Charity registration number NIC105903
RWM STRAIN MASONIC CHARITABLE TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5APRIL 2023

RWM STRAIN MASONIC CHARITABLE TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
MrA Pollock
Mr J Van Hooijdonk
Prof D T Burns
Mr L Rossi
Charity number
NIC105903
Independent examiner
Miscampbell & Co
6 Annadale Avenue
Belfast
BT7 3JH
Bankers
Ulster Bank
91-93 University Road
Belfast
BT71NG
Solicitors
Cleaver Fulton Rankin
50 Bedford Street
Belfast
BT2 7FW

RWM STRAIN MASONIC CHARITABLE TRUST
CONTENTS
Page
Trustee's report
Independent examiner's report
Statement of financial a¢tivities
Statement of financial position
Notes to the financial statements
6-10

RWM STRAIN MASONIC CHARITABLE TRUST
TRUSTEE'S REPORT
FOR THE YEAR ENDED 5APRIL 2023
The Trustees present their annual report and financial statements for the year ended 5 April 2023.
Dr. RWM Strain Masonic Charitable Trust is a charity. The Charity is registered with the Charity Commission in
Northern Ireland and has the charity number NIC105903.
Objectives and activities
Policies and objectives
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance
published by the Charity commission relating to public benefit.
The Trust was established to promote and advance by charitable means..
The relief of poverty, hardship, sickness and distress amongst members of the Fraternity of Freemasons of
the Irish Constitution within the area of benefit and the wives, widows, children and other remoter issue and
dependents of such members.
To further the education of any such persons who are in need of financial assistance by awarding
scholarship exhibitions, bursars or by granting maintenance allowances tenable at any school, university or
other educational establishment approved by the trustees. To assist such persons entry into a trade,
profession or service or to setup in business.
To assist any other Masonic charity connected with the Fraternity of Freemasons within the area of benefit.
The trust was originally set up in 2001, when monies were bequeathed from the late Dr RWM Strain's estate to
the Queen's University Masonic Lodge 533. Lodge 533 took the decision to set up a Trust and
invest the monies. The charity ¢ontinues to derive its income from investments.
b. Main activities undertaken to further the Charity's purposes for the public benefit
The charity has a number of investments, the results of the gain on investments are used to make donations
listed below in the Review of Activities.
The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the
Charity should undertake.
Achievements and performance
Key performance indicators
During the year the charity received income from investments which has increased from the income received in
the prior year.
b. Review of activities
No donations were made during the year.
Financlal review
After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate
resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt
the going concern basis in preparing the financial statements. Further details regarding the adoption of the going
concern basis can be found in the accounting policies.
The Trust at present has no policy on reserves, all income and expenditure are unrestricted.
structure, governance and management
Dr. RWM Strain Masonic Charitable Trust is a registered charity, number NIC105903, and is constituted under a
Charity Commission Scheme. The principal object of the charity is to promote and advance the relief of poverty,
hardship, sickness and distress amongst members ofthe Fraternity of Freemasons of the Constitution within the
area of benefit and the wives, widows, Children and other remoter issue and dependents of such members.

RWM STRAIN MASONIC CHARITABLE TRUST
TRUSTEE'S REPORT (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2023
The Trustees who seNed during the year and up to the date of signature of the financial statements were:
MrA Pollock
Mr J Van Hooijdonk
Prof D T Burns
b. Methods of appointment or election of Trustees
The management ofthe Charity is the responsibility of the Trustees who are elected and co-opted under the
terms of the Charity Commission S¢heme. The power to appoint new trustees is vested in the Committee of
General Purposes of the Queen's University of Belfast Masonic Lodge No. 533. Atrustee may retire by giving the
other trustees one calendar month's notice in writing of his intention to do so.
c. Financial risk management
The Trustees have assessed the major risks to which the Charity is exposed, in particular those related to the
operations and finances of the Charity, and are satisfied that systems and procedures are in place to mitigate
exposure to the major risks.
The Trustee's report was app
ved by the Board of Trustees.
Mr J Van Hooijdonk
Trustee
2 February 2

RWM STRAIN MASONIC CHARITABLE TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF RWM STRAIN MASONIC CHARITABLE TRUST
I report to the Trustees on my examination of the financial statements of RWM Strain Masonic Charitable Trust (the
Charity) for the year ended 5 April 2023.
Responsibilities and basis of report
As the Trustees of the Charity you are responsible for the preparation of the financial statements in accordance with
the requirements of the Charities Act 2011 {the 2011 Act).
I report in respect of my examination of the Charity's financial statements carried out under section 145 of the 2011
Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission
under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
Your attention is drawn to the fact that the ¢harity has prepared financial statements in accordance with Accounting
and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable
in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities.. Statement
of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been
withdrawn.
l understand that this has been done in order for financial statements to provide a true and fair view in a¢cordan
with Generally Accepted Accounting Pra¢ti¢e effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I confirm that no matters have Come to my attention in connection with the
examination giving me Gause to believe that in any material respect:
accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act,. or
the financial statements do not accord with those records., or
the financial statements do not comply with the applicable requirements ¢on¢erning the form and content of
accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the
accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention
should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
P Miscampbell FCA
Miscampbell & Co
6 Annadale Avenue
Belfast
BT7 3JH
Dated.. 2 February 2024

RWM STRAIN MASONIC CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITUREACCOUNT
FOR THE YEAR ENDED 5 APRIL 2023
Unrestricted Unrestricted
funds
funds
2023
2022
Notes
Income from:
Investments
9,508
9,965
endi
Charitable activities
4,188
9,094
Net gainsl(losses) on investments
56
Nat movement In funds
5,376
871
Fund balances at 6 April 2022
220,327
219,456
Fund balanc8s at 5 April 2023
225,703
220,327
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.

RWM STRAIN MASONIC CHARITABLE TRUST
STATEMENT OF FINANCIAL POSITION
AS AT 5 APRIL 2023
2023
2022
Notes
Fixed assets
Investmenls
10
196,776
197,974
Current assets
Investments
Cash at bank and in hand
11
28,440
4,297
20,301
4,329
32,737
(3,850)
24,630
(2,277)
Current liabilities
12
Net current assets
28,887
22,353
Total assets less current liabilities
225,663
220,327
Income funds
Unrestricted funds
225,663
220,327
225,663
220.327
The financial statements w
re approved by the Trustees on 2 February 2024
Mr J Van Hooijdo
Trustee

RWM STRAIN MASONIC CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2023
Accounting policies
Dr. RWM Strain Masonic Charitable Trust is a charity. The charity is registered as a public benefit entity
with the Charity Commission in Northern Ireland and has the charity number NIC105903. The registered
office address and principal place of business is 111 Stockmans Lane, Belfast, BT9 7JE. The principal
aclivity of the charity continued to be promoting the relief of poverty, hardship, sickness and distress
amongst members of the Fraternity.
1.1 Accounting ¢onvention
The financial statements have been prepared in accordance with the Charity's SORP {FRS 102), the
Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of
Ireland" ("FRS 102") and the Charities SORP "Accounting and Reporting by Charities: Statement ot
Recommended Practice applicable to charities preparing their a¢¢ounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" {effective 1 January 2019). The
Charity is a Public Benefit Entity as defined by FRS 102.
The Charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of
Cash Flows.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to
the extent required to provide a true and fair view. This departure has involved following the Statement of
Recommended Pra¢tice for charities applying FRS 102 rather than the version of the Statement of
Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the Charity. Monetary
amounts in these financial statements are rounded to the nearest £.
Dr. RWM Strain Masonic Charitable Trust meets the definition of a public benefit entity under FRS
102. Assets and liabilities are initially recognised at historical cost or transaction value unless
otherwise stated in the relevant accounting policy.
1.2 Going concern
At the time of approving the financial statements, the Trustees have a reasonable expectation thal the Charity
has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees
continue to adopt the going ¢onGern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable
objectives.
RestriGted ￿ndS are subject to specific conditions by donors as to how they may be used. The purposes and
uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the
Charity.
1.4 Income
Income is recognised when the Charity is legally entitled to it after any performance conditions have been
met, the amounts Can be measured reliably, and it is probable that in¢ome will be received.
Legacies are recognised on receipt or otherwise if the Charity has been notified of an impending distribution,
the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a
Contingent asset.

RWM STRAIN MASONIC CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2023
Accounting policies
(Continued}
1.5 Expenditure
Expenditure is recognised once there is a legal or Constructive obligation to transfer e¢onorniG benefit to a
third paty, it is probable that a transfer of economic benefits will be required in settlement, and the amount of
the obligation can be measured reliably.
Expenditure is Classified by adivity. The costs of each activity are made up of the total of dIr￿t costs and
shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single
activity are allocated directly to that activity. Shared costs which contribute to more than one activity and
support costs which are not attributable to a single activity are apportioned be￿een those activities on a basis
consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and
depreciation charges are allocated on the portion of the asset's use.
1.6 Non-current Inveslments
Fixed asset investments are initially measured at transaGtion price excluding transaction costs, and are
subsequently measured at fair value at ea¢h reporting date. Changes in fair value are recognised in net
incomel(expenditure) for the year. Transaction costs are expensed as incurred.
1.7 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at ¢all with banks, other short-term liquid
investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
1.8 Financial instruments
The Charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12
'Other Financial Instruments Issues, of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the Charity's balance sheet when the Charity becomes party to the
contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when
there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net
basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include trade and other receivables and cash and bank balances, are initially
measured at transaction price including transaction costs and are subsequently carried at amortised cost
using the effective interest method unless the arrangement constitutes a financing transaction, where the
transaction is measured at the present value of the future receipts discounted at a market rate of interest.
Financial assets classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities. including trade and other payables and bank loans are initially recognised at
transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is
measured at the present value of the future payments disGounted at a market rate of interest. Financial
liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of
operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one
year or less. If not, they are presented as non-current liabilities. Trade payables are recognised initially at
transaction price and subsequently measured at amortised cost using the effective interest method.

RWM STRAIN MASONIC CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2023
Accounting policies
(Continued)
Derecognition of financial liabilities
Financial liabilities are derecognised when the Charity's contractual obligations expire or are discharged or
cancelled.
Critical accounting estimates and judgemants
In the application of the Charity's accounting policies, the Trustees are required to make judgements,
estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent
from other sources. The estimates and associated assumptions are based on historical experience and other
factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in Ihe period in which the estimate is revised where the revision affects only that
period, or in the period of the revision and future periods where the revision affects both current and future
periods.
Investments
Unrestricted Unrestricted
funds
funds
2023
2022
Income from listed investments
9,508
9,965
Charitsble activities
Charitable Charitable
Expenditure Expenditure
Heading 1 Heading 1
2023
2022
Share of support costs (see note 5)
Share of governance costs (see note 5)
32
4,156
4,534
4,560
4,188
9,094

RWM STRAIN MASONIC CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2023
Support costs
Support Governance
costs
costs
2023
Support Governance
costs
costs
2022
Donations
Bank charges
4,500
34
4,500
34
32
32
Legal and professional
Accountancy fees
Investment Management
fees
144
1,540
144
1,540
1,680
1,680
2,476
2,476
2,876
2,876
32
4,156
4,188
4,534
4,560
9,094
Analysed be￿een
Charitable activities
32
4,156
4,188
4,534
4,560
9,094
Governance costs includes payments to the Independent Examiner of £1,680. {2022- £1,540) for examination
of the Charity's annual accounts.
Trustees
None of the Trustees (or any persons ¢onne¢ted with them) received any remuneration or benefits from the
Charity during the year.
Employees
2023
Number
2022
Number
There were no employees whose annual remuneration was more than £60,000.
Net gainsl(losses) on investments
Unrestricted
funds
Total
2023
2022
Revaluation of investments
56

RWM STRAIN MASONIC CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5APRIL 2023
Taxation
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section
252 of the Taxationof Chargeable Gains Act 1992 to the extent that these are applied to its charilable objects.
10 Fixed asset investments
Llsted
investments
Cost or valuation
At 6 April 2022
Additions
Valuation changes
Disposals
197,974
4,345
56
(5,599)
At 5 April 2023
196,776
Carrying amount
At 05 April 2023
196,776
At 05 April 2022
197,974
Investments are valued at cost in the accounts. Evelyn Partners value the investment at £288,368 on 5 April
2023 (20221- £293,629).
11
Current asset investments
2023
2022
Listed investments
28,440
20,301
12 Current liabilities
2023
2022
Accruals and deferred income
3.810
2,277
13 Related party transactions
There were no disclosable related party transactions during the year {2022- none).
10-