LONDON HEARTS
The relief of sickness and preservation of health for the public benefit among people residing in the UK and the London area in particular, but not exclusively, by providing a network of defibrillators throughout the area, provision of CPR training and enhancing public awareness around Cardiac health and associated conditions.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a small net expenditure of £29,333 for the year, attributed to the conclusion of a Department of Health and Social Care funded initiative. Despite this deficit, the trustees confirm that unrestricted reserves remain strong at £1,023,457, which is above their stated policy target of three months' operating costs. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“They have assessed that there is a need to maintain a base free reserve equivalent of at least three months operating costs.” — page 4
“Included in other creditors is an amount of £150,000 (2024: £150,000) in relation to a loan made to the charity by a former trustee, now deceased. There are no interest arrangements and no fixed repayment terms.” — page 22
Funders the charity credits
- Vital Energi
Property (HM Land Registry)
Structured financials (annual return, FY ending 30/04/2025)
Trustees
- Peter Richard Neilchair
- JAMES PAUL HUCKETT
- Leah DeMaid
- TIMOTHY HARRISON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2025 | £5.4m | £5.4m |
| 31/03/2024 | £6.3m | £6.1m |
| 31/03/2023 | £5.0m | £5.3m |
| 31/03/2022 | £3.5m | £2.6m |
| 31/03/2021 | £819k | £777k |
Common questions
Is LONDON HEARTS financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a small net expenditure of £29,333 for the year, attributed to the conclusion of a Department of Health and Social Care funded initiative. Despite this deficit, the trustees confirm that unrestricted reserves remain strong at £1,023,457, which is above their stated policy target of three months' operating costs. The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by DHB Accountants Limited.
Who funds LONDON HEARTS?
Funders whose own accounts filings name LONDON HEARTS as a grant recipient include JEREMY ALEXANDER SETTLEMENT, THE JONES 1986 CHARITABLE TRUST, THE CHRISTABELLA CHARITABLE TRUST, THE SHERLING CHARITABLE TRUST, THE LAWSON TRUST CIO.
Known funders
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ASSOCIATION OF NHS CHARITIES | 1 | £137k |
| THE ORR MACKINTOSH FOUNDATION LIMITED | 1 | £48k |
| THE ADRIAN SWIRE CHARITABLE TRUST | 1 | £20k |
| THE EDWARD CADBURY CHARITABLE TRUST | 1 | £15k |
| THE GEORGE AND ESME POLLITZER CHARITABLE SETTLEMENT | 1 | £10k |
| THE ALAN EDWARD HIGGS CHARITY | 1 | £9k |
| MOORE KINGSTON SMITH COMMUNITY FOUNDATION | 1 | £3k |
| THE HASLUCK CHARITABLE TRUST | 1 | £1k |
Charities like this
- HEARTBEAT TRUST UK
- HEART 2 HEART NORFOLK
- THE COMMUNITY HEARTBEAT TRUST
- HEART RESEARCH UK
- THE SUSSEX HEART CHARITY
- THE LIVERPOOL HEART AND CHEST HOSPITAL CHARITY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| LONDON HEARTS | £5.4m | — | 0 | above | — | no doubt |
| HEARTBEAT TRUST UK | £238k | — | 0 | above | — | no doubt |
| HEART 2 HEART NORFOLK | £144k | — | 0 | unclear | — | no doubt |
| THE COMMUNITY HEARTBEAT TRUST | £935k | — | 0 | unclear | — | no doubt |
| HEART RESEARCH UK | £3.4m | — | — | unclear | — | no doubt |
| THE SUSSEX HEART CHARITY | £118k | — | 0 | above | — | no doubt |