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home >> charity search >> the magdi yacoub institute
Finance Score: -8
Governance Score: -9
Support Score: 3
  • Liabilities <10%: +3
  • Excess reserves: -3
  • Multiple Deficits and declines: -5
  • Fundraising costs high: -3
  • Only 3 Trustees: -2
  • Narrow trustee age band: -2
  • Very static board: -5
  • Overall weighted support: +3
Overall GiG Score: -14 ?

THE MAGDI YACOUB INSTITUTE

To carry out research into all aspects of human heart disease including prevention, treatment and rehabilitation. Undertaking and promoting research in relation to cardiac transplant surgery, human heart valves, tissue engineering, circulatory support, immunology of the heart, biochemistry of heart failure, biology of human blood vessels, molecular aspects of heart disease and genetic research
Analysis by Giving is Great

Positives:

  • The charity has received modest backing from a grant maker recently
  • This charity has a robust balance sheet

Regulatory & Governance issues to consider:

  • Why are there only 3 trustees?
  • Why is the Board composition very static and has little diversity in terms of age?

Financial issues to consider:

  • This charity has substantial assets and unrestricted reserves of £4,924,292 available, equivalent to 37 months of spending and so may not be able to utilise additional funding
  • Income has been volatile and on several occasions in recent years less than spending
  • Fundraising costs are extremely high relative to funds raised
Find similar charities within: miles

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k		 Spending
£k		 Surplus/
Deficit £k		 Fundraising
Cost £k		 Total
Funds £k		 Unrestricted
Funds £k		 Mths
Rsrvs		 Staff Volun-
teers
31/03/23£890£1,577£-688£287£5,076£4,92437.5130
31/03/22£2,235£1,430£806£181£5,764£5,23143.9120
31/03/21£1,105£1,229£-124£162£4,958£4,77246.6110
31/03/20£1,179£1,371£-193£148£5,082£4,99343.7110
31/03/19£1,917£2,241£-323£165£5,313£5,19927.8130
31/03/18£2,106£1,713£392£171£5,636£5,37237.6120
31/03/17£1,546£1,833£-287£160£5,314£5,24834.490
31/03/16£876£1,448£-572£44£5,601£5,59046.390
31/03/15*£1,496£1,452£45£186£6,173£5,79947.9110
31/03/14£1,202£1,601£-399£230£6,129£5,8644480
31/03/13£1,448£1,599£-150£245£6,528£6,0014570
31/03/12£1,367£1,604£-238£234£6,678£5,0763850
31/03/11£1,778£1,492£286£219£6,916£5,07040.850
31/03/10£1,354£1,596£-241£203£6,630£4,76835.930
31/03/09*£982£1,476£-494£211£6,872£4,85839.530
31/03/08£1,805£1,492£313£226£7,366£4,98840.120
31/03/07*£2,395£2,399£-4£164£7,053£5,04025.220
31/03/06*£2,010£2,221£-211n/an/an/an/an/an/a
31/03/05*£2,089£2,115£-26n/an/an/an/an/an/a
31/03/04*£2,416£1,908£507n/an/an/an/an/an/a
Show more rows -->

Download accounts
Financial Ratios
Fundraising Costs/Relevant Income: 32.4%
Fundraising Costs/Total Spending: 18.2%
Senior Staff Costs/Total Spending: 11%
Highest pay band: £70,000-£80,000
Liabilities/Assets: 4%
Liabilities/Income: 21%
Unrestricted Funds/Total Funds: 97%
Reserves/Spending: 37.5 months
Net Current Assets/Spending: 11 months
Quick Ratio: 6.5
Asset Split ?
Balance Sheet History
Established: 24 years

http://www.magdiyacoub.org

maria@magdiyacoub.co.uk

01895 760730

Charity Commission for England and WalesCompanies House
UN SDGs
?
Listed activities
  • Education/Training
  • The Advancement Of Health Or Saving Of Lives
GiG Classification
  • Medical research
How it operates
  • Sponsors or undertakes research
Where it operates
  • Throughout England And Wales,
Who it helps
  • Children/Young People
  • Elderly/Old People
  • People With Disabilities
  • The General Public/Mankind

Who supports them? ?

Donations from Grant Makers ?

We have details on the following donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations
Amount When
Months		 To be used for
Dulverton Trust - Towards research (not including any commercial partnerships)
£20,000 08/06/2022
Towards research (not including any commercial partnerships)

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (3)
Current Trustees appointed

Age Range of Trustees: 77-89
  • ALAN HARGREAVES Appointed: 2013, Occupation: Retired
  • ASGHAR KHAGHANI Appointed: 2002, Occupation: Surgeon
  • PROFESSOR YACOUB Appointed: 2000, Occupation: Surgeon
Legal constitution
  • Charitable company registered in England & Wales on 03/10/2000, number: 1082750
  • Registered at Companies House on 30/08/2000, number: 04061607
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • 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
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Serious incident reporting policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
Filing Record
20 returns made; AR15: 72 days late, AR09: 18 days late, AR07: 1 days late, AR06: 25 days late, AR05: 1 days late, AR04: 1 days late,
Main office

Heart Science Centre
Hill End Road
Harefield
UXBRIDGE
UB9 6JH

Objectives

THE OBJECTS FOR WHICH THE COMPANY IS ESTABLISHED ARE SUCH OBJECTS AND PURPOSES IN ANY PART OF THE WORLD AS ARE EXCLUSIVELY CHARITABLE IN ACCORDANCE WITH THE LAWS OF ENGLAND AND WALES AND IN PARTICULAR (BUT WITHOUT PREJUDICE TO THE GENERALITY OF THE FOREGOING) TO CARRY OUT RESEARCH INTO ALL ASPECTS OF HUMAN HEART, LUNG AND OTHER DISEASE INCLUDING PREVENTION, TREATMENT AND REHABILITATION, FOR THE BENEFIT OF THE PUBLIC, BY: (1) UNDERTAKING AND PROMOTING RESEARCH (AND MAKING THE USEFUL RESULTS THEREOF PUBLICLY AVAILABLE) IN RELATION TO CARDIAC AND TRANSPLANT SURGERY, HUMAN HEART VALVES AND TISSUE ENGINEERING, CIRCULATORY SUPPORT, IMMUNOLOGY OF HEART AND LUNG DISEASE, BIOCHEMISTRY OF HEART FAILURE, BIOLOGY OF HUMAN BLOOD VESSELS, MOLECULAR ASPECTS OF HEART DISEASE, METABOLISM OF THE HUMAN HEART AND LUNG, TRANSPLANT MEDICAL MANAGEMENT, GENETIC RESEARCH (IN ALL ITS FORMS) AND ANY OTHER MEDICAL MATTER WHICH MIGHT AFFECT AN IMPROVEMENT IN HUMAN HEALTH AND WELLBEING. (11) RELIEVING PERSONS SUFFERING FROM HEART OR OTHER DISEASES BY ENABLING TRANSPLANT AND OTHER OPERATIONS TO BE CARRIED OUT AND ASSOCIATED CARE AND TREATMENT TO BE PROVIDED AT HAREFIELD HOSPITAL OR AT SUCH OTHER SITE AS MAY BE CONVENIENT OR APPROPRIATE; (111) PROVIDING AND CONSTRUCTING AMENITIES, EQUIPMENT AND FACILITIES WITHIN THE HAREFIELD HOSPITAL SITE OR ANY LINKED ESTABLISHMENTS OR OTHER APPROPRIATE SITE OR SITES FOR THE TREATMENT AND RESEARCH INTO CARE AND RELIEF OF PERSONS SUFFERING FROM HEART OR OTHER DISEASE, WHO MAY REQUIRE OR WHO ARE TO UNDERGO OR WHO HAVE UNDERGONE TRANSPLANT OR OTHER SURGERY; AND (IV) ANY OTHER MEANS WHICH APPEAR CONVENIENT FROM TIME TO TIME.

Defined Area of Benefit:

WORLDWIDE

Data Sources

Charity Commission for England and Wales
360 Giving

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