JUBILEE- LEAMINGTON {A Company Limited by Guarnntso) DIRECTORS. REPORT AND UNAUDITED FINAMCIAL STATEMENTS FOR THE YEAR ENDED 31- DECEMBER 2025 Company Number. 08601283 IEngl•nd and Walos) Charlty Nwnb9r. 11532S2
JUBILEE- LEAMINGTON INDEX PAGES LEGAL AND ADIAINISTRAMVE INFORMATION DIRECTORS, REPORT INDEPENDENT EXAMINERS. REPORT STATEMENT OF FINANCIAL ACTMTIES BALANCE SHE 10 NOTES TO ThE FIMAMCIAL STATEMENTS
Pag• I JUBILEE- LEAMINGTON LEGAL AND ADIAINISTRAMVE INFORMATION Charty Number. 1153252 Con¥)arry Numtw. OW1283 (Er¥Jl arKI INaks) DIRECTORS.. MF Chrislopfr Catto Mr Mccaffery Mrs Janè Calto GOVERNING INSTRUMENT.. {England & Wales) MeMon aNI Nxbths YKcwaled 8th Juty 2013 REGISTERED OFFICE. 38 Jwdain Park Heathrxte CV34 6FJ CORRESPONDENCE ADDRESS: 10 Berrington Road Learwon Spa CV31 1NB INDEPENDENT EXAMINER.. Math HarClI FCA BFP FMAAT Michael & Co Greville Hthjse 10 Jury Street Warvlick WaTh•i¢*shKe CV34 4EW BANKERS.. HSBC Leamwon Spa Waphryckshwe CV32 4BU
Page 2 JUBILEE- LEAMINGTOM DIRECTORS. REPORT For the year endod 311 Docombor 2025 The directors present their reFKKI aTrJ ffinaal Statern ofthe cwrityfor ts year erNtsJ 31 St December 2025. direLor5 have adopted the wo¥iwns of Statement of Reo)mmeThJed Practice ISORP} 'Accountr'ThJ and ReKth"ng by Charibes- IFRS 102) in wepan"r¥J ts annual report and finanoal stalents of the chanty. OWECMVES The ObJectNe5 of the Chanty are: 1. The advaneefnenl of the Chrislian rduion in the United rydcrfn overseas in accordance wlh the slalerynt of farth prrAluced by the Evaelal AJh"an 2. Ttr a(Ivaneement for the publK tfil of religKAts aThJ other educalic Financial hardshrj Or sorr¢ other reason By any proper means as the Dire(10rltslees think fft and indJIng {vthe appropriate but not by way of linMtatKJnl the wo¥ision of a0. of gwj prarli$ lo c(Mnbal stKh coThJrtions 4. SLrtI oltr Laiitable pwpOS as ts DWeln&8tees ther absolule dis( thirt fft. This promsion may be amerthd ty special res M MIY Tmth thè prior Itten cortsent of the Commission. How our activlt19s dgllver ubllc bonefft Much ofthe work that Jilee . LeaMryt( perfoff has qualita11 ThasenI. That is. Ctn.bUte lo the church arvj the sUrrOd in a numiwofoften itarJible vtJy3. T$ seth.on aims to express a number of achiever1tS in line with ts chanty's otieclNes. and to inde quantitative rrasureMentS knere possible. The Directorrustees ar¥J aderS of the thurth have considered the Commission's gUidae on public bfil and. part. ts speafic 9 on tharitts adVart of re14gion. ORGANISATION Jukn'lee - Leaminglon is a chartsble ecAnpary limited ty guarantee ICrMTrf)ary no. 8601283 & Charity no. 1153252) arbj i8 therefore. g0very ty a MerTrum arbj 1CS of AssrAiation. 11 is regislere(l as a Chanty the Chants cLr10n. The dOrS have no irrterest in Its )n'S assets or surplus and, %Mih the exceplion of Mr lQ"m Mccaffwy. tlw receive remuneratson. The DirectOrsrustees aTh1 haNe resp(xtsitrflty for the ger1, gal and fiscal oversvJht of the tharitable Company. To lulfil its obJeLves, jlee . Leamrokni fJYMjts a Nmber of actr¥itS ttwhcMJt the year. Many of these are run as part of Jublee Churth. tmrt an irKxeasing rKmtr of events are run in the cornmunrty as Jubilee- Leamington. As srMr people wefer lo meet ¢Jrfir, v run a tybn"d fflodd of rnting online and in person.
Page 3 JUBILEE- LEAIIJINGTON tMRECTORS' REPORT For the year 8ndgd 31•t Dgcember 2025 Day lo day ofthe dltable CoThpanywas mjertaken bylts folky4•Vlg pewe: Kim Mccaffery (part. time employed), Elriabeth Mccaffery (part-tsrre employed). chris10[ Catto Ivcdunteerl. ja Catto (volunteer). Tlw provKJe ¢Jirecbon lo Jthike. Leaiwon tharilable adwities aNI thurch. The church is link to Bethel Ler5 a cn>ss-denominatK)nal group of Chrith"an churcl auoss globe. Tr key lers n1 lne e9arty wilh ots uK-Sed ade in this group. and also ¥th other leaders ilhin Ihe kKzl aa when possible. Kim & Elizatieth Mccaffery are ordained in the Order of St LeLMard aThJ wulaty ttm. Jubilee . Leamiryton has been involved in equ¥)FTrJ of Christian ministries IhrouglNyJt ts year. In 2025 Jubdee. L&Ilon ContsTh to be ilh Fwnty mukn'pkCan {fty Acts Now Mofnenll. a y4e Chch grOth m0veThnI. We have benefftied from Iheir training and resours. By Iheir resour. ¥ have seen Feopbe gru4¥ aThJ de¥ebop in their farth. Wth Kingdom Famity Mulb"plication, Jubilee Leaders have teen inw)Ived in facjlitating Zoom trainirKJ for peop across the globe. The Churth c(xrtin in relaliothp ith Betr Cluth. R&J"r¥J. Calrfwla. JL)ilee Church is also a {neMb ofthe EvaThkal an (¥gaThsatx)n tthich Ctststiar togettEr across ts UK prr"1j Ctsan vaths. The legal li. Dir•ctornifvust•o Appolnlmert Inductlon and Tralnlng. Cuffenl arNJ future Direc1rr8tees are aPpted aftercorrdJhation ryth aThJ recommeJation by those listed above aTrY are required lo be in agreet ar#J con¥nitted to ainL4 and obpcbves of the church as set lxrt in the trust deed a1 supplementary Statern of Farth. Trainirwj ts DreQixSru5tees is rEknJ Tr Essential T[Stee. lo kn(xrf wepared ty the Chanty corvwnisslor. TIMS ts lanf(¥j tWI Iraw group. Irbjependent training wll be refreshed as 1ceSsary. Rlsk PAan•ggment The Directo[uSteeS have e5tsbh5Id a systn of risk ManagennI Ihat considers both the strategic and operational llsks to Ihe chanty. Aa#)n plans teen pl to manJJe key ttsks, aThJ t are documented rtsk assessmenls ts all key areas of a1 tharrtable acbwts, irthw Drkn'rwJ ¥Mth children arKI tsallh a1 satsty i55ue5. Culn1[Y are not hoklirJ any thhjren's ac¥rt*s 8 SuNJay momiThJ. have shortened our meetings a1 made t17 rr ithr¥e ftx thildten. TIMS started as a F)8e to COV.19 bul has conts'nued as V explore best to ser¥e parents tske responsits'lty for educatiry their th"kJren in the Chnstian fath.
JUBILEE- LEAIAINGTON Pa99 4 DIRECTORS. REPORT For th• year ènded 311t tlKembèr 2025 ACHIEVEMENTS AND PERFORMANCE The advanc8mert of the Chri5tlan lon In the UK and abd As a tesull Of invol¥EnI Arth."rorn Famity PAuttlFdicatK. have amended our fots. We are now •ilenti8lty fO(XLsS M M"NJir¥J gcth of Jesus and His Kirydrm to those vtho do yet know In 2025 charJed our neting SCdle so that every other Surkjay momiry in homes or in the communty. and in our buildrNJ alternale SuTrlay e¥eThngs. SuTraay momir¥Js follthv a 4-kty cyde of Prayer and BlessiThJ. Fellowsh1CnnwJnty arKI Eqw"rj. &JrvJay eveniThJs are an opportunity for cebratn aThJ LeamiThJ rrm of G(xl. Our mithhEek groups a fthJtssed ort trainiry evwyLTh to be0)n discips are able lo make olher disaples usiThJ Ihe KiFWThn Fanily MulliplicalM)n 15 Steps prCjram Every week there are opportuniiEs to reach oul to Fwle in the town usiNJ SO of the skills leaml Irom Spirit Cafe, Healing Rooms arml lQrylom Fanyty Mulb"k4icabon. As a resull of this tharge in emphasis. we have had over 2,0 spwitual coror$ 7Afjlh twle. We have also seen 1 person baptised in 2025. PAe•tings Ckn nwb"ThJs a1 ccrnwjty gr(MWS are fiJJamerrfal to Jth4ee Chwth to advan cu Vision an¢J build a church based ". RefreshiThJ aThl Communrty groups. Outreacwserving ttie crAMKWty', Training aThJ disa1 one anots in ts liviry of Clwtslian vakEs. These galhen'rwjs fall into ts drlferent types of as (xrtl#W atMAe, are OFen to anyone vho t)uld like to w(ShIp arnl grow in GCKI a5 part of a Christian nMUnrtY arKI lo affi aTrJ eXper1er more about liwng as a Christsan. abo n1 ffjfomwlty pIe have expressed an interest in leaming mfxe as a result ofconversatKx6 (m tr street. AJI meeting5 are rKYN k1 in pers(m. trtrt some e akn availat4e on Zoom Youth and chikjren continue to me atA)Lrttsff fath by patt"tsP8tNwJ in &Jnday arbj mKI.vKek rrttliThJs as appropnale,. Ihese are alleThYed ty dHkI aTrJ from the thurch aThY I"r fnends. Good IAornlng J•sus This wrds started duriry k)thd(Mn to W Feople get irkn a and S"r¥ rtrylhm of lrfe. We meet 5 momings a tek on Z(N)m at 08.15 arJ start the day interath"tvJ 1h Jesus aThJ eaL other. This u)ntinues lo run successfulty and is attende(J by some from the V•Jder commuThty. The advanc8men ubllc ben ious and othgr oducatk)n Many of the adivilts listed under adVanment of the Christian r10n Incl and. bndeed. are sometsn exclusF¥ety based on the adVarneI for *IC bfft of 1j10V$ elatr"On. or primary relevan here is leachiWanThJ done 1hrott wr vario8 thwch rIng$.
Page 5 JUBILEE- LEAMINGTON DIRECTORS. REPORT For tho year 8ndod 314 December 2025 Jubilee. Learrmngton is in¥c4ed in oltw adr¥rybts to tyik1 the IxM)Nrty arKI train Fecf4e'. Additional adership trainiTrJ IQM & Elrzabeth Mccaffery are merrts5 of a mentmw c£xnmimty caNed 'Bethel Leade Netwoth. wn from Bett4 ChLK¢h. Red(liry, Calrtomia. TTris prowdes fortnKJhty online leadership training. netlthry aTrJ Sort. TW also lti ottw thurth kaders possible. In Jarrtjary, 2 leadws n(Mf Momfi jh1 a team to train. equip a1 encourage JutJ"lee rrwnbers in pradL?l evawism. ThroughLKrt 2025 "M & Eliz Mecalkny aThJ Chrislokthr & Jane Catto ccffrtinugj lo host an online monthty nEeling frx on A(ts Moment CO3es. Here tlw rert how Ihey are prc¥3ressirKJ •) Iher local ccrfnThKth. Thi8 groLP is provir#J very successful aThJ enc(wJraging for all in¥(4ed. "m & Elizateth Mccaffery a1 chItst & ja Catto a5Si5t&J Kiwm Famity Muttiplication ryth Several sesswts of onh'ne traNiiro for degales in ThaiiarKI. across Europe and in I Intemab"I Athtics comr1rty. Trainw and coachirKJ 5essK)ns v atso provided for the A¥vakening EuroFe Million M(th Campaign Uwwh(yJt Jy. This atso in¥oW a day assisting al IAonth event in Man(ster. ThrOh OSL suppjled (rf 8 missiry ganIsa(M abTo&J irNolbEd in provNJing bhcal teath.ry a1 a for ¢Warts. Spiril Cafelgoskw ctxNtrsati(xKs n Ihe ttr4m certre t(M)k place aknost e yek throughout the year. encourawrt to the sick. The JIke HealiFWJ Rooms in nlan with the National Associth'on of HeakThJ Ro(xns glide1 n 2016. Tlwhwt 2025 rTh)¥ed Tr Healing Rooms and Sprtcafr onto the streets. al least trhice a rFh)nth in Je&knson GardenpUmp gthriry in our tsJihJwvJ. È started sevwal to tt Cl¥ISb faith ty nelir¥J with them infoal have oJrwit p[nISeS. Life Chwth Lealityt u5e5 Ihe Jthlee txa"hJiThJ on nday momirrfJs to acc(Mnmodate thew neting. Tho rgligf su UK and abroad rt and enc hanod and dlsab Inthe Jubilee . LeamiWon has a1 iH look for to to run a nurnbèr of example of JeSLLS and this11a in the Bible. Exanw ¥j.. Strewnirwj commLfftty Ihrough mee11 guity tr fellrA¥ship aThJ prayer. aThJ S1c0m1ng
Page 6 JUBILEE- LEAMINGTON DIRECTORS. REPORT For the year end¢d 31" Decofflt 2025 Personal aTrJ 5pirilual devewwil Ihr(wJh one-to-one or small grwp discipleship and encouragement. ProvKliNJ meals and SUFWrt lo parwts after a baby is bom, C during ill heallh siluab"ons. GMrrfJ mofw or grfls to tr#)se I) matefial e. Jubilee. Leanty C£1 tardS Clytslw ri15 in varKU% African nations. FUle Plans Jubilee - LeaM1W C0th"n to I(k into ways of mcrfe deepty Invo in a number of coMmunitS vthin Leamiwon e.g. pe Festsval ltsJrrentty on hold Sin paTrJemicl. offering mentoring for new dwipks based on the Fanwty mulb.10ll 15 steps prograrrthe. Jubilee HealiThJ RoLKns, mLs trainir#J. et Flnan¢lal Revlv The Charrtable Compary m a suwus of £18.304 duriThJ 2025 {2024.' £9.8321. The trustees acknovAedge that 2025 was another challervJing year financialty. People ha to support Jubilee generously and many ha transferred IfK grfl lo slandiry order or online. contracl frryn March 2024, aThJ this c(rtinUed 2025 Fundlng The prinupal lundirKJ sources OfJ11ee. Learrirykni arelhrwlhe ga)erts gi¥iThJ ofthose associated th Ihe thurth aTrY Ihose affiliatsd to the Gfft ANJ 15 a conSKknble pcxtion oftlis f11. Juts'lee. Leanmngton's expeIllUre has efk(lpty siwed obJe(¥es of the chanty through.. EroyMert a1 trainiry of full and part.tin staff aThJ volLHrteer5. ENEnts in SL1 of Ihe dwiity's aThJ Oi4e¥es. Gtfts lo those in financi or material need. In addition lo gertral expeTrJrtu. churth seeks lo rnake 5pEcffic 0-Off grants to respond to Nnmediale edIr¢nSIan aovdarKe vth ts trust's objethves. In SO cases a special colle1xn is tsken by the thurch aThl in ots &qses grnnl ts made froffl gerwal thJrMts. In¥8stment Pollcy Swplus fu1$ a rev%%ed on a tjasis. Tr aims of NTr¥eslment policy are lo maximise the relums aChved subied to mN¥mal risk a1 tl requiTerYwtto mawtsin sh(M1 tem) availa.1 ofall hjnds. Grants Policy Jubilee - Leamington is r)t primarity a grant giviffj carFty. HLrAew, rt does seek lo be generous aThJ support a number of other (KganisalKMs Nwth $i1ar aiNts aj oiie(ths. Jubi* gives regulaty lo ministries in Afn'c2n nations vra the vKJrk of the Order of St Leonard abroad. We aLso 5UPP<Nt various VID0%de evangelism and trainwwj ministries.
PagB 7 JUBILEE- LEAMINGTON DIRECTORS. REPORT For the year ondod 31•t Docembow 2025 R6ser•es Pollcy Tolal reserves at the 31 De(nty 2(r25 stcbyj at £333.53812024: £315.2341. of bthich £319,870 cost of prr4)ety ovmed by the tharrty nardrj £13. 15 freety available12024: -£4.636). JLtiibee . Leamwton awr6 to tsjkl of a mnvnwn of ltsee expeIlle as general reseryes not tEd up in prcpth. Ths aThKXYrt to £12.153 at the 31 Decanber 2025 12024.. £11,236). The Difectors are aware Ihat our reserves are QYTerty in exrms of Ihi8. HoVer, being a small chartty are partiwlaty rE[able lo the effects of reded dOnat)n. Al this e thw it is ad¥tsable lo Dlrvctorn Responslbllllles The Charits Act arbj CoThpary N£t require ts Board of DIrectol[tees to ppaTe finanaal statements for each finanual year give a Inje aThJ fair of ts slate of affairs of the charity as al the end of the fiancial year arKI of the dthil of Ihe charity. In preparin9 Ihose finanaal slatemerrts the Board is required lo". sew suitsble accountirwJ l¢le5 arKI t1 apF ttvn CfXL8iStenty', make jWments and esbmales Ihat are reasonab arbj aThJ prepare finanaal statents ccthn basts wless rt Is iiapprtyiate Io Presume thal the charrty Vlill C¢Jrt1r in blnesS been follo0. suty.ect to arry material departm dsL#osed eXplad in financial statements. wrth a$(lable aracY at trrTE the fin¥Mial of Ihe dwty a1 sufficientty show aThJ explain the chanty's transaCtM aThJ enable lkn to ertsLre that the finanual stslements ccrfnpty th the Companies Act 2CQ6 a1 7Mth made uxler the Charites Tfw are also respcystle for safeguardry tt assets of the ctiwity and hen for taking reasonab The Director5trFUStees a also respry1b for Ihe ¢tents of D¥er151ees, ret and the Ymsl1rts of IrKlepnI exa1[ in relat to DireCtLSteeS re[ 15 Iunrted lo the reFNt aThJ erwwiThJ Ihat. (m of ts rwt, subJe(a lo the small CO. regin. .. arwj sigwj (m trw"r tatr.. Mr Christoplr Catto..... Mr Mccaffery.... Mrs Catto.....
Page 8 JUBILEE- LEAMINGTON INDEPENDENT EXAMINERS. REPORT For the year ended 3111 December 2025 I rep(Kt on accounts of the ccryatry for Ihe ended 31s1 2025 V•fith a set out on pages 91017. Responsibilities and basls of rewt As charity trustees of the CC¥Tpary also ts ded(S for pwposes of company law) you are responsib for the FyepaIath of Ihe artS in aCC(yda 7hTrth reqUirnents of the C(Mnpanies Act 2006 {Ihe 20C6 Art'l. Hawng satisfied myself that ts accounts ofthe comparry are nol required lo be alited under Part 16 of the 20 Ad and are dNJible tr iThjent eXaFThnat1, I report in resrca of nry examination of yoijr jmpany's accounts as Cad out urbr se(Aion 145 of Chanbes Act 2011 2011 Aca'l. In carwng OLrt my examination I have follNtd DJ"reclNyts gibEn by the Charty Convnission uThJer secb.on 14515){bl of the 2011 Act. Indep9nqlgnt gxamlMrfs stat•m• I have coMete ry examination. I confirm Ihat rKJ mattws habe CATr to my atterth in conne(ath w7th the examinalion gi¥irKJ (2Ltse to that n ary malwial respect.. 2. the accounts do not aKd vAth ttKtse rec£¥ds: or 3. the a¢xounts do not cOmY wilh ts ac(x)unb"NJ wuirenHrts of seth'on of the 20( Act other than any requirerrEnt Ihal accounts gNe a and fair is not a malter consideied as part of an indepermlent examinali(ffi." c 4. the ac£(MJnts have not been prepared in ao)ydance methods and prirrips of the Statennt ofReCKmed PractIforaCclry arnl F0th"ny by LantEs aFvlicable to tharities sYeparirwJ tr*ir acccyjnts in aCcrmdae Funtial Rewtir¥J StaThJard applicable in the UK Repubjic of Irelarxl IFRS 102). I have no ncernS and have ccrfne aeross no olher matters in cA)nlon examination lo which attenlion should be dravm in this rewt in cKder to enable a proper understarnlirwj of aUnIS lo be reached. Mark HaTh¥oc#Y FCA BFP FMA4T Michael HaA¥ofyJ 8 Co Chartered Accountanls Greville House 10 Jury Street Warwck CV34 4EW Date.. ,ffj20
Page 9 JUBILEE- LEAMINGTON STATEMENT OF FINANCIAL ACTIVMES Iln¢orporatlng the In¢om• and Expendltyro Accounll For the year endod 31" Oecember 2025 2025 2025 2024 2024 2024 Total Inconw from: Donations and *acie5 Other incoff 48.423 18.494 48.195 6.517 48,260 6.517 18.4 TOTAL INCOME 66,917 54,712 Exp9ndllurg on: • CharItsb aclNiI Other costs 46,244 42,810 2.070 65 42,875 2,070 TOTAL EXPEXDITURE 48.613 44,945 NET INCOMEIIEXPENDITURE) for thg ygar before transfer5 18,304 18.304 9.832 Transfers belwn fuThts Net movemont In lunds for th• year 18.304 Fund balareS br foThrnrd 315.234 315234 305,402 FUND BALANCES carrled forward 11 315,234 315.234 notes on pages 11 to 17 fm an ntegral part Of xcwrts.
Pago 10 JUBILEE- LEAAIINGTON BALANCE SHEET As at 3111 D8cembgr 2025 2025 2024 FIXED ASSErs Tangle fixed assets 319.870 319.870 CURRENT ASSErs Deblors Cash at bank aThJ in haTrY 9,147 62.292 9.203 59.260 71,439 68,463 CURRENT LIABILMES Credrtor5 23.182 21.635 NET CURRENT ASSETS 48.257 46.828 TOTAL ASss LESS CURREI LIABILITIES 368.127 366,698 LONG TERM CREDrroRS Bank k)ans in rYKYe Ihan ye 10 {34,5891 151.4641 ASSErs 315,234 FUNDS OF THE CHARITY: Reslri(aed ftjnds unrestn.cted fvThJs 11 11 315.234 Total ¢harty furwjs 333.538 315.234 Directors, statements.. F the year endiry 31st Dec 2025 If c#Jnpary was entilled to exempti from 8rt under section 477 of the CoryaThes 2( felatirThJ to small companies,. The member5 have not requwed Ihe crynpany to olAain an ajIt of rts acUnts for the year in queskn.on in accordan Yh secb.on 476.. The direcJor5 ackn¢ t1"[ reswnslbth$ for c(Mnp1rj 1th the requirements of the Acl wiéh respect to aeu)unling records aThJ ts preparalion of a¢couF. These financial slatemefts have been wepared a(x(ffdaFKe *rylh the prOv10n$ applicable to companies subje(a lo the small conWans. regime. ..al wgned on their behaff by.. li Mr C Catto (Director) Mr K Mccaffery I The rleS pages 11 to 17 fomi an wrtegral part Of accounts.
Page11 JUBILEE- LEAMINGTON NOTES TO THE FINAIICIAL STATEMENTS For thè year ended 3111 D¢¢•mber 202S ACCOUNTING POUCIES la) Basls of Accounting Jubilee - LeanWryt is a charitable corryany Iwnited ty guaranlee (Company no. 8601283 & Chanty no. 11532521 and i8 Irele gover by a MemoraThJum aTrY The eharty consbtutes a putthc entsty as defined by FRS 102 The financial Ststents have been prepared in acdanc£ vith AccounliThJ and Reporting by Charrties.. Statement ol Recom Practice applicab to chall5 preparing their account5 in accon the FinarKial ReFthw Star#Jard appliCae in tl UK arwj Republic of Ireland {FRS 102) tsSL11 in OLttotw2019. Financial Repc¥ting Stsndard applicab in the unl KIng(kl a1 RewtAK of IretatNI IFRS 1021. Charilies A 2011, the C(Jiwar¥es 2( UK Gaty P<ceOed l¥a(kn. lth Ihe uJ¥rent thl of uNestrh#ed reserves a1 c(dinl sU$S ol (v1raisIng efftirts. the Dwe(aors ha¥e reasonable exWtr)n thal ts charrty has adequate resour to (X)ntin in o[w11 existence fw the fweeatjle ftrtwe. For this reason. the finanual ststenvrts are prepared on a goiThJ cm%m basis under the histcwl 51 crm¥erikn. nKJrfEd to 1Je Certa rtem5 al tdir value. The finanL?al rwrmted to £1. Ib} Income Irun i8 recognise(l as inccfft frcrfn exthary trati$ (contract income) aThJ extharvJe trawtions is recei4BJ by the diarty for go(¥Js or Servi supplied under cortract or vkwe wknVerrf is to fvffillrMJ perfrnn rdated cormlilions. The income the Charity receres is app0Ximatefy equal in value to the gocts or servi by the tharrty to the wrthaser. I1oMe fn)m ThJ)xchaThJe transacb.ons is excharKJe. aTrJ indje$ dona of nw. g(K1s aThJ services ffeety given without gMrYJ equal vath #i exd. statent of Finar1 A(¥ilEs ISOFA) on a receivable b&8iS, 141 a transaction or otlw evenl resulls in an ile•Se (W$ assets a redliOn in its liabilit rrEasured rdiatty. l ITOrne is actourtsj ts gr(6s. tth ded1 ary relaled fees ry costs. SORP. FL¥IW ¢jeta $ gi¥en in the DirerAors' ReF*Nt. Ic) (d) Penslons a year tharg&J to StateFwtt of FinarKial At#ivths.
Page 12 JUBILEE- LEAMINGTON NOTES TO THE FINANCIAL STATEMENTS Iconunued) For the year end8d 3111 I)ecembor X125 ACCOUNTING POUCIES (Contlnuod) (el Fixed assets are WXjed at c#)sl. Tfwe are s•Jnificarrt uncapytalised assets. Because of the S[all$ed nature aThJ use of the proFety a1 Ihe tharrty's poliry lo maintsin rt in gcKhJ corKlition. dewe0"atn is PTovbJed propety is valLd at cost. 15 ccThhknd to be a fa¥ vue. Deweuati'on 15 to Tmite off the less any eslvnated resJual va. of all Improvements lo ProFty- 5 years Fixtures. Frttfftgs & Equyil- 3 yews ifj Financial Inslruments The Charrty has eded to aththe wo¥is1 ofSe(aion 11 ofFRS102'Basicfinanoal Financial inslruments are recogiysed in the Chanty's Balan SI the Charrty Basic financial assets indude debt$. cash bank balar are measured at transaciion dlIng traTctIOn costs. Bas finala1 liabilrtes are L¥edli0 and acrAwts a1 bank loans. Creditors and acuuals are rw$U at traxtsactNJn pvKe (cash oreXrtt1 setIleI am(11. Bank Ftsnd A¢¢¢)unting The Charity maintains a gereral unresbi"(tsd fund represerts fdS vhich are expendable at discretion ofthe Trustees in furtwarfe ofthe Liy'ects ofthe Charity. Suth are hekl in IMSeT to fina bcth thing capylal arm1 caprt81 investment. RestrvAe(I IJS are F¥Ie(l to ts Chanty parboJlar wpose5, and it is the pol of 8oard of Trustees to carefvhy mcit(K Its appkakn of Ih05e funds in accor(la restrKlions placed w)on them. Ihl Taxatlon The chatity is an exempt ¢anty vthin the mEarNrKJ of schedube 3 of the Charities Act 2011 and is conshjered lo pass lests set out in Paragraph 1 Schedule 6 Finan Act 2010 and therefore it MlS the definilK)n of a Charitab rJ)mparry for UK The Charty is Tegstered VAT arKI au exwwjitsj Incrred indLKJes val Ayded Tax. Golng Concern The finanual stalents hale been wepar&J a gcMrwJ c(rfKem basis as trustees believe that no material unlaintIS exist. The truslees have consKlered the level of fiThls arnl exed le1 of Ome arJ eX[lire for 12 months from aulhorising tse ststements. bLtyted irtC0rr and expeTrYiture is sufficient V•ith of reserves f(¥ Il dwty to be abk to conlinue as a going conrn.
Pw13 JUBILEE - LEAMINGTON MOTES TO THE FIIIANCIAL STATEMEKfs (ContInd) For the year ended 311t DecembDr 2025 DONATIONS AND LEGACIES 2025 2025 2024 2024 2024 Tolal DonalK>ns Gift A*J reda 40,163 8.195 40.228 8.195 40,238 7.957 40,303 7,957 48.423 48.195 48,260 OTHER INCOME X125 2025 2025 2024 2024 2024 Total Solar panels Room hire Miscellanecus 10,289 8205 10.289 8.205 133 133 18.494 18.494 6.517 6.517 CHARITABLE ACTrVmES EXPEIIDITURE 202S 2025 2025 2024 2024 2024 Total Church adivths ar¥J runniThJ costs Tithes arKI gtfts Staff costs {note 6) Insuran Computer expertses Training Travel and slSten Postage arKJ statIry TephOne Depreciali 20.352 2.054 18. 1.119 1.4 1.469 20.417 17.040 17,105 991 18.525 953 1.102 2.054 18. 1.119 1,49) 1,469 552 18,525 953 1,102 1,946 614 423 923 293 614 423 923 293 1.105 1.105 46244 42,810 42,875 & OTHER COSTS 202S 2025 2025 2024 2024 2024 T•>tal 2.070 2.070 2.070 2,070
JUBILEE- LEAMIIIGTON Page 14 NOTES TO ThE FINAMCIAL STATEIIENTS (contlnuod) For the year endgd 3111 D¢¢ember 2025 STAFF COSTS 2025 2024 Gross wages Pension costs 12,028 12.457 6.(8 18. 18.525 Average of empb)yees No employee eamed £60. pw ann1 w more. TANGIBLE FIXED ASSErs FehOld Property Fumiturg & Property knprovwnents Equipfflgnt Total Al 1st JarJary 2025 Addth'ons DisposaLs 319.870 153.540 20.099 493.509 (5,033) (5,0331 At 31 Decents 2025 319.870 153.540 15,6 488,476 At 1st January 2025 Depreuatson fof the year Eliminale(J on disposa15 153.540 173,639 (5.033) (5,0331 At 31# tktmbw 2025 153.540 15.(K6 168,6L Nèt Book Value Al 31& Deomber 2025 319,870 319,870 Al 3111 December 2024 319.870 319.870 These assets Vre all used for tr chairtaLle purposes of the chwch. TaNJible fixed assets ilh a net book Val of £319.87012024 - £319.870} been pledge(J as secunty foi liabilTties of the charittes. DEBTORS 2025 2024 8.176 971 7,955 972 276 Prepaymenis Sooal security aThl other taxes 9,147 9,203 The acc1 incoff rU[e is n relatxx) lo Grfi Aid on 2025 dall5 not ¢Yawid trI aftet the year eThJ.
Pap16 JU81LEE- LEAMINGTON NOTES TO THE FIMAMCIAL STATEMENTS {Contlnuod> For th• y•ar •ndod 311t De¢embor 2025 CREDITORS: amounts falllng du• Tlihln on• y•ar 2025 2024 Bank loaTrs ACcnL Other ¢reditLWS 19,652 2,394 1,136 18.649 2.076 910 23,182 21.635 CrtorS IdllThJ due will¥n year YKkMle Seced crtht< £19.65212024.. £18,649) 10. CREDITORS: wnounts f•lllng du• ts on• y•ai 2025 2024 Bank loans. Du8 in more than one year mm Ihwi t*rt) yews DLE in more than IM) yeafs but fr¥E yea 19,652 14,937 18,650 32,814 34.589 51,464 Credrtors falliThJ in rrnre thwi se¢wed credrtors of £34.58912024.. E51.4641. These loarf6 VAI be repaKI in 2028. 11. MOVEMENT 011 FUNDS B•l•nce al Incom• ExpTrdllure 01.01.2025 In yur In year 8alane• at Trnn•fwB 31.12.2025 GefEral funds 315,234 148,548} 333.538 Totsl n1nded fJ5 315.234 {48.$48) 333.538 Restrlcled funds Buikling FurKI 65 (651 Totsl restsiclwl futhls {651 Total fvrKIs 315.234 06,917 148,613) 333.538 12. RESTRICTED FUIIDS Buiklry Fw reTrd lo be spenl Ihe mairrtenm ofthe wopety
JUBILEE- LEAMINGTON Pay 16 MOTES TO THE F114AMCIAL STATEMENTS (Continugd) For Ihe year endBd 311t D•¢embor 2025 13. ANALYSIS OF NET ASSETS BE[yEN FUNDS Tangible Current Current Non£unent Uabilities Liabilitios Total At 31" 1)gcombor 2025 Restricted lunds Unreslricted funds 319.870 71.439 (23,182) (34,589) 333.538 319.870 71.439 123.182) 134,5891 333,538 At 31•1 D¢¢•mber 2024 Restricted ftJn¢Ys Unrestncled fijnds 319.870 68.463 (21.6351 (51,4641 315.234 319.870 (21,635) (51.464) 315.234 f& RELATEO PARTY TrANSACTIONS Or of direclorsltrustees, Kwn Maffwy. r15 a part.ti salary of £9.002 12024". £9,002) and was reimbursed expenses of£5.28312024". £4.5) for hE employm&# as a minister of rel10n Ichwcl) leaderl in accordan A"(JeS of Association. No salary was paKJ for ts rofe of directornruslee. Retir1 benefits are acL¥uirwJ uThler defird contribution s(kne fty Rev Kim Mccaffery. His Rev Elizabeth Mccaffery a part4 salary of £3.{ 12024.. £3,OCrfJI and was imbursed expenses of £nil {2024." £Th1) f¢x her employment as a minister of religion lthurch leaderl. RelirellEnt benefits are accnMrwJ uThJer defined contn'lxjtion for Rev ElizaiElh M¢Caffery. In accofdanc Nmth the A'C*S of Ass¢yiatKm no remunerated direclorslrelated parties are invo in the decision making arNJ Setting of remuneralion packages. No DIrectorrUStee was paid rnore than £60.[ per amjn. The lolal amwnt of donatiLKL% Tecwved Twstees dwiNJ the yearwi1Ul coThJrtions amounted to £20,24012024.' £21.6201