CORNERSTONE EVANGELICAL CHURCH
Christian celebration on Sundays with music & teaching, children's classes & creche facilities.Involvement in Community activity and support for the homeless.Finance, prayer & care support for overseas workers and their families.Provision of Christian youth & other age groups.Support for Christian students (home & overseas).Outreach and teaching for people investigating Christianity.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves of £290,321 are within the stated policy target of £199,000 to £298,000. However, the charity reported a net deficit for the year, with unrestricted expenditure exceeding unrestricted income. The trustees acknowledge that current expenditure levels cannot be sustained with current income and plan to implement spending pauses in 2026 to return to reserves policy compliance.
What the accounts disclose
“The church's policy is to maintain 2-3 months’ cash reserves equivalent to £199,000 to £298,000.”
“Some trustees and relatives of trustees are remunerated, as permitted in the Memorandum and Articles of Association — this includes salary, pension and expenses.” — page 41
“Lead Minister John Russell registered a conflict of interest relating to Safe Families and Home for Good due to the employment of a close family member. He removed himself from all decisions and discussions concerning the support of the charity.”
“Some trustees and relatives of trustees are remunerated, as permitted in the Memorandum and Articles of Association — this includes salary, pension and expenses.” — page 41
“Lead Minister John Russell registered a conflict of interest relating to Safe Families and Home for Good due to the employment of a close family member. He removed himself from all decisions and discussions concerning the support of the charity.”
“Some trustees and relatives of trustees are remunerated, as permitted in the Memorandum and Articles of Association — this includes salary, pension and expenses.” — page 41
Leadership, per the charity’s website
- John Russell — Lead Minister
- Kathryn Jackson — Lead Director of Ministry
- Felicity Scullion — Director of Operations
- Amanda Smart-Gosrani — Director of Ministry
- Katrina Harper — Director of Ministry
- Phil Moore — Director of Ministry
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- BENJAMIN DAVID KENNEDY
- David Upton
- Dr DAVID ALEXANDER DEVADASON
- John Mark Russell
- MARK COLLINS
- PAUL COUCHMAN
- Robert Radcliffe
- Stephen Miller
- Suen Win Eric Duong
- Thomas Farquhar Gribbin
- Yuen Shing Edward Lai
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £1.2m | £1.4m |
| 31/12/2024 | £1.3m | £1.3m |
| 31/12/2023 | £1.0m | £1.1m |
| 31/12/2022 | £1.1m | £1.1m |
| 31/12/2021 | £966k | £967k |
Common questions
Is CORNERSTONE EVANGELICAL CHURCH financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves of £290,321 are within the stated policy target of £199,000 to £298,000. However, the charity reported a net deficit for the year, with unrestricted expenditure exceeding unrestricted income. The trustees acknowledge that current expenditure levels cannot be sustained with current income and plan to implement spending pauses in 2026 to return to reserves policy compliance. Its FY2025 accounts were audited by TC Group.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE DEO GLORIA TRUST | 1 | £10k |
| GOSPEL PARTNERS TRUST | 1 | £3k |
Charities like this
- THE CORNERSTONE WORKS LTD
- CORNERSTONE CHRISTIAN LEADERSHIP CENTRE
- CORNERSTONE CHURCH BRIGHOUSE
- Cornerstone Bath
- CORNERSTONE CHURCH, BOURNEMOUTH
- CORNERSTONE CHURCH (ST ALBANS)
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CORNERSTONE EVANGELICAL CHURCH | £1.2m | — | 0 | unclear | — | no doubt |
| THE CORNERSTONE WORKS LTD | £498k | — | 0 | above | — | no doubt |
| CORNERSTONE CHRISTIAN LEADERSHIP CENTRE | £122k | — | 0 | below | — | no doubt |
| CORNERSTONE CHURCH BRIGHOUSE | £254k | — | 0 | unclear | — | no doubt |
| Cornerstone Bath | £151k | £47,532 | 1 | above | — | no doubt |
| CORNERSTONE CHURCH, BOURNEMOUTH | £126k | — | 0 | unclear | — | no doubt |