| The CST Corporate Trustee Limited |
| Registered number: |
11454313 |
| Balance Sheet |
| as at 31 December 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Current assets |
| Debtors |
4 |
|
1,392,920 |
|
|
1,380,579 |
|
| Creditors: amounts falling due within one year |
5 |
|
(1,165) |
|
|
(1,120) |
|
| Net current assets |
|
|
|
1,391,755 |
|
|
1,379,459 |
|
| Net assets |
|
|
|
1,391,755 |
|
|
1,379,459 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Profit and loss account |
|
|
|
1,391,755 |
|
|
1,379,459 |
|
| Trust's funds |
|
|
|
1,391,755 |
|
|
1,379,459 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Judith Miller |
| Director |
| Approved by the board on 16 July 2026 |
|
| The CST Corporate Trustee Limited |
| Notes to the Accounts |
| for the year ended 31 December 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. |
|
|
Provisions |
|
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
|
| 2 |
Trust's funds |
|
|
Funds held on deposit by HEBA on behalf of The CST Corporate Trustee Limited are restricted to those described in the Cannon Street Chapel, Birmingham, Trust Deed dated 11th April 1877 and the Charity Commission Scheme of 21st October 1970.
The HEBA (The Heart of England Baptist Association) debtor balance agrees to the audited financial statements of that entity. |
|
|
|
| 3 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Balance held by HEBA |
|
|
|
|
1,392,920 |
|
1,380,579 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Other creditors |
1,165 |
|
1,120 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Properties held on the Cannon Street Trust |
|
|
The Company's objects are specifically restricted to acting as and performing the office and duties of trustee of the Cannon Street Trust. As part of these duties The CST Corporate Trustee Ltd is responsible for the properties in trust. Funds generated from any sale of these properties are held for charitable purposes. The properties held on the Cannon Street Trust are: |
|
|
Name |
|
Details |
|
Birmingham Central Baptist Church |
Church building and land adjoining the car park. |
|
Cannon Street Memorial Baptist Church |
Church building Soho Road. |
|
Castle Bromwich Baptist Church |
Church building and 177 Brownfield Road. |
|
Church of the Redeemer |
Land and buildings at the west side of Monument Road. |
|
City Road Baptist Church |
Church building. |
|
People’s Chapel |
Land on the northwest side of Great King Street including Church building, and the North East side of Barr Street, including house. |
|
Small Heath Baptist Church |
Church building. |
|
Smethwick Baptist Church |
Church building. |
|
|
|
| 7 |
Other information |
|
|
The CST Corporate Trustee Limited is a private company limited by guarantee and consequently does not have share capital. Each of the members are liable to contributions not exceeding £1 towards the assets in the event of liquidation. Incorporated in England, its registered office is: |
|
480 Chester Road |
|
Sutton Coldfield |
|
B73 5BP |