| REGISTERED COMPANY NUMBER: |
| REGISTERED CHARITY NUMBER: |
| REPORT OF THE TRUSTEES AND |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 DECEMBER 2024 |
| FOR |
| ASSOCIATION FOR CLINICAL THEOLOGICAL |
| TRAINING AND CARE LIMITED(THE) |
| BRIDGE PASTORAL FOUNDATION |
| ASSOCIATION FOR CLINICAL THEOLOGICAL |
| TRAINING AND CARE LIMITED(THE) |
| BRIDGE PASTORAL FOUNDATION |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 DECEMBER 2024 |
| Page |
| Report of the Trustees | 1 |
| Statement of Financial Activities | 2 |
| Balance Sheet | 3 | to | 4 |
| Notes to the Financial Statements | 5 | to | 11 |
| ASSOCIATION FOR CLINICAL THEOLOGICAL |
| TRAINING AND CARE LIMITED(THE) (REGISTERED NUMBER: 00737881) |
| BRIDGE PASTORAL FOUNDATION |
| REPORT OF THE TRUSTEES |
| FOR THE YEAR ENDED 31 DECEMBER 2024 |
| The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of 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). |
| STRUCTURE, GOVERNANCE AND MANAGEMENT |
| Governing document |
| The charity is controlled by its governing document; The Memorandum and Articles of Association; and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. |
| REFERENCE AND ADMINISTRATIVE DETAILS |
| Registered Company number |
| Registered Charity number |
| Registered office |
| Trustees |
| Company Secretary |
| Approved by order of the board of trustees on |
| ASSOCIATION FOR CLINICAL THEOLOGICAL |
| TRAINING AND CARE LIMITED(THE) |
| BRIDGE PASTORAL FOUNDATION |
| STATEMENT OF FINANCIAL ACTIVITIES |
| FOR THE YEAR ENDED 31 DECEMBER 2024 |
| 2024 | 2023 |
| Unrestricted | Restricted | Total | Total |
| funds | fund | funds | funds |
| Notes | £ | £ | £ | £ |
| INCOME AND ENDOWMENTS FROM |
| Donations and legacies |
| Charitable activities |
| ( |
) | ( |
) | ( |
) |
| ( |
) |
| Zoom talks | - | - | - | 400 |
| Work Group Residential | 81 | - | 81 | - |
| Other trading activities | 2 |
| Investment income | 3 |
| Total |
| EXPENDITURE ON |
| Raising funds | 4 |
| Charitable activities |
| Total |
| NET INCOME/(EXPENDITURE) | ( |
) |
| Transfers between funds | 11 | 2,283 | (2,283 | ) | - | - |
| Net movement in funds | ( |
) | ( |
) |
| RECONCILIATION OF FUNDS |
| Total funds brought forward |
| TOTAL FUNDS CARRIED FORWARD | 39,862 |
| ASSOCIATION FOR CLINICAL THEOLOGICAL |
| TRAINING AND CARE LIMITED(THE) (REGISTERED NUMBER: 00737881) |
| BRIDGE PASTORAL FOUNDATION |
| BALANCE SHEET |
| 31 DECEMBER 2024 |
| 2024 | 2023 |
| Unrestricted | Restricted | Total | Total |
| funds | fund | funds | funds |
| Notes | £ | £ | £ | £ |
| CURRENT ASSETS |
| Debtors | 9 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 10 | ( |
) | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| NET ASSETS |
| FUNDS | 11 |
| Unrestricted funds | 37,579 |
| Restricted funds | 2,283 |
| TOTAL FUNDS | 39,862 |
| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024. |
| The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006. |
| The trustees acknowledge their responsibilities for |
| (a) | ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. |
| ASSOCIATION FOR CLINICAL THEOLOGICAL |
| TRAINING AND CARE LIMITED(THE) (REGISTERED NUMBER: 00737881) |
| BRIDGE PASTORAL FOUNDATION |
| BALANCE SHEET - continued |
| 31 DECEMBER 2024 |
| These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. |
| The financial statements were approved by the Board of Trustees and authorised for issue on |
| ASSOCIATION FOR CLINICAL THEOLOGICAL |
| TRAINING AND CARE LIMITED(THE) |
| BRIDGE PASTORAL FOUNDATION |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 DECEMBER 2024 |
| 1. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. |
| Financial reporting standard 102 - reduced disclosure exemptions |
| The charitable company has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland': |
| • | the requirements of paragraphs 12.26, 12.27, 12.29(a), 12.29(b) and 12.29A. |
| Income |
| All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. |
| Expenditure |
| Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. |
| Tangible fixed assets |
| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |
| Plant and machinery | - |
| Taxation |
| The charity is exempt from corporation tax on its charitable activities. |
| Fund accounting |
| Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. |
| Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. |
| Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. |
| ASSOCIATION FOR CLINICAL THEOLOGICAL |
| TRAINING AND CARE LIMITED(THE) |
| BRIDGE PASTORAL FOUNDATION |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 DECEMBER 2024 |
| 2. | OTHER TRADING ACTIVITIES |
| 2024 | 2023 |
| £ | £ |
| Shop income |
| 3. | INVESTMENT INCOME |
| 2024 | 2023 |
| £ | £ |
| Other fixed asset inv - UnFII | 543 | 87 |
| 4. | RAISING FUNDS |
| Raising donations and legacies |
| 2024 | 2023 |
| £ | £ |
| Trustees' expenses |
| Insurance |
| Postage and stationery |
| Sundries |
| Admin exps | 7,426 | 6,837 |
| Support costs |
| 13,680 | 11,364 |
| 5. | TRUSTEES' REMUNERATION AND BENEFITS |
| There were no trustees' remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023. |
| Trustees' expenses |
| 2024 | 2023 |
| £ | £ |
| Trustees' expenses |
| ASSOCIATION FOR CLINICAL THEOLOGICAL |
| TRAINING AND CARE LIMITED(THE) |
| BRIDGE PASTORAL FOUNDATION |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 DECEMBER 2024 |
| 6. | STAFF COSTS |
| The average monthly number of employees during the year was as follows: |
| 2024 | 2023 |
| The average number of employees during the year was NIL (2023 - NIL). |
| 7. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
| Unrestricted | Restricted | Total |
| funds | fund | funds |
| £ | £ | £ |
| INCOME AND ENDOWMENTS FROM |
| Donations and legacies |
| Charitable activities |
| ( |
) | ( |
) |
| ( |
) | ( |
) |
| Zoom talks | 400 | - | 400 |
| Other trading activities |
| Investment income |
| Total | ( |
) |
| EXPENDITURE ON |
| Raising funds |
| Charitable activities |
| Total |
| NET INCOME/(EXPENDITURE) | ( |
) | ( |
) | ( |
) |
| RECONCILIATION OF FUNDS |
| Total funds brought forward | 38,135 | 3,645 |
| TOTAL FUNDS CARRIED FORWARD | 37,579 | 2,283 | 39,862 |
| ASSOCIATION FOR CLINICAL THEOLOGICAL |
| TRAINING AND CARE LIMITED(THE) |
| BRIDGE PASTORAL FOUNDATION |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 DECEMBER 2024 |
| 8. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| £ |
| COST |
| At 1 January 2024 and 31 December 2024 |
| DEPRECIATION |
| At 1 January 2024 and 31 December 2024 |
| NET BOOK VALUE |
| At 31 December 2024 |
| At 31 December 2023 |
| 9. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Prepayments and accrued income |
| 10. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Accruals and deferred income |
| 11. | MOVEMENT IN FUNDS |
| Net | Transfers |
| movement | between | At |
| At 1.1.24 | in funds | funds | 31.12.24 |
| £ | £ | £ | £ |
| Unrestricted funds |
| General fund | 37,579 | (543 | ) | 540 | 37,576 |
| Designated Fund | - | 2,364 | 1,743 | 4,107 |
| 1,821 |
| Restricted funds |
| Restricted Fund | 2,283 | - | (2,283 | ) | - |
| TOTAL FUNDS | 1,821 | 41,683 |
| ASSOCIATION FOR CLINICAL THEOLOGICAL |
| TRAINING AND CARE LIMITED(THE) |
| BRIDGE PASTORAL FOUNDATION |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 DECEMBER 2024 |
| 11. | MOVEMENT IN FUNDS - continued |
| Net movement in funds, included in the above are as follows: |
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 13,137 | (13,680 | ) | (543 | ) |
| Designated Fund | 2,364 | - | 2,364 |
| ( |
) | 1,821 |
| TOTAL FUNDS | ( |
) | 1,821 |
| Comparatives for movement in funds |
| Net |
| movement | At |
| At 1.1.23 | in funds | 31.12.23 |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 38,135 | (556 | ) | 37,579 |
| Restricted funds |
| Restricted Fund | 3,645 | (1,362 | ) | 2,283 |
| TOTAL FUNDS | 41,780 | (1,918 | ) | 39,862 |
| Comparative net movement in funds, included in the above are as follows: |
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 12,118 | (12,674 | ) | (556 | ) |
| Restricted funds |
| Restricted Fund | (1,362 | ) | - | (1,362 | ) |
| TOTAL FUNDS | 10,756 | (12,674 | ) | (1,918 | ) |
| ASSOCIATION FOR CLINICAL THEOLOGICAL |
| TRAINING AND CARE LIMITED(THE) |
| BRIDGE PASTORAL FOUNDATION |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 DECEMBER 2024 |
| 11. | MOVEMENT IN FUNDS - continued |
| A current year 12 months and prior year 12 months combined position is as follows: |
| Net | Transfers |
| movement | between | At |
| At 1.1.23 | in funds | funds | 31.12.24 |
| £ | £ | £ | £ |
| Unrestricted funds |
| General fund | 38,135 | (1,099 | ) | 540 | 37,576 |
| Designated Fund | - | 2,364 | 1,743 | 4,107 |
| 38,135 | 1,265 | 2,283 | 41,683 |
| Restricted funds |
| Restricted Fund | 3,645 | (1,362 | ) | (2,283 | ) | - |
| TOTAL FUNDS | 41,780 | (97 | ) | - | 41,683 |
| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 25,255 | (26,354 | ) | (1,099 | ) |
| Designated Fund | 2,364 | - | 2,364 |
| 27,619 | (26,354 | ) | 1,265 |
| Restricted funds |
| Restricted Fund | (1,362 | ) | - | (1,362 | ) |
| TOTAL FUNDS | 26,257 | (26,354 | ) | (97 | ) |
| ASSOCIATION FOR CLINICAL THEOLOGICAL |
| TRAINING AND CARE LIMITED(THE) |
| BRIDGE PASTORAL FOUNDATION |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 DECEMBER 2024 |
| 12. | RELATED PARTY DISCLOSURES |