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← Burlington Baptist Church, Ipswich, Suffolk

2024-10-31-accounts

Charity Registration Number 1126707

Burlington Baptist Church Ipswich

Trustees' Report and End of Year Financial Statements Year Ending October 31[st] 2024

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Burlington Baptist Church Trustees Report 2023/24

Statutory Information

Registered Address

London Road

Ipswich Suffolk IP1 2EZ

Charity Registration Number 1126707

Managing Trustees

The Revd Simon Harris (Senior Minister) The Revd Claire Earl (Minister) Mr Jonathan Chalmers (Treasurer) (until February 2024) Mr Chris Lacey (Treasurer) (from February 2024) Miss Alice Speedie (Secretary) Mrs Rebecca Garland Mr Nathan Luetchford Mrs Jane Hewson Mr Chris Hewson Mr Paul Boulton Mr Henry Matter (from November 2023)

Holding Trustee

The Baptist Union Corporation Limited

Baptist House 129 Broadway Didcot, Oxfordshire, OX11 8RT

Directors

Timothy Chowns Robert English Christopher Hanning Andrew Hawksworth The Revd Joseph Lennox John Levick The Rev Ann Chesworth Karen Martindale Olusegun Obidipe Mohan Pandian Jeremy Ponsford Michael Southcombe Timothy Walker Graham Ward Peter Walls Peter Welch

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Burlington Baptist Church Trustees Report 2023/24

John Jones H Becket D Miller K Kaneen

Bankers

Barclays Bank PLC 1 Princes Street Ipswich Suffolk IP1 1PB

CAF Bank Ltd Kings Hill 25 Kings Hill Avenue West Malling, Kent ME19 4JQ

Independent Examiner

Vincent Chandler FCA FCCA Moore Green Chartered Accountants 22, Friars Street, Sudbury, Suffolk CO10 2AA

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Burlington Baptist Church Trustees Report 2023/24

Annual Report for 2023-24

The trustees present their Annual Report and financial statements for the year ended 31st October 2024.

The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity’s governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable in the UK and Republic of Ireland published in October 2019.

Charitable Objectives

The Charity is governed by an Approved Governing Document which states that the principal purpose of the charity is the advancement of the Christian faith according to the principles of the Baptist denomination to include the advancement of education, community service and such other general charitable purposes in such parts of the United Kingdom and the world as the church shall determine.

In particular, the charity has the purpose of providing for the advancement of the Christian faith in Ipswich and beyond, providing instruction for children, young people and adults in the Christian faith, holding public Christian worship, and having Christian fellowship with other Christians.

The church occupies premises which are held by The Baptist Union Corporation Ltd, on Trusts which are entirely compatible with the above object.

Organisational structure and decision-making processes

Governance

The charity is governed in accordance with a Constitution dated 30 October 2008 supplemented by approved relevant notes, a copy of which is available to members of the charity. In line with Baptist Union new and amended clauses ratified by the Charity Commission, the Constitution was updated in September 2021 following approval by the Church Meeting and Trustees to provide for virtual and hybrid church meetings.

Public Benefit

In planning our activities for the year, we have had regard for the Charity Commission's guidance on public benefit at our Trustees’ and Church Meetings (addressing Sections 4 and 17(5) of the Charities Act 2011). In achieving the aims and objectives as set out in this report, the Trustees consider that the charity is fulfilling its requirement to deliver a public benefit. This is particularly shown by:

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Burlington Baptist Church Trustees Report 2023/24

Membership

Members are admitted in accordance with the provisions of the Constitution by vote of the Church Meeting on the basis of their profession of Christian faith, either by Believer’s Baptism or by affirmation. This year we have witnessed one baptism and have a membership of 145. The list of members and friends is carefully reviewed as part of our three yearly Constitutional review schedule.

Members are encouraged to assist the work of the church by volunteering to help in various organisations of the church.

Trustees

The managing Trustees of the charity are the Ministers of the church (appointed by the Church Meeting for an unspecified period), the Church Secretary and Treasurer and between five and seven deacons (appointed by the Church Meeting for a period of three years).

The Trustees meet at least nine times per year to review operations, the financial position and any developments to ensure the church’s objectives are being fulfilled. Vision/Strategy meetings are held at least twice a year and include the wider staff team.

Church Meeting

A meeting of church members is held 3-4 times per year. One of the meetings incorporates the constitutional annual Church Members’ Meeting to receive the annual accounts and report, to appoint an Independent Examiner, and to consider proposals for the strategy and vision of the church in the coming year, along with other appropriate matters. At one meeting the Budget for the following year is discussed and agreed. Additional Vision Sundays are used to engage strategically with more members as appropriate through the year.

The Church Meeting has responsibility for the overall policy of the church, in accordance with the Constitution. Relevant matters may be submitted to the Church Meeting by the Trustees for guidance or may be raised by members in a Church Meeting for further consideration by the Trustees.

Fraud Prevention

A Fraud Prevention and Tax Evasion policy is in place to ensure there will be greater awareness of the risks we face in this area, the necessary behaviour we expect from staff and volunteers and ways in which we are seeking to prevent fraud.

Data Protection

A Data Protection policy and procedures are in place to support our compliance with the European General Data Protection Regulations (GDPR). This includes privacy notices and consent forms with on-line tools being used as much as possible for easier operation.

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Burlington Baptist Church Trustees Report 2023/24

Objectives and activities

Core activities

In order to achieve the principal objective, which is set out above, the church provides a variety of activities both to its membership and to the public community. The aim is to show the love of Jesus Christ in both word and deed and to bring people into a closer relationship with Him as living Lord.

Additionally, we provide:

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Burlington Baptist Church Trustees Report 2023/24

Our Senior Minister has been involved in speaking at Christian conferences in the UK and overseas, teaching groups of Baptist ministers online, and offering peer to peer support to other church leaders. In this General Election year, propsective MPs were invited to a Sunday service to answer questions and share their vision for Ipswich.

Charitable giving

The church has generally given at least 15% of its regular sources of income to other Christian charities. However, due to the continued cost-of-living situation and a reduction in our income, this has remained at 5%. This percentage is reviewed regularly.

Each Christmas we hold a retiring offering for Happy Home in Kenya which supports and provides accommodation and education to orphaned children and youths.

The church has continued to develop longer term partnerships with some mission partners, including the Path to Victory Project in Kyrgyzstan, Transforming Lives for Good (UK) and Kintsugi Hope (UK).

A full list of the charities that we have support during this period is contained in the notes to the financial statements.

Safeguarding children and vulnerable adults

The church operates systems to ensure that all Church Members working with children, young people and vulnerable adults are appropriately vetted with regard to the DBS system. Arrangements are in place for all such people to receive suitable training for their roles in the church.

Use of premises

Many church-led activities take place in the Church Centre. This facility, and Burlington Hall are also used for some local Council meetings, a regular NCT group, Adult Education Classes, a children’s keyboard class, camera club, Brownies and sometimes a local theatre group.

Additionally, we host a range of community groups Including Karibu - African ladies group helping develop cooking and life skills as well as community and expanding their use of our facilities. They also run a Saturday school.

The church has established policies to ensure that such hires come within the limitations of the Constitution and relevant laws.

The main Church Centre is approved for use by the Council as an emergency centre.

Community Hub

We have a long-held vision for converting the Burlington Hall into a Community Hub. Initial grant funding and donations were secured to proceed to pre-planning stage.

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Burlington Baptist Church Trustees Report 2023/24

Grant funding bids continue to be pursued. Alongside this, partnerships continue to grow with Ipswich Borough Council and Suffolk County Council. A Walking and Cycling Hub was launched in partnership with the Council, with led walks and cyle rides held on alternate Saturday mornings. Once a month a bike doctor is available to carry out safety checks on bikes and repairs. This is a free service and open to the public.

There are opportunities to be involved in social prescribing with Burlington Primary Care. One of our members led a wreath-making class for their staff as part of their staff wellbeing programme. We have been approached to host a Tuesday brunch for their regular patients and this is scheduled to launch in November 2024.

Health and Safety

The Trustees bear full responsibility for this aspect of the life and work of the church and ensure that relevant health and safety training is provided for employees and volunteer leaders of most church groups. Food hygiene advice is also available to those involved in preparing food for consumption on the church premises.

Achievements and performance

The church does not measure the success of its programmes primarily in numbers, including financial numbers, but in less tangible areas like fellowship and encouragement. The Trustees recognise that these are difficult to measure but believe that the year covered by this report was again a positive one in the life of the church, and that it will be able to pursue its mission purposes in the future with renewed enthusiasm. We continued to work on starting, developing and maturing our communities through this year.

The Trustees acknowledge that the work of the church is highly dependent on those members who provide voluntary service in many areas. These include:

As well as a Senior Minister we also employ paid staff to take the burden of administrative work off volunteers, such as:

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Burlington Baptist Church Trustees Report 2023/24

There have been fairly stable numbers attending the Sunday worship celebration although these are still lower than they were pre-Covid. While several members (and significant givers) have departed, predominantly through a change in circumstances, we have been encouraged by new people engaging with us regularly. Overall, we intuitively sense that our ‘reach’ into the wider community continues to be significant through the variety of community activities undertaken.

Support

We recognise that staff and key volunteers require a system of support and encouragement. These are principally provided by:

Maintenance and upgrade of the premises

The actions from the last quinquennial review in 2024 are still actively being planned into the maintenance scheduled. Routine day-to-day maintenance of the church buildings and manse was supplemented by a one-off repair to the boundary wall caused by vandalism.

Major work is carried out by commercial contractors, with volunteers carrying out several minor tasks, contributing many hours of work.

The church premises continue to be secured by external dusk to dawn lighting, CCTV, an alarm system and use of SmartWater marking for key assets.

Financial review

Financial policies

The church has established systems to properly receive monies in and to control expenditure in accordance with the Constitution and the directions of the Trustees and Church Meeting. Budgets are matched to anticipated income based upon previous years and anticipated changes.

Financial guidelines have been approved by Members for the protection of the Church’s finances and assets and also for the protection of individual members of the Finance Team. The guidelines stipulate who may authorise payments, and what processes should be followed when purchasing goods or services.

The Treasurer is always a Trustee. The Finance Manager is a part-time paid employee who manages day-to-day financial transactions (income and expenditure) on behalf of the church, monitors and reports on the financial situation, and prepares the annual budget and annual accounts. The Finance Manager reports to the Treasurer.

The Finance Committee is a separate group and consists of at least five people (though the standing committee is currently depleted). The committee is formed of the Treasurer plus other Church Members, only one of whom may be a Trustee. The Finance Committee considers and advises the Trustees on financial issues. In particular, they discuss, and

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Burlington Baptist Church Trustees Report 2023/24

amend, if necessary, the annual budget before it is presented to the Trustees’ Meeting. The Church Meeting is responsible for approving the budget. Similarly, the annual accounts are reviewed by the Finance Committee prior to approval by the Trustees’ Meeting, and are then received by the Church Meeting.

A comparison of budgeted income and expenditure against actual income and expenditure is presented to the Trustees multiple times per year.

The annual church accounts are prepared by the Finance Manager and independently examined by external, qualified accountants. The accountant who will carry this out is previously agreed by the Church Meeting.

Reserves Policy

Expenditure is controlled to match anticipated income based on annual budgets, with some allowance to build up reserves as prudent provision for known upcoming major expenses or anticipated deficits. The Reserves Policy is reviewed from time to time. Taking into account the Church’s current financial position, its annual income, its financial oversight, the potential for loss of key income and the need for adequate cash flow, it is considered that the current minimum reserve level of, £33,547 may be too low. A level of three months expenditure, calculated across all non-restricted funds is considered prudent and our intention is to move towards that level.

General Fund

All freely available reserves are held in the General Fund. The Trustees monitor the level of reserves and will address any shortfall or make proposals to the Church Meeting in respect of any accumulated surplus to meet the church’s objectives. The reserves also represent the working balance of the church, particularly given the claiming of Gift Aid in arrears. During the course of this financial year the regular giving was lower than the budget, primarily through a drop in attendance and changes in personal circumstances including members re-locating out of the area. We also faced a lower than anticipated income from room hire. The finances were discussed at the October Church Meeting and members were invited to review their current giving to allow budgets to be drawn up for the following year.

Restricted funds

Monies are held in Restricted Funds where an appeal or a donor restricts their use, for instance to support the work of a particular organisation within or outside the church.

Designated Funds

Any legacies received by the church, except where restricted, are held in the legacy fund as designated. The Trustees generally try to use this fund to provide something that enhances the church and can be clearly identified by the family of the donor. In 2021/22 this fund was used to pay part of the costs of the Sanctuary transformation including removal of pews to create an open, flexible space.

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Burlington Baptist Church Trustees Report 2023/24

Living Wage

The church recognises that the mandatory minimum wage or the government national living wage may not be sufficient for people to be able to pay their bills. The optional but higher rate set by the Living Wage Foundation is implemented for all employees. Revised rates for the real Living Wage are announced each November. Pay for all employees and Minister(s) is increased from 1[st] January each year by the Baptist Union recommended percentage increase for ministerial stipends, unless this would leave an employee’s pay below the real Living Wage level set the previous November in which case the real Living Wage rate is used.

Risk assessment

The trustees have carried out or overseen relevant risk assessments and believe they have taken adequate steps to manage the risks identified.

Presentation currency

The presentation currency is £ sterling.

Signed following approval by the Trustees on 17 June 2025.

Alice Speedie Church Secretary

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Independent Examiner's Report to the Trustees of Burlington Baptist Church Ipswich

I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 October 2024 which are set out on pages 13 to 30.

Responsibilities and basis of report

As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

The charity’s gross income does not exceed £250,000 and I am qualified to undertake the examination by being a qualified member of the Association of Chartered Certified Accountants.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Vincent Chandler FCA FCCA Independent Examiner Moore Green Chartered Accountants 22 Friars Street Sudbury Suffolk CO10 2AA

12 August 2025

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Burlington Baptist Church Trustees Report 2023/24

Statement of Financial Activities

Notes Unrestricted Designated Designated Restricted Endowment Endowment Total Prior year
funds funds funds funds funds total funds
£ £ £ £ £ £
Income and endowments from:
Donations and legacies 174,000 1,214 13,648 — 188,862 250,531
Income from charitable activities 1,357 6,485 260 — 8,102 7,691
Investments 843 — — — 843 441
Other income 23,859 525 — — 24,384 34,999
Total income 2 200,059 8,224 13,908 — 222,191 293,663
Expenditure on:
Raising funds — — 90 — 90 —
Expenditure on charitable activities 193,019 17,476 9,039 — 219,534 265,775
Other expenditure — — 916 — 916 —
Total expenditure 3 193,019 17,584 10,045 — 220,648 265,775
Net income / (expenditure) resources before tran 7,040 (9,360) 3,863 — 1,543 27,888
Transfers 12.2
Gross transfers between funds - in 1,973 7,020 — — 8,993 55,672
Gross transfers between funds - out (2,750) (4,270) (1,973) — (8,993) (55,672)
Other recognised gains / losses
Net movement in funds 12 6,263 (6,610) 1,890 — 1,543 27,888
Reconciliation of funds
Total funds brought forward 27,284 98,247 1,553,641 **— ** 1,679,172 1,651,283
Total funds carried forward 33,547 91,636 1,555,531 **— ** 1,680,715 1,679,172

There may be minor discrepancies in the totals if the pence are not being shown

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Burlington Baptist Church Financial Statements 2023/24

Balance Sheet

As at: 31 October 2024

Notes General Designated Restricted Endowment At 31/10/2024 At 31/10/2023
Fund Funds Funds Funds
£ £
Fixed assets
Tangible assets
Fixed assets		 8 —
—		 22,330
22,330		 1,538,906
1,538,906		 —
—		 1,561,236
1,561,236		 1,566,995
1,566,995
Current assets
Debtors 9 12,784 2,271 240 — 15,295 16,105
Cash at bank and in hand
Current assets		 10 22,443
35,825		 67,240
69,511		 17,953
18,193		 —
—		 108,234
123,530		 107,598
123,703
Liabilities
Creditors: Amounts falling due in one year 11 2,278 205 1,568 — 4,051 11,526
Net current assets less current liabilities 33,547 69,307 16,625 — 119,479 112,177
Total assets less current liabilities 33,547 91,636 1,555,531 — 1,680,715 1,679,172
Total net assets less liabilities 33,547 91,636 1,555,531 — 1,680,715 1,679,172

There may be minor discrepancies in the totals if the pence are not being shown

The financial statements were approved by the Board of Trustees on 17 June 2025 and were signed on behalf by:

Chris Lacey Treasurer

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Burlington Baptist Church Trustees Report 2023/24

Notes to the Financial Statements for the year ended 31 October 2023

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The charity constitutes a public benefit entity as defined by FRS102. The financial statements have been prepared in accordance with 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 issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011 and UK Generally Accepted Accounting Practice.

The financial statements are prepared on a going concern basis under the historical cost convention. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. The policies have been consistently applied in all years presented unless otherwise stated.

Income recognition

All incoming resources are included in the Statement of Financial Activities when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received.

Donations

Donations are accounted for gross when received. Fixed asset gifts in kind are recognized when receivable and are included at fair value.

Legacies

Legacies are accounted for on the earlier of notification of an impending distribution and the legacy being received, provided that the legacy can be properly quantified.

Expenditure recognition

All expenditure is accounted for on an accruals basis. Expenditure is recognized where there is a legal or constructive obligation to make payments to third parties, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

Grants payable

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Burlington Baptist Church Financial Statements 2023/24

The Church makes grants to other organisations whose charitable objects complement its work. They are accounted for in the year in which they are paid or when the recipient has been notified of the grant and payment is unconditional.

Tangible fixed assets

Land and buildings, held by Burlington Baptists church for its own purposes, are stated at cost. All maintenance costs are written off as incurred. No depreciation is provided on freehold properties since it is the Trustees policy to maintain these assets in a continual state of sound repair, and accordingly the Trustees considers that any depreciation charge would be insignificant.

Functional equipment purchased for use within the church premises or elsewhere by Burlington Baptist church is capitalized and depreciated on a straight-line basis at the following annual rates

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees

Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements .

Restricted funds ran only be used for particular restricted purposes within the objects of the charity, Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

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Burlington Baptist Church Trustees Report 2023/24

2. INCOME & ENDOWMENTS

Total
Unrestricted
Designated		 Restricted Endowment This Last
£ £ £ £ year year
£ £
Income and endowments
Donations and legacies
1101 - Offerings 145,210 —
105		 — 145,315 163,956
1102 - Tax refunds 28,779 119
1,237		 — 30,135 33,933
1103 - Grants 150 —
6,301		 — 6,451 18,470
1104 - Gifts & Donations (139) 1,095
6,004		 — 6,960 34,173
1105 - Legacies — —
—		 — — —
1106 - Church loan repayment appeal — —
—		 — — —
1107 - Gift Day — —
—		 — — —
Donations and legacies Totals 174,000 1,214
13,648		 — 188,862 250,531
Income from charitable activities
1301 - Church weekend 988 —
—		 — 988 —
1302 - Other activities 369 6,485
260		 — 7,114 7,691
1404 - Other fundraising events — —
—		 — — —
Income from charitable activities 1,357 6,485
260		 — 8,102 7,691
Investments
1201 - Bank interest 843 —
—		 — 843 441
Investments Totals 843 —
—		 — 843 441
Other income
1303 - Insurance Claim — —
—		 — — —
1401 - Room hire 23,859 —
—		 — 23,859 33,800
1402 - Sundry income — 25
—		 — 25 198
1403 - BT Matched funding — —
—		 — — —
1405 - Intern Fees — 500
—		 — 500 1,000
1406 - Govt Job Retention Scheme — —
—		 — — —
Other income Totals 23,859 525
—		 — 24,384 34,999
Income and endowments 200,059 8,224
13,908		 — 222,191 293,663
Grand totals

There may be minor discrepancies in the totals if the pence are not being shown

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Burlington Baptist Church Financial Statements 2023/24

3. EXPENDITURE

Unrestricted Designated Restricted Endowment Endowment This year Last
£ £ £ £ £ year
Raising funds
2605 - Costs of Fundraising — — 90 — 90 —
Raising funds Totals — — 90 — 90 —
Expenditure on charitable activities
2000 - Church weekend — — — — — 2,150
2002 - Other activities 315 5,814 2,855 — 8,984 9,947
2100 - Ministry 1,278 1,532 — — 2,810 1,500
2101 - Wages & salaries 113,975 — — — 113,975 143,853
2102 - Pensions 8,156 — — — 8,156 8,554
2103 - Training 1,786 — — — 1,786 2,869
2104 - Travel & Conference 1,554 426 151 — 2,131 1,933
2105 - Manse Expenses 5,872 — — — 5,872 6,349
2110 - Mission Giving 11,053 465 4,019 — 15,537 14,695
2111 - Outreach — 133 — — 133 446
2120 - Children's work 575 — — — 575 319
2122 - Catering costs 1,451 886 720 — 3,056 3,793
2130 - Pastoral — — — — — 101
2300 - Resource materials 125 396 336 — 856 591
2301 - Equipment 276 40 566 — 881 3,150
2303 - Computer Software 2,351 — 144 — 2,495 2,522
2400 - Church Heat light & Water 16,107 — — — 16,107 14,946
2401 - Insurance 7,153 — — — 7,153 6,123
2402 - Cleaning Materials 1,464 — — — 1,464 1,421
2403 - Repairs and renewals 7,457 1,410 90 — 8,957 21,082
2406 - Flowers — — 160 — 160 391
2408 - Halls Heat and Light & Water 3,322 — — — 3,322 2,766
2410 - Manse repair & maintenance 160 — — — 160 1,058
2411 - Manse Insurance 595 — — — 595 136
2412 - Caretaker costs 112 — — — 112 —
2600 - Printing stationery and 718 16 — — 733 1,272
advertising
2601 - Telephone & Broadband 2,306 — — — 2,306 1,866
2602 - Subscriptions 2,834 383 — — 3,216 2,631
2603 - Bank charges 169 — — — 169 280
2604 - Sundry expenses 669 326 — — 995 306
2800 - Depreciation — 5,759 — — 5,759 7,424
2900 - Independent Examination 1,190 — — — 1,190 1,302
Expenditure on charitable 193,019 17,584 9,039 — 219,643 265,775
activities Totals
Other expenditure
2502 - Community Hub — — 916 — 916 —
Other expenditure Totals — — 916 — 916 —
Expenditure Grand totals 193,019 17,584 10,045 — 220,648 265,775

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Burlington Baptist Church Trustees Report 2023/24

4. STAFF COSTS

Staff Costs 2023/24 2022/23
Gross Salaries* £111,010 £139,405
Employers National Insurance** £2,965 £4,499
Pensions*** £8,156 £17,194
£122,131 £161,097

The average monthly employees during the year was 5 (2022/23: 8)

No employee received emoluments in excess of £60,000

Two ministers act as Trustees and received remuneration including gross pensionable salary, payrolled benefits, housing allowance, Employer NI and Employer pension in 2023/24, as employees of Burlington Baptist church totalling £61,454 (2022/23 £ 59,668). • Rev Simon Harris

The ministers received benefits in respect of their services as Minister, including the provision to the Senior Minister, of manse accommodation owned by the church.

Payments in respect of other post-retirement benefits are charged to the Statement of Financial Activities in the period to which they relate.

Accrued holiday pay is not recognized in the financial statements as this is not considered to be a material component of total expenditure.

5. PENSIONS

The Church is a participating employer in the Baptist Pension Scheme (“the Scheme”), which is a separate legal entity administered by the Pension Trustee (Baptist Pension Trust Limited). The assets of the Scheme are held separately from those of the Employer and the other participating employers. The Scheme, previously known as the Baptist Ministers’ Pension Fund, started in 1925, but was closed to future accrual of defined benefits on 31 December 2011. Prior to this date the main benefit provided through the Defined Benefit (DB) Plan was a pension of one eightieth of final minimum pensionable income for each year of pensionable service together with additional pension in respect of premiums paid on Pensionable Income in excess of Minimum Pensionable Income

From January 2012, pension provision is being made through the Defined Contribution (DC) Plan within the Scheme. In general, members pay 8% of their Pensionable Income and employers pay 6% of members’ Pensionable Income into individual pension accounts, which are operated and managed on behalf of the Pension Trustee by Broadstone Corporate Benefits Ltd. In addition, the employer pays a further 4% of Pensionable Income to cover Death in Service Benefits, administration costs, and an associated insurance policy which provides income protection for Scheme members if they are unable to work

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Burlington Baptist Church Financial Statements 2023/24

due to long-term incapacity. This income protection policy has been insured by the Baptist Union of Great Britain with Aviva Limited. The Scheme is considered to be a multiemployer scheme as described in Section 28 of FRS 102. Because it is not possible to attribute the Scheme’s assets and liabilities to specific employers, the scheme is accounted for as if the Scheme were a defined contribution scheme.

Pension Liabilities

The Baptist Pension scheme trustees estimate the Scheme’s DB Plan has a surplus. The £1 per month contribution to the DB Plan ceased after the October contribution Burlington Baptist church no longer has any further responsibility towards the DB Plan.

The DB Plan benefits will shortly be transferred over to Just and members will shortly be provided with welcome packs and individual policies from them. This part of the process is known as moving to “buy-out”. From that point Just will be responsible for the administration and payment of the DB Plan members’ pensions.

Just will be legally responsible for paying the DB Plan benefits and the Scheme’s Trustee will be discharged from any further responsibility in relation to the DB benefits of members and their beneficiaries.

The Trustee and the Baptist Union formally triggered the wind-up of the DB Plan with effect from 31 March 2024 and there are a number of tasks to complete before the DB Plan can be woundup. We currently expect the wind-up of the DB Plan to be completed in the first half of 2025.

At the completion of the buy-out the Trustee’s advisers estimate that the DB Plan will have around £7m of surplus assets. It was agreed between BUGB and the Scheme’s Trustee that up to 50% of the surplus assets would be used to enhance members’ benefits and the remainder would be transferred to the Scheme’s Defined Contribution (‘DC’) Plan.

6. RELATED CHARITIES

The custodian Trustee of the church is the Baptist Union Corporation Limited which is charity number 249635, and which is controlled by the Baptist Union Council. The church is also a member of the Baptist Union of Grant Britain, and the Eastern Baptist Association which is charity number 1089795.

The church was registered as a charity on 11 November 2008, charity commission number 1126707.

The church made donations to the Baptist Union Home Mission scheme of £2,400 (2022/23: £168).

7. RELATED PARTY TRANSACTIONS

Five trustees received a total of £2,057 for reimbursed expenses (2022/23: Four Trustees, £2,248).

The aggregate amount of donations received from Trustees and related parties was £37,744 (2022/23: £54,930).

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Burlington Baptist Church Trustees Report 2023/24

8. FIXED ASSETS

Church
Premises
Manse
Restricted
funds
Restricted
funds
Cost
At 31st Oct 2023
£200,000
£189,669
Additions
Disposals
Revaluation
At 31st Oct 2024
£200,000
£189,669
Depreciation
At 31st Oct 2023
Charge for the year
At 31st Oct 2024
Net book value
At 31st Oct 2023
£200,000
£189,669
At 31st Oct 2024
£200,000
£189,669		 Church Centre
Restricted
Funds
£1,149,237
£1,149,237
£1,149,237
£1,149,237		 Fixtures, Fittings
& Equipment
Total
Designated
funds
£275,495
£1,814,401
£275,495
£1,814,401
£247,407
£247,407
£5,759
£5,759
£253,166
£253,166
£28,088
£1,566,994
£22,329
£1,561,235

9. CURRENT ASSETS – DEBTORS

Class and nominal code General
Designated
Restricted		 Endowment
Total		 Last year
£ £ £ £ £ £
Current assets - Debtors
GIFTAID : Gift Aid Refund 13,216 8 240 — 13,464 11,294
receivable
PREPAY : Prepayments (504) 504 — — (0) (0)
Z05 : Accounts Receivable 22 — — — 22 3,008
Z06 : Prepayments 51 — 1,760 — 1,810 1,804
Total 12,784 512 2,000 — 15,295 16,105

21

Burlington Baptist Church Financial Statements 2023/24

10. CASH AT BANK AND IN HAND

Class and nominal code General Designated Restricted Endowment Total Last year
£ £ £ £ £ £
Current assets - Cash at bank and in hand
6501 : Barclays Account (2,894) (9,317) 15,773 — 3,562 13,036
6502 : Barclays Premium 12,956 4,380 — — 17,336 5,059
6503 : CAF Account 47,558 12,072 2,073 — 61,703 64,433
6503 : CAF Account — (28) — — (28) (28)
6504 : Contact Cash — 28 — — 28 28
6510 : ElevensesF4TS Cash — — 103 — 103 53
6514 : Flow er Cash 0 — — — 0 25
6517 : Ladies Fellow ship Current — 0 — — 0 0
6523 : Time to Sew Cash (128) 324 5 — 201 259
6526 : Tiddlyw inks Cash — 25 — — 25 36
6530 : CAF Gold ( General) (35,476) 59,706 — — 24,230 23,632
6531 : Scottish w idow s ( General) 1,026 — — — 1,026 1,016
6532 : First Steps Cash — 50 — — 50 50
6590 : Cash in hand (1) — — — (1) (1)
Total 23,041 67,240 17,953 — 108,234 107,598

11. LIABILITIES – CREDITORS

Class and nominal code General Designated
Restricted		 Endowment
Total		 Last year
£ £ £ £ £ £
Liabilities - Agency accounts
6699 : Agency collections — — 246 — 246 24
Total — — 246 — 246 24
Class and nominal code General Designated
Restricted		 Endowment
Total		 Last year
£ £ £ £ £ £
Liabilities - Creditors: Amounts falling due in one year
CREDITORS : Other Creditors 513 — 169 — 682 5,016
Z04 : Accounts Payable 1,765 205 1,154 — 3,123 6,487
Total 2,278 205 1,322 — 3,805 11,503

22

Burlington Baptist Church Trustees Report 2023/24

12. MOVEMENT IN FUNDS

12.1 Purpose and Restriction of Funds

Restricted Funds Purpose Restriction
BMS - BMS Setup to receive church member
donations to add to church mission
givingto BMS		 Funds can only be used for the stated
purpose
CENTRE - Church Centre Reserve Fixed assets fund for the church
centre building		 Funds can only be used for the stated
purpose
CHILDREN - Childrens Work Donations from church members for
childrens work at Burlington		 Funds can only be used for the stated
purpose
COMMHUB – Community Hub Community Hub development project Funds can only be used for the stated
purpose
CYCLEHUB – Walkong and Cycling
Hub		 Suffolk county council grant funded
project		 Funds can only be used for the stated
purpose
DUKE - Duke of Edinburgh Donations from church members for
activities of the DofEgroup		 Funds can only be used for the stated
purpose
ETERNITY - Eternity Donations from church members for
youth work at Burlington		 Funds can only be used for the stated
purpose
F4TS11SES - Feet for the
Street/Elevenses		 Donations for the missional
community that offers hot food and
drinks as well as clothes, sleeping
bags		 Funds can only be used for the stated
purpose
FLOWER - Flowers Donations to be used for church
flowers		 Funds can only be used for the stated
purpose
FORMNETWORK – FORM Network Funds for running the FORM Network Funds can only be used for the stated
purpose
H4I - Heart For Ipswich Funds allocated for Heart for Ipswich (
now Network Suffolk)		 Funds can only be used for the stated
purpose
HAPPY - Happy Homes Donations received from church
member to add to church mission
givingto HappyHome(Kenya)		 Funds can only be used for the stated
purpose
HOME - Home Mission Donations received from church
members to add to church mission
givingto EBA		 Funds can only be used for the stated
purpose
IMPACT - Impact Donations for the activities of the
missional community that visits local
hostel		 Funds can only be used for the stated
purpose
OPEN - Open Door Donations for the activities of the
missionalprovidingmeal at Christmas		 Funds can only be used for the stated
purpose
PERSPECT - Perspectives Donations received from church
members to add to church mission
givingto Perspectives		 Funds can only be used for the stated
purpose
PROP - Property Reserve Fixed asset fund - Church building Funds can only be used for the stated
purpose
RUTH - Project Ruth Donations received from church
members to add to church mission
givingto Project Ruth		 Funds can only be used for the stated
purpose
SANCTUARY – Sanctuary Refurb Sanctuary refurbishment fund Funds can only be used for the stated
purpose
SCCTOURS – SCC Suffolk Tour Grant funded project to run tours for
Ukrainian Refugees.		 Funds can only be used for the stated
purpose
SpecGifts - Special Gifts Proceeds from special collections to
add to church mission giving to
various charities		 Funds can only be used for the stated
purpose
TEAR - Tear Fund Donations received from church
members to add to church mission
givingto Tear Fund		 Funds can only be used for the stated
purpose
TeaAndToast – Tea and Toast Grant funds for community project Funds can only be used for the stated
purpose

23

Burlington Baptist Church Financial Statements 2023/24

12.2 Fund Transfers

Transfers between fund classes Description £
Transferred from General funds to
Designated funds		 Transfer £600 from General fund to
DofE fund for Duke of Edinburgh
license fee
Transfer £1100 from General fund to
Eternity fund for church youth group
activities
Transfer £1050 from General funds to
Sabatical fund		 £2,750
Transfer between Designated funds Transfer £4270 from Sanctuary to
New projects an no longer required to
offset deficit in the Sanctuary
restricted fund		 4,270
Transfer General to Restricted funds - 0
Transfers from Restricted to
General fund		 Transfer £1972.72 from CycleHub
fund to General fund to cover church
admin and overhead costs of the
walking and cycle hub project		 £1,973
Transfer from Restricted funds to
Designated		 0

24

Burlington Baptist Church Trustees Report 2023/24

12.3 Fund Movements

----- Start of picture text -----
Fund and type Fund balances Incoming Outgoing Transfers Fund balances
brought forward Resources Resources carried
£ £ £ £ forward
£
Unrestricted
General - General fund 27,284 200,059 193,019 (777) — 33,547
Sub-totals 27,284 200,059 193,019 (777) — 33,547
Designated
CHAT - Coffee and Chat 2,423 — — — — 2,423
CHURCHWE - Church Weekend — 163 — — — 163
DUKE - Duke of Edinburgh 292 220 861 600 — 251
EQUIP - Equipment 1,115 75 236 — — 954
ETERNITY - Eternity 781 4,293 5,687 1,100 — 487
FIXTURES - Fixtures Furniture and 28,089 — 5,759 — — 22,330
Equipment Reserve
IMPACT - Impact 252 — 131 — — 121
INTERN - Intern Fund 4,694 500 636 — — 4,558
LEGACY - Legacy — 1,000 — — — 1,000
Mission - Mission Giving 182 — — — — 182
NEW - New Projects 32,130 — — 4,270 — 36,400
REPAIRS - Repairs & Renew als 15,719 — 1,410 — — 14,309
SABBAT - Sabbatical 6,619 — 1,624 1,050 — 6,045
SANCTUARY - Sanctuary Refurb Fund 5,045 100 — (4,270) — 875
TIDDLY - Tiddlyw inks 351 411 374 — — 389
TIME - A Time to Sew 554 1,461 866 — — 1,149
Sub-totals 98,247 8,224 17,584 2,750 — 91,636
----- End of picture text -----

There may be minor discrepancies in the totals if the pence are not being shown

25

Burlington Baptist Church Financial Statements 2023/24

Fund and type Fund balances Incoming Outgoing Transfers Transfers Fund balances
brought forward Resources Resources carried
£ £ £ £ forward
£
Restricted
BMS - BMS 1 189 — — — 190
CENTRE - Church Centre Reserve 1,149,237 — — — — 1,149,237
CHILDREN - Childrens Work 348 — — — — 348
COMMHUB - 10,518 2,342 180 — — 12,680
COMMUNITY HUB
CYCLEHUB - Cycling and Walking Hub — 4,301 2,329 (1,973) — —
EBACOYEAR - EBA Church of the Year 25 — — — — 25
ETERNITY - Eternity 15 — — — — 15
F4TS11SES - Feet for the 1,501 207 632 — — 1,076
Street/Elevenses
FLOWER - Flowers — 760 495 — — 265
FORMNETWOR - FORM Network 1,677 — 144 — — 1,533
H4I - Heart For Ipswich 250 — — — — 250
HAPPY - Happy Homes 113 399 508 — — 5
HOME - Home Mission 1 189 190 — — —
IMPACT - Impact 837 — — — — 837
OPEN - Open Door (96) 63 88 — — (122)
PROJECTOR - 1 — — — — 1
PROJECTOR
PROP - Property Reserve 389,669 — — — — 389,669
RUTH - Project Ruth 283 — 283 — — —
SANCTUARY - Sanctuary Refurb Fund (5,000) 4,125 — — — (875)
SCCTOURS - SCC 2,462 — 1,992 — — 470
SUFFOLK TOUR
SpecGifts - Special Gifts 1,750 1,090 2,790 — — 50
TEAR - Tear Fund 5 244 249 — — —
TFIMoveOn - TFI Move On 44 — 44 — — —
TeaAndToas - Tea & Toast
Sub-totals		 —
1,553,641		 —
13,908		 123
10,045		 —
(1,973)		 —
—		 (123)
1,555,531

There may be minor discrepancies in the totals if the pence are not being shown

Note: The Sanctuary Refurb Fund was established to receive donations in response to an appeal for a capital refurbishment project. The expenditure on the project exceeded income, however, there are active pledges of donations which we are still to receive into this fund. The deficit in this fund will reduce by these donations but in the meantime is offset by funds transferred from New Projects into a designated Sanctuary Refurbishment fund.

26

Burlington Baptist Church Trustees Report 2023/24

13. GRANT MAKING

Analysis of grants paid (included in Mission Giving under Costs of Charitable Activities in Note 3)

Analysis Grants to
Institutions
(£)		 Grants to
Individuals
(£)		 Support
Costs
(£)		 Total
(£)		 2022/23
Amankan eje - 2,999 2,999 -
Beam 600 600 98
BMS 600 600 414
BugB EBA Home Mission 2590 2590 168
CYM 600 600 546
Happy Homes Kenya 1112 1112 388
Harnhill 240 240 98
CAP debt Centre (Hope
Church)		 - - 3740
Inspire Christian Counselling 600 600 542
Irina Trofimov - 1,225 1,225 1624
Kintsugi Hope 600 600 540
Oasis Language School 600 600 -
Perspectives (96) (96) 542
Project Ruth 1482 1482 1622
Route to
Freedom		 1375 1375 1501
TLG (ST Matthews Church) 300 300 600
Tearfund 249 249 350
TWAM 20 20 50
Move On grants to Ukrainian
refugees		 - - 1,364
Community grant - - 30
Mission on the Move 400 400 200
Other 40 40 -
Unallocated - 477
Total 11,312 4,224 15,536 14,695

27

Burlington Baptist Church Financial Statements 2023/24

14. Comparative figures are provided in the following two reports for the SOFA and movement in funds for 2022/23

28

Burlington Baptist Church Trustees Report 2023/24

Movement in Funds 2022/23

29

Burlington Baptist Church Financial Statements 2023/24

15. INDEPENDENT EXAMINATION FEES

2023/24 2022/23 £ £ Independent Examiner’s Fee 1,290 1,200

30