REGISTEREO CHARITY NUMBER.. 1162144
REPORT OF THE TRUSTEES AND
UNAUOITED FINANCIALSTATEMENTS
FOR THE YEAR ENDED 31 JULY 2025
F(IR
THE BRIOGE GROUP
UHY Calvert Smith
Chartered Accountants
HeritaBe House
Murton Way
Osbaldwick
york
North Yorkshire
Y019 SUW

THE BRIDGE GROUP
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 1025
Page
Report ofthe Tru5ttes
Independtnt Examlnèr's Rtport
Statement of Flnantlal Artlvltles
Balan¢e Sheet
Notes to the Flnanclal Statements
10 to 15

THE BRIDGE GROUP
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 JULY 1025
The trusrees present their report with the financial statements of the charity For the year ended 31 July 2025. The
trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Pr3rtice
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the
UK and Republic of Ireland IFRS 1021 (effective l January 20191.
Objectives and Activities
The Bridge Group is an independent research charity prornotiThg socio-econornic inclusion through evidence. insight
and collaboration. We work with or8ani5ations across sectors. askin8 the right questions, uncoverin8 what work5, and
usin8 data-led recommendations to strengthen educational anij career outcomes.
Our vision is an education system and a labour market where background 15 no barrier - and everyone, wherever thev
started in life, ha5 the chance to reali5e their potential.
What defines the Bridge Group?
Experts In soclo.economl¢ Incluslon: Creatin8 impact is at the heart of everythin8 we do. From pioneerin8 research to
desi8nin8 practical solutions, we work with partners and polity makers to deliver change.
Trusted for robust. Independent Inslght.. Ovr evldence is rooted in rl8orous qvantitarive and oualliatlve research. We
inform the national conversaiion and support or8anisaiions in Findin8 and nurturin8 talent, re8ardless of background.
A strategk ¢onvenor and partner: We bring or8anisatioThs together and facilitate collaboration to break down barriers
to opportuniry. helping pariners iurn ambition iThio measurable progre55.
Our charitable objKts are as follows..
Carrying out, collating and tran51atinB re5earth. and di5seminatin8 the useful results into how to enable people to
achieve their lull academic potential and to prevent them Irom becoming di5en8aged with education and
lèarning,.
Providin8 adv¢xacyi advice and information to schools. colle8es, universities land other reco8nised places of
learning or trainin81. employers and polity makers to help to prevent people from becomin8 disen8a8ed with
education anil learnin8, and to promote equal access to hi8her education, and successful pro8ression',
Supporting people's capabTlilies. competencies. skills and understanding ro enable thern to achieve their full
academic potential io promote equal access to higher education. and successful progression.
The charitable objects above were agreed in September 2022 and will be reviewed in the summer of 2026 in light of
the Charity's fonward-looking strategy.
The trustees confirm that they have complied with their duty under section 4 of the Charities Act 2006 and have
referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing
The Bridge Group's aims and objective5 and in planning future activities. Con515tent with our charitable objects, our
work invariably focuses on the advancement of education and the relief of disadvantage. The trustees, definition of
'disadvantaged people" is con515tent with that 115ed by academic researchers, practitioner5. and a5 advised by
government bodies includin8the Officelor Stuijents.

THE BRIDGE GROUP
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 JULY 1025
More specifically. this includes..
Those from low socio-economic groups las identified through e.g. Narional Statistics Socio-Economic Classification
data and eligibility for free school mealsl..
Young people who live in areas of high deprivation where participation in education is significantly low identified
through IDACI, IMD, and POLAR3 indicatorsl.,
Looked-after youn8 people and tare leavers.
We collate, commission, undertake, and ènalyse relevant research to provide insi8hts and learnin8 on social rnobilityi
and to build the evidence base underpinnin8 policy desi8n and implementation. The trustees. definition of promotin8
social mobility" is used to capture the ran8e of attivities to further our charitable purposes. i.e. the relief of
disadvantaged people by developin8 iheir capabilities. competences. skills and understandin8 to enable them to
chieve their full potential.
Employing this analysis, we publish briefings and reporrs to influence policy and system-wide reform for the benefit of
those facing disadvantage. These ouipuis are invariably made publicly available and are sometimes published in
parrnership with other charitable or8anisations. In relaiion to ihis acriviiy. we have carefully Siudied ihe Charity
Cornmi5sion's guidance, research by Higher Education Institutions. and our understanding of thi5 is referenced in
greater detail in the local policies upheld by the charity to guide its work in this area.
To sUPPOrt this process, we host events le.g. policy seminars. research briefings
Primari￿ onlinel to promote
understanding about the key educational and workplace barriers affecting people from lower 50cio-economic
backgrounds. to help stakeholder5 understand their roles in furtherin8 our charitable objectives. and to acces5 a wide
r3nBe ol expertise. These events are open to all and the outputs from them are publicly shared via the website and
the e-new51etter. We maintain an informal network of professionals through which colleague5 share inforrnation.
experience and good practict rèlatin8 to our tharitablt objtrtives, and how they can most effectively collaborate to
reali5e thern.
We undertake non-party political artivities to promote awareness of the bafriers facin8 indtviduals from a lower socio-
economic background by speakin8 at £onferences and events, en8a8in8 Wlth the media, and responiJin8 to requests
for information, advite and 8uidance. In relation to this activity we have carefully studied the Charity Commission's
8uidance. Speakin8 Out, and our understandin8 of this is referenced in 8reater detail in the local policies upheld by the
charity to 8uide its work in this area.

THE BRIDGE GROUP
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 JULY 1025
Achlevements and perfomiance
Our research and policy work is undertaken independently and driven by guidance from the Charity Commission. Find
out more about our approach as a charity at http.-/lwww.thebridgegroup.org.uk.
Our key research themes are..
Learner progression from schrM)l and college to higher education
University and employer outreach with schools and colleges
Information, advice and guidance in schools and tolle8es, and for mature learners
The influence of Reo8raphy on access and Panicipation
University admissions practices
Equality of student outcomes in hi8her education
Being a commuter student
Being a mature student
The impact ol university careers servites in narrowin8 the 8ap in 8raduate outcomes
Employer practices lor attrallin8 and recruilin8 8raduates
Soclo-economlc incluslon in the workplace
The bu5ine5s case for greater inclusion with respett to socio*conomic background
Ernployer practice in attracting and hiring at all leve15
ProBre55ion, pay and perforrnance by socio-econornic background
Employer practice in socio-economic intlusion
The Bridge Group condurts all research in accordance with our Ethics policy. Data gathered ihrou8h our research is
managed and stored in accordance wilh our Information Security policy. The Brid8e Group has been awarded Cyber
Essentials and Cyber Esseniials Plus certification. Further information is available on our website.
Durin8 thls reportin8 period, the Charity undertook several excitin8 or8anisational developments..
After a successful ten-year tenure. co-founder Nik Miller left the Bridge Group as Chief Executive but continues to
work closely with the Charity as Fellow. Jenny Baskeryille joined as the Thew Chief Executive on 28 April 2025 alter
an 18-year career at KPMG in the UK.
In June 2025. The Bridge Group celebrated ten years since re8lStering as a Charity.
The anniversary wa5 rnarked through a stakeholder con5ult3tion, the I￿518ht5 of which fed into a strategy day with
staff and tru5tee5 In the Autumn and an anniversary report lauryched at an event at Slaughter and May in
Novernber 2025.
The Charity undertook a Skills Audit lor the Board of Trustees, which informed the appointment ol a Deputy
Chair, Lead trustees for specific areas ènd open recruitment for new trustees to join in 2026.
The Bridge Group became an accredited Living Wage employer. ensuring Ehe Charity's internal practices reflect
the values of fairness it advocates for e￿ernally.
A variety of research. evaluation and advisory projetts were completed. includiTh8 but not limited to..
Sector-wide research exploring 50CiO-economic ijiversity and inclusion in real estate and financial service5. In our
latest report lor Pro8re55 Together, we aDalyse(I data across 40 financial service5 firm5 representing over 210,000
ernployee5.' the lar8e5t dataset on clas5 and career5 in finance globallv.
Publishing 'Roadbl(Kks or Roadmaps. on behalf of The Brilliant Club. exploring the undergraduate Student
experience. We found that the first year of Study is crucial for building belonging and confidence in academic
studies, and that financial pressures have a negative impact on ly)th areas.

THE BRIDGE GROUP
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 JULY 1025
Continuing OLJr extensive work across the legal sector. including evaluating solicitor apprenticeships with City
Century. advising rhe Legal Services Regulatory Authority Ireland on introducing socio-economic background dat3
collection. analysing data for a leading law firm on attrition and undertaking the fieldwork for a collaborative
research project with eight law firms identifying effective practices in improving socio-econornic inclusion in the
legal sector.
Evaluating the mediurn to Ion8-term irnpact ol The Sutton Trust's Pathways to Bankin8 and Finance programme
and widening acce55 to the 5ector+ published in March 2026.
More broadly, we helped launch the new Social Mobility Alliance in Padiament with other leading social mobility
charities, and delivered presentations to a wide ran8e of or8anisations from the Department of Culture, Media &
Sport, Institute of Student Employers Student Conference. tojust Group and Morgan Stanley.
FINANCIAL REVIEW
Prlnclpal fvnding sources
The Charity's principal sources of funds in this period are Irom commissioned research, evaluation and advice. with
revenue received from..
Acces5 Accountancv
A&0 Shearrnan Sterling LLP
Archbishop'5 Council
Ashurst LLP
The Cablnet Office
City Centurv
CILEX Regulation
Clillord Chance
Departrnent for Culture, Media & Sport
Freshlields Bruckhaus Derin8ef LLP
Greater London Authority
Irish Legal Services Regulatory Authority
JLL Foundation
Just Group PIC
Keble College Oxford
KPMG LLP
Linklaters
Milbank LLP
Morgan Stanley
Norton Rose Fulbri8ht LLP
Ocean & Coastal Futures
Pro8ress Together
shepherd & Wedderburn
Slaughter & Mav
The Sutton Trust
Universities Superannuation Scherne (USSI

THE BRIDGE GROUP
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 JULY 1025
FINANCIAL REVIEW
Resetves poll
The rrustees, policy is to build up uThrese￿ed funds lo represent at least four mnths. running costs. planning for
adverse economic conditions and other potential threais. safeguarding the long-term future of the Charitv.
At 31 July 2025. the reserves of the Charity not attached to restricted or designated lunds. stood at £168.382.
Four month5, running costs for the Charity. including the payroll costs of staff delivering paid commissioned work,
were in the region of £144k net of VAT.
In 2025-26. the cost pressure on businesses and pjlitical and legal pres5ure5 surroundin8 Diver5itVi Equity and
Inclusion work presented fundin8 challenges lor the Charity. As the Charity develops its new 5trate8y for 2026
onwards, includin8 an expansion ol advi50ry services and the strengthenin8 of governance and in5i8ht5 throu8h
additional trustees, an Advisory Board and new Lead Partners, the CharitV'5 executive and tru5tee5 remain focused on
financial resilience and a re-set of its foundations for growth. The trustee5 have tonsidered all available inltsrmation at
the date of approving the account5 and consider that the charity 15 a goin8 con£em.
Funds In defi¢lt
There are no funds in deficit.
STRucfuRE. GOVERNANCE AND MANAGEMENT
Governlng document
Constltution
Charlty constltutlon
Charitable Incorporated Organisation
Rècruitment and appointment of new trustee5
Appointed by current Board members by nomination and majority vote, driven by the Charity's need5 Wlth respect to
experience and skills.
Dèclslon makln8
The trustees determine the 5trate8ic direction of the Charity and delegate responsibility for the day-to-day
rnana8ement and operations to the Chief Executive and the Senior team. The Board Meets on a quarterly basis to
review the Charity's performance, £on5ider reports frorn the Chief Executive. and to decide other rnatters ol policy.
Induction and trainin8 of new trusttes
New trustees under80 a thorou8h induction into the workings of the Charitv.
Rlsk management
The trustee5 have examined the rnajor strategic, business and operational risks which the Charity faces and confirm
that SV5tern5 have been established to enable re8ular reports to be produced so that the necessary steps can be taken
to lessen these risks.
REFERENCE AND ADMINISTRATIVE O￿AlL$
Registered Charlty number
1162144
Prlnclpal address
Clo University of London
Senate House
Malet Street
London
WCIE 7HU


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THE BRIDGE GROUP
STATEMENT OF FINANcIALA￿1VITlEs
FOR THE YEAR ENDED 31 JULY 1025
20ZS
Unrestrlcted
fund
2024
Total
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
1.005
Charitable activities
Research
432,943
465,318
Other income
Totsl
434,556
465,318
EXPENDITURE ON
Charitable activltle5
Research
433,119
359,027
NET INCOME
1,437
106,291
RECONCILIATION OF FLINDS
Total funds brought forward
166,945
60,654
TOTAL FUNDS CARRIED FORWARD
168,382
166,945
The notes forrn part of the5elinancial statements






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THE BRIDGE GROUP
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 1025
STATUTORY INFORMATIQN
The Bridge Group is a Charitable Incorporated Organisation lao). registered with the Charity Commission for
England and Wales and governed by its consiitution. Details of the charity's operations and principal activities
are given in the Trustees, Reporr.
ACCOUNTING POLICIES
3515 of preparing the financizl statements
The financial statement5 01 the charity. which is a public benefit entity under FRS 102, have been prepared in
accordance with the Charities SORP IFRS 1021 'Accountin8 and Reportin8 by Charitie5'. Statement ol
Recornmended Practice applicable to charitie5 preparing their accounts in accordance with the Financial
Reporting Standard applicable in the LIK and Republic of Ireland IFRS 1021 (effective l January 20191.. Financial
Reportin8 Standard 102 The Financial Reportin8 Standard applicable in the UK and Republic of Ireland, and the
Charities Act 2011. The financial statements have been prepared under the historital tost convention.
Income
All income is recognised in the Statement of Financial Activities once the Charity has entitlement to the funds,
it is probable that ihe income will be received and the èmount can be measured reliably. Invoices for
cornmissioneil work are raised once the work is completed. The charitable activity ol research on the lace of
the SOFA comprises commissioned research, analysis. and advice in relation to the objectives of the charlty.
Expendlture
Li8biliries are recognised as expenditure as soon as there 15 a legal or construttive obligation committing the
Charity to that expenijiture, it is probable that a transfer ol economic benefits will be required in settlement
and the amount ol ihe obligaiion can tse measured reliably. Expenditure is accounted for on an accrua15 basis
and has been classified under headings rhat aggregate all costs related io the category. Where costs cannot be
directly attributed to particular headings they have been allocated to activities on a basis con51Stent with the
Use ol resour£e5.
Tanglble fixed assets
Fixed assets are rneasured at cost less depreciation.
Cornputers and office equipmtnt- 25% Reducin8 balanct basis.
Taxation
The Charity is exempt Irom tax on its charitable activities.
Fund a¢¢ountln8
Unrestricted funds can be used in accor(lance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be use(J for particular ￿$trItted purposes within the objetts of the Charity.
Restrictions arise when specilied byihe donor or when funds are raised for particular restricted purposes.
The Iharity had no restritted funds during theyear ended 31 July 2025 nor in the preceding year.
Penslon costs and other post-retlrement beneffts
The charity operates a defined contribution pension scheme. Contribufions payable to the charity's pension
scheme are charged to the Statement of Financial Activities in the period to which they relate.
-i(
continued...

THE BRIDGE GROUP
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 JULY 1025
CHARITABLE A￿1v￿E5 COSTS
Support
costs (see
note 41
Direct
Costs
Totals
Research
280.262
IS2￿5?
433,119
SUPPORT COSTS
Office
overheatls
Governance
costs
Depreciation
Totals
Research
136,799
1.674
14.384
152,857
Support cost5. included in the above. are a5 follows..
Officè avtrhtads
2025
2024
Total
Research
Wages
Social security
Pensions
Insurance
Travel and subslstence
Computer expenses
Venue hire
Recruitment
Loss on foreign exchange
Postage and stationery
98,462
6,858
1,533
1,34Z
9,520
7,685
3,375
7,532
85,870
3,125
1,351
1,449
6,173
4,8B3
1,449
1,125
112
163
424
136,799
105,700
Depreclatlon
2025
2024
Total
Research
Depreciation of tangible fixed a55els
L055 on sale of tangible fixed a55et5
1,436
238
I,(￿0
649
1,674
1,649
-li-
continued...

THE BRIDGE GROUP
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 JULY 1025
SUPPORT C05TS- contlnued
Governance costs
2025
2024
Total
Research
Independent examiner's lees
Accountancy lees
Professional lees
1,260
1,050
12,074
1,200
I,LX)O
7,215
14,384
9,415
TRUSTEE5' REMUNERATIIJN AND BENEFrrs
There were no trusiees, remuneration or oiher benefrts for the year ended 31 July 2025 nor for the year ended
31 July 2024.
Trustees. expenses
There were no trustees, expense5 paid for the year ended 31 July 2025 Thor for the year ended 31 july 2024.
STAFF COSTS
2025
2024
Wages and salaries
Social security costs
Other pension c05t5
32S.033
36.967
4,865
283,558
31,246
4,823
366.865
319,627
The ioial remuneration ol the key mana8ement personnel. intlusive of pension ènd employer social security
costs. was £168,97912024..£147.0481.
The avera8e monthly number of employees durin8 the year was as follows..
2025
io
2024
Average number of employees
No employee5 received emolument5 in exces5 of £60,CW.
-12-
continued...

THE BRIDGE GROUP
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 JULY 1025
TANGIBLE FIXED A55Ef5
Computer
& office
equipment
COST
At l August 2024
Addition5
Disposals
6,801
4,247
11,6491
At 31 July 2025
9,399
DEPRECIATION
At l August 2024
Charge lor year
Eliminated on disp95al
3.469
1,436
11,1091
At 31 July 2025
3.796
NET BOOK VALUE
At 31 July 2025
S.603
At 31 July 2024
3,332
OEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Trade debtors
174,017
41,362
CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Trade creditor5
Taxatitsn and s¢xial securitv
Other creditors
155
37,686
5,294
1,138
17,098
3,108
43,135
21,344
-1>
continued...

THE BRIDGE GROUP
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 JULY 1025
io.
MOVEMENTIN FUNDS
Net
movement
in funds
At
31.7.25
At 1.8.24
Unrestricted fund5
General fund
166.945
1,437
168,382
TOTAL FUNDS
166.945
IA37
168,382
Net movement in funds, included in the above are as follow5..
Incoming
resources
Resources
expended
Movement
in funds
Unrestrl¢ted fvnds
General fund
434,556
1433.1191
1,437
TOTAL FUNDS
434,556
1433.1191
1,437
Comparatl¥es for rn<>vÈrnènt In funds
Net
movement
in funds
At
31.7.24
At 1.8.23
Unrestrirttd funds
General fund
60.654
106,291
166,945
TOTAL FUNDS
60.654
106,291
166,945
Comparative net movement in funds, inclvded in the above are as follows:
Incoming
sources
Resources
expended
Movement
in funds
Unrestrlcted funds
General fund
465.318
1359,0271
106.291
TOTAL FUNDS
465.318
1359,0271
106.291
-14-
continued...

THE BRIDGE GROUP
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 JULY 1025
ii.
RELATED PARTY D15CLOSURES
There were no related party transartions for the year ended 31 July 202S nor the year ended 31 July 2024.
-15-