Registered Charty.. 273050 Cossington Village Hall Financial Stalements for the year ended 29 February 2024 Income and Expenditure Basis with Independent Examinerfs Report Accounts prepared by". Karen Nobes BAlhonsI, ACM& CTA Polden Accountants Ltd Poplar Farm Burtle Road Burtle Somerset TA7 8NB Polden
Cossington Willage Hall Trustees Annual Report for the year ended 29 February 2024 The Managing Tru5lees' present their Report for Ihe year ended February 2024 whith should be read in eonjunction wth the ottoched Financiaj Stslement forthe year. LEGAL STAT Cossingion village Hall wa5 erected in 1921 by local parishioners in memory of those who died during the Great War of 1914-18 and was administered by the Management Truslees in confomity with the Trust Deed dated 18 SeplembeT 1962 for the use of the inhabitants of the Parish of Cossington and the neighbourhood. The 3rte of the hall was exchanged for a new hall on18nd just behind, whith wa5 completed in Oct4Jber 2011. Folknwing this, the orKJinal Tiusl Deed was Tevised on 7th January 2013 to which il now conlomis. Thè Orlginal Custodian Trustees: John ArlhLFr Church The Rev. T Vodden S8mu81 Stradling Ivor Bell Patron of the L5ving of Cossington {Deceasedl Rector of the Parish Church {Deceased) Churchwarden {D35ed) Parish Counallor (deceased) Cossinglon Village Hall was vesled in the Official Cuslodian for Charilies for all ltte Estat8 and lftleTesl lo be held in Trust for the Ch8rity and sealed By Order of the Commissioners dated 5 June 1979. The new hall was similaty vested In Ihe Offiual Cuslodian on 24 August 2012. THE MANAGEME[ TRUSTEES The Management Committee ¢tsnsists of six members elected at the Annu81 General Meeting six appointed members, one from each of the six organisaiions a5 slaled upon the Trusl Deed, and may include nol more than 3 c¢> opted members. Elecied and Represen18tive Members are the Charity Tnjstees and afe responsible for Ihe control and management of the administration of the Charity under the Charity's goveming document. RESPONSIBILrrY FOR THE FINANCIAL STATEMENT The Trustees are responsible lor the prep8ralSon of the financlal slalements and for keeping proper accounting record$ which disclose the financial position of the Charity. Th& Trustees have elected lo prepare the financiol siatem¢nts on th income and expendilure basis. REVIEW OF THE YEqR As stated lasl year. it might be a while before'nomiof is re-establi5ed bjl w• seem lo be holding our own for ncyw. We have again this yeargeneraled a sfflall excess of tsicome over e¥pendtture despite the cost of everything increasing alamingly. especially electr¢aty- Hire fees are coming bad( up after lockdown. an increase of£10.000, but lo counter that, expense5 have also risen, eledritily being the main one as mentKJned. Sundry expenses thi5 year (whith indudes things like TV licence and Premises linCe} ara down this year bacause there w&re some kitchen *lems indude(I la year. Bank b8lan¢es remain healthy and will enable us to cope wth whatever Ihi5 yèar will bring.
Cossington Village Hall Managing Committee Members as at 29 February 2024 Chair VI Chair Secretary TreaSur Other Committee Members P Moore T Lind C Walson K Brown D Bloodworth K Cooper Elected Elected Elected Ele¢ted Elected Elected Representstive Members D Greatorex M Dare JGUY R Pope K Smith J Philcox Cossingion Bridge Club Cossington Parish Council Cossin9ton Parochial Church Council Vintage Motorcycle Club Cossington Badminton Club Stepping Out In Somerset The Independent Examiner for the Trustees is.. Polden Accountants Ltd Poplar Farm Burtle Road Burtle Somerset TA7 8NB
C0s5ington Village Hall Independent Examinefs Report to the TfUStee$ of Cossington Village Ho11 for the year ended 29 February 2024 I report on the coUnt$ of the Trust for the year ended 29th February 2024. Respective responsibilities of th8 trustees and examiner The charitys IrLtstees are responslbfe for the preparallon of the accounts. The charitys trustees consider that an audit is not required for this year under section 14412} of the Charities A¢t 2011 (the Charities Act) an(J that an independent examination Is needed. It is my SpOnsIbl11ty to". examine the accounts under gection 145 ofthe Charities Act, as arnended" to fotlow the procedures laid down in the General Directions given by the Charity Commission urKler section 14515llbl of the Charit(es Act,. and to slate whether particular matters have come to my attention. Basis of independent examinerfs ststement My examination was c8rried out in accordance with the General Directions given by the Charity Commission. An examination includes a of the accoynting records kept by the charty and a comparisL)n of the accounts presented with those records. It also includes consideration of any unusual items or disclosure5 in the accounts. and seeking explanation3 from you as trustees concerning any such matters. The proceijures undertaken do not provide all the evidence that would be require(1 in an audit and consequently no opinion ig given as to whether the accounts present a'tyue and falr view, and the report is limited to those matters set out in the slalement below. Indepgndgnt examinerf5 ststemenl Records are kept in the appropriate mannerwith svpporbng documents being retsined accordin91y. In the course of my examination. no matter has come lo my attenlion: which gives me reasonable cause lo believe that. in any material respect, the tnjslees hove not met the requirements. to keep accounting records in accordance with section 130 of the ChaTities Act.. and to prepare accounts which accord with the accounting records and comply with Ihe accounting reqU1MentS of the Charities Act,. or lo which, in my opinion. attention should be drawn in order lo enable a proper undersl#nding of the accounts to be reached. Karen Nobes BAlhonsl, ACMA, CTA Poklen Aceountanls Ltd Date." 26 April 2024
Cossington Village Hall Balance Sheet as at 29 February 2024 2024 2023 Fixed assets Hall Redevelopment Costs Note 1 151,870 151.870 151.870 151,870 Current assets Bar Stock Bank Accounts 2.109 45,181 1,774 42,309 47,290 44.083 Net assets 199,160 195.953 Represented by.. Capltal account Unrestricted Restricted andlor Designated 47,290 151.870 44.083 151.870 199,160 195,953 These financial statements were approved on by all the trustees and are signed on their beh81t. Chair P Moore Treasurer K Brown Note 1.. A reinstatment valuation of the hall and premisers was carried out in January 2022 by suryeyors athng for Allied Westminster Insurance. The valuation given was £1,416,667.
Cossington Village Hall Summary of the Financial Statements as at 29 February 2024 2024 2023 General Fund Receipts Payments 31215 -28009 3206 20549 -19423 1126 Add". As at 1 sl March 2023 Current account Money Manager 2,578 39,731 42309 2.114 39,668 41782 Other. Bar Stock 1,774 1.175 Total Funds 47,289 .083 Represented by: las at 28th February 20241 General Fund Current Account Money Manager 1,851 43.330 45181 2,578 39.731 42309 Other: Bar StrKk 2,109 1,774 47290 44083
Cossington Village Hall Income and Expenditure for the year ended 29 February 2024 2024 2023 Receipts Hall Hire Feed In Tariff Bar Profits Sale of Fumiluie Grants Donations Interest re1vable 24,674 2.705 3.037 14,567 2,583 2,884 80 360 12 63 20,549 200 599 31,215 Payments Light and heat Gas Insuran Water Rates Telephone Cleanerfs Salary Cleaning Materials Hall Maintenance Electrical Maintenan Garden Maintenance Bank charges Expenditure on Events Piano Tuner Consumables Somersel County Council Performing Rights Society Printing. Postage and Stattonery Advertising and PR Sundry expenses Independent Examiners Fee 9.158 104 2,050 770 480 2.688 488 3,379 4.986 2.089 94 53 170 309 100 176 18 302 525 70 28.009 3,113 1.920 509 620 2,093 394 2,069 4,612 1.465 92 160 155 700 151 63 789 940 70 19,423 Surplusforthe Year 3,206 1,126 Note 1 Bar Income 7,217 7.866 Bar Opening SCk Bar Purchases Bar Closing Stcck 1.774 4.393 2.109 1.175 4,833 1,774 {4.0581 14,234) Bar Labour Costs Bar Square Fees {612) 1136) {722) Bar Profil l {Loss) 3,037 2.884