Finance Score: 5

Governance Score: -2

Support Score: 5

Liabilities <10%: +3
Excess reserves: -3
Strong growth: +2
Fundraising costs low: +3

Narrow trustee age band: -2
Dynamic board: +3
Multiple returns filed late: -3

Large volunteer base +3
Overall weighted support: +2

Overall GiG Score: 8

JUBILEE CHURCH LONDON

.Living the Great Commandment of God and doing the Great Commission of Jesus Christ. 2.To advance the Christian Faith according to our statement of beliefs and in accordance with the Bible. 3.To relieve persons who are in conditions of need or hardship. 4.To promote other such charitable purposes beneficial to our local community, and the United Kingdom at large and other parts of the World

Analysis by Giving is Great

Positives:

This charity has been successful in attracting volunteers relative to its size
The charity has received modest backing from several prominent grant makers recently
This charity has a robust balance sheet
There has been strong growth in spending over the last 5 years
There have been no income shortfalls in recent years
Fundraising costs are unusually low relative to funds raised
The Board appears to be dynamic in terms of composition

Regulatory & Governance issues to consider:

The Board has little diversity in terms of age
Returns have been filed late on 3 occasions over the last 5 years and the current period appears to have been extended

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £9,146,839 available, equivalent to 40 months of spending and so may not be able to utilise additional funding

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit £k	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/03/23	*	£3,105	£2,736	£368	£0	£9,366	£9,147	40.1	26	800
31/03/22	*	£3,172	£2,401	£771	£0	£8,915	£8,639	43.2	26	800
31/03/21	*	£2,969	£1,747	£1,223	£0	£8,322	£8,044	55.3	28	850
31/03/20		£3,068	£2,238	£830	£0	£7,100	£6,921	37.1	25	680
31/03/19		£2,645	£2,114	£531	£0	£6,242	£6,112	34.7	24	650
31/03/18		£73	£1	£72	n/a	n/a	n/a	n/a	n/a	n/a
31/03/17		£1	£1	£0	n/a	n/a	n/a	n/a	n/a	n/a
31/03/16		£2,180	£23	£2,157	£0	£2,157	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0.1%
Fundraising Costs/Total Spending: 0.1%
Senior Staff Costs/Total Spending: 7%
Highest pay band: £90,000-£100,000
Liabilities/Assets: 2%
Liabilities/Income: 7%
Unrestricted Funds/Total Funds: 98%
Reserves/Spending: 40.1 months
Net Current Assets/Spending: 20 months
Quick Ratio: 22

Asset Split ?

Balance Sheet History

Established: 10 years

www.jubileechurchlondon.org

info@jubileechurchlondon.org

02083631324

Charity Commission for England and Wales

Listed activities

General Charitable Purposes
Religious Activities
The Prevention Or Relief Of Poverty

GiG Classification

Christian congregations

How it operates

Makes grants to individuals
Makes grants to organisations
Provides services

Where it operates

Enfield, Haringey, Redbridge, Zambia,

Who it helps

Children/Young People
Elderly/Old People
Other Charities Or Voluntary Bodies
The General Public/Mankind

Who supports them? ?

Donations from Grant Makers ?

We have details on the following donations. Multi-year donations are allocated to the years for which they are earmarked.

Major supporters in last 5 years

The London Community Foundation	£9,220
Co-Operative Group	£6,028
Masonic Trust	£1,000

Specific Donations

Amount	When Months	To be used for
Co-Operative Group - Grant to North Enfield Foodbank
£2,248	22/10/2022	Our goal is to provide emergency food and support to those in our community facing sudden crisis. Each parcel will contain nutritionally balanced healthy food, along with essential toiletries.
Masonic Trust - MCF Matched Funding
£1,000	07/12/2021	Unrestricted matched funding in partnership with the local masonic province
Co-Operative Group - Grant to North Enfield Foodbank
£3,780	23/10/2021	We want to provide free new school uniforms for families in hardship who are struggling to purchase uniforms for their children. We will be working with schools in identifying the children in need.
The London Community Foundation - Grant to North Enfield FoodBank
£9,220	21/05/2020	This funding is for the running-cost of handling the over 168% increased demand for our services. We need the fund to ensure: -Continual availability of food -Foodbank operates 6-days a week instead of our usual 3-days to handle the increase ....more This funding is for the running-cost of handling the over 168% increased demand for our services. We need the fund to ensure: -Continual availability of food -Foodbank operates 6-days a week instead of our usual 3-days to handle the increase -Maintaining and expanding our new home-delivery service to the most vulnerable.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (5)

Current Trustees appointed

Age Range of Trustees: 38-54

DAVID PASK Appointed: 2024, Occupation: Executive Pastor

MATTHEW LEGG Appointed: 2019, Occupation: Building Contractor

OCHUKO MICHEAL ITOJE Appointed: 2020, Occupation: Business Analyst

PETERS AGHOGHO OKENABIRHIE Appointed: 2020, Occupation: Business Analyst

PHILIP OLAGUNJU Appointed: 2021, Occupation: Partner In A Corporate Finance Llp

Legal constitution

Charitable company registered in England & Wales on 06/02/2015, number: 1160372
Registered at Companies House on 28/01/2014, number: 08864205

Gift Aid

Registered with HMRC for Gift Aid

Event History

18/12/2018 - Asset transfer in from KINGS CHURCH ILFORD TRUST
18/12/2018 - Asset transfer in from KING'S CHURCH ENFIELD

Policies in force

Bullying and harassment policy and procedures
Complaints handling
Complaints policy and procedures
Conflicting interests
Engaging external speakers at charity events policy and procedures
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Investing charity funds policy and procedures
Investment
Paying staff
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Serious incident reporting policy and procedures
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures
Volunteer management

Filing Record

8 returns made; AR23: 55 days late, AR22: 59 days late, AR21: 8 days late,

Main office

2 LUMINA WAY
ENFIELD
MIDDLESEX
ENFIELD
EN1 1FS

Objectives

THE CHARITY'S OBJECTS WHICH ARE FOR THE PUBLIC BENEFIT ARE TO:-1.ADVANCE THE CHRISTIAN FAITH WORLDWIDE.2.TO ASSIST PERSONS WHO ARE IN CONDITIONS OF NEED, HARDSHIP OR WHO ARE SICK.3.TO ADVANCE EDUCATION WHETHER OF CHILDREN OR ADULTS.4.TO PROMOTE AND FULFIL SUCH OTHER CHARITABLE PURPOSES AS THE TRUSTEES SHALL THINK FIT.

Data Sources

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