Re8lstered Charlty Number: 1060417
THE SOCIETY FOR THE UNWELL AND NEEDY
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
ASAD RAHIM & CO.
CHARTERED CERTIFIED ACCOUNTANTS
8 PARK WAY
EDGWARE
MIDDLESEX HA8 5EZ

THE SOCIETY FOR THE UNWELL AND NEEDY
FOR THE YEAR ENDED 31 OECEMBER 2024
CONTENTS
PaBe
Legal and Administrative Information
Trustee5 Report
24
Independent Examlners, Report
Statement of Financial Artivities
Balance Sheet
Notes to the Financlal Statements
&ii

THE SOCIETY FOR THE UNWELL AND NEEDY
LEGAL AND ADMINISTRATIVE INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024
Charlty Reglstratlon Number
1060417
Address
3 Shortlands
Hammersmith
London
W6 8DA
Trustees
Mr Saved Ahmed Tariq Mir
Mrs Iram Malik Myford
Mr Mlchael Myford
Mr Muhammad Naeem
Mrs Lubna Khan
Mr Mohammad Khan
(resigned on 03110/20241
(resigned on 03/10120241
(resigned on 15/10120241
Independent Examlner
Asadur Rahim FCCA
Asad Rahim & Co.
Chartered Certified Accoutants
8 Park Way
Edgware
HA8 5EZ
Bankers
HSBC Bank PIC
I St Peters Street
Derby
Derbyshire
DEI 2AE
Pa8e I

THE SOCIETY FOR THE UNWELL AND NEEDY
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
The trustees present their annual report and financial statements for the year ended 31 December 2024 and confirm
that they comply with the Charities Act 2011, the trust deed and the Charities SORP IFRS 1021.
Governlng Document
The Society for the Unwell and Needy is constituted as a charity and 8overned by a Trust Deed adopted on 24
September 1996, amended by supplimental deed on 13 January 1997.
Alms and Objectlves
The aims and objectives of the charity are:
* To promote education through schools, colleges, Universities and vocational training programmes,.
* To relief poverty and provision of aid to needy.
* To provide general support including food to needv;
To provide medical aid and medical supplies to the needy,,
To provide financial assistance to destitute, needy and improverished widos and orphans.
Structure of the Organlsatlon
The charity's trustees are responsible for management of the charity. The trustees give their time freely and receive
no remuneration or any other financial benefits. The trustees meet together as a body on a regular basis and are
responsible for making decision in relation to running the organlsation effectively. The trustees have set up a
managing committee for the smooth running of the charity and to maintain its day to day finances.
The existlng trustees are responslble for appolntment of new trustees. The trust deed provldes for a minimum of
three trustees. Future trustees shall be appointed by a resolution of the trustees passed at a special meeting. In
selecting a trustee, the trustees shall take into account the benefits of appointing a person who through residence,
occupation,m employment or otherwise has special knowledge of any areaof benefit or who is able to by virtue of
his or her personal or professional qualification5 to make contribution to the pursuit of the objects or mana8ement
of the charity.
Rlsk Managernent
The trustees have assessed the risks the charity faces and review these risks re8ularly at thelr meeting and confirm
that systems are in place in order to mana8e these risks and necessary steps can be taken to manage the risks that
have been identified.
Achlevernents and Performance
Public school, Llbrary and Unlversity
The public library was established in 2007. It is designed to assist the students particularly with reference books and
pxt@nsive computer facilities. It is very popular among students and continue to expand with the support of the local
community,
Page 2

THE SOCIETY FOR THE UNWELL AND NEEDY
REPORT OF THE TRUSTEES {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
SUN Academy {schooll started to function in April 2010 with admission of 125 underprevileged children in KGI class.
The aim of the school is to provide top class education at almost no cost basis. The school has been a great success.
At the end of 2022 it has 1,100 students up to year Ten, who was promoted for matriculation in spring 2023. In a
short period of nine years the Academy ranks among the top schools in the city. The school charged nominal fees for
the first five years from all students but to cover the costs of increased numbers, it started to charge fees from
paying students. At present 60% students still pay nominal fees and other 40% pays a compitable fee. The school
receives overwhelming number of appllcations for admissions every year. The education standards are not
compramised in any way. The trustees are satisfied with the progress of the school and one of the trustee spends
considerable amount of time in the administration of the school on location.
SUN IUKI planned a university during 2007 and 2010 with the guidance of Deans of UK Universities. The technical
univrsity became functional with the intake of under-graduate students in 2013. The university is being run under
the direction of Ministry of Education, Sindh Government and NHU University.
First batch of matriculation students successfully passed the exam with I￿% success rate and 40% achieved A+
grades.
SUN IU Kl intends to expand the charity's activities within the UK and to be able to do that they are actively looking
for more trustees to carry out the work here.
Publlc Beneflt
The trustees conflrm that they have reffered to the guidance contained in the Charity Commission's general
guidance on public benefit when reviewing the charity's objectives and activities and in planning future activities. It is
the judgement of the Trustees that activities in pursuit of the objectives fully meet the public benefit test, which
they have kept in mind in planning programmes for the charitv.
Flnanclal Review
The financial statements are set out on pages 6 to 11 have been prepared in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland Charities SORP IFR51021.
Surplus / (Deficit) on Ordinary Activities
Retained Reserve Brought Forward
Retained Reserve Carried Fonvard
9,185
74,194
83,379
Page 3

THE SOCIETY FOR THE UNWELL AND NEEDY
REPORT OF THE TRUSTEES (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Trustees Responsibllities to the Financial Statements
The chariws trustees are responsible for preparation of financial statements in accordance with applicable law to
charities in England and Wales which gives true and fair view of the state of affairs of the charity during the financial
year. In preparing the financial statements, the trustees are required to:
* Select suitable accounting policy and the apply them consistently,.
* follow the methods and principles in the Charities SORP;
make judgments and estimates that are reasonable and prudent.
* state whether applicable accounting standards have been followed, subject to any material departures
disclosed and explained in the financial statements;
prepare financlal statements on the going concern basis unless it is inappropriate to presume that the
charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any
time the financial position of the charity and to enable them to ensure that the financial statements comply with the
Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence taking reasonable
steps for the prevention and detectlon of fraud and other irre8ularities.
Approved by the trustees and signed on their behalf by:
Syed Ahmed Tarlq Mir FCA
Chalr of Trustees
Date:
28 July 2025
Page 4

THE SOCIETY FOR THE UNWELL AND NEEDY
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES AND MEMBERS
I report on the financial statements of The Society for the Unwell and Needy for the year ended
31 December 2024, which set out on pages 6 to 12.
Respectlve Responslbllltles of Trustees and Examlner
The charity's trustees are responsible for the preparation of the accounts. The charit¢s trustees consider that an
audit is not required for this year under section 144 of the Charities Act 2011 (the charities Act) and that an
independent examination is needed.
It is my responsibility to:
examlne the accounts under section 145 of the Charities Act,
to follow the procedures laid down in the general Directions given by the Charity Commission (under
section 145151{bl of the Charities Act, and
to state whether particular matters have come to my attention.
Basls on Independent Examlnerfs Statement
My examination was carried out in accordance with general directions given by the Charity Commission. An
examinatlon includes a review of the accounting records kept by the charity and a comparison of the accounts
presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and
seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all
the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts
present a 'true and fairf view and the report is limited to those matters set out in the statement below.
Independent Examlnerfs Statement
In connection with my examination, no matter has come to my attention:
l. Which gives me reasonable cause to belleve that In, any material respect, the requirements:
to keep accounting records in accordance with section 130 of the Charities Act, and
to prepare accounts which accord with the accounting records and comply with the accounting
requirements of the Charities Act
have not been met; or
2. to which, in my opinion, attention should be drawn in order to enable a proper
understanding of the accounts to be reached.
Asadur Rahlm FCCA
Asad Rahim & Co.
Chartered Certified Accountants
8 Park Way
Edgware HA8 5EZ
28 July 2025
Page 5

THE SOCIETY FOR THE UNWELL AND NEEDY
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2024
Unrestricted
Funds
Total Funds
2024
Total Funds
2023
Notes
Incomlng Resources
Donations
Income from Investment Propertv
548
33,250
548
33,250
973
26,960
Total Incomlng Resources
33,798
33,798
27,933
Resources Expended
Charitable Activities
Governance Costs
Other Resources Expended
10,650
12,205
1,758
10,650
12,205
1,758
3,200
17.900
10,949
24,613
24,613
32,049
Net Movements In Fund
Total Funds Brought Forward
9,185
74,194
9,185
74,194
14,1161
78,310
Total Funds Carrled Forward
83,379
83.379
74,194
There were no recognised galns and lossess for the year other than stated in the statement of financial activities
above. All incoming resources and resources expended derived from continuin8 activities.
Page 6

THE SOCIETY FOR THE UNWELL AND NEEDY
BALANCE SHEET
FOR THE YEAR ENDED 31 DECEMBER 2024
Notes
2024
2023
Flxed Assets
Tangible Assets
Investment Property
720
246,228
1,320
246,228
246,948
247,548
Current Assets
Debtors
Cash at Bank
61,606
48.418
61,606
48,418
Credltors: amounts falllng due
wlthln one year
137,430>
134,0271
Net Current Assets
24,176
14,391
Total Assets Less Current Llabllltles
271,124
261,939
Credltors: amounts falllng due
after more than one year
io
1187,7451
83,379
{187,7451
74,194
Net Assets
The Charlrfs Fund
Unrestricted General Funds
li
83,379
74,194
Total Funds
83,379
74,194
Approved by the trustees and signed on their behalf by:
Syed Ahmed Tariq Mlr
Chair of Trustees
28July 2025
Page 7

THE SOCIETY FOR THE UNWELL AND NEEDY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting Pollcles
1.1 Basis of Accounting
The financial statements have been prepared in accordance with the Statement of Recommended Practice..
Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reports Standard
applicable In the UK and Ireland Charities SORP {FRS 1021 Issued in July 2014 and the Financial Reporting Standard
applicable in the United Kin8dom and Republic of Ireland {FRS 1021 and the Charities Act 2011.
1.2 Incomlng Resources
All income is recognised in the statement of financial activities once the charity has access to the funds, it is probable
that the Income received and the amount can be measured reliably.
1.3 Resources Expended
Liabilities are reco8nised as soon as there is a legal or constructive obligation committing the charity to that
expenditure. All expenditures are taken into consideration on an accruals basis and have been classified under
appropriate headln8 In the statement of flnancial activitles.
1.4 Tangible Flxed Assets and Depreclatlon
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided to write off cost of the asset over
its expected useful life. The following rates apply'.-
Fixtures and Equipment
20% straight line
1.5 Flxed Asset Investments
The fixed asset investment consist of investment property to earn rental income and capital appreciation.
Fixed asset investments are Initially recorded at cost and subsequently stated at cost less any accumulated
impairment lossess.
1.6 Flnanclal Instruments
The charity only has financial assets and financial liabilities of a kind that qLJalify as basic financial instruments. Basic
financial instruments are initially recognised at transaction value and subsequently measuredat their settlement
value.
1.7 Tydxation
The charity is exempt from tax on its charitable activities.
Page 8

THE SOCIETY FOR THE UNWELL AND NEEDY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Unrestrlrted
Funds
Total Funds
2024
Total Funds
2023
2. Ineome from Investment Property
Rental Income
33,250
33,250
26,960
33,250
33,250
26,960
Unrestrlcted
Funds
Total Funds
2024
Total Funds
2023
3. Charitable Activities
Donations
10,650
10,650
3,2iX)
10,650
10,650
3,200
Unrestricted
Funds
Total Funds
2024
Total Funds
2023
4. GovernYdn¢e Costs
Rent Payable
Repair5 and Maintenance
Agent's Commission
Independent Examinatlon
Print, Postage and Stationery
Loan Interest
Bank Charges
1,281
2,629
2,004
1,200
232
4,694
165
1,281
2,629
2,004
1,200
232
4,694
165
1,281
8,010
2,513
I,2[￿)
42
4,694
160
12,205
12,205
17,900
Unrestrlcted
Funds
Total Funds
2024
Total Funds
2023
5. Other Resources Expended
Le8al and Professional
IT and Website Expenses
Insurance
General Expenses
Depreciation on Fixtures & Equipment
9,300
1,077
81
600
1,077
81
600
1,049
600
1,758
1,758
10,949
Pa8e 9

THE SOCIETY FOR THE UNWELL AND NEEDY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
. 6. Tangible Fixed Assets
Total
Cost
At l January 2024
3,000
3,0
Depreclatlon
At l January 2024
Charge for Year
1,680
600
1,680
600
At 31 December 2024
2,280
2,280
Net Book Values
At 31 December 2024
720
720
At 31 December 2023
1,320
1,320
7. Fixed Asset Inveslments - Investment Properties
Total
Cost
At l January 2024 and
31 December 2024
246,228
246.228
8. Debtors
2024
2023
Prepayments
9. Creditors: Amounts falling due
within one year
2024
2023
Trade Creditors
Accruals
3,375
34,055
3,375
30,652
37,430
34,027
Page 10

THE SOCIEfY FOR THE UNWELL AND NEEDY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 310ECEMBER 2024
10. Creditors: Amounts falling due
after more than one year
2024
2023
Loan
187,745
187,745
The loan was received from MQM during 2009 to facilitate to acquire the property. It is a concessionary (social
investmentl103n repayable in 2029 and the Interest charges at 2.5% fixed.
11. Unrestricted Funds
2024
2023
Balance Brought Forward
Add.. Incoming Resources
74,194
33,798
78,310
27,933
107,992
(24,6131
106,243
132,0491
Less.. Out80ing Resources
Total Unrestricted Funds
83,379
74,194
Page 11