GATEWAY M40 FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Registered Charity No. 1173971
GATEWAY M40 INDEX MBER CONTENTS TRUSTEES ANNUAL REPORT INDEPENDENT EXAMINERS REPORT io STATEMENT OF FINANCIAL A1VITIEs li BALANCE SHEET 12 STATEMENT OF CASH FLOWS 13.20 NOTES TO THE ACCOUNTS
GATEWAY M40 Report of thetrusteesforthe year ended 31st December 2023 The trustees present their annual report and financial statements ofthe charityfor the year ended 31st December 2023. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity's trust deed. the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparingtheir accounts in accordance with the Financial Reporting Standard Applicable in the UK and Republic of Ire18nd published IFRS 1021 leffective 1 January 2019). ObJectlve3 and 8¢tivities Hlstory Gateway Debt Advice began in May 2016 as a small project based at the Church ofthe Saviour, Collyhurst. North Manchester. It was to provide a locally known and safe place where people could receive debt advice to helpthem 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 ofthe Saviour, which could no longer accommodate the growing needs ofthe charity. to off ices in Wilsons Park, Mons811. still within the postcode area. Objects The purposes of Gateway M40 as set out in its constitution are: The prevention or relief of poverty in the Archdeaconry of Manchester by providing grants. items and services to individuals in need and other organisations workingto prevent or relieve poverty. To advance the education ofthe public in the Archdeaconry of Manchester in money management. budgeting. growing and cookingfood and Computer skills io enable them to develop their capacityand skills in such a waythat they are better able to identify, and help meet. their needs and to participate more fully in society. A¢tlvltles The core activity of Gateway M40 is to offer free client debt advice to help individuals to become trge of Oebl. The advice offereo considers all options for debt resoluiion and howthey 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 maxirnise their income and minimise their expenditure. This involves help with budget creation, benefit checks 8nd
GATEWAY M40 signpostingto other SeiceS that Might help. We workwith partners to deliver a food pantry service and fflanage 8 food and fuel povertyvoucher scheme. The trustees confirm that they have referred to the Charity Commission's guidance on public benefit when reviewingthe Charity's aims and objectives, in planningfuture activities, and setting the policies for the year. A revlew of our achlevements and pertormance: Howour actlvltles delivered public benetit Against a background of a fragile UK economy and fewer and fewer debt advice services offeringface to face client led services the demand for Gateway services continues to grow. In 2023 Gateway has helped 4.000 clients. otthese 900 clients needing debt and benefit advice, 2.600 using ourfood pantry seNices. 75 in receipt offuel vouchers (this number is very low because we didn't receive funding forvouchers in 20231 and we delivered over 250 Christmas sacks to families. In 2023 Gateway has managed almost £1.8 million of debt and has incre8sed client income by £500,000. Gateway has also processed through Acts 435 £32,000 of small grants1£2001 directlyto clients to purchase household items, child and baby clothing etc. In 2023 as In all other years Debt Relief Orders account for the 18rgest number of debt resolutions at 46; Gateway also processed 19 trust orwrite off resolutions, 8 payment arr8ngements. 4 bankruptcy's and 19 other resolutions. The increased demand in requests for help to purchase white goods, carpets, beds and beddingand other household items encouraged us to seek a funding source other than Acts 435 that might help our clients with these requests. We are pleased to say that Glasspool funding has awarded Gateway £60K peryear to help provide these items 8nd other sources of help of up to £750 per household. Clients referred to us from other approved agencies can also access this funding. Approved stakeholder partners Include Home start, MCC Housing. Jigsaw, N.93, Social Services and probation. In 2023 Gateway continues to develop its outreach services so Glients can access our services more easily. These serwces are spread across North Manchester and include St Paul's Blackley hub, N.93 mental health crisis drop in. Church ofthe Saviour. Newton Heath GP surgery. In 2023 the overalltrend has been one of clients presentingwith increasingly complex cases, taking much longerto resolve and with multiple referr81s needed. Clients often present with significant mental health concèrns and our staff team have become aware of worryingly high levels of suicidal ideation. In response our staff team have undertaken a numberof training courses to better help them serve Gateway clients. These include,"suicide awareness and prevention training" 8nd"adverse childhood experiences training". These have helped Gateway staff team to better understand why a client may present in a particularway and how bestto respond. We have also
GATEWAY M40 appointed a trained mental health first alder to work on site. Other relevant training has included Gambling Harms and Illegal Money Lendingto better support clients where there are signif icant financial concerns but limited legal remedies. Gateway has noticed the upward trend of debt advice services touting for clients on social media. These are often services that will need the client to pay some kind offee and don't mention otherfree seNices. Gatewaytook the decision to be more active on our social media accounts. in particularTikTok {@GatewayM40 #Trust Jol encouraging social media users to seekfree debt advice e.g. with Gateway. Community Money Advice, CAB. Step change or National Debt line. The Tik Tok account has had huge hits 1750,000 in 2023) often when we post generic information about DRO's-we had over 100,000 hits on one post. l end this report with feedback from 3 of our clients: Story 1 KW was in a large deficit budget. huge rent arrears, did not understand how to budget and could not seo a way out of debt. She is a victim of domestic violence from her ex- panner due to be released from prison laterthis year. She was desperaie to move house so he could not find her. but MCC would not support a move. and referred her to Gateway for debt advice and budgeting. Gateway gave her a budget and the tools to stickto il. processed a DRO to clear her debt and got her help with council t8X SUPPOrt and water. She is now paying all her priority bi118 8nd in her own words"¢annot believe she has a stuck to her budget" She was 8ble to do a house swap and got a 2 bedroom house with a garden. It has completely changed her life and says"I have never been this happy" She wrote this letter to Gateway .1 have recently done a DRO with gateway. I was in quite a lot of debt including rent arrears and council tax etc. I struggle with anxiety and was overwhelmed with the debt letters they was making me ill. From the day I met J she took all my stress away. I've never met a lady so thoughtful and helpful. She's helped me more than anybody ever has. Not onlywith debt but with Christmas and being able to manage my money better. The service is great I've never had any issues or problems. I have been able to stop spending money on sillythings and actually not struggle anymore! This allowed me io move house into a bigger property& have a garden for my baby due to my rent arrears being cleared. J and her te8m don't get the crèdit they deserve 2nd are real hero's. I will be forevergratefulforeverythingyou have done for me. Story 2 AA had engaged with a number of different Service to address his debt but he struggled to maintain his engagement due to his mental health difficulties. He said....
GATEWAY M40 "l am very happyto saythe service which I received from Wwas above and beyond anylhing I was expecting, she was there for me Mentallyand emotionally. She would always get back to me and I rang her so manytimes without an appointment and she just sorted it. The whole team are really nice and friendly especially when you're stuck and stressed, and you don't now were to turn. For me a person who suffers from depression they have been a great help. I can't saythank you enough. Thankyou W and the whole team" Story 3 "I IVC) can't thank this companyenough for all there help! When I first contacted them I was with W who was helping me do a debt relief order nothingwas to much trouble for her she kept me updated the whole waythrough it and wow once it was completed did I feel like a weight had been lifted! I was then put in touch with J to see if she could help me get a new bed and the lengths this woman wenttoo to get me a bed and new bedding v again with J nothingwas too much trouble and she kept in touch with me through the whole process. I would tell anyone if the needed help to contact this company because I sure they would be able to help anyonel l ju8tW8nt to say 8 massive thank you to everyone at GatewayM40" Financlal revlew Expenditure in 2023 was £197.990 and income totalled £105.860.This in year deficit was anticipated in our budgets and monies held overfrom 2022 means Gateway M40 ends 2023 with £78.000 in our bank accounts as we move into 2024. We thank all ourfunders for their support. notably in this yearThe National Lottery Community Fund. The Henry Smith Charity, Tudor Trust and two smaller but useful gr8nts from Manchester City Council. By far our biggest expenditure is salary related coststhis ye8rtot811ing almost £120,000. This reflects Gateways intention to spend ourfinancial resources in the way that best serves our clients. Without question it Is Ihe work of our staff. the face-to-face client work they do and the administrative work required bythe caseloads theycarry that achieves the amazing results we do on behalfof our clients. Thisyearwe also facilitated the giving of over £20,000 directly to our clients in small grants. This results f rom our partnership with Acts 435 whose generous donors have responded so Eenerouslyto the needs we post on behalf of our clients. Almost £21.OOOwas paid in rent and utilities a figure that reflects the increases imposed by the ongoing effects of inflation and cost of living increases. In this ye8r the irustees needed professional advice before they ¢ould make informed decisions regarding an employment concern. This resulted in our only other Large expenditure otfifteen thousand pounds. The remaining expenditure a little under 110/0 oftotal expenditure represent the sundry expense need to run the office and the work Gateway undertakes.
GATEWAY M40 Some 58% ofthis year's income was as planned and expected from previous and successful grant applications. The remaining 42% came through our partnership with Acts 435. a funding opportunity from Manchestercity Council IMCC) and bank interest of£1,385. The bank interest is higherthan in previous years because we now hold grants paid in large amounts in our savings account only transferringto the current account whatever is needed to maintain monthlyexpenditure and an in credit account. The 225.539 received through Acts 435 donors is moneythat gets paid directlyto clients. It is not featured in planning budgets because of its by demand nature and it is a money in money out costlincome centre. The MCC grant of £18,500 was made avai18ble toward the end of rhe funding period and was awarded to us without a lime restriction end available to spend on aspect of charity business. Investm8nt powers and policy The trustees. having regard to the liquidity requirements of operatingthe charity, have kept available funds in a savings account. Reserves policy and golng concern The b818nce held in unrestricted reserves at 31st December 2023was £11.801 of which £6.937 are free reserves after allowing for funds tied up in fixed assets. The Charity's main source of income is grants. The Trustees consider that it is appropriate to prepare the 8ccounts on a going concern basis and, consequently, the accounts do not include any adjustments that would be necessary if these sources of Income should ce8se. The trustees aim to establish and maintain free reserves in unrestricted funds at a level which equates to approximatelythree months of unrestricted charitable expenditure. The trustees consider that this level will provide sufficient funds to respond to applicalions for grants and ensure that support and goverrsance costs 8re covered. The trustees consider that the charity 15 a going concern. Any reliance on grant funding is managed through a flexible approach to activities and project delivery. Risk man8gement As the charity continues to establish itselfthe trustees will conduct a review ofthe major risks towhich the charity may be exposed, and systems will be established to mitigate those risks. Plans tor Future Perlods We begin 2024 with a determined and hopeful vision that the workwe do will continue to serve the people of North Manchester. changingthe lives of individuals and families as we help lo release them from debt and budget maximised incomes. We ended 2023 with the good news that the National Lottery Communityfund wiLifund ourworkfor the
GATEWAY M40 next three years at one hundred thousand pounds peryear. We have additionalfund raising to do, currently anticipated at £30.000. if we are tofulfilour budgeted plans through to 2026. This may need to increase dependingon how Gateway needs to respond to changing circumstance throughout the year. However based on our experience offundraisingwe are confidentwe can achieve wh8t needs to be done. None the less we need to keep abreast of what is happening in the fundingworld as demand on their resources continues to grow and priorities shift. We need to grow our debt advice team by the equivalent of one full time member and we need to new encourage volunteers to help our Food Pantry workwhich also serves as a pathway to others way of being part of the Gatewayteam. We also need to work to grow and diversify the membership of our board of trustees. Structure, governance and management Gateway M40 is a Charitable Incorporated Organisation governed by its constitution dated July 2017 amended November 2022 and registration as a Charitable Incorporated Organisation number 1173971 with the Charity Commission on 27th July2017, Appolntment of trustees As set out in the constitution truslees are appointed for a term of three years by a resolution passed at a properly convened meeting ofthe charity trustees. Retiring trustees are eligible for reappointment unless they have served three terms of office in which case there must be an interval of at least 12 months before reappointment. The trustees administer the charity and meet every at least quarterly. An operational manager has been 8ppointed bythe trustees to manage the day-to-d8y operations of the charity. Trusloe Induction and tralning Trustees are given information about their role and responsibilities on first being appointed. They are also given a copy ofthe constitution, information about staffingand the charity management. and are shown copies of policy documents. Reference and admlnlstrative infomatlon Ch8ritable Incorporated Organisation Name: Gateway M40 Number: 1173971. Date Registered: 27th July 2017 Trustees Revchristopher Fallone Qutubuddin Chasma Edward Roberts Simon Fox Chair
GATEWAY M40 Operallonal Manager Wendy Steele Principal Ottice The Newton Suite Wilsons Park Building 2H Monsall Road Manchester M40 8WN Independenl Examinors12023) CommunityAccountancy Service Limited The Grange Pilgrim Drive Beswick Nanchester M113TQ Independant Examlners (2022 ROKNOD Accountants Office No. 1 Cityviewoffices 99 Long Street Manchester M24 6UN Bankers CAF Bank 25 Kings Hill Avenue Kings Hill, West Malling Kent. ME194JQ
GATEWAY M40 Trustees, responslbilities In relation to the financial statements The charity trustees are responsible for preparing a trustees. annual report and financi81 statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom GenerallyAccepted Accounting Practice). The law applicable to charities in Eng18nd and Wales requires the charity trustees to prepare financial statements foreach year which give a true and fairviewofthe state of affairs of the charity and of the incoming resources and 8pplication of resources. of the charity for that period. In preparing the financial statements. the trustees are required to: Select suitable accounting principles and then apply them consistently- Observe the methods and principles in the applicable Charities SORP: Make judgments and estimates that are reasonable and prudent: State whether applicable accounting standards have been followed, subject to any material departures that must be disclosed and explained in the financi81 statements; Prepare the tinancial statements on a going concern basis unless it is appropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at anytime the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the 8pplicable Ch8rities (Accounts and ReporEsI Regulations. and the provision of the Trust deed. They are also responsible for s8feguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved bythe trustees on 261h July 2024 and signed on their behalf by: Rev Christopher Fallone Chair
INDEPE,DENT EXAMINERS REPORT TO THE TRUSTEES OF GATEWAY M40 REGISTERED CHARITY NO. 1173971 I rewrt on the accounts of th¢ charity. for the year ended 31 December 2023 which are set out on pages 10 10 20. Respective Responsibilities of Trustees 4nd Examiner The Lharity's Iruslces iirL reswnsible lor thc preparation of ihe accounts. The charily trustees consider ihat an audit is not required for this year under section 144(2) of the Charilies Aci 2011 (the 2011 ALt) and that an independeni examination is needcd. The charity is preparing accrued accounts and l am qlialilied lo undertake th¢ examinalion by being a quiilified member of the AswLiation ofchartered Certified Accounianls. It is my responsibilily to.. l-. Kamine the accounts under sectton 145 of ihe 201 l Act- follow, Ihe procedures laid down in ihe general Direciions given by the Chariiy Commission under section 145(5Mb) of ihe 2011 Acl: and To slat¢ whether particular matlers have come to my allenlion. Basis of Independent Examiners Report My examination was carried out in accordance with the (ien¢ral Directions given by ihe Charity Commission. An examination includes a review of the accountingy records kept by the charity and a comparison ot'the accounts presenled with those record5. It also include5 consideralion of any unusual ilLms or disclosures in ihe accounts, and secking explanations from you as Iru5tces conLerning any such mailers. The procedures undertaken do noi provide all the evidence thal would be requircd in an audiL and consequenily no opinion is given as to wliether the accounts present a "irue and fair view" and the report is limited io those matters sct out below. Independent Examiner's Statement In connection with my examination, no malter h&lS come to my altenlion: ( l ) which gives me reasonable cause to believe thai in any material respect the requirements: to keep accolintingi records have in accordancc with section 130 of the 2011 Act. and to prepare accounts which accord with the accounting records and to COTnply with ihe accounting requirements of the 2011 Act. hav¢ not been mct; or (2) t() whiLh, in my opinion. attention should be drawn in order to enable a proper understanding of ihe accounts to be reached. Si¥ned.. AM King FCCA Date: 26 July 2024 Commwiity Accountancy Service Lid Th¢ Grange. Pilbnm Drive, beswick. Manchcster, Ml13TQ
GATVATAYM00 10 Aciivrris FOR THE YEAR ENEED 31 DECÉXER 2023 INCL Fund• Totsl Fyndi Yr ENL•d Y••rEnd•d 31 Fundj Funth 2023 2022 011)n8 and 74.OJO 30.44$ 104.475 217.741 140 1 385 7S.4L5 1.JOS 105.B60 45 217,981 Exp•ndlbJr• on.. 167.545 aOM45 1?4.Y2 1.646 176,188 To 167.$15 JOA45 197.49) N•¢Ir0mI1•xp•rAlUl1 19Z,IJ (92,iXII 41,795 Tiar&ryr• bDtsWfwdl 4t$y¥•bTht IDfthnd• 192.130 192,1301 41.793 olfvn Tthllfundi Jgl lorwwd Tol•l fv#d• 1ov*•rO (ln 193.931 61.SDI 153.931 61.1 112.138 IS3 931
ASAT 31 DECEIIBER Fli•d #¥¥'. T4145#¢ 7.367 7.317 {12) OebTOt• C&th &tBatlk & In Har 78.02 70.509 148.1S9 140.IS8 21.572 1.59$ 56.937 146. Totsi CUiT•nt 1• 61.801 15J.931 Credi¢rs thJ• thl•r Provithwi iit4bt •i.001 163.931 Th• fvnO• olth• Ghulty.. Rèstricied IncorntlurS uni•sirid•d Incoff fmds 61.801 163.931 61.1 153,531 DAi•. JY 2024
IEWAYMID 12 litt(lIa1)n Qlnqtfflarn•nI knlund5t(n•lith YwErthl YwrETrJ•(131 31 D•umb•r Cw•Th•r2023 2Q22 N•t mosm•rt InfuTh Add backdegreciation Eirorin 2022 fid¥setstoials otrt Investrnent InEome 192.1301 Z.50J 41.7•3 1.842 {1.365 Decreasellintreasel in dobiofs Increaselldecrtasel In ciedbtors 14891 18.977 N•t<•5h Inpp•l•tlry xtb¥ft 71.534 46.410 lrtt•rnJt Purth•WttftMtyJ41¥ 1riJ 12,$361 Il•t cnh prov1 by Inw•Oty •¢ll¥ld# l.JSS 12.4361 ITO.1391 144.199 104.155 ¢41h4nd ¢wh •whf•l•Thts ¢wrl•d forw 71,1120
fjATEWAY M40 13 141ga515 tsf preparaiivn and Jsjessmeniof golr r•nM The accounTS IfinarKbèl statement5}h Wn preplreduntterlhÈhcottCCrW0n ith tternsrecogntsod at cost or¢r)nsathn value unle55thher¥wstated Intherev4nt note5tOlW acrouM5.Trfinanoal statements hawe be¢Thprepared ifi xcordan(evlh the statem101 Rxarnrnen4ed PraC(e." uwntlratyY RepM1rybvCharie5 pleringtlracCuuffjts In accoTdance theFinanckTrl Rep¢xtin8StaThtsrd apable Inthe UKand RepublKof Ireland IFAS 1021 theFInc1¥I Heportiry standard1peInt Llnrte¢ Kir8thn epuwit Irel•nd IFRS 1021 I1 Ihe Charit•Lt 2011. TcharlI¥c5tittu a puwic benelrt entityo3drfined tyFRS 101. The trusteES COnse(thl thwE are no •Wtheth•ritysdrtytOCthibrrtaSa8thWC¢ntm. Ibl Fund• •DJckn kostriciedfvnd5 are fvThd5Wch areta be w¢dinat¢¢t&rKtrthSpKifKrestDcknsirnpotyt0Xor tIU5t deed. Tntie ar¢ 2 teSTfthd fuTh Unrestricted IncoM¢fvnds¢DmprwtFfvnds)Khtis1IOS¥tfrwtsUse Iw paO$e Ififvrth ol thE ¢haritaie 04ttti. UrtrtttriCtedfurthindudpdes4nJted luthJstwe the InJ51eu. JttheirdLycretion. h crtated olund for4 5peollc purp04•. Fwthi details uf each fund are discknsedin note L7. l¢}InvJffli r•wMdn I Inwm 15 r081$ednC¢fh•(h¥rtV hasentrtlemeMtoViwll. ttl5wlthat ¥riNb• recwved ènd the ol inccth• recewIbcw be ffle•wre0r4IY. Oor•tiOrtS ITQ fec4nld whenthe ch•i5ty bxbeen ffl¢tified in jIhI amr1 stlll•meni &e. Inttre ewenl thèt a don•tn is suecl to<ondtiionsihat f•9Uita ol perlorm¥Kebetoreth•chvltyi%entQa totne luhdi, thtinc¢mebS d•lerred3nd nol r¢o¥rNsodurttil Qsthv thts%ecordlW5 Jrelully mvt, oi th¢ fult1lmI ol thtsse condi%lonS is whtsllywrtthlhlhe¢ty)tr ol I(hIY 1155 IWthUS•CiH1 ¥rill b•lulfil inlh• ponifii peiiod. loi•ltan lynds hlld On d•postt isifKh4d r¢Itt Jndtho XwJniunb•rne•wredTeli•btyb¥lh• chwty.. Ihls l nOIrnlY vpon notifiutk)n of ti•ttlttt#%i oaidorvv4b1•te arreLoKnA0o• the dThidend has byndttsired 4ryJnotthcNiThha5 t•enf•thNd Idl Exp•ndltwè R•(wnh liabilities ore iecoinised J5 expenditure ssow •5th•¥ ortOrthtftKtMobVWMoynmltllth+th1rttvto thèi expendltwi VL4Jtl•ihtseni•rnerfI be rtquii0d1talanUrytOlthe1?y[Yti can ty•MeagJred All expendilul• ij OCCQUffltedfdryn In actsuats $.All7s IndlpPurt IraN¢t¢05f5arq 411ocated or JPWrnOnÈd t4 theipr41ub1eexpttthurntlrf5. For mwe 1nfornthtM on 1hi5atinbutK rèfw to not• l•}iir•w¥•iil•VAT 1rrecovoratvAT li charB•d 4•oith•¥•ryii¥rnbe•thr4tsfvknKh InVNa. 5upport¢asts have beeffl Jllttatpo o¢imny•ernantc¢sisènd DIr W9Ptols. GY•etnCOjtsCljMor1St èll C05t5 Invob4iry putOiC aWountalrty tsfthech1ntyandcornieh r•11dIlXMl prartti. These io#s Iwlude cfjsts rdd to indewdEnt oxamitr lepl leeslowrrth amfftorment ofty•th 5UPPOrt ¢osts. Go¥errwncp COStsaTrd (ttsts rt1otirytotharitsbkactl based Lykwolexpew. ThE a1catiOn of Supwrt iLwrnpKe led4note& li}CoKs olrJ151ntfvnds The c051S of raisin8 cor&stsdactfr•iiies•ndrth* t0stsolcharitae artibilies inckth¥0rr(osts4A0 an•oIOt51I asshow) in nDtÈ 7.
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IEWAYM TLI Fundb Ywr Enthd Ye4r Ethdod YwÈnd•4 31 J1 DK•mbu Year Ended 31 31 Dxemtw unrestric grant& Lthèry CSA NHS ManthHtr 137.576 10.0 lJ.7$0 TTrUSt Jnga S¢1• CMA 6455 Jo,0 75530 25.550 11.S•ts K4arth•strCity CtrJncl io.fy)J 10.0 Henry &nith NAtknl Ltstw Ftsno 9.945 30.445 9.945 104.475 74.050 217.741 Prj1 r•ponlni Trtsi yrEnd•d Ymr Er••d 31 31 O•c•mbw YwrEnd•d Jl UnrnstrKtsd or4 Lottthry CSA NNS M•nchui H•nry Smit 137.576 137.576 10,rK 13.7 10.500 I3.J) 10.5 Energy Scbiin• 2.940 l.JtsS 11.590 2I7,74L CMA Actl 4JS 1.385 ii,sg) 217,741
GATEWAY M40 & kneom• Ifn 0lhbrii•dlry U111¢ kntrIE Tvl•l To#1 Fwd YMI ETrdg0 YMrEfvJ•d 31 31 Dqcllmbgr YNrETrdod 31 31 OK•n DKwnb•r2023 X22 FunthAIFJry E¥•n P15 rewrth8 wrio YwrEn Ymr Endpd 31 31 Pymbv Ymr ETrd•d 31 Eventb 6.ewni¥tw• Akrf YwEnd•d YMrev¥J•d 31 31 Do¢•mb•r p•E•thrlI 2Q22 Empy•nI Cmti 1x7.201 120.201 3.157 213 112.350 2.494 Trnv 212 Vc4uDw Expana IT c10 Rmt G1th$P8 2.S73 11.07$ 14,5$0 20.e27 21.271 129 6•7 20.6 21,271 129 SubthStènc• FL&Vtr ScrrM C0nf•ronc*Cto T&¢kling 1nAfJJvrty Irthtr¥• .$51 J.288 ORO PayThnts R•ie8 & W•lw Le441 Feel 2.140 165 15.413 2,140 165 15.413 1.070 Z.1ts) InbutttfKA OoY•minc Poll. pnnif¥4 a Sty tkpreiiltion 391 2.393 2.503 197.W 2.393 2.SOJ 191.gwj 1.513 174.542 0thw•xp•tsdjrt'. Suffldry 1979 197.990 176.188
GATEWAYMIO 17 5.W•ndltur• YwEnded 31 Y•arEnd•d 2022 Rqstrkted Unrestricled expendituie 30.445 167,$4S 117. 176,188 176.18J Asper 0tE 6. 8. 01¥••( •nd wpgort (o5ts Th brikdtsvm ofiwort cl>Stsd hrJWthe5E were•kK4te# betnlm¥t Jndchersupport costsis belN" 2.893 2.893 tyF•dQx7 g. An•Wi o151•ff (•rts Y•vEhd•d J1 311)K•mb W•y•i Sii•ii R•dLwioancy C1•Y PqyAc£ru•l Soe4AI S•Gurty Pen¥on C¢i4 111.430 2.417 14.J16 7.72 112.350 12D.ZQi Ch•r•t41 9prtGo•kn 12Q.201 117.350 1%201 112.350 Thp •vqrnBè nL¥f•r¢lmthw•bdLry th• 712022" 81 pIDyment benelits. ifflclu¢iry empkyrtr wnsifin LontrltrAth50f1kn m•¥•wiwrsoMel ¥ere £2?.L12Q1?.. £33.4471. NO èmF40yee hos btrffjfft• In eKces•d£fjO.CO) 10. Ind•pvnd•rt Exwnlmr F•w Y•4r ETrdvd Y1 Étsd•d 31 31 CGerr••r D•c•mb•r2023 2122 Ind•p•rthni eX4r01th fèA
TEWAY 11. TJnolbl• Fltsd A•••t¥ Totsi tost At l JJnwry2D23 Athitions At 31 f•mbHr 2023 11515 12.515 12.515 12.515 At lJanu¥rylO23 CharEÈforYear At 31 Lembv 2023 5.148 2.505 7$1 5.148 7.6SJ NET BOOKVALUE Ai 31 Dqclmber I5 At JI Decernbw 2022 4.864 7.367 7.367 12. 5to(k5 Th thir1tyd( holdsixksol •ry items. IJ. AMtys1¥ oldbiorJ 21 22 OEbtors Pi•ptym•nt5 Debtors rdatedtOLVWSlrf¢r•dlLrtS. 2023 1.092 20.0 1.59S Defeff•d IrKom• 0Sd4y P•y•CtJu 21.572 1$. l•d Inc¢Jm•
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GATEWAY 17. ol¢haittabknlur•J• tor ty8y kn dgy endItre olrunnw thty Notion41 Lottery lund• Totsi 2023 T4n4t4•fix•o Cash ai bonk qnd ha thhgr thrr•ll1 78.02Q 121.00) Totsl 11.801 p10• r•porUThJ p•rlod Td&l 2022 7.387 148.169 Cabh •1 Mnk h• Othw net ¢urr•ni Cr•ditsrn c4 rn0 yw T+xal 148.159 (1.5rf1 14J.•31 1SJ.•JI 11. FI•n¢1 lfftstrum•nts Inrtaly roc¢wiuqdM •1thlAXton •DO m••sured 4tthwwidem&il¥Ww th•