HEAVEN'S GATEWAY MINISTRIES (SOLUTION GROUND)
Latest income
£198k
Latest spending
£148k
Registered
2009
Accounts read
FY2024
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?
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 |
|---|---|---|
| NEW COMMUNITY CHURCH S.E. LONDON | 1 | £152k |
| THE DERBYSHIRE ENVIRONMENTAL TRUST LIMITED | 1 | £16k |
| THE ANCHOR FOUNDATION | 1 | £4k |