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Provincial Grand Lodge of Mark Master Masons of Surrey
Report of the Provincial Grand Treasurer - Accounts for the year to 31st August

I have pleasure in submitting the Annual Accounts as Provincial Grand Treasurer, for confirmation by the members. The replenishment of reserves, mainly by reduction of costs, has continued. Furthermore, charges to Lodges for yearbooks were reduced from £70 to £25 per Lodge, particularly helping Lodges with fewer members.

The dues received in the year remained at £6.00 per member for both Mark and RAM. The overall membership numbers (Mark and RAM together) declined from 1,823 to 1,788, with the consequent small reduction in income.

The Surrey Overseer continued with only one issue, but further costs were saved because papers for the Annual Meeting were included in the Overseer. After increased advertising revenue, but reduced income from yearbook sales to Lodges, net publication costs increased from £940 to £2,399. Following negotiations with Fairfield Halls, the hall hire costs were reduced, and with no separate printing costs, there was an overall reduction in net costs of the Annual Meeting from £5,733 to £4,599.

The overall surplus for the year came to £3,886, which increases the Reserves to £11,742. This means that Reserves are now in excess of £10,000, the level held between 2007 and 2009, which I set as a minimum level for the Province to hold. In the next financial year dues remain at £6 per member. I was budgeting for a break even position for the year 2016/17, but the closure of Fairfield Halls, and the consequent necessity to change the venue to Croydon Masonic Halls, will result in a further reduction of costs for the Province and a likely surplus for the year.

R M S Seeley FCA
Provincial Grand Treasurer

Auditors' Report

We have examined the attached Accounts of the General Fund and in our opinion they show a true and proper record of the state of affairs of the Fund at 31st August 2016 and of its revenue results for the year ended on that date

L M Keats FCA G R Best FCA T D Cawte FCA

10 December 2015