## **ANNUAL REPORT AND FINANCIAL STATEMENTS**
# **FOR THE YEAR ENDED 31ST DECEMBER 2022**
## **GATEWAY CHURCH DARTFORD LTD**
**(COMPANY LIMITED BY GUARANTEE) CHARITY REGISTRATION NUMBER 1148119 COMPANY REGISTRATION NUMBER 08064671**
Independent Examiners Ltd Unit 2 The Broadbridge Business Centre Delling Lane Bosham PO18 8NF
## **GATEWAY CHURCH DARTFORD LTD (COMPANY LIMITED BY GUARANTEE) CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2022**
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Page
Legal and Administrative Information 3
Directors' Report 4 to 6
Independent Examiner's Report on the Accounts 7
Statement of Financial Activities 8
Balance Sheet 9
Notes to the Accounts 10 to 18
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**GATEWAY CHURCH DARTFORD LTD (COMPANY LIMITED BY GUARANTEE) LEGAL AND ADMINISTRATIVE INFORMATION**
**WORKING NAMES** Gateway Church **CHARITY NUMBER** 1148119 **COMPANY REGISTRATION NUMBER** 08064671 **DATE OF REGISTRATION** 10th May 2012 **START OF FINANCIAL YEAR** 01 January 2022 **END OF FINANCIAL YEAR** 31 December 2022 **DIRECTORS AT 31 DECEMBER 2022** Mrs Carol Adjal-Mensah Ms Jasmine Farrell Appointed 21 April 2022 Mr Timothy John Sams Resigned 31 December 2022 Mrs Beverley Veersawmy
The existing trustees appoint any new trustees following the provisions laid out in the Charity's governing instrument.
## **GOVERNING INSTRUMENT**
Memorandum and Articles Incorporated on 10th May 2012.
## **OBJECTS**
a) To advance the Christian faith in accordance with the statement of beliefs appearing in the schedule to the articles hereto attached including but not by way of limitation through the planting of other churches in such ways and in such parts of Dartford, Kent, the United Kingdom or the World as the directors from time to time may think fit;
b) To further Christian education in such parts of Dartford, Kent, the United Kingdom and the World as the directors may from time to time think fit;
c) To relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods and services of any kind, including through the provision of counselling, training in life skills and support in such parts of Dartford, Kent, the United Kingdom or the World as the trustees from time to time think fit;
d) To provide or assist in the provision of facilities in the interests of social welfare for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disability, financial hardship or social circumstances with the object of improving their conditions of life.
## **CORRESPONDENCE ADDRESS**
## **PRIMARY BANKERS**
## **INDEPENDENT EXAMINER**
Cobden House 43 Spital Street Dartford Kent DA1 2DR HSBC Bank Plc 38 High Street Dartford Kent DA1 1DG Donna Leppitt Independent Examiners Ltd Unit 2 The Broadridge Business Centre Delling Lane Bosham PO18 8NF
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## **GATEWAY CHURCH DARTFORD LTD**
## **(COMPANY LIMITED BY GUARANTEE) DIRECTORS' REPORT**
## **FOR THE YEAR ENDED 31ST DECEMBER 2022**
The Directors present their report for the period ended 31 December 2022 together with the financial statements for the period then ended.
## **Objects**
The objects of the charity are as set out on page 3 of these financial statements. These objects are primarily being met through the holding of weekly meetings, together with one-off events, social activities and the allocation through gifts of funds to such organisations or individuals that the trustees feel fit from time to time. The review of activities below gives further detail.
## **Financial Context and Background**
The reader of these accounts will note that unrestricted income was up slightly on the previous year. The church continued to operate at Wilmington Community Church, where Sunday afternoon meetings have been held and then later in the year started meeting and holding other events at St Mary’s Primary school in Stone.
Expenditure increased but overall the church retained a surplus due to a larger unexpected gift towards the end of the year.
Minimal restricted funds remain for Homeless Work and Training.
## **Reserves**
The current reserves of the charity stand at £70,597 of which £69,464 resides in unrestricted funds as detailed in note 5 to the financial statements. It is the policy of the charity to retain at least £13,000 in unrestricted reserves. This is considered sufficient to cover any essential expenditure for the period of 3 months.
Reserves have increased but it is the plan of trustees to continue to save funds to enable the charity to work out of its own facility which will provide a better base to grow the churches activities from. Additionally, the employment of a community/young peoples worker is being considered which would reduced these funds.
## **Review of Activities**
The Church held weekly meetings on Sundays (afternoons initially and then mornings) and regular Wednesday evening gatherings.
In September 2022, the church moved into Stone Primary school. As a church, we’ve sought to build relationships with the school. One of the pastors has visited within school hours so the church can be part of the school’s morning worship, to get to know the staff and the workings of the school. Meetings has been established with the head mistress to further work together. Activities involving the children was organised by the church to continue to strengthen working together.
The prayer life of the church continues to be of high importance, and this was incorporated every Wednesday fortnightly. Additional meetings within the servant group to pray and plan take place monthly.
All such regular church meetings are held with the ultimate view of building relationships, teaching and sharing the good news of Jesus and encouraging people along their faith journey.
## **Pastoral Support & Community**
We continue to support those within our church and local community pastorally. Our main focus of support for this year has been:
- supporting the community via the school
- Wednesday meetings taken place through out the locality by moving around in different homes
- Looking currently with the trustees to be involved with a particular charity to support financially
- • Summer 2023 to create opportunities to meet new people via small groups
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## **GATEWAY CHURCH DARTFORD LTD (COMPANY LIMITED BY GUARANTEE) DIRECTORS' REPORT (Continued) FOR THE YEAR ENDED 31ST DECEMBER 2022**
## **Organisational Structure**
The charity has a committee of trustees, elected and serving as set out in the Declaration of Trust. These trustees are responsible for all financial decisions and controls. Decisions involving new spending in excess of £300 are made at meeting of the trustees by a majority vote.
The Senior Pastors are able to authorise expenditure under £300.
Pastorally the church has two senior pastors who are responsible for the running and direction of the church. In addition a “core team” and a “servant group” helped in the running and co-ordinating of various smaller groups and activities alongside several other volunteers.
## **Connected Organisations**
The church is a member of the Evangelical Alliance and part of the Assemblies of God Great Britain.
## **Internal Controls**
The charity exercises what are considered by the trustees adequate internal controls over all financial transactions, in proportion to it size and volume of transactions.
## **Risks**
The trustees have currently identified no major risks within the charity. The trustees keep these under review, and if any arose, suitable action would be taken, including the utilisation of professional advice if necessary.
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GATEWAY CHURCH DARTFORD LTD
(COMPANY LIMITED BY GUARANTEE)
DIRECTORS. REPORT (Contlnued)
FOR THE YEAR ENDED 31ST DECEMBER 2022
Olrectors. Responslbilltles
Statement of Directors, Re5ponsIbll{eS.'
The Charltles Act and the compan Act 2006 require the director5 to prepare financi41 statements each financial year whKh
give a true and falr vkw of the state of affalrs of the company as at the end er the financkal year and of the surplus or deficlt or
the charlty in aCCdance the requirernents of Sect$ 394 and 395 of the Companles Act 2006 and whlch otherwise
compty wlth Its requirements rdating to financial stateffjents, so far as applKable to the charitabk company. In preparing those
financyal statements the directors are required to
I select suitable accwnthg polIc$ and then app them crA7slstentty,'
bl make ludgemenrs and estirnates that are reasonable and prudent,.
cl prepare the finan¢k41 statements on the gdng concern bas unk5s r( ts inapprcprkte to presume that the c&pY
will centlnue In buslness.
él state whether applKabk coUntIng Standards and statements of recommended practke have fdbsved,
subject to any material departure5 di5tk)5ed and explained in the financi& StatnentS.
The Dlrectors are also responslble for maintaining adequate acC(nting retijrds which di5c105e with reasonable accuracy at any
tlme the financrol posli ion of the company and whKh are suffKient to show and expkin the cempanys transactx)ns and enab
them to ensu that the financial statements tornpty vlith Sections 386 and 387 of the Companie5 Act 2006 and cornpty wf(h
regulat5 rnade under the Charlcies Act. They are also responsib for safeguardin9 the assets of the ¢ompany and hence for
taking reasi)riabfe 5tÈps for the prevention 4nd detectiw of Fraud and other Irregularlties.
The Directors are also responsible for the DitorS, reptrt, and the responsibllity OF the Independent examiner In relatlon to the
Directors. report is limited to exarnining the report and ensurlng that on the face of the rep