THE CHARLES LLOYD FOUNDATION
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.
Objects
1. IN OR TOWARDS THE COST OF BUILDING, ENLARGING, IMPROVING, MODERNISING, REPAIRING, DECORATING AND REBUILDING CATHEDRALS, CHURCHES, CHAPELS, PRESBYTERIES AND PRIEST HOUSES BELONGING TO THE ROMAN CATHOLIC CHURCH, IN THE AREA OF BENEFIT. 2. IN OR TOWARDS THE ADVANCEMENT OF RELIGION. 3. IN OR TOWARDS 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.
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.
What the accounts disclose
“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
Policies the charity declares
- Complaints policy and procedures
- 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
- Safeguarding policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 05/04/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 05/04/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 05/04/2023
- Grant-making is its main activity
Trustees
- VINCENT RYANchair
- PATRICK GEORGE WALTERS
- RICHARD CHARLES AINSWORTH THORN
- STEVEN PAUL DAVIES
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE VINEHILL TRUST | 1 | £4.7m |
| THE ALBERT GUBAY CHARITABLE FOUNDATION | 1 | £410k |
| CATHOLIC TRUST FOR ENGLAND AND WALES | 1 | £300k |
| THE NATIONAL FOUNDATION FOR YOUTH MUSIC | 1 | £10k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF LEEDS CITY | 1 | £8k |
| OLD POSSUM'S PRACTICAL TRUST | 1 | £5k |
| SIR JOHN PRIESTMAN CHARITY TRUST | 1 | £5k |
| WESTWAY TRUST | 1 | £1k |
Charities like this
- THE C L LOYD CHARITABLE TRUST
- LEEDS DIOCESAN TRUST
- LATYMER CHRISTIAN FELLOWSHIP TRUST
- THE CHARLES LANE TRUST
- THE LOTUS CHILDRENS FOUNDATION
- CHARITY FOR ROMAN CATHOLIC PURPOSES ADMINISTERED IN CONNECTION WITH THE CONGREGATION OF THE FRANCISCAN MISSIONARY SISTERS (LITTLEHAMPTON)
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE CHARLES LLOYD FOUNDATION | £96k | — | 0 | unclear | — | no doubt |
| THE C L LOYD CHARITABLE TRUST | £64k | — | 0 | unclear | — | no doubt |
| LEEDS DIOCESAN TRUST | £13.3m | — | — | above | — | no doubt |
| LATYMER CHRISTIAN FELLOWSHIP TRUST | £104k | — | 0 | above | — | no doubt |
| THE CHARLES LANE TRUST | £55k | — | 0 | unclear | — | no doubt |
| THE LOTUS CHILDRENS FOUNDATION | £447k | — | 0 | unclear | — | no doubt |