KING'S CHURCH ENFIELD

Charity number: 1060644
Removed charity

Charity overview

Activities - how the charity spends its money

1. To advance the Christian Religion. 2. Conferences to train and equip the wider church 3. Sponsor members on training courses/Year Teams. 4. Continuance of support to Overseas ministries in Africa and other Worldwide ministries as appropriate. 5. Involvement in local Community Care projects.

Income and expenditure

Data for financial year ending 31 March 2017

Total income:
£2,167,943

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Donations and legacies £2.13m
Charitable activities £7.83k
Other trading activities £0
Investments £13.58k
Other £16.64k

Total expenditure:
£1,574,341

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Raising funds £0
Charitable activities £1.46m
Other £0

£0 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £113.04k
Charitable expenditure £1.46m
Retained for future use £593.60k

Fundraising

This charity raises funds from the public but does not work with commercial participators.

Trading

This charity does not have any trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • General Charitable Purposes
  • Education/training
  • The Prevention Or Relief Of Poverty
  • Overseas Aid/famine Relief
  • Religious Activities
  • Other Charitable Purposes
Who the charity helps:
  • Children/young People
  • Elderly/old People
  • Other Charities Or Voluntary Bodies
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Individuals
  • Makes Grants To Organisations
  • Provides Other Finance
  • Provides Human Resources
  • Provides Services
  • Other Charitable Activities
Where the charity operates:
  • Throughout London
  • Zambia
  • Zimbabwe

Governance

Registration history:
  • 10 February 1997: Standard registration
  • 18 December 2018: Removed (Amalgamated)
  • 18 December 2018: Funds transferred to 1160372 JUBILEE CHURCH LONDON
Organisation type:
Trust
Other names:
  • JUBILEE CHURCH - LEE VALLEY (Working name)
  • JUBILEE CHURCH LONDON (Working name)
  • NORTH ENFIELD FOOD BANK (Working name)
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Complaints handling
  • Conflicting interests
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
  • Volunteer management
Land and property:
This charity owns and/or leases land or property

Financial history

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Financial period end date

Income / Expenditure 31/03/2013 31/03/2014 31/03/2015 31/03/2016 31/03/2017
Total gross income £1.05m £1.21m £1.70m £2.10m £2.17m
Total expenditure £703.94k £882.44k £1.19m £1.52m £1.57m
Income from government contracts N/A N/A £0 £0 £0
Income from government grants N/A N/A £0 £0 £0
Income - Donations and legacies £1.03m £1.18m £1.66m £2.08m £2.13m
Income - Other trading activities £2.01k £2.60k £6.86k £0 £0
Income - Charitable activities £3.14k £7.15k £8.17k £5.62k £7.83k
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £15.18k £12.87k £24.99k £13.70k £13.58k
Income - Other £573 £1.60k £3.60k £4.36k £16.64k
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £698.78k £876.98k £1.18m £1.41m £1.46m
Expenditure - Raising funds N/A N/A N/A £116.46k £113.04k
Expenditure - Governance £5.17k £5.46k £9.22k £49.25k £15.63k
Expenditure - Grants institution £27.27k £0 £0 £82.62k £148.81k
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/03/2013 31/03/2014 31/03/2015 31/03/2016 31/03/2017
Own use assets £11.59k £7.81k £2.23m £3.90m £4.12m
Long-term investments £0 £0 £0 £0 £0
Other assets £1.03m £1.36m £1.68m £1.50m £2.06m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £41.51k £52.47k £113.11k £1.03m £977.07k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 March 2018 Not submitted
Accounts and TAR 31 March 2018 Not submitted
Annual return 31 March 2017 10 January 2018 On Time
Accounts and TAR 31 March 2017 09 January 2018 On Time
Annual return 31 March 2016 31 January 2017 On Time
Accounts and TAR 31 March 2016 31 January 2017 On Time
Annual return 31 March 2015 31 January 2016 On Time
Accounts and TAR 31 March 2015 31 January 2016 On Time

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

TRUST DEED DATED 6TH DECEMBER 1996

Charitable objects

(A) TO ADVANCE THE CHRISTIAN RELIGION TO PROCLAIM AND FURTHER THE GOSPEL OF GOD AND HIS SON THE LORD JESUS CHRIST AND BY PREACHING AND TEACHING THE CHRISTIAN FAITH. (B) TO PROVIDE ASSISTANCE FOR AGED PERSONS AND PERSONS IN CONDITIONS OF NEED HARDSHIP OR WHO ARE SICK AND TO RELIEVE THE DISTRESS ARISING THEREFROM WHETHER IN CONNECTION WITH HOUSING OR ACCOMMODATION OR SHELTER OR ANY OTHER PURPOSE (WHETHER BY WAY OF LOAN GIFT THE PROVISION OF ACCOMMODATION OR SHELTER OR IN ANY OTHER WAY). (C) TO ADVANCE EDUCATION WHETHER OF CHILDREN (ABOVE OR BELOW COMPULSORY SCHOOL AGE) OR OF ADULTS. (D) TO PROMOTE AND FULFIL SUCH OTHER CHARITABLE PURPOSES AS THE TRUSTEES SHALL THINK FIT

Area of benefit

The area the charity can operate in, as set out in its governing document.

NOT DEFINED IN PRACTICE GREATER LONDON