Gibson Library | 2025 - 2026 | 2024 - 2025 | ||||
|---|---|---|---|---|---|
| Income £ |
Expense £ |
Income £ |
Expense £ |
||
| Memberships Donations general Gibson Walden Fund (Note 1) Gift Aid Refund Photos in Walden Local Visit income (Note 4) Visit expense The Library Book income (115 bks) The Library Book direct cost (Note2) ISBN for The Book First Grant from NHLF (Note 3) Initial new website cost Grant carried forward New photos website Rebindings (Note 1) Website Speakers Zoom fees Insurance Independent Libraries Assoc Wine for meetings External sign maintenance Sundry Interest |
995 352 600 351 0 195 1,767 69,520 1,303 |
210 925 93 4,170 65,350 1,158 600 282 208 156 101 60 52 0 7 |
1,110 526 600 332 1,500 205 1,279 |
168 1,001 156 160 156 101 0 0 175 43 |
|
| Totals Expenses |
75,082 -73,371 |
73,371 | 5,552 -1,960 |
1,960 | |
Surplus |
£1,711 |
£3,592 |
|||
| 01/04/25 Opening |
31/03/26 Closing |
Change |
|
|
Cash & cheques Barclays Account Saffron BS Deposit Saffron BS Collins Barclays Deposit Account NLHF Funds not yet spent (Note 4) New book printing paid (Note 3) Accrued Rebindings (Note 1) |
0 8,987 13,982 7,727 0 0 3,217 0 |
0 10,920 14,724 8,138 65,499 -65,350 2,292 -600 |
0 1,933 742 410 65,499 -65,350 -925 -600 |
Totals |
£33,913 |
£35,623 |
£1,711 |
1. Rebindings This year we have set aside £600 for book rebindings, but have not paid any money out on this as we have not yet had an invoice for the work. We continue to benefit from the generosity of the Gibson Walden Fund who have paid us £600 for this work.
2. New book on Gibson Library
The full printing costs for The Library Book were paid in late March 2025, and this cost was carried forward to set against the sales in 2025 and beyond. During the year we were paid for 115 copies, and the pro-rata cost of these has been set against their income, leaving a balance of £2,292 for the stock remaining.
3. National Lottery Heritage Fund
We received the first half of the total grant from the NLHF in December 2025, but in the 2025/26 financial year we only paid out an initial cost concerning the design of the new website. This results in the bulk of the money carried forward for use in 2026/27.
4. External visit in 2025 was to the St Bride's Institute in London (in 2024 to the Cromwell Museum in Huntingdon).
April 23rd 2026
I have examined the Accounts of the Gibson Library Society for the year ended 31st March 2026, and confirm that they are in accordance with the accounting records handed to me.
Mark Vernon
Independent Examiner
The total of our Membership Income, general donations and Gift Aid refund was a small amount below the preceding year, so I will need to do some more chasing this year.
Our largest expenditure in recent years has been on the development and printing of the new book on the Gibson Library, and we are now starting to receive income from sales of the book; we hope for many more sales in the next few years.
In December 2025 we were awarded a grant from the National Lottery Heritage Fund, primarily to support a new website, a new catalogue specifically of the Gibson Library items and the digitisation of suitable pages (which will be visible in the new website). This is planned as a two year project; work commenced in April 2026 on the selection of suppliers and equipment.
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 Mark Vernon for fulfilling the duties of Independent Examiner of the Annual Accounts.
Peter Walker
GLS Treasurer
23rd April 2026
Return to the AGM 2026 page.
