THE ROYAL MASONIC TRUST FOR GIRLS AND BOYS
Financial health, per its FY2024 accounts
The accounts state that the charity reported a surplus of £4.97 million for the year ended 31 March 2024, driven by strong investment gains of £12.03 million. Total income increased by 30% to £5.04 million, while expenditure rose by 4% to £11.17 million. The trustees confirmed that the charity has sufficient resources to meet its liabilities as they fall due.
What the accounts disclose
“Consequently, it is planned that the Charity’s reserves will eventually diminish to a minimal level”
“The MCF has paid out grants on behalf of the Charity during the year, and has been reimbursed by the Charity. Additionally, the MCF has borne all the administrative costs of supporting the Charity as well as its fellow subsidiary charities. The Charity has been recharged a proportion of these costs based upon the relative number of grants processed.” — page 32
Structured financials (annual return, FY ending 31/03/2025)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £5.3m | £11.6m |
| 31/03/2024 | £5.0m | £11.2m |
| 31/03/2023 | £3.9m | £10.7m |
| 31/03/2022 | £3.1m | £10.5m |
| 31/03/2021 | £4.4m | £11.7m |
Common questions
Is THE ROYAL MASONIC TRUST FOR GIRLS AND BOYS financially healthy?
The accounts state that the charity reported a surplus of £4.97 million for the year ended 31 March 2024, driven by strong investment gains of £12.03 million. Total income increased by 30% to £5.04 million, while expenditure rose by 4% to £11.17 million. The trustees confirmed that the charity has sufficient resources to meet its liabilities as they fall due. Its FY2024 accounts were audited by Knox Cropper LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE WARWICKSHIRE MASONIC CHARITABLE ASSOCIATION LIMITED | 2 | £40k |
| THE GRAND CHARITY | 1 | £6.6m |
| NORTHUMBERLAND MASONIC CHARITY ASSOCIATION | 1 | £275k |
| Leicestershire and Rutland Freemasons' Charity (LRFC) | 1 | £187k |
| ATTEND | 1 | £10k |