ATRIAL FIBRILLATION ASSOCIATION
Atrial Fibrillation Association is an international charity promoting awareness, information and support for patients diagnosed with atrial fibrillation and for medical professionals managing the sufferers. AFA was formed in 2007 out of an identified need to have a charity solely dedicated to redressing the issues surrounding the awareness, diagnosis and treatment of atrial fibrillation.
Financial health, per its FY2024 accounts
The accounts state that total income decreased significantly to £73,929 from £158,442 in the prior year, while expenditure remained stable at £214,720, resulting in a net deficit. Unrestricted reserves fell to £235,425, which is below the trustees' stated policy target of three months' core costs. The trustees confirm the charity is a going concern with adequate resources for the foreseeable future.
What the accounts disclose
“In practice the Trustees consider that holding reserves equivalent to a minimum of three months' core costs, excluding funds tied up in fixed assets, should provide sufficient funds to respond to unexpected adverse changes in the charity's funding or activities.”
Trustees
- Dr Matthew Robert Fay
- PATRICIA JAYNE MUDD
- PROFESSOR ALAN JOHN CAMM QHP BSC
- Professor Derek Leslie Connolly
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £74k | £215k |
| 31/12/2023 | £158k | £215k |
| 31/12/2022 | £282k | £207k |
| 31/12/2021 | £167k | £187k |
| 31/12/2020 | £314k | £183k |
Common questions
Is ATRIAL FIBRILLATION ASSOCIATION financially healthy?
Per its FY2024 accounts: The accounts state that total income decreased significantly to £73,929 from £158,442 in the prior year, while expenditure remained stable at £214,720, resulting in a net deficit. Unrestricted reserves fell to £235,425, which is below the trustees' stated policy target of three months' core costs. The trustees confirm the charity is a going concern with adequate resources for the foreseeable future. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 08/07/2020 | £10k | Coronavirus Community Support Fund |
| The National Lottery Community Fund | 16/06/2008 | £9k | Atrial Fibrillation Association Information and Support Materials |