Finance Score: 2

Governance Score: 6

Support Score: 0

Liabilities <10%: +3
Excess reserves: -5
Reasonable growth: +1
Fundraising costs low: +3

Dynamic board: +3
Gender balanced board: +3

No supporters identified

Overall GiG Score: 8

PILGRIM HOMES TRUST

THE CHARITY OWNS CARE HOMES AND HOUSING SCHEMES PROVIDE FOR THE BENEFIT OF PROTESTANT CHRISTIANS.

Analysis by Giving is Great

Positives:

This charity has a robust balance sheet
There has been reasonable growth in spending since inception
Fundraising costs are unusually low relative to funds raised
The Board appears to be well diversified in terms of gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

This charity is not recognised by HMRC for Gift Aid according to its latest published return

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £28,087,000 available, equivalent to 293 months of spending and so may not be able to utilise additional funding

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E	Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs
31/03/23	£797	£1,149	£-352	£7	£30,377	£28,087	293.3
31/03/22	£2,112	£1,224	£888	£2	£30,743	£28,453	279
31/03/21	£880	£797	£83	£29	£30,127	£27,837	419.1
31/03/20	£1,589	£787	£802	£9	£30,048	£27,758	423.2

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Financial Ratios

Fundraising Costs/Relevant Income: 1.4%
Fundraising Costs/Total Spending: 0.6%
Highest pay band: Less than £60,000
Liabilities/Assets: 1%
Liabilities/Income: 21%
Unrestricted Funds/Total Funds: 92%
Reserves/Spending: 293.3 months
Net Current Assets/Spending: 65 months
Quick Ratio: 1.8

Asset Split ?

Established: 5 years

www.pilgrimsfriend.org.uk

info@pilgrimsfriend.org.uk

03003031400

Charity Commission for England and Wales

Tweets

Listed activities

Accommodation/Housing
Disability
The Advancement Of Health Or Saving Of Lives
The Prevention Or Relief Of Poverty

GiG Classification

Other facilities management and maintenance

How it operates

Provides buildings/facilities/open space
Provides services

Where it operates

Throughout England And Wales,

Who it helps

Elderly/Old People
Other Defined Groups
People With Disabilities

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (6)

Current Trustees appointed

Gender Split

Age Range of Trustees: 61-82

ANDREW JOHN SYMONDS (Chair) Appointed: 2019, Occupation: Company Director

HERBERT MARK CURRAN Appointed: 2022, Occupation: Retired Director, Other trusteeships: CANLEY COMMUNITY CHURCH, THE PILGRIMS FRIEND GROUP, LANGLEY HOUSE TRUST,

MICHAEL RAYMOND ABBOTT Appointed: 2019, Occupation: Retired Town Planner

SYLVIA MARIAN CLOVEY Appointed: 2022, Occupation: Retired, Other trusteeships: THE PILGRIMS FRIEND GROUP, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH LEYTON,

DR JUDITH ANN MCLAREN Appointed: 2019, Occupation: General Medical Practioner, Other trusteeship: THE PILGRIMS FRIEND GROUP,

JOHN EDWARDS Appointed: 2019, Occupation: Accountant, Other trusteeship: THE PILGRIMS FRIEND GROUP,

Legal constitution

Charitable company registered in England & Wales on 02/05/2019, number: 1183226
Registered at Companies House on 19/11/2018, number: 11685624

Gift Aid

NOT registered with HMRC for Gift Aid

Other Regulators

Care Quality Commission

Policies in force

Complaints handling
Conflicting interests
Investment
Paying staff
Risk management
Safeguarding vulnerable beneficiaries
Volunteer management

Filing Record

4 returns made; all on time

Main office

Pilgrims Friend Society
175 Tower Bridge Road
LONDON
SE1 2AJ

Objectives

THE RELIEF EITHER INDIVIDUALLY OR COLLECTIVELY OF POVERTY, SICKNESS, DISABLEMENT, AND INFIRMITY OF OLDER PEOPLE OF THE PROTESTANT CHRISTIAN FAITH INCLUDING BY THE PROVISION AND MAINTENANCE OF RESIDENTIAL CARE AND HOUSING.FOR THE PURPOSE OF THIS CLAUSE:1) AN INDIVIDUAL WILL BE CONSIDERED TO BE OF THE PROTESTANT CHRISTIAN FAITH IF THEY ARE IN AGREEMENT WITH THE DOCTRINES SET OUT IN THE SCHEDULE, AND WHO DEMONSTRATE THEIR FAITH TO THE SATISFACTION OF THE TRUSTEES THROUGH DISCUSSION OR DOCUMENTS AS APPROPRIATE.2) OLDER PEOPLE ARE INDIVIDUALS WHO ARE OVER 60 YEARS

Data Sources