Cornerstone Community Church (Wales)
The Trustees have established the Bible College along the lines of the one that Rees Howells had established back in 1924, with the inaugural class in Autumn 2015. The Trustees have also started a prayer and intercession ministry. The Heritage Centre seeks to preserve the work, prayer life and testimonies of Mr Rees and Samuel Howells especially during the war years. Residential and hostel facilities are now open for individuals and teams’ retreats.The Trustees also acquired the Pisgah Chapel on a 50-year lease to restore it for the purpose of prayer and worship.
Revenue
£452k
▲ +29.1% vs prior ~12m period
Profit after tax
£8k
Margin 1.7%
Employees
6
▲ +20.0% vs prior ~12m period
Net assets
£115k
Total assets £151k
Financial history
Revenue by accounting period
3 periods available · ▲ growth ▼ decline
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Dec 2023 | £452k | ▲ +29.1% | £8k | 6 | £115k |
| 31 Dec 2022 | £350k | ▲ +61.4% | -£11k | 5 | £108k |
| 31 Dec 2021 | £217k | — | -£9k | 5 | £118k |
Latest available figures
Period ending 31 Dec 2023. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
These are the most recent accounts available to us; more recent accounts may exist at Companies House.
Profit & loss
- Revenue
- £452k
- Gross profit
- £452k
- Operating profit
- £8k
- Profit before tax
- £8k
- Profit after tax
- £8k
Balance sheet
- Total assets
- £151k
- Cash
- £69k
- Total liabilities
- £35k
- Net assets
- £115k
- Revenue per employee
- £75k
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