Trident Reach the People Charity
Annual Report and Financial
Statements
For the year ended 31st March 2021
Company No:
06761385
Charity No:
1129187

Trldent Reach the People Charity
For the year ended 31 March 2021
Contents
Page
Reference and AdminlstratNe Detalls of the Charity
Report of the Board of Trustee5
Strategic Report
li
Independent Auditors Report
12
Statement of Financial Activities
17
Statement of Financlal Position
18
Notes to the Financial Statements
19

Trldent Reach the People Charlty
Forthe year ended 31 March 2021
Rèference and Admlnlstratlve Detalls of the Charlty, its Trustees and Advisors
Trident Reach the People Charity (Trident Reach) is a charitable company limited by guarantee and
not having any share capitsl. It was Incorporated on 28 November 2008 and registered as a charity
on 16 April 2CQ9. It commenced trading on l October 2[￿.
The charitable company is a wholly owned subsidiary of Trident Housing Association Limited.
The charitable company's pollcy an(i operations are governed by its Memorandum and Artlcles of
Assoclation.
Trustees
The following setved as Trustees during the period
Colin Small- Chair
Brian Carr
Yasmin Fearon
Stephen Gabriel
Chris Handv
Simon Hatchman
Katie Kershaw
Yvonne Leishman
Patrick Mccarthy
John Morris
Nathan Talbott
Management Team
John Morris
David Harris (appointed October 20201
Company Secretary
Corin Winfield (resigned September 20201
Debra Hanley (appointed September 20201
Auditors
BDO LLP, Two Snowhill, Bimiingham, B4 6GA
Bankers
National Westminster Bank. I St Phillips Place, Blrmingham B3 2PT
Registered Office
12 Falrlie House, Trident Close, Erdington, Birmingham. B23 5TB
AdmiDlstratlve Office St Philip5 Community Campus, Newman Building, 153 Hagley Road,
Birmingham B16 8UQ

Trldent Reach the People Charity- Report of the Board of Trustees
For the year ended 31 March 2021
Strurture Governance and Mana
ment
Whilst the Board is responsible forthe overall strategy and policy of Trident Reach, day-to-day matters
are delegated to the Group Chief Executive, who attends all Board meetlngs. Also in attendance atthe
Board meetings are the Group Finance Director. Executive Leads and senior staff.
Trident Reach Is a subsidiary of Trident Housing Association Limited (THAI, the legal parent of the
Trident Group. Trident Reach is a registered charity and set up to run the care and support part of the
busine55. It owns ￿ properties but Uses a number of THA propertie5 to provide seNices. The servrces
provided extend across Bimiingham, Sandwell, Wofverhampton, Dudley, Coventry, Woice5ter,
Warwickshire, South Derbyshire and Shropshire.
The board of Trustees are appointed after a rigorou5 recruitment process whKh involves a formal
Induction programme. a Eovernante revlew which leads to accreditation from the Governance Forum
so that they fulty understand the charity, chartty law and their roles as trustees within the 8overnan¢e
framework. Trustees are selerted based on their knowledge and skills so they can fill any skills gaps.
The aim is to ensure the Trustees are highly skilled so they can perform at the highest level in their
governance of the charity.
The Board of Trustee5 meet at least once a quarter and each board meeting is structured to have
themes linked to the corporate calendar and corporate plan, as well as considering specific buslness
that has arisen since the previous meeting. Main theme5 include the business plan and strategic
direction of the charity, performance of existing contracts. Setting budgets for the next financial year,
approving statutory accounts, reviewing annually terms and conditions, revIewi￿ the corporate risk
register and safeguarding.
Publlc Benefit
The Trustee5 consider they have had regard to the Charity Commission guidance on public benefit and
have established the followin8 aim5. objectives, vision, and mission.
Ob
rtl
Artivi
The key objectives of the charlty glven in the Memorandum of Association are..
To provide care and sUPPOrt and related seNices for the relief of the aged, the infirm, the sick
and others in necessitous circumstances; and
To promote social inclusion forthe public benefit by preventing people from becoming socially
excluded, relieving the need5 of those people who are socially excluded and assisting them to
integrate into society.

Trldent Reach the People Charity- Report of the Board of Trustees Icontlnuedl
Forthe year ended 31 March 2021
Our Vision
Trident Reach the People Charity is a people first organisation working in partnership to maximise
POSitivityi independence, and partlcipation.
Our Alms
To support people and communities to..
Exercise choice and maximum control over their own lives and communities.
Have access to training, education, or work-like activities to live independently.
Participate as active and equal citizens both economically and socially.
Develop social contacts and access leisure artivities to help reduce the effects of isolatlon and
achieve community integration; and
Develop social enterprises to enable people and communities to enhance their own economic
situation5 and contribute to the local economy.
perforn￿n¢¢ In the
Through a difficult year of performin8 through the pandemi¢, Trident Reach has delivered a surplus of
£48.6k during the twelve months to 31 March 2021, an improvement on the £3.5k surplus reported
in 2019-20. Trident Reach has delivered some great results in the period:
Key services to all customers have been maintslned. Offices have iemained open with
essential services continuing to run 24 hours a day.
Reach's services and emergency responses have received compliments from across the region
and especially in Bimin8ham. The efforts made to maintain and tailor housln& care and
support Se￿ICe5 throughout the pandemic, and three lockdowns has been exceptional.
As part of the Trldent Group, Trident Reach has succe55fully retained the Investors in People
ccreditation.
Trident Reach has worked with health authorities to open four COVID vaccinatlon centres,
promoting the vaccination campaign, targeting customers and staff.
Reduced the number of rough sleeper5 in Birmingham by almost 70% Idown to 171.
The work of Tridenvs Rou8h Sleeper Outreach work was re¢ognised through winning a
Birmingham Westside "Wonders of Westside" award.
Em
Matte
Trident has an active Employee Forum that sits on a bi-monthly basis to discuss any policy changes
affecting staff with the Executive Team.
51Page

Trldent Reath the People Charity- Report of the Board of Trustees (Contlnued)
For the year ended 31 Marth 2021
The Trident Group employs corwrate policies to deal with employment issues. However, it is
nece5Saryto make in(lividual variations to meet the specific needs and requirements of the individual
businesses and therefo￿ each company issue5 its own policie5 which incorporate these individual
variances. Policies cover a range of matters including..
Equality and diversity
Health and safety
Pay and benefits
Bullying and harassment
Discipline
Safeguarding users
Whistle blowing
Complaints
Capability
Grievan
The organlsation continuesto be accredited as an Investors in People IIIPI organisatlon atthe Standard
award level, following Its three-year assessment durlng February and March 2021. The organisation
has contlnued to demonstrate the requirements of the IIP framework with the successful interim
reviews as part of the three-year accreditation period. The Group'5 achievement of the Standard
award once again reflects the commitment and acknowledges the effort of everyone that works for
the Group.
The IIP state themselves that the Standard award is a very challenging one for organisations to meet
and we have consistently met the Standard award for the previous three years. The HR team continues
to work with staff, volunteers and apprentices across the organisation to provide dedicated and
responsNe support for the development of skills and knowledge to continue to contribute effectively
to the Gmup's strategic vision and direction.
Having been recognised nationally in prevlous years for our commitment to Equalityi Diversity and
Inclusion IEDII by both the National Centre for Diversity and Stonewalfs index of Top 100 companies
to work for, the Group continues to revlew Its approach to EDI. The Group's anti-ratism statement
also states that the Group stand5 together with all our colleagues, the community and all people of
colour who are publlcly condemning racism in any form.
As part of our commitment to work in the acceleration of equality, diversity and inclusion for all, the
Group became one of a few early adopter organisations of The RACE Equality Code 2020 and its
accountability framework. The Code adopts an 'apply and explain, approach which will enable us to
describe how we will achieve the Code's Standards, carrying out a self-assessment. evidencing our
outcomes in a robusL transparent and comprehensive manner.
In addition, the Group remains a 'Disability Confident Committed Empbyerf for the fourth consecutive
year lup to March 20221 since slgniTha up to the Disability Confident Scheme.

Trldent Reach the People Charlty- Report of the Board of Trustees (Continued)
For the year ended 31 March 2021
Health and Wellbeln
Covid-19 ha5 been a major challenge for organi5ations and indivlduals alike which has resulte(i in
changing the vmy we all operate on a day-to-day basis. The Group has seen the introduction of
changes to working praclice5 includin8 new rots arrangement5 across seNices. These have allowed
the Group to continue to operate as normal but adhering to the government guidance relating to
social distancing for employees whilst at work. As the UK exits Out of the third national lockdown, the
Group in collaboration with its staff members have reviewed lessons learnt from working in a
pandemic and will introduce a more formalised hybrid working arrangement for allowing them to
work between the office, and the home.
The Group had previously chosen to enhance Its Employee Asslstance Programme IEAPI for all staff.
The enhanced offering provides stsff with an individual programme of support that Includes
confidential helplines. face-lo-face consultations, and an array of online resources.
Throughout the pandemic the Group ha5 promoted heatth and wellbeing coverlng a range of topics
from mentsl health. stre55 awareness, nutrition advice. and physical awareness. Wellbeing initiatives
will continue to raise awareness throughout the year.
The Group's Health and Wellbeing arrangements do not stop at employee5, but it also considers the
Group's customers with a partnership across Birmingham with Aston Villa Football Club
{AVFCI- Workin8 in partnership employees and customers can take advanta8e of a range of
programmes delivered by AVFC at times that are suited to the individual.
isk Mana
ment
The Trustees review and challenge the risk register as a standing item on every meeting a8enda. The
risk regÈster is maintained by the Executive and supported by operational risk reglsters that we use
to make u5 aware of any emerglng risks across the busine55.
The current highest Strategic Risks are:
Health and Safety of our customers and staff
Care and Support
Asset Management
Financial Risk in Reach 15 caused by the low ma￿1n$ we see in this sector. However, Reach carries no
debt and has built up significant reseNes.
This is supported by a specific Reach Risk Register which feeds the Strategic Risks and Reach KPIS
which are reviewed by the Trustees at each meeting.

Trident Reach the People Charlty- Report of the Board of Trustees {Contlnued)
For theyear ended 31 March 2021
Goin Contèrn
The budget for 2021122 ha5 been set, taking in to account our current expectation5 of perfomiance
through the pandemic. Work done through our financial planning process tested Reach finances
specifically as well as the Group-wide scenarios and stress te5t5. We stress tested the impact of
increasing employment costs within Trident Reach, losing key contrarts and not athieving
performance targets within contracts. Trident Reach is able to perform through these st￿SSeS with
acce55 to cash of over £lm and unrestricted reserves of £1.8m. Trident Reach is active in lookin8 for
new opportunities and improving the financial perfomiance of existing contracts.
Glven the St￿n8th of the Statement of Financial Position, lack of debt and the availability of Ilquid
resources, the Trustees believe that while uncertainty exists, this does not Pose a material uncertainty
that would cast doubt on the chariWs ability to continue as a going concern for a period of at least
twefve months from the signing of these accounts. The Trustees therefore conslder it appropriate for
the accounts to be prepared on a going concern basi5.
Internal Control$ Assurance
The Board acknowledges Its overall responsibility for establishing and maintaining the whole system
of Internal control and for reviewing its effectivene55 for the Trident Group as a whole.
The system of internal control 15 designed to manage, rather than eliminate. the risk of fallure to
achieve bu5ine5s objectives, and to provide reasonable, not abSol￿e, assurance against material
misstatement or loss. In meeting its responsibllitles. the Group Board has approved an effective
framework to identify and manage the significant risks to the Group's operations. Thi5 risk-based
approach to establishing and maintainlng internal controls is embedded within day-to-day
management and governance processes. Our Strategic Risk Register is regularly reviewed internally
and presented to Audit and Assurance Committee and Group Board with emergin8 risks highlighted.
Operational risk reEister5 are also maintained.
The Group Board delegate5 responsibility for the annual review of the effectiveness of the system of
internal control to the Audit & Assurance Committee. The Audit & Assurance Committee take account
of any changes needed to maintain the effectiveness of the management and control process for risk
and fraud. Audit & Assurance Committee met eight times during the course of the year.
A key thange to this yearfs Internal Control Assurance was the appointment of RSM to deliver our
Internal Audit programme. This moves away from the internal resource we had employed. This gives
OUT Executive and Board greater assurance of our Internal Contro15. A full annual programme for
2020121 has been carried out within 7 months, With RSM appointed on an interim basis before a full
tender was carried out. The tender carried out subsequently appointed RSM for the next three years.
81Page

Trklent Reach the People Charfty- Report of the Board of Trustees (Contlnued)
For the year ended 31 March 2021
The prime responsibility of the internal audit service Is to provide the Group Board with a55uronce on
the adequacy and effectiveness of the internal control system, including risk management and
governance. Internal audit also plays a valuable role in helping management to Improve systems of
internal control and so to reduce the poterrtial effects of any s18nificant risks faced. Internal Audit has
been delivered by RSM during thls year who have attended each of the Audit and Assurance
Committee meetlngs.
Key of Assurance
Policies and procedures
internal financial regulations- includin8 authorisation limits- System managed
KPIS and regular financial reporting to Exec and Boord
Finance and daia systems
Internal Audit Programme
Specialist audits- IT penetration testingl medication5
Regulator Review and Judgements
Unqualified external audit opinion
Insurance performance
Business continuity plannlng
Regular review of strategic risk register
Financial planning and stress15cenario testing
Chief Exe¢utl¥e Conclusion
I have reviewed the effectiveness of the system of internal control, including the sources of
assurance. l am satisfied that there 15 sufficient evidence to confirm that adequate systems of
internal control existed and operated throughout the year. Those systems were aligned to an
ongoing process for management of the significant risks facing Trldent Housing. Where control
issues were identified these were responded to appropriately. No weaknesses were identified which
would have resulted in material misstatement or loss requiring disc105ure in the Financial
statements.
John Morris
Fundral4n
Activi
Trident Reach received donation5 of £25.02612019120: £3.1481. There 15 no dedicated fundraising
team and professional fundraisers are not used. The Trident Group has adopted a policy of donating
surpluses derived from commercial property ￿nts1 to Trident Reach. Given the low relatlve value of
donations from thlrd parties the charity is not re8lStered with the Fundraisin8 Regulator. The charity
has policies in place to ensure compliante wfth best fvndraising practice which prohibit persistent
approache5 and undue pressure to give.
91Page

Trident Reach the People Charity- Report of the Board of Trustees {Contlnuedl
For the year ended 31 March 2021
Re
rt of the Board of Trustee5
The Trustees are ￿spOnSible for preparing the Strategic report. the Report of the Board of Trustee5,
and the financial statements in accordance with applicable law and re8ulations.
Company law requires the Trustees to p￿pare financial statements for each financial year in
actordance with United Kingdom Generally Accepte(l Accounting Practice Iunited Kin8dom
Accounting Standards and applicable lawl. Under company law the Trustees must not approve the
Inancial statements unless they are satisfied that they give a true and fair view of the state of affairs
of the charity and of the incoming resources and application of resources, including the income and
expenditure, of the charity for that period.
In preparing these financial statements, the Trustees are required to:
select suitable accountin8 policie5 and then app￿ them cons1Stently.
make judgements and accountin8 estimates that are reasonable and prudent.
State whether applicable UK Accounting Standards have been followed, subjett to any
material departures disclosed and explained in the financial statements; and
prepare the financial statements on the going toncern basis unless it 15 inappropriate to
presume that the charity will continue in business.
The Trustees are responsible for keeplng adequate accounting records that are sufficient to show and
explain the charity's transactions and disclose with reasonable accuracy at any time the financlal
position of the charity and enable them to ensure that the financial statements comply with the
Companies Act 2006. They are also ￿sponSible for safeguarding the assets of the charity and hence
for taking reasonable steps for the prevention ènd detection of fraud and other irregularities.
Audltors
BDO LLP were appointed to condurt the audit for the financial year to 31 March 2021 in accordance
with Section 485 of the Companies Act 2CK16. A5 this will be three years since the last tender exercise,
a proposal to retender the seNice will be made to the AGM on 27 September 2021.
By order and signed on behalf of Trustees by..
Colln Srnall (Chairman)
l9.
101 Page

Trident Reach the People Charlty
For the year ended 31 March 2021
Strate8lc Report
Flnancial Re¥lew
Trider)t Reach has p95ted a surplus for the financial year 2020121 of £48.6k {2019120: £3.5kl: a
movement in restricted and unrestricted reserves of £104.7k and 1£56.Ikl, respectlvety12019120:
{E35.5kl and £40.Okl.
Donations and other trading activitie5 have contributed £129k worth of income 12019120: £81kl.
However, charitable activities have brought in the greatest proportion of income: £14,366k12010120:
£13,788kl, which equates to 95.5% of a total income of £15.039k12019120.. £14,126kl.
The charity has paid close attention to its cost base and, In spite of cost pressures includin8 those
associated with Covid-19. has been able to keep its overall cost increase below the growth in income.
Total reserves for the charity at 31 of March 2021 are £2,335k12019120 £2,286kl: with £1,803k being
unrestricted (2019120: £1,859kl and £532k restricted12019120: £428kl. Much of the reserves are held
in cash resources of El,033k12019120: £927kl. The charity has no external debt.
The Trustees have reviewed the risks of the charity. especlally in the light of the pandemic. Marglns
are tight in the sector and a small movement or1055 of contract could pose a challenge.
The budget and the long-term business plan for the Charity, as well as the wider Group, has been
stress tested and is found to be financially sound.
Given the strength of the Statement of Finantial Position and availability of liquid resources, the
Trustees believe that there is no material uncertainty that would cast doubt on the charit¢s ability to
continue a5 a going contrrn for a period of at least twelve months from the signing of these accounts.
Plans forthe Future
Trldent Reach will continue to deliver current contrarts but also look for Dew opportunities. As
demands on the care and support sector rise, we are Steadfast in our desire to remaln proactlve In
being a service provlder for all sections of our communities.
The development grovrth of THA brings opportunities to expand the 8eography of the serwices offered
by Reach. Any new opportunities will be assessed against our internal "Golden Rules" and careful
consideration is made on all new projects to ensure it delivers strong social and financial outcomes.
We will only enter a contract where we know we will add value to the service and to the customers.
11 IPage

Trident Reach the People Charity
For the year ended 31 Marth 2021
INDEPENDEKf AuDIT0￿s REPORTTO THE MEMBERS OF TRIDENT REACH THE PEOPLE
CHARITY
Opinion
In our opinion. the financial ststements:
give a true and fair view ofthe state of the Charitable Company's affairs as at 31 March
2021 and of its incoming resources and application of reSoUr￿S for the year then
ended.,
have been prop8rly prepared in accordance with United KiTrJdom General￿ Accepted
Accounting Practice:
have been prepared in ac¢ord8nce with the requirements of the Companies Act 2006.
We have audited the financial statements of Trident Reach the People Charty {'the Charitable
Company.) for the year ended 31 March 2021 which compris8 the Statement of Financial
Activities, the Statement of Financial Posltlon and notes to the financial statements, including
a surnmary of significant a¢￿￿nting policies. The financial reporting framework that has been
applied in their preparation is applicable law and Unitèd Kingdom Accounting Standards.
ncluding Financial Reporting Standard 102 The Financial Reporting Standard applicable in
the UK 8nd Republic of Ireland (United Kingdom Generally AC￿pIed Accounting PrdCtice>.
Basis for opinion
We conducted our audit in accordance with Inlernational Standards on Auditing (UK) IISAS
{UK)) and applicable law. Our responsibilities under those standards are fvrther describèd in
the Auditor's responsibilities for the audit of the financial statements section of our report. W8
are independent of the Charitabl8 Company in accordanc8 with the ethical requirements that
are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical
Standard, and we have fulfllled our other ethical responsibilities in accordance with these
requirements. We believe that the audit evidence we have oblained is sufficient and
appropriate to provide a basis for our opinion.
Concluslons relating to going concorn
In auditing the financial statements, we have concluded that the Trustees, use of the going
concern basis of accounting in the preparation of the financial statements is appropriate.
Based on th8 work we have perfom8d, we have not identified any mat8rial uncertainties
relating to events or conditFons that. individually or collectively. may cast significant doubt on
the Charitable Companvs ability to continue as a going concern for a period of at least twelve
months from when the financial slatements are authorised for issue.
Our responsibilities and the responsibilities of the Trusta8s with respect to going ¢oncem are
described in th8 relevant séctions of this report.
121 Page

Trldent Reach the People Charity
For the year ended 31 Mardi 2021
INDEPENDENT AUDITOR'S REPORTTOTHE MEMBERS OF TRIDENT REACH THE PEOPLE
CHARITY (CONTINUED)
Other irfomiatlon
The Trustees are responsible for the other infomiation. The other infomiation comprises the
Information included in the Annual Report. otherthan the financial statements and our auditor's
report thereon. Our opinion on the financial stslements does not cover the other infomation
and, except to the ext8nt otherwise explicitly stated in our report, we do not express any form
of assurance conclusion th8r80n.
Our responsibility is to read tha other information and, in doing so. consider whether thg other
infomation is materially inconsistent with the financial statem8nts or our knowledge obtained
in the wurse of the audit, or Othe￿ise appears to be materially rnisslated. If we identify such
material inconsistencies or appar8nt material misstatements, we are required to detemiinè
whether this gives rise to a material misstatement in the financial statements themselves. If,
based on the work we have porfomied. we conclude that there is a material misstatement of
this other information, we are required to report that fact.
We have nothing lo report in this regard.
Opinions on othor matters prescrlbed by tho Companles Act 2006
In our opinion, based on the work undertaken in the course of the audit:
the infonnation given in the Trustees, R8POrt for the financial year for which the
financial statements are prepared is consistent with the financial stalemenls; and
the Strategic Report and Trustees, Report has been prepared in accordance with
applicable lagal requirements.
Matters on whlch we are rnquired to report by exceptlon
In the light of the knowledge and understanding of the Charitable Company and its
environment obtained in the course of the audit, we have not identified material misstatements
in the Trustees, Report.
We have nothing to report in rospect of the following matters in relation to which the
Companies Act 2006 requir85 US to report to you rf, in our opinion..
adequate accounting records have not been kept. or retums adequate for our audit
have not been received from branches nol visited by us- or
the financial sLgt8ments are not in agreement with the accounting records and retums.
or
certain disdosures of Trustees, remuneration specffied by law are not made., or
we have not re￿iVed all the information and explanations we requlre for our audlt,.

Trident Reach the People Charfty
For the year ended 31 March 2021
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF TRIDEpif REACH THE PEOPLE
CHARITY ICONTINUED)
Responsibilltles of Trustees
As explained more fully in the Statement of Trustees Responsibilities. the Trustees (who are
also the directors of the Charltable Company for the purposes of company law) are responsible
for the preparation of the financlal statements and for being satisfied that they give a true and
fair view, and for such intemal control as the Trustees determine is necessary to enable ihe
preparation of financial statements that are free from material misstatement. whether due to
fraud or error.
In preparing the finan¢lal staternents. the Trustees are responsible for assessing the
Charitable Company's ability to continue as a going concern, disclosing, as applicable, matters
related to going concem and using the going concern basis of accounting unless the Trustees
either intend to liquidate the Charitsb18 Company or to cease operations, or have no realisti
altemative but to do so.
Audltorfs re5ponsibilitle8 for the audlt of the financlal statsments
Our obj8Ctives are to obtain reasonable assuranc8 about whether Ihe financial statements as
whole ar8 free from material misstatement, whether due to fraud or error, and to issue an
auditor's report that includes our opinion. Reasonable assurance is a high level of assuran￿,
but is not a guarantee that an audit conducted in accordance with ISAS (UK) wlll a￿ayS d8tect
a material misstatement when it exists. Misstatements can arise from fraud or error and are
considered rnaterial if, individually or in the aggregate, they could reasonably be expected to
influence the economSc decisions of users taken on the basis of these financial statements.
Ext8nt to which the audit was capable of detecting irregularities, including fraud
Irregularfties, including fraud. are instances of nonwcompliance with laws and regulations. We
design procedures in line with our responsibilities. outlined above, to detect material
misstatements in resped of irregularities. including fraud. The extent to which our procedures
are capable of detecting irregularities, including fraud is detsiled below:
We made enqulries of management and the Audit Committee. This includ8d the following:
how they have identified, evaluated and Complied with laws and regulations and
whelher they wer8 aware of any instances of non-compliance;
their process for detecting and responding to the risks of fraud and whether they have
knowledge of any adual, suspected or alleged fraud; and
which internal controls have been established to mitigate rlsks related to fraud or non-
complian¢e wlth laws and regulations.
141Page

Trident Reach the People Charity
For the year ended 31 March 2021
INDEPENDENT AUDITOR'S REPORTTOTHE MEMBERS OF TRIDEMf REACH THE PEOPLE
CHARITY (CONTINUED)
We obtained an understsnding of the legal and régulatory frameworks that are applicable to
the Company. These indude, but are nol lirnited to, compliance wilh Companies Act 2006,
Charities SORP, United Kingdom Generally Accepted Accounting Practice and relevant tax
legislation.
In addition, the Charitable Company is subject to many other laws and regulations where the
consequences of non-compliance could have a material effect on amounts or disclosures in
the financial statements. for instance through the imposition of fines or litigation. We identffied
the followin9 areas as those most likely to have such an effect: data protection. Auditing
standards limit th8 required audit procedures lo identify non-compliance with these laws and
regulations lo enquiry of the Those Charged with Governance and other management and
inspection of regulatory and legal correspondence rf any.
We considered management's incentives and opportunities for fraLKlulent manipulation of the
financial statem8nts {including revenue recognition and the risk of override of controls). and
detennined that the principal risks werè related to posting inappropriate journal entries to
manipulate financial results and management bias in accounting estimates.
Audil response to risks identrfigd
We reviewed the financial statement disclosures and sample tested to supporting
documentation to assess compliano with relevant laws and regulations discussed
above;
We rnade enquiries of the Audit Committee, management and internal audit.,
We reviewed the fraud register which includes instances of fraud and non-compliance
wilh laws and regulations and we read minutes of meetings of those charged with
gov8mance"
In addressing the risk of fraud through management override of Controls, we tested the
appropriateness of joumal enlries and other adjustments; assessed whether the
judgements made in making accounting estimates are indicative of a potential bias:
considered completeness of related party transactions: aThJ evaluated the business
rationale of any significant transactions thal are unusual or outside the normal course
of business; and
We challenged assumptions made by management in their signifiGant accounting
estimatss in particular in relation to provisions.
Our audit procedures were designed to respond to risks of material misstalenient in the
financial statements, recognising that the risk of not detecting a material misstatement due to
fraud is higher than th8 risk of not detecting one resulting from error, as fraud may involve
deliberate conce81m8nt by, for examplg. forgery, misrepresentations or through collusion.
151Page

Trident Reach the People Charlty
For the year ended 31 March 2021
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF TRIDENT REACH THE PEOPLE
CHARITY IcoMfiNUED)
There are inherent limitations in the audrt procedures perfom)ed and the further removed non-
compliance with laws and regulations is from the events and transactions reflected in the
financial statements, th8 less likely we are to become aware of it.
A further description of our r8sponsibilities for the audit of the financial statements is located
at the Financial Reporting Council's website at:
nsibiliti8s.This description fornis part of our auditor's
htt :Ilwww.frc.or
report.
.ukJauditorsres
Use of our roport
This report is made solely to the Charitable Company's members, as a body, in accordance
with Chapter 3 of Part 16 of the Compani8s Act 2006. Our audit work has been undertaken $0
that we might state to the Charitable Company's members those matters we are required to
state to them in an audilor's report and for no other purpose. To the fullest extent permitted by
law, w8 do not accept or assume responsibility to anyon8 Other than th8 Charitable Company
and the Charitable Company's members as a body, for our audrt work, for this report, or for
the opinions we have fomed.
Do¢US￿nedts￿.
A11116013DD84AC
Kyla Bellingall (Senior Statutory Auditw}
For and on behalf of BDO LLP. Statutory Audltor
Birmingham, UK
21 August 2021
BDO LLP is a limited liability Partnership registered in England and Wales Iwilh regist8r8d
number OC305127).
16 |Page

Trident Reach the People Charlty- Statement of Flnanclal Activltles
(Incorporating Income and ExpendSture Account)
For the year to 31 March 2021
2020
Total
Funds
Vnrestrlrted
Funds
Restrfcted
Fund5
2021
Totsl Funds
Note
Income from:
Donations & legacies
Other trading activities
Charitable activities
Services provided as part of the
charitable activities
Grants for the provision of
services as part of the charitable
activities
25,026
104.(K)6
25,026
104.¢X16
3.148
77,835
14.366.195
14,366,195 13,788,450
544,099
544,099
257,203
099 15 03
L26 14 126 636
Total
14
ndlture on.
Raising Funds
Charitable Activities
14.444,543
106,778
14
439,383
14,883,926 14,015.237
106,778
107.888
83 14 990 704 14 123 125
Other
Total
439
Net lexpenditure)/income
RKonclllation of funds:
Totsl funds brouEht forward
Total funds carried forward
1,858,722
427,711
2,286,433
2,282,922
The notes on pages 19to 40 form part of these financial Statement5. All the above
results are derived from continuous activities.
17 IPage

Trldent Reach the People Charity
Statement of Flnancial Positlon A5 at 31 March 2021
Notes
2021
2020
Fixed Assets
io
296,732
355.890
Current Assets
Stock
li
7,177
9,621
Debtors
12
1,826,879
2.034,739
Cash at Bank and in Hand
1,033.323
1829.056} 11,041,020)
2,038,323
1,930,543
927,203
Creditors
13
Net Current Assets
Totsl Assets Less Current liabilltles
2,335.055
2.286,433
Funds
Unrestricted Reserves
16
1,802.628
1,858,722
Restrirted Reserves
17
532,427
2 335 055
427,711
2 286 433
The notes on pages 19 to 40 form part of these financlal Statements.
The financial ststements were approved by the Trustees on
ZO
2021
Signed on behalf of the Trustees by:
Colin Small
Chairnian
John Morris
Trustee
18 |Page

Trldent Reath the People Charlty
Notes to the Flnancial Statements for the year ended 31 March 2021
l Accounting Policles
a) Basis of Preparatlon
The financlal statements have been prepared in accordance with applicable law and United
Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and
comply with the Statement of Recommended Practice ISORP) Accountin8 and Reporting bv
Charities FRS102 effective from January 2015. The Financial statements are prepared under the
historic cost convention.
Golng con¢em
The financlal statements have been prepared on the golng Con￿rn basS5.
The budget for 2021-22 has been set, taking in to account our current expectations of
perforrnance through the pandemic. Work done through our financial planning has stress
tested the impact of increasiT)g employment costs, losing key contracts and not achieving
perf0mlan￿ targets within contracts. Mitigaiions could include TUPE of staff if contracts lost
and reduced use of agency Staff to reduce operating tosts. Trident Reach is able to continue
through these stresses with access to cash of over £lm and unrestricted reserves of £1.8m.
Trident Reach 15 active in looking for new opportunities and improving the financial
perfom)ance of existing contracts.
Given the strength of the Statement of Financial Position, the lack of debt within Trident Reach
and the availability of liquid resources, the Trustees believe that while uncertainty exists, this
does not pose a material uncertainty that would cast doubt on the charity's abilityto continue
a5 a going concern for a period of at least twelve months from the signing of these accounts.
The Trustees therefore consider it appropriate for the account5 to be prepared on a going
concern ba5iS.
Finan¢ial reportin8 Standard 102- reduced dlsclosure ex¢mption5
The company has taken advantage of the following disclosure exemptions in preparlng these
financial statements, as permltted by the FRS 102 "The Financial Reportin8 Standards
applicable in the UK and Republic of Ireland" as a result of being included within the
consolidated financlal statements of its ultlmate parent company:
the requirements of Sertion 7 Statement of Cash Flows;
19 | Page

Trldent Reath the People Charlty
Notes to the Financlal Statements for the year ended 31 March 2021
Accounting Pollcies (Continued)
the requirements of SectSon 3 Financial Statement Presentation paragraph 3.17 Id),-
the requirements of Section 11 Basic financial instruments; and
the requirements of Section 33 Related party transaction.
This information is included in the consolidated financial statements of Trident Housing
Association Limtted.
Judgements In applylng accountlng pollcles and key 5our¢¢s of estlmation uncertalnty
In preparing these financial statement5, the Trustees and Directors have made judgements, the
details of which are included in the following accounting policies.
b) Charlty 5tatU5
The compony is incorporated in England and Wale5 under the Companies Art 2006 and is
regISte￿d as a charity.
cl Fund Accountlng
General funds are unrestricted funds. which are available for use at the discretion of the
trustees in furtherance of the general objectives of the charitable company and which have
not been designated for other purposes.
However, most of the current funding is in the form of contracts all of which carry specific
service targets but also allow for contributions to central administration costs and the
generation of small surpluses.
Therefore, whilst the funds are unrestricted, a large proportion of income will be expended
insuring ihat delivery targets are met.
Restricted funds are funds which ore to be used in accordance with specifK ￿$trICtl0n5
imposed by the funders or which have been raised by the charity for a particular purpose.
20IPage

Trldent Reach the People Charlty
Notes to the Financial Statements for the year ended 31 Marth 2021
Accounting Pollcles (Continued)
d) Income
All Income 15 induded in the Slatement of Financial Artivities ISoFA} when the charitsble
company is legally entitled to the income and the amount can be quantlfied with reasonable
accuracy. Income from donations represents donations and fund-rai5in8 aclivity for individual
specified projects 5UPPQrted by the tharilable company. Income for charitable activitie5
represents contracts held with third parties, for the delivery of a range of care and support
seNices, and grants for charitable activities that relate to specific fund5 which allow the
charitable company to provide "value added" activities in connection with main contracts.
Most grants are paid in arrears based on invoices providin8 evidence of expenditure
committed. Shop income is received as cash and a record of the daity tskings are reported to
the finance team wlth a weekly wonciliation of banking and any authorised cash expendlture.
el Defffred Income
All income received which is paid in advance of a contract being delivered is treated as
deferred income until such time as the SeN1￿ is delivered.
t) Expndlture
All expenditure is accounted for on an accruals basls and ha5 been classified underthe heading
that aggregates all costs related to that category. In addition, an appropriate apportionment
of 5UPPOrt and management costs is charged to gNe a full cost of runnin8 each Service.
Governance costs include the costs of governance arrangements. which relate to the general
running of the charltable company.
Flxed Assets and Depre¢latlon
All assets are capltalised at cost. Depreciation is calculated to wiite off the cost less estimated
residual value of fixed assets on a stralght line over their estimated INes a5 follows.
Motor Vehicles
5 years
Housing furnlture and equipment
5 to 7 years
ICT/Office equipment
4 to 10 years
Depreciation for work5 on leasehold properties wlll be dep￿¢￿ated over the length of the
lease
21 | Page

Trldent Reach the People Charlty
Notes to the Flnancial Statements for the year ended 31 March 2021
Accounting Pollcies (Contlnued)
hl Operatin8 leases
Rentals payable under operating leases are charged on a straight-line basis over the temi of
the lease.
1> Penslons
Contributions payable to the pension schemes are charged to the income and expenditure
accounts in the period to which they relate.
j) Stock
Stock is valued at the lower of cost and net realisable value.
221Page

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