JUBILEE- LEAMINGTON
IA Company Llmltod by Guarantee)
DIRECTORS, REPORT AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER
2024
Company Number: 08601283 {England and Wales)
Charity Number: 1153252

JUBILEE - LEAMINGTON
INDEX
PAGES
LEGAL AND ADMINISTRATIVE INFORMATION
DIRECTORS, REPORT
INDEPENDENT EXAMINERS, REPORT
STATEMENT OF FINANCIAL ACTIVITIES
BALANCE SHEET
10
NOTES TO THE FINANCIAL STATEMENTS

Page 1
JUBILEE - LEAMINGTON
LEGAL AND ADMINISTRATIVE INFORMATION
Charity Number..
1153252
Company Number..
08601283 (England and Wales)
DIRECTORS..
Mr Christopher Catto
Mr Kim Mccaffery
Mrs Jane Catto
CENTRE MANAGER..
Mr Kim Mccaffery
GOVERNING INSTRUMENT..
(England & Wales)
Memorandum and Articles incorporated 8th July 2013
REGISTERED OFFICE:
38 Jourdain Park
Healhcote
Warwick
CV34 6FJ
CORRESPONDENCE
ADDRESS..
10 Berrington Road
Leamington Spa
CV31 1NB
NDEPENDENT EXAMINER..
Mark Harwood FCA BFP FMAAT
Michael Harwood & Co
Greville House
10 Jury Street
Warwick
Warwickshire
CV34 4EW
BANKERS..
HSBC
PO Box 88 The Parade
Leaminglon Spa
Warwickshire
CV32 4BU
SOLICITORS
Band Hatton Button Solicitors
53-55 Butts Road
Coventry
CV13BH

Page 2
JUBILEE- LEAMINGTON
DIRECTORS, REPORT
For the year ended 311t December 2024
The directors present their report and the financial statements ofthe charity for the yearended 3181 December
2024. The directors have adopted the provisions of the Statement of Recommended Practice {SORP)
"Accounting and Reporting by Charities. (FRS 102) in preparing the annual report and financial statements
of the charity.
OBJECTIVES
The Objectives of the Charity are..
1. The advancement of the Christian religion in the United Kingdom and overseas in accordance with
the statement of faith produced by the Evangelical Alliance
2. The advancement for the public benefit of religious and other educalion
3. To relieve people who are in charitable need because of:
Sickness or poor health
Age
Financial hardship
Or some other reason
By any prop8r means as the DirectorslTruslees think fit and including (where appropriate but not by
way of limitation} the provision of advice. the promotion of good practices to combat such conditions
and the provision of resources to alleviate or prevent need.
4. Such other charitable purposes as the Directorsrrrustees in their absolute discretion think fit.
This provision may be amended by special resolution but only wilh Ihe prior written consent of the
Commission.
How our actlvltles dellver
ubllc beneflt
Much of the work that Jubilee - Leamingion performs has qualitative measurement. That is, we contribute to
the church and the surrounding community in a number of often intangible ways. This section aims to express
a number of achievements in line wilh the charily's objectives, and to include quantitative measurements
where possible. The Directorsrrrustees and leaders of the church have considered the Commission's
guidance on public benofit and, in particular, Ihe specific guidance on charities for the advancement of
religion.
ORGANISATION
Jubilee - Leamington is a charitable company limited by guarantee (Company no. 8601283 & Charity no.
1153252) and is therefore, governed by a Memorandum and Articles of Association. It is registered as a
Charity with the Charities Commission. The directors have no interest in the company's assels or surplus
and. with the exception of Mr Kim Mccaffery, they receive no remuneration.
The DirectorslTruslees meet regularly and have responsibility for the general, legal and fiscal oversighl of
the charitable Company.
2024 has been another challenging year for Jubilee - Leamington. Since the pandemic. many churches
across the country have reported reduced attendances and it has been no different for Jubilee. For various
reasons a number of people still prefer to meet online. so we have continued a hybrid model of meeting in
person and online.

Page 3
JUBILEE- LEAMINGTON
DIRECTORS. REPORT
For the year ended 3111 December 2024
To fulfil its objectives, Jubilee-Leamington conducts a number of activities throughout the year. Many of
these are run as part of Jubilee Church, but an increasing number of events are run in the community as
Jubilee- Leamington.
Day to day work of the charitable company was undertaken by the following people.. Kim Mccaffery (part
time employed), Elizabeth Mccaffery {part-time employed), Christopher Catto {volunteerl, Jane Catlo
(volunteerl. They provide direction to Jubilee Leamington charitable activities and church.
The church is linked to Bethel Leaders Network, a cross-denominational group of Christian churches
across Ihe globe. The key leaders meet regularly with other UK-based leaders in this group. and also with
other church leaders within the local area. Kim & Elizabeth Mccaffery are ordained in the Order of St
Leonard and meet regularly with them.
Jubilee - Leamington has been involved in training and equipping leaders of other Christian ministries
throughout the year.
In 2024 Jubilee - Leamington continued to be involved with 'Acts Now Moment., a worldwide Church
growth movement. We have benefilted from their training and resources. By using their resources, we
have seen people grow and develop in their faith. Jubilee Leaders have been involved in facilitating Zoom
training for 'Acts Now Moment, with people across the globe.
The Church continues in relationship with Bethel Church, Redding, California.
Jubilee Church is also a member of the Evangelical Alliance, an organisation which connects Christians
logelher across the UK, promoting Christian values. There are no legal links.
Dir•ctorslTrustee Appointment, Induction and Training.
Current and future DireCtors￿rUsteeS are appointed after consultation with and recommendation by those
listed above and are required lo be in agreement with and committed to the aims and objectives of the
church as set out in the Irust deed and supplementary Statement of Faith.
Training for DireCtors￿r￿steeS is reading 'The Essential Trustee-. 'what you need to know, prepared by
the Charity Commissioners. This is reinforced through internal training within the group. Independent
training will be refreshed as necessary.
Risk Management
The DirectorslTrustees have established a system of risk management that considers both the strategic
and operational risks lo the charity. Aclion plans have been put in place to manage key risks, and there
are documented risk assessments for all key areas of church and charitable activities, including working
with children and health and safety issues.
Currently, we are not holding any children's activities on a Sunday morning. We have shortened our
meetings and made them more inclusive for children. This started as a response to Covid-19 but has
continued as we explore how best to serve our parents in how they take responsibility for educating their
children in Ihe Christian faith.
We have maintained our Child Protection Policy and amended it to include Ihe virtual world.
Declaration regarding serious incidents
The DirectorslTrustees declare there are no serious incidents relating to the charity.

Page 4
JUBILEE- LEAMINGTON
DIRECTORS, REPORT
*t
For the year ended 31 December 2024
ACHIEVEMENTS AND PERFORMANCE
The advancement of the Christian reli
ion in the UK and abroad
As a result of our involvement with 'Acts Now Moment, we have amended our focus. We are now intentionally
focussed on bringing the good news of Jesus and His Kingdom to those who do not yet know him. This has
fundamentally changed both how we operale and the purpose of our meetings.
Sunday mornings follow a 4-weekly cycle of Celebration, Prayer and Blessing, Fellowshiplcommunity and
Equipping.
Our midweek groups are focussed on training everyone to become disciples who are able to make other
disciples using the Commands of Christ format.
Every week there are opportunities to reach out to people in the town using some of the skills learnt from
Spirit Cafe, Healing Rooms and Acts Now Moment. As a result of this change in emphasis we have had over
1000 spiritual conversations with people.
We have also seen 3 people baptised in 2024.
MeetSngs
Our meetings and community groups are fundamental to Jubilee Church to advance our vision and build a
church based on:
Refreshing and lively worship.,
Community groups.,
Outreachlserving the community.,
Training and discipling one another in the living of Christian values.
These gatherings fall into the different types of meeting, as outlined above, which are open to anyone who
would like to worship and grow in God as part of a Christian community and lo learn and experience more
about living as a Christian. We also meet informally with people who have expressed an interest in learning
more as a result of conversations on the streel.
All meetings are now held in person, but some are also available on Zoom
Youth and children continue to learn more about their faith by participating in Sunday and mid-week meetings
as appropriate., these are attended by children and youth from the church and their friends.
Good Morning Jesus
This was started during lockdown to help people get into a practical and spiritual rhythm of life. We meet 5
mornings a week on Zoom at 08.15 and start the day interacting with Jesus and each other. This continues
to run successfully and is attended by some from the wider community.
The advancement for
ublic benefit of reli
ious and other education
Many of the activities listed under the advancement of the Christian religion include and, indeed, are
sometimes exclusively based on the advancement for public benefit of religious education. Of primary
relevance here is the teachingltraining done through our various church meetings.

Page 5
JUBILEE- LEAMINGTON
DIRECTORS, REPORT
For the year ended 31st December 2024
Jubilee-Leamington is involved in other activities to build the community and train people:
Additional leadership Iraining
Kim & Elizabeth Mccaffery are members of a mentoring community called 'Bethel Leaders
Network, run from Bethel Church, Redding, California. This provides fortnighlly online leadership
training. networking and support. They also met with other local church leaders.
In March Kim and Elizabeth Mccaffery attended a training and fellowship retreat in Wales with
other UK members of the Bethel Leaders Network and the group mentor.
Kim and Elizabeth Mccaffery and Christopher and Jane Catlo attended an equipping and
encouragement weekend gathering hosted by No Place Left
Kim & Elizabeth Mccaffery and Christopher & Jane Catto facilitated a 6-week global online
training course by 'Acts Now Moment,. This was aimed al training people lo be more effective at
sharing their faith. At the end of the course, those interested were offered the opportunity of
meeting online monthly to report how they are progressing in their local communities. This group
is proving very successful and encouraging for all involved and has continued throughout 2024.
Through OSL we supported the work of a missionary organisation abroad involved in providing
biblical leaching and a school for orphans.
Spirit Cafelgospel conversations in the town centre took place throughout th8 year.
Many volunteers within th@ Jubilee community participated in offering prayer, hope and
encoura9ement to the sick. The Jubilee Healing Rooms opened in compliance with the National
Associalion of Healing Rooms guidelines in 2016. Throughout 2024 we moved The Healing
Rooms and Spiril Cafe onto the streets. We met at least twice a monlh in Jephson GardenslPump
Room Gardens. This has enabled us lo interact with and encourage more people than solely
gathering in our building.
We started mentoring several people new to the Christian faith by meeting with them informally
throughout the year
Kim and Elizabeth Mccaffery supported other church leaders both in person and online.
At Christmas a carol service was held in Jubilee church and was attended by 300 people.
The relief su
UK and abroad
ort and encoura
ement of the a
oor widowed or
haned and dlsabled In the
Jubilee - Leamington has previously run and will look for opportunities to continue to run a numb8r of
programmes or events aimed at supporting those in our wider communities.
Members of the church communily are encouraged to care for those in their community, following the
example of Jesus and Christians in the Bible. Examples include..
strengthening community through meeting regularly for fellowship and prayer, and welcoming and
befriending visitors
personal and spiritual development through one to one or small group discipleship and
encouragement
providing meals and support to new parents after a baby is born, or during ill health situations
giving money or gifts to those in material need
Jubilee - Leamington contributed towards funding a Christian ministry in various African nations

Page 6
JUBILEE - LEAMINGTON
DIRECTORS, REPORT
$t
For the year ended 31 December 2024
Future Plans
Jubilee-Leamington continues lo look into ways of becoming more deeply involved in a number of
communities within Leaminglon e.g. Peace Festival (currently on hold since pandemic), offering
mentoring for new disciples based on the Commands of Christ, Jubilee Healing Rooms. ministry training,
etc.
Financlal Revlew
The Charitable Company made a surplus of £9,832 during 2024 (2023.. restated £2.988 surplus.
Previously a £3,409 deficit
See Note 2 to the Financial Statements). The trustees acknowledge that
2024 was another challenging year financially. People have continued to support Jubilee generously and
many have transferred their gift to standing order or online.
Funding
The principal funding sources ofJubilee- Leaminglon ar8 through Ihe generous giving ofthose associated
with the church and Ihose affilialed to the church. Gift Aid is a considerable portion of this funding.
Jubilee - Leamington's expenditure has effectively supported the objectives of the charity through..
Employment and training of the staff and volunteers.
Events in support of the charity's aims and objectives.
Gifts to those in financial or material need.
In addition to general expendilure, the church seeks to make specific one-off grants to respond to
immediate needlcircumstances in accordance with Ihe trust's objectives. In some cases a special
collection is taken by the church and in other cases the grant is made from general funds.
Investment Pollcy
Surplus funds are reviewed on a regular basis. The aims of the investment policy are to maximise the
returns achieved subject to minimal risk and the requirement to maintain short term availability of all funds.
Grants Policy
Jubilee - Leamington is not primarily a grant giving charity. However, it does seek to be generous and
support a number of other organisations with similar aims and objectives. Jubilee gives regularly to
ministries in African nations via the work of the Order of St Leonard abroad. We also support various
worldwide evangelism and training ministries.
Reserves Policy
Jubilee - Leamington aims to hold the equivalent of a minimum of three months expenditure as general
reserves.
The Direclors are aware Ihat our reserves are currently in excess of Ihis. However, being a small charity
we are particularly vulnerable to the effects of reduced donations. At this time, we think it is advisable to
hold increased reserves as a buffer.

Page 7
JUBILEE- LEAMINGTON
DIRECTORS, REPORT
For the year ended 31 December 2024
Directors Responsibilities
The Charities Act and Company Act require the Board of DIrectors￿ruStees lo prepare financial
statements for each financial year which give a true and fair view of the state of affairs of the charity as at
the end of the financial year and of the surplus or deficit of the charity. In preparing those financial
statements the Board is required to:
selecl suitable accounting policies and then apply them consistently.,
make judgements and estimates that are reasonable and prudent., and
prepare financial statements on the going concern basis unless it is inappropriate to presume that
the charity will continue in business
state whether applicable accounting standards and statements of recommended practice have
been followed,
subject to any material departures disclosed and explained in Ihe financial statements.
The Directorsrrruslees are also responsible for mainlaining adequate accounting records which disclose
with reasonable accuracy at any time the financial position of the charity and which sufficiently show and
explain the charity's transactions and enable them to ensure that the financial statements comply with the
Companies Act 2006 and comply with regulations made under the Charities Act
They are also responsible for safeguarding the assets of the charity and hence for taking reasonable
steps for th@ prevention and detection of fraud and other irregularilies.
The DirectorslTrustees are also responsible for the contents of the DireciorslTrustees' report and the
responsibilities of the independent examiner in relation to the
Directors/Trustees report is limited to examining the report and ensuring that, on the face of the report.
there are no inconsistencies with the figures disclosed in the financial stalements.
These accounts have been prepared in accordance with the provisions applicable to the companies
subjecl to the small companies, regime.
The report was approved by the DirectorslTrustees on
?S and signed on their behalf:
Mr Christopher Catto...
Mr Kim Mccaffery......
Mrs Jane Catto.......

Page 8
JUBILEE - LEAMINGTON
INDEPENDENT EXAMINERS, REPORT
For the year ended 311t December 2024
I report on the accounts of the company for the year ended 3181 December 2024 which are set out on pages
9t017.
Responsibilities and basis of report
As the charity trustees of the company (and also its directors for the purposes of company lawl you are
responsible for the preparation of the accounts in accordance with the requirements of the Companies Act
2006 ('the 2006 Act,).
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the
2006 Acl and are eligible for independent examination, I report in respect of my examination of your
company's accounls as carried oul under section 145 of the Charities Act 2011 I'the 2011 Act,). In carrying
out my examination I have followed the Directions given by the Charity Commission under section 145{5)Ib>
of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with
the examination giving me cause to believe that in any material respect:
accounting records were not kept in respect of the company as required by section 386 of the 2006
Act., or
the accounls do not accord with those records.. or
the accounts do not comply with the accounling requirements of s8clion 396 of the 2006 Act 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., or
4. the accounts have not been prepared in accordance with the methods and principles of the
Statement of Recommended Practice for accounling and reporting by charilies applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland IFRS 102).
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.
Mark Harwood FCA BFP FMAAT
Michael Harwood & Co
Chartered Accountants
Greville House
10 Jury Street
Warwick
CV34 4EW
Date..
i¢l T{U￿ 20Lf

Page 9
JUBILEE- LEAMINGTON
STATEMENT OF FINANCIAL ACTIVITIES
(Incorporating the Income and Expenditure Account)
st
For the year ended 31 December 2024
(Restated) (Restated) (Restated)
2023
2023
2023
Unrestricted Restrictod
Total
2024
2024
Note Unrestricted Restricted
2024
Total
Income from:
Donations and legacies
Income from solar panels
Other income
48.195
6,384
133
65
48,260
6,384
133
54,097
6,655
20
65
54,162
6,655
20
TOTAL INCOME
54,712
65
54,777
60,772
65
60,837
Expenditure on:
Charitable aclivities
Other costs
42,810
2,070
65
42,875
2,070
35,070
2.040
20,739
55,809
2,040
TOTAL EXPENDITURE
44,880
65
44,945
37.110
20,739
57,849
NET INCOMEI(EXPENDITURE}
for the year before transfers
9,832
9,832
23,662
(20,674)
2,988
Transfers between funds
(20,674)
20,674
Net movement In funds
for the year
9,832
9,832
2,988
2,988
Fund balances brought
forward
305,402
305,402
302,414
302,414
FUND BALANCES
carrlod forward
315.234
315,234
305,402
305,402
The notes on pages 11 to 17 form an integral part of the accounts.

Page 10
JUBILEE- LEAMINGTON
BALANCE SHEET
As at 31st December 2024
2024
2023 (Restatad)
Note
FIXED ASSETS
Tangible fixed assets
319,870
320,163
CURRENT ASSETS
Debtors
Cash at bank and in hand
9,203
59,260
10,612
63,375
68,463
73,987
CURRENT LIABILITIES
Creditors
21,635
20.881
NET CURRENT ASSETS
46,828
53,106
TOTAL ASSETS LESS CURRENT
LIA81LITIES
366,698
373,269
LONG TERM CREDITORS
Bank loans due in more than one year
10
(51,464)
(67,867)
NET ASSETS
315,234
305,402
FUNDS OF THE CHARITY:
Restricted funds
Unrestricted funds
11
315,234
305,402
Total charity funds
315,234
305,402
For the year ending 31sl December 2024 the company was entitled to exemption from audit under section
477 of the Companies Act 2006 relating lo small companies.
Directors, responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in
question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Act with
respect lo accounting records and the preparation of accounts.
These financial statements have been prepared in accordance with the provisions applicable lo companies
subject to the small companies, regime.
The financial statements were approved by the directors on
Ll.and signed on their behalf by..
Mr C Catto (Director)
Mr K Mccaffery (Director)
The notes on pages 11 to 17 form an integral part of the accounts.

Page11
JUBILEE- LEAMINGTON
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31st December 2024
ACCOUNTING POLICIES
(a)
Basis of Accounting and Going Concern
Jubilee - Leamington is a charitable company limited by guarantee (Company no.
8601283 & Charity no. 1153252) and is therefore governed by a Memorandum and
Articles of Association.
The charity constitutes a public benefil entity as defined by FRS 102. The financial
statements have been prepared in accordance with Accounting and Reporting by
Charities.. Slatement of Recommended Practice applicable to charities preparing
their accounts in accordance with th8 Financial Reporting Standard applicable in
the UK and R8public of Ireland (FRS 102) issued in October 2019, the Financial
Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS
102}, th8 Charities Act 2011, the Companies Act 2006 and UK Generally Accepted
Practice.
With the current level of unrestricted reserves and continued success of fundraising
efforts, the Directors have reasonable expectation that the charity has adequate
resources to continue in operational existence for the foreseeable future. For this
reason, tha financial statements are prepared on a going concern basis under the
hislorical cost convention, modified to include certain items at fair value. The
financial statements are presented in sterling which is the functional currency of the
charity and rounded to Ihe nearest £1.
(b)
Income
Both investment income and voluntary income are recorded when receivable.
(c)
Expendlture
Expendilure is included on an accruals basis.
Charitable activities include the direct cost of the activities and depreciation on
related assets.
(d)
Fixed Assets
Fixed assets are included at cost. There are no significant uncapitalised assets.
Because of the specialised nature and use of the property and the charity's policy
to maintain it in good condition, no depreciation is provided and the property is
valued at cost, which is considered to be a fair value.
Depreciation is provided to write off the cost, less any estimated residual values, of
all other fixed assets over their estimated useful lives using the following rates:
Improvements to Property- over 5 years
Fixtures. Fittings & Equipment- over 3 years
(e)
The Charily is not registered for VAT and therefore all expenditure incurred includes
Value Added Tax.
(f)
The Charity operates a defined conlribution pension scheme. Contributions payable
in a year charged to Statement of Financial Activities.

Page 12
JUBILEE- LEAMINGTON
NOTES TO THE FINANCIAL STATEMENTS (Continued)
For the year ended 31#1 December 2024
ACCOUNTING POLICIES (Continued)
(g)
Fund Accounting
The Charity maintains a general unrestricted fund which represents funds which are
expendable at the discretion of the Trustees in furtherance of the objects of the Charity.
Such funds are held in order to finance both working capital and capital investment.
Restricted funds are provided to the Charity for particular purposes, and it is the policy
of the Board of Trustees to carefully monitor the application of those funds in
accordance with the restrictions placed upon them.
(h)
The Charity has elected to apply Ihe provisions of Section 11 of FRS102 'Basic financial
Instruments, to all its financial instruments.
Financial instruments are recognis8d in the Charity's Balance Sheet when the Charity
becomes party lo the contractual provisions of the instrument.
Basic financial assets include deblors, cash and bank balances which are measured at
transaction price including transaction costs.
Basic financial liabilities are creditors and accruals and bank loans. Creditors and
accruals are measured at transaction price (cash or expected settlement amount).
Bank loans are measure at amortised cost.
(f)
Taxation
The charity is an exempt charity within the meaning of schedule 3 of the Charities Act
2011 and is considered to pass the tests set out in Paragraph 1 Schedule 6 Finance
Act 2010 and therefore il meets the definition of a charitable company for UK
corporation lax purposes.
(g)
Golng Concern
The financial statements have been prepared on a going concern basis as the Iruslees
believe that no material uncertainties exist. The trustees have considered the level of
funds held and the expected level of income and expenditure for 12 months from
authorising ihese financial stalements. The budgeted income and expenditure is
sufficienl with the level of reserves for the charity to be able to continue as a going
concern.
CHANGE IN ACCOUNTING POLICY
The valuation and depreciation policy of Freehold Property fixed assets has been changed as it
is deemed to provide a more accurate position..
Previous policy - depreciale over 50 years
New policy - not depreciated as the fair value is deemed to be in excess of cosl
This has resulted in the following changes to the prior year comparative figures:
New policy
Old policy
Depreciation
Charitable activities expenditure
Net movement in funds
Fund balances brought forward
Fund balances carried forward
Tangible fixed assets
802
55,809
2,988
302,414
305,402
320,163
7,199
62,206
{3,409)
244,837
241,428
256.189

JUBILEE - LEAMINGTON
Page 13
NOTES TO THE FINANCIAL STATEMENTS (Conlinued)
For the year ended 31st December 2024
DONATIONS AND LEGACIES
2024
2024
Unrestricted Restricted
2024
2023
2023
Total Unrestricted Restricted
2023
Total
Donations
Gift Aid reclaim
40,238
7,957
65
40,303
7,957
44,261
9,836
65
44,326
9,836
48,195
65
48,260
54,097
65
54,162
CHARITABLE ACTIVITIES EXPENDITURE
(Rastated) (Restated) (Restated)
2024
2023
2023
2023
Total Unrestricted Restrlcted
Total
2024
2024
Unrestricted Restricted
Church aclivities and
running costs
Tithes and gifls
Staff costs (note 6)
Insurance
Computer expenses
Training
Travel and subsistence
Postage and stationery
Telephone
Depreciation
17,040
991
18,525
953
1,102
1,946
614
423
923
293
65
17,105
991
18,525
953
1,102
1,946
614
423
923
293
2,661
861
25,223
1,086
1.028
1,738
346
35
1,290
802
20,739
23,400
861
25,223
1,086
1,028
1,738
346
35
1,290
802
42,810
65
42,875
35,070
20,739
55,809
OTHER COSTS
2024
2024
Unrestricted RestrScted
2024
2023
2023
Total Unrestricted Restrlcted
2023
Total
Independent Examiner
2,070
2,070
2,040
2,040
2,070
2,070
2,040
2,040

Page 14
JUBILEE- LEAMINGTON
NOTES TO THE FINANCIAL STATEMENTS (continued)
For the year ended 31 December 2024
STAFF COSTS
2024
2023
Gross wages
Employer's national insurance
Pension costs
12,457
19,155
6,068
6,068
18,525
25,223
Average number of ernployees
No employee earned £60,000 per annum or more.
TANGIBLE FIXED ASSETS
(Restated
Freehold
Property Furniture &
Property Improvements Equipment
Total
Cost
At 1st January 2024
Additions
319,870
153,540
20,099
493,509
At 31$1 December 2024
319,870
153,540
20,099
493,509
Depreclatlon
At 1Jl JanL'2ry 2024
Depreciation for the year
153,540
19,806
293
173,346
293
At 31S1 December 2024
153,540
20,099
173,639
Net BoDk Value
At 31st December 2024
319,870
319.870
At 31st December 2023
319,870
293
320,163
These assets were all used for the charitable purposes of the church. Tangible fixed assets with a
net book value of £319,870 {2023 £320,163) have been pledged as security for liabilities of the
charities.

Page 15
JUBILEE - LEAMINGTON
NOTES TO THE FINANCIAL STATEMENTS (Continued)
st
For the year ended 31 December 2024
DEBTORS
2024
2023
Accrued income
Prepayments
Social security and other taxes
7,955
972
276
9,552
1,060
9,203
10,612
The accrued income figure is in the relalion to gift aid not yet claimed.
CREDITORS: amounts falling due within one year
2024
2023
Bank loans
Social security and other taxes
Accruals
Other creditors
18,649
17,758
24
2,076
1,023
2,076
910
21,635
20,881
Creditors falling due within one year include secured creditors £18,649 (2023.. £17,758)
10. CREDITORS: amounts falllng due after one year
2024
2023
Bank loans..
Due in more Ihan one year but not more than two years
Due in more Ihan two years but not more Ihan five years
18,650
32,814
17,758
50,109
51,464
67,867
Creditors falling due in more than one year include secured creditors of £51,464 {2023.. £67,867).
These loans are repayable in 2028.

Page 16
JUBILEE - LEAMINGTON
NOTES TO THE FINANCIAL STATEMENTS (Continued)
For the year ended 3111 December 2023
11. MOVEMENT ON FUNDS
(Restated)
Balance at
01.01.2024
Income
in year
Expenditure
in year
Balance at
31.12.2024
Transfers
Unrestricted funds
General funds
305,402
54,712
(44,880)
315,234
Total unrestricted funds
305,402
54,712
(44,880)
315,234
Restricted funds
Building Fund
65
(65)
Total restricted funds
65
{651
Total funds
305,402
54,777
{44,945)
315,234
12. ANALYSIS OF NET ASSETS BETWEEN FUNDS
Tangible
Current
Flxed Assets
Assets
Current Non-current
Liabilities
Liabilities
Total
At 31•t December 2024
Restricleé funds
Unrestricted funds
319,870
68,463
(21,635)
{51,464)
315,234
319,870
68,463
(21,635)
(51.464)
315,234
At 3181 December 2023 (Restated)
Restricted funds
Unrestricted funds
320,163
73,987
(20,881)
(67,867)
305,402
320,163
73,987
{20,881)
(67,867}
305,402

Page 17
JUBILEE - LEAMINGTON
NOTES TO THE FINANCIAL STATEMENTS (Continued)
For the year ended 31st Dec8mbèr 2023
13.
RELATED PARTY TRANSACTIONS
One of the directorsllrustees, Rev Kim Mccaffery. received a part-time salary of £9,002 {2023..
£12,397) and was reimbursed expenses of £4,965 {2023'. £3,624) for his employment as a minister
of religion (church leaderl in accordance with the Articles of Association.
No salary was paid for the role of directorltrustee. Retirement benefits are accruing under defined
¢ontribulion scheme for Rev Kim Mccaffery.
His wife Rev Elizabeth Mccaffery received a part-time salary of £3,000 (2023.. £3,507) and was
reimbursed expenses of £nil (2023: £98) for her employment as a minister of religion (church
leader). Retirement benefits are accruin9 under defined contribution schames for Rev Elizabeth
Mccaffery.
Mr Philip Dowling received a part-time salary of £nil12023'. £3,250) and was reimbursed 8xpenses
of £nil12023'. £1 ,714) for his employment as a minister of religion.
In accordance with the Articles of Association no directorslrelated parties are involved in the
decision making and setting of remuneration packages.
No Directorrrrustee was paid more than £60,000 per annurn.
The total amount ofdonations received from Trustees during the year without conditions amounted
to £21,620 (2023.. £22,887).