Charity registration number 1010582
Company registration number 02386852 (England and Wales)
BRENDAN'S BRIDGE
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
BRENDAN'S BRIDGE
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mrs A Hooper
Mr J J Holland
Mrs P Williams
Mr M S Harrod `
Mr B McIlwraith
Secretary
Mrs J A Gale
Charity number
1010582
Company number
02386852
Registered office
City Works
Alfred Street
Gloucester
GL1 4DF
Independent examiner
Griffiths Marshall
4th Floor
Llanthony Warehouse
The Docks
Gloucester
Gloucestershire
GL1 2EH
BRENDAN'S BRIDGE
CONTENTS
Page
Trustees report
1 - 2
Independent examiner's report
3
Statement of financial activities
4
Balance sheet
5
Notes to the financial statements
6 - 12
BRENDAN'S BRIDGE
TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
- 1 -

The trustees present their report and financial statements for the year ended 31 March 2024.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Charity's act, the Companies Act 2006 and "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 1 January 2019)".

 

 

Amalgamation of Brendan’s Bridge Charity with Jigsaw Community Co-operative

Final Trustee Meeting

At the final trustee meeting held on 22/01/2024, a significant decision was reached to amalgamate Brendan’s Bridge Charity into Jigsaw Community Co-operative. This decision reflects a commitment to sustaining the essential services provided by Brendan’s Bridge while expanding its reach and impact through alignment with Jigsaw’s diverse service offerings.

Details of the Amalgamation

As part of the amalgamation process, the following changes in trustee positions were agreed:

Impact of the Amalgamation

The decision to integrate Brendan’s Bridge Charity into Jigsaw Community Co-operative is driven by shared values and a commitment to enhancing community-focused services. Key benefits of the amalgamation include:

  1. Sustaining and Expanding Services: The amalgamation will sustain the core services previously offered by Brendan’s Bridge and expand their reach within the county.

  2. Strengthened Youth Provision: A stronger focus will be placed on delivering comprehensive youth services, providing greater support to young people in the community.

  3. Mental Health and Counselling Services: Jigsaw Community Co-operative will build on its existing capacity to offer a robust mental health and counselling service, supporting individuals and families. The amalgamation will also enable Jigsaw to become CQC registered, ensuring high standards of care and professionalism.

  4. Community Support: This transition enhances the broader community support sector within Jigsaw (main focus area Matson, Robinswood and White City), offering a more integrated approach to supporting residents in more key areas including Barton and Tredworth, Kingsholm, Westagte, potentially Kingsway and throughout the county.

BRENDAN'S BRIDGE
TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
- 2 -
Objectives and activities

 

Next Steps

 

This amalgamation represents a forward-thinking step to safeguard and enhance the invaluable services that Brendan’s Bridge Charity has provided. By joining forces with Jigsaw Community Co-operative, we ensure these services continue to thrive and evolve, addressing the changing needs of our community with resilience and innovation.

Approved by the Trustees of Brendan’s Bridge Charity

 

 

Angela Hooper

Trustee/Treasurer

 

31/03/2024

 

BRENDAN'S BRIDGE
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF BRENDAN'S BRIDGE
- 3 -

I report to the trustees on my examination of the financial statements of Brendan's Bridge (the Charity) for the year ended 31 March 2024.

Responsibilities and basis of report

As the trustees of the Charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).

Having satisfied myself that the financial statements of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1

accounting records were not kept in respect of the Charity as required by section 386 of the 2006 Act; or

2

the financial statements do not accord with those records; or

3

the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

4

the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Griffiths Marshall
4th Floor
Llanthony Warehouse
The Docks
Gloucester
Gloucestershire
GL1 2EH
Dated: 21 March 2025
BRENDAN'S BRIDGE
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
- 4 -
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
2024
2024
2024
2023
2023
2023
Notes
£
£
£
£
£
£
Income and endowments from:
Donations and legacies
3
274
42,500
42,774
52,510
46,915
99,425
Other income
4
360
17,118
17,478
11,247
61,308
72,555
Total income
634
59,618
60,252
63,757
108,223
171,980
Expenditure on:
Charitable activities
5
13,731
61,880
75,611
24,016
132,488
156,504
Total expenditure
13,731
61,880
75,611
24,016
132,488
156,504
Net income/(expenditure)
(13,097)
(2,262)
(15,359)
39,741
(24,265)
15,476
Transfers between funds
(21,644)
21,644
-
(16,000)
16,000
-
Net movement in funds
7
(34,741)
19,382
(15,359)
23,741
(8,265)
15,476
Reconciliation of funds:
Fund balances at 1 April 2023
34,741
1,989
36,730
11,000
10,254
21,254
Fund balances at 31 March 2024
-
21,371
21,371
34,741
1,989
36,730

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

BRENDAN'S BRIDGE
BALANCE SHEET
AS AT 31 MARCH 2024
31 March 2024
- 5 -
2024
2023
Notes
£
£
£
£
Current assets
Debtors
11
1,320
-
Cash at bank and in hand
21,371
37,730
22,691
37,730
Creditors: amounts falling due within one year
12
(1,320)
(1,000)
Net current assets
21,371
36,730
Income funds
Restricted funds
14
21,371
1,989
Unrestricted funds
-
34,741
21,371
36,730

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2024.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Trustees on 21 March 2025
Mrs A Hooper
Treasurer
Company registration number 02386852
BRENDAN'S BRIDGE
NOTES TO THE  FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
- 6 -
1
Accounting policies
Charity information

Brendan's Bridge is a private company limited by guarantee incorporated in England and Wales. The registered office is City Works, Alfred Street, Gloucester, GL1 4DF.

1.1
Accounting convention

The financial statements have been prepared in accordance with the Charity's [governing document], the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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 1 January 2019). The Charity is a Public Benefit Entity as defined by FRS 102.

 

The Charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.

The financial statements are prepared in sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the Charity.
1.4
Income
Income is recognised when the Charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the Charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the Charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
BRENDAN'S BRIDGE
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
1
Accounting policies
(Continued)
- 7 -
1.5
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
25% Straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.6
Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.7
Financial instruments

The Charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

 

Financial instruments are recognised in the Charity's balance sheet when the Charity becomes party to the contractual provisions of the instrument.

 

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

 

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

 

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Charity’s contractual obligations expire or are discharged or cancelled.

BRENDAN'S BRIDGE
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
1
Accounting policies
(Continued)
- 8 -
1.8
Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

 

Termination benefits are recognised immediately as an expense when the Charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.9
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2
Critical accounting estimates and judgements

In the application of the Charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Donations and legacies
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
2024
2024
2024
2023
2023
2023
£
£
£
£
£
£
Donations and gifts
274
-
274
2,510
-
2,510
Grants
-
42,500
42,500
50,000
46,915
96,915
274
42,500
42,774
52,510
46,915
99,425
4
Other income
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
2024
2024
2024
2023
2023
2023
£
£
£
£
£
£
Other income
360
17,118
17,478
11,247
61,308
72,555
BRENDAN'S BRIDGE
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
- 9 -
5
Charitable activities

Charitable Expenditure

2024
2023
£
£
Staff costs
55,338
55,719
Depreciation and impairment
-
300
Insurance
801
-
Other staff costs
1,141
953
Rent, rates and room hire
4,489
6,298
Bookkeeping
2,636
1,484
Mental health counsellor
4,212
11,407
Hospitality
1,188
16,231
Office costs
718
160
Sundries
3,220
62,520
73,743
155,072
Share of governance costs (see note 6)
1,868
1,432
75,611
156,504
Analysis by fund
Unrestricted funds
13,731
24,016
Restricted funds
61,880
132,488
75,611
156,504
6
Support costs
Support costs
Governance costs
2024
Support costs
Governance costs
2023
£
£
£
£
£
£
Audit fees
-
1,646
1,646
-
1,260
1,260
Legal and professional
-
150
150
-
-
-
Bank charges
-
72
72
-
72
72
Sundries
-
-
-
-
100
100
-
1,868
1,868
-
1,432
1,432
Analysed between
Charitable activities
-
1,868
1,868
-
1,432
1,432

 

BRENDAN'S BRIDGE
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
- 10 -
7
Net movement in funds
2024
2023
£
£
The net movement in funds is stated after charging/(crediting):
Fees payable for the independent examination of the charity's financial statements
1,646
1,260
Depreciation of owned tangible fixed assets
-
300
8
Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the Charity during the year.
9
Employees

The average monthly number of employees during the year was:

2024
2023
Number
Number
4
3
Employment costs
2024
2023
£
£
Wages and salaries
54,854
54,539
Social security costs
-
154
Other pension costs
484
1,026
55,338
55,719
There were no employees whose annual remuneration was more than £60,000.
10
Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

11
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
1,320
-
12
Creditors: amounts falling due within one year
2024
2023
£
£
Accruals and deferred income
1,320
1,000
BRENDAN'S BRIDGE
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
- 11 -
13
Retirement benefit schemes
2024
2023
Defined contribution schemes
£
£
Charge to profit or loss in respect of defined contribution schemes
484
1,026

The Charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the Charity in an independently administered fund.

14
Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

At 1 April 2023
Incoming resources
Resources expended
Transfers
At 31 March 2024
£
£
£
£
£
1,989
59,618
(61,880)
21,644
21,371
Previous year:
At 1 April 2022
Incoming resources
Resources expended
Transfers
At 31 March 2023
£
£
£
£
£
10,254
108,223
(132,488)
16,000
1,989
15
Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 April 2023
Incoming resources
Resources expended
Transfers
At 31 March 2024
£
£
£
£
£
General funds
34,741
634
(13,731)
(21,644)
-
Previous year:
At 1 April 2022
Incoming resources
Resources expended
Transfers
At 31 March 2023
£
£
£
£
£
General funds
11,000
63,757
(24,016)
(16,000)
34,741
BRENDAN'S BRIDGE
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
- 12 -
16
Analysis of net assets between funds
Unrestricted
Restricted
Total
funds
funds
2024
2024
2024
£
£
£
At 31 March 2024:
Current assets/(liabilities)
-
21,371
21,371
-
21,371
21,371
Unrestricted
Restricted
Total
funds
funds
2023
2023
2023
£
£
£
At 31 March 2023:
Current assets/(liabilities)
34,741
1,989
36,730
34,741
1,989
36,730
17
Related party transactions

There were no disclosable related party transactions during the year (2023 - none).

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