SOUTHWOLD ARTS FESTIVAL
Organising and promoting Southwold Arts Festival for the public benefit
Financial health, per its FY2025 accounts
The accounts state that the 2024 festival made a significant loss of £8,520, marking the first such deficit since its inception in 2014. The trustees report that finance remains an area for attention due to rising performer fees and challenging sponsorship conditions. However, they remain confident that current reserves are sufficient to continue activities for another year.
What the accounts disclose
“Reserves are needed to meet the working capital requirements of the charity and the trustees are reasonably confident that at the present level they would be able to continue the current activities of the charity for another year.” — page 6
Trustees
- Clyde Camburn
- Dominic Parravani
- Linda Mary Le Versha
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £31k | £39k |
| 31/03/2024 | £45k | £43k |
| 31/03/2023 | £49k | £41k |
| 01/04/2022 | £4 | £3k |
| 01/04/2021 | £26 | £256 |
Common questions
Is SOUTHWOLD ARTS FESTIVAL financially healthy?
Per its FY2025 accounts: The accounts state that the 2024 festival made a significant loss of £8,520, marking the first such deficit since its inception in 2014. The trustees report that finance remains an area for attention due to rising performer fees and challenging sponsorship conditions. However, they remain confident that current reserves are sufficient to continue activities for another year. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 13/03/2020 | £9k | Southwold Arts Festival |