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2022-12-31-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 61 Tatton Road North
Heaton Moor
STOCKPORT
Cheshire
SK4 4QX
Bankers HSBC Bank 23 Allerton Road
Mossley Hill
LIVERPOOL
L18 2DA

GATEWAY CHURCH MERSEYSIDE

YEAR ENDED 31ST DECEMBER 2022

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 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 2022 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:

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 2022 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 prayer service, Wednesday Young Adults group. mid-week house meetings, numerous open social events, community outreaches, support of charitable works (local and abroad) and training of church members and leaders.

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

1a

GATEWAY CHURCH MERSEYSIDE

YEAR ENDED 31ST DECEMBER 2022

DIRECTORS REPORT (Continued)

Through these various open groups and by motivating individuals within the church to voluntarily serve the Merseyside community (e.g. serving the elderly/sick delivering medicines and groceries, contacting those who are unwell, isolated, disabled & grieving...),the charity has seen people from the wider community joining the church and benefiting from our members community service. In addition, we run Childrens groups (ages 4-7 and 8-12) on a Sunday morning.

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

The church (charity) gave 20.4% of its total income received from members to:

1) Various sources of need

e.g.Give2Ukraine - Ukrainian War refugee support - Poland, Pregnancy Crisis Helpline - UK,CBR (UK) - Abortion awareness projects - UK,Samaritans Purse - A worldwide Childrens Christmas present distribution project,The unemployed, the elderly, the sick and hurting - Liverpool and various people within our church community, the wider UK church community and international outreach work into Mongolia, Malta, Turkey, Spain, Australia, Japan...

2) The training and equipping of leaders through various means e.g. We hosted National and International church leaders who taught at various events.

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. 20.4% 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 £ 41,500. The church (charity) which receives its funding from its members, did experience an increase in savings due to only one employee being on the payroll for the first half of 2022. The reserve account at the end of 2022 had a balance of £47,000. The purpose of holding reserves is to ensure the work of the organisation can continue to meet its objectives, even 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 27th May 2023

1b

GATEWAY CHURCH MERSEYSIDE

STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31ST DECEMBER 2022

Year to 31st December Year to 31st December Year to 31st December 2022 2022 Year to
INCOME & EXPENDITURE Notes 31 12 21
Unrestricted Restricted Total Total
INCOMING RESOURCES Funds Funds
£ **£ ** **£ ** £
Offerings & Donations Received 1
85,820
1,095 86,915 97,768
Charitable Trading Sales 1,105 1,105 5,015
Investment Income 89 - 89 5,766
Other Income 4,487 - 4,487 3,661
TOTAL INCOMING RESOURCES 91,501 1,095 92,596 112,210
Less: RESOURCES EXPENDED
Direct Charitable Expenditure
Trading Cost of Sales 2,000 2,000 7,273
Ministry Gifts 11,291 110 11,401 15,976
Other Ministry Expenses 47,590 - 47,590 42,707
Outreach 1,295 1,295 422
Poor Relief - 1,118 1,118 1,890
Property Costs 9,122 - 9,122 8,248
71,298 1,228 72,526 76,516
Support 17,130 - 17,130 19,277
Administration 1,743 1,743 (4,264 )
TOTAL RESOURCES EXPENDED 90,171 1,228 91,399 91,529
NET INCOMING /(OUTGOING) RESOURCES For the Year
1,330
(133 ) 1,197 20,681
FUND BALANCES as at 1st January 2022 54,308 665 54,973 34,292
& as at 31st December 2022 55,638 532 56,170 54,973

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GATEWAY CHURCH MERSEYSIDE

BALANCE SHEET AS AT 31ST DECEMBER 2022

Notes
FIXED ASSETS
3
Current Assets
Debtors & Prepayments
Cash at Bank
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 22
£
1,640
49,187
50,827
)
(837
£
362
170
£

£
6,180
49,990
56,170
55,638
532
56,170
31 12 21
£
2,195
49,097
51,292
)
(1,138
£
495
170
£
£
4,819
50,154
54,973
54,308
665
54,973

3

GATEWAY CHURCH MERSEYSIDE

BALANCE SHEET (continued) DIRECTORS STATEMENTS REQUIRED BY S 249B(4) FOR THE YEAR ENDED 31ST DECEMBER 2022

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 27th May 2023 and signed on its behalf by

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

R Kain

4

GATEWAY CHURCH MERSEYSIDE

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31ST DECEMBER 2022

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.

2022 2021
**3. ** TRUSTEE'S EMOLUMENTS £ £
Remuneration and other emoluments 40,000 37,200

6

GATEWAY CHURCH MERSEYSIDE

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) YEAR ENDED 31ST DECEMBER 2022

4. FIXED ASSETS

Leasehold
Musical & PA Fixtures
Property
Equipment
& Fittings Equipment
COST
£ £ £ £
Cost as at 01 01 22
2,030
18,093
17,285
5,606
Additions in Year
-
-
-
2,196
As At 31 12 22
2,030
18,093
17,285
7,802
DEPRECIATION
As at 01 01 22
2,030
17,061
14,544
4,560
Charge for Year
-
188
223
424
As At 31 12 22
2,030
17,249
9,039
4,984
NET BOOK VALUE
31 12 22
-
844
8,246
2,818
31 12 21
-
1,032
2,741
1,046
Normal Depreciation Rates
(Reducing Balance)
100%
20%
20%
33.3%
5. ANALYSIS OF NET ASSETS BY FUND
Unrestricted
Restricted
Total
£
£ £
Fixed Assets
6,180
6,180
Current Assets
50,295
532
50,827
Current Liabilities
)
(837
)
(837
Fund Balance at 31st December 2022
55,638
532
56,170
Total
£
43,014
2,196
45,210
38,195
835
39,030
6,180
4,819

6. TRUSTEES & CONNECTED PERSONS CONTRACTS

One Trustee was employed by the Charity for ministerial services. One (year to 31 12 21 - one) Trustee's spouse was employed by the Company for services rendered and paid £ 6,500 (Year to 31 12 21 - £ 8,800). 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 £ 190 (Year to 31 12 21 - £180) for the independent examination of the accounts. He also received £285 (Year to 31 12 21 - £270) for the preparation of Accounts and other advice.

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