Gibson Library | 2021 - 2022 | 2020 - 2021 | ||||
|---|---|---|---|---|---|
| Income £ |
Expense £ |
Income £ |
Expense £ |
||
| Memberships Donations general Gibson Walden Fund Gift Aid Refund Postcard sales Essex Locality Fund Grant (Note 4) New History of Library (Note 6) Rebranding signage (Note 5) Covid screens(Note 4) Insurance Photos Rebindings (Note 1) Rebranding costs Secretarial Speakers Sundry Website Zoom fees (Note 4) Interest |
985 420 500 331 11 0 1,000 810 220 |
1010 976 0 101 24 500 36 21 120 28 95 152 |
1,083 426 500 337 2 1,000 249 |
500 0 446 101 0 500 0 7 165 0 144 179 |
|
| Totals Expenses |
4,277 -3,064 |
3,064 | 3,598 -2,042 |
2,042 | |
Surplus / (Deficit) |
£1,213 |
£1,556 |
|||
| 01/04/21 Opening |
31/03/22 Closing |
Change |
|
| Barclays Account Saffron BS Deposit Saffron BS Collins Accrued Rebindings (Note 2) Essex CIF (Notes 5) Essex Heritage Trust (Notes 3 & 6) Verity Steele (Note 3) EE Councillor Gadd (Note 3) Uttlesford Councillor Light (Note 3) Uttlesford Culture & Leisure (Note 3) |
10,695 12,065 7,931 -1,000 -810 -3,000 0 0 0 0 |
11,629 12,198 8,018 -500 0 -2,000 -250 -1,000 -500 -500 |
933 133 87 500 810 1,000 -250 -1,000 -500 -500 |
Totals |
£25,881 |
£27,095 |
£1,213 |
1. This year's Rebindings cost charged this year.
2. Preceding two year's Rebinding costs paid, but 21/22 not yet paid.
3. Grants received, but not yet used
4. Grant from Essex Locality Fund 1000
1st payment re new History -500
Covid screens in Gibson room -446
Zoom cost for 2021 -136, (there was also £43 for 2020)
Net cost for Gibson Library Society -82 in 20/21
5. Essex Community Initiative Fund: Signage for Gibson Library in the Public Library
Essex CIF Grant received (in 2020/21) 810
Rebranding signage -976
Net cost for Gibson Library Society -166
6. Essex Heritage Trust: 3,000
2nd payment re new History -1,000
Balance carried forward 2,000
Our Membership Income was again down about 10% this year, attributable to the continuing absence of face to face meetings and talks, resulting in far lower cash and cheque payments.
We continue to allocate the £500 we receive from the Gibson Walden Fund towards rebinding. This year we paid the accrual for the 2019/2020 and 2020/2021 years, but the 2021/2022 cost is accrued for payment next year.
General expenditure was a little lower this year, so despite the drop in income the net result was only a modest reduction in surplus.
During the year there were several successful bids for grants, which will be spent in 2022/2023, and hence appear as Accruals on this year's balance sheet.
I believe that the financial results of the year show the Society to be in a healthy state, and do not require any increase in Subscription rates.
Finally, I'd like to thank John Oswin Smith for again fulfilling the duties of Independent Examiner of the Annual Accounts.
Peter Walker
GLS Treasurer
26 April 2022
Wednesday 25th April 2022
I have examined the accounts of the Gibson Library Society for the year ended 31st March 2022, and confirm that they are in accordance with the accouting records handed to me.
John Oswin Smith
Independent Examiner
Return to the AGM 2022 page.
