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## Document Details
**Filename:** L322 - Charity Accounts 31.05.2025.pdf **Client of:** Mark J Rees LLP
## Signature Details
|**Name:**|Steve Skidmore|
|---|---|
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|**Email:**|steve.skidmore@pglleics.co.uk|
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|**Date & Time:**|01/12/2025 10:55:43 AM (GMT)|
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|**IP Address:**|86.136.183.118|
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|**Signing Statement:**|Steve Skidmore agrees and approves the contents
of this document.|
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**REGISTERED CHARITY NUMBER: 234054**
## **REPORT OF THE TRUSTEES AND**
**UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025**
## **FOR**
**LEICESTERSHIRE AND RUTLAND MASONIC CHARITY ASSOCIATION**
Mark J Rees LLP Chartered Accountants Granville Hall Granville Road Leicester Leicestershire LE1 7RU
**LEICESTERSHIRE AND RUTLAND MASONIC CHARITY ASSOCIATION**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025**
**----- Start of picture text -----**
Page
Report of the Trustees 1 to 4
Independent Examiner's Report 5
Statement of Financial Activities 6
Balance Sheet 7
Notes to the Financial Statements 8 to 16
Detailed Statement of Financial Activities 17 to 18
**----- End of picture text -----**
**LEICESTERSHIRE AND RUTLAND MASONIC CHARITY ASSOCIATION**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MAY 2025**
The trustees present their report with the financial statements of the charity for the year ended 31 May 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and activities for the public benefit**
The objectives as approved at the AGM held on 30th October 2024 for the public benefit shall be:
-To support any organisation, institution or fund within wider society which is established for charitable purposes.
-To relieve sickness and preserve health, advance education and prevent or relieve poverty or financial hardship, amongst such persons as the Trustees consider from time to time deem to be in need of assistance and to the extent to which the Trustees in their absolute discretion think appropriate; and to further such other charitable purposes as the Trustees may from time to time in their absolute discretion consider appropriate.
-The Charity meets its charitable objectives though activities that either focus on support for Freemasons and their dependants ("Masonic Support") or on supporting need within wider society ("Charity Grants").
## **Activities**
The Charity achieves its objectives by awarding grants to beneficiaries. The Charity Trustees were actively engaged in both handling applications for assistance during the year from individuals in financial distress, and handling grant applications from local non-masonic charities and the Charity was pleased to be able to give much needed financial support.
## **Public Benefit**
The Trustees confirm that they have referred to the guidance contained in the Charity Commissioner's general guidance on public benefit when reviewing the Charity's aims and objectives and in planning future activities and setting the grant making policies.
The Charity does not seek to raise donations from the general public but instead relies on donations made by Freemasons, our role as a public benefactor is not always widely understood. This year we have awarded grants to over 65 locally associated non-masonic charities and it is also hoped that by displaying examples of the types of grants given on the Charity's section of the Provincial Grand Lodge of Leicestershire and Rutland website, and Social Media we will attract a wider recognition.
## **Volunteers**
The Charity is very involved in the local community and primarily relies on volunteers supported by one part time member of staff. I take great pleasure on your behalf in recording thanks to all Officers of the Charity and other voluntary staff who give so freely of their time to the work of the Charity for the benefit of all our brethren and their dependants. I would particularly like to single out for thanks each and every Lodge Charity Steward without whom the promotion of the Charity would be impossible.
Due to health issues, Nic Merrett, who served as Chair of the LRFC and was Provincial Grand Charity Steward, was forced to retire from the positions in December 2024. W. Bro. John Peberdy took over as interim Chair until W. Bro. Steve Skidmore was appointed LRFC Chairman in February 2025. W. Bro Mark Pierpoint was appointed Provincial Grand Charity Steward in April 2025.
The Board of Trustees also had several changes of personnel. I would like to thank both Nic and John for their work in their various positions.
Page 1
**LEICESTERSHIRE AND RUTLAND MASONIC CHARITY ASSOCIATION**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MAY 2025**
## **ACHIEVEMENTS AND PERFORMANCE**
## **Charitable activities**
The core activity of the Charity is to support and care for the less fortunate. With the launch of The Third Pillar Review by UGLE in December, there has been a concentration on Community Engagement and how the Charity can support this, not only through financial support but by voluntary service. The Charity encourages applications for grants from local non-masonic charities and seeks nominations from the lodges and the brethren throughout our Province of Leicestershire and Rutland. All applications and nominations are considered and reviewed by the Grants Committee who have met every quarter to consider the applications. The Committee, which reports to the Board of Trustees for approval of grants, is responsible for administering the following.
## **Local non-masonic grants**
The Grants Committee has received 85 applications for support and grant assistance, and was delighted to award 67 of these. Totalling to an amount of £118,994. £103,139 from LRFC funds and reserves, and £15,855 from Lodge funds which were matched.
## **Emergency grants to brethren**
Emergency grants totalling £700 were approved during the year to support the brethren and widows in distressed circumstances.
## **Financial, health and family support**
During the year ended 31 May 2025, 65 beneficiaries received support of over £134,303 through 40 MCF grants.
## **FINANCIAL REVIEW**
## **Financial position**
Total income for the year amounted to £118,836 and this compares with £212,396 in the preceding year. Expenditure was down at £154,124 as compared to £288,558.
The 'November Challenge' event, raised sufficient funds to support PASIC and Young Leicester as the two beneficiaries, with £5,000 and £5,500 respectively.
I would like to thank those brethren who continue to support their Charity - the LRFC - particularly through regular standing orders which are the core element of our income and has enabled us to support many local locally associated charities.
## **Investment Policy**
The Executive Committee has approved an investment policy that cash funds not required as working capital are invested to increase the level of reserves. The investment portfolio is managed by Quilter Cheviot but the Executive Committee closely monitor the investment performance. The current investment strategy is to invest in a balanced portfolio with medium risk.
## **Reserves Policy**
It is the policy of the Executive Committee to retain and maintain a sufficient sum within unrestricted funds to ensure the continuation of the Charity's work in the event of a downturn in income. As of 31 May 2025, the Association held free reserves, being unrestricted funds less tangible fixed assets, in the sum of approximately £230,000. During the year the trustees agreed a policy to reduce the reserves from the amount currently held to circa £75,000. To achieve this the charity continued to support lodges with matched funding towards nominated local charities, as well as furthering the objectives of the association. To achieve this the charity supported lodges with matched funding and through several large grants of between £5,000 and £25,000. The status of reserves will be is reported each quarter to the trustees and reviewed every 12 months.
Page 2
**LEICESTERSHIRE AND RUTLAND MASONIC CHARITY ASSOCIATION**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MAY 2025**
## **PLANS FOR FUTURE PERIODS**
We plan to continue to support those in need both inside and outside our Masonic family. The demands on the Charity are ever increasing and it is hoped that both Brethren and Lodges will continue to give generously to enable us to provide such valuable support. One of the key areas to strengthen in the coming year is Communications. The Charity needs to work to raise its profile in the community and to publicise the impact that it is achieving.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
The Charity is an Unincorporated Charity and is governed by the Rules and Regulations revised 31st January 2022.
To enable the Charity to be more identifiable locally during the year the Trustees elected to change the trading name to the Leicestershire & Rutland Freemasons' Charity (LRFC) but currently continuing to keep the name LRMCA for charitable status and banking purposes.
The Charity is managed by a Board of Trustees and under the Rules and Regulations the members of the Trustee body are elected at the Annual General Meeting. New members are recommended to become Trustees if they have the necessary skill sets which would benefit the Charity. On appointment, new members attend a series of induction sessions to make them familiar with the grant making process and their formal Trustee responsibilities.
The names and addresses of the Officers of the Charity and lodge Charity Stewards are listed in the Provincial Yearbook. They can also be contacted through the Charity Office at Freemasons' Hall.
The Charity has very close relationships with all Lodges within the Province. The core income of the Charity is derived from subscriptions, donations and collections from the members of these Lodges together with donations from the Lodges themselves. The members' subscriptions are ultimately voluntary but as members of the Province there is an expectation that all Brethren in the Province would wish to subscribe at the suggested sum of £3 a month or £36 a year. The Provincial Executive has instructed that the following statement should appear on the Summons of every Lodge :
**It is a continuing duty that every Brother should subscribe to the Leicestershire and Rutland Freemasons' Charity (LRFC) which provides emergency grants to Brethren and supports local non-masonic charities. This fact should be strongly impressed on all candidates and joining members by their sponsors.**
## **Risk Review**
The Executive Committee has examined the major strategic and operational risks which the Association faces and confirms that systems have been established to enable regular reviews to be conducted to ensure that the necessary steps can be undertaken to minimise these risks.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number**
234054
## **Principal address**
Freemasons' Hall 80 London Road Leicester LE2 0RA
Page 3
**LEICESTERSHIRE AND RUTLAND MASONIC CHARITY ASSOCIATION**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MAY 2025**
**----- Start of picture text -----**
|||
|---|---|
|Trustees|
|NS Merrett|Chairman of the LRFC (Resigned 13.12.24)|
|J Peberdy MBE|Temporary Chairman (13.12.2024 to 04.02.25)|
|S Skidmore|Assistant Provincial Grand Master & Chairman|
|PC Kinder|Provincial Grand Master|
|BS Carruthers|Deputy Provincial Grand Master (Resigned 30.10.24)|
|AR Green|Assistant Provisional Grand Master (Resigned 30.10.24)|
|DJ Page|Assistant Provincial Grand Master (Appointed 30.10.24)|
|A D R Pearse|Provincial Charity Treasurer|
|B Goodwin|Treasurer (Resigned 30.10.24)|
|J Varley|Treasurer (Appointed 30.10.24)|
|DJ Highton|Provincial Grand Almoner & Charity Secretary|
|T Dixon|Provincial Grand Secretary|
|Provincial Communications Officer (Appointed|
|R Barnett|30.10.24)|
|M Pierpoint|Provincial Grand Charity Steward (Appointed 02.04.25)|
|P Williamson|Provincial Grand Chapter Charity Steward|
**----- End of picture text -----**
## **Independent Examiner**
Mark J Rees LLP Chartered Accountants Granville Hall Granville Road Leicester Leicestershire LE1 7RU
## **Bankers**
HSBC Bank plc, 2-6 Gallowtree Gate Leicester LE1 1DA
## **Investment Managers**
Quilter Cheviot 8th Floor, 2 Snowhill, Birmingham B4 6GA
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................ W. Bro. S Skidmore - Trustee
Page 4
**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LEICESTERSHIRE AND RUTLAND MASONIC CHARITY ASSOCIATION**
## **Independent examiner's report to the trustees of Leicestershire and Rutland Masonic Charity Association**
I report to the charity trustees on my examination of the accounts of Leicestershire and Rutland Masonic Charity Association (the Trust) for the year ended 31 May 2025.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions 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 matters have come to 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 Trust 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 requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that 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 to be reached.
## **Use of our report**
This report is made solely to the charity's members. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's members as a body, for our work, for this report, or for the opinions we have formed.
Mr P Bott FCA
Mark J Rees LLP Chartered Accountants Granville Hall Granville Road Leicester Leicestershire LE1 7RU
Date: .............................................
Page 5
**LEICESTERSHIRE AND RUTLAND MASONIC CHARITY ASSOCIATION**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MAY 2025**
|Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
**86,382**
Fundraising events
3
**-**
Investment income
4
**7,163**
**Total**
**93,545**
**EXPENDITURE ON**
Raising funds
5
**8,142**
**Charitable activities**
Masonic
**9,000**
Local non-masonic
**106,127**
Emergency grants
**700**
Teddies for loving care support
**3,800**
**Total**
**127,769**
Net gains on investments
**3,435**
**NET INCOME/(EXPENDITURE)**
**(30,789)**
**Transfers between funds**
16
**(1,064)**
**Net movement in funds**
**(31,853)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**261,907**
**TOTAL FUNDS CARRIED FORWARD**
**230,054**|Restricted
funds
£
**25,291**
**-**
**-**
**25,291**
**-**
**-**
**26,355**
**-**
**-**
**26,355**
**-**
**(1,064)**
**1,064**
**-**
**-**
**-**|**2025**
**Total**
**funds**
**£**
**111,673**
**-**
**7,163**
**118,836**
**8,142**
**9,000**
**132,482**
**700**
**3,800**
**154,124**
**3,435**
**(31,853)**
**-**
**(31,853)**
**261,907**
**230,054**|2024
Total
funds
£
201,606
2,588
8,202
212,396
7,453
3,900
275,555
1,650
-
288,558
7,894
(68,268)
-
(68,268)
330,175
261,907|
|---|---|---|---|
The notes form part of these financial statements
Page 6
**LEICESTERSHIRE AND RUTLAND MASONIC CHARITY ASSOCIATION**
## **BALANCE SHEET 31 MAY 2025**
|Unrestricted
fund
Notes
£
**FIXED ASSETS**
Tangible assets
11
**980**
Investments
12
**190,056**
**191,036**
**CURRENT ASSETS**
Debtors
13
**5,000**
Cash at bank and in hand
**44,727**
**49,727**
**CREDITORS**
Amounts falling due within one year
14
**(6,672)**
**NET CURRENT ASSETS**
**43,055**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**234,091**
**PROVISIONS FOR LIABILITIES**
15
**(4,037)**
**NET ASSETS**
**230,054**
**FUNDS**
16
Unrestricted funds
**TOTAL FUNDS**|Restricted
funds
£
**-**
**-**
**-**
**-**
**800**
**800**
**-**
**800**
**800**
**(800)**
**-**|**2025**
**Total**
**funds**
**£**
**980**
**190,056**
**191,036**
**5,000**
**45,527**
**50,527**
**(6,672)**
**43,855**
**234,891**
**(4,837)**
**230,054**
**230,054**
**230,054**|2024
Total
funds
£
178
180,794
180,972
14,681
76,882
91,563
(9,526)
82,037
263,009
(1,102)
261,907
261,907
261,907|
|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. W. Bro. S Skidmore - Trustee
The notes form part of these financial statements
Page 7
**LEICESTERSHIRE AND RUTLAND MASONIC CHARITY ASSOCIATION**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value.
## **Financial reporting standard 102 - reduced disclosure exemptions**
The charity has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
- the requirements of Section 7 Statement of Cash Flows.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Voluntary income is received by way of donations and is included in full in the Statements of Financial Activities when receivable.
Subscription and investment income is accounted for in the period in which the charity is entitled to receipt.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and Fittings **- 15% reducing balance** Computer Equipment **- 33% cost**
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
continued...
Page 8
**LEICESTERSHIRE AND RUTLAND MASONIC CHARITY ASSOCIATION**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MAY 2025**
## **1. ACCOUNTING POLICIES - continued**
## **Fund accounting**
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Debtors**
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
## **Creditors**
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
## **Going Concern**
The trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements.
## **Investments**
Investments are included at their individual market values as at the year end, as advised to the Trustees by the Investment Managers.
## **2. DONATIONS AND LEGACIES**
## **3.**
|Donations and fundraising income
Gift aid
Legacies
Subscriptions
**FUNDRAISING EVENTS**
Sales of Festival Merchandise|**2025**
**£**
**35,559**
**14,433**
**-**
**61,681**
**111,673**
**2025**
**£**
**-**|2024
£
98,830
23,386
19,843
59,547
201,606
2024
£
2,588|
|---|---|---|
continued...
Page 9
**LEICESTERSHIRE AND RUTLAND MASONIC CHARITY ASSOCIATION**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MAY 2025**
**----- Start of picture text -----**
4. INVESTMENT INCOME
2025 2024
£ £
Dividends and interest from listed securities 5,827 5,432
Deposit account interest 1,336 2,770
7,163 8,202
5. RAISING FUNDS
Raising donations and legacies
2025 2024
£ £
Staff costs 3,034 2,182
Sundries 3,557 3,851
Depreciation 57 11
6,648 6,044
Investment management costs
2025 2024
£ £
Portfolio management 1,494 1,409
Aggregate amounts 8,142 7,453
6. GRANTS PAYABLE
2025 2024
£ £
Masonic 9,000 3,900
Local non-masonic 118,994 257,345
Emergency grants 700 1,650
-
Teddies for loving care support 3,800
132,494 262,895
The total grants paid to institutions during the year was as follows:
2025 2024
£ £
Masonic Grant 9,000 3,900
Non Masonic Grant 122,794 257,345
Grants for Individuals 700 1,650
132,494 262,895
**----- End of picture text -----**
continued...
Page 10
**LEICESTERSHIRE AND RUTLAND MASONIC CHARITY ASSOCIATION**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MAY 2025**
## **7. SUPPORT COSTS**
|Local non-masonic
Support costs, included in the above, are as follows:
Wages
Sundries
Depreciation of tangible fixed assets
Independent examiners remuneration|Governance
Other
costs
Totals
£
£
£
**8,737**
**4,751**
**13,488**
**2025**
2024
Local
Total
non-masonic
activities
**£**
£
**7,079**
**5,091**
**1,524**
**8,986**
**134**
**27**
**4,751**
**4,106**
**13,488**
**18,210**|
|---|---|
## **8. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 May 2025 nor for the year ended 31 May 2024.
## **Trustees' expenses**
During the year, travel costs of £Nil were paid to Trustees (2024 - £Nil).
## **9. STAFF COSTS**
|Wages and salaries
The average monthly number of employees during the year was as follows:
Employees|**2025**
**£**
**10,113**
**10,113**
**2025**
**1**|2024
£
7,273
7,273
2024
1|
|---|---|---|
No employees received emoluments in excess of £60,000.
continued...
Page 11
**LEICESTERSHIRE AND RUTLAND MASONIC CHARITY ASSOCIATION**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MAY 2025**
**----- Start of picture text -----**
10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - 31 MAY 2024
Unrestricted Restricted Total
fund funds funds
£ £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 135,676 65,930 201,606
-
Fundraising events 2,588 2,588
Investment income 8,202 - 8,202
Total 146,466 65,930 212,396
EXPENDITURE ON
-
Raising funds 7,453 7,453
Charitable activities
Masonic 3,900 - 3,900
Local non-masonic 201,400 74,155 275,555
-
Emergency grants 1,650 1,650
Total 214,403 74,155 288,558
-
Net gains on investments 7,894 7,894
NET INCOME/(EXPENDITURE) (60,043) (8,225) (68,268)
Transfers between funds (7,746) 7,746 -
Net movement in funds (67,789) (479) (68,268)
RECONCILIATION OF FUNDS
Total funds brought forward 329,696 479 330,175
TOTAL FUNDS CARRIED FORWARD 261,907 - 261,907
**----- End of picture text -----**
continued...
Page 12
**LEICESTERSHIRE AND RUTLAND MASONIC CHARITY ASSOCIATION**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MAY 2025**
## **11. TANGIBLE FIXED ASSETS**
|Fixtures
and
Computer
fittings
equipment
£
£
**COST**
At 1 June 2024
**673**
**6,031**
Additions
**-**
**993**
At 31 May 2025
**673**
**7,024**
**DEPRECIATION**
At 1 June 2024
**495**
**6,031**
Charge for year
**27**
**164**
At 31 May 2025
**522**
**6,195**
**NET BOOK VALUE**
At 31 May 2025
**151**
**829**
At 31 May 2024
178
-
**12.**
**FIXED ASSET INVESTMENTS**
Cash and
Listed
settlements
investments
pending
£
£
**MARKET VALUE**
At 1 June 2024
**164,998**
**15,796**
Additions
**14,952**
**-**
Disposals
**(9,125)**
**-**
Net investment gains
**1,370**
**-**
Movement in investment cash
**-**
**2,065**
At 31 May 2025
**172,195**
**17,861**
**NET BOOK VALUE**
At 31 May 2025
**172,195**
**17,861**
At 31 May 2024
164,998
15,796|Totals
£
**6,704**
**993**
**7,697**
**6,526**
**191**
**6,717**
**980**
178
Totals
£
**180,794**
**14,952**
**(9,125)**
**1,370**
**2,065**
**190,056**
**190,056**
180,794|
|---|---|
Fixed assets outside of the UK at the year end totalled £94,418.
If investments had not been revalued they would have been included at historical cost of £163,519.
continued...
Page 13
**LEICESTERSHIRE AND RUTLAND MASONIC CHARITY ASSOCIATION**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MAY 2025**
**----- Start of picture text -----**
13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Other debtors 5,000 14,681
14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Trade creditors 857 868
Other creditors 5,815 8,658
6,672 9,526
15. PROVISIONS FOR LIABILITIES
2025 2024
£ £
Provisions 4,837 1,102
16. MOVEMENT IN FUNDS
Net Transfers
movement between At
At 1.6.24 in funds funds 31.5.25
£ £ £ £
Unrestricted funds
General Fund 261,907 (30,789) (1,064) 230,054
Restricted funds
- -
The November Challenge (1,064) 1,064
TOTAL FUNDS 261,907 (31,853) - 230,054
Net movement in funds, included in the above are as follows:
Incoming Resources Gains and Movement
resources expended losses in funds
£ £ £ £
Unrestricted funds
General Fund 93,545 (127,769) 3,435 (30,789)
Restricted funds
-
The November Challenge 9,436 (10,500) (1,064)
- -
Match Funding 15,855 (15,855)
-
25,291 (26,355) (1,064)
TOTAL FUNDS 118,836 (154,124) 3,435 (31,853)
**----- End of picture text -----**
continued...
Page 14
**LEICESTERSHIRE AND RUTLAND MASONIC CHARITY ASSOCIATION**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MAY 2025**
## **16. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|**Unrestricted funds**
General Fund
**Restricted funds**
2022 Festival Donations
Christmas Collections
The November Challenge
**TOTAL FUNDS**|At 1.6.23
£
329,696
410
69
-
479
330,175|Net
movement
in funds
£
(60,043)
-
-
(8,225)
(8,225)
(68,268)|Transfers
between
funds
£
(7,746)
(410)
(69)
8,225
7,746
-|At
31.5.24
£
261,907
-
-
-
-
261,907|
|---|---|---|---|---|
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General Fund
**Restricted funds**
The November Challenge
Match Funding
**TOTAL FUNDS**|Incoming
resources
£
146,466
11,775
54,155
65,930
212,396|Resources
expended
£
(214,403)
(20,000)
(54,155)
(74,155)
(288,558)|Gains and
Movement
losses
in funds
£
£
7,894
(60,043)
-
(8,225)
-
-
-
(8,225)
7,894
(68,268)|
|---|---|---|---|
**Unrestricted Funds** comprise those funds which the Trustees are free to use in accordance with the charity's objects.
**The November Challenge** comprise funds received from a digital donation event which is used to support specific charities.
**Match Funding** comprise funds received from brethren which is used to support many local charities.
continued...
Page 15
**LEICESTERSHIRE AND RUTLAND MASONIC CHARITY ASSOCIATION**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MAY 2025**
## **17. CONTINGENT LIABILITIES**
In previous years the Trustees pledged several grants to be funded from unrestricted funds. Grant commitments in respect of such pledges are recognised in the accounts when payments are probable. However, if it becomes clear that such payments are only possible, then such commitments are not recognised in the accounts but are classified as contingent liabilities.
As at 31 May 2025, in combination with grant pledges made in previous years, the Association's total contingent grant liability amount to £7,300 (2024: £12,500).
## **18. RELATED PARTY DISCLOSURES**
**----- Start of picture text -----**
||||||
|---|---|---|---|---|
|Relationship|
|with|
|Connected Entity|Association|Transaction|2025(£ )|2024(£ )|
|Freemasons' Hall (Leicester) Limited|Joint Control|Rent|4,600|4,600|
|Freemasons' Hall (Leicester) Limited|Joint Control|Bible|0|630|
|Freemasons' Hall (Leicester) Limited|Joint Control|Office costs|969|322|
|Freemasons' Hall (Leicester) Limited|Joint Control|Fundraising|951|900|
|D Highton|Trustee|Office Costs|0|166|
|At the balance sheet date the Association owed the following sums to related parties.|
|Connected Entity|Association|2025(£)|2024(£ )|
|Freemasons' Hall (Leicester) Limited|Joint Control|5,457|5,468|
|During the year the Association received the following donations from related parties:|
|2025(£ )|2024(£)|
|Aggregate donations received from related parties with conditions attached.|0|0|
**----- End of picture text -----**
Page 16
**LEICESTERSHIRE AND RUTLAND MASONIC CHARITY ASSOCIATION**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MAY 2025**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations and fundraising income
Gift aid
Legacies
Subscriptions
**Fundraising events**
Sales of Festival Merchandise
**Investment income**
Dividends and interest from listed securities
Deposit account interest
**Total incoming resources**
**EXPENDITURE**
**Raising donations and legacies**
Wages
Sundries
Depreciation of tangible fixed assets
**Investment management costs**
Portfolio management
**Charitable activities**
Grants to institutions
**Support costs**
**Other**
Wages
Sundries
Depreciation of tangible fixed assets|2025
£
**35,559**
**14,433**
**-**
**61,681**
**111,673**
**-**
**5,827**
**1,336**
**7,163**
**118,836**
**3,034**
**3,557**
**57**
**6,648**
**1,494**
**132,494**
**7,079**
**1,524**
**134**
**8,737**|2024
£
98,830
23,386
19,843
59,547
201,606
2,588
5,432
2,770
8,202
212,396
2,182
3,851
11
6,044
1,409
262,895
5,091
8,986
27
14,104|
|---|---|---|
This page does not form part of the statutory financial statements
Page 17
**LEICESTERSHIRE AND RUTLAND MASONIC CHARITY ASSOCIATION**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MAY 2025**
|**Other**
**Governance costs**
Independent examiners remuneration
Total resources expended
**Net expenditure before gains and losses**
**Realised recognised gains and losses**
Realised gains/(losses) on fixed asset investments
**Net expenditure**|2025
£
**4,751**
**154,124**
**(35,288)**
**3,435**
**(31,853)**|2024
£
4,106
288,558
(76,162)
7,894
(68,268)|
|---|---|---|
This page does not form part of the statutory financial statements
Page 18