Bury St Edmunds Heritsge Trust (A company limited by guarantee And not having share upital) Report and Financial Statements For the year ended 31 December 2024
Bt]RY ST EDMt)ThDS HERITAGE TRUST (A company limited by guarantee and not bavlng share eapital) Annual report And financiAI statements for the year ended 31 December 2024 Contellts Page: Reference and Administrative details Report of the trustees ststement of fll)ancial activities incorporating income and expenditure account Balance sheet 8-16 Notes forniing part of the fmancial statements 17 Independent Examiner's report
BIJRY ST EDTrtUNDS HERfrAGE TRUST (A company limited by guarantee and not having share capitaD Reference and Administrative details Trustees J M Badman (appoint l July 2025) J O Bedford (resigned 9 April 2025) J Budd (appointed 3 June 2025) SJCook S David A Y Gilmour (r¢s1¢d 3 June 2025) G Howlett (res1Cd 3 June 2025) P Langdon S F Pott (Chairnlan) Registered oftlc¢ 79 Whiting Stree¢ Bury St Edmund4 Suffolk. IP33 INX Limlted Company reglstsred In England and Wales number 6037742 Reglthred eharlty number 1119059 Bankers Lloyds Bank Plc. 28 Risbygate StreeL Bury St Ethnunds, Suffoll(. IP33 3AH Independent ExAminer C Reeve FC& Gascoynes Mos¢leys Farn] Business Centre Fornham All Saints Bury St Edmunds, Suffolk. IP28 6JY
BIJRY ST EDTrtUNDS HERITAGE TRUST (A eompany limited by guarantee and not havlng share capitaD Report of the trustees for the year ended 31 December 2024 The truste¢s are pleased to present thelr report together with the financial statements of the charftty for the year ended 31 Ikcember 2024 which have b¢¢n prepared to meet the requir¢ments for a director's r¢port and accounts for Companies Act purposes. Th¢ tTUSt¢¢s confirni that the annual r¢port and financial stat¢m¢nts of thc charity comply with ¢urr¢nt statutory requirements. the requirements of the charity's gov¢rning document and the provisions of the Statement of Recommended Practic¢ (SORP), applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) published on 16 July 2014 (as amended by Update Bulletin I published on 2 February 2016 and Update Bulletin 2 published P October 2018). structur governance and management Governlng Document Bury St Edmunds Heritage Trust is a rA)mpany limited by gwantee, incorrated 28 December 2006. and governed by its M¢morandum and Articles of Association. It is registered as a charity with the Charity Commission. MeMbehIp is open to any individuat or organisation inter¢st¢d in promoting th¢ objects of the trust whom applies to and is approved by the trustees. Each member agrees to contribute up to £1 O in the event of the charity wmding up. The trustees administer the charity and have control of the trnsL its property and its funds. Trnstees The trustees are also directors for the purposes of the Companies Act 2006. Trustees are appointed by the members in general mecting. All subscribers to the memorandum were the first trustees. One third of th¢ trustees must retire at each Annual General Meeting although any retiring trustee who remains qualified may be reappointed. The trustees m¢¢t regularly during th¢ year. The trustees may at any time co-opt any individual who is qualified to be appointed as a trustee either to fill a vacancy or as an additiond trustee. A eOpted trustee holds office only until the next Annual Gen¢rnl Meeting. When COpting trustees the Board has regard to the skills and attributes any individual may bring to the Charity. appointment all trustees are llY brief on the objects of the charity, its constitution and their responsibilities as trustees of a registered charity. None of the trustees receive remun¢ratAon or any other benefit from their work with the ¢harity. RSsk mAnagement The trust$ have assessed th¢ major risks to which the charity is cxposed and established systems and procedures to mitigate exposure to the major risks. Our puryose8* activities and plans for the future The Bury St Ethnunds Heritsge Trust maintsins its commitment to preserve and improve th¢ heritsge of the Borough of St Edmundsbury and any objects and buildings to b¢ found therein: to promote the public display of works of arL jewellery. clock4 costume and objects of all kind4 to promote the preservatioffj restoration and Improvement of any historical or other buildlngs of general public interest either connected with the collections of objects of any kind or otheTwise' to promote edueation in relation to the heritage of the United Kingdom and in particular the Borough of St Edmundsbury.
BURY ST EDMUNDS HERrrAGE TRUST (A eompany limited by guarantee and not having sbare eapital) Report ofthe trustees for the year ended 31 December 2024 (CODtinued) Our purposa• activitie8 and plans for the future (continued) Thc Guildhall reopened in 2021 aft¢r a difficult 2020. Ther¢ has b¢¢n a small reduction in income in 2024 from 2023, principa]ly due to reduced grant fimding. Income from venue hire has in¢sed from 2023. It is the desire of th¢ Trustees to generate enough income through weddings and corporate events to ¢nabl¢ the building to survive for the use of th¢ town- Heritage events. such as art exhibitions and educational activities are all run in the building. Our wedding bookings are strong for the next y¢ar. Related Party Relationships None of the Trnstees received remuneration or oth¢r b¢n¢fit from their work with the charity but are reRmbursed for eX}ditUre directly in¢urr¢d in connection with the activities of the charty, details of which Can be found in note 21. Publ1¢ Benefit In canying out the activities of the TrusL the trustees have regard to the guidan issued by th¢ Charity Commi&sion on public benefit and ar¢ satisfied that the Trust meets th¢ objectives of the Charities Act. The Trust's rnserves at 31 D¢c¢mb¢r 2024 are all held for th¢ purpose of sustaining the Bury St Ethnunds Guildhall. The Trnstees aim to maintsin a level of reserves adequate to ensure the ongoing future of the Guildhall. At 31 December 2024 the r¢serves were negative. Th¢ trustees and staff ar¢ working hard to address this issue and pledges of support have been received from local organisations. Going Concern After makin8 appropriate enquiries the trustees have a reasonable exfftion that the charity has adequat¢ resources to continue in operational existence for th¢ foresable future and meets its obligations under current projects. For this reason they continue to adopt the going conc£rn basis in pryaring the financia] statements. Further details regarding the adoption of the going concern basis can be found in the Accounting Policias on page 11. Income from venue hire has increased in 2024. Th¢ trustees and staff are working hard to address the negative reserves and, as not¢d abov¢, pledges of support have been received.
Bt]RY ST EDMUNDS HERITAGE TRUST (A company limited by guarantee and not having share eapitat) Report of the trustees for the year ended 31 December 2024 (continued) Investment policy All liquid funds 8r¢ held in on demand bank current accounts ready for immediate application to projects. Review of the Results for the year Net outgoing resources for the year amounted to £21.329 (2023 - outgoing £33245) and funds carried forward are -£12,552 (2023 - £8.777). Details of th¢ incom¢ and expenditure for the year are shown on page 6. Post balaDee sbeet events There have been no significant events affecting the charAty since the year end. Trustee8' responaibilities The Trustees (who are also dire¢tors for the purw)ses of company law) are rwonsible for PAEparing the Tntte$, report and the financial statements in ac¢ordanc¢ with applicabl¢ law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Ac£ounting Prnctice). Company law requir¢s th¢ Tnistees to prepar¢ financial statements for ¢ach fanCial year which give a true and fair view of the stats of affairs of the charitable company and of the incoming resourc and application of resour, including the income and expenditur¢, of th¢ charitsble company for that period. In preparing these fuw]cial statement4 th¢ Trust wuired to: select suitsble accounting plicies and then appty them consistently; observe the methods and principles in the Charities SORP 2019 (FRS102); state whether applicable UK Accounting Standards have been followe(L subject to any material depfirtu disclosed and expl&ined in the financial Stat¢Mffl. make judgements and e#imates that are reasonable and prnden¢ and prepare the fllmncial stat¢m¢nts on the going ¢oncYrn basis unless it is inappropriate to presume that the charitable company will continue in busin The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charitable compfiny and enable them to ensure that the financial statements comply with the Charities Act 2011. the Companics Act 2006 and th¢ provisions of the ChaTity'S Commission. They are also responsible for safeguarding the assets of the charitsble company and hence for tsking reasonable steps for the prevention and detection of fraud and other igularItieS.
BIJRY ST EDMIINDS HERITAGE TRUST (A company limited by guaTaDtee and not having share eapitaD Report of the trustees for the year ended 31 December 2024 (continued) Small Company Exemption This r¢port is prepared in accordance with section 415A of the Compani¢s Act 2006 relating to small companies. On behalf of th¢ Board Slmon Pott StepbeD C{k Simon Pott- Trustee Stephen J Cook- Trnstee Date: 16 September 2025
BIJRY ST EDMUNDS HERITAGE TRUST (A eompany Jimited by guarantee and not hAving share e&pital) Ststsment of Financial Activities for the y¢ar ended 31 December 2024 (ineorpornting an ineome and expenditure account) Unrestricted Restricted nds Fund$ Total 2024 Totsl 2023 F4ote Income from: Donations and legacies 2309 2059 2,323 Charitable activities: Grants received 1.150 5.116 16.134 Other trading activities 80J78 80J78 74,143 Total Ineome 83,937 4,616 88J53 92.600 Expendlture on: Raising funds Charitsble activities Operating- direct Costs Operating- support costs 10 11 12 13 360 97,763 11,701 360 Y1,763 11,759 360 108,989 16.496 Total Expendlture 109,824 109,882 125,845 Net ineomel(expenditure) and Det movement in fvnds for the year Transfers between funds Fund balanees at l JanuAry 2024 (25087) 4J58 (21J29) (33,245) 19 8.777 &777 42,022 Fund balances at 31 December 2024 19 (17,110) 4J58 (12 J52) 8,777 All amounts derive from continuing activities The statement of fmancittl activities includes all sains and losscs rwo8nAsed in th¢ year. The notes on pages 8 to 16 forni part of these financial statements.
BURY ST EDIs HERAGE TRUST {A company limited by guarantee and not having Sh capital) Company Number- 6037742 Balance Sheet at 31 December 2024 Note 2024 2023 16 4.894 Current Assets Debtors Cash at bank Cash in hand 17 17355 13,777 289 31021 13,580 27,007 239 40,826 Current liablllties Creditors 18 36,943 Net Current as8ets (1750) 3,883 Net Assets (12,552) 8,777 RepreJeDted by: (17.110) 8.777 RestrAct¢d Funds Balance of Fund8 19 (12,552) 8,777 The trustees are satisfied that the company is entitled to exemption from the provisions of the Comp1¢8 Act 2006 (th¢ Act) relating to the audit of th¢ financial statements of the year by virtue of section 477. and that no member or members have requested 8n audit pursuant to section 476 of the Act. The trustees acknowledge their responsibilities for (a) ensuring that the company keeps accounting records which comply with section 386 of the Act. (b) preparing financial statsments which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its results for the year then ended in accordance with the requirements of section 393. 8nd which otherwise comply with the requirements of the Act relating to financial statements, so far as applicable to the company. The fllwicial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable ¢ompani¢s and with the Financial Reporting Standard applicablc in thc UK and Republic of Ireland (FRS 102). These financial statements were approved by the trustees on 16 September 2025 and signed on their behalf by: Slmon Pott Stephen Cook Slmon Pott Stephen J Cook The notes on pages 8 to 16 forni part of these financial statements.
BIIRY ST EDMUNDS HERITAGE TRUST (A company limited by guarantee and not having share capital) Notes forniing part of the financial Statements for the year ended 31 December 2024 l General inforn]ation Bury St Edmunds Heritw Tn is a company limit¢d by guarante¢ incorporated in England. It is also a registered chlty and subject to regulation of the Charities Commission. The address of the register¢d otTice is 79 Whiting Str¢¢L Bury St Edmund& SuffolL IP33 INX. 2 Aeeounting Polficles Basls of preparnllon of flnancial Statsments The Charity constitutss a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Ststement of Recommended Practic¢ applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 (as updated through Update Bulletin I published on 2 February 2016 and Update Bulletin 2 published on 5th October 2018), the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102). the Charities Act 2011, th¢ Companies Act 2006 and UK Generally A¢¢epted Pra¢ti¢¢. The company has revised its forniat of accounts, &8 provided by the Companies Act 2006, to include headings which ar¢ relevant to its activities thus enabling it to show a true and fair view. Incom¢ Recognltloll All incoming resources are included in the Ststement of Financial Activities when the charity is legally entitled to the in¢om¢ after any p¢rforn]ance conditions have been mel the amount can be measured reliably and it is probable that the income will be received. The prin¢ipal sources of income re¢¢iveAI by the charity are accountsd for in the Statement of Financial Activities as follows :_ Donalions and lega¢ies Donations are recognlsed when the charity has been notified of the amounts and the settlement date in WTiting. If there are conditions attached to the donation and this requires a level of perforniance before entitlement can be obtsined then income is deferred until those condition$ are fully met or the fulfilment of those Conditions is within the control of the charity and it is probable that they will be fulfilled. For l¢gacies. entiil¢m¢nt is the earli¢r of the charity being notifi of an imp¢nding distribution or the legacy being received. At this point income is recwise& On occasAon legacies will be notified to the hajity however it is not possli )le to measure the amount expected to be distnl)uteiL On these occasio the legacy is treated as a conting¢nt asset and disclosed. Income tsx recoverable in relation to donations under gift aid is recognised at th¢ tftme of the donation.
BIIRY ST EDMUNDS HERAGE TRUST (A company limited by guarantee and not having share capital) Notes fornilng part of the finaneiAI statements for the year ended 31 December 2024 (continued) 2 AeeountiDg Policies - continued GTAnts Income from grants, whether 'capital' grants or 'r¢v¢nue' gr8Dts, is recognised when the charity has entitlement to the funds, any perfonnance conditions attached to the grants have be¢n meL it is probabl¢ that the income will be receiv¢d and the amount can be m¢asured reliably and is not defetted. Expenditure RecoEnltlon Expenditure is recOlsed on an accruals basis once there is a legal or constrnctive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure on ¢haritable activities comprises direct expenditure attrlbutable to the charity's principal activities. Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and costs linked to th¢ managem¢nt of the Charity. Costs of raising funds comprise costs incurred in generating fimds to support direct charitable activities. Irrecov¢rnble VAT is charged as a Cost against the activity for which th¢ expenditure is incurred. Fund Aceountlng Unre8tricled Funds :. The genernl fund consists of funds which the trust may use at its discretion for its main objects and derives principally from donations and related gift aid recoveries not specifically directed to projects. Restrleted Funds : Restricted funds consist of funds received for specific projects on which the donor has imposed restrictions for its application. The costs of raising and administering such funds are charged against the specific fimd. Fixed Assets and Depreeiation Tangible assets are initialty recorded at cos¢ and subsequently stated at cost I$ any accumulated depreciation and impairnlent losses. Depreciation is calculated so as to write off the cost of an asseL less its estimated residual value. ov¢r the useful life of the a&get as follows: Fixtures 8nd Fittings oiric¢ Equipment l 0% straight line 30Yo Straight line
BURY ST EDMt)NDS HERITAGE TRUST (A Company limited by guarantee and not having share eapital) Notes formlng part of the financial statements for the yegr ended 31 December 2024 (continued) 2 A¢wunliDg Policies - continued Debtors Trade and other debtors are rewgnised at the settl¢ment amount due after any trade discount offered. Prepaym¢nts are valued at the amount prepaid net of any trade discounts due. Cash at bank and in hAnd Cash at bank and in hand includes cash and short terni highly liquid inv¢stments with a short maturity of thre¢ months or less from the date of acquigltion or opening of the deposit or similar account. Creditors and provtsio Creditors and provisions are recOlsed when th¢ Charity bas a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle th¢ obligation can be measured or estimated reliably. Creditors and provisions are nomially recolSed at their settlement amount after allowing for any trade discounts du¢. Flnanelal Instruments The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic fmancial instruments are initially recognised at transaction value and subsequently measur¢d at their settlement valu¢ with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. Going concern The financial statements have been prepared on & going concern basis as th¢ Truste¢s believe that no material levant un¢¢rtainties exist. The Trustees have received pleAlges of support from two local charities to Cover the l¢v¢l of incom¢ and exp¢nditur¢ for 12 months from authorising thes¢ financial statements. The budgeted income and expenditure is SUtTicient with the level of reserves and support for the Charity to be able to continue as a going concern. 3 Income All income is wholly attributable to the charitsble activity of the company and arises solely within th¢ United Kingdom. 4 Trustees remuneration and expenses No trusts¢ r¢c¢ived any remuneration during the year. Expenses in¢urred by TrllSts in connection with the artivities of the charity and reimbursed during the year are disclosed in note 21. io
BIJRY ST EDMIYNDS HERITAGE TRUST (A company limited by guarantee And not having share capital) Notes forniing part of the financial statements for the year ended 31 Deeember 2024 (Continued) 5 Iyet incomiDgl(olltgoing) resources 2024 2023 This is stated after Gharging. Independent examiners fee 360 360 6 Taxation The company as a registered charity is not considered liable to tax on its net incoming resources. Income tax deducted at source is recoverable from HRC. Gift Aid is recoverable on qualifying donations. 7 DoDatlons Unrestrieted Restrieted Total 2024 Total 2023 Donations Tax r¢¢overable on Gift Aid 2209 2059 2,323 2209 650 2059 2.323 In 2023 all of the donations income was for unrestricted funds. 8 Grants During th¢ year the following bodies provided grants:. Unrestrietsd Restricted Total 2024 Totsl 2023 Bury St Edmunds Town Council West Suffolk Council 3966 1,150 5,116 16.134 1,150 1,150 16.134 In 2023 all of the wt incom¢ was for regtrict¢d funds. 9 Other trading Acllvti Unrestrieted Restricted Total 2024 Total 2023 Events and other income Office Rentsl and Utiliti¢s Venue Hire 9J66 12,711 58JOI 80,578 966 12,711 58JOI 80,578 10,038 11,933 52,172 74,143
BIIRY ST EDMUNDS HERITAGE TRUST (A company limited by guarantee and not having share capitat) Notes forming part ofthe fillaneial statements for the year ended 31 December 2024 (continued) 10 Cost of raising funds Unrestsithd Restricted Total 2024 Totsl 2023 General fundraising costs 11 Expenditsre on eharitsble aedvltleB Ullrestrieted Re8trleted TotAI 2024 Total 2023 Governance costs 360 360 360 360 360 In 2023. all of the expenditur¢ on charitable activities was for unrestricted fimds. 12 Dlrect costs Operatlon Operating of the Costs GuildhAII UDre8trlcted Re8tricted Total 2024 Total 2023 R¢nt, rates, water and refuse Light and heat Security Repairs and rnaintenance Insurance Promotional Card charges Pur¢has¢s. exhibition and event eXpenS Wages and salari¢s 2389 A193 1386 8,7Q6 2J89 193 1286 8,706 8ffj48 1946 2.430 7.789 2,374 7,182 7,545 7.319 12 10,023 64,315 108,989 65,685 97,763 65,685 97,763 In 2023, of the expenditure on direct costs, £96.265 was for unrestricted funds and £12,724 was for restricted funds. 12
BURY ST EDMUNDS HERITAGE TRUST (A company limited by guArantse and not baving share capitsl) Not&s forniing part of the financial statements for the year ended 31 December 2024 (continued) 13 Support costs Operntion of the GuR1d1m Unre8trieted Restricted Total 2024 Total 2023 Opernting Cleaning Communication costs Office Administratlon Service5 Bookkeeping & Professional fees D¢preciation Gard¢n costs 967 5J86 1,176 2,498 1313 461 11,701 967 1,934 8.988 4279 (51) 1,142 204 16.496 1.176 2.498 1371 461 11,759 In 2023, of th¢ expenditure on support costs, £12,501 w&s for unstrICted funds and £3,995 for restricted funds. 14 Staff ¢osts 2024 2023 Staff costs were as follows: Wages and salaries: Gross salaries Social security Costs Employer pension costs 64J44 63.159 1?41 65,685 1,156 64,315 The average monthly numb¢r of employees during the year was as follows: 2024 2023 Part tlme staff: Service and operational staff Part time staff: Management and administration Non¢ of the trnstees receive remuneration or any other benefft from their work with the charity. IS Governance costs Governance costs comprise the Independent Examiners Fee of £360 (2023 - £360). 13
BIIRY ST EDMUNDS HERITAGE TRUST (A eompany limited by guarantee and not havRDg share eapital) Notes forming part of the financial statements for the year ended 31 December 2024 (eontinued) 16 Fixed Assets Plant & Fixtsres & Equipment Fittings Equipment Totsl Cost At 1st January 2024 Additions At 31 st December 2024 2845 730 3.175 5J17 645 5962 1069 9,631 la75 11,006 1069 Depreelation At I st January 2024 Charge for year At 31 st D¢c¢mber 2024 912 416 lJ28 2807 570 2977 IA18 285 1.703 4,737 lJ71 008 Carryfing Amount At 31 st December 2024 1,847 2,985 166 4,998 At 3 1st December 2023 lJ33 2,910 451 4,894 17 Debtors 2024 2023 Gift Aid rewverable Trad¢ debtors Prepayments 695 7.760 695 3,410 9,475 13,580 17355 18 Creditors 2024 Trade creditors ArualS and deferred income Other creditors 19J25 29.198 19,701 17,017 225 36,943 48071 14
BURY ST EDMUNDS HERITAGE TRUST (A company limited by guarantee and not havAng Share capital) Notr4 forming part of the financial statsments for the year ended 31 Deeember 2024 (continued) 19 Funds Balanee at 01.0124 Ineoming Outgoing Resourees Resources Transfcr3 BalaD¢e at 31.12a4 Ullrestricted Genernt Fund 777 83937 109024 (17.110) Restrlcted Funds Town Council and other 4616 4J58 616 4J58 Total Fulld8 8,777 88,553 109,882 (12,552) The Bury St Edmunds Town Council and other grants and donations were for the purchase of equipment (£750), noticeboards (£570) and the production of a book on the Guildhall (£3296). Funds Balance at 01.01.23 Incoming Outgoing R¢sources ReSoUrS Balance at 31.12.23 Transfers PRIOR YEAR Unre8tricled General Fund 39.468 76,466 109.126 1,909 8,777 Restrleted Fund8 Bury St Edmunds Town Council 2.554 2.554 16,134 J6,134 16, 719 JO, 719 (1,969) (1, 909) Total Fund8 42, 022 92,600 125,845 8, 777 20 Anaty818 of Net Assets Between Fund8 Ullrestricted Restrlcted Total 2024 Total 2023 Fix¢d Assets 4a06 17255 102(K) (48071) {17,110) 692 4998 17J55 I4J6 (48071) {12,552) 4.894 13.580 27246 (36,943) 8,777 Cash at bank Creditors 4,558 Unrestricted Restricted Total 2023 Total 2022 PRIOR YEAR Fixed Assets Debtors C&8h at bank Trade creditors 4.894 13,580 27.246 (36,943) 8, 777 4.894 13.580 27,246 (36.943) 8, 777 5.552 15.517 59,623 (38.070) 42, 022 15
BURY ST EDMUNDS HERftAGE TRUST (A mpallY limited by guarantee alld not having share eapital) Not&4 forniiDg part of the fin*ncial statements for the year ended 31 Dttember 2024 (continued) 21 Relatsd Party Transactions Control The clwity is wider the controI of the trustees. TrADCtion with trnjtees During the y¢ar, Tnth¢s' indemnity insurance was provided at a cost of £222 (2023 - £222). During the year. no expenses were reimbursed to Trustees (2023 - £0). There were no other transactions with trustees during the year other than voluntary donations. 22 Members Guarantee The company has no share capital but is limited by guarantee. Each m¢mb¢r is liable to contribute an amount not exceeding £10 in the event of a winding up. 16
BI]RY ST EDMt)NDS HERAGE TRUST (A company limited by guarnntee and not having share capital) Independent Examiner's report to the Trustees of Bury St Edmund8 HeritAge Trust For the year to 31 Deeember 2024 I rert to the charity trUStS on my exami0 of the accounts of the company for the year ended 31 December 2024 which are set oth on pages 6 to 16. Re8ponsibllitles and basi8 of report As the charity trustees of th¢ company (and also its directors for the purposes of company law) you are responsible for th¢ preparation of the accounts in accordance with the requirements of th¢ Companies Act 2006 ('th¢ 2006 Act,). Having satisfied myself that th¢ accounts of the company are not r¢quired to be audited under Part 16 of th¢ 2006 Act and ar¢ eligible for independent examination. I report in respect of my examination of your company's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act,). In canying out my examination I have followed the DI10S given by the Charity Commission under section 145(5Xb) of th¢ 2011 Act. Independellt euminer's ststement I have completed my ekqmination. I confirn] that no matters have come to my attention in connection with the examination giving m¢ caus¢ to believe that in any material r¢Spt. accounting records were not kept in respect of the company as required by section 386 of the 2006 ACL or 2. the a¢¢ounts do not accord with those ffcords. or 3. th¢ accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view, which is not a matter considered as part of an independent examination. or 4. the accounts have not been pr¢pated in accordan¢¢ with the m¢thods and prinGipl¢s of the Statement of Recommended Practice for accounting and reporting by charities [applirAbl¢ to charities preparing their accounts in accordan¢¢ with the Financial Rq)orting StAndard applicable in th¢ UK and R¢public of Ireland (FRS 102)]. I have no con¢¢rns and have come across no other matters in connection with the eMInation to which attention should be drawn in this rq)ort in order to enable a pn)per understanding of the accounts to be reached. sied. Mr C Reeve FCA Date: 16 4[25 Gascoynes Moseleys Barn Business Centre Fornham All Saints Bury St Edmunds Suffolk IP28 6JY 17