## **JERICHO COMMUNITY ASSOCIATION CIO**
**FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025**
**Charity Registration Number: 1168203**
1
## **JERICHO COMMUNITY ASSOCIATION CIO**
## **TRUSTEES’ ANNUAL REPORT AND FNANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025**
|**CONTENTS**|**PAGES**|
|---|---|
|Charity Information|3|
|Trustees’ Annual Report|4|
|Statement of Trustees’ responsibilities|7|
|Independent Examiner’s Report|8|
|Statement of Financial Activities|9|
|Balance Sheet|10|
|Notes to the accounts|11|
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**JERICHO COMMUNITY ASSOCIATION CIO**
## **CHARITY INFORMATION FOR THE YEAR ENDED 31 DECEMBER 2025**
## **TRUSTEE COMMITTEE MEMBERS**
Charlotte Christie (Chairman) Peter Stalker (Treasurer) Michael Barnes John Crabtree Scott Ellis (resigned April 8 2025 ) Zoe Guy
Jack Nicholson (Resigned April 8 2025) Amy Stein (appointed 14 May 2025) Colin Runacres (appointed 8 April 2025) Phyllis Starkey George Taylor Alex Towler
## **SECRETARY**
Amy Stein
## **REGISTERED OFFICE**
Jericho Community Centre 33a Canal Street Oxford OX2 6BQ
## **CHARITY REFERENCE NUMBER**
1168203
## **ACCOUNTANTS**
SPX Oxford Ltd Peace House 19 Paradise Street Oxford OX1 1LD
## **SOLICITORS**
Knights Solicitors Midland House West Way Botley Oxford OX2 0PH
## **CONSULTANTS FOR NEW CENTRE ESTABLISHMENT**
Stuart Larkin & Associates Limited Bullingdon House 174B Cowley Road Oxford OX4 1UE
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## **JERICHO COMMUNITY ASSOCIATION CIO**
## **TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2025**
## **Chairman’s report 2025**
The main channels of communication are regular mailings to members on information and events and the Association’s community website ‘Jericho Online’ at www.jerichocentre.org.uk which is updated regularly with information relating to the Community Centre and news about Jericho. Key meetings and activities are also notified by posters in the Centre windows, the two community notice boards and occasional leaflets.
We have 381members, an increase of 33 on last year. Anyone can join the association, either as full members for Jericho residents, or as an associate member if they live elsewhere and they can do so at any time online or by contacting the community centre.
## **Achievements and performance**
Our AGM in 2025 heard an interesting talk by local historian Mark Davies who has done a great deal of research and written books on Jericho. His latest book centres on a scrap book created in 1955 by Constance Hawtrey which she entered into a competition run by the Oxfordshire Rural Community Council. Mark was able to demonstrate that the Suburb of Jericho came into being with the first houses built in 1825 making this Jericho’s 200[th] anniversary.
We recorded our thanks to Scott Ellis who had been an active and dedicated member of the committee for several years. Scott had to move away from Jericho for family reasons and felt he could no longer give the commitment in the future. He would be the first to draw your attention to his autism which brought him challenges but allowed him to bring a directness and clarity to committee discussions. We wished him well for the future.
In addition, we recorded thanks to Jack Nicolson who had been our secretary for one year and also stood down as he has moved away.
Our main regular task remains the operation and maintenance of the Jericho Community Centre. As an old building, not designed for modern needs, this involves us in a great deal of discussion about priorities. We are acutely aware of the limitations of the building. We have no area that can be ‘open access’ for informal gatherings or meetings that would be usual in many modern Community Centres. There is no accessible toilet for wheelchair users and no way of installing one without a major remodelling of the ground floor.
We took the decision to support the Saturday café to allow one morning a week where people can gather with friends and neighbours for low-cost refreshments. Our policy is to use our funds to pay for the salary of the cook/ caterer (Andrea, who does an excellent job and has met demand by expanding into vegan options for the traditional breakfast). We then price the food and drink at a level that will cover costs of ingredients. The level of custom varies from week to week, but we feel it is important that neighbours know that, with the exception of annual leave, the café will be open on a Saturday.
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## **JERICHO COMMUNITY ASSOCIATION CIO**
There continues to be a wide mix of activities which Peter will be reporting on. Most of these are run by individuals who rent the rooms on a regular basis. The income from commercial organisations enables us to cross-subsidise other groups such as Alive and Kicking for older people which can use the Centre free of charge.
We support Greening Jericho, a local group that has done so much to make our area not just greener but also healthier and more attractive. In addition, we maintain the Jericho bouledrome which is used regularly by local and visitors.
We continue to have volunteers on the first Saturday of the month participating in local Litter Picking for which we provide the equipment and we participated again in the OxClean project where local groups are supported to run litter picking in their area.
On the ‘First Saturday’ our councillors have their surgery in our café and the community police occasionally visit to give local people an opportunity to raise questions and concerns.
Our main community event is the Annual Street Fair in June. In this we are joined by the Bookbinders who support with live music and St Barnabas Church supplying cream teas.
The JCA subsidises the cost of hiring a stall for residents to make it affordable for local people to be actively involved. Part of the money to do this is raised by a raffle which local businesses generously gave prizes for and we thank them for that. We also receive small grants for the city council and in this way, although we do not make a profit, we can cover our costs of putting on a what we consider to be a valuable and enjoyable community event.
Once again this year we joined with the school PTA and repeated the successful model of combining our annual community events into a full weekend of ‘Jericho Fest’. The Street Fair took place on the Saturday and the very successful Run Jericho took place on the Sunday.
We continued to support the Jericho Pantry by offering the space free of charge for the regular Tuesday session. The purpose is to use up food that would otherwise be thrown away and has expanded to serving curry made of surplus vegetables. We are grateful to the dedicated team of local volunteers who have made this such a success and particularly Dr Saman Jamshidifard who continues to be actively involved despite being involved what is now a wide number of similar projects across Oxford.
The JCA continues to work alongside the Jericho Wharf Trust (JWT) to pursue the development of the Jericho Canalside site which will incorporate a new Community Centre. The committee continues to play an active part in the debate and champion the Community’s need for a sustainable new Community Centre. Our speaker this evening will update us on the current position.
## **Health & Safety report**
There were no major health & safety issues.
The age of the building continues to raise issues of maintenance. We employ a part time Maintenance Officer who checks the building on a weekly basis and deals with any emergency issues. He and the Centre Manager devise a plan for prioritising routine maintenance within our limited
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## **JERICHO COMMUNITY ASSOCIATION CIO**
budget. Commercial cleaners come in three times a week early in the morning when the Centre is empty to avoid inconveniencing users.
## **Future Plans**
We will continue to apply our strategy of facilitating the widest possible use of the building and where possible subsidising groups which meet a particular local need. There are a range of different activities available and despite the constraints of the building we have many loyal groups and users who return year after year. We have had to turn some new requests away since our evenings are regularly fully booked. We ensure that the long lets of the rooms on the top floor continue to provide a steady income which allows us to keep charges competitive.
A priority remains to continuing to work within the Jericho Wharf Trust for the development of the Canalside site and a new Community Centre.
Charlotte Christie Chairman JCA July 2026
_July 2026_
## **Treasurer’s Report**
Thanks to a busy year at the Community Centre, the Association made a surplus of around £11,169, bringing accumulated funds to £75,930. This brings us back to where we were before the COVID period. However, approximately £40,000 of this must now be set aside for urgent renovations, notably the replacement of 19 fire doors.
_Peter Stalker Treasurer July 2026_
6
## **JERICHO COMMUNITY ASSOCIATION CIO**
## **STATEMENT OF THE TRUSTEES’ RESPONSIBILITIES FOR THE YEAR ENDED 31 DECEMBER 2025**
The trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and apply them consistently;
- observe the methods and principles in the Charities SORP
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to assume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records which disclose, with reasonable accuracy, the financial position of the charity and which enable them to ascertain both the financial position of the charity and ensure that the financial statements comply with the Charities Act 2011 and the Charity (Accounts and Reports) Regulations 2008. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
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## **JERICHO COMMUNITY ASSOCIATION CIO**
## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF JECRICHO COMMUNITY ASSOCIATION**
I report on the accounts of the Trust for the period ended 31 December 2025, which are set out on pages 9 to 17.
## **Respective responsibilities of trustees and examiner**
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
- examine the accounts under section 145 of the 2011 Charities Act
- to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the Charities Act
- to state whether particular matters have come to my attention
## **Basis of independent examiner’s report**
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity 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 you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the next statement.
## **Independent examiner’s statement**
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the requirements:
- to keep accounting records in accordance with section 130 of the 2011 Act and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act
have not been met or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Name: Sheila Parry
Relevant professional qualification or body: FCCA
Address: Peace House 19 Paradise Street Oxford OX1 1LD Date:
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**JERICHO COMMUNITY ASSOCIATION CIO**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025**
|Unrestricted
funds
£
606
58,612
4,608
858
**64,684**
6,223
46,574
**52,797**
**11,887**
- 802
**11,085**
64,182
**75,267**|2025
Restricted
funds
£
-
5,044
-
-
**5,044**
-
5,762
**5,762**
**- 718**
802
**84**
579
**663**|Total
funds
£
606
63,656
4,608
858
**69,728**
6,223
52,336
**58,559**
**11,169**
-
**11,169**
64,761
**75,930**|Unrestricted
funds
£
126
52,641
3,874
-
**56,641**
5,662
45,423
**51,085**
**5,556**
107
**5,663**
58,519
**64,182**|2024
Restricted
funds
£
-
44,907
-
-|Total
funds
£
126
97,548
3,874
-|
|---|---|---|---|---|---|
|||||**44,907**|**101,548**|
|||||-
45,196
**45,196**
**- 289**
- 107
**- 396**
975
**579**|5,662
90,619|
||||||**96,281**|
||||||**5,267**
-|
||||||**5,267**
59,494|
||||||**64,761**|
All recognised gains and losses are included in the Statement of Financial Activities.
9
## **JERICHO COMMUNITY ASSOCIATION CIO**
## **BALANCE SHEET FOR THE YEAR ENDED 31 DECEMBER 2025**
|**Notes**
**FIXED ASSETS**
Tangible Assets
7
**CURRENT ASSETS**
Debtors
8
Cash at bank and in hand
**CREDITORS:**Amounts falling due
within one year
9
**NET CURRENT ASSETS**
**NET ASSETS**
**INCOME FUNDS**
General funds
14
Designated funds
14
Restricted funds
14
**TOTAL FUNDS**|**2025**
**£**
**£**
311
3,333
74,811
78,144
2,525
75,619
75,930
58,287
16,980
663
75,930|**2024**
**£**
**£**
1,114
3,140
62,580
65,720
2,073
63,647
64,761
47,202
16,980
579
64,761|**2024**
**£**
**£**
1,114
3,140
62,580
65,720
2,073
63,647
64,761
47,202
16,980
579
64,761|
|---|---|---|---|
||||64,761|
||||47,202
16,980
579|
||||64,761|
These accounts were approved by the board of trustees on 8/07/26 and signed on their behalf by:-
George Taylor Trustee
Peter Stalker Trustee
10
**JERICHO COMMUNITY ASSOCIATION CIO**
## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2025**
## **1. STATEMENT OF ACCOUNTING POLICIES**
## **Accounting convention**
These accounts have been prepared under the historical cost convention, and in accordance with the Statements of Recommended Practice 2019 (SORP 2019), ‘Accounting and Reporting by Charities’, issued by the Charities Commission and the Charities Act 2011, together with applicable standards.
## **Income**
Income represents income receivable from room hire, rental income, fundraising, donations, gifts and interest received.
Donations and legacies are reported in the Statement of Financial Activities if they are received or due in the financial year.
Any income received relating to a forward period has been deferred.
Grants receivable are included in the year in which the offer is conveyed by the charity except in those cases where the offer has conditions, such grants being recognised as income when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are not included in the financial statements.
## **Expenditure**
All expenditure is included on an accruals basis and is recognised when there is a legal or constructive obligation to pay for such expenditure, inclusive of any VAT which cannot be recovered.
Grants payable are charged in the year when the offer is conveyed to the recipient except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered that are subject to conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure.
Resources are expended in the furtherance of the charity’s objectives.
## **Depreciation**
Depreciation is provided at the following rates so as to write off the cost less residual value of the assets over their estimated useful lives. A full year’s depreciation is provided in the year of acquisition.
Office equipment – straight line basis at 25% per annum. Leasehold improvements – straight line basis at 20% per annum.
Items included in fixed assets are capitalised where there is an identifiable asset and / or when the purchase cost exceeds £100.
## **Fund accounting**
Funds held by the charity are either:-
**Unrestricted general funds** – these are funds which can be used in accordance with the charity’s objectives at the discretion of the trustees.
11
**JERICHO COMMUNITY ASSOCIATION CIO**
## **NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025**
**Designated funds** – these funds represent monies set aside for specific purposes at the discretion of the trustees rather than the donors.
**Restricted funds** – funds received can only be used for specifically nominated expenditure by the donor and are credited to income in the year in which they are received. Where amounts are not specifically allocated against expenditure in that year the balance is deferred and added to the balance brought forward on the restricted funds and is used in subsequent years in line with the restrictions placed by the donor.
## **Taxation**
The organisation, being a charity, is not liable to taxation on its income.
12
**JERICHO COMMUNITY ASSOCIATION CIO**
## **NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025**
## **2. INCOME FROM CHARITABLE ACTIVITIES**
|||2025|||2024||
|---|---|---|---|---|---|---|
||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
||funds|funds|funds|funds|funds|funds|
||£|£|£|£|£|£|
|Rentals and room hire|58,612|-|58,612|54,641|-|54,641|
|Grants|-|5,044|5,044|-|44,907|44,907|
||**58,612**|**5,044**|**63,656**|**54,641**|**44,907**|**99,548**|
## **3. INCOME FROM OTHER TRADING ACTIVITIES**
|Café income
Street fair
Other income|Unrestricted
funds
£
1,148
2,844
616
**4,608**|2025
Restricted
funds
£
-
-
-
**-**|Total
funds
£
1,148
2,844
616
**4,608**|Unrestricted
funds
£
1,043
2,631
200
**3,874**|2024
Restricted
funds
£
-
-
-
**-**|Total
funds
£
1,043
2,631
200|
|---|---|---|---|---|---|---|
|||||||**3,874**|
## **4. EXPENDITURE ON RAISING FUNDS**
|
Café purchases
Café wages
Street fair purchases|Unrestricted
funds
£
792
3,306
2,125
**6,223**|2025
Restricted
funds
£
-
-
-
**-**|Total
funds
£
792
3,306
2,125
**6,223**|Unrestricted
funds
£
903
2,519
2,240
**5,662**|2024
Restricted
funds
£
-
-
-
**-**|Total
funds
£
903
2,519
2,240|
|---|---|---|---|---|---|---|
|||||||**5,662**|
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**JERICHO COMMUNITY ASSOCIATION CIO**
## **NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025**
## **5. EXPENDITURE ON CHARITABLE ACTIVITIES**
|Wages
Rent and rates
Utilities
Housekeeping
Insurance
Repairs and maintenance
Telecoms
Grant expenditure
Sundries
Depreciation
Governance costs|Unrestricted
funds
£
7,817
8,245
7,495
7,712
1,118
7,954
2,248
-
1,264
803
1,918
**46,574**|2025
Restricted
funds
£
-
-
-
-
-
2,008
-
3,754
-
-
-
**5,762**|Total
funds
£
7,817
8,245
7,495
7,712
1,118
9,962
2,248
3,754
1,264
803
1,918
**52,336**|Unrestricted
funds
£
7,428
8,095
8,097
5,920
1,066
7,409
2,710
-
2,007
803
1,888
**45,423**|2024
Restricted
funds
£
-
-
-
-
-
322
-
44,874
-
-
-
**45,196**|Total
funds
£
7,428
8,095
8,097
5,920
1,066
7,731
2,710
44,874
2,007
803
1,888|
|---|---|---|---|---|---|---|
|||||||**90,619**|
## **6. GOVERNANCE COSTS**
|Accountancy fees
Independent examination|Unrestricted
funds
£
1,668
250
**1,918**|2025
Restricted
funds
£
-
-
**-**|Total
funds
£
1,668
250
**1,918**|Unrestricted
funds
£
1,648
240
**1,888**|2024
Restricted
funds
£
-
-
**-**|Total
funds
£
1,648
240|
|---|---|---|---|---|---|---|
|||||||**1,888**|
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**JERICHO COMMUNITY ASSOCIATION CIO**
## **NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025**
## **7. TANGIBLE ASSETS**
|Costs
At 1 Jan 2025
Additions
Disposals
At 31 December 2025
Accumulated depreciation
At 1 Jan 2025
Charge for year
Disposals
At 31 December 2025
Net book value
At 1 Jan 2025
At 31 December 2025|Office
equipment
£
3,842
-
-
3,842
3,842
-
-
3,842
-
-|Leasehold
improvements
£
30,563
-
-
30,563
29,449
803
-
30,252
1,114
311|Total
£
34,405
-
-|
|---|---|---|---|
||||34,405|
||||33,291
803
-|
||||34,094|
||||1,114|
||||311|
The net book value represents fixed assets used for direct charitable purposes.
## **8. DEBTORS**
|**8. DEBTORS**|||
|---|---|---|
|
Trade debtors
Bad debt provision
Prepayments and accrued income
Other debtors|2025
£
385
- 122
3,060
10
3,333|2024
£
673
- 500
2,967
-|
|||3,140|
## **9. CREDITORS:** amounts falling due within one year
|Accruals and deferred income
Other creditors|2025
£
2,327
198
2,525|2024
£
1,875
198|
|---|---|---|
|||2,073|
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**JERICHO COMMUNITY ASSOCIATION CIO**
## **NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025**
## **10. TRUSTEE REMUNERATION, TRUSTEE EXPENSES AND RELATED PARTY TRANSACTIONS**
No members of the management committee received any remuneration during the period. No committee costs were reimbursed to trustees during the period. No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity during the period.
## **11. INDEPENDENT EXAMINATION AND OTHER FINANCIAL SERVICE FEES**
|Independent Examiner's fees
Other financial services
**12. STAFF COSTS AND EMPLOYEE BENEFITS**
Wages and salaries
Employer's pension contributions
Employer's National Insurance|2025
£
250
1,668
1,918
2025
£
11,123
-
-
11,123|2024
£
240
1,648|
|---|---|---|
|||1,888|
|||2024
£
9,686
261
-|
|||9,947|
Average head count: 2
No employees received employee benefits of more than £60,000.
## **13. REMUNERATION AND BENEFITS RECEIVED BY KEY MANAGEMENT PERSONNEL**
The key management personnel of the charity are the voluntary trustees. There are therefore no remuneration or benefits of the key management personnel to disclose.
16
**JERICHO COMMUNITY ASSOCIATION CIO**
## **NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024**
## **14. MOVEMENTS IN FUNDS**
||As at 1
Jan 2025|Income|Expenditure|Funding
capital
expenditure|Transfers|Transfers|As at 31
December
2025|As at 31
December
2025|
|---|---|---|---|---|---|---|---|---|
||£|£|£|£|£||£||
|Unrestricted funds:|||||||||
|General funds|47,202|64,684|- 52,797|-|-|802|58,287||
|Designated funds:|||||||||
|Establishment of new community
centre|16,980|-|-|-||-|16,980||
|**Total**|64,182|64,684|- 52,797|-|-|802|75,267||
|Restricted funds:|||||||||
|Alive & Kicking|90|500|- 150|-||-||440|
|Norham|101|126|- 226|-||- 1||-|
|Building repairs|-|2,000|- 2,008|-||8||-|
|Green Jericho|388|-|- 334|-||-||54|
|Jericho Pantry|-|1,060|- 1,049|-||-||11|
|JWT|-|1,200|- 1,995|-||795||-|
|St Sepulchre's|-|158|-|-||-||158|
|**Total**|579|5,044|- 5,762|-||802||663|
||||||||||
||64,761|69,728|- 58,559|-||-|75,930||
## **Purpose of designated funds:**
As at the end of the period, funds of £16,980 were held in respect of funds collected and expended in connection with the establishment of a new Community Centre for the charity.
## **Purpose of restricted funds:**
£54 was held for Greening Jericho to pay for ongoing expenses for plants and equipment. £158 was held for the St Sepulchre’s gardening group for equipment purchase. £440 was held for Alive and Kicking activities.
## **15. ANALYSIS OF NET ASSETS BETWEEN FUNDS**
|Tangible fixed assets
Cash at bank and in hand
Debtors
Current liabilities|General funds
£
311
57,169
3,333
- 2,525
58,288|Designated
funds
£
-
16,980
-
-
16,980|Restricted
funds
£
-
663
-
-
663|Total
£
311
74,812
3,333
- 2,525|
|---|---|---|---|---|
|||||75,931|
## **16. POST BALANCE SHEET EVENTS**
There have been no significant post balance sheet events.
17