JUBILEE CHURCH LIVERPOOL
RECEIPTS AND PAYMENTS ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2022
Hailwood & Co Chartered Accountants
1
JUBILEE CHURCH LIVERPOOL
Independent Examiners Report
For the year ended 31 March 2022
I report to the Trustees of Jubilee Church Liverpool on the accounts for the year ended 31 March 2022 set out on pages 2 to 4.
Responsibilities and basis of report
As the charity trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable directions given by the Charity Commission under section 145(5)(b) of the Act.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which give me cause to believe that in any material respect:
-
accounting records were not kept in accordance with section 130 of the Act, or
-
the accounts do not accord with the accounting records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
A D French FCA Hailwood & Co Chartered Accountants Moreton 27 January 2023
| 2 | 2 | |||
|---|---|---|---|---|
| JUBILEE CHURCH LIVERPOOL Accounts for the year ended 31 March 2022 Receipts and Payments Account |
||||
| 2022 | 2021 | |||
| £ | £ | £ | £ | |
| Income | ||||
| Donations and gifts - congregational giving Donations and gifts - building fund Building hireout Loan drawdown for building acquisition |
65,005 20,330 2,250 83,000 |
96,499 50,229 - - |
||
| Other income Interest |
660 - |
315 28 |
||
| Total Income | 171,245 | 147,071 | ||
| Expenditure Asset purchases Acquisition of church building Direct charitable expenditure |
225,811 | - | ||
| Children's and youth work | 519 | 2,829 | ||
| Asylum/older people/homeless | 634 | 758 | ||
| Evangelism, publicity and resources Newfrontiers giving |
791 12,000 |
525 11,875 |
||
| Other gifts | 1,300 | 5,300 | ||
| 15,244 | 21,287 | |||
| Management and administration | ||||
| Insurance, licences and bank charges | 1,546 | 774 | ||
| Office supplies and equipment Room hire |
632 - |
110 1,455 |
||
| Building maintenance and hire costs Utility costs |
6,983 2,285 |
- - |
||
| Staff costs Vehicle and travelling costs |
53,175 1,263 |
50,688 202 |
||
| Telephone and internet | 659 | 171 | ||
| Conferences and training Accountancy fees Other professional fees |
629 900 750 |
13 - |
||
| Subscriptions Sundry costs |
120 1,142 |
70,084 | 130 416 |
53,959 |
| Total Payments | 312,281 | 75,662 | ||
| Net unrestricted (expenditure)/income for the year | (141,036) | 71,409 | ||
| 3 | 3 | |||
|---|---|---|---|---|
| JUBILEE CHURCH LIVERPOOL Accounts for the year ended 31 March 2022 Assets and Liabilities |
||||
| Notes | Unrestricted | Funds | ||
| 2022 | 2021 | |||
| £ | £ | £ |
£ | |
| Fixed Assets | ||||
| Chapel, Ramilies Road, Liverpool. 1 |
225,811 | - | ||
| Debtors | ||||
| Gift Aid Claim | 17,208 | 5,034 | ||
| Donations | 20,020 | - | ||
| 37,228 | 5,034 | |||
| Monetary Assets | ||||
| Bank - current account | 25,674 | 43,729 | ||
| Bank - building fund account | 418 | 123,399 | ||
| 26,092 | 167,128 | |||
| Liabilities | ||||
| Loan from M.E.T. 1 Loan from member of congregation 1 |
65,000 18,000 |
- - |
||
| Charitable activities Tax and social security costs |
1,755 - |
- 1,260 |
||
| Accountancy | 936 | 900 | ||
| 85,691 | 2,160 | |||
| Signed on behalf of the Trustees | ||||
| Emma McColl | ||||
| Emma McColl (Jan 27, 2023, 2:52pm) | ||||
| E McColl | ||||
| Trustee | ||||
| 27 January2023 |
4
JUBILEE CHURCH LIVERPOOL
Accounts for the year ended 31 March 2022
Notes
- 1 Fixed Assets and associated liabilities
On 14 May 2021 the Charity acquired The Chapel, Ramilies Road, Liverpool, L18 1ED.
This building now acts as the Charity's functional property out of which all its charitable activities are based.
The Acquisition cost £225,811 including fees, and was funded by a loan from Merseyside Evangelistic Trust of £65,000, a loan from a member of the congregation of £18,000 and the remainder from retained funds set aside for this purpose.
The loan from Merseyside Evangelistic Trust is repayable over 5 years.
Issuer Hailwood & Co Document generated Fri, 27th Jan 2023 14:37:00 UTC Document fingerprint 68fb94cc7608f247501e848c5c6727c1
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