Trustees. Annual Report for the period Ptrv)J eThJ dale From To 31 Section A Reference and administration details Registered chaTTty number (if any) 1n50254 Quary Hoh Street Headwsbn. Oxfo ,0X3T Names of the charity trustees who maroge the charlty P4Th of p•r6on lof body) •rrtItd Anthony Teagle Chikodi Echeta TrLte Churth Merrkner5' Meeting Churth Members. Meeting Church Members. Meeting Trustee TnJstee Wale Atoyebi 10 11 12 13 14 15 16 17 18 19 20 Narr5 irf the trustees for the charity, rf any, (for example. any custodian trustees) Name Dales acl•d rf not for whole ear
Names and addresses of advlsèts {Optitinal infomlation) of advlser AddrE55 Namè of chief eutiVe or names of senior stsff members (Opt1 intornm) Section B Structure. overnance and mana ement Oe5CriPtion of the charlty's tntsts lcon5t1tuti 18 January 1994 ameThJed 1 Type of goveming dornent 7 J .' Our Trustees a appoinied at Churth mernbe, Meeiing Addltlonal gov•mae issues (Optional inf0mtIOn> You rnay choose to include Jdrtional informabon. wl relevant, about policies and procedure5 Adoptod for the induction aTKI trainirrfJ of truslees: the char$ organlsational stwcture and any wthr network with which the c*wrty wofks; relationship with any rElated parties,. major risks and the system and wocedure5 to mar them. Section C Ob'ectives and activities . THE ADVANCEMENT OF THE CHRISTi4N RELIGION BY TrIE , PROCWTION AND FURTHERANCE OF THE GOSPEL OF JESUS CHRIST. Summary of the obiets of the charlty set out in tts gov¢ming documènt
(excèpi fi1 Sijnday of Ihe monlFI we have all age Famrly Service). mic1-veek prayer me6btiiWS 8iKJ Bible sludres. satUaY youth qup and nionthty nbng5 Wrth itse eldety. Evangelistic aCtT¥rtl. promot of CHURCH TRUSTEES I ComÈrstonè is1Ègalty 9tered as a chanty Every regtea charlty . ' legally TEquired to have a board of trustees. The trustees are nor stspendiary We meet ffjularfy to appraise and rewew the lrfe of the churth to ensure Ihat the church is not only pursuing the purposes of ' Gcrfl bLrt also obsenring due dili9ence with rÈspe¢i to the eX[CtationS/reqUIrernents of the ChaTty Commission such 85 th The charty is carying Olrt the purFrtw for whi¢h it is set up. and no Summary of the main activities undertaken for the public benefit in relation to thÈse objects (includé wiihiti thls se¢t5on the ststtrtory declaration that tru5tee5 have had regard to the guidance issued by the Charity Commission on public benefft) Charity funds are not SFtnt on the wrong purposes Ststutory accounting and rewrting requiretrents are nt. The ass of the thartty ate onty used to support or cary out rts ,' adMInraon team to ere that the church does the wofk of Gcrfd , obligations. The Trustoos aro grateffijl for the commi1m and Support of pastor. thurch counal, the administralNe team and Ihe whole felltrwshp in passionately and effe utyjertaknng the callirNJ of the church L We are extr ttwikful to G¢yJ ft)r His great rrw tt thurch memborship through the drffifwlt years of Cov119 pandem. We are thankful that none of US lost their INes, and those who had the infecbon. Sotne dan9erously vèry w#)us. have all recovered We a a150 very touched by the persevwance of many of our members in Praying for and | supportÈng one an0. and res£ienty uphoklÉrwJ the actsvtt*s of the l thurch even when we could not meet physjcally.
You may choose to indude fvrther slalements, where relevart atx)ut policy on grantrnakiNJ: policy programme related contribution made by volunleer> Section D Achievements and perfomance Summary ofthe rnain achievements of the charity during thE year Sunday servÈce$, currenty limited to 30 people per meet[, arE very ,' with greater senstsvty and nesS in worship (atthough line wilh thc.¢pvcmment guthlines. Children's minisby - A ndty carng environffent where children enjoy art5 aTrJ f7afts, quiz sessior& and Bft>le lessons. Despite of the govemment restrictions on group rneets"ngs. TK has mana9ed to me¢t regularty online through Zoom Junior {Sunday) Youth -Tl* jun•Ot youth rrenty comprise ch"Idren of school yea[5 7. 8 and g. It has been a mixed year with mainstroam $eNiC moVY from 50% to 75% attendance We have continued to meet at 3 00pm eath Sunday for an hour, via ZOOM. with a stable regular endanc of 5 _ 8 youth. The aim is to resu iTrpeT50n meetings trom June 2022, initialty attnan9 with virtual meetings. Men's Breakfast- regularty reets ono a morrth. The m@n's mTnisty , ¢oniinues to bring men together in Comer5tone. The bond of fellowship rs ,, strong. kyoviding a setting for rrbccting tcoether tr a ts.rne otteachtng. 15harmg. ertouraging. praying arxl suppNbw each other. , Women of Valour- Corth"n(e to meet evwy * and 4° Saturdays of the month with Breakfast Feuowshp or prayw5. Women from other thurth , has joined this meets.ng occasionally. Th15 fTH• an iniportant avenue to hdp and support Feopk in neejj. leadlcoordinate MIdeek payers (Ortne durirg restridions). We . continue our twokhour bfrrTrrJrthly 8ible study 8rtd PQyer session to which evwyonè in church ts also encouraggj to tske part and benefil from.
Section E Financial review Reser4E money will be used tor major church buihJing ppair5 arKI rnainterwice (roof. heating. ele¢Arical. etc.} Benevolence fund fDr SUPPOt1ing PÈOPle in serious financial difficutties on totally charTty basis. The Pastor and 2 LY 3 membèrs of church 5eaderthip apwove this. Brief statement of the harlty's policy on reserves Details of any funds m•t¢rialty in deficTt Further finan¢ial leW detsHs (Optional infomiation) You may cho¢)se kn Inde additional infomiation. relevant about the charity's prinupal SOurcÈs of funds (Indudirg any fundra15ing): how expId1tU has supported the key ¢bJ"ectr¥es of the chanty: investment policy and objectives indudtng ary ethical investmeni pol Section F Other optional information Section G Declaration The trustees declaTE that they havÈ approvod the trustee5' report abov¢. Signed on belff of the charity's trusi Slgnatrr41s) Full name(s) ArrftK)ny Teagle Position (eg Secretary, Chair, l GhaT
Cornerstone Church Statement of Financial Position as at 31st March 2022
| Fixed Asset Total Fixed Asset Current Asset Receivables Gift Aid Receivable Cash Total Current Asset Liabilities Creditor: Mortgage Net Asset Funds Unrestricted Funds ======== Cornerstone Church Statement of Financial Activities As at 31st March 2022 Income from Charitable Activities Donation Gift Aid Others Expenses on Charitable Activities Church operating expense Donations and contributions Stipend and Payroll expense Licences/Insurance/Pension Interest expense Subscription/membership/fees |
31 March 2022 31 March 2021 365,683 365,926 365,683 365,926 0 2,041 41,473 58,024 69,524 31,882 110,997 91,947 14,888 33,896 96,109 58,051 461,792 423,977 ========================== ====================== 100,851 93,502 21,053 58,024 60 60 |
|
|---|---|---|
| 121,964 151,586 |
||
| 18,446 13,633 27,395 13,996 30,662 28,864 3,664 3,497 3,022 4,458 960 1,260 |
||
| 84,149 65,708 |
Independent examinerfs report on the accounts Section A Independent Examiftrer's R@pon Report to truste On accourts for tl year Ènded 31 2022 Charity no (il any) 1050254 Set out on pages R¢s&¢tlv• The charity's trustees are responAibte for tho prepllrdtlon of the accounts. responsibilitsès of Tr charity's truee5 that an audit is not required ft)r this year trustaes and exam•n¢r under sectK)n 144 cf the Charilies A¢1 2011 (the CfAiities Act) and that an irKlependent eXarnwk10n is needed. It is my respornibdty to: •xamine the accourts under seclh)n 145 of the Charttles A to follow the wocedures la down in the general Directions given by the Chafity Commlssion (under sectN)n 145(5)(b> of the Charlts'es ACL and Basis of Indèp•ndent My exJmsnatKJn was rarrteAI out in accordan wth genwal tlir¢)ct50ns gtven examlnees st•1•nt Chanty Contrnission. An examination includes a review of tho accowrting reG¢rds kept by the charty a] a compaiison of thÈ a¢Ints pr•senled with those re¢th. 11 al indudes con3thrthn uf any unusual items or disclosure5 in the accounls, and soeking expEanattons from the truslaw COfbC8ming any mattvs. The proce(lures Undertak do not provide all •vidorbce that w<xAd be requred in an Klit, bd consequenty no lyion is grn as to whether the ¥¢¢owrts Kxesent a 'tn and falr. view armd the ryrt is limiied to those rnaite set in the ststement belcw. Ind•p•nd•nt examlnefs In wth my no m•ttv rxxiie ID my ienilon {othw thw¢ A¢L aThJ 2. my (yinw, *l•ntKffj &fvthl¢J be order to enablTr • p 22 January 2023 Nam•: | Maria ACCA ma d&la Cruz 0%?W IER March 2012
Sèciioi) B Disclosure Onty complète rf the examiner needs to highlight material probloms. Give he brfef detalls of I any it¢m5 that the examinEf wishes to dlscl¢xe. Alarch 2012