FARADAY MASONIC BENEVOLENT FUND
Latest income
£108k
Latest spending
£106k
Registered
2019
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that total unrestricted reserves stood at £470,634, which the trustees consider sufficient to cover at least one year's operating costs. The charity reported a net outgoing of resources of £1,856 for the year, resulting in a slight decrease in total net assets from the previous year.
What the accounts disclose
Reserves policy: one year's operating costs (held: £471k)
“The Trustees aim to retain unrestricted current reserves sufficient to cover at least one year's operating costs.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Faraday House Functions Limited is a trading subsidiary. Revenue/expenses for non-Masonic events are accounted through it, and surplus is remitted as Gift Aid.
“The catering and bar revenue and expenses for any non-Masonic events are accounted through Faraday House Functions Limited, a subsidiary company Limited by Guarantee. The surplus made by this company is remitted back to the Fund and is shown as Gift Aid in Incoming Resources.” — page 13
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Faraday House Functions Limited
“The catering and bar revenue and expenses for any non-Masonic events are accounted through Faraday House Functions Limited, a subsidiary company Limited by Guarantee.” — page 13
Per its FY2025 accounts as filed with the Charity Commission.
Register events
- Received assets from another charity (22/02/2020)
Trustees
- ANDREW MUIR WATSON
- David Julian Pickup
- Jarred Thomas Wright
- Nicholas Robin Johnson
- Walter John Stewart Cook
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £108k | £106k |
| 31/12/2024 | £101k | £98k |
| 31/12/2023 | £99k | £94k |
| 31/12/2022 | £74k | £79k |
| 31/12/2021 | £44k | £48k |
Common questions
Is FARADAY MASONIC BENEVOLENT FUND financially healthy?
The accounts state that total unrestricted reserves stood at £470,634, which the trustees consider sufficient to cover at least one year's operating costs. The charity reported a net outgoing of resources of £1,856 for the year, resulting in a slight decrease in total net assets from the previous year. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE GRAND CHARITY | 1 | £6.6m |
| NORTHUMBERLAND MASONIC CHARITY ASSOCIATION | 1 | £275k |
| Leicestershire and Rutland Freemasons' Charity (LRFC) | 1 | £187k |
| THE WARWICKSHIRE MASONIC CHARITABLE ASSOCIATION LIMITED | 1 | £40k |
| ATTEND | 1 | £10k |