Charlty roglstratlon number 1147328 (England And Wales)
Company rgglBtration numbèr 07963955
CORNERSTONE CITY CHURCH
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Caladine
Charlered Certified Accounlonls

CORNERSTONE CITY CHURCH
LEGALANDADMINISTRATIVE INFORMATION
Trust8
MsAcacia Sooklal
MsAbigail Carey
Mr Gfiffith Crouch
Mr Christopher Nonvood
Mr G￿laclUwahan Mogaji
Charlty number (England and Walos)
1147328
Company numb•r
07983955
Pfln¢lpal addr•••
Jasper Centre Comerstong Cty Chur¢h
J8sperAvgnue
R¢xhe8ter
Kent
ME12LD
R•gl•tsr•d offlc•
Jasper Centre Comer81one City Church
Ja8perAvenue
Rochestér
Kent
ME12LD
Indepondont •x•mln•r
John Caladine FCCA CTA FCIE
CaladSne Llmlled
Chantry House
22 Upperton Road
Eastbourne
East Sussax
BN2118F
8ank•rn
Nattonal We51min8ter Bank pl¢
stern Avenug
Watèrslde Court
Chatham
ME4 4RT

CORNERSTONE CITY CHURCH
CONTENTS
Trustees. report
Independent examinerfs report
Statement of finandal acllvlll88
statoment of fln•n¢l81 positlon
10
Notes to the financlal 8ts1¢ments
12-23

CORNERSTONE CITY CHURCH
TRUSTEES. REPORT {INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2024
The trustee8 present thelr annual report and financial statements for tha year ended 31 December 2024.
The financial slal8mfjnts have been Prepared in accordance with th8 accounting policies sel out in note 1 to the
financial stalgments and comply wth the charilvs Memorandum and Arb'cles of Assocbatson, the Companies Act
2006 and "Accounting and Reporting by Charllies.. Slalement of Recornmended Practice applicable to char￿eS
preparing their accounts in accordance wllh the Flnanclal Reporting Stsndard applirable in the UK and Republic of
Ireland IFRS 1021" leffecliv• 1 January 20191.
ObJectlv•i and actlvStlos
The Charitys objects for the public benefft are lo athance the Chrf8tian faith, in accordanG& w6th the Statement of
Belief8 8ppearing in the Schedylg lo the Articles of A580clalion, in Rochester, Kent and in such olh8r parts of the
United Kingdom or the wortd as th8 Trustees may from lime lo Ilme think fit and lo fulfil $uch other purposes thich
are exclusively charitable according lo thè law of Engl8nd and Walgs and are connected the charitsbl8 work of
the Charity.
Our vlslon and m15slon Ss 'To advance tha Christian rellglon by prodaiming and furth•ring the Gospel of God and
HIS Son the Lord Jesus Chrlsl and by prtra¢hing and tèachlng the Christian faith.
'To promote Jesus cenlered translomaliffi of lives to regenerate Medway and beyond,
Public b8nafll
The Iru8tees have pald due rogard to guldance 188ued by the Charlty Comml85ion In declding what activlllès the
charlly should undertoke,
Achl•vèmants and perforniance
The church contlnued lo use the Jasper Centre, Jasper Avenue for mldweek me¢llng$ and on Sundays for the
Rochester Community megting¥. It is th¢ office base for staff and administration of CCC. and the staff u88 and
rneet regularly in the building.
&nce the church multiplied Into 5 Communltles {local congregallonsl, the8e comMun￿e$ hove conllnued lo meet
on Sunday mornlngs In 5 separ8te locations across Medway in Hoo Academy. Jasp¢r Centre Rochester, Chatham
Ordnance Street Church building (Temporary), Halling Community Centre and Mid Kent College Glllingham.
Chatham Community ha$ be8n In communlcation with St John Fisher School about uslng their new bulldlng and 18
hoping lor some movement there soon to make 8 move from Ordnance Street.
There Is ￿ '811 tog8lher' meeting of 8115 Communhles every 6 or so weeks and after Ea$ler th18 year we trialle
uslng Prie$ffield, Gillingham Ilhe Gillingham Football Club Conference Suite). This has provided a lol more space
and we have used it up until 3pm including bring and share lunches. The much larger cost ￿ hiring this venue18
somelhlng we have begn monitoring along$ide the usefulness of the building and at the end of the year we were
uncertain about the cosl-effecliveness of k)nger term use each week. It was felt that il would be an occasional use
as needed. We still have use of Mid Kent College IheatTe Ibul we weTe over ¢apaaly al the Easter servicel and
Hoo Academy has also been used previously bul c8n be more reslriclive as less central and doesn't have aceess to
WThFI for live streaming Ifor those away 8s well as Into 8 baby rooml .

CORNERSTONE CITY CHURCH
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
We continued to run an INTRO course that introduces new people lo %that we belbeve, our vl&on. vakJ8s and the
expectations for 'members'
l.e., that they will be committed and connected into the chureh through Sundays,
Grow Groups and DNA groups. as well ag serving and giving. all as part of toking steps to grow as disciples, As
with the previou$ membershlp formal there are still appropriate limitats'ons lo leadership responsibility and influential
roles wthin the church community where there is lad( of connection or shared value$.
There 8re around 300 adults and 160 under 18,8 connected to CCC.
We ￿bts'nUed to uge our large Iqulet) WhatsApp group that en8bled regular update$ and qulck contsct 8cr088 the
whole church. In different seasons It w•$ daily updates whlch includad d8votsonal mgssages. Also, Facebook
groups were used for comms and for prayer updates. Tom Healon who this y88r ha5 increased to working lull lime
as Ops and Business Manager 15 days a weekl has been a very helpful support across the church in lenns of
liaising with Iruslg95, staff members and elder5 and directing communications in various ways. He has conllnued to
manage Churchsuile Imanagemenl sofvlaral and so regular emai18, events booking and other updates happen
through that platfomi as w811.
l other CCC m6elings ware In ￿rGOn, thi8 Includ88 weekly prayer meetings although aftèr our 40 days of prayer
and lastlng the p8ttern of prayer meellngs moved lo local Communilles leading each day and praying according to
thelr own preference3. Each Communlty took 8 day of the week In a 'passing the b8lon' klnd of way.
Chur¢h Income ha8 conllnued lo meet the needs ag8ln thls yèar 88 the church look on addlllonal staff (Tom
Increaslng hour8 and new lob role. Joe. Joel and Megan working part lime followlng their ID and inlwn years.
Breanna Ellsa doing a part tSme Inlefn8hip followng her ID year. Wè also had a new ID student who joined us from
Worthing- Grace.
We havè contlnued lo glve approx.10% of our income lo RM as before by standlng order. We review tho giving
88ch year In a trustee meeting lo ensure we are increasing giving as our income increases as a church.
In addltlon. our Support of home and overseas mlssion work ¢ontlnue8. In the earfy part of the year £200 per month
w85 given to the Day family as they continued their mlsslon work in Mozamblque. £200 8 month was also given to
Pioneer 61 {Mozambiquel dlTeclly. The Day lamlly returned to the UK in March (after various challenges and
changes in Pioneer 61 leaml. Regular 8UPPOrt was lempor8rily r￿IreCted lo the Day family lo enable Ihoir r
settlement Iln th8 A8hford areal. Flnancial gffts lo Pioneer 61 have also $lopped.
The church contsnues to give £100 to Caring Hands in Medway, and other gffts lo the local Foodbank. Support of
the work In Bolivla IMi88ion Bolivlal and the Butcher family has continued with a regular £200 going into their
Mission Account alongslde other one-off gifts and gifts coming in from othgr churches that support Mission Bolivi8.
Adam Voke led the eldershlp team throughout the year together with Julian Pery, Tony Sands and Bwnard Bgntsll.
Adam continued working 4 days a week and his wife Susie continued lo be employed for 12 hours 8 week. Julian is
now fully retired and able lo give more time lo serving in CCC as Chair of Trustees and leading the Medway Valley
Communty. Tony is employed 4 days a week wth f¢¢us tsn pastor81 oversight and small groups and Bernard is
involved ￿th pastorel 5UPPOrt. preaching, leading meetings and runnlng the Freedom in Christ course Iwth his wrfe
Rosel.
Adam's role within Relati(Thal Mission IRMI eonlinLtes thls year as a 'Community' leader for RM. working on behalf
of Mike Betts, Stef Liston and Maurice Nightingale. Adam's lime continues to be spread between CCC, RM &
Medway Churches. With afound 3 day5 a week on CCC and the other day split betsveen RM and Medway Churches
lon average aeross the yearl. This includes attending mentoring meetings and RM relating 9atherings lo represent
the church and the RMC.

CORNERSTONE CITY CHURCH
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORn (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
The local Medway Leaders Group Is made up of Pentecostsl, evangeli￿1. tharismalic church leaders. They meet
every month for prayer, mutual support and planning of Medway wide 8vonts. The annual retreat for 1.5 days was
hekl again al High Leigh in January with guest speakers and b'me for prayer and discusslon.
Jullan Pery is Chairman of the Trustees, and 81ong with the trustee team covers personnel issues such as salaTIg8,
pensions, 8tsff appraisals. He manages all contact with the Charity Commission ané Companies House and
ensures th81 all necessary submissions lo these bodies is completed each year. He ¢entinues lo lead the Medway
Valley Community alongside the MVC Core Team. Jullan continues lo have a keen Interest in Mission Bolivla
following hi8 visII along wrth others in the previous year.
Hope Church In Slttingbourne led by Gordon W8lson, which was planted out from CCC continued lo grow
throughoLrt 2024. Gordon and Natalie continue lo lead along ¥￿th a growing team. The church has now moved lo
Fulslon Manor School in the Sittingbourne, as the Cosla Coffee building wa$ becomlng 100 9mall for the gfowbng
community. Adam along wth Dave King (T.VVellsl have been involved In mentoring and support, particularly with
view to sealng elders appointed Ihere. Regular vi$lls to preach. meet with leaders and tlme th Gordon have
pundualèd tha y88r.
Georgè Rangelov's role conlinugs lo focus on 'finance and buildings man8ger' and continues to be employed for 2
days a week. George's time is limited due to hls other employed work {nlghlsl and so most of hls Ixus is on the
aceount8 and book-keeplng.
Rh¢)nda Sands has continued to $orvo the church as 'Evan9eli8m and Integration Leader,. Also preaching and
developing our evangelisrn ytralegy. This year Saw the conlinuallon of HoNesl Teams in Medway where there 18
8harlng of the gospel and praying on the 81reets. Video updates from the teams that go out have been encouraging
lo the d)urch as reports are glven and 8torles ol th08e receiving the gospel and prayer are celebfaled.
Su8ie Voke continued working for the church on a p8rt lime b8$i$ thi$ y¢ar. Her fttus 18 church tsmily mlnlslry.
overseeing children'¥ group$, supportlng parentSng InlUallvgs and Lanterns (solo parents, group that has bèen
meeting In Josp8r¥ Cafél. She also works alongside Adarn Supporting in a number of leadership and pastoral
contexts and Is Involved in wlder RM acuvilies.
Tony Sands has ¢onlinu¢d lo work for 4 days per woek throughout the year as an elder and leader whhin CCC,
Tony's primary responslbllltles are pastoral care and developing the Groups and Communllies Strategy for the
church. with particular focus more recently on developing the new Grow groups across CCC. Tony alorKJ Wth
Rhonda continued in leadershlp of the Gilllngham Community with a corè team.
Matt Fox h8s ¢onlinued lo le8d the youth work on 8 4 days per week basls. Newday wa$ a highlight as ever ￿th
group of 60+ yOLrth *nd add51ional associated ministry loam. RelatSonship8 were bulll and strengthened acro88 the
youth, much fun was had and numbers of yOLth responde(J to the gospel and as each year there weré baptisms on
return.
Joel Felton and Joe Brooks are both al Spurgeon's Bible Cgllege (Joel in year 2 and Joe in year 11 Both are now
employed part time for fvKJ days a week a8 Ministy Trainees.
Megan Voke is gmployed Ifollowlng her ID yearl in media and ¢omms for 1.5 days a week. Brganna Elisa. has
continued in a part tsme intem capacity and Grac8 Ireland ha5 come to Medway as a new ID student, living ￿th
family in Hoo and part of the Community there.
Tom He8lon has eontbnued worklng wth CCC, increasing to 4 days a week and giving his lime in an increaseij
responsibililylrole as '8usiness and Operations Manager,. Developing the policies, pro￿SSeS and structures to
enabb th8 church to be legal, compliant and up lo spec. The trustees have been greatly supported and guided in
Ih8ir roles due to T¢)m's focus. There is now a staff handts￿k, numerou8 pdicies. the implementati￿ of Microsoft
Teams and digltal storage as well as updates lo safeguarding processes and organisation of the Jasper Cenlre. IT
support and administration support continue5 to be given by Tom to other members of staff a5 needed.

CORNERSTONE CITY CHURCH
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Becky Meadows continued lo load the Jaspers Café team in Rochester High Street, with growth in numbers of
people coming along throughout the year together with associated increased income.
Bayas88 Renlsendorj
finished working as the main cook for Jaspers and also Y05anne Bays finished her time as 8 staff men*Jer, New
staff members have been taken on and trained including Lula Reily and Nicola Rogers. Ja$p&rs Café IES grown lo
the polnt where this year it became ils own entity in terms of legal structure, Jaspers Cafe Cornerstone Ltd, with
new dlrectors. The new company is a wholly owned subsidiary of the Church with the purpose lo operate the Cafe
in Rochester High Street supporting the oulreaeh and mbsslonal activities of the Church. It remalns connected to
CCC who are the sole'memb8rs' with dir8Ctors made up from the church.
Th6 Management Team 18 responsible for the Implemenlatlon of the vi8lon as well a5 legal ar￿ bulldlng matters.
The team also manages the staffing 8nd adminlstrative affalrs of the church. It comprlses the Iru5t&es (Bol8 Mogajl,
A¢g¢ia Sooklal. Chrls No￿OOd, Julian Perry. Abi Carey and Grlff Crouch), treasurer (V81 Mogajil, thè Members of
the Company IAdam Voke and Julian Pgrryl and they Mel together a number of limes in 2024 ttsgelher with some
ad hoc Z¢x*m meellngs to pick up on som? pressing matterB.
The Management Team has functioned well a$ a tèam over the year. Chri8 Norwood contlnued as a Trustee for
CCC. Chrls conllnues In his role as head of a local secondary gill's school and conts'nue$ lo adequatèly manage the
workload. He is involved in finance, trust99 and managernenl team meetings. He has also been working c108ely
wsth Adam and Julian with r8gard to staff annual reviews. fl￿re stsff appointments and strat￿Y of the church.
Valentina Mogali has continued in hef role 88 the Treasurer for the church but also ¢ontrlbutes widely to the MT
meeungs. Her timo, effort and contributions are greatly appreciated by the team.
Bol8 Mogaji has Served In the churth 88 Trustee for the year. HIS wlsdom and slalure In ChrI81 h￿e been
cont'nuous blessing lo Cornerstone City Church.
Grlff Crouch continued to bè an invaluabl6 member of the team during this y¢8r, provldlng a88islaru In varSou$
employment issues as he 1$ a local business owner. He continL￿d to carry oul admlnlslr81ion of CCC staff p8nslons
and has begn monaging thls 8uccessfully Ihroughout the year. His experience In management, financial
man898menl and systems arè of great benefit lo the church. Griff has beon with the church Since il tegan in 1993.
being part of the Vvorship Team. Griff has also been excellent in s8tting up the bapllsm pool for c￿traI bapliwn$ •1
Mid Kent Cdlege. Griff has also continued with the central service ho$prtality when we meet every 6 weeks.
Abi Car8y continues to Pfovide 8xcellenl advlce on legal Issues affectbng tha Tnjsl, 88 Abi Is 8 801Icllor working for a
London Councll's legal department. Abl ha8 been with the church since it began and is very much part of CCC.
Acaaa Sooklal has been wilh CCC for many year8 and is a much-r•specled member of thè church, Aca￿815
pharmacist by professlon and brings her keen buslness 8en8e to Ihg Trust Board.
The five Communities that were formed in September 2021 have continued to meet and develop over 2024. The 5
communities formed in 2021 included Rochester, Gillin9h8m, Chalham, Hots Peninsula and Medway Valley (Petors
Village, Wouldham. Burham, Hallingl.
Community Leaders have continued to meet regularfy ￿th the elders,. this has enabled the elders lo oversee what 1$
happening across the whole church as well 8s providing a context for training (on the jobl as we move toward
appointrnent of more elders. The Community Leaders (Bola, Jim, Nal and TKI have been getting ready br this by
fjjrther Irainingldiscussion In elder's meetings, attending RM Shepherd lin the case of T.K and Nall and meetsng
with Slef Li51on, including as couples with Slef Liston. This was preceded by making proposals to CCC for the new
appointments earlier in the year and giving time for feedback and questions. There was a vast majority of affimiation
and posrtivity for the appoinlmgnls as well as some helpful que81ions and points Taised, from which we undertook
further dlscussion and coaching of those being proposed as elders. Appointments are planfbed for 2025.

CORNERSTONE CITY CHURCH
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
The work in the Santa Cruz area of Bollvia contlnu88 to move fotwards 81 pace. Adam and Sus1& vlsited In May and
spent lime wlh the Bul¢h¢r family, both In pastoral support, discussing their own spiritual, marriage and famity
health and in visiting the local church and villages where they are building relationships and undertaking mission. It
also including being of a 1 OOKM fundraising njn whlch was shared by the team all running a few KM each
before swapping around relay Sty￿ whlle others travelled In the 4x4.
Isaac was also able to visit tho UK (without Analle and the two girls) for a month. During this lime Isaae was ablè lo
visit a number of churches, give updates, strengthen relationships with those Ihal are supporting the work in Prayer
and in finance$ and lo vistt family. A$ a church we benefitted from having Isaac with us for an all-logether Sunday
and for an evenlng prayer meetlng where updat¢$ were glven on MI8don Bolivia.
Tony org8nised a series of meetlng8 to Iraln up new leaders In Jan-Feb and there were about 30-SO people who
attended different meetings. Thls resulted In 8 number of new Grow Groups b8lng slartod across CommunS1ies.
Todd Morr Imlsslonalmadesimple.com} vislled the UK in May and dellvered a day's training on Mlsslonal Groups al
the Jasper Centre which were recordèd for future use. He also had an evening meeting with the elders lo di8CUSS
vision and prlnciples for healthy missional small groups.
Enno Chinosa, Mel Olubajo and Nik King have continued to lead the Worship Team together and they fom the core
team which helps to oversèe worshlp and the development of teams 8Gro$$ the church. Adam keeps In
communicallon wlth them and they meel for revlew 8eml-regularly. New muslcians and singers have loined the
team and our al￿tOgether Sundays ar8 a good lime of drawng together from across the whole worship team. It has
bggn a good context for mentoring, coaehlng and supporting those serving the church in this way.
Children's work has continued tc be over8een generally by Susig Voke but with Candida Baldwln as 8 key team
member when il comes to planning and admin, Each Community is responsible for Its ¢)wn children's minlslry as
gpproprfale In each setting. Youth continues lo be led by Matt Fox, The all-together meetlngs whlch happen every 6
weeks or 80 do usually Include Comerslone Kids unless11 Is planned a5 a Family SeNice bul not normally youth.
There was a chlldren'8 weekend away that look place in June in Edenbridgè wlh about 25-30 children along with
various children's leaders. A programme of worship and leaching from the Bible w83 interspersed with lols of fun.
game8 and frlendshlps bèlng made. The feeiiback from these ￿ekendS 18 masslvely po8lllve.
Jasper Jingles continued to meet throughout 2024 with Christina King, Vera Huntsr, Bex Nazar and Jasmlne Healon
taking the lead. Frlend8hlps, fun and 8UPPOrt have been offered lo local mum8, dads and carers. There h8s b8on
some reflection and discussion on the longer-lerm vi81on and what the next steps might be in 2025.
The Connect Group has now slopped meeting.11 enjoyed somo amazing limes together but wlth various hgallh and
capacity challenges Pal Is not able to continue leading the team which she has done so well over the years. After
discussion and reflection. il was fell that the best ¢ours8 of action was lo stop Connect and lo move to a more ad-
hoc pattem of occasional meat ups or for special events. We are grateful to God for all he has done over the years
and lo Pal and the team for their tireless effort. creativity and faithful commitment. This has led lo some that have
loined Communities or gone onto the Alpha Coum and making commitments lo follow Jesus.

CORNERSTONE CITY CHURCH
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
During Feb and March 2024, the church went into another season of 40 days of prayor land fa51ingl over the Lent
period 18ading up lo Easter Sunday. This year the Communits"es look 8 1884 each week in hosting the meetings
which happened in person and some on ZOOM. There were also daily videos from each Communlty that
highli9hled the themes for the week or day.
CCC continued in relationship with RM wilh regular RM gatherings, some in person and some online. These also
Included some evening gathenngs to enable those working In the day to attend. Adam has been In regular
meetings with the apostollc team as part of his RM Community leader role.
More Together Festival. This took pl8eé in Trinlty Park Ip8wlch 81 the end of August over the bank hollday wllh
good number ol adults, childien and youth in allendance from CCC. Adam was involvod in supporting the
organl88llon of the evening and Ihls Included hosting durlng the weekend 8nd leadlng one of th8 seMir￿rs. Audrey
Malemera from Medway Valley Community spoke al one of the sesslons {Ihe prayer nighll. The tsedback from
CCC was very positive and we colledgd a number of the teBtsmoni&s Into a short booklet on our return. Th1$
Included comments from parents about their chlldren leamlng songs whlch they were 81111 slnging and Sp￿ifle thlng8
that God had done or spoken lo Individu81$ 8boul.
SENT - RM evenl for students and young adults look plac8 ovgr Ihe new year, Adom and SuBie Voke ￿tre
Involved on the team again.
The Alpha Course has been run durlng the year and there have been 8 few people maklng Commllmenls lo follow
Jesus.
CCC held a number of baptisms throughout the year and a big response was from the youth. Following the relum lo
Newday (youth fe5tsvall which saw a number become Chnsli8ns, many of them wanted lo be baptlsed. These were
held on the 'AII Togelh8r' Sundays al Mid Kent College over a couple of events and there were many %%ho look this
slep and shared encouraglng te8timonies of what God had been doing In Ihelr lives.
Chlld dedlc8tion8 this year were held separately In each of the communllle¥.
There wa$ 1 pgrwn who slgned up for the LEAD course Ihis y•ar together wllh 6 others who are ffinlshlng their
second year.
It is now the fourth year for our 5 Communilles and we are grateful that they are $lill $tsnding fimi and growingl
Getting ready for further appointments of elders h88 been a positive step which will enable us to expand further.
Other encouragements are the growih of Jaspers Café to the point that il became il's own entity wth new directors
and le9al structure. The priority of prayer in our 40 days of prayer and fasting is a core part of our year and as evor
il was a strengthening lime. Our finances continue to rem8in strong with growth In glving a8 the church grows
across each of the Communftles.
As we enter 2025, we are grateful for God's grace in so many ways and looking ft)rw8rd to another year together as
we serve God and the wider communrty.
Flnanclal revlew
Total income for the year was £513,68712023'. £523,500). Net movement in ftjnds after expenditure and transfers
was a surplus of £98612023.. deficit of £29,736). Unrestricted funds at the year end were £125.62312023..121.017)
and Restricted funds were £108,27812023." £111.898I.

CORNERSTONE CITY CHURCH
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORn ICONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
It L8 the polw of tho t*8ty Ih8t unrest￿￿0￿ fiJTrJs whirh ha￿ not ba8n d881gn8tsd for i ycjfic u86 8hould
m•lntqlned at o level rfuivdent lo bethen three and month's exp8nditura. The trustees eon8klerth&t resgN88
at th18 kvel will ensure thal in t￿ event of 8 8b3nifLont drop In funding. they I￿11 b? the to ￿ntinu? the ¢harity'¥
¢urr*nt actlvhtk8 ￿118 con$k18raUon 1$ gl¥8n to w8y8 in whlth addilloml ￿dI m•y ba raw. b¥el ol res
bg•n m8lnts1￿d throughoutth¢ y•ar.
Stru¢￿1•• •nd m•n•g•m•nt
Th& I*Rrtty18 8 company Umtted by guarantso and gov0￿d by tha Memorandum and AW¢les ofA$fjo*ts"on datsd
24th Fobruary 2012 aB amerthd by A cèmcaty of1nc4J￿Qrat7on on thange ol nAm• datsd 25lh March 2014.
Tho tnJBto•o. whD 4r• akn th• dlre¢torn fc¢ tho purpom of company law, and who durtng ar*1 up to
th• tlat* 018*n•tur8 aftho ffn¥nd•l 8t•l•m•nt• worn..
MIJ￿1@n P•rry
MaA￿e￿I So0￿•1
M•Abyll Cqrny
Mr Grlfflth Crouch
Mr Chrt6teph•r NoAvood
Mr Gbol•oluwthan Mcq•ii
(Ro￿9n￿l 8 Juty 20251
R•L¥wIm￿l •Thj8p￿ift1rn?ntoftrU8t8*&
Tnotsga moy h appjintsj by th• •xMling tNs1888 by ordlnlry r•$olulon.
Nom olth• tru*t••# hal any b•n•fidil int•i#it in th? ¢omp4ry. ￿ ofth•truoi•8¥ w• m•mb•rn oftlKI Com￿nY ir
guarantee lo ¢onblbute £10 In the Fvent DI q ￿ndIr¥j up.
Thw rw *PPTo¥•d by th• 8o•rd olTru•t•e•.
r ch￿st0pA¢T No
Ch•Sr of TrustooB
Dqt•'.

CORNERSTONE CITY CHURCH
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF CORNERSTONE CITY CHURCH
I report lo the trustees on my examinatK)n of the finan¢i818lalements of CorneT$ton¢ Clly Church (the charity) for
the year ended 31 December 2024.
Respon$lbllltlos and basls of rèport
As the trustee8 of the charlty {and also ils directors for the purposes of company lawl, you are rèsponsible for the
preparalon of the financial stslemenls in accordance wlh the requirements of the Companie5 Act 20C6.
Havlng satisfied mysdf that tho flnandal ststemenls of the charty are not required to be audrted under Part 16 of
the Comp8nies Act 2006 and are eligible lor Independent examinatson. I report in respect of my examination of the
charity's financial statements ¢arrfed out under section 145 of the Charities Act 2011. In carrying out my examination
I have followed the Directions given by the Charity Commission under sedion 145{5)Ib) of the Charities Ad 2011.
Indopondent examln•f• statement
Sinc8 the charity's gross income exceed&d £250,000, the independent examiner musl be a member of 8 body1151ed
in section 145 of the Chariligs Act 2011. 1 confirm that l am qualified lo undertake the examination because l am
member of the Assodation of Chartered Certified Accountants, whlch 15 one of the Ilsled bodles.
I have completed my examlnalion. I confirni that no mattèrs hav8 come to my 8ttonllon In connection wilh th•
examlnalion givlng me cause lo believe that in ony matèrial re8pecI.'
accoUn￿ng words were not kept In respect of the charity as required by secllon 386 of the Comp8niés Act
2006.
the fln8ncial statements do not accord wllh those record8', or
the financial slalements do not comply with the accountlng reqU1￿MentS of sectlon 398 of the Companles Act
2006 other th8n any requirement that tho financlal slalemenls glve 8 true and fair vlew. which18 ncl a matter
considered as part of an independent examination.. or
the fjnancial slalemenl$ have not been prepared In accord8neo wlh the methods and princlples of the
Slalemenl of Rgcommended Practice for accounllng and reportin9 by charlties applicable lo charities
preparlng Ihelr financial $lalements in accordance with the Flnancial R8POrting Standard ap￿1¢able in the UK
and Republic of Ireland IFRS 1021.
I have no concem8 and have come across no other matters in connectlon wllh the examinallon lo which attentlon
should be drawn In this report In order to enable a p¢oper understanding ol the financial slalemenls lo be reached.
John Clladlnè FCCA CTA FCIE
Caladine Lbmbted
Chantry House
22 Upperton Road
Easlboume
East Sussex
BN21 1BF
Dale=

CORNERSTONE CITY CHURCH
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITUREACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2024
Unrestricted Rejtrfcted
funds
funds
2024
2024
Total Unre5trlcted R88trlcted
funds
funds
2023
2023
Tot•1
2024
2023
Notsg
Income from:
Donab'ons and legacles
Charrtable activities
Other tradlng activitie8
Inve8tmen18
393,052
16,258
35,772
68,470
461,522
16.258
35.772
135
338,786
18,710
85,162
157
77.940
2.745
416,726
21,455
85,182
157
135
Tot•1 Incom•
445,082
68.805
513.687
442,815
80.665
523,500
Expendlturn on:
Raising fund8
Charltable aclivltie8
41,424
397,348
41,424
471,277
88.747
388.976
88,747
464,489
73,929
95,513
Tot•l •xpndltur•
438,772
73,929
512,701
457,723
95,513
553,238
N•t Incomgllexpondlturo)
6,310
15,324}
986
(14,9081
(14,8281
129,738)
Transfers be￿een
funds
20
11,7041
1,704
111,1431
11,143
Nèt movomenl In
funds
11
4,606
13,620)
986
126,0511
(3,6851
(29,7361
Rgconclll•tlon of funds:
Fund balances al l January
2024
121,017
111,898
232,915
147,068
115,583
262,651
Fund balanc•s at 31
Dec•mbor 2024
125.623
108,278
233,901
121.017
111,898
232,915
The statement of financial 8Ctivitlos includes all galns and losses recognised in tho yèar. All Income and expenditure
derfve from continuing activitles.

CORNERSTONE CITY CHURCH
STATEMENT OF FINANCIAL POSITION
AS AT31 DECEMBER 2024
Flx•d 4•••t•
Prnpety. ￿An1 8tYJ •4uipmart
,970
105.295
9t1,971
105.206
Curmnt a8MI•
Tr•d8 an4 oth•rr•e4lvob
Cuh •t b•nk •nd in hnd
17
28,4
108.858
5,231
125,￿9
137,352
13,4221
131,040
13,4201
Curmnt Ihblllll•B
N•t ¢un•nl *M•ts
133,930
127,e20
Totsi 14Mt• IM• ¢urnnt Il•bNItI••
233,￿11
232.916
Th• fvnd• ofth• Qhrlty
R•¥trl¢t•d Inc4mo fiJTrl•
UnM•idci•d fvnd•
108,278
126,623
111,898
121,017
233.W1
232,916
Th• ¢wnwry l• •ntil•d to Ih• ￿mpIOn from th• iudll r•qu*•m•nt wrt•ln•d In 477 of IhD CL47ynkn•Ad
20CO. trth• wrendBd 31 08￿Mb￿ 2024.
Th• dirKtor• othnoWodg0 Imlr f•wMlbilill8fj lor crynptylnq wlth thg reqylremgnts of th• Compnh8 A(120J6
wyth rglpect io accountyrvd r•earth •rKI lh• pr•parAlon offlnandal 8tst•nent8.
Th• h8v8 not requlr•J tha compBny to alrtaln an audrt of th flnAnd81 •t•twn•rtt lor IIK• year In qL*8lon In
8qdon 478.
Thw flrnnd•l •tatthm•nts hqv• t4•n pr•por•d In •c£ordanr* ￿th Ih w11e4￿0 Io
tothl •m¥ll wp•nlu r•glm•.
Th• fina￿81 BtstWD•nt• ￿r• •pyo¥•d by fv tsuBt••B ,
Mr Ghdgtophor NoThvood
Ch•lrolThi#t•
Ctynpany r•g￿trO￿On numt4r 07963956 IEnGl•nd and
10-

CORNERSTONE CITY CHURCH
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEM8ER 2024
2024
2023
Notsg
Cash flo￿$ from operitlftg actlvlt108
Cash absorbed by operations
117.0871
{1 S,2731
Inve8tlng actlvltlos
Purchase of property, plant and equipment
Invostment in subsidiaries
Investment Income recdved
18,8431
135
157
Not cash g•neratod Iromllu•od In) Inv8stlng
actlvltles
134
(8.8861
N•t d•crna•• In ¢••h Ind ca•h oqulvalonts
116,953)
(23,9591
Cash and c88h equlvalenlB 8t b¢ginnlng of year
125,809
149,768
Cash and ¢a•h •qulvalents at •nd of y••r
108,856
125,809
11

CORNERSTONE CITY CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounllng pollGle$
Company Inforn)atlon
Comerslone City Church is a private company limited by guarantee IncoTpof8ted In England and Wales. The
iegislered office is Jasper Centre Comerslone City Chur¢h. Ja$per Av¢nua. Rochester, Kent, ME12LD.
1.1 Accountlng conventlon
The financial statements have been prepared In accordance ￿￿th the charity's Memorandum and Article8 of
Association, the Companies Act 2006, FRS 102 'Th8 Financial Reporting Standard applicablé in the UK and
Republic of Ireland. l FRS 1021 and the Charities SORP 'Accounling and Reporting by Charltie8.' Stslemenl
of Recommended Pfactice applic8ble to charities prep8ring their accounts in accordance with the Flnanclal
Reporting Standard applicable in the UK and Republic of Ireland IFRS 102)" leffeGtiVg 1 January 20191.
The finanual slalèments are prepared in stèrling, which Is th8 fvnctlonal curroncy of the charity. Mon01ary
amount8 In these flnanclal 81alemenls are rounded to the nearest £.
The financial statements have been prepargd und¢r th¢ hislorlesl co81 convenllon. The prinupal accounting
poliaes adopted arg set out below.
1.2 Golng concern
Al the Ilme of approvlng the flnan¢lal slalement3, the trustèes have a reasonable expectation that the charity
ha$ ad8qual8 re3ourc8s lo wnlinue in operational existence for the foreseeablo lulure. Thus the IrLBlees
conlnue lo adopt the going Goncern bo$1$ of ac¢ounling in preparlng the fin8naal slalemenls.
1.3 Ch•rltabl• fund#
Unreslrlcled funds are available for use al the dlscrelion of the tru81ee8 in furtherance of tr*ir eharllable
objective3.
Reslricled funds are subject lo specific condS1ions by donors or grantors •$ lo how they may be used. The
purposes and uses of the reslricled funds are set oui in the notes lo the financi81 slalemenls.
1.4 Income
Income is r8cogni$od when th• thanty is18gally entiued lo it after any performance condllions have been mel,
Ihe amounts Can be measured reliably. ond il 1$ probablè that income wll be ￿ceIved.
Cash donauons are recognised on recelpl. Other donatlons are rectynised once the charlty has been nottfied
of the donation. unless performance conditions requirè delèrral of the amount. Income lax recoverable In
relation lo dorbalions received under GiftAid or deeds of covenant is recognised al the lime of the donats'on.
Lgga¢ie$ are recognised on receipt or otherwise If the charity ha5 beèn notified of an impending dislributs'on,
the amount is known. and receipt is expected. If the amount is not known. the legacy is Irealed as a
ontingenl asset.
1.6 Expendltvrn
Expendlture is recognSsed once there is a legal or conslruclive obligation lo Iransfer e¢onomSc benefit 10 8
third party, il is probable that a transfer of economic benefit5 will b8 required in settlement, and the amount of
the obligation can be measured reliably.
Exp8nditure is classified by activity. The costs of each activity are m8de up of the totsl of dI￿t CO8ls and
shared costs, including support costs involved in undertakin9 each activity. Direct costs attributable lo a single
activity are allocated directly lo that activrty. Shared costs which contribute to moTe than one activity and
support COSt5 which are not attributable lo a sin9le activity are apportioned belween those aCtivit￿S on a basis
consistent vthlh the use of resources. Central staff costs are allocated on the basis of time spent, and
depreciation charge8 are allocated on the portion of the asset's use.
12-

CORNERSTONE CITY CHURCH
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accountlng pollcl•s (Contlnued)
1.6 Propefty. plant and equipment
Property. plant and equipment are inth'ally me8sured at cost and subsequently measured at cost or valuation,
net of depreciation and any Impalrmenl losses.
Depreciation is recognlsed 80 as lo write off the cost or v8luatlon of assets less their residual value8 over Ihelr
usefvl lives on the foll¢)wing basis".
Building improvements
other fixed assets
Office computer equlpment
2% 51raight Ilne basis
20% stralghl line basis
50% stralghl line basis
The galn or loss arising on thè disposal of an as8el is delormln*d as the difference between the Sale proceeds
and the carrying v•lu• of the asset, and 18 recognised in the ststem¢nl ot fln8ndal advitios.
1.7 Mon4urr•nt Inv•¥tments
Flxed asset investments are initially measured at Iransactlon price excluding Iransacts'on costs, 8nd are
subsequently measured al fair value al each reportlng date. Changes in fair value ar8 recognised in nel
incomelléxpendllurel for the year. Tr8nsaclion costs are exp8ns8d 8s incurred.
A 8ubsidl8ry Is an entity conlrollgd by the charlty. Control is th• powèr to govern the financl81 and oper8llng
pollaes of the entity so as to obtain beneffits from Ils actlvrties,
1.B Impalrmfrnt of non.current 4•g0ts
Al each reporting end dale, the charlty reviews the carrying amounts ol ils tangible assets lo determinè
whether there is any indlcallon that those assets hove suffered an Impalmient 1085. If any such Ind￿allOn
exlsts, the re¢ovèr8ble amount of the 8ssel is eslirnaled in order lo determine the exlent of the impairment
loss lif any).
1.9 Cash and ¢•8h •qulv4lènts
Cash and cash equivalents include cosh in hand, deposi18 held al call wlh banks. other short.lemi liquld
invo$lmenls ¥Mth original malurilie5 of three months or less, and bank overdfafts. 8ank overdrafts are shown
within borrowings In current liabilitie5.
1.10 Flnancl•l Instrum8nts
The charity has elected to apply the provi$ions of Section 11 'Bg8ic Finandal Instruments, of FRS 102 10 all of
its financial Inslrumenl8.
Finan¢ial instruments are recogni5ed in tha charity's balance sheet when the charlty becomes party to the
contractual provisions of the instrument.
Financial assets and liabili118s are offset, with the nel amounts presented In the financlal statements, when
there is a legally enforceable right lo sel off the recognlsed amounts and thera is an Intention lo settlg on a nel
basls or to realise the assgt and settle the liablllty slmu1tangou￿y.
Bosic financial ass•ts
Basic Ilnancial assets, which include trade and other receivables and cash and bank balances, are inltlally
measured at Iransadion price including transaction costs and are subsequently carried al amortised cost
using the effective interest method unless the arrangement constblules a finanang transaction, where the
transaction is measured al the present v81ue of the future r8ceipls discounted al a market rale of inlorest.
Financial assets classified as receivable within one year are not am0￿Sed.
13-

CORNERSTONE CITY CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accountlng pollcles {Contlnuedl
8aslc Ilnanci•l liabilitles
Basic financial liabililles. Including trade and other payables and bank loans ar• Inltlally recognised at
transaction price unless the arrangement conslitules a financing Iransaclion, where the debt instrument is
measured al Ihg present value of the futufe paymfjrbls discounted al a market rate of Interest. Finanaal
liabilili8s classified as payable within one year are not amortised.
Trade payables are obllgations to p8y for goods or se￿CeS that have been acqulred in the ordlnary course of
operations from sup￿lerS. Amounts payable are clas5ifi8d as current liabilities if payment is due wthin on&
year or less. If not, they ats presented as non-currenl liabilities. Trad8 payables are recogni8ed Initlally at
transaction price and $ubsequenlly measured at amortised cost u51ng the effective interest mèthod.
D•rncognltlon of fln•nclal Ilabllltlos
The financial slalemen15 have been prepared with early appllcatlon of the FRS 102 Trfennial Revlew 2017
amendments In lull.
1.11 Employee bonefSts
The cost of any unu8&d hollday enllllement18 recognl$¢d In th6 perlod In whSch the employ¢e'8 servlc88 are
recelved.
1.12 R•tlr•m•nt benoln•
Payments lo defined conlribudon re￿rement bengfi18chem•s are charged as an expènse 88 they fall due.
Crftlcal accountlng o•tlmats• and Judgèm•nts
In th• appllcallon of the charity's acc¢unUng pollcles, the trusl8e8 are requlred to make ludgemenls, eslim818s
arKI as8umpllon8 about the carrylng amount of assets and liabilitses that are r￿1 roadily apparent from other
tsourees. The 881imales and associated assumptions are based on histori¢81 oxpeilence and other faclcrfs that
are considered to be relevant. Actual results may dlffer from these eslimales.
The estimates and underlying assumptions are revlewed on an ongoing ba8ls. Revisknns lo accounting
eslimales are recognised In the period in which the 8stsmale is revised where the revision affeds cnly that
period, or in the period of the revision and future pwlods where the revision affects both current and future
periodg.
14-

CORNERSTONE CITY CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Income from donatlon8 and logacles
Unr•strlcted Re5trlctod
funds
funds
2024
2024
Total Unr•strlct•d Restricted
funds
funds
2023
2023
Total
2024
2023
Grft ￿ded donallons
Non Gift Aided donaUons
Income tax receivable
280,593
40.348
72,111
31,989
28.484
7,997
312,582
68,832
80.108
234,135
45,540
59,111
36,218
32,668
9,054
270,353
78,208
88,185
393,052
88,470
461,522
338,786
77.940
418,728
Incomo from charltablo actlvltl
Unre•trlGt8d Restrlct•d
fund•
funds
2024
2024
Total Unre¥trlct•d R•strlcted
fundi
lund•
2023
2023
Totsl
2024
2023
Charltable actlvltles
Income from conferences
& teams
Other incom•
Other reslric*ed Income
13,743
2,515
13,743
2.515
17.185
1,525
17.185
1,525
2,745
2.745
16.258
16,258
18,710
2,745
21,455
Incom• from othor tradlng actlvltles
Unre8trf¢tod Unr68trlcted
fundg
funds
2024
2023
Ja4)er8 Cafe
35,772
85,182
The activllle8 of the Jasper8 Cafe were transforrgd to a separat8 trading company from 1st May 2024.
Income from Inv•¥trn8nts
Unrnstrlcted Re8trlct8d
fund¥
funds
2024
2024
Total Unre8trbctsd Restrfctsd
funds
funds
2023
2023
Total
2024
2023
Interest rec8ivable
135
135
157
157
15-

CORNERSTONE CITY CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Expendliure on ral8lng fund8
un￿triCted Unr•strlctod
funds
funds
2024
2023
TradSng costs
Jaspgrs Cafe
Stsff costB
15.811
2S,613
39,093
49.654
41,424
88,747
Jasper Cafè costs cover the perlod from 1 January 2024 to 30 April 2024 when the a¢llvllle8 P888ed lo a
separate trading company
EJ(pfrndltum on charltabl• actl¥Stl•¥
Charltable
actlvltles
Ch8rllabte
acb'vilies
2024
2023
Dlrnct C08t•
S18ff costs
Depredation 8nd imp8lrment
In8uran¢e and repalr8
Mln18ty expensas
Events
Sundry- Evangellgm. Youth and others
209,384
5,325
63,110
4, 168
33,076
23,100
178,185
5,325
52,027
4,691
29,144
20,622
338.161
289,994
Grant funding of actbvltl68 (see note 9)
101,487
128,300
Share of •upport •nd govornanco costs {seè note 101
Support
31,629
48,195
471,277
464,489
Analyslg ty fund
Unrestricted funds
Restrict9d funds
397,348
73.929
368,976
95,513
471.277
464,489
16-

CORNERSTONE CITY CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Grants payable
Charltable
actlvltk8
2024
Charitable
activities
2023
Grants to ins￿lutIonS..
Relational Mlsslon
Mls&on Bolivia
Jo81 F811on
Revelation Church
Caring Hands
Foodbank
Homes for Gcw)d
Wlll & P•rv Comparat
Joe Brooks
Relallonal Mission - Mlkg Bett8
Mls$lon Moz8mblque
ID Students
Pioneer Mlssion
Other
4.800
52.714
4,000
4,800
1.200
600
600
8,540
75,969
3.000
4.100
1,200
800
600
1,000
4,000
4,800
12.286
2,600
4,800
4.307
11,500
10,000
5,917
5,874
101,487
128,300
10 Support co•ts allocatsd to •¢tlvlt
2024
2023
Travel costs
loliday contsrènces & team8
Administration expenses
Govemance costs
10,562
9,048
6,901
5.118
10,819
26.775
6,910
1,891
31,829
46,195
Charitable activities
31,629
48,195
2024
2023
GovoTnance costs comprf88:
Independent gxaminalion fees
Accountancy
Leg81 and professional
600
1.080
3,438
600
720
571
S,118
1,891
17-

CORNERSTONE CITY CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
11 Net movement Sn fund8
2024
2023
The nel movoment in funds is staled after chargin￿(CredItIngl'.
Fees payable for the independent examination of the tharfty'3 flnandal
stslements
Depreciation of ¢)wned property, plarrt 8nd ¢qulpment
600
5.325
600
5,325
12 Truste
None of th¢ Iru$less lor any per80n8 connected wllh them) receiv•d any remuneration or ben8flts from th9
charity durlr4J the ye8r12023 . nil).
Donation8 received from Tru$t¢•$ and related partles in the yeai amounted to £39,52012023.. £48,8S21.
13 Employe
The average monthly number of emplDy888 during the year was..
2024
Numb•r
2023
Number
11
11
Employment cost•
2024
2023
W8g68 8nd 8al8rf88
Sccial 8ecurily cost8
Other pgnsion ¢ost5
214,757
11,310
8,930
207,118
10,494
10,227
234,997
227,839
There were no employee8 who88 annual remungratlon wa5 more than £60.0thJ.
14 Taxatlon
The charity is exempl from taxation on its activities because all its income is applled for charitable purposes.
18-

CORNERSTONE CITY CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
1S Property. plant and equlpmont
8ulldinu
Imwovom•nts
otl*r fixed
Ollico
computor
aqulpmert
Total
Cost
Al 1 January 2024
148,857
25,870
9,534
184,061
At 31 December 2024
148,857
25,670
9.534
184,061
Deprnclatlon and Impalrment
Al 1 January 2024
Depreciation charged In the year
50.057
2,977
20,140
1,383
8,569
965
78,766
5.325
At 31 Decemter 2024
53.034
21,523
9,534
84.091
Carrylng amount
Al 310eGember 2024
95.823
4.147
99.970
At 31 December 2023
98,800
5.530
105.295
There 18 no record of the orlglnal ¢o$l of the Jasper Centre and hi8todc8lly no amount ha8 been 8hown In the
accounls..
Bullding Improvem¢nl$ r8pre$8nl the inltial fegs and cogts of work involved wth th¢ extenslon lo the Jasper
Centre.
18 Flxed a88•t Investrnents
Oth•r
Inv•stments
Cmt orv•luatlon
At 1 January 2024
AddltiCn8
At 31 De￿mber 2024
Canylng amount
Al 31 December 2024
At 31 December 2023
At 31 December 2024 there was a loan a¢￿￿t baLance of £21,563.
Thls represents the ownership of Jaspers Cafe Cornerstone Ltd (company number 15672940), a wholly
owned subsidiary which operates a eommunily cafe and missional c*Jtreach for church based In Rochester.
19-

CORNERSTONE CITY CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
16 Flxod asset Investmgnts Icontlnuodl
2024
2023
Other inve8trnen18 comprise-
Nolos
Investments in subsidlarle8
17 Trade and other roG•lvabl•B
2024
2023
Amoun1• falllng duo wlthln one year:
Amounts ¢)wed by Subsldlary undertakln98
Other recelvables
21,563
6.933
5.231
28,496
5,231
Therg is an amount of £21.563 ttjrrenlly owed to tho Church by Its subsldi8ry, Ja8per Café Corngrsbne
Llmited.
The eompany has currently 8 deficlt. The Trustees are MOn￿Oring the shuallon and laklng steps to try and
safeguard the88 funds. They are in dlscu8slon wllh the company dlr8Ctors lo help generate pront5, In order lo
repay these funds.
18 Current Ilabllltl••
2024
2023
Other payableB
A¢¢ruals and deferred Income
1,380
2.042
3,420
3.422
3.420
19 Retlr•ment boneflt schgm
2024
2023
Dellned contrlbutlon •cheme8
Charge to profil or loss in respect of defined contribulon schemes
8,930
10.227
The ch8rty opgrates a defined contllbution pension scheme for all qualifying gmployees. The asset5 of the
scheme are held separately from those of the tharty in an independ8nlly administered fvnd.

CORNERSTONE CITY CHURCH
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
20 Restrlcted funds
The restricted funds of the tharty comprisè thè unexpended balances of donations and grants held on trust
subj8Ct lo spocific Gondits'ons by donors as lo how they may be used.
At 1 January
2024
Incomlng
resources
Resources
exponded
Tran8f8rn
At31
Docembor
2024
8ulldlng Fund
Family Fund
Bolivia
Mozamblque
98,800
12,134
12.9771
111.431>
152.714)
16,8071
95,823
3,280
9,175
2,577
61.889
4.139
1,704
111,898
68.605
173,9291
1,704
108,278
Pr•vlous yoar.
At 1 J•nuory
2023
Incomlng
r¢•ource#
ResovfC••
exp•ndod
Trnnsfern
At31
De¢ornb•r
2023
Building Fund
Family Fund
Bollvia
Mozamblque
101,777
13,806
12,9771
15,0671
{75,969}
111.500)
98.800
12.134
3,395
64,828
12,464
11,143
115,583
80,685
{95,513}
11,143
111,898
The Bulldlng Fund
The 8ulldlng Fund represents the cost of capSlalised work8 to the Jasper Centro1o$¥ d•preciatlon.
Famlty Fund
The Family Fund con81818 of reslricl8d donallons for the relief of h3TdBhip for members of thè church
communlly.
Bollvla
The Bolivla Fund consists of restricted donations lo support Ihe development of a mission centre in Bollvia.
The transfer In 2023 of £11,143 was made from unrestricted funds to Covgr the excess of payments over
receipts in the year.
Mozamblque
The Mozamblque Fund consists of restricted donations lo support mission in Mozambique. The transfer in the
year ot £1.704 was made from unrestricted funds to cover the ex￿$$ of payments over receipts in the year.
21

CORNERSTONE CITY CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
21 Unre5trlcted funds
The unreslricled fund5 Of the charity comprise the unexpgndod balances of donatsons and grants which are
not subject lo specific conditions by donor5 and grantors as lo how they may be used. These indude
designated funds which have been set asitje out of unreslricled funds by the trustees for speclflc purposes.
At 1 January
2024
Incomlng R880urces
resources
expended
Tran8fvrn
At31
D•cgmb•r
2024
General frJnd$
121,017
445,082
1438,7721
{1,7041
125,623
Prnvlous yo•r.'
At l J•nuary
2023
In¢omiTrg Rosource•
resources
expend
Tran•f•r•
At31
December
2023
General fund8
I47,￿8
442,815
1457,7231
111,143)
121.017
22 Analy•l• of not as•ets b•twM•n lundi
Unro¥trScted
fund•
2024
R￿trIctfrd
funds
2024
Total
2024
At 31 December 2024:
Property. plant and oqulpmont
Investments
Current asse1811liabillties)
4,147
95.823
Q9,970
121,475
12,455
133,930
125,823
108,278
233,901
Unrestrlcted
funds
2023
Rgstrlctsd
funds
2023
Tot•1
2023
At 31 December 2023:
Propety, p18nt and equipm9nt
Current assetsl{liabililiesl
6,495
114.522
98,800
13,098
105,295
127.620
121.017
111,698
232.915
23 Relat￿ party transactlons
There were no disclosable related paty transactions durlng the year12023- none).

CORNERSTONE CITY CHURCH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
24 Sub8ldlaTles
These financlal 8lat8ments are separate charity financial statements for Cornerstone Cty Church.
Details of the charity's subsidiariès at 31 Decemter 2024 are as follows..
Namo of undertaklng
Regl$ter•d
officè
Naturg of bu$ln088
Class of
% Held
Shares held Dlroct IndlreGt
J88per Cafe Corner6tone Ltd
Cafe
Ordlnary
100.00
The aggregate ca￿la1 and reBerve8 and the result for the year of subsidiarias exduded from con8didalion
was as follow8.'
Name ol undertaklng
ProflVILossl C•pltal #nd
Jasper Cats Comerslong Ltd
{12.568)
(12.5671
26 C••h absorb•d by 0￿rntIOn•
2024
2023
Surplusl{deficill for the year
986
129,738)
Adlustmgnts for.
Inve8tmenl income recognl8ed In Statement of financlal actlvrtiog
D8preclatlon and ImpaI￿ent of property, plant and equipment
11351
5,325
11571
5,325
Movemonts In vffjrklng capltal:
{Increaselldecrease In trade and other receivables
Increase In trade and other payables
{23,285)
6,475
2,820
Cash ahorb•d by operntion8
{17,0871
115.2731
-23-