THE LIVERPOOL INSTITUTE FOR PERFORMING ARTS

Charity Number: 1001565
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

Education and Training

Income and expenditure

Data for financial year ending 31 July 2024

Total income:
£14,266,069

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Donations and legacies £18.89k
Charitable activities £13.86m
Other trading activities £313.84k
Investments £76.23k
Other £0

Total expenditure:
£13,738,686

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Raising funds £341.97k
Charitable activities £13.40m
Other £0

£0 investments gains (losses)

Total income includes £1,401,141 from 5 government grant(s)

Charitable expenditure

Charitable expenditure

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

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

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

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

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Raising funds and other expenditure £341.97k
Charitable expenditure £13.40m
Retained for future use £527.38k

People

155 Employee(s)

19 Trustee(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 3
£70k to £80k 6
£80k to £90k 1
£150k to £200k 1

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

One or more trustees receive payments or benefits from the charity for providing services to the charity.

What, who, how, where

What the charity does:
  • Education/training
  • Other Charitable Purposes
Who the charity helps:
  • Children/young People
  • People With Disabilities
  • Other Defined Groups
How the charity helps:
  • Provides Services
Where the charity operates:
  • Liverpool City

Governance

Registration history:
  • 18 January 1991: Standard registration
Organisation type:
Charitable company
Other names:
  • LIPA (Working name)
  • THE LIVERPOOL SCHOOL FOR PERFORMING ARTS (Previous name)
Company number:
02511501 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Campaigns and political activity policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Engaging external speakers at charity events policy and procedures
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
Land and property:
This charity owns and/or leases land or property

Trustees

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

19 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Sean Christopher SWEENEY Trustee 01 April 2025
None on record
Jad ZOUEIN Trustee 24 March 2025
None on record
Maria Pia WALKER Trustee 24 March 2025
None on record
Peter James FENDALL AMARO Trustee 24 March 2025
None on record
Juliet Priscilla Johnson Trustee 20 September 2024
None on record
Professor Zoe Jane RADNOR Trustee 20 September 2024
None on record
Michelle Elaine Emmerson Trustee 20 September 2024
None on record
Stella OKAFOR- ROSS Trustee 05 December 2023
None on record
Ashley John HERMAN Trustee 04 December 2023
None on record
David John Fletcher Trustee 23 June 2023
None on record
PROFESSOR SEAN McNAMARA Trustee 03 September 2021
None on record
Joe Johnson Trustee 04 August 2021
None on record
DAVID AARON RHYS OWEN Trustee 19 March 2020
None on record
VICTORIA LUCY FEA Trustee 31 October 2017
None on record
CLAIRE ROSEMARY WORKMAN Trustee 11 December 2013
None on record
ISABEL BEGG Trustee 11 December 2012
None on record
SIMON JEFFREY FOWLER Trustee 18 April 2012
None on record
LOUISE JOYCE ELLMAN Trustee
None on record
GEOFFREY MICHAEL GOODWIN Trustee
None on record

Financial history

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Financial period end date

Income / Expenditure 31/07/2020 31/07/2021 31/07/2022 31/07/2023 31/07/2024
Total gross income £13.13m £11.50m £12.86m £13.12m £14.26m
Total expenditure £11.15m £11.70m £12.13m £12.82m £13.74m
Income from government contracts £2.54m N/A N/A N/A N/A
Income from government grants N/A £590.66k £908.58k £1.65m £1.40m
Income - Donations and legacies £41.26k £50.62k £25.88k £27.14k £18.89k
Income - Other trading activities £250.91k £74.54k £246.61k £300.50k £313.84k
Income - Charitable activities £12.40m £10.94m £11.92m £12.76m £13.86m
Income - Endowments £41.26k £0 £2.00k £16.00k £2.50k
Income - Investment £7.18k £5.73k £7.00k £42.40k £76.23k
Income - Other £478.90k £428.29k £664.20k £0 £0
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £10.89m £11.55m £11.86m £12.52m £13.40m
Expenditure - Raising funds £263.22k £143.66k £276.49k £304.30k £341.97k
Expenditure - Governance £491.68k £49.94k £46.85k £60.87k £75.06k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

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

Long term Investments

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

Other assets

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

Defined benefit pension scheme asset or liability

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

Total liabilities

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

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Asset / Liability 31/07/2020 31/07/2021 31/07/2022 31/07/2023 31/07/2024
Own use assets £18.85m £18.24m £17.51m £17.42m £17.86m
Long-term investments £2.38k £2.38k £2.38k £2.38k £2.38k
Other assets £3.78m £3.96m £4.64m £4.59m £4.64m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £3.36m £3.13m £2.36m £1.90m £1.87m

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 July 2024 06 December 2024 On Time
Accounts and TAR 31 July 2024 06 December 2024 On Time Download Open in new window
Annual return 31 July 2023 08 December 2023 On Time
Accounts and TAR 31 July 2023 08 December 2023 On Time Download Open in new window
Annual return 31 July 2022 15 December 2022 On Time
Accounts and TAR 31 July 2022 15 December 2022 On Time Download Open in new window
Annual return 31 July 2021 22 May 2022 On Time
Accounts and TAR 31 July 2021 22 May 2022 On Time Download Open in new window
Annual return 31 July 2020 11 May 2021 On Time
Accounts and TAR 31 July 2020 11 May 2021 On Time Download Open in new window
Submit annual return Open in new window

Governing document

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

MEMORANDUM AND ARTICLES OF ASSOCIATION INCORPORATED 13 JUNE 1990 NOW ARTICLES ADOPTED BY SPECIAL RESOLUTION DATED 25 MARCH 2011 AND APPROVED BY PRIVY COUNCIL OFFICE (UNDER THE EDUCATION REFORM ACT 1988 (AS AMENDED)) ON 20 APRIL 2011

Charitable objects

TO PROMOTE, MAINTAIN, IMPROVE, ENABLE AND ADVANCE EDUCATION AND PROVIDE FOR AND ASSIST IN THE PROMOTION, MAINTENANCE, IMPROVEMENT AND ADVANCEMENT OF EDUCATION AND IN PARTICULAR TO GENERATE INTEREST IN, PROMOTE, ENCOURAGE AND INCREASE THE APPRECIATION AND UNDERSTANDING OF THE PUBLIC IN THE PERFORMING ARTS AND TO CONDUCT, CARRY ON, ACQUIRE AND DEVELOP IN THE UNITED KINGDOM INSTITUTIONS FOR THE EDUCATION OF ADULTS OR CHILDREN, PARTICULARLY POOR CHILDREN, IN THE PERFORMING ARTS AND ANCILLARY SKILLS.

Area of benefit

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

UNITED KINGDOM

Contact information

Address:
Liverpool Institute for Performing
Mount Street
LIVERPOOL
L1 9HF
Phone:
01513303000
Email:
reception@lipa.ac.uk
Website:

www.lipa.ac.uk Open in new window