ROYAL NORFOLK AGRICULTURAL ASSOCIATION
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net surplus before investment gains of £36,511 for the year ended 31 December 2023, with total unrestricted funds standing at £6,924,372. Per the trustees' report, free reserves of £2,527,695 exceeded the stated policy target of £1,000,000, and the trustees confirmed sufficient funds exist to continue as a going concern through 2025.
What the accounts disclose
“The Trustees have assessed that free reserves of £1,000,000 should be maintained to cover the full overheads of the business for 12 months” — page 10
“During the year purchases were made from Crown House Flowers of £Nil (2022: £113).”
Leadership, per the charity’s website
- Robert Alston — Chairman
- Mark Nicholas — Chief Executive Officer
- Simon Hickling MVO — Vice Chairman
- Laurie Hill — Finance Director
Funders the charity credits
- The Royal Norfolk Show
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Robert Collison Alstonchair
- Andrew Spinks
- Christopher Nix
- Dr Catherine Richards
- Dr Jonathan Howard Clarke
- Emily Norton
- LAURIE ANGUS JAMES PATERSON HILL
- Michael Alfred Harrowven
- Simon James Hickling
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £4.0m | £3.5m |
| 31/12/2023 | £3.0m | £3.0m |
| 31/12/2022 | £2.9m | £2.7m |
| 31/12/2021 | £4.4m | £1.2m |
| 31/12/2020 | £532k | £1.2m |
Common questions
Is ROYAL NORFOLK AGRICULTURAL ASSOCIATION financially healthy?
The accounts state that the charity reported a net surplus before investment gains of £36,511 for the year ended 31 December 2023, with total unrestricted funds standing at £6,924,372. Per the trustees' report, free reserves of £2,527,695 exceeded the stated policy target of £1,000,000, and the trustees confirmed sufficient funds exist to continue as a going concern through 2025. Its FY2023 accounts were audited by MA Partners Audit LLP.
Who funds ROYAL NORFOLK AGRICULTURAL ASSOCIATION?
Funders whose own accounts filings name ROYAL NORFOLK AGRICULTURAL ASSOCIATION as a grant recipient include ALAN BOSWELL GROUP CHARITABLE TRUST, THE RED SOCKS CHARITABLE TRUST, LILIAN FRANCES HIND BEQUEST (TRUSTEES OF LADY HIND).
Known funders
| Funder | Year | Amount |
|---|---|---|
| ALAN BOSWELL GROUP CHARITABLE TRUST | FY2025 | £25k |
| THE RED SOCKS CHARITABLE TRUST | FY2023 | £6k |
| LILIAN FRANCES HIND BEQUEST (TRUSTEES OF LADY HIND) | FY2024 | £5k |
| THE RED SOCKS CHARITABLE TRUST | FY2024 | £5k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE BANISTER CHARITABLE TRUST | 1 | £341k |
| ROYAL SOCIETY OF WILDLIFE TRUSTS | 1 | £271k |
| THE PRUDENCE TRUST | 1 | £40k |
| THE GEOFFREY WATLING CHARITY | 1 | £40k |
| THE RANWORTH TRUST 1985 | 1 | £15k |
| THE LESLIE MARY CARTER CHARITABLE TRUST | 1 | £10k |
| THE PAUL BASSHAM CHARITABLE TRUST | 1 | £5k |
| MISS W E LAWRENCE 1973 CHARITABLE SETTLEMENT | 1 | £3k |