ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2021 GATEWAY WATERSIDE (Charltable Incorporated Organisatlon) CHARITY REGISTRATION No. 1143971 Independent Examiners Ltd 2 Broadbridge Business Centre Oelling Lane Bosham West Sussex POI8 8NF GATEWAY WATERSIDE {CIIARITABLE INCOftPOXATED ORGANLSAT1014 CONYENTS Page 3 Le¢al and Adrnln151rallve Informatlon Pa9e4tDS Trustees. Report Paoe 6 Stalemefit of Flnanclal ActIvIt￿5 Page 7 Balance Sheet Page5 8 to IJ Notes lo the Flnandèl Siatem2nts Page J4 IndepEndent Examlnevs Roport GATEWAY WATERSIDE {CHAAITAOLE INCORPOMATED ORGANXSATJON) LEGAL AND ADMINisfRATfVE INFORMATION CHARITY NVMBFR 1143971 LEGAL STATUS Chèr7ta￿e Ifjtorporatgd Qrganlsatknn STAMY OF FINANCIAL YEAR 1st Aprtl 202D END OF PINANCIAL YEAR 31st Nèrch 2021 DIRecTORS AT 31ST MARCH 2021 Or Sharon Nelllnos Icl*lrperstsnl Mr Davld Norbury Mis Sandrt Wlhlttaker Mr Anihony HoddÈr Mr Andrew Clarke Mr Nathan Hussey lappolnted IB January 2D211 CHURCH LEADER5 Mr. Tim Lockwood (Church Leoderl Mrs Dannl Lod(wood (Overseer) MrTony Hodder (Overseer) Mr Seèn Cullen (Overseer) Mrs Dawn Cullen (Overseer} Mr Brian Perry (Overgeerl Mrs Melanie Perry Ioverseerl GOVERW114G DO¢VMENT CIO- Foundatlon Converslon dated 4th Mèrch. 2020 QBJFCTS (A) TO AOVANCE THE CHRISTIAN FAtrM IN ACCOROANCE wrtH THE STATEMENT OF BELIEFS TN THE SCHEDULE EREfo ATtACHED IN PARTS OF HAMPSHIRE, THE VNtrED KINGDOM OR THE WORLD AS THE TRUSTEES MAY FROM TIME TO TIME THINK Flr. IBI TO RELIEVE PERSONS WHO ARE IN COI4IDITIONS OF NEEO, FINANCIAL HARDSHIP OR SICKNESS AND WHO MAY BE AGED AND TO RELIEVE THE OI>tRESS CAUSED THEREBY IN THE SAID LOCATJON ANO IN SUCH OT￿ER PARTS OF TWE UNftED KINGDOM OR ThE WORLD A5 THE TRUSTEES MAY FROM T]ME TO TIME THINK FIT. {C) TO AOVANCE EOUCATIUN ON THE BASIS OF CHRISTIAN PRINCIPLES IN THE SAID LOCATION AND IN SUCH OTHER PARTS OF TAE UN￿ED KINGDOM OR THE WORLO AS THE TRUSTEES MAY FROM T]ME TO T]NE THINK FIT.. (D) TO PROVIOE OR ASSIST IN THE PROV]SION OF FACILITIES IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATION OR OTHER LEISURE TINE OCCUPATION OF TNOIVIDUALS WHO HAVE NEED OF SUCH FACILlnES BY REASON OF THEIft YOUTH, AGE, INFJAMITr OR DISABILif¢, FINANCIAL HARDSlfIP OR SOCIAL CIRCVMSTAf4CES WITH THE OBJEC[ OF TMPROVING THEIR cof4DITIONS OF LIFE. REGISTERED ADDRESS l Badgers Walk gtsuthBmpto S040 2T PRIMARY BANKERS HSBC Bank PIC 4S Commetclèl Road Souihampthn S040 3Am INDEPEP40ENT EXAMINER Independent Examlners Ltd 2 Broadbrldge Buslness Centre Bosham West Sussex P018 8NF ## **GATEWAY WATERSIDE (CHARITABLE INCORPORATED ORGANISATION)** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2021** This is the annual report for Gateway Waterside (previously known as New Forest Community Church), Registered charity no. 1143971, a Charitable Incorporated Organisation. This report covers the period from 1st April 2020 to 31st March 2021. The objectives of the trust are advancement of the Christian Faith, including worship, preaching of the Christian Gospel, the pastoral care of Christian people, and providing relief to persons who are in need. Gateway Waterside has fulfilled its objectives through a range of activities. These include weekly public meetings, small group gatherings for Christian discipleship, teaching, training, and supporting people with specific interests to pursue opportunities for ministry at home and abroad. ## **Staff Receiving a Salary** To further the objectives of the charity there are two employed members of staff. The Church minister Tim Lockwood and the Administrator Samantha Gough, both are employed on a part time basis. No employees receive over £60,000. ## **Activities** This has been a very difficult year for the charity as like the rest of the world it has had to deal with the COVID pandemic. This resulted in the charity following Government guidelines and closing all public meeting spaces. The charity therefore had to adapt and look at new ways to fulfill its objectives to the christian and local community and look at proactive approaches in looking at ways in which it could help the community during this difficult year. The result was that home services were done each week and broadcast live on Facebook. People in the community could join the live broadcast and use the comment feature to send their greetings and thoughts. This proved very popular with those broadcasts often getting in excess of 300 views. Zoom was also used extensively to help to facilitate smaller gatherings as well as providing much needed one to one interaction. The charity also commissioned Isolation packs for families whose children were isolating from school in the local community. This idea was adopted by a number of other churches. These included activity items as well as reading material and puzzles. Over the lockdowns people within the community who were on their own or were classed as vulnerable were regularly visited and communicated with from outside their homes and within the Government guidelines and shopping and medication drops were arranged to help them in a practical way as well as in a social way. This also included providing cooked meals where appropriate and safe to do so. Over Christmas the charity put on a special open air Christmas event for the community at Sunnyfields farm which was fully risk assessed and in line with Government guidelines. During this event many local families attended in a socially distanced way and candles were held as we remembered the previous year and prayed for the new year. Numbers were not taken for this event but it was estimated at around 200. Gateway also continued to support "Christians Against Poverty" (CAP), by providing a local CAP Centre with Tony Hodder as centre manager for Marchwood and District. CAP Is a registered charity which provides support for people in debt. Tony Hodder, together with other church members, obtains Information from potential clients, which allows CAP to generate a plan for debt repayment or, if this is not sustainable, an appropriate form of insolvency. Local church members continue to provide support to clients as they progress to becoming debt free, with several clients successfully completing the process & becoming debt free. Due to pandemic phone calls and zoom meetings were arranged and used. Church members also supported local food banks, with regular collections of food. We also supported “The Crossings” which is a charity that works in helping people who have accommodation needs. This includes the homeless as well as those having to “sofa surf”. The crossings provide a safe access point for advice and mediation. The church financially gives to this project as well as the Manager and some trustees being members of Gateway Waterside. The church also supported mission work in Kenya which has continued through the year. Gateway Waterside actively supports the Salem orphanage for about 100 children, located in Bondo on the shore of Lake Victoria, 50 miles west of Kisumu. Andy & Sam Clarke liaise with the orphanage through Phoebe Onyango the head of the orphanage. The church also supports work of the Mission Aviation Fellowship (MAF) in Papua New Guinea by giving financial support to a family closely connected to the church. Over this financial year, support was given for initial training of this family before their relocation to begin work in finance and teaching. The start of their work in Papua New Guinea was delayed due to the COVID situation. Financially the charity received less income than the previous year, however reserves still remain in a very healthy position. The trustees also agreed to invest some of the reserves. This included the building fund as well as some of the unrestricted reserves. (Details seen on the balance sheet). These investments were ethically invested in line with the charity's values including investing into a social housing charity called Green Pastures that provides accommodation for the homeless. These investments performed well over the year and helped to balance the decline in general income. 4 GATEWAY WATERSIDE {CHARITABLE INCORPORATED ORGANTSATION) REPORT OF THE TRUSTEES{CoTrtlnvedl FOR THE YEAR ENDED 31ST MARCH 2ts21 Re5ePVes Pollcv The Tru5tees' polity for Ilnonclal reseryes is to maintaln sulflcleDI funds lo rneet conlraclual obllgatlQn5 EmplTryees and olher5 to ensure that there ￿ aTr adeouate level tsf Working CBpitèl tts tover fluctuètlons In lThcorne levels. As shown In the balance sheet, the remah5 In a h?althy IIDanual posi￿0￿ wllh gaad tash reserv￿ In plate. The Trustees are Convlnced thal the charlty wlll iontlnue to be able to meet Its Oblectlves advance the Chrtstlah F&th, to prts￿de Wètt￿01 SllPPDrl In local and overseas communkles. Trusiees, iiesponslbllltles The ChJrSlles Act 2011 require. the truslel￿ lo prepare financibl statements for each financial year which olve a true and ralr View of the 5tatÈ of affalr5 of the CIO and Df the s￿￿1v5 of the CIO lor thil perknd. In preparing th0￿ financlal statements the trustees Bre requlred to.. select 5uStablo accountlng polldes and Ihen apply them tortsistently., b) make Judgem¢nt5 e5timate5 thal are rea59nablE and prudent., pre￿re the flnarKlal statement5 on the g￿ng concern b¥sls unle65 tt Is 1Trgpproprlate tD fhal th8 The tr￿tee% are rESPOhSible for keeping proper account1ng records. which dlsdose wllh reasOna￿e accvrocy at any ilme the finaTrclal posSlloD of the Clo. They are also responslble for 53fe9u?rdin9 the 455els of thE CIO artd hen¢e for takin Approved by thE Twstees tsn the......................................................... January. 2022................................................................................. S*ned on thelr behJlf by Trustee...................... PdTrred Name.. Dr Sharon MellSn95 {Ch&lr ofGJleway waterS￿e Trustees) GAYEWAY WAYERSIDE mhrkol vglue at the end of yeJr. GATEWAY WATERSIDE (CHARITABLE RNCORPOAATED ORGAPéISATION> NOTES TO THE FIP4ANCXAL SYATÉMENTS (Cottiinuedl FOR THE YEAR ENDED 31ST NARCH 2021 I. ACCOUNTING POLICIES (Conllnuedl Expehdlture and Llabllltles Llablllty Recogrtltlo Ll6bllitSe5 are recugnlsed as Soon a5 there Is J legol or conslrucllve obllgaM¢n comrrlttlng the to poy out r¢soufces. Governance Costs ny legèl advice lo Irustees on goverDance or con5titutlonal mitters. Grartts wlth Pwlormaspce ¢ondAfJons Wh8ro the charlty gIVe5 è grèrnt with condI￿ons lor ￿¥￿ent bein9 a speclfic level ol serylce or outwt ro be provldEd, such 9faDts are only recogn15ed In th@ SOFA onco the reclplent of tha grant ha5 pfD¥ldÈd the setvke or output. Grants Payable wlthpvt Perfornyance Condltlons These ère only recognlsed In the accounts when a commllment hos been made and there are no coDditlvns tp be met relating to a 9rJTrt which remain in coThtr￿ ol the chirfty. Support Costs Support C05¢5 Indude centrgl fvDction5 have been alktèted to atlbAty cost categorles on è basls CDnslstent wlth the use of the resources, e9 all(￿atIng propth costs by noDr areas, or pgr t4plt81 ern￿o￿d, staff costs by the JMÈ spent d Dther costs by their usa9e. xed A*sots Tanglble fixed èssets lor use by the chartty, Ihese are capira15sed If they be used for ¢hgD on@ ye8r, 3nd c051 at least El,000. They are valuEd al CDSt or, 11 g1ft@d, at the value tr> the charity on recelpt. znvestmettts lTrve5tments quoted on a recDgnised Stock ExchaDge are valvtd •t market value at the year end. (Xher Investment assets re Included at try5tee5' best esiimate of market Value. Thertr ha5 been Tho thanoe tts the accountln9 wllcles Ivaluatlon rules and rnethods ofacJCOMING RESOURCES YOTAL 2020121 TOTAL 2019120 Funds Funds Note ) Dorthptions & LegBcies 29,215 7.665 29,215 7,665 12,731 49,611 40,287 19.393 8,404 68.OB4 Tax Recoverable Glfts, Tkhes & Ollerkngs 49,611 b) Charitable ActlVll￿5 Mlnlstry EveThls S3lem Orphana9e CAP 7SO 795 75D 795 B30 B23 cl Encomè 356 356 733 d) Other Rq8oufcég Sundry Income 19 19 165 10 GATEWAY WATERSIDE {CHARITABLE INCORPORATED ORGAf4IsATION) NOTES YO THE FINA14CIAL STATEMENTS {ContStyued) FOR THE YEAR ENDEP 31ST MARCH 3021 4. Resources Exponded Unrestrtcted Re5trl¢ted Funds Funds TOTAL 2020121 TOTAL 2D1912 al tosts of ChBfitDblÈ At buSldlng vp fuDds for wh￿￿ therE 15 no clear expendllure plans. The Trust's p￿1(Y ts to allo￿ reserves lo accrue to a level off three moTrths' average expendlture, plus funds whlch be earmarked for spe￿riC prDJect5 in the future. As the frust 15 Stlll grDwlngJ re5Eryes rnay Dnly eKreEd this PDllcy levEI In order ID be aWe ID respond posltlvely to new opportvnltles, Thls 55luallon is actlvely monllored ID ensure that reseryes do Trot bulld p unnece55arily. 14. PUBLIC BeNEFIT The CIO acknowledges Ils requlrement to demonstrate clearly that It must have tharltable purposes or'alms. that are lor the publlc benent. D&taI15 DI hDw th@ charlty has achleved th￿ are provlded In the Trustees report. The Tru5teos (Dnfir that Ihey have paStl due regard to the Ch3rlty Comrnlsslon guldèn￿ on publlc beDeflt belore decldlng what actlvllle5 the chad%Y s￿)uld Undertake. 13 ## **INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS** Report to the trustees/members of Gateway Waterside on the accounts for the year ended 31st March 2021 set out on pages 6 to 13. ## **Respective responsibilities of trustees and examiner** The Charity's trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the financial statements. The trustees are satisfied that the audit requirement of Section 144(1) of the Charities Act 2011 (the Act) does not apply, and that there is no requirement in the governing document or constitution of the Charity for the conducting of an audit. As a consequence, the trustees have elected that the financial statements be subject to independent examination. Having satisfied myself that the charity is not subject to audit, and is eligible for independent examination, it is my responsibility to:- a) examine the accounts under section 145 of the Act; b) to follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the Act; and; c) to state whether particular matters have come to my attention. ## **Basis of independent examiner's statement** I conducted my examination in accordance with the General Directions given by the Charity Commissioners for England & Wales in relation to the conducting of an independent examination, referred to above. An independent examination includes a review of the accounting records kept by the Charity and of the accounting systems employed by the Charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you as trustees concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of the Charities legislation and that the financial statements comply with the SORP, on a test basis, of evidence relevant to the amounts and disclosures in the financial statements. The procedures undertaken do not provide all the evidence that would be required in an audit and information supplied by the trustees in the course of the examination is not subjected to audit tests or enquiries, and consequently I do not express an audit opinion on the view given by the financial statements, and in particular, I express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statement below. ## **Independent examiner's statement** In the course of my examination, no matter has come to my attention: 1. which gives me reasonable cause to believe that in, any material respect, the trustees requirements: · to keep accounting records in accordance with section 130 of the Charities Act; and · to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Independent Examiners Ltd 2 Broadbridge Business Centre Delling Lane Bosham West Sussex PO18 8NF Date: 26th January, 2022 14