Company Registratlon No. 05899708
Charity Registration No. 1117985
Citygate Church
Report and Financial Statements
31 December 2023

City8ate Church
Contents
Page
Trustees and Trust Information
Report of the Trustees
Independent Examinerfs Report to the Trustees
14-15
Consolidated Statement of Financial Activities
16
Balance Sheet
17
Cash flowstatement
18
Accounting Policies
19-20
Notes to the Accounts
21-35

Citygate Church
Trustees and Trnst Infomation
Year ended 31 December 2023
Trustees
Mr I Salway
Mr S D Theunissen
Mr R White
Mr N Beal
Ms. R Millard
Mrs C Smith
Mr M Truesdale (appolnted 27 lune 2023)
Secretary
Mr S D Theuni5sen
Independent examlners
Saffery LLP
Midland House
2 Poole Road
Bournemouth
Dorset
BH2 5QY
Solicitors
Lester Aldridge
Russell House
Oxford Road
Bournemouth
Dorset
BH8 8EX
Bankers
HSBC Bank PIC
59 Old Christchurch Road
Bournernouth
Dorset
BHI IEA
Company Registration Number
05899708
Cbarlty Number
1117985
PrlDcipal Office
138A Holdenhurst Road
Bournemouth
Dorset
BH8 8AS
Elders
Mr R White
MrT Francis
Mr S Theunissen
Mr A Oates (resigned 15 September 2023)

citygate Church
Report of the Trustees
Year ended 31 December 2023
Tru5tee/Dlrectors Report
The trustees, who are also directors for the purposes of company law, have pleasure In presenting their
Report and Financial Staternents of the Charity for the year ended 31 December 2023.
The trustees named above served throughout the year.
Oblectlves and Actlvltles
Principal Aims & Objectives
The main objectives of Citygate Church are to adwance the Christian faith, to proclaim and fvrther 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 vI￿e 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
deterniine.
PriDcipal Activitles
In order to achieve Its objectives, Citygate Church work5 through the following core activities:
l. Sunday meedngs- Citygate Church meets on Sunday mornings for worship and preaching of the
gospel message.
2. Teaching and Training
Alpha- a series of semlnar5 and discussion groups forchrlstlans and non Christians alike.
used to help people from all backgrounds to explore Christianity.
b. Rooted course - a course for those seeklng to become members of Citygate Church. The
course enable5 anyone to explore the vision of Citygate Church.
c. A number of other courses are run throughout the year including Baptism courses.
Marriage courses, Leadership and equipping courses as well as enCOura￿.￿g and
supporting many courses and conferences run by Cornmission, the group of churches we
are involved with.
3. Youth and children'5 work, S￿dents to twenties
Citygate has a wide range of activity groups for children. Our Sunday activities Indude age
appropriate groups for children across our sites and congregations which aim to teach the authentlc
Christian message through fun and engaging activities. There are also two youth groups for ages 11-
18 who meet midweek and on Sundays. These groups are fun. thriving communities where young
people grow and develop in thelr falth.

Citygate Church
Report of the Trustees
Year ended 31 December 2023
Students- Citygate students reach out to those in higher education, at BU and AUCB. We are regularly
engaging with around So students per week providing teachin& prayer and community.
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 as leading a local
church.
Zambia Mission Support- supporting lon and Jo Lake in Zambia, as part of a team working
with Mission Geeks to bring the gospel message to this area.
Commission Apostolic Trust Ltd- Citygate is committed to supporting Commission in its
vision to plant churches. training leaders, reach the nations with the gospel and support
the poor. Citygate give regularly to the work of Commission nationally and
internationally.
b. Local Mission Work
Little Acorns- a weekly toddlers group gathering at our Southbourne site. This work has
been a regular part of Citygate for many years and contt'nues to be one of our most
regularly attended group5
Truth be Told
a weekly intergenerational storytelling group which seeks to bulld
community amongtheyoungestand oldest in our communities.
Life Groups - We run a number ofLife groups which meet in each other's homes or at our
sites. These groups are essential to the life of Citygate Church as we seek to live life in
Jesus, in community and on mission together and build genuine relationships. 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 opportunities for people to meet in groups of 3-4 during the
week to studythe bible and build Èach other's faith. We have made these groups possible
through accessible content on our website.
Citygate Community Hub - The Citygate Community Hub is a partnership between
Citygate Church and a number of agencies including Bournemouth Foodbank, providing
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 ofsupport, 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.

citygate Church
Report ofthe Trustee$
Year ended 31 December 2023
Achievements and performance
Overview
In 2023 Russell White, Lead Elder of Citygate Church, with the support of the leadership team and staff.
brought our focus on the Kingdom of God.. looking at how we as disciples can be a blessing to our
communities and workplace5.
Our Community Hub continues to offer vital support to people in need. In 2023 we were able to offer
3509 Food Bank parcels, and provided 158 caseworkers appointments. Alongside our partner
organisations we delivered over 1500 drop in appointments. Our Hub team is able to come alongside
those in need over a period of time and help access Support from relevant agencies. The Hub is open 5
days a week providing relief, restoration and reform to those in need.
We gather every Sunday across our two sites (Bournemouth and Southbourne) as a church community
to worship. pray and hear teaching from the Bible. We continue to stream our church meetings from our
Bournemouth site.
Our venue income at the Citygate centre decreased significantly through the pandemic. Through 2022 we
started to see our venue income slowly increase and in 2023 it rose further to £60,588. Included in our
venue income was turnover from Arch Coffee House. which was launched in November 2023.
By the end of2023 we saw around 100 new members added. 19 people baptised, 28 people completed
our Alpha courses. 1029 people received our welcome bags giving them an opportunity to be a part of
the church community. and 20 people became Christians.
Although numerical growth is important. we are more concerned with personal lives being changed by
the gospel and we are therefore thrilled with the many testimonies of people who have been affected in
this way throughout the year.
Revlew of the yearfs artlvltles
Each of the areas of activities of Citygate Church along with the development of the Citygate Centre are
outlined below with significant achievements for 2023 noted.
l. Sunday meetings
One of Citygate Church's key activities are our Sunday meetings where our focus is to worship
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 find their place in Citygate Church.
Our average attendance across both sites in 2023 was 688 per week.
We continued to stream our meetings everyweek through 2023 and have seen consistentviewers
and people finding Citygate through our YouTube channel.
In 2023 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.

Cltygate Church
Report ofthe Trustees
Yearended 31 December 2023
2. Teaching and training
Our Alpha Courses were well attended in the year. We also had 124 people attend our Rooted
course which helps people get established in building community and released into mission.
3. Youth and children's worK students and twenties
Our children and youth work has continued to develop. We contt'nued to provide engaging content
for our children through our Sunday gatherings acr05S Slte5. Our Hero Party in October was a great
success with around 420 children and their families attending.
Our Youth team gather around 60 youth every week on Friday nights and also gather on Sunday
nights for more in depth discipleship. Our team took over 60 youth to the Newday event in 2023 for
times of worship, teaching and building community.
4. Mission Work
Worldwide
The projects in Tamil Nadu in India are continuing to serve the local comtnunity, with two
churches now established, a school serving over 600 pupi15, as well as an agricultural initiative.
There is also a children's home to care for orphans and vulnerable children.
We started to support lon and lo Lake in their missional work in Zambia partnering with
Mission Geeks, provide social transformation alongside the serving and support a local church.
Our support to Commission Apostolic Trust, both in time and monetary resources. is helping to
support churches being started. leaders being trained and equipped, and communities being
transformed by the Christian message both nationally and internationally. We also provide free
office space to Commission throughout the year.
Local
Our established local ministries and projects such as Little Acorns continue to support and
serve the local community. Our community ministries also serve different spheres of our society
and they have eontinued to gather momentum in 2023. We also have a number oflocal
missional partners who we support in a number of ways who enable us to fulfil our mission.
Ministries
Mighty Oaks A coffee morning for the over 60s, providing frtendship and support on a
weekly basis.
Transfom- A support and bible studygroup forthose in recovery from addiction.
Student ministry
Supporting students through teaching. building community and
discipleship every Tuesday night during term time.

citygate Church
Report of the Trustees
Year ended 31 December ZOZ3
Missional Partners
Bournemouth Foodbank- Providing emergency food and support to local people in crisis.
Safe Families - Offering hope, belonging and support to children, families and care Eivers, in
partnership with local churches.
PACE - Helping everyone in schools explore the Christian faith through assemblies, lessons and
lunchtime clubs.
Teen Challenge Dorset - Helping young people who have developed life controlling problems,
especially drug and aleohol addiction.
Christmas Hamper Appeal - Each year, delivering over 200 hampers to families in cri515 over the
Christmas period.
Bournemouth Town Pastors- Showing the love of Jesus, in practical and non-iudgemental ways.
by providing items to help those in need on nights out in Bournemouth town centre.
- A21- An anti-human tralTicking charity promoting awareness and support for victims ofhuman
traTricking.
These groups are making a tangible difference in people's lives and we are seeing a number of those
attending
The Citygate Centre
The Citygate Centre is being significantly utilised by Citygate Church ministries as well as the wider
community.
Citygate Events Ltd, Citygate Church's trading arm, having started trading in 2014, continued in its
activity throughout 2023. 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 enterprises to corporate
businesses as well as Citygate and Commission ministries.
Citygate Events Ltd had turnover of £60,588 [2022.. £54,620) for the year. This income includes Arch
Coffee House that was launched in November 2023. We took the decision to continue to give Commission
the use of some office space. This income has allowed us to significantly sub5idise the centre running
costs and we look to grow our turnover in subsequent years.
Communications and resources
Throughout 2023 we continued to develop our website. Our website traffic has significantly increased
over the last few years and is often a person's first interaction with Citygate church as well as our main
way of finding out and signing up to Citygate events that are run.
In 2023 we continued to invest significantly in our social media activity. Natalie King has formulated and
implemented a strategy for engaging our Citygate family and guests on Instagram and Facebook and we
are seeing high levels of engagement. We were able to take on a part time Communications assistant who
supports Nat King in her role as communications manager. We also send regular updates on Citygate
attivities through our weekly e-bulletin.

citygate Church
Report of the Trustees
Year ended 31 December 2023
Incoming resources
Total incoming resources for the year were £866k (2022: £714kJ. This income is made up of donations,
event ticket income. rental income. In 2021 the Southbourne Evangelical Church buildingwas transferred
to the Citygate Charity. Gifted profits from Citygate Events Ltd.
Undesignated donations are mainly received from Citygate Church members and those who would call
Citygate their church. These gifts amounted to £645k (2022.. £534k). Gifted profits from Citygate Events
Ltd amounted to £33k (2022= £48k}.
The trustees set out some funding objectives for the gift week in 2023. Funds raised during the gift
week were to fvnd major projects such as,. the development of the Southbourne site, investing in a cafe
at our Bournemouth site, and supporting local and global missions. From gift weeks. we raised
donations of£98k [2022.. £68k).
Future objectives
As a church we saw unprecedented growth in attendance on our Sundays and mldweek events in 2023.
We started a second morning meeting atour Bournemouth site to accommodate ourgrowth and capacity-
In 2024 our Vksion wtll continue to be 'seeing lives transformed, every dayi acr055 the ba￿ but our focus
for 2024 will be on building on our infrastructure to sustain growth. We will be purchasing a new site for
our Southbourne congregation which is almost at capacity.
We will look to grow our Community Hub and resource a caseworker role and continue to partner with
agencies that bring relief to those in need. We will look to partner and set up social action ministries that
bring restoration and be a voice for social reforni.
Citygate Church is now a multisite church and we believe that more sites will be added over the years in
order to see lives transfonned across the bay. We will continue to welcome visitors from all walks of life
whether through our community outreach or during our Sunday services and integrate them into
Citygate church, helping them to find their place to belong.
Our Alpha courses will continue to be key activities in helping people to explore Christianity and grow i
their faith.
Finally, continuing to build a strong administrative base is keyin orderto facilitate growth in all the above
pursuits and demonstrate sustainable good practice as a UK charity.
Grant maklng poliry
Grants are made to organisations or individuals that we have long standing relationships with.
We brought an end to our regular financial sUPPOrt to Steve and Beth Deveraj, who have moved back to
the UK We are privileged to have been able to support their work in Tamil Nadu in India, starting a
school and church.

citygate Church
Report ofthe Trustees
Year ended 31 December 2023
We have brought an end to our regular financial support of Dave and Karen Priest who were workittg in
the Middle East as part of a mission team reaching into thi5 area. They have moved back to the UK and
are serving as part of Citygate Church.
We have continued to support our missional parthers: The PACE Trust,. Teen Challenge Dorset; Safe
Families,. Bournemouth Town Pastors, A2 1.
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 £30,000.
Reserves Policy
The trnstees review the chariWs reserves regularly in the light ofcharity Commission guidance. The
trustees believe that the charity should hold free reserves of between three and six month5 of regular
church giving income, as it is believed that this will provide sufficient funds to respond to any shortfalls
in donations and event income and would cover all costs in unforeseen circumstances.
The charl￿S current reserves position is as follows..
The total funds held by the charity at 31 December 2023 are £2,830k [2022.. £2,846k).
There is £50k [2022-. £64k} for restricted lunds. Restricted funds arise where gifts are received
for specific purposes as outlined by the giver. Expenditure is distributed in line with these
requirements. In 2023 Citygate Church received donations and other income to the value of £33k
for restricted purposes. The apportionment of the funding is specified in note 16 of the accounts.
£817k (2022.. £852k) has been designated by the trustees at 31 December 2023. The balance
designated at 31 December 2023 is the amount that the trustees feel should be set aside in case
of emergency works required to be carried out on the building.
Within the total funds there is £1.670,909 [2022: £1,555,365) which could only be realised by selling
the fixed assets held by the charity.
The total free reserves held by the charity at the year-end are £295.860 (2022.. £374,635}. This amount
is within the policy set by the trustees as three to six months of regular church income [£215k and
E430k).
SupporL volunteers and other organlsatfions
Citygate Church is only able to continue in the work it does because of the time and resources given by
volunteers. The trustees express their thanks for the ongoing generosity of individuals irL 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 22 members of staff [both full-time and part-time)

Citygate Church
Report of the Trustees
Year ended 31 December 2023
The trustees wish to tske this opportunity to thank all stsff, past and present, for their service and
commitment
Remuneradon polley
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 a systematic basic and weighted depending on the level of responsibility and value that each
category is to the organisation. Appraisal review feedback is also given to the trustees and used in
detennining where on the scale each employee is performing based on the matrix.
Salaries are reviewed at the end of each financial year and coincide with the produetion of bltdgets. 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 belief of the Christian faith. The nature of this
work varies enormously, but typically. churches will engage in a number of different projects a recent
survey of churches associated with 'Commission', found that each church was involved in an average of
seven social action projects. The most common are:
Mothers and toddlers group5
Marriage counselling /courses
Community festivals1￿n days
Debt counselling
Children's clubs (not including Sunday school type activities)
School assemblies / RE work
Parenting helplcourses
Food distribution
Caring for the Elderly [not exclusively for church members) Youth work
While these are the most Cotnmon, there are rnany others which churches run, and also in conjunction
with other churches in their local vicinity. These include street patrols. sex workers/ traffickin
pregTrancy/postabortion help, working with the homeless and other community improvement initiatives
(such as clean ups). Working with those in or recovering from addiction (e.g. drugs/alcohol) is also a
common social action project among this family of churches. Citygate Church is involved in most of the
above actlvities and its work among those in recovery from addirtion and abuse as well its support and
reaching out to sex workers, is benefiting the community it serves.
Our public meetings on Sundays provide an opportunity for teachin& 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 sense of community and also to envision church members to serve their own local
community.
The trustees believe that the charity meets the public benefit requirements and have Complied with the
duty in Section 4 and 17 of the Charities Act 2011 and that we have given due regard to the guidance
issued by the Charity Commission on delivery of public benefit. including the Supplementary Guidance.
io

citygate Church
Report of the Trustees
Year ended 31 December 20Z3
Structure, 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 companls Memorandum of Association established
the objects and powers of the charitable company. The company is governed by its Articles of Association.
Recruitment and appointment of Trustees
Trustees are recruited and appointed by the members 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 may
also appoint a director to serve until the next Annual General Meeting, at which time he or she would
cease to hold office but would be eligible for election.
Induction and training of trustees
All trustees are considered to be highly experienced and skilled individuals. Training is provided where
considered necessary.
Organisational structure
Overall, Citygate Church is led by Russell White and a team of elders. They are responsible 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. which leadership is accountable to God for every aspect of church life
including the oversight of the work of the Trustees.
The board of trustees consists of two executive trustees, of whom 2 are elders (Russell White and Sean
Theunissenj. and 4 nonexecutive trustees. The non-executive trustees bring experience and expertise
in business. human resources. risk management, inforniation governance, security and law.
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.

Citygate Church
Report of the Trustees
Year ended 31 December 2023
Related parties
The charity was born out of a movement of churches In the United Kingdom and across the world called
Newfrontiers. Newfrontiers ha5 now multiplied into a number of networks which work both individually
and in partnership where there is 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 Comrnission
Apostolic Trust Limited. The charity wa5 established on 14 November 2012 and runs the above activities
under its charitable objectives.
Risk management
The trustees have overall responsibility for the charitys internal control. Such a system can provide only
reasonable and not absolute assurance against errors or fraud. There is a clear delegation of the trustees.
authority through the executive trustees and the elders to the rest ofthe 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 charity against the
budgeton a monthly basis.
A register of the risks faced by the charity is being developed, identifying the major strategic and
operational risks faced and how they are being managed. The major risks identified are reputational risk
and loss of key staff.
Citygate Church is developing a register of the key risks identified. Reputational risk is managed
through a number of strategies including accountability ofsenior leaders and clear management of
ommunications and public relations. Loss of key stsff risks are rnitigated to an extent through the
perfomance appraisal proces5 which encourages open communication and line management of staff,
as well as a cleaT policy on reviewing salaries and other benefits.
The trustees are satisfied that systems are in place to monitor, manage, and mitigate the charities
exposure to major risks. They consider that the development ofthe Chari￿5 reserves and reviewing
internal controls and risk will provide the eharity with adequate risk assurance and su￿1¢￿ent resources
in the event ofadverse conditions. They also recognise that the nature of some ofthe charitys work
requires active acceptance and management of some risks when undertaking activities to achieve the
objeetives of the charity.
Tn￿tees. responslbllldes In relation to the flnandal statements
The charity trustees are responsible for preparing a trustees, annual report and financial statements in
accordance with appllcable law and United Kingdom Accounting Standards [United Kingdom Generally
Accepted Accounting Practice).
Company law requires the charity trustees to prepare financial statements for each year which give a
true and fair view of the state of affairs of the charitable company and of the incoming resources and
application of resources. including the income and expenditure, of the charitable company for that
period. In preparing the financial statements, the trustees are required to..
select suitable accounting policies and then apply them consistently..
observe the methods and principles in the Charities SORP;
12

Citygate Church
Report of the Trustees
Year ended 31 December 2023
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 explained in the financial statements..
prepare the financial statements on the going concern basis unless it is inappropriate to presume
that the charlty 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 with 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.
The trustees are responeible for the maintenance and integrity of the corporate and fiiiancial infonnation
included on the charitsble CoMpan￿S website. IEgislation in the United Kingdom governing the
preparation and dissemination of financial statements tnay differ from legislation in other jurisdictions.
Independent Examiners
Saffery LLP, the Chari￿s independent examiners are wllllng to remain tn office and a resolution to
reappoint them will be proposed at the Annual General Meeting.
The Trustees have taken advantage of the small companies, regime in preparing the Report to the
Trustees.
half of the Trustees:
Mr I S Salway
Chair of Trustees
Date 25 June 2024
13

Citygate Church
Independent Examlnerfs Reportto the Trustees of
Cltygate Church Limited
I report to the charity trustees on my examination of the accounts of the Charity for the year ended 3 1
Decetnber 2023.
Respective responsibilities of trustees and examiner
As the charitys trustees ofthe Company (and also its dirertors for the purposes ofcompany law} you are
responsible for the preparation of the accounts in accordance with the requirements of the Companies
Art2006 {'the 2006Arf).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of
the 2006 Act and are eligible for independent examination. I report in respect of my examination of your
charl￿S accounts as carried out under section 145 ofthe Charities Act 2011 Cthe 2011 Act). In carrying
outmy examination I have followed the Directions given by the Charity Commission under section 145(5}
(b) of the 2011 ACL
Basls of Independent examlnerfs report
My examination was carried out in accordance with the general Directions given by the Charity
Commission. An examination includes a review of the accounting records kept by the charity and a
comparison of the accounts presented with those record5. It also includes considerdtion of any unusual
items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such
matters. The procedures undertaken do not provide all the evidence that would be required in an audit
and consequently no opinion is given as to whether the accounts present a 'true and fair view and the
report 15 limited to those matters set out in the statement below.
Independent examlner's statement
Since the Company's gross income exceeded £250,000 your examiner rnust be a mernber ofa body listed
in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a
member of ICAEW. which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection
with the examination giving me cause to believe..
accounting records were not kept in respect of the Company as required by section 386 of the
2006 Act: or
2. the accounts do not accord with those records: or
3. theaccountsdo notcomplywith theaccountingrequirementsofsection396ofthe 2006Aetother
than any requirement that the accounts give a 'true and fair view which is not a matter
considered as part of an independent examination- or
4. the accounts have not been prepared in accordance with the methods and principles of the
Statement of Recommended Prartice for accounting and reporting by charities applicable to
charities preparing their accounts in accordance with the Financlal Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102).
14

Citygate Churth
Independent Examlnerfs Report to the Trnstees of
Citygate Church Limited
I have no concerns and have come across no other matters in connection with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be
reached.
S• LLP
Casidhe Baleri ACA CTA
Forand on behalfofsaffery LLP
Chartered
Accountants
Midland House
2 Poole Road
Bournemouth Dorset
BH2 5QY
Date..
11 July 2024
15

Citygate Church
ConsolSdated Statement of Flnanclal Activities (including Income and Expenditure account)
For the Year ended 31 December 2023
Unrestrlrted
funds
Z023
estrlrted
funds
2023
Notes
2023
2022
Income
Donations
742.867
Z5,700
768,567
636,494
Other trading activities
60.588
60,588
54,620
Charitable activities
29,425
7,187
36,612
22,858
Total income
832,880
32,887
865,767
713,972
Expenditure
Raising funds
Charitable activities
28.285
803,296
371
46,532
28.656
849,828
7.549
731,911
Total expenditure
831,581
46,903
878,484
739.460
Net deflclt
1,299
(14,016)
(12.717)
[25.488)
Reconciliation of funds..
Total funds brought forward
2,781.974
63,607
Z,845.581
2,871,069
Total funds caTried forward
2,783,273
49,591
2,832,864
2,845,581
All gains and losses are included above. The deficit for the year for Companies Act purposes was
£12,717. (2022- Deficit £25,488)
The notes and accounting policies on pages 19 to 35 forni part of these accounts.
16

Otygate Church
BalaDce Sheets at 31 December 2023
2023
Group
2022
Charfty
Group
Charity
Notes
Fixed assets
Tangible assets
Investments
li
12
2.439,757
2,439,757
131
2,451.220
2,451.220
131
2,439,757
2,439,888
2,451,220
2,451,351
Current assets
Debtors
Cash atbank and in hand
76,748
341,607
13
52,517
401,415
86,799
341,532
34,340
393,879
453,932
428,331
428,219
418,355
Credltors: Amounts falling due
within one year
(60,825)
(35,225}
(33.858)
(23,994)
14
394,361
Net current assets
393,107
393,106
394.361
Total assets less current
liabilitles
2,832,864
2,832,994
2,845,581
2.845,712
Funds
Restrirted funds
Unrestrfirted funds
15
16
49,591
2,783.273
49,591
2.783,403
63,607
2.781,974
63,607
2,782,105
Total funds
17
2,832,864
2,832,994
2,845,581
2,845,712
These accounts have been prepared in accordance with the provisions applicable to companies Subject
to the small companies. regime.
Approved by the Board ofTrustees on .-J
and signed on its behalf by
r I Salway
Company number: 05899708
Mr S Theunissen
The notes and accounting policies on pages 19 to 35 fonn part of these accounts.
17

Citygate Church
Consolidated cash flow statement
Year ended 31 December 2023
Notes
2023
2022
Cash flows from operating actlvltfies:
Net cash provided by operating
activltles
21
87,362
71,697
Cash flows from Investlng activities:
Purchase of property, plant and equipment
Net cash used In Invesdng activities
79,826
7,822
[79,826)
(7,822)
Change in cash and cash equSvalents In
the reporting perlod
7,531)
63,875
Cash and cash equivalents at the beginning
of the reporting period
393,879
330.004
Cash and cash equivalents at the end of
the reporting perlod
22
401,415
393,879
18

Citygate Church
Notes to the accounts
Year ended 31 December2023
Accountlng pollcles
Basis 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 Prartice - Accounting and Reporting by provisions of the Charities SORP (FRS 102)
Accounting and Reporting by Charities= Statement of Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland [effective I January 2019) and the Companie5 Act 2006.
Citygate Church constitutes a public benefit entity as defined by FRSIO2.
The trnstees consider that there are no material uncertainties about the Charity's ability to continue as
a going concern.
ConsolSdatlon
These accounts present the results of the Charity and its wholly owned subsidiary Citygate Events
Limited. The Charity has taken advantage of the exemption under section 408 of Companies Act 2006.
not to publish its own Statement of Financial Activities. The Charity made a deficit for the financial year
of £12,717 [2022.. deficit £25,488}-
Investments
Investments are stated at historical cost less provision for any diminution in value.
Fund Accounting
The general unrestricted fund is available 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 restrictions on their expenditure imposed bythe donor or through
the terms of an appeal.
Fixed Assets
All fixed assets are initially recorded at cosL
All assets costing more than £400 are capitalised.
Depreciation
Depreciation is calculated so as 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
Other plant and machinery
Freehold and leasehold property
25% reducing balance
25Q/o reducing balance
2% on a straight line basis
E9

atygate Church
Notes to the accounts {continued)
Year ended 31 December2023
Penslon costs
The charity operates a defined contribution pension scheme for employees. The assets of the scheme
are held separately from those of the charity. The annual contributions payable are charged to the
stateffient of financial activities.
Incoming Resources
All incoming resources are included in the statement of financial activities when the charity is entt'tled
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 tncluded 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 whej) the charity becomes uiiconditionally entitled
to the granL
Investment income, being interest, Is included when receivable.
Incoming resources from grants which are related to performance and specifie deliverables are
accounted for a5 the charity earns the rights to consideration by its performance.
Resources expended
Expenditure is recognised on an accruals basis a5 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 beneficiaries. It includes both costs that can be allocated directly to such activities and
those costs of an indirect nature necessary to support them.
Support costs include central functions and have been allocated to activity cost categories on a basis
consistentwith the time spenL
Governance costs include those costs associated with meeting with Constitutional and statutory
requirements of the charity and include the accountancy fees and costs linked to the strategic
management ofthe charity.
1.10 Cash and cash equivalents
Cash and cash equivalents comprise cash in hand and other short-term highly liquid investments that
are readily convertible to a known amount of cash and are subject to an insignificant risk of change in
value.
1.11 Financlal Instruments
The group has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic
financial instruments are recognised initially in the accounts at transaction price, including any
transaction costs. At the end of each accounting period, basic financial instruments are recognised at
amortised cosL
20

CityBate Church
Notes to the accounts (continued)
Year ended 31 December 2023
1.12 Critical estimate and frudgements and key sources of estimatlon uncertalnty
In the application of the ChariWs accounting policies, the trustees are required to rnake judgements,
estimates and assumptions about the carrying amount of assets and liabilities that are not readily
apparent from other sources. The estimates are recognised in the period in which the estimate is revised
where the revision affects only that period. or in the period of the revision and future periods where the
revision effects both current and future periods.
Donations and legacies
Unrestrlrted
funds
Restricted
funds
Total
funds
2023
Unrestrlrted
funds
Restrirted
funds
Total
funds
2022
Donations
General gifts
644,757
25,700
670,457
534,196
23,496
557.692
Designated gifts -
Building Fund
98.110
98,110
78.802
78,802
742,867
25,700
768,567
612.998
23.496
636,494
Other trading activities
2OZ3
2022
Rental income
Café income
52,344
8,254
54,620
60.588
All income from other trading activities was unrestricted in both years.
Charltable Actlvltles
Unrestricted
funds
Restrirted
funds
Total
Total
funds
funds
2023
20Z2
Other events and activities
29.425
7,187
36,612
22,858
All income from other trading activities was unrestrirted in the prior year.
21

Citygate Church
Notes to the accounts (contlnued)
Year ended 31 December 2023
Analysis of total resources expended
Current year
(note 7)
Other
dirert
costs
(note 6)
Support
costs
Staff
costs
Total
2023
Grants
Costs of a￿l￿tIeS for
generating funds
Fundraising expenses
Costs in respect of
Citygate Events Ltd
1.414
1,414
27,242
27,242
28.656
28.656
Charitable actSvttles
Citygate Centre
Sunday meets'ngs
Mission
Youth and children's
work
Training and teaching
Pastoral care
120,740
30.551
32,424
58,075
213,760
18.812
47,114
24.122
25,998
34.663
25,998
17.332
360,498
84.026
145,732
99.529
40,196
25,815
35,045
29,252
605
34,663
34,663
89,730
70,313
40,196
302,650
333,665
173,317
849,828
Governance
Total resources expended
40,196
302,650
362,321
173,317
878,484
Support staffcosts
116,337
(116,337)
418,987
56,980
22

Citygate Churth
Notes to the accounts (continued)
Yearended 31 December2023
Analysis of total resources expended (continued)
Prlor Year
{note 7)
Other
dlrect
costs
{note 6)
Support
costs
Staff
costs
Total
2022
Grants
Costs of aetlvltle5 for
generating funds
Fundraising expenses
Costs in respect of
Citygate Events Ltd
1,264
1,264
6,285
6,285
7.549
7,549
Charitable activities
Citygate Centre
Sunday meetings
Mission
Youth and children's work
Training and teaching
Pastoral care
98,287
28,036
30,040
56.014
23.651
31.950
157,442
20,635
29,919
22.255
18,600
956
29,204
34,036
2 1,850
17.019
34,036
34,036
284,933
82,707
125.754
95,288
76,287
66,942
43,945
43,945
267,978
249,807
170,181
731,911
Total resources expended
43,945
267.978
257,356
170.181
739,460
Support staff costs
115,639
115,639
383,617
54.542
23

Cltygate Church
Notes to the accounts (contlnued)
Yearended 31 December2023
Allocation of support costs
Current year
Total
Church
MIs51on
Teachsng
2023
activities
activitie$
Tralning
Buildings
Property costs
Travel costs
stsff costs
1.853
371
834
370
278
23,267
52,352
23,267
17,451
116,337
11,935
8.266
3,001
Office costs
Information Technology
Teaching & training
costs
Finance costs
Cornmunications
Governance costs..
Auditand
accountancy
Legal and
professional
Stoffcosts
2,387
1.653
600
5,371
3.720
1,351
2,387
1.653
600
1,790
1,240
450
2,529
2.634
506
527
1,138
1.185
506
527
379
395
5,186
1.037
2.334
1,037
778
360
72
162
72
54
21,216
4,243
9,S46
4,244
3,183
173,317
34,663
77,993
34,663
25.998
Prioryear
Total
Church
Mission
Teaching
2022
artivlties
activities
TraSning
Bulldlngs
Property costs
Travel costs
Staff costs
Office costs
Information Technology
Teaching & training costs
Finance costs
Cornmunications
Governance costs:
Auditand
accountancy
Legal undprofe55ional
Staff costs
2,454
491
1.104
491
368
115,640
11.197
9,741
1.819
1,792
3,014
23,128
2,239
1,948
364
358
603
52,038
5.039
4,384
818
807
1.356
23,128
2.239
1,948
364
358
603
17,346
1,680
1,461
273
269
452
5,187
910
3,273
382
622
359
65
225
26
43
18.970
3,333
11,966
1,396
2.275
170,182
33,441
81,014
30,937
24,790
24

Citygate Church
Notes to the accounts (continued]
Year ended 31 December 2023
Grant expenditure
The charity made the following grants during the period..
Local
Worldwide
2023
Local
Worldwide
2022
Mission work in
India
Mission work in
Beirut
Mission work with
the poor
Commission
Apostolic Trust
Limited
Westpoint
Other local
mission work
5,814
5,814
5,640
5,640
9,100
9,100
10,718
10,718
9,744
9,744
23,664
23.664
19.461
19.461
23,664
16.532
40.196
19.461
24,484
43.945
Net incorning resource5 for the year
This is stated after charging..
2023
2022
Depreciation
Independent examiner's fees
91,126
4,300
82.470
4,300
Staff costs
Total stsff costs were as follows:
2023
2022
Wages and salaries
Social security costs
Pension costs
412,952
28,270
14,300
364,969
24.974
12,684
455,522
402,627
The average numbers of employees during the year, calculated on the basis of full-time
equivalents, was as follows=
2023
2022
No
14
Average number ofemployees
17.5
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 £174,787 [2022: £168.696}.
25

City8ate Church
Notes to the accounts (continued)
Yearended 31 December2023
io
Trnstees. Remuneration
The Memorandum of Association authorises the payment of remuneration to trustees for services other
than arting as a trustee. The following paragraphs outline the payments so made.
Mr S D Theunissen is a trustee of the charity. During the year, Mr S D Theunissen received a salary of
£41.182 (2022.. £38,041) and pension contributions of £1,747 [2022: £1,590) were made on his behalf,
for his role as finance dirertor.
Mr R White is a trustee of the charity (Started 25 May 2016) During the year, Mr R White received a
salary of £48,786 (2022.. £45,917) and pension contributions of £2,127 (2022.. £1,984) were made on
his behalf. for his role as Elder of the Church.
No other trustees received any remurkeration 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 charity during the current or previous year, other than as disclosed in
note 18.
No expenses were reimbursed to any trustee during the current or previous year, other than as
disclosed in note 18.
26

Cltygate Church
Notes to the accounts {CODtinued)
Yearended 31 December 2023
li
Tanglble tlxed assets- Group and ChaTIty
Land and
buildings
Other plant
Total
machlnery
Cost or valuation
At l January 2023
Additions
Disposals
2,744,365
19.973
409,577
59.853
3,153,942
79,826
At31 December2023
2,764,338
469,430
3.233.768
Depreclatlon
At I January 2023
Charge for the year
On disposals
380.861
56.000
321.861
35,289
702,722
91,289
At 31 December 2023
436,861
357,150
794.011
Net book value
31 December 2023
2.327,477
112,280
2,439,757
31 December 2022
2,363.504
87,716
Z,451.220
Land and buildings represent costs incurred in respect of premises in freehold and long leasehold
property totalling El.946,414 (2022.. £1,934,172). Depreciation charged in respect of the
propertyamounted to £39,641 [2022.. £39,228)
12
Investments
Movement in value:
2023
2022
Group
Charlry
Group
Charlty
Costat 31 December 2023 and
31 December 2022
131
131
Historical tost at 31 December
2023 and 31 December 2022
131
131
The charity owns 100% of the issued share capital of Citygate Events Limited, a comp3ny
registered in England and Wales (07734479).
The subsidiary undertakin& Citygate Events Limited lets and operates the conference and
exhibition centres of the Citygate Centre.
27

tygate Church
Notes to the accounts (continued)
Year ended 31 December 2023
12
Investments {contlnued)
A summary of the subsidiary undertaking results for the year is given below:
2023
2022
Gross income
Gross expenditure (excluding gift aided profits to charity)
60,588
[27.242)
54.620
(6,284)
Net surplus before donating profits to charity
33.346
48,336
At the balance sheet date the aggregate share capital and reserves of the subsidiary undertaking
stood at £1 [2022: £1)
13
Debtors
2023
Group
2022
Charity
Group
Charity
Trade debtors
Amounts owed by group
undertakings
Prepayments
VAT recoverable
Gift aid debtor
Other debtors
21,213
11,990
46.422
5,680
4,722
4S,626
12,202
5,109
8.635
5,358
12.202
2,192
8.635
5,358
15,726
3,769
6.997
2,168
14.336
2,899
6.997
2,168
52,517
86,799
34,340
76,748
14
Credltors
2023
2022
Group
Charity
Group
Charity
Amounts due within one year:
Trade creditors
Deferred income
PAYE and social security
Accruals
33,718
21.424
(19)
5.702
29,542
16,915
9.865
(538)
7,616
16,916
(19)
5,702
[538)
7.616
60,825
35.225
33,858
23.994
28

atygate Church
Notes to the accounts [con¢inued)
Year ended 31 December2023
15
Restricted income fvnds
Group and Charlty
Balance at
Balance at
Current year
I lanuary
IncomiDg
Outgoing
31
December
2023
2023
resources
resources
Transfers
Oasis refuge
Turkey relief fund
The Ark
Community Hub
D Goldsworthy- The Ark
38
38
261
261
3,666
25,399
168
3,666
21,948
670
16.990
13,539
502
636
Covid-19
Voc21
Christtnas Hamper Appeal
2,074
(2,315)
5.950
50
4,239
8,904
1,488
1,923
11.066
3.788
50
[3)
Kids work
Sleepsafe
Westpoint restricted
Support & Outreach
DCF
Southbourne
50
{3)
249
4,330
2,000
25,000
240
2,692
2,393
4,031
2,000
25,000
Totsl
63,607
32,887
46,903
49,591
29

Cltygate Church
Notes to the accounts (continued)
Year ended 31 December 2023
15
Restrlrted income funds (contfinued)
GTOUP and Charity
Prior year
Balance at
Balance at
I lanuary
Incorning
Outgoing
31
December
2022
2022
resources
resources
Transfers
Oasis refuge
Ukraine
The Ark
Cotnmunity Hub
Youth
D Goldsworthy- The Ark
38
38
4,253
4.253
3,666
20.568
895
893
3,666
21,948
2.480
i.ioo
89S
223
670
Covid-19
Vocal
Christmas HamperAppeal
1,286
(1,910)
2,634
1,372
4,027
12.471
584
4,432
9,155
2,074
(2.315)
5,950
Sleepsafe
Westpoint restricted
Support & Outreach
Priest Donation
523
120
5,246
526
{129)
1,250
loo
(3)
249
4.330
334
loo
2,000
DCF
Southbourne
2,000
25,000
25,000
Total
58,959
27,037
22,389
63.607
Restricted funds are made up as follows:
Oasis Refuge- Donation received specifically for our work with the Women's Refuge.
Ukraine fund - DonatSons received specifically to support Ukraine Christian Ministries who are
providing shelter to those displaced from their homes across the country.
The Ark- A donation given bythe ASDA Foundations for Citygate Church's work among the poor
and vulnerable. A large proportion of the activities relate to work among the homeless.
Community Hub - A fund to support Citygate Community Hub which is a partnership of local
agencies. charities and churches in Bournemouth supporting people with social, financial and
health issues. It is a secure drop-in providing emergency food in partnership with Bournemouth
Foodbank and support to local people in crisis.
Youth- A donation to be used forouryouth rninistry.
D Goldsworthy - The Ark - A donation to support our work wlth the poor and vulnerable
including the homeless.
Covid-19 - A fund set up to support those affected by Coronavirus who are not able to access
government support
30

citygate Church
Notes to the accounts (contlnuedj
Yearended 31 December 2023
15
Restrfirted income funds (continued)
Vocal - Donations received from our vocal community 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 5elf-
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 Christmas.
Sleepsafe- A project set up in partnership with Faithworks Wessex and other local churches to
provide shelter at the Citygate Centre for the homeless during the coldest months of the year.
We5tpoint restricted- Donations received specifically to fund individuals Westpoint Event costs.
Support & Outreach- A donation to support those in need ofour outreach work.
Priest Donation - Donation to support Priests work overseas
DCF- A fund used to help cover stock costs for the hamper project and some salary required for
our Community Worker to ensure the food bank remains operational.
Southbourne- A fund used for development of the new Southbourne site.
Turkey Relief Fund - To provide relief to those Jffected by the earthquakes in Turkey.
Kids Work- A fund specifically to go towards equipping Kids Work.
16
Unrestrfirted funds
Group
Current year
Balance at
Losses
on
Outgoing revaluation
Balance at
l January
Incomlng
31 December
2023
resource
Resources
/TraDSfers
2023
Designated funds=
Building
Gift Week
Southbourne. Cash
Southbourne - Building
40,361
270
100.276
42,222
70,810
5.827
17,048
1,591
29,466
2 1,423
766,308
27,250
784,254
(898)
851,865
100,546
135,907
693
817.197
General funds
1,930,109
732,334
695,674
693
1,966.076
2,781,974
832,880
831,581
2,783,273

Citygate Church
Notes to the accounts (contlnued)
Year ended 31 December 2023
16
Unrestricted funds {continued]
Charity
Current year
Balance at
Losses
on
revaluatio 31 December
Balance at
l January
Incomin
Outgoing
Z023
resource
Resources
ITransfers
2023
Designated funds..
Building
Gift Week
Southbourne - Cash
Southbourne- Building
40,361
270
100,276
42,222
70,810
5,827
17,048
1,591
29.466
21.423
766,308
27,250
784,254
(898)
851,865
100,546
135,907
693
817,197
General funds
1,930,240
705,092
668,433
1,966,900
2,782,105
805,638
804,340
2,783,403
Group
Prlor year
Balance at
Losses
on
Balance at
I lanuary
Incomlng
Outgolng revaluatlon 31 December
2022
resource
Resollr¢es
/TraThsfers
202Z
Designated funds..
Building
Southbourne- Cash
Southbourne- Building
58,287
24,949
801,566
72,728
6,261
90.654
3,960
17,312
40,361
27.250
784,254
884,802
78,989
111,926
851,865
General funds
1,927.308
607,947
605,146
1.930.109
2,812,110
686,936
717,072
2.781,974
33

Citygate Church
Notes to the accounts (contlnlled)
Yearended 31 December 2023
16
Unrestricted funds (continued)
Charlty
Prior year
Balance
at
I january
Losses
on
revaluatio
Balance at
Incomin
Outgoing
31
December
2022
2022
resource
Resource ITransfers
Designated funds..
Building
Southbourne- Cash
Southbourne-
Building
58,287
24,949
801,566
72,728
6,261
90,654
3,960
17,31Z
40,361
27,250
784,254
884,802
78.9B9
111,926
851,865
General funds
1927,439
601661
598 860
1,930 240
2,812,241
680,650
710,786
2,782,105
Designated funds are made up as follows..
The Building fund relates 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 Evangelical Church
during the year, set aside to be spent on future church running costs.
The Southbourne building fund relates to the asset transferred from Southbourne Evangelical
Church during the year, held as freehold property.
The Gift Week designated fund relates to Money donated to be used to fund major projects such
as; the development of the Southbourne site, investing in a cafe at our Bournemouth site, and
supporting local and global missions.
33

Citygate Chur¢h
Notes to the accounts (continued)
Year ended 31 December 2023
17
Analysls of net assets between funds
Funds balances are represented by:
Group
Unrestrlcted Restricted
funds
funds
2023
2023
Total Unrestricted
nds
fvnds
2023
2022
Restrirted
funds
2022
Total
funds
2022
Tangible
fixed
assets
Net
current
assets
2,439,757
2,439,757
2,4SI,218
2,451,218
343,516
49,591
393,107
330,756
63,607
394,363
2,783,273
49,591
2032,864
2,781,974
63,607
2,845.581
Charlty
Unrestrlcted Restrirted
funds
funds
2023
2023
Totsl Unrestrlrted
funds
funds
2023
2022
Restrirted
funds
Z022
Total
funds
2022
Tangible
fixed
assets
2,439,888
2,439.888
2,451.218
Z.451,218
Net
current
assets
343.515
49.591
393.106
330,887
63,607
394,494
2,783.403
49.591
2.832.994
2,782,105
63.607
2,845,712
Designated funds consist of £768,308 (2022: £784,254) tangible fixed assets and £50,889 [2022:
£67,611) net current assets.
18
Related party transactions
During the year, 4 trustees, (2022= 1] were reimbursed £5,630 (2022: £10} for travel, caterin&
books, and refreshment expenses.
The charity owns 100% of the issued share capital of Citygate Events Limited, a company
incorporated on 9 August 2011. Mr S D Theunissen and Mr I S Salway are directors of this
company.
As at 31 December 2023, Citygate Events Limited owed Citygate Church £44,422 [2022: E45,626}
which prlmarily relates to the gift aid distrlbution payable.
34

Citygate Church
Notes to the accounts (continued)
Year ended 31 December 2023
19
Company Ilmlted by guarantee
Citygate Church is a company limited by guarantee and therefore has no share capital. In the
case of a winding up each member has guaranteed to contribute an amount not exceeding £10.
At 3 1 December 2023, the total of such guarantees was £40 {2022.. £40).
20
Taxation
Citygate Church is a registered charity and can claim exemption from Corporation Tax on
income and gains which are applied for charitable purposes under section $05, Income and
Corporation Taxes Act 1988.
The subsldiary company is subject to Corporation tax.
21
Reconcllfiatlon of net Income to net cash flow from operating activities
2023
2022
Net Income for the reportlng perlod (as per
the statement of financial activities)
Depreciation
PIL on dispc>sal of fixed assets
[Increase)/decrease in debtors
Increase/(decrease) in creditors
(12.717)
(25,488)
91,289
82.470
313
[1,603)
16,005
(18,177)
26.967
Net cash inflow from operating activity
87,362
71,697
22
Analysis of changes in net funds
Balance at
I january
2023
Balance at
31 December
2023
Cash flows
Cash in hand
393,879
7.536
401,415
Balance at
I January
2022
Balance at
31 December
2022
Cash flows
Cash in hand
330 004
63,875
393 879
330,004
63,875
393,879
35