NavEurope
NAVEUROPE
A Charltable Incorporated Organlsatlon
Charity Registered in England & Wales no. 1168983
ANNUAL REPORT AND ACCOUNTS
2024-25

NAVEUROPE
ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2025
CONTENTS
Raport of the Trustws
24
R•fer•n¢• and Admlnlstratlve Infomiatlon
statement of Trustees. Responsibilities
Indepondont Examlnerfs R¥p¢rt to tho Trnsltts
St*tsmènt of Flnanelal A¢t1vI￿e#
Balancg Shggt
Not•8 to the Accounts
10-14

NAVEUROPE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025
The Trustees present the annual report and financial statements of NavEurope I'lhe Charity'l
for the year ended 31 August 2025. The Trustees have adopted the provisions of the Statement
of Recommended Practice applicable to charth'es, preparing their accounts in accordance with
the Financial Reporting Standard applicable in the UK {FRS1021.
OBJECTIVES AND ACTIVITIES
The main objective of the Charity is to advance the Christian religion in Europe and such other
areas as the Charity Trustees may from b.me lo time decide for the public benefit through
evangelism. leaching. mentoring, training. individual personal development. the publication and
distribution of related material and such other charitable means as the Charity Trustees may
from lime lo lime decide.
We are committed lo helping people come to know Christ. lo live as Christ's disciples in society
and to be equipped to help others to do the same. This is expressed in our calling.. 'To advance
the gospel of Jesus and his kingdom inlo the nations through $pirilual generations of labpurers
living and discipling among the lost,.
Our core values and vision have been idenliffied and these provide the founllation for our
Strategy for ministry. Throughout our ministry we wll Continue our focus on
knowing, loving and becoming like Christ
the truth and sufficiency of the scriptures
the transforming power of the gospel
the leading and empowering of the Holy Spirit
expectsnl farth and persevering prayer
NavEurope is an umbrella organisalion for the Navigators in Europe. The Navigators is an
inlemalional Christian movement seeking lo advance the Chnslian religion worldwide whi¢h
has a number of affiliated non-piofil organisalions based in Europe. NavEurope provides
support and leadership to the work of Navigator ministries in Europe. NavEurope promotes a
mutual exchange of experiences be￿een the various existing Navigator ministries in Europè
and Seeks lo develop ministries in European countries wth no national Navigator work. 11 also
maintains links with The Navigators- a non-profit organisalion registered in Colorado Springs,
Colorado. USA. These objectives a￿ achieved through the provision ol financial and human
resources and assistance to European Navigator ministries lo help them as they work with
churches and individuals in teachin9 biblical principles and understanding of the Christian faith.
The main activits'es undertaken by the Charity are the support of local Navigator inilialives
across Europe, the arranging of Navigalor conferences. the development of current and
emerging Navigator leaders in Europe, and the provision of European student training
programmes.
The Trustees have had due ￿gard lo the Charity Commission's guidance on public benefff(.
NavEurope is working for the public benefft by supporting Navigator ministries in Europe as
they seek to help people understand the transfomiing power of the Christian Gospel and to be
trained both In greater depth of understanding and in ways of sharing their Iwes with others so
they in lum would have a similar impact. This enables individuals to be MO￿ responsible for
themselves and better able to serve Ih¢)se around them and the communilies in which they live.
ACHIEVEMENTS AND PERFORMANCE
The work of NavEurope has continued to progress well during this year, benefiting from the
faithful work of many across the region. The Trustees are delighted to report another year of
positive achievement and perfomiance against the goals we have set.
The end of the 2024-25 has seen a Iransrtion of NEB Board Chairs from Chris Appleton lo
Frank S¢hlichtenbrede. As a Board and European Leadership Team we would like to thank
Chris and his wife Judy, for their many years of farthful sacrifice. Much of the progress listed

NAVEUROPE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025 (continued)
below would not have been possible wiUK>Ut the wisdom and Christ centred leadership
modelled so well during Chris, tenure on the European Board.
Our overall aim for NavEurope continues to be the health and fruit￿IneSS of our grass roots
mini51ries. To achieve this the Regional Leadership Team has launched 5 regional strategic
initiative5 during 2024-25.
NextGen Regional Leader Development
The NextGen Leadership development initiative was launched at the end of 202425 with a
cohort of 16 delegates. The first cohort will run for 2 years. We are trusting Christ for
growng number of cross cultural, regional leaders.
Mentoring Alongsiders Inrtialive
To complement the training of a new generation of regional leadership, we have also
designed and launched an inrtialive lo encourage and develop leader5 In their local ministry
context. Vve will be recrurting experienced leaders to come alongside key grass root ministries
in the prayerful hope ol encouraging in¢￿asIng health and fruiffulness.
Care Ne￿rk
The Regional Team are very aware of the stresses and strains of ministry life. The Care
Network initiative is aimed al providing 'proa¢tive' support for Navigators in areas such as
spiritual health, relational health. teamwork. and conflid resolution.
Regional Office Resource¥
We have been very encouraged by a growng sense of unity and family across our regional
work. One major catalyst has been the developmenl of regional office resources. This year
we have added the additional roles of a Regional Operations Manager and Regional
Fundraising Support. There has been an encouraging response to our regular regional news
update and investment in communications and IT Infrastructure.
We have estsblished a new website at WVAV.navigalors.eu and the news pages of this contain
many more examples of the grO%￿h and impact ol our ministry.
Regional Fundraising Strategy
With the help ol experiencet1 members of our European Board. we have begun a 5 year
financial 9rovAh slcalegy and a parallel Strategy for regional fvndraising.
We continue to invest heavily in our abilty to send and receive missionaries. Jaap Korving
has boosted our regional staff capacity by coordinating the arrival of several new staff to
support our pioneenng and maturing ministries. The MissDn5 Working Group have also
coordinated our short-lem programs wlh a view to developing missional sending wlhin the
region itself. We are looking to boost this wr(h a new missionary training program in 2025-26.
The European Region has a150 played a key role in the grovrth of our Worfoknde Partnership.
1. During 2024-25 we sent an experienced delegation of leaders lo two intemalional
gatherings in Zambia.
2. Four of a senior leaders played a $igniffi¢anl role in electing a new Intemalional
President for the Navigators.
3. Our Regional Leadership Team hosted a cohort of senior American leaders in
January 012025. This has led lo an increasing interest in both our relational
leadership posture and our approach lo secular ministry.
Overall, the Trustees are greatty encouraged by the continuing sense of unty wthin the
Navigator communty in Europe, the level of comrnrtment to our calling and the p05rtive steps
fon￿ard being tsken.
FINANCIAL REVIEW
The balance sheet shows totsl nel assets of É160.663 (2024: É156,3031. There are no funds in
deficit in the accounts.

NAVEUROPE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025 (continued)
Incomè
The total income for year was É217,159 {2024'. É167.3751. Of this, É136,029 12024.. É133,400)
was received in gifts and contributions from Navigator organisations in Europe and the USA. A
further É46,217 was donated by individuals. including tsx re¢laimed12024". É13.8631. Income
from charitable a¢tivib"es Imeelings and training Courses) of E31.468 12024". f17,1511 was
received. The increase in income from charitable activities rellects the expansion of the charity's
annual conference and the rtrintroductson of a payment for attendance by delegate5.
Expanditur
Total expenditure rose lo Q12.799 {2024 É163.2481. including ￿0,935 12024.. É62,6471 on
Central support costs. The increase in cenlral support costs reflects an increased investment in
communication, including a new website and the introduction of a monthly e-mail newsletter
and additional staff support for the Regional Director.
Ro$orve Pollcy
At 31 August 2025 the level of free reserves was É159,32212024.' E153,1931. During the year
the Iruslees reviewed their reserves policy and decided lo reduce the range from a target value
of between six and twelve months of operating expenses lo a range of three to six months
(currently É52.016 to E104,032 based on the budget foi 202&261. This de¢ision has led to the
charity holding reserves in excess of the policy which the trustees intend to utilise to support
the growth of the charity's work in the coming years.
STRUCTURE, GOVERNANCE AND MANAGEMEMT
Gov•rnlng Do¢um•nt
NavEurope is a charitable incorporated organisalion based on a Foundation Constitution.
Appointmont of Trust•es
Each national Navigator organisalion wthin Europe that is registered as a legal entity in ils
own country and lormalty recognised by the Board of Tru$lee$ of NavEurope 1$ enlff(led to
nominate their Chair or, by agreement wth that Chair and in place of that Chair, another
member of the Board of that organisation as a Trustee to NavEurope. In addition. the Board
of NavEurope may appoint up 10 Six Independent Trustees selected by the existing Trustees
of NavEurope. However. the number of Independent Trustees musl always be less than the
number of Country Chairs on the Board. Each nominatson will be considered and, if agreed at
a meeting of the Board of NavEurope. the individual nominee wll be confimied as a Trustee of
NavEurope.
Key Management Pernonn•l Remunerntion
Key management personnel comprise the Trustees and the European Regional Director. All
Trustees give of their time freely and no director received remuneration in the year. Details of
Trustees. expenses and ￿late<l party transath.ons are disclosed in note 13 Its the a¢counls.
In this ac¢ounting period Bemard Dishman, the European Regional Director was se¢onded to
this role from the UK Navigators.. there was no charge to NavEurope for this secondment.

NAVEUROPE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025 (continued)
REFERENCE AND ADMINISTRATIVE INFORMATION
Charity Registered in England & Wales No.
1168983
Registered Office
Tumer House
54 The Avenue
Southampton
S017 1XQ
Koy Managfrmont PoYsonn•l
Key management personnel comprise the Trustees and the European Regional Director.
Trusts88
The Trustees who served during the year and since the year end are..
Indopendent Truste8$
C Appleton (Chairl IRe$igned 12th ¢)rt¢knr 20251
C Hordijk
E Year51ey
E Angen
H Jaeschke (appointed 14th January 20251
Country Chalrs (Ex officio Trust•esl
F Schlichlenbrede (Chair from 121h October 20251
S Wroe
D Laco
N Guerineau
M Halling
M M Iversen
S Brandsma
Indopondont Examlnor
Joshua Kingston, Bsc FCA
Burton Sweet Limrted
The Clock Tower
Farleigh Court
Old Weston Road
Flax Bourton
Bristol
BS48 1UR
BankeT$
Nalwesl plc
5 Market Place
Kingston upon Thames
KT1 1JX

NAVEUROPE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2025 (continued)
STATEMENT OF TRUSTEES, RESPONSIBIUTIES
The trustees are responsible for preparing the Tnjstees. Repc*t and the financial statements in
accordance with applicable law and United Kingdom Accounting Standards including Financial
Reporting Standard 102". The Financial Reporting Standard applicable in the UK and Republic
of Ireland Iuniled Kingdom Generally Accepted Accounting Pracb"cel.
The law applicable to charities in England & Wales requires the trustees to prepare financial
statements for each financial year which give a true and fair view of the state of affairs of the
chanty and of the income and expenditure of the charity for that period. In preparing these
financial slalemenls, the Iruslees are reqUI￿d lo".
select suitable accounting policies and then apply them consistently..
observe the methods and principles in the Charities SORP..
make judgments and accounting eslimales that are reasonable and prudent,.
State whether applicable UK Accounknng Standards have been followed, subject to any
material departuies di￿10$ed and explained in the fina￿la1 $latemenl$,' and
prepare the financial Statements on the going con¢em basis unless rt is inappropriate
lo presume that the charty will continue in business.
The trustees are responsible for keeping SLrfficient accounting records that disclose with
reasonable accuracy al any time the financial position of the charity and enable them lo ensure
that the financial 51alemenls comply wlh the Charrties Act 2011. the Charity (Accounts and
Reports) Regulations 2008 and the provisions of the tNsl deedlconslilulion. They are algo
responsible for safeguarding the assets of Ihe ¢harty an¢J hence for taking reasonable steps
for the prevention and detection of fraud and olher irregularities.
DECLARATION
The Trustees declare that they have approved the Trustees, report above.
Signed on behalf of the Board of Trustees..
fdLJILfyJ
Jun 22 2026
F Schlichtenbrede
Chair of Trustees

NAVEUROPE
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NAVEUROPE FOR THE
YEAR ENDED 31 AUGUST 2025
Indapandant axamin•Vs rnport to th• trUSt￿S of NavEuro
I report to the trustees on my examination of the accounts of NavEurope for the year ended 31
August 2025.
Rasponsibiliti￿ and basis of report
As the charity trustees of the Charity you are responsible for the preparation of the accounts in
accordance wrth the requiremen15 of the Chanties Act 20111'the Act'i.
I report in respect of my examination of the Charity's accounts carried out under section 145 of
the 2011 Act and in carrying out my examinatson I have followed all the applicable Directions
given by the Charity Commission under secb.on 14515)Ibl of the Act.
Ind•p•nd•nt •xamln•f8 statsm•nt
I have completed my examination. I confirm that no material matters have come to my attention
in connection with the examinab'on giving me cause to believe that in any material respect..
accounting records were not kept in respect of the Charty as required by section 130
of the Act.. or
the accounts tjo not accord wth Ihose records,. or
the a¢counls do not compty V￿th the applicable requirements conceming the form and
conlenl of accounts set out in the Charrties IAe¢ounls and Reports) Regulaliens 2008
other than any requirement that the accounts give a true and fair view which is not
matter considered as part of an independent examination.
I have no concems and have come across no other matters in connection with the examination
lo which attention should be dra￿￿ in this report in order to enable a proper understsnding of
the accounts lo be feached.
kts4
Joshua Kingston, Bsc FCA
Burton Sweet Limrted
The Clock Tower
5 Farleigh Court
Old Weston Road
Flax eourton
Bristol BS48 1UR
Dale.. Jun 22 2026

NAVEUROPE
STATEk4ENTOF FINANaALACTM7IES FOR1￿￿E*RENDE￿Jl AIWSTaD2S
2Q4
Tct
coffl•lttim'.
176788
31
5.4ie
1U2246
J1A
147 263
laLle4milies
TOTAL
11 681
Exyndhureon..
15
7404D
6J238
21 97D
Le4L*rgnipdv¥FILwqrrt
1101
S.J70
6J70
TOTAL
0.12
11.7VII
f¢EC0tr4CIUATh)P40FFUP4DS
1MJPJ
1& 170
TOTAL FUNDS CARPJED FoR￿ARD
1*322
110
1&1305
Pwyurccth￿rItlvm1r•1laC1Dlott Inrrts I
10t0 14tsTh

NAVEUAOPE
CK) 11689B3
BALANCE SHEET ASAT31 AUGIKST1025
20
2024
CURRENT ASSETS
PrepÈYmentY￿d det￿01$
Casn In bÈnk ald In
S￿rt i&m irttherthw 311￿h%
12.2Sg
S8.318
36.236
103.744
1S9,892
171.e98
CURRENTLIABIUMES
Cre¢11¢￿.
10
NET CURREKfAssETS
156.3￿3
TOTAL NET ASSETS
160M3
156,303
8TATEIAE•IT(* FUIIDS
12&15
153,193
1,341
TOTAL FVNDS
160M3
156,303
fdLJUf4J
Tho not•icn 1010 14 Icthi

MAVEUROPE
10
NOTES TO THE ACCOLINTS FOR THE YEAR ENDED 31 ALIGLIST2025
ACCOUNMNG POLICIES
The prinupal accounting p￿ICieS are summarised below. Tl* acc￿￿1r￿ WKies have been appleLI CO￿lsten￿ throughwt
year and In Ihe ryecediNJ year.
a. Ba818 of accountlng
The finsncial slalemenis have been prepared in att￿danCe ¥Mlh hiS1￿c81 cost ttffjvenlion (ex￿p1 w*ere othemise
stated in the accounting wlicy note) in aCcOr(lar￿ IhE State[r￿1 offReuxntr￿ded Practice." Accwntiry atKI
Reportiro by Chanlies prepariThJ If*ir aecourts ￿ accordance *ilh the Fina￿al Reporting star￿ard applicable in IfE
UK and RepUt￿lC of Irdand IFRS 1021 i55ued ￿ October 2019. atKI Ihp Fina￿31 RepottirvJ Statxjard ap￿Icab￿ in the
United Kirydom and Rewblcol 1rd￿d IFRS 1021. aThJ the Chwtses Acl 2011.
The accounts Ifinanoal 51alementsl have been kyepared Io give a 1rue aTrl fair viewand have departed from the
Charit￿$ IAccouni$ and Rep¢ytSl Regulaii(Nts 2008 onty 10 the extent wuired 10 wovidÈ a'truÈ and fair view. Th1$
departure has Involved Accounliry and Rewrtirvj t¢y CharrtEs' Slalerrenl ol Recrmmended Practice
applicab￿ 10 cl)arilies prepanw Ih*r accounts in accordant**4th Fin8n(aal ReportiNJ siandard applicab￿ In tt)e UK
anLI Repu￿1¢ of Ireland IFRS 1021 iSSLEd in Oclober 2019 rall*r Ihan ￿ Acco￿11￿ and Reporbng by CharilEs'.
siaiemeni of RerA)mmended Pracbr* effedNe I WI 2005 ￿￿id} has since been ￿tIM￿ra￿l.
The acGoun15 a￿ p￿par&I in eur05 a5 Charty operate5 pr&lornirwnty in this currenry.
The Iruslees consider Ihal thefe are rn malerial uncertainlies about Ir* charivs ablity lo conbroje as a goire concem.
de$piie the impa¢1 of the rapidty ri$ing ¢osI of a¢ross Europe. Donaiions ￿ $upwrt the of the Navigator8
across Europe have broadty rernal￿ stst* aThY Ihe r*ariV$ strLry reseryes erksure that Il 1$ in a gr*)d po$rtion to
¢onlnue supporting de¥elf4)m￿l ol Nawgaior vvk atyo6$ Ewope.
b. Fund accountln9
Unrestricted fund5 are available fty use al d15crebon of trLtytee5 in fvtherance of Ihe general objectsves of the
Charity. Unrestricted designated fuTrJ$ ale unfesiiicted fuTh1s set aspje by Ihe Irusiees lor Pa￿cular purposes.
Reslriclqd fuThYs are subjected to lostri(th￿ cn their eyndrtwe irTw8ed ty the dow or tlTh4h Ihe term5 of an
appeal.
c. Incom8
NJI incorne Is IndLhJed In the Slalemenl of Financial Acli¥ilva8 the Chanty Is entiued lo rt and the amwnl can be
4uaniified K41h re8$onable fdl¢M4NJ $petyfi¢ are 8p￿*d 10 Pafli(ad¥r ¢aiegor*$ of income".
Income trom donations and legac￿ Is reCe1Tr￿d by way ol donations and grfts aTrJ ￿ Ind￿ In full In the Ststemenl of
Finantyal A¢b.￿lieS receivabk, the ielèied lax reco¥erabie urxlerlhe fyft $d*me.
Donated assets, servlces 8nd faultt￿S are Induded al the value lo the Charitywtsre this can ￿ wanUfi*J. Th8 valu8 of
seNices provided by ¥duniews h8$ not been indwled in Ihese fiwcA81 si$tew￿.
Income I￿e81mentsIS Sncluded %4then reeeivatle.
d. EX￿n￿lIu￿•
Expendilure is recognised on 8n accrual basis. as a liaNty is I￿rred. ExPe￿J￿Ure indLvJes VAT. G8nnDt
recovered and is reported as part of the e¥pendrture lo ￿1￿ch il relates.
Expenditure related to raising fund5 cornpnses the co$15 a5swaied valh affra(Jiffj vduntary in¢(fft.
Expenditure related to chadtsble acli¥it*8 compnses those costs ir￿J￿ed ty the Charity In the ddivery of ils acti¥￿e$. It
includes bolh c0515 thai can be aiwied directyto s￿h at*vit￿S and those ¢osi$ of itwlireut nalure necessary 10
8UPPOrt them.
Governan￿ costs are indth(J cenlral S￿p￿t co¥l5.
Central support costs are alkncaled lo Ihe different chaii¢atle actNth% cffj ￿ ba*% ofeslimaknj $penl by the
support staff. These estimate5 a￿ amualty.
e. Dèbtors
Trade and olFEr ¢Jebtgrs are rewgnised * the 5eltsnEnt anKVrt after ￿Y Irade disCOWrt Offer￿1. Frepayments a
valLEd al the amount ￿epaid r￿1 of any ts•Je th$c￿r￿S d￿.
f. Cash at bank in hand
Cash ai b8nk and cash in hand In￿￿e$ tash and Sh￿Item1 INUKI invesbn*Jrts a short mattjrity ofthree
months or less Irwi the dale 01acqu￿rtm)n or olllE deposrt or sirniwaccowl.
g. Creditovs and provisions
Creditors and prowslM5 are TecogThse(l ￿there IIE (tharity ha5 a present olAuation re5utting frotn a past event that VAII
obably resutt In If* Iransfer of fU￿S to a Ihird paty amrAJnl lo Se￿ oblKJation can be measured or
eslimaled reliaNy. Creditor5 and provi%iDllS are tK)trnalty recogni5ed at their settkn￿[rt atnount after allowing for any
trade discounts due.

NAVEUR
tr40TESTO lHEA￿JNTsFCW7￿rlI1EHDK1J•ALh￿5TI*251¢￿￿thrdl
ID14
fund
TDlal
1767
5478
139 $27
ts
2024
lun
Totil
SbA•nl ￿l￿g￿0pr￿T*4
1 T60
EXPEND￿UREOHCm￿[r*￿ACllrn
1024
C•rtrtl
Ttsl
8upprrtbng
L••dtr*hip
SttJd*ni triirtinll
44.575
47 185
YO.87S
25.352
370
11 530
CENTPAL SUPPORT COSTS
2024
20.113
7.767
R￿l￿Pr•M1
110
cth¢iI•n•iywo￿
oTHeitCÉNTfv*L￿p¢ATeQsrn
USL*
3?4

NAVEUROPE
12
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2025 Icontlnuedl
NET INCOME I IEXPENDITUREI BEFORE T114tr4SFERS
Thi$ 1$ $tsted after ¢harging
2025
2024
Independent exarnirErfs remurEration
1,726
1,948
STAFF COSTS AND NUMBERS
The charty had no emrknee$.' therefoTr emthee r￿￿e￿ Ih8n f70.fKAI in the cur￿nt or prior year.
EmpAoyThnt b8nefrt5 receNed by key manaWTh￿n1 Fetson￿l- (nil12024". Enill.
PREPAYMENTS AND DEBTORS
2025
2024
Debtor5 re incorw Ircrn charitabK8 acti￿￿eS
Debtor$ re bank Inte￿$t
Prepayrr*nts re costs of Charitab￿ activiti85
1,740
1,748
282
17,884
19,912
10,519
12,259
10 CREDITORS.. MIOUNTS FALUNG DUE VIITHIN ONE YEAR
202S
2024
Defewed Incorm re charita￿ Donation5
c￿ditOrS re cost ol Chan￿ble activitss.
Other creditors
A¢￿u01$
9.607
510
1,948
3,589
1.728
11,333

NAVEUROPE
NOTES TO THE ACCOUMTS FOR THE Y&4R ENDED 31 AUGUST 202S IcontlnL*dl
MOVEMENT IN FUNDS
Pnor ypar ￿t￿paratr￿e$¥e dis(JcÈeo In 15.
eXpeThI￿ur•
•nd I￿8••
At
u$t 2025
2024
31Av
UNRESTrICTED FUNDS
Gener81 Re9efve
1$3 193
153.19J
211.6B1
211.681
205.552
1205 5521
169322
159.32Z
RESTRICTED Fl￿D$
L6ad8r8hip $upwM fund
Inner Frontiers support
5.478
IS.4781
1.769
17.2471
$39
802
2.571
3,110
5.478
TOTAL FUMDS
217.159
212.799
111 Leadornhlp •uppNt lund reslrKted given forthe*wJt clnamEd k?￿je￿orth￿l￿g bjderswthin the
N8vig8tcrf$ In Euro
Iiil Inn•r FronU•rn support fund fddlre￿￿Ied gfflsgNen tsthe supwt c4 Irrf￿ FronlKwth Inththves ¥Mlhin Europe.
12
ANALYSIS OF Ne7 ASSETS 8EIWEEN FUF
Restsi¢tod
202S
Total
Net Cu￿9nt a¥¥¢ts
Tot￿ 4131 AuoLWi 2025
159.
159.322
1.341
1.341
LknrnBtrfcl•d
lund•
2014
Total
Net GurreDI assets
Total Del35sels al 31 AupLNt 2024
3.110
3.110
153.193
13
TRUSTEE TRANSACTIONS
Nontr of moiru81ee$ rth¥eJ any in year{2tr24 tiill.
Tr8vel expenw$ ¢Yf4.62012024 f1.828iw¢ to s￿￿<2024. gix) Ifu$ie8$. A¢¢omodaUon ana subs1stenc4 exw
off1,221 12024 f1,2521 we r•￿￿￿¢0 tOhO12024 InBiee8 •￿j {2024 f281 ￿mI￿j￿8￿<2D24 to
one Iru5teel. NoT￿ste￿312021. wved expen5e5 (2024. U021.
Don81ws Induding grft •1¢ <rfOI.OKJ12024 fS.83tslv•e r8c•v•J trustees Nothn8iw$ we r8wved from key
management persoDT￿ èTwJ ov*r Patbes12024 Énill. Tr*ev* W0therrela￿ paTty IrJns*iI￿s during the year.

NAVEUROPE
14
NOTES TO THE ACCOUNTS FOR THEVEAR E￿￿E0 31 AUGUST202S{coniinuAdl
14 PRIOR YEAR FUND COMPARATIVES FOR THE STATEIIENTOF FMNCINL ACnVThES
2024
Total
fuwJ•
fund
Income from-.
Donations and ￿ar￿e$
CharitatrAe actsvibe5
Inveslmenls
TOTAL
139.527
7,836
147,263
17,151
2,961
167,J75
2.961
159,43
7,g36
Expond￿vrO on..
Chantsble actyvibe$
sup￿rtin9 N8vl9atOi In￿Ob¥e*1n EuroF*
Leadership devd01￿1
Sludenl training programn%s
TOTAL
78.040
56.559
21.970
156,569
78,040
83,23B
8,879
6,679
163,Z48
N•t 1•Xp￿dItu11* and not mo¥•mwrt In fund•
2.870
1,257
4127
RECONCILIATION OF FUNDS
Towi lunds brought Iofwèrd
150.323
1,853
162,176
Total fvndB c4rrl•d lorward
153.193
3.110
16 PRIOR YEAR COMP*J4ATNES FOR The MOVEIIENTIII FL*40S
tom•
•n4>•r202J 4ln•
Expvndrturn
31Au
U*1 2024
UNRESTRICTEO FiINDS
General
1f4).3Z3
159.439
159.439
18e.569
1186.5691
153 193
163,193
RESTRICTED FUNDS
L8ad8fship support lund
Inner Frorniers suppm fund
sjg
.679
{8,8791
71
1.8$3
7.938
18,8791
152 176
183.248
TOTAL FLINDS
Ill Ludqrnhlp support lund hDld5 reskncted forthe SLwts101 nllrrnd emer•n9 ￿￿ders￿1h1nthe NllvlgDtorJ in
Europe.
lill Inn•rFronii•rs support fvnd Ws restrthd 9rftygrrf•i ftyth•8wfKxioI Inw Froniws lniu•￿￿O$￿4IhIn Europe.