August 05, 2013
High street support helps boost vital research
Thanks to your donations on the high street,
we have been able to boost our spending on life-saving
Our latest Annual Review, called Team
BHF, shows we opened 36 new shops in 2012/13, including 16
larger Furniture and Electrical stores. It takes the total
number of BHF shops across the UK to
732, confirming its position as the biggest charity retailer in the
download our Annual Review
Thanks to invaluable support from the
public, our annual retail sales profit rose by 8 per cent to £31.1
million. In the previous financial year, we had sales profits of
A decade ago, our shops had declining profits
of just £8 million. Today, the charity is one of the fastest
growing home retailers in the UK. It recycles around 50,000 tonnes
of donated goods each year, including books, clothes and
Such strong support from shoppers meant we
could invest £90.7 million in research in 2012/13, including £9.6m
on finding a cure for heart failure as part of
our Mending Broken Hearts Appeal.
The previous year, we invested £88.4 million in research.
Our Chief Executive, Simon Gillespie, said:
“Thanks to incredible support up and down the UK, including on our
high streets, we’ve had a record-breaking year. In tricky economic
conditions, donations and retail profit have increased and allowed
us to fund a vast amount of trailblazing
science that has taken the fight to heart disease.
“Ten years ago, our shops were raising £8
million and reporting a decline. Now profits are almost four times
that amount and our shops are more popular than ever. Our
investment has yielded excellent profits and allowed us to spend
even more on our charitable objectives.
“If you’ve been through the doors of one of
our shops you’re part of a life-saving team which has helped raise
millions of pounds for vital research.
The fight can’t end here though and we need more donations and
support each year if we’re ever going to end the suffering caused
by coronary heart disease, the UK’s
single biggest killer.”