THE CENTRE FOR ECONOMIC POLICY RESEARCH
Latest income
£7.5m
Latest spending
£7.4m
Registered
1983
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that the charity held unrestricted reserves of £1,457,068, which exceeds the trustees' stated policy target of approximately £750,000. The trustees confirmed that the charity can meet its liabilities as they fall due for at least 12 months, with no material uncertainties identified regarding its ability to continue as a going concern.
What the accounts disclose
Reserves policy: approximately £750,000 (held: £1.5m)
“Based on the above, the Trustees believe that, at the balance sheet date, the Charity needed to hold approximately £750,000 in reserves to meet the stated obligations.” — page 11
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Trustees of CEPR UK are also Trustees of the French Association. At the end of the financial year, 30 September 2023, CEPR London had a net debtor balance with CEPR France of £83,551 (2022: £188,163). All transactions were on an arm’s length basis.
“At the end of the financial year, 30 September 2023, CEPR London had a net debtor balance with CEPR France of £83,551 (2022: £188,163). All transactions were on an arm’s length basis.” — page 33
“The amount reported above for 2023 relates to Swiss employer social costs and for 2022 to director’s fees.” — page 40
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Beatrice Weder di Mauro, President & Director. Expenditure: 2023 £18,677 (Swiss employer social costs); 2022 £41,918 (director's fees).
“At the end of the financial year, 30 September 2023, CEPR London had a net debtor balance with CEPR France of £83,551 (2022: £188,163). All transactions were on an arm’s length basis.” — page 33
“The amount reported above for 2023 relates to Swiss employer social costs and for 2022 to director’s fees.” — page 40
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Lucrezia Reichlin, Trustee. Expenditure: 2022 £8,442 (academic prize).
“At the end of the financial year, 30 September 2023, CEPR London had a net debtor balance with CEPR France of £83,551 (2022: £188,163). All transactions were on an arm’s length basis.” — page 33
“The amount reported above for 2023 relates to Swiss employer social costs and for 2022 to director’s fees.” — page 40
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Anthony Venables, Trustee. Expenditure: 2022 £2,533 (fees for the RPN leader role).
“At the end of the financial year, 30 September 2023, CEPR London had a net debtor balance with CEPR France of £83,551 (2022: £188,163). All transactions were on an arm’s length basis.” — page 33
“The amount reported above for 2023 relates to Swiss employer social costs and for 2022 to director’s fees.” — page 40
Per its FY2023 accounts as filed with the Charity Commission.
Trading subsidiary: CEPR France
“The subsidiary is used for charitable activities in Europe. For 2023 and 2022, all activities have been consolidated on a line by line basis in the statement of financial activities.” — page 40
Per its FY2023 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 30/09/2025)
Total income
£7.5m
Total spending
£7.4m
Cost of raising funds
£3k
Reserves (reported)
£1.2m
Employees
19
Trustees
- PROF SIR CHARLES RICHARD BEANchair
- Andrew David Woosey
- BRONWYN NANETTE CURTIS
- Benoit Coeure
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £7.5m | £7.4m |
| 30/09/2024 | £8.2m | £8.7m |
| 30/09/2023 | £7.6m | £7.0m |
| 30/09/2022 | £6.6m | £6.2m |
| 30/09/2021 | £4.8m | £4.3m |
Common questions
Is THE CENTRE FOR ECONOMIC POLICY RESEARCH financially healthy?
The accounts state that the charity held unrestricted reserves of £1,457,068, which exceeds the trustees' stated policy target of approximately £750,000. The trustees confirmed that the charity can meet its liabilities as they fall due for at least 12 months, with no material uncertainties identified regarding its ability to continue as a going concern. Its FY2023 accounts were audited by PKF Littlejohn LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| KHODORKOVSKY FOUNDATION | 1 | £9.9m |
| Founders Pledge Ltd | 1 | £1.1m |
| THE HEALTH FOUNDATION | 1 | £150k |
| EFFECTIVE VENTURES FOUNDATION | 1 | £136k |
| THE NUFFIELD FOUNDATION | 1 | £66k |