THE JAMES RECKITT LIBRARY ENDOWMENT

Registered charity 225497 · accounts filings on the Charity Commission register · also known as THE JAMES RECKITT LIBRARY TRUST

For the maintenance of the public library

Objects

1. TO PROVIDE OR ASSIST IN THE PROVISION OF STAFF, PUBLIC SERVICES, EQUIPMENT AND FACILITIES FOR PUBLIC LIBRARIES IN HULL, AND THE REFURBISHMENT OF SUCH LIBRARY BUILDINGS WHEREBY THE SERVICES PROVIDED TO THE PUBLIC IN THOSE LIBRARIES WILL EXCEED THE PUBLIC LIBRARIES STANDARDS AS PRESCRIBED BY CENTRAL GOVERNMENT, AND2. TO PROVIDE OR ASSIST IN THE PROVISION OF ADDITIONAL STAFF, SERVICES AND FACILITIES IN ORDER TO BRING PUBLIC LIBRARY SERVICES TO THOSE LIVING, STUDYING AND WORKING IN HULL, INCLUDING THOSE WHO WOULD OTHERWISE MAKE LITTLE OR NO USE OF THE FACILITIES.

Area of benefit: HULL

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

Causes: Education/training · Get email alerts

Latest income
£506k
Latest spending
£613k
Registered
1964
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity's financial position is strong, with net assets totaling £17,670,309 as of 31 March 2025. The trustees report sufficient reserves to pay debts as they fall due and identify no material uncertainties regarding going concern. However, the charity reported a net expenditure of £114,653 for the year, primarily driven by a loss on investment revaluations.

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

What the accounts disclose

Accounts audited by Sadofskys. Discloses 3 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.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£506k
Total spending
£613k
Cost of raising funds
£81k
Reserves (reported)
£814k
Employees
0

Reported reserves equal ~15.9 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Investments (100% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 16.1% of total income — in the top quarter for charities its size (median 4.9%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Kingston Upon Hull City

Income and spending

Financial year endIncomeSpending
31/03/2025£506k£613k
31/03/2024£471k£371k
31/03/2023£417k£452k
31/03/2022£347k£408k
31/03/2021£320k£361k

Common questions

Is THE JAMES RECKITT LIBRARY ENDOWMENT financially healthy?

Per its FY2025 accounts: The accounts state that the charity's financial position is strong, with net assets totaling £17,670,309 as of 31 March 2025. The trustees report sufficient reserves to pay debts as they fall due and identify no material uncertainties regarding going concern. However, the charity reported a net expenditure of £114,653 for the year, primarily driven by a loss on investment revaluations. Its FY2025 accounts were audited by Sadofskys.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE LONDON READING CENTRE.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE JAMES RECKITT LIBRARY ENDOWMENT£506k—0unclear—no doubt
THE LONDON READING CENTRE FY2025£104k—0unclear—no doubt
RUDOLF STEINER PRESS FY2025£243k——unclear—no doubt
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES', CLITHEROE FY2025£461k£34,2020above—no doubt
THE READING FOUNDATION FY2025£517k—0unclear—no doubt
THE SIR JAMES RECKITT CHARITY FY2024£1.8m—0below—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.