Charity number: 1160296
Fountain Gate Chapel (Harlow)
Report of the Trustees and Unaudited Financial Statements
For the year ended 28 February 2025
Fountain Gate Chapel (Harlow) Contents Page For the year ended 28 February 2025
| Report of the Trustees | 1 |
|---|---|
| Independent Examiner's Report to the Trustees | 2 |
| Statement of Financial Activities | 3 |
| Statement of Financial Position | 4 |
| Notes to the Financial Statements | 5 to 8 |
| Detailed Statement of Financial Activities | 9 to 10 |
Fountain Gate Chapel (Harlow) Report of the Trustees For the year ended 28 February 2025
The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 28 February 2025. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
REFERENCE AND ADMINISTRATIVE INFORMATION
Name of Charity Fountain Gate Chapel (Harlow) Charity registration number 1160296 Principal address 20 Orchard Croft Harlow Essex CM20 3BB
Trustees
The trustees and officers serving during the year and since the year end were as follows:
Mr George Wangboje Mr Makafue Doe Mrs Angela Diana Bediako Independent examiners Marc Three Accountants 125 Sunnymead Avenue Gillingham Kent ME7 2EB
Approved by the Board of Trustees and signed on its behalf by
............................................................................. 02 December 2025 Mrs Angela Diana Bediako
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Fountain Gate Chapel (Harlow) Independent Examiners Report to the Trustees For the year ended 28 February 2025
I report to the trustees on my examination of the accounts of the charity for the year ended 28 February 2025.
Responsibilities and basis of report
As the charity trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiners statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination.
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.
Marc Three Accountancy Chartered Certified Accountants Marc Three Accountants 125 Sunnymead Avenue Gillingham Kent ME7 2EB
01 July 2025
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Fountain Gate Chapel (Harlow) Statement of Financial Activities For the year ended 28 February 2025
| Income and endowments from: Notes Donations and legacies 2 Total Expenditure on: Raising funds 3 Charitable activities 4/5 Total Net income Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted funds £ 147,547 147,547 (74,283) (9,332) (83,615) 63,932 62,141 126,073 |
2024 £ 100,095 |
|---|---|---|
| 100,095 | ||
| (81,092) (13,946) |
||
| (95,038) | ||
| 5,057 57,084 |
||
| 62,141 |
3 of 10
Fountain Gate Chapel (Harlow) Statement of Financial Position As at 28 February 2025
| Notes | 2025 | 2024 | |
|---|---|---|---|
| £ | £ | ||
| Fixed assets | |||
| Tangible assets | 10 | 24,768 | 7,466 |
| 24,768 | 7,466 | ||
| Current assets | |||
| Debtors | 18,700 | - | |
| Cash at bank and in hand | 82,605 | 54,675 | |
| 101,305 | 54,675 | ||
| Net current assets | 101,305 | 54,675 | |
| Total assets less current liabilities | 126,073 | 62,141 | |
| Net assets | 126,073 | 62,141 | |
| The funds of the charity | |||
| Unrestricted income funds | 11 | 126,073 | 62,141 |
| Total funds | 126,073 | 62,141 |
The financial statements were approved and authorised for issue by the Board and signed on its behalf by:
Mrs Angela Diana Bediako Trustee
02 December 2025
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Fountain Gate Chapel (Harlow) Notes to the Financial Statements For the year ended 28 February 2025
1. Accounting Policies
Basis of accounting
The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Charities Act 2011.
Fountain Gate Chapel (Harlow) meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
2. Income from donations and legacies
| Unrestricted funds Donations received xpenditure on generating donations and legacies Unrestricted funds Donations Support costs osts of charitable activities by fund type Unrestricted funds Outreach Support costs osts of charitable activities by activity type Activities undertaken directly Outreach |
2025 £ 147,547 147,547 2025 £ 13,659 60,624 74,283 2025 £ 8,882 450 9,332 2025 £ 9,332 |
2024 £ 100,095 |
|---|---|---|
| 100,095 | ||
| 2024 £ 16,000 65,092 |
||
| 81,092 | ||
| 2024 £ 13,120 826 |
||
| 13,946 | ||
| 2024 £ 13,946 |
3. Expenditure on generating donations and legacies
4. Costs of charitable activities by fund type
5. Costs of charitable activities by activity type
5 of 10
Fountain Gate Chapel (Harlow) Notes to the Financial Statements Continued For the year ended 28 February 2025
6. Analysis of support costs
| Voluntary Income Management Rent Pastorial & Missionary Activities Refreshment Repairs & Renewals Utilities Youth Department Expenses Children Ministries IT/Office Equipments Governance costs et income/(expenditure) for the year This is stated after charging/(crediting): Depreciation of owned fixed assets Accountancy fees articulars of employees Staff |
2025 £ 3,698 15,500 6,876 3,660 910 5,700 2,590 2,320 3,290 16,530 61,074 2025 £ 3,698 400 2025 0 0 |
2024 £ 355 15,500 5,181 3,366 2,036 3,703 6,488 26 5,649 23,614 |
|---|---|---|
| 65,918 | ||
| 2024 £ - 400 |
||
| 2024 0 0 |
7. Net income/(expenditure) for the year
8. Particulars of employees
9. Comparative for the Statement of Financial Activities
The comparative year values on the Statement of Financial Activites are for unrestricted funds.
6 of 10
Fountain Gate Chapel (Harlow) Notes to the Financial Statements Continued For the year ended 28 February 2025
10. Tangible fixed assets
| Cost or valuation At 01 March 2024 Additions At 28 February 2025 Depreciation At 01 March 2024 Charge for year At 28 February 2025 Net book values At 28 February 2025 At 29 February 2024 Movement in funds Unrestricted Funds General General Unrestricted Funds - Previous year General General |
Balance at 01/03/2024 £ 62,141 62,141 Balance at 01/03/2023 £ 57,084 57,084 |
Fixtures and Fittings £ 3,070 - 3,070 1,000 1,000 2,000 1,070 2,070 Incoming resources £ 147,547 147,547 Incoming resources £ 100,095 100,095 |
Computer Equipment £ - 29,094 29,094 2,698 2,698 5,396 23,698 (2,698) Outgoing resources £ (83,615) (83,615) Outgoing resources £ (95,038) (95,038) |
Total £ 3,070 29,094 |
|---|---|---|---|---|
| 32,164 | ||||
| 3,698 3,698 |
||||
| 7,396 | ||||
| 24,768 | ||||
| (628) | ||||
| Balance at 28/02/2025 £ 126,073 |
||||
| 126,073 | ||||
| Balance at 28/02/2024 £ 62,141 |
||||
| 62,141 |
11. Movement in funds
7 of 10
Fountain Gate Chapel (Harlow) Notes to the Financial Statements Continued For the year ended 28 February 2025
Purpose of unrestricted Funds
General
To advance the Christian faith (in accordance with the statement of beliefs) in such ways as the trustees shall think fit, including:
-
The provision of facilities for prayer and religious services including pastoral care and counselling;
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The relief of sickness and financial hardship and the promotion and preservation of good health
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The advancement of education and the promotion of a healthy and peaceful community
12. Analysis of net assets between funds
| Tangible | Net current | Net Assets | |
|---|---|---|---|
| fixed assets | assets / | ||
| (liabilities) | |||
| £ | £ | £ | |
| Unrestricted funds | |||
| General | |||
| General | 24,768 | 101,305 | 126,073 |
| 24,768 | 101,305 | 126,073 | |
| Previous year | |||
| Tangible | Net current | Net Assets | |
| fixed assets | assets / | ||
| (liabilities) | |||
| £ | £ | £ | |
| Unrestricted funds | |||
| General | |||
| General | 7,466 | 54,675 | 62,141 |
| 7,466 | 54,675 | 62,141 |
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Fountain Gate Chapel (Harlow) Detailed Statement of Financial Activities For the year ended 28 February 2025
| INCOME AND ENDOWMENT Donations and legacies Donations Total incoming resources EXPENDITURE Raising donations and legacies Donations Charitable activities Cost of direct charitable activity SUPPORT COSTS Management Management Rent Rent Pastorial & Missionary Activities Pastorial & Missionary Activities Refreshment Refreshment Repairs & Renewals Repairs & Renewals Utilities Utilities Youth Department Expenses Youth Department Expenses Children Ministries Children Ministries IT/Office Equipments IT/Office Equipments |
2025 £ 147,547 147,547 147,547 (13,659) (13,659) (8,882) (8,882) (3,698) (3,698) (15,500) (15,500) (6,876) (6,876) (3,660) (3,660) (910) (910) (5,700) (5,700) (2,590) (2,590) (2,320) (2,320) (3,290) (3,290) |
2024 £ 100,095 |
|---|---|---|
| 100,095 | ||
| 100,095 (16,000) |
||
| (16,000) (13,120) |
||
| (13,120) (355) |
||
| (355) (15,500) |
||
| (15,500) (5,181) |
||
| (5,181) (3,366) |
||
| (3,366) (2,036) |
||
| (2,036) (3,703) |
||
| (3,703) (6,488) |
||
| (6,488) (26) |
||
| (26) (5,649) |
||
| (5,649) |
Governance costs
9 of 10 This page does not form part of the statutory financial statements
Fountain Gate Chapel (Harlow)
Detailed Statement of Financial Activities Continued For the year ended 28 February 2025
| Governance costs | (16,080) | (22,788) |
|---|---|---|
| Governance costs | (450) | (826) |
| (16,530) | (23,614) | |
| Total resources expended | (83,615) | (95,038) |
| Net Income | 63,932 | 5,057 |
10 of 10 This page does not form part of the statutory financial statements