Farfield Mill is owned and run by Farfield Mill Limited, a charitable Community Benefit Society.

We are proud to be a cooperative organisation, owned and run by our members for the benefit of the wider community. As a charity we are subject to an asset lock, and (apart from receiving modest interest on their investment, if we can afford it) our members themselves do not profit from our activities.

As an organisation we exist to honour and preserve Farfield Mill’s textile heritage providing a hub for creative enterprises, engaging the visiting public with and fostering in them an appreciation of weaving and other traditional and contemporary art and craft, and giving them an understanding of the significance of the heritage of the local wool industry.

Farfield Mill converted from a charitable company in 2018 and launched a community share offer which raised nearly £250,000 from private investors and matched funding of £100,000 from Coops UK: Power to Change. The money raised went to pay off a significant portion of the mortgage on the Mill and to invest to give Farfield Mill a sustainable future.

As a charitable Community Benefit Society we are regulated by the Financial Conduct Authority: you can find more information about Farfield Mill Ltd, such as our rules, who our directors are and our statutory reports on the FCA website here.