2023-03-31-accounts

		building we occupy.
		~ Dealing with the significant increase in gas and electricity costs
		when our current fixed price contracts expire in 2023 and
		significant inflationary increases in other costs.
		1.To advance the education ofthe general public in Kibworth
		Beauchamp and Kibworth 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 Kibworth 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 to 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		Our volunteers make a significant and much-valued contribution to the
relevant, about:		successful running ofthe library and the Charity is dependent on and
~ policy on grantmaking;		extremely grateful for their commitment oftime, help and support. Without them we would not have a library and the communities we serve
~ policy programme related		would be deprived ofa significant local resource.
investment;
~ contribution made by volunteers.		The Charity has no employees and none ofthe trustees or volunteers paid or remunerated, other than the reimbursement ofreasonable expenses and expenditure on behalf ofthe Charity.	is

~ ~	~ ~	~ ~	e ~ ~ ~	e ~ ~ ~	e ~ ~ ~
Summary ofthe main achievements ofthe charity during the year			Achievements and initiatives ofthe Charity over the last year ~ Progression ofthe Kibworth Community Hub under which the library will re-locate to Kibworth Grammar School Hall which is run by another local charity, with a planned extension to be used as a
				library. The plan is that the two charities would then transition to a
				new charity. The Community Hub will be able to offer a much wider
				range ofservices to the community. Planning permission for this was
				granted in September 2022 and fundraising efforts are continuing.	It
				is not yet certain when the library extension will be built and the
				library re-located. As part ofthe Community Hub Project the Charity
				has contributed 210,000to the costs ofthe project.
			~	Retention ofa knowledgeable board oftrustees with one trustee
				leaving us and a new one recruited.
			~	Retention ofthe majority ofour volunteers and the recruitment and
				training of8 new ones, a very welcome addition to our much
				appreciated volunteers. We currently have over 50volunteers.
			~	The process of re-establishing the various groups that we hosted	pre-
				pandemic has continued since we returned to pre Covid 19opening
				hours in September November 2021.Most ofour pre-pandemic
				groups have re-started with numbers attending gradually building
				towards pre-pandemic numbers.
			~	We have continued to successfully host a variety of author events
				and talks which are well attended.
			~	We continue to offer the opportunity to young people undertaking	the
				Duke of Edinburgh award volunteering roles as part ofthe service
				section ofthat award.
			~	From February 2023we now open on Monday mornings from 10am-
				1pm. This means we are now open for twenty-four hours a week over
				six days.
			~	We decided very early on in the cost-of-living crisis that we would
				become a Warm Space and welcome anyone into the library and
				offer them free hot drinks. We did this alongside other community
				organisations in the village and itwas appreciated by those members
				ofthe public that needed it.
			~	Generating an underlying financial surplus for the year, before the
				contribution of810,000towards the Kibworth Community Hub.
				Good relationships among trustees and volunteers — very much a
				community team effort where everyone's contribution is valued and
				appreciated.
				Successful delivery of library services—
				—total books issued in year to 28 February 2023: 12.864 (+78%
				increase reflecting closure periods in the prior year)
				—total number of new library joiners in year: 245 (+74% on
				2021/22).
				—Active borrowers —375+55%on 2021/22

O CHARITY COMMISSION FOR ENGLAND AND WALES	O CHARITY COMMISSION FOR ENGLAND AND WALES	O CHARITY COMMISSION FOR ENGLAND AND WALES	O CHARITY COMMISSION FOR ENGLAND AND WALES	O CHARITY COMMISSION FOR ENGLAND AND WALES				Recei	ts and	a	ments accounts	ments accounts		CC16a
						For		the period from			To
s
~			~	~	~	~	~
						Unrestricted funds			Restricted funds		Endowment funds	Total	funds	Last year
						to the		nearest 6	to the nearest	6	tothe nearest 6	to the nearest 6		tothe nearest 6
A1 Recei ts
Grant funds received								394					394	7,012
Dona5ons received								940					940	1,046
Room hire income														36
Library services								151					151	107
Investment income								159		40			199	236
Fundraising													5,977	4,093
Sub total (Gross income for AR)								7,621		40			7,661	12,529
satan	nves men		sass
see table .	rii		u	os ot~~~~~i
A3pa ments
Governance costs								65					66	62
Costs oflundraising														12
Charitable activities								16,435					16,436	4,924
		Sub total						16,520					16,620	4,996
A4 Asset and Investment
		Sub total
	7otal payments							16,520		-		-	16,620	6,839
Net ofreceiptsl(payments)								8,899		40			8,859	5,690
A5 Transfers between		funds
A6 Cash funds	last year		end					42,505	20,151				62,656	55,074
Cash funds this year				end				33,606	20,191				53,797	60,764

						~	~	~	~ ~ ~
	Categories							Unrestricted funds	Restricted funds		Endowment funds
								to nearest 6	to nearest	a	to nearest	6
Bi Cash	funds			Market	Harborough	Building	Society	24,613	20,199
				Lloyds Bank				8,902
				Cash in	hand			83
						Total cash funds		33,598	20,199
				(esrss balances		with receipts sod payments
							acccool(s))
								Unrestricted	Restricted		Endowment
								funds	funds		funds
				Details				to nearest 6	to nearest	6	to nearest	8
B2Other	monetary assets
				Dora i la				Fund towhich asset helen s	Cost (optional)		Current value o tional
B3Investment		assets
								Fund to which			Current value
				Data&)s				asset balan s			o tional
64Assets retained for			the	Furniture	ax(ores and littings			unrsstncted	7,081			118
charity's	own	use
65Liabilities				Details Utilities				Fund to which gab)8 relates Unrestricted	Amount due o tional 290		When due o tlonal
				Waste cogection				Unrestricted		20
Signed by one or two trustees behalf of ag the trustees			on		Signature			Print	Name		Date of a roval
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