HOWARD DE WALDEN CENTRE REPORT OF THE TRUSTEES AND UNAUDITED RNANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 CHARITY NUMBER: 268203
HOWARD DE WALDEN CENTRE INDEX TO AccouKfs FOR THE YEAR ENDING 31 DECEMBER 2024 Reference and AAministratP4e Detsiks Chainnan Rerrfxt Report of the Trustees Independent Examir*r8 R8F¥yi to Trustees Stslemenl of Financkql ktivitss Note8 to the Finanaal Ststements Detail8d Statement of FinarKlal knibes
HOWARD CE WALDEN R•for•nce and Admlnistsatl¥8 Inforrnotion For Onded 31st December 2024 The Trustees charlty form its manag9ment Ix¥nmrttee. One trustee i8 nornIn8 ty the Archbishop of Canterbury, and by thè Mathne 8orcwh CtyJne41. Thè rernaining six trustees 1xptl by the remaining trust888. Every effort is made to ensure that the truste8 brAty cAtrIn$ a wide sFctrum ofskn.lb and eyrwKX, and that now tru8tsesjo¢ning famAk8nse thernse wrfh Ihe buliThJ and wrfh ptsviw5 d8asF)ns made atM)ut rts management and maintenan. The TNstees have adoptal the ponS ofAccA)untirKJ Rep)rb"ng by Charth"es'. Statement of R8comm9n(18d Pracc• 8FWthbl8 to rknnbes preparirg Iheir accounts in )rdance with the Finar1 Repting Stsndard appliCe in thè UK and the Rep of Iraland IFRS 102 leffectNe 1 January 20151. OBJEcnvES AND ACTIVITIES Stat•m•nt on publ1¢ lJ•n•fft The charitys as Stated in the scheme of 31st Marth 3x18. ts Ihe PTOVW Y ccmmunrty cntr• lor the r8shlents of Maidslone 8nd nwgthuthoc The tnJ5tees havg conwdored the Charity CcAnmswt guAJwu 1rdLhij thè 9ukJanc8'pUiC b8n•fft runnirg a thanty {PB21'. REFERENCE ANO ADMINISTRATIVE INFORIAATION N•m• •1 ¢h•rlty Chaty R•ghtrallon nufflb•r Prlnelp•l •ddr••• Bltt Str••t Kent ME14 2UG Tru•t••• Th& Iru8tees aTrJ offK•rs thJnThJ thfr yr and swic tre yvr •nd w• as Mr M FitzGerakl MBE Ichairnianl Mr Darren JummcKrfJw (Vte Chain¥n) Mr Ch%• ErrfJlLsh Mr W Cockuoft DL F PwKleT Mrg L Procl Ind•pond•nt Ex4fflln•r The Santhth ACcrrtanCY Grow* Lld 148 Dov•r Roth CT13(f Bank•rn Natwest Bank 3 Hyh Street td8idsto Kenl ME14 1HJ AFpro¥8d bythe 8oard ofTrus1 on its b8haWty Mr M FttG8rakl BE Ichaimianl
HOYIARD DE WALDEN Chalrn)ants Annull Rei Foryear endtd 31st Dewnber 2024 l am dèlighted to report n¥Jch dcom and glo in the county our ntre has had a very busy and rewarding year serving and supwrling our communty with inueased numbers for m05t usef gTOUPS. We do maintain our building lo a high starKlard but because of its construthon it is a high maintenance building so to help enswe can k8¢p any in charg9$ lo a nwnimum hav¢ had solar panels Iltted Iv our rcx)f hthich sit high up there in the and Ihis Shou start repaying us as we forward. I musl thank the Trustees lor aureeing to this Invest and th• fLdl btnth il start from n8xiyw. It IBVAth grèat Yne85 Ihat rty(wt the pasg)g of w Img ian Pat•fson wrkod tirelessly supporting th8 cartre espeaaty tho Trustses purchased tha $rte from Ihe Maldstontr Borough Councll. and he hdped ensu Centre develo lo b&sl sorva the ne&as of the (njnty il s8rv8$. Our thoughts and prayers arè with hlm and h18 lantY and fTWKI8. Much %%rJrk In l8rm8 of improvtrmBnl lo the t¥Jli dln9 has continued IhroughoLrt thè y?ar and the bullding IS lookSng in realty good 8hap8 and l thank our u8er fvr rrfking tOgethert¢ ¢n8ure we maintsln the hlgh ¥tsndards set. W¢ are Wess&J ith comnltted part thme stsff run Ihe day-ltrday organi$81ion and to our cleanervtho has r9al lrwDrk. Ow finarths arè m swod Shap8, and this loW us to eonb'rw¢ lo pgrade the building. Wg have strugglèd to attra(a nvV TAte69 ond S¢88&1)n pLgnning is still a d)8lleroe, but the lin has ccffi• for lo step dow) as Chair ofth8 Trusl¢s al Ihe 2025 AGM. I fe81 that the Htmrd de Walden Contre is part of my DNA ond I knth¥ that th• proposed new Chair. anothgr busy per80n. do an ox¢8lent b, I hav¢ 8ald. ifthe meeb.ng agrees, I wim stay on fot the ngxt year lo hdp ith tho transrtlon t11 Inclut1• lh8 charlty beC0nn9 mor•. W¥ Say. ¢orWerls•d. Thls repty1 Uj not b8 eorryfote me thanklrg spa 2 Be Me, the ch¥lty handle Ihe admwlistratron, our clgan&r, Ihe centre man8pr. and of tr8e Trustees for thdr dedlcats'on c7Mrtnl to maknng tho e•ntr• fit for purFP)•• to b•st s•rvè tho wn¥nunlty km. Chalr Mike FttGerald MBE
HOWARD DE WALDEN Report of the Trust••J For yoar endod 31st Dec•mbtr 2024 The Dir8ctorn. who arB also thtr T ofthe CharitatAe CoTryany preSeTrtthr annual report with the finanoal staleThnts for the year ended 31st De¢ernr 2024, prepared in aceudance Stment of Recomnnded Practice.. Accounting and Reporting by Chanties preparing their ajts in a(xa)rdance lti the Financial Reporting Standard aprjlicable in the UK and R•public of Ireland {FRS 1021 and the Finants Rep)"ng sdard apk4icabla In Ihe Unlted Kingdom and Republic of Irelan(l {FRS 1021 and the Chantios 2011 8tructur•i govemance and nMnag•mont Constitutlon The is govemed by 3 Sthem8 mad8 by Chanty Commissicthrs dated 31 Marth 2008. Thks replaced tho previous Scheme dat•d 12th January 1951. The rth¥ sdme. en in less arthw¢ language. rrm do8dy refl&ts the charity's CLirrent actsM"ti•s. a$ 0xaned undèr otyects oThJ ackn"e$ ts•1. M•thod of appolnkn•rrt or eloctlon ofTru8tsgs The trustees 01 the chanly fomi ils management c(¥rffithe. On8 trustee is nominated by the Arthbi$hop of can1eury. and tsyo by the Maid5tone Borough c(n¢11. Th• r•mainiro trustees ar• cgwted by the rerr4ining Iruslees. Every éffort is made lo ensure that th trustee body ¢)Jntain$ a wide specarum of Skills and gxpenenr, and that new Irustoes on joining Yamiliari•• th•m8olv•s wrth the buildiThJ aThJ Tmth previujs dwisions made abtsut rts manag8menl and maintsnance. R8iatsd partl Apart frorn Mai¢J8tone Borough CnCil hwng an involvement in the cartys managennt, thè tharity also maintain# close liaison with the Kent County cou1 of vthich trustee is a nxmber. and also the 'OCse of Canterbury nominatè Dr representsti as Trust•e. RS•k m•nag•mMt The management ttfflmitte• kew uThler I8nI revltrw the maic rf¥ks to thè ¢JMrlty18 expo8•J 4nd 888k8 to minimise Ènd miligale them. The COntte has In place o healu) safèty policy thvtiling all •$pects of the use of th¢ buildlng by the charity and by th• usorroLW who rnnt pe in ¢ and a thikl prOta pc4icy wlich tho ccffln en8ur#s 18 mat¢h¢d by s•p•rate pol11$ operatsd by eath rdevant user.gryP. Publ1¢ Bengfft The Iru$le8S t4lieve that theTr policy of making a¢0)mmodati a¥ailabl• to u8er4Jroups arKI indfviduals, from Maidston• and the neighbouthood, and gNing t•th8t•¥er other lupwt is po8&bkn to uaerThps. 13 for the publ benofil. as required by charty legislation. Golng concorn After making appropnate enquiries. the Trustees have a rSOnable exc'0 that the charity h¥$ adequate resources to continue in operational existence for the foreseeable future. For this reason they conkn.nue lo adopt tho going concem basis in waparing the financial slments. Further details reg¥ding the adoption of the gcing concem basis can bo found in Arntir¥ PdKAO1. Flnanclal The Charty'g total inCon9 resources for the year ended 31" DKember 2024 lotalled £80.331 12023." £102,413). Resources expoTrJed totallgd £89.488 {2023.. £58.455). fid balart al 31 D•rAnber 2024 was £590.583 {2023'. £579,740) Prlncipal funding conb'nues to be thrgh the renting of rooffts within the fJJikling' granis r1ve¢ dunng the year amounletl to £NIL12023.' £NIL).
RtrS policy The Twstses have detemined that de Walden cOnLty Cwttre sthtd seek to maintain a levd of resèrv8$ as follows.. .Onrestricted general rrve equwalent to 12 nbxrths of ld9&d nThing costs •Designaled resoms to a¢¢uTh¥Jlated fvrKls for spe wrposes as deteThrId by thè board from timè to tsme. .&estricted reserves to the extent that rnCe11 for rtstri purp)8es have rH>t yet l)een fuly expended. UnroStrl¢tsd gon•ral reser¥•s The holding ol Iree resewves is to enable Hrd d¥ Wden Comnwjnty Cer)tre to cLMts"nue lo financtal obligations as they fall due should income fll signffi¢anlty behind budurt This would enable charity to me8t conlraetual liabiliti'e8 while the Trustee8 revrew finanoal frecaSts and r8asse8S the swNices offered In the everrt of tsasing to oper¥te. tha fr88 reseN¢¥ are exF¢Cted to be wJrruent to cover the ¢))sts of any eontracl temwniorffj. Th• level of free resatves lo ba rovwmd 8t least hall ygwty against the polity when th& optimal l•vd of fr•a reBerveB ¥hould rg••••ss¢d D•$ignated re¥eryes of a. Roof replacement costs É125,000.C#) a$ recommondod on of bulhling. b. Refuibishment costs £15.000.00 for rAffent year. Thg Tru#tee$ also •groed any suU$ fimd8 twnd th arrnts In re88Ne ctyjld be LMe(I for tha i)enefit of the Communrty Centr•. It ws¥ agreed that suwus funds could be 45 folluws.. .Thb give financial support to existing community acliviti•8 il required .Itb give financial $upport to devdopment of nthy community a1¥0) and 3eThI• .Ib purchase addrtional equipment fry th& of th• C(xnnNrity Cwrtre u$8r grp# andlor raplac• existing wuipment roquired .D make improvem•nts to th• ComThwJnity Cortre to mtht it ftKY• and aping Iro promot8 the Community C•ntr• through th? printiNJ of FQSters and ltrafiots d8v•Wnont of th• w8bstt• 8UPPOrt tralning ne8d8 of C¢Jnmunity Centre VdunIeernrslee8 .ro support employ menern of staff to work for the CownxsnQi Centra to •natd8 it lo meet its legal r•qulréments and to provid• addOn Support for voluntewWTrustegs to addilional athjties and into th• Communty Cantro. Th• Trust•88 will corraSder on a r•gLrfar basi$ t levels of fvnding that tt tNJld8 aTrJ hey th18 ldir¥j can b• used for thé benefll of the ComThwnlty Centre and rts as8wated aclivitth and sor¥ic88. Pl•M for th• Futurn The Truste8$ plan to contTrrKJe to rent the building to I) grwp$ and rnwd•nts. and for ¢oitnuou$ improv•Ml of th• buildin9 and the surfndIra grounds. ststemont of Trust•ts Respon$ibilit5es Charity law requires the trustees to prepare financ4al ststements for each year whith give a true and fair wew of the disposition of the net assets of the charity and of rts finanaal tran¥aciion5 for that year. Tho trustees aro requirad to". ' golecl suitabl• accourrtt'ng poliaes and ap them c¥)n8tenty ' make judgments and •sts"mates that are rea$cable and wud•nl ' Prepa the statem•nts on a going t4Sis unle88 that is naPF4te The trustee5 are responsibb8 for keeping proper a(c¢JJnting recuds whth disdose wth Teasonabte accuracy al any tim8 the financial wstbon of the charty and engble them lo ensure that the financTal statements Comply wth charity law. They a alsu responsible for safeguarding the assets ofthe (arty. herKe for takn.ng reasonable steps for the prevèntion and detection of fr8ud and other itregulanlm.
Governanc• of the Ch•rity The trustees have a further duty to ensure that the govwnance of the tharity is condle lo the highest standard5. This, in this charity, is accept•d as being the rwYx)silylity of the trustees arxl that beiry $0, there can clearfy be no monetary costs attached to thes• ath"vities. The expeI1re l)eading in the Slatement Df Finanual Aclimtses under which govemance would have been induded had there been any suth oxpofKlttJre, is'rrAnagoment and administrats'on-. No mention 1$ made of governanc• under that heading sinwty bèous¢ no resources worè $0 expended. The Irustsos confinn, however, that it is their beliefthat they have proFedy met Iheir otAigab"ons in this regard. Signed on behalfof Tru Mik• FitsGerald M Chairman Dats..
HOWARD DE WALDEN CENTRE Ind•p•ndent Ex8miner8 Report to the Tru8tO08 For year end 31$t Decembor 2024 I report lo the trustees on my examirtation of the aCunts of the tharity for the year ending 31st December 2024. Re8pon*lbllltles and ba•18 of rnport A¥ the ch8rity Iruslees, you are wponsth for the preparation of the accounts in accordance wlh the requirsn of the Charities Act 2011 1.the 2011 Acti. I report in respect of my examination of the charrtys accounts eamed out under section 145 of the 2011 Act, and in Carrng out my examination I have folkh¥ed all the applubl8 DireehonÈ givon by the Charity GnMl0 under SeCtn 145151{b) of the ACL Indep•nd•nt Ex•mln•rn St•t•m•nt I have cometed my examination. I confimi that no matters have come to my attention in conneth'on wth tho examinatson giving mé caus& lo believe that in any malarial resl 1. accounting rec$ not kept in respecl of the Chanty as required by se¢lDn 130 of the 2011 Act or 2. the account$ do not accord with Ih¢X6 iecord$". or 3. the accounts do not comply wth the appl requirwTrents concerning the fcrfm and content of accounts out I the Chanties IA£counts and Rerts) R&Julalions 2008 other than any requirement that the accounts givo a Yrue and fair which 18 not a matter con8lder¢d 88 part of an independent examlnalion I have no conc8rn¥ and have come acro88 no othw matters in connectK)n with the 8xaminabon to which attention should b8 drawn in this report in order lo enable a prOr undgrstandiTrJ of the account8 lo be ached. Mfs J Wilkinson FIA44T FICB Accountant The Sandweh Aeeountan¢y Group Ltd 148 Dover Road Santhich Kent CT130DD
STATEMEXT OF FINAFKIAL ACTMTIES FOR THE YEAR ENDING 31 DECEMBER 2024 IlncludFng Iorn• & E11 A¢count) Lknr•tri¢tsd Ro•trlct•d Tot1 fund fund fund8 2024 2024 fvnd8 2023 INCOME from charitsble activrts c&)natior & grants lire of premi Oth8r 5911S 25 25 In¢ome nStMentS InNwtrn8nts 43298 Total inc¥)me 80331 80331 102413 EXPENDITURE Exp8nditure on tharitth acti¥th• Other expendrture Total ¢yn8es 84258 5232 84258 S232 54012 NET MOVEMENT IN FUNDS 43958 FuTrJs brought fOrard 184 S184 512226 FuThJs carrnd forw8rd 567027 $87¢)27 556184 JI the abov• aro d8thd CAthn9 Arkn. T1 8r• no other w'nb ry k*909 other th•n Ih050 8hovm 8bov9
I#)WARD DE WALDEN CENTRE Fund• 2024 Fund• 2023 FIXED ASSErs TaThJibl8 ass Investhnts 151235 151647 413318 393311 $53 544958 CURRENT A&8ETS Debtor8 C88h at bank aTrJ in hwbs 510 36150 36660 28051 29105 CREDITORS Amounts lalkro dL wthin y 3075 1878 Ngr ¢URRENf ASSETS 34782 NEF A88ET8 S90593 079740 Ger1 unr•6ln"ct•d lund Revaluatron r888 Totsl R•••tv•• 567027 23556 $906 658184 23556 679740 Th• finn4•1 •t•t•rrnnl• r• •pwty4•d by I•• by Bo*rd •nd on h b•haW by Mr M FfqGer¥ld Truslee E ICh•lThrnnl
B41$ ol pryraiion d RepuNK ol ItBkntt IFRS 102) 16Jdy2D14 Kkqth)m (FRS 1tr21 aTrJ Ir trortb86AL#2011 ¢h•ng• o11¢ng the cMY Fin4n0aiAthe1 84nk • ¢••h •g¥e# ha8 • pre obliyboD r•wY4rlry¥n • F•twrtth•t•l r•wjtt the Pty •nd ll Totsi Toithi fw 2024 2024 Mlreof $9116 25 90324 324 5911S fvnd Totsl T(4* fuThib 04 54012 54012 T4x•I
)23 5232
6 A116ts Ti81 Cc6t IStJ•HJary2024 AthYttis DI$pL Ctst at318t D&xrthr24 15369 153699 Dwlakn ot 1stJrnY4 DewEryatM i) 412 412 Net br#)k ¥43181 Dthts¥o4 151236 Net at 318t C•2orts 1647 151647 Tai T 2024 2023 Th1• h •tthd Ar£ounlantyfee¥ 575 2024 Prepoym $10 S1¢ 1054 23 Cr8dMors 2446 1278 )7$ 1878 Mov•m•nt In 14mOb UnNrt•dfufi O•¢ w24 S58184 556164 $87027 ¥87027 31 •¢ 2023 512228 512216 102413 10241J se455 184 560184 11 ThMnOFI
HOWARD DE bYALDEN CENTRE D8tslled Statement of Financlal Acti¥lti¢¥ For the year ended 31¥t Dec•mlJer 2024 INCOME AND ENDOWMEp¥r 20 Donatton8 and l•gae 2023 Ocfflaticffjs & gr8nts Hire of pffjrni8es Other income Totsl Incomlng re•ourc 5911S 25 60324 59115 8UPPORT C08T3 Insuran Centre manager Repairs and maintenanc• Long lemi maintenance ¢¢618 Electhc4ty Gas Wator Cl•8ning Waste YJisFrf>sal General con$umabl8s CCTV Website Bad debt Depreclation Expenditure on th8nlaNe actiths 2915 2878 27e 2537 15273 15$ 323S 11269 28319 8215 1015 7274 757 1478 116 412 64256 550 54012 ADMINISTRATION cr/space 2 Be Me Aecount8ncy Gera1 administrab'on expanws 575 5232 Tot•1 fg•ourc•• •xpondod N•t Incom• befor• In•1m•ntr Inc 191641 In¢om• Irom Inv••tments Itwestments NET INCOME 10843