LLOYD'S BENEVOLENT FUND

Registered charity 207231 · accounts filings on the Charity Commission register

In house benevolent fund.

Objects

THE OBJECTS OF THE FUND SHALL BE TO ASSIST ALL THOSE IN NECESSITOUS CIRCUMSTANCES WHO WORK IN, OR HAVE WORKED IN, THE LLOYD'S COMMUNITY, AND THEIR DEPENDANTS OR OTHERS AT THE DISCRETION OF THE TRUSTEES, BUT EXCLUDING ANY PERSON WHO IS AN UNDERWRITING MEMBER OF LLOYD'S.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · The Prevention Or Relief Of Poverty · Get email alerts

Latest income

£425k

Latest spending

£466k

Registered

1962

Accounts read

FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves totalled £16,599,000, an increase from the previous year's £14,979,000. The trustees consider there are no material uncertainties regarding the Fund’s ability to continue as a going concern, citing sufficient budgeted income and expenditure levels to cover operations for the next 12 months. The charity relies on investment income to support its grant-making activities while preserving capital.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Investment income

“The revenue of the Fund is generated mainly from investment income and by way of donations and legacies.” — page 5

Per its FY2024 accounts as filed with the Charity Commission.

Reserves policy: The Fund relies on the income from its investment Fund to support its grant making, leaving the capital of the Fund untouched as far as possible to provide a future income stream. (held: £16.6m)

“The Fund relies on the income from its investment Fund to support its grant making, leaving the capital of the Fund untouched as far as possible to provide a future income stream. Unrestricted funds as at 31 December 2024 totalled £16,599,000 (31 December 2023: £14,979,000) which are available at the discretion of the Trustees to meet the continuing requirements of the Fund.” — page 6

Per its FY2024 accounts as filed with the Charity Commission.

Related-party transaction: Recruitment services of a value of £25,000 plus VAT, were provided by Damhurst & Co., of which J Cooper, a trustee, is a director. These services were donated to the charity, and as such are shown within income and expenditure.

“There was one related party transaction in the period ended 31 December 2023. Recruitment services of a value of £25,000 plus VAT, were provided by Damhurst & Co., of which J Cooper, a trustee, is a director. These services were donated to the charity, and as such are shown within income and expenditure.” — page 17

Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by TC Group. Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Complaints handling
Conflicting interests
Investment
Paying staff
Risk management
Safeguarding vulnerable beneficiaries

Trustees · trustee networks

Ajay Gupta · trustee of 1 other charity
Andrew Groom
James Philip Cooper
Marcella McLean
Marianne Clare Kathleen Harvey · trustee of 1 other charity
Mark Patrick Aylward · trustee of 1 other charity
Sally Jane Coryn · trustee of 1 other charity
Shazia Deenally · trustee of 1 other charity
Simon Andrew Charles White JP · trustee of 1 other charity
Simon Andrew Charles White JP · trustee of 1 other charity

Trustee list from the Charity Commission register (current, not historical).

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year end	Income	Spending
31/12/2024	£425k	£466k
31/12/2023	£419k	£387k
31/12/2022	£433k	£451k
30/09/2021	£302k	£361k
30/09/2020	£334k	£453k

Common questions

Is LLOYD'S BENEVOLENT FUND financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted reserves totalled £16,599,000, an increase from the previous year's £14,979,000. The trustees consider there are no material uncertainties regarding the Fund’s ability to continue as a going concern, citing sufficient budgeted income and expenditure levels to cover operations for the next 12 months. The charity relies on investment income to support its grant-making activities while preserving capital. Its FY2024 accounts were audited by TC Group.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Funder	Similar charities funded	Amount to them
THE TIM HENMAN FOUNDATION	1	£9k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE STOCK EXCHANGE BENEVOLENT FUND.

THE STOCK EXCHANGE BENEVOLENT FUND income £773k
RICHMOND TRUST FUND income £220k
THE BEHRENS FOUNDATION income £120k
RICHARD HENRY HOLMES MASONIC BENEVOLENT FUND income £218k
THE BRISTOL BENEVOLENT INSTITUTION income £511k
THE BEN AND PRECY CHARITABLE TRUST income £111k

Side by side with its peers

Charity	Income	Top pay band	Staff >£60k	Reserves vs policy	Fundraising cost	Going concern
LLOYD'S BENEVOLENT FUND	£425k	—	0	unclear	—	no doubt
THE STOCK EXCHANGE BENEVOLENT FUND FY2024	£773k	—	—	unclear	—	no doubt
RICHMOND TRUST FUND FY2025	£220k	—	0	above	—	no doubt
THE BEHRENS FOUNDATION FY2026	£120k	—	0	unclear	—	no doubt
RICHARD HENRY HOLMES MASONIC BENEVOLENT FUND FY2025	£218k	—	0	unclear	—	no doubt
THE BRISTOL BENEVOLENT INSTITUTION FY2024	£511k	—	0	unclear	—	no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.