**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: - 1) A Sunday morning & a Tuesday evening online service. - 2) Friday night youth group (transition to Thursday Young Adults group in July 21 - 3) Mid-week house meetings - 4) Numerous open social events - 5) Community outreaches - 6) Support of charitable works (local and abroad). - 7) 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. 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| **2** ## **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| **3** **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 **4** ## **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. **7**