Gibson Library | 2023 - 2024 | 2022 - 2023 | ||||
|---|---|---|---|---|---|
| Income £ |
Expense £ |
Income £ |
Expense £ |
||
| Memberships Donations general Christopher Cornell Donation Gibson Walden Fund (Note 2) Gift Aid Refund Photos in Walden Local Photos in Turnbull book Grant from UDC New presentation equipment English Heritage Trust grant (Note 1) New Book of the Library (Note 1) John Gordon Donation Grants received earlier Microfilm/fiche reader Rebindings (Note 2) Website Independent Libraries Assoc Insurance Zoom fees Speakers Events Cards Books Secretarial Bookcase Sundry Interest |
1,150 536 0 600 309 196 500 775 2,000 174 1,154 |
1,096 3,295 600 269 60 101 144 125 174 0 0 0 0 8 |
1,010 492 250 700 299 1,000 2,250 460 |
3,250 700 144 120 101 101 0 105 46 35 7 95 36 |
|
| Totals Expenses |
7,395 -5,872 |
5,872 | 6,461 -4,759 |
4,759 | |
Surplus / (Deficit) |
£1,523 |
£1,703 |
|||
| 01/04/23 Opening |
31/03/24 Closing |
Change |
|
|
Cash & cheques Barclays Account Saffron BS Deposit Saffron BS Collins Accrued Rebindings (Note 2) Essex Heritage Trust |
0 10,822 12,476 8,200 -700 -2,000 |
17 9,774 13,172 8,658 -1,300 0 |
17 -1,048 696 458 -600 2,000 |
Totals |
£28,797 |
£30,320 |
£1,523 |
| 1. New History of the Library book Essex Heritage Trust b/fwd from 22/23 Layout work for the book Additional photos for the book Net cost to the Society | 2,000 -3,145 -150 -1,295 |
| 2. Rebindings
Accrual Brought forward from 22/23 Rebinding costs incurred in 23/24 Accrual carried forward from 23/24, | -700 -600 -1,300 |
April 29th 2024
I have examined the Accounts of the Gibson Library Society for the year ended 31st March 2024, and confirm that they are in accordance with the accounting rercords handed to me.
John Oswin Smith
Independent Examiner
Our Membership Income was up about 14% this year, and this with income from the Walden's Local use of some of our photos plus our share of the net income from Malcolm Turnbull's book results in a notably increase in our total Income.
We continue to allocate the money we receive from the Gibson Walden Fund towards rebinding, but we have not expended any of this year's or last year's money for the reasons the Chairman explained in his report, so we carry forward the accrual for payment next year.
Our largest expenditure this year was on the production of the new book on the Gibson Library, the income for which we hope to see in the 2024/25 Accounts.
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
3 May 2024
Return to the AGM 2024 page.
