THE FEDERATION OF EUROPEAN BIOCHEMICAL SOCIETIES

Charity number: 1149638
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

FEBS promotes and supports biochemistry, molecular cell biology, molecular biophysics and related areas, particularly in Europe and neighbouring regions. It publishes four scientific journals and funds principally an Annual Congress, Research Fellowships, Prizes, Advanced Courses, a Young Scientists' Forum, Education and other Workshops, and Travel Grants.

Income and expenditure

Data for financial year ending 31 December 2023

Total income:
£7,773,554

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Donations and legacies £5.21k
Charitable activities £6.48m
Other trading activities £0
Investments £1.25m
Other £32.33k

Total expenditure:
£3,807,017

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Raising funds £419.77k
Charitable activities £3.39m
Other £0

£4,619,014 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

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Raising funds and other expenditure £419.77k
Charitable expenditure £3.39m
Retained for future use £3.97m

People

19 Employee(s)

12 Trustee(s)

1 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 1

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

One or more trustees receive payments or benefits from the charity for providing services to the charity.

What, who, how, where

Main way of carrying out purposes is grant making
What the charity does:
  • Education/training
  • The Advancement Of Health Or Saving Of Lives
  • Arts/culture/heritage/science
Who the charity helps:
  • Other Defined Groups
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Individuals
  • Makes Grants To Organisations
  • Provides Services
  • Sponsors Or Undertakes Research
  • Acts As An Umbrella Or Resource Body
Where the charity operates:
  • Throughout England And Wales
  • France
  • Germany
  • Hungary
  • Ireland
  • Portugal
  • Scotland
  • Spain

Governance

Registration history:
  • 07 November 2012: Standard registration
  • 19 September 2013: Funds received from 261793-1 SIR HANS KREBS LECTURE FUND
  • 19 September 2013: Funds received from 261793 THE FEDERATION OF EUROPEAN BIOCHEMICAL SOCIETIES
Organisation type:
Charitable company
Other names:
  • FEBS (Working name)
Company number:
08239097 Open in new window
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Complaints policy and procedures
  • Conflicting interests
  • Engaging external speakers at charity events policy and procedures
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Paying staff
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

12 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Professor Mauro Magnani Trustee 01 January 2025
None on record
Professor Mauro Maccarrone Trustee 01 January 2024
None on record
Professor Dame Caroline Dean Trustee 01 January 2023
None on record
Professor Johannes Buchner Trustee 01 January 2021
None on record
Professor Piotr Laidler Trustee 01 January 2020
None on record
PROFESSOR Ferhan Girgin Sagin Trustee 01 January 2019
None on record
Professor Irene Diaz Moreno Trustee 01 January 2018
None on record
Professor Emmanouil Fragkoulis Trustee 01 January 2017
None on record
Professor Alain Krol Trustee 01 January 2017
None on record
Professor Jerka Dumic Trustee 01 January 2017
None on record
Professor Frank Michelangeli Trustee 14 September 2016
None on record
PROFESSOR MIGUEL ANGEL DE LA ROSA Trustee 31 January 2013
None on record

Financial history

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Financial period end date

Income / Expenditure 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Total gross income £7.11m £7.08m £6.84m £6.93m £7.77m
Total expenditure £4.91m £2.04m £3.20m £6.02m £3.81m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A N/A
Income - Donations and legacies £7.12k £7.61k £6.94k £5.65k £5.21k
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £6.24m £6.32m £6.17m £6.09m £6.48m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £837.85k £733.15k £646.20k £790.12k £1.25m
Income - Other £20.51k £13.60k £10.58k £48.33k £32.33k
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £4.55m £1.61m £2.80m £5.57m £3.39m
Expenditure - Raising funds £362.27k £434.67k £399.17k £451.22k £419.77k
Expenditure - Governance £0 £0 £68.58k £116.80k £104.79k
Expenditure - Grants institution £433.64k £93.84k £222.77k £484.95k £408.22k
Expenditure - Investment management £362.27k £434.67k £399.17k £451.22k £419.77k
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Own use assets £79.89k £82.48k £124.67k £56.20k £42.84k
Long-term investments £58.14m £69.84m £77.27m £73.61m £77.69m
Other assets £5.28m £5.25m £6.35m £5.92m £8.97m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £486.70k £405.91k £479.79k £569.89k £696.67k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 December 2023 29 October 2024 On Time
Accounts and TAR 31 December 2023 29 October 2024 On Time Download Open in new window
Annual return 31 December 2022 30 October 2023 On Time
Accounts and TAR 31 December 2022 30 October 2023 On Time Download Open in new window
Annual return 31 December 2021 19 October 2022 On Time
Accounts and TAR 31 December 2021 19 October 2022 On Time Download Open in new window
Annual return 31 December 2020 22 October 2021 On Time
Accounts and TAR 31 December 2020 22 October 2021 On Time Download Open in new window
Annual return 31 December 2019 22 October 2020 On Time
Accounts and TAR 31 December 2019 21 October 2020 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES INCORPORATED 03/10/2012 as amended on 02 Feb 2024

Charitable objects

THE FEDERATION'S OBJECTS ("OBJECTS") ARE AND SHALL BE TO CONTRIBUTE TO AND PROMOTE THE ADVANCEMENT OF RESEARCH AND EDUCATION FOR THE PUBLIC BENEFIT IN THE SCIENCES OF BIOCHEMISTRY AND MOLECULAR BIOLOGY AND RELATED DISCIPLINES (BUT ONLY IN SO FAR AS SUCH RELATED DISCIPLINES ARE ANCILLARY TO THE MAIN OBJECT), BY ALL SUITABLE MEANS AND IN PARTICULAR BY: 1) HOLDING AND ARRANGING CONGRESSES, TRAINING AND EDUCATIONAL COURSES ON MATTERS CONNECTED WITH BIOCHEMISTRY AND MOLECULAR BIOLOGY AND RELATED DISCIPLINES; 2) FACILITATING AND SUPPORTING THE EXCHANGE OF SCIENTIFIC INFORMATION BETWEEN BIOCHEMISTS, MOLECULAR BIOLOGISTS AND SCIENTISTS WORKING IN RELATED DISCIPLINES GENERALLY AND ESPECIALLY IN EUROPE AND OTHER COUNTRIES OF CONSTITUENT SOCIETIES; 3) FACILITATING AND SUPPORTING THE TRAINING OF YOUNG SCIENTISTS IN RESEARCH, IN THE FORM OF FELLOWSHIPS; AND 4) ORGANISING THE EDITING AND PUBLICATION OF SCIENTIFIC RESEARCH AND EDUCATIONAL MATERIAL IN BIOCHEMISTRY AND MOLECULAR BIOLOGY AND RELATED DISCIPLINES.

Contact information

Address:
FEBS
2D & 2E, St. Andrews House
59 St. Andrews Street
CAMBRIDGE
CB2 3BZ
Phone:
01223369020
Email:
kingsnorth@febs.org
Website:

www.febs.org Open in new window