Funding

British in Europe – Financial statements 2018 (audited) and 2019 (unaudited) (Euro)

British in Europe is a not-for-profit association established under French law. As a voluntary organisation, we try to keep our costs down in every area, e.g. for advocacy trips, by taking the cheapest flights, and staying with friends/family wherever possible.

 

Total 2018 Total 2019
(audited) (unaudited)
Receipts
Receipts 53138 52636
Total 53138 52636
Expenditure
Advocacy and preparations -6872 -27836
Other services rendered -1080 -1774
Travel -4004 -18415
Communications tools etc. purchased -630 -8190
Other purchases -1294 -851
Total expenditure -13881 -57066
Net receipts for year 39257 -4430
 
Balance sheet and reserves
Assets
Stock 0 0
Debtors 0 0
Cash and bank 39256 36065
Prepayments and accrued income 0 0
Total assets 39256 36065
Liabilities
Creditors 0 0
Accruals 0 -1239
Total liabilities 0 -1239
Net assets at 31.12 39256 34826

 

Notes

  1. The association’s accounts are prepared on a receipts and expenditure basis, as opposed to an accrual basis. This is usual for associations in France. Because of this, certain amounts paid out at the beginning of a financial year concern commitments entered into in the preceding year.
  2. Revenue includes a small restricted-use grant from a charitable trust, with the remainder consisting of donations from individuals.

This document was produced on 30.01.2020