Trustees’ Annual Report for the period
From 1[st] April 2024 Period start date to 31[st] March 2025 Period end date
Charity name: Bread of Life International Ministries
Charity registration number: 1123248
Objectives and Activities
| SORP reference |
||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | Advance the Christian Faith in accordance with the statement of Beliefs appearing in the schedule hereto in Basildon, Kings Lynn and in such other parts of the United Kingdom or the world as the Executive Committee may from time to time think fit. Fulfil such other purposes which are exclusively charitable according to the law of England and Wales and are connected with the charitable work of the trust. To relieve persons who are in conditions of need or hardship or who are aged or sick and to relieve the distress caused hereby in the said locations and in such other parts of the United Kingdom or the world as the Executive Committee may from time-to-time think fit. To advance any other purpose beneficial to the community in which the Ministry operates in. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
-Sunday fellowship - Ladies fellowship, where women learn and share on entrepreneurial skills, community development. Ladies annual retreat, conference and breakfast meetings - Men’s fellowship, often attracting men from the community, other denominations and faith groups. Annual retreat and breakfast meetings - Couples’ fellowships, a platform for building lifelong marriages, learning and developing parental skills and designed to also foster community cohesion. -Youth activities and services that allow BOLIM youth to fellowship with youth from other churches -Family fun days in a community setting inviting members of the community -Fitness day-promoting fitness and well-being within the community - Music performances and platforms for aspiring young talent continues. Opportunities to develop praise and worship leaders and an opportunity to learn how to play various music instruments - Sunday school activities for children aged 11 and below. Annual trips and learning opportunities -Weekly Tea and Cake session for the elderly in the community giving an opportunity to meet others, play games and fellowship -Weekly bible study sessions -Morning devotions from Monday to Friday -Weekly prayer sessions -Annual Christmas jumper day and donating proceeds to Save the Child Charity Regular all or half night prayer sessions Community support for the vulnerable in the community Support with food distribution to those experiencing economic hardship |
| . | ||
|---|---|---|
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | None issued |
Additional information (optional) You may choose to include further statements where relevant about:
| SORP reference | ||
|---|---|---|
| Policy on grant making | Para 1.38 | No changes to this policy in this current year. Donations to other charitable activities amounted to £8151.66 |
| Policy on social investment including program related investment |
Para 1.38 | None |
| Contribution made by volunteers | Para 1.38 | Most of the charitable work was undertaken by volunteers who continue to be pivotal in the church community involvement. |
| Other Plans for the future of the church. |
(i) Consider extension of the Miracle Centre as the building is becoming too small to accommodate all congregants or looking at a more suitable accommodation for the church (ii)Progress the registration of the Miracle Centre as a Marriage venue and progress the registration of a Marriage Officer. (iii) New assemblies in Kings Lynn and Milton Keynes. (iv) Strengthening Evangelism team as it once again looks at going out into the world and impacting the marketplace (v) Leadership training for all leaders and workers (vi) Car Park maintenance and markings (vii) Small-scale works that need to be completed within the church building viii) Consider investment of charity funds ix) Succession planning and training of young people into various departments x)Set up a building fund xi) Purchase new seating chairs for the Miracle Centre xiii) Change the Church banner in front of the Miracle Centre xi)Install gates around the Miracle Centre as a safety measure for children to prevent them wandering into the main road |
Achievements and Performance
SORP reference
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. Objectives, activities, and achievements of the church 2024-2025. |
Para 1.20 | i) ii) iii) iv) The theme for the beginning of 2024 for BOLIM was ‘Fruitfulness in the Marketplace’ and this changed to "Is anything too difficult for the Lord?" prior to the September 2024 Annual anniversary. Leadership meetings were held monthly and Workers’ meeting held quarterly Ladies Retreat was held on the weekend of Friday 3rdMay to Sunday 5thMay 2024 at Denham Grove Hotel with the theme scripture from Hebrews 12v2 Men’s retreat was held on 7-9th June 2024. And was very well attended with the net cast even further with attendees from outside the ministry. Positive feedback received from attendees. Planning to use the same venue next year with attendees promising to invite even more guests v) Due to complications with booking, the congregation did not meet in October 2024 but resumed in November 2024. Kings Lynn assembly finally had a successful launch on the 16thof March 2025. vi) Pastor Hugh Osgood visited BOLIM Basildon, on Sunday 28thMay 2024 and articulated the annual theme very well. Leadership team were able to enjoy lunch with Dr Osgood after the church service. This gave the leaders time to meet with Dr Osgood and have some 1-1 discussions with him vii) Fathers’ Day was marked om Sunday 16thJune 2024 with the Ladies leading the service and treating the fathers to a lovely lunch after service and lovely Father’s Day gifts viii) The annual children’s trip was to Call of the Wild and held on Sunday 7thJuly 2024. All the children really enjoyed the trip, received a lesson at the venue and were happy. 3 Children from Sunday school transitioned at the end of the academic year to join the Youth team ix) Fitness Day was held on Sunday 7thJuly 2024 and was a great success. All felt that it would have been useful to put the BOLIM banner at the front to encourage the community to attend church services x) The church also celebrated the Senior Pastor’s 60thbirthday on 14th July 2024 with a Thanksgiving service followed by a barbecue after the service. This was a really great success xi) Family fun day was held on 3rdAugust 2024 at Wat Tyler Park Pitsea from 1pm to 5pm xii) Youth ministry took part in a Youth week led by Churches Together Basildon from 12thto 18thAugust 2024. xiii) 21days Prayer and Fasting was held from …. And this time leaders were encouraged to take it in turn to lead every evening prayer session at the breaking of the fast xiv) The BOLIM Annual conference and anniversary celebrations were held from 20thSeptember 2024 to 22ndSeptember 2024. The church was blessed to have Pastor Alan Murphy, Bishop Noel McLean, Dr Dipo Oluyomi and Senior Tapi Nduna ministering over the weekend. xv) Youth Sunday was held on Sunday 20thOctober 2024 and the service was fully led by the youth xvi) Night vigil was held on 31stJanuary 2025. This was a huge success but attendance low. Plan to encourage congregation to attend night prayers xvii) Ladies breakfast meeting was held on November 16thNovember 2024 with the theme-Girl! Get Up based on Mark 5v41 with guest speaker Pastor Esther Nnandi xviii) Safeguarding Sunday was observed on Sunday 17thNovember 2024 under the theme: Safeguarding: Let’s talk about it, with the Safeguarding Lead leading an interactive session about Safeguarding and the importance of complying with the Safeguarding policy within the church xix) Baptism service was held jointly with Swanmead Church on Sunday17thNovember 2024. |
|---|---|---|
| xx) Children’s Christmas party was held on Sunday 8thDecember 2024 xxi) Christmas Carol Service was held on Sunday 15thDecember 2024 xxii) Christmas Day service was held at the Miracle Centre from 10am to 11am xxiii) Watchnight service was held on 31stDecember from 9pm to 0030hrs xxiv) January New Year 7 Day prayer and fasting was held from January 2ndto January 8thwith prayers every evening from 6pm till 7pm xxv) The congregation enjoyed a family meal on Sunday 26thJanuary 2025 with an Afro-Caribbean themed meal. xxvi) Visit from Pastor Alan Murphy on Sunday 16thFebruary 2025. Congregation agreed that he brought a timely word and very encouraging word xxvii) Valentines’ dinner was held on 1stMarch 2025. Couples enjoyed a lovely dinner at Buzz Restaurant and some teaching, dance h=games and encouragement. The couples had also attended an online session via Zoom the night before led by guest speakers Pastors William and Agnes Sunu on the theme: Live in Love based on 1John 4v16 xxviii) The launch of the Kings Lynn branch of BOLIM was held on March 16th, 2025, with the Basildon branch closed for the day and all members supporting the launch xxix) On Sunday 23rdMarch 2025, BOLIM held a special Sunday service church planting commissioning service programme with the theme - Fruitful Witnesses: Expanding God’s kingdom |
||
|---|---|---|
| Objectives, activities, and achievements BOLIM Zimbabwe church 2024- 2025. |
i) 3 Assembles that are functional across Zimbabwe in Masvingo, Chitungwiza and Eastview Harare ii) Open air crusades held from April to July 2024 supported financially from mother branch in the United Kingdom iii) Increase seen increasing steadily with fully functional Sunday school services for children iv) Increased attendance to August conference |
Additional information (optional)
| Additional information (optional) | Additional information (optional) | Additional information (optional) |
|---|---|---|
| You may choose to include further statements where relevant about: | ||
| Achievements against objectives set |
Para 1.41 | 2024-2025 saw not only numerical increase in attendance to Sunday services and church membership but very tangible spiritual growth within the congregation. Increase noted in attendance to Morning devotions held every Monday to Friday morning Launch of BOLIM Kings Lynn branch Support of the vulnerable within the community Increased attendance to Ladies and Men’s retreat Very active participation of the youth in services and activities arrangedfor Basildonchurches |
| Performance of fundraising activities against objectives set |
Para 1.41 | All the charity’s activities were funded from members tithes, offerings, and gift aided donations. Christmas jumper day where all members donated £5 each for wearing a Christmas jumper to church. Donation made to Save the Child charity |
| Investment performance against objectives |
Para 1.41 | No charity funds were put into investments. Interest rates from savings were miniscule due to poor bank rates. |
| The Trustees are looking at the option of engaging a financial advisor to help with safer investment options for the charity. |
||
|---|---|---|
| Other Leadership and strategic reviews of the church. |
i)Leadership training for all leaders and workers ii) Review of Trustees and additions to Trustees board |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | Financial review of the church. (i) Church remains in healthy financial state with a balance of more than £40000. (ii) Audited financial reports are part of the annex to this report. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | Reserves - The charity’s policy on reserves is to maintain reserves equivalent to a minimum of 3 months its operational budget. Currently the charity’s reserves exceed thatrequiredminimum. |
| Amount of reserves held | Para 1.22 | £40,000.00 |
| Reasons for holding zero reserves | Para 1.22 | Not applicable |
| Details of fund materially in deficit | Para 1.24 | No funds in deficit |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | None |
Additional information (optional) You may choose to include further statements where relevant about:
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | Generous Members’ donations, offerings tithes, and gift aided donation claims |
|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | BOLIM Trustees have considered investment of funds in their meetings but have so far not invested any funds as least risk options are considered. Investment advisor option is to be considered in the next meetings. |
| A description of the principal risks facing the charity |
Para 1.46 | There no principal risks facing the charity |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: | ||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Charity is governed by a Trust deed |
| How is the charity constituted? (e.g. unincorporated association, CIO) |
Para 1.25 | Trust |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Trustees are appointed/elected by serving trustees from a range of carefully selected candidates deemed to possess the best skills set necessary to advance the charity’s objectives in line with Charity guidelines |
| Additional information (optional) You may choose to include further statements where relevant about: |
||
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | Trustees have access to training and have received information about the roles and responsibilities of Trustees. Trustees are to reflect diversity and inclusiveness of stakeholders. |
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | For organisational structure, please see paragraph ‘Reference and Administrative details’ below. BOLIM maintains a good relationship with various Christian umbrella bodies like Churches in Communities (CIC), a member body of the free churches group, Churches Together in Basildon (CTB). BOLIM continues to work together with other like focused organisations to support the community in Basildon. |
| Relationship with any related parties |
Para 1.51 | BOLIM works with other churches in Basildon to support the community through food banks, charity and sports events aimed at inviting the community. Currently looking at using the church hall as a nursery to serve the community and support with childcare. Have shared the church building with other organisations to support youth ministry and a place of prayer and worship for different groups. |
| Other |
Reference and Administrative details
| Charityname | BREADOF LIFE INTERNATIONAL MINISTRIES |
|---|---|
| Other name the charity uses | BREAD OF LIFE CHURCHES INTERNATIONAL |
| Registered charity number | 1123248 |
| Charity’s principal address | The Miracle Centre Rushley Basildon, Essex SS13 1SL |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (if any) |
|---|---|---|---|---|
| Mrs Dennisha Abiona | Chairperson | Board of Trustees | ||
| Pastor Tapiwamunashe Nduna |
Senior Pastor BOLIM | Board of Trustees | ||
| Mrs Siphathisiwe Nyathi | Secretary of the Board of Trustees |
Board of Trustees | ||
| Pastor Kudzai Nduna | Pastor | Board of Trustees | ||
– Corporate trustees names of the directors at the date the report was approved Director name None
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year None
Funds held as custodian trustees on behalf of others
Description of the assets held in None this capacity Name and objects of the charity on None whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe None custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
| Type of adviser |
Name | Address |
|---|---|---|
| Legal | Miss Rebecca Abiona | 22 Cromer Road, Southend On Sea, Essex, SS1 2DU |
| Auditors | FN Accounting Services Limited |
No 7 Shieling House, 30 Invincible Road, Farnborough, Hampshire GU14 7QU |
Name of chief executive or names of senior staff members (Optional information)
Not Applicable
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Not Applicable
Other optional information
None
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) Siphathisiwe Patricia Nyathi Full name(s) Dennisha Abiona ~~a~~ Position (eg Secretary, Chair of the board of Trustees Secretary of the Board of Trustees Chair, etc) ~~ee~~ Date 27-01-2026 ~~Pp~~
BREAD OF LIFE INTERNATIONAL MINISTRIES
FINANCIAL STATEMENTS
For the year ended 31 March 2025
CONTENTS
| Page | |
|---|---|
| Receipts and Payments | 2 |
| Balance sheet | 3 |
| Notes to Receipts and Payments | 4 - 7 |
| Treasurer's statement | 8 |
| Independent examiner's report | 8 |
BREAD OF LIFE INTERNATIONAL MINISTRIES
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
| BREAD OF LIFE INTERNATIONAL MINISTRIES FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 |
||||||
|---|---|---|---|---|---|---|
| Receipts and Payments Analysis 2 Incoming resources Voluntary Receipts Weekly Tithes and offerings Special offerings and Contributions Income tax refunds under Gift Aid Interest on Investment account Rent receiveable Other Income Total Incoming resourcesResources expended 3 Ministirial Costs Pastor's Stipend Pension allowances Payroll 4 Church costs: Insurance Accomodation & Subsistence Bus expenses Fuel Mileage Travel Building Improvements Maintenance Utilities Conferences, Anniversary & retreats Teas and Kitchen supplies Tea and Cake Subscription and Fees CIC 5 Teaching costs: Pulpit supply Children & youth activities Adult programmes 6 Communications: Printing, postage and stationery Media Tech Supplies General expenses Internet 7 Grants payable and restricted donations Other Tithe Fund payments Love offerings benevolence Visitors Subsistence Charity and mission 8 Governance costs Costs of Trustees meetings Financial Accounting Independent Examiner 9 Acquisition of Assets Acquisition of Assets 10 Finance charges and Other Fees Bank Charges HMRC Tax payments Total resources expended Net of receipts/(payments) a Transfer into current account Transfer out of Investment account Cash funds last year end Cash funds last year end Investment account b Cash funds this year end a+b Closing balance @31/03/2025 Current Account Investment Account |
Unrestricted Funds £ 45,950.86 16,513.14 14,442.32 16.88 0.00 50.00 76,973.20 £ (-20,484.32) (-1,625.79) (-4,200.00) (-204.00) (-26,514.11) (-715.39) (-274.13) 0.00 (-191.97) (-110.00) 0.00 0.00 (-156.00) (-2,744.00) (-3,406.40) (-842.70) 0.00 (-853.21) (-530.00) (-9,823.80) 0.00 (-1,978.48) (-15,350.95) (-17,329.43) (-147.07) 0.00 0.00 (-1,719.59) (-820.80) (-2,687.46) (-56,354.80) (-1,940.00) (-2,760.00) 0.00 0.00 (-7,621.66) (-12,321.66) 0.00 (-250.00) 0.00 (-250.00) (-3,058.00) (-3,058.00) 0.00 (-4,070.28) (-4,070.28) (-76,054.74) 918.46 43,444.86 (-43,444.86) 0.00 3,474.61 43,450.51 46,925.12 47,843.58 4,061.58 43,782.00 47,843.58 |
Restricted Funds £ 0.00 0.00 0.00 0.00 0.00 £ 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 |
General Funds £ 0.00 0.00 0.00 0.00 0.00 £ 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 |
TOTAL FY2425 45,950.86 16,513.14 14,442.32 16.88 0.00 50.00 76,973.20 £ (-20,484.32) (-1,625.79) (-4,200.00) (-204.00) (-26,514.11) (-715.39) (-274.13) 0.00 (-191.97) (-110.00) 0.00 0.00 (-156.00) (-2,744.00) (-3,406.40) (-842.70) 0.00 (-853.21) (-530.00) (-9,823.80) 0.00 (-1,978.48) (-15,350.95) (-17,329.43) (-147.07) 0.00 0.00 (-1,719.59) (-820.80) (-2,687.46) (-56,354.80) (-1,940.00) (-2,760.00) 0.00 0.00 (-7,621.66) (-12,321.66) 0.00 (-250.00) 0.00 (-250.00) (-3,058.00) (-3,058.00) 0.00 (-4,070.28) (-4,070.28) (-76,054.74) 918.46 43,444.86 (-43,444.86) 0.00 3,474.61 43,450.51 46,925.12 47,843.58 4,061.58 43,782.00 47,843.58 |
TOTAL FY2324 £ 45,378.78 10,112.60 9,204.66 26.59 0.00 1,299.00 |
|
| 66,021.63 | ||||||
| £ (-19,200.00) (-1,687.56) (-4,200.00) (-204.00) |
||||||
| (-25,291.56) | ||||||
| (-640.03) (-380.10) 0.00 0.00 (-205.00) (-40.00) (-146.27) (-1,002.40) (-1,789.20) (-2,599.12) (-509.72) 0.00 (-1,149.88) (-630.00) |
||||||
| (-9,091.72) | ||||||
| (-389.41) (-1,335.33) (-7,055.52) |
||||||
| (-8,780.26) | ||||||
| (-233.63) (-300.00) (-269.00) (-1,393.65) (-801.40) |
||||||
| (-2,997.68) | ||||||
| (-46,161.22) | ||||||
| (-1,940.00) (-2,651.16) (-552.87) 0.00 (-7,848.26) |
||||||
| (-12,992.29) | ||||||
| 0.00 0.00 (-400.00) |
||||||
| (-400.00) | ||||||
| (-1,095.73) | ||||||
| (-1,095.73) | ||||||
| 0.00 (-4,070.28) |
||||||
| (-4,070.28) | ||||||
| (-64,719.52) | ||||||
| 1,302.11 | ||||||
| 27,246.70 (-27,246.70) |
||||||
| 0.00 | ||||||
| 5,272.50 40,350.51 |
||||||
| 45,623.01 | ||||||
| 46,925.12 | ||||||
| 3,474.61 43,450.51 |
||||||
| 46,925.12 |
2
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
BREAD OF LIFE INTERNATIONAL MINISTRIES
STATEMENT OF ASSETS AND LIABILITIES
| Unrestricted Designated | Unrestricted Designated | Restricted | TOTAL | TOTAL | ||
|---|---|---|---|---|---|---|
| Funds | Funds | Funds | FY2425 | FY2324 | ||
| Note | £ | £ | £ | £ | £ | |
| FIXED ASSETS | ||||||
| Tangible assets | 12 | 175,528 | 0 | 0 | 175,528 | 181,122 |
| Investments | 15 | 43,782 | 0 | 0 | 43,782 | 43,451 |
| 219,310 | 0 | 0 | 219,310 | 224,573 | ||
| CURRENT ASSETS | ||||||
| Debtors - Gift Aid | 15,616 | 0 | 0 | 15,616 | 13,873 | |
| Bank and cash balances | 4,062 | 0 | 0 | 4,062 | 3,475 | |
| 19,678 | 0 | 0 | 19,678 | 17,347 | ||
| CURRENT LIABILITIES | ||||||
| Creditors payable within one year | 13 | 0 | 0 | 0 | 0 | (250) |
| NET CURRENT ASSETS | 19,678 | 0 | 0 | 19,678 | 18,841 | |
| TOTAL NET ASSETS | 238,988 | 0 | 0 | 238,988 | 243,413 | |
| Financed by:- | ||||||
| THE FUNDS OF THE CHARITY | ||||||
| Accummulated Funds | 72,978 | 0 | 0 | 72,978 | 68,744 | |
| Building Fund | 166,010 | 0 | 0 | 166,010 | 172,927 | |
| TOTAL LIABILITIES + EQUITY | 238,988 | 0 | 0 | 238,988 | 241,671 |
APPROVED by the Church Meeting held on 12th December 2025 and signed on its behalf by:
==> picture [332 x 109] intentionally omitted <==
----- Start of picture text -----
............................................................................... Treasurer
JO hf
............................................................................... Chairman
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BREAD OF LIFE INTERNATIONAL MINISTRIES Notes to the Statement of Financial Activities For the Year ended 31 March 2025
NOTES
- 1a Basis of Preparation
The financial statements have been prepared in accordance with the Accounting Regulations set out under the Charities Act 2011, and with the Charities Statement of Recommended Practice 2005.
-
1b Fund Accounting
-
Unrestricted funds are available for use at the discretion of the church in furtherance of its charitable objectives. Restricted funds are subjected to restrictions on their expenditure imposed by the donor, or contained in the terms of the grant. Endowment funds are funds the capital of which must be maintained; normally only income arising from investment of the endowment may be used, either as restricted or unrestricted funds depending on the purpose and terms on which the endowment was established.
-
1c Fixed Assets Freehold property:
-
A church building and a minibus was donated to Bread of Life International ministries. The fixed assets recognised by the Church include, The church building, Musical Instruments, Furniture
and Fittings and Computer equipment and projectors. Depreciation on fixed assets is calculated
to write off the cost on a straight-line basis over their expected useful lives at the following rates:
Church Building 04%. Musical instruments 25%. Furniture and fittings 10% . Computer equipment 33%. Motor Vehicles 25%. Building Improvements 13.33%. Investments :Quoted investments are stated at market values. All other investment assets are shown at cost.
-
1d Incoming Resources All voluntary giving is included in the financial statements for the period in which it is received. Donations under Gift Aid plus the associated tax recovery are recognised as income when the donation is received. Legacies are accounted for when their receipt is certain and can be properly quantified. All other income is generally recognised when it is receivable.
-
1e Resources Expended
-
The Bread of Life International Mission Fund contribution is paid regularly and is included in the financial statements for the year to which it relates. Resources expended are recognised in the period to which they are incurred. They are allocated to the particular activity to which they relate. Governance costs represent direct expenditure on the governance of the church, including the production and independent scrutiny of these financial statements. As most of the management and activity of the church is carried out by volunteers, this intangible cost is not included in the financial statements as this voluntary contribution to the life of the church is incalculable.
-
1f Taxation
Bread of Life International Ministries, as a church is an excepted charity within the meaning of the Taxes Acts. Accordingly it is potentially exempt from taxation in respect of income and capital gains received to the extent that such income or gains are applied to exclusively charitable purposes. No provision for taxation has been made in these financial statements.
| 2 Incoming resources Voluntary Receipts Weekly Tithes and offerings Special offerings and donations Income tax refunds under Gift Aid Interest on Investment account Rent receiveable Other Income Total Incoming resources |
Unrestricted Funds £ 45,950.86 16,513.14 14,442.32 16.88 0.00 50.00 |
Restricted Funds £ 0.00 0.00 0.00 0.00 0.00 0.00 0.00 |
General Funds £ 0.00 0.00 0.00 0.00 0.00 0.00 |
TOTAL FY2425 £ 45,950.86 16,513.14 14,442.32 26.59 0.00 50.00 |
TOTAL FY2324 £ 45,378.78 10,112.60 9,204.66 26.59 0.00 1,299.00 |
|---|---|---|---|---|---|
| 76,973.20 | 0.00 | 76,982.91 | 66,021.63 |
4
BREAD OF LIFE INTERNATIONAL MINISTRIES
Notes to the Statement of Financial Activities-continued For the Year ended 31 March 2025
| or the Year ended 31 March 2025 | |||||
|---|---|---|---|---|---|
| 3 Ministirial Costs Pastor's Stipend Pension allowances Payroll 4 Church costs: Insurance Accomodation & Subsistence Bus expenses Fuel Mileage Travel Building Improvements Maintenance Utilities Conferences, Anniversary & retreats Teas and Kitchen supplies Tea and Cake Subscription and Fees CIC and CCPAS 5 Teaching costs: Pulpit supply Children & youth activities Adult programmes 6 Communications: Printing, postage and stationery Media Tech Supplies General expenses Internet 7 Grants payable and reatricted donations Other Tithe Fund payments Love offerings benevolence Visitors Subsistence Charity and mission 8 Governance costs Costs of Trustees meetings Financial Accounting Independent Examiner 9 Acquisition of Assets Acquisition of Assets 10 Finance charges and Other Fees Bank charges HMRC Tax payments Total resources expended |
Unrestricted Funds £ (-20,484.32) (-1,625.79) (-4,200.00) (-204.00) |
Restricted Funds £ 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 |
General Funds £ 0.00 0.00 0.00 0.00 |
TOTAL FY2425 £ (-20,484.32) (-1,625.79) (-4,200.00) (-204.00) |
TOTAL FY2324 £ (-19,200.00) (-1,687.56) (-4,200.00) (-204.00) |
| (-26,514.11) | 0.00 | (-26,514.11) | (-25,291.56) | ||
| (-715.39) (-274.13) 0.00 (-191.97) (-110.00) 0.00 0.00 (-156.00) (-2,744.00) (-3,406.40) (-842.70) 0.00 (-853.21) (-530.00) 0.00 |
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 |
(-715.39) (-274.13) 0.00 (-191.97) (-110.00) 0.00 0.00 (-156.00) (-2,744.00) (-3,406.40) (-842.70) 0.00 (-853.21) (-530.00) 0.00 |
(-640.03) (-540.10) 0.00 0.00 (-85.00) 0.00 (-146.27) (-1,002.40) (-1,789.20) (-2,599.12) (-509.72) 0.00 (-1,149.88) (-630.00) 0.00 |
||
| (-9,823.80) | 0.00 | (-9,823.80) | (-9,091.72) | ||
| 0.00 (-1,978.48) (-15,350.95) |
0.00 0.00 0.00 |
0.00 (-1,978.48) (-15,350.95) |
(-389.41) (-1,335.33) (-7,055.52) |
||
| (-17,329.43) | 0.00 | (-17,329.43) | (-8,780.26) | ||
| (-147.07) 0.00 0.00 (-1,719.59) (-820.80) |
0.00 0.00 0.00 0.00 |
(-147.07) 0.00 0.00 (-1,719.59) (-820.80) |
(-233.63) (-300.00) (-269.00) (-1,393.65) (-801.40) |
||
| (-2,687.46) | 0.00 | (-2,687.46) | (-2,997.68) | ||
| (-56,354.80) (-1,940.00) (-2,760.00) 0.00 0.00 (-7,621.66) |
0.00 0.00 0.00 0.00 |
(56,354.80) (-1,940.00) (-2,760.00) 0.00 0.00 (-7,621.66) |
(46,161.22) (-1,940.00) (-2,651.16) (-552.87) 0.00 (-7,848.26) |
||
| (-12,321.66) | 0.00 | (-12,321.66) | (-12,992.29) | ||
| 0.00 (-250.00) 0.00 |
0.00 0.00 |
0.00 (-250.00) 0.00 |
0.00 0.00 (-400.00) |
||
| (-250.00) | 0.00 | 0.00 | (-400.00) | ||
| (-3,058.00) | (-3,058.00) | (-1,095.73) | |||
| (-3,058.00) | 0.00 | (-3,058.00) | (-1,095.73) | ||
| 0.00 (-4,070.28) |
0.00 0.00 |
0.00 (-4,070.28) |
0.00 (-4,070.28) |
||
| (-4,070.28) | 0.00 | (-4,070.28) | (-4,070.28) | ||
| (-76,054.74) | 0.00 | (-76,054.74) | (-64,719.52) |
5
| Net incoming resources 11 Movement of funds Brought forward Transfers out during the year Transfers in during the year Total funds carried forward |
918.46 46,925.87 (-76,054.74) 76,973.20 |
0.00 0.00 0.00 0.00 |
0.00 0.00 0.00 |
918.46 46,925.87 (-76,054.74) 76,973.20 0.00 |
1,302.11 45,623.76 (-64,719.52) 66,021.63 0.00 |
|---|---|---|---|---|---|
| 47,844.33 | 0.00 | 47,844.33 | 46,925.87 |
BREAD OF LIFE INTERNATIONAL MINISTRIES
Notes to the Statement of Financial Activities-continued For the Year ended 31 March 2025
| 12 TANGIBLE FIXED ASSETS Net book Value @ 31/03/2010 Additiom FY1011 Total Depreciation Net book Value @ 31/03/2011 Additions FY1112 Total Depreciation Net book Value @ 31/03/2012 Additions FY1213 Total Depreciation Net book Value @ 31/03/2013 Additions FY1314 Total Depreciation Net book Value @ 31/03/2014 Additions FY1415 Total Depreciation Net book Value @ 31/03/2015 Additions FY1516 Total Depreciation Net book Value @ 31/03/2016 Additions FY1617 Total Depreciation Net book Value @ 31/03/2017 Additions FY1718 Total Depreciation Net book Value @ 31/03/2018 Additions FY1819 Total Depreciation |
Mini Bus 0.25 £ 4,993.28 4,993.28 (1,248.00) |
Musical Instrum. 0.25 £ 2,965.88 0.00 2,965.88 (741.47) 2,224.41 168.48 2,392.89 (783.00) 1,609.89 645.00 2,254.89 (563.72) 1,691.16 0.00 1,691.16 (422.75) 1,268.41 0.00 1,268.41 (317.10) 951.31 1,577.00 2,528.31 (632.08) 1,896.23 0.00 1,896.23 (474.06) 1,422.17 0.00 1,422.17 (355.54) 1,066.63 1,836.00 2,902.63 (725.66) |
F & F Pulpit. 0.10 £ |
Comput. Equipment 0.33 £ |
Motor Vehicles 0.25 £ |
Church Building 0.04 £ |
Building Improvmnts 0.13 £ |
Total FY2425 £ |
|---|---|---|---|---|---|---|---|---|
| 181.80 | 411.14 | 0.00 | 0.00 | 0.00 | 3,558.82 | |||
| 0.00 181.80 (19.00) |
0.00 411.14 (135.68) |
0.00 0.00 0.00 |
0.00 0.00 0.00 |
0.00 0.00 0.00 |
4,993.28 8,552.10 (2,144.15) |
|||
| 3,745.28 | 162.80 | 275.47 | 0.00 | 0.00 | 0.00 | 6,407.95 | ||
| 0.00 3,745.28 (1,248.00) |
0.00 162.80 (19.00) |
0.00 275.47 (136.00) |
0.00 0.00 0.00 |
0.00 0.00 0.00 |
0.00 0.00 0.00 |
168.48 6,576.43 (2,186.00) |
||
| 2,497.28 | 143.80 | 139.47 | 0.00 | 0.00 | 0.00 | 4,390.43 | ||
| 0.00 2,497.28 (1,248.00) |
0.00 143.80 (14.38) |
0.00 139.47 (46.02) |
0.00 0.00 0.00 |
0.00 0.00 0.00 |
0.00 0.00 0.00 |
645.00 5,035.43 (1,872.13) |
||
| 1,249.28 | 129.42 | 93.44 | 0.00 | 0.00 | 0.00 | 3,163.31 | ||
| 0.00 1,249.28 (1,249.00) |
0.00 129.42 (14.00) |
0.00 93.44 (30.69) |
0.00 0.00 0.00 |
0.00 0.00 0.00 |
0.00 0.00 0.00 |
0.00 3,163.31 (1,716.44) |
||
| 0.28 | 115.42 | 62.75 | 0.00 | 0.00 | 0.00 | 1,446.87 | ||
| 0.00 0.28 (0.07) |
0.00 115.42 (11.54) |
0.00 62.75 (20.71) |
3,000.00 3,000.00 (750.00) |
0.00 0.00 0.00 |
0.00 0.00 0.00 |
3,000.00 4,446.87 (1,099.42) |
||
| 0.21 | 103.88 | 42.04 | 2,250.00 | 0.00 | 0.00 | 3,347.44 | ||
| 0.00 0.21 0.00 |
0.00 103.88 (10.39) |
0.00 42.04 (13.87) |
0.00 2,250.00 (562.50) |
250,000.00 250,000.00 (10,000.00) |
0.00 0.00 0.00 |
251,577.00 254,924.44 (11,218.84) |
||
| 0.21 | 93.49 | 28.17 | 1,687.50 | 240,000.00 | 0.00 | 243,705.60 | ||
| 0.00 0.21 0.00 |
0.00 93.49 (9.35) |
2,335.19 2,363.36 (779.91) |
0.00 1,687.50 (421.88) |
0.00 240,000.00 (10,000.00) |
0.00 0.00 0.00 |
2,335.19 246,040.79 (11,685.19) |
||
| 0.00 | 84.14 | 1,583.45 | 1,265.63 | 230,000.00 | 0.00 | 234,355.60 | ||
| 0.00 0.00 0.00 |
0.00 84.14 (8.41) |
0.00 1,583.45 (522.54) |
0.00 1,265.63 (316.41) |
0.00 230,000.00 (10,000.00) |
1,350.00 1,350.00 (175.50) |
1,350.00 235,705.39 (11,378.40) |
||
| 0.00 | 75.73 | 1,060.91 | 949.22 | 220,000.00 | 1,174.50 | 224,326.99 | ||
| 0.00 0.00 0.00 |
0.00 75.73 (7.57) |
0.00 1,060.91 (350.10) |
0.00 949.22 (237.30) |
919.76 220,919.76 (8,836.79) |
1,065.00 2,239.50 (291.14) |
3,820.76 228,147.75 (10,448.56) |
| Net book Value @ 31/03/2019 Additions FY1920 Total Depreciation Net book Value @ 31/03/2020 Additions FY2021 Total Depreciation Net book Value @ 31/03/2021 Additions FY2122 Total Depreciation Net book Value @ 31/03/2022 Additions FY2223 Total Depreciation Net book Value @ 31/03/2023 |
0.00 | 2,176.97 750.00 2,926.97 (731.74) 2,195.23 0.00 2,195.23 (548.81) 1,646.42 0.00 1,646.42 (411.61) 1,234.82 0.00 1,234.82 (308.70) 926.11 |
68.15 | 710.81 | 711.91 | 212,082.97 | 1,948.37 | 217,699.19 |
|---|---|---|---|---|---|---|---|---|
| 0.00 0.00 0.00 |
469.00 537.15 (53.72) |
618.99 1,329.80 (438.83) |
0.00 711.91 (177.98) |
0.00 212,082.97 (8,483.32) |
0.00 1,948.37 (253.29) |
1,837.99 219,537.18 (10,138.88) |
||
| 0.00 | 483.44 | 890.97 | 533.94 | 203,599.65 | 1,695.08 | 209,398.30 | ||
| 0.00 0.00 0.00 |
0.00 483.44 (48.34) |
0.00 890.97 (294.02) |
0.00 533.94 (133.48) |
0.00 203,599.65 (8,143.99) |
0.00 1,695.08 (220.36) |
0.00 209,398.30 (9,389.00) |
||
| 0.00 | 435.10 | 596.95 | 400.45 | 195,455.66 | 1,474.72 | 200,009.30 | ||
| 0.00 0.00 0.00 |
329.00 764.10 (76.41) |
1,626.25 2,223.20 (733.66) |
0.00 400.45 (100.11) |
0.00 195,455.66 (7,818.23) |
6,400.00 7,874.72 (1,023.71) |
8,355.25 208,364.55 (10,163.72) |
||
| 0.00 | 687.69 | 1,489.54 | 300.34 | 187,637.44 | 6,851.00 | 198,200.83 | ||
| 0.00 0.00 0.00 |
0.00 687.69 (68.77) |
0.00 1,489.54 (491.55) |
0.00 300.34 (75.08) |
0.00 187,637.44 (7,505.50) |
0.00 6,851.00 (890.63) |
0.00 198,200.83 (9,340.23) |
||
| 0.00 | 618.92 | 997.99 | 225.25 | 180,131.94 | 5,960.37 | 188,860.59 |
| Additions FY2324 Total Depreciation Net book Value @ 31/03/2024 Additions FY2425 Total Depreciation Net book Value @ 31/03/2025 13 CURRENT LIABILITIES Creditors payable within one year: Independent examiner Book keeping 14 DEBTORS Represents amounts payble by HMRC in respect of Gift Aid 15 INVESTMENTS Natwest Savings Account |
0.00 0.00 0.00 |
6 0.00 926.11 (231.53) 694.58 0.00 694.58 (173.65) 520.94 £ 0.00 0.00 0.00 0.00 0.00 0.00 0.00 |
811.00 1,429.92 (142.99) |
284.73 1,282.72 (423.30) |
0.00 225.25 (56.31) |
0.00 180,131.94 (7,205.28) |
0.00 5,960.37 (774.85) |
1,095.73 189,956.32 (8,834.26) |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 1,286.93 | 859.42 | 168.94 | 172,926.66 | 5,185.53 | 181,122.06 | ||
| 0.00 0.00 0.00 |
3,058.00 4,344.93 (434.49) |
0.00 859.42 (283.61) |
0.00 168.94 (168.94) |
0.00 172,926.66 (6,917.07) |
0.00 5,185.53 (674.12) |
3,058.00 184,180.06 (8,651.87) |
||
| 0.00 | 3,910.43 | 575.81 | 0.00 | 166,009.60 | 4,511.41 | 175,528.19 | ||
| £ | £ 0.00 0.00 |
FY2425 £ 0.00 0.00 |
FY2324 £ 0.00 250.00 |
|||||
| 0.00 | ||||||||
| 0.00 | ||||||||
| 0.00 | 0.00 | 0.00 | 250.00 | |||||
| 15,616.00 | 0.00 | FY2425 £ 15,616.00 |
FY2324 £ 13,872.85 |
|||||
| 15,616.00 | 0.00 | 15,616.00 | 13,872.85 | |||||
| 43,782.00 | 0.00 | 43,782.00 | 43,450.51 | |||||
| 43,782.00 | 0.00 | 43,782.00 | 40,350.51 |
CHARITY COMMISSION I FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trustees Charity Name: Broad of Lrfe International Ministries On accounts for the year ended 31sI March 2025 Charity no (if any) 1123248 Set out on pages I report to the trustees on my examination of the accounts of the above charity ('Ihe Trusf) for the year ended 31103 12025. Responsibilities and basis of report As the charity's trustees, you are responsible for the preparation of the accounts in accordan with the requirements of the Charities Act 2011 ("the Act"). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent The charity's gross income does not exceed £250.000 and l am qualified to examiner's ststement undertake the examination by being a qualified member of.. kfl':_ Delete [ ] if not applicable. I have completed my examination. I confimi that no material matters have come to my attention in connection with the examination (other than that disclosed below ') which gives me cause to believe that in, any material respect: the accounting records were not kept in accordan with section 130 of the Charities Act. or the accounts did not accord with the accounting records. or the accounts did not comply with the applicable requirements conmIng the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of an independent examination. 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 accounts to be reached. Please delete the words in the brackets if they do not apply. Signed: Date: 16-01-2026 Name: John Seager K. Relevant professional qualification(s) or body (if any): IER Oct 2018
Address: 27 Danbury Down Basildon, Essex SS14 2SP
Section B Disclosure Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Give here brief details of any items that the examiner wishes to disclose .
2
Oct 2018
IER