FRIENDS OF KENSAL RISE LIBRARY LIMITED
The charitable object of the Friends of Kensal Rise Library is:To advance public education by running and/or assisting in the running of a library at Bathurst Gardens, Kensal Rise, London NW10 5JA, for the benefit of the residents of the London Borough of Brent.
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a deficit on unrestricted funds of £36,024, reducing total free reserves from £92,929 to £56,905. Per the trustees' report, the charity maintains a reserves policy target of £20,000 to cover projected closing liabilities, meaning current reserves are above this stated minimum. The trustees confirm there are no material uncertainties regarding the charity's ability to continue in operational existence.
What the accounts disclose
“The reserves level approved for 2025-26 are £20,000.” — page 7
Property (HM Land Registry)
Trustees
- Adam Charles Greenchair
- Andrew Olusegun Olaleye
- Brian Stewart Jackson
- JOHN PATRICK WALSH
- Lorenzo Piras
- Margaret Bailey
- Maria Balinska
- Nicola Christopher
- Vivien Bea Sproule
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £34k | £70k |
| 31/03/2024 | £45k | £40k |
| 31/03/2023 | £57k | £36k |
| 31/03/2022 | £35k | £59k |
| 31/03/2021 | £43k | £37k |
Common questions
Is FRIENDS OF KENSAL RISE LIBRARY LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a deficit on unrestricted funds of £36,024, reducing total free reserves from £92,929 to £56,905. Per the trustees' report, the charity maintains a reserves policy target of £20,000 to cover projected closing liabilities, meaning current reserves are above this stated minimum. The trustees confirm there are no material uncertainties regarding the charity's ability to continue in operational existence. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 08/08/2019 | £10k | Keep Kensal Community Library Manager |
| The National Lottery Community Fund | 14/05/2018 | £10k | Kensal Rise Community Library Manager |