THE U.K. FRIENDS OF CENTRALESUPÉLEC
Financial health, per its FY2023 accounts
The accounts state that the charity's unrestricted reserves stood at £46,633, a significant increase from the previous year's £19,881. The trustees report adequate resources for the foreseeable future, with no material uncertainties identified regarding going concern. Total income rose sharply to £384,333, largely driven by donations, while total expenditure increased to £370,682.
What the accounts disclose
“During the year, the charity received donations from trustee Flavien Kulawik £55,000 (2022: £25,000), Olivier Wolf £5,000 (2022 :£Nil) , Christopher Wakim £500 (2022: £Nil), Marven Limited, in which Marc Vandamme, share common Trusteeship £Nil (2022: £2,000)” — page 15
“During the year, the charity paid grant to the charity in France, Fondation CentraleSupelec for £365,188 less forex charges of £25 with the net grant paid being £365,163 (2022: £Nil)” — page 15
“During the year, the charity received donations from trustee Flavien Kulawik £55,000 (2022: £25,000), Olivier Wolf £5,000 (2022 :£Nil) , Christopher Wakim £500 (2022: £Nil), Marven Limited, in which Marc Vandamme, share common Trusteeship £Nil (2022: £2,000)” — page 15
“During the year, the charity paid grant to the charity in France, Fondation CentraleSupelec for £365,188 less forex charges of £25 with the net grant paid being £365,163 (2022: £Nil)” — page 15
Trustees
- Asmaa Boutachali
- BRICE SIMAYA BENOLIEL
- EDOUARD BROCHET
- FLAVIEN KULAWIK
- Florence Natali
- Jacques Jean-Marie Gabillon
- LIMVIRAK ONG CHEA
- MARYLINE STEPHANIE JULIETTE MERTZ
- OLIVIER ANTOINE WOLF
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/11/2024 | £202k | £209k |
| 30/11/2023 | £384k | £371k |
| 30/11/2022 | £64k | £6k |
| 30/11/2021 | £40k | £101k |
| 30/11/2020 | £73k | £4k |
Common questions
Is THE U.K. FRIENDS OF CENTRALESUPÉLEC financially healthy?
The accounts state that the charity's unrestricted reserves stood at £46,633, a significant increase from the previous year's £19,881. The trustees report adequate resources for the foreseeable future, with no material uncertainties identified regarding going concern. Total income rose sharply to £384,333, largely driven by donations, while total expenditure increased to £370,682. Its FY2023 accounts were independently examined.