2023-03-31-accounts

	Aldeburgh	Library Foundation				Cherty	No
Aldebur gh						in any)		1150450
Library		Annual	accounts		for the	eriod
Fottndetion	en snift					Period	cnd
	ds		01/04/22			&/sts		31/03/23
					Restricted
Descriptions by natural category		Unrestricted funds			Income funds	Endowment funds		Total this year	Total last year	Notes
			8			8		E
Income
Local Authonty Grants				100				100	950	A
Charitable, Private Grants and	Loans		1	318				1 318
Oonabons income From Chari/ab/e Act/v/ges			3,009					3009	2,993	C
Subscrlptions, Friends of Ltbmry
Education 8 Events			25	328				25328	28405
income from other trading actitritrec N 9 Ag amounts rounded				628				628	440
Total incoming resources			30	383				30,383	32,789
Expenditure
Cosf ofCharitable Activities
Nianagsment and operational	costs		1	543				1,543	1008	D
Communication Casts			2,615					2,615	1 035
Education Programme 8 Event	Costs		15407					15407	18833
Library Support and Improvements Cost ofTrading Activ/ties			4,708					4,706	4,069	E
Total resources expended			24,273					24,273	24,946
Gross transfers between	funds
Nst funds from Operations			6	110				6 110	7,843
Hetmovementin	funds		6,	110				6,110	7,843
Total funds brought forward			4	870				4870 -	12713
Total funds carr/ed forward			1	240				1240 -	4870
N.B.All amounts rounded

Opening Cash Balance 01/a4/22	Opening Cash Balance 01/a4/22	Opening Cash Balance 01/a4/22					13,259			10,130		12287
Ad/ urt ment due to change			Ill rlocou	hong	pot/or -sae nate t 3					3,129
Net funds from Operations							6,110			6,110		7,843
Cash Movement					Loan	repayment	5000			5,000		10000
					Increase	m canto's	77			77
			Increase	irl smoilnto rsc		tn sdrsnm	978			978
					Increase	m Credgom	3,217			3,21'/
C/os/ng Cash ea/anoe 31/03/23							18487			18487		10130
										Tats!this	Total last
										year		year
Fixed assets										8		8
Tangible assets
fnvestments
Total fi/red assets
Current assets
Debtors										182
(Short term) investments
Cash at bank and in hand
Tots/ current assets										18,66		10,130
Creditors: due within one		year								12,375
Naf current asseM(//ab///t/es)										6,294		10,130
Total assets less current	l/abi/ilies									6,		10,130
Creditors: due after one	year									5,000		15,000	H
Provisions for liabilities and		charges
/yet assets Funds ofthe Charity												4,870
t/nrestricted funds Designated funds										1,294 -		12,713
Total unrestr/cted funds										1,294 -		12,713
Restricted income funds
Endowment funds
Tote/ funds												12,713
									Signature		Date of a rove/
Director and Trustee		Annique		Batters				Chair			30.1123
Director and Trustee		Caroline		Boyd				Treasurer			30.11.23

1		The principal as follows. '	The principal as follows. '	The principal as follows. '	accounting policies adopted in the preparation ofthe accounts	accounting policies adopted in the preparation ofthe accounts	are
	1.1	Bes/s ofPrepare(ion
						The Financial statements have been prepared in accordance with the
						Chanties: Statement of Recommended Practice (FRS 102iand the
						Companies Act 2006.The Aldeburgh Library Foundation meets the
						definition ofa public benefit entity under FRS 1D2.
	1.2	Going Concern			basis
						The Trustees are satisfied that the Foundation is a going concern.
	1.3	income end		Expenditure recognl tlon
						income from exchange transactions (e.g, the provision of educational events) is recognised on completion ofthe hosting ofsuch events.
						Income from non-exchenge transactions (e.g. donations and grants) recognised when there is reliable evidence ofthe charity's eiititlement	is to
						receive the amounts oi donations orgrants.
						The contribution of volunteers represents a valuable resource received
						by the charity and, in accordance usth the Charities SQRP FRS102,	no
						financial measurements ofthe value of such contributions are included
						as income in ths charity's accounts.
						Expenditure is recognised when suppliers oigoods and services have
						fulfilled their obligations to the charity.
	144	Charitable	Resenres			Policy
						The Foundation's cash reserve policy is to meet contractual obligations arising within 12months.
	1.6	Volunteers	end		employees
						The Foundation has no permanent employees or regular volunteers beyond ihe Trustee Board.
	1.6	Corporation		Tax
						The Foundation is exempt from tax on Income and gains falling within section 5D5 ofthe Taxes Act 1989Or section 252ofthe Taxation Of
						Chargeable Gains Act 1992to the extent that these are applied to its charitable objects.