CORNERSTONE MINISTRIES
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.
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.
What the accounts disclose
“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
“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
“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
Policies the charity declares
- Complaints handling
- Conflicting interests
- 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
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Property (HM Land Registry)
Trustees
- James Alexander Measures
- ROBERT TASKER ANDREWS
- Thomas Inglis
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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.