THE TEXTILE SOCIETY FOR THE STUDY OF THE HISTORY, ART AND DESIGN OF TEXTILES
education through seminars,lectures,visits,meetings.exchange of information,publications.annual textile fair.financial support through awards and bursaries
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves decreased from £66,228 to £57,947, resulting in a net movement in cash funds of -£9,190 for the year. The trustees' policy is to maintain funds equal to at least one year's normal expenditure, a target which remains met despite the decline. The charity notes that while membership has increased, attendance at events has declined, requiring a balance between costs and time constraints.
What the accounts disclose
“The trustees aim to maintain Funds equal to at least one year's normal expenditure.” — page 10
Trustees
- DR LINDA LOUISE BRASSINGTONchair
- Clare Elizabeth Bungey
- Desiree Isla Jeans
- Dr Frances Ellen Casey
- Dr Joanne Jane Horton FRSA
- Holly Elizabeth Walker
- Jennifer Margaret Shellard
- Lynn Setterington
- PROFESSOR EMERITA LESLEY ANNE MILLAR MBE
- Patricia Mary Antonia Frost
- Roselind Sinclair MBE
- SALLY ELIZABETH LAKER
- Suzanne Lesley Smith
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £53k | £61k |
| 31/03/2024 | £56k | £46k |
| 31/03/2023 | £44k | £40k |
| 31/03/2022 | £50k | £31k |
| 31/03/2021 | £14k | £26k |
Common questions
Is THE TEXTILE SOCIETY FOR THE STUDY OF THE HISTORY, ART AND DESIGN OF TEXTILES financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves decreased from £66,228 to £57,947, resulting in a net movement in cash funds of -£9,190 for the year. The trustees' policy is to maintain funds equal to at least one year's normal expenditure, a target which remains met despite the decline. The charity notes that while membership has increased, attendance at events has declined, requiring a balance between costs and time constraints. Its FY2025 accounts were independently examined.