The 8th INK Festival will be on April 11th – 14th 2024

Reserves Policy

INK‘s Reserves Policy is to target a minimum freely available cash balance of £1,000.

The Trustees consider £1,000 to be an adequate reserve to cover unforeseen contingencies after careful consideration of the following factors:

  1. The risk of an unforeseen emergency or unexpected need for funds. INK does not enter into any commitments without knowing that it already has the means to fund them.
  2. Covering unforeseen day-­­to-­­day operational costs. INK runs a small office at a negligible cost. It only employs temporary staff on an hourly basis and does not enter into any employment arrangements without knowing that it already has the means to pay for the hours contracted.
  3. An anticipated source of income such as a grant, sponsorship or donation not being received. INK is constantly in fund-­­raising mode and has no long term funding arrangements.

To the extent that anticipated or hoped for funds are not forthcoming, INK curtails its activities to keep its expenditure within its available funding. d) The need to fund short-­­term cash flow issues such as the need to spend money before the cash for a promised grant is received. INK does not incur liabilities without knowing that it has the cash resources to meet them. Cash is monitored extremely carefully and, if necessary, accounts payable are managed to smooth any cash flow timing issues. INK reviews this Reserves Policy at least annually and otherwise from time to time, as need arises. The policy has been reviewed by the Management Committee on:

Date: 01 March 2021
Signature: Chair: Anthony Mackintosh

Latest INK News

The Gaffer goes to Edinburgh

The Gaffer, by acclaimed journalist Rob Crossan, will be performed at this year’s  Edinburgh Festival starring fringe first award winner, Chris Larner. Selected from hundreds of short play submissions, The Gaffer was premiered  in April at the 2023 INK …

First Light Festival

INK marks its First Light debut on Sunday 18th June with a performance of 3 of the best short comic radio plays from the  INK Festival in Halesworth. The Flying Eye by the award-winning playwright Jan Etherington, Lost Dogs and Wheelie Bins by …

INK Festival 2023

Thank you to all who came and made INK Festival 2023 such a wonderful event. It’s been the biggest and best so far, with a record breaking number of amazing short plays and brilliant performances. …

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