REGISTERED COMPANY NUMBER: 01546040 (England and Wales)

REGISTERED CHARITY NUMBER: 282198

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 30 April 2025

for

European Academy Great Britain(The)

Limited by Guarantee

Page

Committee Annual Report

1

to

3

Report of the Trustees

4

Independent Examiner's Report

5

Statement of Financial Activities

6

Balance Sheet

7

Notes to the Financial Statements

8

to

11

EUROPEAN ACADEMY GREAT BRITAIN (EAGB)

Committee Annual Report

For the year ended 30 April 2025

History, objectives and activities of EAGB

The European Academy Great Britain was established on 17 February 1981 as an educational charity to increase knowledge of educational subjects of European interest. The Committee currently focuses on young people between 13 -19 years of age. The EAGB collaborates with a wide range of schools and works closely with their teachers in developing educational courses.

Management and governance arrangements

The memorandum and articles provide for a minimum of 3 members of the committee. Were there a requirement for new members of the committee, these would be identified and appointed by the remaining members of the committee. New members of the committee are briefed on their responsibilities, the governing document, administrative procedures, the history and philosophical approach of the charity. A new member of the committee would receive copies of the previous year's report and accounts and a copy of the Charity Commission leaflet "The Essential Trustee: What You Need to Know".

The committee annually review the risks that the charity faces. To date these have included minor areas of risk relating to employing staff which have been covered by proper procedures and insurance. It has also considered risks relating to terrorism which could cause cancellations and aims to systematically build up a reserve of three years operating income to cover fluctuations in student registrations.

Achievements and performance

The European Academy Great Britain managed to continue its educational commitment following the recent Coronavirus Covid 19 pandemic, by providing support to 65 students and teachers from Sweden and Finland. Two of our regular schools had their courses supported by the Erasmus.

School support was this year Finland 74.2% and Sweden 25.8%

Tibble Gymnasium, Tibble

(29.09 - 3.10.24)

33 students and 3 teachers returned from this Swedish school from Taby, 10 miles north of central Stockholm. This is the school's ninth trip since 2016. The programme included a tour and workshop at Sky Studios, where students worked for a morning in media - they wrote, produced, enacted and filmed themselves reporting on their chosen topic, Our Wellbeing.

Continuing with creativity, the students spent a day on the South Bank, participating in a Backstage tour of the National Theatre, a visit to the Tate Modern and then a visit to the Leake Street Arches Graffiti Tunnel at Waterloo. Very much appreciating the informal rich street art, they also participated in a Street Art private tour arranged for them with London Walks.

In addition, the school visited the National Army Museum in Chelsea, and participated in a sobering one hour workshop "World at War - Soldiers of the Empire". Finally, as in previous years, students immersed themselves in the multicultural area of Southall in Ealing, undertaking a guided visit of a sikh temple and tasting freshly cooked complementary vegetarian curries, rice and chapatis.

Suomalaisen Yhteiskoulun Saaio (SYK), Helsinki

(27/10 - 01.11.24)

This Finnish school returned for the eighth time with 27 Religious Education and English students and 2 teachers. The week commenced with a morning of Shakespeare including a workshop (Romeo and Juliet), followed by a River Thames walk and South Bank experience, and visit to the British Museum. They also spent an afternoon exploring all corners of London independently whilst participating in a London Scavenger Hunt, enabling them to navigate around the city and identify places of interest.

Places of worship visited included St Paul's Cathedral, St Bartholomew the Great and the Less, where they had guided tours. Temple visits included a Sikh Gurdwara, a tour of BAPS Shri Swaminarayan Mandir Hindu temple, a central London Buddhist temple, London Fo Guang Shan, and a local West Ealing Hindu Tamil temple. At each temple, the students received a warm welcome, a guided tour and food and hospitality; they were immersed in their differing rich cultures, all of which were new experiences for them compared to life in Finland.

The final evening was spent at the Prince of Wales Theatre where the teachers decided to take their students once again to the controversial musical The Book of Mormon.

As usual, students followed a format of beginning their studies with a preparatory session to help them work out how to carry out their educational projects, and finished with an evaluation session. All students were hosted by local families in the Ealing area.

Financial review, investment policy and reserves

The committee have set a policy to ensure that any surplus funds earn maximum interest to maximise the total return with a minimum of risk.

Since the income of the EAGB can fluctuate based on school registrations, 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.

However, the year under review resulted in a substantial excess of expenditure over income due to cuts in educational grants and funding. This was covered by our reserves. A review of the Academy's finances subsequently took place resulting in major reductions in expenditure. As a result a breakeven situation is forecast for the year 2025-2026. On this reduced basis the future of the educational courses should be secure.

The adequacy of the reserves policy is reviewed annually.

Public Benefit

Students exchanged experiences with local schools. A social issues programme was organised for the students. They volunteered at a local centre where those who are homeless in the area can find food, warm clothing and a sense of community. The centre estimates that in excess of 1000 individuals access their services on various days of the week. They come from a range of ethnic backgrounds that include Black African and Caribbean, Asian Chinese and White Europeans. The aim was to raise awareness of the need to provide a caring and safe environment for the poor, socially marginalised and those who suffer from isolation or are in any kind of need.

Future plans

The committee intend to continue organising the wide range of schools courses it already undertakes.

Statement of Committee Members' responsibilities

Charity law requires the members of the committee to prepare financial statements for each financial year which show a true and fair view of the state of affairs of the charity and its financial activities for that period. In preparing those financial statements, the committee members are required to:

Select suitable accounting policies and then apply them consistently;

Make judgements and estimates that are reasonable and prudent;

State whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements; and

Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operational existence.

The committee members are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 1993. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Independent Examiner

The committee intend to ask the existing accountant to undertake the independent examination of the charity in the following year.

Signed on behalf of the trustees

Mrs I Alsbury

Trustee

Date: 24th November 2025

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 April 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

01546040 (England and Wales)

Registered Charity number

282198

Registered office

12 Nassau Road

London

SW13 9QE

Trustees

Mrs I Alsbury

A Loader

Mrs C C Racadio

Company Secretary

A Loader

Independent Examiner

.

J R G Auber FCA

2 Castle Business Village

Station Road

Hampton

Middlesex

TW12 2BX

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 24 November 2025 and signed on its behalf by:

Mrs I Alsbury - Trustee

Independent examiner's report to the trustees of European Academy Great Britain(The) Limited by Guarantee ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 April 2025.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1.	accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

2.	the accounts do not accord with those records; or

3.	the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

4.

the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

.

J R G Auber FCA

2 Castle Business Village

Station Road

Hampton

Middlesex

TW12 2BX

1 December 2025

30.4.25

30.4.24

Unrestricted

Total

fund

funds

Notes

£

£

INCOME AND ENDOWMENTS FROM

Charitable activities

Educational courses

26,686

56,744

EXPENDITURE ON

Charitable activities

Support costs

39,115

41,667

Student Accommodation & Travel

13,593

7,487

Tickets

5,170

6,046

Total

57,878

55,200

NET INCOME/(EXPENDITURE)

(31,192

)

1,544

RECONCILIATION OF FUNDS

Total funds brought forward

64,084

62,540

TOTAL FUNDS CARRIED FORWARD

32,892

64,084

30.4.25

30.4.24

Unrestricted

Total

fund

funds

Notes

£

£

CURRENT ASSETS

Cash at bank and in hand

50,754

68,549

CREDITORS

Amounts falling due within one year

5

(17,862

)

(4,465

)

NET CURRENT ASSETS

32,892

64,084

TOTAL ASSETS LESS CURRENT LIABILITIES

32,892

64,084

NET ASSETS

32,892

64,084

FUNDS

6

Unrestricted funds

32,892

64,084

TOTAL FUNDS

32,892

64,084

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a)	ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 24 November 2025 and were signed on its behalf by:

I Alsbury - Trustee

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the scheme are charged to the Statement of Financial Activities in the period to which they relate.

2.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30 April 2025 nor for the year ended 30 April 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 30 April 2025 nor for the year ended 30 April 2024.

3.	STAFF COSTS

The average monthly number of employees during the year was as follows:

30.4.25

30.4.24

Administration

1

1

No employees received emoluments in excess of £60,000.

4.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

fund

£

INCOME AND ENDOWMENTS FROM

Charitable activities

Educational courses

56,744

EXPENDITURE ON

Charitable activities

Support costs

41,667

Student Accommodation & Travel

7,487

Tickets

6,046

Total

55,200

NET INCOME

1,544

RECONCILIATION OF FUNDS

Total funds brought forward

62,540

TOTAL FUNDS CARRIED FORWARD

64,084

5.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Other creditors

2,100

4,465

Accruals and deferred income

15,762

-

17,862

4,465

6.	MOVEMENT IN FUNDS

Net

movement

At

At 1.5.24

in funds

30.4.25

£

£

£

Unrestricted funds

General fund

64,084

(31,192

)

32,892

TOTAL FUNDS

64,084

(31,192

)

32,892

Net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

26,686

(57,878

)

(31,192

)

TOTAL FUNDS

26,686

(57,878

)

(31,192

)

Comparatives for movement in funds

Net

movement

At

At 1.5.23

in funds

30.4.24

£

£

£

Unrestricted funds

General fund

62,540

1,544

64,084

TOTAL FUNDS

62,540

1,544

64,084

Comparative net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

56,744

(55,200

)

1,544

TOTAL FUNDS

56,744

(55,200

)

1,544

A current year 12 months and prior year 12 months combined position is as follows:

Net

movement

At

At 1.5.23

in funds

30.4.25

£

£

£

Unrestricted funds

General fund

62,540

(29,648

)

32,892

TOTAL FUNDS

62,540

(29,648

)

32,892

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

83,430

(113,078

)

(29,648

)

TOTAL FUNDS

83,430

(113,078

)

(29,648

)

7.	RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 30 April 2025.