THE WEAVERS' COMPANY BENEVOLENT FUND
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
Objects
FOR SUCH EXCLUSIVELY CHARITABLE OBJECTS WITHIN THE UNITED KINGDOM AS THE WEAVERS COMPANY MAY IN ITS ABSOLUTE DISCRETION FROM TIME TO TIME DETERMINE.
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.
What the accounts disclose
“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).”
“The Trustee believes that the current level of reserves is broadly in line with this strategy.”
Policies the charity declares
- Complaints handling
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding vulnerable beneficiaries
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/12/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/12/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/12/2023
- Grant-making is its main activity
Structured financials (annual return, FY ending 31/12/2025)
Register events
- Received assets from another charity (19/04/2023)
- Received assets from another charity (28/02/2014)
- Received assets from another charity (28/02/2014)
- Received assets from another charity (28/02/2014)
- Received assets from another charity (28/02/2014)
- Received assets from another charity (28/02/2014)
Trustees
- BAILIFFS WARDENS AND ASSISTANTS OF THE WORSHIPFUL COMPANY OF WEAVERS
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.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| The Goldsmiths' Foundation | 1 | £65k |
| THE BEAVERBROOKS CHARITABLE TRUST | 1 | £28k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WALCOT, BATH | 1 | £504 |
Charities like this
- THE HON E W C WELD-FORESTER WILL TRUST
- THE WORSHIPFUL COMPANY OF LAUNDERERS BENEVOLENT TRUST FUND
- THE WAREHOUSE TRUST
- THE WORSHIPFUL COMPANY OF BUILDERS' MERCHANTS CHARITABLE FUND
- CHARITIES ADMINISTERED BY THE WORSHIPFUL COMPANY OF FOUNDERS
- WEAVERS, FULLERS AND SHEARMEN CHARITIES LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE WEAVERS' COMPANY BENEVOLENT FUND | £703k | — | 0 | below | — | no doubt |
| THE HON E W C WELD-FORESTER WILL TRUST | £50k | — | 0 | unclear | — | no doubt |
| THE WORSHIPFUL COMPANY OF LAUNDERERS BENEVOLENT TRUST FUND | £36k | — | 0 | above | — | no doubt |
| THE WAREHOUSE TRUST | £95k | — | 0 | unclear | — | no doubt |
| THE WORSHIPFUL COMPANY OF BUILDERS' MERCHANTS CHARITABLE FUND | £89k | — | 0 | unclear | — | no doubt |
| CHARITIES ADMINISTERED BY THE WORSHIPFUL COMPANY OF FOUNDERS | £99k | — | 0 | within | — | no doubt |