## **BURY ST EDMUNDS PRESBYTERIAN CHURCH** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED AUGUST 31, 2023** ## **Registered Charity Number** 1161627 (date of registration May 12, 2015) ## **Address for Charity Correspondence** 121 Westley Road Bury St Edmunds Suffolk IP33 3SA ## **Charity Trustees** M D Jolley (Chairman) K McGrane (Secretary) G L Macintyre (Treasurer) ## **Independent Examiner** Sarah Place Accountants Ltd ## **Governing Document** The Charity is a trust constituted under a Trust Deed dated November 1, 2014 as amended by a deed dated April 19, 2015. Trustees are appointed by the existing trustees. A trustee who is a minister is permitted by the Trust Deed (as amended) to be a stipendiary. ## **Objects** The objects of the Charity are to advance the Christian religion in accordance with the Westminster standards, to the glory of God and for the benefit of all mankind everywhere. ## **Activities and Public Benefit** In planning activities the trustees have considered the Commission’s guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion. The Charity principally satisfies the public benefit requirement through providing the means to hold services of public worship, by funding the provision of suitable space therefor and of full-time ministerial support thereto and for pastoral services in the local community. Effectively to promote the Charity’s objects for the public benefit, the Charity’s principal activities necessitate gathering in person for the provision of charitable services. The Charity does not own property or real estate, and hired the New Bury Community Centre on Bury St Edmunds’ Howard Estate to conduct its Christian ministry for the public benefit. Services of public worship are advertised and are open to all without charge. Recordings of sermons are uploaded and freely available to all via the Internet, and Christian literature is displayed and available without charge. The Charity relies extensively on volunteer support to provide and conduct the full range of its services and activities. Page 1 of 2 AcbAevements and Perfonnance Bury St Ldtnunds pr￿byteri2ti Church CSSEPC,? is Collllllittcd to enab]ing as niany peopk as possible to wothip and scrve the ]iFing G(xl and to be instrncted in the Cim5tian f2itlL BSF.PC held serrices of public Worsh￿ morniug 3nd evening each IA)rd's Day throughout the year. Sunday School d2sses foI children and a Study C]2ss for adults were held on most Lord's Days. Regu]ar Bible studic5 and prayer mectings were hdd duzing the weeK Ls well as oulteach activities for pareots and youogeE children witbio the CotEll￿Un1ty Centre. Lotd's Supper was frquendy observed when the church was gatherf 8nd over the coutse of the thTce children AFere bxptiz Extettsive pa5torxl Visitstion was Undertake￿ espeojlly by the Rev. Mattbew Jollcy. The t1￿ce charity tn￿tee$ are also the elders of the CbutdL Financial Review AccouTrt5 have been Pre￿ed on a cash accounting basis in accordance v3ith Section 133 of tbe ch￿ltieS Act 2011, reporting receipts and pavmcnts with 2 statement of assets 2nd liabi]ities. Receipts of £85,876 Eor the year (pr￿0￿$ year £68.572) comprised donations of £80,071 (gwts £nit), investment ti)corne of £550. and Gift Aid ttcovcry of tsx of £5255. As 15 usual for a cb2rity 0£ this type a￿d S￿¢. 8 5ignific2llt proportioo of the payn)ents of £67.0.35 (previous year £63.668) re]ates to stipcud and ministenal supporL The church m2de grxnts and diaconal &8tiibutioos of £1250 dLuing the accounting year (pterious year £7.100). Rec¢ipts exceeded payments by £18,841. th¢ suoJlus being added to tesctves. This compares itb 2 surplus o££4.904 fot the preTiOUS vcat. ReseThes policy Th¢ po]ig of the tNstees is not to accumvjate reserv￿ but to Tse reserves in the promotion of the CIw"Lty's objccts. aod maintayn a baiancc on unrestticted fimds tbat equates to at least stx montbs, unrestricted paynAellts to covet v￿ores¢¢n situations that may ￿ls¢ from time to time. Tn hght of the m2in tisks £2ctng the Cknity tbe ttustees collsi(kr the cuttent levd of teseThres and their use (as necessAry) to fund 2tmual deficits saiislartory. Signed by sll Trnstees M D Jolley Dat& iv K 102 K McGrane Date: G L MacintFr Date: MAJ ZQUtr Page2of2 ## **RECEIPTS AND PAYMENTS ACCOUNTS** |**Charity Name**
**Charity Number**
**For the Period From**|1161627
01.09.22
**to**
31.08.23
Bury St Edmunds Presbyterian Church| |---|---| ## **Section A - Receipts and Payments** **----- Start of picture text -----**
Unrestricted Restricted Total Last
A1 - Receipts Note
Funds Funds Funds Year
Offerings 1 60862 0 60862 40125
Gift Aided Income 19209 0 19209 21019
Tax Recovered on Gift Aid 2 5255 0 5255 2615
Grants Received 0 0 0 0
Deposit Account Interest 550 0 550 297
Other 0 0 0 4516
Sub - Total 85876 0 85876 68572
A2 - Asset and Investment Sales 0 0 0 0
Total Receipts 85876 0 85876 68572
Unrestricted Restricted Total Last
A3 - Payments Note
Funds Funds Funds Year
Stipend (Inc. Employer's NI) 3 46168 0 46168 43029
Visiting Speaker Expenses 2260 0 2260 200
Travel Expenses 1109 0 1109 971
Children's and Youth Work 1066 0 1066 467
Catering and Kitchen Supplies 563 0 563 561
Publicity 302 0 302 461
Printing and Stationery 34 0 34 232
Books and Copyright Licences 231 0 231 127
Rent and Insurance 13541 0 13541 9703
Miscellaneous Expenditure 511 0 511 817
Grants & Diaconal Distributions 4 1250 0 1250 7100
Other 0 0 0 0
Sub - Total 67035 0 67035 63668
A4 - Asset and Investment Purchases 0 0 0 0
Total Payments 67035 0 67035 63668
Net Receipts and Payments 18841 0 18841 4904
A5 - Transfers Between Funds 0 0 0 0
A6 - Cash Funds Last Year End 177822 0 177822 146196
Cash Funds This Year End 196663 0 196663 151100
**----- End of picture text -----**
Section B - Statement of Assets and Liabilities at the End of the Period Bl- Cash Funds Restricted Note Funds Funds Fund5 Bank Statement Balances Plus Unpresented Receipts Less Unpresented Cheques Total Cash Funds 201818 201818 201818 201818 B2- Other Monetary Assets Note Total Funds Funds Fund5 Debtors Other Total Other Monetsry Assets 4802 4802 4802 B3- Investment A$5ets Total Funds Funds Funds None Total Other Monetary Assets B4- Assets Retsined for the Charity's Own Use Piano and Equipmerrt Other Total Other Monètary Assets Totsl )te Funds Funds Funds 25 2500 25(MJ 2500 B5- Llabilities Re51wirted Total Fund5 nds Ftsnd% c￿d[torS Other Total Other Monetary Assets 1980 1980 1980 1980 Trustee Signature Trustee Narne Date of Approval i*/,1, 2fy1oS I dYh/ dic ## **Notes for the Accounting Period 01.09.22 to 31.08.23** 1) Offerings included a total of £1,550 received from individual donors resident in the USA. - 2) Gift Aid recovered from HMRC and banked in the year to 31.08.23 relates to donations received in the previous financial year. - 3) During the accounting period the charity paid one trustee as an office holder, The Rev Matthew Jolley, who received a stipend in his capacity as full-time minister of the church. - 4) During the accounting period the charity paid grants to Operation Mobilisation (UK) and All Saints Presbyterian Church (Newcastle). - 5) No conduit funding transactions took place during the year to 31.08.23. Independent Examiner's Report to the Trustees of Bury St Edmunds Presbyterian Church I teport on the accounts of tbe Churdl (R¢￿Stered C112tity Number 1161627) lor the ended 31"_4ugmst 2023. Respective ResponsIl)ilities of Tn￿teeS and Examinet The ch￿1￿5 trustees 2re responsibk for the preparation of the account* The clwity's rTh￿tees considet th2t 2n audit ts not required fot tbis )ie2t under section 144(2) of tbe Ch2tities Act 2011 (the 2011 Act) 2nd that an independent ex2ti]i￿tt0n is neede