## Trustees’ annual repSection C: Notes to the accountsort for the period Period start date 0 1 0 1 2 3 Period end date 3 1 1 2 2 3 > Charity name Cornerstone Church Bristol Charity No 1 0 3 8 9 6 3 (if any) ## Objectives and Activities ||SORP
reference|| |---|---|---| |Summary of the purposes of the
charity as set out in its governing
document|Para 1.17|To propagate the Christian faith by preaching,teaching and
helping to meet community needs at home and overseas.
By provision of financial and human resources for welfare
and education in a Christian context.| |Summary of the main activities
in relation to those purposes for
the public benefit, in particular,
the activities, projects or services
identified in the accounts.|Para 1.17 and
1.19|General Charitable Purposes;
Education/training;
The alleviation of poverty;
Religious activities.| |Statement confirming whether the
trustees have had regard to the
guidance issued by the Charity
Commission onpublic benefit|Para 1.18|| ## Additional information (optional) You may choose to include further statements where relevant about: ||SORP
reference|| |---|---|---| |Policy on grant making|Para 1.38|| |Policy on social investment including
program related investment|Para 1.38|| |Contribution made by volunteers|Para 1.38|Member contributions and tithes are used in accordance
with the purposes of the charity (Para 1:17 and 1.19).| |Other||| Charity Accounts templates – Trustees’ annual report for the period October 2016 2 of 8 ## Achievements and Performance ||SORP
reference|| |---|---|---| |Summary of the main achievements
of the charity, identifying the
difference the charity’s work has
made to the circumstances of its
beneficiaries and any wider benefits
to society as a whole.|Para 1.20|Over this year, the church has continued to provide
spiritually, pastorally and financially for a regular
congregation of 70 people, 2 missionaries and their
families and many members of the wider community.
Significant repairs to the roof of our building were started in
2023, following guidance from the structural survey
commissioned the previous year. This has been funded
through the Gift Aid receipts during the year with further
building works due to be comissioned during 2024 & 2025
in line with the structural survey conducted in 2022.
Funding the urgent repairs has not impacted the Trustee’s
financial commitment to our primary purpose.| ## Additional information (optional) You may choose to include further statements where relevant about: ||SORP
reference|| |---|---|---| |Achievements against objectives set|Para 1.41|| |Performance of fundraising activities
against objectives set|Para 1.41|Following Biblical principles, the charity donates> 10%
of its income to worthy external causes. Although the
10% has not been met during the year this is due to a
strategic change in who we support with new external
causes being supported from 2024.The charity has
reached all objectives set in the year.| |Investment performance against
objectives|Para 1.41|| |Other||| Charity Accounts templates – Trustees’ annual report for the period October 2016 3 of 8 ## Financial Review ||SORP
reference|| |---|---|---| |Review of the charity’s financial
position at the end of the period|Para 1.21|The financial position has significantly
strengthened in 2023 due to the drawdown of 3
years worth of Gift aid from HMRC which will be
used to fund structural repair work to the building
along with other projects. Excluding the Gift Aid
the charity has made a loss of <£500.| |Statement explaining the policy for
holding reserves stating why they
are held|Para 1.22|3 months reserves are held| |Amount of reserves held|Para 1.22|£20,000| |Reasons for holding zero reserves|Para 1.22|N/A| |Details of fund materially in deficit|Para 1.24|N/A| |Explanation of any uncertainties
about the charity continuing as a
going concern|Para 1.23|The charity continues to be a going concern. The
Treasurer, a chartered accountant, keeps an eye on
the financial position and updates the Trust
board on a monthly basis. The charity has regular
income from members
and as proven during Covid, can flex it's outgoings
to compensate if income decreases.| ## Additional information (optional) You may choose to include further statements where relevant about: ||SORP
reference|| |---|---|---| |The charity’s principal sources of
funds (including any fundraising)|Para 1.47|Member and non-member donations| |Investment policy and objectives
including any social investment
policy adopted|Para 1.46|We tithe 10% of our income to support
projects in line with our trust objectives
of the relief of poverty and propogation of
the Christian faith| |A description of the principal risks
facing the charity|Para 1.46|Although COVID reduced attendance at Church and the recovery on
member attendance has been slower than anticipated, our income is
mostly given by bank transfer. This, plus gift aid, covers our running
costs and therefore the risk profile remains low| |Other||| Charity Accounts templates – Trustees’ annual report for the period October 2016 4 of 8 ## Structure, Governance and Management |Description of charity’s trusts:|SORP
reference|| |---|---|---| |Type of governing document
(trust deed,royal charter)|Para 1.25|Charitable Trust| |How is the charity constituted?
(e.gunincorporated association,CIO)|Para 1.25|Unincorporated Charitable Trust| |Trustee selection methods including
details of any constitutional
provisions e.g. election to post
or name of any person or body
entitled to appoint one or more
trustees|Para 1.25|Trustees are appointed by a unanimous or majority
vote of the trust board following recruitment of suitable
candidates which includes consulting with our Church
Elders.| ## Additional information (optional) You may choose to include further statements where relevant about: ||SORP
reference|| |---|---|---| |Policies and procedures adopted for
the induction and training of trustees|Para 1.51|We follow Charity Commission guidance.| |The charity’s organisational structure
and any wider network with which
the charityworks|Para 1.51|Evangelical Alliance| |Relationship with any related parties|Para 1.51|| |Other||| Charity Accounts templates – Trustees’ annual report for the period October 2016 5 of 8 ## Reference and Administrative details |Charity name|Cornerstone Church Bristol| |---|---| |Other name the charity uses|| |Registered charity number|1038963| |Charity’s principal address|Christchurch
Redland Road
Bristol
BS6 6AG| ## Names of the charity trustees who manage the charity |Trustee name|Office (if any)|Dates acted if not for
whole year|Name of person (or
body) entitled to appoint
trustee (if any)| |---|---|---|---| |Agnelo Lourenco||01/12/2023 current|| |Laurence Sampson|||| |Eliot Warr|Treasurer||| |Timothy Woodford|Chair||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| Charity Accounts templates – Trustees’ annual report for the period October 2016 6 of 8 ## Reference and Administrative details (cont) ## Corporate trustees – names of the directors at the date the report was approved Director name ## Name of trustees holding title to property belonging to the charity |Trustee name|Dates acted if not for whole
year|| |---|---|---| |||| |||| |||| |||| |||| |||| Charity Accounts templates – Trustees’ annual report for the period October 2016 7 of 8 ## Funds held as custodian trustees on behalf of others Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets ## Additional information (optional) Names and addresses of advisers (Optional information) Type of adviser Name Address Name of chief executive or names of senior staff members (Optional information) ## Exemptions from disclosure Reason for non-disclosure of key personnel details ## Other optional information Charity Accounts templates – Trustees’ annual report for the period October 2016 8 of 8 ## Declarations The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees Signature(s) Full name(s) Timothy Gordon Woodford Position (eg Secretary, Chair Chair, etc) Date 26/10/2024 Charity Accounts templates – Trustees’ annual report for the period October 2016 |**Charity Name**
**No (if any)**
**Receipts and payments accounts**
Period start date
Period end date
**For the period**
**from**
01-01-23
**To**
12-31-23
**CC16a**
——|**Charity Name**
**No (if any)**
**Receipts and payments accounts**
Period start date
Period end date
**For the period**
**from**
01-01-23
**To**
12-31-23
**CC16a**
——|**Charity Name**
**No (if any)**
**Receipts and payments accounts**
Period start date
Period end date
**For the period**
**from**
01-01-23
**To**
12-31-23
**CC16a**
——|**Charity Name**
**No (if any)**
**Receipts and payments accounts**
Period start date
Period end date
**For the period**
**from**
01-01-23
**To**
12-31-23
**CC16a**
——| |---|---|---|---| |**Section A Receipts and payments**|||| ||**Unrestricted**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**Total funds**||**Last year**| ||**to the nearest**
**£**
**to the nearest £**
**to the nearest £**
**to the nearest £**||**to the nearest £**| |**A1 Receipts**|||| |Offerings (inc Specials) (Gift aid avail)
**84,302**
**-**
**-**
**84,302**
**76,110**
Offerings (inc Specials) (Non Gift aid
avail)
**3,240**
**-**
**-**
**3,240**
**2,848**
Restricted funds offerings
**-**
**2,055**
**-**
**2,055**
**2,745**
Church room hire
**1,017**
**-**
**-**
**1,017**
**230**
Misc. Income
**-**
**-**
**-**
**-**
**264**
Gift aid
**52,582**
**-**
**-**
**52,582**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**_Sub total_**_(Gross income for_
_AR)_
**141,141**
**2,055**
**-**
**143,196**
**82,197**
~~aes~~|||| |**A2 Asset and investment**
**sales, (see table).**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**_Sub total_ - **
**-**
**-**
**-**
**-**
**_Total receipts_141,141**
**2,055**
**-**
**143,196**
**82,197**
= ~~SS===~~|||| |**A3 Payments**
Ministry salaries
**51,418**
**-**
**-**
**51,418**
**51,095**
Acts of Kindness
**1,531**
**-**
**-**
**1,531**
**3,248**
Mission work
**537**
**-**
**-**
**537**
**4,826**
Maintenance work
**6,095**
**1,629**
**-**
**7,724**
**7,265**
Insurance
**9,328**
**-**
**-**
**9,328**
**9,295**
Resources for childrens church, youth &
students
**4,795**
**-**
**-**
**4,795**
**4,619**
Website & equipment costs
**420**
**-**
**-**
**420**
**3,592**
Licence (CCPAS) & Professional fees
**1,996**
**-**
**-**
**1,996**
**1,198**
General overheads
**12,810**
**2,118**
**-**
**14,928**
**7,473**
**_Sub total_ 88,930**
**3,747**
**-**
**92,676**
**92,611**
a~~nes~~|||| |**A4 Asset and investment**
**purchases, (see table)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**_Sub total_ - **
**-**
**-**
**-**
**-**
**_Total payments_88,930**
**3,747**
**-**
**92,676**
**92,611**
S~~SSeS=~~|||| |**_Net of receipts/(payments)_52,211**
**-1,692**
**-**
**50,519**
**-10,414**
**A5 Transfers between funds**
**-**
**-**
**-**
**-**
**-**
**A6 Cash funds last year end**
**22,423**
**2,745**
**-**
**25,168**
**35,582**
**_Cash funds this year end_74,634**
**1,053**
**-**
**75,687**
**25,168**
**Section B Statement of assets and liabilities at the end of the period**
~~————~~|||| ||**Unrestricted**
**Restricted**||**Endowment**| |**Categories**|**Details**
**funds**
**funds**||**funds**| ||**to nearest £**
**to nearest £**||**to nearest £**| |**B1 Cash funds**|Bank
**74,763**
**1,053**
**-**
Cash
**1,500**
**-**
**-**
**-**
**-**
**-**
**_Total cash funds_76,263**
**1,053**
**-**
——_—||| ||(agree balances with receipts and payments||| ||account(s))
Agreement Error
OK||OK| ||**Unrestricted**
**Restricted**||**Endowment**| ||**funds**
**funds**||**funds**| ||**Details**
**to nearest £**
**to nearest £**||**to nearest £**| |**B2 Other monetary assets**|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
=====||| ||**Details**
**Fund to which**
**asset belongs**
**Cost (optional)**||**Current value**
**(optional)**| |**B3 Investment assets**|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
S=SSe||| ||**Details**
**Fund to which**
**asset belongs**
**Cost (optional)**||**Current value**
**(optional)**| |**B4 Assets retained for the**|**-**||**-**| |**charity’s own use**|**-**||**-**| ||**-**||**-**| ||**-**||**-**| ||**-**||**-**| ||**-**||**-**| ||**-**||**-**| ||**-**||**-**| ||**-**||**-**| ||**Fund to which**
**Amount due**||**When due**| ||**Details**
**liability relates**
**(optional)**||**(optional)**| |**B5 Liabilities**|**-**
**-**
**-**
**-**
**-**
===||| |CCXX R1accounts (SS)
Signed by one or two trustees on
behalf of all the trustees|1
10-30-24
Signature
Print Name
Date of
approval
——||| # **Independent examiner's report on the accounts** |**Section A**
**Independent Examiner’s Report**
~~a~~|**Section A**
**Independent Examiner’s Report**
~~a~~|**Section A**
**Independent Examiner’s Report**
~~a~~| |---|---|---| ||**Report to the trustees/**
**members of**|Charity Name
Cornerstone Ministries Trust (Cornerstone Church Bristol)| |||| ||**On accounts for the year**|31st December, 2023
**Charity no**
1038963| ||**ended**|**(if any)**| |||| ||**Set out on pages**|| |||(remember to include the page numbers of additional sheets)| |||I report to the trustees on my examination of the accounts of the above| |||charity (“the Trust”) for the year ended**31/12/2023**| ||**Responsibilities and**|As the charity trustees of the Trust, you are responsible for the preparation| ||**basis of report**|of the accounts in accordance with the requirements of the Charities Act| |||2011 (“the Act”).| |||I report in respect of my examination of the Trust’s accounts carried out| |||under section 145 of the 2011 Act and in carrying out my examination, I| |||have followed the applicable Directions given by the Charity Commission| |||under section 145(5)(b) of the Act.| ||**Independent**|I have completed my examination. I confirm that no material matters have| ||**examiner's statement**|come to my attention (other than that disclosed below *) in connection with| |||the examination which gives me cause to believe that in, any material| |||respect:| |||●
accounting records were not kept in accordance with section 130 of| |||the Act or| |||●
the accounts do not accord with the accounting records| |||I have no concerns and have come across no other matters in connection| |||with the examination to which attention should be drawn in order to enable| |||a proper understanding of the accounts to be reached.| |||*_Please delete the words in the brackets if they do not apply._| ||**Signed:**|J R Eke
**Date:**
29th October, 2024| ||**Name:**|John Robert Eke
~~PT~~| 1 **October 2018** **IER** ||**Relevant professional**
**qualification(s) or body**
**(if any):**
**Address:**|Fellow of the Association of Charity Independent Examiners| |---|---|---| |||| |||Soarview, 4 Stable Court| |||Malborough| |||Devon
TQ7 3FB| |||| |**Section B**
**Disclosure**||| Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). 2 **October 2018** **IER** **Give here brief details of any items that the examiner wishes to disclose** . 3 **October 2018** **IER**