“…If the engine fails on take-off with insufficient runway remaining, I will trim the aircraft for best glide and try to land withing 30° of the runway centreline.”

Ahh, the take-off briefing! This particular line is an important one. It’s not advisable to try to turn around after an engine failure on take-off. This video demonstrates why you shouldn’t.

With such a high bank angle at such a slow airspeed, the aircraft enters into a spin and crashes. The sad thing about this situation is that it looks like the pilot had enough room to land straight ahead without incident.