2024-09-30-accounts

The Trustees present their report and accounts for the year ended 30 September 2024. Trustees Mr. N. Barr¢)W Mr. L. Campos Mr. C. Davis Mrs. W. Ersklne Mr. D. Peach Mr. G. Peach Mrs. S. Reed Mr. T. Young Principal Office Abbotsbury Road, Weymouth, Dorset. DT4 OJS Independent Examiner Mrs. S.J. Hough FCA Edwards and Keeping Chartered Accountants Unity Chambers, 34, High East Stree( Dorchester. Dorset. DT11HA Bankers HSBC Weymouth Branch 18. St. Mary Street, Weymouth, Dorset. DT4 8PH C.'IUserslyounglOneDrivelDocumentsl2024ICornerstonelTiusteeslCornerstone - Trustee5 Report 2024 Ver 1.2.docx 30-Sept-24

Constitution. objects and policies A new Charitable Incorporated Organisation was formed and registered with the Charity Commission on 11 September 2017. This report and accounls are from October 2023 to September 2024. During this cu￿ent year the church changed the name of the charity to Cornerstone Church Weymouth. The objectives of Comerstone Church, Weymouth are to advance the Christian faith for the benefit of the public, serve the needs of the locality, to serve the people of Weymouth and the surrounding areas in Dorset as particular needs arise,. and to support missionary work locally, in the UK and abroad; sending money for the relief of poverty and through education and economic development. Committee and Management Day to day management of the charity is in the hands of the Leadership Team. That is Colin Beswick. Lelmer Campos, David Peach and William Randall. The leadership team meets once a month. The Board of Trustees meets twice a year and includes Nick Ba￿ow, Lelmer Campos, Wendy Erskine. David Peach, Gordon Peach, Sharon Reed and Tim Young. Finance is managed by the Finance Group who report to the trustees. The Finance Group members are Colin Beswick, Wendy Erskine and Tim Young. Investment Powers The Constitution authorises the committee to use all money raised to further its objects and for no other purpose. Public benefit The trustees confirm that they have complied with the duty in Section 4 of the Charities Act 2011 to have due regard to the Charity Commission's general guidance on public benefit. We are active in our local community seeking to help our neighbours through friendship and social action. We provide activities for all ages and for all social groups. To this end each week we run a Coffee Morning", and Wednesday evening meeting for weekty prayer, Bible study or 'Missionary focus,. There is a week]y parent and toddler group and also a youth group. We provide an office and support for the local CAP ￿￿tre manager. The church supports mission work in the UK and around th8 workl, both prayerfully and financial, giving to. for example London City Mission, Missionary Aviation Fellowship, The Open Air Mission, Project Mozambique and others. Risk management The Trustees hav8 examined the major strategic operational risks which the charity faces and confirm thal systems have been established to highlight and lessen these risks. C..IU5erslyounglOneDrivelDocumentsl2024ICornerstonelTrusteeslCornerstone- Trustees Report 2024 Ver 1.2.docx 30-Sept-24

Developmen¢ activities and achievements Comerstone Church, Weymouth is a small. Dorsel based. charity holding a weekly church service and, during temi time a mid-week meeting, a weekly meeting for toddlers and their carers and a weekly meeting for children, young people and their families. There is also a monthly lunch at the church open to all Locally. the church also supports communitywork in the broader community in Weymouth and Portland through CAP, working with other local churches through 'Refresh'. The church support Bible Education Services, Good News for Everyone, Project Mozambique, The Christian Inslilute and other organisalions each year encouraging visitors from groups that the church supports. Social work is supported through organisations such as Missionary Aviation Fellowship and Myra's Wells. Myra's Wells work in Noth AfrieA to install wells for fresh water in villages where this is lacking. Financial Revlew The charity generated incorne in the year of £47.368 to 30 Sept 24 (2023 £32,235) and incurred expenditure of £48,341 (2023 £42,988) Reserves policy The Trustees aim to maintain free reserves of £30,000 held in the current and deposit account equivalent to a year of average giving to the general fund and including £10,000 to cover any possible urgent building repairs. These funds are to ensure that the Church activities can continue as planned in the case of unforeseen Circumstan￿ or a sudden reduction in regular giving. The level of reserves is reported to the leadership tearn monthly to ensure that spending decisions are made in accordance with this policy. The policy is reviewed annually. Reserves currently held in excess of this are invested to provide income from the interest. C..IUserslyounglOneDrivelDocumentsl2024ICornerstonelTrusteeslCornerstone- Trustee5 Report 2024 Ver 1.2.docx 30-Sept-24

Statement of Trustees Responsibilities The tru*e$ are responslble for preparlng Ihe TfUStees' Report and the financlal slatemen18 In accordence wtth appIcal￿O law and United Klngdom ACCOUn￿n9 Standards Including Financkl Reportlng Standard 102: The Flnancial Reporling Standard applicat4e in the UK and Republic of IFeland (United Kln9dom Generdlly Ac￿pIed AGcounling Praclicg). The law appllcable to charilie8 In EnglaNI & Wa￿8 requtres the trustees to prepw8 financi81 stalements for egch financial year whlch glve a tNe and fair view of the s￿• of affatrs of the charity and of Ihe incomè and expenditure of the ¢harfty for that peYK)d In preparfng th88e fmandal statements. tho Iru8tees are required 8elect sultable accounting poficles and then apply them consisten11￿, observe the methods and principles In Ihe Ch8rfth8 SORP, makejudgments and accounllng ffitimates Ihat are reasonabkn and wuderTtr, state whether applicable a¢oounltng standard5 have been followed, subiect to 8ny material deparlures disclosed and explained In the finarthl statements. and PTepare the ffinan¢lal slatemeTts Dn th6 goin9 eoncem basls ur4059 ft Is Snapproprlateto presumg thatth8 tharity will ¢ontknuo in buslness. Tha twstees are r8sptsnsible lor maintslthng prOpera￿Ou￿1￿ Rcords olsclose wlth Rasonable accuracy al any lime the fmandal ￿lI10Th of charity and enable them to 8￿Ure that the financial statements compty wth the Chariti￿ Act 2011, th8 Charity (Accounts and Reports) Regulations 2008 and the wovisions of the trust deedlo)ngtlbJUon. Th•J are also responsible for safe9uaTdlng the assets of the charity and hence fortsking th1Sonab￿ steps fwthe preventlon and detection of fraud and other irragularAi8& The Ifustees are respO￿bIe for Ihe maknlenance inlegrity of the cknarity and thancial Informatlon included on the charW$ websits. Legislation In Ihe Unlted Kingdom gov8miy the weparatlon and disseminaiion of financlal State￿nts may differ from Iegtslatton In otherjurisdictions. QZ.11.%Ltr C:IU5erslyounglOneDrivelDocumentsl2024ICornerstonelTrusteeslCornerstone- Trustees Report 2024 Ver 1.2.docx 30-Sept-24

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CORNERSTONE CHURCH WEYMOUTH

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CORNERSTONE CHURCH WEYMOUTH

| report to the charity trustees on my examination of the accounts of the charity for the year ended 30 September 2024.

Respective responsibilities of trustees and examiner

As the charity’s trustees of Cornerstone Church Weymouth, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

{ report in respect of my examination of the Cornerstone Church Weymouth’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination | have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

| have completed my examination. | confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1. accounting records were not kept in respect of Cornerstone Church Weymouth as required by section 130 of the Act; or

2. the accounts do not accord with those records; or

3. the accounts do not comply with the accounting requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination.

| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

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Edwards & Keeping Chartered Accountants Unity Chambers 34 High East Street DORCHESTER Dorset DT1 1HA

Date:. 22..Novrente” 2074