2025-12-31-accounts

f TYI The Weavers, Company Benevolent Fund Charity No.. 266189 Trustee's Report & Financial Statements For the Year Ended 31 December 2025

Contents Page General Information Trustee's Report Independent Auditorfs Report Financlal Statements Statement of Financial Activities io Balance Sheet li Cash flow statement 12 Notes to the Financial Statements 13-21

The Weavers, Company Benevolent Fund 31 December 2025 General Information Full Name.. The Weavers, Company Benevolent Fund Registered Number: 266189 Gi)verning Instrument: Trust deed dated 5 lune 1973 Trustee.. Worshipful Company of Weavers Registered Address= Saddlers, House Gutter Lane London EC2V 6BR Telephone.. [phone] Email: [e-mail] Website.. www.weavers.or8.uk Clerk to the Trustee.. james Gaselee Bankers.. C Hoare & Co 37 Fleet Street London EC4P 4DQ CCLA PO Box 12892 Dunmow CM6 9DL Investment Advisors.. Canaccord Genuity 88 Wood Street London EC2V 7QR Solicitors: Lee Bolton Monier-williams l The Sanctuary London SWIP 31T Auditors.. Buzzacott Audit LLP 130 Wood Street London EC2V 6DL

The Weavers, Company Benevolent Fund 31 December 2025 Trustee's Report This report Should be read in conjunction with the Benevolent Fund Annual Report. Detalls of Trustee The Worshipful Company of Weavers I'the Weaver5' CornpanVI, which is governed by the Court of Assistants. The members of the Court at the date the accounts were signed, or who served during the year, were as follows.. MrA.J Winterton Mr P.M.J. Baxendell Mr P.G. Cattermull Mr J.R.H Bagley Mr N.P.M. Morris Mrs R.J. Rldley Ms R Parnickzky (appointed 7 October 20251 Mr L.B. Tharp H.M. King Charles111 Mr R.W. Townsend Mr l.G.Y Radcliffe, O.B.E, Q.V.R.M, T.D Mr C.D.R. Collinge Mr F.J. St. l. Tibbitts MrJ.L.C. Winterton Mr E.C.A.Martineau Mrs H.S. Wallace-jones MrJ.F. Nugée MrT.H.M. G3ddum Mr J. Garbutt JP, High Sheriff of Greater MrD.R.D. Hopkin5 London Mr P.J.H. Towler Mr W.1. Makower Mr P.C.E Morris Mrs P.C. Ouvry-johns Mr G Eastwood lappointed 25 July 202SI Mr S.C Combey Iresigned 7 October 20251 Structure. governance and management The charity is governed by a Trust Deed dated 5 lune 1973, as amended by a Charity Commi55ioners Scheme dated 28 February 2002. At the end of 2013, other small charity f￿ndS connected with the Weavers, Company were transferred into the Weavers, Company Benevolent Fund without any restrictions on the use of the funds but, where appropriate, are managed as designated funds iri recognition of the historic purposes of the smaller funds Isee details on pages 17 and 181. The Trustee is assisted by three committees, comprising both persons listed above and other members of the Company, which meet two or three times a year and make recommendations to the Trustee. These are the Charitable Grants Committee, the Primary Schools Committee and the Textile Committee. The specific objectives of each are described in thè accompanying Annual Report. Members of the Court of Assistants are recruited from within the Livery of the Company. A Selection Committee meets every year lo consider suitable members from within the Liverv and makes recommendations lo the Trustee, They may have had previous experience on one or more of the Compantys committees, and receive a briefing on their responsibilities, including a link to the Charity Commission booklet CC3, The essential trustee.. what you need to know, what you need to do,.

The Weavers, Company Benevolent Fund 31 December 2025 Trustee'5 Report Icontinuedl Objectives and activities The objectives and policies in each 2rea of the Benevolent Fund's three spending committees are inclts'ded in the Annual Report which forms part of the accounts. The current guidelines and applic3tion form for charitable grants are available on the Company's website. Achievements and performance The Annual Report details the achievements of these spending committees and the programme of grants awarded during the year. It shows the impact m3de by the work and the benefits to the recipient organisations, who are expected to provide reports on the impact of grants received, Public Beneflt As noted elsewhere in this report and in the accomp3nyinE Annual Report, the objects of the charity are for the benefit of the public, and its grants have been made in furtherance of these objects. The Trustee has taken due account of the Charity Commission's guidance on Public enef it when considering the activities and achievements of the ch8ritv. Flnancial Review Investment income in 2025 amounted to £452,742, an decrease of £7,898 on the previous year's figure of £460,640. Voluntary income included donations from the Weavers, Company totalling £121,093 12024: £145,051), donation of £33,250 12024.. £S8,8001 from the Clothworkers, Foundation to the designated Textiles Fund, legacies of £56,76712024'. E6,0001 and other donations totalling E39,29512024.. £26.1921. Within the total figure for donations, £13,250 was a restricted donation from the Shire Oak Trust to support UK students on the new BSC Textiles Technology Course at Leeds University12024'. £6,625). Expenditure included grants and donations from the desiEnated funds totalling £432,453 12024.. E539,8791, donations Irom general funds Df £15,75012024,' £15,75QI, restrirtÈd fund donations of £19,87512024- £13,250) and support costs of grant making 01 £113,43812024.. E80,7291. Support costs comprised the administration expenses referred to below, audit fees of £10,20012024.. £9,900) and administration costs related to grant making of £27,73612024.. £4,663). In addition, an investmÈnt managefflent fee of £55,58312024.. £52.1791 was incurred. This resulted in total expenditure of £637,09912024.. £701,787), giving rise to net income of £66,04812024'. net expenditure of £5,104) before investment 8ain5 of £2,260,28112024.' gains of £904,226). The net income for the year after investment gains was £2,326,329 12024.. £899,122). A poilion of the administration expenses attributable to the charity totalling £75,50212024.. £66,166) is reimbursed to the We3vers' Company. This and other related party transactions are shown in the notes to the accounts. There were net assets at 31 December 2025 of £18,137,34512024.. £15,811,016). Within total funds there were four designated funds, with a value at 31 December 2025 of £1,332,849 12024.. £1,034,380). Detai15 of these funds appear at note 8 on pages 17 and 18, with comparatives on page 21,

The Weavers, Company Benevolent Fund 31 December 2025 Trustee's Report Icontinuedl Investment policy and performance The charity's investments are overseen by the Weavers, Cornpany's Investment Committee, who, during the year, were advised by Canaccord Ger)uity. The strategy has a balanced investment objective and a moderate risk emphasis. At 310ecember 2025 the Market Value of investments was £17,932,12012024.' £15,736,5201. Risk management and principal risks The assessment of risk is err¥bodled in the management of the charity. The Weavers, Company s Audit Committee carries out formal risk assessments of all the operations of the charity, with a view to identifying and mitigating any risks to which the charity might be exposed. The principal risks are seen as being the effects of any longer-term significant reduction in investmerlt income and the possibility of individu31 committees overspending their budgets. The latter risk is mitigated by careful monitoring of budget allocations between committee meetings. The Trustee does not believe that there is any material risk that the charity could not continue as a going concern as it has sufficient reserves to cope with any short-term income loss, such as a fall in investment income and, as future grant expenditure is discretionary, spending can be reduced in response to any fall in income. Reserves The reserves policy has been established after careful consideration of the charity's likely ongoing commitments to existing beneficiaries, the expected future trends in applications for assistar*ce and the sources and reliability of income. At 31 December 2025 unrestricted reserves, including designated funds, totalled £18,126,88712024.. £15,794,492). Free reserves. being unrestricted reserves excluding designated funds were £16,794,038 12024.. £14,760,1121. Given the charity's strong financial position, the Trustee has not specified an exact lèvel of target reser¢es, but the policy and the level of flee reserves are reviewed 3nnually by the Trustee. The long-term strategy of the charity is to maintain reserves represented by assets deployed to provide a sufficient investment return to enable the charity to meet its obli83tions to existing and new beneficiaries Dn a continuing basis. In principle reserves are managed by investing for real growth in capital and income, subject to an overriding requirement to meet future obligations. Whilst, in general, the expectation is that income will be fully disbursed, capital gair7s and any inward grants and bequests are retained in reserves to offset the risk of inFlation and to m31ntain a rising income trend.

The Weavers, Company Benevolent Fund 31 December 2025 Tru5tee'5 Report Icontlnuedl Statement of Trustee's responsibilities The Trustee is responsible for preparing the Trustee's Report and the financial statements in accordance with 3pp5icable law and UK Accounting Standards Iunited Kingdom Generally Accepted Accounting Prarticel. The law applicable to charities in England & Wales requires the Trustee to prepare, for each financial year, financial statements which give a true and fair view of the state of affairs of the charity and the incoming resources and application of resources of the charity for that period. In preparing those financial statements, the Trustee is required to- al select suitable accounting policies and then apply them consistently,. bl observe the methods and principles in the Charities SORP.. cl make judgements and estimates that are reasonable and prudent- dl state whether applicable accounting standards have been followed, subject to 3ny material departures disclosed and explained in the financial statements., and el prepare the financial statements on a going concern basis unless it is inappropriate to assume that the charity will continue to operate. The Trustee is responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable it to ensure that the financial statements comply with the Charities Act 2011, the Charity IAccounts and Reports) Regulations 2008 and the provisions of the Boverning document. The Trustee is also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by the Trustee on 3 lune 2026 and signed on its behalf PG Cattermull Renter Bailiff

The We3vers' Company Benevolent Fund 31 December 2025 Independent auditors, report to the Trustee of the Weavers, Benevolent Fund Opinion We have audited the financi21 statements of The Weaver's Company Benèvolent Fund (the 'charity'l for the year ended 31 December 2025 which comprise the statement of financial activities, the balance sheet, the statement of cash flows, principal accounting policies 8nd the notes to the financial statements. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republlc of Ireland, (United Kingdom Generally Accepted Accounting Practice). In our opinion. the financial statements: • give a true and fair view of the state of the charity's affairs 35 at 31 December 2025 and of its incoming resources and application of resources for the year then ended,. + have been properly prep3red in accordance with United Kingdom Generally Accepted Accounting Practice,. and + have been prepared in accordance with the requirements of the Charities Act 2011. Basis for opinion We conducted our audit in accordance with International Standards on Auditing IUKI11SAs IUKII and applicable law. Our responsibilities under those standards are further described in the auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statement5 in the UK, including the FRUS Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtalnecl is sufficient and appropriate to provide a basi5 for our opinion. Conclusions relating to goin8 concern In aurjiting the financial statements, we have concluded that the Trustee's use of the 80ing concern basis of accounting in the preparation of the financi31 statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the Trustee with respect to going concern are described in the relevant sections of this report.

The Weavers, Company Benevolent Fund 31 December 2025 Independent auditors, report to the Trustee of the Weavers, Benevolent Fund Icontinuedl Other information The other information comprlses the information included the Trustee's Report & Accounts otherthan the financial statements and our auditor's report thereon. The Trustee is responsible for the other information contained within the Trustee's Report & Accounts. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, conslder whether the other information is materially inconslstent with the financial statements or our knowledge obtained in the course of the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is 3 material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. Matters on which we are required to report by exception In the light of the knowledge and understanding of the charity and ils environment obtained in the course of the audit, we have not idenliFied material misstatements in the Trustee's report. We have nothing to report in respect of the following matters in relation to which the Charities IAccounts and Report51 Regulations 2008 requires u5 to report to you if, in our opinion.. • the information given in the Trustee's report is inconsistent in any material respect with the financial statements,. or sufficient accounting records have not been kept,. or • the financial statements are not in agreement with the accounting records,. or we have not received all the information and explanations we require for our audit. Responsibilities of Trustee As explained more fully in the statement of Trustee's ¥esponsibilities, the Trustee is responsible for the preparation of the financial statements and for being sat15fied that they give a true and fair view, and for such internal control as the TrLlStee determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the Trustee 15 responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concein and using the going concern basis of accounting Ljnless the Trustee either intends to liquidate the charity or to cease operations, or has no realistic alternative but to do so.

The Weavers, Company Benevolent Fund 31 December 2025 Independent auditor5, report to the Trustee of the Weavers, Benevolent Fund Icontinuedl Auditorfs responsibllitle5 for the audSt of the financlal statements We have been appointed as auditor under sectiori 144 of the Charities Act 2011 and report in accordance with the Act and relevant regu13tions made or having effect thereunder. Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditorfs report that includes our opinion. Reasonable assurance is a hiEh level of 35surance but is not 3 guarantee that an audit conducted in accordance with ISAS IUKI will always detect a material mis5t3tement when it exists. Mi55tatemer¥tS Can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be experted to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, 3re instances of non-compliance with13ws and regulations. We design procedures in line with our responsibilities, outlined above, to detect materi31 misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, includlng fraud, is detailed below.. Our approach to identifying and 3ssessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows.. we identified the laws and regulations applicable to the charity throu8h discussions with those charged with governance and other management, and from our knowledge and experience of the sector,. we focused on specific laws and regulations which we considered may have a direct material effect on the fin2ncial statements or the operations of the charity, including the Charities Act 2011, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and Accountin8 and Reporting by Charities.. Slalemernt of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland Icharities SORP FRS 1021,. and we assessed the extent of compliance with the laws and regulations identified above through making enquiries of management 3nd inspecting legal correspondence. We corroborated our enquiries through our review of minutes of meetings of those ch3r8ed with governance. We assessed the susceptibility of the charity's financial statement5 to material misstatement, including obtaining an understandinE of how fraud rnight occur, by: making enquiries of m3na8emÈnt as to their knowledge of actual, suspected and alleged fraud.. and considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regLJlations.

The Weavers, Company Benevolent Fund 31 December 2025 Independent auditors, report to the Trustee of the Weavets. Benevolent Fund Icontlnuedl To address the risk of fraud through management bias and overridè of controls, we.. performed analytical procedures to identify any unusual or unexpected financial relationships,. performed substantive testing of expenditure including testing the authorisation thereof; and tested journal entries to identify unusu31 transactions. Iri response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to.. agreeing financial statement disclosures to underlyin8 supporting documentation- reading the minutes of meetings of those charged with 8overn3nce,' reviewing legal expenses incurred in the year,. and enquiring of management as to actual and potential litigation and claims. There are inherent lirnitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedure s required to identify non-complSsnce with laws and regulations to enquiry of the Trustee and other management and the inspection of regulatory and legal correspondence, if anv. Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report. Use of our report This report is made solely to the charity's Trustee, as a body, in accordance with Part 4 of the Charities (Accounts and Reportsl Regulations 2008. Our audit work has been undertaken so that we might state to the charitvs Trustee those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the ch3rity 2nd the charity's Trustee ès a body, for our audit work, for this report, or for the opinions we have formed. Buzzacott Audit LLP Statutory Auditor 130 Wood Street London EC2V 60L Date Buzzacott Audit LLP is eligible to act as an auditor in terms of section 1212 of the Companies Act 2006

The Weavers, Company Benevolent Fund 31 December 2025 Statement of Financial Activities for the Year Ended 31 December 2025 Notes Restricted Unrestrirted Funds Funds Total Total 2025 2025 2025 2024 Income from.. Donations and legacie5 13,290 237.155 250,405 236,043 Investment income 559 452,183 452,742 460,640 Total income 13.809 689,338 703.147 696,683 Expenditure on: Investtnent management fees 55,583 55,583 52,179 Charitable activities- grant making Grants and donations 4a 19,875 448,203 468,078 568,879 Support costs of grant making 4b 113,438 113,438 80,729 Total expenditure 19,875 617,224 637,099 701,787 Net lexpenditurel/lncome before investment galns 16.0661 72.114 66,048 15,1041 Net gains on investments 2,260,281 2.260,281 904,226 Net lexpenditurell income for the year and net movement in funds 16.0661 2,332.395 2,326,329 899,122 Reconciliatlon of Funds Funds brought forward 16,524 15,794,492 15,811,016 14,911,894 Funds carried forward 10,458 18,126,887 18,137,345 15,811,016 The Weavers, Company Benevolent Fund has not acquired or dlscDntinued any fundarnental activities durin8 the above two financial years. The notes on pages 13 to 21 form part of these financial statement5. For a full comp3rative SOFA see note 11. io

The Weavers, Company Benevolent Fund 31 December 2025 Balance Sheet as at 31 December 2025 Notes 2025 2025 2024 2024 Flxed Assets Investments 17,932,120 15,736,S20 Current Asset5 Debtors 5,552 25,488 Cash at bank and in hand 228,86S 121.714 234,417 147,202 Creditors Amounts falling due within one year 129,1921 172,7061 Net current asset5 205,225 74,496 Total assets less current liabilities 18,137,345 15,811,016 Funds Restricted Funds 10,458 16,524 General Funds 16,794,038 14,760,112 Designated Funds 1,332,849 1,034,380 Total 18,137,345 15.811.016 The funds stated above include an excess of investment market value over cost of £7,555,34012024.. £5,571,847). The notes on pages 13 to 21 form part of these financial statements. Approved by the Trustee on 3 June 2026 and signed on its behalf. PG Cattermull Renter Bailiff li

The Weavers, Company Benevolent Fund 31 December 2025 Cash flow ststement- for the year ended 31 December 2025 2025 2024 Cash flows from operatlng activities Net cash used in operating activities 1410,2721 1532,7031 Cash flows from investSng activities Investment income recew&d 452,742 460,640 Purchase of investments 11,909,428) 12,496,850) Transfer of invÈstments from Weavers, Company Proceeds from sale of investments 1121,(g31 1122,5511 2.083,725 2,587,249 Decrease in investment cash 11,477 65,415 Net cash provided by investing activities 517,423 493,903 Change in cash and cash equlvalents in the year 107,151 I38,8￿) Cash and cash equivalents at the start of the year 121,714 160,514 Cash and cash equlvalents at the end of the year 228.865 121.714 ReconcllSatlon of net movements in funds to net cash provlded by operatlng activities 2025 2024 Net income for the year las per the SQFAI 2.326,329 899,122 Adjustments for.. Gains on investments 12,260,281) 1904,2261 Investment income 1452,7421 1460,6401 Decrease/lincreasel in debtors 19,936 122,7681 Decrease in creditors 143,5141 144.1911 Net cash used in operating artivities 1410,2721 1532.703) No separate statement of changes in net debt has been prepared as there is no difference between the movements in cash and cash eqLtivalents and movement in net cash Idebtl. 12

The WeavÈr8' Company Benevolent Fund 31 December 2025 Note5 to the accounts for the year ended 31 December 2025 I, Accounting Pollcles 1.1 Basis of preparation The financial statements have been prepared in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS1021. The charity is a public benefit entity for the purposes of FRS102 and therefore the charity h35 also prep2rÈd Its financial statements in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (Charities SORP FRS 1021. The financial statements also comply with the Charitie5 Act 2011 ancl regulations made thereunder, except that the Charities Accounting and Reporting Regulations 2008 specify the application of the 2005 Charities SORP, which has now been withdrawn. These financial Statement5 depart from the regulations and apply the current SORP in order to maintain a true and fair view. The financial statements are presented in sterling and rounded to the nearest pound. The Trustee has assessèd whether the use of the going concern basis is appropriate and has considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern. The Trustee has made this assessment for a period of at least one year from the date of approval of the financial statement5. In view of the level of assets held, the Trustee has concluded that therè 15 reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements. In the view of the Trustee, in applying the accounting policies adopted, no judgements were required that have a significant effect on the amounts recognised in the financial statements, nor do any estimates or assumptions made carry a significant risk of material adjustment in the next financial year. 1.2 Recognition of assets and Ilabllltles Assets and liabilities are initially measured at cost or transaction value. Market investment5 are re~Measured at fair value at the balance sheet date, The market bid price is taken as fair value as the charity only holds simple financial instruments. Grant commitments which are not legally binding are accrued as liabilities when the recipient has been informed of the grant award. 1.3 Grants payable Grants payable 3re èccounted for when the charity is committed to paying them and the grant award has been communicated to the recipient. Details of all grants m3de by the charity's three spending committees are shown by way of an appendix to the attached report. 1.4 Income Income is recognised on an accruals basis. A donation is receivable at the point when the charity Is entitled to the income, its receipt is probable 3nd the amount due can be quantified with reasonable accuracy. DonatlOn5 received For specific purposes are treated as restricted funds. Grants restricted to future accountin8 periods are deferred and recognised in those periods. Investment income, including interest, is recognised when receivable. 13

The Weavers, Company Benevolent Fund 31 December 2025 Notes to the accounts ft)r the year ended 31 December 2025 Icontlnuedl l. Accountlng Policies Icontlnuedl 1.5 Allocatlon of casts All costs are allocated between functions as appropriate according to the nature of the cost. Grants and donations are shown separately. Support costs relate to the provision of grants. 1.6 Fixed asset Investments Investments are included in the accounts at their rnarket V31ue. 1.7 Realised and unrealised gains and losses All realised and unrealised gains and losses are iecognised in the Statement of Financial Activities. 2. Voluntary income- Donations & Legacies Restrlcted Unrestricted Funds Funds 2025 2025 Total Total 2025 2024 Donations Company Donation from the Clothworkers, Foundation Legacies Don&tion from the Shire Oak Trust (see note 81 Other donations from the Weavers, 121,093 121,093 145,051 33,250 56,767 33,250 56,767 58,800 6,000 13,250 13,250 6,625 26,045 26,045 19,567 237,155 250,405 236,043 13,250 In 2024, all income was unrestricted except forthe donation of £6.625 from the Shire OakTrust. 3. Investment income Restricted Unrestricted Funds Funds 2025 2025 Total Total 2025 2024 Investment portfolio income Bank interest 449,726 449,726 456,755 2.457 3,016 3,885 452,183 452,742 460,640 559 559 In 2024, all investment income was unrestricted except for restricted bank interest of £837. 14

The Weavers, Company Benevolent Fund 31 December 2025 Note5 to the accounts for the year ended 31 December 2025 Icontinuedl 4a Charltable Activities- grant Making Restricted Unrestricted Funds Funds 2025 2025 Total Total 2025 2024 Grants made from designated funds.. Charitable Grants Fund Textile5 Fund Primary Schools, Fund UKFT- Leeds Bsc Textile Course Guildhall School of Music Lord Mayor's Appeal Sheriff5' & Recorder's Fund City & Guilds St P2uI's Catheclral Foundation City of London Freemen's School Centrepoint Soho IUB charity 20251 Sheriffs, & Recorder's Fund IUB Charity 20251 Save the Children IUB Charity 20251 Onwards & Upwards IUB Charity 20241 St Sepulchre IUB Charity 20241 182,423 182,423 194,224 201,610 201,610 281.455 48,420 48,420 64,200 19,875 13.250 io,Ix)o 10,000 2,000 2,000 1,000 1,000 500 500 500 500 250 250 500 19,875 10,000 2,000 1,000 500 500 250 500 500 soo 5(X) s(x) 1,000 500 448,203 468.078 568,879 19.875 In 2024 all grants were unrestricted except for a restricted grant of £13,250 to UKFT in respect of the Leeds, Bsc Textile Course. Details of the grants and donations made by the Charitable Grants Fund, the Textlles Fund and the Primary Schools Fund are included by way of an appendix to the accompanying report. 4b Charitable Artivltles-support costs of grant making Restricted Unrestri¢ted Funds Funds 2025 2025 Total Total 2025 2024 Administration expenses reimbursed to the Weavers, Company Alternative5 to Custody Summit (Charitable Grant5 Fund) Audit fees Other administrative costs 75,502 75,502 66,166 23,904 23,904 10,200 10.200 9.900 3,832 3,832 4,663 113,438 113,438 80,729 In 2024, all support costs were unrestricted. Governance costs comprise audit fees included in support costs above. 15

The Weavers, Company Benevolent Fund 31 December 2025 Note5 to the accounts for the year ended 31 December 2025 Icontlnuedl 5. Flxed asset Investments 2025 2024 Quoted investments.. Market value b/f Additior)s at cost Transfer from Weavers, Company Disposal proceeds Realised gains Unrealised gains Market value clf Cash awaiting investment Totsl market value at 31 Decern￿r 15,686,883 1.909,428 121,093 12,083,725) 149,497 2,110,784 17.893,960 38,160 17,932,120 14,750,505 2,496,8SO 122,551 12,587,249) 17,158 887,068 15.686.883 49,637 15,736.520 Historic cost at 31 December 10,376.780 10,164,673 Excess over cost at 31 December 7,555,340 5,S71,847 Total funds available for investment can be summarised as follows.. Market value 31 December 2025 Market Value 31 December 2024 Equities Alternatives Fixed Interest Money Market Funds Cash awaiting investment Total 15,906,810 88.71 1,493,180 8.33 261,308 1.46 232,662 1.30 38.160 0.20 17,932,120 100.00 13,854,274 88.04 1,049,869 6.67 782,740 4.97 49,637 0.32 15,736,520 100. 6. Debtors due withln one year 2025 2024 Gift aid receivable Prepayments and accrued income 2.552 3,000 5,552 2,213 23.275 25,488 16

The Weavers, Company Benevolent Fund 31 December 2025 Notes to the accounts for the year ended 31 December 2025 Icontinuedl 7. Creditors due within one year 2025 2024 Rel(7tedporty creditors.. Weavers, Almshouse Charities Grants payable Other creditors and 3ccruals 2,134 2,000 25,058 29,192 2,703 46,100 23,903 72,706 The charity has a150 made an ongoing commitment to fLJnd 12 students on the Leeds Bsc Textiles course. from the Textiles Designated Fund, between 2026 and 2029 at a total cost of £46,375. 8. Summary of Fund5 Brought Transfers forward Income Expenditure Investment galns Carried forward 2025 2025 2025 2025 2025 2025 Restricted Fund Designated Funds General Funds Total funds 16,524 13,809 1,034,380 500,000 139,671 14,760,112 15QXJ,0001 549,667 15,811,016 703,147 119,8751 1458,4141 1158,8101 1637,0991 10,458 117,212 1,332,849 2,143,069 16,794,038 2,260,281 18,137,345 Restrirted Fund During 2025, the Shire Oak Trust donated £13,25012024.. £6,625) to the charity to support UK students on the new BSC Textile5 TechnoloEY Course at Leeds University, Grants of £19,875 were made12024.. £13,250). Bank interest of £55912024.. £8371 was also received from invested fLtnds. General FLrnds In 2025, £500,0(X) 12024.. £500,000) wa5 311ocated from total unrestricted funds to three designated funds, the charitable Grarnts Fund. the Primary Schools Fund and the Textiles Fund. Details of these funds are shown below. De51 nated Funds These comprise four funds, following the winding-up of the charities comprising the Common Investment Fund and the separation of the Primary Schools Fund from the Millennial Fund. The movements on each designated f.und are shown below. 17

The Weavers, Company Benevolent Fund 31 December 2025 Notes to the accounts for the year ended 31 December 2025 Icontinuedl 8. Summary of Funds (continued) Charitable Grants Fund Administered by the Charitable Grants Committee against an annual budget allocation12025'. £220,000, 2024.. £220,000). Grants totalling £206,327 were awarded12024'. £194,224). Millennial Fund Launched in 1995 to receive donations from members of the Company with the aim of bulldlng a significant new charitable fund by the Company's Millennium in 2130. 1 n December 2022 the objectives of the fLJnd were widened to allow it to make exceptlonal 'one-off' charitable donations which fall outside the Scope or budget of the other three designated funds, in order to mark the Company's significant anniversaries. Primary Schools Fund Administered by the Primary Schools Committee 3gainst an annual budget allocation12025.. £60,(KX), 2024,. £60,000). Grant5 totalling £48,420 were awarded12024'. £64,2001. Textile Fund Administered by the Textile Committee against an annual budget allocation12025.. £220,000, 2024.. £220,0001. Grants totalling £201,610 were awarded12024.. £281,455). Summary of designated funds Charitable Grants Millennlal Prlmary Schools Textlle Totsl 2025 2025 2025 2025 2025 Income Voluntary income Investment income Grant allocation from ijnrestricted fund Total Income 82,812 23,322 33,250 287 220,000 253.537 116,062 23,609 500,000 639,671 220,000 220,000 60,000 60,000 106,134 Expenditure Grants per Annual Report Support costs Total expendlture 182,423 23,904 206.327 48,420 201.610 2,057 203,667 432,453 25,961 458,414 48,420 Surplus 13,673 106.134 11,580 49,870 181,257 Income balance b/f Capital balance b/f Investment gains Total designated fund clf 36,827 2,212 65,428 104,467 929,913 117,212 115,298 1,332,849 929,913 117,212 1,153,259 50,500 13,792 18

The Weavers, Company Benevolent FLJnd 31 December 2025 Note5 to the accounts for the year ended 31 De￿mber 2025 Icontlnued} 9, Analy515 of net assets between funds Restricted Fund Deslgnated Funds General Fund Total 2025 2025 2025 2025 Investments Net currellt a5set511liabilitie51 Balance 31 December 2025 1,321,960 16,610,160 17,932,120 10,889 183.878 205,225 1,332,849 16,794,038 18,137.345 10,458 10.458 10. Related partles The Weavers, Company Benevolent Fund and the Weavers, Almshouse Charities are administered by a common Trustee. the Weavers, Company. A portion of the administration charges paid by the Weavers, Company Benevolent Fund is allocated by the Weavers, Company as shown in note 4b. Donations received from Court members amounted to £6,83612024.' £4,940). There were no other transactions with members ol the Court of Assistants comprising the Trustee body. In some cases, these persons held other trusteeships and were, as 3 matter of policy, represented on the governing bodies of beneficiary schools. They did not benefit personally from any grants made and accordingly these grants are not considered to require additional disclosure. 19

The Weavers, Company Benevolent Furjd 31 December 2025 11. Comparative information for the year ended 31 December 2024 lal Statement of Financial Activltles for the Year Ended 31 December 2024 Notes Restricted Unrestricterl Funds Funds Total 2024 2024 2024 Income from.. Donations and legacies 6,625 229,418 236,043 Investment income 837 459,803 460,640 Total income 7,462 689,221 696,683 Expenditure on: Investment m3n3gement fees 52.179 52,179 Charitable activities- Erant making Grants and donations 13,250 555,629 568,879 Support costs of grant making 80,729 80,729 Total expenditure 13,250 688,537 701.787 Net gains on investments 904,226 904,226 Net {expenditurel/ Income for the year 15,7881 904,910 899,122 Reconclllatlon of Funds Funds brou8ht forward 22,312 14,889,582 14,911,894 Funds carried forward 16,524 15.794,492 15,811,016 20

The Weavers, Company eerievolent Fund 31 December 2025 11. Comparative informatlon for the year ended 31 December 2024 Icontinuedl Ibl Summary of designated funds Charitable Grants Mlllennlal Primary Schools Textile Total 2024 2024 2024 2024 2024 Income Voluntary income Investment income Grant allocation from unrestricted fund Total income 25,567 24,159 58,8tx) 3(X) 220.0 279,100 84,367 24.459 500,000 608,826 220,000 220,(K)O 60,000 49,726 60.tl Expenditure Grants per Annual Report Support costs Total expendlture 194,224 64,200 281,455 1,929 283,384 539,879 1,929 541,808 194,224 64,2CKJ SurplusllDeficitl 25,776 49,726 14,2001 14,2841 67,018 Income balance b/f Capital balance blf Investment gains Total deslgnated fund c/f 11,051 6,412 69,712 87,175 832.359 47.828 65,428 1.034,380 832,359 47,828 929,913 36,827 2.212 Icl Analysls of net assets between funds Restricted Fund Designated Funds General Fund Total 2024 2024 2Q24 2024 Investments Net current assets/lliabilitiesl Balance 31 Oecember 2025 1,049,692 14,686,828 15,736,520 115,3121 73,284 74,496 1,034,380 14,760,112 15,811,016 16,524 16,524 21

The Worshipful Company of Weavers THE WEAVERS, COMPANY BENEVOLENT FUND Annual Report for the year ending 31 st December 2025 Charity No. 266189 The Worshipful Company of Weavers Saddlers, House Gutter Lane, London EC2V 6BR

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Summary The income of the Weavers, Company Benevolent Fund may be applied lo any charitable purpose. In 2025 the following funding was provided for the three spending cornmittees.. The Charitable Grants Committee The Textile Committee The Primary Schools Committee £220,000 £220,000 £60,000 Appendices: List of Major Grants App1 List of Annual Awards And Casual Grants App2 List of Textile Awards App3 Summary of Primary School Grants App4 Annual Accounts: This Report forms a part ofthe Annual Accounts, which are bound separately.

Charitsble Grants Committee Report Summary The Charitable Grants Committee focuses on supporting the rehabilitation of offenders, particularly young offenders and other under-represented groups, both in prison and after release and young people from disadvantaged and SOCiO-economically challenged groups. Structure, Governance and Management The Trustee is assisted by a Charitable Grants Committee, comprising both Court members and other members ofthe Weavers, Company (the, Company'l, which meets three times a year, and makes recommendations to the Trustee. Objectivès and Activities Since 2006 the aims of the Charitable Grants Commillee have been to.. (a) Support offenders & ex-offenders (particularly those under 30 years of age) Ib) Help disadvantaged young people. In October 2023 those aims were reviewed and two grant programmes were introduced- a Main Grants Programme arid Small Grants Programme. The primary focus of the Committee is lo: Support offenders into work, particularly young offenders. Help under-represented groups, both in prison and after release. The Committee's secondary focus is to.. Support young people frorn disadvantaged and socio-economically challenged groups. Within the above categories, clear guidelines are published to assist those applying for grants. Guidelines The Company's preference is to fund smaller charilies and those instigating bespoke projects. However, the size of an organisation is not relevant when making an application, but it is important for applicants lo be able to demonstrate the impact any grant awarded would make.

Funding Levels The Small Grants Programme has a cap of £5,000. The Main Grants Programme is uncapped, but applicants are advised to research typical grant sizes previously rnade by the Benevolent Fund by looking at previous Annual Reports on the Charity Commission website. Work the Committee would consider funding: Pump priming where a grant would support a project piloting new approaches and where the grant would form a major element of the funding or where it would be matched by olherfunders. Projects where funding would be for an identified purpose. Overheads associated with a project, e.g. office or secretarial support. Core funding for new projects. Innovative or pioneering work where a project could inspire similar work in other areas of the country. Emergency or deficit funding, in exceptional circumstances, to an organisation wkiich the Cornpany knows well or had previously supported. Work thatfalls outside the guidelines: Universities or colleges. Physical, mental and developmental disabilities, and medical research or medical conditions, including drug and alcohol addiction. Environmental projects. Work in promotion of religious or political causes. Sponsorship, marketing appeals and fundraising aclivilies. Endowment appeals. Work that has been completed, or will be completed, while the application is being considered. Capital projects lo provide compliance with the Disability Discrimination Act. Granls to individuals or to causes that will bènefit only one person, including student grants or bursaries. We will not provide grants to granl-giving charities Organisations working outside the UK, and overseas expedition or travel. Work that should be covered by slatutory funding. Capital Gosts including building work and renovations. Immigration legal fees or visa applications. After school clubs and summer schools

Achievements and Perforrnance Grant maklng actlvities The Trustee allocated income in three ways.. Main Grants. which met the criteria and guidelines for such grants, and which were fully investigated and assessed- Small Grant5, which mel the criteria, but which did require a full assessmenl,. and Casual donations, which fell outside the main criteria, bul which were considered by the Trustee to merit small donation. During the year, the Committee continued with ils policy of preferring one-off projects and keeping its forward commitments to a minimum. Applications 538 appliGations were received from throughoLrt the United Kingdom., from these 16 applications for a Main Grant were formally assessed and 10 awards made. A further 9 grants were awarded for applications not subject lo formal assessment. One further small award was granted Out of Committee. The Company considers applications from all regions of the UK and prospective applicants may download both the Guidelines and Application Form al www.weavers.o -uk. Applicants are strongly urged to study the guidelines arefully before proceeding but many continue lo rely on the lirniled information given in (often oul-datedl directories of grant-giving trusts and consequently submit proposals which do not meet our criteria,. a sad waste oftime and resources. Assessment Visits Members of the Company were invited lo visit charities which had applied for main grants with their reports forming an important part of the assessment process All the projects were of a very high standard and varied from Gommunity-based projects to those involved with offenders and ex-offenders, with the emphasis on the latter category. Many memb&rs keep in touch with the projects, which derive great b6nefit from their personal support. This close involvement is also of great value to the Company.

Monitoring and Evaluation The Company maintains contact with successful applicants and monitors projects through progress reports. Some of the work supported by the Company is also independently evaluated., these reports and evaluations inform grant- making policy and disseminate examples of good prscllce. Future Policy The Trustee regularly reviews its grant-making policy and believes thal work Lrndertaken by charitie5 Wlth the support of the Company is more important today than ever before. It is known that with the right support on release, offenders are less likely to re-offend and the rehabilitation of young offenders, particularly, continues to be an important area where that support is required. Gaining skills that help offenders find work gives them a positive advantage. There are increasingly under-represented groups within the criminal justice sector requiring help and still a need for early intetvention projects to support young, disadvantaged people and to steer them away from involvement in crime. Young people face increasing challenges as they grow up in a fast-moving, complex and rnulli-ethnic, mulli-cullural society. Drug and alcohol abuse remain at alarming levels and an ever-increasing number of young people, even those below the age of 10, face an increased risk of exploitation and involvement with gangs and knife crime. Modern technology, mass production and 50Gial media rnean young people have much higher expectations than in the past and there is intense peer pressure lo acquire what are seen as the Signs of success, particularly on those who are under-achiÉvÉrs, suffering low self-esteem. Against this background, the Trustee acknowledges the continuing and increasing value of the work being carried out by the Charitable Grants Committee. Charitable grants and donations totalling £144,923 were made in 2025. These are listed in Appendices 1 and 2. Alternatives to Custody Project In January 2025, the Company, workin9 Wlth Clinks, convened a national summit of more than 300 professionals from across the women's justice sector and launched a funded competition to design a s¢alable intervention.

Alternatlves to Custody Project, Conl The selected consortium- comprising the Centre for Justice Reform {CJR), The Daddyless Daughters Project CIC, Advance, Birlh Companions, Anawim, One Small Thing and Together Women - is co-designing the programme with input from practitioners and women with lived experience, with implemenlalion planned for 2026127 and independent evaluation by 2029, The project is developing a scalable. evidence-based intervention for young women aged 14-25 who are al risk of entering or becoming entrenched in the criminal justice System, recognising that female custody is often short- term, highly disruptive and disproportionately harmful, with significant intergenerational consequences., the NEST (Nurture, Empower, Support, Thrive) Programme will demonstrate that earlier, relational, community-based support can reduce the use of custody and improve life outcomes at a lower overall cost. The following costs were paid by the Charitable Grants Cornmillee.. Grant to Advance Charity Grant to Clinks for consultancy support Contribution towards the summit, Total cost £22,500 £15,000 £23,904 £61,404 'the summit was also part fLtnded by the Weavers, Company.

Textile Committee Report Summary The Weavers, Company seeks to build on almost nine hundred years of involvement in the craft and manufacture of textiles, especially weaving. The primary aim is to encourage excellence in all spheres of the United Kingdom woven textile industry by identifying, supporting and nurturing exceptional students training for, and young talent working within, the industry. supporting centres of excellence in textile education,. and by reGognising and working with those who have made the most significant contribution to the industry. Structure, Governance and Management The Trustee is assisted by a Textile Committee, comprising both Court members and other members of the Company, which meets twi￿ a year, and makes recommendations to the Trustee. Objectives and Activities The Textile Committee meets regularly to select recipients of scholarships, to assist textile educational establishments in providing the training necessary to properly equip students to work in the modern textile Industry and to make awards to people in industry. Achievements and Perfomiance The scope of the support given continues to grow. From 26 applications received 4 Scholarship Awards for Excellence and 9 Comrnendations were granted. Bursary support was provided for final year students in need, as well as funding for equipment to the Company's group of 5 supported core colleges. The Committee also provided 10 placemenls O'ointly funded by the Clolhworkers, Company) within the textile industry for students recently graduating with a textile- related degree. With the Textile Livery Group, the Comrnittee helped fund a number of inilialives. including UKFT-led schernes, a Sustainability Conference and the development of a new undergraduate Bsc Textiles Technology course at Leeds University. Visits are made to the supported textile establishments to rnonitor the grants that have been Made and lo assess the need for future financial assistance. Efforts are also made lo maintain contact with individuals that have received awards and scholarships. Textile grants and awards lotalllng £201,610 were made in 2025. A summary is at Appendix 3.

Primary Schools Committee Report Summary The Primary Schools Committee supports three London primary schools situated in Lambeth, Southwark and Tower Hamlets. In addition to the financial support, these schools also receive a range of practical assistance from individual Liverymen. Structure, Governance and Management The Trustee is assisted by a Primary Schools Committee, comprising both Court members and other members ofthe Company, which meets three times a year, and makes recommendations to the Trustee. Objectives and Actlvities The overarching objective of the Committee is to provide help in areas of social deprivation and family breakdown, and this is achieved through ils work with Primary Schools. Within London this work centres on Grange School in Bermondsey, Chisenhale School in Tower Hamlets and St. Andrew's Church of England School in Stockwell. Achlevements and Performance Each School has a Liveryman on the Board of Governors and grants are awarded annually to assist the schools in funding projects that are not supported by public funds. The Primary Schools Committee maintains regular contact with the supported Schools. Grants totalling £48,420 were made to Primary Schools in 2025. A list is at Appendix 4. Paul Cattermull Renter Bailiff June, 2026 10

Appendix 1 CHARITABLE GRANTS Maln Grants Programme Charlty Grant £ 3Plllars Project 3Pillars support young men in prison to prepare them for release. An award was granted to further develop the programme and to enable delivery of support through-the-gate and into the community. 10,000 A Fairer Chance A Fairer Chance puts employment al the centre of their work and an award was agreed for the Women's Work Project that particularly supported women with convictions, including those still in Gustody, with both work during ROTL and through-lhe-gate support. 20,000 Bendrigg Trust Bendrigg offered offenders nearing the end of their sentence or on probation the opportunity to attend placemenls at a residential ¢entre in Cumbria to develop practical skills and complete qualifications, enhancing their chances of seGuring training or employment on leaving prison. 5,000 Clink Charity (The) The Clink Training Café provided young people with vocational training in hospitality with beneficiaries gaining qualifications whilst training in a real, public café setting. 5,000 Fine Cell Work Fine Cell Work's Open Gates Project supported ex- offenders working post release in a social enterprise to gain accredited qualifications, hone their skills and have access to bursaries to support further training and self-employment. 5,000 Only A Pavement An award was granted for the Custodial Servi￿8 Away Project that provided outreach support directly into prisons, highlighted job opportunities within the hospitality sector, delivered workshops and employability sessions to build skills and experience, and that supported beneficiaries into work on release. 15,000 Smash Youth Project Smash Youth's 'Solid Ground, project provided training and employment opportunities offering hands- on barista training. customer service skills, and business management opportunities. 5,000 Think Forward Pump-priming funded was awarded for a project that researched and addressed the problems faced by young people at Feltham YOI as they transitioned to mainstream education, training and ernployment and to develop a blLteprint to better support the system currently in place. 16,000 11

CHARITABLE GRANTS Main Grants Programme I Cont Charity Grant £ Taymara Taymara's Sea Change Programme offered offenders close to release the opportunity lo engage in maritime training and lo gain internationally recognised qualifications, with a mix of praclical and academic training provided for up to 50 beneficiaries from HMP Castle Hunlly 13,083 Unlock Pump-priming funding was awarded to support a pilot project to trial a new approach by amplifying the voices of People Convicted of Sexual Offences (PCOSOS) who have successfully rebuilt their lives and reinlegraled into society. Advice and inspiring stories would be Gombined to deliver in-prison training and lo provide tailored information packs for different audienc6S. 14.480 MAIN GRANTS PROGRAMME, 2025 £107,563 12

CHARITABLE GRANTS Small Grants Programme l Out of Committeo Charity Grant£ Eat Club Eat Club worked to address the health and wellbeing of students and provided a Young Chef intervention course where a professional chef engaged with at-risk young people teaching cooking skills. 2,000 Human Rights Solidarity Human Rights Solidarity delivered a workshop and mentoring programme to young immigrants to improve skills and aid integration into society. 2,000 New Ground The Employment Pathway Project delivered by New Foundation (The} Ground provided coffee and barista training to prisoners at HMP Spring Hill and aimed to secure work placements in the coffee industry post-release. 5,000 Rhubarb Fami Rhubarb Farm delivered a 12-week horticultural work placement programme for ex-offenders where participants developed skills and knowledge and improved their wellbeing, 2,000 Communities Welfare Network An award was granted lo Communities Welfare Network to support ex-offenders through employment skills training and volunteering activi118S. 4,500 No Going Back Foundation NGB provides an employment support programme for offenders. Funding was awarded for'Kangaroo'_ screening tool developed to assess a participant's suitability for the programme. 5,000 Purple Shoots Purple Shoots provided support to offenders to enable Business Londing them lo start and run small businesses. Funding was awarded for delivery of a bespoke programme 'Why not start a business" course regularly in two prisons. 5,000 Stratford Literary SLF worked with published children's authors to Festival deliver workshops in prisons teaching prisoners how to write a bedtime story for their children and so building and reinforcing familial bonds. 4,160 Next Chapter Scotland Next Chapter delivers personalised email and phone support for people in Scotland with a conviction for sexual offenGe. 2,500 Sheriffs, & Recorders, Fund Sponsorship of a vignette at 'Justicel Trial & Error, to be presented at the Old Bailey, March 2026. 250 SMALL GRANTS PROGRAMME, 2025 £32,410 13

CHARITABLE GRANTS Appendix 2 Casual Donations Charity Grant £ Alabare 500 ARCH 500 Barton Seagrave Cricket Club Chichester Cathedral 300 500 HAC 300 Haslingfield United Charities James Humphrey, Dulwich College Mansion House Scholarship Scheme Queen Mother's Clothing Guild Snow Drop Trust st Saviour's CofE Primary School Survival International 500 300 300 500 500 500 250 CASUAL DONATIONS, 2025 £4,950 SUMMARY Charitable Grant Donations Main Grants Programme Small Grants Programme Casual Donations Alternatives to Custody grants 107,583 32,410 4,950 37,500 TOTAL GRANTS AND DONATIONS, 2025 £182,423 14

Appendix 3 SUMMARY OF TEXTILE AWARDS The Weaver5' Company Silver Medal The Company's Silver Medal is awarded in recognilion of an individual's Gontribution to the weaving industry in the field of technology, management, education, or the craft of weaving. In 2025 it was awarded to Mr Lance Mitchell in recognition of his outstanding contribution to the Woven Textiles Industry. Awards to Educational Establishments The principal aim of the Weavers, Company is to uphold and enhance its traditions, its fellowship and its assets, allowing them to benefit the weaving and textile industry, the chosen objectives of the Company's charities, and future generations of the Company. In 2007 it was agreed that a small number of colleges offering texlile-related degree courses be identified as centres of ex￿[lence to which the Company's grant giving would be directed. Membership of that group is regularly reviewed and currently comprises De Montfort University, Falmouth University, Glasgow School of Art, Manchester School of Art and Nottingham Trent University. Each of those colleges received support for studonls with a small grant being allocated for them to distribute as bursaries to undergraduates in their final year of study on a textile-related degree courses. The same colleges were also invited to apply for funding to upgrade or renew existing equipment. A wider number of educational establishments offering textile-rèlated degree courses were invited to submit two applications from their cohort of final year students for them to be considered for a Scholarship Award for Excellence. The company received 26 applications and awarded 4 Scholarships and 9 Commendations. Scholarships & Bursaries Scholarships and bursaries totalling £43.000 were awarded to students al.. College Scholarshlp I Commendatlon Bursary De Montfort University Falmouth University Glasgow SGhool ofArt Manchester School of Art Nottingham Trent Univetsity Central Saint Martin's Heriol-walt University University of Brighton University of Huddersfield £500 £2,500 £3,000 £6,000 £3,500 £4,000 £5,000 £500 £500 £3,000 £3,500 £3,500 £2,500 £5,000 Total: £25,500 £17.500 The Company's top scholarship is the Stuart Hollander Scholarship that commemorates the life and work of Stuart Hollander CBE, a member of Ihe Livery, who played a significant part in the UK textile industry. In 2025, the Stuart Hollander Scholarship wa5 awarded to P4legan Beattie from Heriot-watt University. 15

Support for Education Awards: The Support for Education Award helps weaving departments to upgrade or renew existing equipment, purchase new equipment, or enable their students to gain experi&nce of modem technology, and visit rnills and factories. In addition lo capital projects, Support for Education Awards also provide assistance with work experien￿ placements, the purchase of yarns and projects linked to industry which help students prepare for employment. In the academic year, 2025126 awards lotalling £16,570 were made. De Montfort University.. No award Falmouth Universlty.. £4,809 Mill visits & New Designers TC2 Warp Misc. Weaving Equipment Glasgow School of Art.. £4,304 Residential slay al Dijrnfries House- Future Textiles Vvool Revolution Programme Manchester School of Art.. £2,000 Yarn & Fibre Library Nottingham Tront Unlversity- £5,457 Jacquard Vvarp Poinlcarre Licence & Dongle Mill trip, weave studio visits and yarn Industrial Placements This is the 17 year the Weavers, Company has used its industrial contacts to identify textile companies wishing to take on new or recent graduates for a trial period of six months. The Company awards a grant of up lo £7,000 as a contribulion to salary costs, with the balance paid by the employing company. For the 14th year The Clothworkors, Company very kindly agreed lo Match our funding. which enabled us to place 10 students. In 2025 ten placements were awarded tolalling £66,500 Harriet Paulat-Brigg, Holland & Sherry Eilidh Naismith, Holland & Sherry Katie Monteith, Moun7e Weavers Fiona Purdon, Mhairi Textiles Chilhma Tennekoon, Stephen Walters Rebecca Welsh, Johnstons of Elgin Lucy Horner, MacnaughtoKp Holdings Emily Slack, Carl Stuart 8ospoke Tailors Amber Fry, Margo Selby Emily Criddle, Heathcoat Fabrics 16

other Awards Making in in Textiles. In conjunction with the Clothworkers. Company, Drapers, Company, Campaign for Wool, and the Woolmens, Company, the Weavers, Company sponsored a conference in Bradford for final year graduations studying a texlile-related degree. The cost to the Company was £9,786 Rosa Perks (Jacquard Weaving Conference).. £654 New Designers: £3,100 UKFT: Young Textile Technicians Training Fund (YrrTF): £5,000 Sustainability Conference.. £5,000 UKFT Futures Website.. £5,000 Weavers/UKFT Bursary Scheme.. £10,000 Tox+: £10,000 Leeds University, Bsc Textile Innovation & Sustainability Course: £26,500 Fashion & Textiles Children's Trust: £500 SUMMARY Textlle Grants & Donations Scholarship & Bursaries Support for Education Awards Industrial Placements Other Awards 43,000 16,570 66,500 75,540 TOTAL TEXTILE GRANTS, 2025 £201,610 17

PRIMARY SCHOOL GRANTS Appendlx 4 School Grant£ Grange Primary School {Southwarkl Sensory Cabin and Garden Project (£19,500) Head Teacher Coaching (£500, less £780 underspent in 2023) Weavers, Award (£1,000) End of Term Party1£400) £20,620 Chisenhale Primary School ITower Hamlelsl Early Years, Unit Refurbishment (£15,000) Spacerighl Folding Table Seating (£5,000) Weavers, Award1£1,000) End of Term Party (£400) £21,400 SL Andrews Church of England Primary School Istockwell) Smartboards & Whiteboards (£5,000) Weavers, Award (£1,000) End of Term Party (£4001 £6,400 TOTAL PRIMARY SCHOOL GRANTS, 2025 £48,420 18