REGISTERED COMPANY NUMBER: 04376237 (England and Wales) REGISTERED CHARITY NUIIqBER: 1094663 ort of the Truslecs and Financial Statements for the Year End¢d 31 Marcli 2024 for Bu Gatewa RowlÉnson Rainbow & Company 5/7 New Road Radcliffe Greater Manchester M26 ILS
Gat¢wa Contcnt5 of the Financial Slalements for the Year Endcd 31 March 2024 Page Report of the Trustees Ind¢pend¢nt Examiner's Report Statem¢nt of Financial Activities Balance Sheet Noies to Ihc Financial Slalements 7 to 12 Detailed Statement of Financial Activities 13
Galewa ort of the Truslecs for the Year Ended 31 March 2024 The tThstees who are also direclors of the charity for the purposes of the Companies Act 2006, present their report wtih the financial slalcinents of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charilies.. Statement of Recominended Practice appli¢ablc lo chariiics preparing their accounts in accordance with the Finaiicial Reporting Standard applicable in thc UK and Republic of Ireland (FRS 102) (effeclive l January 2019). OBJECTIVES AND ACTIVITIES Objecllves and aims Th¢ main objects of Bury GateaY arc the relief of people with leaming disabilities by providing help and support for them and for their famili¢s, d¢pendants and carers and lo prevent learning disabililies for the public benefit. To provide or assist in Lancashire and Greater Manchcsler in he provision of facilities for rc¢r¢atioii or other leisure tin)e occupation for people who have nccd thereof by reason of menial handicap and wilh the object of iniproving thcir conditions of life. The charity's activitics are run by tlie full-tinic PTojeci leader willj the assistance of approximalcly 7 volunteers who participalc in the ninning of th¢ drop-in ccnire, the social ¢lub and sports training and also support beneficiaries by providing friendship and assisi in daily tasks such as household shopping and budgeting.The trustees recognize Ihe invaluable support given by the volunteers.who give betwccn l and 8 hours per week, whicli can total from 30 to 50 hours in an avcrage week. Slgnlfieant Actlvltles Thc objeciives of the charity ar¢ achicvcd by running the drop-in ¢cnlr¢. The regular daily attendance varies from 5 to 8 atteftdees. Social evenings wcrc h¢ld up waiting for Bury Bridg¢ WMC. the average artendance is between 23 and 34.once the Volunteers are included, plus carers the vcniie looks full, almost to maximum capacity. The regular activities including drop in have been supported during the year by cncouraging them lo maintain contact by l¢lepl)oiie, Icxl mc553ging etc. and by providinbl cmolional Support where n¢c¢ssary. Thesc activities have furthered the objcclivcs of Ihc charity and as a rcsult beneficiaries havc gained in confidence and self-esteem Ilirough major personal achievements not prcviously considered possible. FINANCIAL REVIEW Rcslricted R¢serv¢s al 31 March 2024 of £453 and Unrcslricted Reserves of £1,584 are all rcprcscnlcd by bank balances and Ihc trustees consider the res¢rves at the current level are boih adequat¢ and neccssary for the furtherance of the chariti¢s objcclivcs. Monies nol immediately requir¢d arc hcld on depos11, and the tslee$ havc the power lo invest in such assets as th¢y see fit. These funds are hcld in accounts at the Naiional Weslminsl¢r bank and the Yorkshire Building Socicly. Page
Gat¢wa ort of the Trustees for the Year Ended 31 Marcli 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Governiug document Bury Gateway is a company limited by guarantee. incorporated on 18 February 2002, and a registered charity governed by its Mcmorandum and Articl¢s of Association. Charity numbcr 1094663. Compxny nuniber 4376237. Directors and tNste¢s The directors of the charitable company are its trustees for the purpose of charity law and throughout this report are colleclively referred to as the trustees. As set oiil in th¢ Articles of Association the chainnan is appointed by the trustees. and the trnslccs have thc powcr lo co-opt additional truslces. Onc third of the truslce5 relirc by roiaiion cach ycar and may be re-appointed by the m¢mb¢rs of th¢ charitable company attending the Annual General Meeling (AGM). New members may be appoinled at the AGM or al the first meeting following. Recruilmenl of new Iruslees is usually as a result of personal contact wilh persons with suitable knowledge and experience. Induction and training is by invtlation to observe Trustees meetings and activities of Ihe charity. New truslecs ar¢ ¢ncourag¢d to read th¢ explanatory lil¢ratur¢ provided by both Company's House and the Charity Commission. All trustees are invited to allcnd the periodic staff and volunteer training meetings. All major decisions relating io overall policy and management are taken by the trustees. who also forni part of the majority of members of a general managemeiit committee. All major items of expenditure are approved by this cornmilt¢¢, and the project leader has a dcl¢gated powcr lo authorize routin¢ ¢xp¢nditurc of up to £500. Rclationship with other organizalions Bury Gateway is an independent charity. bul has informal relations with other local charities and organizalions wilh similar objeclives.Communicates regularly with relcvanl departmcnls of the local authority, including Ihc employmcnl support team. social seTh'ices support workcrs and the ediicalion d¢partnicnt lifelong learning scrvices. The charity is at the Bury Gateway Hub at 144 Tollingion Road, Biiry, whcre thc rcgistcrcd officc is locaicd and whcrc the cliarity's Inain a¢tivilies lake place. REFEREIYCE AND ADMINISTRATIVE DETAILS Registered Company number 04376237 (England and Walcs} Reglstered Charlty number 1094663 Registered office 144 Tottington Road Bury Mancl)cster BL8 IRU Trustees G Rose {re5igned 7.7.23) Miss H Brookes J C Jeffcrson M D Jsaacs Ms H Ashworth Organiser Mrs J Birtwell Truslce Compan), Secretary Mrs P Roberts Independent Examiner Rowlinson Rainbow & Conipany 517 New Road Radcliffe Greater Manchester M26 ILS Page 2
Gatewa ort of thc TrusTees for Ihe Year Ended 31 March 2024 REFERENCE AND ADMINISTRATIVE DETAILS Bankers NalH'esl PLC Ratens(all Branch 29 Bank Street Raen$t211 Rossendale BB4 STS Approved by order of the board of trustees on ... and signed on its behalf by: MrsJBi 11 Truslec Page 3
Inde endent Examiner's Re Galewa ort to the Trustees of Independent examiner's report to the trustees of Bury Gate)vay ('the Company,) I rcport to ihc ¢harity Irustc¢s on iny exaniinxiioii of lh¢ accounts of th¢ Company for tlie year ended 31 March 2024. Responslbllitles and basls of report As Il)¢ charity's Iruslees of th¢ Compaiiy (and also ils directors for the purpose5 of company law) you are responsible for the preparation of Ihe accounts in accordance willi tlic rcquircments of the Compani¢s Act 2006 ('the 2006 Acl,). Having satisfied myself Ihal the accoiinls of th¢ Company are nol required io be audited under Part 16 of the 2006 Act and are eligible for independent examinalion, I report in respeci of niy examinAtion of your ¢liarily's accounts as carried out under Section 145 of the Charities Act 2011 ('Ihe 201 l Act,). In carrying out my examiiiation I have followcd the Directions given by ihe Charity Commission uiider Section 145{5) (b) of the 201 l Act. Independent examlner's statement I have ¢onipl¢lcd my ¢xamination. l confirni that no mallers have come to my attention in conncclion wilh the exan]inalion giving me cause to bclicve: accounting records were not kept in respect of Ihe Company as reqiiir¢d by Section 386 of ihe 2006 Act; or the accounts do not accord wilh Iliosc records; or the accountts do not comply wtih Ihc accountin8 r¢quiremenls of Section 396 of the 2006 Act other than any requirement Ihal the accounts givc a Irue and fair vicw which is not a matter considered as part of an indepcndenl examination,. or Ihe accoiinls havc nol bcen prepared in accordan¢¢ witli the methods and priiiciples of Ihc Statemcnl of Recommended Practice for accounting and reporting by charities (applicable to chariiies preparing their accounls in accordancc with thc Financial Rcporling Standard applicable in the UK and Republic of Ireland (FRS 102)). I have no Conccms and havc come across no oihcr niattcrs in connection wilh Ihc examination to whicl) artention should bc drawn in this rcpori in ordcr 10 enablc a propcr undcrbtandin8 of Ihc accounts to be reaclicd. David Rainbow Rowlinsoii Rainbow & Company 517 New Road Radcliffe Grealer Manchester M26 ILS Date: Page 4
Gatewa Statement of Financial Activities for the Year Ended 31 March 2024 31.3.24 Total funds 31.3.23 Total nds Unr¢strictcd nd Restricted funds INCOME AND ENDOW'MENTS FROM Donaiions and legacies Not¢s 35.943 35,943 31,465 Other trading activities Inveslmenl income 3.131 3,131 3,811 Total 39,082 39.082 35,280 EXPENDITURE ON Ralsing fvnds loo 100 Other 39.955 27 39,982 40,150 Total 40.055 27 40,082 40,150 NET INCOMEI(EXPENDITURE) (973) (27) ( 1.000) (4,870) RECONCILIATION OF FUNDS Total funds brought forward 2,557 480 3.037 7.907 TOTAL FUNDS CARRIED FORWARD 1,584 453 2,037 3,037 The notes forn] part of these financial statemenls Page 5
Galewa Balaiice Sheet 31 March 2024 31.3.24 Total nds 31.3.23 Tolal funds Unrestricled fund Reslricled fijnds Notes FIXED ASSETS Tangible assets 293 (106) 187 234 CURRENT ASSETS Debtors Cash al bank 25 2,396 25 2,955 39 3,952 559 2,421 559 2,980 3,991 CREDITORS Amounts falling due within on¢ y¢ar io (1.130) (1,1301 (1,188) NET CURREIYT ASSETS ,291 559 1,850 2.803 TOTAL ASSETS LESS CURRENT LIABILITIES 1,584 453 2,037 3,037 NET ASSETS 1.584 453 2,037 3,037 FUNDS Unrestricted funds Rcslriclcd funds 1,584 453 2,557 480 TOTAL FUNDS 2,037 3,037 Th¢ charitable company is entitled lo exemption from audit under Section 477 of the Companies Acl 2006 for the year ended 31 March 2024. Thc members l)ave nol required the conipany to obtain an audit of its financial statements for the year ended 31 Marcli 2024 in accordance willi Seclion 476 of thc Companics Act 2006. The Iruslees acknowledgc Iheir responsibilities for (a) ensiiring that the charitable company k¢¢ps accounting r¢cords that comply with Sections 386 and 387 of Ilie Companies Act 2006 and preparing financial Statements wliich give a true and fair view of ihe state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for ¢a¢h financial y¢ar in accordance with th¢ r¢qllir¢mcn15 of Sections 394 and 395 and wliich oilienvise coniply with the r¢quir¢ments of the Companies Act 2006 relating to financial slalejnenls, so far a5 applicable lo thc charitable company. (b) Thesc financial stRlcmenls have been prepared in accordance with the provisions applicablc to charitable companies subject 10 the small companies regime. The financial statemenls wer¢ approved by the Board of Trustees and authoris¢d for issue and were Signed on its behalf by- on JBirt - Trustee The notes forn] part of ihes¢ financlal statements Pag¢ 6
Galewa Notes to the Financial Statements for the Year End¢d 31 March 2024 ACCOUNTING POLICIES Basis of preparlng the financial statements The financial siat¢mcnls of Ilie charitable company, which is a public benefit entity linder FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accountiiig and Reporting by Charilies= Statement of Recon)m¢nded Practice applicable io cliarities preparing their accounts in accordance with the Financial Reponing Standard applicable in the UK and Republic of Ircland (FRS 102) (effective l January 2019),, Financial Reporting Standard 102 'Thc Financial Reporting Standard applicable in th¢ UK and Republic of Ir¢land' and the Companies Act 2006. Th¢ financial statements have been prepared under Ihe historical cosl convenlion. Income All income is iecognised in the Sialemenl of Financial Activities once the charity has enlitlemenl lo thc funds, il is probable that the income will bc receivcd and Ihe aniount can be measured reliably. Expendlture Liabilities are recognised as ¢xp¢nditure as soon as there is a legal or constructive obligation cornmitting the charity lo that cxp¢ndittire, it is probable Ihal a transfer of economic bcnefits will b¢ r¢quir¢d in s¢ltl¢m¢nt and Ihe amount of the obligaiion can bc measured reliably. Exp¢ndilure is accoiinled for on an accruals basis and has been classified under headings that aggregalc all cost rclaicd to Ihe category. Wher¢ cosls cannol b¢ dir¢cily altribulcd lo particular headings Ihcy havc bcen allocated lo aclivili¢s on a basis consisient willi the usc of rcsourccs. Tanglble fixed asset$ Dcprecialion is provided at the following annual ratcs in ord¢r to write off each asset over its cslimaled useful life. TAxatlon The charity is cxempi from ¢orporalion tax on its charitable activities. Fund accountlng Unr¢strict¢d fijnds can be used in accordance with the charitable objectives ai the discretion of the truslc¢s. Restricted funds can only be us¢d for particular restricted purposes within the objects of th¢ charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Furth¢r explanation of the nature and purpose of each fund is included in the notes lo the financial statcmenls. Hlre purchase and leasing commltments Renta15 paid under operating leases arc charged lo the Sialemenl of Financial Actxvities on a straight line basis over Ihe period of the lease. Pension eosls and other post-retirement benet]ts The charitabl¢ company operates a defined contribulion pension scheme. Contribulions payable lo the charitable company's pension scheme are charged lo the Statement of Financial Activities in the period to wliich they relate. Page 7 conlinu¢d...
Gatewa Noles io tlie Financial Siatemeiils conlinucd for th¢ Year Ended 31 March 2024 OTHER TRADING ACTIVITIES 31.3.24 31.3.23 Fundraising cvents 3,811 INVESTMENT INCOME 31.3.24 31.3.23 Deposit accouni interest NET INCOMEI(EXPENDITURE) Net income/(expendilure) is staled aftcr charging/(crcdilingl'. 31.3.24 31.3.23 Depreciation - owned assets Other opcraling leases 47 6,600 59 6,575 TRUSTEES, REMUNERATION AND BENEFITS Ther¢ werc no tTuslees' remuneration or oiher benefit5 for Ihc year cndcd 31 March 2024 nor for the year ended 31 March 2023. Trustees, e%penses Thcr¢ w¢r¢ no trustees, expenses paid for the year ended 31 March 2024 nor for Ihc year cnded 31 March 2023. STAFF COSTS The average monthly nuniber of employees during tlie year was as follows.. 31.3.24 31.3.23 Administration No eniploy¢es received emoluments in excess of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund Restricted fund5 Total funds INCOlE AND ENDOWMENTS FROM Donations and legacies 18,465 13,000 31.465 Other trading activities Investment income 3,811 3.811 Total 22,280 13,000 35.280 EXPENDITURE ON Other 26,124 14.026 40,150 Page 8 continued...
Bu Galewa Notes lo Il)¢ Financial Slalemenls continiied for the Year Ended 31 March 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- contlnued Unrestricted R¢strAct¢d fund funds TotRI nds NET INCOME/{EXPEN'DITURE) {3.844) (1.026) (4,870) RECONCILIATION OF FUNDS Total funds brought forward 6,401 1,506 7,907 TOTAL FUNDS CARRIED FORWARD 2,557 480 3,037 TANGIBLE FIXED ASSETS Fixtures and fillings Computer equipment Totals COST Al l April 2023 and 31 March 2024 26,951 426 27.377 DEPRECIATION Ai l April 2023 Charge for year 26.717 47 426 27,143 47 Al 31 March 2024 26.764 426 27,190 NET BOOK VALUE At 31 March 2024 187 187 Al 31 March 2023 234 234 DEBTORS; AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.24 31.3.23 Other debtors 25 39 Page 9 continued...
Galewa Notes lo the Financial Statements - continued for tl)e Ycar Ended 31 March 2024 io. CREDITORS: AMOUNTS FALLING DUE WITHIN OIYE YEAR 31.3.24 31.3.23 P.A.Y.E. Othcr creditors 369 761 393 795 1,130 MOVEMENT IN FUNDS Net movcmenl in fund5 Ai 1.4.23 31.3.24 Unrestricted funds General fund 2,557 (973) 1.584 Restrlcted funds Gym Restricted Grants 539 (59) 20 (47) 559 (106) 480 {27) 453 TOTAL FUNDS 3.037 ( 1,000) 2,037 Net moveinent in fiinds. included in th¢ above ar¢ as follows: Incoming r¢50urces Resources ¢xp¢nded Movement in funds Unres¢rl¢ted fund$ G¢n¢ral fund 39,082 (40,055) (973) Restrieted funds Gym Restricied Grants 20 (47) 20 {47) {27) (27) TOTAL FUNDS 39,082 (40,082) ( i.ooo) Page 10 continued...
Bu Gatcwa Nolcs lo Ihc Financial Statements continued for ihe Year Ended 31 Marcli 2024 MOVEMENT IN FUNDS - Continued Comparatlves for rnovemenl in funds N¢t movement in fijnds At 31.3.23 At 1.4.22 Unrestrlcted funds General fund 6,401 (3,844) 2.557 Restricted funds Gym Restricted Grants 1,506 (967) (59) (59) 1,506 (1,026) 480 TOTAL FUNDS 7,907 (4,870) 3,037 Comparative nei mov¢m¢nt in funds. included in thc above are as follows.. Incoming resourc¢s Resources expcnded Movement in funds Unrestrieted funds G¢neral fund 22.280 (26.124) (3,844) Restrlcted funds G] Restrict¢d Grants (967) (13,059) (967) (59) 13,000 13,000 (14,026) (1.026) TOTAL FUNDS 35,280 (40.150) (4,870) A current year12 months and prior year 12 months combined position is as follows.. Net movement in funds At 31.3.24 At 1.4.22 Unrestricted funds General fund 6,401 (4,817) 1,584 Reslricted funds Gym Restricled Grants 1.506 (947) (106) 559 (106) 1.506 {1,053) 453 TOTAL FUNDS 7,907 (5,870) 2.037 Page 11 continu¢d...
Bli Galewa Notes to the Financial Statements - continued for the Year Elided 31 March 2024 MOVEMENT IN FUNDS - continued A current year 12 months and prlor y¢ar 12 months combin¢d nel movement in funds. included in tlie above are as follows= Incoining rc50urces Resourccs expended Movcmcnt in funds Unrestricted funds General fund 61.362 {66,179) (4,817) Restrleted funds Gyn Rcslricted Grants (947) (13,106) {947) {106) 13,000 13,000 (14,0531 (1,053) TOTAL FUNDS 74,362 (80,232) (5,870) 12. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 March 2024. Page 12
Bli Galewa D¢txil¢d Siatenien( of Financial Activilies for the Year Ended 31 March 2024 31.3.24 31.3.23 INCOME AND ENDOWMENTS Donations and legacies Donations Gift aid Subscriptions Mcmbership R¢strict¢d Zochonis Restricted -Bailey Thomas 10,911 4.205 20.407 420 540 ,942 15,373 610 3,000 10.000 35,943 31.465 Other trading actlvltles Fundraisinby cvents 3.131 3,811 Investment Ineome Deposit account interest Total incoming resources 39,082 35,280 EXPENDITURE Ralslng donatlons and legaeles Sundries 100 Support costs Management Wages Pen5ion5 Oilier operating leases Ral¢s and water Light and heal Telcphone Travel & Transport Repairs & Renewa15 27,323 633 6,600 ,206 1,206 894 27,323 633 6,575 305 1,966 810 197 162 38,024 37,809 Finance Depreciation of tangible fixed assets 47 59 Governance costs Insuranc¢ Ac¢ounlancy fe¢s Legal fees Payroll Cosls 935 360 40 576 1,019 396 40 827 2,282 Total resources expended 40,082 40.150 Net expenditure { 1,000) (4,870) This page does not fom] part of Ihc statutory financial statements Page 13