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BRIDGEWOOD TRUST LIMITED

Registered charity 700843 · accounts filings on the Charity Commission register · also known as SOUTH KIRKLEES MENCAP, THE BRIDGEWOOD TRUST

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Latest income
£7.8m
Latest spending
£7.0m
Registered
1988
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that unrestricted general reserves stood at £6,795,242, which the trustees note is equivalent to 13.6 months of unrestricted expenditure. The charity reported a net incoming resource of £292,648 for the year, with total incoming resources increasing to £6,472,472. The trustees confirm that resources are adequate to continue as a going concern with no material uncertainties identified.

What the accounts disclose

Employees paid over £60,000: 2
“The number of employees who received total employee benefits (excluding employer pension costs) of more than £60,000 is as follows: 2023 Number 2” — page 31
Per its FY2023 accounts as filed with the Charity Commission.
Reserves policy: 13.6 months unrestricted, non-designated expenditure (held: £6.8m)
“Bridgewood Trust’s general reserves, defined as unrestricted funds not committed or invested in tangible or intangible fixed assets and including non-cash items, at 31 March 2023 stood at £6,795,242 equivalent to 13.6 months unrestricted, non-designated expenditure.” — page 12
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Purchase of vehicles from a company controlled by a Trustee
“During the year the charity purchased three vehicles costing £48,552 from The Small Auto Company Limited, a company controlled by one of the Trustees. There are no other related party transactions during the period (2022: £nil). The charity is controlled by the Trustees. No one Trustee has ultimate control.” — page 38
Per its FY2023 accounts as filed with the Charity Commission.
Trading subsidiary: Bridgewood Services Limited
“The charity has a trading subsidiary, Bridgewood Services Limited, a company limited by shares, registered company number 03045628.” — page 5
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Wheawill & Sudworth Limited. Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£7.8m
Total spending
£7.0m
Cost of raising funds
£651k
Reserves (reported)
£7.8m
Employees
143

Reported reserves equal ~13.5 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Care Quality Commission ratings

CQC inspection ratings for services run by a provider matching this charity’s name (matched by name; verify provider identity on CQC’s site).

Trustees

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

Operates in: Calderdale · Kirklees

Income and spending

Financial year endIncomeSpending
31/03/2025£7.8m£7.0m
31/03/2024£7.0m£6.5m
31/03/2023£6.5m£6.2m
31/03/2022£6.2m£5.7m
31/03/2021£6.2m£5.1m

Common questions

Is BRIDGEWOOD TRUST LIMITED financially healthy?

The accounts state that unrestricted general reserves stood at £6,795,242, which the trustees note is equivalent to 13.6 months of unrestricted expenditure. The charity reported a net incoming resource of £292,648 for the year, with total incoming resources increasing to £6,472,472. The trustees confirm that resources are adequate to continue as a going concern with no material uncertainties identified. Its FY2023 accounts were audited by Wheawill & Sudworth Limited.