THE NEWBRIDGE PROJECT

Registered charity 1173849 · accounts filings on the Charity Commission register

The NewBridge Project is established to foster and advance the appreciation and understanding of the arts for the benefit of the public. The NewBridge Project operates throughout England and Wales.

Causes: Arts/culture/heritage/science · website · Get email alerts

Latest income

£594k

Latest spending

£590k

Registered

2017

Accounts read

FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported an unrestricted surplus of £17,167 for the year ended 31 March 2025, with total reserves of £375,542. However, the trustees note that unrestricted reserves of £268,828 are below the stated target of £297,000, and available free reserves are further reduced by committed activity costs. The trustees acknowledge that high levels of current funding are set to reduce or end in the next 6-12 months, presenting a risk to long-term sustainability.

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

What the accounts disclose

Highest-paid employee band: Under £60,000 — below the median for charities its size (£60k)

“No employee received remuneration of more than £60,000 during the year” — page 31

Per its FY2025 accounts as filed with the Charity Commission.

Reserves position: below the charity's own stated reserves policy (held: £269k; policy: three months of unrestricted expenditure)

“The Board is happy that these reserves, while below the target set, are sufficient at this current time” — page 5

Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 6 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income

£594k

Total spending

£590k

Cost of raising funds

£3k

Reserves (reported)

£132k

Employees

Reported reserves equal ~2.7 months of spending — below the median for charities its size (median 5.2 months; benchmarks).

Trustees · trustee networks

ILANA RACHEL MITCHELLchair
Dr Aishah Brolly-Coyte
Dr PAUL RICHTER
Eve McCracken
JULIA HESLOP
Jonathan Woods Combe
Naomi Morrellee Kinghorn
Nathalie Sara Boobis

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

Operates in: Throughout England And Wales

Income and spending

Financial year end	Income	Spending
31/03/2025	£594k	£590k
31/03/2024	£625k	£538k
31/03/2023	£364k	£428k
31/03/2022	£472k	£370k
31/03/2021	£346k	£253k

Common questions

Is THE NEWBRIDGE PROJECT financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported an unrestricted surplus of £17,167 for the year ended 31 March 2025, with total reserves of £375,542. However, the trustees note that unrestricted reserves of £268,828 are below the stated target of £297,000, and available free reserves are further reduced by committed activity costs. The trustees acknowledge that high levels of current funding are set to reduce or end in the next 6-12 months, presenting a risk to long-term sustainability. Its FY2025 accounts were independently examined.

What does the highest-paid employee of THE NEWBRIDGE PROJECT earn?

Per its FY2025 accounts, the highest-paid employee was in the Under £60,000 band.

Government & lottery funding

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

Funder	Date	Amount	Purpose
UK government	13/12/2021	£71k	National Portfolio Organisations