THE WILLIAM HARVEY RESEARCH FOUNDATION
Support and promote medical research primarily through grants for research on cardiovascular disease, inflammatory disorders, and endocrine or metabolic diseases
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net surplus of £114,717 for the year ended 31 March 2025, with total net assets increasing to £663,960. Per the trustees' report, free reserves of £424,136 exceed the stated policy target of approximately £90,000 (representing 18 months' expenditure). The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“The Foundation is the majority shareholder (60%) of William Harvey Research Limited, a company limited by shares and registered in England and Wales.” — page 4
Corporate structure
- Trading subsidiary: WILLIAM HARVEY RESEARCH LIMITED Companies House 02437946
- Registered company of the charity Companies House 02472965
- Turnover: £2.3m
- Profit before tax: £170k
- Donated/gift-aided to the charity: £116k
- Contract research expenditure invoiced by QMUL: £1,776,386
“Owing to the charitable distribution in the year of £115.5k to the reserves of the William Harvey Research Foundation (WHRF), a registered charity and majority shareholder (60%) of the company”
Company officers (Companies House)
- BUCKINGHAM, Julia Clare, Professor Dame on trustee list
- PAGE, Clive Peter, Professor on trustee list
- MAGUIRE, Nicola Kay on trustee list
- CAULFIELD, Mark Jonathan, Professor Sir on trustee list
- HALL, Andrew James on trustee list
- KERLE, Kathryn Hertel on trustee list
- BUSHI, Vanela on trustee list
- GLIUBICH, Francesca Iolanda, Dr on trustee list
- BATES, Steven Andrew Ralph on trustee list
- TIGUE, Jeremy John on trustee list
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- ANDREW JAMES HALL
- Dr Francesca Iolanda Gliubich
- JEREMY TIGUE
- KATHRYN HERTEL KERLE
- Nicola Kay Maguire
- Professor Clive Peter Page
- Professor Dame Julia Clare Buckingham
- Professor Sir MARK CAULFIELD
- STEVEN ANDREW RALPH BATES
- VANELA BUSHI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.4m | £2.3m |
| 31/03/2024 | £1.6m | £1.6m |
| 31/03/2023 | £1.4m | £1.3m |
| 31/03/2022 | £1.7m | £1.6m |
| 31/03/2021 | £1.1m | £1.1m |
Common questions
Is THE WILLIAM HARVEY RESEARCH FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net surplus of £114,717 for the year ended 31 March 2025, with total net assets increasing to £663,960. Per the trustees' report, free reserves of £424,136 exceed the stated policy target of approximately £90,000 (representing 18 months' expenditure). The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Moore Kingston Smith LLP.
Who funds THE WILLIAM HARVEY RESEARCH FOUNDATION?
Funders whose own accounts filings name THE WILLIAM HARVEY RESEARCH FOUNDATION as a grant recipient include THE LORNA AND YUTI CHERNAJOVSKY BIOMEDICAL RESEARCH FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE LORNA AND YUTI CHERNAJOVSKY BIOMEDICAL RESEARCH FOUNDATION | FY2024 | £16k | |
| THE LORNA AND YUTI CHERNAJOVSKY BIOMEDICAL RESEARCH FOUNDATION | FY2025 | £4k | Other grants |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BRITISH HEART FOUNDATION | 1 | £1.7m |
| HEART RESEARCH UK | 1 | £60k |
| THE DULVERTON TRUST | 1 | £20k |
Charities like this
- FRIENDS OF THE WILLIAM HARVEY HOSPITAL
- LONDON HEART HOUSE - FOUNDATION FOR CARDIOVASCULAR RESEARCH AND EDUCATION
- THE BRITISH CARDIOVASCULAR SOCIETY
- THE MAGDI YACOUB INSTITUTE
- HYPERLIPIDAEMIA EDUCATION & ATHEROSCLEROSIS RESEARCH TRUST UK
- ASSOCIATION OF MEDICAL RESEARCH CHARITIES
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE WILLIAM HARVEY RESEARCH FOUNDATION | £2.4m | — | 0 | unclear | — | no doubt |
| FRIENDS OF THE WILLIAM HARVEY HOSPITAL | £1.4m | — | 0 | unclear | — | no doubt |
| LONDON HEART HOUSE - FOUNDATION FOR CARDIOVASCULAR RESEARCH AND EDUCATION | £229k | — | 0 | unclear | — | no doubt |
| THE BRITISH CARDIOVASCULAR SOCIETY | £3.3m | — | — | unclear | — | no doubt |
| THE MAGDI YACOUB INSTITUTE | £2.2m | — | — | above | — | no doubt |
| HYPERLIPIDAEMIA EDUCATION & ATHEROSCLEROSIS RESEARCH TRUST UK | £1.9m | — | — | within | — | no doubt |