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THE SMITH FOUNDATION

Registered charity 529132 · accounts filings on the Charity Commission register

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Latest income
£13.4m
Latest spending
£11.8m
Registered
1974
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that total net assets increased to £9,264,327 (2022: £7,545,215), driven by a significant actuarial gain on the defined benefit pension scheme liability. The charity maintains unrestricted reserves of £8,155,096, which significantly exceed its stated policy target of maintaining reserves at 50% of running costs. The trustees and auditors confirm the charity is a going concern with adequate resources to continue operations.

What the accounts disclose

Reserves policy: 50% of running costs (held: £8.2m)
“The level of capital investment required in the 5-year strategic plan continues to be balanced against the need to maintain reserves at 50% of running costs.” — page 7
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Firth Parish. Discloses 4 of 6 completeness components.

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.

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).

Trustees

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?

The accounts state that total net assets increased to £9,264,327 (2022: £7,545,215), driven by a significant actuarial gain on the defined benefit pension scheme liability. The charity maintains unrestricted reserves of £8,155,096, which significantly exceed its stated policy target of maintaining reserves at 50% of running costs. The trustees and auditors confirm the charity is a going concern with adequate resources to continue operations. Its FY2023 accounts were audited by Firth Parish.