Registered Charity Number: 1131352
Charitable IncO￿Orated Organisation
THE APEX CHURCH
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED
31 MARCH 2025

THE APEX CHURCH
RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025
CONTENTS
PAGE
Trustees, Annual Report
Independent Examiners Report
Receipts and Payments Account
Statement of Assets and Liabilities

THE APEX CHURCH
RECEIPTS AND PAYMENTSACCOUNT FOR THE YEAR ENDED 31 MARCH 2025
TRUSTEES, ANNUAL REPORT
REFERENCE AND ADMINISTRATION DEfAILS
Th6 principa5 address of the charfty 15:.
13 Pine Tree Close
Isle of Wghl
P0318DX
Names ofthe trustee5 who managed the charity duting thg year wern:
itchell Anderson (resigned May 2024)
Richard Gan
Jillian Groves
Ithichael Groves
Ashky Hood
Aan Sansom
Mark Thornett (resigned 21J11r20241
Elizabelh James lapp(xnled Jan 2025}
Place ofworship
st Failh's Churdl
st Faith's Road
Cowes
Isle of Wghl
P0317HH
Church Elde
Ashley Hood
Bankers
HSBC
101 Sl James Street
Neyoort
Isle of Wuhl
P030 1HX
Independent Examlner
Moore {Soulhl LLP
9 St Johns Pla
Newport
Isle of Wght
P030 1 LH
STRUCTUR& GOVERNANCE AND MANAGEMENT
The Chartty is registered as a Charitable Incotporated Organisation (CIO) under charity number 1131352, and was regi%lered
with Ihe Charity Commission on 25 Aug¥Jst 2009. The Charitable Company. having p￿viOuS￿￿ been register&J with Companies
House under number C￿971(62 was converted lo a CIO on 29 C*cember 2021. and the company record was ck)sed.
The chaiiy has one Elder Iwho i% also a Iw5teeJ plus five other Trustw. are ksted above.
The Church is affiliated to Regons Beyond Famty of churths. and ts a member Off￿ Evangelical Allian￿.
Trustees are selecled on the basis of their skils. and w1￿)gneSS to voiunteer to seNe in Ihe role. Traviing for Ihe Trustee5 1$
both provided. and ongoing.
OBJECTNES
The charitable ot4eclNes of the charrty a5 set out in the C(￿41tu1*)n are:
(A) To advance th8 Christian Faith on the Isle of I￿￿h1 and in such 0￿r paits of the United lfjngdom OT the World as the
Trustees may from lime to time think frt lo fulfil such olher pU￿•se$ wthich a￿ exclusNety charitable in accordan
th the law of EnglaThl and Wales and are conneded TrAryih the tharitable wotk of the tharity.
(B) To relEve sicknes5 and finanaal hardshrp and lo promote and p￿SerVe good heatth by the provk%￿n of funds. goods or
serves of any kind. includiry through the promision otc0unsellm￿ and support in suth parts ol the Uniled IQ.n￿0M or the
wortd as the Trustee5 from tsme lo b.me may think fft.
(C) To provide faci￿treS for recreattonal and other leisure time occupation in the Inte￿$ts of social welfare for persons wh)
have need ty reason of their youih, povety. or social and e￿nOmiC ctrcumslancEs wilh the object of improving their
conditions of lrfe on Ihe Isle of Wght. arnl in such other parts of the UnRed Kiwdom orthe worbj as the Trustees may frc4n
time lo time th￿k fit.

THE APEX CHURCH
RECEIPTS AND PAYMENTSACCOUNT FOR THE YEAR ENDED 31 MARCH 2025
TRUSTEES, ANNUAL REPORT (conllnued)
ACTIVITIES AND ACHIEVEMENTS
The main activities of the charity a￿ in relation lo Chri5trdn worship aiKI ouireach. The charity avns to sem the local (x)mmunity and
y￿der. lo relive sickness and finanoal hardshi) wh151 preseThing good heatth S￿la[ weware.
The church continues wth mi&week activibes for carers. toddlers and senio
The Trust￿$ confimi that they have had regard lo the gu¥Jance issued by the Chaiity Comm5SSkin in respect of public benefit.
t￿ring the period Ihe Church has maffitained fegulargifts to the ftAlowing chaiilies:
Regrons Beyond
Isle of Wghl Slreet Pastois
Hope lor Tomorrow Gbjbal
Christians Against Povety
]Qngfisher Ministiies
The Chutch recetves contributions frcffi numetous chufch members and supp￿e￿ ar¥J five voluntary Trustees. plus one employed
Trustee who donated countless hours oftvne wlhout charge serving the chu￿. the loea and wwjercommunittes.
Reaching our local community. Weekty thopln coffee moming catels for mainty ehjerty folk who INe alone. We invite a wide range
olspeakers. forexample bxal community servKes. AgeUK Blue Lamp Twust. IWASP. ￿u￿le band. Food bank. local history experts.
Bridges ran 2 x 6-week courses'cooking on a BudgeL'
The mobde Food Panty uses the Mission Hall on Monday mornings. Cowe5 Centre used the haH for 2 x Health & Wellbeing
popup clnKs.
Community events. Dec 24 Christmas Celebrations atlr8cled Visiior5. Love lane Pr￿￿￿1 used the premises foi their Christmas
Nativty and graduat￿ll. Pe￿nacUltUre Garden￿￿ c￿rse use ￿ H
FINANCIAL REVIEW AND RESERVES POL
The Charity converted from a Chaiilable company regulaied by both company and charity law to a CIO on 29 December 2021, and
as a result the financial statements have now be￿ prepared on a receipts aThJ payments basis.
thjring the period the Church g￿rated a De￿ on funds of £758 (2024- Surplus ot£9.675}. Closing bank and cash fijnds were
stated at £22,60512024 - £23.3631. The Church has a carry foNMrd on the reStr￿t￿j fund of £4.715 {2024 - £NIL re Household
Support}. In addIt￿n lo the bank and cash ￿￿1$. the Chatity owns the property from whtch l is based in Cowes. Gift aKI was clairned
in respect of the yearfs donatK)ns. vhjich was receivable al the year*rKt of £5.94312024- £3.138).
The charivs reseNe poty is to rnaintain reseNes (unresirirted funds ￿lch have Th)t been deS￿nated for use) at a level of
al least three and six monlh's expenditure. The Trustees rx)nsKlerthal reserves al thts level will ensure that in the event of a signifunl
drop in funding. that theywi]I be able loconlinue Ihe Church's Cul￿nI adivities whilst consKleration is giventoways wi which additi￿al
lunds may be raised.
RISKS
The TnBtees monilor the risks that the Chaiity farEs on an annual basis, al￿ poTh(ies are in place for safeguardir￿ vuknerable
thiklren and adults indud419 undertakFng DBS checks on voiunleers and staff, ensuring all aclivities are covered by iisk assessments.
This report was approved ty th8 Board ofTwstees and signed on their behawby.
l.oq.2OI
Dated

THE APEX CHURCH
RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025
INDEPENDENT EXAMINERS, REPORT TO THE TRUSTEES OF THE APEX CHURCH
Responsibllitles and basis of report
As Ihed)aWsbwsteesyou are respcrtIb￿ kntheFwbaralR)n ofVE ao))urts ￿ ￿NdaMe￿ththe rgW￿nenfS oflhecharitw 2011
Ad).
l in resFedofmy examrFal*Jn oflhe acc￿￿ cwr*d wt sed￿n 145 oftheAdand n Ca￿￿[￿j0￿ mYexam￿lat￿n I
have folk)wÈd al the appriCab￿ tireraions Ch*ity Crynm￿sTh ur¥Jers&lh)n 145(5)(b)
Independent examinerfs statsmgnt
I have comp￿ted my examwialion. I CLth thal no mthialThalt￿s have cL¥re to my *nbon in{￿neIth1￿￿h the ex*nnation me
useto bdteve thatin arymaterMI r
aemLmtirKJ recordsvue not kept ￿ ￿Spe1# of11￿ dwityas ￿Ulled itysgJwJn 130 clthe P4
report in ordertoena* a pr0FeruTrje￿W￿ clthe aco)wts to be
( L-¥U) Ld)
Kewn R Cooper BA FCA DChA
For and on behawof
Moore (South) LLP
Chartered Accountants
9 St John's Place
Neyoort
151e of Wight
P030 ILH
Dated l 0,1￿£)

THE APEX CHURCH
RECEIPTSAND PAYmENTSAccou￿r FOR THE YEAR ENDED 31 MARCH 2025
RECEIPTS AND PAYMENTS ACCOUNT
Unrestrlcted Restricted
Totsl Unrestricted Restricted
Total
Funds
Funds
Funds
Funds
Funds
Funds
3110312025 3110312025 3110312025
3110312024 3110312024 3110312024
RECEIPTS
Regular giving arKI donations
Grant Re￿[Vable
Other income
Investment income- bank interest
78.277
6,895
5.283
85.172
5.483
107.915
11,880
119.795
391
316
391
316
423
42
TOTAL RECEIPTS
79.382
12.178
91.560
108.622
11.880
120,502
cHA￿TABLE ACTMTIES
PAYMENTS
Gross salary costs
Staff pension costs
Upkeep of Se￿iceS
Church group expenses
Granls and donations- outreach
Regions Beyond
Hope for Tomorrow Glthal
other charities and gifts
Benevolent gifts and donations
conferen￿ travel and accommodation
Church njnning costs
Church utilities
Church maintenance
Church equipment additions
Support costs
Insurances
Phone and internet costs
Bank tharges
37.564
3.752
814
37.564
3,752
814
50.466
5,027
797
670
50,466
5.027
797
670
5.103
5.165
2.130
10.058
2,022
4,873
2.764
7.125
10.038
6.518
5.053
2.025
8.535
1.052
2.858
3.615
2.956
832
3.187
1.023
1.283
2.897
2.260
3.265
9.415
7.313
5.290
8.535
1.052
2.858
3.615
4.440
4.290
3.187
1.023
1.283
10.058
1.915
3,810
1.915
3.810
1.484
3.458
2,143
1.678
1.397
2.143
1.678
1.397
GOVERNANCE COSTS
TOTAL PAYMENTS
82.659
9.659
92.318
97,463
13.
110.827
NET SURPLUSI(DEFicrr)
OF INCOME OVER EXPENSES
{3.277)
2.519
(758)
11,159
(1.484)
9.675
Gross Transfer beiween fvnds
Net Movernent in funds
(5.473)
4.715
(758)
11,159
(1,484)
9.675
Cash funds at 1 April 2024
Cash funds at 31 March 2025
17.890
4,715
23.383
23,363

THE APEX CHURCH
RECEIPTSAND PAYMENTSACCOUNT FOR THE YEAR ENDED 31 MARCH 2025
STATEMENT OF ASSETS AND LIABIUTIES
Unrestricted Restricted
Total Unrestrlcted Restricted
Total
Funds
Funds
Funds
Funds
Funds
Funds
3110312025 3110312025 3110312025
3110312024 3110312024 3110312024
BANK AND CASH FUNDS
Cuffent account
Savings account
638
267
267
Totsl Bank and Cash funds
17.
4.715
23.363
23,363
OTHER ASSETS
Property
Gift aid receNable from HMRC
423,792
423.792
5.943
423.792
3.138
423.792
3.138
LIABILITIES
Accruals
4.715
450.780 448.793
448.793
The Church's property. Cowes. Isle of VNSgM Wds valued at £423.792 by Daniells Harrison. Chartered Surveyors in April
2021, on Ihe basis of depreciated replacEment cosL
The carry forward resI[￿ed fund of £4.715 relates to Household Supwrt (2024- £NIL).
The receipts and payment account. together wth the statejnent of assets and liabilities and notes, were approved by Ihe
Board of Trustees. and signed on their behalf by.
ei
21. tsfi.l￿L
Dated
J Groves - Trustee