Scollish Cha*ity No. SC045049 the bridge The Bridge Community Project Trustees, Report and Financial Statements For theyear ended 31 August 2024
The Brid e Community Project Contents of the FlnYdttel&l St*tementsfor ihe year ended 31 Augusi 2024 Page Report of the Trustees Report of the Independent Examiner to the Trustees 13 Statement of Financial Activities 14 Balance Sheet 15 Notes to the Finaneidl SlaternentS 16-26
The Bridge Community Project Report of the Trustees Jor ikeyear ended 31 Augusi 2024 Th¢ Trustees are pleased to present their report tO8ether with the finAncial statements of the charity for the year ended 31 August 2024. Registered %ddres$ Bridge Wellbeing Hub 20 Shairps Business Park Houstoun Road Livingston EH54 5FD Banker Virgin Money Cairngonn House Almondvale Boulevard Livingston EH54 6QL Statuj of Ch#rity And Gov¢rning Docwment The Bridge Cominunily Proj¢LI is ¢slabl ishcd by Constitution. The le¥al forni of the Charity is a SCIO (Scortish Charitable IncoTporated Organisationl and it is a registered Scottish Charity (No. SC045049). Alms and affiliation The Bridge Community Proj¢rt seeks to improve the everyday wellbeing of the people of West Lolhian. We achi¢v¢ this through providing practical and relational support to families and individual& Our core values reflect who we are and what we s¢¢k to do.. io be relational lensuring our focus 15 always peopl¢ noi programmes or agendas) lo be inclusive (treating everyone eqiially with respe¢l and dignity) to for excellence (working to the highest possible standards in how we conduct relAtionships And how we use resources) to be ac¢¢ssibl¢ (Striving to ensur¢ that ¢veryone ac¢¢s5 our services in ways that work best fvr Ihem) lo work in p&rtnership (working with oihers wherever possible) Appointment ofTru$tee$ And oftfiee begrers The operations of the charity are mana8ed directly by the trusteeg. New trustees are appointed by the existing trustees and are recruited from those who have shown interest in and understanding of ihe values and 8oa15 of Thc Brid8c CommLinity Project. They serve on & volunt&ry basis. The followin8 Acted as tTii%lee8 nf the ch2rity during the financial year: (:hair until 29 May 20241 (:hair Appointed 29 May 2024) ecrelary unlil 29 May 2024 .lune 24) fr¢asurer until 29 May 2024) %¢crelary Appoinl¢d 29 May Resigned 16 September 2024) Ilppointed 25 NoveThber 2024) inted 25 November 2024) Senlor ManeMent The scnior managcment tCaTt] cnnsi4ts nf.. Chief Executive OtTicer esign 31 December 2023) i Appointed 18 November 2024) x)inted l January 2024 and Resigned 20 October 2024) Appointed l January 2024) Interim CEO Business Development ManagLI" Charitable Purposes The Bridge Community Project was birthed out of a desire to bring about a]g Posltive andlosting change lo W¢st Lothian. It has long been accepted that when crisis moments arrive in life for people in the West Loihian area that many are for¢ lo access help through services elsewhere or lo seek il in thc privat¢ (fcc- paying sector). The Bridge seeks to bring these key setvices and the hope they provide closer to home. The Bridge Community Project seeks to improve the everydAy wellbeing of the people of West Loihian. We do thi5 by providin8 pfdctical and relational support. Pa8e I
The Brid c Communi Pro ect Report of the Tru5teesfor Ike year ended 3] Augusi 2024 Chair of Trustees, Donald Forrest I'he year to rhe end of August 2024 was undoubtedly a challenging but also a rewarding one for the Bridge Community project in strivins to deliver our vision of improving the everyday wellb¢in8 ol'the people of West Lothian. The demand for the emotional and financial wellbeing services provided by the Bridge is v¢ry high duc io a range of factors including the ongoing legacy of Ihc pandcmic. the severe Impa of th¢ cost of living crisis and reductions in some PLiblic s¢rvices. The hiige incrcascs in thc price of ¢ssenlial items such as energy and food place serious strnin on household budgets in West Lothian whilst many people 5e¢king to access emolional wellbeing and coun5elling sup[. Succegsfiilly translating our vision into prnctical action and making the most of our resources means thai the services provided by The Bridge coniinue lo evolve lo rellecl latest circumstances, whilst remaining true lo our values, including bein8 relational with our focus always being on ppIe. During the year ihere have also bccn changcs to our team of slaff and volunteers who have done a grcat job in adapting and ontinuing to help people in th¢ community. I would like to express my sincere thanks and appreciation to all our staff. volunteers. trusiees. funders and .%upporters for their fanl&slic cnnlributinns l() the Bridge ()ver Ihe last year. You can all be very proud of ihe work you do. li has b¢¢n a 8r¢at honollr Ini. Ine to join th¢ Board and sum¢ the role of Chair and I'd like to thank my predecessor AS Chair, ror the immense role he has played in buildiTlb IIIL IlridyTC OV¥r iiidiiy d for making ML WL LUML. 'd also likc to tliiiil,- fniiiicr fliicf r.Nccutiv¢ iir their great contributions. Fortunately, e. In conclusion, the reasons the Bridge was sei up remain very much in evidence and all of us will do our best to continue io provide hope and support to individuals and families in Wesl Loihian in the years ahead. Llidlll- ul. I i-UblL¥s Pase 2
The Bridge Community Project Report of the Trnstee5for (he year endeil 31 Augusi 2024 Operational Impact Report This year's impact report reflects a pivota I chapter in our organisation's journey. shaped by the extraordinary dedication and hard work of our staff and volunteers. Their unwavering commitment has been the driving force behind everything we've achieved. from providing vital Support to individuals and families to fostering an environment where wellbeing and connection flourish. At the heart of these efForts lies our Wellbeing Hub. which ha5 truly come to life over the past year as a vibrant space for community. giowth. and tran5foTmation. Our three core services have been busier than ever. reflecting the growing needs of our communiry. We have been privilpgèd to walk alongside those we suppori. offering practical and emotional help at a time when it 15 most needed. Much of thls success has bep.n madp po8sSblE> through working in partnership with local OT9anlsations. By collaboraring closely. especially in rural areas. we'vè been able to str@.ngthen our reac.h and deliver tailored support where it is needed most. 2024 has also been a èar of significant change for us. Alter ten years of dedicated leadèiship. OUT CEO. made the declsion to step down on health grounds. Thi5 marks the end of an era but al JO open5 the door to fresh opportunities. Durin9 this tran51tion. we have hepn fnrtunate to benefit from the steady and thoughtful lèadership of OUT Interim CEO. whose care and focu5 have been instrumental in guiding us throu9h this time of chai'('I' As we reflect on a year of growth and transformation, we a150 look Forward wlth hope and determination to the opportunitie5 ahead. Thank you fur your continued support as we work to bulld a stronger. more reslllent communlty together. Page 3
The Bridge Communi Project Report of the Trllsteesfor iheyeur ÈntYÈd 31 Augusi 2024 the bridge Our Financial Wellbeing team have been able to support 90 Individuals in a person centred way and 25 individuals in group sessions to improve rheir financial Wellbeing. We primarily worked with individuals living in rural areas and those experiencing mental health ¢halleng•s. with many client5 d45c losing multiple arèas of vuln•rabllity. 115 295 296k Indlvidua15 supported Su pport Interventions Debt Supported Majorlty of cllents live in Rural areas 18 t 16out18 Cases closed 11. I Closed cllents reported Mental Healih Vulnerability.. 2-3 months 57 'Token Payment, Avarage waiting time for first ointment Separate vulnerability cat•9ories reported by 16 cli•nts The most comrntsn debt solution io0% Group courses dellvered Our impart has ensured that cllents.. Complaints Cllènt s@rvicg Satlsfactlon are less stressèd mL)ie money pei month ¢4 £271 keep on top of finance5 are more connected io their AJ community have improved mental wellbelng have less debt 66 Thè, Cèani -8'1'"'advfser¥ èr the 66 bridge havè spent so much timè explalnln9. SUPPOrtlng 2nd encouraglThJ me when li come5 to understancllng my finances including any bills, budgeting, banklnq. They have been patient and kind and I IO0% am I'm so gratpful to u far helping me see there is a future & not give-up & big thank you to The bridge. I wasn't very well last few months when you vlsited me & really wasn't looking forward to ehriJtmoJ or thc ncvi ycor but you 'oiar so. so caring & understood 99 Pa8e 4
The Brid e Communi Pro ect R¢'port of the Tru.stoe8fi)r rhe vvcir end¥d 31 Augu.s1 ?Q?4 As an organisation supporting predominantly vulnerable adults, we implemented additlonal safeguard5 to mitigate the risk of self-harm, including: Offeri ng home vi51ts. meetings in ¢onfidential public areas. or close to clients home. Online rneeting5 are also available Our servlce Is patlent, arl8Ptable al&'versatlle.' We offer a hollstlc Indlvldual focused seNlce that is not tlm& rastrlct•d. Accesible parking and disability toilets avai lahle Our Intervlew rooms are on the ground floor wlth •asy a¢c•68 and are designed to create a horn•ly atMPh•V•. We operate a triage system to Identify clients with urgent or vulnerable needs. We alm to •lv• cllontS the tlme that they noed arKI we aré always roady to Ilst•n. All clients are treated wSth r•sp•ct and s•nsltlvlty to tholr n••d& Evely client has indicated a per50nalised debt option preference which our centre has respected. All categorles of vuln•r•blllty are recorded to ensure each client is ..kn prqvided with all •upport Ihw nqod t(>&vold anyiith of •ddilign•l rn Regular tralnlng about vulnerablllty and mental health is offered to volunteers and staff. Our serv5ce has strong connectlons wlth other organlsatlons so our cllents are often referred or slgnposted to placès that can ohr •ddltlon*l support Every Flnancial Wellbelng client has an opportunity to use our Bridge Counselllng support free of charge. Pag¢ 5
The Brid e Community Project Report of the Trustee5far ihe vear ended 51 Augu512024 Our senilce also offers a range of Practlcal Support whlch Is focused on being person centred and wlll Improve someones financlal wellbeing. This has Included I to I cooking & recipe bags Group cooking & recipe bags 8udgeting packs and I to l advice Aldi Vouchers & Energy top ups Signposting for emergency svpport Volunteer opportunities and community connection Support wlth appointments Small community grants Support with warm home discounts Support for families W• hav• also d•v•lop•d a new group cours• that Is focus on bud9Otlng and healthy eatlng. Group cours•s: Managlng money Eat Well on a budget Explor• toplcs ot. Flnancial peace of mind Creating a budger O Easy ways io save Tips to find the best deals Save on food shopping Meal Planning Understanding food labels Creating a meal plan eot We Page 6
The Bridge Community Project Report of the Tru5teesfor the year ended Jl Augusi 2024 ctsun#•lling b•r¥iE• Our Counselling team have been able to support 144 individuals to impTOVe their emotional wellbeing while offering 1427 counselling sessions. OUT service provides affordable mental health support in a safe environment. Th• most Common pr•sentDng issu•s ar• We used the Warwick Edinburgh Evaluation tool to measure a cllents response bgfofe and after counselling. The results give a clear visual representation of thè impact made. Inltil n Latest I'¥ibmnhIrnI¥•d bv•n (•1kno Inlw•ii•d In oth•rp•opl• rv• b••naE4•to nak• up ry mltKlabtsJi thin Page 7
The Brid e Community Project Report of the Tnjstetsfor fheyear ended 31 Aug1 2024 95% of clients indicated an increase in their aility to cope more emotlonal 85% of clients indicated an increase in being able to understand their own life circumstances 90% of clients indicatgd an increase in their resS1ien¢e 90% of cllents Sndicated an Sncrease In their self esteem I have 5trL+ggled to come to terrfls Wlth bipolar as I was diagnosed In my 30's. being able to acce55 counselling has been really important step in my journey. Working with a counsellor wa5 a positive experience which has helped me to accept It more and helped me towards being more resllient when I have bad day5. The Bridge 15 a ieally posirive place. with caring COLinsellors and staff for which l am thankful. Initially I folt that the anxiety I was feeling came directly from the SLib£tancé misugè of a c105e mèmber OF my family. Not being able to help or understand why they were makincj tho ehoieos they wtsre making. Through the coun5elling proc¢ss I was able to discuss this looking deeper Into the way5 this had alfecied me. talk Ihiough many sltuaiions in my Ille making sense of them and ihe way they Impacted on my current Sltuarion. Understanding the past and al lowing this to support me throucJh the prosent rhe future has had a hijge impact on my growrh and how I deal with challenging 51tuations. 1f I'd not altended counselling. and opened up I honestly bolieve that I would still bo anxious . fearful and in a heighrened emotional state. I trusted the process and I curienrly feel that a hLige weight has been IIlLed. Page 8
The Bridge Community Pro ect Report of the Trnsteeslor ihe JEar ended 31 Augusi 2024 Stepping Stones To WLllbcinx Our Stepplng Stones to Wellbelng team have been able to support 158 Indivlduals to Improve their financial and emotional wellbeing through Offering 23 grDUPS and courses across the past year. BEfiEAVEMENT SUPPORT COUFISE 7 courses completed A seven week course that provides a safe and confidential Space for connectlng with other people who have losi a loved one ANXIETY MAThERS 5 groups completed Three week course that explores anxiety and how It can affect our thoughts. feelings and behavlours STEPPING STONE CONNECTIONS 5 groups completed A monthly gioup that was setup by prevlous participant5 who wanted to meet On a more regular basls ()tional EMOTIONAL LIF&ACKET COURSE 3 groups completed Thi5 is 3 one day course held at a local WDDdland retreat centre where we introduce resources that support emotional and physical well-being. This includes ideas on how to improve sl•op. gentle yoga for bèglnners, the benefit5 of aromatherapy. improving your sleep and mindful walking. SHARING SKILLS FOR LIFE I group completed This is a three week course where we explore topies Including mental wellbeing. healthy eating. bud9eting and being active. Page 9
The Brid e Community Project Rèport of the Trusteesfor Ihe year endgd 31 2024 Stepping Sioiie% To Wellbeiii,{' IVEILH READING FOR WELLBEING I group completed A five.we9k reading and di5CU5sion 9TOUP for th059 who enjoy reading and wish to explore readings focused on well being concepts in a small group LOOKING AFfER YOUR MENTAL WELLBEING I group comPlet¢d This is a five week course that explores the concept of mental well-belng and how to look aftèr it as you move forward with life. 66 There were a lot of tools and new ideas about how to manage anxiety and information about how the brain works. Sometimeg we dont think about anxiety and it was helplul to understand how a body shuts down as I have never known that bef¢r¢. When I had a bad day and I wa5 trying the breathing exercis&5 Janet taught us with the bubble5. Janet was listening to U5 and taking Ideas from us too. I'm only Just recoverlng frn a projonged period of really poor mental healt thls group Was perfect foi rne to #art finding rriy,feet on the road to COVery 85 il was srnajl and not too Intirnldating 66 The facilitatofs were excellent. they made the tinie very special ar,d were Sensitive to the needs of each Individual and the group as a whole They led with care and compassion nd marlp Ihp dAy fi In prprini Is timp tn rplax And rprhar(Jp Artivifips wprp a iiprfpr.t mix for the group Would highly recommend this course, 99 Page 10
The Brid e Communi Pro ect Report of the Trn$tee$for ihe year ended 31 At4S$ff 2024 STAFF AND VOLUNTEERS Over the past year, we have focused on strengthening our volunteer team across all seivices. thanks to additional funding from the Scottish Government. This support has allowed us to exptind our capaiity. particularly in Lounselling, enabling U5 to increase the number of clients we are able to see on a weekly basis. Across all our work. our incredible volunteers have given an astounding 6,000 hours of their time. Their dedication and generosity have been instrumpntal in extending our reach and deepening the impact of our seNices within the community. This year also brought change to our team as we said goodbye to two valued staff members. Their contributions have left 3 la5tin9 Irrpact. and we wish both very success in their futLirw vndpi4vniJr5 PARTNERSHIPS Lor In early 2020. mental health-focused Thlrd Sector organisations came together to ensure that access to th¢ir services wa5 achievable through a single point of grbtry for client5. This collaboration led to the creation of West Lothian Wellbeing. which fof the past year has been hosted and managed by the Bridge Commu nity Project on behalf of 22 partner organisarions. The project continues to support over 100 clients annually. operatlng as a vital social prescription model for mental health services in the region. BUSINESS DEVELOPMENT Our former CEO. has stepped into a new role as our Business Development Manager. The focus of this role is to increase current income streams while also developing new income streams for the organisation. The initial priority of the role is on securing additional funding streams to ensure the organisation'5 future. There will a150 be a focu5 on the (Jsage of our Wellbeing Hub as well as exploring Options around CPD trainlng and Employee Wellbein9 focused work. Pagell
The Brid e Community Project Report of the Trustees Jor iheyear erklgd 31 Augus12(J24 Fundin Many thanks to all our funders who have supported our wod( over the past year. A full list can be found in th¢ accounts. Thanks also to our Bridge Builder& individuals who give to our work on a monthly basi& without which we would not be able to offer the 8ervices that we do. ConirlbuÉlon o v(JlullleerJ valuable contribution is made by volunleers who assist th¢ TnJ5tees in the delivery of activities. Volunteers gre A key part of our op¢r&lions who support across the M'ork of the Bridge Community Project. Voluntecr roles are varied and include money advisors. support advisers. counsellors, Admin 5UPPQrt and wellbeii)g prLitI0n¢rs. Without the onguing sUPWrt of Voluntr5 ihe Bridg¢ would not be iii the positioii il is today. FlnAneial review Principalsources offuncling Our main source of funding has been from srants. We have also seen 8n increAse in donations to our counselling seTvice and through r¢nting room5 at our W¢llb¢ing Hub. Resulisfor iheyear The financial statements for the year a set out in PAges 14 ro 26. The Ststemenr of Financial Activity on page 14 reflects a deficit of £47,870 (2023.. surplus of £166.893). Reserves It rs the policy of the charity to maintain unrestricted funds at a level which equates to approximately three months unrestricted expenditure that allows sufficient funds to enable the ongoing work of the charity lo be maintained. The Gcn¢rnl Fund on pagc 23 al 31 August 2024 amountcd to £30.228 (2023: £34,861), which 15 currcntly bclow the r¢quir¢d level. The Trustees are working on ways to in¢r¢&se resctvc Icvels. Restri¢l¢d r¢serwes alnoun1 lo £81.975 (2023". £124,773). d¢5ignaled reserv¢s &muunl¢d io £168,382 (2023.. £168,822) which relates lo the n¢1 book value of fixed 855¢15 less loans du¢ relating to ih05e 055ets. The ¢h&riry'$ to¢al re$eTves amounted lo £280.585 (2023.. £328,456). Funds in deficit will be covered by future grant income ihat has not yet been tteeived. RemunerAtion Th¢ charity sets rernuncration for kcy managcmcnt pcrsonncl by rcfcrcncc to cxtcrnal bcnchmarking. Plans for the future With the current cost of living crisis making a significant impact on people across our communilies and the organisation, our focus over the coming year is lo increase the capacity of our services and to explore and implement new income streams. On hrfinl tfie Trii.*rcc.r hair oj Jrusiées Dated.. 27 January 2025 Page 12
The Bridge Communi Pro ect Report of the Independent Examlner to the Trusteesfor ihe year ended 31 August 2024 I report on the aecounts of the charity for the year ended 31 August 2024 which are set out on pag&% 14 to 26. Respective responslbilities of trustees examiner The Chariry's Trustees are responsibl¢ for the preparaiion of the accounts in accordance with the tern)s of the Charities and Trustee Investment (Scotland) Act 2005 and the c.harities Accounts (Scotland) Regulations 2006 (as amended). The Chariry TrLLStee5 Consider that the audit requiremenl of Regulation 10( l) (a) to (c) of the 2006 Accounls Regulations does not apply. It is my responsibility to ¢xamine the accounts as required under section 44(1) (c) of the Act and to state whether particular matters have come to my attention. Bisis of independent ¢X8miner's statement My examination is eaTried out in accordance with Regulation I l of the 2006 Accounts Regulations. An examination includes a review Df rhe accountillg records kepl by the charity and a comparison of the accounts presented with those records. IÉ also includes consideration of any unusual items or disclosures in the accounts, and seeks explanations from the Trusl¢es concerning su¢h matters. The pro¢¢durcs undertaken do not provide all the evidence that would be required in an audit, and consequ¢ntly I do not express an audit opinion on the view given by the accounts. Independent Ei xamlncr's Statement In the course of my examinaiion. no matter has come to my attenlion which gives me reasonable cause to believe tho1 in any material respect the requirements.. to keep accounting records in accordance with Section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations (as amended). and to prepar¢ accounts which ACCOTd wtth thc accounting records and Comply with Regulation 8 of the 2006 A¢¢ounls Regul&tion$ have not been mel. or 2. to which, in my opinion. attention should be drawn in ordu to cnable a proper understanding of d accounts lo be reached. IIL'('for Imies & Partners I,imited Ch&rtered Certified AccouTJtants Jnneg House 18 ShaTrps Busincss Park Houstoun Road Livingston E1154 5fD Li1,12oL5 Page 13 l+P Innes & Partners ChartorÈd CortifiEd Atcountant5
The Brid e Communit Pro ect Statement of Flnaneial A¢tivitie8 for ihe year ended31 Augusf 2024 Total Funds Unreslri¢led R¢$tricted 2024 Funds Funds Total Funds 2023 Note Unrestricted Restricted Funds Funds IDeome t)onaiions and Legacies Charitable Activities 27,500 11.755 203,027 230.527 1.755 20,915 5,722 26,637 429.077 449,992 499 6.221 TolAI ID¢ome 39355 203,027 242282 429,576 456213 Eipenditure Charitable Activities 49,387 240.765 290.152 38.871 250.449 289,320 Total Expenditure 49J87 240,765 290,152 38,871 25U,44Y 2¥9,320 Net iThcomel(expeDditure) Trin$f¢r8 betweeD funds (10,112) 5,059 (37.738) {47.870) (5,059) (42,797) {47,870) (12,234) 155.946 179.127 166,893 (155.946) 23,181 12 Net Movement in b'unds (5,073) 143,712 166,893 R¢¢oncili8tion of Fullds To¢AI Funds Brought Furwaryl TotAI FuTrds Carrled Fonvord 203.683 124,773 328.456 59,971 101,592 161,563 12 198,610 81,976 280,586 203,683 124.773 328,456 Represented by: ResiriLied Income Funds Unrestrieted bundg 81.976 81.976 198,610 124.773 124,773 203,683 IYlS,610 198,610 203,683 Totsl Charity Funds 12 81,976 2110,586 203,683 124,773 328,456 The n¢Xes on pages 16 to 26 form part of th&se accounts. Page 14
The Brid e Communit Pro ect Balance Sheet at 31 Augusi 2024 Total Fund8 2024 Total Funds Note Unrestricted Funds Rtricted 2023 Flxed Assets Tangiblc assets Total Flxed A26yets 317,381 317,381 317.381 328.272 317J81 328,272 Current A88ets Debtors C,a.sh al Bank and in Hand 1,774 30,328 32,102 1.774 112,881 1,533 162,739 82.553 Total Current Assets 82,553 114.655 164,272 Llabllltle¥ Creditors fAlling due within one year Net Current Assetsl(Liabllities) 12,638 19,464 577 13,215 101,440 15,058 149214 81,976 TotAI Assets less Current LIAbllltles 336,845 81,976 418,T121 477,486 Creditors falling due after more than one year Net As8ets io 138.235 198,610 138,235 149,030 li 81,976 280,586 328,456 The Fund8 ofthe Ch4rlty Restricled Income Funds Unrestricted Funds 81,976 81,976 198,610 280,586 124,773 203,6A3 328,456 198,610 Tot41 Charity FwDd 12 198,610 81,976 The notes on pages 16 to 26 forni part of these accounts. The accounts were approved by the trustee5 on 27 January 2025 and signed on their behalf by: Truslee Pa8elS
The Bridge Communi Pro ect Notes to the Financial Statementsfor thv year ended 31 August 2024 l. Ac¢oulltin% policies Basis ofprepuraiion (md Rfsf55ment of¥iiing concern The Bridge Cornmunity ProjecL is a registered chariry in Scutland. Tht addr¢55 vf Ili¢ registcrcd office is given in the chariry infomialion on page l of these financial statements. The nalLir¥ uf tEie ¥lidrily's operations and principal activities are included in the trustees, report on pages l -12. The charity constitutes a public benefit entity ag defined by FRS 102. The financial statements have been prepared in ac¢ordance with Accounting &nd R¢porting by Charities.. Statemenl of Recommended Practice applicable to charities preparing their accounls in accordance with the Financial R¢porting Standard applicable in Ihc UK and Republic of Ireland issued in October 2019, the Financial Rcporting Standard appliLable in the Uniled Kingdom and R¢public of Irelalld {FRS 102). the Charities and Trustee Investment (Scotland) Act 2005 and the Charilies Accounts (Scotland) Regulations 2006 (a5 atttend¢d) and UK General ly Accepted Accounting Prnclice. The financial statements are prepared on a going concern basis under the histori¢al cost conveniion, modified to in¢lud¢ ¢¢rtain it¢ms at fair value. The financial statements are presented in sterling which 15 the funciional cutTency of the charity and rounded to lh¢ neares¢ £. The signifiudnl &Lcounlill8 puli¢i¢s iipplied in the PTcparatiun of the5¢ financial Statements ar¢ set out below. These policies have been consistently applied to all years presented un1#55 oih¢rwise sUtt¥d. 'I'he Charity has laken advantage of ihe provisions in the SQRP for charities applying FRS102 Update Bulleiin l as published on 2 February 2016 and does not prepare a Statement of Cash Flows. Fundoccounting Up7reJtriL¢edfunds are available for use at the discretion of Trustees irt furtherance of the general objectives of the Charity. DesignoiedfuncL¥ are unresiricled funds eannarked by TrusLees for particular pury)05es. Resiricledfundf 8re subject to restricti()ns on their expenditure by the tern)s on which Trustees solicited donations or by restrictions imposed by the dortor. Income recognilion All incoming resourc¢s 4r¢ included in the Statement of Finan¢ial Activitie5 (SOFA) wlien the charity is legally entitled to the income after any perforniance conditioiis have been mel. th¢ amount can be measured reliably and il is probablc Iliat the incoine will ix r¢c¢ived. Income from goyemment and other grants are recognised &t fair value when the charity has enliilement After any perforniance conditions have been mel, il is probable that the income will be received and the amount Can be measured reliably. If entitlement is not met then these amounts are deferred. For donations to be reco8nised the charity will have been notified of the arnounts and the settlement date in writing. If th¢r¢ are ¢onditions attached to the donation and this requires a level of p¢rfonnance before cntitlcm¢nt can be obtained ihen income is deferred until those conditions are fully met or the fulfilmenl of those cundiliuns 15 wiihin the ivnlrul vFth¢ Lharily aiid it 15 probablc Ilial tli¢y will be fulfillcd Income from trading activities includes income earned from fundraising events and trading activities to raise funds for the Charity. Income is received in exchange for Supplying good8 and services in order lo rais¢ funds and is recognised when eniitlement has occutTed. Pag¢ 16
The Bridge Community Project Notes to tbe Financigl Statementsfor the year ended 31 Augusi 2024 Eypemdilure recognilion All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is f4 legal or constrnctive obligation lo make payinciit5 to tliird partics. it is probabl¢ that thc scttlcinent will be required and the amourtl of the obligalion Lan be m¢asureLI reliably. li is Ld(e¥orised under Ihe fL)Ilr)win8 lieadiiigs= EKpenditurc on charitable aetivities includes costs incurred by the charity iii the delivery of its activities and services tor ils beneticiaries. li includes both ¢osts that can be allocated ditlY lo such activities aild those cosis of an indireci nature necessary to support them. and Other expenditure represents those items not falling into the categories aknve. Donaled.servlce.f andfacililies Donaled professional services and donated facililies are recognized as income when the charity has control over the item. Bny conditions associated with tlie donated item have been mel, the reL'eipt of th¢ ecollomic benefit from the use by the charity of the item is probable and that e¢onomi¢ benefit can be measured relinbly. No Amount is includ¢d in the financial statements for volunteer tirne in line with the SORP. Furth¢r detail is given in the Trustees, Annual Report. On receipt. donated professional services and donated facilities are recognised on the basis of the value of Ihe gift to the charity which is the amount the charity would have been willing lo pay lo obthin serviLes or facilities of equivalent economic benefit on the open market. a Coesponding amount is then recognised as expenditure in the period of receipt. TangiblefLYedassels Fixed assets ore capilalised at cost wher¢ the value is greater than £500 less a¢¢umulat¢d d¢preciAtion and ac¢umulated impairnient Iosscs. For property assets, an impairnicnt review is p¢rfornied euch year. Depreciation is provided on all tangible fixed &ssets, at rates calculated to write off Ihe ¢osls,1¢55 estimated r¢sidudl Vdlue, of each asset oil ij systeiiiatlL basis over ILS expectcd useful life as follows.. OlCe equipmeni Propety impr()vements Freehold Property 200/0 per annum straighi line 5Q/o, l 00/0 and 200/Tr per annum straight line 2¢/0 per annum slraight line Debiors ondereditors receivable /pdyable wiihln oneyear Dcbiors and creditors with no slated interest rat¢ and receivable or payable within one year are recorded at transaction price. Any losses arising from imp&im)enl are recognis¢d in expenditure. Goln¥ concern The financial statements have been prepared on a ¥oing concern basis a5 Ihe truslees b¢li¢ve thai no material Lincet1ainties exist. The tnislees have considered the level of fiinds held and the expected level of ineoTne and expenditure for 12 month5 from authorisin8 these financial statements. The bud8eled income and ¢xp¢nditur¢ 15 Sufficient wilh the level of reserves for the charity to be able lo continue as a going concern. Pensloms Employees of the charity are entitled to join a defincd contribution pension sch¢m¢. The charity's coiilribulion is rc5triclcd lo Ihc contributions di5c105cd in note 7. The costs of the defined coiitribution seheme are included within charitable expenditure. Page 17
The Bridge Community Project Notes to the Finaneial Statementsfor ihe year ended 31 August 2024 2. Judgements in applying poli¢ies and key soureu of estimation uncertainty In preparing the financial stsiemenis, management is required io make estimates 2nd assurnplions which affect repc)rted income, expenses. assets, and liahilitie.s. Use of av8ilable inforniation and application of judgement are inherent in the formation of estimates, log¢iher with past ¢xp¢rience and expectations of future events that are belteved to be reasonable under the circumstances. Actual results in the future could differ from such estimates. The Trnstees are sali5fied that the accounting policies are appropriate and applied consistently. Key sources of estimation have been appli¢d in delemiining the deprccialion rdl¢s which have been deemed to be appropriale for ihe class ofassel. 3. Related Party Trnns&¢ilons And Trustees, Expenses And RemunerntlOD There We no tronsactions With the Trustees. and no remunerntion nor expenses were paid to the TDJstees, during the year ending 31 August 2024 (2023: nil). There were no tr&nsaction5 with the related parties during the year ending 31 Au8USt 2024 (2023.. nil). Key management personnel are considered to be the Trusiees and the senior management leam, as noted on page l. The senior Tnanagernent team wag restrLiclured in 2024. In 2023. the .senior management teaTn cornprised of the CEO, Financial Wellbeing manager, Coun5elling manager and the 5ieppin8 Stones to Wellbeing manager. In 2024 this was restructured lo the CEOllnlerim CEO and the Business Development manager. Kcy management personnol received remun¢ration of £3 8,789 during th¢ p¢riod (2023: £74,044) which includes pension contributions of £469 (2023.. £1,282). Page 18
The Bridge Community Project Notes to the Financial Staiementsfor iheyear endEd 31 Auguit 2024 4. Dongtiofts gnd eleS Total Funds Unrestricted 2024 Fund$ Total Funds 2023 UnrL%trietcd Restricted FndS Funds Restrleted Fund$ Non gift aid donations Gift Aid Giving Counselling donations Gift Aid Tax Reclaitned Grant income 3.597 600 17,528 4,775 1.000 50 3,647 600 17.513 4,775 203,992 4,085 840 3.674 1,786 10.530 2(rf) 4.285 840 (15) 1,786 439,407 202.992 428,877 27.500 203.027 23LI,527 20,915 429,077 449,992 Included in gTanls is government 8ranl income received from the Scottish Governemeni toialling £36,608 (2023: £35,190). Included in grnnis is government grant income Ttteived from West Loihian Counlil. mod¢rnisation fund tolalling £nil (2023- £7,190). Included in grants is government grant incomc re¢eived from West Lothion Coun¢il, Third Sector Community Support fijnd iotalling £nil (2023.. £6.2501. Includcd in grants is 8ovcrnmcnt grant incomc received from the Scottish Governement for long temi unemploynent totAlling £nil12023.. £7,223). Included in grants is government grant incorne received from West Lothian Council, Place Based Investrneni fund totalling £nil12023.. £83.627). Included in gran15 is government grant incorne received from West Lothian Council. ruTal fund lotalling £nil (202J.' £3,441). 5. Ch*rltAble A¢tiWLtles Total Funds Unre5trlf ted 2024 Fundx Tothl Fund$ 2023 Unrestricted Restrlcted Funds Funds Restrlcled Funds Fundraising Eniuprise iiKX)me Other income 21 10.825 909 21 10,825 909 22 4,841 859 22 4,841 1,358 6,221 499 11,755 11,755 5,722 499 Page 19
The Brid e Community Project Notes to the Financial Statementsfor iheyeay ended 31 Augu.si 2024 6. Analysis of Expenditsre Totsl Funds Unrestricted 2024 Funds Tolal Fund$ 2023 Unrulrieted Restrl¢ted Funds Fund5 Restricted Fund5 Charilable Expenditure Gross salarios - {Notc 7> Counsclling 5UPryV15i0n ¢osis Counselling miscellaneou5 a)s El,C transpnrt Office building Electricity Maint¢nan¢c and rcpairs Stalionrry and 5undries Water Office ielephone and intemel Postage Mobile phone Insurance IT and olTice ¢quipmenl Marketing Websiie 1 raining costs SSTW Course maierials Contraaor costs Membership costs SSTW Generdl q)Kenses SSTW Marketing Event expenses Room hire Affiliations Volunt¢¢r ¢xpcns¢s Stsff expens&s Bank char8es Professional services Indepdent examination fee Depla¢lOn ¢har8e 1.117 145 62 201 J35 202,452 145 62 1.422 130 186,906 1,554 188.328 1.684 12 398 410 580 5,137 3,526 4.741 481 709 580 6,296 4,114 6.806 481 654 64 244 1.898 4.955 892 1.159 588 2.065 225 5,588 1,967 5,668 1,757 3,200 5.893 7.345 5,167 (551 64 106 777 1,855 864 43 1,2Y8 2,522 9,543 2.480 791 1.6i2 156 596 976 1.572 138 102 1.224 6,363 1,777 108 1,224 7.579 1.818 225 1,7Y2 3,619 11.755 3,541 3,100 28 307 128 1,216 41 225 1,426 2,640 10,228 6.001 804 1.632 242 (12) 1.334 726 13,495 15 502 1,650 19,476 290,152 1.792 3.401 10.957 2,482 .105 218 798 1,059 368 685 3.521 86 (12) 75 315 1,623 477 2,004 1.066 614 16.354 477 4,351 2,347 51 1,259 704 18.071 11,872 1.717 502 1.650 19.476 49U87 251 994 1,500 18,543 287,830 1.500 18,543 38,871 240,765 250,449 Total 41) J87 240,765 290,152 38,871 250,449 287030 Support Sts hav¢ not b¢cn 5¢paratcly id¢ntificd as thc tru5tC¢5 considcr that th¢r¢ 15 only one chAritable activity- TherefoEZ support costs relate wtholly to that activity and have not been separately ideniified. Page 20
The Brid e Communit Pro'ect Notes to the Fin3neial Statementssor Iheareded3l Augusi 2024 7. Athalyjls of Staff Cost$ TotAI 2024 Total 21123 Salarie5 and wages Empl(J)rrs NIC Pension w51 182,541 2.775 3,D12 5.008 2,914 202,452 18&328 TotAI 2024 Nmber TotAI 2023 N¥rnber Services ChicfExcculive Olter 13 No emplo¢ hwj employcc bcncfits in excess of £60,00012023'. rLiII. Tvjniible Fil As#etJ Offiee Prop¢rty equiprnent lrnpr•v•m¢r•ts Freehold Prw)orty Total Cost I Vilvllon As 01 I kpi¢mber 2023 Addiiions 2.40U 749 133,315 7,836 195.000 350,715 ,58J AJ At 31 August 2024 3,149 161,151 195,lYJO 359.300 Deprttlltlo Lt I Sepicmber 2023 Charge for the year As •t 31 Au8w5t 2024 480 630 14.163 14.946 7,800 3.900 22,443 19.476 29,109 11,700 41,919 Nel Book Vl¥¢ As ai 3 l Ausust 2023 1,920 139,152 187.200 328,272 As 31 AuKust 2024 2.039 132,lJ42 183JOO 317,381 The property ai 2U Shairps Business Park 19 subject to a standard StritY in ttiVDur of The Hinchlcy Chariiablc I"ru5t in rElation io th¢ borrowin froTD th¢rn. T•n¥iblE Fixed AsJetJ Offict Property equipmtht Improvements Freehold Property Tot1 Coyt / Valuatio A3 al I S¢pt¢rnber 2022 Addiiiuiis 195.000 195.000 155.715 2.4tM) 153,115 As At 31 A8$t 2023 153Jl5 195,000 350,715 Dlprttlatlon As al I Scptemt¢r 2022 Charge f(K the year As At 31 Al88t 2023 3.900 3,900 3,91>0 18.543 14,163 480 14163 7,800 22.443 Net B& Value A5 al 31 August 2022 191.100 191,100 As At 31 August 2023 1,920 139.152 187.200 J28272 Page21
The Brid e Communi Pro ect Notes to the Financial St*lementsfor ihewar ended 31 2024 9. Analysls of Debtors Totsl Funds Unr¢strict¢d 2024 Funds TotAI Funds 2023 Unr¢5tricted Restricted Funds Funds Restricted Funds Trade debtors Prepa)ments and Acern income her debtors 60 1,345 369 60 502 194 777 369 194 1,774 1,774 756 777 .S33 lil. Analysis ofcurrent14bllltles And term credltors Totxl F$ Unrestrleted 2024 Funds Tot41 Fund5 2023 Unrestrleted Restrkted Fund5 Funds Restrleted Funds Due wlthln on¢ yeor Trnde (rTtorS ALkrua15 aiid dcfcrred income Loans 1,339 3,299 10.420 1,339 3,299 10,420 15,058 1,867 10.764 577 2,444 10.704 12,638 577 13,215 15.038 Totsl Funds UThrestrlc¢ed 2024 Fund$ Tot91 Funds 2023 Unrestrlcted R¢strlcted Funds Funds Rt$trl¢ted Fund$ Crediton due #fter one year Loans 138,235 138.235 149,030 149.030 138,235 138.233 149,030 149,030 I l. Analysiy of Net Assets Among Funds Totsl Funds Unrestrieted 2024 Funds Totsl Funds 2023 Unrestricted Restricted Funds Funds Restricted Fund3 Fixed Assets cent Assets Current Liabilitie5 Long Term Liabilities 317.J81 317,381 114,655 (13,215) (15,U58) 11 i8,2351 (149,OJO) 280,586 203,683 328,272 328,272 164.272 (15.058) 1149,OJO) 328,456 124,773 (12.638) I l J8,2J5) 198,610 {5771 81,976 124,773 Page 22
The Bridge Community Project Notes to the Financial Stgtementsfor the year ended 3] August 2024 12. Movement In Funds Asat In¢omiAg 01.09.2023 Re50ur¢ex Outgoing Tr&n$fers Asat Re$ourte# GainslLosses 31,0&2024 Restricted Funds Anton Jurgens Charitable Trust B¢ruv¢m¢nl sUPPOrt fvnd Bridge Building nd Bridge Support fund Comi¢ Relief Fund Conundrum Charitable Trust Corra Foundation fund David & Averil Macdonald fid Edward Gostling koundaiion nd Fauldhouse Cornmunity Dev¢lopment Trust nd The Hugh Fraser Foundaiion fund Impact Funding Project (Forrnerly Volurthary A¢tion fund) Inv¢stin8 in Communities Fund Lady Marion Gibson Trust LNER M&G plc Community Fund Mapl¢ Trust Mary tjrown Memorial Trust filnd Nancie Massey CT Fund National Lottery Community fijnd National ttery Cost of Living fvnd NI4S West Lothian W¢llbein8 fund Robertson Trust fund Scr¢wfix fund Souter Charitable Trust fvnd Stafford Trust fvnd Universtiy of Edinbur8h fjjnd Voluntary Sector Gateway thnd Waller Scott fund West tA)thian Council Fund 2.000 (1,454) 112) (303) (9,824) 1155) 546 30 509 (1061 9,756 155 7,825 7,651 2,000 ,000 5.000 2,non 9.080 816 9,062 {7,9821 {4,1841 1,204 2,000 4,000 (1.0361 2.168 4.000 4.817 1,619 (7,705) {266} (6.594) 36,608 (33,489) (2,400) (5,874) 9,975 9,975 4,000 496 4,368 {4,0001 {4961 (4,3681 {4801 (40,7821 (41.763) (27,950) (18,350) 1,000 39,167 520 5,838 8,935 41,736 18,813 4,845 (1,482) 27 44 (1,438) 28,282 19.000 5.000 2,(M)O J.000 5.000 19,189 4,057 5,000 1,441 2,845 {32841 (5,0001 (120) 5.000 8,582 9.478 5,432 (8,9791 (14.4861 (4,4841 (24Q,766) 397 10.000 4.992 724 1224) 124,773 203,027 (5,059) 81.975 Unre5trlEted Tr'und$ Cjeneral Fixed Assets Building 34.861 141,072 27,750 39,255 (29,911) (15,576) (3,900) (49J87) 113,977} 8,585 10,451 30.228 134,081 34,301 203,683 39,255 S,OS9 198,610 Total Funds 328,450 2422112 (290,153) 2811,585 Descrlptlon of transfers Transftrs relate io capltallsati¢Jn of flxed assets and property improvemenLS and loan repayments on loans for the purchase of building. Some try4nsfers have also been made io correci historical issues with fi]nd balances. Page 23
The Brid e Communi Pro ect Noles to the Financial Statemenlsfor ihe year ended 31 Aug$1 2024 12. Movement in Funds (cont'd) Asat Intoming 01.119.2022 Resourees Outgoing Transfen Ast Resources CinslLosses 31.08.2023 Restrlcled Fund$ Amold Clark nd Baillie Gifford fvnd Bank of Scotland Foundation fijnd Bereavement support fvnd Bridge Building fund Bridgc Support fund Comic Relief Fund Corra F'oundation fvnd Edward Gostling Foundation fijnd Fauldhousc Comrnunity Dcvclopment Trust fijnd Thc Hugh frascr foundalion fijnd IinpiiLI Funding Pruj¢L( (FUer]Y Vuluntary Action fiAnd) Investin8 in Communities Fund Lady MaTiOll Gibson Trust M&G plc Commununity Fund Maple Trust Mary Brown Metrioridl Trust fund Nancle M&ssey CT Fund National I,ottery Lommunity fund National Lott¢ry Cost of Livin8 fund NHS West Lothian Wellbeing fvnd Pc£)plc5 Postcodc Lottcry fijnd Robertson Trust fund Souier Ch8rirable Trust fvnd Voluntary Or Ciateway fund Walter Seott West Lothian Council Fund 1,000 2.399 11,152 155 {774) 7,082 9.0(X) ,000 (1,000) (2,3991 (11,714) {125) (387) {7.780) (8,845) (12,988) (4,997} (1,496} (3,0001 562 30 138,571 10.454 (137,410) 9,756 155 9,062 14,050 5,000 1,000 1,700 3,000 1.798 1.204 11,847 (508) 1,619 (4,222) 1,194 2,100 2,617 35,190 (33,03Jl {4.529) 16,594) 4,000 {2,100) {2,1211 4,000 496 4,368 4,368 2.000 5,521 {2.(KlO) (40,634) (14.750) (17.335) 47,204 56,486 36.148 13,156) 8.935 18,813 ,699 I,iOI 19,000 (16.104) (1,456} (13,479) (10,158} {29,8441 (250,449) (6.750) 4.845 2,845 8,582 9.478 5,432 124,773 16,378 i 0.000 16,880 9,823 22,364 IDI92 (187) (J,9681 (ISS,946) 429J76 Unre$tri¢ted Funds GenerL Flxed Assets Building 37,921 26,637 (20,3281 (14.643) (J.9001 (38,871) 19.J69) 155.715 9,600 34.861 141.072 27,750 22,050 59,971 26,637 155,946 2113,683 Totsl bundg 161,563 456,213 (289.320) 328,456 Page 24
The Brid e Communi Pro ect Notes to the Finaneial Statementsfor ihe year ended 31 Augusf 2024 12. Movement in Funds (cont'd) Fund Purposes.. Restricted Funds: The Anton Jursens Charilable Trwt fund supported our affordable coullselling provision. The Arp701d Clarkfvnd supp)rt¢d our Counselling Service to improv¢ th¢ ernolional wellbeing of clienls. The Baillie Giffordfvnd supports our Financial Wellbeing service. The Bunk ofSco¢land Foundotionfvnd supported our Financial Wellbeing service. The Bereavemenl supportJund supported the development of our Bereavement 5UPPOrt course5. The Bridge Buildiplgfynd will support the purchase of our Wellbeing Hub. The Bridge Supporifypld supported ¢li¢nts who need¢d some extra practical assistance. I'he L'omic Relieffvnd supports our Ci)unselling Service io improve the emotional wellbeing of clients. The Conundrum Charilable TrM$ifynd supported cooking sessions wiihin out Financial Well1ng Service. The Corra Foundalionfvnd supported our Financial Wellheing qervice and Counselling service. The David undAveril Macdonalfynd supported the employment of a money adviser. Th¢ Edwurd Gosllng Foundaiionfund supports our Counselling service. The Fauldhouse Cummunity Developmeni Trustfund sUPPOrted u5 to work wiiliin the Fauldhouse and Breich V8ll¢y areas, offering F'inoncial Wellbein8. The Hugh Fraser Foundationfvnd supported our Counselling service. The fmpuci Funding Pavlners (Voluniury Aeiionfvnd) siipporteAI u% to bring in more volunteers to our work. The Inve.fiing in Cnmmuniile.f fvnd supports our Rebuilding Hope projeci working with f84mili¢s to irnprove Financial Wellbein& The Lady Mupiun Gib.nn Trusi supports the work of our Financial Wellbeing Service. Th¢ LNERfvnd supports our emotional wellbeing work. The M&G PIC Communityfvnd supporting our Counselling Service lo improve the ¢motional wellbeing of lit5. The Maple Trust supporis ihe work ofour Financial Wellbeing Servlce. The Mary Brown Memowial Tusifyndsupporls oNr Counselling service. Th¢ Nancie Massey CTfund supports our Financial Wellbeing Servic¢ to improve the finanical Wellb¢ing of client& The Nc71ional Loltery Communityfynd supports the work of our Stepping Stone5 to Wellbeing Service. The NJlic)n(41 Lolfery C051 ofLiving.fvnd supports our Financial Wellbeing Service to improve the finanical Wellbeing of clients. The NH.g Wesi Luihian Fyell beingfvnd SUPFM)rt5 the Wellbeing service. The People s Poslcode Lolteryfvnd supports all of the 5ervice5 in the Bridge to improve everyday wollbeing. Pagc 25
The Bridge Community Project Note5 to the Financiydl Stydtementsfor ihg year ended 31 Augusi 2024 12. Movement in Funds (¢ont'd) Fund Purposes: Restricted Funds: The Roberison Tru¥ifvid support5 running costs in connection with the The Bridge Communiry Project The Screwfixfund supports the soundproofing of our wound floor al the Bridge Wellbeing Hub. The Sotsier Charilable Truslfynd support&J our services. The Siaffnrd Trusifvnd supported our Counsellin8 Service. The University ufEdinburghfund supports our emotional wellking work in West Lothi8n. The Volunlary.Yeclow Craleway fund supported us to provid¢ counselling to the third sect. The Waller Scoii fvnd gUPPOrts the work of our Counselling Service. The Fyesi thhian Couhcllfypml provide5 SUPPDrt towards our social enterprise developmen1& Unrestricted Fund8: The General Fund encompasses all income and expenditure relatin8 to the primary focus activities of the harity. other than those for which funding is restrict, Thc Fixcd a55Ct fund represents the net book value of the charity's fix¢d asS¢ts. ¢xcluding buildings. The Building Fund represents the net book value of the charitys property le55 loan5. Page 26