Finance Score: -4

Governance Score: -1

Support Score: 7

Poor Liquidity: -1
Good Reserves: +1Strong growth: +2
Multiple Deficits: -2
Fundraising costs high: -4

Only 4 Trustees: -1

Grant maker support: +7

Overall GiG Score: 2

THE BRIDGE PROJECT SUDBURY

Core activity is a Training Centre for people with Learning difficulties and other vulnerable groupsWork towards a community within a community, an inclusive place where everybody is treated fairly, with dignity and respect.

Analysis by Giving is Great

Positives:

There has been strong growth in spending over the last 5 years
A significant proportion of recent income was derived from major grant makers including the Government

Regulatory & Governance issues to consider:

There are only 4 trustees

Financial issues to consider:

Liquidity appears to have been slender at the latest year end but unrestricted reserves are available
On several occasions in recent years income has been less than spending
Fundraising costs are extremely high relative to funds raised

Established: 28 years

www.thebridgeproject.co.uk

info@thebridgeproject.co.uk

01787313691

Charity Commission for England and Wales

Tweets

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/03/23		£688	£982	£-293	£185	£721	£721	8.8	25	54
31/03/22		£605	£779	£-174	£193	£1,014	£921	14.2	25	50
31/03/21		£1,101	£693	£408	£223	£1,188	£781	13.5	23	48
31/03/20		£719	£609	£111	£84	£780	£636	12.5	25	48
31/03/19		£536	£553	£-17	£12	£669	£669	14.5	22	47
31/03/18		£437	£433	£4	£0	£0	£0	n/a	0	0
31/03/17		£416	£408	£8	£0	£0	£0	n/a	0	0
31/03/16		£373	£377	£-3	£0	£0	£0	n/a	0	0
31/03/15	*	£416	£388	£28	£0	£0	£0	n/a	0	0
31/03/14		£469	£425	£44	£0	£0	£0	n/a	0	0
31/03/13		£430	£472	£-42	£0	£0	£0	n/a	0	0
31/03/12		£423	£438	£-15	£0	£0	£0	n/a	0	0
31/03/11		£438	£382	£56	£0	£0	£0	n/a	0	0
31/03/10		£457	£421	£36	£0	£0	£0	n/a	0	0
31/03/09		£406	£379	£27	£0	£0	£0	n/a	0	0
31/03/08		£423	£406	£16	£0	£0	£0	n/a	0	0
31/03/07		£427	£449	£-22	£0	£0	£0	n/a	0	0
31/03/06		£428	£480	£-52	£0	£0	£0	n/a	0	0
31/03/05		£556	£564	£-8	£0	£0	£0	n/a	0	0
31/03/04		£556	£564	£-8	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 44.3%
Fundraising Costs/Total Spending: 18.8%
Senior Staff Costs/Total Spending: 8%
Highest pay band: £60,000-£70,000
Liabilities/Assets: 14%
Liabilities/Income: 17%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 8.8 months
Net Current Assets/Spending: 0 months
Quick Ratio: 0.3

Asset Split ?

Listed activities

Accommodation/Housing
Disability
Education/Training
The Advancement Of Health Or Saving Of Lives

How it operates

Acts as an umbrella or resource body
Provides advocacy/advice/information
Provides buildings/facilities/open space
Provides services

Where it operates

Essex, Suffolk,

Who it helps

Elderly/Old People
Other Defined Groups
People With Disabilities

Who works here?

25 employees
54 volunteers

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Major supporters in last 5 years

Power to Change	£165,301
DCMS	£73,200
Lloyds Bank Foundation	£50,000
Suffolk Community Foundation	£14,750

Specific Donations

Amount	When Months	To be used for
Lloyds Bank Foundation - Recovery grant to The Bridge Project Sudbury
£50,000	03/12/2020 24	Unrestricted grant over two years towards the core costs of The Bridge Project Sudbury, awarded under the Foundation's Learning Disabilities funding stream. Part of the Covid Recovery Fund to support ....more Unrestricted grant over two years towards the core costs of The Bridge Project Sudbury, awarded under the Foundation's Learning Disabilities funding stream. Part of the Covid Recovery Fund to support charities to emerge from the pandemic.
DCMS - DCMS VSCE CMC Covid Funding
£25,491	03/12/2020	The Community Match Challenge is an £85M fund aimed at supporting the Voluntary Community and Social Enterprise (VCSE) in their COVID response. Awards were made to philanthropists, foundations and ....more The Community Match Challenge is an £85M fund aimed at supporting the Voluntary Community and Social Enterprise (VCSE) in their COVID response. Awards were made to philanthropists, foundations and grant making organisations to match funds raised on a pound for pound basis, to increase the support to the sector.
Suffolk Community Foundation - The Decaf Project
£4,750	10/11/2020 12	Towards the cost of running the Decaf Project for those affected by dementia.
DCMS - Coronavirus Community Support Fund
£42,709	09/09/2020	"The fund aims to:1) To reduce closures of essential charities that provide essential services to vulnerable groups during the COVID-19 crisis by ensuring they have the financial resources to ....more "The fund aims to:1) To reduce closures of essential charities that provide essential services to vulnerable groups during the COVID-19 crisis by ensuring they have the financial resources to operate, thereby reducing the burden on public services.2) To ensure essential services are provided to vulnerable people, both in the short and long term through increased community support through the work of charitable organisations."
Suffolk Community Foundation - The Bridge Gets Creative
£5,000	21/08/2020 3	Towards The Bridge Projects core staffing costs during Covid 19.
DCMS - VSCE CMC Fund
£5,000	21/08/2020	NET, Comic Relief and Children in Need will use this funding to provide: increased support to vulnerable people and hidden groups, thus reducing the burden on public services; reach local grassroots ....more NET, Comic Relief and Children in Need will use this funding to provide: increased support to vulnerable people and hidden groups, thus reducing the burden on public services; reach local grassroots and small organisations who can provide an on-the-ground community response to the crisis; and, support local charitable organisations to mobilise volunteers to enable better targeted support in communities through empowered local groups.
Suffolk Community Foundation - Hot Meal Delivery Service for Vulnerable/older people
£5,000	01/04/2020 1	To support a Hot Meal Delivery Service for vulnerable and older people. Covid19
Power to Change - The Bridge Project Sudbury
£165,301	22/11/2019 17	Grant to The Bridge Project Sudbury
Suffolk Community Foundation - Decaf
£3,500	26/04/2018 12	Towards staff costs, resources and raising awareness of dementia friendly activities at St Peter's Church in Sudbury.
Henry Smith Charity - Grant to Bridge Project (Sudbury)
£62,700	03/12/2015 24	towards two years' continuation funding of the salary of an Operations Manager at a project for people with learning disabilities in Suffolk
Henry Smith Charity - Grant to Bridge Project (Sudbury)
£62,700	14/03/2013 24	towards two years' salary of the Operations Manager at a project for people with learning disabilities in Suffolk

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (4)

Current Trustees appointed

Gender Split

Age Range of Trustees: 51-74

MILES NICHOLAS BEASLEY Appointed: 2011, Occupation: Supermarket Manager

ROSEMARY ANN STAMP Appointed: 2022, Other trusteeship: LOVE AND ROBINSON TRUST,

DR CHRISTOPHER STEPHEN VARCOE, Occupation: Musician, Other trusteeships: ASSOCIATION OF ENGLISH SINGERS AND SPEAKERS, SUFFOLK VILLAGES FESTIVAL,

PAUL ROBERT MACKMAN Appointed: 2013, Occupation: Company Secretary, Other trusteeship: THE COMMUNICATION, ADVERTISING AND MARKETING EDUCATION FOUNDATION LIMITED,

Legal constitution

Charitable company registered in England & Wales on 11/12/1995, number: 1051383
Registered at Companies House on 22/09/1995, number: 03105645

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
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
Paying staff
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Serious incident reporting policy and procedures
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures
Volunteer management

Filing Record

20 returns made; AR15: 38 days late,

Recent reorganisation events:

Asset transfer in from JOSEPH AND NANCY BURTON TRUST on 05/01/2021

Main office

Fanboo
12 Borehamgate
King Street
SUDBURY
Suffolk
CO10 2EG

Objectives

“To relieve and rehabilitate persons who face multiple disadvantage through their learning, physical, mental and age related experience or situation, resident in East Anglia, in such ways as the Charity think fit”

Defined Area of Benefit:

EAST ANGLIA

Data Sources