# **FEMINIST LIBRARY AND INFORMATION CENTRE** Charity number 1174735 **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2021** **FEMINIST LIBRARY AND INFORMATION CENTRE** ## **CONTENTS FOR THE YEAR ENDED 31 MARCH 2021** |Draft as at 29th April|| |---|---| ||Page| |Statement of Financial Activity|1| |Balance Sheet|2| |Notes forming part of the financial statements|3 - 4| |Independent Examination report|5| **FEMINIST LIBRARY AND INFORMATION CENTRE** ## **STATEMENT OF FINANCIAL ACTIVITY FOR THE YEAR ENDED 31 MARCH 2021** |**Note**
**Income**
Donations & legacies
2
Charitable activities
3
Other trading income
4
**Total Income**
**Expenditure**
Charitable activities
5
Cost of raising funds
**Total Expenditure**
**Net Income/(Expense)**
Transfer between funds
Total funds at 1 April 2020
**Total funds at 31 March 2021**|**Unrestricted**
**Funds**
**£**
48,102
1,721
2,539
**52,361**
32,581
1,760
**34,341**
**18,020**
-
41,310
**59,330**|**Restricted**
**Funds**
**£**
-
1,000
-
**1,000**
-
400
**400**
**600**
-
-
**600**|**2021**
**Total**
**£**
48,102
2,721
2,539
**53,361**
32,581
2,160
**34,741**
**18,620**
-
41,310
**59,930**|**2020**
**Total**
**£**
49,325
13,916
1,507| |---|---|---|---|---| |||||**64,749**| |||||72,025
2,351| |||||**74,376**| |||||**(9,627)**
-
50,937| |||||**41,310**| The notes on page 3 - 4 form part of these financial statements. **1** **FEMINIST LIBRARY AND INFORMATION CENTRE** ## **BALANCE SHEET AS AT 31 MARCH 2021** |**Note**
**Current Assets**
Debtors
Cash at bank and in hand
**Total Current Assets**
**Current Liabilities**
Creditors
6
**Total assets**
Unrestricted Funds
Restricted Funds
**Total Funds**|**2021**
**£**
-
60,902
**60,902**
972
**59,930**
59,330
600
**59,930**|**2020**
**£**
30
42,106| |---|---|---| |||**42,136**
826| |||**41,310**| |||41,310
-| |||**41,310**| The Trustees declare that they have approved the accounts. Signed Date 25/01/2022 **2** **FEMINIST LIBRARY AND INFORMATION CENTRE** ## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021** ## **1. Accounting policies** ## **Basis of the preparation of the accounts** The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement on Recommended Practise applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)- (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. The charity constitutes a public benefit entity as defined by FRS 102. ## **Cash Flow** The financial statements do not include a cash flow statement because the charity, as a small reporting entity, is exempt from the requirement to prepare such a statement under Financial Reporting Standard 1 "Cash flow statements". ## **Incoming resources** Grants receivable are recognised in the accounts when conditions for their receipt are satisfied. Grants with conditions attached to their use are included in restricted funds. Donations, legacies and other forms of voluntary income are recognised as incoming resources when receivable. ## **Resources expended** All expenditure is accounted for on an accruals basis and is recognised when there is a legal or constructive obligation to pay. Expenditure has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to a particular heading they have been allocated to activities on a basis consistent with the use of the resources. Costs classified as governance relate to the general running of the charity and include the operations of the Board of Trustees and addressing constitutional audit and other statutory matters. Resources expended include attributable VAT, which cannot be recovered. |**2. Donations and legacies**
**Unrestricted**
**£**
Donations
45,955
Gift aid
2,146
**48,102**
**3. Income of charitable activities**
**Unrestricted**
**£**
Grants
-
Other
1,721
**1,721**|**Restricted**
**£**
-
-
**-**
**Restricted**
**£**
1,000
-
**1,000**|**2021**
**£**
45,955
2,146
**48,102**
**2021**
**£**
1,000
1,721
**2,721**|**2020**
**£**
36,209
13,116| |---|---|---|---| ||||**49,325**| ||||**2020**
**£**
13,187
729| ||||**13,916**| **3** **FEMINIST LIBRARY AND INFORMATION CENTRE** ## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021** |**4. Other trading income**
**Unrestricted**
**£**
Sales
2,539
**2,539**
**5. Expenditure of charitable activities**
**Unrestricted**
**£**
Wages
27,225
Direct expenses
59
Audit and accountancy
146
Coordination/performance
550
General expenses
91
Insurance
60
Printing, postage & stationery
278
Moving costs
-
IT software and consumables
3,358
Repairs & maintenance
-
Staff training
150
Telephone & internet
663
Travel - national
-
**32,581**
**6. Creditors**
Accruals|**Restricted**
**£**
-
**-**
**Restricted**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
-
**-**|**2021**
**£**
2,539
**2,539**
**2021**
**£**
27,225
59
146
550
91
60
278
-
3,358
-
150
663
-
**32,581**
**2021**
**£**
972
**972**|**2020**
**£**
1,507| |---|---|---|---| ||||**1,507**| ||||**2020**
**£**
31,254
2,085
624
3,258
1,914
1,116
266
26,761
2,700
130
-
1,824
94| ||||**72,025**| ||||**2020**
**£**
826| ||||**826**| ## **7. Staff** No staff were paid more than £60,000 per annum. ## **8. Related Parties** There were no related parties within the year. None of the Trustees received any remuneration during the year. ## **9. Going Concern** The charity is operating on a going concern basis **4** ## **FEMINIST LIBRARY AND INFORMATION CENTRE** ## **INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2021** I report on the accounts of Feminist Library and Information Centre for the year ended 31 March 2021 which are set out on pages 1 to 4. ## **Respective responsibilities of trustees and examiner** The Charity’s Trustees are responsible for the preparation of the accounts. The Charity’s Trustees consider that an audit is not required for this year (under section 144 (2) of the Charities Act 2011 (The Act) but that an independent examination is needed. It is my responsibility to: - Examine the accounts under section 145 of the Charities Act, - To follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 145(5)(b) of the Charities Act, and - To state whether particular matters have come to my attention. ## **Basis of independent examiner’s Statement** My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes considerations of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently I do not express an audit opinion on the view given by the accounts. ## **Independent examiner’s statement** In the course of my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect: - the accounting records were not kept in accordance with section 130 of the Charities Act; or - the accounts did not accord with the accounting records; or - the accounts did not comply with the applicable requirements concerning the form and content of the accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair' view which is not a matter considered as part of an independent examination. I have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Shelley-Marie Rudling FMAAT AATQB for and on behalf of: Community360 Winsley’s House, High Street, Colchester, Essex Date 25/01/2022 **5** ## **Trustees’ Annual Report for the period** ## **From 1 April 2020 To 31 March 20201** ## **Charity name: Feminist Library & Information Centre** ## **Charity registration number: 1174735** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|TO ADVANCE EDUCATION FOR THE
PUBLIC BY: 1) OPERATING AND
MAINTAINING FOR GENERAL USE A
SPECIALIST LIBRARY OF FICTION,
NON-FICTION AND ARCHIVE RESEARCH
MATERIALS RELATING TO THE
POSITION OF WOMEN IN SOCIETY AND;
2) PROVIDING OTHER FACILITIES FOR
EDUCATION AND RESEARCH INTO THE
POSITION OF WOMEN IN SOCIETY.| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|Keeping the Library open to the public –
throughout the pandemic the team has worked
to do so in line with government restrictions,
including implementing health and safety
procedures and a booking system to ensure
social distancing. While it was not possible to
open to the public due to restrictions, the
Feminist Library has offered online events,
book clubs, resources and presentations from
the archive in order to advance the
organisation’s purposes despite challenging
circumstances.| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The Trustee’s have considered the Charity
Commission’s guidance on public benefit
when planning to charity’s activities, and
have remained mindful of public benefit
and of the charity’s stated purposes. We
have consistently provided facilities and
activities open to the public and worked to
develop our audience to allow as many
people as possible to benefit from the work
of the organisation.| ## **Additional information (optional)** You may choose to include further statements where relevant about: SORP reference **N/A** Para 1.38 Policy on grant making |||| |---|---|---| |Policy on social investment
including program related
investment|Para 1.38|**N/A**| |Contribution made by
volunteers|Para 1.38|-
Volunteers have organised events
online and in person, including the
exhibition ‘We Are Here’, marking
Black History Month, with iterations
online and in the physical space.
-
Volunteers have worked to maintain
the collection.
-
Volunteers have run the bookshop and
launched an online shop to help with
fundraising throughout the pandemic.
-
Volunteers have also contributed to
other fundraising activities including
grant applications.| |Other||| ## **Achievements and Performance** ||SORP reference|| |---|---|---| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|-
Running book clubs, in English, Spanish
and occasional other languages
including Polish. Throughout the year
these were held online to reach an
international audience.
-
Running online events, including a
series of webinars around Care, book
launches, workshops and meditation
sessions.
-
Publishing, including the zine ‘Care in a
Pandemic,’ ‘Queer Zine Dictionary’ and
the bilingual Spanish/English annual
Calendar.
-
Over 1000 people attending online
events during the year.| **Additional information (optional)** You may choose to include further statements where relevant about: Achievements against Para 1.41 objectives set Performance of fundraising activities against objectives Para 1.41 set Investment performance Para 1.41 against objectives Other ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|Total funds t 31 March 2021: £59,930| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|We ensure to retain at least £6,500 in our
savings account to cover staffing and
related expenses for a ‘winding up’ period,
should the organisation cease its activities.| |Amount of reserves held|Para 1.22|**£6,500**| |Reasons for holding zero
reserves|Para 1.22|**N/A**| |Details of fund materially in
deficit|Para 1.24|**N/A**| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**N/A**| **Additional information (optional)** You may choose to include further statements where relevant about: Donations through our Friends scheme, grant funding, events. The charity’s principal sources of funds (including Para 1.47 any fundraising) **N/A** Investment policy and objectives including any Para 1.46 social investment policy adopted **N/A** A description of the principal Para 1.46 risks facing the charity Other ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|Constitution| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|CIO| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|Trustees named as founding members of
CIO, additional Trustees may be nominated
and elected at Annual General Meetings.| ## **Additional information (optional)** You may choose to include further statements where relevant about: Policies and procedures adopted for the induction Para 1.51 and training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any related Para 1.51 parties Other ## **Reference and Administrative details** |Charity name|Feminist Library & Informtion Centre| |---|---| |Other name the charity uses|Feminist Library| |Registered charity number|1174735| |Charity’s principal address|Sojourner Truth Community Centre
161 Sumner Rd
London SE15 6JL| ||| ## **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (if any)**| |---|---|---|---|---| ||Gail Chester|Chair||| ||Patrizia Dibello|Secretary||| ||Anna Pigott|Treasurer||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| ## – Corporate trustees names of the directors at the date the report was approved **Director name** Name of trustees holding title to property belonging to the charity **Trustee name Dates acted if not for whole year** ## **Funds held as custodian trustees on behalf of others** Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** |**Type of**|**Name**|**Address**| |---|---|---| |**adviser**||| **Name of chief executive or names of senior staff members (Optional information)** ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** |**Signature(s)**
**Full name(s)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**||| |---|---|---| ||Anna Pigott|| ||
Treasurer|| ||23/01/2021|| ||23/01/2021||