Trustees’ Annual Report for the period
From April 2023 To March 2024
Charity name: Cornerstone Ministerial Alliance
Charity registration number: 1199678
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | Ordain Ministers |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
Ordination |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | Yes we have had the guidance |
| Additional information (optional) You may choose to include further statements where relevant about: |
||
| SORP reference | ||
| Policy on grant making | Para 1.38 | We don’t apply for grant so it is, NONE |
| Policy on social investment including program related investment |
Para 1.38 | NONE |
| Contribution made by volunteers |
Para 1.38 | CONTRIBUTIONS TOWARDS ORDINATION |
| Other | NONE |
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | Ordinations have been made for Churches |
| Additional information (optional) You may choose to include further statements where relevant about: |
||
| Achievements against objectives set |
Para 1.41 | Only ordinations have been made |
| Performance of fundraising activities against objectives set |
Para 1.41 | Very few but will increase |
| Investment performance against objectives |
Para 1.41 | No Investments |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | April 2023-April 2024 |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | No reserve expect account balance |
| Amount of reserves held | Para 1.22 | £550.00 |
| Reasons for holding zero reserves |
Para 1.22 | Not enough income |
| Details of fund materially in deficit |
Para 1.24 | None |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | None uncertainty |
Additional information (optional)
You may choose to include further statements where relevant about:
The charity’s principal sources of funds (including any fundraising) |
Para 1.47 |
Giving when the need arises |
|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | No investment policy |
| A description of the principal risks facing the charity |
Para 1.46 | None |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
Trustee oversees the Charity’s work | |
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Trust Deed |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Charity Commission Registered |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | No Need now |
Additional information (optional)
You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction and training of trustees |
Para 1.51 |
None yet |
|---|---|---|
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | Part of Evangelical Alliance |
| Relationship with any related parties |
Para 1.51 | Member of the Evangelical Alliance |
| Other |
Reference and Administrative details
| Charity name | Cornerstone Ministerial Alliance |
|---|---|
| Other name the charity uses | None |
| Registered charity number | 1199678 |
| Charity’s principal address | 53 Rowfant Road Balham SW17 7AP |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Archbishop Faustina Clarke |
Chairman | 18/07/2022 | ||
| Archbishop Nana Afaidze-Hayford |
Trustee | 18/07/2022 | ||
| Nana Abena Agyemang |
Secretary | 18/072022 | ||
| Corporate trustees–names of the directors at the date the report was approved | Corporate trustees–names of the directors at the date the report was approved | Corporate trustees–names of the directors at the date the report was approved |
|---|---|---|
| Director name | None | |
Name of trustees holding title to property belonging to the charity
| Trustee name | Dates acted if not for whole year | |
|---|---|---|
| None | ||
Funds held as custodian trustees on behalf of others
Description of the assets None held in this capacity Name and objects of the None charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for None safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
| Names and | addresses of advisers (Optional information) | addresses of advisers (Optional information) |
|---|---|---|
| Type of adviser |
Name Address |
|
| None | ||
Name of chief executive or names of senior staff members (Optional information)
None
Exemptions from disclosure
Reason for non-disclosure of key personnel details
We have no staff because we are very small
Other optional information
None
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) Nana Abena Agyemang Full name(s) Nana Afaidze-Hayford
Position (eg Secretary, Trustee Secretary Chair, etc)
Date