Cb#rity Reglstratlon Number. 119S910
Charitles Commis8lon En£tsDd & W•leJ
PCHF UK
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

Ch•rlty Regirtrntlon Number: 1195910
ChArttkJ Commts8tOD Enzl#Dd & W*ies
PCHF UK
Fi
1112n023
Reference and Administ￿1Ve Detsih
Report of the Trustees
2 kn 3
Sl&tem¢nl of Financial Activities
Balance Sheet
Notes to the Financial Sts¢em¢nts
6t07
Detsiled Statement of Fin￿¢181 A¢tlvldeJ

Charity Registr¥tlon Number: 1195910
Cbarltle5 CommiMiM EnglAnd & W*ks
PCHF UK
Reference and Administrative Details
rom OllOIt2023 until 31112r2023
TRUSTESS
Mr Amjad Peryez
Dr Shakeel Abmad Qurtsbl
Mr FarhaD AhDiad
Mr Amlr Sethl
CHARITY NUMBER
1195910
REGISTERED OFFICE
l My¢h¢ll Howse
PIDeotl Road, Wlmbledon
LoDdon
SWA9 INN
BANKERS
Lloyds ￿nk
3 St George8 Road
Wlmbledo
ndo
SW194DR
Page I

Ch*rity R￿l$tratIoN Nwmber: 1195910
Cb*rities Commtssloth ED£land & Wales
HF
rtof
The tru$t#s present their rwl with the fthth¢ial sl•t¢m¢nty of the charity witil 31 December 2023. The trustees h8v¢ adopted the
provisions of Accountin8 and ReFrtNting by Chariiim: Statement of Recommended Practice applicable to ¢harities preparing their
accounts in accord￿ with the Finkn¢ial Rwiing Ststtd￿d ow*liubk ID the UK and R¢public of Ire]and (FRS 102) (eff¢cuve I
Jonuary 2019).
0￿E￿1v&s AND ACnVIT
ObJe¢tlvu *md al￿$
The mission of PCHF is to rnake a significanl impact on the lives of irtdividu•]s iti Pakistan by addressing the pr¢s$lng health
¢hallen8¢s posed by con8enital heart dise45e (CHD). Rwizin8 the urgent need for &lvanced medical resi￿￿¢¢4 our chwity 18
dedicated ¢0 enhancin8 the quality of heth¢are Available (o those 8ffe¢ted by this condition. By focusing on improvin8 access to
state-of-theryart rnedica] equipm¢nL SllPPOrting vilal •nd exp￿￿1 clini￿1 fxilitie4 we are ¢ommitted to reducing the
incidence and impact of CHD in P4kistati.
PCHF is Committed to equippln8 health¢•rt fa¢llid¢s with the latest medical t¢tholoBies specificalty desw w diwoJ¢ and trea¢
¢on8¢nithl heart diseue. By ensurin8 hospith]s and ¢liniu ￿¥¢ ¥¢¢u to ¢Uttiti8•ed8¢ equiprnenL PCHF alms to $i8nifi¢antly
improve the early dthetlon trntm￿ of CHD. thueby rnkn¢in8 Ind *e*Aty amon8 the *ffKled Fk)pulation.
PCHF actively supportj and funds ftsearch initiatives to the ¢aus¢4 ¢ffe¢t4 and potentiil treAtments for
¢on8eDityI h¢artdiseaJe. By fosterin8 a coll•borntive envirozthi¢nt fiff m￿1￿] PCHF aims to contriixrtetothe d¢v¢lopment
ofnew and more effective iniervenli¢Jns. tsltimaie]y improving patient outcomes.
To 8ccomrnodate the growing ne¢ds of CHD PAtlett￿ we f￿￿% ￿ the expmsion and devejopment of hojpitsl infrutructpjre. This
includes nrf only th¢ physical exFv￿lon of facilities but alx+ the enhancemeni of specialiT£d units dediC￿ed io th¢ core of CHD
paiients. Our 8011 is w ensure that evtty irtdivith￿ Iff￿*1 by this wndiikffl IJ•J K¢es3 to com5Xeb￿uSV¢ highs￿lity care
within their ¢ommunity.
We are dedicated to offering dire¢l ¢llni¢al ond medi￿1 treathierti to those sufferln8 from Congenithl Heart Disease. Th1$ Includej
everything from routine ¢he¢k-ups monitwin8 ¢0 complex surglal FYo¢edurn. By m•king these treatments xcessible and
affordabl4 we Strive to improve the qU￿lty ofiife for Wients and the o¥￿1 of CHD in hkitt￿.
ACHIEVEMENT AND PERFORMANCE
Cb*rlt*ble *¢tlvltles
PCHF is on the ver8e of launching its operailon& havlDg recentty reached the point where it Is ready to take off. While we are still
in the earty Mages of development, the foundation has been laid forfuture8Towth. The trustees arextiv¢ty plonDingevents. seminors.
and other aciiviiies to fulfil our clwitable objectives and make a meanin8ful imi*L As we be8in 4)urioumey, these inltlalives will
play a ¢ru¢i41 role iti engaBin8 the commuDity IT￿ drivuw ow MI￿]0￿ forwar
FINANCIAL REVIEW
PrIn¢l￿1 sourc
The principal gOUT¢e of funding is through publi¢ d(Tht1￿.
Ruerves polky
The eh8rity has establithed initial [￿r¥¢$ in linewith the guidelirtes ofthe Clwity Commissiorn How¢ver. &sthe charity'$OP¢rntions
reach full swingand il be￿MeS more Well-k￿ these ttserves will be T¢asse￿￿ ￿ ensu￿ they remain &lequat¢ underthe Charity
Commissi¢)n's Buidelines. The objective is to maintsin sufficient to fillfil our ch￿l￿ble obligations and ensure the
suwinability of our mission forthe foreseeabk fimue

Ch*rlty R¢glstratlon N¥mber: 119S910
Charldes Cowmlth EDOAnd & Wglej
PCHF U
Rlsk M•n•8ement
The trustees have develO￿d a ¢omw¢hensive risk man•g¢ment strategy, ready to athjress the major strategic. busine$4 and
operational risks thatmay arise ￿the ¢hority bec0n￿ fi￿lY op¢rnti￿￿ This PTOXtive wroxh ejuures we are prepared to navigate
thallenges effectivety 18 we move f(xivard.
STRucrU￿ GOVERNANCE AND MANAGEMEKr
Governlnl document
PCHF UK have • wistitution on 09 January 2021.
Trngtee8' r¢Spo•￿bIlltltt ID relAtloi ¢0 ¢be Iln•nd•l Jtste*ents
Law appli¢8ble to the chvities In En8land ord Wales requirt the trust¢¢J to prepnre finan¢i&l ststements for each fuwicial yew,
which giv¢ true and fair view of the charitys fmancial durin8 th¢ of its positions ￿ the end of the
period. In preparin8 these fuwicial sthtementy the tru5te¢s Yequired to:
-Sele¢t Suitsble ac¢ountlns poli¢ies and then 4Jp)y them ¢or4i5trntty;
.Mak¢ judgements And ejtimales that are rea￿￿1¢ aThl pnmI￿L
.Slale wh¢ther •pplkable a¢¢ountin8 Standards and stswnents of r¢¢ommended hove been follow•1 wbie¢t 10 any
departin8disclosed and expl•ined in the fintiftc￿
.Prepore the finAn¢lal ststements OD th¢ 8QiD8 ¢¥ncern twls to p￿￿ne that the chllrity will witinue In
business.
The are respwible for keeplng FYVPW ￿rdS wbkb dixJo& with re*%xthJe x¢uYw the f￿￿￿111
positions of the Charity and which enable them to ensure the financial st*tem¢nts comply with applicable IAW, r¢gul)tlon8 ar
trusl deed. They are also Ytsponsible for safeguardin8 the oJs¢ts of th• Cjwity aDd he4tt for tskingreasonable sty for the
prevention and deleciion of fraud and other irre8uloriti
Approved by order orth
10 Sep2W24 WAd sigts>] belwlf by:
Trus

HF
Ir2
3witi1311
In¢omlng Resourtts
Donations
1692
io
Total ID¢Omin8 Resources
Resources Expended
Sundry
(16)
16
Tot*1 Resources Expended
Net ]noMnin￿OuIgoing) Re50UTEts for the ye
Tothl fund brought foTw4vd
io
Totsl fund ￿TrIed forw*rd

PCHF
Sh
cember 2
21)23
Vlxed AJJ¢ts
Tangible fjxed ￿Sets
Current Assets
Bank and ¢osh
CurreTr¢ Ll*bllltl¢s
Other C￿dI10r$
Net Current Au¢ts
Tot•l knets l￿9$ Cvrrent U*blll¢l¢8
The financial statements
behalf by:
ved by th¢ Board of Thi$leey and authorlsed for i83ue on 10109r21Y24 ond wtte Jigned on h8
Trusiee
MrAm

FIN￿￿18] S
From oimir2023 until 31112n¢y23
AccouAtlng Poileles
Aetoumtlng Comventlon
The finart¢iai Aatements ofthe chwityhave be￿ ID accordan￿wIth ChaTlties SORP. FRS 102 Acwmtin8
and Reporting by CI￿ltIes.. Statement of Re¢ommended Prartice 4¥1icable to chaTitles pr¢ptiring their a¢¢ounts in
accordan¢e with Financial Reporting Swldord applicable iti the UK and Republic of Ireland (FRS 102) ¢ffe¢tiv¢ (I
January 2019) and Ch•Tities A¢t 2011. The t1nanci￿ StsteM￿ ha￿ been wtpared Unde¥ the hist(rM] ￿lt
conveniiLm.
12.
Rwnltlon of Ineomthg R¢wwre
Th¢ge are incI￿led irt Sw¢m¢nt of Finan¢tsl knivi¢ies (SOFA) when:
- th¢ charity became ¢ntiikd tr> the resour¢
. the trustees are virtiAlly ¢enatn they will Teccive the
- the monethry value be rneuuTed with suffi¢itntTeliability.
Ip¢omln8 rewureu wlth relAted exwdhur¢
WI￿re in¢omin8 reJouYc¢s have relat￿ expendittwe (ts wlth furA Tailing Dre￿tract Iti￿￿¢) th• Incomin8 re*)u
and ttlated expenditur¢ art Ye￿rted &ross ID th¢ SOF
Crnnts *nd DoD*tlons
Grants and dLwtlons onty included in the SOFA when the ¢huity hts ¢ntitlemeM to the resourw.
R￿0￿re￿ Espended
Expertdlnwe Is ￿¢0￿nIzed on an ac¢nwl ￿lls liatMIIty i¥

From oiioir2023 until 31112f2023
Rda¢¢d P•rty Tr•nwtknn*
No transa¢tlons wlth th¢ trust4es durlngthe

ststement of F"
Iioir2023 until
Ineom¢
io
io
Admlhlrtr*¢lve Expenses
16
Exeu• of In¢ome Over Exwdknrt
76
io