FABRIC FOUNDATION LTD
Our aims are to advance the life and relieve the need of young people who are looked after children, care leavers, care experienced, homeless and asylum seekers through providing; activities, experiences and training, addressing accommodation issues- including the provision of accommodation and support, campaigning for positive change and addressing issues that impact all of these young people.
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a deficit of £4,074, resulting in a negative net asset position of £9,279 at year-end. Per the trustees' report, the charity is exploring the sale of its property to cover outstanding debt, though it remains confident in meeting financial commitments. The organization relies on external loans from NatWest Bank and the Welsh Government to support its operations and property acquisition.
What the accounts disclose
“The Trustees are confident that the charity is able to meet all its financial commitment as they fall due.”
“At the period end FABRIC Foundation owed FABRIC Support Services £32,715 (30 June 2024: £5,769), which includes £25,000 interest free loan provided in the current year to support significant maintenance work on the freehold property.” — page 21
Corporate structure
- Registered company of the charity Companies House 09390907
Company officers (Companies House)
- HARVEY, Michael David on trustee list
- JUNOR-FITZPATRICK, Sarah on trustee list
- HELVON-HARDY, Harri Corel on trustee list
Property (HM Land Registry)
Trustees
- Michael Harveychair
- Harri Helvon-Hardy
- Sarah Junor-Fitzpatrick
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £40k | £44k |
| 30/06/2024 | £59k | £20k |
| 31/01/2023 | £37k | £52k |
| 31/01/2022 | £114k | £101k |
| 31/01/2021 | £43k | £39k |
Common questions
Is FABRIC FOUNDATION LTD financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a deficit of £4,074, resulting in a negative net asset position of £9,279 at year-end. Per the trustees' report, the charity is exploring the sale of its property to cover outstanding debt, though it remains confident in meeting financial commitments. The organization relies on external loans from NatWest Bank and the Welsh Government to support its operations and property acquisition. Its FY2025 accounts were independently examined.
Who funds FABRIC FOUNDATION LTD?
Funders whose own accounts filings name FABRIC FOUNDATION LTD as a grant recipient include THE GIBBS CHARITABLE TRUSTS, THE AUSTIN BAILEY FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE GIBBS CHARITABLE TRUSTS | FY2024 | £1k | Social, educational and environmental need |
| THE AUSTIN BAILEY FOUNDATION | FY2023 | £1k | One-off Grant |
| THE AUSTIN BAILEY FOUNDATION | FY2022 | £1k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 21/01/2025 | £20k | Care Experienced Foodbank Delivery |
| The National Lottery Community Fund | 07/07/2023 | £10k | Fabric Foundation - Community Food Bank |
| The National Lottery Community Fund | 19/04/2021 | £10k | COVID-19 - Fitness Fun |