## **Trustees’ annual report (including Directors’ report) for the period** **From:1[st] January 2023 Period start date To: 31[st] December 2023Period end date Charity name: MASONIC BENEVOLENT FUND OF SOUTH WALES** **Charity registration number: 208514** ## **Company number:** ## **Objectives and activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**To provide for education and**
**advancement in life of children of**
**distressed or deceased freemasons; to**
**benefit widows of the same, and to**
**provide to old, infirm and distressed**
**freemasons of the Masonic Province of**
**South Wales.**| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para 1.17 and
1.19|**In addition, a sum not exceeding one half**
**of the investment income shown in the**
**previous year’s account to be dispersed**
**at the discretion of the Executive**
**Committee to non-Masonic Registered**
**Charities, either based within, or**
**operating within the province of South**
**Wales.**| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**Confirmed – as above.**| ## **Additional information (optional)** You may choose to include further statements where relevant about: SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Contribution made by Para 1.38 volunteers Other ## **Achievements and performance** |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|**The Charity has met all qualifying**
**requests for its assistance from properly**
**identified Masonic beneficiaries**
**throughout the Province of South Wales.**
**In addition, a number of non-Masonic**
**worthwhile registered charities within**
**South Wales have been donated to after**
**proper enquiry.**|| |---|---|---|---| ## **Additional information (optional)** You may choose to include further statements where relevant about: Para 1.41 Achievements against objectives set Para 1.41 Performance of fundraising activities against objectives set Para 1.41 Investment performance against objectives Other ## **Financial review** |**Financial review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|**Of the total distributable reserves at the**
**31st December 2023 of £3,019,961, the**
**reserves policy would require £2,571,237**
**to be set aside. Masonic fundraising**
**projects are ongoing in the years ahead**
**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 of the Charity.**| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**The Trustees are mindful of possible**
**market fluctuations in the value of quoted**
**investments and it is their policy to**
**reserve 25% of the market value as a**
**contingency reserve. This would amount**
**to £676,233 in December 2023.**| |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.**| |Reasons for holding zero
reserves|Para 1.22|| |Details of fund materially in
deficit|Para 1.24|| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|| ## **Additional information (optional)** You may choose to include further statements where relevant about: |
The charity’s principal
sources of funds (including
any fundraising)|
Para 1.47|
**The source of the capital of the fund was**
**a sum of £850,000 raised by the Brethren**
**of the Province in 1992 to enable it to**
**meet the demands on funds as set out in**
**its Bye-Laws. It is policy that the sum as**
**adjusted for inflation, should represent**
**the core funds of the Charity and should**
**be used to produce income towards the**
**distributions required by beneficiaries.**
**After allowance for inflation this would**
**amount to £1,795,004 in December 2023.**| |---|---|---| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|**As in paras. 1.47,1.22, 1.21.**| |A description of the principal
risks facing the charity|Para 1.46|**The only risk factor that the Trustees**
**consider applicable to the Charity is a fall**
**in investment values. This is guarded**
**against by a prudent reserves policy and**
**the adoption of a low risk approach to**
**investments.**| |Other||**NONE**| ## **Structure, governance and management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document:
for example,trust deed,
memorandum and articles of
association etc|Para 1.25|**Constitution**| |How is the charity
constituted?
for example limited company,
unincorporated association,
CIO|Para 1.25|**Trust**| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|**Annual Court of Governors**| |||| ## **Additional information (optional)** ## You may choose to include further statements where relevant about: |
Policies and procedures
adopted for the induction and
training of trustees|
Para 1.51|
**NONE**| |---|---|---| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|**Day to day management is exercised by**
**the Chairman, Treasurer and Secretary**
**subject to the directions of the Executive**
**Trustees.**| |Relationship with any related
parties|Para 1.51|**The Charity is closely allied to the**
**Masonic Province of South Wales whose**
**members are principal beneficiaries of**
**the Charity.**| |Other||**NONE**| ## **Reference and administrative details** |Charity name|**MASONIC BENEVOLENT FUND OF SOUTH WALES**| |---|---| |Other name the charity uses|| |Registered charity number|**208514**| |Charity’s principal address|**5, GUILDFORD STREET, CARDIFF, CF10 2HL**| ## **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Andrew L Gretton|Chairman||| ||Granville Thomas|Secretary||| ||Martyn A Ridge|Treasurer||| ||Patrick Pattison|Trustee||| ||John Anthony|Trustee||| ||Simon Daniel|Trustee|Retired 23/11/23|| ||A Martin Evans|Trustee|Retired 23/11/23|| ||David L Matthews|Trustee|Retired 23/11/23|| ||W John Morris|Trustee||| ||Steven Bickerton|Trustee|Apptd. 06/03/23|| ||Paul S Haley|Trustee|Apptd. 23/11/23|| ||David A J Swain|trustee|Apptd. 23/11/23|| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| ## – Corporate trustees names of the directors at the date the report was approved ## **Director name** Name of trustees holding title to property belonging to the charity |**Trustee name**|**Dates acted if not for whole year**| |---|---| |**J Stuart Hancock**|**Holding Trustee**| |**Gherold Davies**|**Holding Trustee**| ||| ||| ||| ||| ## **Funds held as custodian trustees on behalf of others** |Description of the assets
held in this capacity|**NONE**| |---|---| |Name and objects of the
charity on whose behalf the
assets are held and how this|**NONE**| falls within the custodian charity’s objects Details of arrangements for safe custody and **NON** E 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**|**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 optional information** ## **Declarations** **The company has taken advantage of the small companies’ exemption in preparing the report above.** **The trustees declare that they have approved the trustees’ report (including directors’ report) above.** **Signed on behalf of the charity’s trustees/directors** **Signature(s)** **Full name(s) ANDREW LINDSAY GRETTON** **MARTYN ALAN RIDGE** **Position (for example Secretary, Chair, etc) CHAIRMAN** **TREASURER** **Date** CHARITY COMMISSION FOR ENGtANO AND WALES MASOP41C BENEVOLENT FIJNDOF SOUTH WALES 208514 Annual accounts for the nod P•rK)d start da 0110112023 To end date 31112r2023 Section A Statement of financial activities R•cornmended ¢•tegorle• by actfi¥lty Unrgjtrlctgd income endowmert fund• fun lund• Tolal fund• PTlor year fund• Incomlng rgsources (Notg 3) F01 F02 F03 F04 F05 &J1 3.768 10,000 83,233 72.897 72.897 70,365 Total R•source• expended (Note 61 Ex￿dknre on: frJTh#5 10.000 86 665 153 598 10.CQO 49,911 133.877 19.902 374 154,153 sio 19.947 376 60,234 376 70,234 Total 512 10.000 Net Incomellexpendtturnl boforn lTrve•lment gainslllossts) S13 16,431 51,410 67.841 16,431 51,410 67,841 S55 14.493 13,938 Net W￿￿(10￿￿) on Inw&51rrient5 S14 Net Incornfjllexpondlturnl Extraordinary item¥ Tran•fer¥ bgtwwn fund¥ Other r•cognl•ed g•lnsl{louMI: S15 S18 S17 83.650 287,793 S19 Net movement In funds 151,491 151.491 273 855 Reconclllatlon of funds.. S21 2.868.470 3.019.961 2,868.470 3.019.961 3,142,325 2 868,470 Total fun(ts c•th•d ft>nv•rd Section B Balance sheet Unro•lrfctsO Incom? End(r*Thnt Total Tot•1 la•t fund• fund• nds y•ar y￿r Fixed assets Intangible assets Tangible assets Heritsge assets Investments F01 F02 F03 F04 F05 (Notg 15 (Nots 141 {Nots 161 (Note 171 Total fixed assets 805 2.706.932 2.706,932 2,627.175 2.627.175 Current assets stocks {Note 181 Debtors {Nots 191 Investments (Note 17.4) Cash at bank and In hand (Not• 241 Total cunvnt assets 1.500 62.710 246,518 310,728 56.878 56,878 B10 Creditors: amounts falling due wlthln on• year (Note 201 B11 12.391 12.391 69,433 Not Current a3sets/(IlablllilesJ B12 241,295 rotal assets less cutyent Ilabllld•s B13 2.868,470 Creditors: amounts falling dug •ft•r one year (Note 20) Provisions for liabllities 814 815 Total net assets or Ilabllftles Funds of the Charity Endowment funds (Note 27) R•strlcted incoma fvnds {Nots 271 Unrestricted funds Rèvaluatlon re$orv• B16 3.019,961 3.019.961 2.868.470 B17 B18 B19 3.019,961 3.019.961 2.868,470 Total funds B21 2,868,470 Signed by or trustees ¢)n bthèff of *1 the trustees Dale of approval ddlmml o¥/sa Print Narne &72 CC17a {Excd} 2710312024 Seciioil C Notes lo the accoiin15 2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE CC17• (Ex*) Sorliunc Nots2 2.2 INCOME AccounOn9 pollcl•• No pwrrAtsJ tytr*FRS 1tr2 SIJIPNFIIS 102 Yes ¥• mei15 1010 S 12 FRS102 SORPJ. Yes rxty rf15 16 FRS 102 SORPI Yes No Yes Ye5 Nla Yes f4cllMb SOFA V4YiiiWr￿P es Ye$ *• rnatls 10th? S 12 FRS102 •O#K*h*J4iiMI Ye$ N18 2.3 EXPENDITURE ANO UABILITIES Ye8 Nts Nia es Yes No Yes Yes Nl Cr•dkn Ye$ Yes bj 11 19. FRS102 SORP 2.4 ASS￿$ Yes Yes Nl• Yes No No No Y¢$ Yes POLICIES ADOPTED ADDlnONAL TO OR IFFEREMT FAO eciioii C Noies to Ilie accouiiis Noi• 3 An•Wl• gf Incom• Don•lk> •nd r>)natx)ns an(1 rfts GfftA 3.412 10rts) 13.412 356 82.933 Ge￿ra1 grants provthj by g)¥ernff*nVothw charrt Membership subscnption8 and which are In sub5tsn¢x d￿•ti￿s Donat8d Other 5, faolths aTrJ ser¥b Toi•l 3.788 10.C#J) 13.768 Charit•b 4cti¥itl••: Other Tol•l othor tradlng Toi•l Inter851 irKo D￿￿end Income Rental and *a51 216 216 71,277 68.869 1.404 Totsl 72,897 S•parat• m•t•rtal tt•m •f In¢on*: Total ConVe￿￿n ol eTrJu*Tnent hJTh15 Into Gain on d*posal of a tary*lD fwj o55el hebj for ¢ha S use Gasn on dwosal of a k¥owamThJ rTLthJ inv6sbnent Royatt*$ frtym of MI81kn￿81 Total TOTAL INCOIIE 76.&55 10.CO) 153.598 I Incom• In th• P￿Or y••r unrn•trbctsd •xt•o tr. Ipl•w proYld• d•J¢rtploh Ind am•un*i IVhw• any •nd¢Ywmtrrrt fvthd * ￿n¥•rt•0 Irrto In Wlthln th• In¢r*r• •bo¥• th• lolltywlng k•m• •rn materf•l.' Ipl*#• dkn¢lM• th• n•tyrn, wnount and Y••1•rr￿urt•I 01ffjV2024 Section C Notès to the accourFIS Icontl Note 4 Anatysis ol recolpts of govemm•nl grw Th1* ymr Governm•nt grnnt 1 GoY•rnM￿t gront 2 Gov•mrnent grart 3 Othvr Tot•1 L••t ymr Governm•nt grnnt 1 GoY•mmont grant 2 Gtsv•rnm*nt grnnt 3 othgf Totsl •ar Pl•Js• pm¥ld• d•tslb ol•ny vnfuttlll•d ¢ondifions and oth onllngenel•s att•ehlng to grnnts that ha¥• b••n reeognl¥8d In In¢om•. L*•t •r Please qlv• d•t•lls of oth¢rfonns or 90v•mm8nt •Ssist•n¢• from whkh lh• chwtyh•s dlrnety ben•ltt•d. 01102r2024 CC17a IExL*I Sectton C Notes to the accounts Icontl Notss Donated goods, faclliti•s and ••r¥i¢es Thls y￿r Lalt y••r 8•eond•d $tsff of prop•rty othor y•ar Last oar Pl•as• provid• d•tails of th• a¢wunting pollcy for tho rn¢ognltl¢)n and valuatlon of donat•d good•, f•cllltlM and Mr¥lc••. PI•uo provld• d•tsll• of •ny unfulfillod conditions and oth•r contlngon¢l•s attJchlng to r••ourc from donated goods •nd •eThfi¢•s not r•cognl8•d In Incom•. Pl•as• d•tsll• of Othor fonns of other donatsd gooth ond sorvi¢M not rncognhvd Sn th• accounls. og ¢ontrbbutfion of unpald volunt••rs. CC178 IExtxII 01102r2024 Soction C Notes lo the accoLiiIIs Note 6 Analy¥i# of oxp•nditur• Th1• y•ar La•t y••r An•ty on rakni Incurred sthiry donatsons Incurred se&kir¥J lega IncJJrr*J 88ekiry grznts 0￿r8D"n9 ftWnb￿lP 8TrJ Soaal h*terns ndB'. StsgirvJ lundraBir%J 0￿[rtS Fudratsing •¥nts Operats"ng chaty 0￿r8D"ng 8 tr•JirvJ company undertaking nOwhari￿b* tr8dirwJ Advertising. ma￿e￿ng, direct mail and Start up costs Incxjrred In ge￿rnt r￿W scuree of luture incL* D81abase deve10w￿nt C4>5ts Other trading athvitss In￿trnent m8nagern8nt portfol￿ mana nt Cosi of ¢b￿lnIng in¥e8trnènt 19.947 19.9)2 19.902 Invesbment attmintstrthn costs Intel*￿￿ pr(Vty I￿ne4r#I costs Rent col￿n. property rBpaira maintyn8n¢e ch8ry¢S Toi•l on rn•ln9 fvnd• 19.947 19.947 19,gY2 19,¥lJ2 Exp•ndTIurn t)n ch•rfi*bh Xtsviil••: Beneficianes Non.Masonic charit 15.119 25.119 38 077 Totsl exp9ndi￿r• on charilabl• S• rats Nl•rtal Ilarn ol•x Totsl Bank cha Indemn Insuran al costs 162 214 162 214 T4ts1 oth•r •¥p•ndlturn TOTAL EXPENDITURE 376 376 70.2 io.( $7.979 137.979 othor Infomwl10n.' Anaty•b• of •xp•ndI￿l• on tharflalth ac￿¥011•1 CC17a (Excel) 27ffj312024 Gf• Toi•l Ihl• GTrrrt fundlng of Trall Imt y••r Aciiv Tol•l CC178 (Extdl 2710￿024 Section C Notes to the accounls Icontl Note 7 Extraordlnary Stems Please expl•ln lh• naiurn of each aytr￿n*n•ry Item occunlng In Il* pwlo Thlj y••r L**t yur De•crb Extr*ordlnary It•m 1 Extr•onllnary Ilom 2 Extraonllnary rt•m 3 ExtraordSn*ry Item 4 Tol•l oxtrordlnary knmj CC17a (Excdl 01102r2024 Section C Notes to the accounts Not• 8 Funds r•U1¥￿ as aggnl 8.1 Pleas• complete this note rfihe ¢h•rity has agrn•d to •(knlnlster the funds of anolher entity its apnt Nol•.' ¢h•rty is Kling as an ag•n¢ ftshould not rncognise th• Income in the Statement olFlnaneial A¢U¥ill•s or th• Balance SI￿ Amount B•lOn￿ ￿ld •t rlod •nd De•crlpllonln•m• of p• R•lated party IY8• orNo Thls y••f Thls y•ar La•t y•ar y••r La•t y•ar Totsl 8.2 Wh•r• a ¢onsortla orslmll4rJrT•ng¢m*nt exlsts wherety 2 ormorn ehartues e¢w•rat• lo Khleve econorni￿ In the purchaje of goods ors•Thk•s, pl•ase dtscose d&tsils of •ny bal•￿•5 outstJndln9 be￿•n anyp•rtlelp•tlng members. DO￿￿PhOn1￿M￿ ol p•rty 8•bIr￿ hèld at flod •nd Th18 year Last year T¢)t•l CC17a IExc*ll 01n2r2024 Section C Notes to the accounts Note 9 Support Costs Plaas• comphte thls note M lh¢ ehaftlty has aft•lys•d Its •xp•ns•s uslng Ktlvlty ¢•t•gorl•s and has support Msts. Thls yo•r Support ¢o•t •xam lund• Gr•nd ti)t•l Ba818 ol alloca￿ort IDe•crfbo method) Govemance Other Totsl Last y•ar Support ¢Mt oxam 108 l•ln fvnd• Ac Ac Grnnd total Ba•S* of allocatlon Ioescrtbe methodl Govemance Other Total pl￿50 prnvide delails ol the ac¢ounbftg policy adopt•d for the apportionment ol¢osts b•tw•en actlviti•s and any e3tsmatlon t¢¢hnlques us•d lo ¢al¢ulal• th•Ir￿portiOnM¥nL CC17a IExcdl 01A)V2024 Section C Notes to the accoLilits Nots 10 D•taS1s of certaln Ilem• of expendlturn 10.1 F•ts for •xarnlnatlon ofth• accoun1• Please provld• detalls of the •mountpald forany st•ttrtory •xt•rn•l scnrtlny of •ccounts and oth•rs•rvlces pmvided by your ind•p•ndont •xamin•r. Mnothlng was paldpleas• entw Y'ln the appn)prvale box(•s). Th1• yoar Last yèar Indop•nd•rt •xamin•rfB 1•0• A••ur*n¢• ••Thl¢e• Othor than *udlt or IrMl•p•nd•nt •xamlnallon Tax ¥d¥lsory f•0• Oth•r l••s (for •xampl•: financ￿1 ad¥k•. con•uH•n¢y, accouTrtsncy ••Thl¢n} p•ld to th• Ind•p•nd•nt •xamln•r CC17a IExrnll 0lh)212024 Section C Notes to the accounts (cont Note 11 Paid employees Please complete this note if the chaiity has any employees. 11.1 Staff Costs Thls year Last year Salarles and wages Soclal securlty costs Pension costs {defined contrlbutlon scheme) Other employee benefits Total staff costs Thls year: Please provide details of expendlture on staff working for the charlty whose contracts are with and are paid by a related party Last year: Please provlde details of expendlture on staff working for the charlty whose contracts are with and are pald by a related party Please give details of the number of employees whose total employee benefits (ex¢ludlng employer pension costs) fell within each band of llO,OIXI Imm £60,01)O upwards. If thern are no such transactlons, please enter Yrue. in the box provided. No employees recelved employee beneflts (excludlng employer penslon costs) for the reportlThg perlod of more than £60,000 Band Nurnber of ern Thls year Last year £60,000 to £69,999 £70,000 to £79,999 £80,000 to £89,999 £90,000 to £99,999 £100,000 to £109,999 Thls Last ear Please provlde the total amount pald to key management personnel {Includes trustee3 and senior rnanagement) lor thelr Services to the charity. For specific arnounts pald to trustees, see Note 28. CC178 (Excell 01102r2024 11.2 Average head count In the year Thls year Number Last year Number The parts of tho charlty In whl¢h the employees work Total 11.3 Ex-gratla payments to employees and other5 (excludlng trustees) Please complete rfan ex-gratia payment is made. Please explaln the naturo of the payment Thls year Last year Please state the legal authorlty or reason for making the payment Th6s year Last year Thls year Last year Please state the amount of the pa￿nent lor value of any walver of a right to an asset) CC17a (Excell 0110212024 11.4 Redundancy payments Please complete if any redundancy or ternilnatlon payment Is made In the pwlod. Thls year Last year Total amount of payment The nature of the payment (cash. asset etc.) Thls year Last year The extent of redundancy fundlng at the balance sheet date Please stats tho accounllng pollcy for any redundancy or termlnatlon payments CC178 IExcg11 01102r2024 Section C Notes to the accounts Icontl Note 12 D•finod contributlon p•n•lon s¢hom• or definod bendlt schem• aGcountod for a8 4 dèfin•d Mntrlbullon schem•. 12.1 Pl￿* compl•t• thls noi• If a ¢OntrIbuth￿ p•nslon xh¢m• Is op•r•l• Thls y••r Last y•ar knount of contrlbullon• rwnl••d In th• SOFA M *n oxpon Pl•a8• explaln th• bas1$ for allocatlng thè Ilablllty •nd frxpenw of d•fin•d ¢ontribuiion penslon Scheme b•tw¢en activitb•s and botwwn mtrlct•d al￿ unr••trl¢t•d funds. 12.2 Pl••s• complete th1$ sectlon wh•rn th• eh•rttypathlp•t•s In • d•fin•db•n•fftp￿sl0ft pl•n but Is unablo 10 asc•rt•ln Its sharn ol the underfylng •ss•ts and Ilabllliies. Plea*0 confirni that amhough tho 8ch•me l• a¢¢ount¢d for u a d•fin•d contrlbutlon plan. It 1$ a d•finod b•n•fft plan. pt•as• provld• such Infomiailon a• Is avaSlabl• aboui the plan's •urplu8 or defi¢ft Ind the Impllcatlons. If any, l¢r th• rnporttng charlty for thi• y••r and last y•ar, If dlffernnt 12.3 Plus• complete th15 s8cllon whorn th• ¢h•rftypwttclpat•8 In a Mult￿mpIO￿￿ d•lln8d b•nefftp•nslon pl•n that 1$ a¢¢ounted for•s a (l•fin•d contribution plan. Do8crtbg th• •xtènt to which th• charlty tan ￿ 1Sable to th• plan for oth•r •nYtl•¥' obligatlon• und•r th• twm• and condhlons of th• multl-•mployor plan. If th18 Is dlfferent for last y•ar. provldo d•tal Provldo an •xplonaVon of how any Ilablllty arising from an agr••m•nt wlth • multiryomployer plan to fund a d•ft¢lt has b•en d•t•rniln8d. If Ihl$ l• dlff•r•nl lor last Y￿r, provide dotai CC17a IExt*ll 0110212024 Sectioii C Noies to the ac¢ouTIls Not8 13 Grantmaking Pl••s• compl•t• thls not* Mthè charty *nygr•nts or(kn•dons whkh In *9gr•q•t• lomi • m•t•rfJip•rt olth• eharltsble 8dMd•s undert•k•n. Thls year. 111 An•￿18 of grnnts pald (Intl￿*•d In colt of t￿rnabl• adlvlUMI Grnnts to Insljlubo An*ty818 Gr•nts to IndMdu•lB SUP￿ ¢0 Totsl 8enefirya 10.CO).IXS 24.792 Th) 15,119C(J 25.119.tr) Non-MaaonK charit 24.792 Lbj or rot•1 34.792 15.119 49,911 13.2 GrnntB ￿￿¥ to IrffjOtuUor* Pl••8• provld• d•tsll¥ ofch•rty URL. y chartty has mad• qr•nts to p•rtl¢ul•rlnsth￿ons th•t•r• m•twl•l In lh• eontgxt oflts prnnthmklng. Dètalls ofth• InS￿lU￿On support¢d. pu*pos• of lh• grnnrand tot•1 p•ldto lftsdtt￿on Is •¥all•bl• on lh• ch•Fty* w•b sh Prn¥ld• d•l•lls bdow Purpo Totsl •rnounl of rants Id £ N•mM of IrAtitsrtbon Totalgrnnts to Instlmlons In r•porthg pwlod Oth•run•nalys•dgr•n TOTAL GRAJ¥TS PAID CC178 IEx¢dl Olm2Q024 Last year: 13.3 Anal l• ol Includ￿ In co•t of charltsbkn •ctlvlti Grants to Gr•nts to Indl¥ldual8 Support c¢)•t• Total Aciivty or propct i Atxwty or pw 2 Athty or prt)Ject 3 Ac*vty or 4 Tot•1 13.4 Grnnts made to In*￿￿rtIorA Ploas• provlde d•t•its of ch•ity URL ¢ortt•xt oflts 9rnntmJlrlng. Detslts ofth• Insthrtkn supported. pUry￿e of th• qr•ntand¢oT•lpald to exh Is av•llabl• on Ib• charfl￿3 w•b slt Provld• lknlls Purp(••• Tot•1 amount of rants Id £ Tot•lgr•nty to InsUttthn¥ In rwiothqp•rfo(I 0thwun•n•l￿•d0rnnts TofAL GRANTS PAID CC17• (Eull 01102r2024 Sectioti C Notes to Ihe accounts Iconti Note 14 Tangibk fixod a8801• Pl•u• cofftpl•to thls not• Mth• chwty h•s •ny t•nqlbl• fix•dus•ts 14.1 Co•t or ¥alu•llon pthrt mKhlr Flxtum, fftiln Totsl Al the beginning of the year Ad¢Jthons Revaluabons Disposals Transfers. At end ol the year 1&2 Depr•cla￿On ind knpaIm￿nts -8*•b• SL or R8 (Straght 're ¢y Red￿aNJ Bala￿) SLorRB SLorR8 SLorRB SLorRB At Winning ol Ihe year th'SP)sals Deprea#tion Impainnent Tran5fer5' At end of the year 14.3 Ngt book valu• Net book value at the beginning ol Ihe y Net tK#Jk Val￿ * of th• year CC17a IEx¢•ll 0lm212024 14.4 Impalm*nt Thls y••r.' Plvas• pmvlde a descrfpJon ofth• •¥•nts and¢hrumson¢•s to rh• rn¢0gnttlon or rgver¥al of Impalrnèntloss. La¥tyè•r.' PI•Jso provld• o d•scrlptlon ofthe •vents andclmimthnces to th• f•COgnttlon or r•v•rsal ofan ImpaI￿OntI￿s$ 14.6 R•vAlu*tlon ff an aecountlngpoHcy olr•¥4lu•don ts •doptBd. fv¥ts•wivld•." th• nam• of Ind¢pond•Frt ¥•lu•r. If•pplle•b th• m•thod• •ppllod•nd¥lgnlffcant•ssumpUon8 th• c•nylry •mountth•t ￿t￿Idhav• b••n rncogftls•dh*d th• ￿•ts b8•n canl•d under th• eost mod81. 14.6 Oth•f dl•elo•urn• year t y•af {1) Pleas• stat• th• amount ofborrowlnq com. ff any, ¢•pl¢•￿Irt lh• Mnstrucdon of t•nglbl• flx•d•ss•ts •nd the caphallsadon rate us•d. (Ilj Pl•ase provide th• •mount of Contractu￿ commiim•nts forih• •cqvlslllon of tsnglbl• xodas5ets. {IllJ D•tall8 oflhe ￿l*t•￿Ce *nde4nylng amounts rfpmp•rty. and oqulprn•nt to whleh th• ch•rtty has r•tyle￿ Ihl• or ttMt*rnpl•dg•d•s socurtty forllsblllll•& ' The 7ransfers' row 1$ formov*m8nts b&tI￿n fix8dass•É cate9WS ' P188s8 inth¢ot8 Èh& m6lhodof deprec18tK￿ by delefrng the melhc•Ynot appI￿able ISL - thtghf Ill￿. RB t Trductng bal8nc8). Alsopl•as8 in(*"cate the rate oldepreci81ion.' R￿StraWhI line. ￿81 is Ihe 8nlJLypated lrfe of 8wr (in y•atsJ." forrgducing balance, bthatis tlje CC178 IExull 01102r2024 Section C Notes to the accounts (cont Note 15 Intangible assets Ploase ￿mPlete thls note11 the ¢h4rlty has any Int4riglbl• 4ssgts 15.1 Cost or valuatlon R•••afch & Total Al beginning of the year Additions Disposals ReValuat￿n$ Transfers" Al end of the year 15.2 Amortl8•tion and Impainnents "'Basis SLorRB SLorRB SLorRB SL￿R8 Strauht Line I"SL"lor RedLicing Balance At beginning of the year Disposal$ Arnortisation Impaim)ent Transfers" Al end of year 15.3 Net book valuo Nel l)ook value al Ihe beginning ofthe year Nel ly)ok value al the end ol the year 15.4 Accountlng pollcy Please dlsclos• the accounting policy for Intanglbl• fixedassots Includlng.. Reasons for chooslng amortlsallon ratos Pollcles for tho rncognhlon of any caphal dovelopment CC17a (Excell 01m2r2024 15.5 Impalmion¢ This y•ar: Please pmvide a dfjscription of the ovents and clrcumstances that led ro the rn¢ogntti4>n orrev•rnal olan Impairnlent loss. La8t y•ar: Please provlde a d•scrfptlon of th• •v•nts •nd clrcumstancos that16d lo the rncognltlon orrnv•rsal of •n Impalmient lom. 15.6 Rovaluatlon Man xcountlng pollcy of rnv•luatlon is adopted. pl￿8• provide.. Thts ye•r Last yoar th• •ff8cdv• dal• ol th• rnvaluadon the n•mg of Indepondent v•luer, Ilappllcable the meth¢)ds appll•d the Canylng amount that would have 1*on rncogni5od h•d tho ass•ts boen canl•d und•r the Cost mod81. 15.7 Othfrr di8closuro8 (l) If yourlntangiblo asset was acqulrod by way of gran¢ provid• value on initial rncognition and carylng amount ofthe ￿98t (11) Dgt•lls of the c•nying amtwnts of any Inf•nglble •ssots to whl¢h the charlty has ￿tr1¢tod or that w• pledged as s8curlty lor liablllti•s. (111) Please pmvlde the amount of contra¢tu•l commltments ft>r the acquisltlon of intanglbh asse (Iv) State tho amount of rnse•￿h and development exp8nditurn rKognisedas expondhure In th• y•ar. (v) Please d•tall the h•adlng8 In tho SOFA In whlch a charye for•mortlsatlon ollntanglbl• assets is Included. (VIJ For any materlal Intsnglble 48s•ts, please provld• • descrlptlon. its carylng amountand any Yemaining nortisatlon perlod. . The Yransfers. rtjw vs for movements bet4•pen fixed 8sW categ(￿$. . Please indKate the melhc4I of depreci8tK)n by d8leting the melhcLI not applrable (SL = strn￿h1 line," RB - ducing balance). Also please indicate tne rnte of depwialth. forstrayhl line, what is the onlicip8ted lrfe ofth& ass8t (in yeafs),. forTrducing balance. what is ¢he p8ffjentage annu* deduc1h￿. CC17a IEx¢¢ll 0110V2024 Section C Notes to the accounts (conti Note 16 H¢rila9e assets Pl￿$• eompl•i• Ihls noth ff th• ch•rtty has h•rfiag• •ss•ts 16.1 G•n•rnl dl•clo•urn• lor •ll chaMle• holdlng herllay •Me T1￿• y•ar L#st y•ar 111 Expl•ln the nature and •c•l• ol herftsge held. 1111 Explaln the poll¢y for th? acquI8￿l0n. pr￿e￿Illon. management •nd dl•poul of herlt• 16.2 Cotyt orv*lua114>n Tol•l At beginning ol Ihe year A￿dit￿n5 DLsposals Revaluabons Transfars. At end ol the year 16.3 D•prnel*tlon and Impalrn*nts Strai9ht Line I"SL"lor Reduung Balan¢e At beginnin9 of the D¥sposal$ Depreaabon Impairment Transfws. At eThJ ol year 16.4 Ngt l)ook v•lu* Nei t)>)k valuè at th• Winr4ng ofthe year Nel tr￿0￿ value at Ihe end oftho ￿r CC17• (Exrnl) 0110212024 16.5 IM￿l￿ng￿l Th1* y•ar Please provld• a d•scrfptlon of th• •v•nts •ndclrcumstsnc•s thatlod to th• r•cognlth orr•v•rn•l olan Imp•lmMnt lo Last y••r Ih•t Itd to th• rncognlllon orrnv•ts•l of•n IMp•In￿ Ios& 16.8 R¢¥alL￿tIOn ff an accountlng polkyolr•¥alu•don Is •dopl•4 pl•ts•w*vld&" Thbj y••r L*it y•aT •nysl9nfft•ntllmft•dons on th• v•hMiion 16.7 AnalyiL• of h•riiag• *•••ts ty cl•M or gmup dl*iingul•hlng tho•• *t co•t*nd th0•0 •t valu•llon At v•luaUon At co•t Group Group A Tot•1 Carrying am¢)unt at the l)wnnry ofthe Additions Disposals DepreuaI￿n￿Mp￿M￿nI Revalu81)on Carwng amount at the end of per 16.8 H•rtt&y a•8èts ITwh•rn ￿thI9• a•*èts *r• not rKolgnlwl on thg b/l•nce ¥*￿¢1) Th1• ye•r L••t y••r 111 Explaln the r•a•gn why horltagw havg not been ￿09n1￿ed on the •hwL 1111 D￿CrIbe the #Ign￿cIneo *nd nature ol hwlta9e a￿1$. 11111 DI￿10￿ Infonn•tlon that l• elpful In ¥Me••lng the ¥alu• ol herlt¥g• a•••ts. Ilvl Explaln th• w•*8on why It 58 not PMetleabl• th obialn * valuation of hprllxge a￿*ts. CC17a IExc•ll 01102r2024 16.9 Flv• y￿r ¥ymm•ry of h•rll*g• aM•ts tran•actlo 2015 2013 2012 2011 Pur¢hJ• Group A Group B Group C Other Group A Group B Group C Other Total •ddltlon• C￿rge lor lrnp#lm*nt Group A Group 8 GTQUP C Other Totsl eMry• lor Imp•lm)•nt Dl8po•al8 Group A- carrwThJ amount Group B- amount Group C Othaf Total dhpou CC179 IEx¢*l 01102r2024 Nolps to the account5 Nol•17 17.1 FW *•••ts In¥Mlrn8nts Ipl••M provld• for ••¢h ¢l•M'oflnY••irnn# Ifatr) ¥alu• al ol 2.827.175 2.627.175 347.834 349.832 L￿. It ¥•1 405.135 405.135 L•**: Add: R•¥wMI ol Imylrnints AdOJldgduc¢): trwthmllwll kn V penod 135.C60 135.( re¥aluaiion CatyTrJ If*) ai eThJ of) 2.704.934 2.71￿.932 acqulllllom thmugh bwlnM• ￿MbInAll￿ 11 17.2 Please provlde a brnakdown of Inv••bMnts •h*>wn ab¢*￿ 49r••ing wilh thg baknnc• •h••t 804 d1ffgrgn￿tsn9 thow h•ld at l•lr wlu• and thom h•ld at co•t IM• impaiTh•nL Th1• y•ar. An•ly•i• of Invwtsn•nt• C••h orelth 4gulv*l•nty 2.701.934 Soclal Inv•Btm•nts Other Invotrn•nts To1*1 2.701.934 Gr•fHI trtsl IF•lrv*lw•¢ b•rwMJ+Co•t*M knp•lrTr 2.7C6.932 oflnv••lThnts Falrvak*4ty•w•nd Ctsh or ca•h •qU￿a￿Atr Inv•tsim•rt pmp•rtl•B T4)t•l Grand total IF•lrv•lu• •ty••r •fid￿NI l•M *nwlnMni) CC17AIEL Thi• y••ff 111 Exploln m01t￿ts •nd •IgnfflC•nt￿WnP110￿ hl d•tsrnilnlfig th•l•lr ￿lu9 al wop•rty I￿￿ tyl1* ¢h•rfty 1111 ￿m•01 l••fithtv•lw. Il•ppM¢•M and 11111 Provld• dbilllts of r•11￿￿ oh th• •￿IKY to Invmbmnt prnp•￿ th• Miiu•nc• ol IrKom• or (lvl Explalr( ary convacDAI obllyUoM forth• purehaw. coMtru¢iion or d•¥o1¢)pff¥*rt ol In¥Mffi*nt prowrty or for 17A Pl•••• pro¥kl• • brn•kdty*n ol ¢uff•nt4•••t lnT￿tr•nts. Il*pplk•bl•. lorn￿Th4 wlth th• •hg•L Anaty•h of cun4nt4M•t Inbwlrnonts oru•h •qulv•knrt• .878 62,710 T4)t•l .878 62.710 17.6 GwrnntM• Thkn or on b•hallof • lh1￿ party guarnntw• CC17• 0￿10?4 17.6 CorK•88lon•ry lo• ThknyMr£ Amourtt ofcon¢•Mth•ry loam 111 Th￿)￿r¢ L••I￿r£ provld•d V•lw of•ny Conc•M￿ry lo1￿ wfvkh l>wn cafflmhl•d bLrt nut tsk•n up *tth• Amounts p•y•bl• wllhln 1 y••r 17.7 Addltlon•l Inlwm•￿tsn nmnclal or porf0M￿ne••y. t•m* cond￿lor￿ ol leam orth• u••al m•Mg• flMncl•l For •ll Inv•￿￿1￿ m•J•urnd •lhlrvalu•, th• b•8h for ¢l•i•rmlnlnq th• ¥alw, Includlng any •umplJon¥ •pplW whwb ￿n9 • v•lu•llon ts¢hnlqw. Whor• * tharfty hab provkl•tF fin*rtknl *i*•ts a fomi ol Mcuthy, IM ￿￿Ing amount ofth• ffln•ncl•l pl•d9•d M *•curfty and th• t•im condMoM r•thdn9 to M• pl•d9•. CC17• IE Section C Notes to the accounts Iconti Note 18 Stocks Pl84s0 ¢ompl•t• th1$ not• If th• ¢h•rlty hol(ts •ny stock M•ms 18.1 Ploa•• •l•t• th• carrylng amount ol Stock arml work In pn>gr•u analy••d b•tw￿n •Ctlvltl￿. Stock Don•t•d good• Wowk In Progre For dlstrlbutlon For rn•a For dlstrlbutlon For rn8•le Ch3rltabl? •¢tlvStlw: OP￿Iry Closlnq Other tradlng acllvltl••: Athled In pw*od Impalrgd Closlng Other: Op•nthg Add•d In pwlod Expon¥•d In pwlod lfflpalr8d Closlnp Tot•1 th1• y••r Totalprovious ye•r Th1• y•*r La•t y••r 18.2 Ple*•• sprtlfy th• c•rying *mount ol any #tocks plbdgod 48 8rturity for Il*bllitlo# CC170 IEx¢dl 01102r2024 Section C Notes lo the accoLJnls Icontl Note 19 Debtors and prepayments Please complete thls note Mthe chartty h•s any debt0￿ orprepayments. 19.1 An•lysls of debtorn yoar L•#t yo4r Trnde d•bton¥ P¥epayments and accruod Income Olh•r d•btorn NIL 1.500 Total Please complete 19.2 whore a materfal d•btorts rncovernljle morn than a yearafter th reportlng date. 19.2 Anaty81• of debtorn rnC0v•rnb￿ In morn than 1 y•ar Ilncluded In deblorn above) This year Last y•ar Tradè debtorn Prnpayments and 4ceru•d Incom• Other debtorn Total CC17a (Exe•ll 26KJ2r2024 Section C Notes to the accounts (conti Note 20 Creditors and accruals pl￿$@ complote thls noto 11 the charlty has any crndltors ora¢cru•ls. 20.1 Anaty8￿ of crodltorn Amounts falllng due wlthln ong y8ar Thts y•4r Last ye•1 Amounts falllng due aftsr more th•n one year Thls year Last year Accruals ft>r grants payablg Bank loans and overdrafts 7,250 64,500 Trade credttor• Payments r•c•lved on account for contracts or performancwghtgd gr*nts Accruals and d•f•Wr￿ Incom• 5,141 4.933 Taxatlon and social socurlty Othor cr•dltorn Totsl 20.2 Deforred Income Please complet8 thls note ff th• charfty has defe￿ Income. Last Please oxplaln tho Ymsons why Incomo Is doforrnd. Alovement In dof•rT•d Incom• a¢count Thb ymr La¥t yoar Balancè at the stsrt of the r•portlng ￿rIOd Amounts added in current period Arnount8 rèlea8od to Income from pr•vlou• p•rlod• Balance at the end of th• reportlng perl¢xl CC178 IEx¢¢l) 02104r2024 ection C Notts 10 the accounts Not• 21 Pro￿*10n• for IlabilltiM arKI G￿rye* * Il•bllty of tsrt¢•rt*ln Ilmlng or•motsnt Th1• y••r Last ymr lance 4t th• ¥tart of th• r•porfing Amounts add•d In curront p•riod Amunts ¢h•ry•d •g•fin￿ provl•ion kn th• ¢uTr•nt p•rtod Unu••d arnounts reverned during th• p•viod Balance at the ond olth• rvptsrtlng p•vlod 21.2 Pl•w prnvhl•: bri•1 d•*¢riMitsn of •ny oblbo•lloM on th• balanc• •hwtind th• •xp•¢i•d •mynl •nd thi* ol re8uhing pa￿￿￿. Thkn . an Indlcallon of th• unc•ftslnl1•• •bDulth• •nK>unt orlmlng olthos• out110￿. •nd . th• •Thunt ol*ny •¥W¢tsd rnhthrn•wnL •1•llng tho amount of any •08•t that hu b••n w•co9nl••d fDr that expect•d reimburnem•nL 21a For any lundlny ¢•n¥n￿ftt1hIl l• not reCogn￿d aB 4 Il•bllty or prov040n. prtrvld• d•tsl of cornmltrnont m8de, the of th•t commltmenl any Perfon￿nce-r0l1I•d cond41ion• •nd d•tslkn of how th• corniiln*ntwill be fund•d (with contr•¢ts for ¢•plt•l •xwndI￿l• ••par*tsty 21.4 Wh•r• unrn•lrl¢t•d ￿Thd• ha￿ b••n dMlgn*tsd to a fvnd conMiiitirnllL pl•w dl•cknA• th• nAthr• of any dHign•t•d and th• lik•ly tln4No otth•t oxponditurn. CC17• IExr*l 01102r2024 Section C Notes to the accounts Iconll Nots 22 Othor dlsclo8ur•s for debtor& cr•dttoTr and oth•r bask financlal Instrum•nts Th1• yMr La•t y•ar 22.1 Pha*• provld• Inlorn)atlon aboutth• *lgnlllcane• of fi¢￿1 In*tnJm•nts leg. debtorn, cr•dllOrn, Inv••kn*nts •tcl to th• ¢harfjty'• ff n•nck41 po•ltlon or perfomwnc•. lor examplè, the t•mi8 and condltloM of bo•rA or th• ol h•dglng to manago fftnanc4al rls 22.2 Iltho c￿rIty h*5 pvovlded flnanclal *a••ts a foffli ol •¢curtty, the carrylng amount of ￿ financlal a•vl• pledg•d •• $ecurlty and the t•nn• •nd con￿01￿ r•l•t¢d to Its pl¢dg• •hould be glvon here. CC178 (Ex(￿) 01102r2024 Sectioii C Notes to the accounts (cont Noto 23 Contlnoent Ilabllltles and contlng•nt 23.1 Contlngent Il¥blllll•• Wh8ro th• eharlty conllng•nt 1Sablllblll•8, pl•a•• eomp*ts th• followlng M¢llon unl•M the pO￿ltsI1ttY of thelr eX￿ttne+ li r8mot•. Th1• y•ar D88crlptlon of Ii•m Includlng Its Wl r4turn. Pl• d•#ertb• any ••eutlty provldod In eonn•etlon to th• Ilablltty. Estlm•l• of flnancl•l •ffect D•scrlptlon ol It•m Includlng Its legal nthrn. PI•M• d••crfb• any ￿Gurfty provlded In conn•ctlon to the Ilablllty. e•tkn•ts of fln•nclal elle¢t 23.2 Contlngerrt a81•ts Where th• ¢harlty has contlnyrtaM•ts, pkn• compl•t• th• followlng Mctlon *th•n th•lr •xl•t•nc• b• probab Thb s*•r Deffjcrtpllon of It•m E•Wm•t• of flnanclal •ff•ct La•t y￿r D￿CrI on of Il•m E•Wm•tr ol fln•ncl•l •fl• 23.4 Oth•r db8elo•urn8 for ConVn￿nt a•s•ts *ndlix IlablS111•• Pl••w provld• th• lollowlry Inf<)rm•¢lon wlw• prncYc•bkn: Th1• y••r La•ty•ar E¥pl•Sn •ny unc•rt•lntlg¥ TrIAOng to th• •mount mlng of •ei¢lem•nL' •nd th• po••lbllty of any rglmburwnent NONE PIONE Whern tt l• not pr¥¢11￿1 io m•k¢ or mor• of thM• dl•clwure•. ple•w •l•le th1• f•¢t CC17• IEx¢•l) 27103r2ff24 24 C••h It b•nk *rA In hand Th1# y#r Lmt y•*r 8hortt•fm d•p081ts 268.542 248.518 Tot•1 CC17• IEA(¥J 01mr2024 Section C Noies lo Ihe accounts cont) Not• 25 Falr value ol •ss¢ts •nd114bllltl•s La•t 25.1 Pbbx• proylde I1￿￿10 of th• ch*rttrl• expo•ur• to rr•dtt rf¥k Ith• rlsk ol Incurrlng a li duo to • dvbtor not paylw T*hat18 0￿￿1. Ilquldfjty •k Ilh• d•k of not b•lng abkn w m••t shM I•rnI fin•nci•l d•ffl•rKls1 and m•rkot rt•k tsk th•t valu• of an In¥tttm•nt wlll fall duo to In ttw rn•rk•tl •rl•lng fin•ncW Ir*trurnwts to tho ch•rlty h oxpomd •t th• 01￿ ofth• r¥pO￿￿9 p•rfod and •xpi*ln how thavlty 25.2 P￿* 9lve d•tall• ol th• •mourrt ofeharw In th• hlrv•lu• of bttlc ftn•nclal lrttrum•rts IdebtoF¥. ¢r•dltor¥. Inv••tm•nts IM• 11. FRS 102 SORPII m￿Ured •t Ialr Val￿ thrnugh th• SOFA th•t th atirtbut•bh to ehang•# In ¢rndlt CC17• fEwll 01102Q024 Section C Notes to the accounts (conti Note 26 Events after the end of the reportlng porlod Please ¢omphto thls noto •Vonts (not rwuirlng adjUstn￿nI to the a¢¢ounts) havo occurred after the end of the rnporting period but before the accounts are authorised which relate to conditions that arose aftw the end of the Thls Last Please provlde detalls of the nature of the event Provlde an estlmate of the financlal effect of the èvent or a statsmènt that such an esllmato cannot be made CC17a (Excell 01102r2024 Iiiiiiiiiioi 111111111111 111111111111 511111111111 111111111111 1111111111 111- 111111111111 111111111111 111111111111 Section C Notes lo ihe accounts Icoiitl Note 27 Charlty funds (cont) 27.3 Transfer8 between funds Thls ear R•ason for transfer and whern endowment is conv•rted to Income, legal power for Its convernlon Amount Bethen unrestricted and restncled fvnds Betsveen endowment and restn.eted funds Bets¥een endowment and unrestricted funds Last ear R•a8on for transfvr and wh•r• •ndowm•nl Is conv•rted to InGom•, legal power for Its convèrnlon Amount Betsveen unrestricted and restricted funds Betsveen endowment and restricted funds Betsveen endowment and unrestn.cted funds 27.4 Designated funds This ear Plann•d us• ofthed natlon Amount Last ear Planned use Purpw of thè dMI natlon Amount CC17a IExceK) 01102r2024 Section C Notos lo the accoiiiits Not• ZJ Trnn•a¢lJon• wtth tr￿*•• •nd rnwi•d p•rti 18.1 Tty•ts• rnmun•rnllon •nd b•n•fft• Thi• year TRUE th•lIc￿rfty W • rnl•t•d •Thtity (rn￿ •r F•l••l L•o•l authorlty19o TOTAL oifK•V•x ty•w TRUE •mploym•ftt ¥Ath th*lr tharlty or* •nty ITn* or F•l••l Lqyl •vthorfty1•9 TOT orKwr4 CC17• IEKdJ 28.2 Tru•1￿. •xp•n••• w¥iw-F•l*•". TRUE Thts y•Ar L•¥t yg•r Trnv sUb•￿￿n¢9 Acctynmodatlon Othgf Iplg•w •p•rrfyl: TOTAL h•d •xp•thMb ￿ld ty th• ehlwlty 28.3 Tr*n••¢llonl•l wlth rnl*l•d P•rfl•• Th1• y••r TrUE Amoum• R•lthMhlp to Chortty B•1•1￿• •t or rnlat•d P•Qrf durtNJ reportlng cct7• (Exc L4•t y••r TRUE R•lthhlp ch•rMy l•rnM ¢onthWons. in¢ltsdlnq •ny*Kurity•ndth• ft•tw• CCIT• (Exc* Section C Notes to the accounts Iconti Nots 29 Additional Dlsclosures The followlng are slgnlflcant matters which are not covered in other nots8 and noed to be included to provlde a propèr understanding of tho accounts. If therè is insufficient room here, plea80 add a $eparats 8heeL CC17a IExcel) 0110212024 CHARITY COMMISSION I FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examinerfs Report Report to the trusteesl members of MASONIC BENEVOLENT FUND OF SOUTH WALES On accounts for the year ended , 31° DECEMBER 2023 Charity no 208514 Irf any) Set out on pages , SOFA. B. N1-N29 I report to the trustees on my examinatK>n of the ￿OuntS of the above chanty {Ihe Trust'l for the year ended Responsibilities and basis of report As the chariws trustees, you are responsible for the preparation of the accounts in aC￿rdance wth the requirements of the Chanties Act 2011 rthe Acr). I report in respect of my examinats.on of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Direth"ons given by the Chanty Commission under section 14515}{bl of the Act Independent I have completed my examination. I confimi that no material matters have examinerfs staternent come to my attention In connection with the examination (other than that disclosed bek)w"} which gives me cause to believe that in, any material respect the accounting records were not kept in acwrdance wth section 130 of the Chanties Act; or the accounts did not accord with the accounting records., or the accounts did not comply the applicable requirements Con￿mIng the form and content of accounts sel out in the Charities {Accounts and Reports) Regulations 2C(18 other than any requirement that the accounts give a 'true and fairf view vknich is not a matter consHlered as part of an independent examination. I have no concems and have come across no other matters in connection th the examination to vthich attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. . Please delete the wonls in the brackets if they do not apply. Signed: Date: I z.04.L4 Name: James Burrett. ACA, ACCA Relevant profe55ional Inststute of Chartered Acc￿ntants. qualificationlsl or body lrfanyl: | Address: HODGE BAKSHI CHARTERED ACCOUNTANTS IER Oct 2018 CHURCHGATE HOUSE. CHURCH ROAD, WHITCHURCH, CARDIFF, CF14 2DX Section B Disclosure Only complete Il the eAal1 Iifi61 Treeds lo hi9hli9ht ffia&eiial malleis of c(Micain (see CC32, Independent examinatson of charity accounts. directions and guidance for eXam1r￿rS). Give here brief details of any items that the examiner wishes to disc105e. IER Oct 2018