REGISTERED COMPANY NUMBER: 03771163 (England and Wales) REGISTERED CHARITY IYUMBER: 1076048 Report of the Trustees and Unaudited Financial Statements for the Year Ended 31st March 2024 for The Jubilee Centre (Limited by Guaraiitee) Charlton Baker Limited 1st Floor 130 High Street Marlborough WiltshiTe SN8 ILZ
The Jubilee Centre (Limited by Guarantee) Contents of the Flnanclal Ststements for the Year Ended 31sl March 2024 Page Report of the Trustees Independent Examiner's Report Statement of Financial Aclivities Balance Sheet Notes to the Finaneial Statements 6 to 10 Delailed Statement of Financial Activities
The Jubilee Centre (Limited by Guarantee) Report of the Trustees for the Year Ended 31st March 2024 The Irustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of th¢ charity for the year ended 31 si M<irch 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Siai¢ment of Recommended Practice applicable to charities Preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (¢ffective l January 2019). OWF.CTIVES AND ACTIVITIES Objectives and Aims The main objectives and aims of the chariry are to provide Day Care facilities to the elderly of the Kennet districl and also Drop-in tacilities for the mure able over-60s. ACHIEVEMENT AND PERFORMANCE Charitable activities 'fhe trustees ar¢ pleased with the achievement of th¢ charity activities for the period, despite the challenging operating conditions. FINANCIAL REVIEW Princip21 funding sources The principal funding source is from the members. Applicalion for grants can also be made. Overall the charity has experienced a good year and hopes it will continue to do so next year. Reserves policy The trustees would like to maintain Teserves of three months running costs. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing document, a deed of trusl and constitutes a limited company, limit¢d by guarantee, as defined by the Companies Act 2006. Recruitment and appointm¢nt ofnew truslees New trustees are appointed at the AGM if necessary. Related parties There were no related party transactions to report. REFERENCE AIYD ADMINISTRATIVE DETAILS Registered Company number 03771163 (Lngland and Wales) Registered Charity number 1076048 Registered office 28 Eligh Street Marlborough Wiltshire SN81LW Truslees D H Snape Treasurer (resigned 211712023) J A Kirk Wilson Mrs S A Wolfenden Page I
The Jubilee Centre (Limited by Guarantee) Report of the Trustees for the Year Ended 31st March 2024 REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner Charlton Baker Limited 1st Floor 130 High Street Marlborough Wiltshire SN8 ILZ Approved by order of the board of trustees on 30th December 2024 and signed on its behalf by.. Mrs S A Wolfenden - Trust¢¢ Page 2
Independent Examiner's Report lo the Trustees of The Jubilee Centre Independent examiner's report to the trustees of The Jubilee Centr¢ ('the Company,) report to the charity irustees on my examination of the accounts of the Company for the year ended 31 st March 2024. Responsibilities and basis of report As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparalion of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act,). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 201 l Act,). In Carrying out my examination I have followed the Directions given by the Charity Cornmission under Section 145(5) (b} of the 2011 Act. Independenl examiner's statement I have completed my examination. I confinn ihat no matters have come to my attention in connection with the examination giving me cause to believe: accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act. or the accounts do not accord with those records; or the account5 do not Comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair vi¢w which is not a matter considered as part of an ind¢p¢ndent examination. or the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by Charities (appltcable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). I have no concerns and have come across no other matters in connection with the examination to which altenlion should be drawn An this report in order to enable a proper understanding of the accounts to be reached. APKing Charlton Baker Limited I st Floor 130 High Street Marlborough Wiltshire SN8 ILZ 30th December 2024 Page 3
The Jubilee Centre {Limited by Guarantee) ststement of Financial Activities for the Year Ended 31st March 2024 31.3.24 i¥ Unrestricted fund ,Total funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 7.281 Other trading activities Investment income Other income 48,998 1,391 p 34,128 241 31.606 Total 57.670 EXPENDITURE ON Charitable activities Centre activities 67,276 IYET INCOMEI(EXPENDITURE) (9,606),., RECONCILIATION OF FUNDS Total funds brought fonvard 83.330 :.*.' TOTAL FUNDS CARRIED FORWARD 73,724 83,330 The note5 forni part of these financial statements Page 4
The Jubilee Centre {Limited by Guarantee) Balance Sheet 31st March 2024 31.3.24 Unrestricted fijnd Notes CURRENT ASSETS Debtors Cash at bank 74,564 74,564 CREDITORS Amounts falling due within one year (840) -1 (866) NET CURRENT ASSETS 73,724 TOTAL ASSETS LESS CURRENT LIABILITIES 73,724 -831330 NET ASSETS 73,724 FUNDS Unrestricted funds io 73,724 TOTAL FUNDS 73,724 The charitable company is ¢ntitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 st March 2024. The members have not required the company to obtain an audit of its finanLial statements for the year ended 31 st March 2024 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibililies for (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and preparing financial statements which give a true and fair view of th¢ stale of affairs of the charitable company as at the end of each financial year and of Its surplus or d¢ficit for each financial y¢ar in accordance with the r¢quirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements. so far as applicable to the charitable company. (b) These financial statement5 have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on 30th December 2024 and were signed on its behalf by.. S A Wolfenden - Truste The notes fonn part of these financial statements Page 5
The Jubilee Centre (Limiled by Guar#nlee) Notes to the Financial Statements for the Year Ended 31st March 2024 ACCOUNTJNG POLICIES Basis of preparing the financial statements The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Stalemenl of Recommended Practice applicable to charities preparing their accounts in ac¢ordan¢e with the Financial Reporting Standard applicable in the UK and Republtc of Ireland (FRS 102) {effective l January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. Ineome All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds. it is probable thal the income will be received and the amount can be measured reliably. Expendilure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure. it is probable that a transfer of ecoiiomic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Wh¢re costs cannot be directly attributed to particular headings they have been allocated to actlvities on a basis consistent with the use of resources. Taxation The charity is exempt from corporation tax on its charitable activities. Fund aecounling Uiirestricted funds can be used in accordance with the charitable objectives at the discretFon of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when ndS are raised for particular restricted purposes. Furth¢r explanation of the nature and purpose of each fund is included in the notes to th¢ financial statements. Hlre purchase and leasing commitments Rentals paid under operating leases are charged to the Ststement of Financial Activities on a straight line basi5 over the period of the lease. OTHER TRADING ACTIVITIES 31.3.24 Day care Drop in Meals on wheels Donation for use of amenities 32,645 5,242 .25 48,998 continued..
The Jubilee Centre (Llmlted by Cuarantee) Notes to the Financial Stalements- continued for the Year Ended 31st Mareh 2024 INVESTMENT INCOME 31.3.24 Deposit account interest 1,391 ET INCOMEI(EXPENDITURE) Net incomel(expenditure) is stated after chargil](CredItIng)'. 31.3.24 Other operating leases 1,755 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 3 1st March 2024 nor for the year ended 3 1st March 2023. Trustees, expenses 'I'here were no 3 1st March 2023. trustees, expens¢s paid for the year ended 31st March 2024 nor for the year ended STAFF COSTS The average monthly number of employees during the year was as follows.. 31.3.24 Manager Cook Support staff No employees r¢¢eived emoluments in excess of £60,000. COMPARATIVES FOR THE STATEMEIYT OF FINANCIAL ACTIVITIES Unrestricted fund INCOME AND ENDOWMENTS FROM Donations and legacies 8,974 Other trading activities Investm¢nt income Other iT]come 34,128 241 31,606 Total 74.949 EXPENDITUR V ON Charilable activities Cenlre activities 63.518 Page 7 continued...
The Jubilee Centre (Limited by Guarantee) Notes to the Financial Statements - continued for the Year Ended 31st March 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued Unrestricted fund NET INCOME 11,431 RECONCILIATION OF FUNDS Total funds brought forward 71,899 TOTAL FUNDS CARRIED FORWARD 83,330 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.24 ' r-.4:-:' Prepayments and accrued income 156 CREDITORS: AMOUIYTS FALLING DUE WITHIN ONE YEAR 31.3.24 Oth¢r creditors Alcrued expenses 116 840 10. MOVEMENT IN FUNDS Net movement in funds At 31.3.24 At 1.4.23 Unrestricted funds General fund 83,330 (9,606) 73,724 TOTAL FUNDS 83,330 (9,606) 73,724 Net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds General fund 57,670 (67,276) (9,606) TOTAL FUNDS 57,670 (67,276) (9,606) Page 8 continued...
The Jubilee Centre (Limited by Guarantee) Notes to the Financial Slatements - continued for the Year Ended 31st March 2024 10. MOVEMENT IN FUND8- continued Comparatives for movement in funds Net movement in funds At 31.3.23 At 1.4.22 Unrestricted funds General fund 71,899 11,431 83,330 TOTAL FUNDS 71,899 11,431 83,330 Comparative net movement in funds. includ¢d in ihe above are as follows: Incoming resources Resources expended Movement in funds Unrestrieled funds General fund 74,949 {63,518} 11,431 TOTAL FUNDS 74,949 (63,518) 11,431 A cuent year 12 months and prior year 12 months combined position is as follows: Net movement in funds At 31.3.24 At 1.4.22 Unrestricted funds General fund 71,899 ,825 73,724 TOTAL FUNDS 71,899 1,825 73,724 A current year 12 months and prior year 12 months combined nel movement in funds, included in the above are as follows.. Incorning resources Resources expended Movement in funds Unrestrieted funds General fund 132,619 (130,794) 1,825 TOTAL FUNDS 132,619 (130,794) 1,825 Page 9 ontinued...
The Jubilee Centre (Limited by Guarantee) Notes to the Financial Statements- Continued for the Year Ended 31st March 2024 RELATED PARTY DISCLOSURF,S There were no related party transactions for the year ended 31 st March 2024. Page 10
The Jubilee Centre (Limited by Guarantee) Detailed Statement of Financial Activities for the Year Ended 31st March 2024 31.3.24 INCOME AND ENDOWMENTS Donations and legacies Donations 7,281 Other trading activities Day Care Drop in Meals on wheels Donation for use of llenitIeS 32,645 5,242 i 1.1 li ._15,527 ,l3291 48,998 Investmenl inLome Deposit account interest 1.391 Other income Core funding Total incoming resources 57,670 EXPENDITURE Charitable activities Wages Tr(sPort Food costs 51,111 2,350 5,543 59,004 Support costs Management Other operating leases Insurance Light and heat General running costs Accountancy Repairs ¢lT]d renewals 1,755 650 3,725 1.302 840 .(1:1081 8,272 Total resources expended 67,276 Net (expenditure)/income (9,606)1. This page does not forn] part of the statutory financial statements Page 11