BULGARIAN EVANGELICAL CHURCH "SPRING OF LIFE"

Registered charity 1154742 · accounts filings on the Charity Commission register · also known as BEC " SPRING OF LIFE"

Central to the work of the Church is the provision of regular public services of Christian worship which take place each Sunday at 11.30 pm.The Church runs a series of house groups for the growth of faith in the homes of some members and from time to time - courses in parenting, and course for people interested in discovering more about Christianity, entitled ?Alpha Course?.

Objects

TO ADVANCE THE CHRISTIAN FAITH FOR THE PUBLIC BENEFIT IN SUCH WAYS AS THE TRUSTEES DEEM FIT.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · Education/training · The Advancement Of Health Or Saving Of Lives · The Prevention Or Relief Of Poverty · Religious Activities · Human Rights/religious Or Racial Harmony/equality Or Diversity · website · Get email alerts

Registered contact address: Thurrock, East of England, England (from the postcode on the register)

Latest income
£45k
Latest spending
£43k
Registered
2013
Accounts read
FY2025

Financial health, per its FY2025 accounts

The charity reported a net surplus of £1,161 for the year ended 31 October 2025, with total income of £44,508 and total expenditure of £43,347. Unrestricted reserves stood at £26,200, which the trustees state is over the required range of £4,200 to £8,400 based on their policy of maintaining 3-6 months of running costs. The trustees are satisfied that the charity will continue as a going concern.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Donations and collections (100% of income)
“Income from Donations and collections 2 - 44,508 44,508 49,618”
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: 3-6 months of running costs of the charity should be maintained. This amount ranges between £4,200 and £8,400. (reserves figure: £26k)
“The trustees consider that reserves sufficient to cover 3-6 months of running costs of the charity should be maintained. This amount ranges between £4,200 and £8,400.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: Mr Evelin Todorov received £19,117; V Todorov (wife of trustee) received £12,600.
“Mr Evelin Todorov (trustee) received remuneration of £19,117 (2024:£20,101) during the year. V Todorov, wife of Mr E Todorov received £12,600 (2024:£10,500) as remuneration during the year.” — page 3
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustee Mr Evelin Todorov received remuneration of £19,117. His wife, V Todorov, received £12,600 as remuneration.
“Mr Evelin Todorov (trustee) received remuneration of £19,117 (2024:£20,101) during the year. V Todorov, wife of Mr E Todorov received £12,600 (2024:£10,500) as remuneration during the year.” — page 3
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Self-declared on the annual return for the financial year ending 31/10/2025

  • Volunteers: 5
  • Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity

Self-declared on the annual return for the financial year ending 31/10/2024

  • Volunteers: 2
  • Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity

Self-declared on the annual return for the financial year ending 31/10/2023

  • Volunteers: 5
  • Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity

Source: this charity’s annual returns on the Charity Commission register.

Annual return filing dates (Charity Commission record)

Of its last 5 annual returns with a recorded received date, 1 was received after the due date: year ending 31/10/2023 (received 19/09/2024, 19 days after the 31/08/2024 due date).

Due and received dates as recorded in the Commission’s annual-return data; the data does not say whether an extension was agreed. Source: this charity’s annual returns on the Charity Commission register.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout London

Income and spending

Financial year endIncomeSpending
31/10/2025£45k£43k
31/10/2024£50k£45k
31/10/2023£53k£42k
31/10/2022£39k£73k
31/10/2021£36k£32k

Common questions

Is BULGARIAN EVANGELICAL CHURCH "SPRING OF LIFE" financially healthy?

Per its FY2025 accounts: The charity reported a net surplus of £1,161 for the year ended 31 October 2025, with total income of £44,508 and total expenditure of £43,347. Unrestricted reserves stood at £26,200, which the trustees state is over the required range of £4,200 to £8,400 based on their policy of maintaining 3-6 months of running costs. The trustees are satisfied that the charity will continue as a going concern. Its FY2025 accounts were independently examined.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with LUMLEY EVANGELICAL CHURCH.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
BULGARIAN EVANGELICAL CHURCH "SPRING OF LIFE"£45k—0above—no doubt
LUMLEY EVANGELICAL CHURCH FY2025£26k——unclear—no doubt
BEWDLEY BAPTIST CHURCH FY2025£119k—0unclear—no doubt
BETHESDA EVANGELICAL CHURCH, HAY ON WYE FY2025£71k£28,1010unclear—no doubt
ALVERSTOKE EVANGELICAL CHURCH FY2025£87k£8,0940unclear—no doubt
BETHEL EVANGELICAL CHURCH GORSEINON FY2025£76k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.