BRIDGE TRUST
Financial health, per its FY2022 accounts
The accounts state that total income decreased to £235,720 from £283,684 in the prior year, primarily due to reduced rental income and donations. Total expenditure increased to £317,646, resulting in a net expenditure for the year. The charity holds unrestricted reserves of £217,079, though the specific reserves policy target is not explicitly quantified in monetary terms or months of expenditure.
What the accounts disclose
“It is the policy of the charity to maintain unrestricted funds, which are the free reserves of the charity, at a level which provides sufficient funds to support general costs.” — page 9
Structured financials (annual return, FY ending 31/12/2020)
Register events
- Received assets from another charity (07/11/2020)
Trustees
- Graham Townsendchair
- Alan Richard Rennles
- Amanda Isaac
- Chrispother Barstow
- Christopher John Horrell
- Councillor Malcolm Stephen Prowse
- Janet Coates
- Joanna Orange
- John Mann
- Mark Haworth-Booth
- Marsh Pullen
- Stephen Corrie James Hattley
- Tom Holmes
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £297k | £377k |
| 31/12/2023 | £334k | £297k |
| 31/12/2022 | £236k | £318k |
| 31/12/2021 | £284k | £290k |
| 31/12/2020 | £568k | £242k |
Common questions
Is BRIDGE TRUST financially healthy?
The accounts state that total income decreased to £235,720 from £283,684 in the prior year, primarily due to reduced rental income and donations. Total expenditure increased to £317,646, resulting in a net expenditure for the year. The charity holds unrestricted reserves of £217,079, though the specific reserves policy target is not explicitly quantified in monetary terms or months of expenditure. Its FY2022 accounts were audited by Westcotts (SW) LLP.