Gibson Library Society – Accounts 2023
Gibson Library Society
Income & Expenditure 1 April 2022 to 31 March 2023
| 2022 – 2023 | 2021 – 2022 | ||||
|---|---|---|---|---|---|
| Income £ |
Expense £ |
Income £ |
Expense £ |
||
| Memberships Donations general Christopher Cornell Donation Gibson Walden Fund (Note 2) Gift Aid Refund Suspence (Note 4) Postcard sales John Gordon Donation (Note 1) Grants received earlier (Note 1) Microfilm/fiche reader (Note 1) New History of Library (Note 3) Rebranding signage Rebindings (Note 2) Website Independent Libraries Assoc Insurance Zoom fees Bookcase Events Cards Books Secretarial Speakers Photos Rebranding costs Sundry Interest |
1,010 472 250 700 299 20 0 1,000 2,250460 |
3,250 0 0 700 144 120 101 101 95 105 46 35 7 0 19 0 36 |
985 420 0 500 331 0 11 0 01,000 810 220 |
0 1,010 976 500 95 0 101 152 0 0 0 0 21 1209 24 36 28 |
|
| Totals
Expenses |
6,461
-4,759 |
4,759 | 4,277
-3,064 |
3,064 | |
| Surplus / (Deficit) | £1,703 | £1,213 | |||
Gibson Library Society
Assets as at 31 March 2023
| 01/04/22 Opening |
31/03/23 Closing |
Change | |
| Barclays Account Saffron BS Deposit Saffron BS Collins Verity Steele (Note 1) EC Councillor Gadd (Note 1) Uttlesford councillor Light (Note 1) Uttlesford Culture & Leisure (Note 1) Accrued Rebindings (Note 2) Essex Heritage Trust (Note 3) |
11,629 12,198 8,018 -250 -1,000 -500 -500 -500 -2,000 |
10,822 12,476 8,200 0 0 0 0 -700 -2,000 |
-807 277 182 250 1,000 500 500 -200 0 |
| Totals | £27,095 | £28,797 | £1,703 |
Notes
| 1. Grants utilised Verity Steele EC Councillor Gadd Uttlesford Councillor Light Uttlesford Culture & LeisureJohn Gordon Donation in 22/23 Total grants & donations utilised, cost of new Microfilm/fiche reader |
250 1,000 500 500 2250 1,000 3,250 |
| 2. Rebindings Accrual Brought forward from 21/22 Paid in 22/23 Rebinding costs incurred in 22/23 Accrual carried forward from 22/23, = £700 received from Gibson Walden Fund |
-500 500 -700 700 |
| 3. Essex Heritage Trust 2nd payment re new History in 21/22 Balance carried forward |
3,000 -1,000 2,000 |
| 4. Suspence A “Contactless Card Refund” £20 Unknown item received 31/3/23 to be resolved in 2023/24 |
Treasurer’s Commentary
Our Membership Income was up a little this year, helped primarily by more members using standing orders.
We continue to allocate the money we receive from the Gibson Walden Fund towards rebinding. This year we paid the accrual for the 2021/2022 year, but the 2022/2023 cost is accrued for payment next year.
Expenditure was higher this year, essentially as we spent most of the grants received on the new microfiche/film reader.
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
18 April 2023
Independent Examiner’s Statement
May 8th 2023
I have examined the Accounts of the Gibson Library Society for the year ended 31st March 2023, and confirm that thety are in accordance with the accounting rercords handed to me.
John Oswin Smith
Independent Examiner
