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CORNERSTONE (NORTH EAST) ADOPTION AND FOSTERING SERVICE

Registered charity 1114213 · accounts filings on the Charity Commission register · also known as Cornerstone UK, Foundations Matter · also registered in Scotland as SC050836 (OSCR)

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Latest income
£1.2m
Latest spending
£1.2m
Registered
2006
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a deficit of £59,066 for the year ended 31 March 2025, resulting in a decline in total reserves from £170,161 to £111,095. The trustees acknowledge that the cash flow situation has been precarious and that the charity's ability to continue as a going concern is heavily dependent on securing uncertain grant funding and generating income from new services.

What the accounts disclose

Reserves policy: three months of unrestricted expenditure (held: £35k)
“The policy of Cornerstone is to hold sufficient reserves to operate for three months expenditure assuming no further income comes in.” — page 12
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Kinnair Associates Limited. Discloses 5 of 6 completeness components.

Public fundraising profile: JustGiving — Foundations Matter (matched by registered charity number).

Structured financials (annual return, FY ending 31/03/2025)

Total income
£1.2m
Total spending
£1.2m
Cost of raising funds
£14k
Reserves (reported)
£111k
Employees
15

Reported reserves equal ~1.1 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Scotland · Throughout England

Income and spending

Financial year endIncomeSpending
31/03/2025£1.2m£1.2m
31/03/2024£967k£1.1m
31/03/2023£976k£1.1m
31/03/2022£905k£915k
31/03/2021£810k£768k

Common questions

Is CORNERSTONE (NORTH EAST) ADOPTION AND FOSTERING SERVICE financially healthy?

The accounts state that the charity reported a deficit of £59,066 for the year ended 31 March 2025, resulting in a decline in total reserves from £170,161 to £111,095. The trustees acknowledge that the cash flow situation has been precarious and that the charity's ability to continue as a going concern is heavily dependent on securing uncertain grant funding and generating income from new services. Its FY2025 accounts were audited by Kinnair Associates Limited.