SHROPSHIRE MASONIC CHARITABLE ASSOCIATION
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £19,428 for the year ended 31 December 2024, resulting in total net assets of £283,226. Per the trustees' report, unrestricted funds totalled £119,620, which is below the stated policy target of maintaining reserves for three years of charitable donations. The charity has no employees and relies on voluntary income and investment returns to fund its activities.
What the accounts disclose
“Unrestricted funds at 31 December 2024 totalled £119,620.” — page 5
Year-over-year changes
- Reserves position vs the charity's own policy moved from "above" (FY2021) to "below" (FY2024).
Trustees
- Allen Douglas Cadmanchair
- Andrew Clarke
- Duncan John Maidens
- John Kevin Millington
- John Raymond Weaver
- Jonathan Peter Stubbs
- Kim March
- Peter Charles Faulks
- Rusell Brooks
- Russell Shaun Price
- Steven Robert David West-Wynn
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £120k | £109k |
| 31/12/2023 | £44k | £76k |
| 31/12/2022 | £166k | £53k |
| 31/12/2021 | £59k | £46k |
| 31/12/2020 | £60k | £90k |
Common questions
Is SHROPSHIRE MASONIC CHARITABLE ASSOCIATION financially healthy?
The accounts state that the charity reported a net deficit of £19,428 for the year ended 31 December 2024, resulting in total net assets of £283,226. Per the trustees' report, unrestricted funds totalled £119,620, which is below the stated policy target of maintaining reserves for three years of charitable donations. The charity has no employees and relies on voluntary income and investment returns to fund its activities. Its FY2024 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 |