GATE WAY TRUST
Promote independence of those who have been affected by substance misuse, by providing support and information eg: access to local support networks; manage/organise educational and learning events; provide life skills training, information and services designed to enable independent living; make grants of money or provide items or services to improve quality of life.
Financial health, per its FY2025 accounts
The accounts state that the charity merged into a new CIO entity on 31 March 2025, resulting in nil unrestricted reserves carried forward. The charity reported a deficit of £89,070 for the year, having previously held reserves of £89,070 which were transferred to the new entity. The trustees' report indicates that the charity's ongoing financial model relies heavily on housing benefit and resident benefits to cover operational costs.
What the accounts disclose
“Benefits received 287,012” — page 32
“As at 31 March 2025, free reserves totalled fnil (2024: £81,169) due to the transfer to the new CIO.”
“The trustees have voted to close this charity and merge it with Gate Way Trust (charity number: 12080339). All assets and liabilities were transferred to this new CIO at the end of this financial year and this charity will no longer continue to operate after this period.” — page 30
“During the period to 31 March 2025, the following trustees received the following remuneration through salary: J Macbeth - £30,705 - = staff costs for role as Managing Director (2024: £18,347) D Piatkowski - £41,979 - staff costs for role as Managing Director (2024: £49,632) C Belshaw - £2,019 - staff costs for role as Finance Manager (2024: £nil).” — page 34
“During the period to 31 March 2025, one trustee donated fnil to the charity (2024: £1,000). There were no conditions on the donation.” — page 37
Year-over-year changes
- Going concern: no going-concern doubt (FY2024) → not a going concern (FY2025).
Trustees
- Mr Jeff Macbethchair
- Adam Roberts
- Anthony Gordon Priest
- Damian Piatkowski
- TRACEY ANN WILLS
- Tommy Rutter
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £480k | £475k |
| 31/03/2024 | £411k | £323k |
| 28/02/2023 | £12k | £17k |
| 28/02/2022 | £290 | £6k |
| 28/02/2021 | £5k | £4k |
Common questions
Is GATE WAY TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity merged into a new CIO entity on 31 March 2025, resulting in nil unrestricted reserves carried forward. The charity reported a deficit of £89,070 for the year, having previously held reserves of £89,070 which were transferred to the new entity. The trustees' report indicates that the charity's ongoing financial model relies heavily on housing benefit and resident benefits to cover operational costs. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| IMPETUS - THE PRIVATE EQUITY FOUNDATION | 1 | £1.6m |
| The Leathersellers' Foundation | 1 | £270k |
| MAN GROUP PLC CHARITABLE TRUST | 1 | £145k |
| THE EDWARD GOSTLING FOUNDATION | 1 | £141k |
| The Greatham Foundation Ltd | 1 | £100k |
| CHARITY OF SIR RICHARD WHITTINGTON | 1 | £79k |
| THE FORTE CHARITABLE FOUNDATION | 1 | £77k |
| SMALLWOOD TRUST | 1 | £61k |
Charities like this
- THE O'CONNOR GATEWAY TRUST
- CITY GATEWAY LIMITED
- GATEWAY (EDUCATION & CHILDCARE) TRUST LIMITED
- A WAY OUT
- TRINITY GATEWAY COMMUNITY SERVICES
- GATEWAY M40
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| GATE WAY TRUST | £480k | — | 0 | below | — | not going concern |
| THE O'CONNOR GATEWAY TRUST | £371k | — | 0 | unclear | — | no doubt |
| CITY GATEWAY LIMITED | £1.4m | — | — | unclear | — | no doubt |
| GATEWAY (EDUCATION & CHILDCARE) TRUST LIMITED | £875k | — | 0 | below | — | no doubt |
| A WAY OUT | £1.2m | — | 0 | unclear | — | no doubt |
| TRINITY GATEWAY COMMUNITY SERVICES | £1.1m | — | 0 | below | — | no doubt |