Charity i'egistration niiinber.. 216754
Shropshire Masonic Charitable Association
AN]ual Report and FinaTrci&l Statements
for the Year End¢d 31 Decetnber 2024

Shropshire Masonic Charitable AssoeiatioTh
Contents
Reference and Adininistrative Details
Trustees, Report
2to5
Statem¢nt of Trustees, Responsibilities
Independent Examiner's Report
Stateinent of Financial Activities
8t09
Bal&nce Sheet
10
Notes to the FllMn¢ial Statements
11 to23

Shropshir¢ Masonie Charitable Association
Referenee and Administrative Detail
Trustee5
J R Weaver
R Brooks
A Cadman
A Clarke
N Garavini
B Peinberton
D P Price
P Robinson
R S Price
J P Stubbs
J D Thomas
S R D West-wynn
K March
Charity RegistratTon Numbe
216754
Prineipal office
Fi'eemasons Hall
Crewe Street
ShFew5buiy
ShTopshire
SYI 2HQ
CBSL Accountants Liinited
Rowan House North
l The Profession£tl Quaiter
Shrewsbury Business Park
Shrewsbury
Shropshire
SY2 6LG
Independent Examiner
Page I

Shropshir¢ Masonic Charilable Association
Tru5tees' Report
The trnstees present the annual repoit together with the financial stateinents of the chai'ity fo¥ the year ended 31
December 2024.
Objectives aiid activities
Objecls Niifl ffiiiis
The genei'al objects of (he Association air to increase the ainouiit, and render mol'e effective the coll￿tIOn,
applicatton and adininistt'ation ofthe funds raised in the Province of Shropshire for Mosonic and Non-masonic
charitabl¢ purpos¢S.
To achieve this two fi2nd5 have been established. called irspeLtiYely the Festival Fund, (fomerly 'Central
Masonic Charitable Fund, (Cenlrol MCF)) and the 'Shropshire Fund, (formtrly 'Shrop5hire Mastrnic Charitable
Fund, (Shropshire MCFI). The funds consisi of all donation5 and annual 5ub5criptions paid to the Association.
The allocation ratio of ieceipts between the Festival Fund and the Shi'opshtre ￿￿￿d is approved by the meillbers
at the Annual General Meetiiig of Ili¢ Association. These Funds are held as lielsef Chests by the Mk)sonic
Ch￿'Itable Fotindation.
The Funds are applied as follows..
Festival
Any oi. more of the Masonic Charitable Instimtions Inanaged und¢r the umbrella of the Masonic Charitable
Foundation (the fy4CF)'
or
Such Non-Masoni¢ charities as the members of the Association shall from time to lime decide by resolution.
Shropshire Fund
+ Foj. the Provincial Benefit-, and
Sucli Non-masoiiic charities as the men)bers of the As5Dciation shall from time to tiine decide by resolution.
In addition the Association Iiolds its own fiinds to support Shropshire based Non-masonic cliBflties and
siipporting Shropshire Fieeinasoiis and their families in financial need.
The Asso¢1atKo￿ has veiy c105e Yelationships with the various Lodges and Chapters within the Pi'ovince. The
lllcoine of the Association is derived froin the donations of the inenibers of these Lodges, together with the
subscriptions from the Lodges and Chapters.
iblic beiiefit
The trustees conssder the objeciiyes and activities of the association are of & public ben¢fiL
Th£ trustees confii'jn that they have complied with the reqiiireinenls of section 17 of the Charities Act 2011 to
have diie i'egard lo the piiblic benefit gEiidanc¢ published by the Chai'ity CO￿l￿1$s1on for England and Wales.
Page 2

Shropshire Masonic CharAtable Association
Trustee5' Report (continued)
FiiiKneial revieiv
The total incoine received by the Associatioii has increased duriE]g the yeai. from £43,915 Én 2023 to £120,171 in
2024. Thi5 in¢lud¢s legacy incoine of £31,094 in 2024 (2023 £981.
We have been abl¢ to support local non-masonie Charities and Shi'opshire Freeinasons and Ilieii. familiE5 in
f￿antial need with th¢ sun) of £13.900, which was Inade llp of £1 1,750 of donations and grants to IDcal
charities, £500 of regular &Yants and £1.650 of emergency grants. We have also given support to non-MasonÉc
Charities by Makll￿ donativn& fr()m our Shropshire Relief Chest of £14,500.
We 501d the listed investments, which were a Pennarkent endowment froin the Pointlin Forest Glen Trnst at a
loss of £30,751 (compared to the i]]￿"kEt value they wei'e hcld at 31 Deceinber 2023) and the monies received
are now held in a 95 day notice bank account.
For the year ended 31 December 2024 the Association inade a net deficit of £19,428 {2023 £23,373) &nd net
as5¢ts totalled £283,226.
The I'e5tricted fiinds have reduced by £7,858 totalling £68,530 at the year end. The Ir$tri¢ted fund is made up of
six funds..
2024
2023
Patron Fund
Festival Fund 2030 (RC)
Festival F￿rtd 2030- management
Shropshir¢ Fllnd {RC)
TLC Account
Easter Egg Appeal
19,706
9,251
29,325
46.213
15,486
3,430
10,267
992
9,690
5_$8
68,530
76,388
Poll¢y oil reserves
The Ti￿SteeS of the Associalion have adopted a reserves policy regarding the unrestricted fvnds based on a
tai'get level of reseives to maintai5) their level of charitable donations for a period of three years.
Unrestricted funds at 31 December 2024 totalled £119,620.
Ipivesliiieiilpolicji rtiid objectives
l-he returii on the fulld5 invested reinains low. The cornmittee have reviewed alternative investments which may
provide a giEatei' return, but they cai'ry a gi'eaÉer risk than the current inv¢stnieTrt5 and the coinmittee does not
feel the poterhtial Enci'tase in return wari%nls the exposure to the risk. Thei'cfore, the coininiltee intends to
continue with th¢ir ￿V¢s￿nent policy (which remains iindei. regular I'eview) tknd keep the fund5 on deposit.
Plglls for ￿t￿re periods
Aliiis rtii(Ikey objecliwesfurfiiliireperi0rf5
The Association intends io continue obtaining funding for both of it5 main fthnds and to make donations to
Masonic and Non-mosonic charitie5.
Page 3

Shrop5hire Masonic Charltable Association
Trustees, Report (continued)
Trllstees and o￿l¢tr$
The trustees and officers serving during the year and since the year end were as follows..
Trustee5'.
J R Weavei.
R Brooks
A Cadtt]an
A Clarke
N Garavini
R B Pemberton
D P Pi'ice
P Robinson
R S Price
J P Stubbs
J D Thoinas
S R D We5t~Wynn
K Mairh (appointed 10 December 2024)
Struelurel governallce amd mAiiagement
NtTlure ofgoveriilNg dociiiiieiil
The AssociatiotE UPeTdles in ac¢oi'dance with its By-Laws and is a Registei'ed Charity with the Charities
Commission in En¥land and Wltles, number 216754. 1.he i'egistered address for Ihe Assoeiation 15 Freemasons
Hall, Crewe StlEet, Shrewsbury, SY12FIQ. The business address is Dove HOL￿t, Cockshutt, Ellesmere, SY12
OJJ.
The By-laws of the As50cialion is the "Shi'opshire Masonie Charitable Association By-Laws"
Septeinber 2020.
dated 2nd
RecriilÉniÉiil ￿lid fippoiiitsiieiii of irusiees
Their ar¢ a nuinber of trustees thai have been in place for Inore than 9 years. The Associatickn are constantly
looking for new trystees, however, given the purpose and objective5 of the Association their is a lirnited market,
making new trustees difficult to find.
lii¢liietioii aiid iraliiiiig ofiriislee5
The Association has established induction procedures. New M15tees a]E givetj information on chariiy and trustee
responsibilities together with informatioii about the Associatiot), its history and its plans foi. the fiiture and its
C0Tr8titution. Includcd is an explanati021 about how the As50ciaiion's affairs ale conducted on a day-to-day basis.
New ti'ustees meet key COMI￿￿ttee meinbeTS as part of the InductEon procedure.
The Trustees are fainiliar with charity govei'ttance through other work that they do and they ensuiE the Trustee
body is updat¢d as appropriate.
Page 4

Shropshire Ma50nic Chari¢#ble Assoeiation
Trustees, Report (continued)
Orgftiilsnlio11fj151riieiiire
The Pati'on of the Association is the Provincial Grand Masl¢r.
Tlie general managem¢iit of the Agsoeiation is conducted by a cominitlee consisting of the following ex-officio
and elected Ineinbet3-
a) Ex-officio Meinbers - The Patron, Chaimian, Secretary and the Ti'easurer.
b) EleKtcd Mernbers - Five mcmbcr.E elected at (he Aiinual Genejal M¢etitLg being Charity Stewards of any
Lodge entitled to benefits of Inembership undei. the By-Laws.
The coininittee shall Ineet as ￿ld when the Chainnan may consider neccsswy or upon a requisition addressed to
the Secretsry and signed by the Patron and at least five members of the cominitlee.
At any Ineeting of the coinmittee, five Inember5 shall fom a quorum.
Rlsk fg£tor5
The trLiStees have assessed the major risks to which the Asso¢iatiotl 15 ¢xposed and are satisfied that systems are
in pla¢¢ to mitigate exposur¢ to the these risks.
Applleolloiiforfuiids
Application for assistance of the Association Inay be made through the Master and Officers of ally Lodge in the
Pi'ovsnce entitled to the ben¢fits of membership. All applications air made to the Secretary of the As50¢iation.
who shall then refer it to the committee.
The annual report was approved by the trustees of the charity on
and signed OD its behalf by:
J R Weaver
Truste¢
Page 5

Shropshire Masonic Charitabl¢ A8s0¢iation
Statement of Trustees, Responsibilities
The trustees 8Te v¢spoiigible for preparing the trustees, report and the financial slatemenis in accordance with the
United Kingdoin Accoiintiiig Standards (Unit¢d Kingdom Generally Accepted Accoun(ii)g Practice} and
appli¢&ble law and regulations.
The law applicable to charities requires the trustees to prepare finEncial statetnents foL- each fiiiancial yeai. which
give & tiue and fail. view of the slate of affairs of the charity and of the incort]ing resource5 and application of
reso(Ii¢es of the charity for thai period. In prepariDg tliese fiiiaDcig1 stalctE]ents, the trustees are L'equired io..
5elc£t Sultable a¢eDUllting policies and tlien apply thein Coiisistently.
ob5ei.ve the meihods and prtnciples iii the Charities SORP;
make judgements and estimates that are reasonable and prudent.,
stats whether &pplioable accounting standards have been followed, Subject to atky mttterial dcpartures
disclosed and explained in the financial stateinents: and
prepare the financial statements on the going con¢erTh basi5 unless it is inappropriate to presume that the
charity will continue business.
The trust¢es are responsible for keeping proper accounting records that disclose with reasonable accuracy at any
titne the fjnancial position of the ¢harity and enablc them to ensure that the f￿anCIal stateme￿t8 coinply with the
Association's By-law5, Charities Act 201 I, thc c.harities {Accounts and Reports} Regulations 2008. and the
provisions of the constitution. The trustees arc also rcsponsible for safeguardllig the assets of the charity and
hence for taking rea50nable steps for the preyention and detection of fraud and other irregularities.
The trustees are responsible for Éhe tnaintenance and ￿tegrity of the corporale and financial information
included on the Lharitable company's website. Legisl&titrn governing the piyparation and disseinination of
financial statemertts Inay differ from legislation in other jurisdictions.
Approved by the trustee5 of the Charity on ...
signed on its behalf by..
J R Weaver
Trustee
P3ge 6

Shropshire Masonic Charitable Association
Independent Examiner's Report to the trustees of Shropshire MA50nie Charitable
Association
l ￿pOrt lo the Ii'ustee5 an Jny exaininatiot) of the accounts of Shropshire Masonic Charitable Association for the
year endtd 31 Deceinber 2024.
Responsibilities and basi5 of repoi't
As the chai'ity Iru5tEes of Shropshire Masomic Charitable Association yoll are I'esponsible for the preparation of
the accounls in accordance with the I'equireinents of the CharÈties Act 2011 ('the Act,).
I report in respect of tny exaEnin&tion of the Shropshire M?sonio Charitable Asso¢iation's accounts carried out
ut]der section 145 of the 2011 Att and in cariying oul niy cxamination I have followed 211 the applicable
Directions given by th¢ Chayity CoLlltn155ion undei. section 145(5)(b) of the Act.
Independent examiner's statement
I have compl¢ted my examination. I confirin that no IDat¢rial matters have come to my attention in connection
with th¢ examination giving Ine cause to believe that in any materÉal respecr..
accoimting records were not kept iTL respect or Shrop5hire Magonic Charit&ble Association as requiiEd by
section 130 ot the Act- or
2. the accounts do not accord with those records. or
3. the accounts do not comply with the accounting I'equirements concen]ing th¢ form and content of account5
set out iii the Chai'ities (Accounts and Reports) Regulations 2008 other than any r¢quirement that the
accounts give a 'true and fair view, which is not a motter considered as part of an independent
examination.
I have no concerns and have come across no other matters in Connection wEth the exan)ination to which attention
should be draw￿ in this repoTt in Order to enable a proper understanding of the aecounts to be reached.
Louise osselton fcA
CBSL Accountants Limited
ICAEW
Rowan House North
l The Professional Quarter
Sh]rw5buiy Business Park
Shrewsblliy
Shropshire
SY2 6LG
D&te'.
Pag¢ 7

Shropshire Masonic Charitable Assoeialion
Statement of Financial Activities for the Year Ended 31 Deeember 2024
Uni*JlrictEd
funds
R¢stri¢led
runds
Endowment
ruiids
Total
2024
Note
Intome and Endowments frorn:
Don8tions and legacies
Charitable activities
Investtnent income
31,681
3,420
5,538
72,956
6,576
104,637
9,996
5,538
Total incoine
40,639
79,532
120.17
Expenditur¢ oil:
Charitable aclivities
{19,074)
(89,774)
108.848)
Total expenditure
GaiTr4losses on investment
assets
{19,074)
(89,774)
{108,848)
(30,751)
(30,751)
Net incomellexpenditure)
Gros5 transfeTS between ￿ttds
21,565
(2,3841
(10,2421
2,384
(30,751)
(19,428)
Net movement in funds
(7,858)
(30,751)
{19,428)
Reconciliotion of funds
Total funds brought forward
I'otal funds caii'ied forward
100,439
76.388
125,827
302,654
16
119,620
68,530
95,076
283,226
The notes on pages I I to 23 foT]n an integyal part of thc% financi81 stateinents.
Pagc 8

Shropshire Ma50nic Charlltable A8soeiation
Statement of FAnaueial Activities for the Year Ended 31 Deeember 2024 (continued)
Th¢ comparative Stateinent of Fii)ancial Activities for the yeai. elided 31 December 2023..
Unrestricted
Restricted
Endowjnent
funds
funds
fund5
Total
2023
Iyote
Iiicome And Endowmeiits from:
Donations and legacies
Charitable activities
Investment income
2.683
6,698
1,909
32,625
35,108
6.698
1,909
Total in¢oine
11,290
32,625
43,915
Expenditure on:
Chai'ttable activities
46,2971
(30,1651
{76.462)
Total expenditure
Gainsllosses on investmeni
assets
(46,297)
(30.165)
{76,4621
9,174
9,174
Net (expenditure)lincome
Gr05S transfers beN'een ftinds
(35,007)
(1,863)
2,460
1,863
9,174
(23,373)
Net movement in funds
136,870)
4,323
9,174
(23,373)
Reeonciliation of funds
Total funds brought forward
137,309
72,065
116,653
326,027
Total funds carried forward
16
100.439
76,388
125,827
302,654
All of the charity's activities derive from continuing operations during the above hvo periods.
The fi]nds breakdown for 2024 and 2023 is shown in note 16.
The notes on pages I l 10 23 forin an iiite¥ral p￿1 of tht5t financial stateinents.
Page 9

Shropshirc Ma50nic Charilable Association
(Registration number: 216754)
Ilalance Sheet as at 31 December 2024
2024
2023
Note
Flxed ass¢t5
Investments
12
80.996
Current aS5e(5
Stocks
Cash at bank and En hand
13
6,476
278,575
2,479
220,981
14
285,051
223,460
Creditois: Amounts falling due within one year
(1,825)
(1,8021
Net current assets
283,226
221,658
Net assets
283,226
302,654
Fund5 of the charity:
EndoW￿ent funds
95,076
125,827
Restricted income funds
Restricted funds
68,530
76,388
Unrestricted income fund5
Unrestricted funds
119,620
100,439
Total funds
16
283,226
302,654
'rhe fina
i&1 stateinents on pages 8 to 23 were appi'oved by the trustees, and authorised for issue on
J R Weaver
Tiustee
The notes oil pages I I to 23 for1￿ an inte¥ral part of these fiThancial slateinent5.
Page 10

Shropshire Masonie Charitable Association
Notes to the Financial Statements for the Y¢Rr Ei nded 31 December 2024
Aeeounling polieies
Statem¢iil of cornpliance
Tlie fsthancial stateineiits have been prepared ii) accordance with the Association's By-laws, the second edition of
the Charities Stateinetlt of Recommended Practice issued in October 2019, the Financial Repoiting Standard
applicable in the United Kingdoin and Republic of Ireland (FRS 102} ond the Charities Act 20 11.
Basis of preparation
Shropshire Masonic Charstable Association meets the definttion of a public benefit entity under FRS 102. The
accounts (fiDancsal statements) have been prepared tindeT the historical cost coiivention with items recognised at
cost or transaction value umless othenvise stated in the relevant note(s) to these a¢count5.
The financial statements are prepared in 5terlin4 which is the functional currency of the Association. Monetary
amounts ar¢ rouTkd¢d to the nedi'est £.
Going toneern
The trustees consider that there are no material unceilainties about the charÉtys abilÉty to continue as a going
concern.
IncoTt]e and endowm¢nl$
Voluntary income including donations, gifts, l¢gacies and grants that provide cor¢ funding oi. arc of a general
nature is I"ecowised when the charity has entitlenient to the incom¢, it is probable that ihe income will be
received and the amount can be ineasured with sufficient reliability.
Doiirtlloii& fftnd le8fteRes
Donation5 and legAcies are recognised orl a receiv&ble basis when receipt 5s pi'obable and the a￿o￿lIt can be
reliably ineasiired.
liivesliiteiii iitcoiiie
Interest on ft]nds held on deposit is included when r¢¢eivable and Éhe ait)ouni can bo itteasured ieliably by the
charity. this is normally upon notification of th¢ interest paid or payable by Ilie bank.Diwid¢nds are re¢ognised
once tht dividend has been declared and notification has been received of the dividend due.
Expenditure
All exp¢nditur¢ is recognised once there is a legal or coi)striictive obligation to that expenditure, it is probable
5etil¢ment is Jrquii'ed and the amount can be measured reliably. All costs al'e allocated to the applicable
expenditure heading that tggi'egate similar costs to that category. Where costs carmot be directly attributed to
paitEcular heading5 they have been allocated on a basis consistent with the use of r¢sources, with central staff
costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use.
Oiher suppoit costs are allocated based on the spread of staff costs.
Chorilfiljle uclivilies
Chai'itable expenditure eomprises those costs in¢urtTd by th¢ charity it) the delsveiy of its activities atld services
for its beneficiaries. li includes both costs that can be allocated diiECtly to such activitses and those ¢osls of an
indire¢t nature n¢cessary to suppon them.
Pag¢ I

Shropshire Masonic Charitable Association
Notes to the Financial Statements for the Year Ei nded 31 December 2024 (¢ontinued)
Support costs
Support Costs are those inciinEd in connection with oi'Enisational administtxtion and have been allocated to
activity cos¢ ¢ategori¢s on a basis consistent with the use of iesoui'ces.
Governance £05ts
These include the costs attributable to the charity's compliance with constitutional and statutoiy requireinents,
itkcluding audit, strategic management and trustees meetings and reimbursed exExnses.
Taxation
The chai'ity is c0Tr5idered to pa55 the tests set out in Pai'agyaph I Schedule 6 of the Finance Act 2010 and
therefore il tnetts the dEFinilion of a charitable ¢0inpany foi. UK corporation tax purposes. A¢cordinglyi the
charity is potentially ¢xen)pl fi.om taxation in respect of income or capital gain5 I'tceived within categories
covered by Chaptei. 3 Part I l of tlie CorpDfdtiDiI Tax Act 2010 or Section 256 of the Taxation of Chargeable
Gains Act 1992, to th¢ ext¢nt that such income oi. gains are applied exclusively to charitable putP05ts.
Flxed assct Iiivcstments
Fixed asset investimeiits. other than progTainme related investinents, are Éncluded at market y&lue at the balance
sheet date. Realised gains and losses on investinents are calculated as (he diffeience betwe¢n sales proceeds and
theii. mai'ket value at tlie start of the year, or thew Subsequent Cost, and ar¢ chai'ged or ¢r¢dit¢d to the StateEnent
of Financial Activities in the period of disposal.
Unrealised gains and losses represent the movement in inarket values during the year and are ¢iedit¢d or
chai.ged to the Statement of Financial Activities based on the InaTket value at the year end.
Stock
Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. &fter due regard
for obsolete and slow moving stocks. Cost is determined using the first-in, first-out (FIFO).
Cash and c%5h equivaltnts
Cash and cash equivalents ¢otMpfis¢ ¢osh on hand and call deposits, and other short-temk highly liquid
investments that are readily ¢onvertibl¢ to 8 known amount of cash and kwe subject to an insignificant risk of
change in value.
Fund structure
Uniestricted incoine funds al'e general funds that aTe available for use at the trustee5 diwretion in furtherance of
the objective% of the charity.
Restricted in¢oine funds are those donated for use in a paititular area OL. foi. specific puiposes, the use of which
is iestricted to that aiea or purpose.
Eiidowment fiinds are subject to specific conditions by donors that the capital must be maintained by the
Associalion.
Page 12

Shropshirc Masonic ChAritablc Assoeiation
Notes to the fiinancial Statements for the Year Ended 31 December 2024 (continued)
Finajicial instruments
Classlficffiiloii
Financial asset5 and financial liabilities are recognised when the charity becoines a party to the contractual
provisions of the i11strument.
Financial liabilities and equity ins(ruinents are cla￿lfied according to the Substance of the contractual
aiiangeinents entered inlo. An equity tn511'ument 15 any contract that evidences a resÉdu31 interest in the assets of
the charity after deducting all of its liabilitie5.
Recogiilii¢Jii aHrfnieasureiiteiil
All f￿anCIal asse¢s and liabilitÈe5 are Ènitially measured at transaction price (including kn?nsaciion costs). except
for those f￿anCIal assets classified as at fair value through pi'ofit or loss, which are itiitially measured at fair
value (which is no￿11allY the tt7n5actEon price excluding iransactlOTI Costs), unlegs the arrangement consritutes a
rinancing transaction. If an arrangement constitutes 2 financing transaction, the financial asset oi. financial
liability is measured at the pi'¢s¢nt value of the future payments discounted at & market rate of interest for A
sin)ilar debt instruinent.
Financial asbets anct Ii¢ibilities are only offset in the statement of financial position when, and only when there
exists a legally enforceable right to set atTtlie recogiiised amout]ts and tlie charity intends either to settle oil a
n¢t ba51S, Of to realise the asset and settle the Isability simllltaneously.
rinancial assets are dertcognised when and only when a) the contractual rights to the cash flows from the
finaiicial asset expire or are settled, b) the charity transfers to another pai'ty substantially &ll of the risks and
¥ewards of ownership of the financial asset, or c) the charity, despite having J'etained soin¢, but not all,
sigDifi¢ant i'isks and rewards of oMry]¢rship. has ti'anSf￿￿.ed control of the ￿Set to another party.
Financial liabiliti¢s are derecognistd only when tlie obligation specified in the contract is discharged. cancelled
or expii'e5.
Page 13

Shropshire Ma50nic Charitable Association
Notes to the Financial Statemellls for the Year Ended 31 Deeember 2024 (eontinued)
2 Income from don81ions and l¢ga¢ie5
Unrestricted
funds
General
Restricted
fuiJd5
Total
2024
Donations and legacies.,
DonatioThs fro]n individuals
Legacies
587
31,094
72,956
73,-543
31,094
31.681
72,956
lQ4.637
Unrestricted
funds
GeMeral
Restricted
fund5
Total
2023
Dot]ation5 and legacies.
Donations froin individuals
Legdcles
2,585
98
32,625
35,210
98
2,683
32,625
35,308
Donations analysed by F￿lld..
Unrestricted
funds
General
Reslrioted
runds
Total
luiid5
Donations,.
Patron Fund
Festival 2030 (RC)
TLC Appeal
Shropshire Funds - unrestricted
4.615
59,444
8,897
4.615
59,444
8,897
587
587
Total for 2024
587
72,956
73,543
Total for 2023
2,585
32,625
35,210
Legacies analysed by Fund..
Unrestricted
fllllds
General
Total
funds
Legacies I'eceivable.
Shrop5hire Funds- unrestricted
31,094
31,094
Total for 2024
31,094
31,094
Total for 2023
98
98
Page 14

Shropshire Masonic Charitable Association
Notes to the Financial Statemellt.4 for the Year Ended 31 December 2024 (continued)
3 IncoEne from charitable aetiviti¢s
Unrestrieted
funds
Geiieral
Re5trieted
fllnds
Tot21
2024
Total
2023
Regalia and related products
Festival-yelated ]nei'chEndise and
events
3,420
3,420
6,698
6,576
6,576
9,996
3,420
6,576
6,698
UnrestrÉcted
funds
General
Total
fllnds
Total for 2023
6,698
6,698
4 Investment income
Unrestricted
funds
Total
funds
Income from dividends.
Dividends r¢Leivable froin other listed investsnents
Interest I'eceivable attd similttr income.
Interest receivable on bank d¢positS
2,046
2,046
3,492
3,492
Total for 2024
5,538
5,538
Tot#1 for 2023
Pag¢ 15

Shropshire Masonic Charitable Associg4tion
Notes to the Financial Statement5 for the Year Ei nded 31 December 2024 (continued)
5 Expenditure om cliaritable a¢livitTres
Unre5tricttd
funds
GeNti'al
Restricted
funds
Total
funds
Note
Regalia and i'elated pi'oducts
Donations and grants
Festival-related meTchandi5e and events
Allocated 5UPPOrt costs
Govei'nAnce cosis
1,774
13,900
1,774
4.328
4,328
695
2,705
695
2.705
Total for 2024
19,074
89,774
108,848
Total for 2023
46,297
30,165
76,462
Unreslricteil
funds
General
Reslrlcted
funds
Tolul
2024
Total
2023
Regalia pui'chases
Direct costs- TLC
1,774
1,774
11,392
900
3.000
70,154
2,272
9,758
280
11,392
900
3,000
70,154
Direct COSt5- Easter Eggs
Donations- Patron Fund
Donations- Festival 2030 (RC)
Donations- Shropshire Fund (RC)
Donations- utire5tricted
Festival-related merchandise gnd
events
All(Kated support costs
Governance costs
5,596
54,531
40,735
13,900
13,900
4.328
4.328
695
2,705
095
2,705
662
2,628
19,074
89,774
108,848
76,462
Pag¢ 16

Shropshire Masonic Charitable Association
Notes to the FÉnancial Statements for the Year Ended 31 December 2024 (c4)ntinued)
6 Analysis ofgovernAnce and support ¢0sts
Support cusls allocated to charitable activlti&8
Administrgtion
Costs
Total
2024
Total
2023
Rent
PFintitLg, post2ge and stationery
645
50
645
50
570
92
695
695
662
Governance cosls
Unr¢stricted
funds
General
Total
2024
Tot¥l
2023
Independent examiner fe¢s
Exainination of the financial 5tatement5
Trustees Yemuneration and expenses
Legal fees
Other governance costs
1,800
835
1,800
835
1.800
406
332
90
70
70
2,705
2,705
2,628
7 Net in¢oming/outgoing r¢50urces
N¢t In¢oTnIn￿[Outgoingj restsur¢es for the year include-.
2024
2023
Loss on disposal of inveslmerits
Uftrealised gainsllosses on investment aS5¢t5
30,751
9,174
8 Trustees remuneration 8nd expenses
During the yeai. tlie charity made the following trdnsactions with trL￿tecS'.
£835 {2023- £406) of expenses were iEiinbur5ed to dui'ing the year.
One (2023 two) Inembei'(s) of the ITUStees committee was reimbursed for expenses incurred in the year. These
payments were pi'imarily for printing, p051age and stationery costs iiiciirred.
No trustees, nor any peTson$ connected with them. have received any rem(￿eratIOn from the charity dui'ing the
year.
No t￿StetS have received any oiher benefits frotn the charity during the y¢ar.
Page 17

Shropshire Masonic Charitable Association
Trlotes to the Financial Statements for the Year Ended 31 December 2024 (eontinued)
9 Staff eosts
The Association has no ¢inployee5 in the cu]Tent DI prior ye&r.
No employee received einoluinenls of more than £60,000 dursng the yea).
10 Indepelldent examiner's remuneration
2024
21123
EKaminatioTh of the financial stateinents
1,800
1,800
I l Taxation
The charity is a registered charity and is theiEfore exernpt fiom trdxation.
Page 18

Shropshire Masonic CharAtable A8soeiatioll
Notes to the Financial Slatements for the Year Ended 31 December 2024 (continued)
12 Fixed asset irEvestmenrts
2024
2023
Othei. inve51mei)ts
80,996
Otbtr Investnjents
Listed
investments
Tot*1
Cost or Valuation
At l January 2024
Disposals
80,996
180,996)
80,996
(80,996)
At 31 December 2024
Net book value
At 31 December 2024
At 31 Dcceinber 2023
80,996
80,996
13 Stock
2024
2023
Sto¢ks
6,476
2,479
14 Cash ftnd Cash equlvglents
2024
2023
Cash on hand
Cash at bank
121
278,454
103
220,87S
278,575
220,981
15 Creditors: amounts falling due within onc year
2024
2023
Accruals
1,825
1,802
Page 19

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c> 40

Shropshir¢ Masonic Charitable Association
Note5 to the Finaneial Statements for the Year Ended 31 December 2024 (continued)
The specifjc purposes for which the ￿ndS are to be applied are as follows-
The restricted ￿nd is made up of six ftjnds.. the Patron Fund, Festival Fund 2030 (Relief Chest), Shropshire
rtsnd {Relief Cl)est), the Festival Fund 2030 . management fund, the Teddies for Loving Care Account ITLC
Account) and the Easter Egg Appeal.
The Patron Fund is a discretionaiy fund for the Pi'ovincial Grand Master (PGM). The trustees decide at the
AGM how Inuch of the meinbcr8 donations are allocated to the fund.
Festival Fund 2030 (Rclicf C.hcstl and shrop￿h1I* Fund (Relief Chest} are funds received by ihe Association to
be paid across to th¢ MCF Relief Chests in respcct of the Shrop5hii'e Fund foi. future distributions 10 Shropshtre
cliaritie5 atLd the Festival Fund to 5UPPOlt Charities, Nation31 and Intemational Disa5kr Aid and io provide
a55iStance to Fainilies and Masonic tmembers. The truste¢s decide at the AGM how mllctk of the members,
donatjons are allocated to each fund.
Festival Fund 2030 management fulld - are fund5 received by the A5swiation to Inangge th¢ Festival 2030
appeal.
TLC Account is ttr fund teddy beai's given to every child in h05Pital or attending ai lo¢al accÈdertt and
emergency cenlres.
Easter Egg Appeal is to purchase Easter eggs and distribute them to disadvantsged Chilthtn its the Provin¢¢ of
Shropshire.
Endowment funds represent assets which must be held pennanently by the Association. Incoine arising OD thc
endoW1￿ent funds cAn be used in accordance with the objects of the Association and is included a5 unrestricted
income. Any capital gains or 105ses arising on tl)e assets form part of the fund.
The endowment fund is made lip of two funds: the E A S Barnes Trust and tlie Pointon Forest Glen Trust. Both
fiinds were donated to the charity to provide incoine from the investment of the funds, assets.
During the yezr the Trustees allocated £28,122 from the Patron Futhd to the Festival fuDd 2030 manageinent
fund.
17 An21ysi5 of net assets between funds
Unrestricted
fund5
General
Endoivmellt
fund5
Permanpnt
Tot21 funds at
31 December
2024
Restricted
fund5
Current a55ets
Cun'ent liabilities
121,423
(1,803)
68,552
(22
95,076
285,051
1,825
Total net assets
119,620
68,530
95,076
283,226
Unre5ti'icted
fullds
Gelleral
Endowment
funds
Ptrmanent
Total funds At
31 Deeember
2023
Restricted
funds
Fixed asset investments
Current assets
Current liabilities
80,996
44,831
80,996
223,460
1.802
102,241
(1.802)
76,388
Toial net assets
100,439
76,388
125,827
302,654
Page 22

Shropshire Masonic Charitable As50¢iation
Notes to Éhe Financial Statement5 for the Year Ended 31 December 2024 (eontinued)
18 Related party transactions
There were no related pai'ty transactions in the year.
Page 23