Cornerstone Church Swansea
Activities of religious organizations · Swansea
ActiveUnited KingdomIncorporated 2008Private, Limited by guarantee, no share capital, use of 'Limited' exemption
Financial position
Accounts to 2026-01-31 · GBP · Company accounts
Net assets
£1,292,074
Cash
£178,353
Turnover
—
Profit / loss
—
Current assets
£305,991
Creditors < 1 year
£21,877
Equity
£1,292,074
Average employees
5
Balance-sheet trend
GBP · companyFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2026-01-31Company · AI-read | 2025-01-31Company · AI-read |
|---|---|---|
| Balance sheet | ||
| Net assets | £1,292,074 | £1,251,962 |
| Equity | £1,292,074 | £1,251,962 |
| Assets | ||
| Fixed assets | £1,007,960 | £1,019,298 |
| Property, plant & equipment | £1,007,960 | £1,019,298 |
| Current assets | £305,991 | £277,954 |
| Cash at bank | £178,353 | £177,081 |
| Debtors | £49,342 | £25,873 |
| Liabilities | ||
| Creditors within one year | £21,877 | £45,290 |
| Net current assets | £284,114 | £232,664 |
| Profit & loss | ||
| Interest receivable | £6,371 | £5,747 |
| Operating costs | ||
| Depreciation | £15,263 | £15,798 |
| People & pay | ||
| Average employees | 5 | 5 |
| Staff costs | £161,665 | £156,740 |
| Wages & salaries | £130,944 | £136,239 |
| Social security costs | £17,161 | £7,559 |
| Pension costs | £13,560 | £12,942 |
| Source evidence | View filing | View filing |
From the accounts
What the accounts for 2026-01-31 say about themselves, read by AI from the scanned filing.
- The year
- The charity's balance sheet shows a healthy position with Unrestricted Funds totalling £1,270,539 and Restricted Funds totalling £21,535. Incoming resources during the year were £343,640 of which £29,740 was restricted. The resources expended during the year totalled £303,528 of which £289,964 was spent on direct charitable objectives, £13,584 was spent on support costs. This has resulted in net incoming resources of £40,112.
- Audit
- Small company audit exemption (s477)
- Accounts
- Small company
- Approved
- 2026-07-22, signed by Mrs J T Pece
Related parties (4)
- Cymru Leadership Trust · A charity of which A.Day and J.T.Pe ce are trustees · Donation made to the trust during the year · £25,500 (2025 £25,500)
- Trustees · Trustees · Donations made to the charity · £21,623 (2025 £21,600)
- Other key management · Key management · Donations made to the charity · £11,962 (2025 £11,732)
- Cymru Leadership Trust · A charity which A.Day and J.T.Pe ce are trustees · Balance owed included in other creditors · £3,903 (2025 £5,990)
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
1 outstanding chargesProperty · created 2012-10-22
£250,000.00 DUE OR TO BECOME DUE
Outstanding