Charity r¢￿StratIOn number.. 249198
Danish Young Women's c1￿1Stian Association in London
Annual Report and Financial Statements
for the Year Ended 31 March 2026

Contents
Reference and Adininistrative Detatls................-.._.........................................................
Trustees, Report.....
..2-6
Independent Examiner's Report......
Statement ol'Financial Activities ............... ...... .........
Balance Sheet...................-........................................................................... ..
io
Notes lo thc Financial Statanents........................................................

D*nish Young Women'$ Chrlstlan knociation ID London
Refer¢nc¢ and Admlllistradve Det*ils
Charity Re%i5tralion Nurnber." 249198
P*tron:
Her Royal Highness Princess Benedikte of Denrnark
Presldentr
Vacant
Cu$todlan try$t¢e:
The Official Custodian for CIMTities
Board:
Mr S Rosenfat¢k (Chairl
M5 N Bigbie
M5 M Moller (resigned June 20251
Mr K Hansen
Mr C Orlyk (resigned July 20251
Ms S Kennedy
Mr P Ahm (Treasurer)
Mr M Olsen
Ms R Reichherzer (appoint¢d Jun¢ 2025)
Ms S HesthaYeD Pultz (appointed Ju0¢ 2025)
Warde￿.
C Y J&ntzen
Addrem:
43 M&T¢8fieLd Gardens
Hampst¢ad
London
NW3 STF
ltsdepelldtnt examlDer.
BowneT Bullock
Chartered Accountants
l 14 Si Martin's Lane
Covent Garden
London
WC2N 4BE
Websitt:

D8ni5h Young Women's Christiaj) Association in London
Trustees, Report for the Year Ended 31 March 2026
I. STRUCTU￿. GOVERNANCE AND MANAGEMENT
Governlng Document
The Charity is regulated by tbe Rules dated 14 March 2001 and Deeds of Trust dated 30 Septetnber 1958 and
25 April 1966.
Org&ni58tion&l Strncthrt
The Charity is wn by a board of between five and nin¢ individuals who speak Danish and liv¢ in England.
The board elects the Chair. Vice Chair and Honorary Treasuret amongst itself. The offJ¢e$ of Chair and
Honorary treasurer cannoi be carried ¢ur by the same person.
The Danish YWCA in London is represented on ThE Dt2oish Churd) in Londun's Commiiiee and the rect¢)r
Ipriestl at the satne church 1$ on the board of the Danish YWCA.
The association of Den Dallske Kirke i Udlandet IDDKUI, in conjunction with th¢ boar¢L employs a Warden
who oversees the daily tnanagetnent of the Charity.
Since 2020, the Charity's PToperties have beert ￿gIStered in the name of The Official Cusi(Mlian for
Charitie5. Thi5 has two advanta8e5'.
the Charity is saved tbe expeDse of makiDg the new deeds required when its holditlg trustees cbange.
there is no risk that the Charity's land will remain vested in peoplewho are no longer involved with tbe
CTr￿1ty and who may be difficult IQ fd¢¢.
The Official Custudian cannot take part in n￿￿aging laDd vested ill himlh¢t. Th¢ CE￿ilY Ituste¢s keep all the
powers and dutie5 Qf mana8emeni.
D¢¢5$lon M*klng
The principal procedure$ of the Charity are set out in the Governing Document. The Ward¢n is in ¢harg¢ of
the daily management of the Chariry and all other decision making is vested itt the board.
Re¢rultm¢nt and Appolntment of New Trustees
The Jdetstifjcation of potential new Danith 5p¢aking txustees is carTied out by the boart the aitn being to
recommend for appointment those with expertise appropriat¢ to ¢arry out th¢ Charity's work.
Risk Aue$$m¢nt
The major risks to which the Charity is ¢xp¢)sed, as identified by th¢ Trustee5. are regularly rnonitored arld
syslejns have been esiablished to mitigate th05¢ risks.
2. OBIECFIVES AND ACTtvrrtES
Object
The Danish YWCA in London 15 a branch of Dtn DaDske Kirke i Udlandet IDDKU}.
In co￿jun¢t1011 Wlth the Danish National Church and on Evongeli¢al-Lutheran basis il aims to spread the word
of the Gospel and to encourage young Danes to take part iTJ Christian ¢ommunily life among Dan¢$ Tn London.
Aetlvltles
Thi5 is achi¢ved by creating a Christian home. where young Dants can live and come freely to seek advice
and guidance, and by w>inting them in the direction of the Danish Church in London.
The Charity holds a pri[n￿ hostel at Maresfield Gardens providing up to 60 beds, and 10 flats with & view io
letting these on a 5hort-let basi5 10 posigraduaie Danish students.

Public benefit
The Trustees confirm that they haye complied with the requirements of section 4 of the Charities Aet ?01 I to
bav¢ due regard 10 the public beneflt guidance pUbl￿ed by the Charity Commission for En8land and Wa]es.
3. ACHIEVEMENTS AND PERFORMANCE
In the recenl fJn2n¢ial year. occupancy al the hostel has followed a pattem that appears lo have been established
after B￿XIt in 2021. During the autumn terni, the hostel experienced high occupancy, followed by lower
occupancy in the spring terni. This year, the average occupan¢y de¢r¢ased to 59n/o12025.. 61 /ol. As a means
of attracting moiE residents and future-proofing the hostel. the trustees hawe bcgun explorhng a possible
refurbishment and upgrade toprovide a¢coThmtyJation and faciliticsthat better meettheexpeetatiOTLS of eurrent
and future residents.
The Charity owns 10 studio fiats that can be rented temporarily by Danish stttdents undertaking a study visit
ift the UK. Application.8 are reviewed and the flais allocated by a ￿leCtIOn committee in Denmark based on a
set of criteria. In th¢ laiest round of applications in May 2025, 59 students applied, of whom 10 were selected
for studio fiats. An additional seven students wer¢ offeTed a 5in8le student dorniitory room at the hostel.
Since Brexit has significantly changed the condilions for youth mobility between Denmark and the UK, the
Board views with optimism the prospect of the United Kingdorn rejoirting the Erasmus+ programme froin
2027, which would provide young people and s￿dentS from the EU {irt¢luding Denmark} and the UK wÈth
8reater and itnproved opportunities for ex¢han8e stays. In addition, the UK and the EU have negotiated a
framework agreement for a Youth Experience sche￿e, which is lik¢wi5¢ Lnt¢nded to str¢ngithen youth
mobility. It has not yet been clarified what the pra¢u¢al aTtang¢ments will be for young people withing to
make use of this oprK>nunity or when the scheme will come into effect.
After organi5ing pilot versions of our"H0iskol¢oplevels&' progrdmTne in 2024125. targetiTLg young Danes on
a gap year. we werc unable to attract enough new participants during the past year. Since previou5 participants
respottded very positively to the pro8r8mm< we are plonnitig to run the event twice a8aill in 2026127.
tn May 2025, the Board hosted a visit fron) Her Royal Highness Princess BetLedikte, lollg-standiDg patron of
the Danish YWCA in Londim. The visit IDcluded a brief rne¢ting betw¢cn the Chainnan5hip and the PritLcess,
followed by t4 reception in the garden attended by the youug residents of the house and student5 from Queen
IT)gTid's Ha]1 of Residence. The day concluded with a dirtner attended by HRH Princess Benedikte, invited
guests and membeTS of the Board. On this occasion. form¢r Chair Karen Maibotn ond Vic¢-Chgir Anne Raill
were thth for thcir many yeaTS of dedicated service.
During the past year. we have 8reatly benefited from the involvemertr of a large Tlurnber of volunteers. Around
2(K) volunteers contributed to the Charity throllghout the yeaT. The IArgest numberof votunteeTS WCTe eng88ed
in th¢ annual Christma5 Bazaar. A smaller group of general volunteers supported the daily runTLing of ttLe
hostel in various ways, includin8 helping with youih a¢tivities* preparing and srrving tneals. supporting social
life among residents. and contributing to social media ctsntent. The recNitmellt. coordination. alld support of
volunteer5 reTnain a high priority forthe Charity. Throughout the year. the Charity employed an avera8c of six
staff mernbe￿.
The Charity'5 aim of beit)g a-home from home", offering young Danes a warni welcome, a connection to the
Danish Church, and a pleasant and safe place to stay or visit at reasonable price$, remains our overarching
goal. Safeguardll)g procedure5 and COm￿tenC1eS are in place to ensure 8n open and saf¢ environment for
everyone who comes into colltscl with th¢ Charity.
Throughout the y¢ar, we have offered many activitie5 and ¢vent5 bottl forour resi(knts arld for Danish students
and young adults livin8 elsewhere in London. We oiganise Inost of these event5 ourselves, but increasingly
seek collaboration with the Danish ChuT¢h and other London-based Danish organisations. This year, we
OT8ani5ed a football iournament in Seplernber 2025 in collaboration with the Danish Ch￿￿h. In January 2026,
wt hosted a ChristJn25 liinch in close cooperation with DKUK Young Professionals Group. Th¢ ¢onne¢tion to
the Danish Chur¢h in London 15 clearly communicated to all residents, who are also givrn the Dpportwjity to
partiCip￿e jointly in Sunday services and other religious alld tradition21 celebraiions thrtsughoui the year.
In November 2025, we were once agaill able to hold our annual fundr2i$¢r, th¢ Danibh Chtisimas Bazaar.
Around 2,100 people visitedthe bazaar during the lasi weekend of NovembeT. Income fiom the B2288r reaLh

a new record of £73.424 (including rafflc and tombola sal¢sl, g¢neratin8 a profit of £38.672 for the Danish
YWCA in London.
In 2025, the Board successfiilly aequired a new Danish hol dog trailer after the previous one had io be retired
rollowing n￿nY years of setvice. The hot dog trailer is a major attraction at the annual bazaar and is aL%o used
throughout the year for events held in the byarden.
In ￿nneCtIon with Ih¢ purchase, a ￿ndraISing campaign was launched among private donors and businesses.
Th¢ campdi¥n g¢netat¢d £5,800 in 2025. and d further £2,51M) was donated in April 2026. Our regular logistics
patther, DSV, Sponsor￿ the tran5POrtation froffl Denmark to the United Kingdom.
4. FfNANJCAL REVIEW
Polley on Reserves
The cost of Providing ihe facilities to young Dane5 in London is funded for the greater part from the rental
incotne received with any shortfall met by drawing from re5erve51 provided that the value of thc reserves is
not diminished unduly thus ensurin8 the su5tainabilily of rhe Charity. The Charity aiEll5 to tlave cash reserves
of approximately £50.000.
As dethiled in note 14 of the fllL8ncial $taiemeAts, during the year, the TJu$te¢s have reviewed the funds held
by the Charity. This included a det211ed review of restricied funds, and designated fi]llds.
As of 31 March 2026, totsl utsrestricied funds amounred to £2,869,292.
Within unr¢51riGted funds, ther¢ aTe deSig￿ted fund5 of £2,688,518, which 15 tnade up of £2.383.639 property,
and £304.879 of fund5 held to cov¢r futUT¢ maint¢nanre ¢o$ts of the building. £180,774 remains in general
unresttitted fvtJd$. In lime wilh the rese￿e$ poliry, there were no reslricted reserve5 &8 at the year end.
Th¢ Twstees consider that their free reseryes would allow them to continue their actLVities to Meet their
charit2ble objectives for & period of approximately 3 months, should their incoming resources decrease
Si8nifL¢antly. However, (pther sowces of emerg¢ncy funding can be eonsidered ineluding donations from
¢ompante$ sympathdi¢ to the obj¢¢riv¢s of the Charity and reallLxatin8 th¢ Desi8nated currellt assets.
Investments
Investrnents are made in accordance with the Danish YWCA Investment Policy. The overall sttaiegic
allocation for the inv¢5ttnent poneolio was targeted at an appropriate balance between-.
Structtjred {Ineomel Pmducts
Fixed Inieresi A¢¢oun
Short Term Access Accouots
Easy Access Accounts
The objcctive is to improve the re￿rll on Current Assets whilst maintaining a Low- Medium risk profile atld
providin8 acce￿ to c&sh to meet operational requirements. ThLS 15 considered a cautiOU5 approach to the
cha)ity's ful￿$.
Fln•nel#l Summ4ry
The illcome during the year atnounted to £566.14712025.' £478.2121.
The h05tel's receipts increas￿ to £269.599 {2025.. £266.291} reflectitlg a 59/0 (2025.. 61¥0} oc¢upat)cy rate.
Total expenditure amounted to £041,655 (202S.. £587,939) with increase5 in staff costs and recognition of the
Christmas Bazaar cost being the main reasons for this inere&8e.

Rlsks
Th¢ tTU5t¢e5 have cartied out a lknsk Assessment for the Charity in generaL for management of oiw main
building. for Management and for Safeguarding. The risks identifled below are the ones considered the
ost Si￿l[l¢ant from the risk register.
OCCUPANCY
The consequence5 of Brexit continue to pose a ¢hallertBe to the operations of the charity, both in temis of
recrnitment of staff from DenTnaTk Isce below) and due to the Cu￿ent lack of youth mobiliiy with Tesultant
reduction in traditional customer base. A recent agreement bttwt¢n th¢ UK and the EU introduces a new
Youth Exp¢rien¢e Scherne aimed at giving youllg Eutopeans easier a¢cess to sttjdy and work in the UK. The
de&ils of the scheine have yet to be finalised, and only then will we know more about the prospects for our
h05tel.
FOREIGN EXCHANGE
Whilst the wisitors to the hosicl are from Dellmark. as the Charity largely op¢ratrs in Sterling. Wlth all rental
ill¢(pm¢ and host¢l receipts bein8 In Sterlin8. the tTusi¢e5 do not COD5idcr the Charity to be significantly
¢Aposcd to the rffects of fluC￿at]ng exchange rates as it has been secTL in the past years.
ENERGY COSTS
The Charity eontitlues to mitigate the peak of energy prices ¢]uring th¢ yearby entering in¢0 long-t¢rm energy
supply contraets with a major supplier to miti8ate flu¢ttLations
COST OF LIv￿G CRISIS
Like the rest of society. the Charity is facing increased prices on almost all expenses relating to ihe day-tfvday
running of the business. M05t significant is the In¢￿a$¢ of pri¢¢ of food over the past years. Since providing
of breakfast and other rnea15 are a core servic¢ for the h05tcl, further increases can lead to a Challenge Tll
kceping to the budget in thi5 area.
STAFF
The itDmigration laws following Brexit have effectively made it impossible to bire non-5killcd workers to our
Clwity frotn Denmark as ha5 beeTL practi$￿ for many years. At the same time, should we wish io employ
local Staff. this has proved to bc very difficult because of a lack of workforce itl the hospits]ity s¢ctor in
London. The staff sibl￿10T1 at the Charity is therefore vuin¢rable with fewer staff to Earry out lh¢ day-to4ay
Work at the h05ttl.
5. PLANS FOR FUTURE PERIODS
As mentioned earlier. the trustees have begun o)nsidering investment in a major renovation of the hostel, with
the airn of establishing improv¢d and more mtyl¢rn facilities to attract additional residents. The scale of the
projcct will depend on the charity's ability 10 raise the necessary funds. An archit￿re company in London
has been appointed to prepare i proposal and design for a re¢onfiguration of the IM)Stel. A building Comminee
And a fundraising committee have been eslablished to oversee the pro¢¢ss, and the BoaTd will approve the
project in stages in order lo minimise ri5k5.
With the aim of ensuringcloscr follow-up on strategic goals. the Board has introdlleed an annual business plan
that sets out key activities and objective5 for the coming year.
The trustees plall to organise th¢ regular Chrisunas Bazaar again thi5 year.

Danish Young Women'5 Christi4n AsSOCi¥tion in London
Trustee5' Report for the Year Ended 31 Msreh 2026
Statement of Tru$tee$' responslbllltles
The ttustees are Tesponsible for preparing the AnThual Report and the financial statetnents in aLcordance with
applicable law and regulations.
The law applieable to charities in Englaiid & Wales reqllires th¢ rn]srees to prepare financial statements for each
financtal year in accordance with United Kingdom Generally Accepied Accounting Practice (U'nited Kiiigdom
Accounting Srandar4s and applicable lawl.
The trL]Ste¢5 must nol approve the fiijancial stalejnellls unle55 thev are satisfied that they give a Irue and fair view
of the state of affair5 of thc charity and of thc incomin8 resources and application of resources. including the
inctstne and expcnditure. of the charity f￿. that paiod.
In Preparin8 these fjnancial ¥tatem¢nts, the rrn$¢¢s ar¢ required to-
al select suitable accourtlinb, p)li¢ies 300 apply them ¢onsistently*
bl observe th¢ m¢thods ond principles in the Ch8Tiiies SOIiP'
c) make judgrDents and accounting estiDUtes thai ar¢ reason8bl¢ and prndeni"
d) state whether applicable UK Accounting Standards have been followed. subjecl to any rnaterial
departures disclosed and ￿p1a]H¢d in the financial statements.
e) prepare the financial sratemerJ¢s on the going eoncem basis unless il is inappropriote ¢0 presum¢ that the
charity will continu¢ to op¢rat¢.
The trustee5 are responsible for keepin8 sulfjcient accounting Tecords that djsclose with reasonable accuracy at
any time The firtan¢ial Frf)Sition of the charity and enable them to ensure that the financial statements comply with
th¢ Ch¥rities Act 2011. tbe Charity (Accounts and Reports) Regulations 21)08 and the provisiolls of the trust deed.
They are also iesponsible for safeguarding the assets of the charity and hence for tsking reasonable steps for the
prevention and detection of frdud and other irre8ularities.
Approved by th¢ Board of Tn￿let$ and signed on its behalf by".
S Ros¢nfalck
Date..

DAni5h Young Women's Christian Association in London
Independent Exominer'g Report to the trustees of
Danish Young Women's Christlan Asso¢iatlon in London
Independent Examiner's Report to the Try5tees of Danish Young Wom¢ll'5 Cbri5ti*n Assoelatlon I
London
I report to the Inj5te￿ on my examination of the financial statements of Danish Yolln8 Women's Christian
As50CI(Itiun in London {'Ihe ehariiy'l for the year ended 31 March 2026 which cornprise the Smtement of
Finallcial Aciivities. the Balance Sheet and rclated notes.
This report ib TThade svlely io th¢ ¢harity's trusl¢e5. a5 a budy. in actvrdancc with section 145 of the Charities
Act 2011. My work has been undertaken so that I might statr to the charity's trnstees those matter5 1 aTll
required 10 state to them in Ibis report artd for no other purpose. To the thllesi extent permitted by law. I do not
accept or assume responsibility to anyone othcr than the ch￿lty and the charity's tN5tees as a body. for rny
WOTk, for this report, or for the opinions I have formed.
Re5P0115ibilities 4nd b45is of report
As the trustees of the chariry you are responsible forthe prepar*ion of the financial statements in a¢¢oidance with
the requirements of the Charities Act 2011 I'the Act'}.
I report in respe¢t of my examll)ation of the clwity's financial stst¢m¢nts catried outWLdcT section 145 of the Act
and in carrying out ffty exatninaiion Ihave followed all the applic2bleDirections givenbythecharirycotnmissio
under 5¢Ction 145(5)Ib) of the A¢t.
An independent examination does not involve gatheTing all the evidence that would be required in an audit and
consequelltly does not Cover all the matters that an audiior consid¢rs in giviD8 their opillioti ot] the financial
statements. The platming atKI conduct of all audit goE5 beyond the limited as5uran¢e independent
exatThination can provide. Consequcntly, l express no opinion as to whether the financial stitements presenia'tnle
and fair. view and my report is limited to those specific matM s¢t out ID the independent eKaminer's statement.
IDd¢pendent examlner's 5taternent
Since the charity's gr05s incorne exceeded £250,000 your examiner must be a member of a body listed in section
145 of the 2011. I confirn that l Im quo]ified to undertake the exalniuation b¢cause l am a Jnember of ICAEW
which is one of thc listed bodies.
I have completed tny exatninatiort. S confirni that no material rnatter5 have come to my attention in connection
with the examination giving me cause to believe that in any material respect..
accountin8 record5 were not kept Lll respect of the charity ￿ required by seciion 130 of the Act. or
the financial sthtemeTht5 do not accord wsth those r¢¢ord$,' or
the fin3ncial ¥tatements do not comply with the applicable requirements coneerning the fomi and content
of accounts set out in the Charities (Accounts and Reports) Regul￿10ft8 2008 other than any Tequitement
that the accounts give a 'true and fair Yiew which is not a matter consider¢d as part of an independertt
examination.
I have no concern5 atld have come a¢ros$ no other matters in cotjnection with the examittation to which attention
should be drawn in this report in ord¢r to enable a Prop￿ undeisianding of the fjnaneial statetn¢nt5 to be r¢a¢hed.

Use of our report
This report is mad¢ solely to tbe charity's trustees, as & body, iti accordance witb section 145 of the Cbarities
Act 2011. My work h•s beets undertaken so that I might state to the C?￿rIty.s tsustees tbose matters l am
required to state to them in this report at￿ for no other putpose. To the fullest extent pern)itted by law. I do not
attq)t or assume responsibility to anyone other thall the charity and the charity'5 tntst¢e8 as a bodyj foT
work, for this repory or for the opitsioos I hav¢ fomie
Russell Joseph
Bourner Bullock
Chartered Actourttattts
114 Si Mattin's Lane
Coveoi Gatdert
London
WC2N 4BE
Date..

Danish Young Women's Christian Associatioll in London
Statement of FiDanei*l Aetivities for the Year Ended 31 March 2026 (including Income
and Expenditure A¢eount and Statement of Total Recognised Gains and Losses)
Unrestricted
funds
2026
Designated
fuTrd5
2026
Totsl fvnd$
2026
Total fvnds
2025
Notc
Ineorne Irom
Donations
72,466
358,516
115,346
19,819
72,466
358.516
115.346
19.819
105,299
343,94
19,890
9,075
Charitable activities
Other trading activities
Investments
Total Income
566,147
566,147
478,2L2
Expenditure on:
Raising funds
Charitsble a¢tivities
34,752
526,572
34.752
606,903
80.331
587.939
Total Expendiwre
561,324
80.331
641.655
587.939
Net incomel (expenditure)
4,823
180,3311
(75.508)
1109,727)
Gro&s transfer between funds
Nei movernent ill fill]ds
4,823
{80.3311
(75.5081
111)9,727)
Re¢tsn¢iliatioD of fund5
Tottl thnds brought forward
13
175,951
2.768,849
2.944.8
3.054.527
Total funds earried fonvard
13
180.774
2.688,518
2.869.292
2.944,800
All of the charity'5 activitie5 derive from ¢oniinuing op¢raiions during the perio

Danish Young Women's Christian Association in London
(Charlty number: 249198}
Balance Sheet 45 at 31 March 2026
21126
2025
Note
Flxed ￿Sets
Tangible fixed asseis
Investments
2.423.975
196.123
2,501,344
200,023
io
Current $59ets
Debtotts
Cash at bank and in hand
9292
303,785
313.077
2,841
31)4,761
307,602
Credhors: Amounts falling dut wiitiiti orte ye#r
12
(63,883)
(64,169)
Net ¢nrrent *s$ets
249.194
243.433
Net a48ets
2,869292
2,944,81M)
General unrestri¢ted fimds
Designated uThrestri¢led funds
13
180,774
2,688.518
175,951
2,768,849
2,944,8(K)
13
Total fund$
2,869,292
The finallciaL 5tateTnthts were approved by the thjstees, and authorised for itsue on .... .... ........ and signed on
their behalf by..
S Rosenfaltk
io

Danish Young Women's Christian AssoeiAtion in London
Note5 to the Financial Statements for the Year Ended 31 March 2026
l AteouDting policies
Summary of signific&nt *cc(bunting polieles And key #ecountiTrg e$timgtes
The principal accounting policies applied in the preparation of these fin2ncJal statements are set out below. These
policies have been ￿nSisten¢1Y applied to all the year5 presente¢L unless othenvis¢ slated.
Basis of pr¢parntioA
The finan¢i&l 5tatcmcnts have been prepared in a¢rordance with 'Accounting and Reporting by Charities..
Sta￿[￿ent of RecommLnded Prdetice applicable to Chariries preparing Iheir aceollnts in accordance wilh the
Financial Repurting Standard appliLabl¢ in the UK and Republic of Ireland {FRS 102) (Second Edition). and the
Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 10218nd th¢
Charities Aci 2011 and UK Generally Accepted Prdciice as it applIes from l January 2019.
The financial siatements have been prepared to give a 'tsue and fair, view 8nd have departed from the Cbarities
{A¢counts Reports) Regulaiions 2008 only to the extent required io provide a 'uve and fair view.. This
departure Iw involved following 'Accounting and Reponing by Ch2fities.' Staiement of Recommended Prncti¢e
applicable to charitie% pieparing their accounts in accordance with the Financial Reportingj Statldard applicable in
the UK and R¢publi¢ of Ireland (FRS 1021 (Second Edition}, rather than the Accounting and Reporting by
Charities.. StaieTnent of Eiecommended Prdctice effective from l April 2005 which has since been withdrawn.
Danish Young Women's Christian Association in London meets the definition of a public benefit entity under
FRS 102. Assets and liabilities are initially recogni5￿ at historie cosi or transaction value unless oiherwis¢ stated
in the Ttlevant accounting poli¢y notes.
Golng eoDcerD
Th¢ financial stat¢ments have been prqwred on a going concem basis. The trustees ￿¢s5 whether the use of
going concern is appropriate i.e. whether there are any material llrtcertainties related io eveTIts OT conditions that
may cast sigoificant doubt on tbe ability of the Charity to Continue as a goÈng concern. The trustees mak¢ this
aS￿Sment in respe¢t of a period of one year from the date of apptOV31 of thc fuHncial statements.
Charitable funds
Unresthcled funds are general fuTJds that are available for us¢ at the th￿¢¢C8, dlseretion in furtherince of the
objxtives of the Charity.
Designated fi￿d5 are funi& which the tNstees have set aside a5 explained in the notes to the a¢counts.
Restricted fl￿d$ are subje¢t io specifle conditions by donors a$ to how they may be used. The purposes and uses
of the restricted ￿ndS are set out in the notes to the accounts.
Tr￿dIng ineome
Trading income relates io fiLniL8 rceeived from futtdraIsJng events and room hire. accounted for in the period to
whi¢h th¢y relaie.
Donated professional services attd donated farilities rwognised on the basis of th¢ value of rhe gift io the
charity which is the amount the ¢harity would have been willin8 10 pay to obtaiJ] servitcs or facilities of
equivalcnt economic benefii on the open market.. a Co￿SpOnding amount is then recognised in expcnditure in
the period ofrec¢ipt.
Ch47niobl¢ &ciiwiie$
Charitable activities relate to hostel receipts and rental income and are accounted for ill the period which they
r¢lai¢ to.
Voluntary income includin8 donations. gift5 and grdnts that provide core fvnding are recognised when the Charity
has entitlemcnt to the income. it is probable that the income will bc rcceivcd, and the arnount ean bc Tnea5ured
with sutTL¢ltnl reliability.
li

Danlsh Young Women's Christian Association in London
Notes to the Flnancial Statements for tbe Year Ended 31 March 2026
Expenditure
All expendi￿re is rceognised once thcre 15 a legal or con51Tuctive obligAtion to thai eXpendi￿re. it IS Probable
settlement is required and the amount can be Tnca5ured reliably. All costs are allocated to the applicable
expendirure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to
pani¢iilarheadings they have been alloc21¢d on a basis ¢onsisteni with the use of resources, with central staff costs
allocated on the basis of time spent, and depreciation ¢hargc$ 2110¢2ted on the portion of the a5set'5 Use. Other
support costs are allocated based on the spread of staff cO￿s.
Ch8rltable expenditllrt
Charitable expendIll￿e comprises those costs incurred by the Charity in the delivery of its actÈviiies and seryices
for its benefi¢iaries. It includes both eosts that can be allocated directly lo such activitie5 and thoK c05t5 of an
Indirett nature i)ccessary to support them.
Support costs
Support Costs illclude central funciions and have been all¢x&ted to activiry ¢OS¢ C81¢8ories on a basis CODsisrent
with th¢ use ofresource5. for exaTnple, allocating property costs by floor 01 per upita, Staff costs by thE
time spent and other costs by their usa8e.
GtsvernaRce costs
These include the costs attributable to the ChaTity's compliance with constittllional and staftitory requjremenis,
includiDg governance oversight. strategic manageTDent and Trust¢es' meeting5 and reiTnbutsed expensts.
Tanglble fixed a&4ets
Property. plant and equipI￿ent are measured at cosi. net of depreci&ii¢n and any impaim)ent losses.
TatLgibl¢ fixed a5%t5 are stated at C05t I¢5s depr￿LatIOn. Dq)rKiatLQn L5 provided at late$ calculated to write otT
the Cost less esti￿ated residual value of ¢a¢b asset over its expected useful life, as follows..
Fixrures, fittings and ¢qUiPTnent
Le&sehold flats
Frcehold property
5 to 15 years straight ILll¢
50 yeats straigh( lin¢
20 to 50 years 5trai8ht IIrt¢
Inve$tm¢Dts
Fixed asset invesrments in unlisted slwes are shown ai cosi1¢5s provision for Impairn￿lll.
Other r￿ed asset inves¢ments are iniiially recognised at ¢ost and are subsequently meawred at fair value.
Flnand81 in$trum¢nts
The ch￿lty only ertters into basic finartcial illstnlment transactions that result in the recognition of financial assets
and liabilities like other debttsrs and credjtots and [￿tts from related parties.
Financial assets that are nLeasuted at cost and amortised ¢osi are assessed at ttrte end of each rewning period for
objective eviden¢e of impainnent. If objective evidence of impairniellt is foun¢ an impairnien¢ loss 1$ r¢cognis
in proflt or lo￿.
Finaneial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an
enforc￿ble right 10 set off Ihe Tecognised amounts and there is all intentioll to settle a net basis or to realise
the asset and settle the liability Simultaneously.
The charity does not have anything other than basic financial insttuments.
12

DAnlsh Young Women's ChrlstiAn Association in London
Notes to the Financial Statements for the Year Ended 31 March 2026
Debtors
Other debtars and cash are initially tneasured at seltl¢Tn¢nl afflouni due after any discounts off¢trd. P￿Paymen[S
are valued at the amount prq>aid. net of any discounts.
Financial assets are classified &$ receivable5 Wlthin one year and are not amonised.
Cash and cash equlvalents
Cash and cash equivalents comprise tash on hand aJ]d call d￿051t5. and othcrshort-ieTm highly Itquid investments
that are readily convenible io a known wnouni of cash and are subjeci to tsn insigniflcant risk of change it) value.
Credltors
Trade creditors are obli8ations to pay for goods OT serviLes that have be¢n acquired in the ordiThary course of
business from supplIers. Accounts payablc are classifjtd CUTrent liabilities it. the Charity does not have an
unconditional right, ai the end of ihe repotting peri￿￿. to defer seitlement of tlte Creditor for ai least ttvelve months
after the reporting date. If there is an unconditional right to defer settlement for at I￿t twelve mothths after the
r¢porring (tste, they are preseuted as non-currellt liabilities.
Trade creditor5 are r￿oSniSeJ iniriaily at the transaction price and subsequendy n￿asured at amortised c05t Usin8
the eff¢¢tive inter¢5t method.
Fortlgn Currefftcy tr#nsactJon5 and balAnte5
TraD5actiorJs denominated ID foreign c￿￿en(leS are recorded at the rate ruling at the date of the traDs2ction.
Monetary as5¢ts and liabilities denominated in forei8n currencies are translated into sterlit)g at the rates of
exchaknge rnliTJg at the balance sheet date. All differences are included in net movements in ￿n￿$.
Judgements and key sourtes of estimatlon ￿nCertaIntY
In the application of the charity's ac¢owiiing poli¢ies, the ttuste¢s are requirgj io moke judgements, esiimat¢s and
assumptions about the catrying amount of &ss¢t$ and liabilities ihai are otst readily appareni from other $our¢es.
The e5tirnates and associated assumptions are basa on historical experience and other factots that are relevant.
A¢DJal results may differ from Ihese esiimates. The estimates underlyittg &8$umptions are reviewed on In
ongoing basis. Revisions to accounting estimates are reco￿lsed in the period in which the estimate is revised
wherE the ievision affects only that period, or in the p¢riod of the revision ond fittyr¢ periods wher¢ tbe revision
affects both current aLuI future periods. The trustees collsider that deprrciation has bc¢n a 5igDificant JUdge￿¢￿t
and key source of estimation uncertainty in the year.
Depreciation: The chAriry dq)rECiites its &sets over their estimated u￿fi]I economic hf¢. Th¢ ¢￿Ing ￿nou￿t
of fixed ass¢ts at the year end is £2,423.975 {2025.. £2,50I,J44)
13

Danish Young Women's Christign Associgtion in London
Notes to the Flnancial Statements for the Ye4r Ended 31 March 2026
In¢ome from donatlon$
Totsl
Unrestri£te
Total
2fr25
2020
Fri¢nd5 of Danish Young Women's Christian Association in LoTHlon
Other donations
720
71,746
72,466
35,864
69.435
105.299
Included within otherdonation5 aregeneral donations. as well a5 arnountsreceived from Danish Churches Abroad.
A corresponding expense ha5 been included within staff costs. in note 8.
Charitable #ctlvities
Total
Utsrestrleted
fuMd5
2(126
Total
2025
Bed and breakfast
Other tnea15 and laundry
Rental incoTne
251.197
18.402
88.917
358.516
231234
15,057
343.948
Otber tr4dlog *etlvltl
Total
UllrEStri¢ted
ds
2026
Tot•1
2025
Fundrai5in8 events
Other tradin8 incom¢
88,987
26.359
115.346
L6.123
3,767
19,890
InvestmeTr¢ Income
Total
Uure5trirted
fund5
20Z6
Total
2025
Interest tncome on batlk dep)sits and other investments
19.819
19.819
14

Danish Young Women's Christign Associgtion in London
Notes lo the Fin2nci41 St¥tements for the Year Ended 31 March 2026
Expendlture
Unrestricted De51gn4ted
ftsnds
funds
2026
2026
Total
2026
Total
2025
Fundraising Costs
Christmas Bazaar
34,752
34,752
Charltable AetlvltLeS
Staff cost5
visions
Repairs and maintenance foi hostel
Repairs and maintenance foi flats
Insuran¢¢
Water rates and council tax
Cleaning
Gas and electricily
Equipment and repair5
Other Costs
Linen laulldry
T¢l¢ph(pne
Intrtnet
Newspapers and subscriptions
Depreeiation of furniture and fittings
D¢pre¢iation of building
Depreciation of leasehold tlats
(Profityloss on revaluation of investments
Garden rnaini¢nan¢e
Allocakd sllpport costs Inote 6.11
Allocated governan¢¢ costs (TLOt¢ 6.1)
Total
243.713
36.219
62.649
35.158
10.018
10,587
19,886
10.788
828
25.926
9.375
3.003
1,214
183
7,037
?43.713
36.219
62.649
35,158
10,018
10,5117
19,886
10,788
828
25,926
9,375
3.003
1214
183
7,037
28,749
51.582
8,550
3,021
33,917
4.500
641.655
227.175
36.681
47.?71
47.034
10.191
4,977
16.136
22,552
1,529
24.812
8.525
2.184
,815
1,277
5.959
28,749
51.584
28,749
51.582
8,550
3,021
33,917
4,500
561.324
2,505
38.639
8.344
587.939
80.331
&1
Ana]ysls of govern&n¢e and $upport costs
S￿PpOrt
Costs
Governxnce
¢05ts
Total
21126
Bookkeeping fees
Printing &nd staiionery
Postage and carriage
Marketing alld advertisitig
ReCrnit￿cnt
IT and software costs
Independent examiner and accountancy fees
Bank cbaTges
Professional fee5
Total
7,200
698
1,546
1,695
30
11,022
7,2(K)
698
1.546
1.695
30
11,022
4.50U
10.426
,300
38,417
4.500
10.426
33.9L7
4.500
15

Danish Young Women's Christian Association in London
Notes to the Financial Stalement5 for the Year End¢d 31 March 2026
Trustees remuneration and expenses
No wsiees. nor any p¢rsons ¢onne¢ied with them, have received any retnuTreration from the chariry during the
ye9r.
No trustees have Te¢eivtd any reimbursed expenses or any other benefits from the charity durirtg th¢ ye8r.
Stsff numbers
The aggregate payroll costs were as follows..
Total
Unre5trieted
Total
2025
2026
Wages and sthries
Social security costs
EmploycT contrilwlion5 to defined contribution pension schemes
Total staff costs
231.529
5.521
217,833
3,643
5,699
227,175
243.713
Thc average monthly headcount employed by the charity duTill8 the year was as follows..
2026
2025
Support staff
Seconded employees from Danish Churche8 Abroad
Total
One ernployee is seconded frottl the Danish Cknurch¢s Abroa¢ to assist with runuin8 the charity. lllcluded withi
other donations. #nd stattcosis, are corresponding amounts to record the inlall8ible income and ex￿￿Se for the
osts relating to thLS 5¢conded eTDployee.
There wts no olle employee that received employee benefits of moTe than £60,000.
16

Danish Young Women's Christian Association in London
Notes to the Financial Statements for the YeAr Ended 31 MAr¢h 2026
Tangible Ilxed a$5et5
Freehold
land and
building5
Fixture
rjttings &
equipment
Le•sehold
flat5
Total
Cost
Ai l April 2025
Addition5
Disp05a15
At 31 March 2026
1,175.461
2,579.120
142.450
9,999
11,149
151,300
3,897.031
9.999
1.175,461
2,579,120
3.905,881
Depreciation and impairment
At l April 2025
Depreciation charged in the ycar
Disposa15
At 31 Mar¢h 2026
559,280
28.749
731.332
51.582
105,075
7,037
{I,1491
110,963
1,395,687
87,368
1.1491
1,481,9(
588,029
782,914
Carrying 8movnt
At 31 Marth 2026
587 432
1.796.206
40.337
2 423.975
At 31 March 2025
616.181
1.847 788
2.501344
io
Invest￿entS
Unlisted
5bare$
Other
Investments
Tot81
21126
Tot¥1
2025
Cost
At l April 2025
Additions
Revaluatjon
At 31 March 2026
23
200.OCK)
4,650
18.550)
196.100
200,023
4,650
18.550)
196.123
23
21XTr.000
23
2(M).023
li
Debtors
Tot41
2026
Total
21125
Sunthy debtors and prepayments
9.292
9.292
2.841
2,841
17

Danish Young Women's Christian Association in London
Notes to the Flnancfial Statements for the Year Ended 31 March 2026
12
Creditors: amount5 fAUln8 due within one year
Total
2026
Totsl
2025
Trdde creditor5
Other creditQT5
Other taxes and social security
Accnais
Defe￿ed income
965
13.352
3,760
11,462
34,344
63.883
5.314
14.539
3,705
15.771
24.780
64,169
Defetred income aTises on rental incotne paid in advance. on properties owned by the charity as well a5 h05tel
receipts received in the current period for bookings in the following period.
13
Fllnds
Balance at
l Aprll
2025
Bglance It
Jl M*rch
2026
IDeornin8
re50urees
Resource$
expended
Transters
Unrestrlded fvnd5
General UTLre5tricted hnds
175,951
2,768.849
2,944,8(K
566,147
(561,324)
{80,331)
(641,655)
180,774
2,688,518
2,869,292
Desigllated funds
Tot%1 funds
566.147
The SP￿lf1¢ purposes for wbi¢h th¢ fimds ar¢ 10 b¢ applied are 15 follows:
Unrestricted fvnds". these fimds are provided by donors forsllpportof the charity. witbout re5trietton on how fimds
should be deployed.
Designated fllDds= these funds are Chosen by the thstees for the following purpose5.'
Buildit)g Fut)d.. these fimds have bttn de5ignatcd for the purposes of coveTill8 future maintenance Cost
of the main building, and the fiats held by the charity. to reduce the ilnpact of any l￿eXpeCted
miintenan¢¢ expenditure on th¢ ¢harity's av8Tlable reserves.
Value of fixed assets". tbe net book value of the properties held a5 at the year end ha5 been dcsigll31ed to
demottstrate that these are the resetves of the charity which are not freely available to eover the d￿rity,
expenses, as these are the reserves which are tied up in the charity's r￿ed assets.
Analy$l$ ol net gM¢ts betweefj funds
Unrestrleted fund5
Designated
Genernl
Totsl
nds
Tangible a55ets
Investrnent5
2,383,637
196.100
108.781
40,338 2.423.975
23
196,123
249.194
Nei currenr assets
140,413
Totsl 4ssets 8t 31 March 2026
2.688,518
180.774
2.869.?9?
18