INTERNATIONAL CARDIOMYOPATHY NETWORK

Registered charity 1184472 · accounts filings on the Charity Commission register · also known as ICON

Education of healthcare professionals regarding cardiomyopathy and related conditionsPromotion of research into cardiomyopathy and related conditionsEstablishment of best practice in the treatment and management of cardiomyopathy and related conditions

Causes: The Advancement Of Health Or Saving Of Lives · Get email alerts

Latest income
£40k
Latest spending
£26k
Registered
2019
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity held total net assets of £33,259 at the end of the year, comprising £33,150 in restricted funds and £109 in unrestricted funds. The trustees report that the charity remains financially secure with adequate resources to continue in operational existence for the foreseeable future. However, the charity incurred a net expenditure of £26,095 during the year, significantly reducing its unrestricted reserves from £186 to £109.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £109; policy: three months' running costs)
At 31 December 2024 the charity has a small unrestricted reserve fund but intends to increase reserves over the next 12 months. — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Cardiomyopathy UK provided governance, administrative, fundraising and accountancy support to ICoN during the year for which it was paid £15,000. Prof. Perry Elliott is the President of Cardiomyopathy UK.
Cardiomyopathy UK (registered charity no. 1164263) provided governance, administrative, fundraising and accountancy support to ICoN during the year for which it was paid £15,000. Prof. Perry Elliott is the President of Cardiomyopathy UK. Both organisations share the goal of advancing the care and treatment of people affected by cardiomyopathy. — page 8
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Belgium · France · Germany · Greece · Ireland · Italy · Netherlands · Spain · Throughout England And Wales · United States

Income and spending

Financial year endIncomeSpending
31/12/2024£40k£26k
31/12/2023£46k£105k
31/12/2022£120k£42k
31/12/2021£0£0
31/12/2020£0£0

Common questions

Is INTERNATIONAL CARDIOMYOPATHY NETWORK financially healthy?

Per its FY2024 accounts: The accounts state that the charity held total net assets of £33,259 at the end of the year, comprising £33,150 in restricted funds and £109 in unrestricted funds. The trustees report that the charity remains financially secure with adequate resources to continue in operational existence for the foreseeable future. However, the charity incurred a net expenditure of £26,095 during the year, significantly reducing its unrestricted reserves from £186 to £109. Its FY2024 accounts were independently examined.