CITYGATE CHRISTIAN OUTREACH CENTRE
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net income of £686,886 and total unrestricted reserves of £7,016,644, reflecting a significant increase in net assets due to the purchase of a new property. The trustees confirm adequate resources for the foreseeable future, though the charity holds a £6.4 million loan secured against its properties.
What the accounts disclose
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: In the band £60,001 - £70,000 1” — page 27
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: In the band £60,001 - £70,000 1” — page 27
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Abimbola Akinyemi Akingbolagun
- Arthur William Russell
- Cleo Amanda St Lewis
- Jason Pitter
- Nicolette Myrie
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.7m | £2.0m |
| 31/03/2024 | £2.0m | £1.7m |
| 31/03/2023 | £1.6m | £1.5m |
| 31/03/2022 | £1.7m | £1.1m |
| 31/03/2021 | £1.2m | £847k |
Common questions
Is CITYGATE CHRISTIAN OUTREACH CENTRE financially healthy?
The accounts state that the charity reported a net income of £686,886 and total unrestricted reserves of £7,016,644, reflecting a significant increase in net assets due to the purchase of a new property. The trustees confirm adequate resources for the foreseeable future, though the charity holds a £6.4 million loan secured against its properties. Its FY2025 accounts were audited by Baldwin Scofield Limited.
What does the highest-paid employee of CITYGATE CHRISTIAN OUTREACH CENTRE earn?
Per its FY2025 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.