Annual Report and Accounts 2004 Only one in nine children in Britain eats the recommended five portions of fruit and vegetables a day. Our Big Heart book, Peel & Stick activity sheets and the new cbhf.net children’s website all teach kids about eating and exercising for a healthy heart. Annual Report and Accounts 2004 1 Our aim 2 Director General The aim of the British Heart Foundation is to play 4 Medical Director a leading role in the fight against cardiovascular 6 Heart 12 Health disease so that it is no longer a major cause of 18 Help disability and premature death. 28 Financial review of the year 30 Report of the Council 34 Council & Committees 36 Council’s Responsibilities Statement 37 Independent Auditors’ Report 38 Group Statement of Financial Activities 39 Group Balance Sheet 40 Group Cash Flow Statement 41 Notes to the Accounts 53 Charity Balance Sheet 54 Bankers and Principal Advisers 55 Thank you 56 How to contact the BHF Director General Leslie Busk retired after 14 years at the helm of the British Heart Foundation (BHF) and handed over to Peter Hollins in November 2003. members in Westminster.Through Peter Hollins taking meetings and newsletters we are educating this new forum of MPs part in the BHF London and Peers. to Brighton Bike Ride. Other successes this year have been even more highly visible – from the award-winning anti-smoking campaign to creative and innovative fundraising events such as Wear Red for Heart during Heart Week in June and the Real Valentine initiative in February.We have raised awareness of issues from cholesterol to congenital heart disease through media work Thanks to his commitment, and advertising. both effectively and efficiently, and to qualities of leadership, energy demonstrate that we have done so. and sense of humour, Leslie Busk However the most Our Medical Director, Professor Sir has left the Foundation with an important activity for the Charles George, has played a key role excellent working atmosphere Foundation is, and will in ensuring that we are achieving and in good health, as the remain, the funding of value for money from research and made an outstanding contribution results for the year testify. excellent research because to the Foundation. Although Charles we believe that this is the will be leaving us this winter having During Leslie Busk’s years as Director of their unstinting efforts, our way to win the war against become President of the British General, the income of the Foundation events go from strength to strength. Medical Association, I am delighted trebled as did the spending on The 8,500 volunteers working in our heart disease. to be able to welcome as his research, education and care. shops make a vital contribution to successor Professor Peter Weissberg the work of the Charity.The Shops’ While I have no doubt that the war is who is presently BHF Professor of I feel privileged to have the chain made excellent progress this being won, with the latest statistics Cardiovascular Medicine at the opportunity of building on his year, with an increase in profit of showing a continuing fall in the rate University of Cambridge, Head of the outstanding achievements.These over 15% and sales of more than of cardiovascular deaths amongst Division of Cardiovascular Medicine at pioneering research, education and £52 million. under 65-year-olds in the UK, there is Cambridge and Honorary Consultant patient care initiatives played a major still a long road ahead. Despite all our Cardiologist at Addenbrooke’s part in reducing the toll of heart and The BHF has been awarded £19.8 efforts heart disease kills one in five Hospital. He has a particular interest circulatory disease in the UK. million from the New Opportunities men and one in six British women in vascular smooth cell biology. Fund* to provide an additional giving us one of the worst records This year our total income rose by 75 heart failure nurses, 40 cardiac in Europe. He joins an excellent team with a 9% to exceed £90 million for the first rehabilitation programmes and tremendous record, proud of what time. It was an excellent year for 2,300 defibrillators to help save This Annual Report is partly a review they have achieved, and determined Fundraising, thanks to an innovative and improve lives across England. of our progress in that war, describing to deliver even more in future. new approach from the BHF team. the impact we have achieved and the Some 59,000 people joined our We raised £284,000 through the next steps in the campaign. It is also, existing supporters, and 800 people Charity’s new-look bhf.org.uk website, however, an account to our donors have pledged to leave a legacy to which saw a large rise in traffic and and supporters of how we have the BHF. online donations. People can now spent the money they raised on our Peter Hollins register for our fundraising events behalf, often making a personal *Now called the Big Lottery Fund.These Our heartfelt thanks go to the 3,500 and create their own sponsorship sacrifice. I believe passionately that programmes will extend over the next volunteers working in fundraising pages.The All-Party Parliamentary we have a fundamental responsibility three years. A small initial instalment events across the country. As a result Group on Heart Disease has 155 to spend every penny donated to us has been received this year. 2 British Heart Foundation Annual Report and Accounts 2004 British Heart Foundation Annual Report and Accounts 2004 3 Medical Director In his last Annual Report, Sir Charles George reflects on how much has been achieved in research, treatment, education and patient care. I am delighted to see how far we people suffering from chronic heart Although fewer people are now have come over the four years since failure.This debilitating condition dying from heart disease in the UK, the National Service Framework was occurs when the muscle of the heart we still have a long way to go before launched. Around half of the major is damaged and can no longer pump it is beaten. Our aim should be higher fall in deaths from coronary heart efficiently, and affects 880,000 people than simply keeping people alive. disease (CHD) can be put down in the UK. More people than ever are living to improved treatment for heart with coronary heart disease: some patients.Waiting times for heart The contribution made by 2.7 million people across the UK. surgery have been significantly reduced, especially in England. our Professors and their Most heart disease is avoidable if teams is assessed through we take simple measures to improve Four years ago, more than 1,000 regular visits by a panel of our lifestyle. Many people in the UK people were waiting over 12 months are exercising too little, eating diets for a heart operation. By December experts, who review their too high in fat, sugar and salt, and 2003 only a few hundred people work and future research consequently, becoming overweight waited more than six months and plans in detail. We have agreed to fundraise with or obese or developing high blood by 2005 none will have to wait more colleagues at the Institute of Child pressure.This trend has serious than three months. I am impressed by the rising quantity Health at Great Ormond Street. implications for the future rates of and quality of their output. In 2003 Together we will buy and install CHD in the UK and for the freedom This year we spent a record £53.3 two of The Lancet’s top 20 published magnetic resonance imaging (MRI) of future generations to live long million on our main objective, papers came from BHF Professors – equipment which will enable children and healthy lives. research; 7% more than last year. Rory Collins and Philip Poole-Wilson. to avoid invasive open-heart surgery. Another £22.1 million was spent on We have given £1.5 million towards a education and care projects; nearly As well as Chairs, we fund an ever- new centre for cardiovascular research 30% of our regular charitable increasing number of Fellowships for at Leicester’s Glenfield Hospital. Now with lottery money expenditure and 46% more than researchers at different levels.We Professor Sir Charles George in 2002/03. have recently responded to requests We worked in partnership with many we can provide more to introduce four-year PhD training organisations this year, discussing life-saving defibrillators, Central to our research policy has programmes and overall Fellowship issues of mutual interest and moving nurses to support people been the creation of centres of applications were up 37% on last towards a co-ordinated approach. excellence around one or more year.We awarded 129 of these, and The Director General and I represent suffering from heart failure of the 30 BHF Professors we fund 161 project grants. the BHF on the Cardiovascular and extend our pioneering at 16 UK universities, two in Scotland Research Funders Forum which also cardiac rehabilitation and one in Wales.This year we Building on the success of the first includes the Medical Research welcomed Professors John Deanfield, BHF Cardiovascular Initiative (CVI), Council, Wellcome Trust, Diabetes UK, network. Nilesh Samani and Bruce Rosengard, the BHF Council last year approved the Association of the British an academic surgeon from the funding for a second.The first £35 Pharmaceutical Industry and all four USA who will further his expertise million research CVI in 1999 brought Departments of Health. As a result of in cardiac transplantation and together leading scientists and paid this work, we co-funded ten heart regenerative therapy in Cambridge.