THE ROYAL SCHOOL OF NEEDLEWORK

Registered charity 312774 · accounts filings on the Charity Commission register · also known as RSN

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.

Causes: Education/training · Arts/culture/heritage/science · Environment/conservation/heritage · website · Get email alerts

Latest income
£3.0m
Latest spending
£3.7m
Registered
1964
Accounts read
FY2025

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.

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

What the accounts disclose

Accounts audited by Buzzacott Audit LLP. Discloses 3 of 6 completeness components.

Corporate structure

Public fundraising profile: JustGiving — The Royal School of Needlework (matched by registered charity number).

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

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

Structured financials (annual return, FY ending 31/08/2025)

Total income
£3.0m
Total spending
£3.7m
Cost of raising funds
£946k
Reserves (reported)
£1.2m
Employees
64

Reported reserves equal ~3.8 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (61% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 31.1% of total income — in the top quarter for charities its size (median 5.2%) (benchmarks).

Register events

Trustees · trustee networks

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

Operates in: Bristol City · Durham · Japan · Richmond Upon Thames · Scotland · United States · Warwickshire

Income and spending

Financial year endIncomeSpending
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, LORD BARNBY'S FOUNDATION.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE HEADLEY TRUSTFY2025£36kTowards a scholarship for the Professional Embroidery Tutor Programme.
THE GIRDLERS' COMPANY CHARITABLE TRUSTFY2023£20kSelected Appeals
THE HEADLEY TRUSTFY2022£20kTowards the cost of fees to fund a bursary student on the Future Tutors Course.
THE GIRDLERS' COMPANY CHARITABLE TRUSTFY2025£17k
THE GIRDLERS' COMPANY CHARITABLE TRUSTFY2024£15k
THE GIRDLERS' COMPANY CHARITABLE TRUSTFY2022£15k
THE HABERDASHERS' FOUNDATIONFY2025£14kEducation & Training
THE HABERDASHERS' FOUNDATIONFY2023£13kFuture Tutors programme & Haberdasher prize for raised embroidery & embellishment
THE HABERDASHERS' FOUNDATIONFY2024£13kEducation & Training
THE GIRDLERS' COMPANY CHARITABLE TRUSTFY2022£10k
NEWBY TRUST LIMITEDFY2024£10kEducation
LORD BARNBY'S FOUNDATIONFY2025£5k
LORD BARNBY'S FOUNDATIONFY2024£5k
THE DYERS' COMPANY CHARITABLE TRUSTFY2024£5kThe Dyeing Industry
STANLEY PICKER TRUSTFY2023£5kSpecial Awards
THE DYERS' COMPANY CHARITABLE TRUSTFY2023£5kThe Dyeing Industry
WORSHIPFUL COMPANY OF NEEDLEMAKERS CHARITABLE FUNDFY2023£5kEducation
STANLEY PICKER TRUSTFY2022£5kSpecial Awards
THE DYERS' COMPANY CHARITABLE TRUSTFY2022£5kThe Dyeing Industry
DR RADCLIFFE'S TRUSTFY2024£4kRSN Stitch Bank
DR RADCLIFFE'S TRUSTFY2025£4kConservation & circularity of heritage craft tools
THE COTTON INDUSTRY WAR MEMORIAL TRUSTFY2022£4kNote 6(ac)
LORD BARNBY'S FOUNDATIONFY2022£3k
THE COMPANY OF ARTS SCHOLARS CHARITABLE TRUSTFY2022£1kGrant funding of activities
LORD BARNBY'S FOUNDATIONFY2023£1k
THE LORD FARINGDON CHARITABLE TRUSTFY2025£500
WORSHIPFUL COMPANY OF NEEDLEMAKERS CHARITABLE FUNDFY2022£100Education

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Heritage Fund15/01/2025£248k"Fragile Threads"

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.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with ROYAL SOCIETY OF PAINTER-PRINTMAKERS.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE ROYAL SCHOOL OF NEEDLEWORK£3.0m——unclear—no doubt
ROYAL SOCIETY OF PAINTER-PRINTMAKERS FY2024£123k—0unclear—no doubt
THE ROYAL NORTHERN COLLEGE OF MUSIC AWARDS FUND FY2025£1.9m—0above—no doubt
LONDON TRANSPORT MUSEUM LIMITED FY2025£19.9m——unclear—no doubt
THE ROYAL SOCIETY OF MEDICINE FY2025£13.7m——above48.0%no doubt
THE GUILD OF ST GEORGE FY2025£176k—0below—no doubt

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