## **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||||
|received and will be included in the next year's A/Cs.||||
|Notes: 2
This 1st year accounting period matches the reporting||||
|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