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THE BRIDGET ESPINOSA MEMORIAL TRUST

Registered charity 803577 · accounts filings on the Charity Commission register

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Latest income
£4.5m
Latest spending
£4.5m
Registered
1990
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the group reported a net surplus of £111,260 for the period ended 31 July 2023, with total income of £4,776,561 derived entirely from other trading activities. The group held unrestricted reserves of £1,313,117 at year-end, which the trustees describe as being maintained at a relatively low level to ensure timely distribution for charitable purposes.

What the accounts disclose

Reserves policy: relatively low level (held: £1.3m)
“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 8
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Adler Shine LLP. Discloses 3 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).

Trustees

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?

The accounts state that the group reported a net surplus of £111,260 for the period ended 31 July 2023, with total income of £4,776,561 derived entirely from other trading activities. The group held unrestricted reserves of £1,313,117 at year-end, which the trustees describe as being maintained at a relatively low level to ensure timely distribution for charitable purposes. Its FY2023 accounts were audited by Adler Shine LLP.