Charity registration number NIC105903
RWM STRAIN MASONIC CHARITABLE TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5APRIL 2024

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
BT7 1NG
Solicitors
Cleaver Fulton Rankin
50 Bedford Street
Belfast
BT2 7FW

RWM STRAIN MASONIC CHARITABLE TRUST
CONTENTS
Page
Trustee's report
Independent examinerfs report
Statement of financial activities
statement of financial position
Notes to the financial statements
6-11

RWM STRAIN MASONIC CHARITABLE TRUST
TRUSTEE'S REPORT
FOR THE YEAR ENDED 5 APRIL 2024
The Trustees present their annual report and financial statements for the year ended 5 April 2024.
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
a. 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 povety, 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 Masoni¢ Lodge 533. Lodge 533 took the decision to set up a Trust and
invest the monies. The charity continues 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.
Public benefit
The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the
Charity should undertake.
Achievements and performance
Signrficant activities and achievements against objectives
a. Key performance indicators
During the year the charity received income from investments which has increased from the income received in
the prior year.
b. Key charitable donations
The Trust donated £6,000 to Christian Pollo¢k, an undergraduate student at Queen's University Belfast. £1,500 was
donated to a member of the Order of Freemasonry in Belfast lo assist with medical and other expenditure.
Financial roview
Going concern
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
concem basis can be found in the accounting policies.
Reserves policy
The Trust at present has no policy on reserves, all income and expendtture are unrestricted.

RWM STRAIN MASONIC CHARITABLE TRUST
TRUSTEE'S REPORT (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
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 of the 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.
The Trustees who served during the year and up to the dale of signature of the financial statements were..
MrA Pollock
Mr J Van Hooijdonk
Prof D T Burns
Mr L Rossi
Recruitment and appointment of trustees
b. Methods of appointment or election of Trustees
The management of Ihe Charity is the responsibility of the Trustees who are elected and co-opted under the
terms of the Charity Commission Scheme. The power to appoint new trustees is vested in the Committee of
General Purposes ofthe Queen's University of Belfast Masonic Lodge No. 533. Atrustee may retire by giving the
other trustees one Galendar month's notice in writing of his intention to do so.
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 approved by the Board of Trustees.
MrJVan
Trustee
ooijdonk
14 March 2025

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 2024.
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 (Northern Ireland) 2008. It is my responsibility to-
examine the a¢¢ounts under section 65 of the Charities Act
follow the procedures laid down in the general Directions given by the Commission under section 65(9J(b)
of the Charities Act
state whether particular matters have come to my attention.
I have examined your charity accounts as required under seclion 65 of the Charities Act and my examination was
carried out in accordan¢e with the general Directions given by the Charity Commission for Northern Ireland under
section 65(9)(b) of the Charities Act.
My 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 conceming any such matters.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in ¢onne¢tion with the
examination giving me cause to believe that in any material respect..
accounting records were not kept in respect of the Charity as required by section 63 of the 2008 Act
the financial statements do not accord with those records., or
the financial statements do not comply with the appli¢able requirements concerning the form and content of
a¢¢ounts 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 concems 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.. 14 March 2025

RWM STRAIN MASONIC CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 5 APRIL 2024
Unrestricted Unrestricted
funds
funds
2024
2023
Notes
Income from:
Investments
Other income
8,986
200
9,508
Total income
9,186
9,508
Expenditure on:
Charitable activities
12,244
4,188
Total expenditure
12,244
4,188
Net gains/(losses) on investments
(150)
56
Net incomel{expenditure) and movement in funds
(3,208)
5,376
Reconciliation of funds:
Fund balances at 6 April 2023
225,703
220,327
Fund balances at 5 April 2024
222.495
225,703
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 2024
2024
2023
Notes
Fixed assets
Investments
10
184,525
196,776
Current assets
Trade and other receivables
Investments
Cash at bank and in hand
11
12
37
35,136
6,963
28,440
4,297
42,136
{4,166)
32,737
(3,810)
Current liabilities
13
Net current assets
37,970
28,927
Total assets less current liabilities
222,495
225,703
Net assets excluding pension liability
222,495
225,703
The funds of the Charity
Unrestricted funds
222,495
225,703
222.495
225,703
The financial state
ents were approved by the Trustees on 14 March 2025
MrJ
Trustee
oijdonk

RWM STRAIN MASONIC CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5APRIL 2024
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
activity of the charity continued to be promoting the relief of poverty, hardship, sickness and distress
amongst members of the Fraternity.
1.1 Accounting convention
The financial statements have been prepared in accordance with the Charity's SORP (FRS 102), the
Charities Act (Northern Ireland) 2008, FRS 102 'The Financial Reporting Standard applicable in Ihe UK and
Republic of Ireland" {"FRS 102") and the Charities SORP "Accounting and Reporting by Charities.. Statement
of Recommended Practice applicable to charities preparing their accounts 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 are prepared in sterfing, 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 otheTwise stated in the
relevant accounting policy.
1.2 Going concern
At the time of approving the financial statements, the Trustees have a reasonable expectation that the Charity
has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees
continue to adopt the going conGern 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.
Restricted funds are subject to specific conditions by donors or grantors 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 income 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
ontingent asset.

RWM STRAIN MASONIC CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
Accounting policies
(Continued)
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economi¢ benefit to a
third party, it is probable that a transfer of economic benefils will be required in settlement, and the amount of
the obligation can be measured reliably.
Expenditure is classified by activity. 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 ¢osts which are not attributable to a single activity are apportioned between 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 investments
Fixed asset investments are initially MeasU￿d at transaction price excluding transaction costs, and are
subsequently measured at fair value at each 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 call 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 paty 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 enlorceable 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 priGe 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 reGognised at
transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is
measured at the present value of the future payments discounted at a market rate of interest. Financial
liabilities Glassified 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 payable5 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 2024
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 judgements
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 the 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.
Income from investments
Unrestricted Unrestricted
funds
funds
2024
2023
Income from listed investments
Interest receivable
8,949
37
9,508
8,986
9,508
Expenditure on charitabl8 activities
Charitable
Charitable
expenditure 8xpenditure
2024
2023
Direct costs
Share of support and governance costs (see note 5)
Support
Governance
7,534
4,710
32
4,156
12.244
4,188
Analysis by fund
Unrestricted funds
12,244
4.188

RWM STRAIN MASONIC CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
Support costs allocated to activities
2024
2023
Donations
Bank charges
Governance costs
7,500
34
4,710
32
4,156
12,244
4,188
Analysed between:
Charitsble expenditure
12,244
4,188
2024
2023
Governance costs comprise:
Accountancy fees
Investment management fees
1,810
2,900
1,680
2,476
4,710
4,156
Trustees
None of the Trustees (or any persons connected with them) received any remuneration or benefits frcffl the
Charity during the year.
Employees
2024
Number
2023
Number
There were no employees whose annual remuneration was more than £60,000.
Gains and losses on investments
Unrestricted Unrestricted
funds
funds
2024
2023
Gainsl(losses) arising on:
Change in book price of investments
Sale of investments
360
{510)
56
(150)
56

RWM STRAIN MASONIC CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5APRIL 2024
Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
10 Fixed asset investments
Listed
investments
Cost or valuation
At 6 April 2023
Valuation changes
Disposals
196,776
360
(12,611)
At 5 April 2024
184,525
Carrying amount
At 05 April 2024
184,525
At 05 April 2023
196,776
Investments are valued at cost in the accounts. Evelyn Partners value the investment at £290,926 on 5 April
2024 (2023.. £288,368).
11 Trade and other r8c8ivabl8s
2024
2023
Amounts falling due within ono year:
Other receivables
37
12 Current asset investments
2024
2023
Listed investments
35,136
28,440
13 Current liabilities
2024
2023
A¢¢ruals and deferred income
4,166
3.810
10-

RWM STRAIN MASONIC CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
14 Unrestricted funds
At 6 April
2023
Incoming
resources
Resources
expended
Gains and
losses
At 5April
2024
General funds
225,703
9,186
(12,244)
(150)
222,495
Previous year:
At 6 April
2022
Incoming
resources
Resources
expended
Gains and
losses
At 5 April
2023
General funds
220,327
9,508
(4,188)
56
225,703
15 Related paty transactions
There were no disclosable related party transactions during the year (2023 - none).
11