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2024-12-31-accounts

THE LIFT AND ESCALATOR SYMPOSIUM EDUCATIONAL TRUST Registered Charity 1170947

TRUSTEES REPORT FOR 2024

The Trustees are pleased to report that the Charity continues to achieve its aim to advance education in lift and escalator and related technologies.

We were very pleased to achieve Charitable status with the Charity Commission in January 2017.

The Charity continues to enjoy a healthy relationship with the Lift & Escalator Industry Association (LEIA), University of Northampton (UoN) and the Chartered Institution of Building Services Engineers (CIBSE). The collaboration of these organisations assists in making the symposia internationally recognised as the highest quality provider of educational papers in the world.

It is anticipated that the relationship with the University of Northampton will fade away as they withdraw courses appropriate to our host industry and we are actively seeking relationships with alternatives.

Since inception we have held 15 very successful symposia. (Two have been online due to the COVID pandemic, 9 were held at Highgate House Conference Centre in Northampton over a two-day period and a further Symposium was held in Hong Kong during 2018). In 2022, with the loss of Highgate House as a venue we transferred to the Hilton Hotel, Northampton where we also held the 2023 event. In 2024 it was decided by the Trustees to move to the Kettering Park Hotel.

Our 2024 symposium was an in person event over two days. There were a wide range of presentations on lift and escalator technologies which were well received by the audience. Delegates came from all around the globe with many different countries represented.

It is our intention to hold another symposium in Kettering in 2025. This will be our 16[th] Symposium and a new venue has been sourced.

In order to promote education, the proceedings of the symposia are made available free of charge on our website. In addition, the lift and escalator industry global trade press supported our symposium with the promotion of the event, publication of a post event report and the publication of a number of the presented papers.

The Trust is delighted to report that a new UK based trade publication, Lift Industry News, was launched in 2022 and will be publishing papers from the symposium.

The Trust is also delighted to report that the lift & escalator online library, which was launched in 2021, has proved to be a success. This is a library where papers can be located for the purposes of research and/or subject matter interest.

On the basis of the forgoing the Trustees are delighted to report that the Charity continues to achieve its aims.

Financial Summary

The Charity’s financial position remains stable, with reserves held for the purpose of sustaining future operations and events. The Trustees plan to use part of these reserves to enhance the accessibility of educational resources and to support attendance at conferences for those who cannot afford the fees.

Structure, Governance, and Management

The Lift and Escalator Symposium Educational Trust is constituted as a Charitable Incorporated Organisation (CIO). Trustees are selected in accordance with the constitution.

Reference and Administrative Details

Trustees

Names of the charity trustees who managed the charity during the year:

  1. David Cooper (Chairman)

  2. Stefan Kaczmarczyk

  3. Nicholas Mellor (Treasurer)

  4. Richard Peters

Declaration

The trustees declare that they have approved the trustees’ report above.

David Cooper Chairman

21[st] October 2025

LIFT & ESCALATOR SYMPOSIUM TRUST

FINANCIAL YEAR ENDED 31 December 2024

INCOME
Donations £15,451.69
(not used) £0.00
(not used) £0.00
Total £15,451.69
EXPENDITURE
Banking £60.00
(not used) £0.00
(not used) £0.00
(not used) £0.00
Total £60.00
Income – expenditure £15,391.69
Balance brought forward from previous year £43,910.41
Balance carried forward £59,302.10

Notes

Peters Research acts as an events organiser for the Trust on a non-profit basis. The event surplus is donated to the Trust as recorded in these accounts.