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Heart Research UK

TRUSTEES REPORT &


FINANCIAL STATEMENTS
For the year ended 31 December 2016
Heart Research UK is a visionary charity that leads the way funding ground
breaking, innovative medical research projects at the cutting edge of science
helping with the prevention, treatment and cure of heart disease.
There is a strong emphasis on supporting clinical and surgical projects and young
researchers on their first steps into research. The charity also encourages and supports
original healthy lifestyle initiatives that explore novel ways of preventing heart disease in all
sectors of the community.
Message from Heart Research UK
our Chairman
2016 was a momentous year
TRUSTEES
OVERVIEW OF 2016
for Heart Research UK with
2016 was a record year for the charity mainly due to our legacy income
the charity achieving its which increased from 856k in 2015 to 2.31m. Our total income for the
highest-ever income. year was 3.18m and expenditure, including grants awarded of over 1.1m,
totalled 2.09m. Net gains on investments were 414k giving a record net
This enabled the charity to increase income of 1.5m.
funding for medical grants during the year
and to plan for even more medical This record surplus has enabled the Trustees to increase the number
projects in 2017. As we prepared for our of medical research grants in existing programmes, designate an
Anthony Knight 50th anniversary year in 2017, we were additional grant over two years of 300k to be awarded for Translational
Chairman of the funding 20 medical research projects in 16 Research Project Grants and 100k towards the new Heart Academy in
Board of Trustees centres across a wide geographical spread the coming year.
in the UK; one project, in particular
brought into focus the impact we have had in heart transplantation We now hold record reserves of over 4m which will enable the trustees
since paying for six of the first eight successful heart transplants in to significantly increase the level of future medical grants awarded.
the UK at Papworth Hospital, nearly 40 years ago. The Making Every
Donor Heart Count project at the same centre, is developing a new ACHIEVING OUR CHARITABLE OBJECTIVES
method which could increase the number of suitable donor hearts
available for transplantation. This would give more patients with Helping hearts with pioneering medical research and building expertise
heart failure the chance to live healthier, happier longer lives.
Heart Research UKs 2016 medical
The charitys aspiration to give children, either with congenital heart research grant programme fulfilled
problems or following surgery, the chance to keep their hearts the objectives set out in the medical
healthy became a reality with the roll out of our unique exercise research strategy to:
toolkit and prescription across all UK paediatric heart centres in 2016. Grant
This achievement will be enhanced even more with Heart Camps to offer attractive, innovative Programme
give these children and their families the opportunity to exercise opportunities Awards
together in a safe, controlled environment. fill gaps in medical research
Our Masterclasses gave ten young consultants the opportunity to
funding
provide the highest impact
954k
learn from experts from the Liverpool Heart and Chest Hospital, and give value for money
34 clinicians expertise in exercise prescription for children born with enhance the charitys existing
a congenital heart condition from pioneers in their field. Both classes good reputation and successes
will broaden the knowledge of clinicians and offer new techniques
and opportunities to patients across the UK. Medical research grants:
20 projects at 16 locations TRP grants 581k
Heart Research UK prides itself on fundraising ethically. We raise and across the UK NET grants 250k
spend our funds solely in the UK; receive no government grants and HRUK identifies and funds highly regarded
we are one of the few national charities based outside of London. pioneering medical research in the field of Trustee discretionary
The charity has never and will never knock on doors, stop people in heart disease. Our rigorous, gold-standard grants 39k
the street or ring to ask for donations, unless it has permission. The scientific review process ensures that we Masterclass 50k
charity always approaches people personally and does not use only fund the best research projects in
fundraising third parties. We treat people how we would like to be hospitals and universities across the UK. Children Exercise
treated ourselves. prescription 34k
The charity has two grant schemes:
Thanks to advances in treatment, helped by medical research by the Novel and Emerging Technologies Grants
charities like HRUK, more and more people cope with heart disease (NET) (up to 250k each) and Translational Research Project Grants
every day. There are, still, high risk groups, with the inability or lack of (TRP) (up to 150k each). Both schemes are popular with researchers
willingness to change and lead healthier lifestyles, who need help, and and attract applications of a high standard.
our activities are guided by these facts, our aims and objectives
and for public benefit.
Medical research grants awarded in 2016
Our aim of raised by you, helping hearts near you has paid for Novel & Emerging 26 outlines
Mr Steven Tsui, Papworth Hospital NHS
pioneering medical research and unique Healthy Heart Grants; Technologies 10 full applications
Foundation Trust
educated the experts of tomorrow; and given young patients the Grants (NET) One award: 250k
help they need to keep their hearts healthy. Our preventative and Dr Daniel Bailey, University of Bedfordshire
educational activities help all ages, communities, men and women,
understand the benefits of living a heart healthy lifestyle. This clearly Prof Paolo Madeddu, Bristol Heart Institute
demonstrates benefit to the current and future wellbeing and good Translational
24 applications
Research Prof Stuart Cook, Imperial College London
health of the general public. The full impact of these benefits may Five awards:
Project Grants
not be known for some years, but the furtherance of scientific 581k Dr Markos Klonizakis, Sheffield Hallam
(TRP)
knowledge and clinical practice is on-going and of current value. University
Prof Khalid Naseem, Hull York Medical
All our achievements in 2016 would not be possible without our School
hard-working staff, along with the help of our medical researchers, Prof Martin Thornhill, University of
community champions, ambassadors and supporters. It is their Trustees Two awards: Sheffield
commitment and dedication that has made Heart Research UK the Discretionary 34k
5k Society for Cardiothoracic Surgery in
well-respected, pioneering charity, helping hearts across the UK. Awards
Great Britain and Ireland
REPORT FOR THE YEAR ENDED
31 DECEMBER 2016
Applications for medical research grants made outside heart healthy. They also offer improved paediatric heart patient
of the normal grants rounds, which are considered to management using an individually tailored exercise prescription.
be of special importance to HRUKs aims and Following a pilot programme in 2014 in Bristol, Cardiff, Leeds, Oxford and
objectives, are reported directly to the Board of Swansea and review of the toolkit from feedback, the charity is delighted
Trustees. Such applications undergo external peer that the toolkit is now used in all paediatric cardiac centres in the UK.
review, consideration by the appropriate committee Undoubtedly, the toolkit is a success but the most positive feedback is on
and internal review by individuals on the Medical Review the impact of the unique prescription. It is invaluable in giving all those
Panels (MRPs). This system fulfils a need to deal with Prof Paolo Madeddu using it, the level of activity needed to help keep youngsters heart healthy
exceptional ad hoc funding requests and are treated as Trustees and, importantly, guidelines for home, school and at play.
Discretionary Grants. In 2016, a Trustees Discretionary Grant of 34k was
awarded to Professor Martin Thornhill at the University of Sheffield for a Unique Masterclasses helping hearts near you
project to quantify the risk of developing or dying from infective HRUK Masterclasses were introduced in 2012 to give clinicians the
endocarditis, in patients with different predisposing heart conditions. opportunity to learn about the best techniques and latest treatments for
use at their own centres around the UK.

South West 1.1m Yorkshire 2.5m


The charitys ultimate aim is to make childrens exercise prescription
Geographical common practice and available across the NHS in the UK and, to ensure
Scotland 707k West Midlands 183k that clinicians have the expertise and confidence to use it. The first ever
spread of medical
grant funding over N. Ireland 140k East Midlands 626k Masterclass in exercise prescription was held in Birmingham. It provided
an opportunity for paediatric cardiologists, specialist nurses and
the last 10 years Wales 227k East Anglia 359k
physiotherapists from specialist centres all over the UK to come together
Pioneering medical North East 207k London 2.5m in an interactive practical course to discuss exercise in congenital heart
research across
the UK North West 474k South 837k disease and learn about the physical activity toolkit and exercise
prescription form which has been pioneered by HRUK. The Masterclass
was such a success that HRUK will be holding regional Masterclasses
across the UK to ensure the widest dissemination of this information.
Peer review and feedback
The charity is very proud of its peer review process which in 2016 involved Following the success and popularity of previous aortic surgery
115 external and 24 internal reviewers. The internal reviewers are Masterclasses, a third was held at the University of Liverpool, led by the
members of the charitys two high-calibre, expert MRPs. The funding expert team of consultant cardiac surgeons from Liverpool Heart and
decisions of the MRPs are aided by the opinions of national and Chest Hospital. Accredited by the Royal College of Surgeons of England,
international external reviewers who are chosen because they are highly the course gave 10 cardiac surgeons the unique opportunity to gain
regarded, notable experts in their field. Each project is typically assessed hands-on experience of total aortic arch replacement. Aortic arch
by a minimum of three external and two internal reviewers. We are surgery is rarely encountered by the majority of cardiac surgeons and
indebted to all our reviewers as, without their help, HRUK would not patients across the country will benefit as more surgeons gain the
have such a robust, thorough peer review system. expertise to carry out this lifesaving operation.

Also, the charity has an open and transparent system for providing
feedback to all applicants, to help them improve their research proposals
and future chances of funding.

HRUK is a member of the Association of Medical Research


Charities (AMRC) and its medical research strategy, peer
review and terms and conditions conform to AMRC
recommendations. Every five years, the AMRC carries out an
audit of all members grants-selection processes, enabling
both AMRC and members to demonstrate a commitment to
the highest standards of accountability and probity in
allocating grants for research. HRUK passed the 2015 audit and received a
certificate of best practice in medical and health research peer review. Unique Masterclasses helping hearts near you

Progress reporting SUPPORTING THE EXPERTS OF TOMORROW


Medical grants usually last up to three years, during which time the grant
holders are required to submit annual and final grant reports. Progress HRUK Aortic Surgery Fellowship
reports are reviewed by the relevant MRP and outcomes of the project are The Aortic Surgery Fellowship, awarded in 2015,
reported to the Board of Trustees. Grants awarded are usually drawn gave trainee cardiothoracic surgeon, Mr Omar
down on a quarterly basis upon receipt of an invoice from the host Nawaytou, the opportunity to work with, and learn
institution and on the condition that the required reports have been from, a team of experienced consultant
submitted to the charity. Researchers are required to give details of cardiothoracic surgeons at Liverpool Heart and
scientific publications, conference presentations and other Chest Hospital. Aortic surgery is a highly
dissemination of their research and to keep the charity informed of any specialised and complex field of surgery and
intellectual property matters which could lead to opportunities for during the 12 month Fellowship, Mr Nawaytou
commercial exploitation. gained unparalleled experience of different aortic
operations, and the skills and expertise to carry
Mr Omar Nawaytou
Exercise prescription for children with congenital out these lifesaving operations. Also, he became
heart disease across the UK proficient at reviewing new patients , deciding on their management plan,
Our unique exercise toolkits provide pioneering exercise guidance for was responsible for the aortic patients in intensive care on the wards, and
youngsters with congenital heart disease or after heart surgery, to keep was first on call for emergency aortic cases.
The Fellowship has now ended and, in 2017, Mr Nawaytou will take up Even though the messages about living a healthy lifestyle, especially
an appointment as a locum consultant aortic surgeon at Liverpool healthy eating, being active and not smoking are available from many
Heart and Chest Hospital, joining the team of surgeons who have sources and well-publicised, it appears that they are not having the
been his mentors during the Fellowship. desired effect. The direct link of lifestyle to cardiovascular disease is well-
established and these trends continue to be a major problem in the UK.
EXSEL scholarships HRUK is playing its part, trying to overcome ingrained habits and attitudes,
HRUK continued to sponsor the Excellence in Scholarship, Enterprise to combat heart disease.
and Leadership (EXSEL) programme at the University of Leeds School
of Medicine, giving two more undergraduate medical students the Our healthy heart activities do not give general healthy living advice, they
opportunity to take part in medical research projects in 2016. disseminate dedicated heart advice and information that impacts on all
ages, diverse communities, public and private workplaces and the general
Sharing our success public. Many of our HHGs work in partnership with other charities and
It is essential that medical research findings are published in voluntary organisations, providing valuable expertise and experience to
scientific journals so that scientific discoveries can be shared with promote our healthy heart message.
other researchers and advance scientific knowledge. It also gives
the work credibility and demonstrates the quality of the research. HELPING HEARTS IN THE COMMUNITY
HRUK-funded projects which ended in 2016 resulted in 33
publications in journals including The Lancet, Journal of HRUK Healthy Heart Grants:
Antimicrobial Chemotherapy, Stem Cells and Development, Total awarded since inception 1.5m
Progress in Biophysics and Molecular Biology, Archives of Disease in Six awarded in 2016 totalling 50k (211 applications)
Childhood, Heart and European Heart Journal. Our HHGs, in all areas across the country, help communities help
themselves to live healthier, happier, longer lives. Every age group, men,
Medical research findings are also presented to other scientists at women and children from different backgrounds, diverse communities
international conferences. Findings from projects which ended in and target groups have benefited and the charity is proud of its unique,
2016 resulted in 68 presentations by our grant holders at scientific innovative, grants programme.
conferences in the UK, Ireland, France, the Netherlands, Germany,
Switzerland, Greece, Italy, Belgium, Sweden, Turkey, Russia, Israel,
Taiwan and USA. Scotland 69,282 Midlands 180,898

In 2016, in line with good practice, the Medical Liaison Committee Healthy N. Ireland 51,762 East Anglia 14,802
reviewed the medical research strategy. It concluded that HRUKs Heart Grants Wales 63,131 London 120,744
programme of NET and TRP grants, Masterclasses and the provision 2006 - 2016
of childrens exercise prescription fulfils the charitys objectives and North East 52,590 South 158,306
aims. It also allows the charity to meet its aim of being pioneering
and innovative, helps to differentiate HRUK from other charities,
1.5m North West 213,226 South West 83,709

enhances the charitys reputation and demonstrates Public Benefit. Yorkshire 503,152

NET and TRP Grants are very successful, popular, good value for
money and fulfil the purpose for which they were intended. The Project Target group
charity receives acceptable numbers of good-quality applications;
have high-calibre expert panels; a robust peer review process and a Helping Hearts School Workshops, South Tyneside
8.4k Families
Lifestyle Choices CIC
successful system for giving feedback to applicants. The provision
of PhD studentships, Masterclasses, the Aortic Surgery Fellowship Lifeguards, Willowfield Parish Community
10k Children
and EXSEL Scholarships enables the charity to fulfil its educational Association, Belfast
aim to enhance knowledge and expertise. Families Fit2Go, Blackpool Football Clubs
10k Disabled children
Community Trust, Blackpool

Lifestyle facts Watching the Beats, Inspiring Audio CIC, London


Little Manor Hearts, Newham Aston - Mansfield
5k Children
7.6k Children
Nearly 30% of adults in the UK have high blood pressure and 50% Drop the Beat, Wigan Warriors Community, Wigan 9k Children
are not receiving treatment
Over half of adults in the UK have elevated blood cholesterol levels An innovative approach to teaching a healthy heart lifestyle was the
Healthy Heart Grant project in South Tyneside that featured a biology
Nearly one in five adults, up to 10 million, smoke cigarettes in class with a difference, given to 720 year 5 pupils who saw heart
the UK
dissections and explored the anatomy and physiology of the heart. The
Around 100,000 smokers in the UK die from smoking-related special classes taught them how the heart works and the damage that can
causes each year, 22,000 from cardiovascular disease be done to our hearts by smoking and living an unhealthy lifestyle.
Around 25% of adults in the UK are obese and more than a third
are overweight (using BMI) HRUK and Subway Healthy Heart Grants:
An estimated 30% of children in the UK are overweight or obese Total awarded since inception 655k
13 grants awarded in 2016 totalling 105k (248 applications)
An estimated two out of five adults in the UK do not do
recommended levels of physical activity
Scotland 49,182
Only 25% of UK adults and 20% children eat five portions of
fruit/vegetables per day N. Ireland 69,520

Over 25% of women in the UK regularly exceed national


Subway Wales 62,492
guidelines for daily alcohol intake
North East 47,450
Outdoor air pollution has an effect equivalent to tens of Healthy Heart North West 51,293
thousands of premature deaths in the UK each year, with a
significant impact on cardiovascular health Grants Yorkshire 58,218
2009 - 2016 Midlands 55,584
Helping hearts in schools, at work and East Anglia 43,252
in the community
Healthy Heart Grants (HHGs); schools talks, health fairs, workplace
655k London 48,150
initiatives, including the Healthy Heart Mark, website pages and South 74,665
literature fulfil our objective of practical help with the prevention
South West 94,997
and treatment and the rehabilitation of those with such diseases.
Project Target group
Healthy Hearts Through Basketball, Dunfermline
9k Children
Reign Basketball
Heart of a Lion, Bath Rugby Foundation 10k Children
Hearty Appetites, Middlesbrough Environment City Trust Ltd 4.2k Families
Healthy Heart, This is Creative Enterprise CIC, Newcastle 5k Children
Heart Pace, Engage Youth Empowerment Service (EYES),
10k Children
Wolverhampton
Healthy Schools Roadshow, Plymouth Raiders Foundation,
9.5k Children Drax Power Ltd receiving their Healthy Heart Mark Gold Award
Plymouth
Better Heart, Longer Life, Reading FC Community Trust,
7.2k Children 1,005 individual Healthy Heart checks were given to employees, as well as
Reading
specialist sessions and talks; quit smoking events and healthy eating
Healthy Heart Schools, Hendon FC Supporters Society,
8.5k Children workshops, across the UK. The HRUK Healthy Heart Mark does have a
London
lasting effect. Damart, our first Healthy Heart Mark Employer, achieved
Support 4 Your Heart, Support 4 Sight, Saffron Waldron 10k Disabled adults the Gold standard in 2010, and has continued to maintain healthy heart
Wheelie Fit Heart, Halifax Wheelchair Tag Rugby Club 4.1k Children activities in their two sites for the six years since their award.
Football Vs Heart, Leisure Leagues Northern Ireland CIC,
10k Public
Downpatrick HELPING HEARTS AT SCHOOL
OitC Primary Education Programme, Ospreys in the School talks: 89 talks to 5,694 pupils at 33 schools
8.1k Children
Community, Swansea All the charitys school talks in 2016 were funded by two of our corporate
KidzFit, Wings South West, Bideford 9.1k Young adults partners and one Charitable Trust. Since it started, our Schools Talks
Programme has reached over 55,000 children.

Helping hearts sports clubs Partner


Simplyhealth
Talks
26
No. of pupils
2,797
Many HHGs are delivered through sports clubs charitable foundations DS Smith UK Packaging 36 1,233
Bath Rugby Foundation | Blackpool FC Community Trust No Limits Charitable Trust 15 in Wales 934
Hendon FC Supporter's Society | Ospreys in the Community No Limits Charitable Trust 12 in Yorkshire 934
Plymouth Raiders Foundation | Reading FC Community Trust
Wigan Warriors Community Foundation Celebrating ten years of the healthy heart Brownie badge
3,072 Brownies from 128 Brownie packs worked to gain their healthy heart
Information and advice badge bringing the total since 2007 to 43,972 Brownies in 1,871 packs
The charity has videos on diet and the heart, exercise and the heart and across the UK.
smoking and the heart, all available on YouTube. HRUKs healthy heart
lifestyle leaflets on the heart and blood pressure; fats; exercise; healthy RAISING AWARENESS OF HEART
eating; cholesterol, women, stress, diabetes, dental health, smoking and a
leaflet for South Asians have been widely distributed. RESEARCH UK Free coverage worth over 761k
145,000 website visits | 31,000 direct
114,000 indirect | 76% new visitors
281,000 page views | 61% male / 39% female

8,300 Twitter followers | 7,300 Facebook likes


One post reached 68,000 people | Facebook groups:
aortic dissection and endocarditis

271 press releases | 1,118 articles in 341 publications


44 national publications | 44 national articles
714 regional articles | 352 online mentions
18 radio interviews | 6 TV appearances
Helping Hearts in the community Healthy Tips: 380 mentions in 108 publications

Campaigning Further progress was made in 2016 raising Heart Research UKs Helping
HRUK joined forces with online furniture retailer, Matalan Direct, to run a hearts near you emphasis, particularly using different communication
Together at the Table campaign. Findings showed that only 36% of methods. Social media figures and reach increased. Twitter followers
households regularly eat together at the table while 20% say they never sit went up by 18% and likes on Facebook up 13%. This helped to drive traffic
down and share a meal together. to the website, with the top page views being the Subway Helping Hearts
Family 5K; Sing for Your Heart and Events. This is due to boosted content
The #Lovinghearts womens campaign, in partnership with Damart, involved allowing us to communicate to an audience wider than our own Facebook
a survey to highlight the degree of awareness and understanding among likes. One Great North Run boosted post reached 68,000 people.
women of the clinical and lifestyle risk factors associated with coronary heart
disease. Over 4,000 women aged 18 + completed the survey giving us We have introduced Facebook community groups to bring together those
insights into womens knowledge of heart health and a healthy lifestyle, and affected by a specific condition Aortic Dissection (AD) and Endocarditis
their perceptions of the risks of heart disease for women. - or involved in an event such as Swim the Channel and the Great North
Run. The AD group, formed after receiving an influx of calls from people
who had been affected by the condition, has been particularly active. It
HELPING HEARTS AT WORK has brought people together who have a passion of wanting to do more
Healthy Heart Mark: 16 employers across 37 sites and it is an ideal platform for them to meet others affected and to share
The Charitys Healthy Heart Mark is a popular, recognised project for their stories.
companies to encourage their employees to live a Healthy Heart lifestyle,
starting with changes at work. Two companies achieved their bronze HRUK continues to build more relationships with local, London and
award, eight their silver award and Drax Power Limited gained their gold national media who now contact the charity more often for comments,
award. articles and case studies.
We have achieved strong coverage through the use of our quotes on Our youngest
national health issues including Childhood Obesity Strategy, Tescos plan ambassador, and
to provide free fruit at checkouts for children and supermarket offers on star fundraiser,
unhealthy food but not on healthy food. Our strong line about the eight-year-old
Governments obesity strategy failing a generation was covered widely in Amber Buckle, was
regional newspapers. honoured with the
Young Fundraiser
Promotion of the Subway Helping Hearts Family 5Ks gained a number of of the Year Award
articles in local papers and on radio which encouraged record at the Yorkshire
attendances last year with thousands of participants at the events. Children of Courage
Awards presented
In 2016, the largest value for one press release picked up by the press was by BBCs Steph Amber Buckle receiving the Young Fundraiser
452k, covering Prof Ken Suzukis TRP grant investigating whether a McGovern. of the Year Award
naturally-occurring chemical can stimulate particular cells in the heart to
help repair damaged tissue which could in the long term pave the way for Pulse magazine
a new treatment for heart attack. As he said: As well as having great HRUKs magazine, Pulse, was sent to 32,000 supporters, researchers,
potential benefits for heart attack patients, this project may also provide hospitals, rehabilitation centres, companies and health-related public
important new medical and scientific knowledge to help understand this bodies. 2016 saw a monthly e-newsletter giving a more widely distributed
unique heart cell type and its role in the repair of the heart. There is still a update on the charitys activities to over 11,000 contacts.
long way to go, but if we are able to effectively repair damaged heart tissue
this could potentially be a new treatment for those who have had a heart
attack.
WORKING WITH OTHERS
Corporate partnerships
In Central England, Family Life Club magazine with a readership / HRUK has a policy of not endorsing products, but the charity does give
subscription of 30,000, chose to support HRUK with quarterly articles. In support to initiatives that increase its national awareness and profile, and
2016, Brindleyplace, the Birmingham business hub which houses over 40 promote heart health. Before any partnership is considered, it is assessed
companies and 14,000 employees, featured the charity in its quarterly against a protocol for partnerships that assess the feasibility, risk and
magazine (The Mix) throughout the year with full page articles highlighting compatibility with HRUK objectives and suitability to ensure that there is no
events and projects in the region. detrimental effect to our reputation or fundraising potential. Robust risk
assessment ensures that only suitable and best value partnerships for the
Discussions on a range of topics from Aortic Dissection Day to the Make charity are established. Agreements are only entered into after in-depth
a Will Month took place with local radio stations throughout the UK. negotiations to make sure both parties aims are compatible,
complementary and there is true mutual benefit. This ensures transparency

National coverage
and integrity in all partnerships.

The charitys most


All Together Now | Bella | Caravan Industry | Casual Dining | rewarding partnership
Dental Nursing | Devizes Gazette & Herald | Evening Telegraph | with Subway stores,
Evening Times | Financial Adviser | Fishing News | f s magazine | supports consumers
International Therapist | Jewish Telegraph | Mother and Baby | choice of a low fat sub, as
My Weekly | Natural Lifestyle | NHD Nurse Prescribing | a healthier option in their
stores. This well-crafted
Occupational Health & Wellbeing | Outdoor Fitness (Main) |
partnership ensures
Parent Talk | Research Fortnight | Spirit & Destiny | Sunday Express |
transparency and
Swimming Times | The Caterer | The Daily Telegraph | integrity as all money
The Scotsman | The Sun | The Taster | The War Cry | Weekly News | raised by Subway store Subway Helping Hearts Family 5K
Woman's Own | Woman and Home | Work Out | Your Healthy Living collection boxes and sponsorship from participants in Subway Helping
Hearts Family 5K fun run is spent on local, community Healthy Heart
Grants. There were 13 HRUK and Subway Healthy Heart Grants in 2016,
HRUK ambassadors bringing their total to 77 since the grant programme began.
Celebrity ambassadors helped the
charity promote various campaigns or to Simplyhealth and DS
highlight stories. Boxers, Paul Silky Smith UK Packaging
Jones led the skipping in Sheffield and continued to help the
Tommy Frank, ahead of his first-ever charity to develop and
professional fight, encouraged deliver novel, bespoke
youngsters to exercise after heart presentations in schools.
surgery. Rugby League star, Adrian Purtell, It is important to us that
has run, swum and talked for HRUK. DS Smith sites see this
as a way of helping
ITV morning show cook, Sally Bee, who hearts near their sites,
became a HRUK ambassador after which fits in particularly
surviving three heart attacks, featured in with: raised near you,
the Damart catalogue showcasing a 3 in 1 helping hearts near you. DS Smiths healthy heart football tournament
jacket. As each one sold, 4 was donated
to HRUK. Sally also helped promote the The DS Smith healthy heart football tournament, now in its third year, is a
Womens Survey with Damart with the firm fixture in the calendar with the Louth site winning in 2016. It is hugely
media. She encouraged other women to popular with DS Smith employees, attracting 24 site teams each year.
take part in the survey, with the aim of
getting women over 40 to think more Damart, a leading womens catalogue company, based in Bingley, ramped up
about their heart health and said: "I Tommy Frank their support by joining HRUK in a campaign to promote awareness of heart
encourage women to take part in the survey because the more disease in women. #Lovinghearts survey was sent to Damarts database
information we have about the perception women have of their lifestyle which reached 275,000 contacts.
and heart health the better we will become in addressing it."
Beaverbrooks the Jewellers has supported HRUKs Treasure Your Heart
Sally was also a keen advocate for our Together at the Table campaign (TYH) collections for over 18 years, encouraging its staff to support the
with Matalan and she has created healthy recipes for My Weekly magazine campaign by distributing TYH envelopes and using their stores as collection
and Albert Bartletts website. points nationwide.
coalition of patient groups, research organisations, medical device
manufacturers and clinicians set up to promote the uptake of medical
technology. It is seen as an expert group, is often asked for comment by
national media and specialist publications, runs campaigns on specific
topics and regularly engages with Parliamentarians, the NHS and clinicians.
The highlight of the year was the Medical Technology Week with a
Parliamentary reception in the House of Commons, with MPs, Members of
the House of Lords and representatives from the NHS, charities and other
health organisations, chaired by HRUKs Chief Executive. This role has
brought recognition and kudos to the work of HRUK, especially our research
with medical devices.

Most HRUK partners have been associated with the charity for a number
Healthy heart corporate walk - Leeds of years reflecting mutual loyalty, responsiveness and enthusiasm for the
charitys brand. HRUKs thanks go to all these organisations and many
HRUK held its second Healthy heart corporate walk in Leeds city centre. It others for their support.
attracted businesses of all types and sizes who went on to support the
charity further, as well as encouraging employees to reclaim their lunch HOW WE RAISED MONEY
break, and to use it as an opportunity to exercise and de-stress.
Raised by you, helping hearts near you
Aortic Dissection awareness day
Teaming up with our Aortic Dissection Facebook group, Aortic Dissection
Buddies and Aortic Dissection Awareness UK, we held the first-ever global Raising a
aortic dissection awareness day, hosted by Consultant Cardiac Surgeon, 16,025 48 total of over
individuals companies
Professor John Pepper, at the Royal Brompton Hospital. On the same day,
other members of the group met with Prof Aung Oo at the Liverpool Heart supported
us in 2016
696k
and Chest Hospital to raise awareness of the condition in the northwest.

Support for our Midlands office Set out below is detailed information on the various categories of
Our office in Birmingham is looking forward to celebrating its tenth voluntary income, excluding legacies.
anniversary in 2017 and 2016 saw further consolidation of their activities.
Donations
Waitrose in Harborne, Birmingham, in recognition of its long standing The total includes general donations of 6.4k, which cannot be allocated to
support for our Midlands office, nominated HRUK as their favourite charity specific appeals or campaigns; payments by individuals through payroll
and we received four tickets to Her Majesty the Queens Birthday Party at giving and regular contributions of 40k and Treasure your Heart and other
Windsor. Company Directors from new HRUK partner, BMG Research, collections, of over 20k.
represented HRUK at this event.
Donations in memory which are often from funeral collections or given in
For the second time, Elonex, a digital advertising company and a generous lieu of flowers, rose 20%, bringing the total to 114k in the last six years.
Midlands office supporter, gave HRUK free advertising space promoting the
charity which was seen by over 4 million motorists and the public on the A38 In Memory funds are set up by relatives and friends following the death of a
Aston Expressway in Birmingham. This coverage would have cost 28k on loved one and can last for many years. They can start with an initial donation
the open market. in lieu of flowers or a specific event which is then added up to give a larger
fund. The Nick Bill Memorial Fund has been holding events for over eight
The NCP Healthy Heart floor celebrates its 7th year at the Dalton Street site years. Ethans Gift in Birmingham, established six years ago, helps to fund
in Birmingham city centre. The busy car park is used by thousands of projects at Birmingham Childrens Hospital. In 2016, seven In Memory funds
shoppers and business people working in and visiting Birmingham. The dedicated to loved ones were set up. The families of Tim Barker, Neil Barlow,
healthy heart floor is very popular with all age groups and sends out an Tracey Gray, Mark Brodrick, Tim Fleming and Robert Hill joined those of Lee
encouraging message to use the stairs and promote the heart health David Rawlings, David Bond, John Sims and Mick Grainger from 2015.
benefits.
HRUK are very proud of the Barry Sawbridge Memorial Fund set up in
Other charities and organisations memory of our long-standing supporter by his son, Craig, who vowed to
The charity was the lead charity partner with National Obesity Awareness continue raising money for HRUK on behalf of his father. Craig has also
Week and supported Consensus Action on Salt and Health (CASH) at their replaced his father as an ambassador for the charity.
National Salt Awareness Week. HRUK is one of the founding charity partners
of Action on Sugar and members of our Lifestyle team attended their Ash Frisby made a 20k donation in memory of her husband, Miles Frisby,
Parliamentary reception. who tragically died of infective endocarditis. This money specifically
supported a new project looking at the patient groups most at risk of this
HRUK also signed up to membership of condition.
the newly-formed Obesity Health
Alliance, a coalition of over 40 leading Events
charities, Royal Medical Colleges and The 2016 figure was down on the previous year with some events doing very
campaign groups working together to well. In particular, our relatively new event, Swim the Channel raised over
share their expertise, and support the 14.6k. Great North Run participants really went the extra mile in 2016 and
Government in tackling the complex collectively raised 17k, 6k more than 2015. 4.25k of the total was raised
issues of being overweight and obese by Mark Davison, who took on this challenge following his fathers heart
in the UK. problems, treated with the implantation of five stents.

The Lord Mayor of Leeds chose HRUK As part of a one-off event, Day in the Dales, HRUK held the last ever
to be one of his charities in his 2016/17 Yorkshire Three Peaks Challenge which raised 16.5k. The day saw families
mayoral year, with a target of 15k. He getting together to enjoy stalls, games, nature walks and outdoor activities
began his year by being locked up in a with a backdrop of the stunning Yorkshire Three Peaks.
Victorian jail; he was finally bailed with
donations from the public. Lord Mayor of Leeds The London Marathon contributed over 55k, despite there being fewer
runner than in 2015. The top runners were Jessica Sanderson who ran on
Medical Technology Group her 30th birthday, raising 4.2k and Victoria Grainger who raised 3k in
HRUKs Chief Executive, Barbara Harpham, continues to generate interest in memory of her father, Ken. Victoria went on to skydive for us in 2016,
the charity through her Chairmanship of the Medical Technology Group, a raising 368.
The annual Sing for Your Heart event hit the high notes with choirs in train All the charitys long-term partners continue to be a significant and reliable
stations, schools, pubs, shopping centres and supermarkets raising 9.5k source of income for HRUK. Caravan Guard Insurances 1 donation from all
for HRUK. paperless policies amounted to 15k, bringing their total since 2008 to 60k.
DS Smith UK Packaging raised over 50k in the year, including 45k from their
Aortic Dissection Facebook Group unique Bike, Paddle, Run Challenge, a triathlon of a lifetime stretching 289
This determined, passionate and dedicated group raised 18k in 2016, miles from Brussels to London braved by their Director team, coupled with a
bringing their total to 23k over two years to pay specifically for the Step Challenge by staff across all of their UK sites.
Masterclass in major aortic arch surgery.
Subway: Another excellent year in 2016: 155k
Treasure your Heart 180K
The collection of recycled jewellery did very well in 2016, raising 20k, five 83k 73k
Subway Donations 2009 - 2016 73k 82k
160K
times more than in 2015. HRUK are extremely grateful to WI groups across Total raised: 884k 82k
the country that gather old, broken and unwanted jewellery from family and 140K 49k
friends and have helped HRUK raise 458k in 20 years.
120K
86k 64k
Make a Will Month 90k 90k 90k 4k 18k
100K
The first national campaign saw solicitors across the UK waive their usual Will
writing fee in return for the client making a donation to HRUK. The campaign 80K
did well in its first year, attracting over 7k in donations.
60K
Trusts and Foundations 40K
The charity were supported by Trusts and Foundations in 2016. Together,
they donated nearly 37k and contributors included the Yorkshire Charity 20K
Ball, the George A Moore Foundation and the Charities Aid Foundation.
0K
2009 2010 2011 2012 2013 2014 2015 2016
Dormant accounts Subway Stores Subway Helping Hearts Family 5k series
This new source of funds saw 7.2k collected from solicitors across the UK.

Local Events
All over the UK, supporters organise events and collections of their own and
Helping heart companies
choose HRUK as the charity to benefit. In 2016 we saw groups, individuals adi Group | Albert Bartlett | Allied London | Arkade Property | Asda |
and families get involved in run and cycle events, family fun days, marathon Avery Walters | Barclays | Badrilla | Berrys Solicitors | Blacks Solicitors |
walks and even a charity garden festival. Some set up in 2015 have now Blue Square Marketing | BMG Research | Brindleyplace | Calders |
become annual events. The Barlow family held a music event on May Bank Caravan Guard Insurance | Clubit tv | Cohen Cramer | Comply Direct |
Holiday, took part in the Manchester 10K and also fundraised at their places Co-op | Damart | DS Smith UK Packaging | Easy Fundraising Group |
of work, resulting in a 7k total. ECS | Eipc | EKV Design | Emerald Publishing | Fish Insurance |
Forbes Solicitors | Intapp | Involve | JRA Research | Kerridge Commercial |
Special mention must be made of the Great Yorkshire Bike Ride which
Systems Ltd | Lawcris Panels | Lloyds Bank | Longdens |
donated 12.7k, bringing their grand total over the last 20 years to
over 263k. LV | Made in Leeds | Micro Businesses | Morrish Solicitors |
Mums Masala | Nationwide Building Society | NAVA Training | NCP |
Thank you for Helping hearts near you NISA | National Laundry Group | Open Creates | Opia | Orbit Group Pacific |
Unlike some charities, HRUK does not receive government funding. All Nurseries | Pharmacy2U | Piccolinos | Premier Planning | Pullans RBS |
fundraising depends on individuals, Trusts and Companies who choose Redmayne Bentley | SSE | Steele Smith | Towergate |
HRUK as their charity. The number of supporters grows each year, helped Triton Construction | TSB | UKAR | Waitrose
particularly in 2016 by the charitys emphasis on raised near you, spent near
you and the charity very much appreciates everyones contribution to its HRUKs partnership with Subway is, financially, our most successful
success. Choosing Heart Research UK ensures that the charity continues to but we also acknowledge that support from all corporate partners is
help people live healthier, happier, longer lives. invaluable. Heart Research UK thanks them for choosing the charity
and the encouragement they give through their donations and gifts in
kind.
COMPANY GIVING: 325k
Businesses choose to support HRUK for many reasons but mainly because Midlands regional office
its partnerships can be tailored to suit the business size and culture. The The Midlands area is a particular target for the charity because of a high
charity offers a healthy heart partnership which actively helps to improve incidence of heart disease; the diverse communities; a history of projects
heart health, decrease stress and encourage greater productivity. In some at universities and hospitals in the area and the potential for growth.
cases, partnerships are created because there is overwhelming support for HRUKs regional office in Birmingham has had another good year, raising
the charitys work. over 100k. True to the raised by you, helping hearts near you, emphasis,
money raised in the Midlands is spent there, particularly, on a special
2016 saw new corporate support project at the Birmingham Childrens Hospital for a medical research to
from a variety of companies helping study exercise capacity and cardiovascular function in children born with
the charity in different ways from only one ventricle in the heart.
international team challenge events
to attempting a world record. The In 2016, the charitys regional office built on previous successes and
Allied London Leeds Dock Dragon obtained a number of new corporate supporters and individuals for HRUK
Boat Race saw 11 businesses row in the Midlands. The highlight of the year was the Premier Planning Plc,
their hearts out at the Waterfront Battle of Hastings Anniversary Lunch, which raised a record-breaking
Festival for 5.5k. Blacks Solicitors 35k, the highest single amount ever raised at an event for HRUK in the
supported for the second year Midlands.
running and donated 4k from Leeds Dock Dragon Boat race
cycling 62 miles on a seven-seater conference bike at the Yorkshire Mafias EKV Design announced that HRUK would be their ongoing charity partner
Heart of Sportive event. Primal Gym took on a Guinness World Record following 4.6k raised at their first-ever charity dinner in October 2016.
challenge for HRUK with a 24-hour row, raising 5k. The Castle Bromwich Singers achieved their best fundraising year raising
3.6k.
Long-term partners, Damart, sponsored our Day in the Dales which included
the 20th anniversary of the HRUK Three Peaks Challenge and also donated 2016 World Champions, the John Carey Academy of Irish Dancing,
4 from sales of a coat giving a grand total of 7k for 2016. Insurance firm, LV, performed at a fundraising event in Birmingham, sponsored by BMG
gave another 10k, bringing their three-year partnership to 30k. Research and raised 3.5k.
2016 EXPENDITURE: 2.4m

Cost of raising funds 472k


HRUK 2016
Charitable activities 1.37m
Expenditure
Charitable activities
2.4m - other costs 461k
Governance costs 97k
adi football tournament

The adi Group announced their choice of HRUK in the Midlands as their
charity partner at their 25th anniversary celebration and raised 5k at the The charity continues to keep a tight control of expenditure and expended
event. Following their most successful year of fundraising in 2016, raising 4.64% of its total expenditure on governance costs in 2016.
15k for the charity, the company nominated HRUK in the Midlands as their
chosen charity for 2017 - 2018, In 2016, grants awarded amounted to 1.11m (1.07m in 2015); 954k on
medical research grants and 155k on Healthy Heart Grants. Grants not
The DS Smith UK Packaging site at Louth ran the annual DS Smith Healthy taken up by grantees for reasons outside the charitys control from previous
Heart Cup Tournament raising 4.5k. Another new area for fundraising was years, and no longer required, amounted to 72k (62k).
from dormant client accounts which raised 6k from three law firms, Wilson
Browne, Northampton; Broomhall & Co, Birmingham and Quality Solicitors HRUK has a 15% ratio of costs to income generated which is much lower than
Davisons in Edgbaston. the previous year due to our significant legacy income.

For the last ten years, stalwart supporters, Waitrose in Harborne, Sutton 2016 INVESTMENTS: 4.96m
Coldfield, Solihull, Birmingham City Centre and, new in 2016, Four Oaks, have
continued to donate by choosing HRUK in the Midlands as one of their HRUK aims to achieve a balanced return of income and capital growth from
charities of the month, more than twice a year, and encouraged shoppers to its investment portfolio.
donate at Christmas and Easter. The total for 2016 came to 3k.
The market value of the portfolio as at 31 December 2016, was 4.96m,
Gifts in kind compared to 4.18m in 2015. This increase relates to stock market
The Midlands office is especially grateful to the many companies that have movements together with an additional contribution of 600k for
given gifts in kind to help with charitable events auctions, hampers and investment. The Trustees have delegated discretionary powers to the
raffles throughout the year. A special thanks to the many companies which charitys investment advisors, J M Finn & Co, whilst retaining control over the
included Arsenal FC, Aylesford Golf Course, Bank Restaurant, Barbour, investment policy and monitoring of investment performance on a quarterly
Bassets, Blue Spice Apartments, Cyprus, BMG Research, Cadburys, basis through the investment committee.
Clairefontaine, Devere & Co, Elonex Digital Design, Forest of Hearts, Garmin,
Golden Bear Toys, Great Barr Golf Club, Jon Manship Records, Kim Bailey The other assets of the charity, amounting to 1.75m, at 31 December 2016,
Racing, LOreal Luxe, Mrs Darlingtons & Daughters, Pacific Nurseries, Park (724k in 2015) reflects the high-level of income from legacies and were held
Regis Hotel, Premier Planning PLC, Sainsburys Kings Heath, Sekonda, mainly as bank and deposit balances to support the charitys activities.
Simon Carter of London, Sue Howells, Team UKi, Time Products (UK) Ltd,
Virgin Atlantic Airways, Hilton Metropole, Lyceum Theatre, Waitrose, Over the year to the 31 December 2016 the main Heart Research UK
White Horse, Harborne. investment generated a total return of +12.9%, compared to the WMA
Income Index comparator return of +14.9%. Over the same period the FTSE
All-Share Index gained +16.8% and the FTSE UK Gilt Index +10.1%. Over the
2016 INCOME: 3.18m longer term the Heart Research UK investment portfolio has generated a
total return of +140.4% over the past 11 years, whilst the 11 year annualised
return now stands at +7.0% per annum. Both returns are ahead of the
comparator (all figures in total return are net of fees).
Others 6k Trusts 37k
HRUK
2016 Income Legacies 2.3m Events 130k RESERVES
Donations 98k In Memory 31k
The charitys reserves at the end of 2016 were 4.3m. The balance held as
3.18m Trading 33k Investment 149k unrestricted funds at 31 December was 4.12m. Actual minimum
requirements for the 18 months operating costs totalled 1.5m. The current
Corporate 325k Local Events 69k
level of reserves is therefore higher than is needed but this figure will reduce
in the current year due the higher level of grants to be awarded and new
activities in the 2017-2019 strategy.
Legacies: 2016 was the best year ever for legacies. HRUK is always
appreciative of any bequests received, large or small. HOW WE LOOK
AFTER OURSELVES
Corporate income: Corporate income increased to 325k from 280k
in 2015 and included another record sum of 154k from Subway Store Strategy and risk
collections, together with sponsorship and entry fees from the Subway Three-year strategy
Helping Hearts Family 5K series. 2016 was the final year of a three-year strategy which focused on our
emphasis on Helping hearts near you. Throughout the year, reports to
Investment income: This was similar to the previous year. the Trustees gave an update on the charitys work and how this achieved
our strategic aims. Our new 2017- 2019 strategy has been approved by
Event income: The total events figure was slightly down due to fewer the Trustees.
places in the London Marathon and a disappointing Day in the Dales.
Managing risk
Donations: These increased from 59k in 2015 to 97k due mainly to the The Board of Trustees fully recognises its responsibility for risk
Make a Will campaign, dormant accounts and the best year for Treasure your management and the audit committee is charged with identifying,
Heart for four years. assessing and minimising the major risks, based on the charitys exposure
to likely occurrences and their potential impact. Members of the
In Memory Funds: These include both In Memory donations, in lieu of committee include Trustees and an independent non-Trustee. They are
flowers, and In memory Funds set up by relatives and friends as a lasting also advised by the senior manager responsible for health and safety and
legacy of their loved ones. employment matters.
During the year, the Committee conducted the annual risk assessment, Diversity
maintained the risk register and ensured that the major risks to which the The charity continues to strive to ensure equal opportunities and diversity in
charity is exposed continued to be properly identified, reviewed and all aspects of employment and its charitable activities. This includes equal
evaluated. Appropriate systems continued to be established and opportunities policies in employment and recruitment for all suitably
maintained in order to mitigate and manage those risks. The Board qualified people and volunteers as well as open and transparent grant
considers that the major risks facing the charity are: making policies and objectives.

dependency on legacies The charitys website is accessible for those with visual impairment and its
the economic climate leaflets are available in larger print upon request.
volatility of the stock market
competition from similar organisations Ethical fundraising
maintaining a highly skilled workforce Heart Research UK is very conscientious about self-regulation of its
protecting the charitys reputation fundraising activities and protecting vulnerable people. All staff are aware
and adhere to The Institute of Fundraising Code of Fundraising Practice
The Trustees consider that the charity has robust internal procedures, which sets out statutory obligations and best practice standards. Guidance
systems and processes but will continue to carry out a review of the annual is also given to those who fundraise on the charitys behalf. The charity is well
risk assessment and reporting of risk to ensure best practice is maintained. prepared to comply with the standards or guidance from the proposed new
The Trustees will, from 2017, receive quarterly risk reports and undertake regulator and additional charity commission powers.
ongoing updates of the risk register. The annual review of insurance provision
confirmed cover was adequate. Heart Research UKs approach to fundraising is to avoid unreasonable
intrusion into individuals privacy, persistent approaches or undue pressure
POLICIES to donate to the charity. It does not employ external agencies to fundraise
Investment policy by direct mail, telephone, email or in the street and do not employ
The charity has power to invest monies not immediately required to fulfil its professional fundraisers. It has received no complaints about its fundraising
aims and objectives and to cover day-to-day expenses, in such investments activity.
as they see fit. The Trustees keep their investment policy under regular
review; delegates its implementation to the Investment committee and Data protection
appoints investment managers. J M Finn & Co is in its second year of its The charity complies with the provisions of the Data Protection Act,
three-year contract. particularly in the use of personal data. It is only used for the purpose it was
given; it is processed and stored appropriately and deleted when redundant.
The Trustees investment objectives continue to be to: No information is passed to third parties and opportunities are given to opt
out and opt in of communications.
make investments of medium risk
generate income from investments HOW WE WORK
achieve capital growth
safeguard the assets and business continuity of the charity Constitutional structure
comply with the conditions attached to restricted funds Heart Research UK was first registered as a charity in 1967, as the National
have sufficient cash deposits to cover working capital requirements Heart Research Fund and was incorporated in 1995 as a company limited by
and any restricted reserves guarantee, registered under No 3026813 and as a charity in England and
meet the requirements of the reserves policy and strategy whilst Wales under no 1044821. It has the working names of HRUK and Heart
ensuring they fulfil their fiduciary responsibilities in line with their Research.
powers of investment
Related companies
The investment policy is subject to regular review and expert advice is taken. The charity has one wholly owned subsidiary company, HRUK Helping Hearts
The audit and investment committees monitor the performance of our Limited (No 1562684).
investment managers and ensure diversity, prudence and liquidity in the
portfolio. These committees report quarterly to the Board of Trustees. Public benefit
J M Finn & Co provides benchmark statistics primarily against the WMA The Trustees have taken account of the guidance on public benefit issued by
(Wealth Management Association) Income Index, although more recently The Charity Commission. This guidance on public benefit underpins the
also against the 70% FTSE All-Share/30% FTSE UK Gilts Index comparator. charitys activities across the UK. Activities to carry out our aims and
objectives for the public benefit may not have immediate effect or be
Reflecting the objectives of the charity, the Trustees have continued an experienced for some years but the addition to current scientific knowledge
ethical policy of not investing directly in tobacco related equities. and clinical practice is on-going.

Reserves policy A summary of the activities that the charity provides that are considered to
The Board continues to believe that it is prudent to maintain reserves to be for the public benefit is as follows:
cover as a very minimum 18 months operating costs. It recognises that
holding reserves at an appropriate level also allows the charity to be seen by Medical research with project grants, scholarships and travel for
its donors, beneficiaries, employees and other supporters as financially dissemination of the research results
viable; ready for unforeseeable circumstances; new opportunities and Masterclasses for clinicians to learn new techniques, expand their
planning for the long term. The Board also recognises that the volatility of knowledge, increase their expertise and give better care to patients
the stock market, especially in current market conditions, can very quickly The development of exercise prescription for children after heart
affect the level of reserves. Accordingly, a provision has been made in our surgery or with a lifelong condition
reserve calculations for a 20% decrease in the value of its investment Healthy Heart initiatives including Healthy Heart Grants, healthy heart
portfolio. Reserve levels are reviewed every quarter. lifestyle checks, encouraging healthy heart workplace activities, school
and adult talks and focused healthy heart weeks in specific areas
Conflict of interest policy Raising awareness of heart disease and particular conditions and issues,
The charity has a conflict of interest policy applicable to all Trustees, our medical research and its results
members of Trustee committees and staff. This policy aims to protect both Partnerships with organisations and companies to promote
the organisation and the individuals involved from any appearance of heart health
impropriety. All Trustees, members of Trustee Board committees and staff
are asked to declare their interests and any gifts or hospitality received in The Board of Trustees
connection with their role in HRUK. A declaration form is provided listing the There are currently 16 Trustees. The Trustees have a wide range of
types of interest to declare. This declaration is updated annually; at experience, including business, expertise in medical research, law,
meetings where the conflict of interest arises and when changes occur. accounting, human resources, marketing and investment management.
Interests and gifts are recorded on the charitys register of interests
maintained by the company secretary. The register can be accessed by all No Trustee has any financial interest or personal beneficial interests
Trustees and senior staff. requiring disclosure in the charity or in its subsidiary company, HRUK Helping
Hearts Ltd. Trustees (and some staff) are covered by Directors and Additionally, Trustees, staff and volunteers undertake specific training
Officers insurance. No Trustee receives any remuneration for his or (internal or external) in a particular aspect of the skills and duties needed in
her services. their work with the charity to ensure compliance with all statutory obligations
and best practice.
There is a formal Trustees meeting every three months. Trustees are
additionally involved in one or more standing committees, which meet Decision-making
when necessary, but no less than twice a year. The medical review panels Having approved the annual budget, which reflects the strategy, the Board of
each meet once a year and the medical liaison committee meets when Trustees delegates day-to-day decisions to the Chief Executive. This
necessary. An attendance record is kept to ensure regular attendance at delegation is monitored by the various committees which all act under
meetings. Between meetings, news and information is passed on by the delegated terms of reference and report regularly to the Board of Trustees.
Chief Executive and staff, as necessary, with interim reports, e-mails, A decision-making protocol is in place.
informal meetings and telephone conversations.
Management of the charity
Committees of the Board The day-to-day management of the charity and implementation of the
HRUK has nine specialist committees of the Board. Each committees strategy are delegated to the Chief Executive, supported by the Chief
terms of reference and membership is regularly reviewed. The committees Operations Officer and the senior management team who lead the finance,
have their own Chairman; delegated powers to discuss their specific topics; fundraising, lifestyle, marketing and research departments.
award grants and, from December 2016, make decisions which are reported
to the Board of Trustees without the need for ratification. Grant making is a direct responsibility of the Chief Executive with the day-to-
day work undertaken by the research manager. All senior managers give
General Purposes Committee: Reviews strategies and policy; the regular reports to the Chief Executive and department reports are given at
day-to-day running of the charity and recommends policy on all matters every Trustees meeting.
not covered by other committees
Organisational restructure
Translational Research Medical Review Panel (TRMRP): The Personnel Committee undertook a review of the charitys organisational
Reviews Translational Research Grant applications, reports and grant structure during the last three months of 2016 and the new structure has
making process been implemented from January 2017. The departmental structure and job
titles were changed and new posts were introduced to ensure that the
Novel & Emerging Technologies Medical Panel (NETMRP): charitys staffing structure would be on a solid foundation with the right skills
Reviews novel & emerging technologies grant applications, reports and grant and expertise in place to take us to the next level and to achieve our aims in
making process the new 2017 - 2019 strategy. The new structure will also offer opportunities
for personnel development and builds a clearer career path for future
Healthy Hearts Grant (HHG): Reviews Healthy Heart grants applications promotions.
and healthy lifestyle initiatives, reports and grant making process
PLANS FOR THE FUTURE
Finance Committee: Reviews financial operations and performance
against budget To achieve the new 2017 - 2019 strategy, HRUK will strive to:

Investment Committee: Formulates investment policy and monitors fund at least 1m of credible, high impact, cutting-edge medical
investment performance research into cardiovascular disease and encourage the experts
of tomorrow
Audit Committee: Reviews internal financial administration, risk raise money near you to be spent helping hearts near you
assessment and internal controls, procedures and accounting policies increase the number of people living healthy lifestyles
take advantage of new technologies
Personnel Committee: Reviews personnel procedures and policies raise awareness of the work of HRUK
and salaries be as efficient and cost-effective as possible

Medical Liaison Committee: Decides research strategy, policies, This strategy reflects the charitys ambitions to fund pioneering medical
procedures and medical grant giving programmes research that will have a lasting effect; to be a national charity with a local
focus; spread the healthy heart message and to encourage individual, Trust
President, Patrons and Vice-Presidents and corporate giving by making its activities more widely known. Importantly,
Mr Keith Loudon, former Chairman of the Board of Trustees, has been it also consolidates the charitys successes and will make the most of any
President since January 2013. We have six Patrons and three Vice Presidents opportunities presented.
who are all ambassadors for HRUK, helping with fundraising, events and
raising awareness. Auditors
The auditors,
Key management personnel, staff and volunteers Thomas Coombs,
The average number of staff employed during the year was 19. The will be proposed for
Personnel committee annually reviews the organisational structure and re-appointment at the
remuneration of staff. Key management personnel and staff salaries are forthcoming Annual
benchmarked against other organisations in the charity sector. The General Meeting.
committee also maintains an overview of staffing levels and job
responsibilities across the charity. Small Company
This report has been
The Trustees would like to pay tribute to the dedication of the charitys staff. prepared in accordance
Also, their thanks to the increasing number of volunteers and ambassadors with the special
who undertake a wide range of voluntary work, equivalent of 29 working days provisions of part 15
each week, on behalf of the charity. Their dedication helps HRUK to raise of the Companies Act
awareness of its work, maximise income and maintain high standards of 2006 relating to small
work; efficiency and productivity. companies.

Induction and training Approved by the Board


All Trustees, staff and volunteers take part in a full induction procedure. of Trustees on 15 June
Before becoming a Trustee, potential Board members are expected to 2017 and signed on its
attend Trustees meetings as observers and become a committee behalf by:
member to gain experience with the charity. Induction packs give detailed
Louis Brocklebank - Young heart patient
information, handbooks, policies and other information required to carry Anthony Knight,
and supporter
out their duties. Chairman of Trustees
Heart Research UK
Consolidated Summary Financial
Information for the year ended 31 December 2016
2016 2015
Trustees statement
INCOME AND ENDOWMENTS FROM The summarised financial statements above have been extracted
Donations and grants 330,754 269,020 from the full statutory financial statements, which were approved
Sponsored events 365,584 378,885 on 15 June 2017 and which have been submitted to the Charity
Legacies 2,305,148 856,457 Commission and Registrar of Companies.
Investment income 149,338 160,846 The full statutory financial statements have been audited and
Trading subsidiary 33,122 8,940 received an unqualified report from the auditors, Thomas
Coombs, who have also confirmed to the Trustees that the
Total Income and Endowments 3,183,946 1,674,148 summarised financial statements are consistent with the full
statutory financial statements.
EXPENDITURE ON
Raising funds 475,828 445,173 These summarised financial statements may not contain
sufficient information to allow for a full understanding of the
Charitable activities 1,612,747 1,588,012
financial affairs of the charity. For further information, the annual
Total Resources Expended 2,088,575 2,033,185 financial statements, the auditors' report on those financial
statements and the Trustees annual report should be consulted.
NET GAINS & LOSSES A copy of the full financial statements, together with the Trustees
Gains (losses) on investments and auditors' report thereon, can be obtained from the registered
Realised (14,080) 18,873 office:
Unrealised 428,148 (89,126) Suite 12D, Joseph's Well, Leeds LS3 1AB.
Net Income/ (Expenditure) 1,509,439 (429,290) Signed on behalf of the Trustees by A Knight: Date: 15 June 2017
Balances brought forward at 1 January 2016 2,772,297 3,201,587
Balances carried forward at 31 December 2016 4,281,736 2,772,297 Independent auditors report to the
members of Heart Research UK
Consolidated Balance Sheet At 31 December We have examined the summarised financial statements for the
2016 year ended 31 December 2016.

Fixed Assets Respective responsibilities of the Trustees


Tangible fixed assets 18,049 9,227 and the auditor
Investments 4,232,181 3,374,453 The Trustees are responsible for preparing the summarised
financial statements in accordance with applicable United
4,250,230 3,383,680
Kingdom law and the recommendations of the charities SORP.
Current Assets
Our responsibility is to report to you our opinion on the
Debtors 352,172 166,764 consistency of the summarised financial statements with the full
Investments 729,214 808,611 financial statements and Trustees Annual Report.
Deposits and cash at bank and in hand 1,369,936 555,844
We also read the other information contained in the summarised
2,451,322 1,523,786 annual report and consider the implications for our report if we
Liabilities become aware of any apparent misstatements or material
Amounts falling due within one year (1,510,331) (1,483,78) inconsistencies with the summarised financial statements.

Net Current Assets 940,991 37,892 Basis of opinion


We conducted our work in accordance with Bulletin 2008/3 issued
by the Auditing Practices Board.
Total Assets Less
Current Liabilities 4,281,534 2,772,095 Opinion
In our opinion the summarised financial statements are consistent
Liabilities with the full annual financial statements and Trustees Annual
Amounts falling due after more than one year (909,687) (649,477) Report of Heart Research UK for the year ended 31 December
2016.
Net Assets 4,281,534 2,772,095
Christopher Darwin FCA (Senior Statutory Auditor)
Funds
For and on behalf of Thomas Coombs
Unrestricted 4,123,333 2,639,218 Chartered Accountants and Statutory Auditor
Restricted 158,201 132,877 Century House, 29 Clarendon Road, Leeds LS2 9PG
4,281,534 2,772,095 Date: 15 June 2017
Heart Research UK
The vital contribution of legacies, trusts,
foundations and memorial funds
The importance of legacies to our overall fundraising efforts cannot be
underestimated. We at Heart Research UK would like to remember those kind
enough to have remembered us in their Will.

Mrs Carole ADCOCK Mrs Betty LLEWELLYN-JONES We wish to acknowledge our


Mr John BARLOW Mrs Betty LOCKWOOD gratitude to the following
Mrs Mary Baden BARNES Mrs Gladys LONGNEY Trusts and Foundations for
Mr Raymond BLAKE Mrs Margaret MACHIN their generosity in supporting
Mrs Elizabeth BOSANKO Mr Eric MARLOW Heart Research UK during 2016:
Miss Mary BURNS Ms Nancy MCALLISTER
Mr Ernest BUTTERFIELD Ms Zoe MCGRATH Charities Aid Foundation
Mr Ivan CARR Mrs Ethel Joan MILLS George A Moore Foundation
Mrs Mavis Mary CARVER Mrs Joan MITCHELL
The Yorkshire Charity Ball
Ms Esther CLEWLOW Mrs Annie MORRIS
Mrs Elsie COUTTS Mrs Dolores MUNRO
Ms Annie CROMPTON Mrs Margaret NEEDHAM
We wish to acknowledge our
Mrs Joan CUFF Ms Dorothy NEWTON
gratitude to the organisers of the
Mrs Margaret Ella CUSHWAY Miss Muriel OLIVE
following memorial funds for their
Mr Stephen DAVENPORT Mrs Mair PARRY
generosity and hard work raising
Mr Elwyn DAVIES Miss Joan PLAICE
money for Heart Research UK
Mrs Irene DICKINSON Ms Doris RAJDA
during 2016:
Mrs Brenda DIXON Mr Wilson ROBERTS
Mrs Vera DZIECIOL Mr Kenneth ROOME Tim Barker Lee David
Mrs Joan EVANS Mrs Dorothy Jean SEALEY Rawlings
Mr Stephen Richard FAULKNER Mr James SHANKLIN Neil Barlow
Nick Bill Barry
Mr Alan FLETCHER Mrs Margaret SHORE Sawbridge
Mr Peter FREEMAN Mr Terence SMART David Bond
Ms Erika GILLMAN Mrs Joyce Christina SMITH
John Sims
Mark Brodrick
Mrs Joan GRABY Mrs Mary SMITH
Ms Edith GREEN Mrs Olive Monica SMITH Tim Fleming
Mrs Evelyn GREENFIELD Mr Frank SQUIRES Ethans Gift
Mrs Jean HADWEN Mr Alan STYLES Mick Grainger
Mr Joseph HANNA Ms Julia Joyce TEASDALE
Tracey Gray
Mrs Jane HARTLEY Mrs Constance THOM
Mr James HARVEY Miss Pauline THOMAS Robert Hill
Ms Ivy HEPWORTH Ms Sheila TURNER
Mr Malcolm HOARE Mrs Winifred WALKER
Mrs Gladys HOUCHIN Mr Richard WARD
Mr Eric HUDSON Mr Ronald WARDLE
Ms Angela HUNT Mr John WATSON
Miss Joy JONES Mr Robert WATSON
Ms Joan KIDBY Mrs Josephine Mccabe WILSON
Mr Christopher LAMBERT Mr Francis William JORDAN
Mrs Gwendoline LATHAM Mrs Thomasina WILTSHIRE
Mr Paul LIDGETT Ms Gwyneth WILLIAMS
Ms Grete LIMB Mrs Constance WYCHERLEY
Heart Research UK
Grants Awarded In 2016
Castle Hill Hospital, Hull and East Yorkshire
Medical Research Grants Hospitals NHS Trust 25,000
Masterclass in Minimal Invasive Extracorporeal Technologies syndromes
BEDFORD
University of Bedfordshire LIVERPOOL
86,434 University of Liverpool 25,000
Dr Daniel Bailey - Translational Masterclass in aortic arch replacement
Research Project Grant
The benefits of breaking up SHEFFIELD
prolonged sedentary time on Sheffield Hallam University
cardiovascular disease risk markers 144,134
in people with spinal cord injury Dr Bailey and Dr Croft - Bedford Dr Markos Klonizakis - Translational
Research Project Grant
BRISTOL Impact on cardiovascular function in smokers
Bristol Heart Institute 76,054 attempting to quit using e-cigarettes compared
Prof Paolo Madeddu - Translational Research with smokers attempting to quit with
Project Grant(PhD studentship) prescription Nicotine-Replacement Therapy
Umbilical cord pericyte-engineered grafts for (ISME-NRT)
correction of congenital heart defects
University of Sheffield 33,832
CAMBRIDGE Prof Martin Thornhill - Trustees
Papworth Hospital NHS
Foundation Trust 249,612 Discretionary Grant
Mr Steven Tsui - Novel and Emerging Quantifying the risk of developing or dying from
Technologies Grant Prof Paolo Madeddu -
infective endocarditis, in patients with Prof Thornhill - Trustees'
different predisposing heart conditions Discretionary
Reconditioning of marginal donor hearts declined Bristol
for transplantation with machine perfusion NATIONWIDE
Society of Cardiothoracic Surgeons 5,000
Sponsorship of lecture at the SCTS Annual Meeting
Exercise prescription for children with
congenital heart disease 34,000
University of Exeter Research Fellow

GRANTS AWARDED IN PREVIOUS YEARS AND


NOW NO LONGER REQUIRED (52,572)

TOTAL MEDICAL GRANTS AWARDED


Aravinda Page, Stephen Large, Steven Tsui, Simon Messer - Cambridge
DURING THE YEAR 901,489
LONDON
Imperial College London 149,890
Prof Stuart Cook - Translational Research Project Grant HRUK Healthy Heart Grants
Development of novel biomarkers of cardiac fibrosis
BELFAST, NORTHERN IRELAND
Mr Laurence Bellew - Lifeguards 10,000
Willowfield Parish Community Association

Dr Leanne Felkin (Co-investigator of Prof Cook Grant) - London

HULL Willowfield Life Guards


Hull York Medical School 125,105
Prof Khalid Naseem - Translational Research Project Grant FORREST GATE, GREATER LONDON
Proinflammatory reprogramming of blood platelets in acute coronary Miss Loyda Best - Little Manor Lovehearts 7,661
syndromes Aston Mansfield
SOUTH TYNESIDE MIDDLESBROUGH, TEESSIDE
Mrs Julie Stephenson - South Tyneside Mr Mark Fishpool- Hearty Appetites 4,240
Lifestyle Choices 8,420 Middlesbrough Environment City Trust Ltd
Helping Hearts School Workshops
NEWCASTLE, TYNE & WEAR
BLACKBURN, LANCASHIRE Jennifer Barrett - Healthy Heart 5,000
Mr Ashley Hackett - Families Fit2 Go 10,000 This is Creative Enterprise CIC
Blackburn Rovers FC Community Trust
WOLVERHAMPTON, WEST MIDLANDS
Mr Darren Taylor - Heart Pacet 10,000
Engage Youth Empowerment Service

PLYMOUTH, DEVON
Mr Dave Briggs Healthy Schools Roadshows 9,960
Plymouth Raiders Foundation

READING, BERKSHIRE
Mr Chris Knott - Better Heart, Longer Life 7,180
Reading FC Community Trust

LONDON, GREATER LONDON


Blackburn Rovers Community Trust
Mr Mike Harte - Healthy Heart Schools 8,600
Hendon FC Supporters Society
WIGAN, GREATER MANCHESTER
Mr Michael Wearden - Drop the Beat 8,900 SALFRON WALDEN, CAMBRIDGESHIRE
Wigan Warriors Community Foundation
Ms Madeleine Cassidy - Support 4 Your Heart 10,000
Support 4 Sight
LONDON, GREATER LONDON
Mr Gregory Watson - Watching the Beats 4,950 HALIFAX, WEST YORKSHIRE
Inspiring Audio CIC
Mr Malcolm Kielty - Wheelie Fit Heart 4,083
Halifax Wheelchair Tag Rugby Club

GRANTS AWARDED IN PREVIOUS YEARS AND


NOW NO LONGER REQUIRED (16,770)

TOTAL HRUK HEALTHY HEART GRANTS


AWARDED DURING THE YEAR 33,161

HRUK and Subway Healthy Heart


Grants
DUNFERMLINE, SCOTLAND
Mr Kevin Pringle - Healthy Hearts Halifax Wheelchair Tag Rugby Club
Through Basketball 9,272
Dunfermline Reign Basketball Club DOWNPATRICK, NORTHERN IRELAND
Mr Sean Caughey - Football Vs Fat 10,000
BATH, SOMERSET Leisure Leagues Northern Ireland CIC
Miss Lucy Knight - Heart of a Lion 10,000
Bath Rugby Foundation SWANSEA, WALES
Ospreys in the Community 8,110
Mr Paul Whapham - OitC Primary Education Programme

BIDEFORD, DEVON
Mr James Lewis KidzFit 9,110
Wings South West

GRANTS AWARDED IN PREVIOUS YEARS AND


NOW NO LONGER REQUIRED (3,095)

TOTAL HRUK & SUBWAY HEALTHY HEART


Bath Rugby Foundation
GRANTS AWARDED DURING THE YEAR 102,460
Heart Research UK
Legal and administrative information
President Dr Rachel Clough* Mr Tony Oxley
Mr Keith Loudon OBE FCA MSI Prof Sheila Francis* Mr Kevin Watterson
Dr Anne Graham*
Patrons Prof Paolo Madeddu* Principal Officers
The Archbishop of York, Dr John Sentamu Prof Giovanni Mann* Miss Barbara A Harpham BA (Hons)
Lord Bates of Langbaurgh Prof Mamas Mamas* Chief Executive
Lady Macclesfield Prof Patricia Munroe*
Mr John Bill Mrs Sam Turner BA (Hons)
Dr Vas Ponnambalam*
Mrs Anne Billl (appointed April 2017)
Dr Matthias Schmitt*
Sir David Amess MP Prof Donald Singer* Chief Operating Officer
Dr Stephen Wheatcroft* Head office
Past President
Suite 12D
Mr David A Watson MBE FRCS Other committees Josephs Well
Vice President Leeds LS3 1AB
Cllr Brian Cleasby
General Purposes Committee
Dr David Dickinson - Chairman Tel: 0113 234 7474
Mr Fabian Hamilton MP
Mr Peter Braidley Fax: 0113 297 6208
Prof Shervanthi Homer-Vanniasinkam IBSc, MBBS,
Mr Richard Brown
FRCSE, FRCS Regional office
Mr Tony Knight
Trustees Mr Keith Loudon 4th Floor Newland House
Mr Anthony D Knight - Chairman Mr Paul Rogerson 137-139 Hagley Road
Mr Richard J Brown FCA - Vice-Chairman Mr Kevin Watterson Edgbaston
Mr Pierre Bouvet LLB (appointed December 2016) Birmingham B16 8UA
Personnel Committee
Mr Peter C Braidley MBBS FRCS(Eng) FRCS(CTh)
Mr Tony Knight - Chairman Tel: 0121 454 1799
Dr Catherine J Dickinson MA PhD FRCP
Mr Richard Brown
Dr David F Dickinson MB ChB DCH FRCP Independent auditors
Dr Catherine Dickinson (appointed March 2017)
Mrs Julie Fenwick MSc (appointed September 2016) Thomas Coombs
Mrs Julie Fenwick
Mr Richard C Hemsley MA FCA Chartered Accountants and
Mr Paul Rogerson
Mr Anthony R Kilner LLB Registered Auditors
Mr Keith Loudon OBE FCA MSI Finance Committee Century House
Mrs Christine Mortimer Mr Richard Brown - Chairman 29 Clarendon Road
Prof Christopher Newman MA PhD FRCP Mr Pierre Bouvet Leeds LS2 9PG
Mr Anthony G Oxley MSI Mr Richard Hemsley
Mr Paul Rogerson CBE DL Mr Tony Kilner Bankers
Mr Paul Smith FCSI Mr Tony Knight Barclays Bank Plc
Mrs Heather Stewart PhD MBA (retired June 2016) Mr Paul Smith Barclays Business Centre
Mr Kevin G Watterson MB BS FRACS Mr Kevin Watterson PO Box 100
Specialist sub-committee membership Albion Street
Medical Liaison Committee Leeds LS1 1PA
as at 31 December 2016: Chairman - To be appointed
Mr Peter Braidley Stockbrokers and
Medical Review Panels (MRP) Dr Catherine Dickinson Investment Managers
Dr David Dickinson J M Finn & Co Ltd
Novel and Emerging Technologies (NET) Mrs Julie Fenwick (appointed March 2017)
Prof Jonathon Gibbins* - Chairman 4 Coleman Street
Prof Jonathon Gibbins* London EC2R 5TA
Dr Chris McCormick* - Vice Chairman Mrs Christine Mortimer (retired March 2017)
Prof Nawwar Al-Atthar* Prof Khalid Naseem*
Prof Adrian Banning* Solicitors
Prof Terence Gourlay* DWF LLP
Audit Committee
Dr Nicola Smart* Bridgewater Place
Mr Tony Kilner - Chairman
Prof Richard Underwood* Ms Rachel Banfield* Water Lane
Mr Ravi Vohra* Mr Richard Brown Leeds LS11 5DY
Prof Peter Weinberg* Mr Paul Rogerson (* Non-trustee)
Translational Research Projects (TRP) Investment Committee
Prof Khalid Naseem* - Chairman Mr Paul Smith - Chairman
Prof Azfar Zaman* - Vice Chairman Mr Richard Brown
Mr Peter Braidley Mr Richard Hemsley
Prof Ann Canfield* Mr Tony Knight

Heart Research UK
Suite 12D, Josephs Well, Leeds LS3 1AB
www.heartresearch.org.uk
T: 0113 234 7474 F: 0113 297 6208 E: info@heartresearch.org.uk
Registered Charity No. 1044821. Registered Office: Suite 12D, Josephs Well, Leeds LS3 1AB
Company limited by guarantee No. 3026813. Registered in England

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