TRUSTEES REPORT 2020/2021 CORNERSTONE GLOBAL MINISTRIES
1. IN LINE WITH OUR REGISTRATION GUIDELINE ISSUED BY CHARITY COMMISSION, CORNERSTONE GLOBAL MINISTRIES UNDERTOOK THE FOLLOWING ACTIVITES FOR THE YEAR 20202021 :
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We held our weekly church services every Sunday bible studies every Wednesdays and prayer meetings on Fridays which moved to ZOOM since April 2020
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we also conducted community outreach as part of evangelism once every month including distribution of faith literature until lockdown began. These are now held on ZOOM.
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We also held our yearly leadership training Seminar and our yearly family Sunday and marriage counselling sessions
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To the best of our knowledge we wish to confirm that all our activities were done is line with the charity commission requirements
3. We have based on this report made changes to the trustees body
4. During this period we acquired musical RELATED instruments no other assets such as property was acquired.
5. Generally we are pleased to confirm that the state of the charity and the health there of gives us no reasonable concern.
Danny Kunda
Cornerstone Global Ministries.
Cornerstone Global Ministries
Statement of Financial Position as of 1[ST ] April 2021
| 2020/2021 | 2019/2020 | |||||||
|---|---|---|---|---|---|---|---|---|
| £ | ||||||||
| Assets | 8146.34 | £ | 8143.73 | |||||
| Current Assets | ||||||||
| [1] | ||||||||
| Cash and Cash | ||||||||
| Equivalents | 1100 | . | 0.61 | |||||
| TOTAL ASSETS | 9246.34 | 8146.34 | ||||||
| Liabilities | £ | £ | ||||||
| Current | ||||||||
| Liabilities: | ||||||||
| Building Costs | 0 | 0 | 2000 | 0 | ||||
| Loan | 2000 | 0 | ||||||
| 0 | 0 | |||||||
| 0 | 0 | |||||||
| 0 | 0 | 0 | 0 | |||||
| 0 | 0 | |||||||
| 0 | 0 | |||||||
| 0 | 0 | |||||||
| 0 | ||||||||
| 0 | 0 |
TOTAL LIABILITIES
2000
2000
[1] Details found in Asset Register
Cornerstone Global Ministries
Statement of Profit and Loss April 2020 – March 2021
April 2020 - March 2021
Income 4800 Expenditure 3700