REGISTERED COMPANY NUMBER.. 04930T29 And Wales)
REGISTERED CHARITY NUMBER: 1100573
ort of the Trus￿¢5 and
taiements for the
l Decernber 20
Fin
ror
Revelation Foundation
Azet5 Audit S¢r¥'i¢es Limiied
Rcgistered Audiiors
Ashcornbc Courl
Woolsack Wa
Godalming, Surrcy
GU7 ILQ

Revelation Foundation
Contents of the Finan¢ial Statemenis
ror
h Year Ended
l December 2020
Page
Report of the Trustees
1 ¢06
Report of the Independent Auditors
7t09
Statement ot Financial Activitie5
10
Balan¢e Sheets
Cash Flow Statement
Notes (o the Financial Sthiemen
13 1023

Revelation Foundaii
rt of the Trustees
for the Y ar Ended J l December 2020
The trustees M,ho are also director5 of the charity pre5eDI their rerrf)rt %vith the financial siaiernents of the charilfv for the year ended
3 1 December 2020. The fipancial statements complv ii'iih the Charities Acl 2011, Ihe Companies Act 2006. Ihe Metnorandum and
Articles of A5S0Cl&tion, 8nd Accounting and Reporting by Charities.. Siaiement ot. Recomrnended Pra¢tice applicable 10 charities
preparing their accounts in acCOrd￿¢t wilh the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS
102) Ipublished October 20191.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Cotnpany number
04930129 (England and Wale51
Registered Charity numb¢r
1100573
Registered offit¢
Ashfields
129 Pr¢stbury Road
M2cclesfield
Cheshire SKIO 3DA
Trustees
l G Pettie
J Odell
P Darg- Chairman
L Petti¢
L Conder
A Tun - deceased
A Cr8lB- resigned 21 Oaober 2020
S Jayakrishna- appointed 27 January 2021
Company Secretary
l G Pettie
Chief Operating Officer
l G Pettie
Audltors
Azets Audit Services LimTted
Ashcornbe Court
Woolsack W8y
Godalming
Surrey GU7 1 LQ
SolieStDrs
Pearce Legal Lirnited
2 The Square
West Midlands B913RB
Bankers
HSBC ple
I VictOTia Road
Surbiton. Surrey KT6 4LF

Revelatton Found
orl ofihe Trustees
for the Year Ended 31 Decernb
STRUCTURE. GOVERiYANCE AND MANAGEMENT
Governlng document
The charity is Controlled by its goveming document, a deed ol-trust. and ¢onsiiiutes a limited cornpany-. lirniied by guarantee. &8
defined by the Companies Act 2006.
Revelation Foundation Kvas incortM)ratd as a company limited by guarantee on 13 October 2003. It Ivas registered as a charity on
6 Novernber 2003.
Recruitment and appoiiitmtnt of new trustees
The trustee5: I4,ho are directors lor ihe purpose of compan). law and for the purpose of charilv law, who served durine the period
of thi5 report: are set out on page l. There is a procedure for the recruitmeni and appoinEment ol. neiv Irustees: namely Ihat
notninations are received in Kvrilin8 by the current trustees, i%,ho then discuss and vole upon any nominations received. New
trustees are recogni5ed and aptK)inted by the currenL board in recognition ol'their contribution and value to the Charity. A turth
indcpendent trustee is being soughi lor the Board.
Induction and training of new tru$tees
All new tru5tee5 are given, in the view of the board. su￿1¢1¢￿[ Iraining and have enough knowledge of their specific field to
understand the nature ot the charity and fully ¢ornply wilh the eharity's objeciives and r¢sw)nsibiliiies.
Organisa¢ional strueture
The trustees are responsible for the strategic dire¢iion and policy of the charily. Day to day re5pon51bility is delegated to a
leadtrship team of three, which ¢onsisis of three trustees, one of i¥hoFn is the Chief Execuiive oificer ol- Revelation TV. The
founder. Howard Conder, is not a Tnjsiee, or part of the leadership ieatn. He continues to regulwly appear in programme5 On
Revelation TV.
Wider n¢twork
Revelaiion Foundation has set up tw'o non-profit organisations, namely Re¥elaiion A550¢iaiion in Spain and Revelation TV ID¢.,
in the United State5. They have been es(ablished with the same purpose and function as the Revelaiion Foundation in the UK.
A number of trustees of ihe Revelation Foundaiion are a150 trustees of the Revelation Associatio￿.
Rlsk m2nagement
The trustees have a risk tnanagemeni straie8) and ihe tru51ees regularl}. revieH- the risks thai the ¢harity may face. The trustees
¢on51der that the thariiy is exposed lo minimal risks. This situation is re8ularly rei'iei%'ed and existing sjstems and procedures
adequately mana8e such risks.
Publie ben¢fit
The trusiees have h&d regard to the Charity Commission statement on publi¢ benefil. and in particular. the spe¢ifi¢ guidance on
charities for the advancemeni ol. religion. Iii thi5 ￿SpecI i%'e ivant 10 record Ihal i¥e habe seen tnan!. lives changed through the
Christian message being proclaimed across the ielevision airiiaves. During ihe year. b), phone, texi and eniail. as i%'ell as by
personal visits LO the studios, viei¥ers have iestilied io the btne11t ol-the messages hEai-d on the TV SEation. P¢r50nal ￿l$liorS 10
the studio are invited to Share theET Story and spiriiual journey. If the). agree il is re¢orded i%'ith a vieiv to 5hoiving on the chznnel
at a future date.

Revelation F undation
ort of the Trusi
for the Year
nded 3 1 December 2020
OWECTIVES AND ACTIVITIES
Objectlves and aims
Th¢ objectives of the charity are the advaD¢ernent ol-christianily in the United Kingdorn and elS￿vh¢￿ by any rne8ns including
the preaching and pro¢lamation of the Christian Gospel and ihe teaching of Christian doctrines and principles and values. The
trustees consider these objectives are being lultilled Ihrough the prograrnmes thai are being made and brOadC￿t on Revelaiion
TV.
The TV station's main base is in Spain and the day to day editorial and tnanagemeni decisions are taken there by the leadership
tearn, under the direction of the truS￿e$. The TV station also operates a small studio and otfice in wmm¢r¢ial premise5 in the
London area.
Staffing volunteers
Revelation Foundation relies heavily on volunteers tor administration support 2nd pro8ramme presEnters and, due to Ihi5. Staff
costs are loii'er than they would be oiheri%'ise. During 2020: Revelation Foundation employed ihree siafi. in the UK after a third
person wa5 employed at the beginning of 2020. In addilion, there ivere live paid consultants in the UK ii,ho worked as required
for the TV station.
Significant activities
The Charitv ComtTrission investigation into the Revelaiion Foundation continued throughoul ?020. During 2020. the Irustees
sought the help of tw'o Members of Parliament and one member ol'the l.louse ol. Lords 10 bring the invesiigalion LO a Conclusion.
They also appointed a Ba￿lster ii'ith a view. to seekin8 a judicial reviem, ol. the Charli* Commi5510ll 5 handling ot. Ihe chariiy s
investigition. In October 2020: the Charity Cotntnission published their repoii on their invtsiigation ¥%'hich conlirrned there had
been no mismanagement of charity funds and no tr￿sLee had benelited linancially, other Ihan ￿'haI had been agrtted and declared.
Ai the date ol-this Teport. no further communication has been received Irom the Charity Cornmission
Since the autuinn of 2017. building M'ork has iaken place on the Revelation Iniemstional Centre. Ihe neiv headquarters and Siudios
for Revelation TV ID Spain. The centre 15 being built and ivill b¢ owned by Genesis 247 sl, a Spanish company-. wholly owned by
the UK ¢harity. Revelation Foundation.
The trustees decided when the buildino project first slarled that the cenire ￿0￿Id be buili iviihout anv debi. oi. bank ￿rrO￿￿'1ng.
Through the grace of God. and the lavour of 5upporlcr5. Ihai aim has been achiebe(l. It lias hoped Ihal the building i¥'ork i%'ould
be finished so th¢ centre could open early 20?0. The ¢ffe¢is of the global pandemic have caused a delay 10 the work and il is noKY
anti¢ipated the openin8 of ihe cenire M'ill be O¢tober 2021.
ACHIEVEMENT AND PCRFORMANCE
Charitable activities
The trustees are encouraged Kl'ith the extent of the Charitable aciivit1e5 being achieved by RevelaLion Foundaiion.
Revelation Tv's message is now available on FreevieKv HD, Sky. Freesat. Roku Box. Apple TV and the intemet. The increase
of ivays that people Can see and hear Revelation TV has enablcd the message ol'salvation through Chrisi. to wch rnore viei%'er5.
An 'app' is available for vieii'er5 to doivnload and ivatch Revelalion 'l'V 'on the go. on Iheir phone5 and ipads 2nd also ii'atch
'calch-up' TV for prograrnmes ihey might have missed. l-he use ol. Socldl media bv Ihe TV 51alion is increasing.
The purtmise of the charily is ihe proclarnation ot Ihe gospel ol-Jesus Christ. particularly Ihrough the medium of television, and
the trustees eonsider this has been tuifilled through the Christian l¢le*ision Programmcs produced and shown on Rekelaiion TV.
As Revelation TV'5 main studio and headquarte￿ is in Spain. the TV operates under a Spanish liecnce. This licence is in the
name of Revelation TV Europe SL. %¥,hich is a Spanish based ¢ompanv. The cosis incurred by Revelation TV Europe sl and
Revelation Association in operating the TV station in Spain. are cowered throunh graDlS made by Ihe Revelation Foundation to
the Revelation Association. ii,hich ow'ns the 5har¢s ID Revelaiion TV Europe SL.

Revel li
n Foundation
ort ofihe Trustee5
for the Year End d
l December 2020
Int¢rtE21 external fAetors
The trustees have made a full assessrnent of the intemal and external taclors that tnay aftect these linancial statemenis.
During the yeaT and since the year-end the TV station has been alTected. as most ol-the world have. i¥ith the coronaviru5 epidemi¢.
Thankfully the TV station ha5 been able to Tnaintain output. At one sia8e liv¢ pmgrarnme5 ivere sii'itched Irom Sp21n to London
.hi15t the Spanith studio had to close tor staff to Isolate. Live programm¢ output signilicantly increased to help vi¢￿'tr$ ii'ith their
'o￿leS, conce￿$ and SPiTTtual needs.
FUNDRAISINC
Our FundrAi8ing Approach
The ethos of our approach is that fundraising activities must reflect our value5 and should be carried out in a manner that the
public 2nd our supporters and funders K4'ould expect ot. Revelation TV - sensitiv& ¢ourieous. sincere and genuine.
We do not usc prole55ional lundraising agencies such as outbound teletnarkeiing agencies or tace to face 151reet fundraising
agencie5 to fundTaise on our behalf. We do noi use a bureau to handle inbound telephone donations and to call back people i¥ho
have texted us or oihernvise coniacted u5 in order 10 donate. All fundraising is done in-house by staft-2nd fvolunieers. Ivho H'ork
under the supervision of the management team. In vi¢iv of the elT¢cis of the pandemic. all tundrai5ing on th¢ TV station stopped
during 2020. Even so, vieK%'er generosity enabled the TV to tneei all its obligaiions without significant cut-ba¢ks.
Since the beginning of2020 advertisemenis for a free will service lor lega¢ies io the Revelation Foundation have been made and
are being shoivn on Revelation TV.
Fundraising Standards
A critical teature of 2020 ivas the implementation of GDPR and we look ihis as an opportuniiy 10 Teneiv our privacy notices: our
privacy statements and to ensure all supporters had and Continue to have an opportunity to revieii, Iheir relationship ii'ith
Revelation TV.
Fundraising Our Behalf
No extemal people or organisations are engaged in fundraising on behall-of The Revelation Foundarion.
Motlitoring of Fundraising
Tt 15 part of th¢ trustees and monagerneni team bricf to revie￿ the approach to tundraising and 10 seek 10 be sensltive in
the approach taken to raise fijnds. The lack ot-cornplaints is taken as a sign that Ihe right approath is being taken.
COMPLAINTS
There ii'ert no recorded complaints from members of ihe public io Ihe lundraising methods adopied by Revelation TV in 2020.
If a complaint K%'as received there 15 a cornplaints policy in place outlining Ihe corr¢ci procedure 10 thke to deal Ivith the Complaint.
PROTECTINC VULNERABLE PEOPLE
Be¢ause li'e do noi use external or 'profe55ional' fundraisers to fundraise on our behall-. we art very much in control of how
fundraising appeals are carried out.
Our supporters and the charitable givin8 public, are our lifeblood, and Ihc relationship ive have with our supporters 15 precious to
us. The ethos of our fundraisin8 is principilly based on ivhai i%'e feel it Is fair. ethical and appropriaie to ask for. Our corporaie
alues of inte4rity, accountabiltty, compassion and re5pe¢i are not only al the heart ofour mission as a Christian ielevision station
and charity, but are also the driving forces for the way in ii'hich i%'e I'undraise.

Revelation FouDda
ort of th¢ T￿SLee
for the Year Ende
l December 2020
PLANS FOR FUTURE
Revelation Foundation continue5 to 8ain momentum with supporters being able to access Christian programming 24 hours a day.
Continual work is being done. particularly through Social Media. to reach out to a wider audience.
At the titne of ¥irittng ihis repon, the i¥orld continue5 10 be in the midsi ol-a global yandernit. Revelation TV ha5 reswnded to
the crisis by ¢hanging its schedule and increasing Ihe number ol. live programMe5. The Sialion has seen a significant incrta5e in
viei%'ership durin8 this period.
As reported elseK%,here in thi5 report, the building and equipping of the new Revelation Ini¢rnaiional Centre has continued
throughout 2020. The trustees ii'ere hoping that the centre i%'ould open during 2020. Because ofthe pandemic, and the resultant
lockdoivn it is nokv anticipated this will be October 2021.
FINANCIAL REVIEW
The Revelation Foundation is pleased to receive funding from many individuals and organisations. Resources have been expended
on the continued running of the ielevision channel and progrdmme production: ii'hich has enabled the Foundation to continue the
advancernent of Christianity. Overall the charitv has experienced a good year trusts Ihat this ivill continue in fuiure year5.
RESERVES POLICY
Free unrestricted reserves at 31 December 2020 M'ere £966,117. We need reserves primarily to ensure continuity ol. Revelation
TV in the event of a large variation in income, also to spend on etneroencies. The level considered appropriate is £300,000
representing approxTmarely 3 months core operating expenditure. ThL extrd lunds held are to ensure the completion ol-the nekv
Revelation International Centre.
STATEMENTOF TRUSTEES RESPONSIBILITIES
The trustees114.ho a￿ 81$0 the direciors ot'Revelation Foundation lor the purposes of company laivl are responsible for preparing
the Report of the Trusiees and the financial gtatements in accordance ii'ith applicable lalv and United Kingdom Accounting
Standards (United Kingdorn Genetally Accepted Accouniing Prdili¢el.
Company laK%' requires the trustees to prepare financial siaternentS tor each financial period which give a true and lair vieiv of the
State of affairs ot the charitable compafty and of the incorning resources and applicaiion ol. re50urces. includin8 Ihe incorne and
expenditure, of the charitsble cornpany for thai period. In preparing Ihose linancial staiement5. Ihe trusiees are required to
Select suitable accounting wlicie5 and ihen appl). Ihem con5lSt¢ni5y;
Observe the methods and principles in the Charit¥ SORP.,
Make judgernenis and estimates Ihai are reasonable and prudent-
Prepare the financial siatemenL% on the going concern ba515 unle*s it is inappropriatc to presume ihai
the charitable company will coniinue in business.
The trustees are responsible for keeping proper accounting records which disclose ii'ith reasonable accuracv at anv tilne Ihe
rjnancial position ofthe Charitable company and 10 enable them to ensure Ihat the tinancial staietnents ¢Otnply %viih Ihe Companies
Act 2006. They are also responsible tor sate8uarding the asseis of Ihe charitable company and hence for takin8 reasonable steps
for the prevention and de￿¢tIon ot. fraud and other irregularities.
STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS
So far the trustee5 are aii'ai'e. Ihere is no re]L￿ant inlormalion las delined by Seciion 418 of the Companies Act 20061 of i%,hich
the charitable company s auditors are unaw'are. and each tru%tee has taken all the slep5 thai they ought lo have taken as a trusiee
in order to tnake them aware of any audit intormation and io esiablish thai the charitable company s audiiors are ai%'are ol-that
information.

Revelation F
ort of ihe Trnste¢5
f r the Year Ended 31 D
r 2020
AUDITORS
Azets Audit Services Limited are the Company's auditors and they have expressed their willingness to continue in that ¢apaciiy.
This report has been prepared in &¢¢ordance with the Stsiemeni ol. Recommended Pra¢iice'. Accounting and Reporting by Ch￿1t]eS
and in ae¢ordAnce with the Chapter 6 part 16 of the Cornpanie5 Act 2006.
ON BEHALF OF THE BOARD..
l G Pettit- Tru
DaEe'.

Independ¢Nt Auditor's Report to the MeTnbers #nd Trustees of Revelation Found#tion
Opinion
We have audited the financial statements of Revelaiion Foundaiion (the 'parenl charitable company'l and its %ubidiary
{Ihe'8roup'l for the year ended 31 December 2020 i¥hi¢h ¢otnprise the Group Statement of Financial Aaivities. the Group
and the Parent Charitable Cornpany S8lan¢e Sheets, Ihe Group Cash Flo¥v StdiemLni and notes to the financial siatemenls.
including a summary of significant accounting policies. The Iinancial reporting Irameii'ork that has been applied in their
preparation 15 applicable law and United Kingdotn Accounting Siandards. including Financial Reporting s￿ndard 102 The
Financial Reporting Standard applicable TH Ihe UK and Republic of Ireland (United Kingdom Gentrally Accepted
Accountin8 Practice).
In our opinion the financial ststements..
give a tTue and fair vieii, of the state of the group's and parent charitable company's affai￿ a5 ai 31 December 2020,
and of the group'5 incoming rtsources and application ot resources. in¢luding lis iiicome and expenditure, tor the vear
then ended.
have been pwperly prepared in accordance with United Kingdorn Gen¢Ydlly Accepted Accounting Practice. at)d
have been prepared in aceordance ivith the requirements of the Companies Aci 2006 and the Ch&ri(ies Aci 2011.
Basi5 for opinion
We conducted our audit in accordance %￿lIh Iniemational Standard5 QD Auditing IUKI IISAS IUKII and applicable law.
Ourresponsibilities underthose siandards are turther described in the Auditor 5 responsibilities for the audit ol-the financial
statements section of our report. Ive are independ¢ni of the group and parent charitsble ¢ompany in accordance with the
ethical requirements that are relevant to our audil of the Iinancial 5taternents in Ihe UK. including the FRC'S Ethical
Standard. and ive have fulfilled our other eihic31 re5pon5ibililies in aLcordance i4'ith these requirernent5. We believe thai
the audit evidence we have obtained 15 sufticient and gppropriate to provide # basis for our opinion.
CoDtlu$ions relating to going concer
In audiiing the financial siaternenis, Ive have concluded thai ihe trustees, use of ihe going concern ba515 of ac¢ouniin8 in
the preparation ofthe financial siatements is appropriate.
Based on the ivork we have performed, ive have not identified apy material uncertainties relaiing io evcnts or conditions
that, individually or colleciivel￿, may cast significant doubt on Ihe group'5 or parenl charitable Compan￿,5 abiliiy to
continue as a going concern for a period of ai least twelve monihs frorn ivhen the financial statements are authorised tor
l5sue.
Our responsibilities and the responsibiliiies of the trustee5 Iviih respeci to going concern are described in the relevant
sections of this report.
Other informalio
The other infomotion Comprises the inforrnation included in ihe trustees anDu81 repon. oiher than the financial s￿lements
and our auditor's report ihereon. The trustees are responsiblc lor Ihe oiher infortnaiion coniained i¥ithin the annual report.
Our opinion on Ihe financial statement5 does noi coi'er the other information and. except 10 the ¢xl¢ni otherii'ise eAplicitly
stated in our report, Ive do not expre55 any fortn of assurance conclusion Ihereon. Our responsibilily is 10 read the other
infortnaiion and, in doingso. consider ivheiher ihe oiher infortnation is maierially inconsisteDI wilh the financial staiemenis
or our knoii'ledge obtained in the course ol-the audil or oihcnvise appears to be maicrially mi5Stated. It. li'e identifv Such
rnaterial inconsistencies or appareni material misstaiemcnts. we are r¢quired to detei'mine ivheiher ihis gil'es rise to a
material misstatement in the financial staiemenis Ihemselve5. 1 I.. based on the i%ork i¥'e have perlomed, lie conclude that
there is a material misstatement ofihis oiher information. il'e are required 10 report Ihdl I'a¢i.

Independent Audttor's Report to the Member5 and Trustees of Revelatiotk Foundation
Opiiiions on other Tnatters preseribed by the CoTnp#nies Act 2006
In our opinion. based on the work undertaken in the course of the audit..
the information given in the tNstees' report lineorporating the directors. rewrtl for the financial year for which ihe
rin8n¢ial stAiements are Prepared is ¢onsisteni ivith the financial staternents.. and
the trustees. report has been prepared in aceordanee with applicable legal requiretnents.
Matters Ivhith we Are required to rèport by exteption
In the light of our knowledge and understanding of the group and parent charitable cornpany and its environrneot obtsined
in the coutse of the audit, we have not identified material m155taiemeDts in the direciors report.
We have nothing tts report in respect of the lolloiving matters in relation to w'hich the CompaniesA¢i 2006 and the Ch￿Ill¢S
Act 2011 requires us to repon to you if. in our opinion..
adequaie and sutTicient ac¢ouDling records have not been kept by the parent eharitable eompany. or returns adequate
for our audit have not been received from branches not visited by us: or
the parent Charitable company's financial statemenis are noi in agreement with Ihe accounting records and retums., or
certain disclosure5 of directors, rernuneration Sp￿l(led by law are not rnade. or
we have Dot received all the infortn81ion and explangtions we require tor our audit; or
the ll'ustees u'ere not eptitled to prepare the financial sthtements in accordan¢e iviih Ihe srnall companies regime and
take advantage of the small companies, exemptions in preparing the directors, report and from ihe requirement to
prepare a straie8ic reporL
R¢sponsibilities of trustees
A5 explaincd more fully in the trustees responsibilities statement sei oui on page 5. the tru5te¢s (who are also the dire¢tor5
of the parent ¢haritable company for the purFX)ses of company lai%'l are responsible for Ihe preparation ol. Ihe financial
strtemenis and for being satisfied Ihai Ihey give a Irue and fair view. and for such intcmal control &% the Irustees determine
is necessary to enable the preparation of tinaneial siaoments Ihal are fl'ee from material mi55ts1emeni, M,hether due 10 fraud
or error.
In preparing the financial staiements. the iru5tees are responsible lor a55essing Ihe group-5 and parenl ¢haritable company's
ability to continue a5 a going ¢oncem, disclosing. as applicable. matter5 relaied 10 going concern and using Ihe going
concern b&sis of accounting unless Ihe Irusiee5 eiihcr intend io liquidaic Ihe ?roup or the pareni Chariiable Compan￿ or
Cease operations, or have realistic alternative bul to do so.
Auditor 5 rt5pon$ibilitie5 for the audit of ihe financial statement$
We have been appointed auditor under Ehe CompaDi¢s Aci 2006 and rew)rt in accordance with this Aci.
Our obje¢tives are to obtain reasonable assurance about ivhether the financial statements as a whole are free frorn material
misstaiement, i%,hetherdue to fraud or error, and 10 i55ue an auditor's repori Ihal includes ouropinioD. Reasonable assurance
is a high level of assurance. but is nor a guarantee ihat an audit conducted in accordance 1% iih ISA5 IUKI ii'ill alii'avs detect
a material mis5taternellt ivhen it exists. Mi55taternents can arise trom I'raud or error and are ¢onsidered material if,
individually or in the aggregaie. they could reawnablj be ekpected to influenc¢ Ihe econotnic decisions of users thken on
the basis of these financial sialements.

Independent Auditor's Report to the Members and Trust¢es of Revelation Foundation
Auditor'$ responsibilities for th¢ audit of the financial statement5 Iconlinuedl
Irregularities. including fraud. are instances of non-compliance with laii's and regulations. We design proc￿￿r¢S in line
Yith our responsibililies, outltned above. to detect material rni5Staiemenis in respect of irregularities. including I'raud. The
extent to ivhid) our procedures are capable of detecting irregularilies, including fraud is detailed below
Based on our und¢rstanding of the charity and industry. i%'e identified that the principal risk of non-compliance with la¥i's
and regulaiions. We also obtained an undersianding of ihe legal and regulatory IrarDeii'orks ihai the charity Operat￿ in.
focusing on those that had a direci et'lect on tnaterial ligur¢s di5¢1osures in the linancial staiements, Ihe main
regulations considered in this context included the Compznies Act 2006. Charities Act 2011. FRS 102 and Charity SORP.
We evaluated the incentives and opportunities tor fraud in the financial stalements. including, but not IiFniied to. the risk
of override of controls, and designed procedures in response to these risks as follows:
enquiring of manaoerneni concerning actual and poiential litl8ation and ¢laims,'
perfonning analyti¢al procedures lo identify any unusual or unexpected relaiionships Ihai may indicate risks of
material misstalement due to fraud.,
testing ihe appropriateness of joumal eniries and oiher adjusiment5',
assessing ii,hether the judgements made in tnaking a¢¢ountin8 esiitnates were indicaiive of a poteniial bias, and-
evaluating the business r8tionale of any significant transactions that ivere unusual or outside the nornial course of
busine55.
We a150 cornmuni¢ated relevant identified laws and regulations and potential fraud r15ks ttt all en8agemenl team member5.
and remained alert to any indications of fraud or Don-eompliance with lai¥s and i"e8ulations Ihroughout the audii.
Because of the inherent Itmitations of an audit, there 15 a risk that we will not detect all irre8ularitie5. in¢ludin8 those
leading to a material misSLgtemenl in the linancial S￿lementS or non-compliance ii.iih re8ulation. This risk Incre￿¢$ the
more that compliance iviih 8 laK%' or regulation is removed Irom ihe e￿¢￿iS and transactions reflecitd in Ihe financial
statements, 85 ive ivill be less likely (o become 8I%'are ol- instances ol. non-cornplianLe. The risk is also greaier regarding
irregularitie5 occurring due to fraud rniher than error. as fraud involves intentional concealment, forgeryi coIIu5ion,
omission or misrepresentation.
A fuTther description of our r¢sponsibilitie5 tor the audit ol'the linancial siatements 15 local￿ on the Financial Reporting
Coun¢il's i%ebsite at.. Ivwii'.frc.org.uklaudilorsresponsibilities. This descripiion lorms part ol'our audiior s report.
Use of our r¢port
This report is made solely to Ihe parent charitable cornpanv's mernbers. as 2 tK)dy. in &¢cordance M'ith Chapter 3 of Part
16 of (he Companies Act 2006 and to the Charitable company's Irustees. a5 a bodv. in accordance ivith Part 4 of the
Charitie5 (Accounts and Reports) Regulations 2008. Our audit liork ha5 been undertaken so that we might state to the
parent charitable ¢ompany'5 rneTnbers and its trusEees those matters li'e are required 10 siaie lo them in an auditor s rtport
and for no other purpose. To the fullest extent permitted by la¥v. lye do not accept or assume responsibility to anyone other
than the parent charitable company and the parent charithble company's members a5 a body and the pareni charitable
company's irustees as a body* for our audit work. for this repon. or for the opinion5 Ive have formed.
Alex Temlett CA ACA cfA (Senior Stsiutory Auditor)
For and on behall'ol-Azets Audit Servi¢e% Limited
Statutory Auditors & Chartered Accountants
Ash¢ombe Court
Woolsack Way
God2lming
Surw GU7 ILQ
Dale

Revelati
n Foundation
Re
isiered Com
Number..
49
0129
olidated Statement of Financial Activit
foy the Year F.nded 31 December 20?0
land an
Wales
2020
Unrestri¢ied
Funds
?020
Restricted
Funds
2020
Total
Funds
2019
Total Funds
Notes
INCOME AND ENDOWMENTS FROM:
Donations and legacies
Other trading activities
Income frotn investments
1,887,261
401.076
2.288,337
2,279,151
110,386
83
27
Total income aJ]d endowments
401.103
2.400 252
EXPENDITURE ON..
Expenditure on raisin8 fvnds
Expenditure on charitable aciivitses
Expenditure on govemance
27.800
1.578.277
536
17,788
4),588
I,i78,277
23.536
46,693
1.73i,778
26.)43
Total expenditUTe
1.629,613
17.788
.647.401
1.807,014
NET INCOME
369,536
383.315
752,851
i82,606
Other recognised gain￿(lO$se8}
Unreali5ed foreign ex¢hang¢
227.293
170361
Net movement in funds
596.829
383,315
980.144
412.24)
RECONCILIATION OF FUNDS
Tot81 funds brought for%vaTd
1.876.691
3.083.673
4 960.314
4 548.069
TOTAL FUNDS CARRIED FORWARD
47
10

"Revelation Foun
Istered Com
Balan
heels
At
l December 2020
tion
an
Number.. 04930129
land and Wale5
Group
2020
Group
2019
Charity
2020
Charity
2019
Notes
FIXED ASSETS
Tangible assets
Investments
4.633,449
3.810.176
11.485
70?.911
18,958
702 911
12
463i44
810 176
714 396
CURREi¥if ASSETS
Debtors
Cash at bank
398.969
967.96)
375.708
842,430
4,230.429
961.947
3.499 ?99
712,178
1.366.934
.218,138
i.192,376
4,211,477
CREDITORS
Arnounts falling due within one year
14
68.000
iO.258
57.763
IYET CURRENT ASSETS
5.142 118
4.153 714
NET ASSETS
FUNDS
Unrestricted fund5
Restricted fund5
2.473,5?0
).466,938
1.876.691
3.083.623
2.389.i76
3.466,938
,791.960
3.083,6?3
16
TOTAL FUNDS
i.940,4i8
4,960314
5,8i6.i14
4.87i,i8i
The trustees acknowledge their responsibilities for
la)
ensuring that the charitable company keeps accounting records ihat ¢omply ￿1th Se¢iions 386 and )87 of lh¢
Companies Act 2006 and
preparing financial statern¢nts which give a true and fair view ot'the state ol-Jllairs ol'ihe charitable company as
at the end of each fiDan¢ial year and ot. its surplus or delicit lor each linancial year in aLcordance ￿'1th the
requirernent5 of Sectlons i94 and 39) and ivhi¢h oiheNiise comply with the requirements of the Cornpanies Act
2006 relating to financial statements. 51) far as applicable to Ihe ¢h8ritable company.
Ibl
These financial st8iement5 have been prepared in accordance wilh the special provisions of Pan 15 ofihe CorDpanies Aci
2006 relaiing to small charitable companies.
The finan
aternents ivere approved by the Board ot. Trustees on
..15.
and Ivere signed on its
- Trustee

Revelation foundation
isttred Com
an
Number.. 049i0129
Cash tIoii' 5tstement
th Year End￿ 3
land and Wales
mber 2020
2020
Group
2019
Group
Cash flow from operating activKtles:
Net cash provided by operating 2Ctiviiies
Cash flow from invt5ting gctivities:
Purchase of property* plant and equipment
967.387
1.099.157
8418)2
Change in ¢#sh and cash equivalertts in the
porting period
Cash aTrd cash equiv8l¢nts Ill the beginning of th¢
reporti]Jg peritsd
Cash and Cash e4uivalents at the end of the
reporting period
125,i3i
1659,7011
842.430
l.i02 131
842 430
Re¢orteillatlon ofnet ittcomel{expenditurel to net tgsh flow from op¢rgting activities..
Net itLtomellexpenditur¢l for reporting period las per
tht statement of fiDau¢isl getlVLtiesl
Depreciation Charges
Ilncrease)IDecrezse in debtors
(De¢reaselllncrease in creditors
Net CAsh provid¢d byl{used in) operatlllE aeiivitle5
980,144
18.579
123 ?611
412,245
67.9iO
617.276
967
9.li7
12

Revelat.
F undation
Notes to the Financial Statements
for Ihe Year Ended 31 December 2020
ACCOUNTIIYG POLICIES
Revelation Foundation is aprivate cornpany limited b) guarnniee. incorporated in England and Wales. The registered offi¢e
15 Ashfields, 129 Pre5tbury Road, Maccle51ield. Cheshire. SKIO 3DA. The principal ol'fice addre55 15 Calle Fuengirola
no14. Urb.Jardines de la Butiplaya Fase 2 L.ocal li. 29649 La Cala de Mijas. Mijas Cosia. Malaga. Spain. The nature of
Ihe charity's operations is set out in the Report ol-lhe I ru51ees. The TV 5tatiott's main base is in Spain and the day tts day
ediiorial and m2nagem¢nt decisions are taken there bv Ihe leadership ieam. under Ihe direction of the Irusiees. The TV
station also operates a small studio and offi¢e in commcrcial premises in the London area. The lease lor these premises
vas signed in July 2017 and the pretnises became operational in January 2019.
Accounting convention
The financial statements of the charitsblc cotnpany. w'hich is a publie benefii ¢Dtitv under FRS 102. h￿￿e been prepared in
accordance ivith the Charities SORP IFRS 1021 'AcLouniing 2nd Reporting by Charities- Statement ol. Recommended
Practice appli¢able to charities preparing their accounts in accordan¢e i%'ith Ihe Financial Reponin8 Standard applicable in
the UK and Republic of Ireland IFRS 1021 lissued in October 20191,. Financial Ileporting Standard 102 'The Financial
Reporting Stand￿d applicable in the UK and Republic ol- 5relaDd', the Charities Aci and the Cornpanies Act 2006. The
financial statements have been prepared under the historical cosi convention.
Group fJDglltIg1 statements
The financial statements consolidaie the results ol-the charity and ils wholl) oi¥ned subsidiaries15ee note l ?). A 5eparaie
Statetneni of Financial Activities tor the charil). iisell- is noi prrsented because the charitj ha5 taken adkantaD¢ ol. the
exemptions afforded by section 408 ot'ihe Companies Act 21KI6. The accounis ol'Genesis 247 SL have been con501idated
within these tigures at 31 Decembei. 2020.
Ineome
All incoming Fesout¢es are included on the Slaternent of Financial Activiiies ivhen Ehe charity 15 legally entitled LO the
income and the amount can be quaniitied i4'ith reasonable accurac>. The charity also b¢nelils fmm volunieer time frorn ils
founderand others. It is ttoi possible lo place a valuc on thi5 time therelore (his is noL included in the SLatement of Financial
Aciivities.
Expenditure
Expcnditure is a¢¢ounted for on an a¢cruals ba51s and has been classilied under headings thai aggregaie all Cost related 10
the category. Where costs cannot be directly attributed to particular headin8S the) have been allocaied 10 activities on a
basis consistent ivith the use of resources.
Tangible fixed assets
Depreciation is provided at the folloiving annual rates in order to wriie off each asset over its estimated useful life.
Plant and machinery etc.
16.70/0 and J3Vo on ¢051
Freehold land and buildings a￿ not depreciated Kvhi15t construction works are in progress.
Inve5tmertts
Investments represent invesLments in subsidiary undertakings. Ivhich are measured al cost less an). pennanent impaimient.
Foreign Currencies
Assets and liabilities in fo￿l8n currencie5 are Iranslaied into sterling at Ihe rates of exchange ruling at ihe balan¢e sheet
date. Transactions in foreign ¢urrencie5 are translated inl0 sterling ai the raie of exchange ruling &i the date of Iransaction.
Exchange differences are taken into account in 2rri*ing at the tsperaiing re5uII.
Taxation
The chariiy is exempt from corporation ta¥ on its charitable activilies.
Irretoverable VA T
The irrecoverable VAT on expenditure is shown separaiely in the Statement of Financial Activiiies.

Revelatio
ndation
Notes to the Financi81
tements- eonlinued
for the Year Ended 31 December 2020
OperAting leases
Rentals paid under operaung leases are charged to in¢ome and expendiiure as incurred.
Fund accouDting
Unrestricted funds can be US￿ Tn 8c¢ordanct with the charitable oi)jective5 at the discretion ot'the trustees.
Restricted funds can only be used for particular res¢ri¢ied purposes i¥ithin the objects of the charity. Restrictions arise when
specilied by the donor or when funds are raised lor particular re5tri¢ted purposes.
Further explanation of the nature and purpose of ea¢h fund is included in the noics 10 the finAllci81 staiement5.
Going con¢¢rn
The financial siatements have been preparcd on a going concern basis a5 the Trustees believe that no material uncertainties
exis(. In¢luding the impact of COVID-19, the frustees have considered the level of I'unds held and the e.xpected level of
in¢ome and expenditure for the 12 month5 from auihorising Ihese financial staiements. The budgeted income and
expenditure is sutTicieni with the level of reserves for lh¢ charily 10 be able to continue as a going concern.
D¢btor5
Short term debtors are measured at transaction value les% any itnpairmeni. Ai each balan¢¢ 5heei dai< debtors are a5se55ed
for obje¢tive evidence of irnpaiment. If an asset is impaired, the impaimient loss is measured as the difference betivttn
the ¢arrying 2rn0unl and the amount expected t() be receiked.
Creditors
Short term tr2de creditors are mvdsured at transaciion value. Oihcr finaD¢ial liabilitie5 are tne2sured iniiially #t fair value,
net of transaction costs. and subsequently ai amortised cost Using the el'fective inierE5t method.
Critical accouTbtiThg judgements and key $outtes of e5tiTnalion untertainty
No significant judgements have been made by the Trusiees in preparin8 these financial Statements.
DONATIONS AND LEGACIES
Unrestricted
Funds
Restricted
Funds
Total Funds
2020
Toial Funds
2019
Donations received from suP￿rterS
Legacies
Tax repayable
1.590.688
1??.680
l ?J.893
363.487
1,954,175
122,680
211.482
2,023.847
30,000
225.304
2019 Funds allocation..
Of the £2,023.847 donations received from Supporte￿ £1.488,9? l Ivas unrestricled and £534,926 ivas restricted.
Of the £30.000 legacies weived from 5UPPQrters £30.000 was unresiricted.
Of the £225,304 t&x repayable £177.208 Il'as unrestricted and £48.096 i%'as restricted.
OTHER TRADING ACTIVITIES
Unresiricted
and Total
Funds
2020
Unre51ri¢ted
and Total
Funds
2019
Hire of o]uipmenLluse of plattortn
91.740
110,386
Foreign exchan8e 8ain
20.148
14

Revelati
n Foundation
Note
t the Financial Statements- c
ntinued
f r ihe Year Ended 31 December 2020
INCOME FROM INVESTMEIYTS
Unrestricted
Funds
Restricted
Funds
Total Funds
2020
Total Funds
2019
Deposit account interest and dividends received
2019 Fund allocation..
Of the £83 incorne from investments received £)7 ivas restricted and £26 ivas unrestricted.
EXPENDITURE ON IUISINC FUNDS
Unrestricted
Restricted
Total Funds
20?0
Total Fund5
2019
Wages
Consultancy costs
Postage, printing & stationery
2,800
2.800
9,867
32.921
2,800
10,177
33.716
4,7))
9.876
2019 Fund5 allocaiion..
Of the £46,693 expenditure on raising funds £28,883 was unrestri¢ied and £17.810 i¥as restriaed.
EXPENDITURE ON CHARITABLE ACTIVITIES
Unrestricted and
Total Fund5
2019
Unresiricted
Funds
Toial Funds
2020
Wages
Training
Satellite, broad¢astin8 and other direct ¢osts
PremTsts eost5
Travel and subsistence
Computer expenses
Consultancy cosis
Subscriptions
Sundry expenses
Postage. printing & statTonery
Fund raising cos
Staff welfare
Telephone
Donaiions
Irrecoverable VA T and other tsxes
Deprt¢iation of planL machinery ei¢.
Insurance
83.517
83,)17
88,164
207
421,034
58,855
32,63)
17.969
94,524
4,154
l.oio
31,729
4),748
13.224
24.789
87,164
9.7iO
70)
32.921
45.748
l i,224
?4,789
87.1
9.750
705
32.921
19.884
478
22,061
851.702
2i,19i
62.9iO
1.223
340
16.6)8
1,184.289
340
16.6)8
1.184.289
23,403
18,579
18.)79
5.461
15

Revel
n Foundatio
Notes
the Financi
tatements-
ntinued
for the YeaT Ended 31 Decernber 2020
EXPENDITURE ON GOVERNANCE
Unrestricted and Unrestricted and
Total funds
Totsl Funds
2020
2019
Professional f¢es
Legal fees
Auditors, remuner&tion
Interest payable and Similar charges
6.822
7.167
1.900
9,000
8.476
9,000
7.714
INCOMEIEXPENDITURE
IncotnelExpenditure i5 Stated atler charging..
Total
Funds
2020
Total
Funds
2019
Auditors, remuneration
Depre¢iation- owned ass¢is
9,000
9.000
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees. remuneraiion or oiher benef51S for the year ended 31 December 2020 and nor lor the previou5 period.
Trustees, Expenses
Travel expenses amounting to £8.197 kv¢re reimbursed to 4 trustee5131 De¢ember 2019- £i2,827- 4 trusieesl.
io.
STAFF COSTS
2020
2019
Wages and salaries
There were no staff eamin8 more than £60.000.
Revelation Association provide and pay stal'f who work for Revelation Foundation. The cost is esiimated to be
£)i2,69612019 £)15,3921.
The key managetnent personnel ofthe Charity received remuneration of £47.6491?019_ £46,340).
The average number ofemployees analysed by funciion %va5 ￿ follows..
2020
2019
Charitable services
Fundraising
16

elation Fou
Not to the Finan¢ial Statements-
ntinued
for the Year Ended 31 December 2020
TANGIBLE FIXED ASSETS
Frechtsld land
and buSlding5
Studio, camera and
¢omputer equipment
To¢81
Group
COST
At l January 2020
Additions
Foreign exchange movernents
At 31 December 2020
3,791.218
611,100
219.646
4.6YI.964
983.394
4,774.612
622.206
219.646
5,616,464
994 500
DEPRECIATION
At l January 2020
Charge for the year
964.436
18.579
964.436
18.579
At 31 December 2020
98).Oli
NET BOOK VALUE
At 31 De¢ember 2020
4,633.449
At 31 December 2019
3 791 ?18
3,810,176
Studio. esmera and
coThpuÈer equipmetLt
Total
Charity
COST
At l January 2020
Addition5
871.297
871,297
At 31 December 2020
882.403
882 403
DEPRECIATION
Ai l January 2020
Charge for year
8)2.339
18.579
852,339
18,579
At i l December 2020
870,918
870,918
NET BOOK VALUE
At il December 2020
11,485
11,485
At 31 December 2019
18.9)8
17

Reve12tion Found ti
Notes to the Financial Statements- continued
for thr Year Ended 31 December 2020
12.
FIXED ASSET INVESTMENTS
Ch#rity
Shares in group
undertakings
fvIARKET VALUE
Ai l January 2020
702,911
At 31 De¢ember 2020
702.911
NET BOOK VALUE
Ai 31 December 2020
702,911
At 31 Decernber 2019
702.911
There il'ere no investrnent assets outside the UK oiher than shares in group undertakings.
The company's investments at the balance sheei dale in the share capiial of companies include the following-
R¢velgtion TV {Londonl Limited
Nature of business.. Dormant
Registered number.. 04572981
Clas5 of Share..
Ordinary
holding
100
2020
2019
Aggregate ofassas. liabilities and funds
18

lati
n Foundatio
N tes to the Finan
ial Statements- contlDu¢d
for the Year Ended 31 December 2020
Cen¢si$ 247 SL
Countr>. of in¢orporation.' Spain
Nature of business.. Chri5ti3D TV channel.
Class of share..
Ordinary
holding
100
2020
2019
Aggregate of assets, liabilities and funds
122
Incoming resources
26
Expenditure on charitable a¢tivilies
Governance costs
Total costs
37.872
3.i12
(Lossl for the year
45.4921
40,6JOI
13.
DEBTORS..
AMOUNTS FALLIIYC DUE WITHIN ONE YEAR
Group
Charity
2020
2019
2020
2019
Trade debtors
Oiher debtor5
Tax recoverable
Prepayments
109.128
239,774
29.98?
20,08)
109.128
193.824
29,982
20.085
217.880
33.78?
8.863
189.91)
i3.782
8.863
398,969
375,708
3)).019
347 743
AMOUNTS FALLING DUE AFfER ONE YEAR
Group
Chgrity
2020
2019
2020
2019
Amounts oi¥ed by group and associated
underVdkin8S
77.410
3.877.410
3.151.5i6
19

n F undati
Notes to the Financial Statements- continued
for the Year Ended 31 Decetnber 2020
14.
CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR
Group
Charity
2020
2019
2020
2019
Trade creditors
Social securiry and other t￿¢5
Other ereditOT5
25,866
18,554
15.505
30.946
13,925
23.129
23.238
15.832
18.802
15,505
59,925
68.000
50.2)8
15.
MOVEMENT IN FUNDS- UNRESTRicfED
Croup
Unrestrieted fund5
AtOI.01.20
Net movernent
in fund5
At31.12.20
General fund
Net movement in funds, included in the aLN)ve are as folloivs..
In¢orniDB
resources
Resourtes
expended
Foreign
currency
Movernent in
funds
UnrestrÉcted fund5
General fund
Charity:
AIOI.01.20
Net movement
in funds
Ai31.12.20
Unrestricted funds
General fund
Net movement in funds, included in the above are 8$ follows..
Incomin8
resources
Resources
expended
Movemeni in
lunds
Unrestrieted funds
General fund
2.181.737
20

Revelation Foundati
Notes to the Fin
ncial Statements- contin
for th Ye2r Ended 31 Decernber 2020
16.
MOVEMED4T Iiy FUNDS- RESTRICTED
Croup tharlty
Nei movement
in funds
AtOI.01.20
At31.12.20
Re5trict¢d fuvds
Building fund
Compassion Rwanda
Tot21 restricted funds
3,081,775
1.848
i83.315
3.465.090
Net movement in fund5. included itt the above are a5 folloiis:
Incorning
resources
Resources
expended
Movemeni in
funds
Restricted fund5
Building Fund
Towl restricted funds
401.loi
17.788
383.315
The Building Fund 15 a fund sei up to acquire land and build a new siudio.
17.
ANALYSIS OF NET ASSETS BETWEEN FUNDS
Croup
Unre5tri¢ied
Funds
Restricted
Funds
Total Fund5
2020
Tangible fixed assets
Current assets
Cash at bank
Current liabilities
.168.359
398,969
966.117
i,465,090
4.633,449
398,969
967,965
59.925
1.848
2.473.520
466.938
Charity
Unresiricied
Funds
Rtslriaed
Fund
Total Funds
2020
Tangible lixed assets
Investments
Currtnt assets
Cash al bank
Current liabilitie5
11.485
702.911
76i,339
960.099
11.485
702.911
4.230.429
961.947
3.46i.090
1,848
2.389.i76
3 466 938
6.514
21

Revelation Foundation
Note
to Ihe Financial StatemeDts- continued
f r the Year Ended 31 Decem
18.
RELATED PARTY DISCLOSURES
21. CenWry Television Limited la company in which Lesley Conder. a trustee, 15 a major shareholderl paid the Charity
£89,74012019.. £106.3861 in respect of br08dcasiing costs. £107.688 12019- £114,663) ivas oil'ed at the year end and is
included in trade debtors.
Elaine Pettie (daughter in lai¥ of Gordon Pettie a trustee} was paid £28,000 12019.. £28,0001 for providin8 bookkeeping
services to the chariry.
Bethany Conder (daughter of Lesley Conder a irusieel il'as paid £75012019.. NIL) for providin8 administration services.
Luke Conder Limiied (a company under the control of Luke Conder- son ot'Lesley Conder a Irusteel w&$ paid £NIL12019..
£28.2991 tor the provision ol'¢onsultancJ services.
Luke Conder (son of Lesley Conder a tru5teel Ivas paid £30,00012019.. £NILI for the provision of consul￿neY services
Park 3D Limitd la company under the conirol ot Jeremy Park- brother in law of Lesley Conder a trus￿) Ivas paid £3.840
12019.. £989) for the provision of consultancy seTrices.
During the year, broadcastin8 Costs of £NIL 12019: £389,334) were paid to Revelation TV SL a company connected by
directors in common. The balance owed by Revelation TV SL is £155,70612019.. £ l ii.7061 and is included in other debtors.
During the year, donations totalling £1.179,2i412019.. £844,973) Ivere paid lo ReNelation Association. a Lharity connec*d
by tru5tee5 in common. The balance owed by Revelation Association is £4,209 12019.. £4.2091 and is included in other
debtors.
19.
FINANCIAL PERFORMANCE OF THE CHARITY
The consolidated statetnents for financial acti￿1[1£5 includes the resulis ot'the charit} s ii'holly okvned subsidiarie5 (see nore
The financial performance for the charily altsne is:_
Unresiri¢ied
Funds
Restricied
Funds
Tothl Funds
2020
Total Funds
2019
Incoming reserves
1.999.149
2.400.252
2.389.594
Costs ot generating voluntary in¢ome
Expenditure on charitable activities
Governance costs
27.800
I,ii6.097
20.224
17.788
4i.i88
1,536.097
20.224
46.693
1.695.907
1584.121
601.909
Other gainslllosses)
182.588
187.)88
Net incoming resources
597.616
383.31)
980.9) I
501,670
Total fund5 brought forward
-791.960
-083.623
4.87i_583
4.37i.913
Total funds carried for¥vard
2 389 576
3 466 9)8
5856514
4 875 583
22

Revelati
nF und ti
Note5 to the Financial Statements- CODlinued
ror the Year Ended 31 December 2020
20.
FINANCIAL COMMITMENTS
Leasing Commitment5
At 3 1 D¢¢emkr 2020 the group had annual commitments under non-cancellable operatin8 le￿$ as detailed beloiv:_
Group
Charity
2020
2019
2020
2019
Opernting leases which expire
Within l year
Between l and 5 ye£r5
Over 5 year5
16,000
64.000
8.000
16.000
64,000
24.000
16,000
64,0(K>
16.000
64.000
24.000
The cost of operatin8 le￿e$ during the year was £16.00012019.. £16.0001.
21.
ULTIMATE CONTROLLINC PARTY
The trustees consider there to be no overall controlling party.
23