ROYAL SCHOOL OF NEEDLEWORK(THE)

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Buzzacott Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Council has concluded that there are no material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The Council is of the opinion that the charity will have sufficient resources to meet its liabilities as they fall due.”

Group structure

1. ROYAL SCHOOL OF NEEDLEWORK(THE) · parent
   1. RSN Enterprises Limited 100% · England and Wales · Commercial and retail activities, including the RSN Studio.

Significant events

• “A key part of our renewal is our Fragile Threads programme, which moved from concept to reality with the first project starting in October 2025. It will help test different ways of working and has collaboration at its core.”
• “In January 2025 the National Lottery Heritage Fund approved a grant of 247,000 for the Fragile Threads programme.”
• “In December 2024, the Big Give Christmas Challenge raised nearly 13,000 for the RSN Stitch Bank. In December 2025, over 32,000 was raised for the Collection and Archive.”
• “In August, Stitched Together: Needlework Research and Making, the RSN's first conference, was hosted.”
• “Our first International Summer School Study Days took students behind the scenes of London's textile history.”
• “In October 2025 we welcomed our first collaborative PhD student, co-supervised with De Montfort University, on Embroidering Empire.”
• “Our exhibition Tales of Textiles: The RSN Collection in Focus ran from September 2024 June 2025 and showcased 50 objects spanning 350 years and four continents.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  —

  Not reported

• Cash

  +12.4%

  £249,776 → £280,671

• Net assets

  -17.3%

  £4,852,165 → £4,011,116

• Employees

  0%

  64 → 64

• Profit before tax

  -37.2%

  -£477,417 → -£654,912

• Wages

  +9.4%

  £1,840,385 → £2,012,865

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers