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BINGHAM LIBRARY TRUST LIMITED

Registered charity 1163250 · accounts filings on the Charity Commission register

For the benefit of Cirencester, to advance public education & the arts/music. Also to provide facilities for recreation or leisure, in the interests of social welfare, to improve life for people who live in or visit the area and/or people who have particular needs by reason of youth, age, infirmity, disability, poverty or social and economic circumstances.

Causes: Other Charitable Purposes · website · Get email alerts

Latest income
£183k
Latest spending
£219k
Registered
2015
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that total expenditure exceeded income by £36,664, a shortfall met from general reserves. The charity holds unrestricted funds of £795,263 and investment property valued at £2,962,003, providing significant asset backing despite the current year deficit.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Services Income
“Services Income 154,621”
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: minimum general reserve (held: £795k)
“The funding model outlined in the strategic overview shows a trajectory of increasing our investment holdings to derive an income to fund grants and bursaries which align with the vision and mission statement of the Trust, alongside building a capital fund to maintain and develop the Trust’s property portfolio, whilst maintaining a minimum general reserve.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Management service arrangement with Cirencester Town Council
“The management service arrangement with Cirencester Town Council was extended for a further four years in 2023; this is now overseen by a formal service level agreement.” — page 3
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Gloucestershire

Income and spending

Financial year endIncomeSpending
31/03/2025£183k£219k
31/03/2024£186k£219k
31/03/2023£135k£185k
31/03/2022£131k£180k
31/03/2021£133k£149k

Common questions

Is BINGHAM LIBRARY TRUST LIMITED financially healthy?

Per its FY2025 accounts: The accounts state that total expenditure exceeded income by £36,664, a shortfall met from general reserves. The charity holds unrestricted funds of £795,263 and investment property valued at £2,962,003, providing significant asset backing despite the current year deficit. Its FY2025 accounts were independently examined.