Company registration No. 3060710
Chartty registration No. 1046923
CORNERSTONE CHRISTIAN CENTRE- GROVE
A company limited by guarantee
FINANCIAL sfATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Contents:
Pagel-2
Directors. report
Page 3
Independent Examinerfs report
Page 4
Statement of financial actNities
Page 5
Balance sheet
Page 6
Statement of cash flows
Page7-8
Notes to the financial statements

Page I
CORNERSTONE CHRISTIAN CENTRE - GROVE
TRUSTEES, ANNUAL REPORT INCLUDING DIREcfoRS' REPORT FOR THE YEAR ENDED 31 MARCH 2024
The directors have pleasure in presenting their report and the financial statements of the company for the year
ended 31 March 2024.
Reference and administrative details
The company is a registered charity no. 1046923, whose full name is Cornerstone Christian Centre
Grove.
The principal office and registered office of the charity is- 10 Savile Way, Grove, Wantage, Oxon, OX12 OPT.
The directors {who are also the charity trustees) are as follows-_
Mrs L S Culley
Mrs M C Hawkins
Mrs Ljones
Mrs W McEwan
Mr M J C Morgan (appointed 2514/231
Mrs S R Parnell
Mrs A S Rance
Structurei governance and management
The charity is a company limTrted by guarantee. registration no. 3060710. and it is therefore governed by its
Memorandum and Articles of Association.
New trustee directors are appointed from time to time as required by the founding churches.
Objectives and activities
The company continues to pursue the objects for which it wa5 set up, in advancing religion by propagating the
teachings of the Christian Church both by direct contact with individuals and through providing a Christian
presence in the community. by the establishment of a Christian Centre in Grove, Oxon.
Achievements and perfomiance
The Centre continues to supply Christian literature and other items, as well as providing a meeting place and
refreshment facilities open to all in the local community.
In carrying out its activities in the year under review. the trustees have had regard to the public benefit guidance
issued by the Charity Commission as required by section 17151 of the Charities Act 2011. and are satisfied that the
activities mentioned above have all been for the public benefit.

Page 2
CORNERSTONE CHRISTIAN CENTRE- GROVE
TRUSTEES, ANNUAL REPORT INCLUDING DIRE￿OR5 REPORT FOR THE YEAR ENDED 31 MARCH 2024 (Cont.)
Flnancial review
The results for the year are set out on page 4. The company made a surplus of nearly £8,400 in the year
compared with a deficit of £4,800 in the previous year. This was largely thanks to higher income from
activities for generating funds, combined with overhead expenses being tightly controlled.
The company has insufficient monies available for investment purposes to warrant a formal investment policy
at the present time.
The major risks to which the company is exposed, as identified by the directors, are regularly reviewed.
Systems are in place to mitigate those risks and further systems are established as necessary.
The accounts have been prepared in accordance with the provisions of the Companies Act 2006 relating to
small companies.
Reserves policy
The company holds no long term reserves. Its policy is to build up sufficient liquid reserves to cover six
months, outgoings.
Independent examiner
David Cooke & Co, Chartered Accountants, have indicated their willingness to continue in office. A resolution
to re-appoint them will be presented to the members at the Annual General Meeting.
By Order of the Board
S Parnell, Director
Date: 17 June 2024

Page 3
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF CORNERSTONE CHRISTIAN CENTRE - GROVE
I report on the accounts ofthe Company for the year ended 31 March 2024, which are set out on pa8es 4t0 9.
Respertlve responslbllltles of dlrertors and Independent examiner
The company's directors, who are the charity's trustees. are responsible for the preparation of the accounts. The charity's
trustees consider that an audit is not required for this year (under sertion 144{21 of the Charitie5 Act 2011 {the Actll and
that an independent examination is needed.
It is my responsibility to:
examine the accounts lunder section 145 of the Act):
to follow the procedures laid down in the General Dirertions given by the Charity Commissioners (under section
145151 Ibl of the Act),. and
to state whether particular matters have come to my attention.
Basls of Independent examiner's report
My examination was carried out in accordance with the General Dirertion5 given by the Charity Commissioners. An
examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented
with those records. It also includes consideration of any unustsal items or (lisclosures in the accounts, and seeking
explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the
evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the
accounts.
Independent examiner's statement
In connection with my examination, I can confirm that-
11 in accordance with Regulation 31 of The Charities (Accounts and Reports) Regulations 2008. the accounts of this
incorporated charity are not required to be audited under Part 16 of the Companies Act 2006,.
21 this is a report in respect of an examination carried out under section 145 of the Charities Att 2011 and in accordance
with any directions given by the Commission under that section which are applicable. and
31 that no matter has come to my attention in connection with my examination which gives me reasonable cause to
believe that in any material respect the requirements
to keep accounting records in accordance with section 386 of the Companies Act 2006,.
to prepare financial statements which accord with the accounting records and comply with the accounting
requirements of section 396 of the Companies Act 2006 and-
that the financial statements be prepared in accordance with the methods and principles set out in the
Statement of Recommended Practice.. Accounting and Reporting by Charities (effective 111120151
have not been met,. or
to which, in my opinion, attention should be drawn in my report in order to enable a proper understanding of the
accounts to be reached.
David Cooke MA IOxon} FCA FCIE
David Cooke and Co.
Chartered Accountants
5 Briar Close, 8anbury, Oxon OX16 9DS
17 June 2024

Page 4
CORNERSTONE CHRISTIAN CENTRE - GROVE
STATEMENT OF FINANCIAL AcrivrriES FOR THE YEAR ENDED 31 MARCH 2024
(incorporating the company's income & expenditure account)
2024
2023
Note
Incomlng Resources
From
enerated funds
Voluntary income
Activities for generating funds
Grants
Investment income
35,164
93.716
34,937
81,920
470
128
From charitable activities
Sales of Christian literature, etc.
21,329
20.551
Total incoming resources
150,679
137,536
Resources expended
Cost of Generatin
Funds
Costs of generating voluntary income
Fundraising trading: cost of goods sold, etc.
26.142
21,766
26,142
21,766
Charitable Activities Ex
enditure
116,147
120,604
Total Resources Expended
142.289
142,370
Net Movement of Resources in the Year
8,390
14,8341
General Fund brought forward
41.676
46.510
General Fund carried forward
50.066
41.676
The notes on pages 7 to 9 form part of these financial statements.

Page 5
CORNERSTONE CHRisfiAN CENTRE- GROVE
BALANCE SHEET AS AT 31 MARCH 2024
Note
2024
2023
FIXED ASSErs
Tangible Assets
8.722
8,378
CURRENT ASSErs
Stock
Debtors
Cash at Bank & in hand
18.763
8.420
28,066
55,249
20,707
7,222
20,103
48,032
CREDITORS:
Due within one year
13,905
14.734
41,344
33,298
NET ASSETS
50,066
41,676
Financed by-
RESERVES
Accumulated Income Fund
50,066
41,676
The directors are satisfied that the comDanv is entitled to exemDtion from the reauirement to obtain
an audit under section 477 of the ComDanies Art 2006 and that members have not reauired the comDanv
to obtain an audit in accordance with section 476 of the Act.
The director5 3cknowledRe their resDonsibilities for comDlvinq with the reauirements of the ComDanies
Act 2006 with resoect to accountinR records and the DreDaration of accounts.
The accounts have been prepared in accordance with the Drovisions in Part 15 of the Companies Act
aDDlicable to companies subiect to the small comDanies re2ime.
Approved on behalf of the Board:
S Parnell, Director
Date: 17 June 2024
The notes on pages 7 to g form part of these financial statements.

Page 6
CORNERSTONE CHRISTIAN CENTRE- GROVE
STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Cash flows from operating activities:
Net income/lexpenditure) for the year
Adjustments for:
Depreciation charges
Loss / (profit} on sale of fixed assets
Interest
Ilncreaselldecrease in stocks
Ilncreasel/decrea5e in debtors
Increase/ldecreasel in creditors
8.390
14,834)
4,563
5,370
(4701
1,944
(1,1981
(8291
1128)
5,096
1,008
1,199
Net cash provided by/(u5ed in) operating artivitie5
12.400
7,711
Cash flows from investing artivities:
Dividends. interest and rents
Proceeds from sale of property. plant & equipment
Purchase of property, plant and equipment
470
128
(4,9071
(3,268)
{4,437)
13,1401
Change in cash & cash equivalents In the year
7,963
4,571
Cash & cash equivalents at the start of the year
20,103
15.532
Cash & cash equivalents at the end of the year
28.066
20,103
The notes on pages 7 to 9 form part of these financial 5taternents.

Page 7
CORNERSTONE CHRISTIAN CENTRE- GROVE
NOTESTO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
l. Accounting Policies
The following accounting policies have been used consistently in dealing with items which are
considered material in relation to the charity's financial statements.
Basis of accountin
The financial statements have been prepared under the historical cost convention and in
accordance with the Charities Statement of Recommended Practice: "Accounting and Reporting
by Charities- Statement of Recommended Practice applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic
of Ireland (FRS 1021 (effective l January 20151"; and with applicable regulations.
Goin
concern
The directors have reasonable expectations that the charity has adequate resource5 to tontinue
in operational existence for the foreseeable future and have thus prepared the accounts on the
going concern basis.
Incomin
Resources
Voluntary income represents donations received during the year, including tax repayment5
receivable.
Activities for generating funds represents sales of general items.
Income from charitable activities comprises sales of Christian literature, etc.
Resources Ex
ended
The costs of generating voluntary income represents advertising costs.
Fundraising trading costs represent the costs of general items sold,
Charitable Activities Expenditure comprises all other expenditure directly related to the charity's
work. It includes both costs that can be allocated directly to such activities and those costs of
an indirect nature necessary to support them, including support and governance costs.
VAT
The charity is regiestered for VAT. Income and expendtture are therefore shown net of VAT.
Tan
ible Fixed Assets and De
reciation
Depreciation is provided on fixed assets on a straight line basis to write off the cost of the assets
over their expected useful lives. at the following annual rates:
Equipment
Furniture & Fixturess
Improvement to Leasehold property
20%
Over period of lease

Page 8
CORNERsfoNE CHRISTIAN CENTRE- GROVE
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 (cont.)
2024
2023
2. Charitable Activities Expenditure
Core costs
Purchases of Christian books, etc.
Wages & Salaries
Music licence
15,971
62.534
301
16,429
70,811
72
78,806
87,312
ort Costs
Rent, Rates & Services
Light, Heat & Water
Cleaning & Refuse collection
Repairs and Renewals
Insurance
Depreciation
13.455
5.554
5.480
3,224
672
4.563
12,824
3.954
2.681
3,164
672
5.370
32.948
28,665
Administration Ex
enses
Telephone & internet costs
Postage & Stationery
Bank Charges
Book-keeping
Independent examination
Miscellaneous
651
710
997
789
1,376
400
355
4,627
1,240
420
190
4.393
Total Charitable Expenditure
116,147
120,604
3. Net Movement of Resources
This 15 Stated after charging:_
Depreciation
Independent Examiner's Remuneration
Director'5 Remuneration
5.370
5,370
400
4. Wages & Salarles
Gross salaries
Employers, NIC
Training costs
61,414
703
417
70,014
749
48
62.534
70,811
The average number of staff Ifull-time equivalent) during the year was 312023: 3). No staff member
received in excess of £60,000 in the year12023- none). No director received any remuneration in the
year. nor was reimbursed any expenses12023= none).

Page 9
CORNERSTONE CHRISTIAN CENTRE- GROVE
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 {Cont.)
5. Tangible Fixed Assets
Improvements to Furniture &
Leasehold Pro
ui
Total
Cost or Valuation
At l April 2023
Additions
Disposals
At 31 March 2024
49,143
38,152
4,907
13,5681
39.491
87,295
4,907
13,568)
88.634
49,143
reciation
At l April 2023
Disposals
Charge for the Year
At 31 March 2024
42,012
36,905
(3,5681
1,435
34.772
78,917
13,568}
4,563
79,912
3.128
45,140
Net Book Value 31 March 2024
4.003
4,719
8.722
Net Book Value 31 March 2023
7.131
1.247
8.378
All of the fixed assets are used for direct charitable purpose5.
2024
2023
6. Creditors: Amounts due Within One Year.
Trade creditors & accruals
Other Taxes and Social Security
10.411
3,494
13.905
10,358
4.376
14,734
7. Contingent Liabilities
There were no contingent liabilities at 31 March 2024 {2023: nil)
8. Capital commitments
There were no capital commitments at 31 March 2024 {2023: nil)