NAVEUROPE
Financial health, per its FY2024 accounts
The accounts state that the charity reported total net assets of €156,303, with free reserves of €153,193, which the trustees note are maintained at a level equal to at least six months of operating expenses. The filing confirms that there are no material uncertainties regarding the charity's ability to continue as a going concern, citing stable donations and strong reserves.
What the accounts disclose
“Reserves are maintained at a level equal to at least six months of operating expenses, with a target value of between six and twelve months of operating expenses (currently €91,907 to €183,814 based on the budget for 2024-25).”
“Donations including gift aid recovered of €5,838 (2023:€6,588) were received from trustees. No donations were received from key management personnel and other related parties (2023: €nil). There were no other related party transactions during the year.” — page 15
Trustees
- Professor FRANK CLEMENS SCHLICHTENBREDEchair
- DANIEL LACO
- Dr Christian Brenner
- Elise Sandblost Angen
- Elizabeth Ann Yearsley
- Hannah Rachel Jaeschke
- ING CEES HORDIJK
- Magnus Axel Halling
- Marianne Malmstrom Iversen
- Nicolas Guerineau
- SIMON NEVILLE WROE
- Sijtze Brandsma
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £183k | £180k |
| 31/08/2024 | £141k | £137k |
| 31/08/2023 | £167k | £178k |
| 31/08/2022 | £168k | £201k |
| 31/08/2021 | £106k | £55k |
Common questions
Is NAVEUROPE financially healthy?
The accounts state that the charity reported total net assets of €156,303, with free reserves of €153,193, which the trustees note are maintained at a level equal to at least six months of operating expenses. The filing confirms that there are no material uncertainties regarding the charity's ability to continue as a going concern, citing stable donations and strong reserves. Its FY2024 accounts were independently examined.