THE EUROPEAN ACADEMY GREAT BRITAIN
Organisation of educational courses on language, literature and culture.
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a substantial deficit of £31,192, reducing unrestricted reserves from £64,084 to £32,892. The trustees attribute this to cuts in educational grants and funding, noting that major expenditure reductions were implemented to forecast a breakeven situation for the following year. The committee's reserves policy aims to build three years of operating income, but current reserves are below this target.
What the accounts disclose
“No employees received emoluments in excess of £60,000.” — page 11
“the committee plan to build up gradually 3 years of operating income to provide a stable base for its activities and ensure as far as is reasonably possible staff security.”
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2025 | £27k | £58k |
| 30/04/2024 | £57k | £55k |
| 30/04/2023 | £66k | £62k |
| 30/04/2022 | £22k | £22k |
| 30/04/2021 | £0 | £8k |
Common questions
Is THE EUROPEAN ACADEMY GREAT BRITAIN financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a substantial deficit of £31,192, reducing unrestricted reserves from £64,084 to £32,892. The trustees attribute this to cuts in educational grants and funding, noting that major expenditure reductions were implemented to forecast a breakeven situation for the following year. The committee's reserves policy aims to build three years of operating income, but current reserves are below this target. Its FY2025 accounts were independently examined.