MARGATE MASONIC CENTRE BENEVOLENT FUND

Registered charity 1017423 · accounts filings on the Charity Commission register

The relief of such poor and distressed Brother Masons or their poor and distressed Widows and Children or to or for the benefit of such Masonic Charities or other Charitable Institutions, Societies and objects as the Lodges and Degrees shall in a duly constituted meeting from time to time recommend.

Causes: General Charitable Purposes · Education/training · The Prevention Or Relief Of Poverty · Get email alerts

Latest income
£43k
Latest spending
£35k
Registered
1993
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity's reserves have started to be rebuilt, with unrestricted funds totaling £38,902.91 at year-end. The trustees maintain a policy of retaining sufficient reserves to meet anticipated operating costs for a period of twelve months. The independent examiner confirmed that no material matters came to their attention that would cause them to believe the accounts were not properly prepared.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: twelve months (held: £39k)
The policy of the Trustees remains to retain sufficient reserves to meet anticipated operating costs for a period of twelve months, as well as building up reserves to meet any unexpected future property expenses. — page 3
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Kent

Income and spending

Financial year endIncomeSpending
31/12/2024£43k£35k
31/12/2023£42k£44k
31/12/2022£30k£55k
31/12/2021£25k£31k
31/12/2020£37k£28k

Common questions

Is MARGATE MASONIC CENTRE BENEVOLENT FUND financially healthy?

Per its FY2024 accounts: The accounts state that the charity's reserves have started to be rebuilt, with unrestricted funds totaling £38,902.91 at year-end. The trustees maintain a policy of retaining sufficient reserves to meet anticipated operating costs for a period of twelve months. The independent examiner confirmed that no material matters came to their attention that would cause them to believe the accounts were not properly prepared. Its FY2024 accounts were independently examined.