Company Re8iStration No. 05899708 Charity Registratlon No. 1117985 Citygate Church Report and Financial Statements 31 December 2021
citygate Church Contents Page Trustees and Trust Information Report of the Trustees 3-14 Independent Auditorfs Report to the Trustees 15-18 Consolidated Statement of Financial ArtNlties 19 Balance Sheet 20 Cash flow statement 21 Accounting Policies 22-23 Notes to the Accounts 24-37 Page I
citygate Church Trustees and Trust Inforniatlon Year ended 31 December 2021 Mrj Salway Mr S Theunissen Mr R White Mr J Cornish Mr N Beal M5. R Millard (appointed 25.01.20221 Secretary Mrs D Theunissen Auditofs Saffery Champness LLP Midland House 2 Poole Road Bournemouth Dorset BH2 5QY Sollcltors Lester Aldridge Russell House Oxford Road Bournemouth Dorset BH8 8EX Bankers HSBC Bank PIC 59 Old Christchurch Road Bournemouth Dorset BHI IEA Company Reglstratlon Number 05899708 Charlty Number 1117985 Prin¢ip*l Office 138A Holdenhurst Road Bournemouth Dorset BH8 8AS Elder5 Mr R Whlte Mr T Francis Mr S Theunlssen MrA Oate5 Page 2
citygate Church Report of ihe Trustees Year ended 31 December 2021 The trustees, who are also directors for the purposes of company law. have pleasure in presentingtheir Report and Financial Statements of the Charity for the Year ended 310ecember 2021. The trustee5 named on page 2 served throughout the year. Objertives ondA¢tivities Prlnclpal Alms & Objertlves The main objective5 of Citygate Church are to advance the Christian faith. to proclairn and further the gospel of God the Father, the Son and the Holy Spirit and to preach and teach the Christian faith. To relieve sickness. poverty and distress to persons in need by virtue of age or social or economic circumstances. To advance the education whether of children or of adults. To further such other charitsble purposes as the trustees from time to time in their absolute discretion determine. Prlnclpal Artlvltles In order to achieve its objectives, Citygate Church works through the following ttire activities- l. Sunday meetings gospel message. Citygate Church meets on Sunday mornings for worship and preaching of the 2. Teaching and Training Alpha- a series of seminèrs and discussion groups for Christians and non Christians alike, used to help people from all backgrounds to explore Christianitv. "Rooted" course - a course for those seeking to become members of Citygate Church. The course enables anyone to explore the vision of Citygate Church. A number of other courses are run throughout the year including Baptism courses, Marriage Preparation cour5e5. Leadership and equipping cour5e5 a5 well as encouraging and supporting many courses and conference5 run by Commission, the group of churches we are involved with. 3. Youth and childreD'5 work, students to twenties Citygate has a wide range of activty group5 for children. Our Sunday artivitie5 include four age appropriate groups for children which aim to teach the authentic Christian message throu8h fun and engagin8 activities. There are also two youth groups for ages 11-18 who meet mldweek and on Ssjndays. These groups are fun, thrivlng communltles where young people grow and develop in their faith. b. Students - Citygate students reach OLAt to those in higher education. at BU and AUC8. We a regularly engaging with around 50 students per week providing teaching, prayer and communlty. Page 3
citygate Church Report of the Trustees Year ended 31 December 2021 4. Mission Work a. Worldwide India Mission Support- a project run by Steve and Beth Deveraj in Tamil Nadu, India, involving the establishment of a school in a rural district of India as well a5 leading a local church. Beirut Mission Support~ 5UPPQrting Dave and Karen Priest in Beirut, as part of a team to bring the gospel message to this area. Bursary Fund- Citygate is committed to mission. A fund has beell set up to contribute towards mlssion trips abroad for Citygate members looking to gain mission experience In different culture5. Commission Apostolic Trust Ltd- citygate15 commltted to SUPPQrting Commission in its vision to plant churches, training leaders. reach the nations Wlth the gospel and 5UPPOrt the poor. Citygate give regularly to the work of Commission nationally and internationally. b. Local Mi55ion Work Little Acorns- a weekly toddler5 group gathering over 15 adults and a further 20 children. This work has been a regular part of Citygate for many years and continues to be one of our most regularly attended groups Life Groups - We run a number of Life group5 which meet In each otherfs homes. These groups are essential to the life of Citygate Church as we seek to live life together and bulld genuine relatior15hip5. These groups are for those already a part of the church and for those looking in. These groups meet together regularly during the week and to outreach within their localities. DNA groups - We facilitate opportunitles for people to meet in groups of 34 during the week to study the bible and build each otherfs faith. We have made these groups p055ible through a¢sSIble content on our website. Citygate Community Hub - The Citygate Communlty Hub Is a partnership between Citygate Church and a number of agencies including Bournemouth FoodbanL providin8 emergency food and support to local people in crisis. 5. Pastoral Care We have a pastoral team who look to care for those in need of support. whether they are going through tough situations in work life or home life. or whether they are looking to grow in their faith through discipleship. Page 4
citygate Church Report of the Trustees Year ended 31 Decernber 2021 Achievement5 andperfonnunce Overvlew In 2021 Russell White, Lead Elder of Citygate Church, with the support of the leadership team and staff, brought a fresh focus for the year on disciples who make di5ciples.' bringing a focu5 Oll smaller group opportunities such as life groups and DNA groups. When the pandemlc hlt, we qulckly rned our bullding Into a Fo¢)dbank dlstributlon centre wlth the hope of adding more relief agencies in order to bless our community where they needed it most. In 2021 we continued to steadily resource the Community Hub, adding caseworkers to our Hub who are able to come alongside those in need over a period of time and help access SUPPOrt from relevant agencies. The Hub is now open 6 days a week providing relief, restoration and reform to those Sn need. We continued to stream our church meetings online and when we were able to meet together, we started an evening meeting alongside our Bournemouth morning meeting. We continued to provide support to those unable to access government help through our Covid Fund. In earty 2021 we merged Southbourne Evangelical Church into our Citygate Church charity and officially formed a second site of Citygate church. We started to meet onsite from April 2021 and publicly launched the site in September. Our Venue income at the Citygate centre decreased significantly due to the pandemic. neverthele55 we were able to reduce spending significantly with help from the government's furlough scheme as well as removing usual activity from our budget. At the end of2021 we saw 41 new members added. 27 people baptised. 25 people completed ourAlpha courses. just over 144 people joined a life group and over 168 people wantlng to know more about Citygate Church or get involved. Although numerical growth is important, we are more concerned with personal lives being changed by the 8ospel and we are therefore thrilled with the many testimonies of people who have been affected in this way throughout the year. Review of the yearfs activities Each of the areas of activities of Citygate Church along with the development of the Citygate Centre are outlined below with significant achievements for 2021 noted. l. Sunday meetings One of Citygate Church's key attlvltles are our Sunday meetlngs where our focus Is to worshlp and encounter God. preach from the Bible and offer prayer for those in need or those wanting to grow In their faith. It is also an opportunity to welcome new people from all walks of life and help each person to flnd thelr place In citygate Church. When the pandemic hlt in March 2020, we moved our Sunday meetings online as well as all the ways to connect with our existing congregation and guest5, We continued to stream our meetings every week through 2021 and have seen consistent viewers and people finding Citygate through our Youtube channel. Pa8e 5
City¥ate Church Report of the Trustees Year ended 310ecember 2021 We also launched an evening meetlng at our Bournemouth site mainly due to capacity limitations due to Covid. In 2021 we continued to prioritise helping people to Commit to life groups in which they can find friendship on a deeper level than is possible at our larger Sunday meetings. 2. Teachlng and trainlng Our Alpha, were well attended in the year with 25 people completing all 7 sessions of our Alpha course. We also had 41 new members come through our Rooted course and are getting established in bulldlng community and in mission. 3. Youth and children's work. students and twenties Our children and youth work has continued to develop. We continued to provlde engaging content for Kids through our Kids YouTube channel throughout most of 2021 while families slowly returned to onsite meetings. Our Hero Party in October was a great success with around 4C¥) children and thelr famllle5 attending. Unfortunately our Family Christmas Celebration w35 unable to go ahead due to high cases of Covid. Our Youth provision was adapted for online, but we saw a significant increase in engagement when we were able to return in person. The team are gathering around 40 youth every week on Friday nights. 4. Mission Work Worldwlde The projects in Tamil Nadu in India are continuing to serve the local community, with two churches now established. a school servlng over 600 pupils, as well as an agricultural initiative. There is also children'5 home to care for orphan5 and vulnerable children. We continued to support Dave and Karen Priest and the team in Beirut a5 they look to settle as a family, learn Arabic and care for the community through the gospel. Our support to Commission Ap05tolic Trust, both in time and monetary resources, is helping to support Churches being storted, leaders being trained and equipped, and communities being transformed by the Christian message both nationally and internationally. We a150 provide free office space to Commission throughout the year. We continued to offer opportunlties for overseas mlssion through our Bursary Fund. This fund is available to church member5 who choose to join a volunteer team for mission trips overseas. Citygate Church looks to provide a contribution towards mlssion costs. Local Our estsblished local mlnistries and projects such as Little Acorn5 continue to support and seNe the local community. Our community ministries a150 serve different spheres of our soclety and they have continued to gather momentum in 2021. We also have a number of local mi55ional partner5 who we support in a number of way5 who enable u5 to fulfil our mission. Page 6
citygate Church Report of the Trustees Year ended 31 December 2021 Ministries FREE- An Educational English OisCU5sion group, providing free language sUPPOrt to internationals wanting to develop their spoken English. This group supports over 100 internationals on a weeklv basis, providing friendshlp and support. Mighty Oak5 - A coffee morning for the over 605, providing friendship and support on a weekly basis. Treasure Treasure is a support group for women coming out of abusive, controlling relationship5. Transform - A support and blble study group for those In recovery from addlrtlon. Christmas Harnper Appeal - Each year. delivering over 21J) hampers to families in crisi5 over the Christmas period. Mi55ional Partners Bournemouth Foodbank - Providing emergency food and support to local people in crisi5. Safe Families - Offering hope, belonging and support to children, families and care givers, in partnership with local churches. PACE - Helping everyone in schoo15 emplore the Christian faith through assemblies. lessons and lunchtime clubs. Teen Challenge Dorset - Helplng young people who have developed life controlling problems, especially dru8 and alcohol addication. Bournemouth Town Pastor5 - Showing the love of Jesus, in practical and non-Judgemental ways, by providing Items to help those In need on night5 Qut in Bournemouth town centre. The Citygate Cent The Citygate Centre is being significantly utilised by Citygate Church ministries as well as the wider comrnunity. Citygate Events Ltd, Citygate Church's tradin8 arm, havin8 Started trading in 2014, continued in its artivity throughout 2021. We have managed to keep good relationships with existing clients and continue to attract a diverse range of clients for hiring the venue. from community enterprlses to corporate buslnesses as well a5 Citygate and Comml55ion Network ministries. Citygate Events Ltd had turnover of £20k (2020.. 32k) for the year. We took the decision to continue to glft Commission the use of Some office space. This income has allowed us to significantly subsidise the centre running co5t5 and we look to grow our turnover in subsequent years. Page 7
Citygate Church Report of the Trustees Year ended 31 December 2021 Communicutions ond resources In 2020 we invested in a new website. Natalie King, our communications manager, designed the website during lockdown and we prioritlsed ways for people to engage with our Sunday talks and online events. Throughout 2021 we continued to develop the website. St serves our vision and is often a person's first interaction with Citygate church. In 2021 we invested significantly in our sotial media activity. Natalie King has formulated and implemented strategy for engaging our Citygate family and guests on Instagram and Facebook and we are seeing high levels of engagement. We were able to tske on a volunteer Communications Intern. Juliet Baumeister joined the team in September 2021 as part of the Commission Internship and has supported Natalie King. We also send regular update5 on Citygate activities through our weekly e-bulletln. Incoming resources Total incoming resources for the year were £1.4M12020: £622kl. Thi5 Income is made up of donations, event ticket income, rental income, Southbourne Evangelical Church Asset transfer and gifted profits from Citygate Event5 Ltd. Undesignated donations are mainly received from Citygate Church members and those who would call City8ate their church. These gifts amounted to £484k12020- £477kl. Gifted profits from Citygate Events Ltd amounted to £18k12020- £27kl. The trustees set out some fisnding objectives for the glft week in 2021. Funds raised during the gift week were to fund major projects such as: the development of the Southbourne site, investing in our online presence, and supporting local and global missions. From gift weeks we raised donations of £98k12020.' £95kl. Future objectives 2021 wa5 a year still very much in the grips of the Covid Pandemic. As a church our desire is to meet the needs of our community, both now and in the future as we start to see the psychological- emotional, splrltual and flnancial ramifications of this pandemic on society. Our vision will continue to be 'Seeing lives transformed. every day. across the bay, but our focus for 2022 will be to focus on reaching the community in Southbourne and build a strong base for the Site. investing in leadership, provision for children, life groups etc. We will look to build a Community Hub and partner with agencies that bring relief to those in need. We will look to partner and set up social artion ministries that bring restoration and be a voice for social reforrn. citygate Church Is now a multlslte church and we believe that more sites will be added over the years in order to See live5 transformed across the bay. We wlll continue to welcome visitors from all walks of life whether throu8h our community outreach or during our Sunday services and integrate them Into citygate hurch. helping them to find their place to belon8. We have Invested significantly In re50urcing online church as we believe it is not just a means of getting through lockdown. but rather an opportunity for people to hear the good news of Jesu5 and take a step towards becoming part of our church community. We will therefore continue to invest staff time and resources in building this area of church life. Page 8
citygate Church Report of the Trustees Year ended 31 December 2021 Our Alpha courses will continue to be key activities in helping people to explore Christianity and grow in their faith. Finally* continuing to build a strong administrative base is key in order to facilitate growth in all the above pursuits and demonstrate sustainable good practice as a UK charity. Gront moklng policy Grants are made to organisations or individuals that we have long standing relationship with. We continue to support Steve and Beth Deveraj, members of Citygate Church who moved to Tamil Nadu in India to start a school and church. We have had a long standing relationship with the family and look to 5UPPOrt them comSng back to England every 3 or 4 years for respite. We are in communication a number of times during the year, recerving reports on the development of both projects. We have continued to financially support Dave and Karen Priest in Beirut as part of a mlssion team reaching In to this area. We have continued to support our missional partners.. The PACE Trust.. Teen Challenge Dorset: Safe Families: Bournemouth Town Pastors. We regularly give to Commission Apostolic Trust Ltd which is a network of churches who support each other and apostolically oversee Citygate Church. In 2017 we took the decision to offer the office space that Commission occupy in the Citygate Centre for free. The market value of the fully serviced space is approximately E30,IXJO. Reserves Policy The trustees review the charivs reserves regularly in the light of Charity Commission guidance. The trustees believe that the charity should hold free reserves of between three and six months of regular church giving Income. as it is believed that thi5 will provide sufficient funds to respond to any shortfalls in donations and event income, and would cover all costs in unforeseen circumstances. The charivs current reserves position is as follows.. The total funds held by the charity at 31 December 2021 are £2,871,06912020: £2,058,127). There is £33,95912020.. £23,908) for restricted fund5. Restricted funds arise where gifts are received for Specific PL¢fposes a5 Outlined by the giver. Expenditure is distributed in line with these requirements. In 2021 Citygate Church received donatlons and other income to the value of £38,712 for restricted purpose. The apportionment of the funding is specified in note 15 of the accounts. £883,85012020.' £63.0671 ha5 been designated by the trustees at 31 December 2021. The balance designated at 310ecember 2021 Is the freehold property of the charity as well as the amount that the trustee5 feel should be set aside in case of emergency works required to be carried out on the building. Within the unrestricted funds there is £1,724,615 which could only be realised by selling the fixed assets held by the charity. The total free reseryes held by the charity at the year-end are £202.69312020: £192.0941. Thls amount is within the policy set by the trustees as three to six months of regular church income is between £IIOk and £230k. Page 9
citygate Church Report of the Trustees Year ended 31 December 2021 Support. volunteers ond other organisations Citygate Church is only able to continue in the work it doe5 because of the time and resources given by volunteers. The trustees express thelr thanks for the ongoing generosity of individuals in both donations and volunteer time. Employees The work of Citygate Church relies on the commitment and hard work of its valued staff. At the year-end Citygate Church directly employed 18 members of staff Iboth full-time and part-timel. The trustees wish to take this opportunity to thank all staff. past and present, for their service and commitment. Remuneration policy Trustees decide on salarles for all staff. The process for review involves using a Salary Matrix which was developed by one of the trustees which considers key responsibility areas for each role which are scored on 5VStematic basic and weighted depending on the level of re5pon5ibility and value that each category is to the organisation. Appraisal review feedback is also given to the trustee5 and used in determining where on the scale each employee is perfoming based on the matrlx. Salaries are reviewed at the end of each financial year and coincide with the production of budgets. These are reviewed and discussed by trustees and approved at the year end. Public Benefit One of the main objectives of a church is to engage in social action work for the benefit of the community it serves. This principle is Strongly encouraged as a core bellef of the Christian faith. The nature of this work varle5 enormously. but typically, churches will engage in a number of different projects - a recent survey of churches associated wlth 'Commis5ion'. found that each church was involved In an average of seven social action projects. The m05t common are.. Mothers and toddlers groups Marriage coun5elling lcourses Community festivals/fun days Debt coun5elling Children's clubs Inot including Sunday school type activtties) School assemblies / RE work Parenting help/course5 Food distribution Caring for the Elderly Inot exclusively for church members) Youth work Whlle these are the most common, there are many other5 which churche5 run, and also in conjunrtlon with other churches in their local vicinlty. These include street patrols, sex workers/ trafficklng. pre8nancy/p05tabortion help, working with the homeless and other cornmunity improvement initiatives (such a5 clean upsl. Working with those in or recovering from addiction le.g. drugslalcoholl is also a common social action project among thi5 family of churches. Citygate Church Is Involved in most of the above activitie5 and its work among those in recovery from addiction and abuse as well its support and reachlng out to sex workers, is benefiting the community it serves. Page 10
Cltygate Church Report of the Tru5tee5 Year ended 31 December 2021 Our public meetings on Sundays provide an opportunity for teachin8, worship, envisioning and sharing time together as a community of people. This is with the aim of individuals enjoying being together to develop a strong 5en5e of community and also to envision church members to serve their own local community. The trustees believe that the charity meets the public benefit requirernents and have complied with the duty in Section 4 and 17 of the Charities Art 2011 and that we have given due regard to the guidance issued by the Charity Commission on delivery of public beneflt, Including the Supplementary Guldance. Strurture. Governance and Management Governing document Citygate Church is a charitable company. limited by guarantee, incorporated on 8 August 2006 and registered as a charity on 15 February 2007. The companvs Memorandum of A550ciation established the objects and powers of the charitable company. The company is governed by its Articles of Association. Recruitrnent and appointment of Trustees Trustee5 are recruited and appointed by the member5 at the Annual General Meeting where they are deemed to possess the experience and skills required to perform the role of a director. The trustees rnav also appoint a director to serve untll the next Annual General Meetin& at which tlme he or she would tease to hold office but would be eligible for elertion. Indurtion and training of trustees All trustee5 are considered to be highly experienced and skilled individuals. Training is provided where ¢on5idered necessary. Organisational structure Overall. Citygate Church is led by Russell White and a team of elders. They are responslble to God for the leadership of the church. They will work to ensure that the vision of the church is fully implemented. The elders named on page 2 served throughout the year. The trustees carry legal responsibilities and duties. The Trustees (who are appointed by the elders) have a dual responsibility.. They are the people responsible in law under the charitys governing document for controlling the management and administration of the charity. They have a major responsibility to support the elders in their leadership of the church, whlch leadership is actountable to God for every aspect of church Ilfe including the oversight of the work of the Trustees. The board of trustee5 consists of two executive trustee5, both of whom are elder5 IRu55ell White and Sean Theuni55enl. and 4 nonexecutive trustees. The non-executive trustees bring experience and expertise in busine55. human resources, risk management, information governance, securlty and law. Page 11
citygate Church Report of the Trustees Year ended 31 December 2021 The trustees have delegated the day to day responsibilities of the charity to key staff and executive trustees. These include Finance, Governance, HR and Risk systems and processes. The executive trustees will report to the trustees on a regular basis on these areas of responsibility. The Elders will set the vision and direction of the church and lead the church through teaching and training. Related parties The charity was born out of a movement of churche5 in the United Kingdom and across the world called Newfrontiers. Newfrontiers has now multiplied into a number of Detsvorks which work both individually and in partnership where there 15 mutual benefit. Guy Miller, an elder of Citygate Church until his resignation in March 2018, leads one of these networks, set up as a charity under the name Commission Apostolic Trust Limited. The charity was established on 14 November 2012 and runs the above activities under its charitable objectives. Risk management The trustees have overall responsibility for the charivs internal control. Such a System can provide only reasonable and not absolute assurance agalnst error5 or fraud. There is a clear delegation of the trustees, authority through the executive tru5tee5 and the elders to the rest of the charity. The charity operates a planning and budgeting system with an annual budget approved by the board of trustees. A financial reporting system monitors the income and expenditure of the th3rity against the budget on a monthly ba515. A register of the rSsks faced by the charity is being developed, Identlfylng the major strategic and operational risks faced and how they are being managed. The major r1s identified are reputational risk and loss of key Staff. Citygate Church is developing a register of the key risks identified. fteputational risk is managed through a number of strategies including accountability of senior leaders and clear mana8ernent of communications and public relatlons. Loss of key staff risks are mitigated to an extent through the performance appraisal process which encourages open communication and Ilne management of staff, a5 well as a clear pollcy on reviewing salaries and other benefrts. The trustees are sat15fied that Systems are in place to monitor, manage, and mitigate the charities exposure to major risks. They consider that the development of the tharitvs reserves and reviewing internal controls and risk will provide the charity with adequate rlsk assurance and sufficient resources in the event of adverse conditions. They a150 recognise that the nature of some of the charitvs work require5 active acceptance and management of some risks when undertaking activities to achieve the objectives of the charity. Trustees. responslbllitles In relatlon to the financial statements The tnJstee5 {who are also directors of Citygate Church for the purpose5 of company lawl are responsible for preparing the Trustees, Report and the financial statement5 in accordance with applicable law and Unlted Kingdom Accounting Standard5 (United Kingdom Generally Accepted Accounting Pratticel. Company law requires the charity trustees to prepare flnancial statements for each year which give a true and fair view of the state of affair5 of the charitable company and of the incoming resources and application of resources, including the income and expenditure. of the charitsble company for that period. Page 12
Cltygate Church Report ol the Tru5tee5 Year ended 310ecember 2021 In preparing the financial statements, the trustees are required to.. select suitable accounting policies and then apply them consistently; obseNe the methods and principles in the Charities SORP IFRS 1021; make judgements and estimates that are reasonable and prudent. state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explalned In the flnanclal statements; and prepare the financial statements on the goin8 concern basis unless it is inappropriate to presume that the charity will continue in business The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply wlth the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. In so far as the trustees are aware: there is no relevant audlt Information of whlch the charitsble companvs audrtor is unaware; and the trustee5 have taken all step5 that they ought to have taken to make themselves aware of anv relevant audit information and to establish that the auditor is aware of that information. The trustees are responsible for the maintenance and integrity of the corporate and financial information Included on the charitable companls website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in otherjurisdiction5. Audltor Saffery Champness, the charivs auditor are willing to remain in office and a resolution to reappoint them will be proposed at the Annual General Meeting. Statement of disclosure to our audltors In so far a5 the trustees are aware at the time of approving our trustees, annual report: There Is no relevant Information, being Information needed by the auditor In connection wlth preparing their report, of which the Charitys auditor is unaware. and The trustees have each taken all steps that they are obliged to take as a director in order to make themselves aware of any relevant audlt informatlon and to establlsh that the audltor Is aware of that information. Page 13
Cltygate Church Report of the Trustees Year ended 31 December 2021 The Trustees have taken advantage of the small companies, regime in preparin8 the Report of the Trustees. Onb alf of the Trustees: S Salway Chair of Trustees Date 28 June 2022 Page 14
Clty8ate Church Independent Audltorfs Report to the Trustees of Citygate Church Oplnlon We have audited the financial statements of Citygate Church Ithe 'parent charitsble companrfl and its Subsidiaries Ithe 'group'l for the year ended 31 December 2021 which comprise the Consolidated Statement of Financial Activities, the Consolidated Balance Sheet, the Charity Balance Sheet. the Consolidated Cash Flow Statement and note5 to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Finantial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements: give a true and fair view of the state of the affairs of the group and the parent charitable company as at 31 December 2021 and of the group's incomlng resources and appllcation of resources, including its incorne and expenditure. for the year then ended:1 have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice: and have been prepared In accordance with the reqLtirements of the Companies Act 2006. Basis for oplnion We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and applicable law. Our responsibilities under those standards are further described in the Auditorfs responsibilities for the audit of the financial statements sertion of our report. We are independent of the group and parent charitable company in accordance with the ethical requirements that are relevant to our audit of the finantlal statements in the UK, including the FR5 Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is suffltient and approprlate to provlde a basis for our oplnlon. Conclusions relatlng to golng concern In auditing the financial statements. we have Concluded that the trustees. use of the going concem basls of accounting in the preparation of the financial statement5 15 appropriate. Based on the work we have performed, we have not identified any material uncertaintie5 relating to events or conditions that, individually or collectively, may cast significant doubt on the group or the parent charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. Other information The trustees are re5pon5ible for the other information. The other information comprise5 the infomiation included in the annual report, other than the financial statements and our auditorfs report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherni5e e¥plicitly stated in our report, we do not express any form of assurance conclusion thereon. Page 15
citygate Church Independent Audltorfs Report to the Trustee5 of Citygate Church Our responsibility is to read the other information and, in doing so. consider whether the other infomation is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit or otherwise appears to be materially misstated. If we Identlfy such materlal inconsistencies or apparent material misstatements, we are required to detemiine whether this gives rise to a material misstatement in the financial statements thern5elve5. If. based on the work we have performed, we conclude that there is material mi55tatement of this other information,. we are required to report that fact. We have nothing to report in this regard. Other matters prescribed by the Companies Act 21106 In our opinion. based on the work undertaken in the course of the audit.. the information given in the Report of the Trustees which includes the Directors, Report and the Strategic Report for the financial year for which the flnancial statements are prepared is consistent with the financial statements,. and the Report of the Trustees which includes the Director5, Report and the Strategic Report has been prepared in accordance with applicable legal requirements. Other matters which we are required to address In the previous accounting period the charity took advantage of the audit exemption under s477 of the Companies Act 2006. Therefore the comparative financial information presented in the financial statements has not been subject to audit. Matters on which we are requlred to report by except5on In the light of the knowledge and understanding of the group and the parent charitable company and thelr environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Trustees. We have nothing to report in respect of the followin8 matters where the Companles Art 2006 require us to report to you if. in our oplnion: adequate accountin8 records have not been kept by the parent charitable company. or returns adequate for our audit have not been retelved from branches not visited by us.. or the parent charitable company financial statements are not In agreement with the accounting records and returns; or certain disclosures of trustees, remuneration specified by law are not rnade.. or we have not received all the information and explanations we require for our audit,. or the trustees were not entitled to prepare the financial statements in accordance with the small cornpanie5 regime and to take advantage of the small companies exemption In preparlng the Report of the Trustees and the Strateglc Report. Page 16
citygate Church Independent Auditorfs Report to the Trustees of Clty8ate Church ResponslbllStles of trustees As explained more fully in the Statement of Trustees, Responsibilities set out on page 12, the tru5tee5 (who are alsQ the directors of the parent charitable company for the purposes of company lawl are responsible for the preparation of the flnancial statements and for being satlsfied that they glve a true and falr view, and for such internal Control a5 the trustee5 determine is necessary to enable the preparation of the financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for a55es5ing the group and the parent charitable companvs ability to continue as a going concern, disclosin& as applicable. matters related to going concern and using the going concern basis of accounting unless the trustee5 either intend to liquidate the group or the parent charitable company or to cease operations, or have no realistic alternative but to do 50. Audltovs respon51bllltSes for the audtt of the financlal statements We have been appointed as auditors under the Companies Act 2CKJ6 and report in accordan with regulations made under that Att. Our objectives are to obtain reasonable assurance about whether the group and parent financial statements as a whole are free from material misstatement, whether due to fraud or error. and to Issue an auditorfs report that includes our opinion. Reasonable assurance is a high level of assurance. but is not a guarantee that an audit conducted in accordance with ISAS IUKI will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the ba515 of these financial statements. Irregularities, including fraud. are InStanS of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material mi5Statements in respect of irregularities. including fraud. The specific procedures for thi5 engagemerrt and the extent to which these are capable of detecting irregularities, including fraud are detailed below. Identifylng and assessing risks related to irregularities- We assessed the susceptibility of the group and parent charltable companV5 flnancial statements to material misstatement and how fraud might occur. including through discussions with the trustees, dls¢u55ions within our audit team planning meetin& updating our record of internal controls and ensuring these controls operated as intended. We evaluated possible incentive5 and opportunitie5 for fraudulent manipulation of the financial statements. We identified laws and regulations that are of significance in the context of the 8roup and parent charitable company by discussion5 Wlth trustees and updating our understanding of the sector in which the group and parent charitable company operate. Laws and regulation5 of direct significance in the context of the group and parent charitsble company include The Companies Act 2006 and guidance issued by the Charity Commission for England and Wales. Audit response to risks identified- We considered the extent of compliance wlth these laws and regulations 35 part of our audlt procedures on the related financial statement items including a review of financial statement disclosures. We reviewed the parent charitable companvs records of breaches of law5 and regulation5, minutes of meeting5 and Corresponden with relevant authorities to identify potential material misstatements arising. We disCU55ed the parent charitable companvs policies and procedures for compllance with laws and regulations with members of management responsible for compliance. Page 17
citygate church Independent Audltoes Report to the Trustee$ of Citygate Church During the planning meeting with the audit team, the engagement partner drew attention to the key areas which might involve non-compliance with laws and regulations or fraud. We enquired of management whether they were aware of any instances of non-compliance with laws and regulation5 or knowledge of anv artual. suspected or alleged fraud. We addressed the risk of fraud through management override of controls by testing the appropriateness of journal entries and identifying any significant transactions that were unusual or outside the normal course of business. We assessed whether judgements made in making accounting estimates gave rise to a possible indication of management bias. At the completion stage of the audit, the engagement partnerfs review included ensuring that the team had approached their work with appropriate professional scepticism and thus the capacity to identify non-compliance with laws and regulations and fraud. There are inherent limitations in the audit procedures described above and the further removed non- compliance with laws and regulations is from the events and transartions reflected in the financial statements. the less likely we would become aware of it. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or Intentional misrepresentations. or through collusion. A further description of our responsibilities is available on the Financial Reporting Council's website at: www.frc.or auditorsres onsibilitie5. This descriptTron forms part of our auditorfs report. Use of our report This report is made solely to the parent charitable companlls members, as a bodyi in accordance with Chapter 3 of Part 16 ofthe Companie5 Act 2006. Ouraudit work has been undertaken 50that we might state to the parent charitable companrfs members those matter5 we are required to state to them in an auditorfs report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the parent charitable company and the parent charitsble companls members as a body, for our audit work, for this report, or for the opinions we have formed. Nlcholas Ferny1ugh Isenior statutory Audltor) For and on behalf of Saffery Charnpness LLP Chartered Accountants Statutory Audltors Date 7 July 2022 Mldland House 2 Poole Road Bournemouth BH2 5QY Saffery Champne$5 LLP is eligible to att as an auditor in terms of section 1212 of the Companles Art 2006 Page 18
citygate Church Con501idated Statement of Financial ArtNitses {In¢ludi Infome and Expenditure account) For the Year ended 31 December 2021 Unrestrlrted funds 2021 Restrlcted funds 2021 Unaudited 2020 Notes 2021 Income Donations 1,367,992 57,014 1,425.006 622,392 Other trading activities 19,558 19,558 32,270 Charitable activities 7.650 6,698 14.348 2,242 Total Income 1,395,2C(I 63,712 1,458,912 656,904 Expendlture Raising funds Charitable attivities 1,993 615.316 249 28,412 2,242 643,728 5,937 618,846 Total expendlture 617.309 28,661 645,970 624,783 Net IKorne 777,891 35,051 812,942 32,121 Reconclllation of funds.. Total funds brought forward 2,034.219 23,908 2.058.127 2,026,006 Total funds carrled forward 2,812,110 58.959 2,871,069 2,058,127 All gains and10sses are included above. The surplus for the year for Companies Act purposes was £812,942 12020: £32,121) The notes and accounting policies on pages 22 to 37 form part of these accounts. Pa8e 19
Citygate Church Balan¢e Sheets at 31 December 2021 Unaudited 2020 2021 Group Charlty Group Charity Notes Fixed a55etS Tangible assets Investments li 12 2.526,181 2,526,181 131 1,779.189 1,779,189 131 2.526,181 2,526.312 1.779,189 1,779,320 cUrt assets Debtors Cash at bank and in hand 13 32,737 330,(K14 45,218 309,794 32,415 260.685 54,393 235,681 362,741 355,012 293,100 290,074 Credltors: Amounts falllng due within one year 14 117,8531 110.1241 114.1621 111,1361 Net Current assets 344,888 344,888 278.938 278,938 Total assets less Current liabilities 2,871,069 2,871.200 2.058,127 2,058,258 Funds Restilcted funds Unrestricted funds 15 16 58,959 2.812,110 S8.9S9 2.812.241 23.908 2,034,219 23,908 2.034,350 Total funds 17 2,871,069 2,871.200 2.058,127 2,058,258 These account5 have been prepared in accordance with the provisions applicable to companies subject to the small companies. regime. Approved by the Board of Trustees on 28 June 2022 and signed on its behalf by Mr J Salwav Company number: 05 Mr S Theuni55en 99708 The notes and accounting policie5 on pages 22 to 37 form part of these accounts. Page 20
Cltygate Church Consolidated cash flow ststement Year ended 31 December 2021 Unaudlted 2020 Notes 2021 Cash flows from operating artivltie5: Net rash provided by operating activltles 21 139,692 103.622 Cash flow5 from investlng artlvities: Purchase of property, plant and equipment Net cash used in investing artivities {70,3731 140,1711 170.373} 140,1711 Change in cash and cash equivalents in the reportlng perlod 69.319 63.451 Cash and cash equivalents at the beginning of the reporting period 260,685 197.234 Cash and c•sh equivalents at the end of the reportlng perlod 22 260.685 330,004 Page21
citygate Church Note5 to the accounts Year ended 31 December 2021 Accounting policies Basls of preparation The financial statements have been prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards. the Charity Commission Statement of Recommended Practice-Accounting and Reporting by provisions of the Charitles SORP IFRS 1021- Accounting and Reportlng by Charities.. Statement of Recommended Practice applicable to charities preparin8 their occounts in accordante with the Financial Reporting Standard applicable in the UK and Republic of Ireland (effective I January 20191 and the Companies Act 21)06. ctygate Church constitutes a public benefit entity a5 defined by FRSIO2. The trustees consider that there are no material uncertainties about the Charitys ability to continue as a going concern. Consolldation These accounts present the result5 of the Charity and its wholly owned subsidiary City8ate Events Limited. The Charity has taken advantage of the exemption under sertion 408 of Companies Act 2006, not to publish its own Statement of Flnancial Activities. The Charity made a surplus forthe financial year of £812,94212020- £32,121) Investments Investments are stated at historical cost less provlsion for any diminution in value. Fund A¢countl The general unrestricted fund Is avallable for use at the discretion of the trustees In furtherance of the general objectives of the charity. The designated funds represent unrestricted funds earmarked by the trustees for specific purposes. The restricted funds are subjected to restrictlons on thelr expenditure imposed by the donor or throu8h the terms of an appeal. Flxed Assets All fixed assets are initially recorded at cost. All assets costln8 more than £400 are capitalised. Depreciation Depreciation Is calculated 50 05 to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows: Motor vehicles 25% reducin8 balance Other plant and machinery 25% reducing balance Freehold and leasehold property- 2% on a straight line basss Page 22
Cltygate Church Notes to the accounts (continued) Year ended 31 December 2021 Penslon costs The charity operates a defined contribution pension scheme for employees. The assets of the scheme are held separatety from th05e of the charity- The annual contributions payable are charged to the statement of financial activities. Incomlng Resources All incoming resources are included In the statement of financial actNlties when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. Specific policies are applied to particular categories of income. Voluntary income is received by way of grants and donations and is included in full in the statement of financial activities when receivable. Grants, where entitlement is not conditional on the delivery of a specific performance by the charity. are recognised when the charity becomes unconditionally entitled to the grant. Investment income, being Interest. Is included when recelvable. Incoming resource5 from grants which are related to perfomiance and specific deliverables are accounted for as the charity earns the rights to consideration by its performance. Resources expended Expenditure is recognised on an accruals basis as a liability is incurred. Irrecoverable VAT is reported as part of the expenditure to which it relates. Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiarles. It includes both costs that can be allocated dlrectly to such actlvitles and those costs of an indirect nature necessary to support them. Support costs include central funrtion5 and have been allocated to artlvity c05t cotegorie5 on a basis con515tent with the time spent. Governance costs include those costs a550Clated with meeting with constitutional and statutory requirements of the charity and include the accountancy fees and costs linked to the strategic management ofthe charty. 1.10 Cash and cash equlvalents Cash and c35h equivalents comprise cash in hand and other short-temi highly liquid investments that are readily convertible to a known amount of cash and are subject to an inslgnificant rlsk of change in value. 1.11 Flnancial Instruments The group has financial assets and liabilitles of a klnd that qualify as basic financial instruments. Basicflnanclal instruments are recognised initially in the accounts at transartion price, including any transaction costs. At the end of each accounting period, basic financial instruments are recognised at amortised cost. Page 23
citygate Church Notes to the accounts Icontlnuedl Year ended 31 December 2021 1.12 Crltkal estlmate and ludgements and key sources of estimation uncertalnty In the application of the Charity's accounting policies, the trustee5 are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estirnates are recognised in the period in which the estirnate 15 revised where the revision affects only that period, or in the period of the revision and future period5 where the revision effects both current and future period5. Donatlons and legacles Unrestrlcted funds Restricted funds Total funds 2021 Unrestricted funds Restrirted Total funds 2020 Donatlons General gifts 465.307 57,014 522,321 476.527 49,565 526,092 Designated gifts (Building Fund) 902,685 902.685 96,3 96.3iXI 1,367,992 57.014 1.425.006 572,827 49,565 622,392 Other tradlng actlvltles 2021 2020 Rental income 19,558 32,270 All income from other trading artivities wa5 unrestrirted in both year5. Charltsble Actlvltles Unrestrirted funds Restricted funds Total funds Total funds 2021 2020 Other events and activities 7,650 6,698 14.348 2.242 All income from other trading actlvities was unrestricted in the prior year. Page 24
Cltygate Church Notes to the accounts {continued) Year ended 31 December 2021 Analysls of total resources expended Current year (note 71 Other dlrect Costs Inote 61 Support costs Staff Total 2021 Grants Costs of a¢tivltles for generating funds Fundraising expenses 567 567 Costs in respect of City8ate Events Ltd 1,675 1,675 2,242 2,242 Charitable activitie5 Citygate Centre Sunday meetings Mission Youth and children's work Training and teaching Pastoral care 81,344 27,174 28,625 48,163 22,959 30,912 146,616 4.869 26,770 4,172 7.187 1,800 24,505 32.673 24.505 16,335 32,673 32,673 252,465 64,716 129.673 68,670 62,819 65,385 49,773 49,773 239.177 191,414 163,364 643.728 Total resources expended 49,773 239.177 193,656 163.364 645.970 Support staff costs 134,207 1134.2071 373,384 29,157 Page 25
citygate Church Notes to the accounts {continued) Year ended 31 December 2021 Analysls of total resources expended (contlnuedl Prlor year (note 71 other dlrect Costs (note 61 Support costs Staff costs Totsl 2020 Grants Costs of actlvltles for generating funds Fundraising expenses 302 302 Costs in respect of Citygate Events Ltd 5,635 5.635 5,937 5.937 Charitable artivities Cltygate Centre Sunday meetings Mission Youth and children's work Training and teaching Pastoral care 71,877 26,343 27,396 46,732 22,129 29,623 132,744 4,805 16.266 6,242 6,624 2,879 25,181 33,576 25.182 16,788 33,576 33.576 229,802 64,724 126.151 69,762 62,329 66,078 57,307 57.307 224.100 169.560 167.879 618,846 Totsl resources expended 57.307 224.IQKI 175.497 167.879 624,783 Support staff c05t5 136,246 1136,2461 360,346 31.633 Page 26
aty8ate Church Notes to the accounts le(tinUed) Year ended 31 December 2021 Allocatlon of support costs Current year Total Chur¢h Mlsslon Tea¢hlng & Tralnlng 2021 actlvitles actlvltles 8ulldlngs Property Costs Travel costs Staff costs Office c05ts Infomiation Technology Teaching & training costs Finance costs Communications Governance costs: Audit and occountancv Legal and professional Stoff c05tS 2.320 314 115,758 9,194 11,292 181 12371 547 464 63 23,152 1.839 2,2S8 36 1471 109 464 63 23,152 1,839 2,258 36 1471 109 141 52,090 4,137 5,082 82 11071 247 47 17,364 1,379 1,694 27 1361 82 5,187 359 1,037 72 2,334 162 1,037 72 779 53 18.449 3.670 8,302 3,670 2.807 163.364 32,6S3 73,514 32,653 24.544 Prloryear Total Church Mlsslon Teachlng & Tralning 2020 activities activitles BuildSn85 Property costs Travel costs Staff costs Office costs Information Technology Teaching & training costs Finance costs Communications Governance c05t5'. Audit and occountoncv Legol ondpmfessional Staff costs 2.294 1.515 116,588 9.349 9.313 553 442 4,746 459 303 23,317 1,870 1,863 iii 88 949 1,032 682 52,464 4,207 4,191 248 200 2,136 459 303 23,317 1,870 1,863 iii 88 949 344 227 17,490 1.402 1,396 83 66 712 4,854 359 971 2,184 162 971 728 72 72 53 17,866 3,573 8,040 3,573 2,680 167,879 33,576 75,546 33,576 25,181 Page 27
Clty8ate Church Notes to the accounts {contlnued) Year ended 31 December 2021 Grant expendlture The charity made the followlng grants durlng the period: Worldwlde 2021 Local Worldwlde 2020 Mission work in India Mission Yrk in Beirut Mission work with the poor Commission Apostolic Trust Limited - We5tpoint Other local mission work 5,640 12,000 1.5fyJ 5,640 15.000 12,0(Kl 15,000 1,5110 1,500 1,500 8,858 8,858 11.053 11.053 21,775 21.775 24.114 24,114 23.275 26,498 49,773 25,614 31.693 57,307 Net Incomln8 resources tor the year This is stated after chargin8'. 2021 2020 Depreciation Independent examinerfs fees Auditorfs remuneration 88,993 77.798 5,758 7,950 Page 28
citygate Chur¢h Note5 to the accounts (continued) Year ended 31 December 2021 Staff costs Total staff costs were as follows.. 2021 2020 Wages and salaries Social security c05ts Pension costs 339,677 22,227 11,480 329,858 20,732 9,756 373,384 360,346 The average numbers of employees during the year. calculated on the basis of full-time equivalents, was as follows-. 2021 2020 No 13 Average number ofemployees 14 No employee earned over £60.000 during the current or prior year. During the year the key management personnel received remuneration, including national insurance contributions. of £135.69712020'. £130,432) io Trustees. remuneration The Memorandum of Association authori5e5 the payment of remuneration to trustees for services other than acting as a trustee. The following paragraphs outline the payments so made. Mr S Theuni5sen is a trustee of the Charity. During the year. Mr S Theunissen recelved a salary of £36,76712020.. £35,1XJOl and pension contributions of £1,52612020: £1,295) were made on his behalf. for his role as finance director. Mr R White is a trustee of the Charity. During the year, Mr R White received a salary of £44,79712020: £43,272) and pension contribution5 of £1.92812020.' £1.6671 were made on his behalf, for his role as Elder of the Church. No other trustees received any remuneration during the current or previous year. No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charlty durlng the current or previous year, other than as disc105ed in note 18. No expenses were reimbursed to any trustee during the current or previous year. other than as disclosed in note 18. Page 29
citygate Churth Note5 to the accounts (continued) Year ended 31 December 2021 li Tan8lble flxed assets- Group and CharTty Land and buildings Other plant & machinery Total Cost or valuatlon At l January 2021 Additions 1,926,212 818,153 384,236 17,832 2.310.448 835,985 At 31 December 2021 2,744.365 402,068 3,146,433 Depreclatlon At l January 2021 Charge for the year 269.688 55,586 261.571 33,407 531,259 88,993 At 31 December 2021 325.274 294,978 620,252 Net book value 31 December 2021 2,419,091 107,090 2,526,181 31 December 2020 1,656.524 122,666 1,779,189 Land and buildings represent costs incurred in respect of premises in long leasehold property totalling £1,926,44012020.' EI.926.2121. Depreciation charged in respect of the property amounted to £39,228 12020: £39.228 12 Investments Movement In value: 2021 2020 Group Charlty Group Charity Cost at 31 December 2021 and 31 Dember 2020 131 131 Hlstorlcal c05t at 31 December 2020 131 131 The charity own5 100% of the issued share capital of Citygate Events Limited, a company registered in England and Wales1077344791. The subsidiary undertaking. Citygate Events Limited lets and operates the conference and exhibition centres of the Citygate Centre. Page 30
Cltygate Church Notes to the attounts (tontinued) Year ended 31 December 2021 12 Investments {contlnuedl A Summary of the subsidiary undertaking results for the year is given below: 2021 2020 Gross income Gross expenditure (excluding gift aided profits to charitvl 19.558 11,6761 32,270 15,634) Net Surplus before donating profits to charity 17.882 26.636 At the balance sheet datethe aggregate share capital and reserves of the subsidiary undertaking stood at £112020.. £11 13 Debtors 2021 2020 Group Charity Group Charity Trade debtors Amounts owed by group undertakin85 Prepayments VAT recoverable Gift aid debtor Other debtors 6,614 2.564 17,233 15.722 112 6,234 3.353 6.662 580 15,722 815 6,234 3,352 15,939 583 5,849 3,382 15.939 583 5,849 3,382 32,737 45,218 32,415 54.393 14 CreditOTS 2021 2020 Group Charlty Group Charfty Amounts due wlthln one year: Trade credltor5 Deferred income PAYE and social security Arnount5 due from group undertakings Accruals 7,040 7,729 273 10,778 10,728 273 23 385 23 385 2,811 2,811 2,976 17,853 10,124 14,162 11.136 Page 31
citygate Church Notes to the accounts (continued) Year ended 31 December 2021 15 Restrlcted Income funds Group and Charlty Current year Balance at ljanuary 2021 Balance at 31 December 2021 Incomlng re50urce5 Outgoln8 resources Transfers Oasis refuge Vogel The Ark Community Hub Youth D Goldsworthy- The Ark Covid-19 Vocal Christmas Hamper Appeal Sleepsafe Westpoint restricted Support & Outreach DCF Southbourne 38 38 2,955 2,955 3,666 3.451 895 1.191 3,666 20,568 895 893 19,065 1,948 298 6.123 103 935 8,154 4,940 2,845 8,174 1,286 11,9101 2.634 2,654 524 120 5.246 523 120 5,246 7,5 25.¢XN) 7,500 25,000 Totsl 23,908 63,712 28.661 58,959 Page 32
citygate Church Notes to the accounts (continued) Year ended 310ecember 2021 15 Re5trlrted Income funds {contlnued) Group and Charity Prlor year Balance at l January 2020 Balance at 31 December 2020 lftcomln8 resources 01rt8oing resources Transfers Oasis refuge Thomson The Ark Community Hub Youth D Goldsworthy- The Ark Covid.19 Priests donation Christmas Hamper Appeal Sleepsafe Westpoint restrirted Support & Outreach 38 38 10.650 4.51x1 5,382 895 10.650 877 1,931 43 3.666 3.451 895 1.191 397 1.588 11.849 50 9.989 5,726 50 8,988 6,123 1,653 2,654 571 120 47 524 120 5,246 6,250 1,004 Totsl 2,425 49,565 29.670 1,588 23.908 Restrlrted funds are made up as follows: Oasis Refuge- Donation received specifically for our work wlth the Women's Refuge. Vogel - An emergency 5UPPOrt fund set up for a South African family who were unable to access government support due to immigration complications during the Covid pandemic. This fund was a tool for one of the church life groups to donate anonymously to support the family. The Ark- A donation given by the ASDA Foundations for Citygate Church's work among the poor and vulnerable. A large proportion of the activities relate to work among the homeles5. Community Hub~Afund to supportcitygate Community Hubwhlch Is a partnershlp of local agencles, charltles and churches in Bournemouth supporting people with social, financial and health issues. It is secure drop-in providing emergency food in partnership with Bournemouth Foodbank and support to local people in cri515. Youth- A donation to be used for our Youth ministry. D Goldsworthy-The Ark- A donation to support our work with the poor and vulnerable including the homeless. Covid-19 A fund set up to support those affected by Coronaviru5 who are not able to ac55 government support. Page 33
Citygate Church Notes to the accounts {contlnued) Year ended 31 December 2021 15 Re5trlrted Income lunds (continued) Vocal - Donations received from our vocal communlty to support the costs of professional training and trips. This is a new fund, which is currently in a deficit but is expected to be self-sustaining going forward. Christmas Hamper Appeal - A project Set up in partnership with Bournemouth Foodbank and other local agencies. to provide food hampers to families in crisis at Christma5. Sleepsafe-A projert set up in partnership with Faithworks Wessex and other lo¢al churches to provide shelter at the Citygate Centre for the homeless during the coldest months of the year. We5tpoint restricted- Donations received speciflcally to fund individuals Westpoint Event costs. Support & Outreach-A donation to 5UPPOrtthose in need of ouroutreach work. DCF- A fund used to help cover stock costs for the hamper project and some salary required for our Communlty Worker to ensure the food bank remains operational. Southbourne- A fund used for development of the new Solrthbourne site. 16 UnrestriL*ed funds Group Current year Balance at l January 2021 Losse5 On revaluatlon nransfers Balance at 31 December 2021 Incomlng resources Outyoing Resources Designated funds- Building SoiJthbourne- Cash Southbourne- Building 63,067 99.652 37,421 78,071 12.472 126,361} 58.287 24,949 765,612 16,359 52.313 801.566 63,067 902,685 106,902 25.952 884.802 General funds 1,971,152 492.515 510,407 125,952} 1,927,308 2,034,219 1.395.2CMJ 617.309 2,812,110 Page 34
citygate Church Notes to the accounts (contlnued) Year ended 31 December 2021 16 Unrestrlcted funds (conllnuedl Charity Current year Balance at ljanuary 2021 Losses on Outgoln8 revaluatlon Resources ITran5fer5 Balance at 31 December 2021 Incomln8 resource5 Designated funds.. Building Southbourne - Cash Southbourne - Building 63,067 99,652 37,421 78,071 12,472 126.3611 58,287 24,949 765.612 16.359 52.313 801.566 63,067 902.685 106,902 25,952 884,802 General funds 1,971,283 492,515 510,407 125,9521 1,927,439 2.034,350 1.395.2(M) 617,309 2.812.241 Group Prlor yeor Balance at l January 2020 Losses on revaluation nranslers Balance at 31 Dernber 2020 Incorning resources Outgoing Resources Designated fund Building General fund5 61,929 96.300 95,162 63,067 1,961,652 511.039 499,951 11,5881 11,5881 1,971,152 2,023,581 607,339 595,113 2,034,219 Charlty Prloryeor Balance at ljanuary 2020 Lo55e5 on Outgoln8 revaluatlon Resources /Transfers Balance at 31 December 2020 IncomSn8 resour5 Designated fund Building General funds 61,929 96.3C 95,162 63.067 1,961,783 505,404 494,316 (1,5881 {1,5881 1,971,283 2,023,712 601,704 589,478 2,034.350 Designated funds are made up as follows- The Building fund relate5 to monies set aside in case of emergency works required to be carried out on the building. The Southbourne cash fund relates to the cash transferred from Southbourne Evan8ellcal Church during the year, set aside to be spent on future church running costs. The Southbourne building fund relate5 to the asset transferred from Southbourne Evangelical Church during the year, held as freehold property. Page 35
citygate Church Notes to the accounts (contlnued) Year ended 31 December 2021 17 An•lysls of net assets between funds Fund5 balances are represented by: Group Unre5trfrted funds 2021 Restrlcted fund5 2021 Total Unrestrlrted funds funds 2021 2020 Restrfcted funds 2020 Totsl funds 2020 Tangible fixed assets Net current assets 2,526,181 2,526,181 1,779,189 1,779.189 285,929 58,959 344.888 255.030 23,908 278,938 2.812.110 58,959 2.871.069 2.034.219 23,908 2.058,127 Charity Unrestrlcted Restrlcted funds 2021 Total Unrestrlcted funds funds 2021 2020 Restrlcted Total funds 2020 funds zozi lunds 20ZO Tangible fixed 355ets Fixed asset investments Net current assets 2.526.181 2,526,181 1,779,189 1,779.189 131 131 131 131 285,929 58,959 344,888 255.030 23,908 278,938 2.812.241 58,959 2,871,21]0 2,034,3SO 23.908 2,058,258 Designated fund5 consists of £801.566 {2020- nil) tangible fixed assets and £82,28412020.. £63,067) net current assets. 18 Related party transartlons During the year, 2 trustees12020: 31 were reimbursed £69512020: £1.1281 for travel expenses. The charity own5 100% of the issued share capital of Citygate Events Limited, a company incorporated on 9 August 2011. Mr S D Theunissen and Mr J S Salway are directors of this company. As at 31 December 2021 City8ate Events Llmited owed Citygate Church £17,23312020- £28,060) which prlmarlly relates to the gift aid distribution payable. Page 36
citygate Church otes to the accounts {continued) Year ended 31 December ZOZI 19 Company Ilmited by guarantee Citygate Church 15 a company limited by guarantee and therefore has no share capital. In the case of a windin8 up each member has guaranteed to contribute an amount not exceeding £10. At 31 December 2021 the total of such guarantees was £4012020: £30). 20 Taxatlon Cltygate Church is a registered charity and can claim exemption from Corporation Tax on income and gains which are applied for charitable purposes under section 505. Income and Corporation Taxes Act 1988. The subsidiary company is subjert to Corporation tax. 21 Reconclllatlon of net Income to net cash flow from operatlng artItIeS 2021 2020 Net Incorne for the reportln8 perlod (as per the statement of financial artivitiesl Depreciation Ilncreasel/decrea5e In debtors Increase/{decreasel in creditors Donated fixed a55ets 812,942 32,121 88,993 13221 3,691 1765,6121 77,798 6,592 112,8891 Net cash inflow from operating activity 139.692 103,622 22 Analysls of changes In net funds Balance at lJ•nuary 2021 Balance at 310ecember 2021 Cash flows Cash in hand 260.685 69,319 330,004 260,685 69,319 330,IYM Balance at l January 2020 Balance at 31 December 2020 Cash Ilows Cash in hand 197,234 63,451 260,685 197,234 63,451 260,685 Page 37