## **REGISTERED COMPANY NUMBER: 07568473 (England and Wales) REGISTERED CHARITY NUMBER: 1203922** 

**Report of the Trustees and Unaudited Financial Statements for the Year Ended 9 July 2025 Futureworks NY** 

Wasley Chapman LLP Chartered Accountants 5 Bobbies Bank Whitby North Yorkshire 



Futhreworks NY
ConteD
ftbe FininciAI
tstements
for the Year Ended 9 Jul 2025
P*gt
Report of the Truytees
IndeptDdent Ei*mintr'$ Report
St#tem¢nt Of Fith•ttei*l Adivities
B•l•ne¢ Sh¢¢t
Notes to the Fin*neial Statemtnts
S to 11
Detailed Ststement of Fim*Dti*l Aeiiwit*s
12 to 13

Indt dtht Eurniner'5 Re
rt to tht Trustees of
Futllreworks NY
Independertt es4miner's report to the tntstees of Futurtworks NY ('the CoJDpA
I report to the charity trusttt5 on my examination of the accounts of th¢ Company for the year ended 9 July 2025.
Re5poAsibilities and bgxi$ of report
As the charity's trustees Of the Company (and also its directors for the purposes of Company law) you are responsible fgr
the preparation of the accounts in a¢COrdan￿ with the wequirernents of the Companies Act 2006 ('Ih¢ 2(M)6 A¢Y).
Havin8 satisfied myself that the xcounts of th¢ Company are rtoi required to be audited under Part 16 of ihe 2006 Aci
and ar¢ ¢ligible for independeni examin*ion. I report in respect of my exatnin*ton of your charity's a¢¢ounis as ￿rIed
out under Section 145 of the Charities Act 2011 {'th¢ 201 l A¢t'). In ¢anying oui my examinatÈon I have follow¢d the
Directiorfj giv¢n by th¢ Charity Conmnission under St￿10￿ 145(5) (b) of the 2011 Act.
Indep¢nd¢nt ¢￿MIn¢r.$ st*t¢m¢fyt
Since your charity's gr05s income exceeded £250,(th y(Kw examiner must ￿ a member of a lisied body. I can rA)nfinn
that L am qualifLed to uttd¢rtake the examination b¢CaL￿ l am a member of the As$￿1811￿n of Chartered C¢rtifJed
Axowitsnts, which is one of the listed b)dÈes.
I hav¢ eornpl¢t¢d my examinaiion. I confim) no matters have come to rny altenti(XL in ¢onnrxtion wilh the
examinatiort giving me caus¢ to b¢li¢ve'.
aecounting records were noi k¢pi irt respe¢t of the Company as required by SectK)n 386 of th¢ 2006 Act" or
the ac¢ount5 do not accord with those records. or
the accounts do not ¢omply with the a¢¢ouniing requirements of Section 396 of the 2006 Act other than any
requir¢meni that ihe a¢couNts giv¢ a tsu¢ and fair viDv which is not a matter considered 45 pan of an independent
cxamination- or
the accounts have rK)t been prepared in ac¢ordan¢e with the tnethods and principles of the Statern¢nt of
R¢¢ommended Pracii¢e for accounting and repjrting by charities {applicable to chariii¢S preparing their accounts
in attordance with the Financial Reportin8 Standard applicable in the UK and RepJbli¢ of Ireland (FRS 1021).
I have no concern$ hav¢ come xmss no other mattws in with the eYarninat.ioTh to which attention should
be drawn in this report in order to enablc a propEr uTrJu5tandin8of the accounts to be r￿h¢d.
Emma Hejthrsott LLB Hon$ FCCA
W&sley Chapman LLP
Chartered Accountants
5 Bobbles Bank
Whitby
North Yorkshire
Y021 IEF
23 January 2026
Page 2

rt ofthe Trnstees f
tbe Ytar Ended 9 J
2025
The trustees who are also directors of the charity lorthe purposes of the Compani¢sAct 2(NJ6. present their rewrt with th¢
financial ststern¢nts of th¢ charity for the year ended 9 July 2025. The tru51tt5 hav¢ adopted the provisions of Accounting
and Reporting by Charities.. Statrment of Recommended Practice applicable io charities preparing their accow)ts in
accordance with the Financial Reporting Stsndayd appli￿￿￿ in the UK and Republic of Ireland IFRS 102)
(effeciive l January 2019).
STRu￿uRE. GOVERNANCE AND MANAGEMENT Goytrning document
The charity is controlled by its governing docum¢n¢ a degd of trusL and constitutes a limited company, limited by
guarantee. as defined by the Companies Ad 2(KlS.
REFERENCE AND ADMINISTRATAVE DETAIIS
Registered
com￿nY
n4mlxr
07568473 (ETrgland aDd Wales)
Regis¢ered Charity number: 1203922
Registered 0(r￿e
40 Vicioria Road
Scarboroug
North Yorkshire
YOII ISD
Trvsttts
Mr I Shears
Ms F Young
Mt R Batwick (appointed 13.225)
H Watson (appointed 24.7.25)
Comp*by Secretary
Independent EiamiD¢r
Wasley Chapman LLP
Chartered Accountants
5 Bobbie5 Bank
Whitby
North Yorkshire
Y021 IEF
Approved by order of the board of trustees on 28 Novernber 2025 #nd signed M its behalf by:
Trustee

F4tsrewo
tstement of FittaDtiAI Activities
for the YeAr Ended 9 J
2025
2025
2024
Toral
funds
Unresth¢*d
fund
Restri¢ied
funds
funds
Noies
INCOME AND ENDOWMENTS FROM
Donations and legacies
7.0
198.638
205,728
177,368
Other tfdding a¢tivilies
Investment income
84.673
(95)
32.866
117.539
(95)
131,438
49
91.668
231.504
323,172
308,855
EXPENDITURE ON
Raising fvnds
7.219
11.561
18.780
16.963
Charitsbl¢ a¢tivities
General
141.238
156.345
297.583
285.418
To¢AI
148.457
167.906
316.363
302,381
NET INCOMEI(eXPENDITURE)
(56.789)
63.598
6.809
6,474
RECONCILIATION OF FbWDS
Total fi￿dS bmughl forward
120.487
56.644
177.131
170.657
TOTAL FUNDS CARRIED FORWARD
63,698
120.242
183.940
177.131
Surplw and tkfi¢it A¢¢ount 968
Posiing discrepancies were found in the reserve a￿o￿nIS li5ttd below. This 1$ b￿$¢ the brought forward p)stings in
the ¢urrent year are not ¢qual io the figures carried forward by WS at the end of last year. Ple￿ check your posting5 in
the brought forward account for the $urplus and deficii account 968.
Unrestricted Re5trided
fithds
nds
Total fvnd5
Brought forward- 96811
120.487
56,644
177,131
Carried fon¥atd
177,131
177,131
Differen¢¢
56,644
{56.644)
Posi io relevartt xcounts {see ICHA ¢hart of a¢￿￿Ots for fvrther d¢¥ils)
The notes forrn part of these financial 5tatern￿ts
Page 3

Fulureworks NY
*l*Dee Sheet
2025
Totsl
funds
2024
Total
fijnds
fund
funds
Notes
FIXED A&SETS
TangÈbl¢ assets
14.392
317
14,709
18.071
CURRENT ASSETS
Stocks
C&sh at bank and in Iwld
18.310
33,576
18,310
153,501
9.987
152,966
119.925
5 1.886
119.925
171,811
162.953
CREDITORS
Amounts falling due within one year
(2,580)
(2,580)
(3,893)
NET CURREwf A￿ETs
49,306
19,925
169,231
159,060
TOTAL AssgTS LESS CURRENT
LIABILITIES
63.698
120,242
183,940
177,131
NET ASSETS
63.698
120242
183,940
177,131
FUNDS
Unrc5tri¢ied fi￿d$
Restricted fut￿$
io
63.698
120242
177.131
TOTAL FUNDS
183.940
177.131
Th¢ charitable company is erttitled to exempiion from audit under Section 477 of the Companies Act 2006 for the year
ended 9 July 2025.
The members have not required the ￿MPanY io obtsin an audit of its financia] statements for the year ended 9 July 2025
in accordance with Section 476 of the Companies Ad 2006.
The trustees acknowledge their responsibilities for
(al
ensuring that the charitablt company keeps accountin8 records that comply with Sections 386 and 387 of the
Companies Aet 2006 and
preparing fJoan¢ia] ststements which give a true and fair view of the s￿¢ of affair5 of the charitable company a5
at the end of each financial year and of its surplu5 or deficit for each financial year in accordan¢¢ with the
requirements of Se¢tions 394 ond 395 and whi¢h otherwise comply with the requirements of the CornpanÉes A¢t
2006 rclating to financial Staternen￿ 50 far as applicable to the charithle company.
(b)
These finan¢ial ststements have been prepared in aCc4)rd￿ with the provisions applicable to ¢haritabl¢ Companies
subject to the small eompanies regime.
The financial ststernents were approved by the Board of Trustees and authorised for i5su¢ on 23 January 2026 were
sign¢d on its behalf by:
Mr I Shear5- Trustee
Th¢ notes forni pan of these financial ststements
Pag¢ 4

Futureworks NY
otes i• the Fith*thei*l St•t¢meDts
fortb Y
rEDded9J
2025
ACCOUNTING POLICIES
B•sii of prep*ring tht fin*n£ixl stat¢mefjts
The financial sthtemefits of the charitable ¢ompany, which is a publi¢ b¢n¢fii entity under FRS 102, have been
prepared in accordance with the Charitie5 SORP (FRS 102) 'Ac¢ounting and Reporting by Charitics.. Statemeni
of Recomm¢nded Practice applicable to charitie5 preparing their ac£ount5 in accordance with the Financial
Rep)rting Sthndard applicable in the UK Republic of Irelartd (FRS 102) (effective l January 2019)..
Financial Reporting Sthndard 102 The Finan¢ial Reporting Standard appli¢able the UK and Republic of
Ir¢laThd' and th¢ CotDpanie5 Act 2006. The financial 51atements have been pr¢parcd under the historical Cost
Convention.
In¢om¢
All income is re¢ognised in the Statement of Financial Activities oncx the charity h&$ entitlem¢nt to the ￿Thd$. il
is probable that the inwme will ￿ ￿tiVe￿ ahd the ¥Mo￿t can be measured reliably.
Expenditure
Liabiliii¢s are re¢ognised as ¢xpendityr¢ as soon &$ there is a legal or ¢onstrncrive obligatiot) ¢ommittin8 the
charity to that expenditure. li is probable a transfer of economic benefits will be required in s¢ttlement and
the amount of the obligation can be Me￿Ured rcliably. Expendilurt is account￿ for on an a￿[ualS basis and has
been cl￿sIfied under heading5 aggregate ail cost related to the ￿esory. Where costs can[￿t be directly
attributed io particular headings they have been allocated to activities on a b&sis con5iSteni with the use of
r¢sour¢¢s.
Tattgible filed *skts
D¢preciation is pmvidd at the following annual Tates IR order to wriie off each asset over ¢5timated useful
life or, i(held under a finance lease, over the leas¢ terni, whichever is the shoner.
Stocks
S￿Ck$ are valued ai th¢ lower of cost and n¢t r¢altsable value, aft¢r making due allowance for obsolete and slow
moving ilem5.
Tixatio
The charity i$ exempi from ¢orEXJrntion tsx on its charitable activiti¢s.
Fund atcouDting
Unrestricted funds Can ￿ ￿Sed in xcordance with the charitable objectives at the discretion of the tnL5tte5.
Resirictrd funds can only be used ftjf particular Testria¢d purpws within the obje¢ts of the ¢harity. Restrictions
arise when specified by the donoror when fuThJs aft rnised for particular restricted purposes.
Further explanation of the n*ur¢ and of each fund is included in the rK)tes to the financial statements.
Hire pureh4$¢ 1¢gsiDg tommitmellts
Assets ob￿lTr¢d under hire pur¢hase contrxts or finance leases are ¢apitalis¢d in the Balance Sheei. Thos¢ held
ll￿jer hire purch￿ eontracts are depreciated over their esiimafed u5efiLI lives. Those held under finance leas¢s
ar¢ depreciated ov¢r their estimated useful live5 or the le￿ tern. whichever 15 51M)rter.
Rent￿$ paid under operating leases arc charged to the Ststem¢nt tsf Financial Activities on a straight line basis
over the p¢riod of the Ita5e.
Pag¢ 5
continued...

Futhreworks NY
Notes to the Financial Ststrments- continued
202S
OTHER TRADING ACTIVITIFS
2025
2024
Furnityre Sales
Sch4)ols Income
Training Incom¢
44,693
2.320
70,526
32,984
7,762
90,692
117.539
131,438
INVESTMENf i]YCOME
2025
2024
her parti¢ip*ing in*rests
Deposit ae¢(HJnt interest
(95)
49
(95)
49
NET INCOMEI(EXPENDITURE)
Net incomel(expenditur¢} is swed aft¢r¢hargingl(¢rediiing):
2025
2024
Depreciation- owrted asse¢s
Hire of plant and machinery
Oth¢r operating leases
3.979
726
22,514
4.653
3,467
19,542
TRUSTEES, REMUNERATION A]¥D BENEFfTS
There were no trustees, remuneration or other benefits for the year ended 9 July 2025 nor for the year ended
9 July 2024.
Trnstee3' eipenxs
There were trustees, expenses pMI for the year ended 9 July 2025 nor for the yetr ended 9 July 2024.
COMPAKATIVES FOR THE sfATEMENf OF FINANCIAL AcfJviTIES
UnrestrÉcted
Restricted
nds
Totsl
fi￿d$
INCOME AND ENDOWMENTS FROM
Donations and legacies
234.012
{56.6441
177.368
her trading aciivilies
Investrnent income
131.438
49
131.438
49
Totsi
365,499
{56,644)
308,855
EXPENDITURE ON
Raising fimds
16,963
16,963
Ch*ritsble actlvltks
General
285,418
285,418
Page 6
ntinued...

Futsrtworks NY
Note5 to the Fingnci*I
tstemeD
- ¢Olllinued
for the YeAr Ended 9 JUJ 2025
COMPARATIVFS FOR THE STATEMENT OF FINA]¥CIAL AcfJviTIES- fontinu
UDre5tricted
Resiricted
funds
Tothl
fund5
Tot*1
302,381
302,381
NET INcOMFJ￿xPEND[TuRE)
63.118
(56,644)
6,474
RECONCILIATION OF FUNDS
Total funds brought forward
114,013
56.644
170.657
TOTAL FUNDS CARRIED FORWARD
177.131
177,131
TANGIBLE FIXED ASSETS
Plant and
machinery
Motor
vehicles
Computer
equipment
Totals
COST
At 10 July 2024
Additions
Grants .
11.754
2.408
(1.791)
9.129
1.841
22,724
2.408
{1.791)
Ai 9 July 2025
12J71
9.129
1,841
23.341
DEPRECIATION
At 10 July 2024
Charye for year
1.763
2282
1.712
608
407
4.653
3,979
Ai 9 July 2025
3.623
3.994
1.015
8.632
iYET BOOK VALUE
At 9 July 2025
8,748
5.135
826
14,71)9
Ai 9 July 2024
9.991
6,847
1,233
18.071
Fixed assets. included in the above. which are h¢ld und¢r hire purthase cot)tracts or finartce leases are as follow5:
Plant and
machin¢ry
COST
Grants
{1.791}
NET BOOK VALUE
At 9 July 2025
(1.791)
At 9 July 2024
Page 7
continued...

Fllturework% NY
'Notes to the FinAncial
tstemeots- ¢ontinu¢d
for the Year EDded 9 J
STOCKS
2025
2024
st￿ks
18.310
9,987
CREDITORS: AMOUNTS FALLING DUE W￿H1￿ ONE YEAR
2025
2024
Trade creditors
Social security and oth¢rtsx¢5
Accrned expenses
2.577
2,241
1,652
2,580
3,893
io.
MOVEMENT IN FUNDS
Net
rnovement
in funds
At
10.7.24
At
9.7.25
UDrestrict¢d fundg
GeneTai fund
120,487
(56.789)
63.698
Re$¢ri¢¢ed fund$
Children In Need
Hargreaves
Home Ed (Foyle)
IUSE
Williams Family Fund
Lottery
Two Ridings
Cash for Kids
Woodsmith
2.677
6,487
18.265
26.151
(2.670)
I0,c￿0
(6.455}
1,547
273
10,000
9,164
18.263
26.151
43,624
10,000
1.218
1.547
273
10.000
7.673
56,644
63J98
120,242
TOTAL FUNDS
177.13 1
6,809
183.940
Page 8
Continued...

otes io ¢
4tsei*l Statemen
for tbe YeAr Ettd¢d 9 Ju
- ¢onti*ued
25
io.
MOVEMENT IN Fuf4DS- ¢ontiTh•ed
Net movement in fimds, In¢lUd￿ in the a￿¥¢ are as follows:
Incomin8
Resources
expended
Movement
in fund5
Umrestrirted funds
Gcneraj fund
91.668
(148.457)
(56.789)
RestriC￿j funds
Children In Nc¢d
Hargreav¢s
Home Ed (Foyle)
IUSE
Williams Family Fund
Lort¢ry
Two Ridings
Cash for Kids
Woodsmith
Scarb NumberTwo Lions
30.051
20,01)0
28.001
32.866
10.0¢
95,133
4.651
302
lo,0￿)
500
123.S64)
(1,735)
(1.850)
(35.536)
6,487
18.265
26.151
(2,670)
10.000
(6.455)
1,547
273
10.000
(101,588)
(3.1041
(29)
(500)
231.504
(167,￿)
63,598
TOTAL FUNDS
323.172
(316,3631
6,809
Comp*rntivts for rntsvement ID fumds
Nei
rnovement
in fund5
At
10.7.23
At
9.7.24
Uthresirieted fvthds
Generdl fund
114.013
63,118
177.131
Restrieted fuods
Children In Nc
RtSE
Lortery
2,677
46,294
7,673
12,677)
(46,294)
{7,673)
56,644
(56.644)
TOTAL FUT4DS
170,657
6.474
177,131
Page 9
eoiitinued...

Futhreworks NY
Notes to the FinxDci*I StstemeDts- continutd
ror the Y￿r Ended
2025
io.
MOVEMENT IIY FUNDS- eontinwed
Comparative net movement in fund¥ included in the atove are as follows:
R¢sources
expended
Movem¢nt
in funds
resources
Unrestricted
Genernl fijnd
365.499
(302.381)
63,118
R¢stri¢t¢d fund$
Childrcn In Nttd
RISE
iA)ttery
(2.677)
{46.294)
(7,673)
{2,677)
{46,294)
(7.673)
(56,644)
(56,644)
TOTAL FUNDS
308,855
1302,381)
6,474
A ¢urreni year 12 months and prior year 12 mooth5 combined p)Sition 15 85 follows:
Net
movement
in fimds
At
10.7.23
At
9.7.25
Unrestriet¢d futyds
GerteTal fi]:. A
114.OTI
6.320.
120.742
Restricted funds
Children lrt Need
Hargr¢av¢5
Home Ed (Foyle)
IUSE
WilliAms Family Fund
IA>ttery
Two Ridin8S
Cash for Kids
Woodsmith
2,677
3.810
18,265
26,151
{48.964)
10,000
{14,128)
1.547
273
10,000
6.487
18,265
26,151
12.670)
10,000
(6,455)
1.547
273
10,000
46.294
7,673
56.644
6.954
63.598
TOTAL FUNDS
170.657
13.283
183.940
Page 10
¢ontit)ued...

Fuiurew
Notes to the Finan¢ig1 St4¢ements- tofvtintsed
for the Ye*r En
io.
MOVEMENT IN FUNDS- contiDw¢d
A current year 12 rnonths and prior year 12 months combtrted net movement itt fijnds. included in the above are
as follows..
]ncomin8
Resources
expended
Movemenl
in fuTrd5
Unrestrieted funds
General fvnd
457.167
(450.838)
6.329
Restrict￿ fllTrds
Children In Need
Har8reaves
27,374
20.0(4)
28,001
(13,428)
10.0
87,460
4,651
302
io,000
51)0
(23.564)
(1,735)
(1,850)
(35.536)
3.810
18265
26,151
(48.964)
io.000
(14.128)
1,547
273
10.000
Horne Ed (Foyle)
RJSE
Willtam5 Family Fund
trtery
Two RL'din85
C&sh for Kids
Woodsmiih
SGatb Number Two Liorys
(101,588)
(3.104)
(29)
{51)0)
174.860
(167,906)
6.954
TOTAL Fuf4DS
632,027
(618,744)
13,283
ii.
RELATED PARTY DISCLOSURLS
There wtre no related party transactiorLS for th¢ year ended 9 Juty 2025.
Pagell

Rfiurew
NY
Let's get your life into gear
Report & Financial Statements forthe year end July9" 2025
Charity No 1203922
Address.. 40 Victoria Road
Scarborough
Y011 1SD
Telephone.. 01723 449616
Email_. in
futuiework
.co_uk
Website.. ￿.fUtureW0rksn .co.uk

Let'5 gel ytyji 5rfe into oeor
Futreworks NY
Report otthe twstees for theyearendedjuly V2025
The management committee presents its trustees report and audited financial statements for
the yearend 9 July2025.
Charity name: Futurewroks NY
Charity Regislration number.- 1203922
Company Registration Number: 7568473
Registered Office &
Operational address- 40 Wictoria Road
Scarborough
Y011 1SD
Trustees
Mr lan Shears
Chair
Mrs Faith Young
Vice Chair
Mr Richard Barwick (appt 13.02.2025)
Mrs Harriet Watson (appt 24.07..205)
Senior Management Team
Mrs Michelle Padron-Kitching
Mrs Sarah Thornton
CEO
CEO

Let's get youi lile (Tlto goor
Our aimsand objectlves
Our charitys objects are specificauy restricted to the following-
a.The reliefof unemploymentforthe put?￿¢ benefrt in suchways as may bethoughtfit including
assistance to find ernployment ty providing tiaining and courses in employability skills such as
time keeping, following instructions. CV building. team wor￿n& communication skiLts and
interviewtechniques.
To advance education and training among unemployed people or people who are not in
education. employment. or training INEETI in North Yorkshire by providing mentoring and
courses in lrfe and functional skills ano vocational training to impiove their employment
opportunities.
Our activitles in the year that deliver publi¢ benefit
Home educated continued
A dedicated prowsion was piloted and is now a long term provision due to its success, it IS
aimed atyear 10 and year 11 school studentswho are not attending mainstream school and
have been signed off school role as elected home educated. We have over 40 young people on
board with another 30on the waiting list. Thisfocuses on gettingyoung peoplewho have been
isolated and not getting any eduation back into a stu¢tured provision that works on increasing
confidence. life skills and educational attainment wth functional skills maths & English. This
project started in June 2024 and $0 far we have seen over 40 young people attend. 13 complete
and progress back into anminstream education and over 90% have achieved at least one
qualification in maths or Engkn'sh.
Youth Development
A holisitc provision aimed at young people aged 16 to 19 years vtho have struggled with
mainstream education. have poor mental health and need supportto moveforward wilhfurther
education or employment. This provision providesvaried supportwith smallgroup work and
one to one all with the aim of increasing skills and opportunities. Young people engage in
sessions focused on a variety of skills such as educational. life skills and confitjence building.
Sessions include functional skills. art sessions. vists to the gyrn for mental helath and fitness as
well as workshop sessions. Thisyearwe have seen over60young people access this provision.
with results this year showing 62% of young people engaged have progressed onto either further
education or employment. with 80% achiving at least one qualfication.
Furniture Works
The workshop continues to support local people build skills and confidence in a practical way.
Utilising donated furniture destined for land fill. clients engage wtfh repairing or reusing each
piece ol furnituie with the intention of sellinE Within our retail Ltnit. This year we have seen
sessions for wornen only adults and young people with over 60 people accessing the workshop
and Eaining skills and confidence. our busiest yet. The workshop has been successful in
building skills that clients can lake with them into their own home lives and continue to use in
the future. As part of this project. the furniture shop is also an opportunityfor clients to gain

Lel's got your lile hto geor
experience in retail and build customer seThice skius. It is also an opportunity to see the
furniture that is worked on sold onto someone who will treasure it. This is an amazing way ot
building confidence and self esteem. having a piece of lurniture that has been worked on by a
client noi onlywantea by someone but paid for. Clients are proud that their work is appreciated
but a150 that the pioiits made afe reInVe￿e0 back into the organisation to help support more
people.
Rise 2 Thrivetrffailblazer
Working in partnershipwith Betterconnect and theyork &INorth Yorkshire combined authorty,
enables us to work with economically inactive adults as well as adults in work who are neuro
divergent and need extra support. Split into to partsm Rise2Thrive and Trailblazer. tor adults and
young people ￿SpeCtiV[ey. Our targets for the Rise to Thrive part of this programme are 33
cbents reached ano engaged and we have achieved this before the contract en(l. Trailblazer was
a smaller profile of 15 with 11 so far achieved.
Prlnclpal Fundlng Sources
With the exception of a small income. gener*ed from our retail uniL our pricipal funding is
generated from grants and contracts. Current main grants are received from the National
Lottery Communtiy Fund and Children in Need ￿th smaller grants and contracts received from
the combined authority and national grant funders. The focus forfuture funding is core tunding
to ensure services continue to grow and develop wrthout Ihe need for reinvention of new
projects.
Reser*$
The trustees have agreed th* a rninimum of 3 months reserves need to be maintained and
these are at present over 3 months. Trustees are aware that reseryes are being utilised to fill
shortfalls in staff funding until new grants can be Sourced.
Structsre. Governanc• & Mang•m•nt
The organsiation is a registered charitable company. registered as such on the V July 2023. The
organisation wa$ originaLiy lounded in March 2011 as a communtiy interest company by
founders Michelle Padron-Kitching and Sarah Thornton. Upon Ihe conversion of the charity. boih
Michelle and Sarah were designated as Chief Executive Officers of the charity.
The directors mayat anytlme appoint 8 person who is willingto actto be a director and maybe
remoeved by 8ilher resignaiion. ill health or removed Oue to non attendauce of meetings within
a six month period without permission.
All members of the trustee boarJ give theirtime voluntarily and ￿cer￿ no benefits trom the
charity. Trustee meetings are held quartlery ¥*ith full agendas an(J minutes prodcued and
diseminated.