THE PROVINCIAL GRAND LODGE OF DEVONSHIRE BENEVOLENT FUND
Financial health, per its FY2022 accounts
The accounts state that the charity's total funds decreased from £6,375,832 to £5,627,846 due to a net loss on investments of £666,603, which the trustees attributed to market upheaval and volatility. Despite this drop in asset value, the charity maintained its charitable grant policy, distributing £171,780 in grants during the year. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
Trustees
- NICHOLAS BALLchair
- COLIN CHARLES GALE
- DAVID WHEATON
- DR Reuben Christopher Simon Ayres DM, FRCP
- MARTIN FRANCIS ELLIOTT
- MICHAEL GERVAS WALKER
- THOMAS BARRETT WHITE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £203k | £121k |
| 31/12/2023 | £169k | £124k |
| 31/12/2022 | £128k | £209k |
| 31/12/2021 | £160k | £83k |
| 31/12/2020 | £143k | £74k |
Common questions
Is THE PROVINCIAL GRAND LODGE OF DEVONSHIRE BENEVOLENT FUND financially healthy?
The accounts state that the charity's total funds decreased from £6,375,832 to £5,627,846 due to a net loss on investments of £666,603, which the trustees attributed to market upheaval and volatility. Despite this drop in asset value, the charity maintained its charitable grant policy, distributing £171,780 in grants during the year. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2022 accounts were independently examined.