HYPERLIPIDAEMIA EDUCATION & ATHEROSCLEROSIS RESEARCH TRUST UK
Financial health, per its FY2025 accounts
The accounts state that total income increased to £1,577,004 from £1,327,980 in the prior year, resulting in a net surplus of £86,663. Per the trustees' report, free reserves of £580,207 are within the stated policy target of 6-9 months' operating expenditure, indicating adequate liquidity. The charity continues to adopt the going concern basis with adequate resources projected for the next twelve months.
What the accounts disclose
“We aim to hold free reserves in the range of 6 – 9 months’ worth of operating expenditure.”
“An income distribution was made from HEART UK Trading Company Limited, a wholly owned subsidiary, to HEART UK of £219,176 (2024: £273,273) being a distribution of 100% of their net profit in the year. At the year end an amount of £69,906 (2024: £64,396) was owed to the subsidiary.” — page 42
“We also have a trading subsidiary, HEART UK Trading Company Limited through which the majority of our corporate activity is conducted.”
Structured financials (annual return, FY ending 28/02/2025)
Trustees
- Dr Peter Huw Greenchair
- Alison Pottle
- Andrew Harrison
- Andrew Jeffery Greaves
- Dr DERMOT NEELY
- Dr Dev Datta
- Dr Handrean Soran
- Neil Phipps
- Professor Elizabeth Ann Hughes
- Thomas Matthew Dixon
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £1.6m | £1.5m |
| 29/02/2024 | £1.3m | £1.4m |
| 28/02/2023 | £1.3m | £1.2m |
| 28/02/2022 | £903k | £1.0m |
| 28/02/2021 | £754k | £866k |
Common questions
Is HYPERLIPIDAEMIA EDUCATION & ATHEROSCLEROSIS RESEARCH TRUST UK financially healthy?
The accounts state that total income increased to £1,577,004 from £1,327,980 in the prior year, resulting in a net surplus of £86,663. Per the trustees' report, free reserves of £580,207 are within the stated policy target of 6-9 months' operating expenditure, indicating adequate liquidity. The charity continues to adopt the going concern basis with adequate resources projected for the next twelve months. Its FY2025 accounts were audited by Moore Kingston Smith LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| WELLCOME TRUST | 1 | £30.1m |
| BEAULAND LIMITED | 1 | £120k |
| THE ORR MACKINTOSH FOUNDATION LIMITED | 1 | £48k |
| M B FOUNDATION (ALSO KNOWN AS MOSSAD HORAV MOSHE ARYEH HALEVY) | 1 | £11k |
| THE BEAVERBROOKS CHARITABLE TRUST | 1 | £10k |
| THE EDWARD CADBURY CHARITABLE TRUST | 1 | £10k |
| THE B S CHARITABLE FOUNDATION | 1 | £10k |
| THE ALAN EDWARD HIGGS CHARITY | 1 | £6k |