Registered Charity Number 1149605
Company Registered Number 07472750
THE MENTOR RING LTD
FINANCIAL STATEMENTS
FOR THE YEAR
ENDED 31ST MARCH 2024

THE MENTOR RING LTD
TRUSTEES REPORT
FOR THE YEAR ENDED 31ST MARCH 2024
The trustees present their report and the unaudited financial statements of the charity for the year
ended 31" March 2024
OBJECTS OF THE CHARITY
The company is governed by a memorandum and articles of association. The principal object of
the company continues to be the promotion of charitable work in England and Wales with particular
emphasis on the mentoring of individuals. The charity is structured to ensure that the Board of
Directors meets regularly to oversee its operations.
Our charitable objective is to promote social inclusion for the public benefit by working witli people
who are socially excluded on the ￿OundS of their ethnic and cultural background, poverty,
geographic isolation and health issues. We would relieve the needs of such people and assist them
to inte￿ate into society, in particular by the provision of mentoring, education and training.
REVIEW OF DEVELOPMENTS, ACTIVITIES AND ACHIEVEMENTS
The Mentor Ring organizes worksliops on meiitoring, arts and crafts, IT classes, gardening, and
activities promoting healthy eating. We also facilitate coffee mornings desI￿ed for individuals
experiencing isolation and loneliness, along with a diverse range of pliysical activities aimed at
enliancing overall well-being in Cardiff and nearby areas. Our overarching ethos and mission aim
to eliminate barriers, whether cultural, language-related, physical, mental, or social, to ensure that
no individual is excluded froin active participation in aspects ranging from employment to
community life. We have been organizing the Minority Ethnic Communities Annual Health Fair
in Wales since 2009 iii collaboration with 15 organizations and Cardiff and Vale Health Board and
provides a platforn] where communities can interact with voluntary and public sector health and
well-being practitioners. Responding to the increased referrals we have received from England, we
have taken steps to broaden our iinpact. Our services have recently expanded to England, focusing
currently on the London Borough of Bexley and Dartford. This expansion is geared towards
duplicating the success of activities and initiatives that have proven effective in Wales. South Asian
Heritage Month Celebrations has gained increasing significance and our communities in South
Wales , London Borough of Bexley and Kent have been more active in participating in the events
celebrating , commemorating and educating the rich cultural and economic contributions of South
Asians from the eight countries: India, Pakistan, Bangladesh, Sri Lanka, Nepal, Afghanistan,
Bhutan and thc Maldives. The Mentor Ring is one of the 17 organisations in Wales who have
achieved the Defence Einployer RecO￿lt10n Scheme (ERS) Silver Award for 2023.
FUTURE DEVELOPMENTS
The Board of Directors expect to maintain activity to be monitored based on the current situation
of funding. We remain committed to expanding our services beyond South Wales and into
England.
RISKS POLICY
The Board of Directors actively review the major risks that the charity faces on a regular basis and
believe that maintaining reserves at current levels, combined with regular reviews over key financial
systems will provide sufficient resources in the event of adverse conditions. Thc Board of Directors
also examine other operational risks faced by the charity and confinn that systems have been
established to mitigate any SI￿11f1Cant risks.

THE MENTOR RING LTD
TRUSTEES REPORT
FOR THE YEAR ENDED 31ST IWIARCH 2024
RESULTS
The results for the period and the charity's financial position at the end of the period are shown in
the attached financial statements.
DIRECTORS AND TRUSTEES
The Board ol Dii"ectoi"s are also trustees of the charity and there are no othei. trustees.
THE TRUSTEES
The Trustees who served the charity during the period were as follows:
Sean Newton - Chair
James Alexis- Treasurer (Resigned 1010712023)
Yusuf Rangoonwala - Treasurer
Sunil Pulapaka
John Gamblin
Chetna Sinha- Deputy Treasurei.
Rajani Devi Ponnada
Joan Simon
Jessica Leigh Hooper
CHAIRMAN'S REPORT FOR THE I￿ENToR IUNG (TMR)
The Mentor Ring (TMR) continues to thrive in a significantly impactful way despite
unprecedented challenges of cost of living crisis and political instabilÉty.
The 'teain" excel in tlieir collective et"forts to maintain and develop resilient engaging and
empowering work streams with loLal and wider, people, communities, and organisations on Wales
and wider UK footprint.
Supporting Kidney Research UK, Diabetes UK Cymru, Kidney Wales, and Strategic Diabetes
Clinical Network initiative around "Peer Educator" program of training and dissemination around
Preventing (awareness raising) chronic kidney disease through early diagnosis, (PACTED) in
South Asian communities within Cardiff and Newport, TMR has identified and supported a
transfom]ational opportunity to work on personal awareness raising and community awareness in
known areas of clinical risk.
I ivould again like to thank our board of trustees and all members of TMR staff who give theii.
time, expertise and support for TMR and the communities that we are honored to serve.
People are at the heart of everything TMR strives to undertake and without this incredible support,
members of the wider community would be left without a credible and respected organization to
amplify their fears, wonies concerns, and frustrations when engaging with the wider health and
social care agenda through the effective implementation of mentoring,
Sean Newton
TMR Chairnian.

THE MENTOR RING LTD
TRUSTEES REPORT (CONTINUED)
FOR THE YEAR ENDED 31ST MARCH 2024
RESPONSIBILITIES OF TRUSTEES
The trustees (who are also the directors of The Mentor Ring Ltd for the purposes of company law)
are responsible for preparing the Trustees Annual Report and the financial statements in accordance
with applicable law and the United Kingdom Accounting Standards (United Kingdom Generally
Accepted Practice).
Company law requires the trustees to prepare financial statements for each financial year which
give a true and fair view of the state of affairs of the charitable company and of the incoming
resources and application of resources, including the income and expenditure, of the charitable
company for that period. In preparing these financial statements, the trustees are required to:
Select suitable accounting policies and then apply them consistently.
Observe the methods and principles in the Charities SORP;
Make judgements and estimates that are reasonable and prudent.
State whether applicable UK Accounting Standards have been followed, subject to any material
departures disclosed and explained in the financial statements.
Prepare the financial statements on the going concern basis unless it is inappropriate to presume
that the charitable company will continue in operation.
The trustees are responsible for keeping proper accounting records that disclose with reasonable
accuracy at any time the financial position of the charitable company and enable them to ensure that
the financial statements comply with the Companies Act 1985. The trustees are also responsible
for safeguarding the assets of the charitable company and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities.
INDEPENDENT EXAMINER
A resolution to appoint Gordon Down & Company Limited as independent examiner for the ensuing
year i¥ill be proposed at the Annual Governance Meeting.
DECLARATION
This report was approved by the board on
Signed on behalf of the charity, s trustees
Mrs Sujatha Thaladi- Company Secretary

THE MENTOR RING LTD
INDEPENDENT EXAMINERS REPORT
TO THE TRUSTEES OF THE MENTOR RING LTD
I report on the accounts of the charity for the year ended 31" March 2024 set out on pages 4 to 9.
Respective Responsibilities of Trustees and Examiner
The charity's trustees (who are also directors of the company for the purpose of company law) are responsible for the
preparation of the accounts. The charity's trustees consider that an audit is not requii'ed for this period under section 144(2)
of the Charities Act 201 l and that an independent examination is needed. The Charity is required by law to prepare accrued
accounts and l am qualified to undertake the examination by being a qualified member of the Institute of Chartered
Accountants in England & Wales.
Having satisfied rnyself that the charity is not subject to audit under coinpany law and is eligible for independent
examination, it is my responsibility to..
examine the accounts under section 145 of the 201 l Act;
to follow th¢ procedures laid down in ihe General Directions given by the Charity Commission (under section
145<5) b ofthe 2011 Act), and.
to state whether particular matters have come to my attention.
Basis of Independent Examiners Report
My examination was carried out in accordance with the General Directions given by the Charity Cominission. An
examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented
with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking
explanations from you as trustees concerningany such matters. The procedures undertaken do not provide all the evidence
that would be required in an audit. and consequently I do not express an audit opinion on whether the accounts present a
'true and fair view,.
Independent Examiners Statement
In connection with my examination, no Matter has come to my attention..
which gives me reasonable cause to believe that in any material respect the trustees have not met the requirements
to ensure that..
proper accounting records are kept in accordance with section 386 of the Companies Act 2006, and.
accounts are prepared which agree with the accounting records, comply with the accounting requirements of
section 396 of the Companies Act 2006 and with the methods and principles of the Slatement of
Recommended Practice.. Accounting and Reporting by Charities (revised 2005).
or:
to which, in my opinion. attention should be drawn in order to enable a proper understanding of the accounts to
be reached.
(2)
Signed
Date
ULF
L.S.Cohen FCA
Independent ExAminer
Gordon Down & Company
Aecountants
Temple Court
13A Cathedral Road
Cardiff CFII 9HA

THE MENTOR RING LTD
STATEMENT OF FINANCIAL ACTIVITIES (incorporating the income and expenditure accountl
FOR THE YEAR ENDED 31ST MARCH 2024
Unrestricted
R8strict8d
Total
Totsl
Note
Fund5
Fund$
2024
2013
Incoming Resource8
Voluntary Income
10,767
51,657
62,424
114,348
Totsl Incomlng Resources
10,767
51,657
62,424
114,348
Resources Expended
Governan¢a Costs
690
690
690
Charitable Activities
15,881
83,419
99,300
103.624
Total Resource8 Expended
18,571
83,419
99,990
104,314
N•t loutgolnglllnGomlng resources for the y8ar
and nèt Incom91laxpendlturel for the year
-5,804
-31,762
-37,566
10,034
Funds brought forward
16,830
56,697
73,527
63,493
Funds carrled forward
11.026
24,935
35,961
73,S27

THE MENTOR RING LTD
BALANCE SHEET
AS AT 31ST MARCH 2024
Note
2024
2023
Curront Assets
Other Debtors
Cash at Bank
43,815
80,080
43,815
80,080
Credltors: Amounts falllng du6 wlthin one year
7,854
6.553
Net Current Assets
35.961
73.527
Total Assets less Currant Llabllltl•8
35,961
73.527
Net Assets
35,961
73,527
Funds
General Unrestricted Funds
11.026
16,830
Re$lri¢ted Funds
24.93S
56.697
35,961
73,527

THE MENTOR RING LTD
BALANCE SHEET (CONTINUED)
AS AT 31ST MARCH 2024
The tiustees are satisfied that the company is entitled to exemption from the requirement to obtain an audit linder section
477 of the Companies Act 2006 and that members have not reqiiired the company to obtain an audit in accordance with
section 476 of the Act.
The directors acknowledge their responsibilities for coinplying with the requirements of the Companies Act 2006 with
respect to accounting records and the preparation of accoiints.
The financial statements have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006
applicable to companies subject to the small companies, regime.
These financial statements are approved by the trustees on
2g
And are signed on their behalf by:
Sean Newton
TMR Chairman.
The notes on pages 7 to I I form an integral part of these financial statements.

THE MENTOR RING LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024
l Accounting policies
Basis of accounting - The financial statements have been prepared under the historical cost convention and in
accordance with FRS 102, The Financial Reporting Standards applicable in the UK and Republic of Ireland (as
applied to small entities by section l A of the standard).
Cash flow statement - The directors have laken advantage of the exemplion in Financial Reporting Standard
No. I from including a cashflow slatemenl on the grounds thai the company is small.
Incoming resources- All incoming resources are recognised when receivable and when all conditions for receipt
have bccn met. No expenditure has been netted off incoming resources in the Statement of Financial Activities.
Resources expended - costs of activities in furtherance of the charity's objects represent those costs incurred
directly in connection with charitable activities. Management and administration costs comprise costs associated
with managing and administering the charity and include an appropriate apportionment of overheads.
Funds slruclure - Unrestricted funds are those available for general use by the charity. Designated funds are
unrestricted funds which have been set aside by the Trustees t.or specific PULyoses. Restricted funds are those
where the donor has imposed restrictions on their use.

THE MENTOR RING LTD
NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI
FOR THE YEAR ENDED 31ST MARCH 2024
2 Incomlng Rgsources
Unrg$trlct•d
Restricted
Total
Total
Funds
Funds
2024
2023
Voluntary Incoffle
Grants and Donations
The National lottery
Welsh Govemmenl
19,750
19,750
4,000
4,000
AllenLane Foundation T262
4,085
4,085
C3SC
5,000
5,000
5,000
Race Councll Cyrmu - Global Majoity Fundlng
Glamorgan Voluntary GVS Granl
THE MARY HOMFRAY CHARITABLE TRUST
3,309
5,000
1,500
6,984
1,500
Cardiff Council
e,984
2,000
Ma50nic Benovelenl Fund South Wales
1,000
The Nats'onal lottery- Awards For All Wales fJueens-SAHM
Poslcode Cornmunity
9,850
24,840
3,0011
Maklng A Dlffergncg Locally
UK Glve Locally
WCVA- Third Sector Resilience Fund
1,500
48,859
4,996
C3SG . Comic Relief
The Foyle Foundation
Tho True Colours TCT1924
5,000
3,500
3,500
Mayor ol London- TNL Community fund
Hgdlgy FoundalSon
The Prfncg ofwales Charitable FundlKCCF
1,450
1,450
1,000
1.000
1,500
1.500
Garfeld Weston Foundation
10,000
10,000
Neighbourly Ltd Glving
Cardbff and V810
1,000
1,500
Woodland Trust
750
750
700
Groundwork
500
Race Councll Cymw- Wlndrush Grant
Aurav Oisha -50047
2,000
2.000
300
10,000
51.519
64,828
111,045
Othèr Grants and Donatlons
Other Dc?nalions
767
138
905
303
767
138
905
303
Total Incomlng Rasources
10.Y87
51.657
85,733
111,348

THE MENTOR RING LTD
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 31ST MARCH 2024
3 Re50ur¢•$ Expended
Unrg$trlcted
Re5tr1cted
Total
Total
Funds
Funds
2024
2023
Gov8rnance Costs
Professional Fee5
690
690
690
Total Governance Costs
690
690
690
Cost of Charltablo A¢tivitl•s
Managemont and Administratlon Costs
Stafllng Costs
Salarfgs
64,037
84,037
61,022
Penslons
3.809
3,809
4,738
Sessional Staff
2,129
2.129
Travel and SubsSs1on¢
601
601
601
69,974
70,575
65,760
Premlses Co8tB
Rent and hire ol ground
Insurance
4,274
4,274
4,486
474
474
469
Tolgphone and Fax
880
880
650
5,628
5,628
5,585
General Admlnlstratlvg Exp8n8os
Office Costs and Projecl Costs
Software and IT Support
Advertising and PR
Subscriptions
Other professional and consutsncy lees
Staff Tralnlng and Welfare
13
12,689
12,682
16,345
447
447
4,291
328
328
1,700
453
453
70
9,188
9,188
4.025
20
9,853
13,445
23,098
26.451
Othgr Exponses
Expensed Equipment
609
609
Co$t of Generating Voluntary Income
Other Direct Costs
5,220
5,220
Total Cost of ChaTitabl• Actlvlllos
15,881
83,419
99,301
103,625
Total Resources Exp•nded
16571
83419
99,991
104.315
io

THE MENTOR RING LTD
NOTES TO THE FINANCIAL STATEMENTS
ICONTINUEDI
FOR THE YEAR ENDED 31ST MARCH 2024
4 Credltorg: Amounts falllng dug wlthln on• y•ar
2024
2023
Accruals
690
690
Pensions
300
300
Pay&
8,863
5,563
7,853
8,553
5 Paym•nts to Trustees
No Iruslgo r&cgived any remuneration from the Gharily during the year.
6 Analy81$ of Not A$$•ts B•twoon Funds
Not Current
A$8trts
Total
Unrestrlcled Fundg
11,025
11,025
Reslrfcled Funds
24,935
24,935
35,960
35,960
7 Fund 8alanca8
8alan¢as
at
3110312023
16,830
Balanc08
Mov•ment
ot 3110312024
Unreslricled Funds
.5,804
11,026
Reslrieled Funds
56,897
-31,762
24,935
Total Chartly Fund8
73,527
-37,56
35,961