CITY OF NORWICH ATHLETIC CLUB
The advancement of amateur sport by promoting athletics for the benefit of the inhabitants of Norwich and the surrounding area. The provision of facilities for the coaching and performance of athletics for the benefit of the inhabitants of Norwich and the surrounding area with the object of improving the condition of life of the said inhabitants.
Financial health, per its FY2025 accounts
The accounts state that receipts totalled £98,128 against expenditure of £90,831, resulting in a surplus of £7,297 for the year. Year-end bank balances increased to £151,387, which the Board of Trustees considers to be a satisfactory financial position. The charity maintains a reserves policy targeting six months of operating costs, currently valued at £62,166.
What the accounts disclose
“the club should maintain a minimum level of funds to cover its normal operating costs for a sixmonth period including event cancellations; this currently amounts to £62,166.”
Trustees
- HUGH CARL McGILL
- Peter Mahoney
- RICHARD BRUCE POLLEY
- Sarah Elizabeth Thomas
- TONY BRADFIELD
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £98k | £91k |
| 31/12/2024 | £77k | £64k |
| 31/12/2023 | £82k | £73k |
| 31/12/2022 | £70k | £67k |
| 31/12/2021 | £76k | £81k |
Common questions
Is CITY OF NORWICH ATHLETIC CLUB financially healthy?
Per its FY2025 accounts: The accounts state that receipts totalled £98,128 against expenditure of £90,831, resulting in a surplus of £7,297 for the year. Year-end bank balances increased to £151,387, which the Board of Trustees considers to be a satisfactory financial position. The charity maintains a reserves policy targeting six months of operating costs, currently valued at £62,166. Its FY2025 accounts were independently examined.