JUBILEE CHURCH CIO
Financial health, per its FY2024 accounts
The accounts state that unrestricted cash reserves of £31,300 were held at year end, which complies with the trustees' policy of maintaining no less than £30,000. Although the charity reported a net expenditure exceeding income for the year, the trustees confirmed that resources are satisfactory to continue operations in the short term.
What the accounts disclose
“Derek Holl, a trustee, was paid £37,752 [2023: £25,603] with employer pension contributions of £3,775 [2023: £2,560] during the year.” — page 10
“The trustees have determined that the charity should aim to hold unrestricted cash of no less than £30,000 (which equates to 2-3 months of unrestricted expenditure)” — page 6
“Derek Holl, a trustee, was paid £37,752 [2023: £25,603] with employer pension contributions of £3,775 [2023: £2,560] during the year.” — page 10
“Derek Holl, a trustee, was paid £37,752 [2023: £25,603] with employer pension contributions of £3,775 [2023: £2,560] during the year. These payments are permitted by the governing document.” — page 10
“Pension costs include £7,545 [2023: £7,325] paid to James Holl, who is related to Trustees Clare and Derek Holl.” — page 10
“Derek Holl, a trustee, was paid £37,752 [2023: £25,603] with employer pension contributions of £3,775 [2023: £2,560] during the year. These payments are permitted by the governing document.” — page 10
“Pension costs include £7,545 [2023: £7,325] paid to James Holl, who is related to Trustees Clare and Derek Holl.” — page 10
“The pension-in-kind liability is an estimate based on the last triennial appraisal calculating the gross liability from using mean survival periods and then discounting this value with future expected returns.” — page 9
Register events
- Received assets from another charity (06/10/2014)
Trustees
- MR BARNEY WANSTALLchair
- CLARE HOLL
- Deborah Okoro
- Derek James Holl Mr
- JONATHAN PAUL MILLS
- Rev DAVID WOOD
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £159k | £138k |
| 31/03/2024 | £119k | £145k |
| 31/03/2023 | £95k | £121k |
| 31/03/2022 | £108k | £119k |
| 31/03/2021 | £134k | £112k |
Common questions
Is JUBILEE CHURCH CIO financially healthy?
The accounts state that unrestricted cash reserves of £31,300 were held at year end, which complies with the trustees' policy of maintaining no less than £30,000. Although the charity reported a net expenditure exceeding income for the year, the trustees confirmed that resources are satisfactory to continue operations in the short term. Its FY2024 accounts were independently examined.
What does the highest-paid employee of JUBILEE CHURCH CIO earn?
Per its FY2024 accounts, the highest-paid employee was in the £30,001 - £40,000 band.
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