FURNITURE MAKERS COMPANY LIMITED
The Charitable company seeks to provide a facility to support the activities of The Worshipful Company of Furniture Makers' Charitable Fund and which will assist it in achieving it's stated objectives.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £22,667 for the year, resulting in a reduction of its general fund reserves to £523,635. The entity holds significant net fixed assets in its freehold property but faces net current liabilities of £1,718,071, primarily due to a mortgage loan due for repayment in March 2026. The trustees consider the going concern basis appropriate based on expected support from the parent charity, although the charity is dependent on this continued financial support to meet its liabilities.
What the accounts disclose
“Rental income and hall hire 158,236”
“The balance of the general fund, which at 30 April 2025 stood at £523,635, is retained as a reserve to meet future debt servicing costs and overheads.” — page 5
“The charity is dependent on the continued financial support of its parent to meet its liabilities as they fall due. The parent charity has indicated its intention, without providing a binding commitment, to continue to provide financial support for a period of at least 12 months from the date of approval of these financial statements.”
Property (HM Land Registry)
Trustees
- hayden davieschair
- Amanda Jane Waring
- PETER DOUGLAS HEAD
- Peter Kelsey
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2025 | £294k | £317k |
| 30/04/2024 | £298k | £299k |
| 30/04/2023 | £330k | £328k |
| 30/04/2022 | £329k | £325k |
| 30/04/2021 | £168k | £294k |
Common questions
Is FURNITURE MAKERS COMPANY LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £22,667 for the year, resulting in a reduction of its general fund reserves to £523,635. The entity holds significant net fixed assets in its freehold property but faces net current liabilities of £1,718,071, primarily due to a mortgage loan due for repayment in March 2026. The trustees consider the going concern basis appropriate based on expected support from the parent charity, although the charity is dependent on this continued financial support to meet its liabilities. Its FY2025 accounts were audited by Hillier Hopkins LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE STEVE MORGAN FOUNDATION | 1 | £93k |
| BOLTON COMMUNITY AND VOLUNTARY SERVICES | 1 | £17k |
| TWO RIDINGS COMMUNITY FOUNDATION | 1 | £15k |
| YORK CHILDREN'S TRUST | 1 | £10k |
| THE MOULDING FOUNDATION | 1 | £5k |
| THE DULVERTON TRUST | 1 | £5k |
| The Patricia Routledge Foundation | 1 | £5k |
| THE DWF FOUNDATION | 1 | £3k |
Charities like this
- COMMUNITY FURNITURE STORE (YORK) LTD
- FURNITURE RESOURCE CENTRE LIMITED
- FURNITURE HISTORY SOCIETY
- THE CARPENTERS COMPANY CHARITABLE TRUST
- COMMUNITY FURNITURE STORE (SELBY) LIMITED
- WORSHIPFUL COMPANY OF NEEDLEMAKERS CHARITABLE FUND
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| FURNITURE MAKERS COMPANY LIMITED | £294k | — | 0 | unclear | — | noted |
| COMMUNITY FURNITURE STORE (YORK) LTD | £687k | — | 0 | below | — | no doubt |
| FURNITURE RESOURCE CENTRE LIMITED | £21.7m | — | — | unclear | — | no doubt |
| FURNITURE HISTORY SOCIETY | £240k | — | 0 | unclear | — | no doubt |
| THE CARPENTERS COMPANY CHARITABLE TRUST | £2.0m | — | 0 | within | — | no doubt |
| COMMUNITY FURNITURE STORE (SELBY) LIMITED | £279k | — | 0 | below | — | no doubt |