| 8 

Apsley Hall Assembly, Receipts and Payments Accounts for the year ended 31 December 2022 

## **Apsley Hall Assembly  ::  Receipts & Payment Account** 

_For year ended 31 December 2022_ 

|**Section A : Receipts & Payments**|||||||||
|---|---|---|---|---|---|---|---|---|
|||**Unrestricted**||**Restricted**|**Total**|**_2021_**||**_Further_**|
|**A1. Receipts**||**Funds**||**Funds**|**Funds**|**_as restated_**||**_Details_**|
|Voluntary donations||10|395|56 391|66 786|63|828|_D1_|
|Fees received||1|646|–|1 646|1|755||
|Bank interest|||195|45|240||10|_D2_|
|Dividends on investments|||382|46|428||263|_D3_|
|Other income|||–|–|–||–||
|**Subtotal**||**12**|**618**|**56 482**|**69 100**|**65**|**856**||
|**A2. Asset & investment sales**|||**–**|**–**|**–**||**–**|_D9_|
|**Total receipts**||**12**|**618**|**56 482**|**69 100**|**65**|**856**||
|**A3. Payments**|||||||||
|Assembly activities||4|567|300|4 867|3|236|_D4_|
|Upkeep of premises||5|375|–|5 375|3|423|_D5_|
|Repairs and renewals||4|345|–|4 345||700|_D6_|
|Gifts made|||400|58 134|58 534|58|205|_D7, D8_|
|Sundries|||–|–|–||355||
|Administration & Finance|||213|–|213||226||
|Governance|||350|–|350||–||
|**Subtotal**||**15**|**250**|**58 434**|**73 684**|**66**|**145**||
|**A4. Asset & investment purchases**|||**202**|**–**|**202**||**422**|_D9_|
|**Total payments**||**15**|**452**|**58 434**|**73 886**|**66**|**567**||
|**Net of receipts/(payments)**||**(2 834)**||**(1 952)**|**(4 786)**|**(711)**|||
|**A5. Transfers between funds**|||–|–|–||–||
|**A6. Cash funds last year end**||_19_|_088_|_7 645_|_26 733_|_27_|_444_||
|**Cash funds this year end**||**16**|**254**|**5 693**|**21 947**|**26**|**733**||
|**Section B : Statement of assets and liabilities at the end of the period**|||||||||
|**B1. Cash Funds**|||||||||
|Current Accounts|||548|2 059|**2 607**|_5_|_126_||
|Epworth Cash Plus Fund for Charities||15|706|3 634|**19 340**|_21_|_607_||
|**Total**||**16**|**254**|**5 693**|**21 947**|_26_|_733_||
|**B2. Other monetary assets**|||||||||
|Tax to be claimed|||13|3|**16**||_–_||
|Gas prepaid||2|654|–|**2 654**||_–_||
|**Total**||**2**|**667**|**3**|**2 670**||**_–_**||
|**B3. Investment Funds**||||||||_D3, D9_|
|Epworth Investment Funds||19|590|2 748|**22 338**|_28_|_453_||
|NI Central Investment Fund for Charities||11|462|6 777|**18 239**|_20_|_168_||
|**Total**||**31**|**052**|**9 525**|**40 577**|_48_|_621_||
|**B4. Assets retained for church’s own use**|||||||||
|Building||395|000|–|**395 000**|_394_|_494_||
|Fixtures and fittings||30|000|–|**30 000**|_30_|_000_||
|**Total**||**425**|**000**|**–**|**425 000**|_424_|_494_||
|**B5. Liabilities – Planned expenditure**|||||||||
|Friends of Africa Missionary Endeavour|||–|–|–||_500_||
|Romania youth camp project|||–|–|**–**||_500_||
|**TOTAL**|||**–**|**–**|**–**|**_1_**|**_000_**||
|Approved by the Trustees and Elders on|July 2023<br>21||||||||
|and signed on their behalf by Joshua Fitzhugh & Stephen Rogers|||||||||





| 9 

Apsley Hall Assembly, Receipts and Payments Accounts for the year ended 31 December 2022 

## **NOTES TO ACCOUNTS** 

## **C1.** 

The accounts have been prepared on a Receipts and Payments basis, so that income is only recorded in the accounts when it has been received, and payments when made. All amounts have been rounded to the nearest pound. The 2021 figures have been restated because the Epworth Cash Plus Fund for Charities has been classified as a Cash Fund, rather than an Investment Fund. 

The following funds are maintained: 

- _Assembly Fund_ is an unrestricted fund which is used for any charitable purpose, but mostly used for the costs of assembly activities and upkeep of premises. It is financed by freewill offerings from the second Sunday in each month. 

- _Youth Work Fund_ is an unrestricted fund designated for the costs of youth work. It is financed by occasional offerings and gifts, and transfers from the Assembly Fund, and an annual freewill offering in the autumn. 

- _Building Fund_ is an unrestricted fund designated for premises’ repairs and renewals. It is usually financed by designated gifts or transfers from the Assembly Fund. 

- _Relief Fund_ is a restricted fund which is used for emergency relief and the relief of poverty worldwide, including local food relief. It is financed by a weekly freewill offering. In addition, the freewill offering on the fourth and fifth Sundays of some months is for the Relief Fund or a designated relief organization or project. 

- _Mission Fund_ is a restricted fund for support of Christian mission work and the advancement of the Christian faith worldwide. It is financed by freewill offerings on the first and third Sundays of each month. In addition, the freewill offering on the fourth Sunday is usually for a designated mission organization. 

There were no endowment funds. 

## **C2. Grants** 

No grants were made during the year. 

## **C3. Trustee remuneration** 

No trustee received remuneration during the year. 

Indemnity insurance for Trustees’ and Officers’ liability is included as an integral part of the general church insurance policy. 

## **C4. Trustee expenses** 

No trustee expenses were incurred during the year. 

## **C5. Transactions with trustees and connected persons** 

Connected persons are those persons or entities that are closely connected to the reporting charity or its trustees and, among other persons and entities, includes: any trustee of the charity; and a child, parent, grandchild, grandparent, brother or sister of any such trustee, or spouse thereof. 

No transactions were undertaken with trustees or connected persons. 

## **C6. Other information** 

All assets are fully owned by the Assembly. They are valued according to their insured value. 

There is no ultimate controlling party. 



| 10 

Apsley Hall Assembly, Receipts and Payments Accounts for the year ended 31 December 2022 

## **ADDITIONAL ANALYSIS** 

|**D1.**Voluntary donations|**Unrestricted**<br>**Funds**|**Unrestricted**<br>**Funds**|**Restricted**<br>**Funds**|**Restricted**<br>**Funds**|**2022**<br>**Total Funds**|**2022**<br>**Total Funds**|<br>_2021_<br>_Total Funds_|<br>_2021_<br>_Total Funds_|<br>_2021_<br>_Total Funds_|
|---|---|---|---|---|---|---|---|---|---|
|||£||£||£||_£_||
|Weekly boxes||9 237|49|114|**58**|**351**||_45 602_||
|Other gifts||13|1|375|**1**|**388**||_12 553_||
|Gift Aid and Small Donations Scheme||1 145|5|902|**7**|**047**||_5 673_||
|**Total**||**10 395**|**56**|**391**|**66**|**786**||**_63 828_**||
|**D2.**Bank Interest|**Unrestricted**<br>**Funds**||**Restricted**<br>**Funds**||**2022**<br>**Total Funds**||<br>_2021_<br>_Total Funds_|||
|||£||£||£||_£_||
|Current Account (Danske)||6||–||**6**||_8_||
|Current Account (Barclays)||–||–||**–**||_–_||
|Epworth Cash Plus Fund for Charities||189||45||**234**||_2_||
|**Total**||**195**||**45**||**240**||**_10_**||
|**D3.**Dividends|**Unrestricted**<br>**Funds**||**Restricted**<br>**Funds**||**2022**<br>**Total Funds**||<br>_2021_<br>_Total Funds_|||
|||£||£||£||_£_||
|_Dividends received_||||||||||
|Epworth Corporate Bond Fund||265||32||**297**||_198_||
|Epworth Sovereign Bond Fund||117||14||**131**||_65_||
|NI Central Investment Fund for Charities||362||215||**577**||_257_||
|_Total dividends received_||744||261|**1005**|||**_520_**||
|_Dividends reinvested_||||||||||
|Epworth Corporate Bond Fund||–||–||**–**||_–_||
|Epworth Sovereign Bond Fund||–||–||**–**||_–_||
|NI Central Investment Fund for Charities||362||215||**577**||_257_||
|_Total dividends reinvested_||362||215||**577**||_257_||
|**Net dividends received in current account**||**382**||**46**||**428**||**_263_**||
||**Balance**|||||||**Balance**||
|Investment Balances|**at 1 Jan**<br>**2022 as**||||**Dividends**|<br>**Capital**<br>**Gain/**||<br>**at 31**<br>**Dec**||
||**restated**|**Purch’s**|**Sales**||**Reinvested**||**(Loss)**|**2022**||
||£|£|£||£||£||£|
|Epworth Corporate Bond Fund|**16 410**|–||–|–|<br>(2 965)||**13 445**||
|Epworth Sovereign Bond Fund|**12 043**|–||–|–|<br>(3 150)||**8 893**||
|NI Central Investment Fund for Charities|**20 168**|–||–|577|<br>(2 506)||**18 239**||
|**Total**|**48 621**|**–**||**–**|**577**|<br>**(8 621)**||**40 577**||



Investment balances shown in Receipts and Payments Account were valued at 31 December 2022 prices. 



| 11 

Apsley Hall Assembly, Receipts and Payments Accounts for the year ended 31 December 2022 

|**D4.**Assembly activities<br>_Assembly Fund_<br>Meetings<br>Outreach, Bibles & study literature<br>Retreat<br>Bookshelf Project<br>Wall Art Project<br>Catering<br>_Subtotal_<br>_Youth Work Fund_<br>Activities, Craft Supplies & Literature<br>Child protection<br>Equipment<br>Hire of premises<br>Outings & Special Events<br>Outreach<br>Prizes<br>Publicity<br>Refreshments<br>Transport<br>Covid expenses<br>_Subtotal_|**D4.**Assembly activities<br>_Assembly Fund_<br>Meetings<br>Outreach, Bibles & study literature<br>Retreat<br>Bookshelf Project<br>Wall Art Project<br>Catering<br>_Subtotal_<br>_Youth Work Fund_<br>Activities, Craft Supplies & Literature<br>Child protection<br>Equipment<br>Hire of premises<br>Outings & Special Events<br>Outreach<br>Prizes<br>Publicity<br>Refreshments<br>Transport<br>Covid expenses<br>_Subtotal_|**Unrestricted**<br>**Funds (2022)**<br>£<br>**Restricted**<br>**Funds**<br>**(2022)**<br>£<br>**Total**<br>**Funds**<br>**(2022)**<br>£<br>1 718<br>–<br>818<br>–<br>–<br>300<br>–<br>–<br>–<br>–<br>55<br>–<br>_2 591_<br>**300**<br>**2 891**<br>104<br>–<br>53<br>–<br>157<br>–<br>260<br>–<br>447<br>–<br>140<br>–<br>269<br>–<br>61<br>–<br>54<br>–<br>431<br>–<br>–<br>–<br>_1 976_<br>**–**<br>**1 976**|_2021_<br>_£_<br>_1 453_<br>_186_<br>_–_<br>_269_<br>_232_<br>_–_|
|---|---|---|---|
||||_2 140_<br>_740_<br>_5_<br>_–_<br>_31_<br>_–_<br>_122_<br>_–_<br>_30_<br>_–_<br>_168_|
||||_1 096_|
||**Total**|**4 567**<br>**300**<br>**4 867**|**_3 236_**|
||**D5.**Upkeep of premises<br>_Assembly Fund_<br>Heat, light & water<br>Insurance<br>Cleaning<br>General Expenses<br>Maintenance|**Unrestricted**<br>**Funds (2022)**<br>£<br>_2021_<br>_£_<br>3 629<br>_2 209_<br>816<br>_834_<br>150<br>_117_<br>185<br>_32_<br>595<br>_231_<br>**5 375**<br>**_3 423_**<br>**Unrestricted**<br>**Funds (2022)**<br>£<br>_2021_<br>_£_<br>52<br>_–_<br>130<br>_700_<br>1 553<br>_–_<br>2 610<br>_–_<br>**4 345**<br>**_700_**||
||**Total**|||
||**D6.**Repairs and renewals<br>_Assembly Fund_<br>Soft furnishings<br>_Building Fund_<br>Electrical repairs<br>Blocking up old fire door<br>Repairs to alley at side of hall|||
||**Total**|||





| 12 

Apsley Hall Assembly, Receipts and Payments Accounts for the year ended 31 December 2022 

## **D7.** Gifts made by trust objects 

|**Object**|**Amount 2022**|**%**|_Amount 2021_|_%_|
|---|---|---|---|---|
||**(£)**||_(£)_||
|Advancing Christianity|25 125|42.92|_24 200_|_41.58_|
|Relief|25 059|42.81|_27 005_|_46.40_|
|Education|7 250|12.39|_6 000_|_10.30_|
|Church Planting|1 100|1.88|_1 000_|_1.72_|
|**Total**|**58 534**|**100.00**|**_58 205_**|**_100.00_**|



## **D8.** Gifts made by country 

||**D8.**Gifts made by country||
|---|---|---|
||**Country**<br>**Amount 2022**<br>**(£)**|**%**<br>_Amount 2021_<br>_(£)_<br>_%_|
||Albania<br>4 300<br>Burundi<br>1 950<br>China<br>1 100<br>Cyprus<br>3 050<br>France<br>550<br>India<br>1 200<br>Ireland<br>6 600<br>Jordan<br>1 100<br>Kenya<br>500<br>Lebanon<br>–<br>Moldova<br>11 825<br>Myanmar<br>–<br>Pakistan<br>4 000<br>Romania<br>500<br>UK<br>14 809<br>Zambia<br>4 250<br>Worldwide<br>2 800|7.35<br>_4 000_<br>_6.87_<br>3.33<br>_600_<br>_1.03_<br>1.88<br>_1 000_<br>_1.72_<br>5.21<br>_1 000_<br>_1.72_<br>0.94<br>_500_<br>_0.86_<br>2.05<br>_12 600_<br>_21.64_<br>11.28<br>_7 500_<br>_12.89_<br>1.88<br>_1 000_<br>_1.72_<br>0.85<br>_–_<br>_–_<br>–<br>_1 700_<br>_2.92_<br>20.20<br>_1 500_<br>_2.58_<br>–<br>_1 600_<br>_2.75_<br>6.83<br>_–_<br>_–_<br>0.85<br>_–_<br>_–_<br>25.31<br>_11 755_<br>_20.19_<br>7.26<br>_2 900_<br>_4.98_<br>4.78<br>_10 550_<br>_18.13_|
||**Total**<br>**58 534**|**100.00**<br>**_58 205_**<br>**_100.00_**|
||**D9.**Assets and Investments<br>_Equipment purchased_<br>Computer equipment and software for<br>livestreaming services<br>Fixtures and fittings<br>_Total equipmentpurchased_|**Unrestricted**<br>**Funds**<br>**Restricted**<br>**Funds**<br>**2022**<br>**Total Funds**<br>_2021_<br>_Total Funds_<br>£<br>£<br>£<br>_£_<br>202<br>–<br>**202**<br>_151_<br>–<br>–<br>**–**<br>_271_|
|||_202_<br>_–_<br>**_202_**<br>_422_|
||_Investments made_<br>Epworth Corporate Bond Fund<br>Epworth Sovereign Bond Fund<br>NI Central Investment Fund for Charities<br>_Total investments made_|–<br>–<br>**–**<br>–<br>–<br>–<br>**–**<br>–<br>–<br>–<br>**–**<br>–|
|||_–_<br>_–_<br>**_–_**<br>_–_|
||**Totalpurchases**|**202**<br>**–**<br>**202**<br>**422**|
||_Investment sales_<br>Epworth Corporate Bond Fund<br>Epworth Sovereign Bond Fund<br>NI Central Investment Fund for Charities|–<br>–<br>**–**<br>–<br>–<br>–<br>**–**<br>–<br>–<br>–<br>**–**<br>–|
||**Total sales**|**–**<br>**–**<br>**–**<br>**–**|