## **ANNUAL REPORT AND STATEMENT OF ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2021**
# **GATEWAY CHURCH LEYTON**
**CHARITY REGISTRATION NUMBER: 1051913**
Independent Examiners Ltd Unit 2 The Broadbridge Business Centre Delling Lane Bosham PO18 8NF
1
## **GATEWAY CHURCH LEYTON**
## **CONTENTS**
|Page 3|Legal and Administrative Information|
|---|---|
|Page 4|Independent Examiner's Report on the Accounts|
|Pages 5|Trustees' Report|
|Page 6|Statement of Receipts and Payments|
|Page 7|Statement of Assets and Liabilities|
|Pages 8 to 11|Notes to the Accounts|
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## **GATEWAY CHURCH LEYTON**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
**CHARITY NUMBER** 1051913 **START OF FINANCIAL YEAR** 1st April 2020 **END OF FINANCIAL YEAR** 31st March 2021 **LEGAL STATUS** Unincorporated Charity **TRUSTEES AT 31ST MARCH 2021** Amarh Amartey (Chair) Ruth Amartey John Chamberlain Ian Drake (Treasurer)Resigned 17.1.21 David How
The existing trustees appoint any new trustees following the provisions laid out in the Charity's governing instrument.
## **GOVERNING INSTRUMENT**
Trust Deed Dated 21st November 1995, amended by Deed of Variation on 2nd December 2015.
## **OBJECTS**
**a)** To advance the Christian faith in accordance with the statement of beliefs appearing in the schedule hereto in the London borough of Waltham Forest and in such other parts of the United Kingdom or the World as the trustees may from time to time think fit. **b)** To relieve persons who are in conditions of need or hardship or who are aged or sick and to relieve the distress caused thereby in the said London borough and in such other parts of the United Kingdom or the World as the trustees may from time to time think fit. **c)** To promote and fulfil such other charitable purposes beneficial to the community in the said London borough and in such other parts of the United Kingdom or the World as the trustees may from time to time think fit.
**CORRESPONDENCE ADDRESS** 136 Essex Road Leyton London E10 6BS **PRIMARY BANKERS** HSBC Bank Plc 20-21 Electric Parade George Lane South Woodford London E18 2LX **INDEPENDENT EXAMINER** K Gomes Independent Examiners Ltd Unit 2 The Broadbridge Business Centre Delling Lane Bosham PO18 8NF
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## **INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS**
Report to the trustees/ members of Gateway Church Leyton on the accounts for the year ended 31st March 2021 set out on pages 6 to 11.
## **Responsibilities and basis of report**
As the charity’s trustees of the charitable company (who are also the directors of the company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).
Having satisfied myself that the accounts of the charitable company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act”). In carrying out my examination, I have followed the Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention which gives me cause to believe that:
- accounting records were not kept in accordance with section 386 of the Companies Act 2006; or
- the accounts do not accord with such records; or
• the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination; or
- the accounts have not been prepared in accordance with the Charities SORP (FRS102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed
Name K Gomes MAAT
Date 31.1.22
Independent Examiners Ltd Unit 2 The Broadbridge Business Centre Delling Lane Bosham PO18 8NF
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## **GATEWAY CHURCH LEYTON**
## **TRUSTEES REPORT**
## **FOR THE YEAR ENDED 31ST MARCH 2021**
**Correspondence address:** 136 Essex Road, London E10 6BS
## **Trustees:**
Acting for the whole year: Amarh Amartey (Chair of trustees), Ruth Amartey, David How, John Chamberlain, Ian Drake (Treasurer) resigned 21.1.21.
Gateway Church Leyton is a charitable trust. The governing document is a Trust Deed dated 11/1/1996, amended by Deed of Variation on 2/12/2015. New trustees are identified and appointed by the existing trustees.
The charity is financially dependent on the voluntary support of its church members. The Church Leadership Team is responsible for making decisions concerning the day to day running and finances of the church. It currently does not employ salaried staff.
## **Summary of objects as set out in the governing document:**
- To advance the Christian faith.
- To relieve persons who are in conditions of need or hardship.
- To promote other charitable purposes beneficial to the community.
The Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake.
## **Summary of the main activities to further the trust’s charitable purposes for public benefit:**
● Regular financial support to other Christian organisations working at locally & overseas in accordance with the objectives of the Trust. Majors grants to Love in Action for essential security fencing for the schools and to Noors ministries for solar panels to provide an electricity supply to the schools.
- ●We have continued to regularly support Noah Mayiga who is working full time in Masaka, Uganda for the UK based charity Love in Action, which provides education and support for local children.
●The emergency winter Night Shelter ran again last year in local churches to cater for homeless people in the area with the practical and financial support of church members. We also give regular support to the local Food Bank and to the Christian Kitchen van which provides meals every evening to those in acute need in the Borough.
Our web site, www.gatewaychurchleyton.org, is updated regularly to provide information about the church, recordings of talks & seminars, together with notices of future events.
- ●In view of the continuing high level of unrestricted funds, we anticipate that in the next financial year we shall give further substantial financial support for various projects in accordance with the objectives of the Trust.
The Trustees are confident that adequate assets are available to fulfil the existing obligations of the trust.
## **Trustees Responsibilities**
The Charities Act 2011 require 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 and of the surplus of the trust for that period. In preparing those financial statements the trustees are required to:
- Select suitable accounting policies and apply them consistently
- Make judgements and estimates that are reasonable and prudent
· Prepare financial statements on the going concern basis unless it is inappropriate to presume that the trust will continue in existence.
The trustees are responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the trust. They are also responsible for safeguarding the assets of the trust and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the Trustees on,…………………………………………………
Signed on their behalf by Trustee, ………………………………………………………………………
Printed Name: Amarh Amartey
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## **GATEWAY CHURCH LEYTON**
## **STATEMENT OF RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 31ST MARCH 2021**
|**Notes**
**RECEIPTS :**
Donations & Legacies
**2a**
Charitable Activities
**2b**
Investment Income
**2c**
**TOTAL RECEIPTS**
**PAYMENTS :**
Costs of Charitable Activities
**3a**
Governance Costs
**3b**
**TOTAL PAYMENTS**
**NET INCOMING/(OUTGOING) RESOURCES**
Balances Brought Forward
**BALANCES CARRIED FORWARD**|Unrestricted
Restricted
**Total**
**Total**
Funds
Funds
**2020/21**
**2019/20**
£
£
**£**
**£**
36,236
2,965
39,201
27,723
-
-
-
30
26
-
26
138|
|---|---|
||**36,262**
**2,965**
**39,227**
**27,892**|
||23,727
2,945
26,672
26,855
-
-
-
780|
||**23,727**
**2,945**
**26,672**
**27,635**|
|||
||**12,535**
**20**
**12,555**
**256**
22,247
160
22,407
22,151|
||**34,782**
**180**
**34,962**
**22,407**|
All of the Charity's operations are classed as continuing operations.
6
## **GATEWAY CHURCH LEYTON**
## **STATEMENT OF ASSETS AND LIABILITIES FOR THE YEAR ENDED 31ST MARCH 2021**
## Unrestricted Restricted **Total Total ASSETS** Fund Fund **31-Mar-21 31-Mar-20** £ £ **£ £**
**Cash Funds:**
|HSBC Current Account
HSBC Deposit Account
Santander Deposit Account
Cash in Hand
**Represented By:**
General Funds
Restricted Funds
**Assets retained for the Charity's own use:**
Church Equipment
**LIABILITIES**
Independent Examiners Fee|20,085
180
20,265
7,736
3,580
-
3,580
3,579
11,117
11,117
11,093
-
-
-
-|
|---|---|
||**34,782**
**180**
**34,962**
**22,407**|
||34,782
-
34,782
22,247
-
180
180
160|
||**34,782**
**180**
**34,962**
**22,407**|
||
23,124
-
23,124
23,124
660
-
660
600|
||**660**
**-**
**660**
**600**|
## **TRUSTEES RESPONSIBILITIES IN RELATION TO FINANCIAL STATEMENTS**
Charity Law requires the Trustees to prepare financial statements for each financial year which comply with the regulations set out in the Charities Act 2011. The Trustees have elected to take advantage of the provisions that apply to small charities and have prepared a receipts & payments account and statement of assets & liabilities set out on pages 6 and 7.
Approved by the Trustees on,………………………………………………
Signed on their behalf by Trustee, …………………………………………………………………………………………………………………………………………
Printed Name: Amarh Amartey
7
## **GATEWAY CHURCH LEYTON**
## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2021**
## **1. BASIS OF ACCOUNTING**
The accounts have been prepared under the “Receipts and Payments” basis as prescribed by the Charity Commissioners and the accounts meet the appropriate legal requirements.
## **2. RECEIPTS**
|Note
**a) Donations & Legacies**
GASDS Donations
**4**
Gift Aid Donations
**4**
Income Tax Recovered
**4**
Non Gift Aid donations
**4**
**b) Charitable Activities**
Direct Throughput
**c) Investment Income**
Bank Interest|Unrestricted
Restricted
**Total**
**Total**
Funds
Funds
**2020/21**
**2019/20**
£
£
**£**
**£**
385
470
855
2,515
22,186
2,150
24,336
20,327
8,029
8,029
-
5,637
345
5,982
4,881|
|---|---|
||**36,236**
**2,965**
**39,201**
**27,723**|
||-
-
-
30|
||**-**
**-**
**-**
**30**|
||26
-
26
138|
||**26**
**-**
**26**
**138**|
8
## **GATEWAY CHURCH LEYTON**
## **NOTES TO THE ACCOUNTS (continued) FOR THE YEAR ENDED 31ST MARCH 2021**
## **3. PAYMENTS**
|**3. PAYMENTS**||
|---|---|
|Note
**a) Costs of Charitable Activities**
Bank Charges
Capital Purchases
Church Functions
Direct Throughput
**Gifts to Organisations:**
Corner Stone
Christian Kitchen
Christians Against Poverty
Elim Food Bank
Evangelical Alliance
Ichthus Christian Fellowship
International Health Partners
Love in Action
EFGA Leytonstone Food Bank
Open Doors
Noor Ministries Covid 19 Support
T.E.N. - Harvest
Transform Europe Now - Romania
**4**
Waltham Forest Youth for Christ
Worth Unlimited
**4**
**Gifts to Individual Ministries:**
A & B Went - Love in Action
Noah Mayiga - Uganda
**4**
S Iqbal
Paul & Lucy Lennard - China
**4**
T & A Waris - OM Pakistan
Fellowship Fund
**4**
D How
R Plute Pathway
Hall Rent
Insurance & Subscriptions
Music & Worship
Speakers Expenses
Sundry Expenses
Training & Personal Ministry
Youth & Children's Work
**b) Governance Costs**
Independent Examiners Fee|Unrestricted
Restricted
**Total**
**Total**
Funds
Funds
**2020/21**
**2019/20**
£
£
**£**
**£**
123
-
123
140
-
-
-
265
-
265
788
-
-
-
39
-
-
-
-
600
-
600
-
-
-
-
300
-
-
-
300
-
-
-
300
200
-
200
-
1,400
-
1,400
900
1,800
-
1,800
-
2,300
-
2,300
-
2,900
2,900
-
-
-
30
800
-
800
-
1,905
2,695
4,600
2,144
-
-
-
600
600
-
600
300
300
300
300
-
-
100
-
100
-
1,900
-
1,900
2,000
-
-
-
200
650
-
650
-
300
250
550
-
-
-
288
293
293
-
450
450
-
2,412
-
2,412
12,578
365
-
365
404
80
-
80
242
2,995
-
2,995
2,465
120
-
120
303
780
-
780
1,853
90
-
90
381|
||**23,727**
**2,945**
**26,672**
**26,855**|
||-
-
-
780
-|
||**-**
**-**
**-**
**780**|
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## **GATEWAY CHURCH LEYTON**
## **NOTES TO THE ACCOUNTS (continued) FOR THE YEAR ENDED 31ST MARCH 2021**
## **4. RESTRICTED FUNDS**
## **CURRENT FINANCIAL YEAR**
|Church Fellowship Fund
Mayiga
TEN - Harvest
T & A Waris - OM Pakistan
Open Doors
**PREVIOUS FINANCIAL YEAR**
Church Fellowship Fund
Mayiga
Ten Harvest
Worth Unlimited
Open Doors|**Balance**
**Balance**
**01-Apr-20**
Income
Expenditure
**31-Mar-21**
£
£
£
£
70
-
70
90
20
110
-
2,695
2,695
-
-
250
250
-
-
-|
|---|---|
||**160**
**2,965**
**2,945**
**180**|
||**Balance**
**Balance**
**01-Apr-19**
Income
Expenditure
**31-Mar-20**
£
£
£
£
70
0
70
90
520
520
90
-
1,894
1,894
0
225
-
225
-
0
30
30
0|
||**65**
**-**
**2,669**
**2,444**
**160**|
**Church Fellowship Fund** : Non Gift Aid.
**Mayiga:** Noah Mayiga working for Love in Action Uganda.
**Eurovangelism:** Aid to Eastern European Countries.
The restricted funds are wholly represented by the Charity's cash reserves and are to be expended as specified above.
## **5. PAYMENTS TO TRUSTEES**
No payments were made to trustees or any persons connected with them during this financial period. No other material transaction took place between the organisation and a trustee or any person connected with them. (2019/20:None)
## **6. RISK ASSESSMENT**
The Trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated, combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The Trustees have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks.
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## **GATEWAY CHURCH LEYTON**
## **NOTES TO THE ACCOUNTS (continued) FOR THE YEAR ENDED 31ST MARCH 2021**
## **7. RESERVES POLICY**
The Trustees have considered the level of reserves they wish to retain, appropriate to the charity's needs. This is based on the charity's size and the level of financial commitments held. The Trustees aim to ensure the charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The Trustees will endeavour not to set aside funds unnecessarily.
## **8. PUBLIC BENEFIT**
The charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the charity has achieved this are provided in the Trustees report. The Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake.
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