LLOYDS BANK FOUNDATION FOR THE CHANNEL ISLANDS
The Lloyds TSB Foundation for the Channel Islands is established to do anything which is a charitable purpose according to the laws of England and Wales from time to time principally in, but not limited to, the Channel Islands.
Objects
A) TO ADVANCE EDUCATION AND TRAINING IN ALL ASPECTS OF KNOWLEDGE BY MEANS OF (BUT NOT LIMITED TO) THE MAKINGS OF GRANTS, INCLUDING THE ESTABLISHMENT OF SCHOLARSHIPS AND PRIZES, AND OTHER LIKE AWARDS. B) TO ADVANCE SCIENTIFIC OR MEDICAL RESEARCH, OF THE CONDITION THAT ALL USEFUL RESULTS OF SUCH SCIENTIFIC OR MEDICAL RESEARCH ARE PUBLISHED AND EDUCATION IN SCIENTIFIC OR MEDICAL RESEARCH BY MEANS OF (BUT NOT LIMITED TO) THE MAKING OF GRANTS, INCLUDING THE ESTABLISHMENT OF SCHOLARSHIPS AND PRIZES, AND OTHER LIKE AWARDS. (FOR FURTHER DETAILS SEE CLAUSE 3 OF THE MEMORANDUM AND ARTICLES OF ASSOCIATION).
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves were £1,368,542, which is above the trustees' stated target of approximately £900,000. The charity reported a net deficit of £148,642 for the year, primarily due to increased charitable expenditure exceeding income, but maintains sufficient liquid resources to continue operations until at least March 2027.
What the accounts disclose
“This employee’s emoluments fell between the band £70,001 - £80,000.”
“One employee received employee remuneration of more than £60,000, (excluding employer pension costs) during the year (2024: One).” — page 34
“Donations from Lloyds Banking Group - Covenant income 1,036,064”
“The Trustees have decided that the reserves for emergency or creative grant giving should be £500,000 and that the amount required for operating costs is estimated at £400,000 making the total reserve requirement in the region of £900,000.” — page 14
“The Foundation paid £9,840 (2024: £9,590) to Lloyds Bank Foundation for England & Wales (LBFEW) in respect of time spent by that Foundation’s staff for administration of the Foundation for the Channel Islands.” — page 36
“Trustees Adele Bohlen and Andrew Corbett (until September 2025) were employed by Lloyds Banking Group plc in 2025.” — page 37
“The Foundation paid £9,840 (2024: £9,590) to Lloyds Bank Foundation for England & Wales (LBFEW) in respect of time spent by that Foundation’s staff for administration of the Foundation for the Channel Islands.” — page 36
“Trustees Adele Bohlen and Andrew Corbett (until September 2025) were employed by Lloyds Banking Group plc in 2025.” — page 37
“The Foundation paid £9,840 (2024: £9,590) to Lloyds Bank Foundation for England & Wales (LBFEW) in respect of time spent by that Foundation’s staff for administration of the Foundation for the Channel Islands.” — page 36
“Trustees Adele Bohlen and Andrew Corbett (until September 2025) were employed by Lloyds Banking Group plc in 2025.” — page 37
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events 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
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media 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 31/12/2025
- Volunteers: 12
- Employees paid over £60,000: 1 (£60,001–£70,000: 1)
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/12/2024
- Volunteers: 10
- Employees paid over £60,000: 1 (£60,001–£70,000: 1)
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/12/2023
- Volunteers: 10
- Grant-making is its main activity
Leadership, per the charity’s website
- Philippa Stahelin — Chair
- Jo Le Poidevin — Executive Director
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- Aaron Philip Davies
- Adele Louise Bohlen
- Claire White
- David Pirouet
- Hana Elizabeth Plesk
- Oliver Benjamin Smith
- Philippa Jane Stahelin
- Stuart Anthony Berry
- Thomas Paul Holvey
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £1.3m | £1.5m |
| 31/12/2024 | £1.3m | £1.2m |
| 31/12/2023 | £901k | £975k |
| 31/12/2022 | £803k | £834k |
| 31/12/2021 | £892k | £1.2m |
Common questions
Is LLOYDS BANK FOUNDATION FOR THE CHANNEL ISLANDS financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves were £1,368,542, which is above the trustees' stated target of approximately £900,000. The charity reported a net deficit of £148,642 for the year, primarily due to increased charitable expenditure exceeding income, but maintains sufficient liquid resources to continue operations until at least March 2027. Its FY2025 accounts were audited by Deloitte LLP.
What does the highest-paid employee of LLOYDS BANK FOUNDATION FOR THE CHANNEL ISLANDS earn?
Per its FY2025 accounts, the highest-paid employee was in the £70,001 - £80,000 band, and 1 employees earned over £60,000.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| TRUST FOR LONDON | 1 | £1.0m |
| THE HAPPY BABY COMMUNITY | 1 | £105k |
| GIVE A GIFT | 1 | £30k |
| THE HISCOX FOUNDATION | 1 | £17k |
| THE LEGAL EDUCATION FOUNDATION | 1 | £10k |
| The Merchant Taylors' Foundation | 1 | £7k |
| ASSOCIATION OF NHS CHARITIES | 1 | £5k |
| THE CENTRE FOR AFRICAN ENTREPRENEURSHIP | 1 | £3k |
Charities like this
- LLOYDS BANK FOUNDATION FOR ENGLAND & WALES
- Lloyd's of London Foundation
- THE LAKE FOUNDATION CHARITABLE TRUST
- CdLS Foundation UK & Ireland
- WATES FOUNDATION LIMITED
- WHITLINGHAM BOATHOUSES FOUNDATION LTD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| LLOYDS BANK FOUNDATION FOR THE CHANNEL ISLANDS | £1.3m | £70,001 - £80,000 | 1 | unclear | — | no doubt |
| LLOYDS BANK FOUNDATION FOR ENGLAND & WALES | £29.6m | — | — | above | — | no doubt |
| Lloyd's of London Foundation | £7.3m | — | 0 | above | — | no doubt |
| THE LAKE FOUNDATION CHARITABLE TRUST | £125k | — | 0 | unclear | — | no doubt |
| CdLS Foundation UK & Ireland | £54k | — | 0 | above | — | no doubt |
| WATES FOUNDATION LIMITED | £584k | — | — | unclear | — | no doubt |