Penny Lane Development Trust
Analysis
Penny Lane Development Trust is a registered charity in England and Wales, based in Manchester. It was registered in September 2003, 23 years ago. Its declared purposes cover education/training, arts/culture/heritage/science, amateur sport and environment/conservation/heritage, which this site groups under arts, culture, heritage and science. Legally it is a charitable company (Companies House number 04586173). It says it provides buildings/facilities/open space, provides services and provides advocacy/advice/information.
In the financial year ending March 2024, Penny Lane Development Trust reported income of £52k and spending of £72k, spending 140% of what it took in. Across the 4 years on record, from March 2021 to March 2024, income fell from £58k to £52k (-11%), an average of -3.8% a year. Over the whole period it spent 115% of the income it received.
Among 17,634 England and Wales charities whose main cause is arts, culture, heritage and science and that reported income, Penny Lane Development Trust sits at the 70th percentile: it is larger than about 70% of them. Against every charity in England and Wales with reported income it ranks in the 61st percentile. Charities of a similar size with the same main cause include Harrogate Symphony Orchestra (£52k), The Brierley Hill Musical Theatre Company (£52k) and Brede Village Hall (£52k).
Data notes from the register: The regulator lists this charity's latest annual return or accounts as overdue. The register marks this charity as being in administration. Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Other 100%
In the charity's own words
The advancement of education among young people resident in south Liverpool. In particular, but without prejudice to the generality of the foregoing, to provide or assist in the provision of local history for the said young people. The conservation of the enviroment within the area of benefit. The provision of recreational facilities in the interest of social welfare.
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Harrogate Symphony Orchestra | North Yorkshire | £52k |
| The Brierley Hill Musical Theatre Company | West Midlands | £52k |
| Brede Village Hall | East Sussex | £52k |
| The Shaftesbury & District Historical Society | Shaftesbury | £52k |