LIFEGATE OUTREACH CENTRE
- GENERAL CHARITABLE PURPOSES - EDUCATION / TRAINING - THE ADVANCEMENT OF HEALTH OR SAVING OF LIVES - THE PREVENTION OR RELIEF OF POVERTY - RELIGIOUS ACTIVITIES - ENVIRONMENT / CONSERVATION / HERITAGE - ECONOMIC / COMMUNITY DEVELOPMENT / EMPLOYMENT
Objects
A) TO ADVANCE THE CHRISTIAN RELIGION FOR THE PUBLIC BENEFIT BY ENABLING AND ENCOURAGING THE WORSHIP OF GOD THROUGH JESUS CHRIST BY THE HOLDING OF PUBLIC CELEBRATION OF SERVICES, PRAYER MEETINGS AND CHRISTIAN CONFERENCES.B) TO PROVIDE A CENTRE CONDUCTED ACCORDING TO CHRISTIAN PRINCIPLES FOR THE ADVANCEMENT OF THE CHRISTIAN RELIGION, FOR THE ADVANCEMENT OF EDUCATION, THE RELIEF OF NEED HARDSHIP OR DISTRESS AND OTHER CHARITABLE PURPOSES FOR THE GENERAL BENEFIT OF THE INHABITANTS OF THE NEIGHBOURHOOD OF WALSALL AND SURROUNDING AREAS.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net surplus of £50,327 for the year, increasing its total net assets to £646,524. The trustees confirm that the financial statements have been prepared on a going concern basis, with unrestricted reserves of £576,107 significantly exceeding the stated policy target of three months of funds. The charity holds substantial tangible fixed assets valued at £725,000, offset by a bank loan liability of £275,737.
What the accounts disclose
“The trustees ensure the company has three months of funds available at all time.” — page 4
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Property (HM Land Registry)
Trustees
- Comfort Auduchair
- DR DAVID ABAWON OLUGBENGA OLOKE PHD CENG
- Joel Noumi Noumi
- LOLA OLAYINKA OLOKE RMNH
- Oluwatoyin Dare
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £264k | £213k |
| 31/07/2024 | £445k | £245k |
| 30/07/2023 | £326k | £198k |
| 30/07/2022 | £259k | £181k |
| 30/07/2021 | £201k | £127k |
Common questions
Is LIFEGATE OUTREACH CENTRE financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net surplus of £50,327 for the year, increasing its total net assets to £646,524. The trustees confirm that the financial statements have been prepared on a going concern basis, with unrestricted reserves of £576,107 significantly exceeding the stated policy target of three months of funds. The charity holds substantial tangible fixed assets valued at £725,000, offset by a bank loan liability of £275,737. Its FY2025 accounts were independently examined.