LOW FELL LIBRARY ASSOCIATION
The association provide a public library service for residents in Low Fell and the surrounding area of Gateshead. Our activities include running a book lending service, providing access to Gateshead Council?s public access computers in the library, RhymeTime and other regular children?s activities, a monthly Book Group and a programme of speakers and events for the local community.
Financial health, per its FY2025 accounts
The accounts state that the charity operated at a deficit of £2,327 for the year, with total funds carried forward reducing to £550 in the unrestricted fund. The trustees note that the operation continues to require funding as council contributions ceased in 2015, relying on grants and donations to meet bills. Despite the deficit, the reserves policy targets six months of core operating costs, currently equating to £7,500, though the actual unrestricted reserves held are significantly below this target.
What the accounts disclose
“The Association maintains an unrestricted reserve equivalent to six months of core operating costs (this currently equates to a reserve of £7,500.00).” — page 13
Trustees
- FRANK HINDLEchair
- Alyson Barratt
- Eileen Donnelly
- Gillian Beauchamp
- Jennifer Elizabeth Johnson
- June Mary Hesslewood
- Ross Brown
- Susan Le Jeune
- Terence Wileman
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £33k | £22k |
| 31/03/2024 | £10k | £17k |
| 31/03/2023 | £20k | £16k |
| 31/03/2022 | £20k | £17k |
| 31/03/2021 | £28k | £12k |
Common questions
Is LOW FELL LIBRARY ASSOCIATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity operated at a deficit of £2,327 for the year, with total funds carried forward reducing to £550 in the unrestricted fund. The trustees note that the operation continues to require funding as council contributions ceased in 2015, relying on grants and donations to meet bills. Despite the deficit, the reserves policy targets six months of core operating costs, currently equating to £7,500, though the actual unrestricted reserves held are significantly below this target. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 16/09/2022 | £10k | Community Activities for Everyone 2022-2023 |
| The National Lottery Community Fund | 09/08/2018 | £10k | Community activities 2018/19 |