THE WORSHIPFUL COMPANY OF FRAMEWORK KNITTERS EDUCATION CHARITY
Promote Education in all aspects of the knitting industry
Objects
IN PROMOTING THE EDUCATION OF PERSONS OF BRITISH NATIONALITY AND DOMICILED IN THE UNITED KINGDOM IN ALL ASPECTS OF THE KNITTING INDUSTRY AND TRADES ALLIED THERETO. (SEE DECLARATION OF TRUST FOR FURTHER DETAILS)
Financial health, per its FY2025 accounts
The accounts state that the charity had a net expenditure deficit of £6,622 for the year, with total net assets increasing to £1,224,008. The trustees report that the charity remains financially sound and has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“The policy of the trustees is not to distribute more than the annual income generated by the trust, as the trustees have a reserves policy of maintaining 50% of the budgeted annual bursaries and awards”
“The charity was invoiced for professional bookkeeping services in the sum of £2,939 (2024 - £2,854). The total amount of unconditional donations received from related parties was nil.”
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Register events
- Received assets from another charity (08/03/2017)
- Received assets from another charity (01/04/2014)
Trustees
- ANTHONY HENRY JARVIS
- Catherine Fuller
- DAVID PETER CORAH
- ELIZABETH FOX
- Edward Strange
- GEORGE FRED CRAIG TURNEr
- GRAHAM SMITH
- Gary Dixon
- Jane Martin DL
- Jonathan James Pears
- LINDA Bentata JP BA
- MATTHEW RUSSELL ELLIS
- Margaret Elizabeth Green
- Martin Traynor
- Michelle Rae
- PHILIP TRANTER
- Paul Seymour Bonnett
- SHEILA TURNER BENG
- STEPHEN WOOLFE
- Samantha Penfold
- Simon Burrows
- Susan Jagelman BSc Hons
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £69k | £75k |
| 31/03/2024 | £74k | £70k |
| 31/03/2023 | £59k | £70k |
| 31/03/2022 | £72k | £82k |
| 31/03/2021 | £57k | £13k |
Common questions
Is THE WORSHIPFUL COMPANY OF FRAMEWORK KNITTERS EDUCATION CHARITY financially healthy?
Per its FY2025 accounts: The accounts state that the charity had a net expenditure deficit of £6,622 for the year, with total net assets increasing to £1,224,008. The trustees report that the charity remains financially sound and has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were independently examined.