Pilgrims Hall Fellowship Limited
(A Company Limited by Guarantee)
Annual Report and Financial Statements
Year ended 31st July 2024
Charity Registration No.. 257216
Compony Registration No.. 940052
Pilgrims Hall
Ongar Road
Brentwood
Essex
CM15 95A

Pilgrims Hall Fellowship Limited
(A Company Limited by Guarantee)
Annual Report and Financial Statements
Year ended 31st July 2024
Contents
Page 3
Legal and Administrative Information
Pages 4 to 8
Trustees, Report
Page 9
Statement of Financial Activities
Page 10
Balance Sheet
Pages 11 to 16
Notes to Financial Statements
Page 18
Independent Examiner's Report on the Accounts
Annuol ReportondFinonciolStotements
YeurEnded31stJvly2024
Page 2

Pilgrims Hall Fellowship Limited
(A Company Limited by Guuranteej
Report of the Trustees
Year ended 315tJuly 2024
Legal and Administrative Information
Governing Document
Memorandum & Articles of Association incorporated on 7th October 1968
legal StotU5
Incorporated Trust
Compony Number
940052
Chaffty Number
257216
Start offinoncial year
01.08.2023
End offinoncial year
31.07.2024
Bourd of Trustees
Suzanne Cou5in5
Barbara Cummins
Stephen Dodgson
Mark Galliers
Jame5 Mills
Margaret Pear50n
Registered Office
Pilgrims Hall. Ongar Road. Brentwood. Essex, CM15 95A
Primary Bankers
Barclays Bank Plc. 75. High Street, Brentwood, Essex, CM14 4RP
Independent Examiner
Independent Examiner5 Ltd. Unit 2. The Broadbridge Business Centre,
Delling Lane. 8osham, P018 8NF
AnnuolReportané FinoncialStotenTents
YeurEnded31stJuly2024
Page 3

Pilgrims Hall Fellowship Limited
(A Company Limited by Guaranteej
Report of the Trustees (continued)
st
Year ended 31 July 2024
Introductson
The following is the Annual Report of the Trustees of Pilgrims Hall Fellowship Limited for the financial
year ending 31" July 2024.
Pilgrims Hall is a Christian ministry and retreat centre based in a regency period house situated in 19
acres of grounds, located near Brentwood, Essex. It is owned in trust by a charitable company
Pilgrims Hall Fellowship Limited- and operated by a community of Christians comprising the Trustees.
a team that resides at the Hall Iresponsible for the day-to-day operations of Pilgrims Hall) and
volunteers.
Churitable ob
erts
In summary, the objectives of Pilgrims Hall are to..
facilitate Christian discipleship by providing Christian ministry through a programme of
activities including worship, teaching, bible study, conferences. seminars, retreats, etc.,
and
make the buildings and land available for use by Christians, churches and Christian
organisations, etc.
Vision Stotement
God's Word for God's world- Proclaimingi Teaching, Living the Truth
Mission Statement
Pilgrims Hall is a Christian ministry and retreat centre whose heart is to serve and support Christians.
churches and Christian organi5ations by being a place where..
the Bible, as the authoritative Word of God, is foundational
the Gospel of the Lord Jesus Christ is proclaimed
Christian ministry is offered through:
Bible teaching and study
Seminars
Prayer
Discipling
Pastoral Care
Fellowship
in order to assist Christians to grow in the Faith bringing forgiveness, healin&
restoration and wholeness in an oasis of peace and refuge
the premises and grounds may be hired for meetings, Away Days, Christian activities, etc.
rooms are available for personal day and overnight retreats
Christian books, gifts, cards and materials are available for purchase from our Wellspring
Bookshop
people can meet for refreshments in a Christian environment in our Rendezvous Tea Room
The Board o
Trustees
The Board of Trustees is responsible for overseeing the life and work of Pilgrims Hall. Amongst other
things, the Trustees ensure that Pilgrims Hall fulfils its charitable objects and provides public benefit.
Continued....
AnnuolRepGrtondFffnonciolStotements
Yetsf Ended31"Jtsly2024
Page 4

Pilgrims Hall Fellowship Limited
(A Compuny Limited by Guorantee)
Report of the Trustees (continued)
Year ended 31" July 2024
The Trustees met as a Board each month throughout the year (except August) to fulfil their
responsibilities.
The Annual General Meeting IAGMI was held in November 2023 which was attended by friends and
users of Pilgrims Hall. Steve Dodgson was re-appointed Chairman of Trustees. The 2022123 Annual
Report and Accounts were presented and approved at the meeting which formed the basis to publicly
account for the life and ministry of Pilgrims Hall and the fulfilment of its charitable objectives to those
present at the meeting.
Public bene
The Trustees are mindful of the need to demonstrate public benefit which accrues from the life and
work of Pilgrims Hall. Pilgrim5 Hall advertlses, principally through the charity's web51te, the availability
of its programmes and facilities, in order to reach as many people a5 possible who may benefit from
them. In the main, the beneficiaries are individual Christians, churches and Christian organisations.
The Trustees seek to gather feedback on an on-going basis from those who use the facilities to help
judge the benefits.
During the year, a full range of ministry and activity was undertaken. This brought opportunity for
spiritual growth, discipleship and pastoral care to help Christians in their well-bein& faith and
relationship with Jesus Christ. It was clear from feedback at the AGM and received throughout the
year that individua15, churches and Christian organisations gained spiritually and pastorally as a result
of being able to use the facilities of Pilgrim5 Hall andlor participate in its ministry and programmes
and, thereby, fulfil the charitable objects of Pilgrims Hall including the aim of being a place that brings
peace. refuge, healing, wholeness and restoration.
Strote
During 2023124, the Trustees had three key objectives:111 to appoint a leader of the Resident Team,.
121 to raise fund5 and reduce the financial deficit- and131 to raise the profile of Pilgrims Hall through
a publicity campaign.
Minist Leader
rotions Mana
er
The role of Ministry Leader/Operational Manager wa5 advertised in the Christian media but none of
the candidate5 who expressed an interest were found to be suitable so the position remained unfilled.
The Trustees will reconsider how this may be taken forward in 2024125.
Finance
Total income amounted to circa £114,000, an increase of almost £14.000 over the previous year. Of
this. circa £6,000 was raised through an appeal for funds and prices were raised for retreats and
conferencing which helped to yield more income. Total expenditure amounted to circa £130,000, an
increase of almost £13,000 over the previous year. The two major costs were energy and Team
allowances. A new electricity and g35 supplier was arranged with the aim of cutting energy costs and
Team allowances were frozen. Had it not been for two large and unbudgeted costs Ito fell a diseased
tree and replace the main house boiler) amounting to nearly £IO.000, the deficit would have been
significantly reduced. The deficit was financed from general funds but it meant there was a further
erosion of bank deposits which is unsustainable in the long run. A Budget for 2024/25 will be set
Continued....
Annuol Report ond Finonciolstotements
YeurEndedS1"July2024
Page 5

Pilgrims Hall Fellowship Limited
(A Compony Limited by Guaranteej
Report of the Trustees (continued)
st
Year ended 31 July 2024
with the aim of balancing income and expenditure but any capital expenditure will need to be financed
from monies raised through appeal and/or from grant-making bodies.
Publicit
Work was completed to create a database of churches in Essex and East London. This will provide a
springboard to launch a targeted publicity campaign in 2024125.
Minist
During 2023124, a programme of ministry was carried out..
a seminar led by Christian Concern on matter5 of human sexuality followed by two
Seminars covering..
'Who am I, _ the Christian response to be human
'Who we are, _ the gift of malenes5 and femaleness
seminars covering-
1 & 2 Timothy
The Continuity of the Bible
Davidic Psalms
weekly Bible studies covering the books of Exodus and Leviticus under the banner of
'Foundations Explored"
monthly Led Quiet Days
Throughout the year, Pilgrims Hall hosted-
Christians staying as retreat Buests for personal prayer, Bible study. worship
meditation etc.
Churches and Christian organisations who used the premises for meetings and social
events
Christians renting apartment accommodation.
The Wellspring Bookshop was open for people to purchase Christian books, magazines. CD/DVDs,
cards, gifts etc. New and more efficient arrangements were put in place with a key supplier (Southend
Christian Bookshop) and plans made to refurbish the shop in August 2024.
The Rendezvou5 Tea Room operated each Tuesday throughout the year except over the Christmas
and Easter holiday period5 and the month of August. During August, cream te35 were served each
Sunday afternoon.
During the year, many people attended Pilgrims Hall to attend ministry programmes, stayed for
personal retreats, purchased books, cards and other items from the Wellspring bookshop and came
for refreshments at the Rendezvous Tea Room and creaffl teas. All these activities provided
opportunity for people to meet together in a Christian environment to study the Word of God.
fellowship with other Christians, receive pastoral care and Brow sptritually.
Re
urbishment und Renovatlon5
Pilgrims Hall is a Grade 2 listed 18, century building which requires constant work to maintain the
fabric and integrity of the building. Work was undertaken to redecorate rooms including Cedar Suite
Continued....
Annuol Report ond FinuFJcia15totements
YeorEnded31"July2024
Page 6

Pilgrims Hall Fellowship Limited
fA Company Limited by Guarantee)
Report of the Trustees (continued)
Year ended 31" July 2024
Used by churches and Christian organisations for meetings. Further work is needed to upgrade some
bedrooms with en suite bathrooms and, more importantly, roof repairs are required on the main
building and Stable block but these can only be undertaken as and when funds become available.
Policies and
rnrtices
The Trustees reviewed and updatedlrevised policies and practice5 as necessary and appropriate to
ensure they remain current. A new 'Volunteer' policy and practice document was produced taking
account of Charwty Commission guidan￿. A Finance Manual wa5 prodU￿d detailing operating
processes and procedures in order to help rnrtigate 'Key Person, risk. Food SafetylHygiene and
Safeguarding Training wa5 carried out.
Petsonnel
Jimmy Mills was reappointed a5 a Trustee for a further three years. John and Val Coulthard retired
having served as part of the Resident Team for over nineteen years. Because of financial constraints,
it was not Possible to recruit replacement Team members which meant that the remaining Team
members had to bear an InC￿aSed workload. To help address this, Steve Dodgson took over
temporary responsibility for managing the day-to-day finances and book-keeping. Keith Bilton who
volunteers in the office increased hi5 time from one to two days a week. Pauline Canham retired from
volunteering in the Bookshop after many years of seThice. New volunteers came forward to help in
the Bookshop and the Rendezvous Tea Room.
Next Financial Yeor
Looking forward to the 202415 financial year. the Trustees will be particularly focusing on the future
viability of Pilgrims Hall taking account of the current financial situation. the need to maintain a listed
building that is over two hundred years old. the requirement for a leader of the Resident Team and
su¢ce5sion planning for the Trustees as the majorrty are now in their seventies and have served for
long periods of time.
reciation
The Trustees are indebted to the Resident Team and the volunteers for their work in undertakTrng the
day-to-day operations of Pilgrims Hall. The Trustees are grateful to them for their faithfulness and
dedication over the past year in support of the aims of the Charrty especially in view of the change5
and challenges reported earlier. The Trustee5 are also thankful to God for his faithfulness and
providence in meeting the needs of Pilgrims Hall which enabled its life and ministry to continue.
Stotement o
rrustees. Res
nsibilities
The Trustees (who are also the Directors of Pilgrims Hall Fellowship Limited for the purposes of
company lawl are responsible for preparing the Trustees, report and the financial statements in
accordance with applicable lawand Unwted Kingdom Accounting Standards (United Kingdom Generally
Accepted Accounting Prartice}, including FRS 102 Vhe Financial Reporting Stsndard applicable in the
UK and Republic of Ireland"
Company law requires the Trustees to prepa￿ financial statements for each financial year which give
a true and fair view of the state of affairs of the company and of the profit or 1055 of the companv
during that periiKI.
Continued....
Reportond Fimincio1Stotements
Ye(yrEnded31 July2024
Page 7

Pilgrims Hall Fellowship Limlted
(A Company Limited by Guoronteej
Report of the Trustees (continued)
5t
Year ended 31 July 2024
In preparing those financial statements the Trustees are required to..
lil select suitable accounting policies and then apply them consistently
ill make judgements and estimates that are reasonable and prudent,
liiil prepare financial statement5 on a going concern basis unless it is inappropriate to presume
that the company will stay in business,
livl state whether applicable accounting Standards comprising FRS 102 have been followed
have been followed subject to material departures disclosed and explained in the financial
statement,.
Iv) observe the methods and principles in the Charities SORP.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable
accuracy at any time the financial position of the company and to enable them to ensure that the
financial statements comply with the Companies Act 2006. They are also responsible for safeguarding
the assets of the company and hence for taking reasonable steps for the prevention and detection of
fraud and other irregularities.
Small com
anies
rovision statement
In preparing this report the Trustees have taken advantage of special provisions of the Companies Art
2006 relating to small companies.
The Trustees are also responsible for the content of the Report of the Trustee5. The responsibility of
the independent examiner in relation to the Trustees, Report is limited to examining the report and
ensuring that on the fa￿ of the report, there are no inconsistencies with the figures disclosed in the
financial statements.
l approve the attached statement of financlal activities and balance sheet for the year ended 31st July
2024, and confirm that I have made available all information necessary for its preparation.
Stephen R Dodgson: £ E t>x
Date: Jo November 2024
Chalrman {on behalf of the 8ot7rd of frustees)
TNstees.' Suzanne Cousins, Barbara Cummins, Mark Galliers, James Mills, Margaret Pearson
AnnuolReport gndFinontiolStotements
YeorEnded31"July2024
Page 8

Pilgrims Hall Fellowship Limited
(A Company Limited by Guaranteej
Statement of Financial Activities
Yeor ended 31stJuly 2024
(Incorporating Income and Expenditure Account)
Unrestricted Funds
Notes
2023124
2022/23
Income
lTrcome from Generated Funds
Donations and Legacies
23,262
28,609
Income from Charitable Activities
3b
90,076
70.986
Income from Investments
414
185
Other Income
3d
557
Total Income
114,196
100.337
enditure
Expenditure on Charitable Activities
4a
130,058
117,119
Total Expendlture
130,058
117.119
Totsl Incoming/(Out8oing) Resources
115,8621
(16,7821
Total Funds Brought Forward
6,172,498
6.189,280
Total Fund5 Carried Fonvard
6,156,636
6,172.498
Movements on all reserves and all recognised gains and losses are shown above. All of the
organisation's operations are classed as continuing.
The notes on pages 11 to 17 form part of these financial statements.
AnnuolReport ond Finofr7cioIStatements
YeurEnded31stJuly 2024
Page 9

(A Company Limited by Guarantee)
Company Registration Number-. 941XJ52
Balance Sheet
as at 31stJuly 2024
Unrestricted Funds
Notes
31st July 2024
31stJuly2023
Flxed Assets
Tangible Assets
6.126,372
Current Assets
Debtors
Cash at bank and in hand
1,415
30,199
1,294
43,976
Total Current Assets
31,614
45.270
Creditors (omount5folling due within one yeorj
1,350
720
Net Current Assets
30,264
44,550
Total Net Assets
6,156,636
6,172,498
Funds of the Charlty
General Funds
Restrlcted Funds
6,156,636
6,172.498
Total Funds
6,156,636
6,172,498
The Trustees are satlsfled that for the year ended on the 31st July 2024 the charltable company wa5 entitled to
èxemption from the requifement to obtain an audit under section 477 of the Companie5 Act 2006 and that no
member or members have requlred the company to obtain an audit of it5 accounts for the year in question in
accoidance with section 476 of the Act. However, in accoidance with section 145 of the Charitie5 Act 2011, the
account5 have been examined by an Independent Examlner whose report appears on page 18.
The Trustees acknowledge their re5pon51bllity for complylng wlth the Tequtrements of the Companies Act 2006
with respect to accountin8 records an(1 the preparatlon ol a¢counts.
The Accounts have been prepaied in accordante with the provisions In Part 15 of the Companles Act 2(X)6
applicable to companies subjert to the small eompanies regime and in accordance with the FlnancTral Reportin8
Standard applicable in the UK and Republic of Ireland (Charities 50RP IFRS10211- effective 1st January 2015.
The Trustees acknowledge their re5ponslblllty for ensuring that the company keeps proper accounting records
which comply with section 386 of the Att and for preparing financial statements which Eive 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 financi31
year in accordance with the requirements of section5 394 and 395 and which otherwise comply with the
requlrements of the Companies Act 2006 relating to atcounts, so far as appllcable to the company.
Approved by the Board of TrustÈe5 On....
Slgnedon beholf of the 8ourd OA Trustees by5tephen R Dodgson......
Anntstrl Reportond Finoncio1Stotements
YeurEnded 31, July 2024
Page 10

Pilgrims Hall Fellowship Limited
(A compony Limited by Guarantee)
Notes to the Financial Statements (continued)
st
Year ended 31 July 2024
Unrestricted Funds
l. Accounting Policies
Charity Status
The Charity is limited by guarantee, incorporated in England, and consequently does not have share
capit31. Each of the members is liable to contribute an amount not exceeding £1 towaid5 the assets
of the Charity in the event of liquid3tion.
Summary of significant accounting policies and key accounting estimate5
The principal accounting policies applied in the preparation of these financial statements are set out
below. These policies have been consistently applied to all the years presented, unless otherwise
stated.
Statement of compliance
The financial statements have been prepared in accordance with Accounting and Reporting by
Charities.. Statement of recommended Practice lapplicable to chaflties preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS
10211 lissued in October 20191 Icharities SORP IFR510211, the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS1021 and the Companies Act 2006.
Incomlng Resources
Recognition of Incoming Resources
These are included in the Statement of Financial Activities ISOFAI when.- il the Charity becomes
entitled to the income,. ill it is more likely than not the Trustees will receive the resource,. iiil the
monetary value can be measured with sufficient reliability.
Incoming resources with reloted expenditure
Where incoming resources have related expenditure las with seminar or course income) the incoming
resource and related expenditure are reported gross in the SOFA.
Gronts and Donutions
Grants and donations are only included in the SOFA when the general income recognition criteria are
met15.10 to 5.12 FR5102 SORPI.
Tax reclaims on Donotions ond Gifts
Incoming resources from tax reclaims are included in the SOFA at the same time as the gift to which
they relate.
Contructuol Income and Performt7nce Related Grants
These are only included in the SOFA once the related goods or services have been delivered.
Legacies
Legacies are included in the SOFA when receipt is probable, that is, when there has been grant of
probate, the executors have established that there are sufficient assets in the estate and any
condition5 attached to the legaty are either within the control of the charity or have been met.
Gifts in Kind
Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount
artually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when
sold or distributed by the Charity.
AnnuolReporr ond Finunciojstotements
YearEnded 31"July 2024
Page 11

Pllgrims Hall Fellowship Limited
(A compony Limited by Guarantee)
Notes to the Financial Statements (continued)
st
Year ended 31 July 2024
Unrestricted Funds
l. Accounting PollcSe5 Icontinuedl
Donated Services t7nd Focilities
These are only included in incoming resources Iwith an equivalent amount in resources expended)
where the benefit to the charity is reasonably quantifiable, measLTrrable and material. The value placed
on these resources is the estimated value to the Charity.
Volunteer Help
The value of any volunteer help received is not included In the accounts but is described in the
Trustees, annual report.
Investment Income
This Is included in the account5 when received.
Investment Gains ond Losses
This includes any gains or 10s5es on the sale of investments and any gain or loss resulting from
revealing investments to market value at the end of the year.
Funds
Unrestrlcted General Funds represents the funds of the charity that are not subject to any restrictions
regarding their use. Designated funds are also unrestricted. Restricted funds are to be used in
accordance with their terms of trust.
Expendlture and Llabllltles
Liobility Recognition
Liabilities are recognised as 500n as there is a legal or tonstructive obligation committin8 the Charity
to pay out resources.
Governance Cost5
Include5 Costs of the preparation and examination of statutory accounts, the cost of Trustees,
meetlngs and the cost of any legal advice to Trustees on governance or constitutional matter5.
Chonges in Accounting Policles ond Previous Attount5
There has been no change to the accounting policies Ivariatlon rules and methods of accountlll815ince
last year, ènd no changes to the previous accounts.
Grants with Performance Conditions
Where the Charity give5 a grant with conditions for its payment being a specifi¢ level of service or
output to be provided, such grar*ts are only recognised in the SOFA once the recipient of the grant has
provided the specified service or output.
Grants Poyoble without Performt7nce Conditions
These are only recognised in the accounts when a commitment has been made and there are no
onditions to be met relating to a grant which remains in control of the Charity.
Anntstsl Report ond Finonciolstotements
¥eorEnded 31, July 2024
Page 12

Pilgrims Hall Fellowship Limited
(A compt7ny Limited by Guorantee)
Notes to the Financial Statements (continued)
Year ended 31"July 2024
Unrestricted Fund5
Assets
Tangible fixed assets forthe use by the Charity. These are capitalised if they can be used for more than
one year and cost at least £500. They are valued at cost, or if gifted, at the value to the Charity on
receipt.
Depreciation is calculated at a rate to write off the cost of tangible fixed assets on a straight line basis
over their estimated useful lives. The rate5 applied per annum are as follows:
Estate Equlpment
20% reducing balance
Catering & Office Equipment
20% reducing balance
Furniture and Fittings
IO% reducing balance
No depreciation is charged to freehold property as the property is maintained to such a standard the
estimated residual value is not less than cost.
Offsetting
There has been no offsetting of assets and liabilities. or income and expenses. unless required or
permitted by the FRS 102 SORP or FRSIO2.
Bas15 of Preparotion
Preparation of the accounts is on a going concern basis. The Trustees are of the view that the level of
reserves will support the charity going forward.
2. Tanglble Fixed Assets
Office &
Furniture
Property & Equipment
Estate
Equipmen
Catering
Equipmen
Freehold
Fittings
Property
Total
Cost at 1st August 2023
Additions
Cost at 31st July 2024
13.478
4,318
25,477
6,115.000
6.158,273
13,478
4,318
25,477
6,115,000
6,158,273
Depreciation at 1st August 2023
Charge this period
Depreciation at 31st July 2024
11,607
374
3,382
187
15.336
1,015
16,351
30,325
1,576
31,901
11,981
3,569
Net Book Value 31st July 2024
Net Book Volue 31stJuly 2023
1,497
749
9,126
9.341
6.115,000
6,115,000
6.126,372
6.127,948
2,671
936
No annual commitments under non-cancelling operating leases, capital commitments or contingent
liabilities were entered into during the year. (202¥23- None).
AnnuulReportundFinonclolStotements
Year Ended31 July2024
PèÈe 13

Pilgrims Hall Fellowship Limited
(A Company Limited by Guarantee)
Notes to the Financial Statements (continued)
Year ended 31stJuly 2024
Unrestricted Fund5
3. Income
2023124
2022/23
al Donatlons and Legacles
Estate
4(X)
400
Gifts and Oonations
Gift Aid Tax
19.966
2,896
24.254
3.955
23,262
28,609
b) Income from Charitable Actlvltie5
Conference and Ministry
Retreats
Seminars and Courses
Rendezvou5 (Drop-in Tea Rooml
Bookshop Commission
Accommodation/Space/Storage Rental
8,569
32,555
2.105
13,967
6,130
26,750
8.460
26.005
2.929
13.066
4,726
15,800
90,076
/0,986
cl Investment Income
Interest
414
185
dl Other Incorne
Administration & Sundry
Scrap Metal Sale
21
536
557
ArJnualReportondFin¢7ncialStotements
Yeof Ended31stJtsly2024
Page 14

Pilgrims Hall Fellowship Limited
(A Company Limited ty Guoranteej
Notes to the Financial Stlrtements (continued)
Year ended 31stJuly 2024
Unrestricted Funds
4. Expenses
2023124
2022/23
a) Expenditure from Charltable Arti¥itles
Administration
Depreciation
Estate
General Household
Independent Examiners Fees
Ministry l Gifts
Repairs and Renewals
Rendezvous (Drop-in Tea Room)
Bookshop
Service / Utilities
Weekly Alowance Costs
5.921
1.576
6.733
2,721
750
5,253
11,322
7,174
5,351
1.823
1.873
2.142
720
1.172
8.831
7.056
1.799
37.035
49.317
44,241
41,958
130.058
117,119
5. Debtors and Prepayments
Gift Aid Tax Claim
IA15
1.294
6. Creditors {Amountsfalling due kvithin one yeor)
Professional Fees
1.350
720
Anntstsl Report ond Fil￿￿(￿115torernents
YearEnded315tJufy2024
Page 15

Pilgrims Hall Fellowship Limited
(A Company Limited by Guamntee)
Notes to the Financial Statements (continued)
Year ended 31stJufy 2024
Unrestricted Funds
7. Cash at Bank and in Hand
2023124
2022/23
Current Account
6,867
21,668
739
925
4.927
Business Premium Account
Building society Account
Cash in Hand
37,278
715
1,056
Total Cash at Bank and in Hand
30,199
43.976
8. Charity Workers Numbers and Costs
Total Weekly Itving Allowance Costs
41.958
49,317
The Charity employed an average of 4 people during the year. f2022/23.' 6people). Pilgrims Hall is an
intentional religious community and as such is exempt by law from the requirements of statutory
minimum wage legislation. It does not operate payroll but pays employees allowance5. The employee5
are responsible for reporting their own tax affairs and national insurante liabilities to HMRC.
No charity worker received emoluments of more than £60,000 in the financial period.
[2022/23.. Nonej.
9. Trustees, Emoluments
No payments were made to Trustees or any person connected with them during this financial period.
{2022/23.. None}.
No material transaction took place between the Charity and a Trustee or any person connected to
them. (2022/23.. None).
10. Reconci1Satlon on Movement of Capital and Reserves
The Company is Limited by Guarantee and is a Charity registered with the Charity Commission
(England and Wales- number 2572161 and does not have a Share Capital. The Company has no income
which is subject to Corporation Tax.
2023124
202V23
Surplus I (Deficit) for the Financial Year
Other Recognised Gains
115,8621
116,782J
115,8621
116,7821
Balance Brought Forward
Closing Funds at 31st July 2024 (20231
6,172,498
6,189,280
6,156,636
6,172 498
Annut71Reportond Flnun¢iolStutements
Yeor Ended31"July2024
Pagè 16

Pilgrims Hall Fellowship Limited
(A Company Limited by GuGfGntee)
Notes to the Financial Statements (continued)
Year ended 31st July 2024
Unrestrirted Funds
11. Restrlrted Funds
The Company held no restricted funds during the financial period. 12022123.. None)
12. R15k Management
Pilgrims Hall is exposed to operational rfsks that. potentialty, could adversefy impart its viabillty and,
thereby. its ability to function. The Trustees seek to identify. control. mitigate and monitor risks which
in the short term and foreseeable future could p05e significant threat. while recognising that it is not
Possible to eliminate all risk. with the aim of ensuring that the achievement of the Charity's objertives
and public benefit are unimpaired by risks that should be capable of being addressed. The Trustees
undertook this Wlthin the framework of a Risk Management policy which codifies key rlsk5 and at each
monthly Board meeting assessed and addressed particular risks.
13. Reserves Pollcy
The Trustees operate a Reserve policy whlch sets out the basls upon which the Reserves are created.
maintained and accessed. The Trustees established a ring-fenced Reserve of £20,000 which strikes a
balance between being prudential but not deprivin8 day-to-day operations of financial resources. This
should provide a sufficient cushion to meet emer8ency unplanned/unfore5een expenditures and. if
the solvency of the Charity come5 under threat, ensure funds are available to meet costs that would
necessarily be incurred to sell assets and/or wind it up.
14. Publlc Benefft
The Charlty acknowledge5 its requirement to demonstrate clearly that It must have charitable
purposes or "aims" that are for the public benefit. Details of how the Charity has achieved this are
provided in the Trustees, report. The Trustees confirm that they have paid due regard to the Charity
Commission guldance on publlc benefrt when deciding whèt activities the Charity should undertake.
Annual ftewtondFyn4n¢iulStt7ternents
ye£¢rEA￿ed31'jvty2O24
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## **INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS** 

I report to the charity trustees on my examination of the accounts of Pilgrims Hall Fellowship Limited for the year ended 31st July 2024. 

## **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: 01.12.2024 

Zita Derbak MAAT AATQB Independent Examiners Ltd Unit 2 The Broadbridge Business Centre Delling Lane Bosham PO18 8NF 

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