Charity Registration Number: 208563
GREAT PRIORY OFTHE ORDER OFTHE TEMPLE
FUND OF BENEVOLENCE
FINANCIAL STATEMENTS
31 AUGUST 2025

GREAT PRIORY OF THE ORDER OF THE TEMPLE
FUND OF BENEVOLENCE
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 AUGUST 2025
The Trustees of Great Priory of the Order of the Temple Fund of Benevolence present their report and
the financial statements for the year ended 31 August 2025.
LEGAL AND ADMINISTRATIVE DEfAILS
The Charity 15 the Great Priory of the Order of The Temple Fund of Benevolence and is a registered
Charity under registration number 208563. The Chèritls address is 86 St James's Street. London,
SWIA IPL,
TRusfEES
The Trustees of the Great Prlory of the Order of the Temple Fund of Benevolence who served during
the year and to the date of signing this report, unless otherwise stated, are-
J R G Hilditch IApp)inted 31 March 20251
J Prizeman (Deceased 22 January 20261
R Wallis (Retired 31 March 20251
Newly appointed Trustee5 receive an induction from the President of the Grand Masterfs Council
and G￿3t Treasurer and attend traininE courses as necessary.
ORGANISATION
The Members of the Grand Masterfs Council of the Great Prlory are responslble for the admlnlstration
of all aspects of the Great Prlory of the Order of The Temple Fund of Benevolence.
The members of the Grand Masterfs Council of the Great Priory, who are either appolnted by the
Grand Master of Great Priory or elected by the Great Priory of England ènd Wales, during the
flnanclal year and to the date of the signing of this report are:
Hi5 Honour l D G Alexander, KC
J M Beard
Dr P R Calderwood. JP
P R Clement, Ostj
G L Gill, SLMM (Appointed 21 May 20251
J R G Hilditch
G Hutchinson
KJJones
P A Norman (Retired 21 May 2025)
GL Perkins
WJTPratt
J H Prizeman (Appointed 21 May 2025, Deceased 22 January 20261
A C Rainbow
R Scott
Dr N F J Scott-moncrieff {Appointed 10 November 2025}
M E Slater, Osti (Retired 21 May 20251
J Spence, DL
TJ Wheeler
J C Whitaker, JP, DL- President
Page I

GREAT PRIORY OF THE ORDER OF THE TEMPLE
FUND OF BENEVOLENCE
TRUSTEES, REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 AUGUST 2025
PRINCIPAL ADVISERS
BANKERS
FUND MANAGERS
Clydesdale Bank plc (Trading a5 J M Finn & Co Ltd
Virgin Money)
4 Coleman Street
7 Gold Street
London
Northampton
EC2R STA
NNI IEN
AUDITOR
Crowe U.K. LLP
55 Ludgate Hill
London
EC4M 7JW
CONsnTUTIONS AND OBJECTS
The Great Priory of the Order of The Temple Fund of Benevolence is governed by statute ICharitie5
Acts), the Trust Deed dated 30 May 1928. The primary objects of the charity are Relief of members of
the Order and their dependants. The charity may also relieve the need, hardship or distress of other
member of the public, and such charities as recommended by the Grand Ma5te¢s Council or Great
Priory.
The Fund of Benevolence is supported by contributlons from Brethren. Ladies. Preceptories and
Provinces and these take the forni of either donatiODS, covenants, legacies or bequests. The Charitvs
main income is from investments in most years, the Charity has not engaged with third parties to raise
funds and there has been no direct approach to members of the public for funding. No complaints
were received in relation to our fundraising activities.
The Trustees confirm that they have complied with the duty in sertion 17 of the Charities Act 2011 to
have due regard to the Charity Commission guidance on the strategy towards and the achievements
of the Charity against bts objectives.
GRANT MAKING POLICY
The payments of grants are made to the needy who qualify according to the statutes of Great Prlory.
RESERVES POUCY
At 31 Au8USt 2025, the free rese￿e5 amounted to £802.635 {2024: £ 838,1231. The Trustees belleve
that the level of re5erve5 should provide a Safety net for downturns in the market as well as providing
level of income to support grants. However. the Trustees continue to revlew the level of reserves
held.
Durin8 the year ended 31 August 2025, the Trustees reviewed its Reserves Polity and agreed to
maintain the reserves at a level Sufficient to generate adequate investment Income to meet current
funding ￿quIrernents. This will be reviewed annually.
The Trustees consider that there are sufficient reseThes held at 31 August 2025 to manage anv
foreseeable downturn in the market. The Trustees consider that there is a ￿asOnable expectation
thatthe charity has adequate resources to continue in operational existence forthe foreseeable future
and, for thi5 reason, the Trustees continue to adopt the going concern basis in preparing the financial
statements.
Page 2

GREAT PRIORY OF THE ORDER OF THE TEMPLE
FUND OF BENEVOLENCE
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
INVESTMENT POWERS
Investment powers are set out and operated within the provlsions of the Trustee Act 20QK). The
Investments are managed by the Investment Committee, which is advised by JM Finn & Co Limited.
INVESTMENT POLICY AND PERFORMANCE
The only sources of Income for the fund are receipts from Indlvidual Preceptories (including the sale
of swift pins) and any investment income (including capital gains).
Changes are made to the investments held on the basis of seeking to malntaln the exlstlng funds and
to increase them so far as possible. The intention is to invest in securities, which are likely to increase
in value lincluding providing increased dividends). rather than by any other criteria.
In accordance with these aims, the funds are managed by J M Finn & Co Limited. The Investment
Committee reviews the funds on a regular basis. The value of the investments at the balan￿ sheet
date was £892,97512024.. £888,704).
AcnviTIES
Grant5 were paid in the year to 31 August 2025 amounting to £71,C￿0 to the St John of Jerusalern Eye
Hospital12024: £100.CIXJ). and £5,0￿ emergency grant to an individual12024: £nill.
TRUSTEES, RESPONSIBIUTIES
The Trustees are responsible for preparing the Trustees, Report and the financial statements in
accordance wtth applitable law and regulations.
Charity law requires the Trustees to prepare financial statements for each financial year in accordance
with United Kingdom Generally Accepted Accounting Practice (United Kin8dom Accounting Standards)
and applicable law.
Under charity law the Tru5tee5 must not approve the financial statements unless they are satlsfied
that they give a true and fairview of the state of affairs of the charity and of its net incomin￿0Utg0lng
resources for that period. In preparing these financial statements, the Trustees are required to:
selert suitable accounting policies and then apply them consistently:
observe the methods and principles in the Charities SORP,.
make judgments and estimates that are reasonable and prudent-
prepare the financial 5tatement5 on the going concem basi5 unless It is inappropriate to
presume that the charity will continue to operate.
The Trustees are responsible for keeping adequate accounting records that a￿ sufficient to show and
explain the charity's transactions and disclose with reasonable accuracy at any time the financial
PQ51tion of the charity and enable them to ensure that the financial statements comply with the
Charities Act 2011, the Charity (Accounts and Reports) Regulations 2C(18 and the provisions of the
charit¢5 constitution. They are also responsible for safeguarding the assets of the charity and hence
for tskin8 reasonable steps for the prevention and detection of fraud and other irregularities.
AUDrroR
Crowe U.K. LLP has indicated its willingne55 to be reappointed as 5tstutory auditor.
Approved by the Trustees on l Qp. "12ozÉ and signed on their behalf by:
J R G Hilditch, Tru5te¢
Page 3

Independent AudStorfs Report to the Trustees ol the Gre* Priory of the Order of the Temple Fund of
Benevolence
Oplnlon
We have audlted the financlal statements of the Great Prlory of the Order ofthe Templè Fund of Benevolence
for thè year ended 31 August 2025 whlch comprise Statèment of Financial Activities, the Balance Sheet and
note5 to the financial statements, includin8 significant accounting policies. The financial reporting framework
that has been applied in their preparation is applicable law and United Kingdom Ac¢ountlng Standards,
includlng Financial Reportlng Standard 102 The Flnanclal Reporting Standard applirdble in the UK and Republic
of Ireland (United Kingdom Generally Accepted A¢counting Practicè).
In our opinion the financial statements..
givè a true and fair view of the state of the charitvs affairs as at 31 August 2025 and of its incoming
resources and application of resource5, including its income and expenditure for the year then ended-
have been property prepared in accordance with Unlted Klngdom Generally Accepted Accounting
Practice.. and
have been prepared In accordance with the requirements of the Charltles Art 2011.
Basls for opinlon
We condurted our audlt in ac¢ordan¢e with International Standards on Audlting IUKI IISAS IUKII and applicable
law. Our responsibilities under those Standards are further described in thè Auditor's responsibilities for the
audlt of the flnanclal statements section of our report. We are independent of the charity in a¢cordano with
the ethlc31 requirements that are relevant to our audit of the financial statements in the UK, including the FRCS
Ethical Standard, and we have fulfilled our other ethlcal responslbilltles In accordance with these requirements.
We believe that the audit evidence we have obtained 15 5uffitiÈnt and appropriate to provide a basis for our
oplnlon.
Con¢lusions rel*ln8 to 80in8 ¢on¢em
In auditing the financial statements, we have concluded that the tru5tees' use of the golng concem basis of
accountlng In the preparatlon of the financial statements is appropriate.
Based on the work we have perforrned, wè have not Identlfled any material uncertainties relatin8 to events or
conditions that, individually or collectively, may cast $18nlfl¢ant doubt on the charity's ability to continue as a
going concern for a period of at least twelve months from when the financial statèmènts are authorised for
Issue.
Our responsibilities and the respon5ibilitie5 of ihe trustees with respett to golng con￿rn are described In the
relevant settion5 of this report.
Other infomiation
The trustees are responsible for the othèr informatlon contained within the annual report. The other
Informatlon comprises the information included in the annual report, other than the financial statements and
our auditorfs report thereon. Our opinlon on the financial statements does not cover the other information and
we do not express any form of assurance concluslon thereon.
Our responsibility is to read the other informatlon and, In dolng so. conslder whether the other information 15
materially inconsistent with the financial statements or our knowledge obtained in the audit or othetwise
appears to be materlally mlsstated. If we Identify such material inconsistencies or apparent material
misstaiements, we are required to determine whether thls glves rise to a material m15Statement in the financial
statements themselves. If, based on the work we have performed, we conclude that there is a material
mi5Statement of this other information. we are required to report that fact.
We have nothing to report in this regard.
Page 4

Matters oth which we are required t(tr ￿pOrt by exceptlon
We have nothlng to report in respect of the following matters In relatlon to whlch the Charities (Accounts and
Reportsl Regulations 2008 require us to report to you if, in our opinion-.
the Snformation Blven in the financial statements 15 inconsistent in any material fespect with the
trustees, report- or
sufficlent accountin8 records have not been kept,. or
the financial statements are not In agreement with the accountin8 records and returns.. or
we have not re￿1ve￿ all the informatlon and explanation5 we require for our audit
Rèwnsibifrties ol trustees
As explained more fully in the tru5tee5' responsibilities statement set out on page 3. the tTUStees are
responsible for the preparation of the financlal statements and for being satisfied that they give a true and fair
vlew, and for such internal control a5 the trustees determine Is necessary to enable the prepai3tion of flnancial
statements that are free ftom material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charity's ability to Continue
as a going ¢on¢em, discloslng, as applicable, matters related to going concern and using the going Con￿rn
basis of accounting unless the trustees eithèr Intend to liquidate the charity or to cease operations, or have no
realistic alternative but to do $0.
Auditorfs responsibllitles for the audlt of the flnancial ststements
We have been appointed a5 auditor under Sectlon 144 of the Charities Act 2011 and report In accordance wlth
the Act and relevant reBulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statèmènts as a whole are free
from rnalerial mi55tatement, whether due to fraud or error. and to issue an auditorf5 report that includes our
opinion. Reasonable assuran￿ 15 a high level of assurance, butls not a guarantee that an audit conducted In
accordance with ISAS IUKI will always detect a material misstatèment when it exists. Misstatements can arlse
from fraud or error and are considered material if, individually or in thè aggregate. they could reasonably be
expected to Influen￿ the economic decisions of user5 taken on the ba515 of these financial statements.
IrregularltSes, including fraud. are instances of non-compliance wlth laws and regulatlons. We design
procedu￿$ in line wlth our respon5ibilitie5, Outlined above, to detect material misstatements in Tespett of
irregularitie5, including fraud. The èxtènt to which our Pro￿dureS are capable of detectlng Irregularitie5,
including fraud is detailed below-
A further description of our responslbllltle5 for the audlt of the financial statements 15 located on the Financlal
Reporting Council's website at: www.frc.o
audit
rsres
onsibilitie& This description fomis part of our
auditorfs report.
Extent to whlch the audSt was consldered capable of (letertl•¥ Irregularltles. Includlng fraud
Irregularltle5, Snduding fraud, are instances of non-comp11an￿ wlth laws and re8ulations. We Idèntlfled and
assessed the rlsks of material misstatement of the financial statements from Irregularltles. whetherdue to fraud
or error, and discuss￿ these between our audit team members. We then designed and performed audit
Procedures Tespon5ive to those risks, including obtaining audit evidence sufficient and appropriate to provide
ba51s for our oplnlon.
Page 5

We obtained an understanding of the legal and regulatory frameworks within which the charSty and group
operates, focusing on those laws and regulations that have a direct effect on the determinatlon of material
amounts and disclosures In the finandal statement5. The laws and regulatlons we considered in this context
were the Charitie5 Art 2011 together with the Charities SORP IFRS 1021. We assessed the required compllan
with these laws and regulations as part of our audit pro￿dureS on the related financial statement items.
In additlOD, we considered provislons of other laws and regulations that do not have a direct effect on the
financial statements but compliance wlth whlch mlght be fundamental to the charity's and the group's ability to
operate orto avoid a material penalty. Wealso considered the opportunitie5 and in￿ntiVeS that may exist within
the charily and the group for fraud. The laws and fegulations we considered In this context for the UK operations
Included General Data Protection Re8ulation IGDPRI.
Auditing standards limit the required audit procedures to identify n0n-comp1lan￿ with these law5 and
regulations to enquiry of the Trustees and other management and inspection of rÈ8ulatory and legal
correspondence, if any.
We identified the grèatest risk of material impact on the financial statements from irregularities, includln8fraud.
to be within the timing of retognition of income and the override of controls by management. Our audlt
procedures to respond to these risks included enquirie5 of management and the Management Board about their
own identificatlon and assessment of the risks of irregularities, sample testlng on the posting of lournals,
reviewing accounting e5timate5 for biase5, Sample testlng of income, reviewin8 reÉulatory correspondence. and
readlng minutes of meetings of those charged with governan￿.
Owlng to the Inherent limitations of an audit, there 15 an unavoldable risk that we may not have detected some
material mlsstatements in the financlal statements, even though we have properly planned and pèrformed our
audit in at¢OTdan¢e with auditlng standards. For example, the further removed non-compliance with laws and
regulations lirregularitiesl is from the evènts and transactions reflected in thefinancial statements. the le55 likety
the inherently Ilmlted procedures required by auditingstandards would identify it. In addttion, as with any audit,
there remained a higher risk of non-detection of Irregula￿tieS. as these may involve collusion. forgery,
Intentional omisslons, misrepresentations, or the overrlde of internal controls. We are not re5pon5ible for
preventing non-complian￿ and cannot be expected to detect non-compliance with all laws and regulation5.
Use of our oport
This report 15 made solely to the charity's trustees. as a body. in accordance with Part 4 of the Charities
(Accounts and Reports) Regulations 2CQ8. Our audit work has been undertaken so that wè might state to the
charitys trustees those matters we are required to state 10 them in an auditorfs report and for no other
purpose. Tts the fullest extent permltted by law. we do not accept or assume responsibility to anyone other
than the charity and the charity's trustees as a body. for our audit work. for thls report, or for the opinions we
have formed.
.Uk lie
Crowe U.K. LLP
Statutory Auditor
London
Date: 15th May 2026
Crowe U.K. LLP Is ellglble for appointment as auditor of the charity by vlrtue of its ell8lbility for appolntment as
auditor of a company under section 1212 of the Companies Act 2006.
Page 6

GREAT PRIORY OFTHE ORDER OF THE TEMPLE
FUND OF BENEVOLENCE
STATEMENT OF FINANCIAL AcnvinES
FOR THE YEAR ENDED 31 AUGUST 2025
Notes
2025
2024
Income and endowments from:
Donations
Bank Interest
Investments
6,200
994
29,048
3,255
819
24.915
TOTAL
36,242
28,989
Expenditure on:
Investment management costs
Charitable activities
4,233
4,073
310
8enevolent grants
76,(X)O
TOTAL
80233
104.383
OPERATING {LOSS)
(43,991)
(75.394)
Net realised and unrealised gains on investments
77.4AI
NET (EXPENDITURE) I INCOME
(35,4881
2,096
NEf MOVEMENT IN FUNDS
(35,4881
2.096
FUNDS
Balance at I September 2024
838,123
836.027
BALANCE AT 31 AUGUST 2025
802,635
838,123
All of the above a￿ represented by contlnuln8 operations. There are no recogni5ed gains or1055es
other than those shown above.
The notes on pa8e 9 to 10 fomi part of these flnanclal statements.
Page 7

GREAT PRIORY OF THE ORDER OFTHETEMPLE
FUND OF BENEVOLENCE
BALANCE SHEET
31 AUGUST 2025
Z025
2024
Notss
FIXED ASSET INVESTMENTS
Quoted securitbes at market value
Cost £667,54612024 £635.2211
892.975
888.704
CURRENT ASSErs
Debtor5
Cash at bank
7.566
12,344
7.607
42.062
19.910
49,669
CURRENT UABILMES
Sundry creditors
110,250
I(￿,250
CURRENT {LIABILITIES
190,340} {50,581J
NEfASS
802.635
838,123
Rèpresènted by:
UNREsfRICTED FUNDS
802.635
838,123
Approved by the Tru5tee5 and authorised for issue on l (k,'12Wband signed on their behalf by:
J R G Hilditth
Trustee
The notes on page 9 to 10 form part of these financial ststements.
Page 8

GREAT PRIORY OF THE ORDER OF THE TEMPLE
FUND OF BENEVOLENCE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
CHARrri INFORMATION
The Charity is a Public Benefit Entity registered as an unincorporated charity in England and Wales
(registration no. 208563) and operates from Mark Masons, Hall, 86 St. James's Street, London. SWIA
IPL.
ACCOUNTING POLiaES
la) Basls of Accounting
The financial Statements have been prepared in accordance with the Charities SORP
IFRS1021 applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland and the Charities Act
2011 and UK Generally Accepted Practice.
The flnancial statements have been prepared to give a "true and fairf view and have
departed from the Charities (Accounts and Reports) Regulations 2CY)8 only to the extent
required to provide a "true and fairf view.
The charity constitutes a public benefit entity as deflned by FRS 102.
Having tonsiderèd post year end results and reserves, the Tru5tee5 consider the charity
has adequate resources to continue in operational exlstence for the foreseeable future
and there are no material uncertainties. Accordingly, the accounts have been prepared
on a going Concern basis.
Ib) Investments
Fixed asset investments are revalued to market value at the balance sheet date and the
surplu5 or deficit of this revaluation represents unrealised gains or1055e5.
The differences between the carrying value lor tost if acquired in the yearl and the
proceeds of investments disposed of represent realised investment galns or losses.
Net realised and unrealise(I gains or losses are shown as a combined figure in the
Statement of Financial Activities.
Inveslment Incorne
Investment income is accounted for on a receivable basis.
Id) Grants Payable
Grants are accounted for when they are paid.
(e) Financial Instruments
The charity has financial assets and financial liabilities of a klnd that qualify as basic
financial instrument5. Basic financial instruments are initially recogDised at transaction
value and subsequently measured at amort15ed cost Using the effective interest method.
Financial a55ets held at amortised cost comprise cash and bank and in hand. together
with accrued income. Financial liabilities held at amortised cost comprise grant5 payable
and accruals.
Page 9

GREAT PRIORY OFTHE ORDER OFTHETEMPLE
FUND OF BENEVOLENCE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
(el Flnanclal Instruments Icontlnuedl
Investments, including boT)ds held a5 part of an investrnent portfolio are held at fair value
at the Balance Sheet date. with 8ains and losses being recognised within income and
expenditure.
In Critical accountlng judgements and key sources of estlmatlon uncertalnty
In the application of the charity's accountin8 policies, Trustees are required to make
judgements. e5timate5, assumptions about the carrying value5 of assets and liabilities
that are not readily apparent from other sources. The estimates and underlyin8
assumptions are based on historical experience and other factors that are considered to
be relevant. Actual results may dlffer from these estimates.
The estimate5 and underlying assumptions are reviewed on an on-going basis. Revisions
to accounting estimates are recognised in the period in which the estimate is revised If
the revision affects only that period, or in the period of the revision and future periods if
the revision affetts the current and future periods.
In the view of the Trustees. no assumptions concernlng the future or estimatlon
uncertainty afferting assets and liabilities at the balance sheet date are likely to result in
a material adjustment to their carrying amounts in the next financial year.
GRANTS
Benevolent grants in the year were paid to the St John of Jerusalem Eye Hospital and emer8ency
grant to an individual.
INVESTMENTS
2025
2024
Market value at I September 2024
Less.. Disposal proceeds
Add: Acquisitlons at cost
Net realised and unrealised gains
Market value at 31 August 2025
888,704
815.822
(249,972) (113.435)
245,740
108,827
8,503
77,490
892,975
888,704
Cost at 31 August 2025
667,546
635.221
Unrealised Eains/llossesl amountin8 to £225,42912024: £253,483) are based on a valuation at
the year-end which is unlikely to equate to the attual gains and losses which will arise on the
subsequent realisation of those investments.
TRUSTEE REMUNERATION
No Trustee received any remuneration or reimbursement of expenses durlng the cUr￿nt or
previous year.
There are no related paity transactions in the reportlng period.
Page 10