Cornerstone Church Report of the Trustees for the Year Ended 31 March 2023 The trustees who are aL80 directors of the chanty for the purposes of the Companies Act 2006, present their report with the finanaal statemgnts of the charity for the year ended 31 Marth 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Stateent of Recommended Practice applicable to charilies preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) (effective 1 January 2019). STRUCTURE. GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its goveming do[Ment. a Memorandum of Association and Arlicles of Association. and constitutes a limited company. limited by guarantee, as defined by the Companies Act 2006. REFERENCE AND ADMINISTRATIVE DETAILS Registorod Company number N1630224 (Northem Ireland) Registered Charity number N100422 (Northem Ireland) Registered office Units 7-8 Rathfriland Enterprise Centre Downpatrick Street Rathfriland Co. Down BT34 5DQ Trustees A J Ervine A J Murray A D Murray M C E Somerville Independent Examiner S.M. Vint & Company Chartered Certifi8d Accountants 8 Newry Road Banbridge Co. Down BT32 3HN
Cornerstone Church Report of the Trustees for the Year Ended 31 March 2023 This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. Purposas The promotion and furtherance of the Christian religion through holding meetings for the promulgation of the Gospel and promotion of physical, mental and spiritual welfare of persons within Northem Ireland. The relief of poverty, financial and soaal harcship as need may arise vKJrfdwide by providing goods, services. medical care and other grants of rnoney for providing or paying for infrastructure, items, services, facilities and otherwise meeling need and deprivation. Developing the CApaty and skills of the rnembers of socially and econornically disadvantaged cornmunities in such a way that they a berter able to identify and help meel their needs and to participate more fully n gociety. The relief of sick and disabled persons and promotion of their physul and spiritual welfare. The relief of menlal and physical sickness of pw.ons suffering as a reSt of bereavement. loss, family breakdown, redundarY or financial hardshiF. by the provision of counselling and support for such persons. Providing a centre open to all (without distinction of sex. sexual orientation or of ra, political, religious or other opinK)ns) in an effort to advance education and to wovide facilities in the interests of social welfare for recreational leisure time occupation wilh the obpctive of lrnproving conditions of life for residents in the vicinity of the centre Helping young people through". The provision of recreational and leisure time activities, including residential weeks or weekends. provided in the interesl of social welfare. designed to improve their conditions of life. Providing e(lucation, support and a*ivities lch develop their skills, capAcitios and capabilities to enab18 them to partiapate in society as mature and responsible individuals. Providing financial support to evangelists. missionaries and organisations promoting the Christian religion. Beneficiaries The beneficiaries are rnembers. their families. those connected with the Church, the local community and the general public. Public Benefit The facilitation of regular public worship, training and biblelprayer gatherings. promoting the physical, menlal and spiritual wellbeing of society. Relief of the needs of people suffering from social exclusion or olher hardships both locally and abroad. This includes financial support to partner agencies, locally and abroad. who work to alleviate poverty and hardship. Greater social inclusion for members of socially and economically disadvantaged communities and social integralion via provision of opportunities to socialise in public worship gatherings. cornmunity meetings and opportunities to attend classes to develop skills necessary to function and participate more fully in society.
Cornerstone Church Report of the Trustees for the Year Ended 31 March 2023 The provision of support on practical, physi1 and spiritual levels for those in our community who are sick, disables or infirm tynd improved physical. emotional and spiritual wellbeing. Alleviation and relief of those within our membership and community, in response to such issues as bereavement, bss, family breakdown. redundancy or ffinancial hardship who receivè practical, phy8ical, cmotional and spiritual support fwurTI Cvtrier5tone Church including by pastoral car8 and counselling. Provision of a centre which is open. available and accessible to all from society regardless of sex, sexual ortentation. race. political or religious opinion or any other social background which can be used to enhance education. leisure, recreational. Kla1 and community integration opportunities for local residents. Provide support to loeal young poople r@lated to educational. social and recreational development through provision of activities. training and advice both in group settings and individual contact. Promotion and advancement of the Christian faith through evangelists. missK)naries and organisations supported financially and otherwise by Comerstone Church. Prlvalé Benefit A private benefit is to the finanLyally supported members of staff. However. triis is both incidental and necessarylo ensure the objecls of the charity are carried out to the required Stsndards. Activities - Summary of Activities Weekly Sunday services Weekly Connect Group gatherings Children's meetings Monthly prayer evenings Christians Against Poverty debt centre The Well foodbank Comerstone youth meetings Supporting ministries abroad Maln Achl•vements for the Year Worship services held each week throughJLrt the year Prayer ministry available CAP debt centre operaling - CAP tnoney course Food trolley in local sUperMaret Monthly prayer meetings Connect group meeting each week Christmas farnily service Fuel poverty appeal Food parcejs Community BBQ and picnics throughout the year Eagtèr programs - Eggsplorors and Hopa Explored Youth revision club Ukraine appeal - charity football match Year 8 '1t's Your Move. workshop
Cornerstone Church Report of the Trustees for the Year Ended 31 March 2023 Men's Bible sludy Ladies, Bible study 5 week course on 'eat well. spend less. Reftect- baby loss awareness Youth outings- Belfast Financial Revlew The congregation's main source of income is memberfs contributions through weekiy donations. There were 42 contributors during the year {40 in previous year. 2022) donating a total of £84.866 (£80,770 in previous year, 2022). The total income of the congregation during the year was £113.323: compared to £81.236 in the previous year. Total pxpp.nditiJrp dp.rfp.ased from f100.856 in 2022 to £g7.802 in 2023. Reserves Policy The trustees have considered the level of unrestricted reserves that il is appropriate to hold. taking account of current and ongoing commitments. 11 is the policy of the trustees to hold between three and six month's normal expenditure. At the year end unrestricted reserves were £30,635, which represenls a higher level of reserves. The trustees howEver, consider it prudent to hold reserves at this level as the funding of its present activities is dependent on the on-going financial support of members and to allow the purchase of a building for the charity in the fulure. Approved by order of the board of truslees on 3rd November 2023 and signed on its behalf by Murray - Trustee