Photoworks' first annual issue was launched on November 5th 2013. You can expect it to arrive in the library soon, and it will (I assume) be available online at some point (not sure when).
This issue will comprise a range of commissioned photographic work, conversations, and new writing. For more information see here.
I will have to make a decision whether to continue to treat this as a magazine (and shelve it with the magazines), or treat it like some of our other annuals, which are shelved with the books. Ultimately, it will depend whether it has an ISSN or ISBN.