FRIENDS OF SOUTHWOLD LIBRARY
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
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.
What the accounts disclose
“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
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
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- Mark Kenneth Eagleschair
- Charlotte Rebecca Clark
- Fiona Elizabeth Anderson
- Honor Manson
- Jennifer Mary Johnson
- Jill Marion Horne
- KATHRYN ELIZABETH STEVENSON
- Mary Anne Louisa Allerton
- SARA LOUISE FARRANDS
- Yvonne Blair
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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.