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Policy Exchange Limited

Also known as: Policy Exchange

Policy Exchange is one of the UK's leading market-oriented think tanks and exists to develop and promote new policy ideas. It works in partnership with prominent academics and other experts to conduct major studies and events on a wide range of topical issues including education, economy, environment, crime & justice, security, governance, technology, social and ethnic minority issues.

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Activities & Mission

Policy Exchange is one of the UK's leading market-oriented think tanks and exists to develop and promote new policy ideas. It works in partnership with prominent academics and other experts to conduct major studies and events on a wide range of topical issues including education, economy, environment, crime & justice, security, governance, technology, social and ethnic minority issues.

Areas of Operation

Where this charity is registered to operate, as self-declared to the Charity Commission. These are regulatory classifications, not a list of active programmes, and don't necessarily indicate fundraising activity in each location.

Financial Information

Latest Income
£3,939,392
Latest Expenditure
£3,821,492

Financial Efficiency

Program Ratio 90.2%
% of income going directly to charitable activities
Overall Efficiency 93.0%
% of expenditure going to programs (vs overhead)
Administrative Ratio 7.7%
Overhead (fundraising + governance) as % of total expenditure

Latest Financial Breakdown

Income Sources

Donations & Legacies £3,852,865
Charitable Activities £35,000
Other Trading £6,667
Investments £43,950
Other Income £910

Expenditure Categories

Charitable Expenditure £3,552,750
Raising Funds £268,742
Governance £27,362
Grants to Institutions £0
Other Expenditure £0

Financial Trend

Annual Returns

As filed with the Charity Commission for England and Wales. Most recent filing covers the financial year ending 2025.

Financial YearIncomeExpenditureCharitable SpendingNet AssetsReservesStaff
2025
£3,939,392
£3,821,492£3,552,750£3,027,448£2,662,35921 / 0
2024
£4,316,531
£3,962,168£3,742,518£2,909,548£2,389,07225 / 0
2023
£4,021,337
£3,835,193£3,572,725£2,555,185£2,284,46727 / 0
2022
£3,951,594
£3,717,046£3,503,955£2,369,041£1,921,82924 / 0
2021
£3,396,554
£3,189,868£3,003,933£2,134,493£1,364,74224 / 0

Staff column shows: Employees / Volunteers

Frequently asked questions about Policy Exchange Limited

What does Policy Exchange Limited do?

Policy Exchange is one of the UK's leading market-oriented think tanks and exists to develop and promote new policy ideas. It works in partnership with prominent academics and other experts to conduct major studies and events on a wide range of topical issues including education, economy, environment, crime & justice, security, governance, technology, social and ethnic minority issues.

How much income did Policy Exchange Limited report in 2025?

Policy Exchange Limited reported total income of £3.94m and reported expenditure of £3.82m for the financial year ending 2025, based on the most recent annual return filed with the Charity Commission.

When was Policy Exchange Limited registered as a charity?

Policy Exchange Limited was registered with the Charity Commission for England and Wales on 3 March 2003 as charity number 1096300. It has been registered for 23 years.

Who runs Policy Exchange Limited?

Policy Exchange Limited is governed by a board of 12 trustees. The chair of trustees is THE HON ALEXANDER DOWNER AC. Trustees are legally responsible for the charity's governance and are listed in full on its profile.

Where does Policy Exchange Limited operate?

Policy Exchange Limited operates in England And Wales, as recorded in its Charity Commission filing.

Is Policy Exchange Limited a registered charity?

Yes — Policy Exchange Limited is a registered charity in England and Wales, charity number 1096300.

Details

Address
POLICY EXCHANGE
3RD FLOOR
1 OLD QUEEN STREET
LONDON
SW1H 9JA
Registration Date
3 March 2003
Status
Registered

Registry Information

Organisation Number
3993017
Charity Number
1096300

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Trustees

THE HON ALEXANDER DOWNER AC Chair
DAME PATRICIA HODGSON
DANIEL POSEN
LORD ANDREW ROBERTS OF BELGRAVIA
Also governs 3 other charities
LORD FELDMAN OF ELSTREE
LORD KARAN BILIMORIA
Also governs 3 other charities
LORD SIMON WOLFSON OF ASPLEY GUISE
Ommasalma Shah
Professor Greta Jones
SIR DAVID HARDING
SIR DAVID ORD
WILLIAM SALOMON

Also Known As

  • Policy Exchange

Data & trust

Register data refreshed
30 July 2026
Report a data issue