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

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.

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

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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.