GATEWAY CHURCH BARNSLEY (A company limited by guarantee) FANCIAL STATEMENTS FOR THE YEAR ENDING 31st MARCH 2024 Company Number Charity Number 07728123 1144050 Down 2 Earth Aeeountancy Limited 'The Stables, 26 Westgate Monk Bretton BARNSLEY S712DJ
GATEWAY CHURCH BARIYSLEY FINANCIAL STATE1Ts FOR THE YEAR ENDED 31 MARCH 2024 CONTENTS PAGE Legal and Admirustrative Details Report of the Directors l Truste¢s 2to3 Accountants Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 7tolO
GATEWAY CHURCH BARNSLEY LEGAL AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 MARCH 2024 Status '. The organisatiort is a charity established as a companv limit by Compan). regtstration numbcr '. 07728123 R¢gistrred charity number '. 1144050 Governing dLKument .' The charity is controlknl bj. ils governing dUment, a deed of trust, and onstithes a limited compw, limited by guara, as defin b) the Companies Act 2006. Objects .' The objects of the clwity, are stsled in th¢ Report of th¢ Directors I Trustees. Directors l Trustees .' Mth Reasbeck Jonathan Tiveedle Neil Morris Srikanth Bandla Linda Parsons Kath11 Gaunt-morris Dan.Al¢¥andru Gu80a Director and Trnstee Director and Trustee Director and Trustr¢ Directrjr and Trustee Director and Trustee Director and TTUStee- App)inted 19 Februan. 2024 Director and Trustee - Appointed 19 FebruaTh' 2024 Secretar5. . Non¢ Registered Office '. 15 Windsor Crescent Monk Bretton Barnsl¢J' South Yorkshire S712LU Balr5 HSBC UK 5 Market Hill Barnslw. South Yorkshir¢ S70 2PY Jndep¢ndent Examiner '. 2 Earth Accountanc). Lxmiwj The Stable5, 26 We$tgate Monk Bretton Barnsl¢i' S712DJ P4el
GATEWAY CHURCH BARNSLEY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 The th"rcctors l truste¢s present their report togcthcr with thc uDaudj.t financial statements for the pericd cnded 31 Marth 2024. The trusttts hav¢ adopted the proviyions of A¢counting and Reporting Chantie5', Statement of Rended Practice applicable to charities preparing their accounts in accordance I7th th¢ Financial R¢porting Standard applicable in the UK and Ropubli¢ of Ireland IFRS 102) (effectsve E January 2019). INCORPORATION Thc companv was incorpoTat¢d (m 3 August 2011. CORPORATE GOVERNANCE Gatewas. Church Bamsle), is a companv limited b). guarantee and is regiwred as a charity by the Charih, Commission. The compan>. is 8ov¢rned b>. lis Memorandum and Articles of Association. The dir¢etors of the company are algo charit). trustees ftir th¢ purwse of charitit laiv, The governin8 bY is the board of directors I trnsteeg M'hose members are elected b). the F*Iembers of th¢ Association. The board meets as often as is n¢S9 to r¢view th¢ financ1 stalu5 of th¢ mparty And its progress tffii'ards me£tin8 its objects. REVIEW OF DEVELOPMENT AND ACHIEVEMENTS OF THE CHARITY IN THE PERIOD The Charity consolidated and ¢oncentrated its efforts to proBff$$ ndIng and support to the need> in the Nrar. FINANCIAL REVIEW During th¢ period ended 31 March 2024 the mpanv had a $urplu8 of expenditur¢ ov¢r incomllw r¢sources of £1,405. the incoming resources amount&J to £114,638 ftir the >'rAr. Exp¢nses of mana8in8 and administering the company amounted to £116,043. Th¢ r¢serves held b}, th¢ dwity. amount to £139J33 which is for the purpos¢ and fiJrthcranc¢ of the charity S objective$. PLANS FOR THE FUTURE The focus of the Charity M'as in the provision of thnding and support to the n¢¢dy in the ¢ommunits.. The r&8uIts of the charitN' r¢turned a surplus in the year. Future Concentration is in ndIng and support of the needv in th¢ fA)mnwty and ivith a continuous review of futur¢ direction. Page 2
GATEWAY CHURCH BARNSLEY REPORT OF THE DIRECTORS I TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 STATEMENT OF DIRECTORS I TRUSTEES RESPONSIBILITEES Companv law requires th¢ th'rectors trj pr¢pare financial Semettts for each financial }'ear N'lll'ch give true and fair vithv of th¢ Slate of aff'r$ of the eompattv at the end of the perioa and of the profil and loss for the peri(NJ then ended. In preparin8 those finall¢1 ststements the directors arc required to . Select suitable accounting policies and then apply thmi consistentl)
Make judgements and estimates that are reasonable and prudent ' Prepare the fjnancial statements on a golng conc¢rn basis wlless it is inappropriate to pr¢sum¢ that th¢ compan!. I11 continu¢ in operdtion. The directors are responsible for ke¢ping proper accounting reeords M41ich disclose. Iiith reasonable accurac}. at any time. the financial position of th¢ company and to enable th¢m to ensure that the financial sratements compl). iiith the Companies Act 2006. Tho. are also responsible for th¢ safe¥uardu18 the ass¢ts of the compans, and hence for taku)8 reasonable steps for the prevention and detection of fraud and other irregulariti¢5. Approved by order of the l)oard of trustees on 16th December 2024 and signed on its beh$lf by: Mark Reosbtck Director l Trusttt Page 3
GATEWAY CHURCH BARNSLEY REPORTING ACCOUNTANTS, REPORT TO THE TRUSTEES I MEMBERS ON THE UNAUDITED FINANCIAL STA TEMENTS OF GATEWAY CHURCH BARNSLEY FOR THE YEAR ENDED 31 MARCH 2024 Re8pectlve responglbilitiey of irniteei and examiner The chariry's tnjstees are responsible for the preparation of the accounts. The chan'tys tntee5 consider that an audit is not requlled for this vear under se¢uon 144 of the Charitie5 Act 2011 {'the Charities Act") and ihat an indendent ¢xaminaiion is ned. It is my re4nsibIlIty to.. ¢xan)ine the accounts uoder section 145 of the Charitie5 Aci, to follom. the pr(dur¢S laid doMTL in the general Directions gii'en by the Charity Conllnission (under section 145(5Nb) of the Charities Act. and to s(a* wh¢th¢r partiodar matters have come to m). attenuoJL Basis of independent examlner's statemertt Our eNamÉtJation ivas carried oui in accordano t g¢lleTal dtrections given b), the Clwity. Commission. An amination includes a r•'i¢Th of the accounting records kept bv the chariry 8nd a comparison of th¢ 8¢counts pr¢sented those records. It a150 includes consideration of an). unwual I¢¢n or disclosure5 in the a¢wunts. and Seeking ¢xylanations from the trustee5 con¢¢rning any such matters. The prwedures undertaken do not prnid¢ all the idence that M'ould k wuired in an audit, and consequently no opinion is gii'¢n as to B'hether the accounts present a 'tyue and faiP viem. and the report is limited to those matters set out in the Maiement below. Independent examiner's staternertt In nneCtion with our examinatioty no matter has come to our atteniio l. K'hich gil.es m¢ the reasonabl¢ ¢ause to beli¢v¢ ih81 ITh an). nJ8ierial respect. thc rcquiffmcnis.. io keep accounting records in a¢¢Ordan Bith section 386 of th¢ Companies Art 2006., and io prepare accounis ifvhich accord vith the accounting records al coinpl> M'iih the a¢¢ounting rwuir¢m¢nts of seaion 396 of the Companie5 Ath 2006 have tten met; or 2. which gil'es m¢ the reasonabk caus¢ to believe that the accowits hai'e not FA%n Prepar in accordance with th¢ mdhcds and prin¢ipl¢s of the Siatement of Recommended Prdctice for a¢¢ouniing and ren]rtg b). chari(ies (applicable to chaTitte5 preparing ilieir accounts in accordan¢e ivith the Financial Repning Stani1ard applicable in the UK and Republic of lieland (FRS 1021): or 3. to ii'hich. in our opi lo ix reac attention thould be in order io enable a proper undetsng of th¢ accounts 26 Wemgaie Monk Bretton Barnsley South Yothlur¢ S712DT Doii. A¢¢ountant 17th Decernr 2024 PAge 4
GATEWAY CItURCH BARNSLEY STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 Unrestrirted Restricted Tots] Total Funds Furtds 2024 2023 Income and Endowments From Donations and L4acie5 72,883 72,883 41,755 41.755 114,638 114,638 93.886 93.886 Raisin8 Funds (51,585) (14,224) (18,794) (31,440> (70.379) (45.664) (60.236) {3 1,785) (65,809) (50,234) (116.043) (92.021) Net Gainsl(Losses) before iDve5tment Net Gainsl(LK)ss¢s) on investment Ne* IneomeJ(pendIture) Transfer B¢N'e¢n Funds 7,074 (8.479) (1.405> 1,865 7,074 (8.479) (1.405) 1.865 Other Refognised GAinsl(Los8es) Gainl(Losses) on Revaluation of fLxed assets Other Gainsl{Losses) Net Movement ill Funds 7,074 8,479> (1,405) I,865 Reconeiliation of funds Total funds brought forward Total funds carried fonvArd 10,694 17,768 130.044 121,565 140,738 139,333 138073 140,738 Pa£e S
GATEWAY CHURCH BARNSLEY BALANCE SHEET AS AT 31 MARCH 2024 Unreitrieted Funds Restricted Funds Total 2024 TDtsI 2023 Note Fixed A55¢t5 Tanble Assets Investments 4.913 48,815 53,728 52.074 4.913 48,815 J3.728 52.074 Current As#ets Stock Trad¢ D¢btors Prep8yn¢nts Casb at bank and in hand 394 6.856 7.250 394 89,592 89,986 385 90.584 90,969 82.n6 82,736 Crediiors . amount$ falling due Y¢iihiD one year (4.381) (4,381) (2..305) Net current Jssets 2.869 82,736 85.605 88.664 Net a58ets 7.782 131.J51 139.333 140.738 Fund$ Restricted Funds Unrestrici¢d Funds 121.565 17.768 139.333 130.044 10.694 140.738 tn the dire¢tors opinion the ¢ompam' iY&s entitled under Section 477(2) of the Companies Act 2006 to &iemplion from the audit of its accounts for the s'ear ended 3 l Marcb 2024. No notice from the trustees requiring an audii h&% been deposited under Section 476 of the Companies Act 2006 in relation lo lis accounts for the financial year. The directors acknowledge their re5ponsibilii!, for '. (a) Evring the company Leeps accounting records ,hICh comply with Sethions 386 and 387 of the Companies Act 2006 and, (b) Preparing accounts Mhich give a true and fair i'iew" of the state of affairs of the compan%, as al the end of the fmancial year. and of its profit and loss for the period and 'ch otheniise compl!. Ivith the requirements of Sedions 394 and 395 of the Companies Act 2006 relating to accounts, so far as is appIlble lo the compwh.. Th¢ financial ststements have been prepared in accordan¢e ivith the special provisions of the Companies Act 2006 relats'ng to Small companies and in accordance with the Financial Reporting Standard for Smaller Entities. The fmancial slatements ivere approved bv the Board of Trustees on 16th December 2024 and sisDed on its beha]f bi.: Mark Reasbeck Dirtttor l Trustee Pa6
GATEWAY CHURCH BARNSLEY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 I. ACCOUNTING POLICIES a) BASIS of Accountin8 Th¢ fuwicial statrments have be prepared in ac¢ordance with applicabl¢ accounting standard5 and the IM'stori¢al ¢ost acc()untin8 rules, and in accordance Mith the Sthtement of R¢¢ommended Pwti¢e.' AGtIn8 and R¢portin8 by Chan'ties (issued March 2005). and th¢ Companies Act 2006. b) Incoming regoure Ail incoming resource5 are included in the ststement of financial aetiNitieg ii'hen the chariti. is enli11 to th¢ incom¢ and the amount can be quantified ivith reasoroble accur>.. The follthling specific policie$ are applicable to particular categories of income.. Donations are in¢ludwJ in the statrnt of financial activities when received. c> Expenditure Co#S of managing and administering the chan'ty arc included in th¢ s¢at¢m¢nt of financial a¢tivitie$ s)n an a¢¢nlS basis, in¢lu$ive of any VAT, Ivhich cannot be recovered. d) Fund oe¢ountin8 At the balance $heet date th¢ ttimpan!. onl). holds unreytricted funds w'hi¢h may be appli¢d to meet the charity's obJe¢l3 ai the th'scretion of the trust¢¢s. e) Fixed assets And depre¢iation Fixed assels for charitable use wh¢re over £100 are capitalised at co$t. Impairn)ent reviews a carried out bv the direthors as and when ¢IUm8t&nceS indi¢ a n¢cessity. Depreciation is alculated to MTite off th¢ cost of an asset, less th¢ ¢stunated residual valu¢ of each ass¢t over its exFct¢d use1 life as folloivs '. Improvements to propeth.. Plant & machinery Fixtures & fittings Office equipment 2 % per annum on written down value 250/0 per annum on isyitten value 25Q/D per atjnum on M'ritten doivn value 250/0 p¢r annum on MTitten do1 value FIX asset investsn¢ni properties are valued annuall!, bs, the directors / trustees and showm in the actounts ai vaiualion. Net surpluses or deficits on revaluaiion are taken to reserves. Inv¢stment properties aTe not depreciated. Page 7
GATEWAY CHURCH BARNSLEY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 2. INCOMING RESOURCES 2024 Funds 2023 Fullds Donations and Legacies 114,638 114,638 93,886 93,886 3. RAISING FUNDS 2024 Funds 2023 Funds Wages & Salari¢s Rates and ii'ater Light & Ht Telephone & Intern¢t Pos(agc & Siationcr). Suppon Costs Mottram Ha]1 Insurar Public Liabilits. Insuranc¢ Mottram Hall . Clwiing Mi)ttram Hall . Repairs 62.686 318 2,214 280 205 1,974 540 528 942 692 70,379 54,366 149 1.346 228 396 1,692 513 489 627 430 60.236 4. NET INCOME(EXPENDITURE) 2024 Funds 2023 Funds Nct income/(expend]'ture) is stated after d8(cr¢dnsI Depr¢ciation- oiimed asets 2,129 1,788 S. TRUSTEES, REMUNERATION AND BENEFITS 2024 Funds 2023 Funds Salaries Trustees Pensions paid 35.178 545 35,723 31,323 452 31,775 6. STAFF COSTS Th¢ &vcrn8e ?. numbor of 4ynployèes durin8 th¢ %'¢ar as foll 2024 2023 Pastor Emplo)ee PAge 8
GATEWAY CHURCH BARNSLEY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 7. TAIYGIBLE ASSETS AND IIYVESTMENTS Improvements Plant & To Property Machinery Fixtures & Fittings Offife Equipment Total Cojt At l April 2023 Additions in the period Disposals durins th¢ p¢ri(Jl 52,923 3.635 l6,656 6,866 3,837 78,641 3.837 (109) (109) At 31 March 2024 J2.923 3,526 16,656 10.703 82,369 Depreciation At l April 2023 charg in th¢ p¢r11 Depreciation on DIS81 At 31 Marth 2024 4.285 973 3.443 34 551 3.422 13,427 307 4.851 815 28,006 2,129 55) 30,080 5,258 15,734 3,666 Net Book Value Ai l April 2023 48,638 192 1,229 2,OlJ 32,074 At 31 March 2024 47,665 104 922 5,037 53.728 CREDITORS . Amount$ rling due within one year 2024 2023 Taxation and social s¢¢urity Other cmlitors and accnthls 517 3,865 4,382 435 1.870 2,305 9. RESERVES Unrestricted Funds Rtstricted Funds Total Funds 2023 Funds Reserves BIFi¥d at l April 2023 Surylus of income over e%penth'tyr¢ Ai 31 March 2024 14.293 7,074 21,367 124,580 {8.479) 116,101 140,738 11.405) 139,333 138,873 1.865 140,738 10. TRANSACTIONS WITH DIRECTORS I TRUSTEES AND RELATED PARTIES No ¢rOtiOna involyii* directord / tru¥¢¢CA and r¢]Atra p#rti¢J 0ura in th¢ poriod. If transadions iiith director5 1 trustees and related parti¢5 these are und¢rtak¢n ¢ntirel)' on an arnis-length cOmnrC1a] basis. Page 9
GATEWAY CHURCH BARNSLEY APPENDIX TO THE STATEMENT OF FINANCIAL ACTIVITIKS FOR THE YEAR Ef4DED 31 MARCH 2024 u1trtea Reyiri¢ted Fvnds TOTAL 2024 TOTAL 20ZJ tknalL0115 & Legu¢ies 72,883 71883 41.755 41,75S 114,638 114638 93.886 93,886 Wages & Solaries Rates and wa Light & Heut TelephOj & bikrnet Po3taBC & Stationery Support COMS Moi¢Tom Hall Insur Public Liabilit)" lin Mollrom Hall Cle4nin8 Moitr8m HAiI Repe5 45.326 17,160 62,6B6 318 2,214 J4,366 149 2.214 1.346 205 1.974 20S 1.974 340 528 942 692 396 1,692 328 489 627 430 942 692 SIU83 14794 70J79 W¢bsi Fees 239 259 Te•chin8 l Books Crt'ft$ Si8ns & BAnners Z(x)m Subgcriplion Equipill¢ni Rent19 Winter Fuel AllowAnre Chri$iian S8feBuarthn8 Servi Licenses Subs¢riwioD8 IFAI Bank Char8¢8 Neil, IA)dBe Rent Tithin8 Gi Th¢mio$tsl chi¢ IROM Sun Food) vid Projttt Expenses SiotTM¢etin8 ExFens D¢preciAtiorL L05s On DI$&1S of Equipmenl Cinema Ser%'L¢¢ RonwLidn Chrislmas Qifts for Children RoJnoLUQrt Paaor I Srrtaker Expel HVeSt C¢l¢bration EV8e115M Ex11$¢8 Sia5rfoot F1b[th D)nation sore8lwdii Trainiiig & Fee$ Rortwiian Simda!. Sch1 Expense8 CAP kvenl Expenses ShD¢s Bok Lundi4D(yJ R¥nl B¢rtevolent Fw FNKibank Exr¢ns¢s 229 229 so 89 144 717 19 144 717 1,000 193 328 419 264 80 264 235 1.023 3,550 1.802 104 1.802 104 469 1129 54 I,35XI 396 77J 54 1.354 I,n8 370 364 1,020 338 364 1.020 338 124 I,LM)o 204 104 I,wo 31 304 I,9 93 413 1,227 3Q4 1,810 1.810 ),337 SILill¢ Siiu5' YWAM Mi55ion Expenses MottrBm Hail PArkL'rtg Vou¢hers CAP Monthlv Fee Romanian Don&tiotLS Ukrans'an Refugees 441 6.893 325 441 6,895 325 6,0(K> 750 447 1303 7JO 5(X> 1070 11224 31,440 31,785 N¢t Surplu> l (Defltlt)