Finance Score: -3
Governance Score: 9
Support Score: 3
  • Large legacies income: +2
  • Multiple Deficits: -2
  • Fundraising costs high: -3
  • Good trustee age range: +3
  • Dynamic board: +3
  • Gender balanced board: +3
  • Gov Income
  • Grant maker support: +3
Overall GiG Score: 9 ?

HEART RESEARCH UK 

Heart Research UK is a visionary charity that leads the way funding ground breaking, innovative, medical research projects at the cutting edge of science into the prevention, treatment and cure of heart disease. There is a strong emphasis on supporting clinical and surgical projects and young researchers on their first steps into research.
Analysis by Giving is Great

Positives:

  • The charity has received Government grants
  • This charity has received more than half of its income from legacies in recent years
  • Spending has increased over the last 3 years relative to the previous period
  • The Board appears to be well diversified in terms of age and gender and dynamic in terms of composition

Financial issues to consider:

  • On several occasions in recent years income has been less than spending
  • 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 Volun-
teers
31/12/22£2,545£3,987£-1,442£574£3,875£3,83911.6313
31/12/21£2,731£3,578£-846£415£6,826£6,67622.4270
31/12/20£2,743£1,589£1,154£370£6,913£6,69250.52332
31/12/19£2,629£3,337£-708£566£5,480£5,30419.12380
31/12/18£2,563£3,088£-525£547£5,374£5,15020254
31/12/17£4,344£2,837£1,508£485£6,194£5,83824.7190
31/12/16£2,976£1,906£1,070£410£4,282£4,12426190
31/12/15£1,674£2,033£-359£497£2,772£2,63915.6200
31/12/14£1,853£2,052£-199£464£3,202£3,07318200
31/12/13£1,916£1,854£63£453£3,333£3,20420.7180
31/12/12£1,821£1,638£183£478£2,901£2,69019.7160
31/12/11£1,745£1,979£-234£419£2,324£2,19813.3150
31/12/10£1,932£1,697£235£388£2,786£2,65918.8160
31/12/09£2,247£1,921£326£426£2,235£2,15213.4180
31/12/08£2,554£2,202£352£433£1,557£1,5568.5160
31/12/07£1,599£2,099£-500£344£1,857£1,85710.6150
31/12/06£1,299£1,589£-289£0£0£0n/a00
31/12/05£1,604£1,401£204£0£0£0n/a00
31/12/04£1,401£1,047£355£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 30.2%
Fundraising Costs/Total Spending: 15.9%
Senior Staff Costs/Total Spending: 2%
Highest pay band: £70,000-£80,000
Liabilities/Assets: 57%
Liabilities/Income: 199%
Unrestricted Funds/Total Funds: 99%
Reserves/Spending: 11.6 months
Net Current Assets/Spending: -4 months
Quick Ratio: 0.4
Asset Split ?
Established: 29 years

www.heartresearch.org.uk

info@heartresearch.org.uk

01132347474

Charity Commission for England and WalesCompanies HouseFacebookInstagramX
UN SDGs
?
Listed activities
  • The Advancement Of Health Or Saving Of Lives
GiG Classification
  • Medical research
How it operates
  • Makes Grants to Organisations
Where it operates
  • Northern Ireland, Scotland, Throughout England And Wales,
Who it helps
  • The General Public/Mankind

Who supports them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (12)
Current Trustees appointed
Gender Split

Age Range of Trustees: 33-71
Legal constitution
  • Charitable company registered in England & Wales on 08/03/1995, number: 1044821
  • Registered at Companies House on 27/02/1995, number: 03026813
Gift Aid
  • Registered with HMRC for Gift Aid
Event History
Policies in force
  • Complaints handling
  • Conflicting interests
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
  • Volunteer management
Filing Record
19 returns made; all on time
Recent reorganisation events:
  • Asset transfer in from THE NATIONAL HEART RESEARCH FUND on 15/09/2020
  • Asset transfer in from THE YORKSHIRE HEART TRANSPLANT FUND on 11/01/2021
Main office

HEART RESEARCH UK
12D JOSEPHS WELL
HANOVER WALK
LEEDS
LS3 1AB

Objectives

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

Defined Area of Benefit:

NOT DEFINED

Data Sources

Charity Commission for England and Wales
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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