LLOYD'S REGISTER FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that consolidated net assets decreased to £954.9 million from £1,069.2 million in the prior year, driven largely by a significant loss on the investment portfolio. However, the group maintains strong liquidity with net cash of £159.7 million and an investment portfolio valued at £328.3 million, which the trustees consider sufficient to meet liquidity requirements for the foreseeable future.
What the accounts disclose
“2 employees received over £1,000,000; 7 employees received between £500,001 and £1,000,000; 2 employees received between £400,001 and £500,000; 5 employees received between £300,001 and £400,000; 44 employees received between £200,001 and £300,000; 460 employees received between £100,001 and £200,000; and 1,306 employees received between £60,001 and £100,000.”
“A £1,200,000 grant to support decarbonisation in the marine sector. £1,200,000 remains outstanding as at 30 June 2025.” — page 78
“A £200,000 grant to support the SafetyTech Accelerator Programme. £100,000 remains outstanding as at 30 June 2025.” — page 78
“A £1,200,000 grant to support decarbonisation in the marine sector. £1,200,000 remains outstanding as at 30 June 2025.” — page 78
“A £200,000 grant to support the SafetyTech Accelerator Programme. £100,000 remains outstanding as at 30 June 2025.” — page 78
“The Foundation has a social investment in one trading subsidiary, Lloyd’s Register Group Limited, which has its own global group of trading companies (the Trading Group).” — page 76
Leadership, per the charity’s website
- Thomas Thune Andersen — Chairman
- Nick Brown — Chief Executive Officer
- Matthias Altendorf — Chair Elect
- Mary Waldner — Chief Financial Officer
- Alison Kay — Non-Executive Director
- Mark Kelsey — Non-Executive Director
- Patrick Martell — Non-Executive Director
Structured financials (annual return, FY ending 30/06/2025)
Trustees
- THOMAS THUNE ANDERSENchair
- Andreas Sohmen-Pao
- Dame Una Noelle O'Brien
- Dr Paula Louise Haynes
- Madhavi Rani Koya
- Marina May Wyatt
- Matthias Altendorf
- Professor Dracos Vassalos
- Professor Sir Peter George Bruce
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £691.7m | £662.4m |
| 30/06/2024 | £572.1m | £589.6m |
| 30/06/2023 | £560.4m | £550.1m |
| 30/06/2022 | £996.5m | £599.9m |
| 30/06/2021 | £384.5m | £360.5m |
Common questions
Is LLOYD'S REGISTER FOUNDATION financially healthy?
The accounts state that consolidated net assets decreased to £954.9 million from £1,069.2 million in the prior year, driven largely by a significant loss on the investment portfolio. However, the group maintains strong liquidity with net cash of £159.7 million and an investment portfolio valued at £328.3 million, which the trustees consider sufficient to meet liquidity requirements for the foreseeable future. Its FY2025 accounts were audited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| MILLS AND REEVE CHARITABLE TRUST | 2 | £4k |
| THE A B CHARITABLE TRUST | 1 | £300k |
| THE PEARS FAMILY CHARITABLE FOUNDATION | 1 | £300k |
| THE LIZ AND TERRY BRAMALL FOUNDATION | 1 | £100k |
| THE BARROW CADBURY TRUST | 1 | £60k |
| THE BARTLETT FOUNDATION | 1 | £54k |
| THE HAPPY BABY COMMUNITY | 1 | £52k |
| GIVE A GIFT | 1 | £45k |