THE LITERARY AND PHILOSOPHICAL SOCIETY OF NEWCASTLE-UPON-TYNE

Registered charity 1120948 · accounts filings on the Charity Commission register

Promoting education in the North East of England, with particular reference to language, literature, philosophy, science, history, music and the fine arts by maintaining a library, providing educational lectures and events; raising funds by charging subscriptions and making other charges for the exclusive purposes of the charity and by such other charitable means as the charity may think fit.

Causes: Education/training · Arts/culture/heritage/science · Environment/conservation/heritage · website · Get email alerts

Latest income
£1.5m
Latest spending
£554k
Registered
2007
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a loss on unrestricted reserves of £60,549, which was covered by investment gains, resulting in an overall surplus. The trustees note a persistent revenue deficit and that free reserves of £17,274 are below the stated policy target of £60,000.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Related-party transaction: The Literary & Philosophical Trading Company Limited
“During the year the subsidiary company donated £4,002 (2023: £2,839) of profits to the Charitable Company.” — page 46
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Kinnair Associates Limited. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£1.5m
Total spending
£554k
Cost of raising funds
£19k
Reserves (reported)
£17k
Employees
15

Reported reserves equal ~0.4 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (74% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 1.3% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Cumbria · Durham · Gateshead · Middlesbrough · Newcastle Upon Tyne City · North Tyneside · Northumberland · South Tyneside · Sunderland

Income and spending

Financial year endIncomeSpending
31/12/2024£1.5m£554k
31/12/2023£479k£527k
31/12/2022£390k£456k
31/12/2021£402k£439k
31/12/2020£427k£413k

Common questions

Is THE LITERARY AND PHILOSOPHICAL SOCIETY OF NEWCASTLE-UPON-TYNE financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a loss on unrestricted reserves of £60,549, which was covered by investment gains, resulting in an overall surplus. The trustees note a persistent revenue deficit and that free reserves of £17,274 are below the stated policy target of £60,000. Its FY2024 accounts were audited by Kinnair Associates Limited.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
Community Foundation North East06/11/2025£4kGrant to The Literary and Philosophical Society of Newcastle upon Tyne
Community Foundation North East06/11/2025£7kGrant to The Literary and Philosophical Society of Newcastle upon Tyne
The National Lottery Heritage Fund19/06/2025£274k""Lit & Phil Open""
Community Foundation North East21/11/2024£1kGrant to The Literary and Philosophical Society of Newcastle upon Tyne
Community Foundation North East14/11/2024£4kGrant to The Literary and Philosophical Society of Newcastle upon Tyne
Community Foundation North East07/11/2024£10kGrant to The Literary and Philosophical Society of Newcastle upon Tyne
Community Foundation North East19/02/2018£2kCrowdfund - Newcastle Noir @ The Lit & Phil
Community Foundation North East19/02/2018£2kCrowdfund - Newcastle Noir @ The Lit & Phil
The National Lottery Heritage Fund26/02/2015£55k"Reflections of Newcastle 1914-1918"
The National Lottery Heritage Fund19/09/2008£300k"Widening Access to the Heritage And Collections of The Lit & Phil and Mining Institute"
The National Lottery Heritage Fund23/05/2005£50k"North East Institute Development Project"
Northern Rock Foundation08/03/2005£180kGrant awarded to The Literary and Philosophical Society of Newcastle upon Tyne (Tyne & Wear)
Northern Rock Foundation08/09/2003£10kGrant awarded to The Literary and Philosophical Society of Newcastle upon Tyne (Tyne & Wear)
The National Lottery Heritage Fund17/06/1999£435k"Lit & Phil Modernisation, Newcastle"

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE MIDDLETON FOUNDATION1£4k
CBRE UK CHARITABLE TRUST1£750

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with NEWCASTLE ARTS CENTRE TRUST LTD.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE LITERARY AND PHILOSOPHICAL SOCIETY OF NEWCASTLE-UPON-TYNE£1.5m—0unclear—no doubt
NEWCASTLE ARTS CENTRE TRUST LTD FY2025£175k—0unclear—no doubt
NEWCASTLE UPON TYNE MUSICAL THEATRE COMPANY FY2025£198k—0unclear—no doubt
NEWCASTLE UNIVERSITY STUDENTS' UNION FY2025£7.6m£90,000 - £100,0004unclear—no doubt
NEWCASTLE BANGLADESHI ASSOCIATION FY2025£165k—0unclear—no doubt
NEWCASTLE DIOCESAN SOCIETY FY2025£473k—0above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.