THE PORTICO LIBRARY AND NEWSROOM

Registered charity 1143639 · accounts filings on the Charity Commission register · also known as PORTICO, PORTICO LIBRARY AND NEWSROOM LIMITED

FOR THE ADVANCEMENT OF EDUCATION, LITERACY, THE DIFFUSION OF KNOWLEDGE, AND THE PROVISION OF LITERATURE FOR THE DEVELOPMENT AND THE WIDENING OF PUBLIC INTEREST IN MATTERS OF LITERACY, ARTISTIC, SCIENTIFIC AND TECHNICAL INTEREST OF EVERY KIND; TO CONDUCT A LIBRARY IN THE PREMISES AT MOSLEY STREET, MANCHESTER, AND BUY OR HIRE AND LEND BOOKS, MAGAZINES, MUSIC, PERIODICALS AND PUBLICATIONS GENERALLY.

Causes: General Charitable Purposes · Education/training · Arts/culture/heritage/science · website · Get email alerts

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net deficit of £179,009 for the year, which was offset by gains on the revaluation of fixed assets to produce an overall increase in reserves. The trustees note that the charity relies on external core costs funding to support its operations due to reduced rental income and increased staffing costs. Despite the trading loss, the charity held total funds of £8,181,009 at the end of the reporting period.

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

What the accounts disclose

Accounts audited by BTMR Limited. Discloses 5 of 6 completeness components.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (1 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook · instagram

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

Reported reserves equal ~2.7 months of spending — below the median for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (64% 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: 49.9% of total income — above the 90th percentile for charities its size (median 4.9%) (benchmarks).

Register events

• Received assets from another charity (30/06/2020) — per the register’s event history; asset transfers typically record mergers or reorganisations.

Trustees · trustee networks

• Susan Catherine Diggineschair
• Alison Louise Pearce
• Dr David Christopher Cooper
• Dr Louisa Jayne Yates
• Esther Olivia Lisk-Carew
• Karen Chancellor
• Kathryn Ann Graham · trustee of 2 other charities
• Kevin Dalton-Johnson
• Paul Deehan
• Sade Regina Chinelo Omeje
• Sarah Elizabeth Lay
• Tam Watson · trustee of 1 other charity

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

Operates in: Manchester City

Income and spending

Common questions

Known funders

Grants to this charity found in funders’ own accounts filings.

Government & lottery funding

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