The Bridge Association
Latest income
£1.2m
Latest spending
—
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that total funds increased to £824,830, with unrestricted reserves at £498,358. The charity reports no material uncertainties regarding its ability to continue as a going concern, citing continued support from Health & Social Care Trusts. However, unrestricted reserves were curtailed due to investments in a new building project, and the charity holds contingent liabilities of £281,213 related to grants subject to repayment conditions.
What the accounts disclose
Reserves position: below the charity's own stated policy
“At the year end the investment of cash resources in commencing our new building project meant that available unrestricted reserves were curtailed” — page 5
Per FY2025 accounts as filed with CCNI.
Payments to trustees: Joint Managing Directors (who are also Trustees) received remuneration.
“The Joint Managing Directors, who are also Trustees, receive remuneration at a level set by the Board. This remuneration is fully disclosed in these financial statements.” — page 6
Per FY2025 accounts as filed with CCNI.
Related-party transaction: Remuneration paid to family members of Directors
“Remuneration of £31,506 (2024: £29,714) was paid to a family member connected to one of the Directors, remuneration of £20,184 (2024: £16,455) was paid to two family members of another Director.” — page 24
Per FY2025 accounts as filed with CCNI.
Related-party transaction: Loan from a Director
“Remuneration of £31,506 (2024: £29,714) was paid to a family member connected to one of the Directors, remuneration of £20,184 (2024: £16,455) was paid to two family members of another Director.” — page 24
Per FY2025 accounts as filed with CCNI.
Employees paid over £60,000: 0
Per FY2025 accounts as filed with CCNI.
Independent examiner: Sumer AuditCo NI Limited
Per FY2025 accounts as filed with CCNI.