THE WALKERGATE TRUST
The Walkergate Trust supports the advancement of the Christian faith in the United Kingdom or the world, in particular but not exclusively by supporting the work of Hope Church Tyneside.
Financial health, per its FY2024 accounts
The accounts state that total income was £60,395 against total payments of £63,435, resulting in a deficit of £3,040. The trustees note that monthly expenditure exceeds income but the gap is reducing, and they plan to use substantial reserves to fund this deficit while aiming for a medium-term surplus. Accumulated funds are considered adequate to meet unexpected liabilities.
What the accounts disclose
“Total income received amounted to £60,395, the principal item being donations.” — page 3
Register events
- Received assets from another charity (23/07/2019)
Trustees
- GUY RODERICK LETTSchair
- David Roger Lovelock
- JULIA SHARON SANDERS
- MATTHEW KEILLER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £60k | £63k |
| 31/12/2023 | £48k | £65k |
| 31/12/2022 | £43k | £55k |
| 31/12/2021 | £63k | £28k |
| 31/12/2020 | £48k | £39k |
Common questions
Is THE WALKERGATE TRUST financially healthy?
Per its FY2024 accounts: The accounts state that total income was £60,395 against total payments of £63,435, resulting in a deficit of £3,040. The trustees note that monthly expenditure exceeds income but the gap is reducing, and they plan to use substantial reserves to fund this deficit while aiming for a medium-term surplus. Accumulated funds are considered adequate to meet unexpected liabilities. Its FY2024 accounts were independently examined.