THE GILSTRAP CHARITY

Registered charity 528226 · accounts filings on the Charity Commission register · also known as GILSTRAP FREE LIBRARY

The advancement of public knowledge and understanding of features of historical interest in the area of benefit

Objects

(1) THE OBJECT OF THE CHARITY IS THE GENERAL BENEFIT OF THE INHABITANTS OF THE AREA OF BENEFIT IN SUCH CHARITABLE WAYS FOR THE PUBLIC BENEFIT AS THE TRUSTEE THINKS FIT. (2) SUBJECT TO CLAUSE 11, THE PROPERTY IDENTIFIED IN THE FIRST PART OF THE SCHEDULE MUST BE RETAINED BY THE TRUSTEE FOR USE AS AN EDUCATIONAL CENTRE FOR ADVANCING PUBLIC KNOWLEDGE AND UNDERSTANDING OF FEATURES OF HISTORICAL INTEREST IN THE AREA OF BENEFIT.

Area of benefit: THE FORMER BOROUGH OF NEWARK (AS CONSTITUTED IN 1883)

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

Causes: Arts/culture/heritage/science · Get email alerts

Latest income
£46k
Latest spending
£6k
Registered
1964
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity generated a surplus of £39,974.62 for the year ended 31 March 2025, bringing total comprehensive income to that figure. Per the balance sheet, the charity holds unrestricted net assets of £530,808.96, comprising revenue and capital surpluses alongside an endowment fund. The independent examiner reported no matters requiring attention, indicating no identified risks to the charity's financial stability or compliance.

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

What the accounts disclose

Related-party transaction: Newark and Sherwood District Council supported the Trust by meeting expenditure items from its own budget in previous years.
“In previous financial years Newark and Sherwood District Council have supported the Trust by both making a contribution in respect of any deficit and directly meeting expenditure items from its own budget.” — page 2
“On 8 March 2013 the scheme of administration was updated to allow the trustees to lease the Gilstrap building to Nottinghamshire County Council.” — page 2
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Nottinghamshire County Council leases the Gilstrap building from the charity.
“In previous financial years Newark and Sherwood District Council have supported the Trust by both making a contribution in respect of any deficit and directly meeting expenditure items from its own budget.” — page 2
“On 8 March 2013 the scheme of administration was updated to allow the trustees to lease the Gilstrap building to Nottinghamshire County Council.” — page 2
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). 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.

Trustees · trustee networks

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

Operates in: Nottinghamshire

Income and spending

Financial year endIncomeSpending
31/03/2025£46k£6k
31/03/2024£46k£8k
31/03/2023£44k£37k
31/03/2022£44k£12k
31/03/2021£43k£8k

Common questions

Is THE GILSTRAP CHARITY financially healthy?

Per its FY2025 accounts: The accounts state that the charity generated a surplus of £39,974.62 for the year ended 31 March 2025, bringing total comprehensive income to that figure. Per the balance sheet, the charity holds unrestricted net assets of £530,808.96, comprising revenue and capital surpluses alongside an endowment fund. The independent examiner reported no matters requiring attention, indicating no identified risks to the charity's financial stability or compliance. Its FY2025 accounts were independently examined.