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← Bridge Priory Trust

2025-07-31-accounts

BRIDGE PRIORY TRUST

(A COMPANY LIMITED BY GUARANTEE)

TRUSTEES’ ANNUAL REPORT & FINANCIAL STATEMENTS FOR YEAR ENDED 3157 JULY 2025

Company Registration No. 06643686 Charity Registration No. 1125780

BRIDGEPRIORYTRUSTO

CONTENTS

Page
Trustees’ Annual Report 1-3
Statement ofTrustees’ Responsibilities 4
Independent Examiner's Report 5
Statement of Financial Activities 6
Balance Sheet 7
NotestotheFinancialStatements 8-12

BRIDGE PRIORY TRUST TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 315" JULY 2025

The Trustees present their report and accounts for the year ended 31 July 2025.

VYNER ROAD SOUTH

Support staff, employed by Natural Breaks, have been in our Ivy Cottage bungalow (as we Call it) for thirteen years and they have continued to look after the residents who have complex needs.

Mal continues to do a brilliant job as our maintenance man, visiting the bungalow whenever needed.

SOUTHBANK ROAD

Apart from a few teething problems initially, mostly maintenance issues, the residents settled in well and support staff, employed by Natural Breaks, were doing a good job caring for them.

In March the landscaping work began on the back garden. This included the installation of a ramp to enable the residents to access the outside area and the opportunity to enjoy the excellent summer weather. Upon completion in May, the parents held a strawberry tea afternoon to say thank you to Trustees.

The Chair of Trustees gave thanks for the life of Jeff Carruthers (a much respected Trustee) who passed away in October, having served as a Trustee since 2008 when the Trust was formed.

Mal continues to oversee maintenance work, safety checks, etc. at the premises.

|

Plans were afoot to appoint a new Trustee.

As always, we give thanks to our Lord and Saviour for His faithfulness to us.

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BRIDGE PRIORY TRUST TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 315" JULY 2025

Structure, Governance and Management financial instruments

Objectives and policies

To relieve and support people with learning disabilities in Merseyside, including but not by way of limitation, through the provision of quality housing so as to achieve independent living with appropriate support.

Achievements and performance

Since the formation of Bridge Priory Trust the Directors (Trustees) have provided fully accessible accommodation to adults with complex needs, to live in supported living homes within the south Liverpool area where they have lived for most of their lives.

Financial review

The principal sources of funds are gifts from various donors to the charity, and income from the tenants’ rental and service charge payments.

The investment policy is to have security with interest and to that end funds in excess of working capital have been transferred to a savings account with Barclays Bank.

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BRIDGE PRIORY TRUST TRUSTEES’ ANNUAL REPORT FOR THE YEAR ENDED 315" JULY 2025

REFERENCE AND ADMINISTRATIVE DETAILS REFERENCE AND ADMINISTRATIVE DETAILS
Name Bridge Priory Trust
Company Number 06643686
Charity Number 1125780
Registered Office Bridge Chapel Centre
Heath Road,
Liverpool,
Merseyside, United Kingdom
L19 4XR
Board ofTrustees The Board
of Trustees are		 also its directors. The charitable
company is governed by a Board of Trustees; members of the
Board ofTrustees during the year are listed below:
Trustees Jeffrey Carruthers (Deceased on 26" October 2024)
Irene Summers
Jean Houghton
Susan Carruthers
Lynne Lloyd
Lynn McNaught
Independent Examiner Mrs Ying Huang FCCA
Mather Avenue
Liverpool,
L18 6JY
Bankers Barclays BankUKPLC
1 Churchill Place,
London,
E145HP

The trustees’ report was approved by the Board of Trustees.

Irene Summers Trustee Dated: 2 | Fots|fee} .202b

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BRIDGE PRIORY TRUST STATEMENT OF TRUSTEES’ RESPONSIBILITIES

The trustees (who are also the directors of Bridge Priory Trust for the purposes of company law) are responsible for preparing the trustees’ report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland”.

Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including its income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. Signed on behalf of the Board of Trustees

irene Summers

Trustee

Date: a} febf aca

Ae

INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS TO THE TRUSTEES OF BRIDGE PRIORY TRUST

| report on the accounts of the charitable company for the year ended 315! July 2025, which are set out on pages 6 to12.

Respective The Trustees (who are also the Directors of the charitable company for responsibilities of the purposes of company law) are responsible for the preparation of trustees and the accounts. The Trustees consider that an audit is not required for examiner this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

Basis of My examination was carried out in accordance with general Directions independent given by the Charity Commission. An examination includes a review examiner's of the accounting records kept by the charitable company and a statement comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent In connection with my examination, no matter has come to my examiner's attention: statement (1) which gives me reasonable cause to believe that in, any material respect, the requirements:

Name: Mrs Ying Huang EE. Relevant professional qualification or body: FCCA Address: Mather Avenue, Liverpool, L18 6JY Dated: ... O2f er,[222b.

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BRIDGE PRIORY TRUST STATEMENT OF FINANCIAL ACTIVITIES (Including Income & Expenditure Account) FOR THE YEAR ENDED 315! JULY 2025

Notes Unrestricted Restricted Totals Totals
Funds Funds
2025 2025 2025 2024
Incomeandendowments
from:		 £ Ps £ Fs
Donations and legacies 3a 9,344 - 9,344 95,847
Other trading activities 3b 24,843 - 24,843 15,487
Investments 3c 234 - 234 141
Total income 34,421 - 34,421 111,475
Expenditure on:
Charitable activities 4 20,159 - 20,159 13,445
Total expenditure 20,159 - 20,159 13,445
Net (expenditure)/income, net
movement infunds		 14,262 - 14,262 98,030
Total funds brought forward 10 530,953 194,121 725,074 627,044
Totalfundscarriedforward 10 545,215 194,121 739,336 725,074

The notes on pages 8 to 12 form part of these accounts. All the above amounts relate to continuing activities of the charitable company.

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COMPANY NUMBER 06643686

BRIDGE PRIORY TRUST BALANCE SHEET AS AT 315" JULY 2025

----- Start of picture text -----
Notes 31° July 2025 315t July 2024
Fixed assets £ £ £ £
Tangible fixed assets 7 711,569 711,655
Current assets
Debtors 8 1,094 2,294
Cash at bank and in hand 10 26,673 11,125
27,767 13,419
Current liabilities
Creditors: amounts falling due 9 7
within one year
Net current assets 27,767 13,419
Total assets less current
liabilities 739,336 725,074
Funds:
Unrestricted funds 11 545,215 530,953
Restricted funds 11 194,121 194,121
739,336 725,074
----- End of picture text -----

These financial statements have been prepared in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102).

These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies’ regime and in accordance with FRS102 SORP.

The members have not required the company to obtain an audit of in accordance with section 476 of the Companies Act 2006.

For the period covered by these accounts the charitable company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The Trustees, who are the Directors of the charitable company, acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

Approved by the Board on: a Jan202b

Irene Summers

Trustee

Date 2] feb] 2026

af

BRIDGE PRIORY TRUST

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 315' JULY 2025

1. Limited Liability

Limited Liability | + : The charitable company is a company limited by guarantee. Each member's liability is limited to £nil towards the assets of the charity in the event of liquidation.

2. Accounting Policies

Basis of Accounting

The accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) as amended for accounting periods commencing from 18t January 2019 and Charities Act 2011 and the Companies Act 2006.

The accounts are prepared in sterling, which is the functional currency of the charitable company. Monetary amounts in these financial statements are rounded to the nearest £.

Going concern

At the time of approving the accounts, the Trustees have a reasonable expectation that the charitable company has adequate reserves to continue in operational existence for the foreseeable future. The Trustees are confident that the levels of liquidity and free reserves will not affect the charity’s operations. Thus, the Trustees continue to adopt the going concern basis of accounting in preparing the accounts.

Fund accounting

Unrestricted funds are the charitable company’s free reserves available for the Trustees to apply in accordance with the charitable company’s charitable objectives.

Designated funds are funds set aside by the Trustees out of unrestricted funds for specific future purposes.

Restricted funds are subject to specific restrictive conditions imposed by the donor. All restricted funds are accounted for as restricted income and expenditure for the purposes is charged to the fund.

Income recognition

All income is recognised once the charitable company has entitlement to the income, there is sufficient certainty of receipt and so it is probable that the income will be received, and the amount of income receivable can be measured reliably.

Donations and legacies comprise of donations and general grants which are recognised in the accounts when received, with the exception of known legacies which are accounted for when their receipt is certain.

Income from charitable activities is recognised on an accrual’s basis except for grants receivable, which are recognised on the date on which their unconditional payment is confirmed by the donor. Income from investment relates to bank interest'received-and is recognised when the amount is certain. Other trading income relates to all fundraising events and is recognised when the amounts are certain.

Expenditure recognition

Liabilities are recognised as soon as there is a legal or constructive obligation committing the charitable company to that expenditure, it is probable that settlement will be required, and the amount of the obligation can be measured reliably.

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DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 315" JULY 2025

BRIDGE PRIORY TRUST

All expenditure is accounted for on an accrual’s basis. All expenses, including support costs ana governance costs, are allocated or apportioned to the applicable expenditure headings in the Statement of Financial Activities. Support and governance costs are applied to unrestricted funds unless specifically included in the restrictions, as specified by the donor.

Expenditure on charitable activities relates to the operation of the charitable company comprising of direct charitable expenditure to meet the objectives of the charitable company. Support and governance costs relate to the management and operation of the organisation and also compliance with constitutional and statutory requirements in producing the annual report. These are dealt with in the Statement of Financial Activities when payment has been approved by the charitable company.

Tangible fixed assets

Tangible fixed assets are stated in the balance sheet as cost or revaluation less accumulated depreciation. Individual fixed assets costing £0.00 or more are initially recorded at cost. Depreciation is provided to write off the cost of each asset over its expected useful life as below: Fixtures and Fittings 5% per annum straight line basis

Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other shortterm liquid investments with original maturities of three months or less, and bank overdrafts.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charitable company’s contractual obligations expire or are discharged or cancelled.

Taxation

Income and gains are exempt from taxation as they are received and applied for charitable purposes only. The charitable company benefits from various exemptions from taxation afforded by tax legislation and is not liable to corporation tax on income or gains falling within those exemptions.

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BRIDGE PRIORY TRUST

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 315" JULY 2025

3. Income and Endowments from:

----- Start of picture text -----
|||||||||||| |---|---|---|---|---|---|---|---|---|---|---| |Unrestricted|Restricted|Total|Total| |Funds|Funds|Funds|Funds| |2025|2025|2025|2024| |a.|Donations|and|legacies:|£|£|£|£| |Donations|9,344|-|9,344|95,847| |Income|from|donations|and|legacies|for 2024 £0|related|to|restricted|funds.| |b.|Other trading|activities|£|£|£| |£| |Property|rental|income|24,843|>|24,843|15,487| |income|from|other|trading|activities|for 2024|related|wholly|to|unrestricted|funds.| |c.|Investment|income|£|£|£|£| |Bank|interest|234|-|234|141| |Expenditure|on|charitable|activities| |Direct|Support|&| |Charitable|Governance|Total|Total| |Expenditure|Costs|2025|2024| |£|£|£|£| |Support|Costs|and|Governance|costs|20,073|86|20,159|13,445| |a.|Analysed|as|follows:| |2025|2024| |Support|costs:|£|£| |Repairs|&|Renewals|18,661|12,024| |Buildings|Insurance|1,378|1,301| |Legal|and|Professional|-|-| |Sundry|34|34| |20,073|13,359| |Governance|costs:|£|£| |Independent|Examiner fee|-|=| |Depreciation,|amortisation|costs|86|86| |86|86| |Total|expenditure|on|charitable| |activities|20,159|13,445|

----- End of picture text -----

  1. Expenditure on charitable activities

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BRIDGE PRIORY TRUST

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 315 JULY 2025

5. Trustees’ remuneration and expenses

No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.

6. Taxation

The Charity is a registered charity and is therefore exempt from taxation.

7. Tangible fixed assets

----- Start of picture text -----
|||||||||| |---|---|---|---|---|---|---|---|---| |Land|and|Furniture|Totat| |Building|and| |Equipment| |Cost|£|£|£| |Balance|at|15' August 2024|711,011|1,717|712,728| |Addition|during|the|year| |Balance|at|31°|July|2025|711,011|1,717|712,728| |Accumulated|Depreciation| |Balance|at|1st August|2024|-|1073|1073| |Charge|for the|year|-|86|86| |Balance|at|315 July|2025|-|1,159|1073| |Net|Book Value|at|31%*|July|2025|711,011|558|711,569| |Net|Book Value|at|31%|July 2024|711,011|644|711,655|

----- End of picture text -----

There were no material commitments at the year-end (2024: none).

8. Debtors

----- Start of picture text -----
||||| |---|---|---|---| |2025|2024| |£|£| |Trade|debtors|1,094|2,294| |1,094|2,294| |9.|Creditors| |2025|2024| |£|£| |Trade|Creditors|=|=|

----- End of picture text -----

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BRIDGE PRIORY TRUST

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 3157 JULY 2025 10.Cash and cash equivalents

----- Start of picture text -----
|||||| |---|---|---|---|---| |2025|2024| |£|£| |Cash|at|bank|26,673|11,125| |26,673|11,125|

----- End of picture text -----

  1. Analysis of Net Assets between Funds

----- Start of picture text -----
|||||| |---|---|---|---|---| |2025|Tangible|Net|Current|Total| |Fixed|assets|assets| |Unrestricted|Funds|£|£|£| |General|Fund|517,448|27,767|545,215| |Restricted|Funds| |Restricted|funds|194,121|°|194,121| |194,121|-|194,121| |Totals|711,569|27,767|739,336| |2024|Tangible|Net|Current|Total| |Fixed|assets|assets| |Unrestricted|Funds|£|£|£| |General|Fund|517,534|13,419|530,953| |Restricted|Funds| |Restricted|funds|194,121|-|494,121| |194,121|“|194,121| |Totals|711,655|13,419|725,074|

----- End of picture text -----

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