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The Bridge Trust- Registered Charity No.. 1184834
Trustees, Annual Rewrt including Financial Slatamenls and Auditors Reptrt
.Period ended 31st Decembei202Q.
TABLE OF CONTENTS
Reference and Admlnistrative Detalls.........
Statement bythe Chair of Trustees......
Events after the End of the Reporting Period..... -.....
Trustee5' Responsibilities StstemenL...-......
Objedives, 5truuure, fj0vernan￿ and Management.......
H1510ry.................................................
Obtrective5....
Organis8lion and Strurture..
Governance Internal Control..-.......-.....-.-.......-.......
Re£ruitmÈnt of Trustees.......
RiskManagÈrryent................
Valuation of the Permanent ErKlowment......-...............................................................
Financi31 Controls._-.....
Related partie&....
Achtevements and PerforWnan￿................... ...............
Review ofALtliritles andAthie¥ements_..
Public Benefit...
Financial Review....
Independenl Auditor's Reportto the Mernbers of Brldge Trust......
Opinion.
Basis foropinion..........
Conclu%ions ￿latI￿t0 golng Con￿M...
Other inforTnation.......................
8tter5 on which we are require(* to report bYex￿pt10rL....
REs￿n￿b)lItieS of trustees...
Auditor'5 respOn￿b￿lf¢leS forlhe audi( oftheflnancial staternent5.......
Use OfOur￿p0rt.-......
ststement of Finanual Activities- Per¥od Ended 31 Derember 2020............
Statement of ff nancial position- 31 December 2020........-......
Ststement of Cash Flows- Period ended 31 December 2020...-......-......
Notes to the Financtal Statements- Period ended 31 December 2020...-......-..............
General inftrnnation...........
Statement of c0mpl1a￿...........................................................................
Accounting policies............
l)onations and legacle5...._..
othertrading artivitiÈs...
Invutment income....
15
other Income......
15
Expendlture on charitsble attlvities byfund type........
15
Expet)dr<ure on charIt3￿e otti¥itles by arbvitytyP...................
15
An8lysisof support (Dsts.................................................. ............. ..............
15
Analy515 of BranL5.................
IG
Net gains on investments.......-...............-.......-.......-......................
.16
Staff c05t&.....
16
Trustee retwneration aThJ expe￿es.............................-....................... -..............................................-........ 16
T2ngible fixed Assets......
Investmerlts................... -............................................................................................................................ 17
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Creditors.. amounts falllng due 4%ithin oneyear..............................-.......-....................................... .......-.......
t)eferred incotne..........................................................
GovernnEntgrJnt>......
Analysis of £haritable fun(ts...
Anolysi5 of net assets between fvnds....
Analvsls of chanÈes in netdebt..................... ...............................
P05t ba13nce Sheet events..... ...............
Re5ated Paftie5.....
Contln8ent liabilltles.....
18
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Page-2of19


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||||9August 2019to 31December 2020|9August 2019to 31December 2020|9August 2019to 31December 2020|9August 2019to 31December 2020|
|---|---|---|---|---|---|---|
||||Unrestricted|Designated|Endowment|Total funds|
||||funds|funds|funds||
|||Note|E|E|E|E|
|Income and endowments|||||||
|Donations<br>and legacies||4|1,435|||1,435|
|Other trading<br>activities||5|123,148|||123,148|
|Investment<br>income||6|2,976|||2,976|
|Other income||7|432 177|7954|4,190,711|4,630,842|
|Total income|||559,736|7954|4,190,711|4,758401|
|Expenditure|||||||
|Expenditure<br>on charitable||8,9|134,773|107,577||242,350|
|activities|||||||
|Total expenditure|||134,773|107577||242,350|
|Net gains on investments||12|622||14,004|14,626|
|Net income|||425 585|99623|4,204 715|4 530677|
|Transfers<br>between|funds||(100,000)|100,000|||
|Net movement<br>in|funds||325,585|377|4,204,715|4,530,677|
|Reconciliation<br>of|funds||||||
|Total funds brought|forward||||||
|Total funds carried|||325,585|377|4,204,715|4,530,677|
|forward|||||||








|STATEMENT OFCASH FLOWS - PERIOD ENDED 31DECEMBER2020|STATEMENT OFCASH FLOWS - PERIOD ENDED 31DECEMBER2020|STATEMENT OFCASH FLOWS - PERIOD ENDED 31DECEMBER2020|STATEMENT OFCASH FLOWS - PERIOD ENDED 31DECEMBER2020||
|---|---|---|---|---|
|||||2020|
|||||6|
|Cash flows from operating||activities|||
|Net income||||4,530,677|
|Adjustments<br>for.|||||
|Government<br>grant income||||(1,435)|
|Net gains on investments||||(14,626)|
|Other interest receivable and||similar income||(2,976)|
|interest payabie and similar|charges|||20|
|Accrued expenses||||41,518|
|Changesin:|||||
|Trade and other debtors||||(39,754)|
|Trade and other creditors||||19,069|
|Cash generated<br>from operations||||4,532,493|
|Interest paid||||(20)|
|Interest received||||2,976|
|Net cash from operating<br>activities||||4,535,449|
|Cash flows from investing||activities|||
|Purchase oftangible assets||||(4,000,000)|
|Purchases<br>ofother investments||||(197,670)|
|Net cash used in investing|activities|||4,197,670|
|Cash flows from financing||activities|||
|Government<br>grant income||||1,435|
|Net cash from financing<br>activities||||1,435|
|Net increase<br>in cash and|cash equivalents|||339,214|
|Cash and cash equivalents||at beginning|ofperiod||
|Cash and cash equivalents||at end ofperiod||339,214|



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||||||||||||Unrestricted|Unrestricted|Total Funds|Total Funds|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||Funds||2020|
||||||||||||E||6||
|Rents Receivable|||||||||||122,396||122,396||
|Charges Recoverable||||||||||||752||752|
||||||||||||123,148||123,148||
|6.|Investment|||income|||||||||||
||||||||||||Unrestricted||Total Funds||
|||||||||||||Funds||2020|
||||||||||||E||6||
|COIF Income and||Dividends||||||||||2,976||2976|
|7.|Other|income|||||||||||||
|||||||Unrestricted||Designated|||Endowment||Total|Funds|
|||||||Funds<br>F.|||Funds<br>E||F|Funds|f|2020|
|Other income - transfer||||||432,131|||7,954||4,190,711||4,630,796||
|from unincorporated|||||||||||||||
|charity|||||||||||||||
|Other income|||||||46|||||||46|
|||||||432,177|||7,954||4,190,711||4,630842||
||Ex enditure|||on||charitable|activities b||fund|e|||||
|||||||||Unrestricted|||Designated||Total|Funds|
||||||||||Funds|||Funds||2020|
||||||||||F||||K||
|Charitable|Activities||||||||105,324||107,577||213,201||
|Support Costs|||||||||29149|||||29,149|
||||||||||134,773||107,577||242,350||
||Ex enditure||||on|charitable|activit|es b|activi||e||||
|||||||Activities||Grant funding|||Support|Costs|Total|Funds|
|||||||undertaken||of|actwibes|||||2020|
|||||||directly|||||||||
|||||||F|||E||||E||
|Charitable|activities|||||210,768|||2433|||29,149|242 350||
|10.|Anal|sis|of|su||ort costs|||||||||
||||||||||||Charitable||Total 2020||
||||||||||||activities||||
||||||||||||F||||
|Staffcosts||||||||||||20,000||20,000|
|Computer|and website|||costs||||||||1,001||1,001|
|Bank charges||||||||||||20||20|
|Payroll||||||||||||486||486|
|Audit||||||||||||2,760||2,760|
|Postage, telephone,|||and||stationery|||||||1,698||1,698|
|General expenses||||||||||||2,022||2,022|
|Insurance(Office)||||||||||||129||129|
|Insurance|fTrustees)|||||||||||1,033||1033|
|||||||||||||29,149||29,149|





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|11.|~001|I~ I<br>I||||
|---|---|---|---|---|---|
||||||2020|
|Grants to|individuals||||2,433|
|Total grants|||||2 433|
|12.|Net|ains on investments||||
||||Unrestricted|Endowment|TotalFunds|
||||Funds|Funds|2020|
||||6|6||
|Gains/(losses)||on listed investments|622|14,004|14,626|
|13.|Staff|costs||||




|||||||2020|
|---|---|---|---|---|---|---|
||||||No||
|Administration,|accountant|and|payment|ofgrants|1.26||
|Cleaners|||||0.39||
|Gardener|||||0.11||
||||||1.77||



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|s not limited todecisions made on the premises. The premium<br>for the<br>as 61,033.<br>1S.<br>Tan ible fixed assets|period ended 31 December 202|
|---|---|
||Freehold|
||property<br>6|
|Cost||
|At 9August 2019||
|Additions|4,000,000|
|At 31 December 2020|4,000,000|
|Depmciation||
|At 1January 2020 and 31 December 2020||
|Carrying<br>Amount||
|At 31 December 2020|4000 OIIII|





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|16.<br>Investments||
|---|---|
||Listed|
||investments|
||E|
|Cost orvaluation||
|At 9August 2019||
|Additions|197,670|
|Fair value movements|14,626|
|At 31 December 2020|212,296|
|Impairment||
|At9August 2019and 31 December2020||
|Canying<br>amount||
|At 31December 2020|212,296|
|All investments<br>shown above are held at valuation.||



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|17.|Debtors|Debtors|||||||
|---|---|---|---|---|---|---|---|---|
|||||||||2020|
||||||||E||
|Trade debtors||||||||32,462|
|Prepayments<br>and||accrued|income|||||6,600|
|Other debtors||||||||692|
|||||||||39,754|
|18.|Creditors: amounts|||faiiin|due within one|ear|||
|||||||||2020|
||||||||E||
|Trade creditors||||||||17,230|
|Accruais|and deferred income|||||||41,518|
|Other creditors||||||||1 535|
|||||||||60,587|
|19.|Deferred income||||||||
|||||||||2020|
||||||||8||
|Amount|deferred|in period||||||13555|
|20.|Government||rants||||||
|||||||||2020|
|Recognised<br>in income from|||donations||and legacies:||||
|Government<br>grants income||||||||1435|









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