JUBILEE PROJECT PORT TALBOT, CIO
Charity Registration Number 1174540 REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Rev. Dr. E.M.A. Hill O’Shea Mr A.D. Hill O’Shea Rev. Shaun O’Keefe Mr. Michael Treharne Mrs Clare Bell
Chair
Dr Elizabeth Hill O’Shea
Registered Office
Bethel Trust Port Talbot, Sandfields Road, Aberavon, Port Talbot. SA12 6LR
Governing Document
Declaration of trust deed dated 6 September 2017. Registered Charity No. 1174540 Incorporated in England & Wales.
Bankers
Natwest Bank Plc
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Contents
| Cover | 1 |
|---|---|
| Legal and administrative information | 2 |
| Contents | 3 |
| Trustees' Report | 4-5 |
| Statement of Financial Activities | 6 |
| Balance Sheet | 6 |
| Notes to the Accounts | 7 |
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JUBILEE PROJECT PORT TALBOT, CIO
TRUSTEES’ REPORT FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their report and the accounts for the year ended 31 March 2025
CONTACT
The Charity can be contacted via Dr. Elizabeth Hill O’Shea, Ty Caris, Roman Road, Banwen, Neath. SA10 9LH.
GOVERNING DOCUMENT
Declaration of trust deed dated 6 September 2017.
OBJECT
The object of the CIO is for the public benefit, the relief of persons who are in need by reason of financial hardship, ill-health, unemployment, education and such other economic or social disadvantage.
GOVERNANCE
The work of Jubilee Project is led by Dr. E.M.A. Hill O’Shea, her husband Mr A.D. Hill O’Shea and other Ministry Leaders appointed by them and the other trustees.
The Trustees meet regularly to review the work of the Trust, give future direction, oversight and to ensure good governance.
TRUSTEES
Dr. E.M.A. Hill O’Shea Mr A.D. Hill O’Shea Rev. Shaun O’Keefe Mrs Clare Bell Mr. Michael Treharne
REVIEW OF THE YEAR 2024 – 2025 by Dr Elizabeth Hill O’Shea
Jubilee Project was originally set up to support and assist clients struggling to overcome addictions and to provide training and voluntary opportunities to build confidence and essential life and work skills. We had hoped that eventually this project would operate in its own property, which is why a separate registered charity was set up.
Prior to Covid restrictions, we were running this project out of the premises of our charity partner, Bethel Trust. Our partner runs a drop-in centre three open three days a week for people in need within the local community. We were able to partner with Bethel Trust and signpost clients who were struggling with addiction to the work of Jubilee Project for support to overcome their addictions. However, when restrictions came into force following Covid, we had to temporarily suspend our weekly Celebrate Recovery support group.
Although our partner was able to reopen after Covid, due to a lack of resources, we have not been able to continue the Jubilee Project for now. There are currently no activities taking place under Jubilee Project charity. It is therefore currently dormant,
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but the Trustees hope to kickstart its work once funding and opportunity provides in the future.
The charity’s income was previously derived from donations and grant funding. We did not experience expenditure this year as we did not conduct any charitable activities, which is reflected in this year’s accounting report.
The Trust operates one single unrestricted general fund.
RISK REVIEW
The trustees have conducted their own review of its major risks to which the charity is exposed and systems have been established to mitigate those risks.
RESPONSIBILITIES OF THE TRUSTEES
Charity law 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 Trust as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure for the financial year.
In preparing those financial statements the trustees should follow best practice and select suitable accounting policies and apply them consistently, make judgments and estimates that are reasonable and prudent and prepare the financial statements on the going concern basis unless it is inappropriate to assume that the Trust will continue on that basis.
The trustees are responsible for maintaining proper accounting records, which disclose at any time the financial position of the Trust and to enable them to ensure that the financial statements comply with charity legislation. The trustees are also responsible for safeguarding the assets of the Trust and hence for taking responsible steps for the prevention and detection of fraud and other irregularities.
APPROVAL
Approved by the trustees on 31[st] January 2026 and signed on their behalf.
Dr. E.M.A. Hill O’Shea Trustee
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JUBILEE PROJECT PORT TALBOT, CIO
STATEMENT OF FINANCIAL ACTIVITIES - FOR THE YEAR ENDED 31 MARCH 2025
| 2025 | 2025 | 2024 | 2023 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| £ | £ | £ | £ | ||||||||
| INCOMING RESOURCES | |||||||||||
| Donations received | 0 | 0 | 0 | 0 | |||||||
| Grants received | 0 | 0 | 0 | 0 | |||||||
| Other income | 0 | 0 | 0 | 0 | |||||||
| Total incoming resources | 0 | 0 | 0 | 0 | |||||||
| 2025 | 2024 | 2023 | 2023 | ||||||||
| £ | £ | £ | £ | ||||||||
| DIRECT CHARITABLE EXPENDITURE | |||||||||||
| Charityexpenses | 0 | 0 | 0 | 0 | |||||||
| Refurbishment work | 0 | 0 | 0 | 0 | |||||||
| New front doors | 0 | 0 | 0 | 0 | |||||||
| Signage | 0 | 0 | 0 | 0 | |||||||
| Staff Bank charges 0 0 BuildingSafetyinstallations 0 0 0 Total expenditure 0 0 0 Net incomingresources 0 0 0 Bank balance at 1 April 0.21 0.21 0.21 Bank balance at 31 March 0.21 0.21 0.21 ~~=—=2e~~ |
|||||||||||
| JUBILEE PROJECT PORT TALBOT, CIO | |||||||||||
| STATEMENT OF ASSETS AND LIABILITIES AT 31 MARCH 2025 | |||||||||||
| 2024 2023 2022 £ £ £ Cash at bank in hand 0.21 0.21 0.21 Approved by the Trustees on 31stJanuary 2026 and signed on their behalf. ~~ESS~~ |
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| Dr. E.M.A. Hill O’Shea (Trustee) | |||||||||||
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JUBILEE PROJECT PORT TALBOT, CIO NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
1. ACCOUNTING POLICIES
The accounts have been prepared on the receipts and payments basis accounting for transactions that have actually gone through the charity bank accounts and the charities Act 2011.
Incoming resources
Income received from donations and grants is included in incoming resources when received.
Fund accounting
The trust has a single general unrestricted fund.
Gifts in kind
The trust benefits from unpaid labour provided by friends of the Trust.
The Trustees continue to be thankful to God for His provision through these people but are unable to put a value on these donations and they are not therefore included in these accounts.
The Trustees have not claimed any fees in the running of the trust for the period.
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