The Revival Movement Association
Latest income
£3.1m
Latest spending
—
Accounts read
FY2024
Financial health, per FY2024 accounts
The accounts state that the charity reported a deficit of £550,978 for the year ended 31 December 2024, resulting in a decrease in unrestricted reserves to £3,648,461. The trustees consider this level of reserves acceptable against their calculated requirement of £1,075,810 for annual running costs plus £350,000 for paper purchases. The auditor issued a qualified opinion due to limitations on audit evidence regarding an asset in Nigeria, but confirmed the going concern basis is appropriate.
What the accounts disclose
Highest-paid employee band: Under £60,000
“There were no employees whose annual remuneration was more than £60,000.” — page 22
Per FY2024 accounts as filed with CCNI.
Payments to trustees: Samuel Adams (£35,676 salary + £1,177 pension), Clive Allen (£23,166 salary + £677 pension), Heather Mercer (£25,218 salary + £759 pension).
“The following directors/trustees received gross salaries, including overtime where applicable, in the year ended 31 December 2024: Samuel Adams £35,676 Clive Allen £23,166 Heather Mercer £25,218” — page 22
Per FY2024 accounts as filed with CCNI.
Related-party transaction: Cleaning services provided by Office Hero Ltd, owned by David Adams (son of trustee Samuel Adams).
“The services received consisted of cleaning services provided by Office Hero Ltd, a company owned by David Adams, son of trustee Samuel Adams The services are provided under normal market conditions.” — page 26
Per FY2024 accounts as filed with CCNI.
Audit opinion: qualified
“We were unable to obtain sufficient appropriate audit evidence regarding the valuation, existence and title to this asset as the legal process in still ongoing in Nigeria.” — page 9
Per FY2024 accounts as filed with CCNI.
Employees paid over £60,000: 0
Per FY2024 accounts as filed with CCNI.
Reserves policy: £1,075,810 for annual running costs plus £350,000 for paper purchase (held: £3.6m)
“The trustees/directors calculate that £1,075,810 of unrestricted reserves are required to finance annual running costs, in addition at any one time liquid funds of approximately £350,000 are required to finance the purchase of Paper” — page 5
Per FY2024 accounts as filed with CCNI.
Governance note: Qualified opinion issued due to inability to obtain sufficient appropriate audit evidence regarding valuation, existence and title to an asset in Nigeria.
“We were unable to obtain sufficient appropriate audit evidence regarding the valuation, existence and title to this asset as the legal process in still ongoing in Nigeria.” — page 9
Per FY2024 accounts as filed with CCNI.
Independent examiner: McCreery Turkington Stockman Ltd
Per FY2024 accounts as filed with CCNI.