Bridge2 (Liverpool) Limited
Company Number 11360911
Charity Number 1195634
Registered Charity Number: 1195634
Registered Company Number: 11360911 (England and Wales)
Bridge2 (Liverpool) Limited
Company Limited by Guarantee
Annual Report and Unaudited Financial Statements for the Year Ended 31 May 2022
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Bridge2 (Liverpool) Limited
Company Number 11360911
Charity Number 1195634
Legal and Administrative Information
Trustees Mr Rauni Da Mota Mr Samuel James Hayes Mrs Sanaz Ghafari-Movahead Mr Merfyn Huw Vaughan Cave Charity number 1195634 Company number 11360911 Registered office St James Mission Hall 36 Windsor Street Liverpool L8 1XF Independent examiner Karen Owen ACA McParland Williams 13 Liverpool Road North Maghull Merseyside L31 2HB Bankers The Co-operative Bank plc PO Box 101 1 Balloon Street Manchester M60 4EP
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Bridge2 (Liverpool) Limited
Company Number 11360911
Charity Number 1195634
Contents
| Page | |
|---|---|
| Report of the Trustees | 4 |
| Statement of Trustees Responsibilities | 8 |
| Independent Examiner's Report | 9 |
| Statement of Financial Activities | 10 |
| Balance Sheet | 11 |
| Notes to the accounts | 12 |
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Bridge2 (Liverpool) Limited
Company Number 11360911
Charity Number 1195634
Report of the Trustees (including Directors’ report) for the Year Ended 31 May 2022
The trustees, who are also directors for the purposes of the Companies Act 2006, present their report and financial statements for the year ended 31 May 2022.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity’s memorandum and articles of association, the Companies Act 2006 and “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 2019)”.
An introduction to Bridge2 (Liverpool) Limited
2021-22 has been our first year operating as a registered charity, following our conversion from Community Interest Company (CIC) status in August 2021. The company was incorporated as a company limited by guarantee, and registered as a Community Interest Company, in May 2018. This report outlines our aims and objectives as a charity, how we implemented these during the year, and our community impact. 2021-22 was our first year operating as a charity, and therefore prior year figures have not been included for all financial information below. Please refer to our 2020-21 accounts filed with Companies House for financial information prior to our registration as a charity.
Bridge2 is a charity working with asylum seekers and refugees across Liverpool, with a particular focus on those local to our premises in Toxteth, Merseyside, one of the most socio-economically deprived areas of the UK. Our vision is to build bridges between cultures and languages.
Objectives and activities
The primary aims of Bridge2 (Liverpool) Limited are:
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The promotion of social inclusion for the public benefit among people who are refugees and asylum seekers who are socially excluded on the grounds of their social and economic position, by providing: 1) education and training in the English language and in vocational skills;
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2) social and recreational facilities and events involving the local community.
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The prevention or relief of poverty or financial hardship anywhere in the world by providing or assisting in the provision of education, training and all the necessary support designed to enable individuals to generate a sustainable income and be self-sufficient.
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The relief of unemployment of those granted refugee status and those seeking asylum in the United Kingdom, and in particular Liverpool, by the provision of vocational and skills training, advice and support.
Achievements and performance
Afghan Response
August 2021 saw the arrival of thousands of Afghan refugees into the UK following the military withdrawal from Afghanistan. Hundreds of these refugees were temporarily house in Liverpool. Bridge2 immediately mobilised staff and volunteers to respond, providing clothing, toiletries, personal care items, suitcases and English classes to those housed in a nearby hotel, in collaboration with the local council and government agencies. We deployed staff and had a team based out of the hotel from September to December 2021. We raised £11,780 in donations from the public to help with the response. We continued to provide support for women until December 2022.
Community Support groups
We offer free English sessions for refugees and asylum seekers to build more confidence in using English to overcome language barriers, access vital services, and to build community networks where they have resettled. While loneliness and uncertainty are common issues for asylum seekers, our
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Bridge2 (Liverpool) Limited
Company Number 11360911
Charity Number 1195634
sessions are designed for people to meet one another and build friendships while gaining a greater understanding of language and culture in Liverpool.
Reimagine Project
The Reimagine Project was born from our desire to serve the refugee and asylum seeker community, coupled with our care for environmental issues. The project focusses on reducing furniture and textile waste, and teaching others to do the same. Our goal is to help reduce waste while teaching others a valuable skill.
From May 2021 we began running workshops with refugees and people from the local community to teach them how to take old, unwanted furniture and turn it into something you would want in your home. The workshops teach how to choose the right furniture for repurposing, how to prepare it, sand it, paint or stain it, and finish it. We encourage the community to think twice before they bin an old piece of furniture, and instead donate it to us for the workshops.
From August 2021 we began running textile workshops with refugees and people from the local community to teach them how to use old clothing and scrap fabrics to create beautifully stitched patchwork, pillow covers, rugs, and all sorts of functional pieces. We also ran a series of 6 workshops for Afghan ladies living in the hotel, providing transport and lunch for those that attended.
Garden Project
In 2020 our asylum seeker forum made it clear that one of the most important things to help them along their journey would be to have a functioning garden space; a place where people from the community could come together and grow produce, a place to relax or meet a friend for a coffee, a place that could remind them of home.
Thanks to the Liverpool City Region Combined Authority and their Community Environment Fund, we received the funding needed to begin renovating the garden. Much of the work was done by Bridge2 staff and volunteers over the course of several months. Through a mutual contact we were introduced to the Murphy Group who mentioned that they frequently worked with charities and wanted to know more about our work. Murphy sent engineers to survey the site and two weeks later they returned with a crew of workers. They worked for two days, finishing the remainder of the work needed to transform the garden into exactly what we envisioned. We planted 18 fruit trees, the raised beds are filled with crisp lettuce, cauliflower, peppers, tomatoes, cabbage, and carrots, the seating area always has visitors, and the green space knows the pitter patter of children running and playing in the sun.
Arts Project
In July 2021 we launched the art gallery project, Gallery 1889, a community art gallery and exhibition space on the ground floor of our building that supports new and emerging artists, provides a space for creativity to flourish, and promotes cultural diversity in our brilliant city. The art gallery also acts as an avenue to raise money to support our other work with refugees, asylum seekers, and the local community.
During the year we hosted two art exhibition events. Micah Haynes, a young artist whose show ‘Moments Passed’, saw 300 people pass through the gallery. In December 2021 we exhibited the work of Iranian refugee Saeideh Rahimi Moghadan in an exhibition titled “At The End Of My Rainbow”. Saeideh is an artist we have walked alongside since her arrival in UK. She has MS and struggles daily, so having her own exhibition and being able to sell some of her pieces was a realisation of her dreams.
Financial Review
The Trustees have examined the charity’s requirements for reserves in light of the main risks to the organisation, and have taken note of the guidance available from the Charity Commission. As a newly registered charity, the Trustees have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets held by the charity should be approximately 3 months of expenditure, excluding projects fully funded by restricted grant funding and capital expenditure. The trustees have determined this to require approximately £5,000 in general funds.
Risk policy
The trustees have identified the following main risks to our organisation and responses to these risks are outlined below.
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Bridge2 (Liverpool) Limited
Company Number 11360911
Charity Number 1195634
1. Health and Safety
A Health and Safety Policy has been adopted. Work has been carried out on risk assessments of all existing and new activities and new risk assessments are undertaken as required. Health and Safety induction and training is provided for all involved in project work.
2. Vulnerable Adults
A Safeguarding Vulnerable Adults policy is in place. The Trustees take seriously their responsibility to protect and safeguard vulnerable adults using Bridge2’s services. All those involved are briefed on their responsibilities and are made fully aware of the organisation’s safeguarding policy and procedures. Training is provided, and the policy and procedures are regularly to ensure they remain effective and up to date.
3. Financial Risks
Guidelines are issued to all on proper cash handling procedures. Instructions are issued to avoid making purchases in cash unless it is unavoidable. Departmental records and central accounts are monitored regularly. We receive regular guidance on financial risks from our company secretary, the Charity Commission, HMRC and third sector agencies. This helps us to keep up to date with newer areas of risk. Our independent examiner advises us of any specific areas of weakness that may be identified during the annual independent examination.
Plans for the future
Our main area of planning for the coming 12-24months is to establish organisational and project sustainability. We want to explore and nurture ways to create projects that can eventually fund themselves. We also have a small team of committed staff, some of whom have lived experience as refugees. While we are committed to the living wage, we see this as a minimum offering and we want to ensure fair for all our staff.
It is our hope that we can explore ways to fund our premises overheads without the need for grants. One way of doing this is through increasing tenancy use of the building to generate rental income. Work around marketing to promote the building, and improvements to the facilities, is a priority. In particular, we are keen to finish the refurbishment of the basement level as soon as possible.
The art gallery has potential to become a sustainable project through selling art and associated services, such as printing for artists, art classes, and exhibitions for established artists. This project needs a staff member with approximately 20 hours funding to establish the project.
We will continue to offer support through our English classes, art therapy sessions, garden and skills workshops. These community support elements are predominately dependent on volunteers, and requires good community relationships and partnerships. A large part of this work is managing referrals and ensuring asylum seekers are aware of services available. Having staff available to keep up-to-date to government changes, local council services and other organisations is crucial. Therefore, increased staffing is needed as the number of asylum seekers we support is constantly increasing.
Moving forward we would like to work closer with partner organisations. In particular, local businesses, other voluntary sector groups with similar aims or services, and the local public. Our growing relationships with TLC (Transforming Lives Company), Gateway Collective and Vineyard Church will be key in the year ahead.
Structure, Governance and Management
The charity is a company limited by guarantee as defined by the Companies Act 2006 and is controlled by its governing document, it’s memorandum and articles of association.
The board of trustees oversee the legal and financial responsibilities of the charity, and they meet formally as a board on a regular basis. The trustees also have responsibility for the overall direction and vision of the charity. None of the trustees has any beneficial interest in the company. All the trustees are members of the company and guarantee to contribute £10 in the event of winding up.
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Bridge2 (Liverpool) Limited
Company Number 11360911
Charity Number 1195634
Board of Trustees
The trustees, who are also the directors for the purposes of the Companies Act 2006, and who served during the year were:
Mr Rauni Da Mota Mr Samuel James Hayes Mr David Skews (Chair) (resigned 30 December 2022) Mrs Sanaz Ghafari Movahead
The following director was appointed after the year end: Mr Merfyn Huw Vaughan Cave (appointed 30 December 2022)
Small company provisions
This report has been prepared in accordance with the special provisions applicable to companies subject to the small companies regime.
On behalf of the board of trustees
Mr Samuel James Hayes Trustee Dated: 22 February 2023
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Bridge2 (Liverpool) Limited
Company Number 11360911
Charity Number 1195634
Statement of Trustees’ Responsibilities
The trustees, who are also the directors of Bridge2 (Liverpool) Limited for the purpose of company law, are responsible for preparing the Trustee’s Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company Law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.
In preparing these financial statements, the trustees are required to:
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Select suitable accounting policies and then apply them consistently;
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Observe the methods and principles in the Charities SORP;
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Make judgements and estimates that are reasonable and prudent;
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State whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
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Bridge2 (Liverpool) Limited
Company Number 11360911
Charity Number 1195634
Independent Examiner’s Report to the Trustees of Bridge2 (Liverpool) Limited
I report to the trustees on my examination of the accounts of the above charity (the Trust) for the year ended 31 May 2022, which are set out on pages 10 to 17.
Responsibilities and basis of report
As the charity’s trustees 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 Trustee’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner’s statement
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
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(2) the accounts do not accord with those records; or
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(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.
Signed:
Name:
Relevant professional qualification or membership of professional body :
Address:
Date:
Karen Owen
ACA/ICAEW
McParland Williams 13 Liverpool Road North Maghull L31 2HB 20/02/2023
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Bridge2 (Liverpool) Limited
Company Number 11360911
Charity Number 1195634
Statement of Financial Activities for the Year Ended 31 May 2022
| Notes Income 2 Donations and legacies Charitable activities Other trading activities Other Total income Expenditure 3 Raising funds Charitable activities Total expenditure Net movement in funds Reconciliation of funds Fund balances at 31 May 2022 |
Unrestricted funds £ Restricted income funds £ Total funds £ 4,439 22,920 27,359 90,616 90,616 24,712 - 24,712 307 - 307 |
|---|---|
| 29,458 113,536 142,994 |
|
| 240 - 240 9,402 105,701 115,102 |
|
| 9,642 105,701 115,343 |
|
| 19,816 7,835 27,651 |
|
| 45,732 118 45,850 |
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The statement of financial activities complies with the requirements for an income and expenditure account under the Companies Act 2006.
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Bridge2 (Liverpool) Limited
Company Number 11360911
Charity Number 1195634
Balance Sheet As at 31 May 2022
| Restricted | ||||
|---|---|---|---|---|
| Unrestricted | income |
Total this | ||
| funds | funds |
year | ||
| Notes | £ |
£ |
£ | |
| Fixed assets | ||||
| Tangible assets | 6 | 91,713 | 118 |
91,831 |
| Current assets | ||||
| Cash at bank and in hand | 26,948 | 39,710 |
66,658 | |
| Liabilities | ||||
| Creditors: amounts falling due within one year | 7 | (9,029) | (39,710) |
(48,739) |
| Net current assets | 17,919 | - |
17,919 | |
| Total net assets | 109,632 | 118 |
109,750 | |
| Creditors: amounts falling due after one year | 8 | (63,900) | - |
(63,900) |
| Total net assets or liabilities | 45,732 | 118 |
45,850 | |
| Funds of the Charity | ||||
| Restricted funds | 118 | 118 | ||
| Unrestricted funds | 45,732 | 45,732 | ||
| Total charity funds | 10 | 45,732 | 118 |
45,850 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2022 in accordance with Section 476 of the Companies Act 2006.
The notes form part of these financial statements
The directors acknowledge their responsibilities for
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a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 22 February 2023 and were signed on its behalf by:
Mr Samuel James Hayes Trustee
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Bridge2 (Liverpool) Limited
Company Number 11360911
Charity Number 1195634
Notes to the Financial Statements for the Year Ended 31 May 2022
1. Accounting Policies
Bridge2 (Liverpool) Limited is a private company limited by guarantee incorporated in England and Wales. The registered office is St James Mission Hall, 36 Windsor Street, Liverpool, L8 1XF.
1.1 Basis of preparing the financial statements
The financial statements of the charitable company, 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention, and in accordance with the Charities Act 2011. The charity constitutes a public benefit entity as defined by FRS 102.
1.2 Going Concern
At the time of approving the accounts the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. The Trustee adopt the ‘going concern’ basis of accounting in preparing the accounts.
1.3 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. In the case of performance related grants, income has been recognised to the extent that the charity has provided the specified goods or services as entitlement to the grant only occurs when the performance related conditions are met. Such income is deferred when the donor has imposed conditions which must be met before the charity has unconditional entitlement. Note 9 gives details of the income deferred.
1.4 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.
1.5 Assets
Tangible fixed assets are measured at cost and net of depreciation and any impairment losses. Depreciation is provided at the following annual rates in order to write off each tangible fixed asset over its estimated useful life, as follows:
Freehold buildings 2% p.a. on a straight line basis Fixtures, fittings & equipment 25% p.a. on a straight line basis Computers 25% p.a. on a straight line basis
1.6 Taxation
The charity is exempt from corporation tax on its charitable activities. The charity is not able to recover Value Added Tax and expenditure is recorded in the accounts inclusive of VAT.
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Bridge2 (Liverpool) Limited
Company Number 11360911
Charity Number 1195634
1.7 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.
2 Analysis of income
| Donations and legacies Donations and gifts Overhead grants provided by other charities Charitable activities Performance related grants provided by other charities DWP Kickstart grants provided by government Other trading activities Property rental income Sale of artwork Other Total |
Unrestricted funds Restricted income funds Total funds £ £ £ 4,439 12,140 16,579 10,780 10,780 |
|---|---|
| 4,439 22,920 27,359 |
|
| - 59,746 59,746 - 30,870 30,870 |
|
| - 90,616 90,616 |
|
| 22,375 - 22,375 2,337 - 2,337 307 - 307 |
|
| 25,019 - 25,019 |
|
| 29,458 113,536 142,994 |
3 Analysis of expenditure
| Raising funds Advertising and marketing Charitable activities Staff costs Depreciation Project purchases Premises expenses Office expenses Sundry expenses Total |
Unrestricted funds £ Restricted funds £ Total £ 240 - 240 340 64,637 64,977 2,925 - 2,925 255 35,474 35,729 3,089 5,590 8,679 2,004 - 2,004 789 - 788 |
|---|---|
| 9,642 105,701 115,343 |
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Bridge2 (Liverpool) Limited
Company Number 11360911
Charity Number 1195634
4. Employees
Number of employees
The average monthly number of employees during the year was:
| Charitable Employment costs Wages and salaries Social security costs Other pension costs |
2022 7 2022 £ 64,661 - 315 |
|---|---|
| 64,977 |
There were no employees whose annual remuneration was £60,000 or more.
5. Retirement benefit schemes
Defined contribution schemes
The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.
The charge to the statement of financial activities in respect of defined contribution schemes was £316.
6. Tangible fixed assets
| Cost At 1 June 2021 Additions At 31 May 2022 Depreciation At 1 June 2021 Depreciation charged in the year At 31 May 2022 Carrying amount At 31 May 2022 |
Freehold buildings £ Fixtures, fittings & equipment £ Computers £ Total £ 95,546 3,306 - 98,852 - 190 561 751 |
|---|---|
| 95,546 3,496 561 99,603 |
|
| 3,822 1,025 - 4,847 1,911 874 140 2,925 |
|
| 5,733 1,899 140 7,772 |
|
| 89,813 1,597 421 91,831 |
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Bridge2 (Liverpool) Limited
Company Number 11360911
Charity Number 1195634
7. Creditors: amounts falling due within one year
| Notes Performance related grants held as deferred income 9 Taxation and social security Short term loans 12 Other creditors |
2022 £ 39,710 190 7,529 1,310 |
|---|---|
| 48,739 |
8. Creditors: amounts falling due after more than one year
| Notes Start-up loan Building purchase loans Other creditors |
2022 £ 11,500 51,800 600 |
|---|---|
| 63,900 |
In February 2020, interest free loans were granted by individuals to Bridge2 as part of a fundraising initiative to enable the purchase of the freehold to our operating premises, 36 Windsor Street, Liverpool. Each lender has been granted a security interest in 36 Windsor Street until the respective loan is repaid in full. Repayment of these loans began in October 2021.
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Bridge2 (Liverpool) Limited
Company Number 11360911
Charity Number 1195634
9. Restricted funds
The income funds of the charity include restricted funds comprising the following balances of donations and grants held on trust for specific purposes:
| Income | |||
|---|---|---|---|
| recognised | Income | Total | |
| in year | deferred | income | |
| £ | £ | £ | |
| Afghan Response donations | 11,780 | - | 11,780 |
| Art Projects Grants | |||
| LCVS (Art Workshops) | 462 | 538 | 1,000 |
| LCVS (Art Mural) | 5,280 | - | 5,280 |
| Basement Renovation Grants | |||
| Hemby Trust | 1,495 | 1,005 | 2,500 |
| The Clothworkers | 847 | 153 | 1,000 |
| J Murphy & Sons | 4,500 | - | 4,500 |
| Kellogg’s Breakfast Club Grant | 19 | 981 | 1,000 |
| Community Support Group Grants | |||
| Albert Hunt | 443 | 1,557 | 2,000 |
| Alchemy Foundation | - | 500 | 500 |
| LCVS | 1,051 | - | 1,051 |
| Merseyside Community Investment Fund | 1,440 | 120 | 1,560 |
| Steve Morgan Foundation | 8,560 | - | 8,560 |
| The National Lottery | 8,977 | - | 8,977 |
| Covid Relief Grants | |||
| LCR | 583 | - | 583 |
| The Barrow Cadbury Trust Covid-19 Support Fund | 19 | - | 19 |
| The National Lottery | 768 | - | 768 |
| DWP Kickstart Initiative Grant | 30,870 | - | 30,870 |
| Garden Project Grants | |||
| Alpkit | 185 | 44 | 229 |
| BHP | 1,475 | - | 1,475 |
| Eleanor Rathbone | 3,000 | - | 3,000 |
| Elizabeth Rathbone | 1,688 | 312 | 2,000 |
| Finnis Scott | 1,225 | 177 | 1,402 |
| LCC | - | 400 | 400 |
| LCR Eco Fund | 6,777 | - | 6,777 |
| Overhead Grants | |||
| Cadent | 679 | - | 679 |
| John Moores Foundation | 6,390 | - | 6,390 |
| Postcode Lottery Grant | - | 24,320 | 24,320 |
| Sylvia Waddilove | 1,000 | - | 1,000 |
| The Foyle Foundation | 1,712 | 8,288 | 10,000 |
| The National Lottery | 1,000 | - | 1,000 |
| Reimagine Project Grants | |||
| Dulverton Trust | 3,058 | 1,162 | 4,220 |
| Merseyside R&W | 7,847 | 153 | 8,000 |
| Other restricted donations | 360 | - | 360 |
| Total | 113,490 | 39,710 | 153,200 |
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Bridge2 (Liverpool) Limited
Company Number 11360911
Charity Number 1195634
10. Analysis of net assets between funds
| Fund balances at 31 May 2022 are represented by: Tangible assets Current assets/(liabilities) Long term liabilities |
Unrestricted funds £ Restricted funds £ Total £ 91,713 118 91,831 17,919 - 17,919 (63,900) - (63,900) |
|---|---|
| 45,732 118 45,850 |
11. Trustees
No trustee expenses were reimbursed during the year. No trustees received remuneration during the year. One person connected to a trustee received remuneration during the year.
12. Related party transactions
During the year the company entered into the following transactions with related parties:
Rauni Da Mota is a trustee of the charity. His wife supplied services to the charity on a contractor basis during the year (£1,550).
Included in ‘Short term loans’ (note 7) are interest free loans from David Skews (£6,634) and Rauni Da Mota (£896), which are repayable on demand.
13. Company limited by guarantee
Bridge2 (Liverpool) Limited is incorporated under the Companies Act as a company limited by guarantee. The liability of the members is limited to £10.
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