The Bridge Project Sudbury

Analysis

The Bridge Project Sudbury is a registered charity in England and Wales, based in Norwich. It was registered in December 1995, 31 years ago. Its declared purposes cover education/training, the advancement of health or saving of lives, disability and accommodation/housing, which this site groups under health and saving lives. Legally it is a charitable company (Companies House number 03105645). It says it provides buildings/facilities/open space, provides services and provides advocacy/advice/information.

In the financial year ending March 2024, The Bridge Project Sudbury reported income of £821k and spending of £905k, spending 110% of what it took in. Across the 4 years on record, from March 2021 to March 2024, income fell from £1.1m to £821k (-25%), an average of -9.3% a year. The sharpest change came in the year to March 2022, when income dropped by 45%. Over the whole period it spent 104% of the income it received.

Among 24,651 England and Wales charities whose main cause is health and saving lives and that reported income, The Bridge Project Sudbury sits at the 88th percentile: it is larger than about 88% of them. Against every charity in England and Wales with reported income it ranks in the 93rd percentile. Charities of a similar size with the same main cause include The Junction Project (Bristol) Charitable Trust (£821k), Slough Council for Voluntary Service (£821k) and Hampshire Hospitals Charity (£821k).

In its latest detailed accounts, income came from charitable activities 39%, trading 26% and donations and legacies 3.9%. Charitable activities took 100% of spending and raising funds 0.0%. It employed 23 people.

Data notes from the register: The register marks this charity as being in administration. Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.