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EUROPEAN COLLEGE OF BUSINESS AND MANAGEMENT

Registered charity 1042523 · accounts filings on the Charity Commission register · also known as BRITISH-GERMAN SCHOOL FOR VOCATIONAL TRAINING, EUROPEAN VOCATIONAL COLLEGE

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Latest income
£1.1m
Latest spending
£1.5m
Registered
1994
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity recorded a deficit of £205,836 for the year ended 31 August 2023, resulting in total unrestricted reserves of £1,177,069. Per the trustees' report, the charity remains in a solvent and viable position due to its healthy reserves and cash balance, despite higher costs due to inflation and external rent. The trustees aim to rebuild reserves in the medium term and are considering disposing of property to ensure the charity remains a going concern.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy
“Currently, and going forward, the general aim of the Charity will be to rebuild its reserves in the medium term when it is in a position to do so.”
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Lubbock Fine LLP. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/08/2025)

Total income
£1.1m
Total spending
£1.5m
Reserves (reported)
£3.3m
Employees
15

Reported reserves equal ~26.9 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Germany · Throughout London

Income and spending

Financial year endIncomeSpending
31/08/2025£1.1m£1.5m
31/08/2024£971k£1.3m
31/08/2023£1.3m£1.5m
31/08/2022£818k£1.1m
31/08/2021£938k£1.1m

Common questions

Is EUROPEAN COLLEGE OF BUSINESS AND MANAGEMENT financially healthy?

The accounts state that the charity recorded a deficit of £205,836 for the year ended 31 August 2023, resulting in total unrestricted reserves of £1,177,069. Per the trustees' report, the charity remains in a solvent and viable position due to its healthy reserves and cash balance, despite higher costs due to inflation and external rent. The trustees aim to rebuild reserves in the medium term and are considering disposing of property to ensure the charity remains a going concern. Its FY2023 accounts were audited by Lubbock Fine LLP.