Company Registration Number - 1197676
The Charity Registration Number is :- 1137727
GATEWAYS CARE LTD Report and Accounts
30 April 2023
GATEWAYS CARE LTD
Report and accounts for the year ended 30 April 2023
Contents
| Page | ||
|---|---|---|
| Charity information | 1 | |
| Trustees' Annual Report | 2 - 5 | |
| Statement of directors' responsibilities | 6 - 7 | |
| Independent Accountant's Report | 8 | |
| Funds Statements:- | ||
| Statement of Financial Activities | 9 | |
| Statement of Financial Activities - Prior Year statement | 10 | |
| Movements in funds & Fixed Asset funds | 11 | |
| Income and Expenditure account (CA 2006) | 12 | |
| Balance sheet | 13 | |
| Notes to the accounts | 14 - 18 |
GATEWAYS CARE LTD
Company Registration Number - 1197676
Trustees' Annual Report for the year ended 30 April 2023
The Trustees present their Report and Accounts for the year ended 30 April 2023, which also comprises the Directors' Report required by the Companies Act 2006.
Reference and administrative details
The charity name.
The legal name of the charity is:- GATEWAYS CARE LTD.
The charity is also known by its operating name, GATEWAYS CARE LTD.
The charity's areas operation and UK charitable registration.
The charity is registered in England & Wales with the Charity Commission in England & Wales (CCEW) with charity number 1137727.
The charity does not operate in any overseas jurisdictions.
Legal structure of the charity
The charity is constituted as a company limited by guarantee, registered under the Companies Acts . The governing document of the charity is the Memorandum and Articles of Association establishing the company under company legislation.
There are no restrictions in the governing documents on the operation of the Charity or on its investment powers other than those imposed by Charity Law.
By operation of law all, trustees are directors under the Companies Act 2006 and all directors are trustees under Charities legislation and have responsibilities, as such, under both company and charity legislation.
The trustees are all individuals.
1
GATEWAYS CARE LTD
Company Registration Number - 1197676
Trustees' Annual Report for the year ended 30 April 2023
The principal operating address, telephone number, email and web addresses of the charity are:-
21 Millicent Road London E10 7LG Telephone: 07939484143 Email Address: sherazahmed1@gmail.com
Web address:
The registered office of the charity for Companies Act purposes is:-
Ms 202b 203-213 Mare Street, London, E8 3JS
The Trustees in office on the date the report was approved were:-
Sheraz Nazir Ahmed Aqib Hanif
The following persons served as Trustees during the year ended 30 April 2023 :-
The trustees who served as a trustee in the reporting period were as shown above, and there were no changes during the year, or in the period between the year end and the approval of the accounts.
Appointed on Resigned on Sheraz Nazir Ahmed Aqib Hanif
All the trustees are also members of the charity.
2
GATEWAYS CARE LTD
Company Registration Number - 1197676
Trustees' Annual Report for the year ended 30 April 2023
Objects and activities of the charity
The purposes of the charity as set out in its governing document.
The Charity's Objects are:
To assist in the prevention or relief of poverty anywhere around the world by construction of orphanages, or provision of items and services to individuals in need and/or charities, or other organisations working to prevent or relieve poverty.
The main activities undertaken in relation to those purposes during the year.
Fundraising with the aim to assist Orphans by way of housing (orphanages).
The main activities undertaken during the year to further the charity's purpose for the public benefit.
Highlighting to donors and potential donors the need to Support Orphans in Pakistan.
The trustees have had regard to the Charity Commission's guidance on public benefit in managing the activities of the charity.
The short term and longer term aims and objectives.
Short term:
Fundraise and educate people on the plight of orphans and research the ideal location for an orphanage in Pakistan.
Long term:
-
Operate the orphanage to a high standard
-
Partner with an experienced organisation who are able to operate the orphanage to a high standard.
3
GATEWAYS CARE LTD
Company Registration Number - 1197676
Trustees' Annual Report for the year ended 30 April 2023
The charity's strategies for achieving its aims and objectives in the future.
-
Increase Donor relations
-
Increase Partner relations
-
Fundraising
How the activities undertaken during the year contributed to the achievement of the aims and objectives.
Funds have been raised for the orphanage.
The contribution of volunteers during the year.
Minimal at this stage, we have 3 volunteers who has assisted in the charity activities and fund raising.
The main achievements and performance of the charity during the year.
To begin fundraising.
The difference the charity's performance during the year has made to the beneficiaries of the charity.
Fund raising has begun to assist in the building of an orphanage which will benefit its beneficiaries.
Structure, governance and management of the charity
The methods used to recruit and appoint new charity trustees.
None at the moment.
4
GATEWAYS CARE LTD
Company Registration Number - 1197676
Trustees' Annual Report for the year ended 30 April 2023
Financial review
The charity's financial position at the end of the year ended 30 April 2023
The financial position of the charity at 30 April 2023 and comparatives for the prior period, as more fully detailed in the accounts, can be summarised as follows:-
| Net income Unrestricted Revenue Funds available for the general purposes of the charity Total Funds |
2023 £ 33,103 33,103 33,103 |
2022 £ - |
|---|---|---|
| - | ||
| - |
Financial review of the position at the reporting date, 30 April 2023.
The trustees consider the financial performance by the charity during the year to have been satisfactory.
Policies on reserves.
We continue to strive to build reserves but like many organisations find an ever-increasing demand for our service. We believe that given the level of local support we can continue to provide this service.
Availability and adequacy of assets of each of the funds
The board of trustees is satisfied that the charity's assets in each fund are available and adequate to fulfil its obligations in respect of each fund.
Details of The Independent Examiner
MR P. JAYAWARDENE
Member of The Institute of Chartered Accountants.
4A The Avenue Highams Park London E4 9LD
5
GATEWAYS CARE LTD
Company Registration Number - 1197676
Trustees' Annual Report for the year ended 30 April 2023
Statement of the Directors Trustees' Responsibilities
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Companies Act 2006, the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. Notwithstanding the explicit requirement in the extant statutory regulations the Charities (Accounts and Reports) Regulations 2008, to prepare the financial statements in accordance with the SORP 2005, in view of the fact that the SORP 2005 has been withdrawn, the Trustees determined to interpret this responsibility as requiring them to follow current best practice and prepare the accounts according to the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP).
In particular, the Companies Act 2006 and charity law require the Board of Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to :-
-
to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).
-
select suitable accounting policies and apply them consistently;
-
make judgements and estimates that are reasonable and prudent;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business;
-
state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material
-
departures disclosed and explained in the financial statements;
The law requires that the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for the year.
The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with the Companies Act 2006 and comply with regulations made under the Charities Act. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
6
GATEWAYS CARE LTD
Company Registration Number - 1197676
Trustees' Annual Report for the year ended 30 April 2023
The Trustees are also responsible for the contents of the Trustees' report, and the statutory responsibility of the Independent Examiner in relation to the Trustees' report is limited to examining the report and ensuring that , on the face of the report, there are no material inconsistencies with the figures disclosed in the financial statements.
Method of preparation of accounts - Small company provisions
The financial statements are set out on pages 9 to 18.
The financial statements have been prepared implementing the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016)
These financial statements have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small companies regime.
This report was approved by the board of trustees on 13 June 2024.
s ahmed
s ahmed (Jun 13, 2024 16:02 GMT+1)
SHERAZ AHMED Director and Trustee
7
GATEWAYS CARE LTD
Report of the Independent Examiner to the Trustees of the charitable company on the accounts for the year ended 30 April 2023
I report to the trustees on my examination of the financial statements of GATEWAYS CARE LTD (‘the charity') for the year ended 30 April 2023 which comprise the Statement of Financial Activities, the Balance Sheet and related notes.
This report is made solely to the charity’s trustees, as a body, in accordance with section 145 of the Charities Act 2011. My work has been undertaken so that I might state to the charity’s trustees those matters I am required to state to them in this report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for my work, for this report, or for the opinions I have formed.
Respective responsibilities of the Trustees and the Independent Examiner and the basis of the report
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent Examiner's Statement, Report and Opinion
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
Accounting records were not kept in respect of the charity as required by Section 386 of the Companies Act 2006 and Section 130 of The Charities Act 2011;
The financial statements do not accord with those records; or
The financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
Signed:-
Peter Jayawardene Peter Jayawardene (Jun 17, 2024 16:54 GMT+1)
MR P. JAYAWARDENE - Independent Examiner
For and on behalf of Gardezi Jay & Company.
Member of The Institute of Chartered Accountants.
4A The Avenue Highams Park London E4 9LD
This report was signed on 17 June 2024
8
GATEWAYS CARE LTD - Statement of Financial Activities for the year ended 30 April 2023
Statement of Financial Activities (including the Income and Expenditure Account for the year ended 30 April 2023, as required by the Companies Act 2006)
| SORP Ref Current year Income & Endowments from: Donations & Legacies A1 33,772 Total income A 33,772 Expenditure on: Charitable activities B2 669 Total expenditure B 669 Net income for the year 33,103 Net income after transfers A-B-C 33,103 Net movement in funds 33,103 Reconciliation of funds:- E Total funds brought forward - Total funds carried forward 33,103 Unrestricted Funds 2023 £ |
Current year - - - - - - - - - Restricted Funds 2023 £ |
Current year 33,772 33,772 669 669 33,103 33,103 33,103 - 33,103 Total Funds 2023 £ |
Prior Year - Total Funds 2022 £ |
|---|---|---|---|
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - - |
|||
| - |
The 'SORP Ref' indicated above is the classification of income set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the Balance Sheet.
A separate Statement of Total Recognised Gains and Losses is not required as this statement includes all recognised gains and losses.
All the prior year transactions were unrestricted items, and no further analysis is required
All activities derive from continuing operations
The notes attached on pages 14 to 18 form an integral part of these accounts.
9
GATEWAYS CARE LTD - Statement of Financial Activities for the year ended 30 April 2023
GATEWAYS CARE LTD - Analysis of prior year total funds, as required by paragraph 4.2 of the SORP
| SORP Ref Income & Endowments from: Charitable activities A2 Other A5 Total income A Expenditure on: Charitable activities B2 Total expenditure B Net income for the year Net income after transfers Net movement in funds Reconciliation of funds:- E Total funds brought forward Total funds carried forward |
Prior Year Unrestricted Funds 2022 £ - - - - - - - - - - |
Prior Year Restricted Funds 2022 £ - - - - - - - - - - |
Prior Year Total Funds 2022 £ - - |
|---|---|---|---|
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - - |
|||
| - |
All activities derive from continuing operations
The notes attached on pages 14 to 18 form an integral part of these accounts.
10
GATEWAYS CARE LTD - Statement of Financial Activities for the year ended 30 April 2023
GATEWAYS CARE LTD - Resources applied in the year ended 30 April 2023 towards fixed assets for Charity use:-
assets for Charity use:- |
|||
|---|---|---|---|
| Funds generated in the year as detailed in the SOFA Net resources available to fund charitable activities |
2023 £ 33,103 33,103 |
2022 £ - |
|
| - |
The resources applied on fixed assets for charity use represents the cost of additions less proceeds of any disposals.
Movements in revenue and capital funds for the year ended 30 April 2023
Revenue accumulated funds
| Unrestricted Funds 2023 £ Accumulated funds brought forward - Recognised gains and losses before transfers 33,103 33,103 Closing revenue funds 33,103 Summary of funds Unrestricted and Designated funds 2023 £ Revenue accumulated funds 33,103 Total funds 33,103 |
Restricted Funds 2023 £ - - - - Restricted Funds 2023 £ - - |
Total Funds 2023 £ - 33,103 33,103 33,103 Total Funds 2023 £ 33,103 33,103 |
Last year Total Funds 2022 £ - - |
|---|---|---|---|
| - | |||
| - | |||
| Last Year Total Funds 2022 £ - |
|||
| - |
The notes attached on pages 14 to 18 form an integral part of these accounts.
11
GATEWAYS CARE LTD - Statement of Financial Activities for the year ended 30 April 2023
GATEWAYS CARE LTD
Income and Expenditure Account for the year ended 30 April 2023 as required by the Companies Act 2006
| Income Income from operations Gross income in the year before exceptional items Gross income in the year including exceptional items Expenditure Charitable expenditure, excluding depreciation and amortisation Depreciation and amortisation Governance costs Interest payable Total expenditure in the year Net income before tax in the financial year Tax on surplus on ordinary activities Net income after tax in the financial year Retained surplus for the financial year All activities derive from continuing operations |
2023 £ 33,772 33,772 33,772 369 - 300 - 669 33,103 - 33,103 33,103 |
2022 £ - |
|---|---|---|
| - | ||
| - | ||
| - - - - |
||
| - | ||
| - - |
||
| - | ||
| - | ||
In accordance with the provisions of the Companies Act 2006, the headings and subheadings used in the Income and Expenditure account have been adapted to reflect the special nature of the charity's activities.
The notes attached on pages 14 to 18 form an integral part of these accounts.
12
GATEWAYS CARE LTD - Balance Sheet as at 30 April 2023
| SORP NoteRef Current assets B Debtors 11 B2 Cash at bank and in hand B4 Total current assets Creditors: amounts falling due within one year 12 C1 Net current assets Creditors: amounts falling due after more than one year 13 C2 The total net assets of the charity |
2023 £ - 33,703 33,703 (600) 33,103 - 33,103 |
- - |
2022 £ - - |
|---|---|---|---|
| - - |
|||
| - |
The total net assets of the charity are funded by the funds of the charity, as follows:-
Restricted funds
| Unrestricted Funds Unrestricted Revenue Funds 16 D3 33,103 Total charity funds |
- - 33,103 33,103 |
- - |
|---|---|---|
| - |
The 'SORP Ref' indicated above is the classification of Balance Sheet items as set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the SOFA.
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The charity is subject to Independent Examination under charity legislation, and the report of the Independent Examiner is on page 8.
The financial statements have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small companies regime.
s ahmed
s ahmed (Jun 13, 2024 16:02 GMT+1)
SHERAZ AHMED
Trustee
Approved by the board of trustees on 13 June 2024
The notes attached on pages 14 to 18 form an integral part of these accounts.
13
GATEWAYS CARE LTD
Notes to the Accounts for the year ended 30 April 2023
- 1 Accounting policies
Policies relating to the production of the accounts.
Basis of preparation and accounting convention
The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016) and 'FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW) , effective January 2016, , and in accordance with all applicable law in the charity's jurisdiction of registration, except that the charity has prepared the financial statements in accordance with the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), in preference to the previous SORP, the SORP 2005, which has been withdrawn, notwithstanding the fact that the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008 refer explicitly to the SORP 2005. This has been done to accord with current best practice.
Going Concern
The charitable activities are entirely dependent on continuing trading revenues and voluntary donations. As a consequence, the going concern basis is dependent on the future flow of these uncertain funding streams. Accordingly, the Trustees are satisfied that, at the time of approving the financial statements, it is appropriate to adopt the going concern basis in preparing the financial statements. Other than these matters, the Trustees are not aware of any material uncertainties about the charity's ability to continue as a going concern.
Policies relating to categories of income and income recognition.
Nature of income
Gross income represents the value from sales of goods donated by general public.
Categories of Income
Income is categorised as income from exchange transactions (contract income) and income from non-exchange transactions (gifts), investment income and other income.
Income from exchange transactions is received by the charity for goods or services supplied under contract or where entitlement is subject to fulfilling performance related conditions. The income the charity receives is approximately equal in value to the goods or services supplied by the charity to the purchaser.
Income from a non-exchange transaction is where the charity receives value from the donor without providing equal value in exchange, and includes donations of money, goods and services freely given without giving equal value in exchange.
Income recognition
Income, whether from exchange or non exchange transactions, is recognised in the statement of financial activities (SOFA) on a receivable basis, when a transaction or other event results in an increase in the charity’s assets or a reduction in its liabilities and only when the charity has legal entitlement, the income is probable and can be measured reliably.
Income subject to terms and conditions which must be met before the charity is entitled to the resources is not recognised until the conditions have been met.
All income is accounted for gross, before deducting any related fees or costs.
14
GATEWAYS CARE LTD
Notes to the Accounts for the year ended 30 April 2023
Accounting for deferred income and income received in advance
Where terms and conditions relating to income have not been met or uncertainty exists as to whether the charity can meet any terms or conditions otherwise within its control, income is not recognised but is deferred as a liability until it is probable that the terms or conditions imposed can be met.
Any grant that is subject to performance-related conditions received in advance of delivering the goods and services required by that condition, or is subject to unmet conditions wholly outside the control of the recipient charity, is accounted for as a liability and shown on the balance sheet as deferred income. Deferred income is released to income in the reporting period in which the performance-related or other conditions that limit recognition are met.
When income from a grant or donation has not been recognised due to the conditions applying to the gift not being wholly within the control of the recipient charity, it is disclosed as a contingent asset if receipt of the grant or donation is probable once those conditions are met.
Where time related conditions are imposed or implied by a funder, then the income is apportioned to the time periods concerned and, where applicable, is accounted for as a liability and shown on the balance sheet as deferred income. When grants are received in advance of the expenditure on the activity funded by them, but there are no specific time related conditions, then the income is not deferred.
Any condition that allows for the recovery by the donor of any unexpended part of a grant does not prevent recognition of the income concerned, but a liability to any repayment is recognised when repayment becomes probable.
Policies relating to expenditure on goods and services provided to the charity.
Recognition of liabilities and expenditure
A liability, and the related expenditure, is recognised when a legal or constructive obligation exists as a result of a past event, and when it is more likely than not that a transfer of economic benefits will be required in settlement, and when the amount of the obligation can be measured or reliably estimated.
Liabilities arising from future funding commitments and constructive obligations, including performance related grants, where the timing or the amount of the future expenditure required to settle the obligation are uncertain, give rise to a provision in the accounts, which is reviewed at the accounting year end. The provision is increased to reflect any increases in liabilities, and is decreased by the utilisation of any provision within the period, and reversed if any provision is no longer required. These movements are charged or credited to the respective funds and activities to which the provision relates.
Allocating costs to activities
Direct costs that are specifically related to an activity are allocated to that activity. Shared direct costs and support costs are apportioned between activities.
The basis for apportionment, which is consistently applied, and proportionate to the circumstances, is :-
Staffing - on the basis of time spent in connection with any particular activity. Staffing - on a per capita basis, based on the number of of people employed within any particular activity. Premises related costs - on the proportion of floor area occupied by a particular activity.
Non specific support costs - on the basis of the usage of resources, in terms of time taken, capacity used, request made or other measures
Volunteers
In accordance with the SORP, and in recognition of the difficulties in placing a monetary value on the contribution from volunteers, the contribution of volunteers is not included within the income of the charity.
However, the trustees value the significant contribution made to the activities of the charity by unpaid volunteers and this is described more fully in Note5.
15
GATEWAYS CARE LTD
Notes to the Accounts for the year ended 30 April 2023
Policies relating to assets, liabilities and provisions and other matters.
Tangible fixed assets
There are no fixed assets.
Fund Accounting
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
2 Liability to taxation
The Trustees consider that the charity satisfies the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by chapter 3 part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively on the specific charitable objects of the charity and for no other purpose. Value Added Tax is not recoverable by the charity, and is therefore included in the relevant costs in the Statement of Financial Activities.
3 Winding up or dissolution of the charity
If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity.
4 Net surplus before tax in the financial year
| The net surplus before tax in the financial year is stated after charging:- Depreciation of owned fixed assets |
2023 £ - |
2022 £ - |
|---|---|---|
5 The contribution of volunteers
The charity depends on the support of its volunteers, which is much appreciated. The volunteers work tirelessly to achieve the goals of the charity and their contributions cannot be measured.
6 Staff costs and emoluments
Neither the trustees nor any persons connected with them have received any remuneration from the charity or any related entity, either in the current or prior year.
8 Heritage assets not included in the accounts
There are no Heritage assets.
16
GATEWAYS CARE LTD
Notes to the Accounts for the year ended 30 April 2023
| 12 Creditors: amounts falling due within one year Accruals 14 Income and Expenditure account summary At 1 May 2022 Surplus after tax for the year At 30 April 2023 15 Particulars of how particular funds are represented At 30 April 2023 Tangible Fixed Assets Current Assets Current Liabilities Long Term Liabilities At 1 May 2022 Tangible Fixed Assets Current Assets Current Liabilities Long Term Liabilities |
by assets and liabilities Unrestricted Designated funds funds £ £ - - 33,703 (600) - - - 33,103 - Unrestricted Designated funds funds £ £ - - - - - - - - |
by assets and liabilities Unrestricted Designated funds funds £ £ - - 33,703 (600) - - - 33,103 - Unrestricted Designated funds funds £ £ - - - - - - - - |
2023 £ 600 |
2022 £ - |
||
|---|---|---|---|---|---|---|
| 600 | - | |||||
| 2023 £ - 33,103 |
2022 £ - - |
|||||
| 33,103 | - | |||||
| Restricted funds £ - - - - |
Total Funds £ - 33,703 (600) - |
|||||
| - | 33,103 | |||||
| Restricted funds £ - - - - |
Total Funds £ - - - - |
|||||
| - | - | - | - |
17
GATEWAYS CARE LTD
Notes to the Accounts for the year ended 30 April 2023
16 Change in total funds over the year as shown in Note 15 , analysed by individual funds
| Unrestricted and designated funds:- Unrestricted Revenue Funds Total unrestricted and designated funds Total charity funds |
Funds brought forward from 2022 £ - |
Movement in funds in 2023 See Note 17 £ 33,103 |
Transfers between funds in 2023 See Note 0 £ - |
Funds carried forward to 2024 £ 33,103 |
|---|---|---|---|---|
| - | 33,103 | - | 33,103 | |
| - | 33,103 | - | 33,103 |
17 Analysis of movements in funds over the year as shown in Note 16
| Unrestricted and designated funds:- Unrestricted Revenue Funds |
Income 2023 £ 33,772 |
Expenditure 2023 £ (669) |
Other Gains & Losses 2023 £ - |
Movement in funds 2023 £ 33,103 |
|---|---|---|---|---|
| 33,772 | (669) | - | 33,103 |
18 The purposes for which the funds as
Unrestricted and designated funds:-
Unrestricted Revenue Funds
Unrestricted Revaluation Reserve
These funds are held for the meeting the objectives of the charity, and to provide reserves for future activities, and, subject to charity legislation, are free from all restrictions on their use.
This fund represents the unrestricted surplus arising on the revaluation of the charity's assets.
19 Ultimate controlling party
The charity is under the control of its legal members.
18