JUBILEE RESOURCE HUB
Our aim is to act as an umbrella under which charities can work together to aid transformation and regeneration of local communities in the Maidstone area. As a Charity Resource Centre and Business Incubator, we will provide meeting rooms, lecture halls and office space with integrated services.
Objects
(A) TO IMPROVE THE EFFECTIVENESS, EFFICIENCY AND ECONOMY OF THE ADMINISTRATION OF CHARITIES AND IN PARTICULAR BUT WITHOUT PREJUDICING THE GENERALITY OF THE FOREGOING TO PROVIDE MEETING ROOMS, LECTURE HALLS AND OFFICE SPACE WITH INTEGRATED SERVICES TO SUCH CHARITIES; (B) THE PROMOTION OF INDUSTRY AND COMMERCE BY PROVIDING BUSINESS INCUBATION UNITS FOR START-UP BUSINESSES AND MAKING AVAILABLE MEETING ROOMS AND OFFICE SPACE WITH INTEGRATED SERVICES TO SUCH START-UP BUSINESSES;(C) THE ADVANCEMENT OF KNOWLEDGE AND EDUCATION IN ALL ASPECTS OF EFFECTIVE SMALL BUSINESS MANAGEMENT, SMALL BUSINESS SUPPORT AND WORKSPACE MANAGEMENT AND ITS PUBLIC DISSEMINATION THROUGH RESEARCH AND TRAINING IN ITS THEORY AND PRACTICAL APPLICATION THROUGH WORK EXPERIENCE THROUGH ITS OPERATION AND THROUGH GENERAL PUBLICATION;(D) TO SUPPORT SUCH CHARITY OR CHARITIES OR SUCH CHARITABLE PURPOSES AS THE TRUSTEES IN THEIR ABSOLUTE DISCRETION THINK FIT.
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds total £1,911,700, which exceeds the trustees' stated policy target of three months of unrestricted charitable expenditure. The charity reports a net asset position of £1,911,700 and confirms adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“The Trustees aim to maintain free reserves in unrestricted funds at a level which equates to approximately three months of unrestricted charitable expenditure and provision for building repairs and maintenance.” — page 5
Policies the charity declares
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Risk management
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Property (HM Land Registry)
Trustees
- Marcel Jung
- Neil Pattison
- Oluwasijibomi Otenigbagbe
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2025 | £386k | £25k |
| 30/04/2024 | £141k | £54k |
| 30/04/2023 | £234k | £42k |
| 30/04/2022 | £190k | £50k |
| 30/04/2021 | £225k | £68k |
Common questions
Is JUBILEE RESOURCE HUB financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds total £1,911,700, which exceeds the trustees' stated policy target of three months of unrestricted charitable expenditure. The charity reports a net asset position of £1,911,700 and confirms adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CHRIST CENTRAL CHURCHES WORLDWIDE | 1 | £82k |
| CONGREGATIONAL AND GENERAL CHARITABLE TRUST | 1 | £20k |
| GODFIRST CHURCH CHELTENHAM | 1 | £1k |
| LIONS CLUB OF MAIDENHEAD CIO | 1 | £400 |
Charities like this
- LUPSET JUBILEE HALL COMMUNITY CENTRE
- JUBILEE CHURCH MAIDSTONE
- JUBILEE CHURCH TEESSIDE
- JUBILEE PRIESTHOOD CENTRE
- MAIDSTONE COMMUNITY SUPPORT CENTRE
- JUBILEE CHURCH DERBY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| JUBILEE RESOURCE HUB | £386k | — | 0 | unclear | — | no doubt |
| LUPSET JUBILEE HALL COMMUNITY CENTRE | £175k | — | 0 | unclear | — | no doubt |
| JUBILEE CHURCH MAIDSTONE | £342k | — | 0 | above | — | no doubt |
| JUBILEE CHURCH TEESSIDE | £286k | — | 0 | above | — | no doubt |
| JUBILEE PRIESTHOOD CENTRE | £207k | — | 0 | unclear | — | no doubt |
| MAIDSTONE COMMUNITY SUPPORT CENTRE | £386k | — | 0 | unclear | — | no doubt |