DlreEtor StatemEnt Thp year has bEEn a challerrging One for our residpnts and communities. And as the cDst-Df-living crisis CDntinues. Dur community investment activities are mtrre important than Bver. ReflECting Dn the year. it's clear to me that Every day WE'fE turning Dur purpose Df helping PEople transforming intD action and cDntinuing tll makE a positiVE difference tD many Of lives. W8'VE madE significant progress towards meEting llur goals - to make Dur residents and Communities healthiBr. transforming and happier. We helped10 people Into work and 4 apprBntlc8shlps. 4 of our resldents ar8 now living In a private rented independent Ilving accommodBtion. tlur purpose is to hElp peDpIB lives transform. WE want to makE a positive impact in communitiBS and help our residents and customers becomE healthiEf, Wealthier and happier. We do this by working with rEsidBnts and partners tu CDmbinB Dur skills and experiEnce. so we can offer the widest possible range of SBrvices. support and opportunities. As llne of the UK'S nDt-fDr-prllfit hDusing providBrs with a histDry of prevBntion tjf homelessness, our charity plays a central role in how we invESt in our cDmmunitlES. We will CDntinue to hBlps putting PEDple and their needs at th8 C8lltre of everything w8 do. This year has be8n an important one for Back On Track HDusing, WB IDSt a year of revpnue duB tD some of Dur rEsidentS EXPBfiEnced mental hBalth breakdown illness and causes rnajor damaged to some the properties we managed on behalf of CIBriun. We'r8 becoming a more IDcally focused urganisation, but our aim rEmains thB same - tD Stay strongly connectEd to our residents and customers and keep them at the front and centre of BVErything we do. Working in partnership: We partner with Ioc81 authDritlBS, the vDlunt8ry sector and uthEr local stakeholders to bring more sErvicBs to our communiti8s. tlur local approach is supported by Dur presencB. connECtions and knuwlBdge. maximising the impact of Dur local plans. Our relationships: W8 continuB to have strDng rBlationships with a wide rangB of stakBholders and arE trusted to deliver our promises. This hElps us incre8SB Dur impact, ensuring that Dur rBsources g further. so we can creatB mDf8 SUStBinablB solutloris. I would likB to thank my colleagues and partners for the work they're doing tu support our residBnts and Communities. Looking ahead as an urganisatiDn. we have a new community strategy that CDntinues tD fDcus on what tiur residents and custDmBrs want and nBBd. But Dur aim will always be the same tD deliver the grpatest possiblE value fur Dur cDmmunitlBS SD that people can flourish. Thank you. David OgunwDIE: Chairs Back on Track Housing Housing Charity Number: 1160154 Report of the Trustees and Accounts Reviewed and Confirmed by an Independent Accountant Period of accounts nd Start date: 02 January 2023 End date: Ol" January 2024 Mlchello Ballantyne Financial Consultant FC Moblle: +44 (0)795 7286825 Email.. mbalfeb l.com BACK ON TRACK HOUSING STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD ENDED 1st January Unrestricted Restricted Funds Funds 2024 Total funds 2023 Total funds Note Incomlng Resources Gifts,donations & Incoming resources Other trading actlvlties 184,842 184,842 208,303 Total Incomlng Resource5 184,842 184,842 208,303 Resources Expended Resources expended to charitable actlvities Resources expended to other charitable acivities Management and governance costs 152,312 70,363 152,312 70,363 139,654 71,810 Totsl Payments 222,675 222,675 211,464 Net of reclpts /(payments) {37,833) (37,8331 (3,161) Net movement In funds 137,8331 137,8331 {3,1611 Cash funds last year end 55,271 55,271 58,432 Cash funds thls year end 17,439 17,439 55,271 BACK ON TRACK HOUSING STATE,EMENT OF FINANCIAL POSITION AS AT 1ST January 2024 2024 2023 Note Non-current Assets Tangible Fixed Asset Current Assets Cash and cash equlvalents Total Assets 25,790 25,790 55,271 55,271 Current Llabllltles: Credltors: amounts falling due within one year 8,351 Net current assets l (Ilabllltles) 17,439 55,271 Total net assets / {Ilabllltles) 17,439 55,271 Funds Restricted funds Unrestricted funds: 17,439 55,271 Total fvnds 17,439 55,271 BACK ON TRACK HOUSING STATE.EMENT OF FINANCIAL POSITION AS AT ISTJanuary 2024 Nam ich8118 Ballantyne Flnancial Consultant Davld Ogunwole Charlty No. 1160154 BACK ON TRACK HOUSING NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED ISTJANUARY 2024 l Accountln8 polkles Basis of measurement and preparation of accounts The financial statements have been prepared under the historical cost convention. as modlfled by the revaluation of investments and in accordance with applicable Accounting Standards. The Trustees have adopted the recommendations contained within the Statement of Recommended Practice "Accounting and Reporting by Charities" {SORP 2005lapplicable accountlng standards, the Charities Act 2011 and the Charity (Accounts and Reports) Re8ulations 2005. The charitable company meets the definition of a publlc benefit entity under FRS 102. 2 Income and Expendfture Income and Expenditure Is accounted for on a cash basls 3 TIn￿ble ftx•d assets depreclatlon pollcy Flxed assets comprise equlpment C05ting more than £500 or have a useful Ilfe of more than a year. Depreciatlon is provided, after taklng account of any grants recelvable, at the followlng annual rate5 in order to wrlte of each a55et over Its estlmated useful Ilfe on the followlng basis: Freehold buildin85 2% on cost or revalued amounts Computer equipment 25% reducing balance Flxtures and flttin85 25% reducing balance Motor Vehicles 25% reduclng balance 4 Unrestrlcted Income Funds are Incomln8 resources for the objects of the charlty wlthout further speclfled purpose and are avallable as general funds 5 Re5trlcted Income funds are subject to restrlctlon on thelr expenditure imposed by thelr donors 6 Don¥tloni, L•zacl•J •nd Slmllar Incomln8 Resourtes Unrestrlct•d Funds Restrlcted Funds Totsl Funds Oth•r In¢ome Sundry Donatlons 184,842 184,842 184W2 184,842 BACK ON TRACK HOUSING NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 1ST JANUARY 2024 Charltable Actlvlt5es Cost Dlrect Costs Support Costs Total Resource expended to charitable activities Resources expended to other charitable activities Total Income from charltable actlvities 152,312 152,312 70,363 70,363 Support Costs 2024 Total 2023 Total Support Costs 70,363 71,810 70,363 71,810 Governance Costs 2024 Total 2023 Total Accountancy Legal and professional fees 250 250 250 250 BACK ON TRACK HOUSING NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 1ST JANUARY 2024 10. TRUSTEES REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 1st January 2020. 11. STAFF COSTS 2024 51,490 51.490 2023 51,877 51,877 Salarfes and Wages 12. Cash at Bank 2024 2023 Cash ot Bank 25,790 55,271 BACK ON TRACK HOUSING NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED Isr JANUARY 2024 Incomlng Aesources Re$ources Expended Movement In funds Unre5trfcted funds General Restrlcted funds Restrlcted funds 184842 222,675 37,833 TOTAL FUNOS ## RELATED PARTY DISCLOSURES No payment Was made to the Trustees or any other persons connected wlth them durlng thls financial year in thelr Capacity as Trustees 15 No m•tsrthl tran￿￿l￿n took pl*￿ b•th•n ihe (￿rIty and • Trustee or any person conn•¢¢ed wlth th•m