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2024-12-31-accounts

GATEWAY CHURCH MERSEYSIDE SIGNIFICANT INFORMATION

Registered Company Number 5916906
Registered Charity Number 1119581
Trustees Russell Kain (Chairman)
Anthony Canning (resigned 09 02 25)
Kenneth Clark
Dr Michael Nkansah (appointed 12 02 25)
Secretary Anthony Canning (resigned 09 02 25)
Dr Michael Nkansah (appointed 12 02 25)
Registered Ofce 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 Afick
61 Bridge Street
Kington
Herefordshire
HR5 3DJ
Bankers HSBC Bank 23 Allerton Road
Mossley Hill
LIVERPOOL
L18 2DA

GATEWAY CHURCH MERSEYSIDE YEAR ENDED 31ST DECEMBER 2024

DIRECTORS REPORT

June 2007. Its name was changed on 21 12 2011.

Information Page.

Appointment of Trustees.

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

the relief of hardship and distress. The geographical scope being the Merseyside, UK and the World.

the Merseyside region.

Vision Statement

Public Benefit

Review of Activities & Achievements

The core of the church work includes:

Home based groups, training courses, prayer initiatives, social activities...)

churches, in the form of National Leadership Training events and visiting speakers.

Bible and an opportunity to express their faith in real and practical ways amongst the people of Merseys the world

the church and the other two trustees worked on a voluntary basis, together with a team of leaders.

(e.g. serving the elderly/sick delivering medicines and groceries, contacting those who are unwell, isolat grieving...), the charity has seen people from the wider community attend the church and benefit from o community service. In addition, we run Childrens groups (ages 4-7 and 8-12) on a Sunday morning.

GATEWAY CHURCH MERSEYSIDE YEAR ENDED 31ST DECEMBER 2024 DIRECTORS REPORT (Continued)

We hosted various special events to serve the interests of the community e.g. A Line Dancing evening, Memorial services,

mornings, A Pensioners Breakfast, A Quiz evening and various other open social events. The church (charity) gave 12.13% of its total income received from members to: 1) Various sources of need

1) e.g.

*CCFON (Christian Concern) – UK.

*CBR - Abortion awareness projects – UK.

*Samaritans Purse – A worldwide Childrens Christmas present

distribution project.

*The unemployed, refugees, the elderly, the sick and the hurting in Liverpool.

*To various people within our church community, the wider UK

church community and international outreach work into Macedonia, Mongolia, Japan, France and Uganda

leaders who taught at various events.

the area of emphasis may change from year to year, according to the need.

Policies

support other church ministries (local & abroad) that do the same, has been reached. 12.13% of the cha was used in this way, both in the UK and abroad.

members, did experience a slight increase in savings.

the work of the organisation can continue to meet its objectives, even in times of financial shortage; or, needed, to use them for any one-off special expenditure or project. A long term goal is for the church to property of its own.

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

Dr Michael Nkansah, Secretary 30 03 2025

1b

GATEWAY CHURCH MERSEYSIDE STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31ST DECEMBER 2024

Year to 31st December 2024

INCOME & EXPENDITURE Notes
Unrestricted Restricted Total
INCOMING RESOURCES Funds Funds
£
Oferings & Donations Received 1 90,089 320 90,409
Charitable Trading Income 0 4,587 4,587
Investment Income 952 952
Other Income 4,776 4,776
TOTAL INCOMING RESOURCES 95,817 4,907 100,724
Less: RESOURCES EXPENDED
Direct Charitable Expenditure
Trading Cost of Sales 1,138 4,587 5,725
Promotional 0 0
Ministry Gifts 1,797 0 1,797
Other Ministry Expenses #REF! #REF!
Outreach 388 388
Poor Relief 1,562 499 2,061
Property Costs 10,605 10,605
#REF! 5,086 #REF!
Support #REF! #REF!
Administration #REF! #REF!
TOTAL RESOURCES EXPENDED #REF! 5,086 #REF!
NET INCOMING/ (OUTGOING) RESOURCES
For the Year #REF! -179 #REF!
Prior Year Adjustment 63 63
FUND BALANCES as at 1st January 2024 53,336 410 53,746
as at 31st Decem #REF! 231 #REF!

Note: the fund balance at 01 01 24 has been increased by prior year adjustmen

2

Year to 31 12 23 Total

£ 82,945 110 682 4,206 87,943

137 168 1,832 45,211 421 4,599 8,857 61,225 23,102 1,834 86,161 -2,424 0 56,170 53,746 nts of £63

GATEWAY CHURCH MERSEYSIDE BALANCE SHEET

AS AT 31ST DECEMBER 2024

31 12 24 31 1
Notes
FIXED ASSETS 3 5,473
Current Assets
Debtors & Prepayments 2,687 2,323
Cash at Bank 50,041 47,452
52,728 49,775
Less: Current Liabilities payable within one year
Creditors & Accruals 644 819
NET CURRENT ASSETS 52,084
£ 57,557 £
Represented By:
FUNDS (Per Income & Expenditure Account)
Unrestricted
General Fund #REF!
Restricted 5
People Needs 208 387
Other 23 23
231
£ #REF! £

Note: the fund balance at 01 01 24 has been increased by prior year adjust

3

12 23 £ 4,790 48,956 53,746 53,336 410 53,746

tments of £63

GATEWAY CHURCH MERSEYSIDE BALANCE SHEET (continued) DIRECTORS STATEMENTS REQUIRED BY S 249B FOR THE YEAR ENDED 31ST DECEMBER 2024

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 und section 477 of the Companies Act 2006 ;

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

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

The Financial statements were approved by the Board on 1st May 2025 and signed on its behalf by

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

R Kain

4

1(4) er vith ents

GATEWAY CHURCH MERSEYSIDE INDEPENDENT EXAMINER'S REPORT

YEAR ENDED 31ST DECEMBER 2024

1 to 8.

Respective responsibilities of Trustees and Examiner

under Section 145 (5)(b) of the Act, whether particular matters have come to my attention.

Basis of Independent Examiner's Report

My examination was carried out in accordance with the General Directions given by the Charity

from you as Trustees concerning such matters.

consequently I do not express an audit opinion on the view given by the accounts.

Independent Examiner's Statement

In connection with my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that in any material respect the requirements

requirements of the Act have not been met: or

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

…...........................

Ian Afflick Accountant 61 Bridge Street Kington Herefordshire HR5 3DH 13th May 2025

5

GATEWAY CHURCH MERSEYSIDE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31ST DECEMBER 2024

1. ACCOUNTING POLICIES

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

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

All Restricted gifts are separately recorded when received, though expenditure is no 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 Unpaid voluntary services, though not measured in monetary terms, are invaluable. Unrestricted Funds are incoming resources, which can be used in accordance with th objects at the discretion of the trustees.

Designated Funds are unrestricted funds set aside by the trustees for particular purp Restricted Funds are to be used for specific purposes. Restrictions arise when specifi donor, or when funds are raised for particular restricted purposes.

Assets are Capitalised, irrespective of finance sources and methods, provided such a 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, thou none are of any material amount or held for any great length of time.

2024 2023
3. TRUSTEE'S EMOLUMENTS £ £
Remuneration and other emoluments 37,200 37,200

6

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GATEWAY CHURCH MERSEYSIDE NOTES TO THE FINANCIAL STATEMENTS (CONTIN YEAR ENDED 31ST DECEMBER 2024

4. FIXED ASSETS

4. FIXED ASSETS
Leasehold Musical & PA Fixtures
Property Equipment & Fittings
COST
£ £
As at 01 01 24 2,030 15,816 17,646
Additions in Year 303 370
Less: Disposals in Year -52
As At 31 12 24 2,030 16,119 17,964
DEPRECIATION
As at 01 01 24 2,030 15,951 14,948
Prior Year Adjustment -836
Charge for Year 155 246
Less: Disposals in Year -52
As At 31 12 24 2,030 15,270 15,142
NET BOOK VALUE
31 12 24 0 849 2,822
31 12 23 0 -135 2,698
Normal Depreciation Rates
(Reducing Balance) 100% 20% 20%
5. ANALYSIS OF NET ASSETS BY FUND
Unrestricted Restricted
£
Fixed Assets 5,473
Current Assets 52,497 231
Current Liabilities -644
Fund Balance at 31st December 2024 57,326 231

6. TRUSTEES & CONNECTED PERSONS CONTRACTS

One Trustee was employed by the Charity for ministerial services. One (year to 31 spouse was employed by the Company for services rendered and paid £ 15,600 (Y A company in which one Trustee provided bookkeeping services received £ 600 in In the year to 31 12 23 only, the son of one Trustee was given £500 for his ministr Otherwise, expenses incurred in non-trustee capacities have also been claimed by spouses.

7. INDEPENDENT EXAMINER'S FEE

The Independent Examiner received £ 200 (Year to 31 12 23 - £200) for the indepe of the accounts. He also received £300 (Year to 31 12 23 - £300) for the preparatio and other advice.

7

NUED)

Computer Total
Equipment
£
7,802 43,294
673
-793 -845
7,009 43,122
5,575 38,504
-836
425 826
-793 -845
5,207 37,649
1,802 5,473
2,227 4,790

33.33%

Total £ 5,473 52,728 -644 57,557

12 23 - one) Trustee's Year to 31 12 23 - £15,600). the year to 31 12 24 only. y trip.

y Trustees and their

endent examination on of Accounts