**Company No. 04367325**
**Charity No.1096674**
**Jubilee Harvest Church Trustees Report and Financial Statements For the year ended 28 February 2025**
**Jubilee Harvest Church**
## **Information**
## **For the Year Ended 28 February 2025**
|**Trustees:**|Mr Frank Kwesi Dadzie Aikins|
|---|---|
||Mr Frederick Okine Danso|
||Miss Dora Mfodwaa|
||Mrs Nancy Haizel|
||Mr Kingsley Obiri-Yeboah|
|**Registered Office:**|30 Sedgehill Road|
||Catford|
||London|
||SE6 3QT|
|**Charity number:**|1096674|
|**Company Number:**|4367325|
|**Accountants:**
|Rocksons Chartered Certified Accountants|
|---|---|
||Suite 8|
||Stewart House|
||56 Longbridge Road|
||Barking|
||Essex|
||IG11 8RW|
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**Jubilee Harvest Church**
## **Contents For the Year Ended 28 February 2025**
## **Table of Contents**
Trustees **' Report ........................................................................................................................... 4 Independent Examiner's Report ....................................................................................................... 6 Statement of Financial Activities ...................................................................................................... 7 Balance Sheet .................................................................................................................................. 9 Notes to the Accounts .................................................................................................................... 11**
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**Jubilee Harvest Church**
**Trustees' Report For the Year Ended 28 February 2025**
## **Aims and objectives**
The principal objects of the charity are to advance Christianity enabling as many people as possible to worship at our church and to become part of our Christian community in South London."When planning our activities for the year, we have considered the Charity Commission's guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion. We encourage ordinary people to live out their faith as part of our Christian community through:
- Worship and prayer; learning about the Gospel and developing their knowledge and trust in Jesus.
- Provision of pastoral care for people living in the community
- Missionary and outreach work
## **Summary of the main achievements during the period**
## **Worship & Prayer:**
Jubilee Harvest as a ministry has continued to give worship and prayer to members. We have programmes during weekdays and weekends. Prayers are also offered through home cell or house groups where the focus is on individual needs. This system of approach has in our opinion brought a lot of spiritual and social benefit to the community. The Worship Ministry of the church has the vision of focusing first on God and secondly on serving the needs of the local congregation. We seek to combine different talents in the church in vibrant worship services, concerts and special events. Our mission is to reach the unreached, the youth, the locals and the entire community.
## **Pastoral Care:**
The trustees have ensured that every member of Jubilee Harvest has been attended to throughout the year. Jubilee Harvest has a six-member strong pastoral team that ensures that counselling and moral guidance is rolled out effectively. Pastoral care is given under the strums of counselling career and education. Teaching programmes are scheduled throughout the year in partnership with other ministries in the community. Members of Jubilee Harvest are encouraged to contact the pastoral teams should they need any help.
## **Mission & Evangelism:**
We continue to cultivate as part of our ministry, a mission of helping the needy. This we term “Jubilee Mission” we endeavour to help locally and internationally. We have continued to help people in UK with their different needs e.g. food and gas in the house as well as transport costs in looking for employment.
## **The charity's policy on reserves**
We aim to build up reserves in order to be prepared for unforeseen expenses. We would like to hold 3 months running expenses in reserves.
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**Jubilee Harvest Church**
## **Exemptions**
The trustees have taken advantage of the exemptions available to small companies, including the audit exemption (see statement on balance sheet)
## **Financial review during the year**
The total incoming resources of the church during the year amounted to £69,278 (2024 £75,555). Of this total £56,145 (2024 £63,109) was derived from general tithes and offering from members and £12,541 (2024 £12,156) from gift aided tax refunds. Bank interest received amounted to £592, (2024 £290)
Total resources expended in the year amounted to £71,458 (2024 £80,042) leaving a net deficit of £2,180 (2024 deficit £4,486). The accumulated fund shows a reserve of £32,876.
## **Statement of financial responsibilities of the trustees**
Law applicable to charities in England and Wales requires the trustees as managing trustees to prepare financial statements for each financial year. In preparing those financial statements, the trustees should follow best practices and;
- select suitable accounting policies and then apply them consistently
- make judgement and estimates that are reasonable and prudent
- state whether applicable accounting standards have been followed subject to any materials departures disclosed and explained in the financial statements
- preparing the financial statements on the going concern basis unless it is inappropriate to presume that the church will continue in business
The Board of Trustees is responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the church and to enable them to ensure that the financial statements comply with the Charities Act 1993 and the Charities (Accounts and Reports) Regulation 1995. They are also responsible for safeguarding the assets of the church.
Signed on behalf of the charity's trustees:
Mr Frederick Okine Danso
## **Date: 22 December 2025**
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**Jubilee Harvest Church**
## **Independent Examiner's Report For the Year Ended 28 February 2025**
I report on the accounts for the year ended 28 February 2025 which are set out on pages 7 to11
## **Respective responsibilities of trustees and examiner**
The charity's trustees consider that an audit is not required for this year (under section 43(2) to the Charities Act 1993 (the Act) and that an independent examination is needed.
- examine the accounts (under section 43 of the Act)
- follow the procedures laid down in the General Directions given by the Charity
- Commission (under section 43(7)(b) of the Act), and
- to state whether particular matters have come to my attention
## **Basis of independent examiner's report**
My examination was carried out in accordance with General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The Procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair' view and the report is limited to those matters set out in the statement below.
## **Independent examiner's statement**
In the course of my examination, no matter has come to my attention:
1. which gives me reasonable cause to believe that in, any material respect, the requirements:
- to keep accounting records in accordance with section 41 of the Act; and
- to prepare accounts which accord with the accounting records and comply with the - accounting requirements of the 1993 Act; has not been met; or
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached
Mr Alexander R Kludje MBA FCCA
Signature: **Date: 22 December 2025**
Rocksons Chartered Certified Accountants
Suite 8 Stewart House 56 Longbridge Road Barking, Essex IG11 8RW
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**Jubilee Harvest Church**
## **Statement of Financial Activities (including Income and Expenditure Account) For the Year Ended 28 February 2025**
||**Notes**|**Unrestricted**
**funds**|**Restricted funds**|**Year ended**
**28/02/25**|**Year ended**
**29/02/24**|
|---|---|---|---|---|---|
|||||**Total**|**Total**|
|||||**funds**|**funds**|
|||**£**|**£**|**£**|**£**|
|**INCOMING RESOURCES**||||||
|**Incoming resources from generated**||||||
|**funds**||||||
|**Voluntary income:**|1|||||
|Tithes & Offerings||56,145||56,145|63,109|
|Tax Refund||12,541||12,541|12,156|
|Activities for generating funds:||||||
|Investment income||592||592|290|
|Other incoming resources||0||0|0|
|**Incoming resources from charitable**||||||
|**activities:**||-|-|||
|**Total incoming resources**||**69,278**||**69,278**|**75,555**|
|**RESOURCES EXPENDED**||||||
|Charitable activities:|2|69,362||69,362|78,222|
|Governance costs|3|2,096||2,096|1,820|
|**Total resources expended**||**71,458**|-|**71,458**|**80,042**|
|**Net incoming/(outgoing) resources**||**(2,180)**||**(2,180)**|**(4,487)**|
|**Transfers between funds**||-|-||-|
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**Jubilee Harvest Church**
|**Net movement in funds**|4|**(2,180)**|**-**|**(2,180)**|**(4,487)**|
|---|---|---|---|---|---|
|**Reconciliation of funds:**||||||
|Total funds brought forward||35,056|-|35,056|39,543|
|**Total funds carried forward**||32,876|-|32,876|35,056|
There were no recognised gains or losses for the period other than those included in the Statement of Financial Activities The notes on pages 9 to11 form part of these accounts
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**Jubilee Harvest Church**
## **Balance Sheet**
**For the Year Ended 28 February 2025**
|**Notes**
**Fixed assets**
Tangible assets
5
**Current assets**
Total current assets
**Creditors: Amounts falling due within one year**
6
**Net current assets**
**Total assets less current liabilities**
**Unrestricted funds**
General funds
7
Designated funds
**Restricted funds**
7
**Total funds**|
**2025**
_2024_
**£**
_£_
**3,710**
**5,022**|
|---|---|
||3,710
5,022
39,941
42,807|
||39,941
42,807
(10,775**)**
(12,773)|
||29,166
_30,034_|
||32,876
30,056|
||
32,876
_35,056_
-
-|
||32,876
35,056
**-**
**-**|
||32,876
35,056|
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**Jubilee Harvest Church**
The accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2008 relating to small companies.
Approved by the board of trustees on 22 December 2025 and signed on their behalf by:
Mr Frederick Okine Danso
(On behalf of board of Trustees)
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**Jubilee Harvest Church**
**Notes to the Accounts For the Year Ended 28 February 2025**
## 1. **Accounting policies**
The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and in the preceding year.
## **Basis of accounting**
The accounts have been prepared under the historical cost convention and in accordance with the latest Statement of Recommended Practice (SORP) for charities and the Financial Reporting Standard for Smaller Entities (effective Jan 2008) and include the results of the church's operations as indicated in the trustees’ report, all of which are continuing.
## 1.1 **Incoming Resources:**
## **Building Fund**
Incomes from donations for building are included in incoming resources of restricted funds on receipts
## **Tithes and offerings**
Income from tithes and offering is included in incoming resources when these are receivable
## **Investment income**
Investment incomes consist of net interest received during the year and accounted for as unrestricted fund.
The charity has taken advantage of the exemption in Financial Reporting Standard No.1 from the requirements to produce cash flow statements on the grounds that it qualifies as a small charity
## 1.2 **Resources expended**
All expenditure is accounted for on and accruals basis and is inclusive of VAT.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and includes accountancy fees and costs linked to the strategic management of the charity. Governance costs which cannot be allocated directly are apportioned on an appropriate basis.
## 1.3 **Fixed assets**
Fixed assets are stated at cost less accumulated depreciation. Depreciation is provided at the rates calculated to write off the cost of each asset less its estimated useful life as follows:
Equipments, fixtures fittings - 25% per annum
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**Jubilee Harvest Church**
2. **Charity activities**
|**Direct cost of charitable activities:**
Wages and salaries
Employer's NI contribution & other payments to HMRC
Pension Contributions
Honorarium
Evangelism and missions
Welfare and Support
Rent Payable
Books, Training & Music
Computer Expenses
Subscriptions
Insurance
Sundry Expenses
Charitable and other Donations
Depreciation on fixtures & Equipments|**Total**
**_Total_**
**Unrestricted**
**Restricted**
**Year ended**
**28/02/25**
**_Year ended_**
**_29/02/24_**
**£**
**_£_**
**£**
_£_
17,434
-
17,434
17,434
1,151
-
1,151
1,151
336
336
336
11,200
-
11,200
13,250
2,800
-
2,800
4,936
7,589
-
7,589
7,820
13,635
13,635
16,760
10,470
10,470
10,050
580
580
1,799
2,214
2,214
1,692
210
210
208
431
431
1,000
0
0
0
1,312
1,312
1,786|
|---|---|
||69,362
-
69,362
78,222|
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## **Jubilee Harvest Church**
3. **Governance costs**
|Legal and professional
Accountancy|**2025**
_2024_
**£**
**£**
_£_
996
996
_720_
1,100
1,100
_1,100_|
|---|---|
||2,096
2,096
1,820|
There was no staff cost and emoluments, no employee earned £60,000 or more per annum. The trustees received no remuneration and no expenses reimbursed to trustees in the year
`4.` **Net movement in funds for the year**
|This is stated after charging:
Depreciation
Accountancy fees|**Year ended**
**28/02/25**
_Year ended_
_29/02/24_
**£**
_£_
1,312
_1,786_
1,100
_1,100_|
|---|---|
||2,412
2,886|
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## **Jubilee Harvest Church** `5.` **Tangible fixed assets**
|**Cost**
At 1 March 2024
Additions
Disposals
**At 28 February 2025**
**Depreciation**
At 1 March 2024
On disposals
Charge for the period
**At 28 February 2025**
**Net Book Value At 28 February 2025**
**Net Book Value At 29 February 2024**|**Church**
**Computer**
**Equipment**
**Equipment**
**Year**
**ended**
**28/02/25**
_Year_
_ended_
_28/02/25_
**Totals**
**£**
**_£_**
42,776
_7,141_
49,907
0
_0_
0
0
_0_
0|
|---|---|
||**42,766**
**_7,141_**
**49,907**
(38,449)
(6,436)
(44,885)
-
_-_
-
(1,079)
(233_)_
(1,312)|
||**(39,528)**
**_(6,669)_**
**(46,197)**
**3,238**
**_472_**
**3,710**|
||**4,317**
**_705_**
**5,022**|
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## **Jubilee Harvest Church**
- **6 Creditors: Amount falling due within one year**
|PAYE & Social Security Cost
Wages and Salaries
Pensions
Accrued Expenses|**Year**
**ended**
**28/02/25**
_Year_
_ended_
_29/02/24_
**£**
**_£_**
8,946
11,686
0
(461)
0
_39_
1,829
_1,509_|
|---|---|
||10,775
12,7732|
- **7 Analysis of net assets between funds**
Unrestricted funds Restricted
|**Fixed**|||
|---|---|---|
|**Assets**|**Current**|_Total_|
||**Asset**||
||**less**||
||**Liability**|_2025_|
|£|£|**_£_**|
|3,710|29,166|_32,876_|
|3,710|29.166|32,876|
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