Charfty number: 1094843 THE REVIVAL CHURCH {TRC) UNAUDrrED TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
THE REVNAL CHURCH (Trc) coKrENTS Page Rof•r•nc• and admlnlstrallve d•lall8 of the chartty. Its Trustee8 and advl*w8 Trustees. report Indopondonl examlnefs report St•toment ot Iln•nelal actlvltla8 Balanc• •h••t NotM to th• Iln•n¢lal •i•t•m•nts 10-22
THE REVIVAL CHURCH cfRC) REFERENCE AND ADMWISTRATIVE DETAILS OF THE CHARrrY. Irs TRUSTEES AJID ADVL8ER8 FOR THE YEAR ENDED 31 MARCH 2025 Elena Ramos, Pastor Rulh Florerts do Leon, Tru8M• Leo Galnato. Tieasurgr Dip8sh J M Shah, TnKste8 Charfty r•gl8tar•d numbor 1094843 Prfnolyl offlc• 111 Leamlngton Crewnl South Harr+y Mlddlesex HA2 9HJ Aooountants GM8C LLP Chartered Tax Adv180rn a1 Accountant8 Marlno House 151 Western Road Haywards Heath West Sussex RH16 3LH Bankor• Naiwost 8ank 298 EOn Av•nu8 London W91WT Soll¢ltorn Fomian Welch & Bellamy8 23 Ld(MI Road Twithenham TW13SX Advlgorn A Ramos A880ciat8 Pastor Page 1
THE REVIVAL CHURCH ITrC) TRUSTEES, REPOltr FOR THE YEAR ENDED 31 MARCH 2025 The Trustees preSt thelr annual rewt together I1h the financial statements of the The RevNal Church (TRC) for the 1 Awil 2024 to 31 Klarth 2025. ObJwtlv•• and a¢tlvttl•• . Polklo• and obl8ctlve8 The rnaln objeclves tor the year contlnue to be thaarn8n1 of th8 Chrlstlan rellglon and educat1 In the Unlled Klngdom aThJ In such other parts ol Iha worfd as the tru8ta8s May Irom Ilm8 to tSme thlnk flt. In add111, th• Charity aim8 to wovtd8 SUF¥)Ort and asslstanca to W80ns in co11(6 of need or hardshlp Of who ar• ag•d or sick, in accordance vAth lis Objectes. In settlng oblecllves arKI plannlng for acfvltlos. the Trusl8es have gfven due consld8ratSon to general guldance publi8hed by the Charfty Comm1881on rolatltvJ io publlc bon8fit. In¢ludlw tho guld8 'Publk benefh: runnlThJ charity (p82)'. b. 8trategle• for achlavlng (JIlV We contlnue io 8no)urag8 more wtscipatK?n of every18adar of the dlffereni mlri81ri88 through leadlng prayers, doing exhortalM)n$ durlng the 21 days of lastlng and praypr at beglmlng of Yoar 2024, and leachlntysharkng the Word of G¢xI thrfna transmisslons. W• contlnuo to •ngag• mor• on praylng tor th• Pastoral car• n••d8 01 th• diff•ronl ¢haptarn. peopjo comlng to know Jesus as thoir Lord and Savlwr, Ihe gov8rnmenVroyal famlty, the 018 01 th• Unltad lQwth)m, and for nalon$ and nadonal leaders during this critKal Ilme. Thè ¢OntrSbuOn of volunteers Ss Invaluable and cr8at•8 Ihe malorlty of tho wDrkforce, as Ihey contlnually cont and •ncourap members lo attend onllne transml88lon8 a1 Zoom meellngs. A¢hlevwn¢nts and p•rformanc• . R•vl•w of In the bpglnniThJ ol the year, the18adership deGided to continue wth the mk88lon statement as goal: 'To deveknp AUthtIc. Relevant. Chrbtsn Communlty, where people Ilve kn rekfjonshlp whh God, encounter HIS ltte. ve and por, Ikiuflsh, and share that Ille wlth othors." The inltlalives taken last year are stll contknukng a8 they have prov8n to b8 twiffj Ifult whlch are: more partlclpation In each transmISs not (mly ot tho leaders trAJI membw3 as w811 evon from chapters wtslde Ihe Unlted KiNJdom. Th8 chLYch had conllnued to conducl the followlng trarwni88ions overy week: Mondays - leaders (Irom different chapters) meeling Tuesdass- Zoom Blbie stY and Pra Tlme Thursdays - Zoom Worship Team meelkng a1 rehearsa18 -Wprfes Fayer Time - Husband8 Prayer Time Fridays - Zoom Trarffjmlssion focussed on Interc888ion and PrayBr Sundays- Online rJaY Ser¥te Uve Transmlsslon only on the lasl Sunday of every month We contlnue to belleve that faith in God. transmissknn thS[ss)fkS arKI teachinwinsinK*K)ns from the Blble made the members become resilient. helwl Ihwn to wilhstand Stre adam lo chang8. and thriv8 in a rJisi& And also, the volurrteer8 have ntInUed to be very williNJ io help. Pag8 2
THE REVIVAL CHURCH (TrC> TRusfEES' REpowf (COlrnNUED} FOR THE YEAR ENDED 31 MARCH 2025 hlw•monts and performance (contInd) We telleve In the POV•r of connecting with people and tyjiiding a loving communily even in difficull and testing tlmes. The continuous meeting tryether, both onlne during the week and In the tlIdIng during Sunday services exceN for tho last &Jnday of every month. encouraged both the leaders a1 the membws lo be more Involved I the dlscusslons of evory18sson a881gned to thom. Thls gave the lor UB to 8UPPOrt and encourage one anothgr as we walk vith Jesus. However, with several m•mber8 either got marri or changed a(klr88888, the number of attendance has beon roducod. H¢8, the decrease in th8 &¥viryJ of tithes aNJ offerfThJs. W8 have the Maln Church Sn LoTrJon and a 8aidltte church in Ba8irvJ8lok0. Ihrog Satellile churches in Europo (Lund, Sweden: Lausanne, Swltzerland and Fk)ro, Norway) and salellfte churches (the second Is the newly opened The Revlval Church Pangasinan) In the PhlllFplnes. W8 hav8 appdrrted a new pastor for The Revlval Church Dda Costa, Caloocan Clty, Phlfippines who 1$ trom tho PronCe ol Tarlac. Ho 18 married and trrefore, a rnnted aLr¢)mmOdali1l8 bo1 provldod for h18 family. Herce, th• incrga89 of m1881on'8 Cost In the Phillpplne8. The envlronrnen cakstrophe arKI unusual happenlngs In Great aIn, In Eur¢)pe, and 8Jl around the wohj, the wars tn variou8 plac•s and the numljer of ca8ualti•8 a8 11 as 88vere sufferings of people around u8, the inc¥easSng disrespect to auifK•rlty fkjues, and the evldenl Increase of wickedness In our soclety, truly are a challenge lor us lo pray and do tha wlll of God while there Is st511 tlme. We need to work hard for the Word ol God to be preached b8cau80 n8 ar8 happ8ntng and polnling to Chrfst's secoThY comlng very pOn. We StrorYJly belleve hope and heallng Can bo recefved by aryone who knowledge of the truth of God's Word. We thank God tor the doors that ara opening for thè oEportunlty lo do His work. The board of Trustees have d8clded lo contlnue lo carry out the outreaches arKI mlssk)n worf¢, and the equipping of leaders In Maln Church as w911 as In the Satelllto Churches. We work whlle It Is stlll day for Ihe nlght ffmes when no one WIU be able to wo We strongly acknowladge the vatug of one soul lo Godl There are two full tlme employed wvrkers and one part Ime thls year. We had 15 UK volunteers durlng the Ilnanclal perlod. There arè no serloik8 incidents Ihat red to be brought to the attentlon of Ihe Charity Commlssion. In conduslon, the Board of Trugt808 and leader8 woukl Ilk8 to thank everyone for thelr prayers, 8UPPOrt, hard work and Or1r8gornon1 durfng th9 year, a8 we all ale8vour to conknue In the vlBlon and dlraction that God ha8 for us b. Inve•tm•nt pollcy and p•rlofm•nc• The Charlty has the policy of keeping any surUS Ikuld lunds kn short tem deposits which can be a¢1 readily shoukl the need arise. Page 3
THE REVNAL CHURCH (fRC) TRUSTEES. REPORT {ConNuED) FOR THE YEAR ENOED 31 MARCH 2025 Flnanclal revl¢w a. Golng con¢om After makino apprqxiale erquiries, the Trustees have a rea8onabl8 8XPeCtallon that Ihe charty has adequate resources to conllnue In operatbnal gxlsten¢e for the foreseeable future. For thls reason, they contlnu8 to adopl thè golng concem basls In preparfng ihe finandal statgments. Further del8lls regardlng ts adopfjon of the golng concern l)asls can bè found in the accounllng polides. b. pollcy The Chartty alms to Ixuld up r8s8rves of oqulval•nt lo years, not Income for the a(fvancemenl of Its c+IAaclv88. The r88erve8 pollcy WIU be remygd on annual basi8. StNcture. 9ovomanc• and Mw0nnI . Con•lllullon The Revlval Church (TRC) b a wlstored ¢harfty. numb•r 1094843, arbJ Is constited under a Trust deed dated 6 February 2002. b. Mothod• ol appolntm•nt or •l•ciion ol Tru•to•• Tha management of the charfty 18 the ra8pon8ibllty ol th• Tru8tts8 Ytho ar• alt¢d and cowted undar tha terms of the Tn1 de•J. Organl•atlon•l •tructur• and d•cl4lon-mklng pollel board of Trustees meets regularty (quarterly to yearty) arKI Is the d8dslon.maklng and govemirKJ boty of Ihe Charlty. Consultatlon, proposaLs, dedslons and plann5 must come trom the board and the flnal ImF48mentallon b done by board members arKI the dlfferenl mlnistrles. Proposals may come from the general olficws, In which case, Ihese proposals will be submitted to tho board of TnJ81888 for pFanning and approval. The board of Trustees wlll glve the plans and declslon8 to the general officers for Implementatk)n. Tho r08uIts of the Implementatlon wlll be submllted by the general ofliGers back to the board for evduallon. A regular meeihg of the board ot Tniste8s Is very Important. The ¢halr p8rson gfves th8 apnda and Iha board secretary must $88 ts it that the 4enda is glven out prlor to each meetlng. d. Pollole• adoptod for th• Inductlon and tralnlng ol Trugt• There aro five TrustwJ nam. Ms Althea Timoney, Mr Diposh J08e Mari Shah, MISS Ruth de Lwn. Mr Loo Gallnalo and Mrs Elena Ramos. New Truste8s are brleted on thelr legal obllgatlons under charlty law. ts contenl of the Respon$blty of Cha Twstess, the deeisbn makino Fxocess and recent finan¢lal perfoftnare of the Charlty. Page 4
THE REVIVAL CHURCH (Trc) TRU8TEES' REPORT {coKnNUED) FOR THE YEAR ENDED 31 MARC% 2025 structur govomance and nwHpment (con11n•d> e. Rl$k m•r•g•mMt The Trusteps have asseBsod the major tsks to which the charlty Is exposed, In partScular th068 related to Iha operatlons and finances of the tharity, and e satlsfted that SemS and w)ceduros are in place to mltlgate exposure to major rlsk8. In addtion, those responslblè lor the yOh mlnisty are CRB ehecked, as the Trusl conlinues to Iyarate a Child Protection Policy. There18 no more chlldran mlnlstry a8 lamlll8s wSth chlldren have Moved to new addresses or have Jc4ned other ¢hurcho8 ¥th bger chlldren minlsty. Pl•n• lor futur• p•rlod• Tho Truste88 have had regard to the guklance Issued by the Charlty Commlsslon on publlc b8nellt. So. we conllnue with last yaarfs plans of not only focu8ing on church 0W1h Ixjt algo 8earchiNJ n8w ways of reactwThJ out inlo th• local communily through 80Glal media, organi8lng feedg programme8 and food bank8, practical evangellsm and prar walks every Wednesday around London are& We a180 contlnue ¥%lth bthat we have 8tart&l Sn January 2023 lch are th• onlh• Husbands and 8eparatety the WIv88 Prayer Tim9 evgry Thursday. Thb b a r98uh of the church'8 21aY Fa8tlng and Prayor and proviTrJ to be very holpful for marrlages among61 tho (*urch membersl. Declarntlon Tre are no serk)u8 IncKlents that need tt) lyought to tho attantlon of tho Charfty Commlsthn. In conclusion, th• Board of Trustees and leader8 would Ilke to thank everyone for thelr pray8rn, support, hard wofk aThJ encouragemenl durlTrJ the ar, as all eFMleavour to ConnUe In the vk8kn and dlr•ciion that G(Kl has glven us. M•mb•r•' Il•bHIty The Members ol the charlty guarant•• to cte an wnount nol •xcwdlry £1 to th• assels of tho charfty In the event of wlnding up. Page 5
THE REVIVAL CHURCH (TRC) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Statement of Trusiees. responslbllltles The Trustees are responsible for preparing the Trustees. report and thè tinancial ststements in accordance with applicable law and United Kingdom Accounling Slandards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charilies in England & Wales requires Ihe Trustees to prepare financial statements for each financial which give a true and fair view of the state of alfairs of the charity and of its incoming resources ancl application ol resources, including its income and expenditure. for that period. In preparing these financial statemenls, Ihe Trustees are required to: select surtable accounting policies and then apply them consisterrtly; observe the methods and principles of the Charities SOAP (FRS 102); make judgments and accounting estimates that are reasonable and prudent., state whether applicable UK Accounting Standards IFRS 1021 have been followed, subject to any material departures disclosed and explained in the financial statements., prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charily will continue in business. The Trustees are responsible for keeping adequaie accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply wrth the Charities Act 2011, the Charity {Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the charity and hence lor taking reasonable steps lor the prevention and detection of fraud and other irregularities. Approved by order of the members of the board of Trustees on S o JLWj lo 16 and signed on their behalf by: Elena Ramos Pastor Page 6
THE REVIVAL CHURCH (fRC) INDEPENDEp¥f EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2tr25 Indapendont •xAmlnof• roport to th• Tru¥to•• of Tho Rwfval Chur¢h (fRC) h0 charfty) I raport trj the charty Trusteos on my examirwtion ot tha acc(xmts ol the charity lor the year ended 31 Mar¢h 2025. Respon8lbllltle8 and bA•lg of rnport As Ihe Truslee8 of the charity you are re8POn8ible for the preparati of the accounts in accordance wlth the requlrements of tha cha88 Act 2011 (Ih8 2011 Prf). I report In respe of my •x8mSnalion ol the charitys accounts carri1 out undw sedon 145 of the 2011 Act and Sn carrylng out my examination I have followed ts oppkable DlrectionB gIV by the Charlty Commission urxlgr section 145(5)(b) ol the 2011 Act. Indep•nd•nt •xonn¢l gtat•m•nt Your attentlon Is dr4n to the fact thal the charfty has prepar8d the accounts In aecordance wlih A¢countlng and Reportlno by ChaTiilo6.' Statemont ol R8comm•ndod PTactlco appltabla to charltios prepar5ng thetr accounts In accorda wlth tho Flnanclai Reporting Standard aFWlcable in the UK and Republic ol Ireland (FRS 1021 In efer8nce to the Accwnllng and Reporting by Charttl88: Slatement of Recommended Prnctlce i88ued on 1 Aprll 2005 whkh Is referred to In Ihe 8Xtant regulatlons has been withLtrawn. l underntand that thls has been done In ord8f for the acc%)unts to prov5de a and lalr vlthv In accdance with the Generdly Alaptl Accounllng Pracllce offectlve for reportlng perlods beglnnlng on or after 1 January 2015. I have complel•d rny examlnaiSM. I conllm thai no matters have conw lo rny attenlon In conneciton the •xamlnatk>n glvlry me u8 to bellove that In any mthrial reskwct: accounting record8 ware not kept In rosW of the charfty 88 required by aactlon 1 of the 2011 Act; or Iho accounts do not accord wSth th080 rewds; or the accounts do not comply the akyllcable rwuiremenl8 concernSrYJ ihe form and rnntent of accounts 881 oul In the Charttle8 (Acccwnts arKI Reports) R8gulalk)ns 2008 other than ary rgqulmment that the accounts glve a Irue and talr, VI Wh ts not a matter consklered a8 part ot an Independent examinatlon. I have no concem8 and hav• me aGr(788 no other matters In connectlon wlth the examlnalkn lo whlch attention 8hwld be drawn In th18 report In ordw to 6able a wrjper urKlerstarMYlng of th• accoun18 to bg re*8d. Thls report k8 made Solely kn ihe charitys Trustees, as a body. Sn accordancè wlth Part 4 of the charl•S (A¢rUnts and Reports) Regulations 2008. My work ha8 been undertaken so thal I might state to Ihe thaiitys Trustees IhX• matt•r$ l am requlred to stato to thom In an Independenl examlrnfs report and for no olher FMirpo8e. To the fullesl exleni perrritted by law, I do ae¢ept or assume responslbllty to anyone other than Ihe charity and the charitys Trustees as a ldy. for rny work or lor thi8 report. Signed: Graham Hol8 GMBC LLP Chartered Tax Advlsefs and A¢¢ountants Marine Hou8e 151 We8lem Road Haywards Heath West Sussex RH16 3LH Page 7
THE REVIVAL (>IURCH (Trc) STATEMEKf OF FINANCIAL ACTivrriES FOR THE YEAR ENDED 31 MARCH 2025 Re8lrfcted Unr8•trlcl•d lund• fund8 25 2025 TotAI fund• 2025 Total funds 2024 Note Ineom• Irom: Donatlons arKI legaclgs Inveslments 7970 79870 85,5T2 1,014 Total Ineom• 82,453 82A53 86,586 Expendlturn on: Charltthe actlvltss Olher Unallot•d 105 87054 87.7WJ 91,784 Totol •xpendlture 105 87,654 87,7 91.784 Net mov•m•nt In fund• (105) {5.201) (5W6) (5, 198) Raconclllatlon ol funda: Total funds broughl forward Nel movement in tund8 421 (105) 306.195 (5.201) 306,616 (5.306) 311,814 (5,198) T¢t•l lund• rrf•d forw•rd 316 300,994 301,310 306,616 Tho Statem1 of finandal actlvitl•8 IrrIJ0$ all gakns and1088es recognlsed kn tha yw. Tho note8 on page6 1010 22 form part of th080 flnartlal staiement8. Page 8
THE REVIVAL CHURCH (TRC) BALANCE SHEEr AS AT 31 MARCH 2025 2025 2024 Noto Flxed assets Tangible assets 10 2,531 3,375 2,531 3,375 Current a88et8 Debtors Cash at bank and in hand 11,113 291,776 14,321 291,877 302,889 306,198 Current Ilabllltles Creditors., amounts falling due within one year 12 {4,111> {2.957) Net current assels 298,778 303,241 Toial assets less current Ilabllllles 301,309 306.616 Tthal net assths 301,309 306,616 Ch8rlty funds Restricled funds Unrestricled funds 13 13 316 300,993 421 306, 195 Total funds 301,309 306,616 The financial statements were approved and authorised for issue by the Trustees on and signed on their behalf by: Elena Ramos Pastor The notes on pages 10 to 22 form part ot these financial statements. Page 9
THE REVIVAL CHURCH (Trc) NOTES TO THE FINANCIAL STATEPIJEMrs FOR THE YEAR ENDED 31 MARCH 2025 G•nernl Infornwtlon The Chartiy 18 reglslered th tha Charty Commls8kJn for ENJland and Wal88 number 1094843. Tho Charlty8 FyInal olllce addrass18 111 LoamiTrJtcn Crescont. South Harrow. Mkldlesex, HA2 9Fkl. AluntIng pollcle• 11 Buls of preparaiion ol Ilnonclal •tat•m•nt• Tho flnandal statements have been prepared In aGGordance wlth the Charltles SORP (FRS 1021- AGcountlng and Repong by Charths: Statement of Recommended Practlce appllcable lo charltles preparing ih8lr a¢xounts In accordance with Ihe FlnarKyal ReportirwJ Standard appficatle In lh8 UK and Republlc ol Ireland (FRS 102) (effectlve 1 January 2019), the Flnancial Reportlng Stathrd applkthe in the UK and Republtc of Ireland (FRS 102) and tho Charlties Acl 2011. The Ilnandd statements have beon prepared Io glv8 a 'trug and falr, vlew and have dopartod from tha Chwllles (Accoun18 and R8poIts) RogallOn8 2008 onty to the extant requlred to prode a 'lru8 and fair, view. This dopartur• has involved follothrfng the Charitie8 SORP (FRS 102) publlshed In Octobor 2019 rather than the AcmunllNJ and Reporting by Charille8: Slatement of Recornmondl Practke effectSve Irom 1 2005 whlch ha8 slnce been wtth(trawn. The Revlval Church (TRC) ma•t8 th• dofinltlon ol a Publ b•n•flt •nilty und•r FRS 102. A$88ts and Ilabllltiés arè Initially rKogn188d at histOrk cost or transacfjon value 1088 otherwise stated In the relevant a¢¢wnnG poucy. 12 In¢om• All Incom• Is rwnlsed once ts charlty has lI1nent to the IrKX)me, It [8 probth thai th• IrKome wlll be r•cdvod and Iho arnnI of Income recolvable can be measured r•Uably. Grants are InG1led In the Statwnent of fInala1 actlvlt106 on a recatv*)le basts. The balarth ol Income rethed l¢x speclflc purposes tt not exponded durfng the perlod Is shown In the rd8vant funds on the Bala[e sheet. Where IoMe Is recelv8d h thnce of entltlement of recèlpt, Its recognltlon Is daferred arKI Inciuded In creditors as deferred Income. Where entillement occurs befor8 ineomg b recelved, the Income 58 acuued. Income tax recoverablè Sn r•lation to Inve8tment Income Is recognlsed at the tlrne the IIw•8lmfjnt Income Is ceIvable. Page 10
THE REVNAL CHURCH (fRC) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pol1¢• (¢ontInu) 13 EndItUr• Expendlture Is recognlsed once there Is a gal or constnth obllgation lo transfer ecorK)mlc b@1 lo a ltrtird paty, il is probable that a transf8r of econtynic bonefits will be iequired in settlemenl arKI the amount ol the obllgation can be measurod r•ll. ExpThdltur• 18 classllled by tlty. Expanditure is accounted for on an aixruals basis and has been includ&S undor expew categorfes that aggregate ail c08ts for alocalSon to xllvitles. Where wsts cannot be diroGtly attribut•d to partlcular actlvltlas they have been allc¢ated on a basis ccffjslstent with the use of the resourGos. Exp8ndlture on charltable actlvllte8 18 incuffed on dlre&ty uThJ9rtaklrKJ the actfvllle8 whlch further the charltys oblecllves, as 11 as any assoclaMI Costs. All exp8ndltUrn 18 lrtlu8iv• of irrthorablo VAT. 14 Int•re8t rocelvabl• Interest on funds held on deposlt Is Induded vthen recefvable and the amount can be measured reliably by charity; Ihis is nomally upon notatiOn ot the interest paid or payable by the Insiitution with whom thè funds deposited. 15 Tanglble I1x and dapmclollon Tangible flxed assets costlng £NIL or more are Capltallsed and recLvJn15ed fvlur• •coMmlc benafil$ are probaL4e arKI Ihe co81 or valu8 of asset can be measur8d rdlably. Tangibh fix$d a68•ts are Inltlally rocognl8od at ¢o$t After reoognttlon, under tho c06t mod81, tawiblo flxed assets are me&wred at cost loss accumulated depreGiatk)n and any aCCumat0d Impalment los8es. All costs incurred lo bring a lanwble fixed a88et into Its intended working condlllon shId be SnCl(Kll Sn the measurement d ¢ost. Depr8clatlC#l 18 charged 80 a8 10 allocate the co81 of tanglbl• fixed a880ts1888 reskjual value over thelr estlmated u8elul Ilve8. . Deweclallon Is provlded on the follong ba: Flxturos fftllr - 25% reduclng ba 16 O•btor• Trade and other debtors are rec0{8td at the 8ettlement amount after trade discount offer&d. PrepaneI5 are vdued at the amount Fyepaid net of any trade dlscounts duo. 17 Ca•h at bank arml In IK•nd Cash at bank and in harKI includes cash and short-term hlghly Ilqukl Investrnents lth a short maturfty of thro0 month8 or tess Irom the date of wui8Kton or op8nlry of the deposit or rn11 ar accot. Page11
THE REVIVAL CHURCH ITrC) NOTES TO THE F•4ANCIAL STATEMENTS FOR THE YEAR ENDED 31 IAARCH 2025 Ac¢ounlkn9 pollch8 (conllnuod) 18 Llablllllo8 •nd provlslons Llabllllles are iecognlsed there Is an oblth)n at th• Balance 8hoel date as a resull of a pasi event. it Is probable that a transfer of e(x)nomic benefft wlll be requlred kn 8etdemerrt. arKI the am¢xml of the set#ement can be esllrnated reliably. Liabilit189 are recogn11 at lh8 amounl that the charlty antictpates it Vryll pay to 8ettle the d•bt or the amount it ha8 recelved as advancad payTnent8 foff the goods or Servicas It muat provide. Provlsli)ns aro measured at the best estnate of the amounts requlred to setue Ihe oblalon. Where the effect of the time value of money Is materfal, the provision 18 based on the pres1 value of those amounts, d18count8d at the Fyo.t&x d18count rate that reflects th8 rth8 8p8cific to the Ilabllty. The unwindlng of the dlscounl Is r•(xJgnlsed kn the siai8ment of flnandal acM106 as a flnanc• cost. Z9 Fln•nclal In•trum•nl• The charlty onty has flnandal assets and Ilnanclal Ilabllltlés ol a klnd Ihat qulty as baslc flnanclal Inslruments. Basic finanixal Snstruments are Inilialty recooni8ed al tran8actlon value and 8ubsaquantly m8a8urod at thelr 89ttlemenl value with the except5on of bank loan8 whrch are 8ub88quéntly measured at amortlsed c06t U8lng Ihe effectfve Intwest method. 110 Fund accountho General luThJs are unresirkted fund8 whlch are avallable for usè at th• dlscretlon of the Trustees In furtherance ol th8 ganaral objèclives of the tharlty and which havo not boen d08ignated for other D881gnated fu18 cornprls8 unrestrlcted lun¢ts Ihai have boen aslde by lh• Trustse$ for partlojlar puls8s. Tha alm and uge of each deslgnaied fund Is set out In notes to the finar statements, Restrlcted funds ar? funds whth are to be used In acctydance wlth spo¢lflc re8tricoor Imp08ed by donors or whkh have been ralsed by charlty for partkuLqr wrposes. costs ol ra181nG and Jmlnlslerlng SLKh funds are diarged agalnst Ihe specrftc fund. The aim and use of each r8gtrlcted fund18 8et out In tho rK>te810 the ftnancial 8tatements. Investsnent Incom•. gain8 and loss are auocatod to ttr* appropriate fur. Paoe 12
THE REVIVAL CHURCH cfRC) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2tr25 Ineom• from donAllon• •nd l•g•cl UnM•trfctad funds 2025 TotAI lund• 2025 Total funds 2024 Donallons London donatlon8 London offerfr Baslngstoke off•rings Basingstoke dOnaOn Gift ald recovwed Tlth•8 44,942 4442 50J79 Z34 97 10,103 14,320 7,000 11,082 7.000 11A162 BasitYJ8loke tilh London tith88 Sweden tlthes Nonvay tithe8 373 6,997 12.559 830 2.840 12159 830 1840 2,737 8ublotal d•tall•d dl•olo•ur• 79,969 79*69 85240 DOnaon9 Grants othor 333 (1) sublolal Total 2025 79,970 79970 85,572 Total 2024 &5,5T2 85,572 InvMtm•nt Incom• Unrestricted fund8 2025 Totsl lund8 2S Totgl funds 2024 Bank Interest 1483 1.014 Page 13
THE REVIVAL CHURCH (TRC) FOR THE YEAFI ENDED 31 MARCH 2025 Analygls of •xp•ndltur• on eharllabla actlvltl88 Summary by lund type Ro•trfcled Unrngtrfcled lund lund• 25 rotal 2024 2025 Acfvancemem of the cftsllan rellglon Other 105 87,654 87,759 91,784 AMly•l• of up•ndllur• by acllvlYo8 Actlvltl•s undortakon dlreclly Support Total fund• 2025 Total lunds 2024 2025 Ad¥anc•mant of Iha Chrf8tian religion Other 72202 16,568 87,760 91,784 (i) Tot812024 76,162 15,621 91,783 Page 14
THE REVIVAL CHURCH (fRC) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2tr25 Analy818 of •xp•ndltur• by &ctlvltla• (eontlnued) Analys18 ot dlroct co•t• nt of the Chrfgllan rollglon 2025 Tot fvnds 2024 fund• 2025 Slaff ¢08ts Hail renlal Food •xpgn808 Travel and ammOdatIon Europ•an satelllte exp8n888 Baslngstoke expgnse8 Phlllpplnes mi88ion ¢08 Evangell¢al events Sundry equlpment Teaching malorlals Tralnlng and course f•es Benevolent and assistar¢e glfts 33,800 7,338 1,926 2,285 1,601 9,854 10.031 1,257 785 181 1,593 1,771 33,8fy) 7.338 1,928 2,265 1,601 9.654 10,031 1.257 785 181 1,593 1.7n 8,623 1.460 2,917 2,340 10.205 9,743 1.725 547 1,517 2,149 72,202 T2302 76,182 Page 15
THE REVIVAL CHURCH (Trc) NOTES TO THE FINANCIAL STATEMETrTrs FOR THE YEAR ENDED 31 MARCH 2025 Analy818 ol expendlture by actlvltles (¢ontlnu• Anakn ol wpport eo8t8 Advanewno nt ol tho Chrfstl•n r•llglon 2025 Tot•1 fund• 2023 Tot81 fvnds 2024 Staff ¢o$is OepTecia MI8C8llaneou8 •XP8n$88 PrlntlrKJ and Ststion•ry Telephon8 Computer costs Postaae Insurance PubllcltyllT Accountai 9,620 9.620 9,805 1,125 875 211 1,840 278 31 792 231 1.720 792 231 1.720 754 7S4 174 1.074 1.128 1,128 15,558 IS56 15,621 Indepondfrnt •xamlnofs r•mun¢ratlon 2025 2024 Fees payable to the chartys Indopendent examlner lor the IndeporKlent examlnatlon ol ts charllY8 annual accounts Fees payaN8 to the chartys )nd8pendent examkner In respect ol: All other garv0$ not indud•d above 504 624 570 Page 16
THE REVNAL CHVRCH ITrC> NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 25 2024 43h20 44.255 The av•rag8 number of p•r60r6 •M0yed by the charity durlro the year was as folm: 2024 Past¢XS Admlnlstrodon and mln18try No emplo rttelved remuneratton amountlng to more than £80,000 In elther year. TvU•t. romurnraiion and expen•e• 2025 2024 Elena Ramos DIp88h J M Shah ReMLall0n R•munwatlon 20AOO 9,620 21,2LXI 9,805 Durlng the year 8nd•d 31 Marth 2025 rK• expenses wero relmbursed or pald dlrectylo Iho Tri*tses. Page 17
THE REVIVAL CHURCH (Trc) NOTES TO THE FWANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 10. Tanglbl• flx•d au•l8 Flxtum and Ilttlry• Cost or valuotlon At l April 2024 28273 At 31 March 2025 283n DopY•¢latlon At 1 Aprll 2024 Charge for the >•ar At 31 March 2025 25.742 Not book Value At 31 Marth 2025 1531 At 31 M*I2024 3,375 11. Dobtorn 2025 2024 Du• wfthln on• yèar Tax recorabIa 11,113 14,321 11,113 14.321 Pag8 18
THE REVIVAL CHURCH (Trc) FOR THE YEAR ENDED 31 MARCH 21Y25 11 Crodltorn: Amount• falllng du• wtthln on• yr 2024 Other laxatlon and 8odaS sacurity Other credltors Acewals and deferred kncome 784 1,071 1256 749 1,134 1,074 2,957 P4e 19
THE REVIVAL CHURCH (fRC) NOTES TO THE FINPJICIAL STATEMEKrs FOR THE YEAR ENDED 31 MARCH 2025 13. Ststemont of lund8 statonI of funds. ¢urr•nl y•Ar Balance at 31 March 2025 Balan at 1 Aprfl 2tr24 Ineorne Exp•ndlturn Unmtrtctsd luhd* Dl9That0d lund• Capltal fund Qonornl lund• Genaral Fund8- all lun( 305,995 82.452 (87,654) 300.793 Tot•1 Unr••irf¢tsd fund• 306.195 82A52 (87,654) 300,993 Ro•lrfct•d lundo Restrlcled Fund8 - all lund8 421 318 Total of lund8 306,616 82A52 187.759) 301,309 Page 20
THE REVNAL CHURCH (Trc) NOTESTO THE FINMICIAL STATEms FOR THE YEAR ENDED 31 MARCH 2025 13. 8tat•ment of lunds (contlnuad) siatement of lund• - prfor year B818nce Al 31 March 2024 Balance al l AkY1120Z3 Exp8ndlture Unrnatrlethd funds D••lgnat•d Capftal lund 200 Gen•ral lund8 General Fund8- all funds 311,050 86,587 1,6421 305,995 Total Unrn•trlct•d fuThl• 311,250 86,587 (91,642) 306, 195 A•8trfctod fund• Restricted Fund¥- all lund8 (141) 421 Toial of lund• 311,812 86,587 (91,783) 308,616 Akn and use of the restrlcted fund." The Apple Mac8ook Alr fund was 88t up In a prior year with a Norway tlthe donaiion. The donaiion was speclflcally used aoaln81 the purchase ol an Appl8 MacBook Air eomputor. This assat has been capitalised and the charge In Ihe year felates to dyeclatton. Page 21
THE AEVIVAL CHURCH ITRC) NOTES TO THE F1MCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 14. Analy818 ol n•1 •M•t• bth••n lunds AnaWl$ of net 0880ts be88n lunds. rrent year R•8trlclad Unrn8irlctsd lundg lunds a125 2025 Total lund 2025 Tanglble flxed assets Current a888ts Crodiiors tthln on• year 316 2.215 )2,889 14,111) 2A31 (4,111) Total 316 SJO,993 301.309 Analy818 of •MOts be¢•n funds. prlor y•ar Re8lrict8d Unrn8trkt8d lunds 2024 Tot81 lund8 2024 2024 Tanglble flxed assets Current a888ts Cr8dltors due ¥Mthin on• year Olher unallocated 421 2,954 306, 198 (2,957) (1) 1375 806.198 (2,957) (1) Total 421 306. 794 306,615 Page 22