THE WOOLMEN'S COMPANY CHARITABLE INCORPORATED ORGANISATION
The objects of the Charity are to further such charitable purposes (charitable under English law) as the charity trustees see fit from time to time.
Financial health, per its FY2025 accounts
The accounts state that the charity reported an operating deficit of £20,591 and an overall net loss of £38,469 for the year ended 31 March 2025, primarily due to increased charitable grants and investment losses. Per the trustees' report, unrestricted reserves decreased to £755,873, but the trustees consider this level sufficient to cover future liabilities and governance costs. The independent examiner confirmed that no material matters came to attention during the examination of the accounts.
What the accounts disclose
“Fundraising (Sheep Drive and Livery Fair) 87,996” — page 8
“The Trustees have considered the reserves required, taking into account, their current and future liabilities, and consider that the current level of reserves is sufficient to respond to applications for grants and to ensure that support and governance costs are covered.” — page 4
“During the year £3,625 ( 2024 £3,640 ) was paid by the Charity to the Company for guests attendance at Livery functions. The following amounts were reimbursed to the Company : £15,600 (2024 £15,600 ) for a service charge. £3,470 ( 2024 £4,141) for investment management charges. The total outstanding at the year end was £2,977 (2024 £3,457 ) Page 15” — page 16
Register events
- Received assets from another charity (16/12/2021)
Trustees
- Sir David Hugh Woottonchair
- David Arthur Hopkins
- Emmanuel Isaac Hayeem Cohen
- Jonathan Soar
- Judith Donovan CBE
- Kevin Arthur Barwick
- Sebastian Bassett-James
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £148k | £170k |
| 31/03/2024 | £147k | £286k |
| 31/03/2023 | £178k | £156k |
| 31/03/2022 | £169k | £133k |
| 31/03/2021 | £0 | £0 |
Common questions
Is THE WOOLMEN'S COMPANY CHARITABLE INCORPORATED ORGANISATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported an operating deficit of £20,591 and an overall net loss of £38,469 for the year ended 31 March 2025, primarily due to increased charitable grants and investment losses. Per the trustees' report, unrestricted reserves decreased to £755,873, but the trustees consider this level sufficient to cover future liabilities and governance costs. The independent examiner confirmed that no material matters came to attention during the examination of the accounts. Its FY2025 accounts were independently examined.