THE TEXTILE INSTITUTE
TO ADVANCE THE GENERAL INTERESTS OF THE TEXTILE INDUSTRIES WORLDWIDE, MORE PARTICULARLY IN RELATION TO THE ACQUISITION AND APPLICATION THERETO OF KNOWLEDGE.
Financial health, per its FY2024 accounts
The accounts state that the charity ended the year with a substantial surplus and healthy cash flow, closing with net assets of £224,241. The trustees report that the Institute met its reserve target and remains in a stable financial position, having navigated staffing challenges and broader economic pressures. The audit confirms that the financial statements give a true and fair view and that there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Publications remained the largest contributor, accounting for nearly half of total income.”
“The Institute has set an initial reserves target of GBP £60,000.” — page 10
Property (HM Land Registry)
Trustees
- Prof Jess Powerchair
- Abid Iqbal Ganaie
- Anastasia Vouyouka
- Charles Wood
- Dr Anne Elizabeth Creigh-Tyte
- Dr Hafsa Jasmshaid
- Dr Holly Morris
- Dr Joanne Conlon
- Dr Joe Cunning
- Dr Sailen Kumar Chaudhuri SK
- Dr Saniyat Islam
- Dr Vishaka Karnad
- Dr Yuk Ming Calvin Lam
- ELIZABETH FOX
- Helen Boden Colebourn
- Helen Rowe
- Jane Wood
- Jason Kent
- Katie Greenyer
- Muhammad Nusrat Ali Chishti
- Navdeep Singh Sodhi
- Nicole Morarescu
- Philippa Watkins
- Prof Dr Kimti Gandhi
- Prof Eng Dr Ayub Nabi Khan
- Prof Malgorzata Ziminiewska
- Prof Pammi Sinha
- Prof Raechel Margaret Laing
- Prof Rohana Upendra Kuruppu
- Prof Subbiyan Rajendran
- Prof Subhash Chander Anand
- Prof Vinod Shanbhag
- Sunil Kumar Puri
- Timir Baran Roy
- Trevor Rowe
- Vadiraj Tilgul
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £301k | £279k |
| 31/12/2023 | £304k | £330k |
| 31/12/2022 | £332k | £311k |
| 31/12/2021 | £240k | £269k |
| 31/12/2020 | £276k | £269k |
Common questions
Is THE TEXTILE INSTITUTE financially healthy?
Per its FY2024 accounts: The accounts state that the charity ended the year with a substantial surplus and healthy cash flow, closing with net assets of £224,241. The trustees report that the Institute met its reserve target and remains in a stable financial position, having navigated staffing challenges and broader economic pressures. The audit confirms that the financial statements give a true and fair view and that there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Slade & Cooper Limited.
Who funds THE TEXTILE INSTITUTE?
Funders whose own accounts filings name THE TEXTILE INSTITUTE as a grant recipient include LORD BARNBY'S FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| LORD BARNBY'S FOUNDATION | FY2024 | £10k | |
| LORD BARNBY'S FOUNDATION | FY2023 | £5k | |
| LORD BARNBY'S FOUNDATION | FY2022 | £5k | |
| LORD BARNBY'S FOUNDATION | FY2025 | £800 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE COTTON INDUSTRY WAR MEMORIAL TRUST | 1 | £680k |
| DRAPERS CHARITABLE FUND | 1 | £46k |
| THE DULVERTON TRUST | 1 | £35k |
| THE HEADLEY TRUST | 1 | £24k |
| THE PILGRIM TRUST | 1 | £20k |
| DR RADCLIFFE'S TRUST | 1 | £12k |
| THE SOUTH SQUARE TRUST | 1 | £10k |
| THE GOLSONCOTT FOUNDATION | 1 | £2k |
Charities like this
- THE TC FOUNDATION
- THE CHARTERED INSTITUTE OF EXPORT & INTERNATIONAL TRADE
- THE COTTON INDUSTRY WAR MEMORIAL TRUST
- SOUTHAMPTON ENGINEERING TRAINING ASSOCIATION LTD
- FABRIC Charitable Incorporated Organisation
- INTERNATIONAL SCHOOLS OF BUSINESS MANAGEMENT LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE TEXTILE INSTITUTE | £301k | — | 0 | above | — | no doubt |
| THE TC FOUNDATION | £227k | — | 0 | above | — | no doubt |
| THE CHARTERED INSTITUTE OF EXPORT & INTERNATIONAL TRADE | £16.1m | £240,001 - £250,000 | — | above | — | no doubt |
| THE COTTON INDUSTRY WAR MEMORIAL TRUST | £440k | — | 0 | unclear | — | no doubt |
| SOUTHAMPTON ENGINEERING TRAINING ASSOCIATION LTD | £3.1m | — | — | below | — | no doubt |
| FABRIC Charitable Incorporated Organisation | £3.1m | more than £60,000 | 1 | unclear | — | no doubt |