Charity Accounts Intelreading the accounts so you don’t have to

THE CHARLES LLOYD FOUNDATION

Registered charity 235225 · accounts filings on the Charity Commission register · also known as THE LLOYD TRUST

To defray the future cost of building, enlarging, modernising, repairing, decorating buildings belonging to the Roman Catholic Church in the trust area; the advancement of the religion in the trust area; and the promotion and advancement of music, either religious or secular, for public appreciation or in or towards National Catholic Charities operating in the trust Area.

Causes: Religious Activities · Get email alerts

Latest income
£96k
Latest spending
£85k
Registered
1964
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity incurred an overall loss on investments of £64,266, resulting in a net deficit of £52,761 for the year. Despite this loss, the charity holds total net assets of £2,621,241, comprising a permanent endowment fund of £2,383,714 and designated funds of £237,527. The trustees confirm they have adequate resources to continue in operational existence for the foreseeable future.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Related-party transaction: Payments to Quilter Cheviot for investment management; Mr R C A Thorn was an executive director until retirement.
“Mr R C A Thorn, a trustee, was also an executive director of Quilter Cheviot, the Charity’s investment managers until his retirement on 31 March 2025. The amounts paid to Quilter Cheviot are disclosed in note 7 and are at a commercial rate and allowable under the trust deed.” — page 21
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 3 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Carmarthenshire · Ceredigion · Denbighshire · Gwynedd · Isle Of Anglesey · Pembrokeshire · Powys · Wrexham

Income and spending

Financial year endIncomeSpending
05/04/2025£96k£85k
05/04/2024£85k£66k
05/04/2023£79k£55k
05/04/2022£73k£41k
05/04/2021£64k£54k

Common questions

Is THE CHARLES LLOYD FOUNDATION financially healthy?

Per its FY2025 accounts: The accounts state that the charity incurred an overall loss on investments of £64,266, resulting in a net deficit of £52,761 for the year. Despite this loss, the charity holds total net assets of £2,621,241, comprising a permanent endowment fund of £2,383,714 and designated funds of £237,527. The trustees confirm they have adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were independently examined.