FARADAY MASONIC BENEVOLENT FUND
The objects of the CIO are to apply both the capital and income to or for 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 trustees shall in their absolute discretion from time to time direct.
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
“The Trustees aim to retain unrestricted current reserves sufficient to cover at least one year's operating costs.” — page 4
“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
“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
Property (HM Land Registry)
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?
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. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE GRAND CHARITY | 1 | £29.6m |
| NORTHUMBERLAND MASONIC CHARITY ASSOCIATION | 1 | £825k |
| Leicestershire and Rutland Freemasons' Charity (LRFC) | 1 | £187k |
| THE WARWICKSHIRE MASONIC CHARITABLE ASSOCIATION LIMITED | 1 | £41k |
| THE HAPPY BABY COMMUNITY | 1 | £20k |
| ATTEND | 1 | £10k |
Charities like this
- GLOUCESTERSHIRE MASONIC CHARITY ACTION
- OXFORDSHIRE MASONIC CHARITY
- RICHARD HENRY HOLMES MASONIC BENEVOLENT FUND
- MASONIC BENEVOLENT FUND OF SOUTH WALES
- PROVINCE OF CAMBRIDGESHIRE MASONIC BENEVOLENT ASSOCIATION
- THE BRIDGEND MASONIC LODGES CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| FARADAY MASONIC BENEVOLENT FUND | £108k | — | 0 | above | — | no doubt |
| GLOUCESTERSHIRE MASONIC CHARITY ACTION | £147k | — | 0 | unclear | — | no doubt |
| OXFORDSHIRE MASONIC CHARITY | £88k | — | 0 | above | — | no doubt |
| RICHARD HENRY HOLMES MASONIC BENEVOLENT FUND | £218k | — | 0 | unclear | — | no doubt |
| MASONIC BENEVOLENT FUND OF SOUTH WALES | £168k | — | 0 | unclear | — | no doubt |
| PROVINCE OF CAMBRIDGESHIRE MASONIC BENEVOLENT ASSOCIATION | £153k | — | 0 | unclear | — | no doubt |