Raunds Community Library Trust Trustees, Report and Accounts For the year ended 31 August 2024 Charfty number 1185715 Charlty number 1185715 Raunds Community LlbraryTrust Letal afid admlnlstr•tl¥e Infr*rmation Raunds Community Llbrary Trust Is a foundètton chorltable incorporated or8an15ation. Charlty number 1185715- ￿gIstered 9 October 2019 Mr P Wathen Mr G Greenwood-smith Mr P H Grate Mr M A Commins Mrm H Clements Mr5 A Roonev Mrs L Bell Mr D Rooney Chairman Vice Chairman Resigned October 2023 Treasurer Appointed July 2024 ndent Examlner MrA Hasker Cobley Desborough Artlsans House 7 queensbridge Northampton NN478F Raund5 Communlty Librarv Hlgh Street Raunds Northampton5hire NN9 6HT Raunds Community Library Trust Trustees, report for the year endlng 31 Au8USt 2024 Intr¢)ductlon The trustees present their fifth Annual Report 85 a charitable incorporated or8ani5atlon ICIOI The Ilbrary is a Communlty managed public library working in partnership with Creating Tomorrow MAT and North Northamptonshire Council. Oblect of the charlty The object of the charlty is to advance the educatlon of the public by provi(ling a lending library and information service for the residents of Raunds and the surrounding villages. The Service Is provlded to the public wlthout discrimination on the grounds of a8e, disablllty or other protected characteristic. StTUCturei governance and management The charitfs actlvitie5 are governed by a Management Commlttee Ithe trustees) whlch meets ai least slx times per year. Day to day management is delegated to the Officers who report pro8ress to each Management Committee meetlng. Trustees are appointed for a term of three years by a resolutlon passed at a properly convened meetlng by the trustees. Those who served during the year are listed on page l. None of the trustees has any beneficial interest In the charlty nor do they receive remuneration. The trustee5 take into account the Charlty Commission'5 guldance on publlc benefit whèn carrying out their duties. The officers and trustees assess the major rlsks to which the charity is exposed and ensures that controls are in place to mitigate exposure to the risks. Insurance includes cover for public and volunteer liability. Banked funds are held in accounts protected by the Financial Services Compensation Scheme. The Community Library is operated by and Is entirely dependent on unpaid volunteer5. Ur)der an agreement with the Un•tary. the Unitary provides the Community Library without charge the IT equipment, the library management system and public internet together wlth technical SUPPOrt. The Unltary also support5 the training of volunteers and provides an amount of Ilbrary Stock. The library is included in the County's inter-library delivery network. Lendin8 from the Cornmunity Library 15 on the same terms as the County. Resldents can borrow antl return books, DVD'S etc. across the county library network. Users can ￿Serve county books at the Communlty Library via the internet for plck up at the library. Residents thu5 benefit from a service that 55 integrated wlth the CountWs library seNice. Raunds Communlty Ubrary Trust Trustees, report for the year ended 31 August 2024 Raunds Community Library Trust IRCLTI provides an inlormation and library service managed by the Trustees and volunteers of RCLT whlch is a separate organisailon from the Library Service run by West Northamptonshire Council on behalf of them and North Northampton shire Councll. During the course of the year we have increased the number of communlty groups Using the library. We have also expanding it to external user5 whlch Is providing a valuable Source of income. We have also slgned up many new library users from the new housing estatès that have been built in the town. We have Sncreased our events for children, Including theatre productions. maBlc shows and STEM actlvities. These are provided with no charge to the children and continue to be wèll received. A small team of our volunteers run these, RCLT has taken part in locally organi5ed event5 Such a5 the Saturday Markets, the Remembrance Day Parade and ihe Town Garage Sale. The Library to You seNice contlnues to provide a supply of books and audio material to residents who are housebound or in care homes and we continue to advertise the service to all of the local caTe IKsmes and in local health Pract1￿5. The Trustees must express thelr thanks to our dedicated team of volunteers wl)o have willingly gNen up thelr time and energy to keep the library operating in our town. The Trustees must also thank the local residents and thelr words of encouragement, many local organisations, Creating Tomorrow MAT and North Northamptonshire Council for keepin8 us goin8. The CIO'S flnanclal result forthe year was a net cash inflow of £13007. The Trustee< aim in the comln8 year Is to actwew source ongolng external fundin8 to ensure the continuation of the seNlces provided to the communlty. Declaratlon The Trustees declare that they have approved ihe trustees, report above Signed on behalf of the charity's Tru5tee5- P Wathen Chalrman 9, October 2024 Independent Examlners Report to the Trustees Of the Raunds Community Llbrary Trust {Charlty no. 1185715) I report to the trustees on my examination of the accounts of the above charlty for the year ended 31 August 2024. Responslbllltles and bas15 of report As the charitvs trustees you are responsible for the preparation of the accounts In accordance with the requirements of the Charities Act 20111'the Act'l. I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under Section 14515llbl of the Act. Independent examlner's Statement I have completed my examlnatlon. I can confirm that no materlal matters have come to my attention in connection with the examination gNing me couse to believe that in any material respect: accounting records were not kept in ￿SpeCt of the charity as required by section 130 of the Act . or the accounts do not accord wlth these records. I have no concerns and have come across no other matters in connection wlth the examination to which attentlon should be drawn In this report in order to enable a proper understanding of the account5 to be reached. Andrew Hasker FCCA FMAAT Cobley Desborough Chartered Certified Accountant5 Artisans House 7 Queensbridge Northampton NN4 7BF Tel: 01604 823560 RAUNDS COMMUNITY LIBRARY TRUST Income & Expendlture Account for ihe year ended 31 August 2024 2024 2023 Income Book Sales Room hire Photocopies Fines Sundry sales 922.91 6024.50 616.50 328.13 1842.95 771.48 2732.50 612,20 409.45 448.60 {21 9734.99 4974.23 Other Income Donation5 Grants Gift Aid 7819.52 1596.OD 545.26 1268.24 1050.(J) 92,75 9960.78 2410.99 Total Income 9695.77 85.22 enditure TravellinE Theatre Llcences Statlonery & Postage Gift voucher GardenlnE costs Presentation costs Repairs & Renewals Website costs Tralnlng cost5 WIFI c05tS PPE costs Other Expendituie Depreciation Total Expenditure 618.00 63.00 738.46 103.(Kl 1769.94 50.00 844.15 693.09 559.90 712.95 74.64 430.86 357.13 141 1733.28 04.00 1627.34 1.00 66 4522.52 Income less Expenditure 13007.55 2862.70 SurpluslDeflclt for year RAUNDS COMMUNITY UBRARY TRusr Balance Sheet at 31 Au ust 2024 2023 Flxed Assets 15) 3721.LXJ 2491.1Ki Bank Balance Cash 8alance 17556.46 156.48 5761.66 Net Assets Repr•$ènted by Balance blf Surplusldeficlt for year Bjlance df 8426.39 13007.55 433. 5563.69 2862.70 The CIO also owns the Ilbrary book and DVD stock and the Ilbrorfs furniture Slgned on behalf of the trustees: P Wathen / Chalmian M A Commlns Treasurer 9th October 2024 RAUNDS COMMUNITY LIBRARY TRUST Notes to the Accounts for the year ended 31 Au8U5t 2024 l. Accountlng basls The accounts have been prepared on a recelpts and payrnent$ ba515 In accordance wlth the Charitles Act 2011 and the Charlty Commissioner's guldance for preparing rexelpts and paymènts accounts. 2024 2023 2. Sundry sales DVDI Audio book hire Refreshment sales Chrlstmas Raffle Card sales Calendar sale5 278.4 375.50 107.99 95.91 211.00 54.05 1135.00 1842.95 448.60 3. Repairs & Renewals Phonelanswerphone Xmas decorationslBunting Sundry repairs Trimmers Slgn holders White board Storage boxe5 Filing cobinet Batteries Locker Tools Electrical repairs 72.00 34.18 60.96 92.17 170.04 49.90 156.62 202.80 7.24 35.94 148.80 38.20 204.00 4, Othei Expenditure Brit15h Legion Craft Items Insurance Refreshments CleanSng item5 Childrens activities Easter hunt Catering supplie5 Lanyard5 Author event 30.00 18.35 96.00 444.79 231.07 730.55 12.00 7.90 77.62 85.00 25.00 88.01 96.00 650.49 154.76 245.50 51.19 207.19 109.20 RAUNDS COMMUNITY LIBRARYTRUST S. FIXÉD ASSETS as at 31 Au8ust 2024 Flxture5 & r￿ing5 Nbv b/f Additions Depreclatlon @ io% Net book value clf 2091. 1734.00 405,00 2323.00 232.00 Computer Equlpment Nbv blf Depreclatlon @ 20% Net b¢)ok value clf 400.00 99.00 499.00