REGISTERED CHARITY NUMBER: 283137
Report of the Trustees and
Financial Statements for the Year Ended
31st March 2025
for
The Masons Compony Charltable Trust

The Masons Company Charitable Trust
Contents of Finan¢lal Statomentg
for the year ended 31st March 2026
Page
Report of the Twstees
1to3
Independent Examiners Report
Statement of Flnancial Activities
Balance Sheet
Notes lo the Financial Statements
71010

THE MASONS COMPANY CHARITABLE TRUST
Ann
ear ended 31 March 2025
The Masons Company Charltable Trust is a Registered Charity No. 263137.
The Trustees during the year to 31st March 2025 were'.-
Mr Mr P Hynard
Mr$ H.K.W. Pryke
Mr M.E.Ma¢donald
Mr C.D.Bryce
Mr D.W.Neill
Mr M.J. Low
Mr B Grundy
Mrs C Wallbridge
Mr S Pike
Chairman, Appointed 22r￿ March 2021
Deputy Chaimian Appointed 5 July 2022
Appointed 9" October 2018.
Appointed 261b March 2019
Appointed 8th October 2019
Appointed 5. July 2022
Appointed 3 October 2023
Appointed 3" Oclob&r 2023
Appointed 3rf October 2023
The Trustees are appointed by The Court of Assistants of The Worshipful Company
of Masons. and the Trust is administered by Miss Jolanla Glas and the treasurer Mr
Mark Macdonald clo Mercers, Hall, 6 Fredrick's Place, London. EC2R 8AB. The
basic accounling is done by Miss Jolanta Glass and the production of the final
accounts by Mr Mark Macdonald wrth advice (where necessary) from Grenfell James
Associates Limrted of 3 The Courtyard, Timothys Brldge Road, Stratford Upon Avon.
Warwi¢kshire, CV37 9NP.
The stoGkbrokers to the Trust are J.M.Finn & Co Ltd al 25, Copthall Avenue, London
EC2R 7AH, whose Partner ￿sponSible for Ihe Trust's portfolio is Mr Mark Powell.
They also manage inveslmenls on behalf of The Worshipful Company of Masons.
If an occasion arises when legal advice 15 reqLtired, on an ad hoc basis this would be
sought from Rooks Rider Solicitors, Challoner House. 19 Clerkenwell Close, London,
EC1R ORR.
Structuro, Governance and Management
Under presenl procedures il is underslood that new Iruslees nomially serve for a
period of five years. with a posslble exlenslon for a further period of two years.
The Trustees ¢ontinu& lo monitor their exposure lo risk. For example, risk has been
mitigated using internet banking arrangement5 by ensuring that The Chairman of the
Trust, four other Trustees and the Administrator can separately view account delails
at any lime.

Oblectlves and A¢tlvllle8
The objects of the Trust are'.-
(i) the relief of poverty
{ii) the advancem6nt of oducation
(iii) the advancement of rellglon and
liv} Such olher legally Charitable purposes as the Trustees Shall from time to time by deed
execuled with their unanimous consenl declare.
The Trustees meet formally four times a year and consult informally as often as
necessary. They discharge their duties by moniloring their investment portfolio and
arranging for Ihe income lo be donated to charities and other organisations and
events 8UPPOrting Natural Stone and City of London interests.
The Trustees are mindful of the requlrement lo ensure that Ihe Charity has objectives
that are applied for public benefit. The trust makes grants to appropriate bodies thal
care and foster many of Britain's most historic buildings which are constructed of
stone as w611 as organisalions that care for the p8ople who carry out maintenance of
such buildings. In today's society, the public has a clear wish to preseNe such
buildings and creale new one8, bul this is under threat through lack of funding to
support the training of stonemasons. The Charitable Trust seeks to help alleviate this
problem. The Trustees therefore have no hesitation in claiming that Ihe public
receives benefit from its activities.
The Trustees are also endèavouring to fund stone relaled projects that involve young
people of school age and which are likely to encourage them to take an interest in
stone, slone carving and our Country's building heritage perhaps leading them into
piogressing a career in stonemasonry or stone ¢aNing.
Achievements ond Perlom?ance
The Trust made grants of £31,599 in Ihe financial year 2024-25 {£39,305 for 2023-
24). Religlous buildings were beneficiaries of £5,000, the Lord Mayor of London's
Charity Appeal was supported by a grant of £1,OOD. In addition, as a result of
promoting our schools oulreach proje¢t, grants were made of £7,000 to support
schools and organisations'that encourage young people lo become involved in stone
carving. A number of specrfic day and half day sessions were run and more are
planned. Further grants within the compass of the Trust Deed of £18,599 were made
during the ¢ourse of the year.
Efforts Continuèd lo increase the in¢ome of The Trust by encouraging members of
The Livery Company lo make regular donations.
Finan¢lal Review
The Trust Funds are invested in trustee securities on the advice of J M Finn & Co
Ltd, Slockbrokers, who also manage the investments of The Worshipful Company of
Masons. Investment income for the year lotalled £20,249 against £16,482 the
previous year.

Investm8nt aims and objectives provided lo J M Flnn & Co Ltd have an overall
objective lo seek a combined retum from income and capilal adopting a medium iisk
portfolio with no specified minimum percentage of low rÈsk investments. In order to
meet the objective the Twstees have selected a dis¢retionary managed portfolio
seNice. The trustees have also agreed to Use 70% FTSE All-share Index130% FTSE
UK Gllls Index (total relurnl as a comparator.
The Charity maintains sufficient res6rves in cash to cary out our charitable giving
during the year. We hold a wide variety of equity investments that can be called upon
If necessary.
The Charitable Trust owns Ihe Freehold Interesl in a block of flals at Haven Green,
Ealing and its share of the ground renl income was £15,000 during the year. In
addition a licence is in place for a telecommunicalion mast on the roof of the building,
generating additional annual income of £3.133. From time lo time lease extensions
are granted that result in premiums being r6ceived by the Trust.
Overall income including that from Bank Deposits, Rents and various Livery
Company donations was £98,034 (£62,634 in 2023-2024)
Plan6 for Futur• Pgrlods
The Twstees, as well as continuing their curfenl policy of grants. intend to continue
in¢￿asIng support for educational projecls that irslroduce young people to stone masonry
particularly through the school'$ outreach program with taster days run by cathedrals and
other educational organisalions. The Trustees ¢onlinue to support the Livery Company s
involvement with The Weald and Downland Museum, and are expanding the commitment
at The Ironbridge Museum.
On behalf of the Trusteès
Date

ewo
hl ful Com
a8ons Co
Th
Charltab
Independent examln•rs Report to the Tru8ts68 of The Ma$on8 Company Charltable Trust {tho
Trugti
We report on the accounts of the Trust lor the year ende(13781 March 2025. whlch are set out on pages 5
109.
Rospoctlvo rosponBlbS1ltl￿ of trust•es and gxamlngr
The ¢h8rily's Iiusleès. are responsible for the preparation ol the a¢counls. Th¢ charl1￿$ trustees considèr
that an audit is not Tequlred for this year under Section 144121 of the Charitles Act 2011 {Ihe 2011 Acll and
th81 an independent oxamination Is needed.
It Is our responsibility to..
¢xamlne the accounts under section 145 ofthe 2011 Act.
to follow the procedures laid down in Ihg general Directions given by the Charity Commission under
section 14515llbl of the Act. and
to 81al8 whether parb'cular matlefs have come lo our attentson.
Basls of Independent Examlners Rèport
Our examlnallon was carried oul In acwTdance with the general Directions given by th6 Charity
Commlssion. An examination includes a review of Ihe 8C¢OLinting records kept by the charity ènd a
comparlson of the accounts presented with Ihosfy records. 1181so include8 consideration of any unusual
il¢ms or disclosufes In the aceounls. and seeklng explanations from you as Iruslees conceming any
such matters. Tho proeedures urKlertaken do not provide 811 Ihe evidon¢e Ih&l would be required in 8n
audll. and consequentty no opinlot) Is glven as to whethei the accounts présent a ￿rue an(J lair vleyl, end
the report Is limited lo ihosg mallers sel out in the statement below.
Indgpondent Examlners Statement
In ¢onneclion with our gxamination, no Mall￿ has come lo our attentsorT.'
11} whi¢h gives us roasonable cause lo believe that in any material respect the requirements..
lo keep accountlng records In accordance wlh section 130 of the 2011 Act,. and
to prepare 8¢¢ounls whlch accord with the accounting words and comply wlh the accounb'ng
reqyirement$ ofthe 2011 Ad.
have nol been mel,
121 to wFNch. in our opinion, attentton should be drawn in order lo onable a proper understanding of the
accounts to be reached.
We have no concerns and have come across'no other matters in connection with the èxaminallon to
whlch attention shO￿d be drawn in thls ￿port in order lo enable a wop$r understarKling of thè accounts lo
be reached.
P W¢￿￿W￿d FCA
2 Flrs Close
Blethnglon
Oxon
OX7 6UA
D Rees
Th8Ke3
33 The st￿et
Manuden
CM23 1DF
Dale..

The Masons Company Charltable Trust
statement of Flnan¢lal Actlvltles
for the year ended 315t Maich 2025
2025
Totsl
fund
2024
Total
funds
Notes
INCOMING RESOURCES
Incomlng re$ources from g•nerated funds
Voluntary income
Inveslm6nt Income
54,017
38.956
28,518
34,116
Totsl incomlng resour¢¢s
92,973
62,634
RESOURCES EXPENDED
harltable actlvltles
Main Fund
other resou￿88 expended
31.599
8,614
39,305
8,754
Total rosources expended
40,213
48.059
Net InGomlng resource5 before other
recognl$ed galns and lo$$e$
52,780
14.575
othor galnsllosses
Nel gainslllosses} on investment propety
Net gainslllosses) on Investments
1 21.009)
19,544
Net movement In funds
31,751
34,119
RECONCILIATION OF FUNDS
Total funds brought forward
633,759
599,640
TOTAL FUNDS CARRIED FORWARD
665,510
633,759
These notes fomi part ofthe financial statements

The Masons Company Charltable Trust
Balance Sheet
As at 318t March 2025
2026
Total
fund
2024
Total
fund
Notes
FIXED ASSETS
Inve$lmenl piopety
Investments
100
638,983
639,083
100
597.767
597 867
CURRENT ASSETS
Debtors
639
9,412
Cash at bank
27.288
32,580
27.927
41,992
CREDITORS
Afflounts falling due within onè year
1,500)
( 6,1001
NET CURRENT ASSETS
26,427
35,892
TOTAL ASSETS LESS NET CURRENT
LIABILITIES
665.510
633,759
NET ASSETS
665,510
633.759
FUNDS
Unreslrlcled funds
Restricted fvnds
665,S09
633,759
TOTAL FUNDS
665,509
633,759
The financial statements were approved by the Board of Trustees on ............................... and
$tgned on ils behalf by..
Trusttre
These notes form part of Ihe financlal statements

The Masons Company Charltsble Trust
140tss to the Flnancial Statement8
for thp ye4r ended 31st Maich 2025
1 ACCOUNTING POLICIES
Accounting Conventlon
These acwunts have been prepared under the historical cost ¢onvenlion with items ieGognised at
Gost or transaction value unless oth8Twi$e stated in the relevant note{s} lo these accounts.
The accounts have been prepared in accordance with Ihe Statement of Recommended Practice:
Accounting and Reporting by CharitSes preparing Iheir accounts In accordance with the Financial
Reporting Standard appllcable in the UK and Republic of Ireland IFRS 102} issued on 16 July 2014,
the Finan¢ial Reporting standard applicable in the United Kingdom and Republic of Ireland IFRS
102> and with the Charities Act 2011.
Incoming resouvcos
Theso are included in the Stslement of Financial Activities ISOFAI when.. the charlly becomes
eni¢lled lo the resources,. it is more likely than not that the liustees will recelve the resources.. ar¥J
the monetary value can be measured w¢lh sufficient ieliability.
Resourc￿ expended
Liabilities are recognised where it is more likely than not that theye is a legal or conslruclive
obligation committing the charity lo pay out resou￿e$ and the amount of the obllgalion can t
me83ured with reasonable certainty.
Support costs have been allocated beiween governance cost$ 8nd other support. Governance
costs comprise 811 costs involving p¥Jblic accountability of the charlty and its ¢ompllance with
regulation and good practice.
Investment Property
Investment property has been valued using the Cost Model as. Fair Value cannot be measured
reliably without undue cost or effort on an on-going basi5
Inve8tment8
Fixed gsset investments in quoted shares, traded bonds and similar investments are valued at
Inrtially at cost and subsequently al fair value Ilheir market value) at the year end. The same
treatment is applied to unlisted investments unless fair value Gannot be measured reliably in wh.ich
casè it is measured al ¢osl less impairment.
Taxatlon
The Company is exempl from tax on ils charitable actfvitie$.
Fund accountlng
Funds can be used in accordan￿ with the charitable objectives at the discretion of the trustee$
These notes form part of the finan¢lal $tslemenl$

The Masons Company Charitable Trust
Notes to the Flnanclol Ststements
for the year ended 318t March 2026
2 Analysis pf Income
Donatlonts
Donations
Gift Ald
2025
2024
54,016
24.831
3,687
28.518
54,016
Incomg Irom Investments
Rents received
Investment income
18,133
20.823
38,956
17,100
17,01e
34,116
Total in¢ome
Analysis of expendlture
2025
2024
Adminlslralion support costs
Bank charges
8,554
8,689
65
3 TRANSACTIONS WITH TRUSTEES AND RELATEO PARTIES
Trustee remungration and b6nefft8
None of the trustees have been pald any remunefalion or recelved any other benefits from an employment
th their charity or a related entity
Tru$tegs' expgn$e8
No ITUStees expanses have been Incurred.
TTan$actlon8 With felated parties
There have been no related paty transactions in the rep¢rting perl¢Jd.
These notes form part of the financial Statements

The Masons Company Charltable Trust
Notes to the Flnanclal Statements
for Ihe year ended 31$t Ma￿h 2025
4 INVESTMENT PROPERT
2025
2024
C03t
100
100
Nel book value
100
100
S INVESTmE￿r8
MARKET VALUE
Al 31st March 2024
Addition8
Disposals
ProtiV(loss} on dlsposals
Revèluallon
597,767
13a,8S5
{ 68,7701
{ 22,7451
875
At 31st March 2025
638,982
NET 800K VALUE
Al 31st March 2025
638.982
At 3181 March 2024
597.767
6 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Accrued income
7 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2026
2024
Accruals for grants payable
Other creditors
1.500
6,100
These notes form part ol the financial stslemenls

The Masons Company Charltable Trust
Notes to the Flnanclal Statements
for the yèar endgd 315t March 2025
8 MOVEMENT IN FUNDS
Nel
incoming
resources
Re81ised &
unrealised
gains
Tclal
gains
Al 31.03.23
At 31.03.24
Unrestricted funds
A￿uMUlated income
Capital account
72,770
560,989
52,759
52,759
1 21.0081 1 21,0081
125.529
S39.981
Restricted funds
Total funds
633,759
52,759
665,510
These notes lorm part of the financial Stslemenls

The Masons Company Charltable Trust
Detslled Statemgnt of Flnanclal Actlvllles
for the year onded 31$t March 2026
202S
2024
INCOMING RESOURCES
Voluntary Income
Donations Court & Livery donations
Court & Livei Court & Livery Gift Aid
Court & Livery- Non Glft Aid
othèr Gifl Aid (Llvgry Fines)
54,016
28,518
54.016
Investmént Income
Rents recèivèd
Phone m8s1 rental
Inveslmenl income
Interest rècelved
15,000
3,133
20,249
574
38,958
Is,000
2,100
16.482
534
34.116
Total Incomlng resouTCeS
92,972
RESOURCES EXPENDED
Charltable a¢tlvltl¢s
Associated CompanS6s Jolnl V8ntUfO Fund- Brcxjerers
ACF CompelStlon prize
Lord Mayor's Appeal
Woolmen's Co- City ol London Sh8$p"Drive
Maslerfs Charity
Royal British Legion
St P8uI's Cathedral
Royal Navy- HMS Portland
Royal Air Force- 14 Squadron
Sl Paul's Cathed$r* Foundatton Rem&mbgr Me
Sheriffs Ball PTIZè
Yolk Minslef Fund Center of Excellence
Sl Paul's Calhederal . Girfs, Voices
Weslminsler Abbey
Ironbridge
Llvery Schools Link
Weald & Downham Museum
Well$ Stone Carving Competion
Portland Soulplure and Quarry Trust
Dlocese of London
Sallsbury Cathedral- Re80rgtson ol North Cloi51er$
2,000
300
1.000
520
750
500
2.000
300
1,000
750
500
150
150
150
150
1.000
1,000
1,000
5.000
5.000
2,SOO
8,947
125
40
10.000
125
104
1,500
5,551
1.045
1,000
23,099
31.058
Thls page doe$ not form part of tho statutory financial stalernenlg
11

Th• Masons Company Charltsblè Trust
Dètalled Statement of Flnan¢lal Actlvltlos
for the year ended 318t March 2025
202S
2024
Brought Forward
23,099
31,058
Ch4rltabl• actlvltles
Sheriff8 Ball Prixe
P88sage 2000
Isth Coy Annu81 Camp
Jtssaphlne Cros$land- Plaque 81ist Hlll
Building Crafts College
Schtsctls Outreach Days
Canterbury Cathedral
Sallsbury Cathedral
Exe19r CaU)edraJ
1,500
1,943
1,804
1,500
3,000
2,5CX)
1.5CKJ
1,500
1.500
Othèr resources exp*nded
Admlnlslrab'on
Adminlstralion
Bank chorges
Total fg$ourcos expended
31,599
39,305
8,5S4
60
40.213
8,689
65
48,059
N&1 Income
14,575
This page dogs not form part of the slalutory financial statements
12