Company Registration Number: 08578163 Charity Registration Number: 1159799 JUBILEE+ REPORT OF THE TRUSTEES/DIRECTORS AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
JUBILEE+ la Company Limited by Guarantee) REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Pates Report of the TrusteeslDirectors Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 9-13
Paze I JUBILEE+ la Company LimFted by Guarantee) REPORT OF THE TRUSTEESIDIREORS FOR THE YEAR ENDED 31 MARCH 2025 The trustees present their report and unaudtted finantial statements of the charitable company frjrthe year to 31 Marth 2025 The financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the charity's governing documents, the Charities Act 2011 and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparTrng their account5 in accordance with Financial Reporting Standards applicable in the UK and Republic of Ireland published in October 2019. TRUSTEES OF THE CHARITY The directors of the charitable company are its trustees for the purposes of charity law. Details of the trustees who have served during the year and since the year end can be found on page S. 08JEcfivES AND AcfiviTIES The principal objects of the charity are being undertaken in accordance with Christian principle5 and practices and in such a way that demonstrates Christian faith, care and concern, and upholds the values of equality and justice. They are speofically restricted to the following.. The promotion of social inclusion for the public benefit by preventing people from becoming sots3lly exduded. relieving the nèeds of those people who are socially excluded and assisting them to integrate into society. in particular but not exclusively by.. undertaking and supporting researth irrto factors that contribute to Social exdusion and the most appropriate way5 to mitigate the5e,' providing education. training, grants and services to individuals. charities or other organisations working to promote social inclusion.. hosting conferences and seminars to raise awareness of factors that contribute to social exclusion and the most appropriate ways to mitigate these.. seeking to influence the public. decision-makers. politicians or publK servants in support of promoting social indusion. and responding to consultations carried OLrt by political parties in relation to promoting social inclusion insofar as it is legitimate for a charity to do so. For the purpose of this clause'socially excluded, means being excluded from society. or parts of society. as 3 result of one or more of the following factors= unemployment.. financial hardship- youth or old age- ill health (physical or mentall.. substance abuse or dependency including alcohol and drugs.. discriminatn on the grounds of sex. race. disability. ethnic origin. religion, belief. creed, sexual orientation or gender re-assignment: poor educational or skills attainment.. relationship and family breakdown.. poor housing Ithat is housing that does not meet baC habttable 5tandardsl; crime (either as a victim of crime or as an offender rehabilitating into society). The prevention or relief of poverty or fin3ncial hardship in particular. bLrt not exdusively. by= undertaking and supporting research into fartor5 that contribute to the prevention or relief of poverty orfinancial hardship ar7d the most appropriate way5 to promote the5e.' providing education, training, grants and Services to indivKlua15, charities or other organisations working for the prevention or relief of poverty orfinancial hard5hip- hosting conferences and seminars to raise awareness of the factor5 that contribute to the prevention or relief of poverty or financial hardship and the m05t appropriate ways to promote the5e- seeking to influence the public. decIon-Makers. politicians or public servants in support of the prevention or relief of poverty or financial hardship. and responding to consultations carried out by political partie5 in relation to the prevention or relief of poverty insofar as it is legitimate for a charity to do so. STATEMENT OF ETHOS We believè in God in thrèe pèr50ns= the Father, who has made men and women in His image. gNrng them identity and dignity.. the Son. Jesus Christ. who came to show God's love equally to every person.. and the Holy Spirit who enables men and women to reach their full God-given potential. We believe in the Bible as the inspired word of God. and our guide on all matters of doctrine and practice. We are committed to see our community thout discrimination ol religion. race. nationality, culture. age or on any other basis. We do not require any of our clients to affirm or assent to any of the above Ethos Ststement. The trustees regularly review the objectives and activities of the charity and. as part of this review. have considered the Charity Commission's general guidance on public benefit.
Paze 2 JUBILEE+ la Company LimFted by Guarantee) REPORT OF THE TRUSTEESIDIREORS FOR THE YEAR ENDED 31 MARCH 2025 ACHIEVEMENTS AND PERFORMANCE The charity tarries out 3 range of activities in pursuance of its charitable aims. The trustees consider that these activities, as summarised below. provide benelit to any who are suffering because of poverty. financial hardship or social exclusion. During the year under revtew, the main areas of progress and achievement included.. Another successful national conference- held a5 a hybrid conference, in person in Liverpool, 8rhd online, with around 300 attending in-person but 31so our highest ever number of %vatch partie5'. Wtth 11 churches from acr055 the country gathering in their locations to join the conference online. Adding various free content for thurches to the Jubilee+ websÈte e.g. videos. blogs about examples of best prartice in tackling poverty of various forms. podcasts and more. The fifth lubilee+ book, Tis Mercy All. was published by SPCK in June 2024. with the audiobook released in January 2025. It includes content on how to use our money. skills. time. power and possessions for the good of those trapped in poverty. Ongoing provision of consultancy and training services to partners and churches. including our Social Action Workshop to help churches grow their poverty and justice projects. The continuation of the J+ Advisory Group. Jubilee+ Voices. made up of people with current or recent (within 5 years) lived experience of poverty. and the release of 19 Insights from People in Poverty. a short booklet detailing what we learnt. to help churches improve how they are supporting people in hardship. The first pilot of Formed. a leadership training programme for people in poverty. took place in March 2025 w¢th nine participants who were willing to be the first to go through our content. and then to help us refine it. Criteria for participants includes recent or current experience of poverty. The training was highly effertive in buildin8 confidence, and we have Since heard reports from most participants of ways in which they have stepped out in leadership andlor helpin8 Other people in poverty that they would not have even contemplated prior to Formed. Overflow, a children's curriculum for Sunday schools for 5-Ilwear-olds. continue5 to be used by churches acros5 the country. Ilt Was launched in November 2022.1 The launch of Look Again, which features the Same 10 5e55ion5 as Overfiow, but for 11-18-year-old5. At the National Youth Ministry Weekend in 8irmingham in November 2024. 1.(X)O copies were given to delegates lyouth leaders) free of tharge. and 3(M) were given out at the YTH CLTR event in London in February 2025. Launching our new Weightier Matters online course to help Christians and churches have a strongertheology of poverty and justice, and to put this into practice. We have up to 150 registered to artend. including two churches who are gathering in person in thelr buildings as a group tojoin each session together. This started in January 2025 and runs roughly ofi 3 month through 2025. 10 Ongoing development of national and regional media profile. including filming with GODTV and various secular radio and TV on various poverty issues. 11 Increase in membership of the Jubilee+ Partner Church Scheme. 12 Extensive range of public speaking opportunities in church-based contexts and Christian conferences. and expanding our range of speakers who can take up these opportunities. 13 Ongoing impact of jubilee+ published books. 14 High-qlsality Social media output. 15 Ongoing increase in Jubilee+ brand recognition. 16 Continued development of the senior leadership team. 17 Continued to develop key partnerships wtth a variety of organt53tlOn5, particularly Christian charitie5 tackling poverty in the UK. 18 Continued produrtion and broadcasting of pi>dca5t5. 19 Established the Chri5 Marriott Grant, in mefflory of one of our colleague5 who trawcally died when stopping to help a stranger in the street in Sheffield between Chri5tma5 and New Year 2023, 3nd issuing the first few small grant5 to support partner church projects that alleviate KK)verty. The trustees are very happy th the overall outcome of the 3bo¥e Fn meeting the charity's rtated objertives and envisage sustained growth and development ol the Ofganlsation within the foreseeable future.
Paze 3 JUBILEE+ la Company LimFted by Guarantee) REPORT OF THE TRUSTEESIDIREORS FOR THE YEAR ENDED 31 MARCH 2025 FINANOAL REVIEW The trustees are satisfied with the linancial position at 31 March 2025 and are optimistic that the strategies in place will lead to the charitv INVESTMENT POUCY The trustees have power to invest any money not immediately required for the furtherance of the charity's objects in or upon such RESERVES POLICY It is the intention of the trustees to maintain reserves at a minimum of three months committed c05t5. which are primarily salaries and core consultancy fees. This level of minimum reserves was comfortably achieved at both 31 March 2024 and 31 March 2025. PLANS FOR FWURE PER1005 These Ènclude.. Continued review and development of the senior leadership team and operational management. Running a second pilot of Formed so that we can gather more feedback from a Second cohort, then refine tt for wider use. Filming each Forrrhed 5es5ion and producing a facilitatorfs guide and workbook so that the resource can be used widely in local church contexts to help raise people in poverty lor recently out of Ètl into leadership roles. Development of a reSed Sotial Action MOT to help thurches reflect on and review how effertive their support for people in povÈrtv Expansion of the Partner Church Scheme. including into new chufch networks. through speaking at events and conferences. Supporting our Partner Churches and leading several of them through our Social Action MOT at Jubilee+ Partner Church Days in Derby in the autumn. Recording the Weightier Matters content so that churches can use it after the 2025 course has finished. Development of further online training courses and material to resour churches. Working on the 6th Jubilee+ book. The Justice & Mercy Book. to be published by SPCK in 2027. 10 Develop influence on various poverty and justice policies through links wtth polttiaans. 11 Continued development of media profile. 12 Maintain strong links with Newfrontiers UK-based "Spheres". 13 Maintain consultancy and trabning Services to partners and churche5. 14 Increase Speaking opportunities in more major church national conference5 and other settings. 15 Publication of fvrther high-quality resources to equip churches to engage with poverty and justice 155ues with people of all ages in 16 Repeat the Chri5 Marriott Grant.
Paze 4 JUBILEE+ la Company LimFted by Guarantee) REPORT OF THE TRUSTEESIDIREORS FOR THE YEAR ENDED 31 MARCH 2025 STRUCTURE, GOVERNANCE AND MANAGEMEP4r Governin Document The organisation is a charitable company. limited by guarantee. incorporated in England and Wales. It is governed by Memorandum and Articles of Association dated 20 June 2013 las amended by special resolution dated 13 November 20141 and was registered with the Charity Commission with effect from 6 January 2015. In the event of the company being wound up. members are required to contribute an amount not exceeding £10. ointfnent of Trustees New trustees are appointed on the recommendation of existtng trusteeslmember5. There is a required minimvm of three tru5tee5 but no maximum number. Trust Induction and Trainin Trustees are already familiar wth the work of the charity as they are either founding trustees who have been involved from the beginning or have been appointed by the existing trustees to enhance the skilllkno%edge base of the charity. The trustees have induction procedures to ensure that new trustees understand their roles and obligations. As part of these procedure5, trustees are also encouraged to attend appropriate internallexternal training events to facilitate the undertaking of their roles. Or anisation The management and administration of the charity is under the control of the trustees who meet three times per year. Day to day operational matters are delegated to the Chief Executive, N A William5, who resigned as a Trustee on 2 May 2025 to further strengthen the independence of the Board of Trustees. Risk Mana The trustees have examined the major strategic. business and operational risks which the chartty faces and have systems in place to monitof those risks and to take artion where necess8ry to mitigate them. ement
JUDILEE+ (a C•hy Llmlted by Gu•r•ntee) REPORT OF THE TRUsTEESIDIREORs F( THE YEAR ENDED 31 MARCH 202S REFEREN AND AthMINSTRATnfE IPmlMAlloN JUblLEE+ 08578163 IEr4land aDd W• 20 June 2013 The Hasts"w Centre The PJ4e Hastid$ TN34 2& Trustees and th'rectOTS: GNAnfts AIBUS SJ J IA L ChadesTAyth (Miened 205epiember 20241 KJ (Xb)rn S J V4rd 1•ppoInt 2 20251 Kmwdch A J McWilli•m A WilliS Ised 2 M4y 20251 Comwly Se(¥el•ry. GNAnns Thos rewt has been wepwod In actwdw the 4bEaal pro¥isions of P¥1 Is of tht C(wnp•n• Ad relallng to srnall £ornpanieL AJ mk),11 A J Mcl•thlliwn Trustee
IIIO£Pf PIOÉIIT EXAMllItA'S IIEPOIII TO Thc TAL15TEtS OF IirnILEI• I v•m to th• (hth truii•w on rny •¥•fflkn•ikM d ih• ol Ihe crynwny lty ih• •1 io JI Mai£th 7ff15 w• Oh ••¢• lJ Pa Ihe ch•flly Illl%ttM d ihe trMnp•ny land Iti thit(fori lor Iht ul uNnpany lawl Jie rewdll4e lor th• trc•mi 4fv rrfyrtnr• itr• nl lh• fr&• Arl I'ihp Art'l Ha¥th¥ nv¢5•ff th•t •ccowitJ ot the company •f• noi itquli•O To be 4udied und•1 P•rt 16 dth• Art •nd •re eliwble t IDdtpend•nt eX•mlnrtI. I repjrt In rwert of my rxafftn•iiofi gl mPan4 x¢rxJhls uivstd under 145 ¢A lh• Cth•rfl•• Art 2011 Ilh• 3011 Prtl. IA Ufrylni txrt my exam111 h¥Y Ied ihe Dlitciths ii¥en by the S¢Ctkni 14SISMbl al th•2011A ts•14 that In •w maws•1 resptci.. •U(Xbnlln¢ r•c4rth wMr• ntx ktrpt • i•sptd ol th• cmpanv M f•¢bnr•d by s•rtlon J16 011 I( 41.. or lh• •¢¢ounts do •ccrffO 4th ¢hoM r•ctyds. the •co)uftt5 do twt r•qiiirorn•nts ol wrllon 396 01 lh• Ad than •rryiwuffi•ht th41 th• •((rtI •'¢vue ind l•lr WI. whth Is n¢x • os p•n tsl w Irthptndeni ty x¢thintln¢ •nd by (rIt$ to charlllo plep•ii th•lr •(Lounts In wjth th¢ fIntIl1 Reponlni St•thd Ipplic•bl• In ih• Vl( •nd Ir•bv4 IFIS IQ21. I hm no and ve crxne Kross her m•tttry t¢trI10 thi eumlnltb to t4h •ttentlrn S10 be In thls rtF In ordw to erbable • woptr ol the 0nIS to b• ieitb*d. 11 Dated 3rd Ortthr 2025
Page 7 JUBILEE+ la Company ilmIt by Guaranttt) STATEMENT OF FINANCIAL AcllviTIES FOR YHE YEAR ENDED 31 MARCH 2025 Unrestrided Funds Yearto 31 Yeaf to 31 Marth March 2025 2024 Restiided Ftsnds Year to 31 Year to 31 Marth March 2024 Total Funds Year to JI Year to 31 Marth March 2025 2024 Notes INCOME Donatn5 182,114 175.739 37.(#XI 107.018 219,114 282.757 Charitable Actryitie5 24.318 22.621 24,318 23.508 TOTAL INCOME 206,432 198,3E J7,000 107,906 243.432 306,265 EXPEP401TURE Charitable Acbvities Fundraislr .821 128.253 855 52.212 57,301 213.033 185.555 85S TOTAL EXPENDITURE 160,821 129.107 52,212 57,301 213.032 186.410 Net incorne1le¥pEnditu) forthe year 45.611 69.253 115,2111 1.399 119.857 ReColIsatIon of fund5: Total fvnd5 brou8ht forward 125.306 56.323 184.586 64.729 Total Ivnd5 Carried Forward 170.917 125.576 59,010 214.985 184.586 The Statement of Flnancial AttleS inchjdes all gains losses recognised in theyear. l incoming reswrces and resources expended derNe from continu¢ng OF*ratics.
Paze 8 JU8ILEE+ la Cornpany Llrnlted by Guarantsel STATEMEMf OF FINANCIAL AcnwnES FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 FIXED ASSEts Tangible assets io CURRENT ASSErs Stocks 6.976 Debtors li 775 1.220 Cash at bank 307.66Z 171.346 185542 CURRENTLIABILMES Creditors." Arth)unts falling duewithin one year 15N5ZI 19561 NEfcuRRENT ASSETS 214985 184,586 NAsSEr$ FUND BALANCES Llnrestricted general tund5 RestridÈd funds 13&14 13&14 172A90 42,495 214.985 125.306 59,280 184.586 For the pefiod ending 31 Marth 2025, Ihe company was entitled io exempiicffj frLXn auoii under setti 477of the Companies Act 21KJ6 relaiin8to small cwpanie5. Dirertors. responsibI1I16es= the members have not required ihe company to obtain an audit of itsaccwnts lor the year in question in accordance with section 476". the direnors acknowledge their responsibile5 for comptying wilh the requirements of the Aa with re5pertto accouniing record5and the prep3ration of attounts. These ffinantial statÈments havÈ been prÈparÈd in atcordantÈ with the spEcial pro¥isths of Part 15 of thÈ CompaniÈs t 2(Th relatin8to small L*)rnpanios. These NnancSal siatemonts were approved ty thè trustees on 3rd October 2025 and are rd on thelr behalf by: A J Mcwilliam Trustee
Pa8e9 JUBIL+ la Company Llrrated byGuaranteel NOTESTO ThE F114ANaAL STATEMEpirs FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POUCIES General InforrTration and Basis of Pr ration JubilÈe+ is a private company lirnited 8uarantee re8iSterod in Efi8land. In the evthtof thedlity bo1n8we . the liability ifi réspeet ofthÈ8uarantee Is 1Smited to £10 per member of the charity. The address of the r1$tered office is8iven in the charity information on page4 of these financ1 statements. The nature of the tharity'soperations and kKincipal artmties arethe prOmotn of scoal inclusion and rhe prewention or relief of perry or financial hardship. The Charity constitteS a public benefit entity as defined by FR5 102. The finala1 statements have been prepared in (Ordan with coUntIng and Reporiing by Charitie5.' Statement ol Recommended Pracbce appljcable to chantie5 preparirtheir accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of lieland IFRS 1021 issued ith October 2019, the Financial Rew11ft8 Standard applicable In the Uitd Kingdom and Republic of Ireland IFRS 1021. theCharttiesAct 2011. the cpaleSA(f 21XJ6 and UK General1cepted ACCwnti Practice. The financial statements are preparedon a 8oiw concern asndeTthe historical 51(On¥enon. Thefirbantial statement5are wesented in pounds sterling. which 15 the functional Curnry of thecharity. and rounded th the nearest pound. The 5¥nificant accountin8 wIleS applied in the preparation of these filnE stsiements are sei out be. These pdiues ha¥e been constentIVappl1ed to all years presented unlessotheThYise 5taied. l irtcome ts retO8nised once the tharity has entitlement to suth income. thert issufficientcertainty of receipt and itis pfobable that the income will be recèived. nd amount of lttcome can be moastsrod liat. Grant5 and Donations Where donors speclfythat 8rantsordafiatS be used in period, h)tc•ne Is defwred until tlw>se perKJds', Where donors smpose condit1tSh1ch havÈto be fvlfilltd btforo thÈ tharity becomes erttit to uStth intomÈ, thè intome is deférred until th period in which the prtrconditi¢)ns are met. Where donors specify that irants or donations are fLW a particular restrKted pvn)se. Wthith does r#)t amountto pre-conditions re8ardir¥ entitlement, the income is included in incomin8 reseThes within restriued ftsnlts then received. Resources Ex ended Resources expended are recoinised in the Statement of Financial Adivibes on an accruals basis. irlusiveof VAT. Individual costs are allocated between the Various headings in the Statement of Financial Artivities by referenceto the wderly1 ftatwe or 8$On for whichthose costs We incurred, an estimated percentage ba5iS. Unrestricted funds comprise Income reived or generated referenceto thègeneral r•jeasof the th3rity Withotlrther sFecified purFKise_ Suthfunds may however be designated by ihe trullees tor speofic purposes from tsrne io itrThe. Restricted funds are those donated for a speCifd purwse as laid down thedcnor ora5the resultof a specificappeal oraPicall0n_ Sh funds are kept stpÈrate Irorn thÈunrostritted funds oftht tharity and related twdituré ischarltd 4aitst them. Tangible fixed assets are capitalised and depreoated atthe tdlo¥rir% rate4 so as to lte ofteach assetover itse5timated Lt5efiJl Itfe.. Fixtures. fittings and equipment- 25% reducing balantÈ Stock Stttk is included atthe lower of c05tor net realtsable valu Trade and other debtor5 are recogrmsed atthesettlementamount (hje after any tradedismuntoffered. Prepayrnts arevalued atthe3rnrt prepaid nei of any trade discounts due. Cash at Bank3nd Hand Cash at bank and cash in hand includÈs eash and short-temi li8Ny14uid in%tments with a short matlty olthrtÈmohthsar Itssfrom the date tsf acquisitlOAor opening ofthe dekY)Sit or similar account. Creditor5 and provisions are reco8ni5ed ¥rtre the tharity ha5 a presentoblytion resultgIr0rn a past eventthatwill probabty resuk in the transfer otfunds toa third party and the amount due to settle the obli8atK)n tèn be measfftd oresiimited rdiabty. CredIt$8 Wty•rysiofisaie nom)•lty recOlse1 aitheir settlemeni amunt after allowing for any trade discwthts due. Pension C05t5 Contributions, whKh are payable brt0t petsonal pension of tho empltyee. afechar8edtoiho siatemerf of Flthancial kllTrAties tho period to hlth they rete. Goin concern The finaThcJal statements ha¥&be wepared on è ithn8corKem basisas thetrustees bdththai no material uThcertainries e¥ist. The trvsrees have considered the ledel of flthds held and the exrtted te¥tl of income and exrenditure lorthe IZ months from authorisin8 these financial statements.The but*eted tncome and expeTr4itsJre ISsth1entWth S of reserves f the charity to be able to tontinueas agoirrfd concern.
P4e 10 JUBIL+ la Company Llrrated byGuaranteel NOTESTO ThE F114ANaAL STATEMEpirs FOR THE YEAR ENDED 31 MARCH 2025 LEGAL STATUS OF THE CHARITY The charity Is a company limiied by 8uarantee and has Mshaie capit. The liability ol eath MeMr in ihe eve¢)t of Wind1 up is limited to £10. DONATIONS Uniestdctsd Fub 2025 Restrirted Funds 2025 T41 Funds 20 2024 2Q24 2024 Donations Gift Aid IncomefT¢yn ¢)theror8anisations 702X 130.487 2.294 42.958 70290 2.689 146.145 131,387 2,519 148,851 225 105,893 109.145 182.114 175.739 37.IX•J 107,018 219.114 282,757 INCOME FROM CHARITABiE Acfi¥TfiES Re5tr1cted Fund5 Yerto 31 18 Months to Marth 31 Marth 2D25 2Q24 Totsl Fund5 Yurto 31 18 Months to Marth 31 Marth zo 2024 Natloftal ctr)ference to take plate as a li is ttr hybrid online and in Brighton, in Yearto 31 Ma 2025 18 Months to 31 March 2024 Conference fs Spe?king events Sale r>f Resourc Bank Interest 10,730 6.932 63$ 17 11.208 7.834 10,730 6.931 639 17 11,208 7.834 4,467 14.318 22.621 24.318 23.508 CHARITABLE ACTIVITIES Toul Funds Yearto 31 March 2025 Yearto Ji March 2025 Year to 31 March 2024 Yearto 31 Marth 2025 Year 10 31 March 2024 Year tg 31 March 2024 Cosi$ dfjrert or 1r4lirea4ffTed ty aapths: Conlerence expenses Supporting partner churches Resources for churches jubilee+ Voices adwsorygro 5peakin8 e¥ent expenses Relatiorthips with charity partners Webslte, Content and Videotonferefices Lea¢Jership of chartable pr(ryects Public Policy Donations to oiher charities Website and P¢¥stcasts Youth resources Leadership TrainÈng Book publishing project Prayer resource Support ofcere EmrAoyment 10.615 2J21 8,161 28.011 g.B26 8,027 10.615 IS.952 16.673 7,679 7.471 919 28,011 27,044 8,027 18,131 14,045 12,883 11,243 9,C82 1,853 837 13.129 8.512 7h79 17.218 18.131 7A72 919 14.(h15 12.883 11.243 9.C2 1.853 837 2.438 l438 10.5th) L340 438 270 438 270 12.0211 10,387 13.174 13.174 12.0211 10.387 7Jl8 7318 Costs not apwtloned: Staff Costs Leadership teèm meotirfs Support costs- Manaiemeni and èdmln External Con1rtorS Staff Traini Bank Charqes Governance costs". Accovntancy and independent eXlall Trustees. rneetin8 eXrISeS 93.930 10.698 8,on 1.625 1.63a 445 150 33.466 10.856 94.330 10.698 8,on L615 L633 44,322 150 uo 120 160,821 128.253 52,212 57.301 213,033 185,555 All tosts are takufatod a dÈtiled allrtatic of statttsrnE. based upon mDnthtySubmissKal tsme5heet
P4e 11 JUBIL+ la Company Llrrated byGuaranteel NOTESTO ThE F114ANaAL STATEMEpirs FOR THE YEAR ENDED 31 MARCH 2025 NET INCOME I EXPENOITURE FOR THE PERIOD Veario 31 March 2025 Year to 31 PAar£h 2024 This is stated after charging= Staff costs Inote 81 Trustees em¢luments Inote 161 AccwntsnryIlndeFendI Examirr's fee5 IOl938 56.986 107,932 51,750 STAFFCOSTS AND NUMBERS Yrto 31 Marth 25 Year 10 31 Marth 2024 Gross salary Emplwer's pensim (e 81 IOl938 I035 95,897 IZ,035 III9Y3 107,942 Dtsrlnithe year to March 2025. thetharityemkknd an avera8e FTE equivakntof 3 part-time members staff12024.. 11. PENSION COSTS The pension costs in ihe yearol £10.03512024.. £12.0351 represent paymentsduetothedefined Contr&blOn5 pSon5£hrne operated for the charitys employees. TUATION As a registered charitY.Ju1ee i5exempt from lax1 its Ire under Seriity) 505 oltheTaxesArt 1988 prcwided thatsuch iome is applied lortharitable purposes onlv. 10 TNGLE FIXED A55Efs There were notangtble fixed assets or cawal expeThl1re commitments at 31 March 2025or 31 March 2024 11 DEBTORS AND PREPAYMENTS 2025 2024 Other debtors Prepayments and attr0 ificthe 1,220 Il775 12,775 1,220 12 CREDrroRS: Amountsfallry due wthn one year 202S 2024 ccounts Payable other (reditors 5M51 956 5.452 956 13 APiALYSIS OF NET ASSETS8EfwEEN FIINDS Unrestricted Funds RestrScted Funds Total Cash at bank Other net current asss 165,858 6.632 I72.4) 41,804 691 42.495 207,662 7,323 214.985
P4e 12 JUBIL+ la Company Llrrated byGuaranteel NOTESTO ThE F114ANaAL STATEMEpirs FOR THE YEAR ENDED 31 MARCH 2025 14 STATEMEKT OF FUNDS Asat i April 2024 Asa131 March 202S Income EXpenthre Transfers Unrestrirted Funds- General 125.3 183.325 126.025 10.116 Restricted Funds.. 17.6791 113.1291 113.1741 110.5121 Pariner Churches scheme Leadership Train&ng Look Ahead Youth Resource Youth 54..2 FoundatSon Benefart Trust 14.782 32.737 4.162 11,6531 19,563 4,350 14,3501 650 14,600 7.682 15,C 15.( 17.3181 Total restricted funds 59.280 37,(Xl) 152.2121 42,495 Total Funds 184.586 Z20 325 178.237 214985 Restricted Funds Jubilee+ Voices." Douglas Trust is lunded a tw(war proiectaed atdirectly connectir¥ ¥rith peoplewho have Suffered social povty. hardshipor exclusion. The èlm Ss to efisurt thai Jubllw artivitiesaddress suth iss kn aWe1lf¢¥mtd and wellafected mafftnor.Thls prf4ort tlosed In Novembor 2024 Partner hurthes ". Jubilee+ has identified partnering with indNidual thurthes as a strate8Yto increasethe reath and the impaa of ihe benefits IE has to offer. In order to Incre the number of such churche5.Jubilee+ has bro1 OTh staff to aid with thegr(Avth ofthe scherne. Thi5 initiativeviassO% funded by Douglas Trust and finished Mèrth 2025. Load2[. Funding wès received from an anonymtyJs dMLY todevlopa teadersh"p trainiry courseforchurchesto usewith peOe with a back8round of poverty who would find it difficutt to accesstraditional leadership courses. Look ain Youth Resource- Fundingvias receNed frrAn London city PAission and feSPrIr (hurch Horsharn, towards the production ol trainir resources aimed t encoura8in8 and equipping your% people toenga8e th )Cial justice arKI action. Youth.. Funding was received from calaSt WeOrk ofchurches to aKI Jubilee+ work in etylpplw peOe toeryago lth sociallustlce èrd actlon. Thls funding was used to cover the fundinÉ shortfall for Look4ain (see artdour(Kk at NewDa¥ summerfestivals. LLOuiLn." 54".2 Foundation is funding 3 part time srKial media rolefor JUlee*. toaid increasingJubilee+'svisibilty amDngsi the wider thurth coMmn[ty. Funding ¥Yill last for 3 years and mnIV cover salaryc05ts, ah0h other costconnected io the rde have also been covered. fact Trust.. Fuhdiry was reteived from the Oenefact Trust to help fund staffiw I0 and CFOlastho tharity ificrÈasos lfi siie. Partial funding has been given for a 3 yeèr peryod, with the remain cost comiw frcm unrestricted funds.
P4e 13 JUBIL+ la Company Llrrated byGuaranteel NOTESTO ThE F114ANaAL STATEMEpirs FOR THE YEAR ENDED 31 MARCH 2015 IS CONTROWNG PARTY ThrohOur thecurreni and prV41 peric4150f thecharny wa5 dert contrd of the Board ofTrusieesn)irectors. 16 TRANcri0NS TRUSTEESAPID RELATED PAAnES As permitted by rhe ArtKles of AsXKiat of thecharity. ¢sUan15 fees. Sala aftdexrw have been wd io iNsiee& Trtsstees hwealso maoe donations directly tothechartty, or are connected wtth Drganisationswho have made dorkations. Details are as follrA¥S= zo 2024 Sala Costs N A Wllliams Salarv Pension 52,282 4.7(hl 56.986 45,511 6.239 51,750 nse5 Reimbursed forTrustees Meetin GNAnns AJ Biggs J M L Charleswryrh J Evan5 KJ Osborn K Welch A Mcwilliam N A Williams and othereventswhere arti a5 aTrustee 158 158 13.913 This includes donarions from the Trusiees and rhe following relaied parties= Chnst Central ChurchesWorldwLde. whefe G N Anns is a trUs1/dirertOr. 8èrTrÈbas CornrNnity Church, where J M L Chafle5WOrth is a trusteeldirector. In the currentyear thecharityalso paid £4{klOr yw £3501 io Chrisi Central thurthesty eXhItr atone of their conlerences.