NORWICH FILM FESTIVAL
TO ADVANCE AND PROMOTE THE HIGH STANDARDS OF THE ART OF CINEMA, VISUAL ART AND CINEMATOGRAPHY FOR THE BENEFIT OF THE PUBLIC IN AND AROUND THE NORFOLK AREA BY PROVIDING AND PROMOTING A PROGRAMME OF SCREENINGS OF FILMS BY INTERNATIONAL, NATIONAL & LOCAL FILM-MAKERS AND ASSOCIATED EVENTS TO ENCOURAGE THE PUBLIC TO ENGAGE WITH, AND EDUCATE THE PUBLIC ON, THE ART OF CINEMA, VISUAL ART & CINEMATOGRAPHY
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds decreased from £32,077 to £10,812 due to a net expenditure of £21,265 against incoming resources of £41,427. The trustees report a reasonable expectation of adequate resources for the foreseeable future, maintaining the going concern basis. The reserves policy is focused on meeting total creditors falling due, adhering to the CBI’s Prompt Payers’ Code.
What the accounts disclose
“The Trustees always aim to hold sufficient reserves to meet the total of creditors falling due. The policy concerning the payment of trade creditors is to follow the CBI’s Prompt Payers’ Code” — page 6
Trustees
- Dr KEITH MARK JOHNSTONchair
- Beth Sowersby
- Debbie Gray
- Dr Ellie Nixon
- Robert Charles Marjoram
- Thomas Martin
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/11/2024 | £41k | £63k |
| 30/11/2023 | £56k | £53k |
| 30/11/2022 | £64k | £56k |
| 30/11/2021 | £55k | £65k |
| 30/11/2020 | £52k | £41k |
Common questions
Is NORWICH FILM FESTIVAL financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds decreased from £32,077 to £10,812 due to a net expenditure of £21,265 against incoming resources of £41,427. The trustees report a reasonable expectation of adequate resources for the foreseeable future, maintaining the going concern basis. The reserves policy is focused on meeting total creditors falling due, adhering to the CBI’s Prompt Payers’ Code. Its FY2024 accounts were independently examined.