BUILDING CRAFTS COLLEGE
Registered charity 312856 · accounts filings on the Charity Commission register
Promotion of education and training in the building and allied crafts and trades.
Causes: Education/training · website · Get email alerts
Financial health, per its FY2025 accounts
The accounts state that the charity had total net assets of £143,425 at 30 June 2025, comprising restricted funds of £74,292 and endowment funds of £69,133, with no free reserves. The charity is dependent on financial support from The Worshipful Company of Carpenters and receives annual grants to ensure unrestricted income equals unrestricted expenditure. The trustees and auditors have confirmed that the going concern basis of accounting is appropriate with no material uncertainties identified.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves position: below the charity's own stated reserves policy
“As explained above, the charity is dependent on the financial support of The Worshipful Company of Carpenters and it has no ‘free’ reserves.” — page 7
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Grant received from Carpenters’ Company Charitable Trust
“During the year the charity received grants from Carpenters’ Company Charitable Trust of £1,215,698 (2024 — £1,530,049), paid rent to Carpenters’ Company Charitable Trust of £485,000 (2024 — £485,000) and paid rent to The Worshipful Company of Carpenters of £41,000 (2024 — £41,000). The charity incurred a management charge from The Worshipful Company of Carpenters for the year of £30,000 (2024 — £30,000) and received donations from The Worshipful Company of Carpenters of £53,834 (2024 — £22,700). There were no other related party transactions requiring disclosure.” — page 28
Per its FY2025 accounts as filed with the Charity Commission.
Pension scheme deficit: £669k
“Deficit in the scheme — net pension liability (669,000)” — page 28
Per its FY2025 accounts as filed with the Charity Commission.
Accounts audited by Buzzacott Audit LLP. Discloses 3 of 6 completeness components.
Leadership, per the charity’s website
- Michael Morrison — Chair (source)
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).
- The Portal Trust — “The Portal Trust is a charitable organisation whose aim is enable young people in London, particularly those from disadvantaged or low incom…” (source page)
- Veritas — “In June we received a very generous gift from Veritas, a box of their canvas aprons. Veritas is a Canadian tool making company based in ...” (source page)
Structured financials (annual return, FY ending 30/06/2025)
Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).
Per its annual return, largest income source: Charitable activities (62% 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: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).
- THE WORSHIPFUL COMPANY OF CARPENTERS
Trustee list from the Charity Commission register (current, not historical).
Operates in: Throughout England And Wales
Income and spending
Common questions
Is BUILDING CRAFTS COLLEGE financially healthy?
Per its FY2025 accounts: The accounts state that the charity had total net assets of £143,425 at 30 June 2025, comprising restricted funds of £74,292 and endowment funds of £69,133, with no free reserves. The charity is dependent on financial support from The Worshipful Company of Carpenters and receives annual grants to ensure unrestricted income equals unrestricted expenditure. The trustees and auditors have confirmed that the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Buzzacott Audit LLP.
Who funds BUILDING CRAFTS COLLEGE?
Funders whose own accounts filings name BUILDING CRAFTS COLLEGE as a grant recipient include THE CARPENTERS COMPANY CHARITABLE TRUST, The Portal Trust, THE MASONS COMPANY CRAFT FUND.
Known funders
Grants to this charity found in funders’ own accounts filings.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
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 THE CARPENTERS COMPANY CHARITABLE TRUST.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.