THE ADAM SMITH RESEARCH TRUST
Economic and social research and education
Objects
THE ADVANCEMENT OF LEARNING AND OF PUBLIC EDUCATION BY RESEARCH INTO APPLIED ECONOMICS, POLITICAL SCIENCE AND PHILOSOPHY, PUBLIC AND POLICY OPTIONS AND THE POLICYMAKING PROCESS; THE PUBLISHING AND ADVANCEMENT OF THE PUBLICATION OF THE USEFUL RESULTS OF SUCH RESEARCH AND IN PARTICULAR BUT WITHOUT PREJUDICE TO THE GENERALITY OF THE FOREGOING:- (A) BY PROVIDING FINANCIAL SUPPORT TO INDIVIDUALS IN INSTITUTIONS OF HIGHER EDUCATION AND ELSEWHERE WHO ARE ENGAGED IN RESEARCH INTO APPLIED ECONOMICS, POLITICAL SCIENCE AND PHILOSOPHY, PUBLIC POLICY OPTIONS AND POLICYMAKING PROCESS; (B) BY ADVANCING RESEARCH INTO AND KNOWLEDGE AND UNDERSTANDING OF THE INTERRELATIONSHIPS BETWEEN MORAL, ECONOMIC, PHILISOPHICAL AND INSTITUTIONAL FACTORS AND THE FORMULATION, PRINCIPLES, AND EFFECTS OF POLICY OPTIONS; (C) BY ADVANCING KNOWLEDGE AND UNDERSTANDING OF PUBLIC POLICIES AND ECONOMIC, PHILISOPHICAL AND INSTITUTIONAL FACTORS IN THE UK AND ELSEWHERE; (D) BY JOINING WITH, COLLABORATING WITH, AND SUPPORTING OTHER CHARITABLE BODIES ENGAGED IN SIMILAR OR COMPATIBLE ACTIVITIES.
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
“Donations and legacies 446,841”
“It is the policy of the Trust to maintain unrestricted reserves at a level which meets its needs.” — page 4
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
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 30/09/2025
- Volunteers: 8
Self-declared on the annual return for the financial year ending 30/09/2024
- Volunteers: 10
Self-declared on the annual return for the financial year ending 30/09/2023
- Volunteers: 9
Annual return filing dates (Charity Commission record)
Of its last 5 annual returns with a recorded received date, 2 were received after the due date: year ending 30/09/2025 (received 04/08/2026, 5 days after the 30/07/2026 due date); year ending 30/09/2023 (received 06/09/2024, 38 days after the 30/07/2024 due date).
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?
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. Its FY2025 accounts were independently examined.
Who funds THE ADAM SMITH RESEARCH TRUST?
Funders whose own accounts filings name THE ADAM SMITH RESEARCH TRUST as a grant recipient include MOYNITRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| MOYNITRUST | FY2025 | £5k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SIR JOSEPH WILLIAMSON'S CHARITABLE TRUST | 1 | £183k |
| RICHARD WATTS AND THE CITY OF ROCHESTER ALMSHOUSE CHARITIES | 1 | £200 |
Charities like this
- AMBERGATE CHARITABLE TRUST
- THE SUSAN AND STEPHEN JAMES CHARITABLE SETTLEMENT
- H M SASSOON CHARITABLE TRUST
- ASSOCIATION FOR RESEARCH ON BANKING AND THE ECONOMY
- SIR JOSEPH WILLIAMSON'S CHARITABLE TRUST
- THE ANDREW CLARK TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE ADAM SMITH RESEARCH TRUST | £447k | — | 0 | unclear | — | no doubt |
| AMBERGATE CHARITABLE TRUST | £41k | — | 0 | unclear | — | no doubt |
| THE SUSAN AND STEPHEN JAMES CHARITABLE SETTLEMENT | £377 | — | 0 | unclear | — | no doubt |
| H M SASSOON CHARITABLE TRUST | £124k | — | 0 | unclear | — | no doubt |
| ASSOCIATION FOR RESEARCH ON BANKING AND THE ECONOMY | £53k | — | 0 | unclear | — | no doubt |
| SIR JOSEPH WILLIAMSON'S CHARITABLE TRUST | £187k | — | 0 | unclear | — | no doubt |