BRIDGING BARRIERS
A social mobility charity on a mission to equip young people aged 16-25 from underrepresented backgrounds with the knowledge, tools and networks to successfully pursue their career goals. We do this through 1-1 career mentoring, virtual masterclasses and networking events to build the confidence, employability skills and career knowledge of young people, helping them to become work-ready.
Financial health, per its FY2024 accounts
The accounts state that the charity ended the year with a net deficit of £4,951, having spent £90,263 against income of £85,312. Per the trustees' report, the charity held total cash reserves of £13,577 at year-end, which is below its stated policy target of maintaining reserves equivalent to at least three months of core operating costs.
What the accounts disclose
“Grants from Trusts and Donations” — page 11
“Bridging Barriers aims to maintain reserves equivalent to at least three months of core operating costs.”
Trustees
- Alex Donkor
- Jade Adewunmi
- Michael Adesite
- Sharon Dorsen
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £85k | £90k |
| 31/12/2023 | £25k | £7k |
| 31/12/2022 | £0 | £0 |
Common questions
Is BRIDGING BARRIERS financially healthy?
Per its FY2024 accounts: The accounts state that the charity ended the year with a net deficit of £4,951, having spent £90,263 against income of £85,312. Per the trustees' report, the charity held total cash reserves of £13,577 at year-end, which is below its stated policy target of maintaining reserves equivalent to at least three months of core operating costs. Its FY2024 accounts were independently examined.
Who funds BRIDGING BARRIERS?
Funders whose own accounts filings name BRIDGING BARRIERS as a grant recipient include The AVOCADO Foundation.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| The AVOCADO Foundation | FY2023 | £20k | Dragons Den 2023 Grant Winner |