RECISTERED COMPANY NUMBER: 05317292 (Ellglalld and W#les)
REGISTERED CHARITY NUMBER: 1107811
Report of the Trustees
Unaudited Financial Slatements
for the Year Ended 31 January 2024
for
JUBILEE FIELDS COMMUNITY ASSOCIATION
Mitchells Grievson
Chartered Accountants
Kensington House
3 Kensington
Bishop Auckland
Co. Durham
DL14 6HX

JUBILEE FIELDS COMMUNITY ASSOCIATION (REGISTERED NUMBER: 05317292)
Report of tbe Trustees
for the year ¢nd¢d 31 January 2024
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with
the financial statements of the charity for the year ¢nded 31 January 2024. The trustees have adopted the provisions of
Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparitig their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102)
(effective l January 2019).
OBJECTIVES AND ACTIVITIES
Vision and Mission
Our vision and mission ate the heart of all that we do along with the Continual succession planning to
retain existing staff, n￿intain th¢ centre to a higb standard and provide a safe and friendly environment for
adultsl¢hildreDfyoung people and their families to engage in the services and activities the centre has to offer.
2023 has been an excellent year for the community centre. following the pandemic we are now flnally back
on our feet. We have canied out a review of our slaffmg and tsvstee structures and made changes to ensure
the future sustainability of the centre. We welcomed new Trustees to the Centre with a mlxtL￿e of skills and
experience. We have also appointed a designated Centre Development Co-ordinator who is responsible for
funding and other back office functions to free up our Community Support Workers to deliver our activities.
We were success￿] in securing funding from ihe National PowerGrid so we could install solar pane]s to the
roof of the community centre with an inverter and battery storage to enable us to be self-sufficient should there
be a power outage. The community c¢ntre is now able to open its doors to our local residents and provide
them with a safe place to stay with electricity, heating and lighting irA times of need.
We were thrilled to welcome n¢w groups and users to the c¢ntre in addition to supporting and working with
our long-standing groups. We have continued to grndually see users regain confidence to access the many
serviceslactivities the centre has to offtr such as social groups for men, women, children, employability
and training courses along with activities to improve individuals, confidence, menlal healtb and overall
wellbeing.
We continue to build up our valuable existing patherships, whilst also welcoming new funders as part of our
mission to provide vital services and support to our conununity. A huge thank you goes to the following for
their mu¢h aPp￿lated support and guidance througb 2023 into 2024 and beyond:
Barbour Foundation
Bishop Auckland & Shildon Area Action Partnership
County Durham Conununity Foundation
County Durham Sports
Councillor Hannah Hanratty
Councillor Shirley Quinn
Durham Community A¢tion
Durham County Council
Livin (our local social housing provider)
Mears Group
National Lottery Community Fund
Northern PowerGrid Foundation
PPG Colourful Communities
Pioneering Care Partnership (PCP)
The Scotto Charitable Trust
Shildon Town Council and the Mayors Fund
Wood Group UK
FINANCIAL REVIEW
Reserves policy
The Management Committee consider it prudent to maintain unrestricted fi￿ds, which are the free reserves of
the charity, at th¢ level of three months of core cost expenditure and redundancy entitlemenls. The reserves
are mainly represented by the actual community centre buildin& to include all fixtures, fittings and equipment
totalling £379,216 . Working w>ital reserves of £13,468 are considered satisfactory.
Page 2

JUBILEE FIELDS COMMUNITY ASSOCIATION {REGISTERED NUMBER: 05317292)
Report of the Trustees
for the year ended 31 January 2024
FINANCIAL REVIEW
Risk Mana
ement
An ongoing review process has revealed major funding opportunities available to the company and also any
risks to which it is exposed. The Management CoDunittee reviews fmancial activities regularly, with remedial
action taken to compensate for ally projected fifftding shortfall or overspend. Internal risks are minimised by
the authorisation procedures iti place for all transactions.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Constitution and Objects
Jubilee Fields Community Association is considered under memorandum and articles of association dated
20th December 2004 and is a registered charity (Charity Number 1107811). It is limited by guarantee.
The company was registered with the same name and objectives as the original charitable trnst
(Company Number 05317292). On 26th January 2005, the coinpany was reco￿lSed as charitable by the
Charity ComLnissioners for England and Wales (Charity Number 1107811).
The trustee directors at the year end are set out on page l. No director had a beneficial interest in the
company.
Since 31st January 2005, the charitable company has continued the work of the original charitable trust,
followAng the transfer of the ts￿st's assets and liabillties. The original charitable trust was wound up aJ)d
removed from the Charities Commission register on 14th June 2005.
The company's objectives are to promote the benefit of the inhabilants of Jubilee Fields Estate and
neighl)ourhood defmed by Shildon Town {the area of benefit) without distinction of sex, sexual orientation, race
of political. religious or other opinions by associating together the said inhabitants and the local authorities,
voluntary and other organisations in common effort to advance education and to provide facilities in the intsrest
of social welfare for the reffeation and leisure time occupation with the object of improving conditions of life
for the said inhabitants.
To maintain and manage the Community Centre in fifftherance of these objects.
Organisatiollal struelure
The tnlstee directors who have served during the period since the year end are set out on page l.
The directors ofthe company are also charity trustees for the purposes of company law. Under the
r¢quirements of the Memorandum and Articl¢s of Association the trustee dIr￿lorS are elected to serve for a
period of three years after which they must be rerelected at the next Annual General Meeting.
Th¢ charitable company is managed by the board of trustees which comprises not less than three trust¢es.
The opportunity for appointment as a t￿stee is promoted widely and infonnal meetings for those who are
potentially interested in becoming trustees are undertaken to inforn] them of the charity and the role and
responsibilities of the trustees
Approved by order of the board of trustees on 22 November 2024 and signed on its b¢half by:
H Hanratty . Trustee
Page 3

Independent Examiner's Report to the Trustees of
Jubilee Fields Community AssociatRon
Independent examiner's report to the trustees of Jubilee Fields Community Assoeialion {'the Company,)
I report to th¢ chaTity trustees on my ¢xaminatson of the accounts of the Company for the year ended 31 January 2024.
Responsibilities and basis of report
As the charity's ljiistses of the Company (and also its directors for the PUTposes of company law) you are responsible for
the preparation of the accounts in accordance with the requirements of the Companies Act 2006 Cthe 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 charitys accounts as carried
out uDd¢r Section 145 of the Charities Act 2011 ('the 2011 Art,). In wing out my examination I have followed the
Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act,
Independent examiner's statement
I have completed Jny examination. I confirni that 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 accounts do not comply with the accounting requirements of Section 396 of the 2006 Acl other than any
requirement that the account5 give a trne and fair view which Rs not a matter considered as part of an independent
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 (applicable 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 acrnss no other matters ill connection with the examination to which attention should
be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Mr Nigel Rea FCA
Mitchells Grievson
Chartered Accountants
Kensington House
3 Kensington
Bishop Auckland
Co. Durham
DL14 6HX
22 November 2024
Page 4

JUBILEE FIELDS COMMUNITY ASSOCIATION
Statement of Financial Activities
for the year eDd¢d 31 January 2024
2024
Totsl
funds
2023
Total
fimds
Unrestricted
funds
Restricted
fund
Notes
INCOME AND ENDOWMENTS FROM
Charitabl¢ activities
Funding for salaries and centre costs
37alO
88,106
125,416
77,830
Other trading activities
Investment income
1,811
1,812
112
1,000
Total
37,423
89,917
127J40
78,841
EXPEIYDrruRE ON
Charitable activities
Funding for salaries and centre costs
60,747
65,762
126,509
97,845
NET JNCOMEI{EXPENDITURE)
Transfers between funds
{23J24}
19,775
24,155
(19,775)
831
(19,004)
13
Net movement in funds
{3,549)
4J80
831
(19,004)
RECONCILIATION OF FUNDS
Total funds brought forward
396233
26,1)97
422J30
441.334
TOTAL FUNDS CARIUED FORWARD
392,684
30,477
423,161
422,330
The notes forni part of these financial statements
Page 5

JUBILEE FIELDS COMMUNITY ASSOCIATION (REGISTERED NUMBER: 05317292)
Balance Sheet
31 January 2024
2024
Total
fullds
2023
Total
funds
Unrestricted
funds
Restricted
fund
Notes
FIXED ASSETS
Tangible &ssets
io
379,217
379,217
371,114
CiJRRENT ASSETS
Debtors
Cash at bank at)d in hand
3,732
11,325
3,732
41.802
1,801
50,552
30,477
15,057
30,477
45,534
52,353
CREDITORS
Amounts falling due within one year
12
(1,590)
(1,590)
(1,137)
IYET CURRENT ASSETS
13,467
30,477
43,944
51.216
TOTAL ASSETS LESS CURRENT
LIABILITIES
392,684
30,477
423,161
422,330
NET ASSETS
392,684
30,477
423.161
422.330
FUM)S
Unrestricted funds
Restricted funds
13
392,684
30,477
396,233
26,097
TOTAL FUNDS
423,161
422,330
The charitable cotnpany is entitled io exemption from audit under Section 477 of the Companies Act 2006 for the year
ended 31 January 2024.
The members have not required the company to obtain an audit of its fmancial statements for the year ended
31 January 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
(a)
ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the
Companies Act 2006 and
preparing fmancial statements which give a ttue and fair view of the state of affairs of the charitable company as
at the end of each financial year and of its surplus or deficit for each financial y¢ar in accordance with the
requirements of Sections 394 and 395 and which otherwise comply with th¢ requirements of the Companies Act
2006 relating to fmancial statements, so far as applicable to the charitsble Company.
(b)
The notes form part of these fmancial statements
Page 6
continued...

JUBILEE FIELDS COMMUNITY ASSOCIATION (REGISTERED NUMBER: 05317292)
Balance Sheet- continued
31 January 2024
These financial statements have been prepared in accordance with the provisions applicable to charitable companies
subject to the small companies regitne.
The financial statements were approved by the Board of Trustees and authoiised for issue on 22 November 2024 and
were signed on its behalf by:
H Hanratty- Trustee
The Dotes forn) part of these f]nancial statements
Page 7

JUBILEE FIELDS COMMUNITY ASSOCIATION
Notes to the Finaneial Statements
for the year ended 31 January 2024
ACCOUNTING POLICIES
Basis of preparing tbe financial statements
The financial statements of the charitable company, which is a public b¢nefit entity under FRS 102. have been
prepared in accordance with thc Charities SOIiP (FRS 102) 'AccountAng and Reporting by Charlties: Statement
of Recollunet￿ed Practice applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of treland (FRS 102) (effective l January 2019),,
Financial Reporting Standard 102 '1'he Financial Reporting Standard applicable in the UK and Republic of
Ireland, and the Companies Act 2006. The fmancial statements have been prepared undei the historical cost
convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it
is probable that the incoroe will be received and the amount can be measured reliably.
Expenditure
Liabilities are recogni5ed as expenditure as soon as there is a legal or constrnctive obligation comrnitting the
charity to that expenditure, it is probable that a transfer of econornic 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. Where costs cannot be directly
attribuled to particular headings they have been allocated to activities on a basis consistent with the use of
resources.
Tangible r￿ed assets
Depreciation is provided at the following annual ratss in order to write off each asset over ils eslimated usethl
life.
Freehold property
Plant and machinery
rixtures and fittings
20/0 on cost
5 /0 on cost
200/0 on cost
Taxation
The charity is exempt from corporation tax on its charitabl¢ activiti¢s.
Fund accounting
Unrestricted funds can be used in awordance with the charitable objectives at the discretion of the trustees.
Restricted fi￿dS can only be used for particular restricted pu￿OSeS within the objects of the charity. Restrictions
arise when sp¢cified by th¢ donor or when funds are raised for particular restricted purpos¢s.
Further explanation of the nature and purpose of each fimd is included in the notes to the fjnancial statements.
OTHER TRADING ACTIVITIES
2024
2023
FundTaising events
1,812
1,000
Page 8
ntinued...

JUBILEE FIELDS COMMUNITY ASSOCIATION
Notes to the Financial Statements - Continued
ror tb¢ year ended 31 January 2024
INVESTMENT INCOME
2024
2023
Deposit account interest
112
INCOME FROM CHARITABLE ACTIVITIES
2024
2023
Activity
Funding for salaries and centre costs
Funding for salaries and centre costs
Incom¢ from activities
Grants
37,310
88,106
44,734
33,096
125,416
77,830
Grants received, included in the above, are as follows:
2024
2023
Durham County Council
Wood PLC
Pioneering Care Partnership
Mears Foundation
Durham County Action
County Durham Sport
Bishop Auckland & Shildon AAP
The Frank & Phillis S¢otto Trust Fund
Livin - Conllnunity Regeneration Fund
Rothley Trust
Shildon TowTr Council
County Durham Community Foundation
PPG Colourful Communities
Barclays
Barbour Foundation
Sir James Knott
National Lottery Community Fund
Northern Powergrid Foundation
3,805
240
250
7,005
2,146
2,700
3,406
1,599
10,000
3,700
800
1,250
500
loo
3,320
2,000
I,ioo
6,976
36,030
1,000
2,0(N)
5,0(M)
6,500
19,775
88,106
33,096
CHARITABLE ACTIVITIES COSTS
Direct
Costs
Support
costs
Totals
Funding for salaries and centre costs
65,762
60,747
126,509
Page 9
continued...

JUBILEE FIELDS COMlItUNITY ASSOCIATION
Notes to the Financlal Statements - Continued
for the year ended 31 Jydnuary 2024
NET INCOMEI(EXPENDITURE)
Net incomel(expenditure) is stated after chargIn￿(crediting).
2024
2023
Depreciation- owned assets
11,672
11,423
TRUSTEES, REMUNERATIOIY AIW BENEFITS
There were no tLUStees' remunerdtion or other benefits for the year ended 31 January 2024 nor for the year ended
31 January 2023.
Trustees, expenses
There were no
31 January 2023.
trnstees, expenses paid for the year ended 31 January 2024 nor for the year ended
STAFF COSTS
2024
2023
Wages and salaries
32?02
26,585
32J02
26,585
The average monthly nurnber of employees during the year was as follows:
2024
2023
Management and administrdlion
No employees received emoluments in excess of £60,000.
COMPARA TIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund5
Restricted
fund
Total
fi￿dS
INCOME AND ENDOWMENTS FROM
Charitable aetivities
Funding for salaries and centre costs
44,734
33,096
77.830
Otber trading activities
Investment income
1,000
1,000
Total
44,745
34,096
78,841
EXPENDITURE ON
Charitable activities
Funding for salaries and centre costs
60,485
37,360
97.845
NET INCOMEI(EXPENDITURE)
Transfers between funds
(15,740)
(3,155)
(3.264)
3,155
(19,004)
Net movement in funds
(18,895)
(109)
(19,004)
Page 10
ntinue(L..

JUBILEE FIELDS COMMUNITY ASSOCIATION
Notes to the Financial Statements- continued
ror the year ended 31 January 2024
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
Restricted
funds
fimd
To￿]
funds
RECONCILIATION OF FUNDS
Total fimds brought fonvard
415,128
26.206
441,334
TOTAL FUNDS CARIUED FORWARD
396,233
26,097
422.330
io.
TANGIBLE FIXED ASSETS
FiXtt￿eS
Freehold
property
Plant and
machinery
fittings
Totals
COST
At l FebrLWy 2023
Additions
571,141
8,847
579.988
19,775
19,775
At 31 January 2024
571,141
19,775
8,847
599,763
DEPRECIATION
At l February 2023
Charge for year
200,028
11,423
8846
20&874
11,672
249
At 31 January 2024
211,451
249
8,846
220J46
NET BOOK VALUE
At 31 January 2024
359,690
19,526
379217
At 31 January 2023
371.113
371.114
ii.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Other debtors
Prepayments and accrued income
3,732
1,801
3,732
1,801
Pagell
ontinued...

JUBILEE FIELDS COIIffiIUNITY ASSOCIATION
Notes to the Financial Statements - conlinued
for the year ellded 31 January 2024
12.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Ac¢rned expenses
1,590
1,137
13.
MOVEMENT IN FUNDS
Net
movement
in funds
Transfers
between
funds
At
31.1.24
At 1.2.23
Unrestricled funds
General fijnd
Designated
25,120
371,113
(23J24)
11,672
8,103
13,468
379216
396,233
(23J24)
19,775
392,684
Restricted funds
Restricted
26,1197
24,155
(19,775)
30,477
TOTAL FUNDS
422,330
831
423,161
Net movement in fund4 included in the above are as follows:
Incoffting
resources
Resources
expended
Movement
in fimds
Unrestrieled funds
General fund
37,423
(60,747)
{23,324)
Restricted funds
Restricted
89,917
(65,762)
24,155
TOTAL FUNDS
127?40
(126,509)
831
Comparatives for movement in funds
Net
movement
in funds
Transfers
At
31.1.23
At 1.2.22
fimds
Unrestricted funds
General fund
DeSi￿ated
32,591
382,537
(15,740)
8,269
(11,424)
25,120
37l,113
415.128
(15,740)
(3,155)
396.233
Restricted funds
Restricted
26,206
(3.264)
3,155
26,097
TOTAL FUIYDS
441,334
(19,004}
422,330
Page 12
continued...

JUBILEE FIELDS COMMUNITY ASSOCIATION
Notes to the Financial Stalements - eontinued
for the year ended 31 January 2024
13.
MOVEMENT IIY FUNDS - eontinued
Comparative net movement in funds, included in the above are &s follows:
Incoming
resources
Resources
expended
Mov¢ment
in funds
Unrestrieted funds
General fund
44,745
(60,485}
(15,740)
Restricted fund5
Restricted
34,096
(37,360)
(3264)
TOTAL FUNDS
78,841
(97,845)
(19,004)
A ¢ll￿ent year 12 month5 and prior year 12 rnonths combined position is as follows..
Net
movement
in funds
TTansfers
between
funds
At
31.1.24
At 1.2.22
UDttstricted funds
General fimd
Designated
32,591
382,537
(39,064)
19,941
(3,321)
13,468
379,216
415,128
{39,064)
16,620
392,684
Restricted funds
Restricted
26,206
20,891
(16,620)
30,477
TOTAL FUNDS
441,334
(18,173)
423,161
A current year 12 months and prior year 12 months combined net movement in fimds, included in the above aTe
as follows:
Incoming
resources
ResouTces
expended
Movement
in funds
Unrestricted funds
General fi￿d
82,168
(121,232)
(39.064)
Restricted funds
Restricted
124,013
(103,122)
20.891
TOTAL FUNDS
206,181
(224,354)
(18.173)
Transfers between funds
Ca ital Grant for urchase of Solar Panels
During the year the Charity received a Capital Grant from Northern Powergrid Foundation in the sum of £19.775
for the purchase and installation of Solar Panels. The Solar Panels were purchased during the year and therefore
the restricted fund has been transferred to iinrestricted (designated) funds.
Page 13
continued...

JUBILEE FIELDS COMMUNITY ASSOCIATION
Notes to the Financial Statements - continued
for the year ended 31 Januv4ry 2024
14.
RELATED PARTY DISCLOSURES
During the year, the directors and trustees of the charity hired out the community centr¢ to other organisatlODS
with which they were also associated. The facilty was made available on the satne tern)s as are availabl¢ to third
party organisations.
Page 14