The Bridgepoint Group Foundation
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £11,998 for the year, resulting in a decrease in total net assets from £147,376 to £135,378. Unrestricted reserves stood at £114,699, which the trustees consider sufficient to continue operations as a going concern. The charity relies on donations from Bridgepoint and its employees, with total income falling significantly from £240,262 in the prior year to £109,708.
What the accounts disclose
“The Trust's policy is not to hold more reserves than is needed for these purposes, so to maximise the amount available for spending on today's worthy causes as well as give the flexibility for supplementary rounds of funding for existing charities if required.” — page 4
Structured financials (annual return, FY ending 31/12/2020)
Trustees
- Ruth Catherine Priorchair
- Andrew David Konopelski
- Carlota Sanchez-Marco
- Christian Rhys Jones
- Emma Judith Sophia Watford
- Frederic Pescatori
- James Graham Murray
- Paul Koziarski
- Ruth Joanne McIntosh
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £110k | £122k |
| 31/12/2023 | £240k | £427k |
| 31/12/2022 | £127k | £181k |
| 31/12/2021 | £969 | £764k |
| 31/12/2020 | £3.4m | £2.8m |
Common questions
Is The Bridgepoint Group Foundation financially healthy?
The accounts state that the charity reported a net expenditure of £11,998 for the year, resulting in a decrease in total net assets from £147,376 to £135,378. Unrestricted reserves stood at £114,699, which the trustees consider sufficient to continue operations as a going concern. The charity relies on donations from Bridgepoint and its employees, with total income falling significantly from £240,262 in the prior year to £109,708. Its FY2024 accounts were audited by Lovewell Blake LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ROYAL DEVON UNIVERSITY HEALTHCARE NHS FOUNDATION TRUST CHARITY | 1 | £10k |