BRIDGE MENTORING COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
12194950 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2024

Period of accounts

Start date: 1 October 2023

End date: 30 September 2024

BRIDGE MENTORING COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 30 September 2024

Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

BRIDGE MENTORING COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 30 September 2024

2024 2023


£

£
Turnover: 131,165 76,994
Gross profit(or loss): 131,165 76,994
Administrative expenses: ( 107,411 ) ( 70,709 )
Operating profit(or loss): 23,754 6,285
Profit(or loss) before tax: 23,754 6,285
Tax: ( 4,251 ) ( 444 )
Profit(or loss) for the financial year: 19,503 5,841

BRIDGE MENTORING COMMUNITY INTEREST COMPANY

Balance sheet

As at 30 September 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets: 3 4,200 4,800
Tangible assets: 4 5,783 3,739
Total fixed assets: 9,983 8,539
Current assets
Debtors: 5 10,541 7,439
Cash at bank and in hand: 20,975 3,097
Total current assets: 31,516 10,536
Creditors: amounts falling due within one year: 6 ( 6,891 ) ( 3,970 )
Net current assets (liabilities): 24,625 6,566
Total assets less current liabilities: 34,608 15,105
Total net assets (liabilities): 34,608 15,105
Members' funds
Profit and loss account: 34,608 15,105
Total members' funds: 34,608 15,105

The notes form part of these financial statements

BRIDGE MENTORING COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 30 September 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 21 November 2024
and signed on behalf of the board by:

Name: Amanda Jane Holt
Status: Director

The notes form part of these financial statements

BRIDGE MENTORING COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: Office Equipment 20% Straight Line

    Intangible fixed assets amortisation policy

    Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses. They are amortised over their estimated economic life of 10 years.

BRIDGE MENTORING COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 17 8

BRIDGE MENTORING COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 October 2023 6,000 6,000
Additions
Disposals
Revaluations
Transfers
At 30 September 2024 6,000 6,000
Amortisation
At 1 October 2023 1,200 1,200
Charge for year 600 600
On disposals
Other adjustments
At 30 September 2024 1,800 1,800
Net book value
At 30 September 2024 4,200 4,200
At 30 September 2023 4,800 4,800

BRIDGE MENTORING COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 October 2023 5,386 5,386
Additions 3,902 3,902
Disposals
Revaluations
Transfers
At 30 September 2024 9,288 9,288
Depreciation
At 1 October 2023 1,647 1,647
Charge for year 1,858 1,858
On disposals
Other adjustments
At 30 September 2024 3,505 3,505
Net book value
At 30 September 2024 5,783 5,783
At 30 September 2023 3,739 3,739

BRIDGE MENTORING COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 September 2024

5. Debtors

2024 2023
£ £
Trade debtors 10,041 7,439
Other debtors 500
Total 10,541 7,439

Other Debtors include £500 (2023 £0) owed from a director.

BRIDGE MENTORING COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 September 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 1,428 269
Taxation and social security 4,315 1,176
Accruals and deferred income 840 840
Other creditors 308 1,685
Total 6,891 3,970

Other Creditors include £0 (2023 £1,620) owed to a director.

BRIDGE MENTORING COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 September 2024

7. Loans to directors

Name of director receiving advance or credit: Amanda Jane Holt
Description of the transaction:
Director's Loan
£
Balance at 30 September 2023
Advances or credits made: 500
Advances or credits repaid:
Balance at 30 September 2024 500

COMMUNITY INTEREST ANNUAL REPORT

BRIDGE MENTORING COMMUNITY INTEREST COMPANY

Company Number: 12194950 (England and Wales)

Year Ending: 30 September 2024

Company activities and impact

The company supports neurodivergent adults in education and employment and currently does this by supporting neurodivergent students in higher education and employment alongside supporting neurodivergent adults become mentors and providing employment opportunities within the organisation. Bridge also delivers neurodivergent training via our neurodivergent trainers and speakers to a number of organisations, including Birmingham City Council and education providers. We also provide neurodivergent consultancy for research projects and practitioners. Bridge currently employs 17 people to provide mentoring and employment support. The company has two directors. Our neurodivergent led training and mentoring provides person-centered, strengths based, and sensitive support due to our knowledgeable staff team, many of whom have personal experience in this area. We provide CPD, supervision and team meetings to support our staff and to encourage their input into the development of Bridge Mentoring CIC.

Consultation with stakeholders

Neurodivergent students provide feedback on their support through surveys two times per year and via our website. Employees are able to provide informal feedback on the development of Bridge Mentoring's approaches to supporting them on an ongoing basis. We now have staff working groups developing different aspects of our provision and staff members are involved in developing different aspects of the organisation in line with our shared values. Our training packages are developed with and by neurodivergent trainers. We seek out customer feedback for our training packages. We consult with higher education institutions, the Department for Education and funding providers to ensure that we are meeting needs, through informal channels, surveys and following quality standards. We have recently passed our Department of Education audit.

Directors' remuneration

Director's remuneration is available within the accounts.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
21 November 2024

And signed on behalf of the board by:
Name: Amanda Jane Holt
Status: Director