THE GARAGE TRUST LIMITED

Charity number: 1098975
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The Garage is a performing arts venue in Norwich, supporting artists, audiences and young people across Norfolk and beyond. We programme professional performance, support artists to make work and deliver dance, drama and music participation activities for all ages. We place an emphasis on talent progression and engaging disadvantaged or vulnerable young people with least access to the arts.

Income and expenditure

Data for financial year ending 31 March 2024

Total income:
£1,585,267

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Donations and legacies £35.47k
Charitable activities £1.51m
Other trading activities £0
Investments £14.49k
Other £21.35k

Total expenditure:
£1,545,725

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Raising funds £0
Charitable activities £1.55m
Other £0

£0 investments gains (losses)

Total income includes £30,655 from 2 government grant(s)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £0
Charitable expenditure £1.55m
Retained for future use £39.54k

People

24 Employee(s)

10 Trustee(s)

8 Volunteer(s)

Employees with total benefits over £60,000

No employees have total benefits over £60k for this charity

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • Education/training
  • Arts/culture/heritage/science
  • Economic/community Development/employment
Who the charity helps:
  • Children/young People
How the charity helps:
  • Provides Human Resources
  • Provides Buildings/facilities/open Space
  • Provides Services
  • Acts As An Umbrella Or Resource Body
Where the charity operates:
  • Cambridgeshire
  • Norfolk
  • Suffolk

Governance

Registration history:
  • 13 August 2003: Standard registration
  • 30 October 2018: Funds received from 298418 COMMUNITY MUSIC EAST LIMITED
Organisation type:
Charitable company
Other names:
  • THE GARAGE (Working name)
  • THE ACADEMY TRUST (NORFOLK) (Previous name)
Company number:
04510240 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

10 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Michael Launchbury Chair 13 November 2017
None on record
Nadine Zubair Trustee 26 February 2024
None on record
Daniel Thrower Trustee 26 February 2024
None on record
Timothy Brain Trustee 26 February 2024
None on record
Ayla Fulstow Trustee 26 February 2024
None on record
Emily Field Trustee 26 February 2024
None on record
Sarah Crompton-Howes Trustee 11 November 2019
None on record
JOANNE WARR Trustee 10 October 2017
None on record
JEREMY GILKS Trustee 14 August 2017
None on record
Sarah Hamilton Trustee 21 March 2014
None on record

Financial history

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Financial period end date

Income / Expenditure 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Total gross income £1.04m £857.14k £1.10m £1.05m £1.59m
Total expenditure £997.33k £825.53k £1.05m £1.14m £1.55m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants £31.22k £223.10k £178.60k £20.89k £30.66k
Income - Donations and legacies £51.60k £30.99k £24.98k £49.41k £35.47k
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £984.60k £819.10k £1.07m £1.00m £1.51m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £0 £0 £0 £0 £14.49k
Income - Other £1.05k £7.05k £8.11k £0 £21.35k
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £989.69k £817.18k £1.04m £1.14m £1.55m
Expenditure - Raising funds £0 £0 £0 £0 £0
Expenditure - Governance £0 £0 £0 £8.63k £12.06k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £7.64k £8.34k £9.12k £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Own use assets £0 £0 £27.53k £26.97k £80.07k
Long-term investments £0 £0 £0 £0 £44.24k
Other assets £415.32k £449.28k £460.05k £414.58k £387.50k
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £136.75k £139.09k £130.74k £172.29k £203.00k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 March 2024 17 October 2024 On Time
Accounts and TAR 31 March 2024 17 October 2024 On Time Download Open in new window
Annual return 31 March 2023 27 December 2023 On Time
Accounts and TAR 31 March 2023 27 December 2023 On Time Download Open in new window
Annual return 31 March 2022 11 January 2023 On Time
Accounts and TAR 31 March 2022 11 January 2023 On Time Download Open in new window
Annual return 31 March 2021 26 October 2021 On Time
Accounts and TAR 31 March 2021 26 October 2021 On Time Download Open in new window
Annual return 31 March 2020 23 December 2020 On Time
Accounts and TAR 31 March 2020 23 December 2020 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES INCORPORATED 13/08/2002 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 30/06/2003 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 05/08/2003 AS AMENDED BY CERTIFICATE OF INCORPORATION ON CHANGE OF NAME DATED 20/11/2007 AS AMENDED BY SPECIAL RESOLUTION REGISTERED AT COMPANIES HOUSE ON 28/08/2015

Charitable objects

THE CHARITIES OBJECTS ARE: 3.1.1. TO ADVANCE THE EDUCATION OF THE PUBLIC IN THE PERFORMING ARTS, PRINCIPALLY, BUT NOT EXCLUSIVELY, BY THE PROVISION OF FACILITIES, TRAINING, PRODUCTION AND PRESENTATION OF ALL TYPES OF PERFORMING ARTS; AND 3.1.2 FOR THE BENEFIT OF THE PUBLIC, TO PROVIDE ACCESS TO FACILITIES FOR RECREATIONAL AND LEISURE TIME OCCUPATION, IN PARTICULAR BUT NOT EXCLUSIVELY, ACTIVITIES CONCERNED WITH CREATIVE AND EXPRESSIVE ARTS AND PHYSICAL ACTIVITY INCLUDING, BUT NOT LIMITED TO, THE UPKEEP, MAINTENANCE AND MANAGEMENT OF THE CHARITY’S PREMISES; AND 3.1.3 TO AID THE PHYSICAL, MENTAL AND SOCIAL DEVELOPMENT OF CHILDREN AND YOUNG PEOPLE WITH THE OBJECT OF IMPROVING THEIR CONDITIONS OF LIFE SO THAT THEY MAY GROW TO MATURITY AS INDIVIDUALS AND MEMBERS OF SOCIETY AND TO AID THE SOCIAL INCLUSION OF THE SAID CHILDREN AND YOUNG PEOPLE IN ANY CASE, WHETHER OR NOT IN CONJUNCTION WITH OTHER PARTIES FROM TIME TO TIME AND MAINLY WITHIN THE EASTERN REGION (“THE OBJECTS)

Area of benefit

The area the charity can operate in, as set out in its governing document.

WITHIN THE COUNTY OF NORFOLK

Contact information

Address:
THE GARAGE
14 CHAPEL FIELD NORTH
NORWICH
NR2 1NY
Phone:
01603283382
Email:
info@thegarage.org.uk
Website:

www.thegarage.org.uk Open in new window