THE BRIDGE CHURCH RETFORD
Christian Charity involved with all age groups in the local community
Financial health, per its FY2025 accounts
The charity reported a net expenditure of £35,530 for the year, resulting in a decrease in total funds from £422,655 to £387,125. The trustees state that reserves are contained within physical assets and aim to maintain three months' expenditure in reserve, though unrestricted cash reserves were not explicitly isolated as a separate positive figure in the summary. The charity relies heavily on volunteer support and donations, with a community grant of £10,000 being returned due to unmet terms.
What the accounts disclose
“We aim to keep monies in reserve equivalent to three months' expenditure.” — page 4
Property (HM Land Registry)
Register events
- Received assets from another charity (20/05/2022)
Trustees
- Rebecca Elizabeth Foulds-Hopkinchair
- Michael Stuart Roys
- Philip John Bishop
- Rev Jonathan Michael Ginever
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £64k | £99k |
| 31/03/2024 | £138k | £164k |
| 31/03/2023 | £84k | £99k |
| 31/03/2022 | £112k | £116k |
Common questions
Is THE BRIDGE CHURCH RETFORD financially healthy?
Per its FY2025 accounts: The charity reported a net expenditure of £35,530 for the year, resulting in a decrease in total funds from £422,655 to £387,125. The trustees state that reserves are contained within physical assets and aim to maintain three months' expenditure in reserve, though unrestricted cash reserves were not explicitly isolated as a separate positive figure in the summary. The charity relies heavily on volunteer support and donations, with a community grant of £10,000 being returned due to unmet terms. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 16/12/2022 | £10k | community outreach |