Finance Score: -5
Governance Score: 3
Support Score: 3
  • Volatile income & significant deficit in latest year: -5
  • No PartB
  • Good trustee age range: +3
  • Grant maker support: +3
Overall GiG Score: 1 ?

NEW CUT ARTS 

The object of the charity is to advance education in the arts in Suffolk and Norfolk
Analysis by Giving is Great

Positives:

  • There have been no material income shortfalls in recent years
  • A significant proportion of recent income was derived from major grant makers including the Government
  • The Board appears to be well diversified in terms of age

Financial issues to consider:

  • A PartB annual return has not been required and so detailed financial information is not available from the online data
  • Income has been volatile recently and was significantly lower than spending in the latest year

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£181£246£-65n/an/an/an/an/a16
31/03/22£148£112£37n/an/an/an/an/a25
31/03/21*£271£171£100n/an/an/an/an/a0
31/03/20*£272£251£21n/an/an/an/an/a30
31/03/19£312£298£14n/an/an/an/an/a38
31/03/18*£352£391£-39£0£0£0n/a00
31/03/17£300£307£-7£0£0£0n/a00
31/03/16*£375£336£39£0£0£0n/a00
31/03/15£303£280£23£0£0£0n/a00
31/03/14£302£250£52£0£0£0n/a00
31/03/13£254£261£-6£0£0£0n/a00
31/03/12£359£259£100£0£0£0n/a00
31/03/11£239£246£-7£0£0£0n/a00
31/03/10£904£279£625£114£624£38816.740
31/03/09£0£0£0£0£0£0n/a00

Highest pay bracket: less than £60,000
Established: 16 years

www.newcut.org

info@newcut.org

01986873124

Charity Commission for England and WalesCompanies HouseFacebookX
UN SDGs
?
Listed activities
  • Arts/Culture/Heritage/Science
  • Education/Training
GiG Classification
  • Performing and visual arts
How it operates
  • Provides buildings/facilities/open space
  • Provides services
Where it operates
  • Norfolk, Suffolk,
Who it helps
  • Children/Young People
  • Elderly/Old People
  • People With Disabilities
  • The General Public/Mankind
Who works here?
  • Unknown number of employees
  • 16 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
The Foyle Foundation - Arts
£12,000 11/02/2021
to cover wall mounted speakers and amp for the theatre (awarded grant in response to coronavirus)
Garfield Weston Foundation - Main Grants award
£10,000 29/05/2020
Rufurbishment phase 2
National Lottery Heritage Fund - Grant to New Cut Arts
£65,300 18/01/2016
Halesworth Maltings Heritage Experience (aka MALT)

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (7)
Current Trustees appointed

Age Range of Trustees: 40-85
Legal constitution
  • Charitable company registered in England & Wales on 07/05/2008, number: 1123971
  • Registered at Companies House on 31/12/2007, number: 06461027
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Bullying and harassment policy and procedures
  • Complaints policy and procedures
  • 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
  • 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
15 returns made; AR21: 1 days late, AR20: 6 days late, AR18: 29 days late, AR16: 29 days late,
Main office

Belle Grove Farm
Lower Common
Westhall
HALESWORTH
IP19 8QU

Objectives

3.1 TO ESTABLISH AN ARTS CENTRE;3.2 TO RECLAIM, REPAIR, RESTORE, PRESERVE, CONSERVE, REFURNISH AND RECONSTRUCT AS AND WHERE AND WHEN NECESSARY AN HISTORIC AND UNUSED BUILDING KNOW AS MALTINGS, NEW CUT, HALESWORTH;3.3 TO ADVANCE EDUCATION OF YOUNG PEOPLE UNDER 25;3.4 TO PROVE TRAINING, COURSES, WORKSHOPS IN ALL ASPECTS OF PERFORMING AND FINE ARTS AND MEDIA STUDIES LEADING TO EDUCATIONAL QUALIFICATIONS;3.5 TO PROVIDE COMMUNITY ARTS PROGRAMMES TO MEET THE NEEDS OF THE WHOLE COMMUNITY;3.6 TO DEVELOP AND ENCOURAGE YOUTH PROGRAMMES TO MEET THE NEEDS OF THE WHOLE COMMUNITY;3.7 TO DEVELOP AND ENCOURAGE YOUTH PROGRAMMES IN ALL AREAS OF ARTS, DANCE AND MEDIA;3.8 TO ATTRACT WIDER AUDIENCES NATIONALLY AND INTERNATIONALLY3.9 TO ATTRACT WIDER PERFORMANCES FROM TRAVELLING GROUPS AND INTERNATIONAL EXCHANGE PROGRAMMES.

Defined Area of Benefit:

SUFFOLK

Data Sources

Charity Commission for England and Wales
360 Giving
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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