Company re8iStration numb2r'. 07509401 Charity registratlon number- 1141112 Cornerstone Christian Fellowship IA company Ilmited by #uaranteel Annual Report and FSnancial Statements for the YearEnded 31 January 2025 FidA._Qullj*p..I Imlts 9 Hare & Billet Road Blackheath SE3 ORB Cornerstone Chrlstlan Fellowshlp Contents Reference and Adminlstratlve Details Tru5tees' Report 2to4 Independent Examlner's Report 5t06 Statement of Financial Actlvitles Balance Sheet Notes to the Financial Ststements 9t015 Cornerstone Chrlstlan Fellowship Reference and Admlnlstratlve Detalls Trnsrees Mr Stephen 88lderston Dr Yves.Yannick Ford Mr jonathan Smlth Mr Jonathan Smith Secretary Charlty ReBiStration Number 1141112 omparry Re8lstrdtlon Numb•r 07509401 Registsréd Office Tortbr￿e G05ptsI Hall Bishops Oak Rlde Tonbridge TNIQ 3NT Independerrt Examlner Field Sulltvan Umtted 9 Hare & Billet Road Blackheath SE3 ORB Bankers Natwest Tuftbritjge We115 ICI Branth 89 Mount Pleasant Road Tvnbridge We115 TNIIQJ Alderm0￿ Bank Apex Plaza Forbury Road Reading RGI IAX Pèg¢ I Cornerstone Chrlstlan Fellowshlp Tru5tees' Report The trustees present their report and fi'nancÈal statements for the year ended 31 January 2025. flnancial ststements h34t been prepared in actordante with the accounting set t)ut In note I to the financial statements and comply wlth the church's memorandum and artlcles of a5SOClatioTh. the ComparLie5 Art 2006 and "Accounting and Aeporting by ChaTlties.' Statement of Recommended Practice applicable to charities preparin8 their accounts In accordance with the Financ131 Rèporting Standard applicable in the LSK and Republic of Irelanij IFft$ 1021 (effective l January 20191 Oblectlve5 ¥Rd artivltles The church's object is the advancernent of the Christlan faith worldwide and in fulfilling that object it mav. amongst other thin8s, establysh ¢hurches ar+d community centre5. carry out and direct discipleship evangelistic rThsSiLhr6tV aiid ￿L￿rITe[lIE￿i iilLIViLyp <4Jtriiifi¥ier Qr L Lfirirliil& yrQwtlé d¢fvice diyd l& those affected by soctal and Èconomlc c1rcumstan￿5 and promote or organlse programmes to engage young people in the communlty. In order to fulfil these objects the charity established a church fellowshlp In the Tonbridge. Kent area. The trustees have paid due regard to guidance issued by the ChaTIty CommIs51on In relation to public beneflt and have concluded thatthe artivities carrled out by the trustees are conslstent wlth that guidance. The activities of the charity durlng the year included the prwsion of a church building to pemilt Chrlstlan wur>liiyi 8ibiv >Yut¢yJ VrdyeF &F%d ié%luw>vllV dLLVlUtii¥ Iliv ¥uidttiiLt ILiukrt'i Iti *.•L. Dui)ri¥ criYyvérfjr& actlvlties were con5iStently maintained. The trustees also provided sUPPOrt and guidance for comrnunity benefit a¢ti¥itles and outreach to bring the Christian gospel to the local community and beyond. Financial support has a150 been 85ven to Christlan mlsslon work and urgent short-terrn relief. Publk benefrt The trustees confirm that they have complied with the requlrements of section 17 of the Charit%e5 Act 2011 to havè due regard to the public benefit guidance published by the Charity Commission for England and Wale5. Achlwemonts and performance RegLtlar seivtces are held for Christian worship. Bible study and prayer. along with a weekly Sunday School in te¥m time. Local outreach events have been held and increased online awarene$5 has generated 8reater diswverabllity and increased 'drop-in' attendances at services. The trust has begun architectural and planning work to expand the footprlnt of the bulldln8 and increase available spaces. The trustees a83in give thanks to God lor His blessing, and acknowledge HIS falthfulnes5 in calling U5 into the The thanty is grateful for the support provided by volunteers, who are members of the church, in providing help with open events. publicity. catering, minor maintènante and ￿her similar activities. Page 2 Cornerstone Chrlstlan Fellowship Trurtees. Report Flnandal revlew Polrty on reserves It is the policy of the chLtrch that unrestrirted funds whi£h have not been designated for a specFhc use should be maintained at a minimum level equivalent to between three and six month's expenditure. The trustees conslder thal reserve5 èt thi5 level will ensure thaL in the event of a 5igniffi¢ant drop in fundln8, they will be able to continue the church'5 current artivitles while tonsideratton is glven to ways in which additional funds may be raised. The unrestrlcted reserves (including designated reserves) held as net current assets at the end of the year were £150.280 12024.. £123,535) which represents more than the annual expenditure of the charity- However, the trustees are builth.ng reserves as they inten6 to improve and, in due course, expand The property to allow a 8reater Tange of chaTltablE èctlvities to be pursued. sk revlew t￿-￿lUr-,, relate to the area5 of lil sale8uarding of children lill security of the property and safety of the public when accessing it and liiil flnancial rssk. The trustees are satiSf￿d that aclions have been tsken and resèrves are in place to mitigate exposure to the major rlsks. In paiti¢ular, fire Safety audits are periodically carrled out and a programme of work has beer¢ done to Impmve access and increase buildin8 security. The trustees also montitor safeguarding pollcoes and DBS chec￿, in ¢onsultation with experts in thls field. The level of flnanclal reserves and holdin8 of funds in In FSC5-protected bank accounts reduce the financial rrsk to a very low level. The trustees and Offi￿r5 seThln8 durin8 the year and slnce the year end were as follow5.. MT Stephen 8al.derston DT Theodo¥e Balder5tDn Iresi8ned 14 lune 20251 Dr Yve5-Yannick Ford Mrjonathan Smlth Secretsry.. Mrjonathan Smlth str¢Kwre. governance and management Ploture of 90￿mIng documert The church 15 a company limited by auarantee. None of the trustees has any benefici31 interest in the company. All of the trustees are member5 of the company and guarantee to contribute £10 In the event of a winding up. Recru5tment and gppolntment oAtrustees Trustees ate appointed by existing trustees who famlliarise new tru5tee5 Wlth their responsibilitles. Oryanlsutbnalst￿ttiIrn The thurch is administéred by the trustees. Page 3 Cornerstone Chrlstlan Fellowshlp Trustees, Report SI￿¢Me￿ OTtr1151ee5" resp0nsiryl￿t￿es The trustees Iwho are also the direttors of Cornerstone Christian Fellowshlp for the purpose5 of ¢ompany lawl are responsible for preparing the trustees. report and thè financial Statements in accordance wlth applicable law and United Kin8dom Accounting Standards Iuntted Xingdom Gefterally At￿pted Accounting Practicel, includin8 FRS 102 'The Financial Reportin8 Standard applicable In the UK and Republr¢ tsf Ireland" Company law require5 the trustees to prepare financial statements for each financial year. Under company law the tiustees must not approve the financi315tatements unless they are satisfled that they give a tnje and fair view of the state of affairs of the charitable comDanv and of the Incominq resourcÈs and application of resource5. ineludln8 Its income and expenditLrr¢. of the charitable company for that period. In preparini these flnancial statements. the irustees are required to.. select sultable accounting policie5 and apply them consistentlv,. obsÈrvÈ the mèthods and principles in the Charities SORP; makejudEemÈrtts and Èstimates that are reasonable and prudent. state whether applicable atcountlnB Standards, comprising FRS 102 have been followed, subject to any prepare the financlal statements on the going concern basis unless it is inappropriate to presumt that the charitable company will continue in business. The tru5tee5 are re5pon5ible for keepin8 proper accounting records that can dI￿loSe with reasonable accuraty any time the firtanclal posnfon o* the tharlt3ble company èfid e"nJbte them t¢5 Ènsure that thè finandal statements comply with the Companies Act 2006. They are a150 responsible for safe8uarding the assets of th charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other ir￿AU13rlties. The trustees are re5ponslble for the malntenance and integrity of the corporate and financral information included ors the charitable company's website. Leglslation governing the prep4r8tion and dissernination of flnancial statements may differ from leglslation in otherjurisdictlons. The annual report was •pprDved by the trustees of the tharlty on 2 De¢embei a)25 and y8ned Dn its behalf Mrjo n Smith Company secretary and irustee Page 4 Cornerstone Chrlstlan Fellowshlp Independent Examiner's Report to the trustee5 of Cornerstone Chrlstlan Fellowshlp I'the Companv,) I report to the charity tru5tee5 (who are also Directors for the purpose of company lawl on my examination of Ihe a¢counts of the Comerstone ChrlstSan Fellowship I'the charitable companll fpr the year ended 31 January 2025 which cornprise the Statement of Flnanclal Actlvltles, the Balance Sheet and related notes. This report is ma¢Je Sole￿ to the chartty's trvstees. as a body, in attordance wlth sectlon 145 of the Charltles A¢t 2011. My. work ha5 been uNdErtaken so that I miKht state to the charitrfs trustees those matters l am requI￿d to State to them In this report and for no oiher purpose. To the fullest extent permltted by law, I do not ac￿pt or a￿UMe responsibllity to anyone other than the charity and the charity's trvstee5 as a body, for my work. for this report, or for the opinions I have formed. Responsibllltlts and bask