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2021-03-31-accounts

Chair’s Report for 2020

As 2020 started with an increasing Coronavirus infection rate, we had to cancel the first quiz of the year, then went into lockdown and the library did not start to offer normal events and activities until well into 2021.

During this period, we had several resignations from the Trustees for a number of reasons, such as moving away from the area.

We have been trying to interest the library customers into joining the Friends group and becoming a trustee, with a postcard campaign funded by Suffolk Libraries.

We hope to resume activities in 2022.

Maureen Garratt Simpson

Friends of Ipswich County Library ANNUAL ACCOUNTS 2020-21

INCOME & EXPENDITURE ACCOUNT

BALANCE SHEET

for the year ended 31 March 2021

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2019/20 2020/21
INCOME
Sale of goods £142.40 £17.00
One-off events for adults £5,541.29
One-off events for children £66.00
Regular events/activities £1,388.96
Subscriptions £165.54
Miscellaneous £1,198.45 £245.62
£8,502.64 £225.62
EXPENDITURE
Purchase of goods £293.87
One-off events for adults £3,048.30
One-off events for children £169.73
Regular events/activities £0.00
Catering and equipment £2,168.21 £392.98
Miscellaneous £4,222.86 £61.62
£9,902.97 £454.60
Surplus (deficit) for the year -£1,400.33 -£228.98
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ASSETS
Cash at Bank
Cash in Hand
Debtors
LESS LIABILITIES
Creditors
NET ASSETS
at 31 March 2020
£3,092.88
£140.67
£0.00
£3,233.55
£0.00
£3,233.55
at 31 March 2021
£2,863.90
£0.00
£0.00
£2,863.90
£0.00
£2,863.90