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EUROPEAN SOCIETY OF THORACIC SURGEONS

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

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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.

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.
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.

Funders the charity credits

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

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).

Trustees

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 endIncomeSpending
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?

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.