Docusign Envelope ID: 4926B90F-9A2D-4FE3-BDB1-A0B8D6D7F9A9
Charity number: 801885
THE BRIDGE CHARITY
UNAUDITED
TRUSTEES' REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2025
Docusign Envelope ID: 4926B90F-9A2D-4FE3-BDB1-A0B8D6D7F9A9
THE BRIDGE CHARITY
CONTENTS
| Page | |
|---|---|
| Reference and Administrative Details of the Charity, its Trustees and Advisers | 1 |
| Trustees' Report | 2 - 3 |
| Independent Examiner's Report | 4 - 5 |
| Statement of Financial Activities | 6 |
| Balance Sheet | 7 |
| Notes to the Financial Statements | 8 - 15 |
Docusign Envelope ID: 4926B90F-9A2D-4FE3-BDB1-A0B8D6D7F9A9
THE BRIDGE CHARITY
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 5 APRIL 2025
Trustees Dr P Barratt Mr H Reid Mr G Morrissey (appointed 9 January 2025) Charity registered number 801885 Principal office 251 Hungerford Road Islington London N7 9LD Accountants Hillier Hopkins LLP Chartered Accountants Radius House 51 Clarendon Road Watford Hertfordshire WD17 1HP
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Docusign Envelope ID: 4926B90F-9A2D-4FE3-BDB1-A0B8D6D7F9A9
THE BRIDGE CHARITY
TRUSTEES' REPORT FOR THE YEAR ENDED 5 APRIL 2025
The Trustees present their Report with the financial statements of the Charity for the year ended 5 April 2025. The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP 2019) and FRS 102 ‘Accounting and Reporting by Charities’.
Structure, Governance and Management
Governing document
The Charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.
Aims and Objectives
To advance the education of the students of the Bridge MAT Limited, (formerly known as the Bridge London Trust) by providing and assisting in the provision of resources and equipment not funded by DfE or local authority grants. To promote activities which support the trust in offering a broad and balanced curriculum and care for pupils of different abilities between the ages of 5 and 19.
Risk management
The Trustees have a duty to identify and review the risks to which the Charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. The Trustees have continued to review and manage the risks throughout the year.
Public Benefit
The Trustees have taken into account the Charity Commission’s general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. The Trustees’ report demonstrates their commitment to providing public benefit.
Achievements
In 2024/25 we increased campaigns through JustGiving for both unrestricted Charity funds and also for individual schools with specific priorities.
The Seckford Foundation, our longest standing supporter of 25 plus years also generously contributed directly as well as supporting with donations from their Annual Bike Ride. Our two year partnership with Active Norfolk, supporting the development of sport and physical activity in The Bridge Easton school has sadly come to it’s natural conclusion. They have contributed richly to the physical development of the young people at the school and ensured the strategies and implementation can be continued from what the school has learned.
Donations continue to support outdoor learning and sensory spaces in this period, most significantly an outdoor reflection and memorial space dedicated to a young person who is sadly no longer with us. This project was funded by an amazing past member of staff who ran the London Marathon, raising funds in commemoration.
Our Michael Streat & Woodbridge Teaching Bursary continues to allow The Bridge Trust staff to achieve QTS through a range of pathways. These pathways would not otherwise have been accessible to the 4 individuals that received the Bursary this year.
There has been growth and development of fundraising activities within the schools, from creative events to the most valuable engagement of parents co-ordinating a range of activities.
Financial Review
During the year total income was £133,363 (2024: £171,566) and expenditure was £145,613 (2024: £10,731). At the year ended 5 April 2025 total reserves carried forward were £204,736 of which £11,932 were unrestricted (2024: £25,301) and £192,768 restricted (2024: £191,685). Reserves are held in line with restrictions.
The Trustees have worked to eradicate the deficit on unrestricted funds by managing costs, having considered the charity’s cash flow and future income commitments for the financial year. Following this they are satisfied that the charity is a going concern for the next 12 months.
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Docusign Envelope ID: 4926B90F-9A2D-4FE3-BDB1-A0B8D6D7F9A9
THE BRIDGE CHARITY
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025
Approved by order of the members of the board of Trustees and signed on their behalf by:
................................................ Dr P Barratt (Trustee)
05-02-2026 Date:
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Docusign Envelope ID: 4926B90F-9A2D-4FE3-BDB1-A0B8D6D7F9A9
THE BRIDGE CHARITY
INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 5 APRIL 2025
Independent Examiner's Report to the Trustees of The Bridge Charity ('the Charity')
I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 5 April 2025.
Responsibilities and Basis of Report
As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent Examiner's Statement
Your attention is drawn to the fact that the Charity has prepared the accounts in accordance with 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) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.
I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or
-
the accounts do not accord with those records; or
-
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.
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Docusign Envelope ID: 4926B90F-9A2D-4FE3-BDB1-A0B8D6D7F9A9
THE BRIDGE CHARITY
INDEPENDENT EXAMINER'S REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025
This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an Independent Examiner's Report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report.
Signed: Louise Cherry ACA
05-02-2026 Dated:
Hillier Hopkins LLP Chartered Accountants Radius House 51 Clarendon Road Watford Hertfordshire WD17 1HP
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Docusign Envelope ID: 4926B90F-9A2D-4FE3-BDB1-A0B8D6D7F9A9
THE BRIDGE CHARITY
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5 APRIL 2025
| Note Income from: Donations and legacies 3 Other trading activities 4 Total income Expenditure on: Charitable activities 5 Total expenditure Net movement in funds Reconciliation of funds: Total funds brought forward Net movement in funds Total funds carried forward |
Unrestricted funds 2025 £ - 3,885 3,885 15,807 15,807 (11,922) 23,890 (11,922) 11,968 |
Restricted funds 2025 £ 129,478 - 129,478 129,806 129,806 (328) 193,096 (328) 192,768 |
Total funds 2025 £ 129,478 3,885 133,363 145,613 145,613 (12,250) 216,986 (12,250) 204,736 |
Total funds 2024 £ 157,600 13,966 |
|---|---|---|---|---|
| 171,566 | ||||
| 10,731 | ||||
| 10,731 | ||||
| 160,835 | ||||
| 56,151 160,835 |
||||
| 216,986 |
The Statement of Financial Activities includes all gains and losses recognised in the year.
The notes on pages 8 to 15 form part of these financial statements.
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Docusign Envelope ID: 4926B90F-9A2D-4FE3-BDB1-A0B8D6D7F9A9
THE BRIDGE CHARITY
BALANCE SHEET AS AT 5 APRIL 2025
| 2025 | 2024 | ||||
|---|---|---|---|---|---|
| Note | £ | £ | |||
| Current assets | |||||
| Debtors | 9 | 10,000 | 50,000 | ||
| Cash at bank and in hand | 204,516 | 174,006 | |||
| 214,516 | 224,006 | ||||
| Current liabilities | |||||
| Creditors: amounts falling due within one | |||||
| year | 10 | (9,780) | (7,020) | ||
| Total net assets | 204,736 | 216,986 | |||
| Charity funds | |||||
| Restricted funds | 11 | 192,768 | 193,096 | ||
| Unrestricted funds | 11 | 11,968 | 23,890 | ||
| Total funds | 204,736 | 216,986 |
The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:
................................................
Dr P Barratt
(Trustee)
05-02-2026 Date:
The notes on pages 8 to 15 form part of these financial statements.
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Docusign Envelope ID: 4926B90F-9A2D-4FE3-BDB1-A0B8D6D7F9A9
THE BRIDGE CHARITY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
1. General information
The Bridge Charity is an unincorporated charity. The registered address The Bridge MAT, 251, Hungerford Road, London, N7 9LD.
2. Accounting policies
2.1 Basis of preparation of financial statements
The financial statements 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), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
The Bridge Charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
2.2 Going concern
The trustees have assessed whether the use of going concern is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern. The trustees have made this assessment for a period of at least one year from the date of the approval of these financial statements. In particular, the trustees have considered the charity forecasts and projections and have taken account of pressures on income. After making enquiries, the trustees have concluded that there is a reasonable expectation that the charitable company has adequateresources to continue in operational existence for the foreseeable future.
2.3 Income
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity, this is normally upon notification of the interest paid or payable by the bank.
2.4 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources.
Expenditure on charitable activities includes donations made to other charities. Grants paid to charities and individuals are approved by trustees at meetings before formally being sent to the respective beneficiaries and accounted for by the Trust. Governance costs includes only the independent examiners fees.
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Docusign Envelope ID: 4926B90F-9A2D-4FE3-BDB1-A0B8D6D7F9A9
THE BRIDGE CHARITY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
2. Accounting policies (continued)
2.5 Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
2.6 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
2.7 Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of Financial Activities as a finance cost.
2.8 Financial instruments
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
2.9 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
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Docusign Envelope ID: 4926B90F-9A2D-4FE3-BDB1-A0B8D6D7F9A9
THE BRIDGE CHARITY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
3. Income from donations and legacies
| Restricted | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2025 | 2025 | 2024 | |
| £ | £ | £ | |
| Donations | 129,478 | 129,478 | 157,600 |
4. Income from other trading activities
Income from fundraising events
| Unrestricted | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2025 | 2025 | 2024 | |
| £ | £ | £ | |
| Fundraising events | 3,885 | 3,885 | 13,966 |
5. Analysis of expenditure on charitable activities
- Summary by fund type
| Unrestricted funds 2025 £ Charitable activities 15,807 Total 2024 4,391 |
Restricted funds 2025 £ 129,806 6,340 |
Total 2025 £ 145,613 10,731 |
Total 2024 £ 10,731 |
|---|---|---|---|
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Docusign Envelope ID: 4926B90F-9A2D-4FE3-BDB1-A0B8D6D7F9A9
THE BRIDGE CHARITY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
6. Analysis of expenditure by activities
| Charitable activities Total 2024 Analysis of direct costs Other Restricted Expenditure Easton Physical Activities Sensory Garden Sensory Room |
Activities undertaken directly 2025 £ 129,806 6,340 |
Support costs 2025 £ 15,807 4,391 Charitable activities 2025 £ 17,755 12,765 14,996 84,290 129,806 |
Total funds 2025 £ 145,613 10,731 Total funds 2025 £ 17,755 12,765 14,996 84,290 129,806 |
Total funds 2024 £ 10,731 |
|---|---|---|---|---|
| Total funds 2024 £ 4,216 - 1,754 370 |
||||
| 6,340 |
7. Staff costs
There were no staff employed by the charity other than Trustees, who received no remuneration.
8. Trustees' remuneration and expenses
During the year, no Trustees received any remuneration or other benefits (2024 - £NIL) .
During the year ended 5 April 2025, no Trustee expenses have been incurred (2024 - £NIL) .
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Docusign Envelope ID: 4926B90F-9A2D-4FE3-BDB1-A0B8D6D7F9A9
THE BRIDGE CHARITY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
9. Debtors
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Due within one year | ||
| XIX Donation | - | 50,000 |
| Accrued income | 10,000 | - |
10. Creditors: Amounts falling due within one year
| Related party loan Accruals |
2025 £ 7,020 2,760 9,780 |
2024 £ 4,320 2,700 |
|---|---|---|
| 7,020 |
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Docusign Envelope ID: 4926B90F-9A2D-4FE3-BDB1-A0B8D6D7F9A9
THE BRIDGE CHARITY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
11. Statement of funds
Statement of funds - current year
| Balance at 6 April 2024 £ Unrestricted funds General Funds 23,890 Restricted funds Seckford Foundation 8,595 Fanmakers 3,500 Sammy Brett 2,812 MADL - TBP - Bikes 2,374 Marathon 2,018 Sensory Garden 14,996 ILS Playground (4,000) XTX Donation - ILS 50,000 Hungerford Primary 3,002 ILS Sensory Room 93,529 TBILS Gen 25 MADL - TBILS 1,180 Satellites Outward Bound 2,200 Easton Physical Activities 12,865 Easton Active Partnership - TB School - Just giving - National Education Nature Park - 193,096 Total of funds 216,986 |
Income £ 3,885 47,030 - - - - - 4,000 - - 1,205 - - - 5,157 21,551 32,506 8,029 10,000 129,478 133,363 |
Expenditure £ (15,807) (594) (3,500) (2,812) (2,374) (2,018) (14,996) - - - (84,290) (25) (1,180) (2,200) (12,765) - (2,620) (432) - (129,806) (145,613) |
Transfers in/out £ Balance at 5 April 2025 £ - 11,968 - 55,031 - - - - - - - - - - - - (50,000) - - 3,002 50,000 60,444 - - - - - - - 5,257 - 21,551 - 29,886 - 7,597 - 10,000 - 192,768 - 204,736 |
Transfers in/out £ Balance at 5 April 2025 £ - 11,968 - 55,031 - - - - - - - - - - - - (50,000) - - 3,002 50,000 60,444 - - - - - - - 5,257 - 21,551 - 29,886 - 7,597 - 10,000 - 192,768 - 204,736 |
|---|---|---|---|---|
| 55,031 - - - - - - - 3,002 60,444 - - - 5,257 21,551 29,886 7,597 10,000 |
||||
| 192,768 | ||||
| 204,736 |
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Docusign Envelope ID: 4926B90F-9A2D-4FE3-BDB1-A0B8D6D7F9A9
THE BRIDGE CHARITY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
11. Statement of funds (continued)
Statement of funds - prior year
| Unrestricted funds General Funds Restricted funds Seckford Foundation Fanmakers Sammy Brett MADL - TBP - Bikes Marathon Sensory Garden ILS Playground XTX Donation - ILS Hungerford Primary ILS Sensory Room TBILS Gen MADL - TBILS Satellites Outward Bound Easton Physical Activities ILS Summer Barbecue Total of funds |
Restated Balance at 6 April 2023 £ 13,815 8,811 3,500 2,812 2,374 1,708 16,750 - - 1,591 4,085 25 680 - - - 42,336 56,151 |
Income £ 13,966 - - - - 310 - - 50,000 1,411 89,814 - 500 2,200 12,865 500 157,600 171,566 |
Expenditure £ (3,891) (216) - - - - (1,754) (4,000) - - (370) - - - - (500) (6,840) (10,731) |
Restated Balance at 5 April 2024 £ 23,890 8,595 3,500 2,812 2,374 2,018 14,996 (4,000) 50,000 3,002 93,529 25 1,180 2,200 12,865 - 193,096 216,986 |
|---|---|---|---|---|
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Docusign Envelope ID: 4926B90F-9A2D-4FE3-BDB1-A0B8D6D7F9A9
THE BRIDGE CHARITY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025
12. Analysis of net assets between funds
Analysis of net assets between funds - current year
| Unrestricted funds 2025 £ Current assets 21,748 Creditors due within one year (9,780) Total 11,968 |
Restricted funds 2025 £ 192,768 - 192,768 |
Total funds 2025 £ 214,516 (9,780) 204,736 |
|---|---|---|
Analysis of net assets between funds - prior year
| Current assets Creditors due within one year Total |
Unrestricted funds 2024 £ 32,321 (7,020) 25,301 |
Restricted funds 2024 £ 191,685 - 191,685 |
Total funds 2024 £ 224,006 (7,020) 216,986 |
|---|---|---|---|
13. Related party transactions
During the year recharges of £2,760 (2024: £2,700) were incurred in relation to the Independent Examination and to a proportion of salary costs for a partnership and communications officer employed by The Bridge MAT Limited, of which P Barratt is CEO and Trustee.
During the year there were two elements of donations made to The Bridge MAT Limited, £47,852 (2024 - £6,840) relating to restricted activities and £Nil (2024: £1,191) relating to unrestricted activities.
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