**Charity number: 1122276**
## **Ghurki Trust Teaching Hospital**
**Trustees' report and financial statements**
**for the year ended 3 March 2023**
## **Ghurki Trust Teaching Hospital**
## **Contents**
||**Page**|
|---|---|
|Legal and administrative information|**1**|
|Trustees report|**2 - 3**|
|Independent examiners' report|**4**|
|Statement of financial activities|**5**|
|Balance sheet|**6**|
|Notes to the financial statements|**7 - 9**|
## **Ghurki Trust Teaching Hospital**
## **Legal and administrative information**
**Charity number** 1122276 **Business address** 303 Withington Road Chorlton Cum,Hardy Manchester M21 0YA **Trustees** Mohammad Tufail Sajid Hussain Faruqi Muhammad Ajmal Khan Abdul Ghaffar
## **Ghurki Trust Teaching Hospital**
## **Report of the trustees for the year ended 3 March 2023**
The trustees present their report and the financial statements for the year ended 3 March 2023. The trustees who served during the year and up to the date of this report are set out on page 1.
## **Structure, governance and management**
## _Governing document_
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
## **Objectives and activities**
## _Objectives and aims_
To raise funds for The Ghurki Teaching Hospital Trust in Lahore, Pakistan to provide:
1) The relief of sickness and the preservation of health among people residing permanently or temporarily in Pakistan.
2) To assist in the treatment and care of persons suffering from mental or physical illness of any description or in need of rehabilitation as a result of such illness.
3) To relieve sickness and to preserve the health of patients of the Ghurki Trust Teaching Hospital, Pakistan by providing or assisting in the provision of equipment, facilities and services.
## **Achievements and performance**
## _CYBER KNIFE (Radio Robotic Surgery Unit)_
The first and only fully robotic radiation delivery system. It treats cancerous and non-cancerous tumors and other targets ,precisely and accurately delivering radiation anywhere in the body. Total cost for cyber knife is usd$4.00 million. Cyberknife was inaugurated in March-2022 and more than 100 patients treated free of cost with the Cyberknife till March-2023.It is the first project in Punjab and second in Pakistan.
## _CONSTRUCTION OF GHURKI MEDICAL & DENTAL COLLEGE (GMDC)_
As the expenses of hospital are increasing day by day and to fulfill the free treatment cost and other expenses, earnings from the initiatives of the Trust including Medical College ,Nursing College, Training Centres, Pharmacy College, Physical Therapy College .For the same construction of Ghurki Medical & Dental College was started in oct-2022 and estimated time of completion is 2 Years. Total budgeted cost for the GMDC is Rs.2.5 Billions.
## _DEPLOYMENT OF HOSPITAL MANAGEMENT & INFORMATION SYSTEM (HIMS)_
Management software plays key role in completion of tasks timely and effevtive manner ,so in this connection ,new hospital management 7 information system will be provided to all departments for their smooth operation. The complete implementation of the system is expected in the mind of 2023.
## _CONSTUCTION OF DOCTORS HOSTEL_
Ghurki Trust Teaching Hospital (GTTH) is providing training to Postgraduate medical students in every department. Many of these trainees belong to outstation and face problems for their accommodation. So to facilitate these doctors. Hospital constructed a dedicated hostel for their stay with all basic facilities .Same facilities is also available for Nursing Staff of Ghurki Trust Teaching Hospital.
## _EXTENSION OF RECORD ROOM_
With passage of time as the Number of patients are increasing day by day and to maintain the record of patients related data required more space comparatively. So to fulfill the requirement of record room a building of 1200 sqft. Constructed for the same.
Ghurkl Trust Teaching Hospltsl
Report of the trustecs
for the yr endcd 3 March 2023
PFIARMAcYixrfrsi0NAND AMfi-SkPIICARF
To provsdc the 1¢-of-the-1rt l&cili[i io Ihc piti¢nLS Without any delay nnd in ah aDtiseMiC envirtsnmcni. Extcnsion of
ph•mia¢y started in Scp2022. Lsiimaicd lime ofcoinpletlOD IB Dcc-2023.
RLVAMPING OFIKIINSIVJ.,. CARC UNn'{Icu)
To reducc the bacN&1 infeeiion and lo meci thc in*rnaiional 5tgndLTds for th¢ patien¢B who arc required cxira ¢arc the
r¢vampin8 oficu was styrted in O¢t-2022 ond ¢ompl¢icd in JanU-2O23. 1.0th1 ¢05t for lh¢ sarnc is RS. 12 Million8.
Fln4neial rcYl¢w
R¢sewes polley
11 15 the policy of thc charity mAinlllin unrcsLrictcd ful$ at N Icvel suffieieni Ver Unforc¢Th
¢xrLndiIu and shonfall in incotn¢.'I'hc irusiees Tcmain mnfidcni in ihcir ability ¢0 rai%e Ihc ncccssory
funds. thcrcby 8dherinB maini¢nance of a b4lirteed budgei
Statemont oftrustcu, responsibllltles
The irusi¢¢$ Sre reS[n$1b1e for preprLrin8 the Trustees, Annual Report arwj the financial siai¢ments in ac¢ordancc with
ttpplicabl¢ law and Uni¢¢d Kingdom A¢couniin¥ Sthnd8rds (Uniied Kinsdom G¢ncTally Acccpi¢d A¢countiD8 Praciic¢l.
LAW applicable to ¢h4ri1ie5 in 11Th8land and Walc5 rcquires thc tNs¢¢¢s 10 prepnr¢ financial slALcL% for ch financial
y¢ar which 8iv¢ a iruc and fair vicw ofcharity atbj of thc incomin8 rc50urc¢s llnd applicaiion of re50urc¢s of Ihc chariiy
ror thai ycAr. In preparing th¢B¢ fJnAncial lllllem¢nis th¢ Irustecs are rcqulrcd lo..
Icct 8uiiible accoyn¢ltt8 policie5 and ihcn apply thcm Consisni]y.
observe th¢ m¢th¢Jd8 and principl¢s in thc Chariiics SORIJ;
fflske judgcm¢nis and e8um8ie5 thai ar¢ rcuonablc Und prudcD(:
wh¢th¢r Rpplicable UK Accoumini St&ndards knve bc¢n followcd, $ubie¢i 10 any malerial d¢p&nurts disclo$
ind cxplaincd in Ihc financial Siamen(S,. and
prepare th¢ finanei8J stsiemcnts on ih¢ 8oln8 concern IASiS unlcss il 1% imppropriaie to presume thAI th¢ chariiy will
conlinue in opcralion.
The restx>n5ible for PIng proper accounun8 rccords which di$clow wilh rco8onable a¢curney li any lit
the financial p)siuon of the chRriiy and enablc Ih¢m Lo ensure that the finan¢ial st1Men18 comply with thc Churiiies
Aci 1993 and the Charity (AccounLS and Reports) Re8ulaiions 2008. Thcy arc a150 rcspon5ible for arcording the
Assets of the chariiy and h¢rtce for IAkinB 50Th&ble sicps for Ihc pr¢vcntion and delec(ion of fraud and othcr
On bchaifoflhe knard
Secretsry
## **Ghurki Trust Teaching Hospital**
## **Independent examiner's report to the trustees on the unaudited financial statements of Ghurki Trust Teaching Hospital.**
I report on the accounts of Ghurki Trust Teaching Hospital for the year ended 3 March 2023 set out on pages 2 to 9.
## **Respective responsibilities of trustees and independent examiner**
As the charity's trustees you are responsible for the preparation of the accounts, you consider that the audit requirement of section 43(2) of the Charities Act 1993 (the Act), as amended by section 28 of the Charities Act 2006 does not apply and that an independent examination is needed. It is my responsibility to examine the accounts under section 43(3)(a) of the Act, as amended; to follow the procedures laid down in the General Directions given by the Charity Commission under section 43(7)(b) of the Act, as amended; and to state whether particular matters have come to my attention.
## **Basis of independent examiner's statement**
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination 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 you as 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 fair view' and the report is limited to those matters set out in the statement below.
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention:
- (i) which gives me reasonable cause to believe that in any material respect the requirements:
- to keep proper accounting records in accordance with section 41 of the Act; and
- to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act
have not been met; or
- (ii) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
## **Independent examiner**
## **Ghurki Trust Teaching Hospital**
## **Statement of financial activities**
## **For the year ended 3 March 2023**
|**Unrestricted**
**funds**
**Notes**
**£**
**Incoming resources**
Incoming resources from generating funds:
Voluntary income
2
107,857
**Total incoming resources**
107,857
**Resources expended**
Costs of generating funds:
Cost of generating voluntary income
3
4,920
Fundraising trading:
cost of goods sold and other costs
4
739
Governance costs
1
**Total resources expended**
5,660
Total funds brought forward
184,411
**Total funds carried forward**
286,608|**2023**
**Total**
**£**
107,857
107,857
4,920
739
1
5,660
184,411
286,608|**2022**
**Total**
**£**
28,090|
|---|---|---|
|||28,090|
|||-
84
-|
|||84|
|||82,214|
|||110,220|
**The notes on pages 7 to 9 form an integral part of these financial statements.**
Ghurkl Trust Teaching Ilospital
Bglancc sheet
&$ at 3 March 2023
2023
2022
Notej
Current Assots
Cash ai bank and in har
184.411
82,214
184.411
82.214
Net current assets
184.411
82.214
Net assets
184.411
82.214
Funds
Unreslrictcd incomc funds
184.411
82.214
Total funds
184.411
82,214
'Th¢ financia
sia*m¢nts w¢r¢ Rpproved by the trnueei on and signcd on 11$ b¢hRifby
Mohammad TufMII
Trustee
The nolcs on pogrs 7 10 9 form ao Integr81 p8rt of ihesc finandal 5¢xlemenl&
## **Ghurki Trust Teaching Hospital**
## **Notes to financial statements for the year ended 3 March 2023**
## **1. Accounting policies**
The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and the preceding year.
## **1.1. Basis of accounting**
The financial statements are prepared under the historical cost convention and in accordance with the Statement of Recommended Practice 'Accounting and Reporting by Charities' issued in March 2005 (SORP 2005) and the Charities Act 1993.
## **1.2. Incoming resources**
All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:
Voluntary income is received by way of grants, donations and gifts and is included in full in the statement of financial activities when receivable. Grants where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant.
Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included.
Gifts donated for resale are included as incoming resources within activities for generating funds when they are sold.
## **1.3. Resources expended**
Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates.
Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of trading for fundraising purposes including the charity's shop.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Fundraising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities.
Support costs are those costs incurred directly in support of expenditure on the objects of the charity and include project management.
## **1.4. Tangible fixed assets and depreciation**
Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
- Fixtures, fittings and equipment
## **Ghurki Trust Teaching Hospital**
## **Notes to financial statements for the year ended 3 March 2023**
|**2.**
**Voluntary income**
**Unrestricted**
**funds**
**£**
Donations
107,857
107,857
**3.**
**Cost of generating voluntary income**
**Unrestricted**
**funds**
**£**
Activity 1
4,920
4,920
**4.**
**Fundraising trading**
**Unrestricted**
**funds**
**£**
Support costs
739
739
**5.**
**Analysis of support costs**
**Fundraising**
**trading**
**£**
Communication and information technology
739
739|**2023**
**Total**
**£**
107,857
107,857
**2023**
**Total**
**£**
4,920
4,920
**2023**
**Total**
**£**
739
739
**2023**
**Total**
**£**
739
739||**2022**
**Total**
**£**
28,090
28,090
**2022**
**Total**
**£**
-
-
**2022**
**Total**
**£**
84
84
**2022**
**Total**
**£**
84|
|---|---|---|---|
|||||
|||||
|||||
|||||
|||||
|||||
||||84|
## **Ghurki Trust Teaching Hospital**
## **Notes to financial statements for the year ended 3 March 2023**
## **6. Employees**
## **Employment costs**
No salaries or wages have been paid to employees, including the trustees, during the year.
## **Number of employees**
The average monthly numbers of employees (including the trustees) during the year, calculated on the basis of full time equivalents, was as follows:
|**2023**
**Number**
Admin
4
**Fixtures,**
**7.**
**Tangible fixed assets**
**fittings and**
**equipment**
**£**
**Cost**
At 4 March 2022 and
At 3 March 2023
154
**Depreciation**
At 4 March 2022 and
**Net book values**
At 3 March 2023
-
**8.**
**Analysis of net assets between funds**
Fund balances at 3 March 2023 as represented by:
**9.**
**Unrestricted funds**
**At**
**4 March**
**Incoming**
**Outgoing**
**2022**
**resources**
**resources**
**£**
**£**
**£**
Description for Unrestricted Fund 1
82,214
107,857
)
(5,660||**2022**
**Number**
4
**Total**
**£**
154
-
**Total**
**funds**
**£**|
|---|---|---|
||||
||||
|||-|
## **Ghurki Trust Teaching Hospital**
**The following pages do not form part of the statutory accounts.**
## **Ghurki Trust Teaching Hospital**
## **Detailed statement of financial activities**
## **For the year ended 3 March 2023**
|||**2023**|**2023**||**2022**|**2022**|
|---|---|---|---|---|---|---|
||**£**||**£**|**£**||**£**|
|**Incoming resources**|||||||
|**Incoming resources from generating funds:**|||||||
|_Voluntary income_|||||||
|Donations|||107,857|||28,090|
||||107,857|||28,090|
|**Total incoming resources from generating funds**|||107,857|||28,090|
|**Total incoming resources**|||107,857|||28,090|
|**Resources expended**|||||||
|**Costs of generating funds:**|||||||
|_Activity 1_|||||||
|Activity 1 - Purchases|4,920|||-|||
||||4,920|||-|
|**Total cost of generating voluntary income**|||4,920|||-|
|**Fundraising trading:**|||||||
|**cost of goods sold and other costs**|||||||
|_Support costs_|||||||
|Support - Office expenses - Telephone|739|||84|||
||||739|||84|
|**Total fundraising trading**|||||||
|**cost of goods sold and other costs**|||739|||84|
|**Total costs of generating funds**|||5,659|||84|
## **Ghurki Trust Teaching Hospital**
## **Detailed statement of financial activities**
|**For the year ended 3 March 2023**|||
|---|---|---|
||**2023**|**2022**|
||**£**|**£**|
|**Charitable activities**|||
|**Net incoming/(outgoing) resources for the year**|102,198|28,006|