C)IKCA
Charity nllmber: 1000580
IMRAN KHAN CANCER APPEAL
Shaukat Khanum Memorial Trust
Trustee$. report And tIDancl41 statements
for the year ended 31 December 2021

Shaukat Kh*num Memorial Tru$t
Tru5teei' report and finarscial statements
for the ye2r ended 31 December 2021
Contents
Pag¢
Legal and administrative infornution
Trnste¢s report
AudJ"tors' report to the Tn￿ree$
Statement of financial activities
io
Balance sheet
li
Statement of Cash Flows
12
Notes to the financial staiemenis
13-17

Shaukat I<hanum Memorial Trust
Legal gnd adminlstratlve Information
for the year ended 31 Dece)Dber 2021
StAtus
Established under a TTUSt Deed Dated 27 July 1990
Trustees
Imrdn Khan
Taher Nawaz
Asmi Darr
ch￿lty number
1000580
Charity Correspondent
and addres5
Mr Ikhlaq Ahmad
PO Box 786
Bradford
BD5 OYE
AL￿1t￿r$
Shipleys LLP
10 Orang¢ Street
London
WC2H 7DQ
Bankets
Barclay5 Bank Pl¢
National Westmtn5ter Bank PLC

Shaukat Kbanum Memorlal Trust
Trustees, report
for the year ended 31 D¢¢ember 2021
The knJMees pteseni their report and accounts for the year ended 31 December 2021. The financial sEatem¢nts
have bttn prcpared in accordanc¢ with the accounting kN)licies set out on pages 13 and 14 and COTnply with the
Charity's Trnsi Deed and applicable law.
STRUCTURE GOVERNANCE AND MANAGEMENT
ObJe¢ts
Shaukat Khallum Memorial Trust {also known as The ItDran Khan Cancer Appeal) wa5 establtshed Under a trn5t
deed dated 27 July 1990. Its objects are:_
to pronM)tc re5eAr¢h into the cDuse5 of and a cure for csncer and simÉlar disews
the establishmen4 eDdowinent of or rnakin8 grants to h05Pita]5 ond similar iTrsiitutioN it) Pakistan for
cancer sufferers
The funh¢T8n¢¢ of cancer education
Assisting cancer suffcrer5 Èn Pakistan by grants
En¥aging in any aciiviiies which will lessert the sutTerin8s of cancer patients in Pakistan
Governing DoeuEnent
The charity's govemillg document is o ttust deed dated 27 July 1990. The charity is not in¢orporared.
]rnr￿ KhaTJ. Taher Nawaz and Asmi D8Tr served as ttwtees during the year.
The ￿Wer of appointing new Trustees of the Charity is ves*d in Imran Khon os the Settlor and after his death '
su¢h person or t*r50ns as he shall by deed or deeds revocabk or irrevocable or by will or ¢odicil appoini.
Any n¢w trusttts would receive training froTll an existing trwiee about the charity and their T¢$￿1￿51b1l1(ieS as
trustee and would ree¢iv¢ a ¢opy of the Charity Com[ni￿lon,5 8uide for new tru5tee4 'CC3 - The Essential
TrUs￿e.. Whal You Need to Know" Ongoing training is provided as Tequired.
The trustee5 are aware of their legal duties and Comply with th¢ Charity Governance C￿]e.
0ry4DisatiO
The overall policy for the ¢b￿lty is deterniined by the Trustees and the day to day rnanagemenr is overseen by
Mr Ikhlaq Ahmad with the 4ssistaDce of other paid 5￿ff. Remuneration for key management personnel 15 based
on market rdte5 taking In￿ a¢¢ouni th¢ir efforts and the level 0rdon￿l0￿$ re¢eive4L
Risk Mxn*gemeTht
The Charity's tn]stees have considered the major risks to which the chrity 15 exwJ5ed and have reviewed those
risk5 and esrablished systems and procedures io manage the risks.
The principal risks to the Charity are natufdl disasters diverting donatLon$ lo those affected by such disasRrs and
coIDpetiiion from other chArilies. The ¢h8rity makes use of media and digital platfOrn￿ to highlighi the tra81¢
Circum￿C5 laced by cancer p8tients.
The managcmeni ensur¢s thai ihc int￿1a] controls ar¢ observed and reviewed periodically. The manA%¢m¢nl also
ensures th* sufficient resources are maÈntained to meel any adverse or emergency eveDL

Shaukat Khanum Memorlal Trust
Trustees, report
for the year ended 31 December 2021
OBJECTIVES AND ACTIVITIES FOR THE PUBLIC BENEFIT
The ttiJstee5 have given due regard to the Charity Commission's guidan¢e on public benefit when reviewing the
aims and objectives and in planning the future activities of the ¢hatity.
The charity continues to provide grants to 5UPPOrt the Shaukat Khanum Memorial Canctr Hospital & Research
Centre in Pakistart. which was founded in 1994 by Imran Khan, a trustee of the Charity. The hospital nms
primarily on donations and generous contributions from around the wtsrld. The hospital has cstablished itself as
a eentre of ex¢ellence, providtng treatsnent to thousan(ts of canccr patients, who would otherwise be unable to
afford cancer care. The Shaukat Khanum Memorial Tjust is committed to provide diagnostic and therapeulic
care absolutely free to cancer patients who cannot afford IL Since 1994. the hospital has Come 2 long way, but
there is still a lot to be accomplished. Expansion plans for the future are already undenvay for uP￿ading existiD8
facilities and diversifying efforts for cancer treatment and research.
Globally comparable with the best cancer hospitals, the Shaukat Khanum Memorial Cancer H05piÈal & Research
Centre has the latest faciliiies for cgn¢er diagnosis and trea￿ettt_ The hospital has facilities for initial evaluation
of suspe¢ied and diagnosed ¢an¢¢r po1i¢nts- both for adults and ehildr¢n. Diagnosiic facilities include radiology*
laboratory medicine, endoscopies and nucleai tnedirine. Facilities for multitnodality ITeatmenl include surgery,
radiation and chemotherapy. The Bone Marrowlstem Cell Transplant unit had been opened with the first Bone
Mam)w Transplantstion proccdurc w2s ca￿led out in April 2006. The Shaukai Khanum Memorial Cancer
Hospir81 & Research Centr¢ opened a multi-storey diagnostic centre in Karachi which is equipped with stat¢ of
the an PET CT scanner. This will ensure thai patients do not have to travel long distances for their diagnosis.
The h05Pital h&s been able to provide free of cost treatment to the poor aNi over the years 750/0 of the patient5
have been so assisted. A specialist callcer hospital has beett built in Peshawar and is now serving thousallds of
cancer patients in NWFP regioo. The ¢on$tm¢tion of Karn¢hi hospital has began and the largest Shaukat Khanum
ho$pital is taking $hape whi¢h is s¢heduled to open its doors in Dec 2023.
The aim of the Shaukat Khanllm Memortal Can¢er Hospital & Research Centre in Pakistan is to &lleviate the
suffering of pati¢nts with cancer through the application of modern methods tsf curative and palliative therapy
irrespective of their ability 10 pay. the educaliotj of health tar¢ prof¢ssiona15 and the public, and p¢rfom] T¢sear¢h
into the causes aT2d tre8ttnent of cancer. The Charity provide5 the grant in furtherance of the charitable objectives
of the Charity. which are in line wth the objectives of the Hospital.
The I￿stee$ of th¢ Charity gtve their time freely and receive no remuneration for their serviees.
The charity has the support of many volunteer5 to assist with fundraising. particularly during busy times of th¢
year including during Ramadan. During tht year the charity had 455 {2020.. 2761 volurtteeTS.

Shaukat Khanum Memorial Trust
Trustees, report
for the year ended 31 Deetmber 2021
ACHIEVEMENT& PERFORMANCE AND FINANCIAL REVIEW
The total ill¢ome amoullled to £13,942,179 (2020.. £12,360566). The principal source of income is doDatioDs.
These are tnainly frorn donors who have an atTinity with Pakistan or who arc relatives of the Patien￿ but also
from people who support the charity in providin8 quality cancer care to the underprivileged.
The ¢haritabl¢ expenditure tr•J$f¢rr¢d an gmouni ro Shaukat Khanum Memorial Trust in Pakistan for the benefit
of lh¢ Shaukai Khanum Memorial Can¢er Hospithl & Research Cenlre in the year, totalling £l1.250.000 in one
ins¢almeDt {2020-. £9250.000 in on¢ ins¢alment}. Funds are sent either wh¢n adcquate arnounts have been
¢olle¢¢ed or ]n reswis¢ ￿ a rtyuesi from the TTUSI in Pakistsn.
A second hospTth] in Peshawar was opened on 2*h December 2015 which 18 rnakuw a huge difference.
The thiTd Shaukat Khaltum Mernorial Canttr H¢)spitsl tn K2rachi 1$ taking sh2pe with the fvll sk¢ldon in place
and some of th¢ inn¢r rwms compl¢ied. Thousands ofp)or¢8n¢¢rpatients ¢ontinue ¢0 suff¢r in and around Sindh
provitice as they catmO¢ atTord to make repeatcd trips to Lahore or Pethowar. Thc Shaukat Khanum hospil81 '
Karachi will be of an iMTnCn￿ imporlancc for such cancer paticnts. who would be able to access cornprehensiye
ancer facilities all under one roof. Our aim is to finish the work and open the doors to the public by December
2023 looks very much dauniing due io The ¢hallenging lime bur we are siill d¢￿M]ined on ¢ompleiing the project
on time.
IlThilst in the past fundraising has bcen arranged by events organised by volunteer5. the spasmodic nature of such
eveDiS m¢ant that funds raised varied enorniously. The mass rnarket was approached throLtgh advertisements and
mail shots and infornati¢)n leaflets to regular donors and others and this has now be¢tsme lh¢ main$tsy of the
Charity's fundraising. Costs are kept low as Tnuch ofthe work 18 done by volunteers. The Charity prid¢s itself on
incurring the leasi possible costs when COTnpared to funds generated. to ensure that as mu¢h of the funds reach
their intcnded de$iination &$ is possible. instead of105ing funds to ¢o$ts. This yeardirect fundrnisin8 ¢06L¥, mainly
Jstage. pnntin8 ortline m8Tk¢ting arnounted to £1.415,81112020.. £1201.0631.

Shaukat Khanum Memorial Trust
Trustees, report
for th¢ year ended 31 December 2021
No professional fundraiseis have been employed. The charity has not Yoluntatily sUb￿rib¢d to any fundraising
stan(lard or scheme. The charity has not received any complaints regarding its fi]ndraising activities. A review of
the performance of fulldiaising activities against fimdraising objective5 15 carried out on an annual basi5 by the
trnsiees and the next years budget objectives are s¢t.
At the yeAr*nd the unrestrÉ¢Trd funds or reserve$ available for distribution by the Trust¢¢s amounted to
£5,210.983 12020.. £4.130.1481. The Ttustees intend to maiDtsin enough reserves in order to tneet any adverse
or emergency event Suffered by the TI￿st or the Shaukat Khanum Memorial Cancer Hospital & Research Centre.
which is 5UPPOrted by the Tmst. Th¢ minimum amount required to eover any emergency event is £llX),(M)O.
PLiNS FOR THE FUTURE
The charity is ¢ollllnitted to ¢tsntinue Taising money for the Shatht Khanum Memorial Cancer H05PLtal and
Research Centre, so that the h05Pital catl Continue to fun¢tion adequately, to expand its operation5 to other areas
of Pakistsn and to contitwe its research in the adYau¢emeni of cancer treath)ent.

Shaukat Khanum Memorial Trust
Trustees, report
for the year ended 31 December 2021
STATEMENf OF TRUSTEES, RESPONSIBILrrIES
The Trustees areresponsible forpreparing the Trustees, Annual Report and the financial statements in accordance
with applic2bl¢ law United Kingdon) Accounting Standards (Ut)itcd Kingdonj Generdlly Accepted
Ac¢ounling Practice).
The law applicable to charities in England and Wales requires the trustee5 to prq)are financial statements forea¢h
financial year which give a tNe and fair view of the state of affairs of the Chariry and of its income and
¢xp¢nditurc for that perioL Jn preparing those financial statements. th¢ TrL]Stees are required to-.
sel¢ci suitable accounting policie5 and then apply th¢m Consisteoily;
observe th¢ methods and principle5 in the Charities SORP-
make judgernefjts and estimaw that are re&8onable alld prudeDL
state whether applicable accountiU8 Standards have been followed subject to ally rnaterial departures
disclosed alld explailled in the fll)ancial ststements-
prepare the financial statements on the going concern basis ut)les5 It is inappropriate to presume that the
Charity will continue in bu$in¢s$.
The Trustees are responsible for keeping proper ac¢ounting records which disc105e with reasonable accuracy al
any time the financial position of the ChaTily and enable them to ensure that the financial statements comply with
the Charities Act 2011. the Charity {Acctsunts and Repoftsl Regulations and th¢ provision$ of the trustdeed. They
are a150 responsible for safeguarding the assets of the Charity and hence for tsking reasonable steps for the
prevention and dtt£ciion of fraud and tsther inegularities.
l.(. Gck 2j2
This report was approved by th¢ Trustees on ..
.and signed on its behalf by..
Mr T Nawaz
Trustee

Shaukat Khanum Memorial Trust
Independent Auditor5, Report to the Trustees of Shaukat Khanum Memorial Trust
for the year ended 31 December 2021
OpinioD
We have audited tbe financial statements of Shaukat Khanum Melllorial Trust {th¢'Charity'l forthe yearended
31 December 2021 whi¢h Comprise the Statement of Financial Activities. the Balan¢e Sheeu the Statement of
Cash Flows and notes to the financial statements. including a summary of significant accounting policies. The
financial reporting fraTnework thai has been applied in theirprep8Tarion is applicable law and Uniied Kingdom
A¢couniing Stsndards, including Financial Reporting Standard 102". The Ftnaneial Reporting Standard
applicable in the UK and Republi¢ of Ireland (United Kit]gdom Generally Accepted Accouniing Practice).
In our opinion, the financial statements..
give a true and fair view of the state of the Charity's affairs as at 31 December 2021 aTMI of its income
and expenditure for the year then ended.
have been properly prepared in accordance with United Kingdom Generally Aecepted Accounting
Practice:
have been prepared in accordance with the requIre￿ents of the Chatities Act 2011.
Basls lor oplnlon
We ¢ondu¢t¢d our audi¢ itt ac¢ordan¢e with International Standard$ on Auditing {UK) (ISAS (UK)) and
applicable law. Our responsibilities under those 5tandaids aTe furtheT de￿nbed itt the Auditor's responsibilitie5
for the audit of the financial statements section of our report. We are independent of the Charity in accordance
th the ethic21 requiiements that are relevant to our audit of the finan¢i#l statements irt the UK, in¢ludtng the
FRC'S Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these
requirements. We believe tbat the audit evidence we haye obtained is suffieient and appropriate to provide a
basis for our opinioll.
Conclu$ions relatlDg to going ¢0￿cer
In auditing the financial statements. we have concluded that the t￿Stee$, use of the goEng eoncern basis of
arcounting in the prepardtion of the financial statements is appropriate.
Based on the work we have perfomjed. we have not identified any material un¢¢rtaintie5 relating to ev¢nt$ 01
Conditiolls that. individually or collectively, may casi signifi¢ant doubl on the Charity's ability to ¢ontiDUe as a
going concern for a period of at least nvelve months from when the fitLan¢ial statements are authorised for
issu¢.
Our responsibilities and the resptsnsibilities of the trustees with respect to going ¢on¢em are described tn the
relevant Sections of this report.
Other informAtlon
The trnstees are respotJ$ible for the other Inforn￿ll0n. The other infomation cornpri5e5 the inforniation
included in the annual report other than the financial statements and our auditoi's report thcreoll. Our opinion
on the financial statements does not cover the other inforn)alion atjd, except to the extent otherwise explicit]y
stated in our report. we do not express any form of &ssurance conelusion Ihereon.
In corJn¢ction with our audit of the fmancial statements, our responsibility is ttTr read th¢ other infonnation and,
in doing so. consider whether the other infonnation is materially incon5i5tenl with the financial staternents or
our knowledge obtained in the audit or othe￿Ist appeaT5 to be mat¢rially misstated. If we identify such
material inconsistencies or apparent inaterial MI￿tateMents, we are rquired to detemine whether there is a
material rnisstatement in ihe financial statements or a maierial mi5Statement of the other inforniation. If, based
on the work we have perftsrtnel we conclude that the￿ is a tnaterial misstatement of ihis other information.
we are required to rwrt that fact.
We hav¢ nothing to rew)rt in this r¢gard.

Shaukat Khanum Memorlal Trust
Independent Auditors, Report to the Trusttts of Shaukat Khanum Memorial Trust
for the year ended 31 December 2021
Mgtters ott which we 4r¢ requlred to report by exctptio
In the light of the knowl¢d8¢ and understanding of the Charity and environmeni obthined iti the course of the
audit. we have not identified mat¢rial misstatements in the Trustees, Annual Report.
We have nothtng to report in respect of the following matters in relation io which th¢ Charities (Accounts and
Reports) Regulations 2008 requir¢$ us w report io you if. in our opinion-
the illfornatloll giv￿ in the Tru51cc5' Annual Rcport is inconsistent in any tnatcrial rc5pect with th¢
firt8n¢ial ststanenis:
Sufficient accounttn8 rwords have not b¢en kep¢
the financial stalemenL% ore not in agr¢¢mrnt with the accounlin8 reeords and returns. or
we have noi obtaind all the infonnaiÉon and explanations necessary for thc PUT￿￿5c5 of our audiL
Rejponsibilities of the trusttts
As explained more ￿llY in the trustees. respoTh%Ibiliti￿ Statemetkt S. the trustees gre respOnsi￿le for the
prepaTation of the financial s¢atements and for being satisfied that they 8iv¢ a tye and fatr view. and for such
internal coDtroI As they detemline is necessary to enable the preparotion of fll)an¢ial that are free
from rnaterial misstatement. whether due to fraud or error.
In prq)arin8 the finantial stAtements. the trustee5 are responsible for &85¢58ing the Charity's ability ￿ Continue
as a going concern, disclosing. as applicable. matters related to going ¢oncern and using th¢ going concern
basis o*a¢¢ouniing unless (he tnJs*es ¢ith¢r intthjd to liquidat¢ the Charity or io c¢a5e operation& or have no
rcalistic altemative bui w do so.
Auditor's responsibuitles for the Audlt ofthe financial it*temeTrts
We have been appoinred as audttor under se¢tion 144 of the Chariiies Aci 2011 and wort tn accordance with
the Aci and relevant regulations made or having effect therojnder
Our objectives are io obtain reasonable &ssunnce about wh¢th¢r the finon¢ial stsiements as o whole are free
from material misststemcnL whcthcT duc to fraud or error. and to i55uc an audÈtor'5 rerAyrt that includes our
opinion. Reasonable assurance is a high level of a￿Urance. but is not 8 8uarantee th8t an audit conducted in
accordance with ISAS (UK) will ￿WayS deie¢t a material misstst¢menl when tl ¢XISI&
Irregularities, including fraud, are irtstan¢es of non-compliance with laws and regulaiions. We design
procedures in line with our responsibilities. outlrned above. io deteei materiAI mi5Statements in rtspect of
itregulaTities, tn¢ludin¥ fraud. The extent to which our procedures are capable of detectin8 Lrre8ularitieK
includin8 fraud is de¢ailed b¢low:
We obthined an urtdeyswnding of the charity's activities. ¢ontrol$ and laws and regulations and
assesxd the 5U%ePtibility of the charity's financial thiements to materia] misst2iemenr from
iTr¢gularÉiie& including fraud.
We determined thai the jaws and regulations that are most Si8Difie4ni to the ehatity are the Charities
(Accounts and Reports) Regulations 2008. the Charities Act 2011. the Fitwicial Reporting S¢andard
applieable in the UK and Republi¢ of ￿land IFRS 1021. A¢¢ountlDg aDd Reportin8 by Cbarities.-
Siatement of Recommended Practice appli¢able to Clw¢¢ies preparing their accounts in accordance
with the Financial Reporting Srand2rd applicable in th¢ UK and Rq￿blIC of Irc]and {FRS 102)
(Charities SORP FRS 1021 and the Trust Deed.
Based on ¢hi$ understanding we designed our audit pro¢￿Ur¢S to d¢t¢¢ting irregularities. includin8
ud. Tc5ting undert¥k¢n included making enquiries Of th05c charg¢d with governance: journal entsy
te51in8'. review of bank lenersand governing document. reviewitlg financial statement disclosur¢5 and
testing to suppomng documentstion to assess complianLc with appliiabl¢13w$ at)d regulations. These
proc¢dures weredesigDedtoproviderc&sonablcas5urance thai the finoncial Statements were free from
frkud or effor.

Shauk2t Khanum Memorial Trust
Independent Auditors, Report to the Trustees of Shaukat Khanum Memorial Trust
for the yexr ended 31 December 2021
A ￿rther description of our respon5ibilitses for the audit of thc financial statements is locaied on the Financial
Reporting Council's websiic at.. www.frc.org.uklaudittsrsrestN)nsibilities. This dcscription fom)s paff of our
auditor's reptsrt.
U$¢ of report
This report 15 made solely to the Charity's tnjstees, as a body, in accordance with section 144 of the Charities
Act 2011 and the regulations made under sectiorl 154 of that Act. Our audit work ha5 been undertaken so that
we might s¢aEe to the Chariry's trustees those matter5 we are required to slate io ihem in an auditor'5 report and
for no other purpose. To the fvllesi extent pern)itt¢d by law. we do not accept or assume responsibility to
anyone other than the Charily's trustees as a body. for our audit work. for this report, OT for the opinions we
have fomed.
LLP
Shipleys LLP
Chartered Accountants & Statutory Audltors
10 Orange Street
London WC2H 7DQ
2811012022
Shipleys LLP is eligible for appointment as Auditor of the charity by Yirtue of its eligibility for appointtnent as
ditor of & cotn])any under section 1212 of the Companies Act 2006.

Shaukat Khanum Memorial Trust
StatemeDt of Financikl Activlties
For th¢ year ¢nd¢d 31 December 2021
Unre$tricted Funds
2021
2020
Total
Total
Note$
IF4COME
Donations
13.942,179
12,360,566
Total Intome
13,942,179
12,360.566
EXPENDITURE
Costs of raising funds
Costs of Charitsble a¢tiviiies
(1,611,344) {1,359.1361
{11.250.000) (9.250,0001
{12.861.3441 {10.609,136)
Net Income and
movement In funds for the year
1,080.835
1,751.430
Total funds brought forw#rd
4,130,148
2.378.718
Total c8rried forward
£5.210,983
£4,130,148
The note5 on page$ 13 to 17 form an integral part of these financlal statements.
10

Shaukat Khanum Memorial Trust
Bal*n¢e Sheet
As gt 31 Decetnber 2021
2021
202
Notes
Current assets
Cash at bank and in hand
Gift aid debtor
Other debtors and prepayments
2,38J,760
2.750,000
89,189
1,857,321
2.200,000
90,018
5,222,949
4,147,339
Creditors: aJDoullts fallillg due in
les$ tball otte year
Other creditors and accnwls
Net eurrent #$set$
5,210,983
4,130,148
Total assets le55 current Ilabtutle$
5.210.983
4,130.148
Net &uet$
5,210,983
4,130,148
Funds of the charlty
Unrestricled funds
10
5.210,983
4,130,148
5,210,983
4.130.148
The financial ststements were approved by the TTU5tee5 on. .
and 518ned on its behalf by..
Mr T Nawaz
Trustee
The Dotts pages 13 to 17 form on Integral part of the$¢ financial statetntnt$.

Shaukat Khanum MemorEAI Trnst
Statement of Cash Flowi
For lh¢ y¢Ar ¢nd¢d 31 De¢ember 21)21
2021
2020
Clih flows frorn Dper*thig •ctMdes
Net inwme
1.080,835
.751.430
Adjwlmentsfor..
IDcrew ID debtors
DKwse in creditors
1549,171)
15,225)
{485,7471
(2.9791
Net eAih prnvided by operatlTrg *¢tivities
526,439
1262.704
Change ID cash •nd eash equlvAltnts durkng tb¢ YUT
526,439
1,262,704
Cash *nd cAsh equiv*J¢nts *t the beglnnlnz ofthe y￿r
1.857.321
594.617
Cash and cash equlvalents at the end of the year
£2,383,760
£1.857.321
The notes on pagei 13 to 17 form an Integral part of these fln•n¢l*l $t8tetnent&
12

Shaukat Khanum Memorial Trust
Notes to the financial statements
for the year ended 31 December 2021
Accounting ptsli¢ies
1.1 General information
Sbaukat Khanum Memorial Trnsi 1$ arl unincorporated trust governed by a trust deed and registered
with the Charity CoTntni5SLon in England. The prin¢ipa] address is PO Box 786. Bradford, BD5 OYE.
The objectives of the charity are set out on page 2.
Accounting tonvention
The financial statements have been prepared in aceordancewithAccountingand Reponingbycharities..
Statement of Recommended Praciice applicable to charities preparin8 their accounts in accor(tsn¢¢ with
the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102}- Icharities
SORP (FRS 102)). the Financial Reporting Standard applicable in the UK and Repllbli¢ of trelalld IFRS
102) and the Charities Act 2011.
The financial statemenis have been prepared to give a 'trne and fair, view and have departed from the
Charitie5 (Accounts and Report5} Regulations 2008 only to the exicnt required to provide a 'true and
fairview,. This departure has involved following Accounting and Reporting by Chariti¢s preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland (FRS 102} issued on 16 July 2014 rather than the Ac¢tsunting and Reporting by Charities..
Statement of Recommended Practice etT¢ctive from l April 2005 which has since been withdrawtt.
Assets and liabilities are initially recognised at historical c4)st or transactiotj value unless otherwise
Stated in the relevant accounting poli¢y.
Shaukai Khanum Memorial Trust meets the definitlOD of public benefit entity under FRS 102.
The fun¢tional ¢UTren¢y of the charity is considered to be pounds stttlillg because that is the ¢urren¢y
of the primary e¢onomic environment in which the Chariiy operates. The finantial stat¢ments are also
presented in poullds sterliDg. The amounts in the fU￿)e]31 statements are presented io the nearest £1.
unless otherwise sthted.
IJ Going toncern
Th¢ie are no material uncertainties casting doubt ort the charity's ability to conttnue as a going ¢on¢ern.
The accounts have been prepared ort the going concern basis.
With thousands of people 105ing jobs and bllsinesses suffering from the COVID-19 tmpacl it was
inevitsble for charity to be impacted. We saw reduced donations from our regular donot5 With some
cancelling their direct debits. In order to bridge the gap and keep on providing the critical cancer care,
IKCA Stepped up it efforts with additional online advertisillg which brought in Jew donors. The focus
on reAching outto new audi¢ntt notonlybridgcd thegap butbrought in some additional revenue. Going
forward. we plan to focus on this route which h3$ been proven suecessfui.
1.4. Income
Income is recogni5ed when the charity has entitlement to the income, it is probable that the income will
be received and the amowit of incorne receivable ¢an be m&qsur¢d reliably.
The eharity includes an estimaie in the aecounts for gifi aid recoverdble on donation5. This is based on
past history of gift aid elaimed on donations. The provision ai 31 December 2021 was £2,750,000
relating to £1.450,000 for 2021 and £1,300,000 foi 202012020.. £2,200.000 relaiing to £1 JOO.000 for
2020 and £900,000 for 2019). Actual results may differ from th¢se ¢5timates.
13

Shaukat Khanum Memorlal Trust
Notes to the finanefial statements
for the year ended 31 December 2021
Accountltti polleies (condAuedJ
l& EI￿dIt￿re
ExpendÈture is Tecognised once there is a le8al or ¢onstsu¢iive obligation ro make a paytncnt to a third
parry, li is probable that 5ettl¢m¢nt will be required and the amount of the obli8ation can be rne￿￿ed
r¢liably.
Expenditure is ¢]assified under the followin8 activity he&Jitt88:
Costs of rdi5in8 fuD&s compris¢ the Costs assoei4ted with fiumlraising and attracti￿ donations.
Expendityre of ¢haritabl¢ adivities includes WLS mad¢.
Grants payable are payments made ro third parties in the furtheran¢e of the charitable objective5 of the
charity. Unconditional grant offe15 are accrued onct the ￿1p1¢￿t has been notified of the 8rani award
The notifi¢aiion gives th¢ recipient a reasonable exlxctstion thar they wll receive the grant.
Support ¢OSts ar¢ th05¢ funciions that assist the work of th¢ ¢hariry but do not directly undertak¢
charitsble activities. Support Costs include otTic¢ costs, finance, IT support C0515 and governon¢e costs.
These co$ts have been allocated between Cost of raising fund5 and expeThdÈture on chariiable activitie$
based on stafftime. Govern8Thc¢ costs rwesents those costs of strategLC manaBtment of the Charity attd
of ￿mPlyIng with consiimtional and statutory requirements.
Ittecovernble VAT is char8ed against th¢ ¢xpenditui¢ heading for which it wa8 incuTr¢d.
1.6 Deblors
Other debts>rs are reco8nised at the settlement amount due.
1.7 Cash &t bank
Cish at bank and cash in hand includes ¢ash and shon tem highly liquid investments with a Short
maturity of threemonths or l¢ss from the d81e of acquisiiion or opening of the dep051t or 5irnilara¢¢ount.
IJ Credltorj *nd provlsloni
Crediiors and provisions we recognised where the charity hts a present obli8aiion resultin8 from a p
event that will probably result in the tran$f¢r of funds io a third parry and The atnouni 10 settle the
obligaiion w b¢ me8suTed or estimated reliably. Creditors and provisions arc nonnally re￿gnISed at
their Settlement amouni after allowing for any trade discounts due.
1.9 Dellned contribution plans
Contyibutions 10 defjned Lontribution plans ore recognised &8 an ¢xp¢nse in the ￿lod in which the
related service is prtsvided. Differenceb be¢ween contributions payable in the year and the contributi¢)ns
acDJally paid are shown cither in accruals or prepayment5 on the balance sheet.
1.10 Finant5*1 in5trurntiits
The charity only has financial 8#ets 2nd fi￿ancIal liabiliiies of a kind thai qualify as basic fin8ncJal
insirum¢nts. Basi¢ finan¢ial in$tnmi¢nts are initially r¢CO￿lS¢d at trdnsaction value and subsequcTrtly
rnwur¢d at their settlement value.
1.11 F￿nd Atto•ntiDg
Unrestricied ffiJn&s are available to spend on a¢tivities further any of the pwposes of the ¢huity.
14

Shaukat Khanum Memorial Trust
Note$ to the financial statements
for the year ended 31 December 2021
2021
2020
Income from Donation5
13,942.179 12.360,566
The charity benefiis greatly from the involvement and enthusiastie support of its many volunteers. In
accordance FRS 102 and the Charities SORP IFRS 1021, the economic contribution of general
volunteers is not reco￿]sed in the accounts.
Cost of raising fuDds
2021
2020
Fund Raising and publicity c0515
Support costs
Wage5 and salaries
1.415,811
128.500
67.033
1.201,063
78.374
79,699
1,611,344
1,359.136
Charitable activities
Gr&Dt fuDded activity
2021
2020
Grants payable
11.250,(X)0 9,250,(X)o
The grants are amounts paid to the Shaukat Khanum Memorial Cancer Hospital & Research Centre in
Pakistan. The objectives of the hospital arc in line with the charitable objectives of the charity.
15

Shaukat Khanum Memorial Trust
]Yotes to the finanei21 statements
for the year ended 31 December 2021
Support costs
21121
2020
Finance & card processing charges
IT suppoft costs
Office
Governance costs
86.844
19,579
13.197
8.880
19.415
34,562
18,397
6.000
128.500
78.374
Support Costs are allo¢ated between cost of raising funds and expenditure on Ch￿Itable activities based
oll staff time. Employee time is spent exclusively on raising fi￿d8 for the charity.
Covernan¢e ¢o$t$
2021
2020
Audit Fees
8,880
6,000
Staff costs
2021
2020
Wages and salaries
Social securiry costs
Pension
60.532
6,501
72,108
6.640
951
67,033
79.699
The aver&ge number of employees in the year by head¢ount was three (2020.. four) with all employee
time involved in raising funds for the chariry. The nurnber of fvll lime equivaletit employees was 2.4
12020.. 3.71. The number of employees that r¢e¢ived etnoluments of £60,000 or more in the year was
Nil {2020.. Nill.
No trnstee recerved any remun¢rarion or reimbursement of expenses in respect of the current or prior
year. No tnjstee receiv￿ payment for professional orotherservi¢¢s supplied to the charity {2020.. £nill.
No salaries were paid to members of key management durirtg the cU￿ent or prior period.
Txxation
The charity is exempi from t&x on income and gains to the extent thar these are applied to its ¢haritable
objectives.
16

Shaukat Khanum Memorial Trust
Notes to the financiydl statements
for the year ended 31 December 2021
Financial In8trnmeDts
2021
2020
Financial asset5 that arc measured at amortised cost..
Cash at bat)k and in hand
2,383,760 1,857,231
io.
Unr¢$tri¢t¢d fullds
The Purpose of the unrestricted funds is the promotion of restrdrch into the causes and a cure for cancer
and Similar diseases. Further to this, funds are intended for the est8blishmeni, the endowment of or
makinggrants to Shaukat KhaT)um MemoTial Canrcr Hospital ill Pakistan forcancersuffeTers. The Twst
is (kvoted to the furtherance of cancer education and engaging Én any activities whatsoever which will
lessen the sufferings of carlcer patients in Pakistan.
Related Party Transa¢tions
lrnran Khan, a trustee ofthe Charity, is founder and Chairman of the Boardof Governors. of the Shaukat
Khanum Memorial Cancer Hospital & Research Centre in Pakistan. During the year. the Charity made
a 8rattt to the Shaukat Khanum me￿orial Cancer Hospital & Research Centre of £l1,250,00012020.'
£9.250.(K>O).
12.
Analysis of change5 in Ret debt
AtlJan
2021
Cash
FIows
At31 Dec
2021
Net t4$h
Cash at bank aTLd in hand
1.857,321
526,439
2.383.760
AtlJ*n
202
Cash
Flows
At 31 Dee
2020
Net e¥sh
Cash at bknk and in hand
594,617
1.262.704
1.857,321