FINANCIAL REPORTS FOR THE YEAR ENDED 31st MARCH 2026
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 Contact Address: 49 St Nicholoas St, St Andrews, Fife, KY16 8BH
Trustees
Sally Bennett Chair Sanjee Ahmed Treasurer Louise Younger Secretary Liz Crichton Creative Director
Independent Examiner Ms Helen Elizabeth White All Saints’ Rectory 39 North Street St Andrews KY16 9AQ Bankers Co-Operative Bank 1 Balloon St Manchester M4 4BE
Structure, Governance and Management
The charity an SCIO, 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 has been a busy first year, which started by taking part in an exhibition in London and finished by participating in one local to St Andrews. In between we have taken up opportunities to take part in exhibitions, performances and socially engaged projects in both England and Scotland, and to organise and curate an exhibition in the St Andrews Reflective Garden on the theme of Nurturing Hope
The varied programme of contemporary art has been on display at the Telos Box in St Andrews which has displayed work from local and international artists and following a collaboration with DJCAD one of their students. The year ended with Revelation Arts offering a collaborative poetry workshop for the St Andrews International Poetry Festival
We have and will continue to support our Creative Director, in her practice based PhD research exploring the way in which listening as a creative practice can hold open a space for reimmagining a more ideal reality.
We have continued to benefit from the advice of the Accelerate Programme regarding our policies and business plan and more recently our digital media strategy which has been invaluable. We have now established a website presence and designed logos for both Revelation Arts and Telos Box so our brand is recognisable. We will be implementing their recommendations throughout next year.
We end the year having established good working relationships with local artists,other arts organisations, and local universities. We have also taken up opportunities to reach out to other communities further afield, and so look forward to an exciting year ahead.
Financial Review
We are in a healthy financial position, with sufficient funds for the next year and beyond. This has been achieved partly by our trustees being frugal with our funds and not claiming allowable expenses, and giving much in kind support for which we are grateful
Reserves Policy
We agreed in July 2025 to hold at least 3 months operating costs (currently £4,000 in an instant access reserve account. The balance in this account is currently in excess of £16,000
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,
Date: 19 April 2026
Sally Bennett Chair
ANNUAL STATEMENT OF INCOME AND EXPENDITURE 01 April 2025 - 31st March 2026
| INCOME Unrestricted Donations Grants Fees and Sales Gift Aid Bank Interest TOTAL Income EXPENDITURE Charitable Activities Insurance Web and IT Salaries Trustees expenses Employee expenses Art Materials Advertising - logo design + business cards Professional fees Equipment Application Fees Govournance costs Admin TOTAL Expenditure Surplus(Deficit) for year |
Total Funds 2026 25,750.00 - 195.00 6,312.50 23.01 32,280.51 179.20 88.99 10,695.10 - - 76.84 264.33 - 448.52 5.30 - 11,758.28 20,522.23 |
Total Funds 2025 - - - - - - 0.00 - - - - - - - - - - - - 0.00 0.00 |
|---|---|---|
STATEMENT OF BALANCES
| Total | |
|---|---|
| £ | |
| Bank & Cash Balances | |
| Brought Forward | £0.00 |
| Movement in year: | |
| Excess of Receipts over Payments |
£20,522.23 |
| Year end Balances | £20,522.23 |
| Bank Balances | |
| Co-op Charity Account | 4,304.22 |
| Co-op Reserve Account | 16,218.01 |
| Petty Cash | 0.00 |
| Total Balances | 20,522.23 |
The accounts were approved by the Trustees on 19 April 2026
For and on behalf of the Trustees
Sally Bennet, Chair
Sanjee Ahmed, Treasurer
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 2026, 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.
Date:
Helen Elizabeth White
Independent Examiner
09/04/2026
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