BREAD OF LIFE INTERNATIONAL MINISTRIES
Objects: To advance the Christian Faith in Basildon and such other parts of the UK or the world as the charity may think fit; to fulfil such other purposes which are exclusively charitable according to the law and are connected with the charitable work of the trust; Relieving persons who are in conditions of need or hardship and any other purposes beneficial to the community the church operates.
Financial health, per its FY2025 accounts
The accounts state that the charity remains in a healthy financial state with unrestricted reserves exceeding £40,000, which is above the stated policy target of three months' operational budget. The charity reported a net incoming resource of £918.46 for the year, funded entirely by voluntary receipts, with no investments held and no material risks identified.
What the accounts disclose
“The charity’s policy on reserves is to maintain reserves equivalent to a minimum of 3 months its operational budget.”
Trustees
- DENNISHA ABIONAchair
- DOCTOR MANDLA NYATHI PHD
- KUDZAI NDUNA
- PASTOR TAPIWAMUNASHE NDUNA
- PATRICIA SIPHATHISIWE NYATHI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £77k | £76k |
| 31/03/2024 | £66k | £65k |
| 31/03/2023 | £63k | £55k |
| 31/03/2022 | £54k | £55k |
| 31/03/2021 | £60k | £45k |
Common questions
Is BREAD OF LIFE INTERNATIONAL MINISTRIES financially healthy?
Per its FY2025 accounts: The accounts state that the charity remains in a healthy financial state with unrestricted reserves exceeding £40,000, which is above the stated policy target of three months' operational budget. The charity reported a net incoming resource of £918.46 for the year, funded entirely by voluntary receipts, with no investments held and no material risks identified. Its FY2025 accounts were independently examined.