Finance Score: -15
Governance Score: 6
Support Score: 3
  • Pension deficit: -3
  • Accounts overdue -5
  • Multiple Deficits: -2
  • Fundraising costs high: -5
  • Dynamic board: +3
  • Gender balanced board: +3
  • Gov Income
  • Grant maker support: +3
Overall GiG Score: -6 ?

LLOYD'S REGISTER FOUNDATION 

This is a grant making charity, you can view its grants here
Lloyd's Register Foundation promotes safety and education. Most of the consolidated income is attributable to the Lloyd's Register Group, a trading group that distributes profit to the Foundation. It is received dividends and not the consolidated trading income that is available to the Foundation. The trading group is a 'Social Investment' that also furthers the Foundation's charitable aims.
Analysis by Giving is Great

Positives:

  • The charity has received Government grants
  • More than half of total income was derived from trading and fees in the latest year
  • The Board appears to be well diversified in terms of gender and dynamic in terms of composition

Financial issues to consider:

  • Liquidity appeared to be in excess of CC guidelines at the latest year end but spending has been increasing rapidly
  • There is a pension deficit of £164,356,000
  • Latest accounts are overdue for filing
  • There has been a change of accounting period recently, so trends may be hard to determine
  • On several occasions in recent years income has been less than spending
  • Fundraising costs are extremely high relative to funds raised

Financial Data ?

Income & Spending ?
N.B. data has been adjusted to reflect year end change
Sources of Income ?
Y/E Income
£k
Spending
£k
Surplus/
Deficit
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
30/06/22£996,514£599,864£396,650£0£1,163,796£871,32517.44,6540
30/06/21?£384,458£360,495£23,963£0£784,419£466,21415.55,9740
31/12/20?£1,290,104£1,334,409£-44,305£0£761,368£453,0894.16,6840
30/06/19£916,278£902,436£13,842£0£787,380£511,0246.87,1380
30/06/18£890,466£898,967£-8,501£0£784,166£519,5026.96,8290
30/06/17£908,172£915,345£-7,173£0£697,785£435,1415.77,4890
30/06/16£901,037£893,940£7,097£0£620,433£385,4835.28,1720
30/06/15£1,062,537£1,038,560£23,977£1,022,444£616,866£383,1264.48,8920
30/06/14£1,048,102£1,029,328£18,774£1,009,987£584,270£361,1194.28,9260
30/06/13£951,392£905,298£46,094£894,860£571,760£359,3134.88,1920

Financial Ratios
Fundraising Costs/Relevant Income: INF%
Fundraising Costs/Total Spending: 0.1%
Senior Staff Costs/Total Spending: 0%
Highest pay band: £350,000-£400,000
Liabilities/Assets: 20%
Liabilities/Income: 32%
Unrestricted Funds/Total Funds: 75%
Reserves/Spending: 17.4 months
Net Current Assets/Spending: 9 months
Quick Ratio: 1.8
Asset Split ?
Established: 12 years

www.lr.org

MICHELLE.DAVIES@LR.ORG

02074232783

Charity Commission for England and WalesCompanies HouseFacebookX
UN SDGs
?
Listed activities
  • Education/Training
  • The Advancement Of Health Or Saving Of Lives
GiG Classification
  • Grant-making foundations
How it operates
  • Makes Grants to Organisations
  • Provides other finance
  • Sponsors or undertakes research
Where it operates
  • Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antarctica, Antigua And Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan, Bahrain, Bangladesh, Barbados, Belarus, Belgium, Belize, Benin, Bermuda, Bhutan, Bolivia, Bosnia And Herzegovina, Botswana, Brazil, British Virgin Islands, Brunei, Bulgaria, Burkina Faso, Burundi, Cameroon, Canada, Cape Verde, Cayman Islands, Central African Republic, Chad, Chile, China, ....more
Who it helps
  • Other Charities Or Voluntary Bodies
  • The General Public/Mankind
Who works here?
  • 4,654 employees

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (7)
Current Trustees appointed
Gender Split
Based on 6/7 persons

Age Range of Trustees: 52-74
Legal constitution
  • Charitable company registered in England & Wales on 20/02/2012, number: 1145988
  • Registered at Companies House on 11/01/2012, number: 07905861
Gift Aid
  • NOT registered with HMRC for Gift Aid
Policies in force
  • Complaints handling
  • Conflicting interests
  • Investment
  • Paying staff
  • Risk management
Filing Record
10 returns made; all on time
Main office

71 FENCHURCH STREET
LONDON
EC3M 4BS

Objectives

(A) TO SECURE FOR THE BENEFIT OF THE COMMUNITY HIGH TECHNICAL STANDARDS OF DESIGN, MANUFACTURE, CONSTRUCTION, MAINTENANCE, OPERATION AND PERFORMANCE FOR THE PURPOSE OF ENHANCING THE SAFETY OF LIFE AND PROPERTY AT SEA AND ON LAND AND IN THE AIR;(B) THE ADVANCEMENT OF PUBLIC EDUCATION INCLUDING WITHIN THE TRANSPORTATION INDUSTRIES AND ANY OTHER ENGINEERING AND TECHNOLOGICAL DISCIPLINES.

Data Sources

Charity Commission for England and Wales
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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