THE LOFTHOUSE FOUNDATION
The provision of amenities and facilities for the benefit of the public.
Objects
THE FURTHERANCE OF SUCH CHARITABLE PURPOSES FOR THE GENERAL BENEFIT OF THE INHABITANTS OF THE TOWN OF FLEETWOOD AND THE FYLDE COAST (INCLUDING ALL TOWNS AND LOCATIONS CONTAINED WITHIN THE AREA COVERED BY THE FY POSTAL CODE) AS THE TRUSTEES THINK FIT INCLUDING IN PARTICULAR BUT NOT SO AS TO LIMIT THE GENERALITY OF THE FOREGOING BY THE PROVISION OF SUCH AMENITIES AND FACILITIES FOR THE BENEFIT OF THE PUBLIC AS ARE NOT PROVIDED FROM PUBLIC FUNDS.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted funds of £121,822,602, which is significantly higher than the stated policy target of maintaining sufficient reserves to cover unrestricted expenditure and respond to emergency grants. The charity reported a net movement in funds of £9,313,937 for the year, driven primarily by commercial trading activities, and the auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“It is the policy of the charity to maintain unrestricted funds, which are the free reserves of the charity, at a level to provide sufficient investment income from which to cover unrestricted expenditure. This provides sufficient funds to cover management and administration and support costs and to respond to emergency applications for grants which arise from time to time.” — page 4
“During the year, Lofthouse of Fleetwoad Limited donated £25,000 (2024 - £nif} to the Foundation.”
“On 12th May 2022, the charity became the majority shareholder in the trading company Lofthouse of Fleetwood Limited.” — page 4
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/12/2025
- Has a trading subsidiary
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/12/2024
- Has a trading subsidiary
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/12/2023
- Has a trading subsidiary
- Grant-making is its main activity
Corporate structure
- Trading subsidiary: LOFTHOUSE OF FLEETWOOD LIMITED Companies House 00781277 · Financial health read from its filings
- Turnover: £79.2m
- Profit before tax: £13.6m
- Donated/gift-aided to the charity: £25k
“Donations totalling £25,000 (2024 - Nil) were made to the Lofthouse Foundation during the year. This is a charitable organisation of which both the directors of the company are Trustees and has a majority shareholding in the company.”
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- MR D C LOFTHOUSEchair
- Kieran Michael Ryan
- Linda Mary Lofthouse
- Martin Clive Brook
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £82.3m | £73.0m |
| 31/12/2024 | £66.3m | £61.8m |
| 31/12/2023 | £67.4m | £64.6m |
| 31/12/2022 | £78.4m | £32.9m |
| 31/12/2021 | £175k | £50k |
Common questions
Is THE LOFTHOUSE FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted funds of £121,822,602, which is significantly higher than the stated policy target of maintaining sufficient reserves to cover unrestricted expenditure and respond to emergency grants. The charity reported a net movement in funds of £9,313,937 for the year, driven primarily by commercial trading activities, and the auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Xeinadin Audit Ltd.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE HISCOX FOUNDATION | 1 | £17k |
| THE REISNER CHARITABLE FOUNDATION LTD | 1 | £5k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF WALCOT, BATH | 1 | £504 |
Charities like this
- THE HELPING FOUNDATION
- Lloyd's of London Foundation
- THE ROYAL ALBERT AND ST SWITHUN'S HOMES
- THE CHARTERHOUSE CHARITABLE TRUST
- THE WAREHOUSE TRUST
- FOORD ALMSHOUSES
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE LOFTHOUSE FOUNDATION | £82.3m | — | — | unclear | — | no doubt |
| THE HELPING FOUNDATION | £23.9m | — | 0 | unclear | — | no doubt |
| Lloyd's of London Foundation | £7.3m | — | 0 | above | — | no doubt |
| THE ROYAL ALBERT AND ST SWITHUN'S HOMES | £205k | — | 0 | unclear | — | no doubt |
| THE CHARTERHOUSE CHARITABLE TRUST | £58k | — | 0 | above | — | no doubt |
| THE WAREHOUSE TRUST | £95k | — | 0 | unclear | — | no doubt |