CORNERSTONE BUILDING TRUST
To provide and maintain premises for Christian worship and associated activities. Christian teaching nurture and any actiivities compatible with the foregoing objectives
Objects
TO PROVIDE AND MAINTAIN PREMISES FOR CHRISTIAN WORSHIP AND THE ASSOCIATED ACTIVITIES OF CHRISTIAN TEACHING AND NURTURE AND ANY ACTIVITIES COMPATIBLE WITH THE FOREGOING OBJECTS.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves increased from £1,015,311 to £1,024,294 during the year, indicating a stable financial position. The charity reported a net incoming resource of £4,117, with total income of £31,577 and outgoing resources of £27,460. The balance sheet shows no current liabilities and a mortgage balance of zero, suggesting strong liquidity and low debt risk.
What the accounts disclose
Policies the charity declares
- Complaints handling
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding vulnerable beneficiaries
- Volunteer management
Trustees
- PAUL FRASER WILKINSONchair
- ANDY LOWLES
- Dr SIMON CARROLL
- JOHN RICHARD WATTS
- John Coe
- Joseph Wilfrid Welch
- RYSIA BANE
- TERENCE MARTIN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/11/2025 | £32k | £27k |
| 30/11/2024 | £28k | £22k |
| 30/11/2023 | £26k | £41k |
| 30/11/2022 | £49k | £39k |
| 30/11/2021 | £26k | £17k |
Common questions
Is CORNERSTONE BUILDING TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves increased from £1,015,311 to £1,024,294 during the year, indicating a stable financial position. The charity reported a net incoming resource of £4,117, with total income of £31,577 and outgoing resources of £27,460. The balance sheet shows no current liabilities and a mortgage balance of zero, suggesting strong liquidity and low debt risk. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE DEO GLORIA TRUST | 1 | £10k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE BAPTIST, GROVE | 1 | £5k |
Charities like this
- THE CORNERSTONE CHURCH GROUP
- THE CORNERSTONE WORKS LTD
- CORNERSTONE CHRISTIAN LEADERSHIP CENTRE
- THE CUNMONT CHARITABLE TRUST
- CORNERSTONE CHRISTIAN FELLOWSHIP
- CORNERSTONE CHURCH WATFORD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CORNERSTONE BUILDING TRUST | £32k | — | 0 | unclear | — | no doubt |
| THE CORNERSTONE CHURCH GROUP | £226k | — | 0 | unclear | — | no doubt |
| THE CORNERSTONE WORKS LTD | £498k | — | 0 | above | — | no doubt |
| CORNERSTONE CHRISTIAN LEADERSHIP CENTRE | £122k | — | 0 | below | — | no doubt |
| THE CUNMONT CHARITABLE TRUST | £2.4m | — | 0 | unclear | — | no doubt |
| CORNERSTONE CHRISTIAN FELLOWSHIP | £45k | — | 0 | above | — | no doubt |