BOHO COMMUNITY ASSOCIATION FINANaAL sfATEMENTS FOR YEAR ENDED 31 DECEMBER 2024
Independent examlnerfs report to the trustees of 8oho Communlty Assodatlon We report on the accounts of the Associatlon for the year ended 31 Detember 2024. which are set out on pages 2 to9. fte$pectfve responslbllltles of Management Committee and examlner The Management Committee are responstble for tlE preparation of the accounts. The Management Committee. consrder that an audit is not required for this year and that an independent examinatlon is needed. Ft is our responsibility to: examine the accounts to follow the procedures laid down in Charity SORP IFR51021 to state whether particular matter5 have come to ourattefttion. Basls of Independent examlnerfs report Ouf examination was tarried out In accordance with the guidante issued under The Statement of Recommended Practice- Accounting and Reporting by Charities effertive IM January 2015. An examination includes a review of the accountlng records kepr by the organlsatlon and a comparison of the accounts presented with those records. It also includes consideratlon of any unusual items or disclosures in the accounts, and seeking explanations from the Management Committee concernlng any such matter5. The procedures undertaken do not provide all the evidence that woulLI be required in an audit and consequentty no oprnion is Biven as to whether the accounts present a Irue and fair Vie and the report 15 limited to those matters set out in the statement below. Independent ÈX*nlnerfs statement In connection with our examination, no Matter has come to our attention: 111 which gives us reasonable cause to believe that in any material respect the requirements- to keep arcountinc records to prepare accounts wh5ch accord with the accountlng records and comply wlth Charities SORP IFRS 1021 have nor been met. or 121 to which, in our oplnlon, attention should be drawn In order to enable a proper unflerstandln8 of the accounts to be reached. MacNeary Rasdale & Co Ltd Chartered Accountarlts and 5ta¢utory AuditOfS Welllngton House 30 Darllng St nnlsklllÈn 7EW 15 Aprfl 2025
ho Commun A0£1 ofth¢ trns for ar ended 31 Decemb r 2 24 Statement of tru$tees' respon51b11es & Statement of dlxlosure of fflfofmatlon to reportln8aefountants Statement of tru es, res nsibilitie The trustees are responsible for preparing the Trustee5' Report and the financial statements in accordance wtth applicable law and regulations. SORP'S fequires the truste•s to prepare financial statements for each financial year which glve a true and fair view of the stste of affairs of the charitable 3ss0oation as at balaftce sheet date and of Its incomlh8 resources nd application of resources. including income and expendlture. for the financial year. In preparing tht>se flnancial statements, the trustees are requlred to: Selett suitable accounting pollcles and apply them ¢onslstently: Make judgements and estirnates that are reasonable and prudent; State whother applicable accounting standards have been followed, subject to any material departures disclosed and explained tn the financial statement5. Prepare the flnancial statements on the going concern basys unless It 55 inapproptlate to presume that the company will continue In business. They are also responsible for safeguardin8 the assets of company and hence for takin8 reasonable steps for the prevention and detection of fraud and other re8ularities. Statement nf disclosure informatlon to r rtin accountants So far as each of the trustees in offi at the date of approval of these financlal staternents are aware: There is no relevant accounting Information of which the asscciatlons accountants are unawa, and They have taken all the steps that they Ought to have taken as trustees in order to make themsefves aware of any relevant accounting information and to establish that the a550ciation's accountants are aware of that information. By Order of the Board of Trustees ffy (Tr IS April 2025
Boho ConwnunttyAssodatSon SlalemenfoIF1n•d8}ACf1¥tt I hKludtr¥ InEand E¥pendllure A¢wuMI Fof the Ytèf endEd 31st Iltt•mber1024 Totsi Funds 2024 Fd$ 1024 Fun05 2Q24 Notes Inc(Thln8 Re501xces lh¢tth6 lle50¢$ IrwThWfaIedtsnd$: South Easi Cork 2AOO.IXI J.708.$0 2mO.( 1.708.50 DAERA FODC Grani in¢on- Revenue Expenthlure South West Ay P•rtnership l>an More Imd È¥rn 945.00 945.ts) 187.50 187.so 9.721.68 9.ni.68 f(enowable EneEey Pa¥nnt. Power Nl 227QOS 2.270.08 OL Oonattorts and Gifts 130.thl 130.00 Cornfflunity Centre Aental Irrtome 3.750X 3.7SO.C¢) Danees 1.995.IXI 1,995.fyJ Funeral Mealsl Kitthen Hi 1,402.1)) 1.402.QO In¢0Ml Ao%ourcH frtyThxthr Sour¢es NIE Wayleave 14.25 14.25 Oerrygonndty Credii Union Di%rydel 2.79 Total intornw)8 r•s¢)urces 19.28S.80 4,841th1 24.126. Rer Ewfided Costsof Gn¢rated Fwd¥' osts 0fgeneratI ¥ntsry In¢offl¢ Cosi olth¥ttable actkths Reoatrs and Aenewals 1.575.79 3.417.76 4.993.55 Entortainment Li¢•n¢e 75.00 all insurance 1.22118 945.tsj 2.167.18 24&60 Water R•tes 246.60 ght and Heal OeaMK 2.S99.27 2599.27 490.94 Bank Fees 136.31 136.31 Ernoloyrnentl Volunieer 5nsur#n Daythllbeln8 Posta8e, Statlonery•nd ergadband Genera Experfjes G¢mmanceex•¢nses 221.76 221.76 365.31 75150 1.11&81 810.37 810.37 62.44 62.44 Accountancy Expenses n9. 719.W 8.524.97 5.1141.26 13,639.23 r4et MovemeTrl In fvnd fwthe ¥eap.- Nel galftoty 05 fortht ye¥ 10.760.83 1273.261 10.487.57 Reconciliation of funds Totil of fvnds as at 31 tjetembèr 2023 TOtat•t lunds as ai Ji December1024 45.998.40 56,485.97 rtsowc¢s•xpended derf¥e fr•m contlnukno xtlvSths
CommunltyAssodat Balanc•ShMI For the yrende 31sl Q•¢•mè•r20Z4 un5tÉd Totsl FuTrds unre$•d TotslFun& Total Funds Flxed assets land 599.70 6.599.70 Debiivs L179.IX) Cash at bank4ndlnhanL. .Flrst Trnst C¢ffrent ac¢¢unt01161I66 50.710.63 38.985.95 . Oerry8onnellyCredk UnEoTrShare Attnt -Cashin J6&94 164.15 44.70 124AO SOJ2127 Nel CtwréntAsMts 49.88&27 Npt Ass¢is 5&48SJ7 45998AO 56.18%97 45.99&.40 Approwd and authGrf5ed on behalf pf the trustett On 151h Apr512025 McCaulty{Ch•tyeryohl ITfeas
SorThe Your En d31 I>ocL¥n l. A¢couTrllTrx Polkies (a l 8a%15 01 Pryara The In(la1 statemerfs ha¥e been preparod In accordanoth StateThwi 01llec(¥Thmended Prathk ppli(le to thirli itspreparlng their acccw¢sin£ttordance With the FFNncial Reporiirg5t¥ndard appnoble In theUK and Repu oljroland (FRS 1021 Idf¢d115tJanUry2OlS)-leha1i1IossOkP 2tns1- ICh8flttes SORPIFAS 10211. { b l Fundsstruct Whtse there b • le8•1 restr1 onthepJrpDse to whlcha fund be PUL tk bJnd Is Classified asa re51ridedlnrom•fundwh¢ro ¢he donorhas prtyldedftf the don#tl¢Jn to be spent hi furtherntteofa specified¢h•rTrtabk purposo. Unre5tf¢t¢d income fund8 areapplithle for anypUrpo0flh2 thwfty. I CJ In¢nmlne Resouttes AN incomlnG r•sQui are r0c0enis 0the charlty has eniiilemenl lo the ruour£u ii Is Cel ltrol resourtts wdl be rIed and lhpmonelValue dthelKomiffj resourcos can btvneasuredwlth suffioort rollabilly. Granisofa re¥enuo ftaiuroarècieolthd to Incom• In th• perhd io whlth they ielah. I d l RK•urtes Expended Alloxpefidttweis•cwunied fw ofi an Kwa15 basis and has beEn ¢4551fd underthE h•In85 aggrqgaie all msis retsied io lh¢ c•iegfyy. AN exp•thurts recogilsed once there is a le83lDr ¢èrtStrullv4e obTh8ation and ¢ornmlrtlnilfrt tharKylO the expondilure.
lo theAce(Mmts For The YearEndod 31 Dac•fflber 2024 2. StstUS The a$svation hès thitabl ststus UAder H. M. Re4Énue& Custom5 regisirakn numbEr X01531195. The asseciaiion ts regT'siered with the Ch•rities Cfymmission. re4istrai¢oft niirnb#r NIC103915 3. WsofthcomE FvAts Total Anal olvolunta inttsme Renewable £Trer Payfflént. Pmr Nl 2,270 2.270 OAERA FODC Grant Income-R•Enue &ypendilure 945 South and Easi ttyk Souih Wesi Age Partnersh¥> Oran Farm 9.n2 9.722 11.992 4J41 16333 t5 d irKmin restyJr(e51rom charits Communtly Cenife Ren¢al inctyne Oan¢es & Svneral meal l¢he Hire 3,397 3397 Qonaiions Gifts 130 7.277 NIL 7277 Anal f incopn resthJr¢eslf4m oiher Credii Urrion DividLMd Wa*Oea¥e 14 14 17 IL 17
aohtsc4xnl tIDn 31 bw 2024 4.Afflalysts olresowwexpenyd thirbtsble Total 70ts1 .all dlrect ex Aopairsand miifilename ÉM0%ne011VUDtteTJnSvranCQ Ilall insurn 222 li 1167 1213 Uth¢Jnd heal 2599 99 2.135 Pojtsee, stsilonary& eroadband AcwpJntarKy o¥enses 830 810 729 719 745 491 491 Bank Fees 136 131 Funeial Meats 978 fun Daylwellb*n8 W31ortharges GenEr41ewses 1.117 L117 764 247 247 564 Entertalnnwnt Ilcenc• Refuryshrrent olToile¢s 4140 719 13.639 13,433
Boho Communi latlon Notes the Accounts ForTh Y•ar É ed 31 Oeeemb 4b. Analy515 of resources expensed (restrirted) CharItae expenditure comprises those costs incurred by the charity in the delivery ot Its actmties and services for its beneficiarles. Governance costs include those costs a559ciated with meeting the constitutional and statutory requlrements of the charity, namely accountancy fee5. S. Emoluments of Trustees and Membws of the Central Commlttee No trustee or member received any remvneratlon from the a55ociation during the year (2023:£MU 2024 6. Debtors Other Debtors NIL 1,179 7. Credito. Amounts falling due wlthln one year 2023 Accruals 1,036 1.055 8. Provlslons for Ilablitles and charges There were no provisions made in the current or previous year.
Boho Comrnunl AslatIon esto Accounts For The Year Ended 31 Deeernbtr 9. Total Funds of the Charfty There were no transfers between restricted and unre5trirted fund within year. Total Fund Total Balance of unrestrirted funds at 1st January 2023 38,848 38,848 sUrU$ allocation to general reserves 10,761 10,761 8alan¢e of unrestrfrt•d funds at 3tst Dttembef 2014 49,609 49.609 Balance of restricted funds at 1st January 2023 7.150 7,150 Surplus 315ocation to StrItted resources {273) (2731 8alance of rèstrirted fund5 at 31st Oecember 2024 6,877 6,877 Total funds both restrfcted and unrestrkted at 31st December 2024 56,486 56,486