THE SMITH FOUNDATION

Registered charity 529132 · accounts filings on the Charity Commission register

To promote the education and general welfare of children with special educational needs.Provision of a special school within the meaning of the Education Acts.

Objects

(A) TO PROMOTE THE EDUCATION OF CHILDREN WHO HAVE SPECIAL EDUCATIONAL NEEDS, AND IN PARTICULAR BUT IN NO WAY LIMITING THE GENERALITY OF THE FOREGOING BY THE PROVISION OF A SPECIAL SCHOOL WITHIN THE MEANING OF THE EDUCATION ACTS;(B) TO PROMOTE THE GENERAL WELFARE OF CHILDREN AND YOUNG PERSONS REQUIRING ASSISTANCE WHO HAVE OR HAVE HAD SPECIAL EDUCATIONAL NEEDS, WITH PREFERENCE FOR PUPILS AND FORMER PUPILS OF THE SCHOOL OF THE CHARITY

Area of benefit: BRIGHOUSE AND THE NEIGHBOURHOOD

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
£13.4m
Latest spending
£11.8m
Registered
1974
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net income of £1,634,196 for the year ended 31 March 2025, resulting in total unrestricted reserves of £9,768,205. The trustees maintain a reserves policy target of 50% of annual running costs, and the current unrestricted reserves significantly exceed this threshold. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.

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

What the accounts disclose

Highest-paid employee band: £100,001 - £110,000 — below the median for charities its size (£130k)
“£100,001 to £110,000 2” — page 23
Per its FY2025 accounts as filed with the Charity Commission.
Employees paid over £60,000: 9
“Employees with emoluments falling within the following bands: £60,001 to £70,000 2 £70,001 to £80,000 2 £80,001 to £90,000 3 £90,001 to £100,000 - £100,001 to £110,000 2” — page 23
Per its FY2025 accounts as filed with the Charity Commission.
Largest income source: Charitable activities
“Fees: Standard 9,410,445” — page 18
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: 50% of annual running costs (held: £9.8m)
“The level of capital investment required in the 5-year strategic plan continues to be balanced against the need to maintain cash reserves at 50% of annual running costs.” — page 7
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Property consultancy services
“During the financial year The Smith Foundation was invoiced £1,542 (2024: £13,068) by PSK Building Surveyors Limited for property consultancy. R Tilbrook was a trustee of The Smith Foundation and a director and shareholder of PSK Building Surveyors Limited during the year. A balance of £Nil (2024: £1,800) was due to PSK Building Surveyors Limited at the year end.” — page 22
“During the financial year The Smith Foundation was invoiced £35,375 (2024: £30,266) by Cuffe and Lacey Associates Limited for RI duties at Boothroyd House. M Cuffe is a trustee of the Smith Foundation and a director and shareholder of Cuffe and Lacey Associates Limited. A balance of £2,647 (2024: £2,131) was due to Cuffe and Lacey Associates Limited at the year end.” — page 22
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Risk Inspection duties
“During the financial year The Smith Foundation was invoiced £1,542 (2024: £13,068) by PSK Building Surveyors Limited for property consultancy. R Tilbrook was a trustee of The Smith Foundation and a director and shareholder of PSK Building Surveyors Limited during the year. A balance of £Nil (2024: £1,800) was due to PSK Building Surveyors Limited at the year end.” — page 22
“During the financial year The Smith Foundation was invoiced £35,375 (2024: £30,266) by Cuffe and Lacey Associates Limited for RI duties at Boothroyd House. M Cuffe is a trustee of the Smith Foundation and a director and shareholder of Cuffe and Lacey Associates Limited. A balance of £2,647 (2024: £2,131) was due to Cuffe and Lacey Associates Limited at the year end.” — page 22
Per its FY2025 accounts as filed with the Charity Commission.
Pension scheme deficit: £1.2m
“The Funds Actuary carried out an exit valuation as at 31 March 2024 and determined the amount required to exit the scheme as at 31 March 2024 to be £1,200,000. This amount was paid in full on 19 July 2024.” — page 25
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Shenward LLP. Discloses 6 of 6 completeness components.

In its annual return the charity told the Commission it is also regulated by: Ofsted (Office For Standards In Education). This is the charity’s own declaration; it is not a rating and has not been verified by the Commission or by this site.

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.

What the charity says about itself (2024-2025)

From its own voluntary annual review / impact report — the charity’s account of its work, distinct from the statutory accounts analysed above.

Specific numbers for therapeutic support are provided in the 'Health & Therapies' section.
“OUR THERAPIES TEAM PROVIDED SUPPORT TO 41 FAMILIES AND HELD 66 GROUP SESSIONS”
Careers activity metrics are found in the '2024-2025 Highlights' section.
“OUR CAREERS TEAM DESIGNED AND DELIVERED 50+ EVENTS INVOLVING OVER 20 DIFFERENT EMPLOYERS”

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook

Structured financials (annual return, FY ending 31/03/2025)

Total income
£13.4m
Total spending
£11.8m
Cost of raising funds
£14k
Reserves (reported)
£3.6m
Employees
229

Reported reserves equal ~3.6 months of spending — below the median for charities its size (median 4.6 months; benchmarks).

Per its annual return, largest income source: Charitable activities (100% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.1% of total income — below the median for charities its size (3.8%) (benchmarks).

Trustees · trustee networks

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

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
31/03/2025£13.4m£11.8m
31/03/2024£11.1m£10.2m
31/03/2023£9.7m£9.0m
31/03/2022£8.3m£7.5m
31/03/2021£7.0m£6.1m

Common questions

Is THE SMITH FOUNDATION financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net income of £1,634,196 for the year ended 31 March 2025, resulting in total unrestricted reserves of £9,768,205. The trustees maintain a reserves policy target of 50% of annual running costs, and the current unrestricted reserves significantly exceed this threshold. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Shenward LLP.

What does the highest-paid employee of THE SMITH FOUNDATION earn?

Per its FY2025 accounts, the highest-paid employee was in the £100,001 - £110,000 band, and 9 employees earned over £60,000.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
BONAMY CHARITABLE TRUST1£7k
THE FAVERSHAM MUNICIPAL CHARITIES 20101£2k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE LESLIE SMITH FOUNDATION.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE SMITH FOUNDATION£13.4m£100,001 - £110,0009above—no doubt
THE LESLIE SMITH FOUNDATION FY2025£104k—0unclear—no doubt
THE MARTIN SMITH FOUNDATION FY2024£1.3m—0above—no doubt
THE WILBUR AND NISO SMITH FOUNDATION FY2024£160k—0unclear—no doubt
SMS FOUNDATION FY2025£229k—0above—no doubt
CHRISTINA SMITH FOUNDATION FY2025£250k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.