The Provincial Grand Lodge of Londonderry & Donegal Masonic Welfare Fund NIC101907 Financial Statements and Trustees, Report For the year ended 31" December 2024
The Provincial Grand Lodge of Londonderry & Donegal Masonic Welfare Fund Contents Page Trustees, Report Independent Examiner's Report Receipts and payments account Statement of assets and liabilities
The Provincial Grand Lodge of Londonderry & Donegal Masonic Welfare Fund Trustees. Report For the year ended 31y¢ December 2024 Trustees.. Mr Simon McHenry Mr Alan Maguire Mr William Mccausland Mr Hugh McFetridge Charity Number: NIC101907 Address: Freemasons, Hall 25 Bishop Street Londonderry BT48 6PR The Provincial Grand Lodge of Londonderry and Donegal Masonic Welfare Fund, constituted by a declaration of Trust made on 17th June 2004 and varied on 14 December 2011, accepted as a charity by HM Revenue & Customs under reference number XN805 l4 and registered with the Charity Commission for Northern Ireland on 26th May 2015 under charity number NIC 101907.
The Provincial Grand Lodge of Londonderry & Donegal Masonic Welfare Fund Trustees, Report For the year ended 31 December 2024 (cont'd) The charity's purposes are detailed within the constitution and can be summaries as. l. To relieve in cases of need, hardship or distress Freemasons and the widows and other dependents of deceased Freemasons principally within the Masonic Province of Londonderry and Donegal. 2. To provide financial assistance to other duly constituted Masonic Charities, 3. To provide financial assistance to any person or body for any charitable pury)ose as defined in article 2 of The Charities Act (Northern Ireland) 2008. The Trustees have had regard to the Public benefit guidance issued by th¢ Charity Commission for Northern Ireland. During the year ended 31 yl December 2024 the charity has conducted the following activities in furtherance ot. its activities for the public benefit; l. Awarded six grants to brethren and the families of brethren to assist with various ill health, disability and financial needs. 2. Made donations to the following local charities, Motor Neurone Disease Association NI, St Vincent De Paul, The Salvation Arn]y, Foyle Food Bank, The Olive Branch, The Simon Community and the Donegal Hospice. 3. Made donations to two other Masonic Charities. The results of the charity's activities during the year and of its position at the year end are included in the Receipts and payments account on page 5 and the Ststement of &ssets and liabilities on page 6. The trustees are thankful for the support of the brethren forniing the membership of the charity and their guests, through their continued generous donations which are used to further the charity's purposes, which have been detailed al)ove. This report was approved by the Trustees on 23rd April 2025 and signed on their behalf by: Sim McHe Trustee
Independent examlner's report to the charity trustees of The Provincial Grand Lodge of Londonderry & Donegal Masonic Welfare Fund We report on the accounts of The Provincial Grand Lodge of Londonderry & Donegal Masonic Welfare Fund for the year ended 31 December 2024. which are set out on pages 5 to Respective responsibilities of charity trustees and examiner As the charity's trustees you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Ireland) 2008. It is our responsibility to: examine the accounts under section 65 of the Charities Act follow the procedures laid down in the general Directions given by the Commission under section 65(9)(b) of the Charities Act state whether particular matters have come to our attention. Basis of independent examiner's report We hav¢ examined your charity accounts as requir¢d under section 65 of the Charities Act and our examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act. Our examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees concerning any such matters. Our role is to state whether any material matters have come to our attention giving us cause to believe: l. That accounting records were not kept in accordance with section 63 of the Chariti¢s Act 2. That the accounts do not accord with those accounting records 3. That the accounts do not comply with the accounting r¢quirements of the Charities Act 4. That there is further information needed for a proper understandin8 of the accounts to be reached.
Independent examiner's report to the cbarity trustees of The Provincial Grand Lodge of Londonderry & Donegal Masonic Welfare Fund {cont'd) Independent examiner's statement We have completed our examination and have no concerns in respect of the matters (l ) to (4) listed above and, in connection with following thc Directions of the Charity Commission for Northern Irelan(L we have found no matter5 that r¢quire drawing to your attention. Trevor Magee FCA 40 Gortree Road tA)ndond¢rry BT47 3LL Date: /</2/zf Kenncth Mcclure I I Swilly Road Portstewart BT55 7DJ Date:
The Provlnclal Grand Lodge of Londonderry & Donegal Masonic Welfare Fund NIC101907 Recolpt8 and payments account for tho year ended 31 Decombor 2024 Unrostrfcted funds Total 2024 Total 2023 Recei Voluntsry Recelpt• Donations Interest received 27,417 6,760 27,417 5,760 29,118 2,160 From Charltable Actlvltl Total recolpts 33,177 33,177 31,268 ments Cost of Charitable Activiti08 Grants and donations Governance costs Insurance Bank fees 18,500 18,61)0 18,150 156 166 Total paymont8 18,665 18,655 18,301 Net (payment8)Irecoipts 14,622 14,522 12,967 Transfers between funds (Deflcltysurplus for the year 4,52
The Provlnclal Grand Lodge of Londonderry & Donegal Masonic Welfare Fund NIC101907 Statoment of a88ets and liablllt108 for the year ended 31 Decembor 2024 Unro8trictod funds Total 2024 Total 2023 Fund8 roconclllatlon Accumulated fund at 31.12.23 157.908 157.908 144,941 (Deficit)Isurplu8 for the year 14,522 14,522 12,967 Accumulated fund at 31.12.24 Bank & cash balanc U18ter Bank Current account 36.536 36.636 37,908 Redwood Bank Notlce account 1 year Bond 35,894 40,000 35,894 40,000 20,000 Cambridge & Counties 3 year Bond 60.000 60.000 60,000 Hampshire Trust Bank 1 year Bond 40,000 172,430 172,430 157,908 Approved by the Tru8tees on 23rd April 2025 and 8igned on thelr behalf by; mon Mc Chalr of Tru