Trustees’ Annual Report
For the period ending 5[th] April 2021
References and Administration Details
Charity Name: Provincial Grand Mark Lodge of Kent Charity Fund Other Names: Kent Provincial Grand Mark Lodge Benevolent Fund Kent Mark Benevolent Fund Registered Number: 294182 Principle Address: 14 Reed Avenue Orpington Kent BR6 9RX Trustees: Perri Ahmet (Chair) Peter David Williams Nicholas Paul Philip Waller Martyn Brian Summers David William Walter Stiff Peter Derek Lapage
Structure, Governance and Management
Governed by Trust Deed dated 29[th] January 1986
The Fund is constituted as a Trust and the Trustees are elected by the members of the Provincial Grand Lodge of Mark Master Masons of Kent
Objectives and Activities
The object of the Charity, as set out in the governing document, is to provide relief to poor and distressed brother masons, or their poor and distressed widows and children, or for the benefit of Masonic charities or other charitable institutions, societies or objects.
During the year under review, grants were made of £92,871.00
Achievements and Performance
Donations to the Fund have seen a reduction mainly due to the Covid 19 Pandemic which resulted in a suspension of masonic activity which remains in place at our year end. Some donations were received but only for the first 6-8 weeks of this financial year.
Reserve Policy
The usual policy of the Fund is to maintain a reserve which represents between 18 months and 24 months of annual income.
Exceptions
The policy of the Fund is not to hold property. However, during the financial year 2018-19, the Fund was bequeathed a detached single vehicle garage, the sale of this garage has been completed and the funds are recorded within the accounts for this period.
Declaration
The Trustees declare that they have approved the above report.
Signed on behalf of the Trustees: -
Signature: P Ahmet Name: Perri Ahmet Position: Chair
Provincial Grand Mark Lodge of Kent Charity Fund Charity No 294182
Accounts for the period ended 5th April 2021
Income and Expenditure
| 2020 £ 240,394 Donations Received 19,296 Gift Aid Claimed/Received 10,221 MBF Grants Received 10,085 Sales of Merchandise etc. 3,460 Sponsorships 2,496 Legacies Income (Nett) 1,920 Bonus Ball 865 Raffles, Events Etc. 122 Sundry Income 8,500 Regalia Exchange 7,000 Burns Night 1,866 Cricket Income 15 Interest Received 9,553 Excess Expenditure over Income 315,793 Income |
2021 £ 64,001 9,770 6,000 2,309 270 18,243 866 776 196 0 0 0 7 |
2020 £ 300,000 Mark Benevolent Fund 14,777 Grants Disbursed 358 Sundry Expenses/Administration 300 Bonus Ball Licence & prizes 0 Mark Province of East Lancashire 2021 Festival 0 Mark Province of East Lancashire 2021 Badges 358 Cricket Donations & Expenses 0 Merchandise 0 Surplus Income over Expenditure 315,793 Expenditure |
2021 £ 62,371 25,500 179 380 5,000 3,000 0 6,008 |
|---|---|---|---|
| 102,438 | 102,438 | ||
| Fund Balance: 84,558 At 5th April (9,553) Surplus/(Deficit) for the year 75,005 Fund Balance: Held in trust for Petitioners 75,005 |
75,005 6,008 |
Assets 73,203 Bank Current Account 11,640 Deposits for 2020 Hotel Reservations 1,802 MCF Relief Chest Scheme Sundry Debtors (Gift Aid) 86,645 Liabilities 0 Sundry Creditors 11,640 Loan from Province re 2020 Hotels 75,005 Balance Sheet |
77,347 0 1,894 1,772 |
| 81,013 0 |
81,013 0 0 |
||
| 81,013 | 81,013 |
PD Lapage
Peter D Lapage PProvGStwd Provincial Grand Treasurer
Report of the Examiners
We have examined the accounts of the Provincial Grand Mark Lodge of Kent Charity Fund as set out above and certify that they are in accordance with the books, vouchers and explanations given to us. We have also verified the existence of the funds held at the period end. In our opinion, the said accounts give a true and fair view of the transactions for the Provincial Grand Mark Lodge of Kent Charity Fund for the year ended 5th April 2021.
MJD Gibson
B Holland
AP Fermor
M.J.D. Gibson PGJD, PProvGSO B. Holland PGMO, PProvGSW A.P. Fermor PAGSwdB, PProvGSO