THE MORRAB LIBRARY
Independent subscription lending library holding over 40,000 volumes. Historic book collection. Archival material and photographic archive, literary courses, lectures. Accessible to the general public for research purposes and day visits, including links with schools and universities.
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net deficit of £46,758 for the year ended 31 December 2025, resulting in total funds decreasing slightly from £806,807 to £804,355. Per the trustees' report, the charity holds unrestricted general funds of £174,483 and designated funds of £404,338, which exceeds the stated minimum undesignated reserves policy target of £60,000.
What the accounts disclose
“Funding from The Myner Trust continued to be the largest single source of regular income, at £48,000.”
“The minimum level of undesignated reserves to sustain the operations of the charity in the forthcoming years and to meet any unforeseen expenditure that may occur should be £60k” — page 7
Property (HM Land Registry)
Register events
- Received assets from another charity (16/05/2024)
Trustees
- Stephen John Oliverchair
- Albert John Herrtage
- Christina Carson
- Doreen Pinfold
- Henry Spry-Leverton
- Ian John Summers
- Katherine Driver
- Paul Inman
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £144k | £191k |
| 31/12/2024 | £155k | £182k |
Common questions
Is THE MORRAB LIBRARY financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a net deficit of £46,758 for the year ended 31 December 2025, resulting in total funds decreasing slightly from £806,807 to £804,355. Per the trustees' report, the charity holds unrestricted general funds of £174,483 and designated funds of £404,338, which exceeds the stated minimum undesignated reserves policy target of £60,000. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 15/03/2002 | £45k | "Morrab Library - Archive & Rare Books Room" |