REVIVAL FIRES Financial Statements for Year ended 31 March 2024
Revival Fires FInanC yeAr ended 31 Mar¢h 21n4 Contents Page TTUStees report Independ¢nt Exarniner 's Report Statement of financial activiti¢s 10 Balance Sheet Notes to th¢ Financial Statsm¢nts 12-20
Revlval Flres Dudley THE TRUSTEES, ATrINUAL REPORT FOR THE YEAR ENDING 31 IVIARCH 2024 Th¢ trustees are pleased to present their report and fu1&1 statements for the year ended 3 IX March 2024. Ob'ectiv Th¢ PUTPOS¢S of th¢ Trusl a$ 8tat¢d in the governing docurnenty are: l. To provide the advancement of the Christian faith worldwide 2. To offer relief to persons in hardship, sickness, addidion aad distress worldwid¢ 3. To advance cducation in the fomi of vocational training centres, preparing persons for ministy, Missio and Christiart Iead¢rnhip. in accordance with Christian principles worldwid¢ Ensurin8 our tivitIeS deliver our aims. Th¢ trustees regularly VIeW the activiti of the church looking at the success and impact of each key activity, assessing the benefit to those attendin8 and planning future activities a¢rdInglY. R¢f¢r¢nc4 is mad¢ to the guidance In th¢ Charlty Commission's s¢n¢ral guidanc¢ on publi¢ neftt when reviewing aims and objectives and in plannin8 future activities. ci Principle activities of the Trust during the year have focused on continued and in¢r¢a8ed deloPment of all th¢ ministries of Revival Fir¢s. This ntinUeS to be fa¢ilitat¢d by the occupation of the Revival Fires Mlnistry Centr¢ which provides the baso for many of the activiti¢s of tho TrusL Over this past year, much of the ministy pastoral car¢, teaching and pr¢a¢hing has delivered in-person meeting& groups, nferenceS and events. We continue to offer a hybrid model for those deciding to join from home ensuring access for all. During this reporting year, meetings have contlnued to be streamed online, via YouTube, Revival Fires TV and Facebook Live, alongside in-p¢rson events. In-person and Online Teaching Schools have been available to join and a¢sS on playback. How r acti delive lic bene nd who Revlal Flre8 Chur¢b The Church seeks to advance the Christian faith in the Dudley area by providing regular meetings for worship. teaching and prayer tninisty that provide public ben¢fit as thoy ar¢ open to all at no ¢oyt to each visitor. Attendance on a Sunday morning is around 160 peopl¢, of which approximately 61Y/o of adults also attend one of the Life Groups, held we¢kly in people's homes. Tho youth and children's work have around 25 ¢hildr¢n aged O- I I years attendingi and 15 young people aged 11-18 y¢8r8 attending on Sunday mornings led by volunteer ministy co- ordinators. We have plann¢d to receive interns for the youth and children's tearns for 3 months as we ¢ontinu¢ to d¢velop the children and families work at Revival Fir¢s RevlvAI Flrej Chureh jlrea On our YouThbe platfonn, we have an average of 20 hoUOId ¢onn¢otion8 watchins me¢ting8 live (one connection could be an individual, or a ¢ouple watching together in their home. or a whole family) intern¢ting and ¢ommentin8 in the Chat feature a8 if they were in the meeting. Th¢se ¢onnections amount to an average of 50 views on a Sunday meeting during th¢ meeting timeg growing to an av¢rage of 325 views by the end of the w¢¢k (some people watch outsid¢ of meeting times). These total views are mad¢ up of 55Yo UK dcmographi¢, 60/• US and th¢ remainder from arnund the whole world. viewers on every continentl The UK is the largest proportion. On our Fa¢¢book platfomi, we ha an additional amount of between 10 and 30 connections watching the whole meeting live, with much more int¢raction and comments on this platforni. This grows to up to 250 over the week.. Agaln, the demographics are very similar to the YouTube above, UK b¢iDg our biggest group. followed by USA. then Indi4 this year w¢ hav¢ grown in engagement from the continent of Africa, individual wuntries in Europe. If you were to add up the individual countries in Europe, it would total a similar number to USA vicws. On Youtub¢, we have 6873 subscrib¢rs roceiving an average of 4500 views per month. You Tub¢ subscriptions last year were 6J50.
Revlval Flres Dudley Youth and chlldren'8 events Alongside weekly meeting4 children's activities including Children's Church; fÈmilies hav¢ b¢en connected with, for pastoral and par¢nting support on a r¢gular basis thr(yughout the year. There have been monthly youth and young adults, events at Revival Fires and alternate week events for the emerging youth and young adults groups laun¢hcd in Jan 2024 with input from the I I Sch1 of Ministy Toronto Students who w¢r¢ on pla¢¢m¢nt with us for 3 weeks. Local schools continu¢ to contact us wh¢n parents and families requir¢ additional SllPPOrt including food, support and prnyer. This year ld1¢Y Council asked u$ to support families who are unable to f¢ed their children in the school holidays for Ihe Holiday Activty Fund and to sup1 parents in their First 1001 days of a Child's life. W¢ al80 hav¢ weekly groups for moms and dads a8 we support parents and infants emotional wellbeing. Volunteers at Revlval Flrej The activities of th¢ Churth could not tsk¢ plac¢ without significan( and valuable. contributions from volunteers. It is ¢stimated approximatcly 80 pcoplc ar¢ ¢ngaged in thc weekly activities at the Ministy Centre overall, who serrf¢ in various roles during the week and at our me¢ting& events and conferences. Regular sessions ar¢ held to train. equip and acknowledge volunteers for their commitment and for updato Chang and r¢freshers. Current t¢ams are - worship, m¢dia & sound. w¢l¢ome, prayer & car¢, IM)SPitality, cofft¢ shop, ministy t¢offl, prophetic team, kids church, bookstore and centre management. We regularty celebrate volunt¢¢rs' involv¢m¢nt in the ministy in various ways. This year we have added gardening, cleaning and coffee shop to the weekly volunteer rolcs. this includcs our ESOL students taking part in volunt¢¢ring opp)rtunities to develop their ¢onv¢rsationaI English skllls and to gain work experience that thoy add to their CV. 2023 12024 Chureh Events Sunday Chur¢h Weekly in person and onlin¢ 8ath¢rings open to all Ctèch4 Kid's Church & Youth Durin8 Sunday church with trained volunteer team members. D¢dAcation and parenting training which led to many families d¢di¢atin8 thoir babies and thildreo. Phone calls for suppor¢ signpostÉn8 for church and community Welcome & training for n¢wcom¢r8 & n¢w beli¢ver$ WKkly pastoral group8 for t¢athin& prayer & Care Weekly e&ch Sunday plus personal prayer for healin& pastoral support & encourngement available GPSIGlobal Prophetic Sohool Live Zoom wups for teaching and practical PTophetic training Asc¢nd Worship School Training and Zoom groups for worship toams Various equipping & training Encounter. En88ge* Life Leaders, DeliYeranrA 8chool& Ministy T¢am Trnining Worship Enaount¢r nights Monthly on Saturday evening8 for prophecy and worship Pastors & Lcad¢rs Bi-annual lead¢rs gathcrings plus regular online support Online proph¢ti¢ teaching & support for UK and Int¢rnational pastors T¢rn]ly gatherings to train, ¢quip md encourag¢ wom¢n of all age Mattiage Care and support for married wuples Weekly m¢¢tings for Bibl¢ t¢achin& friendship. fun and encouragem¢nt Regular ¢vents for discipleship, fri¢ndship and impartation As a pather of Bla¢k County foodbank hub, we have continued to support families at Christmas through th¢ food hampers to 5 local primary and stndary schools and one olydistributions to families Prayer & Care Call Team H¢art to H¢art l Enga8e Life Groups Prayer & Pray¢r ministy Strat¢gos Leadcrs Gather the Girls / Brunches Malage niBhts Youth Young Adults Food distribution
Revlval Fires Ihdley Throughout the week, the church and coffee shop receiv¢s visitors from the l(xal church and community for R1Val Cafe. Migrant Cafe Drop in, Parents and TO Gather th¢ Guys. Conferences And Schools Th¢ Trnst provides one of the most extensive Christian conforen¢e pro8rammes in th¢ UK and incre&singly aitracl8 delegates from other countries in Europe and further afield. The programme is designed to enable peopl¢ to come together for live worship* relevant Biblical teaching and training from nationally and internationally respected speakers, and to receive prayer ministy. prophecy and the laying on of haods. Thts year, conferences have been both in-per50n and onlinA with live worship bands and speakers from the UK. Canad& and USA: speakers attend in person or online via strcaming plalfornis, sharin8 messages for each Conference session. In-person att¢ndanco at th¢ main ¢onf¢r¢nces in¢rwed to around 200 people. Confer¢n¢¢s and equipping weekends do not carry a registration fee to mak¢ attendan widely available to all: freewill offerings are received durin8 th¢ events. etic Schwl has graduated ov¢r130 students. including 25 students at Level 2 as students are trained in prophetic ministy, from all over the world. GPS Schools have been both online and in person, culminatin8 ill Graduation evenings at Cel¢brntion eY¢nts at the end of each terni. -.orShipS h1- a new worship school launched in February 2023 with over 40 students from more tha 10 ¢hurGh¢s: gradualion was held in th¢ Mar¢h gatherin Revlv81 Flrej Conference Str¢Am Conferen¢e viow¢rship of it)dividual sessions, while they ar¢ taking place is usually twice that of the Sunday meetings and can b¢ more. especially ev¢ning sessions and if conference sakerS have promoted the live stream on their social media platfonns. These views are often outside of the UK (i.e. - USA) and often n¢w vi¢w¢rs, rather than the returning viewers of the Sund&y m¢¢tin8s. Th¢s¢ viewers oft¢n result in extra subscribors to th¢ YouTube platcomi. This year's ¢onftr¢n¢¢ hedllle w&9 as follows: June Propheti¢ Enwunt¢r with Cindy Jacobs September Leaders Day & The Crossing with Emma Stark, Dan Slade, Davo Day November Stepping Forward wtth Jarrod Cooper. Hannah Graham & Ruth Well¢r JanuaryL¢aders Day & Restore 24 with Chuok Pierce. Sam Robinson, Simon Braker External MiDi¥try Th¢ Trust ¢ontinues to keep strong ¢onnections in the UK and overseas through the years of Reviv Flres, teams tr&vellin8 to minister at confernoces and large meetings. This year, Zoom4 prtrrecorded messages, and Fac¢book Liv¢ events have supported serving seval churches in th¢ UK and intsrnationally: April Chiswick leaders meeting consulting on vision West Bengal, Indi4 training and supporting mer¢y ministri¢s Zimbabwe & South Afri mission outr¢a¢h, conference, leaders, meetings ShetTield City Life Church weekend Fraserbugh leaders and church m¢¢ting8 Leicester Proph¢tio Conference Rugel¢y. Staffs S Yorks Filing Station, Rotherhatn Kidderniinster Baptist Zoom to Guatemala oonf¢rence Chorley church W¢st B¢ngal. India with missions team, training and supporting mercy ministries Chorley Church ChiswiGk l¢ad¢rs & Church meetings May June S¢p Oct Jan
Revlval Flre8 Dudley Southgats leaders & Church meetings Mathid, Key of David Gathering Worthing church and leaders Wimbledon OPhetiC School & Church Leicestor Prophetic Zoom West Bengal. India, training and suppoty mercy ministries Feb Mar l Apr Indla Mlsjlon Report The Trust has continued to support its m¢rcy ministries ov¢rs¢as through the relationships established over the years, through r¢Bul8r visits twice a y¢ar, and working sid¢ by sid¢ in mission and outreach to thos¢ in hardship and need. This has included such things as distributing food and various gifis of support in Indi4 Providing financi help for r¢lated overseas ministries and continuing with Revival Children- a scheme which enabl¢s people in the UKto sponsor the Care, accommodation and schooling for childr¢n at Papa's Hou$¢, West Bengal, in Indi& Work at th¢ orphanage continues underthe leadership of Indian nationals who re¢¢iv¢ training and support and mentoring from Revival Fire8, Th¢ chtldren and families in the villages of Dooars continue to be supported on an ongoing basis with re8ular visits from the Papa's House team. As at March 2024, 20 children were re¢eiving car¢, MmOdation. schooling and a home ift Papa's Hou8¢, some on sl)ort t¢rni and some with long-terni placcments. Several additional families in the tsa plantstions were also re¢eiving personal 8UPPOrt and on-going ¢are for their well-being and health awarenas includin8 food parcels, teaching and health and hy8ieoe 8upporL Donors hav¢ continued th¢ir g¢n¢rous giving in ¢ontinuin8 monthly sponsorshipy for an Indian national with whom the Trust is partnering for promotin8 and dev¢lopin8 the Li8hthouse and Dish& project for rescuing women and ¢hildr¢n from human trafficking in the West Bengal region, with regular trainin8 programmes, outreaches and family liaison work taking place. A smaIl team of volunteers helps Sm¢rin who leads the Lighthouse and Disha Proj¢ct as she seeks to develop the support network for young women. The sewing production continues to excel, a]ongsid¢ art, beauty and dan. There is also a training cours¢ ¢nabling young women to develop th¢ir career pathways in buslne8S, administration. hotsl management and. with the statutory organisations. Strong connections with oth¢r NGO8, government d¢partm¢nts and local agencies have been well develop¢d including career opportunities for the women completin8 the rostoration programme. Both finan¢ial support and pastoral 8UPPOrt hav¢ also been given for w¢ll being and for medical needs. Revival Fires has raised and distributed support for Papa's House. Revival Children Outa¢he the ongoing work in W¢st B¢n8al and the work of the Li8htHouse project WO3 ¢OSt¢d at approx. £46.079(2023 £26,600) Thi8 figure reflects the ongoing work of th¢ Revival Fires. Trust in ¢ontinuin8 to support mi98ion in a practical and spiritual way over this year alongside we4kly video calls and emails for personal and ministy support, updatss and reporting purposes. New mission outreaches ov¢r this year have included mini8terin8 into churches, hoOlS and villages in Zimbabwe, as well as now UK church ¢onn¢Gtions, Zlmbabwe Mlssion Report New mission outrwh over this year have includd minist¢rsng not churches schools and villag¢8 in Zimbabwe Trevor and Ryan spont a week in May 2023 ministering to I3 in Maronder& This tim¢ ¢ulminat¢d in a'Realms of the Supernatural Conference,, openin8 th¢ revelatory and apostolic tsachings to the chUh which gathers there. Support¢d by ihe monthly funding of new partners 8ivin8 towards Revival Children Zimbabwe, wo have continued to l$t in the daily feeding of 400 children at St. Francis sch19 just outside Maronder& N¢w relationships are being developd which wo believe will Tesult in a new h0o1 ¢onne¢tion in th¢ vicinity of the ¢apital City of Harar¢. It is h¢re we want to trial a shorter pilot feeding programmc and hold a leaders training conferenc¢, reaching SPlf7¢allY into the Zimbabwean population who have had l¢ss opportunities than som¢ of th¢ more affluential farniing regions of M8rondera. Sin¢¢ December 2023, Kabod Church has also been ¢onnecting with a 8roup in South Afric which has b¢¢n a beneficlal fit for their unique demogrnphic in the church. We hav¢ allow¢d the church the space to keep developing thls relationship also.
Revlval Flres Dlldley Communlty Events From April 2023-mah 2024 th¢ Trust continued the usual programm¢ of in-person community events, which included Church FallY Events. Picnics in the ParK Christmas Fayre. work parties, britig and share lun¢h¢s, and the delivery of 250 hampers at Chrtstmas for lo primary and secondary schools. Th¢ Prayer and Care Calls Team was established in April 2020. and w¢ continue to receive refetrals from Life Group Lead¢r8. Primary Schools, Dudley CVS and from Social PffsGYibin8 Teanis tn NHS Trusts. Our websitc 8lVCS 8 clickable link where the g¢neral public can r¢qu¢st prayer and care or befriending calls. Our team aim to make l O- 15 phone calls ¢ach week, offering prayer and car¢ Gall. often WklY for many months with invitations to oth¢r church, community and signposting SUPPOrt. Strong links have continued this year with local organisations which have improved the Trust's visibility within the town and voluntary network. The Tnt sits on local ¢ommittees for Dudley CVS including th¢ newly laun¢hed Young Peoplo's Alliance, hosted with Children and young people for the influential report on the 'Growing up in Dudley, Cluster Connect for Dudley Town Centro which brought organisations with faith groups together. We continue to speak into community issues with a faith-leading edge and ar¢ well ¢stAblished in Migrant and Refugee support in the borough, with additional partnerships with Brushstn)kes (Refugee and Migrant Support) weekly ESOL classes at Revival Fir¢s for 15 students with 4 Classes pff week. Many groups use our Coffee Shop foT ommunity Groups for creative, pe¢r support and collaboration. Revival Fires has pioneered many proje¢ts including the Prayer and Care calls. Coffee and Colour 15 a weekty drop in 8roup with an average of 5 people coming for a supportive space with a trained team in place to listen, support wilh bereav¢mant and provide signpostin8 and advi wh¢n needed. With Dudley being a place of welcome for Ukrainians fleeing the war in Ukrnin¢, we eontinue to work with Dudley and Sandwell Council Home8 4 Ukraine s¢hemes. We have also been a ndUlt for othor or8anisations to provide homes and firniture to Ukrainians and other refugees. Thi9 year we were asked to host a community ¢el¢bration day by Councillor Cathy Bayton, this brought tog¢ther various ag¢nGies inGludin8 the Library) Poli¢¢, Park Rangers, local charities including Saltmine Theatre Company and Lighthouse Cafe, Inte8rated Plus and NHS Social Prescribers. The ¢vent was an infornlalion sharing and gatherin8 ov¢nt as our Wolverhampton Street wmmunity w¢r¢ asked what they love about their area and wh¢r¢ improvements Can be made, to inforni the ¢ouncil'$ future planning. Mlnlstry C¢ntre Tho Ministy Centr4 now in its 18th y¢ar, continues to be a wonderful ra8our¢¢ for every &spe¢t of th¢ ministy. CommuDlcatlon The website 18 updated regularly. with an average of1.800 unique visitor8 a month. The w¢b-based feature offers viewers thc ability to watch free live streaming of m¢¢tings held at R1Val Fites. A library of previous meetings is av&ilablo to watch on41emand. Conference sessions arn also streamed live, free of charge. We arc on the YouTube partn¢r sch¢me, meaning we get paid for our content. This monthly paym¢nt Contributes as much as previous conference session sal. anelal R The principal funding for the Trust ¢om¢s frorn donations and off¢rings by members of the church and visitors to Revival Fir¢s. Other sources include gift aid reclaimed, registration fees for 8chool4 honordri4 and othcr income. Th¢ main financial hi8hlights for the year ar¢ set out below. Income And Expenditllr¢ The overall in¢ome for the year to March 2024 was £435,455 (2023 £367,094) with expenditur¢ at fA69,792 (2023 £373,289) thfts pr(Kluc¢d a deficit of £34,337 (cp 2023 d¢ficit of £6,195). Particular highlights thlJ year are..
Revlval Flres Dudley Ineome This increased by 19¥0 mainly due to th¢ r¢turn of pre pandemic activity e.g., Confer¢neAs and established church life. These followed continued years of incom¢ $k¢wed by the CV19 pandemic where the tnt re£¢iv¢d an unusual number of one off Charitable and statutory grants for various reasons. These windfall funds have been desiated and is in the process of dissipation baing th¢ prim¢ r¢ason for the large deficit incurred this year following a smaIl deficit last year Exp¢nditure Overall- An increase of £97K (25Yo) was recorded primarily due to the continued restoration of ¢stsblish¢d regular projects and th¢ realignment of a¢tivity to forni¢r years levels. Main items of increase were as follows.. Major r¢pairs . renewals and replac¢m¢nts of gutt¢rin& air con units, lighting and caryeting Additional staff memb¢r r¢ the Meet and Gr¢rt project Catch up on MIs8ion work ¢speGially India Ministry and Worship ¢osts Staff oo8ts- Approximate Increase of £13K: A sAgnifKant amount of the day-toaay work of the Trust ¢ontlnues to be carried out on a volunteer basis. In temis of full-time equivalent staff, however the trust now require8 and ¢mploys 8 staff mernbers (2023.6) ¥erv The Trust holds general fund$ that are unrostricted and funds t[t hav¢ been specifically allocated for the building improvement or to Missions. Our policy is to distributa these funds in cordanc% with the objects of the Trust whilst ¢nsuring that there are sufficient funds to cover eAsh flow requirements relating to committed expenditure such as salary payments. Typically, this will mean holding 3 months of unrestricted funds. Deglgnated fund8 As set out by the Trustees these were reduced by £36K for jor repairs, ren¢wals and repleMents and £15K for Mi88ion leaving a balan¢a of £87K at the year end for Futu As th¢ Cr¢¢he, Kids and Youth Ministry expanded this year, we are able to work with our incredible volunteers to paint and transforni several 5tor¢rooms into usable spaces This included redecornting the kids room3 into fun and vibrant spaces, moving the cteche into a larg¢r room, and in response to familics n¢ds. have added a sensory room. Ministy and outr¢a¢h programme of events increases ¢h year and includes loc81 ¢v¢nts, f¢llowshAp meals, training and equipping tracks, outreach and social cvcnts> pastoral and w¢llbeing Support for th¢ communlty and refugeey from Ukrain¢ and oth¢r ttions. Increing youth and children's ministy support are continuing to bo sou8ht. Overseag initiatives in¢lude further developmenL training events and pastoral connection with Indlan Pastors and lead¢rs, ¢onfercnc¢s in related chllrche developmentofthe mission work in Indi4 in¢luding theLighthous¢Project's trainiftg programme, renting further homes for restoration, for women and childrnn to alleviate human trafficking in Northeast India. Ongoing leadership and pastoral support tak¢s plac with those churches that the Trust already has lith with, both in the UK and worldwid
RevivAI Fires Dudley vernan e Pdnd ¢m¢nt Governing Document Revival Fires is a ¢haritable trust constituted by a trust Deed dated 17 June 1998 and supplemented by a further deed dated 30 Scptemb¢r 1998. Appointment of TnteeS Appointment oftrustces is governed by the trust deed of the charity. The trustees are authorised to appoint ncw tttts and to fill vacancies arising throughout the period by a resolution. Trust¢e Induction and Trainin8 All trustees are familiar with the work of the Trust and have had an association with the Tntst over several years. New trustees are given an introduction to the rol¢ of and the workings of th¢ Tnt through discussion and reference to relevant documents as foILows: I, Th¢ rol¢ and r¢sponsibiliti¢s of a tru8tee- by r¢f¢r¢n¢¢ to the relevant Charity Cotnrnission publications 2. The Trust Deed- a copy of the Trust Deed is provided to each new trusts¢. 3. Current Financial Positlon through availability of a copy of th¢ late8t published accounts. tO8¢th¢r with subs¢quent mana8¢ment awounts for th¢ Gurrent year 4. Futur¢ plans and objectives are discussed b¢for¢ appointment and at each trustee m¢¢tin8. Orggnlsatlon Strnetur¢ Tho Trust¢es who hav¢ served dwing the year are set out bclow: Trevor Baker Sharon Baker Keith Bowley Andrew K¢ar Thomas Herber Davies James Sheen Chairnian Admioistration Manager Th¢ trustees are required to meet at least tiyice each year and ar¢ ruponsible for th¢ financial accountability with respect to the polici¢8, and the ¢omplian¢e ofth¢ Tnt with the requirements of the Charities Commission, in wrying out the aims and objectives of the Trust. In practice the trustees nornially meet quarterly. The trustees act ift a voluntary apaoity and do not receive any remuneration in their ¢apacity as INst¢e&. Trevor and Sharon Baker are employed part-time by the TTrt as l¢ad¢rs of the ministy and are responsible for ihe day-to-day oY¢rsi8ht of the TrusL and for ¢n8uring good practi in the conduct of the Thist'8 affAirs, Ref¢r¢nce and Administrative Delails Charity Name Revival Fir¢3 Charity Re8iStration Number 1072369 Regist¢red Office and Operational Address: I 17-120 Wolv¢rhampton Street Dudley West Midlands DYI 3AL Solieltors Nowell Meller Solicitors 24 Market Pla¢¢ Burslem Stoke on Trent ST6 4AX Prima Bankers Lloyds Bank plc Telford Branch Telford Centre Shropshire TFI 2HD i• Inde ndent Examlner Gary Peter Brookes FCA BS¢ 130 Wombourn¢ Park Wombourne South Staffs WV5 OLY
Revival Firu Dudley Statement of trustees, reJpon8lbfilitles The trustees ar¢ r¢sponsible forprep&ing th¢ Truste, Annual Report and the financial statements in accordance with appli¢abl¢ law and United Kingdom Accounting Standards (United Kingdom G¢n¢rally Accepted Accounting Practice). Th¢ law applicable to charities in England and Wales r¢quir¢s the trustees to prepare financial statements for each fiftan¢ial year whi¢h give a true and fair view of the state ofaffairs ofth¢ charity and of the incoming resources and application of resources of the cbwity for that period. In preparins these financial ststements, the tri)stees are required to: select suitabl¢ a¢counting policies and then apply them consistently. observe the methods and principles in the Charities SORP. make judgments and ¢stimatss that are reasonable and prud¢nt. state whetherapplicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and 5. prepare the financial statgments on the going concern blS unless it is inappropriate. 6. to presume that tlle charity will continu¢ in business. Th¢ trustees are responsible for keeping proper accounting r¢¢ords that disGlos¢ with reasonabl¢ accura¢y at any tim¢ the financial position of the charity and ¢nabl¢ them to ¢nsure that the financial statements comply with the Charities A¢t 2011, th¢ Charity (Accounts and Roports) Re8ulation$ 2008 and the provisions of the trust deed. Thay are aJ80 responsible for safeguarding the Assets of the ¢h8rity and hence for taking reasonable steps for the pr¢vontion and dcte¢tion of fraud and other irregulariti¢s. Tho trustees are re8ponsibl¢ for the malntsnance and Intslty of th¢ charity and financial inforniation is included on lh¢ ¢harity's w¢bsit¢. IAgislation in the United Kingdom governing th¢ preporntion and dissemination of financial statements may ditTer from legislation in other jurisdictions. InveJtmeDt Powen The trnst deed authorises the trustees to make and hold investments using tho general funds of the charity, and also to borrow funds by way of a lo&n. In Ootober 2005 th¢ Trust purchased, with the help of a bank loan, a substantial freehold prop¢rty - 117-120 Wolverhampton Street, Dudloy to facilitate the continued expansion of the work of th¢ Trust. Th¢ Trust also spent substantial additional funds on refurbishing and improvin8 the property to make it suitsbl¢ for the Trust'8 purpos¢s. The loan was paid off in full in I)ecem6er 2010. No other investments have ¢ufrently been made by the Trugt. Funds over and above those needed for th¢ day to day running of the Trust are held in vfirious deposit a¢counts to gain inter¢3L These deposit a¢Lxiunts are considered by Thistees regularly so as to review optinjum p¢rforniance. Rijk ManagemeDt As part of their responsibilities the Trustees carry out a continuou8 review of major risks both in financial and practical ternis ensuring that more adventurous projects are subject to due diligence before commen¢¢m¢nt. Int¢rnal financial risks are minimised by the establishment of sound accountin8 procedur, and by the preparation of monthly mana8¢ment arAounts. There 18 a robust 8af¢guardin8 policy in pla¢e covering staff and volunteers. Policies and procedures arc in place to cnsujr compliance with health and Svdfety for staff and voluntsers. Fire risk asSessmt is r¢gularly revi¢wed with fire drills being undertaken on a r¢gular basis, fire extinguishers are ohecked anoually, and an acLident book is maintained on site. Appr(ryAI This report was approv¢d by the trustees on . and Sigll on th¢ir behalf. Mrs. S Baker, Trustee
Revlval Flres Independent Examlner'¥ Report to th¢ TntreS of Revival Flrej I report to the charity trustees on my ¢xaminatAon ofthe a0llnts of the charity for the year ended 31 Mar¢h 2024 which are set out on pages 10 to 20 Reypon8lbllltle8 and ba8ts of report As the charity's trustees you are responsible for the preparation of the aUnts in accordance with the requirements of the Charities Act 2011 ('th¢ Act,). I report in respoct of my oxamination of thc charity's ac¢(Mthts caTricd out under sectlon 145 of th¢ Act and In ¢arrylng out my examination I hav¢ followed all the applicable Dir¢¢tions gAv¢n by the Charity Commission under section 145(5)(b) of the Act. Independent examIneI 8t%item•At Slnce the charity's gross income exceeded £250.000 your examiner must be a m¢mb¢r of a body listed in section 145 of the A¢t, I confirni that l am qualified to und¢rtak¢ the examination IU8¢ J a member of Institut¢ of Chartcr Accountants of England and Wal¢s I have completed my examination. I confirni that no material matters hav¢ ¢om¢ to my attention An connection with th¢ examination givin8 me cause to believe that in any material r¢spect: a¢counting records w¢r¢ not kept in respect of th¢ Charity as required by section 130 of Ihe Act. or the COUnts do not accord with those re¢ords' or the accounts do not comply with the applicabi¢ requirements concerning the forni and content of accounts aet out in the chariti (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'tru¢ and fair view, which is not a matter consid¢red as part of an independ¢nt ¢Kamination. I have no con¢¢rns and have come a¢ross no other matters in connection with th¢ examinatton to whlch attention should be drawn in this report in order to ¢n&ble a proper understanding of the aounts to be reaGh¢d. Slgned Name Gary Peter Brookes Fellow oflxstllute of CharteredAccounlanlsfor England and Wale$ Address J30 Wombourne Park. Fyombourne, Somlh Siaffs, FYV5 OLY
Revival Fires srATEMENT OF FINANCIAL ACTivrriES FOR THE YEAR ENDED 31ST MARCH 2024 Unre8trictsd FUD Dcjlgnaled Tund8 Restritted Funds Mission & Building Funds Tolal Funds 2024 Total Fundi 2023 GeneTal Funds Building Note4 Investmenls 7,906 7,906 1723 Donation5 283,769 57,287 341.056 302,174 Charitable activities 2b 71.613 14,880 86,493 62.197 Total ID¢om¢ 355J82 7,906 72,167 435,455 367,094 dl CharltAbl¢ Aetlvltle8 386,768 83,024 469,792 373,289 TotAI Expendltur¢ 386.768 83,024 469,792 373,289 Net (exp¢nditureyincome (31,386) 34,337 7.906 10 857) il 6,195) R¢eonclllatlon of Fundj Transfer of fund8 36.190 (Sl,434) 15,244 Total funds brought forward 158.021 745,817 142,180 1.046.018 1,052213 Totsl funds carried forward 162.825 702,289 146,567 J,011,681 1,046,018 The notes on following pages 12 to 20 forni part of these oUnts Ther¢ were no reCOlsed gains or losses for the years 2024 or 2023 other than those included in the Statsment of Financial Activities. All income and expenditure relates to ongoin8 operations. io
Revlval Fires BALANCE SHEET AS AT 31ST MARCH 2024 UDrnJtslet¢d Funds Desi Restricted Funds Buildin8 Mi&8lon Funds Total Fundj 2024 Total Fundi 2023 Flxed Assets Freehold Prowty Equipm¢nt 614.968 63,569 678,537 995 695,652 1.989 995 Current Ass¢ts Stock of Chrlstlan Resouru8 Dobtors Bank & Cash TotAI 3.500 4258 163,770 171,528 3,500 4.258 334,089 341.848 3,656 4,921 347.073 355,650 87,321 87,321 82.999 82,999 Cr¢dltorJ . Amounts falllDg du¢ wl¢hln on• yoar io 9.699 9,699 7,273 Net Current A8sets 161.829 87,32L 82.999 331149 348,377 Totsl Net Auets 162,824 702.289 146,568 1.011,681 1,046,018 FINANCED BY: Unr¢$trleted Fundj: Chuffh General Funds 162,824 162,824 158.021 D¢ilgoited Vundj: Capital Bullding Fund Missions and Pr¢mlsey li li 614.968 87J21 614,968 87.321 607.062 138,755 Restrleled Fundj: Building Fund Revival Children Fund Mlsslon Fund li li li 108,536 21637 15,395 108,536 22.637 l5,395 108J36 23,790 9,854 Total 162.824 701289 146,568 1,011,681 1,046,018 Approved by the Irusi¢¢3 on 2024 and 8igned on their behalf Mr K Bowley* Th18tee
Revival Fires NOTES TO THE ACcos FOR THE YEAR ENDED 31ST MARCH 2024 l. Aceoullting Policies Ba8ls of Ac¢ouDts Preparntion The charity constitutes a public benefrt entity defined by FRSI02. The financial ststements have been prepared in cOrdanCe with Accounting and Reporting by Charities: Stst¢m¢nt of Reoomm¢nded Praoti¢e (SORP) applicable to Charities preparing their accounts in accordance with th¢ Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) second edition published October 2019, the Charities Act 2011 and UK G¢naralty Ac¢¢pted Pra¢ti¢e. Th¢ fmancial statements have been prepared on a 8OAng concern basis under the historical cost convontion Modifi to include Certain items at fair value. Fund8 UnreJtri¢tsd funda are income funds which are to be spent on the charity's g¢neral purpose. Deslgnllted fundi are unr¢seri¢t¢d funds that have been assigned to specific purposes R¢#trl¢t¢d fund8 comprise of two elements :_ a) income from trusts or endowments which may be expended only on those r¢stricted objects provided in th¢ ternis of the tntst or bequest b) donations or ants received for a 8pe¢ific object or invited by the charity for a speoific object. The fun.ds may only be expend¢d on the specific object for which they were givon. Any balance remainin8 unspent at the end of each year must b¢ carried fonyard as a balan¢e on that fund. The Church does not usually inv¢st separately for each fund. Where there is no separate investmcnL intcr¢st is apportioncd to individual funds on an average balance basis. Income Recognlllon Planned givin& collectiong and donations are recognised when r¢c¢iv¢d. Tax refunds ar¢ r¢cognised when the incomin8 rosource to which they relate is received. Grants and Legacies are accounted for when th¢ ¢hurch is legally entitl¢d to th¢ amounts dua. All other incon]e is re¢o8nised when it 18 reIV8b1e. All incoming r¢sour¢es are acwunted for gross. Expenditllr¢ Reeognltion Grants and donations are account for when paid over, or wh¢n award¢d, if that award creat¢s a binding or constructive obligation on the charity. Amounts received spe¢ifi¢ally for mission are dealt with as Testricted funds. All other expenditure is generally recOls¢d when it is incurred and is accounted for gross, 12
Revival Fires IYOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024 l. A¢countlng Polieles (eont) Governanee ¢oJts Include costs of th¢ preparation and examination of ststutory accounts, the costs of truste¢ me¢tin&8 and cost of any legal advice to truslees on 8overnance or constitutional matters. Tanglbl¢ fixed aasets for the by the ehureh and depreeiAtion Tangibl¢ fixed ags¢ts ar¢ stated at cost or valuation 1¢8s accumulatsd depr¢¢iation. Costs includes ¢osts directty attributable to nthking the &8set capable of operating as intended D¢preciation is provided on all tangible fAxed a&8¢ts. at ratsg calGulatsd to write off the ¢ost les$ estimated residual value. of each asset on a syst¢malic basis over its ¢xp¢¢ted useful life as follow8: Bajls Fre¢hold propety jtraight lin¢ Rate 2% EquApment straight line 25Yo 13
Revlval Fires NOTES TO THE ACCOUNTS FOR THE YXAR EIWED 31ST MARCH 2024 Incomt Total Funds 2024 Total Funds 2023 General Funds Restrlcted Funds 2a. Voluntary IDtoTne Offerings Glft Aid Tax Re¢¢ipts erl com Mlsc¢llaneous Incorne 224,631 51,897 36,210 7,077 260,841 58.974 240,679 54,464 7.241 14,OLX) 21,241 7,031 283,769 57,287 341,056 302.174 Charltsbl¢ A¢llvltks Conferences Meet And Greet Project Regour¢e Centre & Klng Cup 58.574 58.574 14.880 13.039 86,493 47.142 14,880 13,039 71.613 l5,055 62,197 14.880 3. Charltsbh A¢tlvltles Salarieg Mlnisty costs Worship and media Conference costs Resource ctre &Klng Cup Communlty activities Publiclty Youth mlnlsty Mlssion ¢08ts Trnvel ¢o$ts 199.234 24,657 6.887 19.706 6,310 186,329 16,457 4,588 26.446 7.821 3,206 3.286 606 39,986 399 1,522 5,551 74,352 2,215 Premises costs Insurance Meet and Greet Project Admlnistratlon costs Communicatlon costs Depr¢¢iatiOll Bank and credit chArg¢s Oovernance 62,337 5,931 14.037 15,057 4,760 19,204 2,358 3,280 469,792 37,609 5,309 9,792 4,736 19.181 3,998 3,540 373,289 (Not¢ 4) 14
Revival Fires NOTES TO THE ACCOUNTS FOR THE YEAR ENDED31ST MARCH 2024 4. Governgn¢¢ eosts 2024 2023 Statutory accounts preparation and Independent Examination Professional admin Fees 3,245 35 3,280 3,030 510 3,540 5. Staff Colts 2024 2023 Salary Costs Employers National Insurance before £SK Nl Govornment employment scheme Health Insurance ¢osts Pensions 177,789 166.781 11,052 4,323 6,070 199,234 10,192 3,931 5,425 186,329 Th¢ average number of staff employ¢d by th¢ Gharity during theèyear was 8 (2023: 7). Remun¢ration was paid to the minorAty of the trustees in the year (see note 12). No employees were paid £60,000 or more. 6. Net movement In fund8 for th¢ year The net movement in funds for the year is statsd after ¢harsing: 2024 2023 DepCIation of tangible assets Statutory accounts preparation and Ind¢pMdent Examination 19,204 2,950 19.181 2.750 15
Revival Fires NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024 7. Tanglbl¢ rued a8Jets for use by the Ch*rity 2024 Total Freehold Property Equipment Cost or valuation as at l April 2023 Addition8 for the year Disposals Cost or valuation as at 31 March 2024 59.086 909.379 1.095 968,465 1,095 59,086 910,474 969,560 Depreciation as at l April 2023 Charg¢ for the year Disposals Depreciation as at 31 Marnh 2024 57,097 994 213,727 18,210 270,824 19,204 58.091 231,937 290,028 Net book Value As at 31 MaT¢h 2024 995 678,537 679,532 Net book Value as at 31 March 2023 1,989 695,652 697,641 The Fr¢ehold building including the improvements need to be periodically revalued. The most recent valuation inelud¢d abov¢ W&s bosed on a valuation by K¢ith'Chapman-Burnett, of Chroma Chartered Suveyors North Warohous¢,The Do¢ks, Glou¢¢st¢r GLI 2FB. H¢ givos an open market valuo of £725,000. Th¢ valuation was dated 12th June 2017. If the land and buildings had not been included at valuation they would have been inGlud¢d under th¢ hlstorical cost convention follows: historic cost Convention &8 follows: 2024 2023 Cost A¢¢umulated depre¢iatlon 939,319 (338.926) 939,319 (319,722) Net book value 600,393 619,597 16
Revival Fires IYOTES TO THE ACCOUNTS FOR THE YLIRENDED 31ST MARCH 2024 2024 2023 8. Debtom Trad¢ Debtors Gift Aid Tax Refunds 319 3.939 4,258 279 4,642 4.921 9. BAnk and Cajh 2024 2023 Bank Accounts 334,089 334.089 347,073 347,073 2024 2023 10. Credltor8 amounti falllng due wlthln A year Trade Creditors Other Tax and NI Accruals 260 3,846 5,593 9,699 4,523 2,750 7273 17
Revival Fires NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST L(ARcH 2024 11. Fund Mov¢m¢ntJ Balan¢e 31103t23 In¢omlDg Ré8our¢ei Outgoin% Tranferj Resources Balanee 31103124 Restrleted CapltAI Building fund 108,536 108.536 Revival Chlldren ** 23.790 10,347 (11,500) 22,637 Ml$sSon General missions India Missions Ukrante South Afrlca Zimbabw¢ Children Emerging mi&8ion$ ** 540 540 *• 36,495 4.210 (51,739) (2290) IS,244 1,920 59 1,393 11,483 IS,395 59 296 8,959 9,854 4,447 l6,669 61,821 (3,350) (14,145 (71,524) 15,244 142,180 72,168 (83,024) 15,244 l46,568 Deslgnated Capital Building Balance Mission and Pr¢mis¢s 607.062 138,755 7,906 614,968 87?21
(51,434) Unre8trlct¢d General Fund 158,021 355.381 (386,768) 36,190 162,824 Total Funds 1,046,018 435,455 469,792 1,011,681 * The building fund reprcs¢nt5 th¢ value of ¢ontnl)utions after depreciation for the pur¢hase of the ARC Centre in Wolverhampton Str¢¢t. The s¢parate transfornvdtion centre fund is tho vaLu¢ of contributions for the refurbishment of the Warehouse that was undertaken tn 201212014. ** Revival Fires is funding an orphanage and School in North East India plus supporting local ministries. In addition to this the charity is committed to missions work overseas and makes regular trips to assist the local thurch in their mission. The trips to India hp4ve been separated out due to th¢ regularity of trips and the size of income and expenditur¢ related to them. In other years mission trips inGlud¢d missions to Europe. (in¢ludin8 Ukraine), America and South Africa were und¢rt8ken. *** Designated Funds as p¢r updatsd res¢rves policy, now includes the balanoe of £87,321 for (l) Mission £73,51 l and (2) Premis¢s in¢luding roof £13,810 18
Revival Mres NOTES TO THE ACCOUNTS FOR THE YL4R ENDED 31ST MARCH 2024 12. Related Party Trangacllow The constitution allows trust¢es to have employment contracts providing that those with employment ontracts do not forn) a majority of the trustees (Clause 6.1 of the Trust De). Employment Contracts T Bak¢r Part time employment contract S Bak¢r Part time employment contract 25,000 15,000 Trnste¢ Famlly Memberg R Baker Barnes Full time employment contra¢t A Bak¢r BarneA Part time ¢mployment contract 44,520 20,225 Employ¢¢ Benefits Provlded T&SBaker Health Insurance R and A Baker Barnes Health Insuran R Baker Barne8 Pen8ion A Baker Barne8 P¢nsion 3,199 1,169 1,876 i.01 I ExpeDJes T&SBakor Fllghts and expens¢s wer¢ paid for T and S BakeT in relation to UK and overseas ministry trip8 for the year £9,809 (£13,186 previous year) £431 travel expenses and mileag¢ was paid for the year to T Baknr for UK travel on bcholf of Revival Fires (2023: £236). Conne¢ted PerJon8 Mileag¢ was paid to A Baker Barne8 for UK travel on b¢half of Revival Fires totalling £827 (2023: £0). £2,815 was paid to Ryan and Anna Baker Barnes for travel and costs re ministy ¢onf¢r¢nce in Florida Aggregats Donallotts from Trustees In line with th¢ r¢quirem¢nt of Paragraph 9.18 of FRS 102 Ag8regate donations from truste. r¢latod and ¢ont partias (8 in totsl) arc of Iho ord¢r of £39,281 (cp £30,100 for 2023) All were re¢¢ived without conditions 19
Revival Flre3 NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31sr MARCH 2024 13. Prevlous years SOFA STATEMENT OF FINAP4CIAL ACTivrriES TOR THE YEAR ENDED 31sr MARCH 2023 Unryslrlc¢ed F¥ads Dmlgnated Funds R•Jirkted Fund• Mi&8lon & Building Funds Toll Fund¥ 2023 Gett¢Tal Funds Bullding Funds Not Investments 2.723 2.723 Donatlonj 275,114 27.060 302.174 Charltable a¢tlvitirA 2b 62.197 62.197 Total In¢om• 337.311 2,723 27,060 367,094 Charltable Aetfvltlei 333226 40.063 373289 Toll Exp¢odltur¢ 333,226 40.063 373.289 Net (¢xp¢ndltureyln¢om¢ 4.085 (13.003 2.723 195> Re¢onelllA¢lon of Fund¥ Tr*n•f¢r of thndi (11.245) 11.245 Total brought forward 153,936 604.338 143.939 1.052,213 Total fimds ¢arried forward 146.776 607,061 142.181 1.046.018