Trustees. Annual Report for the period Period start date April 2025 Period end dale 31 March 2026 From To Section A Reference and administration details Charity name Kibworth Community Library Other names charity is known by Registered charity number (if any) 1177722 Charity's principal address School Road Kibworth Beauchamp Le1$ter Postcode LE8 OJE Names of the charity trustees who manage the charity Datès actèd If not for wholè èar Trustèè namè Officè lif anyl Nam• of pèrson lor body) •ntltle(I toa oint trusteè Ifan Board of Trustees Board of Trustees Keith Gibbons Julie Harrison 1 April 2025 to 24 March 2026 Val Moore Christopher Pillar Kate Wood David Munnery Board of Trustees Board of Trustees Board of Trustees Board of Trustees Treasurer 1 April 2025 10 12 January 2026 Janet Dowling Bryan Higgins Board of Trustees Board of Trustee5 From 13 January 2026 10 12 13 14 15 16 17 18 19 20 Names of the trustees for the charity, if any, (for example, any custodian trustees) Name Dates acted if not for whole ear TAR March 2012
Names and addressos of advisers (Optional information) e of adviser Name Address lame of chief executive or names of senior staff members (Optional inforniation) Section B Structure, overnance and mana ement Description of the charlty's trusts Constitution Type of governing document How the charity is constituted Charitable incorporated organisation I'CIO.) Trustee selection methods Initial trustees came foNard as volunteers from the community. Additional trustees are to be interviewed and appointed by a properly constituted meeting of the current trustees Additional governance issues (Optional informatTon) A management group took on the running ofthe library from Leicestershire County Council I'LCC") on 23 May 2016. LCC granted a 10-year lease to Kibworth Beauchamp Parish Council I'KBPC") for a peppercorn rent with the day-to-day operations being the responsibility of the management group and volunteers. The Kibworth Community Library Charity I'the Charity'} was incorporated on 27 March 2018 and took over the running of the library from the management group with the members of the management group becoming the initial trustees of the Charity. The funds that had been generated by the management group were then transferred to the Charity for its purposes. The library was part funded by grants from LCC which ceased with effect from 31 March 2022. Over time the Charity must continue to develop its own income streams to ensure future sustainability. We have recruited and manage over 50 volunteers lo help us deliver library services for the communities of Kibworth Beauchamp, Kibworth Harcourt and surrounding areas. We are part of the Leicestershire-wide network of 34 Community Managed Libraries I'CML'S) and Trustee representatives meet quarterly with representatives from a cluster of 5 local CMLS, attended by LCC Support Officers. The challenges we face are.. identification of and access to other sources of funding and development of sustainable income generation. succession planning and relention of trustees and a volunteer workforce. nificant inflationa You may ¢hoose lo include additional information. where relevant, about.. policies and procedures adopted for the induction and training of trustees., the charity's organisalional structure and any wider network with which the charity works., relationship with any related parties., trustees, consideration of major risks and the system and procedures to manage them. increases in costs. Section C Ob"ectives and activities TAR March 2012
l. To advance the education of the general public in Kibworth Beauchamp and Kibworth Harcourt and the surrounding area, in particular but not exclusively, by the provision of a volunteer-run community managed library providing access to community education and opportunilies for learning. 2. To promote for the benefit of the residents of Kibworth Beauchamp and Kibworth Harcourt and the surrounding area the provision of a public library for recreation and or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disablement, financial hardship or social and economic circumstances or for the public at large in the interests of social welfare and with the object ofim rovin the condition of life of the said residents Summary of the objects of the charity set out in its governing document The main activities undertaken for public benefit in relation to the Charity's objecls are.. 1. Operation of a public lending library and associaled activities and services., 2. Provision of resources and IT facilities,. and 3. Delivery of recreational and educational events and services for Ihe benefit and enjoyment of the local community Summary of the main activities undertaken for the public benefit in relation to these objects {include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on publie benefit) The library has become an integral part ofthe community, engaging effectively with other local groups and organisalions. 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 detalls of objectives and activities (Optional inforniation) 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 relevant, about.. policy on grantmaking., policy programme related investment., contribution made by volunteers. Our volunteers make a significant and much-valued contribution to the successful running of the library and Ihe Charity is dependent on and extremely grateful for their commitment of time, help and support. Without them we would not have a library and the communities we serve would be deprived of a very important local resource. The Charity has no employees and none of the trustees or volunteers is paid or remunerated, other than the reimbursement of reasonable expenses and expenditure on behalf of the Charity. Section D Achievements and performance TAR March 2012
Section D Achievements and performance AGhievements and Initiatives of the Charity over the last year.. The single most significant event in the year has been our relocation to the newly built extension to the Kibworth Community Hub. The old library closed on 9 October and we re-opened on 27 October 2025. Huge efforts were made by the entirety of our volunteers and trustees on the following:" Summary of the main achievements of the charity during the year Planning the layout of the new library space., Packing all books and furniture., Collecling furniture from other locations., Unpacking and re-shelving all the lending stock.. Decorating the new children's area., Procurement of new furniture., Installing all the wall shelving., Procuring new public computers., The new space is spacious and is bright and welcoming and user feedback has been very positive. In addilion to the significant effort in delivering the relocation we invested nearly £116,000] in the year in the new library which was in addition to significant investment in previous years to contribute to the costs ofthe new extension. To date we have invested close to £90,000 lo enable the project to procced. Although we received significant grant income we have also used significanl reserves. Retention of a knowledgeable board of trustees. The recruitment and training of a number of new volunteers, a very welcome addition to our much appreciated volunteers. We currently have over 50 volunteers. We have conlinued to run regularly scheduled events and one off events such as author events and talks. In the year to 28 February 2026 our scheduled events have had total attendances of circa 1,400 people whilst one off events have had attendances of circa 400 people. Generating an underlying financial surplus for the year. Before grant receipts of £4,060 we generated an underlying surplus of circa £4,500. This was against a background of continuing inflationary increases in other costs. Expenditure in the year totalled £26,224 of which £15,947 was expenditure on the new library most of which was for new furniture and fittings. Operating costs were £6,217. 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 2026.. 9,871 (-20h). Affected by our closure for relocation. lolal number of new library joiners in year.. 217 {+9 % on 2024125). Active borrowers - 420 -14 % on 2024125 TAR March 2012
Section D Achievements and performance Section E Financial review We are a not-for-profit organisation and all funds received or generated directly support the purposes of the Charity and sustainability of the library. Surpluses are carried forward towards future running costs and we seek to retain sufficient reserves to cover events or situations that ma occur, such as the Covid-19 lockdowns. Brief statement of the charity's policy on reserves Details of any funds materially in deficit Further financial review details {Optional infomiationl Our total income for the year reduced from £41,670 to £14,849 reflecting non-recurrent grant income in 2024125. Net income improved from a deficit of £36,742 to a deficit of £11,374 reflecting continued investment in the nèw library. Income before grants received lotalled £10.789 and came from a number of sources with the main contributors being book sales, the Harborough Lottery, the various groups that we run and event ticket sales. We have a diverse income base which means that we are not overly dependent on any one source of income. All funds are invested back into the library and directly support our key objectives and provision of library services. Our outgoings in the year tolalled £26,224 compared to £78,412 in the previous year. The costs of £26,224 included expenditure on the new library of £15,947. The balance of costs was mainly utilities, alarm cost, insurance and Maintenan costs. We continued ta suffer significant inflationary increases in costs on certain overheads. You may choose to include additional information. where relevant about.. the charity's principal SoUrS of funds {including any fundraising}', how expenditure has supported the key objectives of the charity., investment policy and objectives including any ethical investment policy adopted. Section F Other optional information TAR March 2012
Section G Declaration 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 leg Secretary, Chair, etc) Cr*AIR Date IE TAR March 2012
CHARITY COMMISSION FOR ENGLANO AND WALES Receipts and ments accounts CC16a For the perlod frorn 01-ApT-25 To 31-Mar-26 Section A Receipts and payments Unrestricted funds Re$tri¢ted fund$ Endowment funds Total funds La$t year to the nearest to the neare5t£ to th• noarèst £ to tho noa¥o$t£ to the ne&rest £ A1 Receipts Grani fund$ received Donaiion$ re¢eived 4,06Q 1,164 22,759 10,469 1.164 Room hire income library setyices Invesimèni in¢ome Fundraising 190 1,124 8.312 190 1,224 8,312 202 1.135 7,105 ross Income AR) 10,789 14,849 41.670 A2 Asset and investrnent sales, (see tsblel. Total recelpts 14.849 A3 Payments Goveinance cost$ Costs of fundrydi$ing Charrfawa activilits 271 271 255 1,500 6,808 5.945 5,945 Sub total 6.216 6,216 A4 Asset and investrnent urchases, se• table) 6.397 13.611 20.007 69.B52 Sub total 13,611 20,007 69.8S2 Total payments 26,224 Net of receipts/fpayments) A5 Transfers betwèen fund¥ A6 cash funds last year end Cash funds this year end
Section B Statement of assets and liabilities at the end of the period Unrestricted fund$ to nOaSt£ Restricted funds to n••rèst £ Endowment funds to Ir•s*£ 81 Cash funds Lknyd5 Bank Plc Cash in hand 23.892 75 rotal cash funds 33,967 Unrestricted funds Restricted funds Endowmènt funds to nearest£ lo nearèst £ to nearo$t£ Fund to which osset belongs Cost lopiionall Current value 83 Investment assets Fund to whi¢h asset belo Cutttnt value Cost loption811 84 Assets retained for the charity's own use Fund to which relal•s Amount dué When duo B5 Liabilities BrIknoe1epPe Signed by one or Iwo trustees on behaw of all the Irustees Signature Print N8fne Date of roval