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REGISTERED NUMBER: 09863873 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 30 November 2023

for

Pilgrim Hope Limited

Pilgrim Hope Limited (Registered number: 09863873)






Contents of the Financial Statements
for the year ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

Pilgrim Hope Limited

Company Information
for the year ended 30 November 2023







DIRECTOR: R Torr





SECRETARY: R Torr





REGISTERED OFFICE: Suite 102, The Standish Centre Cross Str
Standish
Wigan
United Kingdom
WN6 0HQ





REGISTERED NUMBER: 09863873 (England and Wales)





ACCOUNTANTS: Bennett Brooks & Co Limited
Chartered Accountants
St George's Court
Winnington Avenue
Northwich
Cheshire
CW8 4EE

Pilgrim Hope Limited (Registered number: 09863873)

Balance Sheet
30 November 2023

2023 2022
Notes £ £
FIXED ASSETS
Tangible assets 4 5,382 8,925

CURRENT ASSETS
Debtors 5 27,727 1,048
Cash at bank 234,154 261,227
261,881 262,275
CREDITORS
Amounts falling due within one year 6 (180,102 ) (260,463 )
NET CURRENT ASSETS 81,779 1,812
TOTAL ASSETS LESS CURRENT
LIABILITIES

87,161

10,737

CREDITORS
Amounts falling due after more than one year 7 (23,604 ) -

PROVISIONS FOR LIABILITIES - (64,750 )
NET ASSETS/(LIABILITIES) 63,557 (54,013 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 63,556 (54,014 )
63,557 (54,013 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 October 2024 and were signed by:





R Torr - Director


Pilgrim Hope Limited (Registered number: 09863873)

Notes to the Financial Statements
for the year ended 30 November 2023

1. STATUTORY INFORMATION

Pilgrim Hope Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents amounts chargeable to clients for professional services provided during the year, inclusive of direct expenses incurred on client assignments but excluding value added tax. Turnover is recognised when a right to consideration has been obtained through performance under each contract. Consideration accrues as contract activity progresses by reference to the value of work performed.

Turnover is not recognised where the right to receive payment is contingent on events outside the control of the company. Unbilled revenue is included in debtors within accrued income.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 20% straight line
Computer equipment - 20% straight line

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Share capital
Ordinary shares are classed as equity.

Distributions to equity holders
Dividends are recognised as a liability in the financial statements in the period in which the dividends are approved by the company's shareholders. These amounts are recognised in the statement of changes in equity.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

Cash and cash equivalents
Cash and cash equivalents includes cash in hand, cash held with banks and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Pilgrim Hope Limited (Registered number: 09863873)

Notes to the Financial Statements - continued
for the year ended 30 November 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 December 2022
and 30 November 2023 18,823
DEPRECIATION
At 1 December 2022 9,898
Charge for year 3,543
At 30 November 2023 13,441
NET BOOK VALUE
At 30 November 2023 5,382
At 30 November 2022 8,925

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Other debtors 27,727 1,048

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Bank loans and overdrafts 10,048 31,814
Taxation and social security 41,007 16,626
Other creditors 129,047 212,023
180,102 260,463

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£ £
Bank loans 23,604 -

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is R Torr.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Pilgrim Hope Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Pilgrim Hope Limited for the year ended 30 November 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Pilgrim Hope Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Pilgrim Hope Limited and state those matters that we have agreed to state to the director of Pilgrim Hope Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Pilgrim Hope Limited and its director for our work or for this report.

It is your duty to ensure that Pilgrim Hope Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Pilgrim Hope Limited. You consider that Pilgrim Hope Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Pilgrim Hope Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Bennett Brooks & Co Limited
Chartered Accountants
St George's Court
Winnington Avenue
Northwich
Cheshire
CW8 4EE


30 October 2024