Registered Charity no. 1122411
Regist8red Company no. 06459552
Gateway Buildings Trust
(Company Limited by Guarantee)
Trustees Annual Report and Accounts
Year Ended 31st March 2024

Gateway Buildings Trust
Year Ended 31st March 2024
Contents Page
Page
Legal and Adminlstrative Inf0M￿tIOn
Trusle8s Annual Report
Independent Examiners Report
Statement of Financial Activtties and Income
and Expenditure Account
Statement of Financial Posltion
Notes to the Financial Statemenls

Gateway Buildlngs Trust
Year Endad 31st March 2024
Legal and Admlnlstratlve Infornjatlon
The trustses, wtrK) ar8 also the directors for the purposes of company18w, present their report and
the unaudited financial statements ol the charity for Ihe year ended 31 MarGh 2024.
Tha ffinandal statements have been prepared In a¢ccKdance wlth the accountkng polldes set out In
notes to the accounts and comply wllh the charW8 govemlng document. the Charltles Act 2011 and
Accountlng and Reportlng by Charits'es: Ststement of Recommended Practbce applicable to chatltles
preparing thelr accounts in acC￿danCe wlth thè Flnancsal Reporting Standard applicable in the UK
and Republic of Ireland publlshed in October 2019.
R•fgrenc•
The Charlty Is called "Gateway Bulldlng Trust" and Is reglslered wlth Iha Charlty Commls8lon for
England and Wales as an Incorporated Assoclatlon Ilmlted by auaranlee .
R•gl•tered Charfty Numhr
1122411
R?gl$tsr•d Company Numbor
06459552
R•o18t¢rad Offlc•
St. Mark's Church
St. ma￿,$ Road
Woodh(MJsa
Leeds
LS2 9AF
Th• Truste•8 and Dlroctor•
Christopher Frosl
Ellzabeth Bord
Samuel Sharfflan
Matthew Hor8man
Davkl Walkls
(Chair) Appointed 0610312019
Appointed 0610312019
Appointed 1411012019
AFpolnied 0811112023
Reslgned 0511012023
Company Socrotary
Ellzabeth Blrd
Appointed 0610312019
Pvlmary B•nk•r•
CAF Bank Lld
25 King's Hlll Avenue
King's Hill
West Malling
Kent
ME19 4JQ
Indepèndont Examlnor:
Philip Holt FCA FCIE
Harrison Holt, Chartered Accountsnls
High Park Farm,
Kirkbymoorside, York,
Y062 7HS

Gateway Buildings Trust
Year Ended 31st March 2024
Truslees Annual Report
T￿St•05 Annual R•port (In¢orporatlng Iho dlroctof8 roport
Gateway Bulldings Tntst was incorporated as a oynpany on 21st December 2007 and regiglered as a
charity with the charity commission of England and Wales on 22 January 21J)8. Thé V￿MoranduM and
Articl8s ofAssociatlon of Gateway Buildings Twsl ware drawn up on this dale arml have not slncé been
amended.
Structure. Governance and Management
Gateway Buildings Tntsl ig managod on a da￿lO￿aY ba818 by tt18 Trustees of Ihe TrusL
Th8 Tiustees of the charity observe Gateway Buildings Trusvs obligalions under company and charity
law and carry primary responsikn'lity for the leadowship ol Galeway 8uildings Trust.
Naw Trusteè8 may be appointed by a raso*Jtion passed by the rnalority of lh8 existing truslees.
Objectlvos and Achl•v•ments
The ststed obiecliv88 01 Gateway Buldings Tfust are..
.To adv8nce the Chri$t5an falth in accordance with Ihe Stalement ol Bellefs held by Gateway Church.
.To provide buildings for use by G8teway Church" indudlng m8int8n8nce. reparab(m. preservation,
Improvemenl. and recon8tructlon for th8 bgn8fft of the publlc of sultab18 txJlkllng8 for Gateway Church
30 that It may better pursue its stat8d objects.
To gchl8ve these objectlves Gateway 8ulldlng8 Trust purch88od St Marks bulldlng and gr(￿ndS on 13th
March 2008, in response to the requegt of Galoway Church and Ihe declslon to renovato th@ bulldlng to
sult the Clvjrch's ne6d8. The buikllng has been ronovated and Gateway Church commenced maetlng
rogularty at Sl Marts from Sunday 2 March 2014.
Galeway Buildings Trust received a grant from English Heritage (now Hlsloric England) ftx repalrn to Sl
Marks. In 2015 Gateway Buildlngs Trust received a grant from the Llsted Pla¢e8 of Worshlp Roof Repair
Fund, to repair the roof of the ve$try. AJI furmjed repair work ha8 been fulty completed on th8 building.
Durfng Ihe finandal year 202312024, Gateway Bulldings Trust contlnues with work relating to Ils Ihree
pr40rilles as outitned below..

Gateway Bulldings Trust
Year Ended 31st March 2024
Trustees Annual Report
1. Improvlng a¢¢es$ and parklng faGIUtI•$.
Follt)wlng Suc￿5$fUllY Usted Bulldlng Consent and a rèvlsed applkallon ft)r Non-malerfal
Amendment to plannlng rA)nsent for a parklng area to thé front of St Mark's, Gateway Bullding Trust
30ught quotes for Ihe plans.
In February 2024 Carthy Contr8¢1ing Ltd were instnJd8d to complete the works. Thls was only made
possible following a successful grant appllcation fund of £18.000. Gateway Building Trustees would
like to recognlse thelr gratI￿de to the Benefact Trust for th8ir conlribution to thls pr0￿cl.
Worf(s ar8 currently scheduled to begln on Monday 6 th May. followlng n8cessary rlsk as$ossments
and checks. 1119 sadly accepted that there are not anough funds al thls 8kge to renovate the
cobbled access, bthleh has been ralsed as a heallh and safety concem.
2. Renovatlng th• grounds of St M•rk's
The Woodland Managemènl Plan continues io b8 oulworked with Tom Coxhead.
Gateway Bulldlng Trust ￿re 8ucc&8sful In achieving a £5000 toward8 creating a wocxlchlp path. Thls
was passed on to Gateway church for the man8gemenl of the project by their staff and vdtsnleers.
Gateway Bulldlng Tru8te88 would Ilke to rocognls8 thelr gratltudo to Leeds Communlty
Foundadon for thelr conlrlbutlon to this project. Work on the palh has stsrted and will conlinue In to
3. R•novatkng lh• ￿*try of 8t Mark's
Gateway Bulldlng Trust hav8 conlinued to 8eek grants for tho renovatlon of the vestry, whkh w88
not r8novated as part of the Hlstoric England grant works. It Is hoped that thls Can be utillsed as a
communlty space in tha fuiure.
Other a¢hlov•m•nts th18 year Indude..
Mainlenance of the bulding and grounds are kept up to dale by Gateway Church, who lease tha building
from Gateway Buildings Tnjst, wlih the consultallon of the Bumdings Trust Trustees. Th8 Tru81ees
acknowledg8 the hug8 SUPPOrt from the Local Community Payback te8m for their work in this aYe8.
The Knotweed on Ihe grounds Inspe¢t8d and treated as per the a9reed plan.
Plans for Future P¢rlods
Gateway Bulidirys Trust Is hoplng to progress with thè developmenl of thè grounds and parking area
Immedlately SUrr￿nd]￿J Sl Maths Church in the comlng year.
Gateway Bulklings T(ust now endeavours lo renovale Ihe vestry In full to provide a space for communlty
actlvrti8s. They continue to se8k grant fundlng over the coming year.

Gateway Bulldings Trust
Year Ended 31 st March 2024
Trustees Annual Report
R•vl•w of Flnanclal Acllvltles
Gateway Bulldings Trust holds a Mortga￿ wilh Triodos Bank. who hold sole charge on Ihe ￿lIdIng of Sl
Marks Church. Galeway Church has cnmmittéd to keeping up repayments on this k)an. through the
lease payments made to Gateway 8uddlng8 TrusL
Gateway Churth has a designated fund set aslde for St Marks bulkling cr8Alad 8nd su8talnBd by
Gateway Churth member donallons.
Ex￿ndItUre during this perfod is almost enllrety related lo loan repayTnents.
Gateway Bull dings Trust finishes Ihis financial perfod. much the sam8 as the prevI￿S year, wllh Ilitle
unr8slrict8d cash in Ihe bank. Restrlcled funds are held for the purpose of the gr￿nd red6vdopm8nt.
The Trust continu8S to ￿duce its mortgagé in accordance with the loan repayment Sthedule.
Galeway Bullding8 Tru$t's Ilnancial position at the end of thè year:
Unrostrlcted FundB
Rostrlcted Funds
Total
286,950 h81d 89 flxed assets (St Mark6 Bulldlng)
45,428
332,378
Publ1¢ B•n•llt
G8toway Church glv86 due Conslderation lo thg Charlty Commb68lon's publlshed guldance on Public
Benefit r8qulr8mont under Ihe Charllle8 Act 2011. The Trustees pay due regard to tha publlc bengllt they
provlde before decldlng what actlvltles th¢ ¢harfty ShO￿d undertake and contlnue to conslder thdr
actlvttl88 In Ilne wllh thelr sta18d objécdves above.
Through th8 provl8ion of 8 buihllng for Gateway Church. th8 Buildlr¥J8 Trust provides public banèfil to
the chur¢h congre9ation and the local community through the activitles the Church undertakes. Through
Ihe maintenance of Sl Math's t)uilding in Woodhouse, Gateway Church benefits the WNIC by providlng a
place of wowshlp for all who wlsh to attend and m8intainlng a space that Is open for personal splrilual
contemplation.
Gatsway Bulldlngs Trust se•ks lo pre8eprfe the herllage of St Marks bulkllng and118ted monuments
within it grourKIs.
R•serv•s Pollcy
The Trustees have consldered the level of r8S8rves they w18h lo relain, appropriale lo the ch8rlV8
needs. Thls is based on the charitys size and Ihe level of financial commrtrnents hekl. The Truslee8 aim
to ensure the charity wlll be able to continue to fulfil its chawilable objective8 even if Ihere is a temporary
shortfall in i￿Orne or tsn8xpected expendilure. Th8 directors will endgavour not lo set asid8 funds
unneces8arfty.
The G8teway Bulldlngs Trust Cu￿en11Y holds no reservos. the trustees consider th81 It f5 currently
unnecessary due to th8 nature of thelr Current athities and th8 commStm8nl from Gateway Church to
keep up repayments on Iheir loan. If Gateway Buildi)gs Trnsl was lo embark on a further restoration
project, then suffici￿1 contingency costs will th8 budgeted Into this work.

Gateway Bulldings Trust
Year Ended 31 st March 2024
Trustees Annual Report
Golng Concom Statsmont
The Trustee of Galeway Buiklinas Trusl. M Ihe date of approving this report and accounts, con8lders
that therg are no uncertaints'8s aboul the Gharity's abilty to continue as a g￿n9 concefn.
Statement of Dlrector'$ Responsibllltles
The Charities Acl and the Companies Act require Ihe Board of Truste8S to prepare finandal slatem8nts
for each financlal year which gNe a true and fair vlew of the state of affalrs of the charity 8t the end ol
the financial year 8nd of the surplus or doficil of the tharity. In preparing those financial ststements the
Board Is requlred to.'_
l. select sultsbla accountlng pollcles and then apply them coDslstently,
11. make ludgments and estlmates that are reasonable and prudant,
111. prepare financial slat8m8nts on a golng concern basis unless il Is Inapproprbab to presume that th8
company will ￿ntinue in business.
IV. stste whether appIl￿blo accountlng siandards and statements of recommended pradle* have been
followed, subject lo any material departures disclosed and explalned in lh8 financlal slatemenls.
The trustees are aho responslble for malntalnlng adequate accountlng records vthlch dlsclose wlth
reasonabl8 accuf8cy al any Ilme Ihe ffinanclal poslllon of the charlty and whlch are sufficlent to show and
èxplaln the chailtys transactlons and enable them lo ensure Ihat the financlal slalemonts compty wlth
the Companles Act 2006 and comply wlth regulatlon8 made under Ihe Charllles Act. They are also
responsible for safeguarding the assels of the charity and h8ncA for taking reasonable 51ep8 for the
prevention and d81oclion of fraud and other irregularilies.
The trustees are responslble for ryepariTr3 the Trustee's Annual RetM)rt and fin8ncial statemenls in
accordance wrylh Itt9 8pplicable13w arKI Ihe United Klngdom Generalty Accepled Accountlng Practica.
These acc¢>unts hove been pr8par8d In accordgnce wlth the pThlslons appllcable to companl•s sublect
the Small companles 8xernptlon.
l approve the attached statamant of financlal activltles and balance sh8el for the year ended 318t March
2024 and confimi th81 I have made a¥allab18 all infomiallon necessary for preparab'on.
Slgnod on behalf of the dlrg¢tors:
Dalo of approval: Ic) / I l Jto2*
Chrlsloph•r Frost (Chalr of Trustees)

Gateway Buildlngs Trust
Year Ended 31 st March 2024
Independent Examlners Report
I report to Ihe charity trustees on my oxamlnalion of thg aGcounts of the conN)any for the year ermjed
31 March 2024 whlch are set ￿t on page8 7 to 17.
Responslbllltlos and basls of r•port
As the charlty trustees {and also dlrectors for the purpos98 of company law) you are responslbl8 for
the preparation of Iho accounts In accordan¢& wlth Ihe rewlremenls of th9 Companles Acl 2006 {'th8
2006 AcV>.
Having satisfied myself that Ihe accounts of the company 8re not r8qulred to b8 audlted under Part 16
of the 2006 Act and arg eligible for indepondent 8xamrnatlon. I repl￿ in resp8cI of my examinallon ol
your compan￿$ accounts as carried oul under section 145 of the Charilies Act 2011 ('ihe 2011 Acl'}.
In carrying out examination I h8ve followed tho Dlrections given by the Charity Commlsslm under
sedion 145(5)(b) of the 2011 Act.
Indep•ndent •xamln•rfs statamont
I hav8 completed my examinallon, l ¢onfim that no matters havo come lo my att8niion in connection
wtth the examinatlon glvlng me cause to bellgve thal In any materlal respecl:
1. accountlrwJ rocord8 wgr8 nol kept In ro8PeCt of lh8 company 88 requlred by sectlon 386 of the 2006
Act; or
2. the accounls do not aCc￿d wlth those records,. or
3. the accounls do r￿t compty wilh the accountsng requkements of $8ction 396 01 the 2006 Act other
than any requirement that the accounts give a 'true arKI falr vlew. which is nol 8 matter consldered a8
part of an independent examinatth; or
4. the accoun18 have not been propafed in accordance with the mèlh(xt8 and principles of the
Statoment of Roc(vnm8nded Pracllce for accountlng and reporllng by Gharitl8S applicable to charllles
preparlng thelr accounls In accordan¢8 wlth the Flnanclal R8POrtlng Standard appllcable In tha UK and
Republk of Ireland IFRS 102).
I have no concems and have come acrogs no other matters In connectlon wlth Ihe examlnallon to
whlch attenllon should be drawn In thls report In order to enable a proper undarslandlng of the
accounts lo be reached.
L(4 WIÈ
Phillp Holl FCA FCIE
Independent Examiner
Hlgh Park Farrn.
Klrkbymoorslde
York.
Y062 7HS
,%l,,l-y

Gateway Buildings Trust
Year Ended 31st March 2024
Statement of Flnanclal Actlvlties and Income and Expendlture Account
2024
Reslricled
Funds Total Funds Totsl funds
2023
Unrestricted
Funds
Incorn•
Donations and1og8Ci8S
Charilable aclivilles
Other income
8.957
30.239
71
25,250
34,207
30.239
71
11,832
30,239
38
Total Incom•
39.267
25,250
64.517
42,109
Exp•ndltur•
ExpentJitura on charitable aclivilies
Govemanca Costs
21,227
528
5,315
26.542
528
24,443
Total exp•ndltur•
21.755
5.315
27.070
25.403
N•t Incom• and n•t mov•m•nt In funds
17,512
19,935
37,447
16.706
Reconclllatlon olfund•
Total funds ￿Ought forward
Total fund• caIrf￿ lo￿ard
14
269.438
25,493
294.931
278,225
14
286,950
45.428
332,378 294,931
The slatemenl of llnanclal actlyllles InclLKles all gains and10s883 recognlsed In th8 year.

Gateway Buildings Trust
Year Ended 31st March 2024
Statement of Flnanclal Posltlon
2024
2023
Flx•d as8•ts
Tangible fixed assets
11
600.OOD
600.000
Curr•nt aM•ts
Cash at bank and in hand
45,356
25,530
Total Currnnt A•s•ts
45,356
25.$30
Cr•dltor•: amotsnts lalllng due wlthln one y•ar
N•t curr•nt aBut•
12
18,196
17,473
27.160
8,057
Total assets h•8 culmnt Ilablllth8
627,180
608,057
Cr•dltorn: amount8 falllng du• In more than one y•ar
N•t aM•t•
13
294,782
313.126
Is
332,378
294.931
Funds of th• charlty
Roslrtcted fvnd5
Unrestrlcted funds
14
14
45,428
286.950
25.493
269,438
332.378 294,931
Total charlty fund8
14
Olmctors R￿ponsIbIl￿￿*
For the ￿ar endlng 31 March 2022 the charlty was antltled lo exemptlon from audit under aectlon 477 of
the Companies Acl 2006 relatlng io small companios.
DlreclcY8' r88wJnslbilitie3:
The members have nol required the company lo obtsln an audit of fts financl818tat•menl$ for the
year in question in accordance wlth s8ct¥)n 476;
Th8 directors ad(nowledge Iheir responsibirlties for c¢)mplying with Ihe requir8ments of Ihe Act with
respect to accounting records and the Pfoparatlon of fin8nclal statemenls.
These financial staleménts have been prèpared in accordanc8 With Ihe provlsions applicablo to
companies subjeGI lo the small companies, regime.
Thes8 flnanclal statements were approved by the board of truslee5 and aulhorfsed for Issue on the date
below, and are signed on behalf of the board by Christopher Fro81 (Chair of Galeway Building Trust).
Gateway Bulldlngs Trust Reglstered Company Number: 06459552
8lgn•d on b¢half of the dlr•ctors:
Dale of approval: IO/Ii 120Ltr
Chrfstopher Frost (Chalr of Trustets)

Gateway Buildings Trust
Year Ended 31st March 2024
Notes to the Flnanclal Statements
1 G•neral Infomiatlon
The charity is a public benefrt entity and a privale company limited by guarantee, registered
in England and Wales and a regislered charity in England and Wales. The address of Ihe
registered office13 St. Mark'8 Church, Sl. Mark's Road, Woodhouse. Leeds, LS2 9AF,
2 Statement of Compllanc•
The financial statements have been prepared in accordance wlth Accountlng and Reporting
by Charities: Stslement of Recommended Praclice applicable to charilles preparing their
accounts In accordance with the Financial Reporting Standard applicable in the UK and
Rèpubllc of Ireland issued in October 2019, the Financial Reporting Standard applicable in
the United Kingdom and Republic of Ireland (FRS 102). the Charities Act 2011, Ihe
Companies Act 2006 and UK Generally Accepted Accounling Practice.
The Gateway Buildlng8 Trust constilutes a publlc benefit enlity as defined by FRS 102.
3 Accounllng Poll¢￿*
Ba818 of Preparatlon
The financtal statem•nts have been prepared under the hl8torical cost convertbn.
The fingncial statement3 are prepared in sterfing, which Is the lunctional currency of the
entity and rounded to the nearest £1.
The slgnificant a¢¢ounting policias applied in the preparallon of these financial statements
are set out bel￿. These policiès have been con8iStentty applied lo all years presented
unle36 otheTrvise stated.
A$s￿8Ment of Golng C•)ncem
Preparation ol the accounls is on a going concem basls. The trustees consider thal there
are no material unc•rtainties at>out Ihe Charivs ablllty to continue as a golng concern.
Fund Accountlng
Un￿StrICted Income fund¥ compiise those funds whlch Ihe trustees are free to for any
purpose in furtherance of the charitable obje¢ls. Unrestricted funds include designated
furKls where the tfustees, at their discretion, have sel aside resources for a specific
purpose. Some regular donations from church members have bean designated for th8
lease paymenl on the St Marks bullding and are set aslde in a buildlng fvnd for Ihis use.
Restricted funds are funds which are to be used in accordance with Specific re5tfiCtlons
imposed by the donor or the temi of speclfic appeal, often know as a 'special offerlng. in the
church.
Further explanation of the nature and pufpose of each fund is included in the notes to the
accounts.

Gateway Buildings Trust
Year Ended 31st March 2024
Notes to the Flnaneial Statsments
Incomlng R080urc•s
All incoming res￿rCeS are recognised once Ihe charity has enlitlement to the resources. It
s probable Ihal the resources will be received, and the monetary value of incoming
resources be measured with sufficlent reliabilty.
. All voluntary Income from membw8 of Ihe church are re¢ognlsed as donations and are
included in full, wllh assoclatad Gifl Ald receivable in th• Slat¢ment of Flrkincial AGtivities.
. Grants where entitlement 18 not conditional on Ihe delivery ol Specific perfonnance by the
charlty are recognlsed when th8 charity b8¢ome8 unconditionally entltled to the grant.
. Income re8OUfC88 from charilable trading actlvitles such a8 t￿letting of Sl Mark's
bullding are accounted for when involc8s are drawn up (as the polnt of entrtlament).
Donated gervice8 and tacililie8 are included at the value to the charity where thls can
quanllfied.
. Gifts in Klnd are accounled for at a reasonable estimate of Iheir value to th• tharty or the
amount actually r88liged.
. Volunteer time. the value of voluntary support for the work of the church Is not Included in
the accounts bul 13 described in th8 Trust8•s annual report.
RMourcg8 •xp•nded
Expendlture18 recognised on an a¢¢rual baJi8 a8 a Ilablllty18 Incurred. Liabilitieg are
recognised where il Is more lik•ty than not that there is a legal or conslnjctlve obliggtion
committing the charity to pay out th• r•8our¢e8 and the amount of the obllgation can be
measured wlth reasonable certainty.
Gov•rnanc• Costs
Include costg of the prepaiation and 8xaminalion of statutory accounts. the costs of the
Irustees, ma¢ting8 and cost of any legal 8dvic• to tru$te•s on govemance or constitutional
matters.
Llablllty Rocognltlon
Abiliti•s are recognised as soon as theré is g legal or constructive obligation ¢c￿mIttlng the
chority to pay out resources.
Tanglblo fixed assots
Land and Buildings
The Church building Is held in the accounts al cost value. Due to the nature of Ihe church
building It 5$ unreasonable due to Ihe fact that the useful economi¢ life cannot be accurately
ostimated. It is also impractical for Ihe building to be held under a maluation model due lo
the unique ngtur• of Ihe bullding and the inabilty to reliably valuo Its worth.
Due lo both of these reasons the bullding 18 held at cost with impairmenl reviews laking
place every few years.
10

Gateway Buildings Trust
Year Ended 31st March 2024
Notes to the Flnanclal Statements
0￿rntIng Leases
Renlal charges payable under operating18a8es are charged on a slraight Ilne basbs over
th8 tsrms of thg lease.
Taxatlon
The charity is exempt from lax on its charitable 8ctivlli8S.
L•0al Status of th• Charlty
The chanty is a company limited by guarantee and has no share capital. In Ihe event of the
ch8rlty being wound up, Ihe liability in respect of the guarantee is limltod lo £1 per rn8mb8r
of the ch8rlty.
11

Gateway Bulldings Trust
Year Ended 31st March 2024
Notos to the Flnanclal Statements
4 Aftaly81J of Incom•
Unrestricted Restsicted Totsl Fund8
Funds
Funds
2024
Donallons and L•gacla$
Gifts and dona￿nS
Gifts In kind
480
8,477
8,957
25,250
25.730
8,477
25250
34307
Charftablo ActMtIo8
Lease incom
30,239
30.239
30.239
30,239
O¢h•r Incom•
88nk Interes1
71
71
71
71
Total In¢om•
39,267
25.250
64,517
Unreslncted Re8ln¢ted Total Funds
Funds
Fund8
2023
Donallons and L•9acI
Gifts and donatlons
Glfts In klnd
1.152
10.880
1,152
10,680
11.832
Charltsbl• A¢tlvllle•
Lea88 Income
30,239
30,239
30.239
30,239
Olh•r Incom•
Bank Inlerest
38
38
Total Income
42.109
42.109
12

Gateway Buildings Trust
Year Ended 31st March 2024
Notes to the Financlal Ststements
S Expendltur• on Charflabl• Actlvltles by Fund Typo
Unrestrfcted Réstrlcted Total Fund•
Funds
Funds
2024
Bank charges
IT costs
Insurance
Licences
Loan interest
Building repairs and maintenance
Grounds and building redevelopment
60
120
8.477
60
120
8,477
12.570
12,570
5,315
5,315
6.315
26.542
21.227
UnreJtricted Re8trict•d Total Fund•
Fund8
Fund$
2023
Bank charges
IT cost8
Insurance
Liconces
Loan interest
Buildlng repairs and maintenance
Grounds and building redevelopment
72
120
8,040
72
120
13,246
13.246
2.640
325
2.965
24.118
325
24.443
6 Govemanc• C08ts
Unrestricted Restdcted Totsl Fund8
Funds
Funds
2024
Legal & profess1or￿1 fees
528
628
528
528
Unrestrlcled Restricted Total Funds
Funds
Funds
2023
Legal & professional fees
960
960
13

Gateway Buildings Trust
Y￿r Endad 31st March 2024
Notes to the Flnanclal Statsments
7 Indop•ndont Examlnallon Foo8
Fees payable lo the irHlependent examiner for.,
2024
2023
Independent examination
528
480
8 Goods, Sorvlce• and FaGIIItIM Donated In Klnd
Durlng the yaar Ihe charlty received donat10￿ in kind from Gateway Church. Gateway Church pay
for o joint Insurance policy, Ihe value of whlch Is associated wlth Gateway Building Tru81 is £8,443
(Glfts In Kind 2023.. £10,680).
9 Staff C￿ts
The Charity had no employees during Ihi8 year or pr•vioug financlal year.
10 Tru8te8 R•mUn￿l10n and Expon•g•
During the year two Irustee$ rec8lved Mmuneratlon of out of pocket expenses lotalllng £315 (2023:
nill). These expense8 where legal c0818 of appI￿.n9 for plaanlng permi$¥ion and settlng up a conlarct
for work 8tartlng In April 2024.
11 Tanglbl• Flx•d A88Ot•
Land &
8uilding8
Total
Cost
At 1 Aprll 2023
Additwis
000,000 600,000
800,000 600,000
D•preclatlon
At 1 April 2023
Charge for thi8 year
Carrylng Amount
At 31 March 2024
600,000 600.000
At 31 March 2023
600,000 600,000
14

Gateway Buildings Trust
Year Ended 31st March 2024
Notes to the Flnanclal Statements
12 Credltors: amounts falllng due with5n on• yaar
2024
2023
Accruals
Building morlgaga
528
17.668
18,196
480
16.993
17,473
13 Cr•dll¢xs: afflounts fallng due after one yoar
2024
2023
Bullding mortgage: later Ihan 1 year and nol
laler than 5 ￿ar$
8uildlng mortgagB:181or than S ye8r8
70,674
67,gn
224,108 245,153
294.782 313,126
Loan repaymenis are 88cured by the lease agreament held belweon Galoway Bulldlng Trust and
Gataway Church, see Note 16.
14 Anaty81s of Charltablo FundB
Unrn•trlctod Fund•
1 Apr 2023
Income Exp8ndlture Transfers 31 Mar 2024
Unr•8trlct•d
Genernl fund8
269.438
39.267
(21,755)
286,950
Restrf￿od Fund•
Grounds & vestry redevel¢¥manl
25,493
25.250
(5.315)
45N28
Total
294.931
64,517
(27,070)
332,378
1 N)r 2022
Income Expenditure Transfers 31 Mar 2023
Unrnstricted Funds
General funds
252,407
42.109
(25.078)
269,438
R¢strl¢téd Funds
Grounds & vestry redevolopmont
25.818
(325)
25,493
Total
278,225
42,109
(2&403)
294,931
15

Gateway Buildings Trust
Year Ended 31st March 2024
Notgs to the Flnancial Statements
Fund De8¢rlptlon
Grounds redev8lopment
Funds donated by members of Gateway Church {Charlty
number 1087764) and grants recelved tO￿￿rI￿ the
redevelopm8nt of the grave yard and pa￿Ing area outsld8 St
arks Church.
15 Anoty81s of Net As8018 Betw••n Funds
Unre8lricl8d R881rfcted Total Fund•
Funds
Funds
2024
Tanglble flx8d assets
Current a888ts
Credltor51oss than 1 year
Creditors greater than l year
600.000
{721
<18,196)
(294,782)
286.950
600,000
45,356
(18,196)
(294.782)
332.378
45,428
45.428
Unreslrlcleil Restrlcted Total Funds
Funds
Funds
2023
T8nglble fixed asget8
Cuffenl assets
Cre(Iltors less than 1 year
Cr8dlth greater than 1 year
600,000
37
(17.473)
(313,126)
269,438
eoo,000
25,530
(17,473)
(313.126)
294.931
25,493
25,493
16 Opw•tlng L•au• Incon￿ a• a L•••or
The tolal fvlurn mlnirnum lease payments under operating leases are a8 fdlows:
2024
2023
Nol later Ihan 1 year
Later than 1 year and not than 5 year8
Later than S ygars
30.239
30.239
120,956 120.956
241,911
272.150
393.1[￿ 423,345
Tho oporallng lease Is held wlth Gateway Church Leeds for the use of thg St Marks bulldlng on a 20
year agreement from the polnt of slgnlng. The renlal charge Is recognlsed as In¢ome dUrir￿ the
flnancial year.
16

Gateway Bulldlngs Trust
Year Ended 31st March 2024
Notss to the Flnanclal Statements
17 Contlngont Llablllil•s
Gateway Church has given a limlted guaranteè against Ihe bank loan in Gateway Buildlngs Trust.
Th8 guarantee states Ihat Gateway Church will be liabl8 lo rap8y all the obligations of the GateW8y
Buildings Trust loan up lo an amount of £420,fyJO if the trust is unable to meel the loan repay
requirements,
18 Rolatsd Party D1•c1￿Ul•
Durfng the year. Galeway 8uildlng Trusl r8celved a grant of £5,000 from Leéds Communlty
Foundallon for the redevelopmènt of Ihe giaveyard area surroundlng St Marks, and cr8atlon of a
naturè palh in the 9rounds. These funds wére passed on lo Gateway Church (Charity Registration
Number 1087764) for the manag8mént of Ihe project. Christopher FrosL Chair of Truslees is an
employee and Key Management Personal of Gateway Church12023: no related party transactiw).
19 Post. Bala￿• Sho•t Ev4nt
A ¢aplt81 commltrnent lo Cathls Conslructlon Llmlled w85 made before the end of tha Ilnancial year,
however th8 constriclk>n woth dkl not start vntil May 2024. The value of Ihe capilal commilmenl was
£46.572 . The woth eniali ed the rgsurfaang of Ihe car parf(ing a￿8 and relaying of cobbles
imm8diately outsid8 St Marks Church. This commltment will be paid from Ihe grourKl$ & vesty
redevelopmanl reslrlcted fund.
20 Galway Church
Galeway 8uildings Trust receiv88 funding from and exists in part to provldo buildings for Gateway
Church (Charlty R8glstr8tion Number 1087764 and Company R8gistratlon Number 41580751.
17