Lloyd's of London Foundation
Latest income
£1.5m
Latest spending
£1.2m
Registered
1962
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £438,000, which is above the trustees' stated policy target of circa £250,000. The charity reported a net income of £348,000 and held total reserves of £3,407,000, with the Trustees confirming that resources are adequate to continue as a going concern.
What the accounts disclose
Reserves policy: circa £250,000 (held: £438k)
“Trustees have agreed a reserves policy of holding circa £250,000 in reserve.” — page 8
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The cost of the administration of the Charity is borne in full by the Corporation of Lloyd’s with the exception of investment management fees, audit fees and bank charges.
“The cost of the administration of the Charity is borne in full by the Corporation of Lloyd’s with the exception of investment management fees, audit fees and bank charges. No remuneration was paid to the Trustees and any reasonable Trustees expenses are reimbursed by the Corporation of Lloyd’s.” — page 18
“As noted in the report of the Trustees, the auditor was paid for the provision of bookkeeping services. This was for an amount of £6,000 (2023: £5,000) and was paid by the Corporation of Lloyd’s.” — page 19
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The auditor was paid for the provision of bookkeeping services by the Corporation of Lloyd’s.
“The cost of the administration of the Charity is borne in full by the Corporation of Lloyd’s with the exception of investment management fees, audit fees and bank charges. No remuneration was paid to the Trustees and any reasonable Trustees expenses are reimbursed by the Corporation of Lloyd’s.” — page 18
“As noted in the report of the Trustees, the auditor was paid for the provision of bookkeeping services. This was for an amount of £6,000 (2023: £5,000) and was paid by the Corporation of Lloyd’s.” — page 19
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The charity received an annual donation from the Council of Lloyd’s.
“The cost of the administration of the Charity is borne in full by the Corporation of Lloyd’s with the exception of investment management fees, audit fees and bank charges. No remuneration was paid to the Trustees and any reasonable Trustees expenses are reimbursed by the Corporation of Lloyd’s.” — page 18
“As noted in the report of the Trustees, the auditor was paid for the provision of bookkeeping services. This was for an amount of £6,000 (2023: £5,000) and was paid by the Corporation of Lloyd’s.” — page 19
Per its FY2024 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/12/2024)
Total income
£1.5m
Total spending
£1.2m
Cost of raising funds
£104k
Reserves (reported)
£3.4m
Employees
0
Register events
- Received assets from another charity (20/02/2025)
Trustees
- Caroline Klein
- Charles Roxburgh
- Dawn Miller
- Elizabeth Cabrera
- Hannah-Polly Williams
- Holly Hedgeland
- Mark Fidler
- Nathan Hambrook-Skinner
- Ola Jacob-Raji
- Oliver Ferrari
- Raza Hassan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.5m | £1.2m |
| 31/12/2023 | £769k | £1.1m |
| 31/12/2022 | £482k | £685k |
| 31/12/2021 | £1.1m | £898k |
| 31/12/2020 | £1.4m | £941k |
Common questions
Is Lloyd's of London Foundation financially healthy?
The accounts state that unrestricted reserves stood at £438,000, which is above the trustees' stated policy target of circa £250,000. The charity reported a net income of £348,000 and held total reserves of £3,407,000, with the Trustees confirming that resources are adequate to continue as a going concern. Its FY2024 accounts were audited by TC Group.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE HAPPY BABY COMMUNITY | 1 | £52k |
| THE LEGAL EDUCATION FOUNDATION | 1 | £10k |