THE OLD NEEDLE WORKS FOUNDATION
The Old Needle Works is a Community Learning and Support Hub providing skills courses and groups to help local people with their wellbeing and mental health. We make lasting positive changes to improve life quality and chances. Courses including Maths, English, IT and creative, physical and crafting courses. Our premises is shared and acts as an incubator for other charities and social enterprise.
Objects
1. TO FURTHER OR BENEFIT THE RESIDENTS OF REDDITCH AND THE NEIGHBOURHOOD, WITHOUT DISTINCTION OF SEX, SEXUAL ORIENTATION, RACE OR OF POLITICAL, RELIGIOUS OR OTHER OPINIONS BY ASSOCIATING TOGETHER THE SAID RESIDENTS AND THE LOCAL AUTHORITIES, VOLUNTARY AND OTHER ORGANISATIONS IN A COMMON EFFORT TO ADVANCE EDUCATION AND TO PROVIDE FACILITIES IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATION AND LEISURE TIME OCCUPATION WITH THE OBJECTIVE OF IMPROVING THE CONDITIONS OF LIFE FOR THE RESIDENTS.IN FURTHERANCE OF THESE OBJECTS BUT NOT OTHERWISE, THE TRUSTEES SHALL HAVE POWER:TO ESTABLISH OR SECURE THE ESTABLISHMENT OF A COMMUNITY CENTRE AND TO MAINTAIN OR MANAGE OR CO-OPERATE WITH ANY STATUTORY AUTHORITY IN THE MAINTENANCE AND MANAGEMENT OF SUCH A CENTRE FOR ACTIVITIES PROMOTED BY THE CHARITY IN FURTHERANCE OF THE ABOVE OBJECTS.2. TO ADVANCE EDUCATION FOR THE PUBLIC BENEFIT IN REDDITCH AND THE SURROUNDING AREA BY PROVIDING COURSES OF STUDY AND VOCATIONAL TRAINING3. THE PROMOTION AND PROTECTION OF GOOD MENTAL HEALTH FOR THE PUBLIC BENEFIT4. TO ADVANCE IN LIFE AND RELIEVE NEEDS OF YOUNG PEOPLE THROUGH:(A) THE PROVISION OF RECREATIONAL AND LEISURE TIME ACTIVITIES PROVIDED IN THE INTEREST OF SOCIAL WELFARE, DESIGNED TO IMPROVE THEIR CONDITIONS OF LIFE;(B) PROVIDING SUPPORT AND ACTIVITIES WHICH DEVELOP THEIR SKILLS, CAPACITIES AND CAPABILITIES TO ENABLE THEM TO PARTICIPATE IN SOCIETY AS MATURE AND RESPONSIBLE INDIVIDUALS
Financial health, per its FY2025 accounts
The accounts state that the charity ended the year with a net surplus of £28,007, increasing total funds to £113,586. The trustees report a strong financial position, noting that robust risk management and increased supplier options ensure sustainability. The charity holds unrestricted reserves of £38,504, which the trustees note is above their reduced policy target of two months' operating costs.
What the accounts disclose
“We have reduced our reserves policy from three to two months operating costs held in cash at bank.” — page 5
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- JOHNATHON WILLIAMSONchair
- Graham Neil Scragg
- Maurice Westwood
- Nancy Deakin
- Peter Salnicki
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £361k | £333k |
| 31/03/2024 | £276k | £295k |
| 31/03/2023 | £231k | £204k |
| 31/03/2022 | £221k | £235k |
| 31/03/2021 | £261k | £188k |
Common questions
Is THE OLD NEEDLE WORKS FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity ended the year with a net surplus of £28,007, increasing total funds to £113,586. The trustees report a strong financial position, noting that robust risk management and increased supplier options ensure sustainability. The charity holds unrestricted reserves of £38,504, which the trustees note is above their reduced policy target of two months' operating costs. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 28/05/2026 | £20k | Volunteer Coordinator |
| The National Lottery Community Fund | 11/07/2024 | £20k | Men's mental health |
| The National Lottery Community Fund | 24/08/2023 | £428k | Family Wellbeing Hub |
| The National Lottery Community Fund | 28/07/2022 | £9k | Wellbeing worker |
| The National Lottery Community Fund | 11/06/2021 | £10k | Community Café |
| UK government | 22/05/2020 | £3k | VSCE CMC Fund |
| The National Lottery Community Fund | 04/07/2019 | £10k | Mindfulness Suite |
| The National Lottery Community Fund | 22/03/2019 | £304k | BENS Wellbeing Coaching |
| The National Lottery Community Fund | 20/07/2018 | £10k | Community space |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE EDWARD GOSTLING FOUNDATION | 1 | £260k |
| Point North Community Foundation | 1 | £247k |
| IMAGINE FOUNDATION | 1 | £95k |
| THE GIRDLERS' COMPANY CHARITABLE TRUST | 1 | £77k |
| THE EARL OF NORTHAMPTON'S CHARITY | 1 | £73k |
| THE HEADLEY TRUST | 1 | £56k |
| LLOYDS BANK FOUNDATION FOR ENGLAND & WALES | 1 | £52k |
| THE HABERDASHERS' FOUNDATION | 1 | £39k |
Charities like this
- WORSHIPFUL COMPANY OF NEEDLEMAKERS CHARITABLE FUND
- THE OLD SCHOOLHOUSE COMMUNITY PROJECT
- OLD WOKING AND DISTRICT COMMUNITY CENTRE
- JENNYRUTH WORKSHOPS LTD
- HANDCRAFTED PROJECTS
- THE ROYAL SCHOOL OF NEEDLEWORK
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE OLD NEEDLE WORKS FOUNDATION | £361k | — | 0 | unclear | — | no doubt |
| WORSHIPFUL COMPANY OF NEEDLEMAKERS CHARITABLE FUND | £262k | — | 0 | unclear | — | no doubt |
| THE OLD SCHOOLHOUSE COMMUNITY PROJECT | £257k | — | 0 | unclear | — | no doubt |
| OLD WOKING AND DISTRICT COMMUNITY CENTRE | £141k | £500 a month | 0 | unclear | — | no doubt |
| JENNYRUTH WORKSHOPS LTD | £561k | — | 0 | unclear | — | no doubt |
| HANDCRAFTED PROJECTS | £2.3m | — | 0 | below | — | no doubt |