DrK￿kJn En¥el(w ID.. 6D03A13240184CD347BO-AF9B1F2C79
GLOUCESTERSHIRE GATEWAY TRUST
(A Company Llmited by Guarantee)
ACCOUNTS
31 March 2024
Company no: 06857427
Charlty no: 1140440

DrK￿kJn En¥el(w ID.. 6D03A13240184CD347BO-AF9B1F2C79
CONTENTS
Page
DIRECTORS. REPORT
INDEPENDENT AUDITORS, REPORT TO THE MEMBERS
STATEMENT OF FINANCIAL ACTIVITIES
10
BALANCE SHEET
CASH FLOW STATEMENT
12
NOTES TO THE ACCOUNTS
13-23

DrK￿kJn En¥el(w ID.. 6D03A13240184CD347BO-AF9B1F2C79
GLOUCESTERSHIRE GATEWAY TRUST
DIRECTORS, REPORT
The diredors present their report and Ihe accounts for the year ended 31 March 2024. The
directors of the company fulfil a similar role lo that of Trustees of an unincorForated charity
and are therelore referred to as 'trustees' throughout this report.
LEGAL AND ADMINISTRATIVE INFORMATION
The company is a company limited by guarantee and does not have Sha￿ capital.
The company was incorporated on 24 March 2009 and it was registered as a charity
on 15 February 2011.
Audltors
Reglstered Office
HazlewLx)ds LLP
Windsor House
Bayshill Road
Chellenham
GLSO 3AT
Third Floor
95 The Promenade
Chellènham
GL50 1HH
Bankers
Solicitors
Unity Trust Bank plc
4 Brindley Place
Birmingham
81 2JB
Wiggin Osbome Fulledove
95 The Promenade
Chellenham
GL50 1HH
GOVERNANCE AND MANAGEMENT
Govemlng do¢ument
The Gloucestershire Galeway Trust {"GGfi is a company wlh charitable objects.
which was established using Ihe Charity Commission's model Memorandum and
Articles of Association.
Trustees
The trustees serving during the year and Sin￿ the year end were as fdlows..
Ms J E White
Mr S Pallister
Mr M J Simon
Ms P Levett
MrRFAlen
Bishop R W Springett
Ms M Smith
Company Secretary
Mr l J Simpson
Chief Executive
Mr M Gale
The procedures for the appointment and removal of trustees are set out in the
company's Arbcles of Association.

DrK￿kJn En¥el(w ID.. 6D03A13240184CD347BO-AF9B1F2C79
GLOUCESTERSHIRE GATEWAY TRUST
DIRECTORS, REPORT
GOVERNANCE AND MANAGEMENT Iconllnuedl
Organlsatlonal structure
The company s affairs are managed by a Board of trustees who are drawn from local
communily-based organisations. granl-making trusts and appropriate business
backgrounds. Day lo day responsibility for the operation of the company is delegated to
the Chief Executs've. Mark Gale.
Rlsk management
The trustees have a duty lo identify and review the risks to which the charity is exFosed
and to ensure appropriate controls are in place to provide reasonable assurance against
fraud and eiror. The trustees have implemented and maintained an active risk register.
PRINCIPAL ACTIVITY AND OBJECTIVES
Objectives and alms
The charitable objects of GGT include the follo￿n9 objects:
The promots'on for the benefit of the public of urban or Nral regeneration in areas
of social and economic deprivation (and in particular in Glouce5ter5hirel by all or
any of the following means=
the relief of financial hardship
the Telief of unemployment
the advancement of education. training or retraining, particularly among
unemployed peopl8, providing unemployed people with work expenence
the creation of training and employment opportunities by the provision of
workspace. buildings. andlor land for use on favourablè terms
The promotion for the benefit of the public of the conservation. protection and
improvement of the physical and natural enwronment
The advancement of the education of the public in the conseNation, protection and
improvement of the physical and natural enwronment
The promotion of sustainable development for the benefit of the public by-
invdvement in and support of projects whith prioritise the preservation,
conservation and the protection of the environment and the prudent use of
resources
the relief of poverty and the improvemenl of the conditions of life in socially
and economically disadvantaged communities,. and
the promotion of sustainable means of achieving economic growth and
regeneration. (Suslainable development means development which meets
the needs of the present without comprcmnising the ability of future
generations lo meet their own needs)

DrK￿kJn En¥el(w ID.. 6D03A13240184CD347BO-AF9B1F2C79
GLOUCESTERSHIRE GATEWAY TRUST
DIRECTORS, REPORT
PRINCIPAL ACTMTY AND OBJECTIVES (Contlnued
Objectlves and alms (Contlnued)
The advancement of the education of the public in subjeds relating lo sustsinable
developmenl and the protection. enhancement and rehabilitation of the
environment
The advancemenl of education
The advanc8menl of community development
The protection and improvement of the environment
The relief of povety
The advancement of public health and safety
Any such other objects and purposes as are exclusively charitable in accordan
th the laws of England and Wales.
The truslees confimi that they have referred lo the Charity CommissDn's guidan￿ on public
beneffit when reviewing the Trust's aims and objectives in planning future activities.
Public Benefit
GGT is focus8J on tackling disadvantage. povety. promoting education and sustainable
development in Gloucestershire. GGT has community regeneration at its heart and applies
fijnds received for charitable b8nefit to deliver substantial long-tem charitable outputs.
Through its unique partnership with Gloucestershire Gateway Limited. the operating company
of Gloucester Services. a Motorway Services business located on the M5 in Glouceslershire,
the Trust works to encourage people living in its Target Communities near to the motorway to
find jobs al the Services ar)d elsewhere by supporting community enterprise initiatives and
providing free pre*mployment training for Iccal FEopIe.
GGT provides financial and practical support to enable community and economic development
activity in Gloucestershire particulady our Target Communi118s of Matson and Robinswood,
White Cily. Podsmead, Tuffley and Stonehouse. and the surrounding areas in the GL10
postctsje
The trustees confinn that they hav8 complied with the duty set out in section 4 of the Charities
Act 2006. to have due regard to the public benefit guidance published by the Charty
Commission.
REVIEW OF ACTNITIES
2023124 has been another year where GGT has never been so active and this has ensured the
Trusts impact on life for residents and partners locally has been Ihe greatest it has ever been.
In the communities where our trust focuses ils resources - Matson, Robinswood, While City,
Podsmead, Tuffley in Gloucester and Slonehouse the new and Ihe established resident and
community nelworks and actions have never been so important.

DrK￿kJn En¥el(w ID.. 6D03A13240184CD347BO-AF9B1F2C79
GLOUCESTERSHIRE GATEWAY TRUST
DIRECTORS, REPORT
REVIEW OF ACTIVITIES (conllnuedl
Bottom up responses across communities built on the trust and relationships that GGT has
long invested in has enabled changing community responses which will SUPFOrt the long term
resilience with our partners working more cohesively than ever before.
Our Trusts role during this period has remained locality focused providing both capacity
support lo new and 8XlSting neighbourhood ne￿OrkS and coalitions whilsl also 5UPPOrting
direct practical support for'.-
1. Blackbridge Charitable Community Benefit Society and its development of the £6
million Blackbridge Youth, Community and Sports Hub. By long term development
5UPPOrt and a cornmilment to provide £100,000 per annum of underwriting for youth
activities provision from 2025126 for 4 years until 2028129 GGT enablèd th8
Blackbridge CCBS lo secure £6.2 million lo cover the build and fit out of the building.
Building work started in January 2024 and should be completed and opened in the
last quarter of 2024125
2. Infiuencing the strategic commissioning strategies of public bodies so they better
value community capacity building , mutuality and residents lived exp8riences. This
has led to a large community based consortiums led by GGT securing 2 new major
contracts from Gloucestershire County Council to provide open access youth
services and lo manage and develop 9 Child￿n and Family Centres both across the
Gloucesler and Forest of Dean districts. These contracts will start in 2024125_
3. Resident activity to promote well being and mutual support
4. Supporting oty wide food slralegies whilst also conlinuing to investing in practic81
community food initiatives such as the nelworks of 'community food cuboards and
freezers,, growing inilialives, emergency shopping vouchers provided through the
Household Support Fund and holiday food and activilies provision
5. Providing leaming and employment opportunities through projecls such as Multiply
adult numeracy delivery. the SPARK project which GGT manages on behalf of
another wide community Consortium and the development of the Blackbridge
Charitable Community Benefit Soaety based in Podsmead which holds a strong and
innovative focus on jobs and training opportunities
The Channel 4 series of 6 programmes about GIoU￿Ster Servi￿$ ¢alled a 'Colswold
Famishop aired during the SummerlAutumn of 2023 and shone a light on the achievements
of the business and the b8nefits it has enabled. This provided a great boost lo our communities
who initiated the business, our colleagues and to sales land consequently to our GGT income
which is derived from Ihese sales).
As part of our economic and so￿al SUPFQrt activity we have supported community coalitions
organising neighbourhcod led responses to the challenges they have faced. As part of this
process we have develoFed a partnership vehide Gloucestershire Galeway Partnership CIC
to host resident led initiatives where helpful.
We have SUPFQrted residents in building on their strengths and connections and helping
communities influence commissioners and other decision makers so that inveslment in our
neighbourhoods is more effective and sUPPOrtS SU51ainable improvement. We continue to be
excited by the work lo support the development of local changemakers of the Hotspots Alliance
funded by Thity Percy which partners GGT with the Grace Network. GL11. Fair Shares
Community Timebanks, Gloucester Community Builders Collects've and Thirty Percy.
Communlty Reslllence
In 2023124 each of our 12 core partn8rs received annual Community Development Grdnts frc
GGT as part of our commitment to support them until al least March 2025.. The partners
receiving this financial support are..

DrK￿kJn En¥el(w ID.. 6D03A13240184CD347BO-AF9B1F2C79
GLOUCESTERSHIRE GATEWAY TRUST
DIRECTORS, REPORT
Malson Robinswood & White Crty Community Partnership
Read With Me
GL4 {a cultural development organisation)
GL Communities-
Fair Shares Timebanks-
Play Gloucestershire.,
Gloucestershire Wildlifé Trust.,
All Pulling Together {APTI CIC..
Nelson Trust Women's Centre
Together in Matson
The Venture. While City
Malson & Robinswood Residents Group
During 2023124 GGT also provided additional one-off support to a wde range of partners for
activilies in or connected to our larget communities.
GGT has also signfficanlly shtfted some of our organisational cap8oty to support the
Podsmead community and help support the new community led organisalion the Blackbridge
Charitsble Community Benefit Society which addressing local public health inequalities,
improving Youth Service provision and responding to residents priontisalion of supporting
young people lo create the communilies they want. This is 8 new mulli million pound project
which will begin lo make a real impact in 2024125 after the site is opened and Ihe full youth
work team is in pla￿.
GGT'S work including our investment in our local partners has for many years been focused on
building local resilience by connecling neighbour to neighbour, supporting community hubs and
ServI￿S and encouraging residents and partners lo lake the lead in local plans and activities.
These infomial connedions together with our small team of part time Neighbourho¢JJ
Connectors in our LOOP (Looking Out for Others Potentiall project have made an important
contribub'on to the resilience of our communities as they come to terns with their 'new r￿rmal.
FQSt COVID and ils long tail of negative impacts locally.
Dunng this period GGT also invested significant capacity in supporting residents in Pojsmead
through the Podsmead Big LocallPBL) and with the development of a new organisats'on the
Blackbridge Charitable Community Benefit Society which is the legacy organisation for PBL
and has been developing as a ￿MMunity anchor organisath￿.
Prlnclpal fundlng sources
GIoU￿sterShlre Gateway Trust's wholly owned subsidiary company, Gloucestershire
Gateway Trust (Operalingl Limited is a shareholder of Gloucestershire Gateway Limited. the
operating company of Gloucester Sérvices.
2023124 saw Gloucester Services North and Southtound trading actiwties continue lo perform
well and provide substantial unrestricted funds for the work of GGT. This was again GGT'S
prinupal source of unrestricted income during 2023124 has been the receipt of these donations.
In 2023124 the Trust also received an income from counter colleclion poinls al Gloucester
Services, enablin9 customers to make d1￿ct donats'ons to the work of GGT and its partners.
Finally GGT could not have had Ihe impact it did in such a challenging period with out the
support of the Gloucestershire County Counol. Gloucester City Council and Thirty Percy along
with many other generous individual and organisational donations. Our thanks go lo our
community partners for Ihe brilliant jobs they have done and to our funding partners who have
stood with us in another exceplional year.

DrK￿kJn En¥el(w ID.. 6D03A13240184CD347BO-AF9B1F2C79
GLOUCESTERSHIRE GATEWAY TRUST
DIRECTORS, REPORT
RESERVES POLICY
The trustees are mindfijl that unreslricled reserves are needed lo enable the Charitable
Company lo cover six months. core funding and subsequent redundancy liability of the CEO
together with contingency for early exil grants to existing charity partners. This is to manage
any existing partnerships and commitments to a successful condusion and exil. should the
royally payments from Gloucestershiie Gateway Trust (Operating) Limited significantly
reduce or cease for any reason. The Iru5tees' intention is to ensure a general reserve
sufficient to meet these costs is maintained. The charity has frée reserves at the year end of
£419.294.
ACCOUNTING AND REPORTING RESPONSIBILITIES
The directors are responsible for preparing the Directors, Report and the financial statements
in accordance with applicable law and regulations.
Company law requires the directors lo prepare financial slatemenls for each financial year.
Under that law, the directors have elected lo prepare the financial stalements in accordance
with United Kingdom Ger)erally Accepted Accounting Practice (Uniled Kingdom Standards and
applicable lawl. Under company law. the directors must not approve the financial slalements
unless they are satisfied that they give a true and fair view of the slate of affairs of the company
and of th8 profil or loss of the company for that peri(xl.
In preparing these financial ststements, Ihe directors are required to-
select suitable accounting policies and apply them consistently.,
make judgements and estimates that are reasonable and prudent-
prepare the financial statements on the going concem basis unless it is inappropriate
lo assume that the wnpany will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to
show and explain the company s transactiorss and disclose with reasonable accuracy at any
lime the finanaal posits.on of the company and enable them to ensure that the financial
statements comply with the Companies Act 2006. They are also responsible for safeguarding
the assets of the company and hence for taking reasonable steps for the prevention and
detection of fraud and olher irregularities.
This rewl has b&en prepared in accordanc* with the special prowsions relating to small
companiés within Part 15 of the Companies Act 2006.
f4(L
Mr S Pallister- Chaimian

DrK￿kJn En¥el(w ID.. 6D03A13240184CD347BO-AF9B1F2C79
GLOUCESTERSHIRE GATEWAY TRUST
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS
Oplnlon
We have audited the finarKial 5taternents ofGb)ucestershire Gateway Trust for the yearerthd 31 March 2024,
which comprise the Charity Slatement ol Financi81 ActSvities. the Charity Balance Sheet and Notes to Ihe
Fina￿￿91 Statemgnls. including a sumrnaryof significant accounting polic￿. The financial rgporiing framgwork
that has been ￿p￿￿ed in their preparation is applicable law and United Kingdom Accountsng Standards,
Induding Financial R8po￿.ng Stsndard 102 'The Finanryal Reportiro Standard applicat￿8 In the UK and
Republic of Ireland, (United Kingdom Generally Accepted Ac£ounting Practice),
This report is made solely io thg charilable companY5 members. as a body. in accordanc8 wilh Chapter 3 01
Part 16 of the C￿panIeS Acl 2006. Our audtt work has been undertaken so that we might slate to the
charttable comp8ny s membèrs those mattèrs WÈ arè required 10 Slate io thèrn in an audiior's rèport and lor no
oth9r Fxjrpose. To the fijllesl extent permrtted by law, we do ngt accept or assume respgnsibility lo anyone
other than the charitable company and the CAJmpany's Meffl￿rs as a bc¥Jy, for our 8udil work. for this report,
for thè tspnbns w8 have lormèd.
In our opinlon Ihè financial $tatèm8nts'.
give 8 true and fair VMV of the slate of Ihg tharrtab￿ companys affairs as * 31 March 2024 01 its
incoming résources and appllcab.on of ￿$￿r¢e$, indw1ing ts In(¥yne And expenditure, for the ye¥
then ended.,
have been prO￿￿Y prepared in acr￿dance with United Kirbgdom Generally kcepled Ac￿Unting
Pra¢ti¢é.' and
have been prèp8r8d in acAwd8ncè wth Ihè rÈouSrèmènts of ihè Cempaniès Acl 2006.
Basls for oplnlon
Wè conducied tyJr audit in aectsrdancé with Inièm8lh)nal Standards on Audillng IUKI IISAS IUKII and
appliGable law. Our rgsponsibilrtlgs under those stan(Jards arg furthef in thg Auditors responsibilth"95
for ihe audit of the financial statèments sèctK)n of our report. Wè arè independènt of the tharilable company
in accordance with Ihe gthical requirements that are relevanl tg our audil ol th9 financial slalemgnts in th8 UK,
induding thè FRC'S Ethical Standard. and WÈ havè fiJlfill8d our other Èthical responsibilitiès in acCO￿ance with
these requirements. We believe that Ihe audit evidence we have obtained Is sUffiC￿nt and apprwate lo
Pfovwje a basis lor our opinion.
Coneluslon* r•l•tlng to golng eone•m
Wè have nothing to rèFw)rt in r8spect of thg fdlowiTrJ matt•rs in r8lab.on to which ISAS ILIKI réqui￿ u$ to
report to you where.,
the directors. usè of thè goiro ￿nCOM basb of awuntirKJ in th8 preparath)n of the finandal
statements is not appfopriate., or
the direelofs have not disdosed in the financial statements any identified material uncenainties that
may cast signrfiL*nt doubt abtsut th6 charita￿* cornp8ny's ability to conth.nuè to adopt th8 ￿Ing
concem basis of accounting lor a pèriod of at least tw&fv& months from the date wh&n the financial
statements are oulhorised lor issue.
Other Infomiatlon
The InJsltrtrs are resp)nsible for th• other infomiab"on. Th6 other #thm￿tiOn comprises tha inf0m￿tion
induded in tho annual report. other than the financial statements and ￿Jr al￿ltorfS rewrt thereon. Our opinion
on the fin8ndal statements does not cover the other infomiation and, except lo the extent Othe￿ISe explicrfly
statod in our raport, w8 th) not express any form of assuranco conclush)n th•feOn.
In connecbon ￿th our aL￿1t of the financial statements. our responsibillty Is io read the other informatlon and,
in d￿ng 50. consid8r whether the olher Informati￿ is materially inconsistent wrth th8 financial statements or
Ouf knowledge obtained in Ihe audll orotherwise appears to be materially mlsstated. If we identify such malerlal
inoMsistenoes or apparent malerial misstaiem8nts. we are required to delemine whether ther8 is a material
mi5slatement in the financial statements or a material misstatemenl ol the other inlomiation. If. based on Ihe
work we have perfomied. we condude that the￿ i8 a materlal mlsstalemenl of tht5 other inform8licm. we are
required lo report thal fact.
We have r￿thIng lo report In Ihls regard.

DrK￿kJn En¥el(w ID.. 6D03A13240184CD347BO-AF9B1F2C79
GLOUCESTERSHIRE GATEWAY TRUST
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS
Oplnlon on other mattor pro8crlbed by th• Compan1•8 Act 2006
In our opinion, based on the work undertaken in the course of the audit..
th8 Information given Ihe Report of lh$ Trustees for th8 financial year for whlch the finand¥l
statements are prepared is consistent wth the financial stalements.. and
the Report of the Tnjstees have been prepared in 8ccordance with applicable legal fequiTerrEnts.
Matters on which we are required to report by exception
In the lighl of our knOw￿dge and understsnding of the charitable company and its envSronment oblained in the
course ofth8 audit, we have rKt idenbfied malen'al misstatements in Ihe Report of lh8 Trustee8.
We have nothing to report in resp8¢1 of the 10lb￿ng matter5 where the Ccmnpanles Act 2CK)6 requires us lo
report to you if, in our opinion..
adequate accountlng records have rA)t been kepl by Ihe parent thnP8ny. or reium$ adequa￿ lor o
audit have not been received from branches not V15iled by us.. or
the Charitab￿ cornpany financaal Ststen￿nts are not in agreement *iih the accounting records and
relums.. or
Cerfain disclosurgs oldireciors. r8munoralon sp8cified by law are not made.. or
we have not received all the information and explanations we require for OLJr audit.
Re$pon8lbllltlo$ of tr￿1?9¥
As explained rn￿e fully in the InJstee'8 respon8ibililies 8talemenl sel ￿1 on page 7. the truslees are
resFA)nsible for Ihe preparation ol Ihe financial statements and for being salJ"sfied thal they give a tnje and lak
view. and lor such inlemal conlrol as Ihe directors delermine is n8cessary lo enable the prgparalion of financsal
ststements that are free from malerial mi55ts1emenl, whelher due lo fraud or error.
In preparing the financial slalemenls, the trustees are res￿nSIble for asse55irvJ the Chartsb￿ companys
8bilily lo conlinLJe as a going ￿Cern. disclosing. as 8PtAi¢abSe. Matte￿ related io going concern and using
thè goiNJ conctrn basis ol accountin9 un1è55 th8 dir8clors èithèr intènd io liquidai? the charllable company c*
to wse operations. CY have ￿all5￿ ahewnative bul k) do so.
Auditor's rg¥pon¥ibilili•¥ for thg audit of thg financial ¥tst•mgnt¥
Our obj8dtves are to obtain reasonable assurance about whether the finantial gtatèments as a wh(Aè are free
from material misstaiemenl. whether due lo fraud or error. and to issue an auditor's report ih81 ineludes our
opinion. Re859nablg a￿lJrance is a high level ol a55urance, but 15 nol a guarantee that an audit conduded in
accordancè with ISAS IUKI will always deieci a matèrial misstatement when it Èxists. Misstatsmènts can arisè
Irom fraud or error and arè eonsidered material il, indivKJually or in the aggfegate, they could reasonably b•
eXP8Ct8d to influencè thè 8cu)omic d•cisTrons of usèrs takèn on thè basis ol th￿ financial stat&m8nts.
A further déscnpb.on of our ￿pOnsI￿litI¥¥ for th* OLKlit of th• lin•no81 $t4t¥m¢nts is ILVtwl on th¥ Finan￿81
R&portiThJ Council's w8bsit8 at vM¥.frc.org.ukJauditorsrestrt)nsibilikn"8s. This d8scripts.on forms part of our
auditor's repott

DrK￿kJn En¥el(w ID.. 6D03A13240184CD347BO-AF9B1F2C79
GLOUCESTERSHIRE GATEWAY TRUST
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS
Extent to whlch tho audltor was cons5dored capablo of dot•ct5ng Irregularl￿#6, Includlng fraud
Owing to the inherent limitations of an au¢Jit, there is an unavoidable risk that material misstatements in Ihe
financial slatements may not be detecled. even though Ihe audil Is properly pl8nnlng and performed In
accordance with the ISA'S IUKI.
In identifying and a5sessSng rfsks of m31erfal mlssiatement in respect ol fraud. incI￿1r0 irregularftles nonv
compliance wth laws and regulations our procedures included Ihe folbwing.,
We obtained an understanding of the legal arbd regulatory frameworks ap￿1¢able lo the thantable
company finarKial ststemenls or Iha¢ had a fundamenlal effecl on the CharItsb￿ ccffipany 5
operatM)n5. We delermined that the r￿st signfficant laws and regulations induded UK GMP, UK
Cofflparbies Act 2006 arbd Charities Acl 2011.
We undersiood how thè chari18ble company 15 complying with those legal and regu1810ry frameths
by rnaking inquiries of management. those responsible for legal and compliance procedures.
We assessed the suscepbbility of the charitable companys financial statements to material
mSSsta￿￿ftt. indudlng how fraud mhJhtoctur. Audil YO¢edu￿ perf0m￿j by Ihe er*g8gemeni team
included..
Idenlifying And assesslng the design effe¢Yveness ol ¢Ontrds m8nagemeni has in ￿8¢e to p￿vent
and detect fraud:
Underslanding how management considered and addressal the Potential for override of controls.
Detalled 8nalysls of journals [￿sted thrc*ugh the 8ccounbng system during Ihe ye8r lo 31 March 2024
has been undertaken.,
Underslanding the contrds in pqace to prevent and detect fvaud. Reliance was not placed on controls
lor the enurety ol the audlt. insle8d t8king 8 substantive testing approach, however controls we In
place to prgvent fraud and Ihey appeared to be working effectivety.
Challenging assumpb'ons aThY ju¢J3ements made by managemenl in its svjnificanl &C￿untIng
estsmales.
Martin Howard IS&nior Statsjtory Auditor)
For on behalf of Hazbgwwjs LLP. $￿t￿ory Auditor
Windsor House
Bayshill Road
Chellènham
GL50 3AT
19/12/2024
Date-.

D(Ku$kJn Enwl(¥)010.. 6rx)M13240184CD3.87WAF9B1F2C79aB
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT)
for the year ended 31 March 2024
Unrestricted Restri¢ted Total funds
funds
funds
2024
2024
2024
Unrestri¢ted
funds
2023
Reslri¢ted
lunds
2023
Total
funds
2023
Noto
INCOME AND EXPENDITURE
Incomlng resources
Volunlary income
710 069
1097 777
656 032
1266 420
TOTAL INCOMING RESOURCES
710 069
1097 777
1266 420
Resources expended
Charitable activitie5
693 395
1056 613
569 699
593 659 1 163 358
TOTAL RESOURCES EXPENDED
693 395
1056 613
593 659 1163 358
NET INCOMING RESOURCES FOR THE YEAR
16.674
24,490
41.164
86,333
16.729
103.062
Transfér between reservés
Rgtained for the year
46.132
(4.9681
41.164
128,090
125,028)
103,062
Accumulated surplus brought forward at beginning of year as
restated
381 111
468 929
253 021
ACCUMULATED FUND CARRIED FORWARD AT END OF
YEAR
All actNilies of the company are conlinuing actiwties. there were no acquisitions in the year.
There We￿ no ￿COgnised gains or losses other than Ihe surplus for the year shown above.
10-

DrK￿kJn En¥el(w ID.. 6D03A13240184CD347BO-AF9B1F2C79
BALANCE SHEET
31 March 2024
2024
2023
Nole
FIXED ASSETS
Tangible assets
Investrnents
7,948
3,438
3,439
CURRENT ASSETS
Cash al bank and in hand
Debtors
343,362
340,506
437,758
287,480
683,868
725,238
cRED￿oRs
due wilhin one year
10
(54,391)
1141.184)
NET CURRENT ASSETS
629,477
584,054
TOTAL ASSETS LESS CURRENT LIABILITIES
£637,426
£587.493
CREDrroRS
due after more than one year
11
127,333
118.564
RESERVES
Accumulated surplus lunrestrictedl
Restricted funds
Designated fund
13
13
13
427,243
82.850
381,111
87.818
Total funds
510.093
468.929
TOTAL FUNDS AND LONG-TERM LIABILITIES
£637.426
£587.493
The directors acknoimedge their r8sFonsibility for ensuring the o)mpany keeps prorer
accounting records which comply with Section 386 of the Act and for preparing finanual
statements which give a true and fair view of the slate of affairs of the company at the end of
the financial year and of ils profit or10s5 for the financial year in accordan￿ with the
requirements of Sections 394 and 395, and which olhemise comply with the requirements of
the Companies Act 2006 relaling to accounts, so far as applicable lo the company.
These financial statements have been prepa￿d in accordance with the special provisions
relating to companies subject lo the Small Companies Regime within part 15 of the Companies
Act 2006.
19112/2024
Approved bythe board forissue on........................
PdLbsh
Mr S Pallister- Chaimian

DrK￿kJn En¥el(w ID.. 6D03A13240184CD347BO-AF9B1F2C79
CASH FLOW STATEMENT
31 March 2024
2024
2023
Cash used in operating activities
Nel cash provided by operating activities
39,759
(62,2271
Cash flows from InvestSng actlvltles
Purchase of tangible fixed assets
17.3921
{3,4381
Cash usod in invosling activities
(7,392)
{3,4381
Cash flows from flnanclng actlvltles
Interest paid
Repayment of borrowng
Interest received
19.3801
1119,3971
2,014
{8,7641
(99,4481
2,418
Net cash provlded by l (used In) flnanclng actlvltles
1126.763)
1105,7941
Changè In cash and cash equivalents In the year
194.396)
(171.459)
Cash and cash equivalents broughi foThvard
437,758
609,217
Total cash and cash equlvalents carrSed fonvard
343.362
437.758
RECONCILIATION OF NET MOVEMENT IN
FUNDS TO NET CASH FLOW FROM OPERATING
ACTivrriES
Net movement in fijnds
41,164
103,062
Adjustrnents for:
Finance incorne
Finance cost
Depreciation
(Increas8ydecrease in debtors
Increasel(d8crease) in credilors
12,0141
9,380
2,882
153,0261
41,373
{2,4181
9,464
(179,7711
7,436
Net cash provlded by operatlng actlvlties
39,759
(62.2271
12

DrK￿kJn En¥el(w ID.. 6D03A13240184CD347BO-AF9B1F2C79
NOTES TO THE ACCOUNTS
for the yèar ended 31 March 2024
ACCOUNTING POLICIES
Basls of preparatlon and assessment of golng concern.
The accounts Ifinanaal slalements) have been p￿pared under the historical cost
convention with ilems recognised at cost or transaction value unless otherwise Staled in
the relevant nolelsl to these accounts. The financial stalemenls have been p￿ pared in
accordance with the second edition of the Charib'es Statement of Recommended
Praclice issued in October 2019, the Finanual Reporting Stsndard applicable in the
United Kingdom and Republic of I￿land (FRS 1021 and Ihe Charilies Act 2011.
The trust consbtutes a public benefit entity as defined by FRS 102.
The Irustees consider that there are no material uncertainties about the Trust's ability to
continue as 8 going concem.
Judgements
The Trustees consider that there are no key areas ofjudgemenl or estimale Un￿rtaInty
to be disclosed in these finanoal statements.
Incoming re$our¢os
Donations. gifts and legacSes represent amounts received during the year, together with
any associated lax refund. Gifts in kind for use by the charity are recognised as incoming
resources when receivable at a reasonable estimate of their value. Assets given for
distribution are only recognised when distributed.
Grants receivable for Spe￿fiC purposes are credited lo the statement of financial activities
in the year to which they relate as soon as condition5 for re￿Ipt have been met. Unspent
balances are Ca￿led forward to subsequent years within reslricled funds.
Grants for immediate financial support received against costs previously incurred are
recognised immediately ir) the Stslement of Financial Activities. Voluntary income is
shown gross before deduction of fvnd-raisin9 expenditure.
Resources expended
All expendilure is accounted for under the accruals concepl. The irrecoverable element
of Value Added Tax is included within the item of expense to which it relates.
Funds
General unrestricled funds comprise accumulaled surpluses and deficits on general
activilies. They are available for use al the discrelion of the Iruslees in furthefance of
Ihe charity's objectives. Restricled funds comprise accumulated fvnds which are subject
lo specific conditions imposed by the donorlsl-
13

DrK￿kJn En¥el(w ID.. 6D03A13240184CD347BO-AF9B1F2C79
NOTES TO THE ACCOUNTS
for the year ended 31 March 2024
ACCOUNTING POLICIES (Conllnuedl
Cash and cash equivalents
Cash and cash equivalents compris8 cash on hand and call deposits, and other short-
term highly liquid inveslmenls that are readily convertible to a known amount of cash and
are subject to an insignificant risk of change in value.
Dopre¢latlon
Depreciation is calculaled lo wrile off the cost less eslimaled residual value of tangible
assels over their estimated useful lives al the following rates per annum..
Computer 8qLJipm8nl
Plant and equipment
33.3Q/o of cost, and are fijlly depreeialed
33.3Q/o of cost
Flxed asset Investments
Fixed asset investments are staled at historical cost less prowsion for any diminution in
value.
Exemptlon from preparlng group accounts
The company is part of a small group. The company has taken advantage of the
exemption provided by Section 399 of the Companies Ad 2006 and has not prepared
group accounts.
Going concern
The charitable company is meeting its day-lo-day costs from voluntary income and its
cash balances. The directors have prepared forecasts that show that, on the basis of this
continuing, it will be able to conlinue as a going concern for at least the next twelve
months and have therefore prepared the financial slalements on the going concem
basis.
14

DrK￿kJn En¥el(w ID.. 6D03A13240184CD347BO-AF9B1F2C79
NOTES TO THE ACCOUNTS
for the yèar ended 31 March 2024
INCOMING RESOURCES
2024
2023
Unrestricted funds
Donations from Gloucestershi￿ Gateway
Trust {Opero1ingl Limiled
Other donalions received
Consultancy income
Inveslment income
688,OCKJ
735
19,320
2,014
640,200
13,414
2.418
710,069
£656,032
Restrlcted funds
Donations received
GEM project income
Household support
Thirty Percy
SPARK
Other restricted funds
373.539
197.184
131,374
88,334
48,000
120,OC(J
39.665
£387,708
£610.388
Total income
£1,097,7T7
£1,266.420
15

DrK￿kJn En¥el(w ID.. 6D03A13240184CD347BO-AF9B1F2C79
NOTES TO THE ACCOUNTS
for the yèar ended 31 March 2024
RESOURCES EXPENDED
2024
2023
Dlrect charltable - unre$trl¢ted funds
Community education and development
L¢xal evenl and hospitality costs
Growing project costs
Employment supwrt
New Pilot projects
Contribution lo Gloucester Services staff
bus
Staff costs
316,335
15,929
13,000
6,163
52,912
297.068
7.951
4,612
15.682
21,6(M)
21,600
151,630
115.1
Totsl direct charitable - unrestricted funds
£577,569 £468,569
Support costs- unrestricted funds
Rent l utilities
Legal and professional fees
Telephone and postage
office supplies and ststbonery
Marketing and advertising
Travelling and subsistence expenses
Insurance
Publications and subscriptions
Accountancy and bookkeeping fees
Training
Volunteer expenses
Finance charges
Bank charges
Depreciation
Staff costs
11,021
12,322
1,513
1.464
906
8,888
1.461
3.280
3,763
5,910
1,936
15,963
520
3,376
9,380
1.4
6.083
1.841
15.691
780
1,730
21.654
244
2,882
45,408
37.082
Total SUPFKJrt costs- unrestricted funds
£115,826 £101.130
Total unregtrlcted funds expendlture
£693.395 £569.699
Also included within the above is auditors remuneration of £6,000 (2023 - £6,000).
16

DrK￿kJn En¥el(w ID.. 6D03A13240184CD347BO-AF9B1F2C79
NOTES TO THE ACCOUNTS
for the yèar ended 31 March 2024
RESOURCES EXPENDED Iconlinued)
2024
2023
Restricted funds
GEM Project
Staff costs
Accommodation and room rental
Consultancy fees
Telephone and p051age
Office supplies, stats'onery and publicalions
Travel expenses
Marketing and advertising
283,388
11,091
33.953
1.642
12,000
2,259
7,449
832
Total GEM project expendlture
£832
£331,782
Thirty Percy
Charitable payments
120,007
59,885
Tolal Thlrty Percy expendlture
£120,007
£59,885
Other Restricted Funds
Other costs incurred within the terms of the
donats'on
Staff costs
62.973
42.622
48.276
Total other donations oxpondituro
£111.249
£42,622
Household Support Programme
Purchases and distribution of food and activity
cost
131,130
159,370
Tolal Household Support oxpendlture
£131.130
£159.370
Tolal restrlthd fund expendlture
£363.218
£593,659
Total expenditure
£1,056.613
£1,163,358
17

DrK￿kJn En¥el(w ID.. 6D03A13240184CD347BO-AF9B1F2C79
NOTES TO THE ACCOUNTS
for the yèar ended 31 March 2024
TRANSFER BETWEEN RESERVES
In February 2016, the Department for Work & Pensions (DWP} the Managing Authority
for the GEM Project, confirmed that a simplified cost option Meth￿ had been selecled
for all indired costs related to the project,. this is calculated at a flat rate of 15°k of direct
staff costs incurred on the GEM Projecl. No evidence or other calculation is required by
owp.
TAXATION
The company does not trade for profrt,. therefore, no corporalion tax liability arises on its
resulls.
STAFF COSTS
Unrestricted Restrlcted
funds
funds
2024
2024
Total Unrestrfcted Reslricted
funds
funds
funds
2024
2023
2023
Total
lunds
2023
Wages and salaries
Employer's NICS
Payroll charges
Pension costs
175.139
14.805
531
6.￿3
43,207
3,512
218,346
18,317
531
8.120
134,965
12.107
346
4.820
237,045
17,569
935
7,839
372.010
29.676
1.281
12,659
1,557
197.038
48,276
245,314
£152.238 £263.388
£415.626
Staff costs for Unre5tricled FurTrds have been allocated between Charitable and Support
costs depending on the ath"vilies undertaken by the relevant staff member.
The average number of persons employed by the charity during the year was..
2024
No.
2023
No.
Unrestricted funds
Restricted funds
14
During the year, no employees eamed £60.000 or more12023 - £nil).
18

DrK￿kJn En¥el(w ID.. 6D03A13240184CD347BO-AF9B1F2C79
NOTES TO THE ACCOUNTS
for the yèar ended 31 March 2024
TANGIBLE FIXED ASSETS
Plant and
equlpment
Cost
At 1 April 2023
Additions
3.438
7,392
At 31 March 2024
10,830
D•preciatlon
At 1 Aprll 2023
Depreciation during the year
2.882
At 31 March 2024
2.882
Net book value
At 31 March 2024
£7.948
At 31 March 2023
£ 3.438
All assèts are used for dI￿¢t charitable purposes and all additions were Èought into use
after the period end.
19

DrK￿kJn En¥el(w ID.. 6D03A13240184CD347BO-AF9B1F2C79
NOTES TO THE ACCOUNTS
for the yèar ended 31 March 2024
INVESTMENTS HELD AS FIXED ASSETS
2024
2023
Shares in group undertakings
The company owns 100°k of Ihe ordinary share capital of GIouc8Stershir8 Galeway
Trust {Operalingl Limiled. The profit for Ihe financial period to 31 March 2024 of
Gloucestershi￿ Gateway Trust (Operating) Limited was £640.244 and the aggregate
amount of capital and reserves at the end of Ihe period was £1.
Gloucestershire Galeway Trusl (Operating) Limiled has Ihe same registered office as
Gloucestershi￿ Galeway Trusl.
DEBTORS
2024
2023
Donations from Gloucestershire Gateway
Trust Ioperatingl Limited
Prepayment
Other debtors
338,OC(J
138,01
132,OlJO
17.480
£ 340,5C6
£ 287.480
10 CREDITORS duo in Igss than ono-year
2024
2023
Accruals and deferred income
Loan from Charity Bank
54,391
21,787
119,397
£54,391
£141.184
20-

DrK￿kJn En¥el(w ID.. 6D03A13240184CD347BO-AF9B1F2C79
NOTES TO THE ACCOUNTS
for the year ended 31 March 2024
11
CREDITORS due after more than one-year
2024
2023
Loan from Tudor Trusl
127,333
118.564
£127,333
£ 118,564
Repayment of the loan from Tudor Trust was conditional UFon obtaining planning
pemiission to proceed with the Motorway Service Area. Total repayments are dependent
on future cash flows arising from the Service Area. The value of the liability has been
detemined by use of a discounted cash flow model for which the key inpuls a￿ the
estimated future cashflows and the rate al these are discounted. A discount rate of 7.39%
has been delemined taking into account various factors including duration of the
agreement and a benchmark risk free rate.
12 LIMITED LIABILITY STATUS
The c￿npanY is limited by guarantee.
21

DrK￿kJn En¥el(w ID.. 6D03A13240184CD347BO-AF9B1F2C79
NOTES TO THE ACCOUNTS
for the yèar ended 31 March 2024
13 FUNDS
Unrestrlcted
funds
2024
Re8trlcted
funds
2024
Deslgnated Total funds
funds
2024
2024
Balance brought fofward
Surplus for the year
Transfers
381,111
16,674
29.458
87,818
24.490
(29.4581
468,929
41,164
£427.243
£82.850
£510,093
Unrestricted
funds
2023
Restrlcted
funds
2023
Deslgnated
funds
2023
Totsl funds
2023
Balan￿ brought forward
Surplus for the year
Transfers
223.021
86.333
71.757
112.846
16.729
(41.7571
30.000
365,867
103,062
130,0001
£381.111
£87.818
£468,929
The Trustees had sel up a designated fund for the purposes of selling aside dosure
costs in relation to the GEM project. These costs w8r8 incurred during the y8ar.
22-

DrK￿kJn En¥el(w ID.. 6D03A13240184CD347BO-AF9B1F2C79
NOTES TO THE ACCOUNTS
for the yèar ended 31 March 2024
Analysls of Rostrfctsd Fund Movement8
Balance
Balance 31
March
2024
Incoming Rèsourees
Transfer to
resources
expended UnrestrScted
2023
GEM projecl
Thirty Percy HotsFQt
Alliance
SPARK
Household Support
Programme
GCC Market Town
Project
Multiply Project
Other Projecls
(8321
832
46.423
88,334
48,000
1120,007)
112,0001
14,750
36,000
37.006
131,374
1131,130)
113.250}
24,000
5.450
{1.0611
120,000
199,2491
118.101}
1.061
8,100
£87.818
387,708 1£363.2181
{£29.4581
£82,850
As explained further in Note 4. some costs were transferred from restricted to unrestricted
funds during the year.
14 RELATED PARTY TRANSACTIONS
There were no related paty transactions in the year to 31 March 2024.
15 TRUSTEES, EXPENSES
No Trustee rec£ived or waived any emoluments during the year and the company paid
expenses of £nil {2023'. £nil} lo its tnjslees.
16 OPERATING LEASE COMMITMENTS
The total of futur8 minimum18as8 P8ym8nts is as follows..
2024
2023
Not later than one year
6.533
6,533
Later than one year and not laler than five years
6,533
6,533
The amount of nonrycancellable operating lease paymenls recognised as an expense during
the year was £6,53312023 - £6533).
23-