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 L*mlted 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.
Ha￿Tr9 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 $8ctyon 14515llb) of the 2011 Att.
XDdependent •xaminer's •tat•ment
L ￿ve complttsd my •XamIna￿On. I conflrm tt)at no material matt•r5 have com• to my attsntson which giVa5 ￿ cause to
beliéve that:
accoLtnting rqcords w•rg not kgpt In accorOanc4 s•thon 386 or the Compan5￿ Act 2006,. or
the accounts do not accort1 %thth sueh ￿e0rd$.. 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
Ap￿￿rarn Styjth
Chichéstor, Wgst Sussax
P020 7EG
18