The Worshipful Company of Furniture Makers' Charitable Funds Incorporating the Furnishing Trades Benevolent Association

Analysis

The Worshipful Company of Furniture Makers' Charitable Funds Incorporating the Furnishing Trades Benevolent Association is a registered charity in England and Wales, based in London. It was registered in December 1992, 34 years ago. Its declared purposes cover education/training, the advancement of health or saving of lives, disability and the prevention or relief of poverty, which this site groups under health and saving lives. Legally it is a charitable company (Companies House number 02759359). It says it makes grants to individuals, provides other finance and provides buildings/facilities/open space.

In the financial year ending April 2025, The Worshipful Company of Furniture Makers' Charitable Funds Incorporating the Furnishing Trades Benevolent Association reported income of £829k and spending of £1.2m, spending 148% of what it took in. Across the 5 years on record, from April 2021 to April 2025, income grew from £410k to £829k (+102%), an average of +19% a year. The sharpest change came in the year to April 2022, when income rose by 94%. Over the whole period it spent 171% of the income it received.

Among 24,651 England and Wales charities whose main cause is health and saving lives and that reported income, The Worshipful Company of Furniture Makers' Charitable Funds Incorporating the Furnishing Trades Benevolent Association sits at the 88th percentile: it is larger than about 88% of them. Against every charity in England and Wales with reported income it ranks in the 93rd percentile. Charities of a similar size with the same main cause include Autistic Minds (£829k), Age UK Thanet Limited (£830k) and Bay Hospitals Charity (£828k).

In its latest detailed accounts, income came from charitable activities 47%, donations and legacies 28% and investments 8.7%. Gifts in wills alone brought in £31k. Charitable activities took 66% of spending and raising funds 29%. Grants to other organisations totalled £40k. Reserves of £5.7m would cover about 53 months of spending at that rate. It employed 10 people.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.