SHIPTON READING ROOM (CIO) TRUSTEES. REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2025 Regl$lorod Charlty No. 1187145
SHIPTON READING ROOM YEAR ENDED 31 DECEMBER 2025 LIST or CONTENTJ Page Legal and Administrative Information Report of theTrustees 2kn4 Statement of Flnanclal ktlvities 8alanceSheet asof31st Decembw2025
SHIPTON READING ROOM YEAR ENDED 31 DECEMBER 2025 LEGAL AND ADM141STRATIVE INFORMATi¢JY Truste MrSCookelChairl Mrj Harding Mr D Hellen5 MrEHu8he5 Mr P Kealv Mr5clai61bb$fr5UTer) MsPTodd Charftyl4umr 1187145 PdncSp•l Address Shlpton Readin8Room Shipton C4iffe lJe1thaM GL54 4JQ P¥4e I
SHIPTON READING ROOM YEAR ENDED 31 DECEMBER 2025 REPORT OF THETRUSTEEq The Trustees present their report and accountsfortheyear ded 31st December 2025. Thefinancial statements hwe been prepared in accordancewith theaccounting policies set out In note I to the financial 5tatementsand comply with thecharity'sgovemingdocument, the CharitiesAct 2011 and -Accountin8 and Reporting by Charities: Statement of Recommended prlCeapp1iCab1eto charities preparingthwraccounts in accordancewith the Financial Reportingstandard applicable in the UK and Republhe of Irelat)d IFRS 102r lasamended for accounting periods commencingfrom l January 20161 structure. governance myMent Shipton Reading Room is a Charitable Incorporated Organlsatlon {CIOI Incorporated on 24th December 2019. The charlty Ss not politically ali8ned. TheTrusteeswho servtsy durln8theyw were: Mrscooke Mrj Harding Mro HellS Mr E Hughes MrP Kealy MrP Morgan MrSSmlth MSP Todd Mrs C Glbbs All of theTrustees providethar servlcesfreeof char8e. Theshlpton Readin8 Room Trustees meei every two months and decisions are madeon a 5implemajority basis unless con#itutional or legal requirementsmandatea 8reater majority. Noneof theTrustees hal a material interest In anycontract of significanceto which thecharity wasa partv durin8the period. TheTrustees haveas5essed the major risksto whlch thecharity is¢xposed. and are satisfied that wstems re in placeto mltl8ate exposureto major risk Ob5e¢tlvesand actSvltles Thg Obigcts of tho CIO are to 8slablish and wn a vUL4gè hall and to pronKsle for the benefrt of the Inhabitants of the Parlsh of Shipton Ishipton Oliffe, Shipton Sobers and Hampenl without distinction of sex, sexual orientation, age. dlsablllty. natlonality. ra¢eor polltlcal, rellglousor other opinionsthe proviyon of facilitiesfor recreation or other lei5uretime occupation of individualswho have need of such ts¢ilities by reason of their youth. age, infirmity or disablement, financial hardship or social and economic circumstance5 or for the public at large in the interests of social wdfare and with theobject of improvin8theconditlonsof Ilfe ofthe said inhabitants TheTrustees have paid due regard to guidance byTheCharityCommi5gon in decidingwhat activities thecharity should undertake. Duringtheyear the Reading Room Trustees raised incomethrou8h the rental of the hèll asset out in the notestothe account PaEe 2
SHIPTON READING ROOM YEAR ENDED 310ECEMBER 2025 REP THETRUSTEES IC(4TIUEOI ThIsye3rwtheJpWlTrtrnrtQfOnenayTrUSt{Crebs1a3TréarrgPItht10idnlTr¢9wT15m1th Wewish toformallythaikand rxwlsetheenormuscontribution m1Èty&thdurith8hlst•UrÈTt¥rtt. AsecondTlust1PereTIal)fe1DeddUrtTh81he. Dcomer5wJ501dyfrom Room Hlreincr¥Trxd 1cntIY£oMpVQ1tolaY•S7 ¥w4Js£4.0451. ForecastlnBlhele4dofRocrn HIrelsdlfflciiasf SsdwtpOn maDYknOl0ÉWtt. weareseelnÈa8u4y•I Upflck In bookln85asourrepJtlofj asahlBhqu¥ity.vFM¥ffiue•è7r$tobe5preyl lar8dybywordofrnouth Theannu v411yfe(ShlpleAiandtheChrf5trna5TrXtorOrtwYw.9JCCeSa)jI cornfflllnltyeleltts centrettaroundtheRdiniRoomand ImM)rtant£c¥)tributi0rtstoourincctheArt. ThemonthlyCoffStopsandP0kFpubnl0ht$ntlAUetobEP0pu1arndwth1deUsthIrWI¥bnCcff kewjlaryoupslyop. Pllate4 karat¢qulltws knityills Chuff(h¥dNrtlContynueinddn81heveh•eal1th1 oneaddltSonal yo8ases4on asaM8ularhlr•r. Thed¢t•ll&lfln•nd poiionrffh¢¢h¥ttyi$4thowThinth•firw¥¥ #•wfi•)t& ThevwwJ5¥erygJ¢¢e$9IJl ncl1.1lIe¥rfIfdoknI$ffi10etojImepdi¢ureffol$0Ific•teAWltrJre onouipment Inthepre¥iov5ye•r pt$4wemor•ih•n budyid wd{hlIhtre411nOPW#lfftIW0ffl off4.994 W3.552 moretknbudw&41 InfrMlructur• The0bha010erwlv1joP4n6¥ndlC¥ltt, ¢oAtn8É180 Aplcturehan&n8ry#emtollowJrt tobedlwlwfftl wOlnAl¥DnSQneW11. Thwewvenoothff enificant+nfrè#rytyUr•1WUe5UrIft8thW RlsMln4•nt TheTruee5haVe¥5fe5 tMIl0r rt5kstothl¢htheCh¥ltyls¢wlln NnnItI8t1Ity. W•¥•siJ•J thèttyst¥n$8relh plxetomn4é¥nd mh1wew09jretothetisksi1+ft. ThSSYEafwem1eadrterrnlneOefforttomlnlmltAwdIt0Tr•¥IprnJ7IOMIlni¥WfQIIOIo1 8nlflcJnt expwdltureln 2024. Th14 p1ujunderspwds0nyrt5nd rewltvjlneydbtuIe¢OfflIw1n atÉi.2Crf) underbudleted RKdpt$ww•hlthArihan budwlduolar8dyto >Jdltlon leA5o1roomhlr4 Irttrètst1ntrfr0MthI$kndlntrÈltcptk Yi•ll.thEreItx¥1¢•$nSprQfft1fjlEa.96?,.hIch d•lcit m1024.
SHIPTON READING ROOM YEAR ENDED 31 DECEMBER 2025 REPORT OF THE TRUSTEES (CONTINUED) Flnw¢lal Revlew Thedet3ilbJ tlnancial poltlon of thecharity isa5shown in the Financial statents Incomeforthey&r was£18,187 Ilncludln8 Interést eamedl, whlch was an 18% Increase on the prevlousyear. Room hirecontributed £5.068. TheTrusteesran a numberof fvndrai%ngeveYtsfor thèhall durSn8theyear and this raised £6,957 net of ThiswasEI,650 hi8herthan the£5.307 iaised13st year. Threeof thevillagÈYs hdd their birthday partles ai the Readin8Rooms and used our bar which contributed $18nificantly to income. Furthermore, ShIpt Ivlllagesumrnerfetel and theTrxtor ParadelChristma5lwwewdl supported by vlllagers whlch both genatl incomeorthe Reading Room and allowe(l us to support othw fundraising causes. General room hlrerequtsrs wereup assatlsfieyj uwsof thehall rttOmMendL usio others. Expendlturefor theyearwas £13.193 whlch was£2,598 le5S than lasl year The main reason for the decrease Sn pendIture1sthat wespent Y8nificantly lesson tyulpment In 2025. Maintenancecostswerealso lowff than in 2024. Thebank balancelncreased between 2025 and 2024 by £4,994 makingthebank balance at theend of2025 £30,769 compared to £25,774 at theend of2024. The balancesheet Increased byES,616 from £25.443 to £31.059. As wdl asthecash in the bank we hold £498 In bar stock. We haveliabilitie50f £207 for theArt Club who plan to use it In 2026 to host an ettI. TheTrustetsagreed to hold a rVe0f £10,000 to covff approximatdy 12 monihsofoperatlonal Cost& The remaining £20,769 wlll behdd to createa rewvefor fijturecapital expenditure and renovation works. Any surplus Sn futureyearswlll be addaj to thls reswveto ensurethecharlty hassufficient funds should Sl6nificant repairs be requlred in thefuiur& Page4
SHIPTON READING ROOM YEAR ENDED 31 DECEMBER 2025 STATEMENT OP PINANCIAL AGTwfflca INCLUDING INCOME AND EXPENDrruREACCOUNT Total 2.025 Totsl 2,024 Income Room Hire Events and Fundrai5in8 Misc. income Interest Donations 5,068 12.555 99 348 118 ,187 3,939 11,021 20 247 148 15,375 Expènses Cleaning lrnaterialsl and congjmables Electrlclty Water Insurance Licencesand certification Equipment Sundrle5 Internet Costs of fundrai9n8 Refunds Maintenance Operatlonal Expens•s 1.586 2.648 118 829 576 842 178 389 5,598 44 385 13.193 1,189 2,623 96 781 474 2,252 593 474 5,714 1,594 15,791 Net Income 416 Final construction payment Total (knratlonal Expenses ,791 Net In¢omln8 resources avallable 4,994 416 Page 5
SHIPTON READING ROOM YEAR ENDED 31 DECEMBER 2025 BALANCE SHEEfAS AT31 DECEMBER 2025 2025 2024 Assets Village H411 Original cost {Notel) 0.00 0.00 Current Assets Cash in hand and at bank Stock Total Assets Current Llablllties Artclub Unpaid expenses Total Llabllltle$ 30,769 498 31,267 25,774 650 26,424 {2071 12331 17481 1981) 12071 m0MentIn cash 4,994 14161 TOTAL NEfASSETS Represented by Capital and retalned surplus 31,059 Note I Theproperty wos gifted to the Trustee5 by the originol ownersot no chorqe The accounts wereapproved by theTrusteeson Mrscooke Chal r and Trustee Page 6