Gorleston Pavilion Trust Ltd
The Charity is responsible for the restoration of the building and to ensure that the building is protected as a hub for arts, culture and heritage.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £58,265 for the year, resulting in total funds decreasing to £37,094. The independent examiner noted that the charity relies heavily on a trading subsidiary which reported losses and negative reserves, indicating a need to increase reserves to continue operations. Despite these challenges, the trustees maintain that no material uncertainties exist regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Total incoming resources 135,839”
“The financial statements have been prepared on a going concern basis as the Trustees believe that no material uncertainties exist. The Trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements and are actively seeking new sources of funding and believe they are sufficient for the Charitable company to continue as a going concern.” — page 9
“During the year a management charge and other re-charges of £52,173 (2024 £2,147) was charged to Gorleston Pavilion Theatre Ltd, a wholly owned subsidiary of the company.” — page 14
“During the year donations totalling £11,859 were received from Gorleston Pavilion Theatre Ltd, these are included in donations on the SOFA.” — page 14
“During the year a management charge and other re-charges of £52,173 (2024 £2,147) was charged to Gorleston Pavilion Theatre Ltd, a wholly owned subsidiary of the company.” — page 14
“During the year donations totalling £11,859 were received from Gorleston Pavilion Theatre Ltd, these are included in donations on the SOFA.” — page 14
“During the year a management charge and other re-charges of £52,173 (2024 £2,147) was charged to Gorleston Pavilion Theatre Ltd, a wholly owned subsidiary of the company.” — page 14
“During the year donations totalling £11,859 were received from Gorleston Pavilion Theatre Ltd, these are included in donations on the SOFA.” — page 14
“The charity relies heavily on non-restricted funding from its own trading subsidiary which reported losses of £95,436 and negative reserves of £101,393 at 31 March 2025.” — page 6
Funders the charity credits
- The Architectural Heritage Fund
- National Lottery Community Fund
- Great Yarmouth Borough Council
- Theatres Trust
Property (HM Land Registry)
Trustees
- Daniel Thomas Sturman
- Joshua John Kirk Pickering
- Nathan Phillip Moore
- Sarah Louise Peach
- Thomas George Haczewski
- Timothy John Wardley
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £136k | £194k |
| 31/03/2024 | £69k | £72k |
| 31/03/2023 | £20k | £9k |
| 31/07/2022 | £21k | £6k |
| 31/07/2021 | £32k | £42k |
Common questions
Is Gorleston Pavilion Trust Ltd financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £58,265 for the year, resulting in total funds decreasing to £37,094. The independent examiner noted that the charity relies heavily on a trading subsidiary which reported losses and negative reserves, indicating a need to increase reserves to continue operations. Despite these challenges, the trustees maintain that no material uncertainties exist regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.