Registered Charity No. 1186926
BULKINGTON COMMUTh LIBRARY CIO
REPORT AND I)FIAUDITED FINANCIAL STATEMENrs
31 DECEMBER2025

BULKIN￿0￿ COMfvfUNITY LIBRARY CIO
Year ended 31 Decembcr 2025
coNrENrs
L£gal and Administrative D&ails
Thistrt8' RepoTt
Independent Examin￿.8 Re￿rt
ststement of Financial Activiti
Balance Sheet
Notes forming part of th¢ financial statements
7-10

Pase I
BULKIN￿0￿ COTriMUry4tTYLIBRARY CIO
Legal and Adrninislrati￿ D¢ts218
Ch•rlty Reglrtratlon Number:
1186926
Trusteu:
John B Beaumont
M8ry C Beaumont
W¢Ddy Fudge
AJJn Romaniak (t￿ls0ed 5 MaTch 2025,
r￿Anted I l F¢bruary 2026)
Thema Rowc
Denise Wolff
Phillip Bon&iJl (winted 5 March 2025)
Chistine Oldham (resigoed 4 Dmnber
2025)
Prlnclpal Addrv8:
BulkingtOD CoDMnUDity LibTary
School Road
B￿worth
CVI.2 9JB
Bankers:
The Cooperative Bank
Attowitants:
Arnthngs (Nuneaton) Litt)itol
G¢thin Hou8¢
36 Bond Street
CVII 4DA

Page 2
BULKINCTON COMMUNITY L]BRARY CIO
Report of the Tn￿lees, for the year f￿d￿l 31 D¢c4nber 2025
The tn￿te¢S pr￿t their re￿rt along with the unaudited financial statements of the clwity
for the year endcd 31 December 2025. The fmanLMal statemajts have been preparal in
acLx)rdance with the accounting wlicies set out on page 7 and CA)mply with thc clwity's
Sche￿￿. the Clwities Act 2011 and Accounting and Reporting by charities: Ststemfflt of
Rewmmended PTaclice applicable to charities, preparing their ac￿)ll￿ts in aca)rdance with
th¢ Finan¢ial Reporting Standard (FRS 102) published on 16 July 2014.
The charity was incorpoTated on 12 2019 as a Charitable In¢oryx)ratol
Otganis&tioL All of th¢ &88ets of Bulkington Community LibThry CIC were Iransfar&l to the
charity at t1￿* date.
RISKMANAGEMENT
The tnLYtees have Lxmdll￿ a revi¢w of th¢ major risks to which the charity is expos&1 and
systems hav¢ b¢¢n establishal to mitigate those risks wlLi¢h they have identifi
OBJEcfIvES AND AcfivITIES FOR PUBLIC BENE
The objects of the cbarity is to promote for the benefit of th¢ ￿Sid¢nts of Bulkington atMI the
surrounding areas through th¢ provision of a public library for reereation and or other l¢isure
time owation of individuals who have need of su¢h faciEities by reason of their
Circumstan￿ or for th¢ public at large in th¢ Inter￿t8 of social welfare and with tbe object of
improving the condition of the said residents.
The truste¢8 wnfirni that they bave refeffal to the 8uidance (x)til￿ in th¢ Charity
Commission'8 general Buidan¢e on public b￿¢fit whffli reviewing the ¢lwity'S aims and
obi¢ctive3 and in setting the rn rnaking policy for the year.
ACHIEVEMENTS AND PERFORMANCE
DuTill8 the year the library Continu￿ to build a USefi￿ and valued re80urcL in the ￿llage of
Bu]knn8ton with th¢ footfall rising to 35,180 over all how8.
The Friendsbip café is pmviding a gTeat¢r inLX)me to our hTrrary
Th¢ amiual Opffling Anniversary eV￿t in April and the village 8nnual Lights switch on in
November still providing a Valu￿ source of fUnd￿￿- for which we are ￿teflll.
Fund raising 18 still continuin8 with a program ofmonthly raffles and Quiz nights providing V4
gular inc4mi4 whilst also beAn8 a welcome 80¢ifjI event for the wn]mwity.
The income through the use of our back loo￿ whi(*A is hirnl to personal tutors, wntinues to
provide a healthy and wwing incon
Througbout the year we have beth succusful in securing donalion8 from, The Freemayon
Nuneaton Round table, WCC County fund- Councillors gtanL and from, W8rwicksbire

Page 3
BULKINGTON COmMUm￿ LIBRARY CIO
Report of the Tn]8tees' for the year 31 De£ember 2025
Coiity Council unts the S106 contributions due to the zmv dev¢lopm*xts being built
The are extranely grat¢M for the volunteers and commw)ities C4)ntinual support
help maintsiD this Valu￿ service within the village.
FINANCIAL REVIEW
Total unrestrictcd incorne for the year. ￿￿ounted to £34.424 whilst expendith totaUe41
£14,579 witb the ruult that net iDcom¢ omournted to £19,845.
At 31 Decernb￿ 2025, the unKstriL#ed gend funds ofthe charity w¢r¢ £59,670,
RESERVE AND INVESTMENf POLMCY
The trustees kw the level of reserves lllld￿ review on a regular basis and SU￿1￿ funds will
be invested with our currnt bathr&
Tr lib￿￿18 not had to ac£¢8s th¢ £]0.0￿ bond Set up in 2024 and with accumula￿1
intttat now li￿ at £10.737.
It is the inlention to C￿te a BUild￿g F￿d with a tsr8et of £55,(X)O to prepare for a roof
renvwal of the hThrary premise4 by 2031.
On bthalf of th¢ trustee8
Da]i8e Wolff
Datr. 6 May 2026

Page 4
BULK]JGTON COMMuNrrY LIBRARY CIO
IndqKndent Examiner's Rq￿ the ye8r ￿ded 31 Dccembw 2025
Independent Examiner's Report to the Trnstees of Bulliington Communlty ￿1)rary
ao
I report to the chaTity tnistee5 on my ¢xaminatson of the a￿o￿llts of th¢ ¢haTity for the year
ellded 31 D¢mber 2025, which are sd out on pages 5 to 9.
Responsibllltles Jnd basts of report
As the c]wity's tti]stees you are reSpo1￿￿￿e for the prepatation of the a¢counts in aca)rd4DLY
with the requiretnents of the Charities Ad 2011 ('the Act.).
I rcport in r&8pe¢t of my examination of the th8rity's accou￿ carried out under ￿tIOn 145
of the Act and in wing out my examination I have followed all the applicable Directions
given by the Charity Commi8Ston undrf section 145(5Xb) of th¢ Act.
Independent exanther'l statenient
I have completed my examination. I confirni that no Mat￿al mattfxs have ￿)rne to my
attention in eonnection with the examinthon 8iving me cause to beli¢v¢ that in any n￿1
l. a(wunting reo)rds w&r not kept in r&8pect of the ch￿lty 88 by seclion of the
'or
2. the accounts not accord WAth those rewrd8' or
3. the act4)unts do not c¥)mply with the applicable Wrirern￿ Concerni￿ the forni and
content of accounts set out in the Cl￿rItieS (Accounts Re￿t8} Regulations 2008 other
than any requirement that the awjunts give a 'ttve and fair vi¢w' wbich is not a matt
o)nsidff¢d 88 part of aa Inde￿Ident examI￿tiO
I hav¢ no concerns and have LY)me across no other ll￿tter8 in comiection with the
examination to wbi¢h attention should be drawn in this re￿rt in ordff to enable a prop
understanding of the accounts to be reach&L
Mrs J A Biggs FCCA, CTA
Arn￿tn)￿g8 (Nuneaton) Limit￿1
Gethin House
36 Bond Street
Nuneaton
WaTwicksbiTe
CVI14DA
Date: 6 May 2026

Page 5
BULKINGTON COMMUNrfy LIBRARY CIO
li
Unauditd Statement of Financial Activities for the year endal 31 D&xmber 2025
Total
Unrejtrfcted Rettrleted Fund8
2025
2024
Incomkng resources
Illeon￿ and endowments from:
Donations and legacies
Charitabl¢ a¢tiviti¢s
Ill1￿8￿￿t income
9.072
24,615
737
1,530
19,Y24
24.615
737
Totsl itieome
34,424
34.424
21,454
Resources expended
Expenditiwe on:
Charitable actiwities
14.579
14,579
20,502
Total expendlture
14.579
14,579
20,502
Net kncome
19,845
19,845
952
Net movement In funds
19,845
19,845
952
RecoDclllatlon of funds
Tol￿ fimds brougbt forw
39.825
39,825
38.873
Total fund8 ¢arrled fonvard
59,670
59,670
39,825

Page 6
BtuaNGTON COmMUm￿ LIBRARY CIO
Balan¢¢ Shert as at 31 December 2025
2025
2024
Notes
Flxed assets
Tangible assets
12,296
12.979
Current a8iets
tnve8tments
Cash at bank and in hand
10,737
37,471
iO.O(M)
17,638
48.208
27.638
CredltoTh: Arnoullts falllng due vAthln
one yeAr
(834)
(792)
Net current a88ets
47.374
26,846
Total nel
59,670
39,825
Fund8 of the charlty:
Unrestrirt¢d funds
io
59,670
39,825
59.670
39,825
The fmancial statements on pages 5 to 10 were approvpAI by the tnts on 6 May 2026
and signed oll theirbehalf:
B Beaumont
ChainDan

Pa8¢ 7
BULKINGTON COMMUNITYLIBRARY CIO
Notes to the Act4)unts for th¢ Y￿ ¢nd¢d 31 2025
Accoullthig poJlde8
1.1 Basls of preparadon- bAsRM of I￿Y*ll￿tI￿g
These aLYouots have been preparnl under the historical LX)nv¢ntion with itans raxi8lli8ed
at CO8t or Iransaction value unl¢ss otherwise stated in the rdevatrt notcs to tI￿e aeo)unts.
the Financial R¢poTting Standard applicable in th¢ UK and Republic of Irdand IFRS 102)
Is￿￿1 on 16 July2014. with the Financial Rq)ortinE St&ndard applicable in the United Kingdom
8lld Ryblic of Irclaryl (FRS 102) and with the Charities 2011.
The chatity constitut¢s a public b￿¢fit ￿tity as d¢fill￿ by FRS 102.
12 GolDg ¢on¢¢rn
The fi￿ancial statements have beenpreparal on a going concern basis &8 the trust￿ b¢lieve
that no material Unce￿IntieS exisL The trustee8 havc considered the lev¢1 of fimds held and
the expethd level of incomc and cxpenditure for 12 n￿nthS followiDg approv81 of these
financial stataiith and wnsider the clwitywill be. able to (x)ntinue as a going ¢0
13 Incon
Recognition of inLX)rne
All incolni￿ re8our(u are rEa)gni8ed the ¢haTity h&8 entitlement to the resources, it is
¢¢fvin that the resour￿8 will be Teceiv￿ aod monetary valu¢ ofincomin8 resour￿8 can b
n￿asUr￿l with suffi¢itht reliability.
U knd 8¢countlng
Detsi18 of the nature and purp08e of ¢a¢h fund 18 set out in ￿te 10.
1.5 Expendlture and Ilabllltles
Expenditure and liability rewgnition
Liabi]iti&8 ar¢ reco8nised as resources exp￿0￿1 &8 soon a5 thffe i81¢841 or Li)nstructive obligation
L¥)nllrritting the charity to the expendit1￿& All eXp￿dIture i8 accouDtcd for on fin ac£n￿8 ba8i&
1.6 Tmglble fIX￿ amets for llse by charlty
These are ¢apits]i8&1 if they &qn be used for more than one year. They are valua at C08L
Depreciation is re￿o￿la¢d so 88 to write off tbe cost of assets over their usefu] ]ive8 on the
followillg bascs:
- over 25 years on a straigbt lin¢ basi8
- 15•/0 on a reducing bal&ncc basis
- 200/0 on a Straight line basis
Plant & EqUipM￿t
CouLPUtff Equipment

Pag¢ 8
BiILKINGTON COMMuNrrY L]BRARY CIO
N4Jtes to the Acc4)unts forthe year 4nd¢d 31 Dwembw 2025
Donadom and leRa¢l•4
2025
2024
5893
1.500
549
I,ioo
430
Nuneaton Table
1,530
9,072
1.530
eoJDe from ChArltAble Aedvltk8
2025
2024
12,379
1,792
10,163
281
11,638
2,192
6,lJ73
21
Book 5aks
Swithy iticome
24.615
19,924
Ineome from Tnvethts
2025
2024
737
737
Costs of Operallng LlbrAry S¢Tvlet
2025
2024
1,061
4,743
993
6,639
6,088
572
152
415
1268
1,205
121
178
149
250
792
1,680
IA8ht and heat
Telephone
Prinling. w$tage and stationery
Computer costs
653
196
191
1,341
1,668
269
344
331
261
834
1283
Café consum￿1¢3
Window cleanitig and cleaning mat¢ri￿S
Waste dispos
Sundry expa18es
Christs￿8 grotto expenses
A¢¢owitancy
Dewe¢iation
14J79
20.502

Page 9
BULKll¥GTON co￿lTy LIBRARY CIO
Notes to the Accounts for the year ended 31 Deeemb¢r 2025
Tan*le A88ets
Flxi)wcs & Leasehold Computer
Equlpment Property ￿ll1pMent
COST
At start
Additions
Di8P08al
9.717
11.115
22,832
6(M)
600
9,717
11.115
23.432
DepreclatloD
At start
CbarB¢ for year
Eliminatson Te disposal
5J28
658
2,525
505
2,(K)O
120
9,853
1283
5,986
3,030
2,120
11,136
Net book value
At start
4a89
8,590
12,979
At end
3,731
8,085
12296
Current asRt Investowit
2025
Unity Trust I ￿ fixd bond
10,737
10,C4))
Credttors: amounts falung due wlthln one year
2025
2024
834
792

Page 10
BULKtNGfoN COMMUNfrY LIBRARY CIO
Notes to the Ac￿unts for the year ended 31 December 2025
Trustee5 trADsactlon% remuneratlon expenses
Tr truste&8 did not receive any remuneration during the peri￿.
There w¢re no relat￿ paty transactii)n8 dwing the year.
10 An8ly8ls of net assets between funds
UDrestrletEd
GeDeral ReBtrl¢ted
Tot
Fixed assets
12.296
48,208
(834)
12,296
48208
(834)
Current liabilitieB
Net assets at 31 Dec¢￿b￿ 2025
59,670
59,670
11 Fundi
Unre8tricted genuAI funds comprise those funds whith the trustee8 are free to Use in
aeeoraance with the ¢haritable objects.