PUBLIC HEALTH MEDICINE
EDUCATION TRUST FUND
Annual Accounts
For the Year Ended 31 March 2023
Charity Number: . NIC101278

PUBLIC HEALTH MEDICINE
EDUCATION TRUST FUND
Index
ANNUAL ACCOUNTS 2022123
Members of the Board
Trustees Report
Report of the Independent Examiner
Statement of Financial Activities
Balance Sheet
Notes to the Accounts

PUBLIC HEALTH MEDICINE EDUCATION TRUST FUND
MEMBERS OF THE BOARD
Charity Name:
PUBLIC HEALTH MEDICINE EDUCATION
TRUST FUND
Charity Number: NIC101278
Charity Address: 12-22 Linenhall Street
Belfast
BT2 8BS
Trustees:
Dr Philip Veal (Chair)
Dr Joanne Mcclean
Dr Denise O'Hagan
Dr Tracey Owen

PUBLIC HEALTH MEDICINE EDUCATION TRUST FUND
TRUSTEES REPORT
Background
The Public Health Medicine Education Trust Fund was formed on 151 December, 1983.
The Fund's principal purpose is to provide undergraduate and post-graduate funding for
the study of Community and Public Health Medicine. Historically, the Fund re￿iVed
donations from Doctors who were paid f&s by Belfast City Council in respect of the
completion of cremation certificates. These donations ceased in 2005 and the Fund's only
income now arises from its sole investment.
The Fund has an investrnent with the Northern Ireland Health and Personal Social
Ser4ices Charitable Fund Committee ("CIF'). CIF is a pooled charity trust established by
an Order dated 30th March, 1995, made by the Department of Health and Social Serwces
under Section 25 of the Charities Act (Northem Ireland) 1964, with the objective to hold
and to manage charitable funds for the benefit of the participating bodies in connection
with the provision of health and social services in Northern Ireland. The Fund is allocated
a share of the CIF'S quarterly dividend income, unrealized gainsllosses and realized
gainsllosses in respect of its investment in CIF.
Under the Health and Personal Social Services (Northem Ireland) Order 1972, (as
amended by Article 6 of the Audit and Accountabilty (Northern Ireland) Order 2003), the
Department of Health. Social Services and Public Safety (DHSSPS) has directed the
Public Health Medicine Education Trust Fund to prepare a statement of accounts in
respect of endowments and other property held on trust by it in a fomi determined by the
Departsnent of Health, Social Services and Public Safety. The financial statements are
prepared as an accrual basis and must provide a true and fair view.
Public Benefit Statement
The trUSt￿S have had regard to the Charty Commission's Public benefrt requirement
statutory guidance
The purpose of the Public Health Medicine Education Trust is the advan￿ment of
education in Public Health Medicine resulting in improved health of the public in Northern
Ireland.
The direct benefit which flows from this purpose is improved knowledge of undergraduate
and post-graduate medical students in order that Public Health Medicine can improve the
community's health. well-being and health protection as well as reduce health
inequalities through the organized efforts of society in Northern Ireland.

PUBLIC HEALTH MEDICINE EDUCATION TRUST FUND
TRUSTEES REPORT
Public Benefit Statement
This benefit is demonstrated through feedback from the undergraduate and post-graduate
medical students of improved knowledge and through the monitoring of Public Health by
healthcare professionals.
This putpose does not lead to harm.
The Charitws beneficiaries are undergraduate and post-graduate medical students
involved in the study of Public Health Medicine in Northern Ireland and there is no private
benefit to trustees.
Activities Funded in year
The PHMT has continued to support individuals to attend courses that would help them
enhance key skills required to fulfil a Consultants role effectively. We hope to increase
support for post-graduate students in the next financial year by supporting fa￿ to fa
training in this post pandemic era.
Reserve Policy
The Trusts Reserve Policy is that unrestricted funds not committed or invested in tangible
fixed assets should be between 3 and 6 months of unrestricted expenditure.
Financial Position
The Trust remains in a healthy financial position and aims to continue to help post
graduate students.

PUBLIC HEALTH MEDICINE EDUCATION TRUST FUND
TRUSTEES REPORT
Trustees, Responsibilities
In preparing the financial statements the Trustees are required to".
Observe the accounts direction issued by the Department of Health, induding
relevant accounting and disclosure requirements, and apply suitable accounting
policies C&n a consistent basis"
Make judgments and estimates on a reasonable basis-
State whether applic2ble accounting standards as set out in SORP 2005 have
been followeo and disclose and explain any material departures in the financial
statements"
Keep proper accounting records,. and
Ensure an effective system of internal control and estsblish arrangements for the
prevention and detection of fraLKI and corruption.
Ststement of Dlsclosure to the Independent Examiner
So far as the Trustees are aware, there are no relevant audit information of which
the Fund's auditor is aware: and
The Trustees have taken all the steps that they ought to have taken as trustees
in order to make themselves aware of any relevant audit infomation and to
establish that the Fund's auditor is as%vare of that information.
Si ned on behalf of the Trustses:
Dr Philip Veal
Dat• 3rd July 2023.

PUBLIC HEALTH MEDICINE EDUCATION TRUST FUND
REPORT OF THE INDEPENDENT EXAMINER
Independent examiner's report to the trustses of tho Public Health M8dicin8
Education Trust Fund
I have prepared and reported on the accounts of the Tiust for the Year Ended 31 March
2023, which are set out on pages 6 to 16, 1 can confirm that I have not been involved in
the day-to-day runninglbook-keeping of the Common Investment Fund and do not hold
a trustee position.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's
trustees consider that an audit is not required for this year and that an independent
examination is needed as agreed with the Charty Commission of Northem Ireland within
the terms stated aboye.
It is my responsibility to examine and prepare the accounts and to state whether particular
matters have come to my attention.
Basis of independent examiner's report
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 Common Investment Fund administrators 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 eviden￿ 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:
(1) Which gives me reasonable cause to believe that in any material respect the
requirements:
to keep accounting records. and
to prepare accounts which accord with the accounting records 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.
Lyn Benson, FCCA, BA
Date 3rd July 2023.

PUBLIC HEALTH MEDICINE EDUCATION TRUST FUND
Accounts for the Year Ended March 2023
ststement of Flnancial Activities for the Year Ended 31 March 2023
2023
2022
Toial
Furx15
Nots Unrèstiict•d R•strictsd
Fund5
Fund5
FuE¥ds
IN¢OM114G IIESOURCES
IncomiTrJ r￿￿￿r¢e8 from generaling fiJnd8
Vduntsry IFKorne
A¢tMties for gwor81irKJ funds
Investment Inccxno
3,820
3x20
IncomirKJ (98wrc*s from tharitabb aclivili08
other Ino)miryJ res(x1￿e$
Total IncomiThg ReSoU￿e￿
3.820
3.820
3,820
RESOURCES EXPENDED
Costs of Gonerati￿g )knd5
Costs ol 98nèrating volLthtary incorne
Fundraistng IfadirKJ.' Costs ol 9￿]d8 wld and (thro)sts
InvÈstment Man8￿Ment cost5
Ch8ritatA8 Activities
Govemance Costs
C￿er Resources Expendad
Total ￿sOurceS exptnded
62
1,294
71X)
1,627
1.627
1,995
t incominglloutgoingl resources before transfe
1194
2.194
1,662
TRANSFERS
Gross Iransfers funds
Net Ineom4ntylOutgoln9) Rosour¢e8 before (Aher recognls•d
galn45 and lo&￿8
2.194
2,194
1.662
OTHER RECOGNISED GAIMSJLOSSES
Gatnsl{losse8) Drt revaluats"￿ of fixed assets ft>rcharity's L￿￿
Gainsfiio88e$) on investmwtt assetg
12
114,0751
1140751
12,037
Net Mov•mgnt In Fund$
111.8821
11.BB21
RECONCILIATION OF FUNDS
Fund l)alance5 brought forward at 1 Apftl 2022
21&082
218.082
FurKI balances carrfgd fornord at 31 March 20rJ
The notes * ￿geS 8 to 16 fomi parl ofthi$ atrount.

PUBLIC HEALTH MEDICINE EDUCATION TRUST FUND
Accounts forthe Year Ended March 2023
Balan¢e Sheet as at 31 March 2023
2023
Inl*yibl? assets
TawYJiik¥ 8$98t8
11
12
218,782
Tp141 Mon£urr•nt A•••ts
21a,782
Currgnt As80ts
13
Short tern itwesfvnts and dep05116
Cash at b8nk and in hand.
Tolql Cufy•ntA￿ts
reditorn: Amcunts fdllro ts wmhln OF￿ y•w 14.1
UnfMlh•d en)dltor
(knniA88•ts1 (Llablll#o•)
70Q
Totsl AM•ts1098 Cuff•rt U•blllll8•
211082
Cr•dRorn: Arno￿￿ fdltrrfJ dua alt•rnm Ihon 142
218.081
Fund• orth• Charlty
unrestr1¢Y￿ in¢wM fvnd8
15
21&¢J82
Tot•1 Uwe8tsldul Fw
21&
Total Chartty FundB
8t0 16 form portolli8 ar￿unt.
Date. 3Td Juty 2￿3

PUBLIC HEALTH MEDICINE EDUCATION TRUST FUND
Accounts for the Year Ended 31 March 2023
NOTES TO THE ACCOUNTS
1. Accounting Policies
1(a) Basis of Preparation
The financial statements have been prepared in accordance with 'Accounting and
Reporting by Charities, The Statement of Recommended practi￿ issued in March 2005
and with relevant guidance issued by the DHSSPS.
1(b) Incoming Resources
All incoming resources are included in full in the statement of financial activities as soon
as the followng three factors have been met:
l) Entitlement- arises when a particular ￿source is receivable or the charitys right
becomes legally enforceable,.
2) Certainty- where the￿ is reasonable certainly that th& incoming resource will be
received,"
3) Measurement - when the monetary value of the incoming resources can be
measuTrd with sufficient reliability.
1{c) Incoming Resources from Legacies
All incoming reSoUr￿S are recognized once the charity has entttlement to the
resources, it is ￿rtain that the reSoUr￿S will be re￿iVed and the monetsry value of
incoming resources can be measured with sufficient reliability.
1 (d) Gifts in Kind
1) Assets given for distribution by the charity are included in the Statement of
Financial Activities onty when distributed.
2) Assets given for use by the charity (e.g. Property for its own occupation) are
included in the Statement of Financial Activities as incoming reSoUr￿S when
re￿1Vable.
3) Gifts made in kind but on trust for conversion into cash and subsequent application
by the charity are included in the accounting period in which the gift is sold.
In all cases the amount at which the gifts in kind are brought into account is either a
reasonable estimate of their value to the charty or the amount actualty realized. The basis
of the valuation is disclosed in the Trustees Report.

PUBLIC HEALTH MEDICINE EDUCATION TRUST FUND
Accounts for the Year Ended 31 March 2023
NOTES TO THE ACCOUNTS
1. Accounting Policies - Continued...
1{e) Intangible Income
Intangible income (e.g. the provision of free accommodation) is included in the accounts
with an equivalent amount in the outgoing reSoUr￿s, if there is a financial cost borne by
another party. The value placed on such income is the financial cost of the third party
providing the resources.
1{t) Resources Expended and Irrecoverable VAT
All expenditure is accounted for on an accruals basis and has been classified under
headings that aggregate all costs related to the category. All expenditure is recognized
On￿ there is a legal or constructive obligation committing the charity to the expenditure.
Irrecoverable Vat is charged against the category of resources expended for which it was
incurred.
1{g) Allocation of Support Costs and Overheads
Support costs and overheads have been allocated to Governance Costs. The analysis
of support costs and the bases of apportionment applied are shown in Note 5.
1(h) Charitable Activities
Costs of charitable activities comprise all costs incurred in the pursuit of the charitable
objects of the charity. These costs comprise direct costs and an apportionment of
overhead and support costs as shown in Note 5.
1(1) Governance Costs
Governance costs comprise all costs incurred in the governance of the charity. These
costs include costs related to the preparation of the Accounts together with an
apportionment of overhead and support costs.
1ti) Fixed Assets
There are no fixed assets held by the Fund.
1 (k) Donated Assets
There are no donated assets held by the Fund.

PUBLIC HEALTH MEDICINE EDUCATION TRUST FUND
Accounts for the Year Ended 31 March 2023
NOTES TO THE ACCOUNTS
1. Accounting Policies - Continued...
1 (1) Investment Fixed Assets
Investment fixed assets are shown at market value as at the balan￿ sheet date. The
Statement of Financial Activities includes the net gains and losses arising on revaluation
and disposals throughout the year.
1(m) Realised Gains and Losses
All gains and losses are taken to the Statement of Financial Activities as they arise.
Realised gains and losses on investments are calculated as the difference between sale
proceeds and opening market value (purchase date if later). Unrealised gains and
losses are calculated as the differen￿ be￿een the market value at the year end and
opening market value (or purchase date rf later).
1(n) Funds Structure
Where there is a legal restriction on the purposes to which a fund may be put, the fund is
classified in the accounts as a restricted fund. Funds where the capital is held to generate
income for charitable purposes and cannot itself be spent are accounted for as
endowment fund. Other funds are classified as unrestricted funds. Funds which a￿ not
legally restricted but which the Trustees have chosen to earmark for set purposes are
classified as designated funds.
1 (0) Pension
The fund has no employees.
10

PUBLIC HEALTH MEDICINE EDUCATION TRUST FUND
Accounts for the Year Ended March 2023
NOTES TO THE ACCOUNTS
2. Analysi8 of Voluntary Income
There is no voluntsry income for the year endeol 31 MarGh 2023 (2022.. Nil).
3. Gross Invoslment Income
2023
Totsl
Funds
2022
Total
Funds
Gro88 income earned from:
Fixed asset equity and similar investments
Fixed asset cash on deposit
Current asset investrnents
Other
3,820
3,￿8
Total
4. Incomlng Resources from Charitable Actrwities
There is no income from charitable activities for the Fund for the year ended 31 March 2023 (2022= Nil)
11

PUBLIC HEALTH MEDICINE EDUCATION TRUST FUND
Accounts for the Year Ended March 2023
NOTES TO THE ACCOUNTS
5. Allocation of Support Costs and Overhead8
2023
Total
Funds
2022
Total
Funds
Allocated to Charitable
Govemance Actlvltles
Financial Administration
Admin charge
Salaries and related costs
Staff training
Staff recruitirent
Office rent
Intemal Audit
Extemal Audit
Telephonel Postagel stat￿onery
Bank Charges
Other professional expenses
Insuran
700
64
700
64
700
Total
6. Analysis of Charitable Expenditure
Grant
Funded
Actlvlty
2022
Total
Funds
2023
Total
Support
Costs
Medical research
Purchase of new equipment
Building and refvrbishment
Staff education and welfare
Patient education and welfare
Other
862
1,294
Total
12

PUBLIC HEALTH MEDICINE EDUCATION TRUST FUND
Accounts for the Year Ended March 2023
NOTES TO THE ACCOUNTS
7. Ana￿lS of Grants
The fund has had no grants in year ended 31 March 2023 (2022". NIEI
B. Transfers BetrHeen Funds
The Fund has made rm) trartsfe￿ btheen restricled fvnds, unrestrlcaed ftjnds or endowment fijnds in the
year erxled 31 Mar(* 2023 (2022.. Nil)
Analysis of Staff Costs:
The Fund ha5 no em￿oYeeS in the year endeil 31 March 2023 {2022: Nil)
10. A¢￿Un￿ntS R•munwation
The account8nfs remuneration of £700 12022.. £700) related 50Jely to the preparation Df the financial
statements and the Completion of the Annu81 MonilorirwJ Retum to the Chanty Commission.
13

PUBLIC HEALTH MEDICINE EDUCATION TRUST FUND
Accounts for the Year Ended March 2023
NOTES TO THE ACCOUNTS
11. Total T•nglble Flx•d A8gèts
TW a￿ no fixèd assets h8kY by thè Fund12022'. Niri
12. Analysis ol Flxad Assot Invastmonts
12.1 Investmgnts in a Common Invostmant Furrd
2023
2022
Markèt valuè at 1 April 2022
Net cash irfflowllouffiow)
Share of income
Share of ￿alised oainslllossesl
Sharo of unreallsed 9ainslOosses)
Markèt valuè at 31 March 2023
218.782
11.6261
3.820
7.512
205,084
11,9941
3.656
7.580
218.782
12.2 Plark•t Valug as at 31 March 2023
Hold
)utsldg
UK
Hgld In
UK
2022
Investment prO￿tieS
Investments listed on SIoL* Exchange
Investments in CIF
Investments in a Common Deposit Fund or Investment Fund
UnlÉsted securittes
Cash hold as part ol the investment portfolio
Investments in connected bodies
Olher investments
206,900
2(b.900
218,782
Total Alarket Valu• of Flx¢d A8¥ot Inve¥lmonts
14

PUBLIC HEALTH MEDICINE EDUCATION TRUST FUND
Accounts for the Year Ended March 2023
NOTES TO THE ACCOUNTS
13. Analysis ol Debtors
The￿ are no debtors for the year ended 31 March 202312022.Nil)
14. Anatysls of Credltors
14.1. Amounts fallin9 due within oneyear
2023
2022
Loans and overdratts
Trade cr8ditoffs
Other creditors
Accruals
Deferred iricome
Total
700
7CK)
142. Amounts falling due after mornthan ono year
2023
2022
Loans and
overdrafts
Trade
editors
Other creditors
A¢cnJals
Deferred
income
Total
15

PUBLIC HEALTH MEDICINE EDUCATION TRUST FUND
Accounts for the Year Ended March 2023
NOTES TO THE ACCOUNTS
15, Analy818 of ¢harftsble Fund8
Balance
at 1 Apyil
1022
Funds at
31 March
2023
Incoming Ite¥ourtes Gaim and
R8sourc•5
Expanded
End(PNTnwt fvrxly Totsl
Restric￿ fundts total
Unrestricted and matenal deslgnated fvnds Total
218,082
3,820
11.6281
114,0751
206,200
16. C¢*ntlngenclg¥
The Fmd has no contingerKtes at the year ended 31 ma￿th 20rJ12022.. Niil
17. Commitmenis
The Fund has al tho ygar ended 31 March 20Yd {2022.' Nil)
1& Flm•nclal Guarantees
The ￿nd has not gwen anYffinan[J￿ guarant£e5 as at 31 March 202312022 Nil).
19. Relate(I Party Trarffjactions
During the year rK)ne of Ihe Trustees or parttes related to them lave urthrtaken any matertal trans*tsons with Ihe Public Heamh Medicin8
Education Trusi Fut*1.
16