FINANCIAL REPORTS FOR THE YEAR ENDED 31st MARCH 2025
CHARITY NUMBER SCO54051
INDEX
| Page | |
|---|---|
| Administrative Information | 3 |
| Annual Report | 4 |
| Income and Expense Account | 6 |
| Statement Of Balances | 7 |
| Auditors Report | 8 |
| Notes to the Accounts | 9 |
Charity Name:
REVELATION ARTS SCO54051
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Independent Examiner
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Bankers
Co-Operative Bank 1 Balloon St Manchester M4 4BE
Structure, Governance and Management
The charity is administered in accordance with the terms of the Deed of Constitution.
Recruitment and Appointment of Trustees
Trustees are appointed by the board by way of a resolution passed by majority vote at a board meeting. At each AGM one third of trustees, either the longest serving or by random ballot, retire but can stand for re-election if they choose.
Organisational Structure
Office bearers - The Chair, Treasurer and Secretary are appointed from within the Trustees and serve for a term of a year. The trustees meet every four months.
Objectives
We aim to inspire people to engage imaginatively with creative and contemporary arts as a revelatory and transformational theological practice. Promoting physical, mental, and emotional wellbeing through the advancement of the arts.
We exist to devise and deliver socially engaged art projects that invite participation from members of the public and commission art works and installations both permanent and temporary, showing preference for those that bring art to new audiences and embrace creativity to unmask the limitations of reality, to nurture and renew hope.
Activities
This being our first year, with only a couple of months since trustees came together to constitute the charity, all our efforts have been focused on charity administration.
We have drawn up our constitution and on 11th March 2025 received aproval from the Office of the Scottish Charity Regulator to be a single tier SCIO
We have had our first trustees meeting since formally being approved, at which we appointed office bearers and approved the charities code of conduct and conflict of interest policy.
We have opened a bank account with the cooperative bank
We have written a job description to employ a Creative Director and approved the appointment of s Creative Director
We have started developing a website for the charity
Financial Review
We don’t currently have any funds. We are investigating different ways of resourcing the charity
Reserves Policy
This will be discussed once we have funds and have an idea of what our income and expenditure will be
Statement of Trustees Responsibilities
The trustees must prepare financial statements which give sufficient detail to enable an appreciation of the transactions of Revelation Arts during the financial year. The trustees are responsible for keeping proper accounting records, which on request must reflect the financial position of Revelation Arts at that time. This must be done to ensure that the financial statements comply with the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 . They are also responsible for safeguarding the assets Revelation Arts and must take reasonable steps for the prevention and/ or detection of fraud and other irregularities.
Approved by the Trustees and signed on their behalf,
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Date: 9th July 2025
Chair
ANNUAL STATEMENT OF INCOME AND EXPENDITURE 11 March 2025 - 31st March 2025
| INCOME Unrestricted Donations Grants Sales Fees and Sales Gift Aid Bank Interest TOTAL Income EXPENDITURE Charitable Activities Insurance Web hosting Salaries Trustees expenses Employee expenses Art Materials Consumables Advertising Utilities Professional fees Equipment Telephone TOTAL Expenditure Surplus(Deficit) for year |
Total Funds 2025 - - - - - - - - - 0.00 - - - - - - - - - - - 0.00 0.00 |
Total Funds 2024 0.00 0.00 0.00 |
|---|---|---|
STATEMENT OF BALANCES
| Bank & Cash Balances Brought Forward Movement in year: Year end Balances Bank Balances Co-op Charity Account Petty Cash Total Balances Excess of Receipts over Payments |
Total £ £0.00 £0.00 0.00 |
|---|---|
The accounts were approved by the Trustees on
For and on behalf of the Trustees
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Respective responsibilities of trustees and examiner
The charity trustees consider that an independent examination is needed under section 44(1)(c) of the Charities and Trustee Investment (Scotland) Act 2005. It is my responsibility to examine the accounts under section 44(1)(c) of the Act and to state whether particular matters have come to my attention.
Basis of Independent Examiner's statement
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 seeks explanations from the trustees concerning such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the accounts.
Independent Examiner's Statement
In the course of my examination of the statement of accounts for the year ended 31st March 2025, no matter has come to my attention:
- Which gives me reasonable cause to believe that in any material respect:
Accounting records have not been kept in accordance with Section44 (1)(a) of the Charities and Trustee Investments (Scotland) Act 2005 and Regulation 4 of the Charities Accounts (Scotland) Regulations 2006
The accounts do not accord with those records
The statement of accounts do not comply with any of the requirements of Regulation 8 of The Charities Accounts (Scotland) Regulations 2006
- To which in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
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Date: 4th May 2025
Independent Examiner
Notes to the Accounts
1. Trustee Renumeration and Related Party Transactions
No Trustee received any renumeration during the year, with the exception of the Creative Director who is employed in accordance with the constitution. No trustee or person related to a trustee had any personal interest in any contract or transaction entered into by the charity during the year. Trustee expenses were reimbursed as shown in the accounts