LIVERPOOL LIFE SCIENCE ACCELERATOR LIMITED
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net outgoing resource of £16k and holds negative free reserves of £187k, driven by depreciation and an unrealized loss on an interest rate swap. The trustees confirm that loan covenants are being met and rely on the parent company's support and cash pooling facility to maintain adequate resources for the foreseeable future.
What the accounts disclose
“Total and free reserves are -£187k (2024 : -£132k).”
“During 2025, rents totalling £995k were received from LLSA’s parent company Liverpool School of Tropical Medicine (LSTM)(2024 : £1,039k) ; As at 31 July 2025 there was an outstanding inter-company balance of £260k debtor owed by LSTM relating rents owed (2024 : £476k)” — page 24
“During 2025, no loans were made by LLSA’s parent company Liverpool School of Tropical Medicine (LSTM) (2024 : £Nil) and interest of £508k was paid (2024 : £564k); As at 31 July 2025 there was an outstanding inter-company balance of £49k creditor owed by LLSA in relation to loan interest (2024 : £50k)” — page 25
“During 2025, rents totalling £995k were received from LLSA’s parent company Liverpool School of Tropical Medicine (LSTM)(2024 : £1,039k) ; As at 31 July 2025 there was an outstanding inter-company balance of £260k debtor owed by LSTM relating rents owed (2024 : £476k)” — page 24
“During 2025, no loans were made by LLSA’s parent company Liverpool School of Tropical Medicine (LSTM) (2024 : £Nil) and interest of £508k was paid (2024 : £564k); As at 31 July 2025 there was an outstanding inter-company balance of £49k creditor owed by LLSA in relation to loan interest (2024 : £50k)” — page 25
“During 2025, rents totalling £995k were received from LLSA’s parent company Liverpool School of Tropical Medicine (LSTM)(2024 : £1,039k) ; As at 31 July 2025 there was an outstanding inter-company balance of £260k debtor owed by LSTM relating rents owed (2024 : £476k)” — page 24
“During 2025, no loans were made by LLSA’s parent company Liverpool School of Tropical Medicine (LSTM) (2024 : £Nil) and interest of £508k was paid (2024 : £564k); As at 31 July 2025 there was an outstanding inter-company balance of £49k creditor owed by LLSA in relation to loan interest (2024 : £50k)” — page 25
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- Hugh James MACDONALD
- IAN MALCOLM JONES
- Joanne Louise Clague
- Professor David Griffith Lalloo
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £1.1m | £1.1m |
| 31/07/2024 | £1.2m | £1.1m |
| 31/07/2023 | £746k | £745k |
Common questions
Is LIVERPOOL LIFE SCIENCE ACCELERATOR LIMITED financially healthy?
The accounts state that the charity reported a net outgoing resource of £16k and holds negative free reserves of £187k, driven by depreciation and an unrealized loss on an interest rate swap. The trustees confirm that loan covenants are being met and rely on the parent company's support and cash pooling facility to maintain adequate resources for the foreseeable future. Its FY2025 accounts were audited by Crowe U.K. LLP.