Trustees. Annual Report for the period
P¢rKxl er)d d
eJr
From
To
.20>
Section A
Reference and administration details
Other names charity 15 known by
Registered charity number (rfany)
1050254
Charity's winclpal addrtts Comerstsne Christian Centre
Quary Hyh Street
Headirtyn. Oxrc￿d
Postcode
QX3
N4rne5 of the chaiity trustees vkno mJnage charity
rrf any)
tv aTroint trustggJrf an
Church Members. Meeting
Chu(d) Members, Meeb'ng
Churth MÈmbers' M*in9
Anthony Teagle
ChikC￿l Echeta
Trustee
Trustee
Wale Atoyebi
Trustee
10
12
13
14
15
16
17
18
19
20
Names ot the trustees for the charity. rf any. (for example. any custodian trustees)
Name
DatE5 aciEd rf not for whole year

Names and addre55e5 of adviseis (Oplional inforniation)
of a¢fviser
Address
ame of chief •x•cutr¥e or names of senior staff memb8rs (Optional rnforrnation)
Section B
Structure.
overnance and mana
ement
Description of th¢ charlty's trusts
Con5titukn 18 January 1994 amended 13 Septemter 2(K)6
Type of govemiry document
How the charity is consbtuted
r Tntstees are apW1n￿ at Church Member5. Meets'ryd
Additional govèrnance issues {Optional Information)
You may choose to include
addrtional information. whe
relevant. ab¢M
policies and procedure5
adopted for the inducb'on and
training of trustees.,
Ihe chanty's organisational
struclure and any WKler
The￿ork wth which the tharrty
atiortship wilh any related
tru5tees' considwation of
major nsks and the system
and pr(￿edurES to fftartag•
th8m.
Section C
Objectives and activities
THE ADVANCEMENT OF THE CHRISTIAN RELIGION BY THE
PROCLAMAnON AND FURTHERANCE OF THE GOSPEL OF JESUS
CHRIST.
Sumniary of the Obi￿ts of thè ,
¢harlty set out in its
goveming doGumént

(except Sunday of the rn￿ry1h we all age Fdmify se￿￿￿).
mi&wcck praTrLw meetings and &ble stud6*S. Saturday yotrth group and
monttjty mèÉTlings wflh elde￿. Evaryeli5tic activitk5. pmmotron of
CHURCH TRUSTEES
cornerst￿ is legalty registered as a charty. Every regislered charity 15
alty requirod to have a ￿rd of trustees. The trustees are no
stiFwidrary. We meet r￿ulartY to appoi5e and revRw the life of the
thurch to *)sure that the church 15 not onty pursuing the purposes of
God but a150 observing due ¢lill￿nce wtth rc¥Ect to tho
expectabonvjrequirements of the Chaiity Commission such as that
The charity 15 caryng out the pur￿￿e8 for whKh il is sel up, and r
other wrpose.
Charty funds are not spent on the wrong WTposes.
ststtrtory accounknJ and repoTts"ng requiroments are rw.
The assets of the d￿rty are only used to support or carry out its
Summary tsf the main
activities undertaken for the
public benefit in relation to
these obj.ects linclude within
this sèction th• statutory
declaration that trusiees have
had regard to the guidance
issued by the Charity
Comrnission on public
benefit)
We a¥E ever thankful to G(xl. ow heaventy Father for His great mervi on
us. As part of His Churdi, the body of ¢hn5L we are beneficiwEs of His
great bve and precious prom15e5 to partiu.pate in His divine nature and
escape the ¢orrupbon of ihis worfd caused by evtl desires. As trustees we
m to ensure that church provides the godty communty where
We contrTbute to these goals by appratsiTrJ and reviewing the running of
the church including membership. sabJuardtng issues. finances. assets,
j &affi"ng etc. and en5unng that we remain focused on the calling of God
', for the church. and our responsibilities ttrwanls thè Charity Commission
with which the church is registered.
As evw, WÈ are thankful Pastix and ekjers. churth adrninistrator
and treasurer. the Church Councyl ar￿ all the ministries in the church for
1heir corrtributions ttrwards the Same goal - tD grtY* in the knowledge of
Christ and P￿ase God in all we do. to His glory.

Addttional d8tails of obi8Ctiv8s and ac11vil￿ {Optlonal information)
You may choose to include
relevant. about
policy on grantrnaktry,
poli¢y Fyogramme related
Investment
. conthl)ution maje by
volunteers.
Section D
Achievements and performance
Sunday se￿Ices. cu￿enty lim¥[￿ to 30 people per meebng. are very
erthuraging wyth grea￿ sensitsvity and boldness in worship (although
qLuody). prayer. testimony and teathirs.
Summary ofthè main
achièvèm•nts ol th• charity
during thè year
Comerstone's mÈnistr*S:
ChildrEn's ministry - A fr￿ndty arKI caring erwironmont where chilthen
enjoy their arts and crafts. quiz Séss￿ls and Bible IB550ns meeting.
Junior (Sunday) Youth_ Th jlmior yojth rJJrrwUy comprise children of
sch¢)ol years 7, 8 ar￿ 9. We vrfery Sunday (except 1" Sundays
fthe rn￿th).
Men's Breakfast- regularty meets orKe a monih. Th• mèn's fflini5try
conts.nuas to bring men ttyether in Cornetstone The bond of lellow5hip is
strong, prov￿rn9 a setting for meetsng tC9ether for a time of teaching.
sharirKJ. èncouraging, waying aThJ alr[￿￿j to 5UPFK)rt each other.
Women of Valour- Contrnue to rneet every V sa￿rdays of thè mot)th
with Breakfast Fellowship or prayors. This ministy is an importsftt
Prayèr Team- continues to in prarn and acbvety
leadlcoordirth M￿weth payers (onlme during restrictions). We
, conbnue our tIY¢Tr￿Ur bl￿￿nthty Bible study and prayer session to which
everyone in church is also encoura9od to take part and bQ￿frt from.
Young (PEn ￿ all young adults rn￿ting every SurKlay.

Section E
Financial review
Reserve morw WTII be used for major Church I￿lId1Th9 repairs and
rnWntenan￿ Iroof, ￿ating, deGtrical, et¢.) Benevolen￿ fund for
supporbng people in serious financial difficulbe5 on totally charrty basis.
The Pastor and 2 or 3 member5 Ot church kndeT5hip approve this.
Brief ststement of the
charity's poli¢y oft r•s•rv•s
Details of any funds materialty
irb defi¢it
Furthèr financial review detai15 Ioptional Inforn￿￿n)
You may choose to indude
additional information. where
relevanl about..
the chanty'5 pnncipal
sources of fund5 (mcludirw3
any fundraising):
how expendthre ha5
supported the key objethves
of the chanty;
invèstmènt policy and
objectives incjuding any
ethical invesbment polKy
adopted.
Section F
Other optional information
Section G
Declaration
The trustecs declare that they have approved thè Irustees, report above.
Signed on behalf of the charity'5 tru5tEes
Signaturt(s)
Full name(s)
Antrbony Teag
Posltion (eg SecrEiary, Chair.
Chair
¢tc)
r-
21101r2024

## **Cornerstone Church Statement of Financial Position as at 31st March 2023** 

|Fixed Asset<br>Total Fixed Asset<br>Current Asset<br>Receivables<br>Gift Aid Receivable<br>Cash<br>Total Current Asset<br>Liabilities<br>Creditor: Mortgage<br>Net Asset<br>Funds<br>Unrestricted Funds<br>===<br>**Cornerstone Church**<br>**Statement of Financial Activities**<br>**As at 31st March 2023**<br>Income from Charitable Activities<br>Donation<br>Gift Aid<br>Others<br>Expenses on Charitable Activities<br>Church operating expense<br>Donations and contributions<br>Stipend and Payroll expense<br>Licences/Insurance/Pension<br>Interest expense<br>Subscription/membership/fees||**31 March 2023**<br>**31 March 2022**<br>366,790<br>365,683<br>366,790<br>365,683<br>0<br>0<br>55,426<br>41,473<br>40,067<br>69,524<br>95,493<br>110,997<br>0<br>14,888<br>95,493<br>96,109<br>462,283<br>461,792<br>==========================<br>======================<br>71,462<br>100,851<br>13,953<br>21,053<br>64<br>60|
|---|---|---|
||||
||||
||||
|||85,479<br>121,964|
|||26,440<br>18,446<br>21,399<br>27,395<br>32,207<br>30,662<br>3,402<br>3,664<br>0<br>3,022<br>1,539<br>960|
|||84,987<br>84,149|





Independent examinerfs report on the
accounts
S•ction A
Independent Exaffliner 5 Report
members of
On accounts for the year
en¢Jed
31 2023
Charity no
frf any)
10502S4
Set out on pages
responsibilitbes ol The chanty's trusiee5 ¢ons*kn that an a￿￿rt is not requtred fof year
trustees and examingr under section 144 of the Chartties Aci 2011 (the Charities Acl> arKI thal an
It is my io."
examme Ihe accounts under Sect￿ 145 uf the Charrt￿5 Act,
to follow the woceflures lax4 down in Ihe g￿ra1 ￿reCtionS givert by ihé
Charty Commission (under secknn 145(5)(bl of the Charities ACL and
Bas15 of independert Uy examination was carried ￿t in accordarKe Tmth gerwal Directions givert
examiners statement ty the Charity Ct)mmission. An examinaiion indudes a review of the
accOUntr￿ re¢ords kept by the charity and a comparison of the ac£ounts
Fxesented wilh thoso records. It also includes consmaeration of any unusual
items or d￿Ck>sU￿ in the a¢counts, and seeking explanab'ons froffl thè
trustees concemiTrJ any su¢h maner5. The pr￿edures undertaken do not
provMlo all the evidence that wcxJbJ be requir&1 m an aud￿ and
COn5equ• no O￿nIOn i% giv￿ as to whether the accounts Fwent a In
and f￿r. view ar*J the report is kntied lo ttb)se matters set Olrt in the
Indèpendent e￿￿nIn•￿S In witrt my ex¥nin**x. ry maw W c(xne to my ￿tten￿n {othw than
tg prÈpar¢ ¥cthnts whth ¥fflh the nwrds al￿ rX￿pIY
under*ar#JxYJ of to rethd.
Date:
21 Jartuary 2024
Nan*:
Addr•M:
OX2 OLW
IER
arch 2012

Sectron B
Disclosure
Onty complete rf the examiner needs to h￿￿lIght matenal F￿b￿rn$.
Gwve here brief details of
any it¢m5 that the
examiner wishes to
dIsck￿.
IER
IAar¢h 2012