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||**Note**|**Unrestricted**|**Endowment**|**Total**|**_Total_**|
|---|---|---|---|---|---|
|||||**2024**|**_2023_**|
|||£|£|£|£|
|**Income and endowments from:**||||||
|Donations and legacies||7,000||7,000||
|Investments||30,761||30,761|_31,738_|
|**Total**||37,761||37,761|_31,738_|
|**Expenditure on:**||||||
|Raisingfunds||10,502||10,502|_9,851_|
|Charitable activities|3|14,000||14,000|_66,071_|
|**Total**||24,502||24,502|_75,922_|
|Netgains/(losses) on investments|4|61,941|26,678|88,619|_54,836_|
|**Net income/(expenditure)**||75,200|26,678|101,878|_10,652_|
|**Net movements of funds**||75,200|26,678|101,878|_10,652_|
|**Reconciliation of funds:**||||||
|Total funds broughtforward||1,189,842|506,825|1,696,667|_1,686,015_|
|**Total funds carried forward**||1,265,042|533,503|1,798,545|_1,696,667_|





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||**2024**|**_2023_**|
|---|---|---|
||£|£|
|Grantsto Charities|o|46,000|
|Disbursementsto District Grand Lodges|14,000|20,000|
||**14,000**|**66,000**|





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|**INVESTMENTS**|||
|---|---|---|
||**2024**|**_2023_**|
||£|£|
|MarketValue at 1 January2024|1,673,542|1,543,208|
|Net investment into portfolio|20,207|75,498|
|Netgains/(losses)on investments|88,620|54,836|
|MarketValue at31 December2024|1,782,369|_1,673,542_|
|Investments at marketvalue comprise:|||
|Bonds Fund|326,220|_323,706_|
|Equities andAlternatives|1,405,850|_1,303,474_|
|Cash|50,299|_46,362_|
|MarketValue at31 December2024|1,782,369|_1,673,542_|
|Historical costat31 December2024|1,398,384|1,454,543|



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