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 1 of 10 ## 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: 1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or 2. the accounts do not accord with those records; or 3. 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 2 of 10 ## 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 4 of 10 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: 1. The provision of facilities for prayer and religious services including pastoral care and counselling; 2. The relief of sickness and financial hardship and the promotion and preservation of good health 3. 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**| 8 of 10 ## 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