## 

## 

## 

|ObjectivesandActiviti|es||
|---|---|---|
||SORP reference||
|Summary ofthepurposesof|Para 1.17|Theaims of the Groupshallbetoretain|
|the charity as set out in its||andexpand our CommunityLibraryin its|
|governing document||role asacommunityhubforNewbold|
|||Verdon,Barlestoneandsurrounding|
|||villages.Buildingon previous successes|
|||wewillbringtogetherlocal groupsand|
|||individuals from allparts of the community,|
|||providing opportunities forlearning,|
|||development, recreationandshared|
|||experiences.OurLlbrary buildingshould|
|||beattheheartof our community,seen by|
|||all asvaluable, sustainableandaccessible,|
|||supportingimprovedsocialcohesion.|
|Summaryofthemain activities|Para1.17and1.19|Providingabook lending service|
|inrelation tothosepurposes||Providingpubliccomputers and internet|
|forthepublic benefit,in||access|
|particular,theactivities,||Hosting free/low cost events suchas Tots|
|projects or services identified||Tales,Grafting Group andDementia|
|intheaccounts.||Support.|
|||Providing affordable roomhiretolocal|
|||voluntarygroups that runsocialevents|
|||suchasaCinema.|
|||Providingahomeforthe VillageArchive.|
|Statement confirmingwhether|Para1.18|Thetrusteesare awareof the guidance|
|thetrusteeshave had regardto||issued by the Charity Commissionon|
|theguidanceissued by the||publicbenefit.|
|Charity Commissiononpublic|||
|benefit|||



## 

||ISORPreference|ISORPreference||
|---|---|---|---|
||||N/a|
||Para|1.38||
|Policy ongrantmaking||||
|Policy onsocialinvestment||I?e||
|including program related|||N/a|
|investment|l","|||





||||Thelibraryis completely dependent on its|
|---|---|---|---|
||Para|1.38|volunteers, who carry outallnecessary|
|Contribution made by|||taskstokeepthe library operational.|
|volunteers||||
|Other|||N/a|



## 

|Achievementsand Pe|rformance||
|---|---|---|
||SORP reference||
|||During2A22123,theLibraryhascontinued|
|||itsrecovery from the impacts of the|
|||Pandemic,thoughchallengescontinuein|
|Summary ofthemain<br>achievementsofthecharity,|Para 1.20|maintaining Volunteernumbers.Our<br>Libraryhascontinuedtoprovide services|
|identifyingthedifference the||andactivitiesto thecommunity. Visitor|
|charity'sworkhas made to the||numbers improvedduringtheyear,though|
|circumstancesofits||remain below pre-pandemiclevels.This|
|beneficiaries and anywider||yearhasalsoseenthe creation ofour|
|benefitstosociety asawhole.||VillageArchive,housedwithin theLibrary|
|||providingcommunity access toarangeof|
|||historicalresources on the village and its|
|||residents.|



## 

|Additional information(optional)|Additional information(optional)||
|---|---|---|
|You<br>choosetoincludefudherstatements||whererelevant about|
|||Ourinitialobjective wastomaintain|
|||existinglevels of service andavailabilityof|
|Achievements against|Para1.41|the library service andits facilitiesto the|
|objectives set||localcommunity.This hasbeenachieved|
|||andwe continueto buildonthis forthe|
|||future.|
|||N/a|
|Performanceoffundraising|||
|activities against objectives set Para1.41|||
|||N/a|
|lnvestmentperformance|Para1.41||
|against objectives|||
|Other|||





## 

|FinancialReview|||
|---|---|---|
|Reviewofthecharity's|?ara1.21|Ourinitialobjective wastoensure|
|financialpositionattheendof||sufficientreserveswere held sothatinthe|
|theperiod||unlikely eventofreceiving no incomewe|
|||couldstillcover all of our operating costs,|
|||given that grantsfrom fromLeicestershire|
|||CountyCouncilwouldceasein March2022.|
|||Ourfirstyearfollowingthat date provideda|
|||rangeoffinancialchallenges, but results|
|||werebroadlyinlinewith expectations. At|
|||year endaround4years' operating costs|
|||were held.|
|Statement explainingthepolicy<br>for holding reserves stating|Para1.22|lToholdaminimum ofoneyears operating|
|whythey areheld||lcosts.|
|Amountofreserves held|Para 1.22|841,267.00|
|Reasonsforholding zero|Para 1.22|N/a|
|reserves|||
|Details offundmateriallyin|Para 1.24|N/a|
|deficit|||
|Explanation of any|Para1.23|Noneat present|
|uncertainties about the charity|||
|continuing as a going concern|||



## 

|You<br>choosetoincludefur|therstateme|ntswhererelevant about.|
|---|---|---|
|||Given ourcurrentlyhealthy financial|
|thecharity's principal sources<br>offunds(including any|Para 1.47|position,OurLibraryis notcurrently<br>activelyfundraising.Ourprincipalincome<br>comesfromroomhire,andgeneraltrading|
|fundraising)||arising from thesaleof donated itemsand|
|||charges associatedwith providinga|
|||Library service plus occasional donations.|
|||Reserves areheldinaSavingsaccount|
|||that gives the best returnwithinthe terms|
|lnvestment policy and||andconditionsthatarethe most beneficial|
|objectives including any social|Para 1.46|to the library.|
|investment policy adopted|||
|||Ashortage of volunteerstooperate the|
|||libraryaswellassufficientvolunteers to|
|Adescriptionoftheprincipal|Para 1.46|meetrequired standard of governance.|
|risks facingthecharity||Ariskregister hasbeendrawnupandis|
|||reviewed.|
|Other|||





## 

|Description of charity's trusts|||
|---|---|---|
|Typeof governing document|?ara1.25|Constitution|
|Howisthecharity constituted?|Para1.25|CharitableIncorporated Organisation|
|Trustee selection methods|Para 1.25|Newmembersareinvitedtojointhe Board|
|including details of any||ofTrusteesbythe existing Trusteesand|
|constitutional provisionse.g.||formally confirmedbythem|
|electiontopost or name of any|||
|person or body entitled to|||
|appoint oneormore trustees|||



## 

|Additional information(optional)|Additional information(optional)|
|---|---|
|You<br>choosetoinclude further statementswhererelevant about:||
||N/a|
|Policies and procedures||
|adopted fortheinductionand|Para151|
|trainingoftrustees||
||N/a|
|The charity's organisational||
|structure and anywider|Para1.51|
|network with whichthecharity||
|works||
||N/a|
|Relationshipwithany related|Para'1.51|
|parties||
|Other||



## 

|Reference andAdmin|istrativedetails|
|---|---|
|Charity name|Our Library @ Newbold Verdon|
|Cther name thecharityuses||
|Reqisteredcharitynumber|1164233|
|Charity's principal address|Sparkenhoe/Main Street|
||Newbold Verdon|
||Leicester|
||Leicestershire|
||LEggNP|





|||Namesof thecharitytrust<br>managethe charity|ees who|
|---|---|---|---|
|||Trustee name|Office (ifany)|
||1|NigelTrotman|Chair|
|||John Welford|Volunteer Co-ordinator|
|||RickyBell|Premises[t/lanager|
|||Ruth Camamile||
|||Jo Renner||
|1||||
|1|1|||
|1||||
|1||||
|1||||
|1||||
|1||||
|1||||
|1||||
|1||||





## 

## 

## 

## 



|Our Library@Newbold Verdon||164233||
|---|---|---|---|
|||I'||
|Receiptsand|nts|accounts|CC16a|
|01t04t2022<br>Period StartDate<br>Forthe period<br>from|To|Period end date<br>31t03t2023||



||Unrestricted<br>funds|Restricted<br>funds|Endowment<br>funds|Totalfunds|Lastyear|
|---|---|---|---|---|---|
||to thenearestf|tothenearest€|to the nearest€|to the nearest€|to the nearest€|
|A1Recei||||||
|Donations and Grants|5,286||||5,113|
|Fgndraising Events||||||
|General Trading|917||||708|
|Room Hire|1,586||||1,168|
|Bank interest|105||||5|
|Sundries|408|||||
|Subtotal(GrossincomeforAR)|8,302||||6,999|
|A2Asset andinvestmentsales,||||||
|(seetable).||||||
|Subtotal||||||
|Total|||||6qgg|
|A3 Payments||||||
|Cost of fundraising||||||
|lnsurance||||||
||s68||||555|
|Lighting and Heating||||||
||3,269||||2,642|
|Rates||||||
|Repairs and Maintenance||||||
||9,181||||6,405|
|Telephone and lnternet||||||
||705||||681|
|Water and sewerage||||||
||402||||569|
|Website (ltseezee and ThreeRings)||||||
||360||||360|
|Stationery and Newspapers||||||
||741||||410|
|Adhoc||||||
||635||||124|
|Legal costs||||||
|Sub||||||
||15.86'l|||||
|A4Asset andinvestment||||||
|purchases,(seetable)||||||
|Sub||||||
|Totalpa|||||11.746|
|Netof||||||
||||||4.747|
|A5Transfersbetweenfunds||||||
|A6 Cashfundslast year end||||||
||||||48.826|
|Cashfundsthisyear||||41.267||





|SectionBStatement|ofassets an|dliabilitiesat|the end ofth|eperiod||
|---|---|---|---|---|---|
||||Unrestricted|Restricted funds|Endowment|
|Categories|Details||funds||funds|
||||to nearestI|to nearest €|to nearest€|
||CurrentAccount||1,136|||
||SavingsAccount||40,076|||
||pettycash||55|||
|||Totalcashfunds|41,267|||
||(agree balances|withreceipts andpayments||||
|||account(s))||||
||||Unrestricted|Restricted funds|Endowment|
||||funds||funds|
||||to nearestf|to nearest e|to nearest €|
|82Other monetary assets||||||
||Details||Fundto which asset<br>belongs|Cost (optional)|Current value<br>opuonar|
|83lnvestment assets||||||
||Details||Fundto whichasset<br>belongs|Cost(optional)|Current value<br>opuonar|
|84Assetsretainedforthe|Furniture & Equipment||||34,094|
|charity's ownuse|Public computers|||||
||||Fundtowhich|Amount due|When due|
||Details||liability relates|(optional)|(optional)|
|85 Liabilities||||||
|Signed by one or twotrusteeson<br>behalf of all thetrustees|Signature||Print Name||Dateof|
|||(-|NigelTrotman<br>RickyBell||slillyz<br>zlulx|