READING CULTURE CIO
As partner to the Bradford Literature Festival, Reading Culture looks at educational and school needs.
Financial health, per its FY2025 accounts
The accounts state that the charity had minimal activity in 2025, receiving £54,050 in donations which were spent on artistic and marketing costs. The charity's unrestricted funds decreased from £117,593 to £53,665, resulting in a net current liability of £20. The trustees acknowledge the need to develop future funding relationships to fulfill their objectives.
What the accounts disclose
“The Reserves Policy, set by trustees, is that the unrestricted funds not committed or invested in tangible fixed assets held by the charity should be 3 months of annual expenditure. We will work over a 3-5 year period to establish such reserves to reach this target” — page 3
“The Trustees will review how best the charity can fulfil its objectives through developing future funding relationships who share our ambitions to transform people's lives through access to literature and associated arts and culture.” — page 3
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2025 | £54k | £54k |
| 31/10/2024 | £118k | £60 |
| 31/10/2023 | £79k | £79k |
| 31/10/2022 | £234k | £234k |
| 31/10/2021 | £125 | £125 |
Common questions
Is READING CULTURE CIO financially healthy?
Per its FY2025 accounts: The accounts state that the charity had minimal activity in 2025, receiving £54,050 in donations which were spent on artistic and marketing costs. The charity's unrestricted funds decreased from £117,593 to £53,665, resulting in a net current liability of £20. The trustees acknowledge the need to develop future funding relationships to fulfill their objectives. Its FY2025 accounts were independently examined.