2021-03-31-accounts

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Registered in England Charity No. 1110725 Company No. 05242876 NATIONAL CENTRE FOR WRITING COMPANY LIMITED BY GUARANTEE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

NAnONAL CENTRE FOR WR ING COMPANY LIMITED BY GUARANTEE ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 CONTENrs Page Trustees, report Audit Report 9.12 St8tsment ol financsal athwb"e$ 13 8alanc8 she8t 14 Statement of e4sh flows 15 Note$ to the financial ststements 16-36

NATIONAL CENTRE FOR VIRITING COMPANY LIMtrED BY GUARANTEE TRLISTEES. REPORT IINCORPORATING A DIRECTORS, REPORTI FOR THE YEAR ENDED 31 MARCH 2021 The trustees PTe5ent their port and finanaal statents for Ihe 31 March 2021. R lor8nc• InIStraVe Infonnatl R8glstsred chir6ty nam• National Centre fvwrib Charfty number 1110725 Company nymb•r 05242876 Dat• of r8ol8tratlon 27 September2004 R8glster•d •ddro88 Dragon H811 115- 123 lfjng Street Norwth NR1 1QE Tru8tse8 Ms P Henderw (Chairl Prolgssor S Barrow Ms H Daw50n IresKJnad 1711212QOI Ms l Dixon Dr C Gnwe Mr J Slinger Mr G Szirtes (r•sigd 17112r20201 Mr A Waters M5 H Wilson Mr A J Yuill s C Mccomick M$ N Nannar Kay Man¥g•m•ni Or C Gribble- CEO A McFarfan• D Barross A Kenl PHug A Salmon Company S•¢rètsry Mr O 88rra55 Audttor Price Bailey LLP Anglia Hou59. 6 Centsal A¥enue St Andrews Bu51nes$ Park Thorpe StAndrew Norwth NR7 OHR Bank•r¥ Natonal W85tmit8r Bank p 45 London Street Notw NR2 1HX Soli¢itor mil and Reeve 1 Sl James Court Whilefnars NR3 1RU Page I

NATIONAL CENTRE FOR WRITING COMPANY LIMITED BY GUARANTEE TRUSTEES. REPORT (INCORPORATING A DIRECTORS. REPORTI FOR THE YEAR ENOED 31 MARCH 2021 Objecllv88 and actlvltle¥ National Centre for wrIn9'S obj.ects are to promote, encourage arvj devdop ueative wnbng as an artistic a Gullural tool and lo educate the general puuic in the appreciatson of the wc<d in all ts fotms. It was Initiate as a partnership beh4een Arts Counal Effjlond East The Cty cf NoMeh, The County of Norfolk and the University of East Anglia. Wlhough National Centre for Wnbng is a regional organisation and as such has a dear regional focus, it 15 eec to éevefcp both nab.onal and intern8ts"onJ kyogrammes. National Cenire for Wntsng'$ slon 15 to be a centre for nab.onal and international literary exchanae In a world lass UNESCO City of LEteralure. 11 is tyJr mission to establi Ihe Naana1 Centre for Wribng at Dragon Hall a$ a creatively distinctive. nationally networked and finanoalty resilient centre of eXllen that delivers beneftts to wnier5. literary translators. th8 literature se¢ter aTh4 our physical and dlia1 Cornmunites fr(xn an oulslanding Grad8 1 Listed carnpu5 in the heart of Nomch. England's first LINESCO City of Literaiuty. Publlc benoflt The Iru51ees confimi thai they have pa1 due regard 10 IFk• Charty knmission'5 guidance on public benefit In deciding what activities Natsonal Centre for should undertake. The National Centre for Writing runs vaned programm8 ol a¢bwlie5 that covers arbsbc development for wnters, edycaDonal work using cfeaiive writing lo explore Issue$ around Ir8edom of expressw)n. thnbty and aspirabon. and th81. regional, national and inlernabonal work thai explores th8 swal arwj aSC pwr of creaThve and literature. Many of the programmes ar6 free and WO hard kn •nsure Ihol all our yogramme8 8re difft8, assible and affordab Iwhere payment is necessary). We ma5ur8 our SU$$ Ihrough fw headline strategic aims m 1. To cr8ate opportunities for Wnrg and literary tyanslator5 and surwrt a dtr$8 and vibrant lrterary ecology. Aim 2 To increase Ih¢ r¥n9e depth olwportunitss to parbu10 in and tyenefii from ueatrve wibng, reading and literary translatK)n. m 3. To Imprm the cultural. $o¢wl and econcmi¢ ecL4cgy of NOth. UNESCO Cty of Literature and Ihe Now Angli8 Local Enterprise Partnorship region helping create a MO attracti¥ place 10 liv8, work 8nd $lL Aim 4" To improve Ihe abilIty and bng-tern) $u$tainability of Ihe organisatson. Alm 5.. To b8 an effe15•, indusNe. and accountab <yYan15atn. These aims a deiailed in our business plsn and port against hline rget5 for e8ch aim over th8 urSe oleur current business plan1201&221. Our targeis cover In¢reasing the number 8nd dw5ty of writersnrterary translalthry support InaSing the amount Ofw0 we CA)mm$5ion. EnsuriTrJ the qualty ol wrrk we delNer is consislenity high. Increasing and diversityng our aLQienc£lsl and partIpants In our programmes. Rellectsng Ihe dNersity of our country in ouiworkforce. govemarKe. programffles and athvil. Inffta5ing the wsibilrty of NOrwh as a tre Olexc8n8n and a UNESCO Crty of Literature. Ensunng our fu1ng b358 Is cliverse and resilrdnt Reducing as far as possib thjrenwironmenlal impacL In light of the ChaIngeS of COMD-19 and tt)e rt has impowj on ourworf<. are lodting al refining these measures for future. Page 2

NATIONAL CENTRE FOR V4RfTING COMPANY LIMITED BY GUARANTEE TRUSTEES. REPORT IINCORPORATiNG A DIRECTORS. REPORTI FOR THE YEAR ENDED 31 MARCH 2021 Achievements and perfom)ance 2020-2021 has been an extraordinary year for all us. and yel. despile the cha118nge5. globally and doser to home, we've had a hugety produtxive 12 months. aThl arned a lol abwi ourselves as an organisation and as a team. While working froYD hotne and Mth the buikliry dosed to us aTh1 our alenCes. st8wTu conneded and stsying creatsve became our pnorty. and the guiding pnnuple of our and &4t dÈliver8d It W? succe55fully rescoped m05t of our esting prograrnrnes lo go online and inueased opporiunilie5 for providing awss to new acbvity such as wrrters r850urces. pod¢a$ts. etc. W8 ddwed workslw and ¢onversatsons and podcasts. produc8d and sent SourCeS Into the for eaty tare8r wTrters (wr free soUrc patks for emerging witer5 as part of Early Career Award5 re acc4ssed 30.IXh) bmes in the n0d March 202ApriL 20211 and schoo15 and young peop, and much more know literature's power to con501e and comfort. chaInge and enliven, to briw hope, making our work more e5senbal in the last year than ever. In May. Derek thwsu won tho 2020 D8srnoTrd Elliott Proe for his vivid and eklraordinary rk That R8rninds Ma. He received 8 cash prize 01 £10.(m and a ar-round path8ge of support NCW administered the prize for Ihe first time this year a$ part ofthe new Earfy Career Awards portfdio that induded Nvo new prLze$ for innovation in fom and writers evercomirwj barrr$ to publication. 5UPPOrted by UEA Creative Wntsng and tha Laura lfjnsella Foundatson wpeclively. Each winner also selecw ten boclLs for an in5bbJtsM Importantto thoir heart5. Our lestiV818 re-invonted tsm8eNs online. 'City of Lrteraiure. yogr8mme In partnership wth Norfolk & Norwich festival offered a week-long serh85 of d1giial conversations. refiections. and conne¢Don$ to celebrate th8 importance of wribng, reading and making art in diffi11 bme$ 'Noirwch' offered writsng fans a lecture from Attica Locke, convgrsalions ilh ty'nkan Brartlts¥arte and OINi8r Nrrtk aThl more. Owen Sheers sa18cted ten inspinng wrrters'inmtng u5 to Imagi thr ways lo be, as part of NCW'S ongolng PartrShIp wth Bth$h Counrjl to promote hrterS tr7 Ihe UK lo new inl8rn8tion81 aLK1iences Our Onli bamin9 progr8mmes enjoyed inerè8sed demand during the lo&dowr period, with 1% attendance 8¢ro$$ many ol our courses, and InaSed appelrte for coursas In crime. nofvfithon and poety. Our In-person wothsheps pivote# onlino and rnach t"¢Pants 8c¥oss kn8 UK and tyon#. We continued 10 en¢ourage new werk aTrJ newwayJ of worfLiry as part of our Ambthn for Excellence progr8mme.' Khairani Barckka and Jay Bemard %4ere our Assouaie Arttsts for 202(k21, and we a150 commissioned several new collaborativo. expenmental new pws a5 part of'ow Ooors. prograrnrne. Six worfLirrfJ cla55 vrrtets graduaied from the Escalator Taknt Deveknpment Programme. Mlers were cornlnissioned to work wrth cornmunth$ In Great Yarnouth to CCtrtre8te a story ¢ellirvJ Ihe ta of their high 5trtet, a mu1t-partnership endeavour funded by Historic Engla_ Eighteen youThJ peopK8 from across Norfok fi"nued to meetthroughout the year as th8 2020 Lit From the Inside cohort. a connethon for youThJ people in Ihe regin to stay connected aThJ Sha tsr bve of reading, writing and books. Our Intemaional work was logisb¢aJty tyjffeted bLrt und1mm-l1h imaginative re4n91rry we welcLxnwJ writer5 frorn Iheir Iiwng rooms to ours, from all over the wortd. Induding our fellow UNESCO CAties of lrteralur8, to connect. create new work. and leam from each olheréiartalty. We *orned audiell metnbers trom 40+ Countr #rour Ihe wortd io ewage with our online events prtyjrammes. stsrring writers from 22 countries. Page 3

NATIONAL CENTRE FOR WRITING COMPANY LIMITED BY GUARANTEE TRUSTEES. REPORT (INCORPORATING A DIRECTORS. REPORTI FOR THE YEAR ENDED 31 MARCH 2021 Achlevements and porfonnanc• continued NCW devised ar delive h¥0 cohorts ofthe Collaboration Plar Charye Ilhe cuttural ership profe55ion81 devÈlopFnent programrne lor Nortolk & Suffolkl. The programme was resChe£lU and rescoped to 8nable online delivery. Dunng 2020121 the'Devdoping Leadets. kwjrarnme Commenc lIne with 20 p8rtscipants. A new programme was added In dired reswnse to Ihe pandernic. for 15 regKfial s8nior ajltural kader5 prowdiry a Str8tegic need for collaboratK)n and mutual support We wofked in consultation wth the EW Group on our Equ81ty. Divar5ty and Indusw prac to b8tt8r Undeland how we can be more indusi¥8 in every awect of our artisb'c warfc, er#trOns and the organisabonal manag8m8nt and governan. Flnanclal revléw Total Incoffje amounted 10 £1,225,227 12020. £1.605.5861 and. after incurring eynditure of £1,293,791 12020.. £1.342,9321, the lun¢Js deereased by £68,564 12020 Increased by £262.6541. unrestrid fund5 decr88s8d by £17,865 12020. Increased by £1.576.6501 and Stn¢ted fiJnds deueased by £50,699 12020. decreased by £1,313.9961 At 31 March 2021 unreslncted fuThts tolalk8d £1.840.480 12020". £1.858,3451 aThJ r6$trict8d funds £559,05912020 £609,758). R888ive8 poII¢y The tmsiees have established a policy %thereby Iree reservas hdd by the charity shoukl represent Ihree months of total overhead5, which amounts lo aFproximately £150k. They consbJ8r th81 Ihis thl of reserves is requi lo ¢OV8r th8 charity'$ full range of activitvas and rtlvJalions. The r8S8r4es polLy Is disojssed at eath board meeiiw. Free reserve5. r8pre$ented by unre51ricknJ funds b$$ desnated funds and fixed assets, 8mount8d to £151.503 at 31 March 2021. Ro5tricted fijnd balanc¢s exdthYiryJ fixed assets amounted to £559.a59. Designated funds amounted 10 £1,688,977 being the sirategic Reserve and tre Fixad Asset 1rnwovemi Fund. Golng COnM The Impact ol COWD continued lo provth a (allerKJing backdrop to all of our actswty in 20121. With the support ol our partrers, funders and stakehokyers. eended ¢Jur plans for the r&vi$ion and repurpo$ing of all of our prcgrammes to Ihe end ef our financAal year 20121. Specific support received included the award ol 8 Business Conbnuity grant and rates rf throah Norwch Crty Counil 4nd the recent awaré of Culture Re¢overy Fundirrfj from ACE England. We continued our working trom home busin model whil? retaining oversight and G9re of the building. We remsed ajr bwjgets, delivery plans and financial commibments while taki advantage ol the r?vanI support fr(n HMG and partners and ftsrrned strong arKI useful Board SNJ Staff working groups to ensurg Able to carry on delivering 8gain8t our aims and obie¢ii¥w. though we have had 10 rn8ke charMJes to our ¢wramm6 aTrJ our Work1r prottes. we have been Immensely proud of all Ihe wcrk we have achieved duriry the year and are happy to report Ihat remain in a stsb organis8tional and finanooj posibon. We afy currently in the pro8 of rewsing our plans 8nd medel$ for the (£rfnirvJ yearn and arn confent81 we will be ab to sumve and thrive into the nekt decade. Prfnclpal lunding sourcwd The principal funding Sources for the chanty are cUrnIty by way of grant IncA)me Irrxn Arts Counul England Easl University of East Anglia. Cty Couwl and Norfotk Cwnty CounLiI. Page 4

NATIONAL CENTRE FOR IARlnMG COMPANY LIMITED BY GUARANTEE TRUSTEES. REPORT {INCORPORANG A DIRECTORS, REPORTI FOR THE YEAR ENDED 31 MARCH 2021 Pl•n$ for futur& peTrlod8 We will work wth rene energy and commitment to ensure acce$5 #rKJ In¢Jusivity L8 8t the ce of ¢wr thinking and actians. We wll carry on the wotk to maintain Dragon Hall as a Cowd-secure Spa for our retuming audiences and ciNnrnunibes, arKd conbnue to redouble our efforts lo make (jrtaI $pars ueative and w81corning for all thos8 who c2n join us the. Dragon Hall has been a place ofexchange. conversatson. debate, argument 8nd community gathering Sin 1430. We're absolutety Committ to making il returns from thi8 Short hiatus as 8 plac where those who INe In, th In or wsrt Nowh- physically or virtualty. %wrtets. translators. readers and communffjOS of all $orts-can find th8 inspirats'on, 5tori&s and ewyJrn9wnenl tlw to face an uncert81n worfd. We 11 continue lo cornmison and share newwork across our prLyramm85- in fesvvl vehid8s. wa our popular podc851, in our learning resourc8s. ITh our camws at Dragon Hall. We 11 trAlebrate our 1CAh anniversary as Eng18nd's first UNESCO Cty of Literature 8nd Norwch's rich hi8tUy as p18ce of a thousand siories wth a programme dewsed wlh and for our ¢ommunth'e8. Tru8t888 Tru51ees who 8eN8d during Ihe and up to Ihe d810 of Ihi8 repjrt ar8 $81 out ¢)n pag& 1. Structureb govorninc• and m•nag•m•nt Gov8rnln9 do¢ument Nabonal Centre for Writing Li 8 Charl conpany Iirnited by guarantee. ints)rpor8ied on 27 September 2004 and registered as o ¢h8nty on 4 Aust 2005. The cLThpany is 9overn8d by its Memorandum and Artides of As$ocJ8tson as amendwj on 22 June 2005. 24 April 20C6. 3 Juna 2008. 3 Mar¢h 2009 and 7 June 2011. In the event ofthe company being wound up are requi 10 conthbute an amount not excthaing £1. Rocrultmont Ind •ppolnknont of trustee¥ The charty aims to re¢NIt trusiees with a lde rarvje of business aThJ $ector eynence from which the chority wll b8nefit It is intended lo Increase Ihe number of trustses to not m¢ye than 12 as $uiiable candidatas become availabb. The quonJm Is sel at srx. TTU810• Inductlon and tralnlng Now trustee$ are pmwdJ ith eops ot . The Memorandum and ATtycles of As$oaalion . The latest accounts ol Ihe chanty and are encour8ged to regd Ch8ntyccrnl8810n guwJanc8 netes CC3-'Th8 Essential Trustee. What you to kncw. what you n88d to do" New trustses are Inte(s trj wsit the offic85 01 the Nabon31 Centre for Wntng to meet all staff and project w0er$ antl to leam more about Ihe day to day runniThJ of the c£rfnpany. In additTon tru$w a entour2Ged lo read Charity Commission and other newsletters and to attend courses des¥ned to keep thern 3brea5t of ttieir dube5 and r8sponsibilrt*5. Page 5

NATIONAL CENTRE FOR WRITING COMPANY LIMITED BY GUARANTEE TRUSTEES. REPORT (INCORPORATING A DIRECTORS. REPORTI FOR THE YEAR ENDED 31 AIARCH 2021 Rlsk rnanagwnent Our principle 8trategi¢ risks late lo our five straregicains as an organisatth. 1. Art. Failure lo maintain high qualrty stsndard of artrsti¢ prograrnrne and audientÈ development as we come out of c8pItsI programme We wll mthgalÈ this by ensurir& strong wsion. mission aims Ensuring success measures in pkce lo monitor and evaluate lo detemiine mpact and 5ucc8s$. EnsuriNJ % have th8 capacty and 5kilLs to prcsramme and deliver. 2. Learning Failure to develop a strow tt1j and parntspats( programm8 8nd ervJoge v•th th8 comrnunits"e$ of interest and idenlifieo in our strategies. We will rnibgale this by ensuring Strong vision. mission and airns. Ensuring Succ measures In place to monrtiy and evaluate 10 detsmiirE impact and suc¢8$$. Ensuring have ¢he ¢apa¢ty and skills to programm• and deli. 3. Place. Failur8 to embed wr aims. acwbes and patherships 1h1n key loc41, ragional and national strategies. We wll mitigate Ihi5 workirvj wth key partners in our Cty. LEP Region. Arts Coun¢il and sector n&lionally antl intemalionally to maintain the presence ol NCW ond Norvrth. 4. Suslainabilty and Viability Dependenty on key 5tskeholder income Loss ef or reduthon in key stakeholder Income. Failure lo secure suificieni ¢ontnbJled prqea tynding due lo Increased ¢ompelition for iru$ts and foundation ndIng and the Unkno nsks surri)undiry ELI fiJnds. Not $8¢unng umm8rc4al in¢ome due lo 1nSJffi¢nt Comrnercial hires. We %M Mgate Ihis ty maintsiniw dos8 links ¥Mlh $t8kehdders to ensure that aciiv1ty Meets their agenda. Ensuw fundraisng plan l¢on¢nbuted aThJ eamedl 1$ up 10 dato and reviawed regularly. Increasing generawon of unrestrictsd funding other sour induding Increased knls of Income from commercial actNfc'e3, revenue luTh1raisiryJ and the Crn8ts" Writir#J onli proqr8mmè and Writsrs Se¢$ rogramme. S. Opewiion81. Inadequate operats"onal. managernen( govemancty and reporting mpxh8nisms. We wll mitr'g81e this by regularty revwiing and inproviryJ our operabonal waaty using training, development. and Sound line m8n8gemeni, le5b.ry our finance an(J 4rt Com8nce and he8l¢h by chaTrJing auditors. revising Board 8ubgroup working". m8intainiry rewtirvJ mechanism5 for kay $tskehoh#ets as w811 as stslutory requirements. The trustees confirm that the major nsks lo which the chanty L8 extx)sed h4v• en h18nbfi. revi•wed 8nd 88se$$ed In ordèr for systems to be establi$hed to mibgate those n$ks. Pay poll¢y for key managemènt p•r•onn The Board of Directs, who a lh8 Ch8rtys Trustees atKS the senior management team CpSe the key management p8rsonnel of the charity In charge ofdire(ng. contrdling, njnning operalng the chanty on a d8y. Icpday basis One director reiVed muneratiOn In ear as h rts as CEO. AJI other 11Clor3 give their time fveely. Details of direcloffs expense$ and related party tyansactson5 are disdosed In nota 12 to the aunts. The pay of senior $tsff is annualty 8nd nomally iTh7eased In acC(dan(% wth any increase in the cost of Iiwng. Org¥nlsatlonal 8tructu At present the Board ¢ons1515 cf 10 tsustees meet four b'm88 a year. Th& Chief Executive. Chri$topher Gribtde, 18 appoin by the trustees. He is responsi14e for strategic ann1r) and refers hL8 tha$ lo the eoard for trndorsern8nl and aulhonsatson. The Board has Ihree fomal subgrujps". Fln8n¢e Audit & Restyjrces". Andrewyum (Chairl. James Singer. Chris Gril>e 2. Pregramme and Mi$$ion" Nina Nannar. Iscd oOn. Alan Waters. Chns Gr$8 3. VL8Ion 22-26. Parn HeTrJerson (Chairl. Hen Wilson. Sarah Barrow, Cardina McCormid<. Chri5 Gribb The FA&R sub group meets four tsmes per year arKI Olher a year Ml 5uWroups report bad( lo the Board. Th were 10 full time members of siaff overthe finanrjal year and 12 part ts'me membÈrs of staff. Page 6

NATIONAL CENTRE FOR WRITiNG COMPANY LIMITED BY GUARANTEE TRUSTEES. REPORT IINCORPORATrNG A DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2021 Fundralslng Standards Infonnatlon The tDJstees support raisino funds trom Ihe public in r8Jation ta 8uprx)rt of our dwarse literary programme and mainteftance of our herit8ge buihjing. No profe55ional fvndraiser5 or third party cL)mmer¢Sal partipatorS are used. The Gharity is wi5tered the Fundroising Regulator. There have Wn no complaints about fvndrai5ing this y88r. The chanty has signed up to the Fundraistrj Regulato8 Code of Fundrai8iThJ Practice. fijndraislrg guldan and womng practices have been oraTr btsiry update(l $0 Iha¢tt)ey are cunpliant All dlrpd marketing is undertaken by the d)8rity to ensure R is ntst unreasonèbly inlrusNe or persisl8nt and18 on sent to retspients who have engaaed Imlh th8 tharity. Al m8rket.ng matsrial or infornation sent from the ch8rty eontalns dg8r instruction$ on how8 Person can t• rwnov•Y trcm the m8j11r lists and Is GDPR ¢J)mpllant Trustses. rn8pon$lblllts•s statèment The trustees. who are also directors for the purw•s ole4mp8ny law. are r8sponslble for preparfng th& Tru$tees' report and the financial slaternents Sn aOrdanC with 8ppli¢gbl8 Iw 8ncS United.nIsoM Acwunt'ng Stsnd8rds Iunited Jd¢M Generally Aplad Acuuntrng Pracbc81. Company law require$ the TnJst8es to prepare financKqt statements for each finanual year. Under compaw18W the Trust888 must not 8pprove tha finanual ststsments unless they are satisfied that they give a tNo and fair vlew of the state of 8ff8irs of the ¢harilable comp8ny snd of incomir#J resourL%$ 4nd applic8b.on of r8sourc88, In¢luding the incorne and eXpeVra, ol Ihe ¢haritatAe crynpany for th81 pgdcxl. In preparing the89 financl81 statements. the TTu$I888 ar¢ requir&J to.. 1. 5818Ct suitable accounting pofides and th8n apply thern con5KBtenty, 2. ob86Ne tha methods and principl85 In th• Chatitses SORP 2019 FRS 102; 3. make judgments and 8fxounbng 88Omate& that arè rnason8bk And prudent 4. state whether apicable UK A¢¢ounOkvJ Stsndards b88n f. 8ubjactto any rnatsAal depathres disd05ed and explained in the finanaal ststwnents," 5. PTep8re the finanoal statements on the gc4rvJ ba¥b 1¢88 it18 inapprcpriate to pr8sumo that th6 harrtabl8 company11 continu8 operation. The Tru8t8es are responsib lor keep'na adu818 acuunting records that ara suffiaent to show and explain tho charttable company's transacbwg and dssd05e with 0$Onab accuraw at any tsme the finanaal posfoon ol th8 aritab18 company and enable them ID ensure that the finan81 slatemants ccrnpty wth the Companies A¢t 2006. They are also responsit48 for safeguarding the assets of Ihe chfjntsble ¢omp8ny and henc& for tsking reasonable stsp5 for the preventim aThY d&tedion of fraud and Other i(ano8. The Truste85 are r85pon5ib18 for th6 m8intenanc4 and irstegrtty af the corporate and financial infonnation ncluded on the chadtsbb CMpanI3 website. Legislati in the United ngd( govemirvJ the praparation and di$semination offinarri8151atements rnaydrfferfrom legislabon in oth8rjurisdictions. Page7

NATIONAL CETrfniE FOR WRMNG COMPANY UMrrED BY GUARANTEE TRUSTEES, REPORT IINCORPORATING A DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2021 Audltor Each ofthe p8rson$ i% a trvsto8 at Ihe date of approvd of Ihis report confirn)s that 4 50 far as they are awarg, the is no relevant audit information of which lJ)e charitys audltor 15 unaware., and . kney have taken all step5 thal they ought to have tsken as a tru5t88 to make them8efv8s aware of any relevant audit informats.on and to establish that the charitys auditor is thvare of that infomiab"on. The auditor is deemed to have be re-appointed in accordance vAth section 487 of the q•panies Act 2(]06. Small Company provl$lons ThisTeport has b8en preparod takino 8(fv8ntsge of Ihe smafi compar4i•& mptiOn of saction 415A ol th8 Companie5 Atr21Th. The trJ5tee8' annual report waB 8pprov&J on Iru8legs by.. aThJ slgnud on behalf ol lJ)e board of li M8 P H•nd•rnon IChaSr) Trusts Page 8

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NATIONAL CENTRE FOR WRtllNG COMPANY LIMITED BY GUARANTEE STATEMENT OF FINANCIAL ACTIVrnES INCORPORATING THE INCOME AND EXPENOITiJRE ACCOUNT FOR THE YEAR ENOED 31 MARCH 2021 Unrestrictsd Fund8 2021 Restricted Totsl Funds fotsl Funds Funds 2021 2021 2020 Not05 INCOPIE DonaQN$ and gades Charitabl8 activiti&5 Other Ira¢ing aebvibes InvestsDent Inctsme Other income ICoronawiru5 Jab Rettnbon Stknèl 6.120 815,294 2.977 4.224 38,224 52.035 3C6,353 58,155 1.121,647 2,977 4,224 38,224 159,626 1,381,019 57,970 6,971 TOTAL INCOME 8e6.839 1.225 227 1,605 588 EXPENOITURE Costs of raising funds Charitable Bctvitses 124.5441 I2.714) 124.5441 1fj0.6781 1366,5331 11,269.2471 11,282,254) TOTAL EXPENDITURE 927.2S8 7,293 791 1.342.932 NET IEXPENDITUREI I INCOME BEFORE TRANSFER OF FUNDS 180.4191 18,1451 169,5641 202,654 Transfers bebNeen lund$ 18 42.554 142.5541 NET MOVEMENT IN FUNDS 117,8851 150,6991 168.5641 262.654 FIECONCILIAnON OF FUNDS Total lunds al 1 April 2020 1.858.345 e,758 2,468,103 2,205,449 TOTAL FUNDS 31 M•r¢h 2021 1.840.480 2 399 539 2 468.103 The $taternenl of finanual actmbes indS all gaSns and Iossas f•will in the year. AJI income and exp8nditure derwes from conts.numg acbvities. The notes on pages 18 to 36 fomi part of Ih8S8 fina[la1 stst8ments. Page 13

NATIONAL CEfrmiE FOR WRITING COMPANY UMtrED BY GUARANTEE l¢ompany regl$tration number 052428761 BALANCE SHE AT 31 AIARCH 2021 2021 2020 Notes FIXED ASSETS Intsngib18 assets Tangible fNed assets 14 15 649 1,598.546 1.595.779 1.595.TT9 1,599,195 CURRENT ASSETS Debtors Cash at bank and in hand 18 36,881 961.378 114,205 917,826 99B259 1,032,031 Crsdltors.. Amounts falllro thJ8 within ono yaar 17 194,499 163,123 NET CURRENT ASSErs 803,760 868.908 NET ASSETS 2 399 539 2,468,103 FUND8 OF THE CHARITY Roslricted lund8 Unr88trlcted ndS 18 18 559.059 1,840.480 809,758 1.858,345 TOTAL CHARITY FUNDS 18 2 468.103 Thése fln8n¢lal statements havè b98n prepared In accord8nce th the provlsbns applleable lo compèn18S subject to th8 small comp8ni0g' regime vAthin PArt 15 of the Companios A¢t 2006. The flnan&81 ststsments w8rn approvad by thvj Tnjstatrs on behalf by. J arg sned on thalr M8 P Htnderson (Chalr of Trustees) Trustee Th8 not8s on pag9$ 16 to 36 fonn part ofth8* financl81 stataments. Page 14

NATIONAL CENTRE FOR V4R ING COMPANY LIMtTED BY GUARAKfEE STATEMENT OF CASHFLOWS AT 31 MARCH 2021 2021 2020 CASH FLOWS FROIA OPERATING ACTMTIES Net leyndilurèl I 168,5841 262,654 Depreciatron OftsTrJ1b fixed assets Amorti88tion of IntaNJible assets Other in18rest receivable and similar incomo Deuea$& I linueasel in ¢*biors Increase I (de¢aSe} In credilorn 56,302 649 14.2241 77.323 31.376 52,616 4,213 18.9711 32,096 177,6511 Net ca$h from operating acIMt5 92.062 CASH FLOWS FROM INVESnNG ACTIVITIES Interest reIved Purchase of lang1& ass8t5 4,224 153.5341 e.971 175.7381 Net ¢osh Spent on invesb.ng ocbvits 49,310 68.767 NET INCREASE IN CASH AND CASH EQUIVALENTS CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 43.552 917.826 198.1 719,83e CASH AND CASH EQUIVALENTS AT END OF YEAR 981.378 917 82e Th• net debt note inclu¢$8d in not8 20 The notes on page$ 16 to 36 fom part 01th888 financiol sts¢emenl& PaEe IS

NATIONAL CENTRE FOR WRITING COMPANY LIMrrED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 ACCOUNnNG POUCIES The prinupal a¢¢ountirvJ pdicges adopted. judgements and key $ourrEs of estirnatk uncertainty in tt)e preparab.on of the finanrial $tstements are as follows G•n•ral inforn)allo The charity Is a pnvattr company Iirnited by guarantee. incorpJrat8d in England and Wale$ under th8 CpanIeS AU 2006. It IS also a lstered charty In EnglaThY and wa5. The reglstered office addr8S$15 Dr8gon Hall, 11&123 Street. N0meth, NR1 1QE. Tha Chanty Is a company limrted by guar8ntee aThJ doe5 not ha¥e Share capit81. The rnambers of the Charity toial 12 12020. 121 and have guaranieed Ihat In the eveni of the Charty being wound up éuring their mernbership or one year thereafter. each thld contatr¥Jle to Ihe assets of the Chanty a sum not exceeding £1 12020. £11. Ibl 8a810 of pfvpgratlon The finanrAal $ternents have been prepared In accordanc8 wth Accounliry and Reporfrng by Charitie$ Statement of Recomrnended Practice applicawe to chants$ prepanryJ their accounts in accorcl8nee with the Financial Reporting Standard applicable In the UK and ftepu of IreLqnd IFRS 1021 leffective 1 January 20191- (Chari$ SORP IFRS 1021 effective l January 20191, the Finaw Reporknng Standard 8ppli¢able in the UK arrfl Rwblic of rola IFRS 10218nd the Chantses Act 2011. The chanty constitute8 8 publK entity 8$ defid by FRS 102. Th8 finanual statements are prepared in pounds sterling, which Is the functional curTancy ol the entity, nd rounded lo the nearest £1. Assets and liab$ a Inthlly recognised ai histori1 cost or trans8cts.on value unless othe18e str1 in thè rdevant accounb'ng polw noielsl. 1¢) Golng Con¢•rn The ethnded Jockdowns Ihroughoul 20121." the cJJrtailing of public events and prcgrammes,. and the ce$8ation of eA)mmerual hires al Dragon Hall. Combined %4ilh a chae lo working from home has had 8 major Impact On the erg8nisatyon. Nabonal Centre for Wftbng h8$ rts ways of working a$ a re5utt, arKI rewised its programme5 of acDvthes. Core fundiN4 has contnued dunng the thhdown$ and wrth addibonal govemment and local aulhonty support, rewsad budgets and forecasts show that th& charity has sUffent income, reserves and cash at bar* to be 8ble to contsnue In tsperabon for a period oral 85t 12 months from the date of approMng these financJal statements_ Therefore the financ4al Stslements have been prep8red on 8 going ¢0M b85iS. Idl Fund a¢¢ountlng Unrestricted fund$ are available for use at ttE discxetiM of the trustees in furtherance of thè purposes of the chanty t)esrgnaled funds a vnrestnc fUrS eamarfted by the trustees for specific purpose5. Restricted fiJnd8 are 5ubiecled to restnehon$ on their expendrture irnposed by the (lonor. The aim and u8e ofeach material desyn8ted and resttTthd lund out In lh8 n¢Jtes to Ihe firiancKg1 statemerts. Page 16

NATIONAL CENTRE FOR WRMNG COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 ACCOUNTING POLICIES {conned) In¢omè Incorne is Tecounoed the charty has entityent to Ihe fijrth. any perfomiantè ¢ondibon8 attached to the Ilemlsl of Incorne have been met. It Is prcèable that the in¢ome 11 bè reeeived and the amount ¢an bÈ measured reliably. whe Income has related eypenditure las with fundraising or contract Income), the Irioyme and related expenditure are reported gross in the Statement of Finanaal Actiwtye$. The follwrvJ 8P8afic polThs are applied io p8rbr)Jlar cat•Jones of Incorne.. Donations, grants ar¥J gilts are fergnised then rectivabk. In ts event th8t a donation is subj'ect to fumiiing perfomance CondOn5 befo the chanty 1s entrtled to the fund5, the Income Is deferred and not rÈtognised until rt is probable that those ¢onditsons ¥wll be ftJlfiId In the repoTtino period. Income from Gift tax ¥1m$ Is r8rAgni8ed for any donatsons wrth reVant Gift Aid certifical85 r8wni$8d In income fcffj the p8ric¢J. Any amounts of Gift Ak1 not received by the penod end are awuntad for in in¢Lme and acuyed iTCe in debtors. Don? seNces and fgolrt$ are Induded 81 the value to the chanty, being tre amount the chanty would have been wllirg to pay to L)tain serwc4$ or faalities of equivalent economic tnefil on the open market. Where lega¢w h8V8 been nobfied to the chanty bLrt the crit8ri8 for InrLffia r8Cffjn0n havo not been met, the l•g8try 1$ Iroated 0$ a con'rMJent as and disdosed If motsnal. Interest on deposrt lund$ h8kl B indded recavable and the arncunt can be me8$ured rdiably by th8 charity which 1$ n¢vmalty UP notification of the Interest paid or payable by tha hAn Inccffl8 frcrn than1ab trading acbmty is acoJunthd forthi wmed. InCe fw governmant and Olher gr8nts arg recoanisad at fair value when the charty has 8ntthrntsnt after any perfanC COnd.0S have been met, rt is proba8 that the income wll be re¢ew8d th8 amount can i* mea$ured reliatty. If entilJ¢ment Is not mel then these amounts are deferred. In Judgem•nt6 and key •our¢M of •&tlmatlon uncertalnty Th8 preparatKJn of Ihe finana81 statements managernent to make I]9Ments. esbm8tss a 8ssumptiens that affect the amounts ¥epcrfted. Those e$D"mates and iudgaments are continually reviewed and are based on eynencè and other faraors. Induding eypectstion$ of future events that are b81iev8d to be Mast8b under the cwoJm5tanc No judg8ments (apart from thtse invOj e5bm#tesl have been made in Ih8 proc8s¥ of applying tt)e aithe accounbTrJ poli. There are no key a55umpb.ons ¢on¢Éming the fiJture. ror key 50UTce$ Of esbmatson uncertainty al the reportiry date that have a s¥Jnificant nsk of cau$iNJ a material adjuslment to the carryiNJ amounts of assets and liabile5 within next frnanaal year. Pa8e 17

NATIONAL CENTRE FOR WRMNG COMPANY LIMrrEDBY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDEO 31 MARCH 2021 ACCOUNTING POLICIES Itontlnuedl Ig Expendlture Expenditure Is recogni8•Y oncè there 1$ 8 18gal N cxJrtstru(ve ctly8on to make a P8yTnent to a third paty. It L5 probable that setdemenl wll be requirJ and the amount of the obligation can be wea5ur6d reliably. Expendilure Indudes VAT as the Charity Is VAT wi5tered and therefore this cannot bè recovered. VAT Is report&A as part of Ihe endrtu lo vthic rt relates. All exp8ndilure is a¢Vted for on an accruals ba$1$ urkler the follthmw headirys." Costs of raising funds comprise the costs 8ssociaied with attracting donations, grants and gaties and the costs of tradiry for lundraisiw purposes. Fundoising costs (So not include the C4)sts of di88eminabng Infornatson In supplyl of the chantabk actswbes. ChaTrt8b expenditure compnses Ih05e costs incurred by the charty In the dellvery. of ils 8ctNityes and services for its benefiuanes. 11 Includes both costs th81 can be allocated direcdy to such and those costs ofan Indirect natur8 n8sary to SUFPOrt thgm. Support costs comprise those costs which are InuJrred diredy In support of ehp8ndrtU on the objects ol the charity and Include go¥rnan¢e ¢051. finan. and office costs. Govemance ¢osts are those ¢0$ incurffjd In connection Wlh the compliance wth eA)ns)tubonal and statutLyy requirements of Ihe charity. Irneoverab VAT is charged a5 a cost against the acti¥Aty for%thi¢h ihe e¥p8ndilure wa$ Incurred. l ¢o$ts aro allocated bemen the e>¥drtur8 ¢8tegoiios of the SOFA M 8 basis designed 10 r8fkct the us8 of th8 resourc8. Costs relabng 10 a partscJJlar athiwty are albc4tsd dlrecdy. others are apportioned on an apprcpriate bo$ii. as set out in th? nows to th8 acc4unts. IntangIb as••ts Amortisaiion Is calculated so 8$ lo rt0 off the ct of an assrt k8ss its esb"m8ted r•Sual val. over the useful life of that assei as felbw5.' Websrte developrn8nVbe$wAe sofhvare 3 ars14 8r$ If the 1$ #n indicaton that there has been a $vJnthcant Chan in amorf1sati rate. useful Ille or ty$idu81 value of an intaryit4e asse( the amortwtron 1$ re prospectively to flect the new T•nilbh a88•t8 Tangible fixed a88ets are $wted 41 cost less depretsatson. AJI a$sets c05tiry more than £5CQ ar8 capits1158d. Depreoaiion is provhgad at raies cal0J1a to %wrte off the cost of fixed ass8ts, less their estmated Fesiéual val, overtheirexpe(X•J us8fiJl ¢n fdlowrq ba$l$.' Assets urTrder construction Lono terTn18asehold buik1ino$ Office equipment. fixlures & fithnqs Notdepwated unbi ccfnpl8t8d Over SO years 25% straioht lin• Dèbtor¥ Tr8de and other debtors are recAyJn¢ed at the seltlement due after any trade di8counl offered. Prepayment5 are valued at the 8mount prepaid nei of any trade discounts due. Accmed IncorDe and tax recoverab Is Induded at the best eStsMa of the amounts at the balante Sheet (Sate. Cash at bank and In hand Cash at bank and cash In harnl inthJde5 cash and short temi Itsky inve5trnents wtt) a short rngturity ofthree monlhs or kss from Ihe date of aCquiSOn oropeniThJ of fv depositor similar account Paee 18

NAnONAL CENTRE FOR V4RtTING COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEIAENTS FOR THE YEAR ENOED 31 MARCH 2021 ACCOUNnNG POUCIES l¢tsntlnuèdl Pension scheme The charty operates a defined contribubon pensian scheme and the pension charge represents the amounts payab bythe charty to the fur¥J in re5W of the period. Im) Credltord Creditor5 are r•cognised ere the Charty has a w8sent obligation re5ufo.ng frcfn a pa51 event thai 11 probably result In Ihe transfer of fvnds to a thir¢ party and Ihe amount due lo sett18 the obligatDn can be measuod or e$tsm4ted rdiably. Creditors are norrnalty recogni58d at their setuemeni amouni after allowing for any trade dKBcounts d. Inl Operatln9 l•ait allr••m•ni• OperalirHJ leasas are renIsed ovar the period of %sfiich ase falls dua. Beneflts r8c8lved and receivable as an incentive lo s¥n ofi operabng base are rewnised on a straight lir basis over the period of Ihe kase. T•xatlon The company is considered to p8$8 the tesis set in P8r8gr8ph 1 Schedule 6 ofthe Finance Act 2010 and Iherelore ff meets the definth'on of a Chantab company for UK cnrporalion tsx purposes. Accordingly, the company is potentsally exempt from wxatson In rasp8Ct of incorna or capitsl gain5 rocoived ynthin categories cove by Chapter 3 Part 11 cf Ihe CoraOn Tax Ad 2010 or Section 258 ef the Taxation of Charg&abk Gain$ Act 1992. to the extant that 5Lth intaJn• or gAins are appli&J exdusively lo Charitab purposes. Flnanctal ItrUMents The chanly only has fin8no818ssets and finanoal liabilities of 8 kind that qualify as basic fin8ncLql Instruments. Basic finènual instruments are Initsally rewnised at transactyon value and subsequently rne8sured at their setuemeni value. is 81 cost. wrth the exception of fixed 8$sets which 8 measured al cost less deprevabon. Induded In finanual assets are rrade debtors. accrued income and the bgnk balance. Piep8yments are not conshlered to be financi as$éts. Incjudad In finanoal Iiabilrtks a trade creditor5. accNals, defer income and other crart¢ys. Iql Stsff t•rmlnatlon costs Redundancy and terminati Costs 8re reCnd os an expew in tha Statements of Financk81 Advities and a lia"tty on Ihe 8alanco Shoot inm•dialdy at Ihe ptynl the chanty is demonstrab cornrnitt8d to either. Temiinate the pnent of an emplo8 orgroup of empk)sw$ t*fore nomial retirement dale". or Provth terninabon tenefils a$ 8 af8n offw made in order to enojurage voluntsry redundancy. Tho Charity considered to te deMonstraY cornrnitt onlywFEn rt has a detailed formal ¥an for the termination and is wthout alIStiC possibilty ofwtmrawal from the plan. Page 19

NATIONAL CENTRE FOR V4RITING COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEAIENTS FOR THE YEAR ENDED 31 MARCH 2021 DONATIONS AND LEGACIES Unre8trfctsd Funds R¢strfcted Funds Total 2021 2021 2021 Donat8 and grants 6.120 52.0 58,155 2020 2020 2020 nonats.ons and grants 156.093 159.626 INCOME FROM CHARITABLE ACTivmES Unrnstrlctsd Fund• 2021 R•sirf¢t•d Funds 2021 Total 2021 Box office receipts Course I workshop lees Praducr fees pathor eonthbution5 Cwalive Wnbng Onth'ne Norwch City Counal Norfolk County Counal Suffolk Countl Counol 8rili$h Counul Univorsrty of Easl ArrtJlia Art5 Counal EnglaThY East New Anglia LEP 4.028 7.250 83,284 4,028 37.357 97.952 154,701 62,800 7,442 5,000 50,000 30.107 154.701 82.8C#) 7,442 475.578 160.376 10,415 635.952 10.415 815.294 3Cé 353 1 121.647 2020 2020 2020 Box offits receipts Course Iwolkshep faes Producer fees and partnerrA)nthbub'on$ Creabve Wnbng Online Now¢h Cty Counal Norfolk County Council University of Easi Anglia Arts Council England East New Anglia LEP OIFr Inctyne 12.376 13,974 34,236 188,297 134,571 37,800 7,442 S0,OCh) U¥)2.021 31,336 48.620 134.571 37.800 7.442 139.677 466.405 435,616 2.230 10,448 12.678 780.¢Y)2 601.017 1381,019 Page 20

NATIONAL CENTRE FOR bVRmNG COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENOED 31 MARCH 2021 INCOME FROM CHARITABLE ACTIVITIES Icontinuodl 2021 2020 Government grants Indudeil in irtume fr(m thantsue aramtses are as follows.. Arts Counril Eryland University of EastAnglia Norfolk County Counul Norwch City Counal CaliVe StA)ttand Britsh Counul 635.952 50.W) 7.442 62.8(X) 902,021 s0,orKI 7,442 37,800 11,250 25.0 Apart from the Art5 Council Eryland fundirvJ. are no Unfulfil conditions 81 year end rel8ts.ng lo these gran(2020. none). Please se8 note 22 lor ihe Cdi.05 around the Arts Council England In 8dditon. wrth regards the Norwth City Counol. tt)e ¢hanty has a peppercxjm kg8s8 in plac& and more details are prowded Irb no 21. OTHER TRADING ACTIVlnES Unrtitd¢tfjd Funds R••trfctsd Fundi To¢01 2021 2021 2021 Mombership and sul)s¢npb"on inw¢ Book and merchandise Sa5 Venue Hire and cateriry incLffj• I,e65 513 1.865 513 599 Total tradiThJ incom¢ 2,977 2020 2020 2020 Mernbership 8nd $ubscription in¢cme 8ook and merchandise sales Venue Hire arK GqtenrvJ Inc8 1,656 1,656 1,616 $4,698 54,698 Totsl tr8dirrfJ incc¥ne 57 440 530 INVESTPIENT INCOME unrn&tCted Funds Total Funds 2021 2021 BBnk irfel recei¥ed 4.224 4,224 2020 2020 8ank Inte$t received Page 21

NATIONAL CENTRE FOR V4RITING COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCLAL STATEMENTS FOR THE YEAR ENDED JI MARCH 2021 COSTS OF sING FUNDS Unrestrlcted Fund$ Réstricted Funds Total 2021 2021 2021 Salary and furylraising overhead costs Cost of tradiry actiwty 24.166 378 24.166 378 Totsl costs of raising fund5 24,544 24,544 2020 2020 2020 Salary and fuTh4raising overhet4Y ¢ts Cost of tradirg 29.756 30,922 29,7 30,922 60,678 80,678 EXPENDITLIRE ON CHARITABLE ACTMYIES Unro*trfctsd Fund& R¢•¢rfGtsd Fund• Total 2021 2021 2021 Art Leaming Place Susiain8bility and Ifi8bil Owratiens 196,892 165.667 2.742 38.298 501.316 230,854 118,183 427,545 283,850 2,742 53.794 501.318 17.496 12.714 386.533 1269.247 2020 2020 2020 255.974 154.228 11,847 46,754 365.271 264.602 88.479 95.099 520.576 242,707 1C6,946 46,7Y 365.271 LeamirrfJ Placo Su8tsinability 8nd Operations 834.074 448,180 1282 254 TOL91 eXnd1¢Te on Char6tsblo A¢VIlle% is split a8 follows.. 2021 2020 Direct costs Support CA)sLs Inote 81 640.887 628.560 652.144 830.110 1269 247 1,282,254 PaEe 22

NAnONAL CENTRE FOR WRMNG COMPANY LIMITEO BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 SUPPORT COSTS 2021 2020 Salaries & Freelance Admin & IT Finance Comm5 and Markot Projramme and Prtsjuction Gov8manc costs Inote 91 Pr•nises 444.660 61.925 1.709 15.774 18.335 10,810 76.856 630.109 59.468 1.233 40.708 10.823 40,657 828,560 ANALYSIS OF GOVERNANCE COSTS 2021 2020 ALIlorS r8munerab¢Jn (see 101 Other go¥marts costs 11,160 337 10,823 9,912 898 10.810 10 AUDITOR'S REMUNERATION 2021 2020 Fees payabk8 for the audit of the financ41 s¢awents Ac¢ounlancy costs payabkry ttstt audrter 8,180 8,580 1,332 11 NET EXPENDITURE 2021 2020 This is staled after ch8r9lnglltThY.TrJl.. Amortisabon 0fintsry1b assets Depreciatson of tangib fixed assets Definwj ctrOn o)nlribub 4.213 52.816 20.393 56.302 Page 23

NATIONAL CENTRE FOR ¥RinNG COMPANY LIMrrED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 12 STAFF COSTS The totsl Staff ¢05ts and a0Yea benÈfrts lorthe reporbT%J peric•J are anatysed a5 fc41ow5'. 2021 2020 Wages and arleS Social Security costs Ernployer contributions lo pen plarts Other staff & fredance costs 562.257 44.291 21.232 56,978 684,758 8.024 45.803 20.393 98,960 701,180 Staff rè5twcturing costs IExit payments) 2,500 684.758 703 880 The ¢hanty Lyrates a defined conlritwtson scheme. Contr4xJb"ons totalling £nil12020. £nill were payab to the fund ai balance 5h88tdate. Key Managem•nt P•rsonno1 Key management personnel Ind all Fersons Ihal h8ve authonty and r85ponsibilty for d8nning, dir8cting and contrling actiwtses ol Ihe Charity Key manag8menl personnel ¢on51sts of the p80ple Iisied on page 1 and the tru$tee$. Tho Iotsi remuneratson paK110 key rnanagarnant parsonnel for service$ prowded to Ihe ch8nty was £254.98612020 £243.7541. The averag¢ head Unt orthn0Yoe5 durirvJ the y¢arvA$ 35 12020". 331. During the year, there was 1 employee whose total employee benefits lex¢. pension eostsl were be £60,000 and £70,OLXI.12020. 16mpby8e £60.1>)3 ond £70,LThII. 13 TRUSTEE REMUNERATION AND EXPÈNSES One trustee has been paid remunerabon and recewed other benefits fr(m employment wth the chanty. Dr Chris Gribble received MUNeratIOn of £67,421 and pension contributions of £2.69712020 £61,617 remuneration and £1.9CO pension coninbubonsl. pai(J under his role as Chief Execubve Officer of the charity. The CEO Is paid undertho authority ol Ihe Memorandum and Artscles of assooation. ¥$ awendad by Spetsal Re$olubffi in 2011. Two twstees dairned experw or had thw'r 8yn888 met by Ihe thaftty in raspaL of travd 8nd subsistentrÈ totallirvj £17912020.. seven trustees £5.4381. Page 24

NATIONAL CENTRE FOR vffimNG COMPANY UMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 14 INTANG18LE ASSETS W8bsit8lBe5poke SOare Cost At 1 April 2020 Additons At 31 MarGh 2021 16.850 16.850 Amortl$•tlon At 1 April 2020 Charge forthe year 16,201 A131 March 2021 16.850 •rrylng amount Al 31 M•r¢h 2021 At 31 March 2020 Is TANGIBLE FIXEO ASSETS Longterni L•a8ehold Land & Bulldlngl Flx¢ur•s & rittlng Olll¢• •gulpmont T4)1•1 C08t At 1 April 2020 Addits¢n$ Transfer 1,560.595 44,434 39.913 82,971 9,100 13,3821 1.663,479 53.534 At J1 March 2021 1.805.029 43,295 1717.013 Depreclatlon At 1 Apnl 2020 Charge for the ar Transfer 31.212 31.582 14,256 10,637 775 19.464 14,083 17751 e4,932 56,302 At 31 March 2021 62,794 121.234 Carrylng amount At 31 March 2021 1 542 235 1.595 779 At 31 March 2020 1.529.383 Page 25

NATIONAL CENTRE FOR VIRITING COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THEYEAR ENDED 31 MARCH 2021 16 DEBTORS 2021 2020 Trade Debters Prepayments and a¢¢rwJ irKome Other debtor5 3,288 31,960 1.633 19,018 94,356 831 36.881 114,205 17 CREDoRs.. APAOLINTS FALLING DUE IMTHIN ONE YEAR 2021 2020 Trad• ¢redrte Accruals and deferred In¢om• Social security arKY Olher tsx Other 10,624 163,729 11,530 8,816 18.507 125,589 13.133 5,894 194.499 163,123 2021 2020 Deteffed incom8 breakdovm Defeed Income brought foThYard Re*a$ed during the year Déferred during the year 30,327 116,8951 37.485 38.872 138.6721 30.327 Deferred income car fowrd 50.917 30,327 Deferred income r&l8tes to Inc4¥))e received lor future evenl FUNDS SUMMARY Yèar Ended J1 March 2021 Unr•Btwlcted funds At 1 Aprfl 2020 At 31 March 2021 Income Exyn411tur• Tran8f8r8 Gonéral Funds Designated Fund- Stratèa Reserve Designated Dragon Hall fixed asset Improvwn8nts fvnd 152,9 864.655 1908.6121 42.554 151,503 117.350 2.184 110.(IYJI 109.534 1.588.089 1,858.345 1,579.443 1.840,480 927,258 Page 26

NATIONAL CENTRE FOR WRlnNG COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 18 FUNDS SUMMARY l¢orttirhu¢dl At 1 Aprfl 2020 At 31 March 2021 InGome Expendlture Transfers Restricted A4E Art, Leaming. Plaw FunJs Bulganan Residency Capital Proieu IindudiNJ WREN) Catsiyst ity of Lthratu for Yourvj People Communty Developmeni E851 Anglian BoL4( Award5 Escalator Geoffrey WatlirvJ TN8t Hentage Waddibve Grant Heritage Building Fund Heritage Volun18er Fund High Slr88t Ta*8 LQ trom Ihe Inside lkngui$hl NCW Awgrds (Eaty Camtsl No11Ch Nethertands Re$Klen¢y Re¢kitl Arts Tru$t Re$itlency Saturday Writing Club The Inn Crowd 2 Time to Wrile Tronsfomiw Leadership TP Mentoriro 23 UNESCO 180.717 77.6CK) 199.3271 11.3241 157,666 597 335 533 11981 49.679 57.828 17471 144,4321 4,500 57,828 1.716 142 14,0751 119)) 15041 2,359 8,779 8.779 7.500 4.500 12.391 4.e74 12,391 4.753 1791 13,8CKII 15,6771 185,8981 14.7501 17271 11.5WI 23.070 175.577 5,579 17,393 116,388 5,885 26,689 727 2,500 13.8661 114.4061 743 16,732 3.440 132.743 3.750 e,228 3,440 89,292 5,014 381 72.99e 717 30.240 1102.6911 171 1,271 381 47.208 717 406 Visible Communrtias VVCN Bvrsanes Fund Word5 an¢J Way5 Yan81 Initsolive Co118bor8tiOn 2020-2023 47.C 121.2121 14Cel 18,419 366,533 419 42.554 TOTAL FUNOS 2021 2,468,103 1.225,227 1.293.791 2 399,539 Page 27

NATIONAL CENTRE FOR VIRITING COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THEYEAR ENDED 31 WIRCH 2021 FUNDS SUMMAR Y IcontOnudl Yar Ended 31 March 2020 unTr8t¢td fund• At 1 Aprfl 2019 At 31 March 2020 In¢omè Expendltur• Tr*n8fer8 General Funds Designated Fund- Strategi¢ Reserve Designaied Dragon H811 rixed asset irnprovemants fund 137,127 847,946 1816,5311 115,8361 152,906 144.568 127.2181 117,350 51.(¥J3 1,639,092 281.895 847.946 1,623,456 894.752 1588,089 1858,345 Page 28

NATIONAL CENTRE FOR WRMNG COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 FUNDS SUMMARY (Gonbnuedl Year Ended 31 March 2020 18 At 1 April 2019 At 31 March 2020 In¢om¢ Expendhurt Transfevs R¢$irf¢tsd A4E Art. Learning. Haces Funds Words and Ways Catalyst City of Lrtera for Young Common People Community DeveloFffjent Cultural Education Partnersh Cultural Places 2 Dragon Hall Caprtal Prqect Iinduding WREN) East Awlian Book Aw8rd5 Engagel Escalator Henlap Buirng Fund Herilaog Voluner Fund UEAAES Intemaiional Lrterature Showcase Intemalional Proje¢ts- Lrteraiure Museurns VIS Communthss Japan Now Ea$t Lrt from thè Inyth matth Project Never Ending S¢or NCW Award8 Nowch Norfolk w11rfe TN8t Estonian Residency l¢landi¢ Re$idenGry Bulgaan Re$identy Reckfft Arts Trust Residency General Residency Salurdaywriting Club Indonesian Residenty Nelherfands R8sidency Passports Residency LIT KOan Re$idenLry ARKO Korean Re51dency Singapor8 Residency Th8 Inn Crowd 2 TransfomiTrJ Leadership UNESCO WCN Bursanes Fund Wnbng P18ce5 Ilndial 121,915 208,610 1146,0631 13,7451 180,717 298 406 57.828 1.716 3.813 13,2071 4.443 875 {10,5991 12,0911 11,4931 7.872 614 142 8,370 3,473 18.3701 14,9731 1.676,599 39,470 127.2981 11,639.0921 13,3091 118.7251 112.5601 49,679 110.1731 111.1751 9.391 6.177 14.860 12.9S8 14.038 10.799 12,391 4,753 1.893 13.3171 13,CX]01 18.7501 8,750 12,2421 112,7921 16,5841 12,5501 12.4471 17,9)01 153.5311 128,4881 11.4221 11.0531 19991 1%71 807 28,( 47.208 25,620 23,070 1,949 229.108 23.250 1.570 175,577 5,579 10,817 11481 1.053 828 1.1CIJ 533 3.979 3.123 4.700 2.303 13.9791 3,123 14,7001 16881 1.315 19921 13,9451 13641 12,5161 13,5551 111,9391 120.4S21 140.7041 12.303 20,352 79.944 3,900 39,240 381 717 381 717 17.499 1,623.456 1.923,754 448.180 TOTAL FUNDS 2020 2,205A49 1,605,586 1.342.932 2,468,103 Page 29

NATIONAL CENTRE FOR WRITING COMPANY LIMITED B Y GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 18 FUNDS SUMMARY Icontinuedl Arnbitton for Excellenc• Ambityon for Excèllence is an Art5 Counul Ermjland strategic bjnd to support eXcelnCe In wort, export and place making. Our programme of new wrk. p8rMerships and pr(motyon of NOth as a ontre of excelnCe in Irteratu wll njn wrs. A propoFbon ef the residu81 balance on Ihe Inlem8tional Lrteralv Showtase fund was tr3nsferr•l to th8 A4E fijnd. Words and Way8 Our team of maiwe tLrtors transfomied inlo eyrt adventure charged with training up the next ganeralion of young traVelr5. In Ihe first y)rkShOp, Students got Chafi to their Imaginative rnusdes and to reci¥ thèir travel book$. In second workshop, guid&Y by their log books, they werg allenged lo tum their rnemoiies into poems. stones and words of $dOM. Cataty8t An Arts Counrjl Eland fuThYed project lo enab arts organi58tions to grow their cApaty to raise new funds fr¢yn IndivQuals and philanthropists and Ihereby dwersify their Income $tream$. Wrrters. Cenirè NoNich has been granted £240.000 over a of bme In order to deliver the National Conversation, the Oigital Hub and cur lundraisirrfj devd¢¥Thnt prcgramrn? Ihal 411 supry)rt our groth Into the Nation81 Centre for Writ'ng. A propoition ot Ihe residual balan ¢)fi Ihe Intwnabonal Littsralurè Showcase fund was transferred to the Catalysi fund. lty of Lltorature for Young People These funds are used for covering Jr cu8 p¥oJr0mM for ¢ikYren young peokle whleh run throughout tha year Time to Wrrte. the Creabve Ro>ashow, the YourvJ Norfolk writsng competition, Children'$ cty of toratl. Common People In partnership th West Mk11and$ Creab"ve and New Wnbng Noth are supporting writers frem working dass b8ckground in theird•v•loprnertl as part olthe de wa edited anthalogy from Unbound. Cultural Edu¢•tlom P¥rtn•rnhips Thi$ 1$ a restncted fund the NNF 8ridgtr ihat support5 Ihe development of a Cultural Education Partnership under the banner of the UNESCO City of Literatu for Young People programme. The transfor out of Ihis fund. on compbtron of the pr(¥Jramme. presents thts r6spJual funds 1X818d to an amematsve Leoming and P8itiap81ion resliicled prcgramrne (Engage). Culturnl Place• 2 This is the second aSe of the New Arylia LEP Boar prfyjrammè to $upport uJllural tourism devolownenl In Norfolk 8ThJ Suffdk. Dragon Hall Cipiial Project Ilncludlng VIRENI The resincted fund for Dragon Hall campnses the retain funds fcr the cspital programme. The eosts cover furKlraising, key overhe8ds around management and ddNery of Ihe capital bid. 11 also Indude$ a fund tOW8rds our capital programme Irom WREN and FCC EnwronfflenL The transfer lo unre51ricled fund8 presents the amount went on the capilal prqeL1 which has been Unrestrict onr£ the spent was completed. East Anglla Book Awards Thé East Anglian Book Awards Is the key wional ik award5 for Norfdk. Suffdk and Fenland. Developed by the EDP and Jarrohj. WCN has been a core partner for six years and supports the éevelopment of the pnze and its administration annualty. The transfer into this lund during the year trom unrestricted funds represerfs the tharrtls funding ¢onknbubOn. Page 30

NATIONAL CENTRE FOR V4RlnNG COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL SYATEPAENTS FOR THE YEAR ENDED 31 MARCH 2021 FUNDS SUMMARY Icontlnuedl EngayÈl ErvJagel 15 partnet5hip Natyonal Centre for Wriury. Pen Catsla, Det Fria Ordet Hus and KBF, funded by Creatsve Europe. The prc4ed was d&Sned 10 produo a manual of best practise for engaging young peop in literature and the 3rt5. The Natnal Centre for Wr.5 actimty was recruiting a group of Jung peOe lo d8sign and delNw a festsval In 8 day. as part of thÈ Nortolk and Nonwth F&sbv&. E•¢•lator A continuation of our succ85sfiJl Escalator Pro9r8mm8 SUPPUt8d now wth funds from the Leverhulme a Michael Marks Trusts, * will tary on this prouramme of tslent developmnent through 20120. The tran5f8r Into th15 fund dunng ts year frorn unfy5tncted funds represents the charitys fundirva contnbutk)n. H•rftai¢ Bulldlng Fund & Hérllavè Volunts•r Fund This fund Is o restrideé fund donated 10 WCN by the N¢xfolk NolCh Herit48 Trust when it wound up operatrons in 2016. The lunds are lo be used only to support th? need$ and odu¢ats"onal acbvities of the Dragon Hall Hentage VunerS now mana9ed by WCN. UEAJIES Collaborating UEA and tha Inst'lute for English S¢LKlw to suwrt a Nomch (lferenCl981erin9. Intern•tlonal Lhorature Showca8• A partnership British Council. the Inlematsonal Literature Shth¥c4s8 IILSI yesents the best ol ntemporary British Iii&raiure, and bnry together a ctsmmunrty of vmters and litarature professiona15 to share best pmcbce. form partnerships And (xeate new collaboratsve proieets. The project Combines online showcAsirwJ. discussion and comrnunity bu11n9 a physi1 oaihenng over a w8&k in NoMi¢h UNESCO Cty of LIterare. and a Collaixiratyon Fund to offer 5rnall-5cak8 seed fvnding to support the develop of rp8W projects arising from ILS. A proportKn of the restyjual bolarKe this fvnd was tr¥nslerred io the rostnctod lunds A4E and Catsiysi Intsrn4tlonal Prolects- Llloralure Mu8•umB An excharge betsn the Natson81 Centre ferwnbng and the Kinosaki Literature Musaurn. explonng use of literary henlage In our programmes. %Mth Surt Litstock and the GB Sasakawa Foundation. Vl8lble CommunKle8 Explonng how Iiiefary translation orMJgg¢$ wth lrterature ctymmunrty devebpmtsnt 8Ctiwlva8 ac$ England snd 5uFporbro actson b8mirrfJ fcr test pr#cL. LEP Cultur¢ Confor¢n¢• SupkKKtino c(Hltrlivery of a cOnfenCe on sUstsin8b Cthjral Gr¢y*th With Naw Anglia LEP Cultu Board. Matthow Pro¢1 A senes of storytelling workshops for parents and carers of Ck5s who ladt ¢onfidence wrth storyt811ing. Wa have searChed, develowj and ¢Jesigned a corfUl storyteUir¥J padt whith all papants will raceive. and ill be available onl1r. Never Ending Stori A series of storfftlling wothshops for paTents aTh1 GqTers of (k5$ vtho ladt confrdence %Mth 5fotytelling. W? have researched. developed and deSIgd a cok)Tful storytelling pack which 311 partiaP8nls wll receive, and will be ava1188 online. Page 31

NATIONAL CENTRE FOR WRITING COMPANY LIMtrED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 FUNDS SUMMARY Icontinuedl NCW & Orseis Trust As50Ciate Atht This restn¢tsJ fijnd sutwts an emergiTrJ T0verthe wJr5e of a year. 18 Non¥ich The crime wmng fe$b"val partrershp UEA atraLts a rdrye of resthcted funds that are disbursed only lo advance the lestwal 8irns prcgramrn88. Norfolk Wildlife Trust In partnership wth Ihtr Norfolk Wrfdlfe trJst, the Common Ground prciect aims to stimutate thiran,$ errfjagement wth the naturavhistory of the rxJmmon$ through ueatyve writsw delivered through school and sit&based workshaps and by NCW tyJtus. eulgarlan Resldency A Short resenCY opportunty for 8 BL&Jorian writer or translator. in pathfship %4ilh the Elti8beth Kostova Foundab'on. Gonoral Resldency Indirect overh8ads related lo Ihg reslnried resthncae8 kYOgramm•. Indon18 R8sld8ncy Residency opportunibes lor lTrSJn88ian 11813. as part of the lThJongsi8 Market FoGu8 at London eook Fair In March 2019 Irinlan R88ldonCy A short residency lor an Iranian ¥lter. in p3rth¢rship vL8.1¥j Arts. Kore4n Re4ld•ncy An annual resthncy owrtunity Korean vKit8r8, in path8rship Arts Coun1 of Kore8, Th• Inn Crowd Supports rural pubs throuohtyJl Scth East aTh East of Eryland lo h05t 8poken word inspired events 8y provIng high quality. professional entertainment lo rural areas we support pub landlords to attract ¢v$lomets, develop spoken word audiences and reinforce the pub as cntr811o community life. Inn Crowd is an Arts Counryl funded partnership bemeen Wlause and Creative Arts E8SI wth 8rti$t¢ potyers National Centre for Wriliry. New WnbrJ South and Pub the Hub. Thé Inn Crowd 2 An extsnsion ol the INe liler8lurelrw81 touring PTogramm¢. Tho Inn Cro1. iaking ntr*Ay Ctsnmissiod worf( to areas of low arts prO$1¢n au0$$ Ihe souih east. south 51 rnidland5 and west of England in partnership wrth Nwlau5e Rural Touriry aTrJ creab Arts East and supported by Arts Counul England. UNESCO The Charty led a developmental for NoM¢h 10 bB¢LThe a UNESCO City of Lrterature. This was finalised in 2011-12. WCN 5e0j Managed Funds aTrJ Grants for the Arts fvnding from ACE to develop the partnerships and programm8s as partof Ihe wvJoirvJ UNESCO Cty of Lrterature developrnent process. WCN Burnarlos Fund This Is a Stricted fund to supw)rted act to WCN ¢ourses and WOgrrnes for lterS and artists facjng finanu81 difficulbes. Writing Pl•c¢$ Ilndial This project Is a partnership WCN. UEA India aTrY BCLT that was siippth1ed by 8 grant applied for by WCN from the ACEIBrrt15h Counol Re4magine India fvnd. The transfei out of this fiJnd during the year lo unrastricted funds represents Ihe reshaual wqect ovarhead recovery. Page 32

NATIONAL CENTRE FOR WRITING COMPANY LIMtTED B Y GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 FUNDS SUMMARY Icontinuedl 18 Art. Leamlng. Place Furbds We have three donaiion boxes wherety memLv5 of the Public are ab to give Sm1 donations towards our core aim5. NCW Awards l Eady Career Awards new forrn of literary pnze, combining the pw of award$ UnUe. >tar-round educational programme of Ihe National Centre for Wribw. Wth Ihis suite of prizes, compnsed of thr88 distrnct awards (the De5wond Elliott Prize. the Laura lQnselJa Fellowship and the UEA New Forrn5 Award), and thanks to support from Arts CouncAI Eryland, NCW has Created an earfy career dlts1 programme, prolding free resources, professonal deVelent and industy aoir for n8w ¥witers. Tailored earfy career support for the award wnning ¥¥nter8 IndJe reskJenLy opportunths. rnenlorirq and industry support lo help them build a Sustainab ¢areer. Estonla R88ld8ncy A residency eKch8nge prcgramrne for kn th ¢onneckns to NoN•d) and Tartu UNESCO Citie5 of Litsralu Icel•ndlc R•8ld•ncy A short UNESCO City of Lrteralur¢ reshJen¢y a$ of the N01Th Crimè Writiry F8stiv81, supported by the Ice12ndi¢ Liieraiure Centr8. Japan Now East A short residency and 8 serns of work$hy and events focur#J on Japane58 litsrature and Iransl8bon a$ part of the Japan Now festW81, in partmrnhip wth UEA and fiJnd8d by the GB Sasak8wa Fountsatyon. Ut Irom tha In81d• A three year programme for young peopb to Inttea88 8wrab"on$. Skills, knthYl8dg8 8nd connections Into the art $ethor. Each year a eohert of young work tOgett lo gain eyrience In d&$ignlng and programming Iiter8ry e¥nts, Insvjhts Into Ihe Indu$¢ry by going on thp$ to literary f85tivals and working tOW8rds their Bronze Arts Award. Nethorf4nd8 Rosldoncy Restdencies lor Dutch wntsr¥ 8$ part of Nw Wnbn9 tpaign, supported by the Dut¢h Foundab"on for Literatu. Passaporta Resldency A residency exchange progr8rnm8 for wnters in Ihe UK 8rkJ Bd9iLM. Reckltt8 Art8 Tru8t Re•ldency Funding for a series ol one-week re8*lerKi88 for UKthsed lter8 and tran$latots Iposwjnéd to 2020-211. S•turd•y Wriiini Club A serias of out of school cre8tive I7brj and perfomiance wkshcos for yourrtJ peop in Norwich and Norfolk from aw$ of hwJh deprwabon and low artslcunure prowsion. Transfornlng Leader8hlp A 30 tnonih leadership devel¢K¥nent progr8mme. It is e5jrd to develop 20 executive and 20 next generation aders, skills and capacjty in the CAJttural sector to effect creative, $ooal and economic ch8nge in Norfolk and Suffolk through t£)Ilat)Dfabve wotkiw. are senS¥ty arid Innovative thinking 11 will support Identrfied needs for adershIp. tslent. diversrty. Indusmty and Innovabon in the New Anglia region. Pace 33

NATIONAL CENTRE FOR VIRITING COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 FUNDS SUMMARY Icontinuedl 18 Emerging Translators Programma for 21122 Supported by 11 partner organisations. arè deliveriThJ 11 gx4nonlh mentorships 8s wdl 8s short-terrn menlonng sessions for tsx> ruMer5-up for emerging translators rkIng in 8 vanety of often lesser- translated languages aThllor coming from uThJeepresentl batJ¢grnd$. G8offr8y Watllny Tru81 The trusi grant funds a pr(p3ramme of creatNe wnbryj aclwty for parents. chik1r8n 8nd young p80ple gÉd 2_ 18 Neverending Stones 5torytetling resourees and th$hOpS aimed at increasiw confidence th words and making homes more siarytdling and book fnendly. the Laureate programme gives talen young peop a 1 y88r long eyrvdnce of writsng opportunitse$ aN1 mentonng, Time to wn arè NCWS open acce55 creabv8 wortshops for &17 year 01$. Escalator 21 Escalator Is our annual I8nI develwmert sth•me cyen to unpublished e8ty career fithon vrriters (novel or Short 510ryl Iiwng In the Eastem Region. Th8 region 1$ made up of a diverse sooety of rn8ny voice8 and 8uppornng wrrt8rs are urvjer-reprtsented on UK bookshelves has become a core objectsve of the prqect. It has en nJnniThJ for 16 years and has supported over 100 wnters at the beginning of their careers, many of 7 have go on to wth a9ents. publish and win award5 and ¢niieal re¢ognits"on lor their wnling. Thè prcgramme consL5ts of mentoring one.Iovone exchange b8Nveen wnter and mentor. who Interact regularty lo wewwoth. di$cuss challeng0$ and sel g031s. The $8kcted applicants wll abo tske part In a residential retreat at NCW5 Oragon Hall campus In Norwich and a final $howcase event al whKti mentees have an cpportunity lo preseni their worf¢ and network wlth agents, 8dilors and other pU1$hing iThJustry profession81$. E$¢alatiy is funded by Arn8zon Uterary Partnership. Lady Hind Trust and defior5 of the'E5calalor Needs Your Help. campoign. Hlgh sir••t T•l•• High Streei T8le$ wo$ an Hisionc Ergland prograrnma m8nag&J by New wrtng North and delivered in partnership wlh the region81 Iiler8ture develoryment agenoes nemfjfk Iin Ithith w8 r8pre5ent th8 ea81 of England). From hithjen hi$tor$ to local urban ltsgonds. eight contemporary llerS aeross England worked wlh th8IT local communities to explore Ihe 8¥ryday Mag ol hioh $treei$. We recwiled a pair of vmters. Ellie mCKJnlaKholinran and Ligia Ma¢edo, ar supported thern to work the communitse$ In Greai Yormouth 10 iell a of their high street. The seven stones. or 'High St1 Tabs., were published as an ebook. aThY the wrrters also narrated their siones for o'High Street Tales, podc4st series. Yanal Inltlatl In partnership Ythh Yanai In01 I4 gre offering o japan menlor5hp as part of Ihe Emerging Tr8nslaiors Mentonng Scheme and a Japanese workshop at the 8CLT svmmer s¢hool, and we are supporbng 8 new chapbook ol wltemporary Japarnso wnbng in Eryligh trans181ion to be published by strange Press. Herltage Waddllove Grnt A grant frorn the Sfft'a Waddilove Foundation trM8rd5 the"Restoring the South Door Sury¢yJnd (Ogee Archl arK1 the Great kn¢h' at Draoon Hall. Tlme to Wrlte CalIve wnbThJ and woKk5h¢Jp 5essior foTyoung people frryn 11-17 years eld during the xhool holidays. These tske place ITh Person at Dragon H1. Pa8e 34

NATIONAL CENTRE FOR vfftmNG COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDEO 31 MARCH 2021 FUNDS SUMMARY l¢ontinuodl 18 Deslgnated fund8 Stratogic re8etV8 DeSnated furvjs are for invesbnent in innovatsve or excepljonal artfomi prqe¢ts. or for investment in projects that generate mediutn to loryJ term income or thve operalirfj sawros. capal project The designated fund for eapital propct Tdates to the Dfa9on Hal caprtal fiJndirvJ and rela costs. 19 ANALYSIS OF NET ASSETS BETWEEN FUNDS Unroitrlctsd Fund8 Ro8trfct•d Fund• Total Funds 2021 2021 2021 Intaryible a$$ots Tangib fixed a8s8ts Cuffant assets 1.595.779 244.701 1,840.480 1,595,779 803,780 2 399 539 S59,059 559 059 20 2020 2020 Intangib assels Tar$1b fixed assets Current 8$sets 649 1.508.546 259.150 1,858.345 649 1,598,548 868 908 2.468 103 609,758 609 758 ANALYSIS OF NET DEBT At Start ol pedod Calh flows At ond of perfod 2021 2021 2021 Cash 43 552 961 378 2020 2020 2020 Cash 719.636 917,826 21 Op¢r•iin# f•se commftm•nts The charity has a 18ase The Crty Counc4 of Norith for the Dragon Hall prernises from wttich rt operates. This is M a peppercorn charge of £1 per annum StsTbng on 1 August 2015 and running until 22 OclL*r 2096. Further detaiL8 surrcxjndiw the restrpLcns aCed on the property are ewLgined in note 22. In year. In¢tyne was received frorn the Counul totslliw £62.800 of unrestricted ftjnding 12020 £37,800) £37.8(K) olwhth lo support the prow$ion of a range of performing ar media arts to the community. and piorw fA)IlatKJrabve prqects wth writer5 and other pathrs. Q5.000 r81aled lo Cod. 19 hospitalfy granL5. Page 35

NATIONAL CENTRE FOR VIRITING COIIPANY LIMITED BY GUARANTEE NOTES TO THE FINANCiAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 22 Contlngent Ilabllfjty Included in the funds note 18 15 £NIl12020." £39.4701 relates to fvnding prowdY by Arts Counal England IACEI trj carry oth a capital bully prqect and reiShment woths at Dragon Hall. The total r1Ve from ACE In respe¢t of Ihi$ project sin¢e its in¢pt is £900.CAX) and £1.595,779 is net book value of assets IneJLQed in note 15, purchasJ paruy wth this funding. This balan Is also indude¢J in a separate iJeSUna fund In note 18 The ACE fvndiw wuires that the tems of the de of covenant beeen ACE and National Centre for Wnbng te adlEred to for a pentsd of 10 years trom 23 Aug 2017. Any use of the building olher Ihan Ihe 4reed use18s per the ase behveen Nowich City Counol and National Centre for Wnbngl rnu51 have Pnof Wirten consent from ACE Ifthis tondibon is not adher8d to there Is polent181 for ACE to funds provided the capital works. Iri addition to this fvnding, Nabonal Centre for Wntyng also re¢ewed £835.952 trom ACE In year to 31 March 2021 12020. £862,5511 In respect of Core fvndiTrJ £47S,57612020.. £466.40518nd Strategic Projects £160,376 12020". 396.1461. Pka$e $ee note 3 fordètails of all income received ACE. 23 Relatsd partla The Twsiee, Prolessor S Barrow. Is Ihe Pro Chancellor of Ihe University of East Anglia. Annual funding of £50.000 12020 £50.0001 was recewed dunng year from Iho UEA. of whi¢h £nil wa$ outstanding al year end 12020 £50.INJOI. £6.OCO12020. £nill was also receiv as p8rt of the partnership COntbUtK1D. £nil 12020 £23,986) vrd$ reeeNed from the UEA for %enuelr<My)) hire and foodldnnk of which £nil w88 Outstanding 81 the year end 12020" £nill. A letsl payment of £33,924 12020 £66,091) w88 to UEA as the partnership settMent for Creative Online course$ for 201912020. A furtsr amount of £33,892 12020. £27.7LKI was accrued for 2020121. £3,87712020.. £5.1231 was pa as 8 pathernhp setU8ment for the 2019 NoNith Cnme Wnbng Fe$Jval. £nil12020' £3.8771 was arMd for Ihe 2020 Festival. or the £36,OCQ due to UEA12020" £36.(ml rdabn9 to the Bntish Centre for Lrter8ry Tr8n&l3tion IBCLn funding agreement. £27.000 12020 £27,C4J)I has been pahl ¥ith £9.¢0 outstandiro at the yoar 6nd 12020." £9.0001. The TNsle8. Mr A Walera. is Council L•ad•r for Nryw4th City CtyJntil Annual fundlng of £62.871202O' £37,8WII was recewed dunrvJ the year trn the NCC. of which £nil was outstsndiry al year end12020" £37,8CQI. Mr Water 15 also a Regional Board Member IS¢uth East) for Arts Counal England. Income of £635,95212020 t2,021) was received ACE dunry Ihe year wth £nil12020 £nill outsignding at the year end. £475,57612020 £466.4051 ol this InCe was for annual fvnding, £nil12020.. £39,470) lor the Oragon Hall capital prqect and Ihe remairKJertowaTd$ iThJMdual proie¢ts. Caroline Mecornick (Trusteel Is a director of Achal85 Philanthropy Ltd. £19.134 12020 £4.7551 w9$ Poid for the prow$ion of ¢on$uh8ncy serv. No amounts 8re outstanding 8t the ar erd 12020. £nill. These amount5 were paid under the authonty of the Mem(tsndum and Arnde$ of assttiation. a$ arnere by Speci81 Resoluuon In 2011. Donation5 tolallirvj £189 12020". £nill re recefftd frrffi Tafvr lfinters LLP. an LLP In which Jarnes Slinger {TrLtee] is a partr. £nil was outstsnding atthe yearnd12020 £nill. Restncted income toialling £75012020.. £nill was from creats.ve Art5 Easl where Alison McFartare IKNPI Is an Execubve Dire¢xor. £nil was (Ajtstanding at the yearond12020.. £nill No other related party transactions have cwJrred12020." nonel. Capital commitsnents The charity had a capitsl c(Knrnthent in pl vthh R G Carter at Ihe year end for works to cornpte at Dragon Hall lotalling £nil 12020.. £44.4k lincJLhling retention of £44kll. Professional fee5 of £nil 12020". £1.2kl We a150 cwrnthd lo in relabon to the Gqprtal prqect Totsl caprtal commibnents at 31 March 2021 totalN8d £nl12020.. £45.6kl. Page 36

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