CORNERSTONE MUSIC
supports a programme throughout the year- major choral/orchestral works with amateur chorus performing to professional standards; with professional soloists and orchestra- professional chamber concerts and solo recitals- excellent talks about music of different periods illustrated with fine CD recordings- open to the public at low prices to ensure those with low incomes can benefit
Objects
(1) TO ADVANCE, IMPROVE, DEVELOP AND MAINTAIN PUBLIC EDUCATION IN, AND APPRECIATION OF, THE ART AND SCIENCE OF MUSIC IN ALL ITS ASPECTS BY ANY MEANS THE CHARITY TRUSTEES SEE FIT, INCLUDING THROUGH PRESENTATION OF PUBLIC CONCERTS AND RECITALS; (2) TO FURTHER SUCH CHARITABLE PURPOSE OR PURPOSES AS THE CHARITY TRUSTEES IN THEIR ABSOLUTE DISCRETION SHALL THINK FIT BUT IN PARTICULAR THROUGH THE MAKING OF GRANTS AND DONATIONS.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £1,761 for the year ended 31 December 2025, resulting in total net assets of £9,471. The trustees maintain a reserves policy targeting a minimum level sufficient to cover the £5,000 to £7,000 operating costs of a major concert. The financial statements were prepared on a going concern basis, relying on the continued support of the Music Director.
What the accounts disclose
“In 2023, the trustees resolved to pay £700 conducting fee to Adrian Boynton per major concert with retrospective effect, increased to £1000 for 2025. As at 31st December 2025, payment is outstanding for nine major concerts.” — page 5
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Trustee expenses policy and procedures
Trustees
- Dr David Chapmanchair
- Adrian Mark Miller Yardley
- Carol Joyce Chapman
- Dr Catherine Hampton
- Rev Margaret Ann Goodall
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £27k | £22k |
| 31/12/2024 | £16k | £18k |
| 31/12/2023 | £17k | £14k |
| 31/12/2022 | £9k | £7k |
| 31/12/2021 | £5k | £5k |
Common questions
Is CORNERSTONE MUSIC financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £1,761 for the year ended 31 December 2025, resulting in total net assets of £9,471. The trustees maintain a reserves policy targeting a minimum level sufficient to cover the £5,000 to £7,000 operating costs of a major concert. The financial statements were prepared on a going concern basis, relying on the continued support of the Music Director. Its FY2025 accounts were independently examined.