THE LIBRARY AND MUSEUM CHARITABLE TRUST OF THE UNITED GRAND LODGE

Charity number: 1058497
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The Library and Museum houses one of the worlds leading collections of Masonic books, artefacts and ephemera.

Income and expenditure

Data for financial year ending 31 January 2024

Total income:
£610,144

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Donations and legacies £566.36k
Charitable activities £11.91k
Other trading activities £0
Investments £23.82k
Other £8.05k

Total expenditure:
£844,163

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Raising funds £15.77k
Charitable activities £820.77k
Other £7.63k

-£26,338 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

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Raising funds and other expenditure £23.40k
Charitable expenditure £820.77k

People

7 Employee(s)

5 Trustee(s)

6 Volunteer(s)

Employees with total benefits over £60,000

No employees have total benefits over £60k for this charity

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • Education/training
  • Arts/culture/heritage/science
  • Environment/conservation/heritage
Who the charity helps:
  • The General Public/mankind
How the charity helps:
  • Provides Buildings/facilities/open Space
Where the charity operates:
  • Throughout England And Wales

Governance

Registration history:
  • 07 October 1996: Standard registration
Organisation type:
Trust
Other names:
  • THE LIBRARY AND MUSEUM OF FREEMASONRY (Working name)
  • THE LIBRARY AND MUSEUM CHARITABLE TRUST OF THE BOARD OF GENERAL PURPOSES OF THE UNITED GRAND LODGE OF ENGLAND . (Previous name)
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Engaging external speakers at charity events policy and procedures
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Risk management
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Land and property:
This charity does not own and/or lease land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

5 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
James WP Campbell Chair 19 March 2024
None on record
Melanie Aspey Trustee 01 January 2023
THE EXBURY GARDENS TRUST
Received: On time
PHILIPPA JANE GLANVILLE Trustee 21 February 2017
None on record
Dr Richard Andrew Berman Trustee 21 February 2017
None on record
STEPHEN RICHARD NIGEL FENTON Trustee 12 December 2012
None on record

Financial history

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Financial period end date

Income / Expenditure 31/01/2020 31/01/2021 31/01/2022 31/01/2023 31/01/2024
Total gross income £1.85m £1.04m £1.10m £607.30k £610.14k
Total expenditure £2.16m £1.31m £1.01m £938.94k £844.16k
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A £128.12k N/A N/A N/A
Income - Donations and legacies £1.01m £998.61k £1.06m £0 £566.36k
Income - Other trading activities £782.27k £0 £0 £0 £0
Income - Charitable activities £11.37k £7.37k £9.52k £0 £11.91k
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £43.81k £29.87k £35.35k £29.02k £23.82k
Income - Other £3.66k £2.64k £125 £9.83k £8.05k
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £1.40m £1.26m £932.30k £905.94k £820.77k
Expenditure - Raising funds £727.63k £35.39k £64.32k £20.92k £15.77k
Expenditure - Governance £4.41k £6.33k £0 £2.95k £1.94k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £7.79k £7.15k £8.19k £6.86k £5.99k
Expenditure - Other £31.84k £8.53k £12.20k £12.08k £7.63k

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/01/2020 31/01/2021 31/01/2022 31/01/2023 31/01/2024
Own use assets £868.26k £779.42k £673.14k £565.38k £458.86k
Long-term investments £920.45k £1.05m £1.15m £731.71k £634.56k
Other assets £584.00k £150.31k £140.99k £153.94k £131.33k
Defined benefit pension scheme asset or liability -£99.71k -£297.27k -£142.18k £0 £0
Total liabilities £110.68k £145.18k £91.31k £106.34k £140.42k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 January 2024 29 November 2024 On Time
Accounts and TAR 31 January 2024 29 November 2024 On Time Download Open in new window
Annual return 31 January 2023 04 November 2023 On Time
Accounts and TAR 31 January 2023 29 November 2023 On Time Download Open in new window
Annual return 31 January 2022 27 November 2022 On Time
Accounts and TAR 31 January 2022 27 November 2022 On Time Download Open in new window
Annual return 31 January 2021 27 July 2021 On Time
Accounts and TAR 31 January 2021 27 July 2021 On Time Download Open in new window
Annual return 31 January 2020 10 November 2020 On Time
Accounts and TAR 31 January 2020 10 November 2020 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

TRUST DEED DATED 31/07/1996 AS AMENDED BY DEED DATED 18/11/1997 AS AMENDED BY DEED DATED 19/07/1999 AS AMENDED BY DEED DATED 16/10/2001 AS AMENDED BY DEED DATED 10/10/2006 AS AMENDED BY DEED DATED 24/03/2009 AS AMENDED BY DEED DATED 12/12/2012

Charitable objects

THE TRUSTEES SHALL HOLD THE CAPITAL AND INCOME OF THE TRUST FUND UPON TRUST [1]. WITHOUT PREJUDICE TO THE BELOW MENTIONED SUB-CLAUSE 3.2 TO PROVIDE MAINTAIN MANAGE UPKEEP AND IMPROVE A MUSEUM AND LIBRARY FOR THE EDUCATION AND BENEFIT OF THE GENERAL AND TO COLLECT MAINTAIN PRESERVE CONSERVE DISPLAY AND MAKE AVAILABLE TO THE GENERAL PUBLIC FOR RESEARCH AND EDUCATION THE ARCHIVES RECORDS PRINTED MATERIAL REGALIA JEWELS AND ARTEFACTS FREEMASONRY. [2]. TO APPLY THE INCOME AND ALL OR SUCH PART OR PARTS OF THE CAPITAL OF THE TRUST FUND FOR OR TOWARDS SUCH CHARITABLE PURPOSES AND TO MAKE DONATIONS TO SUCH CHARITABLE INSTITUTION OR INSTITUTIONS AT SUCH TIME OR TIMES AND IN SUCH MANNER AS THE COUNCIL MAY IN THEIR ABSOLUTE DISCRETION THINK FIT BUT SUBJECT TO SUCH APPROVALS OR OR CONSENTS AS MAY FOR THE TIME BEING BE PRESCRIBED BY LAW OR IN THE REGULATIONS HEREINAFTER REFERRED TO PROVIDED THAT THE TRUSTEES MAY AT THEIR ABSOLUTE DISCRETION FOR THE PERIOD OF TWENTY-ONE YEARS FROM THE DATE OF THIS DEED INSTEAD OF APPLYING THE INCOME OF THE CHARITY IN ANY YEAR ACCUMULATE ALL OR ANY PART OF SUCH INCOME AT COMPOUND INTREST BY INVESTING THE SAME AND THE RESULTING INCOME IN ANY OF THE AUTHORISED INVESTMENTS AND HOLD THE SAME AS AN ACCRETION TO AND AS PART OF THE CAPITAL OF THE CHARITY WITHOUT PREJUDICE TO THEIR RIGHT TO APPLY THE WHOLE OR ANY PART OF SUCH ACCUMULATED INCOME IN ANY SUBSEQUENT YEAR AS IF THE SAME WERE INCOME OF THE CHARITY ARISING IN THE THEN CURRENT YEAR.

Area of benefit

The area the charity can operate in, as set out in its governing document.

NOT DEFINED

Contact information

Address:
MUSEUM OF FREEMASONRY
FREEMASONS HALL
60 GREAT QUEEN STREET
LONDON
WC2B 5AZ
Phone:
02073959257
Email:
contact@museumfreemasonry.org.uk
Website:

museumfreemasonry.org.uk