Charity number: 1120359
THE GATEWAY CHURCH KINGS LYNN
UNAUDITED
TRUSTEES' REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
THE GATEWAY CHURCH KINGS LYNN
CONTENTS
| Page | |
|---|---|
| Reference and Administrative Details of the Charity, its Trustees and Advisers | 1 |
| Trustees' Report | 2 - 3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the Financial Statements | 7 - 13 |
THE GATEWAY CHURCH KINGS LYNN
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2025
Trustees
Cameron Mathers Jerole Calvin Jacob David Taylor Andrew Richards John Andrew Charles Moyle
Charity registered number 1120359 Principal office 99C High Street King's Lynn Norfolk PE30 1BW
Page 1
THE GATEWAY CHURCH KINGS LYNN
TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2025
The Trustees present their annual report together with the financial statements of THE GATEWAY CHURCH KINGS LYNN for the year 1 April 2024 to 31 March 2025.
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
Organisation:
The church is led by a eldership 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, Cameron Mathers and Jerole Jacob.
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
Mission Statement: The Gateway Church exists to be a gateway for the gospel to go to the nations. Vision Statement: We gather in the presence of God, to grow as followers of Christ and go on mission locally and globally.
The Gateway Church continued to grow in attendance at the Sunday services and has become more diverse in nationalities. The leadership team added Cameron Mathers and Omadachi Oganyani and began eldership training course with them.
The English project continues to flourish as a safe place for Ukrainian refugees and other internationals to meet up and learn conversational English. The project continues to gather 17 clients on a Tuesday. The grant funded classroom English lessons on a Saturday have an average of 20 attendees each week. The project is working with people from Ukraine, Lithuania, Latvia, Uzbekistan and Turkey. Three clients have started attending Sunday Services.
A toddlers group was started on Mondays to serve the local community.
One Alpha course was been run to help enquiries learn about the basic tenets of the Christian faith. An outdoor baptism service was held to baptise 3 new converts.
a. Going concern
After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
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THE GATEWAY CHURCH KINGS LYNN
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
Structure, governance and management
a. Constitution
THE GATEWAY CHURCH KINGS LYNN is a registered charity, number 1120359, and is constituted under a Trust deed.
b. Methods of appointment or election of Trustees
The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust deed.
Statement of Trustees' responsibilities
The Trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales 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 incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles of the Charities SORP (FRS 102);
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make judgments and accounting estimates that are reasonable and prudent;
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state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
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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 adequate accounting records that are sufficient to show and explain the Charity's transactions and 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 Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They 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 order of the members of the board of Trustees on 18 July 2025 and signed on their behalf by:
John Andrew Charles Moyle
Page 3
THE GATEWAY CHURCH KINGS LYNN
INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2025
Independent Examiner's Report to the Trustees of THE GATEWAY CHURCH KINGS LYNN ('the Charity')
I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31 March 2025.
Responsibilities and Basis of Report
As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent Examiner's Statement
Your attention is drawn to the fact that the Charity has prepared the accounts 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) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.
I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the applicable 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.
Signed: Dated: 18 July 2025
Kolade Andrew Alli ACMA
The ARK Financial Management Consultancy Ltd 10 Gatcombe Gardens West End Hampshire SO18 3NA
Page 4
THE GATEWAY CHURCH KINGS LYNN
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025
| Note Income from: Donations and legacies 2 Total income Expenditure on: Charitable activities 3 Total expenditure Net movement in funds Reconciliation of funds: Total funds brought forward Net movement in funds Total funds carried forward |
Restricted funds 2025 £ 45,314 45,314 21,198 21,198 24,116 11,486 24,116 35,602 |
Unrestricted funds 2025 £ 82,979 82,979 82,065 82,065 914 17,974 914 18,888 |
Total funds 2025 £ 128,293 128,293 103,263 103,263 25,030 29,460 25,030 54,490 |
Total funds 2024 £ 101,225 |
|---|---|---|---|---|
| 101,225 | ||||
| 98,253 | ||||
| 98,253 | ||||
| 2,972 | ||||
| 26,488 2,972 |
||||
| 29,460 |
The Statement of Financial Activities includes all gains and losses recognised in the year.
The notes on pages 7 to 13 form part of these financial statements.
Page 5
THE GATEWAY CHURCH KINGS LYNN
BALANCE SHEET AS AT 31 MARCH 2025
| Fixed assets Note Current assets Cash at bank and in hand Creditors: amounts falling due within one year 6 Net current assets Total assets less current liabilities Net assets excluding pension asset Total net assets Charity funds Restricted funds 7 Unrestricted funds 7 Total funds |
54,910 54,910 (420) |
2025 £ - 54,490 54,490 54,490 54,490 35,602 18,888 54,490 |
29,880 29,880 (420) |
2024 £ - 29,460 |
|---|---|---|---|---|
| 29,460 | ||||
| 29,460 | ||||
| 29,460 | ||||
| 11,486 17,974 |
||||
| 29,460 |
The financial statements were approved and authorised for issue by the Trustees on 18 July 2025 and signed on their behalf by:
John Andrew Charles Moyle
The notes on pages 7 to 13 form part of these financial statements.
Page 6
THE GATEWAY CHURCH KINGS LYNN
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. Accounting policies
1.1 Basis of preparation of financial statements
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - 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 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
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.
1.2 Income
All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
1.3 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
1.4 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
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THE GATEWAY CHURCH KINGS LYNN
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. Accounting policies (continued)
1.5 Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of Financial Activities as a finance cost.
1.6 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance 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 costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
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THE GATEWAY CHURCH KINGS LYNN
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
2. Income from donations and legacies
| Restricted | Unrestricted funds |
Total Total |
||
|---|---|---|---|---|
| funds | General | 2025 2024 |
||
| £ | £ | £ £ |
||
| Donations from members | 0 | 70,634 | 70,634 70,908 |
|
| Interest Income | 0 | 174 | 174 119 |
|
| Gift Aid tax reclaimed | 0 | 12,171 | 12,171 12,893 |
|
| Donations to Building fund | 0 | 0 | 0 0 |
|
| Donations for projects and grants | 45,314 | 0 | 45,314 17,305 |
|
| 45,314 | 82,979 | 128,293 101,225 |
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THE GATEWAY CHURCH KINGS LYNN
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
3. Expenditure on charitable activities
| 3. Expenditure on charitable activities |
|||||
|---|---|---|---|---|---|
| Restricted | Unrestricted funds |
Total | Total | ||
| funds | General | 2025 | 2024 | ||
| £ | £ | £ | £ | ||
| Sunday expenses | 0 | 2,191 | 2,191 | 3,620 | |
| Bank Charges | 0 | 81 | 81 | 7 | |
| Catering and hospitality costs | 0 | 181 | 181 | 469 | |
| Giving and other ministry costs | 3,629 | 8,099 | 11,728 | 4,285 | |
| Wages and salaries | 13,585 | 42,978 | 56,563 | 60,501 | |
| Staff pensions | 724 | 4,327 | 5,051 | 0 | |
| Sunday Hall hire | 0 | 9,540 | 9,540 | 8,760 | |
| Staff expenses | 0 | 0 | 0 | 409 | |
| Expenditure on Children’s ministry | 0 | 165 | 165 | 896 | |
| Expenditure on Youth ministry | 416 | 0 | 416 | 331 | |
| Office supplies and expenses | 204 | 1,555 | 1,759 | 1,769 | |
| Photocopier | 0 | 885 | 885 | 0 | |
| Subscriptions | 0 | 1,374 | 1,374 | 910 | |
| Office Rent | 2,640 | 4,200 | 6,840 | 6,840 | |
| Training | 0 | 3,600 | 3,600 | 2,292 | |
| Conferences | 0 | 26 | 26 | 218 | |
| Insurance and legal cost | 0 | 616 | 616 | 595 | |
| Utilities | 0 | 1,759 | 1,759 | 0 | |
| Advertising | 0 | 68 | 68 | 0 | |
| Expenditure on projects and grants | 0 | 0 | 0 | 5,931 | |
| Independent examiner's fee | 0 | 420 | 420 | 420 | |
| 21,198 | 82,065 | 103,263 | 98,253 |
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THE GATEWAY CHURCH KINGS LYNN
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
3. Independent examiner's remuneration
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Fees payable to the Charity's independent examiner for the independent | ||
| examination of the Charity's annual accounts | 420 | 420 |
4. Trustees' remuneration and expenses
During the year ended 31 March 2025, expenses totaling £ 40,750 were paid directly to John Andrew Charles Moyle (2024 - £40,749 ), in the form of salary for services provided to the charity.
.
5. Creditors: Amounts falling due within one year
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Accruals and deferred income | 420 | 420 |
Page 11
THE GATEWAY CHURCH KINGS LYNN
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
7. Statement of funds
Statement of funds - current year
| Unrestricted funds General Funds Restricted funds Restricted Fund Total of funds |
Balance at 1 April 2024 £ 17,974 11,486 29,460 |
Income £ 82,979 45,314 128,293 |
Expenditure £ (82,065) (21,198) (103,263) |
Balance at 31 March 2025 £ 18,888 |
|---|---|---|---|---|
| 35,602 | ||||
| 54,490 |
Page 12
THE GATEWAY CHURCH KINGS LYNN
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
7. Statement of funds (continued)
Statement of funds - prior year
| Unrestricted funds General Funds Restricted funds Restricted Fund Total of funds |
Balance at 1 April 2023 £ 11,587 14,901 26,488 |
Income £ 83,920 17,305 101,225 |
Expenditure £ (77,533) (20,720) (98,253) |
Balance at 31 March 2024 £ 17,974 11,486 29,460 |
|---|---|---|---|---|
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