BRIDGE TRUST
Property owning charity making grants within area of benefit from surplus income
Objects
THE OBJECTS OF THE BRIDGE TRUST, WITHIN ITS AREA OF BENEFIT (THE TOWN OF BARNSTAPLE AND THOSE PARISHES WHICH ARE SUBSTANTIALLY WITHIN A RADIUS OF 5 MILES FROM ITS GUILDHALL), ARE:-(1) MAKING GRANTS FOR PUBLIC PURPOSES FOR THE GENERAL BENEFIT OF INHABITANTS(2) PROVIDING AMENITIES FOR THE BENEFIT OF INHABITANTS(3) GIVING MONEY OR ARTICLES FOR THE BENEFIT OF POOR INHABITANTS(4) MAKING GRANTS TO CHARITIES HAVING AS THEIR OBJECT THE RELIEF OF POVERTY(5) MAKING GRANTS TO CHARITIES HAVING AS THEIR OBJECT THE FURTHERANCE OF PUBLIC PURPOSES FOR THE GENERAL BENEFIT OF INHABITANTS.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net outgoing resources of £21,050 for the year ended 31 December 2025, primarily driven by charitable expenditure related to a refurbishment project. Per the trustees' report, unrestricted free reserves stood at £137,128, which the trustees consider sufficient to support general costs, and they confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The increase in income from 2024 is mainly due to Grants received of £934,214 (2024: Nil)”
“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
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/12/2025
- Government income: £934,214 — contracts £934,214 (1); 71% of the £1,320,991 total gross income on the same return
Structured financials (annual return, FY ending 31/12/2025)
Register events
- Received assets from another charity (07/11/2020)
Trustees
- Graham Townsendchair
- Alan Richard Rennles
- Amanda Isaac
- Christopher John Horrell
- Councillor Malcolm Stephen Prowse
- Joanna Orange
- John Mann
- Mark Haworth-Booth
- Marsh Pullen
- Stephen Corrie James Hattley
- Tom Holmes
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £1.3m | £1.4m |
| 31/12/2024 | £297k | £377k |
| 31/12/2023 | £334k | £297k |
| 31/12/2022 | £236k | £318k |
| 31/12/2021 | £284k | £290k |
Common questions
Is BRIDGE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net outgoing resources of £21,050 for the year ended 31 December 2025, primarily driven by charitable expenditure related to a refurbishment project. Per the trustees' report, unrestricted free reserves stood at £137,128, which the trustees consider sufficient to support general costs, and they confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Westcotts (SW) LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JOSEPH RANK TRUST | 1 | £25k |
| UPP FOUNDATION | 1 | £23k |
| DEMENTIA ADVENTURE TRUST | 1 | £15k |
| ROYAL DEVON UNIVERSITY HEALTHCARE NHS FOUNDATION TRUST CHARITY | 1 | £10k |
| THE NORWOOD AND NEWTON SETTLEMENT | 1 | £10k |
| THE HOBSON CHARITY LIMITED | 1 | £6k |
| THE PWC FOUNDATION | 1 | £5k |
Charities like this
- THE BRITFORD BRIDGE TRUST
- THE BRIDGE CHURCH BIRMINGHAM
- BRIDGE COMMUNITY CHURCH
- BRID GARDENS
- THE BRIDGE TRUST
- THE BRIDGE GROUP
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| BRIDGE TRUST | £1.3m | — | 0 | unclear | — | no doubt |
| THE BRITFORD BRIDGE TRUST | £883k | — | 0 | above | — | no doubt |
| THE BRIDGE CHURCH BIRMINGHAM | £110k | — | — | unclear | — | no doubt |
| BRIDGE COMMUNITY CHURCH | £209k | — | 0 | above | — | no doubt |
| BRID GARDENS | £106k | — | 0 | above | — | no doubt |
| THE BRIDGE TRUST | £1.0m | — | 0 | unclear | — | no doubt |