THE ADAM SMITH RESEARCH TRUST
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves increased to £263,854, up from £93,981 in the prior year, following a net income of £169,873. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. The charity's policy is to maintain unrestricted reserves at a level which meets its needs, without a specific quantitative target disclosed.
What the accounts disclose
“It is the policy of the Trust to maintain unrestricted reserves at a level which meets its needs.” — page 4
Trustees
- James Anthony David Lawsonchair
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £447k | £277k |
| 30/09/2024 | £288k | £324k |
| 30/09/2023 | £408k | £309k |
| 30/09/2022 | £180k | £261k |
| 30/09/2021 | £223k | £318k |
Common questions
Is THE ADAM SMITH RESEARCH TRUST financially healthy?
The accounts state that unrestricted reserves increased to £263,854, up from £93,981 in the prior year, following a net income of £169,873. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. The charity's policy is to maintain unrestricted reserves at a level which meets its needs, without a specific quantitative target disclosed. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| MAYFAIR CHARITIES LIMITED | 1 | £21k |