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2021-12-31-accounts

CORNERSTONE CHURCH (BOURNEMOUTH)

REPORT

FOR THE YEAR ENDED

31[st] DECEMBER 2021

CORNERSTONE CHURCH

INDEX TO THE REPORT & FINANCIAL STATEMENTS For the year ended 31[st] December 2021

Page Charity Information 3 Report of the Trustees 4 – 9 Financial Statements 10 – 13 Copy of independent examiner’s report on the 2021 accounts 14 for Cornerstone Church

2 Cornerstone Church (Bournemouth) – Annual Report Jan-Dec 2021

CORNERSTONE CHURCH

CHARITY INFORMATION

The Trustees Mr Toby Butler (Church Leader)
Mrs Jacqui Underwood
Mr Ian Collier
Mrs Madeleine Parish
Secretary Mrs Mary James
Treasurer Mrs Miriam Fitzsimmonds Jan – Sep 2021
Mr David Fleming Oct 2021 onwards
Principal office address Cornerstone Church
Holloway Avenue
Bournemouth
Dorset
BH11 9JR
Registered Charity Number 1163367
Inland Revenue charity number X95938
Independent Examiner Mrs Sue Wintle
Oak Accounting
Bank CAF Bank Ltd,
25 Kings Hill Avenue,
Kings Hill
West Malling
Kent ME19 4JQ

3 Cornerstone Church (Bournemouth) – Annual Report Jan-Dec 2021

CORNERSTONE CHURCH REPORT OF THE TRUSTEES For the year ended 31[st] December 2021

The Trustees have pleasure in presenting their report and the financial statements for the year ended 31[st] December 2021.

Structure, governance and management

Governing Document

Cornerstone Church is a self-governing, self-financing congregation within the Baptist Union of Great Britain. The decision-making body, being the Church Meeting, comprises all the members of the Church, and is governed in accordance with the constitution adopted on 25[th] September 2014 as part of the process to register with the Charity Commission in accord with the revised rules set out in the Charities Act 2011.

Cornerstone Church was registered with the Charity Commission on 26[th] October 2014.

Organisational structure

The Church membership appoints Ministers, Elders, a Church Secretary and a Treasurer to oversee the running of the affairs of the church. The individuals holding these posts also act as Trustees of the charity.

The church employs Toby & Hannah Butler as joint church leaders with 7 days between them. AJ Fewtrell is employed full-time as our Youth & Children’s Worker. In September 2021, we were pleased to employ Christina Cashell as our part-time Administrator.

All the other Trustees and office bearers are non-stipendiary.

Recruitment and appointment of New Trustees

Ministers, Elders, Secretary and Treasurer are all Trustees of the charity and their appointment is approved by the membership at a General Meeting, as and when required.

Objectives and activities

Cornerstone Church is a fellowship of Christian people affiliated to the Baptist Union of Great Britain. The mission of the church is summarised by the statement:

“The principal purpose of the Church is the advancement of the Christian faith according to the principles of the Baptist denomination. The Church may also advance education and carry out other charitable purposes in the United Kingdom and/or other parts of the world.”

Public Benefit

In undertaking the planning of the many activities undertaken during this year, we have taken into account the Charity Commission guidance on public benefit and in particular in relation to the guidance relating to the advancement of religion. We have sought to ensure that all our activities are available and open to all within the community in which we serve, both in the provision of services of worship and in provision of community activity and support.

4 Cornerstone Church (Bournemouth) – Annual Report Jan-Dec 2021

Reviewing Progress in Relation to Priorities Identified Last Year (2020)

The priorities identified at the end of 2020 were as follows:

Progress made on these priorities:

5 Cornerstone Church (Bournemouth) – Annual Report Jan-Dec 2021

Achievements and Performance

By November 2020, we were seeing up to 18 children at church most Sundays and around 50 adults – this was still with Covid making people wary and we were unable to worship as we would like. In 2021, Sunday attendance varied throughout the year, depending on restrictions and availability, but around 60-70 adults and 20-30 children would call this church their home by the end of the year.

Membership of the church stood at 54 during 2020 and by the end of 2021 was at 65. We had several new families and couples join the church in 2021, which we were delighted about. January – March saw another lockdown with church online again, but, as soon as we were able, we began to meet in person again, still limited by restrictions. We had a wonderful outdoor gathering at Easter, with around 120 in attendance, as well as an Easter egg hunt beforehand. As we could sing outside without masks, we tried to do as many services outside as possible, but this was intermittent, due to the weather!

Over the summer holidays, we ran various activities for youth and children (see below), culminating in a Family Fun Day, with around 30 volunteers and 250-300 people in attendance. It was a great success and enjoyed by all.

We held a Light Party in October half term for local families. About 50 attended and it was well received. We went back to holding a Fireworks Night and it was wonderful, with well over 200 people attending, enjoying fireworks, s’mores, firepits, homemade soup and hot chocolate.

Covid cases were on the rise by December, so the Christingle and Carol Service were down on numbers and we didn’t hold a service on Christmas Day itself, but went online.

In the week running up to Christmas, we went in small groups to sing at people’s houses who were housebound at the time. It was joyfully received and was a blessing to the neighbours too.

6 Cornerstone Church (Bournemouth) – Annual Report Jan-Dec 2021

Activities mainly geared towards adults

Activities geared mainly towards children and young people

7 Cornerstone Church (Bournemouth) – Annual Report Jan-Dec 2021

Maintaining the provision of facilities at Cornerstone Church

The church employs the following self-employed contractors on a regular basis:

Developing facilities at Cornerstone Church

It was decided and approved in 2020, to redecorate the side hall and turn the foyer into a proper café space at the cost of £10,000. The side hall was turned into the lounge, with the corridor replaced by cupboards. Refurbishment was carried out by Martin Barber, as well as staff members and volunteers. The foyer was transformed into a working café during this time too, again with considerable staff and volunteer input.

Links with other Community Agencies

It has been encouraging to receive positive feedback during the year from the community, schools and community organisations on our activities, and to continue to be recognised as being active in supporting the local community.

8 Cornerstone Church (Bournemouth) – Annual Report Jan-Dec 2021

Looking Ahead

Although 2022 is looking unpredictable with Covid-19 still very much present and restrictions varied, here are our 2022 priorities:

  1. To keep prayer & worship of Jesus at the core of all we do. We would like to run an evening service at some point, with more time to pray & worship, uninterrupted.

  2. To grow a healthy church, all looking to go further in their journey with Jesus, as missional disciples, building God’s kingdom. This may look like more involved on a Sunday and more housegroups starting.

  3. To see further growth and consolidation amongst our children’s and young people’s work. We have good links with schools which we would like to grow. We would like to take our young people on a Christian summer camp, and look at discipleship opportunities for them throughout the year i.e. a regular young people/children’s housegroup.

  4. To see more families of those who come for kids work engaged in the church too, through chats in the café and hopefully see them coming on Sundays too and finding their own faith, as well as finding a sense of belonging here.

  5. To see our new members actively engaged in using their gifts and serving in our church community and beyond.

  6. To continue to meet the needs of our local community. We would especially like to start a CAP money course.

  7. To do what we see God doing and go where He goes – to be wise in what we commit to, with a heart for the last, the least and the lost.

9 Cornerstone Church (Bournemouth) – Annual Report Jan-Dec 2021

----- Start of picture text -----
Charity Name No (if any)
Cornerstone Church, Bournemouth 1163367
Receipts and payments accounts CC16a
For the period Period start date Period end date
from 1st January 2021 31st December 2021
Section A Receipts and payments
Unrestricted Designated Restricted
Total funds Last year Notes
funds funds Funds
to nearest £ to nearest £ to nearest £ to nearest £ to nearest £
A1 Receipts
Income from Offerings & Gift Aid 49,041 63 53 49,157 46,391 2 (ii)
Tax Recovery 9,421 1,391 - 10,812 9,887
Cafe 956 - - 956 -
Other Income 8,303 - - 8,303 1,783
Building/ Development Fund - 6,381 - 6,381 7,760 2 (ii)
Income received and paid out to others - 1,318 - 1,318 2,705 2 (iii)
Sub total (Gross income for AR) 67,721 9,153 53 76,927 68,526
A2 Asset and investment sales, (see
table).
- - - - -
Total receipts £67,721 £9,153 £53 £76,927 £68,526
A3 Payments
Ministers' expenses 38,019 - - 38,019 38,418
Administration: 6,735 - - 6,735 2,542
Children's Ministry 28,924 - - 28,924 16,731
Evangelism 984 - - 984 427
Premises 11,662 - - 11,662 9,930
Ministry 453 - - 453 660
Missionary support 2,000 4,400 - 6,400 7,050 2 (ii)
Music Group - - - - 98
Other Exp. (Manse refurbishment, etc.) 208 - - 208 -
Building/ Development Fund 4,614 - - 4,614 87,690 2 (ii)
Payment of income received for others - 1,547 1,547 2,920 2 (iii)
Sub total 93,598 4,400 1,547 99,544 166,466
A4 Asset and investment purchases,
-
(see table) - - -
Sub total - - - - -
Total payments £93,598 £4,400 £1,547 £99,544 £166,466
Net of receipts/(payments) - 25,877 4,753 - 1,493 - 22,617 - 97,940
A5 Transfers between funds 4,400 - 4,400 - - -
A6 Cash funds last year end 48,530 77,516 - 126,045 223,769
Cash funds this year end 27,053 £77,869 -£1,493 £103,428 126,045
----- End of picture text -----

2021 CC Accounts

14/10/2022

10

----- Start of picture text -----
Section B Statement of assets and liabilities at the end of the period
Unrestricted Designated Restricted
Total funds Last year
Categories funds funds Funds
B1 Cash funds to nearest £ to nearest £ to nearest £
CAFbank 10,658 16,033 - 26,691 24,170
United Trust Bank - - - - 16,401
Redwood Bank - 61,836 - 61,836 61,115
Baptist Together/ Loans Fund 14,413 - - 14,413
Cash in hand - 20 - - - 20
Lloyds 495 - - 495 24,359
Total cash funds £25,546 £77,869 £0 £103,415 £126,045
Unrestricted Designated Restricted
funds funds funds
B2 Other monetary assets Details to nearest £ to nearest £ to nearest £
£0 £0 £0
B3 Investment assets Details
£0 £0 £0
B4 Assets retained for charity’s own Details to nearest £ to nearest £ to nearest £
Church Buildings At Insurance Valuation 1,645,474 1,409,234
Church Manse At Insurance Valuation 258,913 258,913
Church Contents At estimated realisable value 8,000 7,000
Total Capital Asset Value £8,000 £1,904,387 £1,675,147
B5 Liabilities Details
-
Signed by two Trustees on behalf of all the Signature Print Name Date of approval
Trustees
----- End of picture text -----

2021 CC Accounts

14/10/2022

11

Cornerstone Church, Bournemouth Notes to Financial Statements Year Ended 31st December 2021

1 Accounting Policies

The Financial Statements have been prepared in accordance with the Charities Act 2011, on the Receipts and Payments basis.

(ii) Grant Making Policy

Grants, gifts and donations were made to various organisations in the furtherance of the charity's objectives. Monies donated from general funds to Missionary causes are detailed below. Monies received for specific causes are held in a Restricted Fund pending remittance of monies to the appropriate beneficiary.

(iii) Assets for Church Purposes Assets and property, which are retained for or are occupied by Church purposes and which are non- investment assets, are valued at insured values and are listed on the Statement of Assets and Liabilities as non- monetary assets.

(ii) DESIGNATED FUNDS represent funds set aside by the Trustees, out of ordinary unrestricted general funds, for specific purposes or projects, but they can be transferred back into general funds at any time.

----- Start of picture text -----
Balance 1st Jan Balance 31st
PURPOSE 2021 Receipts Payments December 2021
to nearest £ to nearest £ to nearest £ to nearest £
SCBA Home Mission - 2,200 2,200 -
Baptist Missionary Society - 2,200 2,200 -
Small Gifts to other missions - 2,000 2,000 -
Development Fund 77,516 7,544 4,614 80,446
Totals £77,516 £13,944 £11,014 £80,446
----- End of picture text -----

(iii) RESTRICTED FUNDS represent donations or grants received or invited for specific purposes. Any balance remaining unpsent must be carried forward as a balance on that fund and cannot be absorbed into general funds.

----- Start of picture text -----
Balance 1st Jan Balance 31st
FUND NAME FUND PURPOSE 2021 Receipts Payments December 2021
to nearest £ to nearest £ to nearest £ to nearest £
Tear Fund Relief Agency - 53 - 53
- - - -
- - - -
- - - -
Totals £0 £53 £0 £53
----- End of picture text -----

There are 10 Funds and Groups attached to the Church, which only exist because the Church exists. They operate their own finances, which are subject to separate independent examination. A summary of their combined activities is given below and copies of their accounts can be obtained from the Church Treasurer. They are:

Donations
Net of receipts/(payments)
Cash funds last year end
Cash funds this year end
Sundry Funds held by connected Groups and Funds
Operating Activities to generate funds
Payments for generating funds
Total Payments
Receipts
Payments
Total Receipts
Charitable payments (to Church Funds)
Operating Activities to further Charity's objects
Operating Activities to further Charity's objects
Restricted
Funds
to nearest £
3,072
305
310
3,688
360
1,883
1,800
4,043
£0
2021 Total
to nearest £
3,072
305
310
3,688
360
1,883
1,800
4,043
- 355
4,001
£3,646
2020 Total
to nearest £
2,728
268
-
2,996
125
1,663
574
2,362
634
3,366
£4,000

2021 CC Accounts

14/10/2022

12

Cornerstone Church, Bournemouth

Notes to Financial Statements for year ended 31st December 2021

4 Analysis of Receipts and Payments Items

----- Start of picture text -----
Unrestricted Designated Restricted
Total funds Last year
funds funds Funds
to nearest £ to nearest £ to nearest £ to nearest £ to nearest £
Receipts
Offerings (non- Gift-aided) 15,980 63 43 16,086 10,886
Gift Aided Donations 33,061 10 33,071 34,432
Tax Recovery 9,421 1,391 10,812 10,845
Rents 4,086 4,086 8,614
Interest 824 824 2,304
Café 956 956 -
Other Income 3,393 1,318 4,711 18
Development Fund 6,381 6,381 74,676
Income received to pay to others - 2,705
Total income £67,721 £9,153 £53 £76,927 £144,479
Payments
Ministers' Expenses:
Salary, Pension & NI 31,656 31,656 14,199
Pension Deficit Contribution 3,695 3,695 3,553
Car Allowance 43 43 245
Conferences & Book Allowance 70 70 125
Council Tax 1,666 1,666 1,113
Manse Water/ Sewage/ Insurance 889 889 570
Total 38,019 - - 38,019 19,805
Administration:
Postage & Stationery 184 184 224
Fees & Subscriptions 858 858 1,456
Household Goods 903 903 462
Sundries 1,295 1,295 1,075
Administrator Salary, Pension & NI 2,669 2,669
Event expenditure 826 826
Total 6,735 - - 6,735 3,218
Children's Ministry
Youth Worker 27,340 27,340 16,097
Youth & Children's Work - - - 40
Messy Church - - 674
Children's worker travel, training etc 216 216 -
Youth & Childrens Outreach 1,368 1,368 -
Total 28,924 - - 28,924 16,731
Evangelism Group
General Evangelism 984 984 427
Total 984 - - 984 427
Premises Group
Electricity 826 826 802
Gas 1,561 1,561 1,188
Water & Sewerage 150 150 288
Church Insurance 1,870 1,870 1,806
Telephone 425 425 454
Cleaning 1,551 1,551 1,608
Repair & Maintenance 3,398 3,398 2,266
Buildings & Equipment 1,880 1,880 1,517
Total 11,662 - - 11,662 9,930
Ministry Group
Visiting Ministry/ Moorlands 350 350 660
Teaching Materials 64 64 -
Training/ Retreats 39 39 -
Total 453 - - 453 660
Missionary Group
Home Mission 2,200 2,200 2,200
BMS 2,200 2,200 2,200
Other Mission Support 2,000 2,000 2,650
Total 2,000 4,400 - 6,400 7,050
Music Group - -
Other Expenditure 208 208 -
Building/ Development Fund 4,614 4,614 17,655
Income paid out to others 1,547 1,547 2,705
Total payments 88,983 10,561 - 99,544 78,181
----- End of picture text -----

5 Paid Employees

Gross Salary, NIC & pension costs Pension Deficit Contributions Total Staff Costs

Average number of employees for the year

This year
to nearest £
61,665
3,695
Last year
to nearest £
48,540
2,724
65,361 51,264
3.33 1.87

2021 CC Accounts

14/10/2022

13

4[th] May 2022

The Trustees Cornerstone Church Holloway Avenue Bournemouth BH11 9JR

INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS

Report to the Trustees of Cornerstone Church

On accounts for the year ended 31[st] December 2021

Respective responsibilities of Trustees and examiner

The Trustees consider that an audit is not required for this year (under section 144(2) of the Charities Act 2011 (the Act)) and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner’s statement

My examination was carried out in accordance with General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In the course of my examination, no matter has come to my attention:

  1. which gives me reasonable cause to believe that, in any material respect, the Trustees have not met the requirements to ensure that:

  2. a. proper accounting records are kept (in accordance with section 41 of the Act); and

  3. b. accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Act; or

  4. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed: …SueW……….

Date: …4/5/2022….

Sue Wintle FMAAT

Accounting Technician

27 Bascott Road Wallisdown Bournemouth Dorset BH11 8RJ