CHRIST THE CORNERSTONE ECUMENICAL PARTNERSHIP
Financial health, per its FY2025 accounts
The charity reported a net deficit of £580 for the year, with unrestricted funds showing a deficit of approximately £12,000 due to planned giving being lower than expected. The trading subsidiary, Cornerstone Trading (MK) Limited, reported a profit of £49,984 and holds net assets of £43,002. The charity's accounts are unaudited, while the trading subsidiary is exempt from audit under small company provisions.
What the accounts disclose
“The financial statements in this report show that overall we have just about managed to balance our books this year, though our unrestricted funds show a deficit of around £12,000.” — page 15
“UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 FOR CORNERSTONE TRADING (MK) LIMITED” — page 2
Year-over-year changes
- Going concern: going-concern doubt noted (FY2024) → no going-concern doubt (FY2025).
Register events
- Received assets from another charity (25/10/2024)
Trustees
- CHERYL MONTGOMERYchair
- Ade Amos
- Dr Cathy Hampton
- Grace Hunting
- Monica Nzali Chatepa Nzima
- Pat Kyd
- Peter Cope
- Peter Steeds
- Rev Francis Higgins
- Rev George Mwaura
- Tabbie Macharia
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £130k | £131k |
| 31/12/2024 | £122k | £100k |
| 31/12/2023 | £0 | £0 |
Common questions
Is CHRIST THE CORNERSTONE ECUMENICAL PARTNERSHIP financially healthy?
The charity reported a net deficit of £580 for the year, with unrestricted funds showing a deficit of approximately £12,000 due to planned giving being lower than expected. The trading subsidiary, Cornerstone Trading (MK) Limited, reported a profit of £49,984 and holds net assets of £43,002. The charity's accounts are unaudited, while the trading subsidiary is exempt from audit under small company provisions. Its FY2025 accounts were audited by DKA Accounting Ltd.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE DEO GLORIA TRUST | 1 | £10k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. LUKE'S, WEST HOLLOWAY, LONDON | 1 | £143 |
Charities like this
- THE CORNERSTONE WORKS LTD
- Cornerstone Baptist Church
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- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST LUKE AND ST PETER
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRISTCHURCH HOLY TRINITY
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARK, BILTON