## City and University of Cambridge Masonic Charitable Trust 

(Charity Registration No. 295392 ) 

## **Trustees Report for the Year to December 2022** 

**Trustees** : Dr R G H Bethel, Dr P Cartwright, Mr T Pearce Higgins (Chairman), Mr.G.A.Jackson, Dr R A Lewin, Mr J.Sherriff, Mr J M Whitehead (Hon Secretary & Treasurer), Mr C.S.Lingard. Considering the wide range of experience and expertise available within the Province of Cambridgeshire, no special arrangements are made for either trustee training or recruitment. **Governing Document** : Trust Deed dated 16 September 1986. 

**Constituted as** : Charitable Trust 

**Objectives** : To make donations to charities, both Masonic and non-Masonic, primarily to local charitable causes. 

**Public Benefit** . The objectives of the City and University of Cambridge Masonic Charitable Trust include the provision of grants to both Masonic and non-Masonic bodies, primarily within the Cambridgeshire locality. The Trustees consider that these objectives were met in respect of 2022 and, considering the nature and mix of recipients of the dispositions, the trustees are able to confirm that they have complied with the duty in Section 4 of the Charities Act 2011 to meet the Public Benefit requirement as specified by the Charity Commission. 

**Review of Activities** . In accord with the Trust Deed, the charity’s activities over 2022 consisted of the release of grants to qualifying beneficiaries, in response to direct appeals from external parties, to initiatives from within the Province, and at the direction of the Trustees. 

**Disbursements:** As detailed in the notes to the accounts, some £38,700 was disbursed in respect of 2022, distributed amongst a mix of Masonic and non-Masonic beneficiaries. The awards were biased to local charities and other qualifying recipients, in line with historic policy, and spread widely whilst ensuring that any individual donation is sufficient to be of real use to the beneficiary concerned. **Funding** : The charity is reliant on an annual grant from Masonic resources within the Province of Cambridgeshire, with the expectation that this will be deployed, totally or largely, over the following year. The charity does not interface with the public at large, except in respect of grants to nonMasonic bodies, and does not seek external funding. 

**Investment Objectives and Policy on Reserves.** The Trustees do not retain a reserve as such, though there may be modest unspent sums at year end, depending on circumstances applicable to any specific year. In the event that renewal of the annual grant was not forthcoming, the Charity’s activities would go into abeyance, until such time as funding might be renewed. 

**Future Plans.** No changes are planned to existing policies, save that any larger funding would allow the size and scope of grants to be expanded. Most awards are for a single year only, though the Trustees from time to time commit to a regular grant over a period of up to five years, always with the strict understanding that the fulfilment of such grants are entirely dependent on the continuity of funding of the Charity. Given that this practise is less than satisfactory to the recipients, the Trustees may reconsider reserves policy in any year in which a time contingent commitment is made. 

**Thanks** : The Trustees wish to thank all those who have contributed to the functioning of the Charity over 2022 and note that, once again, beneficiaries have profited from their generosity in waving in totality all entitlement to reimbursement of expenses over the year, with the exception of a small sum for postal expenses. 

Signed on Behalf of the Trustees: Mr T Pearce Higgins (Chairman) April 2023 



## **CITY & UNIVERSITY OF CAMBRIDGE MASONIC CHARITABLE TRUST STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022** 

|**Incoming Resources**<br>Grant<br>Investment income<br>**Total incoming resources available for charitable application**<br>**Resources Expended**<br>Charitable grants made<br>Administration<br>**Total resources expended**<br>**Net Incoming/Outgoing Resources for the year**<br>**Total funds brought forward**<br>**Total funds carried forward**<br>**BALANCE SHEET AT 31 DECEMBER 2022**<br>**Current Assets**<br>Cambridge Building Society - Community Account<br>**Unrestricted Funds**|**2022**<br>**Notes**<br>**£**<br>40,000.00<br>31,49<br>40,031,49<br>38,700.00<br>2<br>Unclaimed<br>38,700.00<br>1,331.49<br>3,084.81<br>4,416.30<br>4,416.30<br>4,416.30|2021<br>£<br>40,000.00<br>10.59|
|---|---|---|
|||40,010.59|
|||45,400.00<br>60.00|
|||45,460.00|
|||-5,449.41<br>8,534.22|
|||3,084.81|
|||3,084.81|
|||3,084.81|



## **J M Whitehead - Treasurer - 15th March 2023** 

## **Notes to the Accounts** 

## **1. Accounting Policies** 

(a) The accounts have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice (SORP)  'Accounting and Reporting by Charities' published in October 2000 and revised in 2005 and applicable accounting standards. 

(b) Grants and other income are allocated to the accounting period in which they are received. 

## **2. Grants Made** 

Grants made were as follows: 

Addenbrookes Char.Trust £2,000;Arthur Rank Hospice £3000;  Cambs Deaf Assoc. £2,000;  Care Network £2,000; Centre 33 £2,000; Food Cycle £2,000; Homestart £2,000; Jimmy's £2,000;  Lifelites £2,000; Magpas £2,000; Marie Curie £2,000; Prostate CancerUK £1,500;  Matched Funding £5,700;  Red Hen Project £2,000; Riding for the Disabled £500; Winter Comfort £2,000;  Local food hubs £3,500, "Kate"(Guides Jamboree) £500; 



## **Independent Examiner’s Report to the Trustees of the City and University of Cambridge Masonic Charitable Trust** 

I report on the accounts of the Trust for the year ended 31 December 2022 

## **Respective Responsibilities of Trustees and Examiner** 

The Charity’s trustees are responsible for the preparation of the accounts. The Charity’s trustees consider that an audit is not required (under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility: 

to examine the accounts (under section 145 of the 2011 Act); to follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 145(5)(b) of the 2011 Act); and to state whether particular matters have come to my attention. 

## **Basis of the Independent Examiner’s Report** 

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts. 

## **Independent Examiner’s Report** 

In connection with my examination, no matter has come to my attention: 

- 1 which gives me reasonable cause to believe that in any material respect the requirements : 

   - -to keep accounting records in accordance with section 130 of the 2011 Act; and 

   - -to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or 

- 2 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. 

## _Peter Sutton_ 

P J Sutton FCA 2 West Hill Road Foxton Cambridge CB22 6SZ 15[th] March 2023