THE NEEDHAM RESEARCH INSTITUTE
Building on the late Dr Joseph Needham's foundation, the Institute facilitates, promotes and develops academic research, publication and teaching in the fields of the history of science, medicine and technology in East Asia.
Objects
THE PROMOTION OF THE STUDY AND GENERAL KNOWLEDGE OF THE HISTORY OF SCIENCE AND TECHNOLOGY OF THE COUNTRIES OF EASTERN ASIA. TO MAINTAIN THE NEEDHAM LIBRARY.
Financial health, per its FY2025 accounts
The accounts state that total net assets increased to £18,097,779 from £17,652,156 in the prior year, driven by investment gains and income. The charity maintains unrestricted reserves of £4,049,665 and holds a provision of £24,309 for pension deficit recovery plan contributions. The auditors confirmed that the financial statements give a true and fair view and that there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The total number of employees whose total salaries exceeded £60,000 is as follows: 2025 £80,000 ~ £90,000 1” — page 20
“The total number of employees whose total salaries exceeded £60,000 is as follows: 2025 £80,000 ~ £90,000 1” — page 20
“The Trustees have considered that the most appropriate policy is to maintain all surplus funds split between investments held with Cazenove Capital and also a level of balances held as cash at bank sufficient to maintain the day to day costs of running and servicing the Institute.” — page 6
“The Institute has a potential liability relating to the employees who are in the ‘Universities Superannuation Scheme’. Note 16 and 22 to the accounts set out the basis of a provision that has been made of £24,309 (2024: £28,101).” — page 6
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 30/09/2025
- Employees paid over £60,000: 1 (£80,001–£90,000: 1)
Self-declared on the annual return for the financial year ending 30/09/2024
- Employees paid over £60,000: 1 (£80,001–£90,000: 1)
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 30/09/2023
- Volunteers: 3
- Employees paid over £60,000: 1 (£70,001–£80,000: 1)
- Grant-making is its main activity
Structured financials (annual return, FY ending 30/09/2025)
Trustees
- PROFESSOR MARTIN KENNETH JONES PHDchair
- Andrew Seaton
- Dr Charles Harpum QC Hon LLD
- Dr Yan HE
- ELIZABETH ANN WRIGHT
- Katie Lee
- Professor Mary Augusta Brazelton
- Professor Roel Sterckx
- Professor Ying Jin
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £583k | £723k |
| 30/09/2024 | £633k | £730k |
| 30/09/2023 | £666k | £712k |
| 30/09/2022 | £551k | £628k |
| 30/09/2021 | £801k | £515k |
Common questions
Is THE NEEDHAM RESEARCH INSTITUTE financially healthy?
Per its FY2025 accounts: The accounts state that total net assets increased to £18,097,779 from £17,652,156 in the prior year, driven by investment gains and income. The charity maintains unrestricted reserves of £4,049,665 and holds a provision of £24,309 for pension deficit recovery plan contributions. The auditors confirmed that the financial statements give a true and fair view and that there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Prentis & Co LLP.
What does the highest-paid employee of THE NEEDHAM RESEARCH INSTITUTE earn?
Per its FY2025 accounts, the highest-paid employee was in the £80,001 - £90,000 band, and 1 employees earned over £60,000.
Who funds THE NEEDHAM RESEARCH INSTITUTE?
Funders whose own accounts filings name THE NEEDHAM RESEARCH INSTITUTE as a grant recipient include THE SINO-BRITISH FELLOWSHIP TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE SINO-BRITISH FELLOWSHIP TRUST | FY2021 | £88k | Grants to Chinese academics for study visits to Great Britain – object (b) |
| THE SINO-BRITISH FELLOWSHIP TRUST | FY2025 | £76k | Grants to Chinese academics for study visits to Great Britain – object (b) |
| THE SINO-BRITISH FELLOWSHIP TRUST | FY2024 | £18k | Grants to Chinese academics for study visits to Great Britain – object (b) |
| THE SINO-BRITISH FELLOWSHIP TRUST | FY2021 | £16k | Grants to British academics for study visits to China – object (a) |
| THE SINO-BRITISH FELLOWSHIP TRUST | FY2025 | £2k | Grants to British academics for study visits to China – object (a) |
| THE SINO-BRITISH FELLOWSHIP TRUST | FY2024 | £2k | Grants to British academics for study visits to China – object (a) |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE NUFFIELD FOUNDATION | 1 | £1.0m |
| JOHN INNES FOUNDATION | 1 | £731k |
| Bird Song Trust | 1 | £203k |
| BOLTON COMMUNITY AND VOLUNTARY SERVICES | 1 | £13k |
| THE BATCHWORTH TRUST | 1 | £5k |
| THE TANLAW FOUNDATION | 1 | £3k |
| THE MCBAIN FAMILY FOUNDATION | 1 | £2k |
| THE ASTOR FOUNDATION | 1 | £2k |
Charities like this
- EARLHAM INSTITUTE
- THE NATIONAL INSTITUTE OF ECONOMIC AND SOCIAL RESEARCH
- THE NORTH STAFFORDSHIRE MEDICAL INSTITUTE LIMITED
- MEDICAL RESEARCH FOUNDATION
- THE SHI'AH INSTITUTE
- Saeed Institute
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE NEEDHAM RESEARCH INSTITUTE | £583k | £80,001 - £90,000 | 1 | unclear | — | no doubt |
| EARLHAM INSTITUTE | £14.1m | — | — | above | — | no doubt |
| THE NATIONAL INSTITUTE OF ECONOMIC AND SOCIAL RESEARCH | £3.3m | — | — | below | — | no doubt |
| THE NORTH STAFFORDSHIRE MEDICAL INSTITUTE LIMITED | £474k | — | 0 | within | — | no doubt |
| MEDICAL RESEARCH FOUNDATION | £3.7m | — | — | unclear | — | no doubt |
| THE SHI'AH INSTITUTE | £30k | — | 0 | below | — | no doubt |