Registered number
SC 036528
Friends World Committee for Consultation - Europe & Middle East Section
Report and Accounts
31 December 2025
TC Group
4 Offite Village
Peterborough
PE7 8GX

Friends World Committee for Consultation Europe & Middle East Section
Report and accounts
For the Year Ended 31 December 2025
Contents
Pages
Reference & Administrative Information
Report of the Executive Committee
2-11
Report of the Independent Examiner
12
Statement of Financial Activities
13
Balance Sheet
14
Notes to the Financial Statements
15-19

Friends World Commlttee for Consultatlon - Europe & Mlddle East Se¢tlt)n
Reference & Administrative Information for 2025
Scottlsh Charity number:
Address of Prlnclpal Offlee:
Website address:
SC 036528
PO Box 18578, Birmingham. B30 9GH
ccemes.or
Executlve Commlttee members {trustees) In 2025:
Lena Froese, EMEYF & German YM
Magdalena Gadomska, Central European YM
Will Haire, Ireland YM
Paul Holdsworth, Belgium & Luxembourg YM
Annie Janssen, German YM
Ethel Livermore, Britain YM
Peter Spreil, Netherlands YM
Asslstant Treasurer
Clerk
Treasurer
Staff In 2025:
Michael Eccles. Britain YM
Julia Walloch, Vienna Worship Group. German
YM
Executlve Secretary
Communication & Networking Coordinator
Bankers:
CAF Bank
25 Kings Hill Avenue
West Malling
Kent
ME19 4TA
Triodos Bank UK
Deanery Road
Bristol
BSI SAS
Wise
Avenue Louise
541S52
1050
Brussels
Belgium
Actountants:
TC CH LTD, 4 Office Village. Forder Way. Cygnet Park, Hampton. Peterborough, PE7 8GX
Independent Examlner:
TC CH Limited
Investment Managers:
Rathbone Greenbank Investments, Prince Street, Bristol BSI 4PS
What is FWCC?
The Friends World Committee for Consultation was established at the Second World Conference
of Friends held at Swarthmore. Pennsylvania, in 1937. The concept of a world organisation to
express the sense of world fellowship of Friends arose as an important part of the evolution of the
Religious Society of Friends in the first two decades of the twentieth century. This tentative

development gained impetus from the 1920 Friends World Conference in london and the Youn8
Friends Gathering at Jordans, England, held in the same year. No other or8anisation exists which
links together Yearly Meetings around the world. Authority withln the Religious Society of Friends
Iles at the Yearly Meeting and Monthly Meeting/church level, leavlng these groups Potentially in
Isolation. Hence the vision arose of an organisation to keep Friends connerted and in touch with
each other across the diverse spectrum of the Soclety.
FWCC was established to be a channel of communication among Friends. helping us to explore and
nurture our identity as Quakers so that we can discover and be faithful to our true place in the
world as a people of God. The current mission statement is: answering God s call to universul love,
FWCC brings Friends of vorying troditions and culturt71 experiences together in worship.
communications. ond consultotlon. to express our common heritage and our Quaker messoge to
the world.
Representatives appointed by affiliated Yearly Meetings and groups gather at World Plenary
Meetings IWPMsl every few years. Between WPMS, the Central Executive Committee, which is
broadly representative, meets regularly to continue FWCC'S decision-making processes and to
guide staff. The FWCC World OfPice is a ￿gIStered charity in Britain and supports worldwide
communications for Friends and the work of the Sections. It also represents Friends within non-
Quaker international organisations such as the United Nations.
In 2012, FWCC held the 6th World Conference of Friends at Kabarak Unlversity, Nakuru. Kenya. on
the theme "Being Salt and Llght: Frlends Ilving ihe Kingdom of God In a broken workl." Almost
900 Friends attended from some 52 countries.
In 2016, 3 WPM was held in Pisac, nearcusco, Peru, from 19-27 January. The theme was°Living
the Transformatlon- Creotion waits with eager longingfor the revet71ing of God's children (Romans
8.191.
In 2024 a WPM was held nearJohanne5burg in South Africa from the 5-12 August. Thetheme was
"Llvlng the splrlt of Ubuntu: Responding wtth hope to God's call to therlsh creation - and one
another.. Forl know the thoughts thot I think toword you, say5 the Lord, thoughts of peace ond not
of evil, to give you Gfuture and a hope-jeremlah 29.11 (New King James Version).. Thiswas the
first hybrid World Plenary Meeting held by FWCC, with around 250 Friends participating at the
venue and over 250 participating online including many at 'hub5' where Friends gathered in
meeting houses or churches to join online.
See: fwcc.world
istl -of-world- lena
-meetin
WPMS are held every 6 to 10 years and the next one will take place in 2030. An online Global
Conference of Friends will take place in 2027.
Read more about the work of the FWCC World Office here". fwcc.world

FWCC-Europe & Middle East Sectlon
The Europe & Middle East Section IEMES) of the Friends World Committee for Consultation
IFWCCI was established in 1938 and is the collective body for Quaker meetings in Europe and the
Middle East. All the members, yearly meetings and groups affiliated to EMES are members of
FWCQ We publish a newsletter. Among Friends, three times a year and send out regular news
emails to subscribers. A small Executive Committee. as5i5ted by the Executive Secretary and the
Communlcation & Networking Coordinator, ensures 8ood communication within the Section and
with other Quaker bodies and individual Friends. Each year EMES organises an Annual Meeting
and Peace & Service Network Annual Gathering and regular online events for Representatives &
Roleholders, the Peace & Service Network, the EMES Youthgroup for 14-18year old Young Friend5
and for International Members and isolated Friends. EMES is a member of Church and Peace and
is an Or83nisation in Partnership of the Conference of European Churches.
EMES has a 10-year strategy which envi50ges a thriving, vibrant, inclusive, Gll-age, spiritual
community of Friends in Europe and the Middle Eost, woven togetherin tronsformotivefcith ond
love, working and connerting with others, listening to the Spirit, ortively living out our Quaker
testimonies of truth ond integrity, equality ond Community. simplicity, peoce. ond Corefor the
earth ond the environment.
You can read more about EMES including our 10 year strategy on ourwebsite.. fwccemes.or
emes
EMES consists of 13 Yearly Meetings, l Monthly Meeting, a number of recognised meetings and
worship groups and some isolated Quakers. There are approximately 25,1))O Quakers in the
affiliated meetings in the Section Ithis figure includes members, attenders and children, and is
based on the information provided by meetings in early 20261. We are in contart with Evangelical
Friends Church International who maintain their own congregations in Croatia, Hungary, Ireland,
Romania, Serbia.
Europe & Middle East Youn8 Friends IEMEYFI is a well-established, autonomous or8anisation
operating within the Section: eme
.or
EMES actlvlty In 2025
2025 was another busy year for EMES. Our work continues to bring Friends together, mostly
through online connections but also at our events held at different locations around the Section.
Friends In Europe and the Middle East feel better connected through these opportunitles for
fellowship and worship together. We are building an all age community of Friend5.
In May we held ourAnnual Meeting in Warsaw and online and in October our Peace & Service
Annual Gathering met in Paris and online. Each month we hold online gatherings for our
Representatives & Roleholders, for our Peace & Service Network and for our Youthgroup. Our
roleholders gather monthly for worship and we jointly host several online meetings for worship

each week with Woodbrooke. Our international member5 and isolated Friends gatherings are held
three times a year.
2025 has again been a difficult year for many people in our region: the war in Ukraine has
continued and although there is now a fragile ceasefire of sorts in Gaza, life there continues to be
very dlfficult. We continue to stsy in touch with the small Friends, 8roups in these countrles
offering them support while Friends from across our region and from further afield continue to
work for peace. Our weekly meeting for worship to pray for peace every Tuesday afternoon has
continued to meet; a small group of very committed Friends regularly attend. During the year
EMES staff and Friends giving service made pastoral visits to Friends ènd meetings in the Baltic
States, the Middle East and Ukraine.
This year we hosted one of four global meetings for worshlp held by the four FWCCSe¢tions; over
100 Friends joined us for worship and to hear prepared ministry frorn Friends in Austria, Finland &
Ireland.
We regularly add new stories to the news page of our website: fwccemÈs.or
news
War In Europe and the Middle East
During 2025 the war and violence in Ukraine and Gaza contlnued. EMES holds a weekly meeting
for worship to pray for peace each Tuesday, with a regular attendance of around 20 Friends from
around the world. We also maintain contact with the small Quaker communlties In the countries
affetted by the wars. Read more about the peace worship here: fwccemes.or
calendar
eate-
worshi
Executlve Committee
The Executive Committee (ECI acts as the EMES trustees and met flve tlmes during 2025. They had
two weekend meetings, one online in February and one in Vienna in September. These weekend
meetings allow for more in-depth decision making.
The EC is responsible forthe work of EMES and monitors progress made on the workplan and
priorities agreed at each Annual Meeting. They also approve grants to the Splrltual Growth Fund.
There were no changes in the membership ofthe EC In 202S.
EC member5 in 2025
Lena Froese, EMEYF
Magdalena Gadomska, Central European YM {AssiStant Treasurer)
Will Haire, Ireland YM
Paul Holdsworth. Belgium & Luxembourg YM
Annie Janssen. German YM
Ethel Livermore, Britain YM Iclerk)
Peter Spreij. Netherlands YM (Treasurer}

Minutes of EC meetings are made available to EMES Representatives and are available from the
EMES office on request.
Staff
Executive Secretary: Michael Eccles, Britain YM
Communication & Networking Coordinator: Julia Walloch, Vienna Worshlp Group
Representatives
All Yearly Meetings, Monthly Meetings and meetings In the Section appoint representatives to
FWCC-EMES. Details of this are outlined in the EMES constitution. Representatives usually serve
for three years and can be reappointed once. All representatives are invited to attend the EMES
Annual Meeting and monthly online Representatives & Roleholders Gatherin85. These online
monthly gatherings helpto build and maintain our community and mean that when we do meet in
person, Friends already know each other and are able to communicate at a deeper level more
quickly. EMES roleholders meet forworship once a month also.
Annual Meetin8
In early May EMES representatives, and other Friend5, met in Warsaw and online and considered
the theme: How do we live together as o con7munity of Friends in Europe & the Middle Ea5tP
Almost 80 Friends gathered at the meeting (both in Warsaw and online). We provided Russian
interpretation online and Polish interpretation in Warsaw, which enabled us to include several
Polish Friends who othe￿ise could not have participated. Our speaker was Emily Provance of New
York YM. who used Acts 15 as a basis to speak to our theme. During the meeting we reaffirmed
our sustainability policy. We provided interpretation into Polish lin Warsaw) and Russian lonlinel
at the AM. Read the AM epistle here.. fw
mes.or
news
emes-annual-meetin
-2025-e
Our AM in 2026 will be held online on the 28-30 May.
Pastoral vlslts
During 2025 we made three pastoral vi51t5 to Friends. In April the Executive Secretary and Clerk
joined a group from Friends United Meeting on a 10 day visit to Ramallah, Palestine and
Brummana. Lebanon. They got to know staff and students at the Friends schools there, and spent
time with local Friends who often feel isolated from the rest of the Quaker world. Out of this visit
plans were developed for Middle East YM to meet for the first time in decades in April 2026. sadly
this had to be cancelled due to war in the region.
In May, immediately afterthe EMES AM. the Executive Secretary and an Elderfrom Central
European YM travelled to Ukraine to spend time with Friend5 there. Although there are only
around 20 Quakers and seekers In Ukraine, there are two worship groups.. the Quakers of Kyiv and
Friends of Ukraine. The Quakers of Kyiv have been meeting for 7 or 8 years and Friends of Ukraine
for a year or two. The visitors met with Friends from both groups and wlth other individuals
connected to Quakers in other ways such a5 through Woodbrooke-EMES online worship.

And finally Sn Novemberthe Executive Secretary travelled with two Friends from Finland YM and
Moscow MM to meet with Quakers in Lithuania, Latvia and Estonia. The visitor5 found small but
committed communitie5 of Friends in these countrles and on the final day attended meeting for
worship in Tallinn with 14 people present.
Read about the visits here:
Middle East.. ￿ccerne5.0r
Ukraine.. fwccemes.or
Baltic States.. fwccemes.or
news
astoral-care-visit-to-friend5-in-the-middl&east
the-ni
ht-train-to-k
astoral-visit-to-frien
news
news
-in-the-baltic-states
Additionally each year EMES staff and members of the executive committee attend all Yms and
other significant Quaker gatherings around Europe and the Middle East. You can read epistle5
from these meetin8s on the EMES website: fwccemes.or
news.
All Age Gatherin8
In mid-2025, in partnership with Europe & Middle East Young Friends, we began planning an All
Age Gathering. The gatherin￿5 theme is.. The River of Life.. an all age gathering and it will be held
on the 8-15 August 2026 at Haus Altenberg. an hour from Cologne in Germany. We hope that
around 120 Friends will participate. The last such gathering was in Bonn in 2016. Read more about
the gathering: fwccemes.or
AAG2026.
Sustalnablllty
Our sustainability policy is a significant aspect of our work. Wherever possible EMES staff and
roleholders avoid flying in Europe and instead travel by land and sea. Although this can take longer
and be more expensive we feel it is an important aspect of our Quaker witness to the world, and
are also learnirbg that it is often easy to work on trains. EMES also only provides vegetarian and
vegan food at our events, where possible.
A5 mentioned above the policy was reaffimed at the 2025 AM and trustees asked to consider how
to strengthen our work in this area. EMES sustainability policy: fwccemes.or
emes
sustainabilit
In 2025 we recorded a total of 101,112 kilometres of travel through our travel impart form,
producing about 17.5 tonnes of CO2.
We have decided to "onset" carbon costs of this total to the FWCC Climate Emergency Fund. a
total of É1141.55. The Climate Emergency Fund provides short term fundin8 to project5 presented
by members of Quaker meeting5 and yearly meetings, especially th05e in the Global South
experiencing the immediate imparts of the climate crisis. More informatlon can be found here:
.world
cef

(I
Kllometers travelled In 2025
by Means of Transportation
SL87Y knl
IINLy£It
740 km
Si Coaeh
804km
FerTyl8oat
1047 km
40.644 kn1
Nomlnatlons Committee
The EMES Nominations Committee conslsts of up to six Friends, appointed for three years in the
flrst Snstance. It receives requests for nominees from the EMES Executive Committee and/or
Annval Meeting IAMI in session, normally for members of the Executive Committee and for the
roles of EME5 Clerk, Treasurer, and Assistant Treasurer, and for Elders. Nominations Committee
finds nominees by a proce55 of Quaker discernment.
Since the last Annual Meeting in 2025, the EMES Nominations Committee has held seven
committee meetings. We have also exchanEed many emai15 and messages between us.
This year. we have discerned names for Elders and Executive Committee members. We have also
taken part in revising the role description for Elders. To spur our nomination process we have
reached out to a number of Yearly meeting Clerks, EMES representative5 and other Friends across
our section in order to listen to their suggestions for names we may contact.
We have held conversations with a number of role holders. to hear about their experiences in
their roles. Following up and listening to Friends about how their experience of EMES roles IS a
way of caring for one another and learning about how we might improve the nominations process.
Ilominations Committee members in 2025..
Simon Best, Britain YM & Woodbrooke (until May)
Mikheil Elizbarashvili, Georgia Worship Group
Solveig-Karin Erdal, Sweden Yearly Meeting Iconvenorl
Antony Froggett, Britain Yearly Meeting Ifrom May)
Leena Lampela. Finland Yearly Meetin8
Pavel Marusinec, Central European Yearly Meeting (from May)

Siobhan Walshe, Ireland YM (until Mayl
Natasha Zhuravenkova, Moscow Monthly Meeting
Peace & Service Network
The PSN now include5 at least forty people, both individuals and organisational representatives,
who are actively involved in coordinatin8 and directing the work of the network and several new
people have joined the network in the past year. The network continued to hold monthly online
gatherings throughout the year covering a wide range of topics including non violent
communication and self compassion, writing letters to imprisoned conscientious objectors and
political prlsoners. the human rights work of QUNO. explorlng reconciliatlon and Incluslon wlthin
the network and more. The sub-group about conscientious objection is still very active and has
provided help for many COS in 2025.
The PSN held its annual gathering in October in Paris with the theme: Living in the virtue of thot
lift ondpower thot took owoy the occoslon of all wors.. How Frlends across EMES ore offering
sen11￿ and peace to o broken world.
Read more about the work of the PSN here: fwccemes.or
emes
eace-and-service-consultation
EMES Youthgroup
The EMES online youthgroup continued to meet during 2025 and held its annual in person
gathering In September alongside the Border Meeting in Lille, France with the theme. But whot
const thou sayy Llvlng yourfalth In today's world. It was a small gatherlng wlth seven particlpants
{a couple dropped out at the last minute due to ill health}. The online group has recently changed
its age range from 14-18 to 12-18 to tryto draw in new members. Many of our original
participants have now grown too old and are participating in Europe & Middle East Young Friends
artivities. Participant5 come from around six different European countries. Although the
vouthgroup prlmarily operates In Engllsh. we offer Interpretation (into German or Russlan) If
needed and offer to support young people with other languages.
The youthgroup is orgarnised by a small coordinating group of five Friends which includes two
young people. In 2025 we covered a wide range of topics at these gatherlngs Including; a session
entitled 'Quakers In space, a sesslon about racSsm and colonialism. a Quaker verslon of Dungeons
& Dragons, reports of EMES pastoral visits, making cards for each tsther and lots ofgames.
Read about the youthgroup and find a link to reports of the Lille gathering here..
fwccemes.or
outh
rou
EMES Finan
Our assets will be down on last year because of the projected deficit. The good news is however
that mainly because salary costs were lower than estimated and income was higher than
estimated because of some 8enerous contributions from Friends our deficit turned out rather
lower than expected.

Thi5 yearthere were no grant requests for the John Warder {Restrictedl Endowrnent Fund. This
results in a net profit of £1,565 - raising the value of the fund to £48,884. It should be noted that
because of the rather modest income generated by the capital we would not be able to deal with
grant requests over £1.500 a year without spending the capital.
The Quaker Youth Pilgrimage Fund consists of money left over when the Quaker Youth Pilgrimage
was discontinued. It was decided to spend this left over sum on the age group it was originally
intended for. We are, however, free to spend the capital a5 well a5 the income generated by it.
The result is that this year we spent more than the income on the capital, resulting in a net Icss of
£2,132. The present balance ofthe fund now stands at £42,445.
We hope to be able to cover all the costs of the All Age Gathering, budgeted at £55,000 from the
income from the Fundraising Campaign, fees and donations. Last year we set aside an amount of
£4.1KK) in an All Age Gatherin8 Reserve Fund.
Spiritual Growth Fund
Our Spirituol Growth Fund continues to support meetlngs and thelr work and In 2025 we gave
three grants. The fund aims to promote Quakerism within our meetings and also to enquirers and
to support Quaker meetings around Europe and the Middle East. Grants in 2025 funded work such
as support for a worship group in Athens, the celebratlon of the centenary of the Centre Quoker
International in Paris and the work of Stop Fuelling War.
You can find more information here: ￿Cceme5.0r
emes
emes-s
iritual- rowth-fund
Partnershlps and communlcatlon
We continue to maintain closè relationships with other Quaker organisations in Europe and the
Middle East, in particular our member yearly meetings and worship groups, but also Woodbrooke,
the Quaker Council for European Affairs, the Quaker United Nations Office in Geneva, the Quaker
Educational International Trust and Europe & Middle East Young Friends.
We continue to run online worship with Woodbrooke throughoutthe week. For some Friends
their online worship group is now their primary meeting. There is more information here..
woodbrooke.or
worshi
We send regular news emails to over 500 Friends twice each month (you can si8n up here:
fwccemes.or
newsletter) and maintain an artNe presence on social media (Facebook and
Instagraml, alongside using our website to keep Friends up to date. We also continue to produce
and send out our newsletter Among Friend5 three times a year. In accordance with our
Sustainability Policy, this Annual Report Is our only publication printed in paper format. We do
however offer to print and post Among Frlends by request.
io

EMES also has a WhatsApp group. wlth over 100 members, where Frlends share news with each
other.
EMES on Facebook: facebook.com
EMES Facebook group: facebook.com
EMES on Instagram- inst
ram.com
fwcc emes
FWCCEMES
rou
56113262466550
Intematlonal rnembershlp
The Executive Secretary. along with other Friends from EMES and beyond. Serves on the FWCC
World Offlce International Membership Applications Committee IIMAC} that over5ee5 and
supwrts International member5 of the Religious Society of Friends around the world. These are
people who want to become members but live in an area where there is no Yearly Meeting or
other Quaker body they can formally join; their membership 15 held through the FWCC World
Office. There are approximately So international members in our Section. Some of these Friends
are part of existing worship groups or other Quaker meeting5, while others are more isolated.
EMES tries to maintain contact with these Friends to ensure that they are aware of our activities
and invited to ourevents.
In 2025 EMES held three online gatherings for international members and isolated Friends living in
Europe and the Middle East; these gatherings are held with Russian interpretation. We also
welcomed three Friends into international membership this year,. in Estonia, Italy & Portugal, and
transferred one international member to Central European YM.
You can read more about the international membership programme here.. fwcc.world
work
international-membershi
areas-of-
FWCC Central Executlve Commlttee
The Clerk and Executive Secretary of EMES serve as members of the FWCC Central Executive
Committee ICEC} along with their counterparts. and other Friends. from the other FWCC Sections
and the FWCC World Office. The CEC met three times in 2025, twice online and in Octoberthey
met in Seoul, Korea for a weeklong meeting ending with the opportunityto attend the FWCC Asia
West Pacific Section gathering.
The CEC oversees the work ofthe FWCC World Office which includes the holding of World Qvaker
Day, the work of their Peace & Justice Secretary and their work to connect Friends from all four
FWCC Sections.
You can read more about the CEC here.. fwcc.world
about-us
eo
le
overnin -committee
li

Report ofthe Independent Examlner
To the ExecutNe Committee (Trusteesl of Fdends World Committee for Consuthtion- Eulope &
Mlddle East Section
I report on the finèncial statements for the year ended 31 December 2025 set out on pa8es 6 to 12.
Respèctlvè Responslbilities of the Executrve Committee ltrusteesl and Independent Examiner
The chariW5 tm5tee5 are responsible for the preparation of the accounts In accordan￿ wlth the term5
of the CharltSes and Trustee Investment (Scotlandl Act 2CQ5 and the CFwiitie5 Accovnts (Scotlandl
Regulatlons 2(A)6 las amended). The charity trustee5 consider thatthe audit requirement of ReBulation
10111 lal to Icl of the 20C6 Accounts Regulatlons does not apply. It is my reSponsi￿lIty to examine the
account5 as required under section 44111 Icl of the Art and to state whether particular matter5 have
come to my attentlon.
Basis of indÈpendènt èxamlner's statement
My examination is carried out in accordance with Regulation 11 of the 2c￿6 Accounts Regulation5. An
examination includes a review of the accounting records kept by the chariiy and a comparison of the
accounts presented wlth those records. It also Includes consideration of any unusual Irems or
disclosures in thè atcounts. and seeks explanations from the trustees concernlng anysuch matters. The
procedures undertaken do not provide all the evidence that would be required in an audit, and
consequently I do not expre55 an audtt opinion on the vlew glven by the accounts.
Independènt examiner's staternent
In the course of my examination. ho matter has corne to my attention-
which gives me reasonable cause to believe that in any material respect the requirements..
to keep accountlng record5 in accordance wlth 5ectlon 4411) lal of the 2Q)5 Act and Re8ulatlon
4 of the 2LK16 Accounts Regvlations
to prepare accounts which accord with the accounting records ènd Comp￿ with Regulatlon 8 of
the 2006 Acwjnts Regulatlons
have not been met or
2. to which, in my opinion. attention should be drawn In orderto enable a proper understsndlng of
the accounts to be ￿¥¢hed.
DaTr. il(p121f
TCGroup
4 Office Village
Forder Way
Cygnet Park
Peterbomugh, PE7 8GX
12

Friends Wortd Committee forConsultatlon- Europe & Mlddle East Sect5on
Statement of FlnancFal Arti¥itie5
lor year ending 31 Decernber2025
fvnds
fvnds
fvnth
2025
024
Income and endowments from:
Donations and legacies..
Grants
Contrlbutlons and Dona￿1>
Charitable attwities..
Annual meeting
Peace & SeNce consultatlon fees
lthvestments
Totsl
126.850
27.522
126,850
31.650
4.129
SO.342
8.629
4,976
1.008
168.985
8,629
4.976
2.224
174,331
676
336
4.465
3,740
145,559
Expenditure on:
CharitaNe activrf(les".
Frlend'swork
Annuol meetin8
Peacè & service consultations
7,282
7,282
23,281
7.343
23.281
7,343
405
2.602
Other-.
Stafl costs
Support Costs
Financiil tosts
Governance costs
92.793
40.014
92.793
44,092
1.610
I3.￿?
41,155
85.774
5,505
16.269
4.D77
371
834
io
13,907
Total
177,744
11,730
B34
190,308
151.710
Net In(omellexpeThltturel
18.7591
17,2651
47
115,9771
16,1521
Tr￿Sfer5 between funds
Gain5lllosse51 on Invesiment assets
3,707
463
1.264
N•t mov*m•n* ITr Fund5
15.0511
16,8031
L311
(lo￿*￿}
1,125
Recon¢lll￿Ion of funds..
Fund Balèntes brou8ht forward
Fund B31an¢es￿rr1ed forward
17
17
151287
146,236
51,918
260,942
259.816
13

Frfends World Committe•forConsull*tion- Europe & Middl• Ea5tSertion
Balan￿ Sheet
as at 31 De¢¢mb¢r 2025
2025
2024
Fixed assets
Investments
13
193,616
193,616
190.SOI
190.501
Current •*ts
Debtors
Cash at kMnk•nd in hand
14
167
73.106
73.273
167
85.350
85.516
Credltors: anY)ufftsfalI￿ dut
withln one year
15
116.4901
115.0751
Net Current Assets
56.783
70.441
Total assets less euvrent Ilabllltles 17
250.399
2fA],942
250.399
260.942
Capltal and wesem5
Endowment funds
Restricted Income funds
Deslgnated funds
General fund
17
17
59,048
45,115
57,737
51.918
17
17
146,236
151,287
Shareholders. fund$
250399
260,942
The accounts on pages 13 to 14 were approved by the Exetutive Cornmittee on and si8ned on their
behalf by..
P. Spre
Treasurèr
02106n026
14

& Hlddh E•ot6o¢tk)n
eNpen1rt￿￿p ￿ xlu￿ntEdfUl ￿ an1((n￿5 bay5 ha5 unLIET he3LIw5 41 tos15 Tel*ed to th*ttt¥w.
15 k411 wvblblr iENlrmrrt
and an aEEW*tllr
thithtv•iMITwe¥roJt.
$r•￿ty Vth2re 0￿er1d. I￿5 11 45 4&1
15 of Ihp 15 iries rf5e to A re35[Th￿e i￿t thE reilpwnl ¥JAI ￿(￿￿e thE aTe
Flxed In¥￿￿MEntS stAt•d * fair 5hEEt d*. d15pllsal llf
Ae5Irt¢kd[￿ll5￿on￿beuIedlorp*￿1l1p￿po￿WNPjnthtQ&tcLso(￿heits(1tyA5Wh￿ed
c&￿￿￿￿Ted of fuNd5 h￿d eNpqLt*d And fow 12 thllso
ijso
YrvrfYPrt¢rbry
25
15

WDrth• D•r•nt•r2925
ZD.931
714
U75
L7>2
RimallahMwlhlyM•itlr4
161
2.124
2.as7
V¥lJ*iW
AthX9
&625
676
16

S)ithè wr•ndtd31 DDt•Mb•wW25
41.919
¥1
3B,911
91.793
4L155
2415
7Qi
Injur￿
1071
797
iJ74
L181
Wobs**<(4ts
1171
)￿
40.7BI
41.OY2
19.774
IQ
37J
tlpt4TcWtr*dlflEtErn
JI
I￿(￿N￿4r￿S
i.z
I3￿J7
ZU5
5.431
L264
7J7T
Sw*prwe4d%
3.7Q?
461
J.161
Atlknwy
Netdwqelnffl¥kÈlva
I￿.5D1
AI2J DEtErnbEr
1gJ.$t6
NWK•l¢Dsl•¢ Jlt*¢¢Thb¢t
157059
Is7￿59
Su￿7
4Y
SOJ25
9LTrI
59.¥34
19).50J
kn)OJ8.
17

forlh•>*w•nd•d 31 O•c•rnb•rb)25
167
IS
L130
L2.lJ16
1675
14
P*¢wth1923
WJ15
nlltssl VrarAf•ts
aQ61
2$2
JAas
ao
no
Sg.fr4a
IF7.714
177.7U
I￿399

N4)ts•lOth•AEGC￿￿ts
rovth• svr•nlpd31 D•Eén*•r2•25
5Q32a
gUIJ
167
14a￿ts
15.Z(Yl
I•
619
1.510
ryP¥0¢4ty•EAKirtW5wrn•
49A
954
JZ6L7
JsDag
500