CITY GATEWAY LIMITED
At City Gateway, we imagine a society where everyone reaches their full potential; where the future is not defined by the past or determined by the place a person starts. We offer 1-2-1 support, training courses, Traineeships and Apprenticeships for disadvantaged young people, and give young people vital experience, much needed confidence and essential skills to ready them for the workplace.
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net surplus of £18,463 for the year ended 31 August 2023, with total income of £1.4 million. Per the trustees' report, free reserves stood at £162,000, which corresponds to 1.4 months of expenditure, while the stated reserves policy aims to maintain sufficient cash to cover at least 3 months of future expenditure.
What the accounts disclose
“Our reserves policy is to aim to maintain sufficient cash reserves to cover at least 3 months future expenditure.” — page 9
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/08/2023)
Trustees
- Mark Huxleychair
- Adam Pizzey
- Barri Disu
- Florence Ponle
- Marva de la Coudray
- Rafaela Amusu
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | — | — |
| 31/08/2024 | — | — |
| 31/08/2023 | £1.4m | £1.4m |
| 31/08/2022 | £1.7m | £1.6m |
| 31/08/2021 | £1.6m | £1.6m |
Common questions
Is CITY GATEWAY LIMITED financially healthy?
Per its FY2023 accounts: The accounts state that the charity reported a net surplus of £18,463 for the year ended 31 August 2023, with total income of £1.4 million. Per the trustees' report, free reserves stood at £162,000, which corresponds to 1.4 months of expenditure, while the stated reserves policy aims to maintain sufficient cash to cover at least 3 months of future expenditure. Its FY2023 accounts were audited by Forvis Mazars LLP.
Who funds CITY GATEWAY LIMITED?
Funders whose own accounts filings name CITY GATEWAY LIMITED as a grant recipient include IMPETUS - THE PRIVATE EQUITY FOUNDATION, UBS UK Donor-Advised Foundation, MAN GROUP PLC CHARITABLE TRUST, THE CHILDHOOD TRUST, CINVEN FOUNDATION.
Known funders
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 07/05/2021 | £10k | Bright Starts |
| The National Lottery Community Fund | 24/02/2020 | £10k | Reaching Potential |
| Greater London Authority | 08/04/2015 | £45k | Grant to City Gateway |
| City Bridge Foundation | 09/05/2013 | £127k | Grant to City Gateway |
| The National Lottery Community Fund | 12/01/2012 | £10k | MyFamilyGateway |
| The National Lottery Community Fund | 22/01/2010 | £10k | City Gateway's learning and support hub |
| The National Lottery Community Fund | 10/08/2006 | £5k | Multimedia Outreach Bus |
Charities like this
- GATEWAY QUALIFICATIONS LIMITED
- GATEWAY (EDUCATION & CHILDCARE) TRUST LIMITED
- CITY GATE FOUNDATION
- GATEWAY (YORK) CIO
- GATE WAY TRUST
- LIVERPOOL GATEWAY CENTRE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CITY GATEWAY LIMITED | £1.4m | — | — | unclear | — | no doubt |
| GATEWAY QUALIFICATIONS LIMITED | £6.2m | — | — | above | — | no doubt |
| GATEWAY (EDUCATION & CHILDCARE) TRUST LIMITED | £875k | — | 0 | below | — | no doubt |
| CITY GATE FOUNDATION | £115k | — | 0 | unclear | — | no doubt |
| GATEWAY (YORK) CIO | £419k | — | 0 | unclear | — | no doubt |
| GATE WAY TRUST | £480k | — | 0 | below | — | not going concern |