EUROPEAN ORTHODONTIC SOCIETY
Financial health, per its FY2024 accounts
The accounts state that the charity generated a net income of £287,092 for the year ended 31 December 2024, resulting in total net assets of £4,064,401. The Trustees report that free reserves of £270,428 were sufficient to meet the stated policy target of at least three months of expenditure. The going concern basis was adopted with no material uncertainties identified.
What the accounts disclose
“The aim is to build such reserves to a position where there is minimum cover of at least three months expenditure. This aim was met in the 2024 accounting period.” — page 9
“12 (2023: 6) of them were reimbursed a total of £17,002 (2023: £26,111) in respect of travelling, hotel and other expenses incurred in connection with the activities of the Society.”
“The charity owns a wholly owned subsidiary company known as EOS Trading Company Limited (registration 13198308) which was incorporated in the United Kingdom and is utilised to hold the activities of the Annual Congress and provide online services for members.” — page 23
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Dr Aman Ulhaq
- Dr DEMETRIOS HALAZONETIS
- Dr Finn Geoghegan
- Dr Lorraine Suzette Barreto
- Dr MELISSA ANJETA DISSE
- Dr Mauro Cozzani
- PROFESSOR CONCHITA MARTIN
- PROFESSOR FRASER MCDONALD
- PROFESSOR GUNDEGA JAKOBSONE
- PROFESSOR NAZAN KUCUKKELES
- PROFESSOR PIOTR FUDALEJ
- PROFESSOR STEPHANE BARTHELEMI
- PROFESSOR VASKA VANDEVSKA-RADUNOVIC
- Professor Adriano Crismani
- Professor Jasmina Primozic
- Professor Michael Martin Peter Wolf
- Professor Yijin Ren
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.6m | £1.4m |
| 31/12/2023 | £1.4m | £1.4m |
| 31/12/2022 | £1.1m | £1.0m |
| 31/12/2021 | £550k | £645k |
| 31/12/2020 | £419k | £385k |
Common questions
Is EUROPEAN ORTHODONTIC SOCIETY financially healthy?
The accounts state that the charity generated a net income of £287,092 for the year ended 31 December 2024, resulting in total net assets of £4,064,401. The Trustees report that free reserves of £270,428 were sufficient to meet the stated policy target of at least three months of expenditure. The going concern basis was adopted with no material uncertainties identified. Its FY2024 accounts were audited by Gerald Edelman LLP.