Professional Documents
Culture Documents
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.
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
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.
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
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.
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
BIDEFORD, DEVON
Mr James Lewis KidzFit 9,110
Wings South West
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