OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2024-12-31-accounts

REGISTERED COMPANY NUMBER: 00936855 (England and Wales) REGISTERED CHARITY NUMBER: 256751

STRATEGIC REPORT, REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

NATIONAL BACK PAIN ASSOCIATION (A COMPANY LIMITED BY GUARANTEE)

NATIONAL BACK PAIN ASSOCIATION

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

Page
Chairman's Report 1 to 2
Strategic Report 3 to 4
Report of the Trustees 5 to 8
Independent Examiner's Report 9
Statement of Financial Activities 10
Balance Sheet 11
Cash Flow Statement 12
Notes to the Cash Flow Statement 13
Notes to the Financial Statements 14 to 23

NATIONAL BACK PAIN ASSOCIATION

CHAIRMAN'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2024

Introduction:

The Health Profile for England reports use the Global Burden of Disease study to demonstrate that low back pain and neck pain remain the biggest cause of ill health overall across all age groups (measured by Years Lived with Disability). There are over nine million people living with long term back pain in England, alone and one in three people will live with back pain at some point in their lives. For some it will be short lived, for others it will be chronic.

Musculoskeletal conditions such as back pain cost the National Health Service (NHS) some £4.76 billion each year. In this landscape of increased hybrid and remote working, back pain is increasingly familiar. Furthermore, back injury is one of the largest single causes of lost work days in the UK today and costs the UK economy some £10 billion.

BackCare exists to provide education on back injury prevention, helps provide information to those living with back pain, regardless of cause, and is involved in valuable research studies.

In 2024:

We continued the success of the previous two years and our BackCare Awareness Week became even more popular, reinforcing our place as the go to charity for healthier backs.

Our publications:

Legacy income:

As a small charity legacies are an important part of our fundraising income and we take them very seriously - such additional income allows us to disseminate more materials, like some of those above, and invest in valuable research studies evaluating the causes, effects, and treatments of back pain. Our legacy promotion within some of our materials, is a reminder to all that the funding of our charitable activities is important.

Whilst 2024 evidenced reduced income from legacies we were still the grateful beneficiary of a number of small ones.

Fundraising:

As a small independent charity receiving no government funding, we rely on the support of individuals, healthcare professionals and corporates to fund our important work.

We participate in one major annual fundraising event, being the London Marathon. In 2024, we filled all our places and raised over £55,000.

Operational:

Our day-to-day operations continue to be led by our charity CEO, who has many years of experience of working with charities of our size. We also take volunteering very seriously, and BackCare benefits from pro bono support services in the areas of accounts, legal matters, and medical writing, thus saving the charity tens of thousands of pounds, as a result.

We have a Trustee base of four, which is proportional to the size of our charity and a Vice President who has supported BackCare for very many years, previously as both a Trustee and a volunteer CEO.

Page 1

NATIONAL BACK PAIN ASSOCIATION

CHAIRMAN'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2024

As Chair, I remain committed to supporting the charity over to improve sustainable income streams and increase our impact on both those living with back pain and in the prevention of avoidable back injury. We will continue to develop our supporter base, produce educational resources and informative publications like HOP7, build new Branches whilst assisting existing ones, develop regional helplines, aid research projects, host BackCare Awareness Week and continue to work with healthcare professionals and the public alike, in all things back health related.

The Trustees will, as always, set our priorities but we will continue to seek ideas from back pain sufferers, staff, and professionals alike, to continue our work and be the 'go to' organisation for back pain solutions.

If the Trustees would like me to remain as Chair, I look forward to presenting the report for 2025 in next year's annual report.

Page 2

NATIONAL BACK PAIN ASSOCIATION

STRATEGIC REPORT FOR THE YEAR ENDED 31 DECEMBER 2024

Introduction:

The brainchild of businessman Stanley Grundy, BackCare (the National Back Pain Association) was originally set up in 1968. With nowhere to turn following a back injury, Grundy set about creating a charity dedicated to educating the public in ways of preventing and alleviating back pain.

With a long history, BackCare continues to provide education to prevent avoidable back injury, helps to support research and tries to assist those living with back pain through information and signposting.

BackCare has received no government funding. Income is derived from sales of the Handling of People publication, fundraising events, legacies, general donations and some Trust and Foundation support. We also benefit from pro bono services. We also benefit from pro bono services. Whilst YE23 witnessed an uncharacteristically high income, from the result of three substantial legacies, and these contributing over £600,000 towards our YE income of some £833,000. YE 24 has evidenced an income more in line with what we would anticipate without larger legacy income.

The Trustees and CEO are aware of the responsibility of charitable purpose investment of these additional funds. It is also important to maintain sufficient reserves appropriate to the size of the charity and is something that has been given much consideration by the Trustees and CEO. As a result, it is the Trustees wish that there will be sums invested in research/study proposals to realise an improved understanding of back pain, its management and prevention and in accordance with the Founder's priorities for BackCare (the National Back Pain Association) upon its inception.

Review

BackCare's vision remains with the charity working collaboratively with other organisations to prevent back pain, or help alleviate the symptoms of it, through research and education. There is also commitment to assisting those who are suffering with back pain to access grants, signpost or provide a listening ear and therefore help to generate positive outcomes.

First created in 1981, BackCare has been successful in publishing the 200 plus page 'Guide to the Handling of People', now in its 7th edition - a publication purported to be the gold standard in the lifting and handling of patients and used in most emergency and non-emergency healthcare settings in the UK, to protect the spines of both the carer and the cared for.

BackCare aims to strengthen and expand the above whilst also investing not only time, but now funding into research into back pain and the prevention or alleviation thereof, through appropriate study proposals, and several options are being investigated.

Principle risks and uncertainties

The main risk for BackCare, is financial. BackCare will likely be unable to secure the level of funding received through legacies within 2023, into the future. However, the Trustees and CEO are aware of this and have the following plan in place to mitigate financial risk associated with a fluctuating income.

Key financial performance indicators

Page 3

NATIONAL BACK PAIN ASSOCIATION

STRATEGIC REPORT FOR THE YEAR ENDED 31 DECEMBER 2024

Conclusion

BackCare is a small charity with increasing reach. It is in the fortunate position of being agile in its ability to work within the financial constraints within which it finds itself, whilst still delivering charitable purpose without risk to future financial sustainability.

25/7/2025

Approved by order of the board of trustees on ............................................. and signed on its behalf by:

....................................................................... E Swanton - Trustee

Page 4

NATIONAL BACK PAIN ASSOCIATION

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of 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) (effective 1 January 2019).

PRINCIPAL ACTIVITY:

BackCare (registered as the National Back Pain Association) is a Registered Charity under the Charities Act 1993, established to carry out and promote research into the causes, cure and prevention of illness, complaints and disorders in, or associated with the back of the body and other allied conditions, and to publish and make available the results of such research; and the relief of persons who suffer such conditions; and the advancement of education of the public concerning such conditions.

VISION:

To reduce the impact of back pain on society.

OBJECTIVES AND ACTIVITIES

Objectives and aims

AIMS:

  1. Making a difference to the lives of people with back pain: To be an independent source of information about the causes, treatments and management of back pain

  2. Preventing back pain, where possible: To promote best practice in the diagnosis, treatment and management of back pain

  3. Working with carers, employers, and families etc to reduce the detrimental effects of back pain: To prevent incapacity from back pain

OBJECTIVES:

  1. To produce authoritative and accessible information (evidence-based wherever possible).

  2. To support people living with back pain through a helpline service.

  3. To fund research into preventing incapacity and promoting best practice.

  4. To work with health professionals, employers, trade unions, government departments and statutory bodies to improve access to information, advice and treatment.

  5. To campaign on behalf of people with back pain through the media and representation on government working parties, appropriate NGOs, etc.

  6. To support local branches with information, campaigning materials, web pages and insurance (but does not include the provision of Therapies).

Public benefit

The trustees confirm that they 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 future activities. The trustees refer to public benefit throughout this report.

Financial review

In 2024, income was as forecast. There was notification of some new smaller legacy income. Operational costs remained low. Monies on the balance sheet will be allocated to further projects during 2025 and 2026.

Page 5

NATIONAL BACK PAIN ASSOCIATION

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024

FINANCIAL REVIEW

Reserves policy

We ended the year debt free, and the Board was focused on maintaining reserves to ensure the ongoing financial sustainability of the Charity.

Our Reserves Policy is six months of operating costs which the Trustees believe to be sufficient for the charity. Reserves at £100,000, are in line with this.

Going concern

The Trustees are confident that the charity will be able to continue to accomplish important things in the years to come. Whilst income in 2024 brought in reduced legacy income, 2023 legacies were an anomaly. There are sufficient reserves and a healthy balance sheet of some 900k.

We have evidenced Legacy income as an important part of our fundraising and under the guidance of our CEO much work is being done to ensure that we continue to promote bequests as a valuable source of income for the charity. We also continue to make great strides with event income and our demand for places at our largest fundraiser of the year the London Marathon, is always high.

Therefore, it is the Trustees' opinion that the going concern basis of preparation of the accounts continues to be appropriate. Trustees are also responsible for identifying the major risks to which the charity is exposed and to review the systems which have been established to mitigate those risks.

The Executive Committee: continues to monitor the performance of, advise and direct the CEO; deals with day-to-day matters that require Trustee decision-making; maintains an overview of constitutional, legal, financial, and operational matters to ensure BackCare's compliance with the requirements of the Charity Commission, Companies House, and relevant legislation. The day-to-day management of the charity is delegated to the CEO, who reports directly to the Chair of Trustees and is further responsible to the Board of Trustees.

REVIEW OF PERFORMANCE:

In 2024, BackCare continued to benefit from low operating costs. The CEO, Denice Logan Rose, also uses pro bono professional support where possible covering the areas of finance, legal, medical writing etc and seeks funding opportunities where appropriate to maximise charitable purpose, without compromising the quality of BackCare's work or engaging in unnecessary expenditure.

BackCare Awareness Week (BCAW) 2024, trumped the previous two successful years. This is an annual event that continues to grow in popularity. HOP7 continues to uphold its tradition of being regarded as the gold standard in the handling of people, within most every day and emergency healthcare settings. We have remained committed to assisting research projects, educating the public, and helping our branches too, whilst ensuring that funds are available to sustain our activities.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The Charity is a company limited by guarantee. It was incorporated on 7th August 1968 and is governed by its Memorandum and Articles of Association.

Recruitment and appointment of new trustees

The number and composition of the board is discussed at Trustee meetings. When an opening arises, BackCare pro-actively tries to identify suitable candidates with a range of skills, knowledge and experience that could be useful in helping to guide the charity. When a Trustee is proposed and is agreed by the board as a suitable candidate, a due diligence background check is performed before approaching the prospective Trustee to invite them to become a member of the board. The duties and legal obligations of a Trustee are explained and discussed along with any particulars of the role the Trustee is being asked to take up. If the candidate is in agreement this is put back to the board for a final vote before the Trustee is appointed.

Page 6

NATIONAL BACK PAIN ASSOCIATION

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024

STRUCTURE, GOVERNANCE AND MANAGEMENT

ORGANISATIONAL AND DECISION-MAKING STRUCTURE:

BackCare is governed by the Board of Trustees. The Trustees meet at least four times a year to discharge their responsibilities.

STATEMENT OF TRUSTEE'S RESPONSIBILITIES:

Company law requires the Board of Trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing those financial statements, the Board of Trustees is required to:

i) select suitable accounting policies and then apply them consistently. ii) make judgments and estimates that are reasonable and prudent.

iii) prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The Board of Trustees is responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements comply with the Companies Act 2006. It is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Trustees are also responsible for identifying the major risks to which the charity is exposed and to review the systems, which have been established to mitigate those risks.

The Executive Committee recruits, monitors the performance of, advises and directs the charity. It deals with matters that require Trustee decision-making and maintains an overview of constitutional, legal, financial and operational matters to ensure BackCare's compliance with the requirements of the Charity Commission, Companies House and relevant legislation.

There are two nominated Trustees for matters regarding Research and Education and, who advise on an as needs basis. Day-to-day management of the charity is delegated to the CEO who reports directly to the Chair on a weekly basis, and who is also responsible to the Board of Trustees.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

00936855 (England and Wales)

Registered Charity number

256751

Registered office

BackCare 29 Bridge Street Hitchin Hertfordshire SG5 2DF

Trustees

Professor F Williams E Swanton Professor J C T Fairbank B Chatterjee

Page 7

NATIONAL BACK PAIN ASSOCIATION

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024

REFERENCE AND ADMINISTRATIVE DETAILS

Independent Examiner P Underwood, FCCA Morris Crocker Chartered Accountants Station House North Street Havant Hampshire PO9 1QU Approved by order of the board of trustees on ............................................. and signed on its behalf by: 25/7/2025

....................................................................... E Swanton - Trustee

Page 8

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NATIONAL BACK PAIN ASSOCIATION

Independent examiner's report to the trustees of National Back Pain Association ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2024.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

P Underwood, FCCA

Morris Crocker Chartered Accountants Station House North Street Havant Hampshire PO9 1QU Date: .............................................28 July 2025

Page 9

NATIONAL BACK PAIN ASSOCIATION

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2024

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
33,244
Charitable activities
5
Sale of publications and other items
91,531
Other trading activities
3
56,412
Investment income
4
22,364
Total
203,551
EXPENDITURE ON
Raising funds
6
18,843
Charitable activities
7
Activities
106,262
Total
125,105
NET INCOME
78,446
RECONCILIATION OF FUNDS
Total funds brought forward
805,918
TOTAL FUNDS CARRIED FORWARD
884,364		 Restricted
fund
£
-
-
51,045
-
51,045
-
48,127
48,127
2,918
51,266
54,184		 2024
Total
funds
£
33,244
91,531
107,457
22,364
254,596
18,843
154,389
173,232
81,364
857,184
938,548		 2023
Total
funds
£
741,484
29,216
90,596
12,839
874,135
20,221
176,634
196,855
677,280
179,904
857,184

The notes form part of these financial statements

Page 10

NATIONAL BACK PAIN ASSOCIATION

BALANCE SHEET 31 DECEMBER 2024

Notes
FIXED ASSETS
Investments
13
CURRENT ASSETS
Stocks
14
Debtors
15
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
16
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
NET ASSETS
FUNDS
18
Unrestricted funds
Restricted funds
TOTAL FUNDS		 2024
£
1
6,664
21,363
929,733
957,760
(19,213)
938,547
938,548
938,548
884,364
54,184
938,548		 2023
£
1
5,054
24,434
862,616
892,104
(34,921)
857,183
857,184
857,184
805,918
51,266
857,184

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: 25/7/2025

............................................. E Swanton - Trustee

The notes form part of these financial statements

Page 11

NATIONAL BACK PAIN ASSOCIATION

CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024

Notes
Cash flows from operating activities
Cash generated from operations
1
Net cash provided by operating activities
Cash flows from investing activities
Interest received
Net cash provided by investing activities
Change in cash and cash equivalents in
the reporting period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the end of
the reporting period		 2024
£
48,002
48,002
19,115
19,115
67,117
862,616
929,733		 2023
£
654,097
654,097
7,903
7,903
662,000
200,616
862,616

The notes form part of these financial statements

Page 12

NATIONAL BACK PAIN ASSOCIATION

NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024

1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net income for the reporting period (as per the Statement of Financial
Activities)
Adjustments for:
Interest received
Increase in stocks
Decrease in debtors
Decrease in creditors
Net cash provided by operations		 2024
£
81,364
(19,115)
(1,610)
3,071
(15,708)
48,002		 2023
£
677,280
(7,903)
(559)
13,368
(28,089)
654,097

2. ANALYSIS OF CHANGES IN NET FUNDS

At 1.1.24 Cash flow At 31.12.24
£ £ £
Net cash
Cash at bank and in hand 862,616 67,117 929,733
862,616 67,117 929,733
Total 862,616 67,117 929,733

The notes form part of these financial statements

Page 13

NATIONAL BACK PAIN ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value.

Going Concern

The Trustees continue to believe that the charitable company has adequate resources to continue in operational existence for the foreseeable future. For this reason, the Trustees have continued to adopt the going concern basis in preparing the financial statements.

Preparation of consolidated financial statements

The financial statements contain information about National Back Pain Association as an individual company and do not contain consolidated financial information as the parent of a group. The charity is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 15% on cost Office equipment - 33% on cost

Individual fixed assets costing £500 or more are capitalised at cost.

Related party exemption

The charitable company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Page 14

continued...

NATIONAL BACK PAIN ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024

1. ACCOUNTING POLICIES - continued

Fund accounting

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Investments

Investments in subsidiaries are valued at cost less provision for impairment.

Financial Instruments

Financial assets and liabilities are recognised when the charity becomes party to the contractual provisions of the financial instrument. The company holds basic financial instruments which comprise cash at bank, trade and other receivables and trade and other payables.

Trade and other debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, deposits with banks and other short-term highly liquid investments and bank overdrafts. In the balance sheet, bank overdrafts are shown within borrowings or current liabilities.

Trade and other creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.

DONATIONS AND LEGACIES

Donations
Gift aid
Legacies
Membership subscriptions		 2024
£
4,092
-
19,775
9,377
33,244		 2023
£
30,781
3,780
698,811
8,112
741,484

Page 15

continued...

NATIONAL BACK PAIN ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024

3.
OTHER TRADING ACTIVITIES
Fundraising events
Branch income
4.
INVESTMENT INCOME
Other income
Deposit account interest
All investment income is derived from assets held in the United Kingdom.
5.
INCOME FROM CHARITABLE ACTIVITIES
Activity
Sale of publications and other
items
Sale of publications and other items
6.
RAISING FUNDS
Raising donations and legacies
Fundraising expenses
7.
CHARITABLE ACTIVITIES COSTS
Direct
Costs
£
Activities
152,529		 2024
£
56,412
51,045
107,457
2024
£
3,249
19,115
22,364
2024
£
91,531
2024
£
18,843
Support
costs (see
note 8)
£
1,860		 2023
£
49,534
41,062
90,596
2023
£
4,936
7,903
12,839
2023
£
29,216
2023
£
20,221
Totals
£
154,389		 2023
£
4,936
7,903
12,839
2023
£
29,216
2023
£
20,221

Page 16

continued...

NATIONAL BACK PAIN ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024

8. SUPPORT COSTS

SUPPORT COSTS
Governance
costs
£
Activities 1,860
Support costs, included in the above, are as follows:
Governance costs
2024 2023
Total
Activities activities
£ £
Accountancy fees 300 -
Independent examiner's fees 1,560 1,825
1,860 1,825

9. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023.

Trustees' expenses

During the year no trustee(s) were reimbursed out of pocket expenses (2023: £Nil).

10. STAFF COSTS

Wages and salaries
Social security costs
Other pension costs
The average monthly number of employees during the year was as follows:
Administrative staff		 2024
£
59,167
1,392
1,321
61,880
2024
1		 2023
£
49,998
943
1,313
52,254
2023
1

No employees received emoluments in excess of £60,000.

Page 17

continued...

NATIONAL BACK PAIN ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024

11.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Restricted
funds
fund
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
741,484
-
Charitable activities
Sale of publications and other items
29,216
-
Other trading activities
49,534
41,062
Investment income
12,816
23
Total
833,050
41,085
EXPENDITURE ON
Raising funds
20,221
-
Charitable activities
Activities
128,274
48,360
Total
148,495
48,360
NET INCOME/(EXPENDITURE)
684,555
(7,275)
RECONCILIATION OF FUNDS
Total funds brought forward
121,363
58,541
TOTAL FUNDS CARRIED FORWARD
805,918
51,266
12.
TANGIBLE FIXED ASSETS
Fixtures
and
Office
fittings
equipment
£
£
COST
At 1 January 2024 and 31 December 2024
1,123
3,304
DEPRECIATION
At 1 January 2024 and 31 December 2024
1,123
3,304
NET BOOK VALUE
At 31 December 2024
-
-
At 31 December 2023
-
-		 Total
funds
£
741,484
29,216
90,596
12,839
874,135
20,221
176,634
196,855
677,280
179,904
857,184
Totals
£
4,427
4,427
-
-

Page 18

continued...

NATIONAL BACK PAIN ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024

13. FIXED ASSET INVESTMENTS

FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£
MARKET VALUE
At 1 January 2024 and 31 December 2024 1
NET BOOK VALUE
At 31 December 2024 1
At 31 December 2023 1

There were no investment assets outside the UK.

The company's investments at the balance sheet date in the share capital of companies include the following:

Back Care Trading Limited (company number 03745212)

Registered office: United Kingdom Nature of business: Retail

14.

15.

%
Class of share:
holding
Ordinary
100
Aggregate capital and reserves
Back Care Trading Limited has not traded during this financial year.
STOCKS
Stock
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Amounts owed by group undertakings
VAT
Prepayments and accrued income		 31.12.24
£
(291)
2024
£
6,664
2024
£
1,340
16
4,650
15,357
21,363		 31.12.23
£
(291)
2023
£
5,054
2023
£
7,575
-
3,215
13,644
24,434

Page 19

continued...

NATIONAL BACK PAIN ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024

16. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade creditors
Social security and other taxes
Other creditors
Accruals and deferred income
ANALYSIS OF NET ASSETS BETWEEN FUNDS
Unrestricted
funds
£
Investments
1
Current assets
901,717
Current liabilities
(17,354)
884,364
MOVEMENT IN FUNDS
Unrestricted funds
General fund
Designated funds, further HOP7 production
costs
Restricted funds
Branch accounts
TOTAL FUNDS		 Restricted
fund
£
-
56,043
(1,859)
54,184
At 1.1.24
£
775,918
30,000
805,918
51,266
857,184		 2024
£
729
1,100
2,116
15,268
19,213
2024
Total
funds
£
1
957,760
(19,213)
938,548
Net
movement
in funds
£
85,769
(7,323)
78,446
2,918
81,364		 2023
£
4,946
3,130
2,267
24,578
34,921
2023
Total
funds
£
1
892,104
(34,921)
857,184
At
31.12.24
£
861,687
22,677
884,364
54,184
938,548

17. ANALYSIS OF NET ASSETS BETWEEN FUNDS

18.

Page 20

continued...

NATIONAL BACK PAIN ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024

18. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Incoming
resources
£
Unrestricted funds
General fund
203,551
Designated funds, further HOP7 production
costs
-
203,551
Restricted funds
Branch accounts
51,045
TOTAL FUNDS
254,596
Comparatives for movement in funds
At 1.1.23
£
Unrestricted funds
General fund
91,363
Designated funds, further HOP7 production
costs
30,000
121,363
Restricted funds
Branch accounts
58,541
TOTAL FUNDS
179,904
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
833,050
Restricted funds
Branch accounts
41,085
TOTAL FUNDS
874,135		 Resources
Movement
expended
in funds
£
£
(117,782)
85,769
(7,323)
(7,323)
(125,105)
78,446
(48,127)
2,918
(173,232)
81,364
Net
movement
At
in funds
31.12.23
£
£
684,555
775,918
-
30,000
684,555
805,918
(7,275)
51,266
677,280
857,184
Resources
Movement
expended
in funds
£
£
(148,495)
684,555
(48,360)
(7,275)
(196,855)
677,280

Page 21

continued...

NATIONAL BACK PAIN ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024

18. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
Designated funds, further HOP7 production
costs
Restricted funds
Branch accounts
TOTAL FUNDS		 At 1.1.23
£
91,363
30,000
121,363
58,541
179,904		 Net
movement
in funds
£
770,324
(7,323)
763,001
(4,357)
758,644		 At
31.12.24
£
861,687
22,677
884,364
54,184
938,548

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming
resources
£
Unrestricted funds
General fund
1,036,601
Designated funds, further HOP7 production
costs
-
1,036,601
Restricted funds
Branch accounts
92,130
TOTAL FUNDS
1,128,731		 Resources
Movement
expended
in funds
£
£
(266,277)
770,324
(7,323)
(7,323)
(273,600)
763,001
(96,487)
(4,357)
(370,087)
758,644		 Resources
Movement
expended
in funds
£
£
(266,277)
770,324
(7,323)
(7,323)
(273,600)
763,001
(96,487)
(4,357)
(370,087)
758,644
763,001
(4,357)
758,644

19. EMPLOYEE BENEFIT OBLIGATIONS

The Charity operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Charity in an independently administered fund. The pension cost charge represents contributions payable by the Charity to the fund and amounted to £1,321 (2023:£1,313). Contributions totalling £257 (2023: £Nil) were payable to the fund at the balance sheet date and are included in creditors.

Page 22

continued...

NATIONAL BACK PAIN ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024

20. RELATED PARTY DISCLOSURES

There has been no related party transactions during the current year (2023: None)

21. ULTIMATE CONTROLLING PARTY

The charitable company is not under the control of another entity or any one individual.

Page 23