Banbrid e District Masonic Chari Re Committee istered with the Chari Commission for Northern Ireland NIC101801 Trustees, Annual Report for the year ended 31st January 2023 The Trustees present the annual report and statements of Receipts and Payments and Assets and Liabilities for Banbridge District Masonic Charity Committee for the year ended 31 st January 2023. Objectives and Activities The principal function of the Banbridge District Masonic Charty Committee is to raise funds through the various Masonic organisations within its District. It does so by promoting the benefits of fundraising to the various Masonic organisations. assisting them with collecting infomiation about potential beneficiaries identifying other sources of income for those beneficiaries such as rates rebates or other forms of income. It does this through dedicated individuals within Masonic organisations in its district. Potential beneficiaries are identrfied by the respective lodges and application forms completed and forwarded to the Charity Committee. These application forms are reviewed by the Charity Committee. collated and fOarded to the Down Masonic Widows, Fund. The Charity Committee receives all funds raised by the Masonic organisations, collates, claims tax relief and distributes to the respective Masonic Funds for distribution to beneficiaries. Achievements, Performance and Public Benefits The Charity Committee through its Masonic organisations raised funds which it passed onto respective Masonic Funds, the principle fund being the Down Masonic Widows, Fund which supported widows from the District who together reiVed £35,520.00 from that Fund. With the relaxation and the eventual lifting of COVID-19 restrictions during the year, normal Masonic activities slowly returned to normal which has resulted in a increase of contributions from the brethren. In December the Charity Committee organised its annual family Carol Service which was a wonderful success and was attended by widows, Masonic and Local dignitaries, along with members of the general public and members of the Masonic Order. Financial Review The Charity Committee reiVed £12,842.50 in Gift Aided Contributions and £8,651.70 in non Gift Aided Contributions and claimed £2,879.02 from HMRC by way of gift aid for the year. The committee distributed £26.507.22 to six Charities the main recipient of which was the Down Masonic Widows, Fund. The Charity Committee intends to distribute as much of its receipts as possible less expenses. During the year Ihe Committee received a number of small donation from each of the Masonic organisations within its district to defray expenses. The Commrttee has sufficient funds wrthin its accounts to meet any costs for the foreseeable future. Going Concern The Trustees have reviewed the accounts for the year ahead and are satisfied that there are adequate funds in place to ensure that the Charity Committee can continue its activities and the financial statements for the year ended 31st January 2023 can be signed off as a going concern. Structure, Governance and Management Governing Document and Constitution of the Charity The Banbridge District Masonic Charity Committee is governed by the Constitution and Rules as amended and adopted at a meeting held on the 31st March 2015 in Banbridge Masonic Hall, Church Square. Banbridge. Page5of8
Banbrid e District Masonic Chari Committee Commission for Northern Ireland NIC101801 istered with the Chari Trustees, Annual Report for the year ended 31st January 2023 (Continued) Appointment of Trustees In accordance with the Constitution and Rules the members as defined in that Constitution and Rules appoint annually the following to be the Board of Trustees: _ President 4 Vice Presidents Chairman Vice Chairman Secretary Assistant Secretary Treasurer 2 Assistant Treasurers Pay and remuneration The Charity Committee does not pay or remunerate any Trustee or member of the Committee. Organisational Structure The governance, strategy, management and administration of The Charity Committee is the responsibility of the Board of Trustees elected in accordance with the constitution to act as Trustees of The Charity Committee. The Charity Committee meets twice a year and on any other occasion deemed necessary by the Board of Trustees. Compliance with Public Benefit The Charity Committee has given careful consideration to the Charity Commission for Northern Ireland's guidance on public benefit to ensure that the activities entered into during the year have helped to achieve The Charity Committee objectives and activities. as well as providing public benefit. Statement of Trustees. Responsibilities The Trustees are responsible for preparing the Trustees. Report and the statement of receipts and payments and statement of assets and liabilities with applicable law and regulations. The law applicable to charities in Northern Ireland with income of less than £250,000 requires the Trustees to prepare a statement of reIPtS and payments and a statement of assets and liabilities for each financial year. The Trustees are responsible for keeping account records that are sufficient to show and explain the Charity Committee's transactions and disclose with reasonable accuracy at any time the assets and liabilities of the Charity Committee. They are also responsible for safeguarding the assets of the Charity Committee and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Signed on behalf of the Trustees Chairman: Michael Robinson Secretary: Graham Walker Page6of8