CORNERSTONE CHURCH SWANSEA
Community projects-providing a range of services which are meeting the needs of different sections of the local community in a variety of ways. The church- is outward focused seeking to be relevant to the community and activities include training, teaching, pastoral care as well as being a resource for other churches.
Financial health, per its FY2026 accounts
The accounts state that unrestricted funds totalled £1,270,539, providing a healthy financial position with net incoming resources of £40,112 for the year. The trustees maintain a reserves policy targeting four months of unrestricted charitable expenditure, which is currently held as a designated Future Running Costs reserve of £94,250. The charity reports no material uncertainties and confirms that operating costs were met without drawing on designated reserves.
What the accounts disclose
“Cornerstone also holds a designated Future Running Costs reserve of £94,250. This equates to 4 months of unrestricted charitable expenditure. The Trustees consider that this level of reserves will provide sufficient funds for implementation of a contingency plan in the event of a significant drop in income.” — page 18
“A donation of £25,500 (2025 £25,500 ) has been made to Cymru Leadership Trust during the year, a charitable Trust of which A.Day and J.T.Pece are trustees.” — page 38
“Also trustees made donations to the charity amounting to £21,623 (2025 £21,600) and other key management made donations of £11,962 (2025 £11,732) for the year ended 31st January 2026.” — page 38
“A donation of £25,500 (2025 £25,500 ) has been made to Cymru Leadership Trust during the year, a charitable Trust of which A.Day and J.T.Pece are trustees.” — page 38
“Also trustees made donations to the charity amounting to £21,623 (2025 £21,600) and other key management made donations of £11,962 (2025 £11,732) for the year ended 31st January 2026.” — page 38
“A donation of £25,500 (2025 £25,500 ) has been made to Cymru Leadership Trust during the year, a charitable Trust of which A.Day and J.T.Pece are trustees.” — page 38
“Also trustees made donations to the charity amounting to £21,623 (2025 £21,600) and other key management made donations of £11,962 (2025 £11,732) for the year ended 31st January 2026.” — page 38
Property (HM Land Registry)
Trustees
- JULIETTE TAMSIN PECE BSC ECONchair
- ADAM DAY
- ANDREW PAUL HARVEY
- Hannah Mary Jones
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2026 | £344k | £304k |
| 31/01/2025 | £345k | £301k |
| 31/01/2024 | £336k | £320k |
| 31/01/2023 | £276k | £300k |
| 31/01/2022 | £309k | £285k |
Common questions
Is CORNERSTONE CHURCH SWANSEA financially healthy?
Per its FY2026 accounts: The accounts state that unrestricted funds totalled £1,270,539, providing a healthy financial position with net incoming resources of £40,112 for the year. The trustees maintain a reserves policy targeting four months of unrestricted charitable expenditure, which is currently held as a designated Future Running Costs reserve of £94,250. The charity reports no material uncertainties and confirms that operating costs were met without drawing on designated reserves. Its FY2026 accounts were independently examined.