Pilgrims Hall Fellowship Limited
(A Company Limited by Guarantee)
Annual Report and Financial Statements
Year ended 31stJuly 2022
Charity Registration No." 257216
Compony Registration No." 94￿52
Pi19rims Holl
Ongor Rood
Brentwoth
Essex
CM15 9&4

Pilgrims Hall Fellowship Limited
(A Company Limited by Guoronteej
Annual Report and Financiol Statements
Year ended 31st July 2022
Contents
Pages 3 to 8
Dirertors, Report
Page 9
Statement of Financial Activities
Page 10
Balance Sheet
Pages 11 to 17
Notes to Financial Statements
Page 18
Independent Examiner's Report on the Acc￿ntS
Anntsol RepOrt0nd￿n0￿CI0lS10terntrIts
Yeor&dal 31stJufy2022
Page 2

Igrims Hall Fellowship Limited
(A Compony Limited by Guorontee)
Report of the Dirertors
Year ended 31st July 2022
Legal and Administrative Inform(rtion
Governi￿ Doturnent
Memorandum and Articles of Association
incorporated on 7th October 1968
Legal Status
Incorp(Kated Trust
Company Number
94(J)52
Charity Number
257216
Council of Management
Jame5 Mills
Suzanne Cousins
Barbara V Cummins
Margaret Pearson
Stephen Dodgson
Graham Bridger (up to Oct 21)
David Paul (up to Feb 22)
Mark Galliers Ifrom Apr 22)
Registered 0￿1(e
Pilgrims Hall,
Ongar Road,
Pilgrims Hatch.
Brentwood.
Essex
CMIS 9SA
Primary Bankers
Barclay5 Bank PIC
75, High Street.
Brentw(KKI.
Essex
(M14 4RP
Independent Examiner
Independent Examiners Ltd
Unit 2,
The Broadbridge Business Centre.
Delling Lar*.
Bosham
P018 8NF
Annuol Reportond Finontiolstotemthts
yeorb1d￿3I$tJ￿ty2o22
Page 3

Pilgrims Hall Fellowship Limited
(A Company Limited by Guoronteej
Report of the Directors
Year ended 31st July 2022
Introduction
The following istheAnnual Report of the Trusiees of Pilgrims Hall Fellowship LIM￿￿1 forthefinancial year
endÉng 31StJuly 2022.
Charitobleob.
Pilgrims Hall isa regency persod house situated in 19 acresof grounds lotated near Bfentwood, Essex. It is
owned in trust by a charitable£ompany- Pilgrims Hall Fellowship Limited- and operated bya community
of Christians comprising theTrustees. a t&m that resides * the Hall and volunteer&
In gjmmary. theobjectivesof Pi18rims Hall areto=
- frdcilitatechristian discip￿hIp by providing ChristTan minstry througha proBrarnmeof artivitie
including worship. teachin& bible study. conferer)ces Seminars. retreats, etc.- and
make the buildings and land availablefor use by Christians, churches and Christian organisation4
etc.
The ministry programmesand theability to usethe estate fr&Ilitiesa￿ publicly advertised on thecharitls
website.
The Boord o
Trust
The Board of Trustees is iesponsiblefor overseeing the life and work of Pilgrims Hall carritxl out by the
Resident Team and volunteers. Amongst otherthings. theTrustees ensure that Pilgrims Hall ftjlfils its
charitableobjects and provides public benefit.
The Trustees met as a Board throughout theyear to fulfil thwr responsibiliti& FollowinBthe lifti￿Of
restrictionsimposed by the Government to help limit thespread of Covid19, all theTrustees meÉ*ings in
2021122 were¢ondu¢ted in-persofi.
At theAnnual General meetingof theTrustees in November 2021. St￿e Dodg9)n was appointed
Chairman ofTru5tee5, followingthe resignation ofGraham Bridgtt. Ill April 2022, Dave Paul resigned asa
Trustee. In May 2022. Mark Galliers was appointed asa Trustee.
The Trustees held an Annual General Meeting in November 2021 and resumed past practiceof inviting
friends and users of Pilgrims Hall to attend. The2020/21 Annual Report and ￿countsWere presented and
approved at the meetinE. These formed the basis to publicly ￿COuntt0 those who wwe present at the
meeting for the life and ministry of Pilgrim5 Hall and thefvlfilment of itscharitableobjectwe>
Publicben
The Trustees are rnindfvl ofthe need to denonstrate public benefit which accruesfrom the life and work
of Pilgrims Hall. Pilgrwn5 Hall ￿vertises. pr1nCpal￿ through the charivswebsite. theavailability of its
programmes and facilitie5, in orderto reach as many peopleas possiblewho may benefit from them. In
the main, the beneficiaries are individual Christians. Churc￿Sand Christian organisation& TheTrustees
seek to gather feedback on an onfoing basis frorn those who use thetscilitiesto help judgethe benefits.
For the first timesince 2018119. Pilgrvns Hall wasableto fijlly operatethroughout thefinancial year
followingthe liftingof all Covid19 Teslrictiors. Init￿lIv, uptake was hampered by on£oing h￿tancY of
some people to mix with othtY5 UEltil it becameclearer that thepandemic had subsided and thwfelt safe
to enga8e at Pilgrims Hall. HOw￿er, aswill beseen later in this report. there was a resumption of all
programmes and facilitiesfrom the start of theyear. AJI the￿tivitI￿brought opportunityfor spiritual
continued......-
Annuol Report t7nd FInortcio1Stoten￿Trts
YeorEnded31stJuly2022
Pa8e4

Pilgrims Hall Fellowship Limited
(A Compony limited by Guorontee)
Report of the Dirertors (continued)
Year ended 31st July 2022
growth, di￿lplesh1p and pastoral careto help Christiansin theirwell-bein& tsith and reiationshy with
Jesus Christ. It wasclear from feedback at the General Meeting and received throughout theyeor
that individuals, chtjrches and Christian organisationsgained spiritually and pastorallyas a result of beingto
use thef￿111t7es of Pilgrims Hall andlor participate in its ministy and programmes and, thereby, (ulffil the
charitable objects of Pilgrims Hall inclEMlingtheaim of being a pl￿ethat biings peace. refvge, healin&
wholeness and restoration.
Strot
During 2021122. theTrusiee5 and ResidentTeam met to conyder the M￿lurn and longterm strategy of
Pilgrims Hall set against the backdrop of111 hufflan resource pressures. especially the aging demographic
and the need to attract younger p￿pIe to serve, particularly as Trustees and volunteers.121 financial
requirements, in particulor to r￿uCethedefICit between income and expenditur¢ {3lthe need to attract
new people. churches and Christian organisation and thereby increase the uptake of the activitiesand
facilities of Pilgrim5 Hall and14lthe need to address the fijtureleadership of Pilgrims Hall. Asa first step
new Wision and Mi&sion Staternentswere adopted. Previously, these were centrexl around'Preparingfor
Jesus. Return, and although thechristian community at Pilgryns Hall continue5to eagerly await Jesus
Christ's Second Comin& it wasdecided that theVi&on and Mi>5ion Statements should be recast and
focu55ed upon what Pilgrims Hall aands for and what it does. The revised Wision and Mission Statements
are now as follows-.
Vision Stotement
God's Word for God'sworld- Proclaimin& Teachin& LivingtheTruth
Mission Stotement
Pilgrims Hall isa Christian ministry and retr&it centre whose heart is to serve and gjpport Christian&
churches and Christian organisations by being a placewherv.
the Bible, as the authoritativeword of God, isfoundational
- theGospel ofthe Lord Jesuschrist is proclaimed
Christian ministry isoffered through-.
Bibleteaching and study
- Seminars
Prayer
Discipling
pastoral care
fellowship
to assist Christiansto grow in the Faith bringingf0rgiv￿ess. healin& restoration and wholeness in
an oasis of peace and refuge
- the pr￿lSe$ and grounds may be hired for meetings, Away Days Christian activities. dc.
- roomsare availablefDr perwnal dayan(l ovemight retreats
- Chrisiiar books, gTrft% cardsand materialsare availablefor purchasefrom ourwellspring
Bookshop
- peoplecan meet for refreshments in a Christian environment in our RendthousTea Room
continued.......
Afjnuol ReportlTnd FirJortciolStoternoJt5
YeorEnded 31stJuly2022
Page 5

Pilgrim5 Hall Fellowship Limited
(A Compony Limited by 6uomntee)
Report of the Directors (continued)
Yeor ended 31st July 2022
These were p05te(l on the web￿te. The website was also relamped to improve itsvisual l¢)ok and feel.
bring clarity on theavailability of programmes and facilitiesof Pilgrims Hall and makeit easierfor uws to
navigate.
Variouswork streams will be undenaken in 2022123 to address human resourcesand l&dership. finance.
publicity an(1 marketing and also potential redevdopment of someof the buildings.
Artivities
During 2021122. a programmeof ministrywas carrial out. These includ￿1 Biblestudy seriescovering
'God's ultimate plans aswe approach the end of thisage culminatin8 in Jesus. Retum Be holy &51 am holy
bein8 set apart for God's purpose<'Fundamentalsof thechristian faith-unpacking componentsof
the Gospel of Salvation..
A number of seminars were held includin8'The New Apostolic Reformation-moveof God or End fimes
d&eit' led by Tony Brown from the Reachout Trust. 'Biblical foundationsfor ￿1Vah- what ishappening
today. led by Tom Booker and Rod Langston of Ebffiezer Operation Exodus.
A'Foundations Explored, Biblestudy was relaunched fDcusyng on the bookof Genesis looking atte&hing
of the Lord in the beginningthat is foundational to Christian belief.
Monthly'Led (luiet Days, were resumed. A restdential weekend conference for women was held wilh the
aim of a55iSti ng'walkrng by faith, bUilt￿P in thewritten Word of God. Strengthen￿ to apply bibliol truth
to everyday life,.
At the beginning of the year, cream teas were rnade ￿ailable each Sunday afternoon in A￿8￿$t. The
Rendezvous Café operated on Tuesdays. These activiti￿ provided opportuAty for pwpleto meet together
in a Christian environment to enjoy food and fellowship and obtain spiritual and pastoral care.
Throughout theyear the Wellspring Bookshop wasopen for peopleto purchasechristian books,
magaztnes. CDIDVDS card5. gifts. etc.
A key ministrywasto make rooms available for peopleto stay at Pilgrims Hall as retreat gu&ts for personal
prayer. Bible study, worship, mryJit6tion. etc. They benefitted from improved accommod*ion folk>W￿g
work to refvrbish rooms duringtheCovid19 lockdown wh*h meant that nearly all the rooms had en-suite
facilities.
Churches and Christian organigtion usd the Hall for medings. Biblestudiesand social ￿ents.
rbishment ondrenovutions
Pilgrims Hall is a Grade 2 listed 18th century building and requiresconstant workto maintain thefabric and
integrity of the buildin8. Work was completed duringthe year to refvrbi5h parts of the Hall, includinga
major ienovation of theEast Win8llat which ￿8b1￿1 it to be used by a Christian couplein need of
accommodation.
Finonce
Duringtheyear, income amounted to circa £71.￿0. The main sources ofincomewere in respect of
retreats. room and ground hire. rent5, Rende￿Ou$ café. Wdlspring bookshop and donations/gift
Operational exptYTrditure amounted to circa £l02.¢x￿ of whichthe most significant tosts were for
allowances forthe Residwt team and utilitie& Pdditionalty. there wascapital ertpenditureof circè£21,IX)O
continued..-...-
AnnualReportond FJftoniiolStUten￿ts
Year￿ded31stJ￿fy2O22
Page6

Pilgrims Hall Fellowship Limited
(A Compony Limited by Guarontee)
Report of the Directors (continued)
Year ended 31st July 2022
in respect of refurbI5hrn￿t and renovations. The resultant deficit wasfinanced out of re5erve& Ajthough
efforts were made to reduce expenditure. theabtlityto do so was highly constrain￿1 since most arefixed,
necessary or legal which meant that the pressure was to increase income. TheTrustees dKided to raise
pritesto hirefacilitieswhich had been unchanged for some timeto refiect the increase in thecostsof
running Pilgrims Hall. The nee(1 to redutethe financial deficit has becomegreatw at a timewhen costs.
especially utility costs, contirnjeon an upward trend. Withoutan increase in income, the re5erve5 will
continueto beeroded.
The Trustees operate a Reserve policy which sets out the ba>5 upon which the Reserves are created,
maintained and J¢ce&sed. The COVID19 crisis highlighted the vulnerabilityof Pilgrims Hall to financ01
unplanned/unexpected shock* The Trustee5 established a ring-fenced Reserve of £20,000 whith 5trikesa
balante between being prudential but not depriving day-to4ay operations offinantial r￿UrCeS. This
should providea sufficient cushion to mee* emergency unplannedlunforeseen expenditure$3nd, if the
solvency of the Charity comes underthreat. en9j￿ funds a￿ availableto meet coststhat would necessarily
be incurred to sdl assets andlor wind-up it up.
Risk Mono
ement
The Trustees operate a Risk Management policywhich codifie5key risksand establishes a framework to
help inform practice in managing and mitigating risk. The Trustee5 examined kty risk5by reviewing policies
and practices to ensure they remained current and appropriateand addr￿ed rel￿ant risk i%sues.
Measures were taken to Strength￿ fire risk management. The revi￿ highlkghteyj the need to update
Safeguarding policy and practice which will be undertaken in the next financial year.
Policies
The Trustees continued to ensure that policies were reviewed and revis￿1 as r7erwary and appropriate.
Health and Safety matters were routinely r￿leW&j each month. Other pol1c1esw￿e rtYie4ved at least once
duringthe year.
Personnel
Sean & Kayleigh Maguire Join￿ the Resident Tvdm in the Novembw 2021. Their addition to the Resident
Team provided much neexled additional human rwurceto run day4trday bugnes&
Next
nancial
Looking forward to the2022123 financial year. theTrusteeswill befocussing on-
- carrying out theworkstreamsestablished at theStrate8y days
increagng operational income
maintaining and improvingt￿l1￿￿S
- recruitin8 new trustee5 and volunt￿r5
reciation
The Trustees are indebted to Graham Brid8erand Dave Paul for their5erviceas Trustees over many years
The Trustees also thankthe Resident Team - John and Val Coulthard. Garry and Katariina Newcome, Sean
and Kayleigh Maguire, Shirley Willis- supported by manyvolunteers-who faithfvllyand tirde551y manage
and operate Pilgrims H311. TheTrustee5 are gratthl to them and the volunleersfor their commitment and
dedication overthe past year in wpport of the aimsof thecharity. TheTrustees are also thankfijl to God
continued.......
Annu¢71 ReportondFinonci015totements
Yeor &)ded 31stJuty2022
Page 7

Pilgrims Hall Fellowship Limited
(A Compony Limited by 6uorontee)
Report of the Directors (continuedj
Year ended 31st July 2022
for hi5 faithfulnessand providence in meeting the needs of Ptlgrims Hall which hasenabl8J its lifeand
ministry to continue.
Stotement o
DIr￿tors. r
onsibilitia
Company law requiresthe dIr￿tor$tO preparefinancial statementsfor eath financial year which give
trueand fair view of the state of affairs of thecompanyand of theprofit or105sof thecompany during that
period. In preparing thoseffinancial statements the directors are requirexl to= lil select suitableaccounting
policie5 and then applythem consistently, lill makejudgements and estimate5 that are reasonable and
prudent. liiil prepare fin￿cial statementson a going concern basisunless it is inappropriateto presume
that the company will stay in business. livl state whether applicableatountin8 standards and statements of
recommended practice have been followed Subject to material departuresdisclosal and explained in the
ffinancial statement. The directorsare responsiblefor kÈeping properaccounting rerords which disclose
with reasonable accuracy at any timethe financial position ofthe company and to enablethem to ￿SUre
that the financial statementscomply with theCompaniesAct 2006. They areolso responsiblefor
safeguarding the assets of the comparEy and hencefr)rtaking reasonable steps for the prevention and
detection of fraud and other irregularities. In preparing this report the directors havetaken 3dvanta8e of
special provisions of the Companie5 kt 2006 relatingto small companies. Thedirertors arealso
responsiblefor the content of the Report of the Directors and the T￿on￿bilItY of the independent
examiner in rdation to the Directors, Report islimited to eKamÉningthe report and ensuringthat on the
face of the report, there are no inconsistencieswith thefiguresd1sc1os￿ in theffinancial statements.
l approve the attached statement of financial activiti￿and balance sheet for theyear ended 31st July
2022. and confirm that I have made available all information necessary for its preparation.
Stephen Dodgson
Date:
Chaimian (on behGrlfof theBoord of Directors)
Directors.. Suzanne Cousins B¥bara Cummins M￿k Gallier4Jimmy Mills. Margaret PewA
nuol Reportond Fjnonciolstotements
YeorEnd8dSJsrJuJy2022
Page8

Pllgrims Hall Fellowship Limited
(A Company kn"mited by Guorontee)
Statement of Financial Activities
Year ended 31st July 2022
(Incorporoting Income ond Expenditure Account)
Unrestricted Funds
Note5
2021122
Income from Generted Funds
Donationsand Legacie5
30
14.514
17&ll5
Incomefrom CharitableActivities
3b
63,201
Incomefrom Investments
16
12
other Income
3d
48
15,459
Total Income
77,779
217952
Ex
nditwe
Expenditure on ChariL*le Activities
40
131.877
127S16
Totsl Expenditure
131,877
127916
Totsl Incomir¥/{Oirtgoir¥l Resources
IS4,0981
)036
Total Funds Brou8ht Forw¥d
6,243.378
6JSIJ42
Totsl Fwxls Carried Forward
6,189,280
6243378
Movements on all r&ervesand all recognisoj gainsand loss8s areshown above. AJI ofthe
organisation'soperationsareclassed ascontinuing.
The noteson pages 11 to 17 form part of the5efinancial statements.
Anrtutsl ReportundFinunciolStt7tewts
YetsrEnded 31stJuty2022
Page 9

## **Pilgrims Hall Fellowship Limited** 

_(A Company Limited by Guarantee)_ 

## _**Balance Sheet as at 31st July 2022**_ 

## _Unrestricted Funds_ 

||_Notes_|**31st July 2022**|**_31st July 2021_**|
|---|---|---|---|
|||**£**|£|
|**Fixed Assets**||||
|Tangi ble Assets|_2_|**6,:128,971**|**_6,131,010_**|
|**Current Assets**||||
|Debtors|_5_|1,036|_355_|
|Cash at bank and in hand|7|59,973|_112,713_|
|**Total Current Assets**||61,009|_113,068_|
|Credit ors_(amounts falling due within one year)_|_6_|700|_700_|
|**Net Current Assets**||60,309|_112,368_|
|**Total Net Assets**||6,189,280|_6,243,378_|
|**Funds of the Charity**||||
|General Funds||6,189,280|_6,243,378_|
|Restricted Funds||||
|**Total Funds**||6,189,280|_6,243,378_|



The directors are satisfied that for the year ended on the 31st July 2022 the charitable company was entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006 and that no member or members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Act. However, in accordance with section 145 of the Charities Act 2011, the accounts have been examined by an Independent Examiner whose report appears on page 18. 

The directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the pre pa ration of accounts. 

The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (Charities SORP (FRS102)) - effective 1st January 2015. 

The directors acknowledge their responsibility for ensuring that the company keeps proper accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the **with** financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply the requirements of the Companies Act 2006 relating to accounts, so far as applicable to the company. 

## **Approved by the Board of Directors on 14th** _**November 2022**_ 

## _Signed on behalf of the Board of Directors by Stephen Dodgson_ 

Pilgrims Hall Fellowship Limited - Company Registration Number: 940052 

_Annual Report and Financial Statements Year Ended 31st July 2022_ 

Page 10 



Igrirns Hall Fellowship Limited
(A Compony Limited by Guor¢7ntee)
Notes to the Financial Statements
Year ended 31st July 2022
Unrestrirted Fund
l. Accounting Pollexes
Incorning Resources
Recognition ofincoming Resources
These are included in thestatement of Financial Activities ISOFAI when: i)theChaTity become5entitled to
the income,. ill it is mole likely than not theTrusteeswill ￿ceivethe reKiurce- iiilthe monetaryvaluecan
be measured with sufficient rdiability.
Incoming resources with reloted expenditure
Whereincoming resources have related expenditure las with seminar or courseincomel theincoming
resourceand rdated expenditure are reporteMI gross in the5(￿
Grontsund Don(Jtions
Grants and donations areonly included in theSOFAwhen thegeneral income recognition crituia are rnet
15.10 to 5.12 FRS102 SORPI.
Tox recloims on Donation5 (Jnd Gifts
Incoming resourte5from tax rerlaimsare included in theg)FAat thesametime asthegift to which
they relate.
Controctuol Incomeond Performonce Reloted Gronts
These areonly included in the SOFA oncethe relatal goodsor servicesha4e been delivered.
Legocies
Legacies are included in theSOFAwhen r￿elpt isprobable, that is. when therehas be￿ grant of probate,
theexecutors haveesiablished that thereare sufficient assetsin the estateand any conditions attached
to the legacy are either within thecontyrol of the charity or have be￿ met.
Gifts in Kind
Gifts in kind are accounted for at a rea9)nableestimateof their valueto the charity or the amount
actually realised. Gifts in kind for saleor distribution are included in theKcounts aswfts only when
sold ordistributed bythecharity.
Donatedservicesond Focilities
These areonly included in incoming rwurces (with an equivalent amount in re￿￿[Ce5 expended}
wheyethe benefit to the charity is reasonably Quantifiable. measurable and material. Thevalue placed
on thw resourcesistheestimated valueto the Charity.
Volunteer Help
Thevalue of any volunteer help recetved is not Includ￿ in theaccounts but isdexriboj in theTrustees'
annual report.
Investment Income
This is included in the￿COunt$ when r￿e1ved.
Investment Goinsond Losses
This includes any gain or loss on the saleof investments and any8ain or loss re5ultin8from r￿al￿1ft&
investmentsio marketv3lueat theend of theyear.
Funds
Unrestricted General funds represent the fundsof thecharity that are not subject to any restrictions
regarding their use. Designated fund5arealso unrestricted. Restricted fundsareto be used in accordance
with their termsof trust.
Annuol ReportondFinonc￿l5t0ternents
Yeor Ended 31StJuly2022
Pa8e 11

Pilgrims Hall Fellowship Limited
(A Compony knmited by Gu¢Jrt7ntee)
Notes to the Financial Statements (continued)
Year ended 31st July 2022
Unrestricted Funds
l. Accounting Policies (continued)
Expenditure and Liabilities
Liobility Recognition
Liabilitie5are recognised assoon as there isa legal or con#ructive obligation committingthe Charity
to pay out resources.
Governonce Costs
Includescostsof the preparation and examination of statutory accounts the costsof Trusteps.
meetingsand cost of any legal adviceto Trustees on govwnanceor tonstitutional matters.
Chonges in Accounting Policies und Prtwiousokcounts
There has been no change to theèccounting policies (variation rulesand methodsof accounting)
since last year. and no thangesto the previous accounts.
Groftts with Performt7nce Condittions
Where thecharity gives a grant with conditionsfor itspayment being a speciffic level of service
or output to be provided. such gr)ntsareonly recogriised in theSOFAoncethe recipient of the
grant has provided the specified serviteor output.
Gronts Poyoble without Performonce Conditions
Theseare only recognised in the accountswhen a commitment has been frtadeand there are no
conditionsto be met relatÉng to agrant which remains in control of thecharitv.
TanEible fixed as*tsfor usebythecharity. Th￿e arecapitalised if they can be used for more
than one year and cost at least £500. They arevaluej at Cost, or if gift&l. at thevalueto the
Charity on receipt.
Depreciation is calcul*ed at a rateto writeoff thecost of tangiblefixed assetson a straight line
basis over thwr estimated LFseful lives. The rates appliaj per annum are asfollows=
Estate Equipment
20% reducin8 balance
Catering & Office Equipment
20% reducing balance
Furniture and Fittings
IO% reducing balance
No depreciation is charged to freehold property 3sthe property is maintained io wch a stat)dard
the estimated r￿dUal value is not lessthan cost.
Offtettin9
There has been no off5ettinB of assetsand liabilities, or income and expenses, unle55 r￿uIr￿ or
permitted by the FRS 102 SORP or FRSIO2.
Bosis of Preporation
Pilgrims Hall Chrtstian Fdlowship meetsthedefinition of a public benefit entity under FRS102. The
rinancial statements havebeen prepared on the historical cost ba&sof accounting in ￿CordanCe
with thecharities Act 2011 and in accordance with applbcableaccovntin8 standards. In preparing
thefinancial ￿ateMentst￿echarity[ol1OWSthe provisionsof kcounting and Reporting by Chariti
Statement of Recommended Prarticeapplicable to charitie5 preparing theFr accounts in &cordance
with theFinancial Reporting standard applicablein the UK and the Republic of Ireland IFRS1021-
effective 1st January 2015. Preparation 0fthe￿cOuftts ison a goingconcern basis. TheTrustees
areof theview the levd of reserve5wiII support thecharitygoing forward.
Annuol Report ondFinonci015totemÉnts
YeurEnded 31stJuty2022
Page 12

Pilgrims Hall Fellowship Limited
{A Compony Limited by Guamntee)
Notes to the Financial Statements (continued)
Year ended 31st July 2022
Unrestrtcted Funds
2. TaNdible Fixed Assets
Offte &
Estste
Catwir
EryJ•wnent Eqwment
Property& Equipment
FuMitU￿ &
Fittr)BS
Free
Prore
Totsl
Cost at 1st August 2021
Additions
Cost èt 31st July 2022
13,478
4.318
24.677
6.115.000
6.157,473
13.478
4,318
24,677
6.115.000
6,157.473
Depreciation at 1st August 2021
Chargethis period
Depreciation at 31stJuly 2022
10.553
585
11.138
2.856
292
3.148
13.054
1,162
14.216
26.463
2,039
28.502
Net Book Value 31st July 2022
NetBook Volue 31SlJufy2021
2.340
2925
1.170
1,462
10.461
11.623
6.115.000
6.115.0
6.128.971
6J31.010
No annual commitments under non-cancdltngoperating leases, capital commitments
or contingent liabilities were entered into duringtheyear. 12020/21-NoneJ.
Annuul Report Financiolstotemthts
YeorthdEd 31stJuty2022
Page 13

Pllgrims Hall Fellowship Limited
(A Compony b"nvted by Guarontee)
Notes to the Financial Statements (continued)
Year ended 31st July 2022
Unrestrirted Funds
3. IrKome
2021122
2020ft1
al t)onationsand Legxies
Estate
Gifts and Donations
Le8acie5
Gift Aid Tax
400
11,878
820
1.416
I￿9
13303
163.462
1.461
14.514
178.775
bl Intome from Ch¥it*)le Activities
Conferenceand Ministry
Retreais
Seminars and Courses
Counselling
Rendezvous (Drop-in Tea Room)
Bookshop Commisston
£commodationlSpace/Storage Rental
7,397
25.380
2,580
lo￿70
432
32
5,735
1.919
3J70
11.922
4,462
11.460
63.201
23.7
cl Investment Income
Interest
16
12
dl Other Incorne
Administration & Sundry
Government Grants ICovid-191
48
173
15286
15,459
Annuol Reportond fJnoftcsolSroMnwts
YeorEndÉd31stJuty2022
Page 14

Pdgrims Hall Fellowship Limited
(A Company Li￿ted by Guarontee)
Notes to the Financial St(rtements (continued)
Year ended 31st July 2022
Unrestrirted Funds
4. Expenses
2021122
2020ft1
al Expenditure from Charitable Activities
Administration
Depreciation /writ+off
Estate
General Household
Independent Examiners Fees
Ministryl Gifts
Repairs and Renewals
Event Catering and Expenses
Rendezvous (Drop-in Tea Room)
Bookshop
Servicel utilities
Weekly Allowancecosts
4.982
2.039
3.623
2.407
700
730
6383
1918
3453
1296
7CQ
26.424
241
5,228
1.290
41.510
42.703
49A93
816
2J53
824
34J47
2503
131.877
127916
5. Debtors and Prepayments
Gift Aid Tax Claim
1.036
355
6. Credit(X5 (Amourptsfolling due within oneyeor)
Independent ExaminersFees
700
Annuul Reportundfinonciolstotements
YettrErJded 31srJuty2023
Page IS

Pilgrims Hall Fellowship Limited
(A Compony Limited by 6uuronteeJ
Notes to the Financial Statements (continued)
Year ended 31st July 2022
Unrestrirted Fund5
7. Cash at Bank and in Hand
2021122
2020/21
Current Account
Business Premium Account
Building Soc4ety kcount
Cash in Hand
3,409
55,105
703
756
6JlO
105.094
811
Total Cash at Bank and in Harnl
59,973
112.713
& tharity Workers Numbers arKI Costs
Total Weekly LiyingAlIow￿ee Costs
42.703
25A53
Thecharity employed an average of 7 peopleduringtheyear. {2020/21..5people).
Pilgrims Hall is an intentional rdigiouscommunity and asgjch is exempt by law from
the ieNuirements of statutory minimum wage legi￿atIOn.
No charity worker received emolUM￿t5 of morethan £60,000 in thefinancial pÉYiod.
12020/21_' None).
9. Directors. Emolurnents
No payments were madeto Directorsor any person connected with them during thisfinan¢ial period.
{2020/21. Nonel.
No material traASaCtion took place between the Charityand a DIr￿tOr or any person connected
tothem. 12020/21.. Nonej.
10. Reconciliation on Movement of Capitsl and Re5erve5
The Company is Limited byGuaranteeand is a Charity registered with thecharity Commission
England and Wales- number 2572161 and does not havea Sharecapital. Thecompany has no
income which i55ubject to Corporation Tax.
2021122
2￿/21
Surplusl IDeficitl for the Financial Year
Other Recognised Gains
154,098)
36
154.0981
90,036
Balance Brought Forward
6.243.378
6.153342
a051￿ Fund5 at 31st J￿Y 2022 {2021J
6.189280
6,243,378
AnnuolReportOndFinonciolStotern￿ts
Yeor Ended 31stJuly2022
Page 16

Igrims Hall Fellowship Limited
IA Company ts"mited by 6uoronteeJ
Notes to the Financial Statements (continued)
Year ended 31st July 2022
Unrestrirted Funds
11. Restricted Funds
The Company held no re5trictoJ fijndsduringthefinancial period. 1202012 1.. ￿)ne1
12. Risk Management
The Charity is exposed to operational risksthat. poientially, tovld adversely IMp￿t its
operations andlor ability to function. TheTrust&s are responsible for identifyin& controllin&
mitigating (where possible) and monitoring risks which in the short teym and foreseeable
fvture could pose threat. while recognisin8that it is not Possibleto diminate all risk. Taking
into account the nature and sizeof theChaTlty and the risksto which it is exposed. risk
management isconducted on a proportionate 1st for purpose, bags. s.e. by way of continuous
review and pNaluation. uwèlly at monthly meetings ofthe Board ofTrustees. rather than a
prescribed mechanistic approach through a formal stwctured process. Duringthe 2020121
financial year. theTrustees produced a new Risk Management Policy which providesa
frameworkto help inform practicein managing kw ri5ksacrossthe Charity.
13. Reserves Policy
The policy ofthe Charity 1Sto hold Re5ervesto help ensurethe on£oing xjlvwcy of the
Charity and, thereby, theabilityto continue performing its charitableobjLxtive5. In 2020121
theTrustees produced a Reserves policy which established the basis upon which the reserves
should be Set and the rulesto accessthem. The amount of re5wves is determined by balancing
the principlesof lil devoting incometo financing thecharity's activities in thefurtherance of its
charitable objectives and lill setting ayde an amount of fvndsjudged to be prudentiallv
adequateto addr￿S unforeseen andlor unplanned circumstancÈs that may ari*. In the li8ht
ofthecovid 19 crigswhich adversdy impacted theoperationsof theCh3ritywith a COn￿uent
Ios50f income, theTrUst￿ConS1dered theadepuacy ofthe reservesin casethe Government
r￿l￿pOseS Testrictions in order to manage the spread of thevirusthat could lead to the r
closure of Pilgrims Hall. HOw￿er, theTrUst￿cOnC1ud￿l that it would not be possibleto
increasether reserves. presently set at £20,000. to a levd which could fully in5vlatethe Charity
from anyfurther measures without negatively affectingthesupply of financial resourcesto
continuethe day-t04I3y activities of thecharity and also undertakernuch needed capital
expenditureto maintain the fabric of the buildin&
14. E￿bliC Benefit
The Charityacknowledges its requirement to demon￿rate¢learIY ihat it musi have charitable
purposes or"aims" that arefor the public benefit. Details of howthecharity has ￿hleYed
this are provid￿ in the Trustees, report. The Trustees confirm that they have paid due regard
to the Charity Commission guidanceon public benefit when deciding what artivitiesthecharity
should undertake.
nuol Reporttsrtd FinoncialStotewJrs
YeorEndEd31stJU￿2022
Page 17

## **INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS** 

I report to the trustees of Pilgrims Hall Fellowship Limited on my examination of the accounts for the year ended 31st July 2022. 

## **Responsibilities and basis of report** 

As the charity’s trustees of the charitable company (who are also the directors of the company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”). 

Having satisfied myself that the accounts of the charitable company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act”). In carrying out my examination, I have followed the Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act. 

## **Independent examiner's statement** 

I have completed my examination. I confirm that no material matters have come to my attention which gives me cause to believe that: 

- accounting records were not kept in accordance with section 386 of the Companies Act 2006; or 

- the accounts do not accord with such records; or 

- the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 

- 2006 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; or 

- the accounts have not been prepared in accordance with the Charities SORP (FRS102). 

I 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 accounts to be reached. 

Signed: 

Date: 30th May 2023 

Independent Examiners Ltd Unit 2 The Broadbridge Business Centre 

Delling Lane Bosham PO18 8NF 

18