Do¢u$lgn Envdope ID". 87F67E62-DE5&4487-AA4E-678921A039EC
Char5ty numbgr: 239044
HOWARD DE WALDEN HOSTEL CHARITY
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

Do¢u$lgn Envdope ID". 87F67E62-DE5&4487-AA4E-678921A039EC
HOWARD DE WALDEN HOSTEL CHARITY
CONTENTS
Page
Rtrfor¢n￿ and admlnistratlve detalls of th• Charlty. Its Trn$to0$ and advl$&TS
Trusl••s' r•port
Indepond•nt examln•rfs r•port
Stat•m•nt of fln*nclal •¢llvltkn¥
Balanc• $hMt
Not•$ to th• fln•n¢l41 *t*temgnts
8-19

Do¢u$lgn Envdope ID". 87F67E62-DE5&4487-AA4E-678921A039EC
HOWARD DE WALDEN HOSTEL CHARtTY
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 MARCH 2025
Trustees
Fr J F ￿n$l￿e. Chair lapwnted 24 May 20241
Mrs J I Sweelman
Mrs M D J Smilh
Mrs E R Deane
Mr S M Ring. Ttsasuror
Rev B Reed Ifesigned 29 July 20241
C Smith
Miss V R Sa¢l¢y lakp)inled 24 May 20241
Charlty rnglst•r•d
numbèr
239044
Pflnelpal offl¢•
176 Tonbridge Road
Maidstone
Kenl
ME168ST
S•cr•tary
mrSER￿
Ind•p•nd•nt Examln•r
D CO¢hran¢.D￿t Bsc BFP FCA
MHA
Maidslone
United Kingdom
8ank•rn
Nali¢)n81 Weslminslef Bank PIC
3 High Streel
Maidstone
Kent
ME14 1XU
Page 1

Do¢u$lgn Envdope ID". 87F67E62-DE5&4487-AA4E-678921A039EC
HOWARD DE WALDEN HOSTEL CHARITY
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The Trustee$ prèsent thèir annu41 rgw)rt Irsether wth the finan(ial 5ts1efflents of the Charity for the 1 Aprll 2024
10 31 M8rth 2025.
The financi81 statements have been Pfepared in aC￿rdance vith the accounting poliries 38t out in note 1 to the
financial statements and comply wth the Charitys Injsl deed. the Charities Act 2011 and Ac(x)unting and
Reporting by Charities.. Statement of Recommènded Practs"ce ISORPI appticable to charitses preparing thelr
financial stotements In ￿e0rdanc* in Ihè UK and R8pubFi¢ ol Irèland {FRS1021 ellactive from 1 January 2019.
Obl•￿1ve1 and actlvltl•s
a. Poll¢le$ and oblectivos
The obleetiw ol th8 Howar(I de Walden Host81 Charrty was to èstabll$h and malntain o hostal lor the residanlial
8ecommodalion, reueaiion and instruclM)n of young womèn and girfs of thè town of MaKJslone •m￿oyed wllhlft
the Said ltswn or th¥ n&ighb0urt￿d Ihtrreol.
The objeclve was amended 8 Febfuary 1993 so thal the hostel mighl also be used for the benefit of ytsunu
women and girfs attending a ￿)urSe of instructon at a recognised place of education or instruction in Maidslone.
During 2003 the objeciive o1th8 hostel charity was extended to indude young men.
In setting objectives and planning lor 8¢livities. the Twsletrs ha￿ 9iven du¢ ¢onsidaraliot) 10 general guldanc8
published by the Charity commissi￿ ￿lating lo public benefit, induding the guKlan¢è 'Public benefit.. runnlng
charity IP821'.
b. Strot•gl•$ for a¢hl¢¥lng obJgCtFv•s
Tho Truslaes work to an adon and deuvery plan agreed by the Twustees whlth is regularfy revlewed aThJ
amondad.
c. kllvltles undertaken to achlgve obl•ctlv•s
The Hosw is subject to wing maintonance and a progr•mm¢ of forWat￿n$ lo &nsLtrn It is malntalned al a
good standard.
hleverneni• and performan¢•
. Révl•w of aetlvttl•s
During the year the Charty has been able to C*￿IlnUe to fflaintain the property as wèll 8$ ensuring that the
property complles wth the current fire regulats"orts.
Flnanclal revlew
a. Golng concom
After making appropriate enquiries. the Trustees have 8 rtason8b18 eXPèCtaiion that the Charity has 8d8quatè
resources to contin¢Je in operational existence for Ihe foreseeable futur8. For this reason, they continuè to adopt
the going concem basis in p￿paring the ftnanryal statement5. Further details regardtng thè ado￿.(￿ of the going
cxjncem basis can be found in the a(￿Unting FX)tiryes.
Page 2

Do¢u$lgn Envdope ID". 87F67E62-DE5&4487-AA4E-678921A039EC
HOWARD DE WALDEN HOSTEL CHNRITY
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2025
b. R•s•rv•s pollcy
Tru51ees airn to hold reserves suffioent to covèr costs of r4Jnnrng and maintsinirvJ thg hostd for th& next 12
months. The balanc& of reseNes at 31 March 2025 amounted lo £154.43912024- £155,775).
c. Key figures
Re$ull$ ol Ihe tharity for the year show a net decrease In funds of £1.336 (2024- decrnase of £2,537).
d. Mat•rlal Inv•stm•nts poll¢y
Our investment advisors Blackrock ar• Instw¢t8d to invesl to rnaxim￿ Ihe tolal relum on 818d(wk Charities
UK Equity Funds wthin the contraints of a risk Inve$tm?ni portrc460.
structur•, gov•rnanc• and manag•m•nt
•, Con$titutk*n
The Howard de Wald•n Institu$ 4$ It wa$ formwly known came into existence 8$ a tharity In 1896. In 1922
scheme was apPro￿d by Th* Board of Charity Commi55ioners lor England and Wales for the regulation ol the
eharity.
In 1950 th• trustèes applied lo the Charity Commissioners and on 12 January 1951 a Charrty Commission
Schèmè was approve¢J divKlin9 Ihe original charrty into tr40 separaie charities to be known as Th8 Howard de
Walden Club Charity and the Howard De Walden Hostel Charity. The Charfty Commission Schema was
arnended on 5 December 2003. The Chwty number is 239044.
There have been no changes In the c*cfves slnce th8 last annual r8F¥)rt.
b. Method$ of •ppolntm?nt or ele¢tSon of Tru>tee¥
The management of lh& Charity Is r0$F￿$1)lI1ty of lh¥ TfUSte¥$ wtht￿ ¥ffj ele¢ted and ¢￿Ople￿ under the
tems of thè Trust d88d.
The charity conslilutes a trust, adminslered and managed by a body of trustees consisting of one nominated
trustee, and up to eight COknopera¢ive trustees.
The nominated twstee shall be apwnted by the Archblshop of C8nlerbury. Co-operafjve trust88s arè pÈr50n$
residing or Car￿ng on buslness In or near MaKlstonè. aThY arè appOin￿d by rasolution of thè exlsling trustees at
speual rneeungs.
c. Organlsatlonal structure and d•cl$lon4naklng pollcl•s
The Twslees meet on a monthly basis lo disc#Jss and res￿ve any issues arislng. The Trusiees are tho MÈRI
decisiort making body for the Chartty. The House Managw runs the hostgl on a day to day basis.
d. Policies adopt•d for the Inducllon and tralnlng of Trustees
The charily provides new Trustee5 wth trainÈng and mentoring Irom the Chair.
Pagè 3

Do¢u$lgn Envdope ID". 87F67E62-DE5&4487-AA4E-678921A039EC
HOWARD DE WALDEN HOSTEL CHARITY
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2025
Structure. govemance and manag•mènt leontlrtued)
•. Pay pollcy for kèy manag•rn•nt por¥onn¢l
The Trustees consider the Board ol Twstees and the Treasuref as comwisit)g the key management p&rsonn81
of the charlty In chaige ol direct'ng, eontrolling, running and op8rating the ch8nty on a day to day basis.
All Tm$teè$ glve their lime freely aThJ no tru3tee reMunal￿n was pathj in the except a small honorarium paky
lo Ihg Tre¥$urer which is agreed each yEar by the Board of Trustees.
Plans for futur• ￿rIodS
The long tern aim of the Charity is to maintian fvll occupancy of the Host81. Wh&n funds allow. it Is hopod that
the top floor be renovated and broughl back into use.
Stat•rn•nl of Tru$tM•' r•spon8lbSlltl•s
The Trust$e$ are responslble IC￿ preparing Ihtr Tru518&s' report ar￿ the financial ststem#nl$ In 8¢¢ordanc8 wjth
applicable law and United Kingdom Acwjnting Slandafds Iunited Kingdom Generally Accepted Accounting
Pra¢técel.
Th• applutA* to ¢hariti¢$ irt England & Wal$s requi￿$ th& Tru$to¢$ tts prnpors financial ststoment5 lor
•ach financial yaar whi¢h 9IV& 8 trvg and fair viow of th¢ $tsl• 018ffaits of th¢ Charity and of its In¢oming
rosourcas and appli¢abon ol resour¢es. induding its In￿Me and exptrnditur¢. for that pèriod. In proP8ring these
fln8nci81 slal&menl8, the Tru8lee$ are wvlred lo..
$&1o¢t suitable o¢¢ounting policaes and Ihtrn 8pply thgm ¢onsi$l&ntly,
observe the methods and principles ol iho Chantias SORP IFRS 1021.,
make judgements and accountin9 estimates thal a￿ ￿aSonable and prudent..
late whether applicable UK Accounling Standards IFRS 1021 have been folkjwed, subject lo any materlal
departures di$¢losed and explained in the finanaal statements..
prepare the financial statèments on thè goirvj conc8m basS8 unl8ss11 is knappropriale to pr8sum8 thal I
Charity will continue In business.
The Trustees are responsible lor keeping adequate accounting records that are sufficient to show and explaln
tho Charitrfs transactions 8nd ijisclose rtrasonable accuracy at any b.me the financial position ol the Ch8rtty
and ènablè them to ¢nsure Ihal the financial statèmènts comply th* Charities Act 2011, the Charity
IA¢covnls and Reports) Regulation5 2008 and th& provisions of thg Twst deed. Thèy ara also re5pornsible for
safeguarding the 855ets of the Charity and herKe lor laknng reasonable steps for tho prev•fttitin ond detection of
fraud and other I￿egUlarit￿S.
woved by order of th6 members of the boa￿ of Twstees and signed on their behaff by..
Fr J F Ains15e jchalrj
ZL T-b LnLfj
Page 4

Do¢u$lgn Envdope ID". 87F67E62-DE5&4487-AA4E-678921A039EC
HOWARD OE WALDEN HOSTEL CHARITY
INDEPENDENT EK4MINER'S REPORT
FOR THE YEAR ENDED 31 MARCH 2025
Ind•pendent examlntrfs report to the Trustees ot Howard Oe Walden Hostel Charlty Ilhe
Charlty'l
I report to the tharity Truslees on rny examlnation of th• accounts of th8 Chaiity for th& ysar endèd 31 March
2025.
R•sponslbllrtlès and ba$1$ of report
AS the Trustees of Ihe Charity ￿ are resp￿s[tA* for Ihe Wepwat1￿ of Ihg ac¢ounts in ac¢ordancts wth the
requirements ol the Charities Act 2011 I'lh& 2011 Acl'l.
I report In rospect ol my ex8mlnation of the Charitys accounts ￿rrIed out under section 145 of the 2011 Act and
In carrying out my &xarnination I have fdbwed Ihe aP￿Icable Directions given by the ChaFlty Commission und¢r
$g¢tlon 1451511bl ol the 2011 Act.
Ind?pond•nt *xamln•rfs stat•m•nt
I have completed my 8xaminatw. I wnfinn Ihal nts matters have cryne lo my 8ttenlion In r￿nnect￿On wllh th•
oxamination gNing ma causa to ￿1￿*ve that in any material respect..
ac¢ounb'ng records were nol kepl in respect ol tha Charily as requlred by sedon 130 of Ihe 2011 Act.. or
the accounts do not acc￿￿ ￿th t￿s& rewrds., or
Ihe accounts do not ¢omply with the aPpl￿ble requiremgnts c￿Cem1r￿J the form and content of
aecoLtnts sèt out in tha Charitie5 (Accounls and Report51 Regulations 2008 olher than any requirement
that tho accounts 9iv8 a 'lwe and lairf view wthich is not a maU8r considered as part of an Independont
gxamlnation.
I have no concams and have ¢om¢ acr0$8 no other matters in ¢onr￿t￿)n the exarnSnat¢on to whlch
attenlk)n should b• drawn in this r¢F4>t in ¢yder to ¢n8ble a proper under5tsnding of the accounts lo be reached.
This report is Made solely to the Charilvs Trustees, as a body. in accordance wlh Part 4 01 th& Ch8riti*$
IA¢counls and Reportsl Regulations 2008. My vKJrk has been undertaken so that I might stata to Iha Ch8riVs
Trustee5 those ma¢teTS l am required to slate to ihem in an IndependeTrl examinèvs raport and for no other
purpose. To the fullest extent pemitled by law. I do not accèpt or assume f•spon*ixlity to anyong Othgr than the
Charity and the Charitys Trustees as a body, for my work or for this report.
SLqned.'
Oated:
August 1. 2025
D Cochran•wDy•l Bse BFP FCA
MHA
Maldston8
Unit8d Kingdom
Page 5

Do¢u$lgn Envdope ID". 87F67E62-DE5&4487-AA4E-678921A039EC
HOWARD DE WALDEN HOSTEL CHARrrY
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2025
Unr8str4eted
fvnd5
2025
Rtrstricted
lund•
2025
Total
fvnd¥
2025
Total
funds
2024
Not•
In¢omo from:
Donations and le9aclé$
Charitable activitias
Inve8tmentS
3,000
3,000
73,961
3,1S3
73.%1
3.1S3
64,991
2,983
Total Incom•
77,114
3.IXIO
80.114
67,974
Exp•ndltur• on..
Charitabl8 activities
80.771
3,000
83.n1
72,058
Total •xpgndltur•
80.771
3,000
83,771
72,058
N•t expendllurg b•for• n•t galns o
Investm•nts
Nel gains on inveslrnenls
13,657)
2,321
13.6571
2,321
14.0841
1.547
N•t mov•m•nt In funds
11.3361
11.3361
12.5371
Rgconclllatlon of lund$:
Total funds brought forward
Nel rnovement in funds
155.llS
11,3361
1S5.773
11,3361
158.312
12,5371
Total funds earrl•d forward
154,439
154,439
155.775
Th8 Statement ol flnancial athitl8s ItKludès 8119alns and toss&s rwnisod In th8 Jwr.
Tho nolos on pag•$ 8 to 19 form part of Ihese finarKial Slate￿￿nts.
Pag6 6

Do¢u$lgn Envdope ID". 87F67E62-DE5&4487-AA4E-678921A039EC
HOWARD DE WALDEN HOSTEL CHARITY
BALANCE SHEET
AS AT 31 MARCH 2025
2025
2024
Note
Flxed assets
Tanglble 88381$
Inv¢$tm¢nts
11
11.805
$8.722
14.712
56.401
12
70.527
71,113
Curi•nt ass•ts
O¢btors
Cash at bank and In hand
13
944
90.273
89,734
90.841
gxJ,678
Cury•nt Ilabllltl•s
Credilofs: amcwjnts fallln9 du¥ wilhlll ontr
year
14
{6,929}
18,0161
Net current ass•t•
83.912
84,662
Total a8¥•19 les• current IlabSlltl•8
1S4,439
155,775
Total net assets
1S4,439
155.775
Charlty funds
Restrided fund5
UnrgStrf¢ted funds
16
16
154,439
155,775
Total funds
154,439
155,775
The finanual stat•m¥nts w8rg apFMDved and aullbjdsed fc* by iho TfUStoe$ and signed on Iheir behall by..
FT J F Ainsli•
Dat&.. LL j
The notgs on pages 8 to 19 form part of these financaal slatements.
20U-
Page 7

Do¢u$lgn Envdope ID". 87F67E62-DE5&4487-AA4E-678921A039EC
HOWARD DE WALDEN HOSTEL CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
G•fi•ral Informatlon
Howard de Walden Hostel charity is an UninDJry￿ted charity regISte￿d by Ihe Charity Commission Sn
England and Wales and govemed by the Scheme dated 15 November 2010. The registered address 1$
given on the administrab"v6 details pagts ol these financial $talements. The financial statements are
piesenled in sterfing which is Ihe luncbonal currency of the ¢harity 8nd rounded to th¢ fte8r85t pound.
AG¢ountSng polS¢5•s
2.1 Basls ol pr•p•ratlon of finan¢l#l ¥tatsm•nts
Thè financial $tatsm8nts have been prepared ￿ accordan¢g wilh the Charilitrs SORP IFRS 1021-
Accounting and Roportin9 by Charities.. Stalern8nt of Recomrnended Practice 8pplieable to charities
prèparlng their a¢¢ounts in accordance with the Financial ReporQ'ng Stsndard appllcable In Ihe UK
and Republic of Ireland IFRS 1021 (effective 1 January 20191. the Financial Reporting Standard
applicable in Ihe UK and Republic of Ireland IFRS 1021 and th8 Charities Act 2011.
Howard De Walden Hostèl Charity meèts the dèfinition of a public ￿nefit entity undèr FRS 102.
Assets 8nd liabil¢lies arg initially r•¢ognised 8t hisiorieal eost or transaction value tsnles$ othèrwi$o
staled In the rnlèvant a¢¢ounling poli¢y.
2.2 Golng cone•m
Tru$lo¢s have ¢onsldered fvlly Ihe tharitys finanri81 posibon.
Thtr Truslotss consider that there are no malerial uncertainitie3 about the charW$ ablltty lo continue
as a gI￿n9 concem for the 10rnoeabFe future.
2.3 Incom•
AJI incom6 Is recognised once thè Charity has entiuement to the income, il is probabl8 that th•
Income ￿11 be receiv￿ 8nd thè amount of Incom recèivable can be measured relIab￿.
Grant$ 8re Ir￿￿￿ed in the Statement of financial 8¢tiwb&S on 8 ￿ceIv8b1e ba$ls. The balance of
income received for specific purposes t&Jt not e¥pended during the period is sh¢)wn in the relevanr
ftjnds on the Balance sheet. Where irtcome is received in advance of enliuemenl of receipt, It5
recognition is delerred and induded In creditors as deferred income. Where entiuement OCCUf5
before income Is ￿ceiVed. the Income is accrued.
Income tsx recovera￿& In rdation to invosbnent income is reco9nised at the time the ¥nv&stmont
incom8 Is r8cèivablè.
Page 8

Do¢u$lgn Envdope ID". 87F67E62-DE5&4487-AA4E-678921A039EC
HOWARD DE WALDEN HOSTEL CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
A￿o￿ntIng poll¢ies {contlnuedl
2A Expendlture
Expenditure is recognised once there is a legal or consifuciive obl￿atIon to transfer economic benefft
to a third party. it is probable thal a lrnnsfer of eeonomic benefits will be reqvired in settlement and
the amount ol the obligation can be measured reliably. Expenditure is classified by acti¥Aty. The tosts
ol each activity are made up of the lotal of direct costs and shared costs, induding support costs
involved In undertaking each ath"wty. Direct costs attributabla to 8 5ingl8 actiwty arè all￿al*￿ direcuy
to that activity. Shar8d costs which ¢ontribute to more th8n one activity and support Costs whlch are
not attrlbulablè ki a $in919 activity are apportioned be¢ween those Bctivitses on a bas15 ¢onssslenl with
lhe usè of wour¢es. Central staff cJJsts are aljocaled on the basls of tsme spenL and dgpreuation
¢hargos allo¢al8d on the porbon ol the asset's use.
Expenditure on charitable activi1￿5 is incurred on direclly underlaknng the actNities which further th8
Charitys objeclrves. as well as any assoaated support costs.
l expendtture is indusNe ol lrncov•r8blo VAT.
2.5 Int•r•st r•c•lvabl•
Interest on funds hald on d•poslt Is Induded when ree•fv•bl• 8rKI thè 8mount can bè moa8ured
reliably by thè Charity, thls ss norrnally upon nobfi¢allon ol thè Intérèst pald or payablè by the
Institu¥on w¢h whom ths funds dgkwited.
2.8 T•nglbltr flxed as$et$ and depreclatlon
Tan9ible fixed assets Costing £500 or more are capitalised and recognised when future economlc
benefjls are probable and the cost or value of Ihe assel can be measured ￿lIablY.
Tangible fixed assets are initialty recognised at cost. After recognition, under th8 cost model, tangiblo
fixed assets are measufed at cost less accumulated depre0al￿n and any acojmulaled impairmènt
losses. All costs inCur￿d to bring 8 tangN& fixat1 asset into its intended working condthon $h¢)uld be
induded in th& m•asurem•nt of cost.
Daprèdation b thar9￿ $0 as to alk¢ate tho ￿$t of tsngible fixed a$s¥ts 18$$ tholr re$Klual value
over their estimated useful lives. using the stTaight4ine method.
DeprecAation is provhled on ihe fdlwng basls:
Fieehold property
10% Stralght Llne
2.7 Inv•stm•nts
Fixed asset investmènts 8re a fom) of fin8wal in$trumÈni and S￿ initlally recopni5ed at Ihetr
transaction cost and subsequenuy measured at fair value al the Balance sheet dat8. unless the value
annot be measured reliably in whith case il is measured at cost les5 impairment. Investment gains
and losses, ￿ther realised or unreallsed, are combined and presented as 'GainsllLossesl on
Investments. In the Slatement of fina￿31 actNib"8s.
2.8 Debtors
Trade and other debt0￿ are TecTrJnised at the settlement arnount after any trade discyjunl offered.
Prepayments are valued at the amount prepa￿ net of any trade discounts due.
Page 9

Do¢u$lgn Envdope ID". 87F67E62-DE5&4487-AA4E-678921A039EC
HOWARD DE WALDEN HOSTEL CHARI
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accountlng pollcles (contlnuedl
2.9 Cash at bank and In hand
Cash 81 bank and in hand includes cash and short4emi highly liquid investments with 8 short rngturity
ol three months Of less from Ihe date ol a￿Ul$ll•￿ or opening ol the depos11 or similar 8c¢ounL
2.10 Uabllbtl•s and provlslon•
Llabilities are rewnised wher) Ihere is an obligation at Ihe Balance sheet date as a re5uII ol a past
gV9nl. it is probable that a transler ol economic benefit will be required In seNlem8nl, and the arnounl
of the se¢V8menl can te ests'mated rnliably.
Liabilit￿5 are recognised at the amcwjnl Ihat the Charity antldpales il ¥￿11 pay to settle the debt ¢y the
amount rt has received as advanced paym￿lS fof Ihè goods or s8fyTrcos tt must provJd8.
Prowsions arè mèasured at thè b¢sl •$timal¢ ol thg amounts required 10 Settle the obligation. Where
the affect ol thè ts"m* valu? ol money 15 m8leTral. Ihe provisK)n is b858d on th8 pr95ent value ol those
amounts, discounl¢d at tho p￿-taX di5counl rale that renec¢s the risks specific to the liability. The
unwindln9 of th8 ¢Ji5¢0unl 1$ Tecognised In Statement ol finanual actswts'es as 8 finance cost.
2.11 Fln•nel#l In$trum•nl¥
The Charity only has finanaal assets and financial IlabSllUes of a klnd that quallfy a5 basSc flnanclal
In¥trurnents. Basic financial inslnjments are initially recognlsed at transaction value and subsequently
measured al their settlement valu8 wth lh8 exception of bank loans whlch are $ub59quently
measured al amorlised cost uslng Ihe effective Intefesl malhod.
2.12 Fund accountlng
General funds are unrèstricted funds vthich 8re 8vai18blè for us• 8t Ihè dlscratlon of the Trustees
furtheranc8 ol tha gèneral objecliv8s of th& Charity and whith havè r￿t ￿aN dasi9naled lor olher
purpos•s.
Restn'cted lunds are funds which are to be used in accordan￿ wsth specific restrictions imposed by
donors or which have been raised by the Charity for par￿'Cl)Iar purposes. The c05t5 01 raising and
adminisiering such fvnds are charged against the s￿1￿C lund. The ahn and us& of aach restri¢tgd
fund is set out In thè notes lo tho finanaal statements.
Investment In¢omè. gains and bsses arn atl¢¢ated lo the appmpriat¥ frjnd.
Income from donatlon¥ and legackns
Restrkted
nds
2025
Total
funds
2025
Totsl
funds
2024
Grants
3,000
3.000
Page 10

Do¢u$lgn Envdope ID". 87F67E62-DE5&4487-AA4E-678921A039EC
HOWARD DE WALOEN HOSTEL CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Income from don*￿an$ and legacles {¢onUnuedl
During the year. a restricted grant of £3.OCX) was received from The Cobtree Charity Trust. and was usod
Ii)wards works lo the kilchen.
Pagè11

Do¢u$lgn Envdope ID". 87F67E62-DE5&4487-AA4E-678921A039EC
HOWARD DE WALDEN HOSTEL CHARITY
NOTES TO THE FINANCIAL STATEPAENTS
FOR THE YEAR ENDEO 31 MARCH 2025
Ineomè from ¢h3ritsbl¢ activit5es
Unrestrlded
fund5
202S
Total
fund5
2025
Total
funds
2024
Board residence
Lavndry
Ele¢lra¢ mtrler
70,071
3.155
735
70.071
3,155
735
82,414
1,882
695
Totsl 2025
73,961
73,961
64.991
Tolal 2024
64.991
64.991
Inv•¥lm?nt Incom•
Unrèstrleted
funds
2025
Total
funds
2025
Total
fund3
2024
Dividends receivable from Investments And unlt trusls
Bank inteie31 receivable
1.961
1.192
1,961
1,192
1,888
1,095
Totsl 2025
3.153
3,153
2,983
Totsl 2024
2.983
2,983
Page 12

Do¢u$lgn Envdope ID". 87F67E62-DE5&4487-AA4E-678921A039EC
HOWARD DE WALDEN HOSTEL CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENOED 31 MARCH 2025
Anatysls of exp•ndiluro on charitable actlvltles
Summary by fund type
Unr•StrIct￿ Restrlcted
funds
funds
2025
202S
Total
2025
Total
2024
Charitable actiwties
Govemanr
74,416
6.355
77,416
6,355
66,002
6.056
Total 2025
80,771
3.000
83.771
72.058
Total 2024
72.058
72,058
In ¢he w5or year, all expendI￿re was made from ￿n￿$t￿¢t¢￿ funds.
Summary by •xp•ndltur• typ•
Stsff eost$ D•prg¢latlon Other costs
2025
2025
2025
Total
2025
Total
2024
Ch8rltable actlvffj•s
Governancè
20,529
2.907
53.980
6.3S5
77.416
6.3SS
66,002
6,056
Total 2025
20.529
2.907
60.335
83,771
72,058
Total 2024
19,976
2.9)7
49.175
72,058
Page 13

Do¢u$lgn Envdope ID". 87F67E62-DE5&4487-AA4E-678921A039EC
HOWARD DE WALDEN HOSTEL CHARI
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 202S
Analysis of •xp•ndltur• by attfvl¢ig$
Support
¢osts
2025
Total
fvnd$
2025
Total
funds
2024
Charitable activit￿5
Gov•man
77.416
8,355
77,416
6.355
66,002
6.056
Total 2025
03.771
83.771
72,058
Totsl 2024
72,058
72,OS8
Analys14 of support eo•ts
Charltobl•
actlvlllgs Go¥•rn•n¢•
2025
2025
Tot41
funds
2025
Total
funds
2024
Staff costs
20,529
2,907
169
4.155
5.747
10.101
31,918
1,324
138
20,529
2,907
169
4,155
.747
10.101
31.918
1.324
138
5,555
800
19,976
2,907
159
4,685
5,104
13,368
18.230
1.319
189
5,356
700
65
Depredation
TV licen
Ratès
Insurar
Light, heat and pow
Repairs and maintenance
T•lephontr, postage and stalionery
Computer costs
Independent Examlnerfs feè
Treasu￿rS salary
SurKIry
Bad d￿)ts
5.555
800
58
370
370
Toto12025
77.416
6.355
e3.771
72.058
Total 2024
66,002
6.056
72.058
P89è 14

Do¢u$lgn Envdope ID". 87F67E62-DE5&4487-AA4E-678921A039EC
HOWARD DE WALDEN HOSTEL CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Independent examlner's ￿muneratIOn
2025
2024
Fees payable to the Charitys independent examiner for th& Independent
examination of the Charitys annual acccwjnts
Fe&s paydbte to the Charivs independent examiner in resped of
PTepaTation of the annual slaluiory a¢cL￿nts and rèlate(l seThic¢$
2,343
2,168
3,212
3.188
Staff costs
2025
2024
Wages and salartos
20,529
19,976
The average nLtmber of pwsons emp￿s￿d by the Chadty durkng th• was as fofiows..
2025
No.
2024
No.
Employ8&s
No employge rg¢eSved remunef8Uon ¥nk)unting lo more than £60,000 In $lth¥r year.
The charity ¢onsiders Its key rnanagemont personntrl compn'se th6 Twsttrés and thè Tmasurer. The lolal
empt0￿ent benefits of key rnanagement personnel were £80012024.. £7001 bging th8 honorariurn paid
lo the Treasurer Isee below). All other trustees give freely their lime and experbse wthout any form of
emoluments or reimbursemenl of expenses.
10. Trust••s' r•muneratlon and èxp•rts•s
2025
2024
Mrsmfv'ng
Honcffaiium
800
700
During the year ended 31 March 2025. no Tnjstee exper￿eS have been incurred12024- £NILI.
Page 15

Do¢u$lgn Envdope ID". 87F67E62-DE5&4487-AA4E-678921A039EC
HOWARD DE WALDEN HOSTEL CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
11. Tanglbl• flx•d a$sots
Freehold
property
Cost or valu8tlon
At 1 ADril 2024
109.856
At 31 March 2025
109,856
Dgpreelatlon
Al l Aprll 2024
Charge for the ygar
95,144
2.907
At 31 March 2025
98,051
Net book value
At 31 March 2025
11,80S
Al 31 Mafch 2024
14,712
12. Flx•d •$$•t Inv•stm•nts
Listgd
Invgstm¢nts
Cost or valuatlon
At 1 Apnl 2024
Revaluallons
56,401
2,321
At 31 March 2025
$8,722
rhe above inveslments represent the chariws investrnenl in Blackrock Ch8T¢tte$ UK Equily Fund,
holding of 7,736.807 sha￿s12024- 7.736.807 shares).
Page 16

Do¢u$lgn Envdope ID". 87F67E62-DE5&4487-AA4E-678921A039EC
HOWARD DE WALDEN HOSTEL CHARrrY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
13. Debtors
2025
2024
Due wlthln one year
Trade debtors
prepa￿￿nts And accrued incom
95
568
$68
944
14. Cr•dltors: Amounts talllng du• wlthln one y•ar
2025
2024
Othèr (ygdilors
Acuuals and deferred incomtr
2,429
4,500
1,704
4.312
6,929
6,016
15. Flnonclal Instruments
2025
2024
Flnanclal ass•ts
Financial assets m•asLtr•d 8118Sr valu• thrO￿h Inc¢m& and expondilure
58,722
56,401
Flnancial 8ssels measured al fair value through Sncome arml expènditure eomws• fixed as881
Invg8lm¢nt5 valued a( Iheir lair valvè at Ihe ￿ar end.
Page 17

Do¢u$lgn Envdope ID". 87F67E62-DE5&4487-AA4E-678921A039EC
HOWARD DE WALDEN HOSTEL CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
16. Statement ol funds
Statement of funds- eurrent ygar
Balan¢9 at
31 March
2025
Balanc• at 1
Aprfl 2024
Gains1
ILo$s9$1
Income Expgnditur•
Unr•strSet•d funds
Ro$8IVO$
155,775
77.114
180.7711
2.321
154,439
Restrlct•d funds
RoStr￿ted Funds- all lunds
3.QOO
{3,0001
Total of lund$
1SS,775
80.114
{fy3.771}
2,321
154,439
Stat•m•nt of fund$ . prlor y•ar
B81aneè 81
31 March
2024
Balance at
1 April 2023
Galnsl
(Lossasl
Incom• Exp&ndlture
Unr•strlct8d funds
158,312
67.974
172,0581
1,547
155,775
Pagè 18

Do¢u$lgn Envdope ID". 87F67E62-DE5&4487-AA4E-678921A039EC
HOWARD DE WALDEN HOSTEL CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
17. Analysls ol net assets ￿tw*•n funds
Analysls ol net assets between tund¥- current year
Unrestrfcted
lunds
2025
Total
funds
2025
Tangible fix￿ assots
Fixed asset investments
Current asststs
Crodllors du• wlthln ono Yd•r
11,805
58,722
90,841
16.9291
11,805
58,722
90,841
16,9291
Totsl
154.439
154.439
Anal￿1• of n•t as••ts bgtwo•n funds- prlof y•ar
Unrestrlcted
funds
2024
Total
funds
2024
TaThJlb16 fix•d ass8ts
Flxed asset Investments
Current 8ssgls
credito￿ t1u8 Within one raor
14.712
56,401
90.678
16.0161
14.712
56,401
90,678
16.0161
Total
155.775
155,775
18. Related party transacllons
Dulring tho year the trust88 Mr S M Ring. In hls ml8 as Treasurer. rece+v8d 8 small honorartum of £800
12024 - £7￿).
Page 19