BRIDGE TRUST

Registered charity 1184834 · accounts filings on the Charity Commission register

Property owning charity making grants within area of benefit from surplus income

Causes: General Charitable Purposes · Grant history (this charity is a funder) · website · Get email alerts

Latest income

£297k

Latest spending

£377k

Registered

2019

Accounts read

FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity reported a net income of £56,537 for the year ended 31 December 2023, driven by increased rental income and other trading activities. The trustees maintain that unrestricted funds are held at a level sufficient to support general costs, with actual unrestricted reserves standing at £260,480. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.

Automated summary of the FY2023 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Other trading activities (74% of income)

“Other trading activities 3 245,489 - - 245,489 227,948” — page 16

Per its FY2023 accounts as filed with the Charity Commission.

Reserves policy: a level which provides sufficient funds to support general costs (held: £260k)

“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 10

Per its FY2023 accounts as filed with the Charity Commission.

Payments to trustees: One trustee received remuneration totalling £3,420 for their employment with the charity.

“No remuneration, benefits or pension contributions were paid to, or for, any trustee for their services as trustees but during the year one trustee was paid in respect of their employment with the charity. During the year, the trustee received remuneration totalling £3,420.” — page 24

Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Westcotts (SW) LLP. Discloses 5 of 6 completeness components.

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

Structured financials (annual return, FY ending 31/12/2020)

Total income

£568k

Total spending

£242k

Reserves (reported)

£326k

Employees

Reported reserves equal ~16.1 months of spending — above the median for charities its size (median 7.0 months; benchmarks).

Per its annual return, largest income source: Charitable activities (76% 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 (2.9%) (benchmarks).

Register events

Received assets from another charity (07/11/2020) — per the register’s event history; asset transfers typically record mergers or reorganisations.

Trustees · trustee networks

Graham Townsendchair
Alan Richard Rennles · trustee of 1 other charity
Amanda Isaac
Christopher John Horrell
Councillor Malcolm Stephen Prowse
Joanna Orange · trustee of 1 other charity
John Mann
Mark Haworth-Booth
Marsh Pullen
Stephen Corrie James Hattley
Tom Holmes

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

Operates in: Devon

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?

Per its FY2023 accounts: The accounts state that the charity reported a net income of £56,537 for the year ended 31 December 2023, driven by increased rental income and other trading activities. The trustees maintain that unrestricted funds are held at a level sufficient to support general costs, with actual unrestricted reserves standing at £260,480. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2023 accounts were audited by Westcotts (SW) LLP.

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.

Funder	Similar charities funded	Amount to them
THE SAINTBURY TRUST	1	£4k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with SUMNER WILSON CHARITABLE TRUST.

SUMNER WILSON CHARITABLE TRUST income £136k
SRI AUROBINDO TRUST LIMITED income £209k
GLOUCESTER CIVIC TRUST LIMITED income £228k
THE IRON BRIDGE TRUST income £390k
Cultural Philanthropy Foundation Limited income £122k
THE ROSEMARIE NATHANSON CHARITABLE TRUST income £376k

Side by side with its peers

Charity	Income	Top pay band	Reserves vs policy	Fundraising cost	Going concern
BRIDGE TRUST	£297k	—	unclear	—	no doubt
SUMNER WILSON CHARITABLE TRUST FY2025	£136k	—	above	—	no doubt
SRI AUROBINDO TRUST LIMITED FY2024	£209k	—	above	—	no doubt
GLOUCESTER CIVIC TRUST LIMITED FY2025	£228k	—	above	—	no doubt
THE IRON BRIDGE TRUST FY2025	£390k	—	unclear	—	no doubt
Cultural Philanthropy Foundation Limited FY2024	£122k	—	unclear	—	no doubt

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