CORNERSTONE CHURCH GRAYS
The advancement of the Christian faith in accordance with the attached Statement of Faith, primarily, but not exclusively, within Grays, Essex and the surrounding neighbourhood; and such other charitable purposes as shall, in the opinion of the charity trustees, put into practice the Christian faith in accordance with the Statement of Faith,
Objects
3.1 THE PURPOSES OF THE CIO ARE:3.1.1 THE ADVANCEMENT OF THE CHRISTIAN FAITH IN ACCORDANCE WITH THE ATTACHED STATEMENT OF FAITH, PRIMARILY, BUT NOT EXCLUSIVELY, WITHIN GRAYS, ESSEX AND THE SURROUNDING NEIGHBOURHOOD; AND3.1.2 SUCH OTHER CHARITABLE PURPOSES AS SHALL, IN THE OPINION OF THE CHARITY TRUSTEES, PUT INTO PRACTICE THE CHRISTIAN FAITH IN ACCORDANCE WITH THE STATEMENT OF FAITH, INCLUDING BUT NOT LIMITED TO: THE PREVENTION AND RELIEF OF NEED, HARDSHIP AND SICKNESS; THE ADVANCEMENT OF EDUCATION; AND 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;PROVIDED THAT THE ADVANCEMENT OF SUCH PURPOSES MUST BE UNDERTAKEN IN A MANNER THAT IS CONSISTENT WITH THE RULES AS MAY BE ADOPTED AND AMENDED BY THE CHARITY TRUSTEES FROM TIME TO TIME.
Financial health, per its FY2025 accounts
The accounts state that the charity ended the year with a surplus, as actual income exceeded actual expenditure. The trustees report that costs were slightly lower than anticipated, although there were overspends related to new technology and overseas mission support. The charity holds unrestricted funds totaling £63,313, which exceeds its stated policy target of three months' running costs.
What the accounts disclose
“Cornerstone Church will aim to keep reserves equivalent to 3 month's running costs.” — page 5
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- Rev Michael Roy Waltonchair
- Eileen Elizabeth Kelly
- Jill Brock
- Karl Francis Newman
- Leslie John Brock
- Marius Schultz
- Paula Ann Newman
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £48k | £42k |
| 30/06/2024 | £44k | £41k |
| 30/06/2023 | £41k | £34k |
| 30/06/2022 | £40k | £30k |
| 30/06/2021 | £65k | £27k |
Common questions
Is CORNERSTONE CHURCH GRAYS financially healthy?
Per its FY2025 accounts: The accounts state that the charity ended the year with a surplus, as actual income exceeded actual expenditure. The trustees report that costs were slightly lower than anticipated, although there were overspends related to new technology and overseas mission support. The charity holds unrestricted funds totaling £63,313, which exceeds its stated policy target of three months' running costs. Its FY2025 accounts were independently examined.