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← Breakthrough Generation For Christ

2024-12-31-accounts

Company registration number: 06424551 Charity registration number: 1123553

Breakthrough Generation for Christ

formerly known as

Breakthrough Generation for Christ

(A company limited by guarantee)

Annual Report and Financial Statements

for the Year Ended 31 December 2024

Daryl Denson ACMA VAST The Dudson Centre Hope Street Stoke-on-Trent ST1 5DD

Breakthrough Generation for Christ

Contents

Reference and Administrative Details 1
Trustees' Report 2 to 4
Independent Examiner's Report 5
Statement of Financial Activities 6 to 7
Balance Sheet 8
Notes to the Financial Statements 9 to 18

Breakthrough Generation for Christ

Reference and Administrative Details

Trustees Rev. Neori N Wara Rev. Kelekeletabua Wara Rev. Timoci Tuitubou Rev. Elia Bakaniceva Rev. Josefata Naga Charity Registration Number 1123553 Company Registration Number 06424551 Registered Office 7 Lilydale Road Stoke on Trent Staffordshire ST2 9HH Independent Examiner Daryl Denson ACMA

The charity is incorporated in England. 7 Lilydale Road Stoke on Trent Staffordshire ST2 9HH Daryl Denson ACMA VAST The Dudson Centre Hope Street Stoke-on-Trent ST1 5DD Natwest 1 Upper Market Square Hanley ST1 1QA Santander PO Box 282 21 Prescot Street E1 8AD

Bankers

Page 1

Breakthrough Generation for Christ

Trustees' Report incorporating the Directors' Report

The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements and auditors' report of the charitable company for the year ended 31 December 2024.

Trustees and officers

The trustees and officers serving during the year and since the year end were as follows:

Trustees:

Rev. Neori N Wara Rev. Kelekeletabua Wara Rev. Timoci Tuitubou Rev. Elia Bakaniceva Rev. Josefata Naga

Objectives and activities

Objects and aims

The Charity's primary objects, as stated in its Memorandum of Association are:

  1. The advancement of the Christian Religion for the benefit of the public in accordance with the statement of belief in such ways as the Trustees from time to time may think fit.

  2. To relieve the poverty and distress of the public and those in necessitous circumstances by the provision of money, food, clothing and other essential items, as the Trustees from time to time may think fit, so that their conditions of life may be improved.

  3. To preserve and protect health by providing medical care, goods, funds or services of any kind including through the provision of counselling and support and to build or help to build and maintain hospitals, clinics and other institutions for the improvement of physical and mental health, additional to the statutory obligation of the health authorities, as the trustees from time to time may think fit.

  4. To advance education in such ways as the trustees from time to time may think fit.

Public benefit

The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

The charity confirm that public benefit has been provided by;

Page 2

Breakthrough Generation for Christ

Trustees' Report incorporating the Directors' Report

Achievements and performance

2024 has been a successful journey for BGFC Ministry, every year comes with its new challenge. That challenge makes the journey enjoyable because the ministry believe its source Jesus Christ who has being a good example to all.

Our Mens, Women, Youth and Word empowerment ministries have successfully plan, engage and deliver meeting reaching out. As we are a family orientated ministry with that vision we are planning and delivering successfully engagement and positive feedback throughout 2024.

Some division did have camp meetings, trips, the main purpose is for spiritual life strengthening and meeting up with the rest of the ministry in a peaceful environment.

We as a family ministry meets every 2 months to strengthen, edify, exchange though to balance things out which some have success in can help others develop. We had a successful conference in Catterick, seeing most of our member travelling from Fiji. With the favourable British weather it made the week long meeting enjoyable and successful.

We continue to repair and renew some part our HQ building in Stoke-on-Trent as it is the main centre of church service. Making sure it provides and in-line with the standard required to hold church service for families.

Financial review

Policy on reserves

Restricted reserves at the year end were £6,359 (2023: £35,991) these funds were raised and we will continue to raise similar amounts of reserve funds in the next three years in order to raise enough for renovation and refurbishment of the building that we bought situated at Glass Street, Stoke on Trent.

Unrestricted reserves at the year end are £144,563 (2023: £120,639). These funds that are held to meet any unforeseen expenditure that may occur. As money is raised throughout the year, the trustees consider this amount to be sufficient to meet the short term costs of running the office.

Small company provisions

This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006.

Structure, governance and management

Nature of governing document

Breakthrough Generation for Christ is a company limited by guarantee, with the liability of members limited to £10 each. The company is governed by the term of its Memorandum and Articles of Association and is registered as a charity with the Charity Commission.

Recruitment and appointment of trustees

The Trustees (who are Directors of the Company) are recruited from the members of the congregation and are appointed by the Annual General Meeting, by ordinary resolution, or by the board, at any time, either to fill a vacancy or as an additional Director.

Page 3

Breakthrough Generatoon for Christ Trustees. Report Incorporating the Dlrectorn. Report 141itJ Thq annu¥l re￿￿1 was aM)rovr)a by ts tru5* of the ¢h&rtty Ixi ....... .. ....... behall by. and sgned M rts Rev N•od N Wara Tiustoe

Breakthrough Generation for Christ

Independent Examiner's Report to the trustees of Breakthrough Generation for Christ ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2024.

Responsibilities and basis of report

As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner’s statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of Breakthrough Generation for Christ as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].

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.

...................................... Daryl Denson ACMA

VAST The Dudson Centre Hope Street Stoke-on-Trent ST1 5DD

28/10/2025 Date:.............................

Page 5

Breakthrough Generation for Christ

Statement of Financial Activities for the Year Ended 31 December 2024 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)

Note
Income and Endowments from:
Donations and legacies
3
Total income
Expenditure on:
Charitable activities
4
Total expenditure
Net income/(expenditure)
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
12		 Unrestricted
funds
£
86,487
86,487
(54,947)
(54,947)
31,540
31,540
120,639
152,179		 Restricted
funds
£
-
-
(38,607)
(38,607)
(38,607)
(38,607)
35,991
(2,616)		 Total
2024
£
86,487
86,487
(93,554)
(93,554)
(7,067)
(7,067)
156,630
149,563

The notes on pages 9 to 18 form an integral part of these financial statements. Page 6

Breakthrough Generation for Christ

Statement of Financial Activities for the Year Ended 31 December 2024 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)

Note
Income and Endowments from:
Donations and legacies
3
Total income
Expenditure on:
Charitable activities
4
Total expenditure
Net expenditure
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
12		 Unrestricted
funds
£
51,159
51,159
(60,208)
(60,208)
(9,049)
(9,049)
129,688
120,639		 Restricted
funds
£
2,590
2,590
(6,581)
(6,581)
(3,991)
(3,991)
39,982
35,991		 Total
2023
£
53,749
53,749
(66,789)
(66,789)
(13,040)
(13,040)
169,670
156,630

All of the charity's activities derive from continuing operations during the above two periods.

The notes on pages 9 to 18 form an integral part of these financial statements. Page 7

Breakthrough Generatlon for Chrlst (Registration num ber: 06424551) .. Balance Sheet as at 31 December 2024 2024 2023 Not• Fixed AsBetJ TarrfJ assets 250.618 250.928 Cash Bt bank in h8rKI 11.409 Credltors: Amounts falllng duo wlthln on• y￿r Nrt curr•nt 10 {8.545 8.502 12.617 Total •styets lesg Current Il•bllltbes 253,4K2 263.545 1C6,91 Cr•ditorn: Arnounts f•lling due •fter mort than one y•af 11 103.919 149.S3 1%.630 Funds of the ¢h•rlty: R•EtrKt•d IT￿m0 funds Re5triGted ￿TK 12 6,359 35.991 Unr•8trict•d incorn• funds Unrestricted funds 143.X14 120.639 Totsl fund 12 149. 1S6.630 For the fm•rtiJl ￿ enth'ry 31 tcember 2024 ￿ charty was entillqd to •xenwDon frcrtn a￿￿1 lor 477 of CorTyanies Act 2[A￿ reljtinq K> small compant l)'rectyrs' respr￿S￿rtILX. Th? Mem￿r5 hBve rot required the chanty ￿ obtrt an audit ot its 8cry￿nts Ihe yew In qUeS￿On In accordancg w51h 476: Jnd Thp. directors ocncfv41eagc ihew res[>￿sibILitS for cxmplying with tr requirem¢nls ol th• kt with rosppd to ar£ounlw record5 the preparatsm ¢f atsJ)unl rwjcial ststem•nts on poge$ 6 KI 18 wefc by trustee3, authorJ kr thu¢ . and ￿ngd ￿ their bqhaw by.. Rev Ne￿ N T￿￿lee The rw on pagc* 910 18 ltym an IntEgral part of th￿ slatwnonts. P￿e8

Breakthrough Generation for Christ

Notes to the Financial Statements for the Year Ended 31 December 2024

1 Charity status

The charity is limited by guarantee, incorporated in England, and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £10 towards the assets of the charity in the event of liquidation.

2 Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared in accordance with 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) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). They also comply with the Companies Act 2006 and Charities Act 2011.

Basis of preparation

Breakthrough Generation for Christ meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.

Income and endowments

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably.

Donations and legacies

Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period.

Page 9

Breakthrough Generation for Christ

Notes to the Financial Statements for the Year Ended 31 December 2024

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Governance costs

These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees meetings and reimbursed expenses.

Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Tangible fixed assets

Individual fixed assets, other than land and buildings, costing £500 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Land and buildings are initially included at cost and periodically revalued to market value.

Depreciation and amortisation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class Depreciation method and rate Fixtures, fittings & equipment 20% straight line basis 0% as the estimated residual value is Land & buildings not materially different from the carrying value of the asset.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Page 10

Breakthrough Generation for Christ

Notes to the Financial Statements for the Year Ended 31 December 2024

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.

Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

Financial instruments

Classification

Financial assets and financial liabilities are recognised when the charity becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities.

Recognition and measurement

All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Financial assets and liabilities are only offset in the statement of financial position when, and only when there exists a legally enforceable right to set off the recognised amounts and the charity intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the financial asset expire or are settled, b) the charity transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or c) the charity, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires.

Fair value measurement

The best evidence of fair value is a quoted price for an identical asset in an active market. When quoted prices are unavailable, the price of a recent transaction for an identical asset provides evidence of fair value as long as there has not been a significant change in economic circumstances or a significant lapse of time since the transaction took place. If the market is not active and recent transactions of an identical asset on their own are not a good estimate of fair value, the fair value is estimated by using a valuation technique.

Page 11

Breakthrough Generation for Christ

Notes to the Financial Statements for the Year Ended 31 December 2024

3 Income from donations and legacies

Donations and legacies;
Donations from individuals
Donations and legacies;
Donations to major appeals
Donations from individuals		 Unrestricted
funds
General
£
-
51,159
51,159		 Unrestricted
funds
General
£
86,487
86,487
Restricted
funds
£
2,590
-
2,590		 Total
2024
£
86,487
86,487
Total
2023
£
2,590
51,159
53,749

Page 12

Breakthrough Generation for Christ

Notes to the Financial Statements for the Year Ended 31 December 2024

4 Expenditure on charitable activities

Rent
Travel
Utilities
Insurance
Repairs
General administration
Conference
Building project
Depreciation
Interest on loan
Legal and Prof
Rent
Travel
Utilities
Insurance
Repairs
General administration
Conference
Donation
Tithe of Tithes
Donations to Fiji
Depreciation
Interest on loan
Governance costs
Legal and Prof		 Unrestricted
funds
General
£
4,370
17,361
15,857
533
6,304
3,667
5,500
-
310
-
1,045
54,947
Unrestricted
funds
General
£
1,100
10,532
14,396
1,399
532
4,004
10,172
2,818
3,703
10,193
310
-
996
53
60,208		 Restricted
funds
£
-
-
-
-
-
-
-
29,217
-
9,390
-
38,607
Restricted
funds
£
-
-
-
-
649
-
-
-
-
-
-
5,932
-
-
6,581		 Total
2024
£
4,370
17,361
15,857
533
6,304
3,667
5,500
29,217
310
9,390
1,045
93,554
Total
2023
£
1,100
10,532
14,396
1,399
1,181
4,004
10,172
2,818
3,703
10,193
310
5,932
996
53
66,789

Page 13

Breakthrough Generation for Christ

Notes to the Financial Statements for the Year Ended 31 December 2024

5 Analysis of governance and support costs

Governance costs

Independent examiner fees
Examination of the financial statements
Independent examiner fees
Examination of the financial statements		 Unrestricted
funds
General
£
1,045
1,045
Unrestricted
funds
General
£
996
996		 Total
2024
£
1,045
1,045
Total
2023
£
996
996

6 Trustees remuneration and expenses

During the year the charity made the following transactions with trustees:

Rev. Neori N Wara

£Nil (2023: £1,115) of expenses were reimbursed to Rev. Neori N Wara during the year.

Rev. Kelekeletabua Wara

No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.

No trustees have received any reimbursed expenses or any other benefits from the charity during the year.

Page 14

Breakthrough Generation for Christ

Notes to the Financial Statements for the Year Ended 31 December 2024

7 Taxation

The charity is a registered charity and is therefore exempt from taxation.

8 Tangible fixed assets

Cost
At 1 January 2024
At 31 December 2024
Depreciation
At 1 January 2024
Charge for the year
At 31 December 2024
Net book value
At 31 December 2024
At 31 December 2023
9
Cash and cash equivalents
Cash at bank		 Land and
buildings
£
250,000
250,000
-
-
-
250,000
250,000		 Furniture and
equipment
£
1,548
1,548
620
310
930
618
928
2024
£
11,409		 Total
£
251,548
251,548
620
310
930
250,618
250,928
2023
£
21,119

Page 15

Breakthrough Generation for Christ

Notes to the Financial Statements for the Year Ended 31 December 2024

10 Creditors: amounts falling due within one year

Bank loans
Accruals		 2024
£
7,500
1,045
8,545		 2023
£
7,500
1,002
8,502

Creditors due within one year includes the following liabilities, on which security has been given by the charity:

Bank Loans 2024
£
7,500		 2023
£
7,500

The bank loan is secured on the property owned by the charity.

11 Creditors: amounts falling due after one year

11 Creditors: amounts falling due after one year
2024 2023
£ £
Bank loans 103,919 106,915
Creditors amounts falling due after more than one year includes the following liabilities, on which
security has been given by the charity:
2024 2023
£ £
Bank Loans 103,919 106,915
Included in the creditors are the following amounts due after more than five years:
2024 2023
£ £
After more than five years by instalments 76,515 83,369

The bank loan is secured on the property owned by the charity.

Bank loans and overdrafts after five years

The bank loan is payable in equal monthly installments over 240 months commencing January 2017. The interest rate on the loan is fixed at 5.55% per annum for the first 120 months of the loan and then at 3.67% above base per annum thereafter.

Page 16

Breakthrough Generation for Christ

Notes to the Financial Statements for the Year Ended 31 December 2024

12 Funds

Unrestricted funds
General
General fund
Restricted funds
Building fund
Total funds
Unrestricted funds
General
General fund
Restricted
Building fund
Total funds		 Balance at 1
January 2024
£
120,639
35,991
156,630
Balance at 1
January 2023
£
129,688
39,982
169,670		 Incoming
resources
£
86,487
-
86,487
Incoming
resources
£
51,159
2,590
53,749		 Resources
expended
£
(63,922)
(29,632)
(93,554)
Resources
expended
£
(60,208)
(6,581)
(66,789)		 Balance at 31
December
2024
£
143,204
6,359
149,563
Balance at 31
December
2023
£
120,639
35,991
156,630

The specific purposes for which the funds are to be applied are as follows:

Building fund - To fund the purchase and refurbishment of the premises occupied and now owned by the charity.

Page 17

Breakthrough Generation for Christ

Notes to the Financial Statements for the Year Ended 31 December 2024

13 Analysis of net assets between funds

Tangible fixed assets
Current assets
Current liabilities
Creditors over 1 year
Total net assets
Tangible fixed assets
Current assets
Current liabilities
Creditors over 1 year
Total net assets
14 Financial instruments
Categorisation of financial instruments
Financial liabilities measured at amortised cost
15 Related party transactions		 Unrestricted
funds
General
£
618
143,451
(1,045)
-
143,024
Unrestricted
funds
General
£
928
120,713
(1,002)
-
120,639		 Restricted
funds
£
250,000
(132,042)
(7,500)
(103,919)
6,539
Restricted
funds
£
250,000
(99,594)
(7,500)
(106,915)
35,991
2024
£
111,419		 Total funds
at 31
December
2024
£
250,618
11,409
(8,545)
(103,919)
149,563
Total funds
at 31
December
2023
£
250,928
21,119
(8,502)
(106,915)
156,630
2023
£
114,415

There were no related party transactions in the year.

Page 18