2021-03-31-accounts

Asset and investment	sales,
{seetable).
Total	recei
A3 Payments
Insurance
Ligh!ing and Heating		1,669
Rates
		5,823
ebsite (Itseezee and ThreeRingsj
Legal costs
	Sub tote
Asset and investment
purchases, {seetable)
	Sub tote
Total payme
Net ofreceiptsl(payments
A5 Transfers between funds
A6 Cash funds last year	end	2T27?
Cash funds this	year en	53573

	10522
1,669
5,823	5,757
	1,609
	57

		12	325
		-1	803
27	2?7	29	080
53	573	2T	27T

Financial Review	Financial Review	Financial Review	Financial Review	Financial Review	Financial Review
Review ofthe charity*s							Para 1.21	Our initial objective was to ensure
inancial position			at	the end of				sufficient reserves were held sothat in the
he period								unlikely event ofreceiving no income	we
								uld still cover all ofour operating costs,
								in the face ofreducing grants from
								Leicestershire County Council.
								sa result ofenforced closure during	the
								pandemic, general income fell, however,
								rants from %elocal Council and LCC have
								put us in astrong financial position at year
								nd, whereby 3 years' operating costs	are
tatement	explaining				the	policy	'""-22	held. o hold a minimum ofone years operating
or holding	reserves			stating				osts.
h the	are held
mount ofreserves				held				53,573.00
Reasons	for holding			zero				aVa
eserves
l3etails of	fund materially					in	ra 1.24
eficit
Explanation		ofany					ara 1.23	None at present
uncertainties		about		the charity
ontinuin	as a		oin		concern
Additional		information				(optionalj
You ma	choose to include further statements							where relevant about
								eare currently part supported by
								Leicestershire County Council on a
e charity's		principal			sources			iminishing basis annually, ending in
ffunds (including				any				Ilarch 2022. ln addition Covid grants	have
undraising)								boosted our finances during the year as
								ther sources offunds have declined	due
								oextended riods ofclosure.
								Reserves are held in a Savings account
								at gives the best return within the terms
Investment		policy	and					nd conditions that are the most beneficial
bjectives	including			any social				othe library.
investment		policy	adopted
								shortage ofvolunteers to operate the
								library as well as sufficient volunteers	to
description		ofthe		principal				eet required standard ofgovernance.
risks facing		the charity						risk register has been drawn up and	is
								reviewed.
her

Structure, Governance	and Iianag	ement
Descri tion ofcha 's trusts:
ype of governing document	ara 1.25	onstitution
How is the charity constituted?	ara 1.25	haritable	incorporated		Organisation
rustee selection methods		New members are invited tojoin the Board
including details ofany		fTrustees	by the existing Trustees and
nstitutional provisions e.g.		ormally confirmed		by	them
lection to post or name ofany
rson or body entitled to
int one or more trustees
Additional information (optional)
You ma choose to include further statements		where relevant about
		N/a
Policies and procedures dopted for the induction and	ara 1.51
raining oftrustees
he charity*s organisational tructure and any wider	ara 1.51
etwork with which the charity
orks
elationship with any related	ara 1.51
arties
er

Names ofthe charity trus manage the charity	tees who
rustee name	Office ifan
1Nigel Trotman
ohn Welford	olunteer Co-ordinator
Ricky Bell	Premises Manager
Ruth Camamile
o Renner