CITY GATE FOUNDATION
To advance the Christian Faith in the United Kingdom mainly but not exclusively for the benefit of the public by producing and distributing Christian literature, holding of lectures and seminars to enlightens others about the Christian religion, providing financial assistance and other charitable forms of assistance to individuals and organisations.
Financial health, per its FY2024 accounts
The accounts state that total incoming resources were £114,871 against total resources expended of £113,796, resulting in a net movement in funds of £1,075. Unrestricted reserves (total funds) increased to £3,813, which is below the stated policy target of three months of unrestricted expenditure. The trustees confirm the charity is a going concern with no material uncertainties identified.
What the accounts disclose
Trustees
- Bosede Tosin Afolayan
- Emily Ojo-Dosunmu
- Murewa Mary Taiwo
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £115k | £114k |
| 31/12/2023 | £222k | £221k |
| 31/12/2022 | £146k | £144k |
| 31/12/2021 | £25k | £24k |
Common questions
Is CITY GATE FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that total incoming resources were £114,871 against total resources expended of £113,796, resulting in a net movement in funds of £1,075. Unrestricted reserves (total funds) increased to £3,813, which is below the stated policy target of three months of unrestricted expenditure. The trustees confirm the charity is a going concern with no material uncertainties identified. Its FY2024 accounts were independently examined.