The Woodcl e Hostel CHARrrY INFORMATION Registered Charity Number. 229345 Principal Add￿5$= 20. Ridgeway, War8rave, Berkshire, RGIO 8A5 Trustees: Mr Graham Jones Mr Philip Kinch Mr Adrian Pagdin Mrs Christine Walker (until September 2025) Mr Kevin Southworth (from July 2025) Mr Philip Bastion Ifrom September 20251 Independent Examiner: Mr Richard Arnold Re ort of the Trustees for the Year Ended 31 December 2025 The trustees present their report and financial statements of the charity for the year ended 31 De￿rnber 2025. The trustees have adopted the provisions of the Charities SORP IFRS 102}. l. Aim and Purpose of the Trust The Charity is controlled by its goveming document. a deed of tmst, and wn5titute5 an unincorporated charity. The Woodclyffe Hostel was gifted to the people of W3￿raVe and surrounding areas by Mrs Harriet Smith, in 1905. Its purpose was, and remains. to provide facilities for recreation and education. The Trustees have the responsibility for maintaining and administering the building Iwhich is Grade 2 listed) so that the facilities are in good order and utilised by as wide a range of people as possible. The building 15 currentiy used to provide the following facilities and activÈbes: The Public Library The Wargrave & Distritt Snooker Club The Wargrave Theatre (rehearsal room and costume store) The Sansom Room is a meeting room. used by a local groups such as an Art group, Bridge group. Crdfting group and others on an ad-hoc basis. It is hired to its users on an hourly basis. The societies and ooanisations that carry out these activities each have a lease agreement. covering their respective parts of the building, with the Trustees. The rents chaoed by the Trustees are set with reference to the costs of runnin8 the buildin& so that over the medium and long term the Trust neither makes a profit nor incurs loss. Certain small rooms in the Hostel are used to store archive5 by local organisations such as the Wargrdve History Society and the church. for which no charge is made. In addiknon. there is a residential flaL 2. Trustee Board During the year. Mr Kevin Southworth and Mr Philip Bastion joined the Board and Mrs Chri5hne Walker resigned. The effective dates of these charges are noted on page l of this report. 3. Activities The Building The Hostel is subject to extemal inspection, ￿deCOratiOn and renovation every five years. This has now been completed and we thank Adrian Pagdin. one of the trustees. for his work to ensure this was comprehensive, carried out to a good standard and at much reduced cost compared to previous quinquennia. Some intemal redecoration was also carried out. including that required as a consequence of the roof leak in 2024. It should also be noted that the roof repairs. in 2024, meant that the usual quinquennial roof repair work was not required. The change of telephone lines from analogue to digital required and wlate of the hostel alami monitoring arrangements. The equipment has been updated to function via the intemet. The annual asbestos survey was a8ain completed and. as in previous ¥ears, no remedial action is required. Tenanaes The tenant of the flat left at the end of September 2025. The trustees decided to tdke the opportunity to refurbish the flat. including redecoration. carpet rePla￿rnent and cleaning the curtains. There was no new tenant bythe end oftheyear. There were no other changes of tenancies during the year. Health and Safety The Health & Safety policy. instigated in 2CrfJ9. is kept under constant review and steps have been taken to further miti8ate risks identified. 4. Public Benefft The Trustees have given due consideration to the Charity Commission's guidance on public benefit and have concluded that the Woodclyffe Hostel is fully compliant. The Trust's overall responsibility is that of providing facilities to organisations and village societies who themsefves exist to benefit the public in various ways. To the greatest extent possible, the facilities a￿ now accessible to disabled people. During 2009, in conjunction with Wokingham Borough Council. major modtfications were made to the entrance and ground floor to facilitste the use of the librdry by disabled people. Specifically. the public Library is managed by Vlokingham Borough Council frir the benefit of all the inhabitants of Wargrave and sumunding areas, without restrirtion. The Snooker Club provides snooker playing facilities to members and non-members alike. The Wargrave Theatre Group 15 the local amateur dramatic society which regularly stages performances that are open to the public. The Theatre welcomes anyone who wishes to participate in its acknvtties in whatever capacity. One room of the Hostel is used by a variety of local organisations suth as an artist club. a bridge club, a knitting group and others on an ad-hoc basis. Use of this room is open to everyone without restriction. None of these acbvities could be c2rried out for the public We￿ it not for the premises provided by the Woodclyffe Hostel Trust. The Hostel also has a flat, originally intended for use by a caretsker. and this is let to generdte funds in order to minimise costs and thereby charges to other users of the building. 5. Risk Management The trustees have a duty to identify and review rFsks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. ON BEHALF OFTHE BOARD Trustee ¥HEWOODCLYFFE HosfEL INcofvlEJlND EXPE1401TUAEACCOLINT lJartuJty202Stoll DocthTbor2025 ITAtINCOME Jto 6r&i)y) SLUJ) 6.IWLbJ 17SO 11.97Q SER¥KECHARGE5 27x50 Ipxoco 4Q75 617456 orMEA1r￿OfvlE 1.14491 4.49712 Iirir.l.. 4.bls To￿l01￿￿r￿￿)( 1ti4)41 NETsURPtbwlDEF￿ 1*69266 IPI(ftEAStINifivtsTMEriryAIuE.iINREAits¢i>f￿I TOTAiINCIEA5EiriAfr4lNEDEARriiriGSANDItVJSSTMtNYS JObl4h7 Financial Statements and Re ort of the Inde endent Examiner THE WOODCLYFFE HOSTEL BALANCE SHEET AS AT 31 December 2025 ACTUAL 2024 A￿uAL 2025 FIXEOASSETS Dstt.l Bu5.'dJn8ai Insw￿e Value a.587.3￿.£ 3.450.LW.00 CURRENT ASSErs In¥i'stments hekl lrnst byC8F at Mèiket va Lash at6antander CufrentAccount 41.204.65 39.557 37 1.450 11 42.86165 1345 91 Toral Ca5hai Bank Cambrid%e& Countte5 Bank Unrtod Trust Bap.k CREorr05t5 &ACCRUAIS 44.all.76 52.5th.85 31.435.27 11.45S 12 5.142.4b 55.482.18 .86& ¢iuEd fenovalionchaiges & feL% Total CrethiorsandAccitsals .#65 IXI NET CURRENT ASSETS 168.593.53 164.740 ia NEf ASSETS a.￿S,919.53 3h13.740.13 TRUSTEE ACCOUNf5 TRUSTIES LAPIT￿l ACCOUNT 1.587.156 .J50.CQJ i"= TRUSTFES INf.ON1F ACCOUNT RETAlf4Eg EARNINfjS& UNREAiISED 168.S93 $3 161 14014 roTAL FUNDS 3.755.94￿53 3.613.740.13 Independent Examiners's Report to the Tfustees of THE WOODCLYFFE HOSTEL For the year to 31st December 2025 l. Respective Responsibil￿"e$ The charity's trustees are responslble for the preparation of the accou￿t%. The charity's trustee4 consider that an audit is not required forthis year under ￿tI10n 144121 of he Charities Aci 2011 and that an independent examination is needed. 2 Basis of lrtdepertdeni Exam￿$ Statemeni ThÈ r@viÈw was tondutted based on Chanty 9UKlei¥￿ compamg accountng records with piesented 8CCOunts The procedure5 undertaken do not provide all the evidence that would be required for an audit, and Insequentty no opinion Is given as to whether the accounts present a'true and fair view, and the report is lim(ted to those rnatte15 set tsut in the statement below. 3 Independer.l Exarninerfs StstemeTrt In confiection with rny examinatton. rnatter ha5 corne to rny attention 111 which gives me reasonable cause to believe that, in any material rèsport. the requirements to kÈÈ hdeouate accounting records and to prepare accounts in accord with those record5 accounting stand%)rd% have not been met 121 to which, In my opiinion. atiention should be drawn Tn orderto enable a proper understanding of the accounts to be reached. Richard Arnold 7, 8raybrookÈ knad, W3r8rave. Readin& Berks Date.................