HARLECH LIBRARY AND INSTITUTE
Management of The old Library and Institute in Harlech and the promotion of activities that facilitate the use of the building for the benefit of the community
Financial health, per its FY2024 accounts
The accounts state that the charity generated a surplus of £4,852 for the year, with total income of £30,060 against expenditure of £20,750. Per the trustees' report, the charity holds reserves of £16,794, which is maintained at a relatively high level to address the estimated £90,000 cost of required repairs and refurbishment. The trustees confirm there are no material risks to the charity at the present time.
What the accounts disclose
“A relatively high reserves account is kept in view of the age and condition of the building.” — page 3
Trustees
- HARLECH COMMUNITY COUNCIL
- Reginald Charles Chapman
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £30k | £21k |
| 31/12/2023 | £12k | £8k |
| 31/12/2022 | £22k | £23k |
| 31/12/2021 | £34k | £43k |
| 31/12/2020 | £19k | £11k |
Common questions
Is HARLECH LIBRARY AND INSTITUTE financially healthy?
Per its FY2024 accounts: The accounts state that the charity generated a surplus of £4,852 for the year, with total income of £30,060 against expenditure of £20,750. Per the trustees' report, the charity holds reserves of £16,794, which is maintained at a relatively high level to address the estimated £90,000 cost of required repairs and refurbishment. The trustees confirm there are no material risks to the charity at the present time. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 07/03/2024 | £7k | "Archif Gymunedol Harlech Community Archive" |