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BRIDGE SCHOOL MALVERN

Registered charity 1122536 · accounts filings on the Charity Commission register · also known as THE BRIDGE EDUCATION CENTRE MALVERN HILLS

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Latest income
£2.5m
Latest spending
£2.5m
Registered
2008
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity generated a surplus of £170,715 for the year ended 31 August 2023, with total income of £1,985,954 against total expenditure of £1,815,239. Free reserves excluding fixed assets stood at £445,097, which is above the trustees' stated policy target of approximately two months of unrestricted charitable expenditure. The trustees and auditors confirmed there are no material uncertainties related to going concern.

What the accounts disclose

Reserves policy: approximately 2 months of unrestricted charitable expenditure (held: £445k)
“The Governors aim to maintain free Cash Reserves in unrestricted funds at a level which equates to approximately 2 months of unrestricted charitable expenditure.” — page 4
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Income received from Bridge The Gap Malvern Limited, a company where CEO Neil Hornby is a director and shareholder.
“During the year income of £35,997 (2022: £61,009) was received from Bridge The Gap Malvern Limited in relation to the use of Bridge School Malvern Ltd staff and services. Bridge The Gap Malvern Limited is a company in which Neil Hornby, CEO of Bridge School Malvern Ltd, is a director and shareholder.” — page 21
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Kendall Wadley LLP. Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 31/08/2025)

Total income
£2.5m
Total spending
£2.5m
Reserves (reported)
£289k
Employees
52

Reported reserves equal ~1.4 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Worcestershire

Income and spending

Financial year endIncomeSpending
31/08/2025£2.5m£2.5m
31/08/2024£2.2m£2.1m
31/08/2023£2.0m£1.8m
31/08/2022£1.6m£1.6m
31/08/2021£1.5m£1.4m

Common questions

Is BRIDGE SCHOOL MALVERN financially healthy?

The accounts state that the charity generated a surplus of £170,715 for the year ended 31 August 2023, with total income of £1,985,954 against total expenditure of £1,815,239. Free reserves excluding fixed assets stood at £445,097, which is above the trustees' stated policy target of approximately two months of unrestricted charitable expenditure. The trustees and auditors confirmed there are no material uncertainties related to going concern. Its FY2023 accounts were audited by Kendall Wadley LLP.