Showing posts with label CASH. Show all posts
Showing posts with label CASH. Show all posts

2019-04-27

CASSH 2018: feeling the squeeze

It's that time of year again, where "charities" are forced to release their annual accounts, and semi-numerate baboons such as your humble correspondent paw through the numbers to try to uncover a story. Today's tale is about "Consensus" Action on Salt, Sugar and Health (CASSH).

I have perused the CASSH 2018 accounts and noted in passing that no-one actually checks them. They're still referring to Blood Pressure (UK) as charity number 1059844 (page 2) - this is actually Wetherby Sports Association, they actually meant 1058944. I'm not surprised that the Charity Commission doesn't apply this level of rigorous scrutiny, but it's an interesting data point.

Anyhoo, the CASSH accounts are 50 pages long, and at least 30 pages is tedious self-promo on their salt- and sugar-related activities. News flash, people - nobody cares. The Charity Commission is skipping right to the end to check out the numbers, as did I.

And oh, what numbers. Props to CASSH for cutting their coat according to their cloth, they've basically halved spending on their main "awareness" activities year-on-year; £141K vs £251K. Nevertheless, their reserves dropped from £564K to £483K - down 15% in one year. Their accounts note:

A delay in payment of a large expected donation this Financial Year, plus the return to work of two employees who had been on maternity leave (with reduced pay), accounts for a deficit in income and a surplus expenditure, prompting action by Trustees. The Trustees reviewed the financial position and agreed to release funds from the reserves to cover all core salary costs until such time as the funding gap was filled, expected March 2019.
Hmm. And so we'll see a corresponding rebound in next year's accounts? Colour me sceptical.

Even with a sudden donation increase from £4K to £56K, and the aforementioned throttling of expenditure, the charity is still spending way more than it receives. Unless they can latch on to the teat of a government entity, they're going to run out of money in a few years. It turns out, shockingly, that most people don't really care about sugar and salt consumption, at least not to the point of spending their own money to reduce that consumption in others. Revealed preferences, darlings!

Good luck for 2019, CASSH. Looks like you'll need it.

2019-04-26

Marcela Trust 2018: not much charity, property speculation not working out

Dear reader, if you are still perusing my analyses of the accounts of the Marcela Trust (spending Octav Botnar's squirreled-away cash on trustee salaries and property speculation for a good number of years) then I can only admire your fortitude as I offer up this analytical tidbit based on their 2018 accounts.

Background for the casual observer: the Marcela Trust is sitting on about £80 million of money from OMC Investments Limited, founded in 1971, which seems to be from the former Nissan UK. Although a registered charity, they seem to be a bit tight with their charitable spending. In 2017, they spent £12K on charitable donations and £300K on trustee remuneration. Obviously this was a one-off, and we can expect 2018 charitable spending to resume at appropriate levels.

You know what's coming, don't you?

The Marcela Trust spent even less on charitable activities in 2018 compared to 2017: £11.5K instead of £12.2K. In practice, that's the same £7.5K grant plus a bit less auditor fees. Their spending on trustees was still around £300K, with a steady £225K going Mrs Dawn Pamela Rose (presumed family motto: "payment by results is for suckers!").

Again, this level of payment might be justified if the trustees' shrewd investment strategies in commercial property were paying off. Sadly, their fixed assets (mostly commercial property) took a hit of nearly £8M in the past year - that's nearly 10% of their total funds wiped out in one year. And this in a 10 year property bull market. Great job, guys. What happens when the next recession hits?

I repeat my observation from last year: this does not look like a charity. If I were the Charity Commission, I'd be asking some very pointed questions about the past few years' spending.

2018-10-21

CASH / CASSH 2017 and the importance of attracting funding

Both my regular readers will recall my personal crusade to investigate the Marcela Trust and why UK "charities" such as "Consensus Action Salt for Health" (CASH) and "Action on Sugar" (different branch of same charity) are being funded to stop people eating bacon.

As part of this ongoing investigation I downloaded CASH accounts for 2016-2017 from the UK Charity Commission website. Saved a copy as well for future reference. The TL;DR:

  • Rebranded to Consensus Action on Salt, Sugar and Health (mission-merged title, happened some time after April 2016);
  • Notes that they're associated with charity Blood Pressure UK featuring long-time CASSH reps Katharine Jenner and Prof. Graham MacGregor (and they accidentally mis-cite the charity number, it's 1058944 not 1059844);
  • Blood Pressure UK burned through 30% of their funds in year-end 2017 (£210K to £140K) so it's anyone's guess how long this venture will last without a cash infusion;
  • CASSH brought in £50K in 2017 - down from £215K in 2016 - and spent £250K in 2017 - up from £153K in 2016. So they're down from just over £750K in funds to a bit over £560K. This doesn't seem very sustainable long-term
  • Basically, no-one is giving CASSH any significant amount of money. Tragic, really. I'd imagine that the general choke-off in government funds to "charities" is starting to bite.
  • About half their expenditure is in food salt/sugar surveys; seems that those surveys aren't translating into funding for action. No-one cares about what they find.
  • In summary, CASSH is going to run out of cash in the next 3-5 years unless they can find a charity or government agency with reasonably deep pockets to fund their surveys

Great quote from their annual report:

Andrea Martinez-Inchausti told attendees [of the CASH reception at the House of Commons, sponsored by Sir David Amess MP] that BRC members, such as Tesco and Waitrose, are committed to salt reduction but following initial reductions, further reductions in salt are posing a technical challenge.
Let me guess: no-one wants to eat food with near-zero salt?

In fairness, I'd note that a key difference between CASSH and the Marcela Trust is that the latter sends large chunks of its finances to a few directors in remuneration, whereby CASSH at least has the decency to avoid hosing money at its trustees. (I'm curious about where in detail the £120K of survey cash goes, but have no reason to believe it ends up in CASSH trouser pockets).

Ah, CASSH. It seems that trying to reduce sugar and salt consumption in the UK, or indeed world-wide, is very much a minority interest and not one than people are prepared to back with significant quantities of their own money. I'm sure people talk a good game, but their revealed preferences in funding show that they don't actually care. Sorry guys!

2015-02-28

No cash for CASH

For those following along with our previous adventures with the prodnoses of Consensus Action on Salt and Health (CASH) their 2014 accounts make an entertaining read, with not a little schadenfreude.

Deprived of the £100K that our friends at the Marcela Trust sent in their direction in 2013, via OMC Investments, their fairly steady expenditure rate of £150K per year is maintained this year, but since their income was £30K rather than £140K they ended up with a £120K deficit in spending, eroding their capital down to £766K. At this rate, in 6-7 more years they will be out of funds and out of luck. It seems that no-one really likes CASH or wants to give them money in any quantity - at least, not while the world is watching.

The note in the "Movement in funds" section on p.33 is amusing:

The designated fund will provide working capital to the charity to enable it to continue its unique activities whilst the trustees implement their fundraising strategy.
Yes, I'd be interested in what that strategy is going to be. Are they going to try to tap government funds in the classic fakecharity game - lobby the government to give them money to lobby the government? I'll be watching the CASH website and their subsidiary organisation Action on Sugar to see what they're up to.

2014-04-14

Dodgy assertions from CASH's head medic

The salt-haters have been praising the reduction in dietary salt for an important role in the 42% fewer stroke fatalities and 40% drop in those dying from coronary heart disease:

The researchers, who include Britain's leading campaigner against added salt in food, claim that diminishing levels of salt was "an important contributor" to falls in blood pressure over the eight-year period. "As a result, the decrease in salt intake would have played an important role in the reduction of stroke and ischaemic heart disease mortality during this period," say the authors.
"Would have played"? That's a funny way of saying "was shown at a 95% confidence level to have played"... Co-author Graham MacGregor is the chair of CASH; his daytime job is Professor of cardiovascular medicine at the Wolfson Institute of Preventive Medicine at Queen Mary. So surely we can expect a rigorous and impartial analysis of the data from him.

If I'd been looking to prove or disprove this assertion, I'd have looked at stroke and heart disease rates in a range of patients over this time frame, where I had some objective measure of salt in their diet (urine samples), and looked to see whether patients with lower salt levels (in a group of patients with otherwise similar exercise, age, gender, racial stats) were correlated with lower stroke and heart disease rates. Is this what they did?

Patrick Wolfe, professor of statistics at University College London, took issue with the authors for assuming that the improved blood pressure seen in the 2003-2011 was largely the result of reduced salt intake. "Plausibility of assumption does not equal evidence," he said.
Oh. Apparently not, then. That's a piss-poor basis for the claims CASH (and international co-conspirator WASH) have been touting around about salt reduction. As commentor ID4968047 notes this reduction in strokes and heart disease could equally have come from the reduction in smoking in the past 10 years - the obligation is on Prof. MacGregor to show otherwise. Looking at CASH's writeup of the paper (the link to the paper isn't available yet, looks like) they say:
Confounding factors that were looked at include age, gender, ethnicity, education, incomes, alcohol consumption, fruit and vegetable intake and BMI.
Exercise and smoking are not mentioned. Nor do they reference the increase in statin use - and indeed Aseem Malhotra from Action on Sugar claims that statins are harmful and don't reduce mortality which is interesting as they seem to be a prime competitor to CASH/Action on Sugar's crusades against sugar and salt. Malhotra's claims got panned for lack of evidence by Prof. Rory Collins from Oxford.

It seems that others in the medical stats community have doubts too:

David Spiegelhalter, professor of the public understanding of risk at Cambridge university, cited the researchers' admission that the fall over that time in systolic blood pressure would be expected to reduce strokes by just 11% and heart attacks by 6%, small amounts of the total falls. [my emphasis] Reduced blood pressure did not represent the authors' claimed "substantial contribution" to the reduced death rates.
This is not to say that Graham MacGregor is obviously wrong in his claims. They might be true but it is a real reach to claim that this study supports them. And if this is the best he can do, I'd suggest the Marcela Trust / OMC Investments crowd who are backing CASH find someone with a better stats background to organise their crusade against salt and sugar.

Update: just managed to dig up the link to the full text in BMJ Open. From a quick look the focus was on linking salt reduction with BP reduction but not explicitly with stroke/CVD reduction.

The authors themselves admit:

It is likely that several factors, that is, the fall in BP, total cholesterol and smoking prevalence, the reduction in salt intake and the increase in the consumption of fruit and vegetables, along with improvements in the treatments of BP, cholesterol and CVD, contributed to the decrease in stroke and IHD mortality.
They have a stab at isolating the effect of salt by casting tea leaves:
it was estimated that a 2.7 mm Hg reduction in systolic BP that occurred with salt reduction would be predicted to reduce stroke by approximately 11% and IHD by 6%.
but even then the 2.7mmm Hg reduction figure they quote is the net over 8 years including factors such as decrease in smoking and increase in statins, so to attribute it to just salt reduction is "optimistic". They appeal to studies in Japan and Finland in the late 60's / early 70's but the huge gaps in time, diet and environment between now and then render the comparison unconvincing. If that's the best argument they've got to offer, I'd hate to see the ones that didn't get selected for use in the paper.

The conclusions are what kill the paper for me:

The reduction in salt intake is likely to be an important contributor to the falls in BP in England from 2003 to 2011. As a result, the decrease in salt intake would have played an important role in the reduction in stroke and IHD mortality during this period. [my emphasis]
That's a terribly weak conclusion even to my relatively untrained eyes. If they could state this more strongly, they would. Instead, they reserve their strength for polemic:
... the mean salt intake in England (8.1 g/day in 2011) was still 35% higher than the recommended level of 6 g/day, and 70% of the adult population (80% men and 58% women) had a daily salt intake above the recommended level.[14] Therefore, continuing and much greater efforts are needed to achieve further reductions in salt intake to prevent the maximum number of stroke and IHD deaths.
Reference 14 doesn't justify the 6g/day level, it's just a measurement of sodium levels. The authors don't make any reference I can see to why the recommended level should be 6g/day and not (say) 10g/day or 3g/day. If you're appealing to magic figures in your conclusion it doesn't give great confidence in the rest of your article.

2014-02-05

Now CASH are going after beer

Dear little green apples, it seems that our beer is too sugary:

Cardiologist Dr Aseem Malhotra said: ‘The levels of sugar in some of these drinks is quite staggering.
'There's nothing wrong with the occasional drink but unfortunately we are consuming much more than is good for us.' Dr Malhotra said alcohol-related ill health is costing the NHS £3.3 billion a year.
Nine teaspoons of sugar in a pint of real ale, apparently. Whoop de doo. That's about 36 grams, or two and a half tablespoons. And on the (unsourced) £3.3 billion, I note that alcohol duty is £10-11bn so it would seem to be more than covering its alleged costs.

Who is cardiologist Dr Aseem Malhotra? Oh look, he's listed as one of Action on Sugar's medical advisors:

Dr Aseem Malholtra, Cardiologist and Science Director of Action on Sugar
And yet, he doesn't publicise any academic connection unlike most of the Action on Sugar advisors. How curious. He's a HuffPost contributor who identifies as "Cardiologist and writer with a special interest in improving the nation's diet". A bit of digging indicates that he's a cardiology registrar at Croydon University Hospital. I'm sure he's a perfectly good registrar but, let's face it, CUH is not known as one of the great medical research establishments. Even his BMJ article is "Observations", not a research paper.

So CASH/Action on Sugar's science director seems to be a rather second-rank medic. Shallow calling unto shallow, I guess.

2014-01-15

Action on Sugar - the revenge of CASH

I've been vaguely following the UK War On Sugar, but not paying much attention. However, Simon Clark at Taking Liberties spotted that Action on Sugar have more than a passing connection to our Marcela Trust funded friends at CASH:

The [actiononsugar.org] link takes you to the website for Consensus Action on Salt and Health (CASH) so when Action on Sugar say "staff share other research projects" I imagine that's what they mean.
And indeed, here's the relevant "whois actionsugar.org" information:
Domain Name:ACTIONONSUGAR.ORG
Created On:02-Oct-2013 15:03:20 UTC
Last Updated On:02-Dec-2013 03:45:39 UTC
Expiration Date:02-Oct-2015 15:03:20 UTC
Sponsoring Registrar:eNom, Inc. (R39-LROR)
Status:CLIENT TRANSFER PROHIBITED
Registrant ID:8259a6739c6b982d
Registrant Name:Katharine Jenner
Registrant Organization:Consensus Action on Salt and Health
Registrant Street1:Wolfson Institute; Charterhouse square; Queen Mary Universit
Registrant Street2:London
Registrant Street3:
Registrant City:Queen Mary University of London
Registrant State/Province:London
Registrant Postal Code:ec1m 6bq
Registrant Country:GB
Registrant Phone:+44.2078826018
Registrant Phone Ext.:
Registrant FAX:
Registrant FAX Ext.:
Registrant Email:cash@qmul.ac.uk

Back in 2012 I probed into CASH which turned up the Marcela Trust as a funding source. What's happened in the past year?

CASH's 2012-2013 report drops hints that their interests are broadening out from salt to include sugar (sugar-sweetened beverages in particular) and saturated fats. Their registered charity number is 1098818 which let me find their end of 2013 accounts:

  • CASH doesn't seem to be very popular in terms of public donations, and their finances aren't looking that good: total income for the year was £141,335 (2012: £261,590) and expenditure was £140,490 (2012: £169,750)
  • OMC Investments Ltd (proxy for the Marcela Trust) gave them £200K in 2012, but only £100K in 2013. Perhaps they didn't like the publicity that they got last year... Note that they're still 70% of CASH's funding.
  • The rest of their income is made up of donations (4k), interest (17K), fund generating activities (17K) and "other" (2K). Their interest is basically 2% on £880K of funds.
  • The British Heart foundation gave them 30K in 2012 but nothing in 2013.
  • CASH shifted 300K of cash into long-term investments during the year.
Looks like CASH can run for a few years on their reserves, but without continuing OMC (Marcela Trust) investments, they're screwed.

actiononsugar.org domain registrant and nutritionist Katharine Jenner is quite the campaigner:

Katharine is a Registered Public Health Nutritionist and the Campaign Director of the award winning salt reduction charity CASH (Consensus Action on Salt and Health) and its international arm WASH (World Action on Salt and Health) [...] Katharine worked as a media strategist for several years and as such is very interested in developing innovative approaches to communicating public health.
Specifically, banning salt, sugar, and who knows what else...

I wondered how CASH got their 880K in funds so I dug back a few years.

One is left with the inescapable conclusion that CASH (and hence actiononsugar.org) is principally a lobbying arm of the Marcela Trust, funded through OMC Investments. Don't put sugar in the tea you offer Dawn Pamela Rose from the Marcela Trust, she'll tell you that she's sweet enough.