NORFOLK AND NORWICH FESTIVAL TRUST
Registered charity 1164424 · accounts filings on the Charity Commission register
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net expenditure of £233,185 for the year, resulting in a decrease in total consolidated funds to £673,275. The trustees note that the free reserves of £248,282 are sufficiently close to the stated target of £250,000, which represents three months of average organisational costs. The filing confirms that the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
Reserves position: below the charity's own stated reserves policy
“The trustees consider that the free reserves of £248,282 are sufficiently close to the reserves target.” — page 15
Per its FY2023 accounts as filed with the Charity Commission.
Accounts audited by Price Bailey LLP.
Structured financials (annual return, FY ending 31/12/2024)
Cost of raising funds
£212k
Reported reserves equal ~1.5 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).
Register events
- Received assets from another charity (04/05/2017) — per the register’s event history; asset transfers typically record mergers or reorganisations.
Trustees
- Julia Bates
- Julia Elizabeth Carruthers · trustee of 1 other charity
- Kate Heyman · trustee of 1 other charity
- Maddie Exton
- Marc David Naveed Jaffrey
- Martin Ambrose Mitchell
- Paige Olivia Gouldthorpe
- Professor Fiona Elaine Lettice
- Richard Nicholas Laurence Ross
- Tafadzwa Gladmore Kativu
Trustee list from the Charity Commission register (current, not historical).
Operates in: Norfolk
Income and spending
Common questions
Is NORFOLK AND NORWICH FESTIVAL TRUST financially healthy?
The accounts state that the charity reported a net expenditure of £233,185 for the year, resulting in a decrease in total consolidated funds to £673,275. The trustees note that the free reserves of £248,282 are sufficiently close to the stated target of £250,000, which represents three months of average organisational costs. The filing confirms that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2023 accounts were audited by Price Bailey LLP.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.
Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with EAST ANGLIA ART FUND.