REGISTERED CHARITY NUMBER: 107857Q Report of the Trustees and Unaudltod Flnanclal Statements for the Y8ar Endfjd 31 Dxomber 2024 Trustees of ury Unitarian Church Mosley & Co 14 Market Place Ram8batto Bury Lancashlre BLO 9HT
Trustees of Bury Unitarlan Church Contsnts of the Flnanclal Statements for tha Year Ended 31 December 2024 Pag Report of the Tvustees 1 to 2 Independent Examlnér'8 Report Statement of Flnancial Activities Balance Sheet Notss to I'he Flnanclal Stat8monts 6 lo 11
Tru¥tees of Bury Unltarlan Church Rèport of the Trustees for the Year Ended 31 DeGomber 2024 The tru8tees present thelr report wlth the financial statements of the charity for the year onded 31 December 2024. The tNstee8 have adopted the provlslon8 Df Accounting and Reportlng by Charities: Statement of Recommended Practlce applicable to Gharities preparing their accounts in accordanGe with the Financial Reporting Standard applicable In th8 UK and Republic of Ireland (FRS 102) (effective 1 January 2019). OBJECTIVES AND ACTIVITIES Ob]oCtlves and alms The church exlsts for the Worship of God and the religiou8, moral and intellectual development of the congregation, who rnay from tlme to Ilme ass6mble therein for such purposes,, provided that no regulation Shall at any time be mad8 whereby the acceptanG8 of any creed, artlcle of Gonf8881on of faith shall bo ejtablished as a Gondltlon of holdlng the office of Minister or cf church memb6rship, The Trustee$ aro an independent body wotftlng In conjunction with the church committee and the Minister. Their respon6ibilities Include the iip-kgep of the chuTGh premis08 and the cemetery at Hol8bottom,' the 8UPPOrt of the ministry and the regulating and maintenance of church funds and invest'ments. The Church and anGillary rooms are used not only by mernb¢r8 Qf the congregation but also by other groups and organisat5on8 Within the local communl'ty area. Activities Includ8 meditalion, book readings, workshops & musiGal and Gharity function8. The attached financial statements show the current state of the finan¢@s which the Trusta08 Gonsider to be sound. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charlty Is controlleoy by its governing document, a deed of trust and Gonstitutes an unincorporated Qharity. REFERENCE AND ADMINISTRATIVE DETAILS Reglstered Charity number 1078570 PrinGipal address 1 Bank Street Bury Lanca8hire BL9 ODN Trust86S N Kenyon Mrs S Holt Mr8 J Thatcher Ms M Price Mis8 M Pollard H Maden Mrs K Hampson Page 1
Trustses of Bury Unltarlan Church Roport of thè "frustees for the Year Ended 31 Decemb6r 2024 REFERENCE AND ADMINISTRATIVE DETAILS Independent Examlner Mosléy & Co 14 Market Plase Ramsbottorn Bury Lancashlre BLO 9HT Approved by ordor of the board of trustee8 on 9 March 2025 and signed on its behalf by,. MLL¥ Mrs J ThatGher- Trustee Page 2
Indopendent Examin&r'8 Report to the Trusteps of Trust8es of Bury Unltarlan Church Independant examiner's report to tho trustees of Trustees of Bury Unitarian Church I report to the charity trustees on my examination of th6 a¢¢ounts of Trustees of Bury Unitarlan Church (the Trust> for the year ended 31 December 2024. Responslbllltles and basi8 of report As the charfty trustees of the Trust you are responsible for tho preparation of th3 accounts in accordance with the requirements of the Charities Act 2011 ('the Act'>. I report in resp6ct of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrylng out my examinatlon I hav3 followed all appllcable Dlrections glven by the Charity Commission under Section 145(5)(b) of the Act. Independent examIne$ statemant I hav6 completed rny examination. I conflrm that no materlal matters have come to rny attention in connection wAth the 8xaminatlon glving mg cauge to be116ve that in any material respeGt'. accountlng reGords were ncl kept in re8pect of tho Trust as required by Section 130 of the Act; or the ac¢ount3 do not accord with those records,, or the accounts do not comply wlth the applicable requirement8 concgrning thg forrn and cont8nt of acccunls set out In the CTriariti6s (Account8 and Report8) Regulation3 2008 other than any requir8ment that the accounts give a true and fair view which is nDt a maltor considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examlnation to whlch attention should be drawn in thi8 rgport in ordèr to enable a propor ijnderstanding of the aG¢ount8 to be reached. Neil Chamberfain ACA Mosley & Co 14 Market Plac Ramsbottom Bury Lancashlre BLO 9HT 9 March 2025 Page 3
Trustses of Bury Unltaylan Church Statement of Flnancial Activities for the Year Ended 31 Decembèr 2024 31.12.24 31.12.23 Total Total fund8 funds Unrestricted R88trlctod fund funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies (1) Investment income 50,989 25,427 78,416 68,932 Totsl 50,990 25,428 7e,416 68,932 EXPENDITURE ON Other 25,139 41,209 66,348 58,919 Net 9alns on investments 45,287 25,015 70,302 NET INCOME 71,138 9,232 80,370 10,013 RECONCILIATION OF FUNDS Total funds brought fomard 1,173,538 833,410 1,806,948 1,796,935 TOTAL FUNDS CARRIED FORWARD 1,244,676 642,642 1,887,318 1,8Q6,948 Th8 note8 form part of these finanGial statements Page 4
Tru8te83 of Bury Unltarlan Lhurch Balance Sheat 31 Decembgr 2024 31.12.24 Total fLEnds 31.12.23 Total funds Unrestrlcted Restrlcted fund fund8 Notes FIXED ASSETS Tangible assets Investments 267,070 916,706 267,070 267, 070 617,487 1,534,1 T3 1,426,314 1,183,776 617,467 1,801,243 1,893,384 CURRENT ASSETS Prepayments and accrued Income C88h at bank 17,180 56,488 8,969 16,208 26,149 72,696 21,838 98,311 73,688 25,177 98,845 120,149 NÉT CURRENT ASSETS 73,668 25,177 98,845 120,149 TOTAL ASSETS LESS CURRENT LIABILITIES 1,257,444 842,844 1,gOO,088 1,813,533 ACCRUALS AND DEFERRED INCOME 7 (12,768) (2) (12,770) (6,58S) NET A88ETS 1,244,676 642,842 1,887,318 1,806,948 FUNDS Unrestricted funds RestrlGted funds 1,244,676 1,173,538 642,642 633,410 TOTAL FUNDS 1,887,318 1,806,948 The flnancial statements were approved by the Board of Tru8tees and authorised for issue on 9 March 2025 and were signed on its behalf by,. . (]fvu+ Vl. ITh J Thatcher- Trustee Tre notes form part of these flr)ancial statements Page 5
TruatsÈ$ of Bury Unltarlan Church Not88 to the Flnan¢lal Statements for the Year Ended 31 De¢embgr 2024 ACCOUNTJNG POLICIES Basls of preparing the financlal statements The financial stalernents of the charity, whl¢h 18 a public benefit entity under FRS 102, have been prepar8d In accordance wlth the Charitles SORP (FRS 102) 'Accounting and Reportlng by Charities: Statement of R¢comm&nded Practice applicable to charities preparing their accounts In accordance wlth the FlnanGial Reporting Standard applicable In the UK and Republic of Irsland (FRS 102) {8ff6Ctive 1 January 2019),, Fln8ncial Reporting Standard 102 'The Flnanclal Reportlng Standard applicable in the UK and Republic of Ireland, and the Chorlties A¢E 2011. The financlal statements have been pi'epared under the hlstorl¢al cost convention, with the exptIOn of investments which are inclLided at market valu¢, ag modifi8d by the r8valuat]on of certaln assets. Income All Income is recognised in the Statement of Flnanclal Actlvltles once th$ charity has ent,itlem8nt to the funds, it is probable that the inGome will be recefved and the amount can be measured reliably. Expenditure Liabllities are recognlsed as expendlture as soon as Ihere is a legt11 or construclive obligation comrnitting the charlty to that expenditure, it is probable that a transfer of economic benefit8 will be requlred In settlernent and the amoullt of the obllgatlon can be mea8ured reliab. Expenditura is accounted for on an accruals basis and has been classified under headln98 that aggregate all cost Elated to the category, Where cost8 cannot be dir8Qtly attributed to particular headings they have been allocated to actlvltles on a basls consistent wlth the use of resources. Tanglblé fixed assets Depreclatlon Is provlded al the followlng annual rates irh order to wrlte off each a3set over its 8Stim4ted u¥eful life. ChurGh property Manso propÉrty Holebottom cernetery Fixtures and fittings not provided not provided not provided not provided Taxatlon The charity is exempt from tax on its chaiitabl6 activities. Fund accounting Unrestricted fvnds can be used In accordance wÉth the charrtable objectives at the discretion of the trustees. Restricted funds can only be used for particular restrict8d purposes within the objects of the char.ity, Restrlctions arlse when specified by the donor cr when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund 18 included In the notes to the financial statoments. Page 6 contliiued...
Trustses of Bury Unltarlan Church Notes to th& Flnanclal Statements - contlnued for the Year Ended 31 DeGember 2024 INVESTMENT INCOME 31.12.24 31.12.23 Rents recoiv$d Divid8nd8 Deposit acGount inteYBst 15,699 60,503 214 14,794 54,138 76,416 68,932 TRUSTEES. REMUNERATION AND BENEFITS Ther6 were no trustees, remuneration or other benefits for the year ended 31 Dec8mb6r 2024 nor for the year ended 31 December 2023. Truste88' expenses There were no tru8t8es' expenses paid for tho year ended 31 December 2024 nDr for the ye8r ended 31 December 2023. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVIT]ES Unr88trlct8d Restricted fund funds Total funds INCOME AND ENDow[ENTs FROM Investment income 49,051 19,881 68,932 EXPENDITURE ON (Xher 21,101 37,81e 58,919 NET INCOMEI{EXPENDITURE) 27,950 (17,937) 10,013 RECONCILIATION OF FUNDS Total funds broLight fomard 1,145,588 651,347 1,796,835 TOTAL FUNDS CARRIED FORWARD 1,173,538 833,410 1,806,948 Page 7 continuÈd...
Trusts08 of Bury Urtitarlam Church Notes to the Financial Ststomgnts - contlnued for the Year Ended 31 DeGembeY 2024 TANGIBLE FIXED ASSETS Fixtures and flttlng8 ChurGh property Manse property Holebottom cemetery Totals COST At 1 January 2024, and 31 December 2024 9Q,085 167,183 999 9,802 268,069 DEPRECIATION At 1 January 2024 and 31 December 2024 999 999 NET BOOK VALUE At 31 Decernber 2024 90,085 1e7,188 9,802 267,070 At 31 Decernber 2023 90,085 167,183 9,802 2e7,070 FIXED ASSET INVESTMENTS Listed investments MARKET VALUE At 1 January 2024 Additions Disposals Revaluations 1,428,314 50,000 (12,443) 70,302 At 31 December 2024 1,624,173 NET BOOK VALUE At 31 December 2024 1,524,173 At 31 December 2023 1,426,314 There were no investment assets outslde the UK. Cost or valuation at 31 Decetnber 2024 Is represontod by., Listed Investments Valuatlon in 2024 1,534,173 Page 8 continued...
Triistees of Bury Unltarian Church Nots$ to th8 Flnan¢ial Statemenls - Gontinued for the Y&ar Ended 31 Decembar 2024 ACCRUALS AND DEFERRED INCOME 31.12.24 31,12,23 Accruals and def8rr6d Income 12,770 6,585 MOVEMENT IN FUNDS Net movomant in funds At 31.12.24 A11.1,24 Unr&stvlcted funds General fund 1,173,538 71,138 1,244,676 Restrlcled fund8 rviinlstry Fund CIP Fund 626,940 6,470 8,716 516 635,656 6,986 633,410 9,232 842,642 TOTAL FUNDS 1,806,948 80,370 1,887,318 Net movemont in funds, included in the above are as follows.. Incomlng Resources Gains and Movement resource8 expendod losses in funds Unre8triGted funds General fund 50,990 (25,139) 45,287 71,138 Restrlcled funds Mlnlstry Fund CIP Fund 25,087 359 {41,209) 24,858 157 8,716 516 25,426 (41,209) 25,015 9,232 TOTAL FUNDS 16,416 (66,348) 70,302 80,370 Pagg 9 continued...
Trustees of Bury Unltarlan Church Notes to the Flnanclal Statements - contlnuéd for the Year Éndgd 31 December 2024 NIOVEfvIENT IN FUNDS - contlnued Comparativ88 for movement In funds Net movement in funds At 31,12,23 At 1,1,23 Unyestrlcted fundg General fund 1,145,588 27,950 1,173,538 Restrlctsd funds Mlnlstry Fund CIP Fund 644,980 6,367 (18,040) 103 62e,s40 6,470 651,347 (17,937) 633,410 TOTAL FUNDS 1,796,935 10,013 1,808,948 Comparatlve nat movement in fLtnds, inGluded in tho above are as follows., Incoming Resourc6s Movement rosource8 6XP6nded in funds UnrestrJ¢tsd funds General fund 49,051 (21,101) 27,950 Restylcted funds Ministry Fund CIP Fund 19,523 358 (37,563) {18,040) (255) 103 19,881 {37,818} (17,937) TOTAL FUNDS 68,S32 (58,919} 10,013 Page 10 Gontinued..
Trustees of Bury Unltarlan Church Notss to the Flnanclal Ststements . contlnued for tha Year Ended 31 December 2024 MOVEMENT IN FUNDS - contlnued A current year 12 months and prior year 12 monlhs combined p08rfcion is as follows.. Nét movement in funds At 31.12,24 At1.1.23 Unrestricted lunds General fund 1,145,588 99,088 1,244,67e Restrlcted funds Minlstry Fund CIP Fund 844,Q80 8,387 (9,324) 619 635,656 6,986 651,347 (8,705) 642,642 TOTAL FUNDS 1,7g8,935 90,383 1,887,318 A ourr6nt y8ar 12 months and prior year 12 mont'hs combined net movement In funds, Included in the above are as follows: InGoming Re8ource8 Ggins and Movemenl resources expended losses in funds Unrestricted funds General fund 100,041 (46,240) 45,287 99,088 Restricted funds Ministry Fund CIP Fund 44,590 717 (78,772) (255) 24,858 157 (9,324) 619 45,307 (79,027) 25,015 {8,705) TOTAL FUNDS 145,34 (125,267) 70,302 90,383 RELATED PARTY DISGLOSURES There were no related party transactions for the year ended 31 December 2024. Page 11
BURY UNITARIAN CHURCH- CHURCH COUNCIL 2024 Funds at the end of last year131112123 Bank Cash Fun¢l8 at 31112123 £10,736 £120 £10,856 Yoar to Datè Income year to dale YfD Expenses year lo Itale YTD InueasellReductlon) In funds Sank £32,764 £30,234 £12D Cash Total £32,764 £30 234 £120 £0 £0 £0 Funds at31112124 £120 Bank I Cash lo¢atlon8: Congregation Total Funds £10,976 £10,976 Barcl8yS CAF Cash Total Funds £0 £10.866 £120 £10.97e Pald out.. Property Manager Gas (Heating) Electricity Water T818phone Cleaners Repairs etc. (Servicing and Maintenance) Organlst Inquirer Expenses GA Expenses Flowers Publicity Stationery Bank charge (£5 per month) Presentations Misc £8,828 £6,858 £797 £490 £911 £3,222 £3,0( £2,250 £3S6 £1,473 £2,170 £635 £1,292 £60 £36 £14 Total P?id Out £30.234 Pald In.. Donations Trustees-Prop Man Collections Quiz and other events Traidcraft Inquirer Book Sales Room Hire Interest £8,650 £7,488 £8,540 £453 £373 £222 £0 £4,180 £447 Total Paid in: £30.353 2024 ChaTrge in funds £120