2022-03-31-accounts - Upper Norwood Library Trust

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REFERENCE AND ADMINISTRATIVE DETAILS
CHAIR'S REPORT
STRUCTURE, GOVERNANCE AND MANAGEMENT
OBJECTIVES AND ACTIVITIES
ACHIEVEMENTS AND PERFORMANCE	10
FINANCIAL REVIEW
INDEPENDENT EXAMINER'S REPORT	15
NOTES TO THE FINANCIAL STATEMENTS	19

			2022			2021
		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
		funds	funds	funds	funds	funds	funds
Income from:
Voluntary donations		4,659		4,659	30778		30,778
Grants receivable		41,040	94,708	135&748	86&261	95&300	181,561
Charitable activities		66,010		66010	16,041		16,041
Trading activities				84 271	45779		45779
Furlough scheme		41,898		41&898	77,830		77,830
Total income		237 878	94,708	332,586	256,689	95,300	351,989
Expenditure on:
Raising funds		13443		13&443	9.915		9&915
Charitable activities		171,171	87,310	258,481	73,859	98.541	172&400
Trading activities		6o,487		6o,487	39,120		39&120
Total expenditure		245&101	87,310	332&411	122,894	98,541	221,435
Net income/(expenditure)		(7»3)	7,398	175	133795	(3&241)	130&554
Transfers between funds		(397)			(427)	427
		(7,620)	7.795	175	133,368	(2814)	130.554
Reconciliation offunds
Total funds brought forward at 1April		251,496	9,520	261&016	118&128	12&334	130462
Total funds carried forward at31March	17	243,876	17,315	261&191	251,496	9,520	261,016

Balance Sheet as at 31March	2022
					The Claarity
					2022	2O21
Fbied assets
Tangible fmed assets
Imoment in subsidiary mmnany
Camnt assets Debinls and oreyayments			30,6'	l8.632	30,~	l8,68z
Stock			safe		1*5+4
Cash atbank and in hand			2$0a019		230,019
Liabilities
Creditols: amount falhng due ~Mm 1year		i6	(3t,916)	(~L4 Q	(3s,91%	(w~
Xetcarrent assets					2sJaW
Total assets iesis corraathabihtMs			261„191
Totalnet~			a6a,a9a	z6aua6	a6a,aaa~	a6ana6
The fiiiiiads ofthe Charity
Restrictiiid fulxL~
tunior Library (CP3(ums)			1,013	IOQ		hoQ
Localvokntary Parmelship Gnint						50
Pu erto Change- C-19Emeqma Smart CloyhnC~yet Cioyhn Council KW				+.ooo	6,@ST
Cloyhn Household Support Fund			OOOO		eaOOO
SSE- Commumty Business Tlade Lp
Xonrood Forum - Heal&@Gjsl;Hig
LmestncM funds Fixed assets			139'		139SO
Pol&erto Change- Colnmullltv	BUslKR% RenPKatl		S,ooo		S,ooo
SSE- Comnmmty Ihmmss Tlade Lp
General funds			221,+26		221a926
Total Chantyhaads			261a1+1		2&1a1+1

				&&	%S =Serai	pas tele	Total			ltd& 2"eg	ltd& 2"eg
vo!ut22~ Sonamns					4659		4.639	6.— 5				6, 8
Mnatan OStui52tg		XCPCOcaman2 Mrs~)
								so	8
3.Grants receivable
							2022					2021
				Unrestricted		Restricted	Total	Unrestricted		Restricted		Total
Lambeth Council	-Business restart			grants	24,000		24&000	50,428				50&428
Croydon Council						29,985	29,985	27	&500		7&593	35&093
CAB BESNGrant						20,758	20&'758				25&475	25&475
Arts Council - All	Alone	Together								30&043		30&043
GLA - HSFA						20,000	20,000
Norwood Forum	—Healthy Gipsy Hill					4&945	4&945
Power to Change	—Community		Business Renewal		15&373		15&373
Power to Change	—C-19	Emergency		Support						24&470		24&470
SSE- Community	Business Trade Up				1,667	400	2,06'7	8,333			750	9,083
Local Voluntary	Partnership										5,000	5,000
Arts Philanthropy	Trust					2,500	2,500				489	489
Power to Change	- Peer	Brokerage				16,120	16&120				1&000	1,000
Good Things Foundation											6oo	6oo
Neighbourly Community		Fund									400	400
Power to Change-Seed Fund - grant				balance refunded							(S2o)	(S2o)
Total					41&040	94,708	135,748	86,261		95&300		181,561
4.Income from Charitable				Activities
				Qa.ass=tests			Total	~%.12-.2cnsd		a&,es	2"ed
WiMreusm~couass		2nd~			59.995			6 11,306				11.506
ASlilt Pa Sonr&1lg	A~Valises				S,X11			-	-og			08
QUssr educaMnal	at e!K5
BSCLdasses
												16,04s

						2022			2021
		Unrestricted			Restricted	Total	Unrestricted	Restricted	Total
Space and equipment Hire			44 430			44A30	7i334		7 334
Events and bar			39,762			39,762	26,070		26,070
Consultancy							t2 375		52 375
Other sales						79
Total				84,27I		84,27I	45,779		45~779
6. Raising funds
									IC4
								%~A
QL.%C C2SIS
sup$4~ooss							9,559
7. Expenditure on charitable		activities
									2025
		col	%5	lcntd
								6
E?Dnl sr&I'Is»
Cantbsch muncg-Sasaless ~ca. g~n CaS MCan:					20,-55	24 DDO 20. SS
					ao 000	aDWDD
~G'rdon Cunci estral					53625	1$.628
porous Olarce - steerSwim'					55.rao	as.snD		L552	1.152
RK-Contsaunzr aasaless~» ~y					r.150	"6SD	5.5c0		$.500
Croydon Ccetnci Cuitu~ @can					4.cclo
aorre to orange- c-59~resene- support A~phkln'%spy "us					3.0D 2.506	Z~D		sr 465	15465
pe we:ccflange- Corauunm	Susaless ~ant					3 3
t - catruhr=r Pa~tug	@mac							4.550	4.450
AM cQunci - A2A'Ate					5'tt	ass		su.n45	5ts.045
c"orson Gounci vnnsatcotnecnons constbba~ pee-.nenasdr.pns~e						$6		3-5%3 tr.n 6	~1593 sr,n-6
Qoed Thnss Fcundacun								600	6oc
mtghbotnty ccaa~ aced
					S-.sro	LIS.sSS	~,5c0	95.545	rtsX.045
Ctcec.expenfruwon adrercha~ie act~les									x,625
suppo cos&						~as*6	~&L		~65
					S-.src	2~as		5	5 2.400

			u"as "acast				'ra~at
							as 4
segpec= co~							as55-		a9.&„'-
					6e~a,		Sy.ate		39.ase
9.	Support costs
					'k ~a	g P 32		aeaa
						a 'a
'arete
tasepie cesw - scaKncaa~. a.aaaureea			C $ VO		aS.Saa		a5,5-4	«$,3,a	$5.e4a
t,km~ Sukt saghciraaa			".ese	ax+4a	9.aSt		5,aaa	3eAioa	ae,454
Maoists		ta ceasaaalaaataaaaa		55a			a/a		5e
17sat e'5+ s5c%e ~w			9e5	4a	a.Se5		a,s-a	%8M	Kaa
					4.ae5			slats	see
			'3 '4	~~&	4	~ 4	15,59„"-	ta~66	95 ac

10.	Staff costs
		2022			2021
		Group C'ooo	Charity Z'ooo	Group 8'ooo	Charity f'ooo
Wages	and salaries	141,898	141,898	126,359	126,359
Social	security costs	6,57o	6,570	4 352	4 352
Other	pension costs	3~375	3375	3 ao9	3»o9
		151,843	151,843	133,920	133,920

Tangible fixed assets
rhe@reap mdtherh~ta-
	ntadhtiag	rtordrte		taailatiag	rr~
	twpreaw ~eats	mdAV Ktlia~laeat		taaprole -aa&ts	mdAV Eapatptaeat
rr etitapaa tat
cotter~ thfaatioa
A aAgcy					e.tttv	seto
M48ttsaaa					«os=	as,ctss
abspoatca
At"- aAa~
Atcataaitttttd deprmiaioa At a~t Qtpatreatr ta&t~~	hot) 4,vooc!	;5.5sra) 8.5-ss	i~a) iaa.430		'4,are)	,e,tto)
D0sgosrh A8SaStt~	;4.5,ooo)		case-*S	aS.em)	(55ea)	sLt 5tssa)
'Att booka~e
A.=aSta~					8,6aa
					Page	25of29

				The Creusl	The Creusl	TheChatilS-	alp		heChm'2r
					2022	2C!22	2C		202a
						2~«50	5.36c		5 36c
p Cpa) cReuts							=685		2.685
eapayiuC tC 8)!lit!CHSet		812C «a					ac 38"		ac-38
					3e«634		a8,632
16.Creditors: amounts		falling due within			one year
				The Group		The Charity	The Group		The Charity
					2022	2022	2021		2021
Amounts due to Community	Managed Libraries
National Peer Network							11,076		11,076
Amounts due to the subsidiary			company
Accounts payable					9!391	9!391	1,274		1&~74
Accruals and deferred income					25!525	25!525	19,146		19,146
					34,916	34!917	31,496		31!497
17.Movements in funds
									Al3a
						laesaaiag	OIIIN2%a
TheCteap mdtheChmila-						teceutcec	taueatces
cyica «!canc«cat 21wGcan
ck22 «CPInacI) t - Cltx«2lnta.—.ta~~ ta«aaer cchIQSe -0"a9~~c)supp~- Ssa: - Cnucumry ~eaa~«~ -~~ca2ccaaaheac					a« 3oc		'„-aC) ~a,CC ) «a.tac)		a.oas
ttnhnduc~' a.ua						1*Co	wscc)
QaaMWtaRL						ac,-SS	C.-as)
«o&cnccuncst~							(aS.SaS)
~PScntscusehc it Suppc««amf
CLA- ISrA 2«MXSpenna - IteatJar G pat'	~					lcooc 4.916	j1c.c.cc)		494a
Ccaarn&chcutse- peer~-he~e						aS,tie.	aS,tl C')
A'ta ~EEkci"AltAk)neMSIcher on«)crit-a9 Q~c- 'Vxtua		~nneeacna					-ta) ',s6)	pat SS
Clltatltktect selads
rtleS.eaaecl							;tt.SSa)		as SSC
LaeeheJa«!«ICICX - Iecapta!II,.e%u e2taaatters -el«L. Ccaaec22~e-Camaunrr Butaeal Reaeaat ruat SSK - Q222almra ~mell ~Se~				Sc		14ccc aS.S a.SS-	14.coc) (S.5cc'I		S.occ
aenemt Santa vocall atescticled %heats					11SC«a	as~ 1-.-5%	uea.ar.a)		243$%
					26m,ca5		4

The Group and the Charity		At 1April 2020	Incoming resources	Outgoing resources	Transfers	At31March 2021
		restated
Restricted Funds:
National libraries peer network programme		10,822		(11076)	254
Groundwork London WonderWheels	project
Junior Library (CP Mums)		1,013
Arts Council —AllAlone Together			30&043	(3»043)
CABBESNGrant			25A75	(25.475)
LocalVoluntary Partnership Grant			5,000	(4,25o)		750
Power to Change- Seed Fund		500	(52o)		20
Power to Change - C-19Emergency	Support		24470	(21,463)		3&007
Power to Change - Peer Brokerage			1,000	(i,i52)	152
Good Things Foundation			6oo	(6oo)
Croydon Council Cultural Grant			4,000			4~000
Croydon Council Virtual Connections			3.593	(3593)
SSE- Community Business Trade Up			750			750
Arts Philanthropy Trust			489	(489)
Neighbourly Community Fund			400	(4oo)
Total Restricted Funds		12&334	95&300	(98,541)	427	9&520
Unrestricted Funds
Fixed Assets			28„o83	(9471)		18,612
Lambeth and Croydon Councils		(17267)	77,928	(6o,661)
SSE—Community Business Trade Up			8,333	(35iio)		4,833
General funds		135~395	14»345	(49,262)	(427)	228051
Total Unrestricted Funds		118,128	256,689	(122,894)	(427)	251+96
Total funds		1301462	351,989	(221»435)		26+016

						2022	2021
The Group			Unrestricted	funds f	Restricted funds	Total funds	Total funds E
Fixed assets —ITequipment				13950		13~950	18,612
Fixed asset investments
Current assets			264,842		17 315	282)157	273,900
Creditors: amounts	falling due within	1year		(34,916)		(34,916)	(3»496)
			243,876		17 315	26»191	261,016
The Charity			Unrestricted	funds	Restricted funds	Total funds	Total funds
							E
Fixed assets - ITequipment				13~950		13~950	18,612
Fixed asset investments				1		1
Current assets			264,842		17 315	282 157	273~900
Creditors: amounts	falling due within	1year		(34917)		(34~917)	(31497)
			243,876		17315	261~191	261,016