**REGISTERED CHARITY NUMBER: 1131031** Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 December 2020 for Heaven's Gate Ministries Heaven's Gate Ministries Contents of the Financial Statements for the Year Ended 31 December 2020 ||Page| |---|---| |Report of the Trustees|1 to 4| |Independent Examiner's Report|5| |Statement of Financial Activities|6| |Balance Sheet|7| |Notes to the Financial Statements|8 to 9| |Detailed Statement of Financial Activities|10 to 11| Heaven's Gate Ministries ## Report of the Trustees ## for the Year Ended 31 December 2020 The trustees present their report with the financial statements of the charity for the year ended 31 December 2020. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1131031 ## **Principal address** 19 Upland Road Bexley Heath Kent DA7 4NR ## **Trustees** O Nwafor Mrs O Akinyemi Mrs M Ukueku Miss C Nwafor C Nwafor ## **Independent examiner** Theo Sehindemi ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity. The charity is registered in England & Wales with the Charity Commission in England & Wales (CCEW) with charity number 1131031 The charity is constituted as an unincorporated charity, established by a written constitution. The governing document of the charity is the written constitution approved by the members and endorsed by the Charity Commission in England & Wales (CCEW) . There are no restrictions in the governing documents on the operation of the Charity or on its investment powers other than those imposed by Charity Law. The trustees are all individuals. ## **Organisational structure** The board of trustees works closely with the management team and other advisers who promote the objectives of the charity. The board of Trustees hold meetings throughout the year and direct the pastoral team to promote the policies, strategies, programmes and projects that are geared towards achieving the charity's objectives. Page 1 Heaven's Gate Ministries ## Report of the Trustees ## for the Year Ended 31 December 2020 ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Risk management** The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** "The objectives of Heaven's Gateway Ministries are; - l. Advancement of the Christian Faith 2. The relief of poverty 3. Helping building up people by maximising their potentials 4. To help rebuilding lives - up who will build a good society 5. Raising men and women who will be able to help others live responsible lives. The principle activities of the church are Christian worship, Christian outreach programmes to increase Christian awareness and to spread the gospel of our Lord Jesus Christ and the development of the whole man, spiritually, mentally, physically and socially . There are a number of volunteers who assists in helping to achieve the objectives.These include Elders, Ordained Ministers and other volunteers groups." ## **Significant activities** The principal activities of the charity are Christian worship and involvement of various ministries and ministers of Religion in propagating the Christian Tenets of faith to members (and non-members) who seek to develop an understanding of the Gospel through the various meetings provided by the Church. There is also an extension of the Christian Faith through other direct Community Outreach programmes. Page 2 Heaven's Gate Ministries ## Report of the Trustees ## for the Year Ended 31 December 2020 ## **OBJECTIVES AND ACTIVITIES** ## **Public benefit** The Board of Trustees are pleased to report as follows: The Advancement of Christian Faith The Trustees of the Charity having due regard for the reporting of public benefit provided by the Charity in line with the Charities Act 2011, are pleased to report that the church has commenced involvement with community focused events and projects providing direct benefit for the public in the UK. ## Places of Worship The Charity commits to the promotion of the Christian Faith at its own building in Bexley Heath area of Kent to provide the public with the ongoing opportunity to attend Church services enabling them to grow and develop in the Christian faith, teachings and Principles. The worship activities make provision for Christian Worship Services, teaching sessions, discipleship classes and prayer meetings throughout the week. The Church also meets online via zoom on a weekly basis for bible study classes. This platform is open to non-members and provides an avenue to advance Christianity in the community on an informal basis. ## Evangelism Evangelism is a core value and outreach strategy of our Church to reach out to communities. We distribute Christian Tracts in the community, speak to people in parks and public places about the Christian faith, provide light refreshments in parks as we look to engage the community to drive forward the Christian faith. We also collaborate with local churches to promote picnics, BBQ outreach and summer family fun days where food and drinks are provided. The Covid restrictions during 2020 did not enable us to provide the full range of these activities during the year but we hope to resume these in the near future. The trustees have had regard to the Charity Commission's guidance on public benefit in managing the activities of the charity. ## **FUTURE DEVELOPMENTS** The charity aims as part of fulfilling it objectives, to create more facilities and programmes that will help develop the whole man, spiritually, mentally, socially and physically. The charity through teachings and other means aims to maximising potentials and rebuilding more lives so that they can live meaningful and happy lives. We aim to increase our relevance to the community by investing time, energy and resources into activities and programmes that will help prevent youth crime, depression in people, child abuse and such social vices that are eating deep into the fabric of our society. To enable do this more effectively, this church is aiming at creating more space for our youth and children's by securing large building. The Charity plans to organise vocational training programmes that will benefit the youths in the community. Page 3 Heaven's Gate Ministries ## Report of the Trustees ## for the Year Ended 31 December 2020 Approved by order of the board of trustees on 10 November 2021 and signed on its behalf by: O Nwafor - Trustee Page 4 ## Independent Examiner's Report to the Trustees of Heaven's Gate Ministries I report on the accounts for the year ended 31 December 2020, which are set out on pages six to nine. ## **Responsibilities and basis of report** As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). I have examined your charity's accounts as required under section 145 of the Charities Act 2011 ('the Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. My role is to state whether any material matters have come to my attention giving me cause to believe: 1. that accounting records were not kept as required by section 130 of the Act; or 2. that the accounts do not accord with those records; or 3. that the accounts do not comply with the accounting requirements of the Act; or 4. that there is further information needed for a proper understanding of the accounts. ## **Independent examiner's statement** I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the Directions of the Charity Commission I have found no matters that require drawing to your attention. Theo Sehindemi 10 November 2021 Page 5 Heaven's Gate Ministries ## Statement of Financial Activities for the Year Ended 31 December 2020 |||Unrestricted| |---|---|---| |||fund| ||Notes|£| |**INCOMING RESOURCES**||| |**Incoming resources from generated**||| |**funds**||| |Voluntary income||225,336| |**RESOURCES EXPENDED**||| |**Costs of generating funds**||| |Investment management costs|2|30,430| |**Charitable activities**||| |Telephone||1,867| |Wages and Salary||12,780| |Postage and Stationery||534| |Social Security - HMRC||3,150| |Consultancy||9,554| |Training and Welfare||4,392| |Repairs and Maintenance||14,444| |Printing||250| |Mission||4,497| |Honourarium||1,700| |Cleaning||1,300| |Rent||40,178| |Insurance||2,302| |Equipment Expense||7,482| |Travel and Subsistence||199| |Professional Fees||10,111| |Software||9,540| |**Governance costs**||500| |**Total resources expended**||155,210| |**NET INCOMING RESOURCES**||70,126| |**RECONCILIATION OF FUNDS**||| |**Total funds brought forward**||(70,126)| |**TOTAL FUNDS CARRIED FORWARD**||-| The notes form part of these financial statements Page 6 Heaven's Gate Ministries ## Balance Sheet At 31 December 2020 |||Unrestricted| |---|---|---| |||fund| ||Notes|£| |**TOTAL ASSETS LESS CURRENT**||| |**LIABILITIES**||-| |**NET ASSETS**||-| |**FUNDS**|5|| |Unrestricted funds||-| |**TOTAL FUNDS**||-| The financial statements were approved by the Board of Trustees on 10 November 2021 and were signed on its behalf by: O Nwafor -Trustee The notes form part of these financial statements Page 7 Heaven's Gate Ministries Notes to the Financial Statements for the Year Ended 31 December 2020 ## **1. ACCOUNTING POLICIES** ## **Accounting convention** The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities. ## **Incoming resources** All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. ## **Resources expended** Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **Hire purchase and leasing commitments** Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease. ## **2. INVESTMENT MANAGEMENT COSTS** Administrative expenses £ 30,430 ## **3. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 December 2020. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 December 2020. Page 8 Heaven's Gate Ministries Notes to the Financial Statements - continued for the Year Ended 31 December 2020 ## **4. STAFF COSTS** |Wages and salaries
Social security costs
The average monthly number of employees during the year was as follows:
No employees received emoluments in excess of £60,000.|£
12,780
3,150|£
12,780
3,150| |---|---|---| ||15,930|| |||-| |||| ## **5. MOVEMENT IN FUNDS** ||Net|| |---|---|---| ||movement|| |At 1.1.20|in funds|At 31.12.20| |£|£|£| |**Unrestricted funds**||| |General fund
(70,126)|70,126|-| |**TOTAL FUNDS**
(70,126)|70,126|-| |Net movement in funds, included in the above are as follows:||| |Incoming|Resources|Movement| |resources|expended|in funds| |£|£|£| |**Unrestricted funds**||| |General fund
225,336|(155,210)|70,126| |**TOTAL FUNDS**
225,336|(155,210)|70,126| Page 9 Heaven's Gate Ministries Detailed Statement of Financial Activities for the Year Ended 31 December 2020 |**INCOMING RESOURCES**
**Voluntary income**
Gifts
Donations
Gift aid
**Total incoming resources**
**RESOURCES EXPENDED**
**Investment management costs**
Administrative expenses
**Charitable activities**
Travel and Subsistence
Repairs and Maintenance
Printing
Postage and stationery
Training and Welfare
Mission
**Governance costs**
Auditors' remuneration for non-audit work
**Support costs**
**Management**
Wages
Social security
Rent
Insurance
Telephone
Postage and stationery
Advertising
Honourarium
**Finance**
Professional Fees|£
2
172,084
53,250| |---|---| ||225,336| ||225,336
30,430
199
14,444
250
534
4,392
4,497| ||24,316
500
12,780
3,150
40,178
2,302
1,867
1,300
1,500
200| ||63,277
10,111| This page does not form part of the statutory financial statements Page 10 Heaven's Gate Ministries Detailed Statement of Financial Activities for the Year Ended 31 December 2020 |**Information technology**
Software
**Other**
Equipment Expense
**Other 4**
Consultancy
**Total resources expended**
**Net income**|£
9,540
7,482
9,554| |---|---| ||155,210| ||70,126| This page does not form part of the statutory financial statements Page 11