REGigfERED COMPANY NUMBER: 06436328 (England and Wales) REGISTERED CHARITY NUMBER: J123729 orl of the Trusrees and nAudffited Fina ar ded 31 March 2025 for Jubilee Chureh Hull 360 Accounlants Limiied 18-19 Albion Street Hull East Yorkshire HUI 3TG Jubilee Chttreh Hull Contents of the Financial Stat¢ments for the Year Ended 31 Marth 2025 Page Report of the Tru5tee$ Indcp¢ndent Exxminer's Report Stalement of Financial Aetlvlties Balanee Sheei Cash Floiy Slatement 10 Notes to tlie Cash Flow Statement Note5 to the Flnanclal Statements 12 to 20 Detalled Stxtement of FinAnclal A¢livi¢i¢5 21 to 22 Jubilee Church Hull Re ort of the Trustees for the Year Ended 31 iM2rch 2025 The liwstees ivho are also dire¢iors of Ilie charity for the purposes of the Coinpanies Act 2006J preseJ)t IheiT report with the fiiiai)cial stfttements of the charity for ihe year ended 31 March 2025. The tnlstecs have adopted the proiTisions of A¢coiinlingy and Reportin¥ by Charities: Stalemenl of Recommended Practice applicable lo charities preparing tl)eir accouiils in aeeol'dance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective I January 2019). OBJECTIVES AND ACTIVITILS Valucs Siaiemenl Tlie ¢hiirch lias a detailed values stalenient which can be suniniarised as follows.- W¢ are an evangeli¢al cliurch wl)icli looks 10 cxpress the love of God lo ihose around us and build a comvnunily Ihal is commilted to worship, pray¢i', cvang¢lAsni. diseipleship and building friendships Ehat ¢iidorse family lifc where everyone can feel secure enough to grow. Praciiccs Adopted The churcli priinxrily looks lo fuif)l its objeciives through tli¢ following activities: I, The Iiolding of weekly Sunday worship services that are open to all. Services include worship of God, preaching from The Bible. prayer, the baptism of believers aiid communion. 2. A wide range of evangelisti¢ a¢livities which looks to iniroduce people to the Christian faith. 3. Seiving oui. local cominunity through a number of Social action initiatives with a focus on diose living in poverty. 4. Supporliiig fainilies within our communily through the provision of childr¢n's and youth acliviiies. 5. Creatingy spaces foi. people w conne¢t through our Life Groups which Inec¢ in localions around the region dui'ing thc week. 6. The developmeni ofchurch members through Irdining and disciplcsliip programines. 7. The establishing of new church COiTllnunities through church plantin& 8. Creating partnerships ivith other organisations and workiiig toge11￿r to in¢r¢ase Ilie impact iv¢ Cun have. The Iruslees I'egvularly review the objectives, purposes. and activities of the charily and, as part of (his review, Iliey have considered the Charity Commission's seneral guidance on public benefit and, in particular, its supplem¢niary public guidai)ce on the advaThcemenl ofreligion for the public benefit. Page I Jubilee Church Hull ort of the Trustees for the Year Ended 31 March 202S ACHIEVELMENT AND PERFORMANCE Tliis year has been a Inajor year of chan¥e for the orgaiiisation as we began building works on renovating* tbe front of our building to create a new ¢nlran¢e aiid a create a café and con)muniry space. Works began on 1st July 2024 aiid reniain oiigoin&. Tliis has been a challenging period for the organisation as ive lost use of our front entrdnce which iinpacted how ive operdte. However, Lt was also an exciting time as we prepare to be able lo use our building to have an even greater impact in the cily. Works al'e due lo be completed by Auturnn 2025. Despite Iliese works. we have continued to see our building being a key comniuThity resource iii the ¢ity centre aiid our ftading subsidiary. Jubilee Cen￿1 Lid has had a strong year which has eDabl¢d profit ￿ be reinvested buck into tlie cliui'ch. Tl)e charity carries oul a wide range of acltvili¢s in pursuance of tts cliaritable aims. Tlie trustees consider (hat Iliese activitics, as suniinarised below, provide benefit both to aciive members of ihe chur¢h and lo the wider con?mui)ity of Hull. l. Sunday Servi¢es We piovided weekly worship services gaiheriny around 180 peoplc each Sunday. These services coniinued lo b¢ sir¢al)￿d online so thos¢ unable to attend could slill engage which was especially important for those who are vulnerable. The online activities also trLelped provide a place for new people to connect and en&yagie iviili Ilie cliurch. We coiiiinue lo woi'k towords citating a diverse, mulii-cultyrnl congreEatioii ai)d gatlier people from niany parLs of Ilie city and throughout th¢ region with Iwenty-six nalionalilies represented amongsi our church meinber511ip. 2. Evai)gelisni We ¢ontinucd to run 'Alpha' courses helping people explore the Christian faiih. running a course during the early i))onihs of 2025 willi 54 allending Ilie lauiich and 24 of those coinple(ed the course. We l)avc Conlinued lo bc involved in Sunday chapel 8eivi¢es ai HMP Humber and have had an outreach ￿arn who have done evangelism on the streeLs ai different times throughout ihe year. 3. Social Actioii InitlÉilive5 Many of our day-time mid-week activilies revolve around Jubilce Life College. The Life Collegc aims lo give people 'life skills, lo help tliem grow in confidence. self-esteem and create greater employment opporlunitie5. Dui-in8 202412025, 119 individuals engaged with the courscs with 24 courses ￿nnIng across 4 sites with the support of twenty-six tutorslvolunte•'s. Courses incliided life skills. exercise sessions, cookery lessons ai)d craft sessions and there was a 78 /0 attendance rate across coui%e8. We continued lo run a 'drop-in' during the week lo help wilh th¢ hom¢l¢ss and needy cominLinity. providing, Iiot di'inks, showers, and laundry facililics. During these droTrins the showers have been used 674 times and 385 loads of clothes waslied. Tlie Big Isslie in Ihe NOTII) coiilinues to be distribuied from Jubilee Ceniral and overseen by Jubilee Chiircl). This piojecl lias supported 18 individuals io makc a livlng from working rather than begging. The building also continues lo act as a distribiilioii hub for Hull Foodbank" and we also provide warel)ouse facilitie5 for their food. 4. Children's and Yoiiih Activitle5 We liuve ¢onlinued to provide activilies for pre-school and primary school aged children every Sunday ivith over 60 cl)ildren engagiii£ in activities. We hav¢ also run coddler ￿0￿p$ running in two locations engaging with the local comniui)ity (Jubilee Ceiilral and Edinburgh Street Cornmunity Cenlre). In August 2024 we rdn a Summer Club for l year olds will) 35 cl)ildren engaging with tl)ese activities. We have piDvided irgularly activities for 11-18s witb meetings on both Friday evenings and Sunday mornings. Approximately 30 young people have engaged wilh these activities. i. Life Groups Pa8e ? Jubilee Church Hull Re ort of the Trustees (or thc Ycar Ended 31 March 2025 We en¢ourage all cl)urch members to Jclively involve diemselves in the community durino tl)e ￿ek as a place lo build fi'iendsliip aiid grow spiritually. This mainly happens through our 'Life Groups,. These are small ￿￿UpS of churcli meinbei who nieet in homes across the regions and had 129 people engaging with activities in 16 8roup5 during Ibe year. We also conrinued to support the needs of our diverse congregation ihrou8h our pastoral team which regularly mel io review the %ysleins we have in place and make necessary chttng￿. This includes a team who support those who are vulnerable and may Thot be able to fully engage An church activities including the elderly and the ill. This team are able to provide additional Slipporl as well as making visits. 6. Training and Discipleship We a￿anged, assisted, and supported chur¢h members in attending various online conferences and training ¢v¢nl$ thi'oiighout the year. This included lakiiig 32 members io Togeihef. a church confereiice in Durham which happened in MJrch ?0?5. We also had 5 rneinb¢rs who w¢r¢ involved in lead￿Ship training in London with Retyio1￿ Beyond. 7. Chiir¢li Planlin Our church plant. 'Fi'eedom Chur¢h' ¢ontinu¢d actTVTties in North Hull with a small group of adults meeting weekly for woisliip service5. Diiring the iveek. the team en8a¥ed witli the local coinmunity through ihe runnin&T of 'Jubilee Life Colleg¥e' courses, a foodbank and a weekly'wann spa¢e' to serve local resid¢nts. Dui'ing the year we have continued to support a church in Malawi called Triniry Churcli Zomba,. Our teain have been iiivolv¢d in Iraiiiing and 5UPPOrting Ilie team in Malawi with a leam of 5 from Hull visited in August 2024. We hrfive also siaried io gather a group from Jubilee who live in West Hull to build oli our coinmunity work wilh the plai)s to establisli a cliurcli plant in the HU3 area by the end of2025. S. Pannerships Over the last year we have worked with a number of other churches in the locality, region and internationally. This has primarily been throiigh our pat1nership with Regions Beyond and cliurches linked to the rainily of churclies. We have also continued io work with our pat1ner charity, Shine RelTef in Malawi. LoL&lly, tlie Lhurnh is part of the Hull 2030 ne￿Ork locally and is part of ilic Evangelical Allian￿. Tl)e Inislees are plcuscd with the overall outcome of ihe above in iems of meeting the charills staled objectives and urc mr¢kinn plaiis to en511re siisiainable growth and developmeiil of the church in thc years to com¢. FINANCIAL REVIEW FinanLial pos¥tion Thc truslces arc pleased with the general Improvement of the overall financial position of the charity at the period end and specially pleased to see that funds have been secured io enable lhe building project to progress. Tliey are also pleased see thar expenditure has renlain well controlled which has enabled money to be reinvested back into Ilie development of the building which will safeguard the ¢harity in futuro years providing both facilities to work froin and addiiional income streuims. The trustees are alvar¢ of the loans that are in place in relalion to morlgage of the building and building works and are coi)tent that in¢oin¢ is sufficient to cover the repayn￿nts. They are also pleased aboui the impact that development of the building and the surrounding city centre area will have on the value ofilie building in die future. Tl)e Irustee5 are LOI)fideni Iliat currenl income is sutTicient to meel need5 of the charity and the Iruslees are pleased with Ihe ovcrnll financial position and stale of affairs of the charity at the period end. Investment poliey and objectives Thc ¢hai'itys surplus funds are re¢ained in a current account wiih Unity Trust Bank. The ¢rnstees have POWCT to invest any money belonging lo the charity Js Ihey se¢ fit. Page 3 Jubilee Church Hull ort of the Trllstees for the Year Endcd 31 March 2025 FEIN'ANCIAL REVIEW Reserves policy li is the aim ofthe Érusle&q to eiideavour lo achieve cash-backed unresiricied funds. which are tl)e free reserves of tl)e charity, at a minimum of l(Y/o of the previous yeaws total tneome within those fimds. The truste&s are pleased that this was achieved and have Inade Iiecessary plans io enstsre this continues in Il)e future. FUTURE PLANS Plaiiiied initiatives dwing the cu￿ent wld subsequent financial years tnclude(d): Conipleic buildiiig renovaiions and open ¢afé and community space to the public in Autu1]￿ 2025. The ii¢iv caf¢ will provide an incoiiie strewn for the church and also provide wnployment opportunities for people coming througl) Jtsbilee Life Coll¢ge. Develop and expand Jubilee's Life College activities fticusing on skills and cmployabiliiy and seek new 8rartt funding. Laiinch new cliurch plani into tlie west of the ¢ity supporting Ilie teain ro create a tlirivtng eliurch coi)Imunity in that area. Continue to develop the community work in North Hull and ensurc the church plani is cstsblished succcssfully and be¢omes financially viable. Contiiiiie to run Alpha courses and tntrodiic¢ faith io more people in our city. Work wit11 Jiibilee Central Ltd to Contin￿ lo develop Ilie business io ensure profilabiliry and proceeds which will siipport woi'k in ¢ominuL)LIy. Conliniic to dcvelop church members to reach theiT full potcniial especially supporting ihen) lo thrive ii) home life and ihe work pldcc. Continued support of Hull Foodbank and Big Issue in the North. STRUCTURE, GoVE￿NANcE AND MANAGEMENT Governing document Tlie cl)arily is controlled by its governing documenl. a d￿d of trust, 8nd constitutes a limitcd coinpany, liniiled by guai?nlee, as defsned by Il)e Coiiipanies Aci 2006. Jubilee Chiircli Hull is a compaiiy limited by guarantee and noi having a share capital, registered in Eiigland and Wales. li is governed by a Memorandum and Articles of Association dated 26 Noveinber 2007 and was r¢gisl¢red with Ili¢ Cl)arity Conimission froni 17 April 2008. In the event of the ¢ompgny being wound up, membe13 Ire required to coniribure 811 ainoiinl not exceediniv £ l O. Appointment of Trustee$ New trLlStees ai'¢ appointed on the recoMm￿￿tiOn of existing Irusteeslinembers. There is a required miiiiinum of three tINstees bul no maxiiiium nuiiib¢r. Trustees Induction And TTaining Tnislecs are already familiar with the work of the charily, as they ar¢ drawn from wiihin the churcli Ineinbersliipl coiigregiltion. The trustees have induction procedures io ensure Il]al new trustees understand their roles and obligations. This ii)du¢lion includes undertaking safegiiardin&¥ trdining with refTesher training Provid￿ throughoLiI the terni of their appointmenl. As part of tliese procedures, truslees are also encouraged io attend appropriate internal/exteinal training events to facilitute tlie undertaking of their roles. Organisation Th¢ Indnauement and administratioii of ihe charity 15 under the control of tlie trnstees who meet quurl¢rly. Day to day operational niattcrs are delegated to the church leaders. Pa￿4 Jubilee Church Hull Re ort of the Trustees for thc Year Ended 31 MAreh 7025 STRUCTURE, GOVERYL ANCE AND MANAGEMENT Related parties The charity operaies under the oversighvdirection of Regions Beyond (a charitable organisation wliicli oversees churcli formation and trainin