LLOYDS BANK FOUNDATION FOR ENGLAND & WALES
Get an alert when LLOYDS BANK FOUNDATION FOR ENGLAND & WALES files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
—
Latest balance sheet
Net assets
—
Equity attributable
Employees
53
+6% highest in 3 filed years
Profit before tax
£1.1m
-74.1% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
4 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
3-year trend · vs Health Care median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Total income | £17,872,000 | £27,756,000 | £29,595,000 | +6.6% | |
| Operating profit | — | £2,993,000 | -£560,000 | -118.7% | |
| Profit before tax | — | £4,205,000 | £1,090,000 | -74.1% | |
| Net profit | -£3,738,000 | £4,205,000 | £1,090,000 | -74.1% | |
| Cash | £4,651,000 | £1,625,000 | — | — | |
| Total assets less current liabilities | £27,835,000 | £31,959,000 | — | — | |
| Net assets | £21,147,000 | £25,352,000 | — | — | |
| Equity | £21,147,000 | £25,352,000 | — | — | |
| Average employees | 50 | 50 | 53 | +6% | |
| Wages | £2,357,000 | £2,527,000 | £2,754,000 | +9% | |
| Directors' remuneration | — | £0 | £0 | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | — | 10.8% | -1.9% | |
| Net margin | -20.9% | 15.1% | 3.7% | |
| Return on capital employed | — | 9.4% | — | |
| Gearing (liabilities / total assets) | 43.5% | 41.8% | — | |
| Current ratio | 2.36x | 2.38x | — | |
| Interest cover | — | — | -28.00x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 3 times since incorporation
- LLOYDS BANK FOUNDATION FOR ENGLAND & WALES 2014-01-02 → present
- LLOYDS TSB FOUNDATION FOR ENGLAND AND WALES 1997-01-01 → 2014-01-02
- TSB FOUNDATION FOR ENGLAND AND WALES 1996-10-22 → 1997-01-01
- TSB FOUNDATION FOR ENGLAND AND WALES 1985-12-13 → 1996-10-22
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Trustees have adopted the going concern basis of accounting in preparing the financial statements having assessed the principal risks relating to the Foundation's income. The Foundation receives virtually all its income under a covenant with Lloyds Banking Group Plc which requires nine years' notice to be given prior to termination and which contains provision for a minimum annual payment of £14.4m. The covenant income for the full year is received early in the financial year prior to the signing of the financial statements. The Foundation holds a level of reserves to enable its activities to continue for more than one year from the balance sheet date in the event that no further funding was received. Accordingly, the Foundation expects to continue to have access to sufficient liquid resources to meet its obligations for a period of at least 12 months after the approval of these financial statements, namely the period to June 2027.”
Significant events
- “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.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
11 active · 79 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| AHMED, Bushra Anoud | Director | 2022-07-01 | Jun 1961 | British |
| BARROW, Mark Patrick | Director | 2026-02-02 | Sep 1965 | British |
| BERRY, Clara Louise | Director | 2026-02-02 | Nov 1974 | British |
| BIJA, Cherrie Michelle | Director | 2023-01-02 | Mar 1972 | Welsh |
| HUNT, Ruth Elizabeth, Baroness | Director | 2026-02-02 | Mar 1980 | British |
| JASSEY, Ajneet Kaur | Director | 2024-01-01 | Oct 1972 | British |
| LEGG, Sarah Catherine | Director | 2021-07-01 | Sep 1967 | British |
| NEEDHAM, Laura | Director | 2024-01-01 | Jan 1977 | British |
| RAVENHILL, Miles John | Director | 2025-05-01 | Feb 1968 | British |
| SOLOMON, Enver | Director | 2025-10-01 | Dec 1969 | British |
| WILLIAMS, Claud Leon George | Director | 2023-01-02 | Feb 1990 | British |
Show 79 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BOUGHTON, Jocelyn Moira | Secretary | 2007-07-12 | 2008-12-17 |
| BURKE, Cedric Charles | Secretary | 2006-09-25 | 2007-12-12 |
| MUSKETT, Christine Joy | Secretary | — | 2006-06-20 |
| READ, Timothy George | Secretary | 2006-06-20 | 2006-09-25 |
| ALLEN, Peter Dobson | Director | 1992-08-28 | 1997-09-25 |
| ANDREW, Victoria Leathley | Director | 2003-05-01 | 2007-06-12 |
| ARMSTRONG, Hilary Jane | Director | 2014-02-01 | 2020-01-31 |
| BENSON, Rachel | Director | 1997-05-01 | 2003-04-30 |
| BIBBY, Janet Christine | Director | 2008-01-01 | 2013-12-31 |
| BOOTH, Clive, Sir | Director | 2011-01-01 | 2016-12-31 |
| BOYD, Robert David Hugh, Prof Sir | Director | 2003-11-13 | 2009-07-01 |
| BROADFOOT, Patricia Mary, Professor | Director | 2011-05-01 | 2018-11-30 |
| BURTON, Virginia Esther | Director | 1999-01-01 | 2004-12-31 |
| CARR, Jacqueline Beverley | Director | 1997-01-01 | 2002-03-31 |
| CAVENDISH, Gerald, His Grace The Duke Of Westminster | Director | — | 1997-12-04 |
| CHEETHAM, Catharine Lucy | Director | 2016-10-01 | 2023-12-31 |
| CHILVERS, Clair Evelyn Druce, Professor | Director | 2005-01-01 | 2010-12-31 |
| CLIFF, Philip Charles John William | Director | 2015-07-01 | 2017-06-30 |
| COOKE, Sarah Jane | Director | 2006-01-01 | 2009-07-01 |
| COOPER, Pavita | Director | 2009-04-01 | 2013-06-27 |
| CURNO, Ann | Director | 2002-07-01 | 2008-07-01 |
| DEVEY, Robert Alan | Director | 2009-07-01 | 2015-06-30 |
| DIAMOND, Ian David, Sir | Director | 2009-07-01 | 2015-06-30 |
| DOUGLAS, John Robert Tomkys | Director | — | 1993-05-26 |
| EDWARDS, Helen | Director | 2012-12-01 | 2018-11-30 |
| ELBOURNE, John Kenneth | Director | 1992-10-01 | 1993-08-26 |
| ELLWOOD, Peter | Director | — | 1992-09-30 |
| EMEJULU, Akwugo, Professor | Director | 2018-12-01 | 2021-11-30 |
| EVISON, Irene Julia | Director | 2004-04-01 | 2009-10-08 |
| FAIRBAIRN, Carolyn Julie | Director | 2014-01-01 | 2015-10-31 |
| FAIREY, Mike | Director | 2008-07-01 | 2010-04-16 |
| FARMER, Paul David Charles | Director | 2014-02-01 | 2020-01-31 |
| FITZROY, Edward Anthony Charles, Lord | Director | — | 1998-08-26 |
| FOSTER, Joanna Katharine | Director | — | 2003-11-12 |
| FRITCHIE, Irene Tordoff, Baroness | Director | 2015-07-01 | 2022-06-30 |
| GARVEY, James Richard | Director | 2016-01-12 | 2016-01-12 |
| GARVEY, James Richard | Director | 2015-12-01 | 2018-07-02 |
| GRANT, Philip Robert | Director | 2010-09-21 | 2015-12-31 |
| HARRIS, Joanna Kate | Director | 2017-01-01 | 2023-12-31 |
| HINTON, David Anthony | Director | — | 1996-12-31 |
| HOLBOROW, Mary Christina, Lady | Director | — | 1996-12-31 |
| HOLT, James Peter Rees | Director | — | 1999-10-30 |
| HUGHES, John James | Director | 2005-01-01 | 2010-12-31 |
| KEHOE, Catherine | Director | 2013-06-27 | 2016-06-26 |
| KENRICK, Christine | Director | 1993-05-27 | 2002-05-27 |
| KING-LEWIS, Lesley Alison | Director | 2017-01-01 | 2019-12-31 |
| KNIGHT, Darren John | Director | 2020-02-03 | 2026-02-02 |
| LANE, Pauleen Alice, Dr | Director | 1999-01-01 | 2004-12-31 |
| LEAMAN, Alan John | Director | 2008-01-01 | 2013-12-31 |
| LEITCH, Alexander Park, Lord | Director | 2011-01-01 | 2013-12-31 |
| LIMB, Ann Geraldine, Dame | Director | 2022-07-01 | 2026-03-03 |
| LINAKER, Lawrence Edward | Director | 1995-03-23 | 2001-03-23 |
| MALLICK, Kamran | Director | 2020-02-03 | 2026-02-02 |
| MILLICHAP, Kenneth Andrews | Director | — | 1992-07-21 |
| MORGAN, Gillian Margaret, Dame | Director | 2017-01-01 | 2022-12-31 |
| NAEEM, Mohammad | Director | 2010-09-21 | 2016-09-20 |
| OAKLEY, Gareth David | Director | 2018-12-01 | 2023-12-31 |
| OPPERMAN, Jayne Maria | Director | 2024-01-01 | 2024-06-30 |
| PARKER, Anne Mary | Director | 2005-01-01 | 2010-12-31 |
| PENNY, John Anthony | Director | 1998-01-01 | 2004-12-31 |
| PHILLIPS, Howard George | Director | 1998-09-01 | 2004-09-30 |
| PLATT, Denise, Dame | Director | 2011-01-01 | 2016-12-31 |
| PRIOR, Jane Primrose Gifford, Lady | Director | — | 1995-03-23 |
| QUINN, Linda Diane | Director | 1998-04-01 | 2004-03-31 |
| RAIMES, Jane Mary | Director | 2005-01-01 | 2008-12-31 |
| REA, Edward | Director | — | 1992-07-21 |
| ROBERTS, Gareth Lloyd | Director | 2002-06-01 | 2008-05-31 |
| ROBERTSON, John Windeler | Director | — | 1998-12-31 |
| SHAW, Rebecca Katharine | Director | 2018-12-01 | 2024-11-30 |
| SINGH, Karamjit | Director | 2001-04-01 | 2007-05-13 |
| SMITH, John Richard Lloyd | Director | 2006-01-01 | 2008-12-31 |
| STEVENSON, Rosemary | Director | 2008-07-01 | 2011-11-15 |
| STEWART, Murray, Professor | Director | 1997-02-01 | 2005-12-31 |
| SUTHERLAND, Ruth Elizabeth | Director | 2020-02-03 | 2026-02-02 |
| THOMPSON, Hubert William Eccles | Director | 1992-11-26 | 1998-12-31 |
| WEBB, Colin Thomas | Director | 2000-01-01 | 2005-12-31 |
| WELLER, Sara | Director | 2018-02-01 | 2021-05-20 |
| WOOD, Roger David | Director | 1993-08-26 | 1996-12-31 |
| WOODING, Neil Rhys, Dr | Director | 2017-01-01 | 2022-12-31 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 323 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-10 | AA | accounts | Accounts with accounts type full | |
| 2026-03-04 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-04 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-02 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-02 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-02 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-02 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-02 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-03 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-17 | AA | accounts | Accounts with accounts type full | |
| 2025-05-02 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-04 | CH01 | officers | Change person director company with change date | |
| 2025-01-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-03 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-11 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-04 | AA | accounts | Accounts with accounts type full | |
| 2024-02-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-05 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-03 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 11
- Capital events
- 0
- Officers appointed
- 4
- Officers resigned
- 4
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.