GATEWAY CHRISTIAN CENTRE
Gateway Christian Centre operates as a local Christian church in West Bromwich providing services such as:Public worship services, Communion, Baptisms, Weddings, Funerals, Pastoral Care, Marriage guidance, Family support, Food support for needy families both within the congregation and in the wider community, Children's ministry, Youth work, Young leader mentorship, Moms and Toddlers group etc.
Financial health, per its FY2024 accounts
The accounts state that the charity generated a net income surplus of £76,712 for the year ended 31 December 2024, with total income of £745,078 and total expenditure of £668,366. Per the trustees' report, cash reserves held for future expenditure amounted to £293,145, which includes restricted funds of £112,836. The charity operates a defined contribution pension scheme and has no disclosed trading subsidiaries or related-party transactions.
What the accounts disclose
“the long term aim is to hold between 3 and 6 months expenditure reserves.” — page 5
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (17/02/2016)
Trustees
- David L'Herroux
- Dr Olutanbosun Lawal
- John Quintanilla
- Neil Easton
- Stuart Freeman
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £745k | £668k |
| 31/12/2023 | £747k | £626k |
| 31/12/2022 | £638k | £641k |
| 31/12/2021 | £594k | £647k |
| 31/12/2020 | £628k | £592k |
Common questions
Is GATEWAY CHRISTIAN CENTRE financially healthy?
Per its FY2024 accounts: The accounts state that the charity generated a net income surplus of £76,712 for the year ended 31 December 2024, with total income of £745,078 and total expenditure of £668,366. Per the trustees' report, cash reserves held for future expenditure amounted to £293,145, which includes restricted funds of £112,836. The charity operates a defined contribution pension scheme and has no disclosed trading subsidiaries or related-party transactions. Its FY2024 accounts were independently examined.