KIRBY MUXLOE LIBRARY AND COMMUNITY HUB

Registered charity 1170870 · accounts filings on the Charity Commission register

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.

Objects

1.THE PROVISION OF A PUBLIC LIBRARY IN KIRBY MUXLOE.2.TO PROMOTE FOR THE BENEFIT OF THE RESIDENTS OF KIRBY MUXLOE AND SURROUNDING AREAS THE PROVISION OF A PUBLIC LIBRARY FOR RECREATION AND OR OTHER LEISURE TIME OCCUPATION OF INDIVIDUALS WHO HAVE NEED OF SUCH FACILITIES BY REASON OF THEIR YOUTH, AGE, INFIRMITY OR DISABLEMENT, FINANCIAL HARDSHIP OR SOCIAL AND ECONOMIC CIRCUMSTANCES, OR FOR THE PUBLIC AT LARGE IN THE INTERESTS OF SOCIAL WELFARE AND WITH THE OBJECT OF IMPROVING THE CONDITION OF LIFE OF THE SAID RESIDENTS.3.TO ADVANCE THE EDUCATION OF THE PUBLIC IN KIRBY MUXLOE AND SURROUNDING AREAS BY OPERATING AND MANAGING A LENDING LIBRARY.

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

Causes: Education/training · Recreation · website · Get email alerts

Latest income
£30k
Latest spending
£15k
Registered
2016
Accounts read
FY2025

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.

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

What the accounts disclose

Going concern: noted by the trustees or auditor
“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.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). 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: Leicestershire

Income and spending

Financial year endIncomeSpending
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.