Charity registration number.. 1169764 Back On Track Annual Report and Financial Ststements for the Year Ended 5 April 2024
Back On Track Contents (continued) Reference and Administrative Detsils Chalnnan's Report 2to3 Trustees, Report 4t06 Statement of Financial Activities Balance Sheet Notes to the Financlal Statements 9t014 Independent ExamlnePs Report 17
Back On Track Reference and Administrative Details Palrons Dr Aamer Khan Mark Allen AMbasd0r Salvio Cachia Trustees Lesley Reynolds Dee Carpenter Michael Rust Paula Hall Ch8rlty Registrallon Number 1169764 Prlnclpal Office 14 Devonshire Place London W1G6HX Independeni Examlner MJ Wright FCA Just Audit & Assurance Ltd 37 Market Square Witney OX28 6RE Lloyds Bank PLC 113- 117 Oxford Street London W1D2HW Bankers Page 1
Back On Track Chairman's Report As the Chair of the Charity, Back on Track. I would firstly like to take this opportunty of thanking the Board. The long ach of Covid disruption. along with the worldwide financial crisis. have meant that. yet again, much of our planned fundraising has had to be postponed or curtailed. I know how frustrating it has been for everyone who has spent so much of their tima and effort arranging events that have had to be cancelled and I can only applaud their continuing efforts lo find new and varied ways to raise funds so that we can continue with the important work of our Charity. Our biggesl disappointmenl this year was, on again, having to cancel our Kart Racing Day. This has always been the backbone of our fundraising events as Dr Khan and his wife. Lesley, were organizing this special get together for our vets before the charity was even inaugurated. The vets look forward to this event probably more than any other event in our calendar but we had to make the disappoinling decision to postpone it until next year partly because the monles needed to set it up would leave us short of funds for the vital work of looking after our beneficiaries, mental and physical health needs and partly because some of the Kart Racing Tracks have h8d to close because of a combination of the pandemic and the global financial downturn. We d8cided to put all our fundraising efforts into our Ball on 25th November 2023, which we held at the Intercontinentsl Hotel in London. This would mean thal we would have enough funds to care for our veterans during the year and Ihe hope that Ihe monies raised from our Ball would allow us to bring back our Kart Racing Day In 2024. Le8ving aslde the financlal aspecls of the year we have nevertheless managed to ensure that our beneficiarles have been looked after throughout the year. Dr Khan and hls medical team have remain8d steadfasl in their commitment to helping our veterans and Dr Khan and Lesley Reynolds Khan have, yet again. allowed us the use of their respected clinic and their talenled slaff, without any charge to our Charity. We also need to thank Mary Griffiths for all the counselling she provides to the beneficiaries who need her help as so many of them tell us how much invaluable guidance has helped them. Paula Hall remains the day-lo-day contact for our beneficiaries and they know that she is always al hand with a kind word of advice and the willingness to deal with any of their problems as quickly and efficiently as needed. Melanie Faldo and Lesley Reynolds Khan use their wonderful 'little black books, to drum up celebrity assistance (which is always so willingly given) and errange for as much celebrity support possible for our Ball and any other media events. They always have their fingers on the pulse of social media and ensure that our Charity remains in the forefront of the minds of both the public and celebrities. This celebrity sponsorship encourages other people to attend our events and brings in much needed financial support. Here I must thank our Founder Patron, Andrea McLean, for her continued backing for the Chariiy and for choosing our Charity to receive her funds whenever she appears on any programme where she can raise money for charity. Mick Rust maintains the difficult task of dealing with our finances. which is particularly unenviable in the current financial market. Dee Carpenter has once again taken on the lask of dealing wilh the endless booking and cancellation of events (without ever once losing us a depositl) along with maintaining our website and ensuring that it is appealing, engaging and contains all the necessary legal and charitable information and she copes. tirelessly, with much of the constant minutiae of arranging our fundraising events. Hayley Roberts has been invaluable as our Compliance Officer ensuring that we meet all the requirements of the Charities. Commission. We are very grateful. as a military charity, to have the support of some wonderful Chelsea Pensioners as Ambassadors of our Charity. We need to give special thanks to Chris O'connor for raising funds for us by travelling in an old banger to and from Gibraltar in spite of his age and heallh worries. He is an inspiration to us all. We also have to sadly announce the loss of another of our amazing Chelsea Pensioner Ambassadors as we lost Rick Graham this year and he will be much missed by us all. Page 2
Back On Track Chairman's Report (continued) In spite of the fact that, once again, this year was marred by financial limilations we had some wonderful financial support from Ambassadors like Chris O'connor and Patrons like Andrea McLean. We also need to make special mention of Phoenix Fun Events who kindly chose our Charity to be one of the three charilies that they supported this year and in November were kind enough to hand over a donation ¢heque to Dr Khan, in the amounl of £12,000 at an event attended by members of the Board of Trustees. We were unable to hold our usual Kart Racing Day and we also made the disappoinling decision not to hold a Carol Concert this year in spite of the pleasure we all took in it last year it is something that we decided would need a little more honing before we could hold another one as the Board fell that having two fundraisers, our Ball and a Carol Concert, within a couple of weeks of one another was both a little too much work for those involved and more importantly. too much to expect our wonderful supporters to be expected to attend so we decided that we would look to broaden our calendar and hope to find new fundraising events for 2024 during the earlier part of the ye8r. The Board were delighted by the support that we received from celebrities, Patrons, Ambassadors and beneficiaries for our Ball. It was a joyful evening which enabled our beneficiaries to meet many of those who support them throughout the year and helped lo ensure that our lovely Charity can continue to do what it does best and help those veterans that need our assistance. We are so proud of our beneficiaries and all our veterans, and we are pleased that we are able to help them in some small way. Once again, I need to thank everyone who helps, In however modest a way, with the work that our Charlty does for our beneficiaries. We are all so proud to be a small part of Ihis invaluable team and l am so graleful for the effort and lime thal every member of the Board so kindly donates to ensure thal Back on Track remains an importanl and unique chariiy dedicaled to helping our wonderful veterans. Kath149en Costeiio Ch8irof 88¢k on frack Page 3
Back On Track Trustees, Report The trustees present the annual report together with the financial statements of the charity for the year ended 5 April 2024. Objethlves and aclivlties Objects 8ndain The preservation of health, rehabilitation and resetllement into society of former members of the anned forces who have been wounded, physically or psychologically, in particular but not exclusively by providing or assisting in the provision of medical treatment (including reconstructive surgery) emotional and psychological support and facilities or other support at the discretion of the Trustees. We have worked in partnership with a number of charities, organisations and companies.. SSAFA The Not Forgotten Association The Irish Guards ll The Johnson Beharry Foundation O Soldiering on awards The Harley Street Skin Clinic Defence medical Rehabilitstion Centre (DMRC) O Lee Rigby Foundatlon Objectives, strategies and aclivlties Whilst every effort has been made to assess and advise all of those who approach the Charity, the impact of COVID has severely restricted our ability to Ireat. Consequently, our support throughout the year has focussed toward outreach seNices offering comfort, support and reassurance. Looking ahead, and as restrictions are released, we will once more take advantage of our calendar of fundraising activities that not only raise awareness but help provide the financial stability through which to operate. Fundralslng dlsclosures Back On Track is committed to high standards with regard to fundraising activity and has complied with 811 laws releting io charilies and fundraising. We are clear, honest and open about our activities and fund raising requiremenls and received no complaints about our fundraising activities during the year Back On Track does not employ any professional fundraisers or use commerclal particlpators nor do we cold-call members of the public. Other than sponsored events no fundraising aclivities are carried out on the charity's behalf by extemal parties. B8ck On Track has not signed up to any volunlary fundraising scheme or standards. however, as noted above all, of our fundraising activities are carried out to the highest possible standards. Public benellt Working with injured servicemen and women. particularly in the field of skin injuries, Back On Track seeks to offer psychological, physical and medical support to ex-members of the British forces. Such support extends to both scar and aesthetic treatments following the care afforded by the NHS. The charity can also help in other ways such as funding of equipmenl, facilities for hobbies, the provision of wheelchalrs and home alterations, eg wel rooms and accessibility needs. Page 4
Back On Track Trustees, Report (continued) The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales. Financial review PoIY on r&8eThes The charlty aims to hold sufficient reseNes to provide adequate financi81 stability and the means for it to meet its charitable obj8ctives for the near future. Total reserv8s as at 5 April 2023 were £21,833 PrinpaI funding sources The Charily's source of Income durlng thls year has en from fundraising events with activity limited by the COVID pandemic. Going concern The truslees consider that there are no material uncertaintles about the charfty's abllity to continue as going concern. Structure, governance and management Nsture ofgoveming documenl The charity is constituted as a Charitable Incorporated Organisation (CIO) and is controlled by its governing document, dated 1 April 2016. If the CIO is wound up, the members of the CIO have no liability to contribute to its assets and no personal responsibility for settling its debts and liabilities. Recrultm8nl 8ndappointment of trustees The appointment and induction of new Trustees is regularly reviewed and requires Trustees to demonstrate the way in which their expertise adds value to the work of the charity. Apart from the first charity Trustees, every Trustee musl be appolnled for a tem of two years by a resolution passed at a properly convened meeting of the charity Trustees. There is no maximum number of Trustees but there must be al least four. If the number of Trustees fall below this minimum the remainlng trustee or trustees may act only io call a meetlng of the charity to appoint new Trustees. Inducllon and tr8lnlng of trustees The charity Trustees make available to each new Trustee, on or before his or her first appointment, a copy of the current constitution and a copy of the latesl financial statemenls. together wilh Trustees, Report. Thereafter, the training requirements of the Trustees are reviewed regularly at Trustee meetings. Page 5
Back On Track Trustees, Report (continued) Staternent of Trustees. Responsibilities The trustees are rasponsible for preparing the trustees. report and the financial statements in accordan with the United Kingdom A¢untIng Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations. The18w applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the stste of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to: select suitable accounting policie5 and then apply them consistenlly., observe the methods and principles in the Charities SORP., make judgements and estimates that are reasonable and prudent. state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and prepare the financial statements on the going concern basis unless it is inapproprlate to presume that the charity will continue in business. The trustees are responsible for keeplng proper accountlng records that disclose with réasonable accuracy at any time Ihe financial position of the charity and enable Ihem to ensure that the financial stalements comply with the Charities Act 2011, the Charities {Accounts and Reports) Regulations 2008, and the provisions of the constitution. The trustees are also responsible for safeguarding the assels of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. The annual report wa approved by the trustees of the charity on .... signed on Its behalf by,. Michael R Trustee Page 6
Back On Track ststement of Financial Activities for the Year Ended 5 April 2024 Unrestricted funds Totsl 2024 Total 2023 Note Income and Endowments from: Donations and18gacies Total income 85,719 134.743 85,719 134,743 Expendlture on: Raising funds Charitabl8 activities Olher expenditure (13,063) (90,582) 9,594 (13,063) (90,582) (117,382) 14,857 Total expenditure 113,239 113,239 132,239 Net (expenditure)fincome Net movement in funds 27,520 27,520 2,504 {27,520) (27,520> 2,504 Reconclllatlon of lunds Total funds brought forward Total funds carried forward 21,832 19,329 12 5.688 5,688 21,833 All of th8 charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2023 is shown in note 12. The notes on pages 9 to 14 form an integral part of these financial ststements. Page 7
Back On Track (Registration number: 1169764) Balance Sheet as at 5 April 2024 2024 2023 Currenl assets Cash at bank and in hand 10 660 23,932 Credltors: Amounts falllng due wlthln one year Nel (Ilabllltles)lassets Funds of the charlty: Unrestricted income funds Unrestricted funds 11 6,348 2.099 5.688 21,833 5.688 21,833 Total funds 12 5,688 21,833 ancial statements on pages 7 to 14 were approved by the trustees, and authorfsed for Issue on 2D2Sand signed on their behalf by: Trustee The notes on pages 9 to 14 form an integral part of these financial stalements. Page 8
Back On Track Notes to the Financial Statements for the Year Ended 5 April 2024 1 Accounting policies Statement of compliance The financial statements have b8en prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 1021 and the Charities Act 2011. Basls of preparation Back On Track meets Ihe definition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(sl to these accounts. Going concem The trustees conslder that there are no material uncertainties about the charfty's ability to continue as going concern. Incom8 and endowmenls Voluntary income including donations, gifts, legacies and grants that provide core funding or are of 8 general nature is recognised when the charity has entillement lo Ihe income, it is probable that the income will be received and the amount can be measured with sufficient reliability. Donallons andlegacles Donations and legacies are recognised on 8 raceivable basls when receipt Is probable and the amount can be reliably measured. Donated seThlces and f8c/lilies Where seNlces or f8cllltles are provlded to the charity as a donation that would normally be purchased from our suppliers, this benefit Is included in the financial statements al it's fair value unless it's fair value cannot be realiably measured, then at the cost to the donor or the resale value of goods that are to be sold. Glftald Incoming resources from tax reclaims are included in the Statement of Financial Activilies at the same time as the gift to which Ihey relate. Expendlture All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of r8sources. with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use. Other support costs are allocated based on Ihe spread of staff costs. Page 9
Back On Track Notes to the Financial Statements for the Year Ended 5 April 2024 (continued) Raising funds These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds. Charltable 8clie$ Charitsble expenditure comprises those costs incurred by the charity in the delivery of ils activities and services for its beneficiaries. It includes bolh costs that can be allocated directly to such activities and those costs of an indirect nature necess8ry to support them. Grantprovisions Provisions for grants are made when the intenlion to make a grant has been communicated to the recipient but there is uncertainty about either the timing of the gr8nt or the amount of grant payable. Governance costs These include the costs attributable to the charity's compliance with constitutional and statutory requirements, Includlng audit, strategic management and trustees meelings and reimbursed expanses. Taxatlon The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is polentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Seclion 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes. Cash and cash equlvalents Cash and cash equivalents comprlse c8sh on hand and call d8POSlts, and other short-term hlghly Ilquld Investments that are readily convertible to a known amount of cash and are subject to an Insignificant risk of change in value. Trade credltors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabililies if the does not have an uncondilional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method. Fund structure Unrestricted income funds are general funds that are available for use at the trustees discretion in furtheran of Ihe objeclives of the charity. Page 10
Back On Track Notes to the Financial Statements for the Year Ended 5 April 2024 (continued) 2 Income from donatlons and legacies Unrestrlcted funds General Totsl funds Donations and legacies; Donations from compani8S, trusts and similar proceeds Donations from individuals Donated services and facilities Other income from donations and legacies Total for 2024 54,658 12,349 6,690 12,022 54,658 12,349 6,690 85.719 85.719 Totsi lor 2023 134,743 134,743 3 Expendlture on ralslng fund8 Costs of genorallng donatlons and legacles Unrestrlcted Tot81 2024 General Donatlons 13,063 13,063 4 Expenditure on charllable acdvllles Unrestrlcted Tolal 2024 Total 2023 General Events and awards Donated services Grant funding of activities Governance costs 71,862 7.615 8,657 71,862 7.615 8,657 104,298 4,650 6,400 2,034 90,582 117,382 Page11
Back On Track Notes to the Financial Ststements for the Year Ended 5 April 2024 (continued) 5 Other expenditure Unrestricted Total 2024 Tolal 2023 General Legal fees Marketing and publicity Printing. postage and ststionery Sundry expenses Travel and subsistence Web maintenance Bank charges 5,740 5,740 6,000 3,600 2,810 52 151 1,968 276 1,320 52 1,320 52 2.236 246 2,236 246 9.594 14.857 6 Analysls of govemance and support costs Governance costs Unrestricted funds General Total 2024 Total 2023 Independent examiner fees Examination of the financial statemenls 2,448 2,448 2,034 Page 12
Back On Track Notes to the Financial Statements for the Year Ended 5 April 2024 (continued) 7 Grant-maklng Anatysis of grants Grants to indlviduals 2024 2023 Analysls Individual awards 8,657 6,400 The support costs associated with grant-making are £Nil (5 April 2023 - £Nil). 8 Trustees remun8ratlon and expenses During the year the charity made the following transactions with trustees: Paula Hall £260 (2023: £1,002) of expenses were reimbursed to Paula Hall during the year. No trustees, nor any persons connected with Ihem, have received any remuneration from the charlty during the year. No trustees have recelved any other benefits from the charity during the year. Donations made by the trustees without any conditions attached totalled £3.500 for the year (2023 £4,050). 9 Taxatlon The charlty Is a reglslered charlty and is therefore exempt from tsxatlon. 10 Cash and cash equlvalents 2024 2023 Cash on hand Cash at bank 48 612 23,884 660 23,932 11 Creditors: amounts falling due withln one year 2024 2023 Trade creditors Accruals 1,800 4,548 2,099 Page 13
Back On Track Notes to the Financial Ststements for the Year Ended 5 April 2024 (continued) 12 Funds Balance at 6 April 2023 Incoming resources Resources expended Balance al 5 April 2024 Unresiricted General 21,832 85,719 113,239 5,688 Balance at 6 April 2022 Incoming resources Resources expended Balance at 5 Aprll 2023 Unr8Strfcted General 19,329 134,743 132,239 21,833 13 Analysls of net assets between funds Unreslrlcted General Total funds 5 April 2024 Current assets Current liabilities 660 6,348 660 6,348 Total net assets 5.688 5.688 Unreslricted General Totsi funds 5 April 2023 Current assets Current liabilities 23,932 2,099 23,932 2,099 Totsl net assets 21,833 21,833 14 Related paty iransaclions During the year the charity made the following relaled paty transactions: Dee Carpenter (Trustee) During the year the Charity paid £NII (2023 - £3,600) In respect of consultancy services. At the balance sheet date the amount due tolfrom Dee Carpenter was £Nil (2023 - £Nil). Page 14
Back On Track Detailed Statement of Financial Activities for the Year Ended 5 April 2024 Total 2024 Total 2023 Income and Endowments from: Donations and legacies (analysed below) Total income 85,719 134 743 85,719 Expenditure on: Raising funds (analysed below) Charilable activities (analysed below) Olher expenditure (analysed below) Totsl expenditure Net (expenditure)lincome Net movement in funds (13,063) (88,134) 12,042 (115,348) 16,891 113,239 132,239 27.520 2,504 (27,520) 2,504 R8conclllallon of funds Total funds brought forward Totsl funds carrled forward 21,832 19,329 5,688 21,833 This page does not form part of the statutory financial statements. Page 15
Back On Track Detailed Statement of Financial Activities for the Year Ended 5 April 2024 (continued) Totsl 2024 Total 2023 Donations andlegacles App8als and donations - corpordte Appeals and donations - individual Appeals and donations - anonymous Donated senlices 54,658 12.349 12,022 6.690 85,719 99,375 23,755 6,963 4,650 134,743 R8islng fvnds Fundraising costs 13,063 13,063 Charlt8ble actlvllles Direct costs Grants payable- individuals Consultsncy fees 71,862 8,657 7,615 88,134 104,298 6,400 4.650 115348 Other expendllum Printing, poslage and stationery Sundry expenses Trav81 and subsistence Web maintenance ConsulL8ncy fees Legal and professional fees Bank charges Independent Examinerfs remuneratlon 1,320 52 2,810 52 151 1,968 3,600 6,000 276 2,034 16,891 2,236 5,740 246 2,448 This page does not form part of the statutory financial statements. Page 16
Back On Track Independent Examinerfs Report to the trustees of Back On Track I report to the trustees on my 8xamination of the accounts of Back On Track for the year ended 5 April 2024. Responsibililles and basis of report As the charity trustees of Back On Track you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act,). I report in respect of my examination of the Back On Track's accounts carried out under seclion 145 of the 2011 Act and In carying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145{5)(b) of the Acl. Independent examiner's Statement I have completed my examination. I confimi that no material matters have come to my attention in connection with the examination giving me cause lo believe that in any material respect: 1. accounting records were not kept In respect of Back On Track as required by section 130 of the Act. or 2. the accounts do not accord with those records., or 3. the accounts do not comply with the accounting requirement5 concerning the form and content of accounts sel out in Ihe Charities (Accounts and Reports) Regulations 2008 other than any requirement that Ihe accounts give a 'true and fair view, which is nol a matter considered as part of an independent examination. I h8ve no concerns and have come across no other matters in connection wilh the examination to which attention should be drawn In this report in order to enable a proper understanding of the accounts to be re8ch8d. MJ ht Just Audit & Assurance Ltd 37 Market Square Wilney OX28 6RE Dale:....20 February. 2025 Page 17