Durham Freemasons Charity
To assist distressed masons and their dependants and provide assistance to local charities.
Financial health, per its FY2024 accounts
The accounts state that the charity generated a surplus of £56,962 for the year ended 31 December 2024, bringing total net assets to nearly £11 million. The trustees consider the level of unrestricted free reserves held to be adequate to cover the requirements prescribed in their reserves policy. The auditor confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future with no material uncertainties identified.
What the accounts disclose
“Investments 4 417,219” — page 18
“The General Purposes Committee has examined the requirement for free reserves, which are those unrestricted funds not invested in fixed assets, designated for specific purposes or otherwise committed and consider that this should be at a level to give sufficient working capital to cover core costs for the next year.” — page 10
“From 8 March 2025 the trustees and members of the General Purposes Committee became Directors of Durham Benevolence limited, a dormant company, which is now the sole trustee of Durham Freemasons Charity.” — page 11
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- DURHAM BENEVOLENCE LTD
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £524k | £607k |
| 31/12/2023 | £534k | £370k |
| 31/12/2022 | £445k | £493k |
| 31/12/2021 | £1.2m | £773k |
| 31/12/2020 | £692k | £382k |
Common questions
Is Durham Freemasons Charity financially healthy?
Per its FY2024 accounts: The accounts state that the charity generated a surplus of £56,962 for the year ended 31 December 2024, bringing total net assets to nearly £11 million. The trustees consider the level of unrestricted free reserves held to be adequate to cover the requirements prescribed in their reserves policy. The auditor confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future with no material uncertainties identified. Its FY2024 accounts were audited by Allen Sykes Audit Limited.
Charities like this
- OXFORDSHIRE MASONIC CHARITY
- CHESHIRE FREEMASONS' CHARITY
- North Wales Freemasons Charity
- PROVINCE OF CAMBRIDGESHIRE MASONIC BENEVOLENT ASSOCIATION
- WEST RIDING MASONIC CHARITIES LIMITED
- BRISTOL MASONS' CHARITY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| Durham Freemasons Charity | £524k | — | 0 | above | — | no doubt |
| OXFORDSHIRE MASONIC CHARITY | £88k | — | 0 | above | — | no doubt |
| CHESHIRE FREEMASONS' CHARITY | £232k | — | 0 | unclear | — | no doubt |
| North Wales Freemasons Charity | £148k | — | 0 | above | — | no doubt |
| PROVINCE OF CAMBRIDGESHIRE MASONIC BENEVOLENT ASSOCIATION | £153k | — | 0 | unclear | — | no doubt |
| WEST RIDING MASONIC CHARITIES LIMITED | £764k | — | 0 | unclear | — | no doubt |