COMPANY REGISTRATION NUMBER: 04371480 CHARITY REGISTRATION NUMBER: 1091536 Bridge Mentoring Plus Scheme Company Limited by Guarantee Unaudited Financial Statements 28 February 2021 *AAC9ZQYII' OYOW2021 COhlPANIES HOUSE GORD DOW COMPANY Accountants & Business Advisors 144 Walter Road Swansea SA1 SRW
Bridge Mentoring Plus Scheme Company Limited by Guarantee Financial Statements Year ended 28 February 2021 Page Trustees, annual report (incorporating the directorfs report) Independent examinerfs report to the trustees 13 Statement of financial activities {including income and expenditure account) 14 ststement of financial position 15 Notes to the financial statements 16 The following pages do not forni part of the financial statements Detailed statement of financial activtties 28 Notes to the detailed statement of financial activities 30
Bridge Mentoring Plus Scheme Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) Year •nd•d 28 February 2021 The Iruslees. who are aso the directors for the purFM)ses of company law. present their report and the unaudited financial statements of chwity f(K the >tar erKled 28 February 2021. Reference and adrninistrative detsils Registered charity name Bridge Ment1j Plus Scheme Charity registration numb8r 1091536 Company registration number 04371480 Principal and register•d 4648 t)unraven Flace officè BrhJgend CF31 1JB Th• trustvs M Hiett P Clarke J Morris Mr J Carlyon Mr S Baldwtn J E Sacco Company $•cr¢tsry K Davies Independent examiner Cad West Gordon Down & Company Limited 144 Waller Road Swansea SA1 SRW Structure. gov•mance and management Governing document The charity 15 ¢onlrolled by ts goveming doojment. a deed of trusL and constilules a limited company, limited by guarantee. R•truitment and appolntment of new trustees Al the year end there were seven trustees. New trustees are appointed at the recommendation of the Board.
Bridge Mentoring Plus Scheme Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directoes Report) fcontlftu8dl Year ended 28 February 2021 Stru¢tur•. goveman¢e and management (coTr Related parties After due consultation with the truslees. there are rK) knovm retated parbes to disclose. Trustee Inductlon and trainlng Most trustees are already familiar wth the Wactal wwk of the tharity as m05t were previously involved in 8ridge MPS in soffle way. They are also regularly invited lo take part in leam-building aThJ staff developfflenl days ano other Bridge MPS events. Additionally. new tnjstees are given various documentation to fafflilrarise themselves with tt)e charity and the context wlhin which it operates. These cover-. The obligations of Management Commiltee members The main documents thich sel crt the operats.onal framework for the charity iluding the Memorandum and Artides Res¢)urcing and the current finartiat position as set tyJt in the latest published accounts Future plans and objeclives.
Brldge Mentoring Plus Scheme Company Limlted by Guarantee Trustees. Annual Report {Incorporating the Directorfs Report) {condftu8dl Year ended 28 February 2021 Stru¢tUlei govemancg and managornenl (canthwdj Risk Management The Management C(ffimittee has conducted a review of the mar risks lo which the charity is exposed. A risk register has been established and is updated al least annually. Where appropriate, Systems or procedures have been established to mitoale the risks the charity faces. Inlemal control risks are minimised by the implementation of pr(edu for authorisation of all transactions and projects. Procedures are in Ia¢e lo ensure compliance wth health and safety of staff, volunteers, clients and visitors lo the charity. These procedures are periodieally revthved lo ensure that they continue to meet the needs of the charity. The trustees have conducted thwr own review of ttle major risks to W"Ch the charity 15 exposed, where al unacceplatJe levels. haven taken steps lo mitigate those risks. The procedures are periodically ieviewed to ensure that they sb"Il meet the needs of the charity. The principle risks facing the charity and a summary of the key miligalion actions. are noted below. Risk: Political opposition fr(xn c(¥mpelil(vs Mitigating Actions- Focus on building OrtoOne relationships with key organisalM)ns and individuals Identrfying mutual beneficial ways of working and supporbng other organisalions lo achieve their objectives Recognising expertise and seeking lo hamess and brirKJ together strengths of competitors in a coalition style network Risk: Loss of focusl mission drÉft Mitigating Actions: Regular meetings, invofving range of stakeholders induding staff and volunteers. Regular and effective consuftalion with key cltent group Having engaged. skilled and trained iruslees who proVe thallenge and 5UPPOrt for Bfidge MPS leadership. Risk.. Staff malpr8cb.cel a safeguarding failu Mitigating Actions: Implementing recruitment policies and conlrols f¢y slaffl vdunteer5 appropriate DBS checks Regular provision of safeguarding training for all staff and volunteers Effective supervision procedure$ Effective risk assessment systems in place Risk". A major wopety incKlent Mitigating Actions: Implementation of wopety checks Risk: Loss of key personnel Mitigating Actions: Regular appraisals & team meetings Team devdopmenl aclivib.es
Bridge Mentoring Plus Scheme Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) (Ctyllinuedj Year ended 28 February 2021 Structure. govemance and management (ronin4ffdJ Quality continuing professKJnal devdopmenl oppInIt*S Rlsk: Reduclion in dients I Servi users Mitigating Actions: Development of activit arKJ communty kY(4ects to attract new members Risk: Loss of funding for projects Mitigating Actions- Diversfy funding streams Generate ¢)wn income Kgy managom•nt r•mun•ration The board of Tnjstees l¢yJelher 7•vilh key staff members are Cons to be key management personnel of the charity. Details of payments lo I from Trustees are disclosed in note 15 to the accounts. Payments made to other key management per50nnd are given in note 14. The level of paent made lo all key managemenl personnel is reviewed annually by Trustees. Organisational structure A scheme of delegation is in place and day lo day resFM)ns&)Aity for the provision of the servi$ rest Ih the Manager. The Manager is responsible for ensuring that the charity delNers the services specifEd and that key performance indicator5 are met and also has responsibilty for the day lo day operational management of staff. indwidual supervision of Ihe staff team and also ensuring that the team continue lo develop their skills and n9 practKes in line g(y)d practice.
Bridge Mentoring Plus Scheme Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) (Conllnuedj Year ended 28 February 2021 Objectlves and activities Mlsslon Statement To break down barriers of social exclusion that kvevent peoFAe from building brKlges to a more positive future. Wision The Bridge MPS believes that people shId have every opportunity to succeed in lrfe regardle55 of their background or circumslances. We provide a safe and frierKJly environment for children, young people and adults of all ages have advKe arKI supt. engage in leaming and volunteering opportunities or join interest groups in order to promote emOnal health and well being. Aims and objectives The Charl5 objectives{'the objectives") are lo further or benefil the resKlenls of the Brid9end County Borough and neighbouring communities and in such part5 of the United Kingdom or the World as directors ol the charity (hein called "the Iruslees-} may from time lo lime think fil and lo fulfill such other purposes which S exdusively charitse acc(Kding lo the law ol England and Wales and are connected with the charitable work of the charty %wth¢>Jt diStinctn of sex. sexual onentats"on. race or of political, religious or other opinnS by.. The promotion of equality and diversty fcK ts public benefrt The prevention or the relief of poverty in particular bul not exdusively by providing and assisting in the provision of education, training. and menloring projecl and acD'vities and all the necessary support (JeSned to support individuals lo become sew sufficient. The relief of unemploymenl for the benefit of the publ in sueh vrdys as may be thought fil. in particular lyjt not exdusively to find emayent. The provision of suppcrt arKI activilies for young people or individuals and families or public benefit. whh develop their skills. ¢apacib"es and capabAilies to enable them lo participate in S(lety as mature and responsible indivHJuals. To promote social indusion fLY the public benefrt by prevents.ng people from becoming socially excluded. relieving the needs of tts)se people who are SiallY exduded and assisting them to integrate into society.
Bridge Mentoring Plus Scheme Company Limited by Guarantee Trustees. Annual Report {Incorporating the Directorfs Report) (conllnued) Year ended 28 February 2021 Achievements and performance STAFF Staff and posltlons durlng the year are as follows: Bridgè Staff Principal Officer- Angela James Finance Officer- Phil ThomaslEd S0 Development Officer- Sarah Heafne Engagement Officer- Nicda Rundle Receptionl offi Support- Naomi WilliamslFrank ASn9 Tutors - Angela JameslLaura ThomaslNicola Rundle Youth Workers - Laura ThomaslHelen Crombie Oavieslcodey DosterlHannah Pottinger Adult SUPFM)rt workers - Frankie Ash0nN00ml Tuck Cleaner- Debra Reyrnlds the Zon¢ Staff Project worker - Laura Thomas Assistant project worker- Glynis Hopkin51Helen Crombie DavieslKrislBn LangdQnlFrank Ashong Numerous volunteers supported the Brid98 arKI the Zone staff througlM)ut the year. A young person from Llamau received a th experience placement tk¢ 20- for 6 months. Staff and Volunteer Training Training courses attended bolh accredited and certIfled.. Preparing lo Volunteer Mentoring Skills programme Safeguarding . Food Hygne Health & Safety . CG engagement + Co prOduCtn Fieldwork FarAlrtator ' Covid-19 Training Train the trainer L2 training Safeguarding online Keeping Children Safe online PDA Awareness training . ADHD Awareness training - Promoting Self worth Challenging Behaviour . SWEET training (lo provide aCcdIted training f(K peOe) ' Covid-19 . Ntcodemus Training starts in March 21 Due lo Covid-19 most of the training has been ontine. Staff have also taken part the folloving wEbinars'. Covid-19 vaccination (employer nSIderatiOns) Meet ts funder- MTr)TrJance.
Bridge Mentoring Plus Scheme Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) (Coftfvrtuedj Year ended 28 February 2021 Achlevements and perfomianu MENTORING Mentoring has been difful1 lo arrarYJe this 5e8r due to l1xkd1ffl and fvrther restriclions due to travel and boundaries. A few matches have taken place and they have mel vknen it has been safe to do so. We have a few vrdiling lo siart Iheir mentoring relationships when lockdown end$. Our wailing list continues lo grow with over 80 yDung people vtsiling for fflentors. VOLUNTEERING Once again due lo Covid-19 we have not been able to recruit new volunteers throughcAJl lockdown. Since then five of our previous vdunteers have relumed a1 we have had a number of new enquiries from individuals. schools and other voluntary organisations for volunteer placements. Youth Wofk Our Chlldren In Need small grant suppcwts children from the age of 8-18 in a group setting. These children are from families where there is a famity member 7Mth a disability and is meant lo give them lime for themselves. With the pandemic most of the work this yEar has taken place on Zoom meetings. however Staff have delNered aetivty packs lo the Yn9 people homes i.e, CLY)kery packs , art and craft packs, themed packs, quizzes, card bing) el¢. Feedback has been gcrt)d txjl we have identrfied some children thal have needed more one to one ts.me so Ihis was in addition lo the youth club sessions. Community Foundation Wales youth dub was for chldren both" with disabilities and without and SUPPOrted inclusion. Some children from our mentoring prryJramme attended these sessions prior lo lockdown. During lockdown zoom meetings were used to engage the young people weekly. Breakout rLKms were available for the more anxious )Ung people to have one lo one meetings Mth the youth workers. Not all young people were wantsng or able lo attend every week if IT equipment was limited at home due to othe rs needing to use it. BBC GIN large grant provKles 8-16 year olds vith the opkx)rtunity lo engage with others in a youth work setting. It is very much geared to preparing Ihe young peOe for their futures in a fun way. Young people will be taught the benefits of Money management. Communulion skills and other Life skills. Additionally the programme offers 14-18 year olds the opportunity for accredited IBTEC level 1 and 2} programmes of learning i.e. Personal Identity. Managing Relationships, Healthy Living. Moving Forward, Money Matters. Global Citizenship. Communty, Enterprise & Employdbilily. To dale we have S young people signed up and most have com eted the first book. Young people on this programme will also engage with volunteering opwtunities wihin the organisation i.e, OffKelreception work. Fundraising, Advertising and Profflob"onal matenal. Customer Care and serving customers in the Zone. Mentoring and Youth work.
Bridge Mentoring Plus Scheme Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) {wfttlnuedJ Year ended 28 February 2021 Achiwements and perforniance (¢on•nwd) Foodshare programm•s The Zone ContieS to work in partnership with T•sco. vfio provide sell by dale food to us, for us lo distribute to those in need in the communty- A member of staff collects the f¢)od ready for distribution every Wednesday moming. Where other charities have stopwl collecting on their days the Bridge has had opportunity for extra collections. LIDL & ALDI Lidl and Aldi started a similar Food share $drne called 'NeKJht)cyJdK and we were invited to collect free items from them ce a week. Adi have provided a variety of g)ods vknere as Lidl provide cakes, bread and pastries except for Christmas when we collected their perishable Christmas stock. Food Share Cyrnru Siill pawng lor deliveries from Food Share clu, which are gratefully received. and which sell on for a small fee of £1.50 per canier bag of go(xJs. We are locing lo increase our purchase from theffl in order to provide food bags for more people in need. Greggs Provide sandwiches. cakes and Pastries a weekly basis.
Bridge Mentoring Plus Scheme Company Limited by Guarantee Trustees. Annual Report {Incorporating the Directorfs Report) {COnfints6dl Year ended 28 February 2021 Achievements and perforrnanrx (¢tythu¢ Other grants received Door and Window Replacement Thanks to a Covid -19 N*ional Lottery grant {obtsined by Nwdemus) we V•Ere able to replace the front of the Zone and the cracked wndow. The M81nder of the grant was taken up by Nicodemus for reporting and monitoring and online information and training. We also received funding from Community Foundatson Wales f¢y PPE et¢.. arKI to replace the baek door. A part of the funding we receNed from CFW Coronavirus resilience fund CtribUted lo a new back door and provided PPE equipment. Comlc Relief Emergency fvnd provided new washable fvmilure for Zone. BAVO Food Poverty grant eftabled us lo provide fj parcels and purchase equipment but we were unable lo run cookery sessions due lo the pandemic. Greggs supported us vthh a syant that was unrestricted as part of one of their charities they supported this last year. They require stories from Slee users in the Zone. Comrnunity Foundation Wales provided funding for a Development Officer that started February 2021. Trnck 2000 provided us with conlinual¥M funding for the ZO aclrvilies. Awards for All provided funding for 2 SUPPt workers lo run an evening dub for young adults wilh addilion¥J needs. M•llennium Stadium provided funding for t¥ laptops and soffvftre. BAVO Transfomiation granl provided furKJing for Zone staff ws. The Provident Social Impact Fund ICFW) PfovKled furMlirvJ the manager of the Zor¢e. Moondan¢e Foundation and Edward Gosling Ffovided funding towards staff wages for 3 months after furlough came to an end in July.
Bridge Mentoring Plus Scheme Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) (¢ontlmi¢dl Year ended 28 February 2021 Athigvamgnts and pgrformanGe (¢oftthrt The Zone Projects Covid-19 had a great impacl on the activities in the ze. From mid March staff were furloughed unlil August 2020. Some groups returned but others Iparticularty Ihe eldedy) didn't due lo shielding. There was a window of opportunity August and mid December when our service users returned under social distancing and safe opening guidanee. Risk assessments were done and PPE pul in place. Staff were very creative in provmjing activrft for all age groups vithin the centre and for those that were unable to attend. Collaboratlve worklng Collaborative working was drastscally reduced this past year due lo the Covhd-19 restrictions and lockdown periods. However a certain amcmjnt was either face to face or emaivlelephone. We have maintained relationships wrth our foLNJ share providers. I1 PCSO'S grant funders and BAVO. Through our food distribution programme we have worked in coslatmation wilh the Food bank as they donated food iterns lo us over the Christrnas peric4J when staff volunteered their lime lo open the Zone lo support people bmlh food parcds. We have also made nè•V contacts with indr¥iduals and small local groups who have riiade fo(MJ donations. i.e Buddy group Fundraislng Apart from Local giving and SAS Inlernalional who have supported us throu their Amazon Smile we have had no fundraising even15 {Covid-19 prevented us doing anything). Additional meth<)ds of Income Fundraising has been impossible during the pandem yth the various lockdowns and the social distancing making it difficult lo have any people in at any gNen time. We also lost out on room b¢xJkings th everyone working from home and no 50cialiing alkjwed. The room tOkIngs/rentsls usually ensure that Ihe ZonelBridg8 can continue lo remain open as the rinancial revenue that is obtained frorn these tkingS help to keep the Zone financially supported ensuring suslainabilily of our seNice on a daily basis. We have only had one enquiry for this year (2021) bul are hoping that when festrictrons are eased we be having a few more. The coffee shop takings were grealy reduced as we were restricted as lo the number of people able to use the facili(ies during the times we we ae to open safely. 10-
Bridge Mentoring Plus Scheme Company Limited by Guarante• Trustees. Annual Report (Incorporating the Directorfs Report) (cvntinusdl Year ended 28 February 2021 Financial review R•serv•$ policy The Charity is one that is rKJt for profit organisation. Ils reserves are lo be revinve5ted in order to achieve 115 principle aims and objectives. During the year the Trustees agreed lo sel a reserve policy which requires.. Reserves lo be maintained al a levd thich ensures that the organisation's core a¢tNilies could continue during a pernd of unforeseen drffthlty for al least tt)ree months A proporatn of free reserves lo be mainlained in a readity realrsable form E cash on dep)srt. The Trustees recognise that the Chanty Commission guKlelines rec#)mmend ter reserves bul we have a sel policy which refflecls our ish to safdy commit as much as poss1te within the budgets allowed for training and mentoring. Financial Supporterg The 8ri¢Yge MPS would like lo acknovAedge arKI thank the lollowng granl making organizalions, Irusls. individuals and authorities for their generosity and finanal backing. Al MOnS receNed from funders were treated as restrtcted and used for tt)e purpx)se in Nthich tt Vfas intended unless grfted. AFA Community Fund & Youth Fund Awards for Ail (Adults Social Group) Bridgend Association of Voluntary Organisabon's (a numtr of short temi grants) BAVO IGTrMrvollYouth led) Big Lollery (Nthdemusl Zone alterations BBC Children In Need (large grant) B8C CIN (small granl) Big Lollery Community Fwndal¥)n Wales (a smai ants) CFW (Development offer) CFW (Youth clubl Edward Gosling Greggs IndNidual grfts Local Giving Moondanee Millennium Stadium SAS Inlemalional (through Amazon Smile} Simon Gibson Fund Track 2000 (Continuation Funding) Going concern Having considered budgets for the next twth months. the Trustees are confident that the Charity wll onlinue lo meet its liabilities as they fall due for the foreseea18 future and consider that there are no material uncertaintie5 abcyjl Bridge MPS ability to conts.nue as a g(yThJ concern. It is therefore considered appropriate by the Tfuslees to prepare the financi81 statements on a going concem basis. 11
Bridge Mentoring Plus Scheme Company Limited by Guarantee Tru$te•s' Annual Report (Incorporatlng the Directorfs Report) (coMIftu8dl Year ended 28 February 2021 Small cOmpY provisions This repcKt has been prepared in aCCordae Ihe provisions applicable to companies entitled lo the small companies exempli¢)n. The Iruslees, annual relrt was approved on . Iruslees by- and signed on behaw of the board of K Davies Charity Secretary -12-
Bridge Mentoring Plus Scheme Company Limited by Guarantee Independent Examinerfs Report to the Trustees of Bridge Mentoring Plus Scheme Year ended 28 February 2021 I report lo the trustees on my examination of the financBI statements of 8ridge Mentoring Plus Scheme ('Ihe chariWI for the year ended 28 February 2021. Responsibilities and basis of report As the Iruslees of the company {and also ils direct(Ks for the purposes of company law) you are responsible for the preparation of the financial statemen15 in accordance with the requirements ol the Companies Act 20061'lhe 2006 Act'l. Having satisfied mysdf that the accounts of the company we not required to be audited uThJer Part 16 of the 2006 Act and are eligible for independent examination. I report in respect of my examinatn of the charitys a¢Unts as carried out under section 145 of the Chartties Act 2011 I'lhe 2011 Acl'l. In arrying out my examination I have followed the Directions given by the Charity Commission under section 14515Xb) of the 2011 Act. Ind•pendont examlnerfs statemenl I have completed my examination. I confirm that matters have eome to my attenlK)n in conneclM)n with the exarnination giving me cause lo believe.. accounting records were not kepl in respect of the chartty a5 ruIred by section 386 of the 2006 Act,. or the financial stslements do not accwd wlh those rords.. c the financial statements do Th)1 comply with Ihe accounting requirements of section 396 of the 2006 Act other than any requirement that the aCUnIS give a 'true fair, view which is not a matter considered as part of an independent examinatK)n: or the fbnancial slalements have not been prepared in accordance Yh the methods and principtes of the Statement of Recommended Praeb"ee for accounting and reporting by tharilies apICable to charities preparing their accounts in accordance with the Financial Reportirg Standard applicatle in the UK and Repu of Ireland IFRS 102). I have no concems and have come aeross no other matters N) connection the examination lo which attentn sh¢JJld be drawn in this in order to enable a Fffoper understanding of the aceounts lo be aChed. Cad West Gordon Down & Company Limited Independent Examiner 144 Waller Road Swansea SA1 5RW 13-
Bridge Mentoring Plus Scheme Company Limited by Guarantee Statement of Financial Activities (including income and expenditure account) Year ended 28 February 2021 2021 Reslricled funds Total funds Total funds 2020 Unrestricted funds InGorne and endowments Donations and legacies Other trading actsvil¢es Other income 39.585 144.182 183.767 6,089 16.492 108.353 35,792 6.671 16.492 Total income 62.166 144.182 206,348 150.816 Expenditure Expenditure on charitatAe aclivilies Total expend¢ture 49,481 86,513 135,994 139.338 49,481 86,513 13S,994 139.338 Not income 12.685 57,669 70,354 11,478 Transfers betsveen funds 4.749 (4.749) Net movement in funds 17.434 52,920 70.354 11.478 Reconciliation of funds Total funds brought forward Total funds carrled foThvard 19.822 17.708 37.$30 26,053 37.256 70,628 107.884 37,531 The statement of financial activities indudes all gains and losses fecognised in the year. All income and expenditure derwe from continuing activities. The notes on pages 16 to 26 fomi part ofthese Ilnandal ststements. -14-
Bridge Mentoring Plus Scheme Company Limitsd by Guarantee Statement of Financial Position 28 February 2021 2021 2020 Fixed assets Tangible fixed assels 16 4.788 2.419 Current assets Debtors Cash at bank and in hand 17 2.742 101.898 6.676 32,878 104.640 39.554 Creditors: amounts falling due within one year Not Current assets 18 4,442 103.097 35,112 Total assets less current liabllltles 107,885 37,531 Funds of the charity Restricted funds Unrestricted funds 70,629 37.256 17,709 19,822 Total chaiity funds 21 107.885 37,531 For the par ending 28 February 2021 the charity was entrtled to exempth)n from audit under section 477 of the Companies Act 2006 rdaling lo small compan*s. Directors, re5ponsibilities'. The members have rt required the MpanY to oblain an audit of 115 financial statements for the year in qUestn in accordance SeCtn 476.. The dffectors knOedge their responsibililies for ccKn YIng wth the requirements of the Act th respect to xcounts.ng recdS and the preparalK)n of financial stslements. These finanoal statements have been prepared in )r(jar with ts provisions applicalje lo companies subject lo the small compan. regime. I slalemenls were approved by the board of trustees armj authorised for issue on , and are sned on behatl of board by.. M Hiett Trustee Th• not•s on pages 16 to 26 form part ofth•g• financlal statements. 15-
Bridge Mentoring Plus Scheme Company Limitsd by Guarante• Notes to the Financial Statsments Year ended 28 February 2021 Gengral information The charty is a Publ benefit entity and a pyivale rnpanY limited by guarantee. registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 4648 Dunraven Aace. 8ridgend. CF31 1JB. Statement of cornplianc• These financial statements have been prepared in compliance with FRS 102. The Financial Reporting Standard applicable in the UK and the Repu1¢ of Ireland.. the Stslemenl of Recommended Practice applicable to charib.es preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) (Charities SORP {FRS 102}) and the Compan$ Act 2006. Accounting policies Basis of preparation The financial statements have been prepared on the historical cost basis. as modrfied by the revaluation of certain financial assets and liabilitw and investment properties measured al fair value through income or expenditure. The financial statements are prepared in sterting. wthich the furtl*)nal currency of the entity. Going concem There a malerial uncertainlie5 about the chariws abilty to continue. Judgements and key sources of estimation uncertainty The preparation of the financial statements requires management lo make judgements, estimates and assumptDns that affect the amounts reported. These eslimales and judgements are continually reviewed and are based on experience and other factors, including expectations of future even15 that are believed lo be reasonable under the circumstances. Fund accounting Unrestricted funds are available use at the diSCretn of the trustees lo further any of the chariws purposes. Designated funds are unrestricted funds eamiarked by the trustees for partiGular future Fyoiect or commrtment. Reslrieled fijnds are subjected to restrictions on their expendtture dedared by the donor or through the lemis of an appeal. and fall into one of sub-dasses.. restricted income funds or endowment funds. 16-
Bridge Mentoring Plus Scheme Company Limited by Guarantee Notes to the Financial Statements fconaTnu0dJ Year ended 28 February 2021 Accounting pollcies fcon Incoming resourus All incoming resources are induded in the statement of financial activikn'es when entidement has passed to the eharity,. it is probable that ltte economic benefits associated with the transaction wll flow to the charity and the amount can be reliat4y measured. fomowing specific policies are applied lo particular categories of income". income from donations or grants is recognised vthen the is ewdence of entitlement lo the grft. ieceipt is probable and its amount can be measured reliabty. legacy income is recognised when receipt is probat4e aThJ entrfement is estsblished. income from donated grmids is measured al the faK value of the goods unless this is irnpracts.cal to measure reliably. in whieh case the value is derived from the cost lo the dOrr or the eslimaled resale value. Donated facilities and services are recognised in the accounts when received rf the value can be reliably measured. No amounts are included for the contribution of general volunteers. income from contracts for the supply of SeICe$ is recognised with the delivery of the contracted semce. This is cla5srf*d as unreslricled fUrS unless Ihere is a contractual requirement f(K it lo be spent on a particular PLJrpose and retumed rf unspent, in which case it may be regarde(l as reslrKled. Resources expended Expenditure is recognised on an accruals basis as a liability is in(yJrred. Expenditure includes any VAT which cannot be fully recovered. and is dassrfed under headings of the slalement of financia activities lo which il rdales_" expendi(ure on raising funds indudes the costs of all fundraising activities, events, non- charitable trading activities. and the sale of donated goods. expenditu on charitable activities indudes all costs incurred by a charity in undertaking activities that further its charitabfe aims for the benefit of its benefiaaries. induding those support cosls and costs rdatiro lo the governan of the charity app)ned to charitable activit. other expenditure indudes all expenditure that is neither related to raising funds for 11 charity nor part of its expenditure on charitatAe actsvilies. All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable lo a single aclwty a allc¢ated directly lo that activity. Shared costs are apports'oned bemeen the aclNities they contritmjle to on a reasonable. justifiable and Consistent basis. Tangible assets All fixed assets are initially recorded at cost. 17-
Bridge Mentoring Plus Scheme Company Limited by Guarant•• Notès to the Financial Statements Iconttnu8d) Year ended 28 February 2021 Accounting policies (con Depreclation Depreciation is 1lated $0 as lo vmte off the cost or valuation of an asseL 18SS its residual value. over the useful ejn0m lrfe of that asset as follcrws" Fixtures and fitbngs Equipment 25% straight lir 25% Strah1 line Impairn7ont of fixed assèts A review for indutors of impaKment ts carried al each reIng dale, with the recoverable amount being estimated where such indicators exist. Where the carwng value exceeds the recoverable amount, the assel is impaired accordingly. Prior impaimienls are also reviewed for possible reversal al each repjrting dale. For the wrposes of impaimenl testing. then il is not P0S5ible 19 eslifflate the recoverable amount of an indivKJual asset, an esbrnale is made of the recoverable amount of the cash- generating unil lo which the asset belongs. The cash-generating unil is the smallesl identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows Irom other assets or 0upS of assets. For impairment lesl(ng of goodwill. the gocthi'll acquired in a business combination is. from the acquisition date. allocaled to each of the cash-generaling units that are expected lo benefit from the synergies of the combination, irres(1Ve of whetrr other assets or lia'11t+es of the charity a assigned to those units. Govemment grants Government grants are recognised at the fair value of the asset received or receivable. Grants are Thjt recognised until there is reasOnae assurance that the charity will comply with the conditions attaching lo them and the grants wll be received. Where the grant does rnt imFrf)se Specif future perfomarKe-related conditions on the recipient, il is recognised in income when the grant pydS are received or receivable. Where the grant does impose specrfEd future performance-relaled conditions on the recipient, il is recognised in income only when the perforniance-relaled Conditions have been mel. Where grants received are prr lo sats"sts"ng the revenue recognrtion criteria. they are recognised as a liability. Financlal instruments . A financial asset or a financial liability is recgwised only Nthen entity becomes a party to the contractual provisions of the instrument. Basic finanaal instnjmenls are initially recognised at the amount f1¥able or paable including any related Iransaelbjn costs, unless the arrangement constitijtes a financing transaction, v4here il is regniSed al the present value of fvture payments discounted al a market rale of interest for a sifflilar debt inslrumenl. Current assets and current liabilib'es are subsequently measured at the cash or other consideration expected lo be pai(J or received arKI r*ot discounted. -18.
Bridge Mentoring Plus Scheme Company Limited by Guarantee Notes to the Financial Ststements (coft&ftu•d) Year ended 28 February 2021 Accounting policies {conSni Defined contrfbutlon plans Contributions to defined contribution Flans are recogni5ed as an expense in the period in which the relate(I service is provided. Prepaid contributsons are reeognised as an asset to the extent that the prepayment will lead to a reductK)n in future paents or a cash refund. When contributions are not expected to be setNed within 12 months of the end of the reporting date in tCh the ern 0yeeS render the related seryice. the liabiltty is measured on a discounted present value basis. The unwnding of the disccMJnt is recognised as an expense in the period in which it arises. Llmited by guarantee The Charity is a company limiled by guarantee and Iherefore has no shaTr eapilal. Don*ions and legacies Unreslricled Funds Reslricled Total Funds Funds 2021 Donatlons Donations 14.585 14.58S Grants Big Lottery- Main Grant BAVO Awards For All AFA Communty Fund BBC Children In Need scvs Track 2000 People's Health Trust Volunteering in Wales GroJndworks BCBC Homdess Millenium Stadium Trust Community Foundation Wales Simon Gibson Moondance Edward Gosling Foundabon Other grant income Governrnenl grant income 10.000 16.556 10,000 16.$56 9,350 25,277 25.277 31.617 31,617 1,000 2.262 2S.000 3.000 15,120 5,CQO 2.262 25.000 3,000 15,120 5.000 25.000 25.000 183.767 39.585 144.182 Unrestricted Funds Restricted ToLql Funds Funds 2020 Donations Donation5 7.014 7,014 19-
Bridge Mentoring Plus Scheme Company Llmltsd by Guarantee Notes to the Financial Statsments (conthl) Year ended 28 February 2021 Donations and legacies Urwestricled Funds Restrted Total Funds Funds 2020 Grants Big Lottery- Main Grant BAVO Awards For All AFA Community Fun(1 BBC Children In Need scvs Track 2000 People's Health Trusl Volunteering in Wales Groundworks 8CBC Homeless Millenium Stadium Trust Communty FourK1atn Wales Simon Gibson Moondance Edward Gosling Foundation Other grant income Govemmenl grant income 1.170 1,170 9.612 9.492 (272> 31.891 5,659 (1921 9.612 9,492 (272 31.891 5,659 (1921 13.609 13.609 .14,870 14.870 15.5 15.500 22.514 85,839 108.353 Other trading actlvltlos Unrestricted Total Funds Unreslricled Total Funds Funds 2021 Funds 2020 Generated Income Room Hire 5,809 29.983 5,809 29,983 6,089 6.089 35,792 35,792 Other income Unrestricted Total Funds Unreslricled Total Funds Funds 2021 Funds 2020 Other Income Government job support grants 6,671 6.671 16.492 16.492 16.492 16,492 6,671 6,671 -20-
Bridge Mentoring Plus Scheme Company Limited by Guarantee Notes to the Financial Statements (continu•d) Year ended 28 February 2021 Exponditure on charitable activities by fund type Untrted FurMIs Restricted Totsl Funds Funds 2021 Mentoring and support Support costs 35,123 14,358 85,318 1.195 120.441 15.553 49.481 86.513 135.994 unstriCted Funds RestrKled Total Funds Funds 2020 Mentoring and support Support costs 37.933 88.926 7.385 126.859 12,479 43.027 96,311 139,338 Expenditure on charitable activltles by actlvlty type ActNities undertaken direcuy sup[ $ts Total funds 2021 Total fund 2020 Mentoring and support Governance costs 120.441 13.575 1.978 134,016 1,978 137.730 1.608 139.338 120.441 15,553 135.994 10. Analysis of support costs Analysis of support costs ath.vity 1 Total 2021 Total 2020 Premises Communications and IT General office Finance costs Governance costs Support costs - Depreciation Support costs - Other costs 52 1.717 52 1,717 765 2.103 4.489 130 1,610 1,209 2.175 108 1,363 2.403 7.624 108 1,363 2,403 7,624 16.111 12,481 11. Net income Nel income is staled after chargin(crediting). 2021 2020 Depreciation of tangible fixed assets 2,403 1,208 -21-
Bridge Mentoring Plus Scheme Company Limited by Guarantee Notes to the Financial Statements (conlinuedj Year ended 28 February 2021 12. Independent enmination fees 2021 2020 Fees Pable to the independent examiner for. Independent exafflinaln of the financial statements 1.363 1.610 13. Staff costs The totsl staff cosls a1 employee benefrt5 for the reportiNJ perthy are analysed as foll¢)ws.' 2021 2020 Wage5 and salaries S¢xial security cosis EmploJEr contributions lo pensitin Fdans 82,181 84,237 2.921 135 82.365 87,293 The average head cwnt of employees during the year vras 13 {2020: 101. The averag8 number of full-lime equNalenl employees during tt yew is analysed as folbws.. 2021 2020 No. Number of staff - management Number of stsff - administrative Number of staff - training Number of staff - youth & support vthkers Number of staff - other staff 13 10 No eMp0ye8 received employee benefits of mc*e than £fA).000 during year {2020.' Nill. 14. Trustee remuneration and expgns No rernuneralion or other benefits from employment wth the charity or a related entity were received by Ihe trustees. 15. Transfers between funds The transfer from unrestricted reserves lo restred reseThes is in retation lo money spent over and above the grants received from the grant providers.
Bridge Mentoring Plus Scheme Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 28 February 2021 16. Tanglble fixod assets Fixtures and fittings Equipment Total Cost At 1 March 2020 Additions 42,134 2.767 33,532 2,005 75,666 4,772 80,438 At 28 Februwy 2021 Depreciation At 1 March 2020 Charge for the year At 28 February 2021 Carrying amount At 28 February 2021 Al 29 February 2020 44,1 35.537 39,942 1,787 33.305 616 73,247 2,403 41.729 33.921 7S.650 3,172 1,616 4,788 2.419 2.192 227 17. Debto 2021 2020 Trade debtors Other debtors 6.676 2,742 2.742 6.676 18. Creditors: am¢ntS falling due within one year 2021 2020 Trade creditor5 Social security and other taxes Other creditors 1,110 735 2,597 4.442 1.$43 19. Pensions and other post rotlr¢ment benefits Definod contrlbulion plans The amount rwnised in income or expenditu as an expense in relation to defined contribution FanS was £184 (2020.. £135).
Bridge Mentoring Plus Scheme Company Limlted by Guarantee Notes to the Financial Statements (¢ortJftuedi Year ended 28 February 2021 20. Governmont grants The arnounl$ recognised in the financrdl stslements for government grants are as fdlows.. 2021 2020 Recognised in InCe from donath)ns and legau"es: Govemment grants income 25,000 21. Analysis of ¢haritable funds Unrestrfcted funds At 1 March 2020 28 Fgbruary 2021 Income Expenditure Transfers General funds 19.822 62,166 {49.4811 4,749 37.256 Al 29 February 2 020 At 1 March 2019 Income Expenditure Transfers General funds 12.4581 64.977 {43.0271 330 19,822 Rostrid•d funds At 1 March 2020 28 Fobruary 2021 Income Expenditure Transfers Reslricted Fund 1 - 819 Lottery Lloyds Enae BAVO Awards For AJI AFA Community FurKI BBC CIN scvs Jobs Growth Wales 10.(K)O (9.960) 16.556 9.350 (11.6561 15.3001 (343) (9,5021 (3.3531 2.076 4,050 738 1.187 {395} 25.277 16.962 1.431 31.617 (9.3811 23,667 -24-
Bridge Mentoring Plus Scheme Company Limited by Guarantee Notes to the Financial Statements (c¢wrinuedl Year ended 28 February 2021 21. Anal15 of charitatAe funds iconthuod) People's Trust House Volunteering in Wales Groundworks 8C8C Homeles5 Millenium Stadium Trust- Community Foundation Wales Simon Gibson Moondance Edward Gosling Foundation 11.000) 2,262 {2.084} 178 13.823 25.000 3,000 15,120 (15.167} 13,000} (15.1201 23,656 {s.0001 (86,5131 17.708 144,182 {4,748} 70.629 At 29 February 2 020 Al 1 March 2019 Irwme Expenditure Transfers Reslricled Fund 1 - BKJ Lottery Lloyds Enable BAVO Awards For Al AFA Communty Fund BBC CIN scvs Jobs Growth Wales People's Trust House Volunteering in Wales Groundworks BCBC Homeless Millenium Stadium TnJst- Community Foundati Wales Simon Gibson Moondance Edward Gosling Foundation (11 2.246 $45 {2.2921 {1.1861 46 1.170 529 9.612 9.492 1272) 31.891 S.659 {192) (8.8741 {11,2381 738 1,187 2.892 41 272 {30.4601 {13,6231 {1.4441 {3,0001 {13,6091 17311 1.431 8.565 {6011 {1641 13.609 655 78 14.870 (9.8531 13.825 28.511 8S,839 {96,3111 13301 17.709
Bridge Mentoring Plus Scheme Company Llmited by Guarantee Notes to the Financial Statements (conrfnu8d) Year ended 28 February 2021 22. Analysis of not as¥ots b¢twe¢n funds untricted FU1$ Restn'cted Total Funds FurKIs 2021 Tangible fixed assets Current assets Creditor5 less than 1 Jear N•t ass8ts 1.209 37,5 {1,543} 37.256 3.579 67,050 4.788 104,640 (1,5431 107,885 70.629 utred Re5tr¢cled Total Funds Funds Funds 2020 Tangible fixed assets Current assets Creditors less than 1 ar Net assels 2.419 21.844 {4.4421 19.821 2.419 39,554 14,4421 37.531 17.710 17.710
Bridge Mentoring Plus Scheme Company Limited by Guarantee Management Infom)ation Year ended 28 February 2021 The following pages do not fomi part of the financial statements.
Bridge Mentoring Plus Scheme Company Limited by Guarantee Detailed Statement of Financial Actlvities Year ended 28 February 2021 2021 2020 Income and endowments Donations and le9acies Donations Big Lollery- Main Grant BAVO Awar¢Js For All AFA Community Fund BBC Children In Need scvs Track 2000 People's Health Trust Volunteering in Wales Groundworks BC8C Homeless Millenium Stadium TnJsl Community Foundation Wales Simon Gibson Moondance E¢Jward Gosling Foundalion Other grant income Govemment grant income 14,585 10.000 16.556 9.350 7.014 1.170 9,612 9,492 12721 31,891 5.659 {1921 25.277 31.617 1.000 13.609 2.262 25.01)0 3.01)0 15,120 s.000 14.870 15.500 25,000 183.767 108.353 Ofher trading activtties Generated Income Room Hire 5.809 29.983 6.089 6.089 35.792 Other income Other Income Govemment job support grants 6.671 16.492 16.492 6.671 Total incom• 206.348 150,816
Bridge Mentoring Plus Scheme Company Llmlted by Guarantee Detailed Statement of Financial Activities (¢Mtinu¢d) Year ended 28 February 2021 2021 2020 Expendlturn Expenditure on charitable aclivities Wages and salaries Em9ye$ NIC Pension costs Rent Rates and water Lht and heal Repairs and maintenance Insurance Other establishment Other molorllravel eosts Legal and professional fees Telephone Other office cosls Depreciation Volunteer expenses Training Zone cOnsumae$ Youth club expenses Computer costs Consullaney fees Sundries 82,181 84,237 2.921 135 15,250 783 184 15,250 743 3,883 6,427 1,449 52 81 3.610 1.783 2,632 2.403 6,127 2.355 765 2.179 2,103 4,489 1.209 1.060 579 7.783 131 2,907 5.000 1.800 4,732 135.994 139,338 Total oxpendilure 135.994 139,338 Nét income 70.354 11,478
Bridge Mentoring Plus Scheme Company Limited by Guarantee Notes to the Detsiled Statement of Financial Activities Year ended 28 February 2021 2021 2020 Expendlture on charitable acllvlll Mentoring and support Activities und•rtak•n dirncdy Wages Social secunty Oirecl charitable actiwty 1 - pension costs Rents Rates & water Light & heal Repairs & renwdls In5uran¢e Travelling Professional fees Volunteer expenses Training Zone conSumae$ Youlh club expenses Computer costs Consultancy fees 82.181 84.237 2.921 135 15.250 783 4.448 6,127 2.355 184 1S.2SO 743 3.883 427 1.449 81 1,632 571 769 1.060 579 7.653 2.842 5,000 120,441 126.859 Support CQ5ts Cleaning expen Telephone Printing, postage aThJ stationery Depreciation Bank charges Refreshments Sundries 52 1,783 2,632 2.403 108 65 1.800 4,732 765 2.103 4,489 1.209 130 131 PPE 13,575 10.871 Gov•man¢e costs Governance costs- accountancy fees 1.978 1.608 Exponditure on charitable activities 135,994 139.338