THE PORTICO LIBRARY AND NEWSROOM
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.
Objects
FOR THE ADVANCEMENT OF EDUCATION, LITERACY, THE DIFFUSION OF KNOWLEDGE, AND THE PROVISION OF LITERATURE, TO MAINTAIN THE PREMISES IN MOSLEY STREET, MANCHESTER, OR SUCH OTHER PLACE OR PLACES AS SHALL FROM TIME TO TIME BE DETERMINED AS A LIBRARY, NEWSROOM AND ART GALLERY, 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, OR AT SUCH OTHER PLACE OR PLACES AS SHALL FROM TIME TO TIME BE DETERMINED AND BUY OR HIRE AND LEND BOOKS, MAGAZINES, MUSIC, PERIODICALS AND PUBLICATIONS GENERALLY.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £45,894 for the year, a significant improvement from the £179,009 deficit in the prior year, largely due to a £210,045 revaluation gain on fixed assets. Per the trustees' report, unrestricted net current assets stood at £149,971, while total unrestricted funds were £8,120,952, though the majority of this total is tied up in fixed and heritage assets rather than liquid reserves. The trustees acknowledge that the ability to build liquid unrestricted reserves remains constrained by the resources required to progress the Portico Reunited project.
What the accounts disclose
“Total income increased to £764,365 from £549,959 in 2024, principally reflecting higher donations and legacies, including £269,241 of income relating to Reunited.” — page 19
“The Library’s long-term objective is to maintain unrestricted reserves equivalent to between three and six months of unrestricted annual expenditure.” — page 20
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/12/2025
- Volunteers: 52
Self-declared on the annual return for the financial year ending 31/12/2024
- Volunteers: 50
Self-declared on the annual return for the financial year ending 31/12/2023
- Volunteers: 26
Annual return filing dates (Charity Commission record)
Of its last 5 annual returns with a recorded received date, 1 was received after the due date: year ending 31/12/2021 (received 08/11/2022, 8 days after the 31/10/2022 due date).
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2025)
Register events
- Received assets from another charity (30/06/2020)
Trustees
- Susan Catherine Diggineschair
- Alison Louise Pearce
- Dr David Christopher Cooper
- Dr Louisa Jayne Yates
- Esther Olivia Lisk-Carew
- Karen Chancellor
- Kathryn Ann Graham
- Kevin Dalton-Johnson
- Paul Deehan
- Sade Regina Chinelo Omeje
- Sarah Elizabeth Lay
- Tam Watson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £764k | £810k |
| 31/12/2024 | £550k | £729k |
| 31/12/2023 | £413k | £445k |
| 31/12/2022 | £351k | £443k |
| 31/12/2021 | £433k | £394k |
Common questions
Is THE PORTICO LIBRARY AND NEWSROOM financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £45,894 for the year, a significant improvement from the £179,009 deficit in the prior year, largely due to a £210,045 revaluation gain on fixed assets. Per the trustees' report, unrestricted net current assets stood at £149,971, while total unrestricted funds were £8,120,952, though the majority of this total is tied up in fixed and heritage assets rather than liquid reserves. The trustees acknowledge that the ability to build liquid unrestricted reserves remains constrained by the resources required to progress the Portico Reunited project. Its FY2025 accounts were audited by BTMR Ltd.
Who funds THE PORTICO LIBRARY AND NEWSROOM?
Funders whose own accounts filings name THE PORTICO LIBRARY AND NEWSROOM as a grant recipient include ROSCA TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| ROSCA TRUST | FY2025 | £750 |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 19/05/2023 | £10k | Dining In: Exploring our communities' diverse histories through food |
| The National Lottery Heritage Fund | 04/05/2023 | £96k | "#DYC People, Purpose and Place in Historic Books - Dynamic Collections" |
| The National Lottery Heritage Fund | 30/11/2022 | £553k | "Reuniting the Portico Library, Uniting People" |
| The National Lottery Community Fund | 05/11/2021 | £10k | Connecting with Heritage Changing Lives |
| The National Lottery Heritage Fund | 20/07/2020 | £43k | "COVID19: The Portico Library" |
| The National Lottery Heritage Fund | 29/06/2018 | £87k | "Creating a resilient and engaged Portico Library and Newsroom" |
| The National Lottery Heritage Fund | 28/03/2018 | £9k | "Sharing The Portico LibraryÂ’s Hidden Heritage" |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MASTER CHARITABLE TRUST | 1 | £259k |
| THE SANDERSON FOUNDATION | 1 | £210k |
| THE DRUE HEINZ CHARITABLE TRUST | 1 | £200k |
| THE ROTHSCHILD FOUNDATION | 1 | £150k |
| THEIRWORLD | 1 | £100k |
| THE CHARLOTTE AITKEN TRUST | 1 | £82k |
| THE JOHN R. MURRAY CHARITABLE TRUST | 1 | £60k |
| THE JOHN S COHEN FOUNDATION | 1 | £20k |
Charities like this
- PRESTON COMMUNITY LIBRARY
- THE JAMES RECKITT LIBRARY ENDOWMENT
- MOSELEY ROAD COMMUNITY CENTRE
- THE LONDON READING CENTRE
- CATTERICK, RICHMOND AND COLBURN COMMUNITY LIBRARIES
- THE LONDON LIBRARY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE PORTICO LIBRARY AND NEWSROOM | £764k | — | 0 | unclear | — | no doubt |
| PRESTON COMMUNITY LIBRARY | £28k | — | 0 | unclear | — | noted |
| THE JAMES RECKITT LIBRARY ENDOWMENT | £506k | — | 0 | unclear | — | no doubt |
| MOSELEY ROAD COMMUNITY CENTRE | £93k | — | 0 | below | — | no doubt |
| THE LONDON READING CENTRE | £104k | — | 0 | unclear | — | no doubt |
| CATTERICK, RICHMOND AND COLBURN COMMUNITY LIBRARIES | £75k | Under £60,000 | 0 | unclear | — | no doubt |