## **Trustees’ Annual Report for the period** ## **From 06/04/2024 Period start date To 05/04/2025 Period end date** ## **Charity name: Share Frome** ## **Charity registration number: 1198691** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**Share Frome Library of Things is here to**
**provide services and education to people**
**in Frome and the surrounding areas**
**which will allow them to live more**
**sustainable lives, helping to protect our**
**planet and work towards a circular**
**economy in Frome.**| |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|**SERVICES**
**-**
**Library of Things borrowing**
**service**
**-**
**Donations for sale (finding new**
**homes for items to keep them**
**from landfill)**
**EDUCATION**
**-**
**Window displays, social media**
**promotions, attendance at events,**
**community collaborations**| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**The trustees of Share Frome have read**
**and confirmed understanding of the**
**Charity Commissions guidance on**
**‘public benefit’ as detailed on the**
**government website.**| ## **Additional information (optional)** You may choose to include further statements where relevant about: SORP reference **n/a** Para 1.38 Policy on grant making **n/a** Para 1.38 Policy on social investment including program related investment **Our volunteers help us to repair our library items to extend the life of that item** |Contribution made by
volunteers|Para 1.38|**and keep it from landfill. They also help**
**us to check the items when they are**
**returned to make sure they are in good**
**working order ready to be borrowed by**
**the next person.**
**The volunteers who help us with these**
**key elements of our service volunteer**
**from between 1 and 4 hours per week in**
**the shop or between 1 and 12 hours per**
**week at home. This depends on how**
**busy we are.**| |---|---|---| |Other||**n/a**| ## **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|**We have had a substantial reduction in**
**our ability to operate in the period**
**covered by this report.**
**In March of 2024 we were given notice**
**that the shop we operate from would be**
**sold.**
**Due to the uncertainty surrounding our**
**ability to operate, we took the decision to**
**pause operations as of the end of May**
**2024.**
**Since that time we have been searching**
**for a suitable low or no cost location to**
**host our Library of Things.**| |**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|**£9476 in reserves (unrestricted)**
**£6859 in current account.**
**We have significantly strengthened our**
**financial position by paying off a loan**
**from Somerset Community Foundation,**
**so we do not have the drain on our**
**finances of loan interest payments.**
**Several generous library members have**
**continued to pay their membership fees,**
**even though we have been unable to**
**operate, allowing us to continue to pay**
**for utilites in the shop, software licence**
**fees and insurance.**
**The prospective new owner of the shop is**
**happy for us to continue storing our**
**items in the shop while the sale goes**
**through, so we haven’t had to move out.**
**This has saved us additional costs.**| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**We aim to hold approximately 6 months**
**of running costs. These reserves are**
**held in an interest bearing account**
**associated with our current account.**| |Amount of reserves held|Para 1.22|**£9467**| |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|**There remains significant uncertainty**
**surrounding our premises. Without a**
**long term premises to operate from, we**
**cannot restart operations.**| ## **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|
**Library membership fees and item**
**borrowing fees, donated items sold,**
**donations for repairs, grant funds from**
**the Town Council.**| |---|---|---| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|**n/a**| |A description of the principal
risks facing the charity|Para 1.46|**That we cannot find a suitable low or no-**
**cost premises to operate from.**| |Other||| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|**Articles of Association**| |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|**The trustees elect new 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|
**New trustees are asked to read and**
**confirm they have understood the Charity**
**Commission guidance on being a trustee.**
**Further training on the responsibilities of**
**a trustee is offered via Spark Somerset**
**and Frome Town Council.**| |---|---|---| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|**We have 5 trustees. Currently no**
**employees or volunteers as we have**
**paused operations while we find a**
**suitable premises.**| |Relationship with any related
parties|Para 1.51|**n/a**| |Other||**n/a**| ## **Reference and Administrative details** |Charity name|Share Frome| |---|---| |Other name the charity uses|Share Frome Library of Things| |Registered charity number|1198691| |Charity’s principal address|3a The Bridge, Frome. BA11 1AR.| ||| ## **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Anne Hills|||| ||Andrew Jones|||| ||Frances Krige|||| ||William Gunby|||| ||Ben Still||From 18/2/2025 onwards|| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |Corporate trustees–names of the directors at the date the report was approved|Corporate trustees–names of the directors at the date the report was approved|Corporate trustees–names of the directors at the date the report was approved| |---|---|---| |**Director name**|n/a|| |||| |||| |||| |||| |||| |||| Name of trustees holding title to property belonging to the charity |**Trustee name**|**Dates acted if not for whole year**|| |---|---|---| |**n/a**||| |||| |||| |||| |||| |||| ## **Funds held as custodian trustees on behalf of others** Description of the assets n/a held in this capacity Name and objects of the n/a charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for n/a 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 Name Address adviser** ## **Name of chief executive or names of senior staff members (Optional information)** ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details **n/a** ## **Other optional information** **n/a** ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s)** Anne Hills **Full name(s)** Anne Hills **Position (eg Secretary,** Chair of Trustees **Chair, etc)** **Date** 18/11/2025 |**Charity Name**|||**Number**||| |---|---|---|---|---|---| |**Share Frome**|||**1198691**||| |**Receipts andpayments accounts**|||||**CC16a**| |**For the period**
**from**|Period start date
06/04/2024|**To**|Period end date
05/04/2025||| ## **Section A Receipts and payments** |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest**
**£**
**7 057**
**2 074**
**300**
**87**
**-**
**-**
**-**
**-**
**9 518**
**-**
**-**
**-**
**9 518**
**4**
**3 816**
**7 356**
**172**
**657**
**604**
**108**
**12 247**
**-**
**24 964**
**-**
**-**
**-**
**24 964**
**- 15 446**
**-**
**-**
**- 15 446**|**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Total funds**
**to the nearest £**
**7 057**
**2 074**
**300**
**87**
**-**
**-**
**-**
**-**
**9 518**
**-**
**-**
**-**
**9 518**
**4**
**3 816**
**7 356**
**172**
**657**
**604**
**108**
**12 247**
**-**
**24 964**
**-**
**-**
**-**
**24 964**
**- 15 446**|**Total funds**
**to the nearest £**
**7 057**
**2 074**
**300**
**87**
**-**
**-**
**-**
**-**
**9 518**
**-**
**-**
**-**
**9 518**
**4**
**3 816**
**7 356**
**172**
**657**
**604**
**108**
**12 247**
**-**
**24 964**
**-**
**-**
**-**
**24 964**
**- 15 446**|**Last year**
**to the nearest £**| |---|---|---|---|---|---|---| |Takings|**7 057**|||||**22 133**| |Sponssorship& Donations|**2 074**|||||**856**| |Grants / Funding|**300**|||||**14 731**| |Bank Interest|**87**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| ||**-**|||||**-**| |**_Sub total_**_(Gross income for_
_AR)_|**9 518**|||||**37 720**| |||||||| |**A2 Asset and investment sales,**
**(see table).**||||||| ||**-**|||||| ||**-**|||||**-**| |**_Sub total_**|**-**|||||**-**| |**_Total receipts_ **
**A3 Payments**||||||| |||||||**37 720**| |||||||| |Stock consumables|**4**|||||**198**| |Staff costs - wages|**3 816**|||||**24 548**| |Shopcosts|**7 356**|||||**2 707**| |IT Cost / subscriptions|**172**|||||**286**| |Utilities|**657**|||||**1 193**| |Professional fees|**604**|||||**1 500**| |Payroll|**108**|||||**396**| |Loan repyments|**12 247**|||||**1 536**| ||**-**|||||**-**| |**_Sub total_ **|**24 964**|||||**32 364**| |||||||| |**A4 Asset and investment**
**purchases, (see table)**||||||| ||**-**|||||| ||**-**|||||| |**_Sub total_ **|**-**|||||**-**| |**_Total payments_**
**_Net of receipts/(payments)_**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**_Cash funds this year end_**||||||| |||||||**32 364**| |||||||| ||**- 15 446**|**-**|**-**|**- 15 446**||**5 356**| ||**-**|**-**|**-**|**-**||**-**| ||**-**|**-**|**-**|**-**||**-**| ||**- 15 446**|**-**|**-**|**- 15 446**||**5 356**| CCXX R1 accounts (SS) 1 ## **Section B Statement of assets and liabilities at the end of the period** |**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B5 Liabilities**
**B3 Investment assets**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B1 Cash funds**|**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
Reserves
Remaining funds
**Details**
**Details**
Assets in our Library of Things
Assets used for operations
**Details**
Signature
Anne Hills|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**9 476**
**-**
**6 859**
**-**
**-**
**-**
**16 335**
**-**
Agreement Error
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**4 906**
**1 620**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**
**-**
Print Name
Anne Hills|**Endowment**
**funds**
**to nearest £**| |---|---|---|---| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||OK| ||||**Endowment**
**funds**
**to nearest £**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**When due**
**(optional)**| ||||| ||||| ||||| ||||| ||||| ||||| ||||Date of
approval| ||Anne Hills|Anne Hills|18/11/2025| ||||| CCXX R2 accounts (SS) 2