Finance Score: -4

Governance Score: 3

Support Score: 3

Liabilities <10%: +3
Multiple Deficits: -2
Fundraising costs high: -5

Gender balanced board: +3

Grant maker support: +3

Overall GiG Score: 2

THE FORUM TRUST LIMITED

Management of the landmark Forum building. Staging of events for the public as well as being a venue for other organisations to put on exhibitions and events with a focus on science, technology, learning and community.

Analysis by Giving is Great

Positives:

The charity has received backing from a grant maker
This charity has a robust balance sheet
The Board appears to be well diversified in terms of gender

Financial issues to consider:

On several occasions in recent years income has been less than spending
Fundraising costs are extremely high relative to funds raised

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/03/23		£3,425	£4,124	£-700	£266	£26,386	£3,931	11.4	43	125
31/03/22		£3,057	£3,730	£-673	£423	£27,086	£3,651	11.7	42	102
31/03/21		£2,155	£3,381	£-1,227	£993	£27,254	£3,404	12.1	44	6
31/03/20		£2,960	£3,973	£-1,013	£498	£28,481	£3,644	11	56	56
31/03/19		£2,895	£3,612	£-717	£451	£29,494	£3,595	11.9	59	113
31/03/18		£2,795	£3,568	£-773	£441	£30,212	£3,334	11.2	27	0
31/03/17		£2,480	£3,240	£-760	£415	£30,892	£3,165	11.7	31	0
31/03/16		£2,500	£3,207	£-707	£345	£31,745	£3,158	11.8	27	0
31/03/15		£2,355	£3,159	£-804	£422	£32,452	£3,048	11.6	24	0
31/03/14		£2,278	£3,106	£-827	£387	£33,256	£2,866	11.1	23	0
31/03/13		£2,342	£3,068	£-726	£456	£34,083	£31,194	122	26	0
31/03/12		£2,272	£3,196	£-924	£479	£34,809	£2,867	10.8	29	0
31/03/11		£2,269	£3,267	£-998	£530	£35,734	£2,902	10.7	26	0
31/03/10		£2,316	£3,265	£-949	£566	£36,732	£3,025	11.1	26	0
31/03/09		£2,855	£3,430	£-575	£661	£37,681	£3,100	10.8	24	0
31/03/08		£3,094	£3,367	£-272	£720	£38,256	£2,848	10.2	26	0
31/03/07		£3,290	£2,965	£325	£763	£38,528	£2,600	10.5	27	0
31/03/06	*	£2,674	£2,662	£12	£0	£0	£0	n/a	0	0
31/03/05	*	£4,083	£3,752	£331	£0	£0	£0	n/a	0	0
31/03/04		£2,669	£3,075	£-406	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 612.1%
Fundraising Costs/Total Spending: 46.5%
Senior Staff Costs/Total Spending: 2%
Highest pay band: £80,000-£90,000
Liabilities/Assets: 4%
Liabilities/Income: 29%
Unrestricted Funds/Total Funds: 15%
Reserves/Spending: 11.4 months
Net Current Assets/Spending: 13 months
Quick Ratio: 4.2

Asset Split ?

Established: 25 years

www.theforumnorwich.co.uk

info@theforumnorwich.co.uk

01603 727950

Charity Commission for England and Wales

Tweets

Listed activities

Arts/Culture/Heritage/Science
Economic/Community Development/Employment
Education/Training
Environment/Conservation/Heritage
Recreation

GiG Classification

Performing and visual arts

How it operates

Provides buildings/facilities/open space

Where it operates

Norfolk,

Who it helps

The General Public/Mankind

Who works here?

43 employees
125 volunteers

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations

Amount	When Months	To be used for
DCMS - The Forum Trust
£224,005	01/04/2020	To support Arts and Culture throughout England
National Lottery Heritage Fund - Grant to The Forum Trust Ltd
£90,000	30/06/2016	Norfolk in the First World War: The Somme to Armistice

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (11)

Current Trustees appointed

Gender Split

Age Range of Trustees: 51-71

JEREMY LAURENCE WHITE Appointed: 2022, Occupation: Principal And Ceo, Further Education

PROFESSOR SIMON OFIELD-KERR Appointed: 2021, Occupation: Vice-Chancellor Of Norwich University Of The Arts

SUSAN ELIZABETH GUEST Appointed: 2017, Occupation: Company Director

CLLR CLAIRE KIDMAN Appointed: 2024, Other trusteeship: FRERE ROAD COMMUNITY ASSOCIATION,

DAVID JOHN MERRICK Appointed: 2018, Occupation: Company Director

DR SARAH ELIZABETH BARROW Appointed: 2017, Occupation: University Lecturer

JOHN ANTHONY FRY (Chair) Appointed: 2015, Occupation: Business Executive

STEPHEN JOHN MORPHEW Appointed: 2017, Occupation: County Councillor

ANDREW JONATHAN BARNES Appointed: 2017, Occupation: Chief Executive, Other trusteeships: FOUNDATION HOME, THE GLOUCESTER (1682) CHARITABLE TRUST, ST. GEORGE'S GUILDHALL AND CREATIVE HUB,

CAROLINE JARROLD Appointed: 2009, Occupation: Community Affairs Adviser, Other trusteeships: CHARITY FOR A VICARAGE AND AUGMENTATION OF THE INCOME OF THE VICAR, NORWICH PRINTING MUSEUM,

CHRISTOPHER MAW Appointed: 2009, Occupation: Chartered Accountant, Other trusteeships: JOHN INNES CENTRE, THE DARTINGTON HALL TRUST, ROTARY CLUB OF WROXHAM BURE VALLEY CHARITABLE TRUST FUND,

Legal constitution

Charitable company registered in England & Wales on 10/03/1999, number: 1074619
Registered at Companies House on 19/11/1997, number: 03470398

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
Campaigns and political activity policy and procedures
Complaints handling
Complaints policy and procedures
Conflicting interests
Engaging external speakers at charity events policy and procedures
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Investing charity funds policy and procedures
Investment
Paying staff
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Serious incident reporting policy and procedures
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures
Volunteer management

Filing Record

20 returns made; AR06: 1 days late, AR05: 2 days late,

Main office

THE FORUM TRUST LTD
THE FORUM
MILLENNIUM PLAIN
NORWICH
NR2 1TF

Objectives

(A) THE ADVANCEMENT OF PUBLIC EDUCATION BY THE PROVISION OF FACILITIES FOR STUDY, LEARNING AND TRAINING BY THE ESTABLISHMENT OF A MILLENNIUM LIBRARY AND OTHER LIBRARIES AND OUTREACH FACILITIES, BY THE FURTHER DEVELOPMENT OF CHARITABLE SERVICES AND ACTIVITIES CARRIED OUT IN OR PROVIDED AT THE MILLENNIUM BUILDING BY THE CHARITY AND BY THE BUILDING'S OTHER OCCUPIERS AND BY THE PROMOTION AND DEVELOPMENT OF ART GALLERIES, MUSEUMS, ARCHAEOLOGICAL INVESTIGATIONS AND OTHER SIMILAR RESOURCES FACILITIES AND ACTIVITIES AND IN PARTICULAR BY THE ESTABLISHMENT OF A MILLENNIUM BUILDING IN NORWICH WHICH SHALL INCLUDE: (1) THE MILLENNIUM LIBRARY REFERRED TO ABOVE (11) A LEARNING CENTRE PROVIDING TRAINING, ADVISORY AND INFORMATION SERVICES FOR THE BENEFIT OF THE INHABITANTS OF NORWICH, NORFOLK AND THE SURROUNDING AREA (111) A HERITAGE ATTRACTION PRESENTING THE HISTORY OF NORWICH, NORFOLK AND THE REGION INCORPORATED WITH A TOURIST INFORMATION CENTRE INTO A VISITOR CENTRE (IV) A MULTI MEDIA AUDITORIUM DESIGNED FOR EDUCATIONAL AND TRAINING PURPOSES (V) INFORMATION TECHNOLOGY AND ELECTRONIC INFORMATION SERVICES, WHICH THE CHARITY MAY PROMOTE AND DEVELOP (B) THE PROVISION OF RECREATIONAL FACILITIES FOR THE BENEFIT OF THE PEOPLE OF NORFOLK AND NORWICH INCLUDING IN THE CONTEXT OF THE MILLENNIUM BUILDING: (1) A COVERED FORUM OR CIVIC MEETING PLACE (11) AN EXTERNAL PUBLIC SQUARE (C) ANY OTHER SIMILAR CHARITABLE OBJECTS FOR THE BENEFIT OF THE PEOPLE OF NORFOLK AND NORWICH AS THE TRUSTEES MAY THINK FIT.

Defined Area of Benefit:

NORWICH, NORFOLK AND THE SURROUNDING AREA

Data Sources