GATEWAY CHURCH - BRIDGEND VALLEYS
The advancement of the Christian faith in particular (but without limitation) by providing worship, prayer and Christian teaching.
Financial health, per its FY2024 accounts
The accounts state that the charity's unrestricted funds decreased from £39,743 to £31,587, resulting in a net payment of £7,156 for the period. Total receipts of £28,357 were insufficient to cover total payments of £35,513, indicating a reliance on existing reserves to fund current operations.
What the accounts disclose
“No remuneration or trustee expenses were paid to any trustee during the period, nor to any person connected to them other than salary and pension payments to Kate Thomas and her husband Rhod Thomas totalling £30,212.” — page 9
Trustees
- Katie-Jayne Thomaschair
- Anne Wilson
- Christopher John Goldring
- David John Burnell
- Joshua Neil Matthews
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £28k | £36k |
| 31/12/2023 | £48k | £8k |
Common questions
Is GATEWAY CHURCH - BRIDGEND VALLEYS financially healthy?
Per its FY2024 accounts: The accounts state that the charity's unrestricted funds decreased from £39,743 to £31,587, resulting in a net payment of £7,156 for the period. Total receipts of £28,357 were insufficient to cover total payments of £35,513, indicating a reliance on existing reserves to fund current operations. Its FY2024 accounts were independently examined.