THE SOCIAL MARKET FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that the charity ended the year in a surplus with net incoming resources of £85,616, resulting in total unrestricted funds rising to £438,475. The trustees confirm the charity is in good financial health and has adequate resources to continue as a going concern. Free reserves of £323,022 are held above the stated policy target of at least £100,000.
What the accounts disclose
“The Foundation aims for a reserve fund of 12 to 24 weeks' core running costs to be held in unrestricted funds which amounts to at least £100,000.” — page 7
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Dr Wendy Ann Thomsonchair
- Baroness Rosalind Mary Grender
- Caroline Fiona Jessica Escott
- DR Timothy Paul Bale
- Gregory David Clark
- Jessica Redmond-Withey Asato
- Melville Francisco Rodrigues
- Thomas John Ebbutt
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.1m | £1.0m |
| 31/03/2024 | £951k | £961k |
| 31/03/2023 | £1.1m | £978k |
| 31/03/2022 | £858k | £822k |
| 31/03/2021 | £697k | £689k |
Common questions
Is THE SOCIAL MARKET FOUNDATION financially healthy?
The accounts state that the charity ended the year in a surplus with net incoming resources of £85,616, resulting in total unrestricted funds rising to £438,475. The trustees confirm the charity is in good financial health and has adequate resources to continue as a going concern. Free reserves of £323,022 are held above the stated policy target of at least £100,000. Its FY2025 accounts were audited by Burgess Hodgson Audit Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE WESTMINSTER FOUNDATION | 1 | £200k |
| NFL FOUNDATION UK | 1 | £12k |