REGISTERED CHARITY NUMBER: 1165744
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
FOR
GATEWAY (YORK) CIO
GATEWAY (YORK) CIO
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
| Page | |
|---|---|
| Report of the Trustees | 1 to 6 |
| Independent Examiner's Report | 7 |
| Statement of Financial Actvites | 8 |
| Balance Sheet | 9 |
| Notes to the Financial Statements | 10 to 19 |
GATEWAY (YORK) CIO
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024
The Trustees present their report with the financial statements of the charity for the period ended 31 March 2024. 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 (York) CIO is the legal structure within which the work of Gateway Church takes place. The activities and achievements of the CIO are largely based on the generous donations of money and time from members of Gateway Church. Throughout this report the names of Gateway (York) CIO and Gateway Church will be used interchangeably. The Gateway Centre is the building out of which the majority of the charity's activities operate.
OBJECTIVES AND ACTIVITIES
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The advancement of the Christian faith for public benefit.
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To provide community facilities in Acomb or other appropriate locations.
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To advance any other charitable purpose in law considered appropriate.
This is worked out through:-
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Gateway Church and its activities including the provision of services to the community
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Supporting Christian work overseas
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Making the Gateway Centre available for community use
The trustees are aware of guidance published by the Charity Commission on Public Benefit and the guidance is taken into account when they review the objectives and activities of the charity.
The trustees facilitate the working out of the objectives of the charity in a variety of ways. One significant responsibility is the management of the Gateway Centre and the activities that take place in and from it. For example
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It is where Gateway Church meets for worship, teaching and prayer.
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It houses services for members of the local community regardless of belief. These include, but are not limited to, groups to facilitate social connection, children's groups, regular events for young people, a York Foodbank storage and distribution point, Christians Against Poverty debt advice service, and the Atrium, which offers a warm space and free food on three days each week.
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It is a facility available to members of the local community. These uses attract some revenue to help fund the costs of running the centre. Restore York (a local housing charity) is hiring a suite of offices at the Gateway Centre. Other services working from the Gateway Centre are given subsidised use of space to assist them in offering services to the community, e.g. Reflect Pregnancy Advice counselling services.
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GATEWAY (YORK) CIO
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024
ACHIEVEMENT AND PERFORMANCE
Gateway Church continues to strive to be a community of people who proclaim and demonstrate the good news of God's kingdom. We seek to join with God as he transforms our community, nation and world. We provide a number services that are of benefit to the local community and beyond. Throughout the financial year, we have sought to continue to serve God's purposes - faithfully preaching the good news, baptising new believers and teaching people to follow Christ.
The monies given by the members of the charity this year have been invested as follows.
| Employment | |
|---|---|
| The individuals who have been in paid employment for Gateway Church this year are: | |
| Caleb Ellwood | Lead Pastor/Elder |
| Joseph O'Neill | Staf Pastor/Elder |
| Wendy Neary | Gateway Centre Operatons Manager |
| Christne Hobson | Church Administrator |
| Sarah Hogben | Children's Work Team Leader |
| Jackie Adie | CAP Centre Manager |
| Mick Roberts | Facilites Assistant |
| Cheryl Diuga | Cleaner |
| Nicola Power | Ofce Cleaner |
| Three employees have moved on to alternatve employment during this fnancial year: | |
| Molly Skaife | Youth Support Worker (up to 31 August 2023) |
| Joy Wong Ho | Hospitality Coordinator (up to 7 July 2023) |
| Ruth Burling | Fundraiser (up to 16 February 2024) |
| Four employees have | started working with us during this fnancial year: |
| Isobel Barthow | Youth Support Worker (started 1 September 2023) |
| Rebecca Ross | Hospitality Coordinator (started 25 September 2023) |
| Isobel Harriss | Cleaner (started 22 February 2024) |
| Emily Smurthwaite | Cleaner (started 24 February 2024) |
We would like to record our thanks to all the staff for their considerable efforts during the last year.
The Ministry of the Church
Gateway Church continues to thrive as a local church, with regular public worship services, weekly small groups for discipleship and fellowship and various groups and ministries. Considerable numbers of people give their time, money and effort to facilitate the work of the church. The trustees would like to acknowledge the vital role that all church members play, and thank all those who have contributed in any way during the last year.
The Gateway Centre
The building that is now the Gateway Centre was acquired in 1997, refurbished, and further extended in 2008/2009. As part of that refurbishment, the Church entered into a mortgage arrangement with the Charity Bank, on which the CIO continues to make payments. The maintenance and running of the Gateway Centre are financed by members' donations but are offset by revenue from venue hire during the year and a number of external grants.
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GATEWAY (YORK) CIO
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024
Organisational development
Following the appointment of two new elders in 2022-2023, the church's leadership further developed with the appointment of three additional deacons in June 2023. Alan Gee, Jenny Herrera, and Sarah Hogben were appointed to serve alongside Faith Turner. These additions coincided with deliberate changes in leadership meeting patterns and decision-making processes to align our practice with the belief that a local church should be led by a team of elders and deacons.
With this renewed team in place, the church members have been invited to participate in a re-envisioning process. During the financial year to 31 March 2024, this has included reviewing and celebrating past achievements, followed by a season of praying and seeking God for future direction. In recent months, the team of elders and deacons has been working through the considerable input from the church membership, working towards a clear and compelling vision for the future.
Services made available by the CIO to the local community:
All of the services we offer are open to all community members, whatever their beliefs. These activities are funded through individual donations and grants, and any shortfall is subsidised directly by the CIO.
Christans Against Poverty Debt Advice Service
The CIO finances the provision of a free debt advice service in association with Christians Against Poverty. Thanks to the hard work of the team involved, we were able to support 36 new clients throughout the year.
Apart from enabling people to tackle their debt, the service offered also helps clients manage their finances in a way that supports their financial stability. In many cases, CAP's intervention has meant that individuals and families have avoided re-possession of their goods, eviction, and homelessness.
Volunteers from Gateway Church provide friendship and support for clients when needed, deliver birthday cards and presents for clients and their children throughout the year. At Christmas members of Gateway Church provided Christmas hampers for the families and individuals who are currently being supported by the service.
Other charities have contributed to the running cost of this valuable service, including York Foodbank.
York Foodbank
Each Monday, members of Gateway Church, together with volunteers from other churches, distribute food in cooperation with the York Foodbank. This includes giving out over three days' worth of food to each family, spending time with clients, offering them refreshment, and signposting them to other organisations/support services as necessary. A stock of food is kept on the Centre's premises, and regular donations are received at the Gateway Centre before being processed at the York Foodbank warehouse.
Lightz
The weekly Friday evening youth group has grown in size throughout the year. It provides a safe place for young people to grow in community with others, be encouraged and supported by a team of youth leaders, and explore the Christian faith.
The Atrium
The Atrium started in September 2022, has continued to run as a hospitality space Monday to Wednesday, 10am-2pm. The Atrium offers free hot and cold drinks, soup, hot sandwiches, and cakes. A friendly team of volunteers spend time talking and befriending those who come to the cafe. They also signpost them to other services that might be useful to them. The Atrium reduces social isolation, relieves poverty by providing warmth and free refreshments and it has proved very popular with the community. Approximately 200 people of all ages attend each week.
Acomb Babies
Each Monday, we provide a place for parents with young babies to meet others at the same stage in life. We consistently find that isolated parents connect with others and make lifelong friendships. Our team comes alongside and supports these parents.
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GATEWAY (YORK) CIO
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024
Chapelfelds Afer School Hangout
Once per week, in the time slot after schools finish, we run a group for children and young people at Sanderson House - a community facility in the Chapelfields neighbourhood. Resourced by staff and volunteers from our youth and children's teams, this group is a place where healthy relationships can be built with young people from various backgrounds. Providing diversionary activities for young people benefits the local community, which often faces high levels of antisocial behaviour.
Community Uses of the Gateway Centre:
The following groups used the Centre during the financial year:
Accessible Arts & Media Acomb Primary School Alcoholics Anonymous Anchor Housing Trust Baby Band Christians Against Poverty City of York Council Community Counselling Electoral Services Family Matters First Aid Training - Woodland Tykes Front Street, Acomb, Regeneration Project Jazzy J's Dance Academy Jon Ward Drumming Joseph Trust 'My Baby Can Dance' program Northern Dance Academy Reflect Pregnancy Advice Service Restore York St Leonard's Hospice Tiny Toes Music U3A Gardening Group Wellbeing Choir Wilf Ward Family Trust York Carers Hub York Opera York Foodbank York Older People's Assembly York Schools and Youth Trust Yorspace
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GATEWAY (YORK) CIO
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024
FINANCIAL REVIEW
The financial year saw room hire requests for the Gateway Centre increase further from £24,746 in 2022-2023 to £31,382 in 2023-2024. This, together with the continuing generosity of the members of Gateway Church and various grants, has meant that the charity's income has been able to continue providing services and activities run by Gateway Church.
The total amount that the charity received in grants and donations this year was £293,203. This was supplemented by £34,663 from Gateway Centre rental and bank interest, giving a total income for the year of £327,866.
The charity's funds are used primarily to meet the costs of operating the Gateway Centre so that it can be made available for community use, as a home for Gateway Church, and to support the Church's varied activities.
Donations and grants of £42,277 were made in the year, £14,735 from unrestricted funds and £27,542 from restricted funds, which include special offerings made by the church community. These donations supported mission work both in this country and overseas, church planting, and meeting community needs.
£7,200 was also given to Christians Against Poverty, with whom the CIO partners to run a debt advice service from the Gateway Centre. This money is used by Christians Against Poverty to provide the legal and financial structure necessary to operate a local debt advice centre. On top of this, the CIO paid for the cost of running the centre locally, i.e. salaries and expenses, and this came to a total of £23,541.
The Statement of Financial Activities shows a total deficit of £22,797 for the year. This however includes £9,508 of restricted funds brought forward which have been utilised in the current year, and £6,420 of repair and maintenance costs met from the designated Building Maintenance fund.
The Trustees acknowledge the remaining deficit of £6,869 and the need to address it in the next financial year. In May 2024 they approached the members of Gateway Church with a renewed Vision statement and strategic plan for the future. This included a request to members to consider a one-off gift and/or an uplift in their regular giving to facilitate the ongoing and future outreach of the church.
Total reserves stand at £957,171 at the year end, with net current assets of £137,416.
RESERVES POLICY
It is the policy of the charity to maintain unrestricted reserves, which are the free current reserves of the charity not invested in tangible fixed assets, at a level which equates to approximately three to six months unrestricted expenditure. At this level, the Trustees feel that they would be able to continue the current activities of the charity.
FUTURE PLANS
Gateway Church will continue to offer its current activities and services, working in partnership with other local charities and organisations.
The re-envisioning process embarked upon in this financial year came to a climax with the presentation of a clear and compelling vision at the Vision Weekend in May 2024. This was followed by an invitation for church members to respond in prayer, serving, and financial giving. This new vision will shape the church's future activity.
RISK MANAGEMENT
The trustees continue to assess the major strategic, business and operational risks which the charity faces and systems are in place to mitigate those risks.
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GATEWAY (YORK) CIO
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Gateway (York) CIO is currently managed by five Trustees and is governed by its constitution. As permitted under the charity's constitution, one of the trustees, Caleb Ellwood, is engaged by the charity as an employee. He does not receive additional remuneration for his role as a trustee.
The charity actively seeks to recruit new Trustees and hopes to have at least one more in place by September 2024.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1165744
Principal address
The Gateway Centre Front Street Acomb York YO24 3BZ
Trustees
Kirsty R Allen David C Donkin Caleb Ellwood Alan Gee
Jean Geraghty (from 11 Sept 2023)
Independent examiner
UHY Calvert Smith Chartered Accountants Heritage House Murton Way Osbaldwick York YO19 5UW
Approved by order of the board of trustees on 9 September 2024 and signed on its behalf by:
D C Donkin - Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF GATEWAY (YORK) CIO
Independent examiner's report to the trustees of Gateway (York) CIO ('the Charity')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024.
Responsibilities and basis of report
As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities 2011 ('the Act').
I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
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:
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accounting records were not kept in respect of the charity as required by section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
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.
H Priest
UHY Calvert Smith Chartered Accountants Heritage House Murton Way Osbaldwick York North Yorkshire YO19 5UW
Date: 9 October 2024
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GATEWAY (YORK) CIO
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024
| Notes INCOME AND ENDOWMENTS FROM Donatons and legacies 2 Charitable actvites Community facilites Investment income 3 Other income Total EXPENDITURE ON Raising funds 4 Charitable actvites Community facilites Christans Against Poverty Church actvites Donatons and giving Chapelfelds Youth Club The Atrium Governance and administraton Total NET INCOME/(EXPENDITURE) Transfers between funds 16 Net movement in funds RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
Unrestricted funds £ 245,571 31,382 3,281 - 280,234 4,356 95,482 19,241 144,914 14,735 331 5,877 8,587 293,523 (13,289) 1,500 (11,789) 944,887 933,098 |
Restricted funds £ 47,632 - - - 47,632 - - 4,300 7,894 27,542 875 16,529 - 57,140 (9,508) (1,500) (11,008) 35,081 24,073 |
2024 Total funds £ 293,203 31,382 3,281 - 327,866 4,356 95,482 23,541 152,808 42,277 1,206 22,406 8,587 350,663 (22,797) - (22,797) 979,968 957,171 |
2023 Total funds £ 348,378 24,746 246 4,600 377,970 2,509 223,300 21,607 113,259 40,275 3,875 9,791 7,268 421,884 (43,914) - (43,914) 1,023,882 979,968 |
|---|---|---|---|---|
The notes form part of these financial statements
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GATEWAY (YORK) CIO
BALANCE SHEET 31 MARCH 2024
| Notes FIXED ASSETS Tangible assets 10 CURRENT ASSETS Stocks 11 Debtors 12 Cash at bank and in hand CREDITORS Amounts falling due within one year 13 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS Amounts falling due afer more than one year 14 NET ASSETS FUNDS 16 Unrestricted funds Restricted funds TOTAL FUNDS |
Unrestricted funds £ 991,524 250 35,288 100,232 135,770 (22,427) 113,343 1,104,867 (171,769) 933,098 |
Restricted funds £ - - 626 23,447 24,073 - 24,073 24,073 - 24,073 |
2024 Total funds £ 991,524 250 35,914 123,679 159,843 (22,427) 137,416 1,128,940 (171,769) 957,171 933,098 24,073 957,171 |
2023 Total funds £ 989,872 250 23,323 180,542 204,115 (27,992) 176,123 1,165,995 (186,027) 979,968 944,887 35,081 979,968 |
|---|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 9 September 2024 and were signed on its behalf by:
D C Donkin - Trustee
A Gee - Trustee
The notes form part of these financial statements
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GATEWAY (YORK) CIO
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable incorporated organisation, 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 as modified by the revaluation of certain assets,
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.
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.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided Fixtures and fittings - 20% on reducing balance
The freehold property was revalued by the Trustees at £975,000 following the completion of the development work in 2009. This revaluation took place in the predecessor entity and therefore the freehold property value in the accounts is referred to as cost.
No depreciation has been provided on the freehold property on the basis of the long life of the asset, and as the estimated residual value is not considered materially different from the carrying value.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Taxation
The charity is exempt from corporation 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.
continued...
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GATEWAY (YORK) CIO
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024
1. ACCOUNTING POLICIES - continued
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
2. DONATIONS AND LEGACIES
| Tithes and oferings Gif aid Grants |
2024 £ 212,975 53,097 27,131 293,203 |
2023 £ 241,678 46,792 59,908 |
|---|---|---|
| 348,378 |
Grants received, included in the above, are as follows:
| Goverment grants Other grants |
2024 £ 3,421 23,710 27,131 |
2023 £ 8,228 51,680 |
|---|---|---|
| 59,908 |
Grants of £2,421 were received in the year in respect of the Government's Holiday Activities and Food programme and The Atrium, and £1,000 from City of York Council Ward funding for the Chapelfields Youth Club.
Included in other grant funding in the prior year was £25,507 of restricted income received in respect of the windows restoration project.
3. INVESTMENT INCOME
| INVESTMENT INCOME | ||
|---|---|---|
| 2024 | 2023 | |
| £ | £ | |
| Deposit account interest | 3,281 | 246 |
continued...
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GATEWAY (YORK) CIO
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024
4. RAISING FUNDS
Raising donations and legacies
| Staf costs 5. GRANTS PAYABLE Donatons and giving |
2024 £ 4,356 2024 £ 42,277 |
2023 £ 2,509 2023 £ 40,275 |
|---|---|---|
6. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
| Depreciaton - owned assets Accountancy and independent examinaton fees Exceptonal renewal costs - Gateway Centre windows |
2024 £ 2,974 2,315 - |
2023 £ 3,502 2,225 123,042 |
|---|---|---|
7. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the period ended 31 March 2024.
As permitted under the charity's constitution, and described in the Trustees' report, Mr C Ellwood was also engaged by the charity during the year an employee. He does not however receive additional remuneration in respect of his role as trustee.
Total salary and employer pension contributions of £45,412 were paid to Mr C Ellwood in the period (2023: £42,862).
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.
continued...
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GATEWAY (YORK) CIO
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024
| 8. STAFF COSTS Wages and salaries Social security costs Other pension costs The average monthly number of employees during the year was as Church actvites (incl. Chapelfelds) Community facilites and administraton Christans Against Poverty Fundraising The Atrium No employees received emoluments in excess of £60,000. 9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES INCOME AND ENDOWMENTS FROM Donatons and legacies Charitable actvites Community facilites Investment income Other income Total EXPENDITURE ON Raising funds Charitable actvites Community facilites Christans Against Poverty Church actvites Donatons and giving Chapelfelds Youth Club The Atrium Governance and administraton Total |
follows: Unrestricted funds £ 264,450 24,746 246 4,600 294,042 2,509 139,451 21,607 113,259 14,327 346 6,128 7,268 304,895 |
2024 £ 184,119 8,732 15,430 208,281 2024 5 4 1 1 1 12 Restricted funds £ 83,928 - - - 83,928 - 83,849 - - 25,948 3,529 3,663 - 116,989 |
2023 £ 155,841 6,751 6,649 169,241 2023 5 3 1 1 - 10 Total funds £ 348,378 24,746 246 4,600 377,970 2,509 223,300 21,607 113,259 40,275 3,875 9,791 7,268 421,884 |
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|---|---|---|---|---|---|---|
continued...
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GATEWAY (YORK) CIO
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024
| 9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD 10. TANGIBLE FIXED ASSETS COST At 1 April 2023 Additons At 31 March 2024 DEPRECIATION At 1 April 2023 Charge for year At 31 March 2024 NET BOOK VALUE At 31 March 2024 At 31 March 2023 11. STOCKS Finished goods |
contnued Unrestricted funds £ (10,853) 955,740 944,887 Freehold property £ 975,000 - 975,000 - - - 975,000 975,000 |
Restricted funds £ (33,061) 68,142 35,081 Fixtures and ftngs £ 142,362 4,626 146,988 127,490 2,974 130,464 16,524 14,872 2024 £ 250 |
Total funds £ (43,914) 1,023,882 979,968 Totals £ 1,117,362 4,626 1,121,988 127,490 2,974 130,464 991,524 989,872 2023 £ 250 |
|
|---|---|---|---|---|
continued...
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GATEWAY (YORK) CIO
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024
| 12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade debtors Gif Aid debtor Prepayments and accrued income 13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Bank loans and overdrafs (see note 15) Social security and other taxes Other creditors 14. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR Bank loans (see note 15) 15. SECURED DEBTS The following secured debts are included within creditors: Bank loans The bank loan is secured by way of a mortgage on the Gateway Centre. |
2024 £ 1,394 28,680 5,840 35,914 2024 £ 14,586 3,220 4,621 22,427 2024 £ 171,769 2024 £ 186,355 |
2023 £ 192 22,020 1,111 23,323 2023 £ 14,014 2,916 11,062 27,992 2023 £ 186,027 2023 £ 200,041 |
|---|---|---|
continued...
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GATEWAY (YORK) CIO
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024
16. MOVEMENT IN FUNDS
| Unrestricted funds General fund Building maintenance Restricted funds Romance Academy Helping Hands Christans Against Poverty Christ Central Church actvites and events Youth Projects Members mission Bless Fund Seed Fund The Atrium Chapelfelds Youth Club Holiday Actvity and Food Programme TOTAL FUNDS Net movement in funds, included in the above are Unrestricted funds General fund Building maintenance Restricted funds Helping Hands Christans Against Poverty Church actvites and events Youth Projects Members mission The Atrium Chapelfelds Youth Club Holiday Actvity and Food Programme Christmas Kindness 2023 TOTAL FUNDS |
Net movement At 1.4.23 in funds £ £ 915,600 (6,869) 29,287 (6,420) 944,887 (13,289) 1,253 - 2,406 (597) 4,552 (3,478) 81 - 6,205 (6,205) - 1,807 1,012 (247) 785 - 750 - 16,250 770 104 125 1,683 (1,683) 35,081 (9,508) 979,968 (22,797) as follows: Incoming resources £ 280,234 - 280,234 - 9,165 - 1,908 284 17,204 1,000 - 18,071 47,632 327,866 |
Transfers between At funds 31.3.24 £ £ 4,626 913,357 (3,126) 19,741 1,500 933,098 - 1,253 - 1,809 - 1,074 - 81 - - - 1,807 - 765 - 785 - 750 (1,500) 15,520 - 229 - - (1,500) 24,073 - 957,171 Resources Movement expended in funds £ £ (287,103) (6,869) (6,420) (6,420) (293,523) (13,289) (597) (597) (12,643) (3,478) (6,205) (6,205) (101) 1,807 (531) (247) (16,434) 770 (875) 125 (1,683) (1,683) (18,071) - (57,140) (9,508) (350,663) (22,797) |
|---|---|---|
continued...
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GATEWAY (YORK) CIO
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024
16. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Unrestricted funds General fund Windows restoraton designated fund Building maintenance Restricted funds Romance Academy Helping Hands Christans Against Poverty Christ Central Church actvites and events Members mission Bless Fund Dayspring Academy School Bus Seed Fund Helping Hands (Covid) Windows restoraton fund Madagascar famine The Atrium Chapelfelds Youth Club Holiday Actvity and Food Programme TOTAL FUNDS |
At 1.4.22 £ 915,740 40,000 - 955,740 1,253 850 1,716 - - 1,874 785 50 750 2,489 58,251 124 - - - 68,142 1,023,882 |
Net movement in funds £ 29,053 (39,193) (713) (10,853) - (290) 2,836 81 6,205 (862) - (50) - (643) (58,251) (124) 16,250 104 1,683 (33,061) (43,914) |
Transfers between funds £ (29,193) (807) 30,000 - - 1,846 - - - - - - - (1,846) - - - - - - - |
At 31.3.23 £ 915,600 - 29,287 944,887 1,253 2,406 4,552 81 6,205 1,012 785 - 750 - - - 16,250 104 1,683 35,081 979,968 |
|---|---|---|---|---|
continued...
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GATEWAY (YORK) CIO
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024
16. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Windows restoraton designated fund Building maintenance Restricted funds Helping Hands Christans Against Poverty Christ Central Church actvites and events Members mission Dayspring Academy School Bus Helping Hands (Covid) Windows restoraton fund Ukraine fund Madagascar famine The Atrium CK2022 Malawi Project Chapelfelds Youth Club Holiday Actvity and Food Programme TOTAL FUNDS |
Incoming resources £ 294,042 - - 294,042 - 11,722 81 6,205 44 (50) (643) 25,598 1,605 (124) 17,000 14,261 3,633 4,596 83,928 377,970 |
Resources Movement expended in funds £ £ (264,989) 29,053 (39,193) (39,193) (713) (713) (304,895) (10,853) (290) (290) (8,886) 2,836 - 81 - 6,205 (906) (862) - (50) - (643) (83,849) (58,251) (1,605) - - (124) (750) 16,250 (14,261) - (3,529) 104 (2,913) 1,683 (116,989) (33,061) (421,884) (43,914) |
|---|---|---|
The notes above set out the restricted grants received and utilised in this and the prior year. The balances carried forward relate to funding which has not been utilised for the restricted purpose at the balance sheet date.
Special offerings:
The church community regularly make specific offerings to support particular needs and causes, as well as making general contributions to support the charity's activities. Such offerings are classified as restricted funds. These have included the following in the year:
Helping Hands
Donations made to Helping Hands are used to provide support and aid for local community need.
Members Mission Oferings
Donations to individuals who are undertaking support missions and outreach activities.
Christans Against Poverty (CAP York)
Donations given to support the work of the CAP Centre in York specifically. It can be used to support clients with emergency funding and food, to run events for clients, as well as running costs and salary costs for CAP York employees. Funds received in this and the prior year include £7,200 grant funding from York Foodbank.
continued...
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GATEWAY (YORK) CIO
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024
16. MOVEMENT IN FUNDS - continued
Christmas Kindness 2023
Donations to help support International Justice Mission's work in the Philippines.
Church events and actvites
Special offerings made to support church events and activities, including Church Weekend Away and attending Newday events.
Other restricted grant funded activities:
Chapelfelds Youth Club
Grant funding received for running sessions at Chapelfields Youth Club.
The Atrium
The Atrium provides a safe space for people to connect with others, with the Gateway Centre opened for three sessions a week providing free refreshments and leisure opportunities. The restricted fund balance relates to restricted grant funding received to support its staff and running costs.
Holiday Actvity and Food Programme
Funding received under the government programme to provide food and activities for children during school holiday periods.
Building maintenance designated fund:
The trustees designated £30,000 of general funds in the prior year in respect of the future maintenance and repair costs of the Gateway Centre. This has been partly utilised in the year.
Transfers between funds
Transfers between funds in the year relate to capital expenditure met from restricted or designated funds.
17. RELATED PARTY DISCLOSURES
The trustees make donations to the charity in their capacity as members of the Gateway Church community. Total donations to the charity from the trustees in the year was £28,920 (2023 - £21,742).
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