EUROPEAN SOCIETY OF THORACIC SURGEONS

Registered charity 1172020 · accounts filings on the Charity Commission register · also known as ESTS

The charity's primary objective is the advancement of education by the study and practice of Thoracic Surgery and related medical subjects. This involves the organisation of European Board exams in Thoracic Surgery, organising annual conferences, supporting scientific publications of thoracic surgery and facilitating exchange of teachers and trainees in thoracic surgery.

Causes: Education/training · The Advancement Of Health Or Saving Of Lives · website · Get email alerts

Latest income

£1.8m

Latest spending

£1.4m

Registered

2017

Accounts read

FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity generated an operating surplus of €500,009 for the year ended 31 March 2025, with total income of €2,202,126 and total expenditure of €1,702,117. The trustees report a robust financial position, holding unrestricted reserves of €2,656,583 which significantly exceed their stated policy target of six months' charitable expenditure (€439,333). The auditor confirmed the appropriateness of the going concern basis with no material uncertainties identified.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: €100,001 - €110,000 — in the top quarter for charities its size (median £70k)

“One employee received emoluments of €80,000-€90,000 and one employee received emoluments of €100,000-€110,000” — page 32

Per its FY2025 accounts as filed with the Charity Commission.

Employees paid over £60,000: 2

“One employee received emoluments of €80,000-€90,000 and one employee received emoluments of €100,000-€110,000” — page 32

Per its FY2025 accounts as filed with the Charity Commission.

Largest income source: Registration fees (37% of income)

“The income from registration fees was €828,075 (2024: €553,888)” — page 28

Per its FY2025 accounts as filed with the Charity Commission.

Reserves policy: six months charitable expenditure (held: £3.1m)

“The trustees have reviewed the charity’s need to hold reserves and consider that it is appropriate to hold six months charitable expenditure in unrestricted reserves. Based upon the March 2025 financial statements this equates to €439,333, unrestricted funds are currently at €2,656,583.” — page 10

Per its FY2025 accounts as filed with the Charity Commission.

Trading subsidiary: ESTS Trading Company Limited

“The charity has a wholly owned, non-charitable subsidiary, ESTS Trading Company Limited. These accounts present information about the company and about the group.” — page 12

Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by PKF Francis Clark. Discloses 6 of 6 completeness components.

Year-over-year changes

Top pay band moved from €90,001 - €110,000 (FY2024) to €100,001 - €110,000 (FY2025).
Employees paid over £60,000: 1 (FY2024) → 2 (FY2025).

Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Ethicon — “ESTS is pleased to announce an institutional partnership with Ethicon for continuing medical training and education.” (source page)

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/03/2025)

Total income

£1.8m

Total spending

£1.4m

Cost of raising funds

£2k

Reserves (reported)

£2.2m

Employees

2

Reported reserves equal ~18.6 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (62% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.1% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

Dr Alessandro Bertani
Dr Amaia Ojanguren
Dr Cecilia Pompili
Dr Clemens Aigner
Dr HASAN FEVZI BATIREL
Dr John Mitchell
Dr Nuria Novoa
Dr Olivia Theisen-Lauk
Dr Pierre-Emmanuel Falcoz
Dr Raul Embun
Dr Rene Petersen
Dr SERVET BOLUKBAS · trustee of 1 other charity
Dr Xavier Benoit D'Journo

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

Operates in: Albania · Andorra · Austria · Azerbaijan · Belarus · Belgium · Bosnia And Herzegovina · Bulgaria · Croatia · Czech Republic · Denmark · Estonia

Income and spending

Financial year end	Income	Spending
31/03/2025	£1.8m	£1.4m
31/03/2024	£2.0m	£1.8m
31/03/2023	£1.8m	£1.5m
31/03/2022	£816k	£449k
31/03/2021	£528k	£462k

Common questions

Is EUROPEAN SOCIETY OF THORACIC SURGEONS financially healthy?

Per its FY2025 accounts: The accounts state that the charity generated an operating surplus of €500,009 for the year ended 31 March 2025, with total income of €2,202,126 and total expenditure of €1,702,117. The trustees report a robust financial position, holding unrestricted reserves of €2,656,583 which significantly exceed their stated policy target of six months' charitable expenditure (€439,333). The auditor confirmed the appropriateness of the going concern basis with no material uncertainties identified. Its FY2025 accounts were audited by PKF Francis Clark.

What does the highest-paid employee of EUROPEAN SOCIETY OF THORACIC SURGEONS earn?

Per its FY2025 accounts, the highest-paid employee was in the €100,001 - €110,000 band, and 2 employees earned over £60,000.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Funder	Similar charities funded	Amount to them
HEART RESEARCH UK	1	£85k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE EUROPEAN ASSOCIATION FOR CARDIO-THORACIC SURGERY.

THE EUROPEAN ASSOCIATION FOR CARDIO-THORACIC SURGERY income £6.1m
THE SOCIETY FOR CARDIOTHORACIC SURGERY IN GREAT BRITAIN AND IRELAND income £1.1m
EUROPEAN SOCIETY OF ENDOCRINOLOGY income £3.1m
ASIT EVENTS LTD income £486k
THE BRITISH THORACIC SOCIETY income £3.2m
Association of Upper Gastrointestinal Surgery of Great Britain and Ireland income £506k

Side by side with its peers

Charity	Income	Top pay band	Staff >£60k	Reserves vs policy	Fundraising cost	Going concern
EUROPEAN SOCIETY OF THORACIC SURGEONS	£1.8m	€100,001 - €110,000	2	above	—	no doubt
THE EUROPEAN ASSOCIATION FOR CARDIO-THORACIC SURGERY FY2025	£6.1m	—	—	unclear	—	no doubt
THE SOCIETY FOR CARDIOTHORACIC SURGERY IN GREAT BRITAIN AND IRELAND FY2025	£1.1m	—	0	unclear	—	no doubt
EUROPEAN SOCIETY OF ENDOCRINOLOGY FY2025	£3.1m	—	4	above	—	no doubt
ASIT EVENTS LTD FY2025	£486k	—	0	above	—	no doubt
THE BRITISH THORACIC SOCIETY FY2025	£3.2m	—	—	unclear	—	no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.