THE FASHION & TEXTILE CHILDREN'S TRUST
Financial health, per its FY2023 accounts
The accounts state that total income increased by 14% to £359,123, driven by a doubling of donations and fundraising income, while total expenditure rose by 16% to £812,146. Consequently, the charity reported a net decrease in funds of £399,204, reducing its total unrestricted and endowment reserves from £7,656,674 to £7,257,470. The trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“The Trustees' policy is to distribute the income from investments and other sources to meet charitable demands, whilst optimising running costs and protecting the capital base to ensure that the Trust is in a position to meet all future charitable needs.” — page 10
Trustees
- Alia Gerar
- Andrew Woodward
- Ann Campbell
- Anne SECUNDA
- DAVID SHEPHERD
- Justin Hampshire
- MIKE TROTMAN
- Phil Cooke
- Robert Bready
- Ryan Becker
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £402k | £827k |
| 30/06/2024 | £427k | £848k |
| 30/06/2023 | £359k | £812k |
| 30/06/2022 | £315k | £699k |
| 30/06/2021 | £346k | £823k |
Common questions
Is THE FASHION & TEXTILE CHILDREN'S TRUST financially healthy?
The accounts state that total income increased by 14% to £359,123, driven by a doubling of donations and fundraising income, while total expenditure rose by 16% to £812,146. Consequently, the charity reported a net decrease in funds of £399,204, reducing its total unrestricted and endowment reserves from £7,656,674 to £7,257,470. The trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2023 accounts were audited by Saffery LLP.
Who funds THE FASHION & TEXTILE CHILDREN'S TRUST?
Funders whose own accounts filings name THE FASHION & TEXTILE CHILDREN'S TRUST as a grant recipient include THE DYERS' COMPANY CHARITABLE TRUST.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE DYERS' COMPANY CHARITABLE TRUST | FY2024 | £5k |
| THE DYERS' COMPANY CHARITABLE TRUST | FY2024 | £5k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| UNSEEN (UK) | 1 | £173k |
| JOFFE CHARITABLE TRUST CIO | 1 | £35k |
| SUICIDE & CO | 1 | £22k |
| THE DASHLIGHT FOUNDATION | 1 | £15k |
| REDR UK | 1 | £11k |