THE GRAND LODGE OF MARK MASTER MASONS' FUND OF BENEVOLENCE
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £927,503 for the year, resulting in a decrease in total reserves from £20.8 million to £19.9 million. Per the trustees' report, unrestricted reserves are held at a level sufficient to generate adequate investment income to meet current funding requirements, with no stated policy target defined in months of expenditure. The trustees and auditors confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“During the year ended 31 August 2025, the trustees reviewed the reserves policy and agreed to maintain the reserves at a level sufficient to generate adequate investment income to meet current funding requirements. This will be reviewed annually.” — page 4
“The Fund paid a management fee of £200,000 in the year (2024: £200,000) to GLMMM to cover staff and administration costs and charged rent of fnil (2024: £nil) to GLMMM. Due to changes in the terms of the Lease, GLMMM now pays the rent direct to Crown Properties. Included in Donations and Legacies is an amount of £172,000 (2024: £135,000) in respect of the rent paid directly on behalf of the Fund. A corresponding expense is included within support costs. GLMMM also bears the amortisation of the Leasehold Property. At the yearend GLMMM owed MBF £94,109 (2024: GLMMM owed MBF £72,850) in respect of these transactions.”
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Andrew Armbrister
- David Richard Powell
- Dennis Hill
- Dr John Shervington
- Dr Nailesh Mehta
- Graeme Hutchinson
- Ian Clark
- Ian Wolstencroft
- Kevin Hicks
- RICHARD JOHN OLLIVER
- ROGER FRANCIS RICHARDSON
- William Arthur Divall
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £2.2m | £3.4m |
| 31/08/2024 | £1.9m | £2.0m |
| 31/08/2023 | £1.8m | £1.7m |
| 31/08/2022 | £2.0m | £1.4m |
| 31/08/2021 | £1.7m | £2.7m |
Common questions
Is THE GRAND LODGE OF MARK MASTER MASONS' FUND OF BENEVOLENCE financially healthy?
The accounts state that the charity reported a net expenditure of £927,503 for the year, resulting in a decrease in total reserves from £20.8 million to £19.9 million. Per the trustees' report, unrestricted reserves are held at a level sufficient to generate adequate investment income to meet current funding requirements, with no stated policy target defined in months of expenditure. The trustees and auditors confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Crowe U.K. LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DEBMAR BENEVOLENT TRUST LIMITED | 1 | £190k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| ARDINA LIMITED | 1 | £98k |
| YESBE LIMITED | 1 | £68k |
| DONATING CHARITY LIMITED | 1 | £32k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| THE LOPPYLUGS AND BARBARA MORRISON CHARITABLE TRUST | 1 | £17k |
| UNSEEN (UK) | 1 | £15k |