REGISTERED COMPANY NUMBER.. 03647928 (England and Wales) REGISTERED CHARfTY NUMBER: 10744S3 REPORT OF THE TRUSTEES AND UNAUDITED FIIIANCIAL STATEMENTS FOR THE YEAR ENDEO JI DECEMBER 2021 FOR TRAIL-BLAZERS MENTORING LTD Glbbons Mannlngton & Phlpps LL Chartered Accountants Landgate Chamber5 24 Landgate Rye East Sussex TN31 7U
TRAIL-BLAZERS MENTORING LTD CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 P•ge Reference and Admlnltr¥tlve Detalls Report ot th• Trustees Independent Ex•mln•r' Report Stat•m•nt ot Flnathdal Acllvltle• Balance She•t io Notes to th• Fln•ncl•l St•lement• 11 to 17 Det•lled St•¢ern•nt ol Flnand*l Artlvltl 18 to 19
TRAIL-8LAZERS MENTORING LTD IiEFERENCÉ AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 DECEMBER 2021 TRUSTEES C A Kemp {Chair} A Gadhta (resigned 15112120211 N A Janjua T Pauk P R F Simpson (Trea5urerl A Vmfreville (resigned 615120211 A Morrison K S A White (resigned 14110120211 R James-Ford (appointed 711212021) D Hall (appointed 2114120211 A Kudl lappolnted 211412021) SENIOA MANAGEMEMT J Alexander- Chief Executlve Officer (Aering) COMPANY SECRETARY P R F Slmpson REGISTERED OFFICE Land9ate Chambers Rye East Sussex TN31 7U REGISTERED COMPANY NUMBER 03647928 (England and Wales) REGISTERED CHARITY NUMBER 1074453 INDEPENDENT EXAM114ER Glbbons Mannlngton & Phlpps LLP Chartered Accountants Landgate Chambers 24 Land9ate Rye East Sussex TN31 7U Page I
TRAIL-BLAZERS 14ENTORING LTD KEPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021 The trustees who are also d0CtO of the tharity for the wrposes of the Companie5 Art 2006, present their report Vlith the ftnancial statements of the charity for the year ended 31 December 2021. The trustee5 have adopted the provisions of Accounting and Reportlng by Charities.. Statement of Recornrnended Practice appllcable to charities prepanng their accounts In accordance wlth the Financial Reporting Standard applicable in the UK and Republic of freland IFRS 1021 (effective l January 2019). OBJECTIVES AND ACTIVITIES Objectives and aims TraSlblazers objectives are.. The rehabilltatlon of persons who are or have been subject to a criminal charge and are setving custodlal sentence In one of Her Majesty's Pdsons or Young Offenders Institutlons, by Means of educatlonal training, mentorlng or guidarte provlded to such persons so as to asslst In thelr rehatsllltation Into the wider communlty. Alms.. To reduce the IlkelShood of roffendlng andlor the serlousness of re-offtndlng by pp8rfng offenders for release To ease the diificulf perl¢)d of trnnsltlon of the offender back Into soclety followlng release from pdson To ernpawer the young person to make positive Choices by developlng the any offender's self-esteem, confidence. education and knowle¢Jge of opportunlties To enhance the resettlement servlces offered by HMPS by uslng volunteer mentor5 t0 5UPPOrt offenders on release. Pybllc beneflt The Trustees, hivlng revlewed the maln actlvltles undertaken by Trallblazers to further Its £harltable purposes for the PLtbllt beneflt, condvde that pybllc benefit contlnues to be dertved from Trailblazers actlvitles. Trailblazers reduces the Ilkellhood of -gffeThdlng by prepaflng offenders for release and supportlng thern durln9 a transltlonal perlod p05t-release. Trallblazeys conslstent success In achlevlng slgnlflcantly lower re-offendin9 figures as compared with the national average (see below) provldes a tangible public benefit. Redurtion In cme leads ta safer communitles and fewer vlctlms of offendlng behaviour. and in addltlon contributes to a reductlon In the costs to the pybllc purse assoclated wlth pollcing, court processes and holdlng an indlvldual In a prison or young offenders in5litutlon. The Trustee5 have ttmplled wlth the duty In settlort 4 of the Charftles Art 2006 to have due regard to publlc beneflt guldance publlshed by the Commls5ion. V•lunteer• Volunteer mentor5 are trained to Ilsten, advlst, supp)rt and challenge thelr mentees, and help them plan thelr fvture Jfter release Irom custody. Mentoring Is prfmarfly Intended to take place In51de the prlson in the final slx months of the mentee. sentence and contlnue p05t-release lor up to a ftjrther nine months. Mentoring conslsts of a structured programme dellvered thr¢)ugh the vse of toolsets whlch comprlse Introduction io Mentorlng. 8etter Relationships. Assertlng Myself, Money Matters, Gettlng to wo, and Through the Gate. There are no 9enenl volunteers. Pa9e 2
TRAIL-BLAZERS MENTORif4G LTD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021 ACHIEVEMENT AND PERFORMANCE Ch•rltoble activities In the twelve months covered by thrs report Trailblazers Mentoring (Trailblazersl has continued to support young people In prison ppare for release and then supporting them in the community for up to one year. Our aim is to reduce the risk of reoffending and support mentees re-integrate into the comrnunity. Thls report will summarise the organisation's achievements. Trailblazers had ambitlous plans for development of the selv1 during 2021 desplte contlnulng uncertainties surroundlng the outcome of the pandemSc. Plans included full operations at HMP Brixton (opened 20201 and identifylng an addltlonal prlson in the West MIL1Iands. The ftrst mentees released frorn HMP Brixron followeil a Slightly limited mentoring service due to HMPSS lockdown restrictlons. Furthermore, plans to start an innovative accredlted 'peer ¢0 peer, mentoring pllot were )ged wlth HMP Oakwood In September 2021 to start In the first quarter of 2022. Alongside thi5 Trailblazees contlnved to transfom its 'Trfough the Gate, praetital support and post-release community services. These setrvlces proved erftical throughout 2021 and Included intenslve practical support In the earfy weeks post-release for many mentees. This support included care packages (smartphones to contact probation and apply for benefits. ID, bankln9 and health servites,. travel cards,. food vouchers), arranging safe accommodatlon. and mentorin9. Once settled, mentees were offered support In education, training and employment often in conjunctjon wlth partner5 in both corporate and charltable sectors. As restrirtlons eased from June onwards the volunteer mtnttsrs were 9rndually able to attess the pdson projects, although access was dlsrupted throu9hout the year by local lockdowns due to Covld outbreaks and prlson staff shortages. However, mentors were able to contlnue to provlde support In the ttmmunlty, although most were undertaken remotely. Alter flve years. deillcated servicè the CEO left the ¢yganlsatlon, and hls deputy was appointed as Actlng CEO. Durln9 2021 a dedlcated Fundrnlsing Manager and an Operatlons ant1 Admlnlstratlon Manager were appolnted. Additlonally, dumng the ye•r three adtiitlonal trustee5 wre appolnted. three havlng reslgned. Contlnued su<c•s• Desplte restrided prtson access durlng 2021 Trallblazers.. matched 105 new mentors wlth volunteer mentors; a ts¥ofold Increase compared to 2020. 135 mentees were supported In 2021 with arwnd 50% In pson and 50% In the eommunlty post-release provlded Through the Gate, care packages Jnd Smart phones to 66% of released mentees. supported 70 volunteer menrors who dellvered mentorfng both face tts fèce and remotely In both ps0S and the community. contlnued to retwlt and traln new mentors. However, delays In prlson securlty clearance combined wlth access restrlctlons extended the lead tlme for new mentors. full Indurtion, especlally In the first half year. enabled 25% of menrees In the community to benefit from educatlon, tralnlng and employment opportunltles For those who had access to TrJllblazers. the re-offendlng rate after the first year was 8%. compared wlth a national rate of between 25% and 45%. Project Manager5 continued to acllvety engage wlth thdr local ttmmunltles, Includlng local vOlUnteeng agencies, universities, colleges and community groups to recruit a eross sertlon of volunteer mentors wlth a diverse base of knowledge and cultural awareness. experiences and skills whlch could be used to deal wSth the young people wlth whom the charfty works. During 2021 there engagement5 Wlth organlsatlons including access to three community hubs in ihe Midlands, Cleansheet, Performance Sport Plus, as well as apprentice opportunities wirh BOunbaCk. agreements wlth the Digital Poverty Alliance to provide digital devices to mentees and pro bono tralnin9 by North S2. The Trustees would like to thank staff and volunteers for their contlnued hard wot, thelr positrve results and Sook forwar<J to contlnuing to suttessfvlly help young offenders. Note I: Ministry of Justlce reoffending rate data has been Imparted by the pandemlc indudin9 delays In court hearings. Page 3
TRAIL-BLAZERS MENTORING LTD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021 FINANCIAL REVIEW Fln?ncial position The finantts of the charity continue to be stable s anticipated there was a L1eflct In the year of £51,288 compared with a surplus in 2020 of £46,810. Reserves amounted to £45,351 (down from E96.639 at the end of 20201. The deficit followed substantial Investment in fundraisingt including employing a Fundraising Manager as part of the strategy to diversify the charity's income streams, which hitherto have mainly been from grant-rnaking ix)dles. The cash position remained strong at £237,465, an Increase froffl the prevlous year at £235,003. The financial positon is reviewed monrhly by the Chair, TaSurer ènd CEO and by the Trustees at bi-monthly board meeting5. Prlnclp•l fundlng Mur¢ All pre-exlstlng grantors have continued to fvlfil thelr fundlng promlses and new appllcatlons for fvndlng to trusts and fOUndatn$ were increased In response to the tlghtenlng conditions within the grant-maklng sector. As part of the charity's three-year 8usiness Plan (see below) a major donor fundralslng Development Board and programme was launched to dlverslfy potentlal sourtes of Income from major donors, torporates, and famlly twsts. Inv••tment polley and objectlv Trallblazer's fund5 are largely due to be spent in the short tem), so the Tnjstees con51der that lon9 term investment 15 inapproprtate. Funds not required Immedlately are therefore held In a depOt account or short-term bonds. Ruerves poll¢y Trallblaze¢s reserve5 pollcy Is to have unrestrlcted funds . that Is. not commltted or Invested In tanglble flxed assets In reserve to cover at least slx months of unrestrleted expendlture to deal wlth any slgnlficant decrease In fvndlng. The level of unrestrlcted reserves on 31 December 2021 was £45,351 (2020 É96,6391 compared with estlmated slx months expendire of lust under £210.000. This level ol seThe$ is greotly mltlgated by unrestrlcted cash In hand of £144,233 and restrtcted cash In hand of £93,232, represèntlng grants already recelved In respect ol expendlture planned for 2022. Page 4
TRAIL-BLAZERS MENTORING LTD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021 FINANCIAL AND RISK MANAGEMENT OBJEcmiES At4D POLICIES The Trusrees consider the major risks to which the charity is exposed èt both bi-monthly meetings of the Risk Task group and at the bi-monthly board meetings- where appropriate, systems and procedures are mp1emented to manage those dsks. A Risk Policy and a Risk Register is in place, and this is reviewed at each meeting ol the Trustees along with an incident log whith is also malntalned to record any adverse Incidents. During the year speeific risks adslng from the Covid 19 pandemic were Included, along with addltional effort needed to secure funding due to Increased demand on fvnders and tight cost control. Trallblazers rnanage5 risks to It5 Staff and volunteers from eyposure to offenders through tralnlng offered by the psOn Se1 {Including personal protection and co)dltlonlngl, robust and managed procedures, and through a systern of individual artd group supeNlsion. Additionally, all volunteer mentors who support mentees post release are issued wilh a mobile phone so they can maintoln contact with the Project Manager at the start and end of any ttmmunlty sesslons. This control a150 ensures volunteer mentors do not give mentees any personal Contact Infotmatton. All staff undertook safeguart11ng tralnlng durlng 2021 delivered by an external thlrd party and thos learnlng Is being shored with mentors. At the end of 2021 TrallblJzer5 W45 operatlng Inslde flve re-settlement prlsons and Young Offenders Instifutlons and has establlshed J significant and contlnulng relatlonshlp wlth Her Majesty's Prlson and Probatlon Servlces. Servlce Level Agreements are In place at all prtlect sltes, arrfl although Trallblazer5 does not recelve any dlrect nnanclal eontrtbution, It reiVeS significant 'funding in klnd, in the fomi of offlce space, heat, 11ght, rurniture and eoLtlpment, telephony, statlonery. and postage. FUTURE PLANS Durln9 2021 a three-year 8uslnes5 Plan Jnd Investment programme was agreed by trustees wlth emphasls on five key areas: il Wldenlng access, Includlng expandlng to ten pr150ns and trebllng mentee& People development for stsff, volunteers and twstees. 1111 Partnershlp5 wlth organlsarions that opernte In a slmllar envlronment. Iv) Sustalnablllty Ilinancial, operatlonal and envlronmental). vl Improved pro¢esses and systems. Followlng thls, Trallblazers enters 2022 as a strong and rtslllent or9anlsatlon able to move forward wlth ambltlon and confldence In developlng and delIVen9 a more sophlstlcated prcgramme of serylce dellvery. STRUCTURE. GOVERNA14CE AND MANAGEME14T Governlng d•¢ument The charity 15 controlled by its 9overnlng document, a deed of tnjst, and constitutes a Ilmlted companyt Ilmitèd by guarantee, as defined by the Cornp4nles Act 2006. The charity 15 controlled by its governlng dowment. a deed of trust, and constitutes a Ilmlted companyi Imlted by guarantee, as definetl by the Companles Art 2006. Trall-81azers mentOn9 Ltd - (a150 known as Trdllblazers). Is a tharttable ttmpany Ilmlted by guarantee wlthout share capital incorporated on 12 Ortober 1998 and gIstered as a charity on l March 1999. The company was established under a Memorandum of Association which establlshed the objects and the powers of the charitable tompany and Is governed LFnder its Arttcles of Association. Amended Artlcles of Assoclation were adopted on 23rd September 2020. In the evenl of the eompany belng wound up members are reouired to contrfbute an 4mount not exceedlng £10. Recruftment and appolntment of new tSteS Trallblazers aims to have not Sess than four Trustees at any one tlme. vp to a maximum of ten. A5 soon as a servlng Trustee dedares an intention to resign, the Truees will endeavour to ¢n11t 3 new Trustee. From tlme to time the Board reviews the skills of existing Trustees and identifies skills gaps. Trustees are recrulted by means of personal approach and wider advertlslng via the national press and speaalist Thlrd Sector pvbllcations. Page 5
TRAIL-BLAZERS MENTORING LTD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021 STRUCTURE, GOVERNANCE A14D MANAGEMENT Organisational structure The Board of Trustees meets at least quartetly to contrttxjte to the strategic dlrertlon and pollcy of the Charity. Day to day responsibiltty is delegated to the CEO who has responsibility for ensuring that the charity dellvers the seNlces speclfled,. financlal management. legal compliance, human resources, fundraising and marketlng, public relations and risk management. The CEO Is supported by the Board of Trustees. Each project Is led by a Project Manager who is based at that prison. Community Support Workers In London and the West Midland5 provide tntensive practical supptsrt to mentees in the slx weeks prSor to nd after release. Each Project Manager has day to day responsibility for the management of that project including recruitrnent and training of mentors, recruitrnent of potential mentees. matching of mentor5 to mentees, meetiftg target5 and effective data management and retord keeping. In 2021. Project Managers were In place at HMPIYOI 8rinsford combined with a new project at HMP Oakwood: HMP Wanijsworth combined wlth HMP 8rixton' HMPYOI Aylesbury and HMPIYOI Isis. Trjllblazers •150 employs J lull-time Operatws •nd Admlnlstration Mana9er who mana9es all the operat4on41 functlons of the charlty. Monthty management accounts are produced with the help of the Treasurer. Indurtlon tr•OnOng of new tru•te After the Initlal approach the prospective Trustee wlll meet wlth the Chalr and another Twstee. followed by a meetlng wlth the CEO. These meetings wlll Include a full brlefing on the legal and Ananclal responslbllitles of Trustees, and a thorough explanatlon of the work of the chJrlty- The prospective Trusree will reeelve.. The Memorandum and Artlcles of Assoclatlon The latesr published Annual Accounts and Trustees. Report A current copy of the management accounts, which Includes the yearf5 budget Mlnutes of the prevlous three Board mertlngs The three.year 8uslness Plan A copy of the latest relevant Chartty Commlsslon 9uldance for Trustee5. After attendlng a Board meetln9 as an obsetver, a dedslon Is made by the Trustees, In consultatlon with the prospectlve Trustee and the CEO as to suitsbllity. The fomal Vote to elert a new Trustee wéll take place at the next apprOpate Board meetlng and wlll be ratlfied at the next Annual General Meetlng. On ratlflcation by the board. each new trustee Is provlded wlth a formèl Indurtlon. STATEMENT OF TRUSTEES, RESPOP4SIOILITIES The trustees (who are also the di£t0r$ of Trail-8lazers Mentorlng Ltd for the purposes of company lawl are responsible for preparing the Report of the Trustees and the flnanclal statements In attordanee wlth applicable law and Unlted Kln9dom Accountlng Standards (Unlted Klngdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare finandal statements for each flnanclal year whlch glve true and fair vlew of the state of affairs of the tharirable company and of the Incoming resourtes and pplicatlon of resources, Induding the income and expenditure, of the charltable company for that perlod. In preparing those financlal statements, the tnjstees are required to select sultable occountlng policles and then apply them conslstenily; observe the rnethods and principles in the Charity 50RP,' make judgements an¢J estimates that a reasonable and prudent; prepare the financlal statements on the going concern basis unless it Is InapprOpate to presume that the charitable company will contlnue In buslness. The trustees a responslble for keeplng proper accountlng records whlch disdose wlth reasonable accuracy at any Ilme the financial position of the tharitable company and to enable thern to ensure that the financial statements comply wlth the Companies Act 2006. They a also responsible for safeguarding the assets of the charitable company and hence for taking asonable steps for the prevention and detection of fraud and other irregularities. Approved by order of the l)oard of trustees on 23 Marth 2022 and signed on Its behalf by: Page 6
TRAIL-BLAZERS MENTORING LTD RÈPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021 C A Kemp - Trusteè Page 7
INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF TRAIL-BL•4ZERS MENTORING LTD Independent examiner's report to the trustees of Tr•il-Blazers Mentorlng Ltd {'the Company.) I report to the charlty tnjstees on rny examination of the accounts of the Company for the year ended 31 December 2021. Responslbllltles and basis ol report As the chadty's trustees of the Company (and also Its dlrertors for the purposes of company law) you are responslble for the preparation of the aecounts In accordance with the reqLbirements of the Companies Act 2006 I'the 2006 Act'l. Having satisned myself that the accounts of the Company a not requlred to be audited under Part 16 of the 2006 Act and are ellgible for independent examination, I report In respect of my examination of your chanty'5 accounts as carrled out under sectiorb 145 of the Charlties Art 2011 I'the 201 L Act'l. In carrylng out rny examinatlon I have followeil the Dirertions given by the chaty Comrnission under section 145151 Ibl of the 2011 Act. Xndependent ex•mln*r'• •tstement Since your charity's gross income exeded É250.000 your examlner must be a member of a Ilsted body. I can conflrm that I am quallfied to undertake the examlnatlon because I am a reglstéred member of FCA whlch Is one of the 115ted bodies. I have completed my examlnatlon. I conflm that no matters hjve come to my attentlon in connectlon vllth the examlnatlon givlng me cJuse to belleve.. accountlng records were not ktpt In respect of the Company as requlred by sectlon 386 of the 2006 Act., or the accounts do not attord wlth those records: or the accounts do not comply wlth the aceountlng reqU1MentS of sethon 396 of the 2006 Act other than any requlrement that the accounts glve a true and falr vlew whlch Is not a matter consldered 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 Prnctice for accountlng and reportin9 by charltles (Jpplicable to charitles preparlng thelr atcounts in accordance wlth the Flnanclal Reportlng Standard appllcable In the UK and Republlc of Ireland {FRS 102)). I have no coneerns and have come across no other matters In connectlon wlth the examlnatlon to whlch attentlon should be drawn In thls rep)rt In order ro enable a proper undetstandln9 of the accounts to be reached. Keith M Luck FCA Mr K. Luck FCA Glbbons Mannin9ton & Phlpps LLP Chartered Accountants Landgate Chambers 24 Landg3te Rye East Sussex TN31 7LJ Date.. Page 8
TRAXL-BLAZERS MENTORING LTD STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDÉD 31 OECEMBER 2021 2021 Total tund 2020 Total ftjnds Unrestricted fund Restricted fvftds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 51.471 1,009 52,480 41,665 Charrtable activities Mentoring of young offenders 165,237 198,347 363,584 356,288 rnvestment income Other Income 1,066 1,066 1,532 800 Total 217,774 199,356 417,130 400,285 EXPENDrnIRE ON Ralslng funds 54,391 54,391 34,685 Ch•rlt•ble •¢tlvltle• Mentoring of young offender5 216.411 197,616 414,027 318,790 Tot•1 270,802 197,616 468,418 353,475 NET INCOME/(EXPENDrnIRE) (53,028) 1,740 {51,288) 46,810 Transfer• between lund• 15 1,740 (1,740) Nt mov•m•nt In fund* (51,288) (51,288) 46,810 RECONCZUATION OF FUNDS Totsl funds brought forw4rd 96,639 96,639 49,829 TOTAL FUNDS CARRZED FORWARD 45,351 45,351 96.639 The nrtes these fiarSaI statements Poge 9
TRAIL-BLAZERS MENTORING LTD BALANCE SHEET 31 DECEMBER 2021 2021 Total funds 2020 rotal funds Unrestricted Restricted fvnd fijnds Notes CURRENT ASSETS Oebtors Cash at bank 13 I,S77 144,233 1,577 237,465 380 23S,003 93,232 145,810 93,232 239.042 235.383 CREDITORS Amounts falllng due wlthln one year 14 (100,459) (93,232) {193.691) (138, 744) NET CURRENT ASSETS 45,351 45,351 96,639 TOTAL ASSETS LESS CURRENT UABILITIES 45.351 45,351 96,639 NET ASSETS 45,351 45,351 96,639 FUNDS Unresrrirted funds 15 45,351 96,639 TOTAL FUNDS 45.351 96,639 The eharltable ttjmpany Is entltled to exemptlon from audlt under Strton 477 of the Companles Art 2006 for the year ended 31 December 2021. The members have not requlred the comnY to obtJln •n •udlt of its fln4rKlJl statements for the year ended 31 De¢ember 2021 Ift •¢¢ordJnce wlth Secuon 476 of the Companles Art 2006. The trustees acknowledgt thelr responsibllltles for lal ensuring that the charitable company ke¢p5 Jtrwntlng records that comply wlth Sectlons 386 and 387 of the Companles Act 2006 and preparing nnandJl statements whlch glve a true and falr vlew of the state of affalrs of the charltable company as at the end of each finandal year and of Its surplus or deflcit for each flnanclal year In accordance with Ihe requirements of Sectlon5 394 and 395 and whlch otherwlse omply wlth the requirements of the Companles Art 2006 relatfjng to financlal statements, 50 far as ppllcable to the chjdtable company. Ib) These flnanclal statements have been prepared In accordance wlth the provlslons appllcable to thadtable companles subjert to the small companles reglme. The flnanclal siatements were approved by the 8oard of Trustees and authorlsed lor Issue on 23 March 2022 and were slgned on Its behalf by.. C A Kemp - Trustee P R F Simpson Trustee The fom part dttse finarKkal statements Page 10
TRAIL-BLAZERS MENTORING LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements of the chantable company, whlth is ? public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP IFRS 1021 'Accounting and Reportin9 by Charities.. Statement of Recommended Prnttice appl¢cable to charities prepanng their accounts n accordance with the Flnanclal Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 leffectlve l January 2019),, Financial Reporting Standarf1 102 'The Financlal Reportlng Standard applicable in the UK and Republic of Ireland. and the Companles Art 2006. The flnanclal Statements have been ppared un¢Jer the historlcal cost conventlon. Pln•n¢l•l reportlng st•nd•rd 102 - reduced dlsdosure exemptlon The charitable company has tsken advanrage of the following disclosure exemptlons In prepadng these fSnanclal statements, as perniltted by FRS 102 The Flnanclal Reportlng Standard appllcable In the UK and Reptsbllc of Ireland,: the reoulremenrs of Sertlon 7 Statement of Cash Flows. Income Voluntary Income Is reIved by way of donatlons and glfts and Is Included In fttll In the Statement of Financlal Actlvltles when recelvable. The value of setvlces provlded by ¥olunteers has not been Induded. Grants are only Included In the accounts when the Income recognltlon crItea are met. In the case of performance related grants, Income Is only COgnISed to the extent that the charSty has prgvlded the speclfled goods or servlces as entitlement to the grant only occurs when the perforn7ance related condStlons are met. Expendltur• Expendlture Is recognlsed In the perlod In whlch they are Incurred. these Include attrlbutable VAT whlch cannot be recovered. Expendlture Is all allocated to the ylmary actlvlty of mentodng, except as stated below: Fundralslng and publlclty Costs are those incurred In generatln9 Income and promotlng the company's proflle. Governance costs are those Incurred exduslvely on the admlnlstrat4on of the company and Its compllance with statutory requlrements whlch comprise the cost of audltlng and )ccounting. Support CQsts are th05e Incurred dlrertly In sUPPQrt of expendlture on the objects of the eompany. T•nglbl• Ilxed ••s•ts Depreclation Is provldeil at the followlng annual rates In order to wrlte off eath asxt over Its estimated useful life. Computer equlpment 33% on cost T•xJtlon The charity is exempt from corporatlon tax on Its thèrotable artlvltles. Fund •c¢ountlng Unrestrlcled fvnds can be used In a¢cordarKe wlth the d)aritable objectives at the dISctIon of the trvstees. Restricted funds can only be used for partlcular r¢stdcted purpjses within the objects of the Charity. Restrlrtlons arbse when specifd by the donor or when funds a ralsed for partlcular restrirted purposes. Further explanatlon of the nare and purpose of each fvnd is I1ded in the notes to the flnanclal statements. Page 11 continued...
TRAIL-BLAZERS MENTORING LTD NOTES TO THE FINANCIAL STATEMENTS- cotttlnu•d FOR THE YEAR ENDED 31 DECEMBER 2021 ACCOUNTING POLICIES - contlnued Penslon costs •nd other post-retlrement benefits The charitable company operates a defined contribution pension stheme. Conttrlbutlons payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. Donated good* and servlces Donated services and facilities are included in the SOFA when recelved at the value of the glft to the charlty provided the value of the gift can be meaSUd rellably. Donated servite5 and facllities that are consumed Immedlately a cOgnised as income wlth an equlvalent amount recognlsed a5 an expense under the apprOpate heading In the SOFA. D•btor• Debtors (IncldIng trade debtors and loans recelvablel are measured on Initlal recognltion at settlement Jmount after any trade discounts or amount adVand by the chanty. Subsequently, they are measured at the cash or other Condent00N expected to be reIved. Cr¢dltor• The charlty has credltors whlth are measured at settlement amounts less any trnde dlscounts. DONATIONS AND LEGACIES 2021 2020 Dgnatlon5 52,480 41,665 fnclvded In Donatlons Is an amount ol E24.996 (2020 - £24,997) ft>r donated fJdlltle5 and servlceg provlded by each of the 4 prlsons that the chartty serves. 1115 a l)e5t estlmate of the value of the facllitles and serylces provlded. The corresponding expendlture 15 Included in the dlrert Costs of the charltable actlvlty of mentorfn9 young offtndets. INVESTMENT INCOME 2021 2020 Deposlt account Interest 1,066 1,532 ZNCOME FROM CHARITABLE ACTIVITIES 2021 2020 Actlvlty Mentorbng of young offenders Grants 363.584 356,288 Grnnts received, includetl In the above. are as follows.. 2021 2020 Grant making Institutions Fudough grants 363.584 345,176 11,112 363,584 356,288 Page 12 contlnued...
TRAIL-BLAZERS MENTORING LTD NOTES TO THE FINANCIAL STATEMENTS - rontlnued FOR THE YEAR ENDED 31 DECEMBER 2021 CHARITABLE ACTIVITIES COSTS Support costs {see note 61 Dirert Costs Totals Mentoring of young offenders 394,446 19,581 414,027 SUPPORT COSTS Governance costs Management Totals Mentorfng of young offender5 16,545 3,036 19,581 NET INCOMEI(EXPÉNDITURE} Net Incomel{expendlt¢Jre) Is stated after tharylng1{credltlng)'. 2021 2020 Independent examlners, remuneratlon Bookkeeplng 1.956 1,920 587 TRVSTEES, REMVNeRAnON AND BENEFITS There were no trustees. remuntratton or other nefits fty the yt•r ended 31 December 2021 nor for the year ended 31 December 2020. Tru•t*e#' txpens No trustees were relmbufsed for expense5 durlng the ye•r •5 follows: 2021 2020 Travel 399 399 STAFF COSTS 2021 2020 Wa9es and salarles Soclal securtty Costs other penslon costs 297,933 23,005 6,617 218,02S 16,824 5,968 327,555 240,817 The average monthly number of employees durlng the year was as follows.. 2021 2020 Employees P4ge 13 continued...
TRAIL-BLAZERS MENTORING LTD NOTES TO THE FINANCIAL STATEMENTS- cofttlnued FOR THE YEAR ENDED 31 DECEMBER 2021 STAFF COSTS- conllnued The number of employees whose employee benefits {exdudlng employer penslon costs) exceeded £60,000 was.. 2021 2020 É60,OOL - E70,000 io. EX GRATIA PAYMENTS An employee recelved ) tax free ex-grntlj pJyment of £18.286 upon termlnotlon gf their employment. 11. COMPARATIVES FOR THE STATEMENT OF FINANCZAL ACTIVITIÉS Unrestrirted Restrirted fund ftjnds Total funds INCOME A14D ENDOWMENTS FROM Donatlons and legacles 39.171 2,494 41,66S Charlt•ble •ctlvltl¢• Mentoring of young offenders 109,679 246,609 356,288 Investment Income Other Incomé 1.532 800 1,532 800 Total 151,182 249,103 400,285 EXPENDITURE ON Raising funds 34,685 34,685 Charltabl¢ •rtfvltl Mentorlng ol young offenders 181.672 137,118 318,790 Totsl 216.357 137,118 353,475 NET INCOMÉ/(EXPENDIfVRE} 165.175) 111,985 46,810 Tr•n¥fer¥ between fund• 111,985 1111,9851 14et movement In fvnd• 46.810 46,810 RÉCONCZLfAnON OF FUNDS Tot•1 funds brought forwaryl 49,829 49,829 TOTAL FUNDS CARRIED FORWARD 96,639 96,639 Page 14 continued...
TRAIL-BLAZERS MENTORING LTD NOTES TO THE F114ANCIAL STATEMENTS- cotttlnued FOR THE YfAR Ef4DED 31 DECEMBER 2021 12. TANGIBLE FIXED ASSETS Computer equlpment COST At l January 2021 and 31 December 2021 8.039 DEPRECIATION At l January 2021 and 31 Detember 2021 8,039 NET BOOK VALUE At 31 December 2021 At 31 Detember 2020 IJ. DEBTORS.. AMOU14TS FALLING DUE wrrHZN OIIE YEAR 2021 2020 Prepayments and accrued Income 1,577 14. CREDrroRS: AMOUNTS FALLING DUE WZTHIN ONE YEAR 2021 2020 Soclal securtty and other taxes other credltors Accruals and deferred Income 5,098 17,521 171,072 5,885 7,113 125,746 193,691 138,744 The charlty's Income Is almost entirely grant based whlch a applled for on an annual lor In one se 24 months) basls to provlde mentorlng for the ensulng 12 months. It therefore Seems approprlate for the accountlng poliry to flert this. It also enables the accounts to more accurately reflect the pogtlon by MahIng Income and expendltiire. Is. MOVEMENT IN FUhlDS Net movement In funds Transfers between funds At 31112121 At 111121 Unrutrl¢t•d funds General fund 96,639 (53,028) 1,740 45.351 Restrlrted fund• Aylesbury Brinsford Isis Wandsworth Bx[On (20,736) (43,034) 8.289 46.064 11.157 20.736 43.034 (8.289) (46,064) (11.157) 1,740 {1,740) TOTAL FUNDS 96,639 (51,288) 45,351 Page 15 continued...
TRAIL-BLAZERS MENTORING LTD NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021 15. MOVEMENT IN FUNDS- contlnued Net movement in funds. Induded In the above are as follows: Incoming resour5 Resource5 expended Movement in funds Unrestrlrted lund• General fund 217,774 (270,802) {53,028} Restrlcted funds Aylesbury erlnsford Isis Wandsworth Bdxton 17.835 21,839 41.302 100.837 17,543 (38.571) (20,736) (64,873} (43,034) (33,013) 8,289 (54.773) 46,064 (6,386) 11,157 199,356 {197,616) 1.740 TOTAL FUNDS 417,130 (468,418) (51.288) Comp•r•tl¥u lor mo¥•m•nt In luthd• Net mgvement In fvnds Translers between funds At 31112120 At 111120 Unrnstrlcted fund• General fund 49,829 (65,175) 111,985 96,639 Rutrlcted fund• Aylesbury 8rinsford ISIS Wandsworth Comlc Rellef Sustalnable Fund {11.477) 16,860 56,798 50,167 13631 11,477 116,860) 156,798) 150, 1671 363 111,985 (111,985) TOTAL FUNDS 49,829 46,810 96,639 Pay 16 continued...
TRAIL-BLAZERS MENTORING LTD NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2021 15. MOVEMENT IN FUNDS- contlnued comporats.ve net movement In funds. include11 in the above are as ftllows.' Incomin9 resources Resources expended Movement in fvnds Unrestrlrted fund• General fund 151,182 (216.3571 {65, 1751 Restrlcted funds Aylesbury Brinsford ISIS Wandsworth Comlc Rellef Sustalnable Fund 19.271 50,306 89,762 89,764 {30,7481 {33.4461 (32.9641 (39,597} 13631 (11,4771 16,860 56.798 50, 167 13631 249,103 {137,118) 111,985 TOTAL FUNDS 400,285 (353,4751 46,810 Tr•n•ler b•tw•en tund• Grants made are often restrttted to one of the charfjty's four prolerts - young offen¢Jer's pSonS where mentors are provlded by employlng a project manager to match mentors v41th mentees. Income and expenditure Is analysed by project and any shortfalls coveret1 by a transfer of funds from the unrestncted (corel funtl. Support Costs, 9Jch as management costs and the eost of raising funds are spllt among the projects. 16. RELATED PARTY DZSCLOSURES There wère no related party transactlons for the year ended 31 December 2021. Page 17
TRAIL-BLAZERS MENTORING LTD DETAILED STATE14ENT OF FINANCIAL AcrivmES FOR THE YEAR E14DE0 31 DECEMBER 2021 2021 2020 INCOME AND ENDOWMENTS Donations and legacles Donations 52,480 41,665 Investment Income Deposit account Interest 1,066 1,532 Charltable •ctlvltl Grants 363,$84 356,288 other Incom• Repayrllent of funds 800 Tot•1 Incomlng rerC 417,130 400,285 ExpeNDITURE Ralln9 dontlons and l•g•cOes Fundralslng consultoncv Fundralslng costs Fundralslng - major donor prole¢t Fundralslng salaries 6,661 854 24,000 22,876 11,625 2, 180 20,880 54,391 34,685 Chthrltable actlvltl•• Wages Social setvdty Penslons Staff recrultment & tralnlng Mentor recruitment & trainln9 Mentor travel & meetlngs Mentor & staff mlscellaneous Other mentorlng expenses Travel & subslstence Professlonal fees Prlson costs - HMPS In Ileu 297,933 23,005 6,617 3,061 2.030 1.911 5,097 19,343 8,064 2.389 24,996 2 18,025 16,824 5,968 4,554 1,291 1,494 2,322 11,033 3,632 1,586 24,997 394,446 291,726 Support cgsts Management Insurance Office expenses Advertlslng Subscrlptions and publlcatlons 1,519 10.437 84 4.505 1,792 17,969 4,736 16,545 24.497 Finance Bank charges 60 Thi4 page doe5 not (Drm part of the financk•l statsments Page IB
TRAIL-BLAZERS MENTORING LTD DETAILED STATEMENT OF FINANCIAL AcfIvITIES FOR THE YEAR ENDED 31 DECEMBER 2021 2021 2020 Flnance Governance costs llldependent examlnatlon fee Legal fees 1,956 1,080 2,507 3,036 2,507 Total resources expended 468.418 353,475 Net (expendlture)/lncome (51,288) 46.810 This pa9e thes not romi part of the statuitry financkil statements Payé 19