|||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(|