# **ANNUAL REPORTS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2025**
## **REBEL RESTORATION**
(Charitable Incorporated Organisation)
**CHARITY REGISTRATION No: 1197777**
Castle View Accounting Ltd Ground Floor Offices 53 High Street Arundel West Sussex BN18 9AJ
## **REBEL RESTORATION**
(Charitable Incorporated Organisation)
## **CONTENTS**
|Page 3|Legal and Administrative Information|
|---|---|
|Pages 4 to 6|Trustees' Report|
|Page 7|Statement of Financial Activities|
|Page 8|Balance Sheet|
|Pages 9 to 17|Notes to the Financial Statements|
|Page 18|Independent Examiner's Report|
2
## **REBEL RESTORATION**
(Charitable Incorporated Organisation)
## **LEGAL AND ADMINISTRATIVE INFORMATION**
**CHARITY NUMBER** 1197777 **DATE OF REGISTRATION** 3rd February 2022 **START OF FINANCIAL YEAR** 1st October 2024 **END OF FINANCIAL YEAR** 30th September 2025 **TRUSTEES AS AT 30TH SEPTEMBER 2025** Dr Richard Woodfine Mrs Morven Robertson Mrs Jane Williamson Mr Ciaran Nelson Mr Daniel Bates (Resigned 8th April 2024) Mrs Claire Jenkin (Resigned 10th October 2024) **LEGAL STATUS** Charitable Incorporated Organisation **GOVERNING INSTRUMENT** CIO - Foundation Registered 3rd February 2022, as Amended on 15th May 2025)
## **OBJECTS**
To promote for the benefit of the public the conservation, protection and improvement of the natural environment by the provision of such grants and donations as the Trustees shall think fit in particular for the following: **a** ) Projects focused on removing carbon from the atmosphere and restoring natural habitats. **b** ) Research into projects on the impact of naturalbased carbon removal and the publication of the useful results of such research. **c** ) Raising awareness of the impact of climate change and encourage communities to become involved in nature-based projects.
|**CORRESPONDENCE ADDRESS**|38A Long Grove|
|---|---|
||Seer Green|
||Beaconsfield|
||Buckinghamshire|
||HP9 2YW|
|**PRIMARY BANKERS**|Metro Bank Plc|
||One Southampton Row|
||London|
||WC1B 5HA|
||CAF Bank Ltd|
||25 Kings Hill Avenue|
||Kings Hill|
||West Malling|
||Kent|
||ME19 4JQ|
|**INDEPENDENT EXAMINERS**|Castle View Accounting Ltd|
||Ground Floor Offices|
||53 High Street|
||Arundel|
||West Sussex|
||BN18 9AJ|
3
## **REBEL RESTORATION**
(Charitable Incorporated Organisation)
## **TRUSTEES REPORT FOR THE YEAR ENDED 30TH SEPTEMBER 2025**
## **Aims & Objectives**
Rebel Restoration is a Charitable Incorporated Organisation registered in England & Wales but active across England, Wales and Scotland, with a primary charitable purpose of environmental conservation.
Specifically, Rebel Restoration will provide grants and funding to holistic environmental projects which:
- Remove carbon from the atmosphere whilst restoring natural habitats and biodiversity;
- Develop research on the impact of nature-based carbon removal and;
- Encourage communities to become involved in nature-based projects.
Preferably all three. Mostly in the UK.
## **Achievements**
The primary focus of the charity during this reporting period was for the charity to develop its governance, resourcing and grant administration processes and to actively recruit new funders. Our funding increased vs 2023/4 and we received donations from four new donors. This enabled us to maintain our grant giving to support existing and new partners, namely:
· **Project Seagrass** : core costs to support vital seagrass restoration and research activities on the Welsh coastline;
· **Moors For The Future** : Peatland restoration activity on Ilkley Moor in the north of England and research activities on dense sphagnum planting in the Peak District PLUS support for core research data on wildfires and water table levels;
- **Chiltern Rangers:** Chalk stream restoration and youth conservation in the Chilterns, England;
- **Chiltern Conservation Board: C** itizen science to track biodiversity in the Chilterns, England;
- **Forest of Marston Vale Trust:** Woodland restoration in one of England’s Community Forests;
- **Just One Tree:** Mangrove restoration in Madagascar.
## **Plus:**
· **Soil Association Land Trust:** Community led agro-forestry on a re-generative agriculture farm and education site just outside the M25, England;
· **Good Food Oxford:** Core costs to enable OxFarmtoFork to build a short, fair, zero-emissions supply chain, England;
· **Wild Ingleborough:** Landscape scale restoration across blanket bogs, wood pasture, wildflower meadows and limestone pavement to create connected habitats for rare and threatened species, England;
- **Scotswood Garden:** Community forest garden in Newcastle upon Tyne, England;
- **Tyne Rivers Trust:** Freshwater protection and restoration of the Tyne catchment, England;
- **1 Community Grants:** To Jordans Biodiversity Group to support rewilding, England.
The partners and projects were selected as a result of their carbon, biodiversity and community impact across the UK, being delivered by highly credible groups and partnerships. We updated our selection criteria and assessment process as a result of a review by Pilio (a leading sustainability consultancy) to strengthen our governance and add best practice from industry experts.
We developed a working relationship with Heart of Bucks (our local Community Foundation) to support our grant administration process so we can maintain our low overheads and maximise our efficiency in grant making. We also developed new match-funding relationships to amplify the impact of our grants by enabling project partners to access additional funding, unlocked by their partnership with Rebel Restoration.
4
## **REBEL RESTORATION**
(Charitable Incorporated Organisation)
## **TRUSTEES REPORT (Continued) FOR THE YEAR ENDED 30TH SEPTEMBER 2025**
In October 2024 Claire Jenkin stepped down as Trustee and moved to co-CEO role and with the cessation of trading of Rebel Energy we amended our constitution to remove their right to an ex-officio Trustee. This resulted in a decrease in the number of Trustees from 6 to 4 during this financial period.
Looking ahead, we plan to expand our relationships with our existing partners, ideally to multi-year grants. We are developing a financial framework to enable these commitments. We will also be looking to build new partnerships that expand our habitat and geographic coverage and are actively fundraising to enable our grant making programme to continue.
## **Risk Assessment**
The Trustees actively review the major risks to which Rebel Restoration is exposed and have established systems and procedures to mitigate those risks.
The Trustees identified the loss of our anchor funder to be Rebel Restoration’s major financial risk and were already mitigating this risk when they went into administration. Active efforts are being made to attract additional corporate funders, and we maintain a policy of only awarding grants when funds are in Rebel Restoration’s bank account, thereby minimising risk to our grantees. In addition, the Trustees identified that payment volatility from our funders could lead to liquidity problems for Rebel Restoration and have put in place a reserves policy to ensure Rebel Restoration will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income.
The Trustees have also examined other operational and business risks which they face and confirm that they have established actions to mitigate the significant risks.
## **Reserves Policy**
The Trustees have considered the level of reserves they wish to retain, appropriate to Rebel Restoration’s needs. This is based on Rebel Restoration's size and the level of financial commitments held. We have financial controls in place to ensure no grant is awarded until funds are in Rebel Restoration’s bank account, thereby minimising risk to our grantees; and that reserves of three-months operating costs are retained to ensure Rebel Restoration will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The Trustees are developing a financial framework to enable multi-year grants whilst continuing to minimise the financial risk to our grantees so will be targeting an increase in operational reserves to six months. The Trustees will endeavour not to set aside funds unnecessarily within this framework.
## **Public Benefit**
Rebel Restoration acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how Rebel Restoration has achieved this are provided in the Trustees report. The Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities Rebel Restoration should undertake.
## **Trustees Selection Method**
The Trustees are appointed in accordance with the Charity's Governing Document.
5
REBEL RESTORATION
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## **REBEL RESTORATION**
(Charitable Incorporated Organisation)
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30TH SEPTEMBER 2025**
|**Note**
**INCOMING RESOURCES**
**Incoming Resources from Generated Funds**
Donations, Grants & Legacies
**3a**
Investment Income
**3b**
**TOTAL INCOMING RESOURCES**
**RESOURCES EXPENDED**
**Costs of Generating Funds**
Charitable Activities
**4a**
Governance Costs
**4b**
**TOTAL RESOURCES EXPENDED**
**NET INCOMING (OUTGOING) RESOURCES**
Total Funds Brought Forward
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
Designated
Restricted
**TOTAL**
**TOTAL**
Funds
Funds
Funds
**2024/25**
**2023/24**
£
£
£
£
£
134,982
412,350
-
547,332
481,348
1,054
-
-
1,054
718
**136,036**
**412,350**
**-**
**548,386**
**482,066**
75,069
412,350
-
487,419
532,413
1,883
-
-
1,883
1,380
**76,952**
**412,350**
**-**
**489,302**
**533,793**
**59,084**
**-**
**-**
**59,084**
**(51,727)**
29,408
30,000
-
59,408
111,135
**88,492**
**30,000**
**-**
**118,492**
**59,408**|
|---|---|
Movements on all reserves and all recognised gains and losses are shown above. All of the organisation's operations are classed as continuing.
The notes on pages 9 to 17 form part of these dormant financial statements.
7
REBEL RESTORATION
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15,637
181.012
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29.408
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## **REBEL RESTORATION**
(Charitable Incorporated Organisation)
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2025**
## **1. ACCOUNTING POLICIES**
## **Basis of Preparation & Assessment of Going Concern**
## **Basis of Preparation**
The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP 2015) (Second Edition, effective 1st January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and the Charities Act 2011.
The Charity meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost unless otherwise stated in the relevant accounting policy notes.
## **Assessment of Going Concern**
Preparation of the accounts is on a going concern basis. The trustees consider that there are no material uncertainties about the Charity’s ability to continue as a going concern.
## **Incoming Resources**
## _**Recognition of Incoming Resources**_
These are included in the Statement of Financial Activities (SOFA) when:
▪ the charity becomes entitled to the resources;
▪ the trustees are virtually certain they will receive the resources; and
▪ the monetary value can be measured with sufficient reliability
## _**Incoming Resources with Related Expenditure**_
Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resource and related expenditure are reported gross in the SOFA.
## _**Grants and Donations**_
Grants and Donations are only included in the SOFA when the charity has unconditional entitlement to the resources.
## _**Tax Reclaims on Donations and Gifts**_
Incoming resources from tax reclaims are included in the SOFA at the same time as the gift to which they relate.
## _**Contractual Income and Performance Related Grants**_
This is only included in the SOFA once the related goods or services has been delivered.
## _**Gifts in Kind**_
Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SOFA as incoming resources when receivable.
## _**Donated Services and Facilities**_
These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received.
## _**Volunteer Help**_
The value of any voluntary help received is not included in the accounts.
## _**Investment Income**_
This is included in the accounts when receivable.
## _**Investment Gains and Losses**_
This included any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.
9
## **REBEL RESTORATION**
(Charitable Incorporated Organisation)
## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 30TH SEPTEMBER 2025**
## **1. ACCOUNTING POLICIES (continued)**
## **Expenditure and Liabilities**
## _**Liability Recognition**_
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
## _**Governance Costs**_
Include costs of the preparation and examination of statutory accounts, the costs of the trustees meetings and cost of any legal advise to trustees on governance or constitutional matters.
## _**Grants with Performance Conditions**_
Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SOFA once the recipient of the grant has provided the specified service or output.
## _**Grants Payable without Performance Conditions**_
These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to a grant which remain in control of the charity.
## _**Support Costs**_
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of the resources, eg allocating property costs by floor areas, or per capital employed, staff costs by the time spent and other costs by their usage.
## _**Unrestricted Funds**_
These funds can be used for the general objectives of the charity as set out in the trustees report. The movements of the unrestricted funds are given in the Statement of Financial Activities.
## _**Restricted Funds**_
These funds are where the donor has specified a purpose for the donation made. These restrictions often arise as a result of appeals for special offerings for specific purposes.
## _**Designated Funds**_
These funds are funds set aside by the trustees out of unrestricted general funds for specific purposes or projects.
## _**Investments**_
Investments quoted on a recognised stock exchange are valued at market value at the year end. Other investment assets are included at trustees' best estimate of market value.
## _**Taxation**_
The charity is exempt from tax on its charitable activities.
## _**Fixed Assets**_
Fixed Assets are capitalised if they can be used for more than one year and cost at least £1,500. They are valued at cost or, if gifted, at the value to the charity on receipt.
## **2. TANGIBLE FIXED ASSETS**
The CIO held no tangible fixed assets during this or the previous financial year.
The annual commitments under non-cancelling operating leases and capital commitments are as follows: 30th September 2025 : None 30th September 2024 : None
10
## **REBEL RESTORATION**
(Charitable Incorporated Organisation)
## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 30TH SEPTEMBER 2025**
## **3. INCOMING RESOURCES**
|**Note**
**a) Donations, Grants & Legacies**
Gifts & Donations
**6**
**b) Investment Income**
Interest
**4. RESOURCES EXPENDED**
**a) Cost of Charitable Activities**
Bank Charges
Consultancy Fees
Gifts & Grants
**6 & 8**
Insurance Costs
License & Subscriptions
Rent & Rates
Staff Costs
Sundry Expenses
Training Costs
Travel & Subsistence
**b) Governance Costs**
Independent Examiners Fees
**9**
Legal & Professional Fees|Unrestricted
Designated
Restricted
**TOTAL**
**TOTAL**
Funds
Funds
Funds
**2024/25**
**2023/24**
£
£
£
£
£
134,982
412,350
-
547,332
481,348
**134,982**
**412,350**
**-**
**547,332**
**481,348**
1,054
-
-
1,054
718
**1,054**
**-**
**-**
**1,054**
**718**
Unrestricted
Designated
Restricted
**TOTAL**
**TOTAL**
Funds
Funds
Funds
**2024/25**
**2023/24**
£
£
£
£
£
124
-
-
124
85
19,964
-
-
19,964
6,000
-
412,350
-
412,350
468,996
632
-
-
632
164
147
-
-
147
1,702
286
-
-
286
-
50,410
-
-
50,410
31,458
1,538
-
-
1,538
380
-
-
-
-
22,604
1,968
-
-
1,968
1,023
**75,069**
**412,350**
**-**
**487,419**
**532,413**
1,560
-
-
1,560
1,380
323
-
-
323
-
**1,883**
**-**
**-**
**1,883**
**1,380**|
|---|---|
11
## **REBEL RESTORATION**
(Charitable Incorporated Organisation)
## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 30TH SEPTEMBER 2025**
## **5. INVESTMENTS**
## **CURRENT FINANCIAL YEAR**
|Highlands Rewilding Ltd
**PREVIOUS FINANCIAL YEAR**
Highlands Rewilding Ltd
Cost Value
01-Oct-24
Additions
Disposals
Gains/(Losses) on Investments
Market Value
30-Sep-25|**Balance**
Profit/(Loss)
Additions/
**Balance**
**01-Oct-24**
On Investment
(Disposals)
**30-Sep-25**
£
£
£
30,000
-
-
30,000
**30,000**
**-**
**-**
**30,000**
**Balance**
Profit/(Loss)
Additions/
**Balance**
**01-Oct-23**
On Investment
(Disposals)
**30-Sep-24**
£
£
£
30,000
-
-
30,000
**30,000**
**-**
**-**
**30,000**
Highlands
Unrestricted
Restricted
**Balance**
Rewilding Ltd
Fund
Fund
**30-Sep-25**
£
£
£
**£**
30,000
30,000
-
30,000
-
-
-
-
-
-
-
-
-
-
-
-
**30,000**
**30,000**
**-**
**30,000**|
|---|---|
## **Highlands Rewilding Ltd**
The Charity holds investments with Highlands Rewilding Ltd (Registered Company Number SC701646) and the original indexed book investment as at the 30th September 2024 was £30,000 and the Charity holds 3,000 Ordinary Shares in the Company. The market value of the investment held stood at £30,000 as at 30th September 2025.
12
## **REBEL RESTORATION**
(Charitable Incorporated Organisation)
## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 30TH SEPTEMBER 2025**
## **6. DESIGNATED FUNDS**
## **CURRENT FINANCIAL YEAR**
**----- Start of picture text -----**
Balance Balance
01-Oct-24 Income Expenditure Transfers 30-Sep-25
£ £ £ £ £
Chiltern Cons Board - Tracking the Impact - 76,600 76,600 - -
Chiltern Rangers - Rebel Rangers - 15,000 15,000 - -
Community Grant - Jordans Biodiversity Group - 1,000 1,000 - -
Good Food Oxford - OxFarmtoFork - 50,000 50,000 - -
Heart of Bucks - Heart of Bucks Support - 8,800 8,800 - -
Highlands Rewilding Ltd 30,000 - - - 30,000
JUST ONE Tree - Mangroves - 20,000 20,000 - -
Moors for the Future - Dense Sphagnum - 59,500 59,500 - -
Moors for the Future - Peat Restoration Science - 37,450 37,450 - -
Heart of Bucks - Soil Association Land Trust - 25,000 25,000 - -
Project Seagrass - Boat Sponsorship - 6,500 6,500 - -
Scotswood Garden - Community Forest Garden - 2,500 2,500 - -
Tyne Rivers Trust - Tyne River Restoration - 10,000 10,000 - -
Wild Ingelborough - Landscape Restoration - 100,000 100,000 - -
30,000 412,350 412,350 - 30,000
**----- End of picture text -----**
## **PREVIOUS FINANCIAL YEAR**
|Chiltern Cons Board - Tracking the Impact
Chiltern Rangers - Rebel Rangers
Chiltern Rangers - Wye River Restoration
Comm Grant - Charter School East Dulwich
Community Grant - Ballynure Primary
Community Grant - Chiltern Rangers
Community Grant - Monkspath School
Community Grant - Seer Green School
Community Grant - St Ives School
Community Grant - St Uny CofE School
Community Grant - West Grantham CofE Sch
Forest of Marston Vale - Restoration
Highlands Rewilding Ltd
JUST ONE Tree - Mangroves
Moors for the Future - Dense Sphagnum
Moors for the Future - Ilkley Moor
Project Seagrass - Boat Sponsorship
Project Seagrass - N Wales Monitoring
Project Seagrass - S Wales Restoration
Seawilding - Seagrass and Native Oysters|**Balance**
**Balance**
**01-Oct-23**
Income
Expenditure
Transfers
**30-Sep-24**
£
£
£
£
£
-
28,300
28,300
-
-
-
9,600
9,600
-
-
-
30,000
30,000
-
-
-
1,000
1,000
-
-
-
1,000
1,000
-
-
-
3,600
3,600
-
-
-
1,000
1,000
-
-
-
1,000
1,000
-
-
-
1,000
1,000
-
-
-
1,000
1,000
-
-
-
996
996
-
-
-
75,000
75,000
-
-
30,000
-
-
-
30,000
-
7,000
7,000
-
-
-
148,000
148,000
-
-
-
31,500
31,500
-
-
-
11,500
11,500
-
-
-
3,000
3,000
-
-
-
52,000
52,000
-
-
-
62,500
62,500
-
-
**30,000**
**468,996**
**468,996**
**-**
**30,000**|
|---|---|
The designated funds held are represented by the investments held with Highland Rewilding Ltd and the Charity's cash reserves.
13
## **REBEL RESTORATION**
(Charitable Incorporated Organisation)
## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 30TH SEPTEMBER 2025**
## **7. RESTRICTED FUNDS**
The CIO held no restricted funds during this or the previous financial year.
## **8. GRANTS PAYABLE**
|Chiltern Cons Board - Tracking the Impact
Chiltern Rangers - Rebel Rangers
Chiltern Rangers - Wye River Restoration
Comm Grant - Charter School East Dulwich
Community Grant - Ballynure Primary
Community Grant - Chiltern Rangers
Community Grant - Jordans Biodiversity Group
Community Grant - Monkspath School
Community Grant - Seer Green School
Community Grant - St Ives School
Community Grant - St Uny CofE School
Community Grant - West Grantham CofE Sch
Forest of Marston Vale - Restoration
Good Food Oxford - OxFarmtoFork
Heart of Bucks - Heart of Bucks Support
Heart of Bucks - Soil Association Land Trust
JUST ONE Tree - Mangroves
Moors for the Future - Dense Sphagnum
Moors for the Future - Ilkley Moor
Moors for the Future - Peat Restoration Science
Project Seagrass - Boat Sponsorship
Project Seagrass - N Wales Monitoring
Project Seagrass - S Wales Restoration
Scotswood Garden - Community Forest Garden
Seawilding - Seagrass and Native Oysters
Tyne River Trust - Tyne River Restoration
Wild Ingelborough - Ingleborough Landscape Restoration|Grants to
Grants to
**TOTAL**
**TOTAL**
Institutions
Individuals
**2024/25**
**2023/24**
£
£
£
£
76,600
-
76,600
28,300
15,000
-
15,000
9,600
-
-
-
30,000
-
-
-
1,000
-
-
-
1,000
-
-
-
3,600
1,000
-
1,000
-
-
-
-
1,000
-
-
-
1,000
-
-
-
1,000
-
-
-
1,000
-
-
-
996
-
-
-
75,000
50,000
-
50,000
-
8,800
-
8,800
-
25,000
-
25,000
-
20,000
-
20,000
7,000
59,500
-
59,500
148,000
-
-
-
31,500
37,450
-
37,450
-
-
-
-
11,500
-
-
-
3,000
-
-
-
52,000
2,500
-
2,500
-
6,500
-
6,500
62,500
10,000
-
10,000
-
100,000
-
100,000
-
**412,350**
**-**
**412,350**
**468,996**|
|---|---|
14
## **REBEL RESTORATION**
(Charitable Incorporated Organisation)
## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 30TH SEPTEMBER 2025**
## **9. CASH AT BANK AND IN HAND**
|Cash at Bank & in Hand
**10. DEBTORS AND PREPAYMENTS**
Sundry Debtors|Unrestricted
Restricted
**TOTAL**
**TOTAL**
Fund
Fund
**30-Sep-25**
**30-Sep-24**
£
£
**£**
**£**
104,129
-
104,129
204,916
**104,129**
**-**
**104,129**
**204,916**
Unrestricted
Restricted
**TOTAL**
**TOTAL**
Fund
Fund
**30-Sep-25**
**30-Sep-24**
£
£
**£**
**£**
-
-
-
5,504
**-**
**-**
**-**
**5,504**|
|---|---|
## **11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Grant Obligations
Independent Examiner's Fee
PAYE & N.I
Sundry Creditors|Unrestricted
Restricted
**TOTAL**
**TOTAL**
Fund
Fund
**30-Sep-25**
**30-Sep-24**
£
£
**£**
**£**
10,500
-
10,500
173,640
1,560
-
1,560
1,380
3,357
-
3,357
5,992
220
-
220
-
**15,637**
**-**
**15,637**
**181,012**|
|---|---|
## **12. CREDITORS: AMOUNTS FALLING DUE IN MORE THAN ONE YEAR**
The CIO held no long term liabilities during this or the previous financial year.
## **13. NET ASSETS BETWEEN FUNDS**
|Fixed Asset Investments
Net Current Assets
Long Term Liabilities|Unrestricted
Restricted
**TOTAL**
**TOTAL**
Fund
Fund
**30-Sep-25**
**30-Sep-24**
£
£
**£**
**£**
30,000
-
30,000
30,000
88,492
-
88,492
29,408
-
-
-
-
**118,492**
**-**
**118,492**
**59,408**|
|---|---|
15
## **REBEL RESTORATION**
(Charitable Incorporated Organisation)
## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 30TH SEPTEMBER 2025**
## **14. STAFF COSTS AND NUMBERS**
|Gross Wages, Salaries & Fees
Employer's National Insurance Costs
Pension Contributions
Employees who were engaged in each of the following activities:
Charitable Activities|**TOTAL**
**2024/25**
£
44,198
4,344
1,869
**50,410**
**TOTAL**
**2024/25**
2|**TOTAL**
**2023/24**
£
27,479
2,746
1,233
**31,458**
**TOTAL**
**2023/24**
1|
|---|---|---|
The Charity operates a PAYE scheme to pay all members of employed staff and no employees received emoluments in excess of £60,000 (2023/24:None).
## **15. PAYMENTS TO TRUSTEES AND RELATED PARTY TRANSACTIONS**
During the financial year Trustee Dr Richard Woodfine received £18,769 in salary related payments and £202 in expenses in furtherance of the Charity's objects. All conflicts of interest have been identified, documented and managed in accordance with the Charity's Governing Document.
During the financial year Trustee Mrs Claire Jenkin received £25,385 in salary related payments and £2,170 in expenses in furtherance of the Charity's objects. Trustee Mrs Claire Jenkin resigned as a Trustee on the 10th October 2024 and all conflicts of interest have been identified, documented and managed in accordance with the Charity's Governing Document.
The only other payments made to the Trustees related to reimbursements of expenses incurred in furthering the Charity's objects.
No other payments were made to Trustees or any persons connected with them during this financial period. No material transaction took place between the organisation and a Trustee or any person connected with them (2023/24:None).
## **16. RISK ASSESSMENT**
The Trustees actively review the major risks to which Rebel Restoration is exposed and have established systems and procedures to mitigate those risks.
The Trustees consider the loss of our anchor funder to be Rebel Restoration’s major financial risk. Active efforts are being made to attract additional corporate funders, and we maintain a policy of only awarding grants when funds are in Rebel Restoration’s bank account, thereby minimising risk to our grantees. In addition, the Trustees identified that payment volatility from our funders could lead to liquidity problems for Rebel Restoration and have put in place the reserves policy to ensure Rebel Restoration will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income.
The Trustees have also examined other operational and business risks which they face and confirm that they have established actions to mitigate the significant risks.
16
## **REBEL RESTORATION**
(Charitable Incorporated Organisation)
## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 30TH SEPTEMBER 2025**
## **16. RISK ASSESSMENT (Continued)**
The Trustees have considered the level of reserves they wish to retain, appropriate to the Rebel Restoration’s needs. This is based on Rebel Restoration's size and the level of financial commitments held. We have financial controls in place to ensure no grant is awarded until funds are in Rebel Restoration’s bank account, thereby minimising risk to our grantees and that reserves of 3-months operating costs are retained to ensure Rebel Restoration will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure.
The Trustees are developing a financial framework to enable multi-year grants whilst continuing to minimise the financial risk to our grantees so will be targeting an increase in operational reserves to 6 months and the development of an endowment style fund to provide longer term financial resilience. The Trustees will endeavour not to set aside funds unnecessarily within this framework.
## **18. PUBLIC BENEFIT**
Rebel Restoration acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how Rebel Restoration has achieved this are provided in the Trustees report. The Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities Rebel Restoration should undertake.
17
## **REBEL RESTORATION**
(Charitable Incorporated Organisation)
## **INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS**
Report to the trustees/ members of Rebel Restoration on the accounts for the year ended 30th September 2025 set out on pages 7 to 17.
## **Respective responsibilities of trustees and examiner**
The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is my responsibility to:
- examine the accounts under section 145 of the Charities Act,
- follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
- state whether particular matters have come to my attention
## **Basis of independent examiner’s statement**
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
## **Independent examiner's statement**
The charity's gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of the Association of Accounting Technicians.
In connection with my examination, no matter has come to my attention:
1. which gives me reasonable cause to believe that in any material respect, the requirements:
- to keep accounting records in accordance with section 130 of the Charities Act; and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act
have not been met; or
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
K. Collaku MAAT Castle View Accounting Ltd Ground Floor Offices 53 High Street Arundel West Sussex BN18 9AJ
Date: 7th July 2026
18