GATEWAY PEOPLE'S CENTRE
To promote the Christian faith base on sound scriptures and to reach the world for Jesus Christ
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net deficit of £9,209 for the year, with total resources expended (£96,520) exceeding total incoming resources (£87,311). Despite this deficit, unrestricted funds remained at £889,566, which the trustees note is maintained at a level equating to approximately three years of unrestricted expenditure. The trustees confirmed that systems are in place to manage strategic and operational risks.
What the accounts disclose
“The trustees have established a policy to maintain unrestricted funds, which are the free reserves of the charity, at a level which equates to approximately three years unrestricted expenditure, which equates to £150,000 in general fund.” — page 6
“Mrs J Ngobese received a renumeration of £12360 as a Minister in training. (2024 - £2,000)” — page 11
“Mrs J Ngobese received a renumeration of £12360 as a Minister in training. (2024 - £2,000)” — page 11
Trustees
- Adekemi Oni
- JACINTAH NGOBESE
- Ruth Hughes
- Stephen Thomas Trott
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £87k | £97k |
| 30/06/2024 | £102k | £62k |
| 30/06/2023 | £66k | £39k |
| 30/06/2022 | £61k | £37k |
| 30/06/2021 | £54k | £46k |
Common questions
Is GATEWAY PEOPLE'S CENTRE financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a net deficit of £9,209 for the year, with total resources expended (£96,520) exceeding total incoming resources (£87,311). Despite this deficit, unrestricted funds remained at £889,566, which the trustees note is maintained at a level equating to approximately three years of unrestricted expenditure. The trustees confirmed that systems are in place to manage strategic and operational risks. Its FY2025 accounts were independently examined.