Provincial Grand Lodge of Devonshire Benevolent Fund
Unaudited Annual Report and Financial Statements
For the Year Ended 31° December 2023
Peplows Lhnrled
Reyrtered Audotors and Chartered Ac￿untants
Mooreate House
KlnK Street
Newton Abbot
TQ12 2LG

Provincial Grand Lodge of Devonshire Benevolent Fund
Page I
Financial Statements
Year ended 31 December 2023
Contents
Charity Reference and Admlnistrdtive Detsils
Trustees Annual Report
Independent Examinerf5 Report
Statement of Financial Actmties
Balan￿ Sheet
Notes to the Financial Statements
11-18
Appendiy l- Grants Paid to InstÉtuti

Provlncial Grand Lodge of Devonshire Benevolent Fund
Trustees Annual Report
Year ended 31" December 2023
Page 2
Charity Reference and Administrative Detai15
Charity Registration Number 269363
Trustees
MICHAEL G WALKER
DAVID WHEATON MA IOXONI
NICHOLAS BALL
COLIN C GALE
THOMAS B WHftE
Dr REUBEN AYRES D.M. M.R.C.P.
MARnN F ELLIOTh F.C.P.A.
ROBERT C MUNRO
ANDREW WAVODDEN MBE
FRANK HANDSCOMBE BEM Ipa55ed
away 14 December 20231
Chalmian
NICHOLiS BALL
Treasurer
MARTIN ELLIOTh F.C.PA.
Registered Offi
PROVINCIAL GRAND LODGE OF DEVONSHIRE
UNIT 7. HARRIER COURT, EXETER. EXS 2DR
Independent Examlner
PEPLOWS LIMttED,
CHARTERED ACCOUNTANTS AND REGI￿ERED AUDITORS
MOORGATE HOUSE. KING STREET. NEV¥TON ABBOT
TQ12 2LG
Bankers
CAF BANK LTD.
25, KINGS HILLAVENUE. KINGS HILL. WEST MALLING.
KENT. ME19 4JQ
NATWEST
59, HIGH 5fREET,
EXETER. EX4 3DL
Investment Managers
RBC BREWIN t)OLPHIN LTD.
VANTAGE POINT, WOODWATER PARK.
EXETER EX2 5FD

Provincial Grdnd Lodge of Devonshire Benevolent Fund
Trustees Annual Report (Continued)
Year ended 31" December 2023
Page 3
The Trustees present their report and the financial statements of the charity for the year ended 31 December
2023. The trustee5 have adopted the provisions of the Statement of Recommended Practice ISORPI
'Accounting and Reporting by Charitie< in preparing the annual report and financial statements of the Charity.
Trustees of the Ch*lty
The trustees who have served during the year and Since the year end are detailed in the section on Charitable
Details above.
Govern1￿ Document
The Charity was formed in 1975 by resolution of the Finance commtttee of the Provisional Grand Lodge of
Devonshire of Ancient and Accepted Masons of England (The Provincial Grand Lodge). Its governing document
is the declaration of trust dated 3" March 1975 as amended on 5 February 2(K17 in agreement with the Charity
Commissioners authority dated 26 October 2006.
Objertives and Actsvities
The objectNes of the Charity are the relief of poor and distressed Brother Masons. the relief of poor and
distressed wdows and children of Brother Masons. also to benefit such Masonic or other Non-masonic
Charities. and to provide local support for Community projects as directed by the Trustees.
The principal continuing acbvitiesof the Charity are the collection of charitable donations from Brother Masons
the claiming of any available income tax refunds and the making of charitable grants in accordance with the
wishes of the donor Brethren or 35 directed by the Trustees.
Due to the efficiency of the administrative systems and the time freely given by volunteets the administrative
expenses are modest.
The grant objectives are aimed at distributing all of the income. The investment w)licy is to maintain a portfolio
to create an annual income for distribuiion.
Public Benefft Statement
During the year as in previou5 year5 various Charities were Klentified and viith the lifting of coronavirus
festrictiorks, assistance was given via two functions, and Trustees visits. In all some 53 awards were made
totalling £86,21012022- £171.7801. Lodges have met during thi5 year. with reduced, but improving attendance,
so fund raising and assistance requests have been slow, but improving. However, amongst those benefiting
this year were'.-
Youth organisations and clubs. Cancer, Dementia. and other medical support Chartties. Organisations for
the support of the eldedy and disadvanLiged members of the community. F(NJd banks. The Ukrainian appeals.
Small local organisations in contributing towards infrastructure projects.
The Trustees confirm that they have referred to the guidance contained in the Charity Commission's
general guidance on public benefft when reviewing the Char￿S aims and objectives in planning future
acti)rities.

Provincial Grand Lodge of Devonshire Benevolent Fund
Trustees Annual Report (Continued)
Year ended 31 December 2023
Page 4
Strategic Repwt
Achievements, Perfomiance and Financial Review
The format of the financial statements complies wrth the accounting requirement of the CharitiesAct 2011 and
with the Statement of Recommended Practice "Accounting and Reporting by Charities"
The financial
statements and the accounting policiesthus Comp￿ with all of the current statutory requirements and with the
governing document.
2022
The total Investment Income of the
Charity (net of fund managerfs
fees) was.'_
105,479
91,690
The continuing generosity of the Brethren
of the Province is shown by the level
of the donations Igiftsl received,
which was'.-
30320
2,410
Management and administratNe expenses
were.'_
5.595
5,169
The rnarket value of the investments held at the
end of the year was=_
5.614,592
5.W7.865
The principal assets of the fund comprise stock exchange securities and deposits. The increase in fund value
this year is twofoSd, consisting of a further investment of £250.LKJO. and a general upturn of markets. Qur
Brokers believe the markets should show little movemerrt in 2024. except possib￿ a small downturn.
Lodges are now fully open after Covid. and although very gradually improving, attendance remains a problem.
The dual effect of income and assistance requests. recognised last year, remains a concern. but is showing
signs of steady improvement. Assistsnce requests have not materialised in the significant numbers that was
feared. However, the Trustees are keeping the situation under review.

Provincial Grand L(Klge of Devonshire Benevolent Fund
Trustee5 Annual Report (Continued)
Year ended 31" Deomber 2023
Page 5
Investrnent PolE(y Statement
The Investment Policy Statement was submitted to RBC Brewin Dolphin Securities Ltd in accordance with
The Trustee Act 2LKK).
The Policy Statement was prepared and agreed by the Trustees of The Benevolent fund and provides
guidance as to how the asset management functions delegate to RBC Brewin Dolphin Securitles Ltd by the
Trustees Should be exercised. The policy is reviewed on a regular basis.
Investment Objertive
The Tfustees intend that the real value of their assets and income be maintained and enhanced over the
long term by investment in a portfolio comprised of equities. fued income stocks. indirect property investment
and cash.
Investment ￿lef
In order to meet these objectives the Trustees have appointed RBC Brewn Dolphin securities Ltd as their
agent to manage a diversified portfolio of suitable investments on a discretionary basis. The Trustees have
selected an investsnent objective of a balance between income and capital growth.
As Trustees, we have considered the future sustainability of our investment portfolio and believe it is
important that we invest responsibly to achieve our Chariws goals.
A5 Stewards of our investments, our investment manager5 RBC Brewin Dolphin take account of a wide rdnge of
environmentsl. wcial and governance factors when assessing and selecting investments for our w)rtfolio.
Structure. Governance and Management
Appointment of Trustees and Officers
The governing document of the 3 March 1975 la5 amended) confirmed it was the responsibility of the
Provinci31 Finan￿ ComTnittee to appoint or removeTrustees. AnyTrustee so appointed. must be a member of
the Provincial Grand Lodge of Devonshire. The person or persons in whom the ststutory power is vested shall
then by deed, be appointed to art as a Trustee.
It is the responsibility of the Trustees to prudentfy manage the activities. investment risk and administration of
the funds held by the Charity.
It is a150 the re5ponsibilty of the Trustees to stimulate, advise. Influen￿ and co-or(linate, but not to dirett, the
Charitable giving of all the Lodges in the Province of Devonshire.
It is the general policy of the Charwty to keep administrative and managemerbt costs to the minimum level.
consistent with efficient and accurate stewardship of the funds entrusted to the Charity.

Provincial Grand Lodge of Devonshire Benevolent Fund
Trustees Annual Report (Continued)
Year ended 31 December 2023
Page 6
Trustee Induction and Trainln8
New Trustees undergo an orientation day to brief them on their legal obligations under Charity Law, the
Trustee's role in stimulating, 3(fvisin& influencing and cctrordinatin& but not directing the charitable giving of
all Lodges and Brethren in the Province.
Trustees are encouraged to attend appropriate external conferences and seminars where these will facilitste a
greater understanding of their responsibilities and their duties to manage the investments of the
Benevolent Fund in conjunction with the appointed investment managers.
Risk Management
The Trustee5 have 3 risk management policy and have examined the major risks which the Charity faces
and confirm that systems have been estsblished to mrtigate those risks.
The only major risk identified is that of investment returns on our income for the Fund which has been
amply demonstrated by the extremevolatility in World stock markets, the Trustees feel that this was materiallv
strengthened with the appointment of professional Investment Fund Managers and the Trustees stringent
investment policy.
The nature of the Benevolent Fund is such that the TTUStee5 do not see any need for a Reserves policy but
this is constantly reviewed by the Trustees.
Trustees Responsibllltles Statement
The trustees are responsible for preparing the Trustees. Annual Report and the financial Statements in
accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally
Accepted Accountlng Practice).
The law applicable to Charities in England & Wales requires the Tnjstees to prepare financial statements for
each financial year which give a true and fair view of the state of affairs of the Charity and of the incoming
resources and application of resourtes of the Charity for that period. In preparing these fi.nancial statements
the Trustees are required to-
Select suitable accounting policies and then applythem consistently.
Observe the methods and principa15 in the Charities SORP 2019 IFRS 102}.
Make judgements and estimates that are reasonable and prudent
state whether applicable accounting standards have been followed. subject to any material departures
disclosed and explained in the financial statements.
Prepare the financial ststements on the going COn￿M basis unless it is inappropriate to presume that the
Charity will continue in operation.

Provincial Grand Lodge of Devonshire Benevolent Fund
Trustees Annual Report (Continued)
Year ended 31 December 2023
Page 7
The Trustees are responsible for keeping proper accounting records that disclose wtth reasonable accuracy
at any time the financial posttion of the Chartty and enable them to ensure that the financial statements comply
with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008 and the provisions of the
Trust deed. They are also responsible forsafeguardingthe assets of the Chanty and hence for taking reasonable
steps for the prevention and detection of fraud and other irregularities.
Appro¥ed by the Trustees on18 April 2024 and ￿8Thed on their behalf by.
Chairman- Nicholas Ball- on behalf of the Tntstees.
Unit 7.
Harrier Coubt
Ex￿ER
EX5 2DR

Provincial Grand Lodge of Devonshire Benevolent Fund
Independent Examinerfs Unqualified Report
Year ended 31 December 2023
Page 8
Independent Examiner's Report to the Trustees of Provincial Grand Lodge of Devonshire Benevolent Fund.
I report to the chartty trustees on my examination of the accounts of the charity for the year ended 31"
December 2023 which are set out on pages 9 to 19.
Responsibilities and basis of report
As the CharIt￿S trustees you are responsible for the preparation of the accounts in accordance with the
requirements of the Charities Art 20111.the AcV}.
I report in respert of my examination of the charivs accounts carrie(l OLrt under section 145 of the Art and
in carrying out my examination I have followed all the applicable DireLtions given by the Charity Commission
under section 14515llbl of the Act.
Independent examinees 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..
accounting records were not kept in ￿$pert of the tharity as required by section 130 of the Act. or
the accounts do not accord with those records: or
the atcounts do not comply with the applicable requirements concerningthe form and content of accounts
set out in the Charities IAccounts and Reports) Regulations 2¢XJ8 other than any requirement that the
accounts give a'true and fairVie￿ which is not a matter considered as partof an independent examination.
I have no concerns and have coffle across no other matters in connection wrth the examination to which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be
reached.
Michuel Young FCA
Peplows Limited
Moorgute House
King Street
Newton Abbot
Devon ro12 2LG
i e Apn12024

Provincial Grand Lodge of Devonshire Benevolent Fund
Statement of Financial Artivitles
Year ended 31" December 2023
Page 9
Total
FUTKIS
Total
Funds
Funds
FurK15
2023
2022
Income and Eb)dowments From".
Donations and LeBa(ies
30.920
30.920
3.876
Investments
83.478
137,884
124,127
Total Income and Endowments
114,398
168,804
128,IX)3
Expendlture ￿.
Charitable Actwttses
42.460
43.750
86,210
171,780
Other
23.IX)4
14,996
37,606
Total Expenditure
65,464
58,746
124.210
209,386
Net IncomellExpendrturel
before other re£ognlsed
gainsllosses
48,934
{4,3401
44.594
181,3831
218,808
142,619
361.427
{666,6031
Net Gain/ Loss on In￿stments
Net
IncomelDefidt
267.742
138.279
406,021
1747.9861
Recondllation of Funds:
Total Funds Brought Forward
3.280.691
2.347.155
5.627,846
6,375.832
Total Fun¢ts ca￿led Fonward
3.548.433
2,485,434
6,033.867
5,627,846

Provincial Grand Lodge of Devonshire Benevolent Fund
Balance Sheet
Year ended 31" December 2023
Page 10
2023
2022
Fixed Assets
Investments
5.614.592
5.1J]7.865
5.614.592
S.fX)7.865
Currert Assets
Debtors
Cash at Bank and in hand
413.589
613.321
419.275
619.981
Credttors: Falltng due wthin one year
Net Current
419.275
619.981
Net Assets
6,033,867
5.627,846
Charity Funds
Endowment Funds
Permanent Endowment
Expendable Endowment
Unrestttcted
Funds
2399.048
86.386
2.269.217
77,938
3.548,433
3.280,691
6,033,867
5.627,846
The financial statements were approved and authorised for issue bythe Board on Ilw 2024
Signed on behalf of the board of Trustees
Treasurer- Ma
liott F.C.PA.- on behalf of the Trustees

Provincial Grand Lodge of Devonshire Benevolent Fund
Notes to the Financial Statements
Page 11
st
Year ended 31 December 2023
Note I Summary of signifKant accounting pofKies
A-Genefal infomiatton and baslsof preparatlon
The Provincial Grand Lodge of Devonsh1￿ is a charitable trust in the United Itingdom. The address of the reB15tered
office 15 given in the charity infom)atton on pa8e 2 of these financial statements. The nature of the charivs operations
and principal artNities are described in detail in the Trustees Report.
The charity constitutes a public benefit entity as defined by FRS 102. The accounts lfinancial statements) have been
prepared under the historical cost convention wtth items recognisetl at cost or transartion value unless Otherwise
stated in the relevant notelsl tothese accounts. The financial statements have been prepared in accordance with the
second edition of the Charitie5 Statement of Recommended Prdclice issued in October 2019, the Financial Reporting
Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021 ènd the Charities Act 2011. The trustees
consider that there are no material uncertaintÈes about the Trusfs ability to continue as a goin8 concern. The trust
tonstitute5 3 public benefrt entity as defined by FAS 102.
The financial statements are prepared on a goin8 concern basis under the historital cost convention, modified to
include certain items at fairvalue. The financial statements are prepared in steding which is the fvnctional currency
of the chartty and rounded to the nearest pound.
The signSficant accountlng poltcies applied in the preparation of these financlal ststemènts are set out below. These
policies have been consistently applied to all year5 presented unle55 Otherwise Stated.
B- Funds
Unrestricted fund5 are available for at the discretion of the trustees in fvrtherarKe of the genernl objectives of the
charity.
Deslgnated funds comprise unrestrirted funds that have been set aside by the Trustees for particular purpose5. The
aims and use of each deslgnated fund a￿ set out in the notes to the financial ststements.
Endowrnent funds representthose assets which must be held pern￿nently bythe charity. printipallythe WAKE fund.
Income arising on the endowment fund can be used in accordance with the objects of the charity and is included as
endowment income. Any capktal gains or 105ses arising on the investments form part of the fund. Investment
management charges and legal advice relating to the funds form part of the fund. Investment rnanagement charges
and legal advice relating to the fund are charged againstthe fund.

Provincial Grand Lodge of Devonshire Benevolent Fund
Notes to the Financial Statements
Year ended 31 December 2023
Page 12
C- Income recO￿lt10n
All incoming resources are included in the Statement of Financial Activities ISOFAI when the tharity is legally entitled
to the Income after any performance condit6ons have been met, the awnount can be measured reliably and it is
probable that the income will be recerved.
For donations to be recognised the charity will have been notrfied of the amounts and the Settlement deal in writing.
If there are conditions attached to the donation and this requires a level of perfomiance before entttlement can be
obtained then income is deferred until those conditions are fully met or the fvlfilment uf those conditions is within
the control of the charity and It is probable that they will be ￿lfIlled.
Donated fatillties and donated professional seNices are recognised in income attheirfairvalue when theireconomÈc
benefit is probable. Itcan be measured reliably and the charity ha5 control over the item. Fairvalue 15 determined on
the basis of the value of the gift to the charity- For example the amount the charr(y would be willing to pay In the
open market for such facilitate and services. A corresponding amount is recognised in expenditure.
No amount is included in the financial statements forvolunteertime in linewrth the SORP IFRS 1021. Further detail is
given in the Trustee's Annual Report.
For legacies, the entitlement is the earlier of the charity being notifie5 of an impending distribution of the legacy being
received. At this point income is ￿COgnISed. On occasion legacies will be notified to the charity however it is not
possible to measure the amount expected to be distributed. On theseocca5ions. the legacy is treated as a contingent
asset and dlsclosed.
Investment income is eamed through holding35setsfor investment purposes such 35 shares and property- It includes
dividÈnds interest and rent. Where it is not practicableto recogni5e investment manaEement costs incurred with in a
scheme with reasonable accuracy the investment income 15 reported net of these costs. ft is included when the
amount can be measured reliabty. Interest income is recognised usingthe effective interest method and dividend and
rent income is recognised as the tharivs right to receive payment ￿ established.
D- Expendlture RecoBnltlon
All expenditure is accounted for on an accruals basis and has been classified under headtn8S that aggregate 311 costs
related tothe category. Expenditure ￿ reco8rEised where there is a legal orton5tntrtive obligation to make payments
to third parties, it is probablethat the setdement will be required and the amount of the obligation can be measured
reliably. It is categorise under the following heading5=
Expendi￿re on charitsble activities indude grants awarded to institutions and individuals,. and
Other expenditure represents those items not falling into the categories above including investment management
fees.
Irrecoverable VAT is charged as an expense 3834nst the actmty forwhich expenditure arose.
Grants payable to third partles are wtthin the thargeable objeciives. Where unconditional grant5 are offered, this Is
accrued as soon as the recipient is notified of the grant. as this rise to a rel￿nable expectation that the reapient
will receive the grants. Where 8rants are conditional relating to performante the grant is only accrued when any
unfulfilled condit¢ons are outside of the control of the charity

Provlncial Grand Lodge of Devonshire Benevolent Fund
Notes to the Financial Statements
Year ended 31" Deomber 2023
Page 13
E- Supportcosts allootio
Support costs are those that assist the work of the thartty but do not direct￿ represent charitable activities and include
office costs. administrative and payroll costs. They are incurred directly in support of expenditure on the object of the
chaTity- Where support costs cannot be direciyy attributed to particular headings they have been added to expenditure
on charitable activities on a basis consistent wTth the use of resources.
The analysis of these costs is included in the notes.
F- Investments
Investments are recognised initially at Cost which is normally the transaction price excluding transaction costs.
Subsequentlythey are measured atfair value with changes reco8nised in netgain5nosses on tnve5tments in the SOFA
if the shares are publicly traded or their fair value can otherwise be measured reliabty- Other investments are
measured at cost less impairment
6- Cash and bank
Cash and cash equivalents comprise cash on hand and call depostts. and other short-term highly liquid investments
that are readily convertible to a known amount of c35h and are subject to an insignificant risk of change in value.
H - Debtovs and tredltors recetvablelpayabfe wlthln one yw.
Debtor5 and creditor5 Wtth no stated interest rate and weivable or payable within one year are recorded at
transartlon price. Any losses arising from impairment are recognised In expendtture.
l-Tax
The charity is an exempt charity wrthin the meanin8 of schedule 3 of the charities Act 2011 and is considered to pass
the tests set out in Paragraph I Schedule 6 Finance Art 2010 and therefore meets the deffinition of a charitable
company for UK corporation tax purposes.
J-Goin8 COn￿M
The financial statements have been prepared on a going concern basis as the trustees beliève that no material
uncertainties exist. The trustees have considered the level of funds held and the experted level of income and
expenditure for 12 months from avthorising these financial statements. The budgeted income and expet)diture is
sufficient with the level of ￿serveS for the charity to be able to continue as a going contern.
K-judgements and kéysourcesof estlmadon uncertainty
No material judgements have been made in the Pro￿$$ of apptyingthe aL￿acCOUnting poliues.

Provincial Grand Lodge of Devonshire Benevolent Fund
Notes to the Financial Statements
Year ended 31" December 2023
Page 14
Note 2 Income from donations and leeacie5
2023
2022
Gift5
30,920
2.410
Legacies
Note 3 In¢omefrom Investhients
2023
2022
Dividends-equitles
131,778
122,230
Interest-deposits
Note 4 Investment managementcosts
2023
2022
Investment management fees
347

Provincial Grand Lodge of Devonshire Benevolent Fund
Notes to the Financial Statements
Year ended 31 December 2023
Page 15
Note 5 Analyslsof expenditure on tharitable acbvilie5
Grnnt Fundlng
Totsl
2023
Total
2022
Collection and distribution
of charitable donations
171780
There are no support costs directty attributable to the grant funding.
Note 6 Allocation ofsupport costs
Support costs
Bzsbof Allocation
Raising
Fund5
GO￿Than¢e Totsl
Totsl
zozz
Finance
Office Costs
Other Ilnsurancel
117
117
23EA
128
2,058
149
128
Totsl
2325
Note 7 Governance Costs
Examinerfs Remuneratbon (including expenses)
Support costs (from note 6abovel
2.986
2,328
5.595
5,169
Note 8 Anafy5i5 of Grants
Grnnts to Institutions
Grarts to lttdl¥klua15
Total
Total
2021
Collection and
distribution of donations
.710
86,210
171.780
Details ol the 8rants paid to institutions are disdosed in Appendix l.

Provlncial Grand Lodge of Devonshire Benevolent Fund
Notes to the Financial Statements
Year ended 31 December 2023
Page 16
Note 9 Employees
During the yearthe charity had no12022.. Nil) employees.
Note 10 fte1￿ed partytransacbons
None of the Trustees have been paid any remuneration, receNed any other benefits orexpenses from an employment
with their charity or related entity.
Note 11 Flxed Asset Investsnents
listed Investments
Valuation at I january 2023
Addition5
Disposals
Revaluation
S,(K)7.865
1.195.225
1949,9251
361427
Valuatlon at 31 December 2023
5 614 592
Investments at fair value..
2012
Equities
Securities
Property within the managed inve5trnent portfolio
Other
3.629.613
1.395.665
134.937
3,387,812
1.165.907
128,632
325 514
92

Provinclal Grand Lodge of Devonshire Benevolent Fund
Notes to the Financial Statements
Year ended 31 December 2023
Page 17
Note 12 Fund retObKlllation
Bal OIIOV23 Income
G3in/Loss
12
23
Unrestrirted
Funds
Provincial Charrtv
Forte5cue Relief
Davie Educational
NEwr
428,613
1.367,333
866.125
618.620
50.999
30,017
14,230
19.152
113.7591
(29.￿6)
15,4211
117.2781
52,624
78.683
37.299
50.202
518,477
1.447.027
912,233
670,696
3.280.691
IM398
165A64)
218￿ 3,548.433
Restricted Funds
Endowment Funds
Permanent WAKE
Expendable WAKE
2.269,217
77.938
2B47.155
112.7881
145,9581
158,7461
142,619 1399,048
86,386
142.619 2A85.434
Total Funds
627
361
033
Fund Descripth)ns
A- Unrestrirted Funds
The unrestricted fundscan be utilised in line with the Charivs aims and objertives.
Provincial Charity Fund-this s for donations to charity as agreed by theTrustees.
Davie Edutational Fund- this was formed when with the consent of the Charity Commisslon and the agreement of
theTrustees and members of the Devon Masorbic Education fund (charity no. 3066931. the Devon Masonic Education
fund was closed. All assets and liabilities were transferred to the ProvLsional Grand Lodge of Devonshire Benevolent
fund.
Fortestue Relief Fun(k this was formed when, with the consent of the Charity Commission and the agreement of the
Trustees and members ofthe Province of Devonshire Widow5 and Fortescue Fund Icharity no. 2092491, the Province
of Devonshire Widows and Fortescue Fund wa5 closed. All assets and liabilities were transferred to the Provincial
Grand Lodge of Devonshi￿ Benevolent Funtl.
Nora Ellen Westcott (NE￿) Fund- by the will of the donorthe residuary estate was left to the Trustee to distribute
the income and capitsl of the estate to such Charities of charitsble objects in such sha￿ and proportions as the Trustee
may select and determine. The Trustee entered into a Deed of Covenant with the Benevolent Fund that during his
lifetime the Benevolent Fund will apply the fvnd to such tharitable objects as the Trustee shall, from time to time.
direct.
WAKE Fund-this wa5 illltiated by William A Kneel forthe p￿Mary purpose of creating a fund to generate income for
charitable purposes. The fynd is intended to produce sufficient income to enable substantbal sums to be distributed
to Ma50nic and Non-masonic Charities within the County of Devon.

Provincial Grand Lodge of Devonshlre Benevolent Fund
Notes to the Financial Statements
Year ended 31 December 2023
Page 18
Note 13 Analysls of net assets between fund5
UnrestriLted
Funds
Endowment
Funds
Totsl
Fixed assets investments
3.215.544
1399.048
5.614,592
Castr> and current investments
329.447
84.142
413.589
Debtors
3,442
2.244
5.686
Note 14 Flnan¢lal Instruments
2022
Financial Assets
Measured at falrvalue through net expenditure=
Fixed asset listed investment Inote 111
5.614,592
s.￿7,865
Net8ains and11055esl on investments held atfairvaluewere
361.427
1666.6031

Provincial Grand Lodge of Devonshire Benevolent Fund
Appendix l- Grants Paid to Institutlons
Year ended 31 December 2023
Page 19
Donatlon & Nameof CharltyorLoulOrgani5at¥)
Devonshire Masonicwidows Associat*)n
Parlsh Church St Mary Ptympton
Tavistock Foodbank
Buckfastleigh Foodbank
Plymouth Foodbank
South Molton Town Band
south Molton Judo Club
Mary Magdalen Church
South Molton Martial Arts
South Molton Junior F￿tball Club
S D Bamar
The Mount Batten Centre CharttyTrust
ChernoHero
Blackdown SupKX)rt Group
Tavistock AFC
Dr Button
Exmouth Gateway Club
Torbay-ukrdine Support
LNing With Cancer
1mproving ￿Ve$ p￿lmoUth
Exe Valley Market Bus
Mockin8bird
Steppin8 StonesToknes CIC
FutLtre Fit Junior Field Gun
t￿treaCh Pararnedi
Gifted Women
Devon in Sight
The Methodirtchurch Sidwell Street
Ask For Jake
Sunflowers for F￿dorn CIC
Bath Philharmont£ p￿MoUth
Bovey Tracey Swimming Pool Assotiat*)n
abare Christian Care & Support
HeartsTogether
DIArts
The Pritnrose Foundation
RAF HarrowbeerArchives, Education Centre
Ho15WOrthy Community Rural Tran5FKIrt
North Dartmoor Search & Rescue Tearn
Sldmouth PHAsh Church18dts Ac(ountl
rivertan Town Ability Counts
BÈÈr PCC
Pete'5 Dragon
Plymouth Propriety knbrary
Centre Stage Exmouth
Gables Dogs & Cats Home
Okehampton Argyle youth F.C.
The Cafvert Trust ExÈter
Ptymouth HighburyTnJ5t
D￿BIke
TOTAL
3,340
2.750
2.750
2.750
2.750
1,250
1.250
1.250
1,250
1.250
1.250
1,250
1.250
1,250
1.250
1,250
1.250
I,o)o
1.250
1,250
1,250
1.250
1,250
1,250
1,250
1,250
1,250
1.250
1.250
1,250
1,250
1.250
1,250
1.250
1.250
1,5(M)
1,250
1.250
1.250
1.250