After a brief campaign to persuade the Council to keep it open, a campaign group which subsequently became a registered charity, the Friends of the Livesey Museum for Children, were proposing to form a trust, to raise funds and to run it for the community.
Southwark needed the approval of the Charity Commission to change the trust deed to allow its use as a theatre rehearsal space rather than a public library.
A scheme was proposed in 2009, but subsequently failed to raise sufficient funds to be implemented.
[2] Since then, the building has become part of an authorised "guardian scheme", whereby temporary residents provide security.
[1] In November 2012, Southwark Council approved Treasure House (London) CIC as preferred partners in the running of the Livesey Building.