Charity Accounts Intelreading the accounts so you don’t have to

THE BRIDGET ESPINOSA MEMORIAL TRUST

Registered charity 803577 · accounts filings on the Charity Commission register

Scholarships to adult students and parent trust of dance school delivering up to degree education courses

Causes: General Charitable Purposes · Education/training · Get email alerts

Latest income
£4.5m
Latest spending
£4.5m
Registered
1990
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the group reported a net movement in funds of £41,394 for the year ended 31 July 2025, resulting in total unrestricted reserves of £866,258. The Trustees maintain a policy of keeping unrestricted and restricted funds at a relatively low level to ensure timely distribution for charitable purposes. The group relies on tuition fees from its trading subsidiary to cover operating costs and has confirmed adequate resources for going concern.

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

What the accounts disclose

Highest-paid employee band: £180,001 - £190,000 — above the 90th percentile for charities its size (median £70k)
“In the band £180,001 - £190,000 - 1” — page 27
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: relatively low level (held: £866k)
“The Trustees have established a policy whereby both unrestricted and restricted funds are maintained at a relatively low level. Such a policy ensures that funds received are distributed on a timely basis for the uses specified in the Charity's purposes.” — page 9
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Licence fees for intellectual property owned by Bridget Espinosa’s London Studio Centre Limited
“At the year end, £683,342 (2024 - £1,407,822) was included in other debtors in relation to licence fees for the use of intellectual property relating to the courses required to deliver the London Studio Centre's programme of education owned by Bridget Espinosa’s London Studio Centre Limited.” — page 38
“There were medical insurance charges during the period of £2,207 (2024: £6,169) relating to the director and £1,528 (2024: £4,681) relating to Nicola Espinosa (a member of the Senior Management Group, the governing body of London Studio Centre Limited).” — page 38
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Medical insurance charges for director and senior management
“At the year end, £683,342 (2024 - £1,407,822) was included in other debtors in relation to licence fees for the use of intellectual property relating to the courses required to deliver the London Studio Centre's programme of education owned by Bridget Espinosa’s London Studio Centre Limited.” — page 38
“There were medical insurance charges during the period of £2,207 (2024: £6,169) relating to the director and £1,528 (2024: £4,681) relating to Nicola Espinosa (a member of the Senior Management Group, the governing body of London Studio Centre Limited).” — page 38
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: London Studio Centre Limited
“The Trust currently has a trading subsidiary, London Studio Centre Limited, which provides educational dance courses to the beneficiaries of the charity.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Adler Shine LLP. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/07/2025)

Total income
£4.5m
Total spending
£4.5m
Cost of raising funds
£4.5m
Reserves (reported)
£867k
Employees
45

Reported reserves equal ~2.3 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Other trading activities (100% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Trustees · trustee networks

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

Operates in: Barnet

Income and spending

Financial year endIncomeSpending
31/07/2025£4.5m£4.5m
31/07/2024£4.5m£5.0m
31/07/2023£4.8m£4.7m
31/08/2022£4.5m£4.7m
31/08/2021£4.6m£4.5m

Common questions

Is THE BRIDGET ESPINOSA MEMORIAL TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the group reported a net movement in funds of £41,394 for the year ended 31 July 2025, resulting in total unrestricted reserves of £866,258. The Trustees maintain a policy of keeping unrestricted and restricted funds at a relatively low level to ensure timely distribution for charitable purposes. The group relies on tuition fees from its trading subsidiary to cover operating costs and has confirmed adequate resources for going concern. Its FY2025 accounts were audited by Adler Shine LLP.

What does the highest-paid employee of THE BRIDGET ESPINOSA MEMORIAL TRUST earn?

Per its FY2025 accounts, the highest-paid employee was in the £180,001 - £190,000 band.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE DOOUSS CHARITABLE TRUST1£100k
KEREN TRUST1£5k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with LEICESTER GRAMMAR SCHOOL TRUST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE BRIDGET ESPINOSA MEMORIAL TRUST£4.5m£180,001 - £190,000—unclear—no doubt
LEICESTER GRAMMAR SCHOOL TRUST FY2025£235.7m£190,001 - £200,000—unclear—no doubt
THE IRON BRIDGE TRUST FY2025£390k—0unclear—no doubt
OPEN AWARDS FY2025£2.7m——unclear—no doubt
EASTBROOK EDUCATION TRUST FY2025£2.0m—0unclear—no doubt
GJPS TRUST FUND FY2025£349k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.