Charity Accounts Intelreading the accounts so you don’t have to

Gateway Waterside

Registered charity 1143971 · accounts filings on the Charity Commission register · also known as Gateway Church, NEW FOREST COMMUNITY CHURCH · listed website unreachable when last crawled

Latest income
£140k
Latest spending
£69k
Registered
2011
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity made a loss over the financial year due to challenges in meeting together after the pandemic, resulting in a net expenditure of £11,427. However, the trustees report that reserves remain in a very healthy position, with total net assets of £125,350, supported by well-performing ethical investments. The trustees are convinced the charity will continue to meet its objectives and advance its faith-based activities.

What the accounts disclose

Reserves policy: three months of average expenditure (held: £125k)
“The Trust’s policy is to allow reserves to accrue to a level of three months’ average expenditure, plus funds which may be earmarked for specific projects in the future.”
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: The document states no payments were made to trustees or connected persons, but lists Pastor Tony Hodder as Centre Manager for CAP (a related charity) and mentions financial support to MAF family closely connected to the church. However, Note 11 explicitly states 'No material transaction took place between the charity and the Trustees or any person connected with them.' Therefore, no specific monetary related party transaction is disclosed in the financial notes.
“No payments were made to Trustees or any persons connected with them during this financial period. No material transaction took place between the charity and the Trustees or any person connected with them.” — page 13
Per its FY2023 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Register events

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Hampshire

Income and spending

Financial year endIncomeSpending
31/03/2025£140k£69k
31/03/2024£71k£62k
31/03/2023£59k£68k
31/03/2022£55k£65k
31/03/2021£52k£60k

Common questions

Is Gateway Waterside financially healthy?

The accounts state that the charity made a loss over the financial year due to challenges in meeting together after the pandemic, resulting in a net expenditure of £11,427. However, the trustees report that reserves remain in a very healthy position, with total net assets of £125,350, supported by well-performing ethical investments. The trustees are convinced the charity will continue to meet its objectives and advance its faith-based activities. Its FY2023 accounts were independently examined.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
SANTANDER UK FOUNDATION LIMITED1£41k
THE FYRISH FOUNDATION1£10k
REGIONS BEYOND UK1£3k
HOPE CHURCH HARROGATE1£375

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with GATEWAY CHURCH ASHFORD.