JUBILEE CHURCH SOLIHULL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31" MARCH 2025 CHARITY REGISTRATION No: 1157124 COMPANY REGISTRATION No: 08991495
Jubilee Church Solihull Year ended 31 March 2025 CONTENTS Page Legal & Administrative Information Trustees Report Independent Examiners Report 9-10 Statement of Financial Activities 11-12 Balance Sheet 13 Notes to the Financial Statements 14-18
Jubilee Church Solihull Year ended 31 March 2025 REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY. ITS TRUSTEES AND ADVISERS Charity Registration Number 1157124 Company Registration Number 08991495 Start of Financial Period I" April 2024 End of Financial Period 31" March 2025 Trustees / Dirertors at 30 September 2025 Robert Davey Stephen Mennear Richard Floy Paul Plagerson Paul Robertson Steve Hooper Emily Baptiste (Appointed 22 September 20241 nd Registered Offi 677a Warwick Road Solihull B913DA Primary Bankers The Cooperative Bank plc PO Box 250. Delf House. Southway, Skelmersdale, WN8 6WT Independent Examiners Burgis & Bullock 23-25 Waterloo Place, Warwick Street, Leamington Spa. CV32 SLA
Jubilee Church Solihull Year ended 31 March 2025 TRUSTEES REPORT OBJECTIVES AND ACTIVITIES Summary of the Purposes of the charity as setout in the governing document The charitable objectives of Jubilee Church Solihull are.. TO ADVANCE THE CHRISTIAN FAITH IN ACCORDANCE WITH THE STATEMENT OF BELIEFS IN THE SCHEDULE HER0 AThACHED IN SUCH PARTS OF 50LIHULL, THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES MAY FROM TIME TO TIME THINK FIT AND TO FULFIL SUCH OTHER PURPOSES WHICH ARE EXCLUSIVELY CHARITABLE ACCORDING TO THE LAW OF ENGLAND AND WALES AND ARE CONNECTED WITH THE CHARITABLE WORK OF THE CHARITY TO RELIEVE PERSONS WHO ARE IN CONDITIONS OF NEED, FINANCIAL HARDSHIP OR SICKNESS AND WHO MAY BE AGED AND TO RELIEVE THE DISTRESS CAUSED THEREBY IN THE SAID LOCATION AND IN SUCH OTHER PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES MAY FROM TIME TO TIME THINK FIT TO ADVANCE CHRISTIAN AND OTHER EDUCATION INCLUDING BUT NOT BY WAY OF LIMITATION THROUGH THE PROVISION OF TRAINING COURSES IN THE SAID LOCATION AND IN SUCH OTHER PARTS OFTHE UNITED KINGDOM OR THE WORLDASTHE TRUSTEES MAY FROM TIMETOTIME THINK FIT TO PROVIDE OR ASSIST IN THE PROVISION OF FACILITIES IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATION OR OTHER LEISURE TIME OCCUPATION OF INDIVIDUALS WHO HAVE NEED OF SUCH FACILITIES BY REASON OF THEIR YOUTH, AGE, INFIRMITY OR DISABILITY. FINANCIAL HARDSHIP OR SOCIAL CIRCUMSTANCES WITH THE OBJECtOF IMPROVING THEIR CONDITIONS OF LIFE. iv) Jubilee Church Solihull derives its name and purpose from a chapter in the Bible,. Isaiah 61, with the year of the Lord's favour being his Jubilee. 'The Spirit of the Lord God is upon me. because the Lord has anointed me to bring good news to the poor,- he hos sent me to bind up the broken heorted. to procloim liberty to the coptives. and the opening of the prison to those who ore bound,. to proclaim the year of the Lord'sfavour, and the doy of vengeance of our God,. to comfort all who mourn,. to grant to those who mourn in Zion-to give them o beautiful headdress instead of oshes, the oil of glodness insteod of mourning, the garment of praise....... Aims To enjoy and proclaim the year of the Lord's favour. To make disciples- we want to become more like Jesus and teach and show others to do likewise. To plant Churches - in both the local area and overseas To reach other nations- we are part a worldwide family of Churches. We are committed to 5UPPOrting other Churches which are part of this network. Summary of the main activities undertaken in relation to these purposes Jubilee Church Solihull holds weekly meetings on a Sunday. There are dedicated children's and youth groups for O to 18 years. The majority of people within Jubilee are part of a small group. These small groups are designed to provide a context for community in the Church where people can get to know each other better. We consider this to be more and more important as the Church grows.
Jubilee Church Solihull Year ended 31 March 2025 Public benefit We have referred to the Charity Commi55ion'5 general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. Jubilee Community Projects Trust The Children's Storehouse The mission statement for the Storehouse is To demonstrate God's heart of compassion, by providing good quality second-hand clothing for babies and children up to the age of eighteen, to families in need in the Solihull area and its neighbouring communities., During 2024-25, The Storehouse has continued to be a well-used resource. Confidentiality is an integral key to the successful operation of the Storehouse and families are treated with honour and respect. The Storehouse Manager, Storehouse Administrator and a team of volunteers ensure its smooth operation. The volunteers are a highly committed team who work tirelessly both with families and behind the scenes to ensure items offered are of good quality- The Storehouse continues to build Positive links with the agencie5 who refer the families. We have continued to build our work in the Children's Storehouse. growing our network of referrers beyond Solihull into neighbouring Warwickshire, Coventry and Birmingham. Organisational Structure The Trustees meet regularly and have responsibility for the general. legal and fiscal oversight of the charity. The dayto day work of the Trust is delegated to the church leaders both paid and voluntary. This work is led by Rob Davey (Elderl who oversees day to day operations of the church, and the mid- week Church groups which meet in the community. The Church is part of the Catalyst Network of Churches. The Church leaders meet regularly with other leaders from the network both in the UK and oversea5. The Catalyst Network of Churche5 15 part of the Newfrontiers International family of Churches. ACHIEVEMENTS AND PERFORMANCE Summary of main achievements during the year Our Life Groups and children's groups have continued to grow throughout the year and our work in local school assemblies has grown developing stronger links across the Solihull borough. Our membership has also grown this year. We have appointed a Children's and Communities Pastor who has established a weekly Toddlers Together group that meets in a local Care Home. This is successfully building community and benefits local families of young children and the residents in the Care Home who look forward to the session each week. The Children's Storehouse is increasingly valuable to our community. Yet again this year we were able to serve a record number of families and we have also attracted funding from businesses, charities and individuals in the region with a view to making the Storehouse self-sustaining in the future.
Jubilee Church Solihull Year ended 31 March 2025 Our youth programme included attendance of Oasis Camp in August with other church youth groups joining in and outside speakers bringing teaching and encouragement. We also ran a Youth 24 hour retreat in February 2025 for some of the olderYoLrth. Our visitor numbers continued to increase on Sunday mornings and we regularly gather in small groups midweek too. In May 2024, some of our staff team accompanied a small team to Armenia and Geor8ia to help train, inspire and lead a conference for church leaders. As a follow on from this. we ran an online prophetic school for some of these church leaders, to help them develop prophetic gifting in their churches. In June 2024 we led and ccFordinated a Connett Conference Day forjubilee and two other churches that we work with. This was focused on looking outwards and growing and planting more churches in the Midlands. Around 150 people attended. In October 2024 Jubilee held ivs bi-annual Weekend Away at the Pioneer Centre which was a great time for the church family to socialise. build relationships and have times of spiritual refreshment together. In December 2024 we joined with Renewal Solihull in hosting a Carols in the Park event. This was great fun and very successful with around 300 people attending. The rain held off and we enjoyed celebrating Christmas with carol Singing and a short message in the park. In January we held a Safeguarding Training evening for all those in Jubilee who serve in areas that require Safeguarding Awareness training. This was well attended and well received and will be repeated within the next two years. We have continued to be involved with the Bedford Hub attending conferences, regular leaders, gatherings and online meetings. Connecting with and supporting other church leaders continues to be important. FINANCIAL REVIEW Review of the charitys financial position at the end of the financial year Financial Review Total income for the year to 31" March 2025 was £259,876. This is an increase of £16,05516.60 increase compared to the year ending 31, March 20241 and is largely due to additional income associated with the Church weekend away that takes place every two years. The expenditure for the year increased by £27,063 as a result of costs associated with the Church weekend away in addition to the recruitment of a new Children's and Communities Pastor. This has resulted in a deficit for the year to 31" March 2025 of £7,20012024.' surplus of £3.8081. Reserves Policy Jubilee Church aims to hold the equivalent of three months expenditure as general reserves as a minimum. Unrestricted reserves are £204,471 {2024: £214,799)- this represents 8.6 months of current budgeted expenditure.
Jubilee Church Solihull Year ended 31 March 2025 Restricted reserves are £3,240 {2024.' £1121 STRUCTURE, GOVERNANCE AND MANAGEMENT Constitution The organisation is a company limited by guarantee, incorporated on 10th April 2014. The organisation was established under a constitution which outlines the objects and powers of the organisation and is registered as a charity (charity number 11571241. Trustee Appointment, Indurtion and Training. The Trustees, who are also the directors for the purposes of company law, and who served during the year and up to the date of signature of the financial statements were: Robert Davey Steve Mennear Richard Floy Paul Plagerson Paul Robertson Steve Hooper Emily Baptiste Trustees are required to agree with the Church's statement of faith. Trustee induction includes a briefing with the Chair of Trustees and one of the Elders on the role of Trustees. It also includes the provision and review of the charity commission material on the role of the trustee. The need for further Trustee training 15 kept under review by the Chair of Trustees. Risk Management The Trustees have established a system of risk management that considers both the strategic and operational risks to the charity. Action plans have been put in place to manage key risks and there are documented risk assessments for all key areas of Church activities including working with children and health and safety issues. Future Plans We are continuing to work hard on building teams across the church to help expand our work. We are looking to train leaders and develop people throughout the church. We are excited to be planning a course for new believers and those who are interested in exploring the Christian faith, to be launched soon, along with a discipleship training programme. We remain committed to our community ministries and have seen considerable growth in our work for the Children's Storehouse. We are intentionally building connections with other agencies and networking with local authorities and businesses across our region. We are building relationships with local schools serving our community with assemblies, mentoring programmes and support where invited. We are planning on running a Parenting course for parents in a local primary school in the summer term. We are also partnering with a number of other churches in our locality to meet the needs of our youth.
Jubilee Church Solihull Year ended 31 March 2025 We are developing our impart on the local community and the Toddlers Together sessions in a Care Home have been really successful. The Care Home has also invited our Children's and Communities Pastor to lead regular service5 for the residents, and this has been really well received in the Home with many attending. One of our key priorities continues to be finding a more permanent building for our services and office needs which has become more pressing and is an ongoing need for us over the last couple of years.
Jubilee Church Solihull Year ended 31 March 2025 Trustees Report Convd Forthe Period Ended 31 March 2025 Directors Responsibilitie5 The Charities Att and Company Act requires the Board of Trustees to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the Charitable Company 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: Select Suitable accounting policies and then apply them consistently. Make judgements and estimates that are reasonable and prudent- and Prepare the financial statements on the going concern basis unless It is not appropriate to assume that the Charitable Company will continue on that basis. The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and which sufficiently show and explain the Charitable Company'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 Charitable Company and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. The Trustees are also responsible for the contents of the trustee's report and the responsibilities of the independent examiner in relation to the Trustee's 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 statements. These accounts are prepared in accordance with the provisions applicable to the companies subject to the small companies, regime. We approve the attached statement of financial attivities and balance sheet for the period ended 31" March 2025 and I confirm I have made available all information necessary for its preparation. Signed on behalf of the Board 26 Oct 2025 Signed....................................................... Date.................................................... Richard Floy
Jubilee Church Solihull Year ended 31 March 2025 Independent Examiners Report to the trustees of Jubilee Church Solihull I report to the charity trustees on my examination of the accounts of the Charitable Company for the year ended 31 March 2025which are set out on pages Ilto 18 Responsibilities and Basis of Report As the charity trustees of the Charitable Company land also its director5 for the purposes of company lawl you are responsi ble for the preparation of the accounts in accordance with the requirements of the Companies Act 2(KJ61"The 2{ Act ). Having satisf led myself that the accou nts of the Charitable Company are not requi red to be audited under Part 16of the 2(KEAct and are eligible for independent examination, I report in respect of my examination of your Charitable Company's accounts as carried out under section 145 of the Charities Act 20111"the 2011Act"). In carrying out my examination I have followed the Directions given bythe Charity Commission undersection 14515llbl of the 2011 Att. Basis of Independent Examiners Statement examination was carried out in accordance with general Dirertions given by the Charity Commission. An examination includes a review of the accounting records kept bythe Charitable Company and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be requi red in an audit, and consequently no opinion is given as to whetherthe accounts present a'true and fairf view and the report is limited to those matters set out in the statement below.
Jubilee Church Solihull Year ended 31 March 2025 Independent examiner's statement Since the Trusys gross income exceeded £250,(KK] yourexaminer must be a memberof a body listed in section 145 of the 2011 Act. I conf irm that l am qualified to undertake the examination because l am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connertion 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 2W6Act; or the accounts do not accord with those records; or the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requi rement that the accounts give a 'true and fair view, which is not a matter considered as part of an independent examination; or the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice foraccounting and reporting by charities 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 orderto enable a proper understanding of the accounts to be reached. 26th October 2025 Signed Date: Independent examiner.. Wende Hubbard FCCA Bu rgis & Bullock Chartered Accountants 23-25 Waterloo Place Leamington Spa CV32 SLA io
Jubilee Church Solihull Year ended 31 March 2025 Current Financial Year Statement of financial artivities for period . 1st April 2024- 31st March 2025 2024125 2024125 Unrestricted Restricted 2024125 Total 2023124 Totsl Incoming resources Donations and legacies Income from charitable activities Other income Interest (Note 21 (Note 31 224,452 596 6,073 24,232 230,525 24.828 225.068 10,021 5,200 3.533 4.523 4,523 Total income 229,571 30,305 259,876 243,822 Expenditure Expenditure on raising funds Expenditure on charitable activities 94 94 1,049 238,965 (Note 41 239,805 27,177 266.982 Total expenditure 239.899 27,177 267.076 240,014 Net income I enditure 10,328 3,128 7,200 3,808 Funds brought fonNard at 01.04.24 214,799 112 214,911 211.103 Transfers between funds Fund5 carried fonvard as at 31.03.25 204,471 3,240 207,711 214,911 li
Jubilee Church Solihull Year ended 31 March 2025 Prior Financial Year Statement of financial artivities for period . 1st April 2023- 31st March 2024 2023124 2023124 Unrestricted Restricted 2023124 Total 2022123 Total Incoming rex>urces Donations and legacies Income from charitable activities Govemment Grant Income Other income Interest (Note 21 (Note 31 223,568 10,021 1,500 225.068 10,021 214,918 19,742 2,679 3,533 2,521 5.200 3,533 35 887 Total income 239,801 4,021 243,822 235,582 Expenditure Expenditure on raising fund5 Expenditure on charitable activities 1.049 234.672 1,049 238.965 1.023 220,287 (Note 41 4.293 Total expenditure 235.721 4.293 240,014 221,310 Net income I enditure 272 3,808 14,272 Funds brought fonward at 01.1)4.23 210,719 211.103 196,831 Transfers between funds Funds carried fonvard as at 31.03.24 214,799 112 214,911 211,103 12
Jubilee Church Solihull Year ended 31 March 2025 Balance sheet - as at 31.03.25 31.03.25 31.03.24 Fixed assets (Note 9} 1.531 3,555 Current assets Debtors Bank & cash Total current assets (Note 10} 7.650 208,061 9,302 209,416 218,718 215.711 Current liabilities Creditors Total current liabilities (Note 11) 9,531 7,362 17,3621 (9,531) Net cuent assets 206,180 211,356 Net assets 207,711 214,911 Reserves Restricted reserves Unrestricted reserves 3.240 204,471 112 214,799 Closin reserves 207 711 214 911 The Charitable Company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006. for the year ended 31 March 2025. The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476. The Trustees acknowledge their responsibilities for ensuring that the Charitable Company keeps accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fairview of the state of affairs of the company as at the end of the financial year and of its incoming resources and appl ication of resources, includi ng its i ncome and expenditure. for the fi nancia l year in accordance with the requirements of sections 394 and 395 and which othetwise comply with the requirements of the Companies Act 2(K)6 relating to financial statements, so far as appl ica ble to the Charitable Company. This report was approved by the trustees and signed on their behalf R. Floy Trustee 26th October 2025 13
Jubilee Church Solihull Year ended 31 March 2025 Notes to the account5 l. Accounting Policies 1.1 General Information Jubilee Church Solihull Limited is a registered charity and a private company limited by gu3rantee incorporated in E[land and Wales. The registed office is 677a WarvAck Road, Solihull, West Midlands, B913DA, United Kingdom. 1.2 Basis of preparation al These accounts have LEen prepared an accwuals basis ar¥J incluje Incon that has LEen received or 15 receivable at the end of the year bl The financial 5tstements have been prepared in accordance with the Companies Act 26 and "Accounting and Reporhng by Charities.. Statement of Recommended Practice applicable to charities weparing their accounts in accordance wth the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" (effective l January 20191 The Charitable Company is a Public Benefit Entity as defined by FRS 102. Individual iterns ale recognised at cost oytsansaction value unle55 (rthewwse Stated in the relevant notel51 to these accounts. The financial statements are presented in sterling vthich 15 the functional currerKV of the chaiity. Monetary amounts in these financial 5tatenEnts are rounded to the nearest £. 1.3 Going Concern At the time of approwng the financial staterrEnt5. the Trustees have a reasonable expectstion that the Charitable Company has adeqLJate resource5 to continue in operational existence forthe foreseeable future. Thus the Tnjstees continue to adopt the going concem basi5 of accourrting in preparing the finala1 statents. 1.4 Donations and Legacies Income includes giving from church EMberS and the applicable gift aid. 1.5 Income from Charitable Artivities Income from Charitable activitie5 includes one-(rff inco arising from intemal and extemal event5 including hosting of conferences and the church weekend awdy. 1.6 Other Income Project Income comprises of funding received for the Children's Storehouse. 1.7 Expenditure on Charitable Activriies Expenditure on Charitable actiwties includes all expenditure for activity undertaken bythe Charitable Company. The only exception is any Marketing expenditure which 15 included within the Expenditure on rdising funds category. Li3bilities are recognised as resources expended as soon as there is a legal or constructive obligation committing the Charitable Company to the expenditure. All expenditure is accounted for on an accruals basis. classified under headings apwopriate to the expenditure. 1.8 Funds Unrestricted funds are donat1s and other inconE received for the objects of the Charitable Company wthout specificied purposes. Restricted funds are Subject to srkcific conditions by donors as to how they may be used. 14
Jubilee Church Solihull Year ended 31 March 2025 1.9 Financial Instruments Jubilee Church Solihull Ltd ha5 elected to apply the prows1or of Seciion Ilof FRS 102 'Basic Financial instruments, to all of it5 financial instrument5. Firhancial instruments are rec(ydnised in JuL¥lee Church Solihull Ltd'5 balance sheet when Jubilee Church Solihull Ltd becomes party to the cLtractUal provisions of the instrurllent. 1.10 Basic financial assets Basic financial assets include debtors. PrePaYnts. cash and bank balances. Cash at bank is presented by cash dep051t5 th financial institutions. oebt0, PrepaYrTnts. cash and bank balance5 are rrEa5ured at transaction price including tnsactiOn costs. 1.11 Basic financial liabilitie5 Basic financial liabilitie5. are creditors arnd accrua15 which are nEa5ured at transaction price Icash or experted settlement amount). 1.12 Fixed assets Iterns of capital expenditLJre below £5 are not cawtslised. Assets are originally Wdlued at cost. Depreciation is provided atthe fdlowing annual rate5 in order to write off each a55et over its estimated useful life. IT, auditrvisual and ofFice equipm&nt 33% on cost Fixtures and fitting5 25% on cost 1.13 Taxation The Charitable Compary is exempt from taxation on its charitable activities. 1.14 Pension Scheme The Charitable Company operates a third party defirEd contribuknon scherYE. The perlon chae 15 shown in note 7 to the accounts. 15
Jubilee Church Solihull Year ended 31 March 2025 Notes to the accounts 2024125 2024125 Unrestricted Restricted 2024125 Total 2023124 Total Z. Donatlons and Le8ades Donated income- Regular giving iftaid Project incorne- Grants Project incorne- Donations 170.835 43.677 I7035 43,677 171,438 41,380 9.940 6,073 16A113 12,250 Totsl Donations and acies 224 452 Z30 25 225 068 3. Income from Charltable Att5 Events Church W&kend Awav Hub Income Gifts from E¥tern31 S eakin Total Income from Charitable Activilies 6.430 13.152 4.650 6.430 13,152 4,650 596 6.070 1.240 2.521 190 596 596 4. Expenditure on tharitable atti¥ities Salary & employment Costs Venue hire Church activities Church weekend Conference5 Giving- Catalyst Giving- Other Depreciation Other costs / project costs Professional fees Support costs 165.876 18.425 12.087 200 165A76 18,425 20,179 13352 150.461 21.370 17.244 2.700 2.511 13.738 4.223 2.193 9.861 13 14.651 8.092 13.152 9.958 649 2.024 2.078 9,958 649 224 8I111 5.933 28.508 28508 Total ex enditure on charitsble activitie5 239 805 266 982 238 965 5. Support costs Support Costs i nclude related office running costs such a5 banking charge5. 5tatioTrery. A15UPPOrt Costs are to faci l itate the operations of the Charitable Company and $0 are allocated to the charitsble activities. Within support costs is the paywnentfor the Independent Exarnination of £42012023= £3601. 6. Related partytran5action5 The Trust employs A. Davey (who is mariied to R.Daveyl on a parttime basis. R. Davey is not involved in setting the rernuneration or benefits of any ernployees. and is not present at any trust M6 agenda itern5 where this is discu55ed. 16
Jubilee Church Solihull Year ended 31 March 2025 7. Employees 2024125 151.710 9.610 4.556 165 76 ZO23124 138,332 8,110 Wages and Salaries Social Security Costs Pension Costs Total 150 61 The average number of persons employed during theyear was 612023124- 51 Thwe we no employees whose annual remuneration was £60,000 or more Truslee'5 remuneration during the year wa5 £54.89112023124 £53.2931 being the totsl rernuneration package for one Trustee IR Daveyl employed by Jubilee Church Solihull for services provided under employment contracts in accordance with the Trust's pay policy during the year. Expenses for Iravel and sub5iStence weTe reimbur5eil to one trustee during the year totalling El,99412023124 £3,096). Trustse donations i n the year totslled £33,58412023124 £26,840) Key tnanagement personnel are considered to bethe Board of Tru5tee5. 8. Funds Restricted i ncorne of £30.3k in the year rdates to grants given for use within the Children's Storehouse project I£G.Ikl. Solihull Hub1£4.7kl, Church Weekend Away IE13.2kl and gifts towards a week away for the Youth1£6.4kl. Spwd for the Church Weekend away and Youth Week Away have been utilised on the purposes for which it was given within the Year. There is 8 smal I remaining balance on the Solihull Hub and Children'5 Storehouse income A5 at 31st March 2025 there 15 a £3.2k restricted balance. The incorrt funds of the Charitsble Company include restricted funds comprising the followng unexpended balances of donations and grants hdd trustfor specific purposes= l**J¥ement in funds Balan at I April 2023 Incoming resouros Resour5 expended Balan at 31 Marth 2024 Transfers Chi Idren's storehouse Leader'5 Retreat Solihull Hub Total 384 1,000 500 18841 I 1,000 I 500 15001 112 112 4.021 4293 Movement in funds alan at I April 2024 Incoming resouros ReSoUS expended Balan at 31 Marth 2025 Transfers Chi Idren's Storehouse Church Weekend Away Youth Week Away Leader's Retreat Solihull Hub Total 500 6,073 13.152 6.430 15,9331 113.1521 16.4301 15001 140 15001 112 112 500 4.650 30 05 1.662 3,100 17
Jubilee Church Solihull Year ended 31 March 2025 9. Fixed A55ets Flxtures and equipment FittinR5 Total Cost Opening Cost- 01.04.24 Additions Dis 05a15 Closing Cost-31.03.25 6.712 9.347 16,059 6.712 9.347 16,059 Oepreaation Opening Depreciation- 01.04.24 Disposals reciation char Closing deprlatIOn 31.03.25 5.073 7.431 12,504 930 6.(M)3 8,525 14,528 NBV enin NBV- 01.04.24 1.639 1,916 3,555 Closin NBV-31.0325 709 822 1.531 10. Debtors 2024125 3.399 799 3.452 7.650 2023124 3,205 Prepayments Accrued Income Gift Aid Debtor Total 6,097 9302 11. Creditors 2024125 4.522 40 4,969 9.531 2023124 4.154 Taxation, social security and pension payable Other Creditors Accruals 3,208 736Z Total 12. Operatlng Lease Commltments Atthe reporknng end datethe Charitsble CompaTty had outstandivg cornmitrnents for future miTrimurn lease payments under non-cancellable operating lease5, which fall due as follows= 2024125 2023124 Within ono year Between 2-5 year5 Total 6.258 6258 The totsl operating lease expense for the year Wd5 £6.25812023124.. £10.0621 13. Public Benefit The Charitsble Cornpany acknowledges its requirernent to demonstrate clearly that it must have charitable purposes or ai m5 that are for the publ ic benefit. Details on how the Charitable Company has achi this are provided in the trust report. The trusts confirm that they have paid due regard to the Charity Commission guidance on public benefit before decidin8 which activities the Charitsble Company should undertake. 14. Controlling P¥ty The Charitable Cornpany is controlled by the boaid of tru5tee5 18