Charlty nurnber: 239044
HOWARD DE WALDEN HOSTEL CHARITY
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026

HOWARD DE WALDEN HOSTEL CHARITY
CONTENTS
Page
Referonce and admlnlstratSve detalls of the CharSty• Its Trusto93 and advls•rs
Trust••$' roport
Ind•p•nd•nt èxamlnèr'$ r•port
Statement of flnanclal actlvltles
Balance sheet
Not•$ to th• finlnclal $tattm•nts
8-19

HOWARD DE WALDEN HOSTEL CHARITY
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY. ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 MARCH 2026
Trustees
Fr J F Ain51ie. Chair
Mrs J I Sweetman
Mrs M D J STHilh
Mrs E R Deane
Mr S M Ring. Treasurer
Mrs C Smith
Miss V R Sg81gy
Charity registered
number
239044
Princlpal office
176 Tonbridge Road
Maidslone
Kent
ME168ST
Secretary
Mrs E R Deane
Independent Examiner
O Cochrane-Dyet BS¢ BFP FCA
MHA
Lyndean House
30-32 Albion Place
Maidstone
United Kingdom
ME14 5DZ
Bankers
National Westminster Bank Pl¢
3 High Street
Maidstone
Kent
ME14 1XU
Page 1

HOWARD DE WALDEN HOSTEL CHARITY
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2026
The Trustees prtrs8nt Ihoir annual report togethèr with the financiol slalements of the Charity for the 1 April 2025
to 31 Mar¢h 2026.
The financial statements have been prepared In accordance wlth the accounting polldes sel out In nola 110 the
financial stat&m8nls and comply with the Charltl8 trust deed, the Charltles Act 2011 and Accounlirig and
Reporting by Charities- Slalement of Recommended Practice ISORPI appllcable lo charities preparing their
financial statements in accordanc¢ in the UK and Republic of Ireland IFRS1021 effgclive from 1 January 2019.
Oblectlves and actlvltSe$
PollcS8s and oblo¢tSv•8
The objective of the How8rd de Walden Hostel Chafity was to e$tsbli8h and maintsin • hostel for the resldenli81
accommo(4alion, recreation and instruction ol young women ond glrls of tho town of Maidslone èmployed wllhSn
the said town or the neighbourhood thereof.
The objective was amended on 8 February 1993 so that the hostel mlghl also be used for the benefit of young
women and girfs attendlng a wurse of Inslwcllon at 8 recognlsed plac8 of 9￿￿￿tIOn or Inslruction In Maid5tone.
Durfng 2003 the objective of the hostel charity was exlèndad lo Include young men.
In setting ob5ectlves 8nd plannlng for actlviles, the Trustees have given du8 conslderation lo general guidance
published by the Ch8rfty Commisslon relating lo public benefit, Includlng tho guldanco 'Public benefit.. running a
charity IP821'.
b. Strat•glo• for achlevlng obl•¢tlvo•
The Trust863 work lo an aGllon and dgllvgry plan agreed by the Tru8tses whlch Is regularty revlewed and
amended.
c. A¢tlvltlè8 undertak•n to achleve obJectlv•*
The Hostel Ss subject to ongolng malnl8nance and a programme of renovallons to ensure 11 Is malntsined al a
good standard.
Achlev•monts and p•rforman¢•
Rovl•w of actlvltle$
Ouring the year the Charfty ha$ beèn ablè lo ¢ontlnue lo malntsln the property as wdl as an8urlng that the
property complles wtth the curront fire regulallons.
Flnanclal r•vl•w
. Golng concern
After maklng appropriate enquiries. Ihe Truste88 have a reasonable expectation that the Charity has adequate
resources to continue in operational existence for the foreseeable fulure. For this r8ason, they continue to adopt
the going concern basis in preparing the financial stalemenls. Further details regarding the adoption of the going
concern basis can be found in the accounting policies.
Page 2

HOWARD DE WALDEN HOSTEL CHARITY
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
b. Reserves poli¢y
Trustees aim to hold reserves sufficient to cover costs of running and maintsining the hostel for the nèxt 12
months. The balance of reserves al 31 March 2026 amounted to £154,03712025 - £154,439}.
c. Key figures
Results of the charity for the year Show a nel decrease in funds of £402 {202S- decrease of £1,336}.
d. Materlal Invèstments policy
Our investment advisors Blackrock are instrucled to invesl to maximise the total return on Blackrock Charities
UK Equity Funds within the coniraints of a low risk investment portfolio.
structure, governance and managemènt
a. Constitution
The Hi)ward de Walden Instilue as it was formerfy known came into existence as a charity in 1896. In 1922 a
scheme was approved by The Board of Charity Commissioners for England and Wales for the regulation of the
charity.
In 1950 the trustees applied to the Charity Commissioners and on 12 January 1951 8 Charity Commission
Scheme was approved dividing the Original charity into separate charities to be known 8$ The Howard de
Walden Club Charity 8nd the Howard De Walden Hostel CharSty. Thè Charity Commisslon Scheme was
amended on S December 2003. The Charity number is 239(hM.
There have b8an no changes in tho oblacttves slnce Ihe last annual rèport.
b. Methods of appolntment or elèction of Tru$to•$
The management of the Charity is the responsibility of the Trustees WI￿ are elected and ¢chopted under the
terms of the Trust deed.
The Charity conslilules a Irusl, adminslefed and managed by a body of trustees consisting of one nominated
trustee, and up to eight Co-operative trustees.
Tho nomlnaled trustee shall be appointed by the Archbishop of Canteibury. Cl￿peratiVe trusteos are persons
residing or Carrwng on business in or near Maldstonè. and are appointed by resolution of the existing Iruslees at
spec4al meetings.
¢. Organlsational structuro and declslon4naklng pollcles
The Trustees meet on a monthly basis to discuss and resolve any issues arising. The Trustees are the main
decision making bL¥Jy for the Charity. The House Manager runs the hostel on a day to day basls.
d. Poli¢les adopted for the induction and tralnlng of Trustees
The Charity provides new Trustees with training and mentoring from th8 Chair.
Page 3

HOWARD DE WALDEN HOSTEL CHARITY
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2026
Structure, governance and management Icontinuedl
è. Pay policy for kèy manag&m•nt personnel
The Trustees considgr the Board of Trustees and the Traasurer as comprising the key management personnel
of the Charity in charge of directing, controlling, running and operating th8 Charity on a day to day basis.
All Trustees give their time freely and no trustee remunalion was paid in the year except a small honorarium pald
lo the Treasurer which is agreed each year by the Board of Trusloes.
Plans for future period5
The long temi aim of the Charity Is to mainlian full occupancy of the Hoskl. When funds allow. it is hoped that
the top floor be ronov8led and brought back into use.
Statement of Trustees. responslbllltles
The Trustees are ￿sponsible for preparing the Trustees. report and the finanual statements in accordance wlth
applicable law and United Kingdom Accounting Standards {Unlled Klngdom Generally Accepted Accounting
Practice}.
The law applicable to ¢h8rilies in England & Wales requires the Trustees to prepare financi81 ststements for
each financial which give a Irue and fair view of the stste of 8ffalrs of the Charity and of Its Incoming resources
and application of resources. including its inctsme and expenditure. for that period. In preparing these financial
ststemenls, the Tnjstees are requirod to..
select suitsble accounting pollcles and then apply them o)nsislenlly.
observe the methods and principles of the Charities SORP IFRS 102)-
make judgements and accounting estimates that are reasonable and prudent:
state whether applicable UK Accounting Standards IFRS 1021 have bgen followed, subject to any material
departures disclosed and explained in the finanaal statements-
prepare the financial statements on the golng concem basis unless il is inapproprfale to presume that the
Charity will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain
the Charitys transactions and disclosg with reasonable accuracy at any lime the financial position of the Charity
and enable them to ensure that the financial statements comply with the Charitiès Act 2011. the Charity
(Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They a￿ also responsible for
safeguarding the assets of the Charity and hence for taking raason8ble steps for the prevgntlon and detection of
fraud and other itTegularities.
Approved by order of the members of the board of TNstees and signed on their behalf by..
Fr J F PJnslie jchalrj
Oale..
Page 4

HOWARD DE WALDEN HOSTEL CHARITY
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 MARCH 2026
Indèpandènt 8xaminerf$ r¢port to tha Trusteè$ of Howard Da Walden Hostel Charlty {'Ih•
Charity'l
I report to tha charity Trustees on my examlnallon of the accounts of thè Charlty for the yeai ended 31 March
2026.
Rgspan$lblllti•$ and basls of report
As the Trustees ol the Charity you are r8st>ons1ble for th6 preparation ol the accounts in accordance wth the
requlremenls of the Charlties Act 2011 I'lhe 2011 Acl'l.
I rèport In respect of my 8xamination of tha Charitls accounts ¢arried out under section 145 of the 2011 Act and
n Car￿ng out my examinallon I have followed the 8pplScabla Dlrecllons given by the Charlly Commission under
section 1451Sllbl of the 2011 Act.
Indapèndant èxamlnevs statamgnt
I have completed my examlnallon. I conflrm that no matt8rs have come lo my attantSon In connection with the
examlnalion glvlng mg cause lo believe that In any malerfal respect,.
accounting records were nol kepl in respect of the Charlty as requlred by section 130 of the 2011 Act,. or
thg accounts do not accord with those records., oi
the accounts do not comply wllh the 8pp15cable raqulr8ments concemlng the fomi and conlenl of
aceounls sel out In the Ch8rlll8s (Accounts and Reports) Regulallons 2008 other than any requirement
that the accounts glv8 8 'lrue and vlew whlGh Is not a matter consld8rèd as part of an Independènt
ex8mlnation.
I have no COn￿rn￿ and have com8 across no other mallers In connection wth the examination to which
ottenllon should be drawn in Ihls report in order lo enable a proper und¢rstan¢Jing of the accounts lo be reached.
Thls r8port Is made solely to the Charivs Tru$tse$, as a body, In accordanGg ¥￿th Part 4 of the Charities
(Accounts and Reports) Regulations 2008. My work ha5 beèn und6rtak8n 80 that I might slate lo thè Charitys
Trustees Ihose matt
l arn requlr¢d lo state to thtsm In an Independ&nl examinerfs report and for no other
purpose. To the fu
t extent Permitt￿ by law. I do not accept Of assume responsibllity lo anyone othgr than lh8
Charity and the
ritls
slees 8$ 8 body. for my work or for thls raport.
Slgned..
D Cochrang4)yet BS¢ BFP FCA
MHA
Maldstone
Uniteij Kingdom
Page 5

HOWARD DE WALDEN HOSTEL CHARITY
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2026
Unrestrlcled
fund$
2026
Reslrleled
funds
2026
Total
funds
2028
Toi81
funds
2025
Not•
Income from:
Donations and legacies
Charitable activitia$
Investments
5.000
5.000
83.323
2.87S
3.000
73,961
3,153
83,323
2,875
Total 5neomo
86,198
5,000
91.198
80,114
Expendltur• on..
Charitable actlvltlgs
92.279
5.000
97,279
83.771
Total oxp•ndlture
92.279
5,000
97,279
83,771
Not oxpondltur• b•for• n•t 9gln8 on
Investments
16,0811
5,679
16.0811
5.679
13,657)
2.321
Nel galns on investments
Net movement In funds
{4021
14021
{1.3361
R•conclllatlon of funds:
Total funds brought forward
Nel movomont in fvnd8
154,439
4021
154,439
{4021
155,775
11,3361
Total funds corrl•d forward
154,037
154.037
154.439
The Ststsmenl of financial aclivllles Includes all galns and loss8s T￿ognIs•d In the yaar.
Thg notes on poggs 8 to 19 fom part of those ffinanclal $lalemgnl$.
Page 6

HOWARD DE WALDEN HOSTEL CHARITY
BALANCE SHEET
AS AT 31 MARCH 2026
2026
2025
Note
Flxed assets
Tangible assets
Investments
11
12
8.898
64,401
11,805
58,722
73,299
70,527
Current assets
Debtors
Cash at bank and in hand
13
618
88.696
568
90,273
89.314
90,841
Current liabilities
Creditors- amounts falling due within one
year
14
18,576}
(6,929)
Net current assets
80.738
83,912
Total assets less current liabilltie
154,037
154.439
Total net assets
154.037
154.439
Charity funds
Restricted funds
Unrestricted funds
16
16
154.037
154.439
Total funds
154.037
154.439
The financial ststements were approved a
d authorised for issue by the Trustees and signed on their behalf by.
Fr J F Ainslie
Date..
/(. Tu(1 202é
The notes on pages 8 to 19 fomi part of these financial statements.
Page 7

HOWARD DE WALDEN HOSTEL CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
General information
Howard de Walden Hostel charity is an unincorporated charity registered by the Charity Commission in
England and Wales and governed by Ihe Scheme dated 15 November 2010. The ￿giSte￿d address is
given on the adminislralive details page of these financi81 statements. The financial ststements are
presented in sleding which is the functional currency of the charity and rounded to the nearest pound.
Accounting polic1•$
2.1 Basis of preparation of fin•n¢ial $tatèments
The financial siatements hava baen prepared in accordance with the Charities SORP IFRS 1021-
Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities
preparing their accounls in accordarsce with the Financial Reporting Standard appli(*ble in tha UK
and Republic of Ireland IFRS 1021 leffecliv8 1 January 20191, thg Financial Reporting Stsndard
applicable in thè UK and Republic of Iroland IFRS 102) and the Charities Act 2011.
Howard De Walden Hostel Charfty meets the definition of a public benefit entity under FRS 102.
Assets and liabilities are initially recognised al historical cost or transaction value unless otherwise
slated in the relevant accounting policy.
2.2 Going ¢on¢om
The Trustees have consSd8red fully the Charivs finandal position.
The Trustee5 conslder that therè are no material uncertalnities about the Charltys ability to continue
as a going concern for the forseeabl8 future.
2.3 Income
All income is recognlsed once the Charfty has entillemenl to the income. il Is probable that the
Income will be received and the amount of income receivable can be measure(I reliably.
Grants are irKluded In the S¢atemenl of financlal actlvltles on a receivable basis. The balance of
income received for specific purposes bul not expended during the period is shown in the relevant
fijnds on the Balance sheèt. Where income is received in advance of enlidernent of receipt, its
recognrtion is defeired and Includtsd in creditors as deferred income. Whgre enlillemerit occurs
before Incomg Is receivèd. thé Incomg Is accrued.
Income tsx recoverable in relation lo inveslmenl Income is recognised at the lime the Investment
income is receivable.
Page 8

HOWARD DE WALDEN HOSTEL CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
Accountlng pollcle5 (Gontlnuedl
2.4 Expendlture
Expenditure is recognised once there is a legal or conslruclive obligation lo transfer economic benefit
to a third party, il is probable that a transfer of economic benefits will be required in sèttlernenl and
the amount of the obligation ean bè measured reliably. Expenditure is classified by activity. The costs
of each activity are made up of the lolal of direct costs 8nd shared costs, including 5LlPPOrt costs
involved in unclertaking each activity. Direct costs attribulabl8 lo a single activity are allocated directly
to that activity. Shared costs which contribut6 to mora than one a¢tiwty and support costs which arè
not attributable to a single activity arè apportioned between those activities on a basls consistent wlh
the use of resour￿$. Central staff Costs are allocated on the basis of time spent, and depr8cialion
charges allocated on the ports'on ol the asset's use.
Expenditure on charitable activities is incurred on diredy undertaking the activities which further the
Charivs obje¢live5, as well as any associaled support costs.
l expenditure Is Inclusive of Srrecoverable VAT.
2.$ Intorest racoivablè
Interest on fvnds held on deposit is indudèd when receivable and the 8mount can be measU￿d
reliably by the Charity,. this Is nom)ally upon nolificalion of the interest paid or payable by the
Institution with whom the funds are deposited.
2.6 Tanglble fixed assets and depreclatlon
Tangible fixed assets costing £500 or more are capilalised and recognised whgn futurg economi¢
benefits are probable and the cost or value ol the asset can be measured reliably.
Tangible fixed 8SSèts are initially rocognised al cost. After re¢ognilion. under th8 (x)s1 rnodel, tangible
fixed assets are measured at cost less accumtjlaled depreciation and any accumulated impaiTmenl
losses. Al costs in¢urred lo bring a tangible fixed asset Into its intended working condition should be
induded in the mgasuroment of cost.
DeprerAalion is charged so as lo allocate the cost of tsngible fixed assets less thelr residual value
ov8r their estimate(l us8ful livès, using the 8tlal9ht-lin8 m6thod.
Depreciation is provided on the followng basis..
Freehold property
10% Straight Line
2.7 Investment$
Fixed asset Investments are a fomi of financial inslrument and are inllially recognised al their
transaction cost and subsequently measured at fa1r value at the Balance sheet date, unless the value
¢8nnot bè measurad rèliably in whi¢h case il is measured at cost less impaim)8nl. Investment gain$
and losses, whether realised or unrealised. are combined and pr&sented as 'GainsllLossesl on
Investments, in the Statement of financial activities.
2.8 Debtors
Trade and other debtors are recognised al the settlement amount after any trade dis¢ount offered.
Prepayments ale valued al the amount prepaid net of any trad8 discounts due.
Page 9

HOWARD DE WALDEN HOSTEL CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
Accounting policles {contlnuèdl
2.9 CaBh at bank and in hand
Cash al bank and in hand includes cash 8nd short-lemi highly liquid investments with a short rnalurily
of three months or less from the date ol acquisition or opening ol the deposit or similar account.
2.10 Llabllltlès and provlslon$
Liabililitss are re¢ognised when there Is an obllgallon al the Balance sheet d8t8 as 8 fesull of a past
event. 51 Is probable that a Iransler ol economlc benefit wlll be required in settlamenl, and th& amount
of the $8tt18menl can be esllmaled rellably.
Liabilities are recognised al the amount that the Charity enlicipales it will pay lo settle the debt or the
amount il has received as advanc8d payments for th8 goods or services it must provldg.
Provision5 are measured al the best eslirnale ol th8 amounts requlred lo settl8 th8 obligation. Where
the effect of the lirne value ol money Is maler581, the provision is based on Ihe present value of those
amounts, discounleé 81 the pre-tax dlscount rate that reflects the risks specific lo the liability. The
unwinding ol tho discount Is rg¢ognlsad In the Statement of financial advlties as a flnance cost.
2.11 Fln•n¢l)I In•trum•nt•
The Chadty only has financial assets and financlal liabilitie8 of a klnd that qualify as baslc financSal
Instruments. Baslc financlal Instruments are inlllally r8¢ognlsed al Iransactlon value and subsequently
measured al Ihelr settlement value wllh thg 8xc&pllon of bank loans whlch are subsequently
mèa8ur8d al amortisgd ¢osl using the effaclive Intfjresl method.
2.12 P•nslon•
The Ch8rfty operates 8 d&fined contribution penslon Schemè arbd the pèn3ton charge represen15 tho
8mounls payable by the Charity lo the fvnd In respecl ol the year.
2.13 Fund •c¢ountlng
General funds arg unr8sldcled fvnds whl¢h are avallable for use at the dis¢rellon of the Trustees In
furtheranco of tho goneral obl8clives of th8 Charity 8nd which have not been deslgnated for other
purposes.
Rasiricted funds are funds whlch ara to be used In accord8n¢e wllh specific re$lrictions imposod by
donors or which have bogn raised by the Charity for particular purposes. The costs of raising and
administering such funds are charged against the Specif￿ fund. The aim and use of each festriGled
fund 15 sel out Sn the notes lo Ihe financial slalemenls.
Investrnenl Income, galns and losses are allocated to Ihe approprlale fund.
Page 10

HOWARD DE WALDEN HOSTEL CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
Income from donatlons and legaclès
Restrlcted
fund$
2026
Total
funds
2026
Totsl
lunds
2025
Gran15
5,000
5.000
3,000
Total 2025
3.000
3.000
Durlng the year, a raslricled grant of £5,000 was receivèd from Tho Cobtr8e Chorlty TnJ8t, and was usad
towards rtrdacoralion works lo th8 maln lobby. hallway. landing to first floor, staltwo11 lo basement kltch8n
and lop lev8112025.. £3,000 from Thb Cobtreè Chlrtty Tru81, used towards work8 to the ki1thon.}.
Page 11

HOWARD DE WALDEN HOSTEL CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
In¢omè from charltablo actlvltles
Unrtstrlcted
funds
2026
Total
fund$
2026
Totsl
funds
2025
Board residence
Laundry
Eleclrlc meter
80.319
2.454
550
80.319
2,454
550
70,071
3,155
735
Total 2026
83,323
83.323
73,961
Total 2025
73.961
73,961
Inv•8tment Income
Unr•$¢rf¢tod
funds
2026
Total
funds
2026
Total
funds
2025
Dividends recelvable from Inveslmgnts and unll trusts
Bank Interest rgcolvoblè
1,992
883
1.992
883
1,961
1.192
Totttl 2026
2.875
2,875
3.153
Tot812025
3,153
3,153
Page 12

HOWARD DE WALDEN HOSTEL CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
Analysls of expendltur• on charltable a¢tlvltles
Summary by fund type
Unrastrlcted RoStrSctgd
funds
funds
2026
2026
Totsl
2026
Total
2025
Chariiable actlvlties
Governance
83,690
8,589
5,000
88,690
8,589
77,416
6,35S
Total 2026
92,279
s,000
97.279
83,771
T¢tal 202S
80,771
3.000
83,771
Summary by •xp•ndltur• typ•
Sthff ¢osts D•pr•clatlon Oth•r costs
2026
2026
2026
Total
2026
Total
2025
Charitabl8 aC￿VIlla8
Govemance
22.332
38
2,907
63,451
8,551
88,690
8.589
77.416
6,355
Total 2026
22,370
2,907
72,002
97,279
83.771
Totsl 2025
20.S29
2,907
60.335
83,771
Page 13

HOWARD DE WALDEN HOSTEL CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
Analysis of expèndlture by actlvltles
Support
costs
2026
Total
funds
2026
Total
funds
2025
Charitable activities
Govemance
88,690
8,589
88,690
8,589
77,416
6,355
Total 2026
97.279
97.279
83.771
Total 2025
83,771
83.771
Analysis of support ¢osts
Charitsblo
activitiès Govèrnance
2026
2026
Total
funds
2026
Total
funds
2025
Staff costs
DeP￿Cl8t10n
TV licence
Rates
Insurance
ht, heat and power
Repairs and maintenance
Telephone, postage and stationery
Computer costs
Independent Examinews fee
Treasurerfs salary
Sundry
Bad debts
22,332
2,907
175
38
22.370
2.907
175
5.240
S,849
17.342
33.216
1,213
273
20,529
2,907
5.240
5.849
17.342
33.216
1.213
273
4,155
5.747
10.101
31.918
1.324
138
7,651
900
7.651
900
143
5.555
143
58
370
Total 2026
88,690
8,589
97,279
83,771
Total 2025
77.416
6,355
83.771
Page 14

HOWARD DE WALDEN HOSTEL CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
Indèp8ndont examln•r's remuneratlon
2026
2025
Fees payablè to Ihe Charllls Independent examlner for the Indgpendenl
examlnalion of the Charills annual accounts
Fees payable to the Charilys independenl exarniner in respect of
preparallon of the annual slalulory accounts and related servlces
2,506
2.343
5.145
3.212
Stsff ¢oJt$
2026
2025
Wages and salarfes
Contribullon to defined conlrlbullon pension schames
22,332
38
20,529
The averago numb9r of par8on8 gmploygd by thè Chadty durlng the year wo$ 86 follow8:
2026
No.
2025
No.
Employ888
No employoe racelved remunerallon amounting to more than £60,000 In oither year.
The Charfty conslder81ts kay management pgrsonnel comprfse Ihg Trustees and the Treasurer. Thg total
gmploymenl bgneflls of key management personnel were £90012025: £8001 being the honorarlum pald
to the Treasurer (see below}. All other Trustees give freely their ￿me and exportlse wilhoul any form of
emoluments or reimbursement of expenses.
10. Tru$t•o$' romunaratlon and expensos
2026
2025
MrSMRing
Honorarlum
900
During the year ended 31 March 2026, no Trustee expenses have been incurred {2025- £NIL}.
Page 15

HOWARD DE WALDEN HOSTEL CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
11. Tanglble fixed assets
Freehold
property
Cost or valuation
At 1 April 2025
109,856
At 31 March 2026
109,856
Deprèciation
Al 1 April 2025
Charge for the ygar
98.051
2.907
Al 31 March 2026
100,958
Net book value
At 31 March 2026
8.898
At 31 March 2025
11,805
12. Flxed as$et inv•$tmonts
Llst•d
Invostments
Cost or valuatlon
Al 1 April 2025
Revaluations
58,722
5,679
At 31 March 2026
64,401
The above Investments represent the Charitrfs Invèstrnenl In Blackrock Charities UK Equity Fund, a
holding of 7.736.807 shares12025- 7,736.807 shares).
Page 16

HOWARD DE WALDEN HOSTEL CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
13. Debtors
2026
2025
Due within one year
Prepayments and accrued income
618
568
618
14. Crodltors: Amounts falllng duo wlthln ono year
2026
2025
Other creditors
Accruals Énd delerred income
3,806
4,770
2,429
4,500
8,576
6,929
15. Flnan¢l•l Instrum•nt#
2026
2025
Flnanclal assets
Flnancial assets measured 81 falr valuo through income and ex￿ndIt￿re
88,696
58.722
Financial assets measured al fair value through Income and e¥pendllure comprSse Ilxed asset
investments valued at Ihelr fa51 value al the year end.
Pagè 17

HOWARD DE WALDEN HOSTEL CHARrrY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
16.
Statement of funds
stat•mènt of funds - currant year
Balan¢0 at
31 March
2026
Balan¢e at 1
Aprll 202S
Gainsl
{Lossè$}
Incom• Expèftdlture
Unrestrict¢d fund3
Genaral Funds - all lunds
154,439
86.198
{92,2791
5.679
154,037
R•slrl¢lgd funds
Restricled Funds - all hjnds
5,000
(5.0001
Total of fund•
154,439
91,198
197.2791
5,679
154,037
Stat•ment of funds - prlor y••r
Balance al
31 March
2025
Balance al
1 Apdl 2024
Galnsl
(Losses)
Inrnrn8 Expgndllure
Unr•$trl¢ted funds
Resfrrve5
155,775
77,114
{80,771)
2,321
154.439
Re3trlcted fund•
R68trlcted Funds- all funds
3.000
{3.000
Total of funds
155,775
80,114
183,7711
2,321
154,439
Page 18

HOWARD DE WALDEN HOSTEL CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
17. Analys1$ ol ngt 4$$•t$ b•tWoen funds
Analysls of net assets between funds - ¢urrènt year
Unrestrl¢t¢d
funds
2026
Total
funds
2026
Tangible fixed assets
Fixed ossel Investments
Current assets
Creditors due within one year
8.898
64,401
89.314
18,576}
8,898
64.401
89,314
18,576)
Total
154,037
154,037
Analysls of not ass•ts be￿••n fund$ - prlor y•ar
Unreslrfctgd
funds
2025
Total
fvnds
2025
Tanglble fixed assets
FSxed asset Investments
Current assfjt$
Creditors dua within one year
11.805
58,722
90,841
{6,9291
11,805
58,722
90,841
16,929}
Total
154,439
154,439
18. P•nslon commltments
Tho Charity opérate8 a dgllnèd conlrtbullon penslon $¢home. Th9 assets of the schemè ar6 héld
separately Irom those of th9 Charlty in an Indepgndgnlly admlnlslered fund. The pension cost Charge
represents contributions payable by the group lo the fund and amounted lo £38 {2025 £NIL}.
Contributions lolalling £22 {2025 - £NILI were payable lo the fund al the balance sheet dale and are
Included In creditors.
19. Relat•d party transactlons
Dulrlng Ihe year th8 Iruslee Mr S M Ring, In hls role 8s Treasurer, recelved a small honorarfum of £900
{2025- £800}.
Page 19