EUROPEAN OUTREACH TRUST
Financial health, per its FY2025 accounts
The accounts state that total unrestricted funds stood at £846,928, significantly exceeding the trustees' stated working capital requirement of £29,000. The charity reported a net income increase to £139,507 for the year ended 31 March 2025, with total net assets rising to £884,319. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The 'free' reserves are held for the following purposes:• to fund working capital requirements, which the trustees consider to be £29,000; • to provide a buffer in case of any unexpected deterioration in income or unexpected expense, for which the trustees use £150,000 which is 50% of income from the largest income source and 50% of salary costs for the highest paid employee for each of the EME Region and the European Zone, plus six months of IEC general expenditure; • to fund new opportunities for growth, for the which the trustees' target is a range from £0 to £60,000 for European activities and from £50,000 to £150,000 for international activities; and • to cover planned deficits in the near future, which the trustees expect to be £150,000 over the next five financial years.” — page 6
Trustees
- JEAN BARBARAchair
- ANDREW PETTMAN
- Antoine Laureys
- DESMOND DICK
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £479k | £339k |
| 31/03/2024 | £464k | £402k |
| 31/03/2023 | £479k | £483k |
| 31/03/2022 | £451k | £365k |
| 31/03/2021 | £447k | £399k |
Common questions
Is EUROPEAN OUTREACH TRUST financially healthy?
The accounts state that total unrestricted funds stood at £846,928, significantly exceeding the trustees' stated working capital requirement of £29,000. The charity reported a net income increase to £139,507 for the year ended 31 March 2025, with total net assets rising to £884,319. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.