Radical Weavers Limited
Latest income
£246k
Latest spending
£280k
Accounts read
FY2025
Financial health, per FY2025 accounts
The charity's unrestricted funds are in a deficit position of £14,815 as of 31 May 2025, having decreased from a deficit of £4,153 in the prior year. Total funds decreased from £2,905 to a deficit of £30,097 over the period, driven by outgoing resources exceeding incoming resources. The charity holds restricted funds from The National Lottery Community Fund for specific community projects.
What the accounts disclose
Related-party transaction: Sale of stock/assets and exhibition fit-out costs to Radical Weavers Experiences Ltd, a company with common trustees. £25,000 due from the company at period end.
“Radical Weavers Limited has common Trustees/directors with Radical Weavers Experiences Ltd. During the period, the charity sold £25,000 (2024: £nil) worth of stock and assets to the company. Exhibition fit out costs of £32,900 were sold to Radical Weavers Experiences Ltd for £nil proceeds which resulted in an overall loss on sale. At the period-end £25,000 (2024: £nil) was due to the charity from Radical Weavers Experiences Ltd.” — page 21
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Loan from Trustee M Breslin. £20,760 repaid to Trustee, £15,050 due to Trustee at period end. Interest-free. Reimbursement of £1,656 travel expenses.
“Radical Weavers Limited has common Trustees/directors with Radical Weavers Experiences Ltd. During the period, the charity sold £25,000 (2024: £nil) worth of stock and assets to the company. Exhibition fit out costs of £32,900 were sold to Radical Weavers Experiences Ltd for £nil proceeds which resulted in an overall loss on sale. At the period-end £25,000 (2024: £nil) was due to the charity from Radical Weavers Experiences Ltd.” — page 21
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Loans from recently resigned Trustee D Tooley. £22,000 and £15,000 advanced. £25,000 due to Trustee at period end.
“Radical Weavers Limited has common Trustees/directors with Radical Weavers Experiences Ltd. During the period, the charity sold £25,000 (2024: £nil) worth of stock and assets to the company. Exhibition fit out costs of £32,900 were sold to Radical Weavers Experiences Ltd for £nil proceeds which resulted in an overall loss on sale. At the period-end £25,000 (2024: £nil) was due to the charity from Radical Weavers Experiences Ltd.” — page 21
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Donation of £5,000 from Trustee S Mitchell.
“Radical Weavers Limited has common Trustees/directors with Radical Weavers Experiences Ltd. During the period, the charity sold £25,000 (2024: £nil) worth of stock and assets to the company. Exhibition fit out costs of £32,900 were sold to Radical Weavers Experiences Ltd for £nil proceeds which resulted in an overall loss on sale. At the period-end £25,000 (2024: £nil) was due to the charity from Radical Weavers Experiences Ltd.” — page 21
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Contributions to Coorie Creative CIC (mutual trustees) in prior year. No transactions in current period. CIC dissolved.
“Radical Weavers Limited has common Trustees/directors with Radical Weavers Experiences Ltd. During the period, the charity sold £25,000 (2024: £nil) worth of stock and assets to the company. Exhibition fit out costs of £32,900 were sold to Radical Weavers Experiences Ltd for £nil proceeds which resulted in an overall loss on sale. At the period-end £25,000 (2024: £nil) was due to the charity from Radical Weavers Experiences Ltd.” — page 21
Per FY2025 accounts as filed with OSCR.