Finance Score: -8

Governance Score: -6

Support Score: 0

Excess reserves: -4
Volatile income
spending growth: -1
Fundraising costs high: -3

Narrow trustee age band: -2
Static board: -3
Mainly male board: -1

No supporters identified

Overall GiG Score: -14

THE HEART RESEARCH INSTITUTE (UK)

The Charity raises donations to sponsor scientific research into the causes, prevention and cure of cardio-vascular and heart disease, the number one killer throughout the world. Charitable donations are used to further support and expand the level of innovative medical research that would not otherwise be funded by Government grants and other sources.

Analysis by Giving is Great

Positives:

There have been no material income shortfalls in recent years

Regulatory & Governance issues to consider:

The Board is predominantly male
The Board composition appears to be rather static and has little diversity in terms of age

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £2,467,516 available, equivalent to 44 months of spending and so may not be able to utilise additional funding
Income has been volatile recently but spending has been maintained
Fundraising costs are extremely high relative to funds raised

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
31/12/22		£798	£679	£119	£148	£3,075	£2,468	43.6	0
31/12/21		£832	£529	£304	£157	£2,956	£2,956	67.1	0
31/12/20		£951	£472	£479	£213	£2,652	£2,652	67.4	0
31/12/19	*	£1,201	£514	£687	£319	£2,173	£0	n/a	0
31/12/18		£1,283	£565	£718	£324	£1,486	£1,486	31.5	0
31/12/17		£1,602	£949	£653	£523	£768	£768	9.7	1
31/12/16		£1,651	£1,554	£97	£865	£115	£115	0.9	1
31/12/15		£1,700	£2,450	£-750	£1,979	£19	£19	0.1	1
31/12/14	*	£1,652	£1,891	£-239	£746	£769	£769	4.9	1
31/12/13		£1,797	£1,544	£253	£800	£1,008	£1,008	7.8	1
31/12/12		£2,416	£1,878	£538	£895	£755	£755	4.8	1
31/12/11	*	£1,679	£1,657	£22	£1,224	£217	£217	1.6	1
31/12/10		£1,653	£806	£847	£701	£195	£195	2.9	1
31/12/09		£1,822	£1,727	£95	£1,582	£-652	£-652	-4.5	1
31/12/08		£888	£1,086	£-198	£1,144	£-748	£-748	-8.3	1
31/12/07		£446	£996	£-550	£0	£0	£0	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 31.1%
Fundraising Costs/Total Spending: 21.8%
Highest pay band: Less than £60,000
Liabilities/Assets: 13%
Liabilities/Income: 58%
Unrestricted Funds/Total Funds: 80%
Reserves/Spending: 43.6 months
Net Current Assets/Spending: 54 months
Quick Ratio: 7.5

Asset Split ?

Established: 17 years

www.hriuk.org

hana.krskova@hri.org.au

+61282088900

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

Provides advocacy/advice/information
Sponsors or undertakes research

Where it operates

Throughout England And Wales,

Who it helps

Other Charities Or Voluntary Bodies
The General Public/Mankind

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (5)

Current Trustees appointed

Gender Split

Age Range of Trustees: 44-62

ANTONY WILLIAM POLLITT (Chair) Appointed: 2006, Occupation: Chartered Accountant

ADRIAN PHILLIPS Appointed: 2018, Occupation: Solicitor

ELENA LOUISE PINTADO Appointed: 2011, Occupation: Senior Brand Manager

STEPHEN BRUCE MOODEY Appointed: 2014, Occupation: Finance Director

ALAN CATON Appointed: 2018, Occupation: Director Acsacs Ltd, Other trusteeship: FUTURES THEATRE COMPANY,

Legal constitution

Charitable company registered in England & Wales on 21/11/2006, number: 1116918
Registered at Companies House on 14/09/2006, number: 05935975

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Investment
Paying staff
Risk management

Filing Record

16 returns made; AR19: 11 days late, AR14: 3 days late, AR11: 29 days late,

Main office

Bankside 300
Peachman Way
Boradland Business Park
Norwich
Norfolk
NR7 0LB

Objectives

3.1 FOR THE BENEFIT OF THE PUBLIC, TO FURTHER KNOWLEDGE IN THE FIELD OF MEDICINE (AND IN PARTICULAR HUMAN MEDICINE) BY SEEKING TO DISCOVER THE MAJOR ORIGINS OF DISEASE, ESPECIALLY CARDIOVASCULAR DISEASE;3.2 TO PROMOTE MEDICAL RESEARCH TO IMPROVE METHODS OF PREVENTING, DIAGNOSING AND TREATING DISEASE IN HUMAN BEINGS; AND3.3 TO ADVANCE THE EDUCATION OF THE PUBLIC IN THE FIELD OF MEDICINE (AND IN PARTICULAR CARDIOVASCULAR MEDICINE), INCLUDING (BUT NOT LIMITED TO) THE DISSEMINATION OF USEFUL INFORMATION CONCERNING THE WORK OF THE INSTITUTE.

Defined Area of Benefit:

WORLDWIDE

Data Sources