REGISTERED CHARITY NUMBER: 202930 REPORT OF THE TRUSTEES AND AUDITED FINANCIAL STATf4 MENTS foR TIIE YEI AR EI NDEI D 31 DECCMBER 2024 FOR THE PROVINCE OF HAMPSHIRE & ISLE OF WIGHT MASONIC CHARITABLE TRUST Maxwell & Co 9 Abbey Busitsess Park Moiiks Walk Fanthtt Sutrey GU9 8HT
THE PROVIP4CE OF HAMPSHIRE & ISLE OF WIGHT MASONIC CHARITABLE TRUST CONTENTS OF THE FllNANCL STATELVIENTS FOR TIIL YEAR 31 DECEMBER 2024 Page Report of the Trustees Report of the Jndcpendent Auditorg StteieI of Flnanclal Actlvldes BAlan¢e Sheet Notes to tlie F5n8n¢5al &*t9tement5 8 to l3 Detalled Statement of Flnanclol Actlvlttes 14
THE PROVINCE OF HAMPSHIRE & ISLE OF WIGHT MASONIC CHARITABLE TRUST REPORT OFTHE TRUSTEES FOR THE YEAR EINDED 31 DECEMBER 2024 Thc tNsices present their report with t]ie fiiiancial siatei))eiiis of the charity foi. tlie year ended 31 Deeember 2024. Tlie tsustees have 2dopted the provisions of Accouiiling and Reporting by Charities.. SialeiiieLIt of Reeonuneiided Practice applicable to charities prepaTlll8 tlieir accounts iii accordancc witli tlie Financial Reportiiig Standard opplicable in tlie UK and Republic of IIEland (FRS 102) {¢ffeciiYe l Jajjuary 20191. STRUCTbliE. GOVERNANCE AIW MANAGEMENT Governrng document The charity is CC>iitrolled by its goveming docuMlt, a deed of tn]st 8iid coi)stimtcs aIi wiincootCd charity. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charlty number 20293(Tr Prin¢ip41 gddre5S 85 Wiiichester Road Chandlws Ford Easileigh Hampshire S053 2GG Trustees J Bell M J Hibberd S M BaitsJLiit l A Carn¢8ie A M Wcldy C J Aspinell M D Cliild8 Audltors MiLxw¢II & Co 9 Abbey Llusiness Psik Monks Woik Faiujham Surrey OU9 SHT STATEMENT OF TRUSTEES, RESPOIYSIBILII'IF.S Tlie irn$tees are respoiisible for preparii)g the Report of Ili¢ Truslce$ aiid the fJi)ancial sratenieiiis in a¢cord8n¢e with Applicable law and United Kingdom Awovnting Standards (United Kingdom Generally Awepled Accountin8 Practice). The law applicable to charities in Englllnd and WHlcs, the Charities Act 2011, Charity (Accoiints and Reports) Regulalions 2008 and ihe provisxons of tlie trust deed requires til¢ ¢wstees to prepare financial siaiements for each fi]IcIal year whicli give a true and f8ir view of the stale of affairs of tlie ¢liarity 2nd of tlie incomiLJg rcsources A2)d applicaiion of r¢sources, ii)cluding Il)e income and expenditu. of thc cl)arity for thai period. In preparing those fjnancial statei#eiits, the trustees are tequired to select.%uitablc accounting policies aiid tl)eii apply ihem consistently,. obscrvc thc mcihods and principles in the Charity SORP,. make judgeineiits. and esiiiE)aie$ thai arc reasoiiable and PTudent,' prepar¢ the fjnancial stateJRieiits oil the going concern basis uiiless it is snappropriate io presume that the charity will continue in busin¢ss. Page I
THE PROVINCE OF HAMPSH & ISLE OF WIGHT MASONIC CHARITABLE TRUST REPORT OF THE TRUSTEES FOR THE YEAR EIYDLD 31 DECbMBER 2024 STATEMENT OF TRUSTEES, RESPONSIBILITIES- eontlnued The trus'tees are respvllsiblp IUF keL'ping proper aceoLiniing records which disclose with reasonable aeeurney at any lime the fii)ancial p0511ioii of the cliarity and 10 enable them 10 ensure That the finan¢ial siateixenis comply ii'itl) the Charities Act 2011. th¢ Cbariry IAc¢ounts ai)d Reports) RelIationS 20U8 ai)d tlie provisioiis of the tTU5t deed. They are also re5poJsible for safeguarding the assets of the ch&rity and li¢n¢e for taking r¢asoI)able steps for tlic preveiition and dct¢ction of fraud and otl)¢r iTr¢gulaTitic$. Approved by order of thc board of knslees oji.......... . and sigtled on its behalf by.. J Bell- Tnis Page 2
REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF THE PROVINCE OF HAMPSHIRE & ISLE OF WIGHT MASONIC CHARITABLE TRUST Opinion We Iiave audiied ibe finaiiei21 slateinailb of The Provinte tsf Hainp$liite & lslt of Wight Masojiic c}ritable Trnsi {Ilie 'cliarity') for thc y¢ar end¢d 31 D¢ccmb¢T 2024 whi¢h comprise the Statement of Financial Activities. the Balance Sheet and noies to tlie financial siatemenis. in¢ludiog a summary OF signifJ¢ant accounting policies. The financial reportin¥ framework that ha5 bee21 applied iii theiL' Preparation is applicable law United Kiligdom Aecounting Standards {Unii¢d Kiiigdoin Geiierolly Accepted Ac¢oui)ling Pra¢iÉ¢¢l. In ouropinion the finaneiAI s18tements'. give a iNe ai)d fair view of tlie slate of tlie charity's affairs as at 31 Deceinber 2024 and of its ii)colnii resouK¢6 and application of iesoiiicL%, for the yer then ended,. have been propeily piepared in a¢¢ordance iviih United Kingdom Generally Accepred AOUt1t1I)g P¥a¢tice', and have been prepared in occordaiice with the IEquir¢mcnts of tlie Charitics Act 2011. Bas1$ for oplnlon W¢ ¢oiidu¢t¢d our audit il) IlC¢QTdii 11¢¢ willi Inl¢mational Staiidards oil Auditing (UK) ITSAS (UKI) and applicable low. Our respoiisibiliiies UE)dei' those sland&Yds are fvrther described in the Audiiors, respoiisibililies for the audit of the financilll ststcinents sectton of our report. We llrE indepeiidcnl oftlie cliarity in accordaiiLe with Ihe etliical TryiiITements' thai ate ielevaiit tu oui. audit uf the financial slaiements in the UK, includiiig ihe FRC'S Ethical SiatJdard, ld w¢ IMv¢ fiiifJll¢d our othcr ¢rhi¢al r¢spon5ibiliit¢s in aecordsjnce witli these requirements. We believe iliat tl)e audit evidence we have obiaihed is sufficiei)t ortd appropriare to provide a basis for our opinion. Concluslon5 re14tin% to going ¢on¢ern In aiiditing the financial stateinenrs, we havc concliided thgt ihe ttwsiees, use of ihe going ¢onc¢m basis of awoiinting in the pi'cparatioii of tlie fjiiaiicial stateiiienls is appropriate. BL%ed on the work we libve perfontted, we have t)ot ideiiiified any maierial uncertaiElties relating ro eveni$ or condition5 that, ihdividually or ¢ollcLlivcly, IMay cast significgni doubt ihe Chariry's ability to Coiitinu¢ ts ll goiLI8 concern for a period of #L lea81 Iw¢lve months froln wheii the finanLiJl sldlemeThls afL auiliorised for issiie. Our irsponsibililies and the responsibililies of tli¢ trust¢es with respect tQ 80in8 concern are described in the relevant S11017$ gftliis rep¢rt. Other Informllilon Thc Ini8tce5 arc rc5po#sible for the other infonnation. The oilier infonnation comprises the inforn#tion included in Ihe Annual Report, other than tlie fiiiai1¢ial statein¢nts and our Report of tlie lrtdependeiii Auditors Ihereon. Our opiiiion on the financial statements does nol cow¢r ilie oih¢T iiifomiation and, except to tlie extent othenwi5¢ ¢xpli¢itly slated in oyr report, w¢ dojiot ¢XPTes$ any fomi of assurance coiiclu5ion Iher¢on. In coni)eclion wilh our audit of the fiIiaiJcial 51atcJiicJit5, our responsibility is io read Ihe other iiilorniatioi) Ind, in doTn8 so, considcr wheihcr the Dilier infonnation is maierially inconsisLent with the fjnancial siai¢menis or our knowledge obtoiiied ii) Ibe audit or oili¢rwise 4Lppears to be materially lliisstated. If we identify $llcli nialerial ii)consiiltiicics or apparent materi#l mi$si£temertts. we are 4t11Yed to detemiine whether thi.s givcs ris¢ to a rnatcrial misstatement in the fiiiai)cial Slatenients thaSelVeS. If, based on th¢ work we hayc pcrfornied, we coiiclude thui Ihere is a Inaterial misstaleinent of this oth¢r infomiation. we ar¢ required to report that fact. W¢ have noihiiig to report in thi5 L'egard. M#tters on whl¢b ive are requlr¢d to report by exception We have nothing to report in respect of llie following Inaiier5 where the Ch4Lrities (Accounts Attd Reports) Regulations 2008 require5 U5 to report to you if, in our opinioii., the infonnalion given in Ilie Report of tl)e T]ustees is inGoiisist¢r*l in any Jnaterial wpect with the fLnai)cial $lalemen15,' or 5UtYicient accounting records have not be¢n kept- or the fjiiajitial $tatemuits are not in a<Treeii)eiit witl) tlie accouiiling records and retun15- or we have not received all the inforn)ation and explanalions we rcquire forour audit. Page 3
REPORT OF THE INDEPENDENf AUDITORS TO TAE TRUSTEES OF THE PROVINCE OF HAMPSHIRE & ISLE OF WIGHT K4SONIC CHARITABLE TRUST Responsibllitie$ of trust¢¢s As explained inorc fully ill the Statetnthi of Tnes, Responsibilities. the uustees are responsible for the prwaration of the financial slaietnenis wliicli givc a Inje aJ)d fair view, and for such intemal conlrol as tlie trustees det¢miiJi¢ 15 necessary to enable the pi¢para¢ioii of fill1¢1a1 statements dial are free from mal¢rial nusstatemellt. whether due to fraud or eOr. In preparing the fjftanctal Statements, tl?e tN$tee5 arc responsible for assessing the charity's ability to c¢)ntinue S a going coii¢em, disclosing, as applicable. niaiiers relaied TO going coiicem aiid using die going coiicern basis of accounting unless the tnistees citheL' iiltend to liqidate the charity or to cease opeThtions, or hAve no realisiic alr¢mativ¢ but to do Our responslbllltle¥ for the Rudlt of the llnancl*l st#tements We hav¢ b¢en appointed as ouditors und¢i' s110 144 of the Chariti¢5 Act 2011 and report in accordance with the Act and relevaiit regulatioiis ii)ade or Iiavin8 effect tliereunder. Our objectives are to obtain Teasonable as8urallee abtsul whether the flnancial sral¢m¢nis as a wliolc arc free from material nii&4iat¢ni¢nt, wh¢thcr du¢ lo fraud or ¢rror, aiml lo issue a Reporl of rhe ThidepEiident Auditurs ihai includes our opin2oll. Reasonable assurnnce 15 a high level Lif assu1'an, bul is n4)t a larantee that an aiidit condiicled in accordance wilh ISAS (UK) will always delect a iiialcrial niissl8r¢m¢iit ivli¢n it exists. Mi$statenienis ca]1 arise from fraud or error and arc ¢onsidered material if, individually or in tlie awcgate. they colild reasonably bt expecled to influcnLe the ecolloiiC decisions of users rakei) on Ihe basis of these financial staiements. Tlie ¢xt¢nt lo which our procedu1 are capable Orde¢111)8 irregularities, includin¥ fraud is detailed below.. As part tsf deSiling our audil, we determined muieri&lity and ass¢ssed lh¢ risks of malcrial missilllenieni in the financiol slaiements, iiicludiiig how fraud Jiiay oc¢ur by enquiriiig of the mAt)abJeineJii of ils own con5ideratioii of fraud. We lll$o considered potential financial or othcr prcssiir¢s, opportiinily aD(I motivations for fraiid. As part of this disLussion wc idcniified the iiit¢mal wntro15 esiublislied 10 mitigato ri%ks relaied 10 fruud or non conipliaiicc witl) laws nd r¢giilatiuns aD(I hvw management monitor tl)¢sc proLLs¥¢s. Appruprittie pretedures included the review and testing ofniai)ual jounmls and k¢y ¢stiniatLs und judgcincjils niudc by rLiaiiagcniciit. Our tcsls incliidcd u¥rccing the financial slal¢in¢nl$ disclosurcs 10 underlying siipporting documelltation and ¢nqiLiries witli 1nwiage1¢nl. W¢ did iiot ideiilify ajiy key audit matt¢rs relating to i¢sU1a11tI¢S, including fraud. As ill all of our kudils. we also addrc5scd tl)c risk of manageii)cnl ov¢rride of internal conirols in¢ludin¥ testing journals whethej. there wos cvidcnce of bias by di¢ ITU5t¢es Iliai represented a risk of niaterial Inissiaiemen( due to fraud. Our audit procediires were desTgned to respond to risks of matcrial Inisstateineiit in the fiii)i)cial st#teinents, reco)Is1ng that the risk of not dctccting a rnaicrilll inissiaien)¢iit due tu fyaud is hi8her ihaii the i'isk of not detecting oiie r¢s111iing froiii crror. a8 fruud may involv¢ d¢lib¢rllte c0neetslm1t by, for example, forgery, IiiisrepTesentations or througli eollusioii. Tliere are itthereiit lunitatiot)s in th¢ audit procedure perfomied and the fttrther rejnoved ntsn-conipliance with law5 and regulations is from the events artd trAnsa¢ttons reflecled in the financial slatcinenis, th¢ less lik¢ly we tsre to becom¢ oware tsf it. A fvrtlicr dcscription of our respon5ibiliiies for tlie ttudit of Ilie financial stai¢meAitS LS located on the Fiiiai)cial Rep(Iriin¥ Council's website at www.frc.or8.uklauditor5responsibilities. This descriptioi) forn15 pail of our Report of the Ind¢pendenÉ Auditors. Page4
REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF THE PROVINCE OF HAMPSHIRE & ISLE OF WIGHT MASONIC CHARITABLE TRUST Use of our report This report is nde solely to th¢ charity's tstets, as a body, in accordance with Part 4 of the Charities {Aceounts and Report5) Regulation5 2008. Our audit WOTk lias been undertaken so tlJul we might stale lo tli¢ ¢harity'5 trvstc¢s Ilios¢ matters we are required lo st&t¢ to thcin in an auditors, report and foi. iio other PUTP05e. To tjie fullest extent peiTriited by law, we do not Jcc¢pl or i15Sunie respDnsibilily io anyone uther ilian tl)e Lh&rJty and the chanly's injslccs as a body, for our audit WOTL for this T¢po¢ or for th¢ opllii(Trn5 we have fornied. Maxwell & Co 9 Abbcy Bu5ine$$ Park Monks Walk Farnham Surrey GU9 8HT Datc.. Pag¢ S
THE PROVINCE OF HAMPSHIRE & ISLE OF IVJGHT MASONIC CHARITABLE TRUST STATEMENT OF FINANCIAL AcrivrrIES FOR THE YEAR ENDED 31 DECEMBER 2024 2024 I'otal funds 2023 Total fuiids Unrestricted fuiid Endowment fund Notes JNCOMI E AND ENDOWMENTS FROM Donaliolls and legacies 13,558 Investmont iTJcome 142.857 J42,857 112,472 TotaI 141857 142,857 126,030 EXPENDITURE ON Raisiii¥ ftinds 60,111 60,111 31,797 ChAritable Actlvit1¢5 IndEviduals 70,035 70,035 40,868 Oth¢r (248,2681 (248,268) (33,346) Total (118,1221 {118,L22) 39,319 NET INCOME TrAnsfers betwe¢n fundi 100.979 1289.1031 260,979 86,711 289,103 Net movement In funds (28,1241 289,103 260,979 86,711 RECONCILIATION OF FUh'DS Toial fui)ds bmughi fonvard 341,216 3,847,518 4,188,734 4,102,023 TOTAL FUNDS CAIiRIED FORWARD 313,092 4,136,621 4.449,713 4.188,734 The notes foTYll part of these f5nancial statements Page 6
THE PROvcE OF HAIlPSI{1RE & ISLE OF IvtGHT MASONIC CHARITABLE TRUST BALANCE SHEET 31 DECEMBER 2024 2024 lotal funds 2023 Total fiuids Unrestricted fund Endowment fillid Notes FIXED ASSETS Tan¥ible dssets Invcsmi¢nts 18.236 4,118,385 18,236 4,225,778 18,236 3,997,689 107.393 107,393 4,136.621 4.244,OJ4 4,015,925 CURRENT ASSETS Cash Al bank 212.599 212.599 183,833 CRF.DITORS Amounts falling due wiihu) oli¢ ycar {6,9001 (6,900) 111,024} NET CURREWK ASSETS 205.699 20S,699 172.809 TOTAL ASSETS LESS CURRENT LIABILII-IES 313.092 4,136,621 4,449,713 4,188,734 NET ASSETS 313.092 4,136,621 4.449.713 4,188,7J4 FUNDS Uiircstricted ful$ Endowment funds 313.092 4,136,621 341,216 3,847,518 TOTAL FUIYDS 4,449,713 4,188,734 The financ Itètejnents were approved by the B08rd of TnJ$iees di authorised for issue aiid were signed oil ils behalf by.. on TNst The note5 fom] part Df thes¢ financial slateinents Page 7
THE PROVINCE OF HAIVIPSHIRE & ISLE OF IVIGHT MASONIC CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 ACCOUNTING POLICIES Basis of prEParill¥ the financial stateTnent% The financial $tatein¢nts of dic chariry, wliich 15 a public b¢n¢fit entity wider FRS 102, have beell prepared in accordance with tl)e Charitics SORP {FRS 102) 'Accoiinting and Reporting by Chdnties.. Stat&nent of Reeonimeiided Pracijce applicable lo charities preparing tlieir accouijts in accordance willi the Financi&l ReportTng Standard appltcable in the UK and Republic of Ireland (FRS 102) (effective l Janiiary 20191.. Finaneial Reportitjg Standard 102 'Tlie Financial Reporliii8 Staiid8rd applicable ii) the UK aiid Ilepublic of Ireland, aiid the Charitics Acl 2011. The fiiianeial slatemeiils have been PT¢pared under th¢ historic&1 cost conveiiiion, wilh th¢ exccplion of iiive5tments which air in¢lud¢d at mark¢¢ value. as rnodified by the revajuation ofcenaiii assets. Incom¢ All income is recognised in il)¢ Siat¢in¢nt of Financial Activities once il)e charity uitiileinellt to Ihe fi]nds, it IS PLDbable that the iiiconie will be received and the arL)ount can be measured reliably. Expenditure LiAbilities are recognised as eKpendirli as soon fjs tliere is a legal or ¢on$lNcliv¢ obligation ¢¢)mmilling tlie cliarity lo tliot eXpendIre, it is probabl¢ thai a th?nsfer of¢conoinic benefits will be required iii seitl¢ment and the amoiiiil of ihc obligation ¢an b¢ m¢&siired reliably. Fxpenditure ss ae¢oiinted for on an ac¢nials basi8 and has been cl&8sified uiider headings Il)at aggregatc all cosi rclaied to Ihc citegory. Wljerc costs cai)not be dircctly Rtiributed lo particular headit)gs they Ive bcen iillocated to activiÉies un a basis consistent with th¢ use of rewurces. Gralits offered subjeLi to eondiliolis which l)ave not been Inel al tlie y¢ai' eiid dat¢ are noled &$ & commitmelll but not accNed as expendittye. T4nglbl¢ flx¢d llots D¢pcla110n is provided al Ilie followin8 onnual rates in order 10 write off eocli asset ovEr ils esiimiied useful Taxatlon Th¢ eliaTity is exempt fron) lax on its cliariiable activities. Fund Accounting Unr¢5tri¢tcd funds Gan be ilsod in aceordonce wilh the churilable objective$ &t the discretitsn of thE trustees. R¢stricted funds can otily bc u5cd for particular iestrictcd purp05¢s within th¢ objects of the eharity. Restrictions arise when spccificd by the dL¥nor or wlien funds ar¢ rais¢d lor particular restricied purposes. Furtlier explllllalioii of tl)e n8tULf and purpose of eacli fund 15 iii¢luded in the note8 its the finaii¢ial state111$. Page 8 continued...
THE PROVINCE OF HAMI PSHIRE & ISLE OF WIGHT MASONIC CHARTTABI.E TRUST NOTES TO THE FINANCIAL STATEMENTS- conttnued FOR THE YEAR ENDED 31 DECEIlBER 2024 IIYVESTMENT INCOME 2024 2023 Renis received lii¢onic from li8ted ilivestnl1ts Deposit aCCOUllt iiitercst 13.202 128.2$1 .404 12,731) 115.203 142,857 112,472 TRUSTEES, REMUNERATION AND BENEFITS ieiE W# J1(> 1I'UsLeLS' ILJKJuiierdliuiJ oi. oilitti. betiefit5. foj. Ilie year elided 31 DeL¢itibeJ' 2024 iioj, foi, (lie yeai, )ded 31 December 2023. Trusttes, expenses There were iio Iru5tees' expense¥ paid for the year ended 31 December 2024 nor for Ihe year ended 31 Dccembcr 2023. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unresiricied fund Endowmfflit fund Total funds INCOME AND ENDOWMENTS FROM Donatlollg and legacies 13,558 13.558 Invcstmeni income 112,472 112,472 Total 126,030 126,030 EXPENDITURE ON R41¥In funds 31,797 31,797 Charitable a¢tlwltle8 Ii)dividuals 40,868 40.868 Other 133,3461 133,3461 TotAI 72,665 (33,346) 39,319 NET JNCOME Trslnsfers b¢hTr'¢¢n funds 53,365 {64.756) 33,346 64,756 86.711 Net movement In funds 98,102 86,711 RECONCILIATION OF FUNDS Total tsiids broughi forward 352,607 3,749,416 4,102,023 TOTAL FUIYDS CARRIED FORWARD 341,216 3,847.518 4,188,734 Page 9 continued...
THE PROVll¥CE OF HAMPSHIRE & ISLE OF GHT MASONIC CIIARI'I'AIJLE TRUST NOTES TO THE FINANCIAL STATEMETrfft- conllnuèd FOR THE YEAR ENDED 31 DECEMBER 2024 TANGIBLE FIXED ASSETS Sliort leasehold COST At l January 2024 and 31 December 2024 31,681 DEPRECIATION At l January 2024 and 31 Decthnlxr 2024 13.445 NET BOOK VALUE At 31 DeLeinber 2024 18,236 At 31 December 2023 18,236 FIXED ASSET INVESTMENTS Liskd invesimei)18 Unlisted iiivestsiienls Tolalj MARKET VALUE At l Janiiary 2024 Additi0l1$ Disposals Revaluaiions 3,829.282 3,004,316 (2,847,728) 132,515 168N07 3,997,689 3,Q04J16 {61,014) {2,glbll.7421 132,515 At 31 December 2024 4,1111,385 107,393 4,225,778 NETBOOKVALUE At 31 December 2024 4,118,385 107,393 4,223,778 At 31 D¢cember 2023 3,829,282 168,407 3,997,689 There were no invesunent assets outside ihe UK. Cost or valuation at 31 Deceniber 2024 15 IBPTes¢nted by.. Listed Investments Unlistcd Invcstmcnt5 TotAI$ Valuaiion in 2022 Valuation in 2Q23 Valuation in 2024 3,724,039 105,243 289,103 2S3,OS2 (84,645) (61.014) 3.977.091 20598 228,089 4,118,385 107,393 4225.778 Page 10 corttinued...
THE PROVINCE OF HAlPsHIRE & ISLE OF WIGHT MASONIC CHARITABLE TRUST NOTES TO THE FIIN'ANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2024 CREDITORS.. AMOUNTS FALLING DUE WITHINI ONE YEAR 2024 2023 Oiher ciEditOTS 6.900 11,024 MOVE1ENT IN FUNDS N¢l moven)eiit in thnds Transf¢rs benvee funds At 31.12.24 Ai 1.1.24 Unre%tricied funds General lId 341,216 260,979 {289.103) 313,092 Endoiwment funils Eiidowm¢nt funds 3,847,518 289,103 4,13fy621 TO'I'AL TrUJYDS 4.188.734 260.979 4,449,713 Net movement in fi]nd$, irteluded iti tl)¢ above are as follows.. Iiiconling rwoiirces Resources ¢xp¢nd¢d Movement in fiinds Unr¢$tTl¢ted fund$ General fijnd 142,857 111122 260,979 TOTAL FUPIDS 142,8S7 118,122 260,979 Comp&rAtlv¢$ for movement In funds Net TTaDsfers bemeen funds movemcnl ij) funds At 31.12.23 At 1.1.23 Unr¢5trlcted fund$ Gciiei?I fL]nd 352,607 53,365 (64.756) 341216 Endowment fund# EndDwmeiit fuiids 3.749,416 33,346 64,756 3,847.518 TOTAL FUNDS 4,102,023 86,711 4.188,734 Pag¢ll ¢ot)tinued...
THE PROVtNCE OF It4MPSHKRE & ISLE OF WICHT MASONIC CHARITABLE TRUST NOTES TO THE FINANCIAL STATEMEiYfs- continued FOR THE YEAR ENDED 31 DECEIMBER 2024 MOVEMENT Ir4 FUNDS- continued Comparative net movement in funds, included in tb¢ above are as follows-. icoinii)g resources Resources expEtJd¢d Movenient in funds Unrestricted fund5 General fvnd 126.030 {72,6651 53,365 EDdowment fund5 Endownient funds 33,346 33,346 TOTAL FUNDS 126.030 139.3191 86,711 A Current year 12 mnntli% and i)rior year 12 months ¢ombin¢d position is 88 follows.. Net mov¢ment in ftinds Transfers between funils Ai 31.12.24 At 1.1.23 Unrestrlcted fund5 GenergLI fuiid 352,607 314.344 (353,8591 313,092 Ettdoivmént funds Endowment funds 3,749,416 33.346 353,859 4,136,621 TOTAL FUNDS 4.102.023 347,690 4,449,713 A eurrcjit year 12 ll)onths and prior Ye 12 months coinbined nel m0venilt in fun(ts, ai)cluded irt tlie above are as follows.. In¢omin8 resources Resources expended Movement itt fiuids VAStrICted funds General fund 268,887 45,457 314,344 Endts)vment funds Endowm¢ni fuDd5 33,346 33,346 TOTAL FUNDS 268,887 78,803 347,690 Page 12 contEnued..
TIIE PROVINcfi ori HAMPSHtRE & I.SLE OF wtC.HT MASONIC CHARITABLE TRUST NOTES TO THE FINAF4CIAL STATEMENfs- continued FOR THE YEAR ENDED 31 DECEMBER 2024 RELATED PARTY DISCLOSURES Th¢re w¢r¢ no i¢laied pany daCtiOnS for the year ended 31 December 2024. Page 13
THE PROVINCE OF HAIKPSHIRE & ISLE OF NVIGHT MASONIC CHARrrABLE TRUST DETAILED STATEMENT OF FINANCIAL AcrtVlTfES VOR I'llb YEAII bri'DLD 31 DLCLMBLR 2024 2024 2023 INCOME AND ENDOWMENTS Donatlons and legacles Lodges 13,558 Investment Ineomo Rents received Incotn¢ from listed iovesimenis D¢po8it ac¢owit inierest 13302 12¥,251 1,404 {2,731) 115,203 142,857 112.472 Tot81 incoming regouree5 142,857 126,030 EXPENDITURE R4I$lng donotlons and legacles Sundrics Travelllllg M1¢ IRgcmeiit charyes payable Insuranc¢ Auditors rejllWratI0II Legal ftes Repairs Doiialions Ground Rent 60 86 3,ODD 380 5.860 3,900 38U 7JQll 853 1,96 22.000 5,224 41.826 9,386 Oth¢r tr¥dlng 2¢tlvltle5 Investrnenl mana8cment 18,285 22,411 Ch4rlt4blc 8¢tlvliiLs Grants io hndividuLI$ 70,035 40,868 Othcr Revaluaiion of inveshnaits Loss on sal¢ of investments Profit on sale of investments 26,792 {117,777) 84,431 1275,060) (248,268) {33,346) Toiol sourceS expended (114122) 39.319 Net incolne 260,979 86.711 This pag¢do¢s not fomi part of the statutory flliancial statemaits Page 14