Ch*rtry regisrrxiion number I 1.53061
JUBILEE COMMUNITY CHURCH (EG) CIO
ANNUAL RF.PORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
JUBILEE
COMMUNITY
CHURCH

JUBILEE COMMUNITY CHURCH (EG) CIO
LEGAL AND ADMINISTRATIVE INFORMATION
Truste¢J
11 Baptisl
C"MPain¢
(Appiinied 23 ()dob¢r 20231
J B H()Ibrwk
S J Ciunter
C.haritv I￿rnber
I IS3068
Princip*l*ddr¢ss
Juhilee C'ommunits" Centst
C"harlii'oods Road
Easi Grinstrad
KlllY?111.
Auditor
Richard Place l)nlison %eThices Limiicd
1-7 Siation Ro￿1
RIIIO IHI-
B#nker5
Lloi"ds TSB Bank LimitL
co￿t￿erica1 Banking Dii'ision
i Cjreslwn Stre
lffjndon
F.C'2V 7HN
Sollelton
Innoi is Flouse.
108 HiOi
C"raH'Ith"
WL￿1 SILS
RIIIO IAS

JUBILEE COMMUNITY CHURCH (EG) CIO
CONTENTS
P*ge
TrusieL% reix)rt
Sialcment of tru5tee5 reswnstbiliiies
Inde￿ident ￿dI101S rew)n
Laiement ul. lin￿￿la] aciiviiies
9-10
Balance sheet
iaiemeni ofL&sh Ilows
12
Noies io the financial Aaiemenls
C<>MpAL*ffY

JUBILEE COMMUNITY CHURCH (EG) CIO
TRUSTEES REpoirr
FOR TIIE YEAR ENDED 31 A UGUST 2024
Th¢ tn￿tts preseni their atlnual ￿Fort atld financial staiements for thc I'LX 31 Augusi 2024.
The flnartial statcmcnts ha%'c bLxiT prcparcd in accordanc¢ ii-ith the accounting ￿licleS set out in note I to ihe fEnancial
sialements and iompl% ii'iih ihi Chariiik￿ 21)1 l and ilccouniing and R¥rK)ning Charities= S131LrnCni of Recotnrnended
PrJctJce ypli(-.ahle ti? chAriliv% pr¢.roring ihe.ir AL'.LI)Lint.% in ￿t￿r￿AneL. li'ith the Financial Re[￿)rting Slandard applicahle in the
UK and R¢publi¢ of Ireland IFRS 1021 l¢ffLylji¢ l JanuaTh" ?0191.
Obje¢tivts ahctivities
whL￿ approi'irtg (he Lharil!" s objecliies ihe irnsiees arL' aii"arL' of thc Charii!. Commission s guidancL on public b¢n¢fit in Th¢
Advant¢nent ot. KLligion tor t￿. Public Ilenifit and hai'l" had regard 10 it Èn their ￿jMinIsl￿tl[1n (If the charill..
Thc trust¢¢$ b¢lieYe that M. lurther ath'ancem¢ni ol" the (Thrisiian faith and ￿. suptx)rting choscn C'hrÉstian or charitablc
I￿li1U(lU￿ ui Mvik. (tir ilMii1s L41lt PtVYLdr 41 liiirfil Iv di¢ pul)lii h.
providing t2ciliiies for public worship and reli010￿£ and secular education for knth itg meTnbers and ihe Community";
prom()ting th¢ Christian taith in ih
K and o%"Lrseas. through sm"ICkn￿ and othLY aLlii"i¢ics bN" its m¢mi)¢rs. io th¢
benelil ol-indii"iduals and 51Ki¢ti as a ivhole- (ind
providing r¢liLI- lur ihi ￿r and nLL'di and help and comfon for the sick aThJ aeed.
The ChanN s Priman" ()b"ecis are..
To furth￿ the ad%'anLement ofthe Christian faith in the Uniied King<kym and Overs￿ bN'
Pmmoiing religious or Secular ajucation lo ad&'anc¥ th¢ Christian fattlL"
Prol'iding suprK)n to th¥" c(Jmmunii!' through tht relief of the and needl". and the help and comfort ofthe sick and
aged:
. [..n￿urdgIng o&us¢&s activits. d￿￿lgncd to spread the Christian rai￿￿.
Pmi'iding or ￿lsiing in PTO¥LSiDJ) of facilities in the itlterests of social w.elfare for recreation or other leisuie time.
i)ccuryaiinn of individual% in F.Ci and ihL surmuThling area %i"ho have ￿ of such facilities b!. redson ol Iheir N'ouih.
age. infirmiti. or disabiliti. finatlcial hardship or social circumstances i4.ith th¢ tsbJL￿ of impro¥ing thLir conditions of
I'urth<ring such charitablc pury>scs for thc IKncfil of th¢ inhabithnts of EG and th¢ surmunding ar¢& and abso th¢ UK
and globall%' as thL trnSiLCS or mem￿￿rS scc fit froTn tirnL to limc.
Princi
21.4ctii'iiies
I he managemeni ol- all aciii'itiLS relating io the da). to da% op¢raiion of Jubilee ComTnunits. Church. Fast Grin5tead
Ihruugh Ix>th paid siail-and i'uluniiirs
Th¥ donation ul. lunds io r¢la1￿ C'hrisiian ixNJics and indil'iduais trxjth in the local o)mmunitv and in othcr nations to
further ihe objects ol'ihe ¢hariiy
Donatiorts b). thc clwits. are rn￿¢ ai ihe discrclion ofih¢ Lld¢rs in ¢0rt8uIi￿ion M'ith the tn￿lees. These donations are usually
based onle1￿70￿Ship l aifiliaiion raiher than being madc to unr¢lat¢d third parti¢s.
I he Chan￿ is depeThlent up)n a nim}￿ ol factors outside its a)nlml. u'hich MA), 2dv£￿tIV affect the achici'ement fif ils
objectiTru'.
* Conlributions to thL" Lharii) arL all mad¢ on a ioluntaTh" basis. The CIO recoi'ers through the gift aid scheme
.h£rci'Lr rMi%sible_ Total lei'el of (k)naii(Jns and the abilitN' io recoier t&i may chaTLge oi er time.
In¢om¢ is also d¢ri%'¢d from T￿M hirc 8nd 1￿C5. ii.hich is clcarl)" depen(knl U￿)n lo¢al demund for such fa¢ilities.
• Our vi lr￿aS aciitriliis and %"ouih ministr% ar¢ in tum de￿nd¢nt up)n suffici¢nt funding being r¢ceiYed by the charitv.
and ￿OUld need io be prioriiised if incomL was r¢stri￿

JUBILEE COMMUNITY CHURCH (EG) CIO
TRUSTEES REPORT (CONTINUED)
FOR THE YEAR ENDED 51 AUGUST2024
AchIeveme￿ts and perfornixD¢e
Activiti<s
()ILr thL" pasi !'Lar. JubilLL Community Church Iw mainlainLd slmng allcndanci and mLmlYrship. MON than 400 indii iduais.
inLludin¥ 31M) adults. aLiis<Ii p)thiLitKIlL in Lhurch ￿lI"ll1l￿ and Loniribuie 10 its Lx)mmuniii' lifL. BLI'()nd fosiLring Chrisliaj
di￿l￿lL*l)ID and trJitking. IIL Lnc(>urdgL tTiLmlLTS to join onL of thL In￿) church tLams. M jth appmiimdtLI) 55 /0 ()[' adthi
MLIn￿r5 engagLsd in ihis li'a>.
Uilr mis%rvn is iv connccl ii.ith indii iduals and famil1L￿ in ihc MidLY communi1￿ thho mighi noi oihcrwisL ha%L comact wilh
To achieve this. WL organisi ihildren s activjties and famil%-l(Kiised Li'iryjis alongside OLLr %iLndai sen'i<es. 1)iir i'ouih oulr¢ad)
remciins sin)ng. ()tTerin¥ SiJnda% and midM'LYL meL'iings. Irips. SLunmLr Lamps. and open iiTruih grvups. %imilarl%'. our pro￿8￿5
tor ih(Trse oi'¢r 05 c(IniLnllL ICI ihrihL. fL-diuring xKial giiihLrings. siudi" ￿TrUps. and sh(In mai ixiii Is. (Ill siiprK)rted b%" (Trur
exLellcnt centre facilitie5.
"ThL JubilL¢ Ilub. l(LunLhed in ?018. Lolliinues i() flourish &s a dal.lime soLial ¥aihLYing for I￿liVIdUalS faLe challenbJl￿ lll
corinLLting ii'iih thL"ir cnmmunit}'. 'this inilialive. ii.hich is Imrticularl!. be￿IlLia1 for adults with ￿ld1110[￿ n¢e&8. losleTS
IriLnd5hips SLlPPK)rt.
4e Lni()iJr8gi inliJnl¢Lring in hma(l¢r iY)mmiiniii' pmjLYlS. in¥liiding %pIirgL￿n,8 la famih.
and childrLn's LhariTh'i. tlic loLal F'(K)dhanL. /amhia 1.ifc lan o￿l￿1ageI. and a i Iganda ii"atLr prnjLct. AdditionallN'. IIL
ini L%i in gliil¥al gi)%tKI i)u¢r¥a¢h. P￿IrtnL'nnQ ii"Iih churLhes in other nwions io supwrt chureh planting. ILadersliip d￿.￿lOpMeN.
and ¢Onl￿&S1On31L programn1￿ tnr th¢ tMM)r.
-lThi JubilLL" I'.UTnmunil)' (.enlre. ii.hich h4LS opkn lor over 15 ie4YS. u)nlinues (u lullil 115 ori£inal i ision. CuNenil>. I
enLfL' hosL% b¢iiiLLn ? 500 wid 3.(XM) Yisiiors each M"eLk. sen'ing Ls d i ith] hub tor churLli and communiiN ￿[]1.111t5.
Stallin
& Volunt¥¥r5
"ITrL charit) Lmpl()1'% 24 S￿11.. in(l￿1ng ihrL* ol-ilK' Lhurch s seniur lea￿L￿hIp i¢am. DnL O-18s LXH)rdinaiors. a LenirL n)an41gtr.
earLtdk"er. fi￿LL m￿￿￿er. Iwo churLh and imu Pilri lime rLLepiiunists lu M'iih thL running ul I
C()Tnmunitl' LLmlre.
The church is also htrai'il%" dLwi¢kni on i"01￿1￿￿YS who IrLYl%' gii'L iheir lime io Lnable mani. of thc chariiahle aci1% iiies a￿1
hurLh ministri¢s lo tak.e plxe. IloiTh"ei"er. we rejnain delighted ai the large numirr of i￿li￿.]dual% who Ik) supwrt the Lharili
this mdnner.
Financial review
'Ili¢ ih4irit% r¢Ltiv¢d ￿tal income of £68&189 durirL8 ihe %'ear ended 31 Au8USt 2024. This compares Iv £657.235 during ik
pr¢1'in￿5 l'ear.
Inc()me included £83.8()6 refi]]Mkd on tiying the Gitl Aid SclKmie and ltra8e and renthl inLome c)f £156.695 from Ik
Juhilee Lommunils CLntre. -Ihe i.asi majorill" ol IhL fL'maining inLM)n)L H"as fttLiI"LMI Irom mLmkYs ol" JubilcL' C'ommuniN"
LhurLh on A volunian, b&%is.
Ol'the lo(al rei'enue ¢xpendilure of£711.4$8. £327.90] 146%) relaled iv slaff LXTrSls.. £84.551112*AI was Rrdnied io indii'idua5
gr ()rganisaliotLS e.xlernd to JulTrile¢ C"ottLmunih LhurLh in pursuit uf the ubjec15 o1-Ihe and ihe remaining 4211/th ¢ovLYoJ
t￿lIniNgY and Ll)nferL'nLL U?%ts. hiiililing m.?InienintL ancl thihLf Lhiireh Jdmini.%112ti%'e Ll)%lS.
Th¢ charit￿. sullered a d¢liiil L)l-£93.269 in tF¢ Iw. ¢ompar¢d io a d¢fi¢il of£4? ?75 in ih¢ pm'ious VLW.
Nkt cutrcnt a53c15 a¢ J I" AusuA 2024 VI￿[( £82.334 1202J- £162.8? J).
Kl￿lf¥￿￿ broughi r()rwanJ Ir()In 2023 Toiall¢d £2.887.3￿. "IThLY Ikcr¢a5cd ts) £?.8fyS.121 M. 31" Augusi 20?4 of which Ik.
majority was d¢signatcd Building Trunds tid up in lh¢ Jubil¢¢ Communil!. C¢ntr¢.
JWIEE

JUBILEE COMMUNITY CHURCH (EG) CIO
TRUSTEES REPORT (coiYfINLTED)
FOR TIIE YEAR ENDED 31 AUGUST2024
I'h¢ r¢sm'es ar¢ di￿.ided betw.een Re5tricied totslling £25.04] and Unre51ricts￿ funds totalling £2.839.080. of which
£310.749￿¥ Cicn¢ral luJvJ5 £* j?8.331 ar¢ I￿￿1¥￿a[¢d funds Iprimarili. th¢ Building DL￿12n￿l¢￿ Fundi. M"hiLh is usL.d f()r
Ihe tnainienanLL gLner411 runnin¥ Lusis ofihL building ihft)uÈknui Ihe l'ear. ThL CJcJiLYal Fund Ik')lance is mangg¢d in ¢nsurL'
that lh¢ ¢hariti" holds the six months 0￿rating thpeAse5 as required und¥Y ih¥'lrusIL￿ risk managLmLmi wliJ'. Ai 31. August
91124. tlK.CJLnLfdl tundy rLpriSLmlid 3-6 monihs Ot.unrL￿trÉcl￿￿ OPLYatin4 expen%￿. lkne church h&8 significant cxpansion plan3
Includin£￿.%el0pMlnl ii.ork in adjaLLni i'illaeLS io Easi GrinStr￿d.
Plans forfuture period5
Our Lore objLLLII'L rcniains to focus on actii'ities that enable the spread of ihe Chrisiian gospel through local church
c¢)mmuniriis. kn(h in thc IIK and Ovcr5c￿. Ilc hopc to 5cc our rncmb¢Tyhip and att¢ndan¢¢ grow liirthcr during lh¢ ¢oursc of
the ne.xi12 months. wilh our focLLS on r¢aching all ag¢s.
We ii'ill 31w ¢i)niinue io ini'egt in ihe Jubile¢ Communits. C¢ntrL'. in orikn ts) malimise the benefit to ihe Ioc31 communits..
m&iimik'ouT incom¥ and a¢¢Lltta¢L ()ur d¥'bi r¢'E￿I"M¢nt if in¢ome pemiits.
Structu￿* gov¢rtt#n¢¢ and mAnag¢m¢nf
The t￿I￿L￿s Mho serned during the i and up io ihL dale of sign*urc of financial statunenLs ￿'ere'.
l L Ilar¥
H Bapti51
N tX)Mn
MJEJem
CMP(11
' StrasJ'Jski
J Il I lolbnx)k
S J Guntsr
IRcsiwd 27 Nov¢mirr 20231
IApwinied ?3 (ktober 20231
'I'he ¢h¥irv was regist¢r¢d on 2) July 2013 and is govemcd bv its con51itution d*ed 25th Julv 2013 a￿1 alnended on 5th January
2014.
ThL goi¢Thing documLni proi ides lor a minimum ofihree truslees. M'ho Tnusi ￿ MeTn￿r5 ofJubilee CoTnmunil!. ChurLh. Eas(
Cjrinstegd io administer and manag¢ lh¢ ¢h3riiX" cOn￿lt￿led as a ¢haritable ineorw)rated oro2nis2tion ICIOI.
Ai iicTh ￿nUal gLllLTal TllCCtin£ ol'thc mcmbcr5 of the CIO. subscqucnl (o liN Atim. onc-third ol'thc charity. trus(ee5 shall
rL'iif¢ tron otlice. TheTr' caEi ihen be reaptx)inted or t￿t￿e¢S dppointLd.
The IK)th.of tnjstees M'orks i'en. closeli. w'ith the senior leadership of Jubilee c.ommunity. Church. IlThilsl upholding their Icgal
rl￿sA)nSIIllilie5. the trustees IIM)k io the church leadership tcam for oi"Lfdll i'ision aThJ dirLLXion.
Jubilee Communih. Church is aifili*ed to the "New Ground- famil J ofchurches and the senior leadership of ihe church looks to
¢¢rtain ILadLrs in this ii.idLY colnmuniii Ivr pk'rs()na] and spiri1u￿ insighL as Ii'ell as tak-ing adi'ice on goi'timance
Structumand issucs.
The irulltts OEKrate a child protLxlion and i"ulnerdble ￿n$ tx)lic!' and pcrtomi rou(inL risk assessmLnts for all church
actii'itie&llvdlth and satety. consideration is 8iien kn staff and the public environments in ￿'￿tCh the church operates.
inwees are proi ided m.ith intoThnation the charih"'s obJLttii"L￿. aciii'ilics and rcLLni fin¥J)¢ial ]xssition. IknL)' attLmd
Irusict llK¢ling5 as an vbs¢rn"rr Iv ¢T]4tbl¢ ihcTn tu und¢tstsnd thLir IL¥d] ￿lL IrswnsibililiL

JUBILEE COMMUNITY CHURCH (EG) CIO
TRUSTF.ES REPC)RT (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST21124
Risk M%nagement
-I'he Iru%ieLS h(Il"L (L¥SLSSLd the major risks to ￿h1¢h ihL chdfiil. is L¥FK)sLxI. al￿ arc salisficd that Si'5tLnis are in place lo miiigat
¢xp()surL l() th¢ milj()r risks..
ThL tn￿t￿Ls hav¥ a risk TnaniE¥wn¥nl slTrlLg! thdl ComprtK￿=
nudl rLN'iLlI ()fihL risks ihai ihL ('[() mi¥hi fa. Le.
thL L5tabli%hmLnt ol's%"sILtns & Pr[KL￿UrL'S to miligalL' those risks identified in IhL plan.. aThJ
thL ifflpIL'menlalion ol. prOc¢dUr￿ d¢S1￿¢d iu minimise an%" wt¢rtiial Imp￿ on the CIO should ihose risls
maiLriali%i.
A kL}' LILmcnt in th¢ managcmcnl ol'fitwnctal risk is th¢ s¢tting of a reserTres TX)lic!' and its regular rei'lLifv bN' Ihe inistiLs..4sa
LonsL4IILnLL ()I'ihL piirLhasi (Il-IhL ihurlh hiiildin& ihc C'l() h&5 ¢niLred inio a LointnLrcial 11i4m 4¥rLx'tnenl tii fiind IhL purLh(
and the ini51LL￿ will ni)i ￿)Id LIiLEISiIL Lash ￿￿'r￿¢S in ¢urrLiit and ditK)sii &¥ounls ihat mhghi oihcTh+ise olysd knrroifving. "Il
L'IU li ill. hoiiLILr. riiain sulliLiLlll lunds io ihrLY months" opLMing
ThL ITLlS(eL's ha%'L' tdk"<n ihe <ippribaLh li) prn%in"¥ Lash ivhLYL' pNibli and cons]dLyL￿ sensible to do so. whilsi also balanLin¥
LhLifLh's aims and objLxii%LS l() bc gLnLn)Iis ivh¥rL' appropriaii and pn)i'idL lor the PKX)r.
The in]stees repx)n li'&8 approb'L%d bi. IhL Ik)ard ol"TrUste￿.
(' M Pai.
Trustee
TrosTte
Dai¢-.
10 February 2025

JUBILEE COMMUNITY CHURCH {EG) CIO
STATEMENT OFTRUSTEES RESPONSIBILITIES
FOR THE YE4R ENDED 31 AUGUST2024
The irurt¢es are reswnsiblL fur preparing the Trn5ttts Rc￿Trrt and th¥ fin￿181 Sthi¥Th¢nL8 tn aLcordan¢L' M'iih applÈcable law
and Uniicd Kin?dom Ac¢ouniin2 5ianilatds Iunitcd Kingdom G¢ncra]1!".4ccWDJ Accounting Practicel.
-I"h¥ laH Jppltcahle to chariiies in F.ngland and Wales requires the inLS1eL￿ lo prLpare financial sthiements lor ¥ach linancial i'Lar
.hich 211¢ a IruL and fair view. of the stale o( affairs of the ¢horiry' ond of the incoming re&surces and application of rcsourccs
ol'thc ckniti fnr that i'w.
In preparring these financial sthiemenis. thc InLSt¢xs are required to:
- seleLI suiiable accouniing ]x)licies and th¢n appl%" them ￿n5]S1¢n11V-
- obsep¥Yihe mdhods and principles in the Charities SORP.
- mak'¢ J￿IE¢M¢nts and cstimates thal are rvasonable and Fwudent:
sldLL i)k.IlJLr 41ppIiLiiblL dLLiTrUtiiing Sliwdards ha￿.¢ b¢¢n folloivciL subjca u) anN' matrrial depanurcs diKIosid and ¢xplainLd
in ihe finjncial siaiLmLni%.' and
prLpaTtihe financial stalemLnts on the gotng ¢on¢ern b￿1$ ￿lesS it is inappropriate to presume that th¢ charitN' ￿.11] continue
in OPLralNIn.
The tnJ%lees ?TL res￿nSI￿le for keepin4 SLifficieni ￿tOu￿tIng records disclose v4.ith redsonable accuraci. ai anN' time the
financial rAisiiiiin of ihL charii%' and ¥nable them io ¢tLsure that the tinancial slatements compli. IN'ith the Charities Acl ?01 l. the
Charii!. IAicounis and RLP)nsl RL2ulaii()tLS 2(K18 and th¢ pr()i"isi()ns of (h¢ trusi d¢¢d. Thci are also rcsTM)nsible tor
salLouardin£ th¢ chariti s ass¥iS anij hLnLL for taking rLxsonablL slep5 for the prevention and detLrlion ol. Iraud and othLr
irrequlariites.

JUBILEE COMMUNITY CHURCH (EG) CIO
INDF.PENDF.NT AUDITOR'S REPORT
TO THF. TRUSTF.F,S OFJUBILEE COMMUNITY CHURCH (EG) CIO
Opinio
WL have dudiiLd ihL fin￿Lia1 sialLn)Lnis of JuhilLx Comniwiil! Church 11--&sl (Jrinsl¢41di Ihe Lh￿Ilabl¥ inLortK>ratiil
(TrrgJnI￿t10n for the erMl¢d 31 Au¥us12U24 uhiLh Lon)prisL- of ihL siatLmint ol linan¥ia] acli%ilits. Iht bd1￿cL shLLI. t
statLniLtit ol. C￿lSh 10 iht lin￿Cial siaiLmiillis. iniluding signilicanl ￿c(l￿nIjng ￿1]Ll¢S. "IThL financial ritK)rtir
raMi￿v￿rk that ha% IK"Ln appSLI'd in thLir prLpdfdtii)n is appliLiiblL laii" and LjnliL￿ Kingdom Accounling Stand￿dS. inLludi
Fin￿￿1￿] KLtxifiin¥ SI￿dard IV? 'I'hL F inaniial RitK>rtin2 %tJTrJard applicablL in thL" IJK dt]d RLpubliL Lif Iriland IUnit¢d
Kingdom Ci¥nLrallv Actti)ILd AcLuTruntin¥ PrdLiicel.
In our opinion. the linanLial stsiemenis:
giv¢ a tr￿- and lair I'l¢￿ L)r th¢ si*e of the charii!" s atTairs as * 31 Augusi 2024 and of its inwnjing resourLes aThJ
Jpplicalion Ol'r¥￿}UrlL5. fi)r the i"¢ar Ihen ended:
haiL IK"Ln propLrl!' preparLd in <tLLI)rdan¢L li iih Ilniicd Kingth)m Cjenernlly Accepied Accounling PrddicL' and
hai'i bl-in priparl-d in ￿LOrdanC¥ l￿- r¥yuifLXninis of1￿. C'hariiies Aa 2011.
Basis for opini•0
'L LC)iiductLd our 2udÉt in accordance w'ith Iniernaiional %thndards on Auditing 11 IKI IISAS IIIKII and applicable 12M". Our
responsibilit1L￿ undLr tknsc siandards arc turth¢r d¥xrilK'd in the .4udil()Is reS￿)nsibIlitil￿ for IhL audit or IhL lin￿7ClaI
sialLmL'nts sLLlii)n ot-our rLp()rt. II'L arL ind¢p¢nd¢ni ()I'ihL rhanl!" In aLC()IdanLX' li ith ihL iihical rcquiremLnts ihal are Tel¢K'ant
to ()ur audil ol'thL litLanLial sl#ilLrynLnis in IhL I'K. inLluding thl FRC s l-.thical Standard. and ii"L haN'L luifilled our IbthLr Lthic41
reswnsihilities in aLxordance ￿'1th ihLSL ￿,¢ bcliLI"L thai aÈMIii Ll'idcnce M'c have obtsind 15 5uflicieni
appr()priaie li) provide a b&gis for our opinion.
Conclusions relating tt) goiTrg confern
In audiiii)g il)L linan¢ial staiini¥nL4. I%"L haii coniluded lh￿ ihe iru￿ecS use of ilK' going conccni basis ofaciouiilino in i
pr¢p&IT￿l(l￿n ol. Ihl. lin(LnLial SirfilLmLmis is appropriaic.
I1￿Ld on ihl Ii'ork ib'e hai'e ￿rroM)ed. IIL haic iiol idcntificd am. malirial unLxrfainiiLS fLlatÉng to iNcnts or condilioiis I
indii"iduJllv or LX)IILLlivLlI. ma) L&SI SiJ(¥ Iilicani doubi on ihL chariTh' s ability. 10 continue as a going C4Hhcern for a PKYiod of li
l¢&si M¢l%'e month5 from ii'hLn Iinancial 51atL"m¢nts are auihorisouj lor i$su¢.
Our restx>nsibilities and the respTrnsibilitits ol" the ￿JsilyS ￿t(h r¢S￿¢1 io going con¢¢m are descri1￿d in (he relei'ant sLL￿10
ol-lhis rL'w)rt.
Other information
Th¥ Othir infiTrnnation comprik5 thc inlorniati(Trn incl￿ed in the annual repK)rt other ihan thc financial slatetnenls and
audiior's Tcpon ih¥Y¥Y>n. Th¢ IrusiLx￿ arc rLSFx>nsiblL for ihe c)Thei infumi￿1On conthinLd iliihin lh¥ annu81 rcpon. ()ur opinim
un lh¢ lirt￿ClaI siaiLmimls nol co%'iY lh¥ oih¥Y inforniation and li'e do nol L*p[L￿ lomi of assurani¥ conclusi
therL'on. Our rL'SFK)nsibilit% is lo rLad thL Othlr inlormation antL in th)ing so. consider ￿h￿hLr th¥ othli infornialii>n Is
maiLriall!' inconsistLml l%ith thL financial stal¥mLnts or our kno￿"ledge O￿aint￿ in t￿. coursL' olthL audil. or oth¥r￿ls¢ i)prrt7S
to bL' maiLriall%' misstatLd. If i%¢ idintifi. such maliriai incoftsisiLry)ciL% or apkYdfLni maiLYial misstat¥n]im￿ arl" rcquirLd
dLYLrmini M,hLthLr ihis gil'l￿ risc to a mal¢rial rni55tatemenl in ihe finanLldl siaiLYnLnis ihcmkj￿￿. If. bascd ii"()rk ¥e
VL PLrfornil￿ Me Lonclth thai thLrL is a m￿lri￿ miS5UI¢Tn¢nt ofthi5 infDmiaiioL ive are rL'4uircd its rLWJrt that fart
We have noihing to rewrt in this r¥'gard.
Matters which wt art rtquirtd ¢0 report by exteptio
We hai"e noihine io rep)rt in rL'SkxxI of ihc folloii.ing matt¢rs in relaii¢)n io which ￿ CIwiiiLS (Accounts and R¢￿)hI1
ReEulatiotL% 2008 rLxiuifL' US to rLkX)ll ¢i) i'ou if. in ()PlllLQn=
tlie inlorniation gii'cn in thL Iin8nLi3] siaiements is inconsis￿1 in an!. matcrial iliih thc trusie¢s rep)rt: or
uIIILiLiII ilLLUUILIiJi¥ I¥iv141J li<lVf ILVI kLyi-
thL Ilnancial staiemenis arL' noi in agrecmLni iviih thc accounling rLYor(Ls- or
'¢ hdY< nol ric¢ii¢d ￿] the inlorn)ation and eiplanaiions rcquirc lor our audiL
<NiklUkliTY

JUBILEE COMMUNITY CHURCH (EG) CJO
INDEPENDENT AUDITOR'S REPOIU (CONTINUED)
TO THE TRUSTEES OFJUBILEE COMMUNITY CHURCH {EG) CIO
R¢spOTr￿bl1j1L¢s of trnstees
As expliiillL(I miTrre fiilli. in the. giaiemeni ol. Iruslets rl￿F￿nSIbll1Iies_ thL inJslLX% are reswtrnsible lor thL preparation ol- the
rinancial staternLnts and for k.ing satisli¢d ihdt theK" gii"e a truL arml fair i'ithl". and for such iftterndl contnil as the trustLYS
ditimiint 15 tiLfLSSaTh' to ¥nable ¢h¢ prepdrdiion of financia] sLaiemLnts ihw arl frix from maierial mi5Ststernent. Ivhether due to
Iraud oi LTTQf. In prcpariji? the fitiaiiiidl sldLLJ)IrJils. dir IruslLI7 rLspVi￿[b[¢ fur iL55L￿51￿g the chuTi(1" s abilip. to coniinuc as
going oincern. disclostn& as applicablL. maiiLfs related io going conccm at]d ￿￿]￿8 thL going concern basis of accouniing
unles5 Ih. InLStee5 either inrind io cLase Ok￿li0[l$. or hai"¢ ￿ reaiistir alt¢rnaiiv4" bui to do so.
.4Udito￿S reSpo￿51b11ltles ftsr the ludit of the s¢*¢¢Dhents
W¥ l)av¢ be¢Ji apix)IlllLd ￿ iiudilur uiidLf JLxliuii 144 uf IIIL Cli1￿1[1￿ ALI 2011 and in ac¢ordan¢¢ ivith the Aci and
rele¥ani rLgulaiioEL8 made or haTr"ing effect there￿nd￿.
Our objthiives are io obiain reasonable ￿ alx)ui lih￿her the financial s￿lements as a w'lK)le are free frorn material
misstaiLrynLrylI. ii'hiiihLr due to Irdud iir crror. and io issue an audiiols r¥rK>n ihat includLS our opitLiOll. R￿￿Onable assurancc is a
high l¢%d lif ossur4nLL bul i5 not a guarantcc th&t an a￿11¢ conductKd in accordance ii'iih ISAS ILK) will alii"a)"5 dctcrt a
maicrial nL35tatimcni %YhLll il exists. Mis$tai¢mrnts atisi frotn fraud or cir(pr wid arL ¥￿1]S1d¢l¢￿ niairTji11 if. illLii% idualli ur
in thL aggregat¢. thJ' could rvdsotmbli" be expeLied io influence the ITOTK)mi¢ decisions of users iak.en on ihe basis of thLV
rinanLI?c l %iatemLnis.
IrrtgularAi¢s. inLluJing frnud. are insthn¢¢s iTrf niin-iotnpliani¢ i%"ith laii"s and rtgulaiions. Thl ubj¥iliN<5 ofour audit ar¢ to
obtain s￿riCle[It appropria¢L audii Ll LdertLY rr¥atdin¥ iotnplian¥e iTrith laii'5 and rcEulaiions ihai haie a direLi elTeil Oti tli
d￿L Tminjtion of maiLrial amounis and disLlusures in the financial staicmenrs. TO rwfomi audil priKedures lo help idLntLli.
ill51anLesol' non-Lomplianie li ith othLY laii's and rLsoulaiions that m￿. hai'e a r])w¢rtal LtTc¢t on ihL finanLial s(aiemLnts. and
resp)nd zppropriaieli. to identilied or suspcctcd non•compliance ii'iih laii"s and re£ulalions identilicd during thL audii.
In rLlaliffl to fraud. Ihc objcciii'cs of our audit are to ideniih- and ￿5¢s5 ihc risk of matcrial missthiemeni tst. the financial
staietnenL% due 10 traud. to obiain suftici¢ni appmpriaiL audii ei'idence regarding the ￿essed risks of mai¢rial misststements
due lo trjud Ihrough d£sionin£ and implunLDiing appropriaie reswnses and to re5FxJnd appropria￿1} to frnud or suspeLxed
fraud iddtilied during the audit.
HowLILrii is ihe primaTh reswTrnsibilii)' ofniai)agvmcni. li lili Ihe oi'ersiuhi ofthose charged w.ith goi'cmanc¢. to cnsuri iliai ihL
Lntiti, s LVfJtions are conduete(l in a¢u>rd￿Ct i%'iih ihc proi'isions ot-laH's and r¢oul3tions and for ihe prci'LYition and detection
ot Irdud
In id¥nlitbing ar￿ ￿eSSing ihe ri5k5 Ot'mat¢rial misslatLineni in res￿th of irregularilies. includitlg fraud. Ihe audii ¢ngagemen(
ieam enquirie5 Ot" manageTnenL and th¢)s¢ charged with goi'ernance. regardi118 the procedur¥s relating io id¥ntits'in
Cialuati￿ a￿1 complying ￿'1th..
laws and rLgulations and M"IILthLr ilw. MirL" aiiarL ol-ani" ul"nvTrcompliance'
2. ￿￿L￿11n9 and restxjnding io ihL risks of frawj and ￿h¢1]Ky (he%. ha%"e knoiiled£e of actual. SUSFttted or a]ILged
3. thc internal controls estsblishd io mitigat¢ risks rclatLxI to fraud or nonthcompliatitt li.ith laws and regulations;
A¥ a rL*di of ih¥¥L pro¢L￿urL￿ 7Ai LOtL5idcr the mosi si£nificant lam's and rLgulaiions ihai hai"e a dirLXt impacl on the fi[L￿ClaI
giatementr 2re FR% I ll? (Teneral Dala Protection Regulalions. Chariries Aci 201 l. Charities Statement of Re¢ommended
Vraciicc Jnd empl()}"mcnt laii. and regulations. We perlornied audil proccdures to delecl rK)n-complian¢e. ii.hich ma& havc a
maierial inpaLi on ihe financial statements. These lnLIudL￿ rL%'iLnNing financial stalLinent disclosures and eTraluating adi'ice
1cccii.cd from cxtcmal adi'isors. Ih"¥L %¥¢K¢ biyiifiiiUi( <uiJ tr¥ulÈiLiuns JLLttLLd as hai'"illg an indireci impaci on ihe
financial stslem¢nts.
l. Revenue reeognition - this wa4 tested substanitvel!, for rents] and lease income. u'e perfornied proof in total testing
oi'er grdni incomL
2. ManagLmLml oi¢rridL' (Trfwnirvls - M"C TCI"Tcw'cd managemem accounts and large ji)umal% tn di%ix)i'tr an), ￿[dEnce nf
anagement oi'LYride
3. Valuation of trLLhold buildings- Ihis has t*en ie51ed b%" rv4"iewing th¥" dlyftxiaiion calcu1￿10nS and ihe residual value
ssumpiions made b%. the I ru5tcc's w maTk"d da

JUBILEE COMMUNITY CHURCH (EG) CIO
INDEPF.NDENT AUDITOR'S RF.PORT (CONTINUED)
TO THE TRUSTEES OFJUBILF.F. COMMUNITY CHURCH (EG) CIO
A lurther dLSLripiivn ofuur resTM)nsibiliiies is aYailablL" on the Financial RcrA)rting C-ouncil s w￿￿11¢ ai: hllps-1l￿Tr￿..fr¢.{1rg.Uk1
audii()rsfLsrM)nsibiliti￿. This dLwriNion fi)rnis pan ofour audiiorfs rep)rt.
Other matters
Ilse of our report
-llii8 r¥rK)rt is niadL solLIN' io ihe LhartTr-s lrusiLx￿. a Mx1I'. In accori]ancL ii'lih pan 4 ofthL ClwliiLS I.ILcounis and RLrx)ns1
Rcgulalions 2(M18. 1)ur audii ￿'0T￿. has ￿￿n undLnakcn so ihai ii'L miÈhi siaiL 10 IhL chariii s (rusiees thos¢ mailers i%"e aTL'
reouirid lo staiL to ihLIM in an auditorfs rLP)rt and foi no othLT purrA)se. "lo the tullesl extenl ￿millItid hv laii. i¥"L nol a¢L¢VI
or &ssutnL r¥srA)nsibili¢v to anvonL OthLr ihan LhL charit}. and ihe LhariiN' s IrusiLes as a tN)d)". for uur audii worL for this re￿)[L
or lor IhL opinions ii'L havL lomiLThd.
Richard Place DOb￿Th Serwitts l.imited
ChArlered Atcou￿tants
1- 7 Station Road
C'rnwley
'esl Su55ex
RHIO IHT
18 February 2025
is Lli¥iblL l(?r 41PPN)inimeni ds Iiudilor uf the clwit)" ￿. bÉrtue of its ¢ligibilit)' for aP￿)in1￿¥￿t audit()r ora ciTrmpan)' undBr
seLlioTr 1212 0l-thL LompdniL5 Aci 2006.
(oMAwNITY

JUBILEE COMMUNITY CHURCH (EG) CIO
STATF.MEwf OF FINANCIAL ACTIVITIES
INCLLDING INCO.MEMD EXPENDITLRE AccOu￿r
FOR THE YE4R ENDEIJ 31 A UGUST2024
Curreni fin#n¢i*l vear
Utsrt5tri¢ted UDrestricttd
fund5
gtn¢rnl
2U24
Restricted
fund5
Total
Total
designlied
2024
2024
2024
2023
Income elldowments from:
Doli(Itio￿ and l¥"a¢iLs
Charitabl¢ actil ilies
IIiic5tin¢n15
her itwm¥
4?8.176
179.853
j9.j4i
18.818
1.5
446.994
181.3)3
59.)45
297
421.292
174.007
58.941
2.995
Tot*1 inr•me
667.¥71
2V.31¥
6¥¥.189
657.235
Expendiwre on:
1'h￿irl[l￿ bli acrii'iiies
IA8.429
31.717
31.312
711.458
699.510
Total tJpndlrnre
IX.429
-11.717
-31..112
711.458
699.510
Nti iTrcomelltxpendilurel
lil.7171
110.9941
123.2691
142.2751
Trdnsferskiwccn fund5
111 ?821
11.28?
Ntt in funds
8.160
131.7171
288
123.2691
142.2751
Reeon¢il#tioD of funds:
l.-und ballJlLL'S dl I SLyic¥niKr 202)
334.306
2.328.331
24.753
2.887.3
2.929.665
Fund biFan¢es at 31 August 2024
342.466
2.496.614
25.041
? 864.121
2.887..i90
'lTh¥ biaionLni of litwjcial acti)'ilies includcs all gains and lo$sL￿ rLYognised in th¥" N¢ar. All incom¥ and ¢X￿ditUr¥ d¢ri%"¢
frvm li)￿nUing alli￿]lIL$.

JUBILEE COMMUNITY CHURCH (EG) CIO
STATEMENT OF FINANCIALACTIVITIF.S {CONTINIJFD)
INCLUDING INC".OME AND F.XPF.NDITIJRF. ACCOUNT
l¢UR IHE. YEAK JI AUtiUST2024
Prior fbD4nci•l year
(Imrestricted Unrestrkned
fund5
futtds
designated
2023
Restrict
fuDd$
Totsl
2023
2023
21113
otes
Income #nd endowmtThts frnm:
DO￿LIVA￿ tiiid lil?aLIL
C'haritablL aL1ii'itie5
Ini"LStmLnt5
Othcr inwm¢
396.671
174.1)07
58.1141
?.995
24.621
421.292
174.1107
i¥.941
Tot41 iDeOIDt
63?.614
24.6?]
657.?35
Expenditure OD:
C'hari111 blL (ILIii iiiis
1116.¥46
699.510
Tolal txpendits
j9?.6fA
106.846
699.510
Net int•melltxpendilurtl
39.Y50
182.?25}
14? ?751
Trart51ers ￿lWttn funds
110.5791
2.130.848
12.119.969)
Net movtmettt in funds
?9.371
2.130.548
(? 202.1941
{42 1.,51
Reconciliation of funds:
Fund bdldnLes <11 1 SLPILmLx'r 21122
304.935
397.783
2226.947
2.929.065
Fund bal3Dfe5 at 31 August 2023
334.31K
2.528.311
24.753
2.8%7.3
10
CoMAMJN￿y

JUBILEE COMMUNITY CHURCH (EG) CIO
BALANCE SHEET
ASAT31AUGUST2024
2024
2023
.Notes
Fixtd a55ets
lan¥ibl¢ 358¥
13
3.014.753
3.060,405
CurreTrt issets
D¢biui
Lash at knk and in hand
14
?8.079
178.365
37.780
249.904
21kn.444
287.684
Crediton: f*lling dut within one
Y￿Ar
15
112J.1101
1124.861)
Net ¢um•t #ss¢ts
82.334
162.823
Total a￿t8 less turreDt liabilities
3.097.087
3.223.228
Cryditon: amounts falling due *fter more
than onevtar
16
1232.9061
1335,838
2.8(A.121
2.887.390
The funth of tht cbarit).
R¥blriL1e6 illLI)iiIL funds.
IlnrL'sifiL*d tun¢ls - 2Lneral
Unr¢%iriE*d fimds- d¢Sign￿¢d
19
21
20
25.041
342.466
2.496.614
24.753
334.306
2.528.331
2.864.121
2.¥X7.3YU
Thc fina
"mcnts were apFKoved b). th¢ tTUSt¢¢s on..!O Feb.w..2025
E IlariL
Try$tee
C M Pai'ntr
T￿Slee

JUBILEE COMMUNITY CHURCH (EG) CIO
STATEMENT OF CASH FLOWS
FOR THE YEAR EIVDED 31 AUGUST2024
2024
2023
Noles
Cash flows from operating activitie5
Cash ah50rb¢d iTrr&rati()n
26
117.991)
138.8941
Investing 4ctivities
l)(1rLh￿Lsi ()l-lJn¥ihl¥ liicd &ss¢ls
Ini'L31meni incoffle rLXLiVLd
18.6801
59.545
113.256)
58.941
Net cash gener*¢ed from iThv¢stiDg artivities
50.865
45.685
Ftrt*ncing activities
R¥p%l}mLiII i)I' bank Ii)ans
(104.4131
170..1131
Net C8sh ustd iD fill*ncitt% aetKI'ities
1104.413)
170.3131
Net de¢rt*se li cash 4nd fash equivalents
171.539)
163.5221
Cash and cash ¢quival¢nts ai IKginning of
?49.IAM
31.3.426
c.ash rx5h v4yiTr'#lrnts ¥1 t￿d yt*r
178.36)
24Y.9t4
12
JUWLEE
coMMuNIIV

JUBILEE COMMUNITY CHURCH (EG) CIO
NOTESTO THE FINANCIALSTATEMENTS
roR TIIE YE4R LNDED 31 A UGUST 2024
AttouTrting policies
Cbarity inforjnatio
JubilLL C"ommunilN" C'.hurch IEasl (iritLsieadl is a Charitable In￿ry￿raId Organisation. r¢gistcrcd ￿'1th ihc Chari
Cornrnission tiir England and MalL% Inumb¢r 11 *3068I. prin¢ipal addr¢&% as %et ou¢ on page 2. Ihe chariiv Lon81itu¢es Q
public k.nilit Lniil)" as d¥ii¥Kd bv F RSIO2.
litWLcial stailmints ha%L bLx'n prLyared in aiLordancL Ii'iih ihL ChatiiablL Incortxif41ted Org4mi5¢ltion ILI()I
xKiation co￿tiTution. Ihc Charitics Act I. FR% 10) ..Thc Finan¥iai R¢poning %ttwdard appliiabli in ih¢ UK and
RLyllbli¥ of I￿"land. i-F'K% IO•-i and ihL c-harillL￿ %()RP "ALLouniin¥ (U]d RLtKTrriing b￿ Charities.. %tJiement of
R￿1)MmL￿di￿ PnLXiLe &rypplkcihle in Lh.qritips preparing iheir Ali￿lin1$ in iLcordaniY i&iih the l--inatKiLII RepK)rtin
lJndard appliiable in the LIK and Republic ()[ I￿lartd IF'KS 1021" l¢ffcitii"c l JanuaTh' 2(JIYI. I he C'IU is a VubliL
B￿"fil Fniiti. as difinLxI bN' F'R% 102.
Tr IiJi£UILidl s1(tlrisirnls hdir dLljd[iL￿ rtvm th¢ ChariiiY5 and Rwrt5) Rcgul(llion5 2(K)8 only to ihc cx(cnt
r¢wirL'd to pro&idi' a truL and lair % iiil. lThis ￿TIan￿re h&$ ini'oliLd folloi%ing ihc %taiLmeni ol- Recommended PrdLIiLe
lorLhariii¢s appli in& l.'R8 102 rather ihan the i'4rsion ol-thL SialLm¥nl of RcL7)mtnLndLd PraL￿le¥ Mlii¥h is rLILrr¢d io in
th< Regulations bul li liich lias sincc been ii"iihdrdii"n.
Tr rin8ncial $iai¢m¢nts ar¢ pr¢partd in 5tcrlin& iTr"hich 13 thc funLtional currcnc>' of thc CIO. Monctarv amounts in thcsc
fiNnLial 51411Lm¥MtS rvundLd to ihe nvar<si £.
Tr financial stat¥lllinis hai'¥ prL'parLd under ihe hisiorical Losi LoniLntivn in accordanLL Illth appliLablL IJK
acmunting S￿ndardS and folli)Iv ihL fLxommLndaiions in Siaiemeni ol R¢Lomrn¢nded Practice= Accounling and
Rwrting bj Chariikes {SORP FRSIO?i ¢tT¢aive Isi Januan. ?019.
Bxis of eonsolid8tioD
Lh<iritN" has li￿ln advantage ol the 5tnall groups exernplion to nol pr¢p8r¢ Consolidat¥￿ ac¢ounis. ThcrLfori. thcsc
acLwnls £Lre lur Jubilee Cornmunth. Church (East GrinsLeadl CIO and (k) in¢lud¢ th¢ rcsult5 of its subsidiarj.
1.2 G(ing <oD¢ern
Aiihe lim¢ of approTr"ing the fitwicial statLmkmts. thL tn]stLCS have a r￿sonable ¢_¥pe¢taiion thai th¢ CIO has adi4UUte
riY)ur¥Ls 10 Cl)ntin￿ in orKraiii)nal L¥iS1inLL fvi IhL fi)rL%LL*ble f￿u[L. Thus thc Ituslees continue to adopt thL goin8
)iccrn basis of accouniing in prL'paring ihL linanLial siaiemenis.
IJ Clgritsble funds
I rre8iriLILd lunds arisc from oftcring& donatiOTLS and other inL¥>me generdted for the objects of ihe charit). ls'ithoul
further specified purtX)SL and available as g¢n¢ral fuENts.
RL￿ricted funds are io be used for thL speLific purwses as laid doii"n b)" the [k)￿r atld rna!. rM)i be used for anv othLr
rAbP)S¢.
t>signated funds are unr¢sirict¢d lunds edrniarked ￿. the IT￿*1￿5 for particular pUT￿)se$.
1.4 llliomt
uniaTh' incomL receii'ed bi ila!" ofdonatkL7lls. IL&oacies and oiher £ifts is included in full in the StaiemetLL ofFinancia]
A(tii'ilies rLYeii'cd. Volunlan. IncomL receii'ed b!. il'a). ot'grdnts is included In the S"talement ol"F'inancial Actii"ities
y.kn there is ￿'Id6￿Cl. of eniiilement io ihe_erani. receipi is probable. and its alnount Glll be measured reliabl)..
IRwtnL Irum aTKI slK)rt-Icrni roDM hirc is r¢cogniscd oi'¢r the period of the Ic&scthirc.
GitAid is r¢cognised as income in the sarne period as the do￿all0￿% io ii.hich it relates.
Other trading aLXivities incl￿de things such as sales from the cafe. dritths sold * receptiotL itwtn¢ from ih¢ hub ¢tc.
13

JUBILEE COMMUNITY CHURCH (EG) CIO
NOTES TO THE FINANCIALSTATF.MENTS (CONTINUED)
-OR 7HE YEAR EJVDED 31 AUGUST2024
ActountiThg policies
l.$ F.xpendits
l.itthilltlL￿ ufL" r￿ognIs¢d a5 ¢y￿nditure as soon as:
lh¢￿ is a ILgal or ¢onstructll L obli¥￿1110n commiiiing ihL charit!. io that cxp¢rKliture.
il is iiivLTdlpli Ili¢il )¥iil¥Jll¥lll M Ill l)i ￿4￿1[¢d. and
Ihe ￿OUnt (Il-tlK obligation rdn ￿ me&%ured reliabl!.
slip￿rt and go&emanc¢ cnsLs. ii.hich inc]￿e LY)sts aThl Itgal a￿1 slaiutOD' Los15 incury¢¢J in Tunning ihe Charit!.. are
all(iidlLd io L￿h lh￿lIabIl ￿111.11￿. I￿￿'d on tittlL StK'nt on L-dLh ill. No Supkxin or go¥Lrnanc¢ ci)%ts arL alloc4llL￿ tr)
Minisin, gifls.
1.6 Tangiblt fixtd a55¢ts
FrLxhold land and buildings are reLOLynised ai hI￿On¢ cosi in iliL acci)unts. C'(ysl includes Il)e pUrLh1L￿ PriLL and rL"latcd
LxpLndiiurL'. li)gLlher ￿1th th¢ LUKSL ol th¢ inilial redelelopmeni ot- and subsL"qucnl improi.¥￿¢￿L% ￿ the dThl
huildings.
l.and is noi depreLiaied. ljuildings arc d¢prcciatc(L in order that the dilTerenLe kxweLm their cost and c5timatcd re%idu
vJIu¢ i5 Lharged to ihe SOFA ei'enl). o%er th¥ (slim￿rd w8rful lifc ()t-4U )"Lars.
ThL fL*idud 1'411ue IS Lstin1411￿ Ic? ik. IIK. Lurrinl orKn mark'il %a]U¥. ￿"hiCh is ILS5 ihan ihL hisiofiL t￿St. In lh¥ trust¥
judgLniLni. IhL hist(?rir ciisi fairl! rLpresLnts ihL i aluL of Ihl land and buildin&% as a church a Loinmunil!. iuntrt.
iiherea5 Ihe market ￿alue rep￿t$ Ihe i'alue nf ihc land and huildings when ihe). are nu longer useful for this purtK)sc.
All othLr aSSLts iviih an awui$ilion LXISI l￿Cl*￿1n8 £51M) arL' capits11s￿ at th¢ir original cosL
Ik)naiLd d5*15 aK' inLlud¢d in fi.xed &ssets ai Valuation al the d*e r¢LL11'￿L uherc thc &aluation exc<ed5 £500. '1"heTe
n() additi()ns IDI this lear.
l)¢pr¢Litilion is pr()i'ided on L4uipmLmi and lurnitur¢ onlTr ai rdtes io write ihe cosi of cach as5LI ov¢r iLs ¢slimdied
uselul lite using the rail￿ sl￿ Olrt bclom..
Frlxhvld I41[￿ buildi¥t
Building liiiurL
111siL Lquipmeni
JxiurL¥ and fiitill8S
Computers
40 )rJrs
10.(r/o P.&
12.5¥J/o PA
25.(P/o P.&
33.jyo PA
1.7 Imp#irnitDt of fixed •ssets
tli LdLh r¥wning lnd da¢¥. ¢hL charit!" ￿l"lethS the cam.ing amounls of its ¢angiblc asscts to ddemiine iiheiher thLre is
anN indiLaiion thai thos¢ assels hdvL impaimiLni loss. If ani indicatilbn ¢xi5W th¢ wu)VLrable amount of
thL &8SLrt is ¥￿Ilmal￿d in ordLT lo dd¢rniine the LAILni olthe impdirn)Lnt loss {if an)").
1.8 Cgsh And cgsh equivalents
C'ash and cash equivalenls inLlude c&sh in hand. d¢￿sits hcld ai call M"iih banks. oiher shon-lcrni liquid ini'L3tm¢nLs ￿"1th
original maiiiriljes nf three mnnthg nr IL*S_ a]Id l)ank" oi"erdraJls. oierdrafts are shoi¥m u'iiliin ￿rrO￿l￿£S in LurrLiII
1.9 Fin4Dci41 iD$trumeDts
"I'he Lh￿111. has LILLILd lo appl%" thc proi'ision5 of SeL-iion 11 "B&sic Financial It￿trUments. and ￿li￿n 12 '0ikr
inaniial Instrumenis ISsUL￿ of FRS 102 10 ail of its fitWlLial in51nunents.
inanLial instniments are rcroEnised in ihe charli) 4 halal￿ shcd ivhcn the charit) becomes panj. to the contral1￿1
txoTrisions ol-the instrumlnt.
'inanLial asseis and liabilitlLS ar¢ 011sd. ii.iih thc net amounts presLmied in ihL financia] 5tat¢menls. iihen IherL' is a
le¥allN LJiforLLable light to 5cI oll'ihc rrcognixxl amounts and Es an intention to 5Cttlc on a nci bdSi$ 14) fLalisL t1¢
&SSL( and settle the liabilit%' simulian¥ousl%".
14
Co￿1￿ut￿1Ty

JUBILEE COMMUNITY CHURCH (EG) CIO
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 A UGUST2024
AttouTrtiDg policies
(Continued
Busicfinftncialussets
BJ>'ii lirLiLnLl411 aSSL'ts. i%"hich Én¢lu(k d¢biors and cash and bank balancek are initialli. ffl¢asur¢d at Iransaction price
i￿lUding transaction costs and are suhswuenill" ca￿lcd ot tunort15ed cost ￿sing thi cif¥¢tlVi illiLr¢s1 mcih(>d unlc35 ihc
atrJng¥mLnt L(Inslilule5 a linancing Irdn5acLion. iihiYL th¢ iran￿LI10n is ml￿Ured ￿ thL present ￿'dIll¢ of the futur¢
reLtiPl% di%cnuniLd al a markil rtllL nf iniLre%l. Financial i%sets i lagsifid as reLei%4ible ivtthin one i'wdr are not anJonis¢d_
B￿1< linanciol liabilitLi5. Lncludine cr￿￿1t￿r5 and bank loany ar¥ ITILtiall!' rccogni5cd at transaction pric¢ unl¢s% th¢
amngeinent ciinsiiiuiLb a lin(InLin¥ [rans￿lI￿Tr. M here the d¢M insirutnent is mLa%ur¥d ai the preseni ialu¥ ol'ihL luture
pairnents d1_￿aliniLrt at 2 mxrk-d nie ol- inieresi. Financial liabilities classifiLryI as pal'able ifvithin one ¥'e3r arL not
amDrtisLd.
LJ15tnuncnt5 sub5¢quentl!" fdtried at amortised w51. usi1)¥ th¢ Lif¥iliir li11r￿st rdlL IIILthtKi.
T￿e credit()rs arL" uhligaiions iii pai. l-or gix)ds or SLn'iLes Ihdl hai"e ken acquirL"d in thL ordinan. coursL of OP¥raiiiins
rmn suppli¢rs. Amviinis pa!ablL ar< cl&ssiliLd as current li2biliii¥% jf pai'm¢ni ib due li iihin OnL I'Lar or ILSS. If not. thev
aiL prL.seni￿d Ls non-iurrL"ni liahiliii¥S. "I"radi cf¥xliiors ari nX1)_gnisL￿ iniliall!. at tran5aaion prici and subs¥qU¥ntlfv
n?Jsu￿d at atnortiscd cost using thL LffeLiii¢ ini¥r¢si m￿h￿l.
Piimenls lo defincd contribution retiremeni benefii s¢hemes are Charged &% an expense as the). fall due.
1.11 E¥ploy¢e benefits
LTwloveL' knefiis are recognised in the rkriod w M'hich ihLTh relate.
The cost of an), unused holiday ¢niiil¢mcnt is rcoignised in the wiod in iyhich the emplovtt s sern.1￿S ar¢ r¢¢C]￿'¢d.
T<rninaiion i￿￿LlEtS are recognised immediaicl!. a5 an cxrLnse ii'hen ihe charity is demonstrably committed to t¢rniinaie
I￿eMpl￿)IT￿LnI nl-?& n Lmplni'L'.tr nr in proi'iile ieminaiion l)enefilS.
-12 ￿'4T
Viif is partiallv riCOVLrablL on building costs including the dev¢l(ypm¢nt and rnnning of the Jubilee Communiti Centre.
'Iht reco￿￿rabl¢ VA"I' is LalLuldied on 41 building usa?L basis as inu)mL g¢nLraiLd from ihe I￿]ng and rL"nial ol. lh¢
buldirlg is i"atablL. Th¥ Irrecoi'erable VAT is included ii.ithin matwment and administration expenses in the Suiement
1.13 Gifts *nd dtsnatitsns pavable
(iifts and (knnaiion5 ￿ ptti ablL to other clwitics and o(MKI causcs ii'iih ii'hich the chants" is affiliated. The amowit
dwied is ai ihL disLreliun of the C"hurch l--Idcrs and is r¥'¢nrdL.d in ih¢ SiaiemLni of F inancial Actilitics iNh¢n paid.
1.14 Beiefi¢i9110gn$
Frim tim¢ io tim¢. th¢ charits. makes loans * beloH"4naTkd inteTcsI rdt¢s. Th¢s¢ loans made in order io further ihe
cknTh' % objecii%'¢s raihLr ihan io make a fin￿La] return. SiTnilarlN". the charht!. somLtimes receikes loans ai kloM'_
nuket Interest raies. Ihese loans are mad¢ in ordcr to turther the lender s charitable purp)s¢s rath¢r than io makc
fmancial rclurn. Th¢r¢torL all i)f Ihcse Iiffins ar¥ valued al ihe aTnount paid or recill'LxI bN' thc charit!". less anv
rqoi'mcnts. pl￿$ inicrcsi lilanl'l ac¢ru¢d the l(Tran. and tUTthcr sjjustcd th)M"nM"ants if nec¢ssat?' for an!" impaiTmLnt.
Ljxns un cumrnercial tirms arL rcLI)rd¢d in the balancL She￿ ai the amount or18L¥Jall￿ knrrom'ed. lniere￿ tra}'able on such
is fjharg¢d to th¢ SOFA basld on thi io whiLh il relai¢s.
15

JUBILEE COMMUNITY CHURCH (EG) CIO
NOTES TOTHE FINANCIALSTATF.MF.IYTS {CONTINUED)
FOR THE YEAR ENDED 31 AUGU3T21J24
C.riti¢al estimates and jwdgem¢nts
Thc prLwardiion of findncial statcmcnLs r¢quires the use of acciwniing cstimatcs and asswnptions LM. the trusices. li a
rLyuir¥¥ InL%t¥YS Ici LXLYCISL ihLir jiid8L'inLnl in ihe pr()L*s% {)l-appli'ing ihL accounling pxilicies.
In thi judgLmL"nt ol'th¢ trustees. the Ireehold land and buildings ar¢ held prim&il> for orKrdtiona] usc b!. lh¢ charil%'. At
pre%Lni ntsi all ofihL PTOfLrt%' has bc¢n dei"elor&xl i(Tr thL lh￿11%. s rLxiuifLlnLnts. and the undl￿lI[1r￿xt SLLtion is ILasLd ID
d .Ird pthi. I IIii4LI'ir. Ihi5 is a sh()rl tLrm mv&%ure r&nding iliL aiaiiabilil! ol- lundin¥ for rL'dLI LlopmLni. alid this 5¢Lti(
()I'thL pri)￿[1%. does not LonsliiuL- an ini'estrnenl prop¢rt!.
'Ilii trusl¢L%' ¥slittLales ol- IhL USLful lifl and rLsidual i.alue ()r ihL. frL*thold laTrJ and buildings a￿1 the IkprLcialiL
LhargLd on thL5L dSSL'ls arL an L%iimai¥ based on iht TrusteL'5 i￿5( judgemeni.
Infomt don4tions a￿d le8*¢ies
Llttrestri¢ted Restric¢ed
f￿lld$
rvnds
2024
2024
TDt*l Ilnrestricted Res¢rirted
f￿NdS
funds
2023
21123
Totsl
2024
20LI
l)ondiion% and gitis
(Jrants
428.176
16.818
444.994
2.11(Kl
395.671
18.8?1
i.8IM)
414.492
6.81XJ
428.176
18.818
446.994
3Y6.671
24.6?1
421.292
Incomt from charilable *¢li¥ities
UDre5trirted Restricted
furtds
funds
2024
2024
Tot•1 Llmre5tricttd Restrirted
fuDds
2023
Totsl
2024
2023
21123
Churth ministry
InLI)mL IT()lll Lharilable
a¢iivities
179.853
l.iOO
181.353
I74.IM17
I74.￿7
Income from iTrve5tments
lJ￿rr5trlr1c
funds
2024
funds
2023
Lras¢ In￿Me
IntcrL'si receivable
5J.Y>J
5.592
)4.Yll
59.545
5¥.941
16
LEI
cO¥pAU*iTY

JUBILEE COMMUNITY CHURCH (EG) CIO
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR TIIE YL4R ENDED 31 A UGUST2024
her in¢omt
Unrts¢ricted Ilnrestricted
fund5
funds
2024
2023
Other income
2.495
Exptttditsrt charitable activitits
Church
Gifts
Building
Totsl
mittistTr
projeets
2024
2024
2024
2024
2024
DI￿ri c0515
106.664
106.383
108.308
54.332
954
1.745
1.105
321.355
54.332
Y96
1.801
6.306
2.046
4.158
36.978
16.790
10.tA6
1.880
84.5£1
61.403
19.670
tkweiidtion and impainnlml
Sundr%.
P￿}loC0p1.1ng. printing and publishing
Supplies and stationc
oirice purchasL¥
Cthlerences and training
Swlial ￿'¢nIS
STTr811 wuipmcnt
Tekphon¢ & lOmp￿er cO￿S
TNILI and retreshmenis
Nluiislr*" gifts
37
56
5.201
3.872
14.165
376
7.857
1.529
262
21.958
8)5
16.414
2.789
84.5SI
61.4Q3
18.2)5
Prrtnises hire
143.218
128.959
84.i51
21rf),184
622.912
Sbre of $￿pport Ind goverD*•ce co5ts15ee note 8)
17.2%0
3.50)
15.2Jl
3.oy I
9.992
7.026
31.11)4
6.3a7
CthLYnance
14.929
164.¢X)3
147.291
96.569
303.i95
711.458
Auly515 by fund
Urrlsiriffled funds. _ general
[I￿￿1n¢Tld funds- designaied
R(slrictLd lunds
162.743
147.291
66.517
271.878
31.717
648.429
31.717
31.312
1.260
30.052
164.(K)3
147.291
96.569
303.i95
711.458
17

JUBILEE COMMUNITY CHURCH (EG) CIO
IYOTF,S TO THE FINANCIALSTATEMENTS (Co￿rINuED)
Tr-UR 7HL YEAR EIVDED 31 AUGUST2024
Expenditure on ¢haril4bk xctivitie5
Pnvious vear:
Church
Gifts
Buildirtg
Totsl
illistry
prnjects
2023
2023
2023
2023
21123
Direct costs
idil-L(IslS
l)ipfLYiaiion and impai￿￿￿1
85.11]6
91.23U
96.963
54.8.15
1.787
273.259
S,l.R35
1.9",8
191
23
Phi)tl)LopTring. priniing and ￿hlE$hing
UppliL￿ and slationtr).
(Illice pur¢h￿-¢S
Q'onlirLncis and irnining
'¢ial LYLnls
mall Lyuipmcnt
'ILl¢phiin¢ &. Liimpul¢r u)sts
'IrdTrLI rL'frLshmLnib
MinistTh 2itls
C-hariiable gii'itig
77
12
W8
6.111
120
6..102
2.91th
5.1..1
514
9.848
2.310
88.(TrY3
2.)46
17.174
i85
7.5)7
2.297
250
2.251
19
88.693
i.225
5X.41)7
R.875
58.417
PrimisLS hire
1.261
117.931
127.268
93.918
?30.971
5711.018
Shar¢ fjf 511PPOrt and govtrn%ttce costs Istt Trott 81
26.0?9
2.863
19.208
2.113
116.590
(iov¢myn¢¢
2.(Tri3
i.197
144.7(M
156.160
115.239
283.407
6W.510
Anali'sis by fund
I InrL%lriitLd lunJs- g¢n¢rnl
RLStricled lunds
144.704
148.456
7.704
98.637
16.602
200.867
82.540
1()6.846
144.7(M
156.160
115.239
699.510
18
UWLE

JUBILEE COMMUNITY CHURCH (EG) CIO
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR TfiE YEAR ENDED 31 AUGUST2024
Sipport e05ts allotated to aetivities
2024
2023
Ststl-i05ts
Bank Lhargcs
krt2a2L and bank. loan inT¢fesT
In￿raftLe
Siindn eX￿n￿e4
Bad dLbt
6.)46
3.429
32.250
l.l.lJ83
31.082
28.892
12.)63
659
1?5
18.178
14.9)9
Biiilding maintLman¢c
Crt)S"Lrnunci Costs
39.871
12.826
88.546
129.422
ArAh'5ed belwttu:
LThurch minislr%'
Yipjih pn)jLLI
Cjitis
Bi¥lding
2n.785
18.)32
12.n18
37.411
26.773
28.892
52.436
88.f46
129.422
2024
2023
GNern4nct costs ¢ompri5e:
A￿lI feLS
ALxounianc%'
Le￿al and professiona]
7.500
5.145
2.284
7.il)O
5.326
14.9?9
12.826
Nd movement funds
2024
2023
Tht net movemeni in funds is si*ed after chargin￿{Credi11llg).
F'ths pai'ablv for a￿111 ofihe Lhariil's financial ￿aleMen
IXyr¢ciation ol-oii"n¢d tangibl¢ fixtd &ssL"ts
7.)
54..132
7.51HI
54.835
19

JUBILEE COMMUNITY CHURCH (EG) CIO
NOTF.S TO THE FINANCIAL STATEMENTS {coiYfiNUED)
Jr-OR THE YEAR EIVDED 31 AUGUST 2024
10 Trustee5
N() trusiee receii.ed an!. remuncratiim for thcir d￿l¢S a tnL%iee or lor anv other ser%"ices prt¥%'i(kid to the C"In oth¢T than..
Mrs Ilannah ljapiist lias Lmploi'cd a5 1 lu￿ (yl".4thE]ini5trdti()n & tA)gisiiLS. bui rl￿ignLd during thL r¢porting tK'riod.
l)Iiriiig thL !'Lar Lnding 3 ALLgJlLs12U24 shL ￿￿Li*"l%1 salan pa% mints and rLnsion conlrihutlOn5 lolulling £4.57.1 {2023-
£17.49.)). Mrs Baptist's husband. tlJni¢l Baptist. IS 4ils(i empl()!Ld &$ l.L?d P&stor. During ihL ¢nding 31* AUg￿t
?024 hL fLLiiILd salaTh' pai'mcnls tK'nsi()n L￿ntribU11￿}ns ioidlling £51.IMTr31?V2.j - £48.2981.
qr Naihan IhM"n ¥ wile. NaialiL IX)iin. is cmplo%'¢d as P&4ordl and Communicaiions Administralor. During the )'¢
Lnding.31 August 20?4 reLl'iN'L￿ salaTh' a￿1 tLrLsion contri1￿tionS totalling £9.31012023- £14.396I.
No Irustee received ani. e¥r￿n5￿￿.
Emplovtes
The avernge monthl). numbLY ol'cmploi'tt3 during thc }'w H"as:
2024
N￿mber
2023
Numbir
24
EmplgymeDt tosts
2U24
2023
'agl￿ and 5aiarics
Lial sccurity costs
(hher pension costs
302.672
17.621
7.608
277.0",
20.7I3
7.2
327.901
304.411
K¢y M*nAgement Personnel
"I"he Iruy(LXS Li?nsidLr lour mLYnEL-rs of stsft" lo krn. Tnawg¢ment personnel. Tr tots] emplo)'mini knclits of k().
tlI#ll￿ge1neni %*erL £131.184 1?023- £118.1271.
Th¢r¢ W¢￿ no crnployees whose annual remU￿ratIOn was morc ihbn £60.IMKI.
12
The charity is e¥eM￿ from ￿latIOn on its actii'ili¢s Fttause all its incotne is aTwlied for ¢k￿l￿ble purrx)sL%.
20
LEi
COPAJAUMITY

JUBILEE COMMUNITY CHURCH (EG) CIO
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR TIII YL4R INDLD 31 AUGUST2024
13 Taigibl¢ fix¢d assets
Frtebold l*lldBuildiDi
bMildiD
l*si
tqMipititDt
TotAI
rillings
Ai I k"p1cmE￿ 2023
AdJitii)ns
3.197.681
266.844
84.826
!.564
33.612
.2giJ
3.661 ?06
8.68U
Ai 31 August ?024
3.197.681
267.&14
84.070
87.3
34.wl
3.671.886
ikprtti*¢iott *ttd
li￿pai￿nI¢￿t
Ai l %iPtLmbcr 20?-
tXyr¢ciation chargLd in thc
2)6.624
196.8iO
65.845
33.131
602.801
11_717
2_Q2
fi.A_37
-517
.54.3.12
At I l Aiigust ?U24
268_3Jl
210.￿*5
72.397
7?_682
33.64¥
657.13J
Carrvi￿g *moN￿t
Ai 31 Augus12024
2.929.340
57.779
11.073
14.708
.253
3.014.753
Ai JI Au¥us1 ?023
2.901.057
70.014
9.872
18.981
481
3.000.405
Fr￿h￿Id land and buildings M'iih a &im'ing amount of £2.718233 12023 £2.749.9501 have been pledged to secure
boTroiiings of thL chariiy. ThL" charii! is allom'cd io plcdgi th￿ assas as sec￿1%, for other kTrrtowings or to sell
to another enli￿..
14 [￿ht￿r%
2024
2023
Attounts fallint due within o#e )ear.
Trxie debtors
(hler debtors
ProaN"rnetLts and accrued incorne
16.689
.891
i.41)9
16,271
16.802
4.707
28.079
37.780
15 Cffditors: *mouDts tslliDg due within ODe y¢Ar
2024
2023
NDte5
B•k loans
OLILY taiation and social securits.
tXrf¢rred inci)me
Tr￿C credttors
(hber ¢reditors
Awruals
17
72.198
17.924
-4.750
14.409
4.476
11.353
73.739
12.949
i,l)O
3.118
4.199
27.106
124.110
124.861
21

JUBILEE COMMUNITY CHURCH (EG) CIO
IYOTES TO THF. FINANCIALSTATEMENTS {COlYtINUED)
FOR THE YÈ"AR E"IVDED 31 AUGUST2024
16 C.r¢dilors: arno￿￿ts dut after more o#e ye*r
2024
2023
Notes
Ilank loatLS
17
232.966
33i.838
17
Lo4ns 4nd overdraft5
2024
Bank loans
305_164
409.$77
Pa%'able within oni I't
P￿1)lIble atler onL' %'LMr
72.198
232.966
73.739
335.8J8
'Fh¢ iemis ol repai mLni for knih thL mortgagL aThJ loan arc momhl!. instslmcnts 5taTling one monih linm the dale ￿.
lun&% werL tKirriiivLxJ. dnd IhL m()ngagL JJWJ W. loan i)n thL l￿d and huildings at Unil l. Lharlii'cKKls R()al.
L.usl (irinslLad1sLL 131. IniLfLs1 IS pa%ablL ￿ ihl Bank of Lngland baK" rJii plus 1.7):,
l)urin¥ ihL' re￿IllIng ￿rI0& ihL" balanc¢ of th¢ l)ank loan ￿.&$ repaid in tiill. The bala￿e on ihe mortgdgL Is SIII
()u¢¥tanding.
eferreil illcome
2024
20LI
Arising Irom defLYred renial incomc
3.750
Deferred income is includcd in thc linan¥ial slat¢m¢nts as folloms:
2024
2023
l)L"lirrcd incomL is inclu¢J¢d ￿1th1￿..
C'urteni liabilitiLS
3.750
3.7.9)
Moiemenis in ihe tr￿r.
l)elerred inu)mL ai I SLVlLmE￿y 2023
Rvlia&¥d In)m prL%"iO￿8 ￿riO(l￿
RLwufiL* deterred in ihe l'ear
3.750
13.7501
3.750
3.7.YJ
r)elerreA IT￿me Ht I l Aiwii%t 2n24
3.750
22
JUWLtE

JUBILEE COMMUNITY CHURCH (EG) CIO
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
19 Rt5tricted fund5
Tht ris(riLlixI lunds lif IhL Lh￿￿11¥ LximprisL ihL unLxrLndiQ vf d(Jnaiivns aThl grdnts h¥ld on itUs1 subjLxl Iv
SFxiIIIL CLindili£)n5 bi don()rs as io ]K)ii" Ihth ma! k used.
At I September
2023
Incoming
resou￿e5
Resou￿¢5
expended
Tr*￿SlerS
At 31 August
2024
Jutrolcc Inlit￿l1.¢s Pund
Chri81i<￿5 Against P(?I"LrtN" IC'API
pap￿ Neil, fiuinea Appeal
Ukrnin¥ Fund
Albania Car Fund
Gitt 10 Ihc Bcnions
10.591
3.51M)
15.8801
17.9231
4.711
20.)99
24.722
527
8.482
2.81K)
IJ.(YN)I
14.5(MJl
4.5(NJ
?0.318
lJl..l121
25.041
PrfviO￿s yvAr.
At 15eplember
2022
In¢oming
Resourres
expend¢d
Trjnsfers At 31 August
2VZ3
Bulding
Clwiging Places
JubilLL Ini(iaiii-Ls Fund
2.183.87
?7.813
17.122)
2.62
2.650
182.5401
{2.103.9851
127.¥131
14.449
{2.6?01
9.275
116.6021
Pap￿] Nthi. Cjuinea Appeal
(￿ls[la￿S A0ain￿ Poi'cn). IC"API
19.7JO
12.696
17.7(Hl
24.722
2226.947
74.621
106.846
12.119.909)
24.7)3
IIK Building Fund r¥lai¥S ts) nioni¥S doJiaiLxI S￿LI1]iaLl￿ io support ihL pufLhasi or irnpro%'¥niLlli i)t lh¥ Jubil¥C
Cminiuiiiti. CLnirL. all iliiolni in rLlaiii)iJ l() lh¥ buildii)g sr￿)1¢ th¥ balaiic¥ ()f thL funds Iwi¥ iraiibf¥rr¥d
e unresiricted designaied fund. 'lThe unrestricied desionaied fund is used lor wnnino ci)&s atKI related siaft- ¢0515 JS
dl &s ¥nort8a8e repa>'menis.
Changing Plac¢s Fund- Th¢ Changing PIKO Consortium launch¢d its ¢ampaign in 21N)6 on b¢half of th¥ oi'¢r 114
ol'i tnillion rL"opl¢ i%'ho cannot us¢ standard a¢cissibl¢ ioil¥lS. Thts includ¢s p¢opl¢ m.ith profound and Inultipl¢ leaming
disibilities. mo)tor neurone disease. mu]liple sclerosis. cerebral palsi. as ii'ell as older people. Jubilee Communits" Church
IE*t Grimsteadl stJrt¢d a ¢wnpaign t() rais¢ grants and th)nalioDs io provid¢ a Clwiging Pla¢¢s Toilet within its la¢ilitie8.
Ths neil. lacilii). M'as opened in (ktob¢r 2017.
Jubilee Fund relales lo a specific group of 3id Pdrti charilies ihth ii"e 5UPWrt on a regular basis. Trdnsfers into this
fu￿] are tnade trom the general tund or 8itren srKcitlC311% ￿. memkrs {in Hhich the fi]nds are restriciedl.
C'hristians Against Poi"ert!" Fund relates lo ihe adoption of the local CAP tkbi Cenlre in Jul!. 202? i¥hich aims to
i.ide cri515 4￿d prgi'enlative sUP￿rt for thu5e in fitwicial need. All funds receii'ed and spent are restricted.
Llkraine fund rLlat{￿ to thnations receii'ed to be p&ssed on to 'Triutnphant Grdce.. a Neivfriyrhtiers sphere in Ukraine
nuttlK"ring 14 (..hU￿b¢S.
Tr Albania Car fund rel*cs to don*ions received io io TMwcha%e a car for a Pastor in Albania to continue their
rnol1st￿. thL the prisons.
23

JUBILEE COMMUNITY CHURCH (EG) CIO
INOTES TO THF, FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ÈIVDÈD 31 AUGUST2024
zo
Llnrtslrifted (￿nd5- designaitd
Thcsc arc unrestricied funds i¥hich are malLrrial chariti s artii"ilies.
At I Seplernbtr
zoz)
Rt50urrt$
¢xpeDded
Transfers
At JI AugD5t
zou
BLiildin8 l.und
?.5?8.3.11
131.7171
2.496.(114
Prnvious yur.
At I September
2022
Re50urce5
exp¢Dded
Tr#m$ftrs At JI Au%wsl
2011
Building Fund
397.783
7 1311.548
2.5?¥..131
The purw5L ul-IhL building fuThJ 15 Lxplaiiml wiiliin tM)ie 19.
21
Unrtstricted fund5
'I'hi unrL%lri¥lid lunds ol'thL Ch&￿111 LX)mpri5L IhL Un¥%￿nded halan¢LS of donalions 4md ¥rdnis %vhiLh ￿. noi %ubjLXI to
SPLYitic condiiiotLS bi" th)n()TS (tnd ¥ranl(Trr5 11> ￿)￿1 ni*l! IK. used. "I1￿￿¢ ijiilude d¢sign(It¥"d lunds" ii.hiih hdi"i E*en
Lt ¢1sidL l)ul ul-unrLslriLILsd funds h% thi In]s1tt"s lor 5tKYsfiL purws
.4t I September
202J
Inctsming
resources
Resourc
txptnded
Transfers At 31 August
2024
GLnLral lun(ts
334.306
667.871
1648.429)
111.2821
342.4t6
Previous ye•r.
At I sePte￿bEr
2022
Resou￿e5
expendtd
TraTr5ft
At 31 Augu51
2013
resources
CTL'llLral funds
304.935
63?.614
{i92.W)
110.5791
334.31b
22
An*l)'gis of ne¢ *$5ets bttWttD fund5
UDrtstricttd Uttrestrirted
fuDd5
fwttds
genernl
designated
2024
Re5tritted
funds
Tothl
2024
2024
2024
Al 31 2024.
Taneiblc asknts
C'urreni asseisliliabiliiiLs)
l.c)ng turni liabilitics
51R.139
57.?93
I2_32_9(￿l
2.496.614
3.014.713
82.3)4
12.12.Y661
25.U41
34?.466
2.496.614
25.1141
2.864.1:1
24
COPAMuNirY

JUBILEE COMMUNITY CHURCH (EG) CIO
NOTES TO THE FINANCIAL STATEMENTS (coNfiNUED)
FOR TIIE YEAR LNDED 31 A UGUST2024
22
AMI)'$is of llet asset5 between funds
Icontinutdl
LTnrr5tTifted Unre5trifted
funds
fund5
gEn¢r41
Re51ricted
funds
Total
2023
2023
2023
2023
At31 August 2023:
Taie_ihle aqws
CwrLWt assLxo11iabilitlL%)
Lthg tLrni liabiltlilS
Si2_074
138.070
1335.8381
1_528_331
3.060.405
16? 82_3
1335.8381
24.7)3
334.31K)
2.528.331
?4.753
2.¥87.390
23 Capital commitments
21124
2n23
Arnounis conir&ied ior bui not proi.ided in the financial statetnents:
Athris¢d and coniracted for
2.h65
Pri)r to 31 Augusi 2n23. Jubilee Communil!" Church enleTed inlo a contraci for Audio N"isual upgrades. During thi )'¢ar
¢lldL.d 31 Augusi 21123 ihe Lhurch pard a deposil lor the equiprnenl of £8.924. During the vear ¥nd¢d 31 AUg￿$t 2024. the
pNye£i Mas Itni$h¢d and all comTnilt¢d amounts li'¢￿ paid.
Re&ttd partv traDsac¢ions
TFrfre w.ere no disclosable Tel￿ed pani tran￿LiK)n$ during i￿. NLw12023- non¢l.
25 Sthsidi*ries
Tr5e fiT￿]cIal stai¢Tn¢nts ar¢ s¢pardi¢ charity financial s￿lements Cor Jubilee Communii!. ChurLh (Easi Grinsteadi
cio.
t>Jails i)i-Ihe charity's subsidiaries ai 31 August 2024 are &% follo￿5..
¥ne or￿ndert*klllg
Regi$ttred
ie¢
I%#tsre of b￿SinesS
Class of
$h*ns held
/• Held
Direft Indirect
Jubilee Cornmwiih. Cafe CIC Jubilci
LI￿lled
Coininunil
Church.
Charlmoods Road.
G[m￿(r￿(L
United Kingdom.
R11192I1L
NIA
25

JUBILEE COMMUNITY CHURCH IEG) CIO
NOTES TO THF. FINANCIAL STATEMENTS (CONTINUF.D)
FOR THE YEAR EIVDED 31 AUGUST2024
Subsidiaries
Iconlinuedl
The aggregatc capilal and r¢s¢r%"cs and the rcsuli fur ihe !"eaT ofsubsidiariL% cNcludcd from W￿￿1]d￿t￿n M'as as follows..
Name of undert*kiTr¥
PTDfivIkns5)
Capital aTrd
Re5trves
JLibilLY Communiii C.alL C IC
Limited
3.6?5
5.U38
Jiihil¥L ( Iimmuniii ( alL
(-l(- 1.imilL￿ is rtgisiered as a C'IC" and thffefore h(>lds no sharc capital. Ilowever. Jubil
C otnmunitv Church IbAsi Grtnsteadi C'IO is ihc uliimat¢ controllitlg p2rf!" ofihe C'IC.
26
Cash gttherAted frnm optrations
21124
202J
l)LliLii for thL ILar
123.2691
Jldjuslmenl% l()r'.
Ini'L)tmLyII inLI)me reLognised in siaiemLni of financial aciiYiliL
t)eprL"cJaliDn and imp#irniLml Ot-ian8iblL fixed ￿lIs
1$9.5451
54.3i2
158.9411
MI>i'L)IILnls in iiiirking ￿pital=
I)LLr¥￿ in d¥bii>rs
InLrLx8L/idLLfiasLI in crcdilors
IDeirAseVincr¢ase in defettd incom¢
9,701
7YU
16.363
112.6261
-1.7￿}
C.#sh *bsorbtd by optr*tion5
117.9911
{3¥.8411
27
ADilysis of chatttes its rtei Idebtvcunds
-411 Stpitmbtr
2023
fash IIov*S .4t 31.4u%￿l 20M
cl￿11 at bank atid iti halid
249.9(
171.539}
178.365
l.oans lalling du¢ H"ithin one >'ear
I.()Jns lalling rnorL" than one )ear
173.7391
1.541
1112.%72
172.1%>
12.12.(1th1
1159.6731
32.874
26