LHASA LIMITED

Charity number: 290866
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The charity promotes public education through the development and use of computer-aided reasoning and information systems in chemistry and the chemistry-related sciences.

Income and expenditure

Data for financial year ending 31 December 2023

Total income:
£18,704,076

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Donations and legacies £0
Charitable activities £18.14m
Other trading activities £94.27k
Investments £468.45k
Other £3.15k

Total expenditure:
£16,247,432

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Raising funds £81.48k
Charitable activities £16.17m
Other £0

£612,581 investments gains (losses)

Charitable expenditure

Charitable expenditure

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

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

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

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

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £81.48k
Charitable expenditure £16.17m
Retained for future use £2.46m

People

168 Employee(s)

10 Trustee(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 27
£70k to £80k 21
£80k to £90k 12
£90k to £100k 6
£100k to £110k 1
£110k to £120k 1
£200k to £250k 1

Fundraising

No information available

Trading

One or more trustees are also directors of the subsidiaries

Trustee payments

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

What, who, how, where

What the charity does:
  • Education/training
  • The Advancement Of Health Or Saving Of Lives
  • Economic/community Development/employment
Who the charity helps:
  • Other Charities Or Voluntary Bodies
  • Other Defined Groups
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Organisations
  • Provides Services
  • Sponsors Or Undertakes Research
Where the charity operates:
  • Leeds City
  • Newcastle Upon Tyne City
  • Poland
  • United States

Governance

Registration history:
  • 18 January 1985: Standard registration
Organisation type:
Charitable company
Other names:

No other names

Company number:
01765239 Open in new window
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Complaints policy and procedures
  • Conflicting interests
  • 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
  • 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

10 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Stephen Marsland Chair 11 December 2019
None on record
Stuart James Clarke Trustee 13 December 2023
None on record
Tanja Carol Lichtensteiger Trustee 13 December 2023
None on record
David John Rawson Trustee 14 December 2022
None on record
Marcus Lee Mills Trustee 22 June 2022
None on record
Dr Steve Gutsell Trustee 16 June 2021
None on record
Duncan Craig Ratcliffe Trustee 10 June 2020
None on record
Dr Richard John Brennan Trustee 13 December 2017
None on record
DR James Harvey Trustee 14 June 2017
None on record
Dr Krista Dobo Trustee 14 June 2017
None on record

Financial history

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Financial period end date

Income / Expenditure 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Total gross income £13.09m £14.04m £15.69m £16.98m £18.70m
Total expenditure £10.32m £10.41m £13.85m £14.26m £16.25m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A N/A
Income - Donations and legacies £0 £0 £0 £0 £0
Income - Other trading activities £0 £0 £0 £0 £94.27k
Income - Charitable activities £12.94m £13.92m £15.53m £16.72m £18.14m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £145.00k £109.58k £152.56k £267.18k £468.45k
Income - Other £0 £10.45k £10.57k £834 £3.15k
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £10.30m £10.38m £13.76m £14.19m £16.17m
Expenditure - Raising funds £22.00k £29.32k £89.55k £71.36k £81.48k
Expenditure - Governance £45.00k £48.02k £45.97k £61.75k £79.68k
Expenditure - Grants institution £31.00k £86.60k £95 £0 £0
Expenditure - Investment management £22.00k £29.32k £89.55k £71.36k £81.48k
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 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Own use assets £5.46m £6.38m £6.62m £7.16m £7.77m
Long-term investments £3.99m £7.62m £9.92m £9.34m £10.30m
Other assets £11.93m £11.76m £13.78m £16.11m £15.75m
Defined benefit pension scheme asset or liability -£1.29m -£1.15m -£2.31m -£2.14m £0
Total liabilities £7.48m £7.93m £8.67m £9.84m £10.12m

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 December 2023 28 October 2024 On Time
Accounts and TAR 31 December 2023 28 October 2024 On Time Download Open in new window
Annual return 31 December 2022 12 October 2023 On Time
Accounts and TAR 31 December 2022 12 October 2023 On Time Download Open in new window
Annual return 31 December 2021 13 September 2022 On Time
Accounts and TAR 31 December 2021 13 September 2022 On Time Download Open in new window
Annual return 31 December 2020 22 September 2021 On Time
Accounts and TAR 31 December 2020 22 September 2021 On Time Download Open in new window
Annual return 31 December 2019 02 October 2020 On Time
Accounts and TAR 31 December 2019 02 October 2020 On Time Download Open in new window
Submit annual return Open in new window

Governing document

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

MEMORANDUM AND ARTICLES INCORPORATED 27/10/1983 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 14/08/1998 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 05/09/2001 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 01/06/2005 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 14/06/2006 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 09/06/2010 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 12/06/2013

Charitable objects

(A) TO PROMOTE PUBLIC EDUCATION THROUGH THE DEVELOPMENT AND USE OF COMPUTER AIDED REASONING AND INFORMATION SYSTEMS IN CHEMISTRY AND THE CHEMISTRY RELATED SCIENCES. (B) TO PROVIDE TO ITS MEMBERS AND OTHER PERSONS A SERVICE FOR COMPUTER AIDED REASONING AND INFORMATION SYSTEMS IN CHEMISTRY AND THE CHEMISTRY RELATED SCIENCES, THROUGH THE INSTALLATION AND OPERATION OF COMPUTER FACILITIES. (C) TO PROMOTE AND PROVIDE SERVICES IN THE GENERAL FIELD OF COMPUTER UTILISATION IN CONNECTION WITH CHEMISTRY AND THE CHEMISTRY RELATED SCIENCES. (D) TO ORGANISE CONFERENCES AND OTHER MEETINGS RELATING TO CHEMISTRY AND THE CHEMISTRY RELATED SCIENCES AND TO PUBLISH AND SELL OR OTHERWISE DISTRIBUTE THE REPORTS OF THE PROCEEDINGS OF SUCH CONFERENCES OR MEETINGS. (E) TO PROMOTE AND CARRY OUT RESEARCH AND OTHER WORK IN CONNECTION WITH THE DEVELOPMENT AND USE OF REASONING AND INFORMATION SYSTEMS IN CHEMISTRY AND THE CHEMISTRY RELATED SCIENCES AND FOR THAT PURPOSE TO ESTABLISH, AND EQUIP, MAINTAIN AND SUPPORT SUITABLE LABORATORIES AND PLANT FOR THE CARRYING OUT OF EXPERIMENTS, TESTS AND OTHER ACTIVITIES AS MAY BE DEEMED ADVISABLE, AND TO PROVIDE FUNDS FOR PAYMENT OF ANY PERSON OR PERSONS ENGAGED ON THAT WORK IN LABORATORIES OR ELSEWHERE, AND OF PROFESSIONAL AND TECHNICAL ADVISERS AND TO PUBLISH THE RESULTS OF SUCH RESEARCH AND WORK.

Area of benefit

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

NOT DEFINED

Contact information

Address:
2 Canal Wharf
Holbeck
LEEDS
LS11 5PS
Phone:
01133946069
Email:
michelle.gosling@lhasalimited.org
Website:

www.lhasalimited.org Open in new window