THE APEX CHURCH
The Apex Church is a christian charity promoting faith and belief through local meeting and activities. It also supports individuals and groups to be involved in local and overseas aid projects.
Objects
A TO ADVANCE THE CHRISTIAN FAITH IN ACCORDANCE WITH THE STATEMENT OF BELIEFS APPEARING IN THE SCHEDULE HERETO ON THE ISLE OF WIGHT AND IN SUCH OTHER PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE DIRECTORS OF THE CHARITY (HEREIN CALLED 'THE TRUSTEES' MAY FROM TIME TO TIME THINK FIT AND TO FULFIL SUCH OTHER PURPOSES WHICH ARE EXCLUSIVELY CHARITABLE ACCORDING TO THE LAW OF ENGLAND AND WALES AND ARE CONNECTED WITH THE CHARITABLE WORK OF THE CHARITYB TO RELIEVE SICKNESS AND FINANCIAL HARDSHIP AND TO PROMOTE AND PRESERVE GOOD HEALTH BY THE PROVISION OF FUNDS, GOODS OR SERVES OF ANY KIND, INCLUDING THROUGH THE PROVISION OF COUNSELLING AND SUPPORT IN SUCH PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES FROM TIME TO TIME MAY THINK FITC TO PROVIDE FACILITIES FOR RECREATIONAL AND OTHER LEISURE TIME OCCUPATION IN THE INTERESTS OF SOCIAL WELFARE FOR PERSONS WHO HAVE NEED BY REASON OF THEIR YOUTH, POVERTY OR SOCIAL AND ECONOMIC CIRCUMSTANCES WITH THE OBJECT OF IMPROVING THEIR CONDITIONS OF LIFE ON THE ISLE OF WIGHT AFORESAID AND IN SUCH OTHER PARTS OF THE UNITED KINGDOM OR THE WORLD AS THE TRUSTEES MAY FROM TIME TO TIME THINK FIT
Financial health, per its FY2025 accounts
The accounts state that the charity generated a deficit of £758 for the year ended 31 March 2025, with unrestricted reserves (bank and cash funds) totaling £17,890. The trustees' report indicates a reserves policy to maintain three to six months of expenditure, and the current unrestricted cash balance is below this stated target given the total annual expenditure of £92,318. The charity owns its property valued at £423,792, but this is not included in the free reserves calculation.
What the accounts disclose
“Regular giving and donations 78,277 6,895 85,172” — page 6
“The charity's reserve policy is to maintain reserves (unrestricted funds which have not been designated for specific use) at a level of at least three and six month’s expenditure.” — page 4
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints policy and procedures
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- 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
Property (HM Land Registry)
Trustees
- ALAN SANSOM
- Ashley Hood
- Elizabeth James
- JILLIAN GROVES
- MICHAEL ROGER GROVES
- RICHARD CLIVE GANLY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £92k | £92k |
| 31/03/2024 | £121k | £111k |
| 31/03/2023 | £86k | £95k |
| 31/03/2022 | £94k | £95k |
| 31/03/2021 | £100k | £99k |
Common questions
Is THE APEX CHURCH financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a deficit of £758 for the year ended 31 March 2025, with unrestricted reserves (bank and cash funds) totaling £17,890. The trustees' report indicates a reserves policy to maintain three to six months of expenditure, and the current unrestricted cash balance is below this stated target given the total annual expenditure of £92,318. The charity owns its property valued at £423,792, but this is not included in the free reserves calculation. Its FY2025 accounts were independently examined.