REGISTERED CHARiff NUMBER: 263137
Roport of th• TN•t•o8 and
Flnanclal Slatoments for tho Year Ended
31st March 2023
Tho Masons Company Charltabl• Trust

The Masons Company Charltable Tn￿1
Contonts of Flnancial Stat•m•nts
for th• year endod 31st March 2023
Pa98
Rewrt of the Trustses
1to3
Independent Examiners Report
Statemenl of Flnanclal Actfvitl85
Balance Sheet
Notes to th8 Flnanckl Ststements
7t010

THE MASONS COMPANY CHARITABLE TRUST
Annual Ro
ort for the
ear ended 31 March 2023
Th8 Masons Company Chartlab16 Trust is a Registered Charity No. 263137.
The Trustses during the year to 31st March 2023 were'.-
Mr Mr P Hynard
Chairman, Appolnted 22n¢ March 2021
Mr W.J.Gloyn
Deputy Chaiman, Appointed 4th October 2018
Mr M.E.Macdonald
Appointed 9" October 2018.
Mr C.D.Bryce
Appointed 26th March 201 g
Rl.Rev.J.M.R.Baker Appointed 26, March 2019
Mr D.W.Neill
Appoint8d 8th October 2019
Mr R.A. Wllllams
Appointed 22nd March 2021
Mr M.J. Low
Appolnted 5" July 2022
Mrs H.K.W. Pryke
Appointed 5th July 2022
The Trustees ere appointed by The Court of Assl$l8nls of The WorshSpful Company
of Masons. and the Trust is administered by Miss Jolanla Glas and the treasurer Mr
Mark Macdonald at 8 Lillle Trlnity Lane, London, EC2V 2AN. The baslc accountlng Is
done by Mlss Jolanta Glass and the production of the flnal accounts by Mr Mark
Macdonald with advic8 Iwh8r8 ne¢gssaryl from Grenfell James Assoc18tes Limited of
3 The Courtyard, Timothys Brldge Road, Strattord Upon Avon, Warwickshire, CV37
gNP.
The stockbrokers to the Trust are J.M.Finn & Co Ltd at 25, Copthall Avenue. London
EC2R 7AH, whose Partner responsible for the Trust's portfolio is Mr Mark Powell.
They also m8n8ge investments on behalf of The Worshipful Company of Masons.
If an occasion arises wh8n18gal advice is requlred, on an 8d hoc basis this would be
sought from Rooks Rider Solicilor8, ChalSoner House, 19 Clerkenwell Close, London.
EC1R ORR.
Structure, Govornanc• and Managom•nt
Under present procedur68 11 is understood that new trustees nomally serve for
period of five years, with a possible extension for a further period of two years.
The Trustees continue to monitor their exposure lo risk. For example, risk has been
miligated using intemel banking arrangements by ensuring that The Chairman of the
Trust, four other Trustees and the Administrator can separately view account details
at any time.

Objectives and Activiti98
The objects of the Trust are:.
(i) the relief of poverty
(li) Ihe advancement of education
(iii) the advancement of religion and
(iv) Such other legally d)8rilable purposes as the Trustees shall frcffn time to time by deed
executed with their unanlmous consent dedare.
The Trustees meet fomally four times 8 year and rA)nsuli infomally as often as
necessary. They discharge their duti8s by monltoring their investment portfolio aTrJ
arranging for the incom8 to be donated to charities and other organisations arKI
events supporting Natural Stone and City of LorKlon interests.
The Trusle8s a￿ mindful of thè requirement to ènsure that the Charity has objectives
that are applied for public benefit. The twsl makes grants lo appropriate bodies that
care and foster many of Britain's most historic buildings which are constructed of
stone as well as organisations that care for the peopl8 who carry out maintenance of
Such buildings. In today's society, the public has a clear wlsh to preserve such
buildings and create new on8s. but this is under threat through 18ck of funding to
support the tralning of stonemasons. The Charitable Trust seeks to help allevial8 Ihls
problem. The Trustees therefore have no hesitatbn In claiming that the publlc
receives benefit from ils adivities.
The Trustees are also endeavouring lo fund ston8 related projects that Involve young
people of school age and whbch are likely lo encourage Ihem to take an interest in
ston8, stone carving and our County's building heritage perhaps 188ding them into
progre8sing a career In St0￿mas0nry or stone carv1￿.
Achlevoments and PerfomMnc•
Th8 Trust made grants of £30.858 in the financlal year 2022-23 (£38.282 for 2021-
22). Rellgious buildings were beneflclaries of £5,750. the Lord Mayor of London's
Charity Appeal was supported by a grant of £1.000. In addition. 8s a resull of
promoting our schools outreach project, grants were made of £4,500 to support
schools and organisations that encourage young peopl8 to become involved in stone
carving. A number of specific day and haff day sessions were run and more are
planned. Further minor grants within the compass of the Trust Deed of £19.608 were
made during the course of the year.
Efforts contlnued to increase the income of The Trust by encouraging members of
The Livery Company io make regular donations.
Financial Review
The Trust Funds are invested in trustee securitss on the advice of J M Finn & Co
Ltd. Stockbrokers, vtho also manage the investments of The Worshipful Company of
Masons. Investment incom8 for the year totalled £16.580 against £16,869 the
pr8viou8 year.
Investrnent aims and objectives provided to J M Finn & Co Ltd have an overall
obj8clive to seek a combined retum from income and capital adopting a medium risk
portfollo with no specffi8d minimum percentage of low risk investments. In order to

meet the obiectsve the Trustees have selecled a discretionary managed portfollo
service. The Irustees have also agreed to use 70Yo ￿SE Alkshare Index130% FfsE
UK Gilts Index (totsl retum) as a Gomparator.
The Charity maintains sUffI￿ent reserves in cash to caryy out our charitabSe giving
during the year. W8 hold a wide variety of equty investments that Can be called upon
rf necessary.
The Charitsble Twst owns the Free1￿ld Interest in a block of flats at Haven Green,
Ealing and its share of the ground rent income VRS £15.O¢x) during the year. In
addition a licence is in place for a telecommunication mast on the rC￿)f of the building,
generating additional annual income of £2,100. From time to time lease extensions
ar8 granted that resutt in premiums being received by the Trust.
Overall income including that from Bank Deposits, Rents and various Livery
Company donations was £37.936 (£29,113 in 2021-2022)
Plans for Future Periods
The Trustees, as well as continuing their current policy of grants. intend to continue
increasing support for education81 projects that introduce young people to stone masonry
particulady through the school's outreach program wtth taster days run by cathedrals and
other educational organisations. The Trustees continue to support the Livery Company's
involvement with The Weald and Downland Museum, and are expanding the ￿mM[tinent
at The Ironbridge Museum.
On behatf of the Trustees
Date
2S.to. 13

orshl
Icom
Mas
Cha
Indopgndènt gxamln•rs Report to the Truste￿ of Th• Mason• Company CharFlable Trust Ith•
Tmst)
We report on the a￿￿nts of the Tnjsl for the year ended 31￿ IAarch 2023, are set out on pages 5
109.
R•spèctlve r•sponslbilili8• of trust0￿ and oxamlnor
The charity's trustees. ¥re responsible for th¢ preparation of the 8cLounts. The chari￿s trustees wnsld8r
that an aud51 Is noi requlTed thbs year under sectiC￿ 144121 of the Charities Act 2011 (the 2011 Act) and
that an independent ￿MinatiOn 18 needod.
11 l¥ our rnsponsibility to:
examine Ihe accounts under srfuon 145 of the 2011 Ad,
to follow the piocedures laid down in the general DIred1¢y￿ glven by ihe Charlty Crynmlsskjn undèr
section 145(5Xbl of the Act,. and
to stste whether particular maittys have lo att•nlOon.
Ba818 of Ind•p•nd•nt Ex*mln•rn R•port
Our examin8llon was carried out In acc(Kdan¢o vAlh the general glven by the Chadty
Cornmisslon. An examinatlon Indudès 8 re￿8W of th8 •C￿nting re¢onls kept by the charlty and a
comp8rison ol the accounts presented wlth those ￿llIs. 11 also indudes conslderallon of any unusual
Items or disclosure$ In the accounts, and se8klng explanations from you as Imslees concerning any
such matters. The pro¢edures undertaken do not provkle all Ihe evldence that would ba rgqulièd In em
audll, and consequgnlly no opInSc￿ Ss given as to whather the accounts present a Irue and fair vSew' and
the report Is Ilmll•J to Ihose matters set out Sn th8 statemonl bebaf.
Ind•p•ndont Examln•r• St•t•m•nt
In connecllon wlth our examination. no m8tter has come lo c4Jr 8ttenllon'.
111 whlch 9Sv6¥ us reasonable cause lo bdievo thal In any malerfal Tespect the r6qu0rnm￿ts'.
to keep a¢coun¥ng records In ¥¢￿)￿18nce with 8ectton 130 of the 2011 A¢l'. and
to pr8par8 accounts whlch 8CCOT(17thth thè 8￿ntift9 rgv)rd$ and compty wlth the accountlng
requ1￿mentS of the 2011 Act,
h8ve not been mel.
121 lo whlch, in our opinlon, attwllon 8houKI ￿ drawn In or¢ler to enabl¥ ¥ proper undèr8tandlng ol th8
a￿ounts lo be reached.
We have no con¢ems and have come aeross no othgr mallets in connecllon with the ex8mination lo
whlch attèntlon shtyjld be drawn in this r•port In cKder lo enable a proper understandlng of the accounts to
be reached.
B P Woodward FCA
2 ￿rS Close
Bledington
Oxon
OX7 6UA
D Reg8
Thakes
33 The Street
Manuden
CM23 1DF
Dale..

The Masons Company Charitablo Tn*l
Statement of Financial kuvities
for the year ended 31st March 2023
2023
Total
fund
2022
Total
funds
Notes
INCOMING RESOURCES
Incomlng resources from generated funds
Voluntary income
Investment Income
20.740
42,710
17.812
28,170
Total In¢omlng resources
63.450
45.982
RESOURCES EXPENDED
Charftable acllvltles
Main Fund
Othèr res¢)urces expfynded
30.858
8,254
36,283
7,725
Total r•sources expended
39.112
44,008
Net Incoming resources bofore othor
recognlsed galns and losses
24,338
1,974
Other gainsllossos
Net g8inslllosses) on inve5trnent property
Net gainsl{losses) on investrnents
( 1￿,454)
20,140
Not movement in funds
82,116)
22,114
RECONCIUATION OF FUNDS
Total funds brought forward
681.756
659,642
TOTAL FUNDS CARRIED FORWARD
599.640
681.756
Th￿e ￿leS form part of the financaal statements

The Masons Company Charftable Trust
Balance Sheet
As at 31st March 2023
2023
Totsl
fund
2022
Total
fund
FEXED ASSETS
Investment property
Investments
100
654,166
654,266
556,463
556,563
CURRENT ASSETS
Debtors
3.879
1.575
Cash at bank
45.003
27,415
48.882
28,990
CREDrroRS
Amounts f811ing due within one year
5.805)
{ 1,500)
NEf CURRENT ASSETS
43,077
27.490
TOTAL ASSETS LESS NET CURRENT
LIABILITIES
599,640
681,756
NET ASSETS
599,640
681,756
FUNDS
Unrestrfcted fu￿lS
Restricted funds
599,640
687,146
( 5,390}
TOTAL FUNDS
599,640
681,756
The financial statements V4Ere approv￿1 by the Board of Trustees on ....
signed on its behaff
Trustee
These notes fom part of the fina[￿la1 statements

The Masons Company Charltable Trust
Notos to the Flnanclal Statements
for the year ended 31st March 2023
1 ACCOUNTING POLICIES
Accountlng Convontlon
These accounts have been prepared under the hk8torical cost convention with items recognised at
o)st or transaction value unless otherwise in the relevant rK)tels) to these accounts.
The accounts have been prepared in a0￿aTr￿ wilh the Statement of Recommended Practice..
Accounting and Reporting by Charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in Ihe UK and Republic of Ireland {FRS 102) issued on 16 July 2014.
Finanual Reporting Standard applicable in Ihe United lQngdom and Republ￿ of Ireland IFRS
102) and with the Charities A£i 2011.
Incoming resources
These are induded in the Slatement of Finanaal Aclivities (SOFA) when.. the charlty becomes
entitled to the resources. it is more likely than not that the tnjstees Mll receive the resources" and
the monetary value can be measured with sufficient reliability.
Rosources expended
LSabilities are recognised where it is more likely than not thal there is a legal or ￿nstruCtive
obligation committing the tharity to pay out re%)ur¢es and the amount of the obligatlon be
measured with reasonable cerlainty.
Support o)sts have been all￿ated beiween govemance costs and other support. Governance
costs comprise all costs involving public accountsbilty of the d￿rity and its compliance with
regulation and good practi￿.
Investment Property
Investment property has been valued using the Cost Model as Fair Value c*nnot be measured
reliably wthout undue cost or effort on an on%oing basis
Investments
Fixed asset investrnents in quote(1 shares. traded bonds and slmilar investments are valued at
initially at cost and subsequently at fair value (their market value) al the year end. The same
treatment is applied to unlisted investments unless fair value cannol be measured reliably in which
Cas8 il is measured at cost less impairment.
Taxatlon
The company is exempt from tax on its charitsbl8 activities.
Fund ac¢ounting
Funds can be used in accxydance with the charitable objectives at the disc¥etion of the trustees.
These rK)tes fomi part of Ihe ffinanL?al statements

The Masons Company Charltable Trust
Notes to the Financlal Statements
for the year ended 31st March 2023
2 Analysis of Income
2023
2022
Donatlons
Donations
Gift Aid
14,593
6,147
20,740
14,304
3,508
17,812
Income from Investrnents
Rents received
Investrnent income
17,100
25,610
42.710
11,300
16,870
28,170
Total income
Analysls of expenditure
2023
2022
Administration support costs
Bank charges
8,180
74
7.625
100
3 TRANSACTIONS W￿H TRUSTEES AND RELATED PARTIES
TnBtg0 remuneratlon and bgnofits
None of the trustees have been paid any remunwation or re￿Ned any other benefits from an employment
wllh their thanty or a related entrty
Trustees. exponsgs
No trustee5 expenses have been inc#JrTed.
Transactions with relatod partl
There have been no rdated party transacbons in the rewbng period.
These notes foTh part of the finanaal statements

The Masons Company Charflable Tru$1
Not03 to the Financlal Ststements
for tho year ended 31st March 2023
4 INVESTMENT PROPERTY
2023
2022
11)0
100
Not book value
1iy)
100
5 INVESTMENTS
MARKET VALUE
Al 31 sl March 2022
Addltlons
Disposals
ProflV{loss) on dlsposals
R8valuation
654,165
103,125
(107,5661
8.934
(102.195)
At 31st March 2023
556,463
NET BOOK VALUE
Al 31st March 2023
556,463
At 31st March 2022
654,166
6 DEBTOR8: AMOUNTS FALUNG DUE wrrHIN ONE YEAR
2023
2022
Accrued Income
3,879
1,575
7 CREDITORS: AMOUNTS FALUNG DUE wrrHIN ONE YEAR
2023
2022
Acuuals for grants payable
Other creditors
5,805
1,500
These notes fomi part of the financlal statements

Th• Masons Company Charltable Trust
Not08 to the Flnanclal Statsments
tor the year ended 3181 March 2023
8 MOVEMENT IN FUNDS
Net
incoming
At 31.03.22 resources
Realised &
unrealisod
galns
Total
gains
At 31.03.23
Unrestrlcted funds
Accumulated income
Capltal acwunt
33,858
647.898
24,337
24.337
(1(ffj.454) (106,454)
$8,195
$41,444
Re8tricted fijnds
Total funds
681.756
24.337
106.454
82,117
599,639
These notes fomi p8f1 of the financial slaiements
10