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← Bridge Church Lincoln

2025-03-31-accounts

REGISTERED CHARITY NUMBER: 1052167

Trustees' Report and

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Bridge Church Lincoln

Wright Vigar Limited Chartered Accountants & Business Advisers 15 Newland Lincoln Lincolnshire LN1 1XG

Bridge Church Lincoln

Contents of the Financial Statements for the Year Ended 31 March 2025

Page
Trustees' Report 1 to 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Statement of Financial Position 6
Statement of Cash Flows 7
Notes to the Statement of Cash Flows 8
Notes to the Financial Statements 9 to 16
Detailed Statement of Financial Activities 17

Bridge Church Lincoln

Trustees' Report for the Year Ended 31 March 2025

The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit.

The objects of the church are for the benefit of the public:

(a) to advance the Christian faith in accordance with the statement in such ways and in such parts of the United Kingdom or the world as the church council from time to time may think fit;

(b) to relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods or services of any kind including through the provision of counselling and support in such parts of the United Kingdom or the world as the church council from time to time think fit; and

(c) to advance education in such ways and in such parts of the United Kingdom or the world as the church council from time to time may think fit.

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

This financial year once again saw continued growth in the partnerships and initiatives we engage with across the city.

Our NHS partnership continued on an upward curve, with 5 full-time Community Connectors further establishing their work across numerous wellbeing spaces in the city and county. The end of the financial year saw year 2 of a 3-year contract result in profitable and sustainable ventures at Bridge as well as our partner organisations.

Our Youth work has continued to incorporate drop-in sessions at our building, as well as local Primary Schools work - in particular, our work at Bishop King has seen much collaboration with the school. In addition to this, tentative links with another local Primary School (St Peter at Gowts) have started. We are still in the process of evaluating what our long-term strategy for funded youth and schools work looks like.

Our FiSH project continued to offer additional weeks of provision for families who needed help to feed their children during school holidays and continued to work together with other churches to ensure that local villages were also able to run the project.

Our Christmas Sack Project was a success once again with many families assisted from across the city. In terms of partnerships, these were as strong as ever and the number of referrals were higher than the previous year again.

Our Night Light Cafe continued to run on a Monday evening, with volunteers being trained in Mental Health First Aid and other suitable courses. The Twilight pilot scheme was extended, seeking to mirror the work of night light with young people and families. At the end of the financial year, it was confirmed that the pilot will run until March 2026.

Our staffing structures continue to evolve in order to meet the demands of our vision. More robust systems have been put in place to ensure staff wellbeing and accountability. The charity has a large team of volunteers without whose commitment of time the charity could not operate. The value of the services donated by volunteers is not included in the statement of financial activities.

We continue to be grateful for God's provision as well as the commitment from our church members.

Page 1

Bridge Church Lincoln

Trustees' Report for the Year Ended 31 March 2025

FINANCIAL REVIEW Financial position

The financial statements comply with statutory requirements.

The statement of financial activities on page 5 shows a total net expenditure of (£64,714) (2024: net income of £71,882). The church has continued to fund out of the general fund a variety of projects and activities, which are in line with its stated objectives. The level of activity for the year was satisfactory and the trustees believe that this will continue for the foreseeable future. The cumulative balance on the unrestricted general fund at the year-end was £361,227 (2024: £356,528).

The church is dependent upon the continued receipt of donated income and grants, there is also the opportunity to gain income through the rental of office space. At the year end the financial position of the church was satisfactory. The church receives a certain amount of voluntary help, it is not possible to quantify the value of the time given. We are extremely grateful to all our volunteers who help the church and its various activities to run smoothly.

Despite the fact that there are £361,227 of unrestricted reserves, the free reserves of the charity are (£10,691) which are made up of the unrestricted net liabilities of the charity.

Reserves policy

The Trustees' aim is to hold around £70,000 in reserves representing approximately three months' worth of expenses and redundancy costs. This should allow the Trustees time to take the necessary corrective action to gain funding should current income sources dry out.

FUTURE PLANS

Future plans based on recent meetings are:

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.

Organisational structure

Membership is open to any individual who; by grace has exhibited saving faith in Lord Jesus Christ; desires to worship and serve God in the context of the Statement; and is committed to promoting the Objects. Management of the Church is by the Church Council which will include the Senior Minister of the Church, the minimum number of members of the Church Council shall be three.

Induction and training of new trustees

The trustees will receive an induction, as a minimum requirement, the Commission's guidance on trusteeship and a copy of the governing documents.

Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

The trustees actively review the major risks which the charity face on a regular basis and believe that building reserves, combined with an annual review of the controls over key financial systems, will provide sufficient resources in the event of adverse conditions. The trustees have also examined other operational and business risks faced by the charity and confirm that they have established systems to mitigate the significant risks.

The charity has completed risk assessments in support of fire safety, health and safety, food hygiene and infection controls. Where risks have been identified, action has been taken to minimise them and insurance cover has been taken out where considered prudent.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number

1052167

Principal address

Bridge Central Portland Street Lincoln Lincolnshire LN5 7NN

Page 2

Bridge Church Lincoln

Trustees' Report

for the Year Ended 31 March 2025

Trustees

Mr D R Wade Mr A Askew Mr S Carter Ms A Shimada (appointed 16.10.24) Mr A Ndiweni (appointed 16.10.24)

Independent Examiner

Paul Colcomb FCCA Wright Vigar Limited Chartered Accountants & Business Advisers 15 Newland Lincoln Lincolnshire LN1 1XG

Bankers

HSBC Bank Plc 88 Westgate Grantham Lincolnshire NG31 6LF

TRUSTEES' RESPONSIBILITY STATEMENT

Trustees' responsibilities

Charity law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the charity's financial activities during the year and of its financial position at the end of the year (unless the charity is entitled to prepare accounts on the alternative receipts and payments basis). In preparing financial statements giving a true and fair view, the trustees should follow best practice and:

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy the financial position of the charity and which enable them to ascertain the financial position of the charity and which enable them to ensure that the financial statements comply with applicable law and regulations. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Internal control and risk management

The Trustees continue to monitor the major risks to which the charity is exposed and to keep under review the adequacy of the systems which they believe are adequate and appropriate to the size of the charity and the nature of its operations.

Approved by order of the board of trustees on 8 October 2025 and signed on its behalf by:

Mr D R Wade - Trustee

Page 3

Independent Examiner's Report to the Trustees of Bridge Church Lincoln

Independent examiner's report to the trustees of Bridge Church Lincoln

I report to the charity trustees on my examination of the accounts of Bridge Church Lincoln (the Trust) for the year ended 31 March 2025.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or

  2. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Paul Colcomb

Paul Colcomb (Oct 8, 2025 16:10:39 GMT+1)

Paul Colcomb FCCA

Wright Vigar Limited Chartered Accountants & Business Advisers 15 Newland Lincoln Lincolnshire LN1 1XG

8 October 2025

Page 4

Bridge Church Lincoln

Statement of Financial Activities for the Year Ended 31 March 2025

Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
125,579
Other trading activities
3
117,025
Total
242,604
EXPENDITURE ON
Charitable activities
4
Charitable activities
58,087
Support costs
180,571
Total
238,658
NET INCOME/(EXPENDITURE)
3,946
RECONCILIATION OF FUNDS
Total funds brought forward
356,528
TOTAL FUNDS CARRIED FORWARD
360,474		 Restricted
funds
£
622,388
-
622,388
589,962
101,086
691,048
(68,660)
110,801
42,141		 2025
Total
funds
£
747,967
117,025
864,992
648,049
281,657
929,706
(64,714)
467,329
402,615		 2024
Total
funds
£
737,309
116,771
854,080
509,027
273,171
782,198
71,882
395,447
467,329

The notes form part of these financial statements

Page 5

Bridge Church Lincoln

Statement of Financial Position 31 March 2025

2025 2024
Unrestricted Restricted Total Total
fund funds funds funds
Notes £ £ £ £
FIXED ASSETS
Tangible assets 9 587,364 - 587,364 588,204
CURRENT ASSETS
Debtors 10 10,550 - 10,550 6,705
Cash at bank and in hand 20,893 44,387 65,280 152,976
31,443 44,387 75,830 159,681
CREDITORS
Amounts falling due within one year 11 (42,887) (2,246) (45,133) (38,433)
NET CURRENT ASSETS (11,444) 42,141 30,697 121,248
TOTAL ASSETS LESS CURRENT LIABILITIES 575,920 42,141 618,061 709,452
CREDITORS
Amounts falling due after more than one year 12 (215,446) - (215,446) (242,123)
NET ASSETS 360,474 42,141 402,615 467,329
FUNDS 15
Unrestricted funds 360,474 356,528
Restricted funds 42,141 110,801
TOTAL FUNDS 402,615 467,329

The financial statements were approved by the Board of Trustees and authorised for issue on 8 October 2025 and were signed on its behalf by:

Mr D R Wade - Trustee

The notes form part of these financial statements

Page 6

Bridge Church Lincoln

Statement of Cash Flows for the Year Ended 31 March 2025

Notes
Cash flows from operating activities
Cash generated from operations
1
Net cash (used in)/provided by operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Net cash (used in)/provided by investing activities
Cash flows from financing activities
Loan repayments in year
Net cash used in financing activities
Change in cash and cash equivalents in
the reporting period
Cash and cash equivalents at the
beginning of the reporting period
2
Cash and cash equivalents at the end of
the reporting period
2		 2025
£
(61,518)
(61,518)
(5,488)
(5,488)
(21,443)
(21,443)
(88,449)
152,976
64,527		 2024
£
78,715
78,715
-
-
(21,226)
(21,226)
57,489
95,487
152,976

The notes form part of these financial statements

Page 7

Bridge Church Lincoln

Notes to the Statement of Cash Flows for the Year Ended 31 March 2025

1. RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

ACTIVITIES
2025 2024
£ £
Net (expenditure)/income for the reporting period (as per the
Statement of Financial Activities) (64,714) 71,882
Adjustments for:
Depreciation charges 6,328 5,381
Increase in debtors (3,845) (1,366)
Increase in creditors 713 2,818
Net cash (used in)/provided by operations (61,518) 78,715
2. ANALYSIS OF CASH AND CASH EQUIVALENTS
2025 2024
£ £
Cash in hand 21 -
Notice deposits (less than 3 months) 65,259 152,976
Overdrafts included in bank loans and overdrafts falling due within one year (753) -
Total cash and cash equivalents 64,527 152,976
3. ANALYSIS OF CHANGES IN NET DEBT
At 1.4.24 Cash flow At 31.3.25
£ £ £
Net cash
Cash at bank and in hand 152,976 (87,696) 65,280
Bank overdraft - (753) (753)
152,976 (88,449) 64,527
Debt
Debts falling due within 1 year (30,344) (5,234) (35,578)
Debts falling due after 1 year (242,123) 26,677 (215,446)
(272,467) 21,443 (251,024)
Total (119,491) (67,006) (186,497)

The notes form part of these financial statements

Page 8

Bridge Church Lincoln

Notes to the Financial Statements for the Year Ended 31 March 2025

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

Income

Recognition of Income

These are included in the Statement of Financial Activities (SoFA) when:

Grants and Donations

Grants and donations are only included in the SoFA when the general income recognition criteria are met.

Tax reclaims on donations and gifts

Gift Aid receivable is included in income when there is a valid declaration from the donor.

Contractual income and performance related grants

This is only included in the SoFA once the charity has provided the related goods or services or met the performance related conditions.

Donated goods

The value to the charity of the donated goods sold is recognised as income when sold. The proceeds of sale are categorised as 'Community Venue & Hub' in the SoFA.

Volunteer help

The value of any voluntary help received is not included in the accounts but is described in the Trustees annual report.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

life.
Freehold property - No depreciation due to the land the church is built on being worth more
alone than with the church included
Improvements to property - 10%/25% on reducing balance and 10%/20% on cost
Plant and machinery - 20% on cost
Computer equipment - 33% on cost

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Page 9

continued...

Bridge Church Lincoln

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

2. DONATIONS AND LEGACIES

2025
£
Gift aid
32,853
Grants
563,642
Offerings
134,332
Donations
5,132
FISH income
742
Christmas sacks
11,166
Other income
100
747,967
Grants received, included in the above, are as follows:
2025
£
Other grants
563,642
Unrestricted
Restricted
Grants
ACTS Trust
-
41,494
Assemblies of God
-
1,500
BNA
-
1,000
Dawber Trust
-
5,000
Lincoln City Council
6,167
105,214
NHS
-
379,739
Shine
-
18,750
Totals
6,167
557,475
3.
OTHER TRADING ACTIVITIES
2025
£
Community venue and hub
32,476
Rent & hire of buildings
84,549
117,025
4.
CHARITABLE ACTIVITIES COSTS
Support
Direct
costs (see
Costs
note 5)
£
£
Charitable activities
648,049
-
Support costs
-
281,657
648,049
281,657		 2025
£
Gift aid
32,853
Grants
563,642
Offerings
134,332
Donations
5,132
FISH income
742
Christmas sacks
11,166
Other income
100
747,967
Grants received, included in the above, are as follows:
2025
£
Other grants
563,642
Unrestricted
Restricted
Grants
ACTS Trust
-
41,494
Assemblies of God
-
1,500
BNA
-
1,000
Dawber Trust
-
5,000
Lincoln City Council
6,167
105,214
NHS
-
379,739
Shine
-
18,750
Totals
6,167
557,475
3.
OTHER TRADING ACTIVITIES
2025
£
Community venue and hub
32,476
Rent & hire of buildings
84,549
117,025
4.
CHARITABLE ACTIVITIES COSTS
Support
Direct
costs (see
Costs
note 5)
£
£
Charitable activities
648,049
-
Support costs
-
281,657
648,049
281,657		 2025
£
32,853
563,642
134,332
5,132
742
11,166
100
747,967
2025
£
563,642		 2024
£
26,807
560,817
112,504
6,386
17,701
12,496
598
737,309
2024
£
560,817
Total
- 41,494 41,494
- 1,500 1,500
- 1,000 1,000
- 5,000 5,000
6,167 105,214 111,291
- 379,739 400,475
- 18,750 25,000
6,167 557,475 563,642
Direct
Costs
£
648,049
-
648,049		 2025
£
32,476
84,549
117,025
Support
costs (see
note 5)
£
-
281,657
281,657		 2024
£
34,851
81,920
116,771
Totals
£
648,049
281,657
929,706

Page 10

continued...

Bridge Church Lincoln

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

5. SUPPORT COSTS

Support costs

Other £ 281,657

Included in accountancy is independent examination costs amounting to £4,750 The remaining costs are all for the charity's bookkeeping and statutory accounts.

Support costs, included in the above, are as follows:

Ministry & gifts
Repairs & maintenance
Equipment & furniture
Tech
Office costs
Rent - Dunston House
Bridge youth & kids
Subscriptions
Training, conferences & travel
Sundries
Loan interest & bank charges
Insurance
Depreciation
Accountancy
Utilities & alarms
Consumables		 2025
Support
costs
£
17,942
60,030
6,694
17,694
3,872
60,833
576
11,174
5,840
60
11,130
5,141
6,328
12,958
50,540
10,845
281,657		 2024
Total
activities
£
7,601
81,976
3,303
2,706
5,191
60,000
680
8,378
11,010
1,160
10,471
5,238
5,381
7,955
51,687
10,434
273,171

6. TRUSTEES' REMUNERATION AND BENEFITS

One trustee, David Wade has received a salary of approximately £36.5k during the 12 months for his role as Church Minister employed by the charity. He is not directly remunerated for this role as a trustee of the charity.

No other trustees received remuneration.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.

During the year costs were paid to a trustee amounting to £753 in relation to a holiday to celebrate the 20 year anniversary of leading Bridge Church.

7. STAFF COSTS

£ £
2025 2024
Wages and salaries 318,221 274,992
Social security costs 21,682 17,864
Other pension costs 5,316 4,425
Self employed services 40,144 23,547
Total 385,363 320,828

The average monthly number of employees during the year was as follows:

2025 2024
Employee's 14 8

No employees received emoluments in excess of £60,000.

Page 11

continued...

Bridge Church Lincoln

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

8.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
128,456
Other trading activities
116,771
Total
245,227
EXPENDITURE ON
Charitable activities
Charitable activities
42,828
Support costs
187,189
Total
230,017
NET INCOME
15,210
RECONCILIATION OF FUNDS
Total funds brought forward
341,318
TOTAL FUNDS CARRIED FORWARD
356,528
9.
TANGIBLE FIXED ASSETS
Improvements
Freehold
to
Plant and
property
property
machinery
£
£
£
COST
At 1 April 2024
564,765
17,132
13,765
Additions
-
-
5,488
At 31 March 2025
564,765
17,132
19,253
DEPRECIATION
At 1 April 2024
-
4,126
3,332
Charge for year
-
2,916
3,412
At 31 March 2025
-
7,042
6,744
NET BOOK VALUE
At 31 March 2025
564,765
10,090
12,509
At 31 March 2024
564,765
13,006
10,433		 Restricted
funds
£
608,853
-
608,853
466,199
85,982
552,181
56,672
54,129
110,801
Computer
equipment
£
294
-
294
294
-
294
-
-		 Total
funds
£
737,309
116,771
854,080
509,027
273,171
782,198
71,882
395,447
467,329
Totals
£
595,956
5,488
601,444
7,752
6,328
14,080
587,364
588,204		 Total
funds
£
737,309
116,771
854,080
509,027
273,171
782,198
71,882
395,447
467,329

The registered owners of the freehold property are Malcolm Davies, Arthur John Fee & Kenneth Aubrey Morgan (ex trustees), who by virtue of owning the property are custodians of the charity. The charity actually has ownership of the church but the title deeds need to be updated and will be in due course.

Page 12

continued...

Bridge Church Lincoln

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

10.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Other debtors
11.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Bank loans and overdrafts (see note 13)
Other creditors
12.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
Bank loans (see note 13)
13.
LOANS
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Bank overdrafts
Bank loans
Amounts falling due between two and five years:
Bank loans - 2-5 years
14.
SECURED DEBTS
The following secured debts are included within creditors:
Bank loans
£231,119 - mortgage loan secured against the freehold property
The remaining loan amounts is not secured.		 2025
£
7,874
2,676
10,550
2025
£
36,331
8,802
45,133
2025
£
215,446
2025
£
753
35,578
36,331
215,446
2025
£
251,024		 2024
£
3,128
3,577
6,705
2024
£
30,344
8,089
38,433
2024
£
242,123		 2024
£
3,128
3,577
6,705
2024
£
30,344
8,089
38,433
2024
£
-
30,344
30,344
242,123
2024
£
-

Page 13

continued...

Bridge Church Lincoln

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

15. MOVEMENT IN FUNDS

Unrestricted funds
General fund
Restricted funds
Baby baskets
Christmas sack appeal
Community
Food in school holidays
NHS Lincolnshire
Transform Lincoln
Vision offering
Warm Welcome
Wellbeing fund
Youth and Kids fund
TOTAL FUNDS
Net movement in funds, included in the above are
Unrestricted funds
General fund
Restricted funds
Baby baskets
Christmas sack appeal
Community
Food in school holidays
NHS Lincolnshire
Transform Lincoln
Vision offering
Warm Welcome
Wellbeing fund
Youth and Kids fund
TOTAL FUNDS		 At 1.4.24
£
356,528
4,861
2,227
9,754
5,473
56,515
398
17,874
789
7,738
5,172
110,801
467,329
as follows:		 Net
movement
in funds
£
3,946
(1,471)
4,132
(16,836)
20,343
(36,469)
(790)
(20,174)
(649)
(5,136)
(11,610)
(68,660)
(64,714)
Incoming
resources
£
242,604
3,012
18,666
67,125
43,610
380,077
1,205
43,282
-
23,917
41,494
622,388
864,992		 Transfers
between
At
funds
31.3.25
£
£
-
360,474
(1,362)
2,028
(3,858)
2,501
13,205
6,123
(21,518)
4,298
-
20,046
443
51
3,139
839
(140)
-
-
2,602
10,091
3,653
-
42,141
-
402,615
Resources
Movement
expended
in funds
£
£
(238,658)
3,946
(4,483)
(1,471)
(14,534)
4,132
(83,961)
(16,836)
(23,267)
20,343
(416,546)
(36,469)
(1,995)
(790)
(63,456)
(20,174)
(649)
(649)
(29,053)
(5,136)
(53,104)
(11,610)
(691,048)
(68,660)
(929,706)
(64,714)

Page 14

continued...

Bridge Church Lincoln

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

15. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Unrestricted funds
General fund
Restricted funds
Baby baskets
Christmas sack appeal
Community
Food in school holidays
Kitchen & Cafe
NHS Lincolnshire
Transform Lincoln
Vision offering
Warm Welcome
Wellbeing fund
Youth and Kids fund
TOTAL FUNDS		 At 1.4.23
£
341,318
6,097
7,687
4,927
5,786
3,000
303
2,171
11,606
-
8,301
4,251
54,129
395,447		 Net
movement
in funds
£
15,210
(1,236)
(5,460)
4,827
(313)
(3,000)
56,212
(1,773)
6,268
789
(563)
921
56,672
71,882		 At
31.3.24
£
356,528
4,861
2,227
9,754
5,473
-
56,515
398
17,874
789
7,738
5,172
110,801
467,329

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Baby baskets
Christmas sack appeal
Community
Food in school holidays
Kitchen & Cafe
NHS Lincolnshire
Transform Lincoln
Vision offering
Warm Welcome
Wellbeing fund
Youth and Kids fund
TOTAL FUNDS		 Incoming
resources
£
245,227
5,894
12,496
75,122
17,701
-
400,475
443
14,000
35,990
29,670
17,062
608,853
854,080		 Resources
Movement
expended
in funds
£
£
(230,017)
15,210
(7,130)
(1,236)
(17,956)
(5,460)
(70,295)
4,827
(18,014)
(313)
(3,000)
(3,000)
(344,263)
56,212
(2,216)
(1,773)
(7,732)
6,268
(35,201)
789
(30,233)
(563)
(16,141)
921
(552,181)
56,672
(782,198)
71,882		 Resources
Movement
expended
in funds
£
£
(230,017)
15,210
(7,130)
(1,236)
(17,956)
(5,460)
(70,295)
4,827
(18,014)
(313)
(3,000)
(3,000)
(344,263)
56,212
(2,216)
(1,773)
(7,732)
6,268
(35,201)
789
(30,233)
(563)
(16,141)
921
(552,181)
56,672
(782,198)
71,882
56,672
71,882

Details of the specific funds are outlined below

Baby Baskets - This fund is for the running costs of Baby's Basket which exists to provide Lincolnshire parents who are struggling financially with a Moses' basket of baby items to help them in the first few weeks of parenthood.

Christmas Sack Appeal - This fund is for the running costs of the Christmas Sack Project which helps individuals and families in the Lincoln area with Christmas Gifts where they would struggle to purchase them themselves.

Community - This fund is for various externally funded projects that fall into the category of serving the local community.

Page 15

continued...

Bridge Church Lincoln

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

15. MOVEMENT IN FUNDS - continued

NHS - This is a specific NHS funded contract relating to the provision of mental health wellbeing spaces in Lincoln City and the surrounding villages

Warm Welcome - this fund relates to the provision of warm packs for families in need during the winter months

Food In School Holidays - This fund is for the running costs of the FiSH project which provides food vouchers for families who are at risk of food poverty during the summer holidays in Lincoln.

Transform Lincoln - This fund is for the running costs of Transform Lincoln which exists to mobilise and equip all Christians within local churches, organisations, workplaces, and communities, enabling them to collaborate and leverage their resources for greater influence.

Wellbeing Fund - This fund provides salaries for 2 employees to run wellbeing spaces within the organisation

Youth & Kids Fund - This fund is for the running of Twilight Café, commissioned by the NHS through Acts Trust which is a mental wellbeing café for young people and their families. It also includes the funding received for our community work with young people - providing a youth drop in space once a week.

Vision offering - was a targeted offering for some renovations to one of our buildings in preparation for Sunday services resuming in that location - as such, anything given was ringfenced for this specific purpose.

Transfers between funds - this represents items where income and or expenses have been included within one fund but represent various fund types and the transfers ensure the correct fund position at the year end date.

16. EMPLOYEE BENEFIT OBLIGATIONS

The charity operates a defined contribution pension scheme. Contributions payable to the charities pension scheme are charged to profit or loss in the period to which they relate.

17.

RELATED PARTY DISCLOSURES

During the year costs were paid to a trustee, including a family member of that trustee amounting to £753 in relation to a holiday to celebrate the 20 year anniversary of leading Bridge Church.

Page 16

Bridge Church Lincoln

Detailed Statement of Financial Activities for the Year Ended 31 March 2025

INCOME AND ENDOWMENTS
Donations and legacies
Gift aid
Grants
Offerings
Donations
FISH income
Christmas sacks
Other income
Other trading activities
Community venue and hub
Rent & hire of buildings
Total incoming resources
EXPENDITURE
Charitable activities
Wages
Project costs
Support costs
Other
Ministry & gifts
Repairs & maintenance
Equipment & furniture
Tech
Office costs
Rent - Dunston House
Bridge youth & kids
Subscriptions
Training, conferences & travel
Sundries
Loan interest & bank charges
Insurance
Depreciation
Accountancy
Utilities & alarms
Consumables
Total resources expended
Net (expenditure)/income		 2025
£
32,853
563,642
134,332
5,132
742
11,166
100
747,967
32,476
84,549
117,025
864,992
385,363
262,686
648,049
17,942
60,030
6,694
17,694
3,872
60,833
576
11,174
5,840
60
11,130
5,141
6,328
12,958
50,540
10,845
281,657
929,706
(64,714)		 2024
£
26,807
560,817
112,504
6,386
17,701
12,496
598
737,309
34,851
81,920
116,771
854,080
320,828
188,199
509,027
7,601
81,976
3,303
2,706
5,191
60,000
680
8,378
11,010
1,160
10,471
5,238
5,381
7,955
51,687
10,434
273,171
782,198
71,882

This page does not form part of the statutory financial statements

Page 17