THE BRIDGE CHURCH, ST IVES TRUSTEES ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 The Bridg¢ Church St Ive5 Page.. THE BRIDGE CHURCH, ST IVES. INDEX TO THE TRUSTEES ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 Page number Inforniation Trustee's Annual Report io-i i Independent Examiner's Report 12 Statement of Financial Activities 13 Balance Sheet 14-23 Notes to th¢ Financial Statements The Bridge Church St Ives Page: Trustees, Annual Report for the period End date . The BrKlge Fro SLth date 2024 To 03 2025 Section A Reference and administration details Charity name The Bridge Church St Iv¢s Other names charity is l(nown by The Bridge Church Registered charity number 1161958 Charlty's principal address 2 Burrel Road St Ives Cambridgeshire Postcode PE27 3LE Names of the charity trustees who manage the charity of ptrson lor body) entitled to Appoillt irustee {if Dv Trustee name Offire {If ony) Dates acted if ttot for whole year Conrad Roper Esther Adusei Malcolm Ellis Leslie Howard Elder Resigned 22 Nov 24 Matt Paul Appointed 06 Feb 25 Lizzie Rogers Christine Wetherill Names of the trustees for the charity, if glly* (for example, any custodian trustees) Name Dates acted if not for whole ear The Bridge Church St Ives Page: Section B Structure, oTr'ernance and mana ement Description of the eharity's trusts Type of governing document (SORP Para.1.25) How the charity is constituted (SORP Para .1.25) Trustee selection methods (SORP Para.1.25) Constitution Charitable Incorporated Organisation (CIO) Appointed by church leaders Additfional governance issues The charity's organisational structure and any wider network with which the charity The Bridge Church is part of Relational Mission. Relational Mission is a growing family of churches from different countries which is also part of Newfrontiers, a group of apostolic leaders. together with their teams and churches, uniied on global mission and by core values and genuine relationships. Newfrontiers represents a worldwide network of churches across many nations. Relational Mission churches are predominantly in the UK and mainland Europe. Trustees, Consideration of major risks and the system and procedures to manage them. (SORP Para.1.51) Property risks ar¢ covered by insurance and safeguarding risks are covered by reco￿lsed guidelines. The Bridge Church St Ives Page.. Section C Ob ectives and activities To advance Ihe Christian faith in the county of Cambridgeshire and in such other parts of the UK or the world as th¢ ¢harity trustees may from time to time think fit. and Summary of the purposes of the Charity as set out in its governing documenl (SORP Para.1.17) To relieve persons who are in conditions of need OT hardship OT who are sick and to relieve the distress caused thereby in Ihc said location and in such other parts ot the UK or the world as the charity trustees may from time-to-time think fil. As a part of our direct service lo the community we continue to operate.. A CMA affiliated Money Advtce Centre A Counselling Centre which is an organisational mernber of the British Association for Counselling and Psychotherapy (closed Aug 2024). A weekly youth group A weekly Baby and Toddlers group A craft club Summary of the maln activities in relation to those purposes for the public b¢nefiL in particular. the activitiesy projects or services identified ID the accounts. {SORPPara.1.17& 1.19) All of these services are open to all in the community and are free lo use with the exception of general counselling which asks for donations to help fund the professional costs. We ask for a donation of £1.50 per family attending the Baby and Toddler Group. The trustees confirni they have complied with their duly to ensure the Charity has undertaken suitable works for the benefit of the public, as required by the Charity Commission. (include within this se¢tlon the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit) (SORP Para .1.18) The Bridge Church St Ives Page.. Additional details of objectives and activities Regarding grantmakin& The Bridge Church will consider applications that fall within its charitable purposes. Grants will be made based on the funding avatlable, solely on merit and where the due diligence process has not identified any unacceptable issues. The Bridge Church has paid multiple grants in ihe year as detailed at Note 13 to the accounls. The most Si￿1ficant were £20,218 supporttng missionary work in India, £17,749 for Relief Aid in Kenya and £12,000 to Relational Mission, which has the same general charitable objectives. Policy on grantmaking* Contribution made by volunteers. The Bridge Church receives significant voluntary support, estimated at a minimum of 645 hrs per month. This covers the following areas of activity.. (SORP Para .1.38) Children and youth work Leadership and pastoral care of small groups Counselling (to Aug 2024) Debt advice Worship Teaching Hospitality Administrative support The Bridge Church St Ives Page: Section D Achiei:ements and performance Premises. This year the charity completed the refiJrbi5hment of the downstairs toilets, which was commenced in 23124. Membershi has risen slightly from 177 and now stands at 185 people. The Alpha Course, which promotes the Christian faith was rLm once and we baptised 2 adults and 3 youth during the year. The Debt Advice C¢ntre continues to develop and has 6 advisors. The Counsellin Centre continued to run until Aug 2024, but after much consideration was closed as deemed unsustainable. Summ2rv of the main achievements of the charity, identifying the differenee the charlty's work has made to the circumstances of its beneficiaries and any wider benefits to society as 2 whole. (SORP Para .1.20) The dro -in is run weekly on Fri mornings, providing opportunity for members of the community to come have a coffee, chat or play games. outh team continues to be developed by our voluntary youth leader who has grown the volunteer youth team to include eight on Friday evenings and a team of six on Sundays. The children's work continues to be developed by a team of trained and DBS {Dis¢losure and Barring Service) checked volunteers, this team is overseen by a children's worker who is paid one day a week. Overseas mission continues largely through Edward and Fridah Buria who oversee the Newfrontiers churches in central Africa. Relationships have also been developed with church leaders including India and Poland. We continued our connection with the church in Pardubice, Czechia. assisling with a language course and mission. The Bridge Church St Ives Page: Section E Financial review Review of the eharity's rinancial position at the end of the period. (SORP Para.1.21) Total income was £282K, a £16K increase in unrestricted donations on the prior year. There was £57K of restricted giving, of which £38K was given for mission and relief aid in India and Kenya. Total expenditure was £244K. Of this £181 K was unrestricted with the principal outgoings continuing to be staff and premises; both remain key to facilitating delivery of the charity objectives. These costs were £15K h]￿er compared with the prior year. primarily due to increased spend on training. development, depreciation {new refurbishment) and one additional part time rnember of staff. Restricted expenditure was £63K. £7K lower Ihan the prior year, principally due to closure of the Counselling Centre servic¢ mid-year. In addition, £25K of expenditure on fixtures & fittings was capitalised relating to the toilet refurbishment. Total asset value included a further £3.4K from 23124. Statement explaining the policy for holding reserves Stating why they are held. Amount of reserves held. Reasons for holding zero reserves. The charity aims to hold in general reserve a balance of 2-3 months unrestricted operating costs (primarily for staff and premises costs). Current reserves are equivalent lo 5.7 months. Restricied funds are used to separate receipts, donations, gifts and grants given for their specific purposes. Ai the end of year there was £4,153 of receipts all relating to the Newday Youth Evenl. (SORP Para.1.22) Details of any funds materlally in defi¢it(SORP Para .1.24) None Explanation of any uncertainties about the charity continuing as a going eoneern (SORP Para .1.23) None Additional optional information The charity's principal sources of funds (including any fundraising) {SORP Para .1.47) A description of the principal risks fa¢ing the charity (SORP Para .1.46} Funds are received principally from church rnember donations, recovery of related Gift Aid and through grant applications. Safeguarding Accident prevention Lossldamage lo premises The Bridge Church St Ives Page: Section F Custodian responsibilities Description of the Ydsset$ held in this capacity None Name and objects of the charity on Ivhose behalf the assets #re held (relation to eustodian charity's objects) NIA Details of arrangements for safe custody 2nd segregation of such assets from the charity's own assets NIA Section G Exemptions from disclosure Reason for non-disclosure of key personnel details NIA Section H Declaration The trustees declare that they have approved the trustees, report above. Signed on behalf of the charity's trustees: Signature(s) Full name{s) Position (eg Secretary, Chair, etc) CONRAD ROPER CHAIR Date 0210112026 The Bridge Church St Ives Page: CHARITY COMMISSION FOR ENGLANO AND WALES Independent examiner's report on the accounts Independent Examiner's Report Report to the trustees On iceounts for the yexr ended The Bridge Church St Ives 3110312025 Charity no. 1161958 Set out on pages 12-23 I report to thc trustces on tny cxaminalion of the accounts of the above charity {"the TNSI") for the year endcd 3110312025. Responsibilities and basis of report As the charity's INstees, you are responsible for the preparation of the accounts in a¢cordance with the requirements of the Charities Act 2011 ("th¢ Act"). I report in respe¢t of my ¢xamination of th¢ Trust's accounts Carried out under seclton 145 of the 2011 Act and in carying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5){b) of the Act. Independent eximiner's statement The charity's gross income exceeded £250,(M)O and l am qualified lo undertake the examination by being a qualified member of C. I Iy A I have ¢ompleted my examination. I ¢onfirni that no material matters have come to my attention in connection w2th the 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. Signed: Name: ). Date: /1 /rtLD IL1 L--S MALUP lthi?f6f&yD irfi Iruif I￿46 - V14knYatsi Relevant professiollil qualification{$) or body: Address: Pi/+R i The Bridge Church St Ives Page: l O Section B Disclosure Only complete ifthe examiner needs to highlight malerial matters ofconcern (see CC32. Independent examination of charity accounts.. directions and guidance for examiners). Give here brief details of sny items thal the examiner wishes to disclose. The Bridg¢ Church St Ives Page.. IHARITY COMMISSION FOR ENGLAND AND WALES Tho Brldg* Chureh SL Iv•s Charity No 1161958 Annual accounts for the 0110412024 eriod . The Bridge Period start Period end 3110312025 Church Section A Statement of financial activ ities Restrl¢tsd Unrestrlcted Income Endowment nds funds funds eornrnendtd eatègorfÈs by athvlty Prfor year funds Total funds Incoming re$our¢es (Note 31 F01 F02 F03 F04 FOS IncL¥ne arbj erbjcwments from.. )nat*Jns and *gac*s S01 221.005 3.030 18.615 239,621 3,030 225.563 2,175 $02 (Jher ty4dmy 8¢lpi¢*$ V•8tr•nls S03 1,228 1,235 37,967 1,012 32,346 37.967 Total Resources expended (Note 6) S07 225,263 56,590 281.853 261.095 ExpeTrJhure