THE CORNERSTONE WORKS LTD
The charity exists to contribute to the advancement of the Christian religion through providing support to other organisations working to advance the Christian faith, providing relief of need, enabling community development and the relief and prevention of poverty.
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds increased to £4,703,171, driven by a surplus of £368,775 from rental income and donations. The trustees report the charity is in a stable position with adequate resources to continue operations, noting that reserves are largely held in investment properties.
What the accounts disclose
“Reserves are maintained in order to meet the day to day operating requirements of the charity, and are represented largely by capital assets in the form of investment properties which are applied for charitable purposes. Any surplus reserves are accumulated for further property acquisitions.” — page 5
Property (HM Land Registry)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2025 | £498k | £129k |
| 31/10/2024 | £259k | £116k |
| 31/10/2023 | £172k | £92k |
| 31/10/2022 | £159k | £93k |
| 31/10/2021 | £336k | £77k |
Common questions
Is THE CORNERSTONE WORKS LTD financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds increased to £4,703,171, driven by a surplus of £368,775 from rental income and donations. The trustees report the charity is in a stable position with adequate resources to continue operations, noting that reserves are largely held in investment properties. Its FY2025 accounts were audited by Thomas & Young Limited.
Who funds THE CORNERSTONE WORKS LTD?
Funders whose own accounts filings name THE CORNERSTONE WORKS LTD as a grant recipient include THE DEO GLORIA TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE DEO GLORIA TRUST | FY2025 | £5k | |
| THE DEO GLORIA TRUST | FY2024 | £5k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| GOSPEL PARTNERS TRUST | 1 | £3k |
Charities like this
- CORNERSTONE EVANGELICAL CHURCH
- THE CORNERSTONE CHURCH GROUP
- CORNERSTONE CHURCH, BOURNEMOUTH
- CORNERSTONE CHRISTIAN LEADERSHIP CENTRE
- CORNERSTONE (NORTH EAST) ADOPTION AND FOSTERING SERVICE
- CORNERSTONE CHURCH (ST ALBANS)
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE CORNERSTONE WORKS LTD | £498k | — | 0 | above | — | no doubt |
| CORNERSTONE EVANGELICAL CHURCH | £1.2m | — | 0 | unclear | — | no doubt |
| THE CORNERSTONE CHURCH GROUP | £226k | — | 0 | unclear | — | no doubt |
| CORNERSTONE CHURCH, BOURNEMOUTH | £161k | — | 0 | unclear | — | no doubt |
| CORNERSTONE CHRISTIAN LEADERSHIP CENTRE | £122k | — | 0 | below | — | no doubt |
| CORNERSTONE (NORTH EAST) ADOPTION AND FOSTERING SERVICE | £1.2m | — | 0 | unclear | — | no doubt |