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2023-12-31-accounts

2023 Trustee Statement

To our valued stakeholders, supporters and partners,

The past year has been one of unwavering commitment to our causes and a moment of reflection on our ambitions and growth. In 2022, we committed to diversifying our revenue streams and exploring new income opportunities. However, 2023 presented challenges that led us to prioritise a different path. Instead of immediate expansion, we focused our energy on amplifying the voice of the projects we support - championing them on social media, providing one-to-one advice and promoting their invaluable work across London.

London remains a city of remarkable opportunity, but we know that many of these opportunities remain inaccessible to large swathes of our community. This insight has informed our ongoing commitment to these four core areas of focus:

1. Preventing or alleviating poverty: Poverty, particularly its impact on young people, continues to be a barrier to the future for many in our city. We are committed to supporting organisations that aim to address and alleviate this entrenched inequality.

  1. Promoting Arts & Culture: Arts and culture are at the heartbeat of London, yet for many these experiences feel out of reach. By supporting organisations working to widen access to the city's cultural treasures, we aim to ensure that this heartbeat is felt by all Londoners.

  2. Education: Education is the cornerstone of empowerment, extending beyond the walls of the traditional classroom. We support organisations committed to promoting all dimensions of learning - whether academic, sporting or cultural - and making a meaningful impact on the lives they touch.

  3. Environmental conservation, protection and improvement: The climate challenge we face requires both awareness and action. We continue to support organisations working to improve London's environmental performance, from tackling air quality issues to promoting recycling and renewable energy.

It is with regret that we report that, due to the constraints we faced this year, we were unable to develop any new income streams. As a result, our total earned income for 2023 is £0. However, we owe an immense debt of gratitude to Trustee Max Bruckner, whose generosity has covered all running costs and ensured that we have been able to continue our work uninterrupted.

Looking ahead to 2024, we are laying the foundations for sustainable and diversified fundraising. Plans are in place to revitalise our social media presence to increase online fundraising, while also introducing a coldcalling initiative run by dedicated volunteers. We believe these steps will bring much-needed stability to our funding sources and increase our impact on the causes we champion.

To our supporters, thank you for your unwavering belief in our mission. Together, we will continue to make progress towards a more inclusive London, where opportunity is truly within reach for all.

Thank you for standing with us.

Maximilian Bruckner, Chairman McBridge Foundation

27/10/2024

tWAiITY(OPAMIS ReGeipts and payrnÈrts accounts CC18 Forthè Ptrritsd To Section A RecElPts and payments Al Rtreèl 15DA to￿l6￿5sj￿c￿1efr 15D SubtrtBI ¢I￿t￿Oy￿￿tj 1x1 Section B StatÈmÈnt tsf assets and liabilitie5 at the end of thÈ period Rtstrictsd ryL Bl ¢¢ UrtrtlitLd n B31nYe&tThntauats n*

McBridge Foundation McBridge Foundation McBridge Foundation 1185833 1185833
~~Receipts and payments accounts~~ CC16a
For the period
from
01/01/2023 To 31/12/2023
Section A Receipts and payments
Unrestricted
funds
Restricted
funds
Endowment
funds
Total funds Last year
to the nearest
£
to the nearest £ to the nearest £ to the nearest £ to the nearest £
~~A1 Receipts~~
McBridge SupportLtd £ - £ - £ - £ - £ 150.00
£- £ - £- £- £-
£ - £ - £ - £ - £ -
£ - £ - £ - £ - £ -
£ - £ - £ - £ - £ -
£ - £ - £ - £ - £ -
£ - £ - £ - £ - £ -
£ - £ - £ - £ - £ -
~~Sub total~~~~(Gross income for~~
_AR) _
£ - £ - £ - £ - £ 150.00
~~A2 Asset and investment sales,~~
(see table).
£ - £ - £ - £ -
£ - £ - £ - £ - £ -
~~Sub total~~ £ - £ - £ - £ - £ -
~~Total receipts~~ £ - £ - £ - £ - £ 150.00
~~A3 Payments~~
£- £ - £- £- £-
£- £ - £- £- £-
£- £ - £- £- £-
£- £ - £- £- £-
£- £ - £- £- £-
£- £ - £- £- £-
£- £ - £- £- £-
£- £ - £- £- £-
£- £ - £- £- £-
~~Sub total~~ £ - £ - £ - £ - £ -
~~A4 Asset and investment~~
purchases, (see table)
£- £ - £- £-
£- £ - £- £-
~~Sub total~~ £ - £ - £ - £ - £ -
Total payments £ - £ - £ - £ - £ -
~~Net of receipts/(payments)~~ £- £- £- £- £ 150.00
~~A5 Transfers between funds~~ £- £- £- £- £-
~~A6 Cash funds last year end~~ £- £- £- £- £-
~~Cash funds thisyear end~~ £ - £ - £ - £ - £ 150.00
McBridge Foundation McBridge Foundation McBridge Foundation McBridge Foundation McBridge Foundation 1185833 1185833 CC16a
~~Receipts and payments accounts~~
For the period
from
01/01/2023 To 31/12/2023
Section A Receipts and payments
Unrestricted
funds
Restricted
funds
Endowment
funds
Total funds Last year
to the nearest
£
to the nearest £ to the nearest £ to the nearest £ to the nearest £
~~A1 Receipts~~
McBridge SupportLtd £ - £ - £ - £ - £ 150.00
£- £- £- £- £-
£ - £ - £ - £ - £ -
£ - £ - £ - £ - £ -
£ - £ - £ - £ - £ -
£ - £ - £ - £ - £ -
£ - £ - £ - £ - £ -
£ - £ - £ - £ - £ -
~~Sub total~~~~(Gross income for~~
_AR) _
£ - £ - £ - £ - £ 150.00
~~A2 Asset and investment sales,~~
(see table).
£ - £ - £ - £ -
£ - £ - £ - £ - £ -
~~Sub total~~ £ - £ - £ - £ - £ -
~~Total receipts~~ £ - £ - £ - £ - £ 150.00
~~A3 Payments~~
£- £- £- £- £-
£- £- £- £- £-
£- £- £- £- £-
£- £- £- £- £-
£- £- £- £- £-
£- £- £- £- £-
£- £- £- £- £-
£- £- £- £- £-
£- £- £- £- £-
~~Sub total~~ £ - £ - £ - £ - £ -
~~A4 Asset and investment~~
purchases, (see table)
£- £- £- £-
£- £- £- £-
~~Sub total~~ £ - £ - £ - £ - £ -
Total payments £ - £ - £ - £ - £ -
~~Net of receipts/(payments)~~ £- £- £- £- £ 150.00
~~A5 Transfers between funds~~ £- £- £- £- £-
~~A6 Cash funds last year end~~ £- £- £- £- £-
~~Cash funds thisyear end~~ £ - £ - £ - £ - £ 150.00
Section B Statement of assets and liabilities at the end of the period
Categories Details Unrestricted
funds
Restricted
funds
Endowment
funds
to nearest £ to nearest £ to nearest £
~~B1 Cash funds~~ ~~Bank Current Account~~ £ - £ 560.00 £ -
£ - £ - £ -
£ - £ - £ -
Total cash funds £ - £ 560.00 £ -
(agree balances with receipts and payments
account(s))
OK Agreement Error OK
Unrestricted
funds
Restricted
funds
Endowment
funds
Details to nearest £ to nearest £ to nearest £
~~B2 Other monetary assets~~ £ - £ - £ -
£ - £ - £ -
£ - £ - £ -
£ - £ - £ -
~~£ -~~ ~~£ -~~ ~~£ -~~
~~£ -~~ ~~£ -~~ ~~£ -~~
Details Fund to which
asset belongs
Cost (optional) Current value
(optional)
~~B3 Investment assets~~ £ - £ -
£ - £ -
£ - £ -
~~£ -~~ ~~£ -~~
~~£ -~~ ~~£ -~~
Details ~~Fund to which~~
asset belongs
Cost (optional) ~~Current value~~
(optional)
~~B4 Assets retained for the~~
charity’s own use
£ - £ -
£ - £ -
£ - £ -
~~£ -~~ ~~£ -~~
~~£ -~~ ~~£ -~~
~~£ -~~ ~~£ -~~
£ - £ -
£ - £ -
£ - £ -
Details ~~Fund to which~~
liability relates
~~Amount due~~
(optional)
~~When due~~
(optional)
~~B5 Liabilities~~ £ -
£ -
£ -
~~£ -~~
~~£ -~~
Signed by one or two trustees on
behalf of all the trustees
Signature Print N ame ~~Date of~~
approval
Max Br uckner 27/10/2024