EUROPEAN LEADERSHIP NETWORK
Financial health, per its FY2025 accounts
The accounts state that the charity ended the period with a net deficit of £248,846 and holds no free reserves, falling below its stated policy target of three months' operational costs (approximately £300,000). The trustees attribute this to the charity's recent registration and reliance on restricted grant funding, noting that future fundraising strategies aim to diversify income and build unrestricted reserves.
What the accounts disclose
“The Trustees and the SMT also recognise that the ELN currently holds no free reserves.” — page 14
“Although the charity is operating on a deficit, the trustees have a reasonable expectation that the charitable company has adequate resources to continue in operational existence for the foreseeable future.” — page 13
“During the period grants totalling £223,561 were received from a charitable organisation with a common trustee.” — page 38
Structured financials (annual return, FY ending 28/02/2025)
Trustees
- Lord Desmond Henry BROWNEchair
- Baroness Catherine Margaret Ashton
- Dr Karin von Hippel
- Pierre VIMONT
- Shatabhisha Sharat SHETTY
- Sir Graham Stacey
- Stefano STEFANINI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £1.3m | £1.1m |
Common questions
Is EUROPEAN LEADERSHIP NETWORK financially healthy?
The accounts state that the charity ended the period with a net deficit of £248,846 and holds no free reserves, falling below its stated policy target of three months' operational costs (approximately £300,000). The trustees attribute this to the charity's recent registration and reliance on restricted grant funding, noting that future fundraising strategies aim to diversify income and build unrestricted reserves. Its FY2025 accounts were audited by Griffin Stone Moscrop & Co.
Who funds EUROPEAN LEADERSHIP NETWORK?
Funders whose own accounts filings name EUROPEAN LEADERSHIP NETWORK as a grant recipient include THE JOSEPH ROWNTREE CHARITABLE TRUST.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE JOSEPH ROWNTREE CHARITABLE TRUST | FY2021 | £110k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| FRIENDS OF WIZNITZ LIMITED | 1 | £335k |
| SF FOUNDATION | 1 | £209k |
| GILMOOR BENEVOLENT FUND LIMITED | 1 | £154k |
| CMZ LTD | 1 | £137k |
| NES FOUNDATION LTD | 1 | £112k |
| MERCAZ TORAH VECHESED LIMITED | 1 | £104k |
| TAGMARSH CHARITY LIMITED | 1 | £75k |
| CHAIM BECHESED | 1 | £50k |