Revelation Trust Flnanclal Statements Year Ended 31•t December 2021 Charity remation wmt*r.' 1177756
Conlenl• Charity Rot•renc• and Admlnl8lraiivo Del8ll1 TnJste8s' Annual Report &5 ITKleperKlgnt Examinor'8 R8POrt &alamont ol Financial Activitles 10 the Financial Slalernents 12
Rèvelallon Trusl Chorlty R•ter•nc• and Admlnl•lrntlv• D•t•ll• Year Ended 3111 D•wnb•r 2W41 ClIty r•gl•tr•llon numb•r 1177756 chaol Pollard kknolarl Haydgn CV2130U Bar¢1 Bank CLIFFORD TOWERS Chartered AccounLints 14A, Davy Q)urt. Castle lknurKI Way Central Par1( Woc*Jside Park. Rugby CV23 OUZ
Revelatlon Tru81 Flnanclal Slatemenl• Y•ar Endod 31M 06cembor 2021 The Trustees ol Revglatkjn Trust (Yho Tw8t" or Ihe Charhy'l presènt their report and thè financial statements ol the Charlty lor the year ending 51h April 2021. Thè liu8lees have adopled the provIsn$ of the Statement ol Recommende(I Praclice ISORPI"Accounlln9 and Reporting by Chariti68" IFFIS 102} in preparing the annual report and financial slalemenls ol the Charlty. Tru•tM• ol th• Ch•rlty Tho Iru8lee8 WI havo 80Ned durtno the yoar and 8lnc8 the year ond aro a# follows: Brlan A&Jis Michael Pollar(I Morolari Hayd8n ObJ•ctlv•• •nd •¢tlvlll•• The objeclivos ol ihe Charity 8r8 1) Ihe athan¢em8nl ol tho Chrisllan Teliglon malnly, bul not oxcluslvely, by means ol 0¥taStIrJ Chrtstsan messaoes ol an avangelislic and leaching nature. 2) To advanc8 Ihè Chrisiian religion in lor the benelll ol the through Ihe hokling ol prayer eting$. la¢tures. publ celobratson ol religious leslivals, producing andlor thslrikmrting liiéralure on Ihe Christsan faith lo enlighten others about the Christian religion. 3> Tho Prevenlion or relief ol poverty by providing.. grants, rtems and services lo individuals in need aror charits'e5, or other organisalions working lo prevent or reli8ve poverty Charity C#)ntinued lo build up ils regular and supporters. Tho charty funded prq'ect aclfvlllos ryesonb.ng -30% 01 its annual income in 2021 1[¥1b&S in 2021 includè the initiation ol new projects that launched from July of this year. namety.. The establishmeftt ar support 0112 gospel entrepreneurs worl(ing in local communities, wothirvj alowe Iho Ir cTCh, ther developing ministrios, social ontorpriso. or brand-now iniliatP40s in that community a New 7 Podcast Series in partnershlp wilh United Christian Broa(asl8rs IUC81 which has soen aryl cofflirK8 lo see. lots ol inleiesl and downloads going lop*ard. We are Glafty'ng to devolop ongoing relalionships with three Biblé collgggs ICranmof& Hall in Ourham, Ctitt colltye in the Peak Eh'strbct, and Moorland8 Bible collagè) with intention ol dav¢lopng arNJ training ol Cl Imdws lo eruxJrag¢ thom lo be onlrepfen9urial. We intend lo develop this lurther, with al least six sossions thot (w be eithor in loGal ¢hui¢he8, or in Bible colleg&$ lo develop IO8h1p wograms. Roy Crowne 16 enoagod as a Europgan Con$ullanl by EHFC wllh a vlew lo con8oIKlating aThl exparKling the wort( of EHFC across Europo including. mosl rocgnlly Ireland and Nglheiland8. EHFC has gfifivn nol only by reachlng new area8, the numb8f ol hom06 that have been communicated with In our ongoing d8volopm8nl - afound 250,0 ¢ontact8. AB we continue 10 ovolve, wo aro now looking al developing a slraleoy ov¢r Ihe next three lo live yearn- working with colleges, also wllh olhei minislrb08 and wilh looal church95 and denominations, as to how lo reviialize Ihe mission ol the Ghufch. to recruli, mainlain and suslain morg gospel &nlrepreneurs going forward. It has been a very axcitsry d8veboFNnenl lor tho tru$1 Ihls year a6 W8 conlinue lo move forward with expansion into 2022. Publlc Iwwllt ¥tatemenl
R8velatlon Trust Truslees, Annual Aoport Year 5th Aprll 2021 In Shaping our th'ecbves lor Ihe period and Flannlng our acli¥ili8s, tho truslees have c($ered the Charity Commission's guwjarte on Fthlic nefIt. indudlw tho guidanc8 'PubC Benefit: runnirwj a charity {PB2)'. Achlev•m•nt8 •nd p•rtorni•nc• The charity has trantroned Irom a formalim 81age (ln 2020 and oaty 2021) into a delivery stage from June 2021 wrth a numbef of new Initiallve8 launch1 effectlry r8al charye in l(Kal c4)mmunitias and church leaders (see aclivllies Ilslod atwi In summary . PcKkasts Sgries has b8en conWet•d wlth 7 lealurbw Inleprfiw8 wllh exwrknrtal'Gos Entrewenours, 12 GosFd entry8Ur8 are 8c8 arKI b8lng suF¥)orted tirKJing lo Ihoir (xKnffI1lIoS irKJudirvJ ENVY lor ChrY4t Tmxk has 8xpand8d Into Ireland arKI Holland ffjaching 250.OCQ in 2Wd1 3 Btle coloS are engaged to train new Leaders and cr¢he6 to ts more entrw8n•Jfial Tho chanty had a surplus tor Ihe year 01 £62,52212(Y20- £2.4781. Tr acMula1j reserves al the year end were £135,759121)20 . £2,478). The Chaiity has tJll w a ltrdel of reserves to luThY project activities and to make a su8twnatle level d grant makir¥J. Al rns•vo5 arn Revdatson Tfust Is a small charty with limited in(x)mè. Accordingty. Twstees havo Ihat il is n(A to have an investment p)licy. Plans lor 2022 include A new series of UCB P(thasts. an oFpcKiuruty to devek¥ a 6 part traniffj lof urthes on IKM to be a GosFd Entrepreneur. 2 Regdenlhgl gatheriThJs 0112 Gosp81 Entrgiyewfs . startw in al shared arnIng and buikling neortt communiiios affor¥J entreFweneu Revelatbyi a Foundation CK) lormally register with the Charity cornmissi on 2W Marth 2018. Tho hu thro0 trust88s wts) fwm the Tfuslee 8oard. Tho Trustoe Board lake resF)nsly'lty lor the ov6rall governa of the charty, its acts'viiios and strategy. financid anning. fuTrJraisbng, risk managemenl and overall pertomance. They arn crynmittwj kn rabSiNJ awarones6 of Ihe dHrily and rts purpose. in order lo promole ils goals and ¥10n. The Truslees aTO commffjed to meeting al laast orKo a year linc1ng an AGMI a correSwl regularly belween meeb'n96 either by phono Of emwl. Al abwt the charity are mada colleclively and wilh all Tru8tees' agreemtt. All Trustees give Ihelf tinw Ireeby and rerxvo no Tomuneralw)n lor their work. Trustees may daim out of pocket èxpenses for acts'vili08 relat1 lo lullilling Iheir duties a1 Twslees are required lo dIsCk all reVanI interests and rM)tity the chair ol Trustees ar in ardar8 with tha Trust's w1y, withdraw from any decisions where thore may bo a conllict ol inlor061.
Revelallon Tru31 Flnanclal Stslem•nt Year Endod 31•t DQcthTrr 2tr21 Rlsk Rovl•w The Board of Trustees have inY•nlified a number of risks Induding the following; Governance Risks - Failure lo appoint new Irusiees when CUTTt fftthKYuals retire. lad( of transparery of decision Ma'n9. in04yryialè FedUreS. and lack of aFyroKKial8. ¢gratsonal Risks- Roy Crrywne is the pnmary, and currenlly the only le•J consullanl dribryng the delNery of Revelation Trust initiatives. Thelore, there is an 0ratIonal risk Ihal shoukl Roy be unable lo continue for any reason Ihe Trustses thfjukl need lo delemine how Revelatn Trust shoukd continu& or how the remaining funds should bo alIc¢al. MiligaliTVJ acllons includo invesligaling the pl$40n ol heamh care lo minimise atk8ence due to health, and the appoinlmenls of olher lead roles through the nèxt period FinarKial Rths - The Trustees regularty reNiew the Ilnancial health of the Charlty in frwnt ernail and teleptre communications. The Trustees C1101 the bank account aThJ approve all payments. They have acfms to the bank a(xxwnts over the intèrnel aThY can monitor all ca8h flows in and out ol Ihe accounts. Tlw ris are Tej annualty. The Board ts aware of risks associatad with any enteryxise and are takiry ep$ to ensure the financial slabilty of the Charity over Ihe medium to long term. The Fwceoion aTKI rewtation of Ihe Charity is of fundamenial importance to Ihe Trustees POIrtal rk- Charty is ap)litical and seeks to Twork wlth 1 polilical persuawns tt> fulfil its ot4'ectiv8s. Coffphm with the Law and Regulation- The Tfuslees regularly receive the Charities Comffission News in lyder to ensure Ihat the Charity in lulty compliant wrfh the lalesi regulations and besi practice. The trustees are reswnsible for PTeF)arirvJ the Truslees. Annual Rewrt and the finala1 slatennts in (thar£ ¥th applbcAe law and UThtgd ngdoM ACcnn9 Standards (Uiwied Kiwm Generally ceO&J ¢ntIng Pfadicel. The Lqw aFWtatAe to charities in England & Wales requires ihe trusleos lo prepare financial statements for e1 linaroal year thich give a true and l•r Vie4¥ 01 the stale ol allairs ol the Charity aTKI of ihe irnIng res(JJrces aTrJ aFplicatn of resources ol the Charity lor Ihat penod. In preparing those financial statemenls. the trustees are required lo: set suil&le ac4xunling wlicies and ihen aWy them consislently.. obswve the melhots and principth in the charilS SORP 2015 IFRS 1021: make igements aryl estimates thal are roasonable Prjent,. State whether applicable acc(n11n0 slandar(ts have been lollowed, su4.ect to any material departure6 Oi8closwJ and eXnl in the financ1 slalements.. prepare the linancial slalements on the goirvJ concern basis unless il is inapprowiats to presunw that ltr charity will clInUe In ¢)poralion. The trusle8s are f8sp)n&ble l¢y keeping proper acCn11ng focIKds Ihal disclose with reasonable accuracy at any lime the financial posrtn ol th6 Chanty arKI enatAe them lo ensure that the financial slalements comply with the Chanlies Act 2011, the Charrty (Accounts and Reportsl RegulatnS 2fX)8 and the provIsn6 of the trust deed. They are also reGFse lor saleguardirvJ the assels of the Chaiity arKI hence for taking reasonable steps fof the prevenbon and detec1n ol fraud and other Iegul1ties. On behaff of the trusteès £ofy6lkn C£ Datg.. 21
Revelatlon Trust
Independent Examiner's Report to the Trustees of Revelation Trust
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31[st ] December 2021 , which are set out on pages 7 to 12.
Responslbllltles and ba Is of report
As the charity's trust os you ar r spon iblo for the preparation of the accounts in accordance with the requirements of th Ch riti s Act 2011 ('th Act').
I report in resp t of my mination of the charity's accounts carried out under section 145 of the Act and in carrying out my amin tion I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent ex min r's stat ment
I have completed my examination. I confirm that no material matters have come to my attention in connection with the e amination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or 2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Simon Towers FCA CLIFFORD TOWERS Chartered Accountants 14A, Davy Court Castle Mound Way Central Park Rugby 26 April 2022 CV230UZ
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Revelallon Trust Stslement of Flnanclal Actlvllle• Yèar Endod 31•1 Docombgr 2021 Unre8trictod lund$ Tolal lunds Total funds 2020 Incorn•: Stewardshlp Direct Giving - Trgan18allon tlrgcl Gfving - lrnvldual 80,957 20,740 13,360 32 60.957 20,740 13,380 6.473 3,505 Tolal Incorn •nd •ndonI$ 95,089 95.089 12,478 Exwdllur• on: Consultancy Markotin9 Website arwj onlino support Travel arKI sthistsnca Postaoe 26.610 3,011 1,295 985 88 578 28.610 3,011 1.295 10.0(M) 578 Tothl 0xpwl1ufo 32,567 32.567 10.0 Nel gains I Ik)$888) on inveslments 62,522 62.522 2.478 62,522 2.478 Oth•r r•eoqnl••d g•ln• l (lo••e•): T gwns I Ih)6so81 itst movwnwrt In lund• 62,522 2.478 R•ctyKlll•llon ol lund•: Totsl lund6 brought lorward 73,237 rJ,237 70.759 Totsl fund• urrknd lorw•rd 135,759 135.759 73.237 All ineLme and expendliuie dgrivo Irom conlinuin9 aclivitle6.
R•volallon Trust Balance Sheet Y•ar ended 31•1 D•c•mb•r a1 Cash at bank and in haThJ 139,270 73.237 Tot•1 ••••t• 139.270 73,237 CT•dll(x•: •mount• l•Mlng wlthln on• y••r 3,511 135759 73,237 Ch•rfty Funds UnrestrKted lu 135,759 73.237 135,759 73,237 Tro firwrial stalerwits were approv arKI aullwxised lor issue tho Board Jn behaff of board ol trustees Tr* pages 9 1) 12 form part of Ihese financid statemènts.
Revelatlon Tru•1 Nole$ to lh• Fln•ncl•l Slai•rn•rn• Yoar •nd•d 31 Bt Do¢•mb•r 21r21 Surnm•ry ol 9nle•Trl •011n9 poN¢l•• (a) a•n•v•l •nd bMl• ol wwr•tk)n Th8 Charity is an unintt+rp)1oled charity 118 only vollng fflWrt) ar• h• charfty Iw•toes.11 18 g0veml by its CIO constitut dalgd 2W Match 2018. The Charlty c¢)nstilul88 & p1 berth enllty as defined by FRS 102. The fin8n¢ial 8talements have been wepar•d In alOnCe wllh ACcntIng R8rthlng ty char1••.. Siaièmonl ol Aeeomm8rthJ prac ch&TIII88 pTyrirwJ Ih8lr puounl8 In ac¢ord8rK8 tho Flnancial Reporting Siandarfl altIe In UK and Rgpubllc ol Ifeland IFRS 1021 i8•d on 16 July 2014. tho FinancAal Rawrliro Starn1ar(l in Iha Unftgd Kino(k)m A11C ol Ireland (FAS 1tr2), Iho ChaniS 2011. Gw•ly Aceoptthl Prxlkx a• bl aFpll•• 1 January 2015. fin•Thxl Ilolom•nts are FYy4r8d M a golno c0M ba818 urKSor tho hi8ltrKal CO e4Yry•nkn. Tr• thlthiwnl• ar• wyrod In •terllng whkh fvnctffial aMr•ncy of IIK charrty. Tr s•JnKrant acIn kwSicies applled In tho piapafallon ol Ih8se financial $lalenwts are aet bth. In •thkn)n boen I1led whth ihe lnts1 expK¢ to bocoTh relovar# x Ih• (b) Fm LhY•5trA lur#Js are availabb lor use at the discretion ol the trustees in lurtherart• d th• g•nwal ol Charty and Twhich have not been designat1 lor other wrposos. sxNrKtses. The aim and w of each ij8s1gnalj fund is sel out in notes to finajaI slatorrtrts. LyKrs Ix have Lwn rwwj by the Charity for parDcuLir wrposas. Tha co d raw arAY insten'n9 fw4Js are charged agwnsl the sp&)fic lund. The wm and ol e&h r••trKx•d lurnl set (wjl in the notes 10 the linarthil statements. All res(¢4$ are inc1ml in Iho Siatemni ol Financial Activilies ISOFA) then the Charity is IwJally wrtrtlod lo the incomB aftor any pertorrnance c(YKlilions have boen mec ts WTwnt b• rolthy afKJ rt 16 wobatAe Ihal the income will be rocop48d. FIX bè rwiuwl tho Chwity will hav6 boon nolifwl of thg arwis WKI th• lll•Thwnt da in wrl¥J. 11 are Corthn5 attached lo tho donatn arKI Ihis TlIeS a level ol wtonnaa belore can be (kntsined then income is deferr1 until Itw W1111$ are lulty met or Ihe fvllilmwrt ol trKAe (x)rKIrtM)ns 1$ wrtts'n Ihe conlrol ol Ihe Chanty avKJ rt is w()ablo Ihat they be Mil1. t1'T aC<YK is w¢A)abb. Il bo m8asured fel.atdy and th& Chanty has control over It item. Fair vaiuo 1$ delwminad on th6 ba8 01 tho ol Iho gifi lo tho Charity. For exaftwkn the amount the Charity woukl be lo pay q)6n maAel Sh laolibes a1 sor¥ice5. A coneswnding anthnl Is rwnwl in oxporthwo. No arn(nI i• in tho hnarKial •lalonwnl• Iw ¥onIe8r tno In Ih)fr with Ihg SORP (FRS 102). For kn9ac, Ilkg ot Ihe Charity boirKJ nothh'ad of an iryyThJing distrityjtion th8 legacy b8irvJ rwAiv6d. Al this point In 18 rewni8ad. Ckn occasion acies may b& notsfied to the Charity however it is not P06&b to measuro tho amounl expgcted lo be distribut. On Ihese cKcasion$. the legacy wouhj bg treal&J as a conlingenl a8801 aNI disclo1.
Revelatlon Trust Noles to Ihe Flmnclal St•lemenl• Yoar ended 31 Decembor 2021 {¢) In¢om• r•cognlllon (¢onlknwd) In¢om8 from Ir•Jir¥J activilbs ear1 Irom lundrain9 ovants aThl lrnling activitw lo raise lurth lor Ihe Charity. Income io receNl in exchange lor 8uwlyiw goods and 6eThices in Lyder to rab5e lurwts and iecognl8gd whon anlitlemenl ha6 occurred. (d) Exp•ndlluM rn¢oonlllon All expornliturn 18 ac¢ounl8d t on 8n accrualg ba818 and ha8 be8n cla88tfied urthr headings that aojregah all co818 relalod 10 the caiegory. Expondilur8 l• Iv3j whoro there 1$ 3 18gd or cortslnKtNe obligalion to mAko payments lo third part. tt Is probatAe that Ihe sotloThnl will be reqred aThl the anI ol th• oblylion can b? mgasurad rollaw. ft li CogOn und8r the lolkming Costs ol rabslThJ lunds.. Eyndrturo on chanlable advlUo8; a1 Olher expondilure reKYesents Ihose items not falling Inlo lh8 atKN•. VAT ij Char as an expen88 again81 acbvity lor whth oyporKkn arorye. Grants payatye to third parties are within the charitatAe obieclive8. Whwe granls are offered, Ihts is ac£rued as soon as Ihe rewienl notified ol the grarrt, as this grrfes a reasonatjlo exFts11 that the recynt will recive the grants. Where grants are C0fMJInal relating to then fv grant is onty accTu•J when any unfulfilled c4)ThJitions are outsK ol tr control ol Charity. (•) p)sts allo¢•tlon &4wl costs are those that assisi th• work of tho Charity do fK)t ¢fec ryes•# chart4• pthities and irKlude Off costs. wvomance costs. atml administrative payroll costs. Thay are IJITl irectty in ol expenditure on the objects ol the Chanty. Where SW costs canrnt diro¢ty a1lxtsrt lo paituLar adingS they have iwn alICted to $1 ol raising fuThls arKI oypery'wre on charrtab on a basis constslerrt wilh use ol the rescwr¢es. Fl¥j eosls are those irufTed in se.ng voluntary cOli110$ aiKI (kn ¢o8ts rA intormab'on in ol the charitable ac11vrts. (h) Tmgl• IIM•d ••wt• th'xed assets are staknj ai lor doemed cosll or valuatts 105$ acCuMal dwiatKJn arKI ac£umulatwJ imp8irmenl Ios608. Cost irtludos costs (Irg¢Uy attntwtatAe kn mthro Iho assat ol r4)erabrvJ as intended. OOpratr)n i• on all lang* fixed assets, al raias calcuknted X) ¥nite rAI th• iws e•tmaW ra6thal ¥alu8, 01 oxh a6sel a 8yslomalbC basis (wer its oxpected use4 I'tg. 10
Rovelatlon Trust Ilotes to Ihe Flnandal Slatem•nls Yoar ended 3111 Downbor 2021 (r) Provl•lo Provisions are fwnised when Ihe Charty ha8 an ¢AJioallon al the balarKe sheet dale as a result ol a past evont, it is probabl8 Ihal an 1xrt1lw of 8conoffAc tsnofrts will be rw'rod in sattlemwrt and the amount can be reliabty eslimal•J. {v) Tax The Charity is an exèmpt ehaiity Tmthln the meanlThJ of #chu 3 of chare9 A¢1 2011 arnl 18 consKlofed lo pass the lesls sel oul in PaTagraph I Schedule 6 Finance kt 2010 ar#J there1e il tro deffiniiion of a charitable (xryany for UK cooratth lax purp)s8S. (w) Qolng Tr¢•M The Ir1 statements have been wepared ¢)n a 9.j concern basty as the InJ*80s 110¥8 thal r malerial uncertainlies exist. The trustees have con$•Jorod tho level ol funds hekl aThJ the expect&J level of irKy)mg aThl exFwJiture for 12 K$ from aulhongng these final1 slat0ffnts. The bJgeted irwmo arKI eXWrturo is sulftiont with tha lovel of resar4es for ts Charity to bo able to conlinue as
Revelatlon Trust Notes 10 the Flnanclal Stalemonts Year ended 31•1 December 2021 TN8tets' r•mun•rnllon •nd •xp•nM• trustees neilher received nof walvod any rUnerallon during the period. Slaff C1• •nd •m0y•• b•rnltt• The chanty has Th) enWoyg08, Cr•dttor•: nI• l•lllng du• wlthln on• year Funds hekl as Custodian Twstee Every Home lor Christ (EHFC) 3,511 3511 Balance at 01m1r2021 Gains I Balance al Income Expencklure TrarBfefS Ilosses} 3111212021 73.237 95.089 (32.56n 135,759 73.237 95,089 {32,567) 135,759 a) UnreStrted funds are donations and ottw inctyniThJ resour 1vable or generat&J fof of Ihe Charity withoul lurther salls*j wrw)se arKI are available as general lurKIs. Urvestithl Total Cash arnl Qjfrent irniestnwnls 139,270 {3.511} 139.270 {3.511) Total 135.759 135.759 The only transactsms wrth rolalod parties WOfO unre8lrKlad doIlKIn$ receiv from truslees. These lotalled £3.24012020 - £2.4001. 12