Apsley Hall Assembty, Poceipts and Payments Accounts for the year ended 31 Deomber 2023 Apsley Hall A55embty: Recelpts & Payment Accouirt For year ended31 December2023 Settion A . Recei ts&Pa ents 2022 Al. Receipts Voluntary donatlons Fees reiVed Bank interest Dividends on investments Other income (gain on Epworth balans) Subtotal Funds Dethits 66, 786 DI 13,534 1.927 533 16 57,225 70,759 1,927 1,603 133 1,070 117 240 D2 428 03 D3 16.010 58,412 74422 69,100 D9 Epworth Corporate Bond Fund (closed) Epworth Sovereign Bond Fund (closed) Total receipts 1.662 1,493 11,898 7,405 77.715 13.560 8,900 03 D3 69.100 A3. Payments Assembly activities Upkeep of premise5 Repairs and renewals Gifts made Sundries Administration & Finan Governance 6,322 5.650 392 200 iii 256 500 .431 6,322 5,650 1,902 37, 126 iii 256 500 5L867 4,867 D4 5.375 D5 4.345 D6 58 534 D7, 08 1,510 36,926 213 350 Subtotsi 3&436 AQ Asset & investment purchases Equipment Epworth Corporate Bond Fund (dosed) Epworth Sovereign Bond Fund (dosed Subtotal 2,913 2,913 202 D9 D9 D9 1913 16.344 1821 1913 54.780 202 Total payments Net of recelpts/(payments) A5. Transfers between funds A6. Cash funds last year end (as restated) Cash funds this year end 34436 39,279 14.786) D3, D9 26,733 C2 21,947 12,538 51817 21,947 64.047 230
Apsley Hall AsseM1Y, Receipts and Payments Accounts forthe year ended 31 Dernber 2023 seCtn B . Statement of assets and liabdities at the end of the Bl. Cash Funds Current Accounts Epworth Cash Plus Fund for Charities 125 20.792 31,025 5L817 20.667 2.607 19,340 21,947 12,355 Totsi 64047 B2. Other monetsry assets Taxto be daimed Gas prepaid 126 514 16 3,987 4.113 3.987 4627 2,654 Total 514 B3, Investment Funds Epworth Investment Funds Nl Central Investment Fund for Charities Total B4. Assets retained for churdrfs own use Building Fixtures and ffftings D3, D9 22,338 18,239 40,577 1,377 020 17,729 7.086 .106 395,000 30,000 Total 425.fXKI 395,000 395,(W 30,C 425,C B5. Liablllties- Planned expenditiire Suffering church (Open Doorsl Mission Aviation Fellowship TOTAL 1,000 I,ioo Approved by the Trustees and Elders on and signed on their behalf by Joshua Fitshugh & Stephen Rogers ? /ot/34- 22/d i J2&ft
Apsley Hall Assemt, Receipts and Payments Accounts for the year ended 31 Decelnber 2023 NOTES TO ACCOUNTS ci. The accounts have been prepared on a Receipts and Payments basis, so that income is only recorded in the accounts when it has been reived, and payments when made. All amounts have been rounded to the nearest pound. The followiro furrfls are maintained: Assembly Fund is an unrestricted fund which is used for any charitable purpose, but mostly used for the costs of assembly aCtItieS 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. Building Fund is a restricted fund used for premiseg Tepairs and renewals. It is usually fInand by intermittent freewill offerings, occasional offerings arKI gifts ortransfers from the Assembly Fund. (See also prior period error in C2 below.) Relief Fund is a restricted fund whith is used for emergenc¥ rellef 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 projert. MOn 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. Prior period error It is noted that the Building Fund was previously shown as unrestricted and designated rather than restricted. On review, as gifts for the Building Fund are given towards a specific purpose, the previous recognition was incorrect and amounts in the Building Fund are now dtsclosed as restricted. The correction induded an amendment to the prior year. The composition of cash funds at the year end was previously shown a5 seen in the first line below, and is now shown as seen in the second line below: Unri¢ted Totsl Cash funds at yr 2022 (per 2022 acwunts as filed) Cash funds atyear end 2022 (per 2023 ac(ounts- schedule A6 above) 16,254 5,693 21,947 12,538 21,947 The year*nd position for cash and investment funds in 2023 shows all amounts relating to the Building Fund as restricted. Receipts and payments for the Building Fund were always recorded separately. and therefore the closing position for 2023 reflects all such historic receipts and payments. Consequently. the historic error in recognition is also hereby resolved. C3. Grants No grants were made during the year. C4. Trustee remuneration No trustee received remuneration during the year.
Apsley Hall Assembly, Receipts and Payments Accounts for the year ended 31 Dember 2023 i li Indemnity Insuran for Trustees, and Officer< liability is induded as an integral part of the general churth Insuran policy. C5. Trustee expenses No trustee expenses were inwrred during the year. C6. Transartions with trustees and connected persons Connected persons are those persons or entities that are dosely connected to the rew)rting charity or its trustees and, among other persons and entities, indudes: any trustee of the tharity. and a thild• parent grandchild. grandparent, brother or sister of any suth trustee, or spouse thereof. No transactfons were undertaken with trustees or connected person C7. Other information All assets are fully owned by the A55embly. They are valued according to their insured value. There is no ultimate controlling party.
Apsley Hall Assembty, P*ceipts and Payments Ac£ounts for the year ended 31 Dernber 2023 ADDITIONAL ANALYSIS DL Voluntary donations 2023 Total Funds 2022 Total Fund5 Funds Funds Weekly boxes Other gifts Gift Aid and Small Donations Scheme 11,107 1,836 40,717 13.457 3,052 57,226 51,824 15,293 3,642 70.759 7,047 Totsl 13.$33 DI Bank Interest 2023 Total Funds 2022 Total Funds Funds Funds Current Account {DanskeJ Current Account (Barclays) Epworth Cash Plus Fund for Charities Totsl 23 510 1,070 1.070 234 533 240 D3. Dividends 2023 Tolal Funds 2022 Total Funds Funds Funds Dividends received Epworth Corporate Bond Fund Epworth Sovereign Bond Fund Nl Central Investment Fund for Charitie5 Total dividends received li 79 38 535 297 131 577 41 576 57 652 l(X15 Dividends reinvested Epworth Corporate Bond Fund Epworth Sovereign Bond Fund Nl Central Investment Fund for Charities Total dividends reinvested Net dividends received in current account 41 41 16 535 535 576 576 577 577 117 428 B•lan(• •t lJ•n Cawtal Dlvldends G•lnl B)lance •t 311)•c 2023 Investment Balan$ 14nYs Sales Epworth Corporate Bond Fund Epworth Sovereign Bond Fund Nl Central Investment Fund for Charities {.50) {8,w) 576 291 ,106 Tot•1 40.577 576 Investment balances shown in Recelpts and Payments Account were valued at 31 December 2023 pri. The Epworth Corporate Bond Fund and Sovereign Bond Fund were dosed by Epworth in May 2023 due to poor performan, and the fund balan. valued as at that date, transferred to the Epworth Cash Plus Fund. The amount transferred to the Cash Plus Fund (net of in-year gains before transfer) is shown as a sale in the above table. In-year gains are shown as 'other income, for the Cash Plus Fund in section Al. The total amount transferred was £22,460, of which £122 represented in-year gains and the remainirE £22,338 simply a balance transfer,. this amount is shown as a 'sale' in section A2 above. (See also section D9 below.)
Apsley Hall Assembty, P*tripts and panents Accounts for the year ended 31 L)ecember 2023 ReslTlcted Total Funds D4. Assembly activities Funds (2023) Funds (2023) (2023) 2022 A55embl Fund Meetings Outreach. 'bleS & study literature Retreat Catering Youth work Total 1,782 2572 1718 818 31 55 1.783 6.322 1,976 4A67 6322 Expenditure arising from youth work wa5 taken directly from the Assembly Fund during the year, as no offerings were designated for the Youth Work Fund. D5. Upkeep of premises Unrestricted Funds (2023) 2022 Assembl Fund Heat, light & water Insurance Cleaning General Expenses Maintenance Total 3598 816 150 780 67 352 185 595 5A75 Unrestricted Funds (2023) Restricted Funds (2023) Total Funds {2023) D6. Repairs and renewals 2022 Assembl Fund Small repairs and renewals Buildin Fund Electrical repairs Blocking up old fire door Repairs to alley at side of hall Professional fees- architects, 392 392 52 130 2,610 survey Totsl 1510 io 1510 392 D7. Gifts made by trust objects Objert Amount 2023 Amount 2022 (£) 20,550 14.776 2,800 1.100 39.226 (£J 25,125 25,059 7,250 I,Icx) 54534 Advancing Christianity Relief Education Church Planting Total 52.3 37.67% 7.14% 2.8A 42.92 42.81 12.39 1.88 I.00
Apsley Hall Assembty, Receipts and Paents Ac£ounts for the year ended 31 Dernber 2023 114 D8. Gifts made by country Country Amount 2023 Amount 2022 {£) 4.300 600 i.i(K) 1,700 550 {£) 4,3(A) 1,950 1,1 3,050 550 1,2(X) Albania Burundi China Cyprus France India Ireland Jordan Kenya Moldova Pakistan Romania Turkey UK Zambta Worldwide Totsl 10.96 1.53 3.33 4.33 5.21 2.04 16.83 2.55 2.05 11.28 6.600 1.000 1,1 0.85 1.150 2.93 14,809 4,250 25.31 7.26 5,000 11,726 2.600 2,100 39,226 12.75 29.89 6.63 5.35 4.78 7.35 3.33 100. 4,3 1,950 54534 The above totsl of £39,226 indudes the following gifts whith had been collected, but not yet remitted, at 31 Dember 2023". £1,000 to Open Doors for the support of the suffering churth: £i,ioo to Mission Aviation Fellowship. 2022 Totol Funds D9. Assets and Investments Funds Funds Total Fund5 ent urchased Computer equipment and software for livestrearning services Total equipmentpurchased 2,913 202 1913 202 Investments dased Epworth Corporate Bond Fund Epworth Sovereign Bond Fund Nl Central Investment Fund for Charities Totol investments dosed Total pur(hases 1913 2.913 Investment sales Epworth Corporate Bond Fund Epworth Sovereign Bond Fund Nl Central Investment Fund for Charities Total sales