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2024-12-31-accounts

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 2024

FOR

TRAIL-BLAZERS MENTORING LTD

Gibbons Mannington & Phipps LLP Chartered Accountants Landgate Chambers 24 Landgate Rye East Sussex TN31 7LJ

TRAIL-BLAZERS MENTORING LTD

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

Page Page Page
Reference and Administrative Details 1
Report of the Trustees 2 to 9
Independent Examiner's Report 10
Statement of Financial Activities 11
Balance Sheet 12
Notes to the Financial Statements 13 to 19

TRAIL-BLAZERS MENTORING LTD

REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 DECEMBER 2024

TRUSTEES C A Kemp (Chair) (resigned 30/10/2024) N A Janjua (resigned 22/4/2024) T Pauk R James-Ford D Hall J Danton C F Lofters J Kitchin (Treasurer) D Troman (appointed 22/4/2024) S F Mangal (Chair) (appointed 23/12/2024) P C J W Cliff (appointed 13/2/2025) M R D Pepper (appointed 13/2/2025) Z M Wiles (appointed 13/2/2025) REGISTERED OFFICE Landgate Chambers Rye East Sussex TN31 7LJ REGISTERED COMPANY 03647928 (England and Wales) NUMBER REGISTERED CHARITY 1074453 NUMBER INDEPENDENT EXAMINER Gibbons Mannington & Phipps LLP Chartered Accountants Landgate Chambers 24 Landgate Rye East Sussex TN31 7LJ

Page 1

TRAIL-BLAZERS MENTORING LTD (REGISTERED NUMBER: 03647928)

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).

OBJECTIVES AND ACTIVITIES Objectives and aims

Trailblazers objectives are:

The rehabilitation of persons who are or have been subject to a criminal charge and are serving a custodial sentence in one of His Majesty's Prisons or Young Offenders Institutions, by means of educational training, mentoring or guidance provided to such persons so as to assist in their rehabilitation into the wider community.

Aims:

Public benefit

The Trustees, having reviewed the main activities undertaken by Trailblazers to further its charitable purposes for the public benefit, conclude that public benefit continues to be derived from Trailblazers activities. Trailblazers reduces the likelihood of re-offending by preparing offenders for release and supporting them during a transitional period post-release. Trailblazers' consistent success in achieving significantly lower re-offending figures as compared with the national average (see below) provides a tangible public benefit. Reduction in crime leads to safer communities and fewer victims of offending behaviour, and in addition contributes to a reduction in the costs to the public purse associated with policing, court processes and holding an individual in a prison or young offenders institution.

The Trustees have complied with the duty in section 4 of the Charities Act 2006 to have due regard to public benefit guidance published by the Commission.

Volunteers

Volunteer mentors are trained to listen, advise, support and challenge their mentees, and help them plan their future after release from custody.

Mentoring is primarily intended to take place inside the prison in the final six months of the mentee's sentence and continue post-release for up to a further twelve months.

Mentoring consists of a structured programme delivered using toolsets which comprise Introduction to Mentoring, Better Relationships, Asserting Myself, Money Matters, Getting to Work, and Through the Gate.

There are no general volunteers.

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TRAIL-BLAZERS MENTORING LTD (REGISTERED NUMBER: 03647928)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024

ACHIEVEMENT AND PERFORMANCE

Charitable activities

Trailblazers Mentoring provides one-to-one mentorship and practical support to younger male prisoners and prison leavers aged 18-35, both in prison and post-release for up to 18 months. Our goal is to prevent reoffending and improve outcomes for men leaving prison. Our work inspires and encourages them to change their future, rebuild their lives, and positively impact their community.

The need for our work has continued to grow over the past 12 months, particularly following the launch of the government's early release scheme in September to help ease prison overcrowding. With more prisoners now being released at short notice, there is a growing need for urgent resettlement preparation and support. In response, we have adapted our services by accepting referrals earlier in an individual's sentence, allowing us to begin support well before release, and by expanding outreach to community sources. This proactive approach helps ensure that individuals leave prison with the necessary support, highlighting the vital collaboration between prisons, probation services, and community partners in facilitating successful re-integration.

Individuals in the criminal justice system have often made poor decisions due to circumstances and survival instincts. Our core project provides mentoring and practical support, offering a vital opportunity to shift mindsets, inspire change, and help individuals build a future free from crime.

In 2024, we have made many positive strides forward in our mission by:

1) Continuing to deliver tailored and high-quality services that meet the needs of male prisons and prison leavers

Our core project consists of:

- Weekly, one-to-one mentoring: Men were matched with a skilled volunteer mentor, whom they met with weekly pre- and post-release for up to 18 months. At the sessions, the pair worked towards individualised action plans that focused on changing behaviour, building a positive future post-release and exploring employment, training and education (ETE) options. The vast majority of mentors resided within the communities where the men were/are to be released, providing an invaluable link to their local area. Over time, the mentors became trusted and positive role models in their lives.

- Accompanying practical support: We provided wraparound support to remove key barriers to reintegration. This included:

- We also participated in events and engagements in the community to attract new volunteers and with employers to raise awareness and garner greater support for male prison leavers. For example, our project manager for HMP Brixton carried out a range of outreach efforts at University College London, University of East London, and London Metropolitan University to engage students on the issues we address through our work. In the West Midlands our Community Support Worker regularly attended events to build relationships with referral partners (e.g. with accommodation providers) and to recruit new volunteers, including a fair held by Wolverhampton Community & Voluntary Action.

These activities have yielded impressive results throughout the year, as detailed in the impact section.

2) Strengthening and building new partnerships

In 2024, we continued to expand our partnership network to ensure we deliver effective services and achieve greater impact. This included:

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TRAIL-BLAZERS MENTORING LTD (REGISTERED NUMBER: 03647928)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024

- Collaborating with the charity Finding Rhythms on their Making Waves initiative. The music sessions foster creativity and practical skill acquisition, while mentoring from Trailblazers promoted personal growth and employability. This collaboration creates a supportive environment for self-exploration and skills development, building a community that enhances confidence and opens future opportunities. It also demonstrated effective collaboration between two small charities, combining resources and expertise to shape participants' futures.

- Nurturing our work with Severn Trent PLC in the West Midlands. 13 employees volunteered as mentors, sharing their skills and experiences with their mentees. Another group took part in a volunteering day with Trailblazers, assisting with the decoration of a unit at HMPYOI Brinsford. The company also invited us to join an event focused on exploring employment opportunities for marginalised communities.

- Helping men get work ready with the support of Bridge Recruitment in London. The recruitment agency offered tailored support to mentees both pre- and post-release, including CV writing, interview preparation, and job opportunities. They also partnered with us for a second year in a charity fundraiser at a comedy club in London, raising £8,000.

- Continuing to maintain and build key partnerships that are essential to our success. These include: Brighter Teaching, whose Level 5 counselling students provided one-to-one therapeutic support to the men; Suits Me, who assisted in setting up bank accounts for the men while they were still in custody; Tech 4 Good, who supplied low-cost reconditioned phones and other tech devices; and aMazing Therapy Centre, which offers trauma-informed, person-centred counselling to help the men overcome psychological and emotional challenges, empowering them to achieve positive change in their lives.

3) Strengthening our organisational capacity, infrastructure and expertise.

This year, we have focused on developing our people and strengthening policies, procedures and systems. This included:

- Working alongside the global law firm Clifford Chance, which has provided us with pro bono legal counsel on various matters, including employment, charity governance, and internal policies. For a small charity like Trailblazers, this support is invaluable.

- Partnering with the pro bono management consultancy Cranfield Trust to develop our Volunteer Strategy. This opportunity was offered through one of our funders, the Triangle Trust. This support has not only enhanced our volunteer offerings but also broadened our understanding of the volunteering landscape. It has fostered a sense of belonging and connection, reinforcing our Trailblazers community, with lived experience at the heart of our mission. The J2E© recognition badge reflects the charity's commitment to continuous development, following the successful completion of our Journey to Excellence© consultancy project (a specific Cranfield Trust programme and award).

- Investing in the ongoing professional development of our staff and volunteers to build an effective and sustainable team. This year's training has included life coaching qualification; health and safety; safeguarding; volunteers and the law; leadership and management qualification; boundaries and marketing. Our team's commitment and talents were recognised at various award ceremonies throughout the year. Our HMP Brixton project manager, Yemi Obiwumi, was honoured with the 'Charitable, Voluntary & Social Change Highly Commended 2024' award at the Black Talent Awards for her outstanding contributions to the sector. We were also incredibly proud of Brixton Volunteer Mentor, Simon Bickerstaffe, who won the Intergenerational Mentoring Changemaker prize at the Senior Changemakers Volunteering Champions awards in the Southeast of England. This award, presented by Edwards Lifesciences' Unifying Generations initiative, recognised Simon's exceptional commitment to both his mentees and the charity.

- Expanding our services and reach. Towards the end of 2024, we began establishing a service in HMP Bullingdon, Oxfordshire, focusing on ETE provision. This service will expand in 2025 with the development of ETE volunteer mentor support. We also started delivering mentoring services at HMP Featherstone, Wolverhampton, and were successful in securing funding for a new London Community Support Worker, despite the challenging funding landscape. Unfortunately, we had to exit HMP Aylesbury, Buckinghamshire in December due to changes in the prison's categorisation. However, we will continue to support men from Buckinghamshire as part of our work connected to HMP Bullingdon.

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TRAIL-BLAZERS MENTORING LTD (REGISTERED NUMBER: 03647928)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024

- Raising our profile and strengthening our online presence by refreshing our website, launching quarterly newsletters, and building an active social media presence. As a result, we've seen increased engagement from both new and existing supporters, including new volunteers and potential partners.

- Four new people were recruited to the Board of Trustees, adding further skills and expertise to the organization. They are undergoing induction training ahead of their appointment in 2025.

- A new Chairman was also appointed, following the previous Chair stepping down as she had reached the end of her tenure.

Continued Success

Trailblazers is a small charity with big ambitions. Over the past year, we have strengthened our operational resilience while delivering services across six prisons: HMP Brixton and HMPYOI ISIS in London, HMP Featherstone and HMPYOI Brinsford in Wolverhampton, HMP Aylesbury in Buckinghamshire, and HMP Bullingdon in Oxfordshire. Together, we have supported 150 men over the year in various ways, including securing accommodation, employment, training, and, importantly, and by seeking to boost their own self-confidence and aspirations for their future.

Our overall aim is to prevent reoffending. Over the past year, only 7% of the men we supported have reoffended. This is an incredible achievement given the current landscape and compared with the national rate of reoffending which can range from 25.1 - 55.5 % (depending on the length of prison sentence and the age classifications used in official figures) MOJ, Jan 2025.

This success is a testament to the hard work and dedication of our staff, our network of almost 50 volunteer mentors, and our partners, who have worked alongside the men to remove key barriers to successful rehabilitation.

Our reach and impact in numbers

Key outputs:

- Engagement and mentoring

- Employment support

- Volunteer training and support

- Care Packages

This helped us to achieve the following outcomes:

- Reduction in reoffending

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TRAIL-BLAZERS MENTORING LTD (REGISTERED NUMBER: 03647928)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024

- Moving towards employment

- Improved Well-being

Impact in their words:

Our project participants:

"I have been fortunate enough to receive mentoring through Trailblazers, which has greatly helped my mental health recently and keeps me on a positive and proactive path. Working with Simon has been a pleasure, and the support he's willing to offer has been surreal. I want to thank him for being an extraordinary partner on this journey." (Making Waves Mentee, 2024)

"The Trailblazers program was outstanding. It provided me with support and guidance when I could have easily felt isolated after my release." (Brixton Mentee, 2024)

Our mentors:

"J made me incredibly proud when I saw him perform at the Making Waves showcase. Watching him take the stage and deliver his two tracks was truly wonderful, and it was a privilege to be there." (Trailblazers Mentor, 2024)

"Mentoring is a vital and rewarding part of my life, allowing me to connect with and support mentees during their transitions. It fosters personal growth, resilience, and adaptability to different personalities. My mentoring experience is characterized by purpose, challenges, and joyful connections, especially on release day." (Trailblazers Mentor, 2024)

Our partners:

"Trailblazers are vital stakeholders at HMP Featherstone, aiding prisoners nearing release as part of the resettlement team. They focus on engaging harder-to-reach individuals. Their mentoring is valued, aiming to enhance rehabilitation both in prison and post-release." (Vicki Lythall, Head of Reducing Re-Offending - HMP Featherstone)

"The training and prison tour was an incredibly enriching experience which I believe has left a lasting impact on everyone involved. Volunteers spoke about how "eye-opening" the prison tour was and how the whole experience made many feel more motivated." (Steph, Severn Trent Project Manager in West Midlands)

The Trustees would like to express their heartfelt thanks to our staff, volunteers, and network of funders, donors and supporters for their tremendous hard work and dedication. Your efforts have made a significant and positive impact on the young people committed to rebuilding their lives after experiencing time in prison.

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TRAIL-BLAZERS MENTORING LTD (REGISTERED NUMBER: 03647928)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024

FINANCIAL REVIEW

Financial position

The finances of the charity continue to be stable with a surplus of £24,821 compared with a surplus in 2023 of £1,760. Reserves amounted to £98,700.

The cash position is very strong at £347,780, an increase of £70,175 on the previous year of £277,605.

The financial position is reviewed monthly by the Chair, Treasurer and CEO and by the Trustees at quarterly board meetings.

Principal funding sources

All pre-existing grantors have continued to fulfil their funding promises and new applications for funding to trusts and foundations were increased in response to the tightening funding conditions within the grant-making sector. Key funders included:

In keeping with its Business Plan the charity has continued to diversify sources of income with generous funding provided by corporates and other donors (Hiscox - a one-off donation of £20k from Hiscox and one individual donation of £32k). Trailblazers also benefitted from pro-bono support offered by Clifford Chance LLP, the Lloyds Bank Foundation, and the Cranfield Trust.

Investment policy and objectives

Trailblazer's funds are largely due to be used in the short term, so the Trustees consider that long term investment is inappropriate. Funds not required immediately are therefore held in a deposit account or short-term bonds.

Reserves policy

Trailblazer's reserves ambition is to have unrestricted funds i.e., not committed or invested in tangible fixed assets in reserve to cover at least six months of expenditure should the charity experience any significant fall off in funding.

The level of unrestricted reserves on 31 December 2024 was £98.7k (2023 £73.5k) equivalent to circa three months expenditure. This level of reserves is greatly mitigated by the very healthy cash position of c.£348k representing grants already received in respect of expenditure planned for 2025 and covers circa nine months of expenditure.

FUTURE PLANS

There are many exciting opportunities already emerging for 2025, with further collaboration with existing and new partners planned; strengthening and developing our mentoring and support services; embedding our new volunteer strategy and developing new volunteer roles. Alongside this, a fundraising action plan aimed at diversifying our income streams and a strategy review is ongoing with a view to devising a new long term business plan for the charity. The current business plan has allowed Trailblazers to enter 2025 as a strong and resilient organisation able to move forward with ambition and confidence in developing and delivering a more sophisticated programme of service delivery.

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TRAIL-BLAZERS MENTORING LTD (REGISTERED NUMBER: 03647928)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

Trail-Blazers Mentoring Ltd (also known as Trailblazers), is a charitable company limited by guarantee without share capital - incorporated on 12 October 1998 and was registered as a charity on 1 March 1999. The company's governing documents are its Memorandum of Association which established the objects and the powers of the company and its Articles of Association. Amended Articles of Association were adopted on 23rd September 2020. In the event of the company being wound up members are required to contribute an amount not exceeding £10.

Members of the Board of Trustees

Members of the Board of Trustees, who are Directors for the purpose of company law and Trustees for the purpose of charity law, who served during the year and up to the date of this report are set out on page 1 of this document.

In accordance with company law, as the Company's Directors, we confirm that so far as we are aware, there is no relevant information of which the Company's independent examiners are unaware; and as the Directors of the Company we have taken all the steps that we ought to have taken in order to make ourselves aware of any relevant information and to establish that the charity's independent examiners are aware of that information.

Recruitment and appointment of new trustees

Trailblazers aims to have not less than four Trustees at any one time, and up to a maximum of twelve. As soon as a serving Trustee declares an intention to resign, the Trustees endeavour to recruit a new Trustee. From time to time the Board reviews the skills and diversity of existing Trustees and identifies gaps. Trustees are recruited by means of personal approach and wider advertising via the national press and specialist Third Sector publications. The Board aims to include more trustees with lived experience and involvement in the criminal justice system.

Organisational structure

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TRAIL-BLAZERS MENTORING LTD (REGISTERED NUMBER: 03647928)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024

STRUCTURE, GOVERNANCE AND MANAGEMENT Induction and training of new trustees

After an initial approach, prospective Trustees meet with the Chair and at least one other Trustee, followed by a meeting with the CEO. These meetings will include a full briefing on the legal and financial responsibilities of Trustees, and a thorough explanation of the work of the charity. The prospective Trustees receive:

After attending a Board meeting as an observer, a decision is made by the Trustees, in consultation with the prospective Trustee and the CEO as to suitability. The formal vote to elect a new Trustee takes place at the next appropriate Board meeting and must be ratified at the next Annual General Meeting. On appointment by the Board, each new trustee is provided with a formal induction.

Approved by order of the board of trustees on 20 May 2025 and signed on its behalf by:

R James-Ford - Trustee

Page 9

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TRAIL-BLAZERS MENTORING LTD

Independent examiner's report to the trustees of Trail-Blazers Mentoring Ltd ('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 Institute of Chartered Accountants in England and Wales, 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.

Mr K. Luck FCA

Gibbons Mannington & Phipps LLP Chartered Accountants Landgate Chambers 24 Landgate Rye East Sussex TN31 7LJ

20 May 2025

Page 10

TRAIL-BLAZERS MENTORING LTD

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

Unrestricted
Restricted
fund
funds
Notes
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
3
90,055
27,000
Charitable activities
5
Mentoring of young offenders
218,021
119,513
Investment income
4
5,073
-
Other income
-
4,000
Total
313,149
150,513
EXPENDITURE ON
Raising funds
-
23,868
Charitable activities
6
Mentoring of young offenders
-
414,973
Total
-
438,841
NET INCOME/(EXPENDITURE)
313,149
(288,328)
Transfers between funds
15
(288,328)
288,328
Net movement in funds
24,821
-
RECONCILIATION OF FUNDS
Total funds brought forward
73,879
-
TOTAL FUNDS CARRIED FORWARD
98,700
-
2024
Total
funds
£
117,055
337,534
5,073
4,000
463,662
23,868
414,973
438,841
24,821
-
24,821
73,879
98,700
2023
Total
funds
£
72,605
350,532
2,718
1,500
427,355
20,448
405,147
425,595
1,760
-
1,760
72,119
73,879

The notes form part of these financial statements

Page 11

TRAIL-BLAZERS MENTORING LTD (REGISTERED NUMBER: 03647928)

BALANCE SHEET 31 DECEMBER 2024

Unrestricted
fund
Notes
£
CURRENT ASSETS
Debtors
13
4,612
Cash at bank
258,447
263,059
CREDITORS
Amounts falling due within one year
14
(164,359)
NET CURRENT ASSETS
98,700
TOTAL ASSETS LESS CURRENT
LIABILITIES
98,700
NET ASSETS
98,700
FUNDS
15
Unrestricted funds
TOTAL FUNDS
Restricted
funds
£
-
89,333
89,333
(89,333)

-
-
-
2024
Total
funds
£
4,612
347,780
352,392
(253,692)

98,700
98,700
98,700
98,700
98,700
2023
Total
funds
£
488
277,605
278,093
(204,214)
73,879
73,879
73,879
73,879
73,879

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

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 20 May 2025 and were signed on its behalf by:

R James-Ford - Trustee

J Kitchin - Trustee

The notes form part of these financial statements

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TRAIL-BLAZERS MENTORING LTD

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

1. STATUTORY INFORMATION

Trail-Blazers Mentoring Ltd is an incorporated charity, limited by guarantee, registered in England & Wales. The charity's registered number and registered office address can be found in the Report of the Trustees.

2. 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.

FINANCIAL REPORTING STANDARD 102 - REDUCED DISCLOSURE EXEMPTIONS

The charitable company has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':

INCOME

Voluntary income is received by way of donations and gifts and is included in full in the Statement of Financial Activities when receivable. The value of services provided by volunteers has not been included.

Grants are only included in the accounts when the income recognition criteria are met. In the case of performance related grants, income is only recognised to the extent that the charity has provided the specified goods or services as entitlement to the grant only occurs when the performance related conditions are met.

EXPENDITURE

Expenditure is recognised in the period in which they are incurred, these include attributable VAT which cannot be recovered.

Expenditure is all allocated to the primary activity of mentoring, except as stated below:

Fundraising and publicity costs are those incurred in generating income and promoting the company's profile.

Governance costs are those incurred exclusively on the administration of the company and its compliance with statutory requirements which comprise the cost of auditing and accounting.

Support costs are those incurred directly in support of expenditure on the objects of the company.

TANGIBLE FIXED ASSETS

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

Computer equipment - 33% on cost

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.

continued...

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TRAIL-BLAZERS MENTORING LTD

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

2. 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.

DONATED GOODS AND SERVICES

Donated services and facilities are included in the SOFA when received at the value of the gift to the charity provided the value of the gift can be measured reliably.

Donated services and facilities that are consumed immediately are recognised as income with an equivalent amount recognised as an expense under the appropriate heading in the SOFA.

DEBTORS

Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.

Creditors

The charity has creditors which are measured at settlement amounts less any trade discounts.

3. DONATIONS AND LEGACIES

DONATIONS AND LEGACIES
2024 2023
£ £
Donations 117,055 72,605

Included in Donations is an amount of £24,996 (2023 - £24,996) for donated facilities and services provided by each of the 4 prisons that the charity serves. It is a best estimate of the value of the facilities and services provided. The corresponding expenditure is included in the direct costs of the charitable activity of mentoring young offenders.

4. INVESTMENT INCOME

INVESTMENT INCOME
2024 2023
£ £
Deposit account interest 5,073 2,718

continued...

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TRAIL-BLAZERS MENTORING LTD

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

5.
INCOME FROM CHARITABLE ACTIVITIES
Activity
Grants
Mentoring of young offenders
Grants received, included in the above, are as follows:
Grant making institutions
6.
CHARITABLE ACTIVITIES COSTS
Direct
Costs
£
Mentoring of young offenders
398,651
7.
SUPPORT COSTS
Management
Finance
£
£
Mentoring of young offenders
14,262
72
8.
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
Independent examiners' remuneration
2024
£
337,534
2024
£
337,534
Support
costs (see
note 7)
£
16,322
Governance
costs
£
1,988
2024
£
1,988
2023
£
350,532
2023
£
350,532
Totals
£
414,973
2023
£
350,532
2023
£
350,532
Totals
£
414,973
Totals
£
16,322
2023
£
2,310

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

There were no trustees' expenses paid for the year ended 31 December 2024 nor for the year ended 31 December 2023.

10. STAFF COSTS

Wages and salaries
Social security costs
Other pension costs
2024
£
298,756
23,735
7,411
329,902
2023
£
294,752
22,581
5,311
322,644

The average monthly number of employees during the year was as follows:

2024 2023
Employees 10 10

continued...

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TRAIL-BLAZERS MENTORING LTD

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

10. STAFF COSTS - continued

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

11.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
70,605
Charitable activities
Mentoring of young offenders
187,897
Investment income
2,718
Other income
1,500
Total
262,720
EXPENDITURE ON
Raising funds
-
Charitable activities
Mentoring of young offenders
-
Total
-
NET INCOME/(EXPENDITURE)
262,720
Transfers between funds
(260,960)
Net movement in funds
1,760
RECONCILIATION OF FUNDS
Total funds brought forward
72,119
TOTAL FUNDS CARRIED FORWARD
73,879
12.
TANGIBLE FIXED ASSETS
COST
At 1 January 2024 and
31 December 2024
DEPRECIATION
At 1 January 2024 and
31 December 2024
NET BOOK VALUE
At 31 December 2024
At 31 December 2023
Restricted
Total
funds
funds
£
£
2,000
72,605
162,635
350,532
-
2,718
-
1,500
164,635
427,355
20,448
20,448
405,147
405,147
425,595
425,595
(260,960)
1,760
260,960
-
-
1,760
-
72,119
-
73,879
Computer
equipment
£
8,039
8,039
-
-

continued...

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TRAIL-BLAZERS MENTORING LTD

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

13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Other debtors 4,050 -
Prepayments and accrued income 562 488
4,612 488
14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Social security and other taxes 7,154 6,397
Other creditors 5,200 5,691
Accruals and deferred income 241,338 192,126
253,692 204,214

The charity's income is almost entirely grant based which are applied for on an annual (or in one case - 24 months) basis to provide mentoring for the ensuing 12 months. It therefore seems appropriate for the accounting policy to reflect this. It also enables the accounts to more accurately reflect the position by matching income and expenditure.

15. MOVEMENT IN FUNDS

Unrestricted funds
General fund
Restricted funds
Aylesbury
Brinsford
ISIS
Brixton
Severn Trent
DPA
Featherstone
Bullingdon
TOTAL FUNDS
Net
Transfers
movement
between
At 1/1/24
in funds
funds
£
£
£
73,879
313,149
(288,328)
-
(50,327)
50,327
-
(100,219)
100,219
-
(86,061)
86,061
-
(38,412)
38,412
-
2,917
(2,917)
-
(227)
227
-
(19,340)
19,340
-
3,341
(3,341)
-
(288,328)
288,328
73,879
24,821
-
At
31/12/24
£
98,700
-
-
-
-
-
-
-
-
-
98,700

continued...

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TRAIL-BLAZERS MENTORING LTD

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

15. MOVEMENT IN FUNDS - continued

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

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 313,149 - 313,149
Restricted funds
Aylesbury 14,327 (64,654) (50,327)
Brinsford 36,393 (136,612) (100,219)
ISIS 5,417 (91,478) (86,061)
Brixton 55,042 (93,454) (38,412)
Severn Trent 2,917 - 2,917
DPA - (227) (227)
Featherstone 24,255 (43,595) (19,340)
Bullingdon 7,167 (3,826) 3,341
WVCA 4,995 (4,995) -
150,513 (438,841) (288,328)
TOTAL FUNDS 463,662 (438,841) 24,821
Comparatives for movement in funds
Net Transfers
movement between At
At 1/1/23 in funds funds 31/12/23
£ £ £ £
Unrestricted funds
General fund 72,119 262,720 (260,960) 73,879
Restricted funds
Aylesbury - (40,885) 40,885 -
Brinsford - (84,095) 84,095 -
ISIS - (72,838) 72,838 -
Wandsworth - (3,060) 3,060 -
Brixton - (64,838) 64,838 -
Severn Trent - (20,387) 20,387 -
DPA - 28,590 (28,590) -
Featherstone - (3,447) 3,447 -
- (260,960) 260,960 -
TOTAL FUNDS 72,119 1,760 - 73,879

continued...

Page 18

TRAIL-BLAZERS MENTORING LTD

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

15. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 262,720 - 262,720
Restricted funds
Aylesbury 11,666 (52,551) (40,885)
Brinsford 37,083 (121,178) (84,095)
ISIS 3,125 (75,963) (72,838)
Wandsworth 7,125 (10,185) (3,060)
Brixton 38,541 (103,379) (64,838)
Severn Trent 32,084 (52,471) (20,387)
DPA 31,844 (3,254) 28,590
Featherstone 3,167 (6,614) (3,447)
164,635 (425,595) (260,960)
TOTAL FUNDS 427,355 (425,595) 1,760

TRANSFERS BETWEEN FUNDS

Grants made are often restricted to one of the charity's four projects - young offender's prisons - where mentors are provided by employing a project manager to match mentors with mentees. Income and expenditure is analysed by project and any shortfalls covered by a transfer of funds from the unrestricted (core) fund. Support costs, such as management costs and the cost of raising funds are split among the projects.

16. RELATED PARTY DISCLOSURES

During the accounting period the charity received donation income from two trustees totalling £240.

Page 19