KIRBY MUXLOE LIBRARY AND COMMUNITY HUB
Community-managed Library, and community hub, providing a public library for recreation and/or other leisure time occupation of individuals who have need of such facilities, serving Kirby Muxloe and the surrounding areas. Providing community activities to enable community development and cohesion.
Financial health, per its FY2025 accounts
The charity reported a surplus for the year, increasing its unrestricted reserves to £63,619. The trustees state that the charity is solvent and that current reserves are sufficient to cover operating costs for three years. However, the accounts highlight an uncertainty regarding the future of the building lease, which could impact future funding from the local council.
What the accounts disclose
“There is some uncertainty about the future of our lease which, if unresolved, could result in LCC removing its support of the building. However, our reserves should enable us to continue operating for a further three years, without any capital expenditure, which may give us time to build up further funds.”
Trustees
- Barbara Ann Hodson
- Karen Lesley Pugh
- Leigh Picciano - Moss
- Nigel Wollen
- Patricia Christine Wollen
- Penny Wright
- ROSEMARY ANNE STEAD BA
- Roger Newton Stead
- Sue Clodd
- Tom Wright
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £30k | £15k |
| 05/04/2024 | £17k | £9k |
| 05/04/2023 | £18k | £10k |
| 05/04/2022 | £9k | £6k |
| 05/04/2021 | £2k | £2k |
Common questions
Is KIRBY MUXLOE LIBRARY AND COMMUNITY HUB financially healthy?
Per its FY2025 accounts: The charity reported a surplus for the year, increasing its unrestricted reserves to £63,619. The trustees state that the charity is solvent and that current reserves are sufficient to cover operating costs for three years. However, the accounts highlight an uncertainty regarding the future of the building lease, which could impact future funding from the local council. Its FY2025 accounts were independently examined.