2021-12-31-accounts - Jubilee Church, Coventry

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Jubilee Church, Coventry Financial Statements for the year ended 31st December 2021 CHARITY REGISTRATION No 1149730 COMPANY REGISTRATION No 8207822

Jubilee Church, Coventry Contents Legal & Admirtistrattve Information Trustees Report ststemerbt of Financial Activities Balance Sheet io Notes to the Accounts li Independent Examiners Report 20

Jubilee Church, Coventry Legal & Administrative Information Company Registration Number 8207822 Ch¥lty Re8iStratioM Number 1149730 Start ol Financial Perfod 1st January 2021 End of Finantial Period 31st December 2021 TrusteeslDirertors at 31st December20ZI Chris Edwards Hannah Schotheld IResiBned 26 April 20211 Andrew Simpkins Paul Harrison James Noble Matthew Clayton Chris Mainey fjoveming Inrtrument MEMORANDUM AND ARTICLES INCORPORATED 10 SEP 2012 Objerts IA) TO ADVANCE THE CHRISTIAN FAITH IN ACCORDANCE W1TH ThE STATEMENT OF BELIEFS IN THE SCHEDULE HERETO ArrACHED IN SUCH PARTS OF COVENTR Y. THE UNITED KINGDOM OR THE WORLDA5THETRUSTEES MAY FROM TIME TO TIME THINK FIT AND TO FULFIL SUCH OTHER PURPOSES WHICH ARE EXCLUSIVELY CHARITABLE ACCORDING TO THE LAW OF ENGLAND AND WALES AND ARE CONNECTED WITH THE CHARtTABLE WORK OF THE CFIARIIY IBI TO REUEVE PERSONS WHO ARE IN CONDinoNS OF NEED, FINANCIAL HARDSHIP OR SICKNESSANDWHO MAY BE AGED AND TO REUEVE THE DIStRESS CAUSED THEREBY IN THE SAID LOCATION AND IN SUCH OTHER PARTS OF THE UNITED KINGDOM OR THE WORLD THE TRusfEES MAY FROM TIME Tn TIMF THINK FIT {CI TO ADVANCE CHRisnAN AND OTHER EDUCATION INCLUDING BUT NOT8Y WAY OF UMITATrON THROUGH THE PROVISION OF TRAINING COURSES IN THE SAID LOC4TION AND IN SUCH OTHER PART5 OF THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES MAY FROM TIME TO TIME ThINK FIT IDI TO PROVIDE OR AS51ST IN THE PROVISION OF FACILITIES IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATIQN OR OTHER LEISURE TIME OCCUPATION OF INDIVIDUALS WHO HAVE NEED OF SUCH FACIUTIES BY REASON OF THEIR YOUTH, AGE. INFIRMITY OR DISABILtTY. FINANCIAL HARDSHIP OR SOCIAL CIRCUMSTANCES WITH THE OBJECT OF IMPROVING THEIR CONDITIONS OF UFE

Jubilee Church, Coventry Correspondence Address Henry Fry Centre Hertford Pla Coventry Cvi 3JZ Pr5mary Bankers Ctroperative Bank PO Box 250 Delf House Southway Skelmersdale WN86 dependent E¥aminets Independent Examiner5 Ltd Unit 2 The Broadbre Business Centre DellinE Lane Bosham Wert Sussex P018 8NF

Jubille Church. C4)ventry Trustees Report For the Year Ended 31st December 2021 TNgte Chris Edwards-chris is COO for Hope Coventry. Chris is Chair of Trustees. Hannah Schofield- Hannah is a oualifjed chartered accountant and leads on financial 1ueSf0rthe trustees. Hannah resigned as a trustee on 26 Awil 2021. Andrew Simpktns- Andrew an Elderof the Church and works full time for the trusL Paul Harrison- Paul 15 an Elder of the Church and works full time for the trust. James Noble-james is an Elder of the Church and works full time forthe trust. Matt aayton- Matt is an Elder of the Church and is a Social Worker. Matt takes a lead on chtld wotÉttign risk5. Chris Mainey- Chris is a data scientist with a h05t of relevant analytical Skills and spiritual Érft5. Orzani5ational Struciure The trustees meet regularty and have reswnsibilityforthe general. legal and fiscal oversight of the chartty. The day to day work of the Tnjst is delegated to the church leaders and both paid and voluntary staff. This work is led by the Elders Andrew Simpkins, James Noble. Paul Harrwn and Matt Clayton. Three of the Elders are on the staff of the Church,. Andrew Sirnpktns. who leadsthe tearn. James Noble, who oversees day to day operations of the church, the midJAfeek Church groups which meet in the community and runs Coventrfs Motofestweekend and Paul Harrison. who leads on outse, Sunday mornings and student work. The Church is part of the Catalyst Nelwork of Churches. The Church leaders meet regulady wr(h other leaders from the network both in the UK and over5eas.The Catalysi Networkof Churches is part of the Newfrontiers International family of Churches. Trustee Appointment. Indudion and Training Trustee5 are required to agree wtth the Church's stement Df faith. Trustee inductN)n include5 briefin8 With the Chair of Trustees and one of the Elders on the role of Trustees. a150 Éncludesthe provision and review of the charitv commi55ion material on the role of thetrustee. The need for furtherTrustee training is kept under review by both Elders and the Chair of Trustees. Risk Management The Trustees have establ15hed 0 5Y5tem of risk mana8ement that considers IKth the strategic and operaDonal risks to the charity. Action plans have been put in place to manage key risks and there are documented risk assessments for all key are35 of Chufch activities including WOTknng with children and health and safety isgjes. Objectl¥Ès atsd Athiities Jubilee Church derives its name and purpose from a chapter in the Bible.. Lsaiah 61, wth the year of the Lords favour being hi5 Jubilee. ~The Spiritof the Lord GLklNs upon me. tecouse the Lordhjs onointedme to bring oClewS to the&vor.' he hus sent me to bind up the brokenhearted. to proclaim liberty to thecoptwes. olthe opening of the prtson to those who ure bound,. toproclatm the yeorof the Lordsfvvour. and the dayof venge0e of our God,- rocomfort Gll who rnourn,'rogront to those who mourn in Zion- to give them o beoutrful heoddress inrteudof oshes. the oilof glodness instetsd of mourninq, thegLTrment of proise insteod of oloint spirit.- th(rt theymaybe c01kdkS of ThteoUsneSs, theplorting of the Lord. that he moybe glorified.~

Jubille Church. Coventry Trustees Report cont'd Forttr Year Ended 3tst December 2021 To enjoy and proclaim the year of the Lords favour. To make di5ciples-we want to become mre like Jesus and teach and show others to do likewisè. To plant Churches- in both the local area and over5ea5. To reach other nation5- we are part of a wOr1lde family of Cfru¥ches. We are committed to supporting other Churches which are part of this network. How Our Activities Deliver Publk Benefit Jubilee Church holds weekly meetings in Coventry on a Sunday at the Henry Fry Centre in Coventry city cent. There are dedicated chsldren's groups for O to 16 years. Duringthe untversity term umes there is a weekiychurch prayer meetin& Powerhouse. 3 Sunday evenin& Folltywin8 the outbreak of the Cowd-19 pandemK in Mèrch 2020the majority of the chijrches meetin8s have been held online. From September 2021 the church started to meet in person on Sunday mornings and. from Novemr. in two location5 in thectty. still followir4thevarious Secure guidelines as they developed overthe course of the year. The majority of people within Jubilee are part of a small group. These small groups are designed to provide a context for communrty in the Church where people can get to know each other better. We con5iderthi5 to be more and more import3nta5 the Church 8rows. These groups continued to meet but primarily online for the majority of the year. Jubilee Church continues to provide 5UPPQrtto the thurch in Cambodia. The leadership of the Church has been passed over to a Khmer leadenhip team bJub11ee will continue their support through Andrew who has been appointed as the apostolic oversight of the Church. This supportwill continue to be tN)th financial suptw)rt directly to the Church and pastoral visits when overseas travel returns. Jubilee Church has continued to develop it5 relationship with churches in Bosnia & Henegovina and Croatia. Durin8 2021Andrew Simpkins was able to visrf( Croatia. howeverthe majority of support was financial SUPFQrt by funding some of the expetb5es of one of the in country leaders as he serves Churches in that area. Jubilee Church continues ro provide service5forthe beneftof those in the Cv0f Coventry this is mainly in the form of MotofesL The eventtook ace in a very limited form during 2021. However. Motofestwas able to make a significant contributioft rowarf5 the salary costs of James Noble as he dedtcated rrK¥re of his timeto planning the event5 for future years. Futuo Plans Jubilee Church airns to acquire a substantial building within Coventry to act as a centre for Church rneetings and communityactivities. We have been considering various optionswithin the city centre and currently pur5uinglhe OPkKTrrtunity to work with Coventry ar Wanwickshire'sAwoation for the Deafto redevelopthe land which they hold the lease on. As the pandemic started to ease we began a full return to our nomal run of church actwities and w0h1p meetings in the latter part of 2021. We are making plans to devek•pthese meetyngs as smaller cOnggatIOnS in different 5tie5 acro%sthe city. Achlevements and Perfomian¢e Althou8h for much of the year our artivities were primarily online, Jubilee continuesto be a healthy and vibrant Church attended by around 2(M) peop5e. who have been able to continue to worship God, learn more about him and tell others about him.

Jubille Church. Q>ventry Trustees Report cont'd For the year Ended 31st l)ecember 2021 Finc[al Review Jubilee Church made a Surplus of £30k duri1¥ 2021. This i5 a £34k surplu5 on unrestrirted hJnd5 and £4k deficit on restrirted funds. Restrirted funds are mainly due to gift5 received land the associated gift aid) fora buildin8 and our work with the wor. The Church has £414k towards premises. We would also lookto spend a st8nificant proportion of the £218k held in general reser¥es. Going Concem and cov119 Pan¥t The Trustees have continued to monitorthe Chur(h finance5to ensure that we are able to meet our commitrnents and thus remain ¥ going concern. fhere has been a modest improvement in income Itirca 3%1 alongside a reduction in costs saved when not meetin8together in person. thus during the pandemic the ongoing finartial position improved from £8k defiot in 2019 to E30k surplus in 2021. The Trustees will continueto monitorthe income and adjust the cost base appropriately rf needed. We hold unrestricled cash reserves which equate to 8 months expenditure. Havir8 considered these fattors we still consider the charity to be a gosngcorKem. lrtve5tment Polity Surplus tunds are reviewed on a regular basis and where available inve5teil within intÈre5t bearing bank account5. The aims of the investment policy 3re to maximise the returns achieved subject to minrmal risk and requirementto maintain 5horr term availability of all funds. Grants Pdi¢v Jubilee is not primarily a grant givin8 chartty- H¢)wever, the Church does seek to be generous and supiKJrt a number of other organisations with similar aims arml obje(iives.Jubilee &ryves re8ularlyto the Catalyst Network of Churche5, to Hope Coventry and to 5UPPOrt thework of the Church in Cambodia and Bosnia & Herzegovina. ReseNes Polity Jubilee Church aims to hold the equivalent of three mnths expendrture asgeneral reserwes. The attual level is signrficantly hr8herthan this as it is egwisaged they wtll be used towards funding a building within Coventry. Related Parties Jubilee Church 15 invofved in the work of the Catalyst Networkof Churches an(J has given financially to this work Andrew Simpkins is a Trustee of the Catalyst Network of Churches and Jubilee Church. Coventry. jubilee Church 15 involved in running Coventry Motofest by supporting through employee and volunteer time. James Noble and Andrew &"mpkins are Directors of Coventry Motofe5t Ltd and Jubilee Church. Coventry. Jubilee church makes small grants to Hope Coventry. Chrrs Edwards is employed by Hope Coventry and a Director of Jubilee Church Coventry. AndTew Simpkins is a direttor of Hope Coventry and Jubilee Church Coventry.

Jubille Church. Coventry Trustees Report cont'd Forthe Year ENted 3tst Deternber 2021 Dirertors Rèsponslbllities The Charrties Act and Company P£t reouires the Board of Trustees to piepare financial staternentsfor each financial year which give a tnJe and fair view of the state of the affaTrsof the tharrtable companyas èt the end of the financial year and of the surplus or defitit of the charrty. In preparingth05e financial ttaternents rhe 8oard is required to.. - select suitable accounting lIcIeS and then applythem con5j5teny.' - make judgements and estimates that are reasonable and prudent- and . prepare the financial statements on the going concem basis unless tt is not appTopriateto assumethat the companv will cortinue on that basis. The Trustees are also responsible for mainrainingadequate accounting records which dlsclose with reasonable accura(y at any time the financial position of the charitable company and which sufficientjy show and explain the charity's transactions and enable them to ensure thai the fInala1 sratements compiywith the COMni$ Art 26 and comply with regulations made under the Chafities Act. They are also responsible for safeguardingthe assets of the charity and hence takiF¥ rea50Trable steps for the prevention and detertion of fraud and other irregylarities. The Trustees are also responsible forthe contents of the trustee's rerort an(1 the responsTbilities of the independent examiner in relation to the trustee's report is limrced to examining the report and ensuring thaL on the face of the report. there are no inconsistencies with the li8ures disclosed irbthe financial statements. These accounts a prepared in accordance with the prOw)S applKable to the comparfs sybjettto the small companies. re8ime. l approve the ittached statement of financial activities and balance sheet for the period ended 31" December2021 and I confirm I have made available all information necessary for its preparatyoll. Signed on behalf of the Board 2U)6 20Z2 Chris Edw3rds Chair of Trustees

Jubilee Church. Coventry Statement of Financial Activities Year Ended 3tst December 2021 Det-21 Total Funds De¢-20 Total Funds Unrestricted Dest8nated Fund5 Funds Restricted Funds In¢offle and èndowments Donations 3nd Legaoes Investments Charitable ActiV7ties other income Total Income 260.609 221 9329 441 269,938 662 322.276 2,323 4,782 6,955 6,955 305,475 9.770 315.245 329,381 Expendbture Raising Fund5 Charitable Activities Total Expendlture 1244,566) 1244.5661 127,3511 127,351) 113,3061 113.3061 1285,2231 1285,2231 1318,1221 1318.1221 Net incomel{expenditure) Transfer BetweÈrt Funds Net movement in lunds 1273511 19,357 17.9941 13.$361 30.022 11,259 119,3571 41.552 13.5361 30,022 11.259 Reconoliation of Funds Total Funds Brought Forward Net movement in funds Total Funds Carried Forward 176.546 41,552 218,098 14,612 17.9941 6,618 431,702 13,5361 428.166 622,860 30.022 652,882 611,601 11.259 622.860 Movements in all reserves and all recognised gain5 and losses are shown above. All of the organisations operatlons are classed as continuin& Tre notes on pages 11 to 19 forrn part of these financial statement> There may be minor discrepancies in totals as pence are not being shown.

Jubilee Churth, Coventry Balance Sheet At 3tst December 2021 Oec-21 Total Dec-20 Total Funds Unrestricted De5Vdnated Funds Restricted Funds Funds Flxed Assets Tangible Assets 1.312 1,312 CurrentAssets Cash at 6ank Debtors 209.827 13,759 223.586 10.646 635 11.281 427.816 350 648.289 14,744 663,033 616,784 11.949 628,733 428.166 Creditors.. Amtxnts fallln due wfthin one year Net Current Assets 15.4881 14,663) 6.618 6.618 110,1511 652.882 652W2 17,1851 218.098 218m8 428.166 428.166 621,548 622060 Net A55ets Funds Unrestricted Funds Designated Funds Restricted Funds Total Funds 218.098 6,618 428,166 6522 176,546 14,612 431,702 S2260 Dlie¢tors RespoMibifrties: The dirertors zre satisfied that for the period ended on 31 December 2021 thatthe chair(able cgmpany was ntf(led to an exemptign from the requirement to obtsin an audtt under Section 477 Oft Companies Att 2006 and that no member or members required the comparyto obtain an audtt of its accounts for the year in question in accordance with sectyon 476 of the Act. However in accordance writh settion 145 ofthe Charities Act 2011. the accounts have been examined by zn Independent Examiner wh05e report appÈar50n pa8e 19. The direttors acknowledge their responsibility fortornpng with the requirernent of the Companies Act 2006 wtth respectto accounting records and prepefation of accounts. The accounts have been prepared in accordance with the pr(Nisions in Part 15 of the Companies Att 2006 applKable to companies subject to the small companies Tegime an<J in accordance with the Financial Reportine Standard applicable in the UK and Republic of Ireland IFRS1021 leffectI l January 20151- Icharitses SORP IFRS10211. The directors acknowledge their responsibility for ensurin8 that the cgmpany keeps proper accounting records which Comp with section 386 of the Att and for prepaiin8 financ&al statements whirh 8Ne a true and fair view of the state of affairs ol the tompany as at the end of the finanoal year and its profff an(J loss forthe financial year in accordance with requirements of settiorts 394 and 395 and which othermse comptywith the requlremÈnts ofthe Companies Art Approved by the Directors on Signed their behalf by Director Mrf Crf¢i JvfLft¢ EOwttD5

Jubilee Churth. Coventry Note5 to the Accounts l Accryjntlng Policies Basss of Preparatlon The account5 have been ppared in accordance with the provisws in Part 15 of the C¢)mpanies Act 20( applicable to companies subjett to the small companies regime and in accordance with the Financia Reporting Standard applicoble in the UK and Republic of Ireland IFPS1021 leffetttve l January 20151- (Charities SORP IFRS10211 and include results of the charity's operations which a described in theTrustees' Rert. all of which are coniinuing. Advanta8e has been taken OF Settion 396(Sl of the Companies Aci 2006 to allow the format of the financial statements to be adapted to reflett the special n*ure of the tharitvs operation and in order to tomply wtsth the requirernents of the SORP. The cornpany has taken advantage of the exemption in the Financial Reporting Standard No i from the requirement to produce a cash Ilow Statement. Jubilee Church Coventry meets the defiftitKyn of a public benefft entity under FRS102. Assets and liabilities are initially recognised at historical cost unless otherwise stated in the relevant cntIn8 policy Th)tes. Preparation of the accounts is on a going concern basis_ The Trustees are of the wew that the level of reserves will supwjrt the charitygoing forward. Changes to accountint eslimate5 No change5 to accounting estimates have occurred in the reporting perK)d. Material prior period errors No material prior year errors have been identified in the reporting perh)d. IrKoming resources Income received by way of thnatlOn5 and gifts is Iruded in full in the Income and Expenditure account when received. Associated tax reclaims through the Gift Aid scheme are accrued for in the period when the donation is re(eived. All £rther income is recogni5ed on a rttovable ba5iS. Gifts in ktnd a Kcounted for at a reasonable esknmate of their Ydlueto the charity or the amount actually realised. Gifts in kind for sale or distributwjn are included in the COUnts as gifts On when sold or distributed bythe charity. Gifts in kind for use bythe tharity are included in the SOFA as incomin8 resources when receNable. These are only included in incoming resources Iwith an equiwdlent amount in resources expended) where the benefit to the charity is reasonably quantifiable. measurable and rnaterial. The Value pl¥ed on donated Services and facilities is the estimated Yalue to the charity of the servlce orfacility received. The value of any voluntary help received is not included in the accThJnts but is described kn the Directors, annual report. Gtsvèrnmentgrants The charity has not received govemmentgrants in the prting period. Resources expended Expenditure is accounted for on an accruaLs basis and has been da55ified under headings that aggregate all costs related to the category. Where costs cannot be direct aknbuted to particular headings they have been allocated to activities on a ba515 consistent with the use of resources. Support Costs a alkncated to Jubilees ArtNities in propyjrtion to the amount of expendffture incurred. li

Jubilee Church, Coventry oitsetling There has been no offsetting of a$5ets and liabiltlies, or income and expenses. unless required or perniir(ed by FR5102 or the FR5102 50RP. Intangible Assets Amortisation is provided at 25%on cost in order to wrrre down the asset over it's estimated Lseful life. Tangible fixed assets DepCiatIon is provided the ollowin8 annual rate5 in order to write off each asset over its estimated useful life. Fixtures and fittin8s-25% on cost Items of capital expenditure below £2,5fK) are Mt caytalised. Taxatio The charrty ts exempt from tax on its charitable attllIes. Fund actountlnl Unreslritted Funds The general fund is used to ac(ountfor the day to day aLtivtties of the trust. Oeslgnated Funds The designated 8iwng fvrTrd is from the arnnt destgnated by the Trustees to support the work of lotal Churches in the UK & Overseas. This is primarily through existing laonshIpS with Churches in the Catalyst ap)stolic network and in the citv ol Coventry. Restrkled Funds The Buildin8 Fund is from SF)etial offerin85 to be used to purchase a buildin8forthe chaTrty. The Working with the Poor fund is from special offerings and specific donations for particular projects ènd initiatives workin8 With the poor. The Cambodia fund is from swial offerings and spttffi¢ dt)nations to be Lt5ed to sUprt a Catalyst church in Carntla. The M155ion Fund is frtyn special offerin85 for 5pe£tFK projects and initiative> Grants Grant5 used to PUTchase capital items are treated a5 deferred Tncome and written off as revenue over the life of the asset involved, grants used for revenue items are matched to related expenditure. Short term employee benefit5 includin8 hdiday pty are reccni5ed as an expense in the period in which the service is received. 12

Jubilee Churth, Coventry 2 Tanglble FLxed Assèts Fixtures & Fthr Vehidas TLxal Cost At 1st January 2021 At 315t December 2021 6.643 11.893 DeprKiatyon At 1st January 2021 Charge forthe Year At 31st December 2021 6.643 3.938 1,312 10.581 1.312 6.643 Net Bk Value At 1st January 2021 At 31st December 2021 3 Income aThl endo¥mients Year Ended Year Ended 315t Dec 2021 31st Dec 2020 T31 Total Funds Funds Unrestricted Desi8n3ted Fund5 Funds RestriLted Fund5 al Dwations and Le8 Genetsl Gi¥in8 Income from Grants Gift Aid 211.820 7.529 219.349 262.432 48.789 160.609 269 938 322 276 b} Invèstments Interest Inccvne 221 221 441 441 662 c) Charttablt Adivities Youth Work 18-30's Global Bries Weekends Away Other lThcome 3305 310 150 310 171 377 6J55 4.782 dl other income Secondment income 37,690 37.690

Jubilee Churth, Coventry 4 Expenditure Year Ended Year Ended 31st Dec 2021 315t Dec 2020 Total Total Fund5 Funds Unrestricted Designated Fund5 Funds Restricted Funds al RaTrsinE Funds Adverrising Supptsrt Costs b) Charitable Aclivitles BL5ilding the Church Church Planting Grants & Donations Prirnary Purpose Trading Support Costs 1221.8091 {2211 1441 1222.0741 1223,7451 11,2221 170.3131 12,0331 116.9531 127.1301 112.6221 139.7521 11,ILM)I 117,1151 ii.i(K)I 117.1151 Legal & Professional Fee5 Support Costs 14.224} 318 16401 14,8641 318 13,6471 209 The church ideniff5 the COM of its SUPFQrt funrtims, and identifie5 those thai relate to the governance function. Havin8 identified its govemaTrce cost5 the m3•nIng SUPFOrt costs are apportioned between the key charitable artivitie5 and costs of raisinglun(ts. Charitable Activi(ies Church Grants and planting donations Building the church Govemance Costs Ralsln8 Funds Staff Costs Premises Costs Office and rr C95ts Depreciati 7,923 5,430 1.163 IA18 972 174 119 25 2,S99 318 14

Jubilee Churrth, Coventry S Funds At Istjan 2021 Transfer Between F¢Jnds At 31st Dec 2021 Irthne Wenditure Unrestricted Funds General Fund 176,546 305.475 1244,5661 119.3571 218.098 Designated Funds Giving 14.612 127.3511 19,357 6,618 Restrlrted Fund5 8uildin8 Fund Working wrLh the Poor CamtrKJdia Mission Fund 414.353 16.140 177 441 4.2C) 1.550 16401 17,99dl 19251 414.154 12.346 802 864 428,166 431.702 9.770 113.3061 Total Funds 622,860 315 245 285,223 652,882 The designated giwng fund 15 fromthe arrnt designated bythe frustee5 to support the work of local Churche5 in the UK & er5eas. Thi% $ prirnarily thr(wh existin8 relationships with Churches in the Catalyst apostolic network and in the city of Coventy. The Building Fund is from s181 offerings to be used to purtha5e a Iwildingforthe charity. The Working with the Poor fund is from swial Offerif and 5pecffic th)nationsor particular Projects and initiatNes working wr(h the pjor. The Camtrx)dia lund is from special offerings and Specific donation5 to be used to SUPPOrt a Catalyst church in Camt*)dia. The Mission Fund is from special offerin8s for specifK projects & initiatives. 15

Jubilee Churth, Coventry 6 Cash at Bank & in bland Dec.21 Total Funds Dec-20 Total Fund5 Unre5trÈrted Designated Funds Funds Restricted Funds Cash at Bank 209 27 10,646 427 816 616 784 7 Ddrtors & Prepayments Dec-21 Total Funds Dec-20 Total Funds Unrestricted Designated Funds Fun(L% Aricted Funds Debtor5 13.759 635 350 14.744 11.949 8 Crethtors: Acuua15. rleferred Income due whhin one year DÈt-21 Total Funds Dec-20 Total Funds Urtrestrictetl Designated Fund5 Fvnds Restrirted Funds Tax & Soctal Security Other Creditors Independent Examiners Fees 14.8331 16551 19751 12.4881 15,8081 13.1431 1.200 10.1511 15.7121 14731 16

Jubilee Church. Coventry 9 Analy515 of stsff Costs. Trth ReMelatIon and Expenses and Cost ofKey Managent Pèr50nnel Year Ended 3tst Year Ended 31st Det 2021 Dec 2020 Salarie5 Pension Contributions Social Security Costs Other Payroll Costs 173,9S6 13,046 12,792 707 200 501 173.438 13.006 12,814 703 199,961 Staff are paid throuzh the PAYE sV5twn. Wrthin the SOFA salaries are splii between CharffaNe and suptv)rt cost The Church contributed to the pensK)n scheme of 6 employees throUg)l the period and paid life cover contributrons for l employee. The church operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the Trust in an independently administered fund. Employees We engaged in the fomowing activities.. Year Ended 31st Year Ended 31st Dec 2Q21 Dec 2020 Activities in furtherance of Charitable Mana8erneTht & Administration Number ol ern0Vee$ whose total employee benefrt5 lexcluding employer pension c05tsI fdl within each band of EIO,000 frorn £60,(iXI upwar(ts'. Band £60.000 to £69.999 £70,000 to £79.999 E80,0(H) to £89,999 £90.LKM) to £99,999 £i(K),oxi to £109.999 Number of employees Key management personnel are ton5idered to be the Trustees and Church Elders. Three trnS1 received a salary and benefrts for their employmefit as a Church Elder. This is disclosed in n¢xe 10 lt)w. No other key rnana8ement personnel received any payments. 17

Jubilee Church, Coventry 10 TnE5tees & Other Related Parties In this financial period the charity has paid trustees remunetètH)n and benefits (including ErnployeT NI, Ernpbyer Pension and Lrfe Assurance coniritmrtionsl fLY their roles as Churth El$ as follows-. Amounts paid or benefrt value Employer Nl. Remuneration Penslon and Life Assurance Name of Trustee Legal authority 2021 Totsl Andrew Sirnpkins James Noe Paul Harrison Governift8 document Governing dc(ument Governing document 52,488 47,846 37.676 138.010 10.674 8,978 6,813 26.466 63,162 56,824 164,476 The charity also paid £1,398 duringtheyear for Paul HarTison to undertake a TheoSo8Kal training course. Notrustees were remunerated for their role as a trustee. In ihe perilxlthe charity ha5 paid trustees expense5 a5fdl¢)ws: Year Ended 31st Year Ended 315t Dee 2021 Dec 2020 Number ofTru5tee5 who were paid exwses Amount paid". eooks and stationery H05Pltality Mileage Meetings. ÈvÈnts and refreshments Other travel lflights. parkin& accomrnodation Telephone Total Amount p•d 131 17 296 237 142 556 43 416 823 6 Trustees made &Jnations to the Charity during 2021. These (k>nations totalled £36.92712020.. £42,527). Grwrts of £996012020: £58.485I were paid to Catalyst NeNork of Churches. Andrew Sirnpkins has seNed a5 a Dirertorfor the Catatyst Ndwork of thurches duringthis period. Grants of £3.25012020.. £1.1461 were paid to Hope Coventry. Chri5 Edwards Wa5 employed by Hope in this period and Andrew Sirnpkin5 is a Trustee of Hope. 18

Jubilee Church. Coventry 11 Grants Jubilee Church awarded 1212020: 1418rants durill8 the period. 712020.. 61 of these We forthe advancement of religion to a total of £30.74312020.. £16.4451. Afi of these were given to organisations wtthin the Newfrontiers family of Churches which is part of the wider work irn which Jubtlee is invofved or to othercharities within Coventry to support the joint work between thern and Jubilee Coventry. 012020.. 31 of these were for the relief ol povertyto a total of £nil12020= £61,501). 312020.. Sl were made to indNiduals to thetotal of £5.76012020.. £5,829). 2 were in 5UPPOrt of the volunteer work they doin8 in the UK & Iherseas and I was for the reliefof wverty. 212020.. 01 were made to otherentrtiestothe totsf of £3.25012020.. 01. These wereto Hope Coventryfor i(s work in the city. 12 Public Benefft The charrty acknowle(*es its requirement to demonstrate (rIY that it rnust have chartrable purpDses or aitns that are tor the public benefrt. Details on how the charity has achieved thi5 are provided in the trustee report. The trustees confirm that they have paid due re83rd to the Charty Comrnission guidance on public benefft before deciding which attivities the charity should undertake. 13 Controlling Party The charity 15 controlled by the board of trustees. 19

Jubilee Church, Coventry Financial Statements for the year ended 31st December 2021 CHARITY REGISTRATION No 1149730 COMPANY REGISTRATION No 8207822

Jubilee Church, Coventry Contents Legal & Admirtistrattve Information Trustees Report ststemerbt of Financial Activities Balance Sheet io Notes to the Accounts li Independent Examiners Report 20

Jubilee Church, Coventry

Independent Examiners Report

I report to the trustees on my examination of the accounts of Jubilee Church, Coventry for the year ended 31 December 2021.

As the charity's trustees (who are also the directors of the company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

Responsibilties and basis of report

I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a fellow member of the Association of Charity Independent Examiners.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

the accounting records were not kept in accordance with section 130 of the Charities Act; or
the accounts did not accord with the accounting records; or
the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in 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.

Signed:

Date: 18th July 2022

Independent Examiners Ltd Unit 2 The Broadbridge Business Centre

Delling Lane

Bosham West Sussex PO18 8NF