OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2024-03-31-accounts

Company number: 08909086 Charity Number: 1158817

Friends of Burnage Library Limited

Report and financial statements For the year ended 31 March 2024

Doc ID: 7ade7665d77a9406fa3bf4ccca387443ce2bab84

Friends of Burnage Library Limited

Reference and administrative information

for the year ended 31 March 2024

Company number 08909086 Charity number 1158817 Registered office Burnage Library 349 Burnage Lane Manchester M19 1EW Operational address Burnage Library, Activity & Information Hub Burnage Lane Manchester M19 1EW Trustees Trustees, who are also directors under company law, who served during the year and up to the date of this report were as follows:

John McCrory - Chair Peter Thompson - Vice Chair (resigned 16 January 2024) Stella Clare - Treasurer Sue Lloyd Helen Beesley (resigned 1 May 2023) Harriet Morgan-Shami (resigned 23 September 2024) Dareema Rehman Alison Hitchen (appointed 3 April 2023 Jennifer Enobakhare (appointed 12 January 2024) Karen Pudner (appointed 21 October 2024)

Bankers HSBC 760 Wilmslow Road Manchester M20 2DP Accountants Arlo Accountancy Limited 107 Valley Road Stockport SK4 2DB Independent Hannah Elliott FCA Examiner Alker Elliott Accountants Limited 29 Greylag Crescent Worsley Manchester M28 7AB

1

Doc ID: 7ade7665d77a9406fa3bf4ccca387443ce2bab84

Friends of Burnage Library Limited Trustees’ annual report

for the year ended 31 March 2024

The trustees present their report and the unaudited financial statements for the year ended 31st March 2024. Included within the trustees’ report is the directors’ report as required by company law.

Reference and administrative information set out on page 1 forms part of this report. The financial statements comply with current statutory requirements, the memorandum and articles of association and the Statement of Recommended Practice - Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with FRS 102.

Objectives and activities

Objects and aims

Each year our Trustees review the objectives and activities to ensure they continue to reflect our aims. In carrying out this review the Trustees have considered the Charity Commission’s general guidance on public benefit. The Charity’s objectives are:-

Activities undertaken for public benefit in relation to objects

In planning our activities for the year, we kept in mind the Charity Commission’s guidance on public benefit. Regular reports on activities are submitted to the directors at board meetings from the freelance staff to enable the directors to monitor progress. This and other mechanisms, such as the annual rolling plan and budget, enables the trustees to ensure that new and current activities are in line with the charity’s aims and objectives and the Charity Commission’s guidance.

2

Doc ID: 7ade7665d77a9406fa3bf4ccca387443ce2bab84

Friends of Burnage Library Limited Trustees’ annual report

for the year ended 31 March 2024

Achievements and performance

Friends of Burnage Library Limited’s (FOBL) activities and supporters are described below. All our charitable works focus on Burnage and are undertaken to further FOBL’s charitable purposes for the public benefit.

The year 2023-24 marked a milestone for Friends of Burnage Library (FOBL) as we celebrated our 10th birthday. This occasion gave us a chance to reflect on the contributions of local people who saved their library, and continue to contribute to its successful running. It is a testament to the resolve, commitment, and dedication of our volunteers, and the invaluable support of our partners, Manchester Libraries and Southway Housing, that a library service remains accessible to the people of Burnage. While we’re proud of our hard work over the last ten years, exceeding all expectations, there is no room for complacencyespecially as the need for our services grows ever more acute.

This year FOBL continued its work supporting community activities and programmes at our library. After the challenges of COVID and lockdowns, and the hard work re-establishing our service in 2022-23, we used this year to start expanding our offer.

Partnership

Friends of Burnage Library continues its partnership with Manchester Libraries and Southway Housing, who manage the library service and building maintenance respectively. The commitment of our partners to the library service and activities we offer is vital, and we thank them for the support they offer, making our work in the local community possible.

Visitor Numbers

The year 2023-24 saw a 16% increase in visitor numbers, rising from 13,959 to 16,231.

Month Visitors
April (2023) 1,099
May 1,332
June 1,273
July 1,490
August 1,186
September 1,281
October 1,385
November 1,339
December 1,070
January (2024) 1,406
February 1,471
March 1,899
Total 16,231

3

Doc ID: 7ade7665d77a9406fa3bf4ccca387443ce2bab84

Friends of Burnage Library Limited Trustees’ annual report

for the year ended 31 March 2024

10th Anniversary Celebrations

Friends of Burnage Library's 10th Anniversary was celebrated with a series of events throughout 2023, bringing the community together to mark a decade of good work. We were determined to involve every group in the celebration, each marking the milestone in their own way.

Bear Hunt Walk - The Storytime group held a Bear Hunt Walk in May to kick off our 10th Anniversary, 85 parents and children attended and stayed for a picnic in the garden afterwards.

For the Love of Books: Reading Celebration - An evening where book lovers shared their favourite poems and short writings.

Afternoon Tea with Archives Plus - A special visit from Manchester Libraries’ Archives+ during the Local History session. Members of our local history group enjoyed afternoon tea while exploring archival material from Manchester Central Library’s Special Collections.

Talk English Book Making workshop - a workshop with participants from the Talk English group making concertina books celebrating journeys.

Craft Sessions for Children - A series of craft sessions for children were organised and led by Suzanne Smith, with each event well-attended and very popular with local children.

10th Birthday Celebration and Exhibition Launch - Our birthday celebration party was attended by an estimated 300 people, and was an outstanding day for all involved. Among other activities, it featured Storytime with Ilaria Passeri and her puppets; a singalong with the Chorlton Ukulele Group; face painting, mini book making and robot arts. Short addresses were given by volunteer Doreen Robinson; Neil MacInnes, Head of Manchester Library.

A special song was composed and performed by Claire Mooney to celebrate the library’s birthday.

We also commemorated the members of the community that came together to save their library, gathering their stories and images into an exhibition displayed in our activity room. This display charted the Library from its first manifestation as a mobile library in 1931, to the 10th anniversary as a Community Hub. Oral histories were captured to preserve participants’ stories.

Volunteers' Visit to the Lord Mayor - Library volunteers got the opportunity for afternoon tea with the Lord Mayor at Central Library, who recognised their contributions and excellent work in the community.

Activities supported by FOBL

Digital Cafe

Increasing digital literacy is a key priority of FOBL, and our weekly supported drop-in sessions are key to this. We delivered 40 sessions this year, benefiting 240 people. Sessions were run weekly during termtime, with funding secured until 2025 to continue the programme throughout 2024. 80% of participants reported increased confidence, and 60% tried new digital skills since September.

In a collaboration with Manchester City College, several computer science students volunteered as Digital Buddies, providing cross-generational learning opportunities.

4

Doc ID: 7ade7665d77a9406fa3bf4ccca387443ce2bab84

Friends of Burnage Library Limited Trustees’ annual report

for the year ended 31 March 2024

Storytime

Our weekly Singing, Rhyme and Storytime sessions remain enormously popular, led by Sylvia Brown. The session brings parents, grandparents and carers together in a relaxed and informal space, where they are welcomed to stay, chat, use changing facilities, and let their little ones explore the books on offer. The sessions have a hugely loyal following of adults and children, and feature frequent holiday special activities.

Literary Activities

Our library’s Writer in Residence, Joy Wassell-Timms, continues her range of activities and events at Burnage Library. There were three open-mic nights this year averaging 20-30 people in attendance.

The writing group has increased in numbers to six regulars, most of whom contribute to the open-mic nights - increasing their confidence. Our reading group numbers are steady, with around ten attending each session. Writing, literature and reading are alive and well at Burnage Library.

Talk English Classes

Our Talk English group is extremely well attended, with attendees from numerous backgrounds. The sessions connect people to each other, creating a space where people from different backgrounds come together to share their skills, learn something new, enjoy new friendships, and form networks of support, increasing their resilience and wellbeing.

Our volunteer team really settled into the role this year, making great strides with learners over this period. Special activities included a Book Making session with Suzanne Smith, which was well attended and enjoyed by all, and a trip to the Whitworth Museum to explore an exhibition of Middle Eastern textiles.

Carers’ Cafe

Our monthly Carers Network continues to grow with around 18 - 25 people attending - there is support from Manchester Carers Network and visiting speakers on well-being, benefits and housing advice. Attendees have been signposted to our digital sessions for support as so much access to information and benefits is now online.

The Carers’ Cafe is a safe haven for carers, giving them the opportunity to share their stories in a relaxing environment, offering them reassurance, and supporting their mental health. We also offer occasional massage sessions to promote wellbeing!

Local History Sessions

The local history group continued to grow under the leadership of Charlotte Coull, exploring a range of subjects from the local and wider area. The group provides a welcoming and supportive atmosphere, enabling local people to research and discuss topics, as well as to explore shared memories and experiences. Many of the group’s members are older and at risk of becoming isolated, and our fortnightly sessions offer a warm and friendly social outlet for all. This year, trips were organised to the Working Class Movement Library and Salford Museum.

Legal Aid Clinic

We host monthly sessions with Greater Manchester Law Centre, with an average of five calls or face-toface appointments a month, supporting local residents with very complex and acute needs such as eviction notices, issues with private landlords, and benefit problems.

Lego Club

Lego club will be heading into its 9th year at Burnage Library in 2025. 2024 has been another successful year, with many families returning every month to take part, making lasting friends and connections in

5

Doc ID: 7ade7665d77a9406fa3bf4ccca387443ce2bab84

Friends of Burnage Library Limited Trustees’ annual report

for the year ended 31 March 2024

the community. Lego clubbers love the relaxed atmosphere of the library with most using the library to borrow books at the end of the session and joining in with the summer reading challenge and other Library activities.

Art Group

Our monthly art club continues its popularity, giving local people the opportunity to learn new skills, develop their confidence, and produce impressive work.

Led by Tom Musgrove, over the last year they’ve used dry media such as charcoal and graphite sticks; collage with paper and glue; and also wet media with brushes and homemade pen sticks with ink and bleach and also colour with aquapens and coloured pencils. They’ve worked from still life, from memory, from text, and also from sensory stimuli like synaesthesia - sounds and haptics. Cutting and printing have also been incorporated for the first time this year, and are proving very popular indeed.

Sessions have been well attended with attendees reporting an improvement in their skills, their self confidence, and found great benefit in terms of mindfulness.

Craft Group

Our craft group continues to thrive, with up to 20 people attending weekly. Their activities include sewing, knitting, and crochet. They are a diverse, welcoming, and enthusiastic group, and a great asset to the library. The group has shared skills to Repair, Re-use and Recycle clothing, saving participants money and helping to reduce clothing waste.

Children’s Saturday Art Club

In March we began a monthly Childrens’ Saturday Art Club to bring high quality creative experiences to children aged 5-11 as part of our “Arts are for Everyone” programme supported by National Lottery Awards for All funding.

Foodbank

We continued to be a drop off point for the Burnage food bank, which has seen a great increase in demand in recent years.

Volunteers

Our volunteers are central to everything we do at Burnage Library. FOBL recruited six new volunteers this year, including students and local residents, to support the library service and associated programmes.

We organised events to honour our volunteers, including three volunteer lunches, a Volunteer Forum, a Christmas celebration, and an afternoon tea during the summer.

Key Volunteer Milestones:

6

Doc ID: 7ade7665d77a9406fa3bf4ccca387443ce2bab84

Friends of Burnage Library Limited Trustees’ annual report

for the year ended 31 March 2024

Extending Opening Hours

FOBL collaborated with Manchester Libraries to pilot additional opening hours, extending opening on Wednesday evenings until 7pm, enhancing accessibility for those needing library services outside traditional hours.

Governance and Organisational Growth

In this year Friends of Burnage Library:

Financial review

Friends of Burnage Library relies on charitable donations and grants for its income. During the year key sources of income included:

The charity’s expenses are principally freelance sessional workers and a freelance development worker, who helps to organise events and manage the growing team of volunteers. This freelance support will continue to be vital to building the capacity of the charity, in order to both provide an excellent service for the public and a quality experience for our volunteers.

We use an online accounting system (QuickBooks) and an accountant helps to ensure all transactions are correctly recorded, with regular management accounts produced for the board. An annual budget is set and reviewed for the year ahead.

Overall the Trustees were satisfied with the performance of the charity during the 23/24 financial year. Unrestricted income totalled £33,044 (2023: £33,438). There was unrestricted expenditure of £31,980 (2023: £34,367) with expenditure mainly on sessional workers to deliver the library’s activities. Restricted income totalled £35,262 (2023: £31,178) and total restricted expenditure totalled £25,143 (2023: £32,272).

At the end of the year the charity has unrestricted funds of £22,720 (2023: £21,736) and restricted funds of £28,217 (2023: £18,018). The trustees are satisfied that the current operational activities of the

7

Doc ID: 7ade7665d77a9406fa3bf4ccca387443ce2bab84

Friends of Burnage Library Limited Trustees’ annual report

for the year ended 31 March 2024

Library will continue to generate income to cover expenditure and maintain a surplus position on unrestricted funds.

The Trustees are confident that they charity has sufficient income to continue to meet its objectives in the year to 31 March 2025.

Principal funding sources, and how funding has supported key objectives

Manchester City Council “Our Manchester” NIF Grants and Age Friendly funding. Southway Housing Trust – towards running costs of the building. Donations from Room Hire - towards general running costs.

Successful funding bids in the year include:

We are particularly grateful for the ongoing support from Manchester Library Service and funding from Southway Housing Trust without which we would not be able to continue.

Reserves policy

Friends of Burnage Library Limited seeks to build up unrestricted reserves to cover: - our contractual obligations to our suppliers, clients, and funders; legal requirements as specified by HMRC, Companies House and the Charity Commission. In addition, three months’ worth of fixed running cost to allow time for the organisation to complete its contractual obligations and plan an orderly closure or find alternative sources of funding, should it be necessary. The trustees believe that £15,000 adequately reflects three month running costs and are pleased to report that current unrestricted reserves exceed this. Reserves are being carefully managed and reinvested into the library to improve facilities and bring further benefit to the community.

The reserves are used to cover cash flow fluctuations. They can also be used to cover short term gaps in funding; to progress with grant-funded projects which require a funding match, before the match has been secured; towards fundraising; for training and other expenses designed to improve the effectiveness of the organisation.

This policy is reviewed annually. The amount is calculated annually and when there are major changes, such as changes in the staffing levels and the taking on of additional leases.

Investment policy

The charity holds no funds that can be invested for any long period of time. If in future assets are built up above our level of reserves these will be held in interest earning accounts, and the board will annually review its investments to earn the best possible rate of interest.

Plans for the future

Friends of Burnage Library will continue to provide an accessible library. Activity and Information Hub for all local people run by volunteers. We will further develop activities and projects which seek to support young children, older people, socially isolated people and those seeking skills to return to work.

8

Doc ID: 7ade7665d77a9406fa3bf4ccca387443ce2bab84

Friends of Burnage Library Limited Trustees’ annual report

for the year ended 31 March 2024

Structure, governance and management

Organisational structure

The Chairperson leads the Board and has a close working relationship with freelance staff members. Members of the board take on key roles in relation to the supervision of volunteers and running of the charity.

The Treasurer has a close supervision of the day to day running of the finances of the Charity.

Governing document

The charitable company is controlled via its Memorandum and Articles of Association. Board members of the company are volunteer directors of the company and trustees of the charity. The number of members must be a minimum of three.

An AGM is held by the company and the Board of Trustees meets at least six times per year. The board is responsible for policy and overseeing the strategic direction of the Charity. It ensures charity documents and key policies are reviewed on a regular basis.

Recruitment and appointment of Trustees

Trustees are recruited from a number of sources, including personal recommendation, volunteers with the charity, and via advisory bodies such as MACC.

The Board has defined the skill profiles required for its make up and seeks people with the necessary background experience. The Board actively seeks to establish a diversity of backgrounds and experience of its members.

Prospective Trustees are invited to meet the board to find out more about the charity. They are subsequently asked to observe a Board meeting, and co-opted by the board, or appointed during an AGM. They are made aware of their responsibilities as directors and trustees.

Induction and training of trustees

New trustees are given information about Friends of Burnage Library, its policies and procedure and the roles and responsibilities of trustees. They are invited to attend training courses relevant to their roles.

Company status

The organisation is a charitable company limited by guarantee, incorporated on 24th February 2014 and registered as a charity on 9th October 2014.

The company was established under a memorandum of association which established the objects and powers of the charitable company and is governed under its articles of association.

Members of the charity guarantee to contribute an amount not exceeding £1 to the assets of the charity in the event of winding up. The total number of such guarantees at 31 March 2024 was 7 (2023:7). The trustees are members of the charity but this entitles them only to voting rights. The trustees have no beneficial interest in the charity.

All trustees give their time voluntarily and receive no benefits from the charity.

Related parties and relationships with other organisations

The charity operates independently and there are no related party transactions. Board members and their immediate relatives have no contractual relationships, other than at arm’s length, with any suppliers or fund providers.

9

Doc ID: 7ade7665d77a9406fa3bf4ccca387443ce2bab84

Friends of Burnage Library Limited Trustees’ annual report

for the year ended 31 March 2024

Risk management

The Charity has undertaken a comprehensive Risk Assessment and established a policy of regular checking of all the activities of the Charity for risk. A comprehensive Risk Assessment is undertaken annually with regular monthly checks made and reported to the Board. Policies and procedures are reviewed regularly. Insurance is in place to cover all liabilities.

10

Doc ID: 7ade7665d77a9406fa3bf4ccca387443ce2bab84

Friends of Burnage Library Limited Trustees’ annual report

for the year ended 31 March 2024

Statement of responsibilities of the trustees

The trustees (who are also directors of Friends of Burnage Library Limited for the purposes of company law) are responsible for preparing the trustees’ annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime of the Companies Act 2006.

The trustees’ annual report has been approved by the trustees on 17 December 2024 and signed on their behalf by

John McCrory Chair of Trustees

Stella Clare

Treasurer

11

Doc ID: 7ade7665d77a9406fa3bf4ccca387443ce2bab84

Independent examiner’s report

to the members of

Friends of Burnage Library Limited

I report on the accounts of the charity for the year ended 31 March 2024 set out on pages 13 to 26.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (“the Charities Act”) and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner’s statement

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

  1. which gives me reasonable cause to believe that in, any material respect, the requirements: to keep accounting records in accordance with section 130 of the Charities Act; and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act

have not been met; or

  1. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Hannah Elliott FCA Alker Elliott Accountants Limited 29 Greylag Crescent Worsley Manchester M28 7AB

17 / 12 / 2024

12

Doc ID: 7ade7665d77a9406fa3bf4ccca387443ce2bab84

Friends of Burnage Library Ltd

Statement of Financial Activities including Income and Expenditure account for the year ended 31 March 2024

Note
Income from:
Donations and legacies
3
Charitable activities
4
5
Total income
Expenditure on:
Charitable activities
6
Total expenditure
7
Transfer between funds
Net movement in funds for the year
Reconciliation of funds
Total funds brought forward
Total funds carried forward
Net income/(expenditure) for the year
Other trading activities
Unrestricted
funds

£
31,835
1,000
209
33,044
31,980
31,980
1,064
(80)
984
21,736
22,720
Restricted
funds
£
-
35,262
-
35,262
25,143
25,143
10,119
80
10,199
18,018
28,217
Total funds
2024
£
31,835
36,262
209
68,306
57,123
57,123
11,183
-
11,183
39,754
50,937
Unrestricted
funds
£
31,252
2,110
76
33,438
34,367
34,367
(929)
1,323
394
21,342
21,736
Restricted
funds
£
-
31,178
-
31,178
32,272
32,272
(1,094)
(1,323)
(2,417)
20,435
18,018
Total funds
2023
£
31,252
33,288
76
64,616
66,639
66,639
(2,023)
-
(2,023)
41,777
39,754

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

13

Doc ID: 7ade7665d77a9406fa3bf4ccca387443ce2bab84

Friends of Burnage Library Ltd Company number 8909086

Balance sheet as at 31 March 2024

Note 2024 2023
£ £ £ £
Fixed assets
Tangible assets 12 - -
Total fixed assets - -
Current assets
Debtors 13 1,498 780
Cash at bank and in hand 14 49,929 39,464
Total current assets 51,427 40,244
Liabilities
Creditors: amounts falling
due in less than one year 15 (490) (490)
Net current assets 50,937 39,754
Total assets less current liabilities 50,937 39,754
Net assets 50,937 39,754
The funds of the charity:
Restricted income funds 16 28,217 18,018
Unrestricted income funds 17 22,720 21,736
Total charity funds 50,937 39,754

For theyear in question, the company was entitled to exemption from an audit under section 477 of theCompanies Act 2006 relating to small companies.

Directors' responsibilities:

These accounts are prepared in accordance with thespecial provisions of part 15 of the Companies Act 2006 relating to small companies and constitutetheannualaccounts required by theCompanies Act 2006 and are for circulation to members of the company.

The notes on pages 15 to 26 form part of these accounts.

Approved by the trustees on 17 December 2024 and signed on their behalf by:

John McCory (Trustee)

Stella Claire (Treasurer)

14

Doc ID: 7ade7665d77a9406fa3bf4ccca387443ce2bab84

Friends of Burnage Library Ltd

Notes to the accounts for the year ended 31 March 2024

1 Accounting policies

Theprincipal accounting policies adopted, judgments and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

a Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicablein theUK and Republic of Ireland (FRS 102) issued in October 2019 - (Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Friends of BurnageLibrary Ltd meets thedefinition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in therelevant accounting policy note.

The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £ sterling.

b Judgments and estimates

Thetrustees haveestimated therunning costs of theLibrary building to beequivalent to a valueof £30,000 based on prior year calculations provided by theproperty owner. A donation and corresponding expenditure has been recognised for this amount.

Thetrustees do not consider that thereareany sources of estimation uncertainty at thereporting datethat havea significant risk of causing a material adjustment to the carrying amount of assets and liabilities within the next reporting period.

c Preparation of the accounts on a going concern basis

Thetrustees consider that thereareno materialuncertainties about thecharitablecompany's ability to continueas a going concern.

The charity therefore continues to adopt the going concern basis in preparing its financial statements.

15

Doc ID: 7ade7665d77a9406fa3bf4ccca387443ce2bab84

Friends of Burnage Library Ltd

Notes to the accounts for the year ended 31 March 2024 (continued)

d Income

Income is recognised when the charity has entitlement to thefunds, any performance conditions attached to the item(s) of income havebeen met, it is probable that the incomewill bereceived and the amount can bemeasured reliably.

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

Income received in advanceof a provision of a specified service is deferred untilthe criteria for incomerecognition are met.

e Donated services and facilities

Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the useby thecharity of the item is probableand that economic benefit can bemeasured reliably. In accordancewith the Charities SORP (FRS 102), general volunteer time is not recognised; refer to the trustees’ annual report for more information about their contribution.

On receipt, donated professionalservices and donated facilities arerecognised on thebasis of thevalueof the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on theopen market; a corresponding amount is then recognised in expenditure in the period of receipt.

f Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.

16

Doc ID: 7ade7665d77a9406fa3bf4ccca387443ce2bab84

Friends of Burnage Library Ltd

Notes to the accounts for the year ended 31 March 2024 (continued)

g Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of charity.

Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose.

Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity’s work or for specific projects being undertaken by the charity.

h Expenditure and irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

i Operating leases

Operating leases areleases in which the titleto theassets, and the risks and rewards of ownership, remain with the lessor. Rental charges are charged on a straight line basis over the term of the lease.

j Tangible fixed assets

Individual fixed assets costing £250 or more are capitalised at cost and are depreciated over their estimated useful economic lives on a straight line basis as follows:

Computer equipment 33%
Office fixtures and equipment 33%

k Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

17

Doc ID: 7ade7665d77a9406fa3bf4ccca387443ce2bab84

Friends of Burnage Library Ltd

Notes to the accounts for the year ended 31 March 2024 (continued)

l Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

m Creditors and provisions

Creditors and provisions arerecognised where thecharity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions arenormally recognised at their settlement amount after allowing for any trade discounts due.

n Financial instruments

The charity only has financial assets and financialliabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

2 Legal status of the charity

Thecharity is a company limited by guaranteeregistered in England and Wales and has no sharecapital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. The registered office address is disclosed on page 1.

18

Doc ID: 7ade7665d77a9406fa3bf4ccca387443ce2bab84

4 3
Total Room Hire Other small grants Forever Manchester Southway Burnage History Group Burnage Community Our Manchester Southway Digital Café Manchester City Council - NIF Grants Income from charitable activities Total Southway Housing Trust - in kind Donations Income from donations and legacies
1,000 1,000 - - - - - - - £ Unrestricted 31,835 30,000 1,835 £ Unrestricted
35,262 - - 984 2,160 - 27,180 2,178 2,760 £ Restricted - - - £ Restricted
36,262 1,000 - 984 2,160 - 27,180 2,178 2,760 £ Total 2024 31,835 30,000 1,835 £ Total 2024
2,110 990 1,120 - - - - - £ Unrestricted 31,252 30,000 1,252 £ Unrestricted
31,178 - 3,300 - - 7,500 17,933 2,445 £ Restricted - - - £ Restricted
33,288 990 4,420 - - 7,500 17,933 2,445 £ Total 2023 31,252 30,000 1,252 £ Total 2023
5
Sale of books and other items Income from other trading activities
209 209 £ Unrestricted
£ Restricted
- -
209 209 £ Total 2024
76 76 £ Unrestricted
£ Restricted
- -
76 76 £ Total 2023

Friends of Burnage Library Ltd

Notes to the accounts for the year ended 31 March 2024 (continued)

6 Analysis of expenditure on charitable activities

Building running costs
Charitable activities
Freelancers
Repairs
Office Expenses
Professional fees
Sundry expenses
Bad debt write off
Bank charges
Travel and mileage
Volunteer expenses
Support costs
Governance costs
Restricted expenditure
Unrestricted expenditure
Net income/(expenditure) for the year
This is stated after charging/(crediting):
Independent examiner's fee
Total 2024
£
30,000
-
23,760
-
252
-
1,743
600
72
18
-
438
240
57,123
25,143
31,980
57,123
2024
£
240
Total 2023
£
30,000
7,766
23,819
2,448
347
13
1,289
-
67
75
140
435
240
66,639
32,272
34,367
66,639
2023
£
240

7 Net income/(expenditure) for the year

8 Staff costs

No employees has employee benefits in excess of £60,000 (2023: Nil).

The average number of staff employed during the period was nil (2023: nil). The average full time equivalent number of staff employed during the period was nil (2023: nil).

The key management personnel of the charity comprise the trustees. The total employee benefits of the key management personnel of the charity were £nil (2023: £nil).

21

Doc ID: 7ade7665d77a9406fa3bf4ccca387443ce2bab84

Friends of Burnage Library Ltd

Notes to the accounts for the year ended 31 March 2024 (continued)

9 Trustee remuneration and expenses, and related party transactions

Neither the management committee nor any persons connected with them received any remuneration or reimbursed expenses during the year (2023: Nil).

No members of the management committee received travel and subsistence expenses during the year (2023:£nil).

Aggregate donations from related parties were £nil (2023: £nil).

There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.

No trusteeor other person related to thecharity had any personalinterest in any contract or transaction entered into by the charity, including guarantees, during the year (2023: nil).

10 Government grants

Manchester City Council NIF Grants
Our Manchester Grant
2024
£
2,760
18,300
21,060
2023
£
5,745
17,933
23,678

11 Corporation tax

Thecharity is exempt from tax on income and gains falling within Chapter 3 of Part 11 of theCorporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the charity.

12 Fixed assets: tangible assets

Cost
Depreciation
Charge for the year
Net book value
At 1 April 2023
At 31 March 2023
At 31 March 2024
At 1 April 2023
At 31 March 2024
At 31 March 2024
Computer
equipment
£
3,136
3,136
3,136
-
3,136
-
-
Fixtures and
Equipment
£
2,269
2,269
2,269
-
2,269
-
-
£
5,405
Total
5,405
5,405
-
5,405
-
-

22

Doc ID: 7ade7665d77a9406fa3bf4ccca387443ce2bab84

Friends of Burnage Library Ltd

Notes to the accounts for the year ended 31 March 2024 (continued)

13 Debtors

13
Debtors
Trade debtors
14
Cash at bank and in hand
Cash at bank and on hand
15
Creditors: amounts falling due within one year
Other creditors and accruals
2024
£
1,498
1,498
2024
£
49,929
49,929
2024
£
490
490
2023
£
780
780
2023
£
39,464
39,464
2023
£
490
490

23

Doc ID: 7ade7665d77a9406fa3bf4ccca387443ce2bab84

Friends of Burnage Library Ltd

Notes to the accounts for the year ended 31 March 2024 (continued)

16 Analysis of movements in restricted funds

Forever Manchester
Total
Comparative period
Total
Our Manchester
Manchester City
Council NIF Grant
Our Manchester
Digital Café
Health and Wellbeing
fund
Manchester City
Council NIF Grants
Burnage Community
Burnage History Group
Awards for All
Balance at 1
April 2023
£
2,449
15,569
-
-
-
-
18,018
Balance at 1
April 2022
£
2,838
2,386
15,211
-
20,435
Income
£
2,760
18,300
984
2,160
8,880
2,178
35,262
Income
£
5,745
-
17,933
7,500
31,178
Expenditure
£
(5,289)
(17,766)
-
(659)
(979)
(450)
(25,143)
Expenditure
£
(6,134)
(1,063)
(17,575)
(7,500)
(32,272)
Transfers
£
80
-
-
-
-
-
80
Transfers
£
-
(1,323)
-
-
(1,323)
Balance at 31
March 2024
£
-
16,103
984
1,501
7,901
1,728
28,217
Balance at
31 March
2023
£
2,449
-
15,569
-
18,018

24

Doc ID: 7ade7665d77a9406fa3bf4ccca387443ce2bab84

Friends of Burnage Library Ltd

Notes to the accounts for the year ended 31 March 2024 (continued)

Name of restricted fund Description, nature and purposes of the fund

Build our capacity to connect people in Burnage to information, to each other Our Manchester and to opportunities. Manchester City Council NIF Grants Towards digital outreach activites and 10th Anniversary celebration costs Awards for All Arts for Everyone project Burnage Community Project To support Community projects in Burnage. Forever Manchester Funding to provide digitial outreach sessions. Burnage History Group Funding from Southway towards local history group. Digital Café Funding to support the weekly drop in sessions to increase digital literacy.

17 Analysis of movement in unrestricted funds

Comparative period
General fund
General fund
Designated fixed assets
Designated fixed assets
Balance at 1
April 2023
£
21,736
-
21,736
Balance at 1
April 2022
£
21,342
-
21,342
Income
£
33,044
-
33,044
Income
£
33,438
-
33,438
Expenditure
£
(31,980)
-
(31,980)
Expenditure
£
(34,367)
-
(34,367)
Transfers
£
(80)
-
(80)
Transfers
£
1,323
-
1,323
As at 31
March 2024
£
22,720
-
22,720
As at 31
March 2023
£
21,736
-
21,736

25

Doc ID: 7ade7665d77a9406fa3bf4ccca387443ce2bab84

Friends of Burnage Library Ltd

Notes to the accounts for the year ended 31 March 2024 (continued)

Name of unrestricted fund Description, nature and purposes of the fund

General fund The free reserves after allowing for all designated funds

18 Analysis of net assets between funds

Tangible fixed assets
Net current assets/(liabilities)
Total
Comparative period
Tangible fixed assets
Net current assets/(liabilities)
Total
General
fund
£
-
22,720
22,720
General
fund
£
-
21,736
21,736
Designated
funds
£
-
-
-
Designated
funds
£
-
-
-
Restricted
funds
£
-
28,217
28,217
Restricted
funds
£
-
18,018
18,018
Total 2024
£
-
50,937
50,937
Total 2023
£
-
39,754
39,754

26

Doc ID: 7ade7665d77a9406fa3bf4ccca387443ce2bab84