THE FRIENDS OF THE BRITISH LIBRARY
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £20,772 for the year, resulting in unrestricted reserves falling to £3,053. The trustees consider these reserves sufficient as the charity's purpose is to collect legacies and donate them to the British Library Collections Trust. The auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“At 30 June 2025, reserves held were £3,053. The reserves are considered sufficient as the Friends of the British Library exists simply to collect legacies and donations and then use them to make grants to the British Library Collections Trust.” — page 5
Structured financials (annual return, FY ending 30/06/2025)
Trustees
- Dame Marina Sarah Warner
- Dr Christopher John Wright OBE
- Dr Geoffrey Richard West
- Rev NORMAN KEITH STEPHENSON
- Stephanie Kenna Ms.
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £1.6m | £1.7m |
| 30/06/2024 | £78k | £68k |
| 30/06/2023 | £200k | £203k |
| 30/06/2022 | £11k | £3k |
| 30/06/2021 | £10k | £78k |
Common questions
Is THE FRIENDS OF THE BRITISH LIBRARY financially healthy?
The accounts state that the charity reported a net expenditure of £20,772 for the year, resulting in unrestricted reserves falling to £3,053. The trustees consider these reserves sufficient as the charity's purpose is to collect legacies and donate them to the British Library Collections Trust. The auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Affinia.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ACHISOMOCH AID COMPANY LIMITED | 1 | £657k |
| HEICHAL HATORAH FOUNDATION | 1 | £355k |
| NNS FOUNDATION | 1 | £126k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| CHASDEI YITZOK CHARITIES LIMITED | 1 | £74k |
| MW (GK) FOUNDATION | 1 | £39k |
| THE STEVENSON FAMILY'S CHARITABLE TRUST | 1 | £25k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |