REGISTERED COMPANY NUMBER: 06641980 (England 8Dd Wales)
REGISTERED CHARITY NUMBER: 1127347
Report of the Trusttts And
Unawdlt¢d F5n*n¢lal Statements
for the Year End¢d 31 MAreh 2024
ror
The Gap (Mldl8nds)
Dalton Pardo¢ Limited
Chartered Auountants
794 High Street
King5winford
West Midlands
DY6 8BQ

The Gap Imldknnds)
Contents orth¢ FIDanelal StstemeDts
for ¢h¢ Ye•r Ended 31 M*r¢h 2024
Report of the Trnle¢s
I to 3
IndependeDt Exaw1n￿$ Report
Ststemeot ofFluttel*l Activltks
B*lanee Sheet
6 to 7
Notrs to the fm•u¢i•l Ststemetyts
8 10 12
Dttalkd state￿etst of Flnaxelal A¢¢lYltles
13

The Gap Imldiands)
Report of the Trustees
for ¢b¢ Year Ettded 31 March 2024
The trustee5 who are a150 directors of the charity for the purposes of the Companies Act 2006$ pres¢nt th¢ir report wlth the
financial statements of the Charity for the year ended 31 Mawh 2024. The trustee5 hav¢ adopted the provlsion5 of
Accounting and Reporting by Charities: Slaiemeni of Recommended Pra¢il¢e appli¢abl¢ to Charitie8 preparlng their accounts
in accordance with the Financi¥41 Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) {effective I
January 2019).
OWECTIVES AJYD AcfiviTIES
Objectlves and alms
The charity seeks to d¢mon8trate the Christian faith in A¢lion. 1¢ seeks to offer ¢0 marginalised young people. irrespxtive of
circumstance$ or $i￿ation. th¢ opportunities to improv¢ their ¢ondition$ of lift and develop their skills and capabilities, to
enable them to participate in society as muture al￿ responsible adults and to demonstrale to them the positive differen¢¢
faith in Jesus Christ can bring to them.
FINANCIAL REVIEW
Flnanclal Revl¢w
Th¢ ¢h8rity re¢¢iv¢d incom¢ amounting lo £101,358 in the yeAr under review (£27,991 . 2023). Expenditure to¢alled
£36.095 for the year under review (£48,984 2023) resulting in an overall Surplus of Income over expenditure of £65,263
(Deficit of £20,933 2023)
Re8erve$ brought forward as at 1st Aprll 2023 totalled £3,210 and a8 a resuk the charitys total reserves ¢&Tled forward at
th¢ balance sheet date Sncreased to £68,473. Unrestricted r¢servw in¢roBsed frorn a defi¢lt of £2,610 as Rt l$t April 2023 to
£56,413 over the year.
R¢s¢rve$ pollcy
The t￿SteeS have ¢stsbli8hed a poli¢y wknby free reserve$ held by ihe charity should be maintalned at £IO.000. This 18
based on On esiimate of four months average expenditure. General reserves carried forwArd at the balance Sheet dale were
£14208.
STRucfuRE, GOVERNANCE AND MANAGEMENT
Governlng document
The charity is controlled by its governing documen( a deed of tn¥t, and constitutes a limited compjny. limited by guarantee,
as defined by the CompAnies Act 2006.
The policy and operatln8 decisions of the charity rest with the Directorsrrrustees who meet re8ularly to monitor the
a¢tivilies of the company. New Tnjstees Bre appointed by ordinary resolution of the members. The recommendations ftir
appoinlments arc b8sed on the need for the chority io have an appropriate skill and experience to detennine charity poll¢les
and to monitor implementstion of them.
Rlsk m4ni8emtht
The ffiistees have a duty to identify md revlew the risk5 to which the chBrity is exposed llnd to ensure appropriats ¢ontrol$
are in pla¢e to provlde reasonable assurance against fraud and ¢rror.
REFERENCE AND ADMINISTRATIVE DETAILS
Regl$t¢red Cornpany number
06641980 {En8land and WAles)
Regl$¢ered Ch*rlty number
1127347
Page I

Th¢ Gap (MidlgDd$)
Report of the Tru5tses
for the Year Ended 31 March 2024
Rtgi5tered office
Banners Gate Community Church
Westsvood Road
Sutton Coldfield
West Midland$
B73 6UH
Tru$toe5
Mr5 C Morphet
R M Pearse
J H Walker
D West-mullen
D S Hodkinson
P Palser
Company S¢cr¢t8ry
R M Pearse
Independent Examlner
Colin Dalton FCA
Dalton Pardoe Limlted
Chartered Accountants
794 High Street
KinKswinford
West Midlands
DY6 8BQ
TRUSTEES, RESPONSIBILITY STATEMENT
The trustees (who are also the dlrectors of The Gap (Midlands) for the purposes of company l&w) th responsible ftlr
preparing the Report of the Tn]stees and th¢ finJn¢ial glalements in Ac¢ordance with applicable law and Uniled Kingdom
A¢countin8 Stand&rds (Unit¢d Kingdom G¢n¢rAlly Ac¢¢pted AccouD¢ing Prartice) including Flnon¢Sal Roporting Standard
102 "Th¢ Firt8n¢ial Reporting Standard applicable in the UK and Republic of Ireland"
Company law requires the tn￿tee8 to prepare financial siat¢ments for each financial year which 8lve a true and fair view of
the State of affairs of th¢ ¢haritabl¢ company and of the incomirtg resour¢e$ and &pplic&iion of resources, including the
income and expenditure. of the ¢harltable company for that p¢riod. In prep&rin8 those financi415tal¢ment$. the trustees are
required to
select suitoble a¢wunting policies and then apply ihem consistently;
observe the rnethods and principle3 in the Charity SORP.
make judgements and estimates thar are reoson4ble and prudent;
prepare the finonciol 8tai¢ments on the 80Sn8 Concern basis unle55 it 15 inappropriate to presume tha¢ the charitable
company will ¢ontinue Sn business.
The miJtee$ are responsible for keeping proper a¢¢ounling records which disclose with reasonable accuracy at any lime th¢
finan¢ial position of the charitable coMp￿Y and ¢0 enable them to ensure that the financial ststemenis ¢omply with the
Companie5 Act 2006. They ar¢ also responsible for safeguarding the &8s¢ts of the ¢haritable Company and h¢nc¢ for taking
Teasonable sleps for the prevention and detection of fraud and other itte8ulariiies.
Page 2

The Cap (MldlaThds)
Report ofthe Tru$t¢¢s
for the Year Ended 31 March 2(124
This report has been prepared in ￿cordanCe with the $pe¢ial provisions of Part 15 of the Companies A¢¢ 2006 relating to
smo11 ¢ompanies.
Approved by order of the board of trustees on .............
. and signed on its behalf by.
D W¢51-Mullen- Trust¢¢
Poge 3

Indepcndent Examiner's Report lo the Trustee5 of
The G#p (Midlands)
Independent exan]iner's report to the tru5tee5 of The Ggp (Midland5) I'tht Company,)
I report io the charity trt15tees on my examination of the accounts of the Companj. for the year ended 31 March 2024.
Re5pon5Lbilities ajid basi5 of report
As Ilie charity's trustees of the Company land also ils directors for the purpose5 of company law) you are responsible for the
preparation of the accounts in accordance with the requirements of the Companies A¢t 20061'ihe 2006 A¢t'l.
Having satisfied myself that the accounts of ihe Company are not required 10 be audited under Part 16 of the 2006 Act and
are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out
under Section 145 of the Charitie5 Act 2011 ('the 201 l Aci'l. In tarrying out my examinaiion I have followed the Directions
given by the Chariiy Commission under Section 145151 {b) of the 2011 Acr.
Indcpen(tcnt cianiiner'5 state￿ent
I have completed Iny examinati(Fn. I confirni that no matters have come to my aiteniion in connection with the exatnination
giving me cause ro believe..
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act: or
the accoun15 do not accoid wilh those records- or
the accounts do not comply with the acctsunlin(T requiiemenis of Seciion 396 of ihe 2006 Act oiher than any
requiremenr that ihe accounis give a true and fair vieiv which is not a matter considered a5 part of an independent
examinaiion; or
the accounts have not been prepared in accordance with the Inethods and principles of the Statement of
Recommcnded Practice for accountinu and reportinu by chariiies {applicable to charities preparing iheir accounts in
accordance with the FinancEal Reporting Standard applicable in the UK and Republic of Ireland IFRS 102}1.
I have no concems and have eome across no other matters in connection with the examination to which attention should be
drawTr in this report in order to enable a proper understanding of tlie ac¢ount5 to be reached.
Colin Dalton FCA
Dalton Pardoe Limited
Chartered Accountants
794 High Street
Kingswiiiford
West Midlands
DY6 8BQ
Date..
Page 4

Tb¢ G•p (Midlattds)
Sts¢em￿l of Finan¢i•l A¢tiYities
for the Y￿r EDded 31 March 2024
PeriTrl
1.822
Yexr Ended
31J.24
Totsl
runds
31.3.23
Total
funds
funds
INCOME AND ENDOWMEKfs FROM
t)onations and legacies
IOD
98.685
27,957
Other trading activities
Investment incon
2.(100
673
673
34
Tot81
93J58
&ioo
IiIIJ58
27,991
EXPENDITURE ON
Raising fimds
5A59
5.459
3238
ChMTltable activities
- expenditure
2&776
lJ60
3•,636
45,746
Total
34335
36,(195
48,984
NET INCOMFJ(EXPENDrruRE)
59023
6340
65263
(20.993)
RECONCILIATION OF FUNDS
Totsl fijnds brought fmvard
(2th10)
5020
3310
24203
TOTAL FVNDS CARRIED FORWARD
56.413
12,060
6&473
3210
The notes fonn part of th¢9¢ fllwKial s¢&tements
Pa8e 5

The G*p (Mldl*Dds)
Balance Sheet
31 March 2024
31.324
Total
fjnds
31.3.23
Totsl
fimds
FIXED ASSETS
Tangiljle assets
1326
214
1.920
CURRENT ASSETS
Debtors
Cash at bank ond in hand
2.652
SS389
2,652
67.135
500
5.737
11.846
57.941
11.846
69.787
6237
CREDITORS
Amounts falling due within cffle year
io
(1754)
12.754)
(4.947)
NET CURREIYT A&SETS
$5.187
07.1133
1290
TOTAL ￿ETs LE&S CtJRRENr
LIABILrrIES
5&413
12.060
68,473
3210
NET ASSETS
$6413
12.1)6(1
68473
3.210
FUNDS
Unrestricted funds:
General fill
Emergency fund
46,413
10.000
(2,610)
56.413
(2.610)
Restricted fund$'.
Headspace Project
Youth Worker
Venu¢ Games
2JO5
9,459
96
1.361
4.459
12.1)60
5,820
TOTAL FUNDS
68A73
3,210
The ¢haritable company 15 entitled to exemptton from audit WKler Section 477 ofthe C¢)mpanie5 Act 2006 for the year ended
31 March 2024.
The members have not Tequirnl the ¢omp8ny to obtsin an audit of its financial ststements for the year ended 31 March 2024
in accordance with Section 476 of the Companies Act 2(x)6.
The no*s fonn part of these financial statements
Page 6

Th¢ Gap (Mldl4nd$)
BalwThc¢ She¢t- ¢ontlnued
31 MArch 2024
The trustees acknowledg¢ their responsibilities for
(a)
¢￿uring fhol ihe ¢haritoble company keeps accounting records that comply with Se¢tions 386 and 387 of the
Companie$ Art 2006 and
preparing financial Statements which 8iv¢ a true and fair view of the State of affairs of the charitable Company as at
the end of each financial year and of its 5UTplus or deficit for each finan¢tal year in accordance with the requirements
of Sections 394 and 395 and which otherwise comply with ihe requirements of the Companies Act 2006 relating to
financial statements, so far as applicable to the ¢haritable company.
(b)
These financial stsiements have prepared in attordance with the provisions applicable to charitable companies subject
to the small companies re8ime.
The financial statements were approved by the Boprd of TNstees hnd authorlsed ftir issue on
and were si8n¢d on it5 behalf by..
R M Pearse. TnJs¢ee
The notes form part of these financial statements
P￿¢7

The Gap (Mldlands)
Notes to the Flnanelal Stgtements
for the Y¢iT Ended 31 March 2024
ACCOUNTING POLICIES
Basis of preparing the financial st#t¢m¢nts
The financial statements of the charitable company> whT¢h is a publi¢ benefit entity under FRS 102, have been
prepared irt aeeordance with the Charities SORP (FRS 102) 'A¢¢ounting and Reporting by Charities.. Statement of
Recommended Pra¢tic¢ applicable io charities preparing their accounts in #c¢ordante with the Finan¢ial Reporting
Standard applicable in the UK and Republic of Ireland (FRS 102) (effe¢tive l January 2019),. Finan¢ial Reporting
Standard 102 The Financial Reporting Standard appli¢able in the UK and Republic of Ireland, and the Companies
Act 2006. The financial statements have been prepared under th¢ historical cost convention.
Income
All income is recognised in the Stotement of Financial Activitie5 once the charity has entitlement to the fimds. 1¢ is
probable ihat th¢ in¢ome will be received ond the amount can be rneasur¢d reliably.
Expendlture
Liabilities ar¢ re¢ognis¢d gs expenditure as soon os there is u legal OT ¢onsiru¢tive obligation committing the charity
to that expenditure, it Is probable thai a transfer of economic benefits will be required in Settlement and the amount
of the obligation con be measured reliably. Expenditure is 8¢¢ourt¢ed for on an accruals basis and has been classified
under headings that aggregate 011 cost related to the category. Where costs ¢8TmOt be directly attributed to partieular
headings they have been all(xai¢d to activities on 4 bosis consislenl with the use of resources.
Tanglble fixed a￿ets
Depreciation is provid¢d at ihe following annual rates in order to write off each asset over its estimat¢d us¢ful lif¢.
Fixtures and fittings
Computer equipment
250A on reducing balance
25¥• on reducing balan¢¢
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted fijnds can be used in accordance with the charitsble obje¢lives at the discretion of the trustees.
Restri¢¢ed funds ¢an only b¢ used for particular restricted purposes within th¢ objects of the charity. Restrictions
aTise when specified by the donor or when funds are rnised for parti¢ular restricted purposes.
Further explanaiion of th¢ nature ond purpose of ea¢h fund is included in the noies io the financial statements.
OTHER TRADING AcfJviTIES
Period
1.8.22
to
31.323
Y¢ar Ended
31J.24
Fundrnising events
2.1100
Page 8
continued...

The Gap (Midlands)
N•trs to the FiDaDcial Ststements- eontlnlled
for the Year Ended 31 March 2024
INVESTMENf INCOME
Period
1.822
io
31.3.23
Y¢*r Ended
31J.24
Deposit a¢¢ount interest
673
34
NET INCOMMEXPENDITURE)
Net incomel(¢xp¢ndityre) is sta*d after charwnW(creditsn8):
Peri￿1
1.8.22
to
31.3.23
Y￿r Ended
31J.24
tkpreciation. 0￿ed assets
355
TRUSTELS, R£MUNERATION AND BENEFITS
There were no ffitste¢s' remuner8tion or other beneffts for the yEar ended 31 March 2024 nor for the period ended
31 Mar¢h 2023.
Trnsttts, expenses
There wer¢ no trust¢¢s' expenses paid for the yw ended 31 March 2024 nor for the period ended 31 March 2023.
STAFF cosrs
7he avernge monthty number of employees dwing the pr was Is follows:
Period
1.8.22
Year Ended
31J.24
31.323
Athninistration
No ¢mployee5 rKeived emohunents in ¢xce5s of £60,000.
conttnued...

The Gap (Mldlands)
Notes to the Flnanclal Statements- Cont1n￿ed
ror th¢ Year Ended 31 March 2024
COMPARATIVES FOR THE STATEMENT OF FINANCIAL A￿1VITIEs
Unrestricted
funds
Restricted
ffijnds
fimds
INCOME AND ENDOWMENTS FROM
Donations and le8aei¢s
24.956
3.001
27,957
Invesknent incom¢
34
34
Total
24.990
3.001
27.991
EXPENDITURE ON
Raising funds
3,238
3338
Charitsble #rtlvllks
- exp¢nditUT¢
31.574
14,172
45,746
Total
34.812
14.172
48.984
NET INCOMEJ(EXPENDITURE)
(9,822)
(11,171)
(20.993)
RECONCILIATION OF FUNDS
Total fjJnd$ brou8hi fon¥ard
7212
16.991
24,203
TOTAL FUNDS CARRIED FORWARD
(2,610)
5,820
3210
TANGIBLE FIXED ASSETS
Fixtures
Computer
equipment
r￿ing5
Totals
COST
At l April 2023 and 31 March 2024
3,085
2060
5,445
DEPRECIATION
At l April 2023
Charge for year
3￿25
48
369
At 31 March 2024
2.7S1
1354
4.OOS
NET BOOK VALUE
At 31 Mar¢h 2024
334
1,106
1,440
31 March 2023
445
1.475
1,920
Page 10
continued...

The Gap {Mldlands)
Notss to the Flnaneial Statements- eontinved
ror tbe Year End¢d 31 March 2024
DEBTORS: AMOu￿s FALLING DUE WITHIN ONE YEAR
31.3.24
31.3.23
Other debtors
2,6S2
500
io.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24
31.3.23
Trade credttors
Social security and other tsxes
Other ¢r¢ditors
Accnjed expenses
lJ33
525
404
1.031
2,816
696
696
2,754
4.947
li.
MOVEMENT IN FUNDS
Net
movement
in Ojnds
Transfers
between
fijnds
At
31.3.24
At 1.4.23
UnrestrICt￿ funds
General ￿nd
Emergen¢y fund
(2,610)
59,023
{io.000)
10,000
46,413
10,000
(2,610)
59.023
56,413
Restrlcted funds
Headspace Project
Youth Worker
Venue Gam¢$
l?61
4,459
1,144
5,000
9,459
S820
63411
12,060
TOTAL FUNDS
3310
65363
68,473
Net mov¢m¢nt in fimds. included in the above are os follows:
Incoming
resources
ResouTces
expended
Movement
in funds
Unrestricted funds
General fund
93358
(34335)
59,Ill3
Re5trkted funds
Headspace Proje¢1
Youth Worker
Venue Games
3.000
5,000
loo
(1056)
1,144
5,000
96
(4)
8,100
(1,8611)
0240
TOTAL FUNDS
101,358
(36,095)
6S363
Pagell
continued...

The Gap (Midland$)
Notes to the Flnllneial Statements- continue
forthe Year Ended 31 March 21J24
MOVEMENT IN FUNDS- ¢ontlnu
CompAr#tives for moY¢m¢nt In funds
movement
in funds
At
31.3.23
At 1.8.22
Unrestrlcted funds
General ￿nd
7212
(9.822)
(2.610)
Rr5trl¢ted fwDds
Headspace Project
Youth Worker
6,991
10.000
(5.630)
(5.541)
1.361
4.459
16,991
(11.171)
5,820
TOTAL FUNDS
24203
(20,993)
3,210
Compardtive net movement in funds. in¢lud¢d in the above ar¢ as follows:
In￿mIng
Resources
expended
Movenwnt
in fimts
UnT¢s¢rict￿ funds
General fund
24.990
(34,812)
(9.822)
R¢strl¢ted f¥nds
Headspace Project
Youth Worker
3.001
(8,631)
(5.541)
(5,630)
(5.541)
3,001
(14,172)
TOTAL FUNDS
27,991
(48.984)
(20,993)
RELATED PARTY DISCLOSURES
There were no related party transactions foT the year ended 31 Marth 2024.
Page 12

The Gap {MldJands)
Detalled Stgtement of FlnAncl#l Actlvltles
ror th¢ Year Ended 31 March 2024
Period
1.8.22
Yeor Ended
31.324
31.3.23
INCOME AND EIYDOWMEJ¥TS
Donatio￿3 Ind legacie5
Donations and gifts
Income tax recovered
Grants
Donated goods and facilities
57,255
2,652
io,i(Jo
28.678
13.872
1.997
12.088
98.685
27.957
Other trndlng 8etlvltles
Fundraising events
2.1100
Investment Incorn¢
Deposii a¢¢ount interest
673
34
TotAI In¢0ml￿£ resourtes
IOlJ58
27,991
EXPENDITURE
Raising donation5 and legatles
Fundrdising agents
$459
3238
Charitable Actlvltles
Wages
Venue nmning costs
Volunteer costs and expense5
Phones and IT
Administration and other
Repairs and renewals
Depreciation of ¢angibl¢ fixed assets
22,068
1,600
9D7
237
4,647
39.345
1.172
973
,343
.377
456
384
481
29,940
45.050
Support ¢o$ts
Governance ¢o$ts
ITKlepend¢nt examination
696
696
Total r¢sour¢e$ expended
36,095
48,984
Net incomeJ(expendltur¢)
65,263
(20.993)
This page does not forni part of the ststutory financial stat¢m¢nts
Page 13