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2023-03-31-accounts

The Gateway Church - Newcastle

Report and Accounts Year ended 31 March 2023

1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk

THE GATEWAY CHURCH - NEWCASTLE

YEAR ENDED 31 MARCH 2023

LEGAL & ADMINISTRATIVE DETAILS

ADDRESS FOR CORRESPONDENCE The Gateway Church - Newcastle c/o Pendower Good Neighbour Project 12-14 Sunnybank Avenue Newcastle upon Tyne NE15 6SD GOVERNING DOCUMENT CIO - Foundation registered 29 Oct 2015 as amended 11 June 2020 CHARITY REGISTRATION NUMBER 1164161 TRUSTEES Sam Douthwaite (chair) James Heron Hall Kemi Olantunji Stephen Gill Nicola Riches BANKERS Lloyds Bank plc 102 Grey Street Newcastle upon Tyne NE99 1SL INDEPENDENT EXAMINER Archie McDowall BA, CA Stewardship 1 Lamb's Passage LONDON EC1Y 8AB INDEX Page 1 Legal & Administrative Details Pages 2 - 3 Trustees' Report Page 4 Independent Examiner's Report Page 5 Receipts and Payments Account Page 6 Statement of Assets & Liabilities Pages 7 - 8 Notes to the Accounts

Page 1

THE GATEWAY CHURCH - NEWCASTLE

REPORT OF THE TRUSTEES

YEAR ENDED 31 MARCH 2023

The Trustees have pleasure in submitting the Report and Accounts for the year.

Objects of the charity

The charity, which is a church, is governed by a constitution and is constituted as a charitable incorporated organisation. The charity's principal objects, as set out in its governing document, are:

a) the advancement of the Christian faith in Newcastle-upon-Tyne and such other parts of the United Kingdom and the world as the charity trustees may from time to time decide

b) to relieve financial hardship by the provision of funds, goods or services of any kind in such parts of the United Kingdom or the world as the charity trustees may from time to time decide

Summary of the charity's main activities and achievements

To further the above objects and vision, the charity hosts multiple weekly activities, including:

These provide a place for people to grow in their understanding of Christianity and/or receive practical support to relieve poverty.

In this financial year we have added an additional Sunday gathering meaning we now facilitate four local gatherings where people are able to receive support and education to help their spiritual growth. We have supported local and national outreach work on the streets of Newcastle, Birmingham, London and Sheffield where the good news about Jesus Christ has been shared. We have successfully increased people’s ability to grow in the Christian faith. We continued to run our children’s clothes bank which distributed in excess of 2,400 items of clothes to families in need. We launched a food pantry which allows families to buy food at 50% of what it would normally cost them. In this financial year we have saved 81 new members a total of £5,000. We have successfully eased people’s financial hardship.

A vast proportion of our work is maintained by volunteers. This includes the facilitation of Sunday gatherings and our practical support in the community. The general running of the charity is supported by gifts from those who consider themselves members of the church. Our direct work in the community is supported by grant funding.

In planning the activities the Trustees have applied the guidance on public benefit issued by the Charity Commission.

Financial review

During the year income increased by £10,132, to £58,292, and expenditure increased by £2,042, to £57,418. As a result the cash held by the charity increased by £876, to £29,576, of which £23,150 is unrestricted and can be used for any charitable purpose.

The charity is in a strong position at the close of 22/23 giving scope for continuation and development of our work.

Page 2

Reserves policy

The trustees have determined that the charity should aim to hold unrestricted cash of no less than £12,000 (which equates to about 3 months' of unrestricted expenditure) so that the charity could continue to operate should income and / or expenditure vary adversely. At the year end, the charity held unrestricted cash of £23,150 and this has been factored in to the 23/24 budget. The charity is complying with its reserves policy.

Governance

Responsibility for setting policy and for making operating decisions rest with the trustees who meet regularly to monitor the activities of the charity. New trustees are selected and appointed following discussions amongst the current trustees and Church Eldership.

Risk statement

The charity is exposed to various risks - be they operational, financial or reputational. The trustees review the charity's activities regularly to identify significant risks and, where possible, they take appropriate measures to mitigate those risks.

Responsibilities of trustees

Charity law requires us as Trustees to prepare financial statements for each accounting year which record the receipts and payments of the charity for the year.

We are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable us to ensure that the financial statements comply with the Charities Act 2011.

We also have a responsibility to safeguard the assets of the charity and to take reasonable steps to prevent fraud or any other irregularities.

Approval

This report was approved by the trustees and signed on their behalf by:

Sam Douthwaite

Sam Douthwaite

Date: 22 January 2024

Page 3

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF

THE GATEWAY CHURCH - NEWCASTLE

I report to the trustees on my examination of the accounts of The Gateway Church - Newcastle ('the charity') for the year ended 31 March 2023 on pages 5 to 8 following.

Responsibilities and basis of report

As the trustees of the charity 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 2011 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:

  1. accounting records were not kept in accordance with section 130 of the 2011 Act; or

  2. the accounts do not accord with the accounting records.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Archie McDowall

Archie McDowall BA, CA

Stewardship 1 Lamb's Passage LONDON EC1Y 8AB

Date: 26 January 2024

Page 4

THE GATEWAY CHURCH - NEWCASTLE

RECEIPTS AND PAYMENTS ACCOUNT

YEAR ENDED 31 MARCH 2023

Notes
Income receipts
Donations
Grants
Gift aid receipts
Other
Total receipts
Payments
2
3
Total payments
Transfers between funds
Net movement in funds
Cash funds as at last year end
Cash funds at this year end
A
Net
of
receipts
/
(payments)
before
transfers
Grants & donations paid
Payments
in
relation
to
charitable
activities undertaken directly		 Unrestricted
Funds
£
33,255
0
4,700
756
38,711
36,762
1,280
38,042
668
(46)
623
22,527
23,150		 Restricted
Funds
£
281
19,300
0
0
19,581
19,375
0
19,375
206
46
252
6,174
6,426		 2023
£
33,536
19,300
4,700
756
58,292
56,137
1,280
57,418
875
0
875
28,701
29,576		 2022
£
33,112
14,870
0
178
48,160
54,626
750
55,376
(7,216)
0
(7,216)
35,916
28,700

The notes on pages 7 - 8 form part of these accounts.

Page 5

THE GATEWAY CHURCH - NEWCASTLE

STATEMENT OF ASSETS AND LIABILITIES

YEAR ENDED 31 MARCH 2023

A
Cash funds
Cash at bank with immediate access
B
Other monetary assets
Gift aid due to charity
Payments relating to April 2022
C
Liabilities
March 23 expenses
PAYE due
March salary paid in April
Unbilled fee for Independent Examination
D
Assets retained for charity's own use
Contents and equipment		 Unrestricted
funds
£
23,150
23,150
5,045
0
5,045
67
368
1,696
888
3,019		 Restricted
funds
£
6,426
6,426
0
0
0
0
0
0
0
0		 2023
£
29,576
29,576
5,045
0
5,045
67
368
1,696
888
3,019
Value
2,023
£
4,935
4,935		 2022
£
28,701
28,701
4,696
1,600
6,296
0
374
1,635
828
2,837
Value
2,022
£
3,000
3,000

Current values have been estimated by the trustees

E Guarantees and secured debts

The charity has not given any guarantees and has not provided its assets as security for any liabilities.

The accounts were approved by the trustees and signed on their behalf by

Sam Douthwaite

Sam Douthwaite

Date: 22 January 2024

The notes on pages 7 - 8 form part of these accounts.

Page 6

THE GATEWAY CHURCH - NEWCASTLE

NOTES TO THE ACCOUNTS

YEAR ENDED 31 MARCH 2023

1 Accounting policies

The accounts have been prepared on a receipts and payments basis and comprise a statement that shows the charity's receipts and payments, a statement that summarises the charity's assets and liabilities and related notes. The accountancy profession have determined that only accounts prepared in accordance with applicable accounting standards present a 'true and fair' view and, as these receipts and payments accounts have not (and cannot) be prepared in accordance with accounting standards, these accounts do not present (and are not intended to present) a 'true and fair' view of the charity's financial activities and state of affairs.

General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects.

General
funds
£
2
Payments in relation to charitable activities undertaken directly
Senior Elder costs (see Note 4)
23,942
West End Community Gathering costs
0
General running costs (incl. Tabitha's Place)
10,129
Rent
1,054
Property costs
284
Professional costs (incl. insurance)
526
Accounts & Independent Examination
828
36,762
3
Grants & donations paid
Institutions
1,280
1,280		 Restricted
Funds
£
0
19,053
322
0
0
0
0
19,375
0
0		 Total
2023
£
23,942
19,053
10,451
1,054
284
526
828
56,137
1,280
1,280		 Total
2022
£
24,367
11,282
15,654
1,426
573
514
810
54,626
750
750

4 Transactions with related parties

Sam Douthwaite, a trustee, served as a Senior Elder and the associated costs are shown above in Note 2. He was paid for serving in that capacity, not for serving as trustee; these payments are permitted by the charity's governing document.

During the year, the wife of a trustee was paid £nil (2022 : £240) for artwork for Tabitha's Place.

Page 7

THE GATEWAY CHURCH - NEWCASTLE

NOTES TO THE ACCOUNTS

YEAR ENDED 31 MARCH 2023

5 Movement on funds

Restricted funds
Tabitha's Place
West End Community Gatherings (WECG)
Total Restricted
Unrestricted Funds
Designated funds
Open Doors
General Funds
Total Unrestricted Funds
Total Funds		 Opening
Balance
£
940
5,234
6,174
0
0
22,527
22,527
28,701		 Receipts
£
281
19,300
19,581
841
841
37,870
38,711
58,292		 Payments
£
(322)
(19,053)
(19,375)
(841)
(841)
(37,202)
(38,042)
(57,418)		 Transfers
£
0
46
46
0
0
(46)
(46)
0		 Closing
Balance
£
900
5,526
6,426
0
0
23,150
23,150
29,576

Tabitha's Place is a mercy and outreach ministry offering free refreshments, children's clothes, toys and books.

The WECG fund is money received for specific project work in the community and costs include a proportion of rent, property costs and payments for a coordinator role. All expenditure from this fund has been spent according to the remit and instruction of the grant providers.

Open Doors is a ministry supporting persecuted Christians around the world by supplying Bibles, providing emergency relief and helping them to stand strong for the long term.

Page 8