Raunds Community Llbrary Trust Trustees, Report and Accounts For the year ended 31 August 2025 Charlty number 1185715 Raunds Community Ltbrary Trust Legal and admlnlstrative informatlon Raunds Communlty Library Trust is a foundation charitable incorporated organlsatlon. Charity number 1185715- reglstered 9 October 2019 Mr P Wathen Mr G Greenwood-smith Mr M A Commins Mr M H Clements Mrs A Roonev Mrs L Bell Mr D Rooney Chalmian Resigned July 2025 Treasurer Inde ende Examlner Mrj Cobley Cobley Desborou8h Artlsans House 7 Queensbrldge Northampton NN4 78F Raunds Communlty Llbrary Hl8h Street Raunds Northamptonshl NN9 6HT Raunds Community Llbrary Trust Trustees, report for the year endln8 31 August 2025 Introduction The trustee5 present their sixth Annual Report as a charitable incorporated organlsation ICIOI The Ilbrary Is a community 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 education of the public by providing a lending library and Information service for the residents of Raunds and the surroundlng villages. The se￿iCe Is provlded to the publlc without dlscrimination on the grounds of a8e, disabllity or other protected characteristic. Structurei g¢)vernance and management The charlty'5 actlvbtles are governed by a Management Commlttee (the trustee5} which meets at least slx times per year. Day to day management is delegated to the Offlcers who report progress to each Management Commlttee meeting. Trustees are appolnted for a term of three years by a resolutlon passed at a properly convened meeting by the trustees. Those who served durlng the year are11sted on page l. None of the trustees ha5 any beneflclal Interest In the charity nor do they recelve remuneration, The tru5tee5 take Into account the Charlty Commlsslon's guldance on public beneflt when carrylng out thelr dutles. The offlcers and trustees assess the major rlsks to whlch the charlty Is exposed and ensures that controls are In place to mitigate exposure to the risks. Insurance includes Cover for publlc and volunteer liabillty. 8anked funds are held In attounts protected by the Flnancial Servlces Compensation Scheme. The Community Llbrary Is operated by and 15 entlrely dependent on unpald volunteers. Under an agreement wlth the Unitary, the Unitary provides the Community Llbrary wlthout char8e the IT equipment, the library management system and public internet together with technical support. The Unltary also supports the tralnlng of volunteers and provides an amount of library stock. The library is included In the Countvs inter-library delivery network. Lending from the Communlty Llbrary15 on the same terms as the County. Residents can borrow and return books. Audio books etc. across the county library network. Users can reserve county books at the Community Library via the internet for plck up at the library. Residents thus benefit from service that is integrated with the Countvs library servlce. Raunds Community LlbraryTrust Trustees, report for the year ended 31 August 2025 Raunds Community Llbrary Trust IRCLTI provides an information and library service managed by the Trustees and volunteers of RCLT which is a separate organisation from the Library Service run by West Northamptonshire Council on behalf of them and North Northampton shire Council. During the course of the year we have attracted more community groups into the library. We have also actively PLJrsued more external users which provide an increasingly valuable source of income. New housing estates have resulted In an Increase of resldents uslng the library. We have again increased our free events for children, including theatre productions, magic shows and STEM activitie5. A small team of our volunteers run these. RCLT continue to take part In locally organised events such as the Saturday Markets, the Remembrance Day Parade and the Town Garage Sale. The Library to You service continues to provide a supply of books and audio material to resldents who are hDilSebound or In care home5 and we continue to advertise the servlce to all of the local care homes and In local health practices. The Trustees must expre55 their thanks to our dedicated team of volunteers who have willingly given up their time and energy to keep the Ilbrary operating in our town. The TrLSStees must also thank the local residents and their words of encouragement, many local organisation5, West and North Northamptonshire Council and the LlbraryPlus service for thelr ongoing assistance. A major blow toward5 the end of the year saw Creating Tomorrow MAT, our landlord, who gave notlce on the lease which would have resulted in the closure of the library. However a local benefactor stepped up with a large donation to enable us to enter negotiatlon5 wlth North Northamptonshire Library to take on a 3 year lease in our own right. The CIO'S financial result for the year was a net cash inflow of £38808. The Trustees. aim in the comlng year 15 to actively source on80ing external fundlng to ensure the continuation of the seryices provided to the community. Declaiatlon The Trustees declare that they have approved the trustees, report above Slgned on behalf of the rity's Trustees.. P Wathen Chairman October 2025 Independent Examiners Report to the Trustees Of the Raunds Community Library Trust {Charity no. 1185715) I report to the trustees on my examination of the accounts of the above charlty for the year ended 31 August 2025. Responsibilities and basls of report As the charity's trustees you are responsible for the preparatlon of the accounts In accordance with the requirements of the Charities Act 2011 {'the ACVI. I report In respect of my examinatlon of the charity's accounts carrled out under sectlon 145 of the 2011 Act and In carrying out my examination I have followed all the applicable Directions glven bv the Charity Commission under Sectlon 14515llbl of the Act. Independent examlnerfs statement I have completed my examlnatlon. I can conflm that no material matters have come to my attentlon In connection with the examlnation glvlng me cause to belleve that In any materlal respect: accountlng recor(Is were not kept In respect of the charlty as requlred by sectlon 130 of the Act . or the accounts do not accord with these records. I have no concerns and have come across no other matters In connection wlth the examlnatlon to whlch attentlon should be drawn In thls report In order to enable a proper understandinB of the accounts to be reached. Jonathan Cobley F.C.C.A Cobley Desborough Chartered Certlfied Accountants Arti5an5' House 7 Queensbridge Northampton NN4 78F Tel.'01604823560 RAUNDS COMMUNITY LIBRARY TRUST Income & Expenditure Account for the year ended 31 August 2025 2025 2024 Income Book sales Room hire Photocopies Fines Sundry sales 709.75 7333.50 673.10 291.30 2161.77 922.91 6024.50 616.50 328.13 1842.95 121 11169.42 9734.99 Other Income Donations Grants GiftAld 31987.16 2400.00 451.07 7819.52 1596.00 34838.23 9960.78 Total Income 6Q07.65 19695.77 en Advert151ng Llcences Stationery & Postage Gift voucher Gardening costs Presentatlon costs Repairs & Renewals Website/lT Tralning costs WiFi costs Legal fees Other Expenditure Depreciation Totsl Expendlture 912,25 62.00 763.17 50.00 785.00 99.20 871.06 280.00 50.00 494.90 loo.00 1947.30 784.00 103.00 1769.94 50.00 844.15 693.09 559.90 131 430.86 141 1733.28 504.00 7198.88 6688.22 Income less Expenditure 38808.77 13007.55 Surplus/Deficit for year RAUNDS COMMUNITY LIBRARY TRUST Balance Sheet at 31 Au ust 2025 2025 2024 Fixed Assets {51 6263.00 3721.00 Bank 8alance Cash Balance 53681.66 298.05 17556.46 156.48 Net Assets 433 Represented by Balance b/f Surplus/deficit for year Balance clf 21433.94 38808.77 8426.39 13007.55 The CIO also owns the library book and DVD stock and the Ilbrary's furniture Signed on behalf of the trustees: P Wathen Chairman M A Commlns Treasurer October 2025 RAUNDS COMMUNITY LIBRARY TRusr Notes to the Accounts for the year ended 31 August 2025 l. Accountlng basis The accounts have been prepared on a Teceipts and payments basls Sn accordance wlth the Charities Art 2011 and the Charity Commlssioner's guldance for preparlng rexelpts and payments accounts. 2025 2024 2. Sundry sales DVD/ Audio book hire Refreshment sales Adult events Card sales Calendar sales 83.47 278.4 375.50 1284.30 54.05 1135.00 1842.95 794.00 2161.77 3. Repalrs & Renewa15 Phonelanswerphone Computer 5undries Sundry repairs Visitor counter Security C05t5 A boards Storage boxes Flling cabinet 8atterles Locker Too15 Electrlcal repairs 72.00 108.37 295.01 123.00 77.04 148.46 42.98 60.96 35.94 148.80 38.20 204.00 76.20 4. Other Expendlture Brit15h Legion Craft items Insurance Refreshment5 Cleaning items Children5 activities Easter hunt Catering supplies Lanyards Author event Hire charges 25.00 30.00 18.35 96.00 444.79 231.07 730.55 12.00 7.90 77.62 85.00 304.56 455.38 231.89 835.97 4.50 90.00 47 RAUND5 COMMUNITY LIBRARYTRU 5. FIXED ASs￿s as at 31 August 2025 Fixtures & Fittin85 Nbv b/f Additions Depreciation @ io% Net book value c/f 3420.00 2121.00 444.00 2091.LYJ 1734.QNJ 405.00 Computer Equlpment Nbv b/f Addltlons Depreciatlon @ 20% Net book value c/f 301.00 1205.00 340.00 400.1N) 2159.00 99.00