CHRIST THE CORNERSTONE ECUMENICAL PARTNERSHIP
Religion
Objects
TO ADVANCE THE CHRISTIAN FAITH IN ACCORDANCE WITH THE PRINCIPLES AND PRACTICE OF THE PARTICIPATING DENOMINATIONS IN THE AREA OF BENEFIT. IN FURTHERANCE OF THIS OBJECT, BUT NOT OTHERWISE, THE LEP MAY ENGAGE IN A RANGE OF ACTIVITIES, EITHER ON ITS OWN OR WITH OTHERS, INCLUDING, BUT NOT RESTRICTED TO:A. THE CELEBRATION OF PUBLIC WORSHIP IN ACCORDANCE WITH THE DOCTRINES, PRACTICES AND TRADITIONS SET OUT IN THE PARTNERSHIP AGREEMENT ENTERED INTO BY THE PARTICIPATING DENOMINATIONS;B. THE TEACHING OF THE CHRISTIAN FAITH;C. MISSION AND EVANGELISM;D. PASTORAL WORK, INCLUDING VISITING THE SICK AND THE BEREAVED; ANDE. THE PROVISION OF FACILITIES WITH A CHRISTIAN ETHOS FOR THE LOCAL COMMUNITY, INCLUDING, (BUT NOT RESTRICTED TO) THE ELDERLY, THE YOUNG AND OTHER GROUPS WITH SPECIAL NEEDS.TO ADVANCE THE CHRISTIAN FAITH IN ACCORDANCE WITH THE PRINCIPLES AND PRACTICES OF THE PARTICIPATING DENOMINATIONS BY MAKING GRANTS TO ORGANISATIONS IN THE UK AND OVERSEAS.
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).
Policies the charity declares
- Complaints policy and procedures
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Paying staff
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Volunteer management
Register events
- Received assets from another charity (25/10/2024)
Trustees
- CHERYL MONTGOMERYchair
- Ade Amos
- Carl Pinnock
- Dr Cathy Hampton
- Grace Hunting
- Jonathan Walls
- 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?
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. Its FY2025 accounts were audited by DKA Accounting Ltd.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ADVANCE MOVEMENT UK | 1 | £20k |
| THE DEO GLORIA TRUST | 1 | £10k |
Charities like this
- THE CORNERSTONE WORKS LTD
- CORNERSTONE EVANGELICAL CHURCH
- CORNERSTONE (NORTH EAST) ADOPTION AND FOSTERING SERVICE
- CORNERSTONE CHURCH NEWCASTLE LIMITED
- Cornerstone Bath
- CORNERSTONE CHRISTIAN LEADERSHIP CENTRE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CHRIST THE CORNERSTONE ECUMENICAL PARTNERSHIP | £130k | — | 0 | below | — | no doubt |
| THE CORNERSTONE WORKS LTD | £498k | — | 0 | above | — | no doubt |
| CORNERSTONE EVANGELICAL CHURCH | £1.2m | — | 0 | unclear | — | no doubt |
| CORNERSTONE (NORTH EAST) ADOPTION AND FOSTERING SERVICE | £1.2m | — | 0 | unclear | — | no doubt |
| CORNERSTONE CHURCH NEWCASTLE LIMITED | £215k | — | — | below | — | no doubt |
| Cornerstone Bath | £151k | £47,532 | 1 | above | — | no doubt |