Transforming lives Transforming Communities Chief Executr°ve Table Our mission is the prevention of homelessness and the provision of Housing Management services. It was set up to provide homes to vulnerable homeless individuals, young people, ex-offenders. and families by giving them advice and support to resettle them back into the communty. We have been working in partnership with Southvrdrk council for years, and there haven't been any single case or issues with the residents housed. This is a good testament to our amiable staff and volUntrs. I cannot thank you all enough. To date (BOTH has housed more vulnerable homeless people by giving them hand-holding Intensive Housing management support to manage and sustsin their tenancy. this provides plafform for responsibility and self-awareness. This is one of the biggest contributory factors to the success of preventing future homelessness, re-offending, and alleviating poverty within the community. What we do has increased opportunities for vulnerable clients to tske positive action to progress in life, improve their confidence. and engage in positive lifestyle activities needed for intensive counselling and mentoring support. Many of our residents have moved on to live independently after their tenancy ends with us, and some have furthered their education and secured job opportunities. Our trustees play a vital role in making sure that Back On Track Housing achieves its core purpose. They oversee the overall management and administration of the charity. They also ensure that Back On Track Housing has a clear strategy and that our work and goals are in line with our vision. Just as importantly, they support and challenge the executive team to enable Back On Track Housing to grow and thrive and achieve our mission. Thank you for your willingness to bring energy. enthusiasm, and commitment to your role. As part of our success story, Southwark council has approved giving us a fund called Incentive payment fund to cater for the Chief Executive's salary to help continue in his role capacity to implement operational strategies and policies. and monitor and evaluate our full implementation towards our mission in alleviate 1meleSSnesS within our communtties and enhancing lives of vulnerable person's. We are now working towards securing properties owns by BOTH as a property owners this will usher us into a new level of achievement in a very near future while increases in managing more of Housing association properties within UK would be beneficiary. This next step is neSSary for our growth. we are inundated with numerous referrals from council's and self-referrals. Our coming years a full of excitement and gives me the opportunity to work harder with you all to fulfilled our purpose within this commission. Thank you and God bless. Yours sincerely Chief execut
Transforming Life's Transforming Communities
Back on Track Housing
Charity Number: 1160154
Report of the Trustees and Accounts Reviewed and Confirmed by an Independent Accountant Period of accounts
Start date: 02[nd] January 2024
End date: 01[st] January 2025
~~Email: mbalfeb@aol.com~~
VJ
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----- Start of picture text -----
|||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Unrestricted|Restricted|2024|2024|
|Funds|Funds|Total funds|Total funds|
|Note|£|£|£|£|
|I|Incoming|ncoming|R|Resources|esources|
|Gifts,donations & Incoming resources|-|
|Other trading activities|206,681|60,000|266,681|184,842|
|-|
|-|
|T|Total|otal|I|Incoming|ncoming|R|Resources|esources|206,681|60,000|266,681|184,842|
|R|Resources|esources|E|Expended|xpended|
|Resources expended to charitable activities|144,817|144,817|152,312|
|Resources expended to other charitable acivities|68,599|17,200|85,799|70,363|
|Management and governance costs|
|T|Total|otal|P|Payments|ayments|213,416|17,200|230,616|222,675|
|N|Net|et|of|of|recipts|recipts|/(payments)|/(payments)|(6,735)|42,800|36,065|(37,833)|
|-|-|
|N|Net|et|m|movement|ovement|i|in|n|f|funds|unds|(6,735)|42,800|36,065|(37,833)|
|C|Cash|ash|f|funds|unds|l|last|ast|year|year|end|end|17,439|17,439|55,271|
|C|Cash|ash|f|funds|unds|this|this|year|year|end|end|10,705|42,800|53,505|17,439|
----- End of picture text -----
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----- Start of picture text -----
||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|2025|2024|
|Note|£|£|£|£|
|N|Non|on|-C|-C|urrent|urrent|A|Assets|ssets|
|Tangible Fixed Asset|
|C|Current|urrent|Assets|Assets|
|Cash and cash equivalents|53,505|25,790|
|T|Total|otal|Assets|Assets|53,505|25,790|
|C|Current|urrent|L|Liabilities:|iabilities:|
|-|
|Creditors: amounts falling due within one year|8,351|
|N|Net|et|current|current|a|assets|ssets|/|/|(|(liabilities)|liabilities)|53,505|17,439|
|T|Total|otal|net|net|assets|assets|/|/|(|(liabilities)|liabilities)|53,505|17,439|
|F|Funds|unds|
|-|
|Restricted funds|42,800|
|Unrestricted funds:|10,705|17,439|
|Total|funds|53,505|17,439|
----- End of picture text -----
4
1 | A Accountina ccounting p policies olicies
Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention, as modified 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 2005)applicable accounting standards, the Charities Act 2011 and the Charity (Accounts and
The charitable company meets the definition of a public benefit entity under FRS 102.
Income and Expenditure is accounted for on a cash basis
Fixed assets comprise equipment costing more than £500 or have a useful life of more than a year. Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write of each asset over its estimated useful life on the following basis:
Freehold buildings - 2% on cost or revalued amounts Computer equipment - 25% reducing balance Fixtures and fittings - 25% reducing balance Motor Vehicles - 25% reducing balance
are incoming resources for the objects of the charity without further specified purpose and are available as general funds
are subject to restriction on their expenditure imposed by their donors
| g R e s o u r c e s Incoming Resources |
||
|---|---|---|
| Unrestricted | Restricted | Total |
| Funds | Funds | Funds |
| £ | £ | £ |
| 206,681 | 206,681 | |
| 60000 | 60,000 | |
| 0 | ||
| 206,681 | 60,000 | 266,681 |
with Wes 5 Ofice
==> picture [454 x 322] intentionally omitted <==
----- Start of picture text -----
|||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Direct Costs|Support Costs|Total|
|£|£|£|
|Resource expended to charitable activities|144,817|-|144,817|
|Resources expended to other charitable activities|68,599|68,599|
|T|Total|otal|i|income|ncome|from|from|charitable|charitable|a|activities|ctivities|144,817|68,599|213,416|
|S|Support|upport|C|Costs|osts|
|2025|2024|
|Total|Total|
|£|£|
|Support Costs|68,599|70,363|
|-|
|-|
|68,599|70,363|
|G|Governance|overnance|Costs|Costs|2025|2024|
|Total|Total|
|£|£|
|Accountancy|275|250|
|Legal and professional fees|-|-|
|250|250|
----- End of picture text -----
There were no trustees' remuneration or other benefits for the year ended 1st January 2025.
==> picture [378 x 118] intentionally omitted <==
----- Start of picture text -----
||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|S|STAFF|TAFF|COSTS|COSTS|2025|2024|
|66,916|51,490|
|Salaries and Wages|66,916|51,490|
|C|Cash|ash|a|at|t|B|Bank|ank|2025|2024|
|£|£|
|Cash at Bank|53,505|25,790|
----- End of picture text -----
6
Incoming Resources Movementin Resources Expended funds U Unrestricted nrestricted f funds unds £ £ £ General 266681 230,616 36,065 R Restricted estricted funds funds Restricted funds T TOTAL OTAL F FUNDS UNDS 266,681 230,616 36,065
No payment was made to the Trustees or anyother persons connected with them during this financial year in their capacityas Trustees
15 No material transaction took place between the charityand a Trustee or anyperson connected with them
8
Transforming Life's Transforming Communities
Back on Track Housing
Charity Number: 1160154
Report of the Trustees and Accounts Reviewed and Confirmed by an Independent Accountant Period of accounts
Start date: 02[nd] January 2024
End date: 01[st] January 2025
~~Email: mbalfeb@aol.com~~
VJ
==> picture [512 x 369] intentionally omitted <==
----- Start of picture text -----
|||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Unrestricted|Restricted|2024|2024|
|Funds|Funds|Total funds|Total funds|
|Note|£|£|£|£|
|I|Incoming|ncoming|R|Resources|esources|
|Gifts,donations & Incoming resources|-|
|Other trading activities|206,681|60,000|266,681|184,842|
|-|
|-|
|T|Total|otal|I|Incoming|ncoming|R|Resources|esources|206,681|60,000|266,681|184,842|
|R|Resources|esources|E|Expended|xpended|
|Resources expended to charitable activities|144,817|144,817|152,312|
|Resources expended to other charitable acivities|68,599|17,200|85,799|70,363|
|Management and governance costs|
|T|Total|otal|P|Payments|ayments|213,416|17,200|230,616|222,675|
|N|Net|et|of|of|recipts|recipts|/(payments)|/(payments)|(6,735)|42,800|36,065|(37,833)|
|-|-|
|N|Net|et|m|movement|ovement|i|in|n|f|funds|unds|(6,735)|42,800|36,065|(37,833)|
|C|Cash|ash|f|funds|unds|l|last|ast|year|year|end|end|17,439|17,439|55,271|
|C|Cash|ash|f|funds|unds|this|this|year|year|end|end|10,705|42,800|53,505|17,439|
----- End of picture text -----
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----- Start of picture text -----
||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|2025|2024|
|Note|£|£|£|£|
|N|Non|on|-C|-C|urrent|urrent|A|Assets|ssets|
|Tangible Fixed Asset|
|C|Current|urrent|Assets|Assets|
|Cash and cash equivalents|53,505|25,790|
|T|Total|otal|Assets|Assets|53,505|25,790|
|C|Current|urrent|L|Liabilities:|iabilities:|
|-|
|Creditors: amounts falling due within one year|8,351|
|N|Net|et|current|current|a|assets|ssets|/|/|(|(liabilities)|liabilities)|53,505|17,439|
|T|Total|otal|net|net|assets|assets|/|/|(|(liabilities)|liabilities)|53,505|17,439|
|F|Funds|unds|
|-|
|Restricted funds|42,800|
|Unrestricted funds:|10,705|17,439|
|Total|funds|53,505|17,439|
----- End of picture text -----
4
1 | A Accountina ccounting p policies olicies
Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention, as modified 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 2005)applicable accounting standards, the Charities Act 2011 and the Charity (Accounts and
The charitable company meets the definition of a public benefit entity under FRS 102.
Income and Expenditure is accounted for on a cash basis
Fixed assets comprise equipment costing more than £500 or have a useful life of more than a year. Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write of each asset over its estimated useful life on the following basis:
Freehold buildings - 2% on cost or revalued amounts Computer equipment - 25% reducing balance Fixtures and fittings - 25% reducing balance Motor Vehicles - 25% reducing balance
are incoming resources for the objects of the charity without further specified purpose and are available as general funds
are subject to restriction on their expenditure imposed by their donors
| g R e s o u r c e s Incoming Resources |
||
|---|---|---|
| Unrestricted | Restricted | Total |
| Funds | Funds | Funds |
| £ | £ | £ |
| 206,681 | 206,681 | |
| 60000 | 60,000 | |
| 0 | ||
| 206,681 | 60,000 | 266,681 |
with Wes 5 Ofice
==> picture [454 x 322] intentionally omitted <==
----- Start of picture text -----
|||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Direct Costs|Support Costs|Total|
|£|£|£|
|Resource expended to charitable activities|144,817|-|144,817|
|Resources expended to other charitable activities|68,599|68,599|
|T|Total|otal|i|income|ncome|from|from|charitable|charitable|a|activities|ctivities|144,817|68,599|213,416|
|S|Support|upport|C|Costs|osts|
|2025|2024|
|Total|Total|
|£|£|
|Support Costs|68,599|70,363|
|-|
|-|
|68,599|70,363|
|G|Governance|overnance|Costs|Costs|2025|2024|
|Total|Total|
|£|£|
|Accountancy|275|250|
|Legal and professional fees|-|-|
|250|250|
----- End of picture text -----
There were no trustees' remuneration or other benefits for the year ended 1st January 2025.
==> picture [378 x 118] intentionally omitted <==
----- Start of picture text -----
||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|S|STAFF|TAFF|COSTS|COSTS|2025|2024|
|66,916|51,490|
|Salaries and Wages|66,916|51,490|
|C|Cash|ash|a|at|t|B|Bank|ank|2025|2024|
|£|£|
|Cash at Bank|53,505|25,790|
----- End of picture text -----
6
Incoming Resources Movementin Resources Expended funds U Unrestricted nrestricted f funds unds £ £ £ General 266681 230,616 36,065 R Restricted estricted funds funds Restricted funds T TOTAL OTAL F FUNDS UNDS 266,681 230,616 36,065
No payment was made to the Trustees or anyother persons connected with them during this financial year in their capacityas Trustees
15 No material transaction took place between the charityand a Trustee or anyperson connected with them
8