2025-03-31-accounts

Gate Church International SCIO

Annual report and unaudited financial statements for the year to 31 March 2025

Charity number: SC003542

Gate Church International SCIO

Contents

Contents	Contents
Ss ss
	Page
Charity information	1
Trustees’ report	2-6
StatementofTrustees’responsibilities	7
Independentexaminer's report	8
Statementoffinancial activities	9
Balance sheet	10
Notestothefinancialstatements	11-27

Gate Church international SCIO

Charity information

7

Principal address

St Mark's Church 158 Perth Road Dundee DD1 4JS

Independent examiner errrendersen eacrieLogg P The Vision Building 20 Greenmarket Dundee DD1 4QB

Bankers

Royal Bank of Scotland 3 High Street Dundee DD1 9LY

Solicitors

Burness Paul LLP 50 Lothian Road Festival Square Edinburgh EH3 9WJ

Charity number

$C003542

4

Gate Church International SCIO

Trustees’ report for the year ended 31 March 2025

oe eee

The Trustees present their report and financial statomente for the year anded 31 March 2025.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)".

Structure, governance and management

Gate Church International SCIO is a Scottish Charitable Incorporated Organisation (registered number $C003542) and was incorporated on 19th April 2016 as a result of a Change to SCIO application by Gate Christian Fellowship, which was an Unincorporated Association registered as a charity since 3rd April 1978.

The governing document for Gate Church International SCIO is a single-tier SCIO constitution. The address of the registered office is St Mark's Church, 158 Perth Road, Dundee, DD1 4JS.

The Trustee body of Gate Church International SCIO is diverse and dynamic and has the knowledge and skills required to ensure due diligence for the organisation. The board is comprised of six Trustees, all of whom are locally based. Information on each of the Trustees is shown below. They are:

• Senior Charge Nurse, NHS Tayside

• e Retired Domestic Energy Assessor

e Financial Planning and Analysis Manager, Spar e European Engineering Projects Manager, Baxters Food Group e Senior Social Work Officer, Dundee City Council

e Field Sales Leader, Mars

The Trustees who served the Gate Church International SCIO at the dates of this report are detailed on page 1.

On the 13 September 2024EEEEEEe signed as Trustee. Wes appointed Trustee on 17 March 2025.

The charity has a clear procedure for the recruitment, appointment, induction and training of Trustees. The Trustees are provided with an Induction Pack with information on the organisation, the Trustee's role in relation to governance, and his or her responsibilities under charity law.

The remuneration of key management personnel is regularly reviewed by the Chairman and Treasurer. Consideration is given to equivalent salaries of similar positions within the marketplace, using published salary information.

2

Gate Church International SCIO

Trustees’ report for the year ended 31 March 2025 (continued)

Structure, governance and management (continued)

Objectives and activities

Principal aims and objectives

The principal aims and objectives of Gate Church International SCIO are:

• to advance the Christian faith in accordance with the Statement of Beliefs in the Schedule as contained within the constitution in such parts of Dundee, Scotland, or the world, as the trustees may from time to time think fit, and to fulfil such other purposes which are exclusively charitable according to the law of Scotland and are connected with the charitable work of the charity;

• e to relieve those in need by reason of age, ill health, disability, financial hardship or other disadvantage in such parts of Dundee, Scotland, or the world, as the trustees may from time to time think fit;

• ¢ to provide or assist in the provision of facilities in the interests of social welfare, for recreation and other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disability, financial hardship or social circumstances, with the object of improving their conditions of life;

• ¢ to advance education, in particular but not by way of limitation, through the provision of life-skills courses as the trustees may from time to time think fit, and;

• e the prevention or relief of poverty in such parts of Dundee, Scotland, or the world, as the trustees may from time to time think fit.

We achieve our aims and objectives through Our Purpose, Our Vision and Our Culture:

The purpose of the Gate Church is: “Growlng people to bring Christ into our communities”

The vision of Gate Church is to be:

• e Present - that's accessible, approachable and available across multiple locations e Loving - where compassionate and generous people love and serve their communities e Prayerful - where prayer brings freedom, healing and relationship with God e Passionate - where people experience God's love and embracea life-long passion for Jesus e Creative - innovative and creative in worship, music and visual arts ¢ — Influential - a catalyst for change in our society through our community and activities

The culture of Gate Church is:

• e Christ Is First - We were made to havea relationship with Him. He makes all things possible and His Word lights our way

• e Love People - Reach the lost, release the found with a heart of generosity e Community - We love, support and grow together

• Serving - We all play our part in building the church

• e Pioneers - We will be bold and adventurous for God

• ¢ Stewardship - We all take care of our people, our resources, our environment and ourselves

3

Gate Church International SCIO

Trustees’ report for the year ended 31 March 2025 (continued)

i Principal activities

This past year has seen a continuation of our following principal activities:-

• e Locations — one church location team: Sunday Moming (midway through this year we ended our other locations to see them adapt into community groups where appropriate).

• • Church Online — livestream services each week, catch-recordings, podcasts and social media pages. ¢ All-Together Services — we encourage all ages to gather together every Sunday at 11am and for extra celebrations like Easter, Pentecost and Christmas.
• • Children’s Church - giving children under 12 a space to worship, play and prayer together. ° Life Groups — we have 17 Small Groups who meet either in-person or online, These Life Groups are an integral part of facilitating ongoing connection between church members throughout the week.

• e Morning Prayer Group — meeting every weekday maming online to pray for the church, the city and the nations.

• e Young Adults Ministry — a community for students and young professionals who met together for bible study, teaching and social events. This year the group has grown to around 40 young people and aims to provide support especially for those who have come from abroad to study in Dundee.

• ¢ TRIBE (Youth Ministry) — a group for high school students and youth leaders who meet on Friday evenings for games, bible teaching and prayer. Around 25 young people are supported by this group and this year the young people have benefitted from connecting with other youth groups across the city at regular Youth For Christ events.

• e Worship Team — bringing together musicians and technical volunteers as ‘one team with one purpose’ to facilitate praise and worship at all church gatherings and events.

• • Compassion Team — hosting High Tea and Hymns events for the elderly and isolated in the local community.
• • Alpha ~—acourse exploring life and faith held to support students, young adults and others who want to find out more about Christianity and the church.
• • Treasured Tots —a weekly parent and toddler play group to provide support for parents of pre-school children.
• • Estonia Mission Trip — a small team of musicians and missionaries was sent to Missio Church in Tallinn to host Ceilidh based outreach events.

• e Training Track — a series of course to equip the church. Topics included: Prophecy, Resilience, Evangelism and Deeper in the Word (an in-depth Bible study course).

• e External Collaboratlons - through our Mission Fund we have given £41,096 (2024 - £27,785) in grants and donations to other charitable organisations, both within the UK and abroad, for the furtherance of our charitable objectives.

In addition to these regular activities, the church has launched a wide variety of new initiatives to support both the current congregation and the local community.

• e¢ New “Small Groups” — community witness groups that aim at meeting monthly or weekly with the heart to engage with and disciple the local communities we find oursetves in,

• e ACommunity Wellness Christmas Event - a Christmas celebration centred on supporting the community in all forms of wellness, we had stalls for mental health support, physical fitness, relational groups and spiritual wellbeing etc, with a live band, free food and drinks, gifts for children and a Santa's Grotto.

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Gate Church International SCIO

Trustees’ report for the year ended 31 March 2025 (continued)

Achievements and performance

The principal activities above all contributed to the achievement of our aims and objectives. Partnership working is a very important part of the activities of Gate Church and in 2024-24 we continued working with the following charity partners:

• e Aenon Ministries and Trust— supporting the work of churches in Hyderabad and surrounding areas. This was terminated from October 2024.

• e Alternatives Dundee — counselling and support for those affected by abortion, miscarriage, infertility or child loss.

• e Christian Values in Education — equipping and encouraging Christians to stand fast on the Word of God in education today.

• e Compassion UK — fighting poverty through individual child sponsorship and child development programmes.

• e The Evangelical Alliance — serving the UK church, uniting evangelicals to make Jesus known. e Messianic Jewish Theological Institute - seeking to advance a Messianic Judaism that is academically sound, spiritually vibrant, and sensitive to the demands of both past and future.

• *® Scottish Churches Trust — sustaining and supporting Scotland's places of worship.

• *« Signpost International — walking alongside disadvantaged communities to see a world free from poverty and its effects.

We have also begun new partnerships with the following organisations:

• Alpa Scotland — to supply and support the discipleship of those new to Christianity.

• e Estonia Missio Church ~ to support the work in Tallin, Estonia committed to care for the spiritually poor in the city.

• e For the Love of a Child — helping families and children throughout trauma. In 2025/2026 the Charity plans to donate £2,000 a month to other church organisations in the Dundee area.

To our knowledge, there are no material internal or external factors that will significantly prevent us from achieving these objectives in the future.

Financial review

During this financial year, the charity made a net surplus of £1,700 (2024 — £52,165 deficit). Included within this is a deficit of £11,296 (2024 £55,469) on restricted funds and a deficit of £10,429 (2024 -£1,457) on designated funds before transfers, leaving an unrestricted surplus of £23,425 before transfers (2024 ~ £4,761). Balance sheet funds at 31 March 2025 stood at £804,742 (2024 - £803,042) comprising restricted funds of £171,697 (2024 - £193,744), designated funds of £24,485 (2024 - £34,914) and unrestricted funds af £608,560 (2024 - £574,384),

5

Gate Church International SCIO

Trustees’ report for the year ended 31 March 2025 (continued)

Reserves policy

The Trustees' policy on reserves is to hold sufficient cash balances, equal to 3 months of core expenditure, to allow the charity to meet its day to day working capital requirements and remain as a going concem. This amounts to £68,413 (2024 - £62,155) and the policy has been met. The balance held as unrestricted funds at 31 March 2025 was £608,310 (2024 - £574,384), of which £158,005 (2024 — £123,555) are regarded as free reserves, after allowing for funds invested in tangible fixed assets.

The major risks to which the charity is exposed, as identified by the Trustees, have been reviewed and systems and procedures have been established to manage those risks, including strong reserves policy, through annual staff salary reviews, quarterly review of the finances including income and expenses, ongoing cost reduction driven by the administration team and careful management of project priorities and spending plans.

Plans for the future

Our purposes and aims for the future are those outlined earlier, |.e. Growing people to bring Christ into our communities. The Trustees, with support from the Senior Pastors, have also identified the following developmental priorities for the future growth of Gate Church Intemational:

Community Groups- to start building small groups that reach into their respective communities with the Gospel, using local community, friends and family connections where appropriate. To educate and inspire the whole church congregation to get involved in sharing their faith with whoever they meet, and to seek new opportunities to connect with non-Christians. Online Meetings - to continue to deliver and develop online services and meetings where appropriate to enable more people to connect with our Church community regardless of their physical location and to suit various personal circumstances. Gate Church Jubilee — to arrange a series of events leading up to the jubilee (50) anniversary of the Gate Church on April 2026 aimed at encouraging the whole community and reaching as many people as possible with the Gospel.

Life Groups — to grow the number of local midweek Life Groups for fellowship, bible study and prayer to encourage the community and help pastorally care for all our people. Growing People — offering workshops for individuals in Church to help them understand their talents and abilities and how they can be applied throughout life.

Culture Awareness — to ensure that GCI is open to all cultures, demographics and to all people of Dundee, our vision is to be more inclusive of society today, demonstrating the love of Christ to all, while not compromising our statement of belief.

Health and Wellbeing — to suppart community members to improve their health and wellbeing, with an

emphasis on providing support to families.

Young People — to develop the Young Adult Ministry and also to work in partnership with schools and/or other charitable organisations to support young people in the local area. Building Improvements — in order to cater for more people attending Church services, we will continue to invest in various improvements to our main building (St Mark's) on Perth Road including new toilets, an improved coffee area, and better sound and broadcast systems.

Investing in other Ministries — to invest our resources into other Christian ministries across Dundee to help them in their efforts to spread the Good News of the Gospel.

Gate Church International SCIO

Statement of Trustees’ responsibilities

The Trustees are responsible for preparing the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Standards. Charity law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for that year. In preparing those financial statements the Trustees are required to:

• ¢ Select suitable accounting policies and then apply them consistently

• ¢ Observe the methods and principles in the Charities SORP;

• ¢ Make judgements and estimates that are reasonable and prudent

• Prepare the financial statements on the going concem basis unless it is inappropriate to presume that the charity will continue in operation.

The Trustees are responsible for keeping proper accounting records which disclose, with reasonable accuracy at any time, the financial position of the charity and to enable them to ensure that the financial statements comply with the Charity Accounts (Scotland) Regulations 2006 (as amended), the Charities and Trustee Investment (Scotland) Act 2005 and the constitution of the charity. 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.

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Gate Church International SCIO

Independent examiner's report to the Trustees of Gate Church International SCIO

| report on the financial stalenients of the charity for the year ended 31 March 2025, which oro sot out on pages 9 to 27. This report is made to the Trustees, as a body, in accordance with the terms of my engagement. My work has been undertaken to enable me to repart my opinion set out below and for no other purpose. To the fullest extent permitted by faw | do not accept or assume responsibility to anyone other than the Trustees, as a body, for my work or for this report. Respective responsibilities of Trustees and examiner

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The charity's Trustees are responsible for the preparation of the financial statements in accordance with the
terms of the Charities and Trustee Investments (Scotland) Act 2005 and the Charities Accounts (Scotland)
Regulations 2006 (as amended). The charity's Trustees consider that the audit requirement of Regulation
10(1)(a) to (c) of the 2006 Accounts Regulations does not apply. It is my responsibility to examine the financial
statements as required under section 44(1)(c) of the Act and to state whether particular matters have come to
my attention.
Basls of independent examiner's statement
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My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements and seeks explanations from the Trustees conceming any such matters. The procedures undertaken do not provide all the evidence that would be required In an audit and consequently | do not express an audit opinion on the view given by the financial statements.

Independent examiner's statement

In the course of my examination, no matter has come to my attention:

(a) which gives me reasonable cause to believe that in any material respect the requirements:

(i) to keep accounting records in accordance with section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations; and (ii) to prepare financial statements which accord with the accounting records and comply with Regulation 8 of the 2006 Accounts Regulations; have not been met or | in order to enable a properunderstanding ofthe

Chartered Accountants The Vision Building 20 Greenmarket Dundee DD1 4QB

12 September 2025

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Gate Church International SCIO

Balance sheet at 31 March 2025

			2026		2024
	Note	£	£	£	£
Fixed assets Tangible assets Heritage assets	12 18		126,008 400,000		152,843 400,000
			526,008		552,843
Current assets
Debtors Cash atbank and in hand	14	3,341 284,907		1,625 257,256
		288,248		258,881
Creditors
Amounts falling due within one year	15	(9,514)		(8,682)
Netcurrentassets			278,734		250,199
Netassets			804,742		803,042
Income funds Restricted funds	17		171,637		193,744
Unrestricted funds - general Designated funds General unrestricted funds	18 18	24,485 608,560		34,914 574,384
			633,045		609,298
			804,742		803,042

10

Gate Church International SCIO

Notes to the financial statements

4 Accounting policies

Charity information

Gate Church International SCIO (previously Gate Christian Fellowship) is a charity registered with the Scottish Charity Regulator (registration number SC003542).

The registered office is St Mark’s Church, 158 Perth Road, Dundee, DD1 4JS.

Accounting convention

The financial statements have been prepared in accordance with the charity's governing document, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their financial) statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). The charity is a Public Benefit Entity as defined by FRS 102.

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The financial statements are prepared in sterling, which is the functional currency of the charity.
Monetary amounts in these financial statements are rounded to the nearest £1.
The charity has taken advantage of the provisions in the SORP for charities applying FRS102 Update
Bulletin 1 not to prepare a Statement of cash flows.
The financial statements have been prepared under the historical cost convention, modified to include
the revaluation of heritage assets and include these assets at fair value. The principal accounting
policies adopted are set out below.
Going concem
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At the time of approving the financial statements, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements. Income

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation,

Donations, legacies and similar incoming resources are included in the year in which they are receivable, when the charity has unconditional entitlement to the resources.

11

Notes to the financlal statements (continued)

Gate Church International SCIO

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——eee
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4 Accounting policies (continued)
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Resources expended

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All expenditure is included on an accruals basis and is recognised when there is a legal or constructive
obligation to do so.
Total resources expended include the allocation of support costs to the various expenditure categories
set out in the statement of financial activities. These support costs relate to the corporate functions of
information technology, property and facilities management, human resources and finance, in addition
to the support costs incurred by communications and centralised departments that are not otherwise
directly allocated. Support costs have been allocated to activities on a basis consistent with the use of
resources.
Fundraising costs includes a portion of staff time, online giving fees and event costs.
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Governance costs represent costs from external service providers relating to the strategic management
of the charity, plus an apportionment of some salary costs. While the Trustees meet regularly on an
informal and formal basis to discuss strategic and governance issues, the charity structure and
involvement of the Trustees in its day-to-day activities means that these meetings do not give rise to
specific costs.
Grants
Grants comprise those paid in the accounting period and when applicable include grants payable in
future periods where there exists a legal obligation to make such payments.
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Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

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Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over
their useful lives on the following bases:
Buildings and improvements 10% straight line
Fixtures, fittings and equipment 25% straight line
Information and communications technology 15% straight line
Production and instruments 20% straight line
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Minor individual items purchased costing £500 or less are not capitalised.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

Heritage assets

Heritage assets are not depreciated based on the assumption that the asset will appreciate over time. A revaluation policy has been adopted as a result.

The charity is the registered proprietor of all heritage assets and therefore has overall responsibility in its maintenance and the record keeping of key historical events.

12

Gate Church International SCIO

Notes to the financial statements (continued)

1 Accounting policies (continued)

Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss, (if any).

Intangible assets with indefinite useful lives and intangible assets not yet available for use are tested for impairment annually, and whenever there is an indication that the asset may be impaired.

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Cash and cash equivalents
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Cash and cash equivalents include cash in hand and deposits held at call with banks.

Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financia! assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction casts and are subsequently carried at amortised cost using the effective interest methad unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Basic financial liabilities Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled.

13

Gate Church International SCIO

Notes to the financial statements (continued)

i 1Accounting policies (continued)

Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits. Funds

Unrestricted Funds - these are funds which can be used in accordance with the charitable objects at the discretion of the Trustees.

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Designated Funds - these are unrestricted funds which are expendable on specific projects as decided
by the Trustees.
Restricted Funds - these are funds that can only be used for particular restricted purposes within the
objects of the charity. Restricted funds arise when specified by the donor or when funds are raised for a
particular restricted purpose.
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A transfer occurs from the unrestricted funds to completely offset any deficit in the restricted funds that would otherwise exist at the accounting date.

Critical accounting estimates and judgements

In the application of the charity's accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

In preparing these financial statements, the Trustees have made the following judgements. Accruals are applied at the year end based upon known costs received post year end and the experience of the Trustees.

2

Key sources of estimation uncortainty

Revaluation of the heritage asset

The Trustees have adopted the revaluation model instead of cost model to measure the heritage asset's value. The revaluation involves estimating its fair value via research of comparable properties and relevant experience to ensure that the estimate reflects a deemed fair value. Since this is a specialised asset the Trustees have engaged a professional valuation service to arrive at its fair value in order to mitigate the estimation uncertainty. The likelihood of the asset being sold is low. Therefore, the uncertainty of the estimate is unlikely to be resolved. The particulars of the asset and its valuation are stated in note 13 of the financial statements.

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Gate Church International SCIO

Notes to the financial statements (continued)

10 Support costs (continued)

Allocation of staff time is based on a survey of time spent on governance activities.

Allocation of governance were assessed by Trustees and are deemed to be 1% of support costs, except where costs are deemed to be 100% governance.

Tota! expenditure includes the allocation of support costs to the various expenditure categories set out in the statement of financial activities. These support costs relate to information technology, property and facilities management, human resources, finance and governance, in addition to the support costs incurred that are not otherwise directly allocated.

Support costs have been allocated to activities on a basis consistent with the use of resources.

11	Employees
		2025	2024
	Numberofemployees	No.	No.
	The average monthly numberofemployees during theyearwas:
	Full-time equivalent	5	4
	Employment costs	£	£
	Wages and salaries	156,265	147,987
	Social security costs	4,290	6,540
	Pension costs	8,932	8,729
		169,487	163,256

There were no employees whose annual remuneration was £60,000 or more.

None ofthe Trustees received any remuneration (2024 = nil).

The charity considers its key management personnel comprise the Trustees and Senior Administrator. The total employment benefits of the key management personnel were Enil (2024 - £5,012).

21

Notes to the financial statements (continued)

Gate Church International SCIO

re

12 Tangible fixed assets

Tangible fixed assetsfixed assetsassets Building Improvement 2025 £	Tangible fixed assetsfixed assetsassets Building Improvement 2025 £	Tangible fixed assetsfixed assetsassets Building Improvement 2025 £	Fixtures, fittings& equipment £	Information& Communications Technology £	Production & instruments £	Total =
Cost At 1 April2024 Additions		294,087 1,130	210,922 -	29,601 -	12,217 7,594	546,827 8,724
At31 March 2025		295,217	210,922	29,601	419,811	555,551
Depreciation and
impairment At 1 April2024		156,391	210,922	14,894	11,777	393,984
Depreciation charged intheyear		29,266	-	4,664	1,629	35,559
At31 March 2025		185,657	210,922	19,568	13,406	429,543
Net book value At31 March 2025		109,560	.	10,043	6,405	126,008
At31 March2024		137,696	.	14,707	440	152,843
2024	Building improvement £		Fixtures, fittings& equipment £	Information& Communications Technology £	Production & instruments £	Total £
Cost At1 April2023 Additions		277 641 16,446	210,922 -	22,562 7,039	11,667 550	522,792 24,035
At 31 March2024		294,087	210,922	29,601	12,217	546,827
Depreciation and
impairment At 1 April2023		127,238	210,292	9,972	11,294	358,796
Depreciation charged intheyear		29,153	630	4,922	483	35,188
At 31 March2024		156,391	210,922	14,894	11,777	393,984
Netbook value At 31 March 2024		137 696	.	14,707	440	152,843
At31March2023		150,403	630	12,590	373	163,996

22

Gate Church International SCIO

Notes to the financial statements (continued)

13 Heritage assets

£

At 1 April 2024 and 31 March 2025

400,000

The heritage asset comprises of a church building and church hall where a contribution to knowledge and culture is derived from members of the community who benefit from its use, The charity also uses the building incidentally as an operational base to further promote knowledge and culture. On 8 March 2017 the charity initiated and adopted a policy to revalue the asset where a fair value of £400,000 had been provided by Graham and Sibbald, who are members of the Royal Institute of Chartered Surveyors.

Summary analysis of herltage asset transactions

		2025 £	2024 £
	Cost brought
	forward Revaluation	109,000 291,000	109,000 291,000
		400,000	400,000
14	Debtors
		2025 £	2024 =
	Amounts falling due within one year:
	Otherdebtors	3,341	1,625
15	Creditors	2025 £	2024 £
	Amount falling due within one year:
	Trade creditors Accruals	3,401 6,113	2,098 6,584
		9,514	8,682

23

Gate Church International SCIO

Notes to the financial statements (continued)

ee

16 Retirement benefit schemes

Defined contribution schemes The charity contributes to a defined contribution scheme with NEST (National Employment Savings Trust) in respect of staff. Contributions are charged to the incame and expenditure account when paid. The pension costs charged in the statement of financial activities represent the contributions payable by the charity during the year.

The charge to the profit or loss in respect of defined contribution schemes was £8,932 (2024 - £8,729).

17 Restricted funds

The income funds of the charity include restricted funds comprising the following unexpected balances of donations and grants held on trust for specific purposes:

				Transfer
2025	Balance at 1 April 2024 £	Income £	Expenditure £	from unrestricted funds £	Balanceat 31 March 2025 £
Capltai
Gate Church Carbon
Saving ProjectFund	67,100	-	(15,881)	-	51,219
Total restricted capital	67,100	.	(15,881)	-	51,219
Revenue
Building Fund Bus Stop Fund	94,019 1,113	- 210	- (687)	- -	94,019 636
Gate Church Carbon
Saving ProjectFund Youth&Student Project Wellbeing Project Dundee Partnership Fund Ukrainian ShoeboxAppeal Mission Fund Aenon Ministries	16,474 14,118 693 - 227 - :	- 26,460 396 260 - 15 4,000	- (21,014) - (250) (795) - (4,000)	(11,319) - - - 568 - -	§,155 19,564 1,089 - - 15 “
Total restrictedrevenue	126,644	31,331	(26,746)	(10,751)	120,478
Totalrestrictedfunds	193,744	31,331	(42,627)	(10,761)	171,697

Within the Carbon Saving Project the amounts for the solar panels were reallocated from restricted funds to unrestricted funds.

24

Gate Church International SCIO

Notes to the financial statements (continued)

17 Restricted funds (continued)

==> picture [392 x 276] intentionally omitted <==

----- Start of picture text -----
|||||||||| |---|---|---|---|---|---|---|---|---| |Transfer| |Balance|at|from|Balance|at| |2024|1|2023April|Income|Expenditure|unrestrictedfunds|31 March2024| |£|£|£|£|£| |Capital| |Gate|Church|Carbon| |Saving|Project Fund|83,194|-|(16,094)|-|67,100| |Total|restricted|capital|83,194|-|(16,094)|-|67,100| |Revenue| |Building|Fund|94,019|-|-|-|94,019| |Bus|Stop|Fund|702|411|-|-|1,113| |Gate|Church|Carbon| |Saving|Project Fund|31,072|1,665|(16,263)|-|16,474| |Youth|&|Student|Project|39,087|-|(24,969)|-|14,118| |Wellbeing|Project|853|1|(161)|-|693| |Dundee|Partnership|Fund|-|1,295|(1,354)|59|-| |Ukrainian|Shoebox|Appeal!|227|-|-|-|227| |Estonia|Mission|Trip|-|838|(838)|-|-| |Total|restricted|revenue|165,960|4,210|(43,585)|59|126,644| |Total|restricted funds|249,154|4,210|(59,679)|59|193,744|

----- End of picture text -----

Building Fund

The Building Fund was set up using gifts specified to be used to acquire appropriate accommodation for the Church in the future.

The Mission Fund

Makes donations and grants to other charitable organisations, both within the UK and abroad, for the furtherance of our charitable objectives.

Bus Stop Fund

The Bus Stop Fund is to provide care, compassion and support to people with drug or alcohol problems enabling them to improve their lives and to unlock their full potential.

Gate Church Carbon Saving Project

This project's primary source of funding is grants from the Scottish Governments "Climate Challenge Fund". This project involves the installation of energy efficiency measures to existing church accommodation and aims to promote behaviour changes towards low carbon lifestyles within the local community.

Youth & Student Project Fund

During 24/25 the funding grant from Springfield Education Trust was fully utilized, to continue the project working with youth and students in Dundee. Fundng was obtained from The Vardy Trust and a donation event from church members specifically for the Youth Project.

Wellbeing Project

Primarily funded by the Corra Foundation to provide emergency food and supplies to familes in crisis.

25

Gate Church International SCIO

Notes to the financial statements (continued)

a

17 Restricted funds (continued)

Dundee Partnership Fund Grant to cover costs of running a warm spaces project where the Coffee Bar was open to local residents and free food & drink were provided to help offset cost of living increases to fuel prices. Grant to cover costs of running a community picnic for local residents. This was funded only up to March 2025.

Estonia Mission Trip (Revenue) A fund created for individual to give special offerings towards the church sending a mission team to Estonia to support a partner church in Tallinn.

Ukrainian Shoebox Appeal (Restricted Revenue) A fund created for individuals to give towards Christmas gifts and other activities arranged by the church of the local community of Ukrainian Refugees.

Aenon Ministries (Restricted Revenue) A fund created as sponsorship for ministry.

18	Unrestricted funds
	2026	Balance at 4 April 2024 £	Income £	Expenditure £	Transfers between funds £	Balanceat 31 March 2025 £
	Designated Mission fund Building upgrades	22,691 12,223	32,145 -	(41,096) (1,478)	- -	13,740 10,745
		34,914	32,145	(42,574)	-	24,485
	General funds	574,384	296,827	(273,402)	10,751	608,560
	Total unrestricted funds	609,298	328,972	(315,976)	10,751	633,045
	2024	Balance at 1 April 2023 £	Income £	Expenditure £	Transfers between funds. £	Balance at 31 March 2024 £
	Designated Mission fund Buildingupgrades	22,670 13,701	27,806 -	(27,785) (1,478)	- -	22,691 12,223
		36,371	27,806	(29,263)	-	34,914
	General funds	569,682	253,381	(248,620)	(59)	574,384
	Total unrestricted funds	606,053	281,187	(277,883)	(59)	609,298

26

Gate Church International SCIO

Notes to the financial statements (continued)

18 Unrestricted funds (continued)

The Trustees have elected to designate £32,145 (2024 - £27,808) of the charity's unrestricted donations and the associated gift aid in support of the Mission Fund and teaching and ministry which provides donations and grants to other charitable organisations, both within the UK and abroad, for the furtherance of our charitable objectives.

The Trustees have elected to designate £nil (2024 — £nil) for building upgrades to include new AV equipment, roof repairs and creation of a new area in the main auditorium.

19

Analysis of net assets between funds

				Total
2026	Unrestricted £	Designated £	Restricted £	2025 £
Fund balances at 31 March 2025 are
represented by:
Tangibleassets Heritageassets Current assets/(liabilities)	64,044 400,000 144,516	10,745 . 13,740	61,219 - 120,478	126,008 400,000 278,734
	608,560	24,485	171,697	804,742
				Total
2024	Unrestricted £	Designated £	Restricted £	2024 £
Fund balances at 31 March 2024 are
represented by:
Tangible assets	73,520	12,223	67,100	152,843
Heritageassets	400,000	-	-	400,000
Current assets/(liabilities)	100,864	22,691	126,644	250,199
	574,384	34,914	193,744	803,042

20 Related party transactions

The charity received £21,785 (2024 - £26,848) as donations and gifts from 6 (2024 - 7) of the Trustees during the year. No personal benefit was received by the Trustees as a result of the donations and gifts provided.

The charity reimbursed expenses to one trustee (2024 — two) of £77 (2024 — £381).

27