27-553: Bridge House may refer to: United Kingdom and Crown dependencies [ edit ] Bridge House Estates , the body responsible for the bridges over the Thames bordering the City of London Bridge House , a Grade I listed building built over Stock Ghyll in Ambleside, Westmorland Bridge House, Castletown , Isle of Man, a registered building in
54-522: A further eight per cent coming from rents and nine per cent coming from grants, reimbursements and contributions. However, the largest source of revenue was 52 per cent from investments. By the end of March 2016, it had net assets of £2.3 billion, while Duncan said the Cash estate generated a "reasonably respectable £210 million a year." The City's Cash Financial Statements are prepared in accordance with Financial Reporting Standard 102 (FRS 102) as issued by
81-543: A surplus of income over expenditure, a cy-près scheme was adopted in that year to allow any surplus income to be used for other charitable purposes benefiting Greater London . From 1995 to September 2023 the charity funding arm was known as City Bridge Trust. In September 2023 Bridge House Estates and the City Bridge Trust merged unifying the brand as the City Bridge Foundation, however the formal entity name
108-797: Is still the Bridge House Estates. The Bridge House Estates took its name from Bridge House , which was the administrative and maintenance centre of Old London Bridge located on the south bank of the River Thames , near the site of St Olave's Church (since replaced by St Olaf House in Tooley Street ). The site, now covered by the London Bridge Hospital and the Cotton's Centre, was constituted of at least two properties in Southwark. The first
135-719: Is the working name of the historic Bridge House Estates , which originated in the late eleventh century and was formally established by royal charter in 1282 by the City of London Corporation in London , England. It is a registered charity governed by a single trustee, the City of London Corporation, represented by the City Bridge Foundation Board. It was originally established to maintain London Bridge and, subsequently, other bridges. Funded by bridge tolls and charitable donations,
162-531: The Guildable Manor in 1327. Known as the Bridge Mark , the logo of Bridge House Estates is one of the oldest logos in continuous use and can be found carved into stonework in many places along the riverfront. It has been the identifying emblem of the Bridge House Estates for many centuries, but the latter now uses the City of London arms as an emblem. It was thought likely that the mark as we know it today
189-728: The Bridge House Estates operates with respect to various legislative powers, e.g., the Blackfriars Bridge Act 1863 , the Blackfriars and Southwark Bridge Act 1867 , the Corporation of London (Tower Bridge) Act 1885 for its maintenance role and for its general charitable role under the Charities (The Bridge House Estates) Order 1995 ( Statutory Instrument 1047), and the Charities (The Bridge House Estates) Order 2001 (Statutory Instrument 4017). Originally funded by tolls on London Bridge,
216-457: The Bridge House Estates was £43.1 million and total expenditure and reinvestment was £53.1 million. The total funds held by the estates are in excess of £1.5 billion. City%27s Cash City's Cash is an endowment fund, overseen by the City of London Corporation , built up over 800 years and passed from generation to generation to fund services that the Corporation claims benefit London and
243-478: The City and Greater London. The City of London Corporation looks after 11,000 acres of open spaces across London. Some of the sites have been owned and managed by the City of London Corporation since 1870 to protect them from development and preserve them as a natural resource. Many sites have gained national Green Flag and Green Heritage Awards, are Sites of Special Scientific Interest or are important wildlife habitats. Some sites are national nature reserves for
270-522: The City of London Corporation called the City Bridge Foundation Board (formerly the Bridge House Estates Board). Formed in 2021, the chairship is held by a Common Councillor on a four-year rotation; the first Chair was Giles Shilson , who as of May 2024 was in post from May 2021 until November 2024. The current Chair of the Board is Paul Martinelli. In addition to its royal charter of 1282,
297-463: The City's Cash balance sheet totalled over £6.5 million, while income from the estate and other sources was estimated at over £850,000. In 2012, in response to pressure from Occupy London , the City of London Corporation released some information about the account, where the money came from and what it gets spent on. It proved to contain more than £1.319 billion. With an income, in 2012, of £145 million, 29% of which came from school fees, with
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#1732844104107324-402: The City's shield, and shows a date of 1674. The Bridge House Estates was established by the grant of a royal charter on 24 May 1282, and the sole trustee is the City of London Corporation . The trustee is the legal but not beneficial owner of the trust property—it may only be used for the legitimate purposes for which the fund was created. Bridge House Estates are run by a committee of
351-507: The Financial Reporting Council and the external auditor's opinion confirms that the statements give a ‘true and fair view’ of the state of City's Cash. A detailed City's Cash Overview summary statement is published along with other accounts on the City of London website. The City's Cash published account summary details how the funds are used to provide services that are of importance nationally and internationally as well as to
378-959: The Isle of Man and the former home of Quayle's Bank Bridge House, a building in MediaCityUK , Salford, occupied by the BBC United States [ edit ] Bridge House (Albany, Georgia) , listed on the NRHP in Georgia Bridges House , a name for the New Hampshire Governor's Mansion in Concord Bridge Creek Cabin-Ranger Station , Stehekin, Washington, listed on the NRHP in Chelan County, Washington Bridge Creek Shelter , Stehekin, Washington, listed on
405-598: The NRHP in Washington Canada [ edit ] William Alexander House (Bridge House) , a Registered Heritage Structure in Bonavista Bay , Newfoundland and Labrador, and the oldest documented house in the province Schools [ edit ] Bridge House School , Western Cape province, South Africa Bridge House College , Ikoyi, Lagos, Nigeria Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with
432-568: The charity would have to rebuild it out of the endowment. The good stewardship of the property and investments of the estates by the City has led to the accumulation of surplus funds over any such demand on its resources. Therefore, the City sought from the Charity Commission to implement a cy-près scheme to extend its objects (purposes) since September 1995 to make charitable grants within the Greater London area. In 2019, total income of
459-635: The former markets of Leadenhall and Old Spitalfields , but these are not managed by its Department of Markets and Consumer Protection. The City's Cash is also used to fund the Office of the City Remembrancer, an official with responsibilities for representing the City of London and its interests to Parliament. The Members Bar in the Guildhall is a subsidised facility for members of the Court of Common Council and
486-563: The foundation acquired an extensive property portfolio which made it more than self-sufficient. As well as maintaining the bridges, the foundation also makes charitable grants. It is one of three trust funds managed by the City of London, the other two being the City Fund and the City's Cash . Since it was established, the foundation has maintained, and on several occasions replaced, London Bridge. The foundation also built Blackfriars Bridge and Tower Bridge , and purchased Southwark Bridge from
513-494: The markets of Smithfield and Leadenhall . Billingsgate market, although now outside the City, also forms part of the Cash estate. The City's Cash account has been regarded as being as old as the City of London Corporation itself, but the oldest remaining set of accounts date from Michaelmas 1632–Michaelmas 1633. These were the seventh set of accounts presented by Robert Bateman who had been Chamberlain of London since 1626. They were audited by Nicholas Rainton , who
540-550: The nation as a whole. It is one of three funds run by the City of London Corporation, the other two being the City Fund and the Bridge House Estates . The City of London's right to acquire any "wastes and open spaces" gave rise to the City's Cash estate. Its core holding is a 35-acre (14-hectare) estate within the "Square Mile", including the Old Bailey , sections of New Broad Street, Whitefriars and Fenchurch Street , plus
567-552: The public to enjoy. Annual visits to these open spaces are currently estimated at 23 million. All of the Lord Mayor's activities are paid for through the City's Cash. The wholesale markets currently operated by the City of London Corporation are Smithfield and Billingsgate (both of which are funded by City's Cash), plus New Spitalfields (accounted for in the City Fund). The City of London Corporation retains its property interests in
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#1732844104107594-399: The rents and leases of the buildings that were on it and also by charitable donations, the Bridge House Estates acquired an extensive property portfolio which made it self-sufficient. The fund administered by the Bridge House Estates is solely responsible for the five City Bridges. There is no financial support from the government or any other fund. If one of the bridges happened to collapse,
621-487: The title Bridge House . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=Bridge_House&oldid=1164847111 " Category : Disambiguation pages Hidden categories: Short description is different from Wikidata All article disambiguation pages All disambiguation pages Bridge House Estates City Bridge Foundation
648-428: The toll-exacting private company that built it. Most recently it took over ownership and maintenance of the pedestrian-only Millennium Bridge , having provided a large amount of the funding for its construction. The estate owns significant amounts of property in the City of London , including the Old Bailey . Until 1995, the foundation was permitted to use its income only for expenditure on its bridges. However, with
675-465: Was at that time Lord Mayor . The City's Cash was used to supplement the Police Rate, which had been authorised in the City of London Police Acts 1839 and 1919 to cover the costs of the City of London Police . However owing to problems in the management of the funds, the City of London had to ask the government to contribute a grant for the upkeep of their police force. In the year ending 31 March 1938,
702-475: Was designed by a famous 17th-century surveyor, William Leybourn . It appears drawn on a plan of 1680 which it is thought he adapted from a similar mark drawn against plots owned by Bridge House Estates on an earlier plan of St George's Fields in Southwark. The City sword rest from the church of St Olave, Southwark (now in the north transept of Southwark Cathedral ) has the Bridge Mark carved onto it to balance
729-403: Was that of Peter of Colechurch the warden of the bridge from 1163, and probably a monastic dwelling. The second property was the house left by the will of Henry fitz Ailwin , first named Mayor of London, in 1215. The bridge became part of the City's jurisdiction from 1282, and this led to the City attempting to extend control over Southwark , succeeding in acquiring the 'vill of Southwark' alias
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