FRIENDS OF SOUTHWOLD LIBRARY

Registered charity 1163525 · accounts filings on the Charity Commission register · also known as FOSL

Sponsorship of Library events which promote library use and recreational reading to the public. Provision of equipment for the Library. Payment of services provided by the Library for the public.

Objects

1. TO ADVANCE THE EDUCATION OF THE GENERAL PUBLIC IN SOUTHWOLD, SUFFOLK AND THE SURROUNDING AREA, IN PARTICULAR BUT NOT EXCLUSIVELY BY THE PROVISION OF A LENDING LIBRARY; 2. TO FURTHER OR BENEFIT THE RESIDENTS OF SOUTHWOLD, SUFFOLK AND THE NEIGHBOURHOOD, WITHOUT DISTINCTION OF SEX, SEXUAL ORIENTATION, RACE OR OF POLITICAL, RELIGIOUS OR OTHER OPINIONS BY ASSOCIATING TOGETHER THE SAID RESIDENTS AND THE LOCAL AUTHORITIES, VOLUNTARY AND OTHER ORGANISATIONS IN A COMMON EFFORT TO ADVANCE EDUCATION AND TO PROVIDE FACILITIES IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATION LEISURE TIME OCCUPATION WITH THE OBJECTIVE OF IMPROVING THE CONDITIONS OF LIFE FOR THE RESIDENTS

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · Arts/culture/heritage/science · Recreation · website · Get email alerts

Latest income
£46k
Latest spending
£20k
Registered
2015
Accounts read
FY2026

Financial health, per its FY2026 accounts

The accounts state that unrestricted reserves increased from £54,551.77 to £62,215.17 during the financial year. The charity holds sufficient funds to cover committed ongoing costs, specifically the media licence, cupboard rental, and newspapers, as defined by its reserves policy. Total income exceeded total expenses, resulting in a positive net movement in funds.

Automated summary of the FY2026 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: sufficient funds to cover any on-going cost to which FoSL had committed for at least the next financial year (held: £62k)
“The Trustees have agreed that the Reserves Policy should be to hold sufficient funds to cover any on-going cost to which FoSL had committed for at least the next financial year.” — page 1
Per its FY2026 accounts as filed with the Charity Commission.

Accounts audited. Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Trustees · trustee networks

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

Operates in: Suffolk

Income and spending

Financial year endIncomeSpending
05/04/2026£46k£20k
05/04/2025£26k£18k
05/04/2024£22k£15k
05/04/2023£21k£21k
05/04/2022£11k£4k

Common questions

Is FRIENDS OF SOUTHWOLD LIBRARY financially healthy?

Per its FY2026 accounts: The accounts state that unrestricted reserves increased from £54,551.77 to £62,215.17 during the financial year. The charity holds sufficient funds to cover committed ongoing costs, specifically the media licence, cupboard rental, and newspapers, as defined by its reserves policy. Total income exceeded total expenses, resulting in a positive net movement in funds. Its FY2026 accounts were audited.