REGISTERED CHARITY NUMBER: 1080525 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 FOR GATEWAYS PARENTS & FRIENDS ASSOCIATION Walter Dawson & Son Chartered Accountants 1 Valley Court Canal Road Bradford West Yorkshire BD1 4SP
GATEWAYS PARENTS & FRIENDS ASSOCIATION CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 hL4RCH 2024 Page Report of the Trustees Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 6 to 9 Detailed Statement of Flnanclal ActiV7ties 10
GATEWAYS PARENTS & FRIENDS ASSOCIATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 V4lRCH 2024 The trustees present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended PractTce applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102} leffective 1 January 2019). OBJECTIVES AND ACTIVITIES Objectives and aims The objectives of the Charity are to raise funds for school projects to enhance the school experience for all students. Slgnificant activities The main activities of the charity are fundraTsing events carrTed out throughout the year. Including a Christmas Fayre, Spring Fayre and Summer Ball. We also sell pre-loved school uniform and ice crearns. The Trustees of the charity have considered and paid due regard to the guidance issued by the Charity Commission in relation to the public benefit of the charity. ACHIEVEMENT AND PERFORMANCE Charitable actlvlties There have been no change5 in the activities of the charity during the year, as defined by the objectives. FINANCIAL REVIEW Financial position As per the financial statements. Reserves policy The Charity does not have a policy on reserves. Surplus funds that are held will be used to fund future activities. We aim to maintain a minimum of £5,000 In the bank account to fund working capital for future events. Reserves held at 31 March 2024 was £23,000. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1080525 Principal address CIO PFF Packaging Limited Unit 3 Airedale Park Royd Ings Avenue Keighley West Yorkshire BD21 4BZ Trustees S Cooper {appointed 20.10.231 Ms K Dyer Chair Iresigned 20.10.231 Page 1
GATEWAYS PARENTS & FRIENDS ASSOCIATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner John Richard Hall Walter Dawson & Son Chartered Accountants 1 Valley Court Canal Road Bradford West Yorkshire BD14SP Approved by order of the board of trustees on 10 January 2025 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's report to the trustees of Gateways Parents & Friends Association report to the charity trustees on my examination of the accounts of Gateways Parents & Friends Association (the Trust) for the year ended 31 March 2024. Responsibilltles and basls of report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance th the requirements of the Charities Act 2011 1.the Act'l. 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 exarnination I have followed all applicable Directions given by the Charity Commission under Section 145151(bl of the Act. Independent examiner's statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: accountTng records were not kept Tn respect of the Trust as required by Section 130 of the Act. or the accounts do not accord with those records. or the accounts do not comply with the applicable requirements concerning the form and content of account5 set out in the Charities (Accounts and Reports) Regulations 2008 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. 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. 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 BD145P 10 January 2025 Page 3
GATEWAYS PARENTS & FRIENDS ASSOCIATION STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 h14RCH 2024 2024 Unrestricted fund 2023 Total funds Notes INCOME AND ENDOWMENTS FROM Charitable activities Fundraising activities 32,585 42,736 Other trading activities 448 1,380 Total 33,033 44,116 EXPENDITURE ON Charitable activities Fundraising activities 39,330 32,220 Other 153 140 Total 39,483 32,360 NET INCOMEI(EXPENDITURE) 16,450) 11,756 RECONCILIATION OF FUNDS Total funds brought forward 29,720 17,964 TOTAL FUNDS CARRIED FORWARD 23,270 29,720 The notes form part of these flnancial statements Page 4
GATV*YAYS PARENTS & FRIENDS ASSOCIATION BALANCE SHE 31 MARCH 2024 2024 Unrestricted fund 2023 Total funds Notes CURRENT ASss Debtors Cash at bank and in hand 65 23,223 2,408 28,312 23,288 30,720 NEf CURRENT ASSErs 23,288 30,720 TOTAL ASSEfs LESS CURRENT LIABILITIES 23.288 30,720 ACCRUALS AND DEFERRED INCOME 118) 11,0001 NEf ASss 23,270 29,720 FUNDS Unrestricted funds 23,270 29,720 TOTAL FUNDS 23,270 29,no The financial statements were approved by the Board of Trustees and authorised for issue on 10 January 2025 and were signed on its behalf by.. S Cooper - Trustee The notes form part of these flnancial statements Page 5
GATEWAYS PARENTS & FRIENDS ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 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 Charities SORP (FRS 1021 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard app17cable in the UK and Republic of Ireland {FRS 102} (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 staternents have been prepared under the historical cost convention. INCOME All income 15 recognised in the Statement of Financial ActTVlties once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. EXPENDITURE Liabilities are recognised a5 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 obligation can be measured 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 activities. FUND ACCOUNTING Unrestricted funds can be used in accordance with the charitable objectTves 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 notes to the financial statements. OTHER TRADING ACTIVITIES 2024 2023 Uniform 448 1,380 Page 6 continued...
GATEWAYS PARENTS & FRIENDS ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 h14RCH 2024 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023. TRUSTEES. EXPENSES There were no trustees, expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund INCOME AND ENDOWMENTS FROM Charitable artivities Fundraising activities 42,736 Other trading activities 1,380 Total 44,116 EXPENDITURE ON Charitable activities Fundraising activities 32,220 Other 140 Total 32,360 NEf INCOME 11,756 RECONCILIATION OF FUNDS Total funds brought forward 17,964 TOTAL FUNDS CARRIED FORWARD 29,720 Page 7 continued...
GATEWAYS PARENTS & FRIENDS ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 hilRCH 2024 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Other debtors Prepayments and accrued income 65 308 2.100 65 2,408 ACCRUALS AND DEFERRED INCOME 2024 2023 Accruals and deferred income 1,000 MOVEMENT IN FUNDS Net movement in fund5 At 31.3.24 At 1.4.23 Unrestricted funds General fund 29,720 16,450) 23,270 TOTAL FUNDS 29,720 16,450) 23,270 Net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestrirted funds General fund 33,033 139,4831 16,4501 TOTAL FUNDS 33,033 139,4831 16,4501 Comparatives for movernent in funds Net movernent In funds At 31.3.23 At 1.4.22 Unrestricted funds General fund 17,964 11,756 29,720 TOTAL FUNDS 17,964 11,756 29,720 Page 8 continued...
GATEWAYS PARENTS & FRIENDS ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024 MOVEMENT IN FUNDS - continued Comparative net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement In funds Unrestricted funds General fund 44,116 132,360) 11,756 TOTAL FUNDS 44,116 132,360) 11,756 A current year 12 months and prior year 12 months combined positTon is as follows: Net movement in funds At 31.3.24 At 1.4.22 Unrestricted funds General fund 17,964 5,306 23,270 TOTAL FUNDS 17,964 5,306 23,270 A current year 12 months and prior year 12 months combined net movement in fund5, included in the above are as follows: Incomlng resources Resources expended Movement in funds Unrestricted funds General fund 77,149 171,843) 5,306 TOTAL FUNDS 77,149 171,843) 5,306 RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 March 2024. Page 9
GATEWAYS PARENTS & FRIENDS ASSOCIATION DAlLED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 hlARCH 2024 2024 2023 INCOME AND ENDOWMENTS Other trading activities Uniform 448 1,380 Charitable activities Event income Other income 32,585 42,186 550 32,585 42,736 Total Incomlng resources 33,033 44,116 EXPENDITURE Charitable activities Donations Event Costs 27,190 12,140 20,906 11,314 39,330 32.220 Other Insurance 153 140 Total resource5 expended 39,483 32,360 Net lexpenditure)/income 6,4501 11,756 This page does not form part of the statutory financial statements Page 10