THE BRIDGEND MASONIC LODGES CHARITABLE TRUST
Financial health, per its FY2024 accounts
The accounts state that net income for the year was £62,451, resulting in total funds carried forward of £322,719. The charity maintains unrestricted reserves of £252,803, which significantly exceed the trustees' stated ideal target of £10,000. The independent examiner confirmed that no material matters came to attention that would cause concern regarding the accounts or the charity's operations.
What the accounts disclose
“The Trustees consider that the ideal level of reserves is £10,000.” — page 3
“On 28 October 2013 the Square and Compasses Bar Limited was formed to undertake a trading activity in support of the charity.” — page 4
Trustees
- ARRAN MORDECAI
- DYFRIG EDAWRDS
- Jonothan David Hughes
- Kerry George Edwards
- Phillip Aubrey
- Robert Charles Adams
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £145k | £83k |
| 31/12/2023 | £90k | £75k |
| 31/12/2022 | £109k | £81k |
| 31/12/2021 | £115k | £75k |
| 31/12/2020 | £54k | £46k |
Common questions
Is THE BRIDGEND MASONIC LODGES CHARITABLE TRUST financially healthy?
The accounts state that net income for the year was £62,451, resulting in total funds carried forward of £322,719. The charity maintains unrestricted reserves of £252,803, which significantly exceed the trustees' stated ideal target of £10,000. The independent examiner confirmed that no material matters came to attention that would cause concern regarding the accounts or the charity's operations. 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 |