PUBLIC HEALTH MEDICINE
EDUCATION TRUST FUND
Annual Accounts
For the Year Ended 31 March 2024
Charity Number: . NIC101278

PLIBLIC HEALTH MEDICINE
EDUC
Tl
T FUND
Index
ANNUAL ACCOUNTS 2023124
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 Louise Herron (Chair)
Dr Denise O'Hagan
Dr Tracey Owen
Dr Paul McGumaghan

PUBLIC HEALTH MEDICINE EDUCATION TRUST FUND
TRUSTEES REPORT
Background
The Public Health Medicine Education Trust Fund was formed on 1 sl 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 fees 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 investment with the Northern Ireland Hearth and Personal Social
servI￿s 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 Ser￿ices
under Section 25 of the Charities Act (Northern 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 (Northern Ireland) Order 1972, (as
amended by Article 6 of the Audit and Accountability (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 form determined by the
Department of Health. Social servI￿s and Public Safety. The financial statements are
prepared as an accrual basis and must provide a true and fair view.
Public Benefit Statement
The trustees have had regard to the Chartty Commission's Public benefit requirement
statutory guidan
The purpose of the Public Health Medicine Education Trust is the advan￿rnent of
education in Public Health Medicine resulting in improved health of the public in Northern
Ireland.
The direct benefft 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'shealth, well-being and health protection as well as reduce health
inequalities through the organized efftirts 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 purpose does not lead to harm.
The Charity's 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.
Retirement and Appointment of Trustees
This year saw the retirement of Philip Veal as Chair and Trustee as well as the retirement
of Joanne Mcclean. We thank them for their service and support throughout the years.
Louise Herron was appointed a Trustee and Chair and Paul McGurnaghan as a Trustee.
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. During the year an event
was supported that allowed Specialty Registrars to present a ple￿ of servicelacademic
work addressing a question of relevance to public health policy, practice or research in
Northern Ireland. This vaTied from being a completed project, an on-going project or a
proposed project. Each registrar gave a presentation on an area of their choice. This
contributed to the learning outcomes on presentations, oral skills and displaying data that
can enhance the knowledge and skills of the Public Health community for the benefit of
the public.
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, including
relevant accounting and disclosure requirements, and apply suitable accounting
policies on a consistent basis.
Make judgments and estimates on a reasonable basis.
state whether applicable accounting standards as set out in SORP 2005 have
been followed and disclose and explain any material departures in the financial
statements;
Keep proper accounting records., and
Ensure an effective system of internal control and establish arrangements for the
prevention and detection of fraud and corruption.
Statement of Disclosure 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 information and to
establish that the Fund's auditor is aware of that information.
Signed on behalf of the Trustees:
/QnY
Dr Louise Hem)n
Date 15 October 2024.

PUBLIC HEALTH MEDICINE EDUCATION TRUST FUND
REPORT OF THE INDEPENDENT EXAMINER
Independent examinerfs report to the trustees of the Public Health Medicine
Education Trust Fund
I have prepared and reported on the accounts of the Trust for the Year Ended 31 March
2024, 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 Charity Commission of Northem Ireland within
the terms stated above.
It is my responsibility to examine and prepare the accounts and to state whether particular
matters have come to my attention.
Basis of independent examinerfs 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 Inveslment 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 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 examinefs 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
o 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 08 October 2024.

PUBLIC HEALTH MEDICINE EDUCATION TRUST FUND
Accounts for the Year Ended March 2024
statement of Financial Activities for the Year Ended 31 March 2024
2024
2023
Not• Unrnstrlctod R•stslet
Fur
Funds
Total
Fundo
Total
Funds
INCOMING RESOURCES
Inwming trom oeneraty.no AJn¢Js
Voluntary Inwme
Athil¢es for ge￿ratiThj bJThts
Investrnent irKome
3,974
3.974
3.820
Other incoming reSC￿rl
Total Ineoming Re80vrces
RESOURCES EXPENDED
Costs of Generatina funds
Costs of aenetatino v(A5Jntsry in¢xJme
Fundraisina tradina.. Costs of a¢>)Ys sold and o(her¢osts
Investrnant manaqemenl rmts
charitab￿ Athbes
Governance Costs
Other Resour￿$ Expende¢l
Total r•sourc•s •xponded
1.022
1.180
1.180
Net Incornlnglloulwngl y8sou￿•S bèlorn tsxnsf•rs
1.712
1.772
2.194
TRANSFERS
Gr05s transf￿¥ lthwi ￿nd
2.194
aains and 105se¥
OTHER RECOGNISED GAINSILOSSES
Gainsl{losse81 on revaluatim of fixed assets forthantys u•m us•
Gainslllossesl on invesimentassets
12
27,451
27.451
(14,0751
Net Mov•mont In Fwid#
29.222
29322
11082
RECONCILIATION OF FUNDS
Fund balances broughtforward at f Aprfl 2023
206.200
206,2110
218.082
Fund balan￿ Carrled forward at 31 March 2024
The Th)tes at pages 8 to 16fwm wtof this aca)unL

PUBLIC HEALTH MEDICINE EDUCATION TRUST FUND
Accounts for the Year Ended March 2024
Balance Sheet as at 31 March 2024
Note
2024
2023
Non£urrent Assets
Investments
Programme retated investments
Total Non-current Assets
12
236.122
206.900
236,122
206,900
Current Assets
Cash at bank and in hand.
Total Current Assets
Creditors: Amounts falling due within one year
14.1
800
7CKI
Net Current Assetsl {Liabilities)
800
700
Total Assets less Current Liabilities
235,322
206,200
Net Assets
235,322
206,200
Funds of the Charity
Restricted income funds
Endowment funds
Unrestricted income fiJnds
Unrestricted income funds
Revaluatton reserve
15
235.422
206,200
Total Un￿StriCted Funds
235,422
206,200
Total Charity Funds
235,422
206.200
The notes at pages 8 to 16 form part of this account.
Signed:
Dr Louise Herron
Date: 15 October 2024

PUBLIC HEALTH MEDICINE EDUCATION TRUST FUND
Accounts for the Year Ended 31 March 2024
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 Practice 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 following three factors have been met:
1) Entitlement - arises when a particular resource is receivable or the charity's right
becomes legally enforceable,.
2) Certainty- where there is reasonable certainty that the incoming resource will be
received,"
3) Measurement - when the monetary value of the incoming resources can be
measured with sufficient reliability.
1 (c) Incoming Resources from Legacies
All incoming resources are recognized once the charity has entitlement to the
resources, it is certain that the resources will be received and the monetary value of
incoming resources can be measured with sufficient reliability.
1(d) Gifts in Kind
1) Assets given for distribution by the chaiity are included in the Statement of
Financial Activities only when distributed.
2} Assets given for use by the charity (e.g. Propety for its own occupation) are
included in the Statement of Financial Activities as incoming resources when
receivable.
3) Gifts made in kind but on trust for conversion into cash and subsequent application
by the chanty 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 charity or the amount actually 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 2024
NOTES TO THE ACCOUNTS
1. Accounting Policies- Continued...
1 (e) Intsngible Income
Intangible income {e.g. the provision of free accommodation) is included in the accounts
with an equivalent amount in the outgoing resources, if there is a financial cost borne by
another paty. The value pla￿d on such income is the financial cost of the third party
providing the reSoUr￿s.
1 (fj 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
once there is a legal or constructive obligation committing the charity to the expenditure.
Irrecoverable Vat is charged against the category of resources expended foi 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 (i) 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 2024
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 difference between the market value at the year end and
opening market value (or purchase date if later).
1 (n) Funds Structure
Vl4here 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 unrestticted funds. Funds which are 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 2024
NOTES TO THE ACCOUNTS
2. Analysis of Voluntary Income
There is no voluntary income for the year ended 31 March 2024 (2023.. Nil).
3. Gn)ss Investment Income
2024
Total
Funds
2023
Total
Funds
Gross income earned from:
Fixed asset equity and similar investments
Fixed asset cash on deposit
Current asset investments
Other
3,974
3,820
Totsl
4. Incoming Resources from Charitable Actfvftles
There is no income from charitable activities for the Fund for the year ended 31 March 2024 (2023: Nil)
11

PUBLIC HEALTH MEDICINE EDUCATION TRUST FUND
Accounts for the Year Ended March 2024
NOTES TO THE ACCOUNTS
5. Allocation of Support Costs and Overheads
2024
Total
Funds
2023
Total
Funds
Allocated to
Govemance
Charitable
Activities
Financial Administrab'on
Admin charge
800
380
800
380
700
Total
6. Analysis of Charitable Expenditure
Grant
Funded
Activity
2023
Total
Funds
2024
Total
Support
Costs
Staff education and welfare
1,022
1,022
862
Total
12

PUBLIC HEALTH MEDICINE EDUCATION TRUST FUND
Accounts for the Year Ended March 2024
NOTES TO THE ACCOUNTS
7. Analysis of Grants
The fund has had no grants in year ended 31 March 2024 {2023.' Nil)
8. Transfers Between Funds
The Fund has made no transfers belween restricted funds, Un￿strICted funds or
endowment funds in the year ended 31 March 2024 (2023.. Nil)
9. Analysis of Staff Costs:
The Fund has no employees in the year ended 31 March 2024 (2023: Nil)
10. Accountant's Remuneration
The accountant's remuneration of £800 (2023: £700) related lo Ihe preparation of the Financial
Statements, the completion of the Annual Monitoring Return to the Charity Commission and co-ordinating
the updating of the deeds of Trustees.
13

PUBLIC HEALTH MEDICINE EDUCATION TRUST FUND
Accounts for the Year Ended March 2024
NOTES TO THE ACCOUNTS
11. Total TangitAe Fixed Assels
The￿ are no awts IW Fw4J in ￿r. {2023.. Nil)
12. Anaty3is of Frrted Asset Investments
12.1 Investrnents in a cC￿MOn InveSb7￿ F￿ThJ
2024
2023
Market Val￿ at 1 Apfjl 2023
Net cash infiowlloufficrtvl
Share of income
sha￿ of wlised gainslllossesl
Share of unrealised gain￿{lo$Se$}
MaFket value at 31 March 2024
2C6,900
12.202)
3,974
2,435
25,015
218,782
11,6261
3,820
7,512
12.2 %tstketValue as at 31 March 2024
Hdd
He
Ou￿de
UK
in
UK
2024
2023
lTrvethient wope￿"es
Inveslrnents listed on Slo(* Fxhange
Investrnents in CIF
Investments in a Common Dwt Fund or In¥esbnent Fund
Unlisted se¢uritses
Cash held as part of the investrnent p)rtfc4iD
Investments in COnne￿e¢l bodies
ot￿r inv8strnents
238.122
236.122
206.900
Tolal MarkaValueofFwJ Asset In¥estments
14

PUBLIC HEALTH MEDICINE EDUCATION TRUST FUND
Accounts for the Year Ended March 2024
NOTES TO THE ACCOUNTS
13. Analysis of Debtors
There are no debtors for the year ended 31 March 2024 {2023.Nil)
14. Analysis of Creditors
14.1. Amounts falling due within one year
2024
2023
Other creditors
Total
800
700
14.2. Amounts falling due after more than one year
There were no creditors due after more than one year. (2023: NIL)
15

PUBLIC HEALTH MEDICINE EDUCATION TRUST FUND
Accounts for the Year Ended March 2024
NOTES TO THE ACCOUNTS
15. Analysis of Charitable Funds
Fund5 at
31 March
ai 1 April
2023
Incoming
Re8ource• Galrw Jnd
R•souress E￿rtd
2024
Endowment funds Total
Restricted fvnds total
Unrestricted and material desiqnated funds Total
206.200
3.974
12,2021
27.450
235,422
16. Conlingencie8
The Fund has no Contingenc￿ at the year ended 31 March 202412023: Nil)
17. Commitinents
The Fund has no commitments at the year ended 31 March 202412023..
18. Financtal Guarantees
The fund has not given any financial guarantees as at 31 March 202412023 Nill.
19. Related Party Transactions
During the year none of the Trustees or parties related to th8m have undertaken any material transactions With the Public Health
Medicine Education Trust Fund.
16