GATEWAY CHURCH WREXHAM
FINANCIAL STATEMENTS
FOR
31 MARCH 2024
Charlty Number 1119748
FINANSURE LIMITED
2 Sheppard Street, Brymbo, Wrexh8m, LL115FF

GATEWAY CHURCH WREXHAM
FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
CONTENTS
PAGES
Charity information
Trustees. annual report
2toS
Independent examiner's report to the trustees
Stat8m8nt of financial activities
Balance sheet
Notes to the financial statements
9t013

Page 1
GATEWAY CHURCH WREXHAM
CHARITY INFORMATION
Trustees
Dr Michael Cooke (Chair)
Dr Jonathan Burrows
Stephen King
Correspondence address Ffynnon Farni
Ffordd Las
Cymau
Wrexham
LL115EY
Independent examlner
Luke Howson MAAT
Finansure Limited
2 Sheppard Street
Brymbo
Wrexham
LL115FF
Bankers
Barclays Bank plc
Wrexham Branch
4041 High Street
Wrexham
LL13 8LF

Pag• 2
GATEWAY CHURCH WREXHAM
TRUSTEES, ANNUAL REPORT
YEAR ENDED 31 MARCH 2024
The trustees have pleasure in presenting their report and the financial statements of the charity for
the year ended 31 March 2024. The trustees have adopted the provisions of the Statement of
Recommended Practice (SORP) "Accounting and Reporting by Charities (revised 2019)° in
preparing the annual report and financial statements of the charity.
GENERAL INFORMATION
The charity is an unincorporated association, govemed by a declaration of trust dated 12 November
2006. It commenced operations on 1 January 2007.
Trustees
The trustees who served the charity during the year were:
Michael Cooke
Jonathan Burrows
Stephen King
OBJECTIVES. ORGANISATION AND ACTivrriES
Objedives
(a) To advance the Christian faith in Wrexham, North Wales, and in such other parts of the Unlted
Kingdom or the world as the trustees may from time to time think fit and to fulfil such other purposes
which are exclusively charitable according to the law of England and Wales and are connected with
the charitable work of the trust.
(b) To relieve persons who are in conditions of need or hardship or who are aged or slck and to
relieve the stress caused thereby in the said location and in such other parts of the United Kingdom
or the world as the trustees may from lime to time think fit.
Organlsatlon
Th8 trustees meet periodically, several times a year, to oversee the work of the charity. The trustees
have the pow6r to inv8st the resources of the organisation in such assets as they see fit, New
trustees are appointed by the trustees in accordance with the statement of beliefs outlined in the
trust deed.
Publlc benoflt
The charity trustees have complied the duty in section 4 of the 2006 Charities Act to have due
regard to the guidance on public benefit published by the Charity Commission in exercising their
powers and duties.

Page 3
GATEWAY CHURCH WREXHAM
TRUSTEES. ANNUAL REPORT (CONTINUED)
YEAR ENDED 31 MARCH 2024
Reserves policy
The trustees aim to retain a18vel of unrestricted reserves that equates to 3 months, running costs
(approximately £1,500). At the end of this financial year the unrestricted reserves were £29.712.
Rlsk Management
Th8 trustees have considered the key operational, financial. and strategic risks that have a bearing
on the charity. Suitable management inforniation is available to the trustees on a regular basis to
Monitor these risks, and allow any mitigating action to be taken to address them.
HIGHLIGHTS OF ACTIVITIES IN THE YEAR
Overall, the year from April 2023 to March 2024 has been one of stabilisation for Gateway Church
Wrexham. Having a voluntsry, part-time Lead Elder has been a success, and we have added a
second voluntary, part-time Elder to support him. Moving our location to the Community Centre in
Cymau has also been Successful, and we are benefitting from steady improvements to facilities at
the Centre.
Church attendance has stabilised, too. In fact, we have seen some growth. Those people who
started to attend last year have remained with us, and we occasionally have new visitors who we
hope will choose to stay with us.
We changed our bank in the year. It proved difficult to remove church ex-members frorn the list of
those who had access to, or visibility of, our original church account. The solution was to move to
a new charity account at a different bank. We are pleased with the outcome. Only those who need
account access or visibility now have it. The visibility of account transactions is much improved,
and we are earning a useful amount of interest (£0.6k over five months) for the first time.
Our principal source of income is voluntary donations from church members. Total income has
dropped 43 % (£42.6k to £25.4k) compared to the previous tax year. This is because we lost some
high givers either late in the 2022 23 tax year or early in this 2023 24 tax year. We also contacted
some ex-members who left years ago and suggested they might want to direct their giving
elsewhere. However, we hav8 no paid staff, so our support costs have dropped dramatically (from
£33.8k in 2022_23 to £5.9k in 2023 24). This has funded a more than fivefold increase in giving to
other Christian charities (£5.Ok in 2022 23 to £27.8k in 2023 24), such as Foodbank and Mobilise
Global. We helped a new church in York by transferring music and PA equipment we no longer
needed to them for a nominal sum. One objective for the next financial year is to deal with the
remaining restricted 'Maesgwyn' fund (£4.2k) now that we no longer serve meals in the Maesgwyn
Community Centre.

Pagè 4
GATEWAY CHURCH WREXHAM
TRUSTEES, ANNUAL REPORT (CONTINUED)
YEAR ENDED 31 MARCH 2024
One of our core values is seeing people be 'the best they can be,. Discipleship training ran
throughout the year, with weekly online and face-to-face sessions. Weekly prayer meetings
continued and had a solid core of participants. Building and maintsining the church community is
another of our central values. To this end. we organised several social events where we cooked,
or walked, and ate meals together. Guests were always welcome. Sharing our faith with others
matters to us. We completed our Alpha course early in 2024. and those finishing the course joined
our discipleship programme.
We have a heart for the local community. which means intentionally serving others. With the help
of a local brass band, we supported Cymau's Coronation Celebration in May 23, and we organised
and ran Cymau's 'Carols at Christmas. in December 23. Church members were involved in
Community Money Advice, which provides free debt counselling, Foodbank and Community First
Responders. We support several local churches wthout full-time ministers by taking services and
offering friendship. Our focus for 2024_25 is to continue building the church community. That
means growing together as a church, inviting others in to 'tsste and see,, and serving in new
communities.
REVIEW OF FINANCIAL ACTIVITIES AND AFFAIRS
Total income for the year was £25,369 (2023 - £42,611). The charity's main sourc6 of income is
donations received which totalled £21.572. representing 850/0 of income (2023 £36,857,. 860/0).
Tax reclaimed from HM Revenue & Customs contributed a further £2.677 (110/0) to income (2023 -
£5,704. 13 % ).
Total expendlture for the year was £33,748 (2023 - £38,910). £27,864 (830/0) of this was
missionslgiving r81ated and £5,884 (17%) was church running costs.

Page 5
GATEWAY CHURCH WREXHAM
TRUSTEES, ANNUAL REPORT (CONTINUED)
YEAR ENDED 31 MARCH 2024
STATEMENT OF TRUSTEES, RESPONSIBILrriES
Charity law requires the trustees to prepare financial statements for each financial year. which give
a true and fair view of the state of affairs of the charity and of its financial activities for that year. In
preparing those financial statements the trustees are required to:
select suitable accounting policies and apply them consistently.
b)
make judgments and estimates that are reasonable and prudent.,
state whether the policies adopted are in accordance with the Statement of
Recommended Practice, 'Accounting and Reporting by Charities (revised 2019)"
and with applicable accounting standards, subject to any material departures
disclosed and explained in the financial statements;
d)
prepare the financial staternents on the going concem basis unless it is inappropriate
to assume the charity will continue operating.
The trust8es are responsible for keeping Proper accounting records which disclose with reasonable
accuracy at any time the financial posits'on of the charity and to enable them to ensure that the
financial statements comply with the Charities Act 2011. They are also responsible for safeguarding
the assets of the charity and hence for taking reasonable steps for the prevention and detection of
fraud or other irregularities.
This report was approved by the trustees on .
behalf by:
and is signed on their
M Cooke
Chair of Trustees

Page 6
GATEWAY CHURCH WREXHAM
INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES
YEAR ENDED 31 MARCH 2024
I report on the financial statements of the charity for the year ended 31 March 2024, which are set
out on pages 7 to 13.
Resp8Ctlve responslbllltles of trustees and examlner
The chariWs trustees are responsible for the preparation of the accounts. The charity's trustees
consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the
Charities Act) and that an independent examination is needed.
It is my responsibility to:
examine the accounts under section 145 of the Charities Act;
to follow the procedures laid dovm in the general Directions given bythe Charity Commisslon
under section 145(5){b) of the Charities Act. and
to state whether particular matters have come to my attention.
Basls of Independent examlnerfs rèport
My examlnation was carr5ed out in accordance wrth 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 records. It also includes consideration of any
unusual Items or disclosures in the accounts, and seeking explanatlons from you as trustees
concerning any such matters. The procedures undertaken do not provide all the evid8nc8 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 is limited to those matters set out in the statement below.
Independent examlnevs ststement
In connection with my examination, no matter has come to my attention..
which gives me reasonable cause to believe that in any material respect the requirements".
to keep accounting ￿CordS in accordance with section 130 of the Charities Act; and
to prepare accounts which accord with the accounting records and Gomply wilh the
accounting requiremenls of the Charities Act
have not been met; or
2. to which, in my opinion, attention should be dravm in order to enable a proper understanding of
the accounts to be reached.
Dated .
L M Howson MAAT
Independent Examiner
Finansure Limited, 2 Sheppard Street. Brymbo, w￿Xharn, LL11 5FF

Page 7
GATEWAY CHURCH WREXHAM
STATEMENT OF FINANCIAL ACTIVITIES
YEAR ENDED 31 MARCH 2024
un￿strICted Restricted Totals
Funds
Funds
2024
Totals
2023
Note
INCOMING RESOURCES
Donations received
Investment income
Other income
24.249
611
509
24,249
611
42,561
50
TOTAL INCOMING RESOURCES
25,369
25,369
42.611
RESOURCES EXPENDED
Charitable activities
34
33.748
33,748
38,910
TOTAL RESOURCES EXPENDED
33.748
33,748
38,910
NET INCOMINGI{OUTGOING)
RESOURCES BEFORE TRANSFERS
(8,379)
(8,379)
3,701
Transfers between funds
Net movement in funds
(8,379)
{8,379)
3.701
8818nces brought forward
38.091
4,223
42.314
38.613
Balances carrled foNiard
29.712
4,223
33,935
42,314
The charity has no r8cognised gains or losses other than the results for the year as set out above.
All of the activitles of the charity are classed as continuing.
The notes on pages 9 to 13 forni part of these financlal statements.

Page 8
GATEWAY CHURCH WREXHAM
BALANCE SHEET
31 MARCH 2024
Note
2024
2023
FIXED ASSETS
Tangible assets
1.059
CURRENT ASSErs
Cash at bank and in hand
Debtors
32,364
40,183
1.572
33,849
41,755
CREDITORS: Amounts falllng
due wlthln one year
(51HI)
(5001
NET CURRENT ASSErs
33,349
41,255
NET ASSETS
10
33,935
42.314
RESERVES
Unrestricted funds
Restricted funds
11
11
29,712
4.223
38,091
4.223
TOTAL RESERVES
33,935
42,314
These financial statements were approved by the trustees on
and are signed on their behalf by:
M Cooke
Chair of Trustees
The notes on pages 9 to 13 form part of these financial ststements.

Page 9
GATEWAY CHURCH WREXHAM
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
ACCOUNTING POLICIES
Basls of preparatlon
The financial statements have been prepared under the historical cost convention, and in accordance
with the Charities Act, the Statement of Recommended Praclice
Accountlng and Reporting by
Charities (SORP), FRS 102 effective January 2019 and applicable accounting standards.
Fund accountlng
Unrestricled funds are general funds which are available for use at the discretion of the trustees in
fijrtherance of the general objectives of the charity and which have not been designated for other
purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions Imposed by
donors or which have been raised by the charity for particular purposes. The cost of raising and
administering such funds are charged against the specific fund.
Investment income and gains are allocated to the appropriate fund.
Incomlng rgsourcos
All incoming resources are included in the statement of financial activities when the charity is18gally
entitled to the income and the amount can be quantified with reasonable accuracy.
No amounts are included in the financi81 statements for services donated by volunteers.
Resources expended
All expenditure is accounted for on an accruals basis and has been classified under headings that
aggregate all costs related to the category.
Fund-raising costs are those incurred in seeking voluntary contributions and do not include the costs of
disseminating information in support of th8 charitable activities. Govemance costs are those incurred
in connection with administration of the charity and compliance with constitutional and slatutory
requirements.
Tanglble flxed assets
Tangible fixed assets are stated at cost less depreclatlon. Assets are capitalised if they have a useful
life greater than one year and have a value of £100 or more.
Depreciation is provided at the following annual rates in order to write off the value of each asset over
its expected useful life-
All fixed assets
25% straight line

Page 10
GATEWAY CHURCH WREXHAM
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
DONATIONS RECEIVED
2024
2023
Donations and gifts:
Unrestricted
Income tax recoverable
Unrestricted
21,572
36,857
2,677
5,704
24,249
42.561
COSTS OF ACTivrriES IN FURTHERANCE OF THE CHARITYS OBJECTS
Actlviti8S
undertaken
directy
Grant
funding of
aclivitias
SupFQrt
costs
(note 5)
Activity or project
Total
2024
Total
2023
Church running costs
27,800
27800 1
4,637
33,748
38,910
GRANT FUNDING OF ACTivrriES
2024
2023
Charitsble org8nis8tlons (UK)
Mobilise Global
Wrexham Foodbank
Regions Beyond
Individuals
20,000
5,000
2,800
4,800
246
27,800
5,046

Page 11
GATEWAY CHURCH WREXHAM
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
SUPPORT COSTS
2024
2023
Pastorfs salary
Travel expenses
Prinling, postsge and stationery
Publicity and website
Insurance
Light & heat
Subscriptions and licences
Equipment expenses
Depreciation
Accountancy & payroll
Independent Examiner's fee
Current year
Previous year
Other expenses
28,099
836
474
187
312
410
527
25
445
350
2.211
300
26
473
73
500
(100)
75
4,637
32,140
TRANSACTIONS WITH TRUSTEES
No trustees received any remuneration or reimbursed expenses during the year.
The total aggregate donations made to the charity by the trustees during the year was £7,031 (2023 -
£12,387).

Pag• 12
GATEWAY CHURCH WREXHAM
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
FIXED ASSErs
Office
EquIp￿￿t
Fumilure &
Fixtures
Equipment
Total
Cost or valuation
As at 1 April 2023
Addltions
As at 31 March 2024
918
11.457
1.892
14.267
918
11.457
1,892
14,267
Depreclatlon
As at 1 April 2023
Charge for the year
As at 31 March 2024
918
11.457
833
473
1,306
13,208
473
918
11,457
Not book valu•s
At 31 March 2024
586
At 1 April 2023
1,059
DEBTORS
2024
2023
Tax recoverable
Prepayments
1,200
285
1.231
341
1,485
1.572
CREDITORS: Amounts falling due
within one year
2024
2023
Accruals
500
500

Page 13
GATEWAY CHURCH WREXHAM
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
10. ANALYSIS OF NEf ASSETS BY FUND
General
Fund
Restricted
Funds
Totsl
Funds balances at 31 March
2024 represented by:
Tangible fixed assets
Current assets
Current liabilities
$86
29,626
{500)
586
33,849
(500)
4.223
29.712
4,223
33,935
11. STATEMENT OF FUNDS
Al 1 Aprfl
2023
At31 M8rth
2024
Incoff
Expendthre
Trdnsfers
Unrestrfcted funds:
General reserve
38,091
25.369
(33,748)
29,712
Restrlcted funds:
Maesgwyn fund
Building fund
4.215
4,215
Totsl restricted funds
4.223
4,223
Total funds
42,314
25.369
(33,748)
33,935
The Maesgwyn fijnd represents donations given towards local misslon events at the Maesgwyn Hall.
The Building fund represents donations towards buwng a building for the charity to operat8 from.