NORFOLK MUSEUMS DEVELOPMENT FOUNDATION
THE FOUNDATION ASSISTS NORFOLK MUSEUMS SERVICE AND ITS PARTNERS TO SECURE FUNDING TO SUPPORT THE CARE AND DEVELOPMENT OF THE OUTSTANDING COLLECTIONS AND HISTORIC BUILDINGS CARED FOR BY THE SERVICE, AND TO DELIVER A WIDE RANGE OF ACTIVITIES INCLUDING EXTENSIVE FORMAL AND INFORMAL LEARNING PROGRAMMES, SKILLS DEVELOPMENT AND VOLUNTEERING OPPORTUNITIES, PUBLIC EXHIBITIONS AND EVENTS.
Financial health, per its FY2025 accounts
The accounts state that the Foundation's financial position remains strong, with total net assets of £1,715,796 as of 31 March 2025. The Trustees confirmed that the majority of funds held are restricted, resulting in very modest free reserves, and consequently, no specific reserves policy is currently stated. The audit concluded that there are no material uncertainties related to the entity's ability to continue as a going concern.
What the accounts disclose
Corporate structure
- Registered company of the charity Companies House 09027498
Company officers (Companies House)
- HORDERN, James Hugh, Dr not on trustee list
- WATERS, Alan Henry not on trustee list
- SAUL, Nancy Catherine Iliff not on trustee list
- HEMEN, Alexandra on trustee list
- SWEETING, Tim Joseph on trustee list
- WILLIAMS, Caroline Elizabeth on trustee list
- WILSON, Helen Rosemary not on trustee list
- CHESSUM, Donna Lee on trustee list
- MISSEN, David Christopher on trustee list
- STEED, Sarah Jane on trustee list
- MISSEN, David
Structured financials (annual return, FY ending 31/03/2023)
Trustees
- Alexandra Hemen
- Caroline Elizabeth Williams
- DAVID CHRISTOPHER MISSEN
- Donna Lee Chessum
- HELEN WILSON ROSEMARY
- Sarah Jane Steed
- TIM JOSEPH SWEETING
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £166k | £223k |
| 31/03/2024 | £54k | £39k |
| 31/03/2023 | £537k | £201k |
| 31/03/2022 | £1k | £503k |
| 31/03/2021 | £18k | £2k |
Common questions
Is NORFOLK MUSEUMS DEVELOPMENT FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the Foundation's financial position remains strong, with total net assets of £1,715,796 as of 31 March 2025. The Trustees confirmed that the majority of funds held are restricted, resulting in very modest free reserves, and consequently, no specific reserves policy is currently stated. The audit concluded that there are no material uncertainties related to the entity's ability to continue as a going concern. Its FY2025 accounts were audited by MA Partners Audit LLP.