ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024
GATEWAY CHURCH - DARTFORD
CHARITY REGISTRATION NO: 1148119
COMPANY REGISTRATION No: 08064671
Independent Examiners Ltd The Grain Store Hills Barns Appledram Lane South Chichester West Sussex PO20 7EG
GATEWAY CHURCH - DARTFORD
(A COMPANY LIMITED BY GUARANTEE)
CONTENTS
Page 3 Legal & Administrative Information Pages 4 to 6 Report of the Trustees Page 7 Independent Examiners Report on the Accounts Page 8 Statement of Financial Activities Page 9 Balance Sheet Pages 10 to 15 Notes to the Financial Statements
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GATEWAY CHURCH - DARTFORD
(A COMPANY LIMITED BY GUARANTEE)
LEGAL AND ADMINISTRATIVE INFORMATION
CHARITY NUMBER 1148119 COMPANY REGISTRATION NUMBER 8064671 START OF FINANCIAL YEAR 1st January 2024 END OF FINANCIAL YEAR 31st December 2024 TRUSTEES AT 31ST DECEMBER 2024 Carol Adjai-Mensah Oluwaseun Salau (Appointed 25.11.2024) Jasmine Farrell Beverley Veerasawmy GOVERNING DOCUMENT MEMORANDUM AND ARTICLES incorporated on 10 May 2012 as amended on 16 Nov 2018 as amended on 18 Jun 2021
OBJECTS A)TO ADVANCE THE CHRISTIAN FAITH IN ACCORDANCE WITH THE STATEMENT OF BELIEFS 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 TRUSTEES 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 TRUSTEES 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 OR 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 MAY 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.
REGISTERED ADDRESS
Gateway Church - Dartford Cobden House 43 Spital Street Dartford Kent DA1 2DR
PRIMARY BANKERS CAF Bank 25 Kings Hill Avenue Kings Hill West Mailing Kent ME19 4JQ
INDEPENDENT EXAMINER
Lomax Pavey Independent Examiners Ltd The Grain Store Hills Barns Appledram Lane South Chichester West Sussex PO20 7EG
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GATEWAY CHURCH - DARTFORD
(A COMPANY LIMITED BY GUARANTEE)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2024
The Directors present their report for the period ended 31 December 2024 together with the financial statements for the period then ended.
Objects
The objects of the charity are 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 from St Mary’s Primary School in Stone.
Expenditure was similar to last year but income increased so that the charity had a small surplus.
Minimal restricted funds remain for Homeless Work and Training.
Reserves
The current reserves of the charity stand at £69,931 of which £69,342 resides in unrestricted funds as detailed in Note 12 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 are still much higher than this. However, the church has recently acquired usage of a large facility in Gravesend which can be used seven days a week. The church will be moving to this property in September 2025. This new facility will allow the charity to carry out more activities in line with its aims and objectives. Additionally, the employment of a community/young people’s worker is being considered. In light of these plans, it is expected that expenditures will be higher resulting in the reserves being reduced in 2026 and thereafter accordingly.
Review of Activities
The Church held weekly meetings on Sunday mornings and regular Wednesday evening gatherings.
From September 2022 when the Church moved to Stone and St Mary School, the Church in 2024 continued to strengthen relationship with the school and to a wider extent the local community. One of the Pastors met with the headteacher of the school to discuss ways to strengthen the relationship between the church and the school, serving the children and their families accordingly. One way that was done was through an initiative called ‘Love in a box’ whereby the school’s family liaison officer would take a box of gifts donated by the church for a family in need. Activities such as colouring competitions were also carried out between the Church and the school.
The prayer life of the church continues to be of high importance, and this was incorporated every Wednesday fortnightly. Discipleship training, Baptisms, Safeguarding training facilitated by Thirtyoneeight, other ministerial areas of training and worship events were also carried out. Pastoral care remains an integral aspect of the church’s ethos and is provided by the two Senior Pastors. 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:
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Supporting the community via the school
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Wednesday meetings taking place throughout the locality in different homes
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Ongoing discussions held by the trustees with regards to finding a suitable charity to support financially
-
Discipleship
-
Ongoing Christian teaching
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GATEWAY CHURCH - DARTFORD
(A COMPANY LIMITED BY GUARANTEE)
REPORT OF THE TRUSTEES (continued) FOR THE YEAR ENDED 31ST DECEMBER 2024
Organisational Structure
The charity has a committee of trustees, elected and serving as set out in the Memorandum and Articles of Association. 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 “servant group” helps 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.
Risk Assessment
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.
Public Benefit
The Trustees confirm that they have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the Charity’s aims and objectives and in planning future activities.
Going Concern
After making appropriate enquiries, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
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GATEWAY CHURCH - DARTFORD
(A COMPANY LIMITED BY GUARANTEE)
REPORT OF THE TRUSTEES (continued) FOR THE YEAR ENDED 31ST DECEMBER 2024
STATEMENT OF TRUSTEES' RESPONSIBILITIES
The Charities Act and the Companies Act require the Board of Trustees to prepare financial statements for each financial year which gives a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to :-
-
Select suitable accounting policies and then apply them consistently;
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Make judgements and estimates that are reasonable and prudent;
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Prepare financial statements on a ongoing concern basis unless it is inappropriate to presume that the company will continue in business;
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State whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements.
The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity’s transactions and enable them to ensure that the financial statements comply with the Companies Act 2006 and comply with regulations made under the Charities Act. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are also responsible for the contents of the Report of the Trustees and the responsibility of the independent examiner in relation to the trustees’ report is limited to examining the report and ensuring that, on the face of the report, there are no inconsistencies with the figures disclosed in the financial statements.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
I approve the attached statement of financial activities and balance sheet for the period ended 31st December 2024 and confirm that I have made available all information necessary for its preparation.
Approved by the Trustees on the …… 22/09/2025 ………………………………………………………………………………………………………………
Signed on their behalf by ……… Carol Adjai-Mensah ………………………………………………………………………………………………………
Signature:
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GATEWAY CHURCH - DARTFORD
(A COMPANY LIMITED BY GUARANTEE)
INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS
I report to the trustees/members of Gateway Church - Dartford on my examination of the accounts of the Company for the year ended 31st December 2024.
RESPONSIBILITIES AND BASIS OF REPORT
As the charity’s trustees of the Company (who are also the directors of the company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).
Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act”). In carrying out my examination, I have followed the Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act).
INDEPENDENT EXAMINER'S STATEMENT
I have completed my examination. I confirm that no material matters have come to my attention which gives me cause to believe that:
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accounting records were not kept in accordance with section 386 of the Companies Act 2006; or
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the accounts do not accord with such records; or
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the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 other than any requirement that
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the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination; or
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the accounts have not been prepared in accordance with the Charities SORP (FRS102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
.................................................................................
Lomax Pavey Independent Examiners Ltd The Grain Store
Hills Barns Appledram Lane South Chichester West Sussex PO20 7EG
22nd September 2025
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GATEWAY CHURCH - DARTFORD
(A COMPANY LIMITED BY GUARANTEE)
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2024
| Notes INCOME Donations & Legacies 3a Charitable Activities 3b TOTAL INCOME EXPENDITURE Charitable Activities 4a TOTAL EXPENDITURE NET INCOME/(EXPENDITURE) Funds brought forward Transfers between funds 6 TOTAL FUNDS CARRIED FORWARD |
Unrestricted Restricted Designated TOTAL TOTAL Funds Funds Funds 2024 2023 £ £ £ £ £ 39,920 - - 39,920 31,588 133 - - 133 52 |
|---|---|
| 40,053 - - 40,053 31,640 |
|
| 36,158 - - 36,158 36,201 |
|
| 36,158 - - 36,158 36,201 |
|
| 3,895 - - 3,895 (4,562) 52,047 589 13,400 66,036 70,597 (3,600) - 3,600 - - |
|
| 52,342 589 17,000 69,931 66,035 |
Movements on all reserves and all recognised gains and losses are shown above. All of the organisation's operations are classed as continuing.
The notes on pages 10 to 15 form part of these financial statements.
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GATEWAY CHURCH - DARTFORD
(A COMPANY LIMITED BY GUARANTEE)
BALANCE SHEET AS AT 31ST DECEMBER 2024
| Note Fixed assets Tangible assets 2 Current assets Debtors and Prepayments 7 Cash at bank and in Hand 8 Total current assets Creditors: 9 NET CURRENT ASSETS TOTAL ASSETSless current liabilities Creditors:amounts falling due in more than one year 10 NET ASSETS Funds of the charity General funds Designated Funds 6 Restricted funds 5 TOTAL FUNDS |
Unrestricted Restricted 31-Dec-24 31-Dec-23 Funds Funds Total Total £ £ £ £ 3,860 - 3,860 2,886 432 - 432 3,354 68,148 589 68,737 63,260 |
|---|---|
| 68,580 589 69,169 66,615 |
|
| 3,098 - 3,098 3,465 65,482 589 66,071 63,150 |
|
| 69,343 589 69,932 66,036 - - - - |
|
| 69,343 589 69,932 66,036 |
|
| 52,342 - 52,342 52,047 17,000 - 17,000 589 - 589 589 13,400 |
|
| 69,342 589 69,931 66,036 |
For the financial year ending 31 December 2024 the Charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The members have not required the Charity to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006; and
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the Trustees on the …… 22/09/2025 ……………………………………………………………………………………………………………
Signed on their behalf by ……… Carol Adjai-Mensah ……………………………………………………………………………………………………
Signature:
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GATEWAY CHURCH - DARTFORD
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024
1. ACCOUNTING POLICIES
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Basis of preparation:
The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2015) - (Charities SORP - FRS102) and the Charities Act 2022.
The Charity meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost unless otherwise stated in the relevant accounting policy notes.
Assessment of Going Concern
Preparation of the accounts is on a going concern basis. The trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern.
Income
Recognition of Income
These are included in the Statement of Financial Activities (SOFA) when:
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the charity becomes entitled to the resources;
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it is more likely than not that the resources will be received; and
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the monetary value can be measured with sufficient reliability.
Income with Related Expenditure
Where income has a related expenditure (as with fundraising or contract income) the income and related expenditure are reported gross in the SOFA.
Grants and Donations
Grants and Donations are only included in the SOFA when the charity has unconditional entitlement to the resources.
Tax Reclaims on Donations and Gifts
Income from tax reclaims are included in the SOFA in the same financial period as the gift to which they relate.
Contractual Income and Performance Related Grants
This is only included in the SOFA once the related goods or services have been delivered.
Gifts in Kind
Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SOFA as incoming resources when receivable.
Volunteer Help
The value of any voluntary help received is not included in the accounts but is described in the Trustees' annual report.
Donated Services and Facilities
These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received.
Investment Income
This is included in the accounts when receivable.
Investment Gains and Losses
This included any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.
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GATEWAY CHURCH - DARTFORD
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2024
1. ACCOUNTING POLICIES (continued)
Expenditure
Governance Costs
Include costs of the preparation and examination of statutory accounts, the costs of the Trustees' meetings and cost of any legal advice to trustees on governance or constitutional matters.
Grants with Performance conditions
Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SOFA once the recipient of the grant has provided the specified service or output.
Grants payable without Performance Conditions
These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to a grant which remain in control of the charity.
Investments
Investments quoted on a recognised stock exchange are valued at market value at the year end. Other investment assets are included at trustees' best estimate of market value.
Pensions
Pension contributions are charged to the Statement of Financial Activities as they become payable.
Assets and Liabilities
Fixed Assets
Fixed Assets are capitalised if they can be used for more than one year and cost at least £1,500. They are valued at cost or, if gifted, at the value to the charity on receipt.
Depreciation is calculated at a rate to write off the cost of tangible fixed assets on a reducing balance over their estimated useful lives charged to the SOFA. The rates applied per annum are as follows:
| Computer Equipment | 20% |
|---|---|
| Office Equipment | 20% |
| Church Equipment | 20% |
| PA & Musical Equipment | 20% |
Liability Recognition
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
There has been no change to the accounting polices (Variation rules and methods of accounting) since last year.
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GATEWAY CHURCH - DARTFORD
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2024
2. TANGIBLE FIXED ASSETS
| Note Cost 01-Jan-24 Additions Cost at 31-Dec-24 Depreciation 01-Jan-24 Charge Depreciation at 31-Dec-24 Net Book Value 31-Dec-24 Net Book Value 31-Dec-23 |
Total £ £ £ £ £ 9,387 175 4,713 7,837 22,112 1,439 - - 1,040 2,479 Computer Equipment Computer Software Church Equipment PA & Musical Equipment Unrestricted Funds |
|---|---|
| 10,826 175 4,713 8,877 24,591 |
|
| 8,005 175 4,605 6,442 19,227 564 - 108 832 1,504 |
|
| 8,570 175 4,713 7,274 20,731 |
|
| 2,256 - - 1,603 3,860 |
|
| 1,382 - 108 1,396 2,886 |
The annual commitments under non-cancelling operating leases and capital commitments are as follows:
31-Dec-24 None 31-Dec-23 None
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GATEWAY CHURCH - DARTFORD
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2024
| 3. INCOME Notes a) Donations & Legacies Gifts & Donations Other Church Collections Gift Aid Received b) Investment Income Bank Interest 4. EXPENDITURE Notes Charitable Activities Administrative & Office Expenses Children's Work Cleaning Costs Depreciation Expense Equipment Costs Gifts & Donations Grants License & Subscriptions Outreach Costs Pastor's Expenses Rent & Rates Salaries & Pension Costs 11 Sundry Expenses Telephone Costs Training Costs DBS Checks Travel & Hospitality Visiting speaker fee Website Resources Youth Work Love in a Box Insurance Independent Examiner's Fees Bank charges Legal & professional fees Advertising and Publicity |
Unrestricted Restricted TOTAL TOTAL Funds Funds 2024 2023 £ £ £ £ 30,575 - 30,575 25,714 3,037 - 3,037 136 6,308 - 6,308 5,738 |
|---|---|
| 39,920 - 39,920 31,588 |
|
| 133 - 133 52 |
|
| 133 - 133 52 |
|
| Unrestricted Restricted TOTAL TOTAL Funds Funds 2024 2023 £ £ £ £ 344 - 344 1,160 362 - 362 - 0 - 0 46 1,504 - 1,504 745 203 - 203 584 180 - 180 304 100 - 100 - - - - 948 450 - 450 554 1,485 - 1,485 1,073 5,640 - 5,640 5,620 19,178 - 19,178 18,109 76 - 76 405 82 - 82 77 2,473 - 2,473 1,692 158 - 158 - 147 - 147 637 740 - 740 500 1,407 - 1,407 575 448 - 448 - 172 - 172 570 (380) - (380) 835 506 - 506 646 810 - 810 750 74 - 74 105 - - - 244 - - - 24 |
|
| 36,158 - 36,158 36,201 |
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GATEWAY CHURCH - DARTFORD
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2024
5. RESTRICTED FUNDS
| Homeless Support Training Fund Homeless Support Training Fund 6. DESIGNATED FUNDS Designated Funds Designated Funds |
Balance Balance 01-Jan-24 Income Expenditure Transfer 31-Dec-24 £ £ £ £ £ - - - - - 589 - - - 589 THIS YEAR |
|---|---|
| 589 - - - 589 |
|
| Balance Balance 01-Jan-23 Income Expenditure Transfer 31-Dec-23 £ £ £ £ £ 544 - (544) - - 589 - - - 589 LAST YEAR |
|
| 1,133 - (544) - 589 |
|
| Balance Balance 01-Jan-24 Income Expenditure Transfer 31-Dec-24 £ £ £ £ £ 13,400 - - 3,600 17,000 THIS YEAR |
|
| 13,400 - - 3,600 17,000 |
|
| Balance Balance 01-Jan-23 Income Expenditure Transfer 31-Dec-23 £ £ £ £ £ 9,800 - - 3,600 13,400 LAST YEAR |
|
| 9,800 - - 3,600 13,400 |
| 7. DEBTORS AND PREPAYMENTS Sundry Accounts Receivable Gift Aid Tax Recoverable 8. CASH AT BANK AND IN HAND Caf Bank A/c |
Unrestricted Restricted Total Total Fund Fund 31-Dec-24 31-Dec-23 £ £ £ £ - - - 454 432 - 432 2,901 |
|---|---|
| 432 - 432 3,354 |
|
| Unrestricted Restricted Total Total Fund Fund 31-Dec-24 31-Dec-23 £ £ £ £ 68,737 - 68,737 63,260 |
|
| 68,737 - 68,737 63,260 |
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GATEWAY CHURCH - DARTFORD
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2024
9. CREDITORS AND ACCRUALS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Sundry Creditors Independent Examiners Fee |
Unrestricted Restricted Total Total Fund Fund 31-Dec-24 31-Dec-23 £ £ £ £ 2,288 - 2,288 2,715 810 - 810 750 |
|---|---|
| 3,098 - 3,098 3,465 |
10. CREDITORS AND ACCRUALS: AMOUNTS FALLING DUE IN MORE THAN ONE YEAR
There were no Creditors or Accruals falling due in more than one year at the end of this financial year (2023: £Nil).
11. STAFF COSTS
| 11. STAFF COSTS | |
|---|---|
| Gross Wages and Salaries Employer's National Insurance Costs Pension Contributions |
TOTAL TOTAL 2024 2023 17,756 16,768 - - 1,422 1,341 |
| 19,178 18,109 |
The Charity operates a PAYE scheme to pay all employed members of staff and no employees received emoluments in excess of £60,000. (2023 - None)
The average number of employees during the year was: 2 (2023 - 2)
12. CAPITAL AND RESERVES
The Company is Limited by Guarantee (08064671) and it is a charity registered with the Charity Commission (1148119).
It does not have a Share capital and has no income subject to Corporation Tax.
| Profit / Deficit for the financial year Other Recognised Gains Balance Brought Forward Closing Funds at 31-Dec-24 |
2024 2023 3,895 (4,561) - - |
|---|---|
| 3,895(4,561) | |
| 66,036 70,597 | |
| 69,931 66,036 |
13. TRUSTEES AND OTHER RELATED PARTIES
All employees are connected parties. Christopher Veerasawmy is a trustee and received £11,123 during the year (£9,772 2023) and Beverley Veerasawmy, his wife, received £8,256 during the year (£7,046 2023).
No other payments were made to trustees or any persons connected with them during this financial period. No material transaction took place between the organisation and a trustee or any person connected with them. (2023 - None)
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