Finance Score: 1

Governance Score: 3

Support Score: 0

Excess reserves: -2
Fundraising costs low: +3

No volunteer policy: -2
12+ Trustees: -1
Good trustee age range: +3
Dynamic board: +3

No supporters identified

Overall GiG Score: 4

THE BRITISH CARDIOVASCULAR SOCIETY

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.

Analysis by Giving is Great

Positives:

There have been no material income shortfalls in recent years
Fundraising costs are unusually low relative to funds raised
The Board appears to be well diversified in terms of age and dynamic in terms of composition

Regulatory & Governance issues to consider:

Although this charity works with volunteers it does not have a Volunteer Management policy
There are 16 trustees whereas the Charities Commission recommends a maximum of 12

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £6,458,992 available, equivalent to 27 months of spending and so may not be able to utilise additional funding

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/12/22		£2,753	£2,897	£-143	£0	£6,619	£6,459	26.8	16	93
31/12/21		£2,278	£2,262	£17	£0	£7,479	£7,418	39.4	18	83
31/12/20		£2,075	£2,090	£-15	£0	£6,981	£6,892	39.6	18	10
31/12/19	*	£2,612	£2,601	£11	£0	£6,918	£6,858	31.6	18	10
31/12/18		£2,400	£2,425	£-25	£0	£6,301	£6,265	31	15	0
31/12/17		£2,558	£2,434	£124	£0	£6,591	£6,541	32.2	14	0
31/12/16		£2,381	£2,357	£24	£0	£6,131	£6,076	30.9	13	0
31/12/15		£2,542	£2,400	£142	£98	£5,733	£5,672	28.4	16	0
31/12/14		£2,522	£2,226	£296	£93	£5,563	£5,498	29.6	12	0
31/12/13		£2,262	£2,254	£8	£121	£5,230	£5,160	27.5	13	0
31/12/12		£2,279	£2,271	£9	£92	£4,851	£4,775	25.2	13	0
31/12/11		£2,476	£2,114	£361	£97	£4,649	£4,526	25.7	12	0
31/12/10	*	£2,149	£1,990	£159	£88	£4,407	£4,282	25.8	12	0
31/12/09		£1,848	£1,416	£432	£26	£3,908	£3,908	33.1	11	0
31/12/08	*	£1,592	£1,519	£73	£585	£3,548	£3,310	26.1	12	0
31/12/07	*	£1,553	£1,333	£220	£519	£3,879	£3,879	34.9	12	0
31/12/06	*	£1,481	£1,313	£168	£0	£0	£0	n/a	0	0
31/12/05	*	£1,748	£1,219	£529	£0	£0	£0	n/a	0	0
31/12/04	*	£1,307	£1,085	£222	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 1.1%
Fundraising Costs/Total Spending: 0.9%
Senior Staff Costs/Total Spending: 4%
Highest pay band: £100,000-£110,000
Liabilities/Assets: 10%
Liabilities/Income: 28%
Unrestricted Funds/Total Funds: 98%
Reserves/Spending: 26.8 months
Net Current Assets/Spending: 0 months
Quick Ratio: 0.6

Asset Split ?

Established: 22 years
(29 years as a company)

www.bcs.com

finance@bcs.com

02073833887

Charity Commission for England and Wales

Tweets

Listed activities

Education/Training
The Advancement Of Health Or Saving Of Lives

GiG Classification

Medical education & research

How it operates

Acts as an umbrella or resource body
Makes Grants to Individuals
Provides advocacy/advice/information
Provides buildings/facilities/open space
Provides human resources
Provides services

Where it operates

Northern Ireland, Scotland,

Who it helps

Other Charities Or Voluntary Bodies
Other Defined Groups
The General Public/Mankind

Who works here?

16 employees
93 volunteers

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (16)

Current Trustees appointed

Gender Split

Based on 14/16 persons

Age Range of Trustees: 42-72

DR SHOUVIK HALDAR Appointed: 2022, Occupation: Doctor

DR ABHISHEK JOSHI Appointed: 2022, Occupation: Doctor

DR CARA HENDRY Appointed: 2021

DR CHERYL LEE Appointed: 2022

DR NEIL SWANSON Appointed: 2022, Occupation: Doctor

LOIS ISOBEL WHITTAKER Appointed: 2023, Occupation: Managing Director

PROFESSOR NIKHIL PATEL Appointed: 2023, Occupation: Doctor

PROFESSOR AMITAVA BANERJEE Appointed: 2022, Occupation: Doctor, Other trusteeship: LONG COVID SOS,

PROFESSOR MARK WESTWOOD Appointed: 2022, Occupation: Doctor

DAVID LAWRENCE Appointed: 2018, Occupation: Financial Consultant

DR ANDREW ARCHBOLD Appointed: 2019, Occupation: Consultant Cardiologist

MELISSA COUTINHO Appointed: 2019, Occupation: Lawyer

PAUL TURNER Appointed: 2019, Occupation: Consultant

PROFESSOR ANDRE NG Appointed: 2020, Occupation: Medical Doctor

PROFESSOR JOHN GREENWOOD Appointed: 2017, Occupation: Doctor

SIR BRUCE KEOGH Appointed: 2019, Occupation: Chairman

Legal constitution

Charitable company registered in England & Wales on 07/08/2002, number: 1093321
Registered at Companies House on 01/01/1995, number: 03005604

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Investment
Paying staff
Risk management

Filing Record

19 returns made; AR19: 226 days late, AR10: 51 days late, AR08: 160 days late, AR07: 26 days late, AR06: 81 days late, AR05: 44 days late, AR04: 22 days late,

Main office

9 FITZROY SQUARE
LONDON
W1T 5HW

Objectives

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.

Defined Area of Benefit:

NATIONAL

Data Sources