EXERCISE REHABILITATION ASSOCIATION LIMITED
The rehabilitation of people diagnosed with cardiac disease and associated conditions. The promotion of the prevention of heart disease, in particular by exercise.
Objects
THE COMPANY'S OBJECTS ARE:- (1) THE ADVANCEMENT OF THE CARE OF CARDIAC DISEASE PATIENTS IN PARTICULAR BY THE REHABILITATION EXERCISE PROGRAMME CURRENTLY BEING HELD AT THE RUSSELLS HALL HOSPITAL, DUDLEY, WEST MIDLANDS. (2) THE PROVISION OF EQUIPMENT, PREMISES, AND MONIES TO ASSIST HOSPITALS IN THE DUDLEY AREA AND ELSEWHERE IN THE REHABILITATION OF CARDIAC DISEASE PATIENTS. (3) THE PROMOTION AND ASSISTANCE OF RESEARCH INTO CARDIO- RESPIRATORY DISEASES, AND THE TREATMENT THEREOF IN PARTICULAR BY EXERCISE. (FOR FURTHER DETAILS PLEASE SEE CLAUSE 3(A) 4 TO 6 OF AMENDING RESOLUTION).
Financial health, per its FY2025 accounts
The accounts state that the charity returned to a net income of £158,747 in 2025, recovering from a deficit in the prior year, with unrestricted funds rising to £204,490. Per the trustees' report, fundraising income remains significantly below pre-pandemic levels, though clinical income streams continued as agreed and future funding for 2025/2026 has been assured by commissioners.
What the accounts disclose
“R Tipson was paid a salary of £47,151 during the year (2024- £58,300). This remuneration was approved by the charity commission.” — page 24
“Rees Page Solicitors charged the charity £673 during the year (2024- £1,193). Mr R J Ennis is a partner in the firm.” — page 24
“Action Heart (Trading) Ltd, a 100% owned subsidiary, paid the charity by way of covenant £109,555 during the year (2024- £77,410) and £12,000 (2024- £12,000) for service recharges.” — page 24
“Rees Page Solicitors charged the charity £673 during the year (2024- £1,193). Mr R J Ennis is a partner in the firm.” — page 24
“Action Heart (Trading) Ltd, a 100% owned subsidiary, paid the charity by way of covenant £109,555 during the year (2024- £77,410) and £12,000 (2024- £12,000) for service recharges.” — page 24
“Rees Page Solicitors charged the charity £673 during the year (2024- £1,193). Mr R J Ennis is a partner in the firm.” — page 24
“Action Heart (Trading) Ltd, a 100% owned subsidiary, paid the charity by way of covenant £109,555 during the year (2024- £77,410) and £12,000 (2024- £12,000) for service recharges.” — page 24
“The charity trades through a 100% owned subsidiary Action Heart (Trading) Ltd and its performance is detailed in note 12 of the accounts.” — page 4
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Dr LESLEY DORIAN DUGMORE
- PETER OWEN
- RUSSELL JAMES TIPSON
- Richard Jonathan Ennis
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £651k | £492k |
| 31/03/2024 | £450k | £513k |
| 31/03/2023 | £428k | £492k |
| 31/03/2022 | £415k | £513k |
| 31/03/2021 | £606k | £522k |
Common questions
Is EXERCISE REHABILITATION ASSOCIATION LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity returned to a net income of £158,747 in 2025, recovering from a deficit in the prior year, with unrestricted funds rising to £204,490. Per the trustees' report, fundraising income remains significantly below pre-pandemic levels, though clinical income streams continued as agreed and future funding for 2025/2026 has been assured by commissioners. Its FY2025 accounts were audited by Saxon & Co Accountants Ltd.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 09/09/2020 | £10k | Coronavirus Community Support Fund |
| The National Lottery Community Fund | 10/11/2006 | £9k | Action Heart Community Base Re-location |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| JEREMY ALEXANDER SETTLEMENT | 1 | £106k |
| THE SHERLING CHARITABLE TRUST | 1 | £24k |
| THE LAWSON TRUST CIO | 1 | £18k |
| THE JONES 1986 CHARITABLE TRUST | 1 | £16k |
| THE CHRISTABELLA CHARITABLE TRUST | 1 | £14k |
| THE ELIZABETH AND PRINCE ZAIGER TRUST | 1 | £10k |
| THE GEORGE AND ESME POLLITZER CHARITABLE SETTLEMENT | 1 | £10k |
| ST EDMUNDS TRUST | 1 | £9k |
Charities like this
- Walsall Rehabilitation and Healthy Living Trust
- WIGHT CARDIAC REHAB CHARITY
- BOURNEMOUTH HEART CLUB
- LONDON HEARTS
- SEASONS REHABILITATION CENTRE LIMITED
- THE EUROPEAN ASSOCIATION FOR CARDIO-THORACIC SURGERY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| EXERCISE REHABILITATION ASSOCIATION LIMITED | £651k | — | 0 | unclear | — | no doubt |
| Walsall Rehabilitation and Healthy Living Trust | £551k | — | 0 | unclear | — | no doubt |
| WIGHT CARDIAC REHAB CHARITY | £168k | — | 0 | unclear | — | no doubt |
| BOURNEMOUTH HEART CLUB | £405k | — | 0 | unclear | — | no doubt |
| LONDON HEARTS | £5.4m | — | 0 | above | — | no doubt |
| SEASONS REHABILITATION CENTRE LIMITED | £1.4m | — | 0 | below | — | no doubt |