HEART RESEARCH WALES
To promote throughout Wales research and education into the treatment and diseases of the cardiovascular system.
Financial health, per its FY2025 accounts
The accounts state that the charity's financial position is solvent with healthy reserve funds, which have increased from £139,938 to £182,482 during the year. The charity generated a net income of £42,544, primarily driven by a significant legacy donation, while charitable expenditure totaled £23,083. The trustees report that the charity has recovered from a dormant period and maintains adequate resources to support its ongoing research and patient activities.
What the accounts disclose
“Legacy - Estate of Brian Trask 59,713” — page 13
Trustees
- Dr Zaheer Yousefchair
- DR Andrew Wood
- Dr WILLIAM JOHN PENNY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £66k | £24k |
| 30/06/2024 | £9k | £8k |
| 30/06/2023 | £13k | £3k |
| 30/06/2022 | £6k | £6k |
| 30/06/2021 | £5k | £15k |
Common questions
Is HEART RESEARCH WALES financially healthy?
Per its FY2025 accounts: The accounts state that the charity's financial position is solvent with healthy reserve funds, which have increased from £139,938 to £182,482 during the year. The charity generated a net income of £42,544, primarily driven by a significant legacy donation, while charitable expenditure totaled £23,083. The trustees report that the charity has recovered from a dormant period and maintains adequate resources to support its ongoing research and patient activities. Its FY2025 accounts were independently examined.
Who funds HEART RESEARCH WALES?
Funders whose own accounts filings name HEART RESEARCH WALES as a grant recipient include FRAZER TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| FRAZER TRUST | FY2023 | £3k | Children |
| FRAZER TRUST | FY2024 | £2k | Medical and other research |
| FRAZER TRUST | FY2025 | £2k | Medical and other research |
| FRAZER TRUST | FY2022 | £2k |