Charity registration number 1136007
Company regl8tratlon numbar 05637748 (England and Wales)
GATEWAY CHRISTIAN CENTRE
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

GATEWAY CHRISTIAN CENTRE
LEGAL AND ADMINISTRATIVE INFORMATION
Trustsas
J Quintanllla
D L'Hem?LLX
Dr O Lawal
S Freeman
M Nyeny8Zi
(Apwinted 28 November
2023)
secrntsry
M Nyenyezl
Charlty number
1138007
Company numbér
05637748
Regl6tsr¢d offlco
Front Building
Bethel Convention Cenlra
Kelvin Way
VKÈst Bromwlch
West Mldland8
B70 7JW

GATEWAY CHRISTIAN CENTRE
CONTENTS
Pago
Trustees, report
Indewndent examinels report
Statement Df flnancial activities
Stat8m8nt of financlal posltion
Statement of cash IIow8
Notes to the financlal statements
10-20

GATEWAY CHRISTIAN CENTRE
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT>
FOR THE YEAR ENDED 31 DECEMBER 2023
The trusteas who are also directo￿ of the charity for the purpos88 of the Companies Act 2006, preBent th8lr repK)rt
with the flnancial statem8nt8 of the charity f¢x the year ended 31 December 2023. The trustees have adopted the
provisions of Accounting and Reporting by Charities: Statement of Recommended Practicè appllcable to charitles
preparing their account8 in accordance wlth the Fin8n¢lal Reporting Stsndard appllcable in the UK and Republic of
Ireland (FRS 102) (effective 1 January 2019),
The report Is a180 prepared lo meet the requirements for a dlrectors, report and accounts for Companies Act
purpose8.
ObJectlvo8 and actlvltlos
Objectlves and alms
The charitys objectives are'.-
- to a0￿ance the Gospel of Jesus Christ for the benefit of the public
- to functlon as, and operate ministries nomial to. a place of worshlp (i.e. a lo￿1 Christian church)
to prepare and publish Christian educatlon rnalerlals for all ages and review and apwove courses
already available
to advance the Gospal of Jesus Chrl8t by means of broadc8Stlng me88ages of an evangellcal and
taaching nature
- to establiBh andlor assist in the astablishment of missions dome8ticalty and abroad, both dlrecty and In
conjunctlon with other Individuals and Organisa￿an$ of like falths and objectlves
- to asslst th08e in povety, providing basic human need8 (food, clothing, 8helter, etc.)
Slgnlflcant actfvltles
2023 has been a strong yèar ft)r the church. Our attendance has r8mlnded steady and both Sunday
momlng services are at capaaty. Financlally have b88n healthy and are continulng to see income
growih year on year.
We have imported 8 monthly Saturday nlght servi¢e In addition to the weekly Sunday mornlng services.
Thls Is to create room for attendance growth and also to add a slightly different style of service t) the
church. Saturday night has 8 more relaxed feel and the ser4lce has gone well. Our various ministry
teams aren't yet ready to support a weekly Seturday night servlce but once 8 month 15 Striklng a good
balance,
We have a thriving evangelism mlnistry within the church and several times a month Ihis team mlnlsters
eiiher out on the high street of West Bromwich or In the church offering prayer and ministry to people by
appointment In the building. This minlstry is proving very fruitlul and helps us in our Christian mandate to
'go Into all the world and preach the gospel,.
We saw some staff changes in 2023 but all of these wer8 n8C88sary and healthy. 3 team member8
moved on to other jobs and 3 new people were re(xuited. We dldny necessarlly replace like for like In
terms of job role as the needs of the church have changed over recent years but the new team member8
are flttlng in well and the office culture 18 vibrant and healthy.
W8 held our first missions trip to Iceland and a team of about 15 people went over there, They were
incredibly well r￿alVed and a number of people becam& Christians as a r8sult. They ministered in 7
churches also and the report have been very encouraging. Plans are well under was for a second visit in
early 2024.
Our biggest challenge 18 definitety our facillty. We have effectively Dutgrown it and so are actively
Seeking a Solution. We hald a 6 month furKI raislng push in 2023 and raised appx. £100,000 designated
toward3 a new facilty. This Is a great accomplishment especialty In Ilght of the economic dimale of the
y&qr. A big focus of nexi year will be on locating and making Suitable a new church home. idealy v
would Ilke somewhere that has an auditorium seating 600-700 and plenty of space for chlldren's and
youth minlstry, small groups, media rooms and offices etc.

GATEWAY CHRISTIAN CENTRE
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Publlc Beneflt
The Charlty's activities represent a public benefit In terms of the 8UPPOrt it provides to the members of the
tx)ngregation and the fund8 they raSse towards the cost of supporting vulnerable people.
The Charlty Trustees are satlsfied that they have complied vrith the duty in Section 17(5) of the Charities
Act 2011 to have due regard to the public benefit guldance published by the Commission.
Flnanclal revlew
Prfnclpal fundlng sources
The charity's principle funding source during Ihe year was tha offerings from the congregation and relatsd
glft aid received whlch accounted for a total of £730,517 (2022: £630,861) of the £747,475 (2022,.
£637,657) total income for the year.
The total expenditure during the year of £626,060 (2022: £641,268) included stsff costs of £326,482
(2022: £313,945), who were mainly employed for activitie8 in pursult of the church's oblectives. The
balance of expanditure during the year mainly related to running costs for premi8eB used for the provlsion
of activities in pursuit of the church's oblective8.
Res•rv¢s pollcy
The charity has no formal re8enrfes pollcy. The charity's financlal position 18, however, clo8ely monltored
by the treasurer and the board of trustees vla monthly income and expenditure reports.
Monthly giving contlnue8 to rise as our congregatlon grows.
Cash reseries of £218,426 (2022 £102,119) ar8 held for future expenditure in pursult of the charity'8
objectives. Thls includes restricted funds of £99,497 (2022 . £22,428).
Total funds carrled forward amountad to £245,588 (2022 £124,173) induding unrestricted funds of £148,091
(2022 . £101,745> and reslricted funds of £99,497 (2022 . £22,428).
Future Plans
The charlty still has firm plans to secure a permanent facility from whlch the church can operate.
structure, governanGe and management
Governlng document
The charity is controlled by its goveming doujment, a deed of trust, 8nd constitutes a Ilmlted company, limited by
guarantee, as defined by the Companies Act 2006.
Key managemont remuneratlon
Remuneration for key management personnel 18 di3¢ussed and set by A D Colyer. J D Colyer and I Shepherd, with
thè oxception of thelr own. and is dependent on the role undertaken. All remuneratlon 18 then agreed by the
trustees.

GATEWAY CHRISTIAN CENTRE
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Rl8k management
The trustee8 have a dLty to id8ntty and review the risks to which the charlty is exposed and to ensure appropriate
controls are in place to provlde reasonable assurance against fraud and error.
Gateway Christian Centre 18 a company limlted by guarantee governed by its Memorandum and Article8 of
Association dated 28 November 2005. and the board of trustees is responslb18 for the action8 of Gateway Christian
Centre. The Members of the Charfty have agreed to contribute up to £10 in the event of the charlty vAndlng up.
The board of trustees 18 made up of people with a mix of pgrsonal and professional ski118 and experience. The board
seeks to ensure that th8 balance of skills is appropriate to the ch8rity's purpose and objective8, and takes this into
account when approaching Indlvlduals to offer them8elve8 for election.
Responslblllty for the day-ttrday leadership and m8nagement ol the charity 19 delegated to Jon Cotyer, 18
8UPPOrted by an 8X8CUtlve committ88 made up of staff members with a wlde range of experience, backgrDunds and
ethnldty.
REFERENCE AND ADMINISTRATIVE DETAILS
Regi8tered Company number
05637748 (England and v￿les)
Reglsternd Charlty number
1136007
Reglstered office
Fronl Building
Bethel Convention Centra
Kelvin Way
Wesl Bromwlch
West Midlands
B70 7JW
Trustees
Mr J Quintanilla
Mr D L'Herroux
Mr O Lawal
Mr S Freeman
Mr M Nyenyazl
Company Secretary
Mr N Easton resigned 1311112023
Mr M Nyeny8zI appointed 1311112023
Independent Examlner
Jerroms GCN Limited
Chartered Certified Accountants
Èst Point, Second Floor
Mucklow Office Park
Mucklaw Hill
Hale80wen
B62 8DY
Bankers
HSBC
The Bridga
Walsall
We81 Midlands
WS11LN

GATEWAY CHRISTIAN CENTRE
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Thi8 report has been prepared in accordan￿ with the special provisions of Part 15 of the Companles Act
2006 rel8ting to small companies.
M Nyenyezi
Trusté•
3 July 2024

GATEWAY CHRISTIAN CENTRE
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF GATEWAY CHRISTIAN CENTRE
I report to the trustees on my examinatlon of the financial ststemants of Gateway Chrlstian Cerrtre charity for the
year ended 31 December 2023.
Re8ponslbllltles and ba818 of rnport
As the trustees of tha charity (and al80 Its dlr8Ctors for the purpos8s of company law) you are re8pDnsible for the
preparation of the flnanclal 8tatements in accordance with the requir8m6nts of the Companle8 Act 20CB (the 2006
Act).
Having satlsfied myself that the financial Statements of the charity are not requlred to fle auclrtea under Part 16 of
the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charltls
flnancial statements caffled out under section 145 of the Charities Act 2011 (the 2011 Act). In carying out my
examlnation I have followed all th6 applicable Directions glvan by the Charty Commission under sectlon 145{5)(b)
of th8 2011 ACL
Independ•nt examlnefg Statement
Slnce the charit￿8 gross Income exceeded £250,000 your examiner must ba a member of a body Ilsted in Bection
145 of the 2011 Act. I conflrm that l am qualified to undertak8 Ihe examlnatlon becau8e l am a membar of the
AB80ciation of Chartered Certified A¢countant8, which 18 one of the118ted bodies.
I have completsd my examination. I contlmi that no matters hava come to my attentlon In connection wlth the
examination giving ma cause to believe that In any m8tarlal respect..
accounting records were not kept in respect of the charity as requSred by Bection 386 of the 2006 Act,. or
the flnancial 8tatements do not accord wtth Ihose records. or
the financial stat8ments do not comply wlth the accounting requlr8rnerrt8 of section 396 of the 2006 Act other
than any requiremgnt that the accounts give a true and fair view whlch Is not a matter consldered as part of an
independent examination. or
the financial statements have not been prepared in accordance wlih the melhods and prlncipleB of the
statement of Recommend8d Practice for accounting and reportlng by ch8ritie8 applicable to charities
preparlng their eccounts in accordance with the Financial Reporting Standard applicable In the UK ard
Republic of Ireland {FRS 102).
I have nD concerns and have come across no other matter8 In connection with the examlnation to which attention
should be dravm in th18 report in order to enable a proper understsndlng of the financial statam8nts to be reached.
Alan Jones FCCA
Jerroms GCN Llmited
Chartered Certlfied Accountants
W8St Point. Second Floor
Mucklow Office Park
Mucklow Hill
Halesowen
B62 8DY
Date(1: 3 July 2024

GATEWAY CHRISTIAN CENTRE
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2023
Unrestrktsd Restrlctad
funds
funds
2023
2023
Total Unrestrlctsd Restrlctod
funds
funds
2022
2022
Total
2023
2022
Note8
Income from:
Donations and legacles
Other tradlng activitie8
646,587
16.958
83,930
730,517
16,958
622,930
e,996
7,731
630,681
6,996
Total Incom•
663,545
83,930
747,475
629,926
7,731
637,657
Expondlturo on:
Raising funds
Charltabl• actlvltles
1,631
619.882
1,831
624,429
4,587
636,991
4,277
841,288
Total expendllur8
621,493
4,587
826,060
638,991
4,277
641,268
Nat Incomel{8xpendlturo)
42,052
79,363
121,415
(7,065)
3,454
(3,611)
Tran8fer8 between
lund8
2,294
(2,294)
Net movomgnt In
funds
44,348
77,069
121,415
(7,065)
3,454
(3,811)
Reconclllatlon of funds:
Fund balan￿3 at 1 January
2023
101,745
22,428
124,173
108,810
18,974
127,784
Fund balan¢06 at 31
December 2023
146.091
99,497
245,588
101,745
22,428
124,173
The notes on pages 10 to 20 form part of thasa financial statements.

GATEWAY CHRISTIAN CENTRE
STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023
2023
2022
Not88
Flxad assets
Intanglbl8 assets
Tanglbla assets
11
12
2,598
52.609
3,111
53,818
55,207
56,929
Currnnt assots
Stock8
Debtors
Cash at bank and In hand
13
14
956
12,067
102,119
10,608
218.426
229,034
115,142
Credltors: amounts falllng due wlthln
one yoar
18,572
18,731
Net current a88et8
210,462
96,411
Total assats1088 current Ilabllltle8
265,669
153,340
Credltors: amounts falllng due ahr
more than one year
17
{20,081)
(29,167)
Nat a880ts
245,588
124,173
The funds of tho charlty
Restricted income funds
Unrestricted funds
99.497
148,091
22,428
101,745
245,588
124,173
The note8 on pagas 10 to 20 form part of these financial stst8ments.

GATEWAY CHRISTIAN CENTRE
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2023
The company is entltled to the exemption from the audit requlrement contained In saction 477 of tha Compan188 Act
2006, for the year ended 31 December 2023.
The dlrectors ackno￿ledge thelr respon8ibilities for complying with the requirements of the Companies Act 2006
with respect to accounting records and the preparation of financial statements.
The member8 hava not required the company to obtain an audit of its fin8ndal statsment8 for the year in question in
arxordance with secJon 476.
Those financial 8tatemerrts have been prepared in accordance wlth the provisions applicable to companles subj8Ct
to the sm811 companie8 regime.
The financl81 statements were approved by the trusle8s on 3 July 2024
yenyezl
Trustae
Company registration number 05837748 {England and Vvales)

GATEWAY CHRISTIAN CENTRE
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2023
2023
2022
Notes
Cash flows from operatlng actlvltl88
Cash generated from operatlons
24
145,416
12,00
Investlng actlvltles
Purthase of intanglble as8et8
Purthasfr of tangible fixed assets
(629)
(19,234)
(21,230)
Net cash used In Inv08tlng actlvltlos
(19,863)
{21,230)
Flnanclng actlvlti
Repayment of bank laan3
(9,246)
(10,000)
Net cash used In flnanclng actlvltle8
{9,246)
(10,000)
Net Increa891(dgcr8asè) In cash and ca8h
equlvalants
118,307
(19,221)
Ca8h and caBh equivalents at beginning of year
102,119
121,340
Cash and cash equlvalents at end of year
218,426
102,119
The notes on pages 10 to 20 form part of thes8 finandal statements.

GATEWAY CHRISTIAN CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Accountlng pollcl88
Charfty Infomiatlon
Gateway Chrfstian Centre is a prfvate company Ilmltad by guarantee Incorporated in England and Wale8. The
registered office 18 Front Building. B8th81 Convention Centre, Kelvin Way, West Bromwich, Wost Mldland8,
B70 7JW.
1.1 Accountlng convenuon
The financlal stataments of the charllabla cornpany, Whlch 18 a public benefft entity under FRS 102, have been
pr8pared in accordance with the Charrties SORP (FRS 102) 'Accounting and R8POrting by Charltl8S:
ststement of Recommended Practice appllcable to charitie8 preparlng their accounts In accordan￿ with the
Financlal R8POrting Standard appllcable in the UK and Republic of Ireland (FRS 102) (effectlve 1 January
2019),, Finandal Reporting Standard 102 The Flnancial Reporting Standard applicable in the UK and
Republic of Ireland, and the Companles Act 2006. The financial Statements have been prepared under the
hlstorical cost convention.
The fflnancial 8tatsments are prepared in sterllng, which is the functlonal curreKy of the charity. Monetsry
amounts In these financial 8tatement8 are rounded to the nearest £.
1.2 Fund accountlng
Unrestricted fund8 can ba used in accordance with the char￿table objectives at the dlgcretion of the
truBtees.
Restrlcted funds can only be used for particular restricted purposes wlthln the objects of the charity.
Restrictions arlse when specified by the donor or when funds are raised for particular restricted
purp08e8.
Further explanation of the nature and purposa of each fund is includèd in the notes to the financial
statements.
1.3 Income
All Income is recogni98d In the Statement of Flnancial Activitlas once the charity has entitlement to
the funds, It18 probable that the Income ￿111 be received and th8 amount can be measured reliably.
iere there are tem)s or conditions attached to incomlng re80urce8, particularly grants, then thes8
terms or conditions must be met before the income is recognised as the entitlement condition will
not b& satisfied until that point. Where terms or conditions have not been met or uncertainty exists
as to whether they can be met then the relevant Income IB not recognlsed in the year but deferred
and shown on the balance Sheet 8s deferred income.
1.4 Expendlturn
Llabilities are recognised as expenditur& as soon as theralg 8 legal or constructlv8 obllgation cornmitting the
charity to that expenditure. it is probable that a tr8nsfer of economic benefits will be required in settlement and
the amount of the obllgation can be measured reliably. Expenditure 18 accounl8d for on an accruals basis and
has been classrfied under headings that aggregate all cost related to the categery. Where costs cannot be
directly attributed to particular headings they have been allocated to activities on a basis consistent with the
use of resources.
Allocatlon and apportlonment of costs
All costs of th8 charity are deemed to be directly attrlbutable to charitsble actlvltles.
1.5 Intanglble fixed assets other than goodwlll
Intangible assets, other than goodwill, include, computer sollware, patents, licences and
trad8marks and are staled at Ihe amount initially recognlz8d, le88 accumulated amortisation and
accumulated impairment losses.
10-

GATEWAY CHRISTIAN CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Accountlng pollcles
{Contlnued)
The 8XPeCted useful lives of assets are reviewed on an annual basis arKI, if necessary, thanges In u8eful lives
are account8d for prospectively.
Comput8r sollware
33.33% reducing balance
1.6 Tanglblo flxed a880ts
Tangible fixed assets under the cost model are stated at historical cost less accumulated
depreclation and any accumulated impainnent losses. Historlcal cost includes expenditure thal is
directly attrlbutable to bringing the asset to the location and conditlon necessary for it to be C￿ble
of operating in the manner Intended by management.
Tangible fixed assets are capit81ised If they can be used for more than ono year, arKI c08t at le88t
£500.
The Charity adds to the carying amount of an item of fixed 89Séts the cost of replacing part of wch
an item when th8 Cost 18 incurred, if the replacement part is expected to provide incremental future
benefit8 to the Charlty. The carying amount of th8 replaced part 18 derecogni8ed. Repair8 and
maintenance are charged to the Statement of Finandal Activities during the Perlod In whlch they
ar& Incurred.
Depreciation is recognlsed so a8 to write off the cost or valuation of assets less thelr resldual values over thelr
US8ful Ilves on the follo￿Thng ba8e8:
Plant and 8qulpment
Fixture8 and fittings
Sound and video equipment
25% reduclng balance
25% reducing balance
33% reduclng balance
The gain or loss arising on the disposal of an a&set is d8t8rmined as the difference between the sale proceeds
and the carrying value of the assat, and is recognised in the statement of finanGial aGtivitie$.
1.7 stocks
Stock8 are valued at the lower of cost and net realisable value, after maklng due allowance for
obsolate and slow moving items.
1.8 Taxatlon
The charity Is exempt from corporation tsx on its charitable activltles.
1.9 Penslon costs and other post-retlrement beneffts
The Ch8rfty op8rates a defined contrlbutlon pension scheme. Contributions payable to tha
Charity's pension scheme are charged to the Statement of Financial Actlvltles in the period to which
they relate,
11

GATEWAY CHRISTIAN CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Income from donatlons and 18gaclo8
Unrestrlctod Restrlcted
funds
funds
2023
2023
Totsl Unrestrfcted Restrl¢ted
funds
funds
2022
2022
Total
2023
2022
Donations and gift8
Gift aid
Govemment grants for
asset purcha8es
553,148
89,733
83,610
320
636,758
90,053
549,907
73,023
6,583
1,148
558,490
74,171
3,706
3,706
846,587
83,930
730,517
822,930
7,731
830,661
Income from other tradlng act￿ltIeS
Unre8trlct•d Unre8trlcted
funds
funds
2023
2022
Rental incom8
Event Income
Sales of clothing
8,390
7,057
1,511
2,080
4,936
other trading activities
16,958
6,996
Expendlturn on ralslng funds
Unrostrlcted Unrestrletèd
funds
funds
2023
2022
Tradlng costs
Purchase of clr)thing
1,631
12-

GATEWAY CHRISTIAN CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Expondlturn on charltabl• a¢tlvltl88
Unrestrfcted Restrlcted
funds
funds
2023
2023
Total Unre8trlctod Restrlcted
funds
funds
2022
2022
Tolal
2023
2022
Dlrect costs
Stsff costs
Depreciation and
Impalmant
Rent and insurance
Light and heat
Mi8cellaneou8
Resources and literature
Hospltallty and catering
Gifi8 etc- mi8sions
Gtfts- othar
Training
Motor, travel and
Susbsistence
Property renovatlon,
repairs and renewals
Equlpment purcha8e3,
repairs and ranwmls
Computer and internet
costs
Prfnting, statlonery and
advertising
Telephone and postage
Bank Charges
Church Trips and events
Broadcast charges
Safeguarding
Team development
Speclal project8
Podcasts
326,482
328,482
313,945
313,945
21,585
81,068
47,055
12,199
8,835
18.008
25,212
1,443
809
21,585
81,068
47,055
12.199
8,835
18,008
25,212
1,443
809
21,866
141.637
15,826
10.032
10,433
10.500
19,832
1,874
1,170
21,866
141,637
15,828
10,032
10,433
10,500
22,603
1,874
1,170
2,771
2,338
2,338
828
828
4,567
4,567
1,506
1,506
12,424
12,424
6,605
8,805
13,819
13,819
11,081
11,081
12,638
5,440
1,339
13,651
5,411
12,636
5,440
1,339
13,851
5,411
643
12,926
4,902
1.735
14,806
21,650
12,928
4,902
1,735
14,805
21.850
464
988
8,780
954
986
8,780
954
250
250
610,647
4,567
615,214
832,831
4,277
637,108
Share of support and governancé costs {see note 61
Support
9,215
9.215
4,160
4,160
619,862
4,567
624,429
636.991
4,277
841,288
Anatysls by fund
Unr88trict8d fund8
Restricted funds
619,862
619,882
4,567
836,991
636,991
4.277
4,567
4.277
619,862
4,567
824.429
636.991
4,277
641,268
13-

GATEWAY CHRISTIAN CENTRE
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Support costs allocated to actlvltlos
2023
2022
Independent axaminer8 fee
Legal and professional fees
Bank loan interest
1,932
5,880
1.403
2,016
1,496
9,215
4,160
Analysad ￿twOOn.
Charitable expendlture
9,215
4,180
Examlner8 rnmunorntlon
2023
2022
For axamlnors 8ervlce8
Examiners f8a9
1,932
2,016
Trustees
Thera were no trustees, remuneration or other benefits for the year ended 31 Dacamber 2023 nor for the year
ended 31 December 2022.
Trugtoes. oxpenses
There were no trustee8' axpense8 paid for the year ended 31 December 2023 nor for the year ended 31
D8¢amb8r 20£2.
Employees
The average monthty number of employ888 durlng the year was:
2023
Number
2022
Numbor
Administration
13
13
Employment costs
2023
2022
Wages and salaries
Social securfty cost8
other pension costs
299,774
20,691
6,017
286,535
21,371
6.039
328,482
313,945
There were no employee8 whose annual remuneration was more than £60,000.
14-

GATEWAY CHRISTIAN CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
l O Taxatlon
The tharity is exempt from taxatlon on it8 activities becausg all Its Incomè 18 applied for charltable Fxirpose8.
11 Intanglblo flxed assets
C*)mpul•r
softwarg
Cost
At 1 January 2023
Additions- Intamally developed
6,000
629
At 31 December 2023
6,629
Amort18atlon and Impalrnient
At 1 January 2023
Amortlsatlon Charged for the year
2,889
1,142
At 31 December 2023
4,031
Carrylng amount
At 31 December 2023
2,598
At 31 December 2022
3,111
12 Tanglblo flxad assets
Plant and Flxturns and
•qulpm•nt
flttlng•
Sound •rKI
vld•o
•qulprnerrt
Total
Cost
At 1 January 2023
Additlons
4,726
2,293
24,382
7,388
138,958
9,573
168,068
19,234
At 31 December 2023
7,019
31,750
148,531
187,300
Depreclatlon and Impalrment
At 1 January 2023
Depreciation charged in the year
3.582
477
9.998
4,753
100,868
15,213
114,248
20,443
At 33 December 2023
4,059
14.751
115,881
134,691
Carrylng amount
At 31 December 2023
2.960
16,999
32,650
52,609
At 31 December 2022
1,144
14,384
38,290
53,818
15-

GATEWAY CHRISTIAN CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
13 Stocks
2023
2022
Finished goods and goods for resale
958
14 Dobtor8
2023
2022
Amounts falllng due wlthln one year:
Other debtors
Prepayments and accrued Income
2,522
8,086
3.724
8.343
10,608
12,067
16 Loans and ovordraft•
2023
2022
Bank loans
29,921
39,167
Payable within one year
Payable after one year
9,840
20,081
10,000
29,167
16 Credftors: amounts falllng due wlthln one year
2023
2022
Notes
Bank loan8
Accruals and deferred Income
16
9,840
8,732
10,000
8,731
18.572
18,731
17 Credltors: amounts falllng duo after more than one year
2023
2022
Notes
Bank loan3
15
20,081
29.187
18-

GATEWAY CHRISTIAN CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
18 Restrlcted funds
The restricted fund8 of the charSty comprise the unexpended balances of donations and grants held on trust
subjecl to speclfic Conditior￿ by donors as to how they may be used.
At 1 January
2023
Incomlng Resources
resource8
expended
Transferg
At31
December
2023
Building fund
Trips fund
21.470
958
83,930
(4.587)
{2,294)
98.539
958
22.428
83,930
{4,567)
(2,294)
99,497
Prevlous y•ar:
At 1 January
2022
Incomlng Re8OUfC
r080urc08
oxpended
Transfers
At31
Docembor
2022
Building Fund
Mlsslons Fund
Trip8 Fund
15,515
2,501
958
7,461
270
(1,508)
(2,771)
21,470
958
18,974
7,731
(4,277)
22,428
Bulldlng Fund
The purpose of this fund is for the malntenance and upkeep of the building, In addition to the potential future
purchase.
Mlsslon Fund
This fund provides support for various missions in re18tlon to the objectives of the Church.
Trlps Fund
To mairrtain funds for trIp8 organlsed by the Charlty's member8 for example 'Tha Colours Trip, and 'Flouri8h'
17-

GATEWAY CHRISTIAN CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
19 Unrestrlctsd fund8
The unrestrictsd funds of Ihe charity comprls8 th8 unexpended balances of donations and grants which are
not subject to speclfic ¢ondltlons by donors and grantors a8 to how Ihey may b8 Used. These include
eslgnat8d funds which have been set aside out of unrestrlcted funds by the trusteas for Specific purposes.
At l January
2023
Incomlng Rogources
resOU￿e5
expended
Trnnsf8rn
At31
Dxamber
2023
General Fund
Youth Work Fund
Events Fun
Conlingancy Fund
101,431
227
87
6￿,488
5,382
1,895
(614,958)
(5,470)
(1.085)
(15.386)
127.575
119
397
18.000
(320)
18,000
101,745
8e3,545
(621,493)
2,294
146,091
Pr•vlou8 year:
At 1 January
2022
Incomlng Resources
r•source8
axp•nded
Tran8fer8
At31
December
2022
Gener81 Fund
Youth Work Fund
Events Fund
105,483
3,327
824,991
2,797
2,138
{829,043)
(5,897)
(2.051)
101,431
227
87
108,810
629,926
{636,991)
101,745
20 Analysls of net a880t8 between funds
Unrestrfcted
funds
2023
Restrlcted
funds
2023
Total
2023
Fund balances at 31 December 2023 are representsd by:
Int8ngible fixed assets
Tangibl8 assets
Current ￿ets1[1[abIlItles)
Long tsmi liabllitles
2,598
52,609
110.985
{20.081)
2,598
52,809
210,462
(20,081)
99,497
146,091
99.497
245,588
18-

GATEWAY CHRISTIAN CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
20 Analy818 of net assets between funds
(Contlnu•dl
Unrestrlcted
funds
2022
Restrlcted
funds
2022
Total
2022
Fund balances at 31 Docemb8r 2022 arn raprn8entsd by:
Intangible fixed assets
Tangible assetB
Current as8etsl(liabilities)
Long temi Ilabllttles
3,111
53,818
73.983
(29,167)
3,111
53,818
96,411
(29.16n
22,428
101,745
22,428
124,173
21 Operatlng lea98 commitment8
Lessea
The operating le86e8 represent le88es of rant to thlrd partie8. Thè la886S are negotlated over temi6 of 5 years
and renla18 are fixed for 5 years.
At Ihe reporting end date the charity had outstsndlng commitments for future minimum lease paymantg under
noTrcancellable operating lea8e8. whiGh fall due as follows:
2023
2022
Within one year
Be￿een tsvo and five years
70,995
188,414
68,414
263,005
259,409
331,419
22 EMPLOYEE BENEFIT OBLIGATIONS
The charity has recognlsed Ihe foll¢)wing costs in respect of detlnad pension contribution plans £8,017 (2022
£6,039).
23 Ralated party transactlons
Therg were no disd03able related party transactlons during the year (2022 - none).
19-

GATEWAY CHRISTIAN CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
24 Cash g8n8ratad from oparatlons
2023
2022
Surplusl(deficit) for the year
121,415
(3,611)
Adjustments for..
Depreciation and impaiment of tsnglble flxed assets
21,585
21,886
Movaments in working capital:
Decreasel{Increase) In stocks
Decreasel(increase) in debtors
Increase in creditor8
(956)
(10.429)
5,139
1,459
Cash genoratsd from oporatlons
145,416
12,009
26 Analy918 of changes In net fund6
At l January
2023
Cajh flow• At 31 t)qcomb•r
2023
Cash at bank and in hand
102,119
116,307
218,428
Loans falllng due wlthln one year
Loans falling due after more than on8 year
(10,000)
(29,167)
160
9,086
(9,840)
{20,081)
82.952
125,553
188,505
-20-