2020-12-31-accounts - Masonic Benevolent Fund Of South Wales

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lex | CHARITY COMMISSION | | FOR ENGLAND AND WALES

Trustees’ Annual Report for the period

From 1% January 2020 Period start date To 31% December 2020 Period end date Charity name: MASONIC BENEVOLENT FUND OF SOUTH WALES

Charity registration number:

208514

Objectives and Activities

Objectives and Activities	Objectives and Activities	Objectives and Activities
Ts 0 reference Summary ofthe purposes of	Para 1.17 To provide foreducation and the charity as set out in its advancement in life ofchildren of
governing document		distressed ordeceased freemasons; to
		benefitwidows ofthe same, and to
		provide to old, infirm and distressed
		freemasons ofthe Masonic Province of
		South Wales.
Summary ofthe main activities in relation to those	oan 1.17and	In addition, asum notexceedingone half of the investment income shown in the
purposes for the public		previous year’s account to be dispersed
benefit, in particular, the		at the discretion ofthe Executive
activities, projects or services		Committee to non-Masonic Registered
identified in the accounts.		Charities,either based within, or
		operating within the province of Soth
		Wales.
Statement confirming	Para 1.18	Confirmed —as above.
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit

Additional information (optional)

Additional information (optional)	Additional information (optional)
You may choose to include further statements where relevant about: Tso reterencePO Para 1.38 — a
	Para 1.38
Policy on social investment
including program related
investment
	Para 1.38
Contribution made by
volunteers

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Achievements and Performance

Sn	2	TheCharityhasmetallqualifying
		requests for its assistance from properly
		identified Masonic beneficiaries
Summary ofthe main achievements ofthe charity,	Pera t20	throughoutthe Province ofSouth Wales. In addition, a number of non-Masonic
identifying the difference the		worthwhile registered charities within
charity's work has made to		South Wales have been donated to after
the circumstances of its		proper enquiry.
beneficiaries and any wider
benefits to society as a
whole.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against	Para 1.41
objectives set
Performance offundraising activities against objectives	Par 1.41
set
Investment performance	Para 1.41
against objectives
Sana	en

;

Financial Review

Review ofthe charity’s	Para 1.21	Ofthe total distributable reserves atthe
financial position at the end		31%* December 2020 of£2,877,965, the
ofthe period		reserves policywould require £2,615,079
		to be set aside. Substantial Masonic
		fundraising projects are ongoing in the
		next four years and it is the Trustees
		policy to retain the surplus to contribute
		to these projects such sums as they may
		agree are within the objects ofthe
		Charity.
Statement explaining the	Para 1.22	The Trustees are mindful of possible
policy for holding reserves		market fluctuations in the value ofquoted
stating why they are held		investments and it is their policy to
		reserve 25% of the market value as a
		contingency reserve. This would amount
		to £691,237 in December 2020.
Amount of reserves held	Para 1.22	The Trustees also consider that income
		could fluctuate and it is their policy to
		reserve an amount equal to one year’s
		possible grants of£100,000.
Fl reservesFl deficit
Explanation of any	Para 1.23
uncertainties about the
charity continuing as a going
concern

Additional information (optional) You may choose to include further statements where relevant about:

		The source ofthe capital ofthe fund was
		asum of£850,000 raised by the Brethren
The charity's principal		ofthe Province in 1992 to enable itto
sources offunds (including	ical	meetthedemands on funds as set out in
any fundraising)		its Bye-Laws. It is policy thatthe sum as
		adjusted for inflation, should represent
		the core funds ofthe Charity and should
		be used to produce income towards the
		distributions required by beneficiaries.
		After allowance for inflation this would
		amount to £1,823,842 in December 2020.
Investment policy and
objectives including any	Para\t.46
social investment policy
adopted
		The only risk factor that the Trustees
A description ofthe principal	Para 1.46
risks facing the charity		against by a prudent reserves policy and
		the adoption of a low risk approach to
		investments.

oe

Structure, Governance and Management	Structure, Governance and Management	Structure, Governance and Management
Descriptionofcharity's trusts:	me
Type ofgoverning document		Constitution.
How is the charity	Para 1.25	Trust.
constituted?
Trustee selection methods	Para 1.25	Annual Court ofGovernors.
including details ofany
constitutional provisions e.g.
election to post orname of
any person or body entitled
to appoint one or more
trustees

Additional information (optional) You may choose to include further statements where relevant about:

|Policies and procedures
adopted forthe induction and | Par 1.51|Policies and procedures
adopted forthe induction and | Par 1.51|| |---|---|---| |training oftrustees||| |||Day to day management is exercised by| |||the Chairman, Treasurer and Secretary| |The charity's organisational||subject to the directions ofthe Executive| |structure and any wider|Para 1.51|Trustees.| |network with which the||| |charity works||| |||The Charity is closely allied to the| |||Masonic Province of South Wales whose| |Relationship with any related | Para 1.51||members are principal beneficiaries of| |parties||the Charity.| |See|a|| |Reference and Administrative details||| |Charity name|MASONIC BENEVOLENT FUND OF SOUTHWALES|| |Othernamethecharityuses|||| |Registered charity
number|208514|| |Charity’s principal address|5, GUILDFORD STREET, CARDIFF, CF10 2HL|| |rr
ee|||

\ \

Names of the charity trustees who manage the charity

1|Gareth Jones | President | 2| William Jenkins | Vice-President | 4|Granvi3|AndrewLGretton l eThomas | Chairman | 5|MartynARidge | Secretary | | | Treasurer || 6|GarethJJones|Tustee || 7|Patrick Pattison | Trustee | 8| John Anthony | Trustee || 9|SimonDaniel [Trustee | | 10|AkramBaig | Trustee | Retired 805/20, | 11 [Simon Francis | Trustee | Retired 8/05/20, | 12|RogerRichmond | Trustee [Retired 8/05/20, | 13[AMartinEvans | Trustee [|Wef11o5200 | 14 [David Matthews | Trustee [Wet 1170570 | 15|DavidAJ Swain |Trustee | 1/05/20 - 17/11/20, | a Q( | | ne ee ee eee rs a er es ee 2 rr es

Corporate trustees — names of the directors at the date the report was approved TT [Directorname aeS:RT PnA a Ge a Ge

Name of trustees holding title to property belonging to the charity

yy,

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity's objects

Details of arrangements for safe custody and segregation of such assets from the charity's own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of adviser Name Address Investment Managers |Rathbones | 10 Queen Square, Bristol, BS1 4NT

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other—_ information

™~

Declarations.

The trustees declare that they have approved the trustees’ report above.

Signed° on behalf of the charity’sveges:t Be Lj_ Le Full name(s)| ANDREW LINDSAY GRETTON =|MARTYN ALAN RIDGE Position (eg Secretary, |CHAIRMAN TREASURER Chair, etc) Date 14/6 / 2)

Position (eg Secretary, |CHAIRMAN Chair, etc)

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. Period end
Section A Statement of financial activities
3
2
8 Restricted
Recommended categories by S Unrestricted income Endowment Prior year
activity 6 funds funds funds Total funds funds
£ £ £ £ £
Incoming resources (Note 3) FO1 F02 FO3 F04 FO5
Income and endowments from:
Investments sos{__ 75,852] - | ss] 75,852] 99,708 |
Separate material item of income asl «| = | « | =f « |
Total so7| 78.866] - T-78866 | 152,860 |
Resources expended (Note 6)
Expenditure on:
Raising funds S08 a ee ee ee
Other si{ 314814
Total siz2| 98,044 P8044| 873171,872 |
gains/(losses)Net income/(expenditure) before investment si3}]-een19,178 Ere eee -ee19178}- ae19,012
Net gains/(losses) on investments $14 gi 484f 0 i - T- 81484] 47,559 |
Net income/(expenditure) sis{ 62,306] - =| SC - S| 62,306 | 28,547 |
Extraordinary items a a es sear
Other recognised gains/(losses):
Gains and losses on revaluation of fixed assets for the charity's own use S18 |. sore! = | is Le onaz8 | 266681 |
Other gains/(losses) a es ee a
Net movement in funds s2o{- 136,820] = - | [—-—i|-_136,820|] _ 295,208 |
Reconciliation offunds: a eee ee ee ee
Total funds brought forward s21 [3,014,785] = 3,014,785 | 2,719,577 |
Total funds carried forward s22] 2,877,965] - | = | 2,877,965] 3,014,785 |
1
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Section B

Balance sheet

3 (2) = 8 Restricted = Unrestricted income Endowment Total this Total last 6 funds funds funds year year ‘ £ 3 £ £ Fixed assets FO1 FO2 FO3 FO4 FOS Intangible assets (Note15) == a1 [ —S- i. SS dT[SSCOCCdSOCOCCdYSCOC‘C] Tangible ~*di Heritage assets (Note14). = a2 [ ‘| - ‘(| -<i{ -<i | | assets (Note 16) = sas [| OC | CC | CC] Investments (Note 17) pos | 2,764,951| -| —— - | 2,764,951 | 2,965,741 Total fixed assets 805 | 2,764,951{| = - | — - | 2,764,951 | 2,965,741 Current assets Stocks (Note 18) wo [-]| -]|[-]-]] Debtors -| Investments (Note 19) rl Cash (Note 17.4) 58 [__- | -| -| -| - at bank and in hand (Note 24) Bog 158,438 | =f °#=| 158,438 64,867 Total current assets 310 158,438 i her 158,438 Creditors: amounts falling due within one year (Note 20) B11 45,424 45,424 15,823 Net current assets/(liabilities) 312 113,014 | = - | = [ 113,014 49,044 Total assets less current liabilities 813 12,877,969 | - | = | 2,877,969 | 3,014,785 Creditors: amounts falling due after one year (Note 20) B14 Provisions for liabilities ae | | LCL |LLl - Total net assets or liabilities B16 | 2,877,965 nin eas 2,877,965 | 3,014,785 Funds of the Charity Endowment funds (Note 27) B17 - ; - |- | Restricted income funds (Note 27) B18 | le | - |. is | Unrestricted funds B19 | 2,877,965 - | 2,877,965 | 3,014,785 Revaluation reserve B20 “ r.ti<C Signed by one or two trustees on behalf of all Date of the trustees gna re Print Name approval (Rh dd/mn/ | OOw, (4 (S21

CC17a (Excel)

28/01/2021

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Note1 Basisof preparation
This section should be completed by all charities
1.1 Basis of accounting
These accounts have been prepared under the historical cost convention with items recognised st cost or
transaction value unless otherwise stated in the relevant note(s) to these accounts.
The accountshave been prepared in accordancewilh:
and with a ai preparingthe Statementtheir accountsof Recommendedin accordancePractice:with theAccountingFinancial andReportingReportingStandard by Chantiesapplicable
in the UK and Republic of Ireland (FRS 102) Issued on 16 July 2014
+ and with® the Financial Reporting Standard applicable in the United Kingdom and Republic of
Ireland (FRS 102)
and with the CharitiesAct 2011
The charity constitutes s public benefit entity as defined by
FRS 102°
-Tick as appropriate
1.2 Going concern
if there are material uncertainties related to events or conditions that cast significant doubt on the charity's
ability to continue as a going concem, please provide the following details or state “Not applicable”, if
appropriate:
An explanation as to those factors that support
the conclusion that the charity is a going N
concem;
Disclosuregoing concerof anyassumptionuncertaintiesdoubtful;that make the N, 4
Where accounts are nol prepared on a going
togetherconcernpreparedbasis,withthe theaccountsplease basis anddisclose on whichthe reason whythis the trusteesfact the nv / /
Charity is not regarded as a going concer.
1.3 Change of accounting policy
The accounts present a true and fair view and the accounting policies adopted are those outlined in note ( ).
Yes
Now =
Please disclose:
Fe NS Cl
(i) the reasons why applying the new accounting policy
provides more reliable and more relevant information;
and
(Ul) the amount of the adjustment for each line affected
in the current period, each prior period presented and
the aggregate amount of the adjustment relating to
periods before those presented, 3.44 FRS 102 SORP.
1.4 Changes to accounting estimates
No changesto accounting gstimates have occurred in the reporting period (3.46 FRS 102 SORP).
Yes LI,
a a
Please disclose:
Ce
(i) the effect of the change on income and expense or
assets and liabilities for the current period; and
(iil) where practicable, the effect of the change in one or
more future periods.
1.6 Mateprio r yearial errors
No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP).
a * -Tick
re
Please disciose:
fmnmmnememme |
(i) for each prior period presented in the accounts, the
amount of the correction for each account line item
affected; and
(i) the amount of the correction at the beginning of the
earliest prior period presented in the accounts.
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CC 178 (Excel)

02/02/2020

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Section C Notes to the accounts
Note 2 Accounting policies
Please complete this note when first reporting under FRS2102. Section 35 of FRS102, requires 3 reconciliations to be
presented, if all are applicable.
2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING
PRACTICE
Please provide a description
of the nature of each change
in accounting policy
Reconcilation of funds per previous GAAP to funds determined under FRS 102
Start of End of
period period
£ £
Fund balances as previously
stated
Adjustments:
Fund balance as restated
Reconcilation of net income/(net expenditure) per previous GAAP to net income/(net expenditure) under FRS 102
End of
£
Net income/(expenditure) as previously
stated
Adjustments:
Previous period net income/(expenditure) as
restated ee
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,
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CC 17a (Excel)

02/02/2020

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Note 2 Accounting policies
sae 2.2 INCOME
Recognition of Income These are included in the Statement of Financial Activities (SoFA) when:
e the charity becomes entitled to the resources;
¢ itis more likely than not that the trustees will receive the resources; * 2 Not N/a®
e the monetary value can be measured with sufficient reliability.
" There has been no offsetting of assets and fiabilities, or income and expenses, unless Yes ____No__N/a
Offeetting required or permitted by the FRS 102 SORP or FRE 102. [VTL _]
Granta Grants and donations are only included in the SoFA when the general Income recognition Yes , No _Nia
and donations = iteria are met (5.10 to 5.12 FRS102 SORP). [VL-L_]
In the case of performance related grants, Income must only be recognised to the extent Yes No Nia
that the charity has provided the specified goods or services as entitlementto the grant
only occurs when the performance related conditions are met (5.16 FRS 102 SORP). :
Legacies are included In the SOFA when receipt is probable, that is, when there has
Legacies been grant of probate, the executors have established that there are sufficient assets in Yes No Nia
the estate and any conditions attached to the legacy are either within the control of the
charity or have been met.
Government Yes" No _~ N/a
grants The charity has received government grants in the reporting period [-T- |v
Gift Ald receivable is included in income when there is a valid declaration from the donor.
Tax reclaims on Any Gift Ald amount recovered on a donation is considered to be part of that gift and Is Yes” jo _—iN/a
donations and gifts treated as an addition to the same fund as the initial donation unless the donor or the
terms of the appeal have specified otherwise.
Contractual Income and This |s only included In the SoFA once the charity has provided the related goods or Yes No Nat
performance retated services or met the performance related conditions.
grants
Reged Donated0 goods good: are measuredat fair ir vaiue value (the amountit forfor whichtheie assetasset couldco be Yoo No" ne
goads exchanged) unless impractical to do so. (TI!
theThefaircostvalueof any of thosestock giftsof goodsat the donatedtime of for theirdistributionreceipt andto beneficiariesthey are recognis is d e demedon toreceipt. be Yes No Nia
In the reporting period in which the stocks are distributed, they are recognised as an
expense at the carrying amount of the stocks at distribution.
Donated goods for resale are measuredat fair value on initial recognition, which Is the
expected proceeds from sale less the expected costs of sale, and recognised in ‘income Yes Not Nia
from other trading activities’ with the corresponding stock recognised in the balance
sheet. On its sale the value of stock is charged against ‘Income from other trading
activities’ and the proceeds from sale are also recognised as ‘income from other trading
—- _ activities’,
Goods donated for on-going use by the charity are recognised as tangible fixed assets Yes__NoN/a
and included in the SoFA as incoming resources when receivable.
Gifts in kind for use by the charity are included in the SoFA as income from donations Yes No__N/e
Donated services and Donated services and facilities are included In the SOFA when received at the value of Yes No N/a
facllities the gift
to the charity provided the value of the gift can be measured reliably [ 1. I!]
Donated services and facilities that are consumed immediately are recognised as income Yes" No _Nia
with an equivalentamount recognised as an expense under the appropriateheading in
the SOFA.
Support costs The charity has incurred expenditure on support costs. rit -
: The value of any voluntary help received is not included in the accounts but is described Yes" ___NoN/a
Incomefrom interest, This is included in the accounts when receipt is probable and the amount receivable can Yes" No" N/a
, CC17 FRS 102 SORP 6 21/03/2017
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royalties and dividends be measured reliably _ (Y_L 1
Income from membership Membership subscriptions received in the nature of a gift are recognised in Donations Yes__No_N/a
~~ ne ae [vT-T
Membership subscriptions which gives a member the right to buy services or other Yes" No N/a’
benefits are recognised as income eamed from the provision of goods and services as
income from charitable activities.
—™ [of Insurance] ArteriaInsurance claimsincome arein the metSoFA. (5.10 are to only included 8.12 FRS102 in the SORP) SoFA and when are included the general as income an item recognition of other Yoot Nett° .
weenjoeee geaee Thisanyyear. gain includes or loss any resulting realised or unrealisedfrom revaluing gainsinvestmentsor losses to market on the sale value ofatinvestments the end of the and ot. a .
2.3 EXPENDITURE AND LIABILITIES
Liabilities are recognised where it is more likely than not that there Is a legal or Yes No Nia
Liability recognition constructive obligation committing the charity to pay out resources and the amount of the
obligation can be measured with reasonable certainty.
costsGovernance and support SupportGovernance costs costs have been comprise allocated all costs between involving public governance accountability of costs and otherthe support, charity and its Yesgs Na Niet
crore wenn od en CT!
Support costs include cantral functions and have been allocated to activity cost
categories on a basis consistent with the use of resources, eg allocating property costs Yes No Nie
by floor areas, or per capita, staff costs by the time spent and other costs by their usage. [-T I!
— Grants with performance Where the charity gives a grant with conditions for its payment being @ specific level of
conditions service or output to be provided, such grants are only recognised In the SoFA once the Yes No __N/a®
recipient of the grant has provided the specified service or output [TI
Grante payable without Where there are no conditions attaching to the grant that enables the donor cherity to
performance conditions realistically avoid the commitment, a liability for the full funding obligation must be Yes No1 _N/a
aan [vt
Redundancy cost The charity made no redundancy payments during the reporting period. a a Za
Deferred income No material Item of deterred income has been included in the accounts. PercVJ Not= i- -1
The charity has creditors which are measured at settlement amounts less any trade Yes _No__Nia
unts
A liability is measured on recognition at Its historical cost and then subsequently Yes No Nia
Provisions for Habilities measured at the best estimate of the amount required to settle the obligation at the a ce
reporting date
an Thetoparagraph11,19,charityFRS102 accounts10.7 FRS102 SORP,SORP. for basic financialSubsequent instruments measurement on initial is recognition as per paragraphs as per 11.17 bt * Non aee
Tangible2.4 ASSETSfixed assets for These are capitalised if they can be used for more than one year, and cost at least —"_s
use bydaachai Yes No _N/a
2 ~~ L1H
The depreciation rates and methodsused are disclosed in note 14.
The charity has intangible fixed assets, that is, non-monetary assets that do not have Yes No Nia
Intangible fixed assets physicalor legal rights. substance The butamortisationare identifiable rates andand methodsare controlledused areby the disclosedcharity throughIn note 15.custody [LI
They are valued at cost. ae Jae -i
The charity has heritage assets, that is, non-monetary assets with historic, artistic, Yes . x
Heritage assets masc i e nt ific,ained technological,principally for geophysicaltheir contribution or environmentalto knowledgequalitiesand culture. that are T he l d epreciation and es No___Nia
rates and methods used as disclosed In note 16.
Yes” No _N/a
Tanase ana vA
Fixed asset investments in quoted shares, traded bonds and similar Investments are
,investments valuedMe ME at Initiallyoad hadntivanbteconted at cost and subsequentlylhe corWalad at fairIaimsginscubesinloon value (thelr marketEMleneelite value) ateretenthe yearn= Yes No Nia
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CC17 FRS 102 SORP
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21/03/201'
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eng, ING Same TEaIMNeNt IS Applied lO UNIISIEG INVESUTIENLS UMIGSS Tair Vaiue Cannot ve measured reliably in which case it is measured at cost less impairment. Investments held for resale or pending their sale and cash and cash equivalents with a Yes No N/a maturity date of less than 1 year are treated as current asset investments [YL 1] Stocks and work in Stocks held for sale as part of non-charitable trade are measured at the lower or cost or Yes No Nia” progress net realisable value. | |Li | Goods or services provided as part of a charitable activity are measured at net realisable Yes No N/a value based on the service potential provided by items of stock. CLI! Work in progress is valued at cost less any foreseeable loss that is likely to occur on the Yes No N/a Debtors (including trade debtors and loans receivable) are measured on initial Debtors recognition at settlement amount after any trade discounts or amount advanced by the Yes. No___Ni/a charity.be received.Subsequently, they are measured at the cash or other consideration expected to Va The charity has investments which it holds for resale or pending their sale and cash and Yes No Nia’ Current asset Investments cash equivalents with a maturity date less than one year. These include cash on deposit 2 Md : andrather cash[than] equivalents[to][meet][short-term] with a maturity of[cash][commitments] loss than one[as] year[they] held[fall][due.] for investment purposes Le || | Yes No N/a They are valued at fair value except where they qualify as basic financial instruments [4]: ]

POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE

CC17 FRS 102 SORP

21/03/2017

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Section C Notes to the accounts (cont)
Note 3 Analysis of income
Restricted
Unrestricted income Endowment
funds funds funds Total funds Prior year
Analysis £ £
Donations [Donations and gifts 2470] -[ «| 2,470| 52,643]
and legacies: |Gift Aid 7) es es 7) ee -)
Legacies=]
General grants provided by government/other
charities
Membership subscriptions and sponsorships
which are in substance donations
Donated goods, faciities and services| -|-|
Other -| -| |
Totall__ 3014] -| -| 3014] 63,162]
activities: eee eee (eee) (a hee) ee] eee]
a ee
Ca
i a S$]
activities:A
a es
eees ee
Ca
Total] = -[ se -[ Sf =]
Income from [interestincome SS TTS]
investments: 75,759] - | | 75,759
Rental and leasing income =n eee ee ee ee
[Otheree
Total 75,.852[ -| —-| 75,852] 99.708
Separate [oe]
materialitem |=|
ofincome: | ee
a
Total] =] TC---|
Other: Conversion of endowment funds into income PF ot
Gain on disposal of a tangible fixed asset held
for charity's own use
Gain on disposal of a programme related
investment
Royalties from the exploitation of intellectual
property rights
Ca
Total] =| |ee
TOTAL INCOME 78,866{ -| —-| 78,866] 152,860
Other information:
All income in the prior year was unrestricted except for:
(please provide description and amounts)
Where any endowment fund is converted into income in the
reporting period, please give the reason for the conversion.
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Within the income items above the following items are material: (please disclose the nature, amount and any prior year amounts)

CC 17a (Excel)

28/01/2021

Section C

Notes to the accounts

(cont)

Note 4

Analysis of receipts of government grants

This year Last year Description £ e GovernmentGovernmentGovernment grant grantgrant 231 eeeeeseSeS eeee Other enee 7) ee TotalSe1 a 2 Please provide details of any unfulfilled conditions and other contingencies attaching to grants that have been recognised in income. Please give details of other forms of government assistance from which the charity has directly benefited.

CC17a (Excel)

24/01/2021

Section C

Notes to the accounts

(cont)

Note 5 Donated goods, facilities and services

	This year	Last year
	£	£
Seconded staff Useofproperty Other	es eee es ees es eee Bae 0See)
Please provide details ofthe
accounting policy for the recognition
and valuation ofdonated goods,
facilities and services.
Please provide details ofany
unfulfilled conditions and other
contingencies attaching to resources
from donated goods and services not
recognised in income.
Please give details ofotherforms of
other donated goods and services not
recognised in the accounts, eg
contributionofunpaidvolunteers.

CC17a (Excel)

24/01/2021

Section C

Notes to the accounts

(cont)

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Note 6 Analysis of expenditure
Restricted
Unrestricted income Endowment
funds funds funds Total funds Prior year
Analysis £ £
Operating membership schemes and
social lotteries
Operating a trading company
undertaking non-charitable trading
activi
Dublicity
Start up costs incurred in generating
new source of future income
Portfolio management costs 17,785{ = - |==| 17,785] = 18,983
Rent collection, property repairs and
maintenance charges
Total expenditure on raising funds 17,785| | 17,785 | 18,983
charitableactivities— on GrantsGrants to Beneficiariesto MasonicotalCharities rs63195 a-| ee-| ee63,195] eee131,166
Grants to non-Masonic Charities 43.750 FT| 13.750| 21.350
Grants to Flood Victims 3,000] -|
-| 3,000] _—-|
activities 79,945 | 152,516
Separatematerial{CTCSSCdSCCdzSCONC‘CSS
Total mn
Other
IBankcharges | 8S [1357194]]
lindemnityInsurance | COT C= | -7Q 179]
aaees
a es
Total other expenditure P1484es 373]
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CC17a (Excel)

07/04/2021

TOTAL EXPENDITURE

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[| [98,044]] - | | 98,044] 171,872
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Other information:

Analysis of expenditure on charitable activities

Grant
Activityor Activities undertaken directly funding
activities eSA ee ee ee ne Activity 2 a

Prior year expenditure on charitable activities can be analysed as follows:

Within the expenditure items above the

following items are material: (please disclose the nature, amount and any prior year amounts)

CC17a (Excel)

07/04/2021

Section C

Notes to the accounts

----- Start of picture text -----
(cont)
----- End of picture text -----

Note 7 Extraordinary items

Please explain the nature of each extraordinary item occurring in the period.

This year Last year Description £ £ — ee eee — i —Pe —Po

CC17a (Excel)

24/01/2021

Section C

Notes to the accounts

Note 8 Funds received as agent

8.1 Please complete this note if the charity has agreed to administer the funds of another entity as its agent. Note: If a charity is acting as an agent, it should not recognise the income in the Statement of Financial Activities or the Balance Sheet.

									Amount	paid out Balance held at	period end
Description/name	of	party	Related party (Yes orNo)			Thisyear &			Lastyear €£
			Tote]

8.2 Where a consortia or similar arrangement exists whereby 2 or more charities co-operate to achieve economies in the purchase of goods or services, please discose details of any balances outstanding between any participating members. Daneel ioniiane of Harty Balance held at period end —COCOCNENNNNNNNNW’.’ Se -_—s“‘ws™sSCSCSCCC‘“‘C#SL Thhis' year ‘T “Last year ‘| l e pee ee e CENOS) (EE “5; aes aes a TS eT Totaly 2= ee 2)

CC17a (Excel)

24/01/2021

Section C

Notes to the accounts

Note 9 Support Costs Please complete this note if the charity has analysed its expenses using activity categories and has support costs.

Raising funds Activity 1 Activity 2 Activity 3 Grand total allocation
Support cost Describe
examples £ £ £ £ £ method)
omeTE eee

Please provide details of the accounting policy adopted for the apportionment of costs between activities and any estimation techniques used to calculate their apportionment.

CC17a (Excel)

24/01/2021

Section C

Notes to the accounts

Note 10 Details of certain items of expenditure

10.1 Fees for examination of the accounts

Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).

Please provide details of the amount paidthe amount paidamount paidpaid for any statutoryany statutorystatutory external scrutiny of accounts and other servicesservices provided by your independentby your independentyour independent examiner. If nothingnothing was paid pleasepaid pleaseplease enter '0' inin the appropriate box(es).
	This year	Last year
	£	£
Independentexaminer'sfees Assuranceservicesotherthanauditorindependentexamination		=6opfSY a
Other fees (for example: financial advice, consultancy, accountancy services) paid
totheindependentexaminer		0

CC 17a (Excel)

24/01/2021

Section C

Notes to the accounts

(cont)

Note 11 Paid employees Please complete this note if the charity has any employees.

11.1 Staff Costs

Salaries and wages Social security costs Pension costs (defined contribution scheme) Other employee benefits

----- Start of picture text -----
This year Last year
£ Vs
es
Ee eee
iii) eee
se
Totalstaffeosts| |
----- End of picture text -----

Please provide details of expenditure on staff working for the charity whose contracts are with and are paid by a related party

Please give details of the number of employees whose total employee benefits (excluding employer pension costs) fell within each band of £10,000 from £60,000 upwards. If there are no such transactions, please enter ‘true’ in the box provided.

No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000

----- Start of picture text -----
Number of employees
£60,000£70,000 toto £79,999 £69,999 aee|
£80,000 to £89,999 |seeseeeeeeeceerpsenneneeesencameneneusteninaeeemeansensamammmunssemmmem ___ =
oaeeenatnaieannasnanmenmamanhaminieaaaaaal
£90,000 to £99,999 [a
£100,000 to £109,999 eee
i cn eee!
a
----- End of picture text -----

Please provide the total amount paid to key management personnel (includes trustees and senior management) for their services to the charity

----- Start of picture text -----
11.2 Average head count .in the year This year Last year
The parts of the charityinwhichthe [7]
employees work ST|| |
esa
aToa! ee as ee -
|TTC
CY
----- End of picture text -----

CC17a (Excel)

24/01/2021

11.3 Ex-gratia payments to employees and others (excluding trustees) Please complete if an ex-gratia payment is made.

Please explain the nature of the payment

Please state the legal authority or reason for making the payment

Please state the amount of the payment (or value of any waiver of a right to an asset)

11.4 Redundancy payments

Please complete if any redundancy or termination payment is made in the period.

Total amount of payment

OO

The nature of the payment (cash, asset etc.)

The extent of redundancy funding at the balance sheet date

Please state the accounting policy for any redundancy or termination payments

CC17a (Excel)

24/01/2021

(cont)

Section C

Notes to the accounts

Note 12 Defined contribution pension scheme or defined benefit scheme accounted for as a defined contribution scheme.

12.1 Please complete this note if a defined contribution pension scheme is operated.

Amount of contributions recognised in the SOFA as an expense

Please explain the basis for allocating the liability and expense of defined contribution pension scheme between activities and between restricted and unrestricted funds.

12.2 Please complete this section where the charity participates in a defined benefit pension plan but is unable to ascertain its share of the underlying assets and liabilities.

Please confirm that altough the scheme is accounted for as a defined contribution plan, it is a defined benefit plan.

Please provide such information as is available about the plan's surplus or deficit and the implications, if any, for the reporting charity

12.3 Please complete this section where the charity participates in a multi-employer defined benefit pension plan that is accounted for as a defined contribution plan.

Describe the extent to which the charity

can be liable to the plan for other entities’ obligations under the terms and conditions of the multi-employer plan

CC 17a (Excel)

24/01/2021

Section C

(cont)

Notes to the accounts

Note 13

Grantmaking

Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken.

13.1 Analysis of grants paid (included in cost of charitable activities)

	Grants to Grants to
Analysis Aciviyorproject? BENEFICIARIES NON-MASONICCHARITIES	institutions individuals Support costs Total CT STCCCC~dCSC(<C;S;™S;CSCSCSCSCS~sdYCCS(SETTTCCdTC~CSSC*zC (46905 16290 rs 63,195 13750 a ee 13,750

Please enter “Nil” if the charity does not identify and/or allocate support costs.

----- Start of picture text -----
13.2 Grants made to institutions
My charity has made grants to particular institutions that are material in Yes — aril
the context of its grantmaking. Details of the institution supported, URL
purpose of the grant and total paid to each institution is available on the :
: Provide details
charity's web site. below
Total amount of
Total grants to institutions in reporting period hii
Other unanalysed grants Pi
TOTAL GRANTS PAID Pa
----- End of picture text -----

CC17a (Excel)

28/01/2021

----- Start of picture text -----
||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |Note|14|Tangible|fixed|assets| |Please complete|this note|if the charity has|any tangible|fixed assets| |14.1|Cost or valuation| |Freehold|land ||Other|land &|Plant,|Fixtures,|Total| |&|buildings|buildings|j|machinery|and]|fittings|and| |motor|equipment| |vehicles| |£|£|£|&|£| |the|year| |14.2|Depreciation|and|impairments| |“Basis||SLorRB|SL|or RB|SL|or RB|SL|or RB|SLorRB|||Straight|Line| |("SL")|or| |Reducing| |Balance| |("RB")| |Rate]TT| |At|beginning|of the| |year| |Trensters!|a|ee|ee|ee|ee| |14.3|Net|book|value| |Net|book|value|at|the| |beginning|of|the|year| |Net|book|value|at|the| |end|of|the|year| |14.4|Impairment| |Please provide a|description|of the|events|and| |circumstances|that led to|the|recognition|or| |reversal of|an|impairment|loss.| |14.5|Revaluation| |if an|accounting policy of revaluation|is|adopted,|please|provide:| |the|effective|date|of the|revaluation| |the name|of independent|valuer,|if applicable| |the methods|applied and significant| |assumptions| |the|carrying amount|that would have been| |recognised had|the|assets been carried under| |the|cost model.| |14.6|Other disclosures| |(i)|Please state|the amount of borrowing|costs,| |if any,|capitalised|in|the construction of tangible| |fixed assets and the|capitalisation|rate|used.| |(ii)|Please provide the amount of contractual| |commitments|for the|acquisition|of tangible| |fixed|assets.| |(iii)|Details|of the existence and carrying| |amounts|of property,|plant and equipment|to| |which|the|charity has|restricted|title|or that are| |pledged as|security for liabilities.|

----- End of picture text -----

The "transfers" row is for movements between fixed asset categories.

** Please indicate the method of depreciation by deleting the method not applicable (SL = straight

CC 17a (Excel)

24/01/2021

Section C

Notes to the accounts

Note 15 Intangible assets Please complete this note if the charity has any intangible assets

15.1 Cost or valuation

|||Research& ||Patents|and||Total|| |---|---|---|---|---|---|---|---| |||development ||trademarks||||| |||£|£|||£|| |At beginning ofthe|||||||| |year|||||||| |15.2 Amortisation and||impairments|||||| |“Basis|||SLorRB|SL or|RB|SL or RB|SL or RB|Straight Line| ||||||||("SL") or| ||||||||Reducing| ||||||||Balance| ||||||||("RB")| ||Rate]||||||||| |At beginning of the|||||||| |year|||||||| |15.3 Net book|value||||||| |Nat book value|at the||||||| |beginning of the year|||||||| |Net book value|at the||||||| |endoftheyear||||||||

15.4 Accounting policy

Please disclose the accounting policy for intangible fixed assets including:

CC17a (Excel)

24/01/2021

Reasons for choosing amortisation rates Policies for the recognition of any capital development

15.5 Impairment

Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.

15.6 Revaluation

If an accounting policy of revaluation is adopted, please provide:

the effective date of the revaluation

the name of independent valuer, if applicable

the methods applied the carrying amount that would have been recognised had the assets been carried under the cost model.

15.7 Other disclosures (i) If your intangible asset was acquired by way of grant, provide value on initial recognition and carrying amount of the asset.

(ii) Details of the carrying amounts of any intangible assets to which the charity has restricted title or that are pledged as security for liabilities.

(iii) Please provide the amount of contractual commitments for the acquisition of intangible assets. (iv) State the amount of research and development expenditure recognised as expenditure in the year.

(vi) Please detail the headings in the SOFA in which a charge for amortisation of intangible assets is included. (vii) For any material intangible assets, please provide a description, its carrying amount and . any remaining amortisation period.

The "transfers" row is for movements between fixed asset categories.

CC17a (Excel)

24/01/2021

** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual

CC17a (Excel)

24/01/2021

Section C

Notes to the accounts

(cont)

Note 16 Heritage assets Please complete this note if the charity has heritage assets 16.1 General disclosures for all charities holding heritage assets

(i) Explain the nature and scale of heritage assets held. (ii) Explain the policy for the acquisition, preservation, management and disposal of heritage assets.

16.2 Cost or valuation

----- Start of picture text -----
Heritage asset| Heritage asset| Heritage asset| Heritage asset Total
1234
££ £ £ £
16.3 Depreciation and impairments
“Basis Straight Line
("SL") or
Reducing
Balance
Sl
———aa es ee ee es
wishin as es es ee es
naan rs a ee
soni a ee ee ee
Lanse ee ee ee ee ee
iid (Pemueee! Coletigo |SSenNes! Mie! Fanaa?
----- End of picture text -----

16.4 Net book value Nat book value at the beginning of the year

16.5 Impairment

Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.

16.6 Revaluation

if an accounting policy of revaluation is adopted, please provide:

the effective date of the revaluation

the name of independent valuer, if applicable

qualifications of independent valuer

the methods applied and significant assumptions

any significant limitations on the valuation

CC 17a (Excel)

24/01/2021

;

----- Start of picture text -----
16.7 Analysis of heritage assets by class or group distinguishing those at cost and those at valuation
At valuation | At cost Group Total
Group A i=}
£ £ £
Carrying amount at the beginning of the
period
16.8 Heritage assets (where heritage assets are not recoignised on the balance sheet)
(i) Explain the reason why heritage
assets have not been recognised on
the balance sheet.
(ii) Describe the significance and
nature of heritage assets.
(iii) Disclose information that is
helpful in assessing the value of
heritage assets.
(iv) Explain the reason why it is not
practicable to obtain a valuation of
heritage assets.
16.9 Five year summary of heritage assets transactions
Purchases a ee es ee ee
Group A a a ee ee
Group B a ee ee eee, eee
Group ¢ a a
Other a, ee ee ee ee
Group A a a a a
Group 8 a a a, a
Group ¢ ee
Other ee ee,
Total a Oe: ee, eee
additions SS
ee ee
Charge for impairment a
Group A a a ee, ee ee
Group 8 a a a a:
Group C
Other a
Total charge for impairment ee)a ee, ee, eee
Disposals en eee | ee
Group ae, ee eee eee ee
Group A - carrying amount eS eS ee ee) es
Group CB - carrying amount e e ee eeeeee eee
Other eeeee)||eee
Total disposals EE ee eee eee eee
----- End of picture text -----

CC17a (Excel)

24/01/2021

Section C

Notes to the accounts

(cont)

Note 17 Investment assets Please complete this note if the charity has any investment assets.

17.1 Fixed assets investments (please provide for each class of investment)

----- Start of picture text -----
Cash & cash Listed Investment Total
equivalents | investments| properties
Carrying (fair) value at beginning of 2,965,741 2,965,741
period
Add: additions to investments during 1,405,508 1,405,508
period
Add: Reversal ofimpaiments = [| | | -+i| | |
Add/(deduct); transfer in/(out) in the
period
revaluation
----- End of picture text -----*

*Please specify additions resulting from acquisitions through business combinations, if any.

Please note that Fair Value in this context is the amount for which an asset could be exchanged between knowlegable and willing parties in an arm's length transaction. For traded securities, the fair value is the value of the security quoted on the London Stock Exchange Daily Official List or equivalent. For other assets where there is no market price on a traded market, it is the trustees’ or valuers' best estimate of fair value.

17.2 Please provide a breakdown of investments shown above agreeing with the balance sheet row B04 differentiating between those held at fair value and those held at cost less impairment.

----- Start of picture text -----
Analysis of investments ree
_ [aaa]
a ees | eeSahinae
canine a
Investment properties a) Pe)
Grand total (Fair value at year end+Cost less impairment) 2,764,951
17.3 If your charity holds investment properties, please complete the following note:
----- End of picture text -----

(i) Explain the methods and significant assumptions in determining the fair value of investment property held by the charity (ii) Name or independent valuer, if applicable, and relevant qualifications (ili) Provide details of any restrictions on the ability to realise investment property or on the remittance of income or disposal proceeds (iv) Explain any contractual obligations for the purchase, construction or development of investment property or for repairs, maintenance or enhancements

CC 17a (Excel)

24/01/2021

Note 17 Investment assets Please complete this note if the charity has any investment assets.

17.1 Fixed assets investments (please provide for each class of investment)

|||Cash &cash
equivalents|investments|Listed
investments||Investment
properties||||Total| |---|---|---|---|---|---|---|---|---|---| |Carrying (fair) value at beginning of|||2,965,741||||||2,965,741| |period|||||||||| |Add: additions to investments during|||1,405,508||||||1,405,508| |period*|||||||||| |Less:impalrments
Add:Reversalofimpaiments
=[|
Add/(deduct): transfer in/(out) in the||LS LTSt
[|||St
||St
||a
{|||it|+i| |period|||||||||| |revaluation|||||||||| |Carrying (fair)valueatendofyear||iy|2,764,951ay|ay|ay|be|(ea||2,764,951| |“Please specify additions resulting from|||||||||| |acquisitions through business combinations, if|||||||||| |any.||||||||||

17.2 Please provide a breakdown of investments shown above agreeing with the balance sheet row B04 differentiating between those held at fair value and those held at cost less impairment.

----- Start of picture text -----
Analysis of investments rs
it —$e |]|_g_|
Listed investments 2,764,951 Po
Grand total (Fair value at year end+Cost less impairment)
----- End of picture text -----

17.3 If your charity holds investment properties, please complete the following note:

(iii) Provide details of any restrictions on the ability to realise investment property or on the remittance of income or disposal proceeds (iv) Explain any contractual obligations for the purchase, construction or development of investment property or for repairs, maintenance or enhancements

CC 17a (Excel)

04/02/2021

17.4 Please provide a breakdown of currentasset investments,	17.4 Please provide a breakdown of currentasset investments,	if applicable, agreeing with	if applicable, agreeing with
balance sheet.
Analysis of currentasset		This year
investments
Cash orcash equivalents	a	es 158,438	es
Listed investments Investmentproperties Socialinvestments Otherinvestments Total	re a ee EE) ee Ee ees 158,438
17.5 Guarantees
Please provide details andamountofany
guarantee made tooron behalfof a third party
Nameof the entity or entities benefitting from
those guarantees
Please explain howthe guarantee furthers the
charity's aims
17.6 Concessionary loans
Amountofconcessionaryloansmade(Multipleee! ee loansmade may bedisclosedinaggregateprovided[TT	tn ieaetaimacaaeaamemaiancaelA TT Pe = a
	a
Amount ofconcessionary loans received				.
aggregate provided thatsuch aggregation does not obsuresignificantinformation).	a ee SSS
Terms and conditions eg interestrate, security
provided
Value ofanyconcessionary loans which have
been committed butnottaken up atthe reporting
date
—icalae= oeiimneesa Amounesrecenanieahormorenanmm	{	CiCtititi(;COitiwC Peet fF eC
17.7 Additional information
Please provide information aboutthe
significance ofinvestmentstothe charity's
financial position orperformance eg.termsand
conditions ofloans orthe use ofhedging to
manaqe financial risk.
For all investments measured atfairvalue, the
basis fordetermining the value, including any
assumptions applied when using a valuation
technique.
Where a charity has provided financial assets as
a form ofsecurity, the carryingamountofthe
financial asset pledged as security and theterms
andconditionsrelatingtoitspledge.

CC17a (Excel)

04/02/2021

Section C

(cont)

Notes to the accounts

Note 18 Stocks

Please complete this note if the charity holds any stock items

18.1 Please state the carrying amount of stock and work in progress analysed between activities.

				Work in
For	For resale	For	For resale]	progress
distribution		distribution
SS		eeet
ee	es	ss	eS

18.2 Please specify the carrying amount of any stocks pledged as security for liabilities

CC17a (Excel)

24/01/2021

Section C

Notes to the accounts

(cont)

Note 19 Debtors and prepayments

Please complete this note if the charity has any debtors or prepayments.

19.1. Analysis of debtors

Tradedebtors
Prepayments and accrued income Otherdebtors	Total

----- Start of picture text -----
Taner Enet peer
£ £
eee
a
i
La
|
----- End of picture text -----

Please complete 19.2 where a material debtor is recoverable more than a year after the reporting date.

19.2. Analysis of debtors recoverable in more than 1 year (included in debtors above)

	This year Last year
	£ £
Trade debtors	a
Prepayments and accrued income	i i
Otherdebtors	a
	TotalS

CC17a (Excel)

24/01/2021

Section C

Notes to the accounts

(cont)

Note 20 Creditors and accruals

Please complete this note if the charity has any creditors or accruals.

20.1 Analysis of creditors

Accruals for grants payable Bank loans and overdrafts Trade creditors Payments received on account for contracts or performance-related grants Taxation and social security Other creditors

----- Start of picture text -----
Amounts falling due | Amounts falling due after
within one year more than one year
This year Last year This year Last year
£ £ £ £
40,346 11,000 i lan)
rr a ee
a a ee ee
es es ee ee
5,078 4823; -| «|
----- End of picture text -----

20.2 Deferred income

Please complete this note if the charity has deferred income.

Please explain the reasons why income is deferred.

Movement in deferred income account

Balance at the start of the reporting period Amounts added in current period Amounts released to income from previous periods Balance at the end of the reporting period

----- Start of picture text -----
£ £
i i
a
ht har
hn
----- End of picture text -----

CC17a (Excel)

28/01/2021

Note 21 Provisions for liabilities and charges

Please complete this note if you have included in charity expenditure any provisions. A provision is made when the charity hasa liability of uncertain timing or amount.

21.1 Please provide:

a brief description of any obligations on the balance sheet and the expected amount and timing of resulting payments; - an indication of the uncertainties about the amount or timing of those outflows; and - the amount of any expected reimbursement, stating the amount of any asset that has been recognised for that expected reimbursement.

21.2 Movements in recognised provisions and funding commitment during the period

Balance at the start of the reporting period Amounts added in current period Amounts charged against the provision in the current period Unused amounts reversed during the period Balance at the end of the reporting period

----- Start of picture text -----
£ £
a i
i i
a
i i
co|
----- End of picture text -----

21.3 For any funding commitment that is not recognised asa liability or provision, provide details of commitment made, the time frame of that commitment, any performance-related conditions and details of how the commitment will be funded (with contracts for capital expenditure separately identified).

21.4 Where unrestricted funds have been designated to a fund commitment, please disclose the nature of any amounts designated and the likely timing of that expenditure.

CC17a (Excel)

24/01/2021

Section C

Notes to the accounts

----- Start of picture text -----
(cont)
----- End of picture text -----

Note 22 Other disclosures for debtors, creditors and other basic financial instruments

22.1 Please provide information about the significance of financial instruments (eg. debtors, creditors, investments etc) to the charity's financial position or performance, for example, the terms and conditions of loans or the use of hedging to manage financial risk. 22.2 If the charity has provided financial assets as a form of security, the carrying amount of the financial assets pledged as security and the terms and conitions related to its pledge should be given here.

CC 17a (Excel)

24/01/2021

(cont)

Section C

Notes to the accounts

Note 23 Contingent liabilities and contingent assets

23.1 Contingent liabilities

Where the charity has contingent liabililities, please complete the following section unless the possibility of their existence is remote.

Description of item including its legal nature. Please describe any security provided in connection to the liability.

Estimate of financial effect

23.2 Contingent assets

Where the charity has contingent assets, please complete the following section when their existence is probable

Description of item

Estimate of financial effect

23.4 Other disclosures for contingent assets and/or liabilities Please provide the following information where practicable:

Explain any uncertainties relating to the amount or timing of settlement; and the possibilty of any reimbursement

Where it is not practical to make one or more of these disclosures, please state this fact

CC17a (Excel)

24/01/2021

Note 24 Cash at bank and in hand

Short term cash investments (less than 3 months maturity date) Short term deposits Cash at bank and on hand Other Total

----- Start of picture text -----
£ £
a
eee
rs eee
----- End of picture text -----

CC17a (Excel)

24/01/2021

Section C

Note 25

Notes to the accounts

Fair value of assets and liabilities

----- Start of picture text -----
(cont)
----- End of picture text -----

25.1 Please provide details of the charity's exposure to credit risk (the risk of incurring a loss due to a debtor not paying what is owed) , liquidity risk (the risk of not being able to meet short term financial demands) and market risk (the risk that the value of an investment will fall due to changes in the market) arising from financial instruments to which the charity is exposed at the end of the reporting period and explain how the charity manages those risks.

25.2 Please give details of the amount of change in the fair value of basic financial instruments (debtors, creditors, investments (see section 11, FRS 102 SORP)) measured at fair value through the SoFA that is attributable to changes in credit risk.

CC17a (Excel)

24/01/2021

Section C

Notes to the accounts

(cont)

Note 26 Events after the end of the reporting period

Please complete this note events (not requiring adjustment to the accounts) have occurred after the end of the reporting period but before the accounts are authorised which relate to conditions that arose after the end of the reporting period.

Please provide details of the nature of the event CO”

CC17a (Excel)

24/01/2021

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(cont)

Section C

Notes to the accounts

Note 27 Charity funds (cont)

27.3 Transfers between funds

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||||||||||| |---|---|---|---|---|---|---|---|---|---| |Reason|for|transfer|and|where|endowment|is|converted|to|income,| |legal|power for|its|conversion| |Between|unrestricted|and| |restricted|funds| |Between|endowment|and| |restricted|funds| |Between|endowment|and| |unrestricted|funds| |27.4|Designated|funds| |Purpose of the designation|||[Amount]|_||

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CC17a (Excel)

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Section C Notes to the accounts
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(cont)
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Note 28 Transactions with trustees and related parties If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.

28.1 Trustee remuneration and benefits

None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)

In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.

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Amounts paid or benefit value
Legal authority (eg Pension | Redundancy TOTAL
Name of trustee order, governing contribution | (including
document) loss of
office)/ex
als
eG
Please give details of why remuneration or other
employment benefits were paid.
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Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of the payment.

28.2 Trustees’ expenses

if the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. /f there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".

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No trustee expenses have been incurred (True or False) ;
psorexpenses This year
reimmurses a
a
Subsistence es eee
Accommodation es
Other (please speciy: es
Toray
Please provide the number of trustees reimbursed for
expenses or who had expenses paid by the charity
28.3 Transaction(s) with related parties
Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material
interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter
‘true’ in the box provided.
There have been no related party transactions have been no related party transactions no related party transactions related party transactions party transactions transactions in the reporting period (True or False) the reporting period (True or False) reporting period (True or False) period (True or False) False) ;
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There have been no related party transactions have been no related party transactions no related party transactions related party transactions party transactions transactions in the reporting period (True or False) the reporting period (True or False) reporting period (True or False) period (True or False) False) ;
Amounts
Name of the trustee |Relationship| Description of the Balance at | Provision for bad —
or related party to charity transaction(s) period end | debts at period end reporting
a CS SO
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CC 17a (Excel)

24/01/2021

In relation to the transactions above, please provide the terms and conditions, including any security and the nature of any payment (consideration) to be provided in settlement. For any related party, please provide details of any guarantees given or received.

CC 17a (Excel)

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Section C

Notes to the accounts

(cont)

Note 29

Additional Disclosures

The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet.

CC17a (Excel)

24/01/2021

t = ay eerie gece Independent examiner'account s report on the Section A Independent Examiner's Report

ore
to the[[BENEVOLENT]][[FUND]][[OF]][[SOUTH]][[WALES]]
members of |[[MASONIC]]
On accounts for the | 31° December 2020 | Charity no 208514 year ended (if any)

Report to the[[BENEVOLENT]][[FUND]][[OF]][[SOUTH]][[WALES]] resieeaead members of |[[MASONIC]]

Set out on pages Section A, Statement of financial activities, Section B, Balance sheet and Section C Notes 1 to 29.

| report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/12/2020.

Responsibilities and basis of As the charity's trustees, you are responsible for the preparation of the report accounts in accordance with the requirements of the Charities Act 2011 (“the Act").

| report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, | have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent | have completed my examination. | confirm that no material matters examiner's have come to my attention in connection with the examination (other than statement that disclosed below *) which gives me cause to believe that in, any material respect:

e the accounting records were not kept in accordance with section 130 of the Charities Act; or
e the accounts did not accord with the accounting records; or
e the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.

| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached

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* Please delete the words in the brackets if they do not apply.
| Date: | 08/04/21 |
Signed: | Taal. 2... =
|
Name: | Pankaj Bakshi
Relevant professional | Institute of Chartered Accountants
qualification(s) or body
(if any):
Address: | Hodge Bakshi Chartered Accountants
Churchgate House,Church Road, Whitchurch,
CARDIFF, CF14 2DX
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Section B Disclosure
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Only complete if the examiner needs to highlight material matters of concern
(see CC32, Independent examination of charity accounts: directions and
guidance for examiners)
Give here brief details of | |
any items that the
examiner wishes to
disclose
|
|
|
|
| |
IER 2 October 2018
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IER
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