Cardiology Research TrustHealth Charity in Christchurch

Cardiology Research Trust is a Trust charity in the Health sector, based in Christchurch, Christchurch. CharityData rates this charity C+ (67.9/100). Annual revenue: $0.1M NZD. Financial data as at March 2024.

Mission: The advance of medical research and education into all aspects of heart disease. To provide the purchase of specialised equipment, books and scientific journals concerning heart disease.

Registration Number
CC10340
Charity Type
Trust
Registration Date
2007-05-24
Status
Active
CharityData Rating
C+ (67.9/100)
Sector
Health
Location
Christchurch, Christchurch
Email
mschimanski@accounting.co.nz
Data as at
March 2024

Financial Summary

Total Revenue
$0.1M NZD
Total Expenses
$0.0M NZD
Reserve Months
51.2 months of operating expenses
Volunteers
1
Financial Year End
2024-03-31

Financial History

YearRevenueExpensesNet Assets
2024$0.1M$0.0M-
2023$0.0M$0.0M$2.3M
2022$0.1M$0.0M$2.3M
2021$0.1M$0.0M$2.4M
2020$0.1M$0.0M$2.2M
2019$0.1M$0.0M$2.4M
2018$0.1M$0.0M$2.3M
2017$0.1M$0.0M$2.2M
2016$0.1M$0.0M$2.1M
2015$0.1M$0.0M$2.0M

CharityData Rating

Overall Grade
C+
Overall Score
67.9/100
Financial Score
73.5
Governance Score
55
Transparency Score
65

Board Members and Officers

Current Officers (4)

NameRoleAppointed
Rosemary IkramTrustee2018-06-13
Derek John CrazeTrustee2007-04-11
Hamid IkramTrustee2007-04-11
Ian George CrozierTrustee2007-04-11

Former Officers (1)

  • Desmond James BoyleTrustee (departed 2017-11-16)

Similar Charities in Health

HealthTrust

Cardiology Research Trust

CC10340Christchurch, ChristchurchRegistered 24 May 2007
Data updated: 1 Sept 2026
Financials31 Mar 2024Rating19h ago

Financial data as at March 2024. Sourced from Charities Services register.

C+
68/100
Balance sheet from 2023 used (not reported this year)
Financial
74
Governance
55
Transparency
65

Reasons to look carefully (2)

These structural observations are drawn from public data and are worth considering before a donation. They are not allegations of wrongdoing, and they don’t affect the charity’s letter grade.

  • No chair designated
    Board of 4 with no chair designated on the register
  • Current annual return overdue
    The newest annual return we hold is 29 months old — a more recent return may already be on the Charities Services register

Each signal is a data-driven observation, not a judgement. They fire automatically from the figures filed with Charities Services. A charity can address any of these by filing fuller disclosure or updating its officer register. Methodology: /about/methodology/concern-signals.

Revenue

$50.1K

Expenses

$30.9K

Financial data from Charities Services annual return (FY2024). Ratings calculated using CharityData v3.1.1 methodology.

Endowment Foundation

Special Entity Type

This is an endowment foundation that holds investments and provides grants. High reserves are expected and appropriate - this is not an operating charity.

Rating Note: Endowment foundations are rated using specialized criteria that recognize high reserves as appropriate. Metrics like grant distribution rate and investment returns are prioritized over program spending ratios.

About

Mission

The advance of medical research and education into all aspects of heart disease. To provide the purchase of specialised equipment, books and scientific journals concerning heart disease.

Key Statistics

Annual Revenue
$50.1K
Total Expenses
$30.9K
Net Assets
-
Volunteers
1

Financial Trends

Financial Trends (17 Years)

Revenue Breakdown

Expense Breakdown

API Data

Based on annual return data. Detailed program/admin breakdown not available.

Financial Health Dashboard

Cents to the Cause
100c
For every $1 spent, 100c reaches programs
Strong
Sustainability
0mo
Could operate 0 months with zero revenue
Critical
Fundraising Cost
-
No fundraising data
No data

Based on latest annual return data. Metrics are calculated from reported financial data and may not reflect the full picture. View methodology

Revenue Diversification

0
Score /100
Highly Concentrated
HHI: 10,000
High Concentration: 100% of revenue from Investment Income
Investment Income100.0%

HHI (Herfindahl–Hirschman Index) measures concentration across 6 income categories. Lower HHI = more diversified. Score above 60 indicates healthy diversification.

Peer Comparison

Ranked against 235 peers · Health · Under $100K

Rating Score
68
#40/236
Revenue
$50K
#59/236
Reserve Months
51.2
#1/236
Surplus
$19K
#24/236
Staff Cost %
0%
#1/236

Peers are charities in the same sector and revenue size band. Rankings are based on the latest available data.

Rating

C+
Score: 67.9/100
Financial
73.5
Governance
55
Transparency
65
Why this grade: Financial 74 × 40% + Governance 55 × 60% = 62 → C+.
View Full Score Breakdown

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Contact Details

Address
Christchurch, Christchurch

Registration

Registration NumberCC10340
Entity TypeTrust
Registered24 May 2007
StatusRegistered

Sector & Activities

Primary Sector
Health

Data sourced from Charities Services register and publicly available annual returns. Our datasets may not be complete. Automated analysis can produce errors. Scores are calculated using disclosed methodology and are analytical tools, not investment ratings or recommendations. If you believe any data on this page is incorrect, please contact us at hello@charitydata.co.nz. For informational purposes only. Not investment advice. Last updated: 11 September 2026.