**COMPANY REGISTRATION NUMBER: CE008705 CHARITY REGISTRATION NUMBER: 1169026** ## **MENTOR LINK** ## **COMPANY LIMITED BY GUARANTEE** ## **UNAUDITED FINANCIAL STATEMENTS** **FOR THE YEAR ENDED** **30 NOVEMBER 2023** ## **LANGARD LIFFORD HALL LIMITED** Accountants and Registered Auditors Lifford Hall Lifford Lane Kings Norton Birmingham B30 3JN ## **MENTOR LINK** ## **COMPANY LIMITED BY GUARANTEE** ## **FINANCIAL STATEMENTS** ## **YEAR ENDED 30 NOVEMBER 2023** ||**Page**| |---|---| |Trustees' annual report (incorporating the director's report)|**1**| |Independent examiner's report to the trustees|**5**| |Statement of financial activities (including income and expenditure|| |account)|**6**| |Statement of financial position|**7**| |Notes to the financial statements|**8**| |**The following pages do not form part of the financial statements**|| |Detailed statement of financial activities|**17**| **17** **1** # **MENTOR LINK** # **COMPANY LIMITED BY GUARANTEE** ## **TRUSTEES' ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORT)** ## **YEAR ENDED 30 NOVEMBER 2023** The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 30 November 2023. ## **Reference and administrative details** **Registered charity name** Mentor Link **Charity registration number** 1169026 **Company registration number** CE008705 **Principal office and registered** First Foor **office** Forum House Anchor Drive Stourport on Severn Worcestershire DY13 9BZ **The trustees** A Pollock (Appointed 16 March 2023) K Rogers S Conway (Resigned 10 November 2023) J Brown D Seddon OBE M Stebbings (Resigned 31 March 2023) **Independent examiner** D J Hanby (Senior Statutory Auditor) Independent Examiner Langard Lifford Hall Limited Lifford Hall Lifford Lane Kings Norton Birmingham B30 3JN **2** ## **MENTOR LINK** ## **COMPANY LIMITED BY GUARANTEE** ## **TRUSTEES' ANNUAL REPORT (INCORPORATING THE DIRECTOR'S** **REPORT)** _**(continued)**_ ## **YEAR ENDED 30 NOVEMBER 2023** ## **Structure, governance and management** The charitable incorporated organisation was incorporated on 2 September 2016, under it's Articles of Association dated 2 September 2016. On 1 December 2016, the activities, assets and liabilities of Mentor Link, charity number 1106171, were transferred to the charitable incorporated organisation. ## **Constitution, Policies and Objectives** Mentor Link is constituted as a charitable incorporated organisation under it's Articles of Association dated 2 September 2016. Its objectives are as follows: - To advance the education of those young people in the West Midlands (Region) who are disengaged or at risk of disengaging themselves from the community and mainstream education. In particular but not exclusively by provision of a mentoring, training and development and talking therapies services for the young people and their families with the aim of re-engaging young people back into their learning so that they are better able to identify and meet their needs, participate more fully in society and make a successful transition to adulthood. ## **Method and Appointment or Election to the Executive Committee** Mentor Link shall elect a President, such Vice Presidents as shall be approved by the Executive Committee, a Chairperson who will preside at the meetings of the Executive Committee and an Honorary Treasurer. **Policies Adopted for the Induction and Training of Members of the Executive Committee** - Members of the Executive Committee are generally professional or business people. However, appropriate training will be offered to any member who would benefit from this kind of support in helping them play a full part as a member of the Executive Committee. ## **Objectives and activities** ## **Strategies for Achieving Objectives** The Executive Committee and its Steering Group meet on a regular basis to ensure the objectives are being met. The day to day running of Mentor Link is in the hands of the CEO. ## **Activities for Achieving Objectives** Fund raising events are ongoing. Existing and potential new sources of donations are contacted regularly with the assistance of members appointed by the Executive Committee. **3** ## **MENTOR LINK** ## **COMPANY LIMITED BY GUARANTEE** ## **TRUSTEES' ANNUAL REPORT (INCORPORATING THE DIRECTOR'S** ## **REPORT)** _**(continued)**_ ## **YEAR ENDED 30 NOVEMBER 2023** ## **Achievements and performance** ## **Review of Activities** Mentor link’s goal throughout 2023 has been to increase our services to children and young people back to pre-pandemic levels. ## **A. Key highlights for the year** - Securing the new more professional offices and placing advertising banners so being more visible to the passing traffic on Worcester Road. - We have increased our activity on Facebook and social media by posting regular articles asking for volunteers and support - We are now expanding our services to new areas of Herefordshire and working with a care agency in Ross on Wye supporting a number of Looked After Children. - The charity is now working in partnership with the Educational Psychology team who provide regular training on therapeutic techniques to our staff and volunteers. - We now have recruited two new Trustees Dr Helen Chaplin who is EP for Worcestershire Children First WCC and Marcus Hart Deputy Leader of Worcester County Council who will come on board following our AGM in March 2024. ## **B. Major achievements and challenges** - Securing new accommodation for the charity and the move from our old offices in Lombard Street to our new ones in Anchor Drive. - Our volunteer Recruiters and staff have faced significant challenges in recruiting dedicated volunteer mentors in new areas of Herefordshire and we are now paying for local advertising. - • In addition, some volunteers are not coming on board once they are trained which presents challenges for the supply and demand of our service. ## **C. Growth YoY** The charity has seen growth across 3 key deliverables in 2021 to 2023 - 56% increase in Volunteers - 91% increase in Children supported - 46% increase in schools partnered with This is testament to the hard work and dedication of the staff and volunteers and a very positive indicator that we are on track to deliver pre covid levels of service. This year the charity has been kindly supported by Garfield Weston, Children in Need, Swire Charitable Trust, William Addlington Cadbury, St James Place, Awards for All, Worcestershire Community Foundation, Eveson Trust, Norton Foundation, Herefordshire Community Foundation, Hopmarket, Spectris and Field Family Trust. ## **Investment and Performance** The constitution authorises the Executive Committee to make and hold investments at their discretion. MENTOR LINK COMPANY LIMrrED BY GuARA￿rEE TRUSTEES, ANNUAL REPORT (INCORPORATING THE DIREcfoR'S REPORT) Ic(pniiffHtdJ YEAR ENDED 30 NOVEMBER 2018 Factors Relevant to Athieve Objectives It is important to niaintain reIationships with SoUr￿S of funding and donors as well as matntsining Mentoi Link's 8[￿ reputation and standins in the wider coJJ)munity. Financial review The charity has had a positive year with a sutplu8 of Q.076. Tight controls have been kept on expendibjre to keep the losses ag low as Po￿lbIe and to allow the trustees to dIr￿t as much income as p¢Mible to our one io one n￿￿tOrI1)g Servi￿. Reserves Pollcy The Executive Committee decided to set aside £817(n in reserves which is held in our Nationwide account. The Trustees have updated theirIe5erves policy. incipal Funding Principal futdtng cornes from our charikble activities. Plans for the future The trustees plan to continue the gEryices into next year. Future Developments Since the end of the Ein8ncial year. the Executive CoJnJJLitte has continued to raise throll applications to 8fdntEunders and obtain 5UPPOrt from I￿al bustr￿se$. Small company provi￿OnS This report has L*en Prepared in accordarnr with the provisions applicable to companies entitled to the small compantÈ5 exemptio The tru5tee5' annual report was approved on 14 March 2024 and siwd on i*haIf of the board of Trnstees by: J Brown Trnstee MENfoR LINK COMPANY LIMTfED BY GUARANfEE INDEPENDEwf EXAMINER'S REPORT TO THE TRUSTEES OF MENTOR LINK YEAR ENDED 30 NOVEMBER 2023 I reFK)rt to the trustees on my examination of the finan￿ statements of Mentor Link ('the charity,) for the year ended 30 NovemEEr 2023. Respon8ibilities and basis of report As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financ￿ statements in aCCordar￿e with the requirements of the Companies Act 20(￿ I'the 20(b ACV). Having satisfied myself that the accounts of the company are not required kn) be audtted under Part 16 of the 20(Ki Act and are eligible for independent examination, I report in respect of my examination of the charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Acg). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 ACL Independent exanwier's statement I have compleled my examinatio￿ I confirni that no matters have come to my attention Tn connection with the exami￿tion giving me cause to Eelievw. accounting recwds were not kept in reSI￿rt of the charity as required by section 386 of the 2006 ACL. or the financial statements do not accord with those records: or the financial statements do not comply WAth the accounting requirements of section 396 of the 2(I16 Act other than any requirement that the accounts give a'true and lair, view which is not a matter considered as part of an independent exaniination; or the financial statements have not been prepared in accordance with the methods and principles of the Statell￿nt of Recommended Practi￿ for accollnting and reporttng by charities applicable to charities preparing their accounts in accordan￿ with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concerns and have come across no other matters in comiection with the examinatÈon to which attention should ￿ drawn in this TeFK)rt in order to enable a proper understanding of the accounts to be reached. DJHan (Senior Statutory Auditor) Independent Examiner Langard Lifford Hall Limited Lifford Hall lifford Lane Kings Norton Birmingham B30 3JN 14 March 2024 **6** ## **MENTOR LINK** ## **COMPANY LIMITED BY GUARANTEE** ## **STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT)** ## **YEAR ENDED 30 NOVEMBER 2023** ||||**2023**||2022| |---|---|---|---|---|---| |||Unrestricted|Restricted||| |||funds|funds|**Total funds**|Total funds| ||**Note**|**£**|**£**|**£**|£| |**Income and endowments**|||||| |Donations and legacies|**5**|43,497|73,934|117,432|93,242| |Incoming Resources from Charitable|||||| |activities|**6**|64,988|–|64,987|60,823| |Fundraising Income|**7**|2,069|–|2,069|1,998| |Investment income|**8**|2,868|–|2,868|521| |||------------------------------------------|------------------------------------------|------------------------------------------|------------------------------------------| |**Total income**||113,422|73,934|187,356|156,584| |||==========================================|==========================================|==========================================|==========================================| |**Expenditure**|||||| |Expenditure on raising funds:|||||| |Fundraising Costs|**9**|498|–|498|522| |Expenditure on charitable|||||| |activities|**10,11**|157,718|12,344|183,782|146,837| |||------------------------------------------|------------------------------------------|------------------------------------------|------------------------------------------| |**Total expenditure**||158,216|12,344|184,280|147,359| |||==========================================|==========================================|==========================================|==========================================| |||------------------------------------------|------------------------------------------|------------------------------------------|------------------------------------------| |**Net income and net movement in funds**||(44,794)|61,590|3,076|9,225| |||==========================================|==========================================|==========================================|==========================================| |**Reconciliation of funds**|||||| |Total funds brought forward||80,732|59,842|140,574|131,349| |||------------------------------------------|------------------------------------------|------------------------------------------|------------------------------------------| |**Total funds carried forward**||35,938|121,432|157,370|140,574| |||==========================================|==========================================|==========================================|==========================================| The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. **The notes on pages 8 to 16 form part of these financial statements.** MEwfoR LINK COMPANY LIMtfED BY GUARAKfEE STATEMENf OF FINANCIAL POStTION 30 NOVEMBER 2018 Note Fixed assets Tangible fixed assets 16 1186 1914 Current asyets Debtors Cash at bank and in haThd 17 4,178 169,192 21r1245 214￿ ITJ370 Creaitors: amountsfalling due within one year Net current a85ets 18 TJ056 35.no 141364 137,66ti Total assets lesg eurrent liabilities I40￿74 Net assets 143,650 140,574 Fund5 of the chazity Restricted funds Unrestricted funds 121A32 35,938 59,842 80.732 Total charity funds IY/J70 140574 For the year ending 30 Novanber 2(123 the charity was entitted to exemption from audit under section 477 01 the Companies Act 2tKkn relating to small companie8. Directo￿, resporLsibilities: The members have not required the company to obtain aLI audit of its financial $talemeThts for the year in question in ace0rdau￿ with SLftion 476,. The directors aeknowledge their Tr5P0￿9￿bI1itieS for complying with the requirements of the Act with respect to accounting record5 and the preparation OE financial statements. These finaneial stsiements have been prepared in accordance with the provisiorLS applicable to companies subiert to the small conu)anies' regime. These financial statements were approved by the bcmrd of Trustees and authorised for issue on 14 Nlarth 2(r2£ and are si8Thed on behalfof the iK)ard by: J Brc)wn Trustee The notss on pages 8 to 16 forni part of these financial statements. **8** ## **MENTOR LINK** ## **COMPANY LIMITED BY GUARANTEE** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **YEAR ENDED 30 NOVEMBER 2023** ## **1. General information** The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is First Foor, Forum House, Anchor Drive, Stourport on Severn, Worcestershire, DY13 9BZ. ## **2. Statement of compliance** These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006. ## **3. Accounting policies** ## **Basis of preparation** The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure. The financial statements are prepared in sterling, which is the functional currency of the entity. ## **Going concern** There are no material uncertainties about the charity's ability to continue. ## **Judgements and key sources of estimation uncertainty** The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. ## **Fund accounting** Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds. **9** ## **MENTOR LINK** ## **COMPANY LIMITED BY GUARANTEE** ## **NOTES TO THE FINANCIAL STATEMENTS** _**(continued)**_ ## **YEAR ENDED 30 NOVEMBER 2023** ## **3. Accounting policies** _**(continued)**_ ## **Incoming resources** All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: - income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. - legacy income is recognised when receipt is probable and entitlement is established. - income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. - income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted. ## **Resources expended** Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates: - expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods. - expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. - other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities. All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis. **10** ## **MENTOR LINK** ## **COMPANY LIMITED BY GUARANTEE** ## **NOTES TO THE FINANCIAL STATEMENTS** _**(continued)**_ ## **YEAR ENDED 30 NOVEMBER 2023** ## **3. Accounting policies** _**(continued)**_ ## **Tangible assets** Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. ## **Depreciation** Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: Fixtures, fittings and equipment - 25% reducing balance ## **Impairment of fixed assets** A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. ## **Financial instruments** Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. ## **Defined contribution plans** Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises. ## **4. Charitable incorporated organisation** The Company is a Limited Liability Charitable Incorporated Organisation and is registered as a Charity (Registered Number 1169026). The members of the company are the Directors. **11** ## **MENTOR LINK** ## **COMPANY LIMITED BY GUARANTEE** ## **NOTES TO THE FINANCIAL STATEMENTS** _**(continued)**_ ## **YEAR ENDED 30 NOVEMBER 2023** |**5.**|**Donations and legacies**|||| |---|---|---|---|---| |||Unrestricted|Restricted|**Total Funds**| |||Funds|Funds|**2023**| |||£|£|**£**| ||**Donations**|||| ||Donations|43,497|–|43,497| ||**Grants**|||| ||Hopmarket Charitable Trust|–|5,850|5,850| ||The Pixel Fund|–|–|–| ||Field Family Trust|–|–|–| ||Anton Jurgens Charitable Trust|–|–|–| ||Little Lives Grants|–|–|–| ||High Sheriff|–|833|833| ||Comic Relief|–|4,580|4,580| ||Eveson Charitable Trust|–|500|500| ||Baron Davenport|–|1,000|1,000| ||Awards For All|–|7,947|7,947| ||Swire Charitable Trust|–|10,000|10,000| ||St James Place|–|905|905| ||Albert Hunt Charitable Trust|–|1,000|1,000| ||Norton Foundation|–|3,333|3,333| ||Garfield Weston|–|17,500|17,500| ||Masonic Charitable Foundation|–|20,486|20,487| |||------------------------------------------|------------------------------------------|------------------------------------------| |||43,497|73,934|117,432| |||==========================================|==========================================|==========================================| |||Unrestricted|Restricted|Total Funds| |||Funds|Funds|2022| |||£|£|£| ||**Donations**|||| ||Donations|34,620|–|34,620| ||**Grants**|||| ||Hopmarket Charitable Trust|–|3,650|3,650| ||The Pixel Fund|–|3,300|3,300| ||Field Family Trust|–|3,000|3,000| ||Anton Jurgens Charitable Trust|–|4,800|4,800| ||Little Lives Grants|–|1,500|1,500| ||High Sheriff|–|1,667|1,667| ||Comic Relief|–|398|398| ||Eveson Charitable Trust|–|5,500|5,500| ||Baron Davenport|–|–|–| ||Awards For All|–|8,890|8,890| ||Swire Charitable Trust|–|6,500|6,500| ||St James Place|–|9,200|9,200| ||Albert Hunt Charitable Trust|–|1,000|1,000| ||Norton Foundation|–|1,667|1,667| ||Garfield Weston|–|2,500|2,500| ||Masonic Charitable Foundation|–|5,049|5,050| |||------------------------------------------|------------------------------------------|------------------------------------------| |||34,620|58,621|93,242| |||==========================================|==========================================|==========================================| **12** ## **MENTOR LINK** ## **COMPANY LIMITED BY GUARANTEE** ## **NOTES TO THE FINANCIAL STATEMENTS** _**(continued)**_ ## **YEAR ENDED 30 NOVEMBER 2023** ## **6. Incoming resources from charitable activities** ||Unrestricted|**Total Funds**|Unrestricted|Total Funds| |---|---|---|---|---| ||Funds|**2023**|Funds|2022| ||£|**£**|£|£| |Income from schools|64,988|64,987|60,826|60,823| ||==========================================|==========================================|==========================================|==========================================| |**7.**|**Fundraising income**||||| |---|---|---|---|---|---| |||Unrestricted|**Total Funds**|Unrestricted|Total Funds| |||Funds|**2023**|Funds|2022| |||£|**£**|£|£| ||Fundraising|557|557|589|589| ||Fundraising: 100 Club|1,512|1,512|1,409|1,409| |||------------------------------------------|------------------------------------------|------------------------------------------|------------------------------------------| |||2,069|2,069|1,998|1,998| |||==========================================|==========================================|==========================================|==========================================| |**8.**|**Investment income**||||| |||Unrestricted|**Total Funds**|Unrestricted|Total Funds| |||Funds|**2023**|Funds|2022| |||£|**£**|£|£| ||Bank interest receivable|2,868|2,868|521|521| |||==========================================|==========================================|==========================================|==========================================| |**9.**|**Fundraising costs**||||| |||Unrestricted|**Total Funds**|Unrestricted|Total Funds| |||Funds|**2023**|Funds|2022| |||£|**£**|£|£| |||498|498|522|522| |||==========================================|==========================================|==========================================|==========================================| |**10.**|**Expenditure on charitable activities by fund type**||||| ||||Unrestricted|Restricted|**Total Funds**| ||||Funds|Funds|**2023**| ||||£|£|**£**| ||Mentoring||112,015|10,023|135,758| ||Support costs||45,703|2,321|48,024| ||||------------------------------------------|------------------------------------------|------------------------------------------| ||||157,718|12,344|183,782| ||||==========================================|==========================================|==========================================| ||||Unrestricted|Restricted|Total Funds| ||||Funds|Funds|2022| ||||£|£|£| ||Mentoring||44,131|56,798|100,928| ||Support costs||42,389|3,521|45,909| ||||------------------------------------------|------------------------------------------|------------------------------------------| ||||86,520|60,319|146,837| ||||==========================================|==========================================|==========================================| **13** ## **MENTOR LINK** ## **COMPANY LIMITED BY GUARANTEE** ## **NOTES TO THE FINANCIAL STATEMENTS** _**(continued)**_ ## **YEAR ENDED 30 NOVEMBER 2023** ## **11. Expenditure on charitable activities by activity type** ||Activities|||| |---|---|---|---|---| ||undertaken|Support|**Total funds**|Total fund| ||directly|costs|**2023**|2022| ||£|£|**£**|£| |Mentoring|135,758|48,024|183,782|146,837| ||==========================================|==========================================|==========================================|==========================================| ## **12. Net income** Net income is stated after charging/(crediting): ||**2023**|2022| |---|---|---| ||**£**|£| |Depreciation of tangible fixed assets|728|971| ||==========================================|==========================================| |**Independent examination fees**||| ||**2023**|2022| ||**£**|£| |Fees payable to the independent examiner for:||| |Independent examination of the financial statements|600
==========================================|600
==========================================| ## **13. Independent examination fees** ## **14. Staff costs** The total staff costs and employee benefits for the reporting period are analysed as follows: ||**2023**|2022| |---|---|---| ||**£**|£| |Wages and salaries|125,476|113,020| |Social security costs|3,346|2,841| |Employer contributions to pension plans|2,282|1,638| ||------------------------------------------|------------------------------------------| ||131,104|117,499| ||==========================================|==========================================| The average head count of employees during the year was 15 (2022: 14). The average number of full-time equivalent employees during the year is analysed as follows: ||**2023**|2022| |---|---|---| ||**No.**|No.| |Administration|6|6| |Management|1|1| ||------------------------------------------|------------------------------------------| ||7|7| ||==========================================|==========================================| No employee received employee benefits of more than £60,000 during the year (2022: Nil). **14** ## **MENTOR LINK** ## **COMPANY LIMITED BY GUARANTEE** ## **NOTES TO THE FINANCIAL STATEMENTS** _**(continued)**_ ## **YEAR ENDED 30 NOVEMBER 2023** ## **15. Trustee remuneration and expenses** During the year no trustees received remuneration in respect of their trustees duties. During the year a salary was paid to A Maddocks of £42,357 (2022: £40,167) in respect of her managerial role of running Mentor Link. During the year travel expenses of £Nil (2022: £Nil) were reimbursed to trustees. ## **16. Tangible fixed assets** |**16.**|**Tangible fixed assets**||| |---|---|---|---| ||||**Fixtures and**| ||||**fittings**| ||||**£**| ||**Cost**||| ||**At 1 December 2022 and 30 November 2023**||13,159| ||||==========================================| ||**Depreciation**||| ||At 1 December 2022||10,245| ||Charge for the year||728| ||||------------------------------------------| ||**At 30 November 2023**||10,973| ||||==========================================| ||**Carrying amount**||| ||**At 30 November 2023**||2,186| ||||==========================================| ||At 30 November 2022||2,914| ||||==========================================| |**17.**|**Debtors**||| |||**2023**|2022| |||**£**|£| ||Trade debtors|11,598|3,562| ||Prepayments and accrued income|677|616| |||------------------------------------------|------------------------------------------| |||12,275|4,178| |||==========================================|==========================================| |**18.**|**Creditors:** **amounts falling due within one year**||| |||**2023**|2022| |||**£**|£| ||Accruals and deferred income|68,653|31,213| ||Other creditors|4,403|4,497| |||------------------------------------------|------------------------------------------| |||73,056|35,710| |||==========================================|==========================================| **15** ## **MENTOR LINK** ## **COMPANY LIMITED BY GUARANTEE** ## **NOTES TO THE FINANCIAL STATEMENTS** _**(continued)**_ ## **YEAR ENDED 30 NOVEMBER 2023** ## **19. Pensions and other post retirement benefits** ## **Defined contribution plans** The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £2,282 (2022: £1,638). ## **20. Analysis of charitable funds** ## **Unrestricted funds** |**Unrestricted funds**|||||| |---|---|---|---|---|---| |||At|||**At**| ||1|Dec 2022|Income|Expenditure|**30 Nov 2023**| |||£|£|£|£| |General funds||80,732|113,422|(158,216)|35,938| |||==========================================|==========================================|==========================================|==========================================| |||At|||At| ||1|Dec 2021|Income|Expenditure|30 Nov 2022| |||£|£|£|£| |General funds||69,809
==========================================|97,965
==========================================|(87,042)
==========================================|80,732
==========================================| ## **Restricted funds** |**Restricted funds**|||||| |---|---|---|---|---|---| |||At|||**At**| ||1|Dec 2022|Income|Expenditure|**30 Nov 2023**| |||£|£|£|£| |Salaries, volunteer expenses and|||||| |running costs||59,842|73,934|(12,344)|121,432| |||==========================================|==========================================|==========================================|==========================================| |||At|||At| ||1|Dec 2021|Income|Expenditure|30 Nov 2022| |||£|£|£|£| |Salaries, volunteer expenses and|||||| |running costs||61,540
==========================================|58,621
==========================================|(60,319)
==========================================|59,842
==========================================| **16** ## **MENTOR LINK** ## **COMPANY LIMITED BY GUARANTEE** ## **NOTES TO THE FINANCIAL STATEMENTS** _**(continued)**_ ## **YEAR ENDED 30 NOVEMBER 2023** ## **21. Analysis of net assets between funds** |**Analysis of net assets between funds**|||| |---|---|---|---| ||Unrestricted|Restricted|**Total Funds**| ||Funds|Funds|**2023**| ||£|£|**£**| |Tangible fixed assets|2,185|–|2,185| |Current assets|288,927|–|288,927| |Creditors less than 1 year|(5,352)|(18,795)|(24,147)| ||------------------------------------------|------------------------------------------|------------------------------------------| |**Net assets**|285,760|(18,795)|266,965| ||==========================================|==========================================|==========================================| ||Unrestricted|Restricted|Total Funds| ||Funds|Funds|2022| ||£|£|£| |Tangible fixed assets|2,914|–|2,914| |Current assets|173,370|–|173,370| |Creditors less than 1 year|(21,430)|(1,000)|(22,430)| ||------------------------------------------|------------------------------------------|------------------------------------------| |**Net assets**|154,854
==========================================|(1,000)
==========================================|153,854
==========================================| **17** ## **MENTOR LINK** ## **COMPANY LIMITED BY GUARANTEE** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES** ## **YEAR ENDED 30 NOVEMBER 2023** ||**2023**|2022| |---|---|---| ||**£**|£| |**Income and endowments**||| |**Donations and legacies**||| |Donations|43,497|34,620| |Hopmarket Charitable Trust|5,850|3,650| |The Pixel Fund|–|3,300| |Field Family Trust|–|3,000| |Anton Jurgens Charitable Trust|–|4,800| |Little Lives Grants|–|1,500| |High Sheriff|833|1,667| |Comic Relief|4,580|398| |Eveson Charitable Trust|500|5,500| |Baron Davenport|1,000|–| |Awards For All|7,947|8,890| |Swire Charitable Trust|10,000|6,500| |St James Place|905|9,200| |Albert Hunt Charitable Trust|1,000|1,000| |Norton Foundation|3,333|1,667| |Garfield Weston|17,500|2,500| |Masonic Charitable Foundation|–|2,500| |Woodward Charitable Trust|–|1,250| |Worcester Round Table|–|1,300| |Joanies Fund|1,070|–| |William Addlington Cadbury|1,500|–| |Worcestershire Community Foundation|3,000|–| |Heart of England|2,000|–| |Austin Hope Pilkington|250|–| |Tewkesbury Borough Council|750|–| |Turner Trust|667|–| |Children in Need|11,250|–| ||------------------------------------------|------------------------------------------| ||117,432|93,242| ||------------------------------------------|------------------------------------------| **18** ## **MENTOR LINK** ## **COMPANY LIMITED BY GUARANTEE** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES** _**(continued)**_ ## **YEAR ENDED 30 NOVEMBER 2023** ||**2023**|2022| |---|---|---| ||**£**|£| |**Incoming Resources from Charitable activities**||| |Income from schools|64,987|60,823| ||------------------------------------------|------------------------------------------| |**Fundraising Income**||| |Fundraising|557|589| |Fundraising: 100 Club|1,512|1,409| ||------------------------------------------|------------------------------------------| ||2,069|1,998| ||------------------------------------------|------------------------------------------| |**Investment income**||| |Bank interest receivable|2,868|521| ||------------------------------------------|------------------------------------------| ||------------------------------------------|------------------------------------------| |**Total income**|187,356|156,584| ||==========================================|==========================================| |**Expenditure**||| |**Fundraising Costs**||| |100 Club|498|522| ||------------------------------------------|------------------------------------------| |**Expenditure on charitable activities**||| |Wages and salaries|125,476|113,020| |Employer's NIC|3,346|2,841| |Pension costs|2,282|1,638| |Rent|27,921|7,631| |Rates and water|–|206| |Light and heat|2,908|2,243| |Repairs and maintenance|151|789| |Insurance|940|1,265| |Motor vehicle expenses|5,090|4,844| |Legal and professional fees|5,304|1,680| |Telephone|2,468|2,019| |Other office costs|1,124|2,905| |Depreciation|728|971| |Recruitment and training|932|961| |Printing and advertising|40|149| |Miscellaneous|5,072|3,620| |Room hire|–|55| ||------------------------------------------|------------------------------------------| ||183,782|146,837| ||------------------------------------------|------------------------------------------| ||------------------------------------------|------------------------------------------| |**Total expenditure**|184,280|147,359| ||==========================================|==========================================| ||------------------------------------------|------------------------------------------| |**Net income**|3,076|9,225| ||==========================================|==========================================|