EUROPE TRUST
SUPPORTING COMMUNITY BASED ORGANISATIONS
Financial health, per its FY2024 accounts
The accounts state that total funds increased to £9,445,388, with net current assets of £772,416. The charity maintains sufficient liquid reserves to meet day-to-day running costs, although unrestricted funds are held in a single general fund. The trustees report that the charity generated sufficient incoming resources to make donations in kind estimated at £180,000.
What the accounts disclose
“The charity maintains sufficient liquid reserves to meet the day to day running costs of the charity.” — page 4
“Remuneration of £27,000 (2023 - £27,000) was paid to Key Management Personel.” — page 24
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Abdul Jabbar
- Dr ALI ABU SHWAIMA
- Dr FOUAD ALAOUI BOUARRAQUI
- Dr Nooh Al-Kaddo
- Mohamed Ibrahim
- Sabri Shiref
- Shihab Al-Mahdawi
- Tahir Aydarus
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.4m | £969k |
| 31/12/2023 | £1.4m | £1.6m |
| 31/12/2022 | £1.0m | £671k |
| 31/12/2021 | £839k | £498k |
| 31/12/2020 | £591k | £696k |
Common questions
Is EUROPE TRUST financially healthy?
Per its FY2024 accounts: The accounts state that total funds increased to £9,445,388, with net current assets of £772,416. The charity maintains sufficient liquid reserves to meet day-to-day running costs, although unrestricted funds are held in a single general fund. The trustees report that the charity generated sufficient incoming resources to make donations in kind estimated at £180,000. Its FY2024 accounts were audited by TC Group.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE VASEPPI TRUST | 1 | £134k |
| JOHN SWIRE 1989 CHARITABLE TRUST | 1 | £51k |
| NORWICH CONSOLIDATED CHARITIES | 1 | £25k |
| THE STEVEN BLOCH IMAGE OF DISABILITY CHARITABLE TRUST | 1 | £13k |
| EDUCATIONAL FOUNDATION OF ALDERMAN JOHN NORMAN | 1 | £13k |
| Norwich Freemen's Charity | 1 | £10k |
| THE STRANGWARD TRUST | 1 | £10k |
| THE WO STREET CHARITABLE FOUNDATION | 1 | £4k |
Charities like this
- EURO CHARITY TRUST
- EUROPEAN NATURE TRUST
- Parkinson's Europe
- UNITED PENTECOSTAL CHURCH IN EUROPE TRUST
- EUROPEAN ORTHODONTIC SOCIETY
- INTRA COMMUNITY TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| EUROPE TRUST | £1.4m | — | 0 | above | — | no doubt |
| EURO CHARITY TRUST | £3.2m | — | 0 | above | — | no doubt |
| EUROPEAN NATURE TRUST | £209k | £60,000 or more | 1 | unclear | — | no doubt |
| Parkinson's Europe | £592k | — | — | above | — | no doubt |
| UNITED PENTECOSTAL CHURCH IN EUROPE TRUST | £330k | — | 0 | unclear | — | no doubt |
| EUROPEAN ORTHODONTIC SOCIETY | £1.6m | — | 0 | above | — | no doubt |