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NORWICH ARTS CENTRE LIMITED

Registered charity 274803 · accounts filings on the Charity Commission register

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Latest income
£1.1m
Latest spending
£1.1m
Registered
1978
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a modest surplus of £9,076 for the year ended 31 March 2025, with total income of £1,084,705 against expenditure of £1,166,166. The trustees confirm the charity is in relatively strong health and has adequate resources to continue as a going concern, supported by secured funding from Arts Council England until at least March 2027.

What the accounts disclose

Reserves policy: £50k - £70k (medium term target £85k by March 2028) (held: £99k)
“The free reserves target is £50k - £70k which is in line with the NPO forecast for the next two years. The trustees are comfortable with the year end level of free reserves, however, they consider that reserves need to rise in the medium term and they have set a target of £85k to be achieved by March 2028.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Larking Gowen LLP. Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£1.1m
Total spending
£1.1m
Cost of raising funds
£208k
Reserves (reported)
£99k
Employees
28

Reported reserves equal ~1.1 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Norfolk

Income and spending

Financial year endIncomeSpending
31/03/2025£1.1m£1.1m
31/03/2024£1.2m£1.2m
31/03/2023£971k£1.0m
31/03/2022£792k£787k
31/03/2021£494k£429k

Common questions

Is NORWICH ARTS CENTRE LIMITED financially healthy?

The accounts state that the charity reported a modest surplus of £9,076 for the year ended 31 March 2025, with total income of £1,084,705 against expenditure of £1,166,166. The trustees confirm the charity is in relatively strong health and has adequate resources to continue as a going concern, supported by secured funding from Arts Council England until at least March 2027. Its FY2025 accounts were audited by Larking Gowen LLP.