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2021-06-30-accounts

Gateway People’s Centre

Report and Financial Statements

Year Ended 30[th] June 2021 Charity Number: 1054333

Gateway People’s Centre
Contents
Page
Legal and administrative information 1
Report of the trustees 2 - 3
Report of the independent examiner 4
Statement of financial activities 5
Balance Sheet
6
Notes forming part of the financial statements 7 - 12

Gateway People’s Centre

Legal and administrative information

Trustees (as at 30[th] June 2021)

Mrs Jacintah Ngobese

Mr Steve Trott

Mrs Adekemi Oni

Mr Oladiran Obebe

Principal office

2 High Street Stanford Le Hope Essex SS17 0EY Tel: 01375 460 164 Email: Office@gpconline.org.uk

Website address www.gpconline.org.uk

Registered charity number 1054333

Independent examiner

Luke Silver Accountancy and Taxation Services 12 Oliver Street Pontypridd Mid Glamorgan CF37 2RD

Bankers

Barclays Bank plc Barclays Business Centre Grays Branch 9 High Street Grays Essex RM17 6NL

Page 1

Gateway People’s Centre

Report of the trustees for the year ended 30[th] June 2021

The trustees present their report along with the financial statements of the charity for the year ended 30[th] June 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)

Constitution and objects

Gateway People’s Centre is an Assemblies of God Church and is constituted under the Assemblies Of God Model Constitution adopted 11[th] July 1993 and is a registered charity number 1054333.

The objects of the charity are the promotion of the Christian faith based on sound scriptures and to reach the world for Jesus Christ. The motto of the charity is “ A PLACE OF LOVE IN A TROUBLED WORLD”. The charity is seeking to make a positive impact upon the borough of Thurrock, by becoming a Thurrock wide family centre where all are welcome, and where individuals and families can grow and flourish in faith and discover God’s plan for their lives.

Organisation

The trustees who have served during the year and since the year end are set out on page 1.

Core activities

Sunday morning service – our Sunday morning service begins with joyous songs of praise, with prayers and worship by the entire congregation as we minister to our God. Worship is more than singing songs during our Sunday service. Worship is a lifestyle that reflects God’s heart and love. Worship directs our thoughts and our action bringing to fruition an attitude of service for our Lord Jesus Christ! During our Sunday morning service, we pray for the sick, comfort the hurting and sorrowful, encourage the weak and weary, reach out in love to those who need the touch of a friend. Our congregation comprised people from all walks of life and nationalities. There are altogether more than twenty different nationalities attending our Sunday service, making the charity a truly multinational church. Meetings will continue during the pandemic lockdown via ZOOM.

Midweek group meetings – such meetings are to provide additional support and teaching for the church body. There are also ample opportunities for fellowship. The main purpose of your group meetings is to foster and promote the spirit of individual support of one another. Activities during such meetings include themed bible studies, group prayers and obviously fellowship. The intention is to have a first century church atmosphere. Meetings will continue during the pandemic lockdown via ZOOM.

Page 2

Gateway People’s Centre

One Way Kidz (pre secondary school age) – provides children with the opportunity to explore and discuss the bible in age directed classes. Children are free to express themselves in times of praise and worship. All volunteers involved in children’s work have been subjected to checks carried out by the Disclosure and Barring Service and our child protection policy encompasses the following principles:-

Meetings will continue during the pandemic lockdown via ZOOM.

Younger youth - the younger youth comprise children attending secondary schools between the ages of eleven and sixteen. Meetings are held 2 to 3 times a month. Fortnightly Zoom meetings on Sunday evenings are the norm. The aim of the group is to learn about Jesus Christ from the bible and help children grow their faith by learning about stories and concepts in the bible. The main aim is to inspire and instruct younger youths to grow spiritually in the Christian faith and display Godly attributes of love, joy, peace, forgiveness, kindness etc in their lives. Each session is run by a teacher and an assistant who are DBS checked. Social events like going to the cinema, baking and so on are quite common although these have been put on hold since the Covid-19 pandemic and all activities will continue via ZOOM.

Youth Group (YG) – this group is attended by the older youths, namely the A-level students to university undergraduates. The group shares many common themes and activities with the younger youth with the main aim of providing the “older” youth the opportunity to study, learn and discuss the bible and life topics in a Christian context. The life pressures facing “older youths” today are immense and the group hopes to help “older” youth to make the transition to mature Christian adulthood.

Community clothing – we are extremely proud of the work we do at our clothing bank. Run by a small but dedicated team of volunteers, it has made a real and significant impact on the community here. Our clothing bank is truly an example of love in action. We are extremely grateful that the majority of items received from local residents have been high quality and hardly used items that we have been able to distribute to residents in need. We are also extremely grateful for contributions of clothing from some very well know high street names. Reuse and recycle with us to protect the environment, while helping us transform lives

Page 3

Gateway People’s Centre

Financial Review

The funding for the pursuit of the charity’s objects and activities is through tithes from its congregation and some occasional and incidental fund raising activities. In the year under review, income resources exceeded resources expended resulting in a surplus as set out in the accounts on pages 5 to 12.

Reserves policy

The trustees have established a policy to maintain unrestricted funds, which are the free reserves of the charity, at a level which equates to approximately two years unrestricted expenditure, which equates to £50,000 in general fund. At this level, the trustees feel that they should be able to continue the current activities of the charity in the event of a significant drop in funding. Unrestricted funds were maintained at this level during the year under review. The trustees are reviewing this policy in the wake of the Covid-19 pandemic

Risk Management

The trustees have examined the major strategic, business and operational risks which the charity faces and confirms that systems have been established to enable regular reports to be produced so that the necessary steps can be taken to lessen these risks. These systems and procedures are periodically reviewed to ensure that they still meet the needs of the charity. The trustees are reviewing this policy in the wake of the Covid-19 pandemic

Trustees’ responsibilities in relation to the financial statements

The law applicable to charities in England Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provision of the trust deed requires the trustees to prepare the financial statements for each financial year which give a true and fair view of the state affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by the trustees and signed on their behalf by:

Jacintah Ngobese

10[th] April 2022

Page 4

Gateway People's Centre Independent Examiner's Report on the Accounts Accruals Accounts Rèport to iho tru$t••$lmombèr• of Go¢oway P•oplo'• Church Roglst•red Charlty Number 1054333 Ih On th• account• for th• y•ar •nd0d 30 Jun• 2021 Sot out on tho following paga8 R••p•ctlv• r••pon•ibiliti•• of tru•tw• and •xamin•r The charrty's trustees are responsible for the preparation of the accounts. The charty's trustees consider that an audit is not required for this year urider sects.on 144121 of the Charities A¢1 2011 Ilhe 2011 Actl and that an Independent examin8tlon is needed It is my responsiblllty to: examine the accounts under section 145 01 the 2011 Act". follow the procedures laid (k)wn in Ihe General Directions given by the Charity Cornmisslon under section 14515Kbl of the 2011 Act.. and stale whether particular matters havo come to my art8nlx>n. Ba•1• of Ind•p•ndent examln•r'• report My examinalion was carried out in accordance wth the General Directions given by the Charity Commlssioners. An examination indudes a review 01 the accounting records kept by lh* ¢h8nty and 8 companson of the accounts presente¢J wrth those re¢ords. It also Includes consideration of any unusual Items or disclosures In the accounts. 8nd seeklng explanations from you as trustees concerning any such mattels. The piocedures undertakèn do not provide all the evidence that would be require(l in an audit. and consequently no opinion is given as to whether the accounts present a 'true and fair view. and the report is limrted to Ihose matters sel out In the statemenl below. Indopondoni ox•mln•r'• •iatomo111 In connection wrth my examination. no matter has come to my attention" (11 whKh glves me reasonable cause to bgligve that In any material rgw the requirernents To keep accounting records in accordance 5eclon 130 of the 2011 Act." and To prepare accounts which accord with the accounling rècords and io comply ￿th the accounting requirements of the 2011 Act Have not been met", or 121 to which. In my opinlon, attention shoukl ￿ drawn In order to enable 8 proper understan¢Jing of the accounts to be reached. Slgngd L A Silw- Dat•: S April 2022 Luke Silver. HNC Business 8 Finance Accountancy 8 Taxation Services 12 Ollver Street. Pontypfidd, Mld GÈamorgan. CF37 2RD Page 5

Gateway People’s Centre

Statement of Financial Activities for the year ended 30[th] June 2021

Unrestricted

Funds
Notes
£
Incoming resources
Donations
2
30,536
Activities to further the charity's objects:
Conference and evangelism
-
Income from activities for generating funds
3
-
Investment income and interest
4
23,505
Total incoming resources
54,041
Resources expended
Charitable expenditure
Costs of activities for charitable objectives
5
2,224
Support costs
6
33,950
Management and administration
7
2,325
Total resources expended
38,498
Net incoming resources/
(resources expended)
8
15,543
Transfer between funds
(7,100)
Balance at 1 July 2020
796,442
Balance at 30 June 2021
15
804,885
Designated
Funds
-
-
-
-
-
-
-
-
-
-
-
-
-
Restricted
Funds
£
100
-
-
-
100
7,250
-
-
7,250
(7,150)
7,100
3,050
3,000
Total
Total
Funds
Funds
2021
2020
£
£
30,636
43,408
-
-
-
-
23,505
21,825
54,141
65,233
9,474
31,298
33,950
30,903
2,325
1,484
45,748
63,685
8,393
1,548
-
-
797,944
797,944
807,885
799,492

Movement in funds are disclosed in Note 16 to the financial statements on page 11

Page 6

Gateway People’s Centre

Balance Sheet as at 30 June 2021

Notes
Fixed assets
Tangible fixed assets
11
Current assets
Debtors
12
Cash at bank and in hand
Creditors: amounts falling due
within one year
13
Net assets
14
Unrestricted funds
Designated funds
General funds
Restricted funds
15
2020
£
£
£
747,324
749,579
15,194
18,439
46,186
34,182
61,381
52,621
819
2,708
60,561
49,913
807,885
799,492
-
-
804,885
796,442
804,885
796,442
3,000
3,050
807,885
799,492
2021

Approved by the trustees on 10th April 2022 and signed on their behalf by:

Mrs J Ngobese

Page 7

Gateway People’s Centre

Notes forming part of the financial statements For the year ended 30[th] June 2021

1. Accounting policies

(a) Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS102) ‘Accounting and Reporting by Charities: Statement of Recommend Practice applicable to charities preparing their accounts in according with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)’, Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable to the UK and Republic or Ireland’ and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, as modified by the revaluation of certain assets.

(b) Income

Voluntary income is received by way of donations, offerings and gifts and is included in the Statement of Financial Activities when receivable. The value of services provided by volunteers has not been included.

Income resources from other activities are included when receivable.

Resources expended are recognised in the period in which they are incurred. Resources expended include attributable VAT which cannot be recovered.

Resources expended are allocated to the particular activity where the cost relates directly to that activity.

(d) Tangible fixed assets and depreciation

Depreciation is provided at rates calculated to write off the cost of each asset over its expected useful life, which in all cases other than freehold and leasehold properties is estimated at 5 years.

(e) Unrestricted funds

Unrestricted funds are donations and other incoming resources receivable or generated for the objects of the charity without further specified purpose and are available as general funds.

(f) Designated funds

Designated funds are unrestricted funds earmarked by the trustees for particular purposes. Designated funds may be use in the future by the trustees for any purpose.

(g) Restricted funds

Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund

(h) Taxation

The charity is exempt from tax on its charitable activities.

(i) Pension costs and other post-retirement benefits

The charity operates a defined contribution pension scheme. Contributions payable to the charity’s pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Page 8

Gateway People’s Centre

Notes forming part of the financial statements For the year ended 30[th] June 2021

2. Donations

2021 2020
£ £
Donations and offerings for general purposes 30,536 40,408
Donation received for carpet - 3,000
30,536 43,408

3. Incoming resources from activities for generating funds

2021 2020
£ £
- -
- -
- -
- -

4. Investment income

2021 2020
£ £
Rental Income 23.500 21,600
Interest on cash deposits 5 225
23,505 21,825

Page 9

Gateway People’s Centre

Notes forming part of the financial statements For the year ended 30[th] June 2021

5. Costs of activities in furtherance of the charity’s objects

2021 2020
£ £
Sunday services 2,224 4,582
Mission support & visiting speakers 7,200 26,126
Children & youth activities- - 590
Outreach and community related activities - -
Kingdom women - -
9,474 31,298

6. Support costs of charitable activities

2021 2020
£ £
Salaries costs 10,708 7,200
Expenditure on manse 1,289 787
Expenditure on church premises 16,510 8,649
Service and communal charges and ground rent on flat 233 1,984
Printing & stationery 319 587
Postages 30
Broadband and telephone 1,135 956
Insurance 1,743 1,459
Conferences -
AOG contribution 600 600
Staff development and subsistence 350 1,044
Travel accommodation & community support 101 3,070
Bank charges 61
Professional fees 3,589
Depreciation of office equipment 962 887
33,950 30,903

7. Management and administration expenditure

2021 2020
£ £
Holding trusteeship fees 100
Letting fees 1,440 960
Children protection–safe guarding 188 128
Independent examiner’s fee 597 395
2,325 1,483

Page 10

Gateway People’s Centre

Notes forming part of the financial statements For the year ended 30[th] June 2021

8. Net incoming resources (expended) for the year

This is stated after charging

2021 2020
£ £
Independent examiner’s fee 597 395
Depreciation 2,255 3,190

9. Staff costs and numbers

Staff costs were as follows:

2021 2020
£ £
Salaries and wages 10,398 7,200
Social security & pension costs 310 -
10,708 7,200
The average weekly number of employees during the year 2021 2020
1 1

No employees received remuneration amounting to more than £50,000 in either year.

10. Trustees’ remuneration

Trustees received no remuneration (2021 - £Nil) and were not reimbursed for any of their expenses in the year (2020 - £Nil).

Page 11

Gateway People’s Centre

Notes forming part of the financial statements For the year ended 30[th] June 2021

11. Tangible fixed assets

Cost and valuation:
At 1st July 2020
Additions during the year
Disposals during the year
At 30th June 2021
Depreciation
At 1st July 2020
This year
On disposals
At 30th June 2021
Net Book Value:
At 30th June 2021
At 30th June 2020
Freehold
Leasehold
Sound &
land &
Property
PA
Office
Music
Fixtures &
buildings
Equipment
Equipment
Equipment
Fittings
Total
£
£
£
£
£
£
£
601,151
144,535
26,602
16,936
1,702
3,714
794,640
-
-
-
-
-
-
-
-
-
(16,465)
(13,831)
-
-
(30,296)
601,151
144,535
10,137
3,105
1,702
3,714
764,344
-
-
24,417
15,974
1,702
2,968
45,061
-
-
547
962
-
746
2,255
-
-
(16,465)
(13,831)
-
-
(30,296)
-
-
8,499
3,105
1,702
3,714
17,020
601,151
144,535
1,638
-
-
-
747,324
601,151
144,535
2,185
-
-
746
749,579

12. Debtors: Amounts falling due with one year

2021 2020
£ £
Other debtors 12,976 16,121
Prepayments 2,218 2,318
15,194 18,439

13. Creditors: amounts falling due within one year

2021 2020
£
Trade creditors - 2,108
Accruals and accrued income 819 1600
819 2,708

Page 12

Gateway People’s Centre

Notes forming part of the financial statements For the year ended 30[th] June 2021

14. Analysis of net assets between funds

General
Funds
Designated
Funds
Restricted
Funds
Total
Funds
£ £ £ £
Tangible fixed assets 747,324 747,324
Current assets 58,380 3,000 61,380
Current liabilities (819) (819)
Net assets at 30 June 2018 804,885 3,000 807,885

15. Movements in funds

Restricted funds:
Property
Carpet
D Jupp Memorial
Total Restricted funds
Unrestricted funds
Designated funds:
Mission, speakers &
donations
General funds
Total unrestricted funds
Total funds
At 1 July
2020
£
-
3,000
50
3,050
-
796,442
796,442
799,492
Incoming
Resources
£
-
-
-
-
100
54,041
54,041
54,041
Outgoing
Resources
£
-
(50)
(50)
(7,200)
(38,498)
(38,498)
(38,548)
At 30 June
Transfers
2021
£
£
-
-
3,000
-
-
-
3,000
7,100
-
(7,100)
804,885
(7,100)
804,885
(7,100)
807,885

Page 13