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2024-06-30-accounts

Gateway People’s Centre

Report and Financial Statements Year Ended 30[th] June 2024 Charity Number: 1054333

Gateway People’s Centre
Contents
Page
Legal and administrative information 1
Report of the trustees 2 - 4
Report of the independent examiner 5
Statement of financial activities 6
Balance Sheet
7
Notes forming part of the financial statements 8 - 13

Gateway People’s Centre

Legal and administrative information

Trustees (as at 30[th] June 2024)

Jacintah Ngobese

Steve Trott Adekemi Oni

Ruth Hughes

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 25 Ellicombe Close Minehead Somerset TA24 6DQ

Bankers

Metro Bank 2 East Walk Basildon Essex SS14 1HH

Page 1

Gateway People’s Centre

Report of the trustees for the year ended 30[th] June 2024

The trustees present their report along with the financial statements of the charity for the year ended 30[th] June 2024. 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.

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

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:-

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 activities.

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-known high street names. Reuse and recycle with us to protect the environment, while helping us transform lives in Thurrock.

Food bank – our centre also serves as a hub for the regional foodbank. No one in our community should have to face hunger and our team of volunteers worked hard to ensure this is not the case in providing emergency food and support to local people who have been referred to us. Our aim is to combat poverty and hunger across Thurrock.

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.

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.

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

Date: 13th April 2025

Page 4

Gateway People's Centre ndependent Examiner's Report on the Accounts Accruals Accounts Report to the tru8teeslmember8 of Gateway People'8 Church Registered Charity Number 1054333 On the accounts for the year ended 30 June 2024 Sot out on tho following pagos RgSPeCtive responsibilities of tTUStees and gxaminor The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144{2} of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to= examine the accounts under section 145 of the 2011 Act: follow the procedures laid down in the General Directions given by the Charity Commission under section 145{5){b) of the 2011 Act: and state whether particular matters have come to my attention. Basis of independent examiner's report My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of Ihe accounls presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedLJres undertaken do not provide all the evidence that would be required in an audit. and consequently no opinion is given as to whether the accounts present a 'true and fair view. and the report is limited to those matters set out in the statement below. Indepandont oxaminor's statement In Connection with my examination. no matter has come to my attenlion- (1) which gives me reasonable cause to believe Ihat in any material respect the requirements To keep accounting records in accordance with section 130 of the 2011 Act" and To prepare accounts which accord wrf(h the accounting records and to comply with Ihe accounting requirements of the 2011 Act Have not been met" or (2) to which, in my opinion. attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed L A SLl&+er Dato: 2 April 2025 Luke Silver, HNC Business & Finance Accountancy & Taxation Services 25 Ellicombe Close. Minehead. Somerset. TA24 6DQ Puge 5

Gateway People’s Centre

Statement of Financial Activities for the year ended 30[th] June 2024

Unrestricted Unrestricted Designated Restricted Total Total
Funds Funds Funds Funds Funds
2024 2023
Notes £ £ £ £
Incoming resources
Donations 2 64,364 - 8,000 72,364 36,990
Activities to further the charity's objects:
Conference and evangelism - - - - -
Income from activities for generating funds 3 1,336 - - 1,336 1,634
Investment income and interest 4 27,834 - - 27,834 27,025
Total incoming resources 93,534 - 8,000 101,534 65,649
Resources expended
Charitable expenditure
Costs of activities for charitable objectives 5 4,243 2,310 - 6,553 9,413
Support costs 6 39,567 - 13,790 53,357 27,587
Management and administration 7 1,840 - - 1,840 1,882
Total resources expended 45,650 2,310 13,790 61,750 38,882
Net incoming resources/
(resources expended) 8 47,884 (2,310) (5,790) 39,784 26,767
Transfer between funds (4,672) 1,882 2,790 - -
Balance at 1 July 2023 855,563 428 3,000 832,224 832,224
Balance at 30 June 2024 15 898,775 - - 898,775 858,991

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 2024

2024 2023
£ £ £
Notes
Fixed assets
Tangible fixed assets 11 765,888 766,433
Current assets
Debtors 12 27,873 19,901
Cash at bank and in hand 106,581 74,390
134,454 94,291
Creditors: amounts falling due
within one year 13 1,567 1,733
132,887 92,558
Net assets 14 898,775 858,991
Unrestricted funds
Designated funds - 428
General funds 898,775 855,563
898,775 855,991
Restricted funds 15 - 3,000
898,775 858,991

Approved by the trustees on 13th April 2025 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 2024

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.

(c) Resources expended

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 2024

2. Donations

----- Start of picture text -----
|||| |---|---|---| |2024|2023| |£|£| |Donations and offerings for general purposes|55,323|33,006| |Donation received for carpet – restricted|8,000|-| |Gift aid tax|9,041|3,984| |72,364|36,990| |==| |3.|Incoming resources from activities for generating funds| |2024|2023| |£|£| |Use of hall|1,336|1,634| |-|-| |-|-| |1,336|1,634| |==| |4.|Investment income| |2024|2023| |£|£| |Rental Income|27,660|26,775| |Interest on cash deposits|174|250| |27,834|27,025| |=| |Page 9|

----- End of picture text -----

Gateway People’s Centre

Notes forming part of the financial statements For the year ended 30[th] June 2024

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

2024 2023
£ £
Sunday services 3,881 3,867
Mission support & visiting speakers-designated 2,310 5,197
Children & youth activities- 362 349
Outreach and community related activities - -
Kingdom women - -
6,553 9,413

6. Support costs of charitable activities

2024 2023
£ £
New carpet-restricted 13,790 -
Salaries costs 15,618 12,566
Expenditure on manse 1,136 903
Expenditure on church premises 11,807 4,970
Service and communal charges and ground rent on flat 1,328 1,487
Printing & stationery 725 873
Postages 17 20
Broadband and telephone 1,049 990
Insurance 2,254 2,102
AOG contribution 200 600
Staff development and subsistence 1,434 500
Travel accommodation & community support - -
Bank charges 79 -
AOG National conference 1,184 2,576
Minister in training 2,736 -
53,357
27,587
~~———————~~

7. Management and administration expenditure

2024 2023
£ £
Data protection - 35
Letting fees 1,080 1,080
Children protection–safe guarding 163 170
Independent examiner’s fee 597 597
1,840 1,882

Page 10

Gateway People’s Centre

Notes forming part of the financial statements For the year ended 30[th] June 2024

8. Net incoming resources (expended) for the year

This is stated after charging

2024
2023
£
£
Independent examiner’s fee
597
597
Depreciation
545
546
~~ere~~
9. Staff costs and numbers
Staff costs were as follows:
2024
2023
£
£
Salaries and wages
15,200
12,200
Social security & pension costs
418
366
15,618
12,566
The average weekly number of employees during the year
2023
2023
1
1
No employees received remuneration amounting to more than £50,000 in either year.
~~a~~

10. Trustees’ remuneration

Trustees received no remuneration (2023 - £Nil).

Mrs J Ngobese received a renumeration of £2000 as a Minister in training. (2023 - £Nil)

Page 11

Gateway People’s Centre

Notes forming part of the financial statements For the year ended 30[th] June 2024

11. Tangible fixed assets

----- Start of picture text -----
|||||||| |---|---|---|---|---|---|---| |Freehold|Leasehold|Sound &| |land &|Property|PA|Music|Fixtures &| |buildings|Equipment|Equipment|Fittings|Total| |£|£|£|£|£|£| |Cost and valuation:| |At 1st July 2023|601,151|164,737|10,137|1,702|3,714|781,441| |-|-|-|-|-|-| |Additions during the year| |-|-|-|-|-|-| |Disposals during the year| |At 30th June 2024|601,151|164,737|10,137|1,702|3,714|781,441| |Depreciation| |-|-| |At 1st July 2023|9,592|1,702|3,714|15,008| |This year|-|-|545|-|-|545| |-|-|-|-|-|-| |On disposals| |At 30th June 2024|-|-|10,137|1,702|3,714|15,553| |Net Book Value:| |At 30th June 2024|601,151|164,737|-|-|-|765,888| |At 30th June 2023|601,151|164,737|545|-|-|766,433| |a|

----- End of picture text -----

12. Debtors: Amounts falling due with one year

----- Start of picture text -----
|||| |---|---|---| |2024|2023| |£|£| |Other debtors|25,452|17,188| |Prepayments|2,421|2,714| |27,873|19,902| |13.|Creditors: amounts falling due within one year| |2024|2023| |£|£| |Trade creditors|238|894| |Other creditors|488|-| |Accruals and accrued income|841|839| |1,567|1,733| |==| |Page 12|

----- End of picture text -----

Gateway People’s Centre ___CC Notes forming part of the financial statements (‘_‘“ OW For the year ended 30[th] June 2024

14. Analysis of net assets between funds

General
Funds
Designated
Funds
Restricted
Funds
Total
Funds
Total
Funds
£ £ £ £
Tangible fixed assets 765,888 765,888 765,888
Current assets 134,454 134,454 134,454
Current liabilities (1,567) (1,567)
Net assets at 30 June 2024 898,775 898,775 898,775
15. Movements in funds
At 1 July Incoming Outgoing At 30 June At 30 June
2023 Resources Resources Transfers 2024
£ £ £ £ £
Restricted funds:
Property - - - - -
Carpet 3,000 8,000 13,790 2,790 -
D Jupp Memorial - - - -
Total Restricted funds 3,000 8,000 13,790 2,790 -
Unrestricted funds
Designated funds:
Mission, speakers &
donations 428 - 2,310 1,882 -
General funds 855,563 93,534 45,650 (4,672) 898,775
Total unrestricted funds 855,991 93,534 45,650 (2,790) 898,775
Total funds 858,991 101,534 59,440 - 898,775

Page 13