Finance Score: 2

Governance Score: 3

Support Score: 0

Liabilities <10%: +3
Excess reserves: -5
Large legacies income: +1
Fundraising costs low: +3

Gender balanced board: +3

No supporters identified

Overall GiG Score: 5

NW HEARTS CHARITY

Our aim is to lower the impact of heart disease for people living in Greater Manchester and the surrounding areas. We'll do this by supporting and promoting excellence in practice for heart disease prevention, treatment, facilities, research and education. This will improve the lived experience and level of care available to people with heart disease, their relatives, carers and staff

Analysis by Giving is Great

Positives:

This charity has a robust balance sheet
This charity has received considerable income from legacies in recent years
Fundraising costs are unusually low relative to funds raised
The Board appears to be well diversified in terms of gender

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £958,619 available, equivalent to 968 months of spending and so may not be able to utilise additional funding

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit £k	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/03/23		£1,069	£12	£1,058	£0	£1,059	£959	968.4	1	2
31/03/22		£1	£0	£1	n/a	n/a	n/a	n/a	n/a	n/a

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0.6%
Highest pay band: Less than £60,000
Liabilities/Assets: 0%
Liabilities/Income: 0%
Unrestricted Funds/Total Funds: 91%
Reserves/Spending: 968.4 months
Net Current Assets/Spending: 1069 months
Quick Ratio: 403.1

Asset Split ?

Balance Sheet History

Established: 3 years

www.nwhearts.org

office@nwhearts.org

01613888988

Charity Commission for England and Wales

Listed activities

The Advancement Of Health Or Saving Of Lives

GiG Classification

Medical research

How it operates

Makes grants to individuals
Makes grants to organisations
Provides advocacy/advice/information
Sponsors or undertakes research

Where it operates

Throughout England And Wales,

Who it helps

Other Defined Groups

Who supports them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (5)

Current Trustees appointed

Gender Split

ABIGAIL LOUISE PRABHAKAR Appointed: 2021

DR NIALL GORDON SIMON CAMPBELL (Chair) Appointed: 2021

DR SANJAY DWARAKANATH SASTRY Appointed: 2021

FELICITY EMMA LEE Appointed: 2021

SUSAN WEIGHELL Appointed: 2023

Legal constitution

Charity registered in England & Wales on 22/04/2021, number: 1194189

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Complaints handling
Complaints policy and procedures
Conflicting interests
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Paying staff
Risk management
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures

Filing Record

2 returns made; all on time

Main office

NW Hearts
Suite 246
Peel House
30 The Downs
Altrincham
WA14 2PX

Objectives

TO RELIEVE SICKNESS AND PRESERVE THE HEALTH OF PATIENTS WITH CARDIOVASCULAR DISEASE LIVING IN GREATER MANCHESTER AND THE SURROUNDING AREAS, IN PARTICULAR BUT NOT EXCLUSIVELY BY:A) SUPPORTING AND PROMOTING EXCELLENCE IN PRACTICE FOR CARDIOVASCULAR DISEASE PREVENTION, TREATMENT, FACILITIES, RESEARCH AND EDUCATION; ANDB) TO IMPROVE STANDARDS OF CARE AVAILABLE TO PEOPLE WITH CARDIOVASCULAR DISEASE AND BY EXTENSION THEIR RELATIVES, CARERS AND STAFF.

Data Sources

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