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2022-03-31-accounts

Sully & Lavernock Community Library Trust

Trustees Annual Report 2021-22

The sixth year of operation as a volunteer-run library has seen a continuation of the interruption of service due to the Covid-19 pandemic. Government restrictions enforced varying periods of total closure and restricted access throughout the financial year. Despite this, annual visitor numbers for 20212022 of 2,919 were substantially better than the previous year (1,217). Monthly figures showed a steady increase in visits as confidence returned to the community, with those for March 2022 reaching pre-pandemic levels.

Volunteer availability varied due to volunteers needing to shelter to protect the health of themselves or their family. However, levels remained adequate, with several new recruits replacing those who left for family or health reasons. The trustees are very grateful for the continuing support and dedication of the volunteers.

The trustees continued to explore opportunities to expand the library and its services but its approaches to the Welsh Churches Act Committee for land upon which to develop a new library as part of a larger development proved unsuccessful. However, discussions with the owners of land to the east of the Sully Sports and Social Club are continuing, with the aim of obtaining a site for a new enlarged library to be funded in part by Section 106 monies arising from new housing development in the village.

The reduced footfall resulted in a reduction in cash takings, which was partly offset by further grant aid from the Rate Relief Grant Scheme. Details are contained in the Treasurer’s Report in the Annual accounts.

SULLY AND LAVERNOCK COMMUNITY LIBRARY TRUST ACCOUNTS FOR THE PERIOD ENDED 31 MARCH 2022

SULLY AND LAVERNOCK COMMUNITY LIBRARY TRUST

ANNUAL REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 MARCH 2022

Sully and Lavernock Community Library Trust was constituted on 30 April 2016

and is a registered Charity. It is currently administered by 4 Trustees.

The Library operates from rented premises at 144 South Road, Sully, CF64 5SP

The Trustees for the year 2021-22 were as follows:

Robert A Penrose

Christopher F Tatt

Richard W Thomas

Stephen P Thomas

Trustees are appointed annually at the Annual General Meeting

TREASURER'S REPORT

Library income was £4,038 during the year ended 31 March 2022. Income was stiil restricted due to pandemic restrictions but was bolstered by a further Rate Relief Grant of £3,000

Expenditure totalled £4,083, including £1,000 backdated rent. The loss for the period was therefore £44

Richard W Thomas Trustee 29th April 2022

SULLY AND LAVERNOCK COMMUNITY LIBRARY TRUST

INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2022

INCOME
Sale of Goods (gross)
Hire fees
Community Council Grant
Bank Interest
Covid Support Grants
£
EXPENDITURE
Bank charges
Rent (including outstanding payments)
Water
Heat & Light
Repairs & Maintenance
Insurance
ICT Support Charge
Telephone
Council Recycling supplies
Stationery
Covid related expenses
£
Surplus (loss) for the year
£
2021-22
£
779
255
3,000
5
-
4,038
£
72
1,250
90
880
485
529
-
238
480
59
-
4,083
£
-44
£
2020-21
£
-
-
3,000
13
10,174
13,187
36
250
97
826
105
499
240
369
-
-
175
2,597
10,590

SULLY AND LAVERNOCK COMMUNITY LIBRARY TRUST

ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021

STATEMENT OF ASSETS AND LIABILITIES

CURRENT ASSETS
Cash at Barclays Current account
Cash at Barclays Deposit account
Cash at Unity Current account
Cash at Unity Deposit account
Cash in hand
CURRENT LIABILITIES
Creditors and accruals
NET ASSETS
£
£
2021-22
2,886
15,031
2,449
8,005
60
28,430
50
28,380
£
2020-21
2,886
15,031
2,448
8,000
60
28,424
1,000
27,424

ACCOUNTING POLICIES FOR THE YEAR ENDED 31 MARCH 2022

The Income and Expenditure account has been drawn up as a summary of

the income and expenditure made during the year by the Charity.

The Income and Expenditure Account and Statement of Assets and Liabilities

have been prepared following the guidelines for accounting for smaller

charities issued by the Charity Commission

BANK RECONCILIATION

BARCLAYS BANK
Current account
Deposit Account
UNITY BANK
Current account
Deposit account
1 April 2021
31 March 2022
£
£
2,885.60
2,885.60
15,030.70
15,030.70
2,448.03
2,448.79
8,000.00
8,004.83
Change
£
-
-
-
0.76
4.83
28,364.33
28,369.92
Less unpaid invoice
Change over year
5.59
50.00
-44.41