CORNERSTONE MINISTRIES

Registered charity 1154126 · accounts filings on the Charity Commission register

TO ADVANCE CHRISTIAN RELIGION IN SURREY AND ELSEWHERE IN THE UK AND IN SUCH OTHER PLACE OR PLACES AS SHALL BE DECIDED UPON BY PROCLAIMING AND FURTHERING THE GOSPEL OF GOD CONCERNING HIS SON JESUS CHRIST OUR LORD AND THE PREACHING AND TEACHING OF THE UNCOMPROMISED WORD OF GOD.

Objects

THE CHARITY'S OBJECTS ('THE OBJECTS') ARE FOR THE PUBLIC BENEFIT AND ARE RESTRICTED TO THE FOLLOWING:(A) TO ADVANCE THE CHRISTIAN FAITH IN ACCORDANCE WITH THE STATEMENT OF BELIEFSIN THE SCHEDULE HERETO ATTACHED IN SUCH PARTS OF SURREY, 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;(B) TO RELIEVE FAMILIES AND INDIVIDUALS WHO ARE IN CONDITIONS OF NEED, FINANCIAL HARDSHIP OR SICKNESS AND WHO MAY BE AGED AND TO RELIEVE THE DISTRESS CAUSED THEREBY IN THE SAID LOCATION AND IN SUCH OTHER PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES MAY FROM TIME TO TIME THINK FIT INCLUDING BUT NOT BY WAY OF LIMITATION THROUGH THE PROVISION OR ASSISTANCE IN SUPPLYING BASIC NECESSITIES, ADVICE OR OTHER CONTRIBUTION WHICH MAY EASE THEIR SUFFERING;(C) TO PROVIDE OR ASSIST IN THE PROVISION OF FACILITIES IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATION OR OTHER LEISURE TIME OCCUPATION OF INDIVIDUALS WHO HAVE NEED OF SUCH FACILITIES BY REASON OF THEIR YOUTH, AGE, INFIRMITY OR DISABILITY, FINANCIAL HARDSHIP OR SOCIAL CIRCUMSTANCES WITH THE OBJECT OF IMPROVING THEIR CONDITIONS OF LIFE.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · The Prevention Or Relief Of Poverty · Religious Activities · website · Get email alerts

Latest income
£322k
Latest spending
£424k
Registered
2013
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net outgoing resource of £102,398 for the year, resulting in a decrease in unrestricted fund balances from £178,796 to £76,398. Per the trustees' report, the charity maintains a reserves policy target of three to six months' expenditure, and the trustees consider the current level of reserves to be appropriate for its circumstances.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: between three and six month’s expenditure (held: £76k)
“It is the policy of the charitable company that free unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: Mrs L Demetriou (Secretary) was paid £18,000; Rev C Demetriou (Pastor) was remunerated £40,728.
“During the year Mrs L Demetriou was paid £18,000 (2024: £18,000) under a contract of employment for her services. Under the contract of employment Rev C Demetriou was remunerated a gross amount of £40,728 (2024: £40,728) for his services.” — page 18
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: 15
“During the year Mrs L Demetriou was paid £18,000 (2024: £18,000) under a contract of employment for her services. Under the contract of employment Rev C Demetriou was remunerated a gross amount of £40,728 (2024: £40,728) for his services.” — page 18
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (1 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook · instagram

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Surrey

Income and spending

Financial year endIncomeSpending
31/03/2025£322k£424k
31/03/2024£293k£447k
31/03/2023£272k£395k
31/03/2022£251k£387k
31/03/2021£196k£385k

Common questions

Is CORNERSTONE MINISTRIES financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net outgoing resource of £102,398 for the year, resulting in a decrease in unrestricted fund balances from £178,796 to £76,398. Per the trustees' report, the charity maintains a reserves policy target of three to six months' expenditure, and the trustees consider the current level of reserves to be appropriate for its circumstances. Its FY2025 accounts were independently examined.