Co R£g No.. 20Ql246
Ch8fiiy R89 No: 299400
Page-1
BRIDGE CARE LIMITED
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Company No: 02001246 (England and Wales)
Charlty No: 299400

Co Re9 No.. 2001246
Charfly Rey No.. 2994
Page-2
BRIDGE CARE LIMITED
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
CONTENTS
Page
Report of the Trustees
Reporl of the Auditors
10-12
statement of comprehensive income
13
Statement of financial position
14
Cashflow statement
15
Notes to the Financial Statements
16-25

Co Reg No.. 2001246
Charily R89 No= 2994
Page-3
BRIDGE CARE LIMITED
REPORT OF THE TRUSTEES
The trustees, who are also directors of the charity for Ihe purposes of the Companies Act. present
their annual report and audited financial slatements for the year ended 31 March 2024. The report
and financial statements are prepared in accordance with the Housing Slaletnenl of
Recommended Pracllce 2018 which incorporates FRS102 and comply with the Accounting
Direction for Registered Providers of Social Housing - 2019.
Reference and Adminislratlve Detalls of the Charity, its Trustees and Advlsers
Charity Name:
Bridge Care Limited
Charity Number:
299400
Company Number; 02001246
Prlnclpal address and
registered office:
Bridgemead
81 St John's Road
Bath BA2 6PZ
Patrons:
Marian McNeir MBE BA Med
Wera Hobhouse MP
Trustees:
The trustees who have served during the year and up to the date of this report are as follows:.
G.C. Barber BA ACA
Dr P.J.Booth MB ChB
T. J, Dewes MA (Cantab)
N. M. Olley MA (Oxon)
J.E. Todman BEng, PhD, MIET
T.J. Wood
Bsc
(resigned 22 May 2023)
(resigned 31 March 2024)
Registered manager:R lyavoo
Prlnclpal bankers: Natwesl plc.
3 Temple Back East, Temple Quay, Bristol BS19BW
Audltor:
C Edwards
Richardson SwFft Audit Llmited
11 Laura Place,
Bath
BA2 4BL

Co Reg No.. 200124e
Charily Reg No.. 299400
Page-4
BRIDGE CARE LIMITED
REPORT OF THE TRUSTEES
Public Benefit
The truslees have had regard to the Charity Commission's guidance on Public Benefit. Our
activity is to help frall elderly people who have been resident in the Bath area. We give priorily
for admisslon to Ihe person considered to be in greatest need at the tlme a vacancy occurs.
Assessments are carried out in conjunction with colleagues in Social Services, Prlmary Heallh
Care Teams and hospitals. We use our resources to ensure Ihat no-one is excluded for financial
reasons, and to dellver the same qualily of care regardless of ability to pay.
Structure. Governance and Management
The charity is constituted as a company limited by guarantee, and is therefore governed by a
memorandum and articles of associalion. It has no share capital. The exlenl of the guarantee of
the Trustees is £1 each. Trustees are recruited from a wide range of professions that cover
business management, medical, finance, law, social welfare, construction and engineering.
Trustees, Inductlon and trainlng is covered by ensuring that trustees are made familiar with the
operatlon of the care home and their legal and regulatory obllgations, and are introduced lo the
financial affairs of the charity. Trustees undergo ongoing training relevant to their duties as
Trustees and speclfic lo particular areas of interest.
The trustees meet 10 tlmes per annum to manage the charlty's affairs. Day lo day management
of the home is delegated to the Registered Manager.
The trustees CO•ordlnate fundraising activities, taking professional advice as appropriate.
The trustees agaln wish lo place on record their thanks to 811 who have supported the home
during the year including statutory bodies, trusts, churches, and Friend5 of Bridgemead and
others who also carry oul fundraising activities.
The trustees actively review the major risks that the charity fac88 on a regular basls and believe
that rnaintaining reserves at current levels, combined with an annual review of Ihe controls over
key financlal systems, will provide sufficient resources in the event of adverse conditions. The
trustees have also examlned other operational and buslness risks faced by the Charity and
confirm that they have established systems to mitigate the significant risks.
ObJectives and Activities
The charity's object and its principal activity continues to be that of operating a hlgh-quality
purpose-built residential home for Ihe frail and elderly in Balh. The first residents moved in durlng
March 1992. The home provides a mlx of residenlial and nursing care for up to 32 residents.
One room is set aside for Respite Care. A day-care service (Day Club) is also normally provided
on weekdays.

Co Reg No.. 200124fj
Charily Reg 299400
Pago-5
BRIDGE CARE LIMITED
REPORT OF THE TRUSTEES
Achievements and Performance
Occupancy: At 94.1 % occupancy was up from the previous yearfs 93.7%.
Recruilment: We were very pleased to appoint Ryan lyavoo as Home Manager In 2022. Ryan
was Joined by the newly appointed Head of Care in Spring 2023. Use of Agency staff reduced
from 230/0 of care hours delivered In April 2023 to 5./0 in March 2024.
Re-opening.. We were delighted that it was possible lo re-open Day Club in May 2022. The use
of the respite room has Increased significantly In the year. Day Club and Respile revenue
doubled in the year 10 31 March 2024.
Maintenance: We have completed a significant projecl to improve deficiencies In fire protectlon
for the building identified durlng a fire risk assessmenl. We are pleased to be able to report that
the works have been completed to the satisfactlon of the inspectlng authorities with minimum
disruption to fesidents.
Rlver: We are pleased to be able to report Ihal staff responded very professionally to a flood
alert last winter. We wer8 supported by various local agencies. Plans were lested. Water
penetrated to base of the lift shaft and remedial action is now being planned to prevent a
repeat.

Co Aeg No.. 2001246
CharSly Re9 No.. 29941JD
Page-6
BRIDGE CARE LIMITED
REPORT OF THE TRUSTEES
Financlal Review
The operating deficit for housing activities before fundraising costs was £141,108 (2023
£246,5411- Donations were £48.869 (2023 £114,790) including legacles of £19,500 (2023
£25,000). Fundralsing costs were £582 (2023 - £7.099).
The Statement of Comprehensive Income shows an operating deficit on ordinary activities of
£129,562 (2023 £179.494). This Is again disappolnling result after the improvement in 2022.
Progress has been made with a small increase in occupancy and attracting and retaining
employed staff. and al the same time reducing Agency costs. £50,564 has been invested In
upgrading fire safety precautions.
Funds invested with CCLA Investment Management Limited produced a surplus on revaluation
of £84.998 an increase in value of 12.1Oh (2023 deficit - £7,178, a decrease in value of 1,00/.).
The FTSE100 Index rose by 4.2•A In this year. A disposal of £100,000 was made in the year.
Total reserves at the end of the financial year are £1.448,054 (2023- £1,491,923).
Reslrlcted Funds (funds gifted for restrlcted purposes) are £101,985 (2023 £100,897).
After recognlsing that the Fixed Assets (land, buildings and equipment) of £817,837 (2023
£853,932) cannot be easlly realised, Free Reserves amount to £528,232 {2023- £537,094) which
represents 3.1 month's operating costs. The Trustees are concerned that the charity's free
reserves have been significantly eroded after 2 difficult years end further measures have been
taken to rectify the situation. ReseNes are required to protect the operating capability of the
charlty in the event of a sudden temporary downturn in the demand for services. The Trustees
have reviewed the charlty's Reserves Policy and have decided that il is prudent to maintain a
level of free reserves of at least £400,000. Overall. Ihe present level ofreserves and the flnancial
posilion of the charity Is satisfactory.
We have bullt up a network of contacts wlth Ilke-mlnded care home groups both locally and
nationally through membership of Care England and benefit from the shared knowledge. We also
belong to Falth in Later Life.
Delails of movements in fixed assets are set out in note 8 to the accounts. The property has a
value substantially In excess of the book value.
Under the Memorandum and Articles of Assoclation, the charlty has the power to make any
Investment that the trustees see fit. The Irustees have considered the most appropriate policy
for investing funds and have found that CCLA Investment Management Limited offers the best
return with the flexlbility to meet operational needs. The charity has no material long-term
investments.

Co R89 No.. ?(K)1246
Charity Reg Nttr.. 299400
Pa9e-7
BRIDGE CARE LIMITED
REPORT OF THE TRUSTEES
Princlpal risks and uncertainties
The Trustees have assessed the major risks to which the charity is exposed, and are satisfied
that systems are in place to mitigate exposure to the major risks. Risk management has always
been a key consideration in th8 Charity's annual financial planning.
The major risks to the Charily are..
a drop in bed occupancy leadlng directly to a reduction in fee income. This is mitigated
by regular monitoring of occupancy and tight financlal control.
inability lo mainlain adequate staffing levels due to well documented pressures wilhln
the care sector.
proximity of the River Avon and the altendant flood risk. Regular reviews of procedures
and training of staff take place in relation to all emergency procedures.
Plans lor Future Perlods
Plans for future periods are belng shaped by the Trustees, commitment to respond to the needs
of a changing population, the financial pressure that the Charity faces as result of the continued
stale of underfunding for the care of older persons and the need to upgrade a buildlng that ha5
been In use for 32 years.
Flood risk - The Trustees have revlslted the options for flood defences, particularly in
the Ilght of the Increaslng rlsk of the Rlver Avon flooding as 8 result of climate change.
Prior to January 2024 the last"evenl' was in 2013 but, in the light of Environment
Agency probabllily data, the Truslees ar8 delermined to address this risk. We have
evaluated three options (60cm, 90cm and 110cm) looking al technical feasibility,
aeslhelic impact on the home, probability of flooding at each level and value for money.
Our architecls are developing the 1 Iocm option wilh the intention of awarding a contract
for constructlon later this year- 2024. Invitations to tender have been issued. We are
worklng on fundraislng and other funding options.
Recruitment and tralning. We plan lo continue with Ihe policy of maintaining a full staff
complement to maximise continuity of care for our residents. The Trustees are pleased
to note that at the date of thls reporl, the number of care hours dellvered by our own
employed staff is now far higher Ihan two years ago.
Maintenance. We have recently employed a maintenance offlcer to provlde more
focussed response to maintenance issues.
Refurbishmenl. We plan to continue with the pollGy of maintaining and upgrading
facilities. As part of Ihis plan we expect to schedule refurbishment of the central Ilft, In a
way that involves a minlmum of tlme when the lift is out of action. As noted earlier In this
report, at the same time as refurbishing the lift we will be doing some further work on the
base of the lift shaft to prevenl groundwater penetration.
Slralegic direction - The Tiustees are entering inlo an arrangeTnent with a larger
likeminded organisation that has the ability and knowledge lo provide considerable
support. We expect this arrangement to be concluded by Octobpr 2024.

Co Re9 1th'. 2001246
Charily Reg No.. 299400
Page-8
BRIDGE CARE LIMITED
REPORT OF THE TRUSTEES
statement of trustees, responslbilities
Company law and Housing Association law. both require the trustees to prepare financial
statements for each financial year which give a Irue and fair vlew of the stale of affairs of Ihe
Charitable Company at the year end. and of the Surplus of the Chafilable Company for the year
ended on that dale. In preparing those financial statements the trustees are required to..
select suitable accounting policies and apply them consistently;
make Judgments and eslimales that are reasonable and prudent..
slate whether applicable accounting standards and the Slalement of Recommended
Practice have been followed subject to any material departuros disclosed and explained
In the financlal statements; and
prepare the financial statements on a going concern basts unless It Is inappropriate lo
presume the Gharily will conlinue to operate.
The trustees are responsible for keeping proper accounting records whlch dlsclose with
reasonable accuracy at any point in time the financial positlon of the Charity and enable them to
ensure that the financial statements comply with the Companies Act 2006. the Housing
statement of Recommended Practlce 2018 whlch incorporates FRS102 and with the Accounllng
Direction for Registered Providers of Social Housing - 2019. They have general responslbility for
taking reasonable steps to safeguard the assets of the charily and to prevent and detect fraud
and other irregularities.

Co Ro9 No= 2001246
Charity Reu No.. 299400
Page-9
BRIDGE CARE LIMITED
REPORT OF THE TRUSTEES
Members of the Board
Members of the Board, who are the dlrectors for Ihe purposes of company law and Iruslees for
the purposes of charity law. who served during the year and up to the dale of this report are set
out on page 3.
In accordance with company law, as Ihe company's directors, we certify that:
So far as we are aware, there is no relevant audil information of which the company's audltors
are unaware,. and as the directors of th8 company, we have taken all steps that we ought lo have
taken in order lo make ourselves aware of any relevant audil information and to establish that
the charlty's audllors are aware of the Information.
Auditors
A resolution to re-appoint Rlchardson Swift Audit Llmited, as audltors of the charity will be put to
the Annual General Meeting.
In preparing the above report. the trustees have taken advantage of the special provislons
relating lo companies subject lo the small companies regime with Part 15 of the Companies Act
2006 and consider that thls combined report covers matters required by Company Law and
Charitles SORP {FRS102).
Approval
Thls report was approved by the board of directors and trustees on 19 August 2024.
G C Barber BA ACA
Company Secretary

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF BRIDGE CARE LIMITED
Opinlon
We have audited Ihe financial slalemenls of Bfidge Care Limited for Ihe year ended 31 March 2024 which comprise Ihe
Slalement of Comprehensive Income. Slalement of Financial Posilion, Ihe Slalemenl of Cash Flows and the note5 to the
financial stalemenls. ir4cluding a sumfflary of significant accounting policies. The financial ieporting framework Ihal has
been applied in Iheii preparation is applicable law and United Kingdom Accounting Standards, including Financial
Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (Uniled Kingdom
Generally Accepted Accounting Practice).
In our opinion. the financial stalemenl5-.
give a (rue and fair view of the slate of the charitable CA)mpanls affairs as at 31 March 2024 and of ils
income and expenditure for Ihe year then ended.,
have been propefly prepared in accordance with United Kingdom Generally Accepled Accounting Practice.,
and
have been prepared in accordance with the fequlremenls of tha Companies Ad 2006, Housing Slalemenl ol
Recommended Practice 2018 which incorporates FRS102 and comply with the Accounling Direclion lor
Reglslered Provideis ol Social Housing - 2019.
8asls for oplnion
We conducted our audit in accordance with Inlernallonal Slandards on Audillng (UK) (ISAS (UK)) and applicable law. Our
responsibllilies under those standards are further described in the Audilorfs responsibilities for the audit of Ihe accounls
seclion of our report. We are independent of the chaTilable company in accordance with the ethical requirements that are
relevant lo ouf audit of the accounts In the UK. including the FRC'S Ethical Slandafd, and we have luifilled our other
ethical responsibilities In attordance with these requirements. We believe Ihal the audit evidence we have obtained is
surficienl and appropriale lo provide a basis for opinion.
Conclusions relating to golng concern:.
In audiling the financial slalemenls, we have conduded that the Iruslees. use of the going con¢em basls of accounllng In
Ihe preparation of the financial slalemenls is appropriate.
Based on the work we have p8rfoTmed, we hav6 not identified any malerlal uncertainties ￿latIng lo events or condillons
Ihal, individually or collectively. may cast significant doubt on the charitable comp8ny's ability to continue as a going
concern for a period of al least tsvelve months frorn when the financial statements are aulhorlsed for Issue.
Our responsibililies and the respon51bililies of the Iruslees with ￿sPeCt lo golng concem are ¢Jescribed In the relevant
sections of this report.
other Informatlon
The other Informalion comprlses Ihe Informatlon Induded in Ihe annual re￿rI, other than the financial slalemenls and our
auditor's reporl Ihereon. The Truslees are responsible for Ihe other Snformalion. Our opinion on the financial slalernenls
does not cover Ihe olher information and, except lo Ihe exlenl otheThdise explicilly staled in our report, we do not express
any lorm of assurance conclusion Ihereon.
In Gonneclion wilh our audil of Ihe financial slalements. our responsibllity is lo read the olher information and, in dolng so.
conslder whelher the other inforfflallon is materially inconsistenl with the financlal slalemenls or our knowledge obtained In
the audit or olheThv15e appears lo be malerlally misslaled. If we identify such material inconsistencies or apparent material
mi5slalemenls, we are required to determine whether Ihere is a material misslalemenl in Ihe financial slalomenls or a
material misslalemenl of Ihe other information. If. based on the woth we have performed. we conclude Ihal there is a
material misslalemenl of Ihis other information, we are required lo report that f8cI.
We have nothing lo report in Ihis regard.
Opinlons on other matters prescrlbed by the Companles Act 2006
In our opinion, based on the Work undertaken in the course of our audit-.
the infoTmalion given in Ihe T(uslees' Report, for Ihe finandal year for which the finanaal slalemenls are
prepared is consistenl wilh Ihe financial slalements: and
Ihe Tfuslees, Report has been p￿pared in arKordance wrfh applicable legal requirements.
Matters on which we are required to report by exception

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF BRIDGE CARE LIMITED
In the light of Ihe knowledge and urKlerslanding of the charilable Company and ils environment oblained in Ihe course of
the audit, we have not identified material mis5lalemenls in Ihe Trustees, Report.
We have nolhing lo reporl In fespect of Ihe following mattefs in relation to which the Companies Act 2006 requires us to
report lo you if, in our opinion..
adequate accounting records have not been kept. or returns adequale for our audil have not been received (rom
branches not visited by us- or
the financial slalemenls are not in agreement with the accounting records and returns: or
certain disclosures of Iruslees, remuneration specified by law are nol made. or
we have not ieceived all the information and explanations we require for our audit; or
the Trustees were not enlilled lo prepare the financial slatemenls in accordance with Ihe small companies regime
and lake advantage of the small companies. exemption5 in preparing the Twstees, Report and Ifom Ihe
fequirement to prepare a Slralegic Report.
Responslbllltles of Trustees
As explained more fully in Ihe Statement of Trustees, Responsibilitie5, the Trustees. who are also the dlreclors for the
purpose of company law. are responsible for Ihe preparation of the financial slalemenls and for being satisfied that Ihey
give a true and falr view, and for such intemal conlrol as the dlrectors delefmine Is necessary lo enable the preparation of
financial slalements that are free from material missialemenl, whether due lo fraud or error.
In preparing the financial slalemenls. Ihe Trustees are responslble for assessing the Trust's abllity lo continue as a golng
concefn, d15closing. a5 appllcable. mallers related lo going concern and using the golng concern basls of accounllng
unles5 Ihe Trustees eilher intend lo liquidate ihe company or to cease operations. or have no realislic allernalive bul lo do
so.
Audltor's regponslbllltles for the audlt of the flnanclal statements
Our objectives are lo obtain reasonable assurance about whether the financial slalemenls a$ 8 whole are free from
material mis51alemenl, whether due lo fraud or error. and lo issue an audilorfs report that indudes our opinion.
Reasonable assur8nce is a hlgh level of assurance. but is nol a guaranlee Ihal an audll conducled in a¢cordance with
ISAS {UK} will always delecl a material misslalement when il exists. Misslalemenls can arise from fraud or error and are
consldered material if, Sndividually or in the aggregale, Ihey could reasonably be expected lo influence the economlc
decisions of users taken on Ihe basls of ihe5e financlal 51atemenls.
Irregularilies, including ffaud, afe instances of non-compllance wilh laws and regulations. We deslgn procedures in Ilne
wllh our responsibililies, outlined above, to delecl malerial misslatemenls in respect of Irregularities, including fraud. The
exlenl to which are procedures are capable of delecling irregularities. ￿ClUdIng fraud is detailed below:
We obiained an underslanding of Ihe legal and regulatory framew(Kks that are applicable lo Ihe entity by discussion with
key personnel and consSderation of our experience of this and similar seclors.
We determined Ihal the mosl slgnificant laws and regulations which have a direct Impact on the form and conlenl of the
flnandal slatements of the entity are the Companies Act, Charities Ad and UK GMP. specifically FRS102 and the
Sialemenl of Recommended Practice lor Social Housing Providers.
We determined Ihal the mosl significant operallonal laws and regulatlons for the entity are the regulatory standards set by
the Regulator of Social Housing.
Based on the results or our rlsk assessment we designed our audit procedures to Idenlify non-compllance wllh such laws
and regulations identified above. with no issues arising.
We gained an understating of the enlily's F)olicy and procedures by discussion with key personnel and substantive audit
We assessed Ihe risk of material misslalemenl in respect of fraud Ihfough our planning Processes, and no significanl
rlsks were identified.

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF BRIDGE CARE LIMITED
We considered the risk of fraud Ihrough management override and. in ￿sponSe, we incorporated lesling of manual
journal entries into our audil apwoach.
Based on the results of our risk assessment we designed our audit procedure5 lo identify and lo address material
mlsslalemenls in relalion lo fraud.
Because of the inherent limilalions of an audit. there is a risk Ihat we will not delect all irregularities, including those
leading lo a material mi5slalement in the financial slalemenls or non-compliance with regulation. This risk increases the
more that compliance wilh a law or regulation is removed from the events or Iransaclions reflecled in the financial
slalemenls, as we are less likely lo become aware of instances of non compliance.
A furlher description of our responsibililies for the audit of the financial slalemenls is located on the Financial Reporting
Council's website al: hllp.'IAw.frc.OTg.uklauditorsresponsibilities. This des¢ripllon forms part of our audllols report.
This report is made solely lo Ihe charilable company's memberg. as a body. In accordance with Chapler 3 of Part 16 of the
Companies Act 2006. Our audil work has been undertaken so that we might stale lo the charitable company's members
those matters we are required lo slate lo Ihem in an audilors. reporl and lor no other purpose. To Ihe fullesl exlenl permltted
by law, we do not accept Of assume responsibillty lo anyone other than Ihe charilable company and the charitable
Company's members as a body. for our audil work, for Ihis feport, or for Ihe opinions we have formed.
Catherine Edwards Bsc FCA (Senior Slalulory Audilor)
For and on behalf of Richardson Swift Audit Llmiled
Chartered Accounlanls
Slatulory Auditor
11 Laura Place
Bath
BA2 48L
Date:
.IEI2Ltr

BRIDGE CARE LIMITED
Page
13
STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 31 MARCH 2024
Notes
2024
2023
TURNOVER
2.056,125
1,855,373
Operating Cosls
(2,185.6671
(2.034,867)
Op•ratlng Surplus
1129,5621
(179.494)
Inloresl Receivabl8
Movemgnl In fair value of financlal in51rumgn18
s111
696
84,998
150
{7,1781
Surplus on Ordlnary Activilios before
Tax8ilon
(43,8681
1186,5221
Tax on Surplus on Ordlnary A¢tlvllles
SURPLUS FOR THE YEAR
{£43,868
£186,522
There were no other reGognlsed surpluse5 or defiGils other than those In¢luded in
the Stplemenl ol Comprèhenslve Income for the above iwo financial yeafs.
None ol the Charity'$ 8clivilies were aGqulred or dlsconlinued during Ihe year.
The Slalemenl of Comprehenslvo Income was approved by Ihe Board of Twslees on 19 August 2024 and Slgned on
Ils behall:
TJWood
G C Barber
The notes on pages 16 to 25 lorm part ofthese accounts

BRIDGE CARE LIMITED
Page
14
STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2024
Notes
2024
2023
TANGIBLE FIXED ASSETS
PropBrty, plant & equlpmenl
Inveslments
817.837
687.635
853,932
702,637
1.505.472
1,556.569
URRENT ASSETS
Siock
Deblors
Cash al Bank and In Hand
4.596
219.179
176.377
3,595
206,287
135,874
10
4LKI.152
345.756
CREDITORS.. Amounts falllng due wlthln
on• year
11
(252,074)
(192.8181
Nel Curr¢nl Assets
148.078
152,938
CREDITORS: Amounts falling due In more
than year
11
1205,4961
1217,5841
TOTAL ASSETS LESS CURRENT LIABILITIES
£1,448,054
£1,491,923
CAPITAL AND RESERVES
General Reserves
R951riGled Reserves
16
16
1.346,069
101.985
1,391,026
100,897
Tolal Funds
£1.448,054
£1,491.923
The financlal statements were approv9d by the Board of Trustees on 19 August 2024 and signed on Its
behalf..
TJWood
G C Barber

BRIDGE CARE LIMITED
Page
15
STATEMENT OF CASH FLOWS FOR THÉ YEAR ENDED 31 MARCH 2024
Notes
2024
2023
Surplus from operations
Adjuslmenls for depreciallon and impalmignl
(Increase) In value of inveslmenls
143.B681
39,801
84,998
{186.522)
52,545
7.179
(89,065)
1126,7981
Movements In workin9 capital
Ilncreaselldecrease in slocks
Ilncre8S8ydecreBs8 In deblors
Increasel{decreasel h credllor5
(1,0011
{12,8921
59,258
(456)
{94,9291
1.985
45,363
93,400
Net cash geneialed by operalng actlvlt195
143,702)
(220.1981
Inv8sling actlvlties
Payments lor property. pl8nl and equipment
Procegds of Investment dlsposal
{3,706)
100,000
(834)
CaBh Ilows from financlng actlvltles
Grant8 repald
12,088
12.088
Nel In¢reasel{decreasel In cagh and cash aquiv8lenls
Cash Bnd o8sh equlvalenls 81 the b8glnnlng of Ihe year
40,504
135.874
(233.120)
368,995
Cash and Cash equivalgnts at Ihe end of the year
£176,377
£135,874
Cash and bank balances
£176,377
E135.874
The notos on pages 16 to 25 form part of these accounts

BRIDGE CARE LIMITED
16
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ÉNDED 31 MARCH 2024
ACCOUNTING POLICIES
Basls of Accountlng
Th? flTrAncl81 518lements have been prapared k) accordance ikniièd Kkng(lom
Accounlit¥g Standards, Financial Roporting Slandanl 102 IFRS1021 and Slalemenl ol
Recommended Pr8¢llce for Soclal Houslng Providers 'HouslrvJ SORP 2014. anrs comply wkn the
Accoun15ng Dliecllon lof Private Reglslered Provklars of Soclal Houslng 2019. The acojunls a
prepored on the htslorical M91 bag1$ ol *¢0￿111)9. Yllh Iho weplljn thal knvastmen15 are
Included 01 mark¥1 Yalue.
Ibl
Tufnov•r
Tu¥nov&r ￿present3 fen181 the￿8 recefvalAe. IKome fvom daw p￿S￿n, don•llJns, fees
and lundra4sh)o ac11￿1￿8.
(¢1
Flx•d Ass•ts
The chanty ha$ d¢vtloped a $kn918 bulbjlno. Only 10 rooms oul 0132 ar8 dassif￿d a5 houslng
proporty by Ihe Homes and Communi1185 Agency. Al cosls ol d8v8lopm8nl have been allocated
propoflonats w co$1 as calthdated by Ihg (knn1ltySuN•￿r. Costs In&>Je.'
COGI olland •cqulsMknn
Co$1 of bultdlng coTrslntcilon
k51er¢51 charged on b)ons lh• dov•lcymonl pha90, •nd
DeveWn8nl •MPentlllur8
bl
D•pr•clatlon
Tanglbl• Flx•d Assels
Oeprecl8llon Is calcutsled to wrlle off the cosl ol assgls over Ihelr uaqlul Thves by Ihe
otralghf mothod •t the lor￿n9 ral•s pw arnurn:
Houslng pffjpertbi
Computer equlprnenl
Flxluio8, n11￿95 and equ￿rn•nI
2%
25%
20%
la)
Flx•d As$•t Impa5rrnonts
Al each rtportlThJ ￿rtOd •nd dale. tr• carrylry amwrts ol I￿4b￿ 898•lB are ￿￿eWed to
delerrnlne whelher Ihere Is any InoY¢alion Ihal those a8se13 have suffered An Impalm￿rtI b$$. If ary
such Indlcadan exlsts. Ihe ￿coverable amounl ol ihe a3¥el13 ￿tImale￿ In ordwlo ¢Jelemkn Ihe
exlenl ol the irnpalrmenl tos¥ (il any). ￿re11 Is nol p0$51ble lo esljmale Ihe recoveiable allwnl ol
an IndI￿d￿al assel. the fecoverabk amounl ollho cash-generntlng unil lo vllch the as$el belory$
Is esllmaled. Recov¢r#bl¢ amount15 Ihe hb3her ollali value less ¢OSts lo sèll and valLÉ In use. In
a5s85sing value In use, Ihe esiimaieo f￿￿re Cash fl¢M are dlscounled to Ihelr p¥e$enl value u$lng
Pfe-lax dlscounl rale Ihal reflecls cuffenl rnarkel ass8ssmenls ol th8 Ilme valw of ￿￿)neY and tho
rf8ks spedficlo the assel &Jr th¢h Ihe esilmak$ of future ca¥h have nol been ad￿Sted.
If the iecDverable amounl ol an a$s•l lor ¢a¥h*enerallrwJ unll) Is esllmated lo be less ihan Ils
cairylng armunl, Ihe ¢anyln9 amDunl ol Ihe a5SEt lor ca5h-geneialkng unS114s I¢d￿d lo Ils
ovei¥ble amoL¥rt.
An Impalm)enl Ios51s recegnlsed ￿Med[alerY In profit or loss. unle$s ihÈ ￿evant assel Is ¢Anled at
8 revalued arllavnt, in vknlch ¢a3e Ihe Inpalrmenl kJ$s is I￿aled as 8 (evalua￿cl)de￿ea$e.
Recognlsed Impalmient loues ai8 metsed11. Ir. Ihe leas0￿ for Irrpahmentloss Ila
ceased lo ap*.

BRIDGE CARE LIMITED
Paga
17
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
ifj
Fixed Asset Investments
Investmen15 af8 51aled al market value as al the balanGg sheel date. Th8 Slalemonl of
Comprehenslve Income InchJdes the net gwns and losses arfsing on revaluallon and dlsposals
Ihioughoul th8 year.
Igl
R&allsed Ga5n8 and Losses
All gains and losses are laken lo Ihe Slatgment ol Comprehensivo Income as Ihey arise. Realised
galns and losses In investments are calculated as Ihe differenc8 bglween salos proc8eds and
openlng markel value {purchase dale il lalerl. Unrealisèd galns and losses 8r& ealculal8d as the
difference b¢￿een Ihe mark81 v81ue at the year end and opening markgl valug (or purch8se dale il
later). Re8lised and unrealised gains are not separated in Ihe Slalemenl of Comprehonslve
Incornp.
(h}
Soclal Houslng Grant
Social Housing Grant ISHGI was r8colv6d from the Homes and Communllles Agency and was
ulilised lo fund Ihe capi181 cost ol houslng propertles. SHG is recognised as a Governrngnl Grant
and amortized over the expected life of ihe assoclaied property.
Stocks
Stocks are valued al the lower ol co81 and net ￿all¥able valu8 on an item by iigm basls of first in
first out.
111
Leased A$$g15
Renl815 payable under operaling leasos are tharged lo tha Incorne and expendlture account on a
slralghl Ilne b8sis over the lerm ol the lease.
{kl
Fund A¢Gountlng
Unreslrlcled funds are avallable for use al Iho dtscretion of the trustees In fvrlherance of Ihe
genergl obleclive8 of tho charity.
Reslrlcled funds are subjected lo reslrictions on Iheir 8xp8ndllure imposed by the donor or through
tho lemis of an appeal.

mu)0
0)￿0
c Li)
fn u) z

T￿￿1n
ry V
Il ¥
-ry
In r *

BRIDGE CARE LIMITED
Page
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENOED 31 MARCH 2024
EMPLOYEE COSTS
2024
2023
Wages and Salarles
SoGial Security Costs
Olhef penslon ¢osl$
1,311,409
108.854
23.827
982,799
76.490
16,915
£1,444,090
Number of employees r8celving emobjmenlg of mor8 than £60.000.
Band £60,001 10 £70,000
£1.076,204
The average number or ?mployees during Ihe yoar. calculated on th8 ba81s of full Ilme equivalonts
was as follows.,
Resident Manager
Administration
Day Care
Nurslng, Core Assistants and Housekeeplng
39
40
43
(N8 full Ilme Is c18Ssilled as 30 hour* ormore perpedod)
A¥grage numbèr ol employees
43
49
49
Remunerallon of 3 (21 senlor s13ff
£117.470
£116409
TRUSTEES REMUNERATION AND RELATED PARTY
TRANSAGTIONS
No Tiuslee re¢elved any remuneration during the year.
Empenses wolved by Injslges
Eo
£0
No Truslees or other p8rs¢)n related lo the charity had any personal InleTe81 in any contract Of
Iransaclion entered Into by th8 cjbarity durlng Ihe year {2023 £NILI.
Monelary donallons recelved Ifom Trustees were
Donallons rec8lv9d from conn8Glod charit188
E8.101
£1,500
£3,949
£12,081
INTEREST RECEIVABLE
2024
2023
Inlafesl recelvable on bank deposlls
£696
£150
MOVEMENT IN FAIR VALUE OF FINANCIAL INSTRUMENTS
Unrealised gains on Investments
£84,998
£7,178

BRIDGE CARE LIMITED
Page
21
NOTE5 TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
SUPLUSI{DEFICITI ON ORDINARY ACTIVITIES
BEFORE TAXATION
2Q24
2023
Deficit on ordlnary aclivi118S
belore laxalion is 518led after eharglng:
Depreclallon on Hotsslng PropertFes
DepreGl8llon on other Tangible Flxed Assets
Audllors Remtsnerallon
audll ser￿¢8S
38,452
1,349
5,700
38,4S2
14,093
5,280
TAXATION
As a charlty, 8rldg8 Care Ltd. Is exempt from lax on Incom8 and galns to Ihe exlent that these
ar8 applied lo its charitable objectives. No tax charges have afisen in the Charity.
FlxtUT•S.
fittin9$ &
equlpmenl
Freehold
land
8111 FIXED ASSETS
Bulldlng5
Total
Cost
Al 1 Aprll 2023
137,164
1.922.616
206.839
3,706
2.079
2.266,619
3,706
Addilions
Disposals
At 31 March 2024
£137,164 £1,922,616
£208,466
£2.270.325
D?prgc5atlon
Al 1 Aprll 2023
Charge foT the year
Eliminated on disposal
At 31 March 2024
1.208.696
38.452
203.991
1,349
{2.079
£203,261
1,412.687
39,801
12,0791
£1,450,409
£1,247,148
Net Book Valug
Al 31 March 2023
£137.164
£713.920
£2,848
£853,932
Al 31 March 2024
£137.164
£675,468
£5,205
£817,837
The insured value of the Companls Housing Properties was £8.407,347. (2023 £9,341,497).

BRIDGE CARE LIMITED
Page
22
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
8111) INVESTMENTS
2024
2023
Valuation Brought Forwaid
Unrealised galn on Inveslm8nls
Dlspos81 al valuation
At 31 March 2024
702.637
84.998
1100.000
£687,635
709,815
17.178)
£702,637
STOCKS
2024
2023
Food
Non-Food
2.875
1,721
2,210
1,385
£4,596
£3.595
10
DEBTORS
2024
2023
Car8 and Accommodallon Ch8rge3
Income Tax Refund
Prepaymenls and AcrAued Income
Olhfjr deblors
185.788
196.217
12,943
20,448
9.601
469
£219,179
£206,287
11
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade Credllors
Soclal Security and Other Taxes
Accruals
Oth81 Crodilors
Governmenl granl
70.473
28.959
53,715
86.839
12.088
29.334
9,835
45.327
96.235
12.088
£252,074
£192,819
CREDITORS: AMOUNTS FALUNG DUE IN MORE THAN ONE
YEAR
Govemmenl grant
2024
2023
£205,496
£Z17,584

BRIDGE CARE LIMITED
Page
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
12
CAPITAL COMMITMENTS
2024
2023
AulhoTlsed bul not contracted
Conlracled lor bul not spenl
£0
£0
13
HOUSING STOCK
2024
2023
SHG Funded
Non-SHG Funded
10
22
10
22
Bed sP8C8s In eccommodallon ovmed by Ihe A380eiation
32
32
14
AVERAGE ACCOMMODATION CHARGE
2024
2023
The 8verage weekly accommodallon charge was:
É1,276
£1,106
15
RECONCILIATION OF MOVEMENTS IN ASSOCIATION'S FUNDS
2024
2023
Op8nlng As$oc4allon's Fund
1.491.924
1,678,446
Surplu81(Dellclll lor Ihe1Snan¢lal year
{43,868)
(186.5221
C1081ng Associallon Funds
£1,448,055
£1,491,924

BRIDGE CARE LIMITED
Page
24
NOTES TO THE HNANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
16
RESERVES
Asat
01.04.Z023
Fund
Translers
Asal
31.03.2024
Incom
Exp•ndllur¢
Restrlcted Reserves
The R8y King Memth781
Fund
Slaff Fund
Pmjects Fund
R8spil8 Fund
Day Club Fund
Flood Re*ll8nco Fund
18.484
1.947
1,564
4,711
{4,549)
11.5641
17.2581
15.882
6,254
3,707
350
75,809
1148)
{5,400)
202
82,194
13,449
11,6641
Total Reslrlctéd
Reserves
100,897
21,671
(18.919}
11,6641
101,98S
Unrgslrlctod Reserves
General Fund5
1,391,026
2.120,147 {2.166,768)
1,664
1.346,069
Total Rèserves
£1.491,923
£2,141,818
1£2,185,6871
£1.448,054
Purpos88 of R•8trl¢t8d Fund$
The Ray King Mgmortal Fund
This fund has been eslabllshed to top up fees pald by Social S8rvlces lo the level paid by private
resldents.
Slaff Fund
Thls reserve conslsls of donallons made speclfically towards staff welfare.
Projecls Fund
Thls fund conslsts ol donations recelved towards the costs of various projects carded out al
Bridgemead.
Respile Fund
This reserve conslsts of donalions made specifically towards the provlslon of resplte ¢are.
Day Carn Fund
Thls reseNe conslsls of donallons made specifically towards Ihe provision of day care servlcos.
Flood Resllience Fund
This reserve consists of donations made specifically It)wards Ihe ongolng redèv81opment of
Bridgemead. Followlng the decision to place the major refurbismenl prolecl on hold, a transfer
to general funds has been made to cover expendtture Ihal would have taken Pla￿ as part of
the refurbishment.

BRIDGE CARE LIMITED
Page
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
17
ANALYSIS OF NET ASSETS BETWEEN FUNDS
General
Funds
Rgstrlctgd
Funds
Tolal
Tangible Fixed A55els
Inveslmenls
Current Assetg
Current Liabilities
Non current liabllit169
817.837
687.635
298.167
(252,074)
05.496
817,837
687,635
400,152
1252.0741
{205.4961
101,985
Ngt As¥¢ts as at 31 March 2024
£1.346.069
£101,985
£1,448,054
18
OPERATING LEASE COMMITMENTS
The charllable company has oul$landing commllmenis under non-¢ancellable operallng18ases lolalllng
£44,481. (2023- £52,760)