NEW ECONOMICS FOUNDATION

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Buzzacott Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Trustees are also required to consider whether there are significant doubts about the charity's ability to continue as a going concern and to disclose whether there are any material uncertainties looking forward for at least one year from the date of signature of these financial statements. The Trustees have considered the future strategic plans of the charity and have reviewed the level of funding secured, detailed cash flow projections, and the underlying trading position of NEF Consulting. The Trustees have also considered potential downside scenarios that might reasonably arise. They are satisfied that the charity remains a going concern.”

Group structure

1. NEW ECONOMICS FOUNDATION · parent
   1. NEF Consulting Limited 1% · England · to generate funds for the charity and as a vehicle to demonstrate the many and varied practical applications of NEF's ideas.

Significant events

• “This financial year has coincided almost exactly with the first 12 months of a new UK government, marking a significant opportunity for those of us working to shape a fairer, more sustainable economy.”
• “For NEF this period has also seen us recalibrating our strategy to engage constructively with a shifting policy landscape – one that presents both fresh opportunities and renewed challenges.”
• “This year marked the first full 12 months of Danny Sriskandarajah's leadership as CEO, following his arrival the previous January.”
• “Under his guidance, and following the conclusion of our previous five-year cycle, NEF launched a new strategy in January 2025.”
• “NEF was pivotal in mitigating proposed benefit cuts for ill and disabled people. Through a combination of direct engagement with Parliamentarians, briefings, and media appearances... our analysis showing the true impact of the proposals played a crucial role in challenging the government's plans.”
• “The year saw the EU agreed a reform of the Stability and Growth Pact that allowed some flexibility for capital expenditure, but reimposed limits on overall public spending, triggering budget cuts in many member states.”
• “our Head of Economy and Environment called to give oral evidence to the Treasury Select Committee as part of its National Wealth Fund inquiry.”
• “NEF staff have been invited to sit on two Government bodies over the last year, the Department of Transport's Capital Review Panel and the Department for Energy Security & Net Zero's Fuel Poverty Strategy Working Group.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +2.4%

  £4,874,510 → £4,991,568

• Cash

  +106.6%

  £1,120,840 → £2,315,811

• Net assets

  +1.6%

  £2,687,514 → £2,729,345

• Employees

  -2.3%

  44 → 43

• Wages

  -9.3%

  £2,163,093 → £1,962,834

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers