THE BRIDGE TRUST

Charity Number: 204536
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

To provide charitable relief within its area of benefit as prescribed by the scheme of the charity, namely Bideford and its immediate neighbourhood. This excludes Barnstaple and Torrington and all areas beyond.

Income and expenditure

Data for financial year ending 31 December 2023

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

Main way of carrying out purposes is grant making
What the charity does:
  • General Charitable Purposes
  • Education/training
  • Disability
  • The Prevention Or Relief Of Poverty
  • Religious Activities
  • Arts/culture/heritage/science
  • Amateur Sport
  • Economic/community Development/employment
  • Recreation
Who the charity helps:
  • Children/young People
  • Elderly/old People
  • People With Disabilities
  • Other Charities Or Voluntary Bodies
How the charity helps:
  • Makes Grants To Individuals
  • Makes Grants To Organisations
Where the charity operates:
  • Devon

Governance

Registration history:
  • 05 April 1962: Standard registration
Organisation type:
Other
Other names:
  • BIDEFORD BRIDGE TRUST (Working name)
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Risk management
  • Serious incident reporting policy and procedures
  • Trustee conflicts of interest policy and procedures
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

11 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
WILLIAM GEORGE ISAAC Chair
BIDEFORD FILM SOCIETY
Received: On time
THE NORTH DEVON ATHENAEUM
Received: On time
Sadie Louise Green Trustee 07 April 2022
None on record
Shirley Jean Langford Trustee 05 August 2021
None on record
Peter Ralph Sims Trustee 01 April 2021
CHARITY OF JOHN ANDREW (ANDREW'S DOLE)
Received: On time
JUDE GUBB Trustee 27 July 2020
BIDEFORD YOUTH PIPE BAND
Received: On time
JAMIE MCKENZIE Trustee 01 August 2016
None on record
SALLY JOY ELLIS Trustee 07 May 2013
None on record
ERIC ARTHUR HUBBER Trustee
None on record
ELIZABETH JUNKISON Trustee
None on record
OLIVER CHOPE Trustee
None on record
PETER CHRISTIE Trustee
NORTH DEVON MUSEUM TRUST
Received: On time

Financial history

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Financial period end date

Income / Expenditure 21/12/2019 21/12/2020 31/12/2021 31/12/2022 31/12/2023
Total gross income £836.38k £854.08k £865.84k £879.26k £881.04k
Total expenditure £805.49k £750.22k £901.24k £1.07m £1.02m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A N/A
Income - Donations and legacies £0 £0 £200 £1.00k £250
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £0 £0 £0 £0 £0
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £836.38k £854.08k £865.64k £878.26k £880.79k
Income - Other £0 £0 £0 £0 £0
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £582.67k £575.03k £565.49k £703.86k £678.19k
Expenditure - Raising funds £221.82k £174.19k £334.75k £369.76k £344.52k
Expenditure - Governance £32.09k £35.34k £0 £0 £0
Expenditure - Grants institution £547.01k £538.21k £0 £0 £0
Expenditure - Investment management £217.66k £660 £0 £0 £0
Expenditure - Other £1.00k £1.00k £1.00k £1.00k £1.00k

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 21/12/2019 21/12/2020 31/12/2021 31/12/2022 31/12/2023
Own use assets £13.08m £14.94m £15.97m £16.57m £13.84m
Long-term investments £3.67m £3.24m £4.59m £3.94m £4.56m
Other assets £1.30m £1.12m £337.19k £193.73k £124.57k
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £130.49k £116.13k £168.25k £210.76k £319.70k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 December 2023 18 October 2024 On Time
Accounts and TAR 31 December 2023 18 October 2024 On Time Download Open in new window
Annual return 31 December 2022 12 July 2023 On Time
Accounts and TAR 31 December 2022 12 July 2023 On Time Download Open in new window
Annual return 31 December 2021 06 October 2022 On Time
Accounts and TAR 31 December 2021 06 October 2022 On Time Download Open in new window
Annual return 21 December 2020 12 July 2021 On Time
Accounts and TAR 21 December 2020 12 July 2021 On Time Download Open in new window
Annual return 21 December 2019 19 October 2020 On Time
Accounts and TAR 21 December 2019 19 October 2020 On Time Download Open in new window
Submit annual return Open in new window

Contact information

Address:
First Floor Offices
4 Bridgeland Street
Bideford
Devon
EX39 2PS
Phone:
01237471888