HEART CELLS FOUNDATION
Research into stem cell and like therapies and the relief for the public benefit of illness and suffering by means ofcell therapy and like therapies.
Financial health, per its FY2024 accounts
The accounts state that the charity generated a deficit of £117,575 for the year, which was funded by existing reserves, resulting in total unrestricted funds of £1,413,714. The trustees confirm adequate resources for the foreseeable future, with no material uncertainties identified by the auditors regarding going concern.
What the accounts disclose
“In accordance with its objective of raising £6m to fund stem cell research, the Trustees policy is to raise funds until that target is achieved.” — page 5
Corporate structure
- Trading subsidiary: HEART CELLS COMPANY LIMITED Companies House 10282577
- The company is a wholly owned subsidiary and has disclosed an exemption from disclosing intra-group transactions.
Register events
- Received assets from another charity (25/08/2022)
Trustees
- JENIFER ROSENBERG OBEchair
- Adrian Magnus
- MYRA WAIMAN
- Michael Clasper MBE
- PROFESSOR ANTHONY MATHUR
- PROFESSOR JOHN FRANCIS MARTIN
- Professor Martin Rothman
- Professor Rakesh Uppal
- STEPHEN JAMES
- THE RT HON SIR BERNARD RIX
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £444k | £644k |
| 31/12/2023 | £452k | £243k |
| 31/12/2022 | £499k | £2k |
| 31/12/2021 | £406k | £424k |
| 31/12/2020 | £205k | £356k |
Common questions
Is HEART CELLS FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity generated a deficit of £117,575 for the year, which was funded by existing reserves, resulting in total unrestricted funds of £1,413,714. The trustees confirm adequate resources for the foreseeable future, with no material uncertainties identified by the auditors regarding going concern. Its FY2024 accounts were audited by Sumer Auditco Limited.
Who funds HEART CELLS FOUNDATION?
Funders whose own accounts filings name HEART CELLS FOUNDATION as a grant recipient include THE LYNNE AND NIGEL ROSS CHARITABLE TRUST, THE SIR JOHN RITBLAT FAMILY FOUNDATION, The Gerald and Gail Ronson Family Foundation, THE MANNY AND BRIGITTA DAVIDSON CHARITABLE FOUNDATION, THE SUSAN AND STEPHEN JAMES CHARITABLE SETTLEMENT.
Shared trustees with funders
- STEPHEN JAMES — trustee here and at THE SUSAN AND STEPHEN JAMES CHARITABLE SETTLEMENT
Known funders
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE LAWSON TRUST CIO | 2 | £34k |
| THE HOBSON CHARITY LIMITED | 2 | £33k |
| THE JONES 1986 CHARITABLE TRUST | 2 | £26k |
| THE FRANK LITCHFIELD GENERAL CHARITABLE TRUST | 2 | £2k |
| THE CRUCIBLE FOUNDATION | 1 | £165k |
| JEREMY ALEXANDER SETTLEMENT | 1 | £106k |
| THE SHERLING CHARITABLE TRUST | 1 | £24k |
| THE BARBARA WARD CHILDREN'S FOUNDATION | 1 | £20k |
Charities like this
- HEARTS FOR HERTS
- LONDON HEART HOUSE - FOUNDATION FOR CARDIOVASCULAR RESEARCH AND EDUCATION
- LITTLE HEARTS MATTER
- BOURNEMOUTH HEART CLUB
- LONDON HEARTS
- THE HEARTH FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| HEART CELLS FOUNDATION | £444k | — | — | unclear | — | no doubt |
| HEARTS FOR HERTS | £151k | — | 0 | unclear | — | no doubt |
| LONDON HEART HOUSE - FOUNDATION FOR CARDIOVASCULAR RESEARCH AND EDUCATION | £229k | — | 0 | unclear | — | no doubt |
| LITTLE HEARTS MATTER | £372k | — | 0 | unclear | — | no doubt |
| BOURNEMOUTH HEART CLUB | £405k | — | 0 | unclear | — | no doubt |
| LONDON HEARTS | £5.4m | — | 0 | above | — | no doubt |