COMPASS LIVE ART LIMITED
Compass Live Art exists to advance art for the benefit of the public, in particular through the promotion, exhibition and facilitation of live art and contemporary performance, both nationally and internationally, by means of public performance, broadcasts, exhibitions and other suitable means. Compass Live Art produces a biennial festival in Leeds.
Financial health, per its FY2025 accounts
The charity reported a net income of £19,078 for the year ended 31 March 2025, resulting in total unrestricted and restricted reserves of £41,796. The trustees state that free reserves of £26,425 are in excess of their policy target of £12,000, and they are satisfied there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The Trustees aim to hold a balance in free reserves equal to at least three months’ of core expenditure (costs of core team, office rent, insurances etc, equivalent to £12,000)” — page 6
Funders the charity credits
- Leeds City Council
Trustees
- Manpreet Kaur Dhaddachair
- Bronagh Marie Daly
- Dr Shona Dorothy Jane Hunter
- Leah Francis
- Sam Day
- Wendy Denman
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £171k | £152k |
| 31/03/2024 | £54k | £91k |
| 31/03/2023 | £262k | £227k |
| 31/03/2022 | £82k | £173k |
| 31/03/2021 | £87k | £126k |
Common questions
Is COMPASS LIVE ART LIMITED financially healthy?
Per its FY2025 accounts: The charity reported a net income of £19,078 for the year ended 31 March 2025, resulting in total unrestricted and restricted reserves of £41,796. The trustees state that free reserves of £26,425 are in excess of their policy target of £12,000, and they are satisfied there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.
Who funds COMPASS LIVE ART LIMITED?
Funders whose own accounts filings name COMPASS LIVE ART LIMITED as a grant recipient include LEEDS CULTURE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| LEEDS CULTURE TRUST | FY2023 | £21k | exploration, production and community engagement at Kirkgate market to develop a “Leeds Sauce” capturing the essence of the city. |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 12/10/2022 | £26k | "Hungry Ghosts" |
| The National Lottery Heritage Fund | 29/06/2020 | £10k | "COVID19: Compass Live Art Ltd." |
| The National Lottery Heritage Fund | 29/01/2020 | £26k | "Public House - The Yorkshire Square" |