
2.109
15,050
2.109
400
4th)
NET (EXPENDITURE) I INCOME
{2,5771
3A18
6,124
50
6,965
Transl¥i¥ FJ¢(ween funds
NET MOVEMEMf IN FUNDS
Page 13