HEAVEN'S GATEWAY MINISTRIES (SOLUTION GROUND)
1. Advancement of the Christian Faith2. The relief of poverty3. Helping building up people by maximising their potentials4. To help rebuilding lives - up who will build a good society5. Raising men and women who will be able to help others live responsible lives.
Financial health, per its FY2024 accounts
The accounts state that total unrestricted funds increased to £119,401, with a net income of £49,522 for the year. The charity holds significant fixed assets valued at £641,567 against creditors of £55,176, resulting in total net assets of £121,917. The trustees consider the financial performance satisfactory and confirm resources are adequate.
What the accounts disclose
Trustees
- Chibuike Ekene Nwafor
- OBINNA CHUKWUKA NWAFOR
- PASTOR CHIKERE NWAFOR
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £198k | £148k |
| 31/12/2023 | £90k | £92k |
| 31/12/2022 | £167k | £129k |
| 31/12/2021 | £144k | £122k |
| 31/12/2020 | £225k | £155k |
Common questions
Is HEAVEN'S GATEWAY MINISTRIES (SOLUTION GROUND) financially healthy?
Per its FY2024 accounts: The accounts state that total unrestricted funds increased to £119,401, with a net income of £49,522 for the year. The charity holds significant fixed assets valued at £641,567 against creditors of £55,176, resulting in total net assets of £121,917. The trustees consider the financial performance satisfactory and confirm resources are adequate. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| HOPE CHURCH HARROGATE | 1 | £3k |
Charities like this
- GATEWAY CHURCH
- FOUNTAIN GATE CHAPEL (HARLOW)
- GATEWAY MINISTRIES
- Gateway Waterside
- GATEHOUSE APOSTOLIC MINISTRIES INTERNATIONAL
- CITY GATE FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| HEAVEN'S GATEWAY MINISTRIES (SOLUTION GROUND) | £198k | — | 0 | unclear | — | no doubt |
| GATEWAY CHURCH | £411k | — | 0 | below | — | no doubt |
| FOUNTAIN GATE CHAPEL (HARLOW) | £148k | — | 0 | unclear | — | no doubt |
| GATEWAY MINISTRIES | £1.2m | — | 0 | unclear | — | no doubt |
| Gateway Waterside | £140k | — | 0 | unclear | — | no doubt |
| GATEHOUSE APOSTOLIC MINISTRIES INTERNATIONAL | £126k | — | 0 | above | — | no doubt |