HEART CELLS FOUNDATION
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
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?
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 Gerald and Gail Ronson Family Foundation, THE MANNY AND BRIGITTA DAVIDSON CHARITABLE FOUNDATION, THE SUSAN AND STEPHEN JAMES CHARITABLE SETTLEMENT, THE CHARLES LEWIS FOUNDATION.
Shared trustees with funders
- STEPHEN JAMES — trustee here and at THE SUSAN AND STEPHEN JAMES CHARITABLE SETTLEMENT
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE LYNNE AND NIGEL ROSS CHARITABLE TRUST | FY2023 | £33k |
| The Gerald and Gail Ronson Family Foundation | FY2025 | £15k |
| THE MANNY AND BRIGITTA DAVIDSON CHARITABLE FOUNDATION | FY2023 | £12k |
| THE SUSAN AND STEPHEN JAMES CHARITABLE SETTLEMENT | FY2022 | £10k |
| THE CHARLES LEWIS FOUNDATION | FY2024 | £10k |
| THE SUSAN AND STEPHEN JAMES CHARITABLE SETTLEMENT | FY2024 | £5k |
| THE SIR JOHN RITBLAT FAMILY FOUNDATION | FY2024 | £5k |
| THE MANNY AND BRIGITTA DAVIDSON CHARITABLE FOUNDATION | FY2024 | £5k |
| THE AMAR FAMILY CHARITABLE TRUST | FY2023 | £4k |
| THE LYNNE AND NIGEL ROSS CHARITABLE TRUST | FY2024 | £3k |
| THE LYNNE AND NIGEL ROSS CHARITABLE TRUST | FY2022 | £1k |
| THE SUSAN AND STEPHEN JAMES CHARITABLE SETTLEMENT | FY2023 | £250 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ORR MACKINTOSH FOUNDATION LIMITED | 3 | £215k |
| PILKINGTON CHARITIES FUND | 2 | £19k |
| THE WILLIAM ALLEN YOUNG CHARITABLE TRUST | 2 | £3k |
| Evelyn Partners Charitable Trust | 2 | £700 |
| THE PHILIP J MILTON AND COMPANY PLC CHARITABLE FOUNDATION | 1 | — |
| AJ BELL FUTURES FOUNDATION | 1 | — |
| R. DAPHNE PLUNKET CHARITABLE TRUST | 1 | £6.6m |
| REUBEN FOUNDATION | 1 | £755k |