STAFFORDSHIRE MASONIC CHARITABLE ASSOCIATION REGISTF.RF.D CHARITY NO. 220032 5 SHAW PAR1 SHAW ROAD WOLVERHAMPTON WVIO 9LE FINANCIAL AccouNfs- YEAR ENDED 31- DECEMBER 2024
RDSHIRE MASO HARITA8LE YEAR EN DE EM8Eft 2 Genewal Desi8natsd General Totsi Fund5 Fund5 2023 conti1tIonsfrorn Lodys Invemrnent Incum Donion5 and Leiacies IrKomeTax Tec0Ed 6.983.35 29.203.36 3WOO 1,354.10 8.337 45 29,203 36 12.137.90 27.3>5.66 9S9 29 40,4.12 8S DlreL1ChJrifablè EKpendlture Granrs4nd Dtynations Purcha5eof Teddy 8EarS Other Expendliure Manalement an0Ministration of ChJriiy S,140.rKJ 566.66 5.240. 566.66 13.7filfjD 3.918.18 7,196.51 7.196.5L 23.4l6.26 TtstalResources ExpendEd 13,m3.17 13.W3.17 et IrIMI1(60[nSj Rè5fyJrces 23.483.$4 1.354.10 24,837.64 1661.S91 Oeque5tslorde518natÈdfurtd5 10,651.5a 10.6SI.53 214.38Q24 GJlDSIILo$5esl on ItNestrnent5 Rea115ed Unre4li%Ed Dm 12.281.62 12.281.62 17.2Z&65 NetMoyernl In Funds 46.416.69 1,354.10 47.770.79 230.945.30 Bal?nre5 rou8ht Forwa 868.405.82 36.203J3 9)4.EQ7.65 673.662 35 Balances a5 Bal•rvSheet Y14.82D.51 37.557 93 952.378.44 904.607.65
HARifAB EMOEA 2024 BA AT 202¢ GÉWÉRAL FUP4DASS Computer Equipment 62 fA) 909.108.16 909.170 16 78.00 886.175 01 886.E53 01 rreniA5sets 5undr¥ Debtor5'.. Inland Revenue forTJ* RepayrntS Owed by Aibaretum (QUt Credit due From Care Bear purchJ5e5 O¥erhe3d allocatlDn conirol:. Provinoal Grand Lodge of 5taflordshire C¥sh at Bank..- Sener3lAccDunt Annuiiants, 1.811.00 45.00 324 86 2.945.78 3.026.48 34.05L.79 2.257.75 OOD 20.341 56 2.997.75 28.50 28,574 95 0.00 0.00 1.819 72 150. 8,24D 59 5uDdty Credltor Sundry Credltor IHWKI Dverh?adalhc4tiDn conirol. Prownyal GraThl Lodgeol siaHorththire Annuitant5 forArnDunt5 Payab 000 39.255.32 948.42S.48 18.354.64 460765 37,55793 3S.Z0383 868.403 82 904 607 65 Geneial Deg8naied Fjnd STA RDSHIRE MASONII CHARITABLE A NOTESTO THEA NT MT 2 FIXEO ASSETS OF THE GENERAL F ND Market Value at 315t DeiÉmbpr2D2 AcgUlSitlon5 atcostl Sale prtsiÈÉd5 886.175 01 10.S51 53 0.00 IZ.28L.6I 654.568.11 214.3W.24 NerGaln5 1 ILosse51 on RevaluatiDn at 3tst D¢0mr 17.12665 s20.2 40 809.4IO 87 TM NT Gross Incorne liorn' DNidends IromGovernmentSe(ufities Interest Irorn Bank balarKesetc 29.20a is 29.203.a6 27.335.66 27.335.66 ATI Donations eic TH RA J(JD 00 .53F 45 8.fi37 45 959 29 12.1119 SMCAattts
TAFF ROSHIRE MASONICCHARITABLE ASSOCL4TION NOTES TOIHE ACIOUN NTNuED De518nated Restre0 Fund5 FuDd5 DIR HA ITA RAtITS AND MA50NIC GRANT 5.240 OD Total Grant5 and Donation5 5.240 OJ 13.7fn LN) DADM I.(1.52 4.701.34 1566.351 3.061 52 4.701.34 20.042 44 2.831.52 542 30 Mana8ement C05t5 Total Mana8emem andAdminlstiatlort Costs Management Costs include. PrintiN4and 5tatiDnery. P05tage.Telephone. Eouipment Mèintenanceandcornputer E¥r*nses Totèl Co 5ts 2024 7 TOIALRESOURCES EXPENDEO OIRECT CHARITA6LE EXPENDITURE 5.240 5.24D.CI) 566.66 5.806 66 13.760 frty Net Costs olTeddv8eètS¢heme S.8 66 17.678 LB OTHE9 EXPENDITURE hl•nagement and Administration Df theChaFItv 3.L1.52 4,134 99 9.941 6 7.196.51 23.416 26 41.094 44 STAFF COSTS 3,051 S2 3.061 $2 20.002 44 Socièl Securrty C05t5 20.042 44 The?e[e Thurnberof Employees ènatysed by luncrii>n w35. Manag2ment and AdrninistrJtion of thecharity 8 COST OF AUDrt ANO OTHER FIN ERVICES-. SMCAèict5
TAFF ARrtABLE A CONTINUED OCIATION TE THEACCOUNTS 9 SUMMARY OF FUN MowwneTrt In Movement In Resoyrce ENERAL AE 'A' Fund IGNATED FUNDS B)laDtes at Movemeht in iesouit*s Intomin8 AppliEd to '8, Fund 368.357.37 80.Om. s.oN. s.ow. 60,000. IIS,666.21 ?0,.00 214,380.24 44.786 51 9.l36.51 404.W7 37 80.WO. 5,QKN).(KI S.(.00 60.0(K>.00 115.781 37 10,OOD(X) 225,D31 77 The Paiker BeQUt Joan AIrt ge4uÈ>t Thew J ElsMe[e Beque51 The Norèh Mitchell BÈque5t Estste ol W 810 ft A MtDèimèid CookeBequest Teddies Lowwcare SthemE 3.415 L6 3.300.OD X 966 66 566.66 I).J03 L7 868,lQ3.82 904.60165 60,773 96 952.378 44 ID rHE EX THEN RAH KIIT 2023 M4Tket Book athet Book INVESTiIENTS idland & GeneFalCharibond Quilter Chevlot ICookeaciLwJTht intCa5h t0rdl5trilio1 Qtsiltercheviot 185.395 79 180.347.I9 Z25.03177 361.591fj0 350.CK)O LK) 772,Ql8 56 755.378 96 18G.250AI 214.380.24 356.953 757.584 07 I80.347.19 214,380.24 350,100 744.727.43 11 N RAH D INVESTMEf4T 024 12.308.47 3.680 17 6M16.95 25,000.LK) 2023 Carlan Elertlic & General TtU5t 16.134.02 Unit5 HderSOn Eutope)n Focus Trust I,ISOOrdinary50p shales Hender5Dn Fixed nterest Monihtyint4mÈ Fund 20,4W Units MidlJfflLI& General 5ecufitie5charilund ?.393 Unif5 Cash held (Jn depDsltlor Investment TOTAL EQ.720.38 19.895 OD 3,561.84 35.234.53 52.887.32 20.067.50 3.618.96 a4.339.31 12.3W.47 3.W.17 6.016.95 15.(KK).00 17,677.85 64.6B3 44 137.089 60 64.683 44 I28.5.94 AS BANNCE SHEET 909,L08.16 a20.062-lJ 886.17S 01 809.410 87 SMCAacct5
STAFFORDSHIRE MASONIC CHARITABLE ASSOCIATION REPORT OF THE COMMITTEE OF MANAGEMENT The Slaffordshire Masonic Charitable Association has pleasure in presenting the Report of the Committee of Management and the Audited Financial Statements of the Funds of the Association for the year ended 31" December 2024. The Funds of the Association are used to make distributions lo applicants for charitable purposes. whether for Masonic Charities or olhenNise, The Association was founded in January 1871, and the governing instruments under which the Association Dperates comprise the Rules rnade from time to lime by the Association's Management Committee and approved by the Members. OBJECTIVES: The object of the Association is to render effective the collection, application and adminislralion of the Funds raised in the Masonic Province of Slaffordshire for charttable purposes. whether for Masonic Charities or othetwise. LEGAL STATUS.. The Association is a Registered Charty number 220032. PRINCIPAL President Vice Presidents FFICERS.. W.Bro. David W Philips PSGD W.Bro Dr. Michael S. Rawle PSGD W Bro Raymond J Haynes PJGD W.8ro. Dr. Matthew Gibbons PAGDC Secretary Solicilors FBC Manby Bowdler LLP, 6-10 George street, Vvolverhampton. WV2 4DN Independent Examiner Oavid J Wheatley Felk)w of the Institute of Chartered accounts in England and Wales {FCA} 5 Robin Close, Huntington, Cannock, Slaffordshire. WS12 4PQ. Bankers Lloyds Bank Plc, 28A Hh Street, Tellenhall, Wolverhampton. WV6 8QF. The constitution of the Committee of Management is stated in Rul8 6 of the Rules to the Associats"on. ACCOUNTING RESPONSIBILITIES OF THE MANAGEMENT COMMirrEE. The Committee Is fequired lo prepare Financial Accounts fof each year that give a true and fair view of the stale of the Associabon's finances at the end of each year. In preparing these Financial Statements the Committee is required to select suitable accounting F)olicies and apply them consislenlty. to make judgements that a reasonable, and lo ensure that applicable accounling standards have been followed. The Committee is responsible for keeping proper accounting records which can disclose the finanThal position of the Association al any lime, is responsible for the safeguarding of the Assets of the Association. and for taking reasonable steps for the prevention and detection of irregularities in Ils affairs. The funds Df the Association are lo be Invested in accordance with the Provisions of the Trustees Investments Act 1961. Any surplL¢S which may anse on the sale, realisab'on or maturity of any non-earmarked Investment shall be allocated lo the 'B" Fund of the Associatson. As far as the Accounts for the year ended 314 December 2024 are conTrrned, the Committee reports as follows.'- Inrorne for the "A. Fund amounted to £1.3S4 leaving £37,558 to carry forward to next year "B" Fund: The lotal income of the 8" Fund amounted lo £38,487 Grants of £5,240 were made as well as contributions lo Teddy Bears Fund £567 Management Costs for the Association amounting lo £11,149 were paid Under the Rules required by the Charity Commissioners the Accounts, included Unrealised Gains on Investments of£12,282 and a bequest of £10,651 creatsng an Account Surplus of £42,464 This is added to the Accumulated Balance on the "B" Fund, which now stands at £910.867 including £510,813 on Bequest Fund
SMCA Grants The SMCA '8, Fund Istaffordshire's local fund) made granls lolalling £5.240 which included payments made under Discfelionary and Special Rule 12.b grants as well as payments to masonic recipients not currently eligible for assistance from the Masonic Charitable Foundation. Joseph and Doris Parker Bequest: The Committee has again directed that the income derived from the invested funds should be used for the benefit of the Association's"B" Fund during the year under review Permanent 8e uests". Joan Al inBe uest Income from this bequest has been allocated equally between the "A. and °B° Funds in accordance with the wishes of the Donor. A.E.Blundell Be uest Incotne from this bequest has been allocated lo the "B. Fund in accordance wilh the wishes of the Donor. R.A.McDamiaid Be uest Income from this Bequest has continued to be applied towards the running costs of the "B. Fund in accordance with the terms of the Will. W.J. Ellesmere Be uest Income fiom this bequest has been allocated to the "B. Fund in accordance with the terms of the Will. Norah Mitchell Minerva Lod e Trust Fund The Income earned by this Trust Fund during the year amounted lo £3,41 S.16 The income of the Fund will be applied in accordance with recommendations of the represenlalives of Minerva Lodge No. 1942 after approval by the Committee of the Association. A,A. Cook Be uest The Income and capital of this bequest is lo be applied to the Hospice Movement over a period of years, to be determined by the Trustees. and in accordance with the wishes of the donor. Other Matters.. The Secretary gave the Report on the activities of the Associalion which had been presented lo the Annual Meeting of Provincial Grand Lodge. The thanks of the Association are due lo the staff for their continued valuable work in the last year. The Committee acknowledges with thanks the generosity of the brethren and the continued support given by Lodges. Chapters and other Orders in Freemasonry. Thanks. are again due to Charity Stewards and Almoners for their loyal service lo the Association. Signed on behalf of the Association David W Philips Presidenl
STAFFORDSHIRE MASONIC CHARITABLE ASSOCIATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE ASSOCIATION To the Trustees of the Staffordshive Masonic Charitable Association I report to the trustees on my examination of the accounts of the fir)ancial statements of the Slaffordshire Masonic Charitable Association for the year ended 31° December 2024. Responsibilities and basls of Report As the charity Iruslees of the Slaffordshire Masonic Charitable Association, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 {'Ihe Act'i I report to the Trustees of my examination of the Staffordshire Masonic Charilable Association's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Direction5 given by the Charity Commission under section 145{5){b) of the Act. Independent Examiner's Statement I have completed my examination. I confirm that no material mallers have come lo my attention in connection with the examination giving me cause to believe that in any material respect.. 1. Accounting records were not kept in respect of the Staffordshire Masonic Charitable Association as required by Section 130 of the Act,. or 2. The accounts do not accord with those records. or 3. The accounts do not comply with the applicable requiremenls conceming the form and conlent of the accounts set out in the Charities (Accounts and Reports} Regulations 2008 other than any requirernent the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts lo be weached Signed. Name.. David J Vwhealley Fellow of the Institute of Chartered Accounlan15 in England and Wales {FCA) Address. 5 Robin Close Huntington Cannock Staffofdshire WS12 4PQ 25, June 2025