BRIDGING THE GAP YOUTH - MERTHYR

Registered charity 1203023 · accounts filings on the Charity Commission register

A fully inclusive After School & Holiday Club for children with additional learning needs.

Causes: Disability · Get email alerts

Latest income
£168k
Latest spending
£157k
Registered
2023
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity generated a net surplus of £11,548 for the year ended 31 March 2025, with total income of £168,377 against total expenditure of £156,829. Unrestricted reserves stood at £55,678, which is below the trustees' expected target of £78,414 based on a policy of approximately six months' expenditure. The trustees confirm that resources are adequate to continue as a going concern with no material uncertainty.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £56k; policy: approximately 6 months expenditure)
Current Free Reserves are £55,677. Expected Target Reserves would be £78,414. — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Niece of Trustee S Jenkins employed at market rates
The Trustee and Treasurer Mrs S Jenkins's niece is employed by the charity. She was paid at rates commensurate with her position and in line with other members of staff. The appointment process was open and at arms length and the Trustees were fully informed of the relationship before the appointment. — page 18
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Merthyr Tydfil

Income and spending

Financial year endIncomeSpending
31/03/2025£168k£157k
31/03/2024£208k£153k

Common questions

Is BRIDGING THE GAP YOUTH - MERTHYR financially healthy?

Per its FY2025 accounts: The accounts state that the charity generated a net surplus of £11,548 for the year ended 31 March 2025, with total income of £168,377 against total expenditure of £156,829. Unrestricted reserves stood at £55,678, which is below the trustees' expected target of £78,414 based on a policy of approximately six months' expenditure. The trustees confirm that resources are adequate to continue as a going concern with no material uncertainty. Its FY2025 accounts were independently examined.