CRAFTWORKS COMMUNITY LIMITED
Financial health, per its FY2025 accounts
The accounts state that total funds increased to £404,139, with unrestricted reserves standing at £3,652. The trustees note that the appropriate level of reserves should be approximately £300,000, indicating that current unrestricted reserves are significantly below the stated policy target. The charity reports adequate resources for going concern with no material uncertainties identified by the auditors.
What the accounts disclose
“The Trustees have determined that the appropriate level of reserves should be approximately £300,000 whereas the actual un ring-fenced reserves were £3,652.”
“During the year the company made sales to Brogdale CIC of £Nil (2024: £3,048) and made payments to them of £172,477 (2024: £131,527). At the year end the net amount owing by Brogdale CIC was £Nil (2024: £NIL).” — page 35
“During the year the company also made sales to Vibe Community Limited of £3,763 (2024: £8,014) and made payments to them of £13,170 (2024: £1,956). At the year end the net amount owing by Vibe Community Limited was £Nil (2024: £Nil).” — page 35
“During the year the company made sales to Brogdale CIC of £Nil (2024: £3,048) and made payments to them of £172,477 (2024: £131,527). At the year end the net amount owing by Brogdale CIC was £Nil (2024: £NIL).” — page 35
“During the year the company also made sales to Vibe Community Limited of £3,763 (2024: £8,014) and made payments to them of £13,170 (2024: £1,956). At the year end the net amount owing by Vibe Community Limited was £Nil (2024: £Nil).” — page 35
“During the year the company made sales to Brogdale CIC of £Nil (2024: £3,048) and made payments to them of £172,477 (2024: £131,527). At the year end the net amount owing by Brogdale CIC was £Nil (2024: £NIL).” — page 35
“During the year the company also made sales to Vibe Community Limited of £3,763 (2024: £8,014) and made payments to them of £13,170 (2024: £1,956). At the year end the net amount owing by Vibe Community Limited was £Nil (2024: £Nil).” — page 35
“During the year the company made sales to Brogdale CIC of £Nil (2024: £3,048) and made payments to them of £172,477 (2024: £131,527). At the year end the net amount owing by Brogdale CIC was £Nil (2024: £NIL).” — page 35
“During the year the company also made sales to Vibe Community Limited of £3,763 (2024: £8,014) and made payments to them of £13,170 (2024: £1,956). At the year end the net amount owing by Vibe Community Limited was £Nil (2024: £Nil).” — page 35
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- JOHN LEWIS
- Jeremy Davis-Marks
- Lucy McLeod
- SIMON BOUNDS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £2.0m | £2.0m |
| 31/07/2024 | £1.7m | £1.5m |
| 31/07/2023 | £1.3m | £1.2m |
Common questions
Is CRAFTWORKS COMMUNITY LIMITED financially healthy?
The accounts state that total funds increased to £404,139, with unrestricted reserves standing at £3,652. The trustees note that the appropriate level of reserves should be approximately £300,000, indicating that current unrestricted reserves are significantly below the stated policy target. The charity reports adequate resources for going concern with no material uncertainties identified by the auditors. Its FY2025 accounts were audited by McCabe Ford Williams.