BRIDGE ESTATE
The sole activity of the Bridge Estate is investing, through property ownership, to generate income that is utilised for the objectives of the Charity and to grow the capital value of its assets. The property portfolio is managed on behalf of Bridge Estate by Strategic Property, a division of Nottingham City Council's Resources Department.
Financial health, per its FY2024 accounts
The accounts state that the charity holds a substantial investment property portfolio valued at £25.36 million, though this reflects an £11.6 million non-cash revaluation loss. Per the trustees' report, the charity maintains positive cash balances of £1.48 million and net current assets of £0.75 million, providing sufficient liquidity to meet short-term liabilities. The trustees confirm that resources are adequate to fulfill obligations and have identified no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Surplus of income over expenditure during the year is transferred to NCC’s General Fund for the improvement of the City of Nottingham and the public benefit of its inhabitants £571,000” — page 23
“Trade Debtors balances include £1,056,651.74 of rental income that was collected during the financial year by NCC that was transferred over in the following financial year.”
“Surplus of income over expenditure during the year is transferred to NCC’s General Fund for the improvement of the City of Nottingham and the public benefit of its inhabitants £571,000” — page 23
“Trade Debtors balances include £1,056,651.74 of rental income that was collected during the financial year by NCC that was transferred over in the following financial year.”
Structured financials (annual return, FY ending 31/03/2024)
Trustees
- COUNCILLORS OF NOTTINGHAM CITY COUNCIL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | — | — |
| 31/03/2024 | £1.8m | £1.4m |
| 31/03/2023 | £1.9m | £1.6m |
| 31/03/2022 | £1.9m | £1.4m |
| 31/03/2021 | £2.1m | £2.7m |
Common questions
Is BRIDGE ESTATE financially healthy?
Per its FY2024 accounts: The accounts state that the charity holds a substantial investment property portfolio valued at £25.36 million, though this reflects an £11.6 million non-cash revaluation loss. Per the trustees' report, the charity maintains positive cash balances of £1.48 million and net current assets of £0.75 million, providing sufficient liquidity to meet short-term liabilities. The trustees confirm that resources are adequate to fulfill obligations and have identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Rogers Spencer.
Who funds BRIDGE ESTATE?
Funders whose own accounts filings name BRIDGE ESTATE as a grant recipient include BANBURY CHARITIES.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| BANBURY CHARITIES | FY2023 | £4k | |
| BANBURY CHARITIES | FY2021 | £2k | Grant to institutions |
| BANBURY CHARITIES | FY2024 | £2k | Almshouse charity |
| BANBURY CHARITIES | FY2022 | £900 | Grant to institutions |
Charities like this
- THE BRIDGE CHARITY
- THE GUILD ESTATE ENDOWMENT
- COLLEGE ESTATE ENDOWMENT
- THE BRITFORD BRIDGE TRUST
- BRIDGE TO THE FUTURE
- THE GREAT STONE BRIDGE TRUST OF EDENBRIDGE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| BRIDGE ESTATE | £1.8m | — | 0 | unclear | — | no doubt |
| THE BRIDGE CHARITY | £133k | — | 0 | unclear | — | no doubt |
| THE GUILD ESTATE ENDOWMENT | £2.9m | — | 0 | above | — | no doubt |
| COLLEGE ESTATE ENDOWMENT | £1.0m | — | 0 | unclear | — | no doubt |
| THE BRITFORD BRIDGE TRUST | £883k | — | 0 | above | — | no doubt |
| BRIDGE TO THE FUTURE | £599k | — | 0 | above | — | no doubt |