LITTLEWORTH READING ROOM & PLAYING FIELD CIO REGISTERED CHAIUTY NO. 1193083 *ORTH RF ANNUAL REPORT FOR PEIUOD I MAY 2024 - 30 APRIL 2025 ", ORTH RF ()RTH RF
LIrnEWORTH READING ROOM & PLAYING FIELD CIO CHAIUTY INFORMATION NAME: LITTLEWOR fFI iiLADTNG ROOM & PLAYING FIEL'D elo ' 1193083 Leah Baigel Nikki Radcliffe Michael Wilson Talisker Tracey-McLeod (ex officio) Lala Phillips (resigned 30.09.2024) Alice Margey (resigned 30.11.2024) Simon Thompson (resigned 03.12.2024) Nick Codd (resiKFneaJ 4.02.2025) CHARITY NUMBER: TRUSTEES AS AT 30 APIUL 2025 ADDRESS FOR CORRESPONDENCE: LittlNvorth Readin8 Room Littleworth Faringdon SN78ED United Trangdom Email: ¢10
Trustees9 Annual Report For the yur ended 30 Aprll 2025 Littleworth Reading Room and Playin8 Field CIO l. Reference and Administrative Details Littleworth Reading Room ttnd PlayiD8 Field CIO is a Charitable IncOryrated Organisation registered in Eng18nd and Wales. The charity is Bovcrned by its Constitution dated 20 December 2020. The clwity is mana1 by 4 BoaTd of Truste As at 30 April 2025 the trustees w¢re: Mike Wilson (Chair) (app)inted January 2024) Leth Caroline Baigel {apinted March 2023) Nicola Radcliffe (apFM)inied Junc 2024) Revd Tajlskffj*L¢ffttfrx officio) Fonner trle¢S 4iyi¥tlF,IY. Lala Phillips (app)intcd Mor¢h 2023, resied September 2024) Alice Margey (appointed Marcb 2023, nomi0 by Gainfield PCC. resigned November 2024) Simon Thomson (apFK)inted January 2024, resid December 2024) Ni¢hola8 Codd (appointed Novembcr 2024. res1w)l Febnwy 2025) The tsustees rerxive DO remuDerntion or benefits from the clwity. 2. Structure, overnance and Management The charity is a small'CIO establis1 under the Charities Act and governed by its Constitution. The Constitution provides for & minimum of three and a MlmuM of five apw)inted trustsA together with Domited and ex officio tnL8tees where applicable. Trustees are appointed in accordance with the Constitution and are recruited througb open advertisement and community networks to ensure an appropriate balance of skills and experienL%. TnS att apw>iDted for thretrye4r fern but may resign at any time. The Board of Ttee5,C¢ts r¢8ularly to Sel strategic directio oversee finances and ensure compliance with le$¥ T10ry obligations. The charity does not employ staff and 811 day-to4ay operalions are camed out by the trustees on a voluntsry basi& The trustees are commltled to transpaw and wluntability. The charity's annual report and accounts are prepared in accordance with the Cl]Arities SORP (FRS 102) and are submitted to the Cljarity Commission as required. The clwity does not bave any trading subsidiaries. ".aiiuus JrL '.1¢.
- Objectives and Activities The objects of the charity are to establish and run a village ljall {the-Readin8 Room,) and playing field for the benefit of the inhabitants of the Parish of Littleworth, near Faringdffl SN7 8ED (interpreted to date as the nwal paTishes of Litt]eworth. Il'ddlcy and Thrupp). without distinction of se& sexual orientatioffj age, disability, nationality, Tace or politi1. religio8 or other opinion5 the Provision of facilities for re¢reatioTh.and othei leisure time occupation of individuals who have need of such facilities by re&8on of their youtK age, infirniity or disablement. financial hardship or social and econoti)ic cir¢umstances or for the public at large in the interests of social welfate and with the object of improvitig the conditions of life of the said IDIlnts. The Reading Room was built in the 1920s by Oriel College, Oxfor& as a First World War memorial and vrns conveyed to trustees in 1923 with the wish that it should be for the use of the whole parish and promote the welfare and happiness of all inhabitants without distinction of class or creed. The building comprises a hall with 1970,3 kitchen and toilet extensio and a self-contsined one.bedroom flat aiK)V< together witb a small SUTroundiDg garden. The playing field was gifted to the vil]age in 1951 by HaTry,>nttl Mlllièeiit'ilose. A plc barn was erected in 1999 and part of the land was planted to ¢reat&'* community woodland known as Weaver's Walk iti 1999-2CW. Managing, maintaining ond investing in the Reading R(K)m and flaL the playiDg ficl playground equipmenL the tx)le bam and Weaver's WalL' Facilitating and promoting use of the facilities. and Undertaking fillthising activities to SllPFK)rt the cTrwity's work. The In have had regard to the Cbarity Commission's guiiiance on public benefit in carrying out these activities and ex¢rci5ing their p)wers and duties.
- Achievements and Perforniance The Reading Room Following a Successf trial. a pernwicot Wi.Fi contract was confiTmed during the year. The Reading Room was ed for tn]stee and Parisb Council M]ngS and hosted a range of community events open to all, including monthly coffee mornings and whist evenings, pop- up pubs. Valentine's drinks, a scam awareness talk from Age Ull 8od,a Macmillan coffee morning. The Reading Room continues to be made available free of charge for thes¢ events and for events held by Holy Ascension Churc14 which does not have its oivn kitchen or toilet facilities. No contribution towards running or maintenance costs were received for usage during the year.
The I1 and its equipment (including table4 urns, glasses and mugs) were algo used by membern of the community for private events such birthday parties and weddings. with donations kindly made to the ¢Jwity. The Flat i¥1 ' bliX!*?I Ii'iiiiu Followin8 a change of tenant and significant investment in irnprovements in the previous year, the rent in¢re&sed from £850 to £1,050 per month in line WAth market rat¢s and the managin8 88ent's recommendatio Electrical works lo the fiC were completed to ensur¢ eompJian¢e with current regulations. The te¢S note that ienancy leDgthy have shortened in rettnt y¢•rs. typically to 12-18 month4 and this lJ&s been reflected in budgding c0Th8iderntions due to the eosts associthd with each chwe of tenancy. The rental incowe from,Ibe gqt remaiDs thc clwity's primary Sou¢ of incorne and is essential to cOVerlI1.111es, Insurance. inspeciions and certification, ond the repair and maintenance of the Reading Room, the flal the playground, Weaver's Walk, and ttee and publi¢ liability insur. Without this income. the charity's ability to deliver public benefit would be significandy reduced. The trle¢S continue to monitor propwd clwes to I10rd and tenant legislation and EPC requirements, which may require additional expenditure in the short-medium tern). Until the new requirements are finalised and a fither EPC assessment can be undertaken to identify the new measutts required, the tn consider it financially imprudent to carry out major insulation works or fiirther improvements at this lime. However. these currently unquantifiable fuw, cosp.T tsken into t&unt during budgetitig discussions. The Playlng Fleld A highly su¢cessfiJl community maintenance weekend followed by a popup pub held in May, bringing tO8ether voluntccrs from across the parisb to repair and restore the playground equipment. The tnthees recogni that the wooden play frame is nearing the end of its life and that replacement will be required in the near future. Community feedback b&s confinned this as a priority, and Options fprxepJaFfwcnt equiprnenL costings and funding will be explored. The 80th anniversaty of li.Day was ¢onllnernorated in June v4ith a beall li8bting. tribute from members of the arnied forces and NHS and popup pub. The annual Church Family Fun Day and Do8 Show w&$ also held on the playing field. No contribution towards m8intcnaoce costs was received foi these even tn July, the wooden play frame was damaged by vandalism and had to be teMp)rllY closed at the start of the sumrner holidays. The trustees are gratef to loc volunteers who donated tbeir time and cxpertise to a5SiSt with repairs. .1gaty. 04 ti.iiai
Vl.él¥ The village w&8 held on the playing field in Nov¢mlw. In March 2025, the inaugural Littleworth Big Run took place. with 150 nmners participating across three dislances. Over £1.7(Ki was raised towards new playground equipmenL and the trustees plan to use these funds to purchase and instsll a disability-fri¢ndly swing. Following its resounding suc¢w the trustees intend to make this an annual fundraising evenL The community's enthusi85rn and sup1 for these events underline what a special ond generous parish and community the charity s¢rv¢s. The trLLStees wish to Tecord their sincere thanks to everyone who contributes their time, energy) SUprt'aa good11, without which the cTrwity could not owatr. Capltal Improvements A community mttting was held in January 2025 to present the charity's fllwicial position and update proposals for improvements to the Reading Roory including Intern wall Insulatio French door5 and thern and acoustic ceiling insulation and related works. An IndeIdent energy assessment undertaken which CODcluded that internal wall insulation would achieve a maximum energy reduction of 2•/0, with a payback period of 772- 1487 years. On this basis, the majority of tnlee$ concluded that it ivould 4Ot bc appropriate to procced and that the a$Slated restricted fimding should be, Fturned, unless the providers would be amenable to the funds being used for the instsllatiwi 0tthern1 and acoustic eeilin8 insulatio A revised proposal for automa*4 push.butto disabilityrycornplianL ramped step-free a3 was developed in order to support certain fimding appli¢ation4 but this significantly increased costs aiK)ve the 0ri8inally contemplated £15,0011-£20.000. Following a number of delays. a Contractor's quote of £55,3(M) (includin8 several provisional sums) was received in November 2024. This figure excluded conlingencies insurance. surveys, building control and other professional fees, bringing the realistic totsl cost tr) an estimated £67.5(J>£75,000. Having carefully considered the charity's financial position and their fiduciary responsibilities, th¢ majority of trustees Concluded that it would not be prudent to prd on this basis and that the projecL as pro5¢d, was not economically viable. The rematning tntteS not¢d that the proposals would have left insufficient funds to address accessibility issues to internal doors. kitchen and toilets, the replacement of the wooden play frame, and FK)tential future costs arising from renters, rights refOrn and EPC changes. The remaxning trustees a8re¢d that more modest works, including thern]818nd acousti ceiling insulation, redecoratio improved light1 additional sockets and hot water repait would be more appropriate at this time. 5. Financial Review Cash fimds held at the bank at 30 April 2025 were £52,095.38. of which £24.LXX) reprented restrict funds.
During the year, the ¢h8Tity had income of £20.352.10 and expenditure of £11,812.92. Income comprised rental income, inteRsL donations for Reading Room use and £7,948 of restricted donations. The ¢h8rity does noLholdxtyifiinds as Custodian trust¢e on behalf of others. The principal SOUTce of income remains the rental incom¢ from the flaL which 18 essential to support the maintenance and opti0Th of the charity's assets and activities. 6. Plans for Future Periods The trustees will continue to prioritise the maintejjance and improvement of the Readin8 Room and playing field. Key areas of focus include planning for the replacement of the wooden play frame, impl¢m¢ntitig thennal and acoustic insulation, hot water, electrical improvements and redecoration of the Reading Room, and monitoring regulatory changes affecting the rentaitytopdm¥iacludin8 EPC requirements and renters, rights reforn]s. The trustees also intend to build on the su¢sS of the Littleworth Big Run as an annual fithising evenL 7. Reserves Policy The Charity maintsins a reserve of £10,000. representing apprnximately one year's rw)ning costs. The trustees Consider this pnent given the age and construction of the Reading R¢x)m (rubble stone with stone slate roof and located in a Conservation Area) and the potential for significant unexp#t¢drtfgir•. 8. Princip1 Rlffjh'and Uncertainties The trustees consider the main risks facing the charity to be the condition and maintenance costs of its ageing buildings and facilities. reliance on rental income from the flat as the primary source of funding, and wtential future regulatory changes affecting landlords and energy efficiency requirements. These risks are managed through regular inspection and maintenanc¢. pnthnt financial planning and n1nlaIn8 appropriate reserves. 9. Statement of Trustees, Responsibilities The tThs are.r preparing the Tntees, Annual Report and the fiDaocial applicable law and regulations. 10. Declaratioll
The tnLStees declare that they have appft)ved this TnLsle¢s' Annual ReL * i Signed on bdf of the trustees: MICHAELWILSON.................. Chair of Trus*es FullName:............MICHAELRWILSON.......... .13102r25............... Signed on behalf of the trustees". NICOLARADCLIFFE.................. tn capacity &8 Trtte Full Damc:.....................NICOLARADCLIFFE........................... ..13102r25...
Tr tru3tees declare that they have apptoved this Trusteej, Annual ert. Signed on half of the trustees: Chair ofTntss 131.. .1...... Sign behalf of the trusttts: In Capacity as Tn Date: IS ..J....2(D .
LIThLEWORTH READING ROOM & PLAYING FIELD CIO REGISTERED CHARITY NO. 1193083 RECEIPTS AND PAYMENTS ACCOUNT FOR FINANCIAL YEAR ENDING 30 APRIL 2025 INU VAI YtAR I*Yl v VAI
Jft UTILtWOftTh READING AOOM & PLAYINfj FItiDcio CHAR(TY INFORMATION NAME.. CHARrrY NUMBER: TRuEEs AS AT 30 APRIL Z025 IirrLEWORTH READING ROOM & PLAYING FIELD CIO 1193083 Leah Balgel Nlkkl Aadcllffe '@&maN.eom Ml¢hael Wllson Trllsker Tracey-M¢Leod lex offldo5-' Lala Phllllps Ireslgned 30.09.20241 Allce Margey Ireslgned 30.11.20241 Slrnon Thompson Ireslgned 03.12.20241 Nlck Codd resi ned 14.02.2025 Littleworth Readlng Room Llttleworth Farlngdon SN78ED Unlted Kln8doffl ADDRESS FOR CORRESPONDENCE: Emall: cloirustee@ all.com 13ymenrs
IEAR Al Recelpts Perfod .o5.2024.30.(.2025 Readin Room Flat Rental Income Donation5 for Readin Room Use Unrestricted Donations Restricted Donations arld Grants Gift Aid Interest £1180) £140.CQ £0 £7948.47 £0 £463.63 Sub totsl £20J52.10 £0 Total Recel £20J52.10 A3 Paymen - water-- Utility- Electrici £335.54 £917.42 £309.49 £1118.53 £432.00 £622.75 £72.C £513.12 Insurance Wifi Littleworth Run Expenses Maintenance of Pla Fields maintenan and Inspection of Pl uipment Flat- Maintenance. Testi & Certification. Invento Maintenance of Reading Room Mana ement of Flat Tenancy Reading Room Welopment Project Fees Expenditure- Ene Audit Reading Room Development Project Fee5 Expenditure- Architert Fees Trdnsfer of Restrirted Donation to Parish Council Bank Account at request of Bethia Thomas Cash Repayment of Restrirted Donatkjn from Littleworth Villa e Events Grou Sub totsl A4 Asset & Investment purthases Total Payments . round E £867.50 £335.40 £1434.C £420.C(J £1759. £10 £1676.17 £11,812.92 £0 £llJ12.92 14et of recelpts/ £819.19 AS Transfer5 betsveen Funds Transfers out of General Account Into CIO Commercial Access Account 59,512.40 l The VOWH Clnd1 thar8es forthls perlod were pjld In Awll 2024 and 2025 50 do not appear In thls set of•Cnt fcnd. mEnts"- . .
Transfers Into CIO Cornmercl•l Inrtant Access Account from General Account Transfers out of CIO Commerclal Instsnt Access Account Into General Account Transfer5 into General kcount from CIO Cornmerclal Instant Acce55 Account £59.512AO A6 Cash funds last year end Account Balance in General Account as at 01.05.2024 Account Balance in CIO Commercial Instant Account as at 01.05.24 Total Cash funds at Bank as at 3Q042024 £52,095.38 £0 £5Z.095.38 Bl Cash funds Cash funds in General Account as at 30.04.25 Cash funds in CIO Commercial Interest Account as at 30.04.25 Cash held as Float Totsl cash fund< B2 Other monetary assets B3 Investment assets B4 Assets retained forthe charlvs own 85 Uablllties £1264.70 £59376.03 £1 £60.734.56 £0 £0 £0 £0 1310212026 'G21 £:??6 NEf TOTAL FOR THE YEAR £60.7X56 Skned ty two trustees beh•ll of¥ll the Thist. 51 nature MIC14AEL WIl)N LEAH BAIGEL Prfnt Name MICHAEL R WILSOM LEAH 8AIGEL Date of Apprry4al 1310212026 10212026 2 Thls Indudes £26.(KM) restrlcted donatlons pr¢r¥lded for varlous purposes whlth are to be used for the specified purpose or returned If the spedfied purposes are unable to proceed on the ba5Ls of the terms •8reed.
Transfers Into CIO Commerdal Instant Actess Account from General Account Transfers out of CIO Commercial Instant Acce Account Into General Account Transfer5 into Genernl kcount from CIO Commerdal Instant Access Account £59,512.40 A6 Cash fvTrds last year end Account Balance in General Account as at 01.052024 Account Balance in CIO Commercial Instsnt Account as at 01.05.24 Total Cash funds at Bank as at 30.0&2024 £52,095.38 £0 £52,095.38 Bl Cash funds Cash funds in General Account as at 30.04.25 Cash funds in CIO Commerclal Interest Account as at 30.04.25 Cash held a5 Float Total cash fund< 82 Other monetsry assets 83 Investment assets B4 Assets retained for the cha B5 Liabilitle5 £1264.70 £59376.03 £1 £60.734.56 £0 £0 £0 £0 NEf TOTAL FOR THE YEAR £60.734.56 Skned two trustres on beh•lfof4n theThWte Prlnt Name 2 This Indudes £26.OW restrirted donatfjons ytyrfded foryarlous purp05e5 whlch are to be used for the specifled purp¢)se or returned rf the spedfied purposes are unable to proceed on the ba515 of the terms alre.