Charity Accounts Intelreading the accounts so you don’t have to

THE SUSSEX HEART CHARITY

Registered charity 1120998 · accounts filings on the Charity Commission register

Latest income
£118k
Latest spending
£142k
Registered
2007
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity recorded a loss of £150,345 for the year ended 31 March 2023, primarily due to lower investment valuations and a lack of substantial legacy receipts. Despite this loss, the trustees consider the financial position to remain satisfactory, with free reserves (excluding designated reserves) of £2,048 held against a policy target of at least £250,000. The charity holds total net assets of £1,361,299, supported by significant unrestricted funds and designated reserves for specific projects.

What the accounts disclose

Accounts independently examined (not a full audit).

Public fundraising profile: JustGiving — The Sussex Heart Charity (matched by registered charity number).

Structured financials (annual return, FY ending 31/03/2021)

Total income
£737k
Total spending
£146k
Cost of raising funds
£38k
Reserves (reported)
£1.2m
Employees
3

Reported reserves equal ~96.3 months of spending — in the top quarter for charities its size (median 7.0 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Brighton And Hove · East Sussex · West Sussex

Income and spending

Financial year endIncomeSpending
31/03/2025£118k£142k
31/03/2024£167k£199k
31/03/2023£95k£182k
31/03/2022£366k£184k
31/03/2021£737k£146k

Common questions

Is THE SUSSEX HEART CHARITY financially healthy?

The accounts state that the charity recorded a loss of £150,345 for the year ended 31 March 2023, primarily due to lower investment valuations and a lack of substantial legacy receipts. Despite this loss, the trustees consider the financial position to remain satisfactory, with free reserves (excluding designated reserves) of £2,048 held against a policy target of at least £250,000. The charity holds total net assets of £1,361,299, supported by significant unrestricted funds and designated reserves for specific projects. Its FY2023 accounts were independently examined.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE THALES CHARITABLE TRUST1£156k
THE RASCHE FAMILY CHARITABLE TRUST1£60k
THE CHRISTABELLA CHARITABLE TRUST1£14k
THE ORR MACKINTOSH FOUNDATION LIMITED1£10k
THE LIZ AND TERRY BRAMALL FOUNDATION1£10k
THE LAWSON TRUST CIO1£10k
THE SHERLING CHARITABLE TRUST1£10k
THE YORKSHIRE YOUNG ACHIEVERS FOUNDATION1£7k

Charities like this

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