THE CAMBRIDGE POLITICAL ECONOMY SOCIETY TRUST

Registered charity 291310 · accounts filings on the Charity Commission register · also known as CPEST

Educate the public inpolitical economy

Objects

(A) TO ADVANCE THE EDUCATION OF THE PUBLIC IN POLITICAL ECONOMY AND RELATED MATTERS. (B) TO PROMOTE RESEARCH INTO MATTERS PERTAINING TO POLITICAL EMONOMY AND TO PUBLISH THE USEFUL RESULTS OF SUCH RESEARCH.

Area of benefit: NOT DEFINED

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · website · Get email alerts

Latest income

£97k

Latest spending

£208k

Registered

1985

Accounts read

FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves fell from £829,145 to £718,154 due to expenditure exceeding net income by £110,991. The trustees note that while reserves remain above their stated policy target range of £400,000 to £600,000, the charity has been in breach of this policy for a long time. The trustees are of the opinion that assets are available to fulfil the charity's obligations.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Fundraising cost ratio: 110991.0% of fundraised income, as disclosed

“The Trust has long been in breach of its policy to maintain reserves in the range of £400,000 to £600,000 over the medium term. The situation has however improved this year, partly as a result of a decline of the income the Trust received from the CPES and partly as a result of planned increases in various expenditures over the year. Expenditure exceeded net income by £110,991 and reserves fell from £829,145 at the end of the 2024 financial year to £718,154 by the end of 2025.” — page 4

Per its FY2025 accounts as filed with the Charity Commission.

Reserves policy: £400,000 to £600,000 (held: £718k)

“The Trust has long been in breach of its policy to maintain reserves in the range of £400,000 to £600,000 over the medium term.” — page 4

Per its FY2025 accounts as filed with the Charity Commission.

Related-party transaction: Note 12

“Amounts owed by related parties 121,945 140,340” — page 11

Per its FY2025 accounts as filed with the Charity Commission.

Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Conflicting interests
Financial reserves policy and procedures
Internal risk management policy and procedures
Investing charity funds policy and procedures
Trustee conflicts of interest policy and procedures

Trustees · trustee networks

Dr PHILIP Bernard FAULKNERchair
Dr Alan Matthew Shipman
Dr Jochen Runde
Dr Michael John Ellman
Dr Patricia Maria Gray
Dr Tony Lawson

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

Operates in: Throughout England And Wales

Income and spending

Financial year end	Income	Spending
31/12/2025	£97k	£208k
31/12/2024	£148k	£264k
31/12/2023	£182k	£176k
31/12/2022	£168k	£173k
31/12/2021	£215k	£106k

Common questions

Is THE CAMBRIDGE POLITICAL ECONOMY SOCIETY TRUST financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted reserves fell from £829,145 to £718,154 due to expenditure exceeding net income by £110,991. The trustees note that while reserves remain above their stated policy target range of £400,000 to £600,000, the charity has been in breach of this policy for a long time. The trustees are of the opinion that assets are available to fulfil the charity's obligations.