KIBWORTH COMMUNITY LIBRARY
The provision of a public library. The advancement of education for the public benefit by the provision of a volunteer run lending library and other facilities for education including access to the computers and the internet. The advancement of arts and culture by the provision of events, activities and workshops at the Library premises
Financial health, per its FY2025 accounts
The accounts state that the charity generated an underlying financial surplus of circa £2,300 before specific grants and donations, despite significant inflationary increases in costs. However, net income reduced to a deficit of £36,742 mainly due to significant payments towards a new library building extension. The charity reports a diverse income base and is not overly dependent on any single source of income.
What the accounts disclose
“The main contributors being book sales, the Harborough Lottery, the various groups that we run and event ticket sales.”
“we seek to retain sufficient reserves to cover events or situations that May occur, such as the Covid-19 lockdowns.” — page 7
Trustees
- Bryan Charles Higgins
- CHRIS PILLAR
- KATE WOOD
- Keith Terence Gibbons
- Tracey Widdall
- VAL MOORE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £15k | £26k |
| 31/03/2025 | £42k | £78k |
| 31/03/2024 | £39k | £10k |
| 31/03/2023 | £8k | £17k |
| 31/03/2022 | £13k | £5k |
Common questions
Is KIBWORTH COMMUNITY LIBRARY financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated an underlying financial surplus of circa £2,300 before specific grants and donations, despite significant inflationary increases in costs. However, net income reduced to a deficit of £36,742 mainly due to significant payments towards a new library building extension. The charity reports a diverse income base and is not overly dependent on any single source of income. Its FY2025 accounts were independently examined.