Charity Accounts Intelreading the accounts so you don’t have to

THE PILGRIM BAND TRUST

Registered charity 1140954 · accounts filings on the Charity Commission register

The primary activity of the Pilgrim Band Trust is to provide free musical tuition to children and young people in the age range 8 years to 18 years living in Reigate in the County of Surrey and surrounding areas. Tuition is provided on a weekly basis during school term time from our premises in Reigate, Surrey. We currently have 100 children attending regularly. We also fund music in schools.

Causes: Education/training · The Prevention Or Relief Of Poverty · Arts/culture/heritage/science · Grant history (this charity is a funder) · Get email alerts

Latest income
£200k
Latest spending
£161k
Registered
2011
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net loss of £178,880 for the year, primarily driven by investment losses of £218,571, although operational activities generated a surplus of £39,691. Per the trustees' report, free reserves stood at £5.319 million, which is above the stated policy target of £2.5 to £3 million, indicating a strong financial buffer despite the investment volatility.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: between £2.5 and £3 million (held: £5.3m)
“The trustees have determined that free reserves of between £2.5 and £3 million are required to meet these objectives.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Mrs V Wool, daughter of a trustee, received remuneration and pension contributions.
“Mrs V Wool, the daughter of a trustee, received remuneration of £37,000 (2024: £35,640) during the year. She also had employer pension contributions of £1,537 (2024:£1,470) paid on her behalf.” — page 16
“Mr B Wool, the grandson of a trustee, received payment of £15,500 (2024: £19,512) for music tuition services provided to pupils in accordance with arrangements approved by the trustees.” — page 16
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Mr B Wool, grandson of a trustee, received payment for music tuition services.
“Mrs V Wool, the daughter of a trustee, received remuneration of £37,000 (2024: £35,640) during the year. She also had employer pension contributions of £1,537 (2024:£1,470) paid on her behalf.” — page 16
“Mr B Wool, the grandson of a trustee, received payment of £15,500 (2024: £19,512) for music tuition services provided to pupils in accordance with arrangements approved by the trustees.” — page 16
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Miss G Wool, granddaughter of a trustee, received payment for assisting with the band.
“Mrs V Wool, the daughter of a trustee, received remuneration of £37,000 (2024: £35,640) during the year. She also had employer pension contributions of £1,537 (2024:£1,470) paid on her behalf.” — page 16
“Mr B Wool, the grandson of a trustee, received payment of £15,500 (2024: £19,512) for music tuition services provided to pupils in accordance with arrangements approved by the trustees.” — page 16
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Corporate structure

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Property (HM Land Registry)

2 registered titles in England and Wales held by the charity’s company or corporate body (2 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Register events

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Surrey

Income and spending

Financial year endIncomeSpending
31/03/2025£200k£161k
31/03/2024£163k£192k
31/03/2023£158k£169k
31/03/2022£147k£127k
31/03/2021£159k£124k

Common questions

Is THE PILGRIM BAND TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net loss of £178,880 for the year, primarily driven by investment losses of £218,571, although operational activities generated a surplus of £39,691. Per the trustees' report, free reserves stood at £5.319 million, which is above the stated policy target of £2.5 to £3 million, indicating a strong financial buffer despite the investment volatility. Its FY2025 accounts were independently examined.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
The Barnes Fund1£336k
ST GILES-IN-THE-FIELDS AND WILLIAM SHELTON EDUCATIONAL CHARITY1£105k
HAMPTON FUEL ALLOTMENT1£62k
Richmond Foundation1£50k
HUMPHREY RICHARDSON TAYLOR CHARITABLE TRUST1£33k
THE GEOFFREY AND PAULINE MARTIN TRUST1£32k
THE HARDING TRUST1£25k
THE OPENWORK FOUNDATION1£25k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with EARLY MUSIC AS EDUCATION.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE PILGRIM BAND TRUST£200k—0above—no doubt
EARLY MUSIC AS EDUCATION FY2025£137k—0within—no doubt
RICHMOND UPON THAMES MUSIC TRUST COMPANY LIMITED FY2025£1.8mmore than £60,0001unclear—no doubt
BUCKINGHAMSHIRE MUSIC TRUST FY2025£2.9m——below—no doubt
REGENT'S PARK MUSIC FESTIVAL CHARITABLE FUND FY2026£138k—0unclear—noted
PILGRIM HOUSE TRUST FY2025£129k—0unclear39.9%no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.