BRIDGE COMMUNITY CHURCH
Latest income
£251k
Latest spending
£276k
Registered
2020
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the charity operated at a loss of £24,869 in 2024 due to £45,951 in capital expenditure on building upgrades. Despite this loss, the trustees report that total funds remain well above the agreed £100,000 reserve policy target, and they are confident that no significant cutbacks are necessary for 2025.
What the accounts disclose
Reserves policy: £100,000 (held: £234k)
“the charity operated well above the agreed £100,000 reserve policy to cover a minimum of between three to six months of budgeted and foreseen expenditure” — page 15
Per its FY2024 accounts as filed with the Charity Commission.
Register events
- Received assets from another charity (30/05/2022)
Trustees
- Mark Gavin Anderson Barrellchair
- Emma Denton
- Graham Paul Jack
- Kate Read
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £251k | £276k |
| 31/12/2023 | £315k | £252k |
| 31/12/2022 | £238k | £269k |
| 31/12/2021 | £201k | £248k |
Common questions
Is BRIDGE COMMUNITY CHURCH financially healthy?
The accounts state that the charity operated at a loss of £24,869 in 2024 due to £45,951 in capital expenditure on building upgrades. Despite this loss, the trustees report that total funds remain well above the agreed £100,000 reserve policy target, and they are confident that no significant cutbacks are necessary for 2025. Its FY2024 accounts were independently examined.
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