## **Trustees’ Annual Report for the period** **From 01.04.22 To 32.03.23** ## **Charity name: Friends of Woodbridge Library (FOWL)** ## **Charity registration number: 1176811** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**The charitable objectives are to advance**
**the education of the public by promoting**
**the use of Woodbridge Library for the**
**benefit of the residents of Woodbridge**
**and the surrounding areas.**| |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|**FOWL organises events and activities in**
**accordance with its charitable objectives,**
**and raises funds to support these. Music,**
**art, drama and literature base events are**
**held during the year aimed at both adults**
**and children in the local community.**| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**The trustees comply with their statutory**
**obligations and show due regard to the**
**commission's public benefit guidance in**
**exercising their powers and duties to**
**which the guidance is relevant.**| ## **Additional information (optional)** You may choose to include further statements where relevant about: SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers 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|**A series of evening events were held**
**during the period which included a talk**
**with author Rose Gann, a quiz night and a**
**poetry reading with various poets**
**presenting. Musical evenings with a local**
**folk band and a jazz group were also held**
**and our successful spring fashion show**
**was supported by local businesses. As**
**well as evening events, lunchtime**
**musical events were held and proved**
**extremely popular.**
**These events are welcomed by the public**
**and from comments received seem**
**beneficial to their well-being.**
**Our newsletter is circulated to our 200+**
**members containing information**
**regarding FOWL activities and**
**fundraising initiatives.**| ## **Additional information (optional)** You may choose to include further statements where relevant about: |Achievements against
objectives set|Para 1.41|| |---|---|---| |Performance of fundraising
activities against objectives
set|Para 1.41|| |Investment performance
against objectives|Para 1.41|| |Other||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|**For the financial year under review,**
**events income has grown to around**
**£3,500 thanks to the tireless efforts of our**
**hard-working Events Team. There has**
**been a further benefit from these events,**
**the promotion of a greater awareness of**
**the aims of FOWL and our commitment to**
**the refurbishment of the children's**
**library, which has lead to greater levels of**
**donations this year.**| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**With no ongoing financial commitments**
**FOWL has no policy for holding reserves.**
**However, adequate funds will always be**
**in place to cover any expenditure.**| |Amount of reserves held|Para 1.22|**£17,767.00**| |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: |
The charity’s principal
sources of funds (including
any fundraising)|
Para 1.47|
**The principal sources of income for this**
**financial year remain fundraising events,**
**plus income from donations and grants.**| |---|---|---| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|| |A description of the principal
risks facing the charity|Para 1.46|**The inability to raise funds by holding**
**fundraising events would be a significant**
**risk.**| |Other||| ## **Structure, Governance and Management** |Description of charity’s
trusts:||**none**| |---|---|---| |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 are generally elected at Annual**
**General Meetings. Occasionally a trustee**
**may be co-opted with agreement of**
**current trustees.**| ## **Additional information (optional)** ## You may choose to include further statements where relevant about: |
Policies and procedures
adopted for the induction and
training of trustees|
Para 1.51|| |---|---|---| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|| |Relationship with any related
parties|Para 1.51|| |Other||| ## **Reference and Administrative details** |Charity name|Friends of Woodbridge Library| |---|---| |Other name the charity uses|FOWL| |Registered charity number|1176811| |Charity’s principal address|Woodbridge Library
New Street
Woodbridge, Suffolk
IP12 1DT| ||| **Names of the charity trustees who manage the charity** ||**Names of the**
**charity trustees**
**who manage the**
**charity**|||| |---|---|---|---|---| |1
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20|**Trustee name**|**Office (if any)**|**Dates acted if not for**
**whole year**|**Name of pers**
**body) entitled**
**appoint truste**| ||Tim Cornford|Chair||| ||KayYule|President||| ||Anne Gartley|Treasurer
Secretary|Up to Sept 2022
October 2022
onwards|| ||Barbara De Vita|Treasurer|October 2022
onwards|| ||TracyRogers|Secretary|Upto Sept 2022|| ||Lisa Railton Jones|Events Chair||| ||Jane Lynam|||| ||Christine Webber|||| ||SallyBull|||| ||Helen Scrivener|||Suffolk Libra| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| – 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 adviser Name Address** **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)** Tim Cornford **Position (eg Secretary, Chair,** Chair **etc) Date** FRIENDS OF WOODBRI[￿E LIBRARY Charity rwstratith) N: 1176811 Financial Rq)0rt @ 3 1st March 2023 2022-2023 Income and ExFenditure April 2021- March 2022 April 2022- March 2023 Cash Income B(x*s. DVDS, Crat S* c. 12.43 390.39 £ 1.660.96 £ 40.50 £ £885.99 540.60 2,273_00 30.00 697.67 447.00 185.43 tA￿atk)n$ Evenmg events FOWL M¥chandi8e LUnGht￿pe 135.76 £ 0th8r Income Chwue & tr•sf Donations Gr8nts Sumup RKepts (EV￿￿g Events) Total Incomè 5,645.00 600.00 233.27 11,537.96 2.240.04 £ Cheque Expenditure 78485 £ 434.01 GoLwJslSeTricas Purch&a Furniture, Equipment Installation Costs 477.64 £235.70 2.301 00 £ 1,494.68 123.69 £21940 Drinks Suppkes Cash Expenditurg Drinks Sup$ie5 Pety Cash £23.25 54.29 2.585.02 April 2021 - Alarch 2022 April 2022- 14pri12023 Assets In Bank 8.888.57 £ 92.49 £ 17,767.12 3820 7.72 17.813.04 Pdiy Cash Cash not bankgj Totsl Assets Minus nnk1￿C￿y the Ch1￿1ren'S Labrary Rer￿Vation prr¥￿t. of wh￿h 8.981.06 £ £2.000 FOWL 9,000.00 Liabilities un¢￿ar￿ elwes Unpad Invixes Other Current Lthits5 120. £o.(K> Totsl Liabilities 120.9& £o_oo Net reserve5 8m).10 £ 8.813.04 '.la¥4:1-IELD ca￿ThAn L. ryiELfo°:J RgA,-