THE BURSCOUGH OUTREACH TRUST ANNUAL REPORT & FINANCIAL STA TEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 CHARITY NO. 1089034 THE BURSCOUGH OUTREACH TRUST ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 CONTENTS PAGE Legal & administrative information Report of the trustees Report of the Independent Examiner ststement of financial activlties Balance sheet Notes to the financial statements THE BURSCOUGH OUTREACH TRUST LEGAL & ADMINISTRATIVE INFORMATION Trustses Revd Canon David Banbury, Chair (Retired 1410112024) Revd Elliott Ireton (Appointed 2510612024) Mrs Kerry A C Patton. Treasurer Mr Mark F Aspinall, Secretary Mrs Jeannie Holman Mr Steven Baxter It is considered that the Trustees and any others who could be understood to be 'managers' in the activities and affairs of the charity are 'fit and properf persons under the temis of the Finance Act 201 O. Trustee training is available as and wh8n required. There is a Protection Policy in place in respect of vulnerable adults and children. Checks have been made with the Disclosure and Barring Service in respect of persons dealing regularly with young p8ople and vulnerable adults. The appointed officer for this is the Safeguarding Officer at St John the Baptist Church, Burscough. Principal Offlce 253 Liverpool Road South Burscough Lancs L40 7RE Independent Examiner Fr Alan Clements (Fellow of the Association of Charity Independent Examiners) 15 Carleton Road, Great Knowley, Chorley PR6 8TQ Bankers The Co-operative Bank, P.0. Box 250, Delf House, Southway, Skelmersdale WN8 6wr THE BURSCOUGH OUTREACH TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees present their annual report and financial statements of the charity for the year ended 31 De￿mber 2024. The financial statements have been prepared in accordan￿ with the accounting policies set out on page 8 and comply with the charity's trust deed, the Charities Act 2011 and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published on 16 July 2014. The trustees also gave consideration to the Charity Commission's guidance on public benefit and, in particular the specific guidance concerned with the advancement of religion. Our constitution and objects as described below set out our mission to proclaim the Christian faith through the advancement of education amongst children and young people, and through supporting those in need, both in Burscough and in other countries around the world. Constitution and objects The Burscough Outreach Trust is constituted under a trust deed dated 6 September 2001 and is a registered charity number 1089034. The objects of the charity are to advance the Christian faith in Burscough and other such parts of the UK or world as the trustees from time to time think fit, in any of the following ways.. To advance education in accordance with the Christian faith amongst children and young people including those in schools, colleges and other educational establishments., To relieve persons who are in conditions of need or hardship or who are aged or sick, and to relieve the distress caused thereby; To promote and fulfil any such other charitable purposes in furtherance of the above objects as the trustees from time to time determine. Appointment of Trustses The body of trustees consists of 5 persons being 3 ex-officio trustees, namely the vicar and two of the church wardens of the ecclesiastical parish of St John the Baptist, Burscough; and 2 nominated trustees who shall hold office for 4 years. Risk Assessment The major risks to which the charity is exposed, as identified by the trustees, have been reviewed and systems have been established to mitigate those risks. The trustees recognise that in relation to 'Risk Assessment, risk is defined as 'the threat of any action which will adversely affect the charity's ability to achieve its objectives and execute its strategies,. Rasarv8s Policy As an employer, the trustees believe that it is important to have a reasonable and morally responsible policy to the holding of resenies. Our policy, therefore, is to always hold enough unrestricted reserves to cover our employee costs for at least 6 months. At 31 st December 2024, restricted reserves were held totalling £24,598 (2023: £26,422). These related to: Support of young people with mission projects (£8,825), Hardship grants to children, families and young people (£15,324)., and other small restricted reserves (totalling £449). In addition, the trust held unrestricted reserves amounting to £35,991 (2023.. £37,560). THE BURSCOUGH OUTREACH TRUST REPORT OF THE TRUSTEES (CONTINUED) General review of the year During the year the trust has received both restricted and unrestricted donations from individuals and other organisations. The trust is grateful to have received generous grants from St John the Baptist Church, Burscough, towards the payment of salaries. Total incoming resources amounted to £65,122 (2023.. £52,208). During the year the trust supported three staff roles: a Youth & Young Adult's Ministry Co- ordinator. a Children & Families, Ministry Co-ordinator,. and a Pastoral Ministry & Social Action Co-ordinator. Through St John the Baptist Church, and working with many volunteers, they provide a wide range of activities for teenagers, children, families and older people in the local area and support in times of crisis and need. Using income from specific donations, financial support was made available to enable children and young people to take part in various church activities such as weekends away and summer conferences. The trust also provided funding towards windows for the hospital expansion project in Kipushya. Democratic Republic of Congo using specific donations given in previous years. Total resources expended amounted to £68,515 (2023: £68,898). Statement of trustees, responsibilities The charity trustees are responsible for preparing a trustees, annual report and financial statements in accordan￿ with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the charity's financial activities during the year and of its financial position at the end of the year. In preparing those financial statements, the trustees are required to: select suitable accounting policies and then apply them consistently., observe the methods and principles in the applicable Charities SORP; make judgements and estimates that are reasonable and prudent,. state whether applicable accounting standards and statements of recommended practice have been followed subject to any material departures that must be disclosed and explained in the financial statements. prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (AGGounts and Reports) Regulations, and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities. Approve by ru 1 Oth March 2025 and signed on their behalf by: Mr Mark Aspina Honorary Secretary Charities Act 2011. Independent Examiner's Report. Independent Examiner's Report to the TrllSte￿ of the Burscough Outreach Trust for the year ending 31st December 2024 as set out on page8 5 to 6 of this ReporL Respective responsibilities of the trn8t￿ and examiner. The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my rcsponsibility to . eyamine the accounts under section 145 of the 201 l Act: follow the procedures laid down in the general Directions given by the Charity Commissioner under section 145 (5) (b) of the 201 l Act: and to state whether particular matters have Come to my attention. Ba$1$ of the independeDt examiner's report. My examination was carried out in accordance with the general Directions given by th¢ Charity Commission. An examination includes 2 review of the accounting records kept by the charity and a Comparison of the accounts presented with those records. It also includes consideration of anN' unusual items or disclosures in the accounts and seeking explanations frorn you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts pr¢s¢nt a 'true and fair view,, and the report is limited to those matters as set out in the statement below. Independellt examiner's ststsmenl. In connection with my examination, no other matters has come to my attention . which gives me reasonable cause to belieTre that in any material respect the requirement to ke¢p accounting records in accordance with section 130 of the 201 l Act; and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 201 l Act have not been met, 2. to which, in my opinion, attention should be drawn order to enable a proper understanding of the a￿OuntS to be reached. Signed. J/,,, J [/,,, Fellow of the Association of Charity Independent B￿￿ninerS Date 116l n34nl 2U2S- Rev'd. A. A. Clements MA, ACIB. FCIE. 15 Carleton Road, Great Knowley, Chorley PR6 8TQ THE BURSCOUGH OUTREACH TRUST STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 Note Unrostrlctsd R•strl¢tod TOTAL FUNDS TOTAL FUNDS Funds Funds 2024 2023 INCOMING RESOURCES Incoming ￿Sou￿8S fmm dono 3{a) 13,472 49,249 62,721 50,189 Incom& from charitable tTrding 31b} Income from activities forgen9￿ting funds 3(c) 3(d) 117 117 124 Income 1￿M Inv8Stm8nts 2,284 2,284 1,895 other Income 3{e) TOTAL INCOMING RESOURCES 15,873 49,249 65,122 52,208 RESOURCES EXPENDED Fund raising & publicity 4{a) Grants 4(b) 4,573 4,573 11,120 Activities dir8Ctly mlating to th6 wort( of the Tmst 4(c) 16,937 46,500 63,437 57,425 Support costs 4 GAINS AND LOSSES ON INVESTMENTS - ￿alised unrealised NET MOVEMENT IN FUNDS {1,569) (1,824) (3,393) 116,690) BALANCES Blfvid at 1 st JANUARY 2024 37,560 26,422 63,982 80,672 BALANCES Clfvid at 31st DECEMBER 2024 35,991 24,598 60,589 THE BURSCOUGH OUTREACH TRUST BALANCE SHEET AS AT 31 DECEMBER 2024 Note 2024 2023 FIXED ASSETS Tangible fixed assets Investment assets CURRENT ASSETS Stock Debtors & Pr8payments Short term deposrts Cash at bank and in hand 2,963 2,533 42,000 42,000 15,826 19,649 60,789 64,182 LIABILITIES: AMOUNTS FALLING DUE WITHIN ONE YEAR (200) (2001 NET CURRENT ASSETS 60,589 63,982 NET ASSETS 60,589 63,982 FUNDS Unrestricted 35,991 37,560 Restrided 24,598 26,422 60,589 63,982 Approved by Ihe T n 10th March 2025 and signed on behalf ofthe Trust by.. Mark Aspinall Honorary Secretary THE BURSCOUGH OUTREACH TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 ACCOUNTING POLICIES a) Basls of preparation and assessment of going concern The financial statements have been prepared under the historical cost convention wsth items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The financial slatements have been prepared in accordance with the Statement of Recommended Practi￿.. Accounting and Reporting by Charities preparing their accounts in accordance with the Finan¢i81 Reporting Standard applicable in the UK and Republic of Ireland IFRS102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS102) and the Charities Act 2011. The truslees consider that there are no malerial uncertainties about the Trust's ability to continue as a going concem. With respect to the next reporting period, the most significant area of uncertainty is the18vel of grants and donations that th8 Trust may be able to attract from other bodies. b) Incoming Resources Grants & donalions are re¢ognised when received by or on behalf of the Trust. Planned giving rec81vable under gift aid is recognised only when rec8ived and income tax rewverable on glft aid donations is recognised when the income is recognised. Interest on inv8Stm8nt$ is accounted for when receivable. c) Resources Expended Expenditure is included on an accruals basis. d) Flnanclal Instrumonts The trust only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Ba81C flnancial instruments are inilially recognised at Iransactlon value and subsequently measured at Iheir seltlemenl value. RELATED PARTY TRANSACTIONS AND TRUSTEES, EXPENSES AND REMUNERATION The trustees all giv8 fr881y th8ir time and expertise wilhout any form of remuneration or other benefit in cash or kind. Expenses paid to the trustees in the year lotalled £0 (2023.. £0). Total income received from related parti8s in the reporting period amounted to £53,350 (2023.. £44.8251. Total income recelved from trustèes and their connections was £10,350 (2023.. £9,825). Total income received from St John the Baptist church, an organisation related by shared trustee8, was £43,000 (2023. £35,000) Tolal payments made to related parties in the reporting périod amounted to £3.808 (2023.. £5,800). Total paym8nts made to trustees and their conneclions was £650 {2023.' £350). Total payments made to St John the Baptist church were £3,156 (2023: £5,450). The Burscough Outreach Trust regularly receives donations from the trustees and their connections. The donors did not attach any conditions to their gifts which would require the Charity to signifiGantly alter the nature of its existing activities. THE BURSCOUGH OUTREACH TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 INCOMING RESOURCES Unrestrlcted Restrf¢tod TOTAL FUNDS TOTAL FUNDS Funds Funds 2024 2023 3(a) Incomlng resourcès from donors Planned Giving.. Giving under Gift Aid Income Tax recoverable on Gift Aid Non Gift Aid giving Ad Hoc Donations Legacies Grants from St John the Baptist, Burscough Grants from other organisations 8.522 2,130 2.820 4,879 1,220 13,401 3.350 2,820 150 11,995 2,999 150 195 43,000 43,000 35,000 13.472 49,249 62,721 50,189 3(b) Incomo from charitable tradlng 3{c) Income from activities for gener8tlng funds 117 117 124 3(d) Income fmm Invostmènts Interest on cash daposits 2,284 2,284 1,895 3{e) Other Income TOTAL INCOMING RESOURCES 65,122 52.208 RESOURCES EXPENDED Unrostrlctod Restrlcted TOTAL FUNDS TOTAL FUNDS Funds Funds 2024 2023 4(a) Fund ralslng & publlclty 4(b) Grants Overséa$ Projects Mission Support Fund UK Projects Hardship 1,137 1,137 4,064 2,800 1,375 2.881 11,120 3,436 4,573 3,436 4,573 4(c) Actlvltles dlrectly relatlng to the work of tho Tmst Stsff Salaries staff & Volunt8e¢s expens8S Training Costs 16.717 220 46.500 63,217 220 57,425 16,937 46,500 63,437 57,425 4(d) Support costs 4{e) Trust Management & Admlnlstradon 505 505 353 TOTAL RESOURCES EXPENDED 17,442 51,073 68,515 68,898 ANALYSIS OF STAFF COSTS 2024 2023 Salaries and wages Social security Costs Other pension costs 62,036 56,385 1,181 63,217 1,040 57,425 The average number of employees during the year was 3 (2.17 FTE) (2023.. 3 (2.17 FTE)). All employee time was involvèd in coordinatinc and $upporting eharitabl• aetiviti•$. THE BURSCOUGH OUTREACH TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 DEBTORS & PREPAYMENTS 2024 2023 Income Tax recoverable Accrual of interest on deposit 2,422 541 2,963 2,089 444 2,533 FINANCIAL INSTRUMENTS 2024 2023 Short term deposits Cash al bank and in hand 42,000 15,826 57,826 42,000 19,649 61,649 CREDITORS & ACCRUALS 2024 2023 Accruals 200 200 200 200 FUNDS Unrestrl¢t•d fund$ comprise those funds which the tru$tee$ are free lo use In a¢cordan¢e wlth the charitable objects. Restrlcted funds are funds which have been given for particular purposes and projects. The closing balance ol Restricted Funds comprised the ft)Ilowing.'" 2024 2023 Fund re Pastoral Gifts Fund re Fun Day$lGame$ & Grub Fund re Mission Support Fund re Hardship Fund re HaNe8t (Congo) project 316 133 8,825 15,324 316 133 6,225 18,761 987 24,598