Registered Charity Number 1173971
GATEWAY M40
TRUSTEES ANNUAL REPORT AND UNINSPECTED ACCOUNTS
YEAR ENDED 31 DECEMBER 2021
GATEWAY M40
GENERAL INFORMATION
TRUSTEES Christopher Fallone Stuart Armstrong-Marshall Simon Fox Edward Roberts Qutubuddin Chasma (appointed October2021) CHARITY NUMBER 1173971 GOVERNING CIO - FOUNDATION DOCUMENT (27 JUL 2017) REGISTERED The Newton Suite OFFICE Wilsons Park Monsall Road Manchester M40 8WN BANKERS CAF Bank Ltd 25 Kings Hill Avenue Kings Hill, West Malling Kent ME19 4JQ INDEPENDENT Geoffrey Kwakye-Donkor Bcom, FCCA 25 EXAMINER ROKNOD Accountants Chartered Certified Accountants Office No.1 City View Offices 99 Long Street Manchester M24 6UN
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GATEWAY M40 TRUSTEE’S REPORT YEAR ENDED 31[ST] DECEMBER 2021
The trustees present their report along with the audited financial statements of Gateway M40 for the year ended 31 December 2021. The trustees confirm that the annual report and financial statements comply with the Charities Act 2011, the requirements of the charity’s governing document, and 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 2015) as amended in February 2016.
History
Gateway Debt Advice began in May 2016 as small project based at the Church of the Saviour, Collyhurst, North Manchester. It was to provide a locally known and safe place where people could receive free debt advice to help them make a fresh start free of debt. In July 2017 Gateway Debt Advice was constituted as a CIO, Charitable Incorporated Organisation, under the name Gateway M40 – the local postcode designation. In June 2020 Gateway M40 moved its base of operations from Church of the Saviour, which could no longer accommodate the growing needs of the charity, to offices in Wilsons Park, Monsall still within the postcode area.
Governance
Gateway M40 is a Charitable Incorporated Organisation governed by its articles of constitution. Up to 3 but no less than 2 trustees are nominated by the Parochial Church Council (PCC) of Church of the saviour and up to two but no less than one trustee is appointed by the board.
The day-to-day operations of Gateway M40 are delegated to staff and volunteers.
Objects
The purposes of Gateway M40 as set out in its constitution are:
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The prevention or relief of poverty in the Archdeaconry of Manchester by providing grants, items and services to individuals in need and other organisations working to prevent or relieve poverty.
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To advance the education of the public in the Archdeaconry of Manchester in money management, budgeting, growing and cooking food and computer skills to enable them to develop their capacity and skills in such a way that they are better able to identify, and help meet, their needs and to participate more fully in society.
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GATEWAY M40 TRUSTEE’S REPORT YEAR ENDED 31[ST] DECEMBER 2021 (continued)
Activities
The core activity of Gateway M40 is to offer free to client debt advice to help them become free of debt. The advice offered considers all options for debt resolution and how they might best serve each individual client. It is always the client’s choice as to which option is taken. It is part of our service to help clients maximise their income and minimise their expenditure. This involves help with budget creation, benefit checks and signposting to other services that might help. We work with partners to deliver a food pantry service and manage a food and fuel poverty voucher scheme. The guidance contained in the Charity Commission’s general guidance on public benefit is referred to when reviewing the objectives and activities of Gateway M40 and in planning future activities. The Trustees consider that the charity’s current activities provide public benefit in accordance with that guidance.
Achievement and Performance
At the beginning of the year (2021) the country was still very much in the grip of Covid-19 and its various lockdown consequences. Fortunately, we were able to build on our hybrid working which had begun in 2020 and continued to serve our clients through these tough times. As Covid restrictions began to ease we carefully returned to face to face services and we began to feel the financial impact these testing times had had not just on the most poor and vulnerable but on a diverse socio-economic range of people and families. We saw many more clients struggling with utility bills, rents and mortgages, we noticed a rise in tenancies under threat, an increase in statutory deductions from Universal Credit payments compounded further by the removal later in the year of the £20 top up. The lifting of the moratoria on debts was followed by a renewed forcefulness from creditors as they sought to recover outstanding amount. Clients are most often vulnerable and present with multiple and complex needs. We have noticed an increase in numbers presenting with significant mental health concerns and not uncommonly with suicidal ideation. Our face to face services are vitality important to our clients and we are the only debt advisory service in North Manchester providing this. Unsurprisingly all of this means we have seen a marked increase in the number of clients asking for our services not to mention the spike in levels of anxiety and fear.
Gateway has settled well into its new offices in Wilsons park which allow us to have a spacious open plan office for staff and volunteers and two separate offices for quiet working, interviewing clients and small meetings. We now have some provide some Gateway M40 services in 4 different community hubs across North Manchester often working alongside other service providers. We have provided parental referral routes to our services in local schools, spoke to over 300 clients referred through a pilot scheme with local GP’s and we have provided debt awareness training for DWP work coaches and NHS community workers.
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GATEWAY M40 TRUSTEE’S REPORT YEAR ENDED 31[ST] DECEMBER 2021 (continued)
We continue to work with The Bread and Butter Thing to offer a weekly food pantry which serves between 50 and 60 families each week – 52 weeks a year. Through this scheme we have been able to create a volunteer pathway that introduces people to different ways to volunteer with Gateway and when circumstances allow employment. This year we welcomed two such volunteers on to Gateways part time payroll. Also in this year we were fortunate enough to receive the funding to continue as agents for the distribution of fuel voucher with over 1500 clients receiving them.
The services Gateway delivers come face to face with real life stories of anguish, physical suffering and sometimes great sadness and tragedy. The trustees are inexpressibly grateful to our staff and volunteers who show such resilient compassion and genuine commitment to those who come to us for help. Without them what Gateway achieves simply could not be done – unsung heroes one and all.
Firstly, I'd like to say a massive thank you. I got a recommendation from someone in my treatment centre that there was a company that may have been able to help me with my debts and I was put onto yourself. I couldn't have imagined how helpful and how resourceful you have been. I started my journey in treatment and I got nothing but help ease of mind and support. This then continued when I got out of treatment as you have hugely helped me in helping deal with my debts relieving my stress and being all round a kind and caring person and this will not be forgotten. You have been able to help resolve all my issues you have been prompt and made the process so easy. I will never forget all you've done and the gratitude I feel is immense. I would highly recommend yourself and company to others moving forward and because of what you have done I can see a future for myself without being burdened by my debts. This journey has been simple and effective, and you have done so much for me. Myself and my family will forever be grateful. Without you I'd be in a mess but because of you I now feel I can focus on my life and forget about my past mistakes. I always know I can contact you if I'm worried or have issues and what you do for people for no personal gain to self is outstanding. Many thanks for everything you have done and continue to do for people . Mr R aged 33
I can’t tell you what a blessing the help and support Gateway has given me. The kindness alone has been humbling and I have cried with relief at being able to put food in my fridge having struggled with my debts. Once Gateway took over I have been able to sleep and - you have been a lifeline and I don’t think I would be here without you. Miss S aged 50
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GATEWAY M40
TRUSTEE’S REPORT YEAR ENDED 31[ST] DECEMBER 2021 (continued)
The difference we make:
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Over 5,000 people helped in the last 12 months
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Spoke to approximately 30 people a day providing advice and support
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Attended 20 events giving information
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£1.3 million of new debt under management
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£1 million increase in incomes to clients
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3,000 households served with food support
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1,500 households issued with fuel vouchers
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150 Santa sacks delivered to children in need
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Our website at its peak was receiving 500 hits a week
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Our social media presence reached over 1000 followers
During the years we worked with 230 clients in debt. Of these 4 have withdrawn from the debt advice process and 73 have been resolved
Debt resolutions included:
| • | Bankruptcies, | 4 |
|---|---|---|
| • | Debt Relief Orders, | 29 |
| • | Debt Management Plans | 10 |
| • | Partial Write Offs | 3 |
| • | Full Write Offs | 4 |
| • | Successfully challenged as inappropriate debt claim | 20 |
| • | Token Payments / Full and Final offers | 4 |
Gateway continues to networks with a wide range of different strategic committees and service providers. The close relationship we enjoy across these networks ensures a caring and holistic approach to client needs that recognises that while debt and poverty have dire consequences for individuals and families they often arise from or are exacerbated by a more complex context and set of needs.
As we reach the end of the year, we are grateful the Gateway team whether employee, volunteer or trustee have been able to meet the growing need in North Manchester around poverty, debt and welfare benefit. We are grateful too for the different ways we have networked with partner agencies to help provide more wholistic responses to ever more complex needs. As we look to the future we do so on the one hand optimistically that all this good work will continue for yet another year but deeply concerned that our sense is that things are going to get more difficult for even more people in the years/s to come. Gateway, we think, is going to have to rise to even greater challenges and to do that we must ensure a stable financial base to the charity.
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GATEWAY M40 TRUSTEE’S REPORT YEAR ENDED 31[ST] DECEMBER 2021 (continued)
Financial Review
Total incoming resources for the year amounted to £99,150.89 (2020 £190,686.98) and resources expended were £300,876 (2020 £141,462.97). The cash balance at the end of the year is £99,150.89 (2020 £89,838.66). Last year the Charity's income passed the Receipts and Payments threshold and therefore changed from Receipts and Payment accounts to Accrual Accounting. Presented below are simple receipts and payments and inspected accounts can be viewed in the separate accounts document
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GATEWAY M40 TRUSTEE’S REPORT YEAR ENDED 31[ST] DECEMBER 2021 (continued)
Trustee Responsibilities
The trustees are legally responsible for preparing the annual report and the financial statements. Charity law requires the trustees to keep accounting records in accordance with section 130 of the 2011 Act. Using the guidance of said act the trustees have prepared their account using receipts and payments and consider that an audit is not required and that an independent examination is needed.
The trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources. The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charities transactions and 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 Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Trustees
The trustees who served during the year were:
Christopher Fallone (Chair) Stuart Armstrong-Marshall Simon Fox Edward Roberts Qutubuddin Chasma
Chris Fallone (Chair of Trustees) 28[th] September 2022
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GATEWAY M40
STATEMENT OF FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
Charity Registration Number 1173 971
INDEPENDENT EXAMINER'S REPORT TO GATEWAY M40
CHARITY REG. NO. 1173 971
I report on the accounts of the trust for the year ended 31 December 2021 which are set out on pages 1 and 2
Respective responsibilities of Trustees and examiner
As the Charity's trustees, you are responsible for the preparation of the accounts; you consider that the audit requirement of section 144 of the Charities 2011 act (the Act) does not apply.
It is my responsibility to:
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-examine the accounts (under section 145 of the Charities Act);
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-follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 145(5)(b) of the Charities Act); and -state whether particular matters have come to our attention.
Basis of independent examiner's statement
My 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 a consideration of any unusual items or disclosures in the accounts ,and seeking explanations from the 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 on the accounts.
Independent examiner's statement
In connection my examination, no matter has come to my attention.
-
1 which gives us reasonable cause to believe that in any material respect the requirements:
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to keep accounting records in accordance with section 130 of the Charities Act; and
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-to prepare accounts which accords with the accounting records and comply
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with the accounting requirements of the Act have not been met;
2 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Geoffrey Kwaky- Donkor ( FCCA) ROKNOD Accountants Chartered Certified Accountants Office No.1 City View Offices 99 Long Street Manchester M24 6UN
GATEWAY M40 PROFIT AND LOSS ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2021
| CHARITY NO. 1173 971 INCOMING RESOURCES (Note 3) Lottery Arms Trust Manchester City Council CSA Big Local NHS M/cr Active TII Wev Love Manchester Forever Manchester CAF Bank National Lottery Peter Kershaw Tudor Trust Auriga Energy Scheme Retail Trust Deposit into CAF Gold Account Reimbursement receipts Grant Donations CMA SIPP Creative Stream Refund Miscellaneous Receipts TOTAL INCOMING RESOURCES |
Restricted Unrestricted Income Endowment Total Total Funds Funds Funds 2021 2020 105,080 - - 105,080 0 10,000 - - 10,000 10,000 6,163 - - 6,163 - 10,000 - - 10,000 - 8,000 - - 8,000 - 2,000 - - 2,000 10,000 - - - - 1,194 - - - - 2,900 18,531 - - 18,531 2,180 - - - - 104,950 2,000 - - 2,000 2,000 2,000 - - 2,000 30,000 135,765 - - 135,765 37,938 - - - - 300 - - - - 4,000 - - - - 48 250 - - 250 - 125 - - 125 - 700 - - 700 - 256 - - 256 - 7 - - 7 - 1 - - 1 2 |
|---|---|
| 300,878 - - 300,878 205,512 |
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GATEWAY M40 PROFIT AND LOSS ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2021
| CHARITY NO. 1173 971 RESOURCES EXPENDED (Notes 4-8) Net Salary HMRC & NI Pension Payments Account Fees Insurances Professional Affiliations Email & Website Telephony: Direct Voice and Data Mobile Phone Postage Stationery Bank Charges Staff & Volunteer Training Grants BC Charity Development Rent and Utilities Business Rates Sundry Auriga - Energy Voucher Scheme TBBT Food Voucher Scheme TII Expenditure Depreciation of Fixed Assets Accounting Policy Adjustment TOTAL RESOURCES EXPENDED Net incoming/(outgoing) resources before transfers Gross Transfers between funds Net movement in Funds before other recognised gains/(losses) NET MOVEMENT IN FUNDS TOTAL FUNDS BROUGHT FORWARD TOTAL FUNDS CARRIED FORWARD |
Restricted Unrestricted Income Endowmen Total Total Funds Funds Funds 2,021 2,020 100,770 - - 100,770 62,844 23,566 - - 23,566 13,856 10,200 - - 10,200 7,003 96 - - 96 - 732 - - 732 698 1,465 - - 1,465 1,328 2,702 - - 2,702 1,103 3,185 - - 3,185 5,507 376 - - 376 303 875 - - 875 860 522 - - 522 - - - - 60 330 - - 330 120 250 - - 250 838 - - 838 1,139 12,889 - - 12,889 12,626 1,211 - - 1,211 244 - - 244 847 114,908 - - 114,908 33,263 990 - - 990 23 3,865 - - 3,865 3,415 1,996 - - 1,996 - - - - - 3,861 |
|---|---|
| 282,011 - - 282,011 148,856 |
|
| 18,867 - - 18,867 56,656 - |
|
| 18,867 - - 18,867 56,656 |
|
| 18,867 - - 18,867 56,656 - 93,272 - - 93,272 36,616 |
|
| 112,138 - - 112,138 93,272 |
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GATEWAY M40 BALANCE SHEET AS AT 31 DECEMBER 2021
| Restricted | ||||||
|---|---|---|---|---|---|---|
| Unrestricted | Income | Endowment | Total | Total | ||
| Funds | Funds | Funds | 2021 | 2020 | ||
| FIXED ASSETS | ||||||
| TANGIBLE ASSETS | Note 9 | 7,983 | - | - | 7,983 | 3,290 |
| - | ||||||
| Note 10 | - | - | - | - | ||
| TOTAL FIXED ASSETS | 7,983 | - | - | 7,983 | 3,290 | |
| CURRENT ASSETS | ||||||
| Stock and Work in Progress | - | - | - | - | - | |
| Debtors and Prepayments | Note 11 | - | - | - | - | - |
| (Short term) investments | - | - | ||||
| Cash in Hand and at Bank | 104,155 | 104,155 | 89,842 | |||
| TOTAL CURRENT ASSETS | 104,155 | - | - | 104,155 | 89,842 | |
| Creditors: amounts | Note 12 | - | - | |||
| falling due within one year | - | - | ||||
| Net Current Assets/(Liabilities) | 104,155 | - | - | 104,155 | 89,842 | |
| Total Assets Less Current Liabilities | 112,138 | - | - | 112,138 | 93,132 | |
| Creditors: amounts | Note 12 | - | - | - | - | |
| falling due after one year | ||||||
| Provisions for Liabilities and Charges | - | - | - | - | - | |
| NET ASSETS | 112,138 | - | - | 112,138 | 93,132 | |
| FUNDS OF THE CHARITY | ||||||
| Unrestricted Funds | 112,138 | - | 112,138 | 93,132 | ||
| Restricted Income Funds | Note 13 | - | - | - | - | - |
| Endowment Funds | ||||||
| TOTAL FUNDS | 112,138 | - | - | 112,138 | 93,132 | |
| Signature of Trustee(s) | -------------------------------------------------------------- | |||||
| Name | REV. CHRISTOPHER FALLONE (CHAIR | PERSON) | ||||
| Date of Approval | -------------------------------------------------------------- |
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GATEWAY M40
FOR THE YEAR ENDED 31 DECEMBER 2021
NOTE 1 BASIS OF PREPARATION
1.1 BASIS OF ACCOUNTING
These accounts have been prepared on the basis of historic cost (except that investments are shown at market value) in accordance with:
Accounting and Reporting by Charities- Statement of Recommended Practice (SORP 2011); and with Accounting Standards;
and with the Charities Act 145
1.2 CHANGE IN BASIS OF ACCOUNTING
The Charity's income passed the Receipts and Payments threshold this year, the charity therefore changed from Receipts and Payment accounts to Accrual Accounting
1.3 CHANGES TO PREVIOUS ACCOUNTS
There has been an adjustment to the previous year's account by eleminating Fixed Assets from the previous year's account.
1.4 MATERIAL DONATIONS
Material Donations include:
| National Lottery | 105,080 |
|---|---|
| Auriga Energy Scheme | 135,765 |
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GATEWAY M40 FOR THE YEAR ENDED 31 DECEMBER 2021
Note 2 ACCOUNTING POLICIES
This standard list of accounting policies has been applied by the charity.
INCOMING RESOURCES
Recognition of incoming resources
These are included in the Statement of Financial Activities (SOFA) when:
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 reliability
Incoming Resources with Related Expenditure
Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resources and related expenditure are reported as 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 donations and gifts
Incoming resources from Tax reclaims are included in the SOFA at the same time as the gift to which they relate.
Contractual income and performance related grants
This is only included in the sofa once the related goods or services have been delivered
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 receivale.
Donated services and facilities
These are only included in incoming resources (with an equivalent amount in resources 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 losses
This includes any gain loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.
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GATEWAY M40 FOR THE YEAR ENDED 31 DECEMBER 2021
EXPENDITURE AND LIABILITIES
Liability recognition
Liabilities are recognised as soon as there is a legal construstive 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 costs of any legal advice to trustees on governance or constitutional matters. They also include Premises costs, made up of Rent Lighting and Heating, Administrative costs including Telephone and internet, postage and stationery, as well as Travel and other Volunteers expenses
Grant with performance conditions
Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SOFA once the receipient of the grant has provided the specific service or output.
Grants payable without performance condition
These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to the grant which remain in the control of the charity.
Support costs
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, eg alocating 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 use by the Charity
These are capitalised if they can be used for more than one year, and cost at least £300.They are valued at cost or a reasonable value on receipt.
Investments
Investments quoted on a recognised stock exchange are valued at market value at the yearend. Other investment assets are included at trustees' best estimate or market value.
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GATEWAY M40 FOR THE YEAR ENDED 31 DECEMBER 2021
Note 3
| Analysis of incoming resources Analysis Lottery Arms Trust Manchester City Council CSA Big Local NHS M/cr Active TII Wev Love Manchester Forever Manchester CAF Bank National Lottery Peter Kershaw Tudor Trust Auriga Energy Scheme Retail Trust Deposit into CAF Gold Account Reimbursement receipts Grant Donations CMA SIPP Creative Stream Refund Miscellaneous Receipts TOTAL INCOMING RESOURCES |
2021 2020 £ £ 105,080 0 10,000 10,000 6,163 - 10,000 - 8,000 - 2,000 10,000 - 1,194 - 2,900 18,531 2,180 - 104,950 2,000 2,000 2,000 30,000 135,765 37,938 - 300 - 4,000 - 48 250 - 125 - 700 - 256 - 7 - 1 2 |
|---|---|
| 300,878 205,512 |
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GATEWAY M40 FOR THE YEAR ENDED 31 DECEMBER 2021
Note 4
Analysis of Resources expended
Costs of generating voluntary income
| Charitable activities Analysis Net Salary HMRC & NI Pension Payments Account Fees Insurances Professional Affiliations Email & Website Telephony: Direct Voice and Data Mobile Phone Postage Stationery Volunteer Training Bank Charges Grants BC Charity Development Sundry Auriga - Energy Voucher Scheme TBBT Food Voucher Scheme TII Expenditure Depreciation of Fixed Assets Accounting Policy Adjustment Total Premises Costs Rent and Utilities Business Rates Total |
2021 2020 £ £ 100,770 62,844 23,566 13,856 10,200 7,003 96 - 732 698 1,465 1,328 2,702 1,103 3,185 5,507 376 303 875 860 522 - 330 120 - 60 250 - 838 1,139 244 847 114,908 33,263 990 23 3,865 3,415 1,996 - - 3,861 |
|---|---|
| 267,911 136,230 |
|
| 12,889 12,626 1,211 |
|
| 14,100 12,626 |
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GATEWAY M40 NOTES TO THE ACCOUNTS
| Note 5 | |||||||
|---|---|---|---|---|---|---|---|
| Support Costs | |||||||
| _FundraisinCharitable _ | GovernancTotal Cost | ||||||
| activity | activity | activity | |||||
| Support cost type | None | None | None | None | None | ||
| Total | - | - | - | - | - | ||
| Note 6 | DETAILS OF CERTAIN ITEMS | OF EXPENDITURE | |||||
| 6.1 Trustee expenses | |||||||
| 2021 | 2020 | ||||||
| Number of trustees who were | paid expenses | None | None | ||||
| Nature of expenses | N/A | N/A | |||||
| Total amout paid | |||||||
| 6.2 Fees for examination or audit of the accounts | |||||||
| 2021 | 2020 | ||||||
| Independent examiner's or auditors' fees for | - | - | |||||
| reporting on the accounts | |||||||
| Other fees (e.g. advise, consultancy, accountancy, | - | - | |||||
| services) paid to the independent examiner or auditor. | |||||||
| - | - |
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GATEWAY M40
NOTES TO THE ACCOUNTS
Note 7 Paid employees
| 7.1 Staff costs Net wages, salaries and benefits in kind Tax & National Insurance to HM revenue & Customs Pension costs 7.2 Average number of full-time equivalent employees in the year Total Pession Scheme in operation. |
2021 2020 £ £ 100,770 62,844 23,566 13,856 10,200 7,003 2021 2020 Number Number 8 5 |
|---|---|
| 8 5 |
|
| NEST PENSION NEST PENSION |
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GATEWAY M40
NOTES TO THE ACCOUNTS
Grantmaking
8.1 Total Value of grants
8.1 Total Value of grants Grants to Individuals Institutions Total £ NONE NONE Total -
8.2 Grantmaking costs
The Charity does not prepare accounts based on ''Activity Basis''
8.3 Material Grants to Institutions
8.3 Material Grants to Institutions Total Grant Paid Names of Institutions Purpose £ Total -
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GATEWAY M40 NOTES TO THE ACCOUNTS
Note 9 TANGIBLE FIXED ASSETS
9.1 cost or valuation
| Balance b/fwd Additions Disposals Transfers Balance c/fwd |
Freehold Other Plant Fixtures,Payments on Total Land & Land & Machinery & Fittings &account and Buildings Buildings otor Vehicles Equipments assets under construction £ £ £ £ £ £ - - - 3,430 - 3,430 - - - 6,549 - 6,549 - - - - - - - - - - - - - - - - - - |
|---|---|
| - - - 9,979 - 9,979 |
9.2 Accumlated depreciation and impairment provisions
| Basis Rate Balance b/fwd Charge for the year Impairment provisions Revaluations Disposals Transfers Balance c/fwd 9.3 Net book value carried forward brought forward |
SL or RB SL or RB SL or RB SL or RB SL or RB 0% 0% 0% 0% 0% - - - - - - - - - 1,996 - 1,996 - - - - - - - - - - - - - - - - - - - - - |
|---|---|
| - - - 1,996 - 1,996 |
|
| - - - 7,983 - 7,983 - - - 3,430 - 3,430 |
9.4 Revaluation
The Charity has not revalue ant of her assets
Note 10 Investment Assets
- -
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GATEWAY M40 NOTES TO THE ACCOUNTS
Note 11 Debtors and Prepayments
| Analysis of debtors Trade debtors Amounts due from subsidiary and associated undertakings Other debtors ( Gift Aid Receivable) Total Creditors and Accruals 12.1 Analysis of creditors Loans and overdrafts Amounts due to subsidiary and asscoiated Undertakings Other creditors Accurals and deferred income Total |
2021 £ - - - - - 2021 2020 £ - - Amounts falling due within one year Amounts falling due within one year |
2020 £ - - - - - 2021 2020 £ - - - - Amounts falling due after more than one year Amounts falling due after more than one year |
|---|---|---|
| - - |
- - |
12.2 Security Over Assets
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GATEWAY M40 NOTES TO THE ACCOUNTS
Note 13
Endownment and Restricted income funds
13.1 funds held
please give a brief description of any of the following type of funds held by the charity:
Permanent endownment funds (PE) Expendable endownment funds (EE); and Restricted income funds, including special trusts, of the charity ® Fund Name Type PE, EE or R Purpose and Restrictions R 13.2 Movement of major funds Fund balances Incoming Outgoing Transfers Gains and Fund balance b/fwd resources resources losses C/fwd £ £ £ £ £ £ - - - - - - Total funds 13.3 Transfers between funds From fund (name) To Fund (name) Reason Amount £ - -
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GATEWAY M40 NOTES TO THE ACCOUNTS
Note 14 Transactions with Related Parties
14.1 Remuneration and benefits
| Name of trustee | Legal authority( eg order, | Amounts paid or benefit value | Amounts paid or benefit value |
|---|---|---|---|
| or connected party | governing document) | ||
| 2021 | 2020 | ||
| £ | £ | ||
| N/A | - | - |
| name of trustee or | legal | authority | Amount owing | Amount owing |
|---|---|---|---|---|
| connected party | 2021 | 2020 | ||
| £ | £ | |||
| due to trustees and | ||||
| related parties | NONE | NONE | NONE | NONE |
| due from trustees and | ||||
| related parties | NONE | NONE | NONE | NONE |
14.3 Other transaction(s) with trustees or related parties
| Name of the trustee | Relationship to | Description of the | This year | This year | |
|---|---|---|---|---|---|
| or related party | Charity | transaction(s) | £ | £ |
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GATEWAY M40
STATEMENT OF FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
Charity Registration Number 1173 971
INDEPENDENT EXAMINER'S REPORT TO GATEWAY M40
CHARITY REG. NO. 1173 971
I report on the accounts of the trust for the year ended 31 December 2021 which are set out on pages 1 and 2
Respective responsibilities of Trustees and examiner
As the Charity's trustees, you are responsible for the preparation of the accounts; you consider that the audit requirement of section 144 of the Charities 2011 act (the Act) does not apply.
It is my responsibility to:
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-examine the accounts (under section 145 of the Charities Act);
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-follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 145(5)(b) of the Charities Act); and -state whether particular matters have come to our attention.
Basis of independent examiner's statement
My 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 a consideration of any unusual items or disclosures in the accounts ,and seeking explanations from the 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 on the accounts.
Independent examiner's statement
In connection my examination, no matter has come to my attention.
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1 which gives us reasonable cause to believe that in any material respect the requirements:
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to keep accounting records in accordance with section 130 of the Charities Act; and
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-to prepare accounts which accords with the accounting records and comply
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with the accounting requirements of the Act have not been met;
2 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Geoffrey Kwaky- Donkor ( FCCA) ROKNOD Accountants Chartered Certified Accountants Office No.1 City View Offices 99 Long Street Manchester M24 6UN
GATEWAY M40 PROFIT AND LOSS ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2021
| CHARITY NO. 1173 971 INCOMING RESOURCES (Note 3) Lottery Arms Trust Manchester City Council CSA Big Local NHS M/cr Active TII Wev Love Manchester Forever Manchester CAF Bank National Lottery Peter Kershaw Tudor Trust Auriga Energy Scheme Retail Trust Deposit into CAF Gold Account Reimbursement receipts Grant Donations CMA SIPP Creative Stream Refund Miscellaneous Receipts TOTAL INCOMING RESOURCES |
Restricted Unrestricted Income Endowment Total Total Funds Funds Funds 2021 2020 105,080 - - 105,080 0 10,000 - - 10,000 10,000 6,163 - - 6,163 - 10,000 - - 10,000 - 8,000 - - 8,000 - 2,000 - - 2,000 10,000 - - - - 1,194 - - - - 2,900 18,531 - - 18,531 2,180 - - - - 104,950 2,000 - - 2,000 2,000 2,000 - - 2,000 30,000 135,765 - - 135,765 37,938 - - - - 300 - - - - 4,000 - - - - 48 250 - - 250 - 125 - - 125 - 700 - - 700 - 256 - - 256 - 7 - - 7 - 1 - - 1 2 |
|---|---|
| 300,878 - - 300,878 205,512 |
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GATEWAY M40 PROFIT AND LOSS ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2021
| CHARITY NO. 1173 971 RESOURCES EXPENDED (Notes 4-8) Net Salary HMRC & NI Pension Payments Account Fees Insurances Professional Affiliations Email & Website Telephony: Direct Voice and Data Mobile Phone Postage Stationery Bank Charges Staff & Volunteer Training Grants BC Charity Development Rent and Utilities Business Rates Sundry Auriga - Energy Voucher Scheme TBBT Food Voucher Scheme TII Expenditure Depreciation of Fixed Assets Accounting Policy Adjustment TOTAL RESOURCES EXPENDED Net incoming/(outgoing) resources before transfers Gross Transfers between funds Net movement in Funds before other recognised gains/(losses) NET MOVEMENT IN FUNDS TOTAL FUNDS BROUGHT FORWARD TOTAL FUNDS CARRIED FORWARD |
Restricted Unrestricted Income Endowmen Total Total Funds Funds Funds 2,021 2,020 100,770 - - 100,770 62,844 23,566 - - 23,566 13,856 10,200 - - 10,200 7,003 96 - - 96 - 732 - - 732 698 1,465 - - 1,465 1,328 2,702 - - 2,702 1,103 3,185 - - 3,185 5,507 376 - - 376 303 875 - - 875 860 522 - - 522 - - - - 60 330 - - 330 120 250 - - 250 838 - - 838 1,139 12,889 - - 12,889 12,626 1,211 - - 1,211 244 - - 244 847 114,908 - - 114,908 33,263 990 - - 990 23 3,865 - - 3,865 3,415 1,996 - - 1,996 - - - - - 3,861 |
|---|---|
| 282,011 - - 282,011 148,856 |
|
| 18,867 - - 18,867 56,656 - |
|
| 18,867 - - 18,867 56,656 |
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| 18,867 - - 18,867 56,656 - 93,272 - - 93,272 36,616 |
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| 112,138 - - 112,138 93,272 |
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GATEWAY M40 BALANCE SHEET AS AT 31 DECEMBER 2021
| Restricted | ||||||
|---|---|---|---|---|---|---|
| Unrestricted | Income | Endowment | Total | Total | ||
| Funds | Funds | Funds | 2021 | 2020 | ||
| FIXED ASSETS | ||||||
| TANGIBLE ASSETS | Note 9 | 7,983 | - | - | 7,983 | 3,290 |
| - | ||||||
| Note 10 | - | - | - | - | ||
| TOTAL FIXED ASSETS | 7,983 | - | - | 7,983 | 3,290 | |
| CURRENT ASSETS | ||||||
| Stock and Work in Progress | - | - | - | - | - | |
| Debtors and Prepayments | Note 11 | - | - | - | - | - |
| (Short term) investments | - | - | ||||
| Cash in Hand and at Bank | 104,155 | 104,155 | 89,842 | |||
| TOTAL CURRENT ASSETS | 104,155 | - | - | 104,155 | 89,842 | |
| Creditors: amounts | Note 12 | - | - | |||
| falling due within one year | - | - | ||||
| Net Current Assets/(Liabilities) | 104,155 | - | - | 104,155 | 89,842 | |
| Total Assets Less Current Liabilities | 112,138 | - | - | 112,138 | 93,132 | |
| Creditors: amounts | Note 12 | - | - | - | - | |
| falling due after one year | ||||||
| Provisions for Liabilities and Charges | - | - | - | - | - | |
| NET ASSETS | 112,138 | - | - | 112,138 | 93,132 | |
| FUNDS OF THE CHARITY | ||||||
| Unrestricted Funds | 112,138 | - | 112,138 | 93,132 | ||
| Restricted Income Funds | Note 13 | - | - | - | - | - |
| Endowment Funds | ||||||
| TOTAL FUNDS | 112,138 | - | - | 112,138 | 93,132 | |
| Signature of Trustee(s) | -------------------------------------------------------------- | |||||
| Name | REV. CHRISTOPHER FALLONE (CHAIR | PERSON) | ||||
| Date of Approval | -------------------------------------------------------------- |
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GATEWAY M40
FOR THE YEAR ENDED 31 DECEMBER 2021
NOTE 1 BASIS OF PREPARATION
1.1 BASIS OF ACCOUNTING
These accounts have been prepared on the basis of historic cost (except that investments are shown at market value) in accordance with:
Accounting and Reporting by Charities- Statement of Recommended Practice (SORP 2011); and with Accounting Standards;
and with the Charities Act 145
1.2 CHANGE IN BASIS OF ACCOUNTING
The Charity's income passed the Receipts and Payments threshold this year, the charity therefore changed from Receipts and Payment accounts to Accrual Accounting
1.3 CHANGES TO PREVIOUS ACCOUNTS
There has been an adjustment to the previous year's account by eleminating Fixed Assets from the previous year's account.
1.4 MATERIAL DONATIONS
Material Donations include:
| National Lottery | 105,080 |
|---|---|
| Auriga Energy Scheme | 135,765 |
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GATEWAY M40 FOR THE YEAR ENDED 31 DECEMBER 2021
Note 2 ACCOUNTING POLICIES
This standard list of accounting policies has been applied by the charity.
INCOMING RESOURCES
Recognition of incoming resources
These are included in the Statement of Financial Activities (SOFA) when:
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 reliability
Incoming Resources with Related Expenditure
Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resources and related expenditure are reported as 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 donations and gifts
Incoming resources from Tax reclaims are included in the SOFA at the same time as the gift to which they relate.
Contractual income and performance related grants
This is only included in the sofa once the related goods or services have been delivered
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 receivale.
Donated services and facilities
These are only included in incoming resources (with an equivalent amount in resources 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 losses
This includes any gain loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.
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GATEWAY M40 FOR THE YEAR ENDED 31 DECEMBER 2021
EXPENDITURE AND LIABILITIES
Liability recognition
Liabilities are recognised as soon as there is a legal construstive 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 costs of any legal advice to trustees on governance or constitutional matters. They also include Premises costs, made up of Rent Lighting and Heating, Administrative costs including Telephone and internet, postage and stationery, as well as Travel and other Volunteers expenses
Grant with performance conditions
Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SOFA once the receipient of the grant has provided the specific service or output.
Grants payable without performance condition
These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to the grant which remain in the control of the charity.
Support costs
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, eg alocating 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 use by the Charity
These are capitalised if they can be used for more than one year, and cost at least £300.They are valued at cost or a reasonable value on receipt.
Investments
Investments quoted on a recognised stock exchange are valued at market value at the yearend. Other investment assets are included at trustees' best estimate or market value.
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GATEWAY M40 FOR THE YEAR ENDED 31 DECEMBER 2021
Note 3
| Analysis of incoming resources Analysis Lottery Arms Trust Manchester City Council CSA Big Local NHS M/cr Active TII Wev Love Manchester Forever Manchester CAF Bank National Lottery Peter Kershaw Tudor Trust Auriga Energy Scheme Retail Trust Deposit into CAF Gold Account Reimbursement receipts Grant Donations CMA SIPP Creative Stream Refund Miscellaneous Receipts TOTAL INCOMING RESOURCES |
2021 2020 £ £ 105,080 0 10,000 10,000 6,163 - 10,000 - 8,000 - 2,000 10,000 - 1,194 - 2,900 18,531 2,180 - 104,950 2,000 2,000 2,000 30,000 135,765 37,938 - 300 - 4,000 - 48 250 - 125 - 700 - 256 - 7 - 1 2 |
|---|---|
| 300,878 205,512 |
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GATEWAY M40 FOR THE YEAR ENDED 31 DECEMBER 2021
Note 4
Analysis of Resources expended
Costs of generating voluntary income
| Charitable activities Analysis Net Salary HMRC & NI Pension Payments Account Fees Insurances Professional Affiliations Email & Website Telephony: Direct Voice and Data Mobile Phone Postage Stationery Volunteer Training Bank Charges Grants BC Charity Development Sundry Auriga - Energy Voucher Scheme TBBT Food Voucher Scheme TII Expenditure Depreciation of Fixed Assets Accounting Policy Adjustment Total Premises Costs Rent and Utilities Business Rates Total |
2021 2020 £ £ 100,770 62,844 23,566 13,856 10,200 7,003 96 - 732 698 1,465 1,328 2,702 1,103 3,185 5,507 376 303 875 860 522 - 330 120 - 60 250 - 838 1,139 244 847 114,908 33,263 990 23 3,865 3,415 1,996 - - 3,861 |
|---|---|
| 267,911 136,230 |
|
| 12,889 12,626 1,211 |
|
| 14,100 12,626 |
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GATEWAY M40 NOTES TO THE ACCOUNTS
| Note 5 | |||||||
|---|---|---|---|---|---|---|---|
| Support Costs | |||||||
| _FundraisinCharitable _ | GovernancTotal Cost | ||||||
| activity | activity | activity | |||||
| Support cost type | None | None | None | None | None | ||
| Total | - | - | - | - | - | ||
| Note 6 | DETAILS OF CERTAIN ITEMS | OF EXPENDITURE | |||||
| 6.1 Trustee expenses | |||||||
| 2021 | 2020 | ||||||
| Number of trustees who were | paid expenses | None | None | ||||
| Nature of expenses | N/A | N/A | |||||
| Total amout paid | |||||||
| 6.2 Fees for examination or audit of the accounts | |||||||
| 2021 | 2020 | ||||||
| Independent examiner's or auditors' fees for | - | - | |||||
| reporting on the accounts | |||||||
| Other fees (e.g. advise, consultancy, accountancy, | - | - | |||||
| services) paid to the independent examiner or auditor. | |||||||
| - | - |
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GATEWAY M40
NOTES TO THE ACCOUNTS
Note 7 Paid employees
| 7.1 Staff costs Net wages, salaries and benefits in kind Tax & National Insurance to HM revenue & Customs Pension costs 7.2 Average number of full-time equivalent employees in the year Total Pession Scheme in operation. |
2021 2020 £ £ 100,770 62,844 23,566 13,856 10,200 7,003 2021 2020 Number Number 8 5 |
|---|---|
| 8 5 |
|
| NEST PENSION NEST PENSION |
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GATEWAY M40
NOTES TO THE ACCOUNTS
Grantmaking
8.1 Total Value of grants
8.1 Total Value of grants Grants to Individuals Institutions Total £ NONE NONE Total -
8.2 Grantmaking costs
The Charity does not prepare accounts based on ''Activity Basis''
8.3 Material Grants to Institutions
8.3 Material Grants to Institutions Total Grant Paid Names of Institutions Purpose £ Total -
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GATEWAY M40 NOTES TO THE ACCOUNTS
Note 9 TANGIBLE FIXED ASSETS
9.1 cost or valuation
| Balance b/fwd Additions Disposals Transfers Balance c/fwd |
Freehold Other Plant Fixtures,Payments on Total Land & Land & Machinery & Fittings &account and Buildings Buildings otor Vehicles Equipments assets under construction £ £ £ £ £ £ - - - 3,430 - 3,430 - - - 6,549 - 6,549 - - - - - - - - - - - - - - - - - - |
|---|---|
| - - - 9,979 - 9,979 |
9.2 Accumlated depreciation and impairment provisions
| Basis Rate Balance b/fwd Charge for the year Impairment provisions Revaluations Disposals Transfers Balance c/fwd 9.3 Net book value carried forward brought forward |
SL or RB SL or RB SL or RB SL or RB SL or RB 0% 0% 0% 0% 0% - - - - - - - - - 1,996 - 1,996 - - - - - - - - - - - - - - - - - - - - - |
|---|---|
| - - - 1,996 - 1,996 |
|
| - - - 7,983 - 7,983 - - - 3,430 - 3,430 |
9.4 Revaluation
The Charity has not revalue ant of her assets
Note 10 Investment Assets
- -
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GATEWAY M40 NOTES TO THE ACCOUNTS
Note 11 Debtors and Prepayments
| Analysis of debtors Trade debtors Amounts due from subsidiary and associated undertakings Other debtors ( Gift Aid Receivable) Total Creditors and Accruals 12.1 Analysis of creditors Loans and overdrafts Amounts due to subsidiary and asscoiated Undertakings Other creditors Accurals and deferred income Total |
2021 £ - - - - - 2021 2020 £ - - Amounts falling due within one year Amounts falling due within one year |
2020 £ - - - - - 2021 2020 £ - - - - Amounts falling due after more than one year Amounts falling due after more than one year |
|---|---|---|
| - - |
- - |
12.2 Security Over Assets
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GATEWAY M40 NOTES TO THE ACCOUNTS
Note 13
Endownment and Restricted income funds
13.1 funds held
please give a brief description of any of the following type of funds held by the charity:
Permanent endownment funds (PE) Expendable endownment funds (EE); and Restricted income funds, including special trusts, of the charity ® Fund Name Type PE, EE or R Purpose and Restrictions R 13.2 Movement of major funds Fund balances Incoming Outgoing Transfers Gains and Fund balance b/fwd resources resources losses C/fwd £ £ £ £ £ £ - - - - - - Total funds 13.3 Transfers between funds From fund (name) To Fund (name) Reason Amount £ - -
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GATEWAY M40 NOTES TO THE ACCOUNTS
Note 14 Transactions with Related Parties
14.1 Remuneration and benefits
| Name of trustee | Legal authority( eg order, | Amounts paid or benefit value | Amounts paid or benefit value |
|---|---|---|---|
| or connected party | governing document) | ||
| 2021 | 2020 | ||
| £ | £ | ||
| N/A | - | - |
| name of trustee or | legal | authority | Amount owing | Amount owing |
|---|---|---|---|---|
| connected party | 2021 | 2020 | ||
| £ | £ | |||
| due to trustees and | ||||
| related parties | NONE | NONE | NONE | NONE |
| due from trustees and | ||||
| related parties | NONE | NONE | NONE | NONE |
14.3 Other transaction(s) with trustees or related parties
| Name of the trustee | Relationship to | Description of the | This year | This year | |
|---|---|---|---|---|---|
| or related party | Charity | transaction(s) | £ | £ |
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