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|Trustees||||J.D.Watts (Chairman)|J.D.Watts (Chairman)||||(Appointed|11 June 2022)|
|---|---|---|---|---|---|---|---|---|---|---|
|||||S.A. Willis (Treasurer)|||||||
|||||T. F. Gittins (Secretary)|||||||
|||||Durham
Benevolence||Limited|||||
|||||D. Maw (Vice Chairman)|||||(Appointed|11 March 2023)|
|D. Maw is|also|a member of|the Community|and Support Grants sub-committee|||||||
|The following||are also members ofthe General Purposes Committee:|||||||||
|||||G. Elgie (Assistant Secretary)|||||||
|||||P. B.Debenham|(Provincial|||Grand|Almoner)||
|||||M.AThompson|(Provincial|||Grand|Charity Steward)||
|Members||||K. Williams '|||||||
|||||D. Dorward *|||||||
|||||S.Bell|||||||
|||||S.Hunter *|||||||
|||||P.Ross'|||||||
|||||C.Katsambis
=|||||||
|||||I. K.Carter"|||||||
|||||M. Rankin|||||||
|||||R. Donmall|||||||
|||||M. Device|||||||
|*Members|of|Estates sub-committee|||||||||
|= Members
"Members|of
of|the Education
the Community|and Scholarship
sub-committee
Support Grants sub-committee||||||||
|Charity
number||||279313|||||||
|Principal|address|||8The Esplanade|||||||
|||||Sunderland|||||||
|||||Tyne 6Wear|||||||
|||||SR2 7BH|||||||
|Auditor||||Allen Sykes Limited|||||||
|||||5 Henson Close|||||||
|||||South Church Enterprise|||Park||||
|||||Bishop Auckland|||||||
|||||Co Durham|||||||
|||||DL14 6WA|||||||
|Solicitors||||Peter Ross and|Co||||||
|||||2 Front Street|||||||
|||||Jasmine Villas|||||||
|||||Whickham|||||||
|||||Newcastle
upon|Tyne||||||
|||||NE16 4JH|||||||
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|Bankers|||National
Westminster|National
Westminster|National
Westminster|Bank Pic|
|---|---|---|---|---|---|---|
||||52 Fawcett|Street|||
||||Sunderland||||
||||SR1 1SB||||
||||Virgin Money||||
||||43Fawcett|Street|||
||||Sunderland||||
||||SR1 1SA||||
||||Lloyds Bank||Pic||
||||54 Fawcett|Street|||
||||Sunderland||||
||||SR1 1SF||||
|Stockbrokers|||Rathbones||||
||||50George|Square|||
||||Glasgow||||
||||G2 1EH||||
||||Brewin
Dolphin||||
||||12 Smithfield||Street||
||||London||||
||||EC1A9LA||||
|Housing|Management||Nest Egg Homes||||
||||49 Mandale||Road||
||||Stockton-on-Tees||||
||||Thornaby||||
||||Cleveland||||
||||TS176AD||||
|Sheltered|Housing|Developments|Peter Stracey House||||
||||Ebdon Lane||||
||||Sunderland||||
||||SR69AF||||
||||Boundary|Court|||
||||Kingsway||||
||||Bishop Auckland||||
||||DL147JE||||
##
||||Page|
|---|---|---|---|
|Chairman's|Report||1-2|
|Trustees'|report||3-6|
|Independent
auditor's||report|7-10|
|Statement|offinancial|activities|11 - 12|
|Statement|offinancial|position|13|
|Notes to the financial||statements|14-26|
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|Current financial year|Current financial year|Current financial year|||||||
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Endowment|Total|Total|
|||||funds|funds|funds|||
||||Notes|2022
6|2022|2022
6|2022f|2021|
|m
n
n|||||||||
|Donations
and legacies|||3|56,822|28,438||85,260|834,376|
|Charitable
activities|||4|11,755|||11,755|3,180|
|Investments|||5|347,748|||347,748|354,724|
|Boundary
Court/Peter||Stracey House|||||||
|Repair Funds||||||||4,190|
|Other income||||256|||256||
|Total income||||416,581|28,438||445,019|1,196,470|
|~~ni ure on:|||||||||
|Raising funds|||7|178,492|||178,492|196,846|
|Charitable
activities|||8|275,591|3,000||278,591|193,767|
|Boundary
Court/Peter
Repair Funds||Stracey House|||33,147||33,147|16,188|
|Other|||14|2,581|||2,581||
|Total expenditure||||456,664|36,147||492,811|406,801|
|Net gains/(losses)|on|investments|15|(91,903)|||(91,903)|(382,623)|
|Net movement
in|funds|||(131,986)|(7,709)||(139,695)|407,046|
|Net movement
in|funds|||(131,986)|(7,709)||(139,695)|407,046|
|Fund balances at 1 January 2022||||9,105,350|191,517|16,980|9,313,847|8,906,801|
|Fund balances at|31|December 2022||8,973,364|183,808|16,980|9,174,152|9,313,847|
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|Prior financial||year|year||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||Unrestricted|Restricted|Endowment|Total|
||||||||funds|funds|funds||
||||||||2021|2021|2021|2021|
|||||||Notes|6|6|6|6|
|I
m
n|n|wmn|||frm.||||||
|Donations
and|legacies||||||834,376|||834,376|
|Charitable
activities|||||||3,180|||3,180|
|Investments|||||||354,724|||354,724|
|Boundary
Court/Peter||||Stracey House Repair|||||||
|Funds||||||||4,190||4,190|
|Total income|||||||1,192,280|4,190||1,196,470|
|~ddt|||||||||||
|Raising funds||||||7|195,598|1,248||196,846|
|Charitable
activities||||||8|193,767|||193,767|
|Boundary
Court/Peter||||Stracey House Repair|||||||
|Funds||||||||16,188||16,188|
|Total expenditure|||||||389,365|17,436||406,801|
|Net gains/(losses)|||on|investments||15|(382,623)|||(382,623)|
|Net movement||in|funds||||420,292|(13,246)||407,046|
|Fund balances||at 1 January|||2021||8,685,058|204,763|16,980|8,906,801|
|Fund balances||at|31|December 2021|||9,105,350|191,517|16,980|9,313,847|
##
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||||||2022||2021||
|---|---|---|---|---|---|---|---|---|
|||||Notes|6||||
|Fixed assets|||||||||
|Investment|properties|||16||6,541,366||6,382,855|
|Investments||||17||1,224,030||1,065,280|
|||||||7,765,396||7,448,135|
|Current assets|||||||||
|Debtors||||18|101,594||62,843||
|Cash at bank and in||hand|||1,330,828||1,817,999||
||||||1,432,422||1,880,842||
|Creditors:|amounts|failing due within|||||||
|one year||||19|(23,666)||(15,130)||
|Net current|assets|||||1,408,756||1,865,712|
|Total assets less current|||liabilities|||9,174,152||9,313,847|
|Capital funds|||||||||
|Endowment|funds - general|||20||16,980||16,980|
|Income funds|||||||||
|Restricted|funds|||21||183,808||191,517|
|)Iafastgt2~8|||||||||
|Designated|funds|||22|8,973,364||9,105,350||
|||||||8,973,364||9,105,350|
|||||||9,174,152||9,313,847|
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||||Unrestricted|Restricted|Total|Unrestricted|
|---|---|---|---|---|---|---|
||||funds|funds||funds|
||||2022|2022|2022|2021|
||||8|8|8||
|Donations|and|gifts|56,822|28,438|85,260|9,376|
|Legacies receivable||||||825,000|
||||56,822|28,438|85,260|834,376|
|Donations|and|gifts|||||
|Brethren &Lodges|||56,822||56,822|9,376|
|TLC Donations||||28,433|28,433||
|Other||||5|5||
||||56,822|28,438|85,260|9,376|
|Charitable|activities||||||
||||||Charitable|Charitable|
||||||Income|Income|
||||||2022|2021|
||||||6||
|Sale ofannual||reports|||3,180|3,180|
|Masonic Break|||||8,575||
||||||11,755|3,180|
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|||Unrestricted|Unrestricted|
|---|---|---|---|
|||funds|funds|
|||2022|2021|
|||6|5|
|Rental income||308,544|319,976|
|Dividends|receivable|36,806|33,815|
|Interest receivable||2,398|933|
|||347,748|354,724|
##
|||Unrestricted|Total|
|---|---|---|---|
|||funds||
|||2022|2021|
|||8|8|
|Other|income|256||
##
|||||Unrestricted|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|funds||
|||||2022|2021|2021|2021|
|||||||F||
|v|nt|mana|erne|178,492|195,598|1,248|196,846|
|||||178,492|195,598|1,248|196,846|
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|||||Charitable|Charitable|
|---|---|---|---|---|---|
|||||Expenditure|Expenditure|
|||||2022|2021|
|||||8|6|
|Masonic|Break|||19,288||
|Audit fee|||||10,410|
|Bank charges|||||180|
|||||19,288|10,590|
|Grant funding||ofactivities (see note 9)||187,574|145,067|
|Share of|support costs (see note 10)|||62,669|38,110|
|Share of|governance||costs (see note 10)|9,060||
|||||278,591|193,767|
|Analysis|by|fund||||
|Unrestricted||funds||275,591|193,767|
|Restricted|funds|||3,000||
|||||278,591|193,767|
|||Charitable|Charitable|
|---|---|---|---|
|||Expenditure|Expenditure|
|||2022|2021|
|||6|f|
|Grants to institutions:||||
|Covid 19Grants|||100,947|
|PGM Charitable|Giving||10,000|
|Defibrilators||1,000|3,000|
|Community
Support Grants||67,445|23,690|
|Norman Jackson|Legacy Grants|114,809||
|||183,254|137,637|
|Grants to individuals||4,320|7,430|
|||187,574|145,067|
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|Support|costs|||||||
|---|---|---|---|---|---|---|---|
|||Support|Governance|2022|Support|Governance|2021|
|||costs|costs||costs|costs||
|||6|||6|6||
|Other expenses||4,478||4,478|610||610|
|Legal and|professional|20,691||20,691||||
|Management
charges||||||||
|payable||37,500||37,500|37,500||37,500|
|Audit and|accountancy||7,290|7,290||||
|Trustees'|meeting|||||||
|expenses|||1,770|1,770||||
|||62,669|9,060|71,729|38,110||38,110|
|Analysed|between|||||||
|Charitable|activities|62,669|9,060|71,729|38,110||38,110|
##
|2022|2021|
|---|---|
|6|8|
|7,200|10,260|
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|||Unrestricted|Total|
|---|---|---|---|
|||funds||
||||5|
|||2022|2021|
|Other|expenditure|2,581||
##
|||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|
|||||funds|funds|
|||||2022|2021|
|||||6||
|Revaluation|of|investments||(88,014)|70,436|
|Revaluation|of|investment|properties|(3,889)|(453,059)|
|||||(91,903)|(382,623)|
##
|||||2022|
|---|---|---|---|---|
|||||8|
|Fair value|||||
|At 1 January 2022||||6,382,855|
|Additions|through|external|acquisition|162,400|
|Net gains|or losses through||fair value adjustments|(3,889)|
|At 31 December 2022||||6,541,366|
##
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##
|2022|2021|
|---|---|
|8|8|
|6,541,366|6,382,855|
##
|Fixed asset investments|||
|---|---|---|
|||Listed|
|||investmentsf|
|Cost or valuation|||
|At 1 January 2022||1,065,280|
|Additions||286,563|
|Valuation
changes||(88,014)|
|Disposals||(39,799)|
|At 31 December 2022||1,224,030|
|Carrying
amount|||
|At 31 December 2022||1,224,030|
|At 31 December 2021||1,065,280|
||2022|2021|
||8|8|
|Investments
at fair value comprise:|||
|Equity Shares|785,324|721,837|
|Investment
Trusts & Unit Trusts|190,211|145,038|
|UK Fixed Interest|98,432|177,435|
|Cash|150,063|20,970|
||1,224,030|1,065,280|
##
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##
|Debtors|||||
|---|---|---|---|---|
||||2022|2021|
|Amounts
falling due||within one year:|E||
|Other debtors|||86,145|62,704|
|Prepayments|and accrued income||15,449|139|
||||101,594|62,843|
|Creditors: amounts||falling due within one year|||
||||2022|2021|
||||E|K|
|Trade creditors|||6,956|2,610|
|Other creditors|||8,220|970|
|Accruals and|deferred|income|8,490|11,550|
||||23,666|15,130|
##
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||||||Movement||Movement||
|---|---|---|---|---|---|---|---|---|
||||||in funds||in funds||
||||Balance at||Incoming|Balance at|Incoming|Balance at|
||||1January|2021|resources1|January 2022|resources|21 December|
|||||||||2022|
||||||||E||
|Permanent|endowments||||||||
|Ernest Dixon|Scholarship|Fund|16,980|||16,980||16,980|
||||16,980|||16,980||16,980|
##
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||||Movement|in funds|||Movement|in funds||
|---|---|---|---|---|---|---|---|---|---|
||Balance at||Incoming|Resources|Balance at||Incoming|Resources|Balance at|
||1 January|2021|resources|expended1|January|2022|resources|expended|31 December|
||||||||||2022|
|||6|6|6||F|||6|
|Ernest Dixon||||||||||
|Scholarship||||||||||
|Fund||3,919||||3,919|||3,919|
|Durham||||||||||
|Masonic||||||||||
|Education||||||||||
|Fund|27,648||||27,648|||(3,000)|24,648|
|Durham||||||||||
|Masonic||||||||||
|Scholarship||||||||||
|Fund|1|3,664|||13,664||||13,664|
|Repair||||||||||
|Contribution||||||||||
|Fund|98,906|||(1,248)|97,658||||97,658|
|Durham||||||||||
|Relief Chest||||||||||
|Fund||1,672||||1,672|||1,672|
|Search and||||||||||
|Rescue||265||||265|||265|
|PSH Repair||||||||||
|Fund|11,289|||(16,188)|(4,899)|||(18,023)|(22,922)|
|BCRepair||||||||||
|Fund|47,400||4,190||51,590|||(15,124)|36,466|
|TLC||||||||||
|Donations|||||||28,438||28,438|
||204,763||4,190|(17,436)|191,517||28,438|(36,147)|183,808|
##
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|24|Capital commitments|||2022|2021|
|---|---|---|---|---|---|
|||||5|5|
||At 31 December 2022|the charity had capital commitments|as follows:|||
||Contracted
for but not|provided
in the financial statements:||||
||Acquisition
of property,|plant and equipment||54,251||
##