## **Trustees' Annual Report for the period** Period start date Period end date 01 March 2025 28 February 2026 **To** **From** ## Section A Reference and administration details **Charity name** Boston Municipal Non-Educational Charities (a CIO) **Other names charity is known by** Boston Municipal Charities **Registered charity number (if any)** 1171896 **Charity's principal address** 28 Wide Bargate Boston Lincolnshire **Postcode PE21 6RT** **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8
9
10
11
12|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Patricia Ruth Street|||| ||Ernest Albert
Napier|||| ||Andrew Bakewell|||| ||John Brogden|||| ||Father David
Stephenson|Rector of Boston||| ||Sarah Sharpe|||Boston Borough Council| ||Stephen Woodliffe|||Boston Borough Council| ||Shaun Forster|||| ||Colin Brotherton|||Boston Borough Council| ||Barrie Pierpoint|Mayor of Boston|May2025 onwards|| ||Rev SallyClifton|||| ||Emma Cresswell||May2025 onwards|Boston Borough Council| **Names of the trustees for the charity, if any, (for example, any custodian trustees)** **Name Dates acted if not for whole year** March **2012** **TAR** 1 ## **Names and addresses of advisers (Optional information)** |**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**| |---|---|---| |**Type of adviser**
**Name**
**Address**||| |**Legal**|Chattertons Legal
Services Limited|28 Wide Bargate, Boston, Lincolnshire PE21 6RT| |**Financial/Investment**|Chattertons Wealth
Management Limited|5 South Street, Horncastle, Lincolnshire LN9 6DS| |**Accountancy**|Dexter & Sharpe|The Old Vicarage Church Close Boston Lincolnshire PE21
6NA| |||| |**Name of chief executive or names of senior staff members (Optional information)**||| |||| **Section B Structure, governance and management** **Description of the charity’s trusts** - Charity Commission Foundation Model CIO Constitution - Type of governing document (eg. trust deed, constitution) Charitable Incorporated Organisation - How the charity is constituted (eg. trust, association, company) Five initial Trustees on creation of CIO. - Trustee selection methods Not less than 2 nor more than 4 Trustees to be appointed by Boston - (eg. appointed by, elected by) Borough Council. 2 Trustees ex-officio – the Mayor of Boston and the Priest in Charge of St Botolph’s Church Boston 2- 6 Trustees nominated by other Trustees Maximum number of Trustees therefore 12 ## **Additional governance issues (Optional information)** This is the ninth full year of this relatively newly formed Charity, which You **may choose** to include replaced a number of ancient local charities in a single CIO. additional information, where relevant, about: - Day to day administration of the Charity is done by Mrs Katherine Bunting - • policies and procedures of Chattertons Legal Services Limited who is the Clerk to the Charity (and adopted for the induction and a Solicitor). training of trustees; - The Trustees meet in person three times a year at roughly four monthly - • the charity’s organisational intervals. structure and any wider network with which the charity works; - relationship with any related parties; - trustees’ consideration of major risks and the system and procedures to manage them. March **2012** **TAR** 2 ## **Section C Objectives and activities** The Charity is divided into three sections as result of the history of the charities it has replaced/merged with on formation. The Objects of the three sections are as follows: **Summary of the objects of the charity set out in its governing document** 1. The prevention or relief of poverty in the Borough of Boston Lincolnshire by providing: grants, items and services to individuals in need and/or charities, or other organisations working to prevent or relieve poverty. 2. To advance Christian religion for the benefit of the public in the Borough of Boston Lincolnshire by supporting with grants the activities and Mission of all Christian Churches in that area. 3. To preserve and protect the health of patients and the public in the Borough of Boston Lincolnshire by providing and assisting in the provision of facilities, support services and equipment not normally provided by the statutory authorities. In administering the Charity the Trustees declare that they have had regard to the guidance issued by the Charity Commission on public benefit. During its eighth year of operation the Charity made or agreed to make several grant payments as follows: A grant of £15,000 to the RoadHoG Bus Youth Project which operates a mobile youth centre/church in a former bus in the town of Boston and surrounding villages for ongoing running costs, paid quarterly in advance. **Summary of the main activities undertaken for the** Ongoing instalments of a grant of £25,000 over three years from **public benefit in relation to** September 2025 to Kirton Methodist Church towards the cost of its **these objects (include within** employment of a family worker to be paid as to £3000 initially in **this section the statutory** September 2025 and then eleven further quarterly payments of £2000 so **declaration that trustees have** £5000 paid in this financial year. **had regard to the guidance issued by the Charity** A grant of £5,000 to Zion Methodist Church, Boston towards the cost of **Commission on public** its employment of a neighbourhood worker. **benefit)** A grant of £12,000 a year to the Music Director of St Botolph's Church, Boston towards the various musical and other activities in the church and much wider community, including four choirs. The grant is to be reviewed annually and paid quarterly in advance. Payments totalling £1,200 to four local relief in need organisations and £300 to two medical charities. Most income has been spent in the current year or is ear marked for this future spending, any unspent or unallocated income has continued to be accumulated to be used in making grants in future years. March **2012** **TAR** 3 ## **Additional details of objectives and activities (Optional information)** Policy on Grant Making _The organisation will look to make grants to churches to enable them to deliver their programme of promoting Christianity throughout the Borough whether this is by way of making grants towards capital projects or towards income projects. Grants will be made towards projects that can be demonstrated to promote all aspects of the Christian religion. It is intended that the minimum grant would be £500 and the maximum grant will depend on the income of the organisation. The organisation would intend to monitor the impact of the grants it makes by asking for follow up reports from those to whom grants were made. The precise requirements of the follow-up reports and the timetable would depend on the type and amount of grant made, the nature of the project involved etc._ Contribution made by volunteers _There are no volunteers involved with the Charity, other than the_ You **may choose** to include _Trustees themselves._ further statements, where relevant, about: • policy on grantmaking; - policy programme related investment; - contribution made by volunteers. Section D Achievements and performance March **2012** **TAR** 4 ## Section D Achievements and performance **Summary of the main achievements of the charity during the year** The total income for the year was £51,362.28. The bulk of the income of the Charity (£49,777.90) is reserved for the advancement of religion section of the Charity. After payment of professional fees for the ongoing management of the CIO, totalling £7,158.00 paid in the year, bank charges of £11.90 and the grants of £38,500.00 referred to above, a further £5,700 approximately of income has been retained and carried forward to be paid out in grants in subsequent years, and added to past accumulated income of which £1,531 is for the Relief in Need section, £328 for the medical section and the balance (£28,832) for the Religion section. March **2012** **TAR** 5 ## **Section E Financial review** ## **Brief statement of the charity’s policy on reserves** **Brief statement of the** The Charity does not intend to maintain anything more than a nominal **charity’s policy on reserves** level of reserves going forward, provided sufficient suitable grant applications are received to allow the full amount of income generated to be paid out in future years. Based on the number of applications received in recent years it appears there will be plenty of demand for the Charity’s funds. If this turns out not to be the case the Charity may consider widening its objectives to allow it to assist other worthwhile Christian Charities in Boston which do not currently fall within the Charity's precise Objects. **Details of any funds materially** None **in deficit** ## **Further financial review details (Optional information)** - Principal sources of funds - You **may choose** to include additional information, where _All funds have been transferred from the previous unincorporated_ - relevant about: _charities which the Charity has replaced, which in turn derive from_ - • the charity’s principal _ancient charities established in the 16[th] and 17[th] centuries. The bulk arise_ sources of funds (including _from the sale of land and the benefit of overage agreements on that land_ any fundraising); _over 10 years ago. The sums generated have been invested in a variety_ - • how expenditure has _of funds in the specialist charitable investment market on the advice of Chattertons Wealth Management Limited._ - supported the key objectives of the charity; _There is no fundraising._ - • investment policy and objectives including any Policy on Investment ethical investment policy adopted. _The general investment policy is to balance generation of income to enable the Charity to fulfil its objectives whilst ensuring long term maintenance of the real capital value of the investments so that the real value of the income generated by the investments keeps pace with inflation allowing the charity to continue to operate, hopefully in perpetuity. The Charity has considered but decided not to adopt any particular ethical investment policy. Since 2023 the Trustees advised by Chattertons Wealth Management Limited have entered into a discretionary managed fund approach with Evelyn Partners and an Investments Subcommittee was set up to manage and review this on a regular basis._ ## **Section F Other optional information** March **2012** **TAR** 6 None N ## **Section G Declaration** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s) Full name(s)** Katherine Louise Bunting **Position (eg Secretary, Chair,** Clerk **etc) Date** 20/07/2026 March **2012** **TAR** 7 THE BOSTON MUNICIPAL NON-EDUCATIONAL CHARITIES CHARITY NUMBER: 1171896 FINANCIAL STATEMENTS FOR THE YEAR EINDED 28 FEBRUARY 2026 THE BOSTON MUNICIPAL h'ON-EDUCATIONAL CHARITIES CHARITY NUMBER: 1171896 FOR THE YEAR ENDED 28 FEBRUARY 2026 CONTEIYTS PAGE IndepetKient Examiner's Report Receipts and Payments Account Statements of Ass￿$ and Liabiliti¢5 Schedule of Personal Estate INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE BOSTON MUNICIPAL NON-EDUCATIONAL CHARITIES CHARITABLE INCORPORATED ORGANISATION (Ithe CIO,) CHARITY NUMBER: 1171896 I rcport ￿ ihc charity tyust¢¢s on my cxamination of th¢ accounis of the CIO for the ycar cnded 28 February 2026. Responsibilitie5 and b￿1$ of rwort As thc charity trustees of the CIO you are ￿s￿)nSIble for the preparation of tho accounts in a¢cordan¢¢ wilh the requirem¢nls of the Charities Act 2011 ('the Act,). I report in respect of my examination of ihe CIO'S accounts carried out uTrJer seciion 145 of the Aci. In carrying out my ¢xamination I have followedall applicable Direction5 given by thecharity Commission under Section 145(5) (b) of th¢ 2011 Act. Indepe•deDt examiner'5 StatemeDt I havc completed my examination. l eonfimi ihat no material matt(fs have come lo my attention in connection wilh the examinaiion giving me cause lo bcli¢ve that in any material Tespect.. l. Accounting records were wt kept LS required by section 130 of the Act" OT 2. The accounts do noi accord with thos¢ T￿ordS. I have no concerns and have across other mallets in connection with ihc examin&iion to which all￿tiOn should be drawn in this report in order io enable a proper utMlcr5tsnding of the accounis io b¢ reached. MRS NICOLA MICHELLE LENTON FCCA Independent Examlner Dexter & Shxrpt Chartered Certified Account*nts The Old Vie*r*ge Boston Llncoln5hlre rE216NA Date: 6 July 2026 Page I THE BosfoN MUNICIPAL NON-EDUCATIONAL CHARITIES CHARITY NiiMBER: 1171896 RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 28 FEBRUARY 2026 Rellef IA Nttd Tolal 2026 Toial RellgioD Medical 2025 Recelpt5 Naiwest Bonk PLC- Interest 253.23 253.23 211.90 Evelyn Inv¢Mmcnt Portfolio lJ77.73 49524.67 306.65 51,109.05 50.577.91 TOTAL RECEIPTS 1277.73 49,777.90 306.65 51J62.28 50,789.81 Payments Roadho8 Bus Project Grdnt Accountancy charges Churchwardens of Boston Fishtoft, Skirbcck and Benington Butterfly Hospice Trust ULHT Charithble Funds Zion Methodist Church Parish of Boston Musical Director's Fund Kirton Methodist Church Chattertons Fees Bank Charges Centenary MethTrJist Church 15,000.00 1.158.00 15.MO.00 13.000.(M) 1,158.00 1,050. 1.200.00 1,200.00 150.00 150.00 S,ODO.00 i.(MJo.00 125.00 125.00 150.00 Iso.00 11000.00 5,{M)0.￿) 6,iKIO.00 12,0011.110 12,0(M).00 5,000.IM 6,000.(M) 10.200.00 11.90 2.10 15,(M)O.00 TOTAL PAYMENTS 1.200.00 44.169.90 31KI.00 45.669.90 52,502.10 N¢1 r¢¢eipts for the ycar Balance broughi forward 77.73 5.608.IJO 1,453.64 21J65.14 5,692.38 (1,712.29) 23,140.04 24.852.33 32126 BALANCE CARRIED FORWARD 1531J7 26,973.14 327.91 28,832.42 23,140.04 ALL FUNDS ARE RESTRI￿ED Page 2 THE Bo￿ON MUNICIPAL NON-EDUCATIONAL CHARITIES CHARITY NUMBER: 1171896 STATEMEIYT OF ASSETS AND LIABILITIES AT 28 FEBRUARY 2026 2026 2025 B4nk Balance Natwest PLC Reli¢f in Nced 1531J7 1.453.64 Religion 2&973.14 21.365.14 Medical 327.91 321.26 2&832.42 23.140.IM Personal Estate (Page 5} lJ46W.00 1,346.500.(K) lJ75J32.42 1,369.640.04 Commltted future payments- Rellgion Accountsncy charges Lincs Youth Mission St Botolphs Music Fund Chattertons Fees Kirton Methodist Church Wyberton St Leodegar s ChildrenlYouthlF8milies worker grdnt 1372.00 15,000.00 12,ODO.00 8,100.00 20.000.00 lo.0￿.00 66J72.1)0 Trustecs Dar¢: 6 July 2026 kA)fWU r*. Page 3 THE BosfoN MI UIYICIPAL NON-EDUCATIONAL CHARITIES CHARITY NUMBER: 1171896 SCHEDULE OF PERSONAL EgfATE 28 FEBRUARY 2026 2026 2025 Evelyn Investments Portfolio Cost at l March 2025 Additions ia465￿.0 0.00 1,346.500.00 C051 at 28 February 2026 lJ46S00.00 1,346.500.1X) Market of Investments AlloeAtioD of Fumds Rclief in need 23J27.110 23,327.txi Religion l J17323.1)0 1,317,523.(K) M¢di¢al S650.(M) 5.650.00 IJ46,￿.00 1.346,500.00 Page 4