REGISTERED COMPANY NUMBER: 06874789 (England and Wales)
REGISTERED CHARITY NUMBER: 1129588
Report of the Trustees and
Financial Statements
for the Year Ended 31 March 2024
Bosco Society Ltd
SB&P
Chartered Accountants & Statutory Auditors
Oriel House
2-8 Oriel Road
Bootle
Liverpool
Merseyside
L20 7EP

Bogco Society Ltd
Contents of the Financlal Statements
for the Year Ended 31 March 2024
Page
Report of the Trustees
Report of the Independent Auditors
statement of Financial Activities
Balance Sheet
Cash Flow Statement
10
Notes to the Cash Flow Statement
Notes to the Flnancial Statements
12 to 18

Bosco Society Ltd (Registered number: 06874789)
Report of the Trustees
for the Year Ended 31 March 2024
The trustees who are also dlre¢tors of the charity for the purposes of the Companies Act 2006, present Ihelr report with
the financial statements of the charlty for the year ended 31 March 2024. The trustees have adopted the provlslons of
Accounting and Reportlng by Charitses: Statement of Recommended Practice appllcable to charities preparing their
accounts in accordance with th6 Flnancial Reporting Standard applicable in the UK and Républic of Ireland (FRS 102)
(effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and alms
The objecls of Bosco Soclety Limited Is to provlde soclal houslng Indudlng, temporary supported provislon to the
homeless. In particular, but not restricted to those recovering from drug addiction. alcoholism and mental haalth Issues.
The overall aim Is to help Individuals move towards permanent independent living.
Bosco Soclety Llmlted aims to a¢hieve its objectives through the provlsion of 12 self-contalned flats In the local
communlty. We also manage a house where three resldents can be accommodated with Floallng Support In place.
A further 29 bedspaces are avallable at our 24-hour hostels.
In addition to the support provlded in our social housing provlslon and lo our hostel resldents. we also provide
FloatinglOutr6ach support to refugee families who have been accommodated and settled in the local community as part
of our contract with Sefton Council. All local authoritles are deallng wlth this as part of the UK wlde response to the
humanltarian crlsls In Syri8.
Alm8'.
To provlde good quallty, affordable accommodallon
To provlde a safe home where everyone can feel welcomed. valued and respected.
To deliver structure and stablllty for our clients In order for them to relntegrate into so¢lety.
To provide quality support aim8d at empowerlng resident8 to make choices in all aspects of th81r Ilves.
To enable cllenls lo take control of Ihelr lives by exercislng Ihelr rlghls and responsibilities.
To work In partnershlp with cllenls and olher providers In building thelr ski118 to Itve independently.
To provide educallonal. lelsure, traSning and vocallonal opportunlties for all our clients.
To support all our dlents in managing their Issues with mental health, alcoholism and substance mlsuse.
To as815t cllents to manage their finance8 appropriat81y.
Values:
We embrace Equallty and Dlversity and actlvely promote equallty of opportunÉty for all clientB Irrespective of
race, religlon, sexuality, ethniclty or soclal background.
Bosco Sodety Limlted is committed to worklng in an anti-oppresslve and anti4lscrlmlnatory manner for all Its
cllents.
We are commltted to challenglng discrlmlnalion, racism, oppression and Soclal Injustice.
Bosco Soclety Llmlted is commltled to servlce-user Involvement in all aspects of service d611very.
Publlc benefit
In setting our oblectlves and plannlng our actlvltles the trustees have given careful conslderation to the Charlty
Commission's guidance on publlc benefit.
Page 1

Bosco Society Ltd (Registered number: 06874789)
Report of the Trustees
for the Year Ended 31 March 2024
ACHIEVEMENT AND PERFORMANCE
Charftable activities
There are 12 flals located In the wider local community, wilh 96 % occupancy during 2023-24.
We also manage a three-bedroomed shared house In Seaforth, with 100 % occupancy. The tenants here are supported
by an Outreach worker.
We also have a three-bedroomed house in Bootle whlch Is used for a family who part of the Syrian resettlement
programme.
We have 14 rooms at Bosco House and 15 rooms at Bosco Lodg6, both based In Bootle, Liverpool.
Individuals resldlng at the hostels may move Into one of the flat8 when they fe61 they are ready.
The Emergency Room seprflce Is available for rough sleepers at both facllltles every nlght of th8 y8ar. We now have
three "pods" with private facilitles at the House and I￿0 further at Bosco Lodge. Referrals are made by Sefton Councll
Housing Options Team or the Emergency Duty Team on-call.
Personal support Is provlded on an indlvidual basls wlth practlcal issues such as budgetlng, paylng rent, settlng up
utllity accounts, finding employment and other aspects of managing an Independent Ilfe.
We also work In partner8hlp with many statutory, voluntary and community organisallons to provide clients with a range
of educational opportunities and recreational actlvlties to enhance thelr life skills. Again, this was adversely affected by
the coronavirus pandemlc from March 2020.
Durlng the year to 31 March 2024, we provlded flats for 10 indlvldua15, rooms for 10 Indlvlduals at Bosco House and 27
Indivlduals at Bosco Lodge.
7 Individuals moved from Ihe temporary supported accommodation at B05co House and Bosco Lodge to Ilat6 In the
local community. Thls is when thelrjoumey to Independent Ilving begins.
88 indlvlduals used the Emergency room service over the year.
Our hostel8 are located at:
Bosco House, s￿81 Merton Road, Bootle, Merseyslde L20 7AP
Bosco Lodge, 153 Stanley Road, Bootle, Merseyside L20 3QG
FINANCIAL REVIEW
Financial position
The charity Is reportlng a surplus of £94,063 for the year to 31 March 2024 (2023.. £115,864). The addttlon to general
reserves strengthens the charity's financial position, ensuring slabillty for growth and development.
As at 31 March 2024 tolal general funds of £1,643,916 (2023: £1,549,853) Whe￿ held, The charlty holds no re8tricted
fvnds.
Re8errfes pollcy
The truslees have consldered the need to maintaln an approprlate level of free reserves for the charity.
The reseNes policy has been developed at best to retaln at least 3 months runnlng cost5. Excluding funcllonallcapital
assets of £1.141,503. the charity has access to "free" reseNes of £502,413,. This amount meets the requirement of the
reseNes policy and all¢)ws adequate ftexibility of worklng capital should there be a delay in cash In-flows compared to
cash out-flows.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Govemlng document
The Charity is controlled by its governlng document, a deod of tru8t, and constitutes a limiled company, Ilmlted by
guarantee, as defined by the Cornpanies Act 2006.
Recruitment and appointment of new trustees
As set out in the Artl¢les of Assoclatlon the trustees are elected by members of the Charitable company attendlng the
Annual General Meeting. The longest serving thlrd of the trustees r8tlre each year and are able to offer themselves for
re-election.
Page 2

Bosco Society Ltd (Reglstsred number: 06874789)
Report of the Trustees
for the Year Ended 31 March 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Organisational structure
The board of trustees consists of at least 3 but not more than 8 members. The board nonnally meets monthly. A Chief
Executive is appointed by the trustees to manage the day to day operations of the charity. To facilitate effective
operations the Chief Executive has delegated authority. within the temis of delegation approved by the trustees. for
operational matters including finance, ernployment, and Se￿iCe dellvery activity.
Induction and training of new trustees
New trustees undergo an orientation day to brief them on: their legal obligations under charity and company law" the
Charity Commission guidan￿ on public benefit: the content of the Memorandum & Articles of Association: the
committee & decision Ma￿ng process,. and the business plan & financial perfomiance of the charity. During the
indudion process they meet key employees and other trustees. Trustees are encouraged to attend appropriate extemal
training events where these will faolitate the undertaking of their role.
Related parties
Under the charities Memorandum and Articles of Association twsteo5 may be engaged by the remaining trustees to
provide goods or services lo Ihe charity provided the goods or ServI￿S are actually required by the charity, the nature
and level of benefft is no more than reasonable in relation to the value of the goods and services. No more than on8
third of trustees may have an interest in such a contract in any financial year. The trustee concerned does not form part
of the quorum for that section of the trustees meeting in which th8 contract is discussed andlor agreed, and must be
absent from the room and have no vote in the matter. All such related party transactions in the year are disclosed in the
financial statements.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
06874789 (England and Wales)
Registered Charity number
1129588
Registered office
59-61 Merton Road
Bootle
Merseyside
L20 7AP
Trustees
J M De La Cruz Rodriguez
T A Lees (resigned 17.5.23)
Mrs M Doyle
Mrs B Whttrow (appoint6d 4.9.23)
N G Davies (appointed 4.9.23)
Company Secretary
Ms L Boylan
Auditors
SB&P
Chartered Accountants & Statutory Auditors
Oriel House
2-8 Oriel Road
Bootle
verpool
Merseyside
L20 7EP
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The trustees (who are also the directors of Bosco Society Ltd for the purposes of company law) are responsible for
preparing the Report of the Trustees and the financial statements in accordance with applicable law end Unlted
Kingdom Accounting Standard5 (United Kingdom Generally Accepted A¢wunting Practice).
Page 3

Bosco Soclety Ltd (Registered numbèr: 06874789)
Report of the Trustees
for the Year Ended 31 March 2024
STATEMENT OF TRUSTEES, RESPONSIBILITIES - continued
Company law requires the trustees to prepare financial statements for each financial year which give a true and falr
view of the state of affairs of Ihe charitable company and of the incotning resources and application of reSoU￿s.
Including the income and expenditure, of the charitable company for that period. In preparing Ihose financial
statements. the trustees are required to
select suitable accounting policies and then apply them consistently-
observe the methods and principles in the Charity SORP:
make judgements and estimates ttjat are reasonable and prudent:
prepare the financial statements on the going cOn￿M basis unless it is inappropriate to presume that the charitable
company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any
time the financial position of the charitable company and to enable them to ensure that the financial statements comply
wilh the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable cornpany and
hen￿ for taking reasonable steps for the prevention and detection of fraud and other irregularities.
In so far as the trustees are aware:
there is no relevant audit information of which the charitable company's auditors are unaware. and
the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit
information and to establish that the auditors are aware of that infomiation.
Approved by
he board oftrustees on ................... .......
and signed on its behalf by..
JMDeLa
guez- Trustee
Page 4

Report of the Independent Audltors to the Members of
Bosco Society Ltd
Opinion
We have audited the financial statements of Bosco Society Ltd (the 'charitable company,) for the year ended
31 March 2024 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and
notes to the financial statements, including a summary of signtficant accounting policies. The financial reporting
framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards
(United Kingdom Generally Accepted Accounting Practi￿).
In our opinion the financial statements..
give a true and fair view of the state of the charitable company's affairs as at 31 March 2024 and of its incoming
resources and application of resources, including its income and expenditure, for the year then ended,.
have been properly prepared in accordan￿ with United Kingdom Generally AC￿pted Accounting Practi￿. and
have been prepared in accordance with the requirements of the Cornpanies Act 2006.
Basis for opinion
We conducted our audit in accordan￿ with International Standards on Auditing (UK) (ISAS (UK)) and applicable law.
Our responsibilities under those standards are further described in the Auditors, responsibiltbes for the audit of the
rinancial statements section of our report. We are independent of the charitable company in accordan￿ with the
ethical requirements that are relevant to our audit of the financial statements in the UK, induding the FRC'S Ethical
standard. and we have futfilled our other elhical responsibilities in accordance with these requirements. We believe
that the audtt eviden￿ we have obtained is sufficient and appropriate to provide a basi5 for our opinion.
Conclusions relating to going concern
In auditing the financial 8talements, we have concluded that the trustees. use of the going concern basis of accounting
in the preparation of Ihe financial statements is appropriate.
Based on Ihe work we have performed, we have not identified any material uncertainties relatlng to events or conditions
that. indwidually or Colleclively, may cast significant doubt on the charttable company's ability to continue as a going
concem for a period of at least twelve months from when the financial statements are aulhorised for issue.
Our responsibilities and the responsibiltlies of the trustees with respect to going concern are described in Ihe relevant
sections of this report.
other informatlon
The trustees are responsible for the other information. The other informalion comprlses the information included in the
Annual Report, other than the financlal stslements and our Report of the Independent Auditors thereon.
Our opinion on the financial statements does not cover the other Infomiatlon and, except to the extent othe￿ise
expllcltly stated in our report. we do not express any form of assuran￿ conclusion thereon.
In connection wtth our audit of the financlal statements, our responsibilEty Is to read the other information and, in doing
so, consider whether the other information is materially inconsistent with the financial statements or our knowledge
obtained in the audit or otherwise appears to be materially mlsstated. If we identify such material inconslstencies or
apparent malerial misstatements, we are required to determine whether this gives rise to a material misslalement in the
financial statements themselves. If, based on the work we have performed, we conclude that there is a material
misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course ofthe audit..
the information gtven in the Report of the Trustees for the financial year for which the financial statements a
prepared is consistent with the financial slatements-, and
the Report of the Trustees has been prepared in accordance wtth applicable legal requirements.
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of
the audit. we have not identified rnaterial misstatements in the Report of the Trustees.
We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to
you rf. in our opinion:
adequale accounting records have not been kept or returns adequate for our audit have not been recelved from
branches not visited by us., or
the financial statements are not in agreernent wtth the accounting record5 and returns. or
certain disclosures of trustees. remuneration specified by law are nol made: or
we have not received all the information and explanations we require for our audit- or
the trustees were not entttled to take advantage of the small companies exemption from the requirement to prepare
a Stralegic Report or in preparing th8 Report of the Trustees.
Page 5

Report of the Independent Auditors to the Members of
Bosco Society Ltd
Responsibilities of trustees
As explained more fully in the Statement of Trustees, Responsibilities. the trustees (who are also Ihe directors of Ihe
charitable company for the purposes of company law) are responsible for the preparation of the financial statements
and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is
necessary to enable the preparation of financial statements that are free from material misstatement, whelher due to
fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to
continue as a going concern. disdosing, as applicable, matters related to going con￿rn and using the going concern
basis of accounting unless Ihe trustees either intend to liquidate Ihe charttable cornpany or to cease operations. or have
no realistic altemative but io do so.
Our responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from
material misstatement, whether due to fraud or error. and to issue a Report of the Independent Auditors that indude5
our opinion. Reasonable assurance is a high level of assurance. but is not a guarantee that an audit conducted in
accordan￿ with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from
fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to
influence the economic decisions of users taken on the basis of these financial statements.
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
Irregularltles, including fraud, are Instsn￿$ of non-compliance wlth laws and regulations. We design procedures in line
with our responsibilities, outlined above. to detect material misstatements in respect of irregularities, including fraud.
The extent to whlch our procedures are capable of detecting irregularities, induding fraud Is detailed below:
The objectives of our audit are to identify and assess the risks of material misstatement of tho financial ststements due
to fraud or e￿Or. to obtaln sufficient appropriate audit evldence regarding the assessed risks of materlal misstatement
due to fraud or error. and to r6spond appropriately to those risks.
Owing to the inherent limitatlons of an audit. there is an unavoldable risk that material misslatements in the financial
statements may not be detected. even though the audit is properly planned and performéd In accordance with the ISA5
(UK).
In identifying and assessing risk of material misstatement in respect of irregularities, including fraud and
non-compliance with laws and regulations, our prO￿d￿reS included the following:
We obtained an understandln9 of the legal and regulatory frameworks applicable to the charitable company, and the
sector in which it operates. We determined that the followlng laws and regulations were most significant: the
Companies Act 2006. Charity Act 2011. UK employment laws, UK health and safety regulations and Housing Act 2004..
We obtained an understanding of how the charity is complying wlth those legal and regulatory frameworks by making
enquiries of managernent, reviewing the board meeting minutes. reviewing the charity's accldent book, reviewing the
schedule of any ongoing and potential claims against the charity.
We assessed the susceptibility of the charity's financial statements to materiality misstatement, including how fraud
might occur. Audit procedures performed by the audil engagement team included:
identifying the controls that management has in place to prevent and detect fraud.,
challenging assumptions and judgements made by management in its significant accounting estimates-
auditing the risk of management override of controls, including through testing journal entries and other
adjustments for appropriateness, and evaluating the business rationale of significant transactions outside the
normal course of business.,
assessing the extent of Complian￿ with the relevant laws and regulations.
A further description of our responsibililies for the audit of the financial statements is located on the Financial Reporting
Council's website at ￿.frc.0rg.Uklaudlt0rsreSponSlb]lItle5. This description fomis part of our Report of the
Independent Audttors.
Page 6

Report of the Independent Auditors to the Members of
Bosco Soclety Ltd
Use of our report
This report is made solely to the charitable company's members, as a body, In accordance wlth Chapter 3 of Part 16 of
the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable companvs
members those matter5 we are required to stste to them in an auditors, report and for no other purpose. To the fullest
extent permitted by law, we do not accept or assutne responsibility to anyone other than the charitable company and
the charitable CoMpan￿S members as a body, for our audit work, for this report, or for the opinions we have formed.
Suzanne Draper FCCA ACA (Senior Statutory Auditor)
for and on behalf of SB&P
.Chartered Accountants & Statutory Auditors
Oriel House
2-8 Oriel Road
Bootle
Liverpool
Merseyside
L20 7EP
Date: ..........
! | .10.. l.L
Page 7

Bosco Soclety Ltd
Statement of Financlal Activities
for the Year Ended 31 PJIarch 2024
31.3.24
Total
funds
31.3.23
Total
fvnds
Unrestrlcted
funds
Restricted
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
2,037
2,037
1,385
Charitable activities
Independenl living for supported recovery
1,030,790
1,030,790
980.024
Investment income
Other income
4.418
4418
677
21,621
Total
1.037.245
1.037,245
1,003,707
EXPENDITURE ON
Charitable activities
Independent Irving for supported rewvery
943,182
943,182
887,843
NET INCOME
94,063
94,063
115,864
RECONCILIATION OF FUNDS
Total funds brought foNard
1,549,853
1,549,853
1,433,989
TOTAL FUNI)S CARRIED FORWARD
1,643,916
1,643,916
1,549,853
The notes form part of these financial statements
Page 8

Bosco Society Ltd (Reglstered number: 06874789)
Balance Sheet
31 March 2024
31.3.24
Total
funds
31.3.23
Total
funds
Unrestrl￿ed
funds
Restricted
funds
Notes
FIXED ASSETS
Tangible assets
10
1,141.503
1.141,503
1,121.917
CURRENT ASSErs
Debtors
Cash at bank and in hand
35,239
853,221
35,239
853,221
24.679
804.423
888,460
888,460
829.102
CREDITORS
Amounts falling due within one year
12
(290,553)
(290,553)
(294.001)
NET CURRENT ASs￿s
597,907
597,907
535,101
TOTAL ASSEfs LESS CURRENT LIABIUTIES
1,739,410
1,739,410
1,857.018
CREDITORS
Amounts falling due after more than one year
13
(95,494)
(95,494)
(107,165)
NET ASSETS
1,eA3,916
1,643,916
1,549,853
FUNDS
Unrestricted funds
17
1,643,916
1.549.853
TOTAL FUNDS
1,643.916
1.549,853
These financial statements have been prepared in accordan￿ with the provlslons applicable to charitable companlas
subject to the Small companies regime.
fina
tatements were approved by the Board of Trustees and authorfsed for issue
and were slgned on its behalf by..
on
JMDe
odriguez - Trustee
The notes fomi part of these financial statements
Page 9

Bosco Soclety Ltd
Cash Flow Ststement
for the Year Ended 31 March 2024
31.3.24
31.3.23
Notes
Cash flows from operatlng activities
Cash generated from operations
Irrterest paid
98,690
(4,363)
366,295
(4.560)
Net cash provided by operating activities
94.327
361.735
Cash flows from investing activities
Purchase of tangible fixed assets
Interest received
(40,1121
4,418
(1.696)
677
Net cash used in investing aclivities
(35,694)
(1.019)
Cash flows from flnancing activitles
Loan repayments in year
(9,835)
(8,979)
Net cash used in finandng actlvities
(9,835)
{8,979)
Change in cash and cash equlvalents in
the reporting perfod
Cash and cash equlvalents at the
beglnning of the reporting period
48,798
351,737
804,423
452,686
Cash and cash equivalents at the end of
the reporting period
853,221
804,423
The notes form part of these financlal statements
Page 10

Bosco Society Ltd
Notes to the Cash Flow Statement
for the Year Ended 31 March 2024
RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
31.3.24
31.3.23
Net income for the reporting period (as per the Statement of Financial
Activities)
Adjustments for:
Depreciation charges
Loss on disposal of fixed assets
Interest received
Interest paid
Increase in debtors
(Decrease)fincrease in creditors
94.063
115,864
13,171
7.354
(4.418)
4,363
{10,560)
(5,283)
14,436
1,751
(677)
4,560
{12,018)
242,379
Net cash provlded by operations
98.690
366.295
ANALYSIS OF CHANGES IN NET FUNDS
At 1.4.23
Cash flow
At 31.3.24
Net cash
Cash at bank and In hand
804,423
48,798
853,221
804,423
48,798
853,221
Debt
Debts falling due within 1 year
Debts falling due after 1 year
(9,336
1107,165)
(369)
11,671
(9.705)
(95,494)
(116.501}
11,302
(105.199)
Total
687,922
60,100
748,022
The notss form part of th888 financlal statements
Page 11

Bosco Society Ltd
Notes to the Flnancial Statements
for the Year Ended 31 March 2024
ACCOUNTING POLICIES
Basls of preparing the financlal statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been
prepared in accordan￿ with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities.. Statement
of Recommended Praclice applicable to charities preparing Iheir accounts in accordan￿ with the Financial
Reporting Standard applicable in Ihe UK and Republic of Ireland (FRS 102) (effective 1 January 2019),.
Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of
Ireland, and the Companies Act 2006. The financial statements have been prepared under the historical cost
convention.
Changes in accounting policies
Freehold property, previously recognised at historical cost will be recognised at market value following a full
formal valuation. The trustees considered a market valuation represented a far more reliable and relevant
valuation basis.
Income
All income is recognised in the Statement of Financial Activities once the charily has entitlement to the fvnd5, it
is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognlsed as expenditure as soon as there is a legal or wnstruclive obligation commltting the
tharity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and
the amount of the obligatlon can be measured rellably. Expenditure is accounted for on an accruals basis and
has been dasslfied under headings that aggregate all Cost related to the category. Where costs cannot be
directly attribuled to particular headings they have been allocated to actlvitles on a basis consistent with the use
of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over Its estimated useful
life.
Ftxtures and fittings
Computer equipment
20V/o on reducing balan
200fi on reducing balance
Fixed Assets
Recognised at hlstoric cost and depreciated over their expected useful life.
Freehold propèrties
Followlng a change in accounting policy, freehold properties will now be recognised at market value.
Depreciation will be charged where it is considered market value falls below estimated residual value.
Revaluation reviews will be carried out with sufficient regularity to ensure the carying value and residual values
remain valid and correctly stated.
Taxation
The charily is exempt from corporation tsx on ils charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions
arise when specified by Ihe donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is inGluded in the notes to the financial statements.
Hire purchase and leaslng commitments
Rentals paid under operating leases are charged to the Statement of Financial Activltles on a straight line basis
over the period of the lease.
Page 12
contlnued...

Bosco Society Ltd
Notes to the Financial Statemerrts - continued
for the Year Ended 31 March 2024
ACCOUNTING POLICIES - continued
Penslon costs and other post-retirement benefits
The charttable company operates a defined conlribution pension scheme. Contributions payable to the
charitable companys pension scheme are charged to the Statement of Financial Actrvities in the period to which
they relate.
DONATIONS AND LEGACIES
31.3.24
31.3.23
Donations
Grants
387
1.650
1,385
2,037
1,385
Grants received. induded in the above. are as follows:
31.3.24
31.3.23
Awarded by Sefton CVS for Bosoc to do some drug use research
1,650
INVESTMENT INCOME
31.3.24
31.3.23
Deposit account interest
4,418
677
INCOME FROM CHARITABLE ACTIVITIES
31.3.24
31.3.23
Activrty
Independent living for supported recovery
Independent living for supported re¢overy
Independent living for supported recovery
Rents ￿CeIVable
Houslng support
Syrian resettlement
Rough sleeper & crash bed
income
LA reimbursement of Syrian
propety refijrbishment
742,675
246,389
9,086
864.077
251.862
27,000
Independent Ilving for supported recovery
32.640
23.380
Independent living for supported recovery
13,705
1.030.790
980,024
Grants re￿ived, induded in the above. are as follows..
31.3.24
31.3.23
Page 13
continued...

Bosco Society Ltd
Notes to the Financial Statsments - contlnued
for the Year Ended 31 March 2024
CHARITABLE ACTIVITIES COSTS
Direct
Costs
Independent living for supported
recovery
943,182
NET INCOMEI(EXPENDITURE)
Net incomel(expenditure) is stated afler chargingl(crediting)'.
31.3.24
31.3.23
Depreciation - owned assets
Hire of plant and machinery
Other operating leases
Deficit on disposal of fixed assets
13,172
3,199
97,150
7,354
14,438
3,488
96,562
1,751
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustee5' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended
31 March 2023.
Trustses, expenses
There were no trustees, expenses paid for the year ended 31 March 2024 nor for the year ended
31 March 2023.
STAFF COSTS
31.3.24
31.3.23
Wages and salarles
Social security costs
Other pension costs
567,039
44,719
9,398
526,603
42,486
8.289
621,156
577,378
The average monthly number of employees during the year was as follows:
31.3.24
24
31.3.23
23
Charitable activity staff
No employees received emoluments in eX￿sS of £60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
Restricted
funds
Totsl
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
1.385
1,385
Charitable activities
Independent liwng for supported recovery
980,024
980.024
Investment income
Other income
677
21.621
677
21,621
Total
1.003.707
1,003,707
Page 14
continued...

Bosco Society Ltd
Notes to the Flnancial Statements - contlnued
for the Year Ended 31 March 2024
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
funds
Restricted
funds
Total
funds
EXPENDITURE ON
Charitable activities
Independent living for supported recovery
887,843
887.843
NET INCOME
115.864
115.864
RECONCILIATION OF FUNDS
Total funds brought forward
1,433.989
1.433.989
TOTAL FUNDS CARRIED FORWARD
1.549,853
1,549,853
10.
TANGIBLE FIXED ASSETS
Fixtures
and
fittings
Freehold
property
Computer
equlpment
Totals
COST OR VALUATION
At 1 April 2023
Additions
Disposals
1,065.918
104,993
40,112
{28,478)
9,368
1,180,279
40,112
(28,478)
At 31 March 2024
1,065,918
116,627
9,368
1,191,913
DEPRECIATION
At 1 April 2023
Charge for year
Eliminated on disposal
52.366
12,498
(21,1241
5,996
674
58,362
13,172
{21,124)
At 31 March 2024
43,740
6,670
50,410
NET BOOK VALUE
At 31 March 2024
1,065,918
72,887
2,698
1,141,503
At 31 March 2023
1,065.918
52,627
3,372
1.121,917
Cost or valuation at 31 March 2024 is represented by:
Fixtures
and
fittings
Freehold
property
Computer
equipment
Totals
Valuation in 2021
Valuation in 2022
Valuation in 2023
Valuation in 2024
1,084,967
{19,049)
1,084,967
100,296
(4,984)
11,634
109.977
(4.984)
11.634
9,368
1,065,918
116.627
9,368
1,191,913
Page 15
Continued...

Bosco Society Ltd
Notes to the Financlal Ststements - continued
for the Year Ended 31 Mar¢h 2024
11.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24
31.3.23
Rent debtors
Other debtors
Prepayments and accrued income
30.909
19,806
1,402
3.471
4,330
35.239
24,679
12.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24
31.3.23
Bank loans and overdrafts (see note 14)
Trade creditors
Social security and other taxes
Pension
Other creditors
Housing benefit overpayment
Accruals and deferred income
9,705
476
10,937
1,711
193.490
6.598
67,636
9,336
2,785
11,238
1,645
195,400
73,597
290,553
294,001
13.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.24
31.3.23
Bank loans (see note 14)
95,494
107,165
14.
LOANS
An analysis of the maturlty of loans is given below..
31.3.24
31.3.23
Amounts falling due within one year on demand..
Bank loans
9.705
9,336
Amounts falllng between one and two years:
Bank loans- 1-2 years
10,090
9,705
Amounts falling due between two and fNe years:
Bank loans- 2-5 years
32.730
31,483
Amounts falling due in more than five years:
Repayable by instalments:
Bank loans more 5 yr by instal
52.674
65.977
Page 16
continued...

Bosco Soclety Ltd
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
15.
LEASING AGREEMENTS
Minimum lease payments under non-cancellable operating leases fall due as follows:
31.3.24
31.3.23
Within one year
Between one and five years
78,000
91.000
78.000
169.000
169,000
247.000
16.
SECURED DEBTS
The following secured debts are included within creditors..
31.3.24
31.3.23
Bank loans
105,199
116.501
The bank loan Is secured by a fixed charge over th8 property known as 59161 Merton Road.
17.
MOVEPJIENT IN FUNDS
Net
movement
in fvnds
At
31.3.24
At 1.4.23
Unrestricted funds
G&neral fund
1,549,853
94,063
1,643,916
TOTAL FUNDS
1.549,853
94,063
1,643,916
Net movement in funds, includad In the above are as follows:
Incoming
resources
Resourcés
expended
Movement
in funds
Unrestricted funds
General fund
1,037,245
{943.182)
94.063
TOTAL FUNDS
1,037,245
{943,182)
94,063
Comparatives for movement in funds
Net
movement
in funds
At
31.3.23
At 1.4.22
Unrestricted funds
General fund
1,433,989
115,864
1.549,853
TOTAL FUNDS
1,433,989
115,864
1.549,853
Page 17
continued...

Bosco Society Ltd
Notes to the Flnancial Statsments - continued
for the Year Ended 31 March 2024
17.
MOVEMENT IN FUNDS - continued
Comparattve net movement in funds, Inc]uded in the above are as follows:
Incoming
resour
Resources
expended
Movement
in fvnds
Unrestricted funds
General fund
1.003,707
(887.843)
115.864
TOTAL FUNDS
1,003,707
(887,843)
115,864
18.
RELATED PARTY DISCLOSURES
There were no related paty transaclions for the year ended 31 March 2024.
Page 18