CORD GLOBAL

Charity Number: 1070684
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

Cord's vision is a of a world where all people live in the fullness of peace; having the freedom to flourish and live free from fear. Our mission is to transform dysfunctional relationships between individuals and communities and those holding power into positive and thriving relationships built on mutual dependency and trust.

Income and expenditure

Data for financial year ending 31 December 2023

Total income:
£1,966,664

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Donations and legacies £337.67k
Charitable activities £1.60m
Other trading activities £1.04k
Investments £917
Other £22.06k

Total expenditure:
£1,677,585

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Raising funds £112.63k
Charitable activities £1.56m
Other £0

-£28,327 investments gains (losses)

Total income includes £3,929 from 1 government grant(s)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

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Raising funds and other expenditure £112.63k
Charitable expenditure £1.56m
Retained for future use £289.08k

People

28 Employee(s)

5 Trustee(s)

Employees with total benefits over £60,000

No employees have total benefits over £60k for this charity

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • Education/training
  • The Prevention Or Relief Of Poverty
  • Economic/community Development/employment
  • Human Rights/religious Or Racial Harmony/equality Or Diversity
  • Other Charitable Purposes
Who the charity helps:
  • Children/young People
  • People With Disabilities
  • People Of A Particular Ethnic Or Racial Origin
  • Other Charities Or Voluntary Bodies
  • Other Defined Groups
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Organisations
  • Provides Human Resources
  • Provides Services
  • Provides Advocacy/advice/information
  • Acts As An Umbrella Or Resource Body
  • Other Charitable Activities
Where the charity operates:
  • Coventry City
  • Warwickshire
  • Burma
  • Burundi
  • Cambodia
  • Laos
  • Vietnam

Governance

Registration history:
  • 24 July 1998: Standard registration
Organisation type:
Charitable company
Other names:
  • CORD (Working name)
  • CHRISTIAN OUTREACH (Previous name)
  • CHRISTIAN OUTREACH LIMITED (Previous name)
  • CHRISTIAN OUTREACH LIMITED LEAMINGTON SPA (Previous name)
Company number:
03566119 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Land and property:
This charity does not own and/or lease land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

5 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Katherine Frances Brealey Chair 17 February 2019
None on record
Abigail Kerrera Juliet Sumption Trustee 11 May 2022
None on record
Robin Carl Greenwood Trustee 14 December 2021
None on record
Rebecca Ann Snead Trustee 19 November 2021
KNOW YOUR WORTH
Received: On time
Iain Sinclair Wilson Trustee 01 July 2021
SOUTHAM CHURCH AND COMMUNITY PROJECT LTD
Received: On time

Financial history

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Financial period end date

Income / Expenditure 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Total gross income £1.74m £1.37m £1.56m £1.48m £1.97m
Total expenditure £1.47m £1.68m £1.59m £1.54m £1.68m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants £168.68k £18.19k £3.44k £3.92k £3.93k
Income - Donations and legacies £248.50k £337.98k £277.99k £269.71k £337.67k
Income - Other trading activities £3.08k £1.50k £1.82k £1.73k £1.04k
Income - Charitable activities £1.44m £1.01m £1.25m £1.20m £1.60m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £924 £1.01k £912 £449 £917
Income - Other £54.29k £15.27k £34.24k £9.36k £22.06k
Income - Legacies £11.62k £29.11k £13.37k £35.78k £50.98k
Expenditure - Charitable activities £1.40m £1.58m £1.49m £1.44m £1.56m
Expenditure - Raising funds £61.82k £102.39k £95.63k £98.97k £112.63k
Expenditure - Governance £12.14k £12.37k £5.91k £6.00k £5.71k
Expenditure - Grants institution £442.78k £555.66k £422.46k £281.37k £361.69k
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £1.15k £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Own use assets £35.75k £28.53k £19.66k £47.41k £38.83k
Long-term investments £0 £0 £0 £0 £0
Other assets £1.37m £1.12m £1.04m £962.35k £1.21m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £61.01k £95.10k £89.76k £73.70k £47.14k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 December 2023 21 October 2024 On Time
Accounts and TAR 31 December 2023 21 October 2024 On Time Download Open in new window
Annual return 31 December 2022 30 June 2023 On Time
Accounts and TAR 31 December 2022 30 June 2023 On Time Download Open in new window
Annual return 31 December 2021 07 October 2022 On Time
Accounts and TAR 31 December 2021 07 October 2022 On Time Download Open in new window
Annual return 31 December 2020 21 July 2021 On Time
Accounts and TAR 31 December 2020 21 July 2021 On Time Download Open in new window
Annual return 31 December 2019 01 September 2020 On Time
Accounts and TAR 31 December 2019 01 September 2020 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES INCORPORATED 18/05/1998 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 20/11/1998 AS AMENDED BY CERTIFICATE OF INCORPORATION ON CHANGE OF NAME DATED 12/01/1999 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 16/05/2009 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 09/07/2009 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 01/07/2011 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 13/07/2012 AS AMENDED BY CERTIFICATE OF INCORPORATION ON CHANGE OF NAME DATED 11 JUN 2016 as amended on 09 Jan 2025 as amended on 09 Jan 2025

Charitable objects

In accordance with Christian principles and as an expression of the Christian faith: 3.1.1 to advance peace and reconciliation among people anywhere in the world, by means including (but not limited to) building relationships, training and equipping and creating spaces for dialogue; 3.1.2 to prevent and relieve poverty among people anywhere in the world by means including (but not limited to) addressing inequalities, advancing fundamental freedoms, creating sustainable income, and building climate resilience; and 3.1.3 to further such other purposes which may be charitable according to the law of England and Wales as the trustees see fit from time to time.

Area of benefit

The area the charity can operate in, as set out in its governing document.

WORLDWIDE

Contact information

Address:
Cord
Enterprise House (Office G7)
Foleshill Enterprise Park
Courtaulds Way
COVENTRY
CV6 5NX
Phone:
02477087777
Email:
info@cord.org.uk
Website:

www.cord.org.uk Open in new window