REGISTERED CHARITY NUMBER: 1161061
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020
FOR
GATEWAY CHURCH MERTHYR TYDFIL
Baker Knoyle Chartered Accountants Orbit Business Centre Merthyr Tydfil CF48 1DL
GATEWAY CHURCH MERTHYR TYDFIL
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 4 |
| Independent Examiner's Report | 5 | ||
| Statement of Financial Activities | 6 | ||
| Balance Sheet | 7 | ||
| Notes to the Financial Statements | 8 | to | 12 |
| Detailed Statement of Financial Activities | 13 |
GATEWAY CHURCH MERTHYR TYDFIL
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020
The trustees present their report with the financial statements of the charity for the year ended 31 December 2020. 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 Republic of Ireland (FRS 102) (effective 1 January 2019).
Gateway Church Merthyr Tydfil gained charitable status on the 25th March 2015. Previously the organisation carried out its activities as an organisation known as St. Luke's Church Merthyr Tydfil.
OBJECTIVES AND ACTIVITIES
Objectives and aims
To Advance the Christian faith for the benefit of all, promoting God's love for all, Christ's salvation for all who believe, and the Holy Spirit's enabling power. To reach out into local communities with the message of God's love in accordance with Christian Principles. To provide help, assistance, guidance and friendship freely to all regardless of their beliefs, within the community in which we serve God.
COVID 19 Impact
Our church services ceased to be held by meeting together on Sunday mornings from February 2020 due to the increasing threat of COVID 19. This decision was taken because our meetings took place up to then in a public use building, coupled with the fact that we have several vulnerable members, schoolteachers, and medical workers as regular congregation members. We did not resume normal meetings for the remainder of 2020. The financial impact has been minimal as we do not have to pay rental for the use of the building we were using, but we do not make the Sunday meeting collections of small donations that added to our finances.
Church Operations 2020
From Mid-March 2020 the church began broadcasting reduced Sunday services via Facebook Live. The mid-week meetings: prayer groups, bible study group, leadership meetings, began to be held via Zoom on-line. This gave us an opportunity to engage with a wider group of people who were casually tuning in to our Sunday meetings. We also took the opportunity to introduce Reflect on Tuesday evenings via Facebook Live and Discover meetings on Thursday evenings via Zoom. We have engaged with numerous people who did not attend physical meetings from Switzerland to Northern Ireland and within Wales and England.
We have been blessed by the many new members who have joined us and sadly we miss the one member we lost in March 2020, Carol Stone.
There is no pressure on anyone to return, to join or to donate money.
Our Pastor continues to be a leading member of New Wine Cymru, a group of evangelical churches that work to spread God's word in Wales. All meetings have taken place on-line.
Members of our church have had limited opportunities to teach and preach at other churches upon request. Our Pastor, Paul Knowlson continues to conduct funerals upon request. There have been no weddings.
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GATEWAY CHURCH MERTHYR TYDFIL
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020
OBJECTIVES AND ACTIVITIES
Significant activities
We are a Christian church that promotes Christian beliefs as a way of life. As Christians we believe that it is our mandate to show Christ's love to all people regardless of how they live or what they believe. Our hope is that people will see the love and peace and will be interested in finding out more about God. We are a group of ordinary people who love above all else, and believe wholeheartedly in, God the Father, God the Son Jesus, and God the Holy Spirit.
Our organisation is beneficial to the public by offering a spiritual dimension to life. We believe that the wholeness of the person is incomplete without knowing about God, His Son, His Holy Spirit and his unending love. We offer people Christ's love through praying, helping others, and generally showing love and kindness to all people regardless of their beliefs, background or circumstances. We provide support in non-financial ways by signposting people to other charities or official bodies who can provide more expert or financial help. We teach people, who want to know, about our biblically based faith and give them the knowledge about God so that they may experience God's love for themselves.
Prior to COVID 19, we operated in the way described below; we hope at some point in the future to be able to resume normal operations.
We have volunteers who help run the activities of the church. Our church volunteers work alongside our trustees in all church activities, including worship leading and practice; hospitality for church events and regular Sunday morning church; going into houses of people identified as needing basic home skills; conducting school assemblies; hosting in their homes leadership group meetings and focus groups; bible study classes and faith application groups; Sunday children's work; sound-desk operation and recording;
Our church continues to be funded by members voluntary contributions. However due to Covid 19 we have not made normal Sunday collections.
Our Apostolic Oversight from Caleb ministries continues successfully, however on a remote basis. Due to financial reasons, we have taken the decision not to continue to employ a Pastor on a full-time basis. Pastor Paul Knowlson continues to provide Pastoral Oversight.
Public benefit
We have complied with the duty in section 17 of the 2011 Charities Act to have due regard to guidance published by the Commission in respect of our duty to provide public benefit.
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GATEWAY CHURCH MERTHYR TYDFIL
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020
ACHIEVEMENT AND PERFORMANCE
Charitable activities
Our Facebook Live sessions on both Sundays and Tuesday Reflect sessions have continued to attract a wider audience. There have been sessions that have been viewed more than 200 times.
Our Thursday Discover sessions on Zoom engage with members of other churches and people who do not belong to any church. We are making lasting friendships with several people who are unable or reluctant to attend other churches physically.
We have worked with less computer literate members to try to ensure they know how to engage with all on-line activities.
We regularly make telephone calls to members to ensure their well-being.
Meetings with the leadership team have resumed on Zoom in the later part of the year. The Trustees have also met on Zoom during 2020 however the opportunities have been limited.
We review:
-
How we function in relation to our finances
-
Our operating structure in line with available volunteers
-
Vision, Values and beliefs statements and putting them into action Our (corporate) identity and vision of who we are
Outreach, missional, and social activities during the year included:
-
All activities have been curtailed due to COVID 19.
-
Two members serve on the CALEB Steering Committee and Caleb Leadership team
-
The Pastor continues his role on the Regional Leadership team of New Wine Cymru.
Notable changes during the year:
COVID 19 Impact
All operating and normal church activities have been changed due to the pandemic. We continue to engage our Pastor to fulfil both the normal preaching role and to maintain pastoral contact with members of the church.
The year has been like no other and it's been a case of try it and see. We continue to review the situation and will make decisions based on the developments and government legislation within Wales.
FINANCIAL REVIEW
Principal funding sources
Our main source of funding comes from members giving in the form of tithes and offerings.
Reserves policy
The charity currently holds free reserves of £8,189 (2019: £3,520). The charity aims to increase this level in order to subsidise any excess expenditure over income and enable the continuance of the charitable objectives in forthcoming years.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
Gateway Church Merthyr Tydfil is an unincorporated charity with the charity number of 1161061. The charity is governed by their constitution.
Recruitment and appointment of new trustees
New Trustees must be interviewed by the current Board of Trustees, and if appointed are informed of their legal obligations under charity law, the decision making process and the business plan and recent financial performance of the charity. The charity aims to recruit people who can offer a range of skills for example personnel, training, finance etc.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
1161061
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GATEWAY CHURCH MERTHYR TYDFIL
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2020
Principal address
C/O Mrs P Lewis 7 Monmouth Drive Merthyr Tydfil CF48 1JA
Trustees
Mrs P Lewis Secretary/Chair R Lewis Treasurer H Langford Mrs D Langford
Independent Examiner
R.I. KNOYLE ACA Baker Knoyle Chartered Accountants Orbit Business Centre Merthyr Tydfil CF48 1DL
Advisers
Martin Allen - Apostolic Oversight
Approved by order of the board of trustees on 6 September 2021 and signed on its behalf by:
Mrs P Lewis - Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF GATEWAY CHURCH MERTHYR TYDFIL
Independent examiner's report to the trustees of Gateway Church Merthyr Tydfil
I report to the charity trustees on my examination of the accounts of Gateway Church Merthyr Tydfil (the Trust) for the year ended 31 December 2020.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material 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 Trust as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
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.
R.I. KNOYLE ACA Baker Knoyle Chartered Accountants Orbit Business Centre Merthyr Tydfil CF48 1DL
6 September 2021
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GATEWAY CHURCH MERTHYR TYDFIL
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020
| 2020 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 26,015 Other income 100 Total 26,115 EXPENDITURE ON Charitable activities 3 Religious activities 21,843 NET INCOME 4,272 RECONCILIATION OF FUNDS Total funds brought forward 3,917 TOTAL FUNDS CARRIED FORWARD 8,189 |
2019 Total funds £ 25,916 - |
|---|---|
| 25,916 25,519 |
|
| 397 3,520 |
|
| 3,917 |
The notes form part of these financial statements
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GATEWAY CHURCH MERTHYR TYDFIL
BALANCE SHEET
31 DECEMBER 2020
| 2020 | 2019 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| CURRENT ASSETS | |||
| Debtors | 9 | 464 | 377 |
| Cash at bank | 8,325 | 4,140 | |
| 8,789 | 4,517 | ||
| CREDITORS | |||
| Amounts falling due within one year | 10 | (600) | (600) |
| NET CURRENT ASSETS | 8,189 | 3,917 | |
| TOTAL ASSETS LESS CURRENT | |||
| LIABILITIES | 8,189 | 3,917 | |
| NET ASSETS | 8,189 | 3,917 | |
| FUNDS | 11 | ||
| Unrestricted funds | 8,189 | 3,917 | |
| TOTAL FUNDS | 8,189 | 3,917 |
The financial statements were approved by the Board of Trustees and authorised for issue on 6 September 2021 and were signed on its behalf by:
R Lewis - Trustee
The notes form part of these financial statements
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GATEWAY CHURCH MERTHYR TYDFIL
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared 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' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Financial reporting standard 102 - reduced disclosure exemptions
The charity has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
- the requirements of Section 7 Statement of Cash Flows.
Legal form
Gateway Church Merthyr Tydfil is an un-incorporated charity, registered in England & Wales,
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Gifts in Kind
Gifts in kind are included in the income and expenditure account where they are applied in carrying out charitable activities, where the charity would otherwise have to purchase the donated facility and the benefit is both quantifiable and material. The quantifiable benefit is shown as both incoming and expended resources within the appropriate funds. Where the gift is an asset it is treated as income and taken to stock or fixed assets as appropriate.
The value of services provided by volunteers is not quantified.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price.
continued...
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GATEWAY CHURCH MERTHYR TYDFIL
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020
1. ACCOUNTING POLICIES - continued
Going concern
The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist.
2. DONATIONS AND LEGACIES
| DONATIONS AND LEGACIES | ||
|---|---|---|
| Donations Gift aid |
2020 £ 21,026 4,989 26,015 |
2019 £ 20,408 5,508 |
| 25,916 |
3. CHARITABLE ACTIVITIES COSTS
| Religious activities SUPPORT COSTS Religious activities Support costs, included in the above, are as follows: Independent examiners fees and accountancy |
Support Direct costs (see Costs note 4) Totals £ £ £ 21,207 636 21,843 Governance costs £ 636 2020 2019 Religious Total activities activities £ £ 636 680 |
|---|---|
4. SUPPORT COSTS
5. TRUSTEES' REMUNERATION AND BENEFITS
Trustee remuneration for the year ended 31st December 2020 was £Nil.
During the period ended 31st December 2019, Mr Paul Knowlson, who was a Trustee of the charity, until his resignation in June 2019, received a salary of £10,716, together with pension payment of £1,776.This remuneration was for services as a Pastor. Mr Knowlson also ceased his employment with the charity in June 2019.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2020 nor for the year ended 31 December 2019.
continued...
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GATEWAY CHURCH MERTHYR TYDFIL
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020
6. STAFF COSTS
| STAFF COSTS | ||
|---|---|---|
| Wages and salaries Other pension costs The average monthly number of employees during the year was as follows: Pastor No employees received emoluments in excess of £60,000. |
2020 £ - - - 2020 - |
2019 £ 10,716 1,776 |
| 12,492 | ||
| 2019 1 |
The key management personnel of the charity are the trustees. The total employee benefits of the key personnel of the charity were £Nil (2019: £12,492).
7. GIFTS IN KIND
The value of volunteer time is not quantified in terms of money but the time contributed by volunteers is an invaluable resource in terms of the outstanding contribution made by them.
The number of hours contributed by volunteers in the year was 60 (2019: 2,080).
8. INDEPENDENT EXAMINERS REMUNERATION
9.
| Amounts payable to Independent examiners include: | 2020 | 2019 |
|---|---|---|
| £ | £ | |
| Independent examination | 636 | 624 |
| Other financial services | - | 56 |
| 636 | 680 | |
| DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other debtors |
2020 £ 464 |
2019 £ 377 |
continued...
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GATEWAY CHURCH MERTHYR TYDFIL
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020
10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| 2020 | 2019 | |||
|---|---|---|---|---|
| £ | £ | |||
| Other creditors | 600 | 600 | ||
| 11. | MOVEMENT IN FUNDS | |||
| Net | ||||
| movement | At | |||
| At 1/1/20 | in funds | 31/12/20 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 3,917 | 4,272 | 8,189 | |
| TOTAL FUNDS | 3,917 | 4,272 | 8,189 | |
| Net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 26,115 | (21,843) | 4,272 | |
| TOTAL FUNDS | 26,115 | (21,843) | 4,272 | |
| Comparatives for movement in funds | ||||
| Net | ||||
| movement | At | |||
| At 1/1/19 | in funds | 31/12/19 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 3,520 | 397 | 3,917 | |
| TOTAL FUNDS | 3,520 | 397 | 3,917 | |
| Comparative net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 25,916 | (25,519) | 397 | |
| TOTAL FUNDS | 25,916 | (25,519) | 397 |
continued...
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GATEWAY CHURCH MERTHYR TYDFIL
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020
11. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1/1/19 | in funds | 31/12/20 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 3,520 | 4,669 | 8,189 |
| TOTAL FUNDS | 3,520 | 4,669 | 8,189 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 52,031 | (47,362) | 4,669 |
| TOTAL FUNDS | 52,031 | (47,362) | 4,669 |
12. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2020.
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GATEWAY CHURCH MERTHYR TYDFIL
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020
| 2020 | 2019 | |
|---|---|---|
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 21,026 | 20,408 |
| Gift aid | 4,989 | 5,508 |
| 26,015 | 25,916 | |
| Other income | ||
| Sundry income | 100 | - |
| Total incoming resources | 26,115 | 25,916 |
| EXPENDITURE | ||
| Charitable activities | ||
| Wages | - | 10,716 |
| Pensions | - | 1,776 |
| Insurance | 293 | 290 |
| Sundries | 97 | 138 |
| Rent | 150 | 930 |
| Sundry equipment | 1,204 | 225 |
| Sundry supplies & housekeeping | 23 | 261 |
| Outreach/Mission expenses | 37 | 83 |
| Teaching and training expenses | 303 | 590 |
| Apostolic oversight | 600 | 600 |
| Gifts & Donations | 500 | 230 |
| Pastor fees | 18,000 | 9,000 |
| 21,207 | 24,839 | |
| Support costs | ||
| Governance costs | ||
| Independent examiners fees and accountancy | 636 | 680 |
| Total resources expended | 21,843 | 25,519 |
| Net income | 4,272 | 397 |
This page does not form part of the statutory financial statements
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