PROVINCIAL GRAND LODGE OF NOTTINGHAMSHIRE CHARITY COMMITTEE
To assist aged or indigent Freemasons.To assist widows and children of Freemasons.To distribute such other relief and charity as the Committee may direct.
Financial health, per its FY2024 accounts
The accounts state that total unrestricted reserves stood at £1,879,995, with the trustees noting that working capital is in excess of twenty-four months' expenditure without any income. The trustees report a reasonable expectation of adequate resources for the foreseeable future, supported by significant investment assets and a stated intention to maintain current reserve levels.
What the accounts disclose
“It is the intention of the Trustees that, with the exception of the J. F. Mortimer Legacy Fund, charitable donations will in each year equate to income receipts and that the current reserves will not increase materially, subject to fluctuations in the value of the investment portfolio.” — page 5
Trustees
- Collin Bainbridge
- Julian Patrick Townsend
- Kevin John Meredith
- ROGER GORDON CHEETHAM
- Robin Maung
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £62k | £83k |
| 31/12/2023 | £74k | £103k |
| 31/12/2022 | £58k | £59k |
| 31/12/2021 | £54k | £69k |
| 31/12/2020 | £75k | £55k |
Common questions
Is PROVINCIAL GRAND LODGE OF NOTTINGHAMSHIRE CHARITY COMMITTEE financially healthy?
Per its FY2024 accounts: The accounts state that total unrestricted reserves stood at £1,879,995, with the trustees noting that working capital is in excess of twenty-four months' expenditure without any income. The trustees report a reasonable expectation of adequate resources for the foreseeable future, supported by significant investment assets and a stated intention to maintain current reserve levels. Its FY2024 accounts were independently examined.