THE WORSHIPFUL COMPANY OF FURNITURE MAKERS' CHARITABLE FUNDS INCORPORATING THE FURNISHING TRADES BENEVOLENT ASSOCIATION

Charity Number: 1015519
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

Promote, encourage and foster the craft and industry of furnishing and furniture and its ancilliary activities in the United Kingdom, Advance education in the industry. Relieve financial hardship of present and past employees of the Industry, their families, relatives and dependants.

Income and expenditure

Data for financial year ending 30 April 2024

Total income:
£706,702

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Donations and legacies £88.48k
Charitable activities £396.46k
Other trading activities £0
Investments £89.16k
Other £132.60k

Total expenditure:
£1,223,665

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Raising funds £352.93k
Charitable activities £870.74k
Other £0

£325,741 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

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Raising funds and other expenditure £352.93k
Charitable expenditure £870.74k

People

11 Employee(s)

6 Trustee(s)

8 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£70k to £80k 1
£120k to £130k 1

Fundraising

No information available

Trading

One or more trustees are also directors of the subsidiaries

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • Education/training
  • The Advancement Of Health Or Saving Of Lives
  • Disability
  • The Prevention Or Relief Of Poverty
Who the charity helps:
  • Children/young People
  • Elderly/old People
  • People With Disabilities
  • Other Defined Groups
How the charity helps:
  • Makes Grants To Individuals
  • Provides Other Finance
  • Provides Buildings/facilities/open Space
  • Provides Services
Where the charity operates:
  • Throughout England And Wales

Governance

Registration history:
  • 15 April 2004: Standard registration
Organisation type:
Charitable company
Other names:
  • FIT (Working name)
  • FREDERICK PARKER COLLECTION (Working name)
  • FURNISHING INDUSTRY TRUST (Working name)
  • THE FURNITURE MAKERS' COMPANY (Working name)
  • THE FURNITURE MAKERS COMPANY, THE FURNISHING INDUSTRY’S CHARITY (Working name)
  • FURNISHING TRADES BENEVOLENT ASSOCIATION (Previous name)
Company number:
02759359 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Campaigns and political activity policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • 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
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

6 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Paul Heinrich Sigismund von der Heyde Chair 23 June 2016
THE PSORIASIS AND PSORIATIC ARTHRITIS ALLIANCE
Received: On time
hayden davies Trustee 29 November 2022
FURNITURE MAKERS COMPANY LIMITED
Received: On time
jonathan Hindle Trustee 23 November 2021
None on record
Benedict Burbidge Trustee 23 November 2021
None on record
Charles Vernon Trustee 30 April 2018
THE SOFTWARE CHARITY
Received: On time
STOUR VALLEY VINEYARD CHURCH
Received: On time
Hugh Charles Garforth-Bles Trustee 05 October 2017
None on record

Financial history

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Financial period end date

Income / Expenditure 30/04/2020 30/04/2021 30/04/2022 30/04/2023 30/04/2024
Total gross income £735.19k £409.90k £793.30k £668.92k £706.70k
Total expenditure £1.20m £1.16m £949.46k £1.26m £1.22m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A N/A
Income - Donations and legacies £180.40k N/A £283.73k £131.90k £88.48k
Income - Other trading activities £322.59k N/A £0 £0 £0
Income - Charitable activities £138.24k N/A £319.62k £348.72k £396.46k
Income - Endowments £0 N/A £0 £0 £0
Income - Investment £93.80k N/A £83.45k £82.82k £89.16k
Income - Other £165 N/A £106.50k £105.49k £132.60k
Income - Legacies £0 N/A £56.00k £0 £5.00k
Expenditure - Charitable activities £838.06k N/A £672.55k £905.41k £870.74k
Expenditure - Raising funds £365.90k N/A £276.90k £357.60k £352.93k
Expenditure - Governance £67.75k N/A £55.77k £68.44k £68.60k
Expenditure - Grants institution £38.12k N/A £11.99k £21.64k £33.19k
Expenditure - Investment management £29.22k N/A £25.12k £26.64k £25.48k
Expenditure - Other £0 N/A £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 30/04/2020 30/04/2021 30/04/2022 30/04/2023 30/04/2024
Own use assets £3.35m N/A £3.11m £3.01m £2.92m
Long-term investments £5.01m N/A £4.87m £4.28m £4.20m
Other assets £669.86k N/A £669.94k £660.72k £551.91k
Defined benefit pension scheme asset or liability £0 N/A £0 £0 £0
Total liabilities £1.86m N/A £1.72m £1.70m £1.61m

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 30 April 2024 17 February 2025 On Time
Accounts and TAR 30 April 2024 17 February 2025 On Time Download Open in new window
Annual return 30 April 2023 28 February 2024 On Time
Accounts and TAR 30 April 2023 28 February 2024 On Time Download Open in new window
Annual return 30 April 2022 22 February 2023 On Time
Accounts and TAR 30 April 2022 22 February 2023 On Time Download Open in new window
Annual return 30 April 2021 14 February 2022 On Time
Accounts and TAR 30 April 2021 14 February 2022 On Time Download Open in new window
Annual return 30 April 2020 24 February 2021 On Time
Accounts and TAR 30 April 2020 24 February 2021 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES INCORPORATED 27/10/1992 AS AMENDED BY CERTIFICATE OF INCORPORATION ON CHANGE OF NAME DATED 16/11/2012 AS AMENDED ON 08 FEB 2012 AS AMENDED BY SPECIAL RESOLUTION REGISTERED AT COMPANIES HOUSE ON 30 OCT 2019

Charitable objects

TO RELIEVE POVERTY FOR ANY PERSONS EMPLOYED OR WHO HAVE BEEN EMPLOYED IN THE FURNISHING OR ALLIED TRADES AND MEMBERS OF THEIR FAMILIES AND OTHER RELATIVES AND DEPENDANTS IN THE UNITED KINGDOM AND TO ADVANCE THE EDUCATION OF NEEDY CHILDREN OR ORPHANS OF SUCH EMPLOYEES OR FORMER EMPLOYEES WHO ARE PERMANENTLY OR TEMPORARILY UNABLE TO MAINTAIN THEM

Area of benefit

The area the charity can operate in, as set out in its governing document.

UNITED KINGDOM

Linked charities

Linked charities
Linked charity 1015519-1 MAPLE RAYNER TRUST
Governing document
SCHEME OF THE CHARITY COMMISSIONERS DATED 26 JANUARY 2004
Charitable objects
THE RELIEF OF THE BENEFICIARIES, IN THE FOLLOWING ORDER OF PREFERENCE, OF: (A) THE FORMER EMPLOYEES OF MAPLE AND COMPANY LIMITED AND THEIR DEPENDANTS; (B) THE FORMER EMPLOYEES OF THE KINGSBURY GROUP PLC AND OF ANY SUBSIDIARY COMPANY TOGETHER WITH IN EACH CASE THEIR DEPENDANTS; (C) CURRENT OR FORMER EMPLOYEES OF THE FURNISHING OR ALLIED TRADES AND MEMBERS OF THEIR FAMILIES AND OTHER RELATIVES AND DEPENDANTS. 2. THE TRUSTEES MAY RELIEVE THE BENEFICIARIES BY: (A) MAKING GRANTS OF MONEY TO THEM; OR (B) PROVIDING OR PAYING FOR GOOD, SERVICES OR FACILITIES FOR THEM; OR (C) MAKING GRANTS OF MONEY TO OTHER PERSONS OR BODIES WHO PROVIDE GOODS SERVICES OR FACILITIES FOR THOSE IN NEED.
Area of benefit
NOT DEFINED.
Registration history
  • 15 April 2004 : Standard registration

Contact information

Address:
The Furniture Makers Co
12 Austin Friars
London
EC2N 2HE
Phone:
02072565558
Email:
clerk@furnituremakers.org.uk
Website:

www.furnituremakers.org.uk Open in new window