**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|
2
## **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
3
## **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
4
## **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:
1. 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
2. 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
5
## **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|
6
## **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
7
## **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|
8
**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|
9
**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|
10
## **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**
11
## **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.
12