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 stat￿ents for Ihe 31 March 2021.
R lor8nc•
InIStra￿Ve 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•sig￿d 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 W85tmi￿t8r 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 wrI￿n9'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 e￿ec￿ 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 Na￿ana1 Centre for Wribng at Dragon Hall a$ a
creatively distinctive. nationally networked and finanoalty resilient centre of eX￿llen￿ that delivers beneftts to
wnier5. literary translators. th8 literature se¢ter aTh4 our physical and d￿lia1 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 pa￿1 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 a￿S￿C pwr of creaThve and literature. Many of the
programmes ar6 free and ￿ WO￿ hard kn •nsure Ihol all our yogramme8 8re difft8, a￿ssible and affordab
Iwhere payment is necessary).
We m*a5ur8 our SU￿$$ Ihrough fw headline strategic aims
m 1. To cr8ate opportunities for Wn￿rg and literary tyanslator5 and surwrt a d￿tr$8 and vibrant lrterary
ecology.
Aim 2 To increase Ih¢ r¥n9e depth olwportunitss to parbu￿10 in and tyenefii from ueatrve wibng, reading
and literary translatK)n.
m 3. To Imprm the cultural. $o¢wl and econcmi¢ ecL4cgy of NO￿th. UNESCO Cty of Literature and Ihe Now
Angli8 Local Enterprise Partnorship region helping create a MO￿ attracti¥* place 10 liv8, work 8nd ￿$lL
Aim 4" To improve Ihe ￿abilIty and bng-tern) $u$tainability of Ihe organisatson.
Alm 5.. To b8 an effe￿15•, indusNe. and accountab￿ <yYan15at￿n.
These aims a￿ deiailed in our business plsn and ￿port against h￿line ￿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
In￿aSing the amount Ofw0￿ we CA)mm$5ion.
EnsuriTrJ the qualty ol wrrk we delNer is consislenity high.
Increasing and diversityng our aLQienc£lsl and partI￿pants In our programmes.
Rellectsng Ihe dNersity of our country in ouiworkforce. govemarKe. programffles and athvil￿.
Inffta5ing the wsibilrty of NOrw￿h as a ￿￿tre Olexc8n8n￿ and a UNESCO Crty of Literature.
Ensunng our fu￿1ng b358 Is cliverse and resilrdnt
Reducing as far as possib￿ thjrenwironmenlal impacL
In light of the ChaI￿ngeS 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 a￿lenCes. st8wTu conneded and stsying
creatsve became our pnorty. and the guiding pnnuple of our and &4t dÈliver8d It W? succe55fully
rescoped m05t of our e￿sting prograrnrnes lo go online and inueased opporiunilie5 for providing awss to new
acbvity such as wrrters r850urces. pod¢a$ts. etc. W8 ddwed workslw and ¢onversatsons and podcasts.
produc8d and sent ￿SourCeS Into the for eaty tare8r wTrters (wr free ￿soUrc￿ patks for emerging witer5
as part of Early Career Award5 ￿re acc4ssed 30.IXh) bmes in the ￿n0d March 202￿ApriL 20211 and
schoo15 and young peop￿, and much more know literature's power to con501e and comfort. chaI￿nge and
enliven, to briw hope, making our work more e5senbal in the last year than ever.
In May. Derek thwsu won tho 2020 D8srnoTrd Elliott Proe for his vivid and eklraordinary ￿rk That R8rninds Ma.
He received 8 cash prize 01 £10.(m and a ￿ar-round path8ge of support NCW administered the prize for Ihe
first time this year a$ part ofthe new Earfy Career Awards portfdio that induded Nvo new prLze$ for innovation in
fom and writers evercomirwj barr￿r$ 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 tsm8eN*s 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 diffi￿11 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
Part￿rShIp wth Bth$h Counrjl to promote h￿rterS tr￿7 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 In￿aSed appelrte for coursas In crime. nofvfithon and poety. Our In-person
wothsheps pivote# onlino and rnach ￿t"¢￿Pants 8c¥oss kn8 UK and t*yon#.
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￿-l￿1h imaginative re4n91r￿ry 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
Unde￿land 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$$ des￿nated 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 1rnwovem￿i Fund.
Golng COn￿M
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. e￿ended ¢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 r*f thro￿ah 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 pro￿8 of rewsing our plans 8nd medel$ for the (£rfnirvJ yearn and arn conf￿ent￿81 we
will be ab￿ to sumve and thrive into the nekt decade.
Prfnclpal lunding sourcwd
The principal funding Sources for the chanty are cUr￿nIty 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 {INCORPORA￿NG 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 c￿e 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 (j￿rtaI $par*s 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 cornmis*on 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 $81 out ¢)n pag& 1.
Structureb govorninc• and m•nag•m•nt
Gov8rnln9 do¢ument
Nabonal Centre for Writing Li 8 Charl￿￿￿ conpany Iirnited by guarantee. ints)rpor8ied on 27 September 2004 and
registered as o ¢h8nty on 4 A￿ust 2005. The cLThpany is 9overn8d by its Memorandum and Artides of
As$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 l￿de 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 pmwd*J *ith eop*s ot
. The Memorandum and ATtycles of As$oaalion
. The latest accounts ol Ihe chanty and are encour8ged to regd Ch8ntycc￿rnl8810n guwJanc8 netes CC3-'Th8
Essential Trustee. What you to kncw. what you n88d to do"
New trustses are In￿te(s trj wsit the offic85 01 the Nabon31 Centre for Wntng to meet all staff and project w0￿er$
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$. EnsuriNJ %** have th8 capacty and
5kilLs to prcsramme and deliver.
2. Learning Failure to develop a strow ￿tt￿1￿j and parntspats(￿ programm8 8nd ervJoge v•th th8 comrnunits"e$
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$$. Ensuring ￿ have
¢he ¢apa¢ty and skills to programm• and deli￿.
3. Place. Failur8 to embed wr aims. ac*wbes and patherships ￿1h1n key loc41, ragional and national strategies.
We wll mitigate Ihi5 workirvj wth key partners in our Cty. LEP Region. Arts Coun¢il and sector n&lionally antl
intemalionally to maintain the presence ol NCW ond Norvrth.
4. Suslainabilty and Viability Dependenty on key 5tskeholder income Loss ef or reduthon in key stakeholder
Income. Failure lo secure suificieni ¢ontnbJled prqea tynding due lo Increased ¢ompelition for iru$ts and
foundation ￿ndIng and the Unkno￿ nsks surri)undiry ELI fiJnds. Not $8¢unng umm8rc4al in¢ome due lo
1nSJffi¢￿nt Comrnercial hires. We %M* M￿gate Ihis ty maintsiniw dos8 links ¥Mlh $t8kehdders to ensure that
aciiv1ty Meets their agenda. Ensuw fundraisng plan l¢on¢nbuted aThJ eamedl 1$ up 10 dato and reviawed regularly.
Increasing generawon of unrestrictsd funding other sour
induding Increased knls of Income from
commercial actNfc'e3, revenue luTh1raisiryJ and the Crn8ts"￿ Writir#J onli￿ proqr8mmè and Writsrs Se￿¢￿$
rogramme.
S. Opewiion81. Inadequate operats"onal. managernen( govemancty and reporting mpxh8nisms. We wll mitr'g81e
this by regularty revwiing and inproviryJ our operabonal waaty using training, development. and Sound line
m8n8gemeni, le5b.ry our finance an(J 4￿rt Com￿￿8nce and he8l¢h by chaTrJing auditors. revising Board 8ubgroup
working". m8intainiry rewtirvJ mechanism5 for kay $tskehoh#ets as w811 as stslutory requirements.
The trustees confirm that the major nsks lo which the chanty L8 extx)sed h4v• ￿en h18nbfi￿. revi•wed 8nd
88se$$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 Direct￿s, who a￿ lh8 Ch8rtys Trustees atKS the senior management team C￿p￿Se the key
management p8rsonnel of the charity In charge ofdire(*ng. contrdling, njnning operalng the chanty on a d8y.
Icpday basis One director re￿iVed ￿muneratiOn In ￿ ￿ear as h￿ rts￿ as CEO. AJI other 11￿Clor3 give their time
fveely. Details of direcloffs expense$ and related party tyansactson5 are disdosed In nota 12 to the a￿￿unts. 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. Isc*d o￿On. Alan Waters. Chns Gr**$8
3. VL8Ion 22-26. Parn HeTrJerson (Chairl. He￿n 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 parti￿patorS 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 Fundraistr￿j Regulato￿8 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 a￿OrdanC* with 8ppli¢gbl8 Iw 8ncS United.￿nIs￿oM Acwunt'ng Stsnd8rds
Iunited ￿￿Jd¢M Generally A￿plad 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 eXpe￿￿Vra, ol Ihe ¢haritatAe crynpany for th81 pgdcxl. In preparing the89 financl81
statements. the TTu$I888 ar¢ requir&J to..
1. 5818Ct suitable accounting pofides and th8n apply thern con5KBtenty,
2. ob86Ne tha methods and principl85 In th• Chatitses SORP 2019 FRS 102;
3. make judgments and 8fxounbng 88Omate& that arè rnason8bk* And prudent
4. state whether ap￿icable UK A¢¢ounOkvJ Stsndards b88n f￿￿. 8ubjactto any rnatsAal depathres
disd05ed and explained in the finanaal ststwnents,"
5. PTep8re the finanoal statements on the gc4rvJ ba¥b ￿1¢88 it18 inapprcpriate to pr8sumo that th6
harrtabl8 company￿11 continu8 ￿ operation.
The Tru8t8es are responsib￿ lor keep'na ad￿u818 acuunting records that ara suffiaent to show and explain tho
charttable company's transacbwg and dssd05e with ￿0$Onab￿ accuraw at any tsme the finanaal posfoon ol th8
aritab18 company and enable them ID ensure that the finan￿81 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￿￿￿(an￿o8.
The Truste85￿ are r85pon5ib18 for th6 m8intenanc4 and irstegrtty af the corporate and financial infonnation
ncluded on the chadtsbb C￿MpanI3 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
Dona￿QN$ 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
I￿2.714)
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 ind￿S all gaSns and Iossas f•wil*l 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$tration number 052428761
BALANCE SHE
AT 31 AIARCH 2021
2021
2020
Notes
FIXED ASSETS
Intsngib18 assets
Tangible fNed assets
14
15
649
1,598.546
1.595.779
1.595.TT9
1,599,195
CURRENT ASSETS
Debtors
Cash at bank and in hand
18
36,881
961.378
114,205
917,826
99B259
1,032,031
Crsdltors.. Amounts falllro thJ8
within ono yaar
17
194,499
163,123
NET CURRENT ASSErs
803,760
868.908
NET ASSETS
2 399 539
2,468,103
FUND8 OF THE CHARITY
Roslricted lund8
Unr88trlcted ￿ndS
18
18
559.059
1,840.480
809,758
1.858,345
TOTAL CHARITY FUNDS
18
2 468.103
Thése fln8n¢lal statements havè b98n prepared In accord8nce ￿th the provlsbns applleable lo
compèn18S subject to th8 small comp8ni0g' regime vAthin PArt 15 of the Companios A¢t 2006.
The flnan&81 ststsments w8rn approvad by thvj Tnjstatrs on
behalf by.
J arg s￿ned on thalr
M8 P Htnderson
(Chalr of Trustees)
Trustee
Th8 not8s on pag9$ 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 acIMt￿5
92.062
CASH FLOWS FROM INVESnNG ACTIVITIES
Interest re￿Ived
Purchase of lang1￿& ass8t5
4,224
153.5341
e.971
175.7381
Net ¢osh Spent on invesb.ng ocbvit￿s
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
C￿panIeS AU 2006. It IS also a ￿lstered charty In EnglaThY and wa￿5. The reglstered office addr8S$15
Dr8gon Hall, 11&123 Street. N0￿meth, 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 th￿￿ld 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$ defi￿d 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 histori￿1 cost or trans8cts.on
value unless othe￿18e str￿1 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$8ation of eA)mmerual hires al Dragon Hall. Combined %4ilh a cha￿e lo working from home has had 8
major Impact On the erg8nisatyon. Nabonal Centre for Wftbng h8$ 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 sUff￿ent 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 ¢0￿M 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￿ fUr￿S 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 {con￿n￿ed)
In¢omè
Incorne is Tecounoed the charty has entity￿ent 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$. The follwrvJ 8P8afic polThs are applied io p8rbr)Jlar cat•Jones of Incorne..
Donations, grants ar¥J gilts are fer￿gnised then rectivabk. In ts event th8t a donation is subj'ect
to fumiiing perfomance Cond￿On5 befo￿ the chanty 1s entrtled to the fund5, the Income Is
deferred and not rÈtognised until rt is probable that those ¢onditsons ¥wll be ftJlfiI￿d In the repoTtino
period. Income from Gift tax ￿￿¥1m$ Is r8rAgni8ed for any donatsons wrth re￿Vant Gift Aid
certifical85 r8wni$8d In income fcffj the p8ric¢J. Any amounts of Gift Ak1 not received by the penod
end are awuntad for in in¢L*me and acuyed iT￿C￿e in debtors.
Don?￿ seNces and fgolrt*$ 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
t*nefil on the open market.
Where lega¢w h8V8 been nobfied to the chanty bLrt the crit8ri8 for InrLffia r8Cffjn￿0n havo not
been met, the l•g8try 1$ Iroated 0$ a con*'rMJent as￿ and disdosed If motsnal.
Interest on deposrt lund$ h8kl B ind￿ded 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.
InC￿e fw governmant and Olher gr8nts arg recoanisad at fair value when the charty has
8ntthrntsnt after any perf*￿anC￿ COnd￿.0￿S have been met, rt is proba￿8 that the income wll be
re¢ew8d th8 amount can i* mea$ured reliatty. If entilJ¢ment Is not mel then these amounts
are deferred.
In
Judgem•nt6 and key •our¢M of •&tlmatlon uncertalnty
Th8 preparatKJn of Ihe finana81 statements managernent to make I￿]9￿Ments. esbm8tss a
8ssumptiens that affect the amounts ¥epcrfted. Those e$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 Mast￿8b￿ under the cwoJm5tanc
No judg8ments (apart from thtse invO￿￿j 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 liabil￿e5 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 ctly8*on to make a P8yTnent to a third
paty. It L5 probable that setdemenl wll be requir*J 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 e￿ndrtu￿ lo vthic* rt relates. All exp8ndilure is a¢￿V￿ted 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 n8￿sary 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.
Irn*eoverab￿ 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 c￿t of an assrt k8ss its esb"m8ted r•S￿ual 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 I￿tsky inve5trnents wtt) a short
rngturity ofthree monlhs or kss from Ihe date of aCquiS￿On 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 re￿nIsed 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$8 the tesis set in P8r8gr8ph 1 Schedule 6 ofthe Finance Act 2010
and Iherelore ff meets the definth'on of a Chantab￿ company for UK cnrporalion tsx purposes.
Accordingly, the company is potentsally exempt from wxatson In rasp8Ct of incorna or capitsl gain5
rocoived ynthin categories cove￿￿ by Chapter 3 Part 11 cf Ihe Co￿ra￿On Tax Ad 2010 or Section 258
ef the Taxation of Charg&abk Gain$ Act 1992. to the extant that 5Lth intaJn• or gAins are appli&J
exdusively lo Charitab￿ purposes.
Flnanctal I￿trUMents
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 reC￿n￿d 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 ￿p￿￿nent of an emplo￿8 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 deMonstra￿Y 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
Donat￿8 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
Praduc*r 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
OIF*r 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
C￿aliVe 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 C￿di￿.0￿5 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 Sa￿5
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 Inc￿8
1,656
1,656
1,616
$4,698
54,698
Totsl tr8dirrfJ incc¥ne
57 440
530
INVESTPIENT INCOME
unrn&t￿Cted
Funds
Total
Funds
2021
2021
BBnk irfe￿l recei¥ed
4.224
4,224
2020
2020
8ank Inte￿$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 eX￿nd1¢￿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
AL￿IlorS 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 c￿tr￿￿On 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 a￿￿0Yea benÈfrts lorthe reporbT%J peric•J are anatysed a5 fc41ow5'.
2021
2020
Wages and ￿arleS
Social Security costs
Ernployer contributions lo pe￿￿n 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 contr￿ling 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 orthn￿0Yoe5 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
SO￿are
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
CRED￿oRs.. 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
Defe￿ed 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$hl
NCW Awgrds (Eaty Camtsl
No1￿1Ch
Nethertands Re$Klen¢y
Re¢kitl Arts Tru$t Re$itlency
Saturday Writing Club
The Inn Crowd 2
Time to Wrile
Tronsfomiw Leadership
TP Mentoriro 2￿3
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 IcontOnu*dl
Y*ar Ended 31 March 2020
unTr8t￿¢t￿d 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¢$irf¢tsd
A4E
Art. Learning. Haces Funds
Words and Ways
Catalyst
City of Lrtera￿￿ for Young
Common People
Community DeveloFffjent
Cultural Education Partnersh
Cultural Places 2
Dragon Hall Caprtal Prqect
Iinduding WREN)
East Awlian Book Aw8rd5
Engagel
Escalator
Henlap Bui￿rng Fund
Herilaog Volun*er Fund
UEAAES
Intemaiional Lrterature
Showcase
Intemalional Proje¢ts-
Lrteraiure Museurns
VIS￿￿￿ Communthss
Japan Now Ea$t
Lrt from thè Inyth
matth￿ Project
Never Ending S¢or
NCW Award8
Nowch
Norfolk w1￿1rfe TN8t
Estonian Residency
l¢*landi¢ Re$idenGry
Bulga￿an Re$identy
Reckfft Arts Trust Residency
General Residency
Salurdaywriting Club
Indonesian Residenty
Nelherfands R8sidency
Passports Residency
LIT KO￿an 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 eXcel￿nCe In wort, export
and place making. Our programme of new w￿rk. p8rMerships and pr(motyon of NO￿th as a ontre of
excel￿nCe 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 traVel￿r5. In Ihe first ￿y)rkShOp, Students got Chafi￿ to their Imaginative
rnusdes and to rec*i¥* 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 E￿land fuThYed project lo enab￿ arts organi58tions to grow their cApa￿ty 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 4*11 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 ￿torat￿l.
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 i￿k 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&S￿￿ned 10 produo a manual of best practise for engaging
young peop￿ in literature and the 3rt5. The Nat￿nal Centre for Wr￿￿.5 actimty was recruiting a group of
Jung peO￿e 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 201￿20. 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 No￿lCh 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 V￿un￿erS now mana9ed by WCN.
UEAJIES
Collaborating UEA and tha Inst'lute for English S¢LKlw to suwrt a Nomch (l￿ferenC￿l981￿erin9.
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 bu1￿1n9 a physi￿1 oaihenng over a w8&k in NoMi¢h UNESCO
Cty of LItera￿re. 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 bets￿n the Natson81 Centre ferwnbng and the Kinosaki Literature Musaurn. explonng use
of literary henlage In our programmes. %Mth Su￿rt 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 cOnfe￿nCe 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 co￿rfUl storyteUir¥J padt whith all pa￿￿pants 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 deSIg￿d a cok)Tful storytelling pack which 311 partiaP8nls wll receive, and
will be ava118￿8 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$b"val partrershp UEA atraLts a rdrye of resthcted funds that are disbursed only lo
advance the lestwal 8irns prcgramrn88.
Norfolk Wildlife Trust
In partnership wth Ihtr Norfolk Wrfdlfe trJst, the Common Ground prciect aims to stimutate thi￿ran,$
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 res￿enCY 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•.
Indon￿18￿ 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 Coun￿1 of Kore8,
Th• Inn Crowd
Supports rural pubs throuohtyJl Scth East aTh* East of Eryland lo h05t 8poken word inspired events 8y
prov￿Ing high quality. professional entertainment lo rural areas we support pub landlords to attract
¢v$lomets, develop spoken word audiences and reinforce the pub as c*ntr811o community life. Inn Crowd is
an Arts Counryl funded partnership bemeen Wlause and Creative Arts E8SI wth 8rti$t¢ potyers National
Centre for Wriliry. New Wnbr*J South and Pub ￿ the Hub.
Thé Inn Crowd 2
An extsnsion ol the INe liler8lurelrw81 touring PTogramm¢. Tho Inn Cro*1. iaking ntr*Ay Ctsnmissi￿od 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 WOgr￿rnes 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 Sm￿1 donations towards our
core aim5.
NCW Awards l Eady Career Awards
new forrn of literary pnze, combining the pw of award$ Un￿Ue. >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 d￿lts1 programme, pro￿lding free
resources, professonal deVel￿ent and industy ao*ir* for n8w ¥witers. Tailored earfy career support for
the award wnning ¥¥nter8 Ind￿Je 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$hy and events focu*r#J on Japane58 litsrature and Iransl8bon a$
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 t￿paign, 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$latots Iposwjnéd to 2020-211.
S•turd•y Wriiini Club
A serias of out of school cre8tive I￿7br￿j and perfomiance wkshcos for yourrtJ peop￿ in Norwich and
Norfolk from aw$ of hwJh deprwabon and low artslcunure prowsion.
Transfornlng Leader8hlp
A 30 tnonih leadership devel¢K¥nent progr8mme. It is ￿e5￿jr￿d 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 uThJe￿epresent￿l batJ¢gr￿nd$.
G8offr8y Watllny Tru81
The trusi grant funds a pr(p3ramme of creatNe wnbryj aclwty for parents. chik1r8n 8nd young p80ple
gÉd 2_ 18 Neverending Stones 5torytetling resourees and ￿th$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 0￿1$.
Escalator 21
Escalator Is our annual I8￿nI develwmert sth•me cyen to unpublished e8ty career fithon vrriters
(novel or Short 510ryl Iiwng In the Eastem Region. Th8 region 1$ 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 $howcase event al whKti mentees have an cpportunity lo preseni their worf¢ and network wlth
agents, 8dilors and other pU￿1$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 mCKJnla￿Kholinran 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 St￿1 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 In￿01￿ 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 Gr*nt
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
C￿alIve wnbThJ and woKk5h¢Jp 5essior￿ foTyoung people frryn 11-17 years eld during the xhool
holidays. These tske place ITh Person at Dragon H￿1.
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
DeS￿nated furvjs are for invesbnent in innovatsve or excepljonal artfomi prqe¢ts. or for investment in
projects that generate mediutn to loryJ term income or ￿th￿ve operalirfj sawros.
cap￿al 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 Nor*ith 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 restrpL*cns ￿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 Co￿d.
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 prowd*Y by Arts Counal
England IACEI trj carry oth a capital bully prqect and re￿￿iShment woths at Dragon Hall. The total
r￿1Ve￿ 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, purchas*J 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 be￿een 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
COnt￿bUtK1D. £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 sett￿Ment 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$Jval.
£nil12020' £3.8771 was arM￿d for Ihe 2020 Festival.
or the £36,OCQ due to UEA12020" £36.(ml rdabn9 to the Bntish Centre for Lrter8ry Tr8n&l3tion IBCLn
funding agreement. £27.000 12020 £27,C4J)I has been pahl ¥*ith £9.¢￿0 outstandiro at the yoar 6nd
12020." £9.0001.
The TNsle8. Mr A Walera. is Council L•ad•r for Nryw4th City CtyJntil Annual fundlng of £62.8￿71202O'
£37,8WII was recewed dunrvJ the year tr￿n the NCC. of which £nil was outstsndiry al year end12020"
£37,8CQI. Mr Water 15 also a Regional Board Member IS¢uth East) for Arts Counal England. Income of
£635,95212020 t￿2,021) was received ACE dunry Ihe year wth £nil12020 £nill outsignding at
the year end. £475,57612020 £466.4051 ol this InC￿e was for annual fvnding, £nil12020.. £39,470) lor
the Oragon Hall capital prqect and Ihe remairKJertowaTd$ 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$
arner￿e￿ by Speci81 Resoluuon In 2011.
Donation5 tolallirvj £189 12020". £nill ￿re recefftd frrffi Tafvr lfinters LLP. an LLP In which Jarnes
Slinger {TrL￿tee] is a part￿r. £nil was outstsnding atthe year*nd12020 £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 cornp￿te 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