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2023-03-31-accounts

CHARITY NUMBER: 1131941 COMPANY NUMBER: 06949568

THE BRIDGE RENEWAL TRUST TRUSTEES REPORT AND ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2023

THE BRIDGE RENEWAL TRUST

TRUSTEES ANNUAL REPORT For the year ended 31 March 2023

CONTENTS Page
Legal and administrative information 1-2
Trustees’ report 3-34
Auditor’s report 35-37
Statements of financial activities 38
Balance sheet 39
Statement of cash flow 40
Note to the accounts 41-52

THE BRIDGE RENEWAL TRUST TRUSTEES ANNUAL REPORT For the year ended 31 March 2023

LEGAL AND ADMINISTRATIVE INFORMATION For the year ended 31 March 2023

TRUSTEES

Rachel Hughes Chair Michele Eastmond Vice Chair Paul Birtill Treasurer Yvonne Denny Lorne Horsford Natasha Afflick Joe Baker Lucia das Neves (Resigned 31st January 2023) Glyn Clark (Appointed 19th April 2022) Mary Mason (Appointed 18th April 2023)

CHIEF EXCEUTIVE

Geoffrey Ocen

CHARITY NUMBER 1131941 DATE OF REGISTRATION 30 September 2009 COMPANY NUMBER 06949568 DATE OF INCORPORATION 1 July 2009

REGISTERED OFFICE & PRINCIPAL OPERATIONAL ADDRESS

Laurels Healthy Living Centre 256 St Ann’s Road South Tottenham London N15 5AZ

AUDITORS

Price Bailey LLP 3rd Floor, 24 Old Bond Street, Mayfair, London W1S 4AP.

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THE BRIDGE RENEWAL TRUST TRUSTEES ANNUAL REPORT For the year ended 31 March 2023

BANKERS

Unity Trust Bank PO Box 7193 Planetary Rod Willenhall WV19DG

Barclays Bank PLC P. O. Box 299 Birmingham B1 3PF

EMPLOYMENT LAW & HUMAN RESOURCES ADVISORS

NatWest Mentor The Royal Bank of Scotland plc. 36 St Andrew Square Edinburgh EH2 2YB

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THE BRIDGE RENEWAL TRUST TRUSTEES ANNUAL REPORT For the year ended 31 March 2023

The Trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2023 The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 October 2019).

OUR AIMS AND OBJECTIVES

Our aims

The objects of the charity are for the public benefit as set out below:

Our main purpose is to deliver practical ways that people can live healthier and fulfilling lives – thus playing our part in working towards reducing health inequalities and building stronger communities.

Our Objectives

Objective 1: People are healthier and live independent active and fulfilling lives. Objective 2: People make healthier life choices. Objective 3: Increase access to vibrant and thriving community facilities with mix of health and wellbeing activities for all members of the community.

We review our objectives and activities each year to ensure that they continue to reflect our aims and stated purposes. In carrying out the review, we have considered the Charity Commission’s general guidance on public benefit and how planned activities will contribute to the aims and objectives we have set.

Our Values

At the heart of what we do is the way that we work with people. Our starting point for identifying the priorities for what we should do are underpinned by how we want to work.

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THE BRIDGE RENEWAL TRUST TRUSTEES ANNUAL REPORT For the year ended 31 March 2023

We will offer practical ways that people can live happier healthier fulfilling lives and our approach is guided by the following values:

Our Approach

The strategies we have used to deliver practical ways to address health inequalities include:

We put these strategies into action by delivering services and projects in four specific and two cross cutting programme areas:

Specific

Cross cutting

Our programme areas are co-designed with service users to complement one another and offer a joined-up approach to working individually and collaboratively with the community and key partners to tackle drivers of health inequalities and building stronger communities.

The Charity produced a fourth Business Plan in February 2023 which is intended to steer our strategic, financial, and operational planning activities over the next 5 years. The Covid pandemic

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THE BRIDGE RENEWAL TRUST TRUSTEES ANNUAL REPORT For the year ended 31 March 2023

and cost of living crisis have affected the way we work and live our lives. The plan not only builds on our achievements over the last 13 years but also takes learning from the pandemic and cost of living crisis to set out how we will work collaboratively to support communities to continue to recover and thrive during the next difficult years.

ACHIEVEMENTS AND PERFORMANCE

How our activities deliver public benefit

During 2022-23, the charity carried out a wide range of activities in pursuance of its charitable aims. The activities which are considered by Trustees to provide public benefit to residents in and around the Seven Sisters area of South Tottenham are reported under the following headings below:

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THE BRIDGE RENEWAL TRUST TRUSTEES ANNUAL REPORT For the year ended 31 March 2023

Facilities

Throughout 2022-23 we con�nued to priori�se the safe use of our spaces. We an�cipated a sharp uptake in the use of our facili�es as our clients returned to a sense of normality. Through a combina�on of the placement of Bridge related projects and ac�vely seeking certain ac�vi�es, we finished 2022-23 with par�cipa�on levels that were higher than the pre-COVID period.

We have successfully managed to broaden the range of ac�vi�es and services on offer to a wider client group. Below is a list of regular ac�vi�es that take place within the Chestnuts Community Centre:

Adults – General Bereavement support
Digital skills.
Cra�ing: sewing, pa�ern cu�ng,
crochet, book binding, slow s�tch
Adult Choir
Parent & Child talking therapies and
Zumba.		 Women’s Fit/Women’s Box Fit
Food Hub
Yoga
Hula Hoop ftness
Capoeira ftness
Belly Dance ftness
Mar�al Arts – WingCheun
Adult – Recovery Crea�ve wri�ng
Talking groups
Music & Dance Therapy
Men’s WalkingGroup.		 Baking
Art Therapy
Cra�ing: po�ery
Over 50’s Chair based exercises. Talking groups
Children – Under 5’s Parent & Baby sensory. Ballet
Children – Primary Haringey choir
Ballet
Drama
Contemporary dance
Chess Club.		 Beavers & Cubs
Cricket training
Football training
Tennis coaching
Children – 11 plus Haringey Choir
Crea�ve art for Au�s�c children.		 Scouts
Home schooling networks
Culturally specifc Bulgarian Folk Dancing
Bengali Hindu Group.		 Nigerian Elders Fundraising Group
Ghanaian Elders Fundraising Group
Bengali Muslim Group

The North London Probha� Sanga have used Chestnuts Community Centre for the past 7 years for a range of ac�vi�es including the week-long Dura Purga, Hindu Fes�val.

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THE BRIDGE RENEWAL TRUST TRUSTEES ANNUAL REPORT For the year ended 31 March 2023

The increase in programmed ac�vi�es has made it more challenging to accommodate private hire such as par�es and recep�ons. These bookings have been moved more towards evenings and weekends, but we are sa�sfied that we are moving towards a more balanced programme.

Whole Health

Our Complementary Health Clinic, based at the Laurels Healthy Living Centre, con�nues to be popular. Regular clients are incorpora�ng the treatments on offer as part of the general self-management of their health. Despite increases in costs of materials we have decided to keep the cost of a treatment at £40.00. We may have to revisit this decision in 2023-24, but our aim is to con�nue to prove low-cost affordable treatments to the residents of South To�enham.

We face the challenge of recrui�ng new therapists who understand and are willing to work within our business model; however, in 2023-24 we will be looking to add to our range of therapies on offer.

IT Infrastructure

We built on the work started in 2021-22 and con�nued to develop our IT infrastructure to support more flexible ways of working, plus facilitate the safe return to the office. The increase in staff members since 2020 does mean that not all members of staff can come into work at the same �me; however, managers can now explore hybrid working op�ons with their teams.

Community Empowerment Programme

Our community empowerment programme aims to support the local communities to have more control over their lives, including helping them continue to recover from the severe effects of the Covid and the Cost-of-Living crisis. Between April 2022 and March 2023, the community empowerment programme provided the local community the resources, abilities, knowhow, and experiences they required, enabling them to have more influence over their life. The charity provided the following services to enable residents increase control, over their lives: Health@theHut, Home from Hospital Service, Tottenham Talking, Haringey Wellbeing Network and Community Outreach & Engagement (Somali speaking).

Home from Hospital Service: The project, which is funded by Haringey Council and North Central London ICB, aims to provide residents aged 18 and older with practical and emotional support so they can safely return home after being discharged from the hospital. In 2022-23, we supported 517 Haringey patients aged over 18 years old (annual target 500 ), exceeding our annual target by 3.7% .

We promoted the services through outreach and engagement that included handing out publicity materials in outpatient clinics, hospital wards including A&E, discharge teams at Middlesex and Whittington Hospitals, GP surgeries and pharmacies.

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THE BRIDGE RENEWAL TRUST TRUSTEES ANNUAL REPORT For the year ended 31 March 2023

A summary of key activities in 2022-23 included:

The breakdown of the Haringey patients who benefited from the service between 1 April 2022 and 31 March 2023 is shown in the charts below.

Chart 1: 281 (54%) female and 236 (46%) male patients received essential practical and wellbeing support in the last twelve months.

Chart 2 : 485 (94%) were elderly people between the age of 60 to 100 and 32 (6%) were aged between 18 to 60 years old.

Chart 3: The project supported 55% of patients who were White, 30% Black/African/Caribbean/Black British, 4% Asian, 2% Greek, 2% Armenian, 2% Mauritian, and 5% other ethnic background, according to the ethnicity breakdown. The breakdown by ethnicity was made Based on how service users described themselves.

In 2023 -24, our project team will continue to carry out our publicity and promotion including hospital wards, pharmacies, doctors’ surgeries, care homes and libraries and the emerging Haringey Locality Working model to increase referrals.

Health@theHut Project: The project,

funded by the National Lottery Reaching Communities, aims to enhance the health and wellbeing of

local residents by enhancing their diets, increasing their physical activity, growing their social networks, and learning how to take control of their own health. The project promoted healthy lifestyle changes in young people, helped parents and children develop healthy eating habits, and helped older people get physically fit and healthy so they could continue to live independently.

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THE BRIDGE RENEWAL TRUST TRUSTEES ANNUAL REPORT For the year ended 31 March 2023

In 2022-23, we successfully developed closer links and shared best practises through partnership working with the NHS, social service providers, Care Homes, Faith groups, Mind in Haringey, local schools and other organisations. The project has been extensively promoted through outreach activities, door-to-door leafleting, local schools, word-of-mouth, and visits to other voluntary and community organisations. Key achievements in 2022-23 included:

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THE BRIDGE RENEWAL TRUST TRUSTEES ANNUAL REPORT For the year ended 31 March 2023

In 2023-24, we plan to carry out the following activities:

Tottenham Talking: Tottenham Talking, funded by NHS Inequality Fund, has been running since November 2021. We offer a range of group and

1:1 which aim to enhance service users’ mental wellbeing. The current team consists of: a Project Co-ordinator, an Occupational therapist, 6 Mental Health Peer Support Workers, a Psychologist, an Art Therapist and a Psychotherapist. We also have 2 volunteers.

The group activities we offer include a mix of therapy groups, Peer Led activities and groups that focus on Leisure, Self-care and Productivity. The programme is currently running 11 face-to-face groups and activities.

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THE BRIDGE RENEWAL TRUST TRUSTEES ANNUAL REPORT For the year ended 31 March 2023

In 2022-23, we received a total of 279 referrals for our project of whom 177 are female, 109 are male and 1 non-binary. There were 106 self-referrals. We are running 3 groups in collaboration with other organisations and at alternative locations (Broad Water Farm Healthcare Centre and Clarendon Recovery College) - this is set to increase as we are planning on offering groups with sessional workers as we have done in the past. We have also worked with a Film Director and created a film in which participants shared their stories in a safe and supportive environment.

Client Testimonial

“I have found the classes put on by Tottenham Talking to be an invaluable service which has been able to help me through an especially testing time, and massively improved my emotional and mental wellbeing. Since leaving rehab for prescription medication dependency, I had been experiencing rebound anxiety, depression and low self-esteem and self-worth...These cooking sessions give me a reason to get out of my house and go to a place where I know I am safe, the staff is amazing. I love the idea to prepare different dishes from around the world.”

In 2023-24, we will continue to work collaboratively with local

organisations and experts by experience to deliver an accessible and effective programme, supporting a diverse population and in-particular, Black and Minority Ethnic (BAME) men in the borough. The programme will continue to complement NHS mental health service, supporting people to achieve their personal goals, manage their wellbeing and helping them with the motivation for change rather than taking medications - in particular achieving long term goals around employment, enhancing community connection and belonging, and improved mental health and wellbeing.

Haringey Wellbeing Network Service: The project funded by Haringey Council (in partnership with Mind in Haringey) has had a successful year. We are pleased to report that we have achieved and exceeded our implementation/ delivery plan objectives across all Key Performance Indicators for the full year. Throughout this year, we have ensured that all planned capacity building and asset development activity remains fluid and flexible, with the offer of both online and face to face provision. Key achievements during the year included:

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THE BRIDGE RENEWAL TRUST TRUSTEES ANNUAL REPORT For the year ended 31 March 2023

Groups Capacity Building:

Community Outreach & Engagement (Somali speaking): The Somali project, funded by the Home Office and Haringey Council, aims to support Somali groups who can influence and shape the borough in which they live and work. The strategy aims to create a more transparent dialogue with the council and local Somali community to achieve meaningful outcomes in areas that impact their daily lives. We have worked with the local Somali community and have agreed on the outcomes below:

In the last year, we have successfully engaged with 4 Somali organisations and 52 individuals who a have passion for change in their communities.

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THE BRIDGE RENEWAL TRUST TRUSTEES ANNUAL REPORT For the year ended 31 March 2023

Somali Community VCS Mapping : With the current high cost of living, we focused on Somali community mapping in Haringey to seek solutions to the problems arising, we also wanted to find out if there are any other problems in the community. During this mapping exercise we engaged with 34 residents, businesses, and community groups - adding six new active VCS groups into our community directory. Some of the key points picked up from our conversation:

Somali Community early years outreach/ Workshop : Working alongside Haringey Early years team we put together workshop to educate Somali parents about the importance of early education for their children. We also invited several other partners including, Cabinet member Counsellor’s, Haringey connected communities, Haringey Works, and the NHS CCG to engage around early immunisation. The workshop was successful.

Supplementary schools’ network : To celebrate the hard work and dedication of our supplementary school’s network members, we organised a workshop reflecting on some of the highlights of the past year. Looking back at some of the great work our members achieved through our dedicated support. We also used the opportunity to offer training around funding and bid writing. The session was also attended by some of our partners from Haringey Council.

Strategic Partner Service (Community Impact Haringey)

Our Head of Partnerships oversees this service, delivering capacity building support to Haringey’s Voluntary and Community Sector.

We continue to either meet or exceed our targets in key areas. Our communications, networking and convening functions are particularly valued by both voluntary and statutory sector partners. Within the service sits a Capacity Building Manager and Communications Officer, together with the Volunteer Centre Haringey.

Expected Outcomes

The service is delivered to meet the following three key strategic outcomes set by Haringey Council’s commissioners:

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THE BRIDGE RENEWAL TRUST TRUSTEES ANNUAL REPORT For the year ended 31 March 2023

The achievements of these outcomes are measured against five main key performance indicators with targets given by Haringey Council commissioners. This year we exceeded all the targets:

Capacity Building

We have once again helped to lever in over £4m of funds to the voluntary sector in the most recent reported year for the Strategic Partner Service (February 2022-January 2023). In the seven years that we have held the Strategic Partner Contract, we have now helped to bring over £20m of funds into the voluntary sector in Haringey.

Over the course of this year, our Voluntary Sector Development Manager handled over 300 enquiries from community groups and charities in the borough, with a diverse range of support given – from starting an organisation to assisting with organisation strategy.

We continue to work closely with funders, most prominently the National Lottery, with whom we regularly delivery funding workshops to help voluntary sector groups learn more about the fundamentals of bid writing and successful grant funding.

Volunteer Centre Haringey

In the last year, we have continued to promote volunteering opportunities across the borough through our dedicated resource pages on our website.

Through our Volunteering Best Practice Service, we supported 24 Volunteer Involving Organisations (VIOs) with their volunteering needs through face-to-face and online meetings.

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THE BRIDGE RENEWAL TRUST TRUSTEES ANNUAL REPORT For the year ended 31 March 2023

Website statistics for Volunteering 2022-23

Total Page Views for the year – 3,247. Average time on Volunteering page – 7m 53s minutes

Best Practice Support

Volunteers’ Week - June 2022

This year, we issued 280 certificates to local volunteers, who were nominated by 20 local organisations for their outstanding contribution and for giving their time to help Haringey good causes.

Haringey Basic Safeguarding Awareness Training

We continued to provide open access to basic online safeguarding awareness training through our dedicated webpage. The training is promoted to the voluntary and community sector in Haringey through our weekly bulletin and at meetings we attend.

Voluntary and Community Sector Forums (VCSF)

The forums continue to be a valued opportunity for the Haringey Council, the local NHS Trusts and the North Central London Integrated Care Board (NCL ICB) to engage the voluntary sector in productive and meaningful discussions on a range of issues. Themes included: Mental Health, Digital Inclusion, Cost-ofLiving Crisis, and Safeguarding Adults. Forums also included updates and consultations on the initiatives: NHS NCL ICB Community Chest fund, North Middlesex Hospital Anchor Organisation Programme, and Haringey Council’s Household Support Fund.

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THE BRIDGE RENEWAL TRUST TRUSTEES ANNUAL REPORT For the year ended 31 March 2023

Haringey Community Expo 2022

We have once again successfully delivered our Haringey Community Expo on 1 December 2022 at Tottenham Green Pools & Fitness. Over 350 people joined us throughout the day to celebrate our vibrant Voluntary and Community Sector. The event feedback was fantastic, from both stall holders and attendees, which included local community groups, Haringey councillors and members of staff, other statutory partners, and residents. Activities included:

Communications

Through our communication channels and events, we continued to engage residents, local community organisations and partners, disseminating timely information and promoting Bridge projects.

Community Impact Bulletin: The weekly bulletin is a consolidated communication channel in Haringey and a valuable resource for local organisations to promote their services and events, as well as receive updates and information that contribute to their work with the community. For this 12-month reporting period, we have: sent out 50 editions of the weekly bulletin and 24 Impact News, which is a standalone item; received 399 requests to include information in the bulletin: 46.8% from VCS organisations, 38.8% from statutory partners, 5.5% from other partners and 8.7% from other Bridge programmes; our engagement rate remains around 50% which means our subscribers are highly engaged and often open and click on our emails. That is more than twice the average ‘open rate’ for the not-for-profit industry (around 25%).

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THE BRIDGE RENEWAL TRUST TRUSTEES ANNUAL REPORT For the year ended 31 March 2023

Promoting funding opportunities: We have promoted 152 funding streams through our communications channels, including opportunities from the funders: National Lottery Community Fund, Gov.UK, Mayor of London, Lloyd’s Foundation, Clarion Futures, City Bridge Trust, Sport England, The London Community Foundation, BBC Children in Need, The Henry Smith Charity, Esmée Fairbairn Foundation, and many others.

Bridge Renewal Trust Website: Continuing work to ensure the website reflects the work we do, including developing webpages for new projects and keeping the existing webpages up to date, as well as providing relevant information and resources. The top 5 most accessed pages on our website in this reporting period are: Featured Volunteering Opportunities, Jobs, Chestnuts Community Centre, Funding Opportunities and Tottenham Talking.

Communications Internal Support: Ongoing digital support to Bridge staff to use Zoom, SharePoint, MS Teams, Outlook, Eventbrite, Canva and Mailchimp. Also provided communications support and guidance, including the creation of webpages, leaflets, banners, videos, newsletters, adverts, and social media content.

Cost of Living & State of the Sector Support: We have been in constant contact with the sector to understand the impact of the cost-of-living crisis on the local VCS organisations, their staff, volunteers, and beneficiaries. We asked groups to complete a state of the sector survey to better understand the challenges and had table discussions in one of our forums to help gather feedback on what support would be useful and productive from three primary sectors: the VCS, Council and Private sector. Following this, we created a resource hub on our website with useful information for organisations and residents, and shared updates via bulletin.

NavNet Programme

This community of knowledge has continued to thrive over the past year, with the membership having grown to over 200. The programme provides those working in resident-facing support roles with near-instant community-based answers and support via a WhatsApp group chat, in addition to regular networking opportunities and more.

We are delighted to have secured funding during this financial year to recruit a fulltime Project Manager to help drive forward the programme, increase engagement and deliver a more frequent programme of events to help members connect, network, and learn. Funding has been awarded until February 2024 when it will be reviewed. As part of our new delivery schedule, we will also be forming a leadership group formed of colleagues from the voluntary sector, council, and health sectors to help look at the longer-term strategy of NavNet.

Haringey Food Network

Our support to the Food Network this year has focussed on development of Haringey Community Food Network (HCFN) as part of continued strategic development of the Network. In addition, we have achieved the following:

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THE BRIDGE RENEWAL TRUST TRUSTEES ANNUAL REPORT For the year ended 31 March 2023

In 2023-24, we will continue to deliver the Strategic Partner Service a currently set up. It is expected that a newly configured service will be retendered during the year by Haringey Council.

Care Navigation and Social Prescribing

In 2022-23, we recruited 9 social prescribers and/or care navigators by working in partnerships with Primary Care Network, Haringey GP Federation and Whittington Health. Support services delivered related to diabetes, frailty, weight management and heart health.

In 2023-24, we will continue the partnership working and develop a Care Navigation framework to support service delivery.

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THE BRIDGE RENEWAL TRUST TRUSTEES ANNUAL REPORT For the year ended 31 March 2023

Haringey Giving

Haringey Giving is a partnership administered by the Bridge Renewal Trust that brings together local residents, community organisations, local businesses and funders across Haringey. We are making a difference to the lives of residents and supporting our community organisations. We raise funds to invest in our borough, encourage others to volunteer their time and enable people in Haringey to take action on the things that matter to them.

A new and relatively small but ambitious giving scheme, we are punching above our weight and are focused on our next stage of development. We are a proactive member of the London's Giving network, leading on the Cornerstone project - the first strategic partnership in the region.

Our vision is for an equal and inclusive Haringey where all people live fulfilled lives.

Our Mission is to increase opportunity and wellbeing in Haringey by enabling residents to work with others and take action on the issues that matter to them.

Our priorities include:

Our activities:

In addition, Haringey Giving has a convening role around our priorities, bringing together communities and stakeholders across sectors to tackle underlying issues and make more effective use of resources, locally.

Since 2019 Haringey Giving has been a lifeline to the borough, raising and distributing over £600,000 in grant funding to 129 local grass roots community projects supporting thousands of our most vulnerable people and communities. We have leveraged in-kind resources of an estimated value of £300,000 which have been donated directly to local community organisations in Haringey by our corporate partners.

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THE BRIDGE RENEWAL TRUST TRUSTEES ANNUAL REPORT For the year ended 31 March 2023

The Haringey Giving Board is grateful to our corporate donors and funders who contributed towards core operating costs, grant making, tailored projects and other in kind support available during the year including City Bridge Trust, The Cornerstone Fund, Haringey Council, Linklaters LLP, Raspberry Pi, The Bloomfield Trust, LHC Community Benefit Fund, Related Argent LLP, The London Communications Agency, The Two Magpies Fund, Woodley Coles LLP, Techrelate, IT Guys, The Orp Foundation and the Robert and Evelyn Lyons Charitable Trust.

We would also like to thank the many local residents and businesses who have helped spread awareness of Haringey Giving, raised funds, volunteered and donated to support our appeals and activities.

Distribution of funds and resources

Haringey Giving has two core grant programmes which are designed to enable people to overcome challenges in their lives and to come together to take action on the things that matter to them. We are an agile and accessible 'stepping-stone' funder. We aim to enable people and communities to make change happen and improve their lives, even if they have never thought they could do this before.

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THE BRIDGE RENEWAL TRUST TRUSTEES ANNUAL REPORT For the year ended 31 March 2023

“I was very happy to have had the opportunity to be a part of the program as I received plumbing tools through the Changing Lives fund. I was able to use my tools to practice through volunteering and working with professional plumbers to learn and develop my knowledge and skills and develop ways that will safely and effectively help me to become a more skilled and experienced plumber. I am very happy to share that I have now secured a maintenance job and have been working for the last 6 months in a very famous department store in central London.”

We are delighted to have made ten awards totalling £45,000, during the November 2022 round of our Together We Can grants programme. The ten awards made in this round demonstrate strength and diversity of community action in Haringey: all have been developed by local people working together to address pressing issues and generously share local knowledge, skills, ideas and capacity.

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THE BRIDGE RENEWAL TRUST TRUSTEES ANNUAL REPORT For the year ended 31 March 2023

Families from the Northumberland Park area will be additionally supported through Saturday’s opening of the food bank, to respond to increased demand.

mutual support and care, support their mental health and wellbeing and develop skills.

Corporate employee volunteering

During the year, we were grateful to Linklaters and Business in the Community for their support in scoping an initial pilot for skilled corporate employee volunteering in Haringey. In 2023-24, we will develop the concept and leverage support for initiative, in co-ordination with Volunteer Centre Haringey and our corporate partners.

Growing our impact

Haringey Giving is scaling up our reach and activities, building capacity and focusing on our priorities in 2023-24. We have refreshed our governance and policy framework to support good

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THE BRIDGE RENEWAL TRUST TRUSTEES ANNUAL REPORT For the year ended 31 March 2023

practice and enable effective growth and development. We are securing investment including 3- year Strategic Development funding from City Bridge Trust and 3-year Cornerstone Funding to support equitable participatory grant making.

Further Programme Delivery

Recruitment of Head of Programme Delivery

In October 2022, Bridge recruited a Head of Programme Delivery. This is a new role focusing on the development and delivery of high-quality services; the embedding of co-production values and principles across our work; and leading on impact measurement. This role has overseen the delivery of the following services:

Home Cooked

The Bridge Renewal Trust are leading on a consor�um with Mind in Haringey, Father2Father, The Godwin Lawson Founda�on and the North London Partnership Consor�um (NLPC). We were awarded £750,000 funding (April 2021- March 2023) by the Greater London Authority to develop a local impac�ul and inclusive partnership to tackle serious youth violence in the To�enham Hale ward area. It is part of the My Ends Programme run by the Violence Reduc�on Unit.

In 2022/23 the project worked with 614 young people through ac�vi�es, workshops, and mentoring. We trained 156 professionals working with young children in Youth Mental Health First Aid and Trauma Informed prac�ce. We supported 122 parents and carers through workshops on healthy family rela�onships and paren�ng skills. Over 700 local residents a�ended our events, quarterly forums and presenta�ons.

In June 2023, the My Ends Programme won the pres�gious MJ Achievement Award for Delivering Be�er Outcomes.

We are now star�ng an extension year to run the project from April 2023 un�l June 2024. The ac�vi�es to be delivered remain unchanged. We an�cipate that there will be a retender of the service before June 2024.

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THE BRIDGE RENEWAL TRUST TRUSTEES ANNUAL REPORT For the year ended 31 March 2023

NHS Chari�es Together

NHS Chari�es Together is a project that works with people from the most deprived wards in the To�enham area. It has three areas of work: mental health support for young people; long Covid support; and digital inclusion. It is delivered in partnership with nine grassroots organisa�ons. The project has exceeded targets for the first two of those themes: providing 444 young people with mental health support, and 366 people with long Covid support. It is on target with the delivery of digital inclusion sessions to 330 people.

Barnet, Enfield and Haringey Mental Health NHS Trust: Haringey Community Engagement The Bridge Renewal Trust and BEH Mental Health NHS Trust have formed this partnership to carry out research into how residents from different Haringey communi�es’ access and experience community mental health services. It will iden�fy any real and/or perceived access restric�ons due to ethnicity, age, gender, etc. It builds on community feedback sessions in 2021 to con�nue to support the ‘Transforma�on of Community Mental Health Services in Haringey’. This is a new project that started on 1 March 2023 and will run ini�ally for 9 months.

Safer Neighbourhood Board

Funded through the Mayor’s Office for Police and Crime (MOPAC), the Safer Neighbourhood Board meets every quarter. It includes representa�ves from the local Police, Councillors, local authority and VCS organisa�ons. It also distributes up to £19,000 each year to six grassroots organisa�ons through a grant programme.

Each year, the Safer Neighbourhood Board in Haringey sponsor their Annual Youth Summit . This year it was held in To�enham Hotspurs Stadium with over 350 young people a�ending.

NHS Inequali�es Fund

The North Central London Integrated Care Board (formerly CCG) funded projects to support grassroots community organisa�ons to deliver services to address health inequali�es in East Haringey. The following projects are part of that funding group:

ABC Parents: ABC Parents is a project run in partnership with the North Mid University Hospital. Through free parent educa�on ac�vi�es, it aims to educate and improve parents’ confidence to deal with childhood injuries and illnesses, reduce anxiety-related and avoidable A&E visits, and increase social support structures,

reduce isola�on and give resources that empower parents. Between July 21 and March 23, over 800

instances of training were provided to parents. Online peer support and workshops were facilitated by mul�disciplinary professionals. 11 Breas�eeding Helpers and 34 Community Champions, recruited from previous par�cipants, offer peer support in-person and through WhatsApp to address isola�on, language/cultural barriers and offer prac�cal help.

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THE BRIDGE RENEWAL TRUST TRUSTEES ANNUAL REPORT For the year ended 31 March 2023

Empowering Local People (Co-Produc�on) Theme: The Bridge is working in partnership with Public Voice and grassroots organisa�ons to develop, share and embed co-produc�on prac�ces and values into their services. It is a cross-cu�ng theme to support co-design and co-delivery of collabora�ve solu�ons in the other themes in the Healthy

Neighbourhoods programme. The project began in October 2022 and has worked with seven grassroots organisa�ons represen�ng a range of local communi�es. It has created a Co-Produc�on Toolkit based on the work of those organisa�ons. This is to be launched in July 2023. It has engaged over 150 people through workshops, events and one to one interview.

Wellbeing Theme: This programme provides community-based interven�ons and ini�a�ves to

improve the mental well-being of Haringey residents. It started in February 2022, and has secured funding for the next financial year un�l 31 March 2024.

Over the year, the project has worked with a total 534 people. This against a planned target of 400. There were 221 sessions run with a total of 2,362 a�endees. Ac�vi�es include sports and physical ac�vi�es; peer support groups; arts and cra�s.

Cancer Community Development: In partnership with the NHS, this project works closely with grassroots organisa�ons to increase awareness of the importance of early cancer screening. It targets ten communi�es in Haringey and Enfield with an historic poor take up of cancer screening. The project is working with eight grassroots organisa�ons and has recruited ten champions represen�ng the communi�es including eastern European residents, Spanish, Turkish, Black and Caribbean, and Italian communi�es.

The project has engaged and informed more than 2000 women of cervical and breast screening op�ons. All groups have reported an increase in screening awareness. A survey to be�er understand the barriers to taking up screening services has been completed by over 300 women. The data from the survey was used to design ongoing tailored interven�ons.

Childhood Obesity and the Henry Programme: This is a partnership between Haringey GP Federa�on and the Bridge. It iden�fies and offers brief interven�ons to overweight children and their families. It is aimed at parents of children aged 5 to 12. The team assesses the child with their parents and offers an appropriate referral to an interven�on service. The Bridge employs a social prescriber and two facilitators to deliver the Henry Programme, a course specifically aimed at suppor�ng parents to reduce obesity. In 2023-24, the Henry Programme aspect of the project will be discon�nued due to the low referral numbers from primary care.

25

THE BRIDGE RENEWAL TRUST TRUSTEES ANNUAL REPORT For the year ended 31 March 2023

Community Ac�on Research

Commissioned by North Central London Integrated Care Board, this project undertakes community ac�on research around priority areas to support open conversa�ons with local communi�es to iden�fy and explore key inequali�es around reach, access, outcomes and experiences. The Bridge Renewal Trust is working with a group of 6 grassroots organisa�ons to support the research ambi�on around the defined priority areas: older people; Long-term condi�ons; Young people; Complex needs: Employment in health & social care.

131 residents have taken part in focus groups and one-to-one interviews, exceeding the original target of 120. The final report was published in May 2023. The findings are being put into ac�on by Bridge and statutory partners including feeding into the emerging Haringey Health and Wellbeing Strategy.

North Central London Integrated Care Board partnership and Engagement Board

The ICB Engagement Board meets once a quarter. It is an opportunity for stakeholders from the local community, NHs and voluntary sector to share ideas, knowledge and good prac�ce. Bridge was commissioned by the ICB to host the mee�ngs for the year. This has now been taken in-house by the ICB in 2023-24.

Youth Voice

Bridge was successful in its bid to run a Youth Voice project in Haringey in partnership with NLPC Ltd and Godwin Lawson Founda�on. Funded by City Bridge Trust through Propel, the project aims to address the racial inequity faced by Haringey’s Black and Minority Ethnic young people by strengthening their voices, empowering system change and supporting sustainability within the youth sector. The project is due to start by the autumn of 2023. Over three years this £1.1 million project will engage 1800 young people, create 360 peer leaders in the community and support 135 grassroots organisations working with young people. It starts in July 2023.

Children with Special Education Needs and Disabilities (SEND) Parent Carers Forum

SEND Power is now firmly established as the recognised body for Local Authority engagement with parents and carers of children and young people with Special Educational Needs and Disabilities (SEND) in Haringey. We have three key purposes:

  1. Provide the parents’ and carers’ voice at Local Authority meetings to help shape local services for children and young people with SEND.

  2. Run regular meetings and information sharing and engagement events on topics relevant to our members.

  3. Provide opportunities for parent - to - parent support.

26

THE BRIDGE RENEWAL TRUST TRUSTEES ANNUAL REPORT For the year ended 31 March 2023

Representation: SEND Power’s Steering Group of 10 local Haringey parents provides regular representation at over 20 regular meetings with the Local Authority and Health teams. This includes strategic planning meetings as well as task and finish groups.

Events

Monthly Walk and Talk - We have continued with our popular Walk and Talks, which take place on the first Monday of every month – rain, sleet, snow or heatwave. In order to reach different Haringey communities, we move around the borough, visiting different Haringey Parks.

Voices Day - We have run numerous events throughout the year, on wide ranging topics including Sleep, Speech and Language Therapy, SEND Funding and the Safety Valve, and ADHD. The highlight of all these was undoubtedly the Voices Day, which we co-produced with Haringey Council, and which was held in March 2023.

Parents, young people and professionals came together to focus on co-production, and how we can develop our work together as equal partners. Most importantly, we had lots of fun!

SEND First Annual General Meeting, November 2022 - Our first AGM was held in November 2022. The Chair, Vice Chair and Steering Group members were elected, and our constitution was amended and ratified. We also used the meeting to reflect on how far we had come since we started up in November 2021.

Communications: We now produce a monthly newsletter, which contains a wealth of useful information for families. We have also set up our social media, with a SEND Power Twitter account https://twitter.com/SEND_Power (Twitter handle: @SEND_Power) and a Facebook page https://www.facebook.com/sendpowerinharingey/

We have also just launched our new website Home - SEND Power in Haringey | Haringey’s Parent Carer Forum

Membership: In June 2022, we had 86 members and 4 associate members. A year on, we have more than doubled our membership, with 206 full members and 18 associate members. We have members from all parts of Haringey, and our membership is diverse, with members from a number of different communities, and with different disabilities represented. We continue to work hard on increasing the membership with visits to schools, settings, and community groups, as well as through our events, leafleting, social media and publicity.

27

THE BRIDGE RENEWAL TRUST TRUSTEES ANNUAL REPORT For the year ended 31 March 2023

Partnerships and Friends of the Bridge

Partnership is central to our work and key partners during 2022-23 included: London Borough of Haringey, North Central London Integrated Care Board, Barnet, Enfield and Haringey Mental Health NHS Trust, GPs at the Laurels, Whittington Health, North Middlesex Hospital University NHS Trust, Haringey GP Federation, Primary Care Networks, Homes for Haringey, Mind in Haringey, Public Voice/Healthwatch Haringey, Jacksons Lane, Hope in Haringey, Citizen Advice Haringey, North London Partnership Consortium, Godwin Lawson Foundation, Father2Father, You Vs You, Every Parent and Child, Selby Trust, Sewn Together/Gold & Silver Enterprises, Turkish Cypriot Community Association (TCCA), RISE Projects, HOPEC, ARK Resettlement Services, Dalmar Heritage and Family Development, Home-Start Haringey, Hackney and Waltham Forest, Local Resident Associations and Local Primary and Secondary Schools.

The charity also continued to support New Deal for Communities legacy groups - such as Triangle Family Hub Management Advisory Board - with the aim of ensuring that local people can actively participate in local service development and delivery.

Financial review

Principal Funding Sources: The main income sources during the year included:

Turnover for the year was £2,899,904 (2022: (£2,788,711 as restated) and expenditure of £2,732,094 (2022 £2,413,275 as restated) resulting into a trading surplus of £167,810 (2022: £375,436 including realised capital investment loss of (£7,357) (2022 : (£3,284) loss).

The Statement of Financial Activities (SOFA) on page 38 of this report detailed the trading results for the financial year.

28

THE BRIDGE RENEWAL TRUST TRUSTEES ANNUAL REPORT For the year ended 31 March 2023

Investment Policy: Trustees have agreed an updated investment policy with the following main objectives:

d) To ensure the financial investments take into account the charity’s values and ethos. There is proven link between health inequalities and the consumption of alcohol, tobacco and poor diet.

The Finance and Investment Committee, chaired by the Treasurer, which meets as required, is tasked with meeting one of the Trust’s investment objectives for investing an appropriate amount of the reserves to generate an income to support the on-going activities of the charity. In September 2014, Trustees agreed an investment of £50,000 of the Bridge Renewal Trust Deposit funds into an Investment Funds. The value of the fund stood at £62,565 at 31/03/2022. The Finance and Investment Committee reviewed the performance of Aegon Ethical Cautious Managed Fund and concluded it was unsatisfactory and recommended to the Trustee Board that the agreement be terminated and to move the funds to COIF CCLA Investment Account. The Trustees decided in their meeting of 19/07/2022 to terminate Aegon’s agreement and realise the investment. The market value on the disposal was £55,208 received 24/03/2023 resulting to realised capital loss of (£7,357) as reported in the (Sofa) Statement of Financial Activities. The Trustee Board’s approved CCLA Investment Deposit Account amount of £85,000 was made on 06/07/2023 . There were no Investments held as at 31/03/2023.

The long lease value of £2,965,600 on the balance sheet which includes the programme related investments of £2,340,000 form part of the total funds balance of £4,028,593 and represents property which cannot be readily realised.

Reserves policy and going concern: The Board of Trustees agreed in principle to set annual budgets in line with the projected annual income from grants, service contracts and earned income.

Reserves are needed to bridge the gap between spending and receiving of income and to cover unplanned emergency expenditure and to build resources for future investments.

This year, the charity’s funds have increased from £3,868,140 in 2022 to £4,028,593 of which £898,010 was unrestricted and £103,570 restricted, an increase of £160,453 the details of which are given in note 18 to the accounts.

29

THE BRIDGE RENEWAL TRUST TRUSTEES ANNUAL REPORT For the year ended 31 March 2023

Purpose of reserve Target £1,350m

Risk Management

A risk management strategy is in place comprising:

The following matters have been considered as part of the risk review by Trustees during the year:

Trustees receive quarterly strategic risk reports that provide assurances that the risk management strategy is being effectively implemented.

Trustees have also identified key risks and threats to the charity which include the need to diversify income sources to avoid overdependence on a few main sources of income. We are managing these through regular risk assessment and post-pandemic community centre sustainability review. The viability of the Chestnuts Community Centre remains a concern in the short to medium term. As we move out of the pandemic, there are indications that activities and rental income are rising again. In 2023-24, we will commence work to co-produce a vision and long-term plan to deliver a modern

30

THE BRIDGE RENEWAL TRUST TRUSTEES ANNUAL REPORT For the year ended 31 March 2023

and environmentally friendly community facility. This will include community engagement and development of a funding package to deliver the vision.

Through our Financial Procedures, we are ensuring that internal financial and operational controls are monitored and improved. The Board of Trustees have previously reviewed and clarified the role of the Finance and Investment Committee. The Finance and Investment Committee has been focusing on reviewing financial policies and improving procedures to improve financial and operational processes.

PLANS FOR THE FUTURE

Our fourth Business Plan (2023-28) will steer our strategic, financial, and operational planning activities over the next year and beyond. We will take learning from the pandemic and cost of living crisis and continue to work collaboratively to support communities to continue to recover and thrive during the next difficult years. Key future plans include:

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing Document

The Bridge Renewal Trust is constituted as a limited company (No. 06949568) and registered charity (No. 1131941). It is governed by a memorandum and articles of association and stated charitable objects.

Directors and Trustees

The Bridge Renewal Trust is led by a Board of Directors who are also its Trustees for the purpose of charity law. Trustees bring together a diverse set of skills and experience to set the strategic direction for the organisation.

Appointment of Trustees

As set out in the Articles of Association, officers of the Board (Chair, Vice Chair and Treasurer) are nominated and appointed by Trustees at the Annual General Meeting.

We currently have 9 Board members. Each year we carry out skills audit to identify training and development needs. Currently we are running an open recruitment process to fill some skills gap

31

THE BRIDGE RENEWAL TRUST TRUSTEES ANNUAL REPORT For the year ended 31 March 2023

that were identified during this process. This involves advertisement, shortlisting and interviewing by a designated small team of Trustees. The final decision to appoint a new Trustee is made by the Board of Trustees. The Board can consider and co-opt a Trustee based on specialist skills needed.

Trustee induction and training

New Trustees undergo induction covering areas such as legal obligations under charity and company law, the Charity Commission guidance on public benefit, the Bridge Renewal Trust Memorandum and Articles of Association and the decision - making process by the Board. New Trustees also get to meet other Trustees and key employees. There is also peer support from fellow Trustees and opportunities to attend external training.

Organisation

The Board of Trustees meets quarterly, and the Finance and Investment Sub-Committee also meets as required. The Chief Executive is appointed by the Trustees to serve as the Company Secretary and to manage the day-to-day activities of the Charity.

Related party and co-operation with other organisations

None of our Trustees receive remuneration or other benefit from their work with the charity. Any connection between a Trustee or a senior manager of the charity must be disclosed to the full Board of Trustees. In 2022-23, no such related party transactions were reported.

The Trading Company-Bridge Renewal Services Ltd

The Bridge Renewal Services is a trading arm of the Bridge Renewal Trust. It was set up to facilitate the development of a healthy living pharmacy as well as to allow for the easy development of other social businesses. The company directors include the founding Trustees. In 2022-23 the company did not trade (dormant) following a decision in 2012-13 to suspend the plans to open a pharmacy. The future of the company will be reviewed in 2023-24 alongside the proposed development of a Healthy Living Pharmacy at the Laurels.

Staffing

The Chief Executive who is accountable to the Board of Trustees is responsible for the day-to-day operation of the charity. He is supported by a senior management team comprised of Head of Partnership, Head of Programme Delivery, Director of Haringey Giving, Community Services & Facilities Manager, Community Empowerment Manager, and Finance and Monitoring Manager who are responsible for co-ordinating the delivery of services and facilities management. In 2022-23, the workforce was comprised of 55 members of staff. A framework is in place to allow essential support service contracts such HR and Employment Law, Health and Safety advice, Payroll and IT. In 2023-24, we will continue to review our leadership and operational capacities and take appropriate actions as necessary.

32

THE BRIDGE RENEWAL TRUST TRUSTEES ANNUAL REPORT For the year ended 31 March 2023

Pay policy for Senior Staff

The pay of senior staff is reviewed annually and normally increased in accordance with satisfactory employee performance appraisal and organisational financial health. In February 2023, Trustees approved a 2.25% cost of living pay rise for the entire work force with effect from 1 April 2023 to help mitigate the rising costs of living. This increase was informed by best practices within the sector – both locally and nationally. Overall remuneration is benchmarked against pay levels in similar sized organisations and adjusted for any additional responsibilities.

Fundraising Policy

The charity understands its duty to protect the public, including vulnerable people from unreasonably intrusive or persistent fundraising approaches and undue pressure to donate. The charity employs a Director of Haringey Giving who leads on all fundraising matters including dealings with external online fundraising platforms. The charity does not currently use external fundraising agencies for either telephone or face-to-face campaigns. We raise funds in compliance with the Code of Fundraising Practice of the Fundraising Regulator in England, Wales and Northern Ireland.

We received no fundraising complaints during the year (2022-23: Nil).

STATEMENT OF TRUSTEES’ RESPONSIBILITIES

The charity trustees (who are also Directors of the Bridge Renewal Trust for the purposes of company law) are responsible for preparing the Trustees’ Report and the accounts in accordance. with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Trustees to prepare financial statements for each financial year and not approve the financial statements unless they are satisfied that the financial statements give a true and fair view of the state of the affairs of the charity as at the balance sheet date and of its incoming resources and application of resources, including income and expenditures, for the year then ended.

In preparing those financial statements which give a true and fair view, the Trustees should follow best practice and:

The Trustees are responsible for keeping accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and which enable them to

33

THE BRIDGE RENEWAL TRUST TRUSTEES ANNUAL REPORT For the year ended 31 March 2023

ensure that the financial statements comply with the Companies Act 2006. The Trustees 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 in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Statement as to disclosure to our auditors

In so far as the Trustees are aware at the time of approving our Trustees’ annual report:

AUDITORS

The auditors, Price Bailey LLP, are deemed to be reappointed under section 487(2) of the Companies Act 2006.

Small Companies Exemption

This report has been prepared taking advantage of the small companies’ exemption of section 415A of the Companies Act 2006.

APPROVAL

The Trustees for the purposes of charity law who served during the year and up to the date of this report are set out on page 1.

Approved by the Trustees and signed on its behalf by:

Rachel Hughes (Chair)

Rachel Hughes (Oct 18, 2023, 7:45am)

Date: 21 September 2023

34

Independent Auditor’s Report to the Members of The Bridge Renewal Trust

Opinion

We have audited the financial statements of The Bridge Renewal Trust (the ‘charitable company’) for the year ended 31 March 2023 which comprise of the Statement of Financial Activities, the Charitable Company Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern.

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the trustees’ annual report, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

35

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception.

In the light of our knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the trustees’ report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the trustees’ responsibilities statement, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

We have been appointed as auditor under the Companies Act 2006 and report in accordance with regulations made under those Acts. Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

36

We gained an understanding of the legal and regulatory framework applicable to the Charitable Company and the sector in which it operates and considered the risk of the Charitable Company not complying with the applicable laws and regulations including fraud in particular those that could have a material impact on the financial statements. This included those regulations directly related to the financial statements, including financial reporting, and tax legislation. In relation to the operations of the Charitable Company this included compliance with the Charities Act 2011 and Companies Act 2006.

The risks were discussed with the audit team and we remained alert to any indications of non-compliance throughout the audit. We carried out specific procedures to address the risks identified. These included the following:

Reviewing minutes of Board meetings, reviewing any correspondence with the Charity Commission, agreeing the financial statement disclosures to underlying supporting documentation, and made enquiries of management and officers of the Charitable Company. We have also reviewed the procedures in place for the reporting of any incidents to the Trustee Board including serious incident reporting of these matters as necessary with the Charity Commission. We also reviewed the latest risk register and legal fees in the period.

Management override: To address the risk of management override of controls, we carried out testing of journal entries and other adjustments for appropriateness. We also assessed management bias in relation to the accounting policies adopted and in determining significant accounting estimates.

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

Use of our report

This report is made solely to the charitable company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company’s members and its trustees those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s members as a body and the charitable company’s trustees as a body, for our audit work, for this report, or for the opinions we have formed.

Michael Cooper-Davis FCCA ACA (Senior Statutory Auditor)

For and on behalf of

Price Bailey LLP

Chartered Accountants and Statutory Auditors

3rd Floor

24 Old Bond Street, Mayfair,

London WS1 4AP

18 October 2023

37

The Bridge Renewal Trust

Statement of Financial Activities

(Incorporating the Income and Expenditure Account)

for year ended 31 March 2023

Notes
Income
2
3
Expenditure
Fundraising
4,16
Total expenditure
Before gains/(losses) on investments
Net gains / ( losses) on investments
11
Total
RECONCILIATION OF FUNDS
Prior year adjustment
22
Adjusted opening balance
16,18,
20
Total funds brought forward as previously stated
Total funds carried forward 31st March 2023
NET MOVEMENT IN FUNDS
Income from investments
Other trading income
Promote and protect mental and physical health
NET INCOME
Promote and protect mental and physical health
Laurels rent
Income from charitable activities:		 2023
Restricted
Fund
£
-
746,851
-
-
746,851
-
808,171
808,171
(61,320)
(61,320)
-
(61,320)		 2023
Unrestricted
Fund
£
291,447
1,828,755
1,775
31,076
2,153,053
106,900
1,817,028
1,923,929
229,124
229,124
(7,357)
221,768		 2023
Total
Funds
£
291,447
2,575,606
1,775
31,076
2,899,904
106,900
2,625,199
2,732,100
167,804
167,804
(7,357)
160,448
160,448
3,868,140
-
3,868,140
4,028,593		 2022
Restricted
Fund
£
-
762,647
-
-
762,647
-
718,438
718,438
44,209
44,209
-
44,209
44,209
120,681
-
120,681
164,890		 2022
Unrestricted
Fund
as restated
£
314,247
1,689,654
1,044
21,120
2,026,065
105,230
1,589,607
1,694,837
331,228
331,228
(3,284)
327,944
327,944
3,375,306
-
3,375,306
3,703,250		 2022
Total
Funds
as restated
£
314,247
2,452,301
1,044
21,120
2,788,712
105,230
2,308,045
2,413,275
375,437
375,437
(3,284)
372,153
(61,320)
164,890
-
164,890
103,570		 221,773
3,703,250
-
3,703,250
3,925,023		 372,153
3,495,987
-
3,495,987
3,868,140

All activities of the charitable company are continuing.

The Statement of Financial Activities includes all gains and losses recognised in the year.

The notes on pages 41 to 52 form an integral part of these financial statements.

38

The Bridge Renewal Trust (limited by guarantee) Number: 06949568

Balance sheet

as at 31 March 2023

Fixed assets:
Notes
Tangible fixed assets
10
Investments
11
Programme related investments
12
Current assets
Debtors
14
Cash at bank and in hand
Creditors
Amounts falling due within one year
15
NET CURRENT ASSETS
TOTAL NET ASSETS
FUNDS:
Restricted
16,20
Designated
18,20
Unrestricted
18,20
TOTAL FUNDS
20		 £
217,634
1,165,289
1,382,923
(381,343)		 2023
2022
£
£
687,013
699,748
-
62,565
2,340,000
2,340,000
3,027,013
3,102,313
147,405
1,055,757
1,203,162
(437,335)
1,001,580
765,827
4,028,593
3,868,140
103,570
164,890
3,027,013
3,039,748
898,010
663,502
4,028,593
3,868,140

These financial statements have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime.

The financial statements were approved and authorised for issue by the trustees on 21 September 2023 and signed on their behalf by:

~~-----------------------------------------------~~ Rachel Hughes (Oct 18, 2023, 7:45am) --Rachel Hughes Chair

39

The Bridge Renewal Trust

Statement of Cash Flows

year ended 31 March 2023

Notes
Cash flows from operating activities
Cash generated from operations
1
Net Cash provided by (used in) operating activities
Cash flows from investing activities:
Programme related investments
Investment income
Purchase of tangible fixed assets
Net cash provided by (used in) investing activities
Change in cash and cash equivalents in the reporting
period
Cash and cash equivalents at the beginning of the
reporting period
2
Cash and cash equivalents at the end of the reporting
period
2
1 RECONCILIATION OF NET MOVEMENT FUNDS
TO NETCASH FLOW FROM OPERATING ACTIVITIES
Net income from operating activitities (as per the statement
of financial activities)
Adjustments for:
Add back: Investment losses/deduct investment gains
Deduct: Investment income shown in investing activities
Depreciation charge
(Increase) / Decrease in debtors
Increase / (Decrease) in creditors
Net cash provided by (used in) operating activities
2 ANALYSIS OF CASH AND CASH EQUIVALENTS
Cash at bank and in hand and short term deposits
Analysis of changes in net debt
Cash and Cash equivalents 01 04 2022
Cash flows
Other non cash changes
Cash and Cash equivalents 31 03 2023		 2023
Total Funds
£
79,366
79,366
-
1,775
(26,818)
(25,043)
109,532
1,055,757
1,165,289
2023
Total Funds
£
160,453
7,357
(1,775)
39,552
(70,229)
(55,992)
79,366
2023
£
1,165,289
1,165,289
1,055,757
109,532
-
1,165,289		 2022
Total Funds
564,874
£
564,874
(974)
1,044
(27,967)
(27,898)
536,977
518,780
1,055,757
2022
Total Funds
372,153
3,284
(1,044)
43,177
128,732
18,572
£
564,874
2022
£
1,055,757
1,055,757
518,780
536,977
-
1,055,757

40

The Bridge RenewalTrust Notes to the Financial Statements year ended 31 March 2023

1. Accounting policies

The charity is a company limited by guarantee and has no share capital.

Each member is liable to contribute a sum not exceeding £1 in the event of the charity being wound up.

The company is incorporated in England and Wales with registered office at 256 St Ann's Road, London N15 5AZ.

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

a) Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1st October Reporting 2019 - Charities SORP (FRS102)), the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS102), the Charities Act 2011 and Companies Act 2006.The financial statements have been prepared under the historic cost convention. The functional currency is £ sterling.

The financial statements comply with the requirements of FRS102.

The Bridge Renewal Trust meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historic cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

b) Preparation of accounts on a going concern basis

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

c) Income

Income is recognised when the charity has entitlement to the funds, and any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.

Income from government and other grants, whether 'capital' or 'revenue' grants is recognised when the charity has entitlement to the funds, any performance conditions attached to the grant have been met, it is probable the income will be received and the amount can be measured reliably and is not deferred.

For legacies, entitlement is taken as the earlier of the date on which either: the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the charity that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered when the amount can be measured reliably and the charity has been notified of the executor's intention to make a distribution. Where legacies been notified to the charity or the charity is aware of the granting of probate, and the criteria for income recognition are have not been met, then the legacy is treated as a contingent asset and disclosed if material.

Income received in advance of service is deferred until the criterial for income recognition are met.

d) Critical accounting judgements and estimates

In preparing these financial statements, management has made judgements, estimates and assumptions that affect the application of the charity's accounting policies and reported assets, liabilities, income and expenditure and the disclosures made in the financial statements. Estimates and judgements are continually evaluated are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

e) Donated services and facilities

Donated professional services and facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with Charities (SORP 102) the general volunteer time is not recognised and to refer to the trustees' annual report for more information about their contribution.

On receipt, donated professional services and facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

41

The Bridge Renewal Trust Notes to the Financial Statements year ended 31 March 2023 (continued)

f) Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.

g) Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Designated funds are unrestricted funds of the charitywhich the trustees have decided at their discretion to set aside for specific purpose. Restricted funds are donations which the donor has specified are be solely used for particular areas of charity's work or for specific purpose. Funds are also raised for specific restricted purposes.

h) Expenditure

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

i) Allocation of support costs

Support costs have been allocated between expenditure categories of the SOFA on a basis designed to reflect the use of the resource. Costs relating to particular activity are allocated directly; others are apportioned on an appropriate basis.The basis on which support costs are allocated are set out in note 4.

j) Operating leases

The charity classifies the lease of printing (photocopiers) IT servers, telephone handsets, etc equipment as operating leases; the title to the equipment remains with the lessor and the equipment should be replaced every 5 years or, remain on a rolling basis. Rental charges are charged on a straightline basis over the term of the lease.

k) Tangible fixed assets

Individual fixed assets or bulk purchase of the same class of assets costing£1,000 or more are capitalised at cost and depreciated over their estimated useful economic lives as follows:

Fixtures and fittings 25% straightline Computer equipment 25% straightline Laurels long leasehold 2% straightline Improvement to building On the remaining leasehold duration

l) Investments

Investments are held at market value as at the Balance Sheet date

The Charity holds 100% of the share capital in the presently dormant subsidiary company The Bridge Renewal Services Limited at cost.

m) Debtors

Trade and other debtors are recognised at the settlement amount due. Prepayments are valued at the amount prepaid net of any discounts due.

n) Cash at bank and in hand

Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of the acquisition or opening the deposit or similar account.

o) Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any discounts due.

42

The Bridge Renewal Trust Notes to the Financial Statements year ended 31 March 2023 (continued)

p) Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value, which is at cost, with the exception of:

The Invesments note11 details the historic cost of investments and the unrealised gains/(losses) to arrive at their fair value.The note also detailed the disposal of the investment during the year.

q) Pensions

The charity operates a defined contribution pension scheme.The assets of the scheme are held separately from those of the charity in an independently administered fund.The pension cost charge represents contributions payable under the scheme by the charity to the fund.

43

The Bridge Renewal Trust year ended 31 March 2023 Notes to the financial statements (continued)

Total Total
Restricted Unrestricted 2023 Restricted Unrestricted 2022
as restated as restated
£ £ £ £ £ £
**2 ** RENTAL INCOME
Laurels Healthy Living Centre Lease Rental - 291,447 291,447 - 314,247 314,247
**3 ** INCOME FROM CHARITABLE ACTIVITIES
Restricted Unrestricted Total Restricted Unrestricted Total
£ £ £ £ £ £
Community Hut - 14,221 14,221 - 4,393 4,393
Whole Health Therapies - 70,476 70,476 - 64,634 64,634
North London Partnership Consortium - 6,250 6,250 - 8,100 8,100
The City Bridge Trust - Haringey Giving 101,600 4,878 106,478 70,000 10,000 80,000
The City Bridge Trust - Cornerstone Project 40,446 9,554 50,000 25,000 - 25,000
LOCALITY - Haringey Giving 10,000 - 10,000 10,000 - 10,000
Mayor's Office for Policing and Crime 19,055 5,600 24,655 19,055 5,850 24,905
GLA - Food Roots Incubator Grant 13,200 13,200 - 22,963 22,963
- MYENDS Project/Home Cooked Food 372,559 372,559 - 377,441 377,441
North Central London Cancer Alliance 102,769 102,769 - 36,384 36,384
ABC Parent Craft Project 163,667 - 163,667 56,569 - 56,569
Linklaters - Haringey Giving 20,000 10,000 30,000 1,000 - 1,000
TH DM NORTH ISLAND LTD - Haringey Giving 1,303 - 1,303 - - -
Charity Aid Foundation - Haringey Giving 600 - 600 - -
Hollis Global Ltd - Haringey Giving 500 - 500 - -
Robert & Evelyn Lyons Char Trust 1,000 - 1,000 - -
General Donations- Haringey Giving 31,603 - 31,603 46,482 - 46,482
The Childhood Trust - - - 5,000 - 5,000
THE ORP FOUNDATION - - - 10,000 - 10,000
Muswell Hill Methodist Church Society - - - 450 - 450
Charitable Giving 905 - 905 1,176 - 1,176
The Social Bite Fund - - - 2,764 - 2,764
Aldeburgh Contemporary Arts - - - 1,260 - 1,260
Volunteer Centre Camden PLUS - 2,212 2,212
LondonPlus VCS Emergency Planning Grant - 4,253 4,253
Inclusion Barnet-VCS borough representation lead - 8,150 8,150
Royal Free Charity 34,788 - 34,788 - 17,394 17,394
The Whittington Health Hospital Carer Service - - - - 6,360 6,360
LB Haringey-Safer Neighbourhood Board - 17,000 17,000 - 17,000 17,000
LB Haringey-Home From Hospital - 150,000 150,000 - 150,000 150,000
LB Haringey-Community Impact Haringey - 117,000 117,000 - 117,000 117,000
LB Haringey - Volunteer Centre Haringey - 49,800 49,800 - 49,800 49,800
LB Haringey - NAVNET Project - 40,000 40,000 - - -
LB Haringey - Familly Hubs & Start For Life Project - 27,000 27,000 - - -
LB Haringey - Inspire Project 2022 - 28,800 28,800 - - -
LB Haringey - DIGITAL INTERNSHIP GRANT - - - 67,950 - 67,950
LB Haringey - FACTS Link Worker Grant - - - 61,206 - 61,206
LB Haringey - Safeguarding Training Grant - - - 7,500 7,500
LB Haringey- Communities and Link Worker - 27,943 27,943 110,611 - 110,611
LB Haringey - Waste Engagement Project - 24,028 24,028 - - -
LB Haringey - EUSS - - - - 6,975 6,975
LB Haringey - Haringey Giving - 10,000 10,000 - 10,000 10,000
LB Haringey - COVID Marshals Support - - - - 30,162 30,162
LB Haringey - Food Network Co-ordinator 50,747 - 50,747 100,670 - 100,670
LB Haringey - Parent/Carer Champion Network - 31,250 31,250 - - -
LB Haringey - Head of Partnership Grant - - - - 8,000 8,000
LB Haringey - Community Protect 30,000 - 30,000 - 75,000 75,000
LB Haringey - Vaccination Uptake Campaign - - - - 2,500 2,500
LB Haringey- Somali Outreach Worker - 20,000 20,000 - 17,065 17,065
LB Haringey - Great Mental Health Project - - - - 90,000 90,000
LB Haringey - Special Educational Needs & Disabilities 77,379 - 77,379 - 62,803 62,803
Public Health - Cervical Screening Project - - - - 7,500 7,500
Thrive Haringey - Arts Council 5,000 - 5,000 55,000 - 55,000
Claremont - NCL Cancer Awareness Campaign - - - - 2,500 2,500
West Central Primary Care Network - - - - 31,167 31,167
North Central Primary Care Network - 30,797 30,797 - - -
MIND IN HARINGEY - Mental Wellbeing 58,650 - 58,650 58,650 - 58,650
North Central London ICB - 42,000 42,000 - 55,000 55,000
BEH Haringey Community Engagement Project - 4,152 4,152 - - -
THE BIG LOTTERY COMMUNITY FUND 99,608 - 99,608 49,804 - 49,804
FEDERATED4HEALTH-Care Navigation - 327,307 327,307 - 197,192 197,192
BEH NHS Trust - Winter Pressures - 173,087 173,087 - 139,745 139,745
BEH NHS Trust - Mental Health Co-ordinator - - - - 5,333 5,333
Public Voice- Haringey Partnership Approach 19,025 19,025 - - -
Equal Start Project - - - 10,000 - 10,000
Bridge To Work - Haringey Council - 17,053 17,053 - - -
DW&P - Kickstart Grant - 7,937 7,937 - 3,522 3,522
Community Hub - Hotdesking - 1,560 1,560 - 520 520
Bridge Therapy Suite - First Floor - 1,800 1,800 - 885 885
MIND IN HARINGEY - Wellbeing Theme Project - - - - 1,960 1,960
Haringey Council - Wellbeing Theme Project - - - - 4,839 4,839
Chestnuts Community Centre - 37,093 37,093 - 45,533 45,533
Total 746,851 1,828,755 2,575,606 762,647 1,689,654 2,452,301

The Department for Work and Pensions grant was in respect of Kickstart worker programme

44

4 Total expenditure Fundraising
Care
Whole
Comm
Home
Health@
Chestnuts
MYENDS
Cancer
Comm
ABC
Support
Volunteer
Winter
Comm
Govern
Food Co-
Haringey
2023
2022		 navigator
health
Empowerment
From
The HUT
centre
Alliance
Impact
Parent
costs
Centre
Pressure
Protect
costs
ordinato
Giving
Total
Total as restated		 s
services
Hospital
Haringey
Haringey
s
2
r		 Network £
£
£
£
£
£
£
£
£
£
£
£
£
£
£
£
£
£
£
£		 Staff costs - (see note 8)
105,075
285,748
25,955
163,333
125,297
38,589
35,039
58,342
45,349
72,203
55,097
236,548
-
109,741
-
36,474
39,936
103,251
1,430,900
1,020,089		 Other staff costs
-
4,165
-
1,787
5,978
-
130
758
77
530
2,827
2,612
-
2,226
-
-
-
418
21,508
19,957		 Premises costs
-
1,688
6,752
11,143
5,064
1,688
-
-
3,376
-
-
8,440
-
5,064
1,688
1,013
-
6,752
52,668
141,877		 `
Direct costs
-
9,532
58,980
232,865
5,370
59,829
88,488
254,593
48,588
11,992
50,417
-
53,396
10,704
30,000
-
127
68,821
983,702
1,009,412		 Supplies and services
1,825
16,426
10,951
29,615
14,601
5,475
7,300
10,951
3,650
7,300
7,300
12,776
9,126
14,601
3,650
12,776
7,300
14,601
190,224
160,133		 Depreciation
-
-
-
-
-
-
-
-
-
-
-
39,552
-
-
-
-
-
-
39,552
43,177		 Other costs - governance-audit
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
13,540
-
-
13,540
12,000		 Grants & distributions payable
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
81,323		 106,900
317,559
102,638
438,743
156,310
105,581
130,957
324,644
101,040
92,025
115,641
299,928
62,522
142,336
35,338
63,803
47,363
193,843
2,732,094
2,413,275		 Support costs
-
39,980
14,022
61,165
20,429
13,492
16,364
40,567
13,223
11,499
14,450
(299,928)
-
18,683
4,715
-
5,918
25,419
-
-		 106,900
357,539
116,660
499,908
176,739
119,073
147,321
365,211
114,263
103,524
130,091
-
62,522
161,019
40,053
63,803
53,281
219,262
2,732,094
2,413,275		 The charity initially identifies the costs of its support function. It then identifies those costs which relate to the governance function. Having identified its governance costs, the remaining support costs together with the governance costs are apportioned between the key charitable activities undertaken by the charity in the year. Support costs are allocated based on FTE (Full-time equivalent) of staff numbers for each charitable activity. Refer to the table above for the analysis of iessupport and governance costs. Support costs are central overheads (e g corporate/finance, audit, insurance but also
2021 Total £ 765,799 17,382 119,829 392,755 131,468 33,581 8,496 40,715 1,510,025 - 1,510,025
2022 Total as restated £ 1,020,089 19,957 141,877 1,009,412 160,133 43,177 12,000 81,323 2,413,275 - 2,413,275
Haringey Giving £ 69,592 492 9,586 86,051 7,570 - - 77,497 250,788 24,082 274,870
Food Co- ordinator Network £ 37,882 807 - 51,039 3,785 - - - 93,513 8,980 102,493
Govern costs £ 33,147 - 4,793 2,283 1,892 - 12,000 - 54,115 - 54,115
Comm Protect £ 34,306 861 4,793 147,631 7,570 - - - 195,161 18,740 213,901
` Winter Pressure s £ 70,098 704 14,379 9,523 15,140 - - - 109,844 10,548 120,392
Volunteer Centre Haringey £ - - 2,397 50,336 3,785 - - - 56,518 - 56,518
Support costs £ 129,422 5,486 16,776 53 10,247 43,177 - - 205,161 (205,161) -
ABC Parent £
Comm Impact Haringey £ 72,829 80 - 6,233 7,570 - - - 86,712 8,327 95,039
Cancer Alliance £ - - - - - - - - - - -
MYENDS £ 53,869 - 228,673 282,542 27,131 309,673
Chestnuts centre £ 12,839 - - 81,621 7,570 - - - 102,030 9,798 111,828
Health@ The HUT £ 20,490 - - 22,858 5,677 - - - 49,025 4,708 53,733 2022 £ 33,147 3,372 12,000 4,540 1,057 54,116
Home From Hospital £ 121,321 5,964 19,173 987 15,140 - - - 162,585 15,612 178,197
Comm Empowerment £ 138,683 2,003 46,014 243,149 47,693 - - 3,826 481,368 46,223 527,591
Whole health services £ 26,192 - 19,173 54,134 3,785 - - - 103,284 9,918 113,202 2023 £ 36,474 12,776 13,540 - 1,013 63,803
Care navigators £ 165,671 3,560 4,793 24,841 20,817 - - - 219,682 21,095 240,777
Cost of raising funds £ 103,338 - - - 1,892 - - - 105,230 - 105,230
5 Total expenditure Staff costs - (see note 8) Other staff costs Premises costs Direct costs Supplies and services Depreciation Other costs Grants payable Allocation of support costs 6 Staff costs Services Audit Trustees' expenses Other Total

The Bridge Renewal Trust year ended 31 March 2023 Notes to the financial statements (continued)

7.
Net income/expenditure
This is stated after charging:
Depreciation of tangible fixed assets
Auditors' remuneration:
-
- overprovision in previous year
- underprovision in previous year
- other services
Operating leases:
- Photocopiers
- Telephone Systems
8.
Staff costs and numbers
Staff costs were as follows:
Salaries and wages
Social security costs
Pension costs
Sub-total
Other staff costs
Total staffing costs
Redundancies
Employees who received emoluments - between £60,000 and £70,000
Employees who received emoluments - between £80,000 and £90,000
The average weekly number of employees (full-time equivalent) during the year was as follows:
Charitable activities
Support activities
The average monthly headcount of full and part time employees during the year was as follows:
audit current year		 2023
2022
£
£
39,552
43,177
13,540
12,000
1,105
2,770
-
-
1,184
768
45,268
45,268
36,799
32,795
2023
2022
£
£
249,840
899,674
115,194
74,118
65,866
46,296
430,900
1,020,088
21,508
19,957
52,408
1,040,045
£
£
-
-
NIL
Nil
1
1
2023
2022
No.
No.
44.5
33.5
7.5
4.5
52.0
38.0
2023
2022
No.
No.
51.8
39.2
1,

1,
1,4

KEY MANAGEMENT PERSONNEL

The key management personnel of the charity comprise the Trustees, the Chief Executive Officer, the Community Services and Facilities Manager, the Community Empowerment Manager, the Finance and Monitoring Manager, the Head of Partnership, the Diretor of Haringey Giving and the Head of Programme Delivery.

The charity trustees were not paid or received any benefits from employment with the charity in the year (2022:Nil). During the year, 3 trustees received benefits in kind relating to mobile phones (2022: 3).

No trustee received any reimbursement for expenses (2022:none).

The total remuneration, benefits and pensions paid to key management personnel in the year was:


Salaries
Benefits
Employer NIC
Employer Pensions
Total		 2023
2022
£
£
295,917
271,220
-
-
34,372
30,106
17,755
16,273
348,044
317,599

47

The Bridge Renewal Trust year ended 31 March 2023 Notes to the financial statements (continued)

9. Taxation

The charitable company is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.

10. Tangible fixed assets

Disposal
As at 1st April 2022
As at 31 March 2023
As at 31 March 2023
Net book value
Depreciation
Cost/valuation
As at 1 April 2022
As at 1 April 2022
Charge for year
As at 31 March 2022
Additions during year
Disposal		 Computers &
equipment
£
67,603
(27,416)
26,818
67,005
36,169
(27,416)
21,100
29,853
37,152
31,434		 Laurels
improvement
£
125,858
(125,858)
-
-
125,858
(125,858)
-		 Laurels
long lease
£
680,000
-
-
680,000
40,800
-
13,600		 Community Hut
improvement
£
48,522
-
-
48,522
19,409
-
4,852		 Total
£
921,983
(153,274)
26,818
795,527
222,236
`
(153,274)
39,552
-
108,514
687,013
699,748
- 54,400 24,261
-
625,600 24,261
- 639,200 29,114

FIXED ASSESTS VALUATION

The property known as the Laurels, 256 St Ann's Road N15 5AZ, was valued as at 18 December 2019 by RES PROPERTY SURVEYORS on the basis of Open Market Rent for £3,020,000.The asset was donated to the charity and this valuation was the used as the ebasis of recording the donation in income and in fixed assets during the year. The £3,020,000 was split between property in fixed assets of £680,000 and programme related investments of £2,340,000.

11. FIXED ASSET INVESTMENTS

Opening Market Value as at 1st April
Additions / (Disposal)
Realised / Unreaslised Gain/(Loss)
Market Value as at 31 March 2023
PROGRAMME RELATED INVESTMENTS
At cost		 2023
2022
£
£
62,565
64,875
(55,208)
974
(7,357)
(3,284)
-
62,565
2,340,000
2,340,000

This is the proportion of the property at 256 St Ann's Road, valued as at 18 December 2019 and used for community medical and health provision. Programme related investments are made in furtherance of the charity's objects and any return on investments is secondary to the purpose supported by the investments.

`

13 INVESTMENT IN SUBSIDIARY The Bridge Renewal Services Limited Company Number 07061456

The charity owns 100% of the voting equity. Net assets as at balance sheet date was £1.00. There were no liabilities. The Company is presently dormant and no trading profits / (losses).

48

The Bridge Renewal Trust year ended 31 March 2023 Notes to the financial statements (continued)

14
DEBTORS:
Trade
Accrued income
Other debtors
Rent deposits and advances
Prepayments
15
CREDITORS:
AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade
Social security and other taxes
Pensions
VAT
Accruals
Contract income in advance
Rent and service charge in advance
Deferred grants and contract income
Other		 2023
£
174,560
9,337
4,954
1,918
26,865
217,634
2023
£
54,452
28,522
-
6,304
57,544
-
93,789
138,537
2,195
381,343		 2022
£
113,478
13,669
-
20,258
147,405
2022
£
60,236
24,220
712
10,127
111,249
-
95,559
134,150
1,082
437,335

Deferred income comprises grants and other income received for services which have not been delivered as at 31.03.2023 or which specifically relate to the next financial year.

MOVEMENT IN DEFERRED INCOME:
Balance as at 1 April
Amount released to income
Amount deferred in the year
Balance as at 31 March 2023		 2023
2022
£
£
134,150
242,452
(134,150)
(242,452)
138,537
134,150
138,537
134,150

49

` The Bridge Renewal Trust year ended 31 March 2023 Notes to the financial statements (continued)

16 MOVEMENT IN FUNDS

RESTRICTED FUNDS

Opening
funds
£
MIND IN HARINGEY
-
THE BIG LOTTERY FUND
-
LINKLATERS
19,250
THE CITY BRIDGE TRUST
-
LOCALITY
-
MAYOR'S OFFICE FOR POLICING AND CRIME
8,620
CITY BRIDGE TRUST- CORNERSTONE
6,417
ABC PARENTS CRAFT PROJECT
30,998
THRIVE HARINGEY - ARTS COUNCIL
45,110
ROBERT & EVELYN LYONS CHAR TRUST - HARINGEY GIVING
TH DM NORTH ISLAND LTD - HARINGEY GIVING
-
CHARITY AID FOUNDATIONN- HARINGEY GIVING
-
HOLLIS GLOBAL LTD-HARINGEY GIVING
-
CHARITABLE GIVING - HARINGEY GIVING
-
HARINGEY GIVING GENERAL DONATIONS
35,291
EQUAL START PROJECT
19,204
HARINGEY COUNCIL LINK WORKER PROJECT
-
HARINGEY COUNCIL- Special Educational Needs & Disabilities
-
HARINGEY COUNCIL FOODNETWORK CO-ORDINATOR
-
ROYAL FREE CHARITY
-
164,890		 Income
£
58,650
99,608
20,000
101,600
10,000
19,055
40,446
163,667
5,000
1,000
1,303
600
500
905
31,603
-
30,000
77,379
50,747
34,788
746,851		 Expenditure
£
(58,650)
(99,608)
(28,109)
(101,600)
(10,000)
(22,341)
(15,971)
(190,815)
(43,412)
(1,000)
(1,303)
(600)
(500)
(905)
(56,130)
-
(30,000)
(61,692)
(50,747)
(34,788)
(808,171)		 Transfers/
gains
Closing
funds
£
£
-
-
-
-
-
11,141
-
-
-
-
-
5,334
-
30,892
-
3,850
-
6,698
-
-
-
-
-
-
-
-
-
-
-
10,764
-
19,204
-
-
-
15,687
-
-
-
-
-
103,570

  1. MIND IN HARINGEY funded the costs of the Wellbeing Consultant and contributed to overheads - fully spent

  2. The COMMUNITY FUNDS grant was for the first full year funding (second grant) of the (HEALTH@THEHUT)project - fully spent

  3. The LINKLATERS funding is ongoing core funding of the Haringey Giving Project's activities - unspend carried forward

  4. The City Bridge Trust grant was to fund the salary of the Haringey Giving Project's Director and contribute to overheads - fully spent

  5. LOCALITY grant was specically to support the HR Sports Academy (Together We Can Project of the Haringey Giving Project) - fully distributed

  6. The purpose of the Mayor's Office For Policing And Crime grant is to reduce crime and disorder and improve police service across Haringey any undistributed amount is carried forward in the accounts into the 2023/2024 financial year

  7. The City Bridge Trust Cornerstone grant was to work with other London Giving organisations and led by the Haringey Giving Project - underspend carr

  8. ABC PARENTCRAFT project is being funded by North Middlesex University Hospital NHS Trust working parents and families - ongoing

  9. 9.THRIVE HARINGEY Arts Council of England's funding was to fund health and wellbeing arts activities in Haringey and are ongoing

  10. THE ROBERT & EVELYN LYONS CHARITABLE grant was to fund Haringey Giving Project's grant making activitites - fully distributed

  11. TH DM NORTH ISLAND LTD grant was in support of the Haringey Giving Project's activities - fully spent

  12. The Charitable Aid Foundation funding was in support of the Haringey Giving Project's avtvities - fully spent

  13. The HOLLIS GLOBAL LTD grant was in response to Haringey Giving Project's specific appeal - fully disburded

  14. Charitable Giving funding was in support of Haringey Giving Project's activities - fully spent

  15. Haringey Giving Project's general public appeal during the year with funds directly received into the bank through The Stripe UK Ltd por

16.The Equal Start grants were specifically to provide whole system support for disadvantaged pupils and families from Lea Valley School Tottenh

17.Haringey Council's Link Worker grant was in respect of the campaign for increased vacinnation take up - COVID -19 funds fully expended

18.Haringey Council's Special Educational Needs & Disabilities - SEND grant - inderspent carried forward

  1. Haringey Council Food Network grant funded the salary and on costs of the Co-ordinator - funds used up

  2. The Royal Free Charity grant was for tackling Covid-linked inequalities in North Central London - fully expended.

50

The Bridge Renewal Trust year ended 31 March 2022 Notes to the financial statements (continued)

17 RESTRICTED FUNDS
31st March 2022
MIND IN HARINGEY
THE CHILD TRUST
THE BIG LOTTERY FUND
LINKLATERS
THE CITY BRIDGE TRUST
LOCALITY
MAYOR'S OFFICE FOR POLICING AND CRIME
CITY BRIDGE TRUST- CORNERSTONE
THE ORP FOUNDATION
THRIVE HARINGEY - ARTS COUNCIL
ABC PARENTS CRAFT
THE SOCIAL BITE FUND
ALDE CONT ARTS
MUSWELL HILL METHODIST CHURCH
HARINGEY GIVING GENERAL DONATIONS
OTHER
EQUAL START PROJECT
HARINGEY COUNCIL LINK WORKER PROJECT
HARINGEY COUNCIL DIGITAL INTERSHIP
HARINGEYCOUNCIL FOODNETWORK CO-ORDINATOR
HARINGEY COUNCIL LINK WORKER PROJECT		 Opening
funds
£
-
-
-
19,250
-
-
15,280
-
-
-
-
-
-
-
55,101
7,160
23,890
-
-
-
-
120,681		 Income
£
58,650
5,000
49,804
1,000
70,000
10,000
19,055
25,000
10,000
55,000
56,569
2,764
1,260
450
47,658
-
10,000
110,611
67,950
100,670
61,206
762,647		 Expenditure
£
(58,650)
(5,000)
(49,804)
(1,000)
(70,000)
(10,000)
(25,715)
(18,583)
(10,000)
(9,890)
(25,571)
(2,764)
(1,260)
(450)
(67,468)
(7,160)
(14,686)
(110,611)
(67,950)
(100,670)
(61,206)
(718,438)		 Transfers
/gains
Closing
funds
£
£
-
-
-
-
-
-
-
19,250
-
-
-
-
-
8,620
-
6,417
-
-
-
45,110
-
30,998
-
-
-
-
-
-
-
35,291
-
-
-
19,204
-
-
-
-
-
-
-
164,890

  1. MIND IN HARINGEY funded the costs of the Wellbeing Consultant and contributed to overheads - fully spent

  2. The CHILD TRUST grant funded Haringey Giving Project's grant making activities - fully distributed

  3. The COMMUNITY FUNDS grant was towards the funding of the first six months of a new three year project of the (HEALTH@THEHUT) - fully spent

  4. The LINKLATERS funding is ongoing core funding of the Haringey Giving Project's activities - unspend carried forward

5 The City Bridge Trust grant was to fund the salary of the Haringey Giving Project's Director and contribute to overheads - fully spent

  1. LOCALITY grant was specically to support the HR Sports Academy (Together We Can Project of the Haringey Giving Project) - fully distributed

7.The purpose of the Mayor's Office For Policing And Crime grant is to reduce crime and disorder and improve police service across Haringey any undistributed amount is carried forward in the accounts into the 2023/24 financial year

8.The City Bridge Trust Cornerstone grant was to work with other London Giving organisations and led by the Haringey Giving Project

9.THE ORP FOUNDATION grant was to fund Haringey Giving Project's grant making activitites - fully distributed

10.THRIVE HARINGEY Arts Council of England's funding was to fund health and wellbeing arts activities in Haringey and are ongoing

  1. ABC PARENT CRAFT project is being funded by North Middlesex University Hospital working with parents and Every Parent & Child organisation - ongoing

  2. THE SOCIAL BITE grant was a response to Haringey Giving Project's specific appeal - funds fully distributed

  3. THE ALDE CONT ARTS grant was a response to Haringey Giving Project's specific appeal - funds fully disbursed.

  4. The Muswell Hill Methodist Church grant was made against Haringey Giving Project's Afganistan Refugee appeal- funds fully distributed

  5. Haringey Giving Project's general public appeal during the year with funds directly received into the bank through The Stripe UK Ltd portal

16.The Equal Start grants were specifically to provide whole system support for disadvantaged pupils and families from Lea Valley School Tottenham.

17.Haringey Council Link Worker grant was in respect of the campaign for increased vacinnation take up - COVID -19 funds fully expended

18.Haringey Council Digital Intership grant was to facilitate digital awareness to Communities in Haringey who digitaly disavantaged - grant fully disbursed

  1. Haringey Council Food Network grant funded the salary of the Co-ordinator and the purchase of food and other expenditures for the network - funds used up

  2. Haringey Council Community Link Worker FACT - was final funding for distribution of leaflets, and other forms of information to inform residents about COVID - 19 protection - funds fully spent.

51

The Bridge Renewal Trust year ended 31 March 2023 Notes to the financial statements (continued)

18 SUMMARY OF FUNDS

Restricted funds
Designated Assets Fund
Unrestricted funds		 Opening
funds
£
164,890
3,039,748
663,502
3,868,140		 Income
£
712,063
-
2,899,903
3,611,966		 Expenditure
£
(773,383)
-
(2,678,130)
(3,451,513)		 Transfers/gains
Closing funds
£
£
-
103,570
(12,735)
3,027,013
12,735
898,010
-
4,028,593

Designated funds comprise the net book value of the fixed assets held by the charity plus the value of the Programme related investments.

19 SUMMARY OF FUNDS 31 MARCH 2022

Restricted funds
Designated Assets Fund
Unrestricted funds		 Opening
funds
£
120,681
3,054,958
320,348
3,495,987		 Income
£
701,441
-
2,441,195
3,142,636		 Expenditure
£
(657,232)
-
(2,113,251)
(2,770,483)		 Transfers/gains
Closing funds
£
£
-
164,890
(15,210)
3,039,748
15,210
663,502
-
3,868,140

Designated funds comprise the net book value of the fixed assets held by the charity plus the value of the Programme related investments.

20 Analysis of net assets between funds as at 31 March 2023

Tangible fixed assets
Investments
Programme related investments
Current assets
Current liabilities
 £
-
-
-
1,279,353
(381,343)
898,010
Unrestricted
funds		 Restricted
Funds
£
-
-
-
103,570
-
103,570		 Designated
Funds
Total Funds
£
£
687,013
687,013
-
-
2,340,000
2,340,000
-
1,382,923
-
(381,343)
3,027,013
4,028,593
21 Analysis of net assets between funds as at 31 March
£
Tangible fixed assets
-
Investments
62,565
Programme related investments
-
Current assets
1,038,272
Current liabilities
(437,335)
663,502
Unrestricted
funds		 2022
Restricted
Funds
£
-
-
-
164,890
-
164,890		 Designated
Funds
Total Funds
£
£
699,748
699,748
-
62,565
2,340,000
2,340,000
-
1,203,162
-
(437,335)
3,039,748
3,868,140

22 PRIOR YEAR ADJUSTMENT

Incorrect grossing up of rent was corrected to the amount of £74,693 and has reduced income by £74,693 and reduced expenditure by £74,693. This has had £Nil effect on the funds brought forward.

23 RELATED PARTY TRANSACTIONS

There were no related party transactions during the year or the previous year. There was no ultimate controlling party.

24 CONTINGENT LIABILITIES

There were no contigent liabilities as at 31 March 2023 31 March 2022: (none)

25 COMMITMENTS

Total commitments remaining on operating lease rentals: Photocopiers and Telephone Systems

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2023 2022
£ £
38,520 40,840
77,040 96,219
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52