WHICKHAM VOLUNTEER LIBRARY ASSOCIATION
We operate a volunteer library at the heart of our local community.
Financial health, per its FY2025 accounts
The accounts state that the charity showed a surplus of £12,365.59 for the year ended 31st March 2025, driven by one-off income streams including a VAT refund and a Barclays bank clawback. However, running costs were higher than expected due to backdated cleaning fees, and the trustees note that rental income from Barclays Bank is not guaranteed going forward, prompting a search for alternative revenue streams.
What the accounts disclose
“Barclays Bank, since the closure of their local branch, have been renting space in the library for their Local Hub. This rental is a substantial part of our income and given recent trends in banking is not guaranteed going forward.”
“The trustees are alive to this issue and have started looking at different revenue streams to try and mitigate any potential loss should this agreement end.”
Trustees
- ALLAN EDWARD SHORT BSC MSCchair
- ALISON RICHARDSON
- ANNE MESSERE
- Andrew Summerson
- Angela Todd
- DAVID JOHNSON
- DENISE LORNA BENNETT
- Laura Catherine Bennett
- Margaret Caroline Craddock
- PATRICIA JANE CAMPION
- PETER THOMAS CRAIG
- Valentine Dunn
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £41k | £25k |
| 31/03/2025 | £62k | £50k |
| 31/03/2024 | £23k | £29k |
| 31/03/2023 | £31k | £14k |
| 31/03/2022 | £31k | £14k |
Common questions
Is WHICKHAM VOLUNTEER LIBRARY ASSOCIATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity showed a surplus of £12,365.59 for the year ended 31st March 2025, driven by one-off income streams including a VAT refund and a Barclays bank clawback. However, running costs were higher than expected due to backdated cleaning fees, and the trustees note that rental income from Barclays Bank is not guaranteed going forward, prompting a search for alternative revenue streams.