Trustees. Annual Report for the period Y6ar 12W4 Fnxn 01 Ytrr To 11 r.? Section A Reference and administration details Charity namo | cm)er￿ Church Other namos charity 15 known by Registsrod charity numbor (rf any) 1050254 CIArity's prfncipal address | Comersfft Christian Centre | Quarry HNh Street l Headirgton. Oxford | P05trode |OX3 Hames of the charity trustees fflanage th• chafyty Office {11 •ny) Name cl person lor b(xty) oiitill•d nt Anthony Teagle Chikodi E¢hela Wale Atoyebi Trust8Q Church Members. M88ling Churth Members. Meehng Church Mernbers, PAeets'ng Trustee Trusiee 10 11 12 13 14 15 16 17 18 19 20 Names of the trustees for tho charity. rf any• (for oxample. any custodian trustees) Name i Dates acted rf not for whole Names and addressos of advisors (Optional information) ￿￿Of adviser Name Address Name of chief executive or names of senior staff membors (Optlonal infonxatk)n'. Section B Structure. overnance and mana ement Descripb"on of tha charity's trusts ' Con5tstubon 18 January 1994 amervjed 13 September 2( Type of govemirmj document I How the dwrity 15 conaituted I Trustee selection methods i Our Trusiees are appointed at Church Members, Meeb'ng Additional governance issues (Optional inforniation) You rnay choose to indude addttional infofmation, whère relevant. about. policies wocedures adopted for the iThJudion aTh trainirvJ of trustee5: the charity'5 organisabonal structuro and any wider ne￿Ork with which the charity wotks., relabon5hip any ￿lated parbes: trustees" consideratK)n of major Tisks and the 5y5tem and procedures to manage Section C Objectives and activities I THE ADvANcEmETr￿ OF THE CHRISTIAN REUGION BY THE | PROCLAhAATION AND FURTHERANCE OF THE GOSPEL OF JESUS CHRIST. Summary of the objKts of the charity set out in its governing document (excopt first Sunday of the month we havc all age Famity Sanoco). | Mi(k￿Eek prnyer meellngs and Bible studic4 Satunlay ioulh gmup and I monthly maalrys ￿ the cldaty. EvangelislK aclivrties, p￿rn01￿)n of mission and matters ots(Kial o>nc*m. ', CHURCH TRUSTEES Comerstone Church is registe￿1 wilh the Charity Commission which . the government body that oversees the affairs of all ￿l$t￿ed charilios in England and Wal8S With respod to thoir corKlwl regarding financial and | *al stthvardship towards tr*ir mernbers as well a5 the laws of the larNJ. Sumrnary of the main activitios undertaken for the publlc benefit in rotation to these objects (include wlthln this section the ststutory declaration that tru5tee5 have had regard to the guidance Issued by the Charity Commisslon on public nefit) The trustees meet not le55 than two tirnes every year. to dehberate on a varth of statutory matter5 and good practi￿ recomm￿atIOnS required by tho Chartty Commission. Financial proW of the ¢hurth in accountirYJ, banking. tharty giving, amory other th￿￿$. are rggulaty discussed in our meetings. We appraise and review the lrfe of the church to ensure that the church is not only wrsuing the purposes of God but also observing due diligence with W to the eXpeaation￿￿UIrty￿wts of the Charty Commi5SK)n such as that The tharity is carying out the purpose5 for which it is set up, and no other purpose. Charity funds are not spent on the wrong wrposes Statutory aG¢Ounting and reporting requirements are n*t. The assets of the tharity aro only used to support or (xrry wt its purposes | We are a150 immensely grateful to GCMJ for His falt1rfulT￿ to the church I , in a WKle range of i55ue5, espe￿allY for the numerous and vaned contribub'ons made by church members in the daY.t￿daY lrfe of the church and the various ministru. to the raise ol His lo Additional details of objectives and activities (Optlonal Infornmtion) You may choose to include further statements. whwe reknnL atx)ut' policy on grantrnaking: policy programme related Ènvesiment," contn'txrtion made by volunteets. Section D Achievements and performance Sufflmary of the main achievements of the charity during the year I Sunday services. are vuy encouraging with greater sensitsvty arKI lthiess in worship (although quietly). prayer. testimony and teathing. Comersfft's ministries: | Children's ministry - A friendty arrtl caring ÉYNiroftrnent where children ,' enjoy their arts and ctaft5. quiz 5e55ion5 and Bible le550n5 meth'ng. Men's Breakfast - rngularly m8ets once a month. The men's ministry Continu￿ to bring men together in Comerstone. The tx)nd of fellowship strong. provi(fing a sotting for moeting t￿ether for a time of teaching, I sharing. encouraging, prayfftg and aiming to wrt each otlw. The 9oal of men fell0y￿71P 15 to poy and Sha￿ God's word. | Women of Valour- Continuo to moot every 2- Salurdays of the month B￿akfas1 Fellowshtp or FKayers. This ministy is an important avenue to help and Support people in need. I Prayer Team - conlinues to minister in prayer5 and aclively loadlcoofdinate mid-week payers (online during restsictions). We continue our twt>hour bi-monthly Bible stu(ty and FKayer session to which Young Adults - open for all yourvJ adults meeting every Sunday. Senior Youth - indudes young people from Year 10. Meets regularty twice a month. Section E Financial review ! Reserve rnOn￿ will be used for major church buikling repairs an(i 8rief statement of the i Maintenan￿ Iroof. hekn'ng. electn'cal. etc.) Benevobence fvnd for charty's policy on rvJerves l SUp￿rting peopkè in sorious financAal diffic￿111&S on totslty dwnty basis. The Pastor and 2 or 3 ffembers of church I&￿erShiP approve this. Detai15 of any funds materialty I Èn aeTlCtt Further financial revlew detalls IODtlonal informalionl You mav choose to include aaartional Intornation. whffe relevant abouL" the charity's prlncipal sourcas of funds {IncI￿linG any fundraising)., how expenditure has Supported ihe key objec1￿ | of the charity: Investment policy afKI objectives ind￿ing ary ethical inveslmant policy adopted. Section F Other optional information Section G Declaration The tru5tee5 declare that they have approved the trustees, reDOrt aDOV Signed on behalf of the charlW'É trusto•s Signature(s) Full namo(s) Anthony PositiOlI (e9 Secretary. Chair. j Ch￿'r atc) I eagle 1 18101r2026 ## **Cornerstone Church Statement of Financial Position as at 31st March 2025** |Fixed Asset
Total Fixed Asset
Current Asset
Gift Aid Receivable
Cash
Total Current Asset
Funds
Unrestricted Funds (Schedule 1)
**Cornerstone Church**
**Statement of Financial Activities**
**As at 31st March 2025**|**31 March 2025**
**31 March 2024**
370,099
367,211| |---|---| ||370,099
367,211| ||39,101
32,426
131,953
128,356| ||171,054
160,782
541,153
527,993
=============
===============| |**Detailed income and Expense**
_Income_
Tithes/Offering
Gift aid Claim
Other Income
**Total Income**
_Expenditure_
Stipend and Payroll
Donations and contributions
Operating expense
**Total Expenditure**
**Schedule 1**
Beginning Balance
Net Movement in Funds
Ending Balance|**31-Mar-25**
**31-Mar-24**
106,139
133,035
20,450
17,628
183
164
**126,772**
**150,827**
56,842
36,588
21,118
16,238
35,652
32,291
**113,612**
**85,117**
**31 March 2025**
**31 March 2024**
527,993
462,283
13,160
65,710| |---|---| ||541,153
527,993| Independent examinerfs report on the accounts Section A Indopondent Examinerfs Report •%eport to the tru5tee511 L4Jrnwth I￿nDerS of I On accounts for tho ygar131 March 2025 onded | Set out on pages | Charity no 1 1050254 (rfany)L_ RÈspecthrg The ctiarny s trustees are resFK>nsth for preparattin OT accoum&. rEsponsibilitigs of The chanty"5 trustees consKlor that an audrt is not required for this year trustees and examinef ufKler sedion 144 of the Chanb'es Act 2011 (the Chanlias Act) and that an iThJependent examinkn'on is needed. ft is my responsibdty to: exami￿ the xcounts under section 145 of the Charl￿$ Act, to follow me procedures laid down in the general Directions gpien by the Charity Commission (under section 14515)(b) of the Charl￿5 Aci, and to slate whether parlicular matter5 have come to my attention. Basis of Independent Fay eXaMinat￿n was carrTed out in accordance with geT￿al Dife¢iions qiven examinerfs statÈmÈnt by the Charrty Commtssion. An examination indude5 a re¥￿4 of the accounting records kept by the charity and a compari50n of the arxounts esented with those ￿5. 11 also indudes consKleration of any unusual rtems or disdosures in the accounts. and seekiry explanations from th8 trustees concoming any such rnatter5. The procedu￿ s und•rtakan do not prowde all the evidence th2t would be required in an audrt. and consequerrtly no opirtion i& given as to whether the accourts present a Irue and fair. view and the reFA)rt is limitod to those mattus set out in the Independent •xarninerfs In cOnr￿t￿￿ wth my exaninalion. rK> matter has corne to rny atten1k￿ {￿her Ih $taternent that disck)sed bekjw •1 Tequirpmenls. Act arwj to prepwe xcounts which accord with the wJuntiTWJ ar￿ compfy wth ts aCcI￿n￿￿ r￿ureM￿￿ of ts Chartttes A( ,iave nol tjeen MEL cr ffmaria Kathrina dela Cnjz or boty If￿1. I IER ma￿ 2012 ection B Disclosure complete it the examiner needs to hiohlight material problems. Give here brief detalls of any items that the xaminer wi5he5 lo disclose. IER March 2012