## 

## 

## 

## 

|ObjectivesandActiviti|es||
|---|---|---|
||SORP reference||
|Summary ofthepur"posesof|Para1.17|Theaimsofthe Groupshallbetoretain|
|the charity as set out inits<br>governing document||andexpand our Community Libraryinits<br>roleasacommunityhubforNewbold|
|||Verdon, Barlestoneandsurrounding<br>villages.Buildingon previous successes|
|||wewillbring together local groupsand|
|||individuals from allparts of the community,<br>providing opportunities forlearning,|
|||development, recreationandshared|
|||experiences.OurLibrary buildingshould|
|||beatthe heart of our community, seenby<br>allasvaluable, sustainableandaccessible,|
|||suppodingimprovedsocialcohesion.|
|Summary ofthemain activities|Para1.17and1 .'19|Providingabook lending service|
|in relation tothosepurposes<br>forthepublic benefit,in||Providingpubliccomputers andinternet<br>aGcess|
|particular,theactivities,||Hosting free/lowcosteventssuchas Tots|
|projects orservicesidentified||Tales,Crafting Group andDementia|
|intheaccounts.||Support.|
|||Providing affordable roomhiretolocal|
|||voluntarygroupsthatrunsocialevents|
|||suchasaCinema.|
|||Providinga homefor the Villase Archive.|
|Statement confirmingwhether|Para1 .'18|Thetrusteesare awareof the guidance|
|thetrusteeshave had regardto<br>theguidanceissuedbythe||issuedbythe Charity Commissionon<br>publicbenefit.|
|Charity Commissiononpublic|||
|benefit|||



## 

||ISORP 'Eference||
|---|---|---|
|||N/a|
||Para1.38||
|Policy on grant making|||
|Policy onsocialinvestment|1.38||
|including program related||N/a|
|investment|||





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



## 

||SORP reference||
|---|---|---|
|||During2023124,theLibraryhascontinued|
|||itsrecovery from the impactsofthe|
|||Pandemicand challenges in maintaining|
|Summary ofthemain<br>achievementsofthecharity,|Para1.20|Volunteer numbershave easedsomewhat.<br>OurLibraryhascontinuedtoprovide|
|identifyingthedifference the||servicesandactivitiesto the community.|
|charity'sworkhas made to the||Visitornumbers again improvedduringthe|
|circumstancesofits||year,thoughremain below pre-pandemic|
|beneficiaries and anywider||levels.Thenewly-established Village|
|benefitstosociety asawhole.||Archive, housedwithintheLibraryhas|
|||continuedtodevelop successfully.|
|Additional information(optional)|||
|Youm<br>choosetoincludefurtherstatements||whererelevant about:|
|||Ourinitialobjective wastomaintain|
|||existinglevels of service andavailabilityof|
|Achievements against|Para1.41|thelibrary service andits facilitiesto the|
|objectives set||localcommunity.This hasbeenachieved|
|||andwe continuetobuildonthis forthe|
|||future.|
|||N/a|
|Performanceoffundraising|||
|activities against objectives set|Para1.41||
|||N/a|
|Investment performance|Pata1.41||
|against objectives|||
|Other|||





|Description of charity's trusts|||
|---|---|---|
|Type of governing document|Para 1.25|Constitution|
|Howisthe charity constituted?|Para 1.25|CharitableIncorporatedOrganisation|
|Trustee selection methods|Pata1.25|Newmembersareinvitedtojointhe Board|
|including details of any||ofTrusteesbytheexistingTrusteesand|
|constitutional provisionse.g.||formallyconfirmedbythem|
|electiontopost or name of any|||
|person or body entitled to|||
|appoint oneormore trustees|||



|<br>constitutional provisionse.g.<br>electiontopost or name of any<br>person or body entitled to<br>appoint oneormore trustees<br>  <br>formallyconfirmed|<br>constitutional provisionse.g.<br>electiontopost or name of any<br>person or body entitled to<br>appoint oneormore trustees<br>  <br>formallyconfirmed|
|---|---|
|Additional information(optional)||
|Youm<br>choosetoinclude further statementswhererelevantabout:||
||N/a|
|Policies and procedures||
|adopted fortheinductionand|Para1.51|
|trainingoftrustees||
||N/a|
|The charity's organisational||
|structure and anywider|Para1.51|
|network with whichthecharity||
|works||
||N/a|
|Relationshipwithany related|Para1.51|
|parties||
|Other||



## 

|Reference andAdmin|istrativedetails|
|---|---|
|Charityname|Our Library @ Newbold Verdon|
|Other namethecharity uses||
|Registeredcharitynumber|1164233|
|Charity'sprincipal address|Sparkenhoe/Main Street|
||Newbold Verdon|
||Leicester|
||Leicestershire|
||LEggNP|





## 

|FinancialReview|||
|---|---|---|
|Reviewofthecharity's|Para1.21|initialobiective wastoensure|
|linancial position at the endof||reserveswere held sothatinthe|
|the period||unlikely eventofreceiving no incomewe|
|||ldstillcover all of our operating costs,|
|||iven that grants frornfromLeicestershire|
|||untyCouncilwouldceaseinMarch2022.|
|||ursecondyearfollowingthatdate|
|||rovidedafurtherrangeoffinancial|
|||allenges, but results werebroadlyinline|
|||expectations.At yearendaround3|
|||rs' operatinq costs wereheld.|
|Statement explainingthepolicy<br>for holding reserves stating|Para1.22|lfonolO aminimum ofoneyears operating|
|why theyareheld||lcosts.|
|Amountofreservesheld|Paru 1.22|Ittz,Bzt.oo|
|Reasonsforholding zero|Para 1.22||
|reserves||lN/a|
|Details offundmateriallyin|Para1.24||
|deficit||lN/a|
|Explanationofany|Para1.23|at present|
|uncertainties aboutthecharity|||
|continuing as aqoinqconcern||l*.r"|



## 

|Youm<br>choosetoincludefu|rtherstateme|ntswhererelevant about:|
|---|---|---|
|||Givenourcurrentlyhealthy financial|
|||position,OurLibraryis notcurrently|
|Thecharity'sprincipal sources<br>offunds(including any|Para1.47|activelyfundraising.Ourprincipalincome<br>comesfromroomhire,andgeneraltrading|
|fundraising)||arisingfromthesaleof donated itemsand|
|||charges associatedwith providinga|
|||Libraryserviceplus occasional donations.|
|||Reserves areheldinaSavingsaccount|
|||that gives the best returnwithinthe terms|
|lnvestmentpolicyand||andconditionsthatarethe most beneficial|
|objectives including any social|Para1.46|tothelibrary.|
|investment policy adopted|||
|||Ashortage of volunteerstooperate the|
|||libraryaswellassufficientvolunteersto|
|Adescription oftheprincipal|Para 1.46|meetrequired standard of governance.|
|risks facingthecharity||Ariskregister hasbeendrawnupandis|
|||reviewed.|
|Other|||





## 

## 

## 




|||Unrestricted<br>funds|Unrestricted<br>funds|Restricted<br>funds|Endowment<br>funds|Total funds|Last year|
|---|---|---|---|---|---|---|---|
|||to thenearestt||to the nearestf|to the nearestf|to the nearest€|to the nearestE|
|A1Rece||||||||
|Donations and Grants|||,lait||||6lQA|
|Fundraising Events||||||||
|General Trading|||781||||917|
|Room Hire|||2,924||||1,586|
|Bank interest|||348||||105|
|Sundries|||||||408|
|Subtotal(GrossincomeforAR)|||5,457||||8,302|
|A2Assetandinvestmentsales,||||||||
|(seetable).||||||||
||Subtotal|||||||
|Total<br>A3 Payments|||||||8.302|
|Cost of fundraising||||||||
|lnsurance||||||||
|Lighting and Heating|||1,314||||s68|
|Rates|||3,672||||3,269|
|Repairs and Maintenance||||||||
|Telephone and lnternet||5,527|||||9,181|
|Water and sewerage|||799||||705|
|Website (ltseezee and ThreeRings)|||515||||402|
|Stationery and Newspapers|||360||||360|
|Adhoc|||898||||741|
|Legalcosts|||812||||635|
|Sub<br>A4Assetandinvestment|||||||t=;;l|
|purchases,(seetable)||||||||
||Sub|||||||
|Total<br>Netofreceipts/(pa<br>^A5Transfersbetweenfunds||13.897<br>-8.440|||||15.861<br>-7,559|
|A6Cashfundslast year end||||||||
|Cashfundsthis|year|32.827||||32.827|41,267|





|SectionBStatement|of assets andliabilitiesat|the end ofth|eperiod||
|---|---|---|---|---|
|||Unrestricted|Restricted funds|Endowment|
|Categorie*|Details|funds||funds|
|||to nearestI|to nearestf|to nearestt|
||Current Account|401|||
||SavingsAccount|32,374|||
||petty cash|52|||
||Totalcashfunds|32,827|||
||(agreebalanceswithreceipts and payments||||
||account(s))||||
|||Unrestricted|Restricted funds|Endowment|
|||funds||funds|
||Details|tonearestf|tonearestf|to nearestf|
|82Other monetary assets|||||
||Details|Fund to which asset|Cost (optional)|Current value|
|83lnvestment assets|||||
||Details|Fund to whrch asset|Cost (optional)|Current value|
|84Assetsretainedforthe|Furniture & Equipment|||32,784|
|charity's ownuse|||||
|||Fundtowhich|Amount due|When due|
||Details|liability relates|(optional)|(optional)|
|85 Liabilities|||||
|Signedby one or twotrusteeson<br>behalf of all thetrustees|Signature|Print|Name|Dateof<br>roval|
|||NigelTrotman|||
|||RickyBell|||