Gateway Support Group (GSG) Report and Financial Statements For the Period Ended 31 March 2022 Charity Number: 1169183
Document ID: 1232b363-5df6-4020-8892-2791788ef573
Gateway Support Group (GSG)
Contents Summary
For The Period Ending 31 March 2022
| 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 |
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Document ID: 1232b363-5df6-4020-8892-2791788ef573
Gateway Support Group (GSG)
Legal and Administration Information
For The Year Ending 31 March 2022
| Trustees | |
|---|---|
| Name | Office |
| Abdi Aden Khalif | Chairman |
| Fatimahani Abdi Aden | |
| Aden Khalif Mohamud |
Independent Examiner
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Document ID: 1232b363-5df6-4020-8892-2791788ef573
Gateway Support Group (GSG)
Report of the Trustees
For The Period Ending 31 March 2022
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:
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Select suitable accounting policies and apply them consistently
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Observe the methods and principles in Charities SORP
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Make judgements and estimates that are reasonably prudent
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State whether applicable accounting standard have been followed, subject to any material departures disclosed and explained in the financial statements, and
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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: 12/07/2022
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Document ID: 1232b363-5df6-4020-8892-2791788ef573
Gateway Support Group (GSG) INDEPENDENT EXAMINIER'S REPORT YEAR ENDED 31ST MARCH 2022
I report on the accounts for the year ended 31st March 2022 set out on pages five to nine.
Respective responsibilities of trustees and examiner
The Charity's Trustees are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my 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 Commission (under Section 145(5)(b) of the 2011 Act); and
- to state whether particular matters have come to my attention.
Basis of the independent examiners report
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that, in any material respect, the requirements
- to keep accounting records in accordance with section 130 of the 2011 Act; and
-to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or
(2) to which, in my opinion, attention should be draw in order to enable a proper understanding of the accounts to be reached.
Cecilia Asamoah ACCA
Cangaf Accountant & Business Advisers 235 Tonge Moor Road Bolton BL2 2HR
Signed : C Asamoah
Date : 14th October 2022
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Document ID: 1232b363-5df6-4020-8892-2791788ef573
Gateway Support Group (GSG)
Statement of Financial Activities
For The Period Ending 31 March 2022
| 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 £ 1,770 - - 1,770 2,071 2,071 (301) 6 (295) |
Restricted income funds £ - 85,334 - 85,334 86,977 86,977 (1,643) 22,979 21,336 |
2022 Total £ 1,770 85,334 - 87,104 89,048 89,048 (1,944) 22,985 21,041 |
2021 Total £ 320 58,797.00 - 59,117 43,767 - 43,767 15,350 7,635 22,985 |
|---|---|---|---|---|
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Document ID: 1232b363-5df6-4020-8892-2791788ef573
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 Signed on behalf of all the trustees on |
Unrestricted funds £ - - - - - - - - - (295) (295) |
Restricted income funds £ 3,363 3,363 - 17,678 17,678 - 17,678 21,041 21,336 - 21,336 |
2022 Total £ 3,363 3,363 - 17,678 17,678 - 17,678 21,041 21,336 (295) 21,041 (0) |
2021 Total £ 2,954 2,954 - 20,031 20,031 - 20,031 22,985 22,979 6 22,985 (0) |
|---|---|---|---|---|
Abdi Khalif
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Document ID: 1232b363-5df6-4020-8892-2791788ef573
Gateway Support Group (GSG)
Notes forming part of the Financial Statements
For The Period Ending 31 March 2022
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 |
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Document ID: 1232b363-5df6-4020-8892-2791788ef573
Gateway Support Group (GSG)
Notes forming part of the Financial Statements
For The Period Ending 31 March 2022
| 3. Voluntary income Donations Received National Lottery Community Fund BBC Children in Need COVID-19 Community Led Recovery Scheme Other Grants |
Unrestricted funds £ - 1,770 1,770 |
Restricted income funds £ - 54,484 30,850 85,334 |
2022 Total £ - - 54,484 - 30,850 - - - 1,770 - 87,104 |
2021 Total £ 320 - 17,947 - 30,850 - 10,000 59,117 |
|---|---|---|---|---|
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Document ID: 1232b363-5df6-4020-8892-2791788ef573
Gateway Support Group (GSG)
Notes forming part of the Financial Statements
For The Period Ending 31 March 2022
4. 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 Depreciation |
Unrestricted £ - - 24 316 600 530 10 591 2,071 |
Restricted £ - - 624 2,482 325 595 80,304 690 1,617 340 86,977 |
2022 Total £ - - 624 2,506 641 - - - 1,195 - 80,834 - - - 690 - 1,617 - 350 - 591 - 89,048 |
2021 Total £ - - 418 3,043 2,536 10 1,168 32,001 487 1,314 1,630 970.00 190 43,767 |
|---|---|---|---|---|
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Document ID: 1232b363-5df6-4020-8892-2791788ef573
Gateway Support Group (GSG)
Notes forming part of the Financial Statements
For The Period Ending 31 March 2022
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
| Gross wages and salaries Employer's national insurance costs Employer's pension costs Redundancy costs 8.2 Average number of employees in the year. Charitable Activities |
2022 £ 80,834 0 0 - 80,834 2022 3 |
2021 £ 32,001 0 0 - 32,001 2021 1 |
|---|---|---|
7. Tangible fixed assets
| Cost At 1 April 2021 Disposals Additions At 31 March 2022 Depreciation At 1 April 2021 Charge for year Additions At 31 March 2022 Net book value At 31 March 2022 At 31 March 2022 |
£ - - - - - - - - 0 0 |
£ - - - - - - - - 0 0 |
Office Equipment £ 2,954 - 1,000 3,954 - 591 - 591 3,363 3,363 |
Equipment & Furnishings £ - - - - - - - - 0 0 |
Total £ 2,954 - 1,000 3,954 - 591 - 591 3,363 3,363 |
|---|---|---|---|---|---|
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Document ID: 1232b363-5df6-4020-8892-2791788ef573
Gateway Support Group (GSG)
Notes forming part of the Financial Statements
For The Period Ending 31 March 2022
| 8. Debtors and Prepayments Debtors Other Debtors Prepayments 9. Creditors: amounts falling due within one year Accruals Other Creditors Creditors |
2022 £ 0 0 0 0 2022 £ - - - - |
2021 £ 0 0 0 0 2021 £ - - - - |
|---|---|---|
No person or organisation holds any security over the assets of the society.
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Document ID: 1232b363-5df6-4020-8892-2791788ef573
Completed Document Audit Report
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Title: Gateway Support Group Charity Account
Document ID: 1232b363-5df6-4020-8892-2791788ef573
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Files
Gateway Support Group Charity Account.pdf
Dec 01, 2022 12:23:57 UTC
Activity
| Cangaf Accountants & | ||
|---|---|---|
| Business Advisers | created the document | Dec 01, 2022 |
| IP: 86.145.230.249 | 12:24:27 UTC | |
| Cangaf Accountants & | ||
| Business Advisers | re-sent the document to | |
| info@gatewaysupport.org.uk | Dec 01, 2022 | |
| IP: 86.145.230.249 | 12:27:34 UTC | |
| Ali | first viewed document | Dec 01, 2022 |
| IP: 86.161.8.9 | 13:46:40 UTC | |
| Ali | signed the document | Dec 07, 2022 |
| IP: 213.205.216.75 | 07:33:30 UTC |
Document ID: 1232b363-5df6-4020-8892-2791788ef573