THE BRITISH CARDIOVASCULAR SOCIETY

Charity number: 1093321
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

Set standards of clinical excellence for the benefit of patients; maintaining the highest standards in training, education and research; aims to be the primary source of professional advice and advocacy in the prevention, diagnosis and treatment of cardiovascular disease, and engage with government, patient groups, research councils, funding bodies and industry.

Income and expenditure

Data for financial year ending 31 December 2023

Total income:
£2,824,882

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Donations and legacies £0
Charitable activities £2.52m
Other trading activities £0
Investments £127.83k
Other £181.13k

Total expenditure:
£2,960,044

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Raising funds £27.42k
Charitable activities £2.93m
Other £0

£303,950 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.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £27.42k
Charitable expenditure £2.93m

People

17 Employee(s)

11 Trustee(s)

53 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£70k to £80k 1

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

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

What, who, how, where

What the charity does:
  • Education/training
  • The Advancement Of Health Or Saving Of Lives
Who the charity helps:
  • Other Charities Or Voluntary Bodies
  • Other Defined Groups
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Individuals
  • Provides Human Resources
  • Provides Buildings/facilities/open Space
  • Provides Services
  • Provides Advocacy/advice/information
  • Acts As An Umbrella Or Resource Body
Where the charity operates:
  • Northern Ireland
  • Scotland

Governance

Registration history:
  • 07 August 2002: Standard registration
Organisation type:
Charitable company
Other names:
  • THE BRITISH CARDIAC SOCIETY (Previous name)
Company number:
03005604 Open in new window
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Complaints handling
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • 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

11 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Lois Isobel Whittaker Trustee 01 December 2023
None on record
PROFESSOR NIKHIL PATEL Trustee 07 June 2023
None on record
Dr Neil Swanson Trustee 08 June 2022
None on record
Dr Abhishek Joshi Trustee 08 June 2022
None on record
Professor Mark Westwood Trustee 08 June 2022
None on record
Professor Amitava Banerjee Trustee 08 June 2022
LONG COVID SOS
Received: On time
Dr Shouvik Haldar Trustee 08 June 2022
None on record
Dr Cheryl Lee Trustee 08 June 2022
None on record
Professor Andre Ng Trustee 03 June 2020
None on record
Dr Andrew Archbold Trustee 13 September 2019
None on record
David Lawrence Trustee 25 April 2018
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 £2.61m £2.08m £2.28m £2.75m £2.82m
Total expenditure £2.60m £2.09m £2.26m £2.90m £2.96m
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 £0 £0 £0 £0 £0
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £2.39m £1.95m £2.06m £2.50m £2.52m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £133.06k £102.36k £108.07k £117.44k £127.83k
Income - Other £29.71k £18.07k £107.45k £137.57k £181.13k
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £2.58m £2.07m £2.23m £2.87m £2.93m
Expenditure - Raising funds £18.76k £24.12k £28.36k £27.50k £27.42k
Expenditure - Governance £0 £83.69k £0 £138.77k £0
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £18.76k £24.12k £28.36k £27.50k £27.42k
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 £0 £1.57m £1.53m £1.54m £1.52m
Long-term investments £6.30m £4.74m £5.60m £4.97m £5.12m
Other assets £1.26m £1.27m £934.46k £869.21k £954.13k
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £647.05k £596.29k £585.94k £757.29k £810.48k

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 23 October 2024 On Time
Accounts and TAR 31 December 2023 23 October 2024 On Time Download Open in new window
Annual return 31 December 2022 14 June 2023 On Time
Accounts and TAR 31 December 2022 14 June 2023 On Time Download Open in new window
Annual return 31 December 2021 13 June 2022 On Time
Accounts and TAR 31 December 2021 13 June 2022 On Time Download Open in new window
Annual return 31 December 2020 14 June 2021 On Time
Accounts and TAR 31 December 2020 14 June 2021 On Time Download Open in new window
Annual return 31 December 2019 14 June 2021 226 days late
Accounts and TAR 31 December 2019 14 June 2021 226 days late 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 OF ASSOCIATION INCORPORATED 1 JANUARY 1995 AS AMENDED BY SPECIAL RESOLUTIONS DATED 15 MAY 2002 AND 26 APRIL 2006. AS AMENDED BY SPECIAL RESOLUTION REGISTERED AT COMPANIES HOUSE ON 22 NOV 2022

Charitable objects

THE CHARITY'S OBJECTS ("THE OBJECTS") ARE TO UNDERTAKE OR PROMOTE WITH RESPECT TO DISEASES OF THE HEART OR CIRCULATION ALL OR ANY OF THE FOLLOWING BY SUCH MEANS AS ARE CHARITABLE AND IN EACH CASE FOR THE BENEFIT OF THE PUBLIC: 1. THE ADVANCEMENT OF EDUCATION AND TRAINING AND THE PROMOTION AND EVALUATION OF BEST PRACTICE IN RELATION TO THE TREATMENT OF SUCH DISEASES; 2. MEDICAL AND SCIENTIFIC RESEARCH AND TO DISSEMINATE THE USEFUL RESULTS OF SUCH RESEARCH; 3. THE PROTECTION AND PRESERVATION OF HEALTH AND THE RELIEF OF SICKNESS OF PATIENTS SUFFERING FROM SUCH DISEASES.

Area of benefit

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

NATIONAL

Contact information

Address:
9 FITZROY SQUARE
LONDON
W1T 5HW
Phone:
02073833887
Email:
finance@bcs.com
Website:

www.bcs.com Open in new window