back on track > BACK ON TRACK MANCHESTER LTD. (COMPANY LIMITED BY GUARANTEE) COMPANY REGISTRATION NUMBER". 2735484 {Englandl CHARITY REGISTRATION NUMBER.. 1017467 REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
back on track > BACK ON TRACK MANCHESTER LTD. IA PRIVATE COMPANY LIMITED B Y GUARANTEE) REGISTERED IN ENGLAND NO: 2735484 A REGISTERED CHARITY NO: 1017467 REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 INDEX PAGE PAGE NO. CONTENTS Report of the Board of Management 9-12 Auditors Report 13 Balance Sheet 14 statement of Financial Activities 15 statement of Cash Flows 16-28 Notes to the Accounts
back on track > Back on Track Manchester Limited st Report of the trustees for the year ending 31 March 2024 The trustees present their annual directors, report and financial statements of the charity for the year ended 31" March 2024 which are also prepared to meet the requirements for a directors, report and accounts for Companies Act purposes. The financial statements comply with the Charities Act 2011, the Companies Act 2006. the Memorandum and Article5 of Association, and the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporti ng Standard applicable in the UK and Republic of Ireland l FRS 1021 ljanuary 20191. Reference and administrative information Charity Name.. Back on Track Manchester Limited Charity Number: 1017467 Company No: 2735484 Incorporated in England, UK Directors and trustees The directors of the Charitable company Ithe charity) are its trustees for the purpose of charity law. The trustees and officers serving during the year and since the year end were as follows: Chair: Gary Cripps (resigned as Chair 5.5.231, Gillian Drakeford lappointed a5 Chair 5.5.23) Vice Chair: Susan Jenkins Treasurer: Amanda Paterson Trustees: Lyndsey Forrest Judy Harrison Julie Taylor Kevin Wong Amina Bodhania Qlusayo Phillips Sarah Newton (appointed 30.4.241 Mark Stapleton (resigned 12.2.24) Gary Cripps Iresigned 12.2.241 Oona Cassidy (resigned 13.6.24) Company Secretaries: Beth Maguire, Adam Barker (resigned 21.7.231 Rebecca Airey {appointed 7.5.241 Senior manager {Chief Executive Officer): Siobhan Pollitt Patrons: Mike Joyce, Mary-Ellen McTague, Tony Walsh Registered Office Swan Buildings, 20 Swan Street, Manchester, M4 5JW Accountants Community Accountancy Service Limited The Grange, Pilgrim Drive Be5wick, Manchester Mll 3TQ Auditors McKellens Chartered Accountants 11 Riverview, The Embankment Business Park Vale Road, Heaton Mersey Stockport, SK4 3GN Bankers Cooperative Bank plc, l Balloon Street, Manchester M60 4EP Aldermore, 40 Spring Gardens, Manchester M2 IEN Redwood Bank, The Nexus Building, Broadway, Letchworth Garden City, Hertfordshire SG6 3TA Hinkley and Rugby Building Society, Upper Bond Street, H inckley, Leicestershire LEIO INZ Page I
back on track > Back on Track Manchester Limited About Back on Track Back on Track is a Greater Manchester charity Wlth a mission to enable adults who are facing disadvantage to make13Sting, positive changes in their lives. This could be managing problernatic druglalcohol use, living a crime-free life, improving their mental health and weSlbeing. and having a stable place to call home. Back on Track ha5 been part of the local community for nearly 50 years. In this time, we have become a leading specialist provider of community learning and support for adults who are facing multiple disadvantage. We use our individual and collective voice to influence decision-makers and to advocate for systemic change in Greater Manchester Our values are to build on people'5 individual strengths and treat everyone with respect and fairness. To be kind, professional, and effective, to build partnerships and collaborate with others. We welcome new ideas and promote a balanced and supportive work life. Our vision is a Greater Manchester where inequalities are reduced, and social justice is realised. Where people lead fulfilli ng lives. communities are safe, and all voices are heard. Where everyone can get the support, skills, and experience they need to imagine a better future for themselves and then make it happen. Our Theory of Change recognise5 that to achieve longer-term life changes people have to work towards other goals, such as rebuilding hope and pride. and resettling into or becoming part of a community. This takes time and determination, and our services proactively facilitate this process. Joining 8ock on Track is the best thing I have done in my life. it Is a lifrline, a reason to get up in the morning. Helps mefeel le55 scared. Becouse of Back on Track, Ifeel like I'm starting to rediscoverparts of my old self, l om very slowly starting tofeel comfortable with other people ogoin. Our work We work with over 600 members each year, all of whom experience disadvantage. Over 100 different organisations refer people to Back on Track and we build new referral pathways each year so that people who may need our Services can find us. We deliver a co-produced learning and progression programme that prioritises self-determination, wellbeing, and social inclusion. We have a range of partners across Greater Manchester, and in addition to our learning timetable we also del iver multiple disadvantage and criminal justice programme5 alongside other organisations. Our learning programmes focus on three main themes: Navigating life Oigital inclusion Functional skills development (e.g. English, maths, digital} Life skills sessions that promote independence (e.g. budgeting, cooking) Learning for self Psychoeducation (learning about and understanding aspects of mental health and wellbeing) Resilience and empowerment Managing mental and physical health and wellbeing Citizenshi p and social inclusion le.g. rights and responsibilities, member voicel Culture (creative skills programmes, museum and cultural trips) Supporting progress Pre-employment skills (e.g. CV writing, confidence, disclosure of convictions) One-to-one progression guidance (volunteering programme, holistic support, signposting) Accredited maths Page 2
back on track > Back on Track Manchester Limited Specialist advice for people with the full range of convictions Public Benefit The charity furthers its charitable purposes for the public benefit by enabling adults facing disadvantage to have better life chances through training, work experience, and volunteerinE. By engaging with Back on Track learning programmes and volunteering opportunities, people gain in confidence and self-esteem and find a new purpose. These changes result in personal, social, and economic benefits to communities, statutory services, and our city and region bv: improving mental and physical health managing or ceasing problematic drug and alcohol use promoting desistance from crime- creating a new, crime-free identity developing resilience which enables people to cope with setbacks and sustain employment contributing to the community, resulting in sense of belonging and citizenship We have referred to the Charity Commission's general guidance on public benefit when reviewing the Charity'5 a ims and objectives and in plan ning our future activities. In particular, the trustees consider how planned activitie5 will contribute to the aims and objectives they have set. Structure, governance, and management Back on Track Manchester Limited is a company limited by guarantee governed by its Articles of Association (updated in December 20191. It was registered as a charity with the Charity Commission on 18 February 1993. In the event of a winding up, members have agreed to contribute a sum not exceeding El. The Board agrees pay and remuneration of key management personnel with reference to Back on Track's salary policv and pay scales. Salaries are reviewed annually by the Board. Appointment of trustees: The directors/trustees are appointed following a process of recruitment and application set out by the Board of Trustees. The directors/trustees also have the power under the governing document to co-opt individuals who support the aims of the organisation. Trustee induction and training: As part of their induction, the new directors/trustees are provided with information about the charity. the management Structure, its history, and working practices. In addition, they are also provided with the Articles of Association plus information from the Charity Commission and Companies House regarding the duties and responsibilities of directors and trustees. Training appropriate to the individual needs of the trustees is carried out. Organisation: Governance of the organisation lies with the Board of Trustees. The Board meets quarterly in addition to the AGM. These meetings include the Directors/Trustees and the Chief Executive Officer. During the meetings the progress of the past three months is assessed and considered against the targets and aims. The status of the planned work is considered and discussed. Future aims and ambitions are considered in conjunction with the on-going programme. Any discussion papers circulated before the meeting will be discussed and considered. The Board meets regularly with the Back on Track senior management team to review discuss and agree the strategic direction of the organisation. Day-to-day management is the responsibility of the Chief Executive Officer, and {in 2024151 the Deputy Chief Executive who report to the Board of Trustees and are assisted by the senior management team and project colleagues. Page 3
back on track > Back on Track Manchester Limited Risk management: The Directorsnrustees have assessed the risks to which the charity is exposed, both in terms of f inancial and operational risks in carrying out its objectives and are satisfied that the systems are in place to mitigate exposure to major risk. The strategic risk register is considered and updated by the board on a quarterly basis or more often if responding to emerging risks. Workplace risk assessment5 have been carried out for all operational processes. Related parties and co-operation with other organisations: None of our trustees receive remuneration or other benefit from their work with the charity. Any connection between a trustee or senior manager with any service providers must be disclosed to the full Board in the same way as any other contractual relationship with a related party. Staff and member involvement (co-production): An important part of our approach is working closely with our colleagues and with the people who come to Back on Track to shape and improve our service5 and to influence wider change. We strive to implement this at all levels of the organisation and have already undertaken significant co-production activity as we develop our new strategic plan. People who use our services take part in staff recruitment and task groups with our trustees, staff, and volunteers. We also support people to design and deliver learning sessions and share their experiences of progression at external events. As many as 96% of members said that they feel their views count at Back on Track. We actively encourage people with lived experience of multiple disadvantage to apply for volunteering and employment opportunities in our organisation. We champion fair recruitment practices and 20% of our staff team and around half of our volunteers have lived experience of multiple disadvantage. A review of our achievements and performance In 2023-24, 687 members from across Greater Manchester attended a session of training, teaching, or one- to-one support and advice at Back on Track. 97% of learner5 On our programme were not in employment, while nearly a third had no qualifications. Our members, lived experience of multiple disadvantage breaks down a5 follows.. Types of disadvantage experienced by members Mental Health 880 Problematic drug/alcohol use Criminal Justice Homelessnes5 Multiple disadvantage ONE or more types of disadvantage TWO or more types of disadvantage THREE or more types of disadvantage FOUR types of disadvantage loo% 54Yo 83% 62% 46% 17° 46° The process of creating our new strategic plan started in January, involving members, staff colleagues and trustees, the next phase will take place in 2024/5. We have continued to strengthen leadership and governance as well a5 the role of co-production within the organisation. Ifeel like I'm involved ond ht7ve place in Society afterbeing in prison for a long time. Coming to Back on Trock is helping me work toword being o better person ond gives me meaning and purpose in life again. Back on Track has grown in the last year, with new criminal justice and multiple disadvantage commissioned projects increasing the impact of the organisation. We improved to our physical space and digital infrastructure to support this growth and colleagues have worked positively together to navigate change. Page 4
back on track > Back on Track Manchester Limited We are committed to our work supporting people with convictions to resettle into the community and now run the Manchester Wellbeing Hub for the Greater Manchester Integrated Resettlement Service. We ontinue to have Strong partnership5 Wlth colleagues in probation, Greater Manchester Police, forensic mental health services, voluntary sector organisations working in criminal justice and Greater Manchester Combined Authorities. We have also continued to support people experiencing multiple disadvantage and influence change in systems and services through the Changing Futures and Early Help for Adults programmes, led by Manchester City Council in partnership with Shelter and Big Life. Navigating life Our new commissioned projects have enabled us to offer more direct, practical sUPPOrt to members such as helping with budgeting, benefits, housing, health and wellbeing. We have a150 introduced an accredited maths programme so that members can get a qualification which, for some is their first. l used to occess computer5 at the library ond I've neverhod o loptop of my own- 15till con't believe it. I've got so much occess to knowledge now and l understand words like opps. Bluetooth. Search engines ond web browser5. I'm lookingforwt7rd to getting more confident with emoils. ond olso leorning more about my legal rights on the internet- We know that many of our members are digitally excluded through lack of resources or skills, and this leads to further disadvantage in an increasingly digital world. In response to this we heightened our focus in this area: sourcing and distributing digital devices and data to members, providing I'.1 and group learning opportunities, embedding digital skills in other sessions and promoting independent learning. Swan Kitchens café and training kitchen is a warm and welcoming hub for our centre, providing low-cost nutritious meals to members on low incomes. It is a place where our members feel part of a community and can access training and volunteering opportunities. In the last year, we have delivered 29 cookery courses to 157 members, ranging from introduttory home cookery and baking, to specialised training for the catering and hospitality industry and level 2 qualifications in food safety. We have also integrated beginners, maths skills into cookery se55ion5 $0 that cooking acts as a gateway into functional skills development as well as constituting an essential life skill in its own right. Learning for self Our core learning programme is more diverse than ever, with an emphasis on understanding trauma and mental health and learning strategies to build resilience and wellbeing. Strong external partnerships have created new learning opportunities for members including music therapy, a women's programme 'Comedy for Social Change, and outdoor and environmental options including an allotment and habitat maintenance. Members and staff worked together in our trauma project to create Ocean Chorus, a creative and educational "zine" Intended for support services and others with experience of trauma, Ocean Chorus was co-produced by our members and written entirely in their own words. Those words were collected from discussions and written work during a two-part course called "Understanding Trauma" This process had important benefits for the members involved, enabling them to feel better understood and ultimately empowered to make he project wos so importont because very often my actions are misunderstood, even by those closest to me. Unless you've experienced something like this ond people are aware, they CL7n't know what to lookfor. Page 5
back on track > Back on Track Manchester Limited POSltive changes in their own lives. As a result of this and our previous work in this area we were one of a handful of VCSE organisations invited to present at the Greater Manchester Adverse Childhood Experience IACEI and Trauma Responsive conference where we spoke to delegates about this work and the co-production process. Supporting progress For many member5 who experience social exclusion and isolation and are at the beginning of theirjourney, regular attendance at courses is progress, together with the improved self-confidence, wellbeing, and Social connectedness it provides. 90Yo of members overall said attending had helped them feel more connected to other people, and 96Yo said Back on Track helps them make progress towards their goals. For others, engagement in our employabi lity provision leads to more formal progression. In that last year, for example, 86 members attended our Work Club programme, and we saw 60 progressions into further learning, volunteering, or employment. In our survey, 96% of members on these programmes agreed that attending Back on Track makes it more likely they will progress into volunteering or employment. Ifeel a lot more confident ond don't worry os much about whotpeople think about me. Since stfjrting the course5 here I don'tfeel os anxiou5 obout new places,. I've storted to get more involved with octivitie5 at the mosque and I'm going to the gym more. I'm really grateful thot you took a chance on me. The quality of our work was recognised in several ways in 2023/4 including the renewal of our Matrix standard for information advice and guidance, our contribution to Manchester Adult Education's Ofsted inspection and visits from people keen to know more about our work including Dame Vera Baird, in her role as Justice advisor to the Welsh government; Kate Green, Deputy Mayor for Safer and stronger Communities; the High Sherriff of Greater Manchester,. and the Manchester Mayor. We were also visited by delegation from the French Emba55y'$ Social policy team who were interested in our emphasis on community to support desistance. The directors wish to extend thanks to the staff of Back on Track for their work over the past year and to the many volunteers who contribute a great deal to all the services. Thanks are also due to colleagues in many other agencies who have worked in partnership with Back on Track to adapt services and meet the needs of people experiencing new and increased challenges. Financial review Total income in the year was £1,043.82112023 £848,338) and total expenditure was £993,256 {2023 £815,603) leaving a surplus of £50,565. Unrestricted funds at the year-end were £296,808 and restricted funds total £53,072. Major funding streams included Greater Manchester Integrated Rehabilitation Service, Changing Futures, The Henry Smith Charity, Albert Gubay Charitable Foundation, Our Manchester VCS Fund, Community Learning Fund, Multiply, The Oglesby Trust and Big Lottery Reaching Communities. Diverse income streams. positive relationships with grant and contract cornmissioners, effective scrutiny of finances through monthly finance reports and regular finance committee Meetings, combined with good access to ir)formation from funders and policy makers provides additional controls to manage risk. The Page 6
back on track > Back on Track Manchester Limited trustees, ongoing financial strategy is to raise a small surplus each year to help build the level of free reserves for the charity. The main financial risk to the charity is significant change in national or regional commissioning priorities resulting in reduced income. Investment powers and policy: Under the Articles of Association the charity has the power to invest in any way the trustees wish. The trustees, having regard to liquidity requirements of the charity and to the reserves policy have operated a policy of keeping available funds not in day-to-day use, in interest bearing deposit accounts. Reserves policy and going concern: The total funds held at the year-end were £349.880 of which £53,072 were restricted funds. The charity currently ha5 £296,808 in unrestricted reserves of which £283.837 are free reserves. It is the aspiration of the charity to maintain unrestricted funds at a level which equates to at least three months operating costs. This would provide sufficient funds to allow the charity to react to changes in income in a constructive manner. We continue to seek to improve our financial position in order to designate and maintain this level of unrestricted reserves. Plans for Future Periods Oirectors, staff colleagues, volunteers and members are all contributing to planning the strategic direction of the charity as the 2021-24 Strategic Plan comes to an end. In 2024 we will introduce a new leadership role, Deputy Chief Executive Officer, to support the delivery of our strategic objectives. We will continue to innovate in our education, training and volunteering centre, build on partnerships and develop more ways to extend our reach through influencing, bringing about systems change and fair chances for people experiencing multiple disadvantage. Our learning programme will have an increased focus on members developing the skills to navigate their life and develop independence beyond Back on Track. We will create more programmes to enable member5 to gain new insight into the effect5 of mental health or neurodiversity physical and emotional wellbeing. Our vibrant cultural programmes will continue, and citizenship activities will enable members to become involved in the social and environmental issues that matter to them. I very often feel lost in life, but at Back on Track, I can be myself and focus on my learning and connect the dot5. We will further develop our work within the criminal justice sector, helping to reduce harm and make our community safer by sUPPOrting people with convictions to reintegrate and rebuild their lives free from offending. We will continue to deliver our IRS Wellbeing Hub and special projects workir)g with people with convictions, while contributing to research and influencing systems change within criminal justice. Our priority to deliver and influence services for people facing multiple disadvantage will continue in 2024125. We will work with partners to offer person-centred and trauma responsive support in the Early Help for Adults programme. We will deliver training, guidance and support to statutory and voluntary sector partners and the business community to open doors, change perceptions and practices, and help to create fair chances and better opportunities for people facing disadvantage in our community. Page 7
back on track > Back on Track Manchester Limited Trustees, responsibilities in relation to the f inancial statements The charity trustees (who are also the directors of Back on Track Manchester Limited for the purposes of company law} are responsible for preparing a trustees, annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards Iunited Kingdom Generally Accepted Accounti ng Practice). Company law requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable com pany for that period. In preparing the f inancial statements, the trustees are required to: Select suitable accounting principles and then apply them consistently,. Observe the methods and principles in the applicable Charities SORP. Make judgments and estimates that are reasonable and prudent,. State whether applicable accounting Standards have been followed, subject to any material departures that must be disclosed and explained in the financial statement5: Prepare the financial statements on a going concern basis unless it is appropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities. Statement as to Disclosure of Information to Auditors: SO far as the directors are aware, there is no relevant audit information las defined by Section 418 of the Companies Act 20061 of which the company's auditors are unaware and each director has taken all the steps they ought to have taken as directors in order to make themselves aware of any relevant audit information and to establish that the company's auditors are aware of that information. Auditors: A Resolution will be proposed at the Annual General Meeting to reappoint the auditors, McKellens Chartered Accountants and Registered Auditor. By order of the Board of Trustees Treas rer: Amanda Paterson Date: 41,. / 2024 Page 8
back on track > Back on Track Manchester Limited Independent Auditor's Report to the Members of Back on Track Manchester Limited Opinion We have audited the financial statements of Back on Track Manchester Limited Ithe'companv) for the year ended 31 March 2024, which comprise the Statement of Financial Activity, Balance Sheet, Statement of Cash Flows and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards comprising Charities SORP- FRS 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 company's affairs as at 31 March 2024 and of its income and expenditure for the year then ended- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice- and have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK}J 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 company in accordance with the ethical requirements that are relevant to our audit of the finanGial slatements in the UK, including the FRC'S Elhical 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 stalements, we have concluded that the directOfS' use of the going concem basis of aGcounting 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 thal, individually or collectively, may cast significant doubt on the company's ability to continLte as a going concern for a period of at least twelve months from when the original finanGial slatements were authorised for issue. Our responsibilities and the responsibilities of the directors with respecl to going concern are described in the relevant sections of this report. other Informatlon The other information comprises the information included in the Trustees, Report, other than the financial statements and our auditor's report thereon. 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 assuranca conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other infonnation is materially inconsistent with the financial statements orour knowledge obtained in the audit orotherwise appears to be materially misstated. Ifwe identify such material inconsistencies or apparent malerial misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. 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. Page 9
back on track > Back on Track Manchester Limited Independent Auditor's Report to the Members of Back on Track Manchester Limited Opinion on other matter prescrlbed by the Companles Act 2006 In our opinion, based on the work undertaken in the Course of the audit.. the information given in the Trustees, Report forthe financial year for which Ihe financial statements are prepared is consistent with the financial statements., and the Truslees, Report has been prepared in accordance with applicable legal requirements. Matters on which we are requlred to report by exception In the light of our knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees, Report. We have nothing to report in respect of the following matters whare Ihe Companies Act 2006 requires us to report to you rf, in our opinion.. adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us., or the financial statements are not in agreement with the accounting records and returns., or certain disclosures of Twstees, Remuneration specified by law are not made. or we have not received all the information and explanations we require for our audit: or the directors 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 Trustees, Report and from the requirement to prepare a Strat8gic Report. Responsibilities of directors As explained more fully in the Statement of Trustees, Responsibilities sel out on page 8, the directors are responsible for the preparation of the financial statements and for being satisfied thal they give a true and fair view, and for such intemal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstaternent, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going conGern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so. Auditor's responslbililies for the audit of the financial statements 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 inGludes 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. Misstatemants 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. Page 10
back on track > Back on Track Manchester Limited Independent Auditor's Report to the Members of Back on Track Manchester Limited Our approach to identifying and assessing the risks of material misstatemenl in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows.. the engagement partner ensured that the engagement team colleGtively had the appropriate competence. capabilities and skills to identify or recognise non-compliance with applicable laws and regulations., we identified the laws and regulations applicable to the company through discussions with directors and other management, and from our knowledge and experience of the charity sector,. we focused on specific laws and regulations which we considered may have a direct material effect on the finanGial statements or the operations of the company, including the Companies Act 2006, the Charities Acl 2011, taxation legislation and data protection, anti-bribery, employment, environmenlal and health and safety legislation. we assessed the extent of Gompliance with the laws and regulations identified above through making enquiries of management and inspecling legal Gorresponden¢e- and that identified laws and regulations were communicated within the audit team regularly and the team remained alert to instances of non-compliance throughout the audit. We assgssed the susceptibility of the company's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by.. making enquiries of management as to where they Gonsidered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud., considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations., and understanding the design of the company's remuneration policies. To address the risk of fraud through management bias and override of controls, we-. performed analytiGal procedures to identffy and unusual or unexpected relationships. tested journal entries to identity unusual transactions., assessed whether judgements and assumptions made in detennining accounting estimates set were indicative of potential bias., and investigated the rationale behind significant or unusual transactions. In response to the risk of irgUIarl1ieS and non-compliance with laws and regulations, we designed procedures which included, but not limited to: agreeing financial statement disclosures to underlying supporting documentation; reading the minutes of meetings of those charged with governance. enquiring of management as to actual and polential litigation and claims., and reviewing correspondence with HMRC. relevant regulators and the company'5 legal advisors. A further description of our responsibilities is available on the Financial Reporting Council's w&bsite at.. www.frc.org.uklauditorsresponsibilities. This description forms part of our auditor's report. Page11
back on track > Back on Track Manchester Limited Independent Auditor's Report to the Members of Back on Track Manchester Limited Use of our report This report is made solely to the company's members, as a body. in aGcordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so Ihat we might state to the company'5 members those matters we are required to slate to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assutne responsibilily to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed. Paul Roper (Senior Statutory Auditor) McKellens Ltd 11 Riverview The Embankment Business Park Vale Road Heaton Mersey Stockport SK4 3GN IS October 2024 Page 12
back on track > 13 BACK ON TRACK MANCHESTER LTD. (COMPANY LIMITED BY GUARANTEEI CO. REG. NO. 2735484 BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 NOTES FIXEO ASSETS Tangible Fixed Assets 13 72,846 48,370 CURRENT ASSETS stook Debtors & Prep8ym8nts Cash at Bank and in Hand 14 15 200 50,833 331.191 382.224 200 61,774 313.276 375,250 CREDITORS.. Amounts falling due within one year 16 105.190 105,190 124,305 124,305 NETCURRENT ASSETS 277.034 250,945 TOTAL NET ASSETS 349.880 299.315 ACCUMULATED RESERVES Unrestricted Funds Restricted Funds 18 18 296,808 53,072 349,880 263,176 36,139 299,315 Thèse accounts have been prepared In accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companie5, and the FinanGial Reporting Standard 102. edo ehaff tsf the board of trusteeldirectors-. Gt)Yz(knFA Dirèct Paterson Director.. G. Drakelord Datè.. 11,,/ 2024 The notes on pages 16 lo 28 form part ol these accounts.
back on track > 14 BACK ON TRACK MANCHESTER LTD. {COMPANY LIMITED BY GUARANTEE) STATEMENT OF FINANCIAL ACTIVITIES IINCORPORATING THE INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2024 Total Funds 2024 Total Funds 2023 Unrestricted Restricted Funds 2024 Fund5 2024 Notes INCOME FROM: Donations & Legacies Chariiable Activities other Trading Aetivitl8S Investment Income oth8T Ineom& TOTAL INCOMING RESOURCES 41,599 367,494 23,114 6,581 1.496 440,284 1.241 602,296 42.840 g69,790 23,114 6,581 1,496 603,537 1.043,821 66,387 753.947 23,074 2,348 2,582 848,338 EXPENDITURE ON Raising Funds Charitablè actSvit16S 39,745 366.907 39,745 953,511 36.868 778,735 586.604 TOTAL 406.652 586,604 993,256 815,603 NET INCOME IEXPENDITUREI 33,632 16,933 50,565 32.735 Transfers behveen funds 18 NET MOVEMENT IN FUNDS 33,632 16.933 50,565 32.735 RECONCILIATION OF FUNDS Total ftknds brought foThvard 263.176 36.139 299,315 266,580 TOTAL FUNDS CARRIED FORWARD 18 296,808 53,072 349,880 299,315 The sla18mènt of financial activities includes all gains and 10sS8S ill the year. The notes on pages 16 10 28 fom part of these accounts.
back on track > 15 STATEMENT OF CASH FLOWS FOR THE YEAR ENDING 31ST MARCH 2024 Reconclllatlon of net movement in funds to net cash flow from opgrating aetlvltiè$ 2024 2023 Net movement in funds Add back depr8Clation Less profit on sale of assets Deduct investment income Decreasellincrease} in debtors In¢reaselldecreasg1 in creditors Nèt cash used in operating a¢tivities 50,565 22.248 32,735 21,945 16,5811 10,941 19,115 58,058 12.3481 39,856 27.649 64.539 Cash flows frorn investment activitie5- Intere51 Purchase of fixed assets Sale of Fixod Assets Net cash provided by investing actlvltlès 6,581 146.7241 2.348 19,547) 140.1431 17.1991 Incrèaselldecreasel in cash and cash equivalen15 during the year 17,915 57,340 Cash and cash èquivalents brought forward 313,276 255,936 ash and cash •qulval•nts carrled fon¥ard 331,191 313.276
back on track > 16 BACK ON TRACK MANCHESTER LTO. (COMPANY LIMED BY GUARANTEEI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDEO 31 MARCH 2024 ACCOUNTING POLICIES {a} Basis of preparation and ass•ssment of going eonegm The accounts Ifinancial stalemenlsl have been prepared under the hislorieal cost ¢onvénUon wth items recognised at cost or transaction value unless otherwise stated in the relevant notes lo these accounts. The financial statements have been prepared in accordanc8 wth th8 Stat8menl of Recommended Praclic8.' Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republi¢ of Irèland IFRS 1021 issued January 2019 and the Financial RepotNng Standard applicable in the United lfjngdom and Republic of Ireland IFRS 1021 and the Charitie5 Act 2011, and the Companies Act 2006. The charity constitute5 a public benefit entity as deftnpd by FRS 102. The Iruslees consider that ther8 are no material uncertainties about th8 charity's ability to continue as a going concarn. Projections for 2024125 show that the charity need to secure £110,203 of funding including donations and llew sourTrs lo breakeven at current OP8rational levels ykithout resorting lo using rg$erv8S. Ibl Funds structurè Restricted funds are funds which are to be used in accordanc8 Wth 5peclfic restrictlons imposed by th8 donor. When the requiremonts of the restricled funds are met18g assats are purchasedl the transaction Is shown as a movement in funds frorn restrlcted to unreslrioled funds. Unrestricted income funds comprise those funds which thè trustees are free to use for any purpose In furtherance of the charitab19 objects. Unreslricted funds include designated fund5 where the trustees, at their discretion. have created a fund foi a sp8eific puipose. The charity has created a designated capital fund lo meet the future deprery8tion charge of its assets. Further details of each fund are disclosed in not8 18. Icl Income recognition Al income is r&¢ognised once Ihe charity has ents'llemenl to the Income, it is pmbable that the income 11 be received and the amount of income receivable can be measured reliably. Donations and grants are recognised when the charity has been notified in writing of both the arnount and setuement date. In the event that a donalion or grant is subject lo condition5 Ih8t require a level of p$rformance before the charity is enlilled to the funds, the income is deferred and not recognised until either ihose conditions are fully met. or the fulfilrnent of those conditions is wholly within the control of thè charity Bnd it is probable that those Conditions Mrill be fu1fi11ed in the reporting period. Grants, including Ihosg in rostrictèd funds, specifying performance in future pgriods are deferred. Interest on funds held on deposit is included when receivable and ihe amount can be measured reliabty by the charity.. this Is nomalty upon notification of the inltsrest paid payable by the bank. Idl Expenditur8 Recogfiltion Liabilities are recognised as expenditur8 as soon 8S there is a legal or constructive obllgation committing the Charity lo that 8xpènditure, It is probable that settlement will b8 requ[d and the amount of the obligation can be measured reliably. All expenditure 15 accounted for on an accruals basis. All expenstss including support costs and governance costs are albcaled or apportioned to th8 applicable expenditure headings. For rIre information on this allribution rofer to note Igl below.
back on track > 17 BACK ON TRACK MANCHESTER LTD. (COMPANY LIMITED BY GUARANTEEI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 lel Taxation & Irrècoverable VAT All grant income and donations are outside the scope of VAT. Contract fees and certain othèr incom8 are exempt supplies and therefore th8 company Is not Ilable to be registered for VAT. Irrecoverable VAT on expenditure is attributed lo the category ol expenditure on which it is incurred. No provision has been made ft)r taxation as exemption has been granted by HMRC from laxat40n under Sections 466 to 493 of the Corporation Tax85 Act 2010 or Section 256 of the Taxation of Capital Gains Act to the extent Ihgt surpluses and gains are applied for charitable purpose8. {f) Allocation of support and govemance costs Support costs have been allocated b8tW88n govèmanca costs and other support costs. Governance costs comprise all costs involving the public accountability of the charity and its cornpliance wth regulation and good practice. Th85e costs includè costs rèlated to Sndependent examination an legal and professiona1 fees togelher with an apportionment of overhead and support cosls. Governance costs and support costs relating to charrtable aclivities have been apportioned b8s¢d on staff lirlltr and the usage of facilities and services for rnanagement purposes. The allocation of support and governance costs is analysed in note 10. Igl Costs of raislng funds The costs of raising funds consists ol staffing. cost of sales and overheads for delivery of training. and running the non-nded element of the café. {hl Charitable Aetiviti•s Costs of charitable a¢livities include governance costs and an appDrtionrnenl of suppc>rt costs as shown in nota 9. lil Tangiblo flxod assets and depTeelatlan AJI 8s5e15 Costing more than £500 are capitalised and valued at histortcal cost. Depreciation is charged on (he following basis.. Lea5vhold Improvements 10Vo on cost Plant & Equipment 25% on cosl The lolal of any capiial grants are recognised in th8 Statgmgnt of Financial Actlvities In the year they are received, as reqUId by the SORP. and not deferred over the life of the related 8ssets. } Stock stock 15 Stated at the lower of cost and rèaligabl8 valua on a first In first out basis. Ikl D8btors Trade and other debtors are recognised al settlement amount due after 8ny tradè dlscount offered. Prep8ytn@nts are valued al the arnounl pr9paid n8t of any trada discounts due. {11 Creditors and Provlslons Creditors and provisions are recognised where the charity has a present obligation r85ulting from a past ev8nt that will probably result in the transfor of funds to a third party and the amount due lo settle th& obligation can be measured or estimated reliably. Creditors and provisions ar8 normally recognised at their sèttlément amount after allowng for any trado dls¢ounts du¢. Im) Realisèd galns and losse All gains and108895 are taken to the Statement of Financial Activities as they aris8. Reallsed gains and105ses on invastm6nis are calculated as Ihg differ8nce bètweèn salÈs proceeds and their opening Carrng value5 or their ptjrchase value if acquired subsequent lo the first day of the flnanclal year. Unrealised gains and losses are ¢alculated as the difference belween the fair value al th8 yaar ènd and their varying value. Realised and unrealised inv8stmenl gain$ and losses are combined in the Statement of Financial Adivities.
back on track > 18 BACK ON TRACK MANCHESTER LTD. IGOMPANY LIMITED BY GUARANTEEI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 In} P•nslons The company operates & defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an indèpèndently admlnislèred fund. Contributions payable for the year are charged against the income and expenditure account. The pension scheme is an auto gnrolment compliant scheme. The charity has no liabilities beyond making its contributions and paying across the deductions for the eTnpk)yèa's contributions. lol Operatlng Leases Payments under operating leases are charged to th8 income and exp8nditur8 account in thè period to which they relate. (pl Contlngent Ilabllltlo$ There were no contingent liabilities 81315t March 202412023 nona}. Iql Donated SeNlces The charity has on average 40 vc>lunteers at any one time assisting with reception, administration, café and classrooms. No financial value ha5 been reflected In th8 accounts for these donated services. Irl Redundancy and termination payments The charity reeognises redundancy and lermin81ion p8yments when their existence is re#50nably certaln. NET INCOMING RESOURCES FOR THE YEAR 2024 2023 This is stated after charging-. Depreciation Audit Fees 22,248 3,990 21,945 3,850 Unrestricted Rg$trictod Total 2024 DONATIONS & LEGACIES Donations & Gift Aid 31.599 10,000 41,599 1.241 32.840 10.000 42.840 The Robert McApine Foundation 1,241 Previous Year Unreslricled Restricted Totsl 2023 Donations & Gfft Aid The Robert Mcmpine Foundation 56,387 10,000 66,387 56,387 10.000 66,387
back on track > 19 BACK ON TRACK MANCHESTER LTD. (COMPANY LIMITED BY GUARANTEEI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 INCOME FROM CHARITABLE ACTIVITIES Unrestrlcted Restricted Total 2024 Manch851gr Adult EdLJcation Service NLDC GM Integrated Rehabilitation Service Lloyds Bank Fouridation1£8.333 deleffedl North West Probation Trusts- ESFINOMS Changing Futures Our Manchester GMCA- GM Multiply Big Lottery Reaching Cofflmunities Big Lottery Cost of Living Lottery- Awards for All Oglesby Charitable Trust IRS Serwice User Fund1£951 deferred} Jusl Life Poslcode Neighbourhood Trust MCC Work Club Garfield Weston Foundation Henry Srnith Charity1£10,000 deferred and rekasedl GMCVO Edward Goslling Foundation Thè Albèrt Gubay Charitable Foundation Evan Comish Foundation Th8 Edward Holl Trust Green Hall Foundation Dowager Countess Eleanor Poel Trust Forrester Family Trust The Cbthworkers, Foundation other Social Contracis Other grants under £5.000 175,597 175.597 344,535 25,000 11,538 47,252 56,321 24,889 8,686 40.(KJO 9,936 16.556 8,514 9.560 10,000 7.100 18,333 40,000 2.467 10,000 17.500 7,584 5.727 5.000 5,000 15,000 10,000 13,050 24,645 969.790 344.535 25,000 11,538 47.252 56,321 24,889 8,686 40,000 9,936 16,556 8,514 9,560 10,000 7.100 18,333 40,000 2,467 10,000 17.500 7,584 5,727 5,000 5.000 15,000 10.000 13.050 7,766 367,494 16,879 602,296
back on track > 20 BACK ON TRACK MANCHESTER LTD. (COMPANY LIMITED B Y GUARANTEEI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Previous Year.. INCOME FROM CHARITABLE ACTIVITIES Unrestricted Restricted Total 2023 Manchast8r Adult Education Service NLDC IRS Welfare Programrne Lloyds Bank Foundation {£8,333 deferred) North Wesl Probation Trusts- ESFINOMS Changing FUtuS {£4.455 deferred) Our Mancheslef GM Probation Big Lottery Reaching Communiles1£8,685 deferred, £19,965 released) 191.732 191.732 62.511 18,917 49.435 44.488 20.000 2,841 76,862 62.511 18.917 49,435 44,488 20,000 2,841 76.862 Lollery- Awards for All Newby Trust The Gland Trust Oglesby Charitable Trusl1£16.556 deferred) IRS Service User Fund1£9,465 deferr8dl Just Life1£5,812 delerred, £3.951 released) WEA MCC Work Club Garfield Weston Foundation1£18,333 deferr8dl Henry Smith Charity1£10.000 deferred and released) GMCVO {£2,467 deferred, £6,402 re18asèdl Edward Goslllng Foundation Salford CVS - Gr Manch8st8r Walking Fund ARC Hospitslityl £1.117 deferred} Help the Homeless GMCA- Wellbeing The Edward Holl Trusl1£5,727 rlèf8rr8d} Swire Trust Albert Hunt AB Charitable Trust st8818 Charitable TAJst Other Social Contrac15 other grants under £5,000 10.000 20.000 42.190 33.648 535 5,281 15,219 7.330 10,000 20,000 42,190 33,648 535 5,281 15,219 7,330 21,667 40,000 14,934 10,000 1,975 1,117 2,929 9,850 1.986 15.000 5.000 15.000 10,000 1.000 2,500 753,947 21,667 40.000 14.934 10,1100 1.975 1.117 2.929 9.85 1,986 15,000 5.000 15,000 10.000 1,000 1,000 358,751 1.500 395,196 INCOME FROM OTHER TRADING ACTivmES Unr95trietsd R•strlct•d 2024 Unreslrlct6d Restricted 2023 Café Training Room Hire Consultancy & Research 21,370 1,374 370 21,370 1,374 370 17.879 3,200 1.620 375 23.074 17,879 3,200 1,620 375 23,074 23,114 23,114
back on track > 21 BACK ON TRACK MANCHESTER LTD. (COMPANY LIMITED BY GUARANTEEI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 INVESTMENT RECEIVABLE Bank Interest Receivabl8 6.581 2.348 OTHER INCOME Unrèstrict8d Rastrict•d 2024 Unresiricted Restricted 2023 Sludenl P18cem8nts Miscellaneous 1,260 236 1,496 1,260 236 1,496 1,260 651 1,911 1,260 1,322 2.582 671 671 EXPENDrruRE ON RAISING FUNDS Café & Catering Skills Core Total 2024 Total 2023 Wages & Salaries Gafé & catering stock costs Rent & seiCe Charge Cleaning Materials Repairs & Renewals Course Materials Support Costs Market Stall Fees Bad Debts Fundraising Costs Tralning 22.833 22,833 7,233 3,896 1,249 2,160 14 1,076 19.272 10.705 3.797 1.455 222 7.233 3,896 1,249 2,160 14 1,076 265 46 129 310 667 36.868 75 1,130 75 1.130 79 39.745 79 11.811 27,934 Restricted Unr8stricted Total 39,745 39,745 36,868 36.868
back on track > 22 BACK ON TRACK MANCHESTER LTD. (COMPANY LIMITED BY GUARANTEEI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 EXPENDITURE ON CHARITABLE ACTIVITIES Café & Catarlng Skllls Education & Tralnlng Total 2024 Employment Costs Re¢ruitrnenl & DBS Checks Freelance Tutors Other Staff & Project Costs Room & Venue hire Rent & Service Charge Rates & Water Light & Heat Repairs & Renewals Cleaning Telephone 8yProifjot Travelling Expenses ByPfopct Volunl88r Expensgs ByProJ$¢È Student Expenses By Pfojgd Training 8yProJed Course Materials & Accreditation Costs ByPrGjecl Food & Drink servi User Welfare S&rvl¢8 User Equipment Support Costs Govemance Costs SlallTung staff Thme Slall TNllg Staff Tiine 15,241 649,099 945 4.666 404 2.290 74,022 5,132 21.427 3.606 2,690 4,627 790 4,637 14.671 2,535 8.070 664,340 945 4,666 404 2,290 74.022 5,132 21.427 3,606 2.690 4.627 790 4,637 15.171 2,535 9,070 3,047 8,690 30 113,146 12,246 953,511 586,604 366.907 953,511 HoDrArea FlogrAIF& FloorArea FlOorA RoorAre 500 1.000 3,047 ByProjgcI yProJEcl 8.690 30 113,146 12,246 933.723 566.816 366,907 933,723 19,788 19,788 Resiricted Unrestric18d Toial 19,788 Previous Year Total 2023 Employment Costs Recruilmenl & DBS Chècks Vaccinations Other Stsff & Projeet Costs Rent & Service Charge Rates & Water Light & Heal Repairs & Renewals Cleaning FloorArea Telephone 8yProts Travelling Expenses ByProlscl Volunt$er Expenses 8yPwl Student Expenses ByPryBcI Trainlng ByPwl Course Materials & Aocrgdltsfjon Costs Bypmigcl Sèrvice User Welfare Seryice User Equipment Support Costs Governance Costs Sl&ff F Staff Sl&ff Stafft FloorAfeB 515,112 1,539 120 1,960 72,137 4,315 25,728 5,751 2,460 3,714 515.112 1,539 120 1.960 72.137 4.315 25.728 5,751 2.460 3,714 580 6,916 15,129 1,905 7,361 1,170 1,007 99,990 11,841 T78,735 400,218 378,517 778,735 FloorA FloorArea 6,916 15.129 1,905 7.361 1,170 1.007 99.99(1 11.841 778,735 400,218 378,517 778.735 ByPrqBGI Restricted Unre51rioled Total
back on track > 23 BACK ON TRACK MANCHESTER LTD. {COMPANY LIMITED BY GUARANTEEI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 10 ALLOCATION OF GOVERNANCE AND SUPPORT COSTS Governance Costs Support Costs Total 2024 Management & Admin Salaries Cornputer Costs Subs¢riptlons Minor Equipment Prfnting, Post and Stationery Book-keeping Payioll Costs HR Costs Insurance Publicity Sundry Depr8ciation Audit & Accountsncy Bank Charges & Interest TOTAL Slaff 54,667 13,927 360 2,533 3,377 3,558 2.703 1.925 3,229 2,500 2.254 22,113 6.074 60,741 13,927 360 2,533 3,377 3.558 2,703 1.925 3,229 2.500 2,254 22.113 5,378 5,378 794 794 12,246 12S,392 DKecl Dect DK8GI Dect DtreEt DweGt Dttatl Dirocl Governence Govffflan¢8 113.146 Restricted Funds Unrestricted Funds Total 86.772 26,374 113,146 86,772 12.246 38,620 12,246 125,392 GovorDanro Ctssts Previous Year Support Cvst¥ Total 2023 Management & Admin Salaries Computer C051s Subscriptions Minor Equipment Printing, Post and Stationery Book-keeping Payroll C051s Legal & Professional Fees HR Costs Insvrance Sundry Depreciation Loss on disposal of assets Audit & Accountancy Bank Chargès & Inlerest TOTAL Slaff Tv77 53.Q39 10,707 207 1,220 3,395 3,513 2.118 621 244 2,239 743 21.212 732 5.893 58.932 10,707 207 1,220 3.395 3,513 2,118 621 244 2,239 743 21,212 732 5,040 908 111,831 DwEcl Dect Dh¢t Dtrt Diffjct GovemanGe 5,040 908 11,841 Governance 99.990 Restricted Funds Unreslricled Funds Total 68,882 31,108 99,990 5,254 6,587 11,841 74,136 37,695 111,831 Includ8d wthin audtt and accountancy is £3,990 (2023 £3,850) relating to the audit of the charitys accounts. No othèr fèes are payable to the auditors.
back on track > 24 BACK ON TRACK MANCHESTER LTD. ICOMPANY LIMITED BY GUARANTEEI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 11 STAFF COSTS 2024 2023 Wages and Salaries Social Se¢urity Costs Redundancy Costs Pension Costs 661,581 56,430 523,158 43,841 3,624 29,9C13 22,693 747,914 593,316 No employee eamed £60,000 per annum or mor8. Neither the Chair nor 8ny other dlrgctors received any remuneration for their setvices or pension conlribubon during Ihe year. The charity considers it5 key staff comprises the Chief Executive and the two Servicè Managers. The Temuneration, including employers NICS and pension contributions. of key staff in the year wa8 £140,132 12023 £122,002) The average number ol employees during th8 year, excluding directors and voluntary slaff was.. Managom8nt. Teachlng & Adminislralion 26 26 12 TRUSTEES. REMUNEFiATION AND EXPENSES No remuneration has b8Èn paid or is due lo be paid lo any of the dir8CtOT5 in rèspact of the period. No r8imburs&ment of expenses has been made or is due to be made to any ol the directors in respect of the period. 13 FIXED ASSETS Leasehold Plant & Improvements Equipment Total COST At 1 April 2023 Additions Disposals At 31 March 2024 153.170 11.077 73.429 226,599 35,647 46,724 13.140 13,140 95,936 260,183 164.247 DEPRECIATION At 1 April 2023 Provided in thè yèaf Disposals At 31 March 2024 115,099 12,581 63,130 178,229 9.667 22,248 13,140 13,14(1 59.657 187,337 127.680 NET BOOK VALUE At 31 March 2024 At 31 Marth 2023 36,567 38.071 36,279 10,299 72,846 48,370 14 STOCK 2024 2023 At lower of cost and net realisable value 200 200 15 DE8TORS & PREPAYMENTS 2024 2023 TTade Debtors Accrued Income Prepayments 1,983 37,339 11,511 50,833 6,777 44.056 50,833 14,145 38,632 8,997 61,774 20.495 41,279 61,774 Resiricted Unreslricl8d
back on track > 25 BACK ON TRACK MANCHESTER LTD. (COMPANY LIMITED BY GUARANTEEI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 16 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade Creditors Social S8eurity and Othèr Tax8s Accrua15 D8fèrrèd Income 24.373 15,001 28.309 37,507 105.190 29,174 76,016 105,190 8.904 11,997 8.097 95,307 124,305 73.972 50.333 124,305 Restri¢t¢d Unrestricted 17 DEFERRED INCOME Deferred income comprises grants in advance. Balance as at 1 st April Amount released lo income earned trorn charitable activities Amount dèfèrwd in yèar Balance al 31st March 2024 2023 95,307 95.307 193,6331 1122,7731 35,833 122,773 37,507 95,307 18 ANALYSIS OF CHARITABLE FUNDS Balance at 01 Apr43 Balan¢• at Outgolng 31ar-24 Incomlng Transfèrs Re$triet•d Revonu8.' GM Integr8tèd Rehabilitation Servicts Changing Futures The Albert Gijbay Charitable Foundation Big Lottery- C051 of Living UKH Foundaiion Big Lott8ry- Reaching Communities Lottery- Awards for All Shears Foundation Posteode NeighboLtrhood Trust Donations - caf8 Oglesby Charitable Trust IRS Service User Fund MCC-Work Club Gr Manchester Walking Fund Schreier Foundation Tho Edward Holt Trust GMCVO- Tr8LJrn8 Just Llfe Henry Smith Charty Llve Life to the Full Evan Cornish FounElalion Capital.. Gr.Manchesler Combined Authorities Thè Grand Trust Help the Homele55 Gr Manchester Combined Auth- welfar6 The Clolhworkers, Foundation GM Integrated Rehabilitation SeNi¢e Beatrice Laing 549 344,535 47,252 17,500 40,000 5,000 8.686 9,936 5,500 10,000 1.241 16,556 8,514 7,100 1.979 2,000 S.727 2,467 9.560 40.000 2.400 7,584 113,0441 1325,0221 {47,2521 {17,5001 140.0001 15,0001 18,6861 19,9361 15,5001 110,0001 11,2411 116,556} 18,7211 17.1001 11,9791 12,0001 15,9181 12.4671 19.5601 140,0001 12.4001 17.5841 7.018 12071 191 12,960 15,814 2,197 4.072 {4,5421 12,6351 17321 11,6851 12,4701 8,418 13,179 1,465 2,387 7,530 13,044 238 53,072 10,000 13,044 356 36,139 118 586,604 603,537 Unrestricted." General Funds Designaled Capital Funds 250,205 12,971 263.176 299.315 440,284 127,0611 1393,3251 270,103 27,061 13,327 26,705 1406,6521 296,808 993,256 349,880 440,284 1,043,821
back on track > 26 BACK ON TRACK MANCHESTER LTD. (COMPANY LIMITED BY GUARANTEEI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 18 ANALYSIS OF CHARITABLE FUNDS CONT... Pravious Year Balance at 01-Apr-22 Balan at Outgoing 31-M8r-23 Incoming Transfers Restricted Revenue.. GM Inlegr8led Rehabilitation ServirR-We Changing Futures Changing Futures- Other GM Probation- Dyslexia Prolecl Inspiring Change Mcr- Flexible Fund Big Lottery- Reaching Communities Lottery- Awards lor All Newby Trust Grand Trust Ogl85by Charitable Trust IRS servi User Fund WEA MCC- Work Club Salford CVS- Gr Manchester Walking Fun ARC Hospitality Edward Holt GMCVO-Traum8 Just Llfè Henry Smith Charity Salford CVS Beatri Laing Capital.. Gr.Manch8ster Combined Authorities The Grand Trust Hélp the Htsmeless Gr Manchester Combined Auth - weware Baatrlce Lalng 62,511 44.488 161.9621 144,488) 549 2,841 660 76,862 10,000 20,000 42.190 33,648 535 15,219 7,330 1,975 1,117 1,986 14,934 5,281 40,000 12,841) 16601 (76,862) (10,0001 (20,0001 (42.1901 (33,6481 15351 {15,2191 17.3301 11,9751 11,7951 114,9341 15,2841 140,000) 16671 11,1441 191 667 1,500 13561 17.502 22.318 14,$421 {6,5041 17321 {5.7781 12,960 15,814 2,197 4,072 356 36,139 2.929 9.850 356 40.490 395.867 400,218 Unrestricted= General Funds Designated Capital Fund$ 205.143 20,947 226.090 266,580 452.471 (7141 {406,6951 250,205 714 8,690 12,971 415,385 263,176 815,603 299,315 452,471 848,338 Total Fund8 Transfers Transfers lo the de5ign8t8d capital fund are due to capital grants being spent. See dèsignaled capital fund5 note overleaf. Purpose of Restrlcted Funds-. GM Inlegraled R8habilitation Service Changing Fuiures towards a well1ng service supporting p8oplè on probalion towards a partnership programme supporting people faclng Multip disÈdv8nlage towards the catenng projgct. Including the salary of the Catering Coordinator towards a project providing maths education and qualifications towards our work supp)rting people through the cost of living crisis towards our employability and progression projeol towards the overall Costs of the catering praject towards the overall costs of the catering project towards tho costs of our wellbeing courses towards cooking, money and debt awareness se88iori$ towards the salary of the Leaming Coordinator The Albert Gubay Foundation GMCA Multiply Big Lott8ry- Cost of Living Big Lottery- Reaching Communitiès Lottery- Awards for All Postcode Neighbourhood Trust The Edward Holl Trust UKH Foundation Ogl8sby Charitable Trusl
back on track > 27 BACK ON TRACK MANCHESTER LTD. (COMPANY LIMITED BY GUARANTEEI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Purpose of Restrlcted Funds: Gr. Manchester Combined Aulhorilies towards capital and relaled costs to make the centre Covid safe and towards a welfare room towards the cost of new computers for our IT room towards the ¢05ts of now calé furniture towards 'lnside and Oul." a life skills course Iwith HMP Manchesterl towards education towards education to assist service users wth ilems and experiences promoting we5far8 towards the Answer canc9r an¢J walking projgc15 towards a calering assistant towards Groon Heiilage and Out and About tsster courses funding for partnership development work lo strengthen organisation resilien¢e core funding advi¢e and support to ARC In development of their employability programme towards catering equipment This fund is fully spent. Th8 balance repr8s8nts th8 book value of assets still to be deprecialed in line wth normal accounting practice. The Clothwork8rs Foundation Help the Homeless Achieve Development Fund WEA Grand Trust IRS Servico User Fund Salford CVS CRH Charitable Trusl Woodland Futures Just Lif Henry Smith Charity ARC Hospitslity Beatrice Laing Designated Capital Funds 19 ANALYSIS OF NET ASSETS BEEN FUNDS Unrestricted Restricted Funds Funds Unrestricted Restricted Funds Funds Total 2023 Totsl 2024 Tangible Fix8d Ass8t5 Currenl Assets Current Liabilities Net Assets 8t 31 Mar¢h 26,587 346,237 76,016 296,808 46,259 35,987 29,174 53,072 72,846 382.224 105,190 349,880 12.971 3LIO,538 50,333 263,176 35.399 74.712 73,972 36.139 48,370 375,250 124,305 299,315 20 CONSTITUTION The company is limited by guarantee and does not have a share capital. In the event of a winding up all members Ilhe trustees under the governing documents) have agreed have agreed to contribute an amoLtnt not exceeding £1. 21 CAPITAL COMMITMENTS Contracted but not provid8d lor 4,343 22 OPERATING LEASE COMMITMENTS Th8 total futura lèase payments under non-cancallable operats'ng leases aro: Land and Buildings 2024 Equipment 2024 Total 2024 2023 Within one year Between 2 - 5 years After 5 yèars 1,625 4.468 72,936 258,894 74,561 72,737 263.362 337.923 6.093 331,830 337,923 410.660 A 6 year lease in respect ol the property at Swan Buildings, Manchester, was signed on 25th June 2021. In addition to the rent a service charge is also payabl& and av8rag8s £14.900 p.a. 28
back on track > BACK ON TRACK MANCHESTER LTD. ICOMPANY LIMITED BY GUARANTEEI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 23 ULTIMATE CONTROLLING PARTY The company is under the ctsntrol of the Board of Management. The person witt) significant control is Gillian Patricia Drakelord. 24 FINANCIAL INSTRUMENTS The ¢h8rily only has financial assets and liabilitie5 of a kind ihal qualify as basic financial inslrumgnts. Basic financial inslrurnents are initlally re¢ognised on a transaction valu& and subsequently measured al their valLJe vrilh the exception of bank loans which ar8 subsequenlly measured at an arnortised cost uslng the èffactive Interest method. 25 POST BALANCE SHEET EVENTS There are no significant post balance sheet events that the Iru51ees considor would have an impact on the rinan¢i31 stat8ments as presented.