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35,970 claims
The Bridge Foundation's financial statements adhere to FRS 102.
The accounts have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities in preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)
Financial · Policy statement · From The Bridge Foundation — annual report and accounts, year ending 31 March 2025, page 16
The Bridge Foundation's trustees have committed to increasing the diversity of their board membership.
Trustee recruitment has been a focus of the last year with a number of long-term Trustees standing down. The Trustees have committed to developing the membership of the Board and increasing its diversity
Governance · Commitment statement · From The Bridge Foundation — annual report and accounts, year ending 31 March 2025, page 7
The Bridge Foundation's trustees aim to provide a balanced board with skills and experience relevant to the charity’s work.
The Board of Trustees aims to provide a balance of skills and experience relevant and applicable to the work of The Bridge Foundation, our beneficiary groups and the issues we are dealing with
Governance · Policy statement · From The Bridge Foundation — annual report and accounts, year ending 31 March 2025, page 7
The Bridge Foundation's trustees regularly address risk management issues and maintain a risk register.
Trustees regularly address risk management issues, which are the major strategic, business and operational risks which the charity faces, the maintenance of a risk register
Governance · Procedural statement · From The Bridge Foundation — annual report and accounts, year ending 31 March 2025, page 6
The Bridge Foundation's trustees are reviewing and planning to improve the reserves policy over time.
The trustees are in the process of reviewing the reserves policy, and will implement a plan for improving the reserves position of the Charity over time
Governance · Commitment statement · From The Bridge Foundation — annual report and accounts, year ending 31 March 2025, page 6
The Bridge Foundation's reserves as of March 2025 were insufficient, equating to only one to two months of support costs.
Support costs for six months amount to approx. £107,000 and at the end of the year free reserves are £25,232, equating to 1 to 2 months of support costs
Financial · Metric statement · From The Bridge Foundation — annual report and accounts, year ending 31 March 2025, page 6
The Bridge Foundation has a policy to maintain free reserves at least equivalent to six months of unrestricted expenditure.
Trustees have, therefore, established a policy whereby free reserves (the unrestricted funds not committed in tangible fixed assets or otherwise designated by a funder or donor) should be maintained at a minimum level equating to at least six months of unrestricted expenditure
Governance · Policy statement · From The Bridge Foundation — annual report and accounts, year ending 31 March 2025, page 6
The Bridge Foundation's financial position at the end of March 2025 showed a deficit, with expenditure exceeding income.
The year ended with expenditure of £1,067,694 against an income of £1,013,589
Financial · Metric statement · From The Bridge Foundation — annual report and accounts, year ending 31 March 2025, page 5
The Bridge Foundation faced financial challenges due to changes in government funding for the Adoption and Special Guardianship Support Fund (ASGSF).
In April 2025, the government announced major changes in the Adoption and Special Guardianship Support Fund (ASGSF). As the income from this fund represented a substantial portion of the charity’s income, it was clear that a change of strategic direction was needed.
Financial · Risk statement · From The Bridge Foundation — annual report and accounts, year ending 31 March 2025, page 4
The Bridge Foundation's Bridge in Schools service provides therapeutic support to children with complex emotional needs in deprived areas of Bristol.
The Bridge in Schools team delivers therapeutic services in some of Bristol's most deprived areas, supporting children with complex emotional needs within the school setting. Schools face increasing challenges managing children experiencing severe emotional and behavioural difficulties, and our embedded therapeutic approach provides vital early intervention.
Service · Observational claim · From The Bridge Foundation — annual report and accounts, year ending 31 March 2025, page 4
The Bridge Foundation changed its leadership structure in 2025, replacing a Joint Leadership Team with a single Chief Executive Officer.
Following a period of evaluation and some changes in senior staff, the trustees concluded that the Joint Leadership Team (JLT) structure established in 2022 should be replaced with a single Chief Executive Officer.
Governance · Procedural statement · From The Bridge Foundation — annual report and accounts, year ending 31 March 2025, page 4
The charity experienced a significant decrease in debtors from the previous year.
(Increase)/decrease in debtors (281,412) 7,918
Financial · Trend statement · From Lewisham Refugee and Migrant Network — annual report and accounts, year ending 31 March 2025, page 48
The charity's cash generated from operations decreased significantly from £73,955 in 2024 to a negative £247,768 in 2025.
Cash (absorbed by)/generated from operations (247,768) 73,955
Financial · Trend statement · From Lewisham Refugee and Migrant Network — annual report and accounts, year ending 31 March 2025, page 48
The charity's surplus for the year decreased from £37,862 in 2024 to £36,292 in 2025.
Surplus for the year 36,292 37,862
Financial · Trend statement · From Lewisham Refugee and Migrant Network — annual report and accounts, year ending 31 March 2025, page 48
There were no disclosable related party transactions during the year.
There were no disclosable related party transactions during the year (2024 - none).
Financial · Observational claim · From Lewisham Refugee and Migrant Network — annual report and accounts, year ending 31 March 2025, page 48
The charity had no material debt during the year.
The charity had no material debt during the year.
Financial · Observational claim · From Lewisham Refugee and Migrant Network — annual report and accounts, year ending 31 March 2025, page 48
The charity's total number of employees increased from 20 in 2024 to 25 in 2025.
The average monthly number of employees during the year was: 2025 2024 Number Number Management 2 2 Immigration 11 7 Advisory 7 8 Finance and Administration 5 3 Total 25 20
Operational · Observational claim · From Lewisham Refugee and Migrant Network — annual report and accounts, year ending 31 March 2025, page 40
The charity's total staff costs increased from £269,084 in 2024 to £304,737 in 2025.
- 36 - 10 Support costs allocated to activities 2025 2024 £ £ Staff costs 304,737 269,084 Depreciation 3,134 1,170 Finance & admin: Project costs 29,009 3,887 Finance & admin: Premises 11,051 3,003 Finance & admin: Office costs 11,617 3,325 Finance & admin: Other costs 23,644 52,117 Sundry expenses - 228 Governance costs 11,863 14,524 395,055 347,338
Financial · Observational claim · From Lewisham Refugee and Migrant Network — annual report and accounts, year ending 31 March 2025, page 39
The charity's total employment costs increased from £818,220 in 2024 to £925,971 in 2025.
Employment costs 2025 2024 £ £ Wages and salaries 811,305 718,840 Social security costs 74,462 64,633 Other pension costs 40,204 34,747 925,971 818,220
Financial · Observational claim · From Lewisham Refugee and Migrant Network — annual report and accounts, year ending 31 March 2025, page 40
The charity's total unrestricted funds increased from £528,998 in 2024 to £619,245 in 2023.
At 1 April 2024 Incoming resources Resources expended Transfers Gains and losses At 31 March 2024 £ £ £ £ £ £ General funds 619,245 243,253 (369,034) 59,481 (23,947) 528,998 Previous year: At 1 April 2023 Incoming resources Resources expended Transfers Gains and losses At 31 March 2024 £ £ £ £ £ £ General funds 600,518 221,828 (203,101) - - 619,245
Financial · Observational claim · From Lewisham Refugee and Migrant Network — annual report and accounts, year ending 31 March 2025, page 46