BRIDGE-IT HOUSING UK TEAM LTD

Registered charity 1146838 · accounts filings on the Charity Commission register

Bridge-It housing specialises in accommodation and support to families and single persons across Yorkshire, Greater Manchester and Lancashire.

Causes: Education/training · The Prevention Or Relief Of Poverty · Accommodation/housing · website · Get email alerts

Latest income
£18.1m
Latest spending
£14.1m
Registered
2012
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a surplus of £3,986,266 for the year ended 28 February 2025, with total income increasing to £18,104,725 from £12,490,732 in the prior year. Per the trustees' report, free reserves stood at £1,271,603, although the document notes that if full outstanding property lease payments were included, there would be no free reserves. The independent auditors issued a qualified opinion due to limitations on audit scope regarding operating expenditures, but confirmed the going concern basis of accounting is appropriate.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Related-party transaction: Rent paid to Bridge-IT Enterprises Ltd, a company where CEO C Griffiths is a director.
“C Griffiths is also a director of Bridge-IT Enterprises Ltd. During the year Bridge-IT Housing UK Team Ltd paid rent of £853,770 (2024: £867,568) to Bridge-IT Enterprises Ltd” — page 32
“C Griffiths and his wife also rents a property directly to the company. £9,900 (2024: £9,025) of rent was paid directly to C Griffiths.” — page 32
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Rent paid directly to CEO C Griffiths for property rented by him and his wife.
“C Griffiths is also a director of Bridge-IT Enterprises Ltd. During the year Bridge-IT Housing UK Team Ltd paid rent of £853,770 (2024: £867,568) to Bridge-IT Enterprises Ltd” — page 32
“C Griffiths and his wife also rents a property directly to the company. £9,900 (2024: £9,025) of rent was paid directly to C Griffiths.” — page 32
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Purchase of property from Pentzion Ltd, a company where CEO C Griffiths and Business Development Manager C Hope are directors.
“C Griffiths is also a director of Bridge-IT Enterprises Ltd. During the year Bridge-IT Housing UK Team Ltd paid rent of £853,770 (2024: £867,568) to Bridge-IT Enterprises Ltd” — page 32
“C Griffiths and his wife also rents a property directly to the company. £9,900 (2024: £9,025) of rent was paid directly to C Griffiths.” — page 32
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Remuneration paid to CEO C Griffiths, who is the brother of Trustee M Barnes.
“C Griffiths is also a director of Bridge-IT Enterprises Ltd. During the year Bridge-IT Housing UK Team Ltd paid rent of £853,770 (2024: £867,568) to Bridge-IT Enterprises Ltd” — page 32
“C Griffiths and his wife also rents a property directly to the company. £9,900 (2024: £9,025) of rent was paid directly to C Griffiths.” — page 32
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Remuneration paid to M Barnes, son of Trustee M Barnes.
“C Griffiths is also a director of Bridge-IT Enterprises Ltd. During the year Bridge-IT Housing UK Team Ltd paid rent of £853,770 (2024: £867,568) to Bridge-IT Enterprises Ltd” — page 32
“C Griffiths and his wife also rents a property directly to the company. £9,900 (2024: £9,025) of rent was paid directly to C Griffiths.” — page 32
Per its FY2025 accounts as filed with the Charity Commission.
Governance: Original financial statements submitted to Companies House were unaudited, prepared under the wrong financial reporting standard, and contained incorrect figures.
“The original financial statements submitted on Companies House were prepared under the wrong financial reporting standard, were unaudited and contained incorrect figures.” — page 2
“We were therefore unable to satisfy ourselves over the Operating Expenditure (excluding wages, depreciation and rental costs) figures included in the revised Statement of Comprehensive Income at a value of £6,123,258.” — page 10
Per its FY2025 accounts as filed with the Charity Commission.
Governance: Auditors issued a qualified opinion due to inability to verify operating expenditure.
“The original financial statements submitted on Companies House were prepared under the wrong financial reporting standard, were unaudited and contained incorrect figures.” — page 2
“We were therefore unable to satisfy ourselves over the Operating Expenditure (excluding wages, depreciation and rental costs) figures included in the revised Statement of Comprehensive Income at a value of £6,123,258.” — page 10
Per its FY2025 accounts as filed with the Charity Commission.
Governance: Auditors reported that adequate accounting records were not kept and satisfactory systems of control were not maintained for specific expenditures.
“The original financial statements submitted on Companies House were prepared under the wrong financial reporting standard, were unaudited and contained incorrect figures.” — page 2
“We were therefore unable to satisfy ourselves over the Operating Expenditure (excluding wages, depreciation and rental costs) figures included in the revised Statement of Comprehensive Income at a value of £6,123,258.” — page 10
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Fortus Audit LLP. Discloses 3 of 6 completeness components.

Corporate structure

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Property (HM Land Registry)

44 registered titles in England and Wales held by the charity’s company or corporate body (27 freehold); recorded price paid £4.9m. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 28/02/2025)

Total income
£18.1m
Total spending
£14.1m
Reserves (reported)
£1.3m
Employees
169

Reported reserves equal ~1.1 months of spending — in the bottom quarter for charities its size (median 4.6 months; benchmarks).

Per its annual return, largest income source: Charitable activities (100% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (3.8%) (benchmarks).

Trustees · trustee networks

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

Operates in: Barnsley · Bradford City · City Of Wakefield · Doncaster · Kirklees · Manchester City · Oldham · Rotherham · Salford City

Income and spending

Financial year endIncomeSpending
28/02/2025£18.1m£14.1m
29/02/2024£12.5m£11.7m
28/02/2023£9.1m£8.6m
28/02/2022£7.7m£6.9m
28/02/2021£6.0m£5.4m

Common questions

Is BRIDGE-IT HOUSING UK TEAM LTD financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a surplus of £3,986,266 for the year ended 28 February 2025, with total income increasing to £18,104,725 from £12,490,732 in the prior year. Per the trustees' report, free reserves stood at £1,271,603, although the document notes that if full outstanding property lease payments were included, there would be no free reserves. The independent auditors issued a qualified opinion due to limitations on audit scope regarding operating expenditures, but confirmed the going concern basis of accounting is appropriate. Its FY2025 accounts were audited by Fortus Audit LLP.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Community Fund06/07/2016£10kSkills Bridge Project

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE BRIDGE (EAST MIDLANDS).

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
BRIDGE-IT HOUSING UK TEAM LTD£18.1m——unclear—no doubt
THE BRIDGE (EAST MIDLANDS) FY2025£1.1m—0unclear—no doubt
THE BRIDGE PLUS+ LIMITED FY2025£198k—0unclear—no doubt
THE BRIDGE PROJECT FY2025£4.7m£70,001 - £80,0003unclear—no doubt
BRIDGE COMMUNITY CENTRE LIMITED FY2025£164k—0below—no doubt
THE HAROLD AND ALICE BRIDGES CHARITY FY2025£149k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.