BOHO CHURCH OF IRELAND TRUSTEES, ANNUAL REPORT AND STATEMENT OF RECEIPTS AfiD PAYMENTS AND ASSETS AND LIABILITIES FOR THE YEAR ENDED 31 DECEMBER 2024 CHARITY NUMBER: 105422 HASSARD MCCLEMENTS LIMITED CHARTERED ACCOUNTANTS AND REGISTERED AUDITORS 32 EAST BRIDGE STREET ENNISKILLEN COUNTY FERMANAGH BT74 7BT BOHO CHURCH OF IRELAND ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 CONTENTS References and Administrative Details Trustees, Annual Report Independent Examiners Report to the Trustees Receipts and Paymeiits account Statemcnt of Assets and Liabilities Notes to the Financial Statemcnts BOHO CHURCH OF IRELAND REFERENCES AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 DECEMBER 2024 Charity Name". Boho Church of Ireland Charity Registration Number: 105422 Contact Address: 40 Boho Road Kilmore Springfield County Fernianagh BT74 8AR Trustees Rector Reverend S Ajuka Mr Daniel Redmond (Resigned on 8.04.2024) Mr Austin Stroiige Mrs Melanie Irwin Mrs Enid Redmond Mr Denzil Cluff Mrs Hilary Redmond Mr Trevor Smith Mrs Jean Smith Mr Aaron Irwin (Appointed on 8.04.2024) Principal Office-bearers Clergy: Church Treasurer: Churcli Warden- Clergy: Church Warden- People Glcbc Warden - Clergy: Glebe Wardeii - People: Reverend Sampson Ajuka Mrs Enid Redmond Mr Innes Redmond Mr David Little Mr Trevor Irwin Mrs Eileen Little Independent Examiner Hassard Mcclements Limited 32 East Bridge Street Enniskillen County Fermanagh BT74 7BT Bankers First Trust 2-4 East Bridge Street Enniskillen County Fermanagh BT74 7BT Bank of Ireland 7 Townhall Street Enniskillen County Fennanagh BT74 7BD BOHO PAIUSH CHURCH TRUSTEE'S AfiNUAL REPORT ST FOR THE YEAR ENDED 31 DECEMBER 2024 The Trustees present the annual report and statement of Receipts and Payments and Assets aiid liabilities for Boho Parisli Cliurch for the year ended 31 December 2024. Objectives and Activities The Charitable purpose of the Church of Ireland is the advancement of religion. The principal function of Boho Parisli Church is to support tlic advancement of tlie Cliristian religion by promoting, througli the work of Boho Parish Cliurch tlie whole mission of the Church, pastoral, evangelistic, social and ecumenical. Being open to and engaging with society as a whole and offering support for those needing help are fundamental to the practical delivery of the benefits of Christianity. As a result of activlty in the pursuit of the advancement of the Christian religion, the Boho Parish Church has custody of propeity and of records, materials and artefacts of significance to Ihe cultural and religious herilage and maintenance of which is undertaken by the select vestry of the Bolio Parish Church. Achievements, Performance and Public Benefit 2024 saw the church stay open with a steady congregation throughout the year for people who enjoyed the worship and fellowship in meeting togethcr. We introduced a service to include favorite hymns of our congregation. This proved very popular with everyone and we learned some new hymns and the meaiiing behiiid tliem. We had something to eat afterwards and enjoyed fellowship together. We hope to contiiiue this in the future and the service is open to everyone. The Trustees have put in place policies to protect anyone partaking in church activities and have a child protection policy in place. The Parish has given Careful consideration to the Charity Commission for Northern Ereland guidance on public benefit to ensure that tlie activitics entered iiito during the year have Iielpcd to a¢liieve th¢ parish's objectives and activities, as well as providing public benefit. Financial Review Our total income in the year came to £16,735 (2023: £16,902). On the expenditure side we ended up spending a total of £13,562 (2023. £13,821). Trustee5' Policy on Holding Reserves The Trustees have a policy of holding sufficient unrestricted funds to cover three months overheads. Going Concern The Trustees have reviewed the budgets for the year ahead and are satisfied that there are adequate funds in place to ensure that the parish can continue its activities and the fiiiancial statemeiit for the year ended 31 December 2024 can be signed off as a going concem. Structure, Governance and Management Governing Document and Constitution of the Charity Chapter Ill of the Constitution of the Church of Ireland governs Parishcs and Parochial Orgaiiisation. The Select Vestry members are the Charity Trustccs. Recruitment and Appointment of Select Vestry (Trustees) All members of the Church of Ireland wlio are over the age of 18 and are either resident within the parish or live elsewhere but have been accustomed members of the congregation for at least three months, may register as members of the general vestry of the parish, allowing them to attend and vote at meetings of thc general vesty and to stand for election to the select vestry. Meetings of the general vestry are held at least once a year. The select vestry is elected as part of this general vestry meeting. The select vestry will Iiold their positions for a period of one year. Select vestry members may be re-elected annually and there is no limit on the number of terms wliich may be served. Diocesan Assessment The Diocesan Assessment is £6,978. Organisational Structure The select vesty is responsible for the day-to-day management of the Parish. The select vestry consists of the members of the clergy servicing in the parisli, tlie cliurch wardens, the glebe wardens and generally not more than twelve other members of the general vestry elected at the Easter vestry meeting. The select vestry is cliaired by the incumbent or other members of the clergy officiating in the parish. Select vestry mcinbers are responsible for making decisions on matters of general concern and importance to the parish including deciding how parish funds are to be applied. The select vesty meets at times fixed by members of the dioccsan synod. Special meetings may be convened at any time by the chairperson or the church wardens. In 2024 the select vestry met 3 times during the year and the attendance was 80%. Compliance with Public Benefit Tlie Parish has given careful consideration to the Charity Commission for Northern Ireland's guidance on public benefit to ensure tliat the activities entered into during the year have helped to achieve the Parish's objectives and activities, as well as providing public benefit. Statement of Trustees, Responsibilities The Trustees are responsible for preparing thc Trustees, Report and the statement of receipts and payments and stateinent of assets and liabilities iii accordance with appl icable law and regulations. The laws applicable to charities tn Northern Ireland with income of less tlian £250,000 requires the trustees to prepare a statement of receipts and payments and a statement of assets and liabilities for each financial year. Tlie trustees are responsible for keeping accounting records that are sufficient to show and explain the Parish's transactions aiid disclose with reasonable accuracy at any time the assets and liabilities of the Parish. Tliey are also responsible for safeguarding the assets of the Parish and hence for taking reasonable steps for the prevention and detectton of fraud and other irregularities. Signed on belialf of the Trustees Mrs Hilary Redmond Mrs Enid Redmond Date: l¥ . 4 BOHO CHURCH OF IRELAND INDEPENDENT EXAMINER'S REPORT TO THE CHARITY TRUSTEES OF BOHO CHURCH OF IRELAND We report on the accounts of Boho Church of Ireland for the year ended 31 December 2024, which are set out on pages 6 and 7. Respective responsibilities of charity trustees and examiner As the charity's trustees you are responsible for the preparation of the accounts in accordance with the Charities Act (Northern Irelaiid) 2008. It is our responsibility to.. Examine the accounts under section 65 of the Charities Act Follow the procedures laid down in the Iveneral Directions given by the Commission under section 65(9)(b) of the Charities Act State whether particular matters have come to our attention. Basis of independent examiner's report We have examiiied your cliarity accounts as required under section 65 of the Charities Act and our examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act. Our examination included a review of the accounting records kept by the charity and a comparison of the accounts presented witli those records. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees conceriiing any such matters. Our role is to state whether any material matters havc come to our attention giving us cause to believe: l. That accounting records were not kept in accordancc with section 63 of the Charities Act 2. That the accounts do not accord witli those accounting records 3. That the accounts do not comply with the accounting requirements of the Charities Act 4. That there is further iiiformation needed for a proper understanding of the accounts to be reached. We did not undertake an audit and thcrefore we express no audit opinion. Independent examiner's statement We have completed our examination and have no concerns in respect of the matters ( l ) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northem Ireland, we have found no matters that require drawing to your attention. HASSARD MCCLEMENTS LIMITED CHARTERED ACCOUNTANTS AIYD REGISTERED AUDITORS 32 East Bridge Street ENNISKILLEN County Fermanagh BT74 7BT Date: DO BOHO CHURCH OF IRELAND RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 Unrestricted Restricted Funds Funds 2024 Total 2024 Total 2023 Note 2024 Recei Donations and Plate Collection Proceeds from Fund Raising Events Bank and Deposit Interest Investment Income 9,358 9,358 9,378 800 649 1,624 2,454 3.299 16.735 1,624 2,454 3,299 16,735 2,262 Other Receipts Total Recei ts 16,902 Pa ments Diocesan Costs l Assessment Church Running Costs Glebe Costs Independent Examiner Fee Charitable Donations Bank Charges Preachers Expenses Sundry Total Pa 6,978 4,779 256 6,978 4.779 256 530 8.033 3,681 220 490 530 449 449 135 50 385 521 135 305 135 50 385 13.562 437 ments 13,562 13,821 Excess of Receipts over Payments for the year before transfers Transfers 3,173 3,173 3,081 Excess of Reeeipts over Payments for the year 3,173 3.173 3,08 E On behalf of the Trustees Mrs Hilary Redmond Mrs Enid Redmond Date.. t￿. * , iOt< BOHO CHURCH OF IRELAND STATEMENT OF ASSETS AND LIABILITIES AS AT 31 DECEMBER 2024 Unrestricted Funds 2024 Restricted Funds 2024 Total Total 2024 2023 Cash Funds Current Accounts Deposit Accounts Total Cash Funds 6.444 99,891 106,335 17,912 24,356 99,891 124,247 24,807 96,267 121,074 17,912 Investment Assets Equity Investments Other Listed Investments Investments in RCB I CIT Unit Trusts Other Unlisted Investments Investment Properties Total Investment Assets 23,477 23,477 23,477 23,477 2i.477 23.477 On Behalf of the Trustees Mr5 Hilary Redmond Mrs Enid Redmond Date: t¥. 4 toi BOHO CHURCH OF IRELAND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 l. Accounting policies Set out below are the principal accountino polictes which have been adopted in the compilation of the Receipts and Payments Account and the Statement of Assets and Liabilities. a) Recipts and Payments Account All items of income and expenditure included within the Receipts and Payments Account have been accounted for on a cash receipts basis. b) Statement of Assets and Liabilities i) Assets retained for the Parish's own use The assets of the Partsh, retained for its own use comprise.. Church building and graveyard The Church Building and Graveyard are deemed to be Heritage assets as defined by the Charities SORP (FRS 102). Th¢se Heritage assets are not included in the statement of assets and liabilitie5 as inforniation on the cost or valuation is not available and such information cannot be obtained at a cost commensurate with the benefit to the users of the accounts and to the parish. li) Investments Fixed asset investments comprising of investments in RCB Unit Trusts are recorded at Cost. Investments in unquoted investments are recorded at C05t and are assessed annually for irnpairment. Value at beginning of the year Increase in value during the year Value at the end of the year 83,221 1,543 84,764 2. Reconciliation of Cash Funds Total Cash Funds at Beginning of the year Receipts for the year Payments for the year Total Cash Funds at end of the year 121.074 16,735 (13,562) 124,247 BOHO CHURCH OF IRELAND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR EfqDED 31 DECEMBER 2024 3. Funds of the Parish At Ineoming 01.01.2024 Resources Outgoing Resources At Transfers 31.12.2024 Restricted funds Restoration Fund 17,912 17,912 17,912 17,912 Unrestricted funds General Fund 126,639 126,639 16,735 16,735 (13,562) (13,562) 129,812 129,812 Total funds 144,551 16,735 (13,562) 147.724 Pur oses of Restricted Funds Restoration Fund - This is a Fund to be used for the restoration of the church and orounds 4. Collection for Third Parties No collections were made on behalf of third parties. 5. Transactions with the Trustees The parish paid expenses of £256 relating to the running of the glebe house which is occupied by the rector. Mr Aaron Invin was paid £240 for carrying out electrical work at the church.