**Charity Number: 1176045** ## **THE BRITISH PILGRIMAGE TRUST CIO** **Report of the Trustees and Unaudited Financial Statements** **FOR THE YEAR ENDED 31 DECEMBER 2024** **THE BRITISH PILGRIMAGE TRUST (CIO)** ## CONTENTS ||**Page**| |---|---| |Trustees' Report|1 - 16| |Independent Examiners Report|17| |Statement of Financial Activities (including Income and Expenditure Account)|18| |Balance Sheet|19| |Notes to the Financial Statements|20-28| British Pilgrimage Trust 2024 Impact Report British Pilgrimage Trust ## **Our Impact in 2024** ## A year of purpose, growth and connection _In 2024, the British Pilgrimage Trust made significant strides in reconnecting people with the land, with each other, and with themselves through the transformative power of pilgrimage._ Our 2024 Expanded Programme We saw a sharp rise in guided pilgrimage events, e.g. the Aldous Huxley pilgrimage at Halloween and the Green King pilgrimage in Windsor. Our 2024 Wellbeing Impact All guided pilgrims in 2024 were invited to complete wellbeing surveys. New routes specifically designed for bereaved parents and for people navigating emotional challenges were piloted with great success and will be developed further in 2025. Average scores across physical, emotional, spiritual, and social measures ranged between **8.4 and 8.9 out of 10** , evidencing the significant personal benefits of pilgrimage. The British Pilgrimage Trust CIO — 2024 Impact Report ## Pilgrimages for the Bereaved Our bereavement pilgrimage, led by Dawn Champion with support from Helena Grace and Julia Sands, gave grieving parents a gentle space for healing and consoling each other. Participants shared profound emotional experiences and reported an enduring sense of connection, support, and peace. The British Pilgrimage Trust CIO — 2024 Impact Report ## Pilgrimages for the Bereaved _“It was never a case of trying to fix anything... but we all left some things behind that needed leaving. Everyone helped each other take a few more steps along their grief journey.” — Dawn Champion, pilgrimage leader_ _“It was an extraordinary three days. I found it profound and powerful. To be guided, have companionship and support in the gentle and strong practice of walking with intent meant I was able to explore, learn about, feel and leave behind parts of my grief.” — Bereavement pilgrimage participant_ _“Being able to share my grief in an empathetic environment was very valuable. A pilgrimage is a very appropriate environment for sharing your emotions.” — Bereavement pilgrimage participant_ _“Time to reflect, to find meaning in the land, forming connections with others who share my loss. I feel I know how to draw upon walking to help me in the future.” — Bereavement pilgrimage participant_ The British Pilgrimage Trust CIO — 2024 Impact Report ## ‘Reset Yourself’ Pilgrimages Our ‘Reset Yourself’ programme helped participants process major life transitions and emotional trauma. These two-day pilgrimages included overnight stays in Sanctuary accommodation and provided an immersive environment for deep personal reflection and healing. – Pilgrims sleep overnight in Sanctuary accommodation on the Reset Yourself pilgrimage The British Pilgrimage Trust CIO — 2024 Impact Report ## ‘Reset Yourself’ Pilgrimages _“Incredible release. Felt like three weeks away in two days. Genuinely transformational. Profound without the bullshit.” — Reset Yourself pilgrimage participant_ _“My favourite parts were the quiet parts — to see what bubbles up. Also, the guide’s enthusiasm and knowledge, being able to orientate myself not just physically but emotionally as well.” — Reset Yourself pilgrimage participant_ _“Listening to what the wind was telling us via the oak trees... the flowingness of the walk, not too restricted by timings. It really felt connected, and I enjoyed the silence.” — Reset Yourself pilgrimage participant_ _“My favourite part was the walking/land connection. Peter Owen-Jones’ spiritual guidance was so focusing and deeply moving. We laughed and cried and felt like we had been away a LONG time.”_ The British Pilgrimage Trust CIO — 2024 Impact Report ## YHA Pilgrimages for Low-Income Communities We partnered with the Youth Hostel Association to offer free, guided pilgrimages as part of their Festival of Walking in Cambridge, Lewes, and York. _“Guy gave us such a fascinating insight into a very familiar location... interesting and invigorating ` along the way. Opportunities to reflect.”_ _“I didn’t really know what to expect... but once the group took up the intention with gusto it really worked. I genuinely felt like part of a group with a shared purpose.”_ Dozens of new pilgrims took their first steps, with many sharing how the experience brought new understanding, invigoration, and a sense of community. _“The whole pilgrimage was special and so informative. I learnt about folklore concerning various plants, stood and reflected by bowl barrows, and was moved by the realisation that we were walking on ancient land in the footsteps of our ancestors.” — YHA pilgrimage participant_ The British Pilgrimage Trust CIO — 2024 Impact Report ## 2024 Digital Impact We launched a new digital presence in Q1 2024, centred around a pilgrimage library and interactive map. The British Pilgrimage Trust website is now home to the largest searchable digital library of pilgrimage routes and sacred places in Britain. Expansion and improvement of the digital product continues, to improve searchability, map performance, and pilgrim engagement. The British Pilgrimage Trust CIO — 2024 Impact Report ## 2024 Digital Impact In concert with the website, we have continued investment in social presence, and expanded our email nurture and engagement campaigns, to improve the likelihood of those who visit our website to actually walk the path. 280,000 people visited our website at www.britishpilgrimage.org in 2024 11,500 new people joined our newsletter list in 2024, expanding our community of engaged followers to over 33,000, with our newsletters receiving an average open rate of 45% — 2x industry average. 250 routes and 335 places were added to our new website, all fully documented, with route maps, photographs and links to guidebooks. Hundreds of route files are downloaded every month, to assist pilgrims follow a route. >48,000 fans follow us on social media allowing us to reach over half a million people with inspiration, stories and songs, reading recommendations and seasonal celebrations such as Michaelmas, Imbolc, Spring and Candlemas. The British Pilgrimage Trust CIO — 2024 Impact Report ## Community Development & Advocacy Pilgrimage Advisory Support ## New Pilgrimage Collaborations This support includes best practice guidance, business case evidence, and connecting local leads to useful networks. Meeting held with consultants for the Glastonbury World Heritage Site bid to explore how pilgrimage could support their proposal. Delivered talks across the country, including the St Olav’s Ways conference in Norwich and the Welsh Places of Worship forum establishing national and international links with St Olav’s Ways and other British stakeholders. Opened a collaborative dialogue with the Scottish Pilgrim Routes Forum, laying the groundwork for future cross-border efforts. Norfolk (route to Walsingham) Bury St Edmunds (Heritage Fund project) Chichester (950th anniversary events) Devon (potential sanctuary at Lundy Island) Farnham (new heritage pilgrimage initiative) ## International Collaborations Talks were delivered at Pilgrimskonferesen in Sweden, and the Securitizing the Sacred Symposium in Canada, helping to spread the word about the modern revival of British pilgrimage. The British Pilgrimage Trust CIO — 2024 Impact Report ## Partnerships & Outreach ## National Trust A growing partnership focused on youth outreach, holistic education, volunteer engagement, and wellbeing evaluation. ## Vivobarefoot A £10K partnership and co-created pilgrim walking shoe launched in tandem with public events. ## Youth Hostel Association Pilgrimage opportunities for new and lowincome audiences nationwide. Pilgrims ascending Pendle Hill on our Vivobarefoot retreat. Ongoing engagement with creative formats to reach ethnic minorities and underserved groups such as: Youth Beyond Borders Gloves Not Gunz. The British Pilgrimage Trust CIO — 2024 Impact Report ## Holistic Education ## New Training Programme for Educators Our new training sessions for teachers and youth group leaders are now live, providing digital resources and immersive in-the-field experiences. The programme blends spiritual, sensory and cultural learning with national curriculum links. ## Ambassador Talks We trialled a modular talk format to equip volunteers with compelling, accessible presentations to spread the message of pilgrimage more widely. The British Pilgrimage Trust CIO — 2024 Impact Report ## Publications Pilgrim Places by Nick Mayhew-Smith and Dr Guy Hayward 5,000 reprinted copies were delivered in 2024, with over 2,500 sold during the year. Website integration now links book content directly to live pilgrimage routes, reinforcing its use as a practical and inspiring tool. The British Pilgrimage Trust CIO — 2024 Impact Report ## What’s ahead for 2025 More Guided Journeys Expanded emotional needs pilgrimages Volunteer Training to Scale Impact & Grow our National Network Bereavement pilgrimages In-person guide training Seasonal ‘public gathering’ following heritage traditions Route “champion” training The British Pilgrimage Trust CIO — 2024 Impact Report **THE BRITISH PILGRIMAGE TRUST (CIO)** TRUSTEES' REPORT _for the year ended 31 December 2024_ The trustees present their report with the financial statements of the charity for the year ended 31 December 2024. 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 (FRS 102) (effective 1 January 2019). ## **OBJECTIVES AND ACTIVITIES** ## **Mission and aims** The British Pilgrimage Trust (BPT) is dedicated to reviving the ancient practice of pilgrimage in Britain, making it accessible and relevant to people of all beliefs and backgrounds. Over the past year, our efforts have catalysed a significant increase in interest and participation in British pilgrimage, with our free resources and guided routes enabling thousands to reconnect with nature, their communities, and themselves. This annual report highlights our key achievements, the impact of our work on individuals and communities, and outlines our future goals. Page 1 . **THE BRITISH PILGRIMAGE TRUST (CIO)** TRUSTEES' REPORT (continued) _for the year ended 31 December 2024_ ## **FINANCIAL REVIEW:** ## **Financial position** We made a net loss for the year of £20,609 ( 2023 net loss - £35,198). This is accounted for by a £20,627 of book costs in the year through the reprint of a publication, together with nearly £22,000 of website redevelopment costs. These costs were planned and in our 2024 forecasts. Our unrestricted reserves on 31 December 2024 were £40,312 (2023 - £74,936) and restricted reserves were £14,015 (2023 - £nil). ## **Reserves policy** In 2023 the Board of Trustees reviewed our reserves policy in the light of the ongoing cost of living crisis. The free reserves fund was amended to a minimum of 4 months of essential expenditure and will rise again in 2024 to six months. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing Document** The British Pilgrimage Trust is constituted as a Charitable Incorporated Organisation (CIO) and is governed by its Constitution. ## **Recruitment and appointment of new trustees** Trustees are recruited and appointed in accordance with the terms of the Constitution. Apart from the first trustees, every trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the trustees. In selecting individuals for appointment, the trustees have regard to the skills, knowledge and experience needed for the effective administration of the CIO. Page 15 . **THE BRITISH PILGRIMAGE TRUST (CIO)** TRUSTEES' REPORT (continued) _for the year ended 31 December 2024_ ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Registered Charity number** 1176045 ## **Principal address** 27 Upper Montagu Street Londond W1H 1SB ## **Trustees** Simon Guild Abigail Rowe Simon Hillson (left 17 December 2024) William De Winton Alice Lankester (appointed 17 April 2024) Adaeze Aghaji (appointed 17 December 2024) Sarah Sands (appointed 8 April 2025) ## **Independent Examiner** C&GB Associates 37-39 Westgate Thirsk North Yorkshire YO7 1QR ## **Bankers** Wise Payments Ltd 6th Floor, The Tea Building 56 Shoreditch High Street London E1 6JJ Approved by order of the board of trustees on 28 October 2025 and signed on its behalf by: ## Simon Guild Simon Guild (Oct 29, 2025 13:32:56 GMT+1) S Guild - Trustee Page 16 . **THE BRITISH PILGRIMAGE TRUST CIO** INDEPENDENT EXAMINER'S REPORT _for the year ended 31 December 2024_ ## **Independent Examiner's Report to the trustees of The British Pilgrimage Trust CIO** I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2024. ## **Responsibilities and basis of report** As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the 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 which gives me cause to believe that in, any material respect: - 1 the accounting records were not kept in accordance with section 130 of the Charities Act; or 2 the accounts did not accord with the accounting records; or - 3 the accounts did 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. I have no concerns and have come across no matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Signed: Dated: 28 October 2025 Guy Baragwanath FCA ## **C & G B Associates** 37-39 Westgate Thirsk North Yorkshire YO7 1QR Page 17 . ## **THE BRITISH PILGRIMAGE TRUST (CIO)** STATEMENT OF FINANCIAL ACTIVITIES (incorporating the income and expenditure account) _for the year ended 31 December 2024_ |**Unrestricted**
**funds**
**2024**
Note
**£**
**Income and endowments from:**
Donations and legacies
2
**44,202**
Investment Income
3
**2,551**
Charitable activities
4
**151,258**
Other Income
**4,975**
**Total income and endowments**
**202,986**
**Expenditure on:**
Generating Funds
5
**24,740**
Charitable activities
6
**212,870**
Other Expenditure
**-**
**Total expenditure**
**237,610**
Net Income/(expenditure)
**(34,624)**
Transfer between funds
**-**
**Net movement in funds**
**(34,624)**
**Reconciliation of funds:**
Total funds at 1 January 2024
14
**74,936**
**Total funds at 31 December 2024**
14
**40,312**|**Restricted**
**funds**
**2024**
**£**
**-**
**-**
**40,000**
**-**
**40,000**
**300**
**25,685**
**-**
**25,985**
**14,015**
**-**
**14,015**
**-**
**14,015**|**Total**
**funds**
**2024**
**£**
**44,202**
**2,551**
**191,258**
**4,975**
**242,986**
**25,040**
**238,555**
**-**
**263,595**
**(20,609)**
**-**
**(20,609)**
**74,936**
**54,327**|Total
funds
2023
£
48,792
2,264
120,789
2,662
174,507
52,077
157,628
-
209,705
(35,198)
-
(35,198)
110,134
74,936| |---|---|---|---| The notes on pages 20 to 28 form part of these financial statements. The statement of financial activities includes all gains and losses recognised during the year. Page 18 . **THE BRITISH PILGRIMAGE TRUST (CIO)** REGISTERED NUMBER: 1176045 BALANCE SHEET _as at 31 December 2024_ |Note
**Fixed assets**
Tangible assets
10
**Current assets**
Stocks
11
Debtors
12
Cash at bank and in hand
13
**Net current assets**
**Net assets**
**Charity funds**
Restricted funds
14
Unrestricted funds
- general
14
**Total charity funds**
**Creditors: amounts falling due**
**within one year**|**£**
**20,258**
**5,212**
**44,813**
**70,283**
**(15,956)**|**2024**
**£**
**-**
**54,327**
**54,327**
**14,015**
**40,312**
**54,327**|£
17,205
9,156
48,997
75,358
(1,777)|2023
£
1,355
73,581
74,936
-
74,936
74,936| |---|---|---|---|---| The financial statements were approved by the Trustees and authorised for issue on 28 October 2025 and were signed on its behalf by: ## Simon Guild **----- Start of picture text -----**
Simon Guild (Oct 29, 2025 13:32:56 GMT+1)
S Guild - Trustee
William de Winton (Oct 29, 2025 11:45:44 GMT)
William de Winton - Trustee
**----- End of picture text -----**
Page 19 . **THE BRITISH PILGRIMAGE TRUST (CIO)** NOTES TO THE FINANCIAL STATEMENTS _for the year ended 31 December 2024_ ## **1 Accounting policies** ## **Basis of preparation of financial statements** The British Pilgrimage Trust is a charitable incorporated organisation (CIO) registered in England and Wales. The address of the principal office is given in the charity information on page 10 of these financial statements. The nature of the charity's operations and principal activities are to re-establish and refresh the practice of Britain's distinctive pilgrimage tradition. The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with 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) issued October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011, and UK Generally Accepted Practice. The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair view'. This departure has involved following the 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) issued in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn. The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. For donations to be recognised the charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained then income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the charity and it is probable that they will be fulfilled. Page 20 . **THE BRITISH PILGRIMAGE TRUST (CIO)** NOTES TO THE FINANCIAL STATEMENTS (continued) _for the year ended 31 December 2024_ ## **1 Accounting policies (continued) 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. Irrecoverable VAT is charged as an expense against the activity for which the expenditure arose. ## **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 15% on a straight line basis ## **Stocks** Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. ## **Taxation** The charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. ## **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 financial statements. ## **Pension costs and other post-retirement benefits** The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. Page 21 . **THE BRITISH PILGRIMAGE TRUST (CIO)** NOTES TO THE FINANCIAL STATEMENTS (continued) _for the year ended 31 December 2024_ ## **1 Accounting policies (continued) Cash** Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. ## **Debtors** Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure. ## **Financial instruments** The charity only holds basic financial instruments as defined in FRS 102. Trade debtors, trade creditors and accruals are held at amortised cost as detailed in notes 10 and 11. Prepayments are not financial instruments. Cash is measured at face value. ## **Going concern** The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern. ## **2 Income from donations and legacies** |**2024**
**Unrestricted**
**£**
Donations and gifts
**40,974**
Gift aid
**3,228**
**44,202**
_47,145_
_For the year ended_
_31 December 2023_|**2024**
**Restricted**
**£**
**-**
**-**
**-**
_-_|**2024**
**TOTAL**
**£**
**40,974**
**3,228**
**44,202**|2023
£
41,754
7,039
48,792
_47,145_| |---|---|---|---| Page 22 . **THE BRITISH PILGRIMAGE TRUST (CIO)** NOTES TO THE FINANCIAL STATEMENTS (continued) _for the year ended 31 December 2024_ **----- Start of picture text -----**
3 Income from investments
2024 2024 2024 2023
Unrestricted Restricted TOTAL
£ £ £ £
-
Deposit account interest 2,551 2,551 2,264
-
2,551 2,551 2,264
For the year ended
31 December 2023 2,264 - 2,264
4 Income from charitable activities
2024 2024 2024 2023
Unrestricted Restricted TOTAL
£ £ £ £
TO ADVANCE BRITISH PILGRIMAGE
Book Sales 17,229 - 17,229 18,347
-
Pilgrimages 102,261 102,261 29,398
Vivobarefoot 10,000 - 10,000 -
Ancient Connections - - - 44,754
CHK Foundation 10,000 - 10,000 10,000
Tedworth Charitable - 15,000 15,000 15,000
Foundation Salvia - 25,000 25,000 -
-
Charity Film Screening 5,995 5,995 3,289
- -
Symposium 5,773 5,773
151,258 40,000 191,258 120,789
For the year ended
31 December 2023 95,789 25,000 120,789
5 Analysis of expenditure on generating funds
2024 2024 2024 2023
Unrestricted Restricted TOTAL
£ £ £ £
TO ADVANCE BRITISH PILGRIMAGE
Fundraising 1,609 1,609 49
Advertising & publicity 16,396 300 16,696 19,983
-
Digital Project 6,735 6,735 32,045
24,740 300 25,040 52,077
For the year ended
31 December 2023 20,032 32,045 52,077
**----- End of picture text -----**
Page 23 . **THE BRITISH PILGRIMAGE TRUST (CIO)** NOTES TO THE FINANCIAL STATEMENTS (continued) _for the year ended 31 December 2024_ ## **6 Analysis of expenditure on charitable activities** |**2024**
**Unrestricted**
**£**
**TO ADVANCE BRITISH PILGRIMAGE**
Book Costs
**20,627**
Pilgrimages
**90,343**
Ancient Connections
**18**
CCPR
**-**
Support Costs
**101,062**
Governance Costs
**820**
**212,870**
_153,104_
_For the year ended_
_31 December 2023_|**2024**
**Restricted**
**£**
**-**
**-**
**-**
**-**
**25,685**
**-**
**25,685**
_4,524_|**2024**
**TOTAL**
**£**
**20,627**
**90,343**
**18**
**-**
**126,747**
**820**
**238,555**|2023
£
997
6,502
36,322
4,524
108,483
800
157,628
_157,628_| |---|---|---|---| ## **Analysis of expenditure by expenditure type** |**2024**
**Unrestricted**
**£**
Staff costs
7
**82,755**
Freelance staff costs
**-**
Travel & expenses
**6,342**
Guided pilgrimages
**90,343**
Website development
**6,968**
Insurance
**1,472**
Independent examiner fee
**820**
Postage & stationery
**18**
Equipment
**1,236**
Software
**537**
Book sale fees
**1,723**
Movement in stock of books
**(3,052)**
Book printing costs
**21,956**
Bank charges
**406**
Currency gains/losses
**(8)**
Depreciation
**1,355**
**212,870**
_154,104_
_For the year ended_
_31 December 2023_|**2024**
**Restricted**
**£**
**10,000**
**-**
**564**
**-**
**15,000**
**-**
**-**
**121**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**25,685**
_4,524_|**2024**
**TOTAL**
**£**
**92,755**
**-**
**6,906**
**90,343**
**21,968**
**1,472**
**820**
**139**
**1,236**
**537**
**1,723**
**(3,052)**
**21,956**
**406**
**(8)**
**1,355**
**238,555**|2023
£
105,615
20,304
10,598
6,502
6,622
647
800
566
1,705
511
1,835
(838)
-
601
134
2,027
157,628
_158,628_| |---|---|---|---| Page 24 . **THE BRITISH PILGRIMAGE TRUST (CIO)** NOTES TO THE FINANCIAL STATEMENTS (continued) _for the year ended 31 December 2024_ |**7**
**Staff Costs**
**2024**
**£**
Wages & salaries
**87,400**
Social security costs
**3,295**
Other pension costs
**2,060**
**92,755**
The average number of employees during the year was as follows:
Charitable activity
**3**|2023
£
99,130
4,182
2,303
105,615
4| |---|---| No employees received emoluments in excess of £60,000. The key management personnel of the charity comprise the trustees and the senior management personnel. |**8**
**Governance costs**
Independent examiners remuneration|**2024**
**£**
**820**
**820**|2023
£
800
800| |---|---|---| The independent examiners remuneration is for accounts preparation, independent examination and other work. ## **9 Trustees' remuneration and expenses** The Trustees had expenses reimbursed during the year totalling £Nil (2023: £Nil). Page 25 . **THE BRITISH PILGRIMAGE TRUST (CIO)** NOTES TO THE FINANCIAL STATEMENTS (continued) _for the year ended 31 December 2024_ **----- Start of picture text -----**
10 Tangible fixed assets
Fixtures &
Fittings Total
£ £
Cost
At 1 January 2024 13,521 13,521
At 31 December 2024 13,521 13,521
Depreciation
At 1 January 2024 12,166 12,166
Charge for year 1,355 1,355
At 31 December 2024 13,521 13,521
Net book value
At 31 December 2024 - -
At 31 December 2023 1,355 1,355
11 Stocks
2024 2023
£ £
Books for sale 20,258 17,205
20,258 17,205
12 Debtors
2024 2023
£ £
Trade debtors 805 1,110
Other debtors 3,020 6,228
Gift aid receivable 1,387 1,818
5,212 9,156
**----- End of picture text -----**
Page 26 . **THE BRITISH PILGRIMAGE TRUST (CIO)** NOTES TO THE FINANCIAL STATEMENTS (continued) _for the year ended 31 December 2024_ ## **13 Creditors: amounts falling due within one year** |Trade Creditors
Other creditors|**2024**
**£**
**15,000**
**956**
**15,956**|2023
£
185
1,592
1,777| |---|---|---| ## **14 Fund reconciliation** |**Fund reconciliation**|||||| |---|---|---|---|---|---| |**Unrestricted funds**
General fund|**Balance at**
**1 Jan 2024**
**£**
**74,936**|**Net**
**movement**
**in funds**
**£**
**(34,624)**||**Transfers**
**between**
**funds**
**£**
**-**|**Balance at**
**31 Dec 2024**
**£**
**40,312**| |**Restricted funds**
Tedworth Charitable Trust
Salvia Trust|**74,936**
**-**
**-**|**(34,624)**
**-**
**14,015**||**-**
**-**
**-**|**40,312**
**-**
**14,015**| ||**-**|**14,015**||**-**|**14,015**| |**Total funds**|**74,936**|**(20,609)**||**-**|**54,327**| |Net movement in funds, included in the above
**Unrestricted funds**
General fund||are as follows:
**Income**
**Expenditure**
**£**
**£**
**202,986**
**(237,610)**|||**Movement**
**in funds**
**£**
**(34,624)**| |**Restricted funds**
Tedworth Charitable Trust
Salvia Trust||**202,986**
**15,000**
**25,000**||**(237,610)**
**(15,000)**
**(10,985)**|**(34,624)**
**-**
**14,015**| |||**40,000**||**(25,985)**|**14,015**| |**Total funds**||**242,986**||**(263,595)**|**(20,609)**| The Tedworh Charitable Trust fund is a grant towards the development of the website. The Salvia Trust fund is a grant towards a three year project providing training and resources to bring pilgrimage to schools. Page 27 . **THE BRITISH PILGRIMAGE TRUST (CIO)** NOTES TO THE FINANCIAL STATEMENTS (continued) _for the year ended 31 December 2024_ |**14**
**Fund reconciliation - prior year**
**Balance at**
**1 Jan 2023**
**£**
**Unrestricted funds**
General fund
**105,610**
**105,610**
**Restricted funds**
CCPR
**4,524**
CHK Foundation
**-**
Tedworth Charitable Trust
**-**
**4,524**
**Total funds**
**110,134**|**Net**
**movement**
**in funds**
**£**
**(23,629)**
**(23,629)**
**(4,524)**
**-**
**(7,045)**
**(11,569)**
**(35,198)**|**Transfers**
**between**
**Balance at**
**funds**
**31 Dec 2023**
**£**
**£**
**(7,045)**
**74,936**
**(7,045)**
**74,936**
**-**
**-**
**-**
**-**
**7,045**
**-**
**7,045**
**-**
**-**
**74,936**| |---|---|---| Net movement in funds, included in the above are as follows: |**Income**
**Expenditure**
**£**
**£**
**Unrestricted funds**
General fund
**149,507**
**(173,136)**
**149,507**
**(173,136)**
**Restricted funds**
CCPR
**-**
**(4,524)**
CHK Foundation
**10,000**
**(10,000)**
Tedworth Charitable Trust
**15,000**
**(22,045)**
**25,000**
**(36,569)**
**Total funds**
**174,507**
**(209,705)**
**15**
**Analysis of net assets**
**2024**
**2024**
**Unrestricted**
**Restricted**
**£**
**£**
Fixed assets
**-**
**-**
Cash and current investments
**19,881**
**24,932**
Other current assets/liabilities
**9,514**
**-**
**Total**
**29,395**
**24,932**|**Movement**
**in funds**
**£**
**(23,629)**
**(23,629)**
**(4,524)**
**-**
**(7,045)**
**(11,569)**
**(35,198)**
**2024**
**TOTAL**
**£**
**-**
**44,813**
**9,514**
**54,327**| |---|---| ## **16 Related party transactions** There were no related party transactions during the period (2023: £nil). Page 28 .