Cornprstone Church Ilndependent Methodlst/8aptlst fellowship) Account5 for the year ended 31st March 202S with comparatlve fi8urÈ5 for the fSfteen months endèd 31st March 2024 AlstOred Charlty •*).11779)9
Cornerstone Church Ilndependent Method15tlBapt15t fellowshlpl FINANCIAL STATEMENT5 FOR THE YEAR ENDED 31st MARCH 2025 STATEMENTS OF ASSETS AND LIABILITIES AS AT 31st MARCH 2025 Church Sunday Fellowship Table School Group Tennls Asat 31.03.25 31.03.24 ASSEfs:Cash funds National Savings Bank Virgin Money Virgin Money-Tithe Fund Cash in Hand 14402 25099 14402 14258 12548 211 3563 1212 1212 40712 40712 30 The attached notes OTr pages 2 10 5 form part of these financial staternents. roved by. Trustees on. Board of Twstees Treasurer
Cornerstone Church Ilndependenl Merhodi5tl8aptlst fellowshlpl FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2025 Unrestricted Fund5 Re5tritted Fund5 TOTAL FUNDS 2025 2024 Note RECEIPTS Vol¢Jntary Receipts:_ Planned giving Colleaion at seTvices 1411 other voluntary receipts Gift Aid Tax recovered 13263 11220 1202 4922 13263 11220 1202 4922 13832 13992 1901 4582 5a 30607 34307 Activitiesfor generatine fvnds 5b Investment Income & Cashback sc Church l& Associated Group) Actmties Fund5 tran5fefred from Church ac£ountsfollowing amalgèmation 30580 162 30580 162 7521 IC8 sd 4183 4183 64 15644 15644 TOTAL RECEIPTS 81176 81176 48352 PAYMENTS urch Artwities:. Connexional Church l& Associated Groupl running expenses 4154w and donations 5g 3537 3537 66360 1147 66360 1147 46979 1505 sf 71044 71044 i• LV PAYMENTS OVER RECEIPTS 10132 10132 -132 AT W AWD 111 MAI4DOIA)42024 30580 30712 IIT ANO111 JI.OJ.2025 40712 30580
Cornerstone Church Ilndependent Methodi5tl8apt15t lellowshlpl NOTES FOR THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2025 Note I The financlal staternent5 01 the Church have been Pfepared u51n the Receipts & Payments basls. Note 2 Inyestment assets consist of reserves held in the NS&I. Note 3 Trustee5 receive re-lmbursement foy Items purchased on behalf of the Church. No other payments are rnade to the Trustees. Note 4 The rnovement5 in funds during the yearwere:. Balance Receipts Payments Transfers Balance Cld Blfwd Church 30580 81176 71044 40712 Note 5 Receipts and Payments Analy515 RECEIPTS Unrestricted Funds Restricted Funds TOTAL FUNDS 2025 2024 5a All other voluntary receipts:. Caterin8 donation5 Funer31 & weddlng fees & donations Sunday khool funds transferred From Asian Christian Fellowship towards new projertor 147 147 41 805 1367 493 250 250 1202 1202 1901
Cornerstone Church Ilndependent MethodlstlBapt15t fellowshlpl NOTES FOR THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2025 Cont'd Unrestrtcted Funds Restrlcted Funds TOTAL FUNDS 2025 2024 Sb Activitieslor generatlng funds Donation for Christmas tards Use of photocopier Use ol roorn thristin8le collection t)onation toward5 new orBan DoTrations"Curry on the Street" Model Bu5 Show Christian Aid PAT Testing Earthquake Appeal Le8èCV t)onations Compassion UK Collection for Chlldren's Society 25 25 29 78 6428 9325 9325 5300 53(K) 70 394 56 394 56 125 125 430 15000 253 222 Isooo 253 222 196 30580 30580 7521 Investment Income & Cashback Interest on NS&I account nrnber 137933346 Debit Card Cashback 143 19 143 19 109 162 162 109 urth Activities Sunday school Toddler Group T*e Tennls Section Events Cornmittee Copper5 Jar Insurance Clairn Grants-Ind.Meth.Connexlon 45 215 316 1078 29 45 215 316 1078 29 25LKI 443 347 125 25 55 4183 4183 6415
Cornerstone Church Ilndependent MethodSstl8aptlst fellow5hlpl NOTES FOR THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2025 Cont'd Unrestrlrted Funds Restricted Funds TOTALFUNDS 2025 2024 Receipts and Payment5 Analy515 PAYMENTS se Church Running Expenses:_ Funeral Donation Sunday School Zoom subscription Copyright Licences Maintenance & Renewals:. Structural maintenante Bu¢lding security Fire equipment Stair-lift service Cleaning. maintenance & catering Gas central heating Electrical work 2 166 156 423 2(KJ 166 156 423 173 405 5500 443 902 370 IS29 7679 567 5610 77 s%x) 443 902 370 1529 7679 567 5610 6636 1216 476 346 1780 347 120 100 117 313 353 734 10277 2324 2295 458 Piano & organ Small equipment feplacements Church Signage incl. repairs Plumbing repairs Equipment & resources Heat. light & water Insurance Phoiocopier Stamps and stationery Evangelical Alliante subscription Goodwill payments Telephone & Broadband Sundries Wages & Employee costs Minister5, expenses 254 393 10694 2603 1947 161 254 393 10694 2603 1947 161 50 520 401 24756 50 520 401 24756 870 80 547 133 17109 370 870 66360 66360 416889
Cornerstone Church Ilndependent MethodlstlBaptlsi fellowshipl NOTES FOR ThE FINANCIALsfATEMENTS FOR THE YEAA ENDED 315t MARCH 2025 Cont'd Unrestrlcted Funds Restricted Funds TOTAL FUNDS 2025 2024 Recelpts and Payments Analysis PAYMENTS sf "Curry on the Street" NCIC Outreach Food Bank Baptist Union Children's Society Derlan House-christmas card deliveries Turkey-syria Earthquake Appeal Christian Aid Compassion UK so so 50 so 680 222 222 196 25 25 430 125 56 56 1147 1147 1325 Connexional Connexional including l.m. Resource Centre 3537 3537 3537 3537 Note 6 There are no di5closable transartions in respect of Trustees, members, persons dosely connected with them or related parties. Note 7 During the year the Trustees employed a Caretaker. His employment attracted Social Security C05t5. In accordance with the Statutory provision5 under the Auto Enrolment PensSon rules the Trustees contrlbute to a pension fund. Note 8 ac£4¥Jnts have been prepared for the year ended 31st March 2025 cL¥r•w¥th* fiiures for the 15 months ended 31st March 2024.
INDEPENDE1 EXAAIINER'S REPORT TO THE AIEAIBERStrRUSTEES OF CORNERThONE INDEPENDENT MEfHODIST IBAPTIST FELLOWSHIP I report on the accounts for the year ended 31 March 2025 which are set out on pages 1 to5 Respectlve responslbilitles of Trustee5 and Independent Examlner As trustees of the charity, the member5 of the Church are responsible for the preparation of the accounts. The members consider that an audit is not required for this period (under section 144{2) of the Charities Act 2011 (The 2011 Actll and that an independent examination is needed. It is my res[)0bility to: examine the accounts der section 145 of the 2011 Act; to follow the pnKedures laid (lovm in the General Directic5 given by the Charity Commission under section 145{5)(bl of the 2011 Act). and to state whether particular matters have come to my attention. Basls of Independent Examiner's Statement My examination was carried out ?n accordance with General Drrections 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 incIeS consideration of any unusual iteffl5 or disclosures in the accounts, and seekn'ng explanations from the trustees concerning any such matter5. The predureS undertaken do not provide all the evidence that would be required in an audit, and c(KtseqtMtly I do t express an audit opinion on the accounts. Intyndent Examiner's statement In connection with my examination, no material matters have come to my attention which give me reasonable cause to believe that in, any material respect. members have rK)t met the requirements: to keep accounting records in accordance with section 130 of the 2011 Act. to prepare acc(yJnts which accord with the accounts records and to comply with the accounting requirements of the 2011 Act. Have not been met: or to vthich, In my opanlon, attention should be drawn in order to enable a proper understandSng of the accounts to be reached. Slgned... Jokn Si4arf Fellow JnKiluts of Ch eredAc lants in fjn8l•ndand Wales 50 Al•w Roa4Coln¢Jane re BB8 7JJ