ESCP EUROPE - BUSINESS SCHOOL
Financial health, per its FY2024 accounts
The accounts state that the charity reported a consolidated loss of £0.4m for the year ended 31 December 2024, resulting in unrestricted reserves of £0.2m. Per the trustees' report, the charity relies on a letter of financial support from its parent entity and ongoing financing to maintain going concern status, noting that it had net current liabilities of £2.6m at year-end.
What the accounts disclose
“The Charity wholly owns ESCP Europe Corporate Services Limited, the objects of which are to carry on business as providers of executive education and training.” — page 10
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- LORD DAVID GOLDchair
- Cecile ANDRE LERUSTE
- Damien Savary
- Hobilalaina BUVAT
- Joelle Lellouche
- Julia CLARKE
- Leon Laulusa
- Nathalie PIERRE
- Nicolas Motelay
- Thomas Jeanjean
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £17.1m | £17.4m |
| 31/12/2023 | £14.5m | £11.7m |
| 31/12/2022 | £11.8m | £13.5m |
| 31/12/2021 | £12.6m | £14.4m |
| 31/12/2020 | £11.4m | £10.3m |
Common questions
Is ESCP EUROPE - BUSINESS SCHOOL financially healthy?
The accounts state that the charity reported a consolidated loss of £0.4m for the year ended 31 December 2024, resulting in unrestricted reserves of £0.2m. Per the trustees' report, the charity relies on a letter of financial support from its parent entity and ongoing financing to maintain going concern status, noting that it had net current liabilities of £2.6m at year-end. Its FY2024 accounts were audited by PricewaterhouseCoopers LLP.