FRIENDS OF JESMOND LIBRARY
(i) Operating Jesmond Library for the benefit of the public(ii) advancing education culture and the arts for the public benefit by the provision of cultural activities, libraries, learning and information centres and other related services.
Financial health, per its FY2025 accounts
The accounts state that the charity generated a net surplus of £14,125.40 for the year, increasing total funds to £134,093.86. The trustees consider reserves to be more than adequate, maintaining an operating reserve of £26,000 which meets their stated policy of covering twelve months of general running costs. The charity is wholly dependent on volunteers, employing no paid staff.
What the accounts disclose
“The largest contributors to our general income are donations from 151 regular subscribers by Standing Order (£12,619 in 2024/25)” — page 15
“we intend to retain £26,000 for this purpose for the foreseeable future.”
Property (HM Land Registry)
Trustees
- Peter Francis Breakeychair
- ANNE BURTON
- CHRIS CLARKE
- Felicity Mendelson
- JEREMY CHRISTOPHER HARDY
- Julian Nicholas Scott Hargreaves
- Philip John Browne
- Richard John Watson
- SARAH ELIZABETH BREAKEY
- SUSAN REA
- Sarah Mercer
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £65k | £51k |
| 31/03/2024 | £66k | £59k |
| 31/03/2023 | £77k | £67k |
| 31/03/2022 | £58k | £71k |
| 31/03/2021 | £94k | £72k |
Common questions
Is FRIENDS OF JESMOND LIBRARY financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a net surplus of £14,125.40 for the year, increasing total funds to £134,093.86. The trustees consider reserves to be more than adequate, maintaining an operating reserve of £26,000 which meets their stated policy of covering twelve months of general running costs. The charity is wholly dependent on volunteers, employing no paid staff. Its FY2025 accounts were independently examined.
Who funds FRIENDS OF JESMOND LIBRARY?
Funders whose own accounts filings name FRIENDS OF JESMOND LIBRARY as a grant recipient include BARCHESTER HEALTHCARE FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| BARCHESTER HEALTHCARE FOUNDATION | FY2024 | £1k | Programme of wellbeing sessions for up to 40 people once a month. |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 13/03/2020 | £7k | New windows for community library |