THE LACE GUILD CIO
The Lace Guild CIO educates the public in the craft of lacemaking, its history and use, and through education encourages design, development and professional presentation of lace.
Objects
1. TO EDUCATE THE PUBLIC IN THE CRAFT OF LACEMAKING, ITS HISTORY AND ITS USE. 2. TO PROMOTE A HIGH STANDARD OF LACEMAKING. 3. THROUGH EDUCATION, TO ENCOURAGE DESIGN, DEVELOPMENT AND PROFESSIONAL PRESENTATION OF LACE.
Financial health, per its FY2024 accounts
The accounts state that the charity generated a net profit of £42,751 for the year ended 31 December 2024, with total income of £205,931 against total expenditure of £163,180. The trustees confirm that unrestricted resources are sufficient to meet outgoings for the foreseeable future, and there are no funds materially in deficit.
What the accounts disclose
“The trustees aim to maintain free reserves in unrestricted funds at a level which equates to approximately six months of unrestricted charitable expenditure.” — page 7
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal risk management policy and procedures
- Safeguarding policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Property (HM Land Registry)
Register events
- Received assets from another charity (24/07/2023)
Trustees
- Alison Jane Hopper-Bishop
- Amanda Jane Binns
- Jetem Bryan Obaji
- Lisa Jane Samantha Foulon
- Margaret Patricia Templey
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £400k | £164k |
| 31/12/2024 | £206k | £163k |
| 31/12/2023 | £324k | £165k |
| 31/12/2022 | £219k | £142k |
Common questions
Is THE LACE GUILD CIO financially healthy?
Per its FY2024 accounts: The accounts state that the charity generated a net profit of £42,751 for the year ended 31 December 2024, with total income of £205,931 against total expenditure of £163,180. The trustees confirm that unrestricted resources are sufficient to meet outgoings for the foreseeable future, and there are no funds materially in deficit. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 21/07/2004 | £50k | "Layers of Lace - Providing Access To The Lace Guild Collection" |
| The National Lottery Heritage Fund | 20/02/2003 | £850 | "A Project To Hold An Exhibition To Raise Awareness Of The Heritage Craft Of Lace Making To Students And The General Public Of The West Midla" |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE OAKDALE TRUST | 1 | £2k |
| The Ashley Family Foundation | 1 | £0 |
Charities like this
- THE EMBROIDERERS' GUILD
- THE ASSOCIATION OF GUILDS OF WEAVERS, SPINNERS AND DYERS
- THE BEADWORKERS GUILD
- THE MAKERS GUILD IN WALES
- THE QUILTERS' GUILD OF THE BRITISH ISLES
- THE GUILD OF ST GEORGE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE LACE GUILD CIO | £400k | — | 0 | unclear | — | no doubt |
| THE EMBROIDERERS' GUILD | £167k | — | 0 | unclear | — | noted |
| THE ASSOCIATION OF GUILDS OF WEAVERS, SPINNERS AND DYERS | £315k | — | 0 | above | — | no doubt |
| THE BEADWORKERS GUILD | £108k | — | 0 | unclear | — | no doubt |
| THE MAKERS GUILD IN WALES | £229k | — | 0 | unclear | — | no doubt |
| THE QUILTERS' GUILD OF THE BRITISH ISLES | £679k | — | 0 | below | — | no doubt |