2021-03-31-accounts - Gateway Support Group

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Gateway Support Group (GSG) Report and Financial Statements For the Period Ended 31 March 2021 Charity Number: 1169183

STONEBRIDGE ACCOUNTANTS 19A CHORLEY OLD ROAD LANCASHIRE BOLTON BL1 3AD

Gateway Support Group (GSG)

Contents Summary

For The Period Ending 31 March 2021

Contents	Page
Legal and administration information	3
Report of the trustees	4
Report of the independent examiner	5
Statement of financial activities	6
Balance sheet	7
Notes forming part of the financial statements	8 - 12

Gateway Support Group (GSG)

Legal and Administration Information

For The Year Ending 31 March 2021

Trustees

Trustees
Name	Office
Abdi Aden Khalif	Chairman
Fatimahani Abdi Aden		Appointed 01/09/2020
Aden Khalif Mohamud		Appointed 01/09/2020
Ali Idle Hirey		Resigned 31/08/2020
Abdirashid Mohamud Ahmed		Resigned 31/08/2020

Independent Examiner

Stonebridge Accountants & Business Advisors 19A Chorley Old Road Bolton Lancashire BL1 3AD

Gateway Support Group (GSG)

Report of the Trustees

For The Period Ending 31 March 2021

Statement of the Trustees' Financial Responsibilities

The Trustees are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Charity Law requires the Trustees to prepare financial statements and statements of assets and liabilities for each financial year which give a true and fair view of the state of affairs of the charity and of its financial activities for that period together with its assets and liabilities at the end of the period and adequately distinguish any material special trust or other restricted fund of the charity. In preparing those financial statements the trustees are required to:

Select suitable accounting policies and apply them consistently
Observe the methods and principles in Charities SORP
Make judgements and estimates that are reasonably prudent
State whether applicable accounting standard have been followed, subject to any material departures disclosed and explained in the financial statements, and
Prepare the financial statements on a going concern basis unless it is inappropriate to presume that GSG will continue in business.

The Trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the constitutions. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by the Trustees of Gateway Support Group and signed on its behalf by:

Abdi Khalif Chairman

Date: 30th November 2021

Gateway Support Group (GSG)

Independent Examiner's Report to the Gateway Support Group.

We report on the accounts of the Trust for the period ended 31 March 2021, which are set out on pages 8 to 14.

Respective responsibilities of the Trustees and Independent Examiner

The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is our responsibility to:

examine the accounts (under section 145 of the 2011 Act);
to follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 145(5)(b) of the 2011 Act); and
to state whether particular matters have come to our attention.

Basis of Independent Examiner's Report

Our examination was carried out in accordance with the General Directions given by the Charity Commissioners.

An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records.

It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as Trustees concerning any such matters.

The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion or otherwise as to whether the accounts present a "true and fair view"; and the report is limited to those matters set out in the statement below.

Independent Examiner's Statement

In connection with our examination, no matter has come to our attention:

Which gives us reasonable cause to believe that, in any material respect, the requirements:
(a) to keep accounting records in accordance with section 130 of the 2011 Act; and
(b) to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been met; or
To which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

__________ Honorary Independent Examiner

Faruk Patel FFA FFTA

Stonebridge Accountants 19a Chorley Old Road Bolton BL1 3AD

30th November 2021

Gateway Support Group (GSG)

Statement of Financial Activities

For The Period Ending 31 March 2021

Notes Incoming resources Incoming resources from generated funds Donations Received 3 Grants 3 Other incoming resources Total incoming resources Resources expended Charitable Activities 4 Total resources expended Net Movement in Funds Total Funds Brought Forward Total Funds Carried Forward	Unrestricted funds £ 320 - - 320 1,394 1,394 (1,074) 1,080 6	Restricted income funds £ - 58,797 - 58,797 42,373 42,373 16,424 6,555 22,979	2021 Total £ 320 58,797 - 59,117 43,767 43,767 15,350 7,635 22,985	2020 Total £ - 9,992.00 -
				9,992
				7,699 -
				7,699
				2,293 5,342
				7,635

Gateway Support Group (GSG)

Balance Sheet as at 31 August 2020

Notes Fixed Assets Tangible assets 7 Total Fixed Assets Current Assets Debtors and Prepayments 8 Cash at bank and in hand Total Current Assets Creditors: amounts falling due within one year 9 Net Current Assets Net Assets Funds of the Charity Restricted funds Unrestricted funds Total Funds	Unrestricted funds £ - - - - - - - - - 6 6	Restricted income funds £ 2,954 2,954 - 20,031 20,031 - 20,031 22,985 22,979 - 22,979	2020 Total £ 2,954 2,954 - 20,031 20,031 - 20,031 22,985 22,979 6 22,985	2019 Total £ -
				-
				- -
				-
				-
				-

				-
				- -
				-

Signed on behalf of all the trustees on

Abdi Khalif

Gateway Support Group (GSG)

Notes forming part of the Financial Statements

For The Period Ending 31 March 2021

1. Principal Accounting Policies (a) Basis of accounting These accounts have been prepared on the basis of historical cost (except that investments are shown at market value) in accordance with Accounting Standards and with the Charities Act 2011.

(b) Change in basis of accounting There has been no change to the accounting policies (valuation rules and methods of accounting) since last year. (c) Changes to previous accounts No changes have been made to accounts for previous years.

2.	Accounting policies
	INCOMING RESOURCES
	Recognition of incoming	These are included in the Statement of Financial Activities (SoFA) when:
	resources	- the charity becomes entitled to the resources;
		- the trustees are virtually certain they will receive the resources; and
		- the monetary value can be measured with sufficient reliably.
	Incoming resources with	Where incoming resources have related expenditure (as with fund raising or contract
	related expenditure	income) the incoming resources and related expenditure are reported gross in the SoFA.
	Grants and donations	Grants and donations are only included in the SoFA when the charity has unconditional
		entitlement to the resources.
	Tax reclaims on	Incoming resources from tax reclaims are included in the SoFA at the same time as the
	donations and gifts	gift to which they relate.
	Gifts in kind	Gifts in kind are accounted for at a reasonable estimate of their value to the charity or
		the amount actually realised.
		Gifts in kind for sale or distribution are included in the accounts as gifts only when sold
		or distributed by the charity.
		Gifts in kind for use by the charity are included in the SoFA as incoming resources
		when receivable.
	Donated services and	These are only included in incoming resources (with an equivalent amount in resources
	facilities	expended) where the benefit to the charity is reasonably quantifiable, measurable and
		material. The value placed on these resources is the estimated value to the charity of the
		service or facility received.
	Volunteer help	The value of any voluntary help received is not included in the accounts but is described
		in the trustees' annual report.
	Investment income	This is included in the accounts when receivable.
	Investment gains and	This includes any gain or loss on the sale of investments and any gain or loss resulting
	losses	from revaluing investments to market value at the end of the year.
	EXPENDITURE AND LIABILITIES
	Liability recognition	Liabilities are recognised as soon as there is a legal or constructive obligation
		committing the charity to pay out resources.
	Governance costs	Include costs of the preparation and examination of statutory accounts, the costs of
		trustee meetings and cost of any legal advice to trustees on governance or constitutional
		matters.
	Support costs	Support costs include central functions and have been allocated to activity cost
		categories on a basis consistent with the use of resources, e.g. allocating property costs
		by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
	ASSETS
	Tangible fixed assets for	These are capitalised if they can be used for more than one year, and cost at least £250.
	use by charity	They are valued at cost or, if gifted, at the value to the charity on receipt.
	Investments	Investments quoted on a recognised stock exchange are valued at market value at the
		year end. Other investment assets are included at trustees' best estimate of market value.
	Depreciation	Tangible assets are stated at cost less depreciation. Depreciation is provided at rates
		calculated to write off the cost less estimated residual value of each asset over its
		expected useful life, as follows:
		Office Equipment 20% Straight line
		Equipment & Furnishings 10% Straight line

Gateway Support Group (GSG)

Notes forming part of the Financial Statements

For The Period Ending 31 March 2021

3. Voluntary income

Voluntary income
Donations Received National Lottery Community Fund BBC Children in Need COVID-19 Community Led Recovery Scheme Other Grants	Unrestricted funds £ 320 - 320	Restricted income funds £ - 17,947 30,850 10,000 58,797	2021 Total £ 320 - 17,947 - 30,850 - 10,000 - 59,117	2020 Total £ - 9,992
				9,992

Gateway Support Group (GSG)

Notes forming part of the Financial Statements

For The Period Ending 31 March 2021

4. Charitable activities

Charitable activities
Rentals & Venue hire Equipment Insurance Office Expenses Other project costs Professional Fees Repairs & Maintenance Staffing Sundry Expenses Teaching resources & Training Utilities & Telephone bill Volunteer Expenses Waste Management	Unrestricted £ - - - 344 600 - - - - - 450 - 1,394	Restricted £ - - 418 2,700 1,936 10 1,168 32,001 487 1,314 1,630 520 190 42,373	2021 Total £ - - 418 3,043 2,536 10 1,168 32,001 487 1,314 1,630 970 190 43,767	2020 Total £ - - 418 442 - - 363 4,240 - 1,705 530.00 -
				7,699

Gateway Support Group (GSG)

Notes forming part of the Financial Statements

For The Period Ending 31 March 2021

5. Details of certain items of expenditure

7.1 Trustee expenses

Trustees are not remunerated for their services and there were no out of pocket expenses paid this year.

6. Paid Employees 8.1 Staff costs

Paid Employees 8.1 Staff costs
Gross wages and salaries Employer's national insurance costs Employer's pension costs Redundancy costs 8.2 Average number of employees in Charitable Activities Tangible fixed assets Cost At 1 April 2020 Disposals Additions At 31 March 2021 Depreciation At 1 April 2020 Charge for year Additions At 31 March 2021 Net book value At 31 March 2021 At 31 March 2021	the year. £ - - - - - - - - 0 0	£ - - - - - - - - 0 0	Office Equipment £ - - 2,954 2,954 - - - - 2,954 0	2021 £ 32,001 0 0 - 32,001 2021 5 Equipment & Furnishings £ - - - - - - - - 0 0	2020 £ 4,240 0 0 -
					4,240
					2020 1 Total £ - - 2,954
					2,954
					- - -
					-
					2,954
					0

7. Tangible fixed assets

Gateway Support Group (GSG)

Notes forming part of the Financial Statements

For The Period Ending 31 March 2021

8. Debtors and Prepayments Debtors Other Debtors Prepayments 9. Creditors: amounts falling due within one year Accruals Other Creditors Creditors	2021 £ 0 0 0 0 2021 £ - - - -	2020 £ 0 0 0
		0
		2020 £ - - -
		-

No person or organisation holds any security over the assets of the society.