THE QUILT ASSOCIATION
Presentation and promotion of quilting, patchwork and textile art exhibitions, seminars and workshops available to the general public at The Minerva Arts Centre, Llanidloes (the home of the association). The conservation and study of antique and modern quilts in the Association Collection, particularly Welsh heritage pieces. Provision of exhibition and meeting space and facilities for community or
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure deficit of £1,803 for the year ended 30 November 2024, resulting in a decrease in total net assets from £136,569 to £134,766. The charity holds unrestricted reserves of £134,766, which are held entirely as unrestricted funds. The filing notes that the company is entitled to exemption from audit under the small companies regime.
What the accounts disclose
Property (HM Land Registry)
Trustees
- CAROL ANN RYLES
- Caroline Malone
- Christine Ann Shercliff
- Sheila Alison Davis
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/11/2024 | £27k | £29k |
| 30/11/2023 | £21k | £21k |
| 30/11/2022 | £22k | £23k |
| 30/11/2021 | £14k | £25k |
| 30/11/2020 | £35k | £25k |
Common questions
Is THE QUILT ASSOCIATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure deficit of £1,803 for the year ended 30 November 2024, resulting in a decrease in total net assets from £136,569 to £134,766. The charity holds unrestricted reserves of £134,766, which are held entirely as unrestricted funds. The filing notes that the company is entitled to exemption from audit under the small companies regime.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 13/05/2025 | £91k | "Future Proofing for the Quilt Association" |
| The National Lottery Community Fund | 19/01/2009 | £5k | Quilt Detectives |
| The National Lottery Heritage Fund | 19/12/2007 | £5k | "The project is to restore and conserve Welsh heritage quilts. The money is for workshop tutor costs, equipment, materials and storage boxes" |