REGISTERED CHARrrY NUMBER: 1080525 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 l*iARCH 2023 FOR GATEWAYS PARENTS & FRIENDS ASSOCIATION Walter Dawson & Son Chartered Accountants 1 Valley Court Canal Road Bradford West Yorkshire BD1 4SP
GATEWAYS PARENTS & FRIENDS ASSOCIATION CONTEKfs OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Page Report of the Trustees Independent Examiner's Report Statement of Financial Activities Balance Sheet Note$ to the Flnanclal Statèments 6 to 10 Detalled Statement of Flnanclal Activities
GATEWAYS PARENTS & FRIENDS ASSOCIATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023 The trustees present their report wth the financial statements of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recotllmended Practice applicable lo charities preparlng their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective 1 January 20191. OBJECTIVES AND ACTIVITIES Objectlves and alms The objectives of the Charity are to raise funds for School projects to enhance the school expedence for all students. Slgnlficant actlvltles The main actiwties of the charity are fundraising events carried out throughout the year. Includ'ns a Christmas Fayre, Spring Fayre and Summer Ball. We also sell pre-loved school uniform and ice creams. The Trustee5 of the charity have considered and paid due regard to the guidance issued by the Charity CommTssion in relation to the public benefit of the charityl ACHIEVEMENT AND PERFORIiANCE Charltable actlvltles There have been no changes in the activities of the charity during the year. as defined by the objectlves. FINANCIAL REVIEW Financlal positTon A5 per the financial statements. Reserve5 policy The Charity does not have a policy on reserve5. Surplus fund5 that are held will be used io fund future aclivities. We aim to maintain a minimum of £5,000 in the bank account lo fund working capital for future events. Reserves held at 31 March 2023 was £28,000. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing document, a deed of trust and con5titute5 an unincorporated charity. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1080525 Prlnclpal addrèss CIO PFF Packaging Limited Unit 3 Airedale Park Royd Ings Avenue Keighley West Yorkshire BD21 4BZ Page 1
GATEWAYS PARENTS & FRIENDS ASSOCIATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023 Trustees S Cooper (appointed 20.10.231 Ms K Dyer Chair Iresigned 20. 10.231 Independent Examiner John Richard Hall Walter Dawson & Son Chartered Accountants 1 Valley Court Canal Road Bradford West Yorkshire BD1 4SP Approved by order of the board of tru5tee5 On 18 October 2024 and signed on its behalf by.. S Cooper - Trustee Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF GATEWAYS PARENTS & FRIENDS ASSOCIATION Independent examiner'5 report to the trustees of Gateways Parents & Frlends Assoclatlon I report to the charity trustees on my examlnaiion of the accounts of Gateway5 Parents & Frlends Association (the Trust) for the year ended 31 March 2023. Re5ponsibilTties and basis of report As the charity trustees of the Trust you are responslble for the preparntion of the account5 in accordance WTth the requirements of the Charities Act Z011 1.the Act'i. I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying Out my examination I have followed all app11cable Directions g?ven by the Charity Cornmi5sion under Section 14515llbl of the Act. Independent examiner's statement I have completed my examination. I conflrm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: accounting records were not kept in respect of the Trust as required by Section 130 of the Act- or the accounts do not accord with those rords., or the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulation5 21)08 other than any requirement that the account5 give a true and fair view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connectfon 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. John Richard Hall The Institute of Chartered Accountants in England and Wales Walter Dawson & Son Chartered Accountants 1 Valley Court Canal Road Bradford West Yorkshire BD14SP 21 October 2024 Page 3
GATEWAYS PARENTS & FRIENDS ASSOCIATION STATEMENT OF FINANCIAL ACTIVITIE5 FOR THE YEAR ENDED 31 MARCH 2023 Z023 2022 Total funds Unrestricted fund Notes INCOME AND ENDOWMENTS FROM Charitable actTYItIès Fundraising activities 42,736 8.336 Other trading activities 1,380 98Q Total 44,116 9.316 EXPENDITURE ON Charitable activitles Charitable activities Fundraising activities 344 7,259 32,220 Other 140 Total 32.360 7,604 INCOME 11,756 1,712 RECONCILIATION OF FUNDS Total funds brought forward 17,964 16,252 TOTAL FUNDS CARRIED FORWARD 29,720 17.964 The notes form pari of these financial staternent5 Page 4
GATEWAYS PARENTS & FRIENDS ASSOCIATION BALANCE SHEET 31 Pi4RCH 2023 2023 202Z Total funds Unrestricted fund Notes CURRENT ASSETS Debtors Cash at bank and in hand 2,408 28,312 1,529 24,635 30,720 26,164 CURRENT ASSETS 30,720 26,164 TOTAL ASSEfs LESS CURRENT LIABILITIES 30,720 26,164 ACCRUALS AND DEFERRED INCOME 11,0001 18,2001 ASS 29,720 17,964 FUNDS Unrestricted funds 29,720 17,964 TOTAL FUNDS 29,720 17,964 The financial statements were approved by the Board of Trustees ané authorised for issue on 18 October 2024 and were signed on its behalf by.. S Cooper - Trustee The notes fum part of these financial Statements Page 5
GATEWAYS PAREMTS & FRIENDS ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 3 1 MARCH 2023 ACCOUNTING POLICIES 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 Charitle5 SQRP IFRS 1021 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing thelr account5 in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191., Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland. and the Charities Act 2011. The financial Statements have been prepared under the historical cost convention. INCOME All income is recognised in the Statement of Financial Actlvitie5 once the charity has entitlement to the funds, It is probable that the income wll be received and the amount can be measured rellably. EXPENDITURE Liabilities are rectsgnised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obl7gation can be neasured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. TAXATION The charity is exempt from tax on its charitable actiwties. FUND ACCOUNTING Unrestricted fund5 can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund Is Included in the note5 to the financial statements. Pale 6 continued...
GATEWAYS PARENTS & FRIENDS ASSOCIATION NOTES TO THE FINANCIAL STATEMEKfs . continued FOR THE YEAR ENDED 31 MARCH 2023 OTHER TRADING ACTIVITIES 2023 2022 Uniform 1,380 980 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees. remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022. TRUSTEES, EXPENSES There were no trustees. expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestdcted fund INCOME AND ENOOWMENTS FROM Charitable activities Fundraising actiwties 8,336 Other trading activities 980 Total 9,316 EXPENDITURE ON Charitable activities Charitable activities Fundraising activities 344 7,259 Other Total 7,604 NET INCOME 1,712 RECONCILIATION OF FUNDS Total funds brought forward 16,252 TOTAL FUNDS CARRIED FORWARD 17.964 Page 7 continued...
GATEWAYS PARENTS & FRIENDS ASSOCIATION NQTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 2022 Other debtors Prepayments and accrued income 308 2,100 969 560 2,408 1,529 ACCRUALS AND DEFERRED INCOME 2023 2022 Accruals and deferred income 1,000 8,200 MOVEMENT IN FUNDS Net movement in fund$ At 31.3.23 At 1.4.22 Unre5trirted funds General fund 17,964 11,756 29,no TOTAL FUNDS 17,964 11,756 29,nO Net movement in funds. included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestrlcted fund5 General fund 44.116 132,3601 11,756 TOTAL FUNDS 44,116 132,3601 11,756 Page 8 continued...
GATEWAYS PARENTS & FRIENDS ASSOCIATION NOTES TO ThE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 Ii4RCH 2023 MOVEMENT IN FUNDS - contlnued Comparativès for movement in fund5 Net movewnent In fund5 At 31.3.22 At 1.4.21 Unrestrlcted funds General fund 16,252 1,712 17.964 TOTAL FUNDS 16,252 1,712 17,964 Comparative net Tftovement in funds, included in the above are as follows.. In¢omln8 resources Resources expended Movement in funds Unrestrlcted funds General fund 9,316 17,6041 1,712 TOTAL FUNDS 9,316 17,6041 1,712 A current year 12 rnonths and prior year 12 months combined position is as follows- Net rnovement In funds At 31.3.23 At 1.4.21 Unrestrfcted funds General fund 16,252 13,468 29,720 TOTAL FUNDS 16,252 13,468 29.no Page 9 cont1nued...
GATEWAYS PARENTS & FRIENDS ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS - Continued FOR THE YEAR ENDEO 31 MARCH 2023 MOVEMENT IN FUNDS - continued A current year 12 months and prior year 12 months combined net rnovement in funds, included in the abtrve are as follows.. Incoming resources Resources expended Movement in funds Unrestrlcted funds General fund 53,432 139,9641 13,468 TOTAL FUNDS 53,432 139,9641 13.468 RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 March 2023. Page 10
GATEWAYS PARENTS & FRIENDS ASSOCIATION OAlLED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023 2023 2022 INCOME AND ENDOWMENTS Other trading activities Uniform 1,380 980 Charitable actlvltles Event income Other Income 42,186 550 8,105 231 42,736 8,336 Total Incomlng resources 44,116 9,316 EXPENDITURE Charitable activities Donations Event Costs 20,906 11,314 5,814 1.445 32.220 7,259 Other Insurance Bank interest 140 140 Support costs Other Other Costs 3+1 Total resources expended 32,360 7,604 Net Income 11,756 1,712 This page does not form part of the statutory flnanclal statements Page 11