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← Back On The Map Limited

2024-03-31-accounts

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BACK ON THE MAP LIMITED SELENEDD

Company Number: 05212073 Charity Number: 1138833

REPORT AND GROUP AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 SaEDS MARCH 2024

Prepared by:

,

Osbourne Sandy & Co Chartered Accountants 10 Grange Terrace Sunderland

ADMINISTRATIVE INFORMATION

CharityNumber: 1138833
CompanyNumber: 5212073
Registered Office: 67 Toward Road
Hendon
Sunderland
SR2 8JG
Trustees: JulieDawn Gray
James Pace
Edward Moore
Keri Bethell
: Bina (Mamotas) Begum
a Kevin Rooney
Jemma Brunniche
Philip Gordon Ewing
Charlotte Hannah Fox
Peter Harrison
Helen Raymond
Auditors: Osbourne Sandy& & Co.
Chartered Accountants
10 Grange Terrace
Sunderland
SR2 7DF
Bankers: The Co-op Bank Plc
5/6 Fawcett Street
Sunderland
SRI IRF
1

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Back on the Map Limited
(A company limited by Guarantee) Company Registration number 05212073
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INTRODUCTION FROM THE CHAIR

The Charity has gone from strength to strength in the last 12 months, the dedication of our staff | and volunteers has delivered an unprecedented performance and expanded our reach, directly contributing to the delivery of our mission ‘making Hendon a place of opportunity to live, work and thrive’ As we reflect on another successful year, | am proud to provide the introduction to this year's annual report for Back on the Map Charity.

Our three strategic objectives guide our work; ensuring our services are mission driven as we continue to respond responsively to local needs throughout the economic and fuel crisis. Our strategic objectives are;

A Better Place A Stronger Community and A Local Voice

Last year we embarked on an ambitious plan of rebuilding community foundations through investment in the local High Street to create a vibrant place where people can thrive. We are now looking forward to the second year of our ambitious 5 year plan which directly responds to local needs and resident priorities. We are enormously proud of the consistent impact we have been able to have on Hendon, and as we take a moment to reflect on this years good work - it’s been heartwarming to hear the many Stories from local residents, businesses and stakeholders of the difference our work has made to their lives and the community.

Having achieved significant growth since our inception in 2011, Back on the Mag is now regarded at a national level as a leader in the fields of community activism, development and community led housing provision. We have built on this reputation to reach into new opportunities. One of which was securing Community Ownership Funds for our local high street, this capital grant will bring a substantial blockof derelict retail units back into use. We can not overlook the tremendous contribution of our volunteers and the role they play in extending our reach and impact. The organisation became an accredited Living Wage Employer and received Investors in Volunteers accreditation, recognising our commitment to our staff and volunteers.

Our Board of Trustees were highly commended in the NE Charity Awards 2023 as Board of the Year, demonstrating our strong governance arrangement and commitment from our Trustees and Directors. We must also give huge and heartfelt thanks on behalf of the community to our funders who enable our work to deliver for the people of Hendon.

Julie D Gray

Chairperson, Back on the Map Limited

2,

Trustees Annual Report for the year ended 31% March 2024 Thefor the Trusteesyear endedhave pleasure31% Marchin2024. presenting their report and the financial statements of the charity REFERENCE AND ADMINISTRATION DETAILS Reference and administrative details are shown in the schedule of members of the Board and professional advisors on page 1 of the financial statements. THE TRUSTEES Julie Dawn Gray - (Chairperson from December 2017, re-appointed as Chairperson 07.03.2024) Kevin Rooney - Treasurer (re-appointed as Treasurer 07.03.2024) Laura Calvert (resigned 09.11.2023) James Pace Edward Moore Keri Bethell Pam Todd (resigned 09.11.2023) Bina (Mamotas) Begum Phillio Ewing (appointed 07.03.2024) Charlotte Fox (appointed 07.03.2024) Peter Harrison (appointed 09.11.2023) Jemma Brunniche (appointed 07.03.2024) Helen Raymond (appointed 07.03.2024)

STRUCTURE, GOVERNANCE AND MANAGEMENT Back on the Map was established as a Company limited by Guarantee on 23° August 2004 (No. 05212073). On 5 November 2010 the company obtained charitable status, upon which it became registered with the Charity Commission (No 1138833). The organisation is governed by a Board of Trustees who set the policies and strategy of the Charity.

NATURE OF GOVERNING DOCUMENT The company was established under a Memorandum of Association which sets the objects and powers of the Charity. The.company is governed by its Articles of Association and Trustees (who are also directors for the purpose of company law) were recruited in accordance with the terms of the Articles of Association.

ORGANISATIONAL STRUCTURE OF THE CHARITY The Board employs 12 full-time and 10 part time members of staff. The leadership team has 3 full time staff members, 2 full time and 1 part time managers, 7 full time and 9 part time delivery stoff. The organisation is a registered Charity with a trading arm, known as Back on the Map Enterprises Ltd. Back on the Map Enterprises was established as a wholly-owned Company on 24 September 2010 and this is registered at Companies House (No. 7387041). Ona monthly and annual basis the trading company gifts an amount to the Charity and, currently, that is one of the main sources of income for the Charity.

RECRUITMENT AND APPOINTMENT OF TRUSTEES

Charity Trustees are appointed by a majority vote of the Board at a general Board meeting that has a quorum present. Newly appointed Trustees are provided with Induction Training to ensure they are familiar with the Vision, Strategic Objectives, policies and operational activities of the Charity. Those holding elected officer posts of Chairperson and Treasurer stood down at the general meeting on 9th March in accordance with the Charity's Memorandum and Articles. Nominations were invited from Trustees, Julie Gray was duly re-elected on 7th March 2024. A Nomination was received and seconded for Kevin Rooney to act as Treasurer. Edward Moore continued to act as Charity Representative on Back on the Map Enterprises Board. ALTERATIONS TO Back on the Map Ltd ARTICLES OF ASSOCIATION Following a detailed review and Special Resolution by the Board of Trustees on the 9th March 2023, the Articles of Association were amended. The changes were acknowledged and accepted by the Charities Commission on the 15th March 2023 and Companies House on the 16th March. The amendments made were on appointment and retirement of trustees and the notice needed to call meetings. No other changes have been made since. ALTERATIONS TO Back on the Map Enterprises ARTICLES OF ASSOCIATION Following a detailed review and Special Resolution by the Board of Trustees on the 1éth February, the Articles of Association were amended. The changes were acknowledged and accepted by Companies House on the 22nd February 2023, The amendments made were on the tenure of directors to align it with Back on the Map Ltd and quorum for meetings. No amendments have been made since,

OBJECTIVES AND ACTIVITIES

The Purpose of the Charity Back on the Map’s objectives are to benefit the public by promoting and facilitating social, and economic regeneration in the area of Hendon, Sunderland. This is achieved by creating a community where local people can live, work and thrive. Improving the quality of life through the promotion of community ownership and local benefit. These objectives are inclusive, sustainable, accessible, open and honest whilst encouraging best practice, value for money, and making optimum use of partnership working. The detailed objectives specified in the Articles of Association include the relief of unemployment, the advancement of education, provision of housing and the improvement of housing, provision of recreational facilities, protection or conservation of the environment, provision of public health facilities, promotion of public safety and prevention of crime and such other means as may be from time to time determined by the trustees at their discretion.

MAIN ACTIVITIES

Trustees established and the staff team delivered services against our mission and strategic objectives of creating; A Stronger Community, A Better Place and a Local Voice. These objectives provide clear and demonstrable public benefit, are the driving force behind all our work and are clearly reflected in our Theory of Change model and our Strategic Plans. Overachieving the targets set out in our 2022/23 Celebrations strategy we've built a strong foundation for an ambitious 5 year strategy. The plan, ‘Social and Economic Change for Hendon 2023/28’ will seek to build infrastructure through capital investment on the high street whilst developing a people focused programme of social change for young people aged 14-30. The increasing and deep rooted poverty along with declining living standards and a lack of investment in facilities for young people locally has left our young people behind, disadvantaged by postcode and unable to reach their potential. We need an ambitious place to stem the tide of this decline and reach out to our young people fostering pride in place for this generation and those for years to come. Back on the Map is now regarded by its national, regional and local peers as an exemplar in community activism, develooment and community led housing provision. The last two years have seen over 3000 people benefit from our services with specific projects targeting the Over 65s, those in recovery, those experiencing crisis and/or food, fuel and digital poverty and those often excluded because of discrimination. We are now actively delivering our five year plan - one that is ambitious for the community, responds to stakeholder consultation, and is directly focussed on positive impacts on People and Place.

Back on the Map is committed to using our own time and resources delivering on activities to improve the state of the high street, creating opportunities for younger people and improve the health of local people.. By identifying Villette Road nationally as a Community Improvement District we have raised the profile and have a national spotlight on the area, this is accelerating the momentum, raising the profile of the area and our work enabled us to leverage essential funds from the Community Ownershio Fund, to make long term social and economic change. Creating shops, services and spaces people need on their highstreet that are resident led and appeal to the next generation will create a lasting legacy and succession for not just Back on the Map but the whole of Hendon. It has the potential to alleviate the cost of living pressures on households’ budgets through schemes and incentives with local traders using a Buy Hendon First model.

We have piloted a Youth Empowerment Strategy in response to a lack of opportunities for young people. This plan works to address negative perceptions of the area and raise aspirations, creating the next generation of community leaders. Our learning could support policy development and replication of the model in areas facing similar issues. Not only will national and local governments further understand the power of community activism in regeneration, investors will become aware of business cases and options such as ours, and be able to participate in new and revolutionary models to support community leadership to revitalise local high streets and youth led regeneration.

We will explore using our local trust with residents and our strong local infrastructure to scope a ‘Health Hub for Hendon’. Hubs can act as a powerful prevention tool by improving knowledge, engagement, self-esteem, and confidence. This can enable communities to make informed decisions about their health and adopt positive health-seeking behaviours. Alongside health and social benefits derived from better connections and support, health hubs also positively contribute to the local economy by increasing footfall for local businesses. This will positively contribute to the work Back on the Map has done with their nationally recognised Highstreet Revolution programme on Villette Road,

The following paragraphs outline;

TARGETS FOR 2023/24

ACHIEVEMENTS AND PERFORMANCE DURING 2023/24 Progress against the objectives set for 2023/24 is set out below and these clearly demonstrate that the Charity is achieving its aims of providing public benefit to the Hendon community;

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FINANCIAL REVIEW

Maintained Rental income - Despite challenging economic times we were able to maintain a good rental Income from our asset portfolio. Generating £593,090 of rental income in 2023/24. Grant Income - We are indebted to Power to Change, Virgin Money Foundation, The Community Foundation Serving Tyne & Wear and Northumberland, The Rank Foundation, Greggs Foundation, Foundation of Light, Sir James Knott, RANK Foundation, Independent Age, National Lottery Awards for All England, The Charity of Sir Richard Whittington, The Joicey Trust and Sunderland City Council for grants of £329,423 that enabled us to deliver a vast range of support services and to reduce the impact of the economic and cost of living crisis on local residents. Sale of Assets - Trustees also agreed, based on a strong commercial rationale and RICS valuations, to dispose of an underperforming property that did not generate a yield in keeping with our asset portfolio but at no less than market value. Trading Income - The charity's wholly-owned trading subsidiary, BotM Enterprises, continued to trade efficiently; generating a surplus of £183,997 of which £140,000 was gifted to the Charity in year to support it's revenue requirements, plus £247,460 toward salaries. Trustees are very pleased with the ongoing success of the venture, particularly during a very difficult period.

Financial Position - The Company has total funds of £5,492,708 including £160,000 designated Long Term Renewals funds (Capital Reserves) and £250,000 Revenue Reserves which Trustees believe should be set aside for essential operating costs in the event of a sudden change in income. In addition the majority of the remaining of unrestricted reserves is allocated to expenditure toward the cost of delivering a wide range of community services and strategic house/property purchases. The Company also has restricted ‘funds’ of £4,190,057 (Investment Properties) which underpin the success of the charity and its ability to meet its financial sustainability imperatives as well as charitable objectives. Further information can be found at Note 14 of the accounts. Cashflow at the year end is positive and ensures the charity can continue as a going concern. The Trustee Board is satisfied with the trading and operations in the year and are confident of the Charity’'s ability to deliver its plans in the coming year.

PLANS FORFUTURE PERIODS

As set out in our 2023-2028 Strategy ‘Social and Economic Growth for Hendon’ The following priorities have been set for the strategy period;

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Goal 4: Address a lack of Youth Opportunities

Goal 5: Contribute to addressing Health Equalities

SIGNIFICANCE OF VOLUNTEERS

Back on the Map prides itself on being resident-led and locally accountable and this is the golden thread in our governance arrangements, strategic leadership and day-to-day operations. The Charity is led by a strong board of volunteer Trustees, the majority of whom are Hendon residents, who each bring a unique set of skills, local knowledge and lived experience to steer and lead the organisation to meet its charitable objectives. In addition our team of volunteers play a vital role in maintaining and co-designing the Charity’s community services at Carnegie Community Corner and The Workshop. This growing ‘army’ of local people contribute to the day-to-day running of the Centres and the activities by delivering social opportunities. That includes managing our Community Library services, carrying out front-of-house and reception functions as well as steering the development of services through the Volunteer Committee; enabling us to achieve our ‘Stronger Community’ and ‘Influencing Role for Residents’ objectives. All of this work contributed and is evidenced by our successful award of Investors in Volunteer accreditation. INTERNAL CONTROLS AND RISK MANAGEMENT Systems and procedures have been put in place to identify, monitor and manage any risks that BotM faces. The Risk Register and Risk Management Plan approved by the DCLG as part of the Succession Strategy have been updated and are utilised by both Charity and Enterprises boards. These continue to provide useful tools to measure whether risks have increased, decreased, been recognised in advance and managed over the past twelve months. Those controls have now been augmented by the Financial Management & Controls Policy and Procedures, as well as the Business Risk Register. Those Plans proved to be robust and we have taken steps to ensure our core services are sustained, even in these unprecedented times. We will work on those and bolster our own resilience in the coming years to ensure we can continue to ‘be here’ for the people of Hendon.

RESERVES POLICY

The Charity currently maintains a small amount of free reserves, sufficient to meet our working capital requirements and long term commitments. The Charity board agreed the 2023/24 Reserves Policy to accrue approximately 3 months of operational costs in reserve and, for capital reserves, to continue to accrue sums equivalent to 10% net rental income per annum for Long Term Renewals associated with the Back on the Map’s housing and commercial property portfolio.

ASSET VALUATION

The charity always considers the fair value of all its investments on a regular basis and at all of its board meetings. The investment return and fair value are always considered together to maximise the benefit to the charities objectives. The year ended 31st March 2022 had its quinquennial external valuation which supported the in house valuations of the senior housing management team. The board fully accepted the valuations and recognised a significant loss which was as anticipated. There was significant work done up to and including until the point of agproval by the board.

The work performed by the senior management team and a local agent for the year ended 3ist March 2024 was on the same basis, discussed and agreed. This indicated that there were no changes to the fair value of its investments. To ensure this opinion was supported we obtained further external valuation confirmation that our investments are stated at fair value. Therefore the board considers no adjustments are required to fair value.

PUBLIC BENEFIT

The Trustees have complied with the duty in S4 of the Charities Act 2006 to have regard to the public benefit guidance published by the Charity Commission. This is reflected both in the objectives and achievements for 2023/24 and in the objectives outlined for 2024/25.

RESPONSIBILITY OF THE TRUSTEES

All Trustees receive a formal Induction on taking up their place on the Charity or Enterprises Boards and comprehensive written reports and management accounts are provided to all Board members a week in advance of each board meeting. These contain full details of progress against Back on the Map's operational objectives, financial data with analyses as well as the organisation's wider strategic position. It is the duty of Trustees and Directors to ask pertinent questions and to seek clarification on any matter, ensure they act with due diligence and make decisions with all necessary information at all times. The Chief Executive has ensured that comprehensive reports have been, and will continue to be, provided to enable the Trustees/Directors to carry out their roles effectively. Where there is any doubt, it is the duty of each member to seek clarification.

TRUSTEES RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS

The trustees (who are also the directors of Back on the Map Limited for the purposes of company law) are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of‘affairs of the charity’s company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

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 which enable them to ensure that the financial statements comply with the Companies Act 2006. The trustees are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

AUDITOR

Subsequent to a transparent procurement process, the Trustees duly appointed Osborne, Sandy & Co as the Charity auditors at their meeting on 9 November 2023 for the next two years. They have indicated their willingness to act on the Charity’s behalf.

SMALL COMPANIES PROVISION

This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006.

Approved by the Board of Trustees on 15* August 2024 and signed on behalf of the Trustees by

J D Gray, Chairperson and Trustee

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INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS AND TRUSTEES OF BACK ON THE —S EEE EME SEEN TO TEE MEMBERS AND TRUSTEES OF BACK ON THE MAP LIMITED

Opinion

We have audited the financial statements of Back on the Map Limited (the ‘parent charitable company’) and its subsidiaries (the 'group') for the year ended 31st March 2024 which comprise the consolidated and parent company statement of Financial Activity, the consolidated and parent company balance sheets, the consolidated and parent company cash flow statements and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

° give a true and fair view of the state of the group and parent charitiable company affairs as at 31st March 2024, and of the group and parent charitable company's incoming resources and application of resources, including its income and expenditure, for the year then ended;

e have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

e have been prepared in accordance with the requirements of the Companies Act 2006 and the Charities Act 2011.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the group and parent charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group’s or parent charitable company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

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INDEPENDENT AUDITOR’S REPORT TO THE TRUSTEES OF BACK ON THE MAP LIMITED CC on tinuedtinued OOOO o—_awuweCOTacroua

Other information

The other information comprises the information included in the trustees annual report , other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility 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 course of the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement 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.

Opinion on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

° the information given in the trustees’ report (incorporating the directors’ report) for the financial year for which the financial statements are prepared is consistent with the financial statements; and ° the directors’ report has been prepared in accordance with applicable legal requirements.

we are required to report by exception

Matters on which

In the light of the knowledge and understanding of the group and parent charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the directors’ report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 and the Charities Act 2011 requires us to report to you if, in our opinion:

e adequate accounting records have not been kept by the parent charitable company, or returns adequate for our audit have not been received from branches not visited by us; or

° the parent charitable company’s financial statements are not in agreement with the accounting records and returns; or ° certain disclosures of directors’ remuneration specified by law are not made; or ° we have not received all the information and explanations we require for our audit. [; or ° the trustees were not entitled to prepare the financial statements in accordance with the small companies’ regime and take advantage of the small companies’ exemptions in preparing the directors’ report and from the requirement to prepare a strategic report.

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INDEPENDENT AUDITOR’S REPORT TO THE TRUSTEES OF BACK ON THE MAP

LIMITED Continued

Responsibilities of trustees

As explained more fully in the trustees’ responsibilities statement set out on page 9, the trustees (who are also the directors of the parent 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, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the groups and parent charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the group or parent charitable company or to cease operations, or have no realistic alternative but to do so.

Auditors responsibilities for the audit of financial statements We have been appointed auditor under the Companies Act 2006 and section 151 of the Charities Act 2011 and report in accordance with those Acts.

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 an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance 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.

Irregularities, including fraud, are instances of non-compliance with 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 which our procedures are capable of detecting irregularities, including fraud is detailed below:

Our approach was as follows:

We obtained an understanding of the legal and regulatory frameworks that are applicable to the entity from our general commercial and sector experience and from previous audits of the client.

We assessed the risk of material misstatement in respect of fraud by obtaining an understanding of the charity and its subsidiary's activities, business processes and accounting systems and assessing the susceptibility to fraud.

We corroborated our enquiries through discussions with trustees and other members of management, review of minutes of trustees’ meetings. We determined that the most significant laws and regulations which have a direct impact on the determination of material amounts and disclosures in the financial statements are the Companies Act 2006, the charity law and accounting standards. These comprise FRS 102 and the Charities SORP.

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INDEPENDENT AUDITOR’S REPORT TO THE TRUSTEES OF BACK ON THE MAP LIMITED Continued

The following are significant because non-compliance would have a material effect on the financial statements - charity law, the company's charitable trust, employment law, health and safety and tenancy law.

Based on the results of our risk assessment we designed our audit procedures to identify non-compliance with such laws and regulations identified above.

Based on the results of our risk assessment we designed our audit procedures to identify and to address material misstatements in relation to fraud.

We considered the risk of fraud through management override, and in response, we incorporated testing of manual journal entries into our audit approach.

The engagement partner ensured that the engagement team collectively had the approriate competence, capabilities and skills to identify or recognise non-compliance with laws and regulations.

Fraud risk factors were discussed during the audit team briefing and professional scepticism exercised throughout the audit.

Because of the inherent limitations of an audit there is a risk that we will not detect all misstatements due to irregularities, including fraud.

The more removed the laws and regulations are from the financial transactions, the less likely it is that we would become aware of non-compliance.

Material misstatments that arise due to fraud can be harder to detect that those that arise from error as they may involve deliberate concealment, forgery, omission, misrepresentation and collusion.

Audit standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiries of management and inspection of regulatory and legal correspondence, if any, in the absence of identified or suspected non-compliance.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https://www.fre.org.uk/Our-Work/Audit/Audit-and-assurance/Standards-and-guidance/Standardsand-guidance-for-auditors/Auditors-responsibilities-for-audit/Description-of-auditors-responsibilities-foraudit.aspx. This description forms part of our auditor’s report.

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INDEPENDENT AUDITOR’S REPORT TO THE TRUSTEES OF BACK ON THE MAP LIMITED Continued

Use of our report

This report is made solely to the charitable company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company’s trustees those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s trustees for our audit work, for this report, or for the opinions we have formed.

O.E. Sandy FCA (Senior Statutory Auditor) Osbourne Sandy & Co (Statutory Auditor) 10 Grange Terrace

Sunderland

SR2 7DF

19th August 2024

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BACK ON THE MAP LIMITED

CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES INCORPORATING THE

INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31ST MARCH 2024

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||||||||| |---|---|---|---|---|---|---|---| |Total|Total| |Note|Restricted|Unrestricted|2024|2023| |INCOME FROM|£|£|£|£| |Fund|Raising|3|-|593,090|593,090|549,889| |Charitable|Activities|4|570,905|95,405|666,310|337,348| |TOTAL|570,905|688,495|1,259,400|887,237| |EXPENDITURE|ON| |Raising|Funds|6|-|408,778|408,778|397,148| |Charitable|Activities|6|398,616|163,265|561,881|482,971| |TOTAL|:|398,616|572,043|970,659|880,119| |NET INCOME (EXPENDITURE)|BEFORE| |INVESTMENT|GAINS AND|(LOSSES)|172,289|116,452|288,741|7,118| |OTHER GAINS AND|(LOSSES)|-|-|-|-| |NET MOVEMENT|IN FUNDS|172,289|116,452|288,741|7,118| |Reconciliation|of Funds:| |Total|Funds|Brought|Forward|4,311,933|1,092,034|5,403,967|5,396,849| |Total|Funds|Carried Forward|4,484,222|1,208,486|5,692,708|5,403,967|

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BACK ON THE MAP LIMITED

CHARITABLE COMPANY STATEMENT OF FINANCIAL ACTIVITIES

(INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT)

FOR THE YEAR ENDED 31ST MARCH 2024

(Continued)

Total Total
Note Restricted Unrestricted 2024 2023
INCOMEFROM £ £ £ +
Charitable Activities 4 570,905 92,230 663,135 337,348
Investments 3 - 140,000 140,000 147,921
TOTAL 570,905 232,230 803,135 485,269
EXPENDITURE ON
Charitable Activities 5 398,616 159,775 558,391 480,175
TOTAL 398,616 159,775 558,391 480,175
NETINCOME (EXPENDITURE) BEFORE
INVESTMENT GAINSAND (LOSSES) 172,289 72,455 244,744 5,094
OTHERGAINS AND (LOSSES) - - - -
NETMOVEMENTINFUNDS 172,289 72,455 244,744 5,094
Reconciliation ofFunds:
Total Funds BroughtForward 4,311,933 995,576 5,307,509 5,302,415
TotalFundsCarriedForward 4,484,222 1,068,031 $5,552,253 5,307,509

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BACK ON THE MAP LIMITED Company Number: 05212073

BALANCE SHEET AT 31ST MARCH 2024

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|||||||||||| |---|---|---|---|---|---|---|---|---|---|---| |Group|Charitable|Company| |Note|2024|2023|2024|2023| |FIXED ASSETS|£|&|£|£| |Tangible|Assets|9|302,003|131,122|302,003|131,122| |Investments|10|5,090,440|4,970,500|5,090,450|4,970,510| |5,392,443|5,101,622|5,392,453|5,101,632| |CURRENT|ASSETS| |Debtors|11|143,930|292,836|183,798|350,841| |Cash|at|bank|and|in|hand|701,829|485,651|491,528|294,610| |845,759|778,487|675,326|645,451| |CURRENT|LIABILITIES| |Amounts|falling|due|within|one|year|12|(144,429)|(134,670)|(114,461)|(98,102)| |NET|CURRENT ASSETS|(LIABILITIES)|701,330|643,817|560,865|547,349| |TOTAL|ASSETS|LESS|CURRENT| |LIABILITIES|6,093,773|5,745,439|5,953,318|5,648,981| |CREDITORS| |Amounts|falling|due|after|more|than| |one year|1B|(401,065)|(341,472)|(401,065)|(341,472)| |NET ASSETS|5,692,708|5,403,967|5,552,253|5,307,509| |THE|FUNDS|OF|THE|CHARITY| |Unrestricted|Funds|13|1,208,486|1,092,034|1,068,031|995,576| |Restricted|Income|Funds|14|4,484,222|4,311,933|4,484,222|4,311,933| |TOTAL FUNDS|5,692,708|5,403,967|S.552,253|5,307,509|

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These accounts are prepared in accordance with the special provisions of part 15 of the Companies Act relating to small companies.

The financial statements were approved by the Trustees and were authorised for issue on 15th August 2024 and are signed on their behalf by:

J.D, Gray - Trustee

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STATEMENTS OF CASH FLOWS AND CONSOLIDATED STATEMENT OF

CASH FLOWS FOR THE YEAR ENDED 31ST MARCH 2024

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||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |Group|Charitable Compan| |Note|2024|2023|2024|2023| |£|£|£|£| |Cash|used|in|operating|activities|(145,161)|(647,781)|428,669|(112,574)| |Cash|flows|from|investing|activities| |Investment|income|3|593,090|549,889|-|-| |Proceeds|from|Sale|of Assets|133,000|-|133,000|-| |Purchase|of fixed|assets:| |Fixtures|and|Fittings|9|(180,832)|(9,439)|(180,832)|(9,439)| |Investment|Properties|10|(259,940)|-|(259,940)|-| |Cash|provided|by|(used|in)|investing| |activities|285,318|540,450|(307,772)|(9,439)| |Cash|flows|from|financing|activities| |Loan|advances|115,000|-|115,000|-| |Loan repayments|~|(38,979)|(38,717)|(38,979)|(38,717)| |Cash|provided|by|(used|in)|financing| |activities|76,021|_(38,717)|76,021|(38,717)| |Increase|(decrease)|in|cash|and|cash|equivalents| |in the year|216,178|(146,048)|196,918|(160,730)| |Cash|and|cash|equivalents|at the|beginning|of| |the year|485,651|631,699|294,610|455,340| |Total|cash|and|cash|equivalents|at|the|end| |of the|year|701,829|485,651|491,528|294,610| |Reconciliation|of net|movements|in|funds|to|net|cash|flow|from|operating|activities| |Net movement|in|funds|288,741|7,118|244.744|5,094| |Add|back|depreciation|charge,|loss|on|disposal|of| |assets|and|other|(gains)|and|losses|16,951|8,286|16,951|8,286| |Deduct|income|shown|in:| |Investment|activities|(593,090)|(549,889)|-|-| |Decrease|(increase)|in|debtors|148,906|(112,740)|167,043|(121,336)| |(Decrease)|increase|in|creditors|(6,669)|(556)|(69)|(4,618)| |Net cash|used|in|operating|activities|(145,161)|(647,781)|428,669|(112,574)|

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Analysis of changes in net debt - see note 15

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024

1. ACCOUNTING POLICIES

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

a) Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective Ist January 2018) — Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) Companies Act 2006 and the Charities Act 2011.

Back on the Map Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

b) Group financial statements

The financial statements consolidate the results of the charity and its wholly owned subsidiary Back on the Map Enterprises Limited on a acquistion basis.

c) Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the items of income have been met, it is probable that the income will be received and the amount can be measured reliably.

Income from Government and other grants, whether ‘capital’ grants or ‘revenue’ grants is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

d) Donated services and facilities

In accordance with the Charities SORP (FRS 102), general volunteer time is not recognised - refer to the trustees’ annual report for more information about their contribution.

e) Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024

ACCOUNTING POLICIES - Cont'd

f) Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Restricted funds are only available for the purpose which they were given. More information can be found at note 14.

g) Expenditure and Irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

h) Tangible fixed assets

Fixtures & Fittings and Motor Vehicles are capitalised at cost and are depreciated over their estimated useful economic lives on a straight line or reducing balance basis as follows: Asset Category Annual Rate

Fixtures & Fittings 25% to 50% Straight Line Basis & Lease Term Motor Vehicles 25% Reducing Balance Basis Group Land and Buildings 2% Straight Line Basis

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024

ACCOUNTING POLICIES - Cont'd

i) Land and Buildings — Investment Properties

Properties purchased for rent are capitalised on the basis of purchase price plus refurbishment costs. Thereafter they are included at a fair value assessed by the directors with gains and losses recognised in the SOFA. In the year 31st March 2022 year the charity had utilised the services of independent extermal RICS accredited surveyors to perform quinquennial valuations.

i) Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

k) Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

1) Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

m) Pensions

Employees joining the money purchase pension scheme operated by St James Place contract directly with the insurance company. The charity also makes a contribution to this pension scheme and acts as agent in collecting and paying over employee pension contributions.

n) Going concern

The directors continue to adopt the going concern basis in preparing financial statements as outlined in the Trustees Responsibilities Statement.

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MENOTES TO THE FINANCIALELEMENTS STATEMENTS FORFOR THETHE YEARYHAR ENDEDENDED 31ST31STMARCH MARCH 20242024 (Continued) ACCOUNTING POLICIES - Cont'd

0) Registered status

Back on the Map Limited was registered as a UK company on 23rd August 2004 (No 05212073). On 5th November 2010 the company obtained charitable status, upon which it became registered with the Charity Commission (No 1138833).

2. KEY MANAGEMENT DISCLOSURE

The directors consider the Board of Directors, who are the charity’s trustees, and the senior management team comprise the key management personnel of the charity in charge of directing and controlling, running and operating the charity on a day to day basis. All directors give of their time freely and no director received remuneration in the year. Details of directors’ expenses and related party transactions are disclosed in note 16 to the accounts.

The pay of the senior staff is reviewed annually and normally increased in accordance with average earnings.

Group Charitable Company
3. INVESTMENTS
;		 2024 2023 2024 2023
. £ £ £ £
GiftAidfrom SubsidiaryCompany - - 140,000 147,921
Rents Received 593,090 549,889 - -
593,090 549,889 140,000 147,921
4 * INCOMINGRESOURCESFROM
CHARITABLEACTIVITIES		 2024 2023 2024 2023
£ £ £ £
Grants received inyear 635,141 316,214 635,141 316,214
Other income 31,169 21,134 27,994 21,134
666,310 337,348 663,135 337,348

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024

(Continued)

Group Charitable Company
5. TOTALEXPENDITURE 2024 2023 2024 2023
£ £ £ £
Advertising 946 8,616 946 8,616
Audit Fees 9,340 7,560 5,850 4,764
Bad Debts 744 (314) - -
Bank Charges 1,990 1,998 24 49
Depreciation 9,951 8,286 9,951 8,286
Disposal ofAssets - Loss 7,000 - 7,000 -
Funded Expenditure 44,859 26,742 44,859 26,742
Heat and Light 19,340 11,953 14,411 8,742
Insurance 13,813 13,731 12,519 12,287
Interest 5,352 5,613 5,352 5,613
IT Expenses 1,311 1,227 1,311 1,227
Lease Payments 2,294 3,394 - -
Motor Expenses . 7,323 8,248 - -
Office Costs 1,221 334 L221 334
Printing
_		 1,865 2,578 1,865 2,578
Professional Fees 40,080 34,642 39,989 34,589
Project Costs 27,244 54,943 27,244 54,943
Rates and Rent 27,349 22,441 23,134 19,395
Repairs and Maintenance 137,261 120,267 10,164 10,789
Sessional Work and Training 512 7,374 512 7,374
Staff 576,120 495,219 328,660 237,926
Telephone 7,833 6,631 4,669 6,631
Travel and Sundry Expenses 26,911 38,636 18,710 29,290
970,659 880,119 558,391 480,175

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024

(Continued)

  1. ANALYSIS OF EXPENDITURE a) Raising funds expenditure is represented by the costs incurred by the charity's trading subsidiary excluding governance costs.
b) Charitable activities consist of: Activities Grant
Undertaken Funding of Support
Directly Activities Costs Total
£ £ £ £
Main Fund 152,614 - 10,651 163,265
Investments Properties Fund 7,000 - 7,000
OwnUse Property Fund - 1,000 - 1,000
Small Projects - 15,409 - 15,409
Rank Time to Shine - 19,131 - 19,131
Sunderland City Council
Extended Winter Offer - 9,014 - 9,014
Sunderland City Council
FancyaDayOut - 1,050 - 1,050
Greggs Foundation - 19,621 - 19,621
Edit -Go Online! - 36,722 - 36,722
Sunderland City Council
(EastRangers) - 14,992 - 14,992
Rank Golden Awards - 467 - 467
Sunderland City Council
Household SupportFunds - 9,201 - 9,201
Power to Change - 7,623 - 7,623
VirginMoneyFoundation
CommunityAnchors Funding - 12,375 - 12,375
IndependentAge - 30,812 - 30,812
The Charity ofSirRichard Whittington (1) - 32,500 - 32,500
The Charity ofSirRichard Whittington (2) - 1,714 - 1,714
Sunderland City Council
Neighbourhood Fund - 7,252 - 7,252
CommunityFoundation - 40,109 - 40,109
Sunderland CityCouncil
YouthWork
Biffa		 -
-		 11,487
1,866		 -
-		 11,487
1,866
UKSPF Links forLife Sunderland - 10,013 - 10,013
Community Orgnaisations CostofLivingFund - 67,563 - 67,563
Community OwnershipFund - 19,577 - 19,577
UKSPF Enterprising Sunderland - 12,118 - 12,118
BDN
.		 - 10,000 - 10,000
152,614 398,616 10,651 561,881
Support Costs aremade up as follows:
Governance 9,340
Information Technology 1,311
10,651

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024

(Continued)

Group Charitable Company
2024 2023 2024 2023
7. NETMOVEMENT INFUNDS £ £ £ £
This is stated after comprising:
Staffpension contributions 25,649 20,358 25,649 20,358
Depreciation 9,951 8,286 9,951 8,286
Loss on Disposal ofAsset 7,000 - 7,000 -
Auditor’s fees 9,340 7,560 5,850 4,764
Group Charitable Compan
8. PARTICULARS OFEMPLOYEES 2024 2023 2024 2023
£ £ £ £
Total staffcosts were as follows:
Wages and Salaries 505,989 439,295 505,989 439,295
Social Security Costs 44,482 35,566 44,482 35,566
Other Pension Costs —
-		 25,649 20,358 25,649 20,358
Management Fee Recharged - - (247,460) (257,293)
“ 576,120 495,219 328,660 237,926

The average number of staff employed is as follows:

2024 2023 2024 2023
£ £ £ £
Number of Staff 20 18 20 18

One employee received remuneration between £ 70,000 and £80,000. Key management remuneration amounted to £70,641.

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024

(Continued)

9. TANGIBLE FIXED ASSETS

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||||||| |---|---|---|---|---|---| |TANGIBLE|FIXED ASSETS|Fixtures|&| |Fittings|and| |Motor|Land|and| |Vehicles|Buildings|Total| |Group|Group|Group| |£|£|£| |Cost| |At|Ist April|2023|80,615|119,443|200,058| |Additions|29,128|151,704|180,832| |At|31st March|2024|109,743|271,147|380,890| |Accumulated|Depreciation| |At|Ist April|2023|67,359|1,577|68,936| |Charge|for Year|7,629|2,322|9,951| |At|31st March|2024|74,988|3,899|78,887| |Net|Book Value|.| |At 31st March|2024|-|34,755|267,248|302,003| |At|31st March 2023|13,256|117,866|131,122|

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 ——— A EOIN TS BOR THE YEAR ENDED 31ST MARCH 2024

(Continued)

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||||||| |---|---|---|---|---|---| |10.|INVESTMENTS|Investment| |Properties| |Valuation|- Group|£| |At|Ist April|2023|4,970,500| |Additions|259,940| |Disposals|(140,000)| |Revaluation|Adjustment|z| |At|31st|March|2024|5,090,440| |Unlisted|Investment| |Valuation|Investment|Properties|Total| |- Charitable|Company|£|£|£| |At|Ist April|2023|10|4,970,500|4,970,510| |Additions|-|259,940|259,940| |Disposals|-|(140,000)|(140,000)| |Revaluation Adjustment|-|-|-| |At 31st March 2024|10|5,090,440|5,090,450|

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The carrying value of the investment properties on a historical cost basis would have been £4,939,975.

Investments and income earned from other activities

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||||||||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |The|unlisted|investments|above|include|a|100%|interest|in|the|issued|share|capital|of Back|on|the|Map| |Enterprises|Limited,|a|company|registered|in|England|and|Wales.|The|wholly|owned|trading|subsidiary| |Back on|the Map|Enterprises|Limited|is|incorporated|in|the United Kingdom (company number 7387041)|and| |pays|all|of|its|profits|to|the|charity|under|the|gift|aid|scheme.|A|summary|of the|trading|results|is|shown| |below.| |The|summary|financial|performance|of the|subsidiary|alone|is:|2024|2023| |£|£| |Turnover|593,090|549,889| |Other Income|3,175|-| |Cost of Sales|and Administration|Costs|(412,268)|(399,944)| |Net Profit|183,997|149,945| |Profits Brought Forward|96,458|94,434| |Distribution|to the|Charity|(140,000)|(147,921)| |140,455|96,458| |The|assets|and|liabilities|of the|subsidiary were:| |Current Assets|258,633|221,236| |Current Liabilities|(118,168)|(124,768)| |Total Net Assets|140,465|96,468| |The Aggregate|Share|Capital and Reserves|140,465|96,468|

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MMNOTES TO THE FINANCIAL STATEMENTSSEALTEMENTS FORFOR THETOE YEYEAR A R ENDEDENDED 31ST31ST MARCHMARCH 20242024

(Continued)

11. DEBTORS Group
2024		 2023 CharitableCompany
2024		 Company
2023
£ £ £ £
Trade Debtors 17,265 24,201 - -
OtherDebtors and Prepayments 126,665 268,635 95,598 262,641
Amount due from Group Undertaking - - 88,200 88,200
143,930 292,836 183,798 350,841
12. CREDITORS 2024 2023 2024 2023
Amounts falling due within one year: £ £ £ £
Loans (secured) 53,673 53,673 53,673 53,673
Loans (unsecured) 16,428 - 16,428 -
Trade Creditors 5,525 5,875 - -
Other Creditors, Accruals
and DeferredIncome - 55,404 64,628 30,961 33,935
OtherTaxand Social Security 13,399 10,494 13,399 10,494
144,429 134,670 114,461 98,102
2024 2023 2024 2023
Amounts fallingdue aftermorethanone year: £ x £ £
Loans (Secured) 302,493 341,472 302,493 341,472
Loans (Unsecured) 98,572 - 98,572 -
401,065 341,472 401,065 341,472

Secured Loans

Loans prior to 31st March 2018 are free of interest. Sums falling due after more than five years is £177,711 Security provided is the properties to which the loans relate.

Unsecured Loans

Loans are free of interest. Sums falling due after more than five years is £32,860.

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N OTES TO THE FINANCIALMEA STATEMENTSSISTER MENTS FORFOR THETHE YEARYEAR ENDEDENDED 31ST31ST MARCHMARCH 20242024

(Continued)

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|||||| |---|---|---|---|---| |Charitable| |13.|UNRESTRICTED INCOME FUNDS|Group|Company| |£|£| |At|Ist April|2023|1,092,034|995,576| |Total Income|688,495|232,230| |Total Expenditure|(572,043)|(159,775)| |At 31st March|2024|1,208,486|1,068,031|

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024

(Continued)

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|||||||||| |---|---|---|---|---|---|---|---|---| |14.|RESTRICTED|FUNDS| |At|Total|Total|At| |01/04/2023|Income|_|Expenditure|31/03/2024| |£|£|£|£| |Investment|Properties Fund|4,197,057|-|(7,000)|4,190,057| |Own|Use|Property Fund|48,000|-|(1,000)|47,000| |Small|Projects|16,828|-|(15,409)|1,419| |Rank Time|to|Shine|8,816|10,315|(19,131)|-| |Sunderland|City|Council| |Extended|Winter Offer|14,154|2,240|(9,014)|7,380| |Sunderland|City|Council| |Fancy|a Day Out|1,050|-|(1,050)|-| |Greggs|Foundation|-|19,621|(19,621)|-| |Edit|- Go|Online!|°|36,722|(36,722)|-| |Sunderland|City|Council| |(East|Rangers)|-|14,992|(14,992)|-| |Rank Golden Awards|-|467|-|(467)|-| |Sunderland|City|Council| |Household|Support Funds|-|9,201|(9,201)|-| |Power to Change|3,624|3,999|(7,623)|-| |Virgin|Money|Foundation| |Community Anchors|Funding|11,125|15,000|(12,375)|13,750| |Independent Age|10,812|20,000|(30,812)|-| |The|Charity of Sir Richard|Whittington|(1)|-|32,500|(32,500)|-| |The|Charity|of Sir Richard|Whittington|(2)|-|4,400|(1,714)|2,686| |Sunderland|City|Council|-| |Neighbourhood|Fund|-|7,252|(7,252)|-| |Community|Foundation|-|50,000|(40,109)|9,891| |Sunderland|City|Council|ss| |Youth|Work|-|11,487|(11,487)|-| |Biffa|-|27,482|(1,866)|25,616| |UKSPF|Links|for Life|Sunderland|-|10,013|(10,013)|-| |Community Orgnaisations|Cost of Living Fun|-|67,563|(67,563)|-| |Community Ownership Fund|-|Capital|-|140,000|-|140,000| |Community Ownership Fund|- Revenue|-|28,000|(19,577)|8,423| |UKSPF|Enterprising|Sunderland|-|12,118|(12,118)|-| |Joicey Trust|-|2,000|-|2,000| |Natures Hub|-|6,000|-|6,000| |Swire|Charitable|Trust|-|30,000|-|30,000| |BDN|©|-|10,000|(10,000)|-| |4,311,933|570,905|(398,616)|4,484,222| |Seee ee|

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 RE EAE SEAT EMENLS POR THE ¥Y LAR ENDED 31ST MARCH 2024 (Continued)

14. RESTRICTED FUNDS- (cont)

Name of restricted fund description, nature and purposes of the fund.

Investment Properties Fund — In the main is represented by investment assets purchased prior to Ist April 2011 using New Deals for Communities funding. The charity also received a contribution of £5,443 towards the cost of a property in the year to 31st March 2018 and £220,000 was awarded in the year ended 31st March 2020 by the Virgin Money Foundation to assist with the purchase and refurbishment of four empty or PRS homes ._ In the year to 31st March 2022 Power to Change provided £180,000 to assist with the purchase of four investment properties. The board treats the property fund as restricted assets, the purpose of which is to build a local asset base for income generation and programme related service in perpetuity. It is never the intention of the board to dispose of the assets.

Own Use Property Fund - funding was received to assist with the refurbishment and expenditure will be released in line with the accounting policy for this asset class.

Small projects grants consist of a number of important restricted grants to contribute to the charitable aims of the organisation.

Rank - time to shine (t2s) provides funding to cover a t2s leader in the charity who undergoes a 12 month leadership and talent development programme.

Sunderland City Council - Extended Winter Offer (EWO) funds to cover costs associated with tackling food poverty.

Sunderland City Council Neighbourhood Fund - Fancy a Day Out were funds awarded to run a holiday activity programme for children in Hendon. Funds covered the staff time and the costs of running the programme.

Greggs Foundation - provides funds for a part time community support worker and a contribution to our food poverty programme costs

Edit - Go Online! - aims to reduce digital isolation in the North East area of Sunderland, share digital skills via an IT buddy volunteer programme and through 1-2-1 staff support. Digital workshops are held covering subjects such as; online safety, online shopping, web browsing etc. Daily drop-in support is available for those facing digital isolation as well as specialist support for individuals facing universal credit reforms.

Sunderland City Council Neighbourhood Fund - East Rangers funds a programme of neighbourhood clean ups held weekly across Hendon in identified 'grot spot' areas. Staff and volunteers carry out awareness raising campaigns in targeted areas such as; dog fouling in parks and green spaces, recycling at Christmas, reducing waste etc.

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N OTES TO THE FINANCIAL STATEMENTSDEOL EMENITS FORAFOR THETHE YEARYEAR ENDEDENDED 31ST31ST MARCHMARCH 20242024 (Continued)

14. RESTRICTED FUNDS- (cont)

Rank Golden A#wards - related to funding awarded for a programme of work concentrating on reducing isolation and loneliness, including mental well-being through volunteering. The funding covered the employment costs of the volunteer coordinator and a contribution to the costs of running the programme.

Sunderland City Council Household Support Funds - was an administration fee awarded to cover the staff costs of distributing food vouchers to help tackle poverty in the Hendon ward.

Power To Change - funds were awarded for Villette Road to be a pilot community improvement district. The funding covered the employment costs of the marketing and social media assistant and expenses linked to the pilot programme.

Virgin Money Foundation - Community Anchors Funding was awarded to enable us to build on the work and achievements of the previous two years. The funding was used to cover staff posts working on the programme.

Independent Age - is funding provided to work with beneficiaries aged over 65 facing financial hardship in the east area of Sunderland, funding is covering employment costs, staff training, debt advice and energy saving initiatives for residents.

The Charity of Sir Richard Whitington (1) - Funding was provided towards core costs and sustainability of Community led prevention, crisis and intervention services.

The Charity of Sir Richard Whitington (2) - Funding was provided towards wellbeing and support staff.

Sunderland City Council Neighbourhood Fund - Hendon Community garden represents funding received for developing the Urban garden at our local allotment sites.

Community Foundation - Funding received for development of the youth engagement strategy and pilot phase of Youth Hub in Hendon.

Sunderland City Council - Youth work in every space and place is funding youth work across Hendon delivered by the charity and its partners.

Biffa - Funding was received for refubishment of kitchen and toilet facilities at Carnegie Community Corner.

UKSPF Links for Life Sunderland Community Grants scheme is overseen by Sunderland City Council to provide Community Services from the charity's Community Hubs to target 'Social Isolation’, ‘Mental Health' and the escalating 'Cost of Living Crisis’.

The Community Organisations Cost of Living Fund was funded by UK government and delivered by the National Lottery Community Fund. Funding was awarded to alleviate the cost of living crisis for the residents of Hendon.

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 (Continued)

14, RESTRICTED FUNDS- (cont)

Community Ownership Fund - The award covers both capital and revenue costs associated with High Street renovations and to support the ambitions of our community.

UKSPF Enterprising Sunderland is overseen by Sunderland City Council and has been set up to help stimulate business start-up, growth and innovation. The Charity is working alongside North East BIC (The lead organisation) and other not for profit organisations to deliver this project.

The Joicey Foundation has provided funding towards core costs and the the Charity's sustainability.

Natures Hub has provided funding towards creating a Community Swap Shop and Urban Garden at our local allotment sites.

Swire Charitable Trust - Funding was provided towards staffing requirments for our Hendon Eco programme.

BDN Architects provided pro bono support in in the development plans required for the High Street renovations project.

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BACK ON THE MAP LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024

(Continued)

15. ANALYSIS OF CHANGES INNET DEBT Cash Other non-
At 01/04/23 Flows cash changes At 31/03/24
£ £ £ £
Cash and Cash Equivalents
Cush 485,651 216,178 - 701,829
485,651 216,178 - 701,829
Borrowings
Debt due within one year (53,673) - - (53,673)
Debt due after more than one year (341,472) (59,593) - (401,065)
(395,145) (59,593) - (454,738)
Total 90,506 156,585 - 247,091

16. TRUSTEE REMUNERATION AND RELATED PARTY TRANSACTIONS

No trustee of the company received any remuneration or expenses during the year.

No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity during the year.

  1. COMPANY LIMITED BY GUARANTEE

The company is limited by guarantee and has no share capital. In the event of a winding up, every member undertakes to contribute to the payment of liabilities such amount as may be requested not exceeding the total of £1.

18. CONTINGENT LIABILITIES

The charity’s Board of Trustees has not identified any significant contingent liabilities.

  1. TAXATION

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.

  1. CAPITAL COMMITMENTS

The budgeted cost of our High Street Renovations project has been set at £140,000 and at the balance sheet date £29,940 had been expended.

  1. OTHER INFORMATION

Back on the Map Limited is a private limited company, limited by guarantee, domiciled in England and Wales. The presentation currency is £ sterling.

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