Règi#ered Charity Number. 229345
ort of the Tru5tee5 and
Unaudited Financial Statements for the Year Ended 31 December 2023
for
The Woodd
e Hostel

The Woodel
e Hostel
Content5 of the Financi81 Statements
for the Year Ended 310e£ember 2023
Page
Report of the Trn5tees
1to2
Independent Examiner's Report
Statement of Financial Artivities
Balance Sheet
Notes to the Finantial Statements
6t07
Detailed Statement of Financial Activttie5

The Woodc
e Hostel
CHARITY INFORMATION
REFERENCE AND ADMINISTFiATIVE DETAJiS
Reglstered Charlty Number
229345
Prlndpal Addrèss
20. Ridgeway
Wargrave
Berkshire
RGIO 8AS
Trustees
Revjohn Cook
Mr Grahamjones
Mr Philip Kinch
Mr5 Christine Walker
Mr Adrian Pagdin (from 28 April 20231
Independent Examiner
Richard Arnold
7, Braybrooke Road
Wargrave
Reading
Berkshire
RGIO 8DU

The Woodc
e Hostel
Re ort of the Trustees
for the Year Ended 31 December 2023
The trustees present their report with the financial statements of the chartty for the year ended 31
December 2023. The trustees have adopted the provisions of the Chartties SORP IFRS 1021.
l. Aim and Pur
ose of theTrust
The Woodclyffe H05tel was gtfted to the people of Wargrave and surrounding areas
by Mrs Harriet Smith, in 1905. Its purpose was, and remains, to provide facilities for
recreation 2nd education. The Trustees have the responsibiltty for mainlaining and
administering the building (which is Grade 2 listed) so that ihe facilities are in good
order and utilised by as wide a range of people as P055ible.
The building is currently used to provide the following facilities and activities:
The Public Librdry
The Wargrave & Districi Snooker Club
The Wargrave Theatre I￿￿edr$81 r(x)m and u)sbJme str)rel
The soueties and organisatitsns that carry OLrt these activitie5 each have a lease 38reemen¢
covering their re5pectwe parts of the buildin& with the Trustees. The ￿nts charged by the
Trustee5 Bre Set with reference to the costs of running the buildin& so that over the medium
and long term the Trust neither makes a profit nor incurs loss. Certain srnall r¢)oms in the
Hostel are used to store archwes by loral or8ani5ations such as the War8rave Historysociety
and the church, for which no charge is made.
The Sansom Room is a meeting room, hired to its users on an hourly basis. It is used by local
art and social groups, Church groups and others who use the room on an ad-hoc basis
In addition, there ts a residential flat on the top floor.
2. Activities
The Building
No signrficant maintenance issues arose during the year.
Page I

The Woodd
e H05tel
Re
ort of the Trustees
for the Year Ended 31 December 2023
Health and Safety
The Health & Safety policy, instigated in 2(￿, is kept under constant review and steps are
taken to mitigate any ri5k5 that are identified.
Access for Disabled People
During 2009. in conjunction with Wokingh3m Borough Council. major modifications were made to the
entrance and ground floor to facilitate the use of the library by disabled people.
Trustee Board
Mr Adrian Pagdin joined the tnjstee board on 28th April 2023.
3. The Public Benefit
The Trustees have given due consideration to the Charwty Commission's guidance on public benefrt and
have concluded that the Woodclyffe Hostel is fully compliant. The charity's overall responsibility is that of
providing facilities to organisations and village societies who themselves exist to benefrt the public in
various ways. To the greatest extent possible the facilities are now accessible to disabled people.
Specifically, the public Library is managed by Wokingham Borough Council for the benefrt of all the
inhabitants of Wargrave and surrounding area5, Wlthout ￿striCt10n. The Snooker Club provides snooker
playing facilities to members and non-members alike. The WarBrave Theatre is the local amateur dramatic
society which regularly stages performances that are open to the public. The Wargrave Theatre welcomes
anyone who wishes to partictpate in its actwities. in whatever capacity. Ofte room of the Hostel is used by
a variety of local organisations such as an artist group and other social groijps. Church Broups and others
on an ad-hoc basis. Use of this room is open to everyone without restriction.
None of these activities could be carried out forthe public were it not for the premises provided by The
Woodclyffe Hostel charty.
STRucfuRE, fjOVERNANCE AND MANAGEMENT
The charity is a registered chartty and is not incorported
Risk Management
The trustees have a duty to identify and review risks to which the chartty is exposed and to
ensure appropriate controls are in place to provide reasonable assurdnce agaiist fraud and error.
ON BEHALF OF THE BOARD
Trustee
Date:
Page 2

Inde
endent Examiner's Re
The Woodcl
e Hostel
ort to the Trustees of
I report on the accounts for the year ended 31 December 2023 Set out on pages four to eight.
Respertlve responslbillties of trnstee5 and examiner
The chartty's trustees are responsible for the preparation of the accounts. The charlty's trustees
consider that an audit is not required for this year lunder Section 144121 of the Charities Act 2011
(the 2011 Artl and that an independent examination is required.
It is my responsibility to..
examine the accounts under Section 145 of the 2011 Act
to follow the procedures laid down in the General Directions given by the Charity
commission (under section 14515llbl of the 2011 Act}- and
to state whether particular matters have come to my attention.
Basls of the independent examinerfs report
My examination was carried out in accordance wtth the General Directions given by the Chartty
Commission. An examination includes review of the accounting records kept by the Charity and a
comparison of the accounts presented with those records. It also includes consideration of any
unusual items of disclosures in the accounts, and seeking explanations from you as trustees
concerning any such matters. The procedures undertaken do not provide all the evidence that
would be reqyire(J in an audit, and ton5equently no opinion is given as to whether the accounts
present a 'true and fair view. and the report is limited to those matter5 set out in the statement
below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention..
111 which gives me reasonable cause to believe that. in any material respect, the requirements
to keep accounting records in accordance wfth section 130 of the 2011 Act- and
to prepare accounts with accord wtth the accounting records and to comply with the
accounting requirements of the 2011 Act
have not been met. or
121 to which, in my opinion, attention should be drawn in order to enable a proper understanding of
the accounts to be reached.
Richard Arnold ACA
7, Braybrooke Road
Wargrave
Reading
Berkshire
RGIO 8DU
Date..
P￿e3

Thè Woodd
e Hostel
Statement of Financial Artivities
for the Year Ended 31 December 2023
31.12.23
31.12.22
Notes
INCOMING RESOURCES
Incoming resources from gènerated funds
Investment Income
Other incoming resources
1315
34.608
iioi
35,106
Totsl incoming resources
35.923
36,207
RESOURCES EXPENDED
Other resour￿$ expended
19,325
13,978
NET OUTGOING I INCOMING RESOURCES
16,598
22,229
Other recognised Bainsllosses
Gainsllosses on investment assets
4,912
Net movement in funds
20,062
17,317
RECONCILIATION OF FUNDS
Total funds brought forward
127,917
110,601
147,979
127,918
The notes form part of these financial statements

The Woodc
e Hostel
Balance Sheet
At 31 December 2023
31.12.23
Un￿strICted
funds
31.12.22
Unrestritted
funds
Notes
FIXED ASSETS
Tangible Assets
3.429.519
3,136,286
CURRENT ASSErs
Investments
Cash at bank
40,283
108.561
36,819
91,964
148.844
128,783
CREDITORS
Amounts falling due within one year
-865
-865
NET CURRENT ASSErs
147.979
127.918
NET ASSErs
3,577.498
3.264.204
TRUSTEES AccouNrs
Trustees Capttal Account
3,429.519
3,136,286
Trustees Incowne Account Retained Earnings
147.979
127,918
Total funds
3.577A98
3.264,204
The finanaal statements were approved by the Board of Trustees on .....
signed on its behalf by..
wère
Trustee
The notes forni part of these financial statements
PaJe 5

The Woodcl
e Hostel
Not￿ to the Financial Statements
for the Year Ended 31 December 2023
I ACCOUTrrnNG POLiaES
AcCoun￿n£ conventlon
The financial statements have been prepared under the historical cost convention. and in
accordance with the Chartties SORP IFRS 102}.
the Charities Act 2011, and the requirements of the Statement of Recommended Practice,
Accounting and Reporting by Chartties.
Accounting Basis
The accounts have been prepared on an Income and Expendtture basis.
Tanglble Ftxed Assets
The charity has one tangible asset, the Woodclyffe Hostel. In accordance
with Financial Reporting Statement 30. the tnjstees do not provide a
depreciation charge on the Hostel building on the basi5 that the Hostel is
being maintained and effectively has an indefintte lrfe.
The Woodclyffe Hostel was donated to the Trust in 1905. and the current
valuation in the accounts reflerts a revised estimated Insurance cost. The
Trustees believe that the cost of obtaining a professional market valuation
would far outweigh any benefit, and in itself would be irrelevant.
Taxation
The charty is exempt from tax on its actNities. as all income is applied to its primary purpose.
Fund Accounting
Unrestricted funds can be used in accordance wwth the charitable objectives at the discretion
of the trustees.
Restricted funds ¢an only be used for particular restricted purposes within the objects of the
charÉty. Restrittions arise when specffied by the donor or when funds are raised for particular
restricted purp05e5. The On￿ restricted assets being the Hostel itse￿.
2 INVESTMENTS
Investments consist of 1,782 shares in the Investment Fund of the Central Board of Finance of
Ihe Church of England and are valued at the Current Market Value as at 31 December 2023.
3 TRUSTEES REMUNEPATION AND BENEFrrs
There were no trustees, remuneration or other benefrts for the year ended 31 December 2023,
nor for the year ended 31 December 2022.
Page 6

The Woodcl
e Hostel
Notes to the Financial Statements
for the Year Ended 31 December 2023
4 TANGIBLE FIXED ASSErs
Treated as Restricted Funds
Freehold
Property
COST or Estirn*ed Insurance value
3111212023
3.429.519
3111212022
3,136,286
At ljanuary 2022 and 31 December2022
BOOK VALUE
At 31 December 2023
3,429,519
At 31 December 2022
3,136,286
S CREDITORS: AMOUNTS FAiUNG DUE WITHIN ONE YEAR
31.12.23
31.12.22
Deposit re flat
Atcrued works cost
865
865
865
865
6 MOVEMENT IN FUNDS
Net movement
In funds
At 1.1.23
At 31.12.23
Unrestricted funds
General fund
127,917
20.062
147,979
TOTAL FUNDS
127.917
20,062
147,979
Net movement in funds. irbcluded in the above are as follows-
Incoming Resources
resource5
expended
Movement
in funds
Unrestrlrted funds
General fund
Unrealised Gain on Investments
35.923
3.464
19.325
16,598
3,464
TOTAL FUNDS
39,387
19,325
20,062
P￿Je 7

Detailed Statement of Financial Activities
for the Year Ended 31 December 2023
31.12.23
31.12.22
INCOMING RESOURCES
Investment Income
Dividends
i.ioi
214
1,095
Interest receivable
1,315
I,ioi
Other Incoming resour
WBC Library
Wargrave & District Club
Green Room/Wargrave Theatre
Residential Flat
9.￿0
6,￿0
9,LK)O
Samsom Room
Other income/Service Charges
1.901
3,703
2,399
3,703
35,106
Total incoming resources
35,923
36,207
RESOURCES EXPENDED
Other reSoUr￿S expended
Cleaning
2.208
2,018
135
8.350
1.327
5,029
258
2,268
1,913
Rateslcouncil Tax
Insurance
Inspection/Works
General Building Repairs
Miscellaneous
Total resources èxpended
7,497
2,140
159
19.325
13,978
Net income before gain5 and tos
16,598
22,229
Realised recognised Bains and losses
Unrealised gainslllossesl on investments
3.464
4,912
Net income
20.062
17.317
This page does not form part of the statutoryfinancial staternents
Page 8