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 -----**<br>
INCOME<br>HIVE<br>£45,000<br>Stewardship<br>£65,431<br>TOTAL<br>Gi Aid<br>£211,528<br>£5,865<br>Direct Giving - Individual<br>£25,315<br>Direct Giving -<br>Organisation<br>£69,917<br>EXPENDITURE<br>Gi<br>HIVE<br>£600<br>£18,174<br>Video<br>£8,820<br>TOTAL<br>Mentoring<br>£21,500<br>£197,958<br>Residentials<br>£5,567<br>Consultancy<br>£114,586<br>Admin Support<br>£14,086<br>Marketing<br>£3,094<br>Expenses<br>£10,739<br>Accountancy<br>£792<br>**----- End of picture text -----**<br>




## **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¢per￿ent 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 O￿t 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
Tra￿181• 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
R￿On¢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
ReStr￿tea 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 trus1￿5 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 stat￿￿nIS.
If) Income rn¢0￿￿1•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 lcontil￿dI
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 eXF￿ndIt￿re 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 con￿rn 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¢per￿ent 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 O￿t 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
Tra￿181• 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
R￿On¢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
ReStr￿tea 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 trus1￿5 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 stat￿￿nIS.
If) Income rn¢0￿￿1•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 lcontil￿dI
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 eXF￿ndIt￿re 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 con￿rn 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