2024-12-31-accounts

REGISTERED CHARrrY IYUMBER: 1161061 REPORT OF T￿, TRUSTEES AND UNA ITED FINANCIAL STATEME FOR TH£1 YEAR ENDED 31 DECEMBER 2024 FOR GA TEWAY CHURCH MERTHYR TYDFIL Baker Knoyle Chart¢red Accountants Orbit Business Centre Merthyr Tydfil CF48 IDL

GATEWAY CHURCH MERTHYR TYDFIL CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBKR 2024 Page Report of the Trustees Independent Examlner's Report Statement of ffinanclil Activities Balance Sheet Notes to the FlnanciAI Statements 7 to 11 Detalled Statenjent of Financial Activitie$ 12

GATEWAY CHURCH MERTHYR TYDFIL RIPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DEI CEMBER 2024 The truste¢s present their report with the financial statements of the charity for the year ended 31 December 2024. The truste¢s bave adopted the provisions of Accounting and Reporting by Cbarities: Statement of Recommended Practic¢ applicable to ¢haTities preparing their accounts in accordan¢¢ with ttke Financial Reporting Standard applicable in the UK alld Republic of Ireland (FRS 102) (effective l January 2019). Gateway Church Merthyr Tydfil gained charit&ble status on the 25th March 20 15, Pr¢viously th¢ organisation caJied out its activities as an orgallisation known as St. Luke's Church Merthyr Tydfll. OBJECTIVES AND ACTIVITIES ObjeetAves and &ims To Advaiice the Christian faith for the benefit of all, promoting God's love for all, Christ'8 salvation for all who believ¢, and the Holy Spirit's ¢nablin8 power. To Teach out into local communities with the n]essage of God's love in accord￿Ce with Christian Prillciples. To provide help, assistance, guidance alld friuthhip freely to all regardless of their beliefs, withiti tbe con)munity in which wc s¢rve Go Church Operations During 2024, Gateway Church continued to meet together on Sundays in the Pastor's home, broadcastin£ live via Facebook Live. Prayer groups, bible study groups and discipleship courses also meet in the Pastor's house Coll￿1ned with a mollthly church daytin]e meeting in Trago for coffee and chat. Members, and visitors ar¢ invited to attend both weeHy and Sunday meetings, The Discover course has moved from tnonthly to for¢ni￿tlY courses. Bveryolle Connected to the church is invited to attend this series of lively discussioll and fact-fillthng 5es8ion hosted and led by church members on a rota basis. We eontillue with streamll)g tivi¢e-weekly reflections which are usually about l2 minutes long and hosted by the Pastor. Our Sunday services are still viewed by regular listeners fi'om around the world as well as around Merthyr and South Wales. This method of conducting church services continues to give u a platforEll upon which to engag¢ with a wider group of people who ￿lle in to our Sunday tne¢tings. The financial tmpact continues to be minimal as lack of casual collections ]Ms b¢¢n offset by llot baving to pay building rental. Leadership meetings generally take place in the Pastoi's house at least once a n￿llth. Our Pastoi continues to b¢ a leading member of New Wine CyALru, a group of evang¢lical churches that work to spread God's word ll) WaJ¢s. Our Pastor, Paul Knowlson continues to be available to conduct funerals, wedding blessings and blessings. Significant ictlvltles We are a Christian Church that promotes Christian beliefs as a way of lif¢. As Christians we believe thal it ig our niandate to show Christ's love to all people regardless of how th¢y live or what they believe. Our hope is that p¢ople will 8ee th¢ love and peace and will be interested in finding out more about God. W¢ are a group OF ordinary people who love above all else, and believ¢ wholeheart¢dly in, God the Father. God the Son Jesus, and God the Holy Spirit. Gateway Chur¢h is beiieficial to th¢ public by offering a spiritual dimension to life. We believ¢ that the wholeness of the person is incomplete without kniowing about God, His Son, His Holy Spirit and Hi8 unending love. We offer peopl¢ Christ's lovo through praying, helping others, and generally showing love and kindness to all people regardles8 of their beliefs, backgroulld or circumstances. We provide suppoi't in noii-financial ways by signposting people to other charities or official bodi¢s wbo can provide more expert or financial help. We teach p¢ople, wbo want to know, about our biblically based faith and give th¢m the knowledge about God so that they n￿Y experience God's love for themselves. We have occa8ion&lly made one-off hardship gift8. as well as one-off ministy gifts to other Christian groups, and a regular donation to the ministry of Rob DavA¢s for use in his n]inistry to children at Elim Church in Dowlais. Our church conttllues to be fund¢d solely by menth¢Th voluntary Contributions. We do not have Sunday collections or any other ad hoc Collection for th¢ church. Our Aposlolic Oversight from Caleb ministries contitLU¢8' Pastoral oversigbt by Pastor Paul Knowlson ¢ontinues regularly thrOu￿]DUt the year. Page I

GATEWAY CHURCH MERTHYR TYDFIL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 OBJEI CTIVES AND ACTIVITIES Public benefit We have complied wtth the duty in section 17 of the 2011 Charitie8 Act to hav¢ due regard to guidance published by the Cornmis5ion in respect of our duty to provide public b¢nefit, ACHIEVEMENTS AND PERFORMANCE Charitllble activities Our Facebook Live se58ions on both Sundays and Tuesday Refl¢¢t sessions have continued to attract a steady audience and the sessions hr4ve recently begun to b¢ broadcast on YouTube. OUT fortnightly Discover s¢ssions on Zoom engag¢ with members of our church and occasionally members of otbeT churches. Lead¢rship meetings lake place at least monthly and wider lead¢rship and Truste¢ meetings quarterly. W¢ r¢view: - How we thnctioll in relation to our finances Our operating strudure in line with available volunteers Vision, Values and beliefs staten]ents and putting them into action - Our (corporate) identity and vision of who we arc FL¥ANCIAL REVIEW Princlpal fundlng sources Ow. main source of fmiding ¢omes from members giving in the form of tithes attd offerillgs. Reserves poltcy The charity currently holds free regerv¢s of £22,468 (2023.. £20,261}. The charity aims to increase this level in order to subsidtse any excess expenditure over income and enabl¢ the Colltinuance of th¢ clwitable objectives ill forthcorning years. FUTURE PLANS The church continu¢s lo review operations artd the plan at present is to continue to operate a blended mix of home ¢hurch that is broadcast weekly, with one service per month offering & pre-recorded bible niessage. This ensures that w¢ continue to spr¢ad God's mcssage both with our fellowship and with friends we have made on-line. STRUCTU￿1, GOVERNANCE AND MANAGIMENT Governing document Gateway Church Mcrtbyr Tydfil is an unincorporat¢d ch￿ltY with the registered charily number of 1161061. Th¢ Clwity is g()v¢rn¢d by theix constitution, and registered in England & Wales. Reerultment and appointment of new trustees N¢w Trustses must be iL]teThriewed by the current Board of Trustees, L￿d if appoiiited are irfornied of iheir legal obligations under charity law, the decision makitig process and the business plan and recellt flluucial performatt¢e of the charity. Th¢ charity aims to r¢cruit people who can off¢r a range of sl(ills for example personnel, training, f￿£￿ce ets. REFERENCE AND ADMINISTIUTIVE DETAILS Registered Charity number 1161061 Prlndpal addre55 CIO hQs P Lewis 7 Monmouth Drive Merthyr Tydfil CF48 IJA Page 2

GATEWAY CHLRCH NIERTHYR TYDFIL REPORT OF THE TRUSTEES FOR THE YEAR E)DED 31 DECE.IIBER 2024 Trustees Mrs P Lewis Secretarylchair R Leivis Treasurer H Langford Mrs D Langford D Tyler Independent Exydminer R.1. KNOYLE FCCA ACA Baker Knoyle Chartered Accountants Orbit Btssiness Cenire Merthyr Tydfil CF48 IDL Advisers Martin Allen - Apostolic Oversight Approved by order of th¢ board of trustees on I September 2025 and signed on its behalf by-. Mrs P Lewis - Tn￿te¢ Page 3

llNDEPENDENT II LIMINER'S REPORT TO THE TRUSTEES OF GAT£WAY CHURCH MERTHYR TYDFIL Independent examlner's report to the trustees of GateTrvay Church Merthyr Tydfil I r¢port to the charity truste¢s on my examination oe the accounts of Gateway thurch Merthyr Tydfil (the Trust) for the year ended 31 DeK¢rnber 2024, Responsibilitieg and basis of report As the charity trustees of the Trnst you ar¢ r¢sponsible for the preparation of the a¢¢ountS Ill accordance with the requirements of the Charities Act 2011 (*he Art). I report in r¢spect of My examination of the Trnst's accounts Ca￿led out under Section 145 of the Act and in ¢￿Ing out my examination I have follow¢d all applicable Directions givell by the ChaLlty Comn]ission under Section 145(5)(b) of the Act. Independent examiner's statement I have completed my examination. I confjxm that no material matters have conie to my attention in connection witb the examination ￿VIllg me cause to believ¢ that in any material respect: accounting records were llot Icept in respect of the Trust as required by Section 130 of the Act" or the accounts do not accord with those records. oi tbe accounts do not comply with the applicable requiremetlts con¢¢rning the forn] and content of accounts set out in the Charities (Accouttts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which 18 not a n]atter 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 FCCA ACA Baker Knoyle Chattered Accountant Orbit Business Ccntre Mfflthyr Tydfil CF48 IDL I Septcmber 2025 Page 4

GATEWAY CHtrRCH MERTHYR TYDFIL STATEMEI NT OF FINANCIAL ACTIVITIES FOR THE YEAR E DED 31 DECEMBER 2024 2024 Umestricted fi￿d 2023 Total nds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 26,777 28,327 EXPENDITURE ON CharitAble aCtI￿tieS RelI￿ouS activities 24,570 25,187 NET INCOME 2,207 3,140 RECONCILIATION OF FUIYDS Total funds brought fonvard 20,261 17,121 TOTAL FUIYDS CARRIED FORWARD 22,468 20,261 The notes fortn part of ÈkLese finallcial staternents Page 5

GATEWAY CHL RCH ￿JERTHyR TYDFIL B.4LANCE SHEET 31 DECE,MBER 2024 2024 Unreslricted fund 2023 Tothl nds Notes CURRENT ASSETS Debtors Cash at bank 422 22,742 1,255 19,696 23,164 20,951 CREDITORS Amounis falling due within one year (696) (690} NET CURRENT ASSETS 22,468 20,261 TOTAL ASSETS LESS CURREYr LIABILITIES 22,468 20,261 NET ASSETS 22,468 20,261 FUNDS Uur¢slri¢ted fimds io 22.468 20,261 TOTAL FUNDS 22,468 20,261 The fu￿ncial statements were approved by the Board of Trustees and autborised for issue on I September 2025 and weie signed on its behalf by: R Lewis - Trustee The notes fonn part of ihese financial srAieTn¢nts Page 6

GAT AY Cl￿RcH MERTHYR TYDFIL NOTES TO THE FINANCIAL STATETrIENTS FOR THE YEAR ENDED 31 DECEMBER 2024 ACCOUNTING POLICIES Basls of prepAring the flnanelal st&tements The finanGial statements of the charity, which is & public bffliefit entlty under FRS 102, have been prepared ill accordance with th¢ Chariti¢s SORP (FRS 102) 'Accounting and Reporting by Charili¢8.' StstemeTht of Recommended Practice applicable to charities Preparing their accouiits in accordance with the Financial R¢porting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019}', Financial Reporting Standard 102 'Th¢ Financial Reporting Standard applicable in the UK and Republic of Ireland, and th¢ ch￿'￿tIeS Act 2011. Th¢ financial stat¢rnertt8 have b¢¢n Plep￿ed under th¢ historical cost ¢onv¢ntio Flnanelal reportlng standard 102 - reduced dlselosure exemptfions The charity has t&ken advantag¢ of th¢ following disclosur¢ ¢xemption in preparing th¢se finall¢i&l 8tat¢ments, a8 pern]itted by FRS 102 'The Financial Reporting Stsndard applicable in the UK and Republic of Ireland,: the requir¢m¢nts of S¢rtioll 7 Slatement of Cash Flows. IEgal form Gateway Church Merthyr Tydfil is an un-in¢oryorated charity, r¢8lSt¢red in England & Wales. Ineome All income is recognised in the Statemeat of F&llan¢ial Activities once the charity has entitlement to the funds, it is probable that the income will be Teceived and the atnount can be measured reliably. Glfts In Klnd Gifts in kind are included itL the income and expenditure account wbere they are applied in carrying out charitable activAti¢s, where th¢ charity would oth¢rwis¢ hav¢ to pur¢has¢ the donated facility and the b¢nefit is both quantifial)le and material. The quantifiable benefit is shown as both incon]ing and expciided resources within the appropriate funds. Where the gift is an asset it is treated as illcome and taken to siock or fixed assets as appropriate. The value of services provided by volunteers is not quantified. Expenditllre Liabilities are recogllised as ¢xp¢nditure as soon as there is a legal or constructiv¢ obligation conllnitting the Charity to that ¢xpenditure, it is probable that a transfer of ecotM)miG benefits will be required in gettlernent and th¢ amount of the obligatioll can be tneasured reliably. Expellditure is accoullted for on an accruals basis and bas been cl&ssified under headings that aggr¢gat¢ all cosi r¢lat¢d to the cat¢gory. Where Costs ¢annot b¢ dir¢¢tly attributed to particular headings they have been allocated to activities a basis consistent with the use of resources. Tgxatlon The charity is exempt from tax on its charitable activiti¢s, Fund aecoulltlng Ullrestricted funds can be used in aocordanc¢ with th¢ charitable obj¢ctiv¢s at tk di8cr¢tion of th¢ tti]st¢es. Restricted fullds CEU] only be used for particular restricted purposes within the objects of the cbarity. Restrictions arise when specified by the doiior or when funds are r&is¢d for particular restricted purposes, Further explanation ofthe nature and purpose of each fund 18 included in th¢ notes to th¢ f￿￿ela1 statements. Debtors and creditors receivablelpayable within one year Debtors and Credito￿ with no stated interest rate and receivable or payable within one year are recorded at transaction price. Going concern Page 7 ontinued...

GATEWAY CHURCH MERTHYR TYDFIL NOTES TO THE FINANCLIL STATEMENTS- condnued FOR THE ITAR ENDED 31 DECEMBER 2024 ACCOUNTING POLICIES - continued Th¢ fin￿]Cial st&tenTrnts have been prepared on a going concern basis as the trnstees believe that no material uttc¢itaillties exist, DONATIONS AND LEGACIES 2024 2023 Donattons Gift aid 22,397 4,380 23,567 4,760 26,777 28,327 CHARITABLE ACTIVITIES COSTS Support costs (see note 4) Dire Costs Totalg Religious activities 23,874 696 24,570 SUPPORT COSTS Governan¢¢ Costs R¢ligious activities 696 Support costs, included in th¢ abov¢, are as follows.. 2024 Religious activities 2023 Total activities Independent exan]iners fe¢s and accountancy 696 684 TRUSTEES, REMUNEI RATION AND B£1 NEFITS Ther¢ wer¢ no trnstees, remuneration or other ben¢fits for th¢ year end¢d 31 December 2024 nor for th¢ y¢ar ended 31 December 2023. Trustees, expenses There were no t￿8￿¢5, cxp¢ns¢s paid for the year ended 31 December 2024 noi for the year ended 31 December 2023. Page 8 continued...

GATlIWAY CHtIRCH MERTHYR TYDFIL NOTES TO THE FINANCIAL STATEMENTS - Colltinued FOR THE YEAR ENDED 31 DECEMBER 2024 GIFTS IN KIND The value of volunteer tin]e is not quantified in terms of money but the time contributed by voluute•s is an invaluable regouree ill temis of the outstattding contribution n￿le by them. The numb¢r of hourg contributed by volunteers in the year was 250 (2023". 250). INDEPEf4DENT EXAMINERS REIIIUNERATION Amounts payabl¢ to Indepelldent examiners include: 2024 2023 Ind¢pend¢ut ¢xamination 696 684 696 684 DEBTORS: IIMOUNTS FALLING DUE WITHllY OIYE YEAR 2024 2023 Oth￿. debtors 422 1,255 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Other creditors 696 690 10. MOVEMENT IN FUNDS Net movem¢J]t in fund5 At 31112124 At 111124 UJArestrieted funds GeneTal f￿]d 20,261 2,207 22,468 TOTAL FUNDS 20,261 2.207 22,468 Net movement in ￿nds, included in th¢ above ar¢ as follows.. Illcoming r¢souTC¢8 Resources expended MovenTrnt in fLmds Unrestricted funds General fund 26,777 (24,570) 2,207 TOTAL fiUNDS 26,777 (24,570) 2207 Page 9 continued..

GATEWAY CHUIICH MERTHYR TYDFIL NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024 io. MOVEMENT IN FUNDS - contlnued ComparatlV¢5 for movement in funds Net movement in ftmds At 3111J23 At 111123 Unrestrlcted funds Gen¢ral fulld 17,121 3,140 20,261 TOTAL FUNDS 17,121 3,140 20,261 Conwarative net movement in ￿llds, included in the above are as follow5,' Incorning resources Resources expended Movement In ￿llds Unrestricted funds General thd 28,327 (25,187) 3,140 TOTAL fi UNDS 28,327 (25,18D 3,140 A cunent year 12 months and prior year 12 months cornbined position is as follows., Net ovemcnt in funds At 3111Y24 At 111123 Unrestricted fullds General fund 17,121 5,347 22,468 TOTAL FUNDS 17,121 5,347 22,468 A current Ye￿ 12 months and prior year 12 months Con￿lned ll¢t movemenl in fullds, included in the above are as follows., tncomLng resources Resources expended JyIovement in funds Unrestricted funds General ￿lld 55,104 (49.757) 5,347 TOTAL FUNDS 55,104 (49,757) 5,347 Page 10 continued...

GATEWAY CHURCH MERTHYR TYDFtL OTES TO THE FINANCIAL STATEMENTS - continued FOR YEAR NDED 31 DECEMBER 2024 ii. REL4TED PARTY DISCLOSURES Tkk¢re were no i'elated party transactions for th¢ y¢ar ¢nded 31 December 2024. Pag¢ll

GATEWAY CHURCH MERTHYR TYDFIL DETAILED STATLMI OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 INCOME AND ENDOIVMENTS Donatfions and legacle5 Donation8 Gift aid 22,397 4,380 23,567 4,760 26,777 28,327 Total incoming resources 26,777 28,327 EXPENDITUR Ch&ritable Actlvltles Insurance Light and heat Sundri¢s Sundry equipment Outrea¢lVMission ¢xpenses T¢aching and training expenses Apostolic oversight Gifts & Donatlolls Pastor fees 345 720 585 88 1,632 104 600 338 120 458 603 1,551 673 600 360 19,800 19,800 23,874 24,503 Support costs Governallee costs Illdep¢nd¢nt ¢xaminers fees and accountancy 696 684 Total resources expended 24,570 25,187 Net Income 2,207 3,140 This page does not forni part of the statutory financial statemcnts Page 12