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Annual Report 2023
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Just a big thank you to New Bridge staff and befrienders who continue to be a light of friendship and support in a very dark place to so many prisoners across the prison estate and please keep up the good work.
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Foreword
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2023 was a busy year at New Bridge. We saw increased demand for our service, now reaching people in 70% of prisons in England and Wales . We were able to manage the 53% rise in prisoner applications thanks to our work preparing for increased scale, but were of course troubled by the evident increase in people feeling isolated and cut off from the outside world that this scaling up evidenced. Inevitably, increased delivery of our service means increased costs, so fundraising remains a vital priority for the charity to be able to continue to deliver where we are needed most.
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They make me feel I am worth something and not just a prison number.
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Professor David Wilson - July 2023
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We were pleased to see a 54% increase in the number of prison visits our volunteers made, since we know that this in-person contact is so meaningful for the people we support.
We have food and drink and really good chats & laughs. She makes me feel human and accepted.
- My befriender is awesome, she is kind and offers advice when I need it. I look forward to her visits when we can chat about anything. I feel a lot more hopeful and de-stressed since having a befriender and promote it to others. It helps normalise my behaviour and makes me certain I won’t offend again.
Our Volunteer Conference last summer saw our befriender community come together to hear from a range of inspiring speakers, including Professor David Wilson, our Vice President. David spoke about his belief that current prison conditions do not serve to rehabilitate people, with a lack of much-needed services around drug & alcohol treatment, mental health support and suitable post-release housing which in turn contributes to communities becoming more dangerous. However he asserted that “The value of a non-judgemental and consistent contact in the outside world for those in prison cannot be underestimated,
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2
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Conference group
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both in terms of the impact on the prisoner and the impact on society. New Bridge volunteers do amazing work, and I am very proud to be their Vice President.” The conference also gave us the opportunity to celebrate our wonderful volunteer community, and particularly to mark some very impressive milestones, with six long-service awards – four for 10 years and two for 20 years!
We were delighted to be joined by new volunteers from across the country, with our community swelling by 32% over the course of the year. This enabled us to make 309 new volunteer/prisoner matches during the course of the year.
Internally we spent time overhauling our operations, modernising and digitising systems and processes in order to enable us to continue to grow to meet increased demand over the coming years.
Our new impact measure and revamped service evaluation (in partnership with Arden University) gave us valuable insight into how our befriending service is received – what people find most valuable and what we can do to improve. Perhaps unsurprisingly,
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Volunteer award winners
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the key message from the evaluation was that the non-judgemental nature of volunteers was a breath of fresh air , and provided people with the opportunity to see themselves from new perspectives, and to imagine new possibilities for their future. Being nonjudgemental is our biggest core value as a charity, and every year we have its impact reflected back at us through the service evaluation: allowing people to explore their identity not tethered to their offence helps them to understand that they are capable of being rehabilitated and adopting a new lifestyle after their release.
2024 looks set to be another year of record numbers of applications from people in prison, and we are working hard to manage this so that every person who needs us can access the support that a befriender brings. We’d like to end with a huge thanks to all of our volunteers, and we include our Trustees and our special staff team who make such a difference to individual prisoners’ lives.
Helen Boothman Lucy Ball Chair CEO
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3
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Who We Are
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The New Bridge Foundation is a charity which was founded in 1956 with the intention of using volunteers to support people in prison to resettle back into the community after release, by prominent prison reformer Lord Longford. Over the years we have run a variety of additional projects to support people to this end, including Through The Gate programmes and family support programmes. However our core offering since our inception has been a befriending service delivered by volunteers, which we continue to run today. For nearly 70 years, our volunteers have offered a bridge to the outside world to people serving prison sentences across England and Wales by offering non-judgemental social contact to some of the most isolated and vulnerable in our society.
Our vision:
Every person in prison feels a meaningful connection to the outside world.
Our mission:
We match people in prisons with trained volunteers who offer long-term support through a combination of correspondence and visits. This provides people in prison with a bridge to the outside world, along with an increased sense of value and potential for their future.
Our values:
Non-judgemental
We are proud to have Michael Spurr, CB (former CEO, HMPPS) as our President, and Professor David Wilson (criminologist, author and former prison governor) and Reverend Jonathan Aitken as our Vice Presidents, as well as a royal patron in HRH Princess Alexandra.
We believe every person has value.
Inclusive
We accept applications from any person in prison, and any volunteer who shares our values.
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My New Bridge befriender is very encouraging and supportive, he is a good person and seems to accept that my crime does not define me. He has shown me that I am worth knowing and that I can achieve a better life.
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Independent
We are wholly separate from and not influenced by the criminal justice system.
Prisoner-led
Our volunteers shape their support, correspondence and visits around the needs of the person they support.
Constant
We provide a reliable connection between those inside and outside prison.
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4
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Volunteering Fair at Leeds Beckett University
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What we do
Every person we support is matched with a trained volunteer, with whom they communicate through letters or emails. Once they have been writing for at least 6 months, the volunteer can start visiting the person in prison, making 3-4 visits per year.
Every volunteer is part of a Volunteer Support Group, which is Chaired by an experienced volunteer. Each group meets once per month and every group member attends to discuss their correspondence and visits and have the opportunity to raise any concerns about the relationship or the prisoner’s welfare in a friendly and supportive atmosphere. Support groups are spread across the country, and volunteers can choose to join one locally that meets in person, or one that meets via zoom with volunteers from across the country.
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Information session at the
University of Buckingham
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Volunteering Fair at the
University of Manchester
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Volunteers visit HMP Grendon
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2023 in Numbers
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We ended
the year with
575
befriended across
prison
sites
86
people
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12,958 hours were spent volunteering (up from 6,561 in 2022)
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We received 300 applications from people in prison (up from 196 in 2022)
309 people in prison were matched with a volunteer (up from 170 in 2022)
We received 259 applications from volunteers (up from 103 in 2022)
Volunteers made 267 prison visits (up from 100 in 2022)
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We trained 172 people
10,472 letters and emails were exchanged between people in prison and their volunteer (up from 9,884 in 2022)
521 phone calls were made (up from 470 in 2022)
(up from 26 in 2022)
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6
Strategy Progress
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It’s made me think to myself that I’m a better person and I can turn my life around thanks to my befriender.
In 2022 New Bridge staff, Trustees and volunteers came together to create a new strategy to take the charity through the next 3 years. We set ourselves the very ambitious target to more than double our number of service users by the end of 2025, supporting 1,200 people. We made good progress towards this goal last year, shoring up the foundations for growth by modernising systems and streamlining processes. We also focused on driving up the number of volunteers, so that we are ready to befriend more isolated people in prison. 259 people applied to join our volunteer community, a rise of 151% on 2022, in large part due to our successful outreach work building relationships across universities, including The University Of Buckingham, Coventry University and Royal Holloway University of London. This meant we were able to match more people in prison with a befriender, with the result that people spent much less time on the waiting list, down to an average of 36 days (from 3 months) – because we want to reduce the amount of time people endure isolation.
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1,400
Matched prisoners at year end
1,200
1,000
800
600
400
200
0
2022 2023 2024 (target) 2025 (target)
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We also increased our income and started to diversify, with a healthy mix of donations from Grant Making Trusts, individuals and volunteers. We have stretching targets for the next two years as we seek to both scale up, and drive down the cost per service user.
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£400,000
Income
£350,000
£300,000
£250,000
£200,000
£150,000
£100,000
£50,000
0
2022 2023 2024 (target) 2025 (target)
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How can you help us to support more isolated people in prison?
-
Donate: help us meet our income targets so that we can manage the costs of growing newbridgefoundation.org.uk/donate
-
Fundraise: organise an activity or event to raise funds and awareness of work newbridgefoundation.org.uk/fundraise
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-
Volunteer: sign up to become a befriender newbridgefoundation.org.uk/volunteer
-
Spread the word about our work
-
Recommend volunteering to friends
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Speak to your employer about entering into a volunteering partnership with your workplace
-
Nominate us for your workplace’s Charity of the year
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7
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Service Users
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Our service is person-centred rather than placebased, so we accept applications from any person in any prison in England and Wales. This also means that volunteers will continue to support the person wherever they may get transferred across the prison estate. We know this sense of continuity and belonging is important to the people we support, who can often lose access to good support (through prison staff or other charities) when they move prisons.
During 2023 we received new applications from 300 people in prison (a rise of 53%), and over the course of the year we made 309 new service user/volunteer matches .
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Prison is incredibly isolating and many prisoners only talk about prison life. My befriender allows me to remain connected with an intelligent external perspective and a depth that is nearly impossible here.
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4%
4% 5%
5%
Ethnicity
82%
0% Other Asian/Asian British
White British Black/Black British
White Other Mixed
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We know that our service users value having a befriender, and the connection that our volunteers provide. They are also happy to recommend us to others: around 30% of the people we support heard about us through another service user:
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I would just like to say that I think the service that you offer is amazing and I try to promote your services wherever I go.
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Recently I have realised how important the service is to my emotional wellbeing. Writing gives me focus, an outlet and structure, and something to do. I enjoy reading my befriender’s letters, and she likes, I hope, reading mine.
Once a person has applied to join our service, we are committed to supporting them for the long-term. Whilst they are on the waiting list for a volunteer we will send them regular letters, along with birthday and Christmas cards. If a service user’s befriender decides at any point that they are no longer able to volunteer, then we will match them up with a new befriender as soon as possible.
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When I first came into prison I didn’t have much hope in my life. After having my befriender it gave me so much hope for my future. She has always listened and has always been caring. If I hadn’t joined this service I don’t think I would be where I am now.
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8
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4%
6%
5%
31%
16%
Age
16%
22%
0% 18-20 40-49
21-24 50-59
25-29 60-69
30-39 70+
2%
1%
2%
1%
4%
Offence 30%
Type
60%
0% Misc against society Criminal damage
& arson
0% Summary non-motoring
Unknown
0% Possession of weapons
Robbery
Drug
Violence
Theft
Sexual
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1%
3%
6%
5%
12%
38%
Sentence
Length
12%
5%
18%
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0% 6 months - 1 year 7-10 years
1-2 years 10-14 years
2-4 years 14+ years
4-5 years Extended
determinate
5-7 years
Indeterminate
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2%
3%
Gender
95%
Male Female Transgender
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9
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Service Evaluation
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As part of our strategic goal to better understand and deepen our impact, we conducted our first Service Evaluation in partnership with the School of Criminal Justice at Arden University. This involved designing a questionnaire which would provide data on both users’ experience of our service, but also their perceptions of how they had experienced any changes as a result of being supported by a volunteer.
We were delighted to see the following results:
Q. Have you noticed any changes in the way you feel about getting through your sentence as a result of getting a New Bridge befriender?
87%
felt better or much better
Q. Have you noticed any changes in the way you feel about the future as a result of getting a New Bridge befriender?
79%
felt better or much better
Q. Have you noticed any changes in how connected you feel to the outside world as a result of getting a New Bridge befriender?
79%
felt better or much better
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Q. Have you noticed any changes in the way you feel about yourself as a result of getting a New Bridge befriender?
79%
felt better or much better
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We know that the development of pro-social attitudes and the improvement of self-image are continually linked with successful rehabilitation and reduction in reoffending, so we are pleased to know that our service is having this impact. Many respondents reflected on how their volunteer had helped them to change, by considering their future and the kind of life they would like to live. They credit them with helping them to see beyond their convictions to the opportunities for change that are available to them.
Many of the respondents reported having limited contact with family or friends:
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I lost all my friends and family when I came to prison, so they make a chance for people like me to rebuild their lives and have contact with someone.
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I get visits once every three months which makes me feel a bit normal while being in prison as I not got family coming to visit me or friends and partner.
However, even those with some family contact articulated the difference their volunteer made in enabling them to authentically express their feelings and emotions:
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I can talk to him/her about things that I don’t want to talk to my family about because I don’t want to upset my parents.
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10
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We were also interested to hear the range of topics that respondents reported discussing in their conversations with befrienders:
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Topic Frequency Topic Frequency
Prison Life 118 Art & Craft 8
My Future 116 Befriender’s Life 7
TV 106 Gardening 7
Music 97 Health & Wellbeing 7
Sport 64 Movies 5
Politics 57 University/Education 5
Holidays/Travel 17 Walking 5
Work and Employment 13 Nature 4
Family 12 Business & Economy 3
Religion/Faith 11 Cost of Living 3
Hobbies 10 Poetry/Writing 3
Life in General 10 Clothes 2
Animals/Pets 9 Reading 2
Books 9 Gaming 1
Food/Cookery 9 Sexuality 1
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You can read the full report on our website:
www.newbridgefoundation.org.uk/pages/category/service-evaluation-reports
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11
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Volunteers
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In the last letter the person I write to told me “thank you for being my friend” and it was lovely to hear that the letters mean so much to him. He also said he has the birthday card and Christmas card from me stuck up on his wall.
Support group locations
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Our volunteers come from all walks of life, but have one thing in common: a belief in our mission.
Our volunteers are on the frontline of our work, delivering constant, reliable support to our service users. They give their time and compassion through the highs and lows experienced by the people they support.
In turn, we ensure that our volunteers are supported: each person is a member of a volunteer support group which meets once per month and provides the opportunity to discuss their correspondence and visits and raise any concerns about the relationship or the person in prison’s welfare in a friendly and encouraging environment. Support groups are spread across the country, with a mixture of virtual and in-person settings.
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We recruit and train volunteers all year round. If you are interested in volunteering with us (or know someone who might be) then you can find more information and our online application form: newbridgefoundation.org.uk/volunteer
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I’ve now had two prisoners show so much gratitude and appreciation for having a befriender and have thanked me personally for my support with no judgement in a world where they are subject to a lot of judgement and have wanted to stay in touch after their release to let me know how they are getting one. One prisoner said that my support has helped them open up and acknowledge their feelings rather than keep them bottled up and seek help where and when needed. Its helped them gain a more positive outlook on life for their future.
Our volunteering offer is very flexible, with letters and visits being organised around each volunteer’s own schedule. This flexibility has helped people to continue in their role for long periods of time, fitting it in around their work, studies and personal lives. We gave out long service awards in 2023 to 4 volunteers celebrating 10 years with us, and 2 who had reached 20 years! This long service is testament not only to the flexibility of the role, but also to the enjoyment that volunteers draw from building long-standing social connections with the people they support.
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I now can’t imagine not volunteering with New Bridge, so I think you’ve got me for the foreseeable. Thanks for all you do.
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4%
10% 7%
28% 31%
14% 11%
Age Tenure
8%
18%
6%
11% 23% 29%
18-24 45-54 65-74 Less then 1 year 6-9 years
25-34 55-64 75+ 1-2 years 10-15 years
35-44 3-5 years 16+ years
1% 1% 1% 3%
5%
21% 1% 7%
10%
Gender
Ethnicity
73%
77%
Female Prefer not to say
Other Asian/Asian British
Male Transgender
White British Black/Black British
Other
White Other Mixed
(Please specify)
Prefer not to say
13
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Volunteer Survey
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We surveyed our volunteers at the end of the year to gather their feedback on their experience with New Bridge.
We were delighted that 97% of respondents were satisfied or very satisfied with their experience , and 98% would recommend volunteering with us to other people.
We asked respondents what their favourite thing about volunteering with New Bridge was.
The key recurring themes were:
-
Making a difference to someone, especially those who may feel forgotten by society
-
Getting to know new people – both prisoners and volunteers
-
Flexibility
-
Receiving letters
-
Sense of community
-
Meeting like-minded people
-
How easy and straightforward everything is
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How satisfied are you with
your volunteering experience?
1%
2% Dissastisfied 0%
Neither Very
satisfied nor dissatisfied
unsatisfied
39%
58%
Satisfied
Very satisfied
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How likely would you be to recommend
volunteering with New Bridge to
other people?
1%
Unlikely 0%
1%
Neither likely Very unlikely
nor unlikely
38%
60%
Likely
Very likely
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Respondents shared some of the positive experiences they have had whilst volunteering:
I have befriended Tony for 14 years of his 40 year term in prison. I was his only visitor as his Mother died and his Father was elderly and lived at a distance. He was finally released and is now living independently in a flat for the elderly. He has become confident and can manage most aspects of his life. He continues to email me to ask questions and celebrate his achievements. I am very proud of Tony’s achievements.
I find the open way prisoners share their experiences and feelings a privilege and find that they are interested in my life too.
One of my three got into Parkrun whilst inside which, at the time, I was doing off and on. We had an agreement that when he got released we would do a Parkrun together and we both kept our side of the bargain. The ex-prisoner was my pacemaker and got me round in a faster time than otherwise I would have done by myself! We celebrated with coffee and cake.
I received a tea-bag in a letter at Christmas time with the message ‘have a drink on me’!
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One of my prisoners has opened my eyes to the beauty of poetry. Another has amused me to the point of laughing out loud with tales of his life behind bars and how he and his friends make the time bearable. The third has filled me with joy by overcoming a blip in his progression. His dedication to working through the therapy is not easy for him - he has made me proud of him.
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15
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Volunteer Profile
Having worked for many years in the field of mental health I didn’t expect any surprises when I signed up to be a befriender with New Bridge. How wrong could I be. Yes, there are mental health issues a plenty for the people in prison but those I’ve had contact with seem to have little or no expectation of getting any help with their problems.
help them through. It’s a miracle that they manage as well as they do. Human kindness goes a long way in prison.
The prison system from every angle is creaking. The really appalling circumstances that many prisoners experience reflects this.
Some people in prison will volunteer to be trained by Samaritans as “listeners” and along with the prison officers will help when their fellow detainees are having psychotic episodes, self-harming or full-on suicide attempts to name but a few of the issues they seem to face regularly.
The lockdowns of the Covid era will continue in some prisons due to staff shortages: the only way everyone could be kept safe, officers and inmates alike, was to restrict movement. This of course adds to the isolation so having a New Bridge befriender is all the more important.
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These situations would be extremely challenging for any highly qualified professional: for the officers and prison listeners, it’s asking a lot. They are not trained or experienced enough so it’s human kindness that will
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So that’s some of the downsides to prison life – there are many others of course. Stories are regularly in the news about the over-crowding and that basic human rights are not being met. Although the IPP sentences were abolished in 2012 there are still many people incarcerated for years after they have completed their initial tariff.
But enough of the negatives, this is not a political rant: I just mention these things to highlight some of the problems and the need for charities like New Bridge to step up and help where they can.
New Bridge befrienders all seem to say what a rewarding and positive experience volunteering is: how strong and long-lasting relationships are formed. Some for many years and a few will continue after release.
I joined New Bridge in 2020 and I’m still in touch with one of the people that I started writing to then. We discuss music, poetry, religion as well as the day-today stuff. Others I have had contact with have been
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released, some have found other activities in prison to keep them busy. Currently I have established befriending relationships with four people. All they have in common is the fact that they are in prison. Other than that, they are their unique selves, and each relationship is different. My letters will reflect this. Some of the content of the letters will be similar, if for instance if I’m talking about something very general but on the whole, each letter is tailored to the person I’m writing to. I’ve now met them all so find it easy to put a face to a name when I write.
One is very keen for me to visit as often as possible, however, he’s been moved many miles away and understands that I can no longer visit quite as regularly. We have added monthly phone calls to keep the much-valued contact in place. Another one finds visits stressful and although keen to meet wants about a six-month gap before the next one is booked. Another, ironically, doesn’t much like writing and sends minimal information by post but really values the visits.
For me another valuable aspect of befriending is that, unlike my working life, I have no official responsibilities. I don’t have to decide on guilt or innocence, there is no pressure to rehabilitate or to decide on fitness for parole. I’m not their probation officer, lawyer, social worker or counsellor. I’m free of all these professional restrictions and demands which is really liberating and helps no end in forming the relationship. I’m free to offer advice if I feel it is helpful (always with the caveat that they can ignore me) but mainly I aim to be supportive. I’ve had one person say to me how much they appreciate my encouraging words as there is little time for such niceties in prison. Another says that he finds being
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able to off load has helped him settle into prison life without kicking off. A common theme from them all is the importance of contact with the outside (real) world. Prison can be an insular and isolating place.
I’ve mentioned the aspect of befriending that is very freeing compared to having professional involvement and with this in mind it’s important to mention here that New Bridge take their responsibilities to their volunteers and the people they write to very seriously.
We have regular support groups that meet monthly, and share updates on each person. We don’t disclose any identifying personal detail. There is also access to the New Bridge staff team for advice or administrative queries. We submit a monthly update on each person we are in touch with so that any issues can be monitored and acted on as needed. There’s also an annual volunteer conference with speakers on related topics to stimulate and provide an opportunity to socialise.
My fellow befrienders are a constant source of support and inspiration, many having expertise in other aspects of the justice system. I learn so much from them. It’s a bonus to meet so many dedicated and interesting people with a wide range of life experience. We come together with the shared goal of making prison life just a little bit better.
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Libby
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Prisoner Profile
Paul has recently been released from prison, and contributed this article to share his reflections on his experiences of being supported by a befriender.
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Having New Bridge in my life for the past 6 years of my prison sentence was the best move I ever made. They became a friend that will tell it to you straight, they are there for both highs and lows in life. I have enjoyed their company and I’m hoping they have learnt a little about me (as both a person and offender).
For those considering becoming a befriender… do it, you are half way there by even giving it a thought – so why not enrich someone else’s life by what experiences you may have, who knows you too may learn and when others around you say “why do you do it?” you can say “they have fallen through bad choices, I make good choices, to help them make good choices too”.
Many befrienders and the public do not know what prison is like – it’s not a soap/documentary – it’s real.
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Many times I’ve watched a soap where a character has been in the justice system and think ‘why don’t they employ a team of prisoners (or ex prisoners) to say what it’s like?’. Many of the items (the public calls luxuries) have to be earned by good behaviour and that in itself is like a task in itself. The visit to a shop to buy a ¼ lb of sweets doesn’t happen – you fill in a form, you wait a week for it to be delivered, if they have it in stock. Meals are fine, but it depends on which prison you are in – it’s not 5 stars, but 5 bars: cooked by prisoners for prisoners.
Those who do not have visits/family/friends turn to New Bridge for support as a Prison Chaplain belongs to the prison, yet a befriender with New Bridge is independent. You the befriender could be the only person in that prisoner’s life.
I love to write – I think it’s therapeutic to throw words onto paper and make people ‘aware’. Since having my befriender(s) I have become more confident in myself, more outgoing and vocal.
New Bridge is the prisoner’s choice and the only befriender service of its kind in the UK (maybe the world). You’re not a counsellor or intimately related but everyone needs a good friend. Can you be that to a prisoner?
Paul
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Our Supporters
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I feel much less isolated and also feel valued as a human being. I also find great joy in receiving letters from someone who isn’t connected to the prison system.
We couldn’t exist to impact lives in the way that we do without the generous financial donations of our supporters.
Last year we were grateful to receive donations of over £1,000 from the following:
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1772 Charity
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29th May 1961 Charitable Trust
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Albert Hunt Trust
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Alchemy Foundation
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Chesterhill Charitable Trust Ltd
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Christopher Rowbotham Charitable Trust
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Constance Travis Charitable Fund
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Cumber Family Charitable Trust
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Dowager Countess Eleanor Peel Trust • HBJ Trust
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HDH Wills 1965 Charitable Trust
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HLJ Brunner Trust
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Jessie Spencer Trust
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Leigh Trust
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Lord Faringdon Charitable Trust
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Michael & Shirley Hunt Charitable Trust
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Noel Buxton Trust
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Oakdale Trust
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Postcode Lottery Trust
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Rhododendron Trust
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Robert Gavron Charitable Trust
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Sir James Reckitt Charity
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Sir James Roll Charitable Trust
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Vandervell Foundation
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Wyndham Charitable Trust
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Zochonis Charitable Trust
We’ve developed a Fundraising Guide for other volunteers or supporters who are interested in organising fundraising activities. You can find this on our website: www.newbridgefoundation.org.uk/fundraise
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We were delighted to see volunteer Anna successfully complete the London marathon, raising a huge £2,740. Anna said: “So chuffed I ran what I was aiming for, finishing in 5hr06, especially as I was ill over Easter. The crowds were great, it was super well organised and a truly memorable day. Although I’m in no rush to do it again!”
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info@newbridgefoundation.org.uk www.newbridgefoundation.org.uk 020 8671 3856
New Bridge Foundation, 1a Elm Park, London SW2 2TX
Newbridgefoundation @new_bridge New Bridge Foundation
New Bridge Foundation, 1a Elm Park, London SW2 2TX Registered Company No: 5048063 Registered Charity No: 1103511
RF.GISTERED COMPAIYY NIIMBbR: OS048063 REGISTF.RED CHARin' NiIiiBER: 1103511 Reporl of th£ Truste¢5 and Unaudited Finanfial St9tem¢nt5 for the YeaT Ended 31 December 2023 for Tbe New Llridge FoundgtlQR Grant Flarrod Lernian Davis l.LP Cliartcrcd A¢¢ounlalllS Isi Fli)or l-lealiliaid House q¥rlborough l.lill Mhddl¢s¢x 11A1 IUD
The New Bridge Foundation Contents of the TrThnaAtial Stattments for the yer ended 31 December 2023 PAgt Report of the Trustees Independenl Examiner's Report Stitem¢nt of Financial Activities BAlinee Sheet oles to the Fin*n¢ial Stgtements 10
The New Brid¥e FoiiDdation Report of the Trustee5 lor the )-ear eNdtd 31 Dtttmber 2023 Th¢ trustees who wer¢ also directors of ihe rharily for the piirposes of the Conlpanies Act 2006. prtsent their report with ihe finanrial stal¢JJients of the charit). for tlie year ended J l December 2023. Nie financial statements Comply with the Cliaritie5 Act 2011, the Companies Acl 2006, the Memorandum and Articles of A$50ciaiion. and Aecounting and Reponing by C'harities= Siatemeoi of Recomincnded Practice applicable to cliarilies preparing ilieir a¢¢out)is in accnrdat)¢t with dic Financial Reporting Standard for Smaller Enlilie5. OBJECTIVES AIYD ALTIIIITIES Objective5 and aims The New Bridge Foundation i5 a Charity lic]I supports people in prison. The object of the charity as set out in the ¢on)party's nienioranduim tsf association is ¢0 proinot¢ a)Id support ihe tdu¢atioD. befriending and reseiilenienl of people in prison #nd ex-offender& Our aim 15 to 5UPPOrt prisoners wliilc they are in prison to build a Connection to the outside world. We believe th tliis helps to aid rcintC8ration and r¢du¢e offending. PIIBLIC BENEFIT OUT core activity 15 the provision of a befriendii)g $ervÈc¢ to people serving prison sentences. W¢ recntit dedicated volunteers al offer COJllPTehensIve Irdining before malching the1 with a prisoner. Prisoners and their befptenders exehasjge letters. building a tnLStiiig.. ncn-jLHtgemcntal relationship. Befrienders and iheir prisoner¥ can also ¢onnec¢ via telephone calls, and befrienders often attend prisons to V151t their prison¢r. We belFeve that contact with the ouiside woild prepares prisoners for release by helpiJ]g io dev¢lop pro-social attitudes and increase self-esteeni. New Bridge'5 s¢fvL¢e is unique in Iliat our befrieL)der5 Stay matthed witlj the same PTisoner as they are moved around Ihe prison estatc. Thtrs continuity helps lo biiild a deeper and more irusting relationship. at a tinit ivhen prisoners are ¢xperieneing a large amount of change and disnjption 10 roulines. The befN¢nders i¥ho volunteer for New Bridge can oft¢n be the only source of social conjieclion or tii)otional 5UPPOrt for prisonets ivho art Tho longer in eontacl willi faniily or friends. We reviewed and refined our VISI( and mission stementS in 2021 whi¢h are as follows. Oiir vision.. Every person in prison feels a Mi¢anin¥ful eottnection to IhE Olltsid¢ world. Oiir Jiiission: We match peoplc in prison wilh trained voliiniters M,ho offer lon¥-term suprort through a combination of torrcspondence and visiis. 'llhiS provides people in prison M'irh a bridge to the OiEtside world. alon¥ with an iD¢reased sense of value and poi¢niial for their future. Our b¢friending Service is open to applications fron) any prisoner in F.ngland 2nd Wales. Page I
The New Bridge F•und#tio Rert of the Trustees for the >'e#r ended J l Decernber 2023 ACHIEI."EMENt AIYD PERFORlANCE Achievements #nd performante 2023 was a year of growth and devclopii)¢nt for New Bridgc, implementing our new straiegy with the intention to doubl¢ lh¢ number of beneficiaries by tlie ¢nd of 2025. We also 5P¢nt lime and resource on modemising our operarion5 and proce5s¢s, in order to facilitate ¥iowth. Tlii5 included iechnologic¥l soluiions la new CRJq at)d interactive website portal for volunteers) 05 well a5 reviewing key poliLie5 and procedue$. Our gromrth intention for 2023 was to focus on achicving a large in¢r¢as¢ in volunteer numbets in order to meet the existing deiiiand from pcople in prison land r¢duce tiinc spent waiting for a volunieerK and to prtpJre for deniand to rise in line with the growing prison population. W¢ iver¢ delighted io incT¢a5e ihe nuinber of active volunteers by i2Wo over ilie course of tlie year. ending 2023 with 300 a¢iiv¢ volvnteers (vs 226 in 2022). Ille also suw ¢15¢ re%ulis of our new recruitii)ent and outreaLh acitviti¢s deinonstrnting a healtliy appelile for our voluttteering offer with a 151Vo increase in applications received 1259 in 2023 vs 103 iji 2022). This allowed us lo irain il)e hIg1$t nunibcr of new volunteers in oui. receni liistory, ¢iving us confidcncc ii) our ability lo corbtinuc to grow through tl)e course of this 5tralegy period. Demand for our s¢rvL¢C ¢oiJiinued. with a fiirth¢T 300 applications received frts1 people prison. a ri5t of 53/4 on ihe 196 received in 2022, and exp¢¢t applications to ¢oniinue to rthse in line with ihe growing prison population over the VIITse of Ihis siralegy period. We were pleased to be able to eiid the year with 570 prisoners Iiiat¢hed with a volLinteer lan increase ol. ¥QA on 20221 and a furtl)cr 30 in the process of being m81ched. We also oversaw an incr¢as¢ in the onta¢t received by prisoners in 2023. Volunteers made a total of 267 visirs to people in PTison over the course of the year, the highest annual numbcr since 2019, gnd we were delighkd 10 see ihis vital in-person ¢ontacl beginning lo return to pre-pandemi¢ levels since we know the valu¢ il lias for the peopl¢ we support. In 202J wc rolled oiit our new Impa¢l nieasiire. seekin¥ io explore ihe difference5 Pri5uners have noticed in key areas as a dire¢1 result of engaoing Mith our se)vi¢¢. Responsts d¢ii)oiislrated Iljal since b¢¥ng iiiat¢h¢d wirh a New Bridgc volunteer befrieDder'. 870/y of people feli better or n)uch better about geiiiJ)g Ihrougli tlieiT senten¢e 7V/ f¢li better ur tThuch better about ihem%elves 79OA felt better or muth betttt connecied io ihe ouiside ivorld 7/0 felt beitcr or niiich better about the future Every year we ask prisoners to Lompl¢i¢ an evaliiation fomi to report OTh the Service we provide and thc irnp#¢i it has had on the1. One ofthe people M'e 5UPPUrttd in 202.") reported.. 'Prison is a hard ciivironnieni for everyonc. And yoii have no Idea ihe incredhble positive impact of a stranger sl)owing you a bit of liumanily, kindness aDd encouTag¢m¢nt wlien all we are surrounded by is damaged people. From my heurt and soul. thank vou.. Fundr*i%ing Tlie cliarity'5 priniary %OUTte tsf funding iYa5 grartis from Trusis and l-.ound&tioDs, w,hich accounted for 51.54J/o of toial incoijie. IloweveT we wcrt a150 vcry fortuiiate to receive a generous l¢ga¢y froni a long-lertn supptsff er. Tliis. couplcd iyiil) oilier don21iOti.% from iiidividua15 accounted for a fvrther 44.9Y¢ of ineonje, willi t]ie rernaining 3.6% interest froii) invested funds. We #re exlreniely gratetul for the continued SUPPOTt of a rangc of grai>l giving trusts and foundations. as well as Indivjdual dojiors. We have been lh¢ filrtunatc recipient of several generous legacies in re¢eni y¢ars. each ol'whirh has been hugely poiverful in enabling us io iiivesi in the organisalion so thai we can 5cal¢ lip 10 n)¢¢i ihe ¥rowing needs (kf isolared prisoners. FINANCIAL REVIEIV The strategy dei'elopiMenl project saw the chayity budget for a planlltd defi¢ii in the )'ear ot'£120.468. We have biidgeted for z mueli smaller defi¢it in 2024 of £87,000 as lh¢ deN'¢lopMient project CL)nlintt¢b. Reserve5 polfftcy The ioial unrestricted funds a5 at 31 December 202_3 iOLqlled £187.079 and is in line witli the charity'5 regerv¢s policy. A ¢opv of tliis policy is available on ilic cliarity'5 websire. Page 2
The New Bridge boUnda1n Report of the Tru$te¢$ for ihe jear endtd 31 December 2023 srRIICTURE, GOVERf4ANCE AND MANAGEMENT Goi'erning do¢um¢nt The charity is conlrolled b). its goveming do¢uii)ent. a deed of tnjst. and constitutes a limited ¢oit)pany, limiied by guarantee, as defined by tlie Cojiipanies A¢t 2006 and incorporated in 2004 Risk nianagement The charity regularly revtew5 IIS risk, in line with Ch8Tiiy guidance. Recrnitment And appointment of new tTUStees Trustee5 have a rdnge of experience in CriJIn3l justice and busiiitss. Neiv iruslee5 are appointed tliTouoh an open adv¢ni5iniy ean)paign highligliting the need for people with certairb skills ro OV¢Tsee tlie Charity. Trustees are Sent the Cliarity C.omt)iissioii's Esseniial Trustee Cjuide. the Arti¢les of Association. rjiosl re¢enl annual repor( and befriending service evaluation. Induction includes briefin¥ 5ession% frojn the Chair about Ihe obligations of Irustees aiid liow the board operates. an oveTVl¢W of finaoies from th¢ Treasurer and briefings from the Chief Executiv¢ and staff team. Tnistees are enwuraged to patlicipatt in a trainin¥ couj'se for vvluntcers and to attend a regional gioyp llleetitt to understand how New Bridge operates. Organis2tioRxl Structure The New Bridge Foundation ha5 a board of l¢n trustees wlio meet four limes a y¢8T and are responsible for tlie Sirate¥ic directton and policy of tl)e charity. Day to day Tesponsibility for tl)¢ ¢harÈty rests with the Clii¢f Executive aThd provision of befriending and monagemenl of the volunteer5 15 led by tlie Director of Befriending supported by tl)c FJefriendÉng Coordinator. Tlie Operations Manager is also Company Se¢Tetary responsible for regular fundraising and for financial nd business system5. Related partles New Brid¥e lias a Thliolly ow'ncd subsidiary compaiiy Inside Time Ltd wliich produces the ttew5paper for prisoners. In line witli Ilie fjoven)ing docuiiients rwo N¥ Bridge I rustces are dir¢clors of Inside Tini REFERENCE AND ADMINISTRATIVE DETAILS R¢¥istered Compxn). number 05048063 (Not specifJedlOrh¢rl Registered ChArity number R¢gi5tered offiee IA ESni Park JA)ndon SW2 2TX Page 3
The New Bridge FouTrdation Report of the Trustees for the )'t¥r ended 31 De¢ember 2023 Trustees Dr Peier John Bennett Helen Booihjiian Cliair Faye Dyke (resigned 30.4.20231 Cristiaija Viana Cardoso Shepherd lappointed iO.8.20231 Dr Lynne Game Marie Loeb lappointed 28.11.20231 Susan Ellen Nicholas MBE Iresigiied 30.4.20231 Jolin Patrick O'Reilly Ann2 P2rley Ailie RenJii¢ Kevin Traynor Sara Zalin Patron HRH Pn"n¢e$s Alexandr& Thc 14on Lady Ogilvy. KG GCVO President Michael Spurr. CB Vice Presidents Reverend Jonatlian Aitken Professor David Wilson Chief Executive Dr Lucy Ball CompAny Secretarv Donna France5 King IDd¢pendent ExAmineT Grant Harrtsd Lemian Davis LLP Chartered A¢¢ounianrs 1st Floor Healthaid House Marlborough Hill Harrow Middlesex HAI IUD Solicitors Bate5 Wells l O Queen Streer Place London EC.4R I BE B#nkers AF Bank Ltd 25 Kings Hill Aveniie Kings Hill Wes¢ Mallin¥ Kent ME194JQ HSBC 210 High Holboni Londoii WCIV 7HD Pa¥¢ 4
The New Bridge Troundxtion Report of the Trustees for the >'ear d d 31 Deetmber 21123 AppToved by order of the board of tDJstees on ............................................. and signed on its behalf by.. Hel¢n thman - Trustee Pag¢ 5
Independent Examiner's Report to the TriLStees of The Nem. Brbdge Fouttd#tion IndependeThl ¢x•niintr's rewbrt to the tru5tee5 of The New Bridge Foundation ('the CompAny'} T report to thc charity iruslees on rny examination of the accounts of tli¢ Compan>, for the year eJKied 311)e¢emb¢r 202). Responsibilities and basi5 of report As tlie charity's trustees of ilje Company land also its dtTCCtors for Ihc purposes of ¢oJiipany lawl you are r¢sponsibl¢ for the preparalioii of il)e accounts in accordancc willi the requirements of the Conipani¢s Aci 20061'ih¢ 2006 ACVI. Having $2ti.sfied m)self that the accouiits of the Company aT¢ ntsi required io be audited under Part 16 of Ihe 2006 Act and ar¢ eligible for independent ¢x8111inalion, I report in respeti of my exan)ination of your cliatiti s account8 as Caled oul under Se¢lion 145 of the Cliarities Act 201 I Imhe 2011 AGV). In ¢arrying out my cxamination I have followed the DirectlOJ15 given by ihe C"harity con7)Is$lon onder Section 14515) Ibl of ihe 2011 Act. Independent examiner's stMt¢ment I liave cotiiplctcd nis, examinalion. l eonfirni that no ii)aii¢ts hav¢ ¢onie to iny att¢nlion in connection iviili t]ie examination giving Ine cau5¢ to believe.. accgunting records were not kept Èn resp¢¢t of ihe Company as required by S¢ction J86 of the 2006 Act: or Ihe accounts do noi )ccord with those records", or the accounts do not comply with thc accounling requir¢nients of Section 396 of ih¢ 2006 Act other than any reqiiircment that th¢ aicounts give a true fair view which is not a matt¢r considered as part of independent examinaiion" or Ilie accounts liave not been preparcd in accordantt with the metl)ods and principles of the Statement of Recomnitnded Prae15ce for attounring and reporting by cliaririe$ lapplicablc to charities preparing ih¢ir accounts iii accordancc with the FIan¢t31 Reporting Standard #ppli¢able in ilie UK and Rcpublir of Ir¢laDd IFRS 1021). I liave iio coi)ceins and l)ave ¢oiiie across no otlier Iiiatrers irt connectiot) iyitli tl)e examination to wl)ich attention should be drawn in iliLS report iii oid¢T lo cnabl¢ a proper undersianding of the accouNls 10 be rea¢lied. Jer¢Jiiy Harrod FCCA Grant Harrod Leiman Davis LLP Cliartered Accounlants 1st Floor Hcaliliaid House Marlborougli Hill HaffO, Middlescx HAI IUD Date.. Pa¥e 6
The New Bridge Foundatlon Statement of Financial Ae(ivitie5 for the )'ear eDd¢d 31 Dertmbtr 202J 202.3 Tolal fund5 2022 Total funds Unr¢siri¢ted fund Restricted funds Notes IP4COME AND E,Doll1METs FROM Donations and le¥acies 170.564 170,564 98.746 InveMent in¢ome 6.277 6.277 10,198 176841 176841 EIPENDITURE ON Raising funds 70.424 70.424 53,154 CTh#ritable adivitt¢s BefriendiTTrg Adjninistrtstion costs Strategy D¢veloprnent 177.778 22,i52 26.755 177.778 22.352 26.755 152,550 25.923 68.790 Tol#1 297.309 297u09 300417 NET JNCOMEI(EXPENDITURF.) 1120,4681 1120,4681 1191.473 RECONCILIATION OF bUNDS Total funds brought fonvard 307,547 307.547 499,020 TOTAL PUNDS CARRIED FORWARD 187,079 187.079 307 547 The notes forni part of il)ese fJnai?cial ststejiients PaEe 7
The New Bridge Foiind4¢ion Balance Sheet 31 DLYember 2023 2023 'Folal funds 2022 Totsl fund5 Unr¢stri¢ttd fund Rcstricled fund5 Notes FIXED ASSETS Tangibl¢ assets Investfflents 725 17).317 725 173 317 261.709 174,042 174.042 261,709 CIJRRENT ASSLTS Debtors Casl) a¢ bank 148 24.li3 148 264 65,572 24281 24,281 65,8)6 CREDITORS Arnount5 falling du¢ within one year 12 {11.244) 111,2441 (19.998) NET CIFRRENT ASSETS 13.037 13.037 45,8i8 TOTAL ASSETS LESS CURRENT LIABILITIES 187.079 187.079 307,547 NET ASSETS 187079 187079 307547 FUNDS Unre51rirtcd funds 187.079 307,547 TOTAL FIINDS 187,079 307.547 The ¢hariiable eompany is entitled to ¢xeinption from audit iind¢r Seclion 477 of the c.olpanieS Act 2006 for ihe year ended 3 1 Deceinber 2023. 'lkne menlbers liave not required ilie ¢ompanv lo obiain an audii of it5 finanrial slalements for tli¢ year ¢ndcd 31 December 2023 in accordanct willi S¢¢rioJi 476 of the Conipanies Act 2006. Tlie tru&leE5 acknLTrwledge Ilietr re$pon5ibililJes for (al cn5urin¥ ihal tlie cliarltable Company keeps accounting records thai conipl), with Se¢ih)n5 386 and 387 of the C.oinpaiiies Act 2006 and preparing finaiicial statenienrs wlsiLli give 2 Irue and fair view of Ilie $lale of affairs of the charirable coinpany a5 at tlie ¢nd uf ea¢li fit)ancial year aiid vf ils surplus or deticit foT eacli financial year in accordance ivitli tlie requireiney)is ol'S¢ciion$ 394 aiid 395 and ivhicl) ot11er.ise comply with the requir¢i)ieniS of the Companies Act 2006 relatiiio lo tinancial stateii)enTS. so far as applicable lo ihe charitable conipany. Ibl The noles foTm port of these finali¢l statellients Page 8 ¢ontinued...
The New Bridge FOndatiOn Balance Sheet- continued 3 l Dt¢eJnber 2023 The$e fJTran¢ial 51alements have becn piypared in a¢¢ordan¢e wtth (he provisions appli¢able lo ¢harilable Lompanies subject to ihe sniall compani¢s regiine. The fi cial statements ivere approved by ihe Board of Trustees aThJ auihori5ed for issue on Ly-................. and were signed on its beliulf by.. BooThiiian - Trustee K¢vin Traynor- Tnist¢e The t101¢5 fomi parl of iliese finai)cial slateltlS Page 9
The Bridge FoundatlDII Notes to the FID¥ncig1 stteMents for the yeaw ¢nded 31 De¢¢mber 2023 ACCOIINTING POLICIES B#$is ofprepAring the fiDan¢ial statement5 Thc f¥nan¢ial stat¢ments of tlie Chatable conipany. which is a public benefit entity under l.-RS 102, have been prepared in ac¢oTdance with the Chariti¢s SORP IFRS 1021 'Accounling and Reporting by Charities.. Statciiienl of Recommended PrJ¢ii¢¢ applicable to charities preparing tl)eir accounts in accordance with tlie Financial Rep()ning Standard applicable in tl)e Uk athd Repllblic of Ircland IfRS 102} leffective l Jaiiuary 20191,, FinaTrcEal Reporting Siandard 102 The Financial Reportino Standar(J appli¢able yn tli¢ UK and Republic of ITeland' and the Conipanies A¢t 2006. Thc fiTJancial sthien)¢nts have bern prepared under the histOTical cost conv¢ntion. Ivith the cxceplion of inv¢stn)ents whicli are in¢luded at niarket valuc, as niodificd by th¢ revaluation of ceNain assets. All in¢om¢ is recogni%ed in the Statement of Finan¢ial Activities ollce Ihe ¢harity has en(itl¢m¢nt to lh¢ funds. il is pmbable that the income )vill b¢ r¢¢eived and the aTnouni Can be measuTed reli3bly. Expenditure Liabilities are Fecognised as ¢xpenditure as soon as there is a legal or ¢onstrudive oblik?ation ¢ommittin¥ ihe charity to that expenditiire. it is probable th a trdnsfer of ecoiiomic benefits will be reqiiired in s¢itlen)tnt 2nd tIEc amount of the obligalioii ¢8n b¢ measured reliably. Expenditure is accounted for on an acctwa15 basis and lizs been classified der headings ihat aggregate all cosi related to the catcgory. Wli¢re cost5 cannot be dir¢dly attributed to particular headings they liave bcen allocated to a¢tivities on a basis ¢onsist¢nt witli the use uf resources. Allo¢ÈtiDn And gPPOrtSOnmet of costs Supwrt costs are ba5¢d on a percentage of th¢ actual costs incurred. cal¢ulated on a staff lime basis. TAngible fixed #ssets Depreciation is provided at tlie folloi¥ing annual rate5 in order to write off each assei over its estijnated usrful Fixtures and fittiny5 Con)piiiei' eqisipiiient 250A on cost 25Yo on cost Taxatlon The charity is ex¢mpi from corporntion tax on its charitable adiviries. Fund accounting lJnTestricled fvnds CAth b¢ used in accordance with ilie charitable objectives al Ilie di5cretiort of the IrustCe5. Re¥tri¢ted funds Can onty be used for particular re%tricied purposes withiij the objects of ihe charity. Restriction5 arise wlien specified by ilie donor or when fdS are raised ftsr particular restricted purw5es. Further ¢xplaiiation of the nalure and purpose of each fund is included IJJ tlie notes to Ilie financial statenients. Voliiiiteer5 In accordance with SORP 2005. the ¢oniribution of volunlecrs is not reco¥niscd in th¢ FiThanCi Statements. a5 the ¥aliie of iheir coniribthion cannoi be reasoiiably qLianlified in financial temis. An rxception tnay be made where d donor provides services as part of Ih¢ii Irade or profession and where the charity woiild otherwisc have had 10 piircliase th05¢ services exiernally. In thes¢ ¢ases. if Inaterial. those donated services WOL]Id be valued at th¢ open Ivark'tt value to the ¢h8ri1y. Page 10 continued...
The NeTh' BTidge FoundAtion Notes to the Fingn¢5al Siatemen15- continued for the )'ear ended 31 December 2023 INIKESTMENT INCOME 2023 2022 Other investment income 10.198 NET INCOMEIIEXPENDJTISRE) Nei ineoindiexpendithrel is stated after char¥in(CredItI11g)'. 2022 D¢prerialion- owned assets 363 TRVSTEES. REMUNERATiof4 AND BENEFITS Tliere were no truslees, remynerarion or other bencfits for the year ended 31 De¢cinber 2023 nor for the year endcd 31 Deceinber 2022. Triistees expÈn$es Trust¢e5 were reirnburscd travel expenses during the year amounting ro £660.00 s'rAFF COSTS 2023 2022 Wages aiid salaries So¢i2l 5ecuriiy eosl$ 180,244 14.886 152.986 12.969 195.130 165.955 Tile averngc monthly nuiiiberof en)ployees during tlie year WAS as follows-. 2023 2022 Direct ¢haTitable ivork Adrninislralion No einploye¢s received eniolumen15 in ex¢¢ss of £OO.QOO. One membei. of sia(f JtLeived a salarv of more than £60.000. Pagell continued...
The New Bradge Found?tio Note5 to the Fingn¢ial StAteThents- contlnued for tht }'egr ended 31 Dttember2023 COMPARATIVES FOR THE STATEMENTOF FINANCIALAcfiiiiTIES Unrestri¢led rund Restricted fund5 Total funds IP4COME AND ENDOWMENTS FROM Donations and legacies 98,746 98,746 Investmtnt incoine 10.198 Total 108.944 108,944 EAPEIYDITIIRE ON Raising funds 53,154 53,154 ChAritable activities Befriendin¥ Adniinistration costs Strategy Development 152.550 25,923 68.790 152.550 25.923 68.790 Total 300417 31H).417 NET INCOMEI(EXPENDITIIRE) 1191,4731 1191,473} RECOES'CJLIATION OF FIINDS Total funds bToughi fuTw&rd 499.020 499.020 TOTAI, FIINDS CARRIED FORWARD 307.547 i07 547 FIXED ASSET INVEsfMEIYTS lTh¢re wtr¢ no investmenl assets outside the UK. Th¢ company's inv¢s11)ieDis ai ihe balan¢¢ Sheei date include tlie following.. Inside TiJn¢ Limited Nature of busincss.. Publishing of newspapers for prisoners Inside Tinie Lirnited la lully ow¢Jed sllbsidiaril is a ¢onipany ILIMjlcd by 8uaTantee and does not havc any share ¢apiial. 2023 2022 A0 Te(patc capitsl and rcscrves Surplus for die )ear 91.543 75.208 4.929 Page 12 C4)ntinued...
The New Bridgt Foundation Nvtes to the FtnAn¢ial Statements rontfftnued for the )-eAr ended 31 D¢¢ember 2023 INDEPENDENT EXAMINATION FEE Tiic Independenl Examination Ftc for the }'ear is £1,920. TANGIBLE FIAED ASSETS Fixtures and fittFngs Compuler equipment Totals COST Ai l Jaiiuary, 2023 Additions 3.025 1,088 1.088 Al 31 Dccember 2023 3.025 1,088 DEPRECIATION At l January 2023 Charg¢ for year 3.025 3,025 36.1 363 At 31 Deceinber 2023 363 3.388 NET BOOK VALIIE Ai 3 1 December2023 725 725 At 31 December 2022 FIXED ASSET IN'IIESTI¥IENrs Unlisted invtstincnts MARKET VALIIE Al l Jaiiuary 2023 Disposals Revoluaiions 261.709 1100.0001 11.608 Ai 31 De¢einber2023 173J17 NET BOOK VALUE At 31 Decthnber 2023 173 At 31 December 2022 261.709 There wer¢ no investment assets Outside the UK. Pau¢ 13 continued..
The New Bridge Foundation Notes to the FillADcial StaiemeDts- ¢ontinued for the )'e#r ended 31 December 2023 10. FIXED ASSET INI'ESTMEF4'15- continued Cost or valuaiion at 31 DeeeThber 202) is repr¢sented by.. Unlisied investmcnts Valuation in 2019 Valuarion in 2020 Valuation in 2021 Valuation in 2022 Valuation in 2023 Cost 18.716 16,267 25,222 158,2821 1.608 159.786 173.317 The Company's iE)vestments at ihe bal¢¢ sheei dat¢ in ¢he share capital of companies include the following.. Inside TiTne Limited Regislered office.. Nature of business.. Publishing of newspaper for prisoners Class of shai?.. holding Inside Tin]e Limited is 3 fully owned subsidiary of The New Ilridge Foundation. 15 a cort)pany liniiied by uarnnlee and does llot hav¢ any share capital. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 2022 Other dcbtors PrepaYjents and accrued incon)e 97 167 148 148 264 12. CREDITORS.. AMOIINTS FALLING Dub IVITHIN ONE YEAR 2023 2022 Trade creditors Otlier creditors Accruals and deferred income 330 7.247 i.667 10.949 7.129 1.920 1,244 Page 14 continued...
Tht New Bridge Foundation Nvtes to the Finan¢ial Stgtement5- continutd ror Iht )'t#T ended 31 December 2023 13. fvIO1,ElET IN FUNDS Net movement in funds Ai 31.12.23 At 1.1.23 Unrestricted fuThd$ General fund 307.547 1120,4681 187.079 TOTAL FIINDS 307 547 1120,4681 187.079 Net mov¢meiit in funds, included in tlie aknw¢ are as follows.. Incoming resour¢¢s Resourc¢s expended Mov¢menl in funds Llnrt5tricted funds General fund 176.841 1297.3091 120.4G81 TOTAL VIINDS 170.841 297.3091 1120.4681 Comparativts for movement in funds Net I0ve11)ent in funds Ai 31.12.22 Ai 1.1.22 LlnrestTlCted fund5 General fund 499.020 1191,47il 307,547 TOTAL FIINDS 499.020 1191.4731 307,547 Coirparalive nel imoveient in funds, included in th¢ above are as follows.. Inconiing resources ResouT¢¢S expended NloVneFJt it) funds Ilnre5tricted thnd5 Gcneral fund 108.944 {.300.417) 1191,4731 TO'fAL FliYI)S 108.944 1300,4171 {191,4731 Page15 coniinued...
The New Bridge Foundxtio Note5 10 the Flninclal Stgte)nenls- con11lled for th¢ )'egr ended 31 December 21ll3 13. OI'Ei%IFNT IN FIINDS- continued A curr¢ni y¢ar 12 months and prio¥ year 12 months combined position is as follows.. Net movemeni in fiinds At 31.12.23 At 1.1.22 [Inre5tricted funds General fund 499,020 187,079 TOTAL FUNDS 499,020 (311,9411 187.079 A current )'ear 12 months aiid prior year 12 months combined nel movtment in funds. ineluded in the aiK>ve are as follows-. Incoming resoiirces Re50urees expended Mo¥einent in funds Unrestricted funds General fund 285.785 (597,7261 1311.9411 TOTAL FIINDS 285 785 1597 7261 3119411 14. RELATED PARTY DISC.IS11Rs During Ihe year the CliaTiiy received 3 donatron from its subsidiary,. Inside Time Limited, amounting to £Nil {2022- £Nill. A5. LIABILITY OF mEIBERs The company is Consiiluted as a company limited by guarantee. In the event of the charity bein8 woiind lip JiiembeT5 art regUiTEd io ¢onlribiite an amouiit not exceeding £1 Page 16
RF.GISTERED COMPAIYY NIIMBbR: OS048063 REGISTF.RED CHARin' NiIiiBER: 1103511 Reporl of th£ Truste¢5 and Unaudited Finanfial St9tem¢nt5 for the YeaT Ended 31 December 2023 for Tbe New Llridge FoundgtlQR Grant Flarrod Lernian Davis l.LP Cliartcrcd A¢¢ounlalllS Isi Fli)or l-lealiliaid House q¥rlborough l.lill Mhddl¢s¢x 11A1 IUD
The New Bridge Foundation Contents of the TrThnaAtial Stattments for the yer ended 31 December 2023 PAgt Report of the Trustees Independenl Examiner's Report Stitem¢nt of Financial Activities BAlinee Sheet oles to the Fin*n¢ial Stgtements 10
The New Brid¥e FoiiDdation Report of the Trustee5 lor the )-ear eNdtd 31 Dtttmber 2023 Th¢ trustees who wer¢ also directors of ihe rharily for the piirposes of the Conlpanies Act 2006. prtsent their report with ihe finanrial stal¢JJients of the charit). for tlie year ended J l December 2023. Nie financial statements Comply with the Cliaritie5 Act 2011, the Companies Acl 2006, the Memorandum and Articles of A$50ciaiion. and Aecounting and Reponing by C'harities= Siatemeoi of Recomincnded Practice applicable to cliarilies preparing ilieir a¢¢out)is in accnrdat)¢t with dic Financial Reporting Standard for Smaller Enlilie5. OBJECTIVES AIYD ALTIIIITIES Objective5 and aims The New Bridge Foundation i5 a Charity lic]I supports people in prison. The object of the charity as set out in the ¢on)party's nienioranduim tsf association is ¢0 proinot¢ a)Id support ihe tdu¢atioD. befriending and reseiilenienl of people in prison #nd ex-offender& Our aim 15 to 5UPPOrt prisoners wliilc they are in prison to build a Connection to the outside world. We believe th tliis helps to aid rcintC8ration and r¢du¢e offending. PIIBLIC BENEFIT OUT core activity 15 the provision of a befriendii)g $ervÈc¢ to people serving prison sentences. W¢ recntit dedicated volunteers al offer COJllPTehensIve Irdining before malching the1 with a prisoner. Prisoners and their befptenders exehasjge letters. building a tnLStiiig.. ncn-jLHtgemcntal relationship. Befrienders and iheir prisoner¥ can also ¢onnec¢ via telephone calls, and befrienders often attend prisons to V151t their prison¢r. We belFeve that contact with the ouiside woild prepares prisoners for release by helpiJ]g io dev¢lop pro-social attitudes and increase self-esteeni. New Bridge'5 s¢fvL¢e is unique in Iliat our befrieL)der5 Stay matthed witlj the same PTisoner as they are moved around Ihe prison estatc. Thtrs continuity helps lo biiild a deeper and more irusting relationship. at a tinit ivhen prisoners are ¢xperieneing a large amount of change and disnjption 10 roulines. The befN¢nders i¥ho volunteer for New Bridge can oft¢n be the only source of social conjieclion or tii)otional 5UPPOrt for prisonets ivho art Tho longer in eontacl willi faniily or friends. We reviewed and refined our VISI( and mission stementS in 2021 whi¢h are as follows. Oiir vision.. Every person in prison feels a Mi¢anin¥ful eottnection to IhE Olltsid¢ world. Oiir Jiiission: We match peoplc in prison wilh trained voliiniters M,ho offer lon¥-term suprort through a combination of torrcspondence and visiis. 'llhiS provides people in prison M'irh a bridge to the OiEtside world. alon¥ with an iD¢reased sense of value and poi¢niial for their future. Our b¢friending Service is open to applications fron) any prisoner in F.ngland 2nd Wales. Page I
The New Bridge F•und#tio Rert of the Trustees for the >'e#r ended J l Decernber 2023 ACHIEI."EMENt AIYD PERFORlANCE Achievements #nd performante 2023 was a year of growth and devclopii)¢nt for New Bridgc, implementing our new straiegy with the intention to doubl¢ lh¢ number of beneficiaries by tlie ¢nd of 2025. We also 5P¢nt lime and resource on modemising our operarion5 and proce5s¢s, in order to facilitate ¥iowth. Tlii5 included iechnologic¥l soluiions la new CRJq at)d interactive website portal for volunteers) 05 well a5 reviewing key poliLie5 and procedue$. Our gromrth intention for 2023 was to focus on achicving a large in¢r¢as¢ in volunteer numbets in order to meet the existing deiiiand from pcople in prison land r¢duce tiinc spent waiting for a volunieerK and to prtpJre for deniand to rise in line with the growing prison population. W¢ iver¢ delighted io incT¢a5e ihe nuinber of active volunteers by i2Wo over ilie course of tlie year. ending 2023 with 300 a¢iiv¢ volvnteers (vs 226 in 2022). Ille also suw ¢15¢ re%ulis of our new recruitii)ent and outreaLh acitviti¢s deinonstrnting a healtliy appelile for our voluttteering offer with a 151Vo increase in applications received 1259 in 2023 vs 103 iji 2022). This allowed us lo irain il)e hIg1$t nunibcr of new volunteers in oui. receni liistory, ¢iving us confidcncc ii) our ability lo corbtinuc to grow through tl)e course of this 5tralegy period. Demand for our s¢rvL¢C ¢oiJiinued. with a fiirth¢T 300 applications received frts1 people prison. a ri5t of 53/4 on ihe 196 received in 2022, and exp¢¢t applications to ¢oniinue to rthse in line with ihe growing prison population over the VIITse of Ihis siralegy period. We were pleased to be able to eiid the year with 570 prisoners Iiiat¢hed with a volLinteer lan increase ol. ¥QA on 20221 and a furtl)cr 30 in the process of being m81ched. We also oversaw an incr¢as¢ in the onta¢t received by prisoners in 2023. Volunteers made a total of 267 visirs to people in PTison over the course of the year, the highest annual numbcr since 2019, gnd we were delighkd 10 see ihis vital in-person ¢ontacl beginning lo return to pre-pandemi¢ levels since we know the valu¢ il lias for the peopl¢ we support. In 202J wc rolled oiit our new Impa¢l nieasiire. seekin¥ io explore ihe difference5 Pri5uners have noticed in key areas as a dire¢1 result of engaoing Mith our se)vi¢¢. Responsts d¢ii)oiislrated Iljal since b¢¥ng iiiat¢h¢d wirh a New Bridgc volunteer befrieDder'. 870/y of people feli better or n)uch better about geiiiJ)g Ihrougli tlieiT senten¢e 7V/ f¢li better ur tThuch better about ihem%elves 79OA felt better or muth betttt connecied io ihe ouiside ivorld 7/0 felt beitcr or niiich better about the future Every year we ask prisoners to Lompl¢i¢ an evaliiation fomi to report OTh the Service we provide and thc irnp#¢i it has had on the1. One ofthe people M'e 5UPPUrttd in 202.") reported.. 'Prison is a hard ciivironnieni for everyonc. And yoii have no Idea ihe incredhble positive impact of a stranger sl)owing you a bit of liumanily, kindness aDd encouTag¢m¢nt wlien all we are surrounded by is damaged people. From my heurt and soul. thank vou.. Fundr*i%ing Tlie cliarity'5 priniary %OUTte tsf funding iYa5 grartis from Trusis and l-.ound&tioDs, w,hich accounted for 51.54J/o of toial incoijie. IloweveT we wcrt a150 vcry fortuiiate to receive a generous l¢ga¢y froni a long-lertn supptsff er. Tliis. couplcd iyiil) oilier don21iOti.% from iiidividua15 accounted for a fvrther 44.9Y¢ of ineonje, willi t]ie rernaining 3.6% interest froii) invested funds. We #re exlreniely gratetul for the continued SUPPOTt of a rangc of grai>l giving trusts and foundations. as well as Indivjdual dojiors. We have been lh¢ filrtunatc recipient of several generous legacies in re¢eni y¢ars. each ol'whirh has been hugely poiverful in enabling us io iiivesi in the organisalion so thai we can 5cal¢ lip 10 n)¢¢i ihe ¥rowing needs (kf isolared prisoners. FINANCIAL REVIEIV The strategy dei'elopiMenl project saw the chayity budget for a planlltd defi¢ii in the )'ear ot'£120.468. We have biidgeted for z mueli smaller defi¢it in 2024 of £87,000 as lh¢ deN'¢lopMient project CL)nlintt¢b. Reserve5 polfftcy The ioial unrestricted funds a5 at 31 December 202_3 iOLqlled £187.079 and is in line witli the charity'5 regerv¢s policy. A ¢opv of tliis policy is available on ilic cliarity'5 websire. Page 2
The New Bridge boUnda1n Report of the Tru$te¢$ for ihe jear endtd 31 December 2023 srRIICTURE, GOVERf4ANCE AND MANAGEMENT Goi'erning do¢um¢nt The charity is conlrolled b). its goveming do¢uii)ent. a deed of tnjst. and constitutes a limited ¢oit)pany, limiied by guarantee, as defined by tlie Cojiipanies A¢t 2006 and incorporated in 2004 Risk nianagement The charity regularly revtew5 IIS risk, in line with Ch8Tiiy guidance. Recrnitment And appointment of new tTUStees Trustee5 have a rdnge of experience in CriJIn3l justice and busiiitss. Neiv iruslee5 are appointed tliTouoh an open adv¢ni5iniy ean)paign highligliting the need for people with certairb skills ro OV¢Tsee tlie Charity. Trustees are Sent the Cliarity C.omt)iissioii's Esseniial Trustee Cjuide. the Arti¢les of Association. rjiosl re¢enl annual repor( and befriending service evaluation. Induction includes briefin¥ 5ession% frojn the Chair about Ihe obligations of Irustees aiid liow the board operates. an oveTVl¢W of finaoies from th¢ Treasurer and briefings from the Chief Executiv¢ and staff team. Tnistees are enwuraged to patlicipatt in a trainin¥ couj'se for vvluntcers and to attend a regional gioyp llleetitt to understand how New Bridge operates. Organis2tioRxl Structure The New Bridge Foundation ha5 a board of l¢n trustees wlio meet four limes a y¢8T and are responsible for tlie Sirate¥ic directton and policy of tl)e charity. Day to day Tesponsibility for tl)¢ ¢harÈty rests with the Clii¢f Executive aThd provision of befriending and monagemenl of the volunteer5 15 led by tlie Director of Befriending supported by tl)c FJefriendÉng Coordinator. Tlie Operations Manager is also Company Se¢Tetary responsible for regular fundraising and for financial nd business system5. Related partles New Brid¥e lias a Thliolly ow'ncd subsidiary compaiiy Inside Time Ltd wliich produces the ttew5paper for prisoners. In line witli Ilie fjoven)ing docuiiients rwo N¥ Bridge I rustces are dir¢clors of Inside Tini REFERENCE AND ADMINISTRATIVE DETAILS R¢¥istered Compxn). number 05048063 (Not specifJedlOrh¢rl Registered ChArity number R¢gi5tered offiee IA ESni Park JA)ndon SW2 2TX Page 3
The New Bridge FouTrdation Report of the Trustees for the )'t¥r ended 31 De¢ember 2023 Trustees Dr Peier John Bennett Helen Booihjiian Cliair Faye Dyke (resigned 30.4.20231 Cristiaija Viana Cardoso Shepherd lappointed iO.8.20231 Dr Lynne Game Marie Loeb lappointed 28.11.20231 Susan Ellen Nicholas MBE Iresigiied 30.4.20231 Jolin Patrick O'Reilly Ann2 P2rley Ailie RenJii¢ Kevin Traynor Sara Zalin Patron HRH Pn"n¢e$s Alexandr& Thc 14on Lady Ogilvy. KG GCVO President Michael Spurr. CB Vice Presidents Reverend Jonatlian Aitken Professor David Wilson Chief Executive Dr Lucy Ball CompAny Secretarv Donna France5 King IDd¢pendent ExAmineT Grant Harrtsd Lemian Davis LLP Chartered A¢¢ounianrs 1st Floor Healthaid House Marlborough Hill Harrow Middlesex HAI IUD Solicitors Bate5 Wells l O Queen Streer Place London EC.4R I BE B#nkers AF Bank Ltd 25 Kings Hill Aveniie Kings Hill Wes¢ Mallin¥ Kent ME194JQ HSBC 210 High Holboni Londoii WCIV 7HD Pa¥¢ 4
The New Bridge Troundxtion Report of the Trustees for the >'ear d d 31 Deetmber 21123 AppToved by order of the board of tDJstees on ............................................. and signed on its behalf by.. Hel¢n thman - Trustee Pag¢ 5
Independent Examiner's Report to the TriLStees of The Nem. Brbdge Fouttd#tion IndependeThl ¢x•niintr's rewbrt to the tru5tee5 of The New Bridge Foundation ('the CompAny'} T report to thc charity iruslees on rny examination of the accounts of tli¢ Compan>, for the year eJKied 311)e¢emb¢r 202). Responsibilities and basi5 of report As tlie charity's trustees of ilje Company land also its dtTCCtors for Ihc purposes of ¢oJiipany lawl you are r¢sponsibl¢ for the preparalioii of il)e accounts in accordancc willi the requirements of the Conipani¢s Aci 20061'ih¢ 2006 ACVI. Having $2ti.sfied m)self that the accouiits of the Company aT¢ ntsi required io be audited under Part 16 of Ihe 2006 Act and ar¢ eligible for independent ¢x8111inalion, I report in respeti of my exan)ination of your cliatiti s account8 as Caled oul under Se¢lion 145 of the Cliarities Act 201 I Imhe 2011 AGV). In ¢arrying out my cxamination I have followed the DirectlOJ15 given by ihe C"harity con7)Is$lon onder Section 14515) Ibl of ihe 2011 Act. Independent examiner's stMt¢ment I liave cotiiplctcd nis, examinalion. l eonfirni that no ii)aii¢ts hav¢ ¢onie to iny att¢nlion in connection iviili t]ie examination giving Ine cau5¢ to believe.. accgunting records were not kept Èn resp¢¢t of ihe Company as required by S¢ction J86 of the 2006 Act: or Ihe accounts do noi )ccord with those records", or the accounts do not comply with thc accounling requir¢nients of Section 396 of ih¢ 2006 Act other than any reqiiircment that th¢ aicounts give a true fair view which is not a matt¢r considered as part of independent examinaiion" or Ilie accounts liave not been preparcd in accordantt with the metl)ods and principles of the Statement of Recomnitnded Prae15ce for attounring and reporting by cliaririe$ lapplicablc to charities preparing ih¢ir accounts iii accordancc with the FIan¢t31 Reporting Standard #ppli¢able in ilie UK and Rcpublir of Ir¢laDd IFRS 1021). I liave iio coi)ceins and l)ave ¢oiiie across no otlier Iiiatrers irt connectiot) iyitli tl)e examination to wl)ich attention should be drawn in iliLS report iii oid¢T lo cnabl¢ a proper undersianding of the accouNls 10 be rea¢lied. Jer¢Jiiy Harrod FCCA Grant Harrod Leiman Davis LLP Cliartered Accounlants 1st Floor Hcaliliaid House Marlborougli Hill HaffO, Middlescx HAI IUD Date.. Pa¥e 6
The New Bridge Foundatlon Statement of Financial Ae(ivitie5 for the )'ear eDd¢d 31 Dertmbtr 202J 202.3 Tolal fund5 2022 Total funds Unr¢siri¢ted fund Restricted funds Notes IP4COME AND E,Doll1METs FROM Donations and le¥acies 170.564 170,564 98.746 InveMent in¢ome 6.277 6.277 10,198 176841 176841 EIPENDITURE ON Raising funds 70.424 70.424 53,154 CTh#ritable adivitt¢s BefriendiTTrg Adjninistrtstion costs Strategy D¢veloprnent 177.778 22,i52 26.755 177.778 22.352 26.755 152,550 25.923 68.790 Tol#1 297.309 297u09 300417 NET JNCOMEI(EXPENDITURF.) 1120,4681 1120,4681 1191.473 RECONCILIATION OF bUNDS Total funds brought fonvard 307,547 307.547 499,020 TOTAL PUNDS CARRIED FORWARD 187,079 187.079 307 547 The notes forni part of il)ese fJnai?cial ststejiients PaEe 7
The New Bridge Foiind4¢ion Balance Sheet 31 DLYember 2023 2023 'Folal funds 2022 Totsl fund5 Unr¢stri¢ttd fund Rcstricled fund5 Notes FIXED ASSETS Tangibl¢ assets Investfflents 725 17).317 725 173 317 261.709 174,042 174.042 261,709 CIJRRENT ASSLTS Debtors Casl) a¢ bank 148 24.li3 148 264 65,572 24281 24,281 65,8)6 CREDITORS Arnount5 falling du¢ within one year 12 {11.244) 111,2441 (19.998) NET CIFRRENT ASSETS 13.037 13.037 45,8i8 TOTAL ASSETS LESS CURRENT LIABILITIES 187.079 187.079 307,547 NET ASSETS 187079 187079 307547 FUNDS Unre51rirtcd funds 187.079 307,547 TOTAL FIINDS 187,079 307.547 The ¢hariiable eompany is entitled to ¢xeinption from audit iind¢r Seclion 477 of the c.olpanieS Act 2006 for ihe year ended 3 1 Deceinber 2023. 'lkne menlbers liave not required ilie ¢ompanv lo obiain an audii of it5 finanrial slalements for tli¢ year ¢ndcd 31 December 2023 in accordanct willi S¢¢rioJi 476 of the Conipanies Act 2006. Tlie tru&leE5 acknLTrwledge Ilietr re$pon5ibililJes for (al cn5urin¥ ihal tlie cliarltable Company keeps accounting records thai conipl), with Se¢ih)n5 386 and 387 of the C.oinpaiiies Act 2006 and preparing finaiicial statenienrs wlsiLli give 2 Irue and fair view of Ilie $lale of affairs of the charirable coinpany a5 at tlie ¢nd uf ea¢li fit)ancial year aiid vf ils surplus or deticit foT eacli financial year in accordance ivitli tlie requireiney)is ol'S¢ciion$ 394 aiid 395 and ivhicl) ot11er.ise comply with the requir¢i)ieniS of the Companies Act 2006 relatiiio lo tinancial stateii)enTS. so far as applicable lo ihe charitable conipany. Ibl The noles foTm port of these finali¢l statellients Page 8 ¢ontinued...
The New Bridge FOndatiOn Balance Sheet- continued 3 l Dt¢eJnber 2023 The$e fJTran¢ial 51alements have becn piypared in a¢¢ordan¢e wtth (he provisions appli¢able lo ¢harilable Lompanies subject to ihe sniall compani¢s regiine. The fi cial statements ivere approved by ihe Board of Trustees aThJ auihori5ed for issue on Ly-................. and were signed on its beliulf by.. BooThiiian - Trustee K¢vin Traynor- Tnist¢e The t101¢5 fomi parl of iliese finai)cial slateltlS Page 9
The Bridge FoundatlDII Notes to the FID¥ncig1 stteMents for the yeaw ¢nded 31 De¢¢mber 2023 ACCOIINTING POLICIES B#$is ofprepAring the fiDan¢ial statement5 Thc f¥nan¢ial stat¢ments of tlie Chatable conipany. which is a public benefit entity under l.-RS 102, have been prepared in ac¢oTdance with the Chariti¢s SORP IFRS 1021 'Accounling and Reporting by Charities.. Statciiienl of Recommended PrJ¢ii¢¢ applicable to charities preparing tl)eir accounts in accordance with tlie Financial Rep()ning Standard applicable in tl)e Uk athd Repllblic of Ircland IfRS 102} leffective l Jaiiuary 20191,, FinaTrcEal Reporting Siandard 102 The Financial Reportino Standar(J appli¢able yn tli¢ UK and Republic of ITeland' and the Conipanies A¢t 2006. Thc fiTJancial sthien)¢nts have bern prepared under the histOTical cost conv¢ntion. Ivith the cxceplion of inv¢stn)ents whicli are in¢luded at niarket valuc, as niodificd by th¢ revaluation of ceNain assets. All in¢om¢ is recogni%ed in the Statement of Finan¢ial Activities ollce Ihe ¢harity has en(itl¢m¢nt to lh¢ funds. il is pmbable that the income )vill b¢ r¢¢eived and the aTnouni Can be measuTed reli3bly. Expenditure Liabilities are Fecognised as ¢xpenditure as soon as there is a legal or ¢onstrudive oblik?ation ¢ommittin¥ ihe charity to that expenditiire. it is probable th a trdnsfer of ecoiiomic benefits will be reqiiired in s¢itlen)tnt 2nd tIEc amount of the obligalioii ¢8n b¢ measured reliably. Expenditure is accounted for on an acctwa15 basis and lizs been classified der headings ihat aggregate all cosi related to the catcgory. Wli¢re cost5 cannot be dir¢dly attributed to particular headings they liave bcen allocated to a¢tivities on a basis ¢onsist¢nt witli the use uf resources. Allo¢ÈtiDn And gPPOrtSOnmet of costs Supwrt costs are ba5¢d on a percentage of th¢ actual costs incurred. cal¢ulated on a staff lime basis. TAngible fixed #ssets Depreciation is provided at tlie folloi¥ing annual rate5 in order to write off each assei over its estijnated usrful Fixtures and fittiny5 Con)piiiei' eqisipiiient 250A on cost 25Yo on cost Taxatlon The charity is ex¢mpi from corporntion tax on its charitable adiviries. Fund accounting lJnTestricled fvnds CAth b¢ used in accordance with ilie charitable objectives al Ilie di5cretiort of the IrustCe5. Re¥tri¢ted funds Can onty be used for particular re%tricied purposes withiij the objects of ihe charity. Restriction5 arise wlien specified by ilie donor or when fdS are raised ftsr particular restricted purw5es. Further ¢xplaiiation of the nalure and purpose of each fund is included IJJ tlie notes to Ilie financial statenients. Voliiiiteer5 In accordance with SORP 2005. the ¢oniribution of volunlecrs is not reco¥niscd in th¢ FiThanCi Statements. a5 the ¥aliie of iheir coniribthion cannoi be reasoiiably qLianlified in financial temis. An rxception tnay be made where d donor provides services as part of Ih¢ii Irade or profession and where the charity woiild otherwisc have had 10 piircliase th05¢ services exiernally. In thes¢ ¢ases. if Inaterial. those donated services WOL]Id be valued at th¢ open Ivark'tt value to the ¢h8ri1y. Page 10 continued...
The NeTh' BTidge FoundAtion Notes to the Fingn¢5al Siatemen15- continued for the )'ear ended 31 December 2023 INIKESTMENT INCOME 2023 2022 Other investment income 10.198 NET INCOMEIIEXPENDJTISRE) Nei ineoindiexpendithrel is stated after char¥in(CredItI11g)'. 2022 D¢prerialion- owned assets 363 TRVSTEES. REMUNERATiof4 AND BENEFITS Tliere were no truslees, remynerarion or other bencfits for the year ended 31 De¢cinber 2023 nor for the year endcd 31 Deceinber 2022. Triistees expÈn$es Trust¢e5 were reirnburscd travel expenses during the year amounting ro £660.00 s'rAFF COSTS 2023 2022 Wages aiid salaries So¢i2l 5ecuriiy eosl$ 180,244 14.886 152.986 12.969 195.130 165.955 Tile averngc monthly nuiiiberof en)ployees during tlie year WAS as follows-. 2023 2022 Direct ¢haTitable ivork Adrninislralion No einploye¢s received eniolumen15 in ex¢¢ss of £OO.QOO. One membei. of sia(f JtLeived a salarv of more than £60.000. Pagell continued...
The New Bradge Found?tio Note5 to the Fingn¢ial StAteThents- contlnued for tht }'egr ended 31 Dttember2023 COMPARATIVES FOR THE STATEMENTOF FINANCIALAcfiiiiTIES Unrestri¢led rund Restricted fund5 Total funds IP4COME AND ENDOWMENTS FROM Donations and legacies 98,746 98,746 Investmtnt incoine 10.198 Total 108.944 108,944 EAPEIYDITIIRE ON Raising funds 53,154 53,154 ChAritable activities Befriendin¥ Adniinistration costs Strategy Development 152.550 25,923 68.790 152.550 25.923 68.790 Total 300417 31H).417 NET INCOMEI(EXPENDITIIRE) 1191,4731 1191,473} RECOES'CJLIATION OF FIINDS Total funds bToughi fuTw&rd 499.020 499.020 TOTAI, FIINDS CARRIED FORWARD 307.547 i07 547 FIXED ASSET INVEsfMEIYTS lTh¢re wtr¢ no investmenl assets outside the UK. Th¢ company's inv¢s11)ieDis ai ihe balan¢¢ Sheei date include tlie following.. Inside TiJn¢ Limited Nature of busincss.. Publishing of newspapers for prisoners Inside Tinie Lirnited la lully ow¢Jed sllbsidiaril is a ¢onipany ILIMjlcd by 8uaTantee and does not havc any share ¢apiial. 2023 2022 A0 Te(patc capitsl and rcscrves Surplus for die )ear 91.543 75.208 4.929 Page 12 C4)ntinued...
The New Bridgt Foundation Nvtes to the FtnAn¢ial Statements rontfftnued for the )-eAr ended 31 D¢¢ember 2023 INDEPENDENT EXAMINATION FEE Tiic Independenl Examination Ftc for the }'ear is £1,920. TANGIBLE FIAED ASSETS Fixtures and fittFngs Compuler equipment Totals COST Ai l Jaiiuary, 2023 Additions 3.025 1,088 1.088 Al 31 Dccember 2023 3.025 1,088 DEPRECIATION At l January 2023 Charg¢ for year 3.025 3,025 36.1 363 At 31 Deceinber 2023 363 3.388 NET BOOK VALIIE Ai 3 1 December2023 725 725 At 31 December 2022 FIXED ASSET IN'IIESTI¥IENrs Unlisted invtstincnts MARKET VALIIE Al l Jaiiuary 2023 Disposals Revoluaiions 261.709 1100.0001 11.608 Ai 31 De¢einber2023 173J17 NET BOOK VALUE At 31 Decthnber 2023 173 At 31 December 2022 261.709 There wer¢ no investment assets Outside the UK. Pau¢ 13 continued..
The New Bridge Foundation Notes to the FillADcial StaiemeDts- ¢ontinued for the )'e#r ended 31 December 2023 10. FIXED ASSET INI'ESTMEF4'15- continued Cost or valuaiion at 31 DeeeThber 202) is repr¢sented by.. Unlisied investmcnts Valuation in 2019 Valuarion in 2020 Valuation in 2021 Valuation in 2022 Valuation in 2023 Cost 18.716 16,267 25,222 158,2821 1.608 159.786 173.317 The Company's iE)vestments at ihe bal¢¢ sheei dat¢ in ¢he share capital of companies include the following.. Inside TiTne Limited Regislered office.. Nature of business.. Publishing of newspaper for prisoners Class of shai?.. holding Inside Tin]e Limited is 3 fully owned subsidiary of The New Ilridge Foundation. 15 a cort)pany liniiied by uarnnlee and does llot hav¢ any share capital. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 2022 Other dcbtors PrepaYjents and accrued incon)e 97 167 148 148 264 12. CREDITORS.. AMOIINTS FALLING Dub IVITHIN ONE YEAR 2023 2022 Trade creditors Otlier creditors Accruals and deferred income 330 7.247 i.667 10.949 7.129 1.920 1,244 Page 14 continued...
Tht New Bridge Foundation Nvtes to the Finan¢ial Stgtement5- continutd ror Iht )'t#T ended 31 December 2023 13. fvIO1,ElET IN FUNDS Net movement in funds Ai 31.12.23 At 1.1.23 Unrestricted fuThd$ General fund 307.547 1120,4681 187.079 TOTAL FIINDS 307 547 1120,4681 187.079 Net mov¢meiit in funds, included in tlie aknw¢ are as follows.. Incoming resour¢¢s Resourc¢s expended Mov¢menl in funds Llnrt5tricted funds General fund 176.841 1297.3091 120.4G81 TOTAL VIINDS 170.841 297.3091 1120.4681 Comparativts for movement in funds Net I0ve11)ent in funds Ai 31.12.22 Ai 1.1.22 LlnrestTlCted fund5 General fund 499.020 1191,47il 307,547 TOTAL FIINDS 499.020 1191.4731 307,547 Coirparalive nel imoveient in funds, included in th¢ above are as follows.. Inconiing resources ResouT¢¢S expended NloVneFJt it) funds Ilnre5tricted thnd5 Gcneral fund 108.944 {.300.417) 1191,4731 TO'fAL FliYI)S 108.944 1300,4171 {191,4731 Page15 coniinued...
The New Bridge Foundxtio Note5 10 the Flninclal Stgte)nenls- con11lled for th¢ )'egr ended 31 December 21ll3 13. OI'Ei%IFNT IN FIINDS- continued A curr¢ni y¢ar 12 months and prio¥ year 12 months combined position is as follows.. Net movemeni in fiinds At 31.12.23 At 1.1.22 [Inre5tricted funds General fund 499,020 187,079 TOTAL FUNDS 499,020 (311,9411 187.079 A current )'ear 12 months aiid prior year 12 months combined nel movtment in funds. ineluded in the aiK>ve are as follows-. Incoming resoiirces Re50urees expended Mo¥einent in funds Unrestricted funds General fund 285.785 (597,7261 1311.9411 TOTAL FIINDS 285 785 1597 7261 3119411 14. RELATED PARTY DISC.IS11Rs During Ihe year the CliaTiiy received 3 donatron from its subsidiary,. Inside Time Limited, amounting to £Nil {2022- £Nill. A5. LIABILITY OF mEIBERs The company is Consiiluted as a company limited by guarantee. In the event of the charity bein8 woiind lip JiiembeT5 art regUiTEd io ¢onlribiite an amouiit not exceeding £1 Page 16