REVELATION TRUST ,flANNUAL .(-) REPORT 2025
INTRODUCTION & YEAR OVERVIEW
2025 has been a year marked by growth, transition, and significant fruitfulness. We are deeply grateful to God for His faithfulness and for the opportunities He has given us to invest in people’s lives through Gospel Entrepreneurs (GE) and the Revelation Trust.
This report reflects both the progress made this year and the foundations being laid for the future.
PEOPLE & TEAM DEVELOPMENTS
Associates & Staff
This year, we saw an important transition as Laura Brett, one of our valued associates, moved on from GE to take up a new position in the United States. We are thankful for Laura’s contribution and commitment during her time with us and wish her every blessing in this new chapter.
We couldn’t achieve this without our amazing team of associates and mentors, giving their time to coaching and mentoring; our heartfelt thanks to Matt and Sally Timms, Steve Gee, Elijah Kirby, Simon Berry, Paul Harvey, Richard Street, Ian Hartley, Sarah Bainbridge, Nathan Ghann, Steve Kelsey and Orlando Antoine.
We are delighted to recognise Josh Cutting, who joined us this year as Assistant Director and has brought renewed energy and growth to our gatherings and day events. Under his leadership, these events have expanded into Mansfield, Dudley, with further locations planned in the new year.
We are also grateful for the work of Ola Hayden during 2025 on our Board of Trustees, whose contribution has been a real blessing to the organisation.
PROGRAMMES & INITIATIVES
Mentoring Series
One of the most significant investments this year has been the mentoring series. This included the filming process and bringing people together in the room for shared learning and formation. We are thrilled with the outcomes so far and believe this resource will have a long-term impact. The series will be completed by the end of 2025, with exciting opportunities for small groups to engage with it throughout 2026.
Podcasts & Media
Our podcasts have continued to perform strongly throughout the year. Looking ahead to 2026, we are exploring a refreshed style and format, including the introduction of video recordings alongside audio, enabling each UCB podcast to be experienced visually as well as through listening.
INTERNATIONAL & EUROPEAN ENGAGEMENT AND PARTNERSHIPS
We are so grateful to be in partnership and collaborating alongside Every Home For Christ and the Angello Trust.
European Leadership Gathering
A major highlight of the year was hosting the first gathering of its kind, bringing together European leaders of ministries. This created space for dialogue, collaboration, and the exploration of strategic partnerships across Europe. Encouragingly, this initiative is already opening doors for future gatherings involving European mission agencies working together more intentionally.
Kuala Lumpur
Our work in Kuala Lumpur continues to evolve, particularly through the entrepreneurial spirit course and mentoring programme. Joshua Hong has provided excellent leadership in this area, adding significant value to our overall vision and activity. We are especially excited about the appointment of Josh’s Assistant Director, strengthening our capacity and supporting future development and strategies.
GOVERNANCE & BOARD
We are deeply thankful for the faithful service of our Board throughout 2025: Caroline Taylor and Elijah Kirby. Particular thanks are due to our Chair, Brian Addis, for his leadership, wisdom, and support.
This year we said goodbye to a valued board member who, due to personal circumstances, needed to step down. She was a real asset to the board, and we are grateful for her contribution. Looking ahead, we plan to increase the size of the board during 2026 as part of our ongoing development.
FINANCIAL OVERVIEW
A full financial report is included with this document, alongside a pie chart illustrating income sources. We are sincerely grateful to God for His favour and blessing once again in 2025.
We have been greatly encouraged by the generosity and faithfulness of those who have come alongside us, supported our work financially, and continue to do so as we look to the future.
LOOKING AHEAD
As we move into 2026, we do so with gratitude, confidence, and expectation. The foundations laid this year—in mentoring, gatherings, international partnerships, media, and regional growth—position us well for the opportunities ahead. Above all, we thank God for the team, the staff, the board, and for the many stories of transformed lives. Some of those stories are shared within this report and offer a glimpse of the impact God is bringing through Gospel Entrepreneurs and the Revelation Trust.
INCOME & EXPENDITURE
----- Start of picture text -----
INCOME
HIVE
£45,000
Stewardship
£65,431
TOTAL
Gi Aid
£211,528
£5,865
Direct Giving - Individual
£25,315
Direct Giving -
Organisation
£69,917
EXPENDITURE
Gi
HIVE
£600
£18,174
Video
£8,820
TOTAL
Mentoring
£21,500
£197,958
Residentials
£5,567
Consultancy
£114,586
Admin Support
£14,086
Marketing
£3,094
Expenses
£10,739
Accountancy
£792
----- End of picture text -----
STORIES THAT INSPIRE
We have gathered a collection of powerful individual stories this year, through recording another two seasons of podcasts in partnership with UCB; they show us what happens when God brings together vision, encouragement, and faithful leadership. These stories highlight the courage, creativity, and perseverance of the individuals we have had the privilege to walk alongside. Each one is a testimony to what is possible when Gospel Entrepreneurs are nurtured, supported, and released into their God-given purpose with a little of our mentor’s encouragement and direction. To view and read the full stories, visit our website: www.gospelentrepreneurs.org
Meet Joe Lowther CEO of KICK
“Personal mentoring with Roy Crowne offered me a profound insight into leadership and life, including the centrality of family values and combining spiritual guidance with practical leadership.”
Meet Bob Goody CEO of Rural Missions
“My mentoring through GE has been transformative for me; it provided me with both the clarity and confidence to lead Rural Missions at a national level.”
Meet Michael Yelland Brown
“We have grown from a team of four to fifteen, increased our turnover from £200,000 to £700,000, and expanded our audience from 200,000 to 1.2 million followers.”
Meet Sandra, founder of Ellescope
“I regularly meet with Paul Harvey, who gave me a chance to critically evaluate my team with respect to roles and their future positioning in the company.”
Meet Linda & Nick Castle CLO Coffee
“Alongside the gatherings and national events, having mentors—especially Simon Berry, has been a real lifeline.”
RÈvelatTron Trust Independent Examlnerfs Report to the Trustees of ReveJatl¢)n Trust I report to the charlty trustees on my examination of the accounts for the year ended 31st December 2025 which are set out on pages 8 to 13. Responslbllltles and basls of report A5 the Charlty's trusiees you are resp)nslble for the Pfeparatton of the accounts In accordance wlth the requlremenls of the Charlties Act 2011 Ithe Act). I report In respect of my examination of the Charivs accounts carried out under secilon 145 of the Ati and In carryin8 Oltt my examination I have followed all the applicable tXreciions given by the Charily Commission under Section 1451511bl of the Art. Ind¢perent Examlne¢s ststement I have completed my examlnaibon. I confirm that no maierial matters hJve come to my attentlon In connection with the examlnatlon 8ivlng me cause to believe that in any rnaterlal respect: ccountln8 records were kept In respeci of ihe Charbty as requlred by sectlon 130 01 the Act.. or the accounts do accord with those records: or the accounts do not comply with ihe 4ppIKable requirements concerning the form and conlent of accounts set Ot in the Charlties (Accounts and Reports) Regulations 2LX)8 other than any requirement that Ihe accounts 8Ne a 'lrue and fair view whKh is not a matter considered as part of an independent examination. Alan P ter Wri8ht Wri tandco untants & Tax Advisors 2 Lon8rood Road Rugby Warwickshire CV22 7RG
Rgvelallon Trust Statement of Financial A¢tlvltlo9 Year ended 31st Dec•mber 2025 R•8trlctod Ufir•¥trlctgd Total funds Total fvnd$ fund• fund• 2,026 21124 Income.. Stewardship Dirèel Giving - Organisation Direct Glving - Individual Every Home foi Christ Gift Aid Other HIVE Total Income and Endowm•nt• 65,431 69,917 25,315 65,431 69,917 25,315 86,119 96,652 27,916 5,098 0,238 1.869 5.865 5,865 45,000 45,C¥)O 45.000 211,528 186.528 203.892 ExpendStUf• on: arilable aclivS Consultancy Expenses Marketin9 Adminislralion support Website and online support Travel and subsislencfr Residenlials Biblelcollege events Mentoring Glft General expenses Video HIVE 114,586 10,739 3,094 14,086 114.586 10.739 3.094 14,086 95,263 3,841 8,035 225 8,782 17,695 389 1,000 2,250 2.748 S,S67 5.567 21.SOO 21,500 600 8.820 8,820 18,174 18.174 Accountants fees Total •xpondlturn 792 179.784 792 197.958 792 140,978 18.174 Nel gainsllosseg on investm6nts N¢t In¢om• 26,826 -13,256 13,570 62.914 Tra181• b•twe•n fund8 26,826 -13.256 13.570 62,914 Other r•cognlsed galnsllos•es Bank interest ieceived 6720 fj,720 4,236 Net movem•nt In lund8 26.826 -6,536 20,290 67,150 ROn¢111•t1on ol lund¥: Total funds brought forward 390,750 390,750 323600 Total funds canled folward 26.826 384,214 411,040 390,750 All income and exFenditure derive from continuing xfvrties.
Revelation Trust Balan¢¢ Sh¢¢t Y•ar 8ndgd 31st D8cember 2025 2025 2024 Note Cash al bank and in hand 411,760 391,470 Total As••ls 411,760 391,470 ¢r•dltorn: •mounts fallSng du• wlthln ong y•ar 720 720 N•1 ass•t• 411,040 390,750 Charlty Fund¥ Unreslricled funds ReStrtea fvnds 384,214 390,750 26,826 Totsl ¢harity funds 411,040 390.750 The flnanclal statements were apbxoved and authon8ed for i88ue by the Board on Stgned on half of the Board of Trusleos.. The notes on pages 8 to 12 form part of these financial statements.
Re¥elatlon Trust Notes to the Financial Statements Year ended 31st December 2025 Surnmary of 8n¢•t accouniin8 pollcles lal General Informallon and b851s of preparntlon The Charliv Is an unlncorporated charity. Its only VOiSnB member5 are Its charlty trusiees. It15 8overned by Its CIO Constllution dated 29th March 2018. The Charlty constltutes a publlc beneflt entlty as defined by FRS 102. The financlal statemenis have been prepared in a¢cordaThce wlth Accountin8 and Reportlng by Charities.. Statement ol recommended Practlce applicable to Charltles pieparln8 thelr a¢¢ounts in acctsrttance wlth the Financial Repofting Standard appllcable In the UK and Rebuwlc of Ireland IFRS 1021 Issued on 16th July 2014. the Flnandal fleportlng Standard appllcable In the Uniied Kln8dom and Republ1¢ ol Ireland IFRS 1021, the Charltie5 Act 2011, and UK Generalty Accepted Praciice as It applles Irom 1st January 2015, The Ilnanclal statements are prepared on a 8olng concern basls under the hlstorlcal cost conventlon. The financlal statements are prepared In sierllne whl¢h Is the lunctlonal currency of the charltv. The slgnificant accountln8 pollcie5 applied in the prepafation ol these firtanclal statements are set out below. In addition pollcles have been Induded whlch the irustee5 expect to become relevant as the Charity grow% Ibl Funds Unrestricted funds are available for use at the discretlon of the trustees in furtheranc¢ of the 8ener•l objectlv•s of the Charity and have not been deslgnated othér purpos•S. Dèsignated furyls comprise unre5trKted lunds that have been sei aslde by ihe trus15 loi particul•r purpopses. The aim and use of eKh designated fund Is sei out in the note5 to the finjnciol statement5. Restricted fvnds are fvnd5 which are to be used in accordance with specific restrictions Imposed by donors or whiiti have been raised tr*T the Charity for particular purposes. Thè ¢osi of raisin8 and adminlsterin8 svch funds are charBÈd against thè spetific fund. The airn and use of each restnrted fund Is sèt out in the note5 to the finarKial statnIS. If) Income rn¢01•rt All incomin6 resources are induded In the Statement of Financial Attivitieis ISOFAI when the tharity is legally entitled to the income after any performance conditions have been met, the amount can measured reliably and it is kyobable that the income will be recewed. For donations to be rec¢gni5ed the Charity w¢ll have been notified of the amounts and the settlement date in writing. Il there are condiiions aitached to the donation and this requires a level of ptrfoim3nte befoie entitlement can be obtained then Income is defèrred until those ¢onditions are fL4lly rnet or the fuifFlment of those Condilions iswithin the control of ihe Charity and It Is probable that theywill be fulfilled. io
Revelation Trust Notes to the Flnanclal Statements Year ended 31st December 2025 (¢1 ItKom• re<oinltlon lcontildI Donated facilities and donated professional stThices are reco8nised in Income at thtlr fair value when their economic benefit Is probable. It can be measured reliaNy and the Chaflty has control over the Item, Fail valut is dÈtermined on the basis of the value of the gift to the Charity. For example the amount the Charlty would bè wllllng io pay In the open market lor such facilitles and servlces. A correspondin8 arnosJnt Is reco8nlsed in èxpenditure. No 3mount 15 Included In the flnanclal statements for volunteer tlme In Ilne wlth ihe SORP IFRS 1021. Fof le8acles. entitlement Is the earller of the Charlty beln8 noiified of an Impendln8 d151rlbutlon or the leRa(v bein8 recelved. Ai ihls polnt Sntomt is reco8nlsed. On occasion le8aeies may be notified to the Charity however it 15 not posslble io measure the amount expected to be dlstrltMJted. On these occaslon5, the legaty would be treated as a contin8ent asset and d15closed. Income Irom tradin6 activitles Intludes income earned fron fundraisi ev*nts and tradlng activities to ralse funds for ihe Charity. Income Is rectlved lrt exch)n8e lor supplylnl 8oods and servlces In order to raisè funds and Is rew8nised when eniitlemeni has otturred. Idl Exp•ndltur• r•co8nltlon All exFenditure Is a¢nIed for on an acccrvals basis and h•$ been c1055ed under he•dln85 ihat aggregate all costs related to the cate80ry. Expenditure Is fecoinlsed whefe there Is a le6al or constructive obli8atson to make payments ¢0 third paftles. It is probable that the Settlement wlll be required and ihe amount of the obligatlort can be measured reliabty. li is cate8orlsed under the followlr he•dln85'. Costs of raisin8 fund5.' Expendifure on charltat4e actiwties; ènd Other expenditure represents those iiems noi falling inlo Ihe tste8¢yle5 above. Irrecoverable VAT Is ¢har8ed a$ an expense a8alnst the actlvlty for whlch eXFndItre ar05e. Grants payable to thlrd parties are wtthin the charitable obiectlves. Where unc041diilonal grants are offered. th15 is occurred as soon as the recipient is notified of the granL as this gives rise to a reasonable expedatlon that the reciplent wll e•ve ihe 6rants. Where grants are conditional relating to pertofmance then the grant 15 riot only accrued when any fulfilled tonditions are outside of the control of the Charllv. li
Revelation Trust Notes to the Flnanc5al Statements Year ended 31st Oecember 2025 (el Support tosts allocatlon Support COSts are those that a5515t the work of the Charity but do not dlrectly represent charitable activities and include office costs, governance tosts. and administrative payroll c0515. They are incurred dlrectly in support of expendlture on the objects of the Charlty. Where support cost5 cannot be directly attribuied to particluar headings they have been allocated to cost of raising funds and expenditure on hafltable acilvitles on a a basls conslstent with Ltrse of the resources. Fund-ralsln8 Costs are those Incurred Sn seeking voluntary contributlons and do not include the costs of disseminatin8 information In support of the chafltable activities. 11) Tawlble flxed •ssets Tangible flxed assets are stated at cost lor deemed cosii or valuatlon less accumulated depreclailon and accumulated Impalrment losses. Cost includes costs directly attributable to makin8 the asset capable of operatln8 as Intended. Depreclatlon Is provlded on all tanglble flxed asseis. at rates calculated to write off the cost, less estimateil residual value, of each asset on 8 systematic basls over Its experted useful Ilfe. 18) Provlsions Provisions are recognised when the Charity has an an obligation èt the balance sheet date as a result of past event. it Is probable thai an oufflow of ecor)omlc benefits wlll be requlred in settlement and the amount can be reliably estimated. IhlT The Charity in an exempi chority withiin the meaning of schedule 2 of the Charltles Act 2011 and15 considered to pass the tests set out in Para8Taph I Schedule 6 Finance Act 2010 and therefore it meÈts the definitlon of a charitable company for UK corporation lax purposes. 11) Golnz ¢oncem The financial statements have been prepared on a going conrn basis as the trustees believe that no material uncertainities exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authori5ing these financial statements. The budgeted income and expenditure is sufficient with the ve1 of resetves for the Charity to be able to continue as a 8olng corbcern. 12
RÈvelatTron Trust Independent Examlnerfs Report to the Trustees of ReveJatl¢)n Trust I report to the charlty trustees on my examination of the accounts for the year ended 31st December 2025 which are set out on pages 8 to 13. Responslbllltles and basls of report A5 the Charlty's trusiees you are resp)nslble for the Pfeparatton of the accounts In accordance wlth the requlremenls of the Charlties Act 2011 Ithe Act). I report In respect of my examination of the Charivs accounts carried out under secilon 145 of the Ati and In carryin8 Oltt my examination I have followed all the applicable tXreciions given by the Charily Commission under Section 1451511bl of the Art. Ind¢perent Examlne¢s ststement I have completed my examlnaibon. I confirm that no maierial matters hJve come to my attentlon In connection with the examlnatlon 8ivlng me cause to believe that in any rnaterlal respect: ccountln8 records were kept In respeci of ihe Charbty as requlred by sectlon 130 01 the Act.. or the accounts do accord with those records: or the accounts do not comply with ihe 4ppIKable requirements concerning the form and conlent of accounts set Ot in the Charlties (Accounts and Reports) Regulations 2LX)8 other than any requirement that Ihe accounts 8Ne a 'lrue and fair view whKh is not a matter considered as part of an independent examination. Alan P ter Wri8ht Wri tandco untants & Tax Advisors 2 Lon8rood Road Rugby Warwickshire CV22 7RG
Rgvelallon Trust Statement of Financial A¢tlvltlo9 Year ended 31st Dec•mber 2025 R•8trlctod Ufir•¥trlctgd Total funds Total fvnd$ fund• fund• 2,026 21124 Income.. Stewardship Dirèel Giving - Organisation Direct Glving - Individual Every Home foi Christ Gift Aid Other HIVE Total Income and Endowm•nt• 65,431 69,917 25,315 65,431 69,917 25,315 86,119 96,652 27,916 5,098 0,238 1.869 5.865 5,865 45,000 45,C¥)O 45.000 211,528 186.528 203.892 ExpendStUf• on: arilable aclivS Consultancy Expenses Marketin9 Adminislralion support Website and online support Travel and subsislencfr Residenlials Biblelcollege events Mentoring Glft General expenses Video HIVE 114,586 10,739 3,094 14,086 114.586 10.739 3.094 14,086 95,263 3,841 8,035 225 8,782 17,695 389 1,000 2,250 2.748 S,S67 5.567 21.SOO 21,500 600 8.820 8,820 18,174 18.174 Accountants fees Total •xpondlturn 792 179.784 792 197.958 792 140,978 18.174 Nel gainsllosseg on investm6nts N¢t In¢om• 26,826 -13,256 13,570 62.914 Tra181• b•twe•n fund8 26,826 -13.256 13.570 62,914 Other r•cognlsed galnsllos•es Bank interest ieceived 6720 fj,720 4,236 Net movem•nt In lund8 26.826 -6,536 20,290 67,150 ROn¢111•t1on ol lund¥: Total funds brought forward 390,750 390,750 323600 Total funds canled folward 26.826 384,214 411,040 390,750 All income and exFenditure derive from continuing xfvrties.
Revelation Trust Balan¢¢ Sh¢¢t Y•ar 8ndgd 31st D8cember 2025 2025 2024 Note Cash al bank and in hand 411,760 391,470 Total As••ls 411,760 391,470 ¢r•dltorn: •mounts fallSng du• wlthln ong y•ar 720 720 N•1 ass•t• 411,040 390,750 Charlty Fund¥ Unreslricled funds ReStrtea fvnds 384,214 390,750 26,826 Totsl ¢harity funds 411,040 390.750 The flnanclal statements were apbxoved and authon8ed for i88ue by the Board on Stgned on half of the Board of Trusleos.. The notes on pages 8 to 12 form part of these financial statements.
Re¥elatlon Trust Notes to the Financial Statements Year ended 31st December 2025 Surnmary of 8n¢•t accouniin8 pollcles lal General Informallon and b851s of preparntlon The Charliv Is an unlncorporated charity. Its only VOiSnB member5 are Its charlty trusiees. It15 8overned by Its CIO Constllution dated 29th March 2018. The Charlty constltutes a publlc beneflt entlty as defined by FRS 102. The financlal statemenis have been prepared in a¢cordaThce wlth Accountin8 and Reportlng by Charities.. Statement ol recommended Practlce applicable to Charltles pieparln8 thelr a¢¢ounts in acctsrttance wlth the Financial Repofting Standard appllcable In the UK and Rebuwlc of Ireland IFRS 1021 Issued on 16th July 2014. the Flnandal fleportlng Standard appllcable In the Uniied Kln8dom and Republ1¢ ol Ireland IFRS 1021, the Charltie5 Act 2011, and UK Generalty Accepted Praciice as It applles Irom 1st January 2015, The Ilnanclal statements are prepared on a 8olng concern basls under the hlstorlcal cost conventlon. The financlal statements are prepared In sierllne whl¢h Is the lunctlonal currency of the charltv. The slgnificant accountln8 pollcie5 applied in the prepafation ol these firtanclal statements are set out below. In addition pollcles have been Induded whlch the irustee5 expect to become relevant as the Charity grow% Ibl Funds Unrestricted funds are available for use at the discretlon of the trustees in furtheranc¢ of the 8ener•l objectlv•s of the Charity and have not been deslgnated othér purpos•S. Dèsignated furyls comprise unre5trKted lunds that have been sei aslde by ihe trus15 loi particul•r purpopses. The aim and use of eKh designated fund Is sei out in the note5 to the finjnciol statement5. Restricted fvnds are fvnd5 which are to be used in accordance with specific restrictions Imposed by donors or whiiti have been raised tr*T the Charity for particular purposes. Thè ¢osi of raisin8 and adminlsterin8 svch funds are charBÈd against thè spetific fund. The airn and use of each restnrted fund Is sèt out in the note5 to the finarKial statnIS. If) Income rn¢01•rt All incomin6 resources are induded In the Statement of Financial Attivitieis ISOFAI when the tharity is legally entitled to the income after any performance conditions have been met, the amount can measured reliably and it is kyobable that the income will be recewed. For donations to be rec¢gni5ed the Charity w¢ll have been notified of the amounts and the settlement date in writing. Il there are condiiions aitached to the donation and this requires a level of ptrfoim3nte befoie entitlement can be obtained then Income is defèrred until those ¢onditions are fL4lly rnet or the fuifFlment of those Condilions iswithin the control of ihe Charity and It Is probable that theywill be fulfilled. io
Revelation Trust Notes to the Flnanclal Statements Year ended 31st December 2025 (¢1 ItKom• re<oinltlon lcontildI Donated facilities and donated professional stThices are reco8nised in Income at thtlr fair value when their economic benefit Is probable. It can be measured reliaNy and the Chaflty has control over the Item, Fail valut is dÈtermined on the basis of the value of the gift to the Charity. For example the amount the Charlty would bè wllllng io pay In the open market lor such facilitles and servlces. A correspondin8 arnosJnt Is reco8nlsed in èxpenditure. No 3mount 15 Included In the flnanclal statements for volunteer tlme In Ilne wlth ihe SORP IFRS 1021. Fof le8acles. entitlement Is the earller of the Charlty beln8 noiified of an Impendln8 d151rlbutlon or the leRa(v bein8 recelved. Ai ihls polnt Sntomt is reco8nlsed. On occasion le8aeies may be notified to the Charity however it 15 not posslble io measure the amount expected to be dlstrltMJted. On these occaslon5, the legaty would be treated as a contin8ent asset and d15closed. Income Irom tradin6 activitles Intludes income earned fron fundraisi ev*nts and tradlng activities to ralse funds for ihe Charity. Income Is rectlved lrt exch)n8e lor supplylnl 8oods and servlces In order to raisè funds and Is rew8nised when eniitlemeni has otturred. Idl Exp•ndltur• r•co8nltlon All exFenditure Is a¢nIed for on an acccrvals basis and h•$ been c1055ed under he•dln85 ihat aggregate all costs related to the cate80ry. Expenditure Is fecoinlsed whefe there Is a le6al or constructive obli8atson to make payments ¢0 third paftles. It is probable that the Settlement wlll be required and ihe amount of the obligatlort can be measured reliabty. li is cate8orlsed under the followlr he•dln85'. Costs of raisin8 fund5.' Expendifure on charltat4e actiwties; ènd Other expenditure represents those iiems noi falling inlo Ihe tste8¢yle5 above. Irrecoverable VAT Is ¢har8ed a$ an expense a8alnst the actlvlty for whlch eXFndItre ar05e. Grants payable to thlrd parties are wtthin the charitable obiectlves. Where unc041diilonal grants are offered. th15 is occurred as soon as the recipient is notified of the granL as this gives rise to a reasonable expedatlon that the reciplent wll e•ve ihe 6rants. Where grants are conditional relating to pertofmance then the grant 15 riot only accrued when any fulfilled tonditions are outside of the control of the Charllv. li
Revelation Trust Notes to the Flnanc5al Statements Year ended 31st Oecember 2025 (el Support tosts allocatlon Support COSts are those that a5515t the work of the Charity but do not dlrectly represent charitable activities and include office costs, governance tosts. and administrative payroll c0515. They are incurred dlrectly in support of expendlture on the objects of the Charlty. Where support cost5 cannot be directly attribuied to particluar headings they have been allocated to cost of raising funds and expenditure on hafltable acilvitles on a a basls conslstent with Ltrse of the resources. Fund-ralsln8 Costs are those Incurred Sn seeking voluntary contributlons and do not include the costs of disseminatin8 information In support of the chafltable activities. 11) Tawlble flxed •ssets Tangible flxed assets are stated at cost lor deemed cosii or valuatlon less accumulated depreclailon and accumulated Impalrment losses. Cost includes costs directly attributable to makin8 the asset capable of operatln8 as Intended. Depreclatlon Is provlded on all tanglble flxed asseis. at rates calculated to write off the cost, less estimateil residual value, of each asset on 8 systematic basls over Its experted useful Ilfe. 18) Provlsions Provisions are recognised when the Charity has an an obligation èt the balance sheet date as a result of past event. it Is probable thai an oufflow of ecor)omlc benefits wlll be requlred in settlement and the amount can be reliably estimated. IhlT The Charity in an exempi chority withiin the meaning of schedule 2 of the Charltles Act 2011 and15 considered to pass the tests set out in Para8Taph I Schedule 6 Finance Act 2010 and therefore it meÈts the definitlon of a charitable company for UK corporation lax purposes. 11) Golnz ¢oncem The financial statements have been prepared on a going conrn basis as the trustees believe that no material uncertainities exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authori5ing these financial statements. The budgeted income and expenditure is sufficient with the ve1 of resetves for the Charity to be able to continue as a 8olng corbcern. 12