Bridge 86 Ltd. Trustee Report (incorporating the directors report)
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Bridge Support Report of the Trustees and Financial Statements
Year ended 31 March 2024
Company number: 02162224 Charity Registration Number: 802227
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Bridge 86 Ltd. Trustee Report (incorporating the directors report)
Feedback from our clients and partners...
“Lam writing to express my deepest gratitude to Bridge for the unwavering
support and assistance provided to me and my family during an
exceptionally challenging time. In particular, | would like to extend my
heartfelt thanks to our support worker for her remarkable dedication and
tireless efforts in aiding us. She has been the linchpin in our support
network, going above and beyond to ensure that we received the
assistance we needed. Her diligence in navigating benefit entitlements,
pursuing answers, and facilitating support from organisation such as Haig
Housing and the Royal British Legion has been truly invaluable."
“Some words | received today from the mental health nurse at
the local medical practise. When | accompanied my client for
his injection the nurse said “| have never seen him being as
well supported as he is now he has moved to Bridge services.”
She said “ the change in his demeanor and mood has increased
in a positive way and!am so happy to see him finally get the
best support possible, that he has always needed.” She
thanked us all as a staff team for meeting his needs and going
the extra mile.”
“Being at Bridge has been very helpful and an invaluable
step in coming out of hospital. The staff have remained
very professional, kind and supportive. | have valued
their input and consideration of my needs. |.am really
gratefulfor the help | have received at a very stressful
period in my life. Thank you”
“| would like to take this opportunity to express my gratitude for
the service that your support worker provided for one of my service
users. Your support worker worked very hard with my service user
and went above and beyond to support him. My service user had
issues with his housing and his mental health, which your support
worker proactively assisted with, and was a very influential and
supportive ally. He helped him with a range of practical support,
(form filling etc) and the relentless assistance he gave regarding
the housing issues were greatly appreciated.”
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Bridge 86 Ltd
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Bridge 86 Ltd. Trustee Report (incorporating the directors report)
Message from the Chair and Chief Executive Pring, George Wilkinson, Chair of Bridge Support are 7 This Trustees’ report and the financial statements detail both the achievements |mee / very real challenges that it has faced. New services have been opened, existing -g> and progress that Bridge Support has made in the past 12 months as well as the 2 Prat services have been consolidated, and above all more clients supported. All this at a time when the financial constraints on our commissioners and partners have been extremely severe. These have affected us as well. Nonetheless the words of our clients, and the details of their various journeys through our services, that you will find throughout the report, say it all. Our aim at Bridge is straightforward: to help and support our clients to enjoy the same freedom, opportunities and everyday pleasures that most people take for granted. We understand that people with multiple disadvantages are most at risk of being socially excluded — and that mental health conditions can be both a cause and a consequence of social exclusion. This drives us to develop new services, to move into new areas, and to think deeply about how best Bridge may help address this. None of this is easy and none of this would be possible without the dedication and hard work of everyone who works for Bridge; without the leadership of Raymond and his executive team, and without the challenge and support that the board of Trustees, past and present, have provided. | would like to thank each and every one of you for what you do. This will be my last message to you as chair. In the past nine years | have seen Bridge grow to become the largest provider of mental health and wellbeing services to residents in the Royal Borough of Greenwich, the sole provider of mental health supported accommodation in Essex, a provider of 24 hour complex care in South West London, as well as providing courses and workshops for people who are currently or have previously lived with mental illness, their families and carers in its Recovery College in Woolwich. We continue to provide 24 hour support at our forensic Tilt project as well as at our two hostels in Sidcup Road and Wrottesley Road, we have developed Bridge Back Home to support people being discharged from hospital, and have played a key role in developing and supporting both the Greenwich Mental Health Hub and the Community Mental Health Rehabilitation and Enablement Plus Service.
| am not the only Trustee standing down and | would like to thank Dave Baldock, who has steered the Finance and Audit Committee for the past nine years, and Nicola Williams for all their support and hard work on the Trustee Board. At the same time we have been able to recruit new Trustees and are very pleased that Craig Leland, Nikola Blair, and Retna Theverajah have joined the Board. It has been an enormous privilege to have been able to play a small part in all of this and | am delighted that as | stand down, Debbie Stump, our new chair, will take this forward. | wish her, and everyone at Bridge, the very best for the future.
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Bridge 86 Ltd. Trustee Report (incorporating the directors report)
Raymond Sheehy, Chief Executive of Bridge Support
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r me In reflecting on the last year at Bridge, | have thought about a number of
* challenges that have kept us vigilant and ever mindful of how we are doing
‘ } throughout the year. Working in a financially sustainable way is being challenged
« a4 by the ever-increasing cost of living pressures, utility bills and the increases in the
é “~\ . a costs of doing business, whether through suppliers or equipment costs. There are
fA ¥ increasing demands to create more service for less resource where contract
prices have not reflected the real-world changes to inflation. Our staff and our clients have seen the
pound in their pocket not go as far as before these pressures were bought to bear.
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The business development challenges were numerous. Reaching more people, developing new projects or winning new work through tenders have remained a high priority. Securing existing contracts and maintaining the Bridge culture and ethos continue to underpin our growth. Making sure that we are a first choice for potential employees who want to work in mental health and support remains a goal and a challenge. Add this to the London Living Wage and Living Wage increases as a major factor in financial and organisational planning, so again this year we engaged with the staff on how best to help and maintain our years-long commitment to being a Living Wage Foundation member. What becomes obvious in what | have set out above is that it becomes increasingly clear that our main challenges going forward are financial.
Against this backdrop there have been notable successes for Bridge, Its staff and the clients. Bridge has continued to grow and has become the only provider of supported living mental health services across the whole of Essex. The success in winning the Mid and South Essex tender late last year and the mobilisation of the new contract in April this year has delivered success for Bridge, opportunities for staff and real change and movement for the clients we have begun working with. There is a real sense of hope and optimism that the clients we now work with in these areas are moving on with their lives and are going to need less of us in the future as they move towards independence. A big thanks goes to everyone either working in the service or those working on and supporting the bid. In terms of our existing contracts, in the Royal Borough of Greenwich we continue to provide medium and flexible community support services on a contract that has seen another extension to August 2026. Our 24-hour services continue to be at capacity and have become another important part of our ‘pathway’ offer. TILT continues to be successful by the many metrics it is measured and the goal of replicating it in another area is something which is becoming closer to becominga reality. The Bridge Back Home service continues to produce results, most notably the high success rate of patients not returning to hospital so frequently once we have worked with them to get them back home after a delayed discharge has kept them there too long despite being ready. Our Recovery College is in its tenth year next year and using its educational ‘CHIME’ (Connectedness, Hope and Optimism, Identity, Meaning, Empowerment) model continues to be an example of what can be produced outside of the traditional NHS Recovery College model. The Greenwich Community Mental Health Hub of which we are a key partner of three organisations continues to develop towards offering the ’no wrong door’ for people in Greenwich with a mental health problem. We continue to meet and consult with all our stakeholders to try and deliver what is best in terms of what our clients tell us they need. Clients and staff have been surveyed, organisational team days have happened at staff, manager and Trustee level and the information gathered all feeds back into
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Bridge 86 Ltd. Trustee Report (incorporating the directors report)
our plans for the next year and beyond. Thank you to everyone who has been a part of what we
have done this year.
My last reflection is saved for the work that the Trustees do in supporting all that we do at Bridge.
We have some new Trustees to whom | welcome with great enthusiasm. We have some leavers, in
particular Dave Baldock and Nicola Williams to whom | wish good luck in whatever you do and offer
my thanks for what you have done. We will also have a new Chair and | look forward to our work
together in service of what Bridge is striving to achieve in the best interests of our clients.
Finally, George Wilkinson will be standing down after three consecutive terms as Chair of Bridge
Support. We have spoken weekly for many years and he has been a huge source of support,
encouragement and wise counsel to me in all the time that we have known each other. Words to not
do justice in terms of what he has done for Bridge but if a measure of achievement is that if you
leave something on all counts better than when you found it, then George has excelled in a way that
even he probably didn’t think was possible. My thanks to him and to everyone that has been a part
of Bridge both this year and in all previous years.
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Bridge 86 Ltd
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Bridge 86 Ltd. Trustee Report (incorporating the directors report)
About Bridge Support
Bridge Support provides a clear, proven pathway for people with long term mental health problems,
to progress towards living a more fulfilling role within the community. Our aim is simple; we help our
clients along a path that leads to them enjoying the same freedom, opportunities and everyday
pleasures that most people take for granted.
A charitable organisation, based in South London, Bridge Support has grown steadily for nearly 40
years and is now the largest provider of mental health and wellbeing services to residents in the
Royal Borough of Greenwich and the sole provider of mental health supported accommodation in
Essex as well as expanding our reach into South West London. We were originally founded to
‘bridge’ the huge gap in support between psychiatric hospital and community integration. With
community care now very much the preferred option we offer a full range of services from
supported accommodation, visiting support and a Recovery College.
Helping people with long term mental illness to recovery can be a difficult and time consuming
process and it is our co-ordinated approach, working in close collaboration with local authorities,
clinical teams, community mental health groups, and where appropriate, together with the family
and friends of our clients that has been successful. We believe that wherever possible, co-creation
should be a key element of the service we provide. We capture views, opinions and suggestions
through formal feedback mechanisms such as surveys, steering groups, suggestion boxes, quarterly
reports and also through informal discussions.
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Bridge 86 Ltd. Trustee Report (incorporating the directors report)
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Tilt Project
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Based in South East London since September 2013, our unique high support forensic hostel facility offers round the clock support for men. Bridge Support operates this scheme in partnership with Oxleas NHS Foundation Trust with a dedicated clinical team from the Bracton Centre. The project supports ex-offenders with long term mental health issues to move successfully to independent living. The founding principles of the Tilt project were based on the Tilt Report (Tilt et al, 2000) with the concept of the model dating back to 2003 as a response to the need to move people out of long term forensic mental health services.
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Bridge Support provides 24 hour social
support with Oxleas providing a high level of Tilt - % move on rate
clinical support with daily input from a 60
community in-reach team, care co- 50
ordination and an identified responsible
clinician. The project utilises strategies that 40
are recognised to be important for 30
community rehabilitation of patients with 30
offending histories, such as: community
readiness assessments, engaging clients in 10
shared goals, the presence of social 0
networks and peer relationships and 15/16 16/17 17/18 18/19 19/20 20/21 21/22 22/23 23/24
continuity of staff.
Together with the clinical team, we identify those patients in medium or low secure hospitals who
would benefit from reintegration into the community via Tilt. Our approach of active and early
involvement in ‘move-on’ planning, coupled with robust joint management of risk means that the
project is able to reduce the length
Reoffending rate secureof stay fose r vices. men in medium or low
50
This year the average length of stay
40 at the project has remained the
same as the last couple of years at 3
30 years. 50% of residents who moved
on went to independent living with
50
50% being recalled back to hospital.
10
The reoffending rate for current and
0 i past residents at the project is less
15/16 16/17/ 17/18 18/19 19/20 20/21 21/22 22/23 23/24 than 5% and in 2023/24 we
Prison* wmTilt UK population . . .
maintained our 0% reoffending rate.
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* Ministry of Justice (2022) Proven reoffending statistics quarterly
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Bridge 86 Ltd. Trustee Report (incorporating the directors report)
A client’s journey through Tilt
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Ashad moved into the Tilt Project after a number of years of
being in mental health services.
’
Whilst at Tilt resident Ashad initially struggled to maintain a
safe, clean and tidy room and required ongoing staff support
this. He also needed support with his finances as he was very
reluctant to spend his money on essential items.
» 4
Throughout his stay at Tilt resident Ashad maintained positive
relationships with staff and residents. He was supported to
engage with a weekly online photography educational
community which became very important to him.
Ashad progressed well and moved into a bedsit, before
successfully transitioning to a medium support service near to
his parents.
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Bridge 86 Ltd. Trustee Report (incorporating the directors report)
## Medium Support
Bridge Support provides 43 units of high-quality accommodation as part of the Royal Borough of Greenwich Mental Health Pathway. The accommodation is staffed 9am-9pm seven days a week and is a variety of one-bedroom flats, studios and shared houses. We provide clients with support to improve their independent living skills, get involved in social and leisure activities and access specialist services within a mutually supportive environment. Our aim is to prepare clients for a successful move to independent living within two years.
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Medium Support Services
45
40
35
30
25
20
15
10
5
0
15/16 16/17 17/18 18/19 19/20 20/21 21/22 22/23 23/24
Percentage Move On Rate
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Our move on rate in 2023/24 is considerably lower than last year. The trend which we observed last year of more people becoming acutely unwell and experiencing crisis has continued. This has resulted in fewer people being able to gain the skills they need to move on to more independence and their length of stay in our services increasing. We are working with our partners at Oxleas NHS Foundation Trust to review the interventions offered in order to help people stay well for longer.
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Bridge 86 Ltd
Bridge 86 Ltd. Trustee Report (incorporating the directors report)
A client’s journey through Medium Support
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Stella moved into Medium Support after a 9 month stay in
hospital. Her confidence was low and she was anxious about
living on her own as she had lived with her mother prior to her
admissions.
Staff have worked with Stella to increase her independence and ~ f
improve her everyday living skills, such as maintaining her flat,
and relearning her budgeting skills. Stella is a keen cook and staff
have supported her to batch cook. She frequently takes part in
cooking activities where she helps support other clients.
To increase her social confidence, staff supported Stella to the vw
recovery college, where she attends the allotment weekly. And
for the last nine months, she has been volunteering in a local
charity shop once a week. ———§
’
Stella is now preparing to move on. She has been using her
budgeting skills to save up some money so she can buy furniture
when she moves into her new home.
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Bridge 86 Ltd
Bridge 86 Ltd. Trustee Report (incorporating the directors report)
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Flexible Community Support
Bridge Support is commissioned by the Royal Borough of Greenwich to provide support to adults
living in their own independent housing. The service focuses on promoting independence and
community integration as well as helping with practical issues such as maintaining tenancies. Clients
can access from one to 20 hours of support depending on need. For many of our clients their
recovery journey is not linear, and Bridge Support takes a proactive and consistent approach to
fluctuations in clients’ mental health - increasing support when needed and taking a step back when
clients are managing well.
Flexible In 2023/24, 2023/24, FCS supported supported
Community Support 149 clients (2022/23: 123)
90 with the aim to enable our
g 80 clients to to live well and and as
2 70 independently as possible.
© 2 60 During the year 30 clients
3 2 50 successfully moved on moved on on
25% from the service with the
bp 0 majority going on to going on to on to to live
55 ” 100 Hy a — serviceindependentandindependentandand discharged ofa support ofa support support
~ 15/16 16/17 17/18 18/19 19/20 20/21 21/22 22/23 23/24 back to primary care.
'
% clients with requiring fewer support hours We review client progress
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In 2023/24, 2023/24, FCS supported supported
149 clients (2022/23: 123)
with the aim to enable our
clients to to live well and and as
independently as possible.
During the year 30 clients
successfully moved on moved on on
from the service with the
majority going on to going on to on to to live
serviceindependentandindependentandand discharged ofa support ofa support support
back to primary care.
We review client progress
every month to ensure that
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we are encouraging independence, promoting self-reliance and providing the most appropriate amount of support needed.
In 23/24, our average hourly rate per client is slightly higher than last year 2 hours compared to 1.8 hours per week. This is likely to be due to an increase in new referrals who suffer from physical health issues as well as mental ill health combined with existing clients becoming more physically unwell as they age.
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. .
Flexible In discussion with Royal Borough of
Community Support Greenwich, and where appropriate,
80 we have been moving clients to the
5 70 least amount of support possible for
& 60 example fortnightly, monthly or
2 50 support on demand - where clients
E . 40 contact us when they have a
iS 5 0 support need, usually assistance in
ox accessing a benefit or attending a
sx -0 | || Wi medical appointment.
bp 15/16 16/17 17/18 18/19 19/20 20/21 21/22 22/23 23/24
5 a In 2023/24, the proportion of clients
> Average % reduction in support hours .. .
< receiving fortnightly, monthly or on
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demand support has increased to 41% (2022/23:30%). This is due to the excellent work the team have been doing over the past year in supporting historical clients that are progressing along their journey. This client group have met the majority of their support goals and are being moved on to lower levels of support to increase their independence.
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Bridge 86 Ltd
Bridge 86 Ltd. Trustee Report (incorporating the directors report)
## A client’s journey with Flexible Community Support
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Sharika was 16 when she was first admitted to a children’s mental health
ward and spent a couple of years in and out of wards. She was referred
to FCS after she enrolled at university. She has also been recently
diagnosed with autism and an eating disorder |
Due to the Covid-19 pandemic university was mostly online and Sharika 4
struggled with the lack of face to face interaction. Bridge staff worked
with her to improve her social inclusion firstly going for walks and then
expanding into other small activities. mm
Sharika's support worker also provided her with emotional suppport A
building Sharika's confidence to face the world; encouraging her,
listening, advising and just showing her that she would be supported
through even the most trying times.
Sharika gained in confidence and stated to leave her home unsupported - vw
attending appointments, doing shopping independently. On an
emotional level, she was supported to manage her negative thoughts and
gain an understanding in how she interpreted life.
"
Sharika persevered and graduated from university with a first. She will
be spending some time volunteering for a charity before working out her
next steps.
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Bridge 86 Ltd
Bridge 86 Ltd. Trustee Report (incorporating the directors report)
## Sidcup Road & Wrottesley Road
Sidcup Road and Wrottesley Road are non-commissioned services with places available for spot purchases by local authorities or Integrated Care Boards. Bridge identified there was a gap in the market for 24-hour accommodation which built on, and improved, clients’ existing daily living skills.
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Sidcup and Wrottesley Roads
60
50
40
30
20
10
0)
19/20 20/21 21/22 22/23 23/24
Percentage Move On Rate
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Both services provide specialist move-on accommodation with an expected average length of stay of 24 months before clients are ready to move down to less supported accommodation or directly to independent living. A dedicated and experienced staff team use individual support plans, Recovery Star, alongside the care programme approach provided by the client’s clinical team, to strengthen engagement, identify aspirations and provide support that facilitates progress along their recovery pathway.
The aim at Sidcup Road & Wrottesley Road is to move clients on to lower support wherever possible. The chart below shows 2 clients moving on to lower support with other clients needing an alternative placement or a long stay hospital admission. Very sadly one client died.
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High Support Percentage Move On Destination
100
80
60
40
20
0)
sitid pendence 20/21 m= Medium ae rt | akelaative Placement"
Hospital Admission m Deceased
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Bridge 86 Ltd. Trustee Report (incorporating the directors report)
A client’s journey through Wrottesley Road/Sidcup Road services
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Johnny has been in services since his teenage years, having
spent time in various institutions and hospitals until he
moved to Bridge in 2022.
"
When he arrived, he had no independent living skills. Staff
worked with Jonny to develop his cooking skills so he could
prepare healthy home cooked meals.
Over the two years he has been with Bridge, Jonny has lost 6 vy
stone in weight and with the support of staff has started
exercising. Jonny also began to take part in more community
acitivies and make friends. _
Due to his mental health struggles since adolescence, Jonny A
struggled at school. With staff support he has recently gone
back to college to retake his Maths and English GCSEs. Staff
are now supporting him to step down to Medium Support.
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Bridge 86 Ltd
Bridge 86 Ltd. Trustee Report (incorporating the directors report)
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Essex County Council Mental Health Accommodation Services
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In 2019 Bridge Support won the contract to support 41 clients living in their own studio flats across three locations as part of the Support to Independence Service commissioned by Essex County Council. In May 2022 Essex County Council tendered for the provision of mental health accommodation services (including the Support to Independence units) for West and North East Essex. Bridge won the tender across both locations.
In October 2023 Bridge won a further tender for the provision of mental health accommodation services in Mid and South Essex for services which commenced in April 2024. We now support over 150 clients in Essex. Bridge now provides a Mental Health Supported Accommodation pathway with low, medium and high supported accommodation schemes working in partnership with a number of different accommodation providers. Our aim is to prepare clients for a successful move to lower support or on to independent living within two years, providing support to improve their daily living skills, get involved in social and leisure activities and improve the management of their mental health. In 23/24 clients moved out of the mental health pathway into independent accommodation in the community as well as sheltered accommodation which better suited their needs. We also had a number of clients whose support needs were best met by a move to residential placements.
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Essex Mental Health
Supported Accommodation Move On Destination
Pathway
20
10
)
20/21 21/22. —-22/23 23/24
Percentage Move On Rate = Independent Living = Residential Other
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As Bridge now provides a pathway of different levels of supported accommodation, clients have been moving through the pathway into the most appropriate accommodation for their support needs. In 23/24 we saw 17 clients move to lower support accommodation within the pathway.
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Bridge 86 Ltd
Bridge 86 Ltd. Trustee Report (incorporating the directors report)
A client’s journey through Support to Independence
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Alisha moved into Essex services after spending a total of 7
years in hospital and multiple suicide attempts. Whilst in
hospital she spent a lot of time in her room in bed and not
doing anything on the ward due to lack of motivation. |
>
Alisha was extremely anxious when she first moved in. She
needed support in all aspects of her daily living skills due to
becoming easily overwhelmed which in the past had lead to
self-harming. !
Alisha is now independent with all her daily living skills and A
requires far less support from staff. She can use public
transport independently no longer having the panic attacks
she had before. !
y
Alisha goes to voluntary work every week, slimming world,
the gym and has taken part in a sponsored walk for charity.
She will shortly be stepping down into lower support service.
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Bridge 86 Ltd. Trustee Report (incorporating the directors report)
The Recovery College
The Recovery College provides courses and workshops for people who are currently or have previously
lived with mental illness, their families and carers. The range of subjects include practical skills for
independent living through to vocational skills to help our students move towards the workplace, all
delivered with attention to the wellness and wellbeing that comes from attainment. The College has
over 1,200 enrolled students with over 2,000 course places offered over the year.
Unlike many other Recovery Colleges, Bridge Support’s Recovery College is located in the heart of
Woolwich and not on an NHS site. The College works to increase students’ confidence and part of [this]
is to train and equip a number of students to use their personal experience and skills to deliver courses.
Over 70% of workshops and courses are delivered by peer trainers.
In 23/24 3 new peer tutors started teaching and 60% of all Recovery College courses were delivered
by our peer tutors. The Recovery College magazine was also revamped this year and a peer tutor is
now the editor of the magazine.
An example of the amazing impact the Recovery College has is outlined below. It is the continuing
story of the Recovery College student whose words we featured in last year’s Annual Report:
My two-year journey
Last year! wrote “” A year in Recovery” where | spoke about joining the Bridge team after a short stay
in Oxleas. | mentioned how after attending the Recovery college & working with my support worker|
was able to integrate back into society, travel without fear over time & communicate; interacting
with others once more which |am extremely grateful for to this day.
As | now reflect on the end of my two-year journey in building my life |am amazed at my progress
once again &at the challenges I’ve faced.
At the start of the year journey, | continued to adjust & adapt, build on myself & | continued goal
setting & becoming better than | was the day before. | took on courses out of my comfort zone, |
gained knowledge & skills. | soon realised that this interest became hobbies.
As the year progressed, | started my peer training, this gave me confidence, in time it lifted my self-
esteem & it gave me another chance to connect with my peers further. | found that it gave me hopes
and opportunities.
Around the same time, | learned how to use the coffee machine & was able to get to know my peers
even more & opened up a door to enable me to communicate with everyone, learn their likes and
dislikes which gave me back my passion...
Connecting with others. Since then, | have passed my peer training, I’ve taught diamond art and done
sessions on journaling! I’ve learned that in fact when I say “I can’t’ | learned “I can’. When | told
myself ” it’s too hard “ | re-phased “ let me try a different way”
| also got a new support worker! She is my rock; she is my lifeline & when | need help, she is there.
She encourages, she supports , she advices but most importantly when I’m having a bad day she
listens, no judgement, no tut tut but a kind ear, a breath & we work out how to move forward. She
goes above and beyond - she is my rock in the storm, my laughter is the sunshine.
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I’ve also moved flat thanks to Bridge who were there every step of the way, by my side & still are
today! It’s scary on your own but really, I’m never alone, | have family, friends & support across the
bridge team.
Unfortunately, in November| was in ICU with a respiratory virus & | saw my fate.
lam very lucky to be here sharing my story. The amount of messages, cards & phone calls showed
me how loved | really am.
lam very grateful & for the first time | say out loud “ I’m starting to like myself once more’
All that’s left for me to say is.
Last year| wrote the following.
1. Team Bridge saved me
2. My support worker and the recovery college helped me grow
3. But! was the one who walked through the door.
This year | close on the following.
1. Team Bridge nurtured the caterpillar
2. My support worker & the recovery college gave the caterpillar the skills & tools it needed
3. But! was the one who decided to become the butterfly.
Bridge 86 Ltd
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## A client’s journey through Bridge Back Home
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Mikel attempted to take his own life after a relationship
breakdown and spent some time in ICU. He was referred to
Bridge Back Home to support him with housing, as he was
homeless and sofa surfing at his mother’s.
Mikel was unable to continue staying at his mother due to
their volatile relationship and he needed support to get his
own home.
Bridge Back Home staff completed a referral to houisng and
he was accepted on a priority band to bid for a property. This
really helped to relieve the pressure on his relationship with
his mother.
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He is now back at work as a prison officer and goes to gym to
maintain his wellbeing. He is on the way to securing housing
and has improved his relationship with his mother as well.
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Feedback from individuals supported by Bridge Back Home
“So, to start with, | hit rock bottom. | came out of hospital with support from Oxleas home treatment team. Into the Travelodge. Just really lost in life to be honest. Then | met my support worker, at the Greenwich centre in Woolwich. He was, and is a very understanding considerate person, and was just what | needed at the time. Very professional down to the finest point. He answered any concerns or queries that | had. He met me, always calming my worries with any advice and support he could give. A great guy with a big heart. I can only thank you for him for the services, he definitely has contributed towards my recovery and set me on the right path helping me with setting my foundations.”
“| would like to say how much the Bridge team have helped me so much, and | cannot put it into words on how much my support worker has been moral support for me, in all ways when | have been so low and no one else to talk to. He and the Bridge team have been a great help to me with their caring and helpful advice. Also managing my financial crisis and with everything in a day to life person, also helping me to get bidding from the council, but in all who cannot deal and bear the normal things in life. The Bridge team are amazing. | just want to say that the whole team at Bridge are such lovely people for helping people like me and other people that need help.! think that this organization is great, and we need people like this to help us. Many thanks, to you all Bridge.”
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24 hour complex care Kingston
Bridge is working with the South London Partnership providing support and accommodation for individuals with complex needs.
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After a successful 9 month pilot in
Kingston; 24 hour °% Move on rate Kingston, launched in February 2023,
70 Bridge won 2 contracts to provide
60 increased support and accommodation in
50 Kingston and in a second area in South East
40 London. This will increase the number of
30 people supported from 12 to 14 in each
20 area. Bridge is currently in the process of
10 locating a suitable properties for this
° enlarged service.
23/24
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The service provides specialist enhanced
rehabilitation support to adults typically aged 18-65 diagnosed with severe and enduring mental health needs. The service has an integrated clinical and voluntary sector shared model of care and support within an accommodation based service.
The clinical element takes the form of in-reach, which includes psychiatry, occupational therapy, nursing, and psychology input. This is provided by the South West and St George’s Mental Health Trust Community Rehabilitation Team.
The target average length of stay for individuals is 9 months with the aims and objectives of the project are to ensure that people are able to: =" Live as independently as possible = Receive their support in the least restrictive way possible. = Live in their own home by maintaining a tenancy/licence agreement, rental or ownership. =" Have choice and control over their Service, including how it is delivered and by whom. =" Receive a flexible service which responds to their individual preferences and needs.
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Move on destination
=u lndependence m# Sideways move = Recalled to hospital
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A client’s journey through 24 Complex Care
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Harri came to Kingston 24 hour services after spending 5
months in hospital. Prior to his admission he had been living
in the community but was unable to look after himself. He
was not compliant with his mental health medication, very
poor self care and substance misues issues.
Staff worked with Harris to create a weekly personal hygiene >
plan and prompted him to have showers and wash his clothes
regularly. He started looking after his beard and bought an
electric shaver to keep it trimmed. |
Harri had a kidney condition which was heavily affected by his A
substance misuse so he was referred to our COMHAD worker
who worked with him to reduce and eventually stop drinking
alcohol. |
With his new found daily living skills Harri was ready to return >
to his flat. Staff liaised with his local council to ensure repairs
were completed and utilties were working properly. AFter 10
months with Bridge Harri returned home.
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Substance Misuse worker
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.
Addiction types 23/24
|
= Drugs = Alcohol = Gambling = Pornography
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Many of our clients have substance misuse issues which can have a large impact on their lives, mental health and potential recovery. Bridge has always worked with community substance misuse organisations, supporting clients to attend appointments and working with clients to help them achieve their goals. In order to further help clients who are struggling to understand their addiction
and who need additional support within their accommodation last year we have increased the number of in-house substance misuse workers to 2.
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During 2023/24 our Substance Misuse workers supported a total of 69 clients with their addictions.
The following chart shows the different kinds of addiction for which clients have received support:
Referrals
Referrals One of the key roles of the substance misuse
23/24 workers is help support clients into community
services to assist them in their recovery. This
Mutual aid (NA, AA etc.) SIS chart shows to which services clients have been
Recovery college SE referred.
Problem gambling clinic [i
Community SUbStaNCE... [RINIINNN
0 2 4 6 8 10
Drug Reduction/successful completions ==
Alcohol Reduction Clients/Successful... —————
Successful Detox in the community by 10%,,,§_ ===
Successful Residential Detox = Outcomes
Abstinent Clients over9 months gg
Abstinent Clients over 3 months —_—=_=___
0) 2 4 6 8 10
m 23/24 m22/23
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A client’s journey through addiction
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Over a 3-year period Steve’s gambling had spiralled out of
control. He was admitted to a crisis house after family
intervened to stop him taking his own life. He was referred
to Bridge Back Home on discharge but continued to gamble. ]
His Bridge support worker referred Steve to the in-house ~~
substance misuse team. On assessment Steve displayed
symptoms usually shown by those in withdrawal from alcohol
or drugs; he was physically shaking. The team had never seen
such a severe case. |
The substance misuse team started working with Steve with ~ 4
and agreed visits 3 times a week. As part of his recovery
program Steve agreed to attend at least one Gamblers
Anonymous meeting a week and engage with Gamble Aware
through telephone calls. |
Steve recently celebrated his 1-year anniversary free from » 4
gambling. He continues to remain abstinent. On the
anniversary Steve wrote a letter to Bridge to say thank you
and he made it clear that without Bridge and the substance
misuse team he would have taken his own life.
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Bridge 86 Ltd. Trustee Report (incorporating the directors report)
## Impact
Bridge Support has used an evidence-based approach since we were established. Measuring and monitoring the impact of the services we provide via our key performance indicators assists us to improve and amend where needed.
In line with all data collection and protection guidelines we seek feedback from a variety of sources including client surveys, family and friends’ comments, etc. To improve, measure, and demonstrate the impact of our work we collate our understanding of our clients’ needs and measure our clients’ progress, enabling us to track the acquisition of a range of different skills and abilities. Across Bridge Support’s services our clients’ skills vary greatly and with a relatively high move on rate for our accommodation based services there can be a large variation from year to year. The following information about our services and their impact has been collected from the evaluation tools we currently have in place.
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Tilt Percentage Move On Destination
100%
80%
60%
40%
20%
0%
16/17 17/18 = 18/19. 19/20. 20/21. 21/22. 22/23. 23/24
mlndependent Living m24Hour mMediumSupport mi Recall
Medium Support Percentage Move On
Destination
100%
80%
60%
40%
20%
0%
16/17. 17/18 = 18/19. 19/20. 20/21. 21/22. 22/23 23/24
mlindependence mSidewaysmove mOther mHigher Support
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Percentage of Medium Support Services
Clients in Work or Training
35%
30%
25%
20%
15%
10%
0%
16/17 17/18 18/19 19/20 20/21 21/22 22/23 23/24
Percentage of Flexible Community Service Clients
in Work or Training
35%
30%
25%
20%
15%
10%
0%
16/17 17/18 18/19 19/20 20/21 21/22 22/23 23/24
High Support Percentage Move On Destination
100%
80%
60%
40%
20%
0%
19/20 20/21 21/22 22/23 23/24
m@ Independence m Medium Support m Alternative Placement
Hospital Admission m Deceased
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Essex MH Supported Accommodation Percentage Move On
Destination
100%
80%
60%
40%
20%
0%
22/23 23/24
mindependent Living Residential mOther m Sheltered accommodation
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Bridge 86 Ltd. Trustee Report (incorporating the directors report)
Shaping future services
Throughout 23/24 Bridge has been a key partner with commissioners at both Royal Borough of
Greenwich and Essex County Council in helping shape future services.
In the Royal Borough of Greenwich, Bridge is an active member of the Mental Health Alliance which
is developing a new more collaborative way of working to achieve better results for individuals with
severe and enduring mental illness.
The post of Pathway co-ordinator has been extended by another year and continues to be funded by
commissioners in Greenwich. Bridge Support hosts this service which operates on behalf of all
providers active in the Borough.
The work that Bridge completed in conjunction with Essex County Council for a more progressive
mental health pathway led to the service being tendered. As mentioned previously Bridge have
been awarded the contract for accommodation based mental health services in North East and West
Essex.
Similarly the work with the South London Partnership has led to Bridge being selected to run
services both in Kingston and South East London with new services due to start in 24/25.
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This year... Next year...
We will support an increased number of
clients with their substance misuse
issues
More clients will be taking part in
community activities
We will continue to increase our Peer
Tutor teaching rate
We will maintain our 0% re-offending
rate and help support clients to avoid
recall
We will improve our move on rate out
of Medium Support
We will continue to foster relationships
with key stakeholders to help develop
an improved accommodation offier
Next year we will continue work with a
wide group of property partners
The Pathway Co-ordinator role has
increased the referral rate to Medium
Support
GD
:
All of our services demonstrate the aGa=D>w
importance of social support in keeping
individuals well
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Bridge 86 Ltd. Trustee Report (incorporating the directors report)
Financial Review
The Directors of Bridge 86 Limited are charity trustees for the purposes of charity law. Under the
Company’s articles of association, they comprise the Board of Trustees and are referred to as Trustees.
The Trustees present their report and financial statements for the year ended 31 March 2024. In this
Report, references to Bridge Support, the Company and the Charity are to Bridge 86 Limited. Bridge
Support established a wholly owned subsidiary on 26'" July 2017 called Stir Enterprises Limited.
References to the Group are to the consolidated results of Bridge Support and Stir Enterprises Ltd.
The Trustees confirm that the financial statements comply with current statutory requirements, the
memorandum and articles of association and the Statement of Recommended Practice - Accounting
and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with
FRS 102.
Income and Expenditure
The Group has made a surplus of £18,142 (2023: £36,010) during the year. The consolidated surplus
consisted of a loss of £858 (2023: £936) for the wholly owned subsidiary of Bridge Support, Stir
Enterprises Ltd., and a surplus of £19,000 (2023: £36,946) for Bridge Support itself.
As a result of the Coronavirus pandemic Stir Enterprises Limited closed on Friday, March 20th 2020
and has not re-opened. On 22nd September 2020 the Board of Directors of Stir Enterprises Limited
agreed that the need for customers to socially distance would not allow the cafe to trade profitably,
and that the cafe would stay closed until trading conditions permit its reopening. An impairment
provision which had been made in the accounts of Bridge 86 Limited was increased to reflect in full
the intercompany balance between Stir Enterprises Limited and Bridge 86 Limited at 31st March 2024
of £286,761 (2023: £285,903). Stir Enterprises Ltd will remain dormant for the time being until other
trading opportunities arise.
Income for the year again increased substantially to £8,126,325 from £5,127,172 in 2023 (which had
itself increased substantially). This was achieved through the full year effects of winning the tender
for the High and Medium support services in North and West Essex and the full year effects of winning
the tender for opening a High support pilot for 12 clients of the South London Partnership of three
South London Clinical Care Groups.
The main elements of expenditure incurred in supporting our clients were the salaries of support
workers and the costs of renting properties to accommodate clients. The salary costs of staff, including
expenditure on agency staff, directly involved in supporting clients amounted to £4,456,533 (2023:
£2,879,463). The costs of renting properties have increased to £1,095,302 (2023: £609,613).
Balance Sheet
The balance sheet remains strong with cash holdings of £1,117,950 (2023: £1,130,019).
General Funds available stand at £1,177,949 (2023: £1,159,807).
Bridge Support had been a participating employer in the Royal Borough of Greenwich pension scheme.
During the previous financial year, to March 31st 2023, the Charity settled the adjusted full cessation
liability of the scheme amounting to £120,000 following the death of the last member.
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Bridge 86 Ltd. Trustee Report (incorporating the directors report)
Reserves Policy
At the end of the year reserves amounted to £1,177,949 (2023: £1,159,807) which represented 1.74
(2023: 2.73) months’ worth of expenditure. The level of the Charity’s reserves are considered at board
meetings which are held every two months. The reserves policy, which was reviewed by the Finance
and Audit Sub Committee and Board in November 2024, is to maintain unrestricted funds at a level
equivalent to three months expenditure. The reduction in the measure of the months’ worth of
expenditure held in reserves is a reflection of the growth of the expenditure base to deliver the new
contracts noted above.
The Finance and Audit Sub Committee and Board also considered an alternative risk weighted reserves
policy in November 2024, based on the same methodology considered in 2015, 2017, 2021 and 2022.
They assessed the level of risk of a significant drop in the level of funding, applied this level of risk to
the key areas of expenditure which might require reserves to be utilised to meet financial obligations
and concluded that they covered the financial obligations 1.73 times (2022: 2.28 times).
Furthermore they believe that there are sufficient reserves in place to remain a going concern for at
least 12 months from date the Annual Report and Accounts are approved.
Principal Risks and Uncertainties
The increases in inflation and the cost of living crisis have resulted in the second successive significant
increase in the hourly rates of pay published by the Living Wage Foundation. These increases
amounted to 10.1% outside of London and by 8.2% in London in 2023 and were followed by further
increases in hourly rates of 10% both within London and outside of London in 2024. As a member of
the Living Wage Foundation Bridge Support has increased the salaries of its staff to these levels.
The risks of the impacts of higher levels of inflation and the cost of living crisis are monitored closely
with the production of regular management accounts which are scrutinised by the Finance and Audit
Sub-Committee and then Board, and where necessary remedial action taken. Living Wage increases
have been discussed with commissioners to fund these increases.
Services for the support of 161 clients in the Mid and South of Essex have been tendered and were
awarded to Bridge Support with effect from April 2024. Contracts with the Royal Borough of
Greenwich for Medium Support and Flexible Community Support have been extended to 31%
January 2025 whilst we understand that these contracts will be subject to Direct award rather than
competitive tendering.
Trustees have assessed other major risks to which the Charity is exposed, and to the best of their
knowledge are satisfied that appropriate systems are in place to mitigate exposure to those risks.
The Charity maintains a Risk Register that is reviewed by the Executive team, and this is then
considered by the Trustees. Specific risks and uncertainties are considered within the Risk Register.
The Trustees have identified key risks include achieving contract pricing uplifts for services and
maintaining full capacity in projects to avoid the under-recovery of housing benefit.
Bridge has sought opportunities for providing support to clients in neighbouring areas and as a result
in likely to provide further services in the south west of London, building on the pilot which started in
Kingston in February 2023.
Key Management Remuneration
The Remuneration Committee reviews the remuneration of the Executive Team, within the terms of
the framework and policy agreed by the Board and makes appropriate recommendations.
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Bridge 86 Ltd. Trustee Report (incorporating the directors report)
Independent auditor’s report to the members of Bridge 86 Limited
Opinion
We have audited the financial statements of Bridge 86 Limited (the ‘parent charitable company’) for
the year ended 31 March 2024 which comprise the Consolidated Statement of Financial Activities
incorporating the Income and Expenditure account, the Consolidated and Charity Balance Sheet, the
Consolidated Statement of Cash Flows and the related notes to the financial statements, including
significant accounting policies. The financial reporting framework that has been applied in their
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 (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
e give a true and fair view of the state of the group and parent charitable company’s affairs as
at 31 March 2024, and of the group’s incoming resources and application of resources,
including its income and expenditure, for the year then ended;
e have been properly prepared in accordance with United Kingdom Generally Accepted
Accounting Practice; and
e have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and
applicable law. Our responsibilities under those standards are further described in the Auditor’s
responsibilities for the audit of the financial statements section of our report. We are independent
of the group and parent charitable company in accordance with the ethical requirements that are
relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and
we have fulfilled our other ethical responsibilities in accordance with these requirements. We
believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for
our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the trustees’ use of the going concern
basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to
events or conditions that, individually or collectively, may cast significant doubt on the group or
parent charitable company's ability to continue as a going concern for a period of at least twelve
months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are
described in the relevant sections of this report.
Other information
The other information comprises the information included in the trustees’ annual report, other than
the financial statements and our auditor’s report thereon. The trustees are responsible for the other
information contained within the annual report. Our opinion on the financial statements does not
cover the other information and, except to the extent otherwise explicitly stated in our report, we
do not express any form of assurance conclusion thereon.
Bridge 86 Ltd
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Our responsibility is to read the other information and, in doing so, consider whether the other
information is materially inconsistent with the financial statements or our knowledge obtained in
the course of the audit or otherwise appears to be materially misstated. If we identify such material
inconsistencies or apparent material misstatements, we are required to determine whether this
gives rise to a material misstatement in the financial statements themselves. If, based on the work
we have performed, we conclude that there is a material misstatement of this other information, we
are required to report that fact.
We have nothing to report in this regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
e the information given in the trustees’ report (incorporating the directors’ report) for the
financial year for which the financial statements are prepared is consistent with the
financial statements; and
e the directors’ report included within the trustees’ report has been prepared in
accordance with applicable legal requirements.
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the group and parent charitable company and its
environment obtained in the course of the audit, we have not identified material misstatements in
the directors’ report
We have nothing to report in respect of the following matters in relation to which the Companies
Act 2006 requires us to report to you if, in our opinion:
e adequate accounting records have not been kept, or returns adequate for our audit
have not been received from branches not visited by us; or
e the financial statements are not in agreement with the accounting records and returns;
or
e certain disclosures of directors’ remuneration specified by law are not made; or
¢ we have not received all the information and explanations we require for our audit; or
e the Trustees were not entitled to prepare the financial statements in accordance with
the small companies’ regime and take advantage of the small companies’ exemptions in
preparing the directors’ report and from the requirement to prepare a strategic report
Responsibilities of trustees
As explained more fully in the trustees’ responsibilities statement, the trustees (who are also the
directors of the group and parent charitable company for the purposes of company law)
are responsible for the preparation of the financial statements and for being satisfied that they give
a true and fair view, and for such internal control as the trustees determine is necessary to enable
the preparation of financial statements that are free from material misstatement, whether due to
fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the group and
parent charitable company’s ability to continue as a going concern, disclosing, as applicable, matters
related to going concern and using the going concern basis of accounting unless the trustees either
intend to liquidate the charitable company or to cease operations, or have no realistic alternative
but to do so.
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Auditor’s responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
We gained an understanding of the legal and regulatory framework applicable to the group and parent Charitable Company and the sector in which it operates and considered the risk of the group and parent Charitable Company not complying with the applicable laws and regulations including fraud in particular those regulations directly related to the financial statements, including financial reporting, and tax legislation. In relation to the operations of the group and parent Charitable Company this included compliance with the Charities Act 2011 and Companies Act 2006.
The risks were discussed with the audit team and we remained alert to any indications of noncompliance throughout the audit. We carried out specific procedures to address the risks identified. These included the following:
Reviewing minutes of Board meetings, reviewing any correspondence with the Charity Commission, agreeing the financial statement disclosures to underlying supporting documentation, and made enquiries of management and officers of the group and parent Charitable Company. We have also reviewed the procedures in place for the reporting of any incidents to the Trustee Board including serious incident reporting of these matters as necessary with the Charity Commission. We reviewed expenditure on legal fees during the period and the risk register maintained by the charitable group.
Management override: To address the risk of management override of controls, we carried out testing of journal entries and other adjustment for appropriateness. We also assessed management bias in relation to the accounting policies adopted and in determining significant accounting estimates.
Because of the inherent limitations of an audit, there is the risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or noncompliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involved intentional concealment, forgery, collusion, omission or misrepresentation.
A further description of our responsibilities is available on the Financial Reporting Council’s website at:
~~https://www.frc.org.uk/Our-Work/Audit/Audit-and-assurance/Standards-and-guidance/Standardsand-guidance-for-auditors/Auditors-responsibilities-for-audit/Description-of-auditorsresponsibilities-for-audit.aspx.~~
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All of the above results are derived from continuing activities. The attached notes form part of these financial statements.
There is no separate holding charitable company income statement (profit and loss account) included within these financial statements. The profit of the charitable company for the financial year ending 31 March 2024 was £18,142 (2023 - £36,010).
29 Nov 2024
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Bridge 86 Ltd. Trustee Report (incorporating the directors report)
Bridge 86 Ltd trading as Bridge Support Consolidated Statement of Cash Flows For the year ended 31 March 2024
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Group
Note 2024 2024 2023 2023
£ £ £ £
Net cash provided by / (used in) operating
activities 14 (141,857) (314,835)
Cash flows from investing activities:
Interest/ rent/ dividends from investments 8,792 3,669
Purchase of fixed assets (59,006) (52,679)
Cash (used in) investing activities (50,214) (49,010)
Cash and cash equivalents at the beginning of the year 1,311,349 1,675,194
Cash and cash equivalents at the end of the 15 1,119,278 1,311,349
year OO OT
Reconciliation of net movement in funds to net cash flow from operating activities
Group
2024 2023
Net movement in funds for the year 18,142 36,010
Interest, rent and dividends from investments (8,792) (3,669)
Non Operating Cash Flows Eliminated
Depreciation 46,100 58,538
(Increase)/Decrease in stocks - -
(Increase)/Decrease in debtors (138,621) (243,105)
Increase/(Decrease) in creditors (58,686) (162,609)
Net cash generated by operating activities (141,857) (314,835)
Analysis of cash and cash equivalents Group
2024 2023
Cash and Deposits at the start of the year 1,311,350 1,675,195
(Decrease)/Increase in Cash and Deposits (192,071) (363,845)
Cash and Deposits at the end of the year 1,119,279 1,311,350
Group
Analysis of changes in net debt 2024 2023
Cash and cash equivalents 01.04.2023 1,311,350 1,675,195
Cash flows (192,071) (363,845)
Other non cash changes - -
Cash and Cash equivalents 31.03.2024 1,119,279 1,311,350
See note 15 for analysis of movements
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Bridge 86 Ltd
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Bridge 86 Ltd. Trustee Report (incorporating the directors report)
Bridge 86 Ltd trading as Bridge Support
Notes to the financial statements
For the year ended 31 March 2024
1 Accounting policies
a) Basis of preparation
The financial statements have been prepared 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 - effective October 2019) -
(Charities SORP FRS 102) and the Companies Act 2006.
The charitable company meets the definition ofa 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 or note. All amounts are shown in pounds sterling.
The results of the trading subsidiary are consolidated into these accounts ona line by line basis.
Administrative details are shown on the last page of the annual report.
b) Going concern
The trustees consider that there are no material uncertainties about the charitable company's ability to
continue as a going concern. The trustees do not consider that there are any sources of estimation
uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying
amounts of assets and liabilities within the next reporting period.
Bridge 86 Limited owns 100% of the share capital of Stir Enterprises Limited which was formed as a company
on 26th July 2017 and which managed the Stir Café. Stir Enterprises Limited ran Stir, a cafe in Woolwich,
South-East London. As a result of the Coronavirus pandemic Stir closed on Friday, March 20th 2020 and has
not re-opened. The Board of Bridge 86 Ltd has decided that Stir Enterprises Ltd will remain dormant until
such time they wish to utilise the company as a vehicle for the Charity to trade. Full provision has been made
for the intercompany balance between Stir Enterprises Ltd and Bridge 86 Ltd at 31st March 2024 amounting
to £286,761 (2023: £285,903). The provision is reflected in the reserves of Bridge 86 Limited and Bridge 86
Group.
The tender for one significant contract, the Tilt service, was won in March 2022 for the period to March 2027
and extendable by a further two years. Bridge 86 Ltd has contracts for the Medium Support and Flexible
Community Senices which extend to 31st January 2025 and which it is understood will then be subject to re-
negotiation rather than formal retendering. The contract for services in North East and West Essex has been
re-tendered and successfully won and two new large contracts for Mid and South Essex have been won via
tender and have started in April 2024. Discussion for the extension of High Support services in South West
London have been held and the contract for the Greenwich Mental Health Hub, which Bridge Support
participates in, has been extended to 31st March 2027 with an option to extend it fpr a further two years.
Reserves are sufficient to meet employment and property lease obligations should they be required, in the
event that other tenders are not successful.
c) Income
Income is recognised when the charity has entitlement to the funds, any performance conditions attached to
the income have been met, it is probable that the income will be received and that the amount can be
measured reliably.
Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the
charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is
probable that the income will be received and the amount can be measured reliably and is not deferred.
Income received in advance for the provision of specified service is deferred until the criteria for income
recognition are met.
d) Interest and investment income receivable
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.
e) Fund accounting
Unrestricted funds are available to spend on activities that further any of the purposes of charity. Designated
funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to
use for a specific purpose.
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Bridge 86 Ltd
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Bridge 86 Ltd. Trustee Report (incorporating the directors report)
Bridge 86 Ltd trading as Bridge Support
Notes to the financial statements
For the year ended 31 March 2024
f) Expenditure and irrecoverable VAT
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party,
it is probable that settlement will be required and the amount of the obligation can be measured reliably.
Expenditure is classified under the following activity headings:
e Trading costs incurred by Stir Enterprises Ltd
e Expenditure on charitable activities which includes the costs of delivering services and educational
activities undertaken to further the purposes of the charity and associated support costs.
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
g) Allocation of support costs
Support costs are those functions that assist the work of the charity but do not directly undertake charitable
activities. Support costs include back office costs, finance, personnel, payroll and governance costs which
support the Charity's activities. These costs have been allocated between activities on the basis of the time
directors and head office staff spend on each activity.
h) Operating leases
Rental charges are charged ona straight line basis over the term of the lease.
i) Tangible fixed assets
Items of equipment are capitalised where the purchase price exceeds £500. Depreciation is provided at rates
calculated to write down the cost of each asset to its estimated residual value over its expected useful life.
The depreciation rates in use are as follows:
Furniture and Equipment 33%
Computer equipment 33%
Additions to Leased Buildings 33%
j) Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered.
Prepayments are valued at the amount prepaid at the year end.
k) Cash at bank and in hand
Cash at bank and cash 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.
1) Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event
that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can
be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement
amount after allowing for any trade discounts due.
m) Pensions
The charity was a member of the London Government Pension Scheme which is administered by the London
Borough of Greenwich. The defined benefit scheme was funded through payments to an administered fund. A
defined benefit plan is a pension plan that defines an amount of pension benefit that an employee will receive
on retirement, usually dependent on one or more factors such as age, years of service and compensation.
During the year the charity settled the adjusted full cessation liability of the scheme amounting to £120,000
following the death of the last member of the scheme
Current and past service costs along with interest costs were recognised as charges against resources
expended. Expected returns on pension scheme assets were shown against other finance income. Actuarial
gains and losses arising from experience adjustments and changes in actuarial assumptions were charged or
credited to the statement offinancial activities.
The asset or liability recognised in the balance sheet in respect of defined benefit pension plans was the
present value of the defined benefit obligation at the balance sheet date less the fair value of the plan assets.
The defined benefit obligation was calculated by independent actuaries using the projected unit credit method.
The present value of the defined benefit obligation was determined by discounting the estimated future cash
outflows using interest rates in the currency in which the benefits will be paid, and that have terms to maturity
approximating to the terms ofthe related pension liability.
The charity also offers a defined contribution pension scheme for employees managed and run by The
People's Pension. The assets of the scheme are held separately from those of the charity. The contributions
payable are charged to the statement of financial activities.
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Bridge 86 Ltd
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Bridge 86 Ltd. Trustee Report (incorporating the directors report)
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Bridge 86 Ltd trading as Bridge Support
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Notes to the financial statements For the year ended 31 March 2024
n) Critical judgements The Trustees make estimates and assumptions concerning the future. The accounting estimates and assumptions will, by definition, seldom equal the related actual results. There were no estimates and assumptions that have a risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.
o) Financial Instruments The charity only has financial assets and financial liabilities ofa kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value, which is at cost, with the exception of. - Investments are measured at their fair value as at the balance sheet date; - Fixed assets are measured at cost less depreciation; The investments note 10 details the historical cost of the investments and the unrealised gains to arrive at their fair value.
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Bridge 86 Ltd
## Bridge 86 Ltd. Trustee Report (incorporating the directors report)
Bridge 86 Ltd trading as Bridge Support Notes to the financial statements For the year ended 31 March 2024
2a_ Income from donations and legacies 2024 2023 £ £ Donations 6 12 Grants 2,349 2,722 2,355 2,734 The Grants received are for "Warm Spaces" awarded by the Royal Borough of Greenwich. It enabled facilities at the Recovery College to be available to those requiring assistance in response to cost of living pressures. 2b Income from trading activities 2024 2023 £ £ Stir Enterprises Limited - - Income from trading activities comprises income generated by Stir Enterprises Limited, the 100% owned subsidiary of the charity. Stir Enterprises Ltd is dormant and did not generate any income in 2023/24 or 2022/23 3 Income from charitable activities 2024 2023 Support for clients £ £ Royal Borough of Greenwich 2,195,098 1,871,026 Oxleas NHS Foundation Trust 864,430 1,082,649 Essex County Council 2,060,621 836,549 Core Rents Receivable 1,506,246 735,737 NHS CCG's 1,004,896 317,281 MIND 369,852 205,820 Housing sence charges receivable 64,691 36,277 Islington Council 49,344 35,650 Total income from charitable activities 8,115,178 5,120,989
Income from the Royal Borough of Greenwich includes that from contracts for the Medium & Flexible Support services awarded as a result of competitive tendering from 1st December 2014, and for purchase orders for specific clients of the High Support Serice. Income from Oxleas NHS Foundation Trust is for a contract awarded from 1st May 2022 for 5 years, following a competitive tendering process, for the support of clients at the Tilt project. Bridge Support was commissioned to provide the Bridge Back Home service from 1st April 2021 which continued through 2022/23 and has been recommissioned for a further 24 months. Commissioning arrabngtement for the Bridge Back Home service changed on 1st July 2023, with responsibility for commissioning moving from Oxleas NHS Foundation Trust to the Royal Borough of Greenwich. Income from Essex County Council is for the award of contracts which were competitively tendered and started in November 2019. These contracts ended on 15th January 2023 following competitive tendering and the new 5 year contracts for the North East and West Essex were awarded to Bridge Support from 16th January 2023. THe increase in income from Essex County Council reflects the full year effect in 2023/24 of these new, larger contracts. Income from NHS Clinical Care Groups (CCG's) includes a new pilot service which commenced in February 2023. Bridge was successful in tendering for the provision of 24 hour support to clients from two properties in the South West of London and income in 2023/24 reflects the full year effects of this contract. In addition income was received for financing the Recovery College and on 2022/23 for the support to clients in the Kitchener Flats. THis contract ended in that year. The Greenwich Mental Health Hub started in 2021/22 and is provided jointly by Bridge Support together with Oxleas NHS Foundation Trust and Bromley, Lewisham & Greenwich MIND. Funding permitted an increase in staffing provided by Bridge Support in 2023/24
Income from Islington Council is for one client supported by the High Support Service. There are no unfulfilled conditions for any of the above contracts.
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Bridge 86 Ltd
Bridge 86 Ltd. Trustee Report (incorporating the directors report)
Bridge 86 Ltd trading as Bridge Support Notes to the financial statements For the year ended 31 March 2024
4 Income from investments
4 Income from investments 2024 2023 £ £ Bank interest 8,792 3,669 8,792 3,669 5 Analysis of expenditure Higher Support includes TILT, High Support services at Sidcup and Wrottesley Roads and services to the South London Partnership in Kingston. Flexible and Medium Support includes the Flexible Community Support and Medium Support departments, the Bridge Back Home service, the Greenwich Mental Health Hub and the Community Mental Health Peers support services. Direct Grant & Support 2024 2023 costs other costs . £ £ funding Trading Activities 858 - - 858 936 Higher Support (HS) 1,950,110 - 560,069 2,510,179 1,748,609 Flexible and Medium Support (FMS) 1,715,240 - 537,209 2,252,449 2,035,594 Essex County Council (ECC) 2,525,160 - 281,940 2,807,100 950,989 Recovery College (RC) 187,702 - 68,580 256,282 211,903 Development (Devel) 57,986 2,349 220,980 281,315 144,131 TOTAL 6,437,056 2,349 1,668,778 8,108,183 5,092,162 Increases in costs arise due to the full year effect of the new contract for Essex County Council supporting clients in the North East and West of Essex and the full year effect of the new contract started in Higher Support including the pilot for High support services in two properties in Kingston. In addition, as a Lling Wage employer Bridge Support has adopted the recommendations of the Living Wage Foundation. This has increased the hourly salary rate for support workers in 2023/24 by up to 10% . Development costs have risen as Bridge Support has grown in size. Prior Year comparatives Direct Grants Support costs costs 2023 Total £ £ £ £ Trading Activities 936 - - 936 Higher Support (HS) 1,300,744 - 447,865 1,748,609 Flexible and Medium Support (FMS) 1,614,601 - 420,993 2,035,594 Essex County Council (ECC) 825,587 - 125,402 950,989 Recovery College (RC) 152,188 - 59,715 211,903 Development (Devel) 1,078 2,722 140,331 144,131 Total ~~3,895, 134 2,722 1,194,306 5,092,162~~
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Bridge 86 Ltd
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Bridge 86 Ltd. Trustee Report (incorporating the directors report)
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Bridge 86 Ltd trading as Bridge Support Notes to the financial statements For the year ended 31 March 2024 Support Costs Higher Medium & Essex Recovery Develop. Total Support Flexible College £ £ £ £ £ £ Staffing 366,912 351,936 184,704 44,928 144,768 1,093,248 Accommodation 37,817 36,273 19,037 4,631 14,921 112,679 Communications 62,616 60,060 31,521 7,667 24,706 186,570 Legal Fees - - - - - - Consultancy & Marketing 18,945 18,172 9,537 2,320 7,475 56,449 Printing & Stationary 13,993 13,422 7,044 1,713 5,521 41,693 Audit Fees 6,200 5,947 3,121 759 2,446 18,473 Other costs 38,113 36,558 19,187 4,667 15,038 113,563 Depreciation ~~15,473 14,841 7,789 1,895 6,105 46,103~~ 560,069 537,209 281,940 68,580 220,980 1,668,778 Prior Year comparatives Higher Medium & Essex Recovery Develop. 2023 Total Support Flexible College £ £ £ £ £ £ Staffing 240,052 225,648 67,214 32,007 75,216 640, 137 Accommodation 39,557 37,183 11,076 5,274 12,394 105,484 Communications 35,436 33,310 9,922 4,725 11,103 94,496 Legal Fees 2,800 2,632 784 373 877 7,466 Consultancy & Marketing 13,624 12,807 3,815 1,817 4,269 36,332 Printing & Stationary 12,593 11,837 3,526 1,679 3,946 33,581 Audit Fees 5,715 5,372 1,600 762 1,791 15,240 Other costs 76,136 71,569 21,319 10,151 23,857 203,032 Depreciation ~~21,952 20,635 6,146 2,927 6,878 58,538~~ 447,865 420,993 125,402 59,715 140,331 1,194,306 Included within support costs and allocated to relevant services are costs of governance amounting to £163,817 (2023: £142,842) and comprise: 2024 2023 £ £ Staff costs 97,558 66,504 AGM and committee expenses 1,683 2,560 Auditor's fees 18,474 15,240 Depreciation 46,102 58,538 163,817 142,842 Staff costs included within governance costs are the estimated costs of the Chief Executive, Strategic HR and Quality Director, Head of Operations, Pathways and Partnership Specialist, and Finance Director in the strategic management of the charity.
52
Bridge 86 Ltd
Bridge 86 Ltd. Trustee Report (incorporating the directors report)
Bridge 86 Ltd trading as Bridge Support Notes to the financial statements For the year ended 31 March 2024
6 Netincome for the year This is stated after charging
2024 2023 £ £ 1,124,740 653,299 46,102 58,538 18,474 15,240 properties in Essex 2024 2023 £ £ 4,803,345 3,149,982 427,233 292,207 110,376 73,061 5,340,954 3,515,250
Operating lease rentals: Property Depreciation Auditor's remuneration
The significant increase in operating lease rentals compared to 2023 reflects the increase in the numbers of properties in Essex and in Kingston Bridgec Support have leased in order to support the additional clients in these new contracts. 7 Analysis of staff costs, trustee remuneration & expenses, and cost of key management personnel Staff costs were as follows: 2024
Salaries and wages Social security costs Employer's contribution to defined contribution pension schemes
The increase in staff costs reflects the full year effect of the new services started during the year, and in particular the new contracts for North East and West Essex, the South London Partnership and the increase in numbers of staff working in the Greenwich Mental Health Hub.
The following number of employees received employee benefits (excluding employer pension) during the year between:
£70,000 - £80,000
£80,000 - £90.000 £90,000 - -£100,000 £130,000 - -£140,000 £150,000 - £160,000
2024 2023 No. No. 1 2 1 - - 1 1 1 1 -
Pension contributions for these employees amounted to £35,397 (2023 £21,267)
The total employee benefits including pension contributions of key management personnel were £501,672 (2023: £413,245). The charity trustees were not paid or received any other benefits from employment with the Trust or its subsidiary in the year (2023: Enil). George Wilkinson was reimbursed travelling expenses incurred of £220 (2023: £83) and Deborah Okutubo received travelling expenses amounting to £0 (2023: £7). No charity trustee received payment for professional or other services supplied to the charity (2023: Enil).
Staff numbers The average number of employees (head count based on number of staff employed) during the year was as follows: 2024 No. Charitable activities 199 Governance ~~1~~ 200 The increase in the average number of employees in 2024 is as a result of the full year effect of the new contracts in North East and West Essex and for the South London Partnership.
2024 2023 No. No. 199 134 ~~1 1~~ 200 135
No staff were employed by Stir Enterprises Ltd.
8 Taxation The charitable company is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.
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Bridge 86 Ltd
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Bridge 86 Ltd. Trustee Report (incorporating the directors report)
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Bridge 86 Ltd trading as Bridge Support Notes to the financial statements For the year ended 31 March 2024
9 Tangible fixed assets
Charity and Group Leasehold Café Equip Fixtures & Office Comp Improvements Fittings Equip Equip Total Cost £ £ £ £ £ £ Start of the year 89,689 8,921 20,250 184,515 246,771 550,146 Additions in year - - - 16,592 42,414 59,006 Disposals in year - - - - - - End of the year 89,689 8,921 20,250 201,107 289,185 609,152 Depreciation Start of the year 89,193 8,921 20,250 170,823 192,412 481,599 Charge for the year 496 - - 9,418 36,186 46,100 Disposals in year - - - - - - End of the year 89,689 8,921 20,250 180,241 228,598 527,699 Net book value At end of the year - - - 20,866 60,587 81,453 At start of the year 496 - - 13,692 54,359 68,547 All of the above assets are used for charitable purposes. Investments Charity Group 2024 2023 2024 2023 £ £ £ £ Investment in Subsidiary 2 2 - - 2 2 - - Bridge 86 Limited owns 100% of the share capital of Stir Enterprises Limited which was formed as a company on 26th July 2017 and which managed the Stir Café. As a result of the Coronavirus pandemic Stir Enterprises Limited closed on Friday, March 20th 2020 and has not re-opened. See also Note 1b above. Statement of Comprehensive Income of Stir Enterprises Limited for the year ended 31st March 2024 2024 2023 £ £ Turnover - - Other Income - - Cost of sales - - Gross profit - - Selling Expenses - - Administrative expenses - - Other Costs ~~(858) (936)~~ Operating loss (858) (936) Profits gift aided to Bridge 86 Limited. - - Retained loss for the period (858) (936)
10 Investments
Balance Sheet of Stir Enterprises Limited. as at 31st March 2024
Current assets
Cash at bank and in hand
Creditors: amounts falling due within one year Net current assets Net assets
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2024 2023
£ £ £ £
1,330 1,330
1,330 1,330
(287,757) (286,899)
(286,427) (285,569)
(286,427) (285,569)
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Bridge 86 Ltd
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Bridge 86 Ltd. Trustee Report (incorporating the directors report)
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Bridge 86 Ltd trading as Bridge Support Notes to the financial statements For the year ended 31 March 2024 11 Debtors
11 Debtors Charity Group 2024 2023 2024 2023 £ £ £ £ Trade debtors 429,307 537,043 429,307 537,043 Other debtors 35,097 18,751 35,097 18,751 Prepayments 107,215 72,309 107,215 72,309 Accrued Income 206,843 11,738 206,843 11,738 Owed by subsidiary undertaking - - - - 778,462 639,841 778,462 639,841 Amounts owed by subsidiary undertaking are due from Stir Enterprises Limited, a wholly owned subsidiary of Bridge 86 Limited. Note 1b above explains that Board of Bridge 86 Limited agreed that an impairment provision be made in the accounts of Bridge 86 Limited of £286,761 (2023: £285,903) being the intercompany balance between Stir Enterprises Limited and Bridge 86 Limited due to the uncertainty regarding the future trading of Stir Enterprises Limited caused by the Coronavirus pandemic. The decrease in Trade Debtors is due to the reduction in amounts owed by Oxleas NHS Foundation Trust who have settled all amounts due within 2023/24 compared with a slightly delayed payment at the end of 2022/23, an increase in amounts due by Essex County Councill as a result of the larger North East and West Essex contracts, and a reduction owed by the Royal Borough of Greenwich reflecting timing differences in their cycle of payments. Increases in Accrued income reflect delays in finalising the settlement of flexi income, contrctual amounts due by Essex County Council, which have been paid in 2024/25, and for the timing of payments for housing benefit for amounts due in both Essex and in London and which are always paid in arrears. These amounts have now also been paid. 12 Creditors: amounts falling due within one year Charity Group 2024 2023 2024 2023 £ £ £ £ Trade creditors 342,438 169,814 342,438 169,814 Taxation and social security 109,204 87,291 109,204 87,291 Other creditors 24,794 31,600 24,794 31,600 Accruals 37,020 131,064 38,020 132,064 Deferred income 286,790 439,163 286,790 439,163 800,246 858,932 801,246 859,932 Creditors have reduced slightly compared to 2023. This is mostly due to the reduction in deferred income (see below), an increase in Trade Creditors principally due to an overpayment of a contract by a Debtor, and reductions in Accruals following the release of accruals made in 2022/23 for increases in rents and service charges which have now been billed, and the release of a rent accrual for which no invoice has been received and whcih relates to 2020. Deferred income Charity and Group 2024 2023 £ £ Balance at the beginning of the the year 439,163 509,444 Amount released to income in the year (182,873) (70,281) Amount deferred in the year 30,500 - Balance at the end of the the year 286,790 439,163
Creditors have reduced slightly compared to 2023. This is mostly due to the reduction in deferred income (see below), an increase in Trade Creditors principally due to an overpayment of a contract by a Debtor, and reductions in Accruals following the release of accruals made in 2022/23 for increases in rents and service charges which have now been billed, and the release of a rent accrual for which no invoice has been received and whcih relates to 2020. Deferred income Charity and Group 2024 2023 £ £ Balance at the beginning of the the year 439,163 509,444 Amount released to income in the year (182,873) (70,281) Amount deferred in the year 30,500 Balance at the end of the the year 286,790 439,163 Deferred income releases in the current year related to an element of the running costs of one of the properties supporting clients needing higher levels of support, the costs of Drugs and Alcohol Support workers, overhead costs of the Recovery College and part of the funding for a Pathway Co-ordinator whose funding extends until September 2024.
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Bridge 86 Ltd
Bridge 86 Ltd. Trustee Report (incorporating the directors report)
Bridge 86 Ltd trading as Bridge Support Notes to the financial statements For the year ended 31 March 2024
13. Movements in funds Charity Start of the Income Spend Transfers End of the year year £ £ £ £ £ General funds 1,159,479 8,126,325 (8,108,183) - 1,177,621 Total funds 1,159,479 8,126,325 (8,108,183) - 1,177,621 Included within the Charity's expenditure noted above is a provision for amounts due to be paid to it by Stir Enterprises Limited. Note 1b above explains that the Board of Bridge 86 Limited agreed that an impairment provision be made in the accounts of Bridge 86 Limited of £286,761 being the intercompany balance between Stir Enterprises Limited and Bridge 86 Limited due to the uncertainty regarding the future trading of Stir Enterprises Limited caused by the Coronavirus pandemic. Prior Year comparatives Start of the Income Spend Transfers End of the year year £ £ £ £ £ Pension fund (280,000) - - 280,000 - General funds 1,403,469 5,128,172 (5,092,162) (280,000) 1,159,479 Total funds 1,123,469 5,128,172 (5,092,162) - 1,159,479 Group Start of the Income Spend Transfers End of the year year General funds 1,159,806 8,126,325 (8,108,183) - 1,177,948 Total funds 1,159,806 8,126,325 (8,108,183) - 1,177,948 Prior Year comparatives Start of the Income Spend Transfers End of the year year £ £ £ £ £ Pension fund (280,000) - - 280,000 - General funds 1,403,796 5,128,172 (5,092,162) (280,000) 1,159,806 Total funds 1,123,796 5,128,172 (5,092,162) - 1,159,806 14 Reconciliation of net income / (expenditure) to net cash flow from operating activities Charity 2024 2023 £ £ Net income for the reporting period 18,142 36,010 (as per the statement of financial activities) Depreciation 46,100 58,538 Items charged to the SOFA related to the Pension scheme - - Interest, rent and dividends from investments (8,792) (3,669) (Increase)/Decrease in debtors (138,621) (243,105) Increase/(Decrease) in creditors (58,686) (1,000) Net cash (used in) operating activities (141,856) (153,226)
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Bridge 86 Ltd
Bridge 86 Ltd. Trustee Report (incorporating the directors report)
Bridge 86 Ltd trading as Bridge Support
Notes to the financial statements
For the year ended 31 March 2024
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Group
2024 2023
£ £
Net income for the reporting period 18,142 36,010
(as per the statement of financial activities)
Depreciation 46,100 58,538
Items charged to the SOFA related to the Pension scheme - -
Interest, rent and dividends from investments (8,792) (3,669)
(Increase)/Decrease in stocks
(Increase)/Decrease in debtors (138,621) (243,105)
Increase/(Decrease) in creditors (58,686) (162,609)
Net cash (used in) operating activities (141,857) (314,835)
15 Analysis of cash and cash equivalents
Charity
Start of the Other _—_ End of the
year Cash flows Changes year
£ £ £ £
Cash at bank and in hand 796,061 99,784 - 895,845
Deposits (less than three months) 513,956 (291,851) - 222,105
Overdraft facility (repayable on demand) - - - -
Total cash and cash equivalents 1,310,017 (192,067) - 1,117,950
Prior Year comparatives
Start of the Other _—_ End of the
year Cash flows Changes year
Cash at bank and in hand 1,163,581 (367,520) - 796,061
Deposits (less than three months) 510,287 3,669 - 513,956
Overdraft facility (repayable on demand) - - - -
Total cash and cash equivalents 1,673,868 (363,851) - 1,310,017
Group
Start of the Other _—_ End of the
year Cash flows Changes year
£ £ £ £
Cash at bank and in hand 797,389 99,785 - 897,174
Deposits (less than three months) 513,955 (291,849) 222,106
Overdraft facility (repayable on demand) - - - -
Total cash and cash equivalents 1,311,344 (192,064) - 1,119,280
Prior Year comparatives
Start of the Other _—_ End of the
year Cash flows Changes year
Cash at bank and in hand 1,164,909 (367,520) - 797,389
Deposits (less than three months) 510,286 3,669 513,955
Overdraft facility (repayable on demand) - - - -
Total cash and cash equivalents 1,675,195 (363,851) - 1,311,344
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Bridge 86 Ltd
Bridge 86 Ltd. Trustee Report (incorporating the directors report)
Bridge 86 Ltd trading as Bridge Support Notes to the financial statements For the year ended 31 March 2024
16 Operating lease commitments
Total future minimum lease payments under non-cancellable operating leases are as follows:
Less than 1 year 1-5 years Over 5 years
Charity and Group Property 2024 2023 1,171,886 565,131 2,844,732 1,098,922 - - 4,016,618 1,664,053
The increase in lease commitments arises from leasing of 6 properties in Essex to provide accommodation for clients supported as a result of the new North East and West Essex contracts which commencded during the year.
17 Contingent assets or liabilities
There are no contingent assets or liabilities
18 Legal status of the charity
The charity is a company limited by guarantee and has no share capital. Each member is liable to contribute a sum not exceeding £1 in the event of the charity being wound up.
19 Related party transactions
There were no related party transactions during the year (2023: £0)
20 Post Balance Sheet Event
There were no post balance sheet events
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Bridge 86 Ltd
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Bridge 86 Ltd. Trustee Report (incorporating the directors report)
Reference and Administrative Details
Trustees
George Wilkinson Chair
Beez Fedia Deputy Chair
Dave Baldock
Sarah Boundy
Deborah Okutubo (resigned 30/04/2024)
Nicola Williams
Nikola Blair (appointed 27/03/2024)
Retnadevi Thevarajah (appointed 27/03/2024)
Craig Leyland (appointed 27/03/2024)
Chief Executive and Company Secretary: Raymond Sheehy
Company number: 02162224
Charity number: 802227
Registered office: Deepdene House,
30b Bellegrove Road,
Welling,
Kent DA16 3PY
Auditors: Price Bailey LLP
24 Old Bond Street,
London
W1S 4AP
Bankers: Lloyds Bank plc
Bexleyheath Business Centre,
130 The Broadway,
Bexleyheath, Kent. DA6 7DP
Solicitors: Russell-Cook LLP
2, Putney Hill,
London SW15 6AB
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Bridge 86 Ltd
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