THE ROYAL SCHOOL OF NEEDLEWORK
The RSN comprises three core activities; the Education programme, the Collection and the Studio. These three activities are integrally linked; Studio staff teach on the courses; students work in the Studio; students work on items from the Collection and the collection informs work in the Studio and the courses.
Objects
THE CARRYING ON OF THE ROYAL SCHOOL OF NEEDLEWORK; THE FOUNDING AND CARRYING ON OR ASSISTING OF OTHER SCHOOLS OF NEEDLEWORK; THE TEACHING AND GIVING INSTRUCTION IN ORNAMENTAL NEEDLEWORK AND THE SUPPLYING OF SUITABLE EMPLOYMENT FOR POOR GENTLEWOMEN.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £654,912 for the year, driven by investment losses and restructuring costs, resulting in free reserves falling to £1,168,912. This figure is explicitly noted as being £520,088 below the trustees' stated policy target of five months' total expenditure. Despite the recurring deficit and reserves being below target, the trustees and auditors confirm there is no material uncertainty regarding the charity's ability to continue as a going concern.
What the accounts disclose
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/08/2025
- Volunteers: 26
- Employees paid over £60,000: 5 (£60,001–£70,000: 3; £70,001–£80,000: 1; £80,001–£90,000: 1)
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/08/2024
- Volunteers: 20
- Employees paid over £60,000: 3 (£60,001–£70,000: 2; £110,001–£120,000: 1)
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/08/2023
- Volunteers: 20
- Employees paid over £60,000: 2 (£60,001–£70,000: 1; £100,001–£110,000: 1)
- Has a trading subsidiary
Corporate structure
- Registered company of the charity Companies House 00012192
Leadership, per the charity’s website
- Pip Wood — Chair
- Rhian Harris — CEO
Funders the charity credits
Company officers (Companies House)
- PUNAKS, Zoe not on trustee list
- HIMSWORTH, Alice not on trustee list
- PALMER, Linda Anne on trustee list
- MILA, Peter on trustee list
- MUMFORD, Sarah Jane on trustee list
- LEFTWICH, Paula, Dr on trustee list
- PICKARD, Keith William on trustee list
- RICHARDS, Julie Ann on trustee list
- WOOD, Pauline Elizabeth on trustee list
- RITCHIE, Eleri Lynn on trustee list
- CULLEN, Patricia Barbara, Professor on trustee list
Structured financials (annual return, FY ending 31/08/2025)
Register events
- Received assets from another charity (14/07/2023)
Trustees
- Dr Paula Leftwich
- Eleri Lynn Ritchie
- Julie Ann Richards
- Keith William Pickard
- Linda Anne Palmer
- Louisa Christofidou
- Patricia Barbara Cullen
- Pauline Elizabeth Wood
- Peter Mila
- Sarah Jane Mumford
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £3.0m | £3.7m |
| 31/08/2024 | £3.0m | £3.4m |
| 31/08/2023 | £2.8m | £3.1m |
| 31/08/2022 | £2.7m | £2.5m |
| 31/08/2021 | £2.3m | £2.2m |
Common questions
Is THE ROYAL SCHOOL OF NEEDLEWORK financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £654,912 for the year, driven by investment losses and restructuring costs, resulting in free reserves falling to £1,168,912. This figure is explicitly noted as being £520,088 below the trustees' stated policy target of five months' total expenditure. Despite the recurring deficit and reserves being below target, the trustees and auditors confirm there is no material uncertainty regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Buzzacott Audit LLP.
Who funds THE ROYAL SCHOOL OF NEEDLEWORK?
Funders whose own accounts filings name THE ROYAL SCHOOL OF NEEDLEWORK as a grant recipient include THE HEADLEY TRUST, THE GIRDLERS' COMPANY CHARITABLE TRUST, THE HABERDASHERS' FOUNDATION, NEWBY TRUST LIMITED, THE DYERS' COMPANY CHARITABLE TRUST.
Known funders
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 15/01/2025 | £248k | "Fragile Threads" |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ROSSALL FOUNDATION | 1 | £393k |
| THE ROTHSCHILD FOUNDATION | 1 | £330k |
| THE FIDELITY UK FOUNDATION | 1 | £113k |
| THE GOLDHILL FAMILY CHARITABLE TRUST | 1 | £102k |
| PRISM THE GIFT FUND | 1 | £100k |
| THE LINBURY TRUST | 1 | £100k |
| THE CLORE DUFFIELD FOUNDATION | 1 | £60k |
| THE LINDER FOUNDATION | 1 | £58k |
Charities like this
- ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS BATH AND DISTRICT BRANCH
- THE ROYAL DRAWING SCHOOL
- ROYAL SOCIETY OF BRITISH ARTISTS LIMITED
- ROYAL SOCIETY OF PAINTER-PRINTMAKERS
- ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS CRAVEN AND UPPER WHARFEDALE BRANCH
- THE NURTURE GROUP NETWORK LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE ROYAL SCHOOL OF NEEDLEWORK | £3.0m | — | — | unclear | — | no doubt |
| ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS BATH AND DISTRICT BRANCH | £2.9m | — | — | below | — | no doubt |
| THE ROYAL DRAWING SCHOOL | £4.5m | — | — | unclear | — | no doubt |
| ROYAL SOCIETY OF BRITISH ARTISTS LIMITED | £45k | — | 0 | unclear | — | no doubt |
| ROYAL SOCIETY OF PAINTER-PRINTMAKERS | £126k | — | 0 | below | — | no doubt |
| ROYAL SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS CRAVEN AND UPPER WHARFEDALE BRANCH | £55k | — | — | unclear | — | no doubt |