Lharily r¢gislrdtion number: 1023505 Jubilee Church Shepperton Annual Report and Financial Slalemenls for ihe Year Ended 31 Deccmber 2024
Jubilee Church Shepperton Contents (continued) TrusteL s Report I to6 Reference and Adminisirative Details Independent Examinerfs Report Statement of Financial Activities Balance Sheel Notes to the Financial Siatements 101019
Jubllee Church Shepperton Trustee's Report Reference and Administrative Detalls The Trustee5 present their r¢port wiihthe fjnancial statements L)fthc Lharily forth¢ year ¢nding 31 D¢Lember2024. The financial statcm¢nts comply wtth the Chariiies Act 2011 and Accounling and Reportins by Chariiies.. SlalLm¢nt of Recommended Practice applicable to Chariti preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effecliv¢ l January2015). Names of the charity Trustees who Mr T Cowlcs (resigned 27 June 2024) manage Ihe charity: Mrs J Jon¢s Ms L MLLaren (resigned 20 March 2025) Mr C Saiierthwaile (r¢5igned 15 August 20241 Mr K Saynor (appointcd 7 May 2024) Mrs P Coban (appointed 30 July 2024) Mr R Fry (appointed 30 July 20241 Chgrity Reglstratlon Number 1023505 Cbarlty Name Shepperton Community Church Other nameg Ihe ¢h*rlty Iiseg Jubilee Church Shepperlon Debtscape Shepperton The Jubilee CentrL Many8ale Lane Shepperton MIddl¢X.TW}7 9EE L A Evans Bsc FCA Stewdrt and Co Chartered Accountan15 LLP Knoll HOSe, Knoll Road Cambcrlcy. GU15 3SY Cjraham Pearce. Pearcele&pJl 2 The Square, Solihull Wesl Midlands, B9 1 RB Prlncjpal Office IndependeDI Examiner Solicitors Bankers Sanlander Corporatc Account Management 8th Floor Eas( Admin Block Bridle Road. Booile Mers¢ysid¢. GIR OAA Page I
Jubllee Church Shepperton Trustee's Report {fontinued) Structurej governance and management The Charity Shepperton Community Church was registered under a Deed of Tru51 on 7 July 1993 with the regtstration numb¢r 1023505 originally wilh ihe namc Shepperton Christian Fellowship. Th¢ nall Shcppcrton Community Church was adopted in April 1995. In the autumn of 2009, the Charity Commission approved th¢ use of the working name Jubilee Church Shepp¢rton and in October 2012 approved th¢ additional working name or Dcbtscape Shepperton. The Deed of Trust was amended with a Supplemental Deed ofTtU51 on l October 2013. Jubilee Church Shepperton is part of Commission. a Sphere of th¢ Newlrontier5 family of churches and a member of thL' Evanbrlical Alliance. Recrultment and appolnlment of trustee The Trust Decd spccilics that all Trusiees are appuInd by the Elder5. Trustccs aiiend training courses when suitable courses are idLnlifJed. They also receiv¢ Lopie26 of the Charily Commission News when they arL' published, Trusl M4nagenwnt Within the church IhL primary decision-making body is the Eld¢rship, and il is the role ol. the Trusiees to implement their poliLy whilsl ¢nsuring that at all limes adhLrence to th¢ requirements of both the Trust Deed and rel¢vani legislation 1% mainlain¢d. The Elders together govcrn the church, and ihL. Tru%t¢es implenKni ihe policy decisions ofihL Eldcrs. Mrs J Jones and Mr K Saynor arv the only rem42nerarvd TrustCL. Rlsk rnanagem¢n¢ The Trustees regularly review the risks aslated with the charity. Financially this is achi¢vLd by setting an annual bud8ei for unrestricted Fund$. The Truste¢s use budget holder& fur different areas of the church to assist in thL bud¥¢l setting and moniloting process. How¢ver, the uliimate rc.sponsibility still lies wilh Ihe Eldcrs and TruslcLs. The Iinancial position of Ihc TnL%t is T¢¥ularly reviewed by means of thc trea5ur¢r providing ihe Trustees and EldeTr with manugement accounis of both 5pcnd a¥ainst budget and income fiuurcs on a mox)Ilily basis. Th Trnsi¢es have a number of policy documenls in place to manage the charity and premlses, these are currcnily b¢inbF Teview¢d and updaied. General risk% are covered with two insuranL'L policies. The firsl is a gcn¢ral insurance policy designed for churche% withoui premises {in addilion Thamcsmcad School provides insurdnce cover for the building) which include& Trustees. Liability InsuranL¢ which provides a limi¢ of indemnity of £IUO.000. This insurance policy is with Ansvar Insurance. There 15 also a Profcssional Indemnity Insurdn¢c policy with Markel International InsuraThce Company Limited which provide5 a ProfLSStonal Indemnity limil of indeTmiity of £l.000,O(K) and Management Liability limit of indemnity of £500,01)O lo cover the work of Dcbtscape Shepp¢rton. (Alihough Debiscape closed in (ktokr 2021 we are required to hold run off insurance for 7 years). The TTUStees undertake a Health and Safety surv¢y of the premises regularly. We have reviewed the data protcction legi¥lalion and are regisiered with ihe Ico fi)r the work ol" tkbtscape Shepperton and IhL. Church. We have a Safcguarding Lead and Deputy Safeguarding Lead who are both membeTS of the church. and not Truslees. Th¢ chuTL.h continues to be a member of thirtyone:¢iBht. 'fhe church continues with its policy of DBS chL'ck% for all childrcn and youth workers and for those w()rking7 With vulnerable adults. There was a150 rul1¢Ment that all Debt Advisors with Debiscape Shepperton were checked. We check all new workers and cxistin¥ workers: trustees and Elders are reehecked regularly. Page 2
Jllbilee Church Shepperton Trustee's Report (eontlnued) The majority of our income is received by Standing Orders and BACS payments, soine incou]e that wa5 previously received via rhe colleclton baskets on Sunday murnings moved io being sent by BACS or Stsnding The Trustees took the decision in May 2024 to increase the hours of the lead Elder to 40 hours per week. Thi¥ has previously been reduced in 2022. The Youth and C,hildrLn's COrdina10r rol¢ b¢came voluntary. The rol¢ of Comtnunications Co-ordinalor was ruC¢d lo 10 hours per week to redu¢¢ staffinbT ¢ts. The Treasurer resigned in August 2023 and the role wa5 taken over on a voluntary basis. Should the silualion LhangL. further we have sufficient r¢serv¢s to enablc us to continue with our objectives for several months. Ihis is being kcpl under regular review by trust¢es. Public benefit We c(mtinue to review thc activities of the church in ord¢r to idcntity ways in which we can provid¢ a greal¢r service to th¢ ¢ommunity in which it is siated. Although iheTe has becn an irnpaci on our activities since March 2020 the church has continued to Provide public benefit in numerotss ways which include the following activities= . Jublees - is a Mother and Toddler group which is attended by mothers and faihers from the local community who do not attL'nd the church. Jublees raT2 With a r¢duced capacity and pre-bLN)king wuirement to manage numbers allcnding unlil April 2022 wh¢n r¢strictions werc rcmovcd DebtS¢Ape Shepperton our debt advi50ry scfviLC, pfovLded debt advice to the community in whiLh the churLh is siluaicd, Debts¢ape Closed on 31 st Othober 2021. The Alpha courses - These enable non-bclievers or those on the threshold of faith to learn aboul issues of faith and iv bring their own question% and voice thcir personal concerns in a non-threalening atmospher¢. No courses were in 2024. Oak Trtt Café - ThL church runs 8 weekly small 8roup for those with will bcing issues. 11 is open to anyone in the local community. BAgs of Food - Th¢ ihurch runs a food bank projecl called Bags of Food. This involves pr4)viding people, predominanily familie5, who are in need wilh bags of food and hy¥i¢nL ilcms. This has escalated since the Covid-19 pandemic and we have taken r¢5ponsibility for th¢ TW17 poslLode. The local cominuniiy has SUPPOrtcd this project with significant and r¢gular donations (of boih food and finances) tIoUghOut the Covid 19 pandemic and now cost of living crisis. B•gi of Chr151nMs - The church has a Christmas Hamper project. Sinc¢ 2020 this has been rebnded as Bags of Chrislmas to run alongside Bags of Food. In December 2024 the church gave boxes to About 60 hous¢holds in nd in the local Communily. these contained food supplies as well as other Chri?ptmas trcats. We were given f(N)d by local Schools, m¢mbcrs of the church and the community. Local bsIneseS also supplied some donations of food and financi81 support. Bregd ¢Afe - During 2024. arising out of ihe kindne55 of the Cavan Bakcry who kindly donate sU1S bread and cakes for collection and distribution at the Fo(Kl Bank, the church started the Bread Café. & new vennwe to support people who are lonely and isolated with refreshm¢n15 and an oprM)rtunily lo come and chat. The Iruslee confirm that ihey have complicd wilh the requiretnents of section 17 of the Chariti¢s Aci 2011 to have due regard to the public benefit guidance publishcd by the ChaTily Conlmission for England and Wales. Objeetlves and ctlvltie5 Objects ottd ainrs During Ihe lasl year, Ihe church has continued to fulfil the objectives of the charily. which are: Pabye 3
Jubllee Chllreh Shepperton Trustee's Report (continued) to advance the Christian Religion by proclaiming the 805pel of God and His Son, the Lord Jesus Christ. and to PTeach and leach the Christian Faith, to relieve pov¢ty, hardsbip. and distress in such matter as the Trustees shall from time to ¢ime decide. to advance education whetheT of childr¢n (above or b¢low compulsory school age) or of adults. Slgnifieant actlvlties Thes¢ objectives have been achi¢v¢d by holding regular weekly worship services on Sunday mornings. Small group m¢etin8s tske plac¢ rnid-wcek. some 8roups meei online whil¢ others meet in person. These give members of ihe chw¢h opportunilies to worship God and to be taughi the Chrislian faiih. The pn)clamalAon of the Gospel to non-b¢li¢vers has been undertaken through the church services. srnall group ineetings, outreach evenrs including a progrnmme of social action and. in particulilr. thi()ugh the mcdium of Alpha courses. Alpha courses enable non-believers. or those on the threshold of faith. l() IL'tirn about i%.SULS of faith and io bring their own questions and voice iheir personal ronr¢rns in a non-lhrcalening aimosphere. Bags of Food. has been a Significant activity within the local community sin¢e 2020. There are currently three small group5. which giv¢ opportunity for members to explore faith further. to develop closer T¢lalionships wiihin the church and to provide anothLY forum throu8h which io introduce non£hristl8n fn'ends lo the Gpe1. One of these is for young people. During the last year. the church has continued its activities within ihe local community. The Mother and Toddler group (Jublees) that rutts one morning a week at The Jubilec Ccntrc is managed by one of our church mernbers who is a primary school leacher. The church runs a supwrt group for thth%e with well being issues (Oak Tree Café) and this is open to anyone in the local L'ommiuiity. Th¢ chuTch has a Chrism$ Hamper project (Bags of Chrislma5). in December 2024 the church gave boxes lo about 60 houscholds in need in the local community. We were giv¢n Chri5tma% food and luxuries by members of the ¢hvrch. the local community and local schools. Local businesses also suppli¢d some donations of food and money. The boxes consisted of Christmas food and luxuri¢s whiLh the recipienis may not have been abl¢ to afford. The reuipicnts were moinly relerrals from Bags of Food and local slhools. Since March 2020 our Bags of Food pro]LYt has served as the food bank for the TW17 ar¢a. Thiy involv¢% giving people. prcdominantly familie¥ who are in need bags of foLKI. Trood is collected and delivered on weekly basis with volunteer5 SQrtinLt and PaLking during the we¢k, Food is given by membeT5 of the churt.h as w¢ll as Ihe local community with voluTJtL*r% coming frovn within th¢ communiry as well as thL' church. A local bakL'ry a150 donates their leftover goods onc day a week. Since the beginning of the Covid-19 pandcmic, we have seen increased denund and support for this servi¢¢. This demand is now continuing through the cost of living crisis. Bags of Food receives refeTrals from local schools, job cenlres, social services and other agencies. We have also Teceiv¢d support in tern)5 of donalions of food. money and time from ihe local community. l(Kal groups and businc55es which has ¢nablcd us lo proTride ftiod and hygiene items lo thos¢ in ftec From January to Mgrch 2024 we ran a Warrn Hub in the Jubilee Cenire. Tbe lounge w85 open for 3 hour5 once a week and was op¢n lo anyone in the lo¢al community. During 2024. arisins out of the kindncss of the Cavan Bakery who kindly donate surplus bread and cakes for collection and distribution al the Food Bank. the church continued th¢ Bread Café, a n¢w venlure 10 SUPPOrt local people who are lonely and isolated with refreshments and an opportunity io com¢ and chat. In May 2024 Keiih Sa)Ir was appoint¢d as lead elder and the houtb were increas¢d to 40 per week. Page 4
Jubilee Church Shepperton Trustee's Report (continued) Aehlevements Vdnd performance Jubilee Church sheprtOn continues with all the nornial church arliviltes as well as those listed a5 benefils lo the Community. The Mother and Toddler group (Jublees) continu¢s to Ihrivc. Oak Tree Café ha5 grown and usually has 15 to 20 attendees each week. The church has a Chrislmas Hamper project (Bags of Christmas). in Dccember 2024 ihe church gave boxcs lo about 60 houschold5 in need in the Incal community. The Bags of Food project has been very 5u¢cessful in meeting the need% of people and prcdominantly families who are in need in the local community by giving them bags of food.. The Elders are ajways looking for new projects that will benefit ihe conthunity. particularly wher¢ social justice is involv¢d. Fin*nelal revle The largesl item of expenditUTe ¢onTinues to be Ministry expense4. and Ihese includ¢ gifts to visiting preachers. Expenditwc. ()n Minislry fccs this year has bc¢n £108.621 (47.3n/o) of the church's unrcstricted incomL'. mainly salaries foT ihr Lead Elder {Mr D Webb-Peplocl ano Children's Work Coordinator (Mrs J Jones). Although Jo Jones left during th¢ year sevcrnl of these stoppcd during the year. The heading 'Missionary and charitable giving. showy £24.450170/0) of the church's unrL'%tricted income was viven 10 other or¥anisations and individuals for the r¢li¢f of povcrty. The resiricted ndS under the h¢ading 'Missionary and wider gifts, are specific 8ifLs, which have been given in support of other charities and individuals. The only recipienls of the unrestricted gills. were Commission. Commission i¥ a family of churches in Ihe UK and oihci nalions led by Guy Miller and his Icam. It is pas%ioTJate aboui planting Lhur¢h¢s, equippin the Sainis. Irdining lead¢rs, reaching the unreached and caring for thL poor witb whicb thc charity is assoLialcd, and which helps the development of like-minded chur¢hes throughout the world. Tk premises continues to be a shared facility with Thamesmead School, which is using the main hall &5 a drdma fa¢ility during t•¢hool lime. in rcturn for which thc 14ind is leased to the charity Ai a nominal rent and wc continue 10 be able to use the school classrooms rent-free on Sundays. In addition. to minimise cos15 and risks &ssocialed with the buildTng project, Ihc Trust appoinled JubilLe Centre Developm¢Trls Limited {"JCDL") as Ihe development company to deliver the completed project to the Trust. This ¢ompany is limited by ¥hare capitsl and registered in England and WalLs. MT D Webb-Peploe is the only director and shareholder. This company 1% no longer trading, having fuifillcd 115 purpose and conlracl to thc Trust. The ehurch also has a further Jccouni known a5 New Covenant Trust. This aciounl is for the bcnefil of the members if and when ihey face tinancial hard4hTP. It is not a trust tiind and is nol rclaled to the churL.h's trust funds. and accoTd7ngly. has not been included in these accounts Policy on elveS Th¢ ler¥ns of the Trust Deed allow the Trustees to invest rnonies in stucks and sharc¥ ()r other investmcnls or prop¢rty. Aliernalively. the monies may be lefl inve8ted on deposit al a bar a5 the Trustees see fil. ThL major ource of monies ihal the church has had al it5 disposal lo invest during the last year has been the general fund5. In thes¢ circumstances the Trnslecs have invested the money in a depo4it account whieh Currently gives the best rate practical opeTations. The church's income reserves policy is lo &irn to have £IO.000 of general funds available to mcei curreni needs. Al ihe cnd of the re)rtirt period Ihe church had £60,466 in unrestricted funds. In addilion. the church had r¢stricted ftmds totalling £509,940 consisting of the biiilding fund of £456,789 the Bags of Foud nd or £53,042 and th¢ Christmas Hampers fund (Bag5 ()f Chrisimas) of £109. Pag¢ 5
Jubilee Church Shepperton Trustee's Report (continued) StatenDent of Trustee's Responsibllltles Thc trustee is rcsponsible for preparing the trustee'5 report and thc financial statetnents in accordance with the Unitcd Kingdom Accouniing Standards IUnit¢d Kirtgdom Generally Accepted Accounting PTac¢ice) and applicable law and regulations. The law applicable to charities requirts the trusteL' lo prepare finaftcial statemcnts for each financial year which give a true and fair view of the stste of affairs of the charity and of th¢ incomins resources 2nd applicalion of resourc¢5 01- the charity for that period. In preparing these financial statements. the member is requircd to: seleci suiL8ble occounting wlicies and then apply them corj5lStenily' observe the meihods and principles in the Charities SORP: nuke judgements and estialeS ihat are reasonable and prudent. State wheih¢r applicable accounting standards have been followed, subjccl 10 any rnaierial departures disc105¢d and explained in the finanLial statements; and prepore the finala] statemenls un Ihe going concern basis unless il is inappropriate to pr¢sume that the Iharity will continue in business. The m¢mbcr is responsible for keeping proper acLounlin8 records that disclose with reaqonable accuracy at any time lh¢ financial position of th¢ charity and enable them lu Lnsure that the financial stateinents comply with the Ch&rilie5 Act 2011. thL. Charities (Accounts and Report5) Regulation% 2008. and the provtsi()ns of thL con8litulion. The membL'r is also rtsponsible for safeguarding ihe asyL't% of ihe Lharity and h¢nce for takin rca%onable steps for the prevention and detection of fraud and oiher irrebrularities. The trustee is responsible for the rnaintenanL'L and integrity of the corporate and financial informaiion included on ihe charitsbl¢ company's website. Legislalion governing the preparation and dissemination of financial statement5 may differ from legislalion in other jurisdictions. Approved by the member of the chariry on l O December 2025 and signed on lis behalf by: Trustee rlo &F @f ftrL1 Page 6
Jubilee Church Shepperton Independent Examiner's Report to the trustee of Jubilee Church Shepperton I report to the Irustee on my ¢xaminalion of the accounts of Jubilee Church Shepperton for the year ended 31 D¢be[ 2024. Reswnsibilities and basls of reporl As th¢ charity tTU$tee of Jubilee Church Shepperton you are responsible for thc preparation of the account5 in accordance with the rcquirements of the Chariiies Act 20111'th2 Act.). r¢port in rcspcct of my examination of the Jubilee Church Sh¢pperton's accounts carried out under section 145 of th¢ 2011 Act anql in carying out my examination I have followed all thc applicable Directions given by the Charity Commission und¥r tIOn 145{5)(b) of ihe Act. Independent WArniner's sttement I have eoinpleled my exarnination. I confirm that no material matters have come to my attention in L'onncction wilh Ihe examination givTn¥ mc Luu5c io believe thal in any maiertal respect: accounting r¢cord5 were not kept in respecl of Jubilee Church Shepperton as required by scclion 130 of the Act; or 2. the accounts do not accord with Ihosc records. or 3. the accounts do nol comply with the aecounliiig requirements concernin&p the forni and c()nlL'nt of accounts 5¢t out in the Charilils {Accounts and Reports) Regulations 2008 other than any T¢quirL'mL'nt that the arcounls glve a 'lrue and fair Vie whieh is not a maner considered ab part of an indcpcndL'nt ¢xamination. I havc no concerns and have come across no other matters in conncclion with the examination to which 8ft¢niion should be drawn in Ihis report in order lo enabl¢ a pr(?pcr understanding of the accounls to be reached. L A Evans Bsc FCA Stewart & Co Chartered ALLountanls LLP Knoll House Knoll Road Camberley Surrey (iU15 3SY 10 December 2025 Pag¢ 7
Jubllee Church Shepperton Statement of Fillancial Activities for the Year Ended 31 December 2024 Unrestri¢ted funds Reslrlcted funds Total 2024 Note Income and Endowments from: Donations and leLacics Other trading activitie Invesiment income Other in¢ome 90.489 7,576 1.043 401 20.712 111,201 7.576 1,043 401 Total incom 99,509 20,712 120,221 Expenditure on: Chariiable aciiviti¢s (113.195) 133.028) (146,223) Total expenditur¢ {113.195) (33,028) (146.223) Nl expenditure Net nN)vemcnt in funds (13.686) {12.316) (26.002) (13.686) (12,316) {26.002 Reconciliation of funds Total funds brought forward 74.152 522.256 596,408 Total funds carried forward 6(1.466 Unrestrltted funds 509.940 Reslrlcted funds 570.406 Totxl 2023 Note Ineon* and Endowments from: Donations and legacies Charilable aclivitie8 other trading activities Investment ineome Other incom¢ 110.3119 56.228 166,617 140 8.811 8,811 3,848 3.848 Tolal incom¢ 123.489 56.368 179,857 Expendlture on: Charitable activities (92,917) 130.862 (123.779) Total expenditure (92,917) {30.862) (123.779) Net incom¢ 30,572 25.506 56,078 Net movement in funds 30.572 25.506 56,078 Reeonelllatloo of funds Tatal funds brought forward Tolal fund5 carried forward 43.580 496.750 540,330 18 74.152 522,256 596.408 All of the charity's activities derive trom continLLing operations during the above two p¢riods. The funds brcakdown for 2023 is shown in note 18. The noies on pages l 0 10 19 forn] an integral part of these financial statements. Pag¢ 8
Jubijee Church Shepperton (Registration number: 1023505) BAlance Sheet as at 31 December 2024 2024 2023 Note Fixed 9s$els Tangible assets 4711.929 477.485 Current assets Debtors Cash al bank and in hat)d 16 799 100,579 795 123.551 101,378 124.346 Creditors: Amounts flllng due wlthlD one year Net eurrenl s¥eti 17 (9.901 } 15.423 91.477 118.923 Net assets 570.406 596,40 Funds of Ihe eh*rity: Restrleted Income fund5 Reslricled funds 509.940 522.256 Unrestrlcted income fundi Unresiricied funds 60,466 74,152 Tot funds 18 570,406 596,408 The financial sthlemcnts on pages 8 to 19 were approved by the , and authorised for issue on l O Deccrnber 2025 and signed on his bchaifby: f20(yF@i FfLY The notes on pages l O to 19 forn) an integral part of ihese financial statement5. Pa9
Jubilee Church Shepperton Notes to the Yinanclal Statements for the Year Ended 31 December 2024 l Aeeountlng polficles St2tement olcompli*nte The financial slalements have becn prep8red in accordance wilh the second edition of ihe Charities Staiemeni of Recommended Praclice issucd in October 2019. the Financial Reporting Stsndard applicable in the United KingdoTn and Republic of Ireland (FRS 102) and the Charities Act 2011. Basis of preparallon Jubilee ChurL'h Shcpperton meets the definilion of a public benefit entity under FRS 102. The accounts (financial stAtcments) have been prepared under the historical cost convL'nlion with itcms reLogniscd at cosl or transaction value unless oiherwise staled in ihe relevani notels) io thes¢ accounts. Golng concern The trustee consider Ihal there are no mat¢rial uncertaintie5 alx)ul the charity's ability lo conlinue as a going concern. Income Vdnd endowments Voluniary inconie including donations gifts. Icgacies and 8r8nts that provide ¢or¢ fimding or are of a general nare is recognised when the charity has enlitlemcnt to the income. li is probable that the income will be received and th¢ amount can be measured wilh sulTJ¢ient reliability. Don4llons and lexa¢les Donarions and legacies are r¢eognised on & rc¢'civable basis when receipt is probable athl the amount ¢an be reliably measured. Inveslmenl w¢om¢ Dividends are recognised once the dividend has been declared and notification has been received of the dividend due. Expendlture All expenditur¢ is recognised once ther¢ is & l¢gal or conslruclive obli8alion to thal expenditure, it 15 probable settlement is required and the amount can be measured reliably. All costs are allocated to ihe applicable expendilure heading thal aggreBaie sirnilar costs to that category. Wh¢r¢ costs cannot be dircctly attributed to particulai hadings they havc been allocated on a basis consistent with the use ot. resources. with centrdl slat7. Osts allocated on thc b15 of lime speni, and depreciation charges allocated on the portion ot the asxet's use. Other support costs are allocated based on the spread of staff costs. Chan'table 41'livilie Charitsble expenditure comprises those costs incurred by the chariry in the delivery of its activities and [vICeS for it% beneficiaries. It includes both costs ihat can be allocated directly lo such activities and those cosLs of an indirect naturc necessary 10 suppon them. Page 10
Jubilee Church Shepperton Notes to the Financial Statements for the Year Ended 31 December 2024 (continued) Taxatlon Thc chaTIty 15 COtt5idered to pas5 Ihc tes15 set oul in Paragraph I Schedule 6 ot. the Finance A¢1 2010 and therefore it meets the definition of a charilable company for UK corporation tax purposes. Accordingly. the charity 15 polenlially exempt from taxation in respect of incorne or capital gains rec¢ived within ¢ategories Lover¢d by ChapteT 3 Part I l of the CoTporation Tax Act 201 O or Section 256 of the Taxation of Chargeable C'iains Act 1992. to th¢ ¢xt¢nt that such incomc or gains are applied cxclu5ively to chaTitable purposes. Tanglble fixed assets Individual fixed assets costing £ I.000.00 or more are initially recorded at ¢o%L less any subscquent accumulated depreciation and stsbsequenl 8ccumulaled impairnieni losscs. Depreclatlon and Imortlsatlon Deprecialion is provided on IAngible fixed assets so as to write otT the cost or valualion, Ics$ any Lsiimotcd residual value. over their expecled useful economic life as follows.. Asset class Leabehold propcrty Fitlings and cquipmcnl Solar pan¢ls Depreeistlon method and rate 20/0 cost 21V/o on c051 straight line over 15 yea Cash 4nd c45h equlvalents Cash thnd cash cquivalenis comprise cash on hand and call dcposits. and olhcr short-terni highly liquid invesimenls thal are readily convertible to a known amounl of ca%h and are subject lo an insilficant risk ol. change in value. Fund #trueture UTJrestri¢l¢d income fund5 are general funds that are available for use at the trustee discrelton in furthcranLc or th¢ obj¢ctiV¢s of the charity. Re5tTiclcd fund% Lan only b¢ u%¢d lor particular restricted purposes wilhin Ihe objecis of the chariry. Resirictions arisc wh¢n sp¢Lif)cd by the donor or funds are raised for panicular reslricied PUTPOS¢$, Pensions And other post retlrement obllgstlons The charity operales a defined contribution p¢nsion bcheme. Contributions payable for the yvdr are ¢hirged to the SOFA in the period io which th¢y relat¢. Pag¢ 11
Jubilee Church Shepperton Notes to the FiJ)anelg1 Statements for the Year Ended 31 December 2024 (continued) 2 Income Irom doH8lions and legacies Unrestricted funds Generll Restricted funds Total 2024 Total 2023 Donations and ILgacies' Oflcrings and gifts Incomc lax recov¢rdble Special collections and sllPPOrt 79.624 10.865 79.624 10.865 20.712 89,721 20,668 56.228 20,712 90,489 20.712 111,201 166.617 In 2023 £56.228 of dvnalion incomc lanalysed lo spccial collections and support) related 10 restricted funds. 3 In¢ome Irtsm tharltable #ctlvlties Total 2024 Tolal 2023 Children's Theatre Groiip (Themba) 140 In 2023, £140 of income from charitable activities related to restriclcd funds. 4 Investn]ent ineon Unrestrieted fund$ General Total 2024 Total 2023 Interest receivable and similar income: Interest receivablL' on bank dcrA)5ilS 1,043 1,04. 441 In the prior year. all of the inve51menl incomc relaied io unrestricted funds. 5 Other Inrome Unre5tActed funds General TotAI funds Solar panel- Fecd-in tariff Total for 2024 401 401 In the prior year. all of ihe othcr income related to unreStriCtL funds. Page 12
Jubilee Church Shepperton Notes to the Financial Statements for the Year Ended 31 December 2024 (continued) 6 Expendlture on charit•blc activitie$ By Fund Unrestrlct fund5 General Re$lrlcted funds Total 2024 Total 2023 Nole Missionary and charitable giving Provision of debt advisory service Ministry Activiti¢s 8,315 16.135 24.450 21.247 384 95.IU7 9,389 384 108,621 12.768 3.625 87.951 l Q.956 13,514 .3,379 113.195 33.028 146.223 123.779 In 2023, £30,862 of IhL lolal expenditure on charitable aclivilies related to rcstrictcd funds. y Aeftvity Aetlvlty undertAken dlrcctly Aetlvltv support eosts Total expendlture Missionary and charitable giving Provision of debt advlsory Service Minislry Aclivit1¢8 23.856 338 52,008 594 46 56.613 12.768 24,450 384 108,621 12,768 Tollll for 2024 76.202 70.021 146,223 7 Analvsls of direct expendlture on mlsslonary aod charltable glvfing Vnrestrkted funds Generil Restricted funds Total 2024 Tot41 2023 Commission Mission Special collections and individual support 6.672 180 7.721 7.721 16.135 16.135 13,829 7.721 16.135 23.856 20.681 In 2023. £13.829 of ihe expendiluTe on missionary and charitable giving relaled lo resiri¢t¢d funds. Page13
Jllbilee Church Shepperton Notes to the Flnaneial Statements for the Year Ended 31 December 2024 (continued) 7.1 Analysis of donr4tions paid Anslysis Donation5 10 institutioms Donations to individu•lJ Total Charilable giving RcliLf ofpov¢rty 24.247 24.247 24,247 24.247 8 Anlysis bf dirett txpenditure on rninistry Unrestrlcted runds General Tot1 2024 Total 2023 Tru5t¢¢s' r¢mun¢ralion TNsiees' pension costs Wagy¢¥ dnd salarics Pension costs Telephone Young people and children Guest PreachcTS &TKI AposTrtolic Oversight m1¢113¢0S p&storal Publicity and web5iie 34,721 3.351 34,721 3,351 25.798 6.295 504 745 4.359 41M 458 965 10,196 437 1,825 513 965 10,196 437 ,825 513 52,008 52.IK)8 41,898 9 AnIlyS of direct exp¢lldlturf on actlvltles Total 2024 Total 2023 C'hildren's. Theatre Group {Themba) 140 In 2023. £140 of the expenditure on activities related lo restricted funds. Pa8e 14
Jubilee Church Shepperton Note5 to the Financial Statements for the Year Ended 3 l December 2024 (contlnued) 10 Analysis of support eosts Missionary and charitsble giving Provision of debt 5¢rvi¢¢ Totsl 2024 Total 2023 Ministry Artlvltles Heal, lighi, power and water 13.630 5.002 3,407 1.250 17,037 6.252 18,536 1.462 Insurance Building mainlenancc and service conlracl% Equipment mainienance and renewals Clcaning DcprLLialion of tangiblg f)xed assets Prinlin8. photocopying and stationery IT ¥ubsL'ripiions and sundries 9,025 2.256 1.281 3.5(M 213 7,997 5,020 ,255 6.275 15.300 3.825 19.125 18.668 5,485 5.485 957 ,786 53,462 11,993 65,455 53.123 Gowrllance CMIT Accountancy Independenl examiner'5 fee 326 25 1.731 426 2,508 2.394 268 21 1.420 349 2.058 1.962 594 46 3.151 775 4,566 4.356 594 46 56.613 12.768 70.021 57.479 Of these support costs. £16.893 (2023: £16.893) in relation lo depreciation of tangible a5se¢s 14 re%triclcd expenditur¢. J l Nel IncolgloUtE0Ing resources Net (ouigoing)lincoming resource5 for the year includc.. 2024 2023 D¢pre¢iation of fixed Trusiees, remuneraiion TnL$tS, pemion costs (defined contribulion srh¢m¢) Ind¢p¢nd¢nt examiner's fe¢ Accouniancy seiceS 18,903 34.721 3.351 2,058 2,508 18,668 25,798 1,962 2.394 Page 15
Jubllee Church Shepperton Notes to the Financial Statements for the Ye8r Ended 31 December 2024 (continued) 12 Trustee remunerallon And expenses David Webb-Peploe. a TNstee. received no reimburscd expenses in ¢iih¢r year. Ills wife Ruth Webb-Peploe rLYeivcd panentS totalling £2,113 (2023: £2,113) in resp¢ct of running the mother and toddler group. Jo Jones, a Truslcc, was not reimbursed any eXpelS {2023: £nil). No other Trustecs hav¢ been reimbursed in respect of mileage expenses during 2024 or 2023. 13 Staff eosls The aggre8aie payroll cosls were as follows: 2024 2023 Statf costs during the year were: Wages and salaries Pension costs 34.721 3.351 32,093 2.568 38.072 34.661 Particulars of employffs: The average number of employees during the year was as follows: 2024 2023 No Mintstry Treasurer Children's work Contributions to th¢ employee pension schemes for the year toialled £2,868 (2023 £Nil) . All of the contribution5 arc allocatcd to ministry costs and r¢lat¢ to unrestrieted funds. No employee received emoluments of more Ihan £60,000 during ihe year Amount5 paid or b¢ncfl¢ value 2024 2023 Remuneration Penslon contributlon TOTAL TOTAL Nan of tru$t lgal •utborlty Deed of tst Mr D Webb-Peploe Mr K SaOr Mrs J Jones 8.314 Deed of trL 28,689 6.032 2,868 31,557 483 6,515 19.548 Deed of inLSt 19.548 Mr K Saynor is remunerdled for his work as pastor. Mrs Jo Jones re1ved h¢r salary for hcr work a5 our Lhildren's Work Coordinator. Page 16
Jubilee Church Shepperton Note5 to the Financial Statements for the Year Ended 31 December 2024 (continued) 14 Taxatlon The charity is a regislered charity and is therefore exempt from taxation. IS TAnglble fixed assets Lydnd and buildings Furnltllre and equlpmeftt Sol#r panels Total Cost At l January 2024 Additions 844.649 19,978 3.665 591 15.635 863,949 20,569 Ai 31 December 2024 864,627 4.256 15.635 114.518 Deprttiatlo Al l January 2024 Charge for the year 370.967 17.293 2,993 790 12,504 1.042 386,464 19.125 At 31 December 2024 388,260 3.783 13,546 405.589 Net book value At 31 De¢ember 2Q24 476,367 473 2,089 478,929 Ai 31 December 2023 473,682 672 3,131 477,485 16 Debtors 2024 2023 Prepaym¢nL% Other debtor 299 500 295 500 799 795 17 CredltOTS: anwunts lalllng due wlthln one yeir 2024 2023 Other taxation and social security Other creditors ACCnlS 1.948 3.387 4.566 1,067 4,356 9.901 5,423 Page 17
Jubilee Church Shepperton Notes to the Financial Statements for the Year Ended 31 December 2024 (contlnued) 18 Funds Balance v4t 31 December 2024 Balance gt I Janu4rv 2024 Incoming rcsources Resources expended Unrestricled funds General funds 74,152 99.509 {113.195) (113.195) 60.466 74.152 99.509 60,466 Restrltted Building Ba¥¥ of Food Food Hampers 473,082 48.465 IU9 (16.893) (16,135) 456.789 53.042 109 20.712 522.256 20.712 133.0281 509.940 Tot*1 funds 596.408 57(1,406 Balante at 31 December 2023 Balance it I January 2023 Incomlng resour¢e5 Re50uree5 expended Unre5trlcled funds Gener&1 funds 43.580 123,489 (92.917) 74.152 Reslricled Fmnds Building Fund Bags of Food Food Hampcrs Thcmba 490,575 6,066 (16,893 (13.829) 473.682 48,465 109 56.228 140 (1401 {30,862) 496.750 56.368 522,256 Tot81 funds 540.330 179,857 123.779 596.408 UnTesirictcd fibnds Unrestricted funds are available to be spent for any of the purposes of thc chariiy. RestTI 'led funds The ie5tricted "Building" fund is made up of collections received from members of Ihe ¢hurL.h for the purpos¢ of building the Jubilee Ceotre. The r¢slricied -Ba of Food" and "Food Hampers" fifftds represenl amounts donated by mcmbers of the church in ordcr to supply food to families in necd. The restriLied 'YhLmba" fund represcnt% amounts donaied for the purposL of supporting the Themba Theaire run al Jubilee ChuT¢h. Themba ceased lo be a part of Jubilee Church from 0110912022. Page 18
Jubilee Church Shepperton Notes to the Financial Statements for the Yefir Ended 31 December 2024 (continued) 19 Analysis of net assets belwcen funds Unrestrleted funds General Total funds at 3] December 2024 Restricted funds Tangible fixed ass¢ts Current assets c.urrent liabilttie 22,140 48,227 (9.901) 456.789 53,151 478,929 101.378 (9.901) Total n¢t as5et5 60,466 509.940 570,406 UnrtrIcted funds General Total fllnds at 31 December 2023 R¢strieted funds Tan¥ibl¢ fixed a55ets CuTTeni assets Current liabilities 3.803 75.772 {5.4231 473.6112 48,574 477.485 124.346 (5,423 Total net asseLs 74.152 522.256 596,408 20 Anatys15 of net funds At31 December 2024 At l Janury Flnanting csb 2024 Cath at bank and in hand 123,551 (22.9721 l (K),579 123,551 (22.972) l (K).579 At31 December 2023 At l January 2023 Financing Cash Ilows Cash at bank 46.324 77.227 123.551 46.324 77.227 123.551 Pa¥e 19