Charity registration number 1209452 IEngland and Wales) GLORY 611 BREAD OF LIFE CHRISTIAN CHURCH BIRMINGHAM ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2025 GLORY 611 BREAD OF LIFE CHRISTIAN CHURCH BIRMINGHAM LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mr CheMg Yee Simffl Kw8ll Ms Yuk ￿an Yip MrkngYI￿ Lam r Kim Seng T Ms Ivy La￿p1￿j TL IApp(Mnted 6August 20241 (Appcrfnted 4 Feb￿￿ry ￿25) (Apwnted 4 FebrLtary 20251 IAppThnted 6AugUSt 20241 IAptK4nted 6August 20241 Charity ragistration EryJlaThl 1209452 Principal address 23 High[￿￿j L Quinton Birmir4Jham B32 1QR Independent examiner F Lctapham FCA CKAcrAJnting Servi No 4 Casue Court 2 Gasyegate Way Duthey st mm11￿dS DY14RH Bankers Metro Bank PLC Lon¢Jon C1B5HA GLORY 611 BREAD OF LIFE CHRISTIAN CHURCH BIRMINGHAM CONTENTS Page Trusteès resmxi Independent examiners feKXYt Slatgment of finarwial acbvtbes Balance sheet Notes to th8 finanoal statements 6-10 GLORY 611 BREAD OF LIFE CHRISTIAN CHURCH BIRMINGHAM TRUSTEES REPORT FOR THE PERIOD E.NDED 31 DECFMBER ?025 The trustees present annua reFKYt aThJ finarrial staiwnents for the peri&J endèd 31 Decemt4r 2025. The finarri81 statemerts have prepared in arA)rdance wth ￿ accounti￿ pdioes set out r￿te 1 to the finantrj*l qta+Affjeryts and corn￿v uhlh th• charivs éwjvwninn dw_lim*rrt the Chanti•S Acl. ?011 FRS 10? "Tty Financial Reptstting Standard applicabte in the UK arKI RepJL4ic of Irel8rKI" and Charitles SORP "Accounb"ng and Reporting by Charitsgs. Staiunent of Re¢xjmm￿ded prac*￿ appltC8Ne to chartbès preparing treir ac￿nts in ac¢0[dan￿ with the Finanaat Repxb"ng Standarrl aprAicable in Ihe UK artd Republic of Ireland IFRS 1021" Objectives and activittès Tme church's aim is to dissemirtate Ihè Gospd, to ¥a]ues 8r¥l bith in Ihè v￿rd of God, and to pray for people, so tnat people may be Itnpacted. ev3nge15sttc a[￿ healett. 10 ensire rjeiievers vtho m8y be contomeo to the image of Jesus Christ and erthura3ed and SUPE￿ed thr￿gh the (Kganisattcfft of tlleetings, spiritual training, sèminars, Chri￿"an schLX)Es. bible w)9rammes ofCMslian thutch planting. Publ￿ benefft The twstees have paid due regard to gLud8rxx issu&J by the Cliarity C(xnmission in dec4thng what activib.es lh& charity slould.,- Achievernents and pèrfomiance S￿n￿Gant actiwb.es andacIM￿n￿ntr￿)Wnst0b￿s We are very pleased It￿t we f*ave we have mot regLsLgrfy on Saturdays at rented cl￿rCh halls vAth a stable atterKlance ofabout 20 peot4e rarvJiThJ from teénèJ8rs to relir&l FW?le. vve Iiave ahe&Jy 56uJie(i d to its ienl aelty va ￿etr￿￿J1￿I ChurLh Hail for Our r￿Ee￿.n9 for the coming y8ar. We sh811 (x)ntinue to serve the Feople Lem& w￿11 be ￿1¥￿1. Cash (bnab"ons are r￿nIsed T￿lPL thr dt4)ats"￿S are rerA)gni*J Or￿ th9 (*atty has begn notfiad of the (lonation, unless p￿)marte Co￿1￿(￿)5 ￿￿lre deferrdl of the amount. In(xxne tax recoverablé in relth.on tr> donations recaved under GÉftAid or deeds of covenant is recognised 8tthe b.me of the don*"on. Legacies are recognised on rec&pt or oEhuwse if Ihe ch￿ty been nOtif￿d of ￿ imp8nding disiribution, li ￿51￿1￿1*L 1> iiyi fj¥gacy *> tr¢a.￿ as conth"ngent a35eL GLORY 611 BREAD OF LIFE CHRISTIAN CHURCH BIRMINGHAM NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDEn .?! nFfFURbfo ?n?5 A¢countlng polieles {Continued) 1.6 Expenditurp Expenditu￿ is recognisEd or¢£ the￿ ts 3 lega or (X)nstr￿ rt>lÈoabon lo trBnsler eeonomic benefft to 8 Ihird party, it Is prOba￿e that a transfw of econcmic benefits will te required in settlement. and the amount of the oblibwtson ￿ be m8asLYed rdi*. Expendl'ture 16 classrfsed by xb'vty. The costs of each acb'vity are made up of the total of direct costs and shared costs, indudir¥J SUFWt costs invclve£S in Lmdertaking eth pLtivty. Direct costs altributsble to a single a¢b'vity are allocated direcuy to that activty. Shared cosls contrilxjio to mixe than ¢)ng acbvrty and supFyJn cosrs wi¥(i) $ie not allnourthe to a singra axvity are apWJrutH￿ i*￿n tiK>sè athvilles On a Da51S consistont th& uso of r8sourc8s. C8ntr81 staff costs alloc4to(l on tho basis ol b.me spent, and depreciats"c￿ ttArges are allc¢aled ￿ the wts.on of lhe asset's use. 1.7 Cash and cash oqulv*l•nts Cash and (ssh ewiv8lents induts (ssh In ￿•￿. da￿86ts at i￿1 ￿th b￿ks. othBr short-tem Ilquld inve*twen+è - ryry31 m*.i*.* of byee .......- -. . espk Ye olio4r. vth'n borrowng6 haknlJbo6. 1.8 Flnanelal In$trvmonts The chanty has deded to apFAy the pro¥?sicffls ol Section 11 '88sic Fina￿81 InstrLmerts' arKI Section 12 'Other FinancAal 1nstntsments155￿s. of FRS 10210 all cl its finawl in$trLunenls. Financial Instruments ar• In thè ch￿S bJlanc• shoot vthen tho cknarity becomes p8ty to tha contrgc¢uo1 prov¢s[￿S of the In¥trumert Finanual assets and Iiabilth'es are crftset the net amounts preseniod In th& finana81 statements, when there is a legally enfo￿able nght to s¢t off tho rwnis•d amc#Jnts and there Is an intonts.on to settLg on a net basis c< to re81ise Ihe 8sset settkn the lithlty simuwaneousty. 8•$lc Iln•nel•l 88•aS Basi¢ finanaal asséts. whith ir*Judè dabtors a)d cash and bank b￿ar￿s. are initidly measured at tran¥adK)n pri¢8 induth.ng tran￿b"on costs aThJ arè SLtJseqL*nUy ca￿1&1 at amorb'sed cx)st using the effeclive interest Moth￿ yrless the Or￿geMerrt consthjtes a finanang transath"on. ￿ere thè transacts'on ig m•osur•d •1 the prns•nt valu• ot tho fuiurn receipts th'scourrted at 4 market rate of interesL Finanoal 999e19 dassified as re￿Nable vth"n c￿e year are not amoFtised. Bask ffnandal Ilablllues Basic financial liabilib"es. incJLMlirvJ c¥edittr$ ar¥J bank loan3 arc I￿￿￿Y recogni￿￿ * tr8nsaction price unless the arrangern￿t constitules a financ4TrJ transaction, where Ih dgbt irthmènt is m•asur•d at th& present value of Ihe fvrture payments discowrted at a mathet rate of int8(6st. Frnamal liabilities dassified as payable thin ¢¥w year arè notomorb"sed. DereGognifion of IIna￿l&ll1￿bIIIttes Finanaal liatx'lities are dw8rw)is6d v&knen thè chaws ca)n1rad￿ oblNJations expire GY are discharged or cancdled. t3LORY b118RtAU OF LIFE CHRISTIAN CHtiRCh 8iKMiNt?triAM NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 DECEMBER 2025 Critical accounting astimates and jud￿ments In the applicats.on of the chaiity's accourthng pOl￿e$. the twstee5 ¥e ￿￿red to make judgements. estimates and assumptions about the Carr￿ng amount of assets and liabilib&% that are rx)I readily apparent trom other sources. The ests"mates and associate(l assumptt.ons aré baS•d on nistoricat axperiance and other factors that The esb"mates and utMJetlyiTWJ a5$umpli(￿S are miwfd on w (wjing basis. Revisi(Ms to accounbng osth"mates a￿ recc¥Jnise(l in the wi)cl in %thch the estimate is revised vthere the revision affects onty that period. or In the k*riod of the mis1¢￿ and bjbjre Feriots ¥there the revision affects both ojffent flrture periods. Income from donatiorks 4nd le94GiÈS Total funds 2025 funds 2025 2025 tlonats.ons and qins 24.734 27.734 Other income 2025 Gift 8id 4.435 Expenditure on elwltsble actlvth5 Church aetivitTres 2025 Direct costs Music equipment Speaker fees 102 1,2(WJ 1.302 Share of SUDDOrt and oovemance costs I￿* not• 61 SupFK>rt Govèmanc8 2,862 1,876 Analysis by fund Unrestrieted fuThJs GLORY 611 BREAD OF UFE CHRISTIAN CHURCH BIRMINGHAM NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) Fnp THF pFAvinn ?* nLrrFuAFQ ?n?£ Support costs allocated to activi 2025 2,162 389 59 272 1,876 Refreshmenis statii)nery Sundries Govemance costs 4,738 Analysed bètw￿￿. Church ￿tiVitieS 4,738 Net movem*rt in funds 2025 net movwrpnt in fLllJts is stated after thargiW{creoThlirKJl." payable forthe in¢*wdwrt examinalion ofthe th*itys firwie481 statémènts 1.080 Trust Nong of the tru5tee5 I￿ any p￿$￿$ (x)m￿ted wilh Iheml rerav*J ar￿ remuneRtion or ￿nefits from the charity dLrriro the period. Employees The average mfMrtNy nLmber of emFlOY￿ duriTrJ the vrds.. 2025 Number Total 10 Taxation tharty is exemrtfrom tax*"on on its &b"vths Le￿Se all its irKomè is ap￿l￿d for charrtthe purposes. 11 Debtor5 2025 Amounts falling dug within anè y•ar. Other debtot5 GLORY 611 BREAD OF LIFE CHRISTIAN CHURCH BIRMINGHAM NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE PERIOD ENDED 31 DECEMBER 2025 12 Creditor5: amounts falling due withtn onè y#af 2025 1,080 13 Re5trictsd funds The restricted fvnds of Ihe charity comprise Ihe of d¢)nabcfis ond grnnts held on tfust subject VJ spedflc Cond￿Or￿ by don￿ a5 to th8y may be uwj. At 6 August Incoming At31 2025 Buildlng fvnd The buildin9 lund is lor th• PL*chas• ol a propwty in the 14 Unrostri¢t•d funds The unrestrfciwj fvnds of the charfty C(¥npn"$g ￿ unex￿ded bala1￿ rf thi￿10n$ and grants which 8re 4ff4 Thrt•r* 9$19nalgd fvn(is wlich hav8 be8n sol aside (Art rf LmrestrKbJ hiNJs ty thé trustees for sptrific pUr￿3•S At 6 August Incthning R•sour¢ At31 202S General fund$ 29.1 {6.040} 23,129 15 Analysis of net assets between funds Totsl frJnd¥ 202S funds 2025 2025 At 31 December 2025: Currènt asset￿11￿￿"1￿.eS1 23.129 28,129 23,129 26,129 16 Rd4tod party transactions There werp fl1sci￿al4ts relaied party Ihe {. 10-