Cosy Hall Co
munity Trust
Financial
tatements
For the Year Ended
1st December 2024
Contents
Page
Tndepend¢iit Examiner's RepoIt
Statement of Financial Activitie
Balance Sheet
MoveAnent of Funds
ANNEX- RESERVES & INVE '
TMENT POLICY
Charity Number 514505

INDEPENDENT EX
MJNER'S REPORT
TO THE TR
STEES OF
COSY HALL CO
MUNITY TRUST
I. have conducted an independent exainination of the fi
year ended 31st December 20?A, as set out on pages 2 to
¢ial ststements of Cosy Hall Coimiiiullity Trust for the
Respective Dutie$ of the Tiwstee8 and E%rdminei'
As Trustees you ar¢ responsible foi the preparation of t
of procedure5 specified in the General Dii'e¢tions given
the Charitie5 Act 201 I, whether partkciilaT matters have
accounts. It 15 my responsibility to Mate, on the basis
y the Charity Commission¢rs Linder Section 14.5(S) of
me to my attention.
Bftsis of independent Examin¢r's Report
My exaniination was carried oiil in accordan¢e with the
The examination includes a review of Ili¢ a¢eounling
acrounts presented Th'iih th¢)se records. Ti also includes
accounts. and seekin&y exp18nations from you as tru
undertaken do not provide all the evidence that would b
ali opiiiion on the view gilv￿7 by the accounts.
nei'hl Directions given by the Charity c￿mMIsSion¢F3.
e¢ords kept by the ChaTity and a comparison of the
nsideration of any unusual itenis of disclosures in the
l¢cs con¢erningy any such i)iattei3. The procedures
required in an audit. and consequently I do not express
Independent Eyaminer's Stafement
No matter has come to my attention with the QK&min&ti
mateiiAI respect accounting records l)ave not beeii kept
or that the accounts do not ac¢ord with those records.
which 8ave me re&son8ble ¢Riise to believe that in any
ftccordanre Mqth Section 130 of the Charitie5 Act ?01 I
No otlier matters liave come to my aft￿ltiOn in conne
drawn to enable a proper understanding of the account5
ion witli the examiilation to wliich atteiition sliould be
be leached.
Elizabe
Vokes
Date..
81%12g

STATEMENf OF FINANCIAL ACTIvrrtES
FOT the y.eai' ended 315t Decembei. 21124
Unres
cted
Restricted
Funds
Total YIE
3111?J24
Total I"IE
31112123
lttcome
In¢oine from liii'inbs
DOl￿tionS and fun&Taising
Iiiterest
Other income (e.¥ Pholocopyin¥)
'£41.1?4.
116.
'£ 3.005.
180.
'£ 41.124.92
116.94
'£ 3.005 01
180.00
'£41.586.17
252.45
'£ 2.S78.44
269.75
'£ 44.426.
Total Income:
'£44
26.87
.81
Expenditure
Salaries, PAYE and NIC (and Cleaning,)
Maiiiteimiiee aiid Testin
Gas and Electricity
Iiisur8n¢e
Wat¢i' hnd Drail￿ge charges
Administrative and Janitorial expenses
Telecomtns
Liceiices and Subscripiions
C8Pltal Jteins
.£ 18.82
.£ 4.90
.£ 7.761
,£ 2.54
81
,£ 2,06
86
,£ 1.17
93
.£ 18.825.39
,£ 4.907.94
,£ 7,761.36
,£ 2,544,54
816.46
,£ 2,066.18
.£ 19,279.8%
.£ 3.176.03
,£ 15.424.70
.£ ? 525.81
532.99
,£ 2.056.38
54
18
.£ 1,178.06
938.77
850.06
4(10.00
77
o.fj
Total Expenditure:
'£ 39 899.05
'£ 45 142.39
Bauk A¢¢ounts (pence rouoded)
Curr¢nt
iiprest
nd P.C.ash
co
(Deposit)
Total
311121?4
Total
311121?3
Openingl balaiices a5 at 1st Jat)
Plus - Receipts
Transfers from other al¢s
Interest
Less- Payments
Transfers to other alcs
Cltsrges
'£ 28,585
'£ 40.474
'£ 3.005
£ 1.6?2
948
'£ 3,000
'£ 60.000
'£ 90,207
'£ 41.422
'£ 6,005
'£ 90.663
'£ 42.108
'£ 4,278
'£ 2,578
-£ 4S,142
-£ 4.278
'£ 3.005
-£ 3$ 221
-£ 3,000
-£ 4,674
-£ 39,899
-£ 6.005
'_£ 3,005
c.losing Balances a5 at 31 st De¢
896
'£ 60 000
'£ 94 736
'£ 911,207
Pa

BALANCE SHEET
As al 31st DeceDJber 2024
31/1?J94
Net Book
Value
31112123
Net Book
Valiie
Original
Cosl
Cumulative
Depreciati(
Fixed Assets
Land and buildings
Furniture, fitttngs and equipme]it
Offjce equipm¢nt
'£ 345.429.
'£ 72.188.
'£ 6.554.
'£ 345.429.91
'£ 5.262.43
449.38
'£ 345.429.91
5.388.30
69.99
'£ 66.926.52
'£ 6,105.S7
'£424 173.
'£ 73 032.09
'£351141.72
'£ 350 888.20
Small capital items with a valiie of le5S than £200 &r¢ ful
'ritten-down the yeai. of purchase
Cui'rent Assets
3111?124
31112123
Baiik Balances C.Iirrenl Accouiit
Iinprest Account I Cash
On Dcpo8it
Net Current AsJet5 1 Working CApilal:
'£ 33.8
9.55
5.-$4
'£ ?8,.fj8S.48
'£ 1,621.79
'£ 60 000.00
'£ 90.207.27
'£ 60,0
'£ 94.735 09
Total Assets:
445 876.81
'£ 441095.47
Leyg.. Creditors
(Amounts falling due within one year)
(Amounts falling due after oiie yep¢T)
TotNI Net A$i¢ts
'£44S 876.81
'£ 441095.47
Capital And Funds Employed
31112124
3111?123
Restricted Fuiids
UA)restricted Fund5
'£ 350.198.71
'£ 95 678.10
'£ 3$0,198.71
'£ 90 896.76
'£ 44109.S.47
'£ 44q 876.81
Re5triGted Fiinds:
Fixed Asset5
Curyent Assets
'£ 350,089.71
109,00
'£ 350,089.71
109.00
'£ 3fj0 198.71
'£ 350 198.71
Unrestricted Funds..
Fixed Assets
Designated Current Assets:
Expected maint¢naiice
'£ 1,052.01
798.49
0.00
'£ 8 000.00
'£ 8,798.49
'£ 82,098.27
'£ 9.052.01
Undesignatd CurreJ)i Assets
Less Creditors
6.09
'£ 86 626.09
'£ 82.098.27
'£ 90 896.76
'£ 441.O9S47
'£ 95678.10
1£ 444 1176.81
ge3

Movenwit of Fund$
Unregtrict
Restricted
Total YIE
31112124
Tthal YIE
31112123
Balances brought fornAI'd at 1st Jan.
Net income for the year
New assets
Less depreciatio￿ of assets
'£ ￿,896
'£ 350.198.71
'£ 44J,09S.47
'£ 4.527.82
938.77
(_'£ 685.25)
'£ 441￿3£￿0
(.'£ 455 58
400.00
(_'£ 384.25)
938
(_'£ 685
'£ 95.678
10 '£ 350.198.71
Balances ￿LTIed folivAl￿ at 31st Dec.
'£ 445 876.81
'£ 441095.47
These accounts were approved by. the trustee
signed on their behalf by
at tlie meeting? on the 27th March 2025 and
M Wiggin
Cliairman
G Spurr
Treasure

ANNEX A- RESERVES AND INVESTMEN
POLICY
Cosy Hall Community Trust, owns and opera
running costs entirely from lettings income, i
other good causes. Any Surplus monies froin
required for day-to-day running, are held to me
terni instruments to produce incorne or for capi
to protect the long-tern] financial security of tl
s a community building. It aims to cover its
does not routinely fund-raise for itself, or for
ornial operation, gifts and bequests, etc.. not
t contingencies, and may be inv¢sled in longer-
I growth, as pennitted under the Charities Acts
chaiity and of the service it provid¢s.
The Reserve Fund is an Unrestricted Fund, a
any purpose within the Trust's objects.
both the capital and income may be used for
Notwithstanding that money may be held in re
Truste¢s may also from tiine to time seek gra
funding bodies.
erve. OT in strat¢gic long-tern] investment5, the
t assistance t'or specific projects from ¢xt¢rnal

for the Year Endin
31. December 2024
l. Trust¢es', Trustees during the year were:
Presi
nt and Hol
Mrs. S. Miles (Hon President, Holding Trustee unti
15° January 2024)
Mr. T. Bentham (Holding Tn￿tee)
Mrs. K. King (Holding Trustee)
Offi
Mr. M. Wiggin
(Hon Chair)
Mrs. J. Sterling
(Hon Vice Chair)
MT, G. Spurr
(Hon Treasurer)
Mr. D. Clancy
(Hon Assistant Tr¢asur¢r
Mrs. M. Wynn O.B.E. (Hon Secretary)
tative and
Mr. 11 Berrow
Mr. P. Crewe (Newport Town Couttcil nominated)
Mr. T. Forrester
Mrs. S. Wi88in
es
2. Principal Activiti¢s
The Tnjst is a registered charity whose principal
the community of Newport to be used for meetin
other fornis of leisure and recreation ￿tIVities.
vity is to provid¢ the facilities of a village hall for
, classes, lectures and public perfornw]c¢s and for
3. RevAew of the Year
The facilities of the Hall continue to attract enq
community. As a r¢sult, Cosy Hall has a substanti
from organisations alld individual members of the
number of regular hirers, as well as many 'one-o
Cosy Hall continues to k committed to the wel
courses, and facilitated hosting for PSA Prostate
of Newport residents, and has hosted FArst Aid
cer AwaTen¢ss Events.
Cosy Hall has tak¢n steps to ensure that its energy
hiring charges for 2024 to the same lev¢ls as in 20
ontract is competitive. which has ¢nabled us to peg
We h&v¢ also not￿ the fortbcoming implementa
system in order to SafegU￿d staff and hirers.
on of 'Martyn's Law, and installeAI a 24hr CCTV

4. Significant Events
The single most significant event in 2024. was
Trustee Susan Miles M.B.E. on 15 January 2024
No-one else could have had the vision and d¢t¢
transforn￿d into the much valued building we
groups and individuals over the years. She will be
sad death of our Founder. President and Holding
Sue was au inspiration to everyon¢ wbo knew her.
nation to see that Cosy Hall could be resC￿d and
today ￿terIng to the needs of many community
tly missed.
Signed on behalf of tbe trustees
,,ryinlcLJ
M. Wiggin
Date: 2410512024