Leeds International Piano Competition
Registered charity 1073251 · accounts filings on the Charity Commission register · also known as LEEDS INTERNATIONAL PIANOFORTE COMPETITION
The charity runs an international pianoforte competition every three years.
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Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £860,743 for the year ended 31 December 2024, which the trustees attribute to the triennial competition cycle where funds are spent heavily in the competition year. Per the trustees' report, unrestricted reserves stood at £598,417, with £215,845 in free cash reserves, which is considered in line with their policy to cover at least four months of core costs. The auditors confirmed that the going concern basis of accounting is appropriate and identified no material uncertainties regarding the charity's ability to continue operating.
Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Employees paid over £60,000: 1
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: 2024 1” — page 25
Per its FY2024 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy (held: £598k; policy: at least four months of core staff and operating costs)
“At year end, we held cash reserves of £215,845, of which none relate to restricted funds, leaving £215,845 in free cash reserves. This is in line with our target for covering core costs and anticipated future liabilities. We operate a minimum reserves policy to ensure that the charity holds sufficient unrestricted reserves to cover at least four months of core staff and operating costs.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Steinway & Sons
“Steinway & Sons provided pianos and technician support to the Leeds International Piano Competition at a cost of £12,030 to the charity. Christopher Tait is the Director of Finance and Operations at Steinway & Sons and a trustee of the charity.” — page 30
Per its FY2024 accounts as filed with the Charity Commission.
Accounts audited by UHY Calvert Smith LLP. Discloses 5 of 6 completeness components.
Public profiles (found on the charity’s own website): facebook · instagram
Structured financials (annual return, FY ending 31/12/2024)
Cost of raising funds
£189k
Reported reserves equal ~1.7 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).
Per its annual return, largest income source: Donations and legacies (81% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.
Per its annual return, cost of raising funds: 28.2% of total income — in the top quarter for charities its size (median 4.9%) (benchmarks).
Register events
- Received assets from another charity (18/02/2021) — per the register’s event history; asset transfers typically record mergers or reorganisations.
- Edward Appleyardchair
- Christopher Michael Tait
- Gabrielle Teresa Solti
- Isabel Hunt
- Judith Olivia Webster · trustee of 1 other charity
- Professor Shearer Carroll West
- Richard South Morse
- Salma Arif
Trustee list from the Charity Commission register (current, not historical).
Operates in: Throughout England And Wales
Income and spending
Common questions
Is Leeds International Piano Competition financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net expenditure of £860,743 for the year ended 31 December 2024, which the trustees attribute to the triennial competition cycle where funds are spent heavily in the competition year. Per the trustees' report, unrestricted reserves stood at £598,417, with £215,845 in free cash reserves, which is considered in line with their policy to cover at least four months of core costs. The auditors confirmed that the going concern basis of accounting is appropriate and identified no material uncertainties regarding the charity's ability to continue operating. Its FY2024 accounts were audited by UHY Calvert Smith LLP.
Who funds Leeds International Piano Competition?
Funders whose own accounts filings name Leeds International Piano Competition as a grant recipient include THE LIZ AND TERRY BRAMALL FOUNDATION, The Keith Howard Foundation, THE SIR JACK LYONS CHARITABLE TRUST, THE KIRBY LAING FOUNDATION, THE VERNON ELLIS FOUNDATION.
Known funders
Grants to this charity found in funders’ own accounts filings.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.
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Semantically similar by activities and financial character, from our analysed corpus. Compare with THE LLANGOLLEN INTERNATIONAL MUSICAL EISTEDDFOD LIMITED.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.