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2021-12-31-accounts

GATEWAY CHURCH MERSEYSIDE

SIGNIFICANT INFORMATION

Registered Company Number 5916906
Registered Charity Number 1119581
Trustees Russell Kain (Chairman)
Anthony Canning
Kenneth Clark
Secretary Anthony Canning
Registered Office Goodlass House
Goodlass Road
Hunts Cross
LIVERPOOL L24 9HJ
Solicitors Fiona Bruce & Co Justice House
3, Grappenhall Road
Stockton Heath
WARRINGTON
Cheshire
WA4 2AH
Independent Examiner Ian Afflick FCA 336a Wellington Road North
Heaton Chapel
STOCKPORT
Cheshire
SK4 5DA
Bankers HSBC Bank 23 Allerton Road
Mossley Hill
LIVERPOOL
L18 2DA

GATEWAY CHURCH MERSEYSIDE

YEAR ENDED 31ST DECEMBER 2021 DIRECTORS REPORT

The Company is limited by Guarantee, being incorporated on 25th August 2006, and with Charity Commission on 11th June 2007. Its name was changed on 21 12 2011.

The Trustees throughout the Year and to the date of this report and the advisors are set out on the accompanying Information Page.

Appointment of Trustees.

Trustees are elders, or church members with eldership experience in the church and are selected from among the members who have shown themselves to be faithful, full of integrity, and who agree wholly with our statement of beliefs and our vision and values.

Aims and Organisation

To advance the Christian faith in accordance with our statement of beliefs. The advancement of education and the relief of hardship and distress. The geographical scope being the Merseyside, UK and the World.

The church (charity) provides a place of worship, teaching,pastoral care and fellowship for people within the Merseyside region.

Vision Statement

To be a Church in Liverpool that would truly love God and would passionately fulfil the Great Commission.

Public Benefit

The trustees are committed to enabling anyone from the community to worship at the church and become part of the church family. We regularly have people from the community visit the Sunday service as well as many of the weekly online groups. It is intended that as many people as possible have their lives impacted by the gospel of Jesus Christ and we are always seeking ways to bring this message to the wider community in the form of both relief and teaching. The biblical teaching provides people with relational/interpersonal skills and equips them to face the challenges of life. We have done this in 2021 through numerous outreaches, training events, study groups and numerous social and specific interest groups. We have also given financial help to people in need locally, nationally and internationally.

Review of Activities & Achievements

The core of the church work includes:

During 2021, as a result of Covid and in adherence to safety measures, some of these functions have been carried out online via Zoom.

The church (charity) provides a place of worship, teaching, pastoral support and fellowship for people within the Merseyside region. The prime purpose being that each person would be given the opportunity to know the God of the Bible and an opportunity to express their faith in real and practical ways amongst the people of Merseyside, the UK and the world

During 2021, the church (charity) was led and managed by three trustees. One elder (trustee) was employed full time by the church, and the other two trustees worked on a voluntary basis, together with a team of leaders.

The core of the church (charity) work continues to be a Sunday morning and a Tuesday evening online service, Friday night Youth group (transacting to Thursday Young Adults group from July 2021). mid-week house meetings, numerous open social events, community outreaches, support of charitable works (local and abroad) and training of church members and leaders. During 2021, as a result of COVID and in adherence to safety measures, some of these functions have been carried out online via ZOOM.

There are two main meetings during the week (A Sunday Morning Service & Tuesday Evening Online Prayer) and various other groups that meet throughout the year. These groups include Bible Study groups, Youth groups, Young Adults groups and social events. All groups are open to anyone in the wider community.

1a

GATEWAY CHURCH MERSEYSIDE

YEAR ENDED 31ST DECEMBER 2021

DIRECTORS REPORT (Continued)

Through these various open groups and by motivating individuals within the church to voluntarily serve the Merseyside community (e.g. work amongst those shielding by delivering medicines groceries, contacting those who are unwell, isolated, disabled and grieving...), charity has seen people from the wider community joining the church and benefiting from our members community service. In addition, we run a Childrens group (ages 4-10) on a Sunday morning.

We hosted various events to serve the interests of the community e.g. A Mothers' & Fathers' Day Service, an Easter Service, a Christmas Carol Service, and various online social events.

The church (charity) gave 19.2% of its total income received from members to:

1) Various sources of need

Benjamin House - aiding orphans in South Africa. Just Care school for the underprivileged in Uganda, Pregnancy Crisis Helpline UK, CBR (UK) Abortion awareness projects, Lifegate Church Dundee- we contributed a bus for their community projects, OneLife Foundation providing relief after widespread riots in South Africa,the unemployed, the elderly, the sick and the hurting in Liverpool, various people within our church community, the wider UK church community and international outreach work into Mongolia, Malta...

2) The training and equipping of leaders through various means e.g. We hosted National and International church leaders who taught at various events (this has been limited during Covid travel restrictions).

Our goal is always to concentrate on the same activities and although we always attempt to increase the scale of them, the area of emphasis may change from year to year, according to the need.

Policies

The church (charity) policy, to provide relief of need/hardship, training for leaders, pastoral care of people and to support other church ministries (local & abroad) that do the same, has been reached. 19.2% of the charity' total income was used in this way, both in the UK and abroad.

The reserves at the beginning of the year were £ 28,000. The church (charity) which receives its funding from its members, did experience a significant increase in savings due to various factors:

1 - Slight growth in membership numbers

2 - The running costs were reduced during Covid, as various restriction measures resulted in limited church expenditure.

3 - From September 2021, the church payroll was reduced from two employees to one.

4 - In early 2021, HRBC refunded the church approximately £11,500, since they had been overcharging bank charges since 2005.

Thus the reserves at the end of 2021 were £49,000. We hold reserves to ensure the work of the organisation can continue to meet its objectives, been in times of financial shortage; or, if needed, to use them for any one-off special expenditure or project. a long term goal is for the church to own a property of its own.

................................ Mr A Canning, Secretary 10th February 2022

1b

GATEWAY CHURCH MERSEYSIDE

STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31ST DECEMBER 2021

Year to 31st December Year to 31st December Year to 31st December Year to 31st December 2021 2021 Year to
INCOME & EXPENDITURE Notes 31 12 20
Unrestricted Restricted Total Total
INCOMING RESOURCES Funds Funds
£ **£ ** **£ ** £
Offerings & Donations Received 1
95,663
2,105 97,768 76,884
Charitable Trading Sales 5,015 5,015 625
Investment Income 5,766 - 5,766 16
Other Income 3,661 - 3,661 2,672
TOTAL INCOMING RESOURCES 110,105 2,105 112,210 80,197
Less: RESOURCES EXPENDED
Direct Charitable Expenditure
Trading Cost of Sales 7,273 7,273 966
Ministry Gifts 15,937 (80 ) 15,857 4,214
Other Ministry Expenses 42,406 420 42,826 31,346
Outreach 422 422 100
Poor Relief - 1,890 1,890 267
Property Costs 8,248 - 8,248 7,754
74,286 2,230 76,516 44,766
Support 19,277 - 19,277 29,353
Administration (4,264 ) (4,264 ) 1,850
TOTAL RESOURCES EXPENDED 89,299 2,230 91,529 75,969
NET INCOMING /(OUTGOING) RESOURCES For the Year
20,806
(125 ) 20,681 4,228
FUND BALANCES as at 1st January 2021 33,502 790 34,292 30,064
& as at 31st December 2021 54,308 665 54,973 34,292

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GATEWAY CHURCH MERSEYSIDE

BALANCE SHEET AS AT 31ST DECEMBER 2021

Notes
FIXED ASSETS
3
Current Assets
Debtors & Prepayments
Cash at Bank
Cash in Hand
Less: Current Liabilities payable within one year
Creditors & Accruals
NET CURRENT ASSETS

Represented By:
FUNDS (Per Income & Expenditure Account)
Unrestricted
General Fund
Restricted
5
People Needs
Other
5
31 12 21
£
2,195
49,097
-
51,292
)
(1,138
£
495
170
£

£
4,819
50,154
54,973
54,308
665
54,973
31 12 20
£
2,490
27,891
100
30,481
)
(1,074
£
436
354
£
£
4,885
29,407
34,292
33,502
790
34,292

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GATEWAY CHURCH MERSEYSIDE

BALANCE SHEET (continued) DIRECTORS STATEMENTS REQUIRED BY S 249B(4) FOR THE YEAR ENDED 31ST DECEMBER 2021

In approving these as of the company we hereby confirm:

(a) that for the stated above the company was entitled to the exemption from audit under section 477 of the Companies Act 2006 ;

(b) that the members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006;

(c) that the directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts.

The Financial statements were approved by the Board on May 2022 and signed on its behalf by

......................................

R Kain

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GATEWAY CHURCH MERSEYSIDE

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31ST DECEMBER 2021

1. ACCOUNTING POLICIES

The Financial Statements are prepared on a historical accounts basis, taking into account accruals and depreciation where relevant, in order to ensure consistency.

Gifts to Restricted Funds are accounted for upon receipt, though Restricted Tax Refunds are included when net donation is received.

All Restricted gifts are separately recorded when received, though expenditure is not separately analysed when made, outstanding amounts being noted at the year end.

Gifts in kind are only recorded and included if material as income in the year given.

Only reimbursements of expenditure are netted off against such and not counted as income. Unpaid voluntary services, though not measured in monetary terms, are invaluable.

Unrestricted Funds are incoming resources, which can be used in accordance with the charitable objects at the discretion of the trustees.

Designated Funds are unrestricted funds set aside by the trustees for particular purposes.

Restricted Funds are to be used for specific purposes. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Assets are Capitalised, irrespective of finance sources and methods, provided such are permanently intended to be used by the Trust. Only items costing more than £150 will be capitalised and then only if they have a resale value of more than £50.

Current Assets are shown at the lower of cost and net realisable value.

Current Liabilities are shown at settlement value.

2. FUNDS & FUND TRANSFERS

Small amounts are given from time to time and Restricted Funds kept for such, though none are of any material amount or held for any great length of time.

2021 2020
**3. ** TRUSTEE'S EMOLUMENTS £ £
Remuneration and other emoluments 37,200 28,500

6

GATEWAY CHURCH MERSEYSIDE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) YEAR ENDED 31ST DECEMBER 2021

4. FIXED ASSETS

Leasehold
Musical & PA Fixtures
Property
Equipment
& Fittings Equipment
COST
£ £ £ £
Cost as at 01 01 21
2,030
18,093
16,934
5,397
Additions in Year
-
-
351
209
As At 31 12 21
2,030
18,093
17,285
5,606
DEPRECIATION
As at 01 01 21
2,030
16,831
14,341
4,367
Charge for Year
-
230
203
193
As At 31 12 21
2,030
17,061
9,019
4,560
NET BOOK VALUE
31 12 21
-
1,032
8,266
1,046
31 12 20
-
1,262
2,593
1,030
Normal Depreciation Rates
(Reducing Balance)
100%
20%
20%
33.3%
5. ANALYSIS OF NET ASSETS BY FUND
Unrestricted
Restricted
Total
£
£ £
Fixed Assets
4,819
4,819
Current Assets
50,627
665
51,292
Current Liabilities
)
(1,138
)
(1,138
Fund Balance at 31st December 2021
54,308
665
54,973
Total
£
42,454
560
43,014
37,569
626
38,195
4,819
4,885

6. TRUSTEES & CONNECTED PERSONS CONTRACTS

One Trustee was employed by the Charity for ministerial services. One (year to 31 12 20 - one) Trustee's spouse was employed by the Company for services rendered and paid £ 8,800 (Year to 31 12 20 - £ 19,500). Otherwise, expenses incurred in non-trustee capacities have also been claimed by Trustees and their spouses.

7. INDEPENDENT EXAMINER'S FEE

The Independent Examiner received £ 180 (Year to 31 12 20 - £180) for the independent examination of the accounts. He also received £270 (Year to 31 12 20 - £270) for the preparation of Accounts and other advice.

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