THE WORSHIPFUL COMPANY OF FRAMEWORK KNITTERS EDUCATION CHARITY

Registered charity 292630 · accounts filings on the Charity Commission register

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)

Area of benefit: UNITED KINGDOM

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

Causes: Education/training · website · Get email alerts

Latest income
£69k
Latest spending
£75k
Registered
1985
Accounts read
FY2025

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.

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

What the accounts disclose

Reserves policy: maintaining 50% of the budgeted annual bursaries and awards (held: £1.2m)
“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”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: 13. Related Party Transactions
“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.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 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.

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

Register events

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
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.