2023-03-31-accounts - The Bond Board Limited

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					Page
Reference and Administrative Details
Trustees Annual Report (incorporating	the Directors'		report)
Independent Auditors Report					12
Statement of Financial Activities (incorporating		Income and Expenditure		Account)	16
Statement of Financial Position					17
Statement ofCash Flow					18
Notes to the Financial Statements					19

Registered	Registered	Company	Company	Name	Name	The Bond Board Limited	The Bond Board Limited
Registered		Company		Number		The Bond Board is a company			limited		by guarantee, number
(England	&Wales)					02807564 (not having a share			capital).
Registered		Charity Number				The company is a Registered			Charity,		number		1040176	and its
						Memorandum ofArticles		ofAssociation			govern		its functions.
						Every member ofthe company				undertakes		to contribute		to the
						assets ifthe company	is	wound		up while he/she			is a member,		or
						within one year ofceasing to be				a member,		such amount		as may be
						required not exceeding	E1.
Principal	and Registered				Office	The Bond Board Limited
						209-211 Bury Road
						Rochdale
						Lancashire
						OL11 4EE
Trustees						EDraper (Chair)
						S McCarthy
						KEThomas (resigned	17/10/23)
						M Rollinson (appointed	07/09/22)
						A Underdown (appointed		07/09/22)
						TFisher (appointed 22/02/23)
						A BHoward (resigned	30/11/22)
Company		Secretary				A Beeput (Chief Executive)
Accountants						MHA Moore and Smalley		LLP
						Richard House
						Winckley Square
						Preston
						PR1 3HP
Auditors						Barlow Andrews LLP
						78 Chorley New Road
						Bolton
						BL14BY
Senior Statutory			Auditor			A Comes FCA
Bankers						The Co-operative Bank
						19Knowsley Street
						Bolton
						Lancashire
						BL12AS

							As restated
		Note	Unrestricted	Designated	Restricted	Total	Total
			funds	funds	funds	2023	2022
			F		E	F	F
Income from
Donations and legacies			349		500	849	1,167
Charitable activities			120,000		949,012	1,069,012	1,293,205
Other trading activities			116,449			116,449	65,318
Investment income			7,032			7,032	3,331
Other income			7,361		16,769	24,130	11,940
Total income			251,191		966,281	1,217,472	1,374,961
Expenditure on
Charitable activities			333,764		1,017,322	1,351,086	1,032,803
Total expenditure			333,764		1,017,322	1,351,086	1,032,803
Net income /(expenditure)			(82,573)		(51,041)	(133,614)	342,158
Transfers between	funds	18	(18,464)		'I8,464
Net movement in funds			(101,037)		(32,577)	(133,614)	342,158
Funds brought forward		18	190,119	300,000	556,883	1,047,002	704,844
Funds carried forward		18	89,082	300,000	524,306	913,388	1,047,002

								As restated
			Note	Unrestricted	Designated	Restricted	Total	Total
				funds	funds	funds	2023	2022
				F	F	F		F
Fixed Assets
Intangible assets			11	40,134		27,205	67,339	33,161
Tangible assets			12	2,821			2,821	1,369
				42,955		27,205	70,160	34,530
Current assets
Debtors			13	81,848		278,871	360,719	325,118
Cash at bank and	in	hand		(3,695)	300,000	352,312	648,617	789,610
				78,153	300,000	631,183	1,009,336	1,114,728
Creditors: amounts		falling
due within one year			14	(32,026)		(134,082)	(166,108)	(102,256)
Net current assets				46,127	300,000	497,101	843,228	1,012,472
Net assets &funds			18	89,082	300,000	524,306	913,388	1,047,002

					As restated
				2023	2022
Cash flows from operating		activities:
Net income/(expenditure) for		year		(133,614)	342,158
Investment income				(7,032)	(3,331)
Amortisation of intangible fixed assets				9,243	9,589
Depreciation oftangible fixed		assets		1,764	1,032
(Profit)/loss on disposal oftangible fixed assets					(8,580)
(Increase)/decrease in debtors				(35,601)	(109,895)
Increase/(decrease) in creditors				63,852	3,835
Net cash provided by (used		in) operating	activities	(101,388)	234,808
Cash flows from investing	activities:
Income from investments				7,032	3,331
Payments to acquire intangible fixed assets				(43,421)	(4,840)
Payments to acquire tangible		fixed assets		(3,216)
Receipts from sale oftangible		fixed assets			16,137
Net cash flow from investing		activities		(39,605)	14,628
Increase/(decrease) in cash		and cash equivalents		(140,993)	249,436
Cash and cash equivalents		brought forward		789,610	540,174
Cash and cash equivalents		carried forward		648,617	789,610
Cash and cash equivalents		consist of:
Cash at bank and in hand				648,617	789,610
				648,617	789,610

ncome	from	oth	er trading activiti	es
							As	restated
				Unrestricted	Restricted	Total		Total
				funds	funds	2023		2022
				F	F	F		F
Agent	Income	8	Commissions	116,449		116,449		65,318
				116,449		116,449		65,318

ncom	e from	investments
			Unrestricted	Restricted	Total	Total
			funds	funds	2023	2022
						f.
Bank	Interest	Receivable	7,032		7,032	3,331
			7,032		7,032	3,331

Other	income
					As	restated
		Unrestricted	Restricted	Total		Total
		funds	funds	2023		2022
		E
Other	Income	7,361	16,769	24,130		11,940
		7,361	16,769	24,130		11,940

xpenditure on cha	ritable activities
			As restated
		Total	Total
		2023	2022
Direct
Supplies 8 Services Staff training &support Staff Wages Recruitment		324,526 7,534 718,443 7,335	159,829 4,453 603,315 72
Travel 8 Subsistence		17,037	11,443
Legal &professional		12,615	14,263
Telecommunication	&IT	20,012	24,264
		1,107,502	817,639
Support Premises costs		49,385	46,502
General Office costs		3,967	4,641
Admin Staff Wages Telecommunication	&IT	144,225 5,629	126,372 7,298
Legal 8 professional Amortisation/Depreciation		19,907 11,006	3,660 10,621
Auditor Fees		9,000	15,900
Governance		465	170
		243„584	215,164
Totals		1,351,086	1,032,803

Total expe	by type ofcharitable acti	vities
		2023	2022
Charitable activity Access to Housing &Homeless Supporting Tenants to Sustain a Ethical Letting —Trade/Other Improving Property Standards	Protection Tenancy	240,190 607,601 351,194 152,101	308,624 469,744 216,935 37,500
		1,351,086	1,032,803

8	Net income/(expenditure)	for	the year
				2023	2022
	Net income/(expenditure)	is	stated after charging/(crediting):		E
	Operating lease charges			20,613
	Amortisation of intangible	assets		9,243	9,589
	Depreciation oftangible fixed		assets	1,764	1,031
	(Profit)/loss on sale oftangible		fixed assets		(8,580)
	Fees payable to the charity's		auditor:
	Audit ofthe charity's annual accounts			9,000	10,000
	Other services —statutory	accounts			5,900
				9,000	15,900
9	Staff costs
				2023	2022
				f.
	Wages and salaries			770,951	648,738
	Social security costs			62,661	54,297
	Pension costs			29,056	26,652
				862,668	729,687

The ave	rage head count ofemployees during the	year is analysed as follows:
		2023	2022
		No.	No.
Number	ofstaff	28	25

11	Intangible assets
				Website
	Cost
	Brought forward			58,787
	Additions			43,421
	At 31 March 2023			102,208
	Amortisation
	Brought forward			25,626
	Charge for year			9,243
	At 31 March 2023			34,869
	Net book value
	At 31 March 2023			67,339
	At 31 March 2022			33,161
12	Tangible fixed assets
		Fixtures,		Totals
		Furniture	&
		Equipment
	Cost
	Brought forward	33,510		33,510
	Additions	3,216		3,216
	At 31 March 2023	36,726		36,726
	Depreciation
	Brought forward	32,141		32,141
	Charge for year	1,764		1,764
	At 31 March 2023	33,905		33,905
	Net book value
	At 31 March 2023	2,821		2,821
	At 31 March 2022	1,369		1,369

					As
					restated
				2023	2022
					f
Brought	forward				43,275
Amount	released	to	income		(43,275)
Amount	deferred	in	year	20,458
				20,458

unds
	As restated	Income	Expenditure	Transfers	Gains I	Balance at
	Balance at 1				Losses	31 March
	April 2022					2023
			6	E		E
Unrestricted funds	190,119	251,191	(333,764)	(18,464)		89,082
Designated funds	300,000					300,000
	490,119	251,191	(333,764)	(18,464)		389,082
Restricted funds
Greater Manchester Probation Trust	9,200					9,200
Tenancy Advocacy	34,312		(29,357)			4,955
Comic Relief	12,886					12,886
Real Change	251					251
Nationwide Building Society	15,225		(3,350)			11,875
Duchy ofLancaster	2,000	4,000	(2,844)			3,156
Arnold Clark Community Fund (Quids-In Exps)		1,000	(850)			150
Action Together - Sport England - Move More		4,818	(1,637)			31181
Action Together - Winter Food Fund		4,152	(1,914)			2,238
Action Together - Food Transition Grant		300	(300)
Action Together - Winter Warm Packs		499	(333)			166
RBC - Changing Futures	95,252	35,653	(65,503)			65,402
Manchester Guardian Society Charitable Trust		1,000				1,000
Asda - Cost of Living Grant		1,000				1,000
Tesco Community Fund		500	(500)
The Henry Smith Charity	103,300		(36,271)			67,029
Leather sellers (Volunteer Jubilee Fund)		12,500	(12,500)
Housing First		232,884	(251,348)	18,464
Ex Offenders	85,790	27,000	(66,441)			46,349
Early Break		1,702	(1,571)			131
RTOF		156,764	(81,045)			75,719
Rough Sleepers (Capital)	146,997	187,846	(152,101)			182&742
Rough Sleepers (Revenue)		40,333	(40,333)
RBC - Innovation fund- Financial Inclusion		16,953	(14,821)			2,132
RBC - Other		9,569				9,569
RBC - Innovation fund- Quids-In		15,547	(15,547)
RBC - Complex Needs	43,275		(41,841)			1I434
RBC - PRS development	5,000	120,000	(120,000)			5,000
RBC-Adult Care		75,037	(75,037)
RBC - Covid	3,395		(1,878)			1)517
Postcode lottery		17,224				17,224
	556,883	966,281	(1,017,322)	18,464		524,306
	1,047,002	1)2171472	(1,351,086)			913,388

rior year fund	s analys	is —As restated
		Balance at 1	Income	Expenditure		Transfers		Gains I	Balance at
		April 2021						Losses	31 March
			E				f		2022
Unrestricted funds		64,666	302,676	(184,948)		7,725			190,119
Designated funds		300,000							300,000
		364,666	302,676	(184,948)		7,725			490,119
Restricted funds
Greater Manchester Probation Trust		9,200							9,200
Tenancy Advocacy		38,411	74,047		(78,146)				34,312
Comic Relief		22,475			(9,589)				12,886
Real Change		251							251
Nationwide Building Society		15,225							15,225
Big Lottery Fund		27,335			(27,335)
Duchy of Lancaster		2,000							2,000
Fair Housing Futures		60,350			(60,350)
Henry Smith			103,300						103,300
Housing First			210,493	(211,348)			855
Ex Offenders			101,300		(15,510)				85,790
Rough Sleepers (Capital)			172,000		(25,003)				146,997
Rough Sleepers (Revenue)			40,333		(40,333)
RBC —Changing	futures		112,500		(17,248)				95,252
RBC - Complex Needs			88,603		(45,328)				43,275
RBC - PRS development		35,000	71,500	(101,500)					5,000
RBC —Adult care			74,351		(74,351)
RBC - Covid		3,395							3,395
Lloyds Foundation		9,060			(9,060)
National Lottery -	Help	107,007	8,580	(107,007)		(8,580)
Through Crisis
Innovation Fund		10,000	15,278		(25,278)
Lloyds foundation	- Covid	469			(469)
		340,178	1,072,285	(847,855)		(7,725)			556,883
		704,844	1,374,961	(1,032,803)					1,047,002
Net Assets analysed		as:	As restated Unrestricted		As restated Designated			As restated Restricted	As restated Total
				funds		funds		funds	2022
Intangible assets Tangible fixed assets Current assets			20,823 1,369 201,707		300,000			12,338 613,021	33,161 1,369 1,114,728
Current liabilities			(33,780)					(68,476)	(102,256)
			190,119		300,000			556,883	1,047,002

			Land &	Total	Total
			Buildings	2023	2022
Within		one year	30,920	30,920
Within		two to five years	83,946	83,946
Over	5	years
			114,866	114,866

mounts	restated in for th	e comparatives are de	tailed below:
			Unrestricted	Restricted	Total
			funds	funds	2022
				6	6
Total Income			193,176	1,047,809	1,240,985
Charitable	Income analysis restated		93,500	(93,500)
Charitable	income carried back	to 2021		(117,165)	(117,165)
Charitable	Income accrued		16,000	193,300	209,300
Total Income restated			302,676	1,030,444	1,333I120
Total Expenditure			233,013	799,790	1,032,803
Charitable	Expenditure analysis	restated	(48,065)	48,065
Total Expenditure restated			184948	847&855	1,032,803
Funds b/fwd at 1Apdl 2021			218,412	289,267	507,679
Income &	Expenditure restated	in 2021	146,254	50,911	197,165
Funds b/fwd restated at 1 April		2021	364,666	340,178	704,844
Movement	in funds in 2022		(31,257)	239,439	208,182
Charitable	income carried back	to 2021		(117,165)	(117,165)
Income &	Expenditure restated	in 2022	47,210	(47,210)
Charitable	Income analysis restated		93,500	(93,500)
Charitable	Income accrued in 2022		16,000	235,141	251,141
Funds c/fwd restated at 31 March 2022			490,119	556,833	1,047,002
Net Assets	at 31 March 2022				715,861
Income accrued back to 2021					80,000
Reduction	in deferred income				41,841
Increased	in accrued income restated				209,300
Net Assets	at 31 March 2022 as restated				1,047,002