CAPSTONE CHURCH
The main objective of the charity is to advance the christian faith and also provide community support in the form of relieving sickness and financial hardship amongst other things. Examples of activities carried out include Free Easter Weekend Events,Free Christmas Events, Outreach Programmes giving free lunch and provisions to the community, holding weekly prayer meetings and services.
Objects
A) TO ADVANCE THE CHRISTIAN FAITH IN ACCORDANCE WITH THE STATEMENT OF BELIEFS APPEARING IN THE SCHEDULE HERETO IN LONDON AND IN SUCH OTHER PARTS OF THE UNITED KINGDOM OR THE WORLD ASTHE DIRECTORS OF THE CHARITY (HEREIN CALLED "THE TRUSTEES") MAY FROM TIME TO TIME THINK FITAND TO FULFIL SUCH OTHER PURPOSES WHICH ARE EXCLUSIVELY CHARITABLE ACCORDING TO THE LAW OFENGLAND AND WALES AND ARE CONNECTED WITH THE CHARITABLE WORK OF THE CHARITY;B) TO RELIEVE SICKNESS AND FINANCIAL HARDSHIP AND TO PROMOTE AND PRESERVE GOOD HEALTH BY THEPROVISION OF FUNDS, GOODS OR SERVICES OF ANY KIND, INCLUDING THROUGH THE PROVISION OFCOUNSELLING AND SUPPORT IN SUCH PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEESFROM TIME TO TIME MAY THINK FIT.
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds decreased by £47,184 to £1,214,589 due to net expenditure exceeding incoming resources. The charity holds significant unrestricted reserves relative to its annual expenditure, indicating strong financial stability. No material uncertainties or going concern issues were disclosed.
What the accounts disclose
“During the year unrestricted donations totalling £NIL(2023:£NIL were donated by trustees and related parties.” — page 16
Policies the charity declares
- Complaints handling
- Conflicting interests
- Internal charity financial controls policy and procedures
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Property (HM Land Registry)
Trustees
- PREETHY KURIANchair
- Georgian Assenov Banov
- SAIRA GEORGE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £429k | £476k |
| 31/12/2023 | £411k | £523k |
| 31/12/2022 | £387k | £365k |
| 31/12/2021 | £402k | £329k |
| 31/12/2020 | £402k | £300k |
Common questions
Is CAPSTONE CHURCH financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds decreased by £47,184 to £1,214,589 due to net expenditure exceeding incoming resources. The charity holds significant unrestricted reserves relative to its annual expenditure, indicating strong financial stability. No material uncertainties or going concern issues were disclosed. Its FY2024 accounts were independently examined.
Charities like this
- HAPPY CHURCH - THE CHRISTIAN ACTION FAITH MINISTRIES
- THE REDEEMED CHRISTIAN CHURCH OF GOD NEW WINE ASSEMBLY
- LONDON INTERNATIONAL CHRISTIAN CHURCH
- CENTRAL CHURCH TORQUAY
- Ashton Community Charity
- REDEEMED CHRISTIAN CHURCH OF GOD ('RCCG') VICTORY HOUSE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CAPSTONE CHURCH | £429k | — | 0 | unclear | — | no doubt |
| HAPPY CHURCH - THE CHRISTIAN ACTION FAITH MINISTRIES | £491k | — | 0 | unclear | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD NEW WINE ASSEMBLY | £153k | — | 0 | unclear | — | no doubt |
| LONDON INTERNATIONAL CHRISTIAN CHURCH | £1000k | — | 0 | unclear | — | noted |
| CENTRAL CHURCH TORQUAY | £140k | — | 0 | unclear | — | no doubt |
| Ashton Community Charity | £51k | — | 0 | unclear | — | no doubt |