THE EUROPEAN ASSOCIATION FOR CARDIO-THORACIC SURGERY
To advance education in the field of Cardio-Thoracic Surgery. To promote for public benefit research into Thoracic Physiology, Pathology and Therapy and to correlate and disseminate the useful results thereof
Financial health, per its FY2025 accounts
The accounts state that the charity generated a modest operating surplus of €205,040 for the year ended 31 March 2025, with total income of €7,268,962. Per the trustees' report, free reserves of €7,440,672 are considered sufficient to meet future commitments and are in line with the stated reserves policy. The trustees confirmed that the charity has sufficient resources to meet its liabilities as they fall due, with no material uncertainties related to going concern.
What the accounts disclose
“During the prior financial year, the company engaged in a transaction with Resusitec, a company where the Founder is also a Trustee. The transaction involved a sales invoice for booth sales and one for cancellation fee amounting to €34,512.” — page 48
“During the year ended 31 March 2025, EACTS reimbursed the employing trust of the Secretary General for his time, amounting to € 45,000 (2024– € 46,865).” — page 43
“During the prior financial year, the company engaged in a transaction with Resusitec, a company where the Founder is also a Trustee. The transaction involved a sales invoice for booth sales and one for cancellation fee amounting to €34,512.” — page 48
“During the year ended 31 March 2025, EACTS reimbursed the employing trust of the Secretary General for his time, amounting to € 45,000 (2024– € 46,865).” — page 43
In the news
Corporate structure
- Registered company of the charity Companies House 07401765
Company officers (Companies House)
- QUINTANA, Eduard, Dr on trustee list
- BORGER, Michael, Professor Dr on trustee list
- FÄRBER, Gloria, Professor not on trustee list
- GALLETTI, Lorenzo, Associate Professor on trustee list
- ZANCANARO, Edoardo Rizzieri, Dr on trustee list
- VIDA, Vladimiro, Professor Dr on trustee list
- BOSTANCI, Korkut, Professor on trustee list
- GAUDINO, Mario, Dr on trustee list
- LITLE, Virginia, Dr on trustee list
- SCHOENHOFF, Florian Sebastian, Professor on trustee list
- BAVARIA, Joseph, Dr on trustee list
- MYERS, Patrick, Dr on trustee list
- SADABA, Rafael on trustee list
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (15/04/2011)
Trustees
- Associate Professor Lorenzo Galletti
- Dr Edoardo Rizzieri Zancanaro
- Dr Eduard Quintana
- Dr Florian Schoenhoff
- Dr Joseph Bavaria
- Dr Patrick Myers
- Dr Rafael Sadaba
- Dr Vladimiro Vida
- Dr Volkmar Falk
- Korkut Bostanci
- Mario Gaudino
- Professor Dr Michael Borger
- Professor Gloria Farber
- Virginia Litle
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £6.1m | £5.8m |
| 31/03/2024 | £6.0m | £5.7m |
| 31/03/2023 | £5.1m | £5.8m |
| 31/03/2022 | £4.1m | £4.4m |
| 31/03/2021 | £2.8m | £3.3m |
Common questions
Is THE EUROPEAN ASSOCIATION FOR CARDIO-THORACIC SURGERY financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a modest operating surplus of €205,040 for the year ended 31 March 2025, with total income of €7,268,962. Per the trustees' report, free reserves of €7,440,672 are considered sufficient to meet future commitments and are in line with the stated reserves policy. The trustees confirmed that the charity has sufficient resources to meet its liabilities as they fall due, with no material uncertainties related to going concern. Its FY2025 accounts were audited by Buzzacott Audit LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| HEART RESEARCH UK | 2 | £145k |
| BRITISH HEART FOUNDATION | 1 | £1.7m |
Charities like this
- EUROPEAN SOCIETY OF THORACIC SURGEONS
- THE SOCIETY FOR CARDIOTHORACIC SURGERY IN GREAT BRITAIN AND IRELAND
- The Society for Cardiac Science and Technology LTD
- THE BRITISH CARDIOVASCULAR SOCIETY
- THE SOCIETY OF CLINICAL PERFUSION SCIENTISTS OF GREAT BRITAIN AND IRELAND
- BRITISH THORACIC ONCOLOGY GROUP
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE EUROPEAN ASSOCIATION FOR CARDIO-THORACIC SURGERY | £6.1m | — | — | unclear | — | no doubt |
| EUROPEAN SOCIETY OF THORACIC SURGEONS | £1.8m | €100,001 - €110,000 | 2 | above | — | no doubt |
| THE SOCIETY FOR CARDIOTHORACIC SURGERY IN GREAT BRITAIN AND IRELAND | £1.1m | — | 0 | unclear | — | no doubt |
| The Society for Cardiac Science and Technology LTD | £193k | — | 0 | above | — | no doubt |
| THE BRITISH CARDIOVASCULAR SOCIETY | £3.4m | — | — | unclear | — | no doubt |
| THE SOCIETY OF CLINICAL PERFUSION SCIENTISTS OF GREAT BRITAIN AND IRELAND | £283k | — | 0 | below | — | no doubt |