NEW CUT ARTS
The object of the charity is to advance education in the arts in Suffolk and Norfolk
Objects
3.1 TO ESTABLISH AN ARTS CENTRE;3.2 TO RECLAIM, REPAIR, RESTORE, PRESERVE, CONSERVE, REFURNISH AND RECONSTRUCT AS AND WHERE AND WHEN NECESSARY AN HISTORIC AND UNUSED BUILDING KNOW AS MALTINGS, NEW CUT, HALESWORTH;3.3 TO ADVANCE EDUCATION OF YOUNG PEOPLE UNDER 25;3.4 TO PROVE TRAINING, COURSES, WORKSHOPS IN ALL ASPECTS OF PERFORMING AND FINE ARTS AND MEDIA STUDIES LEADING TO EDUCATIONAL QUALIFICATIONS;3.5 TO PROVIDE COMMUNITY ARTS PROGRAMMES TO MEET THE NEEDS OF THE WHOLE COMMUNITY;3.6 TO DEVELOP AND ENCOURAGE YOUTH PROGRAMMES TO MEET THE NEEDS OF THE WHOLE COMMUNITY;3.7 TO DEVELOP AND ENCOURAGE YOUTH PROGRAMMES IN ALL AREAS OF ARTS, DANCE AND MEDIA;3.8 TO ATTRACT WIDER AUDIENCES NATIONALLY AND INTERNATIONALLY3.9 TO ATTRACT WIDER PERFORMANCES FROM TRAVELLING GROUPS AND INTERNATIONAL EXCHANGE PROGRAMMES.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £654,492, which is below the stated policy target of six months of recurring operating costs. The charity reported a net expenditure of £49,935 for the year, resulting in a decrease in total funds from £785,928 to £735,993. Despite this reduction, the trustees confirmed adequate resources for the foreseeable future.
What the accounts disclose
“the operating reserve ('Core Costs') is set at a minimum of six months of recurring operating costs”
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints policy and procedures
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Register events
- Received assets from another charity (07/03/2012)
Trustees
- ANTHONY CASEMENT
- Alison Mary Dudeney
- Beth Keys Holloway
- DEAN PARKIN
- Eleanor Rodwell
- Gabrielle Maughan
- MS SUSIE BAILEY
- Naomi Francesca Jaffa
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £281k | £331k |
| 31/03/2024 | £207k | £254k |
| 31/03/2023 | £181k | £246k |
| 31/03/2022 | £148k | £112k |
| 31/03/2021 | £271k | £171k |
Common questions
Is NEW CUT ARTS financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £654,492, which is below the stated policy target of six months of recurring operating costs. The charity reported a net expenditure of £49,935 for the year, resulting in a decrease in total funds from £785,928 to £735,993. Despite this reduction, the trustees confirmed adequate resources for the foreseeable future. Its FY2025 accounts were independently examined.
Who funds NEW CUT ARTS?
Funders whose own accounts filings name NEW CUT ARTS as a grant recipient include THE THEATRES TRUST CHARITABLE FUND.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE THEATRES TRUST CHARITABLE FUND | FY2022 | £5k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 22/01/2026 | £10k | THE CUT REFIT |
| The National Lottery Community Fund | 23/01/2025 | £8k | The Cut Skylight Replacement |
| The National Lottery Heritage Fund | 18/01/2016 | £65k | "Halesworth Maltings Heritage Experience (aka MALT)" |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE YOUTH ENDOWMENT FUND CHARITABLE TRUST | 1 | £543k |
| IMPETUS - THE PRIVATE EQUITY FOUNDATION | 1 | £111k |
| Norwich Freemen's Charity | 1 | £10k |
Charities like this
- NORWICH ARTS CENTRE LIMITED
- NEWCASTLE ARTS CENTRE TRUST LTD
- ALL ARTS & MEDIA LTD
- EAST ANGLIA ART FUND
- NORFOLK AND NORWICH FESTIVAL TRUST
- NEW CURATORS
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| NEW CUT ARTS | £281k | — | 0 | unclear | — | no doubt |
| NORWICH ARTS CENTRE LIMITED | £1.1m | — | 0 | unclear | — | no doubt |
| NEWCASTLE ARTS CENTRE TRUST LTD | £175k | — | 0 | unclear | — | no doubt |
| ALL ARTS & MEDIA LTD | £99k | — | 0 | unclear | — | no doubt |
| EAST ANGLIA ART FUND | £101k | — | 0 | unclear | — | no doubt |
| NORFOLK AND NORWICH FESTIVAL TRUST | £1.9m | £80,001 - £90,000 | 1 | above | — | no doubt |