BREAD OF LIFE MINISTRIES (BRISTOL)
Bread of Life Ministries Bristol (BOLM) is an independent Pentecostal church. Bread of Life Ministries have in the last year reached out to the community by organising activities such as youth events, quiz competitions, women's breakfast meetings, prayer summit and annual conferences which has greatly benefited the membership and the community as a whole.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of £1,101 for the year ended 30 April 2025, with total income falling to £77,338 from £96,855 in the previous year. Despite the deficit, unrestricted reserves remain substantial at £156,457, which the trustees note is equivalent to 24 months of expenditure and exceeds their policy target of three months. The trustees confirm the accounts are prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
“BOLM’s reserves policy is to ensure that unrestricted funds not presently committed or invested should be maintained at the level equivalent to three months’ expenditure” — page 11
Trustees
- CHRISTOPHER JOHN MELLOR GOULDchair
- BETTY NDEKWU
- GIFTY MARKEY
- PROFESSOR EDDY CHICKA NDEKWU
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2025 | £77k | £78k |
| 30/04/2024 | £97k | £68k |
| 30/04/2023 | £51k | £48k |
| 30/04/2022 | £81k | £33k |
| 30/04/2021 | £102k | £38k |
Common questions
Is BREAD OF LIFE MINISTRIES (BRISTOL) financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a deficit of £1,101 for the year ended 30 April 2025, with total income falling to £77,338 from £96,855 in the previous year. Despite the deficit, unrestricted reserves remain substantial at £156,457, which the trustees note is equivalent to 24 months of expenditure and exceeds their policy target of three months. The trustees confirm the accounts are prepared on a going concern basis with no material uncertainties identified. Its FY2025 accounts were independently examined.