Docuslgn Envelope ID.. 3350A040-C2E9485D.8EA9_A3499B8E6D76 BACK ON TRACK MANCHESTER LTD. (COMPANY LIMITED BY GUARANTEE) COMPANY REGISTRATION NUMBER: 2735484 (England} CHARITY REGISTRATION NUMBER: 1017467 REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
Docusign Envèlope ID.. 3350AO40-C2E9485D-8EAA3499B8E6D76 BACK ON TRACK MANCHESTER LTD. (A PRIVATE COMPANY LIMITED BY GUARANTEE) REGISTERED IN ENGLAND NO: 2735484 A REGISTERED CHARITY NO: 1017467 REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 INDEX PAGE PAGE NO. CONTENTS Report of the Board of Management Auditors Report 15 Balance Sheet 16 Statement of Financial Activities 17 Statement of Cash Flows 18-30 Notes to the Accounts
Docusign Envelope ID.. 3350A040-C2E9485D-8EA9-A3499B8E6D76 Back on Track Manchester Limited back on track > Report of the trustees for the year ending 31st March 2025 The trustees present their annual directors, report and financial statements of the charity for the year ended st 31 March 2025 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 Articles of Association, and the 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 IFRS 102} lJanLtary 20191. Reference and administrative information Charity Name.. Back on Track Manchester Limited Charity Number.. 1017467 Company No.. 2735484 Incorporated in England, UK Director5 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 a5 follows: Chair: Gillian Drakeford Vice Chair: Susan Jenkins (resigned 2.5.251, Sarah Newton (appointed trustee 30.4.24, Vice Chair 6.5.25) Treasurer: Amanda Paterson Trustees: Lyndsey Forrest Judy Harrison Julie Taylor Kevin Wong Amina Bodhania Olusayo Phillips Oona Cassidy (resigned 13.6.241 Rachel Dyson (appointed 30.7.251 Lucy Hopwood (appointed 30.7.25) Tess Murphy (appointed 30.7.251 Company Secretaries: Beth Maguire, Rebecca Airey (appointed 7.5.24) Senior manager (Chief Executive Officer): Siobhan Pollitt Patrons: Mike Joyce, Mary-Ellen McTague, Tony Walsh Reglstered Office Swan Buildings, 20 Swan Street, Manchester, M4 5JW Accountants Hilton Jones Hollinwood Business Centre, Albert Street, Failsworth, Oldham, OL8 3QL 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 Nexu5 Building, Broadway, Letchworth Garden City, Hertfordshire SG6 3TA Hinkley and Rugby Building Society, Upper Bond Street, Hinckley, Leicestershire LEIO INZ Page I
Docusign Envelope ID.. 3350A040-C2E9-485D-8EA9-A3499B8E6D76 back on track > Back on Track Manchester Limited About Back on Track Back on Track is a Greater Manchester charity Our vision is a Greater Manchester where that has been part of the local community for everyon¢ can get the skills, support, and experience nearly 50 years. In this time our organisation they need to imagine a better future for themselves has grown to become a leading specialist and then make it happen. 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 systems change in Our mission is to enable adults who ar¢ facing disadvantage to make lasting, positive changes in their lives. "I feel like I have a place in society again. Greater Manchester. Our members all have unique journeys, backgrounds, and stories, but are brought together by their experience of multiple disadvantage. They are united by a commitment to learn and develop so they can do things such as manage probSematic druglalcohol use, live a crime-free life, improve their mental health and wellbeing, or fi nd a stable place to call home. Our work enables members to make positive, lasting changes in their lives, to i ncrease wellbeing and their ability to move forward. To reach these goals we work with people to first achieve short-term changes. Di50dvantage8 foc5ng Back on Track members Cl TIlYrgIL1 54% 46% ¢nrTmthJSJ9tyGe M¥nfai hvaltii problems Probi¥matsG *ubstanGé U&• 83°A had experienced multiple disqdvantage - at leost two of these categories. For those with a conviction, this figure rose to 96% Mor• po•itive Ilh•tyle and use of tlm• Improved knowledge and 8ki11g 94010 a third of above- aveTage depiivallon more than hall Ill in the Thosi oepriiBII100h 01 neighbDurnooOs in the vlry nproved confidence and •ell-worth Inereag¢d son$e of belonging hall no qualiiicallons 97010 weie unemployed Strategy: In 2025 we launched our new 5-year strategy, our most forward-looking and outward-facing plan yet. The strategy builds on our expertise and strengths as an organisation and amplifies our ambition to influence change in society and the systems that impact our members, lives. Page 2
Docusign Envalopa ID- 3350A040-C2E9-485D-8EA9-A3499B8E6D76 Back on Track Manchester Limited back on track > Our Ivork In 2024-5 we provided learning, training, and support to 1070 adults from all across Greater Manchester who faced multiple disadvantage. Back on Track's services and programmes are tailored to the individual member and include learning programmes, advice and guidance, one- to-one support, and volunteering. Learnlno Our learning programme offers a high quality, exciting and varied range of courses and activities. It's designed around the subjects members want to learn about, including a focus on essential skills, life skills, health and wellbeing, pre-employment skills, psychoeducation, and creative activities. Support Our one-to-one support can offer help with issues going on in someone's life, help to access other services, or working out ife goals with our progression team. We provide ongoing 5UPPOrt from caseworkers to people who experience severe and multiple disadvantage. 63U povple tvok part iii Icaniing activities Community Our community of members and volunteer5 is a safe, friendly, inclusive space where people feel they belong and make a fresh Start. Members can talk to staff about hallenges they are facing, meet people from all kinds of backgrounds and make connections safely. Our café and training kitchen act as the hub of this community, a place where people leading isolated lives can come together. We ensure that the lived experience of our members is central to everything we do. 1185 people madL up our ommunity Influencing We believe we can take positive action to make things fairer. We are committed to using our expertise and the voices of our members to bring about positive change. We do this through joining forums, speaking at events, and talking to policymakers. We also work closely with employers to develop fairer recruitment practices and pathways to work. We reached over 1000 professionals Page 3
Docusign Envelope ID.. 3350A040-C2E9485D-8EA9-A3499B8E6D76 back on track > Back on Track Manchester Limited Public Benefit The charity furthers its charitable purposes for the public benef it by enabling adults facing disadvantage to have better life chances through learning, work experience, volunteering, and support. By engaging with Back on Track learning programmes and volunteering opportunities, people gain self-esteem and find a new purpose. The 5UPPOrt we offer enables people to improve their circumstances and work towards their goals. These changes result in personal, social, and economic benefits to communities, statutory service5, and our city and region by: improving mental and physical health and wellbeing 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's aims and objectives and in planning our future activities. In particular, the trustees consider how planned activities 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 and 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 £1. The Board agrees pay and remuneration of key management personnel with reference to Back on Track's salary policy and pay scales. Salaries are reviewed annually by the Board. Organisation: The Chief Executive and the leadership team are responsible for the day-to-day management of the charity, SUPPOrted by management and project colleagues. In 202415 we introduced a new leadership role, Deputy Chief Executive Officer, to support the delivery of our 5tr3tegic objectives. 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 and Deputy 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 addressed and considered. The Board meets regularly with the Back on Track senior leadership team to review, discuss and guide the organisation to make progress against our Strategic priorities. Individual trustees lead on key governance themes including Safeguarding and Strategic Risk. The work of the board is sUPPOrted by Finance and People sub-committees chaired bytrustees. These committees take actions from and report to 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/trustee5 also have the power under the governing document to co-opt individuals who support the aims of the organisation. Page 4
Docusign Envelop&10'. 3350A040-C2E94850-8EA9-A3499B8E6076 Back on Track Manchester Limited back on track > Trustee induction and training: As part of their induction, the new directors/trustees are provided with information about the charity, its staffing structure, 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 given. Strategic risk management: The Directorsnru5tees have assessed the risks to which the charity is exposed, both in terms of financial and operational matters 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 assessments have been carried out for all operational processes. Related parties and co-operation with other organlsations: 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 services and to influence wider change. We strive to implement this at all levels of the organisation and undertook significant co-production activity in the development our strategic plan. People who use our services take part in staff recruitment and task groups with our trustees, colleagues, and volunteers. We also support people to contribute to learning sessions and Share their experiences of progression at external events. We champion fair recruitment practices and actively encourage people with lived experience of multiple disadvantage to apply for volunteering and employment opportunities in our organisation. Page 5
Docusign Envelope ID.. 3350A040-G2E9-485D-8EAg-A349gB8E6D76 back on track > Back on Track Manchester Limited A review of our achievements and performance In 2024-25, 1070 people from across Greater Manchester attended a session of training, teaching, or one- to-one sUPPOrt and advice at Back on Track. Back on Track has grown significantly 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. 1.07Lr 1070 people attended Buck on Track. a 72°/0 increuse on the previous year. 461 2021 2023 21)24 Learning programme Our core learning programme was more diverse than ever before. We placed a particular emphasis on mental health and learning strategies to build resilience and wellbeing, we introduced music therapy and new ways to engage with nature, and we taught life ski115 as the key to unlocking greater opportunities. Our digital inclusion programme saw u5 give out more than 50 laptops and tablets to take home and provided skills support in using the devices. This was life-changing for many people, opening up a world of possibilities. 97010 said they had gained new skills We delivered 400 hours of cookery sessions ranging from introductory home cookery and baking, to specialised training for the catering and hospitality industry and level 2 qualifications in food safety. We also integrated beginners, maths skills into cookery sessions so that cooking acts as a gateway into functional skills development as well as constituting an essential life skill in its own right. Irii Swan Kitchens café and training kitchen was 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 acce55 volunteering opportunities. The c05t-of-living crisis is still very real to the people we work with. The cafe gave away kitchen equipment and free food, distributed healthy recipes and ran hands-on sessions. We also reimbursed £15,000 in the travel costs of members attending Back on Track, so poverty was never a barrier to participation. "Coming to Backon Track has helpod wlth my conlldence. ofter 8uflerin9 setback$ in lile. I'll approachtho cuteringand hospltallty industry wlth more in$lght now.- Page 6
Docusign Envélope ID.. 3350A040-C2E9-485D-8EAg-A349988E6D76 Back on Track Manchester Limited back on track > j One to one support We provided one-to-one support to 440 people. One to ones with our progression team helped people overcome barriers, work out their goals and move closer to where they wanted to get to in life. With our Manchester Wellbeing Hub for the Greater Manchester Integrated Resettlement Service, we supported people on probation to create a new, positive identity. Participants joined wellbeing activities, self- development workshops, and were supported to move on to all kinds of new opportunities. This helped to build safer communities and reduce harm. And through the Early Help for Adults programme, we supported people facing multiple disadvantage who had previously struggled to access services. 90% said they felt more connected to other people, and 89% felt more able to manage problematic drug and alcohol use. 96010 sald they had made progress towards their goals "I feel a lot more confident and don't worry as much about what people think about me." For many members who experience social exclusion and isolation. regular attendance at courses is progress, together with the improved wellbeing and social connectedness it provides. For others, engagement in our employability provision leads to more formal progression. In the last year 86 member5 attended our Work Club programme, and we saw 60 progression5 into further learning, volunteering, or employment. Influencillg employers and services We a150 worked with employers to develop fairer recruitment practices and pathways to work - and advocated to increase opportunities for people with convictions to compete for jobs. We raised awareness of this issue through forums like the Greater Manchester Good Employment Charter. We also trained local organisations on issues such as trauma-responsive practice and fair recruitment. Financial revieiv Total income in the year was £1,411,922 {2024 £1,043,821) and total expenditure was £1,361,139 (2024 £993,256) leaving a surplus of £5Q,783. Unrestricted funds carried forward at the year-end were £341,858 and restricted funds carried forward total £58,805. 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. Page 7
Docusign Envèlopè ID: 3350A040-C2E9485D-8EA9-A3499B8E6D76 back on track > Back on Track Manchester Limited Financial risk is managed through a combination of income diversif ication, positive relationships with grant and contract commissioners, and careful and strategic planning of resource management and expenditure. Effective scrutiny, monitoring and governance of the charity's finances occurs through monthly finance reports and regular Finance Committee meetings. Reserves policy and going concern Total funds held at year end £400,663 Of which restricted reserves £58,805 Unrestricted reserves £341,858 Of which free reserves £319,084 Funds designated to support service expansion £60,000 Free reserves following designation £259,084 Target range for free reserves £230,000-£280,000 Back on Track's Reserve5 and Designation Policy governs the use of the organisation's reserves in a way that safeguards the financial security of the organi5ation while enabling financial management which helps achieve our charitable purpose. It is the aspiration of Back on Track to maintain free reserves within 3 range which reflects 3-4 months, Core Operating Costs as defined in the Policy. This would provide sufficient funds to allow the charity to react to changes in income in a constructive manner. The target range for free reserves is calculated annually using a Core Operating Costs formula described in the Policy and approved by the Board. Trustees have agreed to designate £60k to support service expansion plans in 202516. The designation does not take the free reserves below the 202415 target range. 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 poliry of keeping available funds not in day-to-day use, in interest bearing deposit accounts. Plans for Future Periods Directors, staff colleagues, volunteers and members will all contribute to the implementation of Back on Track's 2025-30 Strategic Plan. In 2025 we will create an Organisational Development leadership role to support the charity through change and growth. In 2025-6 the charity welcomes a new Chief Executive Officer. David Maguire, who will lead the implementation of the strategy and guide the organisation to further increase its impact. lan 2025-30 We are committed to our work supporting people with convictions to resettle into the community. We will continue to have strong partnerships with colleagues in probation, Greater Manchester Police, forensic mental health services, voluntary sector organisations working in criminal justice, and Greater Manchester Combined Authorities. We will also continue to 5UPPOrt people experiencing multiple disadvantage and influence change in systems and services through the Early Help for Adults programmes, led by Page 8
Docusign Envelo ID.. 335OA040-G2E94858EA9-A3499B8E6076 back on track > Back on Track Manchester Limited Manchester City Council in partnership with Shelter and Big Life. Back on Track will continue to innovate; further developing and building our curriculum and partnerships, generating more ways to extend our reach through influencingi and bringing about systems change and fair chance5 for people experiencing multiple disadvantage. Learning: 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 members to gain new insight into the effects of mental health, trauma and neurodivergence on 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. We will extend our progression programmes for members and deepen our connection with employers, offering guidance to develop inclusive employment practices and new employment pathways. Support: Back on Track is commissioned to offer dedicated one-to-one support to those who need it most, to help people overcome challenges and make progress in their lives. We will continue this work alongside key VCSFE and public sector and statutory partners, sharing our expert15e in delivering trauma- responsive, values-led support. We will further develop our work within the criminal justice sector, helping to reduce harm and make our ommunity safer by supporting people with convictions to reintegrate and rebuild their lives free from offending. We will continue to deliver our Integrated Resettlement Service Wellbeing Hub and innovate through special projects working with people with convictions, while contributing to research and influencing systems change within criminal justice. Community: In 2025-6 we will deepen and expand our community through more active involvement of our members and volunteers, and closer partnerships with aligned organisations. We will implement more ways for members and volunteers to be involved in decisions at Back on Track and support more of our member5 feel confident to actively participate in communities outside Back on Track. At our learning centre, members can enjoy a nutritious meal from our café, contribute to how the centre is run, and progress into volunteering roles throughout the organisation. We also celebrate the achievements of members and volunteers at our end of term events. Our shared space agreement, created by members, means we do all of this safely and with respect for each other. Influencing.. In 2025-6 we will sharpen our focus on influencing the way others provide services, so it's not just at Back on Track where people can make positive, lasting changes. We have seen in our own organisation how inclusive employment practicesi prioritising lived experience and trauma-responsive approaches to support have created better spaces where people can flourish. We will support more of our members to be involved in 5yStem-wide coproduction projects and by sharing our insight and expertise together, we can ultimately effect positive System change. We intend to build on our highly successful external training programmes and offer more guidance and support to statutory and voluntary sector partners and the business community to open doors, change perceptions and practices. Our influencing activity will help to create fair chances and better opportunitie5 for people facing disadvantage in our community. Page 9
Docusign Envelop8 ID.. 3350A040-C2E9485D-8EA9-A3499B8E6D76 back on track > Back on Track Manchester Limited Trustees, responsibilities in relation to the financial statements The charity trustees (who are also the directors of Back on Track Manchester Limited for the purposes of company lawl are responsible for preparing a trustees, annual report and financial statements i n accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting 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 company for that period. In preparing the financial statements, the trustees are required to: Select suitable accounting principles and then apply them con515tently; Observe the methods and principles in the applicable Charities SORP; Make judgments and estimates that are reasonable and prudent,, State whether applicable accounting standard5 have been followed, subject to any material departures that must be disclosed and explained in the financial statements,. Prepare the financial statements on a going concern basis unless it is appropriate to presume that the charity will not continue in busines5. 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 (as defined by Section 418 of the Companie5 Act 2006) of which the companvs auditor5 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 OotsuglllTr•d by.. OUPWW4B31D&..-__ Trea5urer- Amanda Paterson Date: 10/27/2025 2025 Page 10
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 Manchesler Limited (the 'company') for the year ended 31 March 2025, which comprise the Statement of Financial Activity. Balance Sheet, Statement of Cash Flows and Notes to Ihe 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 2025 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 Acl 2006. 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 independenl of the company in accordance with the elhical requirements that are relevant to our audil of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with Ihese 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 directors, use of the going concern basis of accounting in the preparation of the financial slatements is appropriale. 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 company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. Our responsibilities and the responsibilities of the direclors with respect to going concern are described in the relevant sections of this report. Other information The other information comprises the information included in the Trustees, Report, other than Ihe financial slatements 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 assurance 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 information is materially inconsistent with the financial statements or our knowledge obtained in 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 there is a material misstatement in the financial statemenls 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 nolhing to report in this regard. Page11
back on track > Back on Track Manchester Limited Independent Auditor's Report to the Members of Back on Track Manchester Limited OpTnion on other matter prescrTbed 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 for the financial year for which the financial statements are prepared is consistent with the financial statements. and the Trustees, Report has been prepared in accordance with applicable legal requirements. Matters on which we are required to report by exceptTon In the light of our knowledge and undersÉanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees, Repori. We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, 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 Trustees, 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, exemplions in preparing the Trustees, Report and from the requirement to prepare a Strategic Report. Responsibilities of directors As explained more fully in the Statement of Trustees. Responsibilities set 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 internal control as the directors 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 directors are responsible for assessing the 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 directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so. Auditor's responsibilities 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 includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit condLSCted 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. Page 12
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 malerial misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows: the engagement partner ensured thal the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance wilh applicable laws and regulations., we identffied Ihe 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 financial statements or the operations of the company, including the Companies Act 2006, the Charilies Act 2011, taxation legislation and data protection, anti-bribery, employment, environmental and health and safety legislation-, we assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and inspecting legal correspondence., and that identified laws and regulalions were communicated within the audit team regularly and the team remained alert to instances of non-compliance throughout the audit. We assessed the susceptibility of the company's financial statements to material misstalement, including obtaining an underslanding of how fraud might occur, by.. making enquiries of management as to where they considered 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 analytical procedures to identify and unusual or unexpected relationships.. tested journal entries to identify unusual transactions- assessed whether judgements and assumptions made in determining accounting estimates set were indicative of potential bias., and investigated the rationale behind significant or unusual transactions. In response to the risk of irregularities 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 potential litigation and claims., and reviewing correspondence with HMRC, relevant regulators and the companWs legal advisors. A further description of our responsibililies is available on the Financial Reporting Council's website at= www.frc.org.uklauditorsresponsibilities. This description forms part of our auditor's report. Page13
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 accordance wilh Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state lo them in an auditor's report and for no olher purpose. To the fullest extent permitted by law, we do not accept or assume responsibility 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 Stalutory Auditor) McKellens Ltd 11 Riverview The Embankment Business Park Vale Road Heaton Mersey Stockport SK4 3GN Page 14
Docusign Envelope ID.. 3350A040-C2E94850-8EA9-A3499B8E6D76 back on track > BACK ON TRACK MANCHESTER LTD. (COMPANY LIMITED BY GUARANTEE) CO. REG. NO. 2735484 BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 NOTES FIXED ASSETS Tangible Fixed Assets 13 64,963 72,846 CURRENT ASSETS Stock Debtors & Prepayments Cash at Bank and in Hand 14 15 200 291.207 301.282 592.689 200 50.833 331.191 382,224 CREDITORS: Amounts falling due wlhin one year 16 256.989 256,989 105,190 105,190 NET CURRENT ASSETS 335,700 277,034 TOTAL NET ASSETS 400,663 349,880 ACCUMULATED RESERVES Unr8Stricted Funds Restricted Funds 18 18 341,858 58,805 400,663 296.808 53.072 349.880 These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. and the Financial Reporting Standard 102. Approved on behalf of the board of trusteeldirectors- Ooryuslgned by.. B08 Director.. A. Paterson Director.. G. Drakeford Date 10/27/S8gs The notes on pages 18 to 30 form part of these accounts. Page 15
Docusign Envelope ID.. 3350A040-C2E9485D-8EA9-A3499B8E6D76 back on track > BACK ON TRACK MANCHESTER LTD. (COMPANY LIMITED BY GUARANTEE) STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING THE INCOME AND EXPENDITURE ACCOUNTI FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted Restricted Total Funds Total Funds Funds 2025 Funds 2025 2025 2024 Notes INCOME FROM: Donation5 & Legacies Charitable Activities other Trading Activities Investment Income Other Income TOTAL INCOMING RESOURCES 44,620 1,066,404 23,784 6.882 4,755 1,146.445 18,000 247.477 62,620 42,840 1,313,881 969,790 23.784 23.114 6,882 6,581 4,755 1.496 1.411,922 1,043,821 265,477 EXPENDITURE ON Raising Funds Charitable activities 42,904 1,058,491 42,904 1,318,235 39,745 953,511 259,744 TOTAL 1,101,395 259,744 1.361,139 993,256 NET INCOME {EXPENDITURE) 45,050 5,733 50,783 50,565 Transfers between funds 18 NET MOVEMENT IN FUNDS 45,050 5,733 50,783 50.565 RECONCILIATION OF FUNDS Total funds brought forward 296.808 53,072 349.880 299,315 TOTAL FUNDS CARRIED FORWARD 18 341,858 58.805 400,663 349,880 The statement of financial activitie5 includes all gains and losses in the year. The notes on pages 18 to 30 fomi part of these accounts. Page 16
Docusign Envelope ID.. 3350A040-C2E9485D4EA9-A349988E6D76 back on track > STATEMENT OF CASH FLOWS FOR THE YEAR ENDING 31ST MARCH 2025 Reconclllation of net movement in funds to net cash flow from operating activitie5 2025 2024 Nel movement in funds Add back depreciation Deduct investment income Decreasellincreasel in debtors Increasel{decreasel in creditors Net cash usod In operating activilies 50.783 23.664 {6.8821 (240.3741 151,799 21,010 50,565 22.248 (5,555} 10,941 19.115 59,084 Cash flows from Investment activities: Interest Purchase of fixed assets Sale of Fixed Assets Net cash provided by investlng acllvltles 6.882 {15,7811 5,555 146.7241 {8,8991 (41,1691 Increaselldecrease) in cash and cash equivalènts during the year {29,9091 17.915 Cash and cash equivalents brought forward 331,191 313.276 Cash and cash equivalents carrled forward 301,282 331.191 Page 17
Docusign Envalope ID.. 3350A040_C2E9485D-8EA9_A3499B8E6D76 back on track > BACK ON TRACK MANCHESTER LTD. (COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES {al Basis of preparation and assessment of going concgrn The accounts (financial slalemenls) have been prepared under th8 historical cost convention with items recognised at cost or transaction value unless otherwse stated in the levant notes to these accounts. The financial slalements have been prepared in accordance with the Statement of Recommended Practice-. Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 issued January 2019 and Ihe Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 1021 and the Charities Act 2011, and the Companies Act 2006. The charity constitutes a public benefit entity as defined by FRS 102. The trustees consider that there are no ma19rial uncertainties about the charills ability to continue as a going concern. Projections for 2025126 show that the charity need to secure £100,055 of funding including donations and new sources lo meet the sel budget which allows for £56.756 of restricted reseeS and £60,000 of designated reseeS to be utilised. (b} Funds structur& Restricted funds are ftjnds which are to be used in accordance with specific restrictions imposed by the donor. When the requirements of the restricted funds are met (eg assets are purchased) the transaction is shown as a movement in fvnds from restricted to unrestricted funds. Unrestricted income funds comprise those funds which the trustees are free to use for any pUose in furtherance of the charitable objects. Unrestricted funds include designated fvnds where the trustees. at their discretion, have creal&d a fund for a specific purpose. The charity has created a designated Gapital fund to meet the future depreciation charge of Its assets. Further details of each fund are disdosed in note 18. (cl Income recognition All income is recognised once the charity has entitlement to the income, il is probable that the income will be received and the amount of income receivable can be measured reliably. Donations and grants are re¢ognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation or grant is subject to condillons that require a level of performance before the charity is enlilled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probabl8 that those conditions will be fulfilled in the reporting period. Grants, including those in restricted funds. specifying performance in future periods are deferred. Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity., this is normally upon notificatlon of the interest paid or payable by the bank. Id) Expendituré Recognition Liabilitie5 are recognised as expenditure a$ soon as thefe is a legal or constnjctive obligation committing the charity to that expenditure, it is probable that settlement will b8 required and the amount of the obligation can be measured reliably. All expenditu is accounted for on an accruals basis. All expenses including support Costs and governance costs are allocated or apportioned to th8 applicable expenditure headings. For more information on this attribution refer to note lfj below. Page 18
Docusign Envelope ID.. 3350A040-C2E9485D-8EA9-A3499B8E6D76 back on track > BACK ON TRACK MANCHESTER LTD. (COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 (e) Taxation & Irrecoverable VAT All grant income and donations are outside the scope of VAT. Contract fees 8nd certain other income are exempt 8upplies and Ih8refore the company is nol liable to be registered for VAT. Irrecoverable VAT on expenditure is attributed to Ihe category of expenditure on which it is incurred. No provision has been made for taxalion as ex8mplion has been granted by HMRC from taxation under Sections 466 10 493 of the Corporation Taxes Act 2010 or Section 256 of the Taxation of Capital Gains Act to the extent that Surpluses and gains arg applied for charitable ptsrposes. lfj Allocation of support and governance ¢o$ts Support costs have been allocated between governance costs and other support costs. Govemance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practice. These costs include costs related to independent examination and legal and professional fees together with an apportionment of overhead and support costs. Governance costs and support costs relating to charitable activities have been apportioned based on staff time and the usage of facilities and services for management purpose5. The allocation of support and governance costs is analy5ed in note 10. Ig) Costs of raising funds The costs of raising funds consists of staffing, cosl of sales and overheads for delivery of training, and running the non-funded element of the café. (h) Charitable Actlvltles Costs of charitable activities include govemance costs and an apportionment of support costs as shown in note 9. (i) Tangible fixed assets and depreciatlon All assets costing more than £500 ore capitalised and valued at historical cosl. Depreciation is charged on the following basis.. Leasehold Improvements 1 ODA on cost Plant & Equipment 25°/o on cost The lolal of any capital grants are recognised in the Statgment of Financial Activities in the year they are recelved, as required by the SORP, and not deferred over Ihe life of the related assets. ui stock Stock is stated at the lower of cost and net realisable value on a first in first out basis. Ikl Dgbtors Trade and other debtors are recognised at settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any Irade discounts due. {1) Creditors and Provisions Creditors and provisions are recognised where the charity has a present obligalion resulting from a past event that will probably result in the transfer of funds to a third party and th8 amount due lo settle the obligation can be measured or estimated reliably. Creditors and provisions are nomially recognised at their settlement amount after allowing for any trade discounts due. (rn) Realised gains and losses All gains and losses are taken lo the Statement of Financial Activities as Ihey arise. Realised gains and losses on investments are calculated as the difference belw8en sa18s proceeds and their opening carrying values or their purchase value if acquired subsequent to the first day of the financial year. Unrealised gains and losses are calculated as the difference between the fair value at Ihe year end and their varying value. Realised and unrealised investment gains and losses are combined in the Statement of Financial Activities. Page 19
Dowsign Envelope ID.. 3350A04C2E94BSD-8EA9-A3499B86D76 back on track > BACK ON TRACK MANCHESTER LTD. (COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 (n) Pensions The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. Contributions payable for the year a charged against the income and expenditure account. The pension scheme is an auto enrolment compliant scheme. The charity has no li8bililies beyond making its contributions and paying across the deductions for the employee's contributions. lo) Operating Leases Payments under operating leases are charged to Ihe income and expenditur8 account in the period to which they relate. (p) Contingent Ilabilitiès There were no contingent liabilities al 31st March 202512024 none). Iql Donated Services The charity has on average 40 volunteers 81 any one time assisting with reception. adminislralion, café and classrooms. No financial valug h28 been reflected in the accounts for these donated services. (r) Redundancy and terrninatlon payments The charity recognises redundancy and termination payments when their existence is reasonably certain. 2 NET INCOMING RESOURCES FOR THE YEAR 2025 2024 This is stated after charging.. Depreciation Audit Fees 23,664 4,260 22,248 3.990 Unrestricted R8Strlcted Total 2025 3 DONA TIONS & LEGACIES Donations & Gift Aid Fieldfisher Acting on Impulse 32.898 11,722 32,898 11,722 18,000 62,620 18.000 18.000 44,620 Previous Year Unrestricted Restrict8d Tot812024 Donations & Gift Aid The Robert M¢Alpine Foundation 31.599 10,000 41,599 1,241 32,840 10.000 42,840 1,241 Page 20
D(Kusign Envelope ID.. 3350A040.C2E9485D_8EA9_A3499B8E6D76 back on track > BACK ON TRACK MANCHESTER LTD. (COMPANY LIMITED B Y GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 4 INCOME FROM CHARITABLE ACTIVITIES Unrestri¢ted Restricted Total 2025 MAES- Community Leaming Fund IRS Wellbeing & Integration Service IRS Wellbeing & Integration Setvice-service User Fund MCC Early Help for Adult8 Lloyds Bank Foundalion1£8,333 bld) National Lottery- Awards for All1£17,341deferredl GMCA- Creating Change Our Manchester GMCA- GM Multiply GMCA - Inclusive Employment (£123,961 deferred) Open Work Foundation MCC- Cost of Living Revision Oglesby Charitable Trust Newby Trust MCC Work Club Garfield Weston Foundation {£5,000 deferred) Henry Smith Charity (£30.000 deferred} The Albert Gubay Charilable Foundation1£17,500 deferred) Criffel Charitable Trust The Edward Holt Trust {£6,385 deferred) Historic England Albert Hunt Trust CRH Charitable Trust Dowager Countess Eleanor Peel Trust Southall Trust 29th May 1961 Charitable Trust Austin & Hope Pilkinglorb Trust1£3,750 deferred) Other Social Contracts Other grants under £5,000 165,356 534,434 165,356 534,434 5,786 155,159 8,333 2,477 96,521 56,321 25.551 6,039 15.000 13,500 10,000 17,053 20.000 6,600 35,000 40,000 5,786 155,159 8.333 2,477 96.521 56,321 25,551 6,039 15,000 13,500 10,000 17,053 20.000 6,600 35.000 40,000 35,000 35.000 5,000 2,128 9.618 7,500 5.356 5,000 5,000 5.000 1,250 3,000 16,899 1,313,881 5,000 2,128 9,618 7,500 5,356 5,000 5.000 5.000 1.250 3.000 12,250 1,066,404 4.649 247,477 Page 21
Docusign Env81op6 ID.. 335OA040-C2E9485D-8EA9-A349988E6D76 back on track > BACK ON TRACK MANCHESTER LTD. (COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Previous Year.. INCOME FROM CHARITABLE ACTIVITIES Manchester Adult Education Service NLDC GM Inlegraled Rehabilitation Sorvi¢e Lloyds Bank Foundation1£8,333 deferred) North West Probation Trusts- ESFINOMS Changing Futures Our Manchester GMCA- GM Multiply National Lottery Reaching Communities National Lottery Cost of Living National Lottery- Awards for All Oglesby Charitable Trust IRS Service User Fund {£951 deferred) Just Life Postcode Neighbourhood Trust MCC Work Club Garfield Weston Foundation Henry Smith Charity (£10.000 deferred and released) GMCVO Edward Gostling Foundation The Albert Gubay Charitsble Foundation Evan Cornish Foundation The Edward Holt Trust Green Hall Foundation Dowager Countess Eleanor Peel Trust Forresler Family Trust The Clothworters, Foundation Other Social Contracts Other grants under £5,000 Unrestricted Restricted Total 2024 175,597 175,597 344.535 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 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 5 INCOME FROM OTHER TRADING ACTIVITIES Unrestrictod Restricted 2025 Unrestricted Restricted 2024 Café Training Room Hire 22,656 1,078 50 23.784 22,656 1,078 50 23,784 21.370 1.374 370 23,114 21,370 1,374 370 23,114 2025 2024 6 INVESTMENT RECEIVABLE Bank Interest Receivable 6.882 6.581 7 OTHER INCOME Unrastrlcted Restricted 2025 Unrestricted Restricted 2024 Student Placements Contribution towards toilet refurbishment Access cost reimbursement Miscellaneous 1.260 1.260 3.810 500 445 4.755 3.810 500 445 4,755 236 1,496 236 1,496 Page 22
Dqcusign Enelope ID.. 3350A040-C2E9485D-8EA9-A3499B8E6D76 back on track > BACK ON TRACK MANCHESTER LTD. (COMPANY LIMITED BY GUARANTEE> NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 8 EXPENDITURE ON RAISING FUNDS Café & Catering Skills Core Total 2025 Total 2024 Wages & Salarles Café & catering Stock costs Rent & Service Charge Cleaning Materials Repairs & Renewals Course Materialg Staff Travel Support Costs Bad D8bls Fundraising Costs Training 25,529 25,529 8.371 4,268 1,852 1,081 22,833 7,233 3,896 1,249 2,160 14 8,371 4,268 1,852 1,081 603 603 1,076 75 1,130 79 39.745 471 471 721 42,904 721 12,636 30,268 Restricted Unrestricted Total 42,904 42,904 39,745 39.745 P8ge 23
Docusign Envelope ID". 3350A040-C2E9485D-6EA9-A3499B8E6D76 back on track > BACK ON TRACK MANCHESTER LTD. (COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 g EXPENDITURE ON CHARITABLE ACTIVITIES Café & Welfare, Caterlng Education & Skills Tralnlng Total 2025 Employment Costs Recruitment & DBS Checks Freelance Tutors External Staffing Other Staff & Project Costs Room & Venue hire Rent & Service Charge Ratas & Water Light & Heat Repairs & Renewals Cleaning FloorArea Telephone By Prq8cI Travelling Expenses By Proigct Volunteer Expenses By Prtii@ct Student Expenses By Project Training 8y Prq8cI Workshops By Frqe¢l Course Materials & Accreditation Costs By Projscl Service User Welfare By Project Service User Equipment Support Costs Governance Costs Staff fime &aff fime Staff Time By Project By ProigGE 36,250 857,806 2,813 32.675 7,584 1.841 13,185 81,083 6,277 24.628 4.912 4,074 5.600 995 1.594 21,615 9.498 2,000 11,790 6,031 894,056 2,813 32.675 7,584 1,841 13,185 81,083 6,277 24.628 4,912 4,074 5,600 995 4,026 21,615 9.498 2,000 11,790 6.031 FloorAr88 FloorArea FloorArg8 FloorAffta 2,432 721 169.338 13,485 1,278,832 220,341 1,058,491 1,278.832 170,059 13,485 1,318,235 259,744 1,058.491 1,318,235 39,403 39.403 Restricted Unrestricted Total 39,403 Previous Year Total 2024 Employment Costs Recruitment & DBS Checks Freelance Tutors other Staff & Project Costs Room & Venue hire Rent & Service Char9e Rates & Water Light & Heal Repairs & Renewals Cleaning Telephone Travelling Expenses Volunteer Expenses Student Expenses Training 3yPmject Course Materials & Accreditation Cosls By Project Food & Drink By Pmfvct Service User Welfare By Project Service User Equipment 8y Prolgcl Support Costs Govemance Costs staff riffle 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 12.246 953.511 598,510 355,001 953.511 staff Time Slam Time $18ff Tirne By Prtyacl FloorATra FloorAFP8 FIoDrArea Floorkna FloorAree By Prtyécl By Proiecl By Prol8cI 500 1,000 3.047 8,690 30 113,146 12.246 933.723 578,722 35S,001 933,723 19,788 19,788 Restricted Unrestricted Total 19.788 Page 24
Docusign Eniielope ID.. 3350A040-C2E9485D-8EAg-A3499B8E6D76 back on track > BACK ON TRACK MANCHESTER LTD. (COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 10 ALLOCATION OF GOVERNANCE AND SUPPORT COSTS Governan¢• Costs Support Costs Total 2025 Management & Admin Salaries Computer Costs Subscriptions Minor Equipment Printing, Post and Stationery Book-keeping & Accountancy Support Payroll Costs HR Costs Insurance Interest Paid Sundry Depreciation Audit & Accountancy Bank Charges & Interest TOTAL staff Tim8 101,449 19,491 353 3,563 4,551 4,804 3,357 2,790 3.907 59 2,071 23.664 6.862 108,311 19,491 353 3,563 4.551 4,804 3,357 2,790 3,907 59 2,071 23.664 5,850 773 183,544 DIGE Dired Direci DI¢t Dffr8Ct r&¢t Direct D1cl Dirsd rect Dltsct Govemance 5,850 773 13.485 Govomance 170,059 Restricted Funds Unrestricted Funds Total 721 169,338 170.059 721 182,823 183.544 13.485 13,485 Governance Cost5 Previous Year Support ¢o$t5 Total 2024 Management & Admin Salaries Computer Costs Subscription5 Minor Equipment Printing. Post and Slalionery Book-keeping Payroll Costs HR Costs Insurance Publicity Sundry Depreciation Audit & Accountancy Bank Charges & Interest TOTAL Slaff Tim8 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 5,378 794 125,392 Direct DNreGt Dir&ct Dir8Ct Dir8Ct Dirnct Dirnct Direct Dlrect D8¢t Govem8n¢e 5,378 794 12,246 Govemance 113.146 Restricted Funds Unrestricted Funds Total 86.772 26,374 113,146 86,772 38,620 125,392 12,246 12,246 Included within audit and accountancy is £4,260 (2024 £3,990) relating to the audil of the charity's accounls. No other fegs are payable to the auditors. Page 25
Docusign Envelope ID.. 3350A040_C2E94850_8EA9_A3499B8E6D76 back on track > BACK ON TRACK MANCHESTER LTD. (COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 11 STAFF COSTS 2025 2024 Wages and Salaries Social Security Costs Pension Costs 897.457 83,248 47,191 1,027,896 661,581 56,430 29,903 747,914 No employee eamed £60.000 per annum or more. Neither the Chair nor any other directors received any remuneration for their services or pension contribution during the year. The charity considers its key staff comprises the Chief Executive, Deputy Chief Executive and two Service Managers. The remuneration, including employers NICS and pension contributions, of key staff in the year was £196,96712024 £140,132) The average number of employees during the year, excluding directors and voluntary staff wa5.. Management, Teaching & Administratlon 29 26 12 TRUSTEES. REMUNERATION AND EXPENSES No remuneration has been paid or is due lo be paid to any of the directors In respect of the period. No reimbursement of expenses has been made or is due to be made to any of the directors in respect of the period. 13 FIXED ASSETS Leasehold Plant & Improvements Equipment Total COST At 1 April 2024 Additions Disposals Al 31 March 2025 164,247 4.133 95,936 11.648 260.183 15,781 168,380 107,584 275,964 DEPRECIATION At 1 April 2024 Provided in the year Disposals At 31 March 2025 127,680 9,454 59,657 14,210 187,337 23,664 137.134 73,867 211,001 NET BOOK VALUE Al 31 March 2025 At 31 March 2024 31,246 36,567 33,717 36,279 64,963 72.846 14 STOCK 2025 2024 At lower of cost and nel realisable value 200 200 15 DEBTORS & PREPAYMENTS 2025 2024 Trade Debtors Accrued Income Prepayments 108.997 174,767 7,443 291.207 173,751 117.456 291.207 1,983 37,339 11.511 50,833 6,777 44.056 50,833 Restricted Unrestricted Page 26
Docusign Envelope ID". 3350A040-C2E94850_8EA9_A349988E6D76 back on track > BACK ON TRACK MANCHESTER LTD. (COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 16 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade Creditors Social Security and Other Taxes Accnjals Deferred Income 7,474 22,415 12,301 214,799 256,989 216,799 40,190 256,989 24.373 15,001 28,309 37,507 105.190 29,174 76.016 105,190 Restricted Unrestricted 17 DEFERRED INCOME Deferred income comprises grants in advance. Balance as at 1st April Amount released to income eamed from charitable activities Amount deferred in year Balance at 31 st March 2025 2024 37,507 95,307 137,5071 {93,6331 214.799 35.833 214,799 37,507 18 ANALYSIS OF CHARITABLE FUNDS Balance at 01-Apr-24 Balance at Outgoing 31-Mar.25 In¢oming Transfers R•stri¢ted Revenue.. GM Integrated Rehabilitation Service IRS Welbeing & Integration Service- seiCe User Fund GMCA- Creating Changè GMCA- Inclusive Employment The Albert Gubay Charitable Foundation National Lottery - Awards for All Acting on Impulse donation Austin & Hope Pilkington Trust Manchester Guardian Society Ch. Trust Historic England Oglesby Charitable Trust MCC- Work Club Gr Manchester Walking Fund CRH Charitable Trust Dowager Countess Eleanor Peel Trust The Edward Holl Trust MMU Construction R8vision Henry Smith Charity Capital.. Gr.Manchester Combined Authorities The Grand TrLtst Help the Homeless Gr Manchester Combined Auth - welfare The Clothworkers, Foundation GM Integrated Rehabilitation Servicè GMCA- Creating Change Beatrice Laing Trust 7,018 (5,3731 11.6451 1207) 5,786 96,521 6,039 35.000 2,477 18.000 1,250 2.432 9.618 17.053 6,600 1,494 5,356 5,000 2,128 723 10,000 40,000 15,5791 195,9721 16,0391 135.0001 12.1021 {2.3431 (1,7941 375 18.000 11,2501 (2,4321 (9.6181 117,0531 {6,6001 17781 {5,356) {5,0001 {2.128) 12141 {10,000) (40,000) 716 509 8,418 13,179 1,465 2,387 7,530 13,044 (1,403) (2,636) 1732) (1,685) {2,470) (3,933) 7,015 10,543 733 702 5,060 14.484 2,343 119 58.805 5,373 2,343 238 53,072 119 259.744 265,477 Unrestrlcted.. General Funds Designated Funds - expansion of service Designaeed Capital Funds 270,103 1.146.445 {66,7611 (1,092.013} 60,000 6.761 257.774 60,000 24.084 341.858 400,663 26.705 296.808 349.880 9.382 {1.101,3951 1.361,139 1,146,445 1,411,922 Page 27
Docusign Envelope ID.. 335OA040_C2E94850-8EA9_A3499B8E6D76 back on track > BACK ON TRACK MANCHESTER LTD. (COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 18 ANALYSIS OF CHARITABLE FUNDS CONT.. Previous Year Balance at 01-Apr-23 Balance at 31-Mar-24 Incoming Transfers Outgoing Restricted Revenue.. GM Integrated Rehabilitation Service Changing Futures The Albert Gubay Charitable Foundation National Lottery- Cost of Living UKH Foundalion National Lottery- Reaching Communities National Lottery - Awards for All Shears Foundation Postcode Neighbourhood Trust Donations - café Oglesby Charitable Trust IRS Service User Fund MCC- Work Club Gr Manchesterwalking Fund Schreier Foundation The Edward Holt Trust GMCVO- Trauma Just Life Henry Smith Charity Live Life lo the Full Evan Cornlsh Foundation Capital.. Gr.Manchester Combined Authorities The Grand Trust Help the Homeless Gr Manchester Combined Auth - welfare The Clothworkers, Foundation GM Integrated Rehabilitation Service Beatrtce Laing Twst 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 5.727 2,467 9,560 40,000 2,400 7.584 {13,044} 1325,0221 (47.252} {17,500) 140,000) (5.0001 18,6861 (9.9361 {5,500) {10,000) (1,241) 116,556) (8,7211 (7,1001 (1,9791 (2,000) 15.918) (2,467) (9,5601 (40,0001 {2,400) {7.584) 7,018 (2071 191 12.960 15,814 2.197 4,072 (4,542) {2,6351 1732) {1,685) {2,470) 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 Designated Capital Funds 250.205 12,971 263,176 299,315 440,284 (27,061) 1393,3251 27,061 13,327 406.652 993,256 270.103 26,705 296,808 349.880 440.284 1,043,821 Total Funds Transfers Transfers to Ihe designated capital fund a due to capital grants belng spent. See designated capital funds note ovedeaf. Purpose of Restricted Funds: GM Integrated Rehabilitation Service IRS Welbeing & Integration Setvice- Setvice User Fund GMCA- Creating Change to provide specialised support and therapy GMCA- Inclusive Employment to support people facing Multiple disadvantaga into employment The Albert Gubay Foundation towards the catering project National Lottery - Awards for All towards education courses Acting on Impulse donation towards a performing arts project GMCA Multiply towards a project providing maths education and qualifications Austin & Hope Pilklngton Trust towards the catering prolect Manchester Guardian Society Ch. Trust tOW8rds the catering project Historic England towards the untold stories of urban parks towards a rehabilitation service5 to asslsl service Users wth items and experiences promoting welfare Page 28
Docusign Envelope ID.. 335OA040.C2E9485D_8EAg_A3499B8E6D76 back on track > BACK ON TRACK MANCHESTER LTD. (COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Purpose of Restricted Funds: Oglesby Charitable Trust towards the Learner Enrichment Coordinator role MCC- Work Club towards a work club Gr Manch8st8r Walking Fund towards walking for wellbeing CRH Charitable Tfust towards learning for wellbeing Dowager Countess Eleanor Peal Trust towards wellbeing courses The Edward Holl Trust towards funding a progression l employabilily projecl MMU Construction towards construction skills Revision towards ernploymenl support Henry Smith Charity core funding Gr. Manchester Combined Authorities towards capital and related costs to make the centre Covid saf8 and towards a welfare room towards capital costs towards capital costs towards catering equipment towards café fumiture towards a catering project This fund is fully spent. The balance represents the book value of assets still to bg d8precialed in line with normal accounting practice. The Grand Trust The Clothworkers Foundation Beatrice Laing Help the Homeless Shears Foundation Designated Capital Funds 19 ANALYSIS OF NET ASSETS BETWEEN FUNDS Unrnstricto Restricted d Funds Funds Unrostricted Restricted Funds Funds Total 2025 Total 2024 Tangible Fixed Assets Current Assets Curtrent Liabilities Net Assets at 31 March 22,774 359,275 40,191 341,858 42.189 109.454 92,838 58,805 64,963 468,729 133,029 400,663 26,587 346.237 76,016 296,808 46.259 35,987 29,174 53,072 72.846 382.224 105,190 349,880 20 CONSTITUTION Th& company is limited by guarantee and does not have a share capital. In the event of a winding up all members (the truslees under the governing documents) have agreed have agreed to contribute an amount not exceeding £1. 21 CAPITAL COMMITMENTS Contracted but not provided for 10,879 4,343 22 OPERATING LEASE COMMITMENTS The total future lease payments under non-canc6llabl8 operating leases are.. Land and Buildings 2025 Equipment 2025 Total 2025 2024 Within one year Between 2 - 5 years After 5 years 1,625 2.843 122,220 268,275 42.000 432.495 123,845 271,118 42.000 436.963 78,399 180,495 4,468 258.894 A 6 year lease in respecl of the propety on the 4th floor Swan Buildings, Manchester. was signed on 25th June 2021. In addition to the rent a service charge is also payable and averages £14,900 p.a. A new 6 year lease in respect of the propety on the 3rd floor al Swan Buildings, Manchester, is effective from 1 st April 2025. Page 29
Docusign Env81ope ID.. 3350A040-C2E9485D-8EA9-A3499B8E6D76 back on track > BACK ON TRACK MANCHESTER LTD. (COMPANY LIMITED BY GUARANTEEI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 23 ULTIMATE CONTROLLING PARTY The company is under th6 conlrol of the Board of Management. The person with significant control is Gillian Patricia Drakeford. 24 FINANCIAL INSTRUMENTS The charity only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised on a transaction value and subsequently measured at their value with the exception of bank loans which are subsequently measured at an amortised cost using the effective interest method. 25 POST BALANCE SHEET EVENTS There are no significant post balance sheet events that the trustees consider would have an impact on the financial statements as presented. Page 30