Registered number
14118614
Open Access Book Collective
Accounts
31 October 2025
Open Access Book Collective
Accountants' Report
Report to the directors on the preparation of the unaudited statutory accounts of Open Access Book Collective for the year ended 31 October 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Open Access Book Collective for the year ended 31 October 2025 which comprise of the Profit and Loss Account and the Balance Sheet from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of Open Access Book Collective, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Open Access Book Collective and state those matters that we have agreed to state to the Board of Directors of Open Access Book Collective, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Open Access Book Collective and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Open Access Book Collective has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Open Access Book Collective. You consider that Open Access Book Collective is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Open Access Book Collective. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Cambridge Tax and Accounting Limited
Chartered Certified Accountants
Brookfields
2A Water Lane
Histon
Cambridge
CB24 9LR
14 January 2026
Open Access Book Collective
Directors' Report
Report of the directors of Open Access Book Collective for the year ended 31 October 2025
1. Introduction
This is the third OBC Directors' report and the second since the OBC was registered as a charity by the Charity Commission of England and Wales on 19 December 2023:
https://doi.org/10.21428/41ca814e.caf1d303
This report provides an overview of core OBC activities, as well as its governance and financial position. A fuller report, including details of the work of our Publisher and Service Provider Members, is published annually on a different cycle. The most recent OBC Annual Report is available here:
https://openbookcollective.pubpub.org/pub/open-book-collective-2024-to-2025-annual-report
2. Governance & Staffing
The Open Book Collective remains established as a charitable Company Limited by Guarantee (CLG) and a UK registered charity. It is governed by the OBC Board of Stewards, which are elected by members and act as the charity’s Trustees. During the period, there were no changes to the membership of the Board.
The OBC did not convene an Annual General Assembly of Custodians (AGAC) during this financial year. The second AGAC took place on 11 September 2024:
https://openbookcollective.pubpub.org/pub/tjbb7k24
The third AGAC is scheduled to take place on 3 December 2025. This reflects an updated financial year and our aim eventually to be able to move the AGAC towards the start of a calendar year, while meeting the requirements that these meetings should occur no more than 15 months apart.
During the period, the board met 4 times, as follows:
8 January 2025
9 April 2025
25 June 2025
10 September 2025
The period also saw some staffing changes, with Kevin Sanders leaving the organisation at the end of September and the OBC welcoming Caroline Ball as its new Community Engagement Lead in October. Current OBC employees include:
Caroline Ball: Community Engagement Lead
Francesca Corazza: Product Manager
Francesca and first Kevin and then Caroline continued to act as the OBC Secretariat, which supports the OBC’s Committees and governance functions. Many thanks to Caroline, Francesca and Kevin for all their work.
Thanks also to our colleagues seconded from partner organisations to the OBC, as part of the Copim Open Book Futures project. This includes Livy Synder (punctum), who leads much of our engagement in North America, Izabella Penier (Lancaster University), who leads our publisher and service provider engagement, and Judith Fathallah (Lancaster University), who leads our research work and work on the Collective Development Fund. Thanks also to Arturo Garduño Magaña who is a contractor who joined the OBC during this period, serving as our Metadata Management Associate.
3. New Members
The OBC ended the 2025 financial year with a total of 18 Publisher and Service Provider Members, with 88 Library Members acting as supporting institutions. During the period, 5 new Publisher Members joined. 17 new library members joined, of which the following 16 have consented to be publicly acknowledged:
New Library Members
Francis Crick Institute (01/04/2025)
Institute of Arts, Design and Technology (18/12/2024)
James Madison University (07/11/2024)
London School of Economics & Political Science (06/02/2025)
London School of Hygiene & Tropical Medicine (24/03/2025)
MIT Libraries (17/03/2025)
Trinity College Dublin (18/12/2024)
University of Anglia Ruskin (24/06/2025)
University of Essex (28/07/2025)
University of Exeter (05/02/2025)
University of Nottingham (06/02/2025)
University of Southampton Solent (28/07/2025)
University of the Arts London (01/04/2025)
University of Warwick (06/10/2025)
University of Wolverhampton (28/07/2025)
University of York (06/01/2025)
New Publisher Members
Arc Humanities Press (16/05/2025)
Edizioni Ca' Foscari (10/01/2025)
LSE Press (08/11/2024)
Sidestone Press (28/02/2025)
Verlag Barbara Budrich (05/02/2025)
4. Outreach & outputs
In this reporting period, the OBC expanded its library outreach, with a focus on strengthening engagement with existing supporters, while also shifting our emphasis from individual institutions to engagement with library consortia.
An important part of this work was a comprehensive Consortia Mapping Project led by OBC staff, which informed a structured approach to engagement across regions. During this period, the OBC was pleased to welcome support from IReL, the consortium of Irish university libraries. IReL became the second consortium to support the OBC, joining California Digital Library (CDL). Additional discussions were held with a number of further consortia, including in Canada, the US, and Scandinavia, with the aim to build support from these organisations in future.
Another key development was the establishment of the General Library Custodian Forum, to function as a regular meeting space for OBC’s library supporters and wider sector stakeholders. The Forum, together with the launch of an OBC listserv mailing list, creates opportunities for information exchange, feedback, and collaboration across the library community.
Regionally, targeted outreach was carried out across the UK and Ireland, Europe, North America, and the Global South. In the UK and Ireland, engagement was strengthened through Research Libraries UK and IReL networks, alongside follow-up work with universities showing high author affiliations with OBC publishers. Across Europe, outreach materials were translated into Italian, Spanish, and French, and new collaborations developed in Germany, the Netherlands, and the Nordic region.
In North America, OBC’s work focused primarily on consortial partnerships, with proposals and presentations to a range of library colleagues at US institutions which emphasised the local impacts of the work of OBC Publisher and Service Provider Members and how the OBC’s work aligns with institutional missions, strategies and priorities. OBC also contributed to a series of international events in Africa and the Middle East. This including joining, remotely, the Forum for Open Research in MENA (Middle East and North Africa) and co-organising a workshop on sustainable OA book publishing at the University of Cape Town Libraries, as part of the 2nd Global Summit on Diamond OA.
Throughout the year, the OBC has had a strong presence at major sector events, including the Charleston Conference in the US, where OBC was featured in a well-attended panel alongside representatives from punctum books, the American Library Association, and the City University of New York. OBC representatives also spoke at UKSG, RLUK, ACRL, AsSIST, OA Tage, OASPA, and the National Open Access Summit in Nigeria, among others. These events were complemented by workshops co-organised with partners including Thoth Open Metadata, OAPEN, AG Universitätsverlage, and the Association of African Universities, and contributions to webinars hosted by NAG, OIPA/IOAP, and IOAP.
Collaboration with Thoth Open Metadata has enhanced the use of author affiliation and usage data in outreach, providing tailored impact evidence to strengthen the case for support in institutional and consortial contexts. OBC continued to coordinate closely with other partners within the Open Book Futures project, including Lancaster University, punctum books, Open Book Publishers, and Jisc, to align engagement with broader sector initiatives.
International and Regional Conferences
Charleston Conference (November 2024) - Panel: Delivering Open Access for Books by Default: The Role of Community-led Funding Models and Infrastructures - speakers: Eileen Joy (punctum books), Emily Drabinski (ALA), Lidia Uziel (UCSB/OBC), Jill Cirasella (CUNY). Poster Presentation by Livy Snyder.
2nd Global Summit on Diamond OA (9-10 Dec 2024) - Workshop: Open Monograph Publishing: Towards Sustainable Open Access Book Publishing in the Global South Context - organised by OBC with partners including African Minds, AAU, UCT Libraries, OAPEN, DOAB, punctum books and Thoth Open Metadata.
UKSG Annual Conference (31 Mar - 2 Apr 2025) - Scaling Sustainability: The Open Book Collective and Community-led OA - Joe Deville. Part of breakout session: It’s nice, but is it sustainable? Rethinking sustainability for Diamond OA infrastructures.
RLUK Annual Conference (Mar & Apr 2025) - Roundtable: Building an Open Monographs Future - Kevin Sanders (with Andrew Barker and Silke Davison [OAPEN/DOAB]). Roundtable: Building an Open Monographs Future: How the Library Community Can Help Create a More Equitable OA Ecosystem - Kevin Sanders with colleagues from York, Oxford, Lancaster and Sussex.
ACRL Conference (2-5 Apr 2025) - OBC exhibition stand.
Association of European Academic Presses Conference (23 May 2025) - Workshop: Scaling Small - Horizontal Collaboration Based on Open Values and Interoperability to Sustain Open Workflows in OA Book Publishing - Kevin Sanders.
Edinburgh Open (4 Jun 2025) - Choosing Open Access for Books: Author Agency and the Open Book Collective - Judith Fathallah & Kevin Sanders.
Association of University Presses Annual Meeting (9 Jun 2025) - Panel: Sustaining Open, Community-Governed Infrastructures: Global Reflections and Perspectives - Joe Deville.
AsSIST-UK Biennial Conference (18 Jun 2025) - STS and the Practical Politics of Scholarly Publishing: Lessons from Infrastructuring the Open Book Collective - Joe Deville.
DIAMAS / Max Weber Institute (June 2025) - Webinar: Open Book Collective: Collectively Funding Diamond OA Books - Joe Deville.
Forum for Open Research in MENA (FORM) (July 2025) - Webinar: Making Space on the Shelves: Open Access Books in Open Science - Kevin Sanders and Kira Hopkins.
NAG Webinar Series (25 Jun 2025) - Beyond Buying Books: Rethinking Content Acquisition in Unstable Times - Kevin Sanders.
Bodleian Libraries Event (25 Jun 2025) - Choosing Open Access for Books: An Author Journey - Judith Fathallah.
AFLIA Conference (21 May 2025) - Workshop: Community-led Open Publication Infrastructures for Monographs - led by Josiline Chigwada (OBC grant recipient).
OA Tage (18 Sep 2025) - Barriers to Collective Funding of Diamond Open Access in Six European Countries - Joe Deville. Tending Community-led Diamond OA Ecologies for Books: A Rewilding of the OA Landscape as a Commons - Kevin Sanders & Kira Hopkins. Workshop: Scaling Small in Practice - Horizontal Collaboration on Open Values and Interoperability - OBC with Thoth, OAPEN and AG Universitätsverlage.
OASPA Annual Conference (September 2025) - OBC featured in panels and discussions on governance and Diamond OA sustainability.
National Open Access Summit (6-7 Oct 2025) - Open Access Books: If Not Now, Then When? - Joe Deville.
Mercian Collaboration Conference (10 Sep 2025) - OBC information stand and advocacy activity - Joe Deville and Kevin Sanders.
Articles, reports and publications
Deville, J., Findanis, J., & Stern, N. (2024). "How Should We Evaluate Open Access Book Publishing?" KATINA Magazine (A2.3).
https://katinamagazine.org/content/article/open-knowledge/2024/how-should-we-evaluate-open-access-book-publishing
Collective Funding Models for Open Access Books: Librarians’ Experiences and Barriers to Participation Across Six European Contexts (Oct 2025). Lead author: Judith Fathallah.
https://doi.org/10.5281/zenodo.17339946
Open Book Collective 2024–2025 Annual Report: A Year of Important Progress (Oct 2025). OBC Team.
https://openbookcollective.pubpub.org/pub/open-book-collective-2024-to-2025-annual-report
5. Collective Development Fund
In late November 2024, the Open Book Collective announced the first recipients of awards from the Collective Development Fund. In early November 2025, the OBC announced some of the awardees from the second round of funding, with additional awardees to be announced shortly. The first and second rounds of funding are based on financial support from our two funders, Arcadia and the Research England Development Fund, as part of the Copim Open Book Futures project. Funds for subsequent awards are funded by an optional 5% fee paid by our publisher and service provider members from revenue received via the OBC. The fund is designed to support projects that build capacity for open access publishing capacity, in line with the OBC's charitable objectives. It supports projects that are able to demonstrate their alignment with one or more of 3 priority areas:
Significant milestones for the Collective Development Fund during the period included:
1 Creating and supporting infrastructures and/or workflows for the distribution, cataloguing and/or preservation of Open Access scholarly books
2 Building and sustaining networks and advocacy for the support of OA scholarly books and infrastructure
3 Projects building capacity for scholarly OA book publishing
The Collective Development Fund does not support direct costs associated with publishing individual texts - sometimes referred to as Book Processing Charges. We aim to allocate at least 30% of funding in each round to projects benefitting work in Lower and Middle Income Countries (LMICs), as defined by the World Bank. Grant awards assessed via external reviews and the proposals and reviews are assessed by a panel including both our Stewards and Members.
In the first round, we made awards to three projects:
1 Fostering Academic Self-Reliance in Nigeria through Open Access Books: Establishing Bookhub, a sustainable platform to empower Nigerian scholars and educators to create, produce, and disseminate high-quality open access books, as well as fostering new collaborations across Academic Publishing Centres in Nigeria's six geopolitical zones.
Awardee: Federal University of Technology, Minna
Amount: £15,000
Press release:
https://openbookcollective.pubpub.org/pub/annoucing-obcs-first-collective-development-fund-award-fostering-academic-self-reliance-in-nigeria-through-open-access-books
2 Enhancing Open Access Book Publishing at Chinhoyi University of Technology Library: Establishing Zimbabwe's first open access university press at Chinhoyi University of Technology in Zimbabwe. Building open access publishing capacity, and publishing a series of new high-quality open access books.
Awardee: Chinhoyi University of Technology
Amount: £15,000
Press release:
https://openbookcollective.pubpub.org/pub/announcing-obcs-second-collective-development-fund-award-enhancing-open-access-book-publishing-at-chinhoyi-university-of-technology-library
3 The Community Publishing Garden: Creating a model of participatory exchange for publishing practitioners and community members to better serve the forms of knowledge emerging from grassroots communities.
Awardee: Radish Press
Amount: £7,500
Press release:
https://openbookcollective.pubpub.org/pub/annoucing-obcs-third-collective-development-fund-awardthe-community-publishing-garden
We have held reporting calls with all awardees for updates on progress and during this reporting period published interim updates from all awardees.
In January 2025, we launched the second Call. We received 13 full applications, of which 6 were advanced to full review. All 6 were from and/or for projects doing significant work in Lower and Middle Income Countries (LMICs). The final decision-making panel met in August 2025. Details of the successful awards were announced after the conclusion of this financial year. Nonetheless, we include the two projects that have so far been announced, at the time of writing; details of the other successful projects will be announced shortly.
1 Empowering Ethiopian Research Universities: A Multifaceted Approach to Overcome Open Access Barriers in Scholarly Publishing: Tackling barriers to OA in Ethiopia via policy development, establishing an open access institutional repository at Haramaya University, and drafting national OA policy guidelines to institutionalize best practices.
Awardee: Haramaya University
Amount: £7,500
Press release:
https://openbookcollective.pubpub.org/pub/announcing-obcs-second-collective-development-fund-award-for-2025-26-empowering-ethiopian-research-universities-a-multifaceted-approach-to-overcome-open-access-barriers-in-scholarly-publishing
2 Knowledge Accessible to the Community: CLACSO as a Platform to Democratize Scholarly Publishing in Latin America and the Caribbean: Providing structured training opportunities in the fundamentals of Diamond OA, and creating working spaces that allow knowledge dissemination through an easily accessible and sustainable virtual platform.
Awardee: CLACSO
Amount: £12,000
Press release:
https://openbookcollective.pubpub.org/pub/announcing-obcs-second-collective-development-fund-award-for-2025-26-knowledge-accessible-to-the-community-clacso-as-a-platform-to-democratize-scholarly-publishing-in-latin-america-and-the-caribbean
6. Funding & financial position
The OBC was supported through the present period by the Copim Open Book Futures project. The project covers the large majority of OBC’s current financial costs and will do until the end of the project on the 30 April 2026.
During the period, a major focus has been on developing a clear roadmap for full financial sustainability, independent of grant funding. This included commissioning Research Consulting to undertake research on our value proposition and to develop different sustainability scenarios. This review confirmed that the OBC can readily sustain itself into the near to medium term at current staffing levels (circa 2.5 Full Time Equivalent) without the need for grant funding and is on track for full break-even and sustainability by 2029, if we are able to continue increasing support for our collective offering to approximately 200 libraries regularly supporting our Members.
We have also pursued grant funding opportunities during the period. The OBC was a partner on a submission by the Association of African Universities to the Invest in Open Infrastructure (IOI) fund for Network Adoption. This bid made it to the final shortlist, but was unfortunately ultimately unsuccessful.
We look forward to providing further updates about the development of the OBC in next year’s report.
Prof. Joseph Deville
OBC Managing Director and Trustee
Approved by the board on 14 January 2026
Open Access Book Collective
Profit and Loss Account
for the year ended 31 October 2025
2025 2024
£ £
Turnover 39,726 44,476
Other income 334,821 229,487
Grants and donations (45,520) (1,369)
Gross profit 329,027 272,594
Staff costs (118,445) (113,343)
Other charges (118,382) (66,033)
Profit 92,200 93,218
Open Access Book Collective
Registered number: 14118614
Balance Sheet
as at 31 October 2025
2025 2024
£ £
Current assets 285,412 307,248
Creditors: amounts falling due within one year (52,506) (33,182)
Net current assets 232,906 274,066
Total assets less current liabilities 232,906 274,066
Accruals and deferred income (10,871) (144,231)
Net assets 222,035 129,835
Capital and reserves 222,035 129,835
Number Number
Average number of employees 2 2
The company is a private company limited by guarantee and incorporated in England. Its registered office is One Bartholomew Close, London, EC1A 7BL.
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Prof. Joseph Deville
Director
Approved by the board on 14 January 2026
Open Access Book Collective
Detailed profit and loss account items
for the year ended 31 October 2025
This schedule does not form part of the statutory accounts
2025 2024
£ £
Turnover
Fees from institutions 18,341 20,127
Fees from providers 21,385 24,349
39,726 44,476
Other income
Donations from providers to development fund 18,341 20,387
Grants 312,360 208,408
Interest receivable 4,120 692
334,821 229,487
Grants and donations
Collective Development Fund 45,520 1,369
Staff costs
Wages, pensions and social security costs 117,776 112,640
Payroll overheads 669 703
118,445 113,343
Other charges
General administrative expenses:
Admin 381 494
Bank charges/(cashback) 30 (172)
Conferences/events 16,454 6,628
Equipment 1,664 -
IT Costs 3,873 1,391
Legal and accounting 15,848 13,336
Network engagement 15,077 10,000
Report on collective funding models 180 -
OBC board translations 5,093 1,404
Platform development 11,860 20,000
COPIM Wordpress design 3,800 -
Consultancy fees 16,200 -
Video production 11,810 -
Travel and subsistence 15,617 13,821
Exchange losses/(gains) 495 (869)
118,382 66,033
118,382 66,033
Open Access Book Collective
Detailed balance sheet items
as at 31 October 2025
This schedule does not form part of the statutory accounts
2025 2024
£ £
Current assets
Trade debtors 2,135 94,840
Other debtors: Loan to OJC (Open Journals Collective) 5,000 -
Cash at bank 278,277 212,408
285,412 307,248
Creditors: amounts falling due within one year
Trade creditors 13,049 2,776
Platform providers 39,184 27,291
Other creditors 273 3,115
52,506 33,182
Accruals and deferred income
Deferred income 10,871 144,231
Capital and reserves
Profit and loss account 222,035 129,835
Profit and loss account
Brought forward 129,835 36,617
Profit 92,200 93,218
222,035 129,835
Open Access Book Collective 14118614 false 2024-11-01 2025-10-31 2025-10-31 VT Final Accounts July 2024 Prof. Joseph Deville No description of principal activity 14118614 2023-12-19 2024-10-31 14118614 2024-11-01 2025-10-31 14118614 bus:CompanyLimitedByGuarantee 2024-11-01 2025-10-31 14118614 bus:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 14118614 countries:England 2024-11-01 2025-10-31 14118614 bus:Director40 2024-11-01 2025-10-31 14118614 bus:Micro-entities 2024-11-01 2025-10-31 14118614 bus:FullAccounts 2024-11-01 2025-10-31 14118614 2025-10-31 14118614 2024-10-31 xbrli:pure