Castle Donington Community Library
- Treasurer report 2024 2025
During this financial year the library has managed to cover all running costs using existing funds. We have also secured grants and donations as follows
£2500 donation from NEXT which can be used towards running costs
£1000 from Parish Council (actually received £183 as the remainder was used to purchase a replacement laptop, for which we are currently waiting for S106 monies to cover this)
£250 from Love Castle Donington which was used to purchase a new banner and display board
£500 from the Co Op to use to purchase large print books
£7930.78 S106 money used to refurbish the childrens area, new end panels and furniture
We have also been actively fund raising, which consisted of 3 quizzes in April’24, Oct’24 and March’25, together with a stall at the May Market and the Christmas Cheer, and sales of knits and chocolates. The total profit from these events were £3143.25 which has been fantastic and we were delighted to receive funding of £760 from East Midlands Airport which covered the costs involved ( we actually received the funds for this in the previous financial year.
Other income generated from day to day operations ie printing, fines, customer donations, fancy dress hire, jigsaw sales, book sales came to £1662.03
Our main expense is the utility bills which came to £4666.67 which is lower than the previous year as part way through the year, the Parish Council kindly reduced our quarterly bills to £1000. Other expenses of note were Insurances £584.21, phone costs £732.33
The annual figures are as follows
Total Income £8097.73 Total Outgoings £7084.43 Net Profit £1013.30 Funds at year end £21402.09
Accounts have been independently checked and verified and are ready for approval by the Trustees and submission to the Charities Commission Board
Alex Snowden, Treasurer, May 2025
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