St Michael's Comerstone Trust (Company Limited by Guarantee) Report and Accounts 31 Dernber 2024
St Michael's Cornerstone Trust (Company Limited by Guarantee) Company Information Directors and Trustees Tony Solomon (Chair) Revd Martin Tumer (Vice Chair) Jane Thomas Revd James White Cllr Colin Hay Revd John Kime canda Plouffe Russell Johnston Secretary Russell Johnston Accountants SkyBridge Accounting Limited 3 Fairview Court Cheltenham GL52 2EX Company Number 4029533 Charlty Number 1085991 Registered Office 1 Sevem Road Cheltenham Glos GL52 5QA
Report of St Michael's Comerstone Trust (Company Limited by Guarantee) The directors and trustees present their report and accounts for the fiscal year entsj December 31. 2024. St Michael's Comerstone Trust is constftuted as a company limited by guarantee and Is governed by a memorandum and artides of association dated May 16,1984. Objectives The obfvc#ive8 of St Mlthael's Comerstone Tru are to promote any tharitable purpose for the benefit of the Inhabitants of the Parfsh of St Mlchael and its sufftiundlng parishes of Cheltenham. Speclfically, the trust aims to alleviate poverty. advan education, maintain and enhance publlc amenllles, and provkle leisure facilities In the interest of social welfare. At the Heart ofour Community Comer8lone Centre serves as a vibrant community hub, run by th8 communlty for the communlty. Its primary objeclive Is to provide a safe and welcomlng environment for individuals to connect, sodallse, and acquire new skills. The centre welcomes all members of the communlty, wlth 8pecific focus on reathing vulnerable populatk)ns, induding the elderfy, SOCAalty isolated Indlviduals, those wlth addltlonal physlcal and mental health challenges. and young famllles. Acuvltles at the Centro encompass a dlverse range of programmes and servl(xs. indudlng: - Communlty Café: Offerfng affordable tea, coffee, and snacks, providing a gatherlng place for communlty members. - Charlty Shop: Selllng donated Item8 to raise funds for the trust and provlde grants for those In the communlty most In need. - Toddler Groups: Organlslng supervlsed playllme for young thlldren. - Homework Clubs: Provldlng academic support lo students. - Community Lunthes: Offering nutrilk>us meals to the communty. - Unrfomied Groups: Providing opportunities for o)mmunty members to engage In group atIes. - Community-Bas8d Exercise Sessions: Facllltating physical fthess and weN-b8lng. Addltlonally, the trusl provldes the Comerstone Cupboard, a food panty wlth 117 famllies registered, 82 acaivety utllising the panty 45 famli les benefitlng eath week. Our Play Trall offers personallsed parental support to famllles with children under Iwo. This servlce slgnificantly impacts a (ild's early years of sthooling and overall life outcomes. Addilionalty, we provlde Muslc Therapy to families Identified as having additional needs in collaboration with Oakwood School and Oakley childn'S Centre. In 2024, we have observed an in¢yease In both the number of individuals aSsing services at the Centre and the severity of thelr needs. A recent user survey revealed that 50% of users seek pastoral support, 25% have been visitlng for over a decade. and 31 Oh have been new to the Centre In the past two years, prlmarity through word-of-mouth referrals. Notabty, "Communiw and 'Social° were the mst Impa(thl facaors (74%), with improvements in weu-being (34%). mental health (19%), and reduced18olation (10%) among other& VlIe more Indlviduals are engaglng in CO adivilies at the Centre. we have been inc¥easingty provldlng support lo individuals In very diffilt CirMS18nce8. This may involve invltlng extemal organisations to offer services within the Centre, such as Listenlng Post t>)unselling or referrals to
other local service providers or even taking someone with substance abuse issues to hospital and waiting with them for treatment after they have collapsed. Our Charity Shop is ever popular. One-third of the revenue generated Is allocated to a grant scheme that supports individuals in our local communty facing financial difficulties. We regularfy utilise this fund to assist individuals in topping up their electricity or gas meters. Additionally, we provide assistance with the purchase of secon&hand white goods for families wlthout kltthen appliances. We strive to understand each individual's Gircumstances Ihat have led to their need. enabling us to provide support or refer them to appropriate organisations that can offer further afJsiance. Example Outcomes OlderAdults.' 43% of our users are over the age of 60. The cent plays a vital role in combating isolation through its café, Community Lunch, Prize Blngo, and other social and craft actlvltles. Additionally, we provide comprehenslve advice, healthy eating guidance, 50+ fitne&8 programmes, and financial support, contributing to improved physical and mental well-belng. Families, childn, and Young People.. Earty years edu(2tion focuses on soclal skllls development. leaming through play and music, and engaging %hoolchlldren in homework dubs, unlform groups, and Café Church. Young people gain access to leisu activities and the holiday dub, while Grant support helps reduce child povety. leadlng to decreased uime and antisodal behaviour. Positive activities and increased communty cohesion foster a nurturing envlronment for all. Disabilty." 50QA of survey respondents reported living with a disability. We offer accesslble educational and soaal activities that combat isolation through engagement in disability-specific and general activlties. These adivilies have been shown to redu mental heallh issues, enhance self- confidence, soclal skills, and self-worth through volunteering, Improve employment skllls and physical fftness. Our Team I would like to pay tnbute to our amazing team that go the extra mile to make sure that every vlsltor to the Comerstone Centre is made to feel welcome and part of the famlly. Our Centre Manager, Alison, oversees daily operations with the invaluable support of Fran, our administrator; Sue, our Panty Coordinator and Mel, our PlayTrail Coordinator and music therapist. Additionally, James, the Vlcar, Taz. Ihe Curate; and Martin, the Methodist Mlnisler trom Sl. Ml(ael's Church acaively contrtbute to the Centre's vlbranl life and adivities. We are extremely grateful to our 50+ volunteers who glve their time energy and enthusiasm so willingly helping to make Comerstone the welcoming and vibrant community Ihat it is. Furthemiore, l extend my heartfelt gratitude to our trustees for their wisdom, unwavering commltment, and encouraging guidance throughout the year. Wision. Mission and Values Founded on Christian prlnciples. our Vlsion at st. Michael's Comerstone Trust is: To see God's Love Transfom7ing our Communty. Our Mlsslon is: To Love and Serve our Communty as Jesus Would.
Our Values Al the Comerstone Centre we aspire to live out our values", ' Intsgritr. Acting honestty and openly, treallng eath other with dignity and respe(X. . Indusivity." Being open to all, acceptlng individu81s as they are, and providing a safe and non- Judgmental environment. Reliability.. To be dependable, always seeking to do what we say we wlll do. Compawonate." Caring, paylng attention. Ilstenlng with an open mind, and offering empathetlc support. ' Joy in Serwce.. 8elng warni, generous, filendly, and cheerful. . Impacffiil.. Making a po&tlve dlfference through our work alongside Indlviduals and our communty. Flnancial Stabillty Th8 Comerstone Centre relies on the goodwlll and generoslty of a broad range of Indlviduals. grant funders and IoGal organlsatlons who support US 80 generously and open heartedly. Vve have been blessed and are grateful to so many organlsatlons and Indlvlduals Our Funders include: Nallonal Lottery Communlty Fund Gloucestershlre County Coundl ' -Bulld Back Bettef Sylvanus Lysons Cadbury Trust Souter Trust Gloucestershlre Communlty Foundatlon NHS - Communlty Health and Wellbelng Grant • Lidl Toy Bank vla Nelghbourfy Prat Foundatlon vla Nelghbourfy Our thanks to Anthony Olfver Consulling foreffecuvely managlng ourfvndralslng programme. We have been profoundty touthed by the generosity of Indlviduals who have finandally supported our endeavours and dedicated their time throughout Ihe year. Vlhile we refrain from naming 8peclflc Indlviduals, we express our heartfelt appreciation to each and every one of them. Accountants The Trust expresses Its gratltude for the unwavering financial seNlces and professional guldance provided by Brlan Gibb and the terrlfic team al SkyBridge Accountlng Ltd. All directors of the company are also trustees of the tharity, and there are no other trustees. The Board retains the authoiity to appolnt additional trustees as deemed nece8sary. Thls report was approved by the Board on 29 Aprll 2025 Solomon Chair of Trustees
St Michael's Cornerstone Trust Independent Examinerfs Report Independent Examlnerfs report to the trust••s of St Ml¢haol's Comerstono Trust I report to the trustees on my examlnatlon of the accounts of St Mlchael* Com8rstone Trust for the year ended 31 December 2024 which comprtse the Statement of Financlal Actlvltl8S, the Balance Sheet and the related notes. Rosponsibllltlos and basis of roport As the charitys trustees (and also directors for the purposes of company law) you are respnsible for the preparats'on of the accounts in accordance with the requirements of the Companies Act 2006 (the 2006 Act). Having established that the accounts of the charity are not required to be auditied under Part 16 of the 2006 Act and are eligible for Independent Examination, I report in respect of my examination of the charity's accounts carried out under section 145 of the Acharities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable directions given by the Charity Commission under sects'on 145{5)(b) of the 2011 Act. Indopondent examlnerfs statgmont I have completed my examination. I can confinn that no material matters have come to my attention in connection with the exafflination giving me cause to believie that in, any material respect: the accounting records were not kept in respect of the charity as required by section 396 of the 2006 Act., or the accounts do not accord wrth those records" or the accounts do not comply with the applicable requirements under section 396 of the 2006 Act other than any quirement that the accounts give a'lrue and fair. view which is not a matter considered as part of an independent examinats"on. or the accounts have not been prepared in aco)urdance with the Charits8s Sorp (FRS 102) I have no concems and have come across no other matters in connection with the examinab'on which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Brian Gibb C Chartered Accountant 3 FaiNew Court Fairview Road Chettenham GL52 2EX 29 April 2025
St Mlchael'B Cornerntone Trust (Company Llmlted by Guarantso) Statement of Flnanclal Actlvltles for the year ended 31 December 2024 Note8 Unre8trlcted R•8trlcted Deslgnatsd 2024 2023 INCOME & ENDOWMEl+rrs Grants, donations and legacies Income from tharilable activltSe3 Inojme trom inv8Stments TOTAL INCOME 72.430 24,718 1,994 99,142 42,650 20,(XIO 135,080 149,168 24,718 17,094 1,994 1,471 20000 161792 167733 EXPENDITURE Expendlture on charltable acuvlues TOTAL EXPENDITURE 95,494 45,750 2,340 143,584 143,243 2 340 143 584 143 243 NEf MOVEMENT IN FUNDS 3,648 (3,100) 17,860 18,208 24,490 FUND 8ALANCES AT 1 January 2023 29,876 47,639 40,000 117,515 93,025 FUND BALANCES AT 31 Dec 2023 57.660 135 723 117,515 Ino)me resources and resultlng net movement In fund8 eath year 8r18e from contAnulng operatEon8.
St Mlchael's Cornerstone Trust (Company Llmlted by Guarantse) Balance Sheet as at 31 Decembor 2024 Notes 2024 2023 Current a88èts Debtors Cash at bank and in harKJ 2,589 134,190 136,779 736 118,106 118.842 Credltorn: arnots falllng due wlthln one year (1,056) (1,327) 135,723 117,515 135723 117515 Funds Unrestrlcted Funds Restrided Funds Designated Funds 33,524 44,539 57,660 135.723 29,876 47.639 40,000 117,515 The directors are satisfied that the company Is entilled to exemption from the requirement to obtain an 8udit under section 477 of the Companies Act 2006. Members hav8 not required Ihe company to obtsin an audit in accordance th sectlon 478 of the Aix. The directors acknowledge thelr responsibilities for coMpl.ng wilh Ihe requirements of the Companies Act 2006 with respect to actounting records and the preparation of accounts. The aCunts have been prepared in acrnrdan(8 V•ith the provisions in Part 15 of the Companies Act 2006 applicable to companies subj.ect to the small companies regime. olomon Director 29 April 2025
st Mioha•l C•rn•rst¢M Trust (Company Limltad by Guarnntee) Notes to the A¢¢ounts for the year endod 31 Deoember 2024 1 A¢¢ounling pollc The acuunts have boon yopared on Iho 8¢auab basi4 undar thg htorfc81 cost &)nvenkn, and In acclxdance v4ith th8 Fmars¢l ReForting 8tsndard 11r2 leffeclive 1 January 2016) and FRS 102 SORP (Stslomant of Recommended Prac¢e for Accounting and Reportlng Charilies) 2015 {as amended by tho Bu119tsn 5ssued in Febwary 20181 putybhed ty the Chardies Commission u) ETr3land & Wales (CCEW). •ffodiv• Janry 2016. (The SORPI. Voluntary ineonw and don8110r We accounted lor as ro¢•l¥ed Proprt aThJ fundrnisiThJ Inmna is a¢¢owrt•d for an an amals b AdmfftL8tsation oxp8ndtturo inckKl85 41 eXY118 not roled lo the charitable actNliy or fundraiBing. £57,860 has teen alk)caled ty the Tntst¢es to a F1 to b8 hokj for th8 relurt¥&hment pro Thls pYoM is in the earfy Stages of constderall 3 L•gal statsts cha st Mlchaofs Cornwstone Tntst is a company lrnttwj ty guarantee aThl. as 8uth has no share ¢aixtsl. 4 Grants. Donallons and Logaths 2024 Don8tion$ and ottr Incomè Car0 Shop In¢omo Gfants 14,060 6,937 51.433 14.4¥2 3,356 24.802 20.000 48.552 10.293 76235 57,528 8,122 83.518 42.650 20.000 135.080 2024 S.578 10,357 8.783 2023 4.854 5.094 7.146 Ct)ffae bar AthTrli¢s Ront ol Hall 5,$78 10,357 8,783 24.718
8t Ml8haefs Cornor8ton• Tru8t (Company Limited by Guarant¢el Notes to the A¢oounts for the year ended 31 Deo¢mber 2024 Expendknre on dmrltablo 6 acllvltss Coffoo bar AGvltylProuram eosts Sal8rl88 Lht and heat Telgphone Water rat88 Rent ReIrs General admln- &IftOre In8urance Licence Prfnlno.postage ond 8tatlonary Care Shop dlstrlbullor Rofv8è coII8(Ilon Staff Trnlnlng & Wollare Cloanlng Fundralslr¥J co8t8 Sundrl¢s UnTl¢ted 2.709 3,820 59,921 10,943 1,143 2024 2.709 33,854 75.042 10.943 1,245 526 200 4,300 928 1.998 707 1.227 893 1,058 450 974 4.900 2023 1.909 36.378 61.889 13.201 29.834 15.121 102 200 100 18,347 1,188 1.977 e45 1,404 787 1,063 447 1.004 2,200 2,340 1.998 707 1,227 1.OS8 450 974 4,900 2 340 143 584 143 243 7 Dght•r Other D•lrtor• 2.589 738 8 Crndllorn: amounts falllng due wlthln on• >wr Other cr•dltorn Unrnstrfctqd Rastrlcl•d Ihslgnated 2024 2023 • Analy•l• ol lund balanc At 1 January Profltl (Lo88) forthe yoar 29,878 3.648 47,839 13,11JOI 40,000 117,515 17.860 18,208 93,025 24,490 At31 Decomber 57 880 135 723 117515 Tho ch•rfty alm8 to rotaln a ro•opie In unrogtrfctéd funds of up to 81x month8 01 ovethe•d èxp8n888. At 31 DmLr 2024 th1$ wugted to £48,392 thlch cornparoswlth thè 8Ctual bal8nc• 01£33,524, 10 staff Colts 75,042 81.689 Ourlng thg year St Mlcha•lb Conorslone TnJ8t emplo a managor. trhD proJo¢t coordlnatorn. an 8dmini6trator arKI eaner. No Trustees recalved ollher remun8rntlon or expon6e8. othor Ihan dlmGt re1mbuMont ol money pgid ouc durlng the year (2023 £nll) Tho Tru8t rell88 8uLtantlaily on the tlme of volunteets to njn Its a6llvlll06. 11 Is not pos8lb to qu9n1 the value ofthese sor41¢08 10 the Tru8t