Pilgrims Hall Fellowship Limited (A Company Limited by Guorantee) Annual Report and Financial Statements Year ended 31st July 2025 Ch(Jrity Registration No.. 257216 Company Registration No.. 940052 Pilgrims Hall Ong(Jr Road Brentwood Essex CM15 9SA
Pilgrims Hall Fellowship Limited (A Company Limited by Guarontee) Annual Report and Financial Statements Year ended 31st July 2025 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 17 Notes to Financial Statements Page 18 Independent Examiner's Report on the Account5 Page 2
Report of the Directors Year ended 31st July 2025 Legal and Administrative Information Governing Document Memorandum & Articles of Association incorporated on 7th October 1968 Legal Status Incorporated Trust Company Number 940052 Charity Number 257216 Start offinoncial yeor 01.08.2024 End offinancial year 31.07.2025 Board of Trustees Ben Alltimes Ifrom February 20251 Pauline Baker Ifrom August 20251 Suzanne Cousins (until July 20251 arbara Cummins ILJntil February 20251 Stephen Dodgson (until M3y 20251 Bernard Elkin (from February 20251 Mark Galliers luntil February 20251 Kevin Gilderson (from February 20251 James Mills (until April 20251 Margaret Pearson luntil February 20251 Andrew Wilkinson (from February 20251 Primary Bonkers Barclays Bank Plc, 75, High Street, Brentwood, Essex, CM 14 4RP Independent Examiner Independent Examiners Ltd, Grain Store, Hills Barns, Appledram Lane South, Chichester, P020 7EG Page 3
Introduction The following is the Annual Report of the Trustees of Pilgrims Hall Fellowship Limited for the financial year ending 315tJuly 2025. 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 (responsible for the dav- to-day operations of Pilgrims Hall) and volunteers. Charituble ob ects 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 organisation5, etc. Vision Statement God's Word for God's world - Proclaiming, 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 organisations by being 8 p13ce 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 to assist Christians to grow in the Faith bringing forgiveness, healing, 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 8vailable for purchase from our Wellspring Bookshop people can meet for refreshments in a Christian environment in our Rendezvous Tea Room Page 4
The Bourd 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. The Trustoos met as a Board each month throughout the year (except August) to fulfil their responsibilities. As foreshadowed in the previous Annual Report, at the start of 2024125, the Trustees considered the future viability of Pilgrims Hall. The Trustees concluded that while Pilgrims Hall could have a viable future, there needed to be a change in TrtJSteeship to lead the charity going forward, taking into account that the majority of the Trustees were in their mid seventies and many had served for long periods of time, in one case for over fifteen years. There was a recognition that new Trustees should be appointed who could drive forward the life and ministry of Pilgrims Hall with fresh vision and vigour. Following a search process, five new Trustees were appointed (four in February 2025 and one from August 20251 as shown on page 3. To achieve an orderly handover, the existing Trustees staggered their resignations. One of the new Trustees, Kevin Gilderson, became Chairman in March 2025, succeeding Steve Dodgson who remained as a Trustee for a further two months land continued Service thereafter in a volunteer rolel. All the new Trustees live in the Brentwood area and attend local churches, possess the necessary range and mix of knowledge, skill and experience to lead the charity and are fully committed to supporting and fulfilling the work, life and ministry of Pilgrims Hall. Strate Because of the commitment to search for suitable new Trustees, the need to addre55 Strategic issue5 e.g. finance, staff resource5, etc. was put on hold until new Trustees were appointed. Following their appointments and the change in Chairmanship, the new Trustees publicly asserted their vision of Pilgrims Hall being a welcoming Christian ministry and resource centre and providing an outreach and teaching role to help build tho church in the region. Specifically, the new Trustees identified a number of key priorities.. for Pilgrims Hall to re- engage with local churches, to raise its profile across Essex and East London boroughs, to generate more income including raising funds for capital expenditure to repair and improve the buildings, and to appoint new staff team members, including a leader, and volunteers. Work started on all these priorities and will continue into the next f inancial year with the aim of putting the charity on a stable financial footing with clear focu5 on each of its activities and in closer relationship with local churches. In order to improve consultation and co-ordination with the staff team, who have day-to-day operational responsibility for the activities of Pilgrims Hall, the Trustees also decided that staff members Should routinely attend Trustees meeting which would come into effect in 2025126. Activities Throughout the year, Pilgrims Hall served Christians, churches and Christian organisations who used the premises for personal retreats, meetings and conferences. In the next financial vear, the Trustees will be examining the scope to raise prices and maximise occupancy of the retreat bedrooms and meeting rooms to help generate more income. The premises were a15Q used to provide accommodation for Christians and other facilities were rented to local people Page 5
and businesses. The Trustees reviewed and increased rents and also entered into contract5 with all those who use the premises so that these relationships are now on a formal footing. The Rendezvous Tea Room operated during the year on Tuesdays. Latterly, the menu had to be temporarily reduced because of a key staff member taking maternity leave, which impacted income. The Trustees will consider in the next financial year the feasibility of opening the Rendezvous Tea Room on a second day of the week. The Wellspring Bookshop operated throughout the year. It was refurbished and redecorated in August 2024. The main supplier, Southend Christian Bookshop, ceased operations in May 2025. However, the Trustees decided that the bookshop should remain open as a resource of Pilgrims Hall, albeit on fewer days, and establish direct relationships with new suppliers to source Christian materials for sale. The ministry programme was paused throughout most of the year, apart from the weekly Foundations Explored Bible Studies, because of the need for the Trustees to focus their time and energy on searching for, and appointing, new Trustees. Subsequently, having engaged with and consulted a number of churches in the area, the Trustees intend to restart the ministry in 2025126 with a programme that should complement and supplement teaching provided by local churches. Personnel New Trustees were appointed as reported above. Garry and Katariina Newcome resigned from the staff team having served since 2019. Karen joined as a volunteer at the weekly Rendezvous lea room. Peter Garrett, a former staff team leader, became a volunteer serving in the bookshop. During 2025/26, the Trustees will be seeking additional Trustees, new staff team members to replace Garry and Katariina Newcome and a team leader and new volunteers. Finunce Total income amounted to circa £12 1,943, an increase of £7,747 over the previous year. Total expenditure amounted to circa £122,774, a decrease of £7,284 over the previous year. This resulted in a small deficit of £831 although it was significantly lower a5 compared to 2023124 Iwhich was almost £16,000 but included two significant and unforeseen costs amounting to circa £IO,0001. Further details are reported in the Accounts. The Charity aims to have three months reserves in the value of £20,000, which currently stands at £21,900. Re urbishment and Renovotions th Pilgrims Hall is a Grade 2 listed 18 century building which requires ongoing maintenance and, ideally, rooms upgraded e.g. to include en-suite bathrooms. Following the departure of Garry and Katèriina Nowcome, the Gate House became vacant. There is need to undertake repairs and refurbishment of this property estimated to cost upwards of £30,000. Presently, there are no funds to f inance capital expenditures. The Trustees will be examining in 2025126 how to raise fund5 to carry out the necessary works. Page 6
Policie5 and ractices The Trustees reviewed and updatedlrevised policies and practices as necessary and appropriate to ensure they remained current and in line with legislation and off icial guidance. Public bene The Trustees are mindful of the need to demonstrate public benef it which accrues from the life and work of Pilgrims Hall. Throughout the year many people attended Pilgrims Hall to stay for personal retreats, meetings and conferences, purchase books, cards and other items from the Wellspring bookshop and partake of refreshments at the Rendezvous Tea Room. All these activities provided opportunity for people to meet together in a Christian environment to study the Word of God, pray and fellowship with other Christians, receive pastoral care and grow spiritually. Feedback gathered from those who use the facilities to help judge the benefits demonstrated that Pilgrim5 Hall made an impact spiritually and pastorally on individuals, churches and Christian organisations and, thereby, fulfilled public benefit. reciation The Trustees are indebted to the Resident Team and the volunteers for their work in undertaking 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 Charity especially in view of the changes and challenges reported earlier. The Trustees also extended their grateful thanks for the faithful service of those Trustees who resigned during the year as reported earlier. The Trustees 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. Page 7
Statement of Trustees, Res onsibilities The Tru5tee5 (who are also the Directors of Pilgrims Hall Fellowship Limited for the purposes of company lawl are responsible for preparing the Trustees, report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 'The Financial Reporting standard applicable In the UK and Republic of Ireland" Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair value of the state of affairs of the company and of the profit or loss of the companv during that period. In preparing those financial st3tement5 the Trustees are required to: select SLJitable accounting policies and then apply them consistentlv, make judgements and estimates that are reasonable and prudent, prepare financial statements on a going concern basis unless it is inappropriate to presume that the company will stay in business, state whether applicable accounting standards comprising FRS 102 have been followed subject to material departures disclosed and explained in the financial statement, 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 Companie5 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 corn anies rovision statement In preparing this report the Trustees have taken advantage of special provisions of the Companies Act 2006 relating to sm311 companies. The Trustees are a150 responsible for the content of the Report of the Trustees. The responsibility of the independent examiner in relation to the Trustees, Report is limited to examining the report and ensuring that on the face of the report, there are no inconsi5tences with the figures disclosed in the financial statements. l approve the attached Statement of financial activities and balance sheet for the year ended 31st Julv 2025. and confirm that I have made available all information necessary for it5 preparation. Kevin Gilderson.. Chairman of Board of Trustees Date: Is Trustees.. Ben Alltimes, Pauline Baker, Bernard Elkin, Kevin Gilderson, Andrew Wilkinson Page 8
Pilgrims Hall Fellowship Limited (A Company Limited by Guarantee) Statement of Financial Activities Year ended 31st July 2025 (Incorporating Income and Expenditure Account) Unrestricted Funds Notes 2024125 2023/24 Income Income from Generated Funds Donations and Legacies 30 18,212 23,262 Income from Charitable Activities 3b 102,822 90,076 Income from Investments 3c 333 414 Other Income 3d 576 444 Total Income 121,943 114,196 enditure Expenditure on Charitable Activities 40 122,774 130,058 Total Expenditure 122,774 130,058 Tot31 Incoming/lOutgoingl Resources 18311 115,862) Total Funds Brought Fonvard 6,156,636 6.172,498 Total Funds Carried Forward 6,155,805 6,156,636 Movements on all reserves and all recognised gains and10sses 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. Page 9
Pilgrims Hall Fellowship Limited IA Company Limited by Guarantee) Company Registration Number.. 940052 Balance Sheet as at 31stJuly 2025 Unrestricted Fund5 Notes 31st July 2025 31stJuly2024 Fixed Assets Tangible Assets 6,125,011 6.126.372 Current Asset5 Debtors Cash at bank and in hand 657 31,595 1,415 30,199 Total Current Assets 32,252 31,614 Creditor5 famounls falling due wrthin one year) 1.458 1,350 Net Current Assets 30.794 30,264 Total Net Asset5 6,155,805 6,156,636 Funds of the Charity Gerieral Funds Restricted Funds 6,155.805 6,156,636 Total Funds 6,155,805 6,156,636 The directols are satisfied that for the year ended on the 315t July 2025 the Iharitable tompany was entitled to exemption from the rÉquiremeTrt 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 lor the year in questitsn in accordancè with section 476 of the Act. However, in Hccord4nce with section 145 of the Charilies Act 2011. the accounts have been examined by an Independent Examin@r whose report appears on pa8e 17. The directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. ThÈ accounts havÈ been prÈpared in accordance with the provi5ion5 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 ol Ireland (Charities SORP IFR510211- effertive 1st January 2015. The director5 acknowledge their responsibility for ensuring that the company keep5 proper accounting records which comply with section 386 01 the Act and for preparing financial statement9 which give 3 true and fair view of the state of affèirs of tho tompany as at the Ènd of the financial year and of its profit and loss for the financial year in accordance with the requirements of sections 394 and 395 and which othÈrwise comply with the requirements of the Companies Act 2006 relatine to accounts, so far as applicable to the company. Approved by the Board of Directors on........... 2S Signed on behalf of the Board of Directors Kevin Gildersoft Page 10
Pilgrims Hall Fellowship Limited IA Compony Limited by Guarantee) Notes to the Financial Statements Year ended 31st July 2025 Unrestricted Fur7ds l. Atcounting Policies Charlty Status Tho charity is limited by guarantee, incorporated in England, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation. Summary of significant accountlng policles and key accountlng estlmates 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 compllance The financial statement5 have been prepared in accordance with Accounting and Reporting by Charities.. Statement ol Recommended Practice (applicable to charities preparing their accounts in accordance with the Financial Reportlng Standard applicable in the UK and Republic of Ireland IFRS 10211 (issued in October 20191 Icharities SORP IFRS 10211. the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006 and Charties Act 2011. Basis of preparation Pilgrims Hall Felowship Limited rneet5 the definition of a public benefit entity under FRS 102. Assets and li2bilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy not@s. Incoming Resources Recognition of Incoming Resources These are included in the Statetnent of Financial Activitie5 ISOFAI when,. il the Charity becomes entitled to the income,. ill it is rnore likely than not the Tru5tee5 will receive the resource., Iiil the monetary value can be measured with sullicient reliability. Incoming resources Wlth reloted expenditure Where incoming resources have related expenditure las with serninar or course income) the incoming r@source and re13ted expenditure are reported gross in the SOFA. Grunts Donotions Gr3nt5 and donations are only included in the SOFA when the general incorne recognition criteria are met IS.10 to 5.12 FRS102 SORPI. Tax recluifft5 on Donution5 and Gifts Incorning resources from tax reclaims are included in the SOFA at the same time as the gift to which they relate. Controcttsul Income und Performance Related Grants These are only included in the SOFA once the related goods or services have been delivered. Legocies Legacies are included in the SOFA when receipt is probable, that is, when there has been grant of probate, the executor5 have established that there are sufficient asset5 in the estate and any conditions attached to the legacy are either within the contyrol ol the charity or have been met. Gifts in Kind Gift5 in kind are accounted for at a reasonable estimate of their value to the charlty or the amount actually reali5ed. Gift5 in kind lor sale or distribution are included in the accounts as gifts only when sold or distributed by the Charity. DonutedSewice5 Facilities These are only included sn incoming resources Iwlth an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the Charity. This is included in the accounts wh@n receivod. Page 11
Pilgrims Hall Fellowship Limited IA Company Limited by Guarfinteej Notes to the Financial Statements (continued) Year ended 31st July 2025 Unrestricted Funds l. Accounting Policies (continued) Voltsnteer 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 accounts when received. Investment Gains und L055es Thi5 Include5 any gain or loss Dn the sale ol investments and any gain or loss resulting from revaluing invèstments to market value at the end of the year. Funds Unrestricted General funds represent the funds of the charity that are not subject to any restrictions regarding their use. Designated tunds are also unrestricted. Restricted funds are to be used in accordance with their terms of trust. Expenditure and Liabilities Liubility Recognition Liabilities are recognised as soon as there 15 a legal or constructive obligation committing the Charitv to pay out resources. Governunce Costs Includes costs Of the preparation and examination of statutory accounts, the costs of Trustees. eetings and cost of any legal advice to Trustees on governance Dr constitutional matters. Chon9es in Accounting PolicNes and Previous Accounts There has been no change to the accounting policies Ivariation rules and methods of accounting) since last year, and no thange5 to the previous accounts. Grants with Performonce Condition5 Where the Charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only reco8nised in the SOFA once the recipient of the grant has provided the specified service tsr output. Grants Puyuble without Performonce Conditions These are only recogni5ed in the accounts when a commitment has been made and there are no conditions to be met relating to a grant which remains in control of the Charity. Assets Tangible fixed assets for use by the Charity. These are capitali5ed 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 c05t of tangible fixed assets on 3 straSght line basis over their estimated useful lives. The rate5 applied per annum are a5 follows.. Estate Equipment 20% reducing balance Catering & Office Equipment 20% reducing balance Furniture and Fitting5 IO¥o reducing balance No depreciation is charged to freehold property as the property 15 maintained to such a standard the estimated residual value 15 not less than cost. Page L2
Pilgrims Hall Fellowship Limited (A Company Limited by Gu(Jrantee) Notes to the Financial Statements (continued) Year ended 31st July 2025 Unrestricted Funds l. Accounting Policies (continued) Offsetting There ha5 been no off5ettinE of 355ets and liabilities, or income and expenses, unless reqLJired or permitted by the FRS 102 SORP or FR5102. Basis of Preporjrion 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. Tangible Fixed Assets Office & Catering Equipment Property & Equipment Estate Furniture & Freehold Property Equipment Total Cost at 1st ALJEUSt 2024 Additions Cost at 31st July 2025 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 2024 Charge this period Depreciation at 315t July 2025 11,981 300 12,281 3,569 149 3,718 16.351 912 17,263 31,901 1,361 33,262 Net Book Value 31st July 2025 Net Book Vulue 315tJuly 2024 1,197 1,497 600 8,214 9,126 6,115,000 6,115,()00 6,125,011 6,126,372 749 No annual commitments under non-cancelling operating leases. capital commitments or continÉent liabilities were entered into during the year. {2023/24- None) Page 13
Pilgrims Hall Fellowship Limited (A Compony Limited by Guarontee) Notes to the Financial Statements (continued) Year ended 31st July 2025 Unrestricted Funds 3. Income 2024125 2023/24 al Donations and Legacies Estate 140 16.786 Gifts and Donations Legacies Gift Aid Tax 19,966 1,286 2.896 18.212 23,262 bl Income trom Charltable Activitie5 Conference and Ministry Retreats Seminars and Courses Rendezvou5 (Drop-in Tea Room) Bookshop Commission AccommodationlSpace/Storage Rental 9,179 38,774 341 8,569 32,555 2,105 13,967 6,130 26,750 9,400 10,028 35,100 102,822 90,076 cl Investment Income Interest 333 414 dl Other Income Administration & Sundry 576 444 Page 14
Pilgrims Hall Fellowship Limited (A Company Limited by Guoronteej Notes to the Financial Statements (continued) Year ended 31st July 2025 Unrestricted Funds 4. Expenses 2024125 2023/24 al Expendlture from Charitable Activities Administration Depreciation Estate General HoLJsehold Independent Examiners Fees Ministry / Gifts Repairs and Renewals Rendezvous IDrop-in Tea Room) Bookshop Service / Utilitie5 Weekly Allowance Costs 7,805 1,361 1,762 3,333 858 1,605 5.958 5,189 6,758 49,385 38,760 5,921 1,576 6,733 2.721 750 5.253 11.322 7,174 2,409 44,241 41,958 122.774 13Q,05S 5. Debtors and Prepayments Gift Aid Tax Claim Utilities prepayment 1,415 657 657 1,415 6. Creditors (Amounts falling due wilhin one year) Professional Fees 1.458 1,350 Page 15
Pilgrims Hall Fellowship Limited (A Company Limited by Guarantee) Notes to the Financial Statements (continued) Year ended 31st July 2025 Unrestricted Funds 7. C3sh at Bank and in Hand 2024125 2023/24 Current Account Business Premium Account Building Society Account Cash in Hand 9,298 21,910 6,867 21,668 739 387 925 Total Cash at Bank and in Hand 31,595 30,199 8. Charity Workers Numbers and Costs Total Weekly Living Allowance Costs 38,760 41,958 The Charity engaged an average of 3 people during thè year. <2023/24.. 4 people). Pilgrims Hall is an intentic>nal religious community and as such is exempt by law from the requirements of statutory minimum wage legislation. No charity worker received emoluments of more than £60,000 in the financial period. (2023/24.. None). 9. Trustees, Emoluments No payments were made to Directors or any person connected with them during this financial period.12023/24.. Ntrne). No material transaction took place between the Charity and a Director or any person connected to them, (2023/24.. None). 10. Reconciliation on Movement of Capital and Reselves The Company is Limited by Guarantee and is a Charity registered with the Charity Commission (England and Wales- nLJmber 2572161 and doe5 not have a Share Capital. The Company has no income which is subject to Corporation Tax. 2024125 2023/24 Surplus / (Deficit) for the Financial Year Other Recognised Gains 18311 115,862) 18311 115,8621 Balance Brought Forward 6,156,636 6,172,498 Closing Funds at 31st July 2025 (2024) 6,155,805 6,156.636 Page 16
Pilgrims Hall Fellowship Limited (A Company Limited by Guarantee) Notes to the Financial Statements (continued) Year ended 31st July 2025 Unrestricted Fund5 11. Restricted Funds The Company held no restricted funds during the financial period. 12023124.. Nonel 12. Rlsk Management Pilgrims Hall is exposed to operational risks that, potentially, could adversely impact its viability 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 pose 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 objective5 and public benefit are unimpaired by risks that should be capable of being addressed. The Trustee5 undertook this within the framework of a Risk Management policy which codifies key risks and at each monthly B03rd meeting a55e5sed and addressed particular risks. 13. Reserves Policy The Trustees operate a Reserve policy which sets out the basis 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 depriving day-to-day operation5 of financial resources. This should provide 3 sufficient cushion to meet emergency unplannedl unforeseen expenditures and, if the solvency of the Charity comes under threat, ensure funds are available to meet costs that would necessarily be incurred to sell assets andjor wind it up. 14. Public Benefit The Charity acknowledges 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 guidance on public benefit when deciding what activities the Charitv should undertake. Page 17
INDEPENDt14T EXAMINERS REPORT Ohl THE ACCOUNTS I rèpJrt to £tharity trustaes on my examination of CoUnts of Pilgrims H411 F•llowship Lmlted for the year 8ndod 315t July 2025. ReJpon•ibilitieB and ba•1• of report As the charfty's trustees af th¥ char¢trble cornpany Iwkj are also the directors of the company for the puvptsses of company lav41, you are responsible for the preparation of the accounts in accordance wth the requirem•nts of the Companles Act 2(X)6 Vthe 2006 Act'i. HaTr9 sBtisfied myself thèt the 4cctyJnts of the thaTitabl MpanY )r• not rnquired to be audited for this yoar undèr Part 16 of th9 2006 Act and are ollglbl8 for Sndepondont &xamlnatSon, I r•port In r•spgct of tny examinatlon of your charity's accounts as carried out under seLtion 145 of the Charitie5 ALt 2011 I-the 2011 Act"). In carrying out my examination, I have followed tho Dirpctions given by the Charity Commlsslon {under $8ctyon 14515llb) of the 2011 Att. XDdependent •xaminer's •tat•ment L ve complttsd my •XamInaOn. I conflrm tt)at no material matt•r5 have com• to my attsntson which giVa5 cause to beliéve that: accoLtnting rqcords w•rg not kgpt In accorOanc4 s•thon 386 or the Compan5 Act 2006,. or the accounts do not accort1 %thth sueh e0rd$.. or the accounts do not comply with rplavant accountlro requirements under sectlon 396 of the Companles Act 2006 other than any requirernant that the accounts give a 'true and fairf view which is not a matter c¢nsid£rwl as part of an independent examlnatlon: or the ateounts not beet) pr•pared accordanc• wSth the Charttyos SORP IFRS102). I hav• no concams and hav4 corn4 across no oth4r matters IA tonnéctton wlth the examlnatlon to Vtfhich attentlon shoyld be drawn in this report in order to enable a prop¢r understanding of the accouTrts to bo reached. Signed.. Dat•.. 27.11.2025 zita Darbak blAAT AATQ8 Independent Examiners Lid The Grain Store HSlls Barns Aprarn Styjth Chichéstor, Wgst Sussax P020 7EG 18