Charity registration number: 1120359 ## THE GATEWAY CHURCH KINGS LYNN Annual Report and Financial Statements for the Year Ended 31 March 2022 Document Ref: FA2VM-TV45H-FAXNZ-MC3XZ Page 1 of 15 ## **Contents** |**Contents**|| |---|---| |Reference and Administrative Details|1| |Trustees' Report|2 to 3| |Statement of Trustees' Responsibilities|4| |Independent Examiner's Report|5| |Statement of Financial Activities|6| |Balance Sheet|7| |Notes to the Financial Statements|8 to 13| Document Ref: FA2VM-TV45H-FAXNZ-MC3XZ Page 2 of 15 ## **Reference and Administrative Details** ## **Trustees** John Andrew Charles Moyle David Taylor Andrew Richards ## **Principal Office** 25 South Wootton Lane King's Lynn PE30 3BS **Charity Registration Number** 1120359 ## **Independent Examiner** Kolade Andrew Alli ACMA KARE Financial Management Consultants Ltd 10 Gatcombe Gardens West End, Hampshire SO18 3NA Page 1 Document Ref: FA2VM-TV45H-FAXNZ-MC3XZ Page 3 of 15 ## **Trustees' Report** The trustees present herewith their annual report, together with the financial statements of the charity for the year ended 31st March 2022. ## **Organisation:** The church is led by a leadership team who nominate Trustees. The Trustees at the date of this report and at any time during the period covered by this report are John Andrew Moyle, Andrew Richards, David Taylor and Paul Amos. The trustees meet quarterly to review the governance and finances of the Church. Day to day operations are managed by an eldership team who meet regularly with the Treasurer. The Church operates in association with the Relational Mission Sphere of NewFrontiers. ## **Activities** The Gateway Church exists to be a gateway for the Gospel to go to the nations. Our vision is to gather, grow and go! The second year of the Coronavirus pandemic again limited the activities of the Gateway Church. In the periods of no public gatherings, we continued to run online church services, small groups and other activities. We changed venue twice as society opened up again. Our Sunday in person attendance dropped by 30% on pre-Covid levels, but the church underwent rapid growth back to normal levels from January 2022. Volunteers helped with the local Foodbank and Hygiene Bank. An in-person Alpha Course was run and 2 people professed new Christian faith. Giving is increasing mainly through online and bank transfers. In the last six months we began to train volunteer TEFL teachers to restart our International Café outreach project in April 2022. Page 2 Document Ref: FA2VM-TV45H-FAXNZ-MC3XZ Page 4 of 15 ## **Trustees' Report** ## _**Public benefit**_ The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales. The annual report was approved by the trustees of the charity on 5 August 2022 and signed on its behalf by: ......................................... John Andrew Charles Moyle Trustee Page 3 Document Ref: FA2VM-TV45H-FAXNZ-MC3XZ Page 5 of 15 ## **Statement of Trustees' Responsibilities** The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations. The law applicable to charities 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 the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to: - select suitable accounting policies and then apply them consistently; - observe the methods and principles in the Charities SORP; - make judgements and estimates that are reasonable and prudent; - state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by the trustees of the charity on 5 August 2022 and signed on its behalf by: **----- Start of picture text -----**
.........................................
**----- End of picture text -----**
......................................... John Andrew Charles Moyle Trustee Page 4 Document Ref: FA2VM-TV45H-FAXNZ-MC3XZ Page 6 of 15 ## **Independent Examiner's Report to the trustees of THE GATEWAY CHURCH KINGS LYNN** I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 March 2022 which are set out on pages 6 to 13. ## **Respective responsibilities of trustees and examiner** As the charity’s trustees of THE GATEWAY CHURCH KINGS LYNN you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). I report in respect of my examination of the THE GATEWAY CHURCH KINGS LYNN's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner’s statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of THE GATEWAY CHURCH KINGS LYNN as required by section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. ...................................... Kolade Andrew Alli ACMA KARE Financial Management Consultants Ltd 10 Gatcombe Gardens West End, Hampshire SO18 3NA - 5 August 2022 Page 5 Document Ref: FA2VM-TV45H-FAXNZ-MC3XZ Page 7 of 15 ## **Statement of Financial Activities for the Year Ended 31 March 2022** |**Statement of Financial Activities for the Year Ended 31 March**
**2022**|**Statement of Financial Activities for the Year Ended 31 March**
**2022**| |---|---| |**Unrestricted**
**funds**
**Restricted**
**funds**
**Total**
**2022**
**Total**
**2021**|| |**Note**
**£**
**£**
**£**
**£**|| |**Income and Endowments from:**|| |Charitable activities|83,258
1,625
84,883
84,549| |**Expenditure on:**|| |Charitable activities|(86,426)
(566)
(86,992)
(80,073)| |Total expenditure|| ||(86,426)
(566)
(86,992)
(80,073)| |Net|| |(expenditure)/income|(3,168)
1,059
(2,109)
4,476| |Net movement in funds|| ||(3,168)
1,059
(2,109)
4,476| |**Reconciliation of funds**|| |Total funds brought|| |forward|9,009
7,591
16,600
12,124| |Total funds carried|| |forward
8|5,841
8,650
14,491
16,600| All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2021 is shown in note 8. Page 6 Document Ref: FA2VM-TV45H-FAXNZ-MC3XZ Page 8 of 15 ## **(Registration number: 1120359) Balance Sheet as at 31 March 2022** |**(Registration number: 1120359)**
**Balance Sheet as at 31 March 2022**|**(Registration number: 1120359)**
**Balance Sheet as at 31 March 2022**| |---|---| |**2022**
**2021**|| |**Note**
**£**
**£**|| |**Current assets**|| ||| |Cash at bank and in hand
6|14,841
16,950| |**Creditors: Amounts falling due within oneyear**
7|| ||(350)
(350)| |**Net**assets|| ||14,491
16,600| |**Funds of the charity:**|| |**Restricted income funds**|| ||| |Restricted funds|8,650
7,591| |**Unrestricted income funds**|| ||| |Unrestricted funds|5,841
9,009| |**Total funds**
8|| ||14,491
16,600| The financial statements on pages 6 to 13 were approved by the trustees, and authorised for issue on 5 August 2022 and signed on their behalf by: ......................................... John Andrew Charles Moyle Trustee Page 7 Document Ref: FA2VM-TV45H-FAXNZ-MC3XZ Page 9 of 15 ## **Notes to the Financial Statements for the Year Ended 31 March 2022** ## **1 Accounting policies** ## **Statement of compliance** The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011. ## **Basis of preparation** THE GATEWAY CHURCH KINGS LYNN meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes. ## **Exemption from preparing a cash flow statement** The charity opted to early adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements. ## **Going concern** The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern. ## _**Charitable activities**_ Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Page 8 Document Ref: FA2VM-TV45H-FAXNZ-MC3XZ Page 10 of 15 ## **Notes to the Financial Statements for the Year Ended 31 March 2022** ## **Taxation** The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes. ## **Cash and cash equivalents** Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. ## **Fund structure** Unrestricted income funds are general funds that are available for use at the trustees's discretion in furtherance of the objectives of the charity. Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose. Page 9 Document Ref: FA2VM-TV45H-FAXNZ-MC3XZ Page 11 of 15 ## **Notes to the Financial Statements for the Year Ended 31 March 2022** ## **2 Income from charitable activities** ||**Unrestricted**| |---|---| ||**funds**
**Restricted**
**Total**
**Total**| ||**General**
**funds**
**2022**
**2021**| ||**£**
**£**
**£**
**£**| |Donations from members|60,720
-
60,720
66,735| |Miscellaneous Income|9,500
-
9,500
4,334| |Donations to Youth ministry|-
250
250
375| |Gift Aid tax reclaimed|13,038
-
13,038
11,565| |Donations to Benevolent|| |fund|-
-
-
400| |Donations to Building fund|-
980
980
1,140| |Donations for European|| |Mission|-
395
395
-| ||83,258
1,625
84,883
84,549| Page 10 Document Ref: FA2VM-TV45H-FAXNZ-MC3XZ Page 12 of 15 ## **Notes to the Financial Statements for the Year Ended 31 March 2022** ## **3 Expenditure on charitable activities** |**3**
**Expenditure on charitable activities**|**3**
**Expenditure on charitable activities**| |---|---| |**Unrestricted**|| |**funds**
**Restricted**
**Total**
**Total**|| |**General**
**funds**
**2022**
**2021**|| |**£**
**£**
**£**
**£**|| |Sunday expenses
2,605
-
2,605
2,723|| |Catering and hospitality|| |costs
265
-
265
-|| |Giving and other ministry|| |costs
7,842
-
7,842
4,752|| |Wages and salaries
52,097
-
52,097
54,841|| |Staff pensions
7,374
-
7,374
4,300|| |Sunday Hall hire
3,120
-
3,120
960|| |Staff expenses
51
-
51
56|| |Expenditure from|| |Benevolent fund
-
-
-
430|| |Expenditure on Childrens|| |ministry
320
-
320
233|| |Expenditure on Youth|| |ministry
-
250
250
250|| |Office supplies and expenses
299
-
299
483|| |Photocopier|123
-
123
464| |Subscriptions|1,233
-
1,233
1,053| |Office Rent|6,840
-
6,840
6,840| |Training|848
-
848
-| |Conferences|268
-
268
-| |Insurance and legal cost|358
-
358
330| |Utilities|2,221
-
2,221
1,787| |Advertising|212
-
212
221| |European Mission|-
316
316
-| |Independent examiner's fee|350
-
350
350| ||86,426
566
86,992
80,073| Page 11 Document Ref: FA2VM-TV45H-FAXNZ-MC3XZ Page 13 of 15 ## **Notes to the Financial Statements for the Year Ended 31 March 2022** ## **4 Trustees remuneration and expenses** During the year the charity made the following transactions with trustees: **John Andrew Charles Moyle** John Andrew Charles Moyle received remuneration of £29,427 (2021: £29,604) during the year. Re-imbursement of expenses in the form of salary for services provided to the charity Page 12 Document Ref: FA2VM-TV45H-FAXNZ-MC3XZ Page 14 of 15 ## **Notes to the Financial Statements for the Year Ended 31 March 2022** ## **5 Taxation** The charity is a registered charity and is therefore exempt from taxation. |**5**
**Taxation**
The charity is a registered charity and is therefore exempt from taxation.|**5**
**Taxation**
The charity is a registered charity and is therefore exempt from taxation.| |---|---| |**6**
**Cash and cash equivalents**|| |**2022**
**2021**|| |**£**
**£**|| |Cash at bank
14,841
16,950|| |**7**
**Creditors: amounts falling due within one year**|| ||**2022**
**2021**| ||**£**
**£**| |Accruals|350
350| |**8**
**Funds**|| ||**Balance at 1**
**Incoming**
**Resources**
**Balance at 31**| ||**April 2021**

**resources**
**expended**
**March 2022**| ||
**£**
**£**

**£**
**£**| |**Unrestricted funds**|| |General|| ||9,009
83,258
(86,426)
5,841| |**Restricted funds**|| ||7,591
1,625
(566)
8,650| |**Total funds**|| ||16,600
84,883
(86,992)
14,491| ||**Balance at 1**
**Incoming**
**Resources**
**Balance at 31**| ||**April 2020**

**resources**
**expended**
**March 2021**| ||
**£**
**£**

**£**
**£**| |**Unrestricted funds**|| |General|| ||5,768
82,634
(79,393)
9,009| |**Restricted funds**|| ||6,356
1,915
(680)
7,591| |**Total funds**|| ||12,124
84,549
(80,073)
16,600| Page 13 Document Ref: FA2VM-TV45H-FAXNZ-MC3XZ Page 15 of 15 ## **Signature Certificate** Reference number: FA2VM-TV45H-FAXNZ-MC3XZ **Signer** **Timestamp** ## **Signature** ## **Andy Moyle** Email: clients@themoyles.co.uk Sent: Signed: 21 Jul 2022 19:45:24 UTC 21 Jul 2022 19:45:24 UTC IP address: 46.64.121.45 Location: Spalding, United Kingdom Document completed by all parties on: 21 Jul 2022 19:45:24 UTC Page 1 of 1 ## **Signed with PandaDoc** PandaDoc is a document workflow and certified eSignature solution trusted by 30,000+ companies worldwide.