THE IRON BRIDGE TRUST
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted reserves of £4,594,423, which significantly exceeds its stated policy target of approximately £170,000 (six months of expenditure). The charity reported a net surplus of £52,516 for the year, driven primarily by investment income and gains, while total expenditure amounted to £338,432.
What the accounts disclose
“The trustees of The Iron Bridge Trust have agreed that the charity should hold enough reserves to cover at least six months of expenditure in order to not have cashflow concerns. This would equate to approximately £170,000.” — page 4
Trustees
- John Bennettchair
- Adam Robbie Bennett
- Dr STUART BENNETT
- Dr YVONNE BENNETT
- Faye Helen Bennett
- ROSS BENNETT
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £390k | £308k |
| 31/03/2024 | £380k | £338k |
| 31/03/2023 | £344k | £288k |
| 31/03/2022 | £297k | £57k |
| 31/03/2021 | £239k | £195k |
Common questions
Is THE IRON BRIDGE TRUST financially healthy?
The accounts state that the charity holds unrestricted reserves of £4,594,423, which significantly exceeds its stated policy target of approximately £170,000 (six months of expenditure). The charity reported a net surplus of £52,516 for the year, driven primarily by investment income and gains, while total expenditure amounted to £338,432. Its FY2024 accounts were audited by Hilden Park Accountants Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE GURU NANAK NISHKAM SEWAK JATHA (BIRMINGHAM) UK | 1 | £13k |
| The Edge Ministries | 1 | £6k |