REGISTERED COMPANY NUMBER: 03647928 (England and Wales)
REGISTERED CHARITY NUMBER: 1074453
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020
FOR
TRAIL-BLAZERS MENTOIUNG LTD
Glbtrfjns Mannington & Phipps LLP
Chartered Accourstants
Landgate Chambers
24 Landgate
Rye
East Sussex
TN317U

TRAIL-BLAZERS MENTORING LTD
cot4TENTS OF THE FXNANCIAL sfATEMENTS
FOR THE YEAR Et4DED 31 DECEMBER 2020
Page
Reference and Admlnistrative Detall$
Report of the Trustees
2 to 6
Independent Examlner's Report
statement of Flnanclal Artlvltles
Balance Sheet
9 to 10
Notes to the Flnandal Statements
11 to 17
Detslled Statement of Flnandal Actlvltles
18 to 19

TRAIL-BLAZERS MENTORING LTD
REFERENCE AND ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED 31 DECEMBER 2020
TRUSTEES
C A Kemp (Chalr)
A Gadhia
A Janjua
T Pauk
P R F Simpson (Treasurer)
A Umfrevllle
A Morrison (appolnted 281912020}
K S A White (appointed 271512020)
COMPANY SECREfARY
P R F Simpson
SENIOR MANAGEMENT
J D Shepherd Chlef Executive Offlcer
J Alexander - Service Dellvery D1￿ctOr
REGIsfERED OFFICE
HMYOI Aylesbury
Bierton Road
Aylesbury
Buckinghamshire
HP20 IEH
REGIsfERED COMPANY
NUMBER
03647928 (England and Wales)
REGIsfERED CHARrrY
NUMBER
1074453
INDEPENDENT EXAMINER
Gibbons Mannington & Phipps LLP
Chartered Accountants
Landgate Chambers
24 Landgate
Rye
East Sussex
TN31 7U
Page I

TRAIL-BLAZERS MENTORING LTD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2020
The trustees who are also dlrectors of the charlty for the purposes of the Companies Act 2006, present
their report wlth the financlal statements of the charity for the year ended 31 December 2020. The
trustees have adopted the provisions of Accounting and Reporting by Charitles: Statement of
Recommended Practlce applicable to charities preparing theSr accounts In accordance with the Flnancial
Report"ng Standard applicable in the UK and Republlc of Ireland (FRS 102) (effective l January 20191.
OBJECTIVES AND AcfIviTIES
Objethves and alms
Trailblazers objectlves are:
The rehabllitstlon of persons who are or have been subject to a crlmlnal charge and are serving a
custodlal sentence in one of Her Majesty's Prlsons or Young Offender5 Inslltutlons. by means of
educational training, mentorlng or guldance provlded to such persons so as to asslst in thelr rehabilitatlon
Into the wider community.
Aims..
To reduce the likelih¢)od of re-offendlng andlor the serlousness of re-offending by prepartng offender5
for release
To ease the difficult period of transition of the offender Liack into society followbng release from prfson
To empower the young person to make posltive choices by developlng the any offender's self-esteem,
confldence, education and knowledge of opportunities
- To enhance the resettlement serv1￿$ offered by HMPS by using volunteer mentors to support offenders
on release.
Public benefit
The Trustees, having revlewed the maln actlvltle5 untlertaken by Trailblazers to further Its charltable
purposes for the publlc benefit, mnclude that public benefit eontlnues to be derlved from Trallblazer5
acuvities. Trailblazers reduces the likellhood of re-offending by preparlng offender5 for ￿lease and
supporting them during a transltlonal period post-release. Trallblazers consistent success In athlevlng
signifitantly lower re-offending figures as compared wlth the natlonal average (see below) provides a
tangible publlc benefli. Reduction in crtme leads to safer communities and fewer vietlms of offendlng
behaviour, and In addition contributes to a reduction in the costs to the publlc purse associated with
policing. court proce55es and holding an Indlvldual in a prison or young offender5 Institution.
The Trustees have complled wlth the duty In section 4 of the Charltles Act 2006 to have due regard to
public benefit guidance pub115hed by the Commission.
Volunteers
Volunteer mentors are tralned to Ilsten, advlse, support and challenge their mentees, and help them
plan thelr future after release from custody.
Mentoring is primarily Intended to tske place inslde the prison In the final slx months of the mentee's
Senten￿ and continue post-release for up to a further nine months.
Mentorfng conslsts of a structured programme delIVe￿ through the use of toolsets which comprfse
Introduction to Mentorlng, Better Relationshlpsi Assertlng Myself, Noney Matters, Gettlng to Work, and
Through the Gate.
There a￿ no general volunteers.
Page 2

TRAYL-BLAZERS MENTORING LTD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2020
ACHIEVEMENT AND PERFORMANCE
Charltable activitles
In the twelve months covered by this report Trallblazers has continved to support young people In
improving thelr lives to reduce reoffending. Thls report wlll summartse the organlsation's achlevements.
Trailblazers had ambitious plans for development of the serv1￿ during 2020. These ineluded recruitlng
three new full-￿Me posts,. a serv5￿ Dellvery D5￿ctor (SOD), reporting to the Chlef Executive (CEO), and
two Community Support Workers (CSW), reporting to project managers. The SDD post was recruited in
February just as the effects of Covid 19 were acceleratlng. The exlstlng plans for 2020 were then placed
on hold while the charity adapted to the changed environment presented by the developlng pandemlc.
With effect from 23rd March 2020 Trallblazers was no longer able to acttss the prlsons but was still able
to provl(Je vitsl pract¢cal sUPPOrt to prlsoners being released. As restrfcuons eased at the beglnning of
July employed staff were able to access the prfsons and although that ac￿55 contlnued for the remalnder
of 2020, the volunteer mentors have not been able to access any of the pdson projects. However,
Ment0￿ We￿ able to contlnue provide support in the commvnityi although this had to be undertaken
remotely. Despite thls. a new project at HMP Brixton was started during July. The recrultment of the two
CSW roles had been planned for April but this was postponed untll September when two new staff were
appolnted, Addltionallyi new trustees were appolnted In May and September.
All pre-exlsttng grantors have conttnved to fulfll thelr fundlng promises and new appllcatlons for fundlng
were increased In response to the tlghtening conditions wlthin the grant-maklng sertor.
Contlnued success
During 2020 Trallblazers supported 94 mentors worklng with 98 young men, 62 of whlch were engaged
durin9 the year. For those who had acces5 to Trailblazers, the re-offendlng rate post-release was 18%,
compared with a national rote of 56010. This re-offendlng rate Is eonslstent with previous years at a third
of the national average. Due to the ￿StriCtIonS (see above} relating to In-cu5todlal mentoring there wa5 a
decline in the number new servlce-users on the p￿VIouS year {125). Consequentlyi Trallblazer's services
were re-focussed to support released offenders with an encouraging increase of new engagements in the
second half of the year.
Project Managers continue to actlvely engage wlth their local communities, including local volunteerSng
agencies, unlverslties, colleges and communlty groups to recruit a cross sectlon of volunteer mentors
with a diverse base of knowledge and culturnl awareness whlch can be used to deal with the young
people with whom the charity works. Dur(ng 2020 there were a number of engagements wlth other
organisations including a successfiJl pllot run wSth National Grid's "Grid for Good" programme. an
innovatfve "mutual mentorlng. pllot wlth Deloitie and a collaborative partnetshlp wlth Catch22.
The Trustees would like to thank staff and volunteers for thelr contlnued hard work, their positive results
and look forward to continuing to successfully help young offenders.
FINANCIAL REVIEW
Flnanclal posltlon
The finances of the charlty continue to be stable wlth a surplus in the year of £46,810, compared wlth
efiot In 2019 of £4,478. Reserves amounted to £96,639 compared with the prevlous yearfs level of
£49,829. The flnancial position Is reviewed monthly by the Chair, Treasurer and CEO and by the Twstees
at bi-monthly boartl meetings.
Prlncipal funding sources
Trailblazers primary fundlng sourw continued and contlnues to be charftable trijsts and foundatlons and
the charity has a conunual programme in pla￿ for making applications to approprlate bodles. However,
In 2021 a major donor fiJndraislng initiatbve Is belng launthed to dlversify the potential sources of Income.
Investment pollcy and objectlves
Trallblazers funds are largely due to be spent in the short tem, so the Trustees conslder that long tetTn
investment is Inappropr(ate. Funds not requlred Immediately are therefore held In a deposlt account or
shori-terni bonds.
Page 3

TRAIL-BLAZERS MENTORING LTD
REPORT OP THE TRUSTEES
FOR THE YEAR ENDED 31 DEceM8ER 2020
FINANCIAL REVIEW
Re$erve$ pollcy
Trailblazers ￿ serves policy Is to have unrestricted funds that is. not committed or invested in tanglble
fixed assets - In reseNe to cover at least six months of expenditure in order to deal wbth any slgnificant
ecrease in funding.
The level of unrestrfrted reserves at 31 December 2020 wa5 £96.639 {2019 £49,829} compared wlth
estlmated six months unrestricted expendStyre of Just under £180,000. Thi5 level of reserves Is greatly
mltlgaled by cash in hand of £235,003, representlng grants already re￿IVed in respect of expenditure
planned for 2021.
FINANCIAL AND RISK MANAGEMENT OBJECTIVE5 AND POLICIES
The Trustees conslder the major risks to whlch the d)arity is exposed at the bl-monthly board meetings
and, where appropriate, e5tsblish systems and procedures to manage those risks. A ￿sk Pollcy and a
Rlsk Register is in place, and thos Is rewewed at each meeting of the Trustees along with an incident log
which is also malntained to record any adverse Incldents. Durfng the year specific risks arising from the
Covld 19 pandemic were Induded, includlng any additional financial risks that this has presented.
Trailblazers manages risks to its staff and volunteers from exposure to offenders through tralning offered
by the Prison servi￿ (Includlng personal protection and conditionlng). robust and managed procedures,
and through a system of irKEividual and group supervision. Additionallyi all volunteer mentors who
SUPPOrt mentees post release are issued with a moblle phone so they can maintaln contsct wlth the
Project Manager at the start and end of any community sesslons. This control also ensures volunteer
mentors do not glve mentees any personal contact information. All staff will undertake safeguardlng
tralnlng durlng 2021 delivered by an extemal third party and this learning wlll be shared with the
mentors.
At the end of 2020 Trailbla2ers was operating Inslde five Young Offenders Jnstitutions, and as such has
established a slgnlflcant and continuing relationshlp with Her Majesty's Prfson and Probatlon servi￿$.
Seryice Level Agreements are in place at all project s5tes, and although Trailblazers does not receive any
irect financlal contribution, it retrives signlficant 'funding in kind, in the form of office space, heat, Ilght,
fumlture and equlpment, telephonyi Stationery and postage.
FUTURE PLANS
Working to a hea(Jllne of "Better before BlggeV', 2020 was planned to be a more expanslve year.
However, Covid 19 restrictions required Trailblazers to adapt Its Servi￿ offertng5, shiftlng Its focus
towards provlding young prison leaveTS With greater support post release as they re-integrate into the
community. Following this, Trailblazers enters 2021 as a strong and resilient organisatlon able move
forward wbth ambition and confidence in developlng and delivering a more sophlstlcated prograrnme of
service dellvery. To this end the board and executive team a￿ establishing a fully costed flve-year
programme of gmwth and development.
srRucfuRE. GOVERNANCE AND MANAGEMErir
Governing document
The charity is controlled by its governing document, a deed of trust, and constbtutes a Ilmited companyi
Ilmited by guarantee, as defined by the Companies Art 2006.
Trall-Blazers Mentoring Ltd - (also known as Trailblazers), 15 a tharltable company limlted by guarantee
wlthout share capital
incorporated on 12 October 1998 and reglstered as a charity on l March 1999.
The company was &stablished under a Memorandum of Associatlon whlch establlshed the objects and the
powers of the tharitable company and is govemed under its Artlcles of Association. These were amended
by speclal resolutions passed on 8 February 1999, 21 December 2003, 20 Febnjary 2006 and 6 August
2009. In the event of the company being wound up members are required to contrlbute an amount not
exceeding £10.
Page 4

TrAIL-BLAZERS MENTORING LTD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2020
STRUCTURE, GOVERNANCE AND MANAGEMENT
Recrultment and appolntment of new trustees
Trailblazers aims to have not less than four Trustee5 at any one tlme, up to a maxlmum of ten. As soon
as a serving Trustee declares an Intention to reslgn, the Trustees will endeavour to recruit a new Trustee.
From tlme to time the Board reviews the skills of exlsting Trustees and identifie5 skllls gaps. Tnjstees are
recruited by means of personal approach and wlder advertising via the national press and specialist Third
Sector publications.
Organlsatlonal strurture
The Board of Trustees meets at least quartedy to contribute to the strategic dIreC￿On and policy of the
Charity.
Day to day responsibility Is delegated to the CEO who has responslbllltle5 for ensuring that the charfty
delivers the Services specified; financial management, legal compliance, human resour￿, fundraislng
and marketingi public relations and risk management. The CEO is supported by the Board of Trustee5.
Each project Is led by a Project Manager who is based at that prfson. The ProJect Manager has day to day
responsibility for the management of that project includlng retrultment and trainlng of mentors,
recrLSitment of potential mentees, matching of mentors to mentees, meeting tsryets and effectlve data
mana9ement and record keeping. In 2020, Project Nanagers were in place at HMPIYOI Brinsford, HMP
Wandsworth, HMYOI Aylesburyi HMPIYOI Isis and since July 2020 at HMP Brixton.
Trallblazers also employs a full-time AdMinIstra￿On Offi￿r based at Aylesbury who manages all the
administration ￿nthOn5 of the charity. Monthly management accounts are produced with the help of the
Treasurer.
Inductlon and tralnlng of new trustees
After the initial approach the prospective Trustee wlll meet wlth the Chalrman and another Trustee.
followed by a meeting wlth the CEO. Ttr¢ese meetings will include a full brlefing on the legal and finanaal
responslbilities of Trustees, and a thorough explanation of the work of the charlty. The prospectlve
Trustee will recelve:
The Memorandum and Artides of Assoclation
The latest published Annual Accounts and Trustees, Report
A currenl copy of the management accounts, whlch includes the year's butlget
Minutes of the prevlous three Board meetings
The Development Plan
A copy of the latest relevant Charity Commission guidance for Trustees
After attending a Board meedng as èn observer, a decision Is made by the Trvstees. In consultatk*n wlth
the prospectlve Trustee and the CEO as to 5Ultability. The formal vote to elect a new Tnjstee will take
pla￿ at the next appropdate Board meeting and wlll be ratlfied at the ne*( Annual General Meetlng. On
ratificatlon by the board, each new trustee Is provlded wSth a formal Indvctlon.
STATEMENT OF TRusfEES' RESPONSIBIUTIES
The trustees (who are also the dlrectors of Trail-81azers Mentorfng Ltd for the purposes of company law)
are responslble for preparing the Report of the TNstees and the flnancial statements In accordance with
appllcable law and United Klngdom Accountlng Standards (United Kingdom Generally Accepted
Accounting Praciite).
Company law ￿qUIreS the trustees to prepare flnanclal statements for eath financfial year whith glve
true an¢J fair view of the state of affalrs of the charitable company and of the Incomlng resources and
application of resourtes, Indudlng the income and expenditu￿, of the charbtable company for that perfod.
In preparlng those financlal statements, the tntstees are requlred to
5eleci sultable accounting pollcies and then apply them cons15tently:
observe the methods and princlples In the Chartty SORP.
make Judgements and estimates that are reasonable anil prudent;
prepare the financial statements on the going concem basis unless it Is Inappropriate to presume that
the charitable company will conts.nue In business.
Page 5

TRAIL-BLAZERS MENTORING LTD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2020
STATEMENT OF TRUSTEES. RESPONSIBJLrriES - contlnued
The trustees a￿ re5ponslble for keeplng proper accoLrntlng records whlch éi5close wlth reasonable
accuracy at any time the financial posltlon of the charitable company and to enable them to ensure that
the financial statements comply with the Companies Act 2006. They are also respon51ble for safeguarding
the assets of the charitable company and hence for taklng reasonable steps for the prevention and
detectlon of fraud and other irregularlties.
Approved by order of the board of trustees on24th March 2021 and signed on its behalf by..
C A Kemp- Trustee
Page 6

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
TRAIL-BLAZERS MENTORING LTD
Independent examlner'$ report to the trnstees of TrJil-Bl8zers Mentorlng Ltd ('the CoM￿nY.)
E report to the charity trustees on my examination ol the accounts of the Company for the year endetl
31 Deeember 2020.
Re5ponslbllltle$ and basis of report
As the charity's trustees of the Company {and also its dlrectors for the purposes of company law) you are
sponsible for the preparatlon of the account5 In accordance with the requirements of the Companles Art
2006 {'the 2006 Act,).
Having satlsfied myself that the accounts of the Company are not required to be audited under Part 16 of
the 2006 Art and are ellglble for Independent examlnation, I report in respert of rny examinatlon of your
charity's accounts as carried out under sectlon 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 see￿on 145{5)
(b) of the 2011 Act.
Independent examlneVs statement
Since your charlty's gross income exceeded £250,000 your examlner must be a mernber of a listed body.
I can confirm that l am quallfbed to undertake the examinatlon because l am a reglstered member of FCA
whlch Is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connertlon
with the examlnatlon givlng me eause to believe:
accountlng record5 were not kept in respect of the Company as requlred by sectlon 386 of the
2006 Act; or
the accounts do not accord wlth those records- or
the accounts do not comply with the accounting requirement5 of section 396 of the 2006 Act other
thar* any reqU1￿ment that the accounts give a true and falr view which is not a matter considered
as part of an independent examination; or
the accounts have not been prepared in accordance wlth the methods and prlnclples of the
Statement of Recommended Practice for accountlng and reporting by charities (applicable to
charities preparing their accounts in accordance wlth the Flnanclal Reporting Standard appliuble in
the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connectlon wlth the examination to which
attention should be drawn in this report In order to enable a proper understanding of the accounts to be
reached.
Mr K. Luck
FCA
Gibbons Mannington & Phipps LLP
Chartered Accountants
Landgate Chambers
24 Landgate
Rye
East Sussex
TN31 7U
Date-
1 June 2021
Page 7

TRAIL-BLAZERS MENTORING LTD
STATEMENT OF FINANCIAL ACTIVITIES
{INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 DECEMBER 2020
2020
Totsl
funds
2019
Total
fvnds
Unrestricted
fund
liestricted
funds
Notes
INCOME AND ENDOWMENTS FROM
Donatlons and legacles
39,171
2,494
41,665
46,048
Charitable actlvltles
Nentoring of young offenders
109,679
246.609
356,288
277,425
Investment income
Other income
1,532
800
1,532
800
224
2,000
Total
151,182
249,103
400.285
325,697
EXPENDITURE ON
Raising funds
34,685
34,685
14,447
Charitable artivities
Mentortng of young offenders
181,672
137.118
318,790
315,728
Total
216,357
137,118
353N75
330,175
NEf INCOMEI{EXPENDrruRE)
(65,175)
111.985
46,810
(4,4781
Transfers between funds
14
111,985
{111,985)
Net movement In lunds
46.810
46,810
{4,478)
RECONCILIATION OF FUNDS
Totsl funds brought forward
49,829
49,829
54,307
TOTAL FUNDS CARRIED FORWARD
96,639
96,639
49,829
The notes form part of these finan¢lal statements
Page 8

TRAfL-BLAZERS MENTORING LTD
BALANCE SHEET
31 DECEMBER 2020
2020
Total
funds
2019
Total
funds
Unrestricted
fund
Restrfcted
funds
Notes
CURRENT ASSErs
Debtors
Cash at bank
12
380
235,003
371
287,085
235,003
235.383
235,383
287,456
CREDrroRS
Amounts falling due wlthln one year
13 (138.744)
(138.744) (237,627)
NET CURRENT ASSErs
96,639
96,639
49,829
TOTAL ASSEfs LESS CURRENT
LIABILrrEES
96,639
96,639
49,829
NEf ASSErs
96.639
96,639
49.829
FUNDS
un￿StrItted funds
14
96,639
49,829
TOTAL FUNDS
96,639
49,829
The charitable company is entitled to eXeMp￿On from audit under Sectlon 477 of the Compartles Art 2006
for the year ended 31 December 2020.
The members have not ￿qUIred the company to obtain an audlt of its financlal statements for the year
ended 31 December 2020 In Jccordance with Section 476 of the Companles Act 2006.
The trustees acknowledge their responslblllties for
(a)
ensuring that the charftable company keeps accounknng records that comply wlth Sectlon5 386 and
387 of the Companles Act 2006 and
Ib) preparlng financial statements whlch give a true and fvir vlew of the state of affalrs of the
charitable company as at the end of eath financlal year and of its surplus or deficit for each
flnandal year In accordan￿ with the requirements of Sectlons 394 and 395 and which otheThvise
comply with the requirements of the Companies Act 2006 relatlng to financial statements, so far as
applicable to the charitable company.
The notes fom part of these flnandal statements
Page 9
convnued...

TRAIL-BLAZERS MENTORING LTD
BALANCE SHEEf - continued
31 DECEMBER 2020
These financial statements have been p￿Pared In accordan￿ wlth the provi51ons appllcable to charitable
companies subject to the small companies reglme.
The financial ststements were approved by the Board of Trustees and authorised for Issue on
24th March 2021 and were signed on its behalf by:
C A Kemp- Trustee
P R F Simpson - Trustee
The notes fom) part of these finonclal statements
Page 10

TRAIL-BLAZERS MENTORING LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020
ACCOUNTING POLICIES
Basls of preparlng the flnanclal statements
The financial statements of the charitable companyl whlch is a public benefit ert￿ty under FRS 102,
have been prepared In accordance wlth the Charities SORP (FRS 1021 'Accounting and Reporting
by Charltles,. Statement of Recommended Prattl￿ applicable to charftle5 preparing their a¢¢ounts
Sn accordance with the Flnancial Reportlng Stsndard appllcable In the VK and Republic of Ireland
(FRS 102) (effective l January 2019),, Flnanclal Reporting Standard 102 'The Financlal Reportlng
Standard applicable In the UK and Republlc of Ireland, ané the Cornpanles Act 2006. The financial
statements have been prepared under the historlcal cost conventlon.
Flnancl•l reportlng standard 102 - reduced dlsclo$ur¢ exemptlons
The chèritable company has taken advantage of the following dlsclosure exemptions in preparing
these flnanclal statements, as pernitted by FRS 102 The financial Reportlng Standard appllcable
in the UK and Republic of Irelartd.:
the requirements of Sectlon 7 Statement of Cosh Flows.
Income
Voluntary Income is received by way of donations and gift5 and is included In full In the Statement
of Financial Activities when recelvable. The value of servlces provided by volunteers has not been
Include(J.
Grants are only included in the accounts when the income recognitlon crlterfa are met, In the case
of perfomance related grants, income Is only recognised to the extent that the charity has
provided the speclfled goods or setvlce5 as entitlement to the grant only occurs when the
performance related condltlons are met.
Expenditure
Expenditure is recognlsed In the perlod In whlch they are incurred, these include attrfbutsble
VAT which cannot be recovered.
Expenditure Is all allocated to the prfmary actlvlty of mentoriflgi except as stated below:
Fundralsing and publlclty costs are those incurred in generating Income and promoung the
company'5 profile.
Governance costs ore those Incurred exclusively on the administration of the company and its
compliance wlth Statutory requlrements which comprise the cost of auditing and accountlng,
Support costs are those incurred directly In support of expenditure on the objects of the company.
Tanglble flxed assets
Depreciation is provlded at the following annual rates In orijer to wrfte off each asset over its
estimated useful life.
Computer equipment
330/0 on cost
Taxatlon
The charity is exempt from corporatlon tax on Its charitable actlvltles.
Fund accountlng
Unre5thrted funds can be used in accordanee wlth the charftsble objectlves at the discretlon of the
trustees.
Restricted funds can only be used for particular ￿$tricted purposes withln the objects of the
chartty. Restrtctlons arlse when speufied by the donor or when funds are ralsed for parbcular
restricted purpose5.
Page 11
contlnued...

TRAIL-BLAZERS MEPrnRING LTD
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2020
ACCOUNTING POUCIES - contlnued
Fund accountlng
Further explanatlon of the nature and purpose of each fund Is Induded in the notes to the flnanclal
statements.
Pension eosts and other post-retlrement benefits
The charitsble company operates a defined contribution pension scheme. Contributions payable to
the charitable company's pension scheme are Charged to the Statement of Financlal Actlvitie5 in
the perl¢)d to which they relate.
L)onJted goods and servlces
Donated services and facS1ities are included in the SOFA when recelved at the value of the glft to
the charity provided the value of the glft can be measured rellably.
Donated se￿1￿5 and faalities that ore consumed immediately are recognlsed as Income wlth an
equlvalent amount recognised as an expense under the approprfaie headlng In the SOFA.
Debtors
Debtors {includlng trade debtors ané loans receivable) are measured on initlal recognition at
settlement amount after any trade dlscounts or amount advanced by the charity. Subsequentlyr
they a￿ measured at the cash or other conslderation expected to be received.
Credltors
The charity has ¢￿(￿(tOrS which are measured at settlement amounts less any trade discounts.
DONATIONS AND LEGACIES
2020
2019
Donations
41.665
46,048
Included In Donatlons is an amount of £24,997 {2019 £24,000) for donated facilitles and setvlces
provided by each of the 4 pr(sons that the charity serves. It is a best estimate of the value of the
facilities and servlces provided. The corre5pondlng expendlture Is included in the direct costs of the
charltable actlvlty of mentoring young offenders.
Also Included in Donations is an amount of £4,800 (2019 Nil) for donated serylces provided for
office supply. It Is a best estimate of the value of the servlces provlded. The correspondln9
expendItU￿ is Induded in office expenses in management support costs.
INVESTMENT INCOME
2020
2019
Deposit account interEst
1,532
224
Page 12
¢ontlnued...

TRAIL-BLAZERS MENTOIUNG LTD
t40TES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31 DECEMBER 2020
INCOME FROM CHARrrA8LE AcrivrriES
2020
2019
Actlvity
Mentoring of young offenders
Grants
356,288
277,425
Grants re￿1ve￿, Included in the above, are as follows:
2020
2019
Grant maklng Institutions
Furlough grants
345,176
11,112
277,425
356,288
277,425
CHARITABLE AcrIvrriES COSTS
Support
costs (see
note 61
Direct
C05ts
Totals
Mentorlng of young offenders
291,726
27,064
318.790
SUPPORT cosrs
Governance
costs
Management
Finance
Totals
Mentoring of young offenders
24,497
60
2,507
27,064
NEf INCOME/(expENDITURE)
Net incomel(expendlture) Is stated after charglngi(tredMng):
2020
2019
Independent examiners. remuneration
Bookkeeplng
1,920
587
2.046
TRUSTEES. REMUNERATIOt4 AND BENEFrrs
There were no tru5te&s' remuneration or other beneflts for the year ended 31 December 2020 nor
for the year ended 31 December 2019,
Trustees. expenses
One trustee was relmbursed for expenses during the year as follows:
2020
2019
Travel
Course fees
399
34
309
399
343
Page 13
contSnued...

TRAIL-BLAzeRS MEp¥foRING LTD
NOTES TO THE FXNANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31 DECEMBER 2020
srAFF COSTS
2020
2019
Wages and salaries
Social security costs
Other penslon costs
Z18,025
16,824
5,968
171,662
13,525
4,581
240,817
189,768
The average monthly number of employees during the year was as follows:
2020
2019
Employees
No employees recelved emoluments In eX￿sS of £60,000.
10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcnvThIes
un￿strICted
fund
Restricted
funds
Total
funds
INCOME AND ENDOWMEKfs FRON
Donations and legacies
21,388
24,660
46,048
Charltable artivltles
MentO￿ng of young offenders
87,135
190,290
277,425
Investment incorne
Other income
224
2,000
224
2,000
Total
110,747
214,950
325,697
expENDrruRE ON
Raising funds
14,447
14,447
Charltable actlvltles
Mentoring of young offenders
111,673
204,055
315,728
Total
126,120
204.055
330,175
Nrr INCOME/(EXPENDrruRE)
(15.373)
10,895
(4,478)
Transfers between funds
34,315
(34,315)
Net movement In funds
18,942
(23,420)
(4,478)
RECONCILIATION OF FUNDS
Total funds brought forward
30,887
23,420
54,307
TOTAL FUNDS CARRIED FORWARD
49,829
49.829
Page 14
contlnued...

TRAIL-BLAZERS NENTORfNG LTD
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31 DECEMBER 2020
11. TANGIBLE FIXED ASSETS
Computer
equlpment
cosr
At l January 2020 and
31 De￿rnber 2020
8,039
DEPRECIATION
At l January 2020 and
31 December 2020
8,039
NEf BOOK VALUE
At 31 De￿mber 2020
At 31 De￿mber 2019
12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2020
2019
Prepayments and accrued Income
380
371
13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2020
2019
Social security and other taxes
other eredltors
Accruals and deferred income
5,885
7,113
125,746
4,377
7,644
225,606
138,744
237,627
The charity's income is almost entirely grant based whlch a￿ applied for on an annual (or in one
case
24 months) basls to provlde mentoring for the ensulng 12 months. It therefore seem5
approprfate for the accountlng policy to reflect this. It also enables the accounts to more
accurately reflert the position by matching Income and expenditu￿.
I& MOVEMENT It4 FUNDS
Net
movernent
In fijnds
Tr7nsfers
betr4een
funds
At
311IV20
At 111120
Unrestrlcted funds
General fund
49,829
(65,175)
111,985
96,639
Restricted funds
Aylesbury
8rinsford
Isis
Wandsworth
Comic Relief Sustalnable Fund
(11,477)
16,860
56,798
50,167
(363}
11.477
(16,860)
(56,798)
(50,167}
363
111,985
(111.98S)
TOTAL FUNDS
49.829
46,810
96,639
Page 15
contlnued...

TRAIL-BLAZERS MENTORING LTD
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31 DECEMBER 2020
14, MOVEMENT IN FUNDS - Contlnued
Net movement in funds, included in the above are as follows:
Incomlng
resources
Resources
expended
Movement
in funds
Unrestrlcted funds
General fund
151.182
(216,357) {65,175)
Restrlcted funds
Aylesbury
Brlnsford
Isis
Wandsworth
Comic Rellef Sustalnable Fund
19,271
50,306
89.762
89.764
(30,748)
(33,446)
{32,964)
(39,597)
(363)
(11.477)
16,860
56,798
50,167
(363)
249.103
(137,118)
111.985
TOTAL FUNDS
400.285
(353,475)
46,810
Comparatlv¢s for movement in funds
Net
movement
in funds
Transfers
betsveefl
funds
At
31112119
At 111119
Unrestrlcted funds
Generdl fund
30.887
(15,373)
34.315
49,829
Restrlcted funds
Aylesbury
Brlnsford
ISJS
Wandsworth
7,136
12,631
(1.542)
(7,330)
(7,136)
(18.053)
(6,725)
(2,4011
5,422
8,267
9.731
23,420
10,895
{34,315 }
TOTAL FUNDS
54.307
(4,478}
49,829
Pege 16
continued...

TRAXL-BLAZERS MENTORING LTD
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31 DECEMBER 2020
14. MOVEMENT IN FUNDS- continued
Comparatlve net movement Sn fvnd5, included in the above are as follows:
Incoming
resources
Resources
expended
Movement
in funds
Unrestrirted funds
General fund
110,747
(126,120)
(15,373)
Restricted funds
Aylesbury
Brinsford
Isis
Wand5WOrth
Comlc Rellef Sustainable Fund
33,042
55,461
37,520
39.187
49,740
(25,906)
(42,830)
(39,062)
(46,517)
(49,740)
7,136
12,631
(1,542)
(7,330)
214,950
(204,055)
10,895
TOTAL FUNDS
325.697
(330,175 }
(4,478)
Transfers between fvnd$
Grants made are often restricted to one of the charlty's four projerts young offenderfs prisons
where we provide mentors by employlng a project manager to match mentors with mentees.
Incorne and expenditure Is analysed by proJett and any shortfalls covered by a trdnsfer of funds
from the unrestricted {corel fund. Support costs, such as management costs and the cost of
ralsing funds are split among the projects.
15. RELATED PARTY DISCLOSURES
There were no related party transactlons for the year ended 31 De￿mber 2020.
Page 17

TRAIL-BLAZERS MENTORING LTD
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2020
2020
2019
XNCOME AND ENDOWMEKrs
Donatlons and legacles
Donations
41,665
46,048
Investment Income
Deposit account interest
1,532
224
Charltable actlvltl•s
Grants
356,288
277.425
other Income
Repayment of funds
800
2,000
Total Incomlng resourtes
400,285
325,697
EXPENDrnJRE
Ralslng donations and l¢gJ¢ies
Fundraising tonsultancy
Fundraising costs
Fundraising major donor project
11,625
2,180
20,880
14,375
72
34,685
14,447
Charltable 8Ctlvltles
Wages
Soaal security
Pensions
Staff reerultment & trairtSng
Mentor recrultrnent & training
Mentor travel & meetings
Mentor & staff mlscellaneovs
other mentoring expenses
Travel & sub5iStence
Comic Relief Sustainable Fund Costs
Professional fees
Prfson costs - HMPS in Ileu
218,025
16,824
5,968
4.554
1,291
1,494
2.322
11,033
3.632
171,662
13,525
4,581
6,389
3,779
897
415
11,292
12,629
46,746
1,500
24,000
1,586
24,997
291,726
297,415
Support Costs
Management
Insurance
Offieè expenses
Subscriptions and publlcatlons
TB20 and TB 21 costs
1,792
17,969
4,736
1.476
5,910
1,157
7.664
24,497
16,207
Flnance
Bank charges
60
60
This page does not form part of the statutory flnandal statements
Page 18

TRAIL-BLAZERS MENTORING LTD
DETAILED STATEMENT OF FINANCXAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2020
2020
2019
Flnance
Governance costs
Independent examination fee
2,507
2,046
Total resources expended
353,475
330,175
Net Incomel{expenditure)
46,810
(4,478)
Thls page does not form part of the statutory flnancial Statements
Page 19