2021-12-31-accounts

	**Note **	**Un restricted **	**Endowment **	**Total **	Total
				**2021 **	2020
		£	£	£	£
**Income and endowments from: **
Donationsandlegacies		4,078		4,078	_401,318 _
Investments		36,636		36,636	_29,958 _
**Total **		40,713		40,713	_431,276 _
**Expenditure on: **
Raisingfunds		1O,170		10,170	_9,144 _
Charitableactivities	3	114		114	_29,386 _
**Total **		10,284		10,284	_38,530 _
Netgains/(losses)oninvestments	4	77,923	37,560	115,483	_48,095 _
**Net income/(expenditure) **		108,352	37,560	145,912	_440,841 _
**Net movements of funds **		108,352	37,560	145,912	_440,841 _
**Reconciliation of funds: **
Totalfundsbroughtforward		1,187,742	525,474	1,713,216	_1,272,375 _
**Total funds carried forward **		1,296,094	563,034	1,859,128	_1,713,216 _

1	**ACCOUNTING POLICIES **
a)	**Accounting convention **
	ThefinancialstatementshavebeenpreparedinaccordancewithAccountingandReportingbyCharities:Statement
	ofRecommended PracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancialReporting
	StandardsapplicableintheUKandRepublicofIreland(FRS102) (effective1January2015)-Charities SORP(FRS
	102).
	Thetrustee continuestoadoptthegoingconcernbasisinpreparingthefinancialstatements.
b)	**Charity Information **
	TheCharityisatrustwhichisapublicbenefitentityregisteredasacharityinEnglandandWales(charityno.
	210165).ltoperatesfromFreemasons'Hall,60GreatQueenStreet,London,WC2B5AZ.
d)	**Investment income **
	Dividends areaccountedforbasedonincomenotifiedbytheinvestmentmanagers.Intereston bankdepositsis
	accountedforonanaccrualsbasis.
e)	**Resources expended **
	Resourcesexpendedareincludedinthestatementoffinancialactivitiesonanaccrualsbasis,inclusiveofany
	irrecoverableVAT
f)	**Income tax recoverable **
	Income taxrecoverableisaccountedforonanaccrualsbasis.
g)	**Financial instruments **
	GrandSecretaryDiscretionaryFundhasfinancialassetsandfinancial liabilitiesofakindthatqualifyasbasic financial
	instruments.
	(i)Listedinvestments,includingfixedinterestsecuritiesandcashheldforinvestment,aremeasured atfairvalue
	throughincome andexpenditure accountsandare reported attheirmarketvaluesatthebalancesheetdate.
	(ii)Otherfinancial instruments,whichcomprisebankandcash,debtors,othercreditorsandaccrualsareinitially
	recognisedattransactionvalueand aresubsequentlymeasured atamortisedcostusingtheeffectiveinterestmethod.
h)	**Taxation **
	NotaxationispayablebytheGrandSecretary'sDiscretionaryFund asitisabletomakeuseofthetaxexemptionson
	incomeandcapitalgainsavailabletocharities.

	**2021 **	2020
	£	£
Grantstoindividuals
Grantstocompany		_29,389 _
	o	29,389

**INVESTMENTS **
	**2021 **	2020
	£	£
MarketValueat1January2020	1,602,563	_1,136,788 _
Netinvestmentintoportfolio	26,465	_417,680 _
Netgains/(losses)oninvestments	115,483	48,095
MarketValueat31December2021	1,744,511	_1,602,563 _
Investmentsatmarketvaluecomprise:
UKBonds	287,554	_213,850 _
OverseasBonds
UKequities	547,401	_554,348 _
OverseasequitiesandAlternatives	852,449	_675,730 _
Sub-total	1,687,403	_1,556,919 _
Cash	57,108	_45,644 _
MarketValueat31December2021	1,744,511	1,602,563
Historicalcostat31December2021	1,279,316	_1,188,286 _