LLOYDS BANK FOUNDATION FOR ENGLAND & WALES
Registered charity 327114 · accounts filings on the Charity Commission register · also known as LLOYDS TSB FOUNDATION FOR ENGLAND AND WALES, Lloyds Bank Foundation
To be a leading grant maker supporting and working in partnership with recognised charitable organisations which help people, especially those who are disadvantaged or disabled, to play a fuller role in communities throughout England and Wales.
Causes: General Charitable Purposes · Education/training · The Advancement Of Health Or Saving Of Lives · Disability · The Prevention Or Relief Of Poverty · Grant history (this charity is a funder) · website · Get email alerts
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit on unrestricted funds of £1.2 million for the year, which was funded by existing reserves. The trustees confirm that free reserves of £24.8 million remain well in excess of their stated policy target of £14.2 million, providing confidence in the charity's ability to continue operations through June 2027.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Largest income source: Lloyds Banking Group (89% of income)
“In 2025 we received £24.3m from Lloyds Banking Group (LBG) under the Covenant” — page 20
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: 12 months total expenditure less the minimum annual payment under the Lloyds Banking Group covenant with a tolerance level of 5% below the target (held: £24.8m)
“the reserves policy requires 12 months total expenditure less the minimum annual payment under the Lloyds Banking Group covenant with a tolerance level of 5% below the target before action is required. At 31 December 2025 this represented a level of £14.2m”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Covenanted income from Lloyds Banking Group.
“In 2025 we received £24.3m from Lloyds Banking Group (LBG) under the Covenant” — page 20
“Head of Finance, Andrew Whitehead, is the Chair of the Pension Trustees of a pension scheme sponsored by Shaftesbury. In 2025, the Foundation made a donation of £500 to Shaftesbury” — page 42
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donation to Shaftesbury where Head of Finance is Chair of Pension Trustees.
“In 2025 we received £24.3m from Lloyds Banking Group (LBG) under the Covenant” — page 20
“Head of Finance, Andrew Whitehead, is the Chair of the Pension Trustees of a pension scheme sponsored by Shaftesbury. In 2025, the Foundation made a donation of £500 to Shaftesbury” — page 42
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Membership fee to London Funders where Manager for London is a Trustee.
“In 2025 we received £24.3m from Lloyds Banking Group (LBG) under the Covenant” — page 20
“Head of Finance, Andrew Whitehead, is the Chair of the Pension Trustees of a pension scheme sponsored by Shaftesbury. In 2025, the Foundation made a donation of £500 to Shaftesbury” — page 42
Per its FY2025 accounts as filed with the Charity Commission.
Governance: Serious incident report regarding safeguarding concerns at a grantee.
“During the year the Foundation received reports about safeguarding concerns at a charity it had recently awarded a grant to. The matter was reported to the Charity Commission and the grant award was withdrawn.” — page 23
Per its FY2025 accounts as filed with the Charity Commission.
Accounts audited by Deloitte LLP. Discloses 4 of 6 completeness components.
Corporate structure
Leadership, per the charity’s website
- Matt Hyde — Chief Executive (source)
Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.
Funders the charity credits
Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).
- National Lottery Community Fund — “We’re leading a £2 million partnership, funded by the National Lottery Community Fund, to strengthen civil society organisations so they can…” (source page)
- Lloyds Banking Group — “Since our founding in 1985, the Lloyds Banking Group has trusted us to play a role in helping Britain’s communities prosper. As well as prov…” (source page)
Company officers (Companies House)
Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.
- BARROW, Mark Patrick — director, appointed 02/02/2026on trustee list
- BERRY, Clara Louise — director, appointed 02/02/2026on trustee list
- HUNT, Ruth Elizabeth, Baroness — director, appointed 02/02/2026on trustee list
- SOLOMON, Enver — director, appointed 01/10/2025on trustee list
- RAVENHILL, Miles John — director, appointed 01/05/2025on trustee list
- NEEDHAM, Laura — director, appointed 01/01/2024on trustee list
- JASSEY, Ajneet Kaur — director, appointed 01/01/2024on trustee list
- WILLIAMS, Claud Leon George — director, appointed 02/01/2023on trustee list
- BIJA, Cherrie Michelle — director, appointed 02/01/2023on trustee list
- AHMED, Bushra Anoud — director, appointed 01/07/2022on trustee list
- LEGG, Sarah Catherine — director, appointed 01/07/2021on trustee list
Official officers record.
Structured financials (annual return, FY ending 31/12/2025)
Cost of raising funds
£20k
Reserves (reported)
£25.8m
Reported reserves equal ~10.3 months of spending — above the median for charities its size (median 4.6 months; benchmarks).
Per its annual return, largest income source: Donations and legacies (94% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.
Per its annual return, cost of raising funds: 0.1% of total income — below the median for charities its size (3.8%) (benchmarks).
- Ajneet Jassey
- Baroness Ruth Elizabeth Hunt
- Bushra Anoud Ahmed · trustee of 1 other charity
- CHERRIE BIJA · trustee of 1 other charity
- Clara Louise Berry
- Claud Leon George Williams
- Enver Solomon
- Laura Needham
- Mark Patrick Barrow · trustee of 1 other charity
- Miles John Ravenhill
- Sarah Catherine Legg
Trustee list from the Charity Commission register (current, not historical).
Operates in: Throughout England And Wales
Income and spending
Common questions
Is LLOYDS BANK FOUNDATION FOR ENGLAND & WALES financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a deficit on unrestricted funds of £1.2 million for the year, which was funded by existing reserves. The trustees confirm that free reserves of £24.8 million remain well in excess of their stated policy target of £14.2 million, providing confidence in the charity's ability to continue operations through June 2027. Its FY2025 accounts were audited by Deloitte LLP.
Who funds LLOYDS BANK FOUNDATION FOR ENGLAND & WALES?
Funders whose own accounts filings name LLOYDS BANK FOUNDATION FOR ENGLAND & WALES as a grant recipient include TRUST FOR LONDON, THE HAPPY BABY COMMUNITY, GIVE A GIFT, THE LEGAL EDUCATION FOUNDATION, THE CENTRE FOR AFRICAN ENTREPRENEURSHIP.
Known funders
Grants to this charity found in funders’ own accounts filings.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.
Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with Lloyd's of London Foundation.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.