BbRY ST EDMUNDS TOWN TRUST
(a company limited by guarantee)
FINANCIAL STATEMENTS
For tbe year ended 31" March 2025
Registered Number: 1469397
Charlty Number: 279477

BURY ST EDMUNDS TOWN TRUST
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025
CONTENTS
Referen¢¢ Und administrative details
Tn￿tee$, Report
Statement of Financial Activities
Balanc¢ Sheet
8- 15
Notes to Financial Statements
The following pages do llot forni PArt of the statutory fiDgllc191 stAtemeDts.
16
Indep¢nd¢nt Examiner's Report to th¢ Trustees

BURY ST EDThIUNDS TOWN TRUST
REFERENCE & ADMINISTRATIVE DETAILS OF THE CHARrrY,
ITS TRUSTEES & ADVISORS
FOR THE YEAR EIWED 31ST MARCH 2025
Directors and Trnste
J P Lloyd - Chairnian
P N Tatum ~ Treasurcr
G E P Rynsard - Secretary
J H Popham
M H Charlesworth
D W Mi2011
P R A Rynsard
A O'Gorn)an
C E Covnmins
RHAClare
E P G Marshall-Crit¢hley
Company Registered Number
1469397
Charity Registered Number
279477
Registered Office
79 Whiting Stre¢t
Bury Si E4lmunds
Suffolk
IP33 INX
CompAny Se¢r¢t&ry
P N Tatum
Independent Ex4miDer
A Robinson FCA
Lovewell Blak¢ LLP
Chartered A¢¢ounlants
First Floor Suite
2 Hillside Business Park
Bury St Edvnunds
Suffolk
IP32 7EA
Solicitors
GT¢en¢ & Greene
80 Guildhall Street
Bury Si Edmunds
Suffolk IP33 IQB

BURY ST EDMUNDS TOWN TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST NWiCH 2025
The Trusie¢s (who are also Directors for the PUTP05es of the Companies Act) pffs¢nt their annual report
with the unaudited financial statements of the Charity for the year ¢nded 31 s¢ March 2025.
The Trustees confirni th81 the annual report and financial statements of the charity comply with current
stattjtory requiremertts, the requirements of the charity's governing document and the provisions of the
Statemenl of Recommended Practice (SORP), applicable to charities preparing their account5 in
a¢¢ordance with tli¢ Fiiiancial Reporting Standard applicable in the UK Republic of Ireland (FRS102).
They are also pr¢paTed io meet the requirements for a directors. report and accounts for Companies Act
purposes.
Trus¢ees' respoosibilitles In Tel8tioo to the FiD8n¢ial StateMe￿ts
The Trustees are responsible for preparing a TTUStees' annual r¢port and financial stst¢ments in accordance
with applicablc law and United Kingdom Accounting Standards (Unitcd Kin8dom G¢n¢rally Accepi¢d
Accounting Practice).
Company law requires the charity Trustees 10 prepare financial statements for ea¢h year which give a tru¢
and fair view of the state of affairs of the charitable company and of the incoming reSOll￿eS and
application of resources, including the inconie and expenditurc, of the ¢harilable company for that p¢riod.
In preparing the financial staten)ents. the trustees are r¢quir¢d io..
Select suitable accounting policies and then apply then consisiently-
Observe ih¢ methods and principles the Charilles SORP,.
Make judgements and estimates that are reasonable and pwdenl,.
Stste whether applicable UK aeeounting standards have been followed. subject lo any material
departur¢s disclos¢d and explained in the financial ststements.
Pr¢pare the financial Statements on the going ¢onc¢rn basis unless it is inappropriate to presume
that the ¢harity will ¢onliDu¢ in busin¢s5.
The Trustees are responsible for keeping proper accounliThgJ i¢¢ords thai disclose with redsonabl¢ accuracy
at any ¢im¢ the fiTJancial position of the charity and to enable them to ensure that the financial st2tements
compl)tr with the Companies A¢t 2006. They are also responsible for safeguarding the assels of the ¢harity
and h¢nc¢ taking r¢asonable steps for the prev¢ntion and detection of fraud and other irre8ularittes.
The Trustees are responsible for the mainlenan¢e and inl¢grity of the corpor81¢ and financial infonnation
in¢luded on the ehaTltable cotnpaT]y's ivebsite. l.egislation in rhe United Kingdom governing ihe
pr¢paration and di5s¢mination of finaiicial statem¢niS may differ from legislatlon in other jurisdictions.
StAtus of tbe Charity
The Charity is registered under the Charity Commission for England and Wales, number 279477 aiid is
constituted as a private company limited by guarantee. registered number 1469397.
The Chariiy's objects ai)d powers and other constilutaonal matt¢rs are set out in its gov¢rnin¥ document. ils
Memorandum and Articles of Associatioii.

BURY ST EDMUNDS TOWN TRUST
REPORT OF THE TRUSTEES- toDtinued
FOR THE YEAR ENDED 31ST MARCH 21125
Principal Aetivlty
The Charity is establislied with the objects that foi the benefit of the people of the forni¢r borough of Bury
St Edrnunds and the English nation at large. there should be preserved, restor¢d and improved whalever of
the English historical, awhit¢¢iural and constructional herit&8e may exist in and around the former borough
of Bury Si Edmunds.
The Charity seeks to detnonstrate it5 aim5 by undertaking Projects to preserve existing buildings and
develop new ones, PToinoting the best standards of design and WOTknianship.
Patrolls
Martin Lightfoot CBE was a patron of the Charity throughout the year. Jo Churchill MP ¢¢8sed as a Patron
on 22 October 2024 and Dr P¢l¢r Prinsley was appoint¢d on that dal¢.
Trust
The ongoing projects of the Charity and its day to day activittes are managed by the Trnstees who meet on
a regular basis. The Trustees ¢ornpris¢ a range of specialists in th¢ ar¢as in which the Charity operates and
arc drawn from the Bury St Edinunds Clmnmunity. N¢w Trustees ¢ither replaGc or add to this range of
skills. Such Tjustees usually aii¢nd one or more m¢etings of the Trustees prior to becomiiig a TTUStee.
during which time they obtsin an understanding of the objects and operattons of the Charity and their
expected role.
The Articles of Association PTovide that Trustees shall be subscriber5 to the Memorandum of Association
or such other persons as the Trustees or the members of the Charity in general meeting shall frorn time to
time elect. One-third of tli¢ Trustees are required to retire at each generdl meeting and if eligible may offer
themselves for re-el¢¢lion.
Trustees of the Charity. who served duTing the ycar were as follows-.
Chairn)an:
Treasurer:
Secret8ry.'
01h￿ Trustees..
J P Lloyd
P N Tatum
G E P Rynsard
J H PophaTn
M H Charlesworth
D W Mizon
P R A Rynsard
A O'Gorman
C E Cowt]mins
A R Wilkinson
RHACl8re
appointed on 9 July 2024
E P G Marshall-Crit¢hley appointed on 9 July 2024
Since the year-¢nd A R Wilkinson has T¢signed as a Tru￿ee on 6 Mav 2025.

BURY ST KDMUNDS TOWN TRLIST
REPORT OF THE TRUSTEES- continued
FOR THE YEAR ENDED 31ST MARCH 2025
Public Benefit
Along with other similar bodies in the United Kingdom the Charity operat¢s as a building prese￿atIon
trust. The objects of these bodies are to preserve and maintain the architectural heritagc of the nation for
th¢ benefil of all ils people. Whilst the focus of each body is to iLs local area, collectively, they all work
for ihc b¢nefJt ot the country as a whole. The Trustees are therefore satisfied thal the Charity meets the
provisions of the Charities Act and the public benefit requirements.
Relale41 Party Relgtionsbips
The Trustees devote their time to the Charity"'s affair5 and receive no remunerdtion or other benefit except
for the treasurer. details of which are disclosed in no(e 13 to the accounts. There are no employees of (he
Charity.
Investment Powers 2nd Policy
The Arti¢l¢s provid¢ that surplus funds may, at the discretion of the Tru51¢¢S, be invested from lime to time
as they think fit. The TTllSt¢¢s have ¢onsider¢d the most appTopriate policy for investing ￿ndS not
iTnmediRtely required for sp¢cific projects and consid¢r tliat a deposit a¢¢ount witli th¢ C.O.l.F Charitl¢5
Deposit Fund designed for th¢ charity s¢ctor is appropriate for the Charity.
Rfisks Poli¢y
Th¢ Trustees hawe tsk¢n appropriate steps to minimise as far a5 possible any risks to ihe Charity's Assels.
In addit50n, prior to comm¢n¢iJJg a new renovation projecl a risk review is ¢arri¢d out to ensure that
adequate fuT]din8 for the projecl is in place, contracts for the supply of labour and materials, professional
fees ete. 2r¢ placed wilh reputable firms with adequale financial re50uwes and whcre appropTiate a
purchaser for the completed project 15 in pla¢e, Th¢s¢ procedures are p¢riodicAlly reviewed to Cnsure they
¢ontinue to med the needs of th¢ Charity-
Reserves Policy
Th¢ Trnstees consider that uncommitted reserv¢5 in the region of£12.500 shoLild b¢ r¢t&ined to ensure that
the Lharity is able lo fund ongoiiig r¢v¢Jiue costs relating to g¢neral adtnitListration aiid runn?ng of the
¥harily should there b¢ a delay or significant r¢duction in r¢v¢nu¢s arising from recurring sour¢es of
income. At the balan¢e sh¢et date uiieommitted r¢serv¢s. excluding tli¢ net investm¢nt in I l High Baxter
Street amounied to £13.108.
Going CoDcerll
The Trustee5 satisfied that ihe charity has adequ8ie resources to contiiiue in 0￿rd(lon&1 exislenc¢ for
the for¢se¢abl¢ futurc and meet its obligations under currenl projects. For these reasons the Truste¢s
continue to adopt ih¢ going concern basis in preparing the financial statements.

BURY ST EDMUNDS TOWN TRUST
REPORT OF THE TRUSTEES- CODtiDued
FOR THE YEAR ENDED 31ST MARCH 2025
Review of Activities, Aehiev¢m¢ttts for tbe yegT #nd Future Plan8
I I, High Baxler Street wa$ let throughout the year and th¢ property will be sold when mark¢t ¢onditions
havc improved sufficiently.
The Building Conservation Training COU￿¢. jointly with West Suffolk College, continued during ihe
yeaT SUPPOrted by external and Tnember dtsDations.
The Charity has continued to provide support to oth¢r projects in Bury St Edmunds including the Railway
Station. the Town Centre Management Plan. the fomei Posi oifi¢e Sil¢, ret¢ntion of a county records
office in the town and proposed redevelopment of the Greene King site.
The Charity monitors developments in sustainability and reducing the carbon footprint of heritage property
signposting via its website to wider infomiaiion.
The Trustees will Continue to support these projects in the forthcoming year and look at other worthy
projects for the benefil of the town wbich may arise.
Review of the Results 4)f the Year
Net outgoing resources for the year amounted io £1,454 (2024.. nel incoming resources £3,628). Total
Reserves carried forward at the year-end amounted to £172,050 (2024: £173.504).
Small Company Exemption
This report is pr¢par¢d in ￿cordance with the sp¢cial provisions of Part 15 of the Compani¢s Act 2006
relating lo small companies.
Signed by onler of the
Trustees
/J(J Ic•
P N TAtum
Treasurer v4nd Company Secretary
Date: 151b September 2025

BURY ST EDMUNDS TOWN TRUST
STATEMENT OF FINANCIAL ACTtVITIES
(INCORPORATII¥G THE INCOME AND EXPENDTfuRE ACCOUNT)
FOR THE YEAR EI¥DED 31- MARCH 2025
Total
funds
2025
Totsl
fund$
2024
Note5
Unrestricted
Funds
Restri¢ied
Funds
Income from:
Donations aDd legaci¢5
Grants
Subscriptions
Other trading activities:
Rents
Investments:
Bank and other interest
2,113
450
2J63
22,684
21.088
1,404
1.145
1,145
29,550
29,550
19,750
19
19
30
Total lllcome
32,827
450
Expenditllre on:
Charitabl¢ Activities
Propety expenses
Other activities
28360
3J71
28260
6,471
30.801
30,527
3,100
Total expenditure
F4et Incomelexpenditur¢
and movement in
funds
1,196
(2,650)
3.628
Reconciliation or
Fullds:
Funds brought forward
165
173
04
169 876
Funds earried fonvard
166 759
5291
172 050
The slatement of financial activities incotporates the income and expenditure aecount
and includ¢5 all gains and1055es re¢ognised in the year derived from continuing activities.
The noi¢s on pa£es 8 to 15 form part of these financial statements.

BURY ST EDTrWNDS TOWN TRUST
Oiegis¢r*tion Number 1469397)
BALANCE SHEET
ST
AS AT 31 MARCH 2025
2025
2024
Note5
Curr¢Dt Assets
Work in Progre55
Debtors
Cash at bank and in hand
662278
1,698
18
31
682007
662,278
1,320
19,031
682,629
Creditor8: amounts falling due
within one year
510 757
509 125
Net Currenl Assets
172,050
173.504
Net Assets
173.504
ChArity Funds
Restrieted Fund$
5291
7.941
U￿restrIcted FuLd$
166 759
165 563
Total Funds
172050
173 504
The direclors are satisfied that the company is entitled to exemption froTll the provisions of the Companies Act 2006
('The Act,) relating to the audit of the financial statements for ihe year by virtue of section 477, and that no mcmber
or members have rcquested an audit pursuant to section 476 of the Act.
The directors a¢knowl¢dgc their r¢swi)sibilities for ensuring that the fjompany keeps prop¢r Èceounting Tecords which
comply with sectioi) 386 of the Act and Preparing financial statement5 whi¢h give a true And fair view ofih¢ state of
affairs of ihe company as at the end of the financial year and of its surplus or deficit for the finan¢ial year in
accordance with the requirements of section 394 and 395, and whieh oth¢nvise comply with the requiT¢ments of the
Act relating to the financial stalements, so far as applicable to the ￿mpanY.
These fiiiancial state]nents have been prepared in accordance with the special provisions tor small¢r companies under
part 15 of the Companies Act 2006 and with the Finan¢ial Reporting Stsndard &ppli¢abl¢ in the UK and Republic of
Ireland (fRS102
11)ese financ
atements wer¢ approved by the directors on 15th September 2025 and signed on their behalf by.'-
J P Lloyd
Director
P N Tatum
Director
The nole5 on pages 8 to I S fomi part of these finan¢ial statements

BURY ST EDMUNDS TOWN TRUST
NOTES TO THE F]NAI¥4CIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025
Aecovnting Poll¢ie5
Th¢ Bury St Edmunds Town Trusl is a company limited by guarantee incorporaied in Eng]and. The address
of the registered otTice is provided in the reference and administrdtive details on pag¢ l.
The financial statements have b¢en pr¢p2red under th¢ historical cosi convenlion with it¢ms recognised at
cost of transaction value unless otherwise sial¢d and in accordance with Accounting and Reporting by
Charities.. Ststeineni of ReLotnmended Pra¢iice applicable io Charities pr¢paring iheiT a¢¢ounts in
accordance with th¢ Financial Reporting Standard applicabl¢ in the UK and Republi¢ of IrelaTLd (FRSI02).
the Financial Reporting Standard appli¢abl¢ in th¢ United KingdoTll and R¢public of Ireland (FRS 1021, the
Charities Act 2011, the Compani¢5 Act ?006 and UK Generally Accepted Accounting Practice.
The company has revised its forn]&t of accounts. as provided by the Companies Act 2006, to include
headings whi¢h ale relevant lo its activities thus enabling it to show a true and fair view.
The ChaTity constitut¢s a public benefit entity as defined by FRS 102.
In¢ome Recognition
All incotne is Tecognised once the Chariry has entitlement to the income, it is probable that the in¢ome will
b¢ rec¢iv¢d and th¢ amount of income receivable can be measured reliably.
The prin¢ipal sources of income received by the Charity are accounted for in the Statement of Financial
Activities as follow5-_
Gra￿ts
Income from grnnts, whether'capital, grants or 'revenue' grants, is recognised when the charity has
¢ntitlernent lo the funds, any pcrfomiance conditions attached to the grants have teen met, it is probabl¢ Iha(
the in¢otn¢ will be rec¢ived and the amounl can be measured reliably and is not deferred.
Subs¢ription$
Subscriptions ar¢ in¢lud¢d when recetved and include recoverable gift ald.
Don*tion8, le8aeie$ and $poTrsorship
Donations are recogni$ed wh¢n the Charity has been notified of the amounts and the settlement dat¢ in
writing. If there are conditions attach¢d to the donation and this Tequir¢s a level of perforniance before
entitlement can be obtained thej) income is deferred unlil those coiiditions are fully met or the fuifilmenl of
those condilions is within the controls of the charity and it is probable that they will be fulfilled.
For legacics, entitlement is the earlier of the Charity b¢ing notifi¢d of an impending distribulioD or the
legacy being received. At this point income is re¢ognised. On occasion l¢gacies will be Jiotified to the
charity, however: it is noi possible io measure the amount expeC￿d to k distributed. On thes¢ occasions,
the legacy is treated as a contingent assel And disclosed.

BURY ST EDMUNDS TOWN TRusr
NOTES TO THE FINANCIAL STATEMENrs
FOR THE YEAR ENDED 315T MARCH 2025
l. Aeeountlng Policies Continued
IDve5tmeD¢ Income
Investment income represents int¢r¢st arising on funds held in UK banks and building societies and with
charity deposit fijnd managers.
Rental IHeome
R¢ntsl income is included on a receivable basis.
Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic bencfit to a
third paty, it is probable ihat a transfer of economic benefits will be required in settlement and the amount
of th¢ obligation can be measured reliably.
Expendilure on charitable activities eompri5es dire¢t expendituTe relating to the Charity's principal activities
and includes irrecoverable VAT. Governanc¢ costs include those costs associated with m¢¢liTkg the
constitutional aiid statutory requirements of th¢ Charity and include Independent Examiner's fees and costs
Itnked to the managem¢nl of the Charity.
Fund Accounting
Unrestricted Funds
The general fund consists of funds which the Chariry miy use at its discretion for its main objects and
derives principally from SUTplus¢s on projects undertaken, memb¢rship subs¢riptLons. investmeni and r¢ntal
income.
Designated Funds
D¢si8iiat¢d Funds consist of amounts set aside by the Trus*es out of General Funds for specific projects.
Restricted Funds
Restricted funds consist of funds received for specific projc¢ts on which the donor has i[n￿Sed restrictions
for its use.
Flxed A￿ets
Investment Properti¢s
Freehold land and bvildings held for iiivestment Purposes are included at open markel value and no
depreciation 1% provided thereon. The difference betw¢en cost and open market value is credifrd to th¢
revaluaiion r¢s¢rve.
Fixed Assets held foi res91¢
Non-current asseis are classified a5 held for sale when th¢ir ca￿]ng omounl will b¢ r¢eov¢r¢d principally
through a sale transaction rather than continuing use And a sale is highly probable. A5s¢1s ar¢ designgted as
held ai the lower of canying &mount and fair valu¢. Deprecialion is not ¢haTged against pro￿rtY classified
as held for sale.
Work In Progress
Work in progress represents the cost of properties purchased for refurbishment and renovation and return to
use by onward sale. Cost represenis the pur¢h&qe price of the property together with subsequent COSIS
incurred in bringing ihe propety to a condition suitable for onward sale.
At each balance sheet date the canying value is assessed for any pernianent impairnient where accumulated
COSt exceeds th¢ lik¢ly sclling price based on an assessmenl of ihe market. Any impairnieni loss is
r¢¢ognis¢d in the Statetn¢nt of Financial Activitl¢5.

10
BURY ST EDMUIYDS TOWN TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ELYDED 31sf MARCH 2025
AceouDting Poli¢ies conti0￿ed
Debtors
Trad¢ and oth¢r debtors are recogni5ed al the settlement amount after any trade discouni offered.
Prepayments are valued al the amount prepaid nel of any trdde discounts due.
C•$h al Bank aDd in Hand
Casli at bank and in band includes cash and short ierni highly liquid investments with a short maturity of
three months or less from the date of acquisition or opening of the deposit or similar account.
Creditors and Provisions
Creditors and provisions are reeognised when there is an obligation at the Balance sheet date as a result of a
past event, it is probable that a transfer of economic benefit will be required in settlement and the amount of
the settlement can be estimat¢d r¢liably. Liabilitie5 or¢ re¢ognised Bt the amount that the ¢harity anticipales
it will pay to settle the debt or th¢ amount it has re¢eived as advanced payments for the gwds or services it
must provlde.
C4sh Flow
The financial statem¢nls do not include a cash flow statement because the ¢haritsble Company, as a small
reporting ¢ntity, is exernpt from the r¢quirement to P￿pare such a slal¢m¢nt.
FinaDei81 Instruments
The ch8rity only has financial a$seis and fin8ncial liabilities of a kind that qualify as basic financial
instrum¢nts. Basie financial instruments are initially r¢cogni5ed ai traT]saction valu¢ alld subsequently
measur¢d it ih¢ir s¢ttlem¢nl value.
Going Con¢¢r
The financial sr&t¢m¢nts have been prepared on a going ¢on¢ern basi5 a5 the Trustees believe that no
material relevant urbC¢rtainties ¢xist. Th¢ Trustrcs liave con5id¢r¢d the level of funds held and the expected
level of income and expenditure for 12 months from authori5ing these financial statements. The budgeted
income and expenditure 1$ 5ufficienl with the level of r¢s¢rves for th¢ Charity lo k able to continue as a
going concern.
2. Net Incomelexpenditur¢
i) Discretionary council tax reliefon I l. Hi8h Baxter Str¢el 2mount¢d to £NIL (2024 - £997).
Grants received from the Biiry St Edmunds Towth Couttcil amounted to £NIL (2024 - £12.09]) to
fund the renovation of the South African War Memorial situated in CorDhill.
Grants received fron) West Suffolk Councillors amounted to £NIL (2024 - £6,000) and ihe Lund
Charitable Trust £NIL (2024- £2.000) to fund the Building Conservation Training Progrnmme
ii) Income ￿￿]Ved in 2024 cornprised of Unrestricted Funds of £29,847 and Restricted Funds of £33,638.
iii) Nel in¢omel(¢xpellditur¢) is after ¢harging-
2025
2024
Trnstee indemnity insuranee
Independent Examiner's fte
412
020
389

BURY ST EDMUNDS TOWN TRUST
NOTES TO THE FINAIYCIAL STATEMENTS
FOR THE YEAR ENDED 31- MARCH 2025
3. Ch*rktable Expenditure
2025
Unrestrlcted
Funds
2024
Unre8trlcted
Funds
Re8trl¢ted
Funds
Restricted
Funds
Property expeTys¢s '.
-Loan urrangetn¢nt feeg
-Repairs and snaintenance
-Rates & utilities
-Loan interest
1.109
,471
3.779
594
1,996
997
28
997
Other activstics '.
Conservation Training Prog.
War memorial
Genera] expenses
Governance costs
3,100
3.744
23.795
814
609
71
4. Work Jn Progress
2025
2024
Expenditure on I I, High Baxter Street '.
Cost bmught forward al l April 2024
662278
634,042
Expenditure during year
28.236
Cost caryied fon¥ard at 31 March 2025
662
78
662 278
The directOTS have assessed the net realisable value of the property on completion and based on indieative
prof¢ssional valuations the cumulative cosls of the project exceed the probable selling price. Accordingly?
on adjustmerlt lo th¢ carrying value of the property has been recognised through the Statemeiil of FinATrcial
Activilies in prior years alnounting to £146,125 to reduce ihe caTrying value lo net realisable value.
l)¢btors
2025
2024
Debtors & prepayments
1,698
1,320

12
BURY ST EDMUNDS TOWN TRUST
NOTES TO THE FINANCIAL STATEMENTS
Sr
FOR THE YEAR EffDKD 31 fvJARCH 2025
6. Creditors
Amounts falling due withill oDe year:
2025
2024
Other ¢Teditors
A¢crn2ls
Loan not¢s
Othcr loans
13,627
2,130
130,000
365,000
11,027
3,098
130,000
365 000
510 757
509 125
£300,000 20/0 Fixed Rate Unsecured Loan Notes 2020 were crealed on 251h February 2020 to rais¢ funds for
work at I I, High Baxter Stre￿. The loan notes ￿ restrict¢d to Membe￿ oFth¢ Charity only and are
unsecured. £130,000 of the loan notes had b¢en issued ai 3 I￿ March 2025 (2024 - £130.000). The loan nffles
together with accnjed interest a￿ not redeemable until after I I, High Baxter Sty¢¢t has b¢¢n sold.
Other loans ai 31 March 2025 eomprise of interest only mortgagc with Ecology Building Society to
finance ihe I l. High Baxter Street development. Interest 19 chargcd at th¢ So¢iety's standard variabl¢ rate
and the facility is available for a period of up to 30 years or on sale of the prop¢rty if earlier.
Other loans are secured against I I, High Baxter Str¢d.
7. Allalysis of Net A88ets- current yeAr
Unrestricted
Funds
Restricted
FuDd$
Total
2025
Total
2024
Current Assets
Creditors due within one year
677,516
510 7571.
5,291
682,807
682,629
509 125
160 759
91
172 050
173
Analy81$ of Net A88ets- prior ytar
Urtr¢8tri¢ted
Fu4ds
Restri¢¢ed
FuDd5
Total
2024
Total
2023
Cvrrent Assets
Creditors due within on¢ y¢ar
674,688
(509,125)
7941
682,629
(509,125)
658,635
(488,759)
165.563
169 876

13
BURY ST EDMUNDS TOWN TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31- Tr14RCH 2025
9. Analysis of Funds- current year
Brought
Forward
Incoming
Resources
Resources
Expended
Fund
Transfers
Carried
Fonvard
Restricted funds
Building Conservation
Training Programm¢
7y5
3,100
4,895
War memorial
396
396
Unrestricted funds
- Designaied
2,0011
(2,000)
G¢ner81
2.0110
166.759
Totsl Funds
173
77
Restrict¢d Funds T¢late to -
Annual sponsorship and grants to fund the Building consc￿￿tiOn TrAining Programme.
- GFanl ￿]Ved to support revenue costs in connection with I I, High Baxter Str¢et.
-Grants and donations in connection with ￿n0vatIOn of the South African War Memorial in Cornhill.
The Designaled Fund, set aside to support the Building Con5¢rvatioD Training Programme. was released
back to Gen¢ral Fund in the year.
l O. Analysis tsf Funds- prior year
Brotsght
Forngrd
IDeoming
Re50urees
Re$our¢es
Expended
Carried
Fonvard
Restricled fullds
Building Con5erYation
Training Programmc
2039
8A50
3,744
7545
I, High Baxter Strett
997
997
War Memorial
24.191
23,795
396
Unrejlrirted fuDds
- Designated
2,000
- Gen¢rdl
165 037
29
31
21
163
Totsl Funds
169
76

14
BURY ST ED]￿NDs TOWN TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023
I l. Fingneial IDstruments
The Charity's finan¢io1 instrum¢nts amounted to £19,181 (2024 - £19,381) repres¢llt¢d by trade d¢btors of
£350 (2024 - £350) and cash at bank of£1 8,831 {2024 - £19,031), trad¢ ¢r¢dilors of £15,757 (2024-
£14,125) and loan finance of £495.000 (2024 - £495,000).
12. Control
The Charity is under the contToI of the Trusiees.
13. Related Party TransactlODS
No Trustees received any remuneration during the CU￿ellt or previous year.
Yran84etions with the Trusttts
£20,000 Loan Notes have been issued to l M J Rynsard, the wif¢ of P R A Rynsard, who is a Trustee.
Inl¢rest ¢hArged in the year amounted to £400 (2024 - £400) and interest a¢¢tued at the year-end amouni¢d
to £1.967 {2024- £1.567).
£15,000 Loan Nol¢s have been issued to Hazells & Co (BSE) Ltd. J P Lloyd, who is a TTUStee and
Chairman, is a direcior and owner of Hazells & Co (BSE) Ltd. Int¢resi ¢haTg¢d in tl)e year amountrd to £300
(2024 - £300) aT]d interest accrued At the ye2r-end amounted to £1,200 (2024 - £900).
Details of the Loan Not¢s are fully described in Note 6.
The treksurer. P N Tatum, is an employee with Whitings LLP, ChaTt¢r¢d Ac¢ountsnts who provide
accountancy servi¢es to the Charity. Fees. includiiig VAT, of £60 {2024= £120) were ¢harged by Whitings
LLP during the year and are included in the accounts. an amounl of £NIL (2024: £120) is included in
a￿￿tal5 at th¢ year end.
During 2024 P R A Rynsard. who is a T￿slee, loaned the Charity £1 0,000 on a short lern) basis and Interest
fr¢¢ pending securing long terni funding to complete the I I, High Baxter Street project. The loan wes repaid
in full during 2024.
During 2024 the Charity received a donation ol'£1 0,000 froin Hazells & Co (BSE) Ltd for the general
purposes of the charity. J P Lloyd. who is a Truslee and th¢ Chairnian, is a director and owner of ihe
company.
One Trustee was reimbursed ¢xpenses amounting to £74 during the year (2024.. £NIL) in respect of costs
ineiiJTed on behalf of the Charity in connection witli its activities. Donations by Trust¢es during the year
were £25 (2024 £25).
r)uring the year Trust¢¢ indemnity insurance was purchased for a premium of £412 (2024-. £389).

15
BURY ST EDMUNDS TOWN TRUST
NOTES TO THE FtNANCIAL STATEMENTS
ST
FOR THE YEAR EIYDED 31 MARCH 2025
14.Taxation
The company is a registered charity. The charity is exempt from tsx on incom¢ and gains falling within
section 505 Taxes Ad 1988 or seclion 252 Taxation of Chargeable Gains Act 1992 to ihe extent that they
are applied to its charitable objects.
15. Membern GuAr8ntee
Th¢ cornp8ny 15 limited by guarantee and has no share capital. Each member is liable to contribut¢ an
amount not ex¢eeding £10 in the event of a winding up.

16
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
BURY ST EDMUNDS TOWN TRUST ('the Company'}
FOR THE YEAR ENDED 3151 MARCH 2025
I report to the charity tnjstees on my examination of th¢ financial statements of the company for the year ended
31 March 2025 which compri&e the slatement of financial aetivities (including income and expenditure
account), balanee sheet and the related notes.
Sibilities and b￿1$ of re
ort
As the charity tNstees of ihe company (and also its dir¢¢tors for the purposes of company law) you are
responslble for the prepaTat&on of the financial statements in accordance with the requiremenls of ihe
Compani¢s A¢t 2006 ('the 2006 Act,).
Having satisfied myself that th¢ financial stat￿nentS of the company are not required to be audited under Part
16 of th¢ 2006 Act and are eligible for independenl examination, I report in r¢spe¢i of my exavnination of your
company's financial statem¢nts as ¢arried out under section 145 of the Charities Aet 2011 ('the 201 l Act,). In
carying out tny t￿MInatIOn I have followed the Directions given by th¢ Charity Commission under section
14515)(b) of ihe 201 l A￿.
Indt
ndent examiner's stste]Ment
I have complet¢d my examination. l confirm that no m4tt¢rs hAve ¢ome lo my attention in connection with
th¢ ¢xamination giving me cause to believe that in uny material reswt..
accounting ￿ordS were not kept in Tespe¢t of the company as required by section 386 of the
2006 Act,. or
th¢ financial stat¢m¢nts do not accord with thos¢ r￿ordS. or
th¢ fin2n¢ial statements do not comply with the accounting r¢quirements of section 396 of the
2006 Act (Jther thal) any requirement thal the accounts give a 'true and fair. vi¢w which is not a
tnatter Considered as part of an independent examination- OT
th¢ financial staiem¢nts hav¢ not been prepared in accordance with th¢ methods and principles
of the Statement of Recommended Practice for accounting and r¢porting by ch2riti¢s applicable
to ¢harities preparing their accounts in accordance with ih¢ Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102).
have no concerns and h&v¢ ¢ome across no other matters iii connection with th¢ examination to which
attention should b¢ drawn in this report in orderto enable a proper undeTslandingof the accounts to be re&ched.
A Robinson FCA
Ind¢p¢ndent Examiner
Lov¢w¢ll Blake LLP
Chartered accountants
First Floor Suite
2 Hillside Business Park
Bury St Edmunds
IP32 7EA
Date.. 16th September 2025