This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

(F% brid renewal Og for happy and healthier communities

CHARITY NUMBER: COMPANY NUMBER:

1131941 06949568

THE BRIDGE RENEWAL TRUST TRUSTEES’ REPORT AND ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024

----- Start of picture text -----
THE BRIDGE RENEWAL TRUST
TRUSTEES’ ANNUAL REPORT
For the year ended 31 March 2024
CONTENTS Page
Legal and administrative information 1-2
Trustees’ report 3-23
Auditors report 24-26
Statement of financial activities 27
Balance sheet 28
Statement of cash flow 29
Note to the accounts 30-41
----- End of picture text -----

----- Start of picture text -----
THE BRIDGE RENEWAL TRUST
TRUSTEES’ ANNUAL REPORT
For the year ended 31 March 2024
LEGAL AND ADMINISTRATIVE INFORMATION
For the year ended 31 March 2024
TRUSTEES
Rachel Hughes Chair (Appointed 12th March 2011)
Michele Eastmond _ Vice Chair (Appointed (30th October 2018)
Paul Birtill Treasurer (Appointed 19th July 2012)
Yvonne Denny (Appointed 12th March 2011)
Lorne Horsford (Appointed 12th March 2011)
Natasha Afflick (Appointed 30th October 2018)
Joe Baker (Appointed 16th July 2019)
Lucia das Neves (Resigned 31st January 2023)
Glyn Clark (Appointed 19th April 2022)
Mary Mason (Appointed 18th April 2023)
CHIEF EXECUTIVE AND COMPANY SECRETARY
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.
1
----- End of picture text -----

----- Start of picture text -----
THE BRIDGE RENEWAL TRUST
TRUSTEES’ ANNUAL REPORT
For the year ended 31 March 2024
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
----- End of picture text -----

----- Start of picture text -----
2
----- End of picture text -----

----- Start of picture text -----
THE BRIDGE RENEWAL TRUST
TRUSTEES’ ANNUAL REPORT
For the year ended 31 March 2024
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 2024.
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:
¢ To promote and protect the physical and mental health of residents in and around the
Seven Sisters area of South Tottenham, London (“the Area of Benefit”); and
e The relief of unemployment for the benefit of residents in the Area of Benefit through a
range of interventions including training and assistance to find employment whether as an
employee or on a self-employed basis; and
e To relieve and prevent poverty amongst people living within the Area of Benefit; and
e To further or benefit the residents of the Area of Benefit and the surrounding
neighbourhood, without distinction of sex, sexual orientation, race or of political, religious
or other opinions by associating together the said residents and local authorities, voluntary
and other organisations in a common effort to advance education and to provide facilities
and services in the interest of social welfare for the objective of improving the conditions of
life for the residents.
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.
Objective 4: Work in partnership and support voluntary and community sector activities that
improve the health and wellbeing 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.
3
----- End of picture text -----

----- Start of picture text -----
THE BRIDGE RENEWAL TRUST
TRUSTEES’ ANNUAL REPORT
For the year ended 31 March 2024
We will offer practical ways that people can live happier healthier fulfilling lives and our approach is
guided by the following values:
e Respect and dignity
e Inclusion
¢ Empowerment
e Whole health
¢ Developing community resilience
e Socially responsible
e Value for money
Our Approach
The strategies we have used to deliver practical ways to address health inequalities include:
e Supporting people holistically to have the confidence, motivation, skills and knowledge to
make their own healthy life choices — and to be able to pass this on in their families and in
the community.
e Ensuring people can access the right mix for them of the medical and healthy living support
to get and stay well.
¢ Working collaboratively and in partnerships to increase the availability of accessible services
and support that will enhance the health and wellbeing of local people.
We put these strategies into action by delivering services and projects as detailed under
achievements and performance in this report.
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.
ACHIEVEMENTS AND PERFORMANCE
How our activities deliver public benefit
During 2023-24, 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:
e Community facilities.
e Healthier and stronger communities including whole health services, home from hospital,
Tottenham Talking, Haringey Wellbeing Network, care navigation and social prescribing, and
NHS Health Inequalities projects.
e Safer and stronger communities including safer neighbourhood board, homecooked and
youth echo projects.
e Strategic Partners Service including Community Impact Haringey, Haringey Food Network
and Volunteer Centre Haringey.
e Haringey Giving.
4
----- End of picture text -----

e The Community Hut: The site of

THE BRIDGE RENEWAL TRUST TRUSTEES’ ANNUAL REPORT For the year ended 31 March 2024

teams, which have been running for two years, are the fastest growing teams they have established. Additionally, our collaboration with North London Partnership Mental Health NHS Trust has allowed for indoor tennis sessions over the winter for patients in recovery.

----- Start of picture text -----
Maintaining the (ET peeee
operational efficiency of (¢ ‘a 4)
the Chestnuts Community KY
Centre continues to be a 74 operational hours per week
thewechallenge, strivenecessity toparticularly do for so yearly withoutas we nnayfat {ontetaanaee | DribedA
financial input from the oa Over 14,790 visitors in 2023/24
Bridge. Renewal Trust.tol peseaciaommun
While the centre is indeed scala > AY, J
a valuable asset to the i
community, it requires Pd
effectively.resources to To addressfunction a 27activitiesdifferent on agroups weekly/monthlydelivering basis
this, in 2024-25 we will <a
engage with various
partners and stakeholders Nama!
to co-produce plans to . seeecainny
redevelop the centre and Businesses
create a modern and
sustainable facility.
----- End of picture text -----

Healthier and stronger communities

Our healthier and stronger communities programme is designed reduce health inequalities by supporting residents to become more resilient. In 2023-24, we delivered essential knowledge, skills, and assistance through a range of services and projects including whole health services, home from hospital, Tottenham Talking, Haringey Wellbeing Network, family hubs, care navigation and social prescribing, health equity projects and community outreach & engagement for Somali-speaking residents. Through these services and projects, the programme aimed to empower residents to reduce health inequalities, tackle and mitigate the effects of the cost-of-living crisis, promote resilience and well-being throughout the community.

Home from Hospital Service: Funded by Haringey Council and North Central London Integrated Care Board, this service has significantly aided residents aged 18 and older in transitioning safely home post-hospital discharge. This year, we supported 556 patients, surpassing its target by 11.2%. We provided a comprehensive suite of services, including: 1,356 home visits, 5,807 hours of support and 4,241 calls to families and patients.

The service demonstrated inclusivity by supporting a diverse group of patients: 61% female and 39% male, with ethnic representation including 48% White, 30% Black/African/Caribbean/Black

THE BRIDGE RENEWAL TRUST TRUSTEES’ ANNUAL REPORT For the year ended 31 March 2024

----- Start of picture text -----
British, and 22% from other backgrounds. The readmission rate was impressively low at 3%,
indicating the effectiveness of the support provided. Patient satisfaction was notably high, with
99%9of OFP patients expressinP 6 —_———: i— mnt =VEPs|
positive feedback. x -@. | ee | * ts 2
In 2024-25, we will expan = _ = a
support services to include —
service a | \Re Le See :
plus activities like Ji, ts rn Ph iC? : \: & Ell,
befriending, welfare “ES Ee * e™ 0 pe? -oaale ree e
support in partnership 5 Stan by he af T=] 7 cee >a
with Citizens Advice _ —
Haringey and increase = y ¢ == =
community outreach to ne - Ses
ensure even more patients ye -€ ie ae ig
are aware of and can
access the service.
Health@theHut Project: Funded by the National Lottery Reaching Communities Fund,
Health@theHut aims to improve the health and wellbeing of residents by enabling lifestyle changes
including healthy eating and increasing physical activity and fostering social networks. In 2023-24,
we collaborated with local schools and community organisations and key achievements included:
e Engaged 113 parents and children (target 100) bey = cw vats
in healthy cooking sessions. ™ ate a = Bo S)..
e Engaged 40 older participants and 78 younger § pase ioe n [Poe "
participantsin physical activities. es eS ee
e Held community events such as Easter ~ mens e e ee ei
parties, slime parties, and summer festivals, 7 aha sox ~f hgguens ee aay),
drawing hundreds of participants and ee ge 5 a e Pe ed a
promoting social cohesion. ae me | ‘: oi;
In 2024-25, we will| seek continuing funding| and aFee = Sa<- Saseeal
introduce new health-focused workshops and expand Me a)
physical activity sessions to include more diverse —
exercises and age groups.
Tottenham Talking: Funded by North Central London Integrated Care Board and in partnership with
North London Mental Health Partnership NHS Trust, we ee = ~ 2
provided essential mental health support to individuals ames Hs,i ne —_ iff
living with and recovering from mental health . . a» 8Re3 a . . i”
challenges. The project offered a range of groups and re . |e EB oe ¢ , . =
individual supports delivered with the unique ts ¥ gee —b
perspective from mental health peer support workers oe tw il"
and mental health professionals including OT, y id 4 i »'
psychology and art therapy. if i y Pm i™
a y) Al id ae é
2 oie
|
----- End of picture text -----

THE BRIDGE RENEWAL TRUST TRUSTEES’ ANNUAL REPORT For the year ended 31 March 2024

Operating five days a week, Tottenham Talking received 147 referrals, surpassing its target by 22.5%. The project maintained a gender-inclusive environment and supported 75 Black and Minority Ethnic service users. Activities included 14 weekly groups, community engagement events, and new initiatives like art therapy sessions. The introduction of a community WhatsApp group facilitated better communication and outreach.

----- Start of picture text -----
Tottenham Talking Tim | Week beginnings Ae % HET ME ge atl|
[SWonoay4TH TUESOAYSTH —WEONESOAY6TH | THURSDAY7TH | FRIDAY 8TH % \ mG : 4
= COMMUNITYDn CENTRE pe—ha InternationalHelens(akira1mWomen's Dayon BP PeapleThereinere ares gra nen-fndgemenalplaced Tekanand wel:cuningTing nf r P < - _ 5s k ‘ i
Wels ocd Opes porn sah peal sa, 4 E x, cae
rnbare eid) ceeen Bese Mod in Feringeyend TT 4 The Tottentan Tathiny Nindfal Using Group ~ Fx" J :
ee Dement . Y ‘ i ' ~«a x } vi) h\ ~ — ce
In 2024-25, we co-develop specialised activities as appropriate for service users and enhance
----- End of picture text -----

outreach activities to strengthen our hub and spoke model of service delivery.

Haringey Wellbeing Network Project: This project, funded by North Central London ICB, exceeded all targets, benefiting 210 individuals and 40 grassroots groups involved in supporting the wellbeing of residents. Key achievements included:

----- Start of picture text -----
e Delivered capacity building workshops to grassroots groups covering organisational
management and
fundraising, and assisted Capacity Building Reach by Sector Y6
groups with mental health ies
advocacy skills. FOOD NETWORKS/FOOD BANKS, ETC we
sharing and networking. YOUNG PEOPLE/EMPLOYMENT =
FAMILIES/CHILDREN/WOMEN a
In 2024-25, we will further 0 5 10 #15 20 2 30 35 40 45
strengthen partnership with Mind ..
in Haringey and expand capacity-
building workshops to cover new areas of need.
----- End of picture text -----

Family Hubs and Start for Life: In partnership with Haringey Council Children Services, the Family Hubs project exceeded targets, achieving the following:

e Regular communication with voluntary and community sector organisations e Facilitated setting up of first Haringey Family Hub at the Triangle Children Centre and the second hub in Muswell Hill.

e Established a Parent Carer Panel for feedback and service improvement e Developed a Digital Offer platform for accessing services.

THE BRIDGE RENEWAL TRUST TRUSTEES’ ANNUAL REPORT For the year ended 31 March 2024

----- Start of picture text -----
In 2024-25, we will further enhance digital offerings and expand the Parent Carer Panel to include
more diverse voices an covering more hubs.
Community Outreach & Engagement (Somali Speaking): This project, funded by Haringey Council,
focused on mentoring young people and addressing community t- '% NO wel
issues such as Islamophobia. Key achievements included: . é j ae
=) ’ ry i ei. a
e Engaged 23 young people in mentoring sessions a / “a 4 esi tee
e Conducted regular community consultations > = ric
e Organisedpanel discussionan Islamophobia on hate crimeWeek workshop and a youth = 4> SSa4
In 2024-25, we will expand mentoring programmes and increase > cal ae a % “ .
community workshops to tackle emerging issues. StS —2t =se —..
—
----- End of picture text -----

Care navigation and social prescribing: in partnership with NHS partners such as Haringey GP Federations, Primary Care Networks and Whittington Health, we employed 9 social prescribers / care navigators who supported Haringey patients suffering from diabetes, frailty, obesity and heart conditions to access the care and information which best meets their health and social care needs. This helped them to be seen by the right person, at the right place and at the right time. Our team connected residents to social activities such as physical activities, arts/cultural activities, debt and other practical advice, and nature-based activities to improve their health and wellbeing.

Additionally, this year we recruited a Community Wellbeing Advocate, whose role is to support people from Black African and Caribbean backgrounds with cardiovascular disease (CVD) and at risk of other long-term conditions (LTCs).

In 2023-24, we will continue to work towards delivering positive behavioural change and the positive cross-sectoral working practises it encompasses.

NHS Health Inequalities Programme

----- Start of picture text -----
This programme is funded by North Central London ICB to reduce health inequalities which are
unfair and avoidable differences in health across the Haringey population with a focus on the more
deprived east of the borough. In 2023-24, we delivered the follow interventions:
ABC Parents: In partnership with North Mid pe ABC Parents oa
University Hospital, ABC Parents offers free © cttsvoemare nonce FREE
informative workshops, training, and peer support to - eee
educate parents on handling childhood injuries and i Cone
illnesses, reducing anxiety-related and avoidable A&E oe Sayat Kurkaron
visits, and supporting post-natal fitness and ae FC] une 27, 2024
breastfeeding. The project delivered around 300 ee actainiin tess teees bates
online workshops and lifesaving training sessions, Oise “e?
reaching diverse communities by offering sessions in Emakrotmcaipeenanent ac GAMO G
multiple languages. Peer support champions have
----- End of picture text -----

THE BRIDGE RENEWAL TRUST TRUSTEES’ ANNUAL REPORT For the year ended 31 March 2024 conducted 29 breastfeeding drop-in sessions and 60 support sessions for mothers on maternity/NICU wards.

Community Empowerment (Co-Production) Theme: This project aims to embed co-production practices in community and voluntary sector services. We co-developed a Co-production Toolkit that has been shared with statutory services through presentations to the Neighbourhood Health Inequalities Board and Haringey’s Age Well Board. Collaborating with Haringey GP Federation longterm conditions team, the project has increased engagement with Black African and Caribbean communities, addressing needs identified in our 2023 community action research report. An employability event in May 2024 saw over 30 residents and service providers participate. Our Community Ambassadors and Programme Coordinator are developing forward plans to further disseminate co-production practices across other NHS Health Inequalities Funded projects. Mental Wellbeing Theme: This theme continues to provide community-based wellbeing services to those excluded from mainstream services. Five grassroots organisations delivered 268 sessions, including activities such as crochet, volunteering, mentoring, and 1-1 support. 49 volunteers were recruited as community mental health ambassadors, providing 59 sessions of wellbeing support throughout 2023-24. Grassroots organisations have been supported through bidwriting/fundraising, trauma-informed practice, and peer support workshops.

----- Start of picture text -----
Examples of participant feedback:
e "It’s nice to have our group back and listen to stories | can relate to. It makes me feel I'm not
alone."
e "I'm thankful for the stigma in our community finally being challenged."
e "I felt down today, but being with this group gave me strength to carry out my day."
e "The coffee morning was just what | needed. Talking today really helped my mental health."
Case Study: “A 69-year-old Black African woman, felt isolated after her husband's death. A health
ambassador recommended a sewing group. She joined and experienced improved wellbeing,
confidence, social skills, and knitting abilities. She was also directed to bereavement support.”
Cancer Screening Awareness: This project aims to address barriers to cancer screening uptake
within marginalised communities. Cancer a
community champions have raised awareness at “ie |
over 15 events, reaching between 10 and 200 a A he xl
residents per event. Feedback from these | a eS ie = relleal
activities will inform tailored workshops and Res = 2 o> Oe, ae
initiatives, such as a workshop with healthcare = - 4, || ad ES
professionals for Black African, Black Caribbean, V Y: We lee DE pr:
and Turkish Cypriot communities. One | = _=
participant remarked, "Talking about breast O ec =|
cancer in our community is so needed." - - : :
----- End of picture text -----

Healthy Hearts Pilot Programme: Commissioned by Haringey Public Health, we are piloting this 15month long project utilising a "resident provider" model. The project started on 15 March 2024 and residents from priority groups will be recruited, funded, and supported to work with existing healthcare service providers by leveraging their social capital to increase the uptake of preventative

THE BRIDGE RENEWAL TRUST TRUSTEES’ ANNUAL REPORT For the year ended 31 March 2024

lifestyle improvement services within the community to tackle cardiovascular disease (CVD). This project will be externally evaluated to ensure learning is carried forward.

Overall, our healthier and stronger communities programme has significantly impacted the local community, promoting resilience and well-being. As we look ahead to 2024-25, we aim to build on this success by expanding our reach and enhancing our services to better meet the needs of our community.

Safer and stronger communities

Our safer and stronger communities programme strives to foster a community in Haringey where every individual feels safe, valued, and empowered to contribute to the community wellbeing. By working in partnerships, we aim to enhance community safety, promote inclusivity, and ensure that every resident has access to the resources and opportunities they need to thrive.

----- Start of picture text -----
Home Cooked Tottenham Hale: After three years of successful delivery and £1,125,000 of funding
from Mayor of London’s Violence r Dp
eduction Unit (VRU), the Home - . we. Ue !
Cooked consortium, led by The Bridge RE ie : . oA a. Da
Renewal Trust, has engaged 3,571 wen_{- i BP Sele, [3 ee
young people, professionals, and y cf a yall 4 ‘sé ~ | Sgt
residents through various interventions, Ta Le ) ta SS, & A
training sessions, and events. = | ] Y (gaa | + 7
In 2024-25, the consortium will use — ——
----- End of picture text -----

further funding of £150,000 from the VRU to sustain the activities of the programme by developing and implementing a business plan, fundraising and income generation strategy, capacity building and community engagement plan needed to address community violence in Tottenham Hale ward in the long term.

Home Cooked Northumberland Park: The Home Cooked programme secured £800,000 over two years to deliver a violence reduction project in Northumberland Park Ward, with Tottenham Hotspur Foundation joining as a consortium partner. This initiative will deliver a three-tiered offer to the community, reaching approximately 1,100 children, young people, parents, teachers, and residents through primary interventions, secondary support for at-risk individuals, and tertiary services for those known to the criminal justice system. The programme will also support the development of the grassroots sector and embed youth participation principles across all streams of delivery. The Home Cooked Northumberland Park programme is set to run for two years, with a possible extension.

Youth Echo: Youth Echo is an innovative £1.07m programme over 3 years funded by City Bridge Foundation under the Propel partnership initiative. It aims to address 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 community launch event in April 2024 saw 19 Haringey-based youth organisations and over 100 residents and young people come together. We have supported 30 youth organisations with bid writing and fundraising strategies training sessions, and 12 organisations attended training to enhance Youth Participation. In 2024-25, we will deliver ongoing social action activities that enable young people to contribute to

THE BRIDGE RENEWAL TRUST TRUSTEES’ ANNUAL REPORT For the year ended 31 March 2024

tackle systemic barriers and challenges faced by disadvantaged young people in four thematic areas: Healthcare, Police relations, Education, and Employment sectors. Haringey Safer Neighbourhood Board (SNB): we administer the Haringey Safer Neighbourhood Board and in 2023-24 the board funded 6 local organisations that reached over 800 young people. Interventions ranged from a Youth Summit to workshops on knife crime, safety, and exploitation prevention, to self-defence sessions for women and girls. Haringey Shed’s drama workshops for 240 young people explored themes like hate crime and healthy relationships. Feedback has been positive, leading to ongoing work addressing antisemitism and Islamophobia in schools. Overall, looking ahead to 2024-25, we will continue to strive to make a significant, positive impact in Haringey, fostering a safer and more inclusive community.

Strategic Partner Service (Community Impact Haringey)

Capacity Building: Throughout 2023/24, the eighth and final year of delivering this flagship service, Community Impact Haringey, overseen by our Head of Partnerships, provided substantial capacitybuilding support to Haringey’s voluntary and community sector. We successfully helped leverage £2.5 million in funds for the sector this year, contributing to a cumulative total of nearly £22.5 million over the contract’s duration. Our Capacity Building Manager addressed over 236 inquiries from community groups and charities, offering diverse support ranging from establishing Community Interest Companies (CICs) to organisation development and trustee recruitment. We maintained strong collaborations with VCS grant funding bodies, notably the National Lottery Community Fund, enhancing the financial sustainability and growth of local organisations. Volunteer Centre Haringey: we have been instrumental in promoting volunteering across the borough. We supported 24 Volunteer Involving Organisations (VIOs) through our Volunteering Best Practice Service, registering 57 new volunteering opportunities and conducting 45 best practice support meetings. During Volunteers’ Week in June 2023, we recognised 124 local volunteers for their outstanding contributions with certificates, celebrating their commitment to Haringey’s good causes. Additionally, our online basic safeguarding awareness training reached 272 participants from 31 organisations, enhancing the sector’s capacity to ensure volunteer safety and well-being.

----- Start of picture text -----
Volunteering & Safeguarding Outputs
60
50
40
30
20
od | | bad | hee
PPP PPP
Volunteering Opportunities Listed @ Best Practice Meetings
@ Completed Safegardung Training
12
----- End of picture text -----

THE BRIDGE RENEWAL TRUST TRUSTEES’ ANNUAL REPORT For the year ended 31 March 2024

Communications and Events: we have played a pivotal role in engaging the community. We facilitated 10 significant events, including nine Voluntary and Community Sector Forums, a meetthe-funder event, the Volunteer Recognition event, and the highlight of the year, the Haringey Community Expo 2023. These events, attended by over 742 participants and featuring 18 guest speakers, were delivered both online and in-person to maximise accessibility and impact. Our robust communication strategy involving email bulletins, social media, and our website, ensured effective dissemination of valuable information to residents, community organisations, and partners.

----- Start of picture text -----
. = 2 r ;
oS- o> Yeon = = =SA& WHATeyELSE?.. &. :
wo Sor mm & = wm Ee ~ i .—~ 4 |
SY a.. Gf es :ooaa at eer pital, a)ieSZ. OM|te ToeCte L
ui _ y ‘ ' fa ~|
fai | gl aan”)
fe, qt | | : aj
= a ~e > 2 @: c° ys
——_— g
| A ’ ff fe fy vs : v = oe ,
ad ag oe Ld i a 4 ‘ey : a =~ iia
ee 8 ee S ae
; af ~ = = : eee | S.Ct A ae Be Y BY
mol4 H(i aa nt "ote: (jag ¥ $
Se ee. oe em, = / me FD
i | oy, Oi bme Yi
lesb ie |
Haringey
Spring Networking EventVCS Forum jij
© CHESTNUTS
ARTS & COMMUNITY CENTRE "TY
13
----- End of picture text -----*

THE BRIDGE RENEWAL TRUST

TRUSTEES’ ANNUAL REPORT For the year ended 31 March 2024

NavNet: we continued to grow our NavNet Programme, a community of knowledge initiative with nearly 300 members, offering instant support via a WhatsApp group chat and regular networking opportunities.

Haringey Food Network: Our support for the Haringey Food Network this year has focused on developing a comprehensive food systems approach. We launched the Haringey Food Partnership, rooted in sociocracy principles, to broaden engagement and impact. Key achievements included maintaining communication channels for peer support, securing initial funding from the Greater London Authority (GLA) to enhance local food partnerships, and coordinating volunteer needs through a recruitment video and dedicated webpage. We also facilitated training reviews and funded courses to improve volunteer retention. Our collaboration with Haringey Council’s VCS team led to the development of a Community of Practice, enhancing partnership working and support at food banks. This year, we secured additional GLA funding for the Food Roots 2 Programme, aiming to build food resilience and develop sustainable practices to better support food-insecure residents. Other Activities: We organised the Bridge Summer Fest on 3 August 2023 at Chestnuts Community Centre and Park. This event, attended by over 500 people, featured engaging activities for families and showcased services and volunteering opportunities from 28 local community groups. The grassroots organisations. Our internal communications support also saw significant development, with a Task and Finish Communications Group enhancing digital capabilities among Bridge staff. Overall, 2023-24 has been a year of significant achievements for Community Impact Haringey, marked by successful capacity building, vibrant community events, strategic food network support, and robust volunteer engagement, all contributing to a thriving and resilient voluntary and community sector in Haringey.

Haringey Giving Haringey Giving is an independent partnership led by local residents and works closely with community organisations, local businesses and funders across Haringey. Haringey Giving is at the beating heart of our vibrant borough. As the hub for local giving, we offer opportunities for individuals and businesses to contribute to support the community we call home. Haringey Giving is administered by The Bridge Renewal Trust. Through our grants, Haringey Giving enables people and organisations in Haringey to benefit from the funds raised. We ensure that these and other resources are directed where they're needed most to make a positive difference to those in need of extra support. Our approach is collaborative and evidence-based and aims to tackle inequality by supporting the local community through addressing local priorities including:

e Children and young people with reference to community safety, knife and gun crime e Mental health including people experiencing social isolation e Skills and enterprise with reference to people living in Haringey who are refugees or from migrant communities.

THE BRIDGE RENEWAL TRUST TRUSTEES’ ANNUAL REPORT For the year ended 31 March 2024 Leveraging Funds and in-kind resources: The Haringey Giving Board is grateful to our corporate donors and funders who contributed towards core operating costs, grant making, tailored projects, onward grant making and other in kind support available during the year, including City Bridge Foundation, The Cornerstone Fund, Haringey Council, Linklaters LLP, Related Argent LLP, Raspberry Pi, The Bloomfield Trust, LHC Community Benefit Fund, Woodley Coles LLP, Techrelate, IT GUYS, Haringey Borough Women’s Football Club; The Orp Foundation and the Robert and Evelyn Lyons Charitable Trust. We would like to thank the many local residents and businesses who have contributed, helped spread awareness of Haringey Giving, raised funds and donated to Haringey Giving’s campaigns. Special thanks go to Alexandra Palace Young Creatives Network for raising funds to support young people in Haringey during the year. We would also like to thank Mayor of Haringey, Cllr Lester Buxton and Haringey MPs Catherine West and David Lammy who got behind our campaign and our priorities and helped us reach wider audiences during campaigns.

Our impactful fundraising campaigns through Changing Lives Appeal raised £30,500 to support the Changing Lives Fund. Haringey Giving Week campaign raised £17,471 for the Together We Can Fund, thanks to our match funding partners Linklaters, Related Argent, LHC Procurement Group, and generous public contributions.

Distribution of funds and resources e Together We Can Fund: Supports diverse community groups in addressing shared challenges. In autumn 2023, we awarded £44,999 to ten community projects, including Alevi Cultural Centre and Cemevi, Community Cook Up, and others. In winter 2023/24, six groups received £29,886, including Breadline London and Silver Circle Project.

----- Start of picture text -----
oo Ose, = i . a A Is 114 nS % yy
Bie ¢ ail : > meee Pek4
e Changing Lives Fund: Empowers individuals on low incomes to achieve transformative
----- End of picture text -----

changes through micro grants. In the second round, £30,000 was distributed among six Delivery Partners, including You vs You, Dalmar Heritage and Family Development, and HR Sports Academy.

THE BRIDGE RENEWAL TRUST TRUSTEES’ ANNUAL REPORT For the year ended 31 March 2024

----- Start of picture text -----
oo ee, Be “ a Ss, om ee ll is
Dy | aa dy: ~ a ates, BES eg pee), va tae”) Aga sy
ee liin bee GMT ae S3Ghanging Lives Func 2
yi Bis) Sees oN ey er A gt fe
----- End of picture text -----

Tackling Digital Exclusion

Through our partnership with the Raspberry Pi Foundation and the Bloomfield Trust, we provided essential devices and peripherals to children and young people, helping to bridge the digital divide in Haringey.

Devolved Funding Expertise Haringey Giving excels in designing and delivering impactful funding on behalf of other organisations. This year, we distributed funds for Haringey Council, LHC Community Benefit Fund,

Linklaters LLP, and Related Argent LLP, ensuring that resources were effectively allocated to support our community’s needs.

Looking Ahead As we reflect on 2023-24, Haringey Giving remains committed to empowering our community, fostering collaboration, and addressing local priorities. Together, we will continue to make Haringey a place where everyone can thrive.

Partnerships and Friends of the Bridge

Partnership is central to our work and key partners during 2023-24 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, Sewn Together/Gold & Silver Enterprises, Turkish Cypriot Community Association (TCCA), RISE Projects, HOPEC, ARK Resettlement Services, Dalmar Heritage and Family Development, 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.

----- Start of picture text -----
THE BRIDGE RENEWAL TRUST
TRUSTEES’ ANNUAL REPORT
For the year ended 31 March 2024
Financial review
Principal Funding Sources: The main income sources during the year included:
a) Earned income from rent the Laurels Healthy Living Centre 290,025 (2023: £291,447.
Chestnuts Centre venue rental income £47,035 (2023: £37,093) and Community Hut rental
income £13,905 (2023: £14,221).
b) Earned income from sales Whole Health Services £79,036 (2023: £70,476) Other- £24,225
(2023: £24,225)Service contracts from commissioners North Central London | £72,797
(2023: £72,7974) and Barnet, Enfield and Haringey Mental Health Trust £177,239 (2023:
£145,078)
c) Federated4Health £319,932 (2023: £327,307) Haringey Council £722,124 (2023: £677,500)
and MIND IN HARINGEY £82,598 (2023: £58,650)
d) Grants from Charitable Funders and Trusts National Lottery Community Fund £121,663
(2023: £99,609) Haringey Giving General Appeal £15,727 (2023: £35,911)
e) City Bridge Foundation £482,450 (2023 £156,478) Linklaters £30,000 (2023: £30,000) and
LOCALITY £10,000 (2023 £10,000)
f) Mayor’s Office for Policing and Crime £24,729 (2023: £24,665) and Greater London
Authority £375,000 (2023: £385,759)
g) Other major sources: North Middlesex University Hospital £160,930, Royal Free Charity
£17,394, North Central London Cancer Alliance £71,397 NCLICB- REN £42,500.
It is worth noting that Haringey Council’s proportion of this year’s turnover of £3,331,907 was
21.6% as compared to relatively higher percentages of previous years.
Turnover for the year was £3,331,907 (2023 £2,899,904) and expenditures of £3,248,815 (2023
£2,732,694) resulting into a trading surplus of £93,809 (2023: £167,810 including unrealised capital
investment gain of £10,708 (2023: (£7,357) loss).
The Statement of Financial Activities (SOFA) on page 38 of this report detailed the trading results
for the financial year.
Investment Policy: Trustees have agreed an updated investment policy with the following main
objectives:
a) To produce the best financial return within an acceptable level of risk.
b) To generate a return in excess of inflation over the long term whilst generating an income to
support the on-going activities of the charity.
c) To preserve the capital value with a minimum level of risk in the short-term. Assets should
be readily available to meet unanticipated cash flow requirements.
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 2022/23
17
----- End of picture text -----

----- Start of picture text -----
THE BRIDGE RENEWAL TRUST
TRUSTEES’ ANNUAL REPORT
For the year ended 31 March 2024
financial year the Trustees having approved the disposal of the Aegon Ethical Cautious Managed
Funds during the same financial year had subsequently approved CCLA Investment Deposit Account
amount of £85,000 and was placed on 06/07/2023. These investments were valued at £96,652 at
31 March 2024 with Capital and Income growth of £11,652, please note 11 the accounts.
The total assets value of £4,049,896 on the balance sheet includes the programme related
investments of £2,340,000 which form part of the total funds 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 expenditures and to build resources for future investments.
This year, the charity’s funds have increased from £3,956,087 in 2023 (as restated) to £4,049,896 of
which £1,033,808 were unrestricted reserves and £21,179 restricted reserves details in note 18 to
the accounts.
Purpose of reserve Target £1,375m
e Contingency Reserves:
- £450k to provide for short term solvency and stability in case of an extreme event.
- Ensure the Charity can function while action is taken.
e Working Capital Reserves:
- 275k to manage the working capital requirements and ensure it can meet its operational
costs.
e External Financial Risks:
- £500k to provide level of mitigation against the financial risk of the loss of main tenant.
- contingency for void at the Laurels through loss of income from main tenant.
tendering and void at the Laurels.
e Strategic Reserves:
- £150k to explore the redevelopment of the Chestnuts Centre. It is anticipated funding
could be secured that would reduce the strategic reserves substantially.
e Unrestricted reserves:
The unrestricted reserves amounted to £1,033m which is the same value as the free
reserves. This was calculated taking into account fixed assets investments plus current
assets less current liabilities. Please see note 20 to the accounts.
e Designated Funds:
The designated funds of £2,995m was made up of £2,340m programme related
investment and £655k fixed assets including the current value of the Laurels office space
which the Bridge occupies.
18
----- End of picture text -----

----- Start of picture text -----
THE BRIDGE RENEWAL TRUST
TRUSTEES’ ANNUAL REPORT
For the year ended 31 March 2024
As can be seen we are still working towards the target reserves of £1,375m. We wish to thank our
funders and supporters for their interest in our work and the achievements we have made so far.
We would very much appreciate your help towards achieving this target through your on-going
commissioning for the benefit of our local and community groups.
Risk Management
A risk management strategy is in place comprising the charity and subsidiary company:
e Establishment and implementation of policies, systems and procedures to mitigate
identified risks.
The following matters have been considered as part of the risk review by Trustees during the year:
e Board responsibilities and risks areas: Board development and training days have been held
covering key areas such as risk management and financial management; and Register of
Conflict of Interest for Trustees is kept up to date.
e Reputational risks ensure that key contractual services such as the Strategic Partner
service/Community Impact Haringey are successfully delivered.
e Operational and staffing issues - Operational Risk Register used to identify and manage
these risks.
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 and urgent
redevelopment of Chestnuts Community Centre to improve its viability and sustainability. We are
managing these through regular risk assessment. The viability of the Chestnuts Community Centre
remains a concern in the short to medium term. We have started co-production work for a shared
vision and long-term plan to deliver a modern and environmentally friendly community facility. We
have employed a Bid Co-ordinator who support us to develop a business plan and submit bids to
secure funding for the redevelopment in 2024-25.
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) continues to steer our strategic, financial, and operational
planning activities over the next year and beyond. We will continue to work collaboratively to
support communities to continue to become more resilient and thrive during the next difficult
years. Key future plans include:
19
----- End of picture text -----

----- Start of picture text -----
THE BRIDGE RENEWAL TRUST
TRUSTEES’ ANNUAL REPORT
For the year ended 31 March 2024
e Ongoing key stakeholder engagement to co-produce a vision and redevelopment
framework including funding package for Chestnuts community Centre — as modern art and
digital centre.
e Continue promoting healthier, stronger and safer communities through self-help initiatives
and early help and preventive health and wellbeing services alongside residents.
Continue to provide leadership across the borough to ensure greater understanding of [the]
disparities and promote equitable access to services
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
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.
20
----- End of picture text -----

----- Start of picture text -----
THE BRIDGE RENEWAL TRUST
TRUSTEES’ ANNUAL REPORT
For the year ended 31 March 2024
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 2023-24 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 2024-25 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
Healthier and Stronger Communities, Head of Safer and Stronger Communities, 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 2023-24, 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 2024-25, we will continue to review our leadership and
operational capacities and take appropriate actions as necessary including the introduction of
heads.
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 April 2024, Trustees
approved a 2.5% cost of living pay rise for the entire work force with effect from 1 April 2024 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.
Fundraising Complaints: none for the year (2022-23) none.
21
----- End of picture text -----

----- Start of picture text -----
THE BRIDGE RENEWAL TRUST
TRUSTEES’ ANNUAL REPORT
For the year ended 31 March 2024
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:
e Select suitable accounting policies and then apply them consistently.
e Observe the methods and principles in the Charities SORP (FRS102-2019).
e Make judgments and estimates that are reasonable and prudent.
e State whether applicable accounting standards have been followed, subject to any material
departures disclosed and explained in the financial statements.
e Prepare the financial statements on the going concern basis unless it is inappropriate to
presume that the charity will continue in operation.
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
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:
e There is no relevant information, being information needed by the auditors in connection
with preparing their report, of which the organisation’s finance staff is unaware, and
e The Trustees, having made enquiries of fellow Directors and the organisation’s finance staff
that they ought to have individually taken, have each taken all steps that he/she is obliged
to take as a director in order to make themselves aware of any relevant audit information
and to establish that the auditor is aware of that information.
22
----- End of picture text -----

Rachel Hughes (Fri, 13th Dec 2024 11:00:35 GMT)

Date: 13 December

year ended 31 March 202 comprise of the Statement o 3@A 8 s, th 3H783 G @A B5 ce Sheet, the Cash Flow Statement and notes to the atements a summary C7I@ n AE5@ B . Th 3@A UE framework that has bee 1U3H3 UB7A3 an dom AE5@ Standard B5 3@A UE Standard 102 vwxyxP eporting Standard ap ble in the UK and Republic o tQyx United Kingdom Accepted Accounting Practice). In our o the @A atements: e giveatruean of the state of th 3H783 ompany 9 as at 31 March 2024, and of A23 ED resources an UB7A3 of resource B5 ome an U1@ re, for

3UUB 7A3 B law. Our respon under those standards are further described in the Auditor’s
H1CUE@C7 T @A s forthe audit ofthe atements section ofour report. We are independent ofthe
A23H7 83 company in accordance with the ethical requirements that are relevant to our audit of the
97 @3@A B 5 atements in the UK the FRC’s Et andard, and we have f our other ethical
H1CUE@C7 T s in accordance with these requirements. We believe that the audit evidence we have
ET8 dissufficient and appropriate to provide a basisforour o .
Conclusions relatingtogoingconcern
@ In au the statements, we have concluded thatthe trustees’ use ofthe going concern basis
@ ofaccounting in the preparation of the statements isappropriate.
@8 Based on theworkwe have performed,we have no any material uncertainties r to
5 events orcon sthat, in orcollectively, maycast antdoubton the cha
company's a to continue as a going concern fora period ofat leasttwelve monthsfromwhen the
97 @3@A atements are authorised for issue.
B B Our respon and the respon of the trusteeswith respectto goingconcern are described in
the relevant sections ofthis report.
Other information
EHD3 EHD3 The othe comprises the included in the trustees’ annual report, other than the
97 @3@A tatements and our auditor’s report thereon. The trustees are responsible for the other
ormation contained the annual report. Our o on the financial statements does not cover
EHD3 21H the othe and, except tothe exten ex stated in our report,wedo notexpress
anyform ofassurance conclusion thereon.
@A In connection with ouraudit of the atements, our respon isto read the other information
EHD3 @ and, in doing so, consider whether the other is mate inconsistent with the
statements orour knowledge obtained in the audit orotherwise appears to be materially misstated. Ifwe
7 61@ such mate consistencies or apparent material misstatements, we are required to determine
@A whether there is a material misstatement in the atements or a mate isstatement of the
EHD3 other . If, based on the work we have performed, we conclude that there is a material
D tatementofthisotherinformation,wearerequiredtoreport thatfact.

----- Start of picture text -----
&B
----- End of picture text -----

----- Start of picture text -----
')0')4 &B
&B
----- End of picture text -----

----- Start of picture text -----
400S1B4
----- End of picture text -----

----- Start of picture text -----
&8
----- End of picture text -----

----- Start of picture text -----
&B
returns; or
e certain disclosures of trustees’ remuneration specified by law are not made; or
e we have not received all th ')G4 and explanations we require for our audit.
e the trustees were not entitled to prepare the &B atements in accordance with the small
companies regime and take advantage of the sm mpanies exemptions in preparing the trustees’
report and from the requirements to prepare a strategic report.
Responsibilities of trustees
As explained more fully in the trustees’ respon s statement, the trustees (who are also the
of the cha company for the purposes of company law) are respon for the preparation of
C1&4&B atements and for being sa that they give a true and fair view, and for such 6)&
as the trustees determine is necessary to enable the preparation of financial statements that are free
G486) isstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the cha
43 to continue as a going concern, dis ,as ap matters related to going concern and
th concer f accountin sthe trustees eithe endt te the charitable
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
)6H(S4 s made under those Acts.
Our objectives are to obtain reasonable assurance about whether the &B atements as a whole
free from mate isstatement, whether due to fraud or error, and to issue an auditor’s report
1& es OU . Reasonable assurance is a hig assurance, but is not a guarantee that a
conducted in accordance with ISAs (UK) w _ lways detect a material misstatement when it
y tatements can arise from fraud or error and ar & re 486) 1I17( he
they could reasonably be expected t nce the econom B s of users taken on the basis of
C1&4&B atements.
%))6H(S4 S S( fraud, are instances of non-compliance with laws and regulations. We
procedures in with our respon S , OU d above, to detect material misstatements in respect
1))6H(S4) S( fraud. The extent to which our procedures are capable of detecting H(S4)
1&BS( fraud is detailed below:
----- End of picture text -----

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 direttly 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 Att 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 proceduresto 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 auditorfs report. Use of our report This report is made solely to the charitable companvs 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 auditorfs report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibilityto anyone otherthan the charitable company and the charitable companvs members as a body and the charitable companvs 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)# 17 December 2024 For and on behalf of Price Bailey LLP Chartered Accountants and Statutory Auditors 3rd Floor 24 Old Bond Street, Mayfair, London WSI 4AP 26

The Bridge Renewal Trust

Statement of Financial Activities

(Incorporating the Income and Expenditure Account)

for year ended 31 March 2024

----- Start of picture text -----
2024 2024 2024 2023 2023 2023
Restricted Unrestricted Total Restricted Unrestricted Total
Fund Fund Funds Fund Fund Funds
As restated As restated
Notes £ £ £ £ £ £
Income
Laurels rent 2 v - v 290,025 v 290,025 - vr 291,447 v 291,447
Income from charitable activities:
Promote and protect mental and physical health 3 "1,120,825 " 1,873,011 ” 2,993,836 746,851 1,828,755 " 2,575,606
Income from investments - 33,290 ” 33,290 - 1775 ” 1,775
Other trading income - " 14756 " 14,756 - 31,076 " 31,076
1,120,825 2,211,082 3,331,907 746,851 2,153,053 2,899,904
Expenditures
Fundraising - 88,801 88,801 - 106,900 106,900
Promote and protect mental and physical health 4,16 1,203,216 1,956,799 3,160,015 808,171 1,817,023 2,625,194
Total expenditure 1,203,216 2,045,599 3,248,815 808,171 1,923,923 2,732,094
167,810 (82,391) 165,483 83,092 (61,320) 229,130 167,810
Before gains/(losses) on investments (82,391) 165,483 83,092 (61,320) 229,130 167,810
Net gains / ( losses) on investments 11 - 10,718 10,718 - (7,357) (7,357)
Total (82,391) 176,200 93,809 (61,320) 221,773 160,453
NET MOVEMENT IN FUNDS (82,391) - 176,200 93,809 (61,320) 221,773 - 160,453
ce ue forward 1st April 103,570 3,852,517 3,956,087 164,890 3,703,250 3,868,140
PRIOR YEAR ADJUSTMENT » - - - - (72,506) (72,506)
Total funds carried forward 31st March 2024 0 21,179 4,028,717 4,049,896 103,570 3,852,517 3,956,087
----- End of picture text -----

;

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

The notes on pages 30 to 41 form an integral part of these financial statements.

The financial statements were approved and authorised for issue by the trustees on 13 December 2024 and signed on their behalf by:

11:00:35 GMT)

The Bridge Renewal Trust

Statement of Cash Flows

year ended 31 March 2024 6 Notes 2024 2023 Total Funds Total Funds £ £ Cash flows from operating activities Cash generated from operations 1 (16,569) 79,366 Net Cash provided by (used in) operating activities (16,569) 79,366

Cash flows from investing activities: Investment income Disposal of assests Disppal of investments investments Purchase of investments of investments investments Purchase of tangible fixed assets Net cash cash provided by (used (used in) investing investing activities Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the the beginning of the reporting period Cash and and cash equivalents equivalents at the end the end end of the reporting reporting period 1 RECONCILIATION OF NET MOVEMENT FUNDS

Investment income - 1,775 Disposal of assests 15,160 - Disppal of investments investments (944) Purchase of investments of investments investments (85,000) - Purchase of tangible fixed assets ~~(5,113) (26,818)~~ Net cash cash provided by (used (used in) investing investing activities (75,897) (25,043) Change in cash and cash equivalents in the reporting period (92,466) 109,532 Cash and cash equivalents at the the beginning of the reporting period 2 1,165,289 1,055,757 Cash and and cash equivalents equivalents at the end the end end of the reporting reporting 3 1,072,823 1,165,289 period RECONCILIATION OF NET MOVEMENT FUNDS 2024 2023 TO NETCASH FLOW FROM OPERATING ACTIVITIES Total Funds Total Funds £ £ Net income from operating activitities (as per the statement 93,809 160,453 of financial activities) Adjustments for: Add back: Investment losses/deduct investment gains (10,708) 7,357 Deduct: Investment income tax (886) (1,775) Depreciation charge 22,057 39,552 (Increase) / Decrease in debtors (263,881) (70,229) Increase / (Decrease) in creditors 143,040 (55,992) Net cash provided by (used in) operating activities (16,569) 73,366 ANALYSIS OF CASH AND AND CASH EQUIVALENTS 2024 2023 £ £ Cash at bank and in hand and short term deposits 1,072,823 1,165,289 1,072,823 1,165,289 Analysis of changes in net debt Cash and Cash equivalents 01 04 2023 1,165,289 1,055,757 Cash flows (92,466) 109,532 Other non cash changes - - Cash and Cash equivalents 31 03 2024 1,072,823 1,165,289

2 ANALYSIS OF CASH AND AND CASH EQUIVALENTS

----- Start of picture text -----
The Bridae Renewal Trust
Notes to the Financial Statements
year ended 31 March 2024 (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:
- Costs of raising funds comprise the costs associated with attracting voluntary income and costs
of trading for fundraising purposes.
- Expenditure on charitable activities includes the costs incurred by the charity in the delivery of its
activities and services for its beneficiaries. It includes both costs that can be allocated directly to
such activities and those costs of an indirect nature necessary to support them.
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 ona 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
1) 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.
0) 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.
30
----- End of picture text -----

----- Start of picture text -----
The Bridge Renewal Trust
Notes to the Financial Statements
year ended 31 March 2024 (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:
- Investments measured at their fair value as at the balance sheet date;
- Fixed assets are measured at cost less depreciation;
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.
31
----- End of picture text -----

The Bridge Renewal Trust year ended 31 March 2024 Notes to the financial statements (continued)

Total Total Restricted Unrestricted 2024 Restricted Unrestricted 2023 asrestated asrestated £ £ £ £ £ £ RENTAL INCOME Laurels Healthy Living Centre Centre Lease Rental - 290,025 290,025 - 291,447 291,447 INCOME FROM CHARITABLE ACTIVITIES Restricted Unrestricted Total Restricted Unrestricted Total £ £ £ £ £ £ Community Hut - 13,905 13,905 - 14,221 14,221 Whole Health Therapies - 79,036 79,036 - 70,476 70,476 North London Partnership Consortium - 3,750 3,750 - 6,250 6,250 The City Bridge Trust - Haringey Giving 114,100 - 114,100 101,600 4,878 106,478 The City Bridge Trust - Cornerstone Project 89,656 10,344 100,000 40,446 9,554 50,000 LOCALITY- Haringey Giving 10,000 - 10,000 10,000 - 10,000 Mayor's Office for Policing and Crime 19,055 5,674 24,729 19,055 5,600 24,655 The City Bridge Foundation-Youth Echo 268,350 - 268,350 GLA- Food Roots Incubator Grant - 11,212 11,212 13,200 13,200 - MYENDS Project/Home Cooked Food - 376,000 376,000 372,559 372,559 North Central London Cancer Alliance - 71,397 71,397 102,769 102,769 ABC Parent Craft Project 160,930 - 160,930 163,667 - 163,667 Linklaters- Haringey Giving 20,000 10,000 30,000 20,000 10,000 30,000 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 15,727 - 15,727 31,603 - 31,603 Charitable Giving - - - 905 - 905 Volunteer Centre Camden PLUS - - - - 2,212 2,212 NCLICB Long Covid Referral - 5,214 5,214 - - - Claremont Communications Lunghealth Campaign - 4,000 4,000 - - - LondonPlus VCS Emergency Planning Grant - 5,000 5,000 - 4,253 4,253 Inclusion Barnet-VCS borough representation lead - 5,650 5,650 - 8,150 8,150 Royal Free Charity 17,394 - 17,394 34,788 - 34,788 The Whittington Health Hospital Carer Service - 16,341 16,341 - - - 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 - 60,000 60,000 - 40,000 40,000 LB Haringey- Family Hubs& Start For Life Project - 42,000 42,000 - 27,000 27,000 LB Haringey- Inspire Project 2022 - - - - 28,800 28,800 BEH- Community Engagement Sessions - 20,761 20,761 - - - LB Haringey- Communities and Link Worker - - - - 27,943 27,943 LB Haringey - Waste Engagement Project - 12,500 12,500 - 24,028 24,028 LB HaringeyResidents Fund - 4,333 4,333 - - - LB Haringey- Haringey Giving 5,000 - 5,000 - 10,000 10,000 LB Haringey- COVID Marshals Support - - - - - - LB Haringey - Food Network Co-ordinator 47,946 - 47,946 50,747 - 50,747 LB Haringey-Innovation Fund Haringey Giving 49,045 5,955 55,000 - - - LB Haringey- Parent/Carer Champion Network - - - - 31,250 31,250 LB Haringey- Community Protect 59,997 59,997 30,000 - 30,000 LB Haringey- Somali Outreach Worker - 20,000 20,000 - 20,000 20,000 LBH CVS On A Page Grant - 2,500 2,500 - - - LB Haringey - Special Educational Needs & Disabilitie: 73,204 - 73,204 77,379 - 77,379 NCLICB Small Communities Grant - 11,500 11,500 - - - Thrive Haringey- Arts Council - - - 5,000 - 5,000

2 RENTAL INCOME

Laurels Healthy Living Centre Centre Lease Rental 3 INCOME FROM CHARITABLE ACTIVITIES

7,937

-Q8 uw SsSeRgarog:SRERSKRESanaaMANNWDAAMoanfo]A ' g5BSS=°8” waw EEeRRa0AAARangamaSsagBSRgszsoraeaewo eegsOHoirhonone' '¢Ba]oaga]&a23)a)8) $s#af83a8 f32¢g£928352§2§5aeas32 e 8a =?Hlg 8 gq]. 3. £5g29282 ~~-. a~~ n ~~e~~ 83ad Bye$e o aeOa ‘ig2 '| 28 ss22 2ae£5 ona 3¢|ss Esg§ 88 sosser ag fy w ane+o388 a RoOreea2 83 =8 ‘ reg2reas&S 3$2a3a 3 oodgeag mis58 23g§alJ eeze285 »a ee a 48s 2sgetEFs seSeagSS 5a:¢gSk88 'leglESanodaga gsa38 28aao3oftgs$ 28a2 SEEEge“eas£aw NS588"RRRSSgatgeadadun sof '\zaglZ8Be~ 6g&8~| fea8oo2a 5 Eo és85g§zs2 aw onsBRERSBaSSRgatgqe ~~-~~ a a ~~»~~ o ~~e~~ ~ Hono c)gx]35|on)ads 88aRR 38aPangs36oggageao388 a w on: tone 5 28 ggas 'Rs88 RSRRR 338 gszEgs2,ce35 w SoSsnwt2gs #8aagrIN toe Ra)awomosooom)maa eouw8aoa|a sesez26—EemeE2ge3=»a %&Ss§s° gs=@s w SSaganRoNAss8APS eRa soe aoe BS)QAx|AA} 8ml 338= &3 . mire ae3%cz5 5 o-E”—_w nuanwo88888 oe ee zea| = a5 mesogedEosof3 aRtAanny~Nnu5 nos“gs 3a7Raos7 FSg35| geg825a5$gs=® 2z aw HageonBRESS hone |BBae]8| §x Doa3g eeef gusogegvagg gise|jg[3]] a[5] 3258f3 83 a) 2° & Zez=852S w ag' 888 hone ‘|Rel 3 3z% 2s322ggeacg8ra33E aw 2rSotZagssa9Tog NMR!888oags~ oN A UM! ‘TrBe3g3as}S§|paar@ omwo&aaof8 cz50=Es2sa=$25=o2s 223 5S wnt on ul on] 0 2s 6aFA2© qg a womom Eyoom Seego¢anEm.§ z a g' 38 ‘\a'| 3 53 staos£33 §§ga3c2 a8sankg 8 §.e 2& g'|oOoO: Fy8oOoO S38es28Esaea=Qeaeas2ytOw$3Seo$32 owa8x= = aggg8 Eo2s3 zee$552 85§2 g23 &gg 882562£fs 35=zgE z2o2 3 3S2 ®o 24 2o 38s662 3sge BaeopsXs @ =3 $yeegeseeesLeoeSeESanksect9 888ge 3g8 =seBEge atofor25355%Bog =& ZesEetagzsszBOtBAAGCSSGseogugSsgssgyo-feeesahs= d feesEES B52&88 $3=38BS_3 8 a Tt

t foe)

----- Start of picture text -----
oFaar)Ne
2sowe> wo
=a)
gstby
----- End of picture text -----

2024

2023

The Bridge Renewal Trust

year ended 31 March 2024 Notes to the financial statements (continued)

Net income/expenditure

This is stated after charging:

£ £ Depreciation of tangible fixed assets 35,746 39,552 Auditors' remuneration: - audit current year 16,261 13,540 - overprovision in previous year 4,003 1,105 - underprovision in previous year - - - other services - 1,184 Operating leases: - Photocopiers 45,268 45,268 - Telephone Systems 33,508 36,799 Staff costs and numbers Staff costs costs were as follows: follows: 2024 2023 £ £ Salaries and wages 1,407,376 1,249,840 Social security costs 127,343 115,194 Pension costs 76,188 65,866 Sub-total 1,610,907 1,430,900 Other staff costs 41,540 21,508 Total staffing costs 1,652,447 1,452,408 £ £ Redundancies ~~-~~ Employees who received emoluments - between £80,000 and £90,000 NIL 1 Employees who received emoluments - between £90,000 and £100,000 1 - The average weekly number of employees (full-time equivalent) during the year was as follows: 2024 2023 No. No. Charitable activities 49.8 44.5 Support activities 75 7.5 57.3 52.0 The average monthly headcount of of full and part time employees time employees employees during the year was was as follows: 2024 2023 No. No. ~~573 39.2~~

Staff costs and numbers Staff costs costs were as follows: follows:

----- Start of picture text -----
The average monthly headcount of of full and part time employees time employees employees during the year was was as follows:
----- End of picture text -----

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 Directorof 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 (2023:Nil). During the year, 3 trustees received benefits in kind relating to mobile phones (2023: 3).

No trustee received any reimbursement for expenses (2023:none).

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

2024 2023 £ £ Salaries 289,035 295,917 Employer NIC 32,251 34,372 Employer Pensions 17,342 17,755 Total ~~338,628 348,044~~

The Bridge Renewal Trust year ended 31 March 2024 Notes to the financial statements (continued)

Taxation

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

Tangible fixed assets Computers & Laurels Community Hut Total equipment long lease improvement £ £ £ £

----- Start of picture text -----
Cost/valuation
As at 1 April 2023 67,005 680,000 48,522 795,527
Disposal (2,941) - - (2,941)
Fully depreciated (12,219) - - (12,219)
Additions during year 5,113 - - 5,113
As at 31 March 2024 56,958 680,000 48,522 785,480
Depreciation
Asat 1April 2024 29,853 54,400 24,261 108,514
Disposal (1,471) - - (1,471)
Disposal of fully depreciated assets (12,219) - - (12,219)
Charge for year 17,294 13,600 4,852 35,746
As at 31 March 2024 33,457 68,000 29,113 130,570
Net book value
As at 31 March 2024 23,501 612,000 19,409 654,910
As at 1st April 2023 37,152 625,600 24,261 687,013
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 basis of recording the donation in income and in fixed assets during that year.
The £3,020,000 was split between property in fixed assets of £680,000 and programme related investments of £2,340,000.
----- End of picture text -----

FIXED ASSET INVESTMENTS

2024 2023 £ £ Opening Market Value as at 1st April - 62,565 Additions / (Disposal) 85,000 - Realised / Unreaslised Gain/(Loss) 944 (55,208) 10,708 (7,357) Market Value as at 31 March 2024 96,652 i PROGRAMME RELATED INVESTMENTS At cost 2,340,000 2,340,000 This is the the proportion ofthe ofthethe property at 256 St Ann's 256 St Ann's St Ann's Ann's Road, valued as at at 18 December 2019 and 2019 and used for community community medical and health provision. Programme related investments in furtherance of[[the]][[charity's]][[objects]][[and]][[any]][[return]][[on]][[investments]][[is][ secondary][ to]][[ secondary][ to]][[ to]][[the]][[purpose]][[supported]][[by]][[the]][[investments.]] .

12 PROGRAMME RELATED INVESTMENTS

At cost 2,340,000 2,340,000 This is the the proportion ofthe ofthethe property at 256 St Ann's 256 St Ann's St Ann's Ann's Road, valued as at at 18 December 2019 and 2019 and used for community 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]][[ secondary][ to]][[ to]][[the]][[purpose]][[supported]][[by]][[the]][[investments.]] .

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).

The Bridge Renewal Trust year ended 31 March 2024 Notes to the financial statements (continued)

As restated DEBTORS: 2024 2023 £ £ Trade 297,032 102,054 Accrued income 58,561 9,337 Other debtors - 4,954 Prepayments 1,184 1,918 52,232 26,865 409,009 145,128 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 £ £ Trade 238,725 54,452 Social security and other taxes 33,358 28,522 Pensions 12,323 - VAT 5,418 6,304 Accruals 70,218 57,544 Rent and service charge in advance - 93,789 Deferred grants and contract income 161,070 138,537 Other 2,385 2,195 523,497 381,343

14 DEBTORS:

15 CREDITORS:

Deferred income comprises grants and other income received for services which have not been delivered as at 31.03.2024 or which specifically relate to the next financial year.

MOVEMENT IN DEFERRED INCOME: 2024 2023 £ £ Balance as at 1 April 138,537 134,150 Amount released to income (138,537) (134,150) Amount deferred in the year 161,070 138,537 Balance as at 31 March 2024 161,070 138,537

The Bridge Renewal Trust year ended 31 March 2024 Notes to the financial statements (continued) MOVEMENT IN FUNDS 16 RESTRICTED FUNDS Openingfunds Income Expenditure Transfers/gains Closingfunds £ £ £ £ £ MIND IN HARINGEY - 58,650 (58,650) - - THE BIG LOTTERY FUND - 121,663 (121,663) - - LINKLATERS 11,141 20,000 (31,141) - - THE CITY BRIDGE FOUNDATION STRATEGIC GRANT/CORE - 114,100 (117,817) - (3,717) LOCALITY - 10,000 (10,000) - - MAYOR'S OFFICE FOR POLICING AND CRIME 5,334 19,055 (24,389) - - THE CITY BRIDGE FOUNDATION - CORNERSTONE 30,892 89,656 (117,000) - 3,548 ABC PARENTS CRAFT PROJECT (NORTH MIDDLESEX NHS TRUST) 3,850 160,930 (174,978) - (10,198) THRIVE HARINGEY - ARTS COUNCIL 6,698 - - - 6,698 HARINGEY GIVING GENERAL DONATIONS 10,764 15,727 (26,491) - - EQUAL START PROJECT 19,204 - - - 19,204 SPORT ENGLAND - 7,605 - - 7,605 HARINGEY COUNCIL HARINGEY GIVING CONTRIBUTION - 5,000 (5,000) - - HARINGEY COUNCIL INNOVATION FUND - 49,045 (49,045) - - HARINGHARING ~~EY~~ EY COUNCILCOUNCIL- FOODNETWORK Special EducationalCO-ORDINATORNeeds& Disabilities 15,68773,20447,946 (90,853)(47,946) -- (1,962)ROYALFREE CHARITY - 17,394 (17,394) - - THE CITY BRIDGE FOUNDATION - YOUTH ECHO 268,350 - (268,350) - - NCLICB RESEARCH ENGAGEMENT NETWORK (REN) ~~42,500 : (42,500) : :~~ 414,420 809,975 (1,203,216) - 21,179 1. MIND IN HARINGEY funded the costs of the Wellbeing Project Manager and contributed to overheads- fully spent 2. The COMMUNITY FUNDS grant is the finalof the 3 year funding of the (HEALTH@THEHUT)project - fully spent 3. The LINKLATERS funding is ongoing core and grant funding of the Haringey Giving Project's activities -unspend carried forward 4. The City Bridge Foundation strategic grant was to fund the salary of the Haringey Giving Project's Director and contribute to overheads- fully spent 5. LOCALITY grant specically 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 grantis to reduce crime and disorder andimprove police service across Haringey the fund was fully distribiuted during the 2023/24 financial year. 7. The City Bridge Foundation Cornerstone grant was to work with other London Giving organisations and led by the Haringey Giving Project - underspend carrired forward 8. ABC PARENTCRAFT project is being funded by North Middlesex University Hospital NHS Trust working parents and familiesongoing 9.THRIVE HARINGEY Arts Council of England's funding was to fund health and wellbeing arts activities in Haringey and are ongoing 10. Haringey Giving Project's general public appeal during the year with funds directly received into the bank through The Stripe UK Ltd portal 11.The Equal Start grants were specifically to provide whole system support for disadvantaged pupils and families from Lea Valley School Tottenham. 12. Sport England fund was tennis coaching sessions and is ongoing 14.Haringey Council's Special Educational Needs & Disabilities (SEND) grantoverspends carried into first years fund in general reserves. 14. Haringey Council Food Network grant funded the salary and on costs of the Co-ordinator- funds used up 15. Haringey Council's Innovation Fund was specifically managed by the Haringey Giving Project for families in Haringey and fully spent

----- Start of picture text -----
16. The Royal Free Charity grant was for tackling Covid-linked inequalities in North Central London- fully expended.
----- End of picture text -----

The Bridge Renewal Trust year ended 31 March 2023 Notes to the financial statements (continued) 17 RESTRICTED FUNDS 31st March 2023 Openingfunds Income Expenditure Transfers/gains Closingfunds £ £ £ £ £ MIND IN HARINGEY - 58,650 (58,650) - - THE BIG LOTTERY FUND - 99,608 (99,608) - - LINKLATERS 19,250 20,000 (28,109) - 11,141 THE CITY BRIDGE TRUST - 101,600 (101,600) - - LOCALITY - 10,000 (10,000) - - MAYOR'S OFFICE FOR POLICING AND CRIME 8,620 19,055 (22,341) - 5,334 CITY BRIDGE TRUST- CORNERSTONE 6,417 40,446 (15,971) - 30,892 ABC PARENTS CRAFT PROJECT 30,998 163,667 (190,815) - 3,850 THRIVE HARINGEY - ARTS COUNCIL 45,110 5,000 (43,412) - 6,698 ROBERT& EVELYN LYONS CHAR TRUSTHARINGEY GIVING 1,000 (1,000) - - TH DM NORTH ISLAND LTD - HARINGEY GIVING - 1,303 (1,303) - - CHARITY AID FOUNDATIONN- HARINGEY GIVING - 600 (600) - - HOLLIS GLOBAL LTD-HARINGEY GIVING - 500 (500) - - CHARITABLE GIVING - HARINGEY GIVING - 905 (905) - - HARINGEY GIVING GENERAL DONATIONS 35,291 31,603 (56,130) - 10,764 EQUAL START PROJECT 19,204 - - - 19,204 HARINGEY COUNCIL LINK WORKER PROJECT - 30,000 (30,000) - - HARINGHARING ~~EY~~ EY COUNCILCOUNCIL-FOODNETWORK Special EducationalCO-ORDINATOR Needs& Disabilities -- 50,74777,379 (61,692)(50,747) -- 15,687ROYAL FREE CHARITY - 34,788 (34,788) - - 164,890 746,851 (808,171) - 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 grantis to reduce crime and disorder and improve police service across Haringey any undistributed amount is carried forward in the accountsinto 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 carrired forward 8. ABC PARENTCRAFT project is being funded by North Middlesex University Hospital NHS Trust working parents and families-ongoing 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 wasin response to Haringey Giving Project's specific appeal - fully disburded 14. Charitable Giving funding was in support of Haringey Giving Project's activitiesfully spent 15. 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'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 grantinderspent carried forward 19. Haringey Council Food Network grant funded the salary and oncosts of the Co-ordinator- funds used up 20. The Royal Free Charity grant was for tackling Covid-linked inequalities in North Central London - fully expended.

----- Start of picture text -----
The Bridge Renewal Trust
year ended 31 March 2024
Notes to the financial statements (continued)
18 SUMMARY OF FUNDS
Opening Income Expenditure Transfers/gains Closing funds
funds
£ £ £ £ £
Restricted funds 103,570 1,120,825 (1,203,216) - 21,179
Designated Assets Fund 3,027,013 - - (32,104) 2,994,909
Unrestricted funds 825,504 2,221,799 (2,045,599) 32,104 1,033,808
3,956,087 3,342,624 (3,248,815) - 4,049,896
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 2023
a)peningfundsji Income Expenditure Transfers/gains. Closing funds
£ £ £ £ £
Restricted funds 164,890 746,851 (808,171) - 103,570
Designated Assets Fund 3,039,748 - - (12,735) 3,027,013
Unrestricted funds 663,502 2,153,053 (1,931,280) 12,735 898,010
3,868,140 2,899,904 (2,739,451) 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.
20 Analysis of net assets between funds as at 31 March 2024
Unrestricted Restricted Designated Total Funds
funds Funds Funds
£ £ £ £
Tangible fixed assets - - 654,909 654,909
Investments 96,652 - - 96,652
Programme related investments - - 2,340,000 2,340,000
Current assets 1,460,653 21,179 - 1,481,832
Current liabilities (523,497) - - (523,497)
1,033,808 21,179 2,994,909 4,049,896
21 Analysis of net assets between funds as at 31 March 2023
Unrestricted Restricted Designated Total Funds
funds Funds Funds
£ £ £ £
Tangible fixed assets - - 687,013 687,013
Investments - - - -
Programme related investments - - 2,340,000 2,340,000
Current assets 1,279,353 103,570 - 1,382,923
Current liabilities (381,343) - - (381,343)
898,010 103,570 3,027,013 4,028,593
22 PRIOR YEAR ADJUSTMENT
North Middlesex (ABC Project) irrecoverable debt of £72,506 was used to reduce restricted funds on 22/23 financial year but
was not removed from debtors of that year. Debtors will therefore need to be reduced and and unrestricted funds debited.
2022/23 Balances Restated
Debtors £ Unrestricted reserves £
31/03/23 217,634 898,010
North Middlesex (72,506) (72,506)
Adjusted 145,128 825,504
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 2024
31 March 2023: (none)
25 COMMITMENTS 2024
Total commitments remaining on operating lease rentals:
Photocopiers and Telephone Systems
£
- Within 1 year - lease 38,320
----- End of picture text -----

2024 2023 £ £ 38,320 38,520 14,370 77,040

Between 2 and 5[years][lease]

OpenCharities

2024-03-31-accounts

e The Community Hut: The site of

Healthier and stronger communities