CORNERSTONE (NORTH EAST) ADOPTION AND FOSTERING SERVICE
Providing a high quality adoption and fostering child care service according to Christian principles to alleviate the needs of children and young people who are or may be temporarily or permanently separate from their families.
Objects
TO PROVIDE A HIGH QUALITY ADOPTION AND FOSTERING CHILD CARE SERVICE ACCORDING TO CHRISTIAN PRINCIPLES TO ALLEVIATE THE NEEDS OF CHILDREN AND YOUNG PEOPLE WHO ARE OR MAY BE TEMPORARILY OR PERMANENTLY SEPARATE FROM THEIR FAMILIES AND TO PROMOTE THE RELIEF AND CARE OF CHILDREN WITHOUT FAMILIES OR PARENTS ABLE TO CARE FOR THEM BY THE PROVISION OF SUBSTITUTE FAMILIES ABLE TO MEET THEIR NEEDS WITH THE AIM OF IMPROVING THE CONDITIONS OF LIFE AND FUTURE OF SUCH CHILDREN AND YOUNG PEOPLE.
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
“The policy of Cornerstone is to hold sufficient reserves to operate for three months expenditure assuming no further income comes in.” — page 12
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee expenses policy and procedures
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Nadine Parkerchair
- Charles Fraser Thomson
- Gillian Horner
- Hamish Alexander Baillie
- Karen Elizabeth Barrick
- MICHAEL GEOFFREY HORNER
- THOMAS NEVIL ANTHONY STAUNTON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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?
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. Its FY2025 accounts were audited by Kinnair Associates Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE DEO GLORIA TRUST | 1 | £10k |
| THE PETER KERSHAW TRUST | 1 | £3k |
| GOSPEL PARTNERS TRUST | 1 | £3k |
Charities like this
- THE CORNERSTONE WORKS LTD
- CORNERSTONE EVANGELICAL CHURCH
- CORNERSTONE CHURCH, BOURNEMOUTH
- CORNERSTONE CHRISTIAN LEADERSHIP CENTRE
- THE CORNERSTONE CHURCH GROUP
- Cornerstone Bath
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CORNERSTONE (NORTH EAST) ADOPTION AND FOSTERING SERVICE | £1.2m | — | 0 | unclear | — | no doubt |
| THE CORNERSTONE WORKS LTD | £498k | — | 0 | above | — | no doubt |
| CORNERSTONE EVANGELICAL CHURCH | £1.2m | — | 0 | unclear | — | no doubt |
| CORNERSTONE CHURCH, BOURNEMOUTH | £126k | — | 0 | unclear | — | no doubt |
| CORNERSTONE CHRISTIAN LEADERSHIP CENTRE | £122k | — | 0 | below | — | no doubt |
| THE CORNERSTONE CHURCH GROUP | £226k | — | 0 | unclear | — | no doubt |