GAP MINISTRIES
Gap Ministries founders Paul and Gayle Woods have begun a work to help the 30,000+ streetchildren in Mombasa, Kenya.The charity seeks to help street children by providing shelter, food, clothing education and training.Funding is provided by sponsers within the Uk, both corporate and individual to support this work.Please see www.gapkenya.com for more information
Financial health, per its FY2025 accounts
The accounts state that the charity remained in a stable financial position with unrestricted reserves of approximately £10,000, representing around two months of average expenditure. The trustees consider this level of reserves appropriate to support ongoing operations and provide a prudent financial buffer against fluctuations in income or unforeseen expenditure.
What the accounts disclose
“The trustees have agreed a policy of maintaining unrestricted reserves in order to ensure the continuity and stability of the charity’s activities in the event of unexpected fluctuations in income or unforeseen expenditure.”
“The charity works closely with its founders, who currently reside in Kenya and oversee the day-to-day management of the projects. Any transactions or financial support involving trustees, founders or their immediate families are conducted in accordance with the charity’s conflict of interest policy and are fully disclosed in the financial statements where required.”
Trustees
- Cameron McAdam
- GAYLE WOODS
- Gill Barber
- Grace Thompson
- Moroluwa Adejuwon
- PAUL WOODS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £76k | £71k |
| 31/03/2024 | £49k | £59k |
| 31/03/2023 | £79k | £88k |
| 31/03/2022 | £57k | £48k |
| 31/03/2021 | £60k | £38k |
Common questions
Is GAP MINISTRIES financially healthy?
Per its FY2025 accounts: The accounts state that the charity remained in a stable financial position with unrestricted reserves of approximately £10,000, representing around two months of average expenditure. The trustees consider this level of reserves appropriate to support ongoing operations and provide a prudent financial buffer against fluctuations in income or unforeseen expenditure.