Charity regi¥tr•Oon nnbor 216754 SHROPSHIRE MASONIC CHARITABLE ASSOCIATION ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
SHROPSHIRE MASONIC CHARITABLE ASSOCIATION LEGAL AND ADMINISTRATIVE INFORMATION Th18tg•s J R Weaver R B Pernberton A Cadman P Robinson N G8r8vlni D Foulke$ DPPrico S D Aucott D J Kettle R Brotsks P Mills S Wlson A Clae ChaY nUMr 216754 Ind•p•ndont •xamlnor Dyke y¥ey Limited 1 Brassey Road Old Potts Wdy Shrewsbury Shropshire SY3 7FA
SHROPSHIRE MASONIC CHARITABLE ASSOCIATION CONTENTS Pag• Tnsstees, report Independent examlnef$ report Statent of finanual activities Balance sheet Notes lo the financ4al statements 9-19
SHROPSHIRE MASONIC CHARITABLE ASSOCIATION TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 Th¢ truslee$ prèsent their annual report and financial st8temenls forthe year ended 31 Dernber 2022. Tho finanual $talemenls have been ppared in accordanc8 With the accounting policies oul li note 1 to the financial statements and compty wrth the Asswation's By4aws. the Charities Act 2011 and 'A¢¢ounling and Reporting by Charitie$= Statement of Recornmended Practice applicable lo charities preparing their accounts in a¢¢ordance with the Finaneial Rèporting Standard appltsble in the UK and Republic of Ireland {FRS 1021 {effective 1 January 2019}" Obj8clive$ and a¢tivi1Ses The genèral objects of the A9¢atIOn are lo Ina$? th¢ aTrKiunt, and Tender more effectivè th& collection. application and administralion of Ihe funds raised In th$ Province of Shropshire for Ma50nic and M0MaS0n1C charitable purpo$&$. To achieve this funds have been established, called respectivety the 'Cenlral Masonic CharItae Fund. Icential MCFI and 'Shropshire Masonic Charitable Fund, Ishropshira MCF). The funds consist of all donatn5 and annual Subscriptions paid to the Association. The allocation ratio of re¢&ipls behyeen the Centr81 MCF and Shropshire MCF 13 approved by the members at theAnnual General Meeting ofthe Assocaation. The Funds are 8ppliod as follows.. C9ntral MCF For and on bohalf of.'- i. Any or MO of the Masonic Charitable Institutions managed under thg umbreNa of the Mascsnic Ch8Tilable Foundation {Ihe MCF)- OR l. Such m0M8$0n1C charities as the mèmber8 ofthoAssoc4ation shall from time to time de¢id& by rgsdLrtion. Shropshire MCF For'.- . The Fts1101 Benefft., AND ii. TheAs8ociation'$ worf(ing expenses fund. The trust88s hav8 paid due regard lo guidan¢o issued by the Charity Commission in de¢KliNJ what activities the Assoaation should undertake. The tru51ees consider ihe objg¢tive$ and aclivities of the assouatfon are of a publi benefit. Thg AssorAal*)n has very close relationships vrith thè various Lodges and ChaptW5 Mthin the Pwnce. As stsled above, tha Income of the ASSWaOn is derfved from the nalOn$ gf Ihe members of these Lodges, tO98thar with the subscriptions from the Lodges and Chapters. A¢hl¢¥ements and perfonnance The Shropshire Masonic Charitable Association has maintained ils fo$ on raSsing fvnds for the 5UPPOrt of Shropshire based non masonic ¢harTiie$ and supporting Shropshire Freemagons and thèir fAmilios in ffinarKial need.
SHROPSHIRE MASONIC CHARITABLE ASSOCIATION TRUSTEES, REPORT (CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2022 Flnancial r•view l am pleased lo report that Iheie has been a very healthy gain in overall Income, up by 183°A IcalculalKn made net of investments}. We have bèen able lo support local non-masonic Charities wllh the sum of £36,400 from the £40,000 Precept. The invèstménts held on behaifof the Pointon Forest Glon Trust have shown a decrease tn value of 10% ¢ompaf•d to an increase of 12•A in 2021. This dec¥ease in value reflects the markgts at the time, and is due lo a revaluation of the Inveslmenls to market value as al the year end. Tha rstri¢tad fund has increased by £7.782 from £69,073 to £76,855. The restricted funtl is made up of five fd$. Central Fund General ICFGI Coronamvus Emeryen¢y Relief Fund {CERFI Lloyds Festival 2030 RC F8stival 2030 Teddies for Loving Care Appeal (TLCI EasteT Egg App¢al £44,318 £nil £4268 £19,321 £7.676 £1272 Contrdl Fund General ICFGI The CFG is a discretionary fvnd for the Provincial Grand Mast8r (PGMI. In 2022. it was agreed trj reduce Ihe fund Cap from £40,000 to a cap of £20,000. the residual being transfeThed lo the ShTopshire Fund at th& start of the rinanual ye8r of 2023. Coronaviru5 Emeryency Relld Fund (CERFI Coronavirus EmeTg8ncy Relief Fund of £1.567 ha$ b8en redu lo zero, wrth thè funds bgirg senl to the Shréwsbury Food Hub. Festival 2030 The Lloyds and RC Fest81 Fund 2030 is to raceive and manage in a cost4ffe¢tive manner, th8 donations to the 2030 Festival in support of the Frmason$ Grand Charity lone of our four Ma8oni¢ Chares). T•ddio• lor Loving C•r• ITLCI TLC continues at pace and is very popular, but unfortunalety Costs con1inuè to ris8.' the Bears have iisen in pr by 57Vo and shipping has gone through Ihe roof. It was reported last year w w&r& expeding to distribute 2,400 hospital bears in 2022, in fact we disth"buled 3,888. We are now askn'ng ALL Lodges to c(mtribute £2CKJ each- Th8 SMCA will also be donating all commissions lo this most popular proiecl. Easter Egg Apptal The Easter Egg Appeal stsrted In 2021 for the purpose of buying easter gS and dislribvting them lo disadvantaged children in the Provin¢9 of Shropshire. It was believed the sum of £500 would be required lo fund the obledive. and an appeal went out as Such, raising tho incredible sum of £2,295. The puid)8sg of the eggs in that first year were £558, this year £690 was spent and the fund was reduced to £1,272 whi¢h will be carried forward. Endowment Fund• Th& endowment funds represant pemianent endowments donated lo be administered by the A8soThation, the income from which is expended in accordance with the lerrns of the TMSL Endowment fund$ decreased to £116,653 Ot 31 December 2022. from £124,856 in 2021. Unrestrf¢tod Funds Unrestricted funds lots1 £261.452 at 31 December 2022 (2021.. £156.8431. RosoThes policy Th$ trustees of the Assory3ti()n have adopted a rèserves policy regarding the unrestricted funds based C a target level of resèrv85 to maintain their level of charitable donations for a period of three years lat ¢urr&nl r*es, a lolal of £120,000>. To this end, the Iruslee5 consider that the exi$ling reserves are adequate forthls purpose.
SHROPSHIRE MASONIC CHARITABLE ASSOCIATION TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Inv•stm•nt Policy The relum on the funds invested remains low because of the inleresl rates prevailing, wch remain¥d al an historic low for some tirne, atthough there are signs that interest ratès may start to increase in the ntsl-l0d1Stènt future. The committee have reviewed allernalive investments which may provide a greater retum. but they carry a greatgr risk than the Cent investments and thg committee do8s not feel the potential in¢reastt in r&tum warrants the exposure lo the risk Therefore. the committee intènds to continue wth their investment policy Iwhith remains under regular review) and keep the fijnds on deposit. RiJk F*ctorn The trustees have assessed the malty risks to which the Association 18 exposed. and arg satisfied that systems mie in Flace lo mitigate exposure to the major risks. Plan8 for futum p•rlod$ The Association tntends to continue obtaining ndIng for both of its main funds and lo make donal1cS lo Masonic and Non-Masoni¢ Charl•$. Structur•. gov•rnancg aTTd man4gem•nt TheAssocialion operates in accordance with its 8y-Laws and is a Rogistgrgd Charity with the Chaiities Commission in England and Wales, number 216754. The registered address for the Assoryation is Dove House, Ccthhutt, Ellesmere, SY12 OJJ, whilst the business address is Freemasons HaS1, Crewe SL. Shrewsbury, SY12HQ. The 8y-law$ of t Association is the 'Shiopshi Masoni¢ Charitsble Association By-Law8', dalgd 2Th1 Septembèr 2020. The trustees who Seed during the year and up to the dote of si9nature of the fin8noal sl819ments were.. J R Weaver R B Pemberton Acadman P Robinson N Garawni D Foulkes DPPrfce S D Aueott D J Kèttle R Brooks P Mills S Wl$on A Clarko There are a number of trustee5 that have been in plac8 for more than 9 yoaTS. The Asso¢io1ion are constanuy looking for nèw trustees, however, given the purpose and obpdiv•$ of the Assouation there is 8 limited matl(et. making new tru8lee$ dfficult to find.
SHROPSHIRE MASONIC CHARITABLE ASSOCIATION TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DEGEMBER 2022 . The PatrN. Cnthyon. S¢(¥¢i•ry ar me TreaJrer. Ffv• ntnknrs •b6catrJ ai P•)rual Gfrrtornl SwqnJi Lc490 enthd to c4 munbl¥P widqr lh• Ibe Sevelary •Th) S%n•U ih¢ Patro? •Trtt al l•asl liv• mombwi ol Inductlon •nd IAlnlng of I#1• r•btuDaD Iju0 .$ •n eyF4ona1i •DDUi Ihe 4ssQGof'I •ff• ry ar• ts)no&déd a d•y4¥Y bJsl•. Th• T61885 •re faliw Mlh OIIW VKk #i 40. •nd rny ToJ•t•• Mty L as aoprowl)i• APCl0 for Ivnd• th• m•y )• mK• th• Mi•w •np L¢tyi IJ to th[4 ol ffi#ffibgrfbp. Al •r• rn S•u•tsry ol 4K• shall lIn f•fer r ¢0 IM wryit• Thr lfy51••8' rnFX wns •pprgvthl bylhD 8oar¢ OITTho8. JRW•gv
SHROPSHIRE MASONIC CHARITABLE ASSOCIATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SHROPSHIRE MASONIC CHARITABLE ASSOCIATION I reptsrt to the tru$te¢s on my examination of Ihe financial stalernenls of Shropshire Masonic Charitable Association Ithe AssorAalionl forthe year ended 31 De¢ember 2022 which are set out on pages 6 to 19. Re*pon¥iblitie$ and b48b ol v•port As the trusleos of Ihe Association you are responsible for the preparation of the financAal statements in aC[don¢e with the requfvments of thg Charities Act 2011 (the 2011 Aca). I report in respect of my examinalw)n ol the Asso¢iotion's finanrAal statements carried out under s8dion 145 of the 2011 A¢L In carrying out my exafflinalion I have follow¢d all thg applicable Llirections given by the Charity Commsssion under section 14515llbl of the 2011 Act. Indopend•nt exanwnerfs siatement I have completed my ex8minalion. I conffirm that no matters have come to my att8nlM)n in conne¢ticffj with the examinalion giving me cgusè to bèlievè Ihat in any material respect= accounting Teix)Ids were not kgpl in respeGI of the A$$0ty8ln as oquired by section 130 ofthe 2011 Act.. or the finan¢ial ststèments do not accord with those records.. or the financial slalements do not cornply with the applicable requirements conceming Ihe fom) and content of acwunls Sèt out in the Charities IAcc4)unls and Reports) RegtJlation$ 2008 other than any requ1ment that tho accounts give 8 true and fair vigw which is not g matter ¢onsider¢d a$ part of an independent examination. I have no concerns and have come across no other matters in Comection with the èx8mination to which attention should bg drawn this report in ordor 1¢ en4ble a proper undarstanding of the finanaal stslemonts to be reached. Mark Grffiths FCA Dyk• Yaxl•y LThited 1 Brassey Road Old Potts Way Shrevrfsbury Shropshire SY3 7FA Dateil.. 19 April 2023
SHROPSHIRE MASONIC CHARITABLE ASSOCIATION STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022 Currnnt financial y•ar Unrestrictod R8strict•d End¢)wment funds funds funds 2022 2022 2022 T)tsl Total 2022 2021 Nots Income from: Donations and legacjes Charitable aCtlI1eS Investrnent5 141.319 4.883 2.371 17,231 158,550 4,883 2.452 $6,054 1.135 1.520 B1 Talal Income 148,573 17.312 165.885 58,709 ndlturn on: CharitatAe activities 43,485 10,029 53.494 46.411 Net gaSnslOoKg$1 on investm8nls 8.2031 182031 Not Incomlngl{outgolng) mources b•lor• transfgrs 105,108 7.283 8.2031 104.188 20.844 Gross transfers between funds {499) 499 M•t mov•mont In funds 104,609 7,782 18.2031 104,188 20,844 Fund balan$ at 1 January 2022 156,843 69.073 124.856 350,772 329.928 Fund balancgs t 31 D•¢¢mb•r 2022 261,452 76.855 116,6S3 454,960 350,772 The slalemenl ol financial activities includes all gains and losses reeognlsed In Ihe year. All Income ond expandilure derive from continuing ttle$.
SHROPSHIRE MASONIC CHARITABLE ASSOCIATION STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 ior financial y¢ar Unr•$tri¢l•d Rwtricted Endovmnt funds funds fund• 2021 2021 2021 Total 2021 Notos Income from: Don81ions and rega&$ Charitablè aclivilies Inv8stm8nts 38,934 1,13S 1,520 17.120 56,054 1,135 1,520 Total income 41,589 17.120 58.709 ndlturo on: CharitaNe actiirities 39.478 6,933 46.411 Nel g•inslOo$ss) on nvestments N•l incomingl{outgoingl re•our¢es fOr• tranhr 2.111 10,187 8.546 20,844 Net mov•mont In lund• 2,111 10.187 8,548 20,844 Fund balan$ al 1 January 2021 154,732 58,886 116.310 329,928 Fund balancgs at 31 00Mber 2021 156,843 69,073 124.856 350.772
SHROPSHIRE MASONIC CHARITABLE ASSOCIATION BALANCE SHEET AS AT 31 DECEAIBER 2022 2021 Flx•O ••••l• 1• 11 12 C•th •nrt In hbryl ?86 138 274.122 386.138 274.¥ ¢Mdi¢•r•: •fflounl I19 du• wlthln 13 (3.(KKI) 13.3751 383.138 270.74T a54.960 350.772 ¢••l fvnd¥ 14 116.653 t24. Ih¢•m• Ivnd• 15 16.855 2UI d52 69.073 156.843 350 772 13 4 ~11025 fir4rK¥•l st•*fft•nts w•r• wy0¥ lryth• TnAl•os¢mTr... J R Yl•ov Trul
SHROPSHIRE MASONIC CHARITABLE ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Accounting polici Chaty inftmiatlon The Shrop$hire Masonic Charitable Association, also known as the SMCA, is registeTed wlh the Charity Commisston England and Wale3, reglstration number 216754. The registered office of thè Assoryatlon Is Dove House, Co¢kshutt. Elle5m8re. SY12 OJJ, whllsl the business address 1$ Freèmasons Hall. Crewe St., Shrwsbury. SY12HQ. 1.1 A¢¢ounting ¢on¥•ntSon The financAal statemen15 have been prepared in accordance I1h tho assoaation's by-1$, thè Charitias Act 2011 and "A¢counting and Repoln9 by Charities.. Statement of Recommended PractKE applicable lo ¢harrtles preparing their accounts in )rdance with the Financial Repotbng Standard applicable in the UK and Republic of Iroland {FRS 102) leffectNe 1 January 20191" The assocaation is a Public Benefit Entity as defId by FRS 1(r2. The assouats'on has taken advantag8 of the provisitsns in thé SORP for charitses applying FRS 102 Update BltIn 1 not to prepare a Statement of Cash Flows The financial Statements ar8 prepared in sterling, which is the functional rrenCY of th8 Association. Monetary amounts in these financial slaternenls are roundod lo the nearest £. The ffinawal $latemenls have been prepared under the historical ts)st ¢onv8nlion, untess othe1$• stated In the relevant accounting policy notels). The prfnupal accounting policies adopted a sel out below. 1.2 Going con¢em At the time of approving the finanrAal stslements, the Iw$lees have a reasonable axpectation that th8 Assocralion has adequate rÈsour£s to continue in oper8tional existence for the fore5eeabl• futurè. Thus the trustees continue lo adopt the g¢ing concem basis of accounting in pparIng the financial slaternents. 1.3 Ch•rltsble fuftds Unrestricted funds ale avaiLqblg for use al the dlscrellon of th9 trustses in fvrther8n¢¢ of their ehaiitabl& objgGtIVg5. Shropshwe MCF was the sole unre51ricted fund in year. RestrKted lunds are Subject to $peafic conditions by donors as lo h¢)w thgy fflay be used. The pWPo and uses of Ihg restricted fvnds are Set out in tho notes to the fin8n¢ial statements. Membership donations are allocated by Ihe Irusleg$ {annuallyl to a restricted fund CtraI MCF, the fuThYs 8xe then used in accordance with the fvnds purpose. Endown*nt fvnds arfj subject to specrfjc condilions by donors that the ¢apit81 mLtst be maintaird by the Asso¢K8lion. 1A Incom• In¢ome is rerA)gnised when the Assoryation is legalty enlilled lo li after any pèrtomiance o)ndilk)ns havè baen rnel, th¥ 4mounts can be measwed reliably, and it is probablè that Sn¢om& will bè received. Cash donatK)ns are recognised on rec¥ipl. Oiher donations are re¢ognis&d once the Assodat¥)n has been noliffied of th8 donation. unless perfomiancg ¢ondilions require deferral of tha amount. Income tax recoverab in rèlation lo donations received under Grft or deeds of covenant is recogni5ed wh&n receivedlclaimed. Legac5 are re¢ognised on receipt N otheISe 111he Associalion has been notffled of an impending distribution, the 8moLJnt IB known, and receipt 15 expected. If the arnount is not known, th• l•gacy is treated as a c•Jntingonl asset.
SHROPSHIRE MASONIC CHARITABLE ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (coKfiNUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Accountlng polici IConOnu•d Debtors ale reownlsed at the seltlement amount due after any di$wunt offered. 1.5 ExpendSture Resouiees expended are anatysed btheen the dofferent categories of expenditure as follows.. Donations paid in fUrthe1ar of the charivs objectives include donations lo other MasorM¢ charflies, Masonic thorities and individual benefiaaries. Support and govamance costs are those Incurred in connectign with organisab.onal administration ond complian¢e with constilutional and $tstutory requirements, sel out in the notes to the acci)unts. Creditors are re¢ognis8d where the charrty has a present obligation resulting from a past event that wll probably result In the transfer ol funds to a third party and the amount du8 to sethe the obligation Can be measured or estimated reliably. cditorS and prowsions are normally re¢ognised al their setllernenl amount. 1.6 Flxgd $•t ImYe$tm•nts Fixed asset inveslments arg inrfmlly measured al transactK)n pri¢¢ gxduding transaction costs. and subs8quentty measured at lair value at each reporting date. Changes in fair value are recognised in net incomel(expenditurel forihe year. Tr8nsa¢tion costs are expensed as incurrgd. 1.7 Cash and cash equiv•ltnts Cash and cash equivalents indud& cash in hand. deposrts held at cau with banks. other short-lerm Iiqukl Invgslments with original maturilias ol thr88 months or less, and bank overdrafts. Bank overdrafts are shown vAthin borrowings in current habilites. 1.8 Flnanclal In¥trumwts The ASsoall0n has eledad to apply the pro$10n5 of Section 11 'Basic Financial Instruments, and Saction 12 'Olher Finan¢ial In$lriAnents Issu85' of FRS 102 to all of ts financial inslrurnentS. Financial inslrumènls are renISed in the Association's balan¢e sheet when th8 Assoaation becA)rnes party to Ihè contractual prowsions of the instnjment. Financial assets and liabilities are off5el, wlh net amounts presented in the fln8nwl statements. when there is a legally enforeeable right lo set off the regniSed amounts and there is an intention to $eltle on a net basis or lo realise the asstrl and sgttle the liability simultaneousty. 1.9 Employee beneffts Th& ¢ost of any unusèd holiday entillement is rocognised in the perfod in whith the employee's seThices ¥r¢ re¢gived. Termination benefits arg fecognised imm0that¢ as an exp8nse when the As$ociation is demonstrably committed lo t•miinalè the employment of an empl¢)yee or lo provide teminalitin benefll8. 10-
SHROPSHIRE MASONIC CHARITABLE ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2022 Donation¥5 and l•g4¢1g4 Unrn¥trl¢t•d RtrIcted fund8 fund¥ general 2022 Total Unrestri¢tsd R8strided funds ffiJnd5 general 2021 Total 2022 2022 2021 2021 Donations and ft$ Legaries re¢oivabl8 41.319 100,000 17,231 58,550 100,000 38.734 200 17,120 55.854 200 141,319 17,231 158.550 38,934 17,120 56.054 Dontlons and gifts Central Fund G8neral Lloyd$ Festival 2030 RC Festival 2030 TLC Appeal Easter Egg Appeal Shropshire MCF 2,850 4.272 5.075 4,809 225 2.850 4.272 5,075 4.809 225 41.319 2,425 3,770 4,6CKJ 4,030 2,295 2,425 3.770 4,600 4.030 2.295 38,734 41.319 38,734 41.319 17,231 38,734 17,120 55.854 During the year, Ihe assorjation re1v•d notification of a legacy (from J E PIAtt). however, the final amount h8$ nol been spec4fied and the b'ming ofthe (stribulion is unknown. Logaci•g r•ceivab Shropshire MCF 100.000 1W.C(KI 200 200 10CI,000 1(KI,IXKI 200 200 Charitlble attfvltles Shropshlre Shrop¥hir• MCF MCF 2022 2021 Merchandise 4,883 1.135
SHROPSHIRE MASONIC CHARITABLE ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2022 Investments Umstri¢t•d R•gtrided funds funds general 2022 Totsl Unrestricted frjnds general 2021 2022 2022 Deposit interest Dividend wicome 539 1,832 81 620 1,832 1,520 2,371 B1 2,452 1,520 Charftsble activibes C¢ntrl Fund TLC Appoal East•r Egg Shrop$hir• Gener•1 Appeal MCF 2022 2022 2022 Totsl 2022 Totsl 2021 2022 Mer¢han4Ytse Direct Costs Donations 852 852 8.274 40.055 77 4.933 7,584 690 1,755 38,300 1,755 7.584 39,152 49,1B1 40,470 Shar¢ of support costs (see N)te 61 Share of govemanee cosls {s99 note e) 3.075 3.075 4,361 1,238 1,238 1,580 1,755 7,584 69D 43,465 53,494 46.411 Ansl* by fund Unrestrict8d funds- general Restricted funds 43,465 43,4fj5 10,029 39.478 6.933 1,755 7,584 690 1,755 7,584 690 43,485 53,494 46.411 12-
SHROPSHIRE MASONIC CHARITABLE ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Charltable activitigs Icontlnue For tho yoar 0ndèd 31 Doc•mb•r 2021 Contral Fund TLC Appo41 Ea$tsr Egg ShropshiTe G•n•Tal Appeal MCF Totsl Z021 Merchandise Direcl Costs Oonations 77 77 4.933 35.460 4.375 556 2,000 33.480 2.000 4,375 558 33.537 40.470 Share of support costs (see note 6) Share of governance costs lsetr not 4,361 4.361 1.580 1.580 2.000 4,375 39.478 46,411 Anatysis by fund Unrestricted funds- general Restri¢ted ndS 39.478 39.478 6.933 2,000 4.375 558 2,000 4,375 558 39.478 46,411 13-
SHROPSHIRE MASONIC CHARITABLE ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2022 Support ¢0gts Support Gov•m•n¢• costs 2022 Support G0MIne• co8ts eosts 2021 PrInUn$t4b9neryfyeaI book Rent A¢winlancy fees 162 570 162 570 2,343 1,616 371 2.374 1,616 371 2.374 Audit fees Indepondgnl examination Secretaryreasurer expenses 1,ryJO 1,000 750 750 580 560 3.075 1,238 4,313 4.361 1,580 5.941 Analysed belween Charitable ¥tivities 3,075 1.238 4,313 4,361 1,580 5,941 Tho trustees have decwjed lo meet 81 g0veman and 5upporl costs from unrestricted funds and so no allocation c¥ ¢harge is made lo restrided funds. Gov8rnance costs in¢kJdes amounts payable to the auditors of £750 for independent examlner fee$12021- £1.000 for audrf). Trustee8 A totsl tyf £4881221.. £580} was relmbursed to members of the trustees committ99 in the yeaf12021: o). These payments were priffArify for prinling, w$tage and stalionery c051s int%rr¥d. No member5 of the committee or anyone connected lo them have I1ved, or are due to receNe, any remuneration for the year dire¢tty or indirectly from theAOallOnS. funds (2021.. none). EnWoy• The average monthly number of employees during th8 year was.. 2022 Nmtr 2021 Number Totsl There were no employees whose annual remuneration was more than £60,0(M). 14-
SHROPSHIRE MASONIC CHARITABLE ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 Net galnblllosse¥l on inv¢slm•nts Endowm•nt Endowment funds fund5 2022 2021 Ravaluation of investments 18.2031 Th& revaluation 5$ based on a market value dated 31st D8¢omb8r 2022 from the London Stock Exchange, which is subjed lo change under market conditions. 10 Fixed *$tset Inve8lmgnts Listed Inv•8tmants Co•t orvaluatlon Al 1 January 2C122 Valuation chang•s 80,025 18,2031 At 31 December 2022 71,822 C4rylng amount At 31 Decambat 2022 71.822 At 31 December 2021 80,025 11 D•btors 2022 2021 Amounts lalllng due wlthln ong y•ar: Other debtors 1W.(X]O 12 Cash at Bank 2022 2021 Lloyds Bank- Current a¢¢wnt Lloyds Bank- S81es account Lloyds Bank- F&$tival ManagementA¢¢ount Relf Che$t- Shropshire MCF Relief Chest- Festival 2030 Cash Tin- Cash Sal&s 155.109 1,942 191,447 1,286 109.612 19.321 149 72,148 9,126 130 286,138 274.122 15-
SHROPSHIRE MASONIC CHARITABLE ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 13 Crodllors: amounts f•lllng due within on• year 2022 2021 Accruals and deferred income 3.000 3,375 14 Endowm¢rt fd5 Endowment fijnds represent ass8t$ which musl be held pemanently by thè Assoc¢ation. In¢ome arfsln9 on the endowment funds can be used In accordance with the objects of the Association and 15 induded as unreslrfcted inGomp. Any capital gains or lo85 arising on th8 asse15 forn part of Ihe fund. Balan¢• •1 R•v•lu•¢lons l January galn¥ 2021 1088gB Balance at Rwalu•ii¢)n$ 8aTanco at I hnuary galng aThd )1 Do¢gmbqr 2022 2022 penI gndowm•nts EAS Barne$ Trust Pointon Forost Glen Trust 32.873 83.437 32,873 91.983 32,873 B3.780 8,546 {8.2031 118,310 8,546 124,856 (8,2031 116,653 The endowment fund is made up of fund$, Ihe E A S Bames Trust and Ihg Pctinlon Forest Glen Trust. 80th funds were donated to the charity lo prride income from the investment of the fvnd$ a$8Ot$. 16-
ro DJ rfj ¢0 L flii. i iii 17J ¢0 Lrj U)Or
Z5 *? r 4) CLJJ 4ry t4 LL VIry "Éw E .£RLU
SHROPSHIRE MASONIC CHARITABLE ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2022 17 R•lat•d party transactions A number of the Agsoclalknn's trustees are trustees of other thare$ which have re¢eived donattons from the Assoclallon. Th9re were no 0th8T disc105ablo related paty transaction5 during the year {2021- none). 19-