R¢gislcr¢d charity n￿Mber.. 1192590 Elson Community Library & Hub Report of the Trustees and Unaudited Financial Statements 31 December 2025 Elson Commullity Library & Hub Contents P4gt Busin¢sg Information Lliarirman's Kepon Independeni F.xamintr$ Report alance Sh¢ei Noies lo the Accounis El$on Community Llbrary & Hub Busine55 Jnformalion Tru5tee$ Janice Almond- Chair Jane Henr Kartn Hulchi50n Lind3 H911 Dai'id S¥kulLS Robert C'Dion Jaines 14uichison Trt*5ureT Janics Ilutchiwn lthdependenl Ex*miner JPJ B3rdolph A¢¢ouniably l.imii¢d Compass Point F.ngign W3 Harnble Soiitliampion Ilampshire SOJI 4 Bu$iDts£ ¥ddre55 l J6 ('hanir) Gosport Hutnpshir¢ P0124NG ELW Cornmunlty lJbt#ry"& Iluh l.'huifs ￿L'r￿ forthe}UrcndEd31 nc¢¢thY2025 Ib)%v hllic iiVL'r ?J(XItLV51LrL.d ￿'￿￿ersO thi￿ iiftlK'iii bL'in8 L.hildiill. ThI4>W￿. ￿TL. r¢wised w 11 biL4inL.%% b) bL'in¥ hi¥,hlw ¢'ibmrnL'ttdcd in ￿￿niM￿lI1v aword5. (MI idkin¥ukei tliii ¥srll-libvril I)Iiildin￿ ivhil1Fw￿ iired rn11niAincd. I'hi% >Cdrd1ts￿. IIHVL fL4pls¢cd utKI qrea%. Inipn)%Lid lighlin$ th Ik. riar oi'ik. buildiii#. in%kiied exttuclectric 4xkeL4. impwved plumbin¥vnJ upuTrdcdi)ur IT ynd Wlfl. ltsl Ilj WTrsidiii8 M stib5￿￿)lik1 vp libThrv Ik. hub txiniinue4 111 bring InfTgLstrUf1U￿ L WL'fi th) ￿￿'thing. li ¥niM¥ iiithu prvjc¢t. ()ur4V￿1 hu¥i liln¥ ¥0￿. I'iiiotKi*llywcu¢ikiin¥ *¢ll op1¥1￿1 and ￿￿kill8 IWiiiL>. uii1kn¢unthTrly.th￿ Ihv nf I￿. Iiitrry luDdin&'. I￿rrr￿M thir Ill￿￿¥￿111 bc furi￿¥ *iili Ik li)55 vl'ihDs illLQrn¢. AAid i¥r forihis I￿￿1 %liBlii adju51n￿.￿l% tilCsur14Ks r114r￿¥ lib i￿r￿n501￿ ￿l•L AllhouRh will ttdW WL. firnilN IniL'IW Thu+iiitsin &LfYiLis￿IJ¥Rl¢Tldill1IIvn1 tsi s M1￿￿111L￿. lldmlii1.￿ruts)I% Cmlrori wthieli fU￿l%1h) ihL' IoiiLT) ki¢Dd ￿ SrpiLmkT. 11 IiW>l¢'es tu ￿lI¢￿d this i'll￿d WTrbitivn fili )'eAfs. This ioilliilA YLvioiirprKbrii*&w¥' ui Luniini* imrpTo¥eThni (Ifthe iniuluuibn go thc huildin8 IIUF 'Ihi libr￿5 I￿￿Er.14 vr)luntLYr& M￿yu1.￿￿1&'h h4srlwi 14i¢h i￿. i)roMx* Ironi i)r*. It h¥% J ￿n￿ythI Ilic %Lors Lthair 141 Ihis AM￿.1n¥ I hiTrJL' Ittlw dtrL'KILylti) h&ndiTr¥br thL' ￿'[n% io vbi)L J4ms FIuT¢hi4>n .IrLILwr￿r Elson Communlty Library & Hub Indtpendent Ex2mintr's Report to the Trust¢¢ of tht Elcon Communlty Llbrary & Hub for the yegr ¢nded 31 December 2025 l T¢￿rE in the InJSlL'L's on my ¢Yaminaiion ofihe acrounls ol'ihe above Lharily I'the TTUSI'I fur the ar ¢nJLd 31 Decemh¢r 2025. RtSP0114ibililit5 And b*41% of report As Ihe LhJriii s Irusiees. are ￿Sponsible fcir th¢ preparaiioth of Ihe ￿count5 in a¢wTdanc¢ ￿'ith Ihe rcquirL'inenl% of th¢ C'hariiie% Act 2011 I Ihe ALI"). r¢wrt in TLStKLI Ill. iii) exaininalion of (he Tru81's &eLuunls ¥&rried oui under st¢liun 145 uf th¢ 21JI I ALI and ir carrling out my ¢xaminaiion. I ha%,¢ lolloived all Ihe appli¢abl¢ Dir¢clion5 given by th¢ L'liai'ii) lommis5Lon und¢r setiion 1451511bl ol'ihe ALI. Independtnt tx*mi#tr's JlAltmtni <1snncLlbiin willi ih¢ exininalion which 8ive$ ML ¢4U5¢ In beliLlVL' Ihtsi in. uny molLrial T¢$peci'. Ih¢ aicouniiiig records WL'rL' niii kept in ai¢oidan¢e th'iih 5eciion 130 of th¢ Chiriiies A¢i,' or IhL' &CLciunib did noi aLtord ￿lIh the aceDiinlin8 rccord$', or IhL' ULil?unls did ttDI L(Iiiipl> wilh lh¢ &pplicohl¢ r¢quirLinenis LC)ttcernin¥ th¢ foTln and ionieni lif acLI)uiil$ %<1 (Jul in Ihe Charities IAcL(>unls and RL'￿?￿¥) Regulaiion4 2008 1)IliL'r Ihtsn reLiiiirem¥ni Ihai the accouiii.% 81I't Q 'lruc and lair" VICM %4.hith is nol a Lonsidtred a5 nl- n indL'pendL'ni ¢xaminaiion. I n() ¢onLerns and haie Con￿ a¢ross no (liher iiiallcrs in ¢Trnneciion w'iih the tx#iiiinalion 10 II'IIiLli gii¢niiiin %h(>uld be drawn in this rnKnls 255 64.670 262 65.760 94 457 66.573 906 65.952 C-urrent Itabilities Deferr¢J Income Uther liabilities and a¢cNals 4.747 954 5.701 18.823 944 19.767 et ¢vrrtnl a55tt$ 60.251 46.806 et as$etS bund. UnrL51ricied lunds 73,581 64,438 Elson Community LibrAry & Hub Notes to the Attounts for the year ended 31 De£¢mbtr 2025 .4CCOI'%TING POLICIF.S lal Basis ofpreporaiion oJlhe The a¢¢ounlS hai'e been preparcd linder ihe historical cosi coni'enii(>n with iTe¥ns recognised at cost or transH¢iion value unless oiher¥¥ise stated in ihe relL'vanl note5 to the acrounts Tr ac¢ounis have been prcpared in ge￿)rdance with the Siateiii¢ni of Recoiiiinend¢d Pra¢i¢¢¢'. A¢courtling and kewrting by Chariti¢% preparing their 3ccaunis in dccordance wilh (he Finaniial Reptsrting Standard applicabl¢ in Ihe IIK and Republic ol. Ir¢land IFKS 10)) ¢1)￿lIve Janutsry 2019. Ibi F4•rf5 fj¢nLI?I funds rep￿sent the lunds of the charily Ihal are not 5ubj¢ci 10 anv [¢￿TI¢ll0n5 regarding iheir Use and are al'ailable for applieaiion for general purposes. funds designBled lor a particular purpose by Ilie charilv ar¢ also u￿reStrIcted. RcsiriLied fund8 can bt used fknT Particular restricted purposts witliin th¢ objL'cis ot. the charily. Reslriclion£ $rise m.htn specified by ¢h¢ donor or ￿'h¢n funds are rais¢d lor particular r¢sirtek.d purp05e$. (cl Incvmink resources Donaiions. IL'gacie5 and oiher fonns of voluniary income ale recogiiis¢d as incoming TeSOUTces ivhen re¢¥iiable. ex¢¢pi in so faT as th¢v are incapable of financial mea5ufvTnenl. Tradill8 incotne is >iei tsf Telaled exwnses as thi$ beller reflecis the COnlributioD of these Income tax r¢coverable in r¢lg1ion 10 donations r¢c¢ived und¢r Gill Aid is reco8nis¢d ai lh¢ lime of ihe donaiion. Idl Re50ure¢$ txpended F.xp¢ndiiuTe is ac¢ouni¢d foT on An accruals ba$is and has been Classified ￿nder headings that aggregaie all ¢osi Telated to IhL' ¢aiegory. W'h¢r¢ ¢¢¥sts caTinot Ee directly anTibuied lo particular headings Ihev hdi'E been alloca*(I lo activit1¢5 on a basis consistetht wilh the usc of re50UTces. Fuiidraising costs 3r¢ ihose incurred in %¢¢king iolunlar)- contrihuiions and do not include the costs of disseminating informaiion in support of ih¢ ¢haTltable aeiiviti¢s. SuppoTI Losls are those costs in¢urnd directly in support of ¢xpenditurL' on lh¢ objecls of the Charli￿. G[￿￿er￿ance costs ar¢ ihose associai¢d wilh The goi'trnartee aTrang¢m¢nis of the charity. The chariN is exempt from corpotaiion tax on irs ¢haiilable activiii¢s. Elson Community Llbrary & Hub Note5 to Iht Actounts for the y¢ar tnded 31 December 2025 2 Intomini Rtyoyree$ 2024 ITf*nis & donxtionq Cjrallts l)ondii()ns ￿¢t11¢d 28,492 2.483 30,975 44,063 1.244 45.307 l.'h*ril*ble Ietiviiks ML'iiihrr¥hip lolleclion bnxts C'uillinunity e*eni$ 825 1.288 3.841 683 1.385 6.i06 2024 l)thtr ir*ding attivities 8,8K5 5.573 7.859 6.829 5.677 7.712 225 20.443 li'Q ri)om 22.45.3 Inler¥sl receivable 620 32 TntAI incominR rtgipiirttj 60.002 Elson Community Llbrary & Hub Notes to the Accounts for the year ended 31 December 2025 3 Rtsources exptnded 2024 Charitabk *tttvitie5 Pur¥hasvs Decreasc in stn¢ks Wages and s212ri¢s P¢nsi(>ns Employ¢rfs Nl Siaff Iraining and ￿t1[art Rale5 Light Und heat C leaning R¢pairs and maintenance Telephone and inlernet Siaiivneri. and priniing Sofni'are OihLr insurance ¢OSls Adi'ertising and PR D¢pr¢¢iaiion OihLT expens¢s 7.773 11216 13.735 412 12,089 379 496 542 484 1.379 9.907 627 222 790 869 4.273 261 2.228 500 595 5.910 5.592 594 46,820 4X.818 Ciovernance costs Accountani8 fees l)Ihcr legal and prot¢ssional 792 1,249 2,041 756 2.749 Total r¢s0￿rte5 expeTrdtd E150n Community Librgry & Hub Notes to the A¢¢ouNts ror the year ended 31 Dteember 2025 4 Fixed ¥sset$ PlaDt aDd Fixiure%. fittings machikntrv & equipment Toi*l Al l January 2025 Addiiions 5.913 22.048 1.608 27.961 1.608 29.569 A131 D¢cember 2025 23.656 Deprt¢iation Ai l Jalluar% 2025 Char¥e lor the >ear Ai 31 D¢¢¢mber 2025 1.464 8.865 4.727 13.592 10.329 5.910 16,239 2.647 Yti book v41ue Ai 31 Decemkr 2025 3.266 10.064 13.330 Ai 31 Dec¢niber 2024 4.44Y 17.632 S FuTrd$ 2024 Ilnresiricl£d tunds brought foT%4'ard Nel mov¢m¢ni in lunds lJnresiriLled funds carritd lorward 64.438 41,622 22.816 73.581 64.438 In 2024. Ihe charity r¢¢eived grant tunding from Gosp)rt Borough Council kn enable them 10 prokidL' a modeTn and etTi¢ieni Tnformation and 'feLhnolo8y suiie 10 allom. training. edueaiion and access to 311 ot Ihe community. The charity has designaied Ihese funds as follows.. 2024 Designaied fund balancc bioughi forward CJTanl Iiicfrme Teceived F.¥pended durFn8 ihe period Designatrd fund balan¢¢ carried torw'ar 6.178 2.957 3.221 56.845 6,178 Thes¢ d¢signaied funds furm part of ih¢ unrestricted funds tarried fon¥aTd