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 Tonbi￿a Road
Ma￿810n8
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 CH*ATY
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2023
ThÈ T¥usle8s preswt their art￿￿1 rèrtht tr*elhèr with stal•mants ol th• Chanty for the 1 Aprl 2022
to 31 March 2023.
The financaal slxlaments ￿¥8 been ry8pared in acCor￿c￿ 4¥ith Ihè accwntl￿ ￿1￿•5 sèt out In noie 1 to th6
financial st8tements and corn￿y wrth the Chanvs tnjst deed, the Chanties Aci 2011 and Ac¢JyJnting and
Reporting by Charities.. Slalemenl of Recornmended Pracbce ISORPI appI￿a￿e to char*ttes Fwaring Ihelr
rinanciol staiemenls in accordar￿ in the UK and Reptst4ic of I￿land IFRS1021 eflective from 1 JaThuary 2019.
obj•￿1¥•* and a￿1*￿￿•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 S￿ng 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 'pU￿1C benefit.. running
ch8rily IPB21'.
Slrat•g1•i for 0¢h￿vIng obl•ctlv••
The Trust￿5 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 I￿O￿ationS to il is maintsined at
good standard.
hl•¥•m•nts and ￿rfoM￿nc•
a. Revl¢w of •ctiviti•s
During thg ￿ar Ihè Charity has b8én to conknnL* ￿ maintain th8 p￿￿lty as w811 as ￿s￿Ing 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 p￿ParIn9 the finanoal statements. Further delails regarding the adoptbon ol the going
concern basls can be fthJThY in Ihe aCCo￿tr"￿ 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$ suff￿￿nI lo rrnr ujsls of runn4rvJ and MaIn￿lning 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
R*sults 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 C￿nEr￿lnES ol 8 low wisk inv•sim6ni P￿￿Cli0.
Structur•, govem•nGe •nd m•ntyem￿t
a. Con811tullon
The Howard de Wdden Instilue as it was form8tly k￿wn camo into exisletKe as a charity in 1896. In 1922
scheme was approved by The Boanl ol Charity commi￿OnerS for EThJland and wal￿ for tho rtwlation ol the
charity.
In 1950 the tnjslees aPF41ed lo lh¢ Chartty CommL4S￿￿rS on 12 January 1951 a Charily Comml¥$ion
Sch8me was appfoved dNKliNJ th• tirigift81 ch8ti1y into Iwo soparaie chantses to be known 88 The How8rd de
Walden Club Charily ar￿ the Howard Oe Walden Hoslel Charity. The Charity Commission Scheme was
mended on S D•c8mb8r 21)03. Th8 Charty number B 239)44.
Thare have be8n no thawy8 in th• ¢)big¢bvt5 sincA> the last amual reF￿.
b. Mathod8 of •ppolntmfrnt or 8le¢¢bon of Tvust••s
Th8 management of the CW is the Feswsilx'ltty ol thè Tntstses ¥tho a￿ elecled and c¢wted under the
toms of the Trusl deed.
Th& charrty constitutes a Iru¥t, ￿lmIn$t￿r0d and M￿9d ty a of trustees CO￿lsting of c4w nomin8t8d
tru$w. and up to eight cctroperatNe Irustees.
Thè nomSnated trustee sh￿1 bè 8ppoin18¢1 by the Archbts￿p of Cantertw. co￿perat￿8 Intslaès ar8 pèrsofts
residing or caTrw'ng on businw in or ne8r Maidstone, and are ap￿Inted by ￿sCAu1￿)n of lh• existing tru$te8S ht
specld rneelings.
c. organI￿tIOnal 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 Tru*e•
The charity prowdes new T￿￿tee5 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 C￿SIder 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 t￿￿tee 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 aCcC￿￿nCe wllh
apF4icable Law and United Kirytrjm Accouniing S¢and8T(Is (United Kin9dom Generally AC￿pted Atcounting
PTaclicel.
Th8 law appllcatle lo chafll*8 In E￿and & 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•Sour￿S. induding ¢lS inc¥)me and expendi1v￿, for thBI pe￿d. 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 ap￿￿￿￿e UK Accounts'ng StsThJ8rds IFRS 1021 havè lollrnY*J. 8ubAèCt to any malarial
departures disdose¢J exFlained m the fina￿￿91 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 irregulant*s.
App￿¥*d by order of the members of the board of Trustees aThJ sign&Y ￿ their be￿f 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 ACCAM￿t8 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 respo￿b￿a 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 chari1￿8 accounls carried c*Jl under section 145 of Ihg 2011 Acl and
in ¢arrying Out my examirwbon I have th• apF4tst4• ￿re￿IlOn$ gI￿n by tho Charity commis￿on 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)n￿lIon wilh th•
examinalw giwng rn• to that in wy mtyt¢n* r•sFe¢t'.
accounllng re¢ord3 were not kept in re8¢•a olth• C￿￿rity #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 &￿$1￿?re￿ a6 part ol an i[￿pe￿Ient
examlnation.
I have no c¥)rKem8 8nd have com& 8crtsss M olhèr m8ttèrn in cann•cUon ￿￿th ￿ èxamlnallon lo which
atienlion a￿01d be drawn in thi$ 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 2￿8. 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 I￿les1 extanl permitted by law. I do ar￿p1 OT assume resfA)n5ibdty to anyone other than the
Charity and Ihe Charitys Trust885 a$ a body. lor mywork or lor thi5 rep￿1.
Signed..
Datsd.. 07 August 2023
D CochraM-Dyet B& 8FP FCA
MHA
Maid5ton•
Unit•d K￿￿0M

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
Ttst*l lund8 ¢arrl•d fon¥ard
158.312
158,312
157,976
The Ststement oi financi* xli￿leS 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•
Restr￿ted 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 ￿8￿0¥* 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 w￿8$ and govemed by Ihe Scheme datet1 15 November 2010. The registsred address Is
'ven on the adminLSlratsve de￿11$ page of I￿e financ4al 6latemenlS. The financi81 sl8lemen15 3fe
pr&wnlgd in $tgrtir¥J which is the I￿l¢bOnal currer¢y ol the tharity and roun(JBd to the nearest pound.
Accounting poli¢l••
2.1 Ba•1• of pr•par•tlon of fln•n¢i•l stst•m•nts
The finÈnclal slalemenls have been prepared in ac￿darte *ilh Ihe Charitles SORP IFRS 102) -
A¢c(yJnting and Reporting by Charit￿s.. Statement of Recommended Pfaclice applicatle lo Gharitig$
preparing their accounts In accordance wrth tho Finanual Rep￿IThJ Standard ap￿ScabIt 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 Ch￿ty meets the dèfini1￿ of a putrA￿ b8nefit entity und•r FRS 102.
Assets and liabl1￿5 art Init￿lY recognL8ed at hlstirfka cost ￿ tra￿aCtIOn v¥luè ufi1￿ oth0￿158
slated in lh¢ r¢levoni accouniing pcAictr.
2.2 Golng con¢•rn
The Tnjsl•￿ h•v• con8k1w￿ fidly Ihe charitys fwwK¥al pO￿on.
T￿ Trustees conS￿er 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 Int￿Me 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•.

HOw￿D 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 O￿lga￿On 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￿ ￿la1￿y. Expenditure 1$ d8SSif￿ by a￿l¥lly. The costs
of each acliwty ara mado up ol Ihe 1014 of direct costs and sharèd costs, induding suA)ort costs
invdved In Underta￿n9 each aclivfy. Dire¢t attribUt8￿e ￿ 8 single activity are allocated dirgcuy
lo Ihat actswty. Shareij ujsts which conlnbutè to more than c￿e 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 ir￿￿r￿d ry) direclty undertaking fv 8cts'wti98 whith lurth•r th¥
Charit*s objectNes, as well 45 8ny xssocLqte(I cosls.
AJI expentlilure is indus1￿ of lryec￿erat48 VAT.
2.$ Ib)t•r••t r•celvatsl•
Ini•r8si on lunds held on doposil indudod Wt￿ re¢thvat48 a￿j 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 I*￿tI and d•pr•clatlon
TarKJible fix•d assets coslww £5C(l ￿ rnoffj affj Capitali￿ and rncognised when ftjlure ecor￿1c
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 c￿1 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•$ureff￿n1 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 fl￿WIng bath:
Fmhtld proK*rty
- 10% Stratyhl Lintr
2.7 Investm•nts
FNed assel inveslments are a fomi of finanoal instrument and are in￿AlY 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 impalm￿nI. Investment 9ains
and losses, whether realised or uNealised, are ￿MbIned and presented as 'GainsllLoss8$1 on
invesimenls. In the Slatem￿t offinarKTr8I 3ciMI*.
2.8 O•btors
Trade 8nd other debtors a￿ recognised al Ihe setttemenl am(yJnt after any trade discount Offe￿d.
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 acor￿1￿ 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 pa￿ftents for the 9(￿ or servw rt must wovhle.
Prow3ion$ orè measured al the besi estimale of the amoun￿ r*quirad lo seloe the obl￿allOn. 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 0￿Y 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 •11￿11¥& 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 ￿e￿gnAted for olher
purposes.
Investment Income. garns and losses we allocated lo ts wr￿41¢ fu￿￿.

HOW*RD DE W￿DEN 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 fec*ivatAe 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
Chari￿1￿0 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 C￿18
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
charl1a￿e 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
Ra￿9
In$uT•nc
Lighl, heal and power
Répai￿ ar￿ mainlenance
Telephono, POStag8 8nd stat￿ry
Compuler Costs
Independent EXam1r￿lS 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 exaffli￿r 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￿ C￿ntydUrir0 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 ￿rsOn￿l £700 12022: £6001 ￿Ing the honorarium p8id
to the Treasurer (see bdowl. Al other Irustees give freely Ihair time and ex￿r￿'s8 without any lorm of
emdum8nts or r¢wnbursement of exP￿s•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 reweS￿l 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 taxat￿n 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 y￿r
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 baiw￿n funds
ADalyg1s of net ass•ts belwe•n funds- ¢urr¢nt y•ar
Unrn•trict•d
funds
2023
Totsl
lunds
2023
Tangibl8 t￿8￿ 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. F*lor y￿r
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-