THE JAMES RECKITT LIBRARY ENDOWMENT
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.
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.
What the accounts disclose
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- CHLOE JANE FRANKISHchair
- COUNCILLOR HAROLDO HERRERA-RICHMOND
- Councillor Robert James Pritchard
- PROFESSOR GRAHAM CHESTERS
- Patricia Mary Dalby
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THEIRWORLD | 1 | £100k |
| RNH SYNAGOGUE & COLLEGE LTD | 1 | £75k |
| BRIGHOUSE WEST YORKSHIRE AREA QUAKER MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS) IN BRITAIN | 1 | £8k |
| JEWISH CHILD'S DAY | 1 | £5k |
| CHASDEI MOISHE TRUST | 1 | £5k |
| DUCHY OF LANCASTER BENEVOLENT FUND | 1 | £3k |
| SUSANNA PEAKE CHARITABLE TRUST | 1 | £3k |
| THE WOODWARD CHARITABLE TRUST | 1 | £1k |
Charities like this
- THE LONDON READING CENTRE
- RUDOLF STEINER PRESS
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES', CLITHEROE
- THE READING FOUNDATION
- THE SIR JAMES RECKITT CHARITY
- HELP IN NEED TODAY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE JAMES RECKITT LIBRARY ENDOWMENT | £506k | — | 0 | unclear | — | no doubt |
| THE LONDON READING CENTRE | £104k | — | 0 | unclear | — | no doubt |
| RUDOLF STEINER PRESS | £243k | — | — | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES', CLITHEROE | £461k | £34,202 | 0 | above | — | no doubt |
| THE READING FOUNDATION | £517k | — | 0 | unclear | — | no doubt |
| THE SIR JAMES RECKITT CHARITY | £1.8m | — | 0 | below | — | no doubt |