KING'S LYNN FESTIVAL LIMITED
The promotion, maintenance, improvement and advancement of public education, appreciation and understanding through the arts particularly by the promotion and production of plays, recitals, concerts and the like and in particular by the organisation, promotion and production of the King's Lynn Festival of Music and the Arts.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves total £99,890, which the trustees consider sufficient to meet financial objectives for one year. The charity reports a net income surplus of £31,034 for the year, driven by increased festival income, though direct costs rose by 25%. The trustees identify a significant risk regarding the lack of secure medium-term income from grants and trusts.
What the accounts disclose
“Trustees aim to have sufficient reserves to enable the charity to meet its financial objectives for one year.” — page 4
“The trustees consider the lack of a sufficient and secure medium term rolling income from trusts and public grants is the most significant risk, and continue to take all possible steps to secure the continuation of the Festival.”
“The increased liability of £81,000 has been fully provided for in the balance sheet.” — page 18
Register events
- Received assets from another charity (21/12/2023)
Trustees
- Adrian Gerard PARKER MA,MSc,DMSchair
- ALISON JANE CROOSE
- ANTHONY JOHN WILLIAMS
- Amelia Jill Bennett
- DAVID COLLINGHAM
- Dr ROBERT ANDERSON
- Lesley Bambridge
- Sylvia Cliffe
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £292k | £261k |
| 31/03/2024 | £267k | £234k |
| 31/03/2023 | £224k | £232k |
| 31/03/2022 | £236k | £207k |
| 31/03/2021 | £24k | £41k |
Common questions
Is KING'S LYNN FESTIVAL LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves total £99,890, which the trustees consider sufficient to meet financial objectives for one year. The charity reports a net income surplus of £31,034 for the year, driven by increased festival income, though direct costs rose by 25%. The trustees identify a significant risk regarding the lack of secure medium-term income from grants and trusts. Its FY2025 accounts were independently examined.
Who funds KING'S LYNN FESTIVAL LIMITED?
Funders whose own accounts filings name KING'S LYNN FESTIVAL LIMITED as a grant recipient include NORFOLK COMMUNITY FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| NORFOLK COMMUNITY FOUNDATION | FY2024 | £39k | To begin a young people's participation programme with school students and families called Bridging the Gap. |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BACKSTAGE TRUST | 2 | £500k |
| THE MARCHUS TRUST | 2 | £12k |
| THE GOLSONCOTT FOUNDATION | 2 | £2k |
| AL Philanthropies | 1 | £8.3m |
| CYNGOR CELFYDDYDAU CYMRU | 1 | £1.9m |
| THE JOHN R. MURRAY CHARITABLE TRUST | 1 | £205k |
| COLWINSTON CHARITABLE TRUST | 1 | £100k |
| THE WESTMINSTER FOUNDATION | 1 | £100k |
Charities like this
- KEYNSHAM MUSIC FESTIVAL ASSOCIATION LTD
- NEWCASTLE THEATRE ROYAL TRUST LIMITED
- THE LOWRY CENTRE TRUST
- WILTONS MUSIC HALL
- THEATR CLWYD TRUST LTD
- MADDERMARKET THEATRE TRUST LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| KING'S LYNN FESTIVAL LIMITED | £292k | — | 0 | above | — | noted |
| KEYNSHAM MUSIC FESTIVAL ASSOCIATION LTD | £105k | — | 0 | unclear | — | noted |
| NEWCASTLE THEATRE ROYAL TRUST LIMITED | £16.3m | — | — | unclear | — | no doubt |
| THE LOWRY CENTRE TRUST | £30.5m | — | — | above | — | no doubt |
| WILTONS MUSIC HALL | £2.5m | £60,001 - £70,000 | 1 | within | — | no doubt |
| THEATR CLWYD TRUST LTD | £8.8m | — | — | unclear | — | no doubt |