ENGLISH- SPEAKING UNION OF THE COMMONWEALTH
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves of £55,133,373 are held, which the trustees confirm is sufficient to meet their policy requirement of covering six months of forward operating expenditure. The charity reports a net movement in funds of £245,111 for the year, driven by investment gains and revaluation of fixed assets, while operating expenditure decreased by five percent compared to the prior year.
What the accounts disclose
“The Board’s Reserves Policy is to maintain net free reserves (currently held as cash and near cash investments) sufficient to cover overheads for at least six months.”
“There are separate Boards for the two trading subsidiaries: ESU Trading Ltd and ESU Dartmouth House Ltd.” — page 10
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Claire Wright
- David Hatchett
- Francesca King
- Laurence Mutkin
- Miles Young
- Nicholas Archer
- Professor Jane Setter
- Rebecca Preen
- Simon Kearey
- Stephen Purcell
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.6m | £3.2m |
| 31/03/2024 | £2.8m | £3.3m |
| 31/03/2023 | £2.5m | £2.0m |
| 31/03/2022 | £2.3m | £1.4m |
| 31/03/2021 | £2.1m | £2.3m |
Common questions
Is ENGLISH- SPEAKING UNION OF THE COMMONWEALTH financially healthy?
The accounts state that unrestricted reserves of £55,133,373 are held, which the trustees confirm is sufficient to meet their policy requirement of covering six months of forward operating expenditure. The charity reports a net movement in funds of £245,111 for the year, driven by investment gains and revaluation of fixed assets, while operating expenditure decreased by five percent compared to the prior year. Its FY2025 accounts were audited by WR Partners.