HALLELUYAH GATE MINISTRIES
Advancement of the CHRISTIAN RELIGION.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £705 in the prior year but achieved a net income of £5,001 in the current year, resulting in an overall increase in total net assets from £19,757 to £14,756 (a reduction in deficit). However, the balance sheet reveals significant long-term creditors of £21,198 against net current assets of only £6,593, indicating a reliance on long-term liabilities to fund operations.
What the accounts disclose
Trustees
- ANTHONY IKEMEFUNA
- Donatus Okoro
- EDITH EKWULIRA ENEANYA-BONITO
- OLUSOLA OBASA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £64k | £59k |
| 29/02/2024 | £57k | £57k |
| 28/02/2023 | £55k | £63k |
| 28/02/2022 | £97k | £92k |
| 28/02/2021 | £85k | £88k |
Common questions
Is HALLELUYAH GATE MINISTRIES financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £705 in the prior year but achieved a net income of £5,001 in the current year, resulting in an overall increase in total net assets from £19,757 to £14,756 (a reduction in deficit). However, the balance sheet reveals significant long-term creditors of £21,198 against net current assets of only £6,593, indicating a reliance on long-term liabilities to fund operations. Its FY2025 accounts were independently examined.