CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period BREAD OF LIFE.. Period start date: from 10th April 2024 C01141UNITY_ CHiIRCM- Period end date: to 31st December 2024 Charity name: Bread of Life Communlty Church Charity registration number: 1207787 Objectives and Activities SORP reference Surnmary ofthe purposes of the charity as set out in its goveming document Para 1.17 To advance the Chrlstlan faith for the public benefit and to pursue other charitable purposes consistent with Christian principles and practl¢e. Sumrnary ofthe main aclivities in relation lo those purposes for the public benefit, in particular, the activities, projects or seNi¢es identified in the accounts. Para 1.17 and 1.19 By actlve evangellsm. preaching the Gospel regularly In publle places and onllne By operatlng a church with Sunday services of publlc worship, including a Sunday School for children, and wlth midweek meetings for fellowship, prayer and Bible study By provtding public and social Media broadcasting of Chrlstian faith messages of an evangellstl¢ and teaching nature By glvlng and encouraglng pastoral ¢are. Staternent confirming whether the trustees have had regard to the gvidance Issued by the Charity Commission on public benefil Par81.18 The trustees had full regard to the guldance In Commlssion documents PB1. PB2 and PB3 when drafting the fomial Constitution In earfy 2024 and continue to keep those principles in mind. Additional info￿atiOn. Poliry on grant making Para 1.38 loplionall It Is our pollcy, followlng Ihe Blbllcal practlce of tithing, to use at least 1IYA of our income to aid other charities involved in Chrlstlan wor We do not invite applications for support. All decisions are at the discretion of the charity trustees. Contribution made by volunteers Para 1.38 loption81) It is of the nature ol churches that the activity programme Is largely built around those who partlclpate. so each 15 a volunteer. Our street evangelism is probably the best example, where everyone participates to Some degree. Likewise, everyone at a prayer meetlng offers thelr tlme freely. Even the weekly Sunday service relie5 on maybe a third of those attendlng serrflng In one way or another. Indeed. much of the publlc benefit comes from taklng up the opportunities for service offered within the church fellowship. other We held a number of special events such as a men's breakfast and a main church summer BBQ. These were both well attended, and enabled other people in the Community to visit and see what typically goes on in our church. We held a very successful Chri$tm3s outrea¢h ev•nt in Central London. Achievements and Performance SORP referen Summary of the main achievements of the charity, identfying the drfference the Charity's work has made to the CITcumstances of its benefi¢iaries and, rf pracli¢able, any wider benefrts to society as a whole. Para 1.20 Our church has approximately doubled In slze during this perlod. One of th¢ contributing factors Is the number of people moving from other parts of the country lojoln our church. All sectors of the church have been affected: Our Sunday School class has increased vastly due to new families attending. We introduced a baby and toddler room to lighten the demand that came with this growth. Our evening fellowshlp and 81ble study groups have also Increased In sÉze Our morning prayer meeting has attracted many new people too. Our food bank donatlons have Ilkewlse Increased. We had some baptlsm serilces. However, the numbers have not grown as most new people joining our ¢hur¢h were exlsling Christians. Our new website was designed and launched, as well as our soclal media platforms such as Fa¢ebook and YouTube, all of which continue to Increase In thelr followlng. We Introduced Ilve4treaming of our street evangelism, which has contributed to our online following. Another indicator reflecting the above growth Is flnan¢lal performance. We make no charges: rather we invite people to glve "offerings" on a freewlll basis. In May. our first full month In 2024. offerings reached £1,S26', In December. £2.401 lup 57•A in seven months). Reserves, after expenses, rose from £9.855 to £12.630 in the same period lup 28•1.). Financial Review SORP Review of the charity's financial position at the end of the period Porn 1.21 When we be¢ame a CIO in April, we inherited a balance of £9,528 from the unincorporated charity. With growth in numbers of members and also in theirfaithfulness to God, offerings have cllmbed steadily month by month. At the end of December, our reserves reached £12,630 and look to conllnue to grow. Statement explaining the policy for holding reserves stating why they are held Para 1.22 It is too earfy to forniulate a reserrfes pollcy. a$ a new charity. and especially at a tlme of conslstent growth where there is little need. We have however set up a Deslgnated Fund separate from the General Fund, consisting of sums derived from Gift Aid, as a reSe￿e for strategic investment or to meet slgnlf Icant unplanned expenditure. At the end oflhe period. the balance was £5,19 Our practice Is to keep a mlnlmum of £2,000 In the bank current account at any tirne as a cushlon to deal wlth ¢a$h flow. the rest of our surplus funds held in an interest*arnlng deposit account on three months, notice. The chaiity trustee$ are Conslderlng opening a Building Fund, to encourage faith for a move to larger premises Sn response to need. Amount of reserves held Par8 1.22 At the year end. our deposlt account had balance of £10,131. Explanation of any uncertainties about the charity continuing as a going concern P8r8 1.23 Not appllcable Details of fund materialty in deficit Para 1.24 Not applicable Addltlonal Infonnatlon: The charity's principal sources of funds linduding any fundraising) Para 1.47 Icth"onall Our only sources of income are currently freewill offerings from our members and supporters. together with any Gift Aid from HMRC. We make no charges and do not engage in fund-raislng. Investment policy and objectives including any social investment policy adopted Para 1.46 lopb'onall Our policy is to place funds surplus to ca5h- flow requirements wlth Kingdom Bank. due to Its focus on lendlng to new and growlng churches. The bank is authorised and regulated by the Financial Services Authority. A description of the principal risks facing the charity Para 1.46 Iopbonall The only significant risk we foresee is the likellhood we wlll shortly outgrow the hlred premises in which we meet for our Sunday services. The charty trustees are exploring various short-term and longer-tenn options. Structure, Governance and Management SORP referen Description of the charity, trusls.. Type of goveming document Para 1.25 Constllutlon How is the charity constituted? Para 1.25 Charitable Incorporaled Organlsatlon (CIO) Trustee selection methods iftcluding details of any ¢onstitutional provisions Pora 1.25 The Constitution provides for candidates to be selected from ¢reditable Current members ofthe CIO and for appolntments to be made by resolutlon of the charlty trustees. Additional inf¢m)ation: Policies and procedures adopted for the induction and training of trustees Para 1.51 loplionall The ConstitLrtion provides that training and induction will be given to newly appointed trustees, especially in any areas of particular responsibility to be carried out by thern on behalf of the CIO. The charty's organisalional structure and any wider nehvork with which the charty works Pwa 1.51 loplionall The effectlve management of the charlty is led by the Minister supported by a Leadership Tearn consisting of the five trustees and five appointed leaders of the main departments of the church. We are independent of any fornial denomlnatlon or other ruling body. The charlty has no paid staff. Relationship with any related parties Para 1.51 loptsonall Likewise. the charfty has no subsldlary undertakings and no partnership with any other organisatlon In pursuit of its charitable objects. Relationships with other bodies, e.g. the lo¢al Food Bank. are on an infonnal basis. Reference and Admlnlstrative details Charity name Bread of Llfe Community Church other name the charity uses Bread of Llfe CC Registered charity number 1207787 Charity's principal address clo The Brotherhood Hall 28 St. Osyth Road Clacton-on-sea Essex C015 3BW The charity trustees who managed the charity during the period TnMte8 narne Offic•1Sf any) Dates aeted. W for thg t•thole period Stephen Clayden Mlnlster Davld Husklsson Treasurer and Administrator Anthony Clayden Joshua Tann Victoria Sergeant Other disclosures The ¢harlty had no corporate trustees at any tlme durlng the perlod. No charlty truslee held title to property belonging to the charity durlng the perlod. The charity held no assets as custodian trustee on behalf of others during the period. Other optional information Overall, our church has advanced In the direction we wanted it to. We have had glfted volunteers step up into various roles In order to cope wlth the large growth we have experienced. We have been able to invest in more advanced equipment and resources. We have experienced mlnlmal ¢hallengos this year. Declarations The current charlty trustees declare that they have approved the report above. Signed on behalf of the charlty trnstees: Signature(s} Full name(sl Stephen Anthony CLAYDEN David Patrick Chartes HUSKISSON -50RP"references are to the 5iaTefftentoJRecornmended Prtsttice opplitoble to churitsespreparinq fheiroccounrs in occordonce with the FirtonotslReportlRg StGndordapplicoblÉ in the UKIFRS 102) eAlertive IstJonuGry2019. Bread of Llfe Communl Church cio 1207787 Receipts and payments accounts CC16a For the perlod 10-A r-24 31-Dec-24 Section A: Receipts and payments Unrestricted funds Restricted fund8 Designaled fund* Total fund8 L&5l y6 i<> nwf•Bt£ to n•4f•BtÉ to n•&i*4t£ b) n•am$i£ n￿rn$t¥ A1 Rte•ipts TKhesand Offellws Tax refJrth I&ftAiiJl Intere51 eamiiYJ$ Sales aTKI other Tpn$f¢¢, *ryndiw up Offoff(￿rch2ftty 1S.fj86 2.210 16.026 2.210 131 19 9.028 27.914 19 9,$28 27.475 Sub totsl A2 A$8gt and Investment dlsposals PAe(wiprnenl and otstechn￿Oryy $22 $22 Sub total $22 A3Pa ents P85￿5 expenses Sunday M￿nIsby. Including iiaii hire Other ministry and supwxt tknnabons 932 3.781 1.350 1.895 3.785 11.744 932 3.781 140 2S7 2.152 3.785 11150 Sub total A4 Asset and invèstmènt urchases MuSiC81 InstrumeMsarnY teehrnk Se¢unty e(pipmenl Auditsvisual and medKq equiwnwl 1,42S 3.6ST 1A25 3.857 Sub total 15.400 15,807 Net receipts1￿￿ments (.) A5 Transfers belween fun(ts A6 Cash fun¢8 last year end C•$h fvnds this year and 12,597 4.194 12,630 5.194 7,402 5.194 12.630 CC16a12Q24 full yoar) Section B.. Statement of assets and liabilities at the end of the period Categorles UnYe$tri¢t¢rffvnd¥ Rtstrf¢ted fund De81gnato(t I￿ndS tongarosie to no¥rHt£ B1 Cash funds 33 Derwi account 4,937 5,194 16 Total cash funds 7.402 33 5.194 Unr•Atrfctsd fund8 R￿vICtOd lunda DE51gnatod fund$ to f+fr4rO$1£ to 82 Other monetary a88ets Gift TebBle clairned. notyet GASDS ￿bated3pmed. wivod 676 132 Fund to*hkth C05t lopllonjll Curr•Rtvah 83 Inve8tmgnt assets Fund t4) whi¢h set b•long¥ e¢nt IopiioMII Curront Yalu• lo￿01￿1) 84 A8Bèt8 retalned for tho chaflty's own use and I￿￿￿¢9Y Unresiriti 5,19) Fund to Ilabllfjty relats ountdu (op¢io￿lI Wlben du¢ loptionall 85 Liabilitie8 Hire ofThe Brothe￿ Hail UnrestnL1ed Jan-2S Suned by on8 or tsyo tru$tses on bohaw of all the trustee8 Signatu¥e Pfint Name Oate ol approval Day￿ Huskisson s- CC16a12024 lull yoarl CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts .Section A Independent Examirw'sReport_. Report to the trustees BREAD OF LIFE COMMUNITY CHURCH On accounts for the year ended Charlty no (If any) 31st DECEMBER 2024 1207787 Sot out on pages 1and2 I report to the trustees on my examination of the accounts of the above charity I'the Trust.) for the year ended 31 $1 December 2024. Responsibilities and basis of report As the charity's trustees, you are responsible for the preparation of the accounts in accordance 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(51(bl of the Act. Independent examinerfs statement aPpITr6￿￿. Delete I l rfnot 8pplicable. I have completed my examination. I confim that no material matters have come lo my attention in connection with the examination (other than that disclosed below"} which gives me cause to believe thal in, any material respect.. the accounting records were not kept in accordance 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 concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the a￿Ount8 give a Irue and fair, view which is not a matter considered as part of an independent examination. I have no ¢oncems and have come across no other matters in connection with the examination to which attention should be drawn in this ieport in order to enable a proper understanding of the accounts to be reached. ' Ple8se delete the words in the brackets rfthey do not apply. Signed: Date: Name: Co fd ruyv Relevant professional qualificationls) or body lif any): Addrèss: fL I cf4 Section B Disclosure Only complete if the examiner needs lo highlight material matters of concem (see CC32, Independent examination of chanty accounts.. directions and guidance for examinefs). Give here brief details of any Items that the examiner wishes to disclose.