FRIENDS OF LAMBETH PALACE LIBRARY

Registered charity 313023 · accounts filings on the Charity Commission register

Promotes the interests of Lambeth Palace Library by helping in the acquisition of books and manuscripts and in any other suitable way.

Causes: Education/training · Religious Activities · Arts/culture/heritage/science · Environment/conservation/heritage · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£131k
Latest spending
£52k
Registered
1962
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that net assets increased to £1,564,115, comprising an Endowment Fund of £913,357 and an expendable Operating Fund of £650,758. Per the trustees' report, the charity recorded a surplus before investment gains of £79,543 and maintains a healthy cash position of £243,935. The trustees consider there are no material uncertainties regarding the charity's ability to continue as a going concern.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Donations and legacies (54% of income)
“Donations and legacies in 2024 were £71,436 an increase of £14,807 on the £56,629 received in 2023.”
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: Capital is retained as free reserves, represented by investments, in order to give rise to a reasonably predictable and regular level of income which the Trustees regard as necessary to maintain and support the Charity’s operations. (held: £651k)
“The Trustees have a balanced investment policy. Capital is retained as free reserves, represented by investments, in order to give rise to a reasonably predictable and regular level of income which the Trustees regard as necessary to maintain and support the Charity’s operations.” — page 29
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public profiles (found on the charity’s own website): instagram

Trustees · trustee networks

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

Operates in: Lambeth

Income and spending

Financial year endIncomeSpending
31/12/2024£131k£52k
31/12/2023£114k£46k
31/12/2022£90k£137k
31/12/2021£87k£44k
31/12/2020£56k£37k

Common questions

Is FRIENDS OF LAMBETH PALACE LIBRARY financially healthy?

Per its FY2024 accounts: The accounts state that net assets increased to £1,564,115, comprising an Endowment Fund of £913,357 and an expendable Operating Fund of £650,758. Per the trustees' report, the charity recorded a surplus before investment gains of £79,543 and maintains a healthy cash position of £243,935. The trustees consider there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.

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 Friends of the Nations' Libraries.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
FRIENDS OF LAMBETH PALACE LIBRARY£131k—0above—no doubt
Friends of the Nations' Libraries FY2025£458k—0unclear—no doubt
THE FRIENDS OF EXETER CATHEDRAL FY2025£392k—0above—no doubt
THE FRIENDS OF THE CITY CHURCHES FY2025£121k—0unclear—no doubt
THE FRIENDS OF THE BRITISH LIBRARY FY2025£1.6m—0unclear—no doubt
SOCIETY OF FRIENDS OF WESTMINSTER CATHEDRAL FY2024£202k—0above—no doubt

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