HOWARD DE WALDEN HOSTEL CHARITY
The Charity maintains a hostel for the residential accommodation, recreation and instruction of young people of the town of Maidstone employed within the said town or the neighbourhood thereof, and those attending a course of instruction at a recognised place of education in Maidstone.
Objects
(A) THE ESTABLISHMENT AND MAINTENANCE OF A HOSTEL FOR THE RESIDENTIAL ACCOMMODATION, RECREATION AND INSTRUCTION OF YOUNG MEN AND WOMEN OF THE TOWN OF MAIDSTONE WHO ARE EMPLOYED WITHIN THE SAID TOWN OR THE NEIGHBOURHOOD OR, IF NO SUCH PERSONS CAN BE FOUND, MEN AND WOMEN ATTENDING A COURSE OF STUDY WITHIN THE SAID TOWN OR THE NEIGHBOURHOOD.(B) PREFERENCE MUST BE GIVEN TO WOMEN IN THE ALLOCATION OF HOSTEL PLACES.
Financial health, per its FY2026 accounts
The accounts state that unrestricted reserves stood at £154,037, which the trustees consider sufficient to cover the costs of running and maintaining the hostel for the next 12 months. The charity reported a net decrease in funds of £402 for the year, driven by charitable expenditure exceeding income, though investment gains partially offset this loss.
What the accounts disclose
“Trustees aim to hold reserves sufficient to cover costs of running and maintaining the hostel for the next 12 months.” — page 5
“All Trustees give their time freely and no trustee remunation was paid in the year except a small honorarium paid to the Treasurer which is agreed each year by the Board of Trustees.” — page 6
Policies the charity declares
- Internal charity financial controls policy and procedures
- Safeguarding policy and procedures
Trustees
- Fr John Francis Ainsliechair
- Carole Smith
- Elizabeth Rose Deane
- JEAN IRENE SWEETMAN
- MARGARET DOROTHY JOYCE SMITH
- STEPHEN MICHAEL RING
- Vanda Rachel Seeley
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £91k | £97k |
| 31/03/2025 | £80k | £84k |
| 31/03/2024 | £68k | £72k |
| 31/03/2023 | £65k | £64k |
| 31/03/2022 | £64k | £62k |
Common questions
Is HOWARD DE WALDEN HOSTEL CHARITY financially healthy?
Per its FY2026 accounts: The accounts state that unrestricted reserves stood at £154,037, which the trustees consider sufficient to cover the costs of running and maintaining the hostel for the next 12 months. The charity reported a net decrease in funds of £402 for the year, driven by charitable expenditure exceeding income, though investment gains partially offset this loss. Its FY2026 accounts were independently examined.