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2025-03-31-accounts

THE DRILL HALL CHEPSTOW CHARITABLE INCORPORATED ORGANISATION REGISTERED CHARITY NUMBER 1168818 TRUSTEES REPORT 2024 - 2025

The Drill Hall Chepstow CIO was established in August 2016 to submit a capital asset transfer to the big lottery it was successful in the 1st round received a grant of £41,665 in October 2017 towards legal and professional costs.

Unfortunately in February 2018 we were informed that stage II of the lottery bid had been unsuccessful.

Chepstow Town Council holds the lease of the Drill Hall from Monmouthshire County Council.

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The Drill Hall CIO was not active in the management of the Drill Hall during the year of this report but held discussions with Chepstow Town Council.

In 2024 Chepstow town Council signed a new lease for the Drill Hall with Monmouthshire County Council and offered to the Drill Hall CIO the opportunity to take full responsibility for the hall. The terms of the lease negotiated between the 2 councils were deemed unacceptable by the trustees of the CIO who considered that they would be taking on responsibilities that they could not sustain. The town Council have now decided that the council will manage the hall directly. The CIO will have no role and will therefore be disbanded during 2026.

The charity had no income during 2024 -2025

The Drill Hall Chepstow Charitable Incorporated Organisation Accounts 1/04/24 to 31/03/25

Income received £0

Expenditure £0

John Nigel Garth Heywood MBE trustee