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

Latest income
£29.6m
Latest spending
£30.2m
Registered
1986
Accounts read
FY2025

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

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).

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.

Official officers record.

Structured financials (annual return, FY ending 31/12/2025)

Total income
£29.6m
Total spending
£30.2m
Cost of raising funds
£20k
Reserves (reported)
£25.8m
Employees
53

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).

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2025£29.6m£30.2m
31/12/2024£27.8m£24.8m
31/12/2023£19.2m£24.2m
31/12/2022£16.5m£19.9m
31/12/2021£19.4m£19.9m

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.

FunderYearAmountPurpose (as stated by the funder)
TRUST FOR LONDONFY2025£1.0mRacial Justice Fund commitment
THE HAPPY BABY COMMUNITYFY2023£52k
THE HAPPY BABY COMMUNITYFY2022£52k
GIVE A GIFTFY2022£30kGrants Breakdown
THE LEGAL EDUCATION FOUNDATIONFY2024£10kCo-funding a research project looking at the distinct characteristics and value of by and for organisations. The research aims to increase understanding about t
THE CENTRE FOR AFRICAN ENTREPRENEURSHIPFY2024£3kCore activities

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Community Fund16/09/2025£2.3mGHS Investing in the power of civil society
Sport England04/05/2021£15kLloyds Bank Foundation / Ratio Learning Network
UK government28/09/2020£5.0mCMC - Lloyds Bank Foundation
City Bridge Foundation18/09/2020£50kGrant to Lloyds Bank Foundation
The National Lottery Community Fund27/03/2019£191kIntegrated Diagnostic Project
City Bridge Foundation20/12/2018£50kGrant to Lloyds Bank Foundation
The National Lottery Community Fund22/03/2017£500kLBF and BLF Match Funding Collaboration

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

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
LLOYDS BANK FOUNDATION FOR ENGLAND & WALES£29.6m——above—no doubt
Lloyd's of London Foundation FY2024£1.5m—0above—no doubt
LLOYDS BANK FOUNDATION FOR THE CHANNEL ISLANDS FY2023£1.3m——unclear—no doubt
BEDFORDSHIRE AND LUTON COMMUNITY FOUNDATION FY2025£5.3mOver £60,0001unclear5.3%no doubt
THE LANCASHIRE FOUNDATION FY2024£956k—0above—no doubt
LCI MD 105 FOUNDATION FY2025£126k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.