Charity number: 1183430
GATEWAY LIFE TRUST
(A Charitable Incorporated Organlsation)
UNAUDITED
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

GATEWAY LIFE TRUST
(A Charltabl• Incorporated Organigatjonl
CONTENTS
Paga
R9ference •nd Adminl¥tratlve D•talls ol th• Ch•rlt•blg Incorporated Organlsatlon. Ils
Trusteos •nd Advlsern
Trustees, Report
Independent Examin•rfs Report
Statement of Financlal A¢tivities
8alance Sh••t
Notss to th• Flnanci41 Statements

GATEWAY UFE TRUST
IA Charitabl• Incorporatgd Oryani8•tlonl
REFERENCE AND AOMINISTRATIVE DETAILS OF THE CHARITABLE INCORPORATED ORGANISATION,
ITS TRUSTEES ANDADVISERS
FOR THE YEAR ENDED 31 MARCH 2022
Tru*ttes
S Baynham, Chair
D Grant, Secretary
V McDonald
L Batlour
Charlty regl$tered
number
1183430
Prlnclpal ollk•
11 France5 Ro*J
Basingsloke
Hampshire
RG21 3DB
Ind•yndent Examiner Wtse & Co
Chartered Accounlanls & Slalutory Audrtors
Wey Court W•81
Union Road
Famham
Surrey
GU9 7PT
8ankws
The CoQperalive Bank PIC
P.0 Box 250
Delf House
Southway
SkelmeTsdale
WN86
Page 1

GATEWAY LIFE TRUST
{A Charitabl• Incorporat•d Oryanlsationl
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2022
Th8 Trustes of Gateway Lrfe Trust haN* the ploasure of presenting their annual report for the year ended 31st
March 2022.
Gateway Life Trust 15 con$lilthed a• o Chantsble Incorporated Organisation using the 'Foundalion" model dated
28th January 2019 and 18 a ￿gIStered charity no. 1183430.
There were no chaThJes of Truste8$ during the financial yw. In selecting individuals for appointrnent a8
Trust￿5, the current Trustees musl have regafd to the 8kill8, knowledge and experience needed for the
effective ath1nistrat￿n of the charity.
Gateway Lrfe Trust Continues lo function..
To advane£ the Chrislian religion lor lh8 berth of the public in accordance with the beliefs set out ￿ tr
Christian Scriplufes and to proclaim and further Ihe Gospel of God and Hi$ Son the Ltyd Jesus Christ and to
pre&h and le&h the Christian faith.
For the prevention or rnlief of povety in Basingsloke and in such ￿rtS of Unrted Kingdun and the
wodd as the Trustees may frfxn time to time thir* fil by providing" grants. rtems and services to indiwduals in
anthr ¢haTiiies, or othw ￿ganisatIonS w￿kIng to prevent or poNtty.
To advance the eduCat￿n of the publk in the suty'e¢t of Christian faith.
To furthér •LKh other Charitab￿ a• the Trpjstees from t¥ne to thne in thew ￿sOlUte discrelion
detemine.
The Trustees have r￿ed the Charity Comm%sKJn's general guidance on public ber￿t Y•tsn making and
ewing the Trust'$ aiff* and oty'ectives and planning frJture activrties.
vltles
Church family meeting5 on Sunday
Life group meelings mid-week
Mid-week meeling Y¢wng People
Alpha courses
'Home for Good, Adopting arKI Fostering
Pastoral tsre of members and faMil￿S
CAP t)ebt Centre
Church Planling
Commis$ion events
Page 2

GATEWAY UFE TRUST
IA Charitable Incorporated organi￿100nl
TRUSTEES, REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2022
Achiev
Sunday meeting have started back in pernon orKI continue I￿11￿ during the yw •wJ • large wcyortion
the church family nlx attend in pgrson.
The Churth has also continued to run lrfe group In person aTrJ onlM*.
The Alpha courne ran online for those exploring the Christian fath
The church ran a '￿￿￿￿e for gwd, course lo erKourage and famil￿$ considering adoFlin9 *KJ
fostering.
A Welbeing cl befrienders ha8 been estsblished to gN• extra care and support across the church
family
A CAP debt services centre ha8 continued to run dtjring tho year and helped a number of d￿nIs. Altsng5ide
that th• relief fund ha5 been utiloed to h* an ever w￿[eaSIN￿ number of families in need of financial
supwt.
The church continues to support Emma Eden. Emma retumed lo the UK to vKvk lor a christs.an charty
working with trafficked women
The Trinity lrfe church plant continues lo grryw.
The Church is part ol the Commission sphere cl churches and regyiady t*0 part in and conlribLrtes toWa￿S
the of other Commission thurches and initsatives The Leadership team attends and contributes
towards CommBsion leaders. equipping events on Church Planting Evangelism and Adminislralion
Flnancial R
Total incomg for th• year was £307,252 and the charty has expended £263.946 cn its aCt1vrt￿. This
includes further donation8 receivod and expendrture made from The Gateway Church Tru￿ Ccw Barh
after the 11th June 2020 as an agent ol Gateway Lrfe Trust CIO.
The total unrestricted cuT￿t r95•Th8s were £152,118 al the er￿. Tr reserv￿ policy is currenlty
calculal8d as thr•0 months of committed ex￿ndItuTe. the majority of which is staff wages and currently is far
exceeded ty the current levels of Teserves. These addIt￿nal rasorvos *0 expected to be used in the next
financial year lo en*lo the r￿0¥atyan ol the nffw building.
The new building was purchasad at a cost £247,CO) plu$ bagal lees and the restricted lund had a cash
balance of £152,928 still availab￿ ft>r refurbishment at the •nd. It is expected that the entire fund will be
used in full during the naxt financial year.
Thg HoFe Church plant expended more than it8 income during the year and18ft a fvr#J deficrt of £2.922. aft
slopping meetings in Andover in September 2021 A transfer from general funds was mado for the defKrt.
Trinrty Lrfe Church plant had a re51Tiet& fuThJ balance of £24 428
A Rel￿f Fund has boen put in place in anlicipalion of the expected finan¢ial hardship caused by the Covid-19
national lockdown and its resulting effects. The fund balanee for the financial yoar end £13,222.
The CAP grant for emphJyee costs of £6.200 was fulty utiltsed during the year ard a furthef £227 01 'W'
luTrJ was also used.
Grft days ware taken for o G(ovrth Fund to slfenglhen the minislrrd8 of the church. £28,370 was receNed in
Ma￿h 2022.
The maln Source of funds for the Trust is through 11$ chU￿h members gNing and the ￿ft •d recLairT*d,
large proports'on of whKh is by ￿ular bank transfer
Dunffj the year the Tnjstees authorised Ihe nomtsl payThenl of expenses and expenditure.
Page 3

GATEWAY LIFE TRUST
IA Charltable Incorporated Organls•tlonl
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2022
re Pla
The Chureh plans to ehan9e its nwne to Mowc Church and the Chanty name Gateway Lif• Trust CIO will
be changed l*er in the year.
The Iruslees have idenliffied the current excw reser￿ ￿ld and the e$tab1￿hed reliql lund to h*
those who may expenonce financial haidship durw)g ￿ eoming months and are continuing lo revEw th8 net
incomellDSS of the chanty closely e￿h month and will respond to any adverse changes accordingly
The planned refurbishment of a fomier clfice building is continuing.
Rl k Mana
The Iruslees regulaty meet and conduct review3 of t￿ Trust's Lyeralion5 to idenlfy areas of rlgk initi
planning lo mitigate Ihe8e nsks.
Trustees recoivo monthly managemenl reports ￿ the financial perfomance of the chanty atrx
wilh an annual budget. They a3ses$ the affoTdability of any nw4 inilialives ￿ their merits as they ctcur.
All of the o¢tivrties of the charity are continuing and the accounts have been produced on a goirvJ concwn
bA$iS.
Approved by ord•r of th8 members of th• board of TNslees and Signed on their behaff by..
S Baynharn
(Chair of Trustees)
30th January 2023
Paoa 4

GATEWAY LIFE TRUST
IA Charitablè Incorporated Oryanisationl
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 MARCH 2022
Indèpendènt Examlner's Report to the Trusleu of Gateway Lffe Tru•t1lh• Charltsble
Incorporated Organlsation'}
We report to the charity Trusloe$ on our examinatKJn ol thg accounts of the Chantable Incorporated
Organisalion for the year ended 31 March 2022.
Responslblliti05 and Basls of Rèport
As the Trustees of tho Charilablo Incorporated OrganisalK)n you are responsible for the preparation of the
accounts in accordance with t￿ requirements of tho Chanties Act 2011 Ilhe 2011 Ad'l.
We report in resp￿1 of our examinalion rflhe Chanlable Incorporated Organisation's accounts carr￿j out und•r
section 145 of the 2011 Act and in Carrying out our examination have followed the applKable Direcbons gI￿n
by the Charity Commission undgr 5e¢tM)n 14515llbl of the 2011 Act.
Independent Examlnerfs Statem•nt
&nce Ihe Chantable Incorporated Organis*ion's m income •xc8eded £250,CQO your examiner musl be
member of a boJy listod in section 145 of the 2011 Act. We confirm that we ara qualbfied lo undertake the
examination because we are a member of ICAEW, which is one of the listed bodies.
Y￿1 atlen11￿ is drawn lo the f* mal the Charilable Incory￿rated Organisation has prepaffjd the aecounts i)
accordan￿ with Accounting and Reporting by Charrties" Staternenl of Recommended Practice applicable to
charities preparing their accounts in accordance ts￿1h the Financial Reporting Standard applicable in the UK and
Republic of If8land IFRS 1021 in preference lo the Accounting and Reporting by Charities. Statement of
Reeomwr£nded Practice issued on 1 April 2CQS wh￿h is refefred to in the extanl regulatKJn$ but h• bwn
Ihdrawn.
We und8r3land Ihal thi$ has been done in order for the accounts lo provide a true and fair in accordance
with the Generally Accepted Aecounling Practu effedive reporting periods beginning ￿ or after 1 January
2015
We have completed our examinatK)n We confimi thal no matters have COTrn to our attenlK)n in connection
the examination giviry us Cause lo beI￿ve that in any malenal respect".
aecounling records were nc* kept in respect of the Chant*le IncO￿)rated Organisation as required by
section 130 of the 2011 Acl.. or
the accounts do not accord wth th08e recc*ds.'
the ac¢ounls do not comply with the applicab18 r8quirem8n15 Concerning the fomi and content cl
accounts set Lxrt in the Charities (Aecounls and Reports) Regulations 2C()8 other Ihan any requirement
that the accounts give a Irue and f* is not a matter cons¥Jered as part of an independenl
examination.
Pa9e 5

GATEWAY LIFE TRUST
{A Charilable Incorporated Oryanlsatlonl
INDEPENDENT EXAMINER'S REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2022
We have no concerns and have come across no other matters in connection wlth the examination lo which
attention should be drawn in this report in order lo enable a proper understsndin9 01 the accounts to be reached.
Swned..
Mark D￿kIrI50n
FCA
Wlso & Co
Chartered Accountanls & StatLrtory Audiltsrs
Wey Court West
Union Road
Farnham
Sufrey
GU9 7PT
Page 6

GATEWAY UFE TRUST
(A Charltsble Incorporatfjd Ory4nisationl
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2022
Restrlct•d Unmtricled
funds
funds
2022
2022
Tol•l
funds
2022
Not•
Income from:
Donations and legaeies
Othw inc(xne
78.037
229,215
307,252
208,822
282,556
Totsl Income
78,037
229.215
307.252
491,378
Expenditure on..
Charitable activities
46,826
217,120
263,946
76Q,3
Totsl owndlture
46,826
217.120
263,946
160.3
N•t inctxn•
Transfers betsyeen fvnd6
31.211
2.922
12.095
12,9221
43,306
330,988
13
Net mov8m•nt In fund8
34,133
9.173
43,306
3￿,988
Reconclllation ol funds:
TL*al funds brought lo￿ard
Net movement in fvnds
188.IM3
34.133
142.945
9,173
330,988
43,306
330,988
Total lunds carrled forward
222,176
152.118
374,294
330.988
The Statement of Financ￿1 Adbvilies indth all gain8 and k)5ses reeognised in the Jear.
The notss cffi page5 9 10 22 fc¥m part of these financial statements.
Pa9e 7

GATEWAY LIFE TRUST
IA Charllabl• Incorpornted Organisatlon)
BALANCE SHEET
A8 AT 31 MARCH 2022
2022
Not•
Tangible asMt8
261.731
6,403
251,731
Current •M•ts
10
91,897
241.383
63.525
267,502
Cash at bank arKI in hand
333.280
331,027
Creditors.. amounts fallirg due within one
11
110.7171
{6,442J
Nel currnnt •s•ats
322.563
324,585
Creditors.. amounts falling due after rmre
than one year
12
1200,0001
￿•ts •xcluding penslon amat
374.294
339.988
Total n•t ••Mts
374,294
330.988
Charlty funds
Restrict￿ funds
unrestn.cted funds
13
13
222,176
152,118
188.043
142.945
Totsl funds
374,294
330,988
The financial statements were approved and aulhoris&J issue ty the Trustees and signed ￿ th￿r baham by..
8 Baynham
Ichair of Tru5te¢$l
301h January 2023
notes on Pog￿ 9 to 22 form part of these financi81 slalemenls.
PwJe 8

GATEWAY UFE TRUST
IA Charitable Incorporated Organlsation)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
General Information
Galevrdy Life Trust i8 a th8ritsble ineorporat*J organisalion Icharty numbar.. 1183430).
Accountlng pollcles
2.1 Bas￿ ol preparatlon of Ilnancial statements
The financial statements have been prepared in accordance wrth the Charities SORP IFRS 102) -
Accounting and Reporting by Charities" Statement of Recommended Practice applicable to ¢harrt
preparing their account$ in accordance wrth the Financial Reporting Standard applicable in the UK
and Republ￿ of Ireland IFRS 1021 leffeth've 1 January 20191, the Financial Reporting Stsndard
applbcabk In the UK and Republ￿ of lrnLand IFRS 102} and the Chanlies Act 2011.
The financial statements have been prepared lo give a 'lrue and lairf vi8w and have departed from
the Charit￿S (Accounts and Reports) Regulations 2008 onty lo the èxtont required to Provide a Ir
and fairf ¥￿w_ This departure ha$ invofvwj following the Charities SORP IFRS 1021 published ir)
October 2019 rather than the Accounting aThJ Reporting by Charities. Statement of Re¢ommendad
Praclice effective frc*n 1 April 2¢XIS which has Sin￿ been withdrawn
G*eway Lrf• Trust meets the defInit￿n of & public benefit •ntty und•r FRS 102. A88ets and lth'liti8S
are inrtially recognised al historical cost ty transaction value un￿3 otherwise ststed in the rel￿an1
accounliro POI￿y.
2.2 Income
All income is re¢ognisod the Charitable Incorporated Organisalion has enlrtlement to the
income. rt is Pr￿able that the rKomo ￿11 ￿ ￿e￿O￿ the amount of inc(Th can b•
measured reliabty.
Donations. Legacies and Similar Resources..
li) Colleelions and Donatsons are included in the finarKial statements wh•n received by or on behaff
of the church.
lil) PLanned giving ￿eryable under cvrfenant 18 induded w) the financknql ¥lalements onty wh
recetved by the chureh.
(iu) Income lax recoverable on covenanted and grft ahl donations are a¢¢w¢d to ma￿tt aach year
and claimed every four months.
Ilvl Legacy income is accounted for when receivabk.
Iv) Grnnl income 1$ accounted for vtsn receivable
Inc(Mne fr(Mn investments, including inter8st received, bs accounted for ¥th•n d￿.
Grants are includ8d in the Slalement of Financial Activities on a receivable basis. The balance of
income received for specifK purposes bul not expended during the period is shown in the relevant
funds on the Balance Sheet. Where ineome 6 received in advance ol entrtlemenl of receipt. rts
Tec(>Jnrtion 1$ deferred and included in eredrtors as deferred income. Where entstlemonl (￿￿T$
before In¢￿￿e ts received. the income is accnjed.
Olher income 15 re￿nised In the period in it 1$ receivable and lo the extent th• gL*és have
been provided IN on Completic￿ of the servv.
Pap9

GATEYIAY LIFE TRUST
IA Charltabl8 Incorporal•d Organlsatlonl
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
Accountlng pollclgs {contlnu•d}
2.3 Expendlturo
Expendrture is recognt5ed tjnce thwe 18 a legal or con8truclNe obligation to trwsfer economK ben8fft
10 a third party, il is probable that a transfer of economic benefits will be required in Settlement and
tha amount of the obligation can be measured reliably. Expendiluie is classified by activity. The cost•
of each actwity are made up of the total of direct costs and shared costs. Including 5UPPOrt costs
involved in undertaking eath activity. Direct costs attnbutable to a single aelivily are allocated di￿￿ty
to that actwity. Shared Costs vthich contribute to more than one actwrty and support costs whth ar•
not attnbulable lo a single activity are apportioned be￿¢en those aclivrties on a basis consistent bmth
the use of resourees. Centr81 staff costs are allocated on Ihe bas￿ of tme spent. and depreciatson
charges all￿ated on the porlion of the awt's use.
Expenditure on eharFiable actiyrties is incurred on direclty undertaking the activrtles vthich further tho
Charitable Incorporated Organisalion's objectives, a8 well as any associated support CO818.
All expenditure is indusNe ol Irrecoverable VAT.
2.4 Tangible fix•d u•ots •nd depreciatlon
Tangible fixed a8sel$ cosling £NIL or more are eaprtalised and recognised vthen future eC￿c￿niC
benefits are Probable and cost ¢y valw of the asset can be measufed reliably
Tangible fixed 888et$ are initialty reeogni8ed at cost. After recognition, under the cost mcrtlel, lan9ible
fixed assets are measured al cost less accumulated depreciation and any accumulated 1mpairmenl
bsses. All costs irKurred lo bring a tangible fixed asset Into ts intended working condition *Kwkl
included in the mgasurement of Cost.
Depreciation is charged $0 a8 to 8llcc8le the ¢08t of tangible fLxed assets less their residual value
over Ihwr eslirnaled usefijl lives, using the slraighl-line rnelh¢>J
DepreuatK¥n is provided on Ihe l01lcMing basi$.'
Long-lerm leasehold property
Motor vehicles
Fixtures and fittings
Computer equipment
25%
25%
25%
2.5 Debtor•
Tradè and other debtors are reco9nised al the settlement amount after any lrnde dIseC￿nt offewj.
Prepayment5 are Valued at the amount prepaid r￿t of any trade discounts due.
2.6 Cah at bank and In hand
Cash at bank and in hand includes eash and $hort4erm hyhly Ip]uMI investments with a strKJrt maturity
of three m(Mrths or bels frr#n the d* of a￿u￿rt￿n or opening ol the deposti Lw 5wnilar a¢eount.
10

GATEWAY LIFE TRUST
(A Charitable Incorporated Organlsatlon
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
Accounting pollcles Iconllnuedl
2.7 Llablltti•s and provlsions
Liabiif(ies aTO recognised when Ihwe li an obligat￿n at th• Balanco Sheet date a8 a resurt of a pa81
event. il is probable that a transfer of econc¥nic benofil will b• required in settlement. and the a7wnt
of the Sett￿Ment can be estrmaled relratAy
Liabilities are recognised at the amcunl that Ihe Charitable Incorporated Organisalion an1￿1pateS it
11 pay to settle the detl or the amount rt has received as advanced payrnenls for the goods or
services rt mu81 provKIe.
Provisions ar8 measured ai the best estimate of the ￿0￿nIg reqUI￿d lo settle the obligalton. Vlhore
the effeet of the lime value of money 18 material, the provision is based on the present value of those
amounts, discounted at the pre-tax discount rate thal refiect¥ t1￿ risks specrfic lo the Iiabilty. The
unwinding of t￿ discounl is recogni¥ed in the Slalement ol Ftnancial Activibes as o finance cosl.
2.8 Financial Snstruments
The Charrtable Incorporaled Organisalion cmly has financial a$$8ts and financial liabilrties of a klnd
that qualify as basic financial instruments. Basie financial Instruments are inilbally recognised at
transaction value and subsequently measured al their settlemertl value with the exception of bank
loans which are subsequently measured al arkKlrtised cost using the effective Inleresl method.
2.9 Pgnslons
Tho Charrtabl& Ineorporaled Organisalion operates a defined contribution pension scheme and the
pension charge ￿preSentS the amounts payable by the Charitable InCorpo￿ted OrganisalK)n to the
lund in respect of thg year.
2.10 Fund accounting
General funds are unrestrthd funth we aYail*e for u80 al diseretion of the Trustees in
furtherance of the general objectives of th• Charitable Inwraled Organisation arwj whKh have not
been designaled lot oth•r purposes.
ReslNcled funds are funds which are to b• used in accordance with specific reslridions imposed by
donofs or which have been raised by the Charitable Incorporated Organisalion for particular
pu￿ses. The costs of raising and administerin9 sueh lund8 are charged against the specrfic fund.
wm arKI us• of regtrieted fuThl rt 8el wt ￿ the ￿1•3 lo tl* financial stslements.
Page 11

GATEWAY LIFE TRUST
(A Charltable Incorporatsd Orgjnisatlonl
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
Incorne from donatlon8 and legacle
Restrlcted Unrostricted
funds
funds
2022
2022
Total
fvnd¥
2022
2021
Donations
Regular donalions
37,559
12,043
3.735
24,700
189.103
23,984
15,928
200
226,662
36,027
19,863
24,900
37,698
19.974
Collections and other donations
Grants
Totsl 2022
78,037
229,215
307.252
208,822
Tcrfal 2021
38.230
170,592
208,822
Page 12

GATEWAY LIFE TRUST
IA Charltable Incorporatsd Organisationl
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
Oth•r Inct)mlng resou￿03
Regtri¢t•d Unrestrfcted
lund8
funds
2022
2022
Total
funds
2022
funds
2021
Funds transferred fr(ffi Gateway Church
Basingstthke
282,556
To1812021
198, 105
84.451
282,556
In th• year Gateway chu￿ Basingsloke transferred rt adivrties to this entty. On this date it
Irdnslerred its a9aets and I￿511￿￿ as a grfl to thi$ entty. Dotalj of this transfer can be So￿ in the tabl
belthv.
Tang￿le fixod assets
Cash at bank and in hand
Other Current assesls
Current Liabilities
251,918
27,20S
1SA011
282.556
An•lysl¥ of expendlture by activities
Arfivftles
undertaken
dlrectly
2022
Support
¢osis
2022
Tot•1
funds
2022
funds
2021
Chafrtable activrties
167,992
95.954
263,946
160,390
Tdal 2021
IOT.035
53,355
160,390
P4• 13

GATEWAY UFE TRUST
IA Charitable Ineorporat•d Oryantsailon)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
Analysis of gxponditure by •ctlvltie5 Icontlnuedl
An41ygls of dlr•ct cogts
Total
funds
2022
Actlvltl
2022
Staff costs
Children
Chureh Life
154,723
1,176
2.017
6.948
250
1,424
1,454
164.723
1.176
2,017
94,293
951
582
8,346
314
1, 731
818
Evangelism and MIs8ion &
Speakers gifts
CAP
Wotship
250
167,992
167,992
107,035
Tot￿ 2021
107,035
107,035
Page 14

GATEWAY UFE TRUST
IA Chariiable Incorporated Or9anls•tlonl
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
Analysis of exp•nditure by actlvlti8s Icontlnuedl
Analysls ol support cost•
Total
funds
2022
Total
Actlvlties
2022
Staff co815
Evangelism arKI Mission & poor
Webisle & church 8ofNvare
Bank fees
DepreCiat￿n
Health & Safety
Printing, Postage and Stationary
IT Software and Consumables
Rent
Travel costs
288
268
859
80
3.625
502
859
80
3,625
502
868
4.785
27,627
1,217
3,171
3.068
18
3. 732
6LXI
1, 851
1.891
514
576
140
4,765
27,627
1.217
3.171
40
Hospitalty
Subscriptions
Telephone & Intemel
Marketing & Advertising
Non-siaff Developmenl
Insurance ¢0sts
Staff Training
Refurbishment cost$
270
6,189
375
2,295
6.058
7,267
29,902
270
6,189
375
2,295
6,OS8
7,267
29,902
156
478
751
3,1
Governance cos18
36,4
Loan inloresl
95.9S4
95.9S4
Total 2021
53.355
53,355
Page 15

GATEWAY UFE TRUST
(A Charltsble Incorporated Organlsatlon}
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
Independgnt examlnei's remuneration
2022
2021
Fees Payab￿ to tha Charit*)￿ Incorporated Organtsa1￿'s independent
examiner for the Independent examination of the Chantabfe Ineorpryated
organ￿tKIn,¥ annual accounts
1.800
Staff ¢0gts
2022
Wages aTrJ salam8
Social security cost¥
Ponsion ￿$ts
141.054
8,405
5,632
86,167
&166
154,991
94.293
The averdge number of persons employ&Y by the Charrtable Ino)rporaled Organisalion during the year
was as follcy•VS'
2022
No emploype received remunerats.on amounting to than £60,0(XJ in fjith8r year.
Trust•e8' remun•ratlon and expens
During the no Trustees received any wungratwjn or other beneffts 12021- £NILJ.
During the sear 31 March 2022, no Trugtee expenses have been Incurred12021- £NILI.
P•3e 16

GATEWAY LIFE TRUST
IA Charltablo Incorporated Ofganlsatlonl
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
Tangible fix•d asmts
Long4erm
leasehold
property
Molor Flxtures and
vehicles
flttlngs
Computer
equlpment
Tot•1
Cost or valuation
Al 1 Apnl 2021
AddrtKins
506
9.291
1,953
10.135
248,95J
247.IKXI
At 31 Marth 2022
247,000
$06
11,244
259.088
D¢preclatlon
At 1 April 2021
Charge for the Itar
125
150
3.247
3,329
3.732
3,625
146
At 31 March 2022
275
6.576
7.357
Nel I￿￿￿ value
At 31 Mwch 2￿22
247.000
4,068
251.731
At 31 March 2021
213
146
6,044
6.403
10. Dgbtors
2022
2021
Du• wSthln one year
Trade debtors
Oihw detlors
PrePa￿an1$ and accrued income
43,397
48.050
7,371
30.632
25,522
91,897
63,525
After the transfer cl actr¥rties from Gateway Church 8asingsloke IGCBI. GCB has been acting
fc* Galewwy Life Tntst IGLT). As at the s*ar end GCB £48,OSO to GLT12021- £30.6321
Pap17

GATEWAY UFE TRUST
(A Charitsblo In¢oryK>rnted Organisatlonl
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
11. Crèdltots- Arnounts falling du• withln on• y•ar
2022
2021
Tfade creditor8
Other taxation arHI social securty
Other credrttsr¥
Accfuals and d8ferred irKome
2,315
3,760
2.376
631
3,112
10.717
6.442
12. Cr•dltor8: Amounts falling du• after mor• than on• y•ar
2022
2021
Other ￿an$
200.000
Indudth4 V4ilhin lh• abo￿ arn amounts falling as folkyws..
2022
2021
Between one and two ygar4
Other ID
100,000
O¥•r flve yearn
Other bans
100.000
The loan has been provided lo the charty ty a member of the Church £100,000 has been loaned
interest free and is repayable by 30 April 2028. A further £100.000 was loaned during the year at
variable int¢rest rate of 4.49'/0 plus base ral8 and 18 repayable by 30 Apnl 2023.
Page 18

GATEWAY LIFE TRUST
(A Charlt•ble Incorporated Oryanlsat5onl
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
13. Ststement of funds
ststem•nl of fuDds - current y•ar
Bal•nc• •t 1
Aprll 2021
Transfvrs
inlout
31 March
2022
Ineomo Expendlture
Unrestrlcted lunds
Reserves
142,945
229.215
(217.1201
12,9221
152.118
Restrleted lund•
Hope Church
Building Fund
Cinnamon CAP Fund
Trinity Lifv
Relief Fund
M68 & 22 fund
Grovrth fvnd
3.123
12,1)(10
6.60D
25,928
2,016
16.0451
124.2761
17,4511
16,5061
12,5481
1922
165.204
676
1S2.928
176
24,428
13.222
3.228
28.370
13,764
1176)
28.370
188,IM3
78,037
(46,8261
2,922
222,176
Total of lund•
330,988
307.252
1263,9461
374,294
Page 19

GATEWAY UFE TRUST
(A Charlt*bl• Incorporated Organisationl
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
13. Statsrnont of fund• Icontinugdl
ststement of fvnd•- prlor y•ar
Balance at
31 March
2021
Transfers
in/oul
Income ExpendAtu
Unrestrlcted fu•KI#
General FuThJs
255.043
(111.362)
(736)
142.945
Restrlct•d funds
Hope Church
Building Fund
Cinnwnon Q4P FurKI
Trinity Life
Relief Fund
Specified GNing
M68 & 22 fuixj
15.967
195,554
775
5,375
14,810
450
(16, 703)
(30.350)
(1￿)
(369)
(7,056)
(4￿)
736
6T5
13, 754
3.404
236,335
(49,028)
736
188,043
Totsl ol fvnds
49t,378
f160.3W)
330,988
Page 20

GATEWAY LIFE TRUST
IA Ch¥rit•bte Incorporated Organisatlonl
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
14. Summary ol funds
Summary of funds- current y••r
Balance at
31 M•rch
2022
Balance •t 1
Aprll 2021
TransferJ
inlout
Inwme E¥pendltu
General funds
R8slfithe(I fund8
142,945
188,1)43
229.21 S
78,037
1217.1201
(46.8261
12.9221
2,922
152.118
222.178
330.988
307,252
1263,9461
374,294
Summary ol fund• - prlor y••r
Bala￿e at
31 Ma￿h
2021
Transfer5
in/oul
Income Expendilu
General funds
Restncted fvThd•
255.043
236,335
1111,362)
(49,028)
(736)
736
142.945
18&043
491,378
(160,390)
330,988
1& An•tysl$ of nel M••ts betw•en fund•
Analysls of net a•••ts betwegn funds- curr•nt yo•r
Re5trlcted Unr￿tricted
lunds
funds
2022
2022
Total
funds
2022
Tangible fixed a888ts
Current assets
Credrtors vAlhin
Cfedrtor5 due in m(we than one yeor
251.731
111.104
110,7171
1200,0001
261.731
333.280
110,717)
1200,OIXII
222.176
T¢)t•l
222,176
152.118
374,294
Page 21

GATEWAY LIFE TRUST
(A Charitsble Incorporated Organlsationl
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
15. Anatysh of n•t usets between funds Icontinuedl
Analysis of not •s••ts between fvnds- prlor y￿r
Restricted Unrestricted
funds
Total
2021
Tangiblo fixed asse1$
Current a58éts
Cr•Jilor5 due within one year
6,403
142.984
(6.442)
188,043
331,027
(6,442)
Total
188,043
142.915
330,988
16. Penslon commitments
The Charity operates a defined contribution pension scheme. Th8 assets of the scheme are hekl
separately from those of the Charity in an independently administered lund. The pen510n cost charge of
£5.53212021- £2.%01 represerts Conlitsuli￿S payable by tho Charity lo lund aThl a¥ at the year and
£1,530 was payats￿ to thg furnl i• Included in credilof812021- £6311.
Page 22

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