THE WEAVERS' COMPANY BENEVOLENT FUND

Registered charity 266189 · accounts filings on the Charity Commission register

Currently supports projects working with young people at risk of offending or with the rehabilitation of those who have offended, supports the woven textile industry through grants and scholarships and assists three local primary schools in Inner London

Causes: General Charitable Purposes · Grant history (this charity is a funder) · website · Get email alerts

Latest income

£703k

Latest spending

£637k

Registered

1973

Accounts read

FY2023

Financial health, per its FY2023 accounts

The accounts state that total reserves stood at £14,911,894, with £14.9m readily expendable at the Trustee’s discretion. The Trustee believes the current level of reserves is broadly in line with the long-term strategy to maintain sufficient investment returns to meet obligations to beneficiaries. The charity reported a net expenditure of £588,031 for the year, largely offset by investment gains of £535,942.

Automated summary of the FY2023 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: none

“The charity is a public benefit entity for the purposes of FRS102 and therefore the charity has also prepared its financial statements in accordance with the Statement of Recommended Practice applicable to charities in preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (the FRS 102 Charities SORP).”

Per its FY2023 accounts as filed with the Charity Commission.

Reserves position: below the charity's own stated reserves policy (held: £14.9m; policy: maintain reserves represented by assets deployed to provide a sufficient investment return to enable the charity to meet its obligations to existing and new beneficiaries on a continuing basis)

“The Trustee believes that the current level of reserves is broadly in line with this strategy.”

Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Haysmacintyre LLP. Discloses 5 of 6 completeness components.

Public profiles (found on the charity’s own website): instagram

Structured financials (annual return, FY ending 31/12/2025)

Total income

£703k

Total spending

£637k

Cost of raising funds

£56k

Reserves (reported)

£18.1m

Employees

Per its annual return, cost of raising funds: 7.9% of total income — above the median for charities its size (4.9%) (benchmarks).

Register events

Received assets from another charity (19/04/2023) — per the register’s event history; asset transfers typically record mergers or reorganisations.
Received assets from another charity (28/02/2014) — per the register’s event history; asset transfers typically record mergers or reorganisations.
Received assets from another charity (28/02/2014) — per the register’s event history; asset transfers typically record mergers or reorganisations.
Received assets from another charity (28/02/2014) — per the register’s event history; asset transfers typically record mergers or reorganisations.
Received assets from another charity (28/02/2014) — per the register’s event history; asset transfers typically record mergers or reorganisations.
Received assets from another charity (28/02/2014) — per the register’s event history; asset transfers typically record mergers or reorganisations.

Trustees · trustee networks

BAILIFFS WARDENS AND ASSISTANTS OF THE WORSHIPFUL COMPANY OF WEAVERS

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year end	Income	Spending
31/12/2025	£703k	£637k
31/12/2024	£697k	£702k
31/12/2023	£644k	£1.8m
31/12/2022	£653k	£637k
31/12/2021	£664k	£570k

Common questions

Is THE WEAVERS' COMPANY BENEVOLENT FUND financially healthy?

Per its FY2023 accounts: The accounts state that total reserves stood at £14,911,894, with £14.9m readily expendable at the Trustee’s discretion. The Trustee believes the current level of reserves is broadly in line with the long-term strategy to maintain sufficient investment returns to meet obligations to beneficiaries. The charity reported a net expenditure of £588,031 for the year, largely offset by investment gains of £535,942. Its FY2023 accounts were audited by Haysmacintyre LLP.