YOUNG NORFOLK ARTS TRUST
The objects of the charity are to advance the education of young people in Norfolk particularly in the fields of the performing ,literary and visual arts; giving young people from diverse backgrounds many different platforms for performance and exhibition in a wide variety of art forms; and enabling them to learn a variety of educational and life skills through participation in creative activity.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net surplus of £6,774 for the year ended 31 March 2025, with total reserves standing at £31,840. However, the independent examiner's report highlights a material uncertainty regarding future income due to reduced funding availability and increased competition. The trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“The charity’s reserves policy is to commit to expenditure only when sufficient income has been received or formally pledged. The current unrestricted fund balance of £12,019 is held primarily in cash and represents approximately four months of the charity’s total annual expenditure, including both restricted and unrestricted funds.” — page 8
“As described in Note 2.2, there is material uncertainty regarding the charity’s future income due to reduced availability of funding and increased competition for these funds from other charities and charitable trusts.” — page 10
“Lewis Buxton is a trustee of the charity, and also provides, and facilitates, poetry workshops on its behalf. During the year the charity paid £Nil to Lewis (2024: £3,181). These payments are permitted according to the constitution of the charity, and the poet is engaged on the same basis and terms as other artists of similar standing and expertise.” — page 25
“Lucy Farrant is the Director of the charity, and considered part of the key management personnel. She is engaged on a consultancy basis and was paid £8,361 during the year (2024: £26,480).” — page 25
“Lewis Buxton is a trustee of the charity, and also provides, and facilitates, poetry workshops on its behalf. During the year the charity paid £Nil to Lewis (2024: £3,181). These payments are permitted according to the constitution of the charity, and the poet is engaged on the same basis and terms as other artists of similar standing and expertise.” — page 25
“Lucy Farrant is the Director of the charity, and considered part of the key management personnel. She is engaged on a consultancy basis and was paid £8,361 during the year (2024: £26,480).” — page 25
Register events
- Received assets from another charity (25/04/2023)
Trustees
- Naomi Ruth Palmer
- Rachel Mary Courtney Quick Butwright BA,MA
- Steffan Daniel Anderson Griffiths
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £39k | £32k |
| 31/03/2024 | £36k | £93k |
| 31/03/2023 | £82k | £115k |
| 31/03/2022 | £125k | £109k |
| 31/03/2021 | £124k | £93k |
Common questions
Is YOUNG NORFOLK ARTS TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net surplus of £6,774 for the year ended 31 March 2025, with total reserves standing at £31,840. However, the independent examiner's report highlights a material uncertainty regarding future income due to reduced funding availability and increased competition. The trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were independently examined.
Who funds YOUNG NORFOLK ARTS TRUST?
Funders whose own accounts filings name YOUNG NORFOLK ARTS TRUST as a grant recipient include NORFOLK AND NORWICH FESTIVAL TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| NORFOLK AND NORWICH FESTIVAL TRUST | FY2022 | £25k | Festival Bridge grant funding |
| NORFOLK AND NORWICH FESTIVAL TRUST | FY2021 | £25k | Towards activities of Local Cultural Education Partnerships |
| NORFOLK AND NORWICH FESTIVAL TRUST | FY2023 | £2k | Festival Bridge grant funding |
| NORFOLK AND NORWICH FESTIVAL TRUST | FY2023 | £2k | Towards activities of Local Cultural Education Partnerships |