Finance Score: -1

Governance Score: 9

Support Score: 7

Liabilities <10%: +3
Excess reserves: -5
Multiple Deficits: -2
Fundraising costs low: +3

Good trustee age range: +3
Dynamic board: +3
Gender balanced board: +3

Grant maker support: +7

Overall GiG Score: 15

LEEDS INTERNATIONAL PIANOFORTE COMPETITION

The charity runs an international pianoforte competition every three years.

Analysis by Giving is Great

Positives:

The charity has received backing from several prominent grant makers recently
This charity has a robust balance sheet
Fundraising costs are unusually low relative to funds raised
The Board appears to be well diversified in terms of age and gender and dynamic in terms of composition

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £1,496,579 available, equivalent to 58 months of spending and so may not be able to utilise additional funding
On several occasions in recent years income has been less than spending

Established: 25 years

www.leedspiano.com

info@leedspiano.com

01132446586

Charity Commission for England and Wales

Tweets

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/12/22		£1,331	£309	£1,022	£43	£1,534	£1,497	58.1	6	0
31/12/21		£616	£1,314	£-698	£102	£511	£468	4.3	12	64
31/12/20		£823	£298	£525	£40	£910	£880	35.4	11	2
31/12/19	*	£429	£263	£166	n/a	n/a	n/a	n/a	n/a	2
31/12/18		£759	£1,134	£-375	£108	£177	£177	1.9	6	70
31/12/17		£391	£296	£95	£0	£0	£0	n/a	0	0
31/12/16?		£14	£176	£-162	£0	£0	£0	n/a	0	0
31/03/15		£144	£210	£-67	£0	£0	£0	n/a	0	0
31/03/14		£136	£164	£-27	£0	£0	£0	n/a	0	0
31/03/13		£379	£547	£-168	£0	£0	£0	n/a	0	0
31/03/12		£214	£215	£-1	£0	£0	£0	n/a	0	0
31/03/11		£147	£156	£-9	£0	£0	£0	n/a	0	0
31/03/10		£553	£553	£0	£71	£1,117	£1,067	23.2	3	0
31/03/09		£388	£169	£219	£0	£0	£0	n/a	0	0
31/03/08		£163	£84	£79	£0	£0	£0	n/a	0	0
31/03/07		£402	£446	£-44	£0	£0	£0	n/a	0	0
31/03/06		£200	£99	£101	£0	£0	£0	n/a	0	0
31/03/05	*	£0	£0	£0	n/a	n/a	n/a	n/a	n/a	0
31/03/04		£390	£399	£-9	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 3.2%
Fundraising Costs/Total Spending: 13.9%
Highest pay band: Less than £60,000
Liabilities/Assets: 1%
Liabilities/Income: 1%
Unrestricted Funds/Total Funds: 98%
Reserves/Spending: 58.1 months
Net Current Assets/Spending: 59 months
Quick Ratio: 37.7

Asset Split ?

Listed activities

Arts/Culture/Heritage/Science

How it operates

Other charitable activities

Where it operates

Throughout England And Wales,

Who it helps

Other Defined Groups

Who works here?

6 employees

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Major supporters in last 5 years

The Foyle Foundation	£100,000
National Lottery Community Fund	£8,550
Co-Operative Group	£1,001

Specific Donations

Amount	When Months	To be used for
The Foyle Foundation - Arts
£50,000	10/07/2023	towards core costs as the organisation builds activity in advance of the three-week festival to take place in Bradford in August 2024
Co-Operative Group - Grant to The Community Workshop and Cafe
£1,001	22/10/2022	We'd like to pay for two workshop leaders to run weekly workshops, including the home school and men's shed, and to be available for small groups and one-to-one workshops as necessary.
National Lottery Community Fund - The Community Workshop and Cafe
£8,550	14/10/2022	The funding will be used to improve the café for the community. The project aims to reduce loneliness and improve mental health.
The Foyle Foundation - Arts
£50,000	24/11/2020	towards the 2021 festival, specifically streaming and artist development (awarded grant in response to coronavirus)
National Lottery Heritage Fund - Grant to Leeds International Piano Competition
£7,100	21/03/2019	Stories from M&S Sheet Music - Leeds' Piano Heritage

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (10)

Current Trustees appointed

Gender Split

Age Range of Trustees: 34-70

BARONESS JUDITH VIVIENNE BLAKE Appointed: 2017, Occupation: Labour Party Peer House Of Lords

GABRIELLE TERESA SOLTI Appointed: 2022, Occupation: Head Teacher

JONATHAN PRYOR Appointed: 2022, Occupation: City Councillor

KENNETH ROBERT BEATY (Chair) Appointed: 2019, Occupation: Non Executive Director

PROFESSOR SIMONE ELISABETH BUITENDIJK Appointed: 2020, Occupation: Provost And Deputy Vice-Chancellor Uni Of Salford

RICHARD SOUTH MORSE Appointed: 2022, Occupation: Corporate Finance Executive

CHRISTOPHER MICHAEL TAIT Appointed: 2020, Occupation: Fs Internal Audit Group Leader

EDWARD APPLEYARD Appointed: 2021, Occupation: Director Of Engagement

JUDITH OLIVIA WEBSTER Appointed: 2022, Occupation: Chief Executive, Other trusteeship: OPEN UP MUSIC,

MARTIN ALEXANDER JENKINS Appointed: 2016, Occupation: Chartered Accountant

Legal constitution

Charitable company registered in England & Wales on 11/01/1999, number: 1073251
Registered at Companies House on 26/02/1998, number: 03518157

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Investment
Paying staff
Risk management
Safeguarding vulnerable beneficiaries
Volunteer management

Filing Record

19 returns made; AR19: 31 days late, AR05: 39 days late,

Recent reorganisation events:

Asset transfer in from FRIENDS OF THE LEEDS INTERNATIONAL PIANO COMPETITION on 18/02/2021

Main office

Leeds International Piano Competition
169B Woodhouse Lane
LEEDS
LS2 3AR

Objectives

3.1 PROMOTE THE ART OF MUSIC AND IN PARTICULAR PIANO PLAYING AND PERFORMANCE, INCLUDING BY STAGING A PIANO COMPETITION TO RECOGNISE EXCEPTIONAL TALENT; 3.2 ASSIST YOUNG MUSICIANS OF SUFFICIENTLY OUTSTANDING TALENT BY THE AWARD OF PRIZES AS WELL AS ARRANGING ENGAGEMENTS AND INVITATIONS FOR SUCH YOUNG MUSICIANS TO GIVE PUBLIC PERFORMANCES; AND 3.3 EDUCATE AND PROMOTE PUBLIC INTEREST IN MUSIC AND IN PARTICULAR PIANO PLAYING AND PERFORMANCE IN THE CITY OF LEEDS, YORKSHIRE AND ELSEWHERE.

Defined Area of Benefit:

LEEDS AND ELSEWHERE

Data Sources