LLOYD'S REGISTER INTERNATIONAL
Charity overview
Activities - how the charity spends its money
LR International has been set up to provide services in Australia and New Zealand which protect life, property and the environment, promote public education, and promote industry and commerce. We employ engineers and other professional staff who assess whether ships and other high value assets have been constructed, maintained and operated in accordance with proper standards of safety.
Income and expenditure
Data for financial year ending 30 June 2025
Total income:
£12,535,000
| Donations and legacies | £0 | |
| Charitable activities | £12.27m | |
| Other trading activities | £0 | |
| Investments | £265.00k | |
| Other | £0 |
Total expenditure:
£10,773,000
| Raising funds | £0 | |
| Charitable activities | £10.77m | |
| Other | £0 |
£0 investments gains (losses)
Charitable expenditure
Charitable expenditure with investment gains
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.
| Raising funds and other expenditure | £0 | |
| Charitable expenditure | £10.77m | |
| Retained for future use | £1.76m |
People
53 Employee(s)
3 Trustee(s)
Employees with total benefits over £60,000
| Number of employees | |
|---|---|
| £60k to £70k | 2 |
| £70k to £80k | 1 |
| £80k to £90k | 4 |
| £90k to £100k | 8 |
| £100k to £110k | 9 |
| £110k to £120k | 11 |
| £120k to £130k | 5 |
| £130k to £140k | 4 |
| £140k to £150k | 2 |
Fundraising
Trading
Trustee payments
What, who, how, where
- Education/training
- The Advancement Of Health Or Saving Of Lives
- Arts/culture/heritage/science
- Other Charities Or Voluntary Bodies
- The General Public/mankind
- Makes Grants To Organisations
- Provides Other Finance
- Provides Services
- Provides Advocacy/advice/information
- Sponsors Or Undertakes Research
- Australia
- New Zealand
Governance
- 10 May 2013: Standard registration
No other names
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- 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
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
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
3 Trustee(s)
| Name | Role | Date of appointment | Other trusteeships | Reporting status of other trusteeships | ||||
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| Douglas David Wagstaff | Trustee | 15 December 2021 |
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| Frans Ricolt Erwig | Trustee | 14 April 2020 |
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| Keith Proffitt | Trustee | 14 April 2020 |
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Financial history
Financial period end date
| Income / Expenditure | 30/06/2021 | 30/06/2022 | 30/06/2023 | 30/06/2024 | 30/06/2025 | ||
|---|---|---|---|---|---|---|---|
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Total gross income | £6.42m | £11.40m | £13.01m | £12.38m | £12.54m | |
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Total expenditure | £5.86m | £10.79m | £11.50m | £11.42m | £10.77m | |
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Income from government contracts | N/A | N/A | N/A | N/A | N/A | |
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Income from government grants | N/A | N/A | N/A | N/A | N/A | |
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Income - Donations and legacies | £0 | £0 | £0 | £0 | £0 | |
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Income - Other trading activities | £0 | £0 | £0 | £0 | £0 | |
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Income - Charitable activities | £6.40m | £11.36m | £12.90m | £12.08m | £12.27m | |
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Income - Endowments | £0 | £0 | £0 | £0 | £0 | |
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Income - Investment | £23.00k | £34.00k | £102.00k | £300.00k | £265.00k | |
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Income - Other | £0 | £0 | £0 | £0 | £0 | |
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Income - Legacies | £0 | £0 | £0 | £0 | £0 | |
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Expenditure - Charitable activities | £5.86m | £10.79m | £11.50m | £11.42m | £10.77m | |
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Expenditure - Raising funds | £0 | £0 | £0 | £0 | £0 | |
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Expenditure - Governance | £45.00k | £47.00k | £49.00k | £52.00k | £53.00k | |
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Expenditure - Grants institution | £0 | £0 | £0 | £0 | £0 | |
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Expenditure - Investment management | £0 | £0 | £0 | £0 | £0 | |
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Expenditure - Other | £0 | £0 | £0 | £0 | £0 |
Assets and liabilities
Definitions for assets and liabilities
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 InvestmentsInvestments 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.
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 liabilityThis is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.
Total liabilitiesThese 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.
| Asset / Liability | 30/06/2021 | 30/06/2022 | 30/06/2023 | 30/06/2024 | 30/06/2025 | ||
|---|---|---|---|---|---|---|---|
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Own use assets | £56.00k | £38.00k | £68.00k | £54.00k | £35.00k | |
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Long-term investments | £0 | £0 | £0 | £0 | £0 | |
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Other assets | £17.67m | £19.48m | £21.57m | £16.39m | £17.77m | |
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Defined benefit pension scheme asset or liability | £0 | £0 | £0 | £0 | £0 | |
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Total liabilities | £9.14m | £10.34m | £11.27m | £5.13m | £5.31m |
Accounts and annual returns
| Title | Reporting year | Date received | Received | Download |
|---|---|---|---|---|
| Annual return | 30 June 2025 | 23 March 2026 | On time | |
| Accounts and TAR | 30 June 2025 | 23 March 2026 | On time | Download Open in new window |
| Annual return | 30 June 2024 | 08 April 2025 | On time | |
| Accounts and TAR | 30 June 2024 | 08 April 2025 | On time | Download Open in new window |
| Annual return | 30 June 2023 | 21 March 2024 | On time | |
| Accounts and TAR | 30 June 2023 | 21 March 2024 | On time | Download Open in new window |
| Annual return | 30 June 2022 | 21 December 2022 | On time | |
| Accounts and TAR | 30 June 2022 | 21 December 2022 | On time | Download Open in new window |
| Annual return | 30 June 2021 | 21 April 2022 | On time | |
| Accounts and TAR | 30 June 2021 | 21 April 2022 | On time | Download Open in new window |
Governing document
It is not the full text of the charity's governing document.
MEMORANDUM AND ARTICLES INCORPORATED 19/08/2008 NOW ARTICLES ADOPTED BY SPECIAL RESOLUTION DATED 12/04/2013 AS REGISTERED AT COMPANIES HOUSE ON 29/04/2013
Charitable objects
THE OBJECTS OF THE CHARITY, WHICH MAY BE PURSUED IN AUSTRALASIA OR SUCH OTHER PARTS OF THE WORLD AS THE TRUSTEES DECIDE, ARE: 1. TO SECURE FOR THE BENEFIT OF THE PUBLIC, THE PROTECTION OF LIFE, PROPERTY AND THE ENVIRONMENT BY: I. PROMOTING HIGH STANDARDS OF DESIGN, MANUFACTURING AND OPERATING PRACTICES IN THE MARINE, ENERGY, TRANSPORTATION AND MANUFACTURING INDUSTRIES; II. PROMOTING HIGH STANDARDS OF REGULATION AND COMPLIANCE IN THE MARINE, ENERGY, TRANSPORTATION AND MANUFACTURING INDUSTRIES; III. OBTAINING OR MAINTAINING AN ACCURATE CLASSIFICATION OF SHIPPING AND VEHICLES OR STRUCTURES USED IN THE MARINE, ENERGY, TRANSPORTATION AND MANUFACTURING INDUSTRIES; IV. SURVEYING AND REPORTING ON THE DESIGN, TECHNICAL SPECIFICATIONS, OPERATING PRACTICES AND SAFETY OF SHIPPING AND VEHICLES OR STRUCTURES USED IN THE MARINE, ENERGY, TRANSPORTATION AND MANUFACTURING INDUSTRIES; 2. TO ADVANCE EDUCATION BY PROMOTING THE STUDY OF AND RESEARCH RELATING TO: I. HIGH STANDARDS AND QUALITY IN DESIGN, MANUFACTURING AND IN THE PROVISION OF SERVICES; II. THE SAFE OPERATION, RELIABILITY AND DESIGN LIFE OF PLANT, SYSTEMS AND EQUIPMENT; III. THE PREVENTION OF ACCIDENTS, INJURY AND ENVIRONMENTAL POLLUTION ARISING FROM FAULTY, UNSAFE OR DEFECTIVE PLANT, SYSTEMS OR EQUIPMENT; 3. TO PROMOTE INDUSTRY AND COMMERCE BY PROMOTING BEST PRACTICE AND HIGH STANDARDS IN MANAGEMENT SYSTEMS AND PRACTICES FOR THE PURPOSES OF PURSUING THE FOREGOING; 4. TO PURSUE SUCH OTHER CHARITABLE PURPOSES AS THE TRUSTEES SHALL FROM TIME TO TIME DECIDE.
Contact information
- Address:
-
71 FENCHURCH STREET
LONDON
EC3M 4BS
- Phone:
- 07980 950591
- Email:
- cosec@lr.org
- Website:
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