2024-03-31-accounts - Gateway Church

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Registered Charity no. 1087764 Registered Company no. 04158075

Gateway Church (Company Limited by Guarantee)

Trustees Annual Report and Accounts Year Ended 31st March 2024

Gateway Church

Year Ended 31st March 2024

Contents Page

	Page
Legal and Administrative Information	1
Trustee's Annual Report	2
Independent Examiners Report	11
Statement of Financial Activities and Income	12
and Expenditure Account
Statement of Financial Position	13
Notes to the Financial Statements	14

Gateway Church

Year Ended 31st March 2024

Legal and Administrative Information

Reference

The Charity is called “Gateway Church” and is registered with the Charity Commission for England and Wales as an Incorporated Association limited by guarantee.

Registered Charity Number 1087764

Registered Company Number 04158075 Registered Office St. Mark's Church St. Mark's Road Woodhouse Leeds L52 9AF

The Trustees and Directors

Company Secretary

Primary Bankers

Independent Examiner

Mr Stephen Hackshaw Resigned 09/10/2024 Mr Timothy Claydon Appointed 02/09/2012 Mrs Amie Sinclair Appointed 05/11/2015 Mrs Anna Crump (Chair) Appointed 07/06/2023 Mrs Shanice Mbire Appointed 05/06/2024 Mrs Anna Crump Appointed 09/03/2022 CAF Bank Ltd 25 King's Hill Avenue King's Hill West Mailing Kent ME19 4JQ Nigel Wyatt BSC FCA Wyatt & Co Chartered Accountants 125 Main Street Garforth Leeds LS25 1AF

Gateway Church Leeds

Year Ended 31st March 2024

Trustee's Annual Report

Our Vision and Values

We exist to love Jesus and love people by knowing Him and making Him known. God is growing us into a large, “all-sorts” family from across Leeds that impacts Woodhouse, the city, and the world. Come and join the adventure!

There is much we value, but the five memorable phrases below help summarise some of the culture we seek to sustain at Gateway.

1. We keep the main thing, the main thing. We are a community gathered around our love of Jesus Christ and His good news, so keep secondary issues in their place.

2. We don’t do “have to’s” we do “get to’s”. We want grace to propel everything we do, with not a whiff of legalism.

3. Word and Spirit together help us grow. We love enjoying God both through the Bible and His Holy Spirit.

4. It’s okay to not be okay (it’s just not okay to set up home there). Vulnerability is valued, as we share our lives and support one another.

5. We can do more together than apart. We love working together as a community and with others to see the Kingdom of God come.

Our Story

Gateway Church was planted, in partnership with New Frontiers churches, in the year 2000, with a handful of people meeting together in the front room of a house. Over the years, as the church family grew, our Sunday morning meeting venue moved around Leeds, until we eventually moved into the renovated St Mark’s church building in Woodhouse in March 2014, overseen by Gateway Building Trust (Charity number 1122411 and Company number 06459552).

During our journey we have had the privilege of playing a significant role in the formation of new church families in Doncaster (2004), Harrogate (2010), Bradford (2012), Liverpool (2013) and Halifax (2014).

Now gathering up to 200 people at our three Sunday gatherings, we continue to work in partnership with ChristCentral Churches, which is a part of the NewFrontiers family of churches, and we also enjoy strong relationships with many other churches in Leeds.

Gateway Church carries out the typical activities of a Christian church, e.g. public worship, teaching and training, prayer, projects of a charitable nature, the extension of the Christian faith in Leeds and beyond, the spiritual and practical support of other Christian churches and its own congregation.

Gateway Church

Year Ended 31st March 2024

Trustee's Annual Report

Our charitable objectives listed in our Articles of Association are:

To advance the Christian faith in Leeds and in other parts of the United Kingdom or the World.
To relieve aged persons and persons in conditions of need, hardship, sickness or distress
To advance education whether of children or of adults

2023/2024 Objectives

Year upon year, Gateway church seeks to fulfil its vision statement within the cultural values it holds (see above). Each year, the church also sets out specific objectives in addition to its usual operation.

Chris Frost, Lead Elder at Gateway church, presented the following objectives for the next 12 months to the church, outside of its usual operation:

1. A Digital Detox. To undertake as a community a season during lent away from digital technology to focus on our relationships with each other and God.

2. A Community Leaders Celebration. As previously held in 2020, to hold an event to celebrate and thank local Community Leaders.

3. Serving churches in Uganda. To send a Gateway team to serve churches in Uganda that we have a partnership with.

Public benefit

Gateway Church gives due consideration to the Charity Commission’s published guidance on the Public Benefit requirement under the Charities Act 2011. The Trustees pay due regard to the public benefit they provide before deciding what activities the charity should undertake and continue to consider their activities in line with their stated charitable objectives above.

Through the advancement of the Christian faith in Leeds, Gateway Church benefits the public through the holding of worship services, prayer meetings, public celebration of Christian festivals, contributing to the spiritual and mental health of those who attend and contributing to the spiritual and moral education of children.

Gateway Church aims to work with the local community of Woodhouse to promote social cohesion, relieve poverty and share our beliefs in the Christian Faith. Gateway Church support charities who share in their faith and values in the city of Leeds, across the UK and internationally.

Through the maintenance of St Mark’s Building in Woodhouse Gateway Church benefits the public by providing a place of worship for all who wish to attend and maintaining a space that is open for personal spiritual contemplation.

Gateway Church

Year Ended 31st March 2024

Trustee's Annual Report

Achievements and Performance

Each year Gateway outlines its achievement in numbers, and this year it is shown as a video which can be access using the QR code below, or at youtu.be/VtQate02VcM?feature=shared

In 2023/2024 Gateway church fulfilled its overall vision in the following ways:

‘God is growing us into a large, “all-sorts” family from across Leeds’ Sunday gatherings and smaller ‘Life Groups’ are the main way Gateway Church seeks to outwork this element of the vision.

Gateway Church

Year Ended 31st March 2024

Trustee's Annual Report

That impacts Woodhouse.

The weekly Community Café has continued to serve the community, cooking over 800 toasties this year on a pay as you feel basis. We continued our food provision for the local homeless by cooking 728 meals and continued to run the Northwest Leeds Foodbank with 44 sessions throughout the year and Chillzone (Friday youth club). We also hosted a Make Lunch events in partnership with TLG (Transforming Lives for Good) providing 167 meals. Chris Frost continued to serve as a local school governor at Quarry Mount Primary School and this year over 100 TLG early intervention sessions were held at the school having a significant positive impact. Church volunteers continue to serve as local KidzKlub volunteers.

That impacts the city.

Gateway held a Festive Fun Day, a Carol concert, a special Maundy Thursday service, an art exhibition, and an Alpha course. We continued our Fuel Bank, providing 1026 vouchers representing around £50,000 in combatting fuel poverty. We also continued to financially support local partner organisations; Leeds Faith in Schools, Kids Klub, CAP, Unity in Poverty Action, NWL Foodbank, TLG, Transformations Leeds, and The Vine Contact Centre.

That impacts the world.

We continue to hear great news following the financial support for the Safe Haven Academy School in Uganda with teaching starting in January 2022, and the school now accepts 325 students, 25 of whom are educated free of charge.

We continued our partnership with ChristCentral churches especially in Ukraine, during the ongoing conflict.

The specific objectives for 2023/24 were fulfilled in the following ways:

1. A Digital Detox. A booklet resource was created to facilitate this for us as a church community, with many expressing the benefit of withdrawing from digital technology for a season.

2. A Community Leaders Celebration. On June 8[th] 2023 Gateway welcomed 45 leaders from 28 local organisations to thank and celebrate the work that they do.

3. Serving churches in Uganda. In 2023 a team from Gateway served churches in Uganda that we have a partnership with by visiting and holding conferences for over 40 churches.

Gateway Church

Year Ended 31st March 2024

Trustee's Annual Report

Future Plans

Gateway Church plans to continue to fulfil its vision statement within the cultural values it holds into 2024/2025. Outside of continuing its Sunday gatherings and an array of community work, in February 2024, new goals were outlined for the next financial year:

1) Changing gathering shapes
2) Working on improving our grounds
3) Supporting friends in Ukraine

Financial Review

At the end of the financial year Gateway Church finished with a deficit of £7,068. The closing balance for the year to 31st March 2024 was £53,324.

Gateway Church is principally funded by donations from its church members and private individuals, accounting for £262,566 of its income. Our rental income was severely affected by the Covid19 pandemic, and although we have seen an increase this year, our rental income is still below pre-pandemic amounts. The trustees of Gateway Church have continued to monitor the cash flow, limit spending and seek to fundraise where possible. We were fortunate to receive grants for our ongoing community and youth work, as well as generous one-off gifts from members of the church.

Some members’ donations are restricted to a ‘Building Fund’ which pays for the lease of St Mark’s Church owned by the associated charity ‘Gateway Buildings Trust’, these donations continue through the year.

Gateway Church is registered with the Fundraising Regulator. We are committed to the fundraising standards laid out in the Fundraising regulators code. Any staff or volunteers involved in fundraising events/ collections are asked to abide by the code as they conduct fundraising appeals.

Restricted funds

Funds donated to the Church in trust for a particular purpose are recorded as restricted and cannot be used outside these specific purposes.

The Church encourages generosity, by holding special offerings on top of members’ regular donations, giving them the opportunity to contribute to a specific cause or need. Over the past few years we have collected donations through these special offerings for Safe Haven Academy in Northern Uganda (2020:£31,232), Faith in Action Ministries in India (2017: £23,266), St Mark’s Grounds (2018: £23182), and Woodhouse Community grant scheme (2019: £19,915), the renovation of St Mark’s entrance and parking area (2020; £20,721), the building of a school in Uganda (2021: £31,232), and supporting community projects run by church (2022: £21,239). This year half of the special offering was used to help build a dormitory for Safe Haven school in Uganda, and the other half to meeting the increased costs of St Marks. Including gift aid we raised £16,239 and half of this paid for the dormitory in Uganda, with the other half being used for general running costs of St Marks so therefore

Gateway Church

Year Ended 31st March 2024

Trustee's Annual Report

was held in unrestricted funds. This offering enabled us to continue to outwork our vision and we are incredibly grateful to all our members who contributed.

All other money for smaller restricted purposes (for example our towards the pastoral gifts or the Eco Gen project) are recorded as restricted income, to ensure it is accounted for and correctly spent.

Reserves Policy

Gateway Church held £49,699 in unrestricted funds at the end of March 2024. Once accounting for fixed assets and the designated fund’s Gateway Church held £47,173 in free reserves.

The Trustees would ideally like the church to hold reserves in the range of £58,443 (2 months unrestricted expenditure) to £116,887 (4 months unrestricted expenditure). The minimum is the cost of winding the church up – calculated with the current staff team notice periods in mind. The maximum reserve would allow the church to go through times where reserves are needed to cover unexpected events or loss in income and/or take advantage of unforeseen opportunities.

The Trustees recognise that the current level of reserves held by the church is below the target level. The Trustees consider the next financial year to be a time when reserves may be required for the resourcing of the church’s mission and anticipate that the reserve level will not increase in the next year. They aim to build the reserves in the future as the church grows in membership and therefore with increased expenditure.

Risk Management

The Trustees and Elders of Gateway Church work together to review risk regularly, they seek to identify and manage the principal risks that the charity faces.

The Risk Management Policy identifies the Trustees and Elders risk attitude (where risk can be absorbed or where they are unwilling to accept risks). The risk register is kept up to date with new risks identified, details of controls in place and retained risk. The principal risks have been identified (listed below) by looking at the likelihood, impact, and attitude to each risk. The principal risks are discussed at Trustees’ meetings and actions identified to limit their impact.

Gateway Church

Year Ended 31st March 2024

Trustee's Annual Report

The Trustees and Elders have identified the principal risks of Gateway Church as follows:

----- Start of picture text -----
Principle Risks Risk Appetite
Drop in Elder’s capacity on staff team (including Elder on sabbatical) Risk averse
- Elders reducing their hours to make the budget sustainable for the
current level of income
Staff stress leading to burnout - Staff overworking due to job roles Risk averse
with unclear boundaries and expectations of congregation and
leaders, desire to serve.
Continued decline of regular income from members - Decline in Risk equilibrium
membership, economic recession affects income and job security.
Safeguarding incident Zero tolerance
Senior staff member moving on Risk equilibrium
Inadequate reserves Risk oriented
----- End of picture text -----

Going Concern

Gateway Church has a strong, consistent level of regular donations from the church members, allowing a good cash flow throughout the year. The church has over the last few years diversified its income by gaining grant funding and renting out St Mark’s building. Having seen an increase in rental income from the previous financial year, the church hopes that income through the hire of the building will continue to increase to enable the continued support of their charitable activities.

At the time of preparing the accounts, Gateway Church Trustees believe the charity is able to continue as a going concern. The Trustees continue to monitor the cash flow of the church closely throughout the year but do not consider this to be a material uncertainty that would cast significant doubt on the church’s ability to continue as a going concern.

Ethical Investment policy

Gateway church does not hold investments, but when they choose to invest their money (for example when choosing a bank, pension scheme, or contractor) the church Trustees review the ethical impact that the organisation has as well as considering the cost and practicalities of the options before them.

Gateway Church

Year Ended 31st March 2024

Trustee's Annual Report

Sustainability/ environmental impact report

Following our Climate Emergency recognition in November 2020, the church's eco-team completed its report in June 2021 with recommendations for the Elders and Trustees, in terms of building, land, lifestyle, community engagement, and worship/teaching. These were all accepted, and are in the process of being implemented. The youth group has an established eco store at the church that sells domestic products, helping to reduce plastic use on consumables. This work has been recognised through a Bronze Eco Church Award from ARocha.

Working with Gateway Buildings Trust, Gateway church looks to improve the grounds around St Mark’s church. The church is keen to work with Gateway Building Trust to restore it as a nature area. We have seen progress this year through receiving funds from grants, and volunteers creating a circular path through the grounds, as well as creating a composting area and raised beds for flowers, herbs and vegetables.

Volunteers

Gateway Church would like to recognise and thank the ongoing contribution of our members who volunteer to support the running of the church and make it the vibrant and cohesive community it is.

We would like to give special thanks to John and Lesley Davy, who are both full-time volunteers who work alongside the staff team.

Structure, Governance, and management

The Trustees of the charity (listed above), who are also directors of the company observe the church’s obligation under company and charity law and set/monitor the salaries and the contract/working conditions of the employees. The Trustees hold oversight over the budget and the risk management of the Church. There has been one member of the leadership team attending the Trustee’s meetings in the interest of effective communication. Trustees are voted in on an annual basis.

Gateway Church is a member of the Evangelical Alliance and partners with ChristCentral Churches. The memorandum and Articles of Association determine the terms of office of the Trustees and members (Eldership) of the church. Trustees are elected or re-elected by the membership (Elders) at the AGM. Induction and training are available for new Trustees.

The Charity’s legal status is that of a Company Limited by Guarantee and is governed by the Company’s Articles of Association.

The Trustees who served the charity during the period were as follows: Steve Hackshaw (Chair), Tim Claydon, Anna Crump, Amie Sinclair, and Wills Crump (resigned partway through the year). Anna Crump is also the acting Company Secretary. The board recognises that there are long-standing Trustees, due to the key role they play on the board of Trustees with financial and legal sector experience, the board has agreed to retain their position on the Trustee board, beyond the typical length of service. The board is continually looking to expand and develop its diversity and experience.

The Church was managed on a day-to-day basis by Elders consisting of Chris Frost (Lead Elder), Sam Evans, David Cole, David Lloyd, Timothy Green and Chris Boxall. Chris Frost, Sam Evans, and David Cole were employed as Elders on the staff team during this financial

Gateway Church

Year Ended 31st March 2024

Trustee's Annual Report

year. The Trustees agree delegation of roles to the Senior Management team which included the Elders on Staff and the Finance Manager, Lizzy Bird. The Lead Elder and Finance Manager reported monthly to the Trustees who met quarterly. The Eldership team was supported by the wider staff team consisting of; a part-time Finance Manager (Lizzy Bird), a part-time Communications Manager (Sarah Woodger), a part-time Administration Assistant (Bethan Green) a part-time Children and Families Worker (Amy Sprenger), a parttime Youth Worker (Hannah Clark). A part-time finance officer (Esther Davy) was employed part way through the year to replace the finance manager (Lizzy Bird), who resigned at the end of the financial year. The team was supported by many volunteer personnel from the church organisation.

The Elders continue to carry the primary responsibility for the church.

Approved by the Trustees

Approved by the Trustees
	Anna Louise Crump
Name of Trustee:	________
Singed on behalf of the Trustees:	________ Aloo
Date of approval:	________ 18/12/2024

Gateway Church

Year Ended 31st March 2024

Independent Examiners Report

I report to the trustees on my examination of the financial statements of Gateway Church ('the charity') for the year ended 31 March 2024.

Responsibilities and Basis of Report

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent Examiner's Statement

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies.

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:

accounting records were not kept in respect of the charity as required by section 130 of the Act; or
the financial statements do not accord with those records; or
the financial statements do not comply with the applicable requirements concerning the form and content of accounts 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.

Nigel Wyatt BSC FCA Date: 18/12/2024 Independent Examiner 125 Main Street Garforth Leeds LS25 1AF

Gateway Church

Year Ended 31st March 2024

Statement of Financial Activities and Income and Expenditure Account

			2024		2023
		Unrestricted	Restricted	Total	Total
		Funds	Funds	Funds	Funds
	Note	£	£	£	£
Income
Donations and legacies		283,910	48,704	332,614	313,272
Charitable activities		25,275	246	25,521	18,196
Activities for generating income		27,143	-	27,143	11,643
Other Income		1,044	-	1,044	316
		`──────────`	`──────────`	`──────────`	`──────────`
Total Income	2	337,372	48,950	386,322	343,427
		`──────────`	`──────────`	`──────────`	`──────────`
Expenditure
Expenditure on charitable activities	3	333,414	46,194	379,608	337,687
Cost of generating funds	4	2,761	-	2,761	2,397
Governance costs	5	10,416	605	11,021	9,959
		`──────────`	`──────────`	`──────────`	`──────────`
Total Expenditure		346,591	46,799	393,390	350,043
		`──────────`	`──────────`	`──────────`	`──────────`
		`──────────`	`──────────`	`──────────`	`──────────`
Net Income and Net Movement in Funds		(9,219)	2,151	(7,068)	(6,616)
		`──────────`	`──────────`	`──────────`	`──────────`
Net Income and Net Movement in Funds
Total funds brought forward	13	60,059	333	60,392	67,008
Transfers	13	(1,141)	1,141	-	-
		`──────────`	`──────────`	`──────────`	`──────────`
Total Funds Carried Forward	13	49,699	3,625	53,324	60,392
		`──────────`	`──────────`	`──────────`	`──────────`

All income and expenditure derive from continuing activities.

The statement is a combined Statement of Financial Activities and Income and Expenditure Account for the purposes of meeting both companies act and charity SORP reporting requirements.

Gateway Church

Year Ended 31st March 2024

Statement of Financial Position

		2024	2023
	Note	£	£
Fixed Assets
Tangible fixed assets	10	2,526	4,124
Current Assets
Debtors	11	7,201	9,439
Cash at bank and in hand		55,482	51,878
		──────────	──────────
		62,683	61,317
Creditors: Amounts Falling Due Within One Year	12	11,885	5,049
		──────────	──────────
Net Current Assets		50,798	56,268
		──────────	──────────
Total Assets Less Current Liabilities		53,324	60,392
		──────────	──────────
Net Assets	14	53,324	60,392
		──────────	──────────
Funds of the Charity
Restricted funds	13	3,625	333
Unrestricted funds	13	49,699	60,059
		──────────	──────────
Total Charity Funds	13	53,324	60,392
		──────────	──────────

Directors Responsibilities

The Directors are satisfied that for the year ended on 31st March 2024 the charitable company was entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006 and that no member or members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Act. However, In accordance with section 145 of the Charities Act 2011, the accounts have been examined by an Independent Examiner.

The Directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and with FRS 102 (effective January 2015).

Anna Louise Crump

Name of director: Signed on behalf of the directors: Date of approval:

───────────────────────────────────────────────────

18/12/2024

───────────────────────────────────────────────────

Registered Company no. 04158075

Gateway Church

Year Ended 31st March 2024

Notes to the Financial Statements

Basis of Preparation

The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities Financial Reporting Standards applicable in the UK and Republic of Ireland (Charities SORP 2019 FRS 102) and the Charities Act 2011.

Assessment of Going Concern

Preparation of the accounts is on a going concern basis. The trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern.

Fund Accounting

Unrestricted income funds comprise those funds which the trustees are free to use for any purpose in furtherance of the charitable objects. Unrestricted funds include designated funds where the trustees, at their discretion, have set aside resources for a specific purpose. Some regular donations from church members have been designated for the lease payment on the St Marks building and are set aside in a building fund for this use.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor or the term of specific appeal, often know as a ‘special offering’ in the church.

Further explanation of the nature and purpose of each fund is included in the notes to the accounts.

Incoming Resources

All incoming resources are recognised once the charity has entitlement to the resources. It is probable that the resources will be received, and the monetary value of incoming resources can be measured with sufficient reliability.

• All voluntary income from members of the church are recognised as donations and are included in full, with associated Gift Aid receivable in the Statement of Financial Activities.

• Grants where entitlement is not conditional on the delivery of specific performance by the charity are recognised when the charity becomes unconditionally entitled to the grant.

• Income resources from charitable trading activities such as the letting of St Mark’s building are accounted for when invoices are drawn up (as the point of entitlement).

• Donated services and facilities are included at the value to the charity where this can be quantified.

• Gifts in Kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised.

• Volunteer time, the value of voluntary support for the work of the church is not included in the accounts but is described in the Trustees Annual Report.

Investment Income is included in the accounts when receivable.

Gateway Church

Year Ended 31st March 2024

Notes to the Financial Statements

Resources Expended

Expenditure is recognised on an accrual basis as a liability is incurred. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out the resources and the amount of the obligation can be measured with reasonable certainty.

Governance Costs

Include costs of the preparation and examination of statutory accounts, the costs of the trustees' meetings and cost of any legal advice to trustees on governance or constitutional matters.

Liability Recognition

Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.

Tangible Fixed Assets

All assets costing more than £500 are capitalised and at historic cost. Fixed assets are stated at cost less accumulated depreciation. Depreciation is charged on furniture and equipment which is written off on a straight-line basis over the estimated useful live of the asset.

Equipment: Between 3 and 5 years

Pensions

The charity operates a defined contribution pension scheme. Contributions are charged to the Statement of Financial Activities as they become payable in accordance with the rules of the scheme.

Operating Leases

Rental charges payable under operating leases are charged on a straight line basis over the terms of the lease.

Taxation

The charity is exempt from tax on its charitable activities.

Legal Status of the Charity

The charity is a company limited by guarantee and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity.

Gateway Church

Year Ended 31st March 2024

Notes to the Financial Statements

Critical Accounting Estimates and Judgements

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The Charity makes estimates and assumptions concerning the future. The resulting accounting estimates and assumptions will, by definition, seldom equal the related actual results.

Gateway Church

Year Ended 31st March 2024

Notes to the Financial Statements

Analysis of Income
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2024
	£	£	£
Donations and Legacies
Donations	234,165	28,401	262,566
Gift aid	48,745	4,859	53,604
Grants	1,000	15,444	16,444
	`──────────`	`──────────`	`──────────`
	283,910	48,704	332,614
Charitable Activities
Activities & events	4,271	246	4,517
Secondment income and speaking gifts	21,004	-	21,004
	`──────────`	`──────────`	`──────────`
	25,275	246	25,521
Activities for Generating Income
St Marks building lettings	27,143	-	27,143
	`──────────`	`──────────`	`──────────`
	27,143	-	27,143
Other Income
Reimbursed expenses	34	-	34
Bank interest	1,010	-	1,010
	`──────────`	`──────────`	`──────────`
	1,044	-	1,044
	`──────────`	`──────────`	`──────────`
Total Income	337,372	48,950	386,322
	`──────────`	`──────────`	`──────────`

Gateway Church

Year Ended 31st March 2024

Notes to the Financial Statements

2 Analysis of Income (Continued)

*Analysis of Income(Continued)***
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2023
	£	£	£
Donations and Legacies
Donations	227,936	15,413	243,349
Gift aid	45,996	3,837	49,833
Grants	3,500	16,590	20,090
	`──────────`	`──────────`	`──────────`
	277,432	35,840	313,272
Charitable Activities
Activities & events	3,909	-	3,909
Secondment income and speaking gifts	14,287	-	14,287
	`──────────`	`──────────`	`──────────`
	18,196	-	18,196
Activities for Generating Income
St Marks building lettings	11,643	-	11,643
	`──────────`	`──────────`	`──────────`
	11,643	-	11,643
Other Income
Reimbursed expenses	-	-	-
Bank interest	316	-	316
	`──────────`	`──────────`	`──────────`
	316	-	316
	`──────────`	`──────────`	`──────────`
Total Income	307,587	35,840	343,427
	`──────────`	`──────────`	`──────────`

Gateway Church

Year Ended 31st March 2024

Notes to the Financial Statements

3 Expenditure on Charitable Activities by Fund Type

Expenditure on Charitable Activities by Fund	Type
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2024
	£	£	£
Administration	7,981	122	8,103
Asset depreciation	2,988	-	2,988
Building lease	11,435	18,825	30,260
Children's work	1,353	-	1,353
Conferences & training	8,299	-	8,299
Connect teams	155	-	155
Evangelism	2,951	-	2,951
Events	1,691	-	1,691
Giving	32,516	12,118	44,634
Life groups	-	-	-
Meetings	2,458	-	2,458
Other expenditure & contingency	3,354	6,551	9,905
PA equipment & maintenance	10	-	10
Social action	1,571	4,469	6,040
Special offering	-	-	-
St Marks running costs	32,780	-	32,780
Staff costs	216,079	4,032	220,111
Staff expenses	5,267	-	5,267
Students	1,367	-	1,367
Worship	1,094	-	1,094
Youth work	65	77	142
	`──────────`	`──────────`	`──────────`
	333,414	46,194	379,608
	`──────────`	`──────────`	`──────────`

Gateway Church

Year Ended 31st March 2024

Notes to the Financial Statements

3 Expenditure on Charitable Activities by Fund Type (Continued)

	Unrestricted	Restricted	Total Funds
	Funds	Funds	2023
	£	£	£
Administration	7,121	-	7,121
Asset depreciation	2,845	-	2,845
Building lease	13,006	17,238	30,244
Children's work	1,240	331	1,571
Conferences & training	10,445	-	10,445
Connect teams	324	-	324
Evangelism	3,179	-	3,179
Events	3,040	250	3,290
Giving	34,204	6,919	41,123
Life groups	-	-	-
Meetings	2,350	-	2,350
Other expenditure & contingency	951	-	951
PA equipment & maintenance	-	-	-
Social action	782	-	782
Special offering	-	1,374	1,374
St Marks running costs	21,052	1,140	22,192
Staff costs	193,044	12,000	205,044
Staff expenses	3,586	-	3,586
Students	289	-	289
Worship	977	-	977
Youth work	-	-	-
	`──────────`	`──────────`	`──────────`
	298,435	39,252	337,687
	`──────────`	`──────────`	`──────────`

4 Cost of Generating Funds

	Unrestricted	Restricted	Total Funds
	Funds	Funds	2024
	£	£	£
Lettings expenditure	2,761	-	2,761
	`──────────`	`──────────`	`──────────`
	2,761	-	2,761
	`──────────`	`──────────`	`──────────`
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2023
	£	£	£
Lettings expenditure	2,397	-	2,397
	`──────────`	`──────────`	`──────────`
	2,397	-	2,397
	`──────────`	`──────────`	`──────────`

Gateway Church

Year Ended 31st March 2024

Notes to the Financial Statements

5 Governance Costs

Governance Costs
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2024
	£	£	£
Insurance costs	8,958	605	9,563
Legal & professional fees	1,458	-	1,458
	`──────────`	`──────────`	`──────────`
	10,416	605	11,021
	`──────────`	`──────────`	`──────────`
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2023
	£	£	£
Insurance costs	8,553	-	8,553
Legal & professional fees	1,406	-	1,406
	`──────────`	`──────────`	`──────────`
	9,959	-	9,959
	`──────────`	`──────────`	`──────────`

6 Volunteers

The church benefits greatly from the voluntary contributions of time and money by its formal members and regular attendees. Please refer to the trustee's report for further detail about volunteer contributions in the organisation.

7 Independent Examination Fees

Fees payable to the independent examiner for:

Independent Examination Fees Fees payable to the independent examiner for:
	2024	2023
	£	£
Independent examination and preparation of the financial statements	1,410	1,342

Gateway Church

Year Ended 31st March 2024

Notes to the Financial Statements

8 Staff Costs

The total staff costs and employee benefits for the reporting period are analysed as follows:

	2024	2023
	£	£
Wages and salaries	189,121	173,993
Social security costs	16,505	14,899
Employer contributions to pension plans	14,080	12,715
	`──────────`	`──────────`
	219,706	201,607
	`──────────`	`──────────`
Self employed contractors	3,323	1,384
	`──────────`	`──────────`
	223,029	202,991
	`──────────`	`──────────`

The average head count of employees during the year was as follows:

	2024	2023
Average head count	9	9

The number of employees that received employee benefits of more than £60,000 during the year was as follows:

	2024	2023
More than £60,000	-	-

The Charity also utilised the services of some self employed contractors during the year.

Key Management Personnel

The charity considers its key management personnel to be the Trustees and the Eldership team. The Eldership team is made up of three staff members and three volunteers. The total employee benefits received by key management were as follows:

	2024	2023
	£	£
Key management personnel employee benefit	141,953	130,544

Gateway Church

Year Ended 31st March 2024

Notes to the Financial Statements

9 Trustee Remuneration and Expenses

All Trustees are active members of Gateway Church, and are in this way beneficiaries of the charitable acts that the church provides. No Trustees were in receipt of any benefits from the charity beyond that of any other church member during the financial period. No remuneration was made to a Trustees/ Directors or any persons connected with them during the financial period. No expenses incurred or material transactions took place between the charity and a trustee or any person connected with them.

During the year the total aggregated donations made to the charity by the trustee's during the year was £17,976 (2023: £31,717).

10 Tangible Fixed Assets

	Equipment	Total
	£	£
Cost
At 1 April 2023	79,898	79,898
Additions	1,134	1,134
	`──────────`	`──────────`
	81,032	81,032
	`──────────`	`──────────`
Depreciation
At 1 April 2023	75,773	75,773
Charge for this year	2,733	2,733
	`──────────`	`──────────`
	78,506	78,506
	`──────────`	`──────────`
Carrying amount
At 31 March 2024	2,526	2,526
	`──────────`	`──────────`
At 31 March 2023	4,125	4,125
	`──────────`	`──────────`
Debtors
	2024	2023
	£	£
Trade debtors	3,689	811
Accrued income	3,512	5,134
	`──────────`	`──────────`
	7,201	5,945
	`──────────`	`──────────`

11 Debtors

Gateway Church

Year Ended 31st March 2024

Notes to the Financial Statements

12 Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Accruals	1,410	1,200
Other tax and social security	3,633	3,155
Other creditors	6,842	-
	`──────────`	`──────────`
	11,885	4,355
	`──────────`	`──────────`

13 Analysis of Charitable Funds

	1 Apr 2023	Income	Expenditure	Transfers	31 Mar 2024
	£	£	£	£	£
Unrestricted Funds
Unrestricted
General funds	60,059	337,372	(346,591)	(1,141)	49,699
	`──────────`	`──────────`	`──────────`	`──────────`	`──────────`
	60,059	337,372	(346,591)	(1,141)	49,699
	`──────────`	`──────────`	`──────────`	`──────────`	`──────────`
Restricted Funds
Building Fund - St Marks Lease payments	-	19,935	(21,075)	1,140	-
FIAM Appeal	-	-	-	-	-
Woodhouse Community Fund	-	5,650	(3,602)	-	2,048
Safe Haven Academy Uganda	-	-	-	-	-
St Marks Ground Special Offering	-	8,843	(8,576)	-	267
St Marks Wedding List	-	1,200	(1,200)	-	-
TLG Family Faith Fun Day	-	300	-	-	300
Safe Haven Academy Uganda	-	8,025	(8,025)	-	-
Make Lunch Grant	197	832	(868)	187	348
National Lottery	-	2,200	(1,532)	-	668
Pastoral Giving	125	1,719	(1,844)	-	-
Eco Gen refill station youth project	11	246	(77)	(186)	(6)
	`──────────`	`──────────`	`──────────`	`──────────`	`──────────`
	333	48,950	(46,799)	1,141	3,625
	`──────────`	`──────────`	`──────────`	`──────────`	`──────────`
	`──────────`	`──────────`	`──────────`	`──────────`	`──────────`
Total Funds	60,392	386,322	(393,390)	-	53,324
	`──────────`	`──────────`	`──────────`	`──────────`	`──────────`

Fund Transfers

Fund transfer of £1,140 to top up the building fund to have a nil balance at the year end.

Gateway Church

Year Ended 31st March 2024

Notes to the Financial Statements

Analysis of Charitable Funds (continued)

	1 Apr 2022	Income	Expenditure	Transfers	31 Mar 2023
	£	£	£	£	£
Unrestricted Funds
Unrestricted
General funds	64,321	307,587	(310,791)	(1,058)	60,059
	`──────────`	`──────────`	`──────────`	`──────────`	`──────────`
	64,321	307,587	(310,791)	(1,058)	60,059
	`──────────`	`──────────`	`──────────`	`──────────`	`──────────`
Restricted Funds
Building Fund - St Marks Lease payments	-	18,690	(18,378)	(312)	-
FIAM Appeal	-	-	(1,000)	1,000	-
Woodhouse Community Fund	500	4,000	(4,584)	84	-
Safe Haven Academy Uganda	500	10	(510)	-	-
Make Lunch Grant	121	1,450	(1,374)	-	197
Live@ St Marks Festival	214	-	(250)	36	-
National Lottery	-	10,000	(10,000)	-	-
Pastoral Giving	-	1,570	(1,445)	-	125
Ukraine Appeal	1,352	28	(1,380)	-	-
Eco Gen refill station youth project	-	92	(331)	250	11
	`──────────`	`──────────`	`──────────`	`──────────`	`──────────`
	2,687	35,840	(39,252)	1,058	333
	`──────────`	`──────────`	`──────────`	`──────────`	`──────────`
	`──────────`	`──────────`	`──────────`	`──────────`	`──────────`
Total Funds	67,008	343,427	(350,043)	-	60,392
	`──────────`	`──────────`	`──────────`	`──────────`	`──────────`

Gateway Church

Year Ended 31st March 2024

Notes to the Financial Statements

Fund Descriptions

Building Fund - St Marks Lease payments

Donations made to contribute to the cost of the St Marks Lease payments, upkeep and maintenance of St Marks building and grounds, owned by Gateway Buildings Trust but leased to Gateway Church. During the financial year a review of the fund took place and was concluded that the fund met the criteria of being a restricted fund.

FIAM – Faith in Action Ministries

A Charity in India, who run a school, churches and outreach projects. Funds have been raised to meet specific needs of the charity from time to time. Members of staff and church members have visited the project.

Woodhouse Community

Funds were raised for local outreach, and grants were given from LCCT (registered charity no. 1096860) to support the local community with food during the Covid pandemic. This year the activity included a food project called Love Woodhouse, in association with Caring Together in Woodhouse and Little London (registered charity no. 1138782), and setting up a 'cooking for the homeless' group providing food to Glen Garth Bed and Breakfast.

Safe Haven Academy Uganda

Donations were raised to fund the building of Safe Haven Academy in Agago District, Northern Uganda. This secondary school has been built by a Ugandan charity called Amazing Children Education Foundation, their vision is to give education to over 250 young people in the Agago District of Uganda. We continue to support the school as members of staff and church members visit the project.

St Marks Ground Special Offering

Funds were raised to renovate the grounds and building of St Marks, including obtaining planning position for the cost of applying for grants.

Make Lunch Grant

Grant given by Leeds Community Foundation as part of their Healthy Holiday Grant Scheme to provide lunches for families during the school holidays. The grant was topped up by £400 by Tesco Centenary Grant scheme to anyone running the Make Lunch program.

Ukraine Appeal

Funds collected and passed on to Christ Central Churches (charity number 1151447) to support relief work with the Ukrainian people through Newfrontiers churches in Ukraine, www.christcentralchurches.org/#ukraine

National Lottery

National Lottery grant to fund youth work outreach activities within the church.

Eco Gen refill station youth project

The church youth group are running an small shop selling dry foods and eco -friendly cleaning products to members of the church, to encourage reduced plastic shopping. All profits made from the store will be donated to planting trees.

Gateway Church

Year Ended 31st March 2024

Notes to the Financial Statements

14 Analysis of Net Assets Between Funds

	Unrestricted	Restricted	Total Funds
	Funds	Funds	2024
	£	£	£
Tangible Fixed Assets	2,526	-	2,526
Current Assets	59,058	3,625	62,683
Creditors less than 1 year	(11,885)	-	(11,885)
	`──────────`	`──────────`	`──────────`
	49,699	3,625	53,324
	`──────────`	`──────────`	`──────────`
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2023
	£	£	£
Tangible Fixed Assets	4,124	-	4,124
Current Assets	60,984	333	61,317
Creditors less than 1 year	(5,049)	-	(5,049)
	`──────────`	`──────────`	`──────────`
	60,059	333	60,392
	`──────────`	`──────────`	`──────────`

15 Operating Lease Commitments

The total future minimum lease payments under operating leases are as follows:

	2024	2023
	£	£
Not later than 1 year	30,239	28,332
Later than 1 year and not later than 5 years	120,956	141,660
Later than 5 years	241,912	226,656
	`─────────`	`─────────`
	393,107	396,648
	`─────────`	`─────────`

The operating lease is held with Gateway Building Trust for the use of the St Mark's building on a 20 year agreement from the point of signing.

16 Contingent Liabilities

Gateway Church has given a limited guarantee against the bank loan In Gateway Buildings Trust. The guarantee states that Gateway Church will be liable to repay all the obligations of the Gateway Buildings Trust loan up to an amount of £420,000 if the trust is unable to meet the loan repay requirements.

Gateway Church

Year Ended 31st March 2024

Notes to the Financial Statements

17 Gateway Building Trust

Gateway Building Trust (Charity Registration Number 1122411 and Company Registration Number 06459552) exists in part to provide buildings for Gateway Church to achieve this aim, St Mark's Church, Leeds was purchased ln 2008.

During the year the charity made two (2023: two) donation in kind to Gateway Building Trust. This was the cost relating to the building insurance of which £8,443 (2023: £8,040) of the total £8,958 (2023: £9,247) relates to Gateway Buildings Trust part of the joint insurance policy. The second was the covering of costs relating to the independent examination of Gateway Building Trust totalling £480. In the prior year a payment of £2,640 to Leeds Tree Care as part of grounds maintenance that was paid by Gateway Church.

18 Related Party Transactions

During the year £17,500 (2023: £14,287) of secondment income was received from Christ Central Church Worldwide (Charity Number 1151447) for Chris Frost (Lead Elder) to serve other Christ Central churches with more of his staff time. Chris Frost was a trustee of Christ Central Church Worldwide from July 2022.

19 Prior Year Statement of Financial Activities and Income and Expenditure Account

	Unrestricted	Restricted	Total
	Funds	Funds	Funds
	£	£	£
Income
Donations and legacies	277,432	35,840	313,272
Charitable activities	18,196	-	18,196
Activities for generating income	11,643	-	11,643
Other Income	316	-	316
	`──────────`	`──────────`	`──────────`
Total Income	307,587	35,840	343,427
	`──────────`	`──────────`	`──────────`
Expenditure
Expenditure on charitable activities	298,435	39,252	337,687
Cost of generating funds	2,397	-	2,397
Governance costs	9,959	-	9,959
	`──────────`	`──────────`	`──────────`
Total Expenditure	310,791	39,252	350,043
	`──────────`	`──────────`	`──────────`
	`──────────`	`──────────`	`──────────`
Net Income and Net Movement in Funds	(3,204)	(3,412)	(6,616)
	`──────────`	`──────────`	`──────────`