Trustees’ Annual Report for period 24th May 2023 to 31st May 2024
Weston Community Library registered no.1203250
13 Church Street, Weston, Bath, BA1 4BU
Structure and Governance
Weston Community Library was registered as a Charitable Incorporated OrganisaFon (FoundaFon) on 24th May 2023.
It is managed by its Trustees by way of decisions taken at regular meeFngs. Names of Trustees
Shelley Bromley Rosemary Kerr Secretary Barbara Kiernan Volunteer Co-ordinator Caroline Sharpe Chair Jean Waltham Volunteer Co-ordinaFon Stephen WaTs Treasurer
All these Trustees were appointed on the dissoluFon of the previous voluntary organisaFon known as Love Weston Library. There have been no changes of Trustees during this period. The governing document of the charity is its consFtuFon.
Ac?vi?es and Objec?ves
The charity runs and manages a community lending Library to advance the educaFon, and promote the recreaFon and leisure Fme occupaFons of the public in Weston, Bath and the surrounding area and communiFes.
The Charity operates in partnership with the Library Service of Bath and North East Somerset Council which provides the books and library management system.
The library is staffed enFrely by volunteers and is open on three days a week for the reservaFon, collecFon and return of books, both those in the library and those available through the LibrariesWest online booking system. There is a children’s corner where parents and carers can explore books with their children.
During this period, in term Fme, a weekly Story Time was held for pre-school children, outside library opening hours. There were also exclusive sessions for a local nursery school.
Achievements and Performance
During this period 107 new members joined the library, giving a total membership of 540 with 9,807 books being issued.
The charity applied for a grant from Bath and North East Somerset Council and a grant agreement was signed on 19 January 2024 awarding £17,100 to the Charity to enable it to negoFate a new lease of the library’s premises and to cover future refurbishment.
Financial Review £28,156
The charity is responsible for annual running costs of approximately £3000 to cover lighFng; heaFng; Internet and insurance. During this financial period a peppercorn rent was paid to the landlord of the premises. The trustees are aware of the need to fundraise every year to cover running costs whilst keeping a healthy reserve. The grant from Bath and North East Somerset Council can only be used for rent and refurbishment.
Annual Accounts for Weston Community Library T/A Love Weston Library 24/05/2023 To 31/05/2024
| GENERAL INCOME | £ | ||
|---|---|---|---|
| Closing Balance of Non-Charity LWL Transferred | 8,986.34 | ||
| Donations | Collection Tin | 24.38 | |
| Nuttall | 20.00 | ||
| Orwellian Quiz Team | 50.00 | ||
| Sherwin | 360.00 | ||
| Watts | 1.96 | ||
| Fundraising | Bath Half Marathon | 600.00 | |
| Pub Raffle | 964.28 | ||
| Relish Running | 50.00 | ||
| Transfers from Grant Fund | 0.00 | ||
| TOTAL GENERAL INCOME | 11,056.96 | ||
| GRANT INCOME | |||
| B&NES CIL Fund | Rent at £2000 pa for 5 years | 10,000.00 | |
| B&NES CIL Fund | Fixtures, Fittings and Capital Items | 7,100.00 | |
| TOTAL GRANT INCOME | 17,100.00 | ||
| GRAND TOTAL INCOME | 28,156.96 | ||
| EXPENDITURE | |||
| Broadband | 692.53 | ||
| Electricity | 2,233.70 | ||
| Website Hosting | 72.00 | ||
| TOTAL EXPENDITURE | 2,998.23 | ||
| ANNUAL SURPLUS/(DEFICIT) Transferred to General Reserves | 8,058.73 | ||
| Notes: 1 £1,791.52 owed to WCL at 31/05/24 has now been |
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| received and will be included in the next year's A/Cs. | |||
| Notes: 2 This 1st year accounting period matches the reporting |
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| to Charity Commission. Next year will be to 31/05/25. | |||
| RESERVES | |||
| GENERAL RESERVE | Balance | 24/05/23 | 0.00 |
| Annual Surplus/(Deficit) Transferred | 8,058.73 | ||
| GENERAL RESERVE | Balance | 31/05/24 | 8,058.73 |
| GRANT RESERVE | Balance | 24/05/23 | 0.00 |
| Income | 17,100.00 | ||
| Transfers out to General Income | 0.00 | ||
| GRANT RESERVE | Balance | 31/05/24 | 17,100.00 |
| TOTAL RESERVES | 31/05/24 | 25,158.73 |
Signed Stephen Watts (Treasurer) Date 03/12/2024
Signed William Close (Independent Examiner) Date
Annual Accounts for Weston Community Library TIA Love Weston Library 2410512023 To 3110512024 GENERAL INCOME Closing Balance ol Non-charily LWL Transferred Donations Collection Tin Nuttall Orwellian Quiz Team Sherwin Walls 8alh Half Marathon Pub Raffle Relish Runnin9 8,986.34 24.38 20.00 50.00 360.00 1.96 600.00 964.28 50.00 0.00 11,056.96 Fundraising Transfers from Grant Fund TOTAL GENERAL INCOME GRANT INCOME B&NES CIL Fund B&NES CIL Fund TOTAL GRANT INCOME Renl 81 £2000 pa for 5 years Fixturès, Filllngs and Capital Items 10.000.00 7.100.00 17,100.00 GRAND TOTAL INCOME 28,156.96 EXPENDITURE Broadband 692.53 2,233.70 72.00 2.998.23 Webslte H0511ng TOTAL EXPENDITURE ANNUAL SURPLUSIIDEFICITI Transferred lo Ggneral Rgser¥gs 8,OS8.73 Nolos.. 1 £1,791.52 owed lo WCL at 31105124 has now been received and will be included in th& next year's AJCS. Thls 1 sl year accounting period matches the reporting to Charity Commis5i0n. Nexl year will be lo 31105125. Notes.. 2 RESERVES GENERAL RESERVE Balance Annual SurplvsllDelicitl Transferred GENERAL RESERVE Balancè 24105123 0.00 8.058.73 8,058.73 31105124 GRANT RESERVE Income Transfers out lo General In¢ome GRANT RESERVE Balance Balance 24105123 0.00 17.100.00 0.00 17.100.00 31105124 TOTAL RESERVES 31105124 25.158.73 Signod Stephen Walls ITreasurerl Date 0311212024 Signed William Close Ilndependenl Examiner) Oale