CHARITY COMMISSION
FOR ENGLAND AND WALES
CHARITY COMMISSION
FOR ENGLAND ANO WALES
Trustees, Annual Report for the period
From
1"April 2024 To
31" March 2025
Charity name: Our Library @ Newbold Verdon
Charity registration number: 1164233
Objectives and Activities
SORP reference
Para 1.17
ummary ofthe purposes of
he charity as set out in its
oveming document
he aims of the Group shall be lo retain
nd expand our Community Library in its
role as a community hub for Newbold
erdon, Barlestone and surrounding
illages. Building on previous successes
8 will bring together local groups and
individuals from all parts of the communfty,
providing opportunities for learning.
development, recreation and shared
xperiences. Our Library building should
be at the hèart of our community, seen by
11 as valuable, sustainable and accessible,
ortin
roved social cohesion.
Providing a book lending service
Providing public computers and internet
ccess
Hosting freellow cost events such as Tots
ales, Crafting Group and Dementia
upporL
Providing affordable room hire to local
oluntary groups that run social events.
Providin
a home for the Villa
e Archive.
he trustees are aware of the guidanco
issued by the Charity Commission on
public benefiL
Summary of the main activities
in relation to those purposes
or the public benefit, in
particular, the activities,
projects or seNices identified
in the accounts.
Para 1.17and 7.19
Statement confimiing whether
he trustees have had regard to
he guidance issued by the
Charity Commission on publi
benefit
ara 1.18
Additional information loptionall
You ma choose to include further statements where relevant about..
ORP referen
Nla
Policy on grant making
ara 1.38
Policy on social investment
including program related
investment
Par8 1.38
Nla

he library is completely dependent on its
olunteers, who carry out all necessary
asks to keep the library operational.
ara 1.38
ontribution made by
olunteers
ther
Nla
Achievements and Performance
ORP referen¢e
Durtng 2024125. the Library has continued
to meet a range of challenges, including
tho loss of one regular income stream.
Plans are in place to address future
funding challenges. Our Llbrary has
continued to provide services and activities
o the community. Vi51tor numbers agaln
improved during the year, though remain
below pre-pandemic levels. The rapidly-
developtng Village Archive, housed within
the Library has continued to grow
successfull
ummary ofthe main
chievements of the charity,
identifying the difference the
harity's work has made to the
ircumstances of its
beneficiaries and any wider
benefits lo society as a whole.
ara 1.20
Additional infomiation (optionall
You ma choose to include further statements where relevant about..
Our initial objective was to malntain
existing levels of service and availability of
he library service and its facilities to the
local community. This has been achieved
and we contlnue to build on this for the
uture.
Nla
chievements against
obje¢tives sel
ara 1.41
Perfomiance of fundraising
activities against objectives set
PaTa 1.41
Nla
Investment perfomiance
against objectives
ar& 1.41
ther

Financial Review
Review of the chaiity's
Inancial position at the end of
he period
Para 1.21
ur initial objective was to ensure
ufficient reserves were held so that in the
unlikely event of receiving no income we
ould still cover all of our operating costs,
given that grants from from Leicestershire
County Council would cease in March 2022.
Our third year following that date provided
a further range of financial challenges, but
results were broadly in line with
xpectations. At year end around 3 years.
neto
eratin
costs were held.
o hold a minimum of one years operating
costs.
statement explaining the policy
or holding reserves stating
are held
mount of reserves held
Reasons for holding zero
reserves
Details of fund materially in
eficit
Explanation of any
uncertainties about the charity
continuin
asa
oin
concem
ar8 1.22
ar3 1.22
Paro 1.22
6 581.00
Nla
ara 1 24
Nla
Para 1.23
None at present
Additional infomiation (optionall
You ma choose to include further statements where relevant about..
ur Library is not currently actively
undraising though it is proposed to
commence this during the year ahead as
reserves are depleted. Our principal
income comes from room hire, and general
ading arising from the sale of donaled
items and charges associated with
providing a Library service plus occasional
donations.
Reserves are held in a Savings account
that gives the best return within Ihe terms
and conditions that are the Most beneficial
o the library.
he charity's principal sources
f funds (including any
undraising)
Para 1.47
Investment policy and
bjeclives including any social
investment policy adopted
Para 146
shortage of volunteers to operate the
library as well as sufficient volunteers to
meet required standard of governance. In
e longer term, inadequate funds.
risk register has been drawn up and is
reviewed.
description of the principal
risks facing the charity
P8ra 1 46
Other

Structure, Governance and Management
Descri
tion of charil
's trusts".
ype of governing document
Para 1.25
onstitution
How is the charity constrtuted?
Para 1_25
haritable Incorporated Organlsation
rustee selection methods
including details of any
onstitutional provisions e.g.
lection to post or name of any
erson or body enlitled to
oint one or more trustees
ara 1.25
New members are invited to join the Board
of Trustees by the existing Trustees and
omially confirmed by them
Additional infomiation (optional)
You ma
choose to include further statements where relevant about-.
Nla
olicies and procedures
dopted for the induction and
raining of trustees
Para 1.51
Nla
he ¢harity's organisational
Iructure and any wider
network with which the charrty
orks
Para 1.51
Nla
elationship with any related
rties
Para 1.51
ther
Reference and Administrative details
Charil
name
ther name the charit
uses
istered charit
number
Charity's principal address
Our Libra
Newbold Verdon
1164233
Sparkenhoelmain Street
Newbold Verdon
Leicester
Leicestershife
LE9 9NP

Names of the Gharity trustees who
manage the charity
rustee name
Nigel Trolman
Christine Jennings-sharman
Ricky Bèll
Ruth Camamile
Jo Renner
office
Chair
ifan
Premises Manager
11
Cor
orate trustees- names of the directors at the date the re
ortwasa
roved
irèctor name
Name of trustees holding title to property belonging lo th8 charity
rLtstee name
Dates acted bf not for whole èar

Funds held as custodian trustees on behalf of others
scription of the assets held
n this capacity
Name and objects ofthe
harity on whose behalf the
ssets are held and how this
alls within the custodian
harity's objects
Details of arrangements for
afe custody and segregation
f such assets from the
harily's own assets
Addltlonal inforniation (optional)
Names and addresses of advlsers (Optional
information)
o of adviser
Name
Name of Chief executive or names of senior staff
members Ioptional information)
Exemptions from disclosure
Reason for non-disclosure of ke
ersonnel details
Other o
tional information

Declarations
The trustees declare that they have
approved the trustees, report above.
Signed on behalf of the charity's trustees
Signaturo(s
Full name(s
kJi6ÉL fnANy Z ,
Position leg Secretary, Chair, et
lo

ui Llbrary
Newbold Verdon
1164233
(OMM
Receipts and payments accounts
CC16a
For the pedod
from
Perioc* Start D81e
0110412024
Poriod ?nd date
3110312025
To
Section A Receipts and payments
Unrgstrlcted
funds
Restrlcted
funds
toth• neorest£
Endowm¥nt
funds
tD nearest £
Total funds
Last y•ar
tothe nearvt
tothe noargst£
to th• 11￿r•S1£
Al Recei
[)￿tionS and Grants
4,616
Fundraisjn
Events
Genwal Tradi
1.157
781
Royjtn Hire
2A32
2.924
8anh Intèrest
308
348
Sunthe5
Sub tot81(Gross income forAR)
¢S13
S.457
A$$g14nd Invo¥tm?nt sales,
Is•è tablèl.
Sub total
Total receip
A3 Payments
ost of funijraising
Insurance
674
1,314
ighting Hgatsng
3.906
3,672
Rates
epa1rs and M8inien8nce
5,252
&627
elephone and Intetnet
499
799
ater and se4verage
1.656
515
ebsite Illseeze9 afKI ThreeRingsl
376
360
Eats￿ery and NewspapetS
1.102
898
893
912
L￿al c09ts
Sub tota
14.7
4 Assèt and investment
purchases, Isa• table)
Sub tota
Total paym
Net ofrnwpts/fpayments
A5 TranSf￿S between fund$
13.897
A6 Cash funds last yaar •nd
Cash funds this year en
32.827
26.581
26.581

Section 8 Statement of assets and liabilities at the end of the period
Unrestncted
funds
to nearest É
Re8th'cted fund8
Endowmeni
funds
lu nearest£
Categories
Details
to r￿Tea £
urTenl Account
582
avin95 Ar￿Unt
2S.971
cash
48
Total cash funds
26,581
<•Jreeb*n￿
.Al($11
un￿stricted
funds
10 neare51 £
Restricted funds
Endowrnenl
funds
to rearest£
Details
lo nearest I
B2 Other monetsry assots
Fund to which asset
b￿￿g5
Details
Cost ltiption811
Current
lotyonall
83 Inv•stmgnt assols
Fund to asset
b￿￿9$
Current v81ue
loptiorLEII
33,027
Details
umrture & EquiprDent
Cost (opbon￿l
B4 Assets r¢taln•d for the
¢harity's own use
Fund towhich
h'aLylity rdates
An￿)Unt du8
loptionall
du8
(option￿)
Details
BS Llabilltios
Signed by ore or two trustees on
behalf of all the Iru5tees
Signature
Print Name
Date of
roval
el Trotrnan
Ricky Bell