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EUROPEAN SOCIETY OF CATARACT AND REFRACTIVE SURGEONS LIMITED

Registered charity 1066532 · accounts filings on the Charity Commission register · also known as ESCRS, ESCRS LIMITED

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Latest income
£19.2m
Latest spending
£16.5m
Registered
1997
Accounts read
FY2024

Financial health, per its FY2024 accounts

Per the auditor's report, the financial statements were subject to an independent audit which identified significant risks related to the completeness of income recognition and potential management override of controls. The auditor confirmed that their work was limited to providing an opinion to the members and did not assume responsibility to other parties. The document does not disclose specific financial health metrics such as reserves or surplus/deficit figures.

What the accounts disclose

Governance: The document details specific audit risks regarding irregularities, fraud, and management override of controls, but does not explicitly state that a serious incident report was filed, internal control failures were admitted, or that the regulator engaged in enforcement action. It mentions reviewing regulatory correspondence, but does not disclose the content of any such engagement or findings.
“We identified the greatest risk of material impact on the financial statements from irregularities, including fraud, to be within the completeness of recognition of Independent Medical Education income, congress income from exhibition and sponsorship and the override of controls by management.” — page 19
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Crowe U.K. LLP. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£19.2m
Total spending
£16.5m
Cost of raising funds
£88k
Reserves (reported)
£18.7m
Employees
2

Reported reserves equal ~13.6 months of spending — in the top quarter for charities its size (median 4.6 months; benchmarks).

Trustees

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

Operates in: Algeria · Argentina · Aruba · Australia · Austria · Azerbaijan · Belarus · Belgium · Bosnia And Herzegovina · Brazil · Bulgaria · Canada

Income and spending

Financial year endIncomeSpending
31/12/2024£19.2m£16.5m
31/12/2023£16.1m£16.0m
31/12/2022£11.6m£11.7m
31/12/2021£6.7m£9.0m
31/12/2020£4.3m£8.5m

Common questions

Is EUROPEAN SOCIETY OF CATARACT AND REFRACTIVE SURGEONS LIMITED financially healthy?

Per the auditor's report, the financial statements were subject to an independent audit which identified significant risks related to the completeness of income recognition and potential management override of controls. The auditor confirmed that their work was limited to providing an opinion to the members and did not assume responsibility to other parties. The document does not disclose specific financial health metrics such as reserves or surplus/deficit figures. Its FY2024 accounts were audited by Crowe U.K. LLP.