**REGISTERED CHARITY NUMBER: 1153543**
## **REPORT OF THE TRUSTEES AND**
**UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **FOR**
## **ENGLISH BRIDGE EDUCATION AND DEVELOPMENT**
Beacons Chartered Accountants
30 High Street Wendover Buckinghamshire HP22 6EA
**ENGLISH BRIDGE EDUCATION AND DEVELOPMENT**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|3|
|**Independent Examiner's Report**||4||
|**Statement of Financial Activities**||5||
|**Balance Sheet**||6||
|**Notes to the Financial Statements**|7|to|14|
|**Detailed Statement of Financial Activities**|15|to|16|
**ENGLISH BRIDGE EDUCATION AND DEVELOPMENT**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025**
The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The main objectives of the charity are :
1) the advancement of amateur sport by promoting the game of duplicate bridge for the public benefit.
- 2) the advancement of the education of young persons in full time education in the playing of duplicate bridge.
In support of Object (1) the charity has :
- sought to promote and develop bridge as a social and community activity with particular health benefits in maintaining effective brain function and providing opportunities to foster friendships and community spirit. - trained bridge teachers.
- provided a set of teaching resources to support bridge teachers in the delivery of bridge lessons.
- produced and sold books and educational materials for bridge players.
- trained tournament directors to manage bridge sessions at clubs.
In support of Object (2) the charity has :
- publicised the educational merits of duplicate bridge as an activity for the development of young people.
- promoted the encouragement of young bridge players within the English Bridge Union Limited, County Associations and Bridge Clubs.
- organised an online competition for schools.
- held a residential activity weekend for young bridge players to receive formal bridge tuition.
## **Grantmaking**
The Trustees have an approved policy for grant making which is publicised on the Charity's website.
## **ACHIEVEMENTS AND PERFORMANCE**
The main achievements of the Charity during the year were :
- Beating budget on Trading activities.
- Making significant progress on projects, including:
- improving the day-to-day operations of the Charity in improve service quality and improve governance;
- increased the face to face delivery of training for bridge teachers and tournament directors;
- launching a new online portal to provide bridge teachers with access to materials and lesson resources;
- selling higher than expected training courses and books;
- maintaining competitions for young people in full time education, the Grand Prix and inter Schools League;
- launching a new monthly youth bridge platform, "the generation game";
- continuing work on developing the national youth strategy.
- During the year the Charity made the following grants:
|University of Sterling|£250|
|---|---|
|Durham University|£300|
|Bristol University|£ 86|
- During the year then Charity donated the proceeds of the Autumn Sim Pairs which amounted to £10,378, to Cancer Research.
Page 1
**ENGLISH BRIDGE EDUCATION AND DEVELOPMENT**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025**
## **FINANCIAL REVIEW**
## **Principal funding sources**
The Charity raised funds from :
1. Surplus on primary purpose trading.
2. Fundraising - two national events (Autumn and Spring Simultaneous Pairs).
3. Donations and legacies
4. Income from investments
All expenditure has been spent on furthering the main objectives of the Charity. In making decisions about expenditure, the Trustees have had regard to the Charity Commission's guidance on Public Benefit.
All funds not invested are held either at banks or immediately available money market accounts.
## **Reserves policy and subsequent events**
The reserves as at March 2025 stood at £872,657. The charity received a further £100,000 during the year from the same generous legacy.
EBED faces some financial pressure in the future from the loss of its annual donation from the English Bridge Union Limited, and the trend towards digitalisation reducing future book sales and income from training teachers. The Trustees are actively looking for other sources of income to replace this. These include greater encouragement of donations and legacies and using the income from investments.
EBED has therefore adopted the following reserves policy:
- Keep nine months' (minimised) expenditure as working capital
- Keep a contingency buffer of three months' (minimised) expenditure
- Set aside a fixed sum, currently £150,000, for projects in the process of identification over the next three years
- Invest the balance to generate income to help maintain essential services.
## **Funds in deficit**
There are no funds in deficit at the Balance Sheet date.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a constitution, and constitutes as a charitable incorporated organisation (CIO).
## **Recruitment and appointment of new trustees**
Three of the Trustees were appointed by the English Bridge Union Limited and one selected by the Trustees of English Bridge Education and Development. It is the intention to select more Trustees.
## **Related parties**
The charity has a close working relationship with the National Body for duplicate bridge in England - The English Bridge Union Limited. The English Bridge Union Limited makes significant charitable donations to the charity the details of which can be found in Note 20 to these financial statements.
The charity periodically pays certain trustees for teaching services as set out in Note 10 to these financial statements. The rates paid are in accordance with standard rates paid to third parties.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number**
1153543
Page 2
**ENGLISH BRIDGE EDUCATION AND DEVELOPMENT**
## **REPORT OF THE TRUSTEES**
## **FOR THE YEAR ENDED 31 MARCH 2025**
## **Principal address**
Broadfields Bicester Road Aylesbury Buckinghamshire HP19 8AZ
## **Trustees**
I Sidgwick P Gibbons (resigned 23.5.24) A Smith (resigned 27.5.25) T Cherrett (appointed 7.5.24) W Bourne (appointed 23.5.24)
## **Independent Examiner**
Anthony Parks ACA Beacons Chartered Accountants 30 High Street Wendover Buckinghamshire HP22 6EA
Approved by order of the board of trustees on 25 November 2025 and signed on its behalf by:
W Bourne - Trustee
Page 3
**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ENGLISH BRIDGE EDUCATION AND DEVELOPMENT**
## **Independent examiner's report to the trustees of English Bridge Education and Development**
I report to the charity trustees on my examination of the accounts of English Bridge Education and Development (the Trust) for the year ended 31 March 2025.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
## **Independent examiner's statement**
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Anthony Parks ACA The Institute of Chartered Accountants in England and Wales
Beacons Chartered Accountants 30 High Street Wendover Buckinghamshire HP22 6EA
25 November 2025
Page 4
**ENGLISH BRIDGE EDUCATION AND DEVELOPMENT**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025**
|Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
128,725
**Charitable activities**
5
Junior Events
15,905
Teacher training and EBTA
35,330
Provision of training materials
79,838
T D Training
41,548
Other trading activities
3
28,672
Investment income
4
29,452
Other income
-
**Total**
359,470
**EXPENDITURE ON**
Raising funds
6
4,063
**Charitable activities**
7
Junior Events
27,129
Teacher training and EBTA
46,212
Provision of training materials
26,383
T D Training
32,347
Youth
69,597
Minibridge
-
General charitable expenditure
57,362
Donations
10,378
Bridge For Youth
-
E-Learning
6,230
Youth Bridge Grand Prix
148
**Total**
279,849
Net gains on investments
10,579
**NET INCOME/(EXPENDITURE)**
90,200
**RECONCILIATION OF FUNDS**
Total funds brought forward
771,611
**TOTAL FUNDS CARRIED FORWARD**
861,811|Restricted
funds
£
-
-
-
-
-
-
-
-
-
-
1,717
-
-
-
899
1,388
-
-
-
-
-
4,004
-
(4,004)
14,850
10,846|31.3.25
Total
funds
£
128,725
15,905
35,330
79,838
41,548
28,672
29,452
-
359,470
4,063
28,846
46,212
26,383
32,347
70,496
1,388
57,362
10,378
-
6,230
148
283,853
10,579
86,196
786,461
872,657|31.3.24
Total
funds
£
563,420
11,440
42,645
82,006
39,213
19,680
5,728
125|
|---|---|---|---|
||||764,257|
||||2,943
15,544
53,323
31,001
35,916
22,744
2,293
41,911
-
1,185
9,819
246|
||||216,925|
||||-|
||||547,332
239,129|
||||786,461|
The notes form part of these financial statements
Page 5
## **ENGLISH BRIDGE EDUCATION AND DEVELOPMENT**
## **BALANCE SHEET**
## **31 MARCH 2025**
|Notes
**FIXED ASSETS**
Tangible assets
13
Investments
14
**CURRENT ASSETS**
Stocks
15
Debtors
16
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
17
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
18
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Unrestricted
fund
£
636
682,658
683,294
17,413
15,463
167,814
200,690
(22,173)
178,517
861,811
861,811|Restricted
funds
£
-
-
-
-
-
10,846
10,846
-
10,846
10,846
10,846|31.3.25
Total
funds
£
636
682,658
683,294
17,413
15,463
178,660
211,536
(22,173)
189,363
872,657
872,657
861,811
10,846
872,657|31.3.24
Total
funds
£
-
550,000
550,000
20,904
7,557
228,228
256,689
(20,228)
236,461
786,461
786,461
771,611
14,850
786,461|
|---|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 25 November 2025 and were signed on its behalf by:
I Sidgwick - Trustee
W Bourne - Trustee
The notes form part of these financial statements
Page 6
**ENGLISH BRIDGE EDUCATION AND DEVELOPMENT**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
## **Allocation and apportionment of costs**
Direct costs
All direct costs are allocated to the activity or project to which they relate.
Staff costs
Staff costs identified as relating to an activity or project, they are allocated accordingly.
## General support costs
Support costs are allocated to activities or projects on the basis of their usage of office, storage space and equipment.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
## **Stocks**
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
continued...
Page 7
**ENGLISH BRIDGE EDUCATION AND DEVELOPMENT**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025**
## **1. ACCOUNTING POLICIES - continued**
## **Pension costs**
The charity contributes, as employer, to staff pension schemes in accordance with the auto enrolment legislation.
## **2. DONATIONS AND LEGACIES**
|Donations
Legacies
**3.**
**OTHER TRADING ACTIVITIES**
Fundraising events
E-Learning income
**4.**
**INVESTMENT INCOME**
Interest and dividends|31.3.25
£
18,725
110,000
128,725
31.3.25
£
15,222
13,450
28,672
31.3.25
£
29,452|31.3.24
£
38,420
525,000|
|---|---|---|
|||563,420|
|||31.3.24
£
9,337
10,343
19,680
31.3.24
£
5,728|
## **5. INCOME FROM CHARITABLE ACTIVITIES**
Income arising from charitable activities is analysed in the Statement of Financial Activities.
## **6. RAISING FUNDS**
## **Other trading activities**
|**Other trading activities**|||
|---|---|---|
||31.3.25|31.3.24|
||£|£|
|Sim Pairs costs|3,051|2,943|
|**Investment management costs**|||
||31.3.25|31.3.24|
||£|£|
|Portfolio management|1,012|-|
|Aggregate amounts|4,063|2,943|
continued...
Page 8
**ENGLISH BRIDGE EDUCATION AND DEVELOPMENT**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025**
## **7. CHARITABLE ACTIVITIES COSTS**
||Direct
Costs|Staff Costs|Allocated
Costs|Governance
Costs|Total|
|---|---|---|---|---|---|
||£|£|£|£|£|
|||||||
|Junior Events|28,846|0|0|0|28,846|
|Teacher training and EBTA|6,089|35,023|5,100|0|46,212|
|Provision of training materials|10,846|13,637|1,900|0|26,383|
|TD Training|14,277|15,670|2,400|0|32,347|
|Youth|41,272|25,124|4,100|0|70,496|
|Minibridge|1,388|0|0|0|1,388|
|General charitable activities|8,831|33,070|4,200|11,261|57,362|
|Donations|10,378|0|0|0|10,378|
|E-Learning|2,408|3,322|500|0|6,230|
|Youth Bridge Grand Prix|148|0|0|0|148|
|||||||
|||||||
||124,483|125,846|18,200|11,261|279,790|
|||||||
## **8. GRANTS PAYABLE**
|**GRANTS PAYABLE**|||
|---|---|---|
||31.3.25|31.3.24|
||£|£|
|Youth|636|-|
|Minibridge|-|2,000|
|General charitable expenditure|-|3,414|
||636|5,414|
|The total grants paid to institutions during the year was as follows:|||
||31.3.25|31.3.24|
||£|£|
|Youth Grants|636|2,864|
|General grants|-|550|
|Minibridge grants|-|2,000|
||636|5,414|
## **9. SUPPORT COSTS**
|**SUPPORT COSTS**|||
|---|---|---|
|General charitable expenditure
E-Learning|Governance
Finance
costs
£
£
43
11,261
102
-
145
11,261|Totals
£
11,304
102|
|||11,406|
continued...
Page 9
**ENGLISH BRIDGE EDUCATION AND DEVELOPMENT**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025**
## **9. SUPPORT COSTS - continued**
Support costs, included in the above, are as follows:
|Support costs, included in the above, are as|follows:||||
|---|---|---|---|---|
||||31.3.25|31.3.24|
||General||||
||charitable||Total|Total|
||expenditure|E-Learning|activities|activities|
||£|£|£|£|
|Stripe/CAF charges|43|102|145|49|
|Accountancy and professional fees|11,261|-|11,261|6,260|
||11,304|102|11,406|6,309|
## **10. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.
## **Trustees' expenses**
The trustees were reimbursed expenses for the year ended 31 March 2025 amounting to £841 in total (2024: £39).
## **11. STAFF COSTS**
The average monthly number of employees during the year was as follows:
|Administrative staff
No employees received emoluments in excess of £60,000.
**12.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
fund
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
562,475
**Charitable activities**
Junior Events
11,440
Teacher training and EBTA
42,645
Provision of training materials
82,006
T D Training
39,213
Other trading activities
19,680
Investment income
5,728
Other income
125
**Total**
763,312
**EXPENDITURE ON**
Raising funds
2,943
**Charitable activities**
Junior Events
14,582|31.3.25
4
Restricted
funds
£
945
-
-
-
-
-
-
-
945
-
962|31.3.24
4
Total
funds
£
563,420
11,440
42,645
82,006
39,213
19,680
5,728
125|
|---|---|---|
|||764,257|
|||2,943
15,544|
continued...
Page 10
**ENGLISH BRIDGE EDUCATION AND DEVELOPMENT**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025**
## **12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**
|Unrestricted
fund
£
Teacher training and EBTA
53,323
Provision of training materials
31,001
T D Training
35,916
Youth
21,140
Minibridge
-
General charitable expenditure
41,497
Bridge For Youth
806
E-Learning
9,819
Youth Bridge Grand Prix
246
**Total**
211,273
**NET INCOME/(EXPENDITURE)**
552,039
**RECONCILIATION OF FUNDS**
Total funds brought forward
219,572
**TOTAL FUNDS CARRIED FORWARD**
771,611
**13.**
**TANGIBLE FIXED ASSETS**
**COST**
Additions
**DEPRECIATION**
Charge for year
**NET BOOK VALUE**
At 31 March 2025
At 31 March 2024
**14.**
**FIXED ASSET INVESTMENTS**
**MARKET VALUE**
At 1 April 2024
Additions
At 31 March 2025
**NET BOOK VALUE**
At 31 March 2025
At 31 March 2024|Restricted
Total
funds
funds
£
£
-
53,323
-
31,001
-
35,916
1,604
22,744
2,293
2,293
414
41,911
379
1,185
-
9,819
-
246
5,652
216,925
(4,707)
547,332
19,557
239,129
14,850
786,461
Computer
equipment
£
795
159
636
-
Listed
investments
£
550,000
132,658
682,658
682,658
550,000|Total
funds
£
53,323
31,001
35,916
22,744
2,293
41,911
1,185
9,819
246|
|---|---|---|
|||216,925|
|||547,332
239,129|
|||786,461|
continued...
Page 11
**ENGLISH BRIDGE EDUCATION AND DEVELOPMENT**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025**
## **14. FIXED ASSET INVESTMENTS - continued**
Global funds within investments were valued at £134,801 at 31 March 2925.
|**15.**
**STOCKS**
Stocks
**16.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other debtors
Prepayments and accrued income
**17.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
Other creditors
**18.**
**MOVEMENT IN FUNDS**
At 1.4.24
£
**Unrestricted funds**
General fund
771,611
**Restricted funds**
Minibridge
5,095
Youth
6,626
Youth Hardship
586
Youth Schools Bridge
2,543
14,850
**TOTAL FUNDS**
786,461|31.3.25
£
17,413
31.3.25
£
-
15,463
15,463
31.3.25
£
3,232
18,941
22,173
Net
movement
in funds
£
90,200
(1,387)
(1,744)
(586)
(287)
(4,004)
86,196|31.3.24
£
20,904
31.3.24
£
3,492
4,065
7,557
31.3.24
£
947
19,281
20,228
At
31.3.25
£
861,811
3,708
4,882
-
2,256|
|---|---|---|
|||10,846|
|||872,657|
continued...
Page 12
**ENGLISH BRIDGE EDUCATION AND DEVELOPMENT**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025**
## **18. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Minibridge
Youth
Youth Hardship
Youth Schools Bridge
**TOTAL FUNDS**|Incoming
resources
£
359,470
-
-
-
-
-
359,470|Resources
expended
£
(279,849)
(1,387)
(1,744)
(586)
(287)
(4,004)
(283,853)|Gains and
Movement
losses
in funds
£
£
10,579
90,200
-
(1,387)
-
(1,744)
-
(586)
-
(287)
-
(4,004)
10,579
86,196|Gains and
Movement
losses
in funds
£
£
10,579
90,200
-
(1,387)
-
(1,744)
-
(586)
-
(287)
-
(4,004)
10,579
86,196|
|---|---|---|---|---|
|||||(4,004)|
|||||86,196|
## **Comparatives for movement in funds**
|**Unrestricted funds**
General fund
**Restricted funds**
Minibridge
Youth
Bridge For Youth
Youth Hardship
Youth Schools Bridge
**TOTAL FUNDS**|At 1.4.23
£
219,572
7,389
7,283
379
1,000
3,506
19,557
239,129|Net
movement
in funds
£
552,039
(2,294)
(657)
(379)
(414)
(963)
(4,707)
547,332|At
31.3.24
£
771,611
5,095
6,626
-
586
2,543|
|---|---|---|---|
||||14,850|
||||786,461|
continued...
Page 13
**ENGLISH BRIDGE EDUCATION AND DEVELOPMENT**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025**
## **18. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Minibridge
Youth
Bridge For Youth
Youth Hardship
Youth Schools Bridge
**TOTAL FUNDS**|Incoming
resources
£
763,312
(1)
947
-
-
(1)
945
764,257|Resources
Movement
expended
in funds
£
£
(211,273)
552,039
(2,293)
(2,294)
(1,604)
(657)
(379)
(379)
(414)
(414)
(962)
(963)
(5,652)
(4,707)
(216,925)
547,332|
|---|---|---|
The Minibridge funds are to be used for the teaching of Minibridge in schools in England.
The Youth funds are to be used for the education of young persons in full time education in the playing of duplicate bridge.
The Youth Hardship fund provides support to young people accessing bridge.
The Youth Schools Bridge fund is to be used to support bridge in Schools.
## **19. RELATED PARTY DISCLOSURES**
The charity received £5,202 (2024: £5,895) from The English Bridge Union Limited to cover the cost of discounts provided by the charity to its members. In addition the Charity received free advertising space in that company's publication 'English Bridge' with an estimated market value of £8,779 (2024: £7,420). The charity also benefitted from financial support to assist with staff costs in the amount of £5,961 (2024: £5,507).
No Trustees received fees for services during the year (2024: Nil).
Page 14
**ENGLISH BRIDGE EDUCATION AND DEVELOPMENT**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025**
|**DETAILED STATEMENT OF FINANCIAL ACTIVITIES**
**FOR THE YEAR ENDED 31 MARCH 2025**|||
|---|---|---|
||31.3.25|31.3.24|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Donations|18,725|38,420|
|Legacies|110,000|525,000|
||128,725|563,420|
|**Other trading activities**|||
|Fundraising events|15,222|9,337|
|E-Learning income|13,450|10,343|
||28,672|19,680|
|**Investment income**|||
|Interest and dividends|29,452|5,728|
|**Charitable activities**|||
|Training|35,330|42,645|
|Primary purpose trading|79,838|82,006|
|T D Training|41,548|39,213|
|Junior Events|15,905|11,440|
||172,621|175,304|
|**Other income**|||
|Other Income|-|125|
|**Total incoming resources**|359,470|764,257|
|**EXPENDITURE**|||
|**Other trading activities**|||
|Sim Pairs costs|3,051|2,943|
|**Investment management costs**|||
|Portfolio management|1,012|-|
|**Charitable activities**|||
|Wages|122,312|91,072|
|Pensions|3,533|2,320|
|Insurance|1,167|-|
|Postage and stationery|739|691|
|Sundries|2,390|814|
|Meetings|3,298|506|
|Course costs|34,204|23,943|
|Office costs|18,142|13,289|
|Software development|2,145|-|
|Training costs|14,994|14,180|
|Carried forward|202,924|146,815|
This page does not form part of the statutory financial statements
Page 15
**ENGLISH BRIDGE EDUCATION AND DEVELOPMENT**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025**
|**DETAILED STATEMENT OF FINANCIAL ACTIVITIES**
**FOR THE YEAR ENDED 31 MARCH 2025**|||
|---|---|---|
||31.3.25|31.3.24|
||£|£|
|**Charitable activities**|||
|Brought forward|202,924|146,815|
|Donations paid|10,378|60|
|General cost of sales|10,902|12,833|
|Consultancy fees|41,168|14,781|
|Domain names|1,016|711|
|Subscriptions|-|83|
|Bank charges|-|25|
|Portfolio management fees|-|90|
|Schools promotions|1,068|585|
|EBTA costs|-|26,276|
|Promotional materials|292|-|
|Grants to institutions|636|5,414|
||268,384|207,673|
|**Support costs**|||
|**Finance**|||
|Stripe/CAF charges|145|49|
|**Governance costs**|||
|Accountancy and professional fees|11,261|6,260|
|Total resources expended|283,853|216,925|
|**Net income**|75,617|547,332|
This page does not form part of the statutory financial statements
Page 16