Norfolk and Norwich SEND Association
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net deficit of £30,541 for the year ended 31 March 2025, driven by a significant deficit on restricted funds. Per the trustees' report, free reserves stood at £413,150, which is below the stated policy target of approximately £455,776 (equivalent to three months of annual expenditure). Despite this, the trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“The policy is to build up a level of reserves that is equivalent to approximately 3 months of annual expenditure. This figure is currently assessed as £455,776” — page 12
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (07/06/2022)
Trustees
- Elaine Mitchell
- GILLIAN DOY
- John Sorrell
- Lisa Snary
- Margaret Smith
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.8m | £1.8m |
| 31/03/2024 | £1.8m | £1.7m |
| 31/03/2023 | £1.7m | £1.6m |
| 31/03/2022 | £1.6m | £1.4m |
| 31/03/2021 | £1.4m | £1.2m |
Common questions
Is Norfolk and Norwich SEND Association financially healthy?
The accounts state that the charity incurred a net deficit of £30,541 for the year ended 31 March 2025, driven by a significant deficit on restricted funds. Per the trustees' report, free reserves stood at £413,150, which is below the stated policy target of approximately £455,776 (equivalent to three months of annual expenditure). Despite this, the trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were audited by MA Partners Audit LLP.