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 1 ## **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: 1. 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. 2. 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. 2 ## **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. 3 ## **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** 4 ## **GATEWAY M40** ## **TRUSTEE’S REPORT YEAR ENDED 31[ST] DECEMBER 2021 (continued)** The difference we make: - Over 5,000 people helped in the last 12 months - Spoke to approximately 30 people a day providing advice and support - Attended 20 events giving information - £1.3 million of new debt under management - £1 million increase in incomes to clients - 3,000 households served with food support - 1,500 households issued with fuel vouchers - 150 Santa sacks delivered to children in need - Our website at its peak was receiving 500 hits a week - 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. 5 ## **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 6 ## **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 7 ## _**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:_ - _-examine the accounts (under section 145 of the Charities Act);_ - _-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:_ - _to keep accounting records in accordance with section 130 of the Charities Act; and_ - _-to prepare accounts which accords with the accounting records and comply_ - _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_| _1_ ## _**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_| _2_ ## _**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_**||_--------------------------------------------------------------_||||| _3_ ## _**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_| _4_ ## _**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._ _5_ ## _**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._ 6 ## _**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_| _7_ ## _**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_| _8_ ## _**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._|||||||| ||||||**_-_**||_-_| _9_ ## _**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_| _10_ ## _**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** -_ _11_ ## _**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**_ _- -_ _12_ ## _**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**_ _13_ ## _**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 £ - -_ _14_ ## _**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)_||**_£_**|_£_| _15_ ## _**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:_ - _-examine the accounts (under section 145 of the Charities Act);_ - _-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:_ - _to keep accounting records in accordance with section 130 of the Charities Act; and_ - _-to prepare accounts which accords with the accounting records and comply_ - _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_| _1_ ## _**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_| _2_ ## _**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_**||_--------------------------------------------------------------_||||| _3_ ## _**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_| _4_ ## _**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._ _5_ ## _**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._ 6 ## _**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_| _7_ ## _**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_| _8_ ## _**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._|||||||| ||||||**_-_**||_-_| _9_ ## _**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_| _10_ ## _**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** -_ _11_ ## _**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**_ _- -_ _12_ ## _**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**_ _13_ ## _**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 £ - -_ _14_ ## _**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)_||**_£_**|_£_| _15_