REGISTERED CHARITY NUMBER: 1117369
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED S APRIL 2024
FOR
THE REVERE CHARITABLE TRUST

THE REVERE CHARITABLE TRUST
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024
Paga
Roport of tho Trust¢¢s
Report of the Indepondent Audltors
Stat•m•nt of Fln•nclal Actlvllles
Balance Sheet
Cash Flow Stat•m•nt
Not•s to th• Flnan¢lal Statemonts
9 to 15

THE REVERE CHARITABLE TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 5 APRIL 2024
The trustees present their ￿pOrt wrth the financial statements of the charity for the year ended 5 APRIL 2024. The
trustees have adopted the provisions of Accounting and Reporting by Charibes.. Statement of Recommended Practice
applicable to charities preparing their accounts in accnrdance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland IFRS 102) {effective 1 January 20191.
OBJECTIVES AND ACTIVITIES
The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidan¢e on
public benefit when reviewing the charity's aims and objectives and in planning future activities and setting the grant
making policy for the year.
The object of the charity is lo supwrt such charitable purposes as Ihe trustees in their ab501ute discretion from time lo
time think fit.
The charity is dependenl on the receipt of donations. subscriptions. covenants, sponsorships, legacies and other gifts.
Grantmaklng
The Iruslees make granl payments against specific Criteria set oul by the trustees in accordance with the chaflty's
objectives.
ACHIEVEMENT AND PERFORMANCE
During the year, the charity had total incoming resources of £267,784 12023.. £303,925) and made grants of £5.200
12023.. £380,200) to 2 projects with donalions of £200 and £5,000.
FINANCIAL REVIEW
InVestn￿nt policy and obje¢tive$
Under the Trust Deed, the trustees have power to invesl trust moneys in the acquisition by purchases or otherwise or
upon security of such property of whatever nature and wherever situated as the trustees shall in their absolute discrelion
Ihink fit.
Reserves policy
The FX)li¢y of the trustees is lo maintain significant reserves lo provide the income and gains required to meet the
trustees. proposed level of grant payments. In this connection the funds representing the rese￿eS are invested with a
view to generating income and gains without exposing the charily lo undue flsk.
FUTURE PLANS
The trust's aims for 2024-2025 are to continue to make granls in pursuance of the charitsble objectives.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The Revere Charitable Trust is constituted by deed of trusl and is a registered charity, No. 1117369.
Recruilment and appointment of new trustees
The power of appointing a new trustee and of removing a Iruslee is vested in a majority, for the lime being, of the
trustees. Recruitment is undertaken as necessary through the idenlrfication of skills gaps as trustee level.
Induction and training of new Iwusteès
There is a process of induction for new trustees which includes meetings with current trustees and the provision of key
information.
Page 1

THE REVERE CHARITABLE TRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 5 APRIL 2024
REFERENCE AND ADMINISTRATIVE DETAILS
Reglslered Charlty number
1117369
Prfnclpal addrass
Westbury Farmhouse.
West End,
Ashw811, Baldock
Hertfordshire
SG7 5PJ
Truste•s
R J Willmoll
P Daniél
C Cripwell
Audltors
Azets Audit Services
Statutory Auditor
2nd Floor, Regis House
45 King William Street
London
EC4R 9AN
Bankers
Coulls & Co
440 Strand
London
SN11 OPZ
Sollcltors
Collyer Bristow LLP
Sl Martin's Court.
10 Paternoster Row,
City of London,
London
EC4M 7EJ
Inv•$tm•nt Advl$or•
Walker Crips Stockbrokers
Old Change House
128 Queen Victoria Street
London
EC4V 48J
St James's Place Wealth Management
St James's Place House
1 Tetbury Road
CirencÈster
Gloucestershire
GL71FP
Page 2

T14E REVERE CIIfiRIT ABLE TRUST
REPORT OF THE TRUSTEES
F()R TIIE YEAR ENDED 5 APRIL 2024
ST ATEMENT OF TRUSTEES, RESPONSIBILITIES
The Ill￿41&￿￿ are re4pon%ible for preparing Ihe Reporl ol Ilie Triislees and the financial slalernenls In accordance wtr,
IppIIc47hlc lam, and Ili)Ited Kinodom Acr.oiinling ,%lancJ8rd5 (Uniled Kingdom Generally Accepted Accounling Practice)
'.ie 1311. applii2ble lo cliaiilies ¢n Er)gland and Wales. Ihe Charities Ad 2011, ChaTIty (Accounts and Reports)
eaii12;:01% 2008 and Ihe provisions ol Ihe IriJ51 deed requires Ihe Iruslees lo prepare financial slalemenls lor each
fr.nancièl year wthich give a Irije and lair view ol the stale ol affairs of Ihe charity and ol the Incoming fesource5 and
applicaiion ol resources Indiidin9 11)e Incon)e and expenditure. ol the charity lor that period In preparing Ihose financial
glatemenls. the Iruslees are required lo
seieil siiilable accoiinling policies and then apply them cornsislenlly.
t￿e n)elhods and principles In Ihe Chanty SORP.
lake iudoemenls an(5 eslimales Ihal a¥e fe3sonable and prudent.,
Siale M'helhei applicable accounting standards have been followed. 5ubjecl lo any material departures disclosed and
eKDl8ined In Ihe financial slalemenls.
prepare the finanaal slalemenls on Ihe going concern basis unless Il Is Inappropriale Io Presume that the charity will
continue Iri business
The Iruslees are responsible lor keeping proper ac£ounting records which disdose wilh reasonable accuracy al any time
lle financial position ol Ihe charity 2nd lo enable Ihem lo ensure that Ihe financial slalemenls comply with the Charities
Acl 2011. the Charity IAccounls and Reportsl Re9ulalions 2008 and the PTOVlSiOnS ol Ihe Irusl deed They Bre also
responsible lor safeguarding the assets ol the chaiity and hence lor taking reasonable steps lor Ihe prevention and
aele￿[lOn ol traud and other Irregulanlies
Approved by order ol the board ol trustees on
6 March 2025
and signed on ils behalf by
R J Willmott - Trustee

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF
THE REVERE CHARITABLE TRUST
Opinion
We have audited the financial statements of The Revere Charitsble Trust Ilhe 'charity'l for the year ended S APRIL 2024 whith
comprise the Slalement of Financial Activities, the Balance Sheet, the Cash Flow Stalem8nl and notes to the financ4al
stslements, induding a summary of signrficant 8ccounling wlicies. The financ￿( reporting framework Ihat has been applied i n
their preparation is 8ppli¢able law arKI United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting
Practice).
In our opinion the financial statements..
give a true and fair view of the slate of the charity's affairs as at 5 April 2024 and of its ine£Jming resources and appliCa￿n of
resources, for the year Ihen ended-
have been property prepared in accordance wf(h United Kingdom Generally Accepted Accounting practs￿. and
have bèen prepared in accordance with the requirements of Ihe Charities Act 2011.
Basis for opinion
We conducted our audit in aC￿rdan* with Internat￿nal Standards on Auditing {UKI IISAS IUKII and applicable law. ¢)Jr
responsibililies under those standards are further desuibed in the Auditors, responsibilities for the audit of the financial
stslements section of our report. We are independent of the charity in accordance with the ethical requirements that are
relevant lo our audit of the financial statements in the UK, induding the FRC'S Elhie21 Standard, and we have fijlfilled our other
ethical responsibilities in accordance with Ihese requirements. We believe that the audit evidence we have obtsined is
sufficient and appropriate to provide a basis for our opinK)n.
Conclusions relating to going concern
In auditing the financial slalements, we have conduded that the Trustees use of the going concern basis of aC(X)Unti￿ in the
preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any
material uncertainties relating lo events or conditions that, indivKlually or collectively, may cast slgnrf￿ftI doubl on the charity's
ability to c¥)ntinue as a going concem for a period of at least ￿1ve months from when the financial stslemenls are autlK)rised
for issue. Our responsibilitses and the resFx)nsibililies of the Trustees with respect to going concern are described in the relevant
sections of this report.
Other inforrnation
The other information comprises the information induded in the annual reFrf)rt other than the financial ststemenls and our
auditor's report therKJr). The Tnjslees are responsible for the other informalK)n cDntsined within the annual Teport. (ljr opinion
on the financial stslements does not cover the other information and we do not express any form of assurance condusion
thereon. Our responsibility is to read the other informalion and, in doing so, consider whether the other information is materially
inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears lo be
materially misslaled. If we identify such material inconsistencies or apparent material misstatements, we are required to
determine whether this gives rise to a matefial misstatement in the financial ststements themselves. If, based on the wotk we
have perft)rmed, we conclude that there is a material misststement of this other information. we are required to report that fact.
We have r￿thing to report in this regard.
Matters on whlch we are requlred to report by exception
We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008
requires us to report lo you if, in our opinion..
the informatKin given in the Report of the Trustees is inconsistent in any material respect wilh the financ¢al slalements., or
sufficient accounting records have not been kept,. or
the financial statements are not in agreement with the accounting records and returns; or
we have not re￿iVed all the information and exptanations we reqLtire for our audit.
Responslbilities of trustees
As explain&J rnore lully in the Statement of Trustees. Respx)nsibilities, the truslees are responsible for the preparation of the
financial statements which give a true and fair view, and for such internal control as the trustees deterwnine is necessary to
enable the preparation of financial statements that are free from malefk41 missialemenl, whether due lo fraLKI or error.
In preparing the financial statements, the trustees are responsible for assessirMJ Ihe charity's ability to continue as a going
cOn￿rn, disclosing, as applicable, matters related to going concern and using the going con￿rn basis of accL)untsng unless Ihe
trustees either intend to IiquKlate the charity or lo cease operat￿n$. of have ro realistic altemative but lo do so.
Our responsibilities for audit of the financial sL*ements
We have been appointed as auditor5 under Section 144 of the Charities Act 2011 and report in accordance with the Act and
relevant regulalions made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financlal ststements as a whole are free from malerial
mlsstalemenl, whether due lo fraud or effor. and to issue a Report of the Independenl Auditors that includes our opini)n.
Reasonable assurance is a high level of assuran￿, bul is not a guarantee that an audit conducted in accordance with ISAS
IUKI will always detect a material misstatement when il exists. Misstatements can arise from Iraud or error and are considered
material rf. irKlividually or in the aggregate, they could reasonably be expected to influence the eC0￿MI¢ decisions of users
taken on the basis of these financial statements.
Page 4

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF
THE REVERE CHARITABLE TRUST
Our respon$ibilitigs for the audlt of the financlal statements Icontlnuedl
A further description of our responsibilities for the audil of the financial statements is locat8J on the Financial Reporting
Council's website al www.frc.org.uklaudilorsresponsibilitles. This description forms part of our Report of the Independent
Auditors.
Extent to which th8 audit was consldered capable of detectlng Irregularities. including fraud
Irregularities, including fraud, are instances of n0n-c0mpliar￿e with laws and regulalbons. We design procedures in line with our
responsibilities, outlined above and on the Financial Reporting Council's website, lo dele¢l matenal misstalemenls in respect of
irregularities, induding fraud.
We obtain and update our understsnding of the entity. its activities, its control envlronment, aThJ likely future developments.
induding in relation lo the legal and regulatory framework applirable and how the entity is complying with that framework. Based
on this U￿SerStanding, we identify and assess the Tisks of material misstslement of the financial stalemenls, whether dve to
fraud or error, design ar￿ perfom) audit pr¢xedures responsive to those risks, and obtsin audit evidence that is sufficient and
appropriate to provide a basis for our opinion. This includes consideralion of the risk of acts by the entity that were contrary to
applicable laws and regulations, induding fraud.
In response lo the risk of irregularities and non-compliance with laws and regulations. including fraud, we designed procedures
which included..
Enquiry of management and those charged with governan￿ around actual and potential litigation and claims as well as acttjal.
suspected and alleged fraud.,
Assessing the extent of compliance with the laws and regulations considered to have a direct material effect on the financial
statements or the operations of the entity through enquiry arKI inspeclion.,
Reviewing financial statement disclosvres and testing lo supporting documentation to assess complian¢e with applicable laws
and regulations;
Perfomiing audit work over the risk of management bias and override of controls, including tesb.ng of any adjustmenls for
appToprHteness, evaluating the business rationale of significant transactions outside the normal course of business arKI
reviewing accountirMJ estimates for indicators of potential bias.
Because of the inherent limitations of an audit, there is a risk that we will not delecl all irregularities, including those leading to a
material misstatement in the financial statements or non-compliance with regulation. This risk increases the more thal
Complian￿ with a law or regulation is renK)ved from the events and tranSaCt￿nS reftecled in Ihe financial statements, as we will
be less likely lo become aware of lTrStan￿s of non-compliance. The risk of not detecting a material misstatement resulting from
fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions.
misrepresentations. or the override of internal control.
Other matters
Your attention is drawn to the fact that the charity has prepared financial statements in accordance with 'AccA)unling and
Retx)rting by Charitses.. Stsiemenl of Recommended Practice applicable to charities preparing their accounts in accordance with
the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" las amend8Jl in preference to the
Accounting and Reporting by Charities= Statement of Recommended Practice issued on 1 April 2(M)5 which is referred to in the
extant regulations bul has [￿W been withdrawn. This has been done in order for the financial stslements lo provide a true ar
fair view in ac(rfyrdance with current Generally Accepted Accounting Practi￿.
Use ot our report
This report is made solely lo the charity's trustees, as a body. in accordance with Part 4 of the Charities (Accounts and Reports)
Regulations 2008. Our audil work has been undertaken so that we might state to the charity's trustees those matters we are
required lo stsle to them in an audf(ors' report and for no other purpose. To the fvllest exlent pemitted by law, we do not accept
or assume responsibility lo anyone other than the charity and the charty's trustees as a body, for our audil work, for Ihis report,
or for the opinions we have formed.
lan Jefferson (Senior Statutory Auditor)
for and on behalf of Azets Audit Servlces
Chartered Accountants
2nd Floor. Regis House
45 King William Street
London, EC4R 9AN
6 March 2025
Azels Audit Servi￿$ is eligible for appoir)tment as auditor of the charity by virtue of its ellgibilily for appointment as auditor of o
company uThYer of section 1212 of the Companies Act 2006.
Page 5

THE REVERE CHARITABLE TRUST
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED S APRIL 2024
2024
Unrestrlcted
fund
2023
Totsl
funds
Notes
INCOME AND ENDOWMENTS FROM
t)onations
86,828
141.808
Investment income
180,956
162,117
Total
267,784
303.925
EXPENDITURE ON
Raising funds
3,061
2,896
Charftablo actlvltles
Grant making
22,908
400,675
Total
25,969
403.571
Net gainsl(lossl on inveslments
Unrealised gains from investment property revalualion
364,410
{199.3401
NET INCOMEI(DEFICIT)
606.225
{248,9861
RECONCILIATION OF FUNDS
Total funds brought forward
7,764,816
8,013,803
TOTAL FUNDS CARRIED FORWARD
8 371041
7.764.816
The notes fomi part of these financial ststements
Page 6

Tt4E REVF.RF C.I4ARITABLE TRIIST
BALANCE SFIEET
5 APRIL 2024
2024
Unreslrltled
fund
rolAI
FIXED ASSETS
Investments
Investments
Inveslmenl property
6.176.520
1450 000
5712 110
1450.0
12
7.626,520
7 162 110
CURRENT ASSETS
DeN￿C., s Apiounls 12,,￿1ng due WTlhin one year
Ca4￿ 31 bank
12,500
749.301
250
585.806
761,801
610 8(
CREDITORS
falling due wlhin one year
14
117.2801
18. 1001
NET CURRENT ASSETS
602 706
TOTAL ASSETS LESS CURRENT LIABILITIES
8,371,041
7.764.816
NET ASSETS
371,041
7 764816
FUNDS
J-:eslr.'cled funds
15
8,371,041
7 764 816
TOTAL FUNDS
8,371,041
7.764 816
*e fina•c'.al slalemenls were approved by the Boar¢J of Trustees and auihorised for issue on
anrn were signe(J on 115 behalf by
6 March 2025
R J Vli,'Imott - Trustee
I 11c￿ Iioles Iofrri parl ol these financJJl sIAlemenls
Iliirjv 7

THE REVERE CHARITABLE TRUST
CASH FLOW STATEMENT
FOR THE YEAR ENDED 5 APRIL 2024
2024
2023
Notes
Cash flows from oporating actlvltl•s
Cash absorbed by operations
165,087)
Net cash absorbed by operating adivitles
165.087)
Cash flows from Inv•stlng a¢tlvltl
Inter8St received
Dividends received
Réntal income
13.198
125,240
12.284
109,418
40,415
Net cash generaled by invesling aclivities
180 956
162117
Changé In ca•h and ¢a•h equlvalont8 In
the r•portlng p•rl•)d
Cash and cash oqulvalents at lh•
boglnnlng of Iho reportlng perlod
163,495
(2.970)
585 806
588 776
Cash and cash equlvalent• ot the end of
th• r•portlng p•rlod
749.301
RECONCILIATION OF NET (EXPENDITUREYINCOME TO NET CASH FLOW FROM OPERATING
ACTIVITIES
2024
2023
Not In¢om•lldofi¢lt) for the reportlng pérfod
Adjuslments for:
(Gain)Iloss on inveslmenls
Gain on revaluations
Non-cash donation received
Investment income received
Decrease in debtors
Increaseldecrease in creditors
606,223
1248.9861
(364.410)
199.340
(50,000)
{100,000)
(180,9561
12,500
(162.117)
97,750
1.074)
N•t cash (utllls•d In) oprntlon$
17.461
165.087
The notes fomi part of Ihese financial statements
Page 8

THE REVERE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024
GENERAL INFORMATION
The Revere Charitable Trust is a registered charity in the United Kingdom, no 1117369. The principal address of
the Charity is given in the charity information on page 1 of these financial slalements, as are the nature of the
Charity's operations and principal activitses.
ACCOUNTING POLICIES
Basls of preparing the financlal ststsments
The financial statements of the charity, which is a public benefit enlily under FRS 102, have been prepared in
accordance with the Charities SORP IFRS 1021 'Accounting and Reporting by Charities.. Statement of
Recommended Practice applicable to charities preparing their accounts in accordance wlh the Financial
ReportiThJ Standard applicable in the UK and Republic of Ireland IFRS 102) (effective 1 January 20191., Financial
Reporting Standard 102 'The Financial Reporting St8ndard applicable in the UK and Republic of Ireland. and the
Charities Act 2011. The financial slalements have been prepared under Ihe historical cost convention, with the
exception of investments which are induded at markel value, as modified by the reValuat￿n of certain assels.
The Chaiily has a reasonable expectation Ihal there are adequate resources lo continue in operational existence
for the foreseeable fulure. It has therefore conlinued to adopt the going CA)ncem basis in preparing its financial
slalements.
The financial statements a￿ prepared in sterling which is the functional currency of the Charily.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement lo Ihe funds, it is
probable that the income will be received, and the amount can be measured reliably.
Expenditure
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost
related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated
to activilies on a basis consistent with the use of resources.
Granls offered subjecl lo conditions which have not been met al the year end dale are noted as a commitment
bul not accrued as expenditure.
Investment property
Investment property is shown at most re￿nt valuation. Any aggregate surplus or defi¢11 arising from changes in
fair value is recognised in the Statemenl of Financial Aclivrties.
Subsequenl fair value valuations are carried out by the trustees.
Fixed asset investments
Investments are a form of basic financial instrument and are initially recognised at their transaclion value and
subsequently measured at their fair value as al Ihe balance sheet date using the closing quoted market price.
All gains and losses are taken to the Slatement of Financial Activities as they arise. Realised gains and losses
on investments are calculated as the drfterence between sale proceeds and opening market value {purthase
date if lalerl. Unrealised gains and losses are calculated as the difference between the market value at the year
end and opening market value lor purchase dale if later).
Debtors
Debtors are recognised at the settlement amount due.
Cash at bank and In hand
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short malurity of
three months or less from the date of acquisition or opening of the deposit or similar account.
Credilors
Credilors are recognised where the Trust has a present obligation resulting from a past event that will probably
result in the transfer of funds lo a third party and the amount due lo settle the obligation can be measured or
estimated reliably.
Creditors are recognised at their settlement amount due.
Page 9

THE REVERE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024
ACCOUNTING POLICIES (conllnued)
Taxatlon
The charity is exempl from tax on ils charitable activities.
Fund accountlng
Unrestricted funds Can be used in accordance with the chartlable objeclives al the discretion of the trustees.
Reslricled funds can only be used for particular restricted purposes within the objects of the charity. Restriclions
arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is induded in the notes lo the financial statements.
Going concern
The financial slalements have been prepared on a going concern basis as the tnjslees believe that no material
uncertainties exist. The trustees have considered the level of funds held and the expected level of income and
expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is
sufficient with the level of reseThes for the charity to be able to continue as a going concem.
Other recognised gains and losses
All gains and losses are taken lo the Statement of Financial Aclivilies as they arise. Realised gains and losses
on investments are calculated as the difference between sales proceeds and opening market value (purchase
date if laler)- Unrealised gains and losses are calculated as the difference between the markel value at the year
end and opening matket value (or purchase date rf later).
DONATIONS
2024
2023
Donations
Gift aid
86.828
100,000
41,808
86.828
141,808
INVESTMENT INCOME
2024
2023
Portfolio dividends and gross interest
Portfolio and investment bond net interesl
Rental income
116.994
21,442
42,520
106.699
15,004
40.414
180.956
162,117
Page 10

THE REVERE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS - conllnu•d
FOR THE YEAR ENDED 5 APRIL 2024
RAISING FUNDS
Ral8lng donatlons and lega¢l••
2024
2023
Management d)arges
2.896
CHARITABLE ACTMTIES COSTS
Grant funding
of activities
(see note 7}
Support costs
(sèè note 8)
Tolals
Grant making
5.200
17.708
GRANTS PAYABLE
2024
2023
Grant making
380,200
Grants payable in the year:
Woodland Trust
St John's Ambulance
200
s.000
5.200
SUPPORT COSTS
Governance
costs
Finance
Tolals
Grant makir
514
17,708
Page 11
continued...

THE REVERE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 5 APRIL 2024
SUPPORT COSTS - ¢ontlnued
Support costs, included in the above. are as follows:
2024
Grant
maklng
2023
Total
activities
Bank charges
Auditors, remuneration
Professional fees
Insurance
Property costs
514
9,180
2,710
396
9,132
3.000
20,475
TRUSTEES, REMUNERATION AND BENEFITS
There was no trustees, remuneralion or other benefits for the year ended 5 April 2024 nor for the y8ar ended 5
Apfll 2023. No tr￿ta&S was reimbursed for travelling expenses12023.' Nill.
10.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
INCOME AND ENDOWMENTS FROM
Donalions and legacies
141.808
Inveslment income
162117
Total
303,925
EXPENDITURE ON
Raislng funds
2.896
Charflable acllvltl••
Grant makirKJ
41)0.675
Total
403,571
Nel gains on investments
Unrealised gains from investment property revaluation
(199.340)
50.000
NET INCOME
(248.986)
RECONCILIATION OF FUNDS
T¢)tal funds brought forward
8.013,802
TOTAL FUNDS CARRIED FORWARD
7 764,816
Page 12
continued...

THE REVERE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS - eontlnugd
FOR THE YEAR ENDED 5 APRIL 2024
11.
FIXED ASSET INVESTMENTS
Llsted
Investments
MARKET VALUE
At 6 April 2023
Additions
Disposals
Revaluations
5,712.110
455.218
(188,027)
191219
At 5 April 2024
6 176 520
NET BOOK VALUE
At 5 April 2024
6.176.520
At 5 April 2023
5,712,110
There wére no investment assets outside the UK.
2024
2023
Historical cost at S April
4.087 404 4.093 835
Investm8nts at market value comprise..
2024
EquSty
Fixed income
Altèmats've
Hybrid
St James's Place Unit Trust
Cash
3,704,878
345,593
1,449,358
13.019
236,520
427 153
6.176,520
12.
INVESTMENT PROPERTY
FAIR VALUE
Al 6 April 2023
Addilions
Revaluation
1,450,000
At 5 APRIL 2024
1450 000
At 5 April 2024
NET BOOK VALUE
At 5 April 2024
1450 000
Al 6 April 2023
1,450,000
Page 13
continued...

THE REVERE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 5 APRIL 2024
12.
INVESTMENT PROPERTY - continuod
Investment property is made up as follows=
A property at 25 The Eights Marina, which was grfted to the charity in two transfers during the 2015-2016 and
2016-2017 financial years, at agent's market value at 29 July 2015. On 10 January 2024. the property was
valL¢8d at £575,000 by the agent Redmayne Arnold & Harris.
A propety al 50 George Street. which was purchased by the charity during the 2018-2019 financial year. On
10 January 2024. the property was valued at £875.000 by the agent Redmayne Arnold & Harris.
The directors do not consider that Ihere has been a material change in the valuation between the year end and
the valualion date (i.e. 10 January 20241.
13.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Prepaymenls and accrued income
12.500
25.000
14.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
(Xher credilors
17,280
8,100
15.
MOVEMENT IN FUNOS
Net
movement
in funds
At
5 April 2024
Al 6 April 2023
Unrestricted fvnds
General fund
7.764.816
606.225
8.371.041
TOTAL FUNDS
7.764,816
606.225
.371.041
Nel movement in funds, included in the above are as follows..
Incoming
resources
ReSoU￿S
expended
Gains and
losses
Movement
in funds
Unrestricted funds
General fund
267,784
(25.969)
364.410
606.225
TOTAL FUNDS
267.784
25.969)
606,225
Comparallves for movement in funds
Net
movement
in funds
Al
5 April 2023
At 6 April 2022
Unrestricted funds
General fund
8,013,802
{248,986)
7,764.816
TOTAL FUNDS
8,013,802
7.764,816
Page 14
continued...

THE REVERE CHARITABLE TRUST
NOTES TO THE FINANCIAL STATEMENTS - conllnuad
FOR THE YEAR ENDED 5 APRIL 2024
15.
MOVEMENT IN FUNDS- eontlnuod
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
Resourcés
expended
Gains and
Ioss8S
Movement
in funds
Unrestrfctsd funds
General fund
303.925
1403,571)
(149.340)
248.986
TOTAL FUNDS
303,925
403.571)
149.640)
248.986
16.
RELATED PARTY DISCLOSURES
No related party transaolions to disclose.
Page 15