WORSHIPFUL COMPANY OF NEEDLEMAKERS CHARITABLE FUND

Registered charity 288646 · accounts filings on the Charity Commission register

SUPPORT OF LONDON CHARITABLE INSTITUTIONS AND CONNEXIONS WITH THE NEEDLEMAKING INDUSTRY AS DECIDED BY THE COURT OF ASSISTANTS

Objects

SUCH CHARITABLE PURPOSES AS THE COURT OF ASSISTANTS OF THE WORSHIPFUL COMPANY OF NEEDLEMAKERS MAY FROM TIME TO TIME RESOLVE.

Area of benefit: NOT DEFINED

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · Education/training · The Prevention Or Relief Of Poverty · Religious Activities · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£262k
Latest spending
£127k
Registered
1984
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that net assets increased to £3,887,724, driven by investment gains and bequests, despite a net deficit in the unrestricted general fund for the year. The charity maintains a reserves policy of £20,000 for operational costs, with additional cash reserves of approximately £70,000 to ensure grant-making continuity. The trustee confirms that the charity is not reliant on donations income and can continue to make significant grants from investment income.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Related-party transaction: The Company bears the costs of the Clerk and the Independent Examiner when working on behalf of the Charity. It is estimated that this is 10% and 65% respectively £6,948 (2024: £6,316).
“The Company bears the costs of the Clerk and the Independent Examiner when working on behalf of the Charity. It is estimated that this is 10% and 65% respectively £6,948 (2024: £6,316).”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Register events

Trustees · trustee networks

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

Operates in: Throughout London

Income and spending

Financial year endIncomeSpending
30/09/2025£262k£127k
30/09/2024£145k£75k
30/09/2023£133k£97k
30/09/2022£109k£94k
30/09/2021£120k£63k

Common questions

Is WORSHIPFUL COMPANY OF NEEDLEMAKERS CHARITABLE FUND financially healthy?

Per its FY2025 accounts: The accounts state that net assets increased to £3,887,724, driven by investment gains and bequests, despite a net deficit in the unrestricted general fund for the year. The charity maintains a reserves policy of £20,000 for operational costs, with additional cash reserves of approximately £70,000 to ensure grant-making continuity. The trustee confirms that the charity is not reliant on donations income and can continue to make significant grants from investment income. Its FY2025 accounts were independently examined.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE KNIGHTLAND FOUNDATION1£80k
THE CYRIL AND EVE JUMBO CHARITABLE TRUST1£35k
SF FOUNDATION1£33k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with CORDWAINERS CHARITABLE TRUST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
WORSHIPFUL COMPANY OF NEEDLEMAKERS CHARITABLE FUND£262k—0unclear—no doubt
CORDWAINERS CHARITABLE TRUST FY2024£193k—0unclear—no doubt
LONDON CHAMBER OF COMMERCE AND INDUSTRY COMMERCIAL EDUCATION TRUST FY2025£246k—0unclear—no doubt
MEDWAY NHS FOUNDATION TRUST CHARITABLE FUND FY2025£253k—0above—no doubt
THE GIRDLERS' COMPANY CHARITABLE TRUST FY2025£447k—0unclear—no doubt
MEKADSHEI SHEVEI CHARITABLE TRUST FY2025£156k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.