Trustees’ Annual Report for the period
From 31/10/2022 Period start date To 07/02/2024 Period end date
Charity name: The Daily Bread Christian Charity
Charity registration number: 1200851
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The prevention and relief of poverty. (3) - The advancement of religion. (5) - The relief of those in need, by reason of youth, age, ill health, disability, financial hardship or other disadvantage. (12) |
| 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 |
The prevention and relief of poverty in the lives of people in the UK, who are homeless, hungry or without adequate clothing by supplying these basic needs of food (through the charity kitchen), shelter (using donated funds to provide accommodation) and clothing (using donated funds or donated clothing). The advancement of religion (Christianity) to promote mental, emotional and spiritual wellness to those we support in the community and to the world at large, by evangelism (spreading the gospel) during outreaches as we are led to do so by the Holy Spirit (in accordance with Christian principles). The relief of those in need, by reason of youth, age, ill health, disability, financial hardship or other disadvantage in the UK and any part of the world as we are guided to do so by the Holy Spirit (in accordance with Christian principles). |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity |
Para 1.18 | The trustees can confirm that we have due regard for the guidance issued by the Charity Commission on public benefit. |
Commission on public benefit
Additional information (optional) You may choose to include further statements where relevant about:
SORP reference N/A Para 1.38 Policy on grant making N/A Para 1.38 Policy on social investment including program related investment N/A Para 1.38 Contribution made by volunteers N/A Other
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. |
Para 1.20 | - Completed over 25 out reaches in the areas of Deptford, Peckham and New Cross. - Provided food to over 100 beneficiaries. - Provided clothing to over 30 beneficiaries. - Provided spiritual support and prayers for several beneficiaries. - Some our beneficiaries have reported that through our support they have been able to find employment and begin to overcome addictions. |
Additional information (optional) You may choose to include further statements where relevant about:
Achievements against Para 1.41 objectives set
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | Overall strong financial position. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | Reserves are held to ensure the charity can pay for the food and clothing requirements of out outreaches. Reserves can also be used strategically i.e. for marketing, promotion or fundraising to further strategic Charity goals and aims. |
| Amount of reserves held | Para 1.22 | £1,897 |
| Reasons for holding zero reserves |
Para 1.22 | N/A |
| Details of fund materially in deficit |
Para 1.24 | N/A |
| 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 | |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Constitution |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | CIO |
| 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 voted in by incumbent trustees. Kehinde Bali is entitled to appoint trustees as chair. |
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 | |
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | |
| Other |
Reference and Administrative details
| Charity name | The Daily Bread Christian Charity |
|---|---|
| Other name the charity uses | Daily Bread |
| Registered charity number | 1200851 |
| Charity’s principal address | 37 Stanley Close, London, SE9 2BA |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (if any) |
|---|---|---|---|---|
| Kehinde Bali | ||||
| Kehinde Adebajo | ||||
| Toyosi Emanuel | ||||
| BlessingKayode | ||||
– Corporate trustees names of the directors at the date the report was approved
Director name N/A
Name of trustees holding title to property belonging to the charity
| Trustee name | Dates acted if not for whole year | |
|---|---|---|
| N/A | ||
Funds held as custodian trustees on behalf of others
| Description of the assets held in this capacity |
N/A |
|---|---|
| Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects |
N/A |
| Details of arrangements for safe custody and segregation of such assets from the charity’s own assets |
N/A |
Additional information (optional)
Names and addresses of advisers (Optional information)
| Names and addresses of advisers (Optional information) | Names and addresses of advisers (Optional information) | Names and addresses of advisers (Optional information) |
|---|---|---|
| Type of adviser Name Address |
||
| Name of chief executive or names of senior staff members (Optional information) | ||
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) KB Full name(s) Kehinde Bali Position (eg Secretary, Chair Chair, etc) Date 07/12/2024
| The Daily Bread Christian Charity | The Daily Bread Christian Charity | The Daily Bread Christian Charity | The Daily Bread Christian Charity | 1200851 | 1200851 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receipts andpayments accounts | CC16a | |||||||||||||
| For the period from |
31/10/2022 | To | 07/02/2024 | |||||||||||
| Section A Receipts and payments | ||||||||||||||
| Unrestricted funds |
Restricted funds | Endowment funds |
Total funds | Last year | ||||||||||
| to the nearest | £ | to the nearest £ | to the nearest £ | to the nearest £ | to the nearest £ | |||||||||
| A1 Receipts | ||||||||||||||
| Donations | 2,840 | - | - | 2,840 | - | |||||||||
| - | - | - | - | - | ||||||||||
| - | - | - | - | - | ||||||||||
| - | - | - | - | - | ||||||||||
| - | - | - | - | - | ||||||||||
| - | - | - | - | - | ||||||||||
| - | - | - | - | - | ||||||||||
| - | - | - | - | - | ||||||||||
| Sub total_(Gross income for AR) _ | 2,840 | - | - | 2,840 | - | |||||||||
| A2 Asset and investment sales, | ||||||||||||||
| (see table). | ||||||||||||||
| - | - | - | - | |||||||||||
| - | - | - | - | - | ||||||||||
| Sub total | - | - | - | - | - | |||||||||
| Total receipts | 2,840 | - | - | 2,840 | - | |||||||||
| A3 Payments | ||||||||||||||
| Website set up | 230 | - | - | 230 | - | |||||||||
| Uniforms | 122 | - | - | 122 | - | |||||||||
| Toiletries | 129 | - | - | 129 | - | |||||||||
| Miscellaneous | 120 | - | - | 120 | - | |||||||||
| - | - | - | - | - | ||||||||||
| - | - | - | - | - | ||||||||||
| - | - | - | - | - | ||||||||||
| - | - | - | - | - | ||||||||||
| - | - | - | - | - | ||||||||||
| **Sub total ** | 601 | - | - | 601 | - | |||||||||
| A4 Asset and investment | ||||||||||||||
| purchases, (see table) | ||||||||||||||
| Marketing/FundraisingEquipment | 342 | - | - | 342 | ||||||||||
| - | - | - | - | |||||||||||
| **Sub total ** | 342 | - | - | 342 | - | |||||||||
| Totalpayments | 943 | - | - | 943 | - | |||||||||
| Net of receipts/(payments) | 1,897 | - | - | 1,897 | - | |||||||||
| A5 Transfers between funds | - | - | - | - | - | |||||||||
| A6 Cash funds lastyear end | - | - | - | - | - | |||||||||
| Cash funds thisyear end | 1,897 | - | - | 1,897 | - | |||||||||
Section B Statement of assets and liabilities at the end of the period
| Unrestricted | Restricted funds | Restricted funds | Endowment | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Categories | Details | funds | funds | ||||||||
| to nearest £ | to nearest £ | to nearest £ | |||||||||
| B1 Cash funds | 1,897 | - | - | ||||||||
| - | - | - | |||||||||
| - | - | - | |||||||||
| Total cash funds | 1,897 | - | - | ||||||||
| (agree balances with receipts andpayments account(s)) | OK | OK | OK | ||||||||
| Unrestricted | Restricted funds | Endowment | |||||||||
| funds | funds | ||||||||||
| Details | to nearest £ | to nearest £ | to nearest £ | ||||||||
| B2 Other monetary assets | - | - | - | ||||||||
| - | - | - | |||||||||
| - | - | - | |||||||||
| - | - | - | |||||||||
| - | - | - | |||||||||
| - | - | - | |||||||||
| Details | Fund to which asset belongs |
Cost (optional) | Current value (optional) |
||||||||
| B3 Investment assets | - | - | |||||||||
| - | - | ||||||||||
| - | - | ||||||||||
| - | - | ||||||||||
| - | - | ||||||||||
| Details | Fund to which asset belongs |
Cost (optional) | Current value (optional) |
||||||||
| B4 Assets retained for the | - | - | |||||||||
| charity’s own use | - | - | |||||||||
| - | - | ||||||||||
| - | - | ||||||||||
| - | - | ||||||||||
| - | - | ||||||||||
| - | - | ||||||||||
| - | - | ||||||||||
| - | - | ||||||||||
| Fund to which | Amount due | When due | |||||||||
| Details | liability relates | (optional) | (optional) | ||||||||
| B5 Liabilities | - | ||||||||||
| - | |||||||||||
| - | |||||||||||
| - | |||||||||||
| - | |||||||||||
| Signed by one or two trustees on behalf of all the trustees |
Signature | Name | Date of approval | ||||||||
| KEHINDE BALI | 07/12/2024 | ||||||||||