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2023-03-31-accounts

Company number: 3596996 Charity Number: 1072216 OSCR Number: SC040577

The Back-Up Trust

Report and financial statements For the year ended 31 March 2023

“Back Up gave me the skills and confidence to go on living in a new way. It gave me the technical skills of course, with the wheelchair skills training, but more importantly the softer skills to go on with life after spinal cord injury. Back Up did a huge amount for me. It was more what they are than what they did, the positive attitude. For me every day is a disabled day, a painful day, and it would be easy not to be a part of society, but they gave me the will to carry on and learn a new way of living. Back Up had a profound impact on me, in combination with the rehab of course, but the psychology, Back Up gave me that, and without it I wouldn't be back in full time work and contributing to society.”

The Back-Up Trust Contents For the period ended 31 March 2023

Contents Page

An overview of our impact in 2022/23 .............................................................................................. 4 Welcome from Abigail Lock our CEO and Christopher Morgan our Chair of Trustees ......................... 5-6 Transforming Lives: 2021-2025 strategy .............................................................................................................. 7 How we have supported people affected by spinal cord injury .................................................................. 8-15 Financial review – how we have spent our funds ....................................................................................... 16-17 How we raised our funds ..................................................................................................................................... 18 Structure, governance and management .................................................................................................... 19-20 Statement of responsibilities of the trustees .................................................................................................... 21 Futureplans………………………………………………………………………………………………………………………………………….22 Related parties and relationships with other organisations ........................................................................... 26 Administrative information .................................................................................................................................. 27 Independent auditors report………………………………………………………………………………………………………………..29 Statement of financial activities (incorporating an income and expenditure account) ............................. 33 Balance sheet ....................................................................................................................................................... 34 Statement of cash flows ....................................................................................................................................... 35 Notes to the financial statements ...................................................................................................................... 36

The Back-Up Trust Trustees annual report For the period ended 31 March 2023

The Trustees present their report and the audited financial statements for the year ended 31 March 2023. Reference and administrative information set out on pages 26-27 forms part of this report. The financial statements comply with current statutory requirements, the memorandum and articles of association, the requirements of a directors’ report as required under company law, and the Statement of Recommended Practice - Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with FRS 102.

An overview of our impact in 2022/23

Page to include graphics detailing the following statistics:

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The Back-Up Trust Trustees annual report For the period ended 31 March 2023

Welcome from Abigail Lock, CEO

Last year we delivered the second year of Back Up’s Transforming Lives strategy. We’re incredibly proud to have achieved many of the milestones that were laid out against our three strategic goals: living confidently, thriving at any age, and staying connected.

We have a lot to celebrate. We have reached more people than ever before. In total we provided 19,253 individual support interventions to people affected by spinal cord injury. We have actively worked to expand our reach, but we have done so maintaining a focus on the quality of our service delivery and the impact.

We listen to what people affected by spinal cord injury want and seek innovative responses based on what we are toldthis ensures that we continue to provide the right support at the right time. This year with the support of our colleagues in the NHS we launched two new services. Our Children and Young People’s Information Advice and Guidance service was developed in response to the specific challenges parents reported when their child or young person has a spinal cord injury. Whilst, our new Family Rehab service is designed to provide intensive support to family members in the early days post injury to help get family plans back on track.

But there is more work to do as we want to be there for everyone affected by spinal cord injury. We’re reaching more and more communities through our increased regional presence, and for the first time we now have dedicated team members in Wales and the West Midlands who join our existing regional team and we are working towards having a dedicated member of the Back Up team in every UK region, allowing us to better reach people who do not make it to specialist spinal centres.

It has been a year of growth and we’re delighted to report that we have broken the £2million fundraising milestone for the first time ever in Back Up’s history. Our flagship fundraising challenges and special events continued to grow. All of this was achieved through thoughtful and careful implementation of our fundraising plan, which focuses on growing income generation to meet our future ambitions. We’re grateful for the generosity of all our supporters, our fundraising volunteers and partners, particularly during this uncertain economic climate.

In November, we welcomed Christopher Morgan, as our new chair of trustees having been on the board since February 2021. Christopher brings a wealth of commercial and legal experience having practised law in the UK, Japan and the USA . We look forward to working with Christopher to achieve our goals for 2025 and beyond.

The demand for Back Up’s services continues to rise. We know the difference that Back Up makes and are passionate about what we do which is why we will strive to meet the growing and urgent needs of people that are affected by spinal cord injury.

The Back Up team continues to be proactive, innovate and push boundaries to deliver for people affected by spinal cord injury. A big big thank you to the whole Back Up family who have supported us in the past year; our staff members, volunteers, funders and supporters who make our work possible.

Abigail Lock CEO, 2023

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The Back-Up Trust Trustees annual report For the period ended 31 March 2023

Welcome from Christopher Morgan, our Chair of Trustees

I’m absolutely delighted to be Back Up’s new Chair of the Board of Trustees. My journey with Back Up began in 2019 while I was a patient at the Queen Elizabeth National Spinal Injuries Unit in Scotland, following a spinal stroke. After spending four months in hospital, I returned home to my family and continued my work as a solicitor and company secretary. Life as I knew it had completely changed and I knew I needed to get support. I’ve seen first-hand not only the amazing support and services that Back Up provides but their unique approach. Back Up is driven by the needs of people affected by spinal cord injury.

There are lots of things which make Back Up unique but one of the things that stood out to me is Back Up’s value of having fun. In the early days post injury you can face the darkest of days. Back Up show that a positive future is possible after spinal cord injury and by so doing gives hope for the future.

In the early days, while I was still in hospital, I attended wheelchair skills training sessions as well as Back Up’s virtual “What Next?” Course. I am now a regular at the Back Up Lounge – an online space that Back Up hosts fortnightly for everyone affected by spinal cord injury.

I’m extremely passionate about the work of Back Up and am proud to be part of a community that is at the forefront of helping people adjust positively to spinal cord injury. As is my predecessor Jo Wight who I’d like to thank for her dedication, hard work and commitment over the past seven years. Jo continues to be a support to us all, and I am delighted that she has agreed to remain on the board as a trustee.

The story at Back Up this past year is a positive one. It’s been an extremely busy time for Abigail and the leadership team who have faced the curve balls and challenges of the external environment and come out stronger. The phenomenal growth in our fundraising income, the development of our additional services and the progress made against our Transforming Lives Strategy, which you can see on pages 7-15, is testament to the hard work and commitment that everyone involved in Back Up has given. I’d like to extend my thanks to Abigail for her leadership and to the whole staff team for their efforts over the past year.

I’m very much looking forward to working with the Back Up community over the years ahead to achieve our vision of a world where people with a spinal cord injury can realise their full potential.

Christopher Morgan

Chair of Trustees 2023

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The Back-Up Trust Trustees annual report For the period ended 31 March 2023

Transforming Lives Strategy 2021 – 2025

We are led by the needs of people affected by spinal cord injury which is why our strategy was developed by people affected by spinal cord injury. In fact, over 300 people helped create our strategy through workshops, surveys, and focus groups.

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The Back-Up Trust Trustees annual report For the period ended 31 March 2023

How we have supported people affected by spinal cord injury – our achievements and performance

Our charitable activities; Mentoring, Courses, Outreach and Support and Children and Young People are focused on achieving our three strategic goals.

Living Confidently - How we have supported people with a spinal cord injury to build the confidence and skills needed to get the most out of life

“The things that Back Up teaches are so vital to helping people get their lives on track again once they have overcome all those major hurdles of their recoveries."

2025 Year Aims 2022/23 Objectives Review of Progress
By 2025 we will reach all newly
injured people in the UK,
including all children and young
people. By providing support
from the beginning of the
adjustment process we can
make sure people have the
skills and confidence they need
to live life independently.		 We will have registered and
offered support to at least
1,000 people with a spinal cord
injury, including at least 30
children and young people.		 Back Up supported more
people than ever before – 1,695
adults and 145 children and
young people that were
affected by spinal cord injury.
Of these 1111 people were new
registrations and 46 were
children and young people.
Whilst we are moving closer to
our aim of being there for
everyone affected by spinal
cord injury we still have work to
do to reach the estimated 2500
people who are newly injured
each year.
We have expanded our
Outreach and Engagement
team in communities across the
UK. For the first time, we have
dedicated team members in
Wales and the West Midlands,
allowing us to better reach
people who do not make it to
specialist spinal centres.
We will have delivered at least
5,000 individual support
interventions across all services
using a range of channels and
methods.		 In total, we provided 19,253
individual support interventions
up from
13,758 times in 2021/22.
We proactively telephoned over
1,140people with spinal cord

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The Back-Up Trust Trustees annual report For the period ended 31 March 2023

injury to raise awareness of the
many ways that Back Up and
our partners can provide
support. This was unplanned
work that was made possible
due to the support of a
corporate partner.
We found new ways to reach
people when we bought
together a coalition of charities
for Spinal Cord Injury
Awareness Day with our
corporate partner RAPP. All of
the charities involved; (Aspire,
Horatio’s Garden, Regain, Spinal
Research, Cauda Equina
Champions and Wheelpower)
delivered a joint social media
campaign highlighting the
amazing support network that
is available for people affected
bySpinal Cord Injury.
By 2025 we will be more
inclusive, expanding the
number and range of our
transformative courses, online
resources and services for
people who cannot access
specialist support in spinal
centres – making them
accessible wherever they may
be in the UK.		 We will develop our What Next?
Course into a wider access
online course that reaches at
least 100 people over the
course of the year.		 What Next? Our online course
for newly injured people and
their family members to
positively adjust to life after
spinal cord injury is enabling us
to reach people wherever they
are in the UK. Unfortunately,
we were unable to secure the
funding to allow us to develop
the course into a wider access
online course. Nevertheless 54
people still accessed the course
throughout the year, up from
23 in 2021/22 and we hope to
realise our plans in 2023/24.
In total 135 people attended a
Back Up course with over 83%
achievingtheirpersonal aim.
By 2025 we will be leaders in
supporting people with a spinal
cord injury in getting back to
work and volunteering,working		 We will have developed our
three-year plan for services and
support for people with a spinal
cord injuryreturningto work;		 Working with our corporate
supporters we held our first
ever careers fair where we
bought employers together

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The Back-Up Trust Trustees annual report For the period ended 31 March 2023

collaboratively with businesses,
the NHS and other
organisations where we can
achieve more together to
provide opportunities.		 including a proof of concept for
at least one new service.		 with people affected by spinal
cord injury who are looking to
return to work.
We will deliver at least 2 Skills
for Work online courses. 50% of
people accessing our vocation
support will be in work,
education or volunteering 6-12
months after engagement		 Throughout the year we
delivered three Skills for Work
Courses.
We provided one to one
support for people, relating to
getting back to work, education
or employment 308 times.
We are delighted that an
amazing 79% of Skills for Work
participants were in work,
volunteering or education 6-12
months after the course.

Thriving at Any Age - How we have ensured people with spinal cord injury are able to reach their full potential

"My daughter has come back transferring without a board, in and out of the car and on the stair lift too!! She is more confident with her wheelchair and has gone down steps backwards (just a few) in her wheelchair."

2025 Year Aims 2022/23 Objectives Review of Progress
By 2025 we will provide
specialist advice and
information to children, young
people and their parents in
order for them to access care,
equipment and social support
to help them live well. We will
work with the NHS to ensure
that all children and young
people with spinal cord injury
receive the treatment that they
deserve through the
established Children and Young
Person’s pathway.		 We will deliver at least 100
individual support interventions
using a range of channels and
methods to children and young
people with a spinal cord injury
– including accredited
Information Advice and
Guidance support for the first
time.		 In June 2022, with NHS London
and South East, we launched an
accredited information, advice
and guidance service for newly
injured children, young people
and their parents. This service
helps ensure they get the right
support at the right time.
We have offered 587 individual
support interventions to 145
children and young people.
Working with parents and
young people we have
developed new resources on
'what I know now that I wish I
knew then.'
By 2025 we will ensure our
support will be targeted at
times of greatest need, helping
people affected byspinal cord		 90% of those attending Back Up
courses will report having
achieved their personal aim.		 83% of those attending courses
achieved their personal aim.
This is largely due to a drop in
the lastquarter of 2022,the

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The Back-Up Trust Trustees annual report For the period ended 31 March 2023

injury overcome barriers they
may face in their education,
career, family life, hobbies and
social life, so that they can live
the life they want. We will have
increased our resources for
people who are ageing with
spinal cord injury and have
established a course for newly
injured people who have
sustained a spinal cord injury
later in life.		 average for the rest of the year
remained high.
We will have developed
resources for those ageing with
a spinal cord injury.		 We’ve dedicated focussed
breakout groups at our Back Up
lounge, aimed at those ageing
with a spinal cord injury.
We will develop our outcome
measurement to better
understand and demonstrate
where our services make the
greatest impact.		 We use both pre and post
engagement measures to
understand ‘distance travelled’
as a result of our interventions
using the Duff/Kennedy (spinal
cord injury rehabilitation
model) and Shorter Warwick
Edinburgh Wellbeing Scale to
help us understand our
performance more broadly and
benchmark against the general
population.
100% of individuals who
engaged in three or more of
our services achieved a
significant improvement to
their wellbeing – either a 9- or
10-point improvement (out of a
total possible score of 35).
Conversely, those engaging in
less than three services tended
to achieve an average of 3
points improvement. As
comparison, in 2015 University
of Kent’s ‘Live Well’ project
found an average improvement
post engagement of 2.83 points
for those with serious health
conditions or disability.
This year we have also been
able to test the application of
social values to our work for the
first time. In the longer term
this will help us demonstrate
social return on investment.
By 2025 we will provide support
to everychild andyoung person		 90% of children we work with
will feel happier at school.		 459 one to one support
interventions have been

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The Back-Up Trust Trustees annual report For the period ended 31 March 2023

with a spinal cord injury who
wants our help to ensure that
they are fully included in their
education and that their voice is
heard in this process. We will be
there for any teacher, school,
college or university that needs
our support around inclusion
and meeting the needs of a
child or young person with a
spinal cord injury, to ensure
they have a positive education
experience.		 90% of schools that work with
us will report an improved
understanding of inclusion.		 successfully delivered to ensure
that children and young people
are fully included in education
vs TBC in 2021/22.
We have also engaged with 29
educational settings vs 26 in
2021/22. 100% reported an
improved understanding of
inclusion.
Most importantly 100% of the
children and young people Back
Up have worked with say they
are now feeling happier at
school.
We remain the only UK wide
charity with dedicated services
for children and young people
with spinal cord injury. We
continue to teach vital practical
skills.

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The Back-Up Trust Trustees annual report For the period ended 31 March 2023

Staying Connected- How we have helped connect people affected by spinal cord injury with others in a similar situation to achieve goals which matter to them

“My entire outlook has changed on life after talking to the Back Up guys. I assumed life was pretty much over after SCI but they assured me otherwise.”

2025 Year Aims 2022/23 Objectives Review of Progress
By 2025 we will provide more
in-depth one to one support to
those who are really struggling,
increasing our capacity to
mentor three times more
people with a spinal cord injury
and their family members. We
will also establish a parent
support programme and parent
mentoring. This will involve
sharing experiences and
parents being provided with
practical support to help them
come to terms with what has
happened, and adjust positively
to life post-injury.		 We will launch a new digital
solution that will help us to
facilitate at least 300 mentoring
relationships.		 In April 2022 we launched
Mentorloop, an online
mentoring programme,
allowing us to better connect
our mentors and mentees.
We established 203 mentoring
relationships an increase from
184 in 2021/22.
Whilst this is below where we
want to be, it shows significant
growth from the outset of our
strategy and is double the
number of people matched
with a mentor in 2019/20.
Crucially we have focused on
maintaining impact. 84% of
mentees improved in at least 5
of 7 positive coping strategies.
Thanks to the introduction of
Mentorloop, mentees can rate
the quality of their experience.
Throughout this year our
mentors scored an impressive
average of 4.52 out of 5.
We were also delighted to win a
Mentorloop Award for the ‘most
impactful mentoringservice’.
We will develop our approach
to ‘family’ mentoring; listening
to feedback to create new
solutions that will extend to
support parents of those
affected by spinal cord injury.		 We now have a Family Support
Team in Place which is driving
higher levels of referrals to our
Family Mentoring whilst also
providing other options for
family members to engage with
Back Up.

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The Back-Up Trust Trustees annual report For the period ended 31 March 2023

Working alongside parents,
children and young people we
have created new resources
aimed at supporting parents
and young people in the early
days after injury.
By 2025 we will offer the family
of each newly injured person a
‘family rehab service’. This
begins with the acute phase
through information and advice
online and in-person at
relatives’ days, to post-
discharge from the hospital,
through peer mentoring and
dedicated courses.		 We will attend or deliver 20
family support events		 Throughout the year we
delivered or attended 11 family
support events. These events
are commonly held in
partnership with NHS specialist
spinal cord injury centres. NHS
staffing capacity in some of our
partner centres has meant that
we have been unable to deliver
our goal of 20 family support
events. We have innovated to
reach family members in other
ways. In the last year 230
family members have used our
services a 77% increase from
2021/22.
Working alongside family
members we have also
developed ‘The Back Up Family
Plan.’
80% of families will report
feeling more supported as a
result of our work		 96% of family members that we
worked with say they feel more
supported and report that life
is more manageable as a result
of Back Up's support.
We will deliver at least 100
digital support interventions to
families.		 We delivered 148 digital
support interventions. This
combines our What's Next?
guide for family members and
our new online resource where
family members can pick issues
that are relevant to their
circumstances and a bespoke
information pack is generated.

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The Back-Up Trust Trustees annual report For the period ended 31 March 2023

When a loved one sustains a
spinal cord injury in the early
days the amount of information
available can be overwhelming.
We want to ensure family
members have the right
information at the right time.
By 2025 we will be integrated
into the NHS’s spinal services
rehabilitation pathway in order
to increase access to the first-
hand knowledge that comes
from living with a spinal cord
injury. We will work in
partnership with the spinal
centres’ psychology,
physiotherapy and occupational
therapy professionals for in-
patient support. We will work in
partnership with the outreach
and out- patient teams to
support those with a spinal
cord injury in other hospital
settings, and in the community.		 We will extend our NHSE Back
Up on Track model to five
SCICs.		 In August 2022 we started year
two of a three-year partnership
agreement with NHS England.
This meant extending our 'Back
Up on Track' offer to inpatients
in Stoke Mandeville, Salisbury
and Sheffield to include
inpatients in Stanmore and
Oswestry. The programme is
designed to improve
knowledge, skills and
confidence. It works with newly
injured people, family members
and centre staff to build
bespoke packages of support.
By the end of March 2023, we
had already signed up 135
patients, exceeding year two
targets of 75 participants.
Impact is measured through
pre and post engagement
measures which shows distance
travelled. At this stage, we're
delighted that 98% of
participants have shown
improvements in their
wellbeing and confidence
scores.

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The Back-Up Trust Trustees annual report For the period ended 31 March 2023

Financial review – how we have spent our funds

Charity financial position

This year we have raised £2,068,948 (2022 £1,736,909) and our expenditure was £2,093,809 (2022: £1,701,851).

Back Up relies on the generosity of our supporters and partners. We realise that some partners are keen to fund a specific charitable activity, but Back Up aims for no more than 40% in restricted income to ensure the smooth running of the charity. In 2022/23, restricted income accounted for 20% of the total.

Reserves policy and going concern

Reserves

The Trustees have agreed a level of reserves of £799k (2022: £770,000) to ensure sufficient cashflow for day-to-day activities, meet opportunities that arise over time, and mitigate any unforeseen events that could come up over the next 12 months. The Trustees also aim to maintain a minimum four-month expenditure ratio.

At the end of the financial year, total funds were £1,190,648 (2022: £1,224,044). This was made up of £1,033,606 (2022: £1,123,131) of unrestricted funds, £56,129 (2022:£0) of restricted funds and £100,913 (2022: £100,913) of endowments. .

To support Back Up’s ambitious growth strategy, the Trustees have signed off a deficit budget for the next financial year. (I.e. projected in year expenditure exceeds in year projected fundraising) This is to invest in strategic capabilities that will underpin the services expansion, and the strengthening of its governance and infrastructure, while bringing the Charity reserves in line with the desired level.

Investments

Some funds, which are above the minimum reserves limit and are not needed in the short term, are invested in the stocks and shares market mainly to mitigate the long-term risk of inflation and to maximise return to support charitable activities. The market value of the investment at the end of the year is £137,757 (2022: £144,355). The Board of Trustees review the investment performance quarterly and review the policy at least every three years.

Principal risks and going concern

Our Trustees have reviewed the major risks Back Up faces, and confirm that the following systems are in place to manage them:

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The Back-Up Trust Trustees annual report For the period ended 31 March 2023

We have a framework which is used at all levels of management to identify risks and respond to them appropriately. Our ‘risk register’ includes an assessment of key risks, causes, consequences, their likelihood and significance, and a description of how they will be managed and mitigated. The register is regularly monitored by the senior management team and the Finance, Audit and Risk committee of the board.

Our plans balance risks and opportunities. We won’t take risks that undermine our impact or the safety of our service users and volunteers, but we do want to be in a position where we can realise potential opportunities.

At the time of writing, the biggest risks we face are:

Economic uncertainty – leading to a loss of income

We have an ambitious fundraising strategy against a backdrop of rising inflation, geopolitical instability and the increase in cost of living.

This has been mitigated by:

Loss of key personnel

Our staff team make Back Up the organisation it is today. With vacancies across the UK economy at record levels, low unemployment rates coupled with wage inflation it is a challenging time to recruit.

This has been mitigated by:

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The Back-Up Trust Trustees annual report For the period ended 31 March 2023

In light of the above, and the current level of unrestricted funds, the Trustees are confident that the Charity can continue to operate in the next 12 months.

How we raised our funds

[These figures will be displayed in pie charts]

In 2022/23, with the help of our incredible donors, partners and fundraisers, we raised £2,068,948. From riding bikes, to hosting barbecues to birthday fundraisers and everything in between, hundreds of individuals have stepped up to support Back Up this year. Corporate supporters, trusts and foundations and major donors have continued to partner with us to deliver our vital services to people with spinal cord injury. Thank you all so much for everything you do.

Voluntary income £577,070 )

Our voluntary fundraising areas are:

Income from charitable activities ( £610,615 )

Income from events ( £765,112 )

o Events (£385,113) - including The City Dinner, Front Row Fashion Show and the Back Up Ball. o General Events (£379,999) - including the Spinal Circuit, The Marathon and London To Paris.

Trading Income ( £110,306 ) - This includes income from the Back Up online shop and corporate sponsorship of our services.

Other income (£5,845 )

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The Back-Up Trust Trustees annual report For the period ended 31 March 2023

Fundraising approach, regulation and complaints

Back Up is registered with the Fundraising Regulator and we comply with the standards as set out in the Code of Fundraising Practice across all of our fundraising activity. We comply with the key principles and behaviours of the Code to ensure that any vulnerable persons are treated fairly.

We gained consultancy support from third-party fundraisers in this period. Where we worked with third parties we had agreements in place to ensure compliance with Back Up’s policies and the Code of Fundraising Practice. We have commercial participator agreements in place with corporate partners where appropriate.

Our ethical donations and partnerships policy outlines our position on not accepting donations from companies or individuals where there is a conflict with our mission and values.

We received one complaint relating to one of our fundraising events this year. Our complaints policy is reviewed by the board on a three-yearly cycle and is available on our website.

Structure, governance and management

We are governed by a board of trustees which meets formally four times a year. As well as attending board meetings our trustees support us in a range of ways including supporting the development of our strategy, agreeing policies and making sure they are put into practice and providing guidance on projects.

Our trustees ensure the charity’s aims, objectives and activities remain focused on its stated purposes. The trustees have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the charity’s aims and objectives and in planning its future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives that have been set.

Our trustees ensure that all of Back Up’s charitable activities, as defined in the charity’s articles, focus on people affected by spinal cord injury in order to:

These activities are undertaken to further the Back Up Trust’s charitable purposes for the public interest.

Our trustees are all volunteers with a range of skills from diverse backgrounds. Well over half have personal experience of spinal cord injury.

Trustees who served during 2022/23 are named on page 27.

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The Back-Up Trust Trustees annual report For the period ended 31 March 2023

To support its work, the board has established three committees. Each committee meets quarterly and has a term of reference describing their roles and responsibilities. They are:

The Board of Trustees also runs a Remuneration and Nominations Committee which oversees the salary structure, sets the pay for the CEO and oversees recruitment, induction and ongoing training for trustees. The committee runs as necessary and at least annually.

All committee meetings have declarations of interests as a standing agenda item and where a conflict arises, we ensure our Conflict of Interest Policy is followed. All Trustees including the Chair have an annual performance review. This supports our trustees and governance structure to develop and make sure we are best placed to support people affected by spinal cord injury.

It is of course important for us as an organisation to stay open and accountable. In July 2022, the trustees agreed to undertake an external Governance Review. This built on an earlier self-assessment of Back Up’s Governance. Following a procurement exercise NCVO was engaged to conduct the review. Trustees and the executive team were invited to complete the Governance Wheel survey – a selfassessment tool that helps trustees to reflect on the principles of the Charity Governance Code, identifying strengths and areas where there might be improvements or changes that could helpfully take place. Interviews were also carried out with the CEO, 3 SMT members and 6 trustees, and one of the Board meetings was observed. A desktop review of past board papers and documentation was also undertaken. Overall, the review found that Back Up has strong governance processes, structures and systems with a highly skilled and committed group of trustees, CEO and staff team who have helped to grow the charity reach and income.

“There is a sense that the governance and leadership at Back Up Trust is strong. There is an experienced and committed board, working with a competent CEO and SMT. Finances are in a healthy position thanks to some significant new contracts, and policies and processes are in good health.”

“This review has found that Back Up Trust has some strong governance processes, structures and systems – with a highly skilled and committed group of trustees, CEO and staff team who have helped to grow the charity reach and income.”

Whilst no significant governance concerns were raised, we asked NCVO to support us to go from good to great to help better support the charity during a time of growth. NCVO provided a series of 25 recommendations based on best practice examples. An action plan of short, medium and longer terms actions has been created and which we are working through. For example, we have introduced a buddy system for new trustees joining the board and have refined our board papers and amended our agendas to create more opportunities for strategic discussions. We have also identified ways to

increase representation from under-represented groups when we recruit new trustees.

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The Back-Up Trust Trustees annual report For the period ended 31 March 2023

Statement of responsibilities of the trustees

The trustees (who are also directors of The Back-Up Trust for the purposes of company law) are responsible for preparing the trustees’ annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

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

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Members of the charity guarantee to contribute an amount not exceeding £1 to the assets of the charity in the event of winding up. The total number of such guarantees at 31 March 2023 was 12 (2022:11). The trustees are members of the charity, but this entitles them only to voting rights. The trustees have no beneficial interest in the charity.

21

The Back-Up Trust Trustees annual report For the period ended 31 March 2023

Future Plans

Once a year the Board of Trustees and leadership team have an away day to review strategy and discuss changes in the operating environment.

Back Up wants to be there for everyone affected by spinal cord injury. The majority of people sustaining spinal cord injury in the UK will not be admitted to specialist spinal cord injury centres. In response we will continue to expand our regional offer so that Back Up is closer to where people live.

One of our values is to build inclusive communities. Over the next year we will be focusing on what more we can do to support people with higher level injuries and remove barriers for engagement for people from black and ethnic minority communities.

With rapid changes to digital communications and AI we will be looking at how we can better harness technology to reach and support even more people affected by spinal cord injury.

In order to deliver all of the plans outlined within the transforming lives strategy, Back Up needs to grow fundraising in a sustainable way. Trustees recognise the continuing economic uncertainty and so continue to focus on long term sustainability with a diverse range of income streams which ensure that Back Up is well placed to respond to unexpected economic shocks.

We are now over halfway through delivering our Transforming Lives Strategy. The Board are starting to think about 2025 and beyond.

Each year the board agrees annual objectives that move us closer to achieving our 2025 year aims . Individual KPI’s are based on expectations of user demand, resource availability and funding.

Goal 2025 Aims 2023/24 Objectives

Living
confidently:
people with a
spinal
cord injury have
the confidence
and
practical skills to
get
the most out of
life		 By 2025 we will reach all newly injured
people in the UK, including all children
and young people. By providing support
from the beginning of the adjustment
process we can make sure people have
the skills and confidence they need to
live life independently.		 We will have registered and
offered support to at least
1,000 people with a spinal
cord injury, 150 families and
at least 75 children and
young people.
We will have delivered at
least 13,500 individual
support interventions across
all services using a range of
channels and methods.
By 2025 we will be more inclusive,
expanding the number and range of our
transformative courses, online resources
and services for people who cannot
access specialist support in spinal		 We will develop our What
Next course into a wider
access online course that
reaches at least 100 people
over the course of theyear.

22

The Back-Up Trust Trustees annual report For the period ended 31 March 2023

centres – making them accessible
wherever theymaybe in the UK.
By 2025 we will be leaders in supporting
people with a spinal cord
injury in getting back to work and
volunteering, working collaboratively
with businesses, the NHS and other
organisations where we can
achieve more together to provide
opportunities.		 We will have secured funding
for at least one new service.
We will deliver at least two
Skills for Work online courses.
50% of people accessing our
vocation support will be in
work or
volunteering 6-12 months
after engagement.

23

The Back-Up Trust Trustees annual report For the period ended 31 March 2023

Thriving at any
age:
all people with a
spinal
cord injury are
able to
reach their full
potential.		 By 2025 we will provide specialist advice
and information to children, young
people and their parents in order for
them to access care, equipment and
social support to help them live well. We
will work with the NHS to ensure that all
children and young people with spinal
cord injury receive the treatment that
they deserve through the established
Children and YoungPerson’spathway.		 We will deliver at least 1,000
individual support
interventions using a range of
channels and methods to
children and young people
with a spinal cord injury.
By 2025 we will ensure our support will
be targeted at times of greatest need,
helping people affected by spinal cord
injury overcome barriers they may face
in their education, career, family life,
hobbies and social life, so that they can
live the life they want. We will have
increased our resources for people who
are ageing with spinal cord injury and
have established a course for newly
injured people who have sustained a
spinal cord injury later in life.		 90% of those attending Back
Up courses will report having
achieved their personal aim.
We will have developed
resources for those ageing
with a spinal cord injury.
We will further develop our
outcome measurement to
better understand and
demonstrate where our
services make the greatest
impact.
By 2025 we will provide support to every
child and young person with a spinal
cord injury who wants our help to ensure
that they are fully included in their
education and that their voice is heard in
this process. We will be there for any
teacher, school, college or university that
needs our support around inclusion and
meeting the needs of a child or young
person with a spinal cord injury, to
ensure they have a positive education
experience.		 90% of children we work with
will feel happier at school.
90% of schools that work with
us will report an improved
understanding of inclusion.

24

The Back-Up Trust Trustees annual report For the period ended 31 March 2023

Staying
connected:
everyone affected
by
spinal cord injury
can
connect with
someone
in a similar
situation
to themselves, to
overcome
challenges
and achieve goals
that
matter to them		 By 2025 we will provide more in-depth
one-on-one support to those who are
really struggling, increasing our capacity
to mentor three times more people with
a spinal cord injury and their family
members. We will also establish a parent
support programme and parent
mentoring. This will involve sharing
experiences and parents being provided
with practical support to help them come
to terms with what has happened and
adjust positively to life post-injury.		 We will establish 300
mentoring relationships.
We will develop and widen
our approach to 'Staying
Connected’, listening to
feedback tocreate new
solutions that will extend to
support parents of those
affected by spinal cord
injury.
By 2025 we will offer the family of each
newly injured person a ‘family rehab
service’. This begins with the acute phase
through information and advice online
and in-person at relatives’ days, to post-
discharge from the hospital, through
peer mentoring and dedicated courses.		 We will attend or deliver 28
family support events.
80% of families will report
feeling more supported as a
result of our work.
We will deliver at least 100
digital support interventions
to families.
By 2025 we will be integrated into the
NHS’s spinal services
rehabilitation pathway in order to
increase access to the first-hand
knowledge that comes from living with a
spinal cord injury. We will work in
partnership with the spinal centres’
psychology, physiotherapy and
occupational therapy professionals for
in-patient support. We will work in
partnership with the outreach and out-
patient teams to support those with a
spinal cord injury in other hospital
settings,and in the community.		 We will extend our NHSE
Back Up on Track model to all
of England’s Spinal Cord
Injury Centres.

25

The Back-Up Trust Trustees annual report For the period ended 31 March 2023

Relationships with other organisations

Back Up is committed to collaboration. We work closely with Aspire, Spinal Injuries Scotland, Horatio's Garden, Spinal Injuries Association and other organisations to provide better support for people affected by spinal cord injury. We do this by sharing ideas and information with a view to delivering complementary services. Our staff share their expertise and training opportunities. Our partnership with Aspire means that anyone who accesses one of our organisation’s services – with their permission, automatically gains access to the services of the other.

Auditor information

Sayer Vincent LLP is appointed as the charitable company's auditor during the year and has expressed its willingness to continue in that capacity.

The trustees’ annual report has been prepared in accordance with the special provisions applicable to companies subject to the small companies' regime.

The trustees’ annual report has been approved by the trustees on 26 July 2023 and signed on their behalf by:

Richard Rawstron

Treasurer

26

The Back-Up Trust Trustees annual report For the period ended 31 March 2023

Administrative Information

Company number 3596996 Country of incorporation United Kingdom Charity number 1072216 Country of registration England & Wales, Scotland OSCR Number SC040577 Registered office and 4 Knightley Walk operational address London SW18 1GZ Our People Trustees[1] Trustees, who are also directors under company law, who served during the year and up to the date of this report were as follows: Gordon Craig (Appointed on 4th May 2022) Helen Cooke Mona Dhanjal (Resigned on 19[th] July 2022) David Fraser (Resigned on 27[th] July 2022) Anne Luttman-Johnson Christopher Morgan (Chair of Trustees, appointed 2nd November 2022) Ben Parker ** Martine Petetin (Resigned on 3[rd] May 2023) Richard Rawstron (Treasurer) Tom Roberts Rebecca Stevenson Grace Spence Green (Appointed on 4th May 2022) Joanna Wright (Chair of Trustees until 2nd November 2022) Paul Fairhurst (Appointed on 27[th] July 2022) Louise Jolliffe (Appointed on 26[th] July 2023)

In keeping with the charity’s ethos of inclusion, Back Up aims to have 50% representation on the board from people who are spinal cord injured.

President Chief Executive Abigail Lock Officer

Konrad Bartelski

** immediate family member has/had a spinal cord injury

27

The Back-Up Trust Trustees annual report For the period ended 31 March 2023

Senior Management Kevin Filby Team Salvatore La Monica (Company Secretary) Sean McCallion* Rupa Kotecha-Smith Patrons:** Mike Nemesvary * Barbara Broccoli Valerie Singleton Eric Lanlard Sophie Morgan * Martin Bell Sophie Carrigill * Claire Danson *

Volunteers

We could not operate without the support of our amazing volunteers. Whilst we can't name everyone in total, we estimate that our services, fundraising and office volunteers, alongside our trustees, have contributed 22,961 hours to our work this year. This works out at almost 957 days (21/22: 511 days), or over two and a half years’ worth of time[2] . We are extremely appreciative of the amazing support offered to us and proud of the contributions our volunteers make.

Company Secretary Salvatore La Monica

Bankers NatWest 153 Putney High St. Putney London SW15 1RX Vanguard The Walbrook Building 25 Walbrook London EC4N 8AF Auditor Sayer Vincent LLP Chartered Accountants and Statutory Auditor Invicta House 108-114 Golden Lane LONDON EC1Y 0TL

21/22 figures did not include fundraising volunteers. 22/23 764 days vs 21/22 511 days

28

Independent auditor’s report to the members of The Back-Up Trust

Independent auditor’s report

We have audited the financial statements of The Back-Up Trust (the ‘parent charitable company’) and its subsidiary (the ‘group’) for the year ended 31 March 2023 which comprise the consolidated statement of financial activities, the group and parent charitable company balance sheets, the consolidated statement of cash flows and the notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including 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:

Basis for opinion

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

Conclusions relating to going concern

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

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

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

29

Independent auditor’s report to the members of The Back-Up Trust

Other Information

The other information comprises the information included in the trustees’ annual report, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements, or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

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

Matters on which we are required to report by exception

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

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 and the Charities Accounts (Scotland) Regulations 2006 (as amended) require us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the statement of trustees’ responsibilities set out in the trustees’ annual report, the trustees (who are also the directors of the parent charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied

30

Independent auditor’s report to the members of The Back-Up Trust

that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

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

Auditor’s responsibilities for the audit of the financial statements

We have been appointed as auditor under section 44(1)(c) of the Charities and Trustee Investment (Scotland) Act 2005 and under the Companies Act 2006 and report in accordance with regulations made under those Acts.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud are set out below.

Capability of the audit in detecting irregularities

In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, our procedures included the following:

31

Independent auditor’s report to the members of The Back-Up Trust

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

Use of our report

This report is made solely to the charitable company's members as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006 and section 44(1)(c) of the Charities and Trustee Investment (Scotland) Act 2005. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Noelia Serrano (Senior statutory auditor) 2 November 2023

for and on behalf of Sayer Vincent LLP, Statutory Auditor Invicta House, 108-114 Golden Lane, LONDON, EC1Y 0TL

Sayer Vincent LLP is eligible to act as auditor in terms of section 1212 of the Companies Act 2006

32

The Back-Up Trust

Consolidated statement of financial activities (incorporating an income and expenditure account)

For the year ended 31 March 2023

For theyear ended 31 March 2023
Note
Income from:
2
4
3
5
6
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
Transfers between funds
Net movement in funds
Raising funds
Net income / (expenditure) for the year
Total expenditure
Net income / (expenditure) before net
(losses) on investments
Charitable activities
Net (losses)/gains on investments
Investments
Total income
Expenditure on:
Donations and legacies
Charitable activities
Other trading activities
Activities for raising funds		 Unrestricted

£
574,070
150,000
875,418
3,906		 Restricted
£
3,000
460,615
-
-		 Endowment
£
-
-
-
1,939		 2023
Total
£
577,070
610,615
875,418
5,845		 Unrestricted
£
399,489
179,500
702,243
80		 Restricted
£
-
453,926
-		 Endowment
£
-
-
-
1,671		 2022
Total
£
399,489
633,426
702,243
1,751
1,603,394 463,615 1,939 2,068,948 1,281,312 453,926 1,671 1,736,909
748,498
152,485		 -
1,190,887		 -
1,939		 748,498
1,345,311		 619,857
159,629		 -
920,694		 -
1,671		 619,857
1,081,994
900,983 1,190,887 1,939 2,093,809 779,486 920,694 1,671 1,701,851
(8,535)
702,411		 -
(727,272)		 -
-		 (8,535)
(24,861)		 5,282
501,826		 -
(466,768)		 -
-		 5,282
35,058
693,876
(783,401)		 (727,272)
783,401		 -
-		 (33,396)
-		 507,108
(305,695)		 (466,768)
305,695		 -
-		 40,340
-
(89,525)
1,123,131		 56,129
-		 -
100,913		 (33,396)
1,224,044		 201,413
921,718		 (161,073)
161,073		 -
100,913		 40,340
1,183,704
1,033,606 56,129 100,913 1,190,648 1,123,131 - 100,913 1,224,044

All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disclosed in Note 20 to the financial statements.

33

The Back-Up Trust

Company no. 3596996

Consolidated balance sheet

As at 31 March 2023

As at 31 March 2023
Consolidated balance sheet		 Company no. 3596996 Company no. 3596996
Note
Fixed assets:
11
12
Current assets:
15
Liabilities:
16
20a
Total unrestricted funds
Designated funds
Unrestricted income funds:
Endowment funds
Total net assets
Restricted income funds
Investments
Cash at bank and in hand
Tangible assets
Debtors
Total funds
Net current assets
Creditors: amounts falling due within one year
Funds:
General funds		 2023
2022
£
£
38,415
22,854
137,757
144,355
176,172
167,209
312,782
452,133
961,610
773,598
1,274,392
1,225,731
(259,916)
(168,896)
1,014,476
1,056,835
1,190,648
1,224,044
56,129
-
100,913
100,913
1,033,606
1,056,131
-
67,000
1,033,606
1,123,131
1,190,648
1,224,044
Group		 2023
2022
£
£
38,415
22,854
137,857
144,455
176,272
167,309
391,413
584,022
861,463
623,011
1,252,876
1,207,033
(238,500)
(150,298)
1,014,376
1,056,735
1,190,648
1,224,044
56,129
-
100,913
100,913
1,033,606
1,056,131
-
67,000
1,033,606
1,123,131
1,190,648
1,224,044
Charity
176,172
312,782
961,610		 167,209
452,133
773,598		 176,272
391,413
861,463		 167,309
584,022
623,011
1,274,392
(259,916)		 1,225,731
(168,896)		 1,252,876
(238,500)		 1,207,033
(150,298)
1,014,476 1,056,835 1,014,376 1,056,735
1,190,648 1,224,044 1,190,648 1,224,044
56,129
100,913
1,033,606
-		 -
100,913
1,056,131
67,000		 56,129
100,913
1,033,606
-		 -
100,913
1,056,131
67,000
1,033,606 1,123,131 1,033,606 1,123,131
1,190,648 1,224,044 1,190,648 1,224,044

Approved by the trustees on 26 July 2023 and signed on their behalf by

Richard Rawstron Treasurer

34

The Back-Up Trust

Consolidated statement of cash flows

For the year ended 31 March 2023

For the year ended 31 March 2023
Net (expenditure)/income for the year
(as per the statement of financial activities)
Depreciation charges
(Gains) on investments
Dividends, interest and rent from investments
Decrease/ (Increase) in debtors
Increase/(Decrease) in creditors
Purchase of investments
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year
Change in cash and cash equivalents in the year
Cash flows from operating activities
Net cash (used in) investing activities
Cash flows from investing activities:
Dividends, interest and rents from investments
Purchase of fixed assets
Net cash provided by/ (used in) operating activities		 £
£
(33,396)
15,659
8,535
(5,845)
139,351
91,020
215,324
5,845
(31,221)
(1,937)
(27,313)
188,012
773,598
961,610
2023		 £
£
40,340
10,043
(5,282)
(1,751)
(223,332)
(43,667)
(223,649)
1,751
(19,140)
(1,673)
(19,062)
(242,711)
1,016,308
773,598
2022
215,324
(27,313)		 (223,649)
(19,062)
188,012
773,598		 (242,711)
1,016,308
961,610 773,598

35

The Back-Up Trust

Notes to the financial statements

For the year ended 31 March 2023

1 Accounting policies

a) Statutory information

The Back-Up Trust is a charitable company limited by guarantee and is incorporated in United Kingdom.

The registered office address is 4 Knightley Walk, London, SW18 1GZ.

b) Basis of preparation

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

These financial statements consolidate the results of the charity and its wholly-owned subsidiary Back-Up Promotions Limited on a line by line basis. Transactions and balances between the charity and its subsidiary have been eliminated from the consolidated financial statements. Balances between the two entities are disclosed in the notes of the charity's balance sheet. A separate statement of financial activities, or income and expenditure account, or cashflow for the charity itself is not presented because the charity has taken advantage of the exemptions afforded by section 408 of the Companies Act 2006.

Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy or note.

In applying the financial reporting framework, the trustees have made a number of subjective judgements, for example in respect of significant accounting estimates. Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The nature of the estimation means the actual outcomes could differ from those estimates. Any significant estimates and judgements affecting these financial statements are detailed within the relevant accounting policy below.

c) Public benefit entity

The charity meets the definition of a public benefit entity under FRS 102.

d) Going concern

In assessing the going concern, the Trustees have considered the uncertainties that the charity could face over the next 12 months and all the severe but reasonably plausible scenarios show that there is reasonable assurance that the Charity will have sufficient funds to continue operating on a going concern basis. The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

e) Income

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

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

For legacies, they are included on the earlier of when the charity is advised by the personal representative of an estate that payment will be made or property transferred and the amount involved can be quantified or when a distribution is made.

Income received in advance of the provision of a specified service is deferred until the criteria for income recognition are met.

f) Donations of gifts, services and facilities

g) Interest receivable

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

36

The Back-Up Trust

Notes to the financial statements

For the year ended 31 March 2023

h) Fund accounting

Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund.

Unrestricted funds are donations and other incoming resources received or generated for the charitable purposes.

Designated funds are unrestricted funds earmarked by the trustees for particular purposes.

Endowment funds are held on trust and the return on investments can be spent on each restricted fund.

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

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

j) Allocation of support costs

Resources expended are allocated to the particular activity where the cost relates directly to that activity. However, the cost of overall direction and administration of each activity, comprising the salary and overhead costs of the central function, is apportioned on the following basis which are an estimate, based on staff time, of the amount attributable to each activity.

Support and governance costs are re-allocated to each of the activities on the following basis which is an estimate, based on staff time, of the amount attributable to each activity

Outreach and engagement 28%
Mentoring 14%
Courses 10%
Children Young People 10%
Cost of Raising funds 31%
Raising awareness 7%

Governance costs are the costs associated with the governance arrangements of the charity. These costs are associated with constitutional and statutory requirements and include any costs associated with the strategic management of the charity’s activities.

k) Operating leases

Rental charges are charged on a straight line basis over the term of the lease.

l) Tangible fixed assets

Items of equipment are capitalised where the purchase price exceeds £1,000. Depreciation costs are allocated to activities on the basis of the use of the related assets in those activities. Assets are reviewed for impairment if circumstances indicate their carrying value may exceed their net realisable value and value in use. Major components are treated as a separate asset where they have significantly different patterns of consumption of economic benefits and are depreciated separately over its useful life.

Depreciation is provided at rates calculated to write down the cost of each asset to its estimated residual value over its expected useful life. The depreciation rates in use are as follows:

3 years

m) Listed investments

Investments are a form of basic financial instrument and are initially recognised at their transaction value and subsequently measured at their fair value as at the balance sheet date using the closing quoted market price. Any change in fair value will be recognised in the statement of financial activities. Investment gains and losses, whether realised or unrealised, are combined and shown in the heading “Net gains/(losses) on investments” in the statement of financial activities. The charity does not acquire put options, derivatives or other complex financial instruments.

n) Investments in subsidiaries

Investments in subsidiaries are at cost.

37

The Back-Up Trust

Notes to the financial statements

For the year ended 31 March 2023

1 Accounting policies (continued)

o) Debtors

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

p) Cash at bank and in hand

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

q) Creditors and provisions

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

r) Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

2 Voluntary income

Voluntary income
Individuals
Charitable Trusts
Corporate Donations
Government Grants		 Unrestricted
£
379,441
62,500
132,129
-		 £
-
3,000
-
-
Restricted		 2023
Total
£
379,441
65,500
132,129
-		 Unrestricted
£
267,855
25,650
96,659
9,325		 £
-
-
-
-
Restricted		 2022
Total
£
267,855
25,650
96,659
9,325
574,070 3,000 577,070 399,489 - 399,489

3 Income from activities for raising funds

Income from activities for raising funds
General events
Major events
Other trading activities		 2023
Total
£
379,999
385,113
110,306		 2022
Total
£
220,513
338,085
143,645
875,418 702,243

All income from raising funds are unrestricted for 2023 and 2022.

38

The Back-Up Trust

Notes to the financial statements

For the year ended 31 March 2023

4 Income from charitable activities

Income from charitable activities
Outreach and Engagement
Children Young People
Mentoring
Garfield Weston Foundation
National Lottery Community Fund
Other Charitable Trusts
National Lottery Community Fund
Henry Smith Charity
Garfield Weston Foundation
Other Charitable Trusts
NHS England Back on Track
Agnes Hunter Trust SCIO - Scotland
Hodge Foundation
The Alice Ellen Cooper-Dean
Charitable Foundation
The Ryvoan Trust
NHS England Family Rehab Referral
Service
The Ryvoan Trust
The City of London Corporation
The Childwick Trust
Henry Smith Charity
The R S Macdonald Charitable Trust
NHS England
Other Charitable Trusts
Total income from charitable
activities
Courses
Patrick Woodall
Stewart Investors
The Big Yellow Foundation
Agnes Hunter Trust SCIO - Scotland
Arnold Clark Community Fund
Hodge Foundation
The Alice Ellen Cooper-Dean
Charitable Foundation
The D'Oyly Carte Charitable Trust
The James Tudor Foundation
Other Charitable Trusts
BBC Children in Need
St James Place Charitable
The City of London Corporation
The Childwick Trust
The City of London Corporation
National Lottery Community Fund
The Childwick Trust
Bruce Wake Charitable Trust
The Alice Ellen Cooper-Dean
The Ryvoan Trust		 Unrestricted
£
-
-
-
-
-
-
-
-
150,000
-
-
-
-		 £
33,244
-
31,389
-
-
-
-
-
-
100,000
10,000
20,000
64,981
Restricted		 2023
Total
£
33,244
-
31,389
-
-
-
-
-
150,000
100,000
10,000
20,000
64,981		 Unrestricted
£
-
-
-
-
-
-
-
-
112,500
-
-
-
-		 £
68,750
15,000
22,944
20,000
2,500
1,250
3,900
2,500
-
-
-
-
36,523
Restricted		 2022
Total
£
68,750
15,000
22,944
20,000
2,500
1,250
3,900
2,500
112,500
-
-
-
36,523
150,000 259,614 409,614 112,500 173,367 285,867
Unrestricted
£
-
-
-
-
-
-
-
-
-
-
-
-
-		 £
7,361
35,000
-
16,450
-
5,000
-
-
-
-
-
-
22,835
Restricted		 2023
Total
£
7,361
35,000
-
16,450
-
5,000
-
-
-
-
-
-
22,835		 Unrestricted
£
-
-
-
-
-
-
-
-
-
-
-
-
-		 £
-
35,000
20,000
19,156
2,500
-
2,500
2,000
1,250
1,100
4,000
5,000
27,904
Restricted		 2022
Total
£
-
35,000
20,000
19,156
2,500
-
2,500
2,000
1,250
1,100
4,000
5,000
27,904
- 86,646 86,646 - 120,410 120,410
-
-
-
-
-
-
-
-
-
-		 4,880
-
8,356
14,000
-
6,000
-
5,000
5,000
25,444		 4,880
-
8,356
14,000
-
6,000
-
5,000
5,000
25,444		 -
-
-
-
-
-
-
-
-
-		 -
-
-
14,000
33,000
8,000
3,000
-
-
34,419		 -
-
-
14,000
33,000
8,000
3,000
-
-
34,419
- 68,680 68,680 - 92,419 92,419
-
-
-
-		 -
30,075
-
15,600		 -
30,075
-
15,600		 -
-
67,000
-		 18,061
-
-
49,669		 18,061
-
67,000
49,669
- 45,675 45,675 67,000 67,730 134,730
150,000 460,615 610,615 179,500 453,926 633,426

39

The Back-Up Trust

Notes to the financial statements

For the year ended 31 March 2023

Staff costs (Note 7)
Other direct costs
Premises
Insurance
Communications
Office expenses
Finance costs
Audit/Accountancy fees
Professional fees
Trustee expenses
Depreciation
Other expenses
Support and Governance costs
Total expenditure 2023
Total expenditure 2022		 Raising
funds
£
356,221
264,715
-
-
-
-
-
-
-
-
-
-		 Charitable activities Charitable activities Charitable activities Governance
costs
£
15,976
-
-
-
-
-
-
17,270
13,901
2,083
-
-		 Support
costs
£
130,329
-
97,750
16,421
78,855
16,164
7,082
-
-
-
15,659
-		 2023
£
1,295,962
532,662
97,750
16,421
78,855
16,164
7,082
17,270
13,901
2,083
15,659
-		 2022
£
1,154,449
310,904
94,168
14,184
76,285
13,109
7,639
15,745
4,019
869
10,043
437
Outreach and
Engagement
£
323,136
51,816
-
-
-
-
-
-
-
-
-
-		 Mentoring
£
156,059
21,682
-
-
-
-
-
-
-
-
-
-		 Courses
£
115,210
133,920
-
-
-
-
-
-
-
-
-
-
249,130
41,149
290,279
240,920		 Children &
Young People
£
118,717
15,223
-
-
-
-
-
-
-
-
-
-
133,940
41,149
175,090
115,783		 Raising
awareness
£
80,314
45,306
-
-
-
-
-
-
-
-
-
-
620,936
127,562		 374,952
115,217		 177,741
57,609		 125,620
28,804		 49,230
(49,230)		 362,260
(362,260)		 2,093,809
-		 1,701,851
-
748,498 490,169 235,350 154,424 - 2,093,809 -
619,857 275,363 288,629 161,300 - - - 1,701,851

40

The Back-Up Trust

Notes to the financial statements

For the year ended 31 March 2023

Staff costs (Note 7)
Other direct costs
Premises
Insurance
Communications
Office expenses
Finance costs
Audit fees
Professional fees
Trustee expenses
Depreciation
Other expenses
Support and Governance costs
Total expenditure 2022		 Raising
funds
£
343,545
158,367
-
-
-
-
-
-
-
-
-
-		 Charitable activities Charitable activities Charitable activities Governance
costs
£
11,711
-
-
-
-
-
-
15,745
4,019
869
-
-		 Support
costs
£
108,419
-
94,168
14,184
76,285
13,109
7,639
-
-
-
10,043
437		 2022
£
1,154,449
310,904
94,168
14,184
76,285
13,109
7,639
15,745
4,019
869
10,043
437
Outreach
and
Engagement
£
191,157
19,435
-
-
-
-
-
-
-
-
-
-		 Mentoring
£
204,437
13,147
-
-
-
-
-
-
-
-
-
-		 Courses
£
120,528
78,013
-
-
-
-
-
-
-
-
-
-		 Children &
Young People
£
80,609
6,892
-
-
-
-
-
-
-
-
-
-		 Raising
awareness
£
94,043
35,050
-
-
-
-
-
-
-
-
-
-
501,912
117,687		 210,592
64,193		 217,584
71,326		 198,541
42,795		 87,501
28,530		 129,093
32,097		 32,344
(32,344)		 324,284
(324,284)		 1,701,851
-
619,599 274,785 288,910 241,336 116,031 161,190 - - 1,701,851

41

The Back-Up Trust

Notes to the financial statements

For the year ended 31 March 2023

This is stated after charging / (crediting):

This is stated after charging / (crediting):
2023 2022
£ £
Depreciation 15,659 10,043
Operating lease rentals:
Property 87,421 85,428
Auditor's remuneration (excluding VAT):
Audit 8,900 7,700
Other services 5,150 4,650

7 Analysis of staff costs, trustee remuneration and expenses, and the cost of key management personnel

Staff costs were as follows:

Staff costs were as follows:
Salaries and wages
Operating costs of defined benefit pension schemes
Training
Recruitment
Other forms of employee benefits
Social security costs		 2023
£
1,097,917
103,156
51,519
20,863
15,633
6,873		 2022
£
991,509
91,940
54,611
6,576
6,135
3,678
1,295,961 1,154,449

The following number of employees received employee benefits (excluding employer pension costs and employer's national insurance) during the year between:

£70,000 - £79,999

2023 2022
No. No.
2 1

The total employee benefits (including pension contributions and employer's national insurance) of the key management personnel were £299,422 (2022: £289,089).

The charity trustees were neither paid nor received any other benefits from employment with the charity in the year (2022: £nil). No charity trustee received payment for professional or other services supplied to the charity (2022: £nil).

Trustees' expenses represents the payment or reimbursement of travel and subsistence costs totalling £931 (2022: £411) incurred by 3 (2022: 4) members relating to attendance at meetings of the trustees. £0 of costs was incurred in the recruitment of new trustees (2022: £51). In addition there were a further £896 (2022: £407) expensed for Trustee meetings by the charity.

The aggregate figure for trustee donations in the year was £19,969 received from 13 trustees (2022: £24,344 from 14 trustees). All of these were unrestricted.

8 Staff numbers

The average number of employees (head count based on number of staff employed) during the year was 38 (2022: 34).

Staff are split across the activities of the charity as follows:

Staff are split across the activities of the charity as follows:
Support
Services
Governance
Fundraising		 2023
No.
10
24
3
1		 2022
No.
10
20
3
1
38 34

42

The Back-Up Trust

Notes to the financial statements

For the year ended 31 March 2023

9 Related party transactions

During the year the charity charged expenses of £29,044 (2022: £30,087) to Back-Up Promotions Limited, a wholly owned subsidiary of the Company. The Company also received income of £76,407 (2022: £108,044) on behalf of Back-Up Promotions Limited. The amount due from them at the year end was £105,451 (2022: £138,132).

Following an in-depth procurement process, in November 2022 the Charity has subscribed an annual licence for a Fundraising platform of which one of the trustees is a Director. The decision to subscribe to the platform was made on the basis of functionality and cost. The decision to subscribe to the platform was made at an operational level. The annual cost is £1,620 (£675 recognised as an expense in FY 22.23 and £945 held as a prepayment at the year end).

There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.

10 Taxation

The charity is exempt from corporation tax as all its income is charitable and is applied for charitable purposes. The charity's trading subsidiary Back-Up Trust Promotions Limited distributes under Gift Aid available profits to the parent charity.

11 Tangible fixed assets

Tangible fixed assets
Depreciation
At the start of the year
Additions in year
Cost
The group and charity
At the end of the year
At the start of the year
At the end of the year
At the end of the year
At the start of the year
Charge for the year
Net book value
Disposals in year
Eliminated on disposal		 Office
equipment
£
74,044
31,221
(17,859)		 Total
£
74,044
31,221
(17,859)
87,406 87,406
51,190
15,659
(17,859)		 51,190
15,659
(17,859)
48,990 48,990
38,415 38,415
22,854 22,854

All of the above assets are used for charitable purposes.

12 Investments

Investments
Fair value at the start of the year
Shares in Trading subsidiary (Note 13)
Total value of investments
Additions
Historical Cost
Fair value at the end of the year
Disposals
Net (losses)/ gain on change in fair value		 2023
2022
£
£
144,355
137,400
1,937
1,673
-
-
(8,535)
5,282
137,757
144,355
-
-
137,757
144,355
124,577
124,577
The group		 2023
2022
£
£
144,355
137,400
1,937
1,673
-
-
(8,535)
5,282
137,757
144,355
100
100
137,857
144,455
124,577
124,577
The charity
137,757 144,355 137,757 144,355
- - 100 100
137,757 144,355 137,857 144,455
124,577 124,577 124,577 124,577

Investments comprise only of UK common investment funds, there have been no transactions within the year.

43

The Back-Up Trust

Notes to the financial statements

For the year ended 31 March 2023

13 Subsidiary undertaking

The charity owns the whole of the issued ordinary share capital of Back-Up Trust Promotions Limited, a company registered in England. The company number is 02719893. The registered office address is 4 Knightley Walk, London, England, SW18 1GZ .

The subsidiary is used for non-primary purpose trading activities. All activities have been consolidated on a line by line basis in the statement of financial activities. Available profits are distributed under Gift Aid to the parent charity.

The Subsidiary is exempt from the requirements of the Companies Act 2006 relating to the audit of individual accounts by virtue of Section 479a.

Joanna Wright, Richard Rawstron and Abigail Lock were appointed as Directors of the subsidiary on 29 April 2021. Joanna Wright and Richard Rawstron are also Trustees of the parent charity.

A summary of the results of the subsidiary is shown below:


Richard Rawstron are also Trustees of the parent charity.
A summary of the results of the subsidiary is shown below:
Taxation on profit on ordinary activities
Retained earnings
Total retained earnings brought forward
Total retained earnings carried forward
Profit for the financial year
Profit on ordinary activities before taxation
Cost of sales
Assets
Liabilities
Reserves
Gross profit
Profit for the financial year
Distribution under Gift Aid to parent charity
The aggregate of the assets, liabilities and reserves was:
Administrative expenses
Management Recharge
Turnover		 2023
£
110,306
(2,578)		 2022
£
143,534
(2,830)
107,728
(29,044)
(2,277)		 140,704
(30,087)
(2,573)
76,407
-		 108,044
-
76,407 108,044
-
76,407
(76,407)		 -
108,044
(108,044)
- -
127,061
(126,961)		 156,830
(156,730)
100 100

44

The Back-Up Trust

Notes to the financial statements

For the year ended 31 March 2023

14 Parent charity

The parent charity's gross income and the results for the year are disclosed as follows:

2023 2022
£ £
Gross income 2,064,093 1,731,507
Result for the year (24,861) 35,363
15 Debtors
The group The charity
2023 2022 2023 2022
£ £ £ £
Trade debtors 65,708 214,990 39,034 208,747
Amounts due from group undertakings - - 105,451 138,132
Prepayments and accrued income 247,074 237,143 246,928 237,143
312,782 452,133 391,413 584,022

16 Creditors: amounts falling due within one year

Creditors: amounts falling due within one year
The group The charity
2023 2022 2023 2022
£ £ £ £
Trade creditors 69,483 51,095 69,370 51,095
Taxation and social security 32,915 25,652 26,212 24,606
Other creditors 31,639 15,237 31,739 15,337
Accruals 18,260 12,826 16,810 11,326
Deferred income (note 17) 107,619 64,086 94,369 47,933
259,916 168,896 238,500 150,297

17 Deferred income

Deferred income comprises of income received in advance for events taking place within 2022/23.

Balance at the beginning of the year
Amount released to income in the year
Amount deferred in the year
Balance at the end of the year		 2023
2022
£
£
64,086
89,068
(64,086)
(89,068)
107,619
64,086
107,619
64,086
The group		 2023
2022
£
£
64,086
89,068
(64,086)
(89,068)
107,619
64,086
107,619
64,086
The group		 2023
2022
£
£
47,933
53,126
(47,933)
(53,126)
94,369
47,933
94,369
47,933
The charity		 2023
2022
£
£
47,933
53,126
(47,933)
(53,126)
94,369
47,933
94,369
47,933
The charity
107,619 64,086 94,369 47,933

18 Pension scheme

The company operates a stakeholder pension scheme. Employees can make contributions to the scheme and the company contributes between 2-3% plus an additional matching amount up to a maximum of 5%. The pension cost charge for the year is £51,519 (2022: £53,390). £Nil (2022: £nil) was owing to the pension scheme at the year end.

45

The Back-Up Trust

Notes to the financial statements

For the year ended 31 March 2023

19a Analysis of group net assets between funds (current year)

Analysis of group net assets between funds (current year)
Net current assets
Net assets at 31 March 2022
Tangible fixed assets
Investments
Analysis of group net assets between funds (prior year)
Tangible fixed assets
Investments
Net current assets
Net assets at 31 March 2023		 General
unrestricted
£
22,854
144,355
888,922		 General
unrestricted
£
38,415
137,757
857,434		 £
-
-
100,913
Endowment
funds		 Restricted
funds
£
-
-
56,129		 Total funds
£
38,415
137,757
1,014,476
1,033,606 100,913 56,129 1,190,648
Designated
funds
£
-
-
67,000		 £
-
-
100,913
Endowment
funds		 Restricted
funds
£
-
-
-		 Total funds
£
22,854
144,355
1,056,835
1,056,131 67,000 100,913 - 1,224,044

19b Analysis of group net assets between funds (prior year)

20a Movements in funds (current year)

Total restricted funds
Total designated funds
William Gardner Victoria Cross Fund
Unrestricted funds:
Designated funds
General Fund
Total unrestricted funds
Alasdair Ross Memorial Fund
Endowment funds:
Total funds
Children and Young People (General Fund)
Outreach & Support
Restricted funds:
Mentoring Services
Mentoring Services (General) Fund
Courses
Outreach (General) Fund
Courses (General) Fund
Children & Young People		 At 1 April
2022
£
-
-
-
-		 Income &
gains
£
262,614
86,646
68,680
45,675		 Expenditure
& losses
£
(490,169)
(235,350)
(290,279)
(175,090)		 Gain on
revaluation
£
-
-
-
-		 Transfers
£
283,684
148,704
221,599
129,415		 At 31 March
2023
£
56,129
-
-
-
- 463,615 (1,190,887) - 783,401 56,129
50,000
50,913		 970
970		 (970)
(970)		 -
-		 -
-		 50,000
50,913
100,913 1,939 (1,939) - - 100,913
1,056,131
67,000		 1,603,394
-		 (842,518)
(67,000)		 -
-		 (783,401)
-		 1,033,606
-
1,123,131 1,603,394 (909,518) - (783,401) 1,033,606
1,224,044 2,068,948 (2,102,344) - - 1,190,648

The narrative to explain the purpose of each fund is given at the foot of the note below.

46

The Back-Up Trust

Notes to the financial statements

For the year ended 31 March 2023

20b Movements in funds (prior year)

Total restricted funds
Total designated funds
General Fund
Total funds
Mentoring Services
Unrestricted funds:
Alasdair Ross Memorial Fund
William Gardner Victoria Cross Fund
Outreach (General) Fund
Total unrestricted funds
Designated funds
Endowment funds:
Mentoring Services (General) Fund
Children & Young People
Children and Young People (General Fund)
Restricted funds:
Courses (General) Fund
Outreach & Support
Courses		 At 1 April
2021
£
73,648
18,240
24,580
44,605		 Income &
gains
£
173,467
120,660
92,069
67,730		 Expenditure
& losses
£
(275,363)
(288,629)
(240,920)
(115,783)		 Gain on
revaluation
£
-
-
-
-		 Transfers
£
28,248
149,729
124,271
3,448		 At 31 March
2022
£
-
-
-
-
161,073 453,926 (920,694) - 305,695 -
50,000
50,913		 836
836		 (836)
(836)		 -
-		 -
-		 50,000
50,913
100,913 1,671 (1,671) - - 100,913
921,718
-		 1,286,594
-		 (779,486)
-		 -
-		 (372,695)
67,000		 1,056,131
67,000
921,718 1,286,594 (779,486) - (305,695) 1,123,131
1,183,704 1,742,191 (1,701,851) - - 1,224,044

Purposes of restricted funds

The Outreach Fund provides individual support for spinally injured individuals during their rehabilitation.

The Mentoring Services Fund provides a matched mentoring service for those affected by spinal cord injury.

The Courses Fund provides a variety of courses for people with a spinal cord injury and able bodied volunteer helpers.

The Children and Young people’s funds provide services for participants under eighteen years of age.

47

The Back-Up Trust

Notes to the financial statements

For the year ended 31 March 2023

Purposes of endowment funds

With The Alasdair Ross Memorial Fund, Alasdair's family and Back Up trustees intend to create a lasting memory (for at least 10 years) of Alasdair Ross, who was Back-Up's treasurer. An expendable endowment fund of £50,000 has been established. The income generated from cash deposits or investments of the fund's assets is to be applied to support an annual winter course in memory of Alasdair Ross. The capital in the expendable endowment may be spent to support general expenditure at Trustees discretion, but only in exceptional circumstances, in consultation with the Ross Family.

The William Gardner Victoria Cross Fund is being funded from the sale of a Victoria Cross awarded to William Gardner in 1958. His family wish to create a bursary to support a tetraplegic participant and their carer on a summer course each year. This participant would be selected by the Services Team and would be the person most in need of support. The capital in the expendable endowment may be spent to support general expenditure at Trustees discretion, but only in exceptional circumstances, in consultation with the Gardner family.

The transfer between unrestricted and restricted income, is to cover the costs of the key projects, that were not fully covered by restricted funding.

Purposes of designated funds

The fund has been designated for costs related to the CYP Information, Advice and Guidance project, which was fully utilised in the

21 Operating lease commitments payable as a lessee

The group's total future minimum lease payments under non-cancellable operating leases is as follows for each of the following periods:


periods:
Less than one year
One to five years		 2023
2022
£
£
88,845
87,421
296,150
355,380
384,995
442,801
Property
384,995 442,801

22 Indemnity Insurance

Funds belonging to The Back-Up Trust have been used in the purchase of professional indemnity insurance, to protect the charity from loss arising from the neglect or defaults of its Trustees and employees. The amount paid this year is £16,421 (2022: £14,184).

23 Legal status of the charity

The charity is a company limited by guarantee and has no share capital. The liability of each member in the event of winding up is limited to £1.

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Back Up 4 Knightley Walk London SW18 1GZ

Tel: 020 8875 1805 Email: admin@backuptrust.org.uk

backuptrust @backuptrust @backuptrust

Charitable Company No 3596996 I Registered in England and Wales I Registered Charity Numbers 1072216 & SC040577 4 Knightley Walk, London, SW18 1GZ