Jubilee Church Wirral Ltd Unaudited Financial Statements 31 March 2U25 Registered Charity Number . 1146197 Company Number . 07960759 HAILWOOD & CO CHARTERED ACCOUNTANTS
Jubilee Church Wirral Ltd Unaudited Financial Statements for the year ended 31 March 2025 CONTENTS Page Organisation information Trustees, annual report 2to5 Siatement of truslees, responsibililies Independent examiner's report Suminary income and expenditure accounl St(Itement of financial dctivities Balance sheet 10 Notes to the finanLial statemenls 11 to 16
Jubilee Church Wirral Ltd Unaudited Financial Statements for the year ended 31 March 2025 Registered Charity Number . 1146197 Company Number . 07960759 TRUSTEESIDIRECTORS D T Frodsham Dmwynn C M Griffiths D A Britton O A Dosunmu Appointed 10109124 Appointed 10109124 REGISTERED OFFICE The Jubilee Centre Hoseside Road Wallasey Wirral CH45 OLA ACCOUNTANTS Hdilwood & Co Chartered Accouiilanl% 392-394 Hoylake Rodd Moreton Wirr(Il CH46 6DF
Jubilee Church Wirral Ltd Accounts for the year ending 31 March 2025 Trustees / Directors Annual Report Structure overnanee and mana ement Jubilee Church Wirral Ltd is a charilahle company {limiled by guaraniee) governed by Memorandum and Articles ot A.%.SOCidtion which was made on 22nd February 2012. David Frodsham is employed as the Senior Pa.stor of Jubilee Church WiaL and he is assisted by a group of 5eninr leadcn% who meet on a regular basis to discuss all a8pecls of church life. Some of the Trusteesl Directorb pan of Ihis group and are as follows: Daiiielle Wynn -chairperson David Frodsham -Tredsurer Christopher Giiffiths - PerI4()nnel Olasunkanmi Do8unmu- Generiil Tnjstee (dppoinied September 2024) David Briiion - General Truslce (appoinied Sepiembcr 2024) The senior leuiii (41s0 inc'liides Richarcl Roberl.%c?n, wlio i.¥ noi a irutslce. Reterence and administration details of the Charit Prei'iously kn()wn a.% Jubilee CliurLlI Wirral Ichdrity numhei. 1122856). Ii 1% now Jubilee Church Wirral Lid. The new ch<irity number is 1146197 Jnd company number 7960759. Method of a ointment New Trusiees musl be appointed by a re501ution passed by a simple majorily al a meeting (If the Spiritual Leadership. Risk Mana ement The Iruslee.s h<ive reviewed Ilie maj()r risks lacing Ihe Charily and have laken aclion lo ensure il)ai there are procedures and policies in place lo address these risks. Financial review Reserves Policy - Our aim is to hold reserves of £20,000 to cover regular commiimenls thal would be unavotdable if income were lo suddeiily cease. ALcounts -The Suinmary Income and Expenditure ALLount, Siatement of FindnLial Activities and Balance Sheet are allaLhcd, ai)d prepared undcr accruals acLounling rules. Funds held as custodian trustee on behalf of others The church holds £2,502 on behalf of "Wallasey Churches TogetheT" to continue paying operaiing costs for "The CAP Wallasey debt centre" at April 2025.
Jubilee Church Wirral Ltd Accounts for the year ending 31 March 2025 Trustees / Directors Annual Report In planning our activities for the year and future years we keep in mind the Charity Commission's guidance on public benefit. Public Benefit Statement Objective I TO ADVANCE THE CHRISTIAN FAITH IN ACCORDANCE WITH THE STATEMENT OF BELIEFS IN SUCH WAYS AND IN SUCH PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES FIROM TIME TO TIME MAY THINK FIT. We slarted meeling in the newly refurbi.8hed Jubilee Centre on the 21" April 2013. Our weekly Sunday morning meeling.s include family worship and separate teaching for adult8 and cliildren. We have three different age groups of children. Various guests come to speak to the adult.% on a Sunday from dift'ereni bdckgrounds <ind churches. Jubilee Church Wirriil are keen lo build partner%hips wilh oiher churche% ihroubyhout the UK and have ongoing relationships with %everal in order iu advance the Christian f¢llth. In addilion lo the full time Senior Pastoi-, we cunttnue to eniploy a part lime youth and children .% direclor who over%ee% 4111 our work with chlldren and young people. including .%(Ifeuuarding. We alsu continue to empluy a communicalions lind pa.%tordl leader part-time. In <iddition, we have pail-time contractor.4 who dSSlSt with fin<ince, admini%lration, building management and websile/social medi<1 development. We continue to offer leadership iraining, which 1% open lo all who attend the churcli with a focus on developrnenl of leadership skills in any context. Also, through this year we ran an additional three courses in line with advancing the Chrislian faith.. Into the Word. Joining the Family and Freedoni iii Christ. Throughout this year ihe senior pa.%tor. Dave Frodsham, held a drop ii) for men at a local coffee shop to offer pastoral %upport. In addilioii to this we also offered ai) opportuiiity for further pastoral support al Occasional men's breakfa%t meetincys. Aitendaiice at our weekly life group% provide opportunities lo growih in the Christiaii faith. Many aclivilies throughout the year suppori our aims towards this objective. Every summer Jubilee holds picnics iii the P<wk 011 several occa.8ion.% to build community Wlthiii the church. We continue with regular prayer meetings to provide the opportunity for all to engage in community prayer. Frnm January to March we offered two Sunday morning meetings for the public (O Ilttend on a Sunday morniiig. In addition to this. every August we offer the opportunity for teenagers to attend a Chrisliiin camp called 'Newday' in Norfolk. This is open to all teenagers of the Christian faith, alternative faiths or none. Also. every October Jubilee Church Wirral holds an event called the 'Light Party, for primary school children in order to share the Christian faith with the local community.
Jubilee Church Wirral Ltd Accounts for the year ending 31 March 2025 Trustees l Directors Annual Report Objective 2 TO RELIEVE SICKNE.SS AND HNANCIAL HARDSHIP AND TO PROMOTE AND PRESERVE GOOD HEALTH BY THE PROVISION OF FUNDS, GOODS OR SERVICES OF ANY KIND, INCLUDING THROUGH THE PROVISION OF COUNSELLING AND SUPPORT IN SUCH PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES FROM TIME TO TIME MAY THINK FIT. We continue lo look for opportunities to serve the commuiiity around us and other connecliolis Ih<lt we have boih locally, nationally and interii<ilionally. Our Good Neighbour projeci ih<lt we begaii duriiig covid coiitiiiue% by providing food parcel% lo those iii iieed. During this fiiiancial year we received a number of local council graiits to coiitiiiue wilh thi% project. We continued with offering a free light luiich for dnyoiie iii the commuiiity to drop iii. These (ifiernoons dre very beiieficial for building friendships and as cl warn] space to attend. We conlinued io suppori the Wallasey Churches (Chri4tians Agaiii%i Poverty) centre to assisl Ihose iii debi. A joinl managemenl comniitlee oversee4 the project. The cnmmitiee is made up of VilriOUS local church leaders in Walla%ey, with Jubilce Church Wirral aciiiig as ihe lead church. Within thi% role we dre re%poii%ible for ihe budgeting nf the projecl and payiiig ihe staff. We employed Debt Cenire Mcini2ger duriiig thi5 year. From l. July 2024 however a iiew charily, Wallasey Churches Community Asset Project (WCCAP}, was formed (o mandge this project. In time they will take on the respnn%ibility of employing the Debt Centre Manager directly. Furtherniore, lo relieve fiiiancial hard.ship in the local community we provided %everal food hamper% in December 2024 to those in need in the communily. We worked cln%ely with health visilors 'iiid other ch¢irilies lo identify the recipients. Objective 3 TO ADVANCE EDUCATION IN SUCH WAYS AND TN SUCH PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES FROM TIME TO TIME MAY THINK FIT. A.8 a church we cnnlinue to look to serve the cornmunity where we are located and build good relalinn%hip% with other churches, charities and groups. A.% part of the .8ervice that CAP Wallasey provides to assist families and individuals with debt counselling, we offered the 'Life Skills, courses to ihose in the community to assist with budgeling, cooking, healthy meal planning, etc. during this year.
Jubilee Church Wirral Ltd Accounts for the year ending 31 March 2025 Trustees l Directors Annual Report Objective 2 (continued) We provided a number of additional educational activities throughout the year to complement the Life Skills courses. To support those with additAonal needs in the community we held a 'Sing Along, evening once per month. which wa% open to individuals with additional need.q aiid their carers. In February 2025 we held 'safegudI1Ig Sunday, to educate and rai8e awarene8.8 of the importance of 8afeguarding practices wiihii) the church and communily, aiid we continued to develop our %afeguardiiig policy to include adults dt risk. We had about (Ill children and tlieir teacher8 from our local primary school engage li) inieT<lCtive and iiiforrnlltive 4e%sion8 aboui Easter iii April 2024. We coiitiiiued with our free weekly mums & iotq group to serve tho.qe looking after small childreii in ihe community. This group is open to parenls, grandparent5. exleiided family member8, fo%teT careT% or childmiiiderg. Finally, to celebrate diffeTence% in culture% we held 'lnteniational Day, in September 2024 which include a luncheon of inieiiialioiial foods. Sigiied on behiilf of the Trustees l Directors D. Wynn 8 December 2025
Jubilee Church Wirral Ltd STATEMENT OF TRUSTEES, RESPONSIBILITIES for the year ended 31 March 2025 We are required under law to prepare financial statements for each financial period which give a true and fiiir view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure of the charity for that period. In preparing ihese financial statements we are required to: select suitable accounting policies and cipply tliem c()nsi%tently; observe the methods and principles in the Charities SORP 2019 IFRS 102). make judgements and estimates that are reasonable and prudent; state wlieiher applicable UK Accounting St¢ind4wd% have been followed, subject to any malerial departures disclosed aiid expliiined in ihe financial statemenls. prepare the financial slatements on the going concern basis unless it ib inappropriate lo presume that the company will continue in operatioii. We are aliio re.%ponsible tor: keeping proper accountiiig records; sateguarding the organisalion's assets. taking reasonable steps for the preveiition and delection of fraud. On behalf of the Trustees
Independent Examiner's Report to the members of Jubilee Church Wirral Ltd I report to the trusiees of Jubilee Church Wirral Lid on the accounts for ihe year ended 31 March 2025 which comprise of the Summary Income and Expenditure Account. the Siaiemenl of Financial A¢iivilies, the Balance Sheei and relaled noies. Respective responsibilities of the trustees and examiner The Iruslees (who are also the directors of the company for the purposes of company law) are respoiisible for the prepioration of the accounts in accordance with the requirements of Ihe Compiinies Act ?006. H(iving sAtisfJed myselt thai the account.% of the company not required io be dudiied under Ptirt 16 of the 2006 Act and al'e eligible for independenl examination, I report in respect of my examination of your ¢ompany'4 accounts as caiTieil nui under section 145 ()f the charitie.s ALI ?01 l. In Liirrying ()ut my examinaiion I have followed the Directi()ns given by Ihe Charity Commission under seclion 145{5)(b) of the 201 I Aci. Independenl examiner's statement The charily's trustees Iqre re4ponsible f()r Ihe pi'Lparaii()n of Ihe acc()unts. ThL Iru%tce% c()nsider IhKiI an 41udil is not required fi)r Ilii.s year under scclion 1441?} ol Ihc C1]1r111eS Acl 201 l Éind thal an indepcn(Jeni cxaminalion is needed. I h4iVC ¢ompleied rny examin?£ lion. I confirm that no m<itters havL' c(Imc to my <illention in connection with the examin<lti()n giving me LaU.%e 10 believe Ilidl in lilly lli<ii¢rial respect: dccouniing records hdive not been kepi in respect of the coinpany as required by section 386 of Ihe Companies Aci 2006; or the accliunts do not accord with these records; or Ihe acLounl.4 do not cnmply with the accounling requiremenls of seclion 396 Df Ihe 2006 ALI i)Ilier Ihan any requirL'mLnt thal thL 41ccounl% xive 41 'lruc ¢ind fair vi¢w' wliich 1% not a maiicr considLred a.s part of iin independent ¢xamindlion' or Ihe account5 have not been prepared in accord4ince wilh the methods and principley of (he Sialement of ReLommcnded PrdcliLe for aLcounliiig and reporting by charities applicdblc l() the ch<li'ilie8 preparing ihcir accounts in J¢LDrd4ince the Financial Reporting Siandard applicable in Ihe UK aiid Republic of Ireland (FRS 102). I have no concerns and have come acro.8s no other mailer.% in connection wilh the examination to which attention should be drawn in thi5 reporl in order lo ei)abl¢ a pri)per undei'standing of Ihe accounts to be reaL'lied. Adam French B.Eng FCA Hailwood & Co. Charlered Accountants Registered Audiiors ecetnber 20?5 Moreion, Wirral
Jubilee Church Wirral Ltd SUMMARY INCOME AND EXPENDITURE ACCOUNT for the year ended 31 March 2025 Note 2025 2024 Income Interest and investment income 158,790 370 171,037 614 Total income 159.160 171.651 Expendilure Interest payable Depreciation (161,139) (191,109) (1.059) (5,450) (5.250) Total expenditure (167,327) {197,618) Net expenditure for the year 11 (8,167) (25,967) Movemenls in reserve.% are shown in note l O. None of the Lharity's aLtivities were acquired or discontinued during the above two financial years. There are no recogni%ed gains and losses in the year ended 31 March 2025 or the year elided 31 March 20?4 other than the surplu% for the year. Tlie sumniary income and expenditure account is derived from the statement of financial activities on P£ige 9 which together wilh the notes to the account8 on pages 11 to 16, provides full informaiion on the movement during the year on all the funds.
Jubilee Church Wirral Ltd STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 March 2025 Unrestrieied unds Restricted Funds Total Funds 2025 Total Funds 2024 Note Income from: Donations and grants Charitable aclivilies Inveblrnenls 126.181 17,158 3711 15,451 141.632 17,158 370 153.17? 17,865 614 Total ineome 143,709 15,451 159,160 171,651 Expenditure on: Charitablc aelivilies 147,392 19,935 167,327 197.618 T¢Trtal expenditure 147,392 19,935 167.327 197,618 Nel expenditure Transfers between funds 13,6881 14.4841 (8.1671 (?5.9671 io Net movement in funds 13.6831 14.484) (8,167) (25.9671 Reconciliation of funds: Ti)lal luiids bi'oughi fiirward io 400,716 6,986 407,702 433,6()9 Total funds carried forward io 397,033 2,502 399,535 407,702
10 Jubilee Church Wirral Ltd BALANCE SHEET As At 31 March 2025 2025 2024 Note Fixed assets Tangible assets Current assets Debtors Cash at bank and in hand 394,015 399,265 4,277 16,710 4,298 23,869 20.987 ?8,167 Liabilities Creditors: amounts falling due within one year Net current assets (9,067) (10,392) 11,920 17,775 Creditors.. dmc)unts falling due after more than ()ne ye8 9 Total net assets 12 (6,400) (9,338) 399,535 407.702 The funds of the charity: Unrestricted funds Re%tricled fundb 10 397,033 2,.$02 400,716 6,986 399,535 407,702 The.se aLcounis have been prepared in accordance wilh Ihe special provisions of parl 15 of the Cnnipanie.% ALI 2006 relaiing 10 .%mall companie.8. F()r the ye4ir en(led 31 Mdrch 20?.fj the Lnmpany was enliiled to exL'mpiion under 5eLtion 47712) I)f Ihc C()mpanies Act 20(16. No member4 hdve required the coInpany to obiain an audit of ils accounls for the year in quLsti()n in acc()rdan¢e with section 476 of the Companies Act 20116. These ac¢ounl8 1)ave been prepared in aL'corddn¢e wilh the provisions applicable to srnall companies subject to the small companies regime. The directors acknowledge IhLir rcspon.8ibilily f()r'. i) Ensuring the company keeps accounting records which comply with the requirement5 of the . and ii) Preparing account% which give a true and fair view of the %iate of affairs of Ihe company as at the end of its financial year and of its surplus, and which otherwise comply wilh the requirement5 of the Companies Acl relating to accounls, so far as applicable lo the company. The financial SEalements on pages 8 10 16 were approved by ihe TTU5lees on its behalf by: ecemb 2025 and signed on D T Frodsham Director Dmwynn Direclor Company Number '. 07960759
Jubilee Church Wirral Ltd NOTES ON FINANCIAL STATEMENTS for the year ended 31 March 2025 l Accounting policies Basis of accounting Tlie finaiicial statements have been prepared under the historical cost accounting rules and comply with Accounting and Reporting by Charities.. Sta(ement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Si¢indard applic<ible in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014, the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Praciice as it applies from l January 2015. In accordance with the provisions of the SORP FRS102 Update bulletin l ag published on 2 February 2016, the charity qualifies as a "small ch¢Wity it is exempi from the requirement to prvduLe a Lash flow stalement. Company Status The charity is a company limiled by guiirantee. The company has no Sh(e capilal. Fund accounting Designated tunds comprise funds which have been set aside at the discrelion of the trustees for specific purposes. General fund8 comprise funds which represent accumulated surpluses and deficits in ihe Statement of Financial Aclivities, after transfers tolfrom the designated funds. The purposes and uses of all funds <1re set out in nole I I to the iiccounts. Income All donations, income from trading activities and interest are recognised on a i'eceivable ba.8is. Expenditure The cost heading.5 comprise expenditure, including slaff costs, directly attributable to the organisation's activities. Fixed assets and depreciation Fixed assets are stated at cost and are depreciated over their useful economic lives at the following rates: Freehold property Improvements to property Furniture, fixtures and equipment 10/0 of Cost It70 of Cost 20G70 reducing balance All significant assets are reviewed annually for impairn]ent and provision made where considered necessary.
12 Jubilee Church Wirral Ltd NOTES ON FINANCIAL STATEMENTS for the year ended 31 March 2025 Unrestrieted Funds Restricted Funds Total 2025 Total 2024 2 Income Doniilions and gr¢tS Charitable d¢tivities Inlerest receivable 126.181 17,158 370 15,451 141,632 17.158 370 153,172 17,865 614 143,709 15,451 159,160 171.651 3 Charitable activities Salaries and related costs Staff iraining and conferences Staff travel expense8 Self employed staff costs Church evenls Outreach events Worship co.sls Youth work New Day costs Leaflets and publiLiIy Building running co8ts and repairs Telephone IT costs Printing, p()stage lind stalionery Insurance and licences Subscriptions Doniitions Sundry expenses Bank charges Mortgage interest Depreciation.. fixtures and equipment Depreciation.. church buildings Depreciation.. property improvements Independent examiner's fees 6.5,179 965 160 8.829 2,886 296 1.143 14,611 79,790 965 160 8,829 2,886 296 1.143 2,-346 9,966 543 18,206 778 6,522 591 3,249 1,803 2,750 17.274 768 938 800 2,042 2,408 2,274 82,146 2,779 213 16,747 4,561 381 54 2,926 9,015 436 26,260 718 6,940 745 2,298 1,706 3.4(X) 27,248 336 1,059 1,000 2.042 2,408 2,200 9,966 543 17,006 778 6,522 591 3,249 1,803 2,750 13,150 768 1,200 4,124 800 2,042 2,408 2,274 147,392 19,935 167,327 197,618
13 Jubilee Church Wirral Ltd NOTES ON FINANCIAL STATEMENTS for the year ended 31 March 2025 Unrestricted Funds Restricted Funds Total 2025 Total 2024 4 Independent examiner's fees Independent examination Accountancy Payroll 527 1,294 4.$3 527 1,294 495 1,252 453 2,274 2,274 2,200 5 Salaries and wages 2025 2024 Number of staff einployed Average number of full time equivalent employeeb Siaff cosls for the above.. Wages and balaries Employers, national insurance Employer's pension contributions 74.968 324 4,498 77,24.3 381 4.522 79,790 82,146 There were no employees earning a Sdlary in excess of £60,OIK) in either year.
14 Jubilee Church Wirral Ltd NOTES ON FINANCIAL STATEMENTS for the year ended 31 March 2025 6 Tangible fixed assets Furniture Freehold Property improvements flxtures & property equipment Total Cost or valuation l April 2024 Additions Disposals 204,153 240,766 32.686 477,605 31 March 2025 204.153 240,766 32.686 477,605 Depreciation l April 2024 Charge for year Disposals 24.504 2,042 25,149 2,408 28.687 800 78,340 5,250 31 March 2()25 26,-546 27.557 29,487 83,590 Net book amount 31 Miwch 2025 177.607 213,209 -3,199 394,(115 31 March 2024 179,649 215,617 3,999 399,265 2025 2024 7 Debtors Accouni% receivable Outstanding Gift Aid claim Other debtors 1,598 1,722 957 1,849 1,574 875 4,277 4,298 2025 2024 8 Creditors falling due within one year Bank Io£ins Accounts payable Sundry creditors and accruals Other credilors 2,816 754 2,926 2,571 2,640 887 4,027 2,838 9,067 10,392
15 Jubilee Church Wirral Ltd NOTES ON FINANCIAL STATEMENTS for the year ended 31 March 2025 2025 2024 9 Creditors falling due after one year Bank loans 6,400 9,338 6,400 9,338 The loan from Reliance Bank is repayable in instalmenls by January 2028, and is secured by a specific charge on the Church buildings, and Ciirries interest at a Variable rate of 310 over base. The instalmenls tall due as follows: 2025 2024 In one year or less Belween one and two years Between two and five years In five years or more 2,816 2,888 2,640 2,810 6,528 9,216 11,978 10 Funds Balllnce Balance al l April 2024 Incoming resources Out%oing resources at 31 Mareh Transfers 2025 Unrestricted Funds General Fund 400,716 143.709 147,392 397,033 Restricted Funds CAP Debt Centre 6,986 15,451 19,935 2,502 Total Funds 407.702 159,160 167,327 399,535 CAP Debt Centre Fund This restricted grant received from Wirral Borough Council was held to be used on behalf of Wallasey Churches Together to establish a Wallasey Christians Against Poverty Debt Centre. We have managed this grant and donations and have distributed this leaving a balance of £1,399 at the end of the year which will be allocated to Christitms Against Poverty costs in the next financial year. After this they will manage their own funds.
16 Jubilee Church Wirral Ltd NOTES ON FINANCLAL STATEMENTS for the year ended 31 March 2025 I I Income and expenditure account 2025 2024 l April 2024 Deficit for the year 407,702 (8,167) 433,669 (25.967) 31 March 2025 199,535 407.702 12 Analysis of net assets between funds Net current Tangible rixed assets assets Loans Total Unrestricted Funds General Fund 394.015 9.418 (6.400) 397,033 Restricted Funds CAP Debi Cenlre 2,502 2,502 Total Net Assets 394,015 11,920 (6.400) 399.535 13 Related parties As permitled by the Charity'% governing document. during the year, some trustees were employed by the charity. Each of the S<il<wies were set at a commercial lilte. The amounts involved were as follows.. Gross Salary Employers Pension Travel Expenses D Frodsham D Wynn 32,614 14,436 1,957 866 14 Capital Conunitments 2025 2024 Conlracted for but not provided for Nil Nil Authorised but not contTacted for Nil Nil