HEART RESEARCH UK

Charity number: 1044821
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

Heart diseases claim a life every 5 minutes in the UK. We know research works and will save lives. We know that delivering community programmes across the UK will keep families together for longer. We focus on benefitting patients as soon as possible, to save more lives. We are dedicated to the prevention, treatment and cure of heart diseases. Until there are no more deaths from heart diseases.

Income and expenditure

Data for financial year ending 31 December 2023

Total income:
£4,017,338

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Donations and legacies £3.54m
Charitable activities £0
Other trading activities £282.72k
Investments £198.40k
Other £0

Total expenditure:
£3,323,986

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Raising funds £736.36k
Charitable activities £2.59m
Other £0

£117,363 investments gains (losses)

Total income includes £602,514 from 2 government grant(s)

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 £736.36k
Charitable expenditure £2.59m
Retained for future use £693.35k

People

36 Employee(s)

12 Trustee(s)

100 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£80k to £90k 1

Fundraising

No information available

Trading

One or more trustees are also directors of the subsidiaries

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

Main way of carrying out purposes is grant making
What the charity does:
  • The Advancement Of Health Or Saving Of Lives
Who the charity helps:
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Organisations
Where the charity operates:
  • Throughout England And Wales
  • Northern Ireland
  • Scotland

Governance

Registration history:
  • 08 March 1995: Standard registration
  • 15 September 2020: Funds received from 251602 THE NATIONAL HEART RESEARCH FUND
  • 11 January 2021: Funds received from 702401 THE YORKSHIRE HEART TRANSPLANT FUND
Organisation type:
Charitable company
Other names:
  • HEART RESEARCH (Working name)
  • HRUK (Working name)
  • NATIONAL HEART RESEARCH FUND (Previous name)
Company number:
03026813 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Campaigns and political activity policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • 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
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
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
Julie Fenwick Chair 29 September 2016
None on record
Andrew Gostelow Trustee 20 June 2024
None on record
Anthony Knight Trustee 21 March 2024
THE YORKSHIRE CHARITY
Received: On time
Mark O'Donnell Trustee 23 March 2023
ACTION AGAINST AGE-RELATED MACULAR DEGENERATION
Received: On time
DAY ONE TRAUMA SUPPORT
Received: On time
Ian Robinson Trustee 23 March 2023
None on record
Melissa Clare Tomlinson Trustee 23 March 2023
None on record
James Scott Andrews Trustee 30 June 2022
None on record
Linda Musonza Trustee 20 October 2021
None on record
James Breeze Trustee 23 November 2020
None on record
Jean Pierre Bouvet Trustee 08 December 2016
None on record
PETER BRAIDLEY Trustee 08 August 2013
None on record
Dr CATHERINE JANE DICKINSON MAPHDFRCP Trustee
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 £2.63m £2.74m £2.73m £2.55m £4.02m
Total expenditure £3.34m £1.59m £3.58m £3.99m £3.32m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A £56.43k N/A £100.68k £602.51k
Income - Donations and legacies £2.15m £2.45m £2.33m £2.11m £3.54m
Income - Other trading activities £12.38k £1.60k £144.06k £254.69k £282.72k
Income - Charitable activities £263.14k £0 £90.93k £0 £0
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £199.02k £171.32k £164.84k £182.79k £198.40k
Income - Other £0 £121.66k £0 £0 £0
Income - Legacies £1.76m £2.11m £2.01m £1.62m £2.44m
Expenditure - Charitable activities £2.72m £1.17m £3.10m £3.35m £2.59m
Expenditure - Raising funds £613.32k £422.39k £473.01k £635.77k £736.36k
Expenditure - Governance £124.80k £111.94k £98.84k £119.06k £123.57k
Expenditure - Grants institution £1.59m £172.76k £2.14m £2.14m £1.40m
Expenditure - Investment management £47.23k £51.95k £57.78k £61.29k £59.01k
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 £58.43k £54.16k £3.15k £6.69m £2.44k
Long-term investments £5.45m £5.84m £7.76m £4.47k £7.00m
Other assets £4.23m £4.51m £3.43m £2.24m £2.65m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £4.25m £3.49m £4.37m £5.06m £5.36m

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 12 July 2024 On time
Accounts and TAR 31 December 2023 12 July 2024 On time Download Open in new window
Annual return 31 December 2022 10 July 2023 On time
Accounts and TAR 31 December 2022 10 July 2023 On time Download Open in new window
Annual return 31 December 2021 14 June 2022 On time
Accounts and TAR 31 December 2021 14 June 2022 On time Download Open in new window
Annual return 31 December 2020 22 June 2021 On time
Accounts and TAR 31 December 2020 22 June 2021 On time Download Open in new window
Annual return 31 December 2019 30 September 2020 On time
Accounts and TAR 31 December 2019 30 September 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 27/02/1995 AS AMENDED BY CERTIFICATE OF INCORPORATION ON CHANGE OF NAME DATED 01/03/2005 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 15/05/2006 AS AMENDED BY SPECIAL RESOLUTION REGISTERED AT COMPANIES HOUSE ON 13/09/2011 as amended on 19 Dec 2021 as amended on 25 Jul 2024

Charitable objects

the promotion and furtherance of medical research into the prevention, treatment and cure of heart disease and related conditions; and the advancement of health or the saving of lives by providing practical help with the prevention, treatment and rehabilitation of people with such diseases

Area of benefit

The area the charity can operate in, as set out in its governing document.

NOT DEFINED

Contact information

Address:
HEART RESEARCH UK
12D JOSEPHS WELL
HANOVER WALK
LEEDS
LS3 1AB
Phone:
01132347474
Email:
info@heartresearch.org.uk
Website:

www.heartresearch.org.uk Open in new window