North Wales Freemasons Charity
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted funds of £2,767,362 and restricted funds of £17,122, resulting in total net assets of £2,784,484. The trustees report that funds were maintained at a level sufficient to cover management and administration for a period of twelve months. The independent auditors confirmed that there are no material uncertainties related to the charity's ability to continue as a going concern.
What the accounts disclose
“The policy of the charity is to create sufficient reserves to maximise the contribution that will be made to the forthcoming Festival, and this policy will continue for future Festivals. With the fulfilment of that aim the reserves are retained to provide sufficient funds to cover management and administration for a period of twelve months and to respond to applications for grants which arise from time to time. Funds were maintained at this level throughout the year.” — page 5
Funders the charity credits
- MCF
Trustees
- PHILIP ARTHUR JAMESchair
- Alun Rowland Williams
- Andrew Schofield
- David Walter Eastwood
- Dyfan Vaughan Jones
- Dylan Lloyd Jones
- John Robert Collister
- John Stanley Evans
- Jonathan Dale Prosser
- Morgan Tudor
- PETER JOHN BUTLER
- Paul Maddocks
- STEPHEN PHILIP PAUL OVERTHROW
- Steven Ernest Gardner
- Vincent John Frostick
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £148k | £98k |
| 31/03/2024 | £288k | £107k |
| 31/03/2023 | £50k | £97k |
| 31/03/2022 | £176k | £89k |
| 31/03/2021 | £108k | £88k |
Common questions
Is North Wales Freemasons Charity financially healthy?
The accounts state that the charity holds unrestricted funds of £2,767,362 and restricted funds of £17,122, resulting in total net assets of £2,784,484. The trustees report that funds were maintained at a level sufficient to cover management and administration for a period of twelve months. The independent auditors confirmed that there are no material uncertainties related to the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Salisbury & Company Business Solutions Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE WARWICKSHIRE MASONIC CHARITABLE ASSOCIATION LIMITED | 1 | £0 |