REPORT OF THE BOARD AND OPERATING FINANCIAL REVIEW
Introduction
The Board of Management presents its report and audited financial statements for Accord Housing Association (“Accord”) for
the year ended 31 March 2017. The principal activity of the Accord Housing Association is the provision and management of
housing and appropriate support services for people in need.
This financial year has been a year of both opportunity and challenge for Accord. The continuing pressure of public sector
finances has seen pressure on pricing and service continuity for Local Authorities and other commissioning bodies. Throughout
this period of change in the financial operating environment of public sector, Accord has worked to protect services for the
benefit of communities and commissioning bodies alike. This has been achieved through working proactively to understand
the real needs of Accord’s customers and community to continue to develop innovative service models which support those
members of society in most need whilst ensuring demonstrable value for money.
The financial year ended with the successful completion of a full simplification of the Group structure. On 31 March 2017 all
operating entities and subsidiaries successfully amalgamated their operations into the parent, Accord Housing Association
Limited, via either a transfer of engagements or a transfer of business.
Delivering the social and moral obligations which lie at the heart of Accord’s values and objectives have been successfully
balanced with a responsible approach to financial management. Whilst remaining financially strong Accord has delivered
significant housing and care services to over 80,000 people in our communities and has continued to support the government
in the delivery of new housing supply.
Corporate Governance
Accord is controlled and governed through the Accord Board which comprises the following non-executive members and one
executive member.
Membership Details
Accord Board
Finance, Risk
Remuneration
Care and Support Communities
and Audit
Committee
Board
Board
Committee
Elisabeth Buggins CBE
Chair/NED
Barrie Blower
NED
Shahana Khan
Vice Chair/NED
Chair
Andrew Potter
NED
Alan Harrison
NED
Jon Crockett
Vice Chair/NED
Chair
Lola Abudu
NED
Simon Eastwood
NED Chair
Stephen Gabriel
NED Chair
Ninder Johal
NED
Chris Handy
ED
NED – Non Executive Director
ED – Executive Director
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Accord Housing Association