BONDHOLDERSCHEME LIMITED

Company limited by guarantee

Company Registration Number:
07381823 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

BONDHOLDERSCHEME LIMITED

Company limited by guarantee

Contents of the Financial Statements

for the Period Ended 31 March 2025

Company Information - 3
Report of the Directors - 4
Income and Expenditure Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

BONDHOLDERSCHEME LIMITED

Company limited by guarantee

Company Information

for the Period Ended 31 March 2025




Director: AP Hirst
A Parkinson
Dr DR Taylor
Registered office: Office 3.06 Third Floor Of The Centre For Digital
Third Floor Of The Centre For Digital Innovation
31-38 Queen Street
Hull
England
HU1 1UU
Company Registration Number: 07381823 (England and Wales)

BONDHOLDERSCHEME LIMITED

Company limited by guarantee

Directors' Report Period Ended 31 March 2025

The directors present their report with the financial statements of the company for the period ended 31 March 2025

Principal Activities

The Bondholder Scheme is a powerful network of businesses, public and regional stakeholders which raises the profile of the region to support sustainable economic growth, investment, job creation and the attraction/retention of a skilled workforce

Political and charitable donations

Whilst the company works alongside political and charitable organisations no charitable or political donations were made.

Additional information

During the year the Bondholder Scheme continued to work with partners to develop campaigns, resources and events that highlight the unique strengths of the region, both regionally and nationally, including the Humber Place Brand Ambassador Programme, participation in Innovation Zero and Reset Connect (to demonstrate the strengths and opportunities of the Humber cluster in the transition to a net zero economy) and Humber Business Week (to develop a 'place' narrative). Bondholder Scheme has also acted as the 'engine room', delivering place promotion and marketing for critical pan-regional organisations. After the period covered by these accounts the following Director changes occurred: SM Dwyer Appointed 13 June 2025, DJ Oxley Appointed 13 June 2025., A Parkinson Resigned 1 Dec 2025

Directors

The directors shown below have held office during the whole of the period from 01 April 2024 to 31 March 2025
AP Hirst
A Parkinson
Dr DR Taylor

This report was approved by the board of directors on 24 December 2025
And Signed On Behalf Of The Board By:

Name: AP Hirst
Status: Director

BONDHOLDERSCHEME LIMITED

Company limited by guarantee

Income and Expenditure Account

for the Period Ended 31 March 2025


Notes

2025
£

2024
£
Gross surplus or (deficit) 286,245 273,018
Administrative Expenses ( 301,880 ) ( 292,042 )
Operating surplus or (deficit) ( 15,635 ) ( 19,024 )
Interest Receivable and Similar Income 4,077 3,523
Surplus or (deficit) before tax ( 11,558 ) ( 15,501 )
Tax on surplus ( 775 ) ( 670 )
Surplus or (deficit) for the period ( 12,333 ) ( 16,171 )

The notes form part of these financial statements

BONDHOLDERSCHEME LIMITED

Company limited by guarantee

Balance sheet

As at 31 March 2025


Notes

2025
£

2024
£
Fixed assets
Tangible assets: 4 3,224 5,860
Total fixed assets: 3,224 5,860
Current assets
Debtors: 113,975 97,428
Cash at bank and in hand: 526,752 515,990
Total current assets: 640,727 613,418
Creditors: amounts falling due within one year: ( 528,511 ) ( 491,505 )
Net current assets (liabilities): 112,216 121,913
Total assets less current liabilities: 115,440 127,773
Total net assets (liabilities): 115,440 127,773

The notes form part of these financial statements

BONDHOLDERSCHEME LIMITED

Company limited by guarantee

Balance sheet continued

As at 31 March 2025


Notes

2025
£

2024
£
Reserves
Income and expenditure account 115,440 127,773
Members funds 115,440 127,773

For the year ending 31 March 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 24 December 2025
And Signed On Behalf Of The Board By:

Name: AP Hirst
Status: Director

The notes form part of these financial statements

BONDHOLDERSCHEME LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

BONDHOLDERSCHEME LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees


    2025

    2024
    Average number of employees during the period 5 5

BONDHOLDERSCHEME LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 3. Off balance sheet disclosure

    No

BONDHOLDERSCHEME LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Tangible Assets

Total
Cost £
At 01 April 2024 59,927
Additions 445
Disposals -
Revaluations -
Transfers -
At 31 March 2025 60,372
Depreciation
At 01 April 2024 54,067
Charge for year 3,081
On disposals -
Other adjustments -
At 31 March 2025 57,148
Net book value
At 31 March 2025 3,224
At 31 March 2024 5,860

BONDHOLDERSCHEME LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 March 2025

5.1.Related party disclosures

Name of related party: AP Hirst
Description of relationship:
The company obtained accountancy and IT services from Sandglass Limited which is a company of which AP Hirst is a director. All transactions are approved in advance of payment by the directors of the company and reported to the Board.
Description of the transaction:
During the period the total cost of service provided was £6,496.20 (2024: £6,481.20). There was £3,901.90 (2024: £3,984.80) outstanding in respect of services as at 31 March 2025
Balance at 01 April 2024 3,985
Balance at 31 March 2025 3,902