2022-03-31-accounts

		Names and addresses	ofadvisers (Optional information)	ofadvisers (Optional information)
T	s	ofadviser Name		Address
Name		ofchief executive or names		ofsenior staff members (Optional information)
				~ ~ ~ ~ ~
	Description ofthe charity's		trusts
		Type ofgoverning document		Constitution
		How the charity is constituted		Charitable incorporated organisation
		Trustee selection methods		Initial trustees came fonvard as volunteers from the community. Additional trustees to be interviewed and appointed by a properly constituted
				meeting ofthe trustees
	Additional governance issues			(Optional information)
	You may choose to include additional information, where relevant, about:			Ths running ofthe library by a management group was taken on from Leicestershire County Council (LCC) on 23 May 2016.LCC granted a 10 year lease to Kibworth Beauchamp Parish Council ("KBPC")for a peppercorn rent with the day to day operations being the responsibility of
	~	policies and procedures adopted for the induction	and	the management group and volunteers. The Kibworth Community Library Charity was incorporated on 27 March 2018and took over the running of
		training oftrustees;		the library from the management group with the members ofthe
	~	the charity's organisational structure and any wider network with which the charity works;		management group becoming the initial trustees ofthe charity. The funds that had been generated by the management group were then transferred to the charity for use by the charity for its purposes. The library was part funded by grants from LCC in cash which ceased with effect from 31 March 2022. Over time the Charity must develop its own
	~ ~	relationship with any related parties; trustees' consideration of		income generation streams to ensure future sustainability. We have recruited and manage over 30 additional volunteers to help us deliver library services for the communities of Kibworth Beauchamp and Kibworth Harcourt.
		major risks and the system		We are part ofthe Leicestershire-wide network of35Community Managed
		and procedures to manage		Libraries ("CML's) and Trustee representatives meet quarterly with
		them.		representatives from a cluster of5 local CMLs, attended by LCC Support
				Officers.
				The challenges we face will be:
				~ identification ofand access to other sources offunding and
				development ofsustainable income generation.
				~ succession planning and retention oftrustees and a volunteer
				workfo res.
				~ Replacement ofthe current library building as it is coming towards
				the end of its life. Additionally, it is too small for the needs ofthe
				communities that it serves which have grown significantly in the
				50+years since the library was built.
				~ Adjusting toa post-pandemic operating environment and replacing
				volunteers that have concluded that the are unable to continue.

		~ Increased maintenance and repair costs due to the age ofthe
		building we occupy.
		~ Dealing with the significant increase in gas and electricity costs
		when our current fixed price contracts expire in 2023.
		~
		~
		1.To advance the education ofthe general public in Kibworth
		Beauchamp and Kibwarth Harcourt and the surrounding area, in
		particular but not exclusively, by the provision ofa volunteer-run
		community managed library providing access to community education
Summary ofthe objects ofthe charity set out in Its governing document		and opportunities for learning. 2.To promote for the benefit ofthe residents of Kibwoith Beauchamp and Kibworth Harcourt and the surrounding area the provision ofa public library for recreation and or other leisure time occupation of individuals
		who have need ofsuch facilities by reason oftheir youth, age, infirmity	or
		disablement, financial hardship or social and economic circumstances	or
		for the public at large in the interests ofsocial welfare and with the object of im rovin the condition of life ofthe said residents
		The main activities undertaken for public benefit in relation ta the
Summary ofthe main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have		Charity's objects are: 1.Operation ofa public lending library and associated activities and Services; 2. Provision ofresources and ITfacilities; and 3.Delivery of recreational and educational events and services for the benefit and enjoyment ofthe local community
had regard to the guidance issued by the Charity Commission on public benefit)		The library has become an integral part ofthe community, engaging effectively with other local groups and organisations. The Trustees declare that we have had due regard to the guidance issued by the Charity Commission on public benefit and confirm that all
		our operations and activities are in accordance with such guidance.
Additional details ofobjectives		and activities (Optional information)
		The Charity is not a grant-making organisation.
		Apart from bank deposits the Charity does not currently hold any investments.
You may choose to include
further statements, where		Dur volunteers make a signiTicant and much-valued contribution to the
relevant, about:		successful running ofthe library and the Charity is dependent on and
~ policy on grantmaking;		very grateful for their commitment oftime, help and support.
~ policy programme related		The Charity has no employees and none ofthe trustees or volunteers	is
investment;		paid or remunerated, other than the reimbursement ofreasonable
~ contribution made by		expenses and expenditure on behalf ofthe Chadity.
volunteers.

					~ ~	~ ~		~	~	~
						Unrestricted		Restricted					Endowment
	C t gor'.00		D iciln			funds to nearest 0		to	funds nearest		0		funds to nearest 0
81Cash	funds		Market Ha*orough		Suwing Society	34,471				20,'I		60
			Lloyds Sank			7,004
			Caahln	hand
					Total cash funda	42/000			20,100
			(sglfw haullces		nah receipts ecd psnwflie
					recollet(a))
						Unrestricted		Restricled					Endowment
						funds			funds				funds
			Dntails			to nearest 0		to	nearest		0		to nearest 0
82Other	monetary assets
			Dntnite			Fund to which asset baton		Cast (opgonal)					Cunent value o tlonal
83Investment		assets
			Dataits			Fund towhich asset heron s		Co	(o	o		I	Cllnerit value o tlonal
84Assets retained for the			Fum turn rcdurss		and Sliniw						7,001		611
charity's	own	use
						Fund lowhich		Alllount		drrs			When due
			Details						o	na			o 0
65Liabilities			UtWiies			unn usted						200
			Waste	coteuion		Unreslricud						20
Signed by one or two trustees on behalf of00the trustees				Signature			Print	Name					Date of a rove(