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REGISTERED CHARITY NUMBER: 1136166
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REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 FOR PILGRIM BANDITS
Romsey Accountants GDT Limited Unit 3 Shelley Farm Shelley Lane Ower Romsey Hampshire SO51 6AS
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PILGRIM BANDITS CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
Page Report of the Trustees 1 to 2 Independent Examiner's Report 3 StatementBalance Sheetof Financial Activities 45 Notes to the Financial Statements 6 to 11 Detailed Statement of Financial Activities 12 to 13
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PILGRIM BANDITS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021
The trustees present their report with the financial statements of the charity for the year ended 31 March 202). The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland OBJECTIVES(FRS 102) (effectiveAND ACTIVITIES1 January 2019). , Objectives and aims ‘
Objectives and aims ‘ The Charity's objective and aim is to provide support to injured service men and women, including those in the emergency services.
Significant activities Pilgrim Bandits know that adversity, challenges and obstacles serve to strengthen the human spirit. But for some of those we support, just to smile or enjoy the company of others is an almost insurmountable task. We endeavour to get them to believe in a life worth living again. Through Pilgrim Bandits they push to new limits. They help others through raising funds like other STRUCTURE,charities. GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number 1136166
Principal address Unit 2A
Queensway Industrial Estate Stem Lane New Milton BH25 5NN
Trustees
PL Buckley FCA B Gregory (resigned 1.12.21) Miss H A Stewart Mrs D Dernie {resigned 1.9.21) D Bearman (resigned 1.9.21) T Arnett (appointed 1.9.21) G Jones {appointed 1.9.21)
Independent Examiner Romsey Accountants GDT Limited Unit 3 Shelley Farm Shelley Lane Ower Romsey Hampshire S051 6AS
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PILGRIM BANDITS
REPORTFOR THEOF YEAR THE ENDED TRUSTEES 31 MARCH 2021
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Approved by order of the board of trustees on A FEBRUARN 27 O22. and signed on its behalf by:
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF PILGRIM BANDITS Independent examiner's report to the trustees of Pilgrim Bandits I report to the charity trustees on my examination of the accounts of Pilgrim Bandits (the Trust) for the year ended 31 March 2021.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). | report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination | have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
i. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports} Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accaunts to be reached.
Peter Pring FCA Romsey Accountants GDT Limited Unit 3 Shelley Farm Shelley Lane Ower Romsey Hampshire S051 6AS
Date: Jd FEB CUARY. 202)
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PILGRIM BANDITS
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021
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|31.3.21|31.3.20|
|Unrestricted|Total|
|fund|funds|
|Notes|&|&|
|INCOMEDonations AND and ENDOWMENTS legacies|FROM|206,141|133,905|
|Other trading activities|2|14,941|77,188|
|Investment income|3|532|1,231|
|—S—|ne|
|Total|221,614|212,324|
|EXPENDITURERaising funds|ON|4|69,282|100,546|
|Charitable|activities|
|Grants|paid|99,959|73,720|
|Other|-|4,900|
|Total|169,241|179,166|
|NET INCOME|52,373|33,158|
|RECONCILIATION|OF|FUNDS|
|Total funds brought|forward|465,227|432,069|
|TOTAL FUNDS CARRIED FORWARD|517,600|465,227|
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The notes form part of these financial statements
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PILGRIM BANDITS
BALANCE SHEET 31 MARCH 2021
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|31.3.21|31,3.20|
|Unrestricted|Total|
|fund|funds|
|Notes|&|£|
|TangibleFIXED|ASSETS assets|8|17,419|23,358|
|CURRENT|ASSETS|
|Debtors|9|4,120|3,120|
|Cash|at bank|502,435|446,143|
|506,555|449,263|
|CREDITORS|
|Amounts|falling due within|one year|10|(6,374}|(7,394)|
|NET CURRENT ASSETS|500,181|441,869|
|TOTAL ASSETS|LESS|CURRENT|
|LIABILITIES|517,600|465,227|
|NET ASSETS|517,600|465,227|
|FUNDS|11|
|Unrestricted|funds|517,600|465,227|
|TOTAL FUNDS|517,600|465,227|
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The financial statements were approved by the Board of Trustees and authorised for issue on 22.FEBRUARY...2Z022......., and were signed on its behalf by:
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HA Stewart 7 Trustee ,
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The notes form part of these financial statements
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PILGRIM BANDITS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
1, ACCOUNTING POLICIES
Basis of preparing the financial statements ‘The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)’, Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
Ali income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income wil] be received and the amount can be measured reliably.
Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - at varying rates on cost
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting , Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the Hirefinancial purchasestatements. and leasing commitments Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
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PILGRIM BANDITS
NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2021
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|—s|a|——— ee|———|SSS|————|—|
|2.|OTHER TRADING ACTIVITIES|31.3.21|31.38.20|
|&|&|
|Fundraising events|-|65,556|
|Merchandise|income|14,941|11,632|
|14,941|77,188|
|3.|INVESTMENT INCOME|31.3.21|31.3.20|
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|Deposit account|interest|532|1,231|
|4.|RAISING|FUNDS|
|Raising donations and legacies|31.3.21|31,.3.20|
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|Support costs|-|1,305|
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- TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees’ remuneration or other benefits for the year ended 31 March 2021 nor for the year ended 31 March 2020.
Trustees’ expenses
There were no trustees’ expenses paid for the year ended 3] March 2021 nor for the year ended 31 March 2020.
- STAFF COSTS
The average monthly number of employees during the year was as follows:
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|31.83.21|3:123:20|
|Administrative|staff|1|1|
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No employees received emoluments in excess of £60,000.
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PILGRIM BANDITS
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021
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|7.|COMPARATIVES|FOR THE|STATEMENT|OF FINANCIAL ACTIVITIES|
|Unrestrict|
|fund|
|&|
|INCOME AND ENDOWMENTS|FROM|
|Donations|and|legacies|133,905|
|Other|trading|activities|77,188|
|Investment|income|1.2311|
|Total|212,324|
|EXPENDITURE|ON|
|Raising funds|100,546|
|Charitable|activities|
|Grants|paid|73,720|
|Other|4,900|
|Total|179,166|
|NET INCOME|33,158|
|RECONCILIATION OF FUNDS|
|Total funds brought forward|432,069|
|TOTAL FUNDS CARRIED FORWARD|465,227|
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PILGRIM BANDITS
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021
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|8.|TANGIBLE|FIXED|ASSETS|
|Fixtures|
|Plant|and|and|Motor|Computer|
|machinery|fittings|vehicles|equipment|Totals|
|&|£|£|£&|£|
|COST|
|At|1|April|2020|and|
|31|March|2021|51,690|847|30,041|5,192|87,770|
|DEPRECIATION|
|At|1|April|2020|33,919|758|24,943|4,792|64,412|
|Charge|for year|4,443|22,|1,274|200|5,939|
|———|re|——|———__—-|a|———|
|At|31|March|2021|38,362|780|26,217|4,992|70,351|
|NET|BOOK VALUE|
|At|31|March|2021|13,328|67|3,824|200|17,419|
|At|31|March|2020|17,771|89|5,098|400|23,358|
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|9.|DEBTORS:|AMOUNTS|FALLING DUE|WITHIN|ONE YEAR|
|31.3.21|31.3.20|
|&|&|
|Prepayments|4,120|3,120|
|10.|CREDITORS:|AMOUNTS|FALLING DUE|WITHIN ONE YEAR|
|31.3.21|31.3.20|
|&|&|
|Trade|creditors|“|49|
|Taxation|and|social|security|449|492|
|Other|creditors|5,925|6,853|
|6,374|7,394|
|11.|MOVEMENT IN FUNDS|Net|
|movement|At|
|At|1.4.20|in|funds|3139/21|
|&|£|&|.|
|Unrestricted|funds|
|General|fund|465,227|52,373|517,600|
|TOTAL FUNDS|465,227|52,373|517,600|
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PILGRIM BANDITS NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021
$$ —— Ee ————$———— — a
11, MOVEMENT IN FUNDS - continued
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|Net movement in funds,|included|in the above are as follows:|
|Incoming|Resources|Movement|
|resources|expended|in|funds|
|£|£|£|
|Unrestricted|funds|
|Generai|fund|221,614|(169,241)|52,373|
|TOTAL FUNDS|221,614|(169,241)|52,373|
|—|—————|
|Comparatives for movement in funds|
|Net|
|movement|At|
|At|1.4.19|in|funds|31.3.20|
|&|£|£&|
|UnrestrictedGeneral fund|funds|432,069|33,158|465,227|
|TOTAL FUNDS|432,069|33,158|465,227|
|et|—————~==|——————|
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Comparative net movement in funds, included in the above are as follows:
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|Incoming|Resources|Movement|
|resources|expended|__|in|funds|
|&|&|&|
|Unrestricted|funds|
|General|fund|212,324|(179, 166)|33,158|
|TOTAL FUNDS|212,324|(179,166)|33,158|
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A current year 12 months and prior year 12 months combined position is as follows:
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|Net|
|movement|At|
|At|1.4.19|in|funds|31.3.21|
|£|£|&|
|Unrestricted|funds|
|General|fund|432,069|85,531|517,600|
|TOTAL FUNDS|432,069|«85,531|~—«517,600|
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PILGRIM BANDITS
NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2021
- Sec eons —— —$———<— —— —~ —— —— eee
11, MOVEMENT IN FUNDS- continued
includedA current inyear the above12 months are as follows:and prior year 12 months combined net movement in funds,
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|Incoming|Resources|Movement|
|resources|expended|in|funds|
|&|&|£|
|Unrestricted|funds|
|General|fund|433,938|(348,407)|85,531|
|TOTAL FUNDS|433,938|(348,407)|85,531|
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12, RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2021,
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PILGRIM BANDITS
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021
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|31.3.21|31.3.20|
|&|&|
|INCOME AND|ENDOWMENTS|
|Donations|and|legacies|
|Sponsorships|and|donations|150,557|90,917|
|Gift|aid|12,895|10,216|
|Grants|42,689|15,972|
|Grant|Refunds|-|16,800|
|206,141|133,905|
|Other|trading|activities|
|Fundraising|events|-|65,556|
|Merchandise|income|14,941|11,632|
|14,941|77,188|
|Investment|income|
|Deposit account|interest|532|1,231|
|Total incoming resources|221,614|212,324|
|EXPENDITURE|
|Other|trading|activities|
|Merchandise|costs|4,936|9,731|
|Wages|25,000|25,000|
|Costs|of challenges|36,976|63,679|
|Costs|of events|2,370|831|
|69,282|99,241|
|Charitable|activities|
|Other|operating|leases|9,739|12,620|
|Rates and|water|2,083|1,758|
|Health,|Safety and PPE|18,271|.|
|Grants|to|individuals|24,402|625|
|54,495|15,003|
|Other|
|Loss on|sale of tangible|fixed assets|-|4,900|
|Support|costs|
|Management|
|Insurarice|1,107|1,355|
|Carried forward|1,107|1,355|
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PILGRIM BANDITS
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 3 1 MARCH 2021
| PILGRIM BANDITSBANDITS DETAILED STATEMENT OF FINANCIAL ACTIVITIESSTATEMENT OF FINANCIAL ACTIVITIESOF FINANCIAL ACTIVITIESFINANCIAL ACTIVITIESACTIVITIES FOR THE YEAR ENDEDYEAR ENDED 3 1 MARCH 20211 MARCH 2021MARCH 20212021 |
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| 3i.3-21 | 31.3.20 | |
| £ | £ | |
| Management Brought forward Telephone Postageand stationery Printing and advertising Sundries ‘Travel expenses |
1,107 241 2,595 11,330 4,410 3,656 10,636 |
1,355 320 1,762 13,937 2,324 6,613 19,942 |
| Management fees | 33,975 | 46,253 |
| Finance Bank charges Bookkeeping fees Accountancy charges Depreciationoftangiblefixedassets |
1,431 1,210 960 5,939 9,540 |
1,288 1,026 960 8,852 12,126 |
| Information technology Repairs andrenewals |
88 1,861 |
1,242 401 |
| Web-site costs | 1,949 | 1,643 |
| 169,241 | 179,166 | |
| Total resources expended | 52,373 | 33,158 |
| Netincome |
This page does not form part of the statutory financial statements
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