a￿Ety reg1stratio￿ nuTnb¢r. 1177753
Northwick Park Cardiac Research
Charity
for the Year EDdtyJ 31 M8r¢b2024
n A Gre￿ aod Sorjs
L75llrtttvd Certtfied
12'Lhe BroEdw*y
Si

Northwlck PaTk Cardiac Rtsearch Charity
Contrnts
Refer￿¢¢ 8J&d D¢tsil$
2to3
q¢#¢¢mw¢ ot fmwiat a¥tiviti
Balallcc Sh•et _
Noteits thefittallci￿ tsttjtttnts
Yto12
7hè followin8PA8e dae8notfonn part ofth¢s*tstory ED4nci81 st4t¢5llth:
St#re4U¢nt of fitiancial adivitiey

Northwlck Park c￿dIa¢ Resexrch Lharlty
R¢forell¢e and Admini8Érntsi'e Det8ll5
Cbxrlty Dlllje
ch￿ltyregktrxUOll Dumb¢r
1177753
Northwick P%rkHospitsJ
Wal?￿r￿Rr$ad
Middle8ex
HAT 3UJ
Rw'ded offl¢e
NDrtrAckPrtHr*pAtal
Watfoftl koad
Middle
HAI 3UJ
Tru&tves
MrAttJatiit SiEgb D8&san
N&vttJ Chabal
Dr Nieel Step
D A Greeo aDd So
2 Th¢BzoadMy
Si Iv¢s
C8u",by
PE27 5BN

Triortknlek Pgrk c￿dIat Re8eareh Ch8Aty
TrobJeGts the thatity are to wodprotect gO￿l￿ta1th for the pthlic
be,M2fitby ¢8Thying otrt ttE)aitaI r¢sewJ in Parricular￿th nok ex¢1￿$t￿y into
ftnding n¢w tr¢atsi￿nts for he&rt dis¢ai4 re8e￿￿1￿ methods of &s5essin¥ wdia
fuftcikoll aud th¢ deY¢Loprn¢nt of ir¢terYutsioJ￿ devicts. To disso￿)￿￿ the
rcsulis ot'%whTQ3wch for the publi¢lKtJ¢fit. AdygDGI￿ èlL'cation by
p￿¥1510# of trathing iti 4JLcditi8n08i3, treatment r$6ear¢ii of cardiac dtstaBG.
Pubuc beu¢fjt
Throughout th¢ ye8r, atall ofthc TDLqtrc metyiw. Ttustecsh&vr [%￿ld¢f¢d tho
guid8ttCC 8lvell by the Cknity Commi*ior rewdiag QF¢rating fOr￿blIC benef
ThE riwity Works for ihepobli¢ bFL¥fftbyrxnying £￿* ￿¢&I&l￿1￿ts with
8&w of impThins patient healtb ￿kI￿wIcdA¢ abO￿he￿rtd55¢•. Thmugbl tbe
pJbli¢ation of this wotl the Tr5tstts &8ve beeA eissco]1￿ed fw the i￿¢fil Oi the
wid¢r audiencc.
Tiw¢tt4 h2ve rttt]aÈlltd fac￿¥d on th¢ obJ"e¢tsof the rhsrity througknut the year.
¢Tmriig th¢ dJts¢ts0tt oFthtt cknÈry follows thr obi¢L
R&qearch acti￿tIO$ haY¢con12DudwEth tBnge of cardiac ￿￿0?￿011s
sbJaieJ. 11J¢se iochth cq¢, of hospJts] ¢STd$3c 6Tre< trtknetst of ae]rte
tNIMllw)' tDtholiw he*% ￿"lute, lipidlowttin& 8trial fthrillatt0￿ aDgÈn
c&raiac I￿agIng ¢omn8ry int¢rYentiLfL
R￿Val￿7jt￿t into I&8e￿Oh skntie5 Low coui¥tsntiy exee]]mL
We hav¢ LonliDugltu supp)rt IturF4tients <h]tiDg this 12m¢ 8odlwvB pttblithtil
pyysabcut rese8rcts ou roPtCS a5 fttst in.hum￿ ultr4fa¥t tardiR¢
riTJ48ing. hoK. LOVll)-19 inf&#iOtt th¢ attd >svArnl kokng oi stabl¢
Tho Cl￿rity Contiti￿5 kntxpl0Jrw￿ttpjc wwyS f)f carry
i their ob'"edlV￿. We httve now Ippl￿d ts gr&nts to ¥uprK>rt¢yracthic
r¢9￿Ch 8nd has'¢ cxp&lltsJ th¢ t*jea to èducatioa by provi¥ion rf
trattting. In￿£strUe0t of thds is #t ev¢ry witb Tnuie¢a
ogr¢¢in8 ofL a low.ri5k 3trate8y.
M"&lD 8¢ldeTes7euts
A totsl Df11 publIs￿bY the caTdiaG r¢¥tr4￿.
£l)arAty vear, ts*ludin8 <tt Set rf intttnatiOll81 IErn) wJi(Friitt¢s.
to Tmdiilake $evèr81 ori￿1 ￿PAK¥prOjeC
OsA¢of ow p&st do¢tots ha" be￿ awttltd th¢Ar PhIl IWD tAyt d(￿￿$8[e
th¢sr PhD thoses alldtwtsof owcutrntdoctors ￿e £allr￿y
7Jndethg PbDs.
We continue w lefvl thotix kn the long tenD follow Lwfor IF¢ ISN￿￿1*1[1￿L
"Nhith will ccd ill 2025. W¢ have leA th¢ LK forglohleady
plwe re5¢arrb ttith into n¢w freatme￿ ftthwt fall¥￿.

NorthTvitk Park Cxrdimc Restlrcb Charity
Trn&tees' Report
Fiv4L¢i41
T4¢poliby OTh r¢s*¥cs is 10 oFAÈio the int¢r%slp)s5iblEiYith¢ui pijtting
tlJ¢ wltal fvt ri3k lies¢Thc fvnds ar¢nowiovestt41 vir4 the Fjagstotte platform
in luw.ri8k sttat•8y. All fands Br¢ eoveredby the FSCS gutdThtee
All fwdg wiY¢d Ar¢U￿￿trICt￿snd usedÉo ￿ntI￿￿￿ith tbewDTi( of thp
tharity. AVi￿rti￿￿ approwiatepioiecfsarising withlti thertsewcb &re
ID lillewith the obj¢Gts oftht ¢barity.
Apptovrdby ths TThgtees OD 17 De¢emiw 2024 and siglltd olltheArtthoJf by..
DrTrlipl 3tcpl
Trth812e

Ittdependent Exanthiees Report to the Trllgtees t
Northwkk P4rk Canllac Rese*rcb Charity
I rwort ox the accouttts of thc TTh￿ frsr tbeyear ctybl 31 Mowb2024. wbitb ate outOTr Pa%ES S to 12.
Ite4)eedve rtspoJJslbllltl¢s wjf tr￿trtI euttthier
The Iw5t¢¢s #rt tupo]Jgible for thc prep&rniAon of the Th¢ In￿￿ t}￿t an ￿dit 1$
Toquired foi" thij year s￿tI￿? 14412) of the tJHrities Act 2011(the 201 l Act) and th*1 indoErtdmt
exaTr¥iD*tiott is rt¢eded.
Xl is my Th450Jsibllity to..
amioè tbe a¢eouttts llader geetion 145 of thc 2011 Act
foll¢)w tlw wo¢¢dwe8 dowo in the General Di[￿￿% give￿ by thB Cl[￿ty CoTnmi181th undor
S￿¢10￿ 14S (5) (b) ofthe 2a1 i Art" a
My examsnatxon was Corri￿ rfirt with the G¢n¢ral Dlrtctions ￿v¢Th by the Cknriry CowJybis&iot).
Ats extrminntion in¢lJdes a miew of thr ao¢ouw¥ records kot by thtr a￿1ty ojjd a ¢JoEwatison of Ibe
accounts preseuted with th9￿ I￿rds. It 4t￿ iocludeg CO￿la¢ratIOn of atty iletkns or diwlosLtres thg
utsdert8kep llot provide all tht tridenc< thet wi￿a Tre reguita a￿ll 4tsd ty)1￿cqU¢nt2y no opinion IE
%rveu as to wuether th¢ S￿¥$Un* ptemi &'ttT¢ *MI f&irvi¢¥f •¥1 thE Y¢P)rtis limited to nHtter¥ se¢ OUtiD
5Adepende￿ eK¥minv'J #atrmeut
lyk th*wtttioll with Jry tstyr5uauon. no lYa& cots￿ to rDy sllrnli
(l) which bYV&% tol*lTeve that ill *Try reSp￿lIb¢￿Illjrern
to keep BL*thmtiDg records 8r¢ordw s￿n 130ofth#A¢t: and
re4tiirnYAts ofts 2011 A¢t
(2) tQ v*h7¢￿ ill w cy1llio￿ att￿lOts skLwld be ¢hwi iu order kn ¢llabLe a prw wthst8ndll4 of the
12 The BroadTh
St Lvva
Canbs
PE27 5BN
r) A (iroco &)ts&
17 1)ewtiber2024
Page 4

North￿tk Park C8rdiac Research Charity
Statesne)iÉ of F￿an¢1￿1 Activ£iles for the Year Ended 31 m￿ch 2024
UDregtrictsd Total Tfjl￿ Fuu
FRodx
2024
2Q
Voltsnlary Jstthne
A¢¥ivits•J fth- setser&tFtiS fi]nds
Invtstm¢ot i1*¢om¢
Totsl incim]ing rraource8
2,487
33S,020
15,135
351642
205,141
163,140
2.769
371,050
335,020
15,135
351642
Rtsfjureo$ txp¢nded
CoBts of lenerating fimds
Fundra￿ tradi￿￿. of Èoidalldoth
.ostS
Total re80llrc￿ ryendEd
436.718
436,718
436,718
43fj.718
476,549
476.549
Nd rts)Y¢ments in fA
{84J)761
(￿,076}
(105.499)
Tot81 fuuds brwght tsrw8rd
rot￿ funds t￿rIed forwd
964,328
880252
964
28
880.252
1,069,828
964.329
T1￿Cha￿ty tux1￿}$¢0 or low for tr£ oth¢r than thcr¢suJts
Th¢ Aotes on ￿8¢5 7 to 12 forni 8a int¢￿1 [￿rt 0fth￿ frybw¢iai 8tat¢nients.

Northwick Pzrk Cthlfiac Researeh CknAIty
Ba14ne¢ Sh¢¢t ￿ At 31 March 21)24
2011
Flxed &￿tt￿
T3nyble wets
52955
76J12
Cqrr¥ttt ￿ets
D¢btor8
Ca8h at boJkaThl iti ltsttd
io
17,711
875.810
893.521
13,564
,014,317
1,027,881
Cttdltorj: falllllg
¢bA¢ year
{28.623}
82,$64}
Net turrtjrt ayets
86S,898
945,317
Total ¥95ets
917,853
1.021,629
Creditors: hlttBg
due *fter wote thrtd yoRr 12
(37.6011
{57,300}
N*t 4SS¢ts
880252
9&#,329
The oftse ¢hATItr.
lJllYè8ttht¢d fii*ds
Untestricted in¢om¢ fth
880252
964.329
Tot41 ¢kn4rlty
880252
pProv￿1bY tbB Board0￿ 17 2024 &hd its brknlf by..
Dr14ig£l %tq>htDg
- nottr4 OD pa￿ 7 to 12 form an wtegr4lpart tsf these fjnanci#l
Pw6

NDrthivlck Park Cardlllc R¢se8rtb Charlty
Not¢8 to the Fmaneial StslemeDts for tke Year Ended 31 M4rck 2024
A¢eollntl#g pollelèl
IIRyb of pw)ars¢foffj
rh¢ f￿￿CIal ststrweThts ljyve becp. pre[￿1 the bi5tsxical cost cOttv￿tiDll qnd in axonlm¢¢ wilh
the Stsjement of Reu)mmeodrd Prsctitt'A¢Wm￿g End ReprnknL by Cb2ttlies (SORP 2Q05)', i85wd in
fy14rth 2005. appli¢abl¢ acc￿ slAthrds and the Cb•sstic&Act 2Qll.
Unr¢stri¢tsd fiulds •xe genml fjjnth that llre avallable for we at disrtion ill
furth¢Tollce of the objective8 of tb ebarity.
Flth detaiEs ol&]¢b folld arc discl(a kn uot¢ 14.
ltt¢0mlA%reau￿trc
WI￿ rdi&bility.
WhfflE servic￿ are provided to th¢ ¢hsrity 88 8 d)n&tioD that wuld aoro]alty be pDrthascd from ￿LT
ipplirss, Ibis ttititributiott i5 itt the fittotici•I sl*1¢￿ents at Iin the vakn of the
cotttrthutÈoo to the charitywherE this ¢￿be quanlified
Th¢ valu¢ of sthri¢￿ provid￿ by v¢lunieaY J6 not Incory￿at*j into kn fittgncial stsiein¢n¢8. Fmth¢r
dgtaAb ofthe ¢onts1b￿￿ottm&thbyVQhjOteerY ¢on b¢ foll￿ in th¢ Th*eas' ReporL
Resgar¢tJ ez9￿￿Ed
tAAbiliiie5 •r¢r¢¢wi$ed tbere is a It￿1 orcorffjtructive obligatioll ¢omtx.itltiig the charity to th¢
expelldituro. All &XpeUd&tU￿ 18 Kcouw¢d for on att accn2als b￿18 and been cl2ssifi¢d he&dinss
tbett8gr¢ggLto ail costs ttiateil io ￿l¢gOry.
e4tsts ftHxl8 are the wsts of tr￿1￿& for fiodtaisio8 PU￿>￿.
Sw)port incl￿de ceattal ffiJtictiOXL8 s￿1 have been ￿[Kated to sdivity Cost cthgorits on a bASiS
cortsistEEt wtth thE use ￿ Xtsou￿Ès, for eJawl4 all{￿tI￿￿ preperry ctjsts by It￿)r ate*& or pBr ¢&piia.
%thff ¢osts byth¢ time and other ¢￿bY their usag
1rjd1vidu￿ fsxed ¢>)5t¢Dg £0 aTe illitstlly at s¥k8L
I￿￿1￿tion is proiided ott tsngible ffixed &ssets so as to T￿11￿ off th# wstor valuatiott, l¢s8 Aoy ¢stimthd
TW￿l￿V¥I vahw. over their eXpP)￿ ¢wnoJni¢ tsf¢ &¥ follows..
oiri(% eqUiP￿t
25% ¢&ai8htliDE basis
Pl•ntdndmachiEE•y
25Y.r¢thiKg b8lancE basis

Northwick PArk Cxrdiv4t RewTch Charlty
Notes to the Fittaneial Ststements for tbe Year Ended 31 Mareb 2fi24
Hlrt p¥rehsY and l¢w ¢Dlltrscts
Ass&s hdd uudEI rJE￿￿ 1¢45w wjrith are le4S￿ s¥l￿e wbthtsdly ￿1 the ri6k8 ￿1 reMYrds of
DWnLYxhip of the as8#t ha￿ to the charity. •¢ ¢tpitstawJ irl the blBnce St￿et 25 &n8Tr1 1£ fiKed
ss¢ts arv dwnci8ted over their U9efu Iivf& The witsl elernerLts of futu¢È ttblig4riDDs
I53%￿ ET6 35 li&kn"lÈts¢s in the b8Jw 5hr4L The 'th"..er¢si elNwftt of the rentsl i
Ch￿ed to the stttemeot of fi￿n￿l￿ aGtiVTti¢5 the p¢riod of tke 1¢45¢ aJLd a W%LSt8T
Awts h¢Id ￿lldor bire PULtlw¢ a￿ts aT¢ witsivj ￿. laD￿le 8&9Ets ood ¥re dep￿t￿￿ted
ov¢r trioir ￿￿ruE live*. The e#prAi elernmt of rntwe ftt)afjce pa￿llents i$ i￿[￿led cre%lit0￿. Flyj￿￿
¢hwcs *t¢ BlloEatrl to aCCo￿[ln% ￿LI>￿0V￿ tht leDgth of tht ¢ODITBcL
Uttrostr1th41 Tot*] FuMd$ T•tsl FRDd$
Fa￿05
2024
2023
Awc8ls aDddtyn&tioD5
DoJat¢d sUPSh)rt
1487
1487
4.768
1497
2,487
205,141
Attjvltles forgeuer&tiDg Thnos
UEre%tri¢tsJ Fiud5
2024
21J23
Oporot10g Aedvlty I
F¢e8 and 6uppIi¢s
335,020
335,W20
163,140
Ullrtytrk￿ TotsJ Fwds T￿11 F￿1&#
2024
int¢re8rott ¢thibposltB
15.135
15,135
2,76"9

NorthwSek Psrk Cardlar Re¥e8rth CharRty
riote8 to the Flnantlal Stxtemellls for the Year Ended 31 MArth 2024
ortl¥nue
TOtB7￿¢}￿rt1s ¢wwded
Operatlug
Totsl
Cost of six)ds snld
ÈryioymeTht ¢osts
Tr¢Y¢l andsub&i5ts2i¢¢
Ad¥etti￿￿&￿ and PT4ynwiion
BzDk chdF8es
Dqwi&tiWA of tawbk fiAed8&5el8
37,441
344.346
22,885
115
920
yJ,?57
429.0(A
37.441
344,346
22,885
115
920
23,557
429.0&1
Swiportto
expcnaos
PrintirLg, stslionery
.,%¢)tLéry attd okn costs
A£countaw ke5
In*ro¢ p#y&b]E
1,982
145
1,800
3,650
7,654
145
1,800
3,650
7,654
436.718
436,718
Notm$ttr& afty remull￿ duri48 the Jw.
Net outRoing resoiijyes t# Slat￿ &llDr£hat8iW.
?A124
2023
5.705
5.?04
D¢rwi%ltotJ gf as$Ets hdd und¢r IMye8 ¥lld hlr¢ pur¢l)
17.652
23,535
P¥￿9

Northwick Park CardA*t Rewrcb ch￿lty
Note5 to the Finall¢ial Ststements for the Year Eryded 31 Marth 2024
contthued
The 48gr¢ote payrDII ¢osts ofth£g¢ p¢noDs were as follows..
21ll4
2013
W48¢s and saisries
344,296
366,222
Pwlo

Northwlck Park CArdi¥ Research Charity
IYote8 tD th¢ FlllxLcial Statements for th¢ YeAr Ended 31 March 2024
TwThle fixed ￿9¢tr
IDtl¥Jibtsg
fjttingy gRd
Total
Cost
t I ApTiI 2023 *tsJ 31 March 2024
98235
30.423
128,653
AS * l April 2023
Chsrye for th¢ yeHr
A¥ at 31 March 2024
27,628
17.652
452&1
24,718
5,705
30,423
52,346
23,3S7
75.7ll3
A8 at 11 m￿th 2024
A8 * 31 March 2023
51955
7fj.￿7
51955
5,705
10 Debthn
2023
rrade deotsTrL¥
12841
1,870
11.694
1,870
13.564
11 Crodltors: Aj￿)unts due7•lthh) oll¢ ytar
21n4
2023
Trade credttofs
Other Ltodlt¢￿
6,918
19.904
1,801
?8.623
61,763
19.000
1.801
82.564
Pwll

Northwi¢k P*rk Cardiac 11&geJrch Cbxrity
Notsy to the )Illanci￿ Statements for the Yw Ended 31 March 2024
12 Crtditors.. I￿11￿g d*È th#n fM¢yur
2024
2623
i7.601
SI,31M>
13 jielat￿ p74rtleJ
C•ntrollltsg e•dty
Th¢Ch￿lty is wutrolld by thttrll#tt8.
14 A￿#ty￿S oTfvnd8
At l Aprll
2023
At3k
rrts ¢K￿ded M8rth2¥24
1Swe*trlC￿ itiC0n￿ fuad
964328
352.642
(436,718)
880252
l¥ P4rt assets JJY tknd
Ullrutrlcted Totsl FD•d%
Fllnd8
2024
T(*talFurils
2&23
51955
893 J21
(28.623)
52.955
893.521
128.623)
76J12
I.OZ7.881
(82,564)
(37,601)
8802Y2
7A)l)
(57JOO)
964,329
Nd gs6¢ts
Pw12

N￿rthwICk Park Cardiac Re￿r¢b Charlty
St*tement of fittanclal acilv111¢5 by fund Y¢4r F￿￿￿ 31 F*TAr¢h 2024
Upr¢Jtrlrted UnTrstrktthl
2924
2023
resources
Voluniary tacome
Adiviii¢S for g¢D¢ratsng fiuldo
lfivesttn￿t ill¢4)rats
2.487
335,020
15,135
352,642
205.141
163,140
2,769
J71.050
R¢sourc¢4espended
C(Mt& of 8eDentiD8 fiuu
FELy￿r￿s1￿8 tsidinB'. ¢ost of goods sold aDd DthercD&ts
436.718
436,718
476,M9
476.M9
'lietniiJvetsients in fip
184.076)
(105,499)
R¢¢DH¢lllatlon •f
Total bro'ghi SJrw8rd
'rotsl fLtrth ¢atritd forsyard
964,328
880252
l.U69.828
964.329
Pise 13