CHARITY REGISTRATION NUMBER: 1164672 Gateacre Team Mlnistrles Unaudited Financial Statements 31 December 2023 MATTOCKS GRINDLEY charlp.red Accountanls 18 Mulberry Avenue Turnslone Business Park Widnes Chesliire WA8 OVVN Gateacre Team Mlnistries Financial Statements Year endod 31 December 2023 Page Trustees, annual repori Independent examiner's report to the trustees 10 Slalemenl of financial aclivilies 11 Slalemenl of financial posilion 12 Notes to Ihe financial statements 13 The following pages do not form part of the financial statements Oetailed siatemenl of linancial activities 21 Notes to the Oetailed s￿lement of financial activities 22 Gateacre Team Mlnlstrles Trutstaes. Annual Report Yaar ended 31 December 2023 The Iruslees presenl their report and the upaudiled financial slolemenls of Ihe ch8rilv lor the year ended 31 December 2023. Relergnce and admlnlstratlve del•TIs Reglslor•d charlty namg Ttr,$ Parochi81 Church CouncA ol ttie B8nelice ol Si Slepllen. Charity fegislratlon numb•r PrEnclpal offlce 1164672 si Stephen's Church Belle Vale Road G3teacre Llveipool The trustees Mr A Johnslon Mrs J J8ry Nls K Lyons sLSeal Irs B Willsams Mr A Oluslionde Revd K Caniy Revd S Doore Revd P J8nvier %lr% Siiow Irs K Johnslop. 45 H Morgan 4r P Sno'.¥ Jni Ir S pU9￿S1¢Y Irs H F￿ar Mrs L Cloales Irs H Jones N.1s S Swar. Nls Sandlaryd Ir l Diiver Mr C Sullivan Ir A Gre9ory i)r PA Reid p< A 8loc.Kwell IR&11￿6 30 June 20231 IRelirett ?.3 FebrLfrary 20231 IAppoinlod 15 May 20231 IRetired 30 Jun¢ 20231 (Relirgfl 31 May 20231 IRpltred ? April 20231 IRelsied 30 20231 IRetiTe(131 N4ay 20231 (Retlrpd 30 JLsne 20231 IRelired 30 Jyrbe 20231 (Relired 31 Aiigiis120231 IP.elired Jo June 20231 {ReliroJ 30 June 20231 (Appoinled 15 May ?0231 (Appoinled 15 frAay 20231 IAppoinled 15 May 20231 IAr4ptyinled 15 May 20231 IAppoinl*d 15 Ivlay 20231 IApiiL)Ip.led 15 2.0231 Indep2ndent examingr Gile.s Matlncks FCA 18 Miilberry Avenue Tu.. nsiolit Business ParF. lidnes Cheshire A8 iW14 Gateacre Team Mlnlstries Trusteès. Annual Report i¢ontInu￿) Year endod 31 D•comber 2023 Structure. gov•m&nce and managemenl Admlnlstrative Infomi•tlon Sl Slephen's Parisli Cirureh. Belle Vale Road. Galeacre. Liverpool. L25 2PQ, Tg10151487 8480. oific￿l correspondence lo PCC Secretary. Parish Office al the above address. Sl Mark's Church addiess Is Sl Maik's Churcli. Crarwell Road. Childwèll. Liverpool. L25 INZ. Struclur¢. Managem•nt and Govornttnce The Benefice ol St Stephen'$. G8leacie Parochial Chufch CoLineil IPCCI operates under Ibe Parochial Church Council Pobvers Meas￿re 1956. The PCC 15 a iegislefed charity. Registered Charrfy Number 116467213rd December 20151. The Parish ol Goleaue includes Ihe thurches ol Sl Marks. Childwall Valley. and Chnsl Clvrch Nelherfey (now closed). 8aekground The Parothial Chufch Cotsncil ol The Benefiee ol Sl Slephen'8 Gaieacfe. known as Th& Galeacre Team ipistry. has Ihe responsFbllily ol C￿Operal1ng with Ihe In¢urntseni. Ihe Rev'd Pliillp JanviÈr (Team Rector) whD retired in June 2023. *n promo14n9 within Ih.è Par16h Ihe wholp mission of ihe Church. pasior81, evangelislic, social and ecumenical. Membgr3hlp Metnbers ot the PCC ale eiihei ex•officio or etecied by Ihe Annual Parochial Churcli Nleeiing IAPCMI In accordanc¢ wilh the Chufch Reoresenlation Rulgs. The Bènefice ot St stephen PCC mèmbors are: Clgrgy: Re￿.d Ptriilip JanKier Irelired Julie 20231 Ch8ir-aii¢J Treasurer Rev'd Sandra Doore Iresigned Marcl., 20231 (Cliair Frorn June ?Q2.3 Mrs Hildry Klo'gani SSM Illini$tèr: Revd Canoii Kaly Canly Iwlio Is on sat)l)alical Irnni Junp 2023 to DÈrenibef 2023 j Ex olfl¢lo Member$ Wardon5". The Benefire 91 Si Siephen Par15h Warden5: Mrs Kay L%ons IFrLim faay 20d31 Or M8r98rel R8iU (F'iom May 202Jj Readers Joy Jary Ars Hilary Nlorgars O*anery Synotl Rèpresentative5 Mrs Alaiie Slockwell Mr Carl Sullivan fs Bevedey K1111iam¥ Elècted Lay representatives lo Ihe Parochial Church Coun¢ll Hazel Frear (Tieasurer Iroin JJne 20231 io lor re.electiory In 2025 isecofid ie'r?) Albeil Gregory tlo Stand for re_electioii 2026, Sandra Sandland 11¢) siand foi re-<stiion 20261 18n Driver Ilo staiid foi reélection 20261 Gateacre Team Ministrles Trustees. Annual Report fcontlwd) Year onded 31 Decemb•r 2023 Structure, gtsvemancg and management IGortllftu•d) CoryOPt¢d Membeis Bevertey Teare Bankers: Ggleacre Team Mini51ry Si Stephen's . HSBC Bank PLC. 1111 Lord Sireel. Llverpool. L2 6PG. si Mark's. Naiional Weslminsiei Bbnk PLC Fivehvays. Childwall. Liverpool. L15 6Y 18CCOLinl cbseoi. Galeacro Team- I loyds Bank PLC. Hor•emarkei Stre•i. Warnin9ton. WA1 ITP. Independgni Examlner Mr G Mallocks. Kla11￿kS Grtndley ChaTEered Accounknts 18 Mulb8fty Avenue. Tumslone Business Pafk. Wi(Jnes, Cheshire. I'(AS OWN. Legal Ad¥isofs Mr Howard Cello1. 1 The Sancluory, Westrninsier London SW1 P 3JT. Te￿phone- 02Q 7222 5381 Fax. O?0 7799 ?871 liverpoolregislry@Ilhesanctuary.¢om 'ww.l1verp(￿ldI0Ce$an1QYtsbY.¢O.urf The re91s1ry is pleased to feceive cnni8cl by letier. lelepffone or eniail. The firsl point of coniacl should be slep1￿n Borton. Ihe Cl)iel Cl￿* In Ihe Reg'slry. or. in his ab*8nce. L.uke Talem. Afchltocls q1 %Ipiii)pn's - VAf.ANI St h4aik's VACAN7 Day to doy maii¥gement conlroi of Ihts Tearr, ChLsrches Is exercisecl by the T98m Reeloi (up to reliremenl In June 2Ug31. Tearr, k'itar IfesignatlC41 sn Marcii 20231 and Cnurchwartten5 conloe18ble vi8 11)e par151) oflice 01 Sl 487 8480 or em811 gaie3crereammin$liy@gm8il.com. The n?elhod ol aopoiilment of PCC n)embers Is sei oul in the Churrh Represenlatiofj RLtles. All tnurch membefs are encouraqeo lo reqisler oq Ihe Elecloral Roll and Eland foT eleciion lo Ihe PCC The PCC Is responsible for rrien)bers receiving indu¢iion l18injiig Incluoing Iruslée respoosibil",lies b8$1c. I￿allh And salely. risk assessrDenl and m8naqemenl. Riid sa'.eguardin9 Pfocèdures. Tl)o PCC i)perates sub rommillpe5 'AiI)ose rr.embeiship consists 01. Slandin9 Committe•'. This15 the only commiiiee requiied by la%i'.11 l)a5 the to Iraiisacl Ihe ￿LIS11}eSS ul Ihe PCC belw.LJei', 115 meètirigs. subieci lo any dirvctions g'i.on l)y Ihe Couiicil. 11 ..$ n)3oe up o! Cleroy Parisl.. hiircliw%irdei)s r.hair. tsecrelaiy aiid iieasilfPI'. Chrlstmas Tr•e Fe5tlval' io prepare anci pr(iir,ole the ap.nuiil lestlV81. J50150 C¢lebrations . 10 prep8ro promoio ihi Iwo chiJrr*es anniiiersaries ISI 518Fhens I sfilti $1 ￿larks- 501111. Gateacre Team Mlnistrles Truste•s' Annual Report l¢oniinwll Yoar ended 31 Decomber 2023 Slruclure, governanc• and management i¢ontsfiL¥Odl Risk Ass•ssments'. The PCC is wesponsible for risk assessments. Pfocedures are then pul in place lo manapt those risks and minimize Iheif ImDa¢l on the lile of the chLr¢h. The PCC revi￿ progress quanerly. or when neeLled. £acli evenl in¥.Dlving the public is assessed by Ihe lead person and any necessary aclions IHken. Fln•nclal Rlsk The PCC Aims to prepare budgets and to compare acliials stiilh those budgels. To uale. Ihe PCC has nrjl ochieved this aim. The intènlion remains lo piepafe meaningful budgeis And Indeed will be requirem&it for Involvement in Fil lor Mission. The iiiv¢sknents held by Ibp PCC are feviewed regularly. Inveslments are only rnade in approiled risk funds approved for Lljaiity use. All assets ale insured and levels reviewed annually and appro¥'ed Dy the PCC. Hfralih 8nd Safèty A membei ol l*e chutch wilh specillc experience In thi5 field has un(SeriakeTr a review. The PCC appia15es Ihe risks 8nd Ihe necess3ry compliance requifements and these have been complied wilh. Specifically, procedures lor recording accidents have been wi in p18ce and 8ppoinled per50n5 have been trained Ir. Vile 5Hleiy. These procedures are rekiew¢d op an 8nftu?I b8sis and fomially reDof4ed 10 thé PCC. Child and Vulnerable Adult Ptotectlon PCC niemt)e.rs vnoergo OBS Gneck. complele H Sell Declafation a5 a 'Fit and Proper Person, and are asked to ¢ompleie bbsic apd lound81101Tr sAlegLI8rdir￿ training IhrobgS.. Ihe Cburcl) ol Engldpd's Irairiiiig portal isr In Iraini.'Ig delivered In pprsoii. The PCC hab loririally •dopled IbE L¢¥erpoul Diocesan S8legvardino Poltcy. Opèrallonal Rlsk P18n5 liave l)eÈ>n agie¥d IoLdlly lor sei,. ir.es lo be Iiel¢ In Ilie communily li?11 or hylls Ilie evenl ol ali fjf the churches btconiing uniisable fo! a limiieLf peTlOd. Gateacre Team Mlnlstrles Trustees. Annu81 Report (con11n￿e[lI Year ended 31 December 2023 ObJectlv•s and actlvltles The PCC (Po￿r$i measure 1956 sl8les Ihe PCC is lo cooperale the minlsler in promotsng in the parish Ihe whole rnission of Ihe Church. oasloral. evangelisllc, social and ecumenical. At the Ben9fice of Si Siephen's Galeacre our mi55ioll is to woclaim Ihe Gospel of our Lord JeSLFS Chr151 acc￿OIng lo Lhe docirines an(f praciices ol Ihe Church ol England. bolh Ihrough Ihe Word and our deeds lo love the l ord our God and lo love 17is children our neighbotjr. When plannlng our Dbiectives for Ihe ye8r. Ihe PCC gave can51dèration lo the Chadty Ccm)mission's Guldance on publlc benefit. In order io do this Quf cibjectives in 202J were.. Toam Ministry To grow in love, failh and cornmitmenl togelher. To run Lent Groups, an Alpha Course and Advenl Course. To encourage good ielatitsns willi oui wider Loniniunily as)d the families Ihat atteiid both tlie Nurseries th81 now ooerale in OUT Chufch facililles. lo prod￿Ce accounts on lime. ro onsurc Ihal a complete updalc ol Risk Asscssmcnl. Finai)cial 8udgeling. 14calln ané Safely. Lhild and Vulnerable Aduli Proleclion Operati￿}01 Risk. Obj¢ciives. Acliviliès Alnis uiideriakei). Wve aspir¢d to installing a new healing system in Si Sleph&n's aiid a new fully acce55tble ioilel williin Si K1ark's. Pfepai8lion for (he Rector'5 retiremeiil. Growth of Messy Chlirch. Ro-k.,ndle 5¢t￿oI involwemenl. Gateacre Team Ministries Trustees. Annual Report (tonilnucll Year ended 31 Docomber 2023 Achlevemtrnts and p•rforman¢• The PCC a¢knowlettge with gratlludfi Ih8nks the Sery￿e. ministry and deaicalion ol all It￿se who have contributed lo ouf achievement in their giving ol time lalenls and financial resoijrces during a challenging yeai. T•am Mini$lry Worship Folloth'ing the deuartknre of both the Reclo.. Arrfl Tea￿ w￿£￿r. fegular i*iorship h85 con1117LJed iii bolb churches willi a small 9rowlh ill numbers. Each of the iwo Readers ha¥'e laKen re5ponsibflity for a IndIv￿Ual churc* lo provide conlinuity, and regular leani services occur when bolh congfeg8lioD5 meei Ico.other. Fellowshlp ForthKJhily fellowship meeting for bible slutty. Prnyef Monthly Saturday inornin9 Prayer Meeling. usually on 7.470m. Chlldr•n's Work Méssy ChLirch and S3plings Icarer and ioddleT} h8tr• exp8riencec¢ glo￿Th numbers. 8u41ding8 Significani roof u,"oblems le.g. maioi leak in the parisli v114ce al S; Steplièlis churchl CailS8a the loss ol Ihe leasÉ(J plio¢ocopiel. Tiltr. iool ivpaired 8iid 8 rlieapol photu¢opter puiGtiasetl rallier Ihan leasing anolhei Dne. Furtlier w'ork io replace m155ing rool liles is awaitèd. d. Ljly oulbreak Kleiililied in Ihg. Cliancel al si StepligTI's. The bwas de811 willi bLJi a sigiiilic8nl Diitbreak later Identifieu In t>.e c.hoir veslry IprcbaDl> oue to Ilpater Ingress follo¥ving historic lead Ihclli Ihis awaits roii-,e.(lial viork. 3. Insltillaliofj of Fully A¢cessible Toilet 31 Si Nia.ks This ¥vas completed by Ine enQ ol year. This en8bled ine roniinued nieetll9 of a comN)vDIly ill., Illry nii Tut-.sday ovei)In9s social events Iii il)e new yp3r le.g. qLJlZ, aliernovn lea and lunchl. FSI fot Mission We have engaged with Ihis pioctt5s wilh 8lienaari(-.e ai inlorniaiion glvlng eweiits. Tile PCC wa5 vt511ed iii SerJlembp¥ 2023 by Ihp Fil fo.. Mission T*avn i*ilio gAve a pie.%eniklion 3na were able 10 answer qugStion5. Saleguèrding Lead and Load R¢¢ruiier Ai)poinlrrreni$ 10 these DOSltic.45 Its replace ihe [)￿tgoIn0 post lif.Ir)ei. Saleguar¢Jing po]￿Y and procetJures are bpinn brovgnt uo to date. Teaching and Disclpleshlp A Lènt and Adveni Course w#¢ I'.eld. w,liickF 8llfacted pon ctyuFt.h mem)e*s Celebrations l. PreDwalion well in plgco lor ihe Lelebrations o: 1 Soih Annliiefsar-y 51 Markq Soi.; anniversaiy ,diiaing Viide PLiolii-. advertisament o,. loniicowino ei'.41l4S. 2. Chnslmas Tree ke51iv81. si Stephens *elo apoll)er successful eveTri wilh many visilors Irom the '.tsmmLtn41y. 3t)d Faii)ei Christnia5 Parlsh Cgntro Gateacre Team Mlnlstrles Trustees. Annual Report IcDndnuedJ Yoar endèd 31 December 2023 Sl Sl8phens Parish Cenlre has allfacled one new user groLtp (indoor foolballl. Pastoral Servlces Ongoing luner81 mini51ry. b8Drlsn)s wilh INe help of oul$Kle ¢ler9y when required. Coping wlth Snt•rr¢gnum: The PCC tt8s worked hard lo keep bolh chur¢hes open, and members ol Ihe congregation hawe siepped up lo ttelp in many ways.. Iinencially, wilh lim& given generously 10 mainlain clear)Iiness and 9yrdening' visiiing clergy have ￿etsn encouraging and supporlive and ihe Area Dean has mel kyiili us regularly lo provide atjvice and support. W• hav8 two tenant nur5erlès; We work hard lo iespond lo their concerns abwi the buildings and facllilies. Howév8r during the winler ftjel bills are of necessily Iiigh in OLti poorly insulale(J buildings. hursery staff are aware ol our activities Includin9 weekly Sapllngs and monthly Messy Cnurch. and Ibey inform Darents an¢J c8rer* and so feed children inlo Ouf pro9rammes. Food bank: Sodlli Liverpoul Foodbank operaies weekly on a SalLirday nioining in Si MarK'S Churr.li. The congregalior the nursery, provi(le donations lo the lockYbar,k and K'e been helped willi fuel Costs. W••kly Drop In and Warm Hiib- Well alleiided con7mtsniiy evenl In Ihe PafislI Lenlre. nrnv also Invf)li'ing tho seivices of a So¢￿1 Prescciber Irovi a local GP SLfgery. Electoral R?11 St Siephen's Si N18￿'S Parisli loiAI 64 30 94 Gateacre Team Mlnistrles Trustees. Annual Reporl lcon￿nI￿d) Year ended 31 Decgmber 2023 Flnanclal revlew Finance. Glvlng and Fundraislng cofjlinues lo t*e an Issuè lor boih rliurches hul oiir Gift A*d Tax Reclaim continues lo be a real ble3sing. There was a Surplus for Ilie year of £ 15.870 {Reslal￿ 2022. surplus £ 12.296). Tliese results 117cludg a relund rèceived ITOM one of Ihe energy compa￿￿ amounting lo E 16.564 in Au9u$I 2023. Regulai giving and individual one off donallons These are generoL>S bul do not covef our costs. Tl)erefore. we are reliant on the rental Irom ihe Iwo nurseries 151 Mark's hall and Sl Slephei's Parish Cenlrel and Ihe t¥vo previous curale houses enabling U5 to meet us our costs. However, bi9 bi115 loi dry roi and iool fepairs al Sl Steprien's will mean fiexl year ￿ face a financially challen9ing time. We have been unable to Pay OLEr pansh share conlfibdlion in lull liiivoice approx. £4000 per monthl. We liave increased Our monthly payment lo £1500. Ai Ihe eiitj of July 2023. V)e parish share we oweil in lolal was £64.848. Iliis is brokèii do￿lr... 2023 2022 3027 2019 l otal Galcacrc Team MiThslfy Sl Mark's Clirisl Church 19.742 20.913 40.65S 16,473 7.720 7.836 7720 8.638 Trial ol Sum Vp Machines For caro gi¥ii1￿ started Iii botli chuichès 111 Decenibei 2023. Tithing and Charltable Glving We no longer iiiliè gèneral Income. Ho*.evei. Ilie PCC ayreett lo Iill)e l O'i tif the ofterings m8¢Ye in tm'o rp¢-.pni Gill Ddyb dnLI pl81i 10 lioltJ a Quiz lo paise Iuntjs for TFAR Fuii¢Y in Fèb 20?4 and lo Invile spe?kw from IvJo chaiilie5 lo Sunday Service$ 14 2024. Rvseyve Policy Tl)e PCC ?Trrr.s ID l)ave a ".eserve 013 rr.onlhs genepal eXPL&ndTrlufe It % uncertain wlielher Ihi5 Ihas beei) achitr4frd t*¢2LJse ul tlie va.. ialion In A￿[lIhI¥ svoiiding. Gateacre Team Mlnlstries Trustees. Annual Report fe4iitth4F•LII Year ended 31 December 2023 Plans for luture perlods OUT obieciive5 in 2024 are= Team Mlnlstry lo grow in k)v&. fatth 8nd commitment togetber lo run again Lenl and Advenl Course. Io Pfepare a P•rish Profile so we ￿n a￿VertISe lor a new Rector. lo prepare lor and engage with Fil lor Miss10n. lo encourage good relations ￿[￿ our Wider tcthmunity 8nd IhE 18mllEs Ihal atlend the N￿SerIeS that now ooerale In our Church Faciliiie5. ID di5¢0ver how lo support our congfe9aI￿n and comniunily in Neiherfey. lo ensure a con7plete updale ol Risk Asse55Fnenl, Financial Budgeiipig and achigvtrnieni. Heallli and Safely. Cnilo and Vulnerable Auult ploleclion. Oper81ional Risk Objective. Aclivilies ana alms i< un¢Seriaken. we d￿arn ol being able lo pth 8 new heating syslem In Si stephen's. lo have 11)e t}ro￿en pews al Sl Slephen's removed. preparp lor 74 fvll Archdear.on'5 Vi511 and update all our saleguarding pro¢etlures. keep up to dale Vilih Accounls. The IrLtslees' 8niiual feporl was approved rm truslees by.. arid 51gne(J tin bFhall ol Ihe board ol Joy Jary IPCf Secrpiaryi LIGenseo Lay Rpaderl Tf(Jslee Gateacre Team Ministries Independent Examiner's Report to the Trustee6 of Gateacre Team Ministries Year ended 31 DeGemb&r 2023 I report lo Ihe Iruslee5 on my examination ol Ihe financial statements of Galeaue Team ftrlinislr4es I'lhe ¢hanty'l lor Ihe year gnded 31 D8cember 2023. Responsibilitles and basls of report As the Ifustees of the thariiy you are responsiblfr lor l*.e prepar3iion of Ihe finaric￿l s￿lempnIS IP accor¢ance wilh the requirements ol Ihe Chaftlies Acl 2011 I'iho Act i. I reDort in respecl ol my examinatian ol ltte Clarity's fin8nclal statements cairied out undei sec1￿￿ 145 ol Ine 2011 Act and In carryip.g oui examination I have followod all thè applicable Dtrreclions giijen by the Chaniy Commissioft un¢Jer 5eclion 14515llbl ol thè Act. Independent examin•r's statemènt I have compleled my exaniinaiion. I confirm thal no malerial m?Ilers have cory>e lo my attention In coni)eclion wilh Ihe examination giv5ng me cause lo believe th81 In any iiialefial rpspecl. accounling records v.'ere not kept In iespect ol liie cnaiity a$ require(I by Sect￿17 130 01 the Act. or fmancial statem8115 (Jo not accord wilh Ihose r&cords'. or Ihe linanoial statements do nol GOlYlt)ly with the ai)plicable fequiren)epls concerning Ilie lorin and conleni of accounls Set otsl In Ihe Charities (Accounis and Reports) Re9ulalions 2008 Dlher Ihan any reqiiireft1e￿t Iiial Ihe account5 9.'ve a 'ltue and lai< V*ew which is pol 8 mallef consider¢0 as part of an Independenl e¥.aminalioii I have r'.0 concerns ano r4ave ctsiiie acTOSS no olher rnallers ¢onpieciion wirli 51ie eY.?winalion io wlii('li attenlion 5hodld b8 dtawn In :'1 s le jbl..ri in order to ènable è piop&r understanciry of the accoiinis io b regvlied. Gile5 Vballocks FCA Independeni Ex8mineF 18 Mulberry Avenu9 Turnstor.e 8usip.e55 Park Widnes Clieshire IIVA8 OWN ?1712 10 Gateacre Team Ministries Stalement of Financlal Actlvitles Year ended 31 December 2023 2023 Reslricled lun¢Js Total funds 2022 Unreslrlciètt funds Total lunds Note Income and endowments Donalions and legacies Olher Iradwg aclivilies Investment income Ollier income 31.307 67,220 13.363 1.032 38,340 67,220 13,363 64.398 38,693 13.678 1,714 Total Income 117,890 1.032 118,923 ¢ 17,883 Exponditure Expenuiiure or. charilable activllies Total oxpendituro 103.052 103.053 105,587 103,D52 103,053 105.587 Nel income #nd net moyemenl in fund$ 14.838 1.032 15.870 12.296 Rp¢ttn¢iliatlon of funds Roslalcd lolal fuibds brought lorv4ard Total lunds Carried forward 270.089 26.004 Z96,093 311.963 283. 797 284.927 7036 296.093 The %lalemenl ol liryan¢ial aclivilies includes all gains and losses recognised in Ihe ve¢ir Af5 jncomt. and expenditure derive from Conlinuing aclivilies. Ttte notes on pag•$ 13 to 19 lomi part ol Ihest Ilnan¢ial $ts1oments. 11 Gateacre Team Mlnlstrles Statement of Financial Position 31 Decembor 2023 2023 2022 Not• Fixed ?$$ets Tangible fixed assets 14 267,000 267.000 Currgnt assets Cash af bank and in h8nO 69.591 53,632 Crodltors: amounts lalllng due wlthin. one ygar Net current 88set8 15 4,628 64.963 49,093 Total assets less current Ilabllitlos 331.963 316,093 Cr•dllors.' Jmounfts falllng du• after more than one year 16 20,000 311,963 20.OOD Net assets 296.093 Funds ol the charlly Resiricled lund5 Uiire51ricled funds R8stateol 2G,004 270.089 27,036 284,927 Total chaiily lund5 17 311.963 296,093 .P.f.f.,¢11 olèlp,'iie.nls w￿￿ ljy Ihe Doèrd of Irbsleps at)d a￿lI70r1$p￿ Ini issige oli ..7....7. . ILh.. .",d AfP signed w beh8if ol t.he board by. Hazel Frear rri-.dburi.r aigafel Reid Chiircli I'larden Tlie noiès Ori p¥ye$ 13 io 19 form part of th¢sè li08rictal slaiemwits. 12 Gateacre Team Ministrles Notes to the Financlal Statements Year endèd 31 December 2023 G8n•ral Inlormatlon The charily is a PLtblic benefil enliiy and a regtslered charity in En9land and Wales and is unincorFK)ral¢d. The address ol Ihe principal office rs 8elle Vale Road, Galeacre. Liverpool, L25 2PQ. statoment of compllance These financial statemenis have been p(eparets in cornpliance wilh FRS 102. 'The Financial Reportinq Standard applicable in the UK and the Republic ol Ireland.. the Sialemenl ol Recommendao Piacbce 8PPticable 10 charities preparing their accounts in accorclanee wilh ihe Finar.cial ReportiTrg standa￿ appliGgble in Ilie UK and Republic ol Ireland {FRS 1021 ICI)afilies SORP IFRS 1021) the Charrfies AGI 2011. Accounting pollcle$ Basls ol prep8ratlctn Ttr.e financial stolefflenls have been prepartd on Ihe hislorical cosl be8lS. 8s modilieo by Ihe r¢valL581ion of cerlain finantixl assets ancl li&bililios and invÈslmeni pioperties measured al lair Value Ihfough iiicom¢ or exp9ndilur8. The fin3n¢i81 slarernents are Prepared in Slefling. whicli Is Ihe luneuonal currency ol (be enlily. Going con¢ern There are no TrFalerial uncertatnlies 8boui the charilv'.g ability to corFlinue. Jtsdgements and key sources of estlmatlon uncert¥lnty Tl)e preparalioii ol the fin¢Jiicial stalemDnls requires managemeS7i lo niake iudgemenls. eslimales and assun?plions Ihal alFeci tl)e amovnls reporte.d. These esiimdles 81)d iudgements are continually rei iewe(t and ale based on expefience aiid olher factors. includir*g expcclalions of liiturts events Ihal arg belleveu 10 be reasonable unclei the cireumsiances. Fund accounting Unrestricièd lurids are aval80￿ Io. usg al Ibe d%scre'.ion of Ihe Ifiislees io lurlber any ol th charily's Pbrpose5. Desi9naleu lunds are unreslricled fun¢s earrnar*ed by Ihe trusiees lor par1iculai fJlure yroiecl 01 comffliimtsni. Resiricled funds are subieclets to 'estii¢iions 011 their expendllur8 declaie(J by tho dono* or ihrougl, Ihe teTfTiS of an appeal grtd fall inlD one of Iwo 51.b-Llass¢5. reslficted income or endoi•4nienl funds. 13 Gateacre Team Minlstries Notes lo thg Financial Statements Icwi&nu•dl Ygar ended 31 December 2023 A¢¢ountlng poll¢les Iconllnu•dJ Incoming resourc•8 All Incoming resources are inclu¢Jed in Ihe slalemenl ol Iinancial attivtlies when enlillemenl has passed lo Ihe chanly. il 15 probablè thal thp economi¢ lyJnefi15 associated Ihe transaction wll flow lo the cnarily and Ihe amL)unl can be rellably mea5Ufed. The lollowing spec¢fic policies are applied lo partFcular calegories ol income.. ifjcome from donations Dr grants is reco9nised when ihere is evidence ol enlitlemenl 10 the ft, receipl is probable and Ils amount Can be measured feliably. legac￿ inccmne is recognised receipl 15 probable and enl¢d&ment Is esiablisned. income from don81ed goods is mea5ureo al Ibe lair value ol the goods unless this Is mpr8clical lo measure reliably. in which case Ihe value Is #eri bed Irorn Ihe c05110 the oonor or itte eslim31ed resale value. t)onaieO lacililies and services are recogniseo in the accounts wI￿n received il Ihe value can be reb8bly measured. No amoLsns are In¢luL5ed lor the ccnlribulioft of general volunteers. Income from contracts for the supply of services is recc*3niseLI wllh Ihe dellvery of ilie coniracted service. Tbis is classrfied as unresiTicled Iviid5 unle55 there is a coniraclLial requirenieni for Il ID he 5peni on a particulèr pvrpose 8nd returned if unsrrtnl in whith Case il may t>& regardea as reslficted. Resources oxponded Expendilb're Is recs)3niseo oft an accruals basis 8s a liability 5s Ir.Ciiired Expe-ndiiLire Includes ans, VAT wliicli chrinoi be '.ully recovered. And Is dAssified linder hetidings cl the 5la1erry￿fi', ol IinarLi#l expeiiuiliire on raisir)u fund5 Indudes Ilie Costs ul all liiiidtaising aclivslie5 eveiiis, p.oi1. r.Iiafilable Ifadliig acllvilip￿. and Ilie sale of doiiale(J gol￿5. expenditLiro on charitable èt.liyilies Inclu#es all COS15 Incurred by a Glarily In unoertaking aciiviti8s inal lurtlier lis r'nartlable aims lor Ihe beiielil ul Ils beneficiaries. Incllbdiiig Iho5e -suppon cosis and <'0sls relaling 10 the gotrees No trustees were p￿d aiiy remuneration. 13. Transfers between lunds Fuiids aro Iransfeired froni Il)e genefal fijnd to the resiflcted lund when required. 14. Tanglble fSxed assets Land and buildings C05t At 1 January 2023 and 31 December 2023 Depre¢lotlon At 1 January 2023 and 31 Docember 2023 Caryln9 amouni At 31 D•¢ember 2023 267.000 267,000 Al 31 Dgc¥mber 2022 267,L>OO 15. Cr•ditor$: amounts falling due within one year 2023 Bank loans and ot erdr8fts 4.628 16. Credliors.. amounts falling dtse after more Ihan one year 2023 2022 Bank loai)s an¢J therdra.15 20.000 17. Analysls gf ¢harilable lunds Unrostrieted funds Restalp.cJ al l January Al 31 Deceniber 2023 Income Expejdilvfe Ger%gral luii(Is 270.089 117890 1 103,0521 284,927 Resialed 81 31 Decernbèr 2U22 Ai 1 Januaiy 2022 Rastaied Income kxpei"ditufe C7eiieral lugds 104 206 188.666 270.089 18 Gateacre Tearn Mlnistrles Notes to the Flnanclal Statements l¢onufvu¢dJ Year ended 31 Dècember 2023 17. Analysls ol chatltable lund$ iconii*JtsedJ Re3tri¢ted funds Reslalod ai 1 Japuary 20 23 At 31 Oecèmber 2023 Iricome Expendilure Re511icle(t Fund 26.00 1,032 27.036 Reslaled al 31 Dècember 2022 Al 1 January 2022 Reslaie Income ExpeEidilure Resifjcled Fun(5 29.248 13,677 116.9211 26.004 18. Analysls ot net assels between lund5 UnrLJslr4cled r-unds Re5trlcled Total Funds Funds 2023 Tangible fixed assets Currer,l 8s5els Creijitors less Ihan 1 year Nel assets 267 000 £2 555 [?4.6281 267,000 69.591 124,628) 311,963 27.036 27,036 Reslaled Reslated Resin¢led Toial Funds funds 2022 rijnds Tanoible Ipxed absels CuiteT)i assets C..etlilo¥s less Iliyn l yeai Not as$els 267.OQO 3,089 267 000 1?4,5791 124.5391 27L oeg 26.004 296.093 19. Financial fn$lrumenl$ -Ihe ￿haT11Y cui.'eiilly holds iiu linanci31 Inslrumefils. 20. Prior yfrar 8djuslments Tl,.g t)ptrtIlTIg reseTVES liave beeri res1iJied lo felleLI ¥ri eTlO[ Iii Il)L 2024 c?CLo￿li1> whfcli lias bvnie lo light ift Itr.e current year. Resificiet5 1','comc wa< jncorreclly Irealed as unresirtcied. resJli*rig in 11)e underslaiemenl ol resliicle(I reserves And overslatimenl ol unresir*Lled teserves In the amount of £743.30 in Ilie ¥ccounls lo 3 1 DÈeen)Dor 2(122. 19 Gateacre Team Minlstrles Management Information Year endod 31 Dacomber 2023 The following pages do not fomi pèrt of the financl¥l statements. 20 Gateacre Team Mlnlstrles Detalled Statement of Financlal Activities Year ended 31 December 2023 2023 2022 In¢ome and endowments Donations and legacies Donallons Gifts Granls re¢elvable Sub5cfiDlions 28.107 8.873 500 860 32.079 7.193 24.151 975 38,340 64.398 Olher tradlng aetlvlile$ Fuiirtraising evenls Hire ol Facil',ties 21.8S6 45,364 6.817 31.876 67.220 38,693 Investment Income Income Ironi inveslnièni propenies Bank Interèst receivable 12.667 696 13.56S 113 13.363 13,678 Other income oitter Incomp. 1.114 Total Income 118.923 '17883 Expendlture Expenditure on cliaritable activliies Repaiis Biid iTiainlFnancè loloi veliicle eypen¥es Legal piplessiDno1 lees Telephone Olh8r cos1$ Ministry Church & cenlre riinning ¢osis Support costs Fundraising cosls 111.511 8908 5 321 .280 900 2.611 161 15,555 60.041 4.181 1.093 1.783 5G n70 3732 249 103,053 105.587 Toial expendilure 103,053 10.*.587 Nei Incomo 15.870 122 21 Gateacre Team Mlnistries Notes to the Dètailed Statement of Financial Activltles Y&ar ended 31 December 2023 2023 2022 Exp¢Ddlturè on ¢harllabl& a¢llviti•s Direct ch•rilab18 acllvitles A¢tivities undertakon directly Repairs 8 mainienance Oulings onli enleriainmenl Telephone Othei GlfKe co$15 Mfjnislry Church & Cenire running eosrs Support costs Fundraising costs 18,511 8.908 2,611 3565 1,285 26,779 56.970 3.732 249 15,555 60.041 4.181 1,093 101.992 102.809 Gov•man¢• Costs Governance EosI$ - 0ccount8ncy lees GoVer[tanr￿ cosis . oiher office cusls 900 161 2.280 498 1.061 2.778 Expenditurè on charitabl• activitie5 103,053 105.587 22