Charity numbw.. 2391M4 HOWARD DE WALDEN HOSTEL CHARITY TRUSTEES. REPORT AND HNANCIAL STATEMENTS FOR THE YEAR ENDEO 31 MARCH 2023
HOWARD DE WALDEN HOSTEL CHARITY CONTENTS R•hrènc• and •dmlnlstr•tfv• d¢lalh of th¢ Ch•rlty. h Truste•8 and advl8•YS Tru$t••g' report Independent •x•mln¢rfs rwrt st•t•m•nt of llnancb •dlvltl•s Balan •h••t Not to th• fln•ncl*l •lat•m•nt• 8-18
HOWARD DE WALDEN HOSTEL CHARITY REFERENCE AND AOMINISTRATIVE DETAILS OF THE CHARITY. ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDEO 31 IAARCH 2023 Tru8tee• Mrs J I Sweetman. Chaim)an MrsMDJSmith Father Ne 8rw. Q)aimwn {resbJned 31 Juty 20221 Mrs E R Deane Mr S M RINJ, Twsur Rev 8 Reed C Smith Charlty r•9l•t•red numbef Piln¢lp81 offlc• 178 Tonbia Road Ma810n8 Kenl IhE16 8ST S•cr•tsry ERDe8 Ihd•pond•nt Examln•r D CochrantrDyet &Sc BFP FCA MblA Viet0ri8 Cw1 17-21 Ashford Rood Maidston• Kent ME14 SOA B•nk•rs Nation* Westminster Bank Pk 3 High Streel hA8idstry Kent ME14 1XU
HOWARD DE WALDEN HOSTEL CHATY TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2023 ThÈ T¥usle8s preswt their art1 rèrtht trelhèr with stal•mants ol th• Chanty for the 1 Aprl 2022 to 31 March 2023. The financaal slxlaments ¥8 been ry8pared in acCorc 4¥ith Ihè accwntl 1•5 sèt out In noie 1 to th6 financial st8tements and corny wrth the Chanvs tnjst deed, the Chanties Aci 2011 and Ac¢JyJnting and Reporting by Charities.. Slalemenl of Recornmended Pracbce ISORPI appIae to charttes Fwaring Ihelr rinanciol staiemenls in accordar in the UK and Reptst4ic of Iland IFRS1021 eflective from 1 JaThuary 2019. obj•1¥• and a1•8 o. polic1 and obl•ctl¥•s The objective of the Howard do Waden Hostel Charity was to ttstat4ish and maintsin a hostel for the residential accommodatlon. recreatlon and Inslnjction of Sng women and glrfs ol Ihe lown of Maid5tone emrAoyTd withln Ihe said lown C Ihe neightowrhooj thereol. Thè obJ'8ekn've was amand•d on 8 Fèbruary 1993 so Ihat hoslel might also b• usad f th& benelrt ol young wom8n ancl girt8 attending a cnurse ol instr)jcts¢ at a recogr#sed PL of educal¢oD or in8tructy.on in Ma4Y81one. Durlng 2003 the otp¢lNe ol the hos charity was exlended to inravje Ung m&n. In salting objective8 and F4anniThJ for actiwbes, the Trustees have given duo consKlgrathM 10 98rtèral 9uidAntr published by the Ch8rity COMMI)n rslating to publ benefii. induthn9 the 9uidot)th 'pU1C benefit.. running ch8rily IPB21'. Slrat•g1•i for 0¢hvIng obl•ctlv•• The Trust5 work lo an actK)n d8knry tlan awoed by tho Trusloes is regularfy and 8monda<l. ¢. Acllvlii•• und•rtak•n tr a¢hl•¥• obJ•th•s The Hostd is subject to orwro mainlenance and a prograrnme ol IOationS to il is maintsined at good standard. hl•¥•m•nts and rfoMnc• a. Revl¢w of •ctiviti•s During thg ar Ihè Charity has b8én to conknnL maintain th8 plty as w811 as sIng that Iha property complies with th• current firt wulalions. Financial •W a. Goin9 eoneom After making appropriate eiiquKitss, the Trustees a reasonaL4è expectation Ihat Charrty has adequate rasourc8S to continLt• in operational axist•nc¢ f¢y the loreseeable fvlure. For this feason. they CDntinu8 to adopt the going concem basis in pParIn9 the finanoal statements. Further delails regarding the adoptbon ol the going concern basls can be fthJThY in Ihe aCCotr" wlirAes.
HOWARD DE WALDEN HOSTEL CHARITY TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDEO 31 MARCH 2023 b. Res•rva5 ptslley Tru51eès Aim 10 hold eN8$ suffnI lo rrnr ujsls of runn4rvJ and MaInlning the hostd for the next 12 months. The balance ol reserves at 31 March 2023 amounted i0 £158.31212022- £157.9761. e. Key figur•s Rsults ol the charity for Ihe yaar a net incre•se in lund$ ofE336 {2022- £5,9631 MatgrlaS In¥•8lm•nts pollcy Our Investment Blxkrock are instrucled to invest lo maximlse Ihe totd relum on 818ckrod( Charitie5 UK Equiiy Funds within th8 CnErlnES ol 8 low wisk inv•sim6ni PCli0. Structur•, govem•nGe •nd m•ntyemt a. Con811tullon The Howard de Wdden Instilue as it was form8tly kwn camo into exisletKe as a charity in 1896. In 1922 scheme was approved by The Boanl ol Charity commiOnerS for EThJland and wal for tho rtwlation ol the charity. In 1950 the tnjslees aPF41ed lo lh¢ Chartty CommL4SrS on 12 January 1951 a Charily Comml¥$ion Sch8me was appfoved dNKliNJ th• tirigift81 ch8ti1y into Iwo soparaie chantses to be known 88 The How8rd de Walden Club Charily ar the Howard Oe Walden Hoslel Charity. The Charity Commission Scheme was mended on S D•c8mb8r 21)03. Th8 Charty number B 239)44. Thare have be8n no thawy8 in th• ¢)big¢bvt5 sincA> the last amual reF. b. Mathod8 of •ppolntmfrnt or 8le¢¢bon of Tvust••s Th8 management of the CW is the Feswsilx'ltty ol thè Tntstses ¥tho a elecled and c¢wted under the toms of the Trusl deed. Th& charrty constitutes a Iru¥t, lmIn$tr0d and M9d ty a of trustees COlsting of c4w nomin8t8d tru$w. and up to eight cctroperatNe Irustees. Thè nomSnated trustee sh1 bè 8ppoin18¢1 by the Archbtsp of Cantertw. coperat8 Intslaès ar8 pèrsofts residing or caTrw'ng on businw in or ne8r Maidstone, and are apInted by sCAu1)n of lh• existing tru$te8S ht specld rneelings. c. organItIOnal structure and dBels10th4naklng pollcl•• The Trustees meel on a rnontNy basis to t1iscuss res(Ive issues arisirrtJ. The Trust th8 main decTr8ion making bLMJy forlh8 Charsty. Tr Hwse Manager Ihg h¢1 th a dayto day basis. (L Policie¥ adopted forth• ihdvGlt•tt and training of True• The charity prowdes new Ttee5 w7th Irainmg and mBntoriwJ the Chair.
HOWARD DE WALDEN H&8TEL CHARITY TRUSTEES. REPORT (COMTINUEDI FOR THE YEAR ENDED 31 MARCH 2023 stnKtur•, gw•rn•nce and manaymort {continu•d) Pay pollcy for k•y m•nag•menl pernonnel The Tru51ees CSIder the Board of Truslees and the Treasurer a5 comprlsing the key mana9emenl per50nnd of tho tharily in ch8r9è of direcliNJ. conimkntvJ, njnning and operatirvJ the ch8rity on 8 day lo day b86iS. Al Trust give their bme tredy and no ttee romunation was pald in Ihg yg8r •xcoPt a 9mall honowiLbm pald to the Treasurer which 1$ 8grW èach by the Board ol Twstees. Plants lor fulur• p•rlod$ The long lerm ¥irn of the Charity 15 to m8intian lull cthiponcy of th& Hc6ts1. When funts all(A¥, tt IB hoped that the top floor bt renovated and br(h1 back into use. Stit•m•nt of Tru•t•M' r••ponslblllll The Trustees ar• responsible for preparing the TNslees' rep and th8 ftnawd sl8l¢ments in aCcCnCe wllh apF4icable Law and United Kirytrjm Accouniing S¢and8T(Is (United Kin9dom Generally ACpted Atcounting PTaclicel. Th8 law appllcatle lo chafll8 In Eand & Wd¢s requires thè TTUSi¢èS to Ptep8ro flnancjal stalements for each financial yts8r vkni¢h glvt 8 trnje 8nd 18sr w•w ol Ihg $wto 018lf8irs of tha Charlty and ol its incoming resources and applicgtion ol r•SourS. induding ¢lS inc¥)me and expendi1v, for thBI ped. In kxeparing these Iln8rKlal $latsments. the TnMiee8 are requlre¢J lo.. selecl su118b 8¢Untin9 ¥nd èpp%y tfwm conwstfrndy. b58 m8iho(Js and nCIpleS ol the chan11 SORP IFRS 1021: rn8k¢ judgemenis and accounling esiimaies thal a reasonable and prudent.. gtate whelher ape UK Accounts'ng StsThJ8rds IFRS 1021 havè lollrnYJ. 8ubAèCt to any malarial departures disdose¢J exFlained m the fina91 slalements.. prepare the financK4 ststements on the n9 tsjncem b urkn rt is inapproprtate to wesume thai th Charity will crthtsnue ui business. Th8 Tnjstees ale responsitrAe lor keeping adequaie acc¢)untin9 reclxds that are 5uffKi8nt to show and &xk4ain the Charitys Ifansactions and disckne rea%)naLqe 8Leuraty at any timè th8 f¢nancial posits.on ol the Charity and enatAe thern to ensure that the fin8noal statoments comply th the Chgrities Act 2011. the Charily IAccourbt5 and Repcvlsl RegulatK)ns 2(M)8 and the Provislons of ihe Trusl deed. They are a150 r¢5pon3ible for saf8guardin9 Ihe assets ol the Chaiily and hence for taking rèa8tsna steps for prèvèrttion 8nd d8t•ction ol fraud and other irregulants. App¥*d by order of the members of the board of Trustees aThJ sign&Y their bef ty. J I Sweetman
HOWARD DE WALDEN HOSTEL CHARITY INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2023 IndeperMl•nt •x•mln¢rfs rw to th• Trust•M ol How•rf De W•ld•n Ho•tel Ch•rity Ilh• Charty'l I report to the charity Tnts18as on my exarnination of th8 ACCAMt8 of thè Chaiity lor the sear ended 31 Maich 2023. Re•pon•lbillli•$ and ba#ls of rèpot1 Ag thè Trustèes ol thé Chartty you arè respoba fof tha praparakn of lh• acuunls In accKJrdance with tho r8quifem8nts ol the Charilies Acl 20111'the 2011 Acri. I r8port in rèspect ol my examination of tha chari18 accounls carried cJl under section 145 of Ihg 2011 Acl and in ¢arrying Out my examirwbon I have th• apF4tst4• reIlOn$ gIn by tho Charity commison und&r sèetion 1451Sllbl ol the 2011 Act. Ind•p•nd•nt •xamln•rf• •tat•m•nt have compltsted my exwninalth. I confirm Ihal mallers have comtr my #ttènl&)n in a)nlIon wilh th• examinalw giwng rn• to that in wy mtyt¢n r•sFe¢t'. accounllng re¢ord3 were not kept in re8¢•a olth• Crity #g requirad by 8•ctitin 130 of the 201 ? Acl,. or the accounts do not gccord ¥th thosè records.. the acwunl$ do Thjl comply the apF41c•t4• rnqulrements eorte8mlng the fom 8n(J tent of accounts sal oul th& Charilios IAcccwJnts aThJ Reports) Regulabons 2CIJ8 oth&r than any requirement that ihe acccyjnts giva a and fw'rf view wlx'ch is Th)t a malter &$1?re a6 part ol an i[peIent examlnation. I have no c¥)rKem8 8nd have com& 8crtsss M olhèr m8ttèrn in cann•cUon th èxamlnallon lo which atienlion a01d be drawn in thi$ rnFtyJrt in ¢id8r to •natlo a undèrstsnding of the accounts io b8 reached. This report is mAde solely to Iha Charitls Trusteas, 8s o bL*ty, in atcor¢Jance wth Part 4 01 th8 Ch8riti&s (Accounts an¢Y Reponsl RegLdations 28. My has been undertaken so that I mvJht slaie ¢0 the ChDftys Trustees those matlers l am required to slale lo Ihgm In an Independent ex8rninerfs feptsrt Ènd for no other purpose. To the Iles1 extanl permitted by law. I do arp1 OT assume resfA)n5ibdty to anyone other than the Charity and Ihe Charitys Trust885 a$ a body. lor mywork or lor thi5 rep1. Signed.. Datsd.. 07 August 2023 D CochraM-Dyet B& 8FP FCA MHA Maid5ton• Unit•d K0M
HOWARD DE WALDEN HOSTEL CHARrrY STATEMENT OF FINANCIAL ACTNfTIES FOR THE YEPR ENDED 31 MARCH 2023 Unrnstrlct•d funds 2023 Tot•1 funds 2023 Tolal funds 2022 Not• In¢om• trorn: Chaiilable actyMlte8 Invtslrnents 62,765 2,113 02,765 2,113 62,727 1,601 Total In¢om• 64,878 64,878 64,328 Exp•ndltur• on: Charitable actiwl 64.1x11 H001 62.311 Toljl •xwndllUV• 64.IXII 64,001 62.311 N•t Incom• b•for• n•t I108•yg•lM on Inv•stm•nts Ng1 Ilossesygains on invostnwnts 877 15411 877 1541) 2.017 3.946 N•t mov•nwil In lund• 336 5,963 R•¢on¢lll•tlon olfund•'. Tota funds brought lorward N•t movem•nt in fund$ 157,976 336 157,978 152,013 Ttstl lund8 ¢arrl•d fon¥ard 158.312 158,312 157,976 The Ststement oi financi xlileS indudes aN gain5 and10sses reco9ni6ed in the Jwr. The noles on pages 8 to 18 fom) F•t of thg8è fmaneid statèmanls.
HOWARD DE WALDEN HOSTEL CHARITY BALANCE SHEET AS AT 31 MARCH 21123 2023 2022 Not• Fixed Bssot• TangiL4e assets Iriveslments 10 17.619 20,526 55,39S 72.473 75.921 Curr•nt a89•ts Debtors Cash at b8nk and in hand 12 1207 90.939 87,176 92.146 87,865 Crtdrtots". amtyjnts f8lling du• within one yèar 13 {6,3071 15,8101 N•t ¢urr•nt us•l• 05,839 82,055 Totd awts1••8 £urr•nt Ilabllll• 158J12 157,976 Total n•t atyuts 158.312 157.976 Ch•rlty fund• Restrted funds Unreslrtcted funds 15 15 158,312 157,976 Total funds 158.312 157.976 Th8 firtandd Swiemeths were approved arKI authcfftsed lor issug by th8 Tnjstees and signed on theirbehall by.. J I Sweetman Oale.. LL It_ l 80¥ Zo Z3 The notes on pages 8 to 18 ft)rm part of these financial stat)ell.
HOWARD DE WALDEN HOSTEL CHARITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 IJIARCH 2023 G•n•ral Inf¢mi•iion H(>ward de Walden Hostd tharty is an unincorwated thanty w'st8red by the Chanty Commission In England 8n¢J w8$ and govemed by Ihe Scheme datet1 15 November 2010. The registsred address Is 'ven on the adminLSlratsve de11$ page of Ie financ4al 6latemenlS. The financi81 sl8lemen15 3fe pr&wnlgd in $tgrtir¥J which is the Il¢bOnal currer¢y ol the tharity and roun(JBd to the nearest pound. Accounting poli¢l•• 2.1 Ba•1• of pr•par•tlon of fln•n¢i•l stst•m•nts The finÈnclal slalemenls have been prepared in acdarte ilh Ihe Charitles SORP IFRS 102) - A¢c(yJnting and Reporting by Charits.. Statement of Recommended Pfaclice applicatle lo Gharitig$ preparing their accounts In accordance wrth tho Finanual RepIThJ Standard apScabIt In the UK an(1 Republic ol Irtland (FRS 1021 leffecbve 1 January 20191, the Fina[481 Rèporting Stsndard applicabkn in th¥ UK Rwt4ic of IrelaThJ IFRS 102) and the Chani¥ Act 2011. Howard De Walden Ho8td Chty meets the dèfini1 of a putrA b8nefit entity und•r FRS 102. Assets and liabl15 art InitlY recognL8ed at hlstirfka cost traaCtIOn v¥luè ufi1 oth0158 slated in lh¢ r¢levoni accouniing pcAictr. 2.2 Golng con¢•rn The Tnjsl• h•v• con8k1w fidly Ihe charitys fwwK¥al pOon. T Trustees conSer thal there no materi* urtertw'nities about ts chariW8 ebthty 10 continu& as a going conc8m for lh8 IofseeAble futu. 2.3 Income l income Is recc¢Jnised once the Charity has entillemani to the Incorne, il is prcthue Ihal Ihè incc¥ne will be receNed and the amounl of IntMe receivaLle can be measured reliably. InrAJme tsx ffj¢ovèraL4e in rdation to investmenl Ir ig rocA>3niséd at th8 time Ihe investm&nt income is rac•ivabl•.
HOwD OE WALDEN HOSTEL CHARITY NOTES TO THE FINANCIAL STATEMEiirs FOR THE YEAR ENDED 31 kWiCH 2023 A¢countlng poli¢l•s leontlmmdl 2.4 Expèndlturn Expenijitufe is recognlsed On there 05 a leg4 or consthjth.ve OlgaOn to transfer economlo benefit lo a Ihird party, il is prots8b Ihat 8 trnnsfew ol •conc4mic benefits wdl b8 requir&d in sèttlement and the amount of th8 0t4igat1 be rneasu la1y. Expenditure 1$ d8SSif by al¥lly. The costs of each acliwty ara mado up ol Ihe 1014 of direct costs and sharèd costs, induding suA)ort costs invdved In Undertan9 each aclivfy. Dire¢t attribUt8e 8 single activity are allocated dirgcuy lo Ihat actswty. Shareij ujsts which conlnbutè to more than ce actsvity anLI support 515 which 8fa not attributsbl8 10 a $ins48 aeliwty ApporlK>ned bètween Ihose activities on 8 basis consisienl wilh the use of resour¢•$. Centra stsll costs are dlocaled iffj the basi5 01 timè sp8nL and depreciation dwTg¢s ¥llcule(l on Ihe p) of the a88eYs u¥e. EKpendilure on charitatle aclivitie8 irrd ry) direclty undertaking fv 8cts'wti98 whith lurth•r th¥ Charits objectNes, as well 45 8ny xssocLqte(I cosls. AJI expentlilure is indus1 of lryecerat48 VAT. 2.$ Ib)t•r••t r•celvatsl• Ini•r8si on lunds held on doposil indudod Wt re¢thvat48 aj th8 amount can be me&surad r•liably by the Charily.. Ihis is n<ymally uwn nobfie4tion ol the interesl paid or p8y8W? by th¢ stfituUon whom the fund¥ am d•SKe(L 2.6 T•nglble fix•d ItI and d•pr•clatlon TarKJible fix•d assets coslww £5C(l rnoffj affj Capitali and rncognised when ftjlure ecor1c beneffts are probable and c¢st ¢y value ol the asset C t meawred Tdiabty. Tangiblo fixed assets art inrtt'ally reLwni8ed al cost. After rerkngnition. tEnd&r the c#)st model, langible fixed assets are measured al c1 less accumLdated deweaauon an(1 any accumu181ed irnpairment losses. An costs incAJrred lo bring a tawtlo fixad assel inio its internled working eoThJilion shoLAd bè induded in Ih? rne•$ureffn1 of cost. Deprw•tion Li eh8rg8d so as to allocate the t•ng1¥ fixe(l awls loss Iheir r8sidual valu8 over their estimated uselul lives, using Ihe slraigh14ine mglhod. 08preciatI ra wovitled on Ilw flWIng bath: Fmhtld proKrty - 10% Stratyhl Lintr 2.7 Investm•nts FNed assel inveslments are a fomi of finanoal instrument and are inAlY recoynised 8t their transaction cosi and subsequenuy measwed at fair value al the BalanL sheet dale, unless Ihe value cannot bE measijred retiably in case it is measured at C05t SBSS impalmnI. Investment 9ains and losses, whether realised or uNealised, are MbIned and presented as 'GainsllLoss8$1 on invesimenls. In the Slatemt offinarKTr8I 3ciMI. 2.8 O•btors Trade 8nd other debtors a recognised al Ihe setttemenl am(yJnt after any trade discount Offed. Ftrepayments are vdue4Y at the wepaKI ofany trade doscounts due.
HOWARD DE WALDEN HOSTEL CHARITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 ovntlng poll¢i•s lcontlnued) 19 Cash at bank ar In haod Cash al bank and irb hand indud¢s cash and short-tem) ghty hquKI invesiments wth a short maturfty ol three fflonth5 or from ol acqui%iiK) or openry of the dtirrii or gmilar accounL 2.10 Llabilitiès and provi•lon• Li8bililies are recognMd Ihér• is 4n 0tdvJai at the 8alan¢e shget dale gs a rnsult of a past event. il is probAtrAè Ihat a Ifansf•r of acor1 benefrt wll b8 requirod ift sétdamènl, and the amount of the seldèm8nt can be eshmaled reli8t4y. L'lItieS are recewise(l at t ¥mwnt Ihat the Chwity anticipat86 it VAI poy t¢ttle the debt Of the amounl rt hos reC•1v as 8¢fvanced paftents for the 9( or servw rt must wovhle. Prow3ion$ orè measured al the besi estimale of the amoun rquirad lo seloe the oblallOn. Where Ihe effect of Ihe time value of money is rnater, the provision ts based on Ihe presenl value of those amounts, discounled al the pre-tax discount rate thai rellecls Ihe Tisks sp8ctfic to the liablity. Th unwinding of distounl is recogiwsed in ts Slaiemenl oi #¢twil*s as a finan cosl. 111 Fln•ntlal In•trum•nts The Charity 0Y has financial •sstts and financ Its?li.es of a klnd that quallfy 8$ ba%c flnandal Inslruments. B•$i¢ financial Instrurnenis are initk¥ly recogn¢e(181 transa¢lion value subsequendy measured at thèir settlement value wilh the exception ol bank loans whth are subsequendy mèasured at amrllseil cosl the •1111¥& intwèsl malhod. 2.12 Fund •¢count5ng General lunds are unieslncted funds whth are 8V8iLqlA• lor use al the dIsc¥)n of the Tntstees in furtherance ol the general objeclives of the Chartty And whlth have nol been egnAted for olher purposes. Investment Income. garns and losses we allocated lo ts wr41¢ fu.
HOWRD DE WDEN HOSTEL CHARITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Incomo from eh•rltabl• aclMtI Unr•strlctad fund¥ 2023 T¢tal luthds 2023 Total lunds 2022 Btsgr¢J residence Laundry El•clrK meler 59.742 2.243 780 59.742 2.243 740 59.745 1,919 1.063 Tot412023 62.765 62.78S 62.727 Total 2022 62.727 62,727 Inv•stm•nt Incomo Unr•#triet Total fvnd$ 2023 Total fund$ 2022 2023 Dividends fecivatAe from ll)vèstmants )d urat trusts Bonk Int•rest rewvable 1.837 276 1,837 276 1,S95 T¢)ts12023 2.113 2.113 1.e01 Total 2022 1.601 1,601
HOWARD DE WALDEN HOSTEL CHARITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 knatys1$ of expendlturn on eharltabh acllvlU 8ummary by fund typ• UnT•gtiict fund• 2023 Total 2023 Totsi 2022 Chari10 8Ctiv.eS Govemance 58.193 5,808 $8,193 5.808 57,135 5,176 Total 2023 64.001 64.1x11 62.311 Totsl 2022 62,311 62,311 In tho prkjr sear, al expendltut¢ was m•d• Irom unreslAded fvjnts. Summary by •xp•ndltur• typ• Staff ¢os¢• D•pr•cl•llon IXh•r C18 2023 2023 2023 Total 2023 Totsl 2022 Charitable 8divilies (kniem8rKe 19.824 2.907 35,462 58,193 57,135 5.176 Totsl 21123 19.824 2.907 41.270 H001 62,311 Tot812022 19.598 2.907 39.8C6 62.311
HOWARD DE WALDEN HOSTEL CHARITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Analys1$ of exp•ndllur• by •dlvltles Support costs 2023 Total funds 21123 Tol81 funds 2022 charl1ae act4vil¢es GMm8n¢e 58.193 58,193 57,135 5,176 Total 2023 64.001 64001 62,311 Toi812022 62.311 62,311 Amaly•l• ol •upport ¢o•t• Charlt•bl• *ctlvbtlè8 Gov•m&ne• 2023 2023 Tot•1 fund• 2023 Totgl funds 2022 Staff cos18 Dèpr•cialic IV lic•n¢o Ra9 In$uT•nc Lighl, heal and power Répai ar mainlenance Telephono, POStag8 8nd statry Compuler Costs Independent EXam1rlS let Trtasurerfs salary Stsndry 19.824 2.>J7 159 19.824 2.•07 159 19.598 2.907 159 4.696 186 14.718 9,658 1.276 175 3,831 14,983 10,514 1.109 155 4,576 600 15 14,718 9,6S8 1.278 175 5.108 71 71JO 92 Totsi 2023 58,193 64,001 62,311 Total 2022 57.135 5.176 62,311
HOWARD DE WALDEN HOSTEL CHARITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENOED 31 MARCH 2023 Independent •xamln¢rf* remun•ratlon 2023 2022 Feès payalAe to tha Charitys iThJepend8M examiner for Ihè indewdent examination ol the Chantys annual acccyjnts Fee8 papi4e to lh8 Charitys irwjependenl exafflir ffi fespect rt. Non audit seN¢es 2,047 2.839 2.S29 8t•ff costs 2023 2022 Waggs and salartes 19.824 19.598 The averag• number ol pernth)$ thryloyed by I CntydUrir0 the ar Tr•As as Idfows,. 2023 2022 No. Employ¢e8 No re¢eNod remuner8tw ¥mountir¥J than £60,000 ih eithoF W. The charily considers its key management personnel compnse thè Trustees and th8 Tre8surer. The total empksymèni benefrts of k¥y managemenl rsOnl £700 12022: £6001 Ing the honorarium p8id to the Treasurer (see bdowl. Al other Irustees give freely Ihair time and exr's8 without any lorm of emdum8nts or r¢wnbursement of exPs•S. Tru$tw' remunerJlloft and •xp•n 2023 2022 rSIARing 700 600 During ¢he ypar ended 31 March 2023. no Truslee expenses have been vurred {21Y22- £NILI.
HOWARD DE WALDEN HOSTEL CHARITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 10. Tanglblè fftxed as*•ls Fr••hold property Cost or Valuatlon At 1 April 2022 109056 At 31 Marth 2023 109.856 Depr•cl•tl•n At 1 Aprfl 2022 Ch¥rytt fc< the 89,330 2.907 At 31 March 2023 92,237 Not book v•lu• At 31 March 2023 17,619 At 31 March 2022 20.526 11. Flyed awt Inv•sim•nts Llstsd Imiextmertts Colt or valuation At 1 April 2022 R¢valuations 55.395 1541} At 31 Marth 2023 54M54 The above investments reweSl the charivs investment in Blathrock Charities UK Equty Fund, hL4ding of 7.736.807 5hares12022- 7,736.807 sh8ras}.
HOWARD OE WALDEN HOSTEL CHARITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR EtrIDED 31 IJIARCH 2023 12, Oebtors 2023 2022 Du• wlthln on• yMr Trade deblcK3 Prepayments and Income 212 329 1.207 13. CMdltor•: knounts hlllng du• wbthln on• year 2023 2022 Trade credllors Olher taxatn and seoJr¢ty Olher credilofs A¢¢ruals and deferred 0 162 124 1.746 4,128 1,805 3.843 0.307 5.810 14 Flnanclal In$trum•n¢ 2023 2022 Flnancial as8et• Financial assels measured al fair Val Incoff* and expenditure 54,854 55,395 Flnancial assets rnea3urod At falr valu• through expendilure comprise fixsd asset inveslments valued al thèir fair value at thè y end.
HOWARD OE WALDEN HOSTEL CH* NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 R¢H 2023 1& statarnènt ol funds Stat•m•nl of funds- eurY•nt yw B¥lan at 31 IAarch 2023 Balanc• at 1 Aprll 2022 Galn•l ILoss••l lrt¢)m• Exp•ndltur• Unr¢strf¢t•d funds General Funds. #ll luTh18 Rwrv•$ 157,976 64.878 (H0011 158.312 157.976 64.878 (64,001) 15411 158,312 3tstem•nt of funds- wlor yr Balance al 31 March 2022 Balanc• 41 1 Awil 2021 Gain81 (Los> Income Expondilur• Unr•¥trld•d funds Genoral Fund8- 811 fvrKI8 Reserves 152,013 64.328 (62,3111 3,946 157,976 152,073 64,328 {62.3111 3,946 157,976
HOWARD DE WALDEN H&STEL CHARITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 IAARCH 2023 16. An4lysl• of n•t ••Mts baiwn funds ADalyg1s of net ass•ts belwe•n funds- ¢urr¢nt y•ar Unrn•trict•d funds 2023 Totsl lunds 2023 Tangibl8 t8 assets Frxed asset invg$tm&nls Cufr•ni assels Creditors du& wthin ywr 17.679 17,619 54,854 92,146 16.307) 92.146 16.3071 Total 158.312 158,312 Analysh ol ttet tss•ts l>•twwi funds. Flor yr Unrpstrict funds 2022 Total furKIs 2022 Tangib fixed assets Flxed asset Investrnenls Current assets Credilcrfs du& wlhln or* 20.526 55,395 87.865 15.8101 20,526 55.395 87.865 15,8101 T¢tsl 1S7,976 157,976 17. R•l•l•d party transadlo Duiring the year the tnJsW •Af S M RINJ. in his rde as Treasurer, receiveo a small honornrium salary of £70012022- £6001-