HUNGERFORD LIBRARY & COMMUNITY TRUST
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2025
The trustees present their report with the financial statements of the charity for the year ended 30 September 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The principal objective of the charity is to provide a Community Hub Building for the residents of the Town of Hungerford. This community space is used to promote education and social events.
PUBLIC BENEFIT
The charity's trustees have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission; the trustees consider that the charity meets the public benefit requirements of the Charities Act 2011 by carrying out its stated aims and objectives.
ACHIEVEMENT AND PERFORMANCE
Fundraising and Grants
The trust continues to raise funds through fundraising utilising a number of methods including book subscription membership from local residence and businesses amounts range from £5 to £100. To date this sponsorship and other donations has brought in approx. £20000. The local Town council also provides an annual grant, this year the amount was £10,500 The charity raised funds to support a new project to install solar panels at a cost of. £25,000. The panels were installed over the summer 2025.The trust are now benefitting from reduced electricity bills and a greater green footprint for the building.
HIRE FEES
The trust hires out the building (when it is not being used as a library) to local organisations and businesses. The revenue from Hire Fees is now.£3141.The front office space now called The Curve and is being used as a community shop opening 4 days a week. The Curve sells locally produced arts and crafts on behalf of local people for which it receives commission on sales to boost the Hubs revenue (approx. £3500) was made in 2024/25
FINANCIAL REVIEW
The charity took over the operation of the building on 15[th] June 2018 , The accounts shown are for the 7th full year of operation from 1[st] October 2024 to 30[th] September 2025 with a surplus of £8309 was achieved.
The charity has been in operation for 7 years now and is in the process of building up reserves to a suitable level. The during financial year 25/26 the Charity aims to increase revenues by more hiring out the building and holding its own fund raising events such as quiz nights and poetry evenings.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity was registered with the Charity Commission of England and Wales on 8[th] August 2017 and adopted a constitution as a Charitable Incorporated Organisation.
Recruitment and appointment of trustees
The chairman Mr Keith Knight and all others are "ex officio" trustees as prescribed in the Foundation's constitution.
Organisational structure
The structure of the Trust includes the governing Board of Trustees as well as the Hub Planning Committee charged with driving forward initiatives and fundraising based on the aims of the Trust.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2025
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number 1174118
Principal address Hungerford Hub
Church St, Hungerford RG17 0JG
Trustees Mr Keith Knight - Chairman Mrs Christine Hodgkin Ms Sarah Chatters Ms Jane Simpkins Mr Neil Marney Mrs Kathy Rough
Approved by order of the board of trustees on 23[rd] June 2026 . and signed on its behalf by……
…………………..
Chairman of Trustees
Hungerford Library & Community Trust Charity No (if any) 1174118 Annual accounts for the period Period end Period start date 01-Oct-24 To date 30-Sep-25
Section A Statement of financial activities
| Recommended categories by activity Guidance Note Incoming resources (Note 3) Income and endowments from: Donations and legacies S01 Charitable activities S02 Other trading activities S03 Investments S04 Separate material item of income S05 Other S06 S07 Resources expended (Note 6) Expenditure on: Raising funds S08 Charitable activities S09 Separate material item of expense S10 Other S11 S12 S13 Net gains/(losses) on investments S14 S15 Extraordinary items S16 S17 S18 Other gains/(losses) S19 S20 Reconciliation of funds: S21 S22 Total Net movement in funds Total funds brought forward Total funds carried forward Total Net income/(expenditure) before investment gains/(losses) Net income/(expenditure) Transfers between funds Other recognised gains/(losses): Gains and losses on revaluation of fixed assets for the charity’s own use |
Unrestricted funds Restricted income funds Endowment funds £ £ £ F01 F02 F03 31,907 - - 6,641 - - - - - - - - - - - - |
Total funds Prior year funds £ £ F04 F05 |
|---|---|---|
| 31,907 36,860 |
||
| 6,641 2,554 - - - - - - - - |
||
| 38,548 - - |
38,548 39,414 |
|
| - - - 30,240 - - - - - - - - |
||
| - - |
||
| 30,240 28,017 - - - - |
||
| 30,240 - - |
30,240 28,017 |
|
| 8,308 - - |
8,308 11,397 |
|
| - - - |
- - 8,308 11,397 - - - - |
|
| 8,308 - - |
||
| - - - - - - - - - - - - |
||
| - - - - |
||
| 8,308 - - |
8,308 11,397 |
|
| - - - |
||
| - - |
||
| 8,308 - - |
8,308 11,397 |
Section B Balance sheet
| Fixed assets Intangible assets (Note 15) Tangible assets (Note 14) Heritage assets (Note 16) Investments (Note 17) Total fixed assets Current assets Stocks (Note 18) Debtors (Note 19) Investments (Note 17.4) Cash at bank and in hand (Note 24) Total current assets Creditors: amounts falling due within one year (Note 20) Net current assets/(liabilities) Total assets less current liabilities Creditors: amounts falling due after one year (Note 20) Provisions for liabilities Total net assets or liabilities Funds of the Charity Endowment funds (Note 27) Restricted income funds (Note 27) Unrestricted funds Revaluation reserve Total funds Signed by one or two trustees on behalf of all the trustees |
Guidance Note Unrestricted funds £ F01 B01 1,261 B02 39,677 B03 - B04 - B05 40,938 B06 - B07 - B08 - B09 9,442 B10 9,442 B11 136 B12 9,306 B13 50,244 B14 - B15 - B16 50,244 B17 - B18 40,938 B19 9,306 B20 B21 50,244 Signature |
Unrestricted funds £ F01 1,261 39,677 - - |
Restricted income funds £ F02 - - - - |
Endowment funds Total this year £ £ F03 F04 - 1,261 - 39,677 - - - - |
Total last year £ F05 |
|---|---|---|---|---|---|
| 1,682 11,883 - - |
|||||
| 40,938 | - | - 40,938 | 13,565 | ||
| - - - 9,442 |
- - - - |
- - - - - - - 9,442 |
|||
| - - - 28,506 |
|||||
| 9,442 | - | - 9,442 | 28,506 | ||
| 136 | |||||
| 136 | - | - 136 | |||
| 9,306 | - | - 9,306 | 28,370 | ||
| 50,244 | - | -50,244 | 41,935 | ||
| - - |
|||||
| - - |
- - |
- - - - |
|||
| 50,244 | - | - 50,244 |
41,935 | ||
| - 40,938 9,306 |
- | - 40,938 - 9,306 - |
|||
| - 8,000 33,935 |
|||||
| 50,244 | - | - 50,244 | 41,935 | ||
| Print Name KR KNIGHT |
Date of approval dd/mm/yyyy 22/07/2026 |
Independent Examiners Statement to the Trustees of Hungerford Library & Community Trust
We report on the accounts of the Trust for the year ended 30th September 2025 as set out on pages 1 to 4.
RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER
The Charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is our responsibility to:
examine the accounts under section 145 of the Charities Act;
to follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the Charities Act; and
to state whether particular matters have come to our attention.
BASIS OF INDEPENDANT EXAMINER’S STATEMENT
Our examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes the review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items of disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement below.
INDEPENDANT EXAMINERS STATEMENT
In connection with my examination, no matter has come to our attention:
-
1) which gives us reasonable cause to believe that in any material respect the requirements
-
to keep accounting records in accordance with section 130 of the Charities Act; and
-
to prepare accounts which accord with the accounting records and comply with the accounting
-
requirements of the Charities Act. have not been met; or
-
2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Gavin Rowell M.A.A.T. LJ Smith Accountants Ltd Independent Examiner
Dated: 21st July 2026
4