PRUJEC'I. GATEWAY UK TRUST Flnnnclal St*tements of iho TruiteC5 For the YtAr F.ndi¥d .11 Deccmber 202.1 WETTONE MATTHEWS
ReRislered ,0.. 1117955 PR()Jb'C'I' C',I"I F'Ii,i} IIK TRUlT Truslees: Reg¥inald Edward Wilchiird Ro¥LY C'harlL MaxwLII AndrL'' James Morrish Sally Vi'()(Kl TTL'vor Nixon Esther Zanfi BAnker5: Lloyds TSB 48491 ligh Sireei Winchester Elamp%hire GU?1913U Independent Examlner: W A Croucher Weltone Maiihews Limited Chart¢r¢d Certified Accounianis Market 14ouse 21 LcnlLn Sir¢¢l Alton 11aMph1rc GU34 IIIG Pa8e Z ol
PROJECT GATEWAY UK TRUST (Formerly PCF Gateway Trust) ANNUAL REPORT OF TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 The charlty IS 8overned by a Trust Deed and registered by the Charity Commission as charily number.. 1117955. The Trustees administer the charlty. Vacancies are filled andlor addiiional trustees appointed by seekln8 people wilh relevant skills and experience and who are in sympathy wlth the Charity's purposes. The Trustees make decislons on the grants that are glven lo support projects in Pietermarilzbur8, Souih Africa. The Charity's purpose5 are: To advance the education of chlldren up to 17 years old, in partlcular by 5UPPOrtin8 Gateway Christian School. The rellef of slckness and the preservation of health among people resldln8 permanently or iemporarily in Kwazulu Natal, in particular by supporting the non- profit maklng organl53tlon Prolecl Gateway. The fellef of financlal hardshlp amon8 people Ilvlng or worklng In Kwazulu Natal bv providing such persons Wlth shelter, business development training, mentorin8 and ongoing follow-ups, In partlcular by supportln8 Project Gateway. Annual Report Durln8 the year, a rotal of £37.338 was transferred to support pro8rammes run by Prolect Gateway In Pletermarltzburg, South AfrSca. The advantageous exchan8e rate from £ to ZAR meant Ihai Ihe money distributed to varlous projects In South Africa has helped more people. The income in donatlon5 from Individuals and church groups totalled £42.167 for the year - IlncludSn8 Glft Aid). All programmes operated by Proleci Gateway have been adversely affected by COVID-19 are now totally back to normal. The number of chlldren on roll al Gateway Chrlstlan School. the number of students at the Gateway School of Fashlon, and the number of people visStSng the slte as tourlsts or volunteers has almost returned to levels slmilar to those recorded before rhe pandemic. Education 21 people continue to support or part spon50r 12 students at the Gaiewav Christlan School. IT Tralnlng- Compuler LSteracy classes are now held solely al Gateway Christian school, with learners In Grade5 2 -7 receivlng trainin8 Irom a speciallst ieacher. The compulcr room accommodates up lo 30 compuler Siations and learne15, Wlth 'up to date, work stations and software. whlch 8ives learners a huge advantage as they move on to high school. Food Support - Project Gateway remalns Inundated wlth requests for food support Irom Pastors around the clty. This15 because those who live hand to mouth selling food, fresh frult and vegetables etc on a daily basis have not been able lo reinstale their livelihoods, and Page3of8
therefore 5tru88le to provlde lor themselves and their famllles. Durin8 this year we partnered wlth ABELUSI Global in creatln8 and enhancin8 gardens in rural communlties around the clty. In total we are now monitoring 11 gardens which feed more than 3000 people each month. Other smaller gardens are also assi51ed in many local areas. Gateway School of Fashlon - In February 2023 a new group of learners started the course. wilh 21 In Year I, and 11 in Year 2. The Year 2 learners were able lo gencrale income bv making and solling variou5 Items of clothing. We completed Ihe curriculum on tlme. and the end ol year Fashion Show was a Breat success. Early ChSldhood Development- 15 creches were supported and monitored by us durlng the year, and all of them have started of maintalned ve8etable gardens. The produce from the gardens enhances on a dally basis ihe food 8iven to the children. Team Vlslts- No teams or indlviduals were able to vlsit and help out Prolect Gateway durln8 2023. General Funds . The money In this fund pays for the central office functlons le.8. accouniln8. utllities, Insurance, HR managoment, cleanln8 etcl. and also partly funds a person In the UK to undertake the publicity, soclal media, wobslte, annual roports and related functlon5 for Project Gateway. Some of the 8eneral funds help 10 Support the Empowerment programmes whlch traln students In work related skllls. The Trustees have complled wlth tho duty In Sectlon 17 01 the Charltie5 Act 2011 to have due regard lo the public benefit 8uidance publlshed by the Charity CommlssS0n. Reserve5 Pollcy All donated monies are expended wlthin 3-4 months of thelr receipt In order to fund the charlly's actlvllles at Proloct Gateway. The charliy has no non.ra5h assets, nor staff that they would need to fund in the event ol a suclden drop In income. SS8ned on behalf of the Trustees on 15 July 2024 by S. Wood (Chalr Project Gateway UK Tiustl Page 4 01
Re%i¥i¢red No.. 1117955 INDEPEEN1' &lIllll%LR'.% RTr"PORT TO TIIE TRUSTEES l on Ihc accoiints of ihc Tnisl for Ihc yeur ¢nd¢d J I DLcember ?0?3. whiLh urc scl out un pagL'S (y 10 7. Respeclii'e responJibiliiles of1r¢¢t.¥ and Lyaminer ThL Lli'irily's Ini%iLL% JfL respi)n.sihlL' liir tlil pfL'parati(11) (IfihL aLL(iuiil%. ThL Lhariiy s Iru%lLCS Ll?ll%idLr Il)ul an audil is nol r¥quifLd fur Ihis yLar undcr scclion 1441 ?) i)f ihl ChiifiiiL.% ALI ?n I I IihL ?0 I I ALI) and thlll fjn indLpLndenl LXfjiminalii)n 1.% nLLdLd. It Is my rL'4piin%ibilii)' iii,. CXiiminL' IhL IILCI?un15 undL'r scciion 14% of Ihc 201 I Aci: 11)14)Ilii' pri)LLilurL% liiid di)wn in IhL genLral t)irLxll() ¥iven hy ihc Charity Commission uiidLf 4LLlic)n 14515 Ilbl c)f lh¢ 201 l Aci: and lil %liitc w,IILIIILr paMILulJr n)aiiers h41VL' Ll)mc l() my allLnliun. Ba.fLs ollndependenl exanilner's report My LXiiiiiin41111111 was LAlL. i)ul in JLcordiincc with IhL Gcncrdl Direclion.% givLn by lh¢ Churily C'oinnii%sion. An ¥xaminaliuii inLludL% a rei'icw of IhL U¢LVUiiilnbi fcLurd% klpl hy Ihe churiiy And u L()mpun41)n c)f Ihc llccnuni% prL%entLd w'iih ihosc rccords. li also includ¢s ci)n4idernli()n of any unu4ual ilems or disclosures in ihc acLounls. und s¢ekinB cxplanulions frun) yi)u 1Th4lLL% C()llLL'rning uny SULh niaiierb. Thc pn)LcdurL'4 und¥nakc'n do noi prui'ide all Ihc cvi(lencL Ihul 'OUld b¥ r¢quircd in an audii and. LL)nscquLnily n() i>pinii)n 14 ¥ii'Ln li) whLiihcr the 8cciiunis pfLsenl o 'trnc llnd loir view. ond ihe rLlX)n Is limilLd lo ihoSL' muiiLr5 Sel oul in Ihl stuicmeni bclow. Independenl examiner's slalemenl In conn¢¢tiun wilh my examinulion. no mall¢r has come to my attcniion: whiLh uivc> ML. rcusonublc causc lo trKlicvc that In any maienal rc4pccl Ihe rL'4uir¢nieni4'. Iii kLL'P aL¥C)unling reLc)rds In QLLI)r(lanLC with SCLlion 130 i?r IhL 10 I l Acl: and lo prLpure aLLvun15 ivhich aLcord M'iih th¢ a¢cvuniin8 rcLords and Loinply wilh Ihe IILLiiunlinbp requirL'mcnis ()[ IhL 2011 ALI havL' nol b¢cn njel. or li) 'ilL}I. In iii). Iipiiiiiiii. ollLnli()n sh(iuld be drnwn in ordL'r Ii) Lnllblc a priipL'r undLrslandinB of IliL uccounis lo bc rcuchcd. Il, Il Croucher Il'i'llijni. li ljiiheiil l.Imli¢.d ('li¢incrLxI ( Ltrnilied AcLc)uninni MdrkLI I II?U%L ? I l.Lntcn %irLel Alii)n. (iL134 IIICI Pa8eSo18
PR().Ifr:C-T GATF.II'AI' ITK TkllST Reilflere4,%'0.. 1117955 Flnanclal Siatemenls for the !'¢*r rnded .11 l)e¢tmber 202J 202.1 Unrutrl¢¢ed funds I Inrt'.i'lric'l¥dfiiiid.I Recelpts and Pal'ments Aeeounti Recolpis (iL'I)Lfiil InLI)niL lax refunds -IR.800 .1,.167 4.1J4N 42.167 34.X2 TntAI Inenme 42,167 34,82 Pa)'menls ('hiirliiihle (rt'ili'liie.¥ Grnn15 lil Cijicway SLhool Cirnlli.% 1<1 fe¢'ding schLm¢ Cirnnis fi)r LhildrLn's pr(iJCL'Is Grnnts for uiher proJLcI& 660 1.114(J 26.164 19,562 -17.1.19 38.499 Pa8e6of8
,11(iiiuApeiiiviii 4111d¢iilniiiii.flriiliiin Trai'LI and dLLcimiTiO(knii()n cost> Adniini%lr41111)n LXPLnsc5 W¥b%ilL tsnd c(iryipulLr LO.4IS t1k L.hur¥ 182 60 494 I'ijial pal'ment 37,83J 3X. 990 et of rect1p1 pavm¢n15 4.J.14 (4. IL$8) Cush fund8 brou¥hi lorward 225 4.393 Cash funds carrled lorward 225 PèÉe7of8
PROJECT CvATTr"W'AI' UK TRlI.%T Rrylsiered.%0.' 1117955 Flnlnclal ititemenis for the i¢*r ended.11 l)¢¢emher 202.1 202.1 ?0?? Unresirlcied Unre.IlriLled StL¢ement of asse¢% and liabililies Cash funds C'i1S1) ai hank in hand 22J 4J59 225 Olher non monel#ry assels Illote onlv Income tax recovernble 3J67 3.355 Approved by the Irust¥¢s and signed on Ihcir behalf on 15 July ?Q?4. SAII). M'ood Pa8e8of8