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.
Financial health, per its FY2023 accounts
The accounts state that unrestricted reserves stood at £1,416,396, which is above the trustees' stated target of approximately £900,000. The charity reported a net expenditure before investment gains of £70,862, funded primarily by a covenant from Lloyds Banking Group, and confirmed no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
Leadership, per the charity’s website
- Philippa Stahelin — Chair
- Jo Le Poidevin — Executive Director
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Aaron Philip Davies
- Adele Louise Bohlen
- 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 |
|---|---|---|
| 31/12/2024 | £1.3m | £1.2m |
| 31/12/2023 | £901k | £975k |
| 31/12/2022 | £803k | £834k |
| 31/12/2021 | £892k | £1.2m |
| 31/12/2020 | £891k | £1.1m |
Common questions
Is LLOYDS BANK FOUNDATION FOR THE CHANNEL ISLANDS financially healthy?
Per its FY2023 accounts: The accounts state that unrestricted reserves stood at £1,416,396, which is above the trustees' stated target of approximately £900,000. The charity reported a net expenditure before investment gains of £70,862, funded primarily by a covenant from Lloyds Banking Group, and confirmed no material uncertainties regarding its ability to continue as a going concern. Its FY2023 accounts were audited by Deloitte LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| TRUST FOR LONDON | 1 | £1.0m |
| THE MASTER CHARITABLE TRUST | 1 | £323k |
| PRISM THE GIFT FUND | 1 | £219k |
| THE AMATEURS TRUST | 1 | £115k |
| THE HAPPY BABY COMMUNITY | 1 | £105k |
| GIVE A GIFT | 1 | £30k |
| THE HISCOX FOUNDATION | 1 | £17k |
| THE EDWARD GOSTLING FOUNDATION | 1 | £10k |
Charities like this
- LLOYDS BANK FOUNDATION FOR ENGLAND & WALES
- Lloyd's of London Foundation
- BEDFORDSHIRE AND LUTON COMMUNITY FOUNDATION
- THE LAWS FOUNDATION
- LSEG Foundation
- LCI MD 105 FOUNDATION
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 | — | — | unclear | — | no doubt |
| LLOYDS BANK FOUNDATION FOR ENGLAND & WALES | £29.6m | — | — | above | — | no doubt |
| Lloyd's of London Foundation | £1.5m | — | 0 | above | — | no doubt |
| BEDFORDSHIRE AND LUTON COMMUNITY FOUNDATION | £5.3m | Over £60,000 | 1 | unclear | 5.3% | no doubt |
| THE LAWS FOUNDATION | £240k | — | 0 | unclear | — | no doubt |
| LSEG Foundation | £4.6m | — | 0 | unclear | — | no doubt |