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.
Objects
TO ADVANCE THE CHRISTIAN FAITH IN ACCORDANCE WITH THE STATEMENT OF BELIEFS APPEARING IN THIS SCHEDULE. HERETO IN SWANSEA AND IN SUCH OTHER PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES MAY FROM TIME TO TIME THINK FIT AND TO FULFIL SUCH OTHER PURPOSES WHICH ARE EXCLUSIVELY CHARITABLE ACCORDING TO THE LAW OF ENGLAND AND WALES AND ARE CONNECTED WITH THE CHARITABLE WORK OF THE CHARITY;TO RELIEVE SICKNESS AND FINANCIAL HARDSHIP AND TO PROMOTE AND PRESERVE GOOD HEALTH BY THE PROVISION OF FUNDS, GOODS OR SERVICES OF ANY KIND, INCLUDING THROUGH THE PROVISION OF COUNSELLING AND SUPPORT IN SWANSEA AND IN SUCH OTHER PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES MAY FROM TIME TO TIME THINK FIT, TO PROVIDE COMMUNITY FACILITIES FOR EDUCATIONAL RECREATIONAL AND OTHER LEISURE TIME OCCUPATION IN THE INTERESTS OF SOCIAL WELFARE FOR PERSONS WHO HAVE NEED OF SUCH FACILITIES BY REASON OF THEIR YOUTH POVERTY OR SOCIAL AND ECONOMIC CIRCUMSTANCES WITH THE OBJECT OF IMPROVING THEIR CONDITIONS OF LIFE IN SWANSEA AND IN SUCH OTHER PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES MAY FROM TIME TO TIME THINK FIT..
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
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 conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
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.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HUGHENDEN | 1 | £400 |
Charities like this
- CORNERSTONE EVANGELICAL CHURCH
- CORNERSTONE CHURCH SWINDON
- CORNERSTONE COLLECTIVE OF CHURCHES
- CORNERSTONE CHRISTIAN FELLOWSHIP (WINLATON)
- CORNERSTONE BUILDING TRUST
- CORNERSTONE MINISTRIES
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CORNERSTONE CHURCH SWANSEA | £344k | — | 0 | above | — | no doubt |
| CORNERSTONE EVANGELICAL CHURCH | £1.2m | — | 0 | unclear | — | no doubt |
| CORNERSTONE CHURCH SWINDON | £51k | — | 0 | below | — | no doubt |
| CORNERSTONE COLLECTIVE OF CHURCHES | £985k | — | 0 | unclear | — | no doubt |
| CORNERSTONE CHRISTIAN FELLOWSHIP (WINLATON) | £97k | — | 0 | unclear | — | no doubt |
| CORNERSTONE BUILDING TRUST | £32k | — | 0 | unclear | — | no doubt |