PUBLIC HEALTH MEDICINE
EDUCATION TRUST FUND
Annual Accounts
For the Year Ended 31 March 2025
Charity Number: . NIC101278

PUBLIC HEALTH MEDICINE
EDUCATION TRUST FUND
Index
ANNUAL ACCOUNTS 2024125
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 McGurnaghan

PUBLIC HEALTH MEDICINE EDUCATION TRUST FUND
TRUSTEES REPORT
Background
The Public Health Medicine Education Trust Fund was formed on 1st 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 received
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 Northem Ireland Health and Personal Social
Services 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 Services
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 fonm determined by the
Department 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 trustees have had regard to the Charity Commission's Public benefit requirement
statutory guidance
The purpose of the Public Health Medicine Education Trust is the advancement of
education in Public Health Medicine resulting in improved health of the public in Northem
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'shealth, 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 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.
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 specialty
registrars where funded to attend a Leadership Course to ensure the continuous
development and up to date knowledge of their teams as well as promoting their
wellbeing. A Consultant was also funded to present at a conference focusing on
leadershiplfeedbacldcoaching in the context of recent challenges within training identified
in relation to low trainee morale, staffinglworkload pressures and organisational change.
The Stephenson Prize Event was again funded which is an annual activity organised for
specialty registrars (StRs) undertaking Public Health training in the Northern Ireland
Deanery. The purpose of the event is to allow StRs an opportunity to present work they
have undertaken to their peers, supervisors and colleagues, thereby sharing the learning
achieved and allowing StRs to develop and improve their presentation skills and enhance
their confidence in delivering to a Public Health audience.
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 infonnation.
Signed on behalf of the Trustees:
Dr Louise Herron
Date 15th October 2025

PUBLIC HEALTH MEDICINE EDUCATION TRUST FUND
REPORT OF THE INDEPENDENT EXAMINER
Independent examiner's 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
2025. 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 Northern 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 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 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:
(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 08 October 2025.

PUBLIC HEALTH MEDICINE EDUCATION TRUST FUND
Accounts for the Year Ended March 2025
Statement of Financial Activities for the Year Ended 31 March 2025
2025
2024
Note
Unrtstrictèd
Funds
ReS¢rI￿ed
Funds
Total
Funds
Totsi
Funds
INCOMING RESOURCES
Incoming resour￿ from generating funds
Voluntary Inwtne
Activities forgenerating funds
Investment income
4.5fj7
4,567
3,974
Incoming ￿$¢)UrCeS from charitable actlvlties
Oth8r incomlng resource5
Totsl Incomlng Resources
3,974
RESOURCES EXPENDED
Costs of Generating funds
Costs of generats.no voluntary incorne
Fundraising trading.. Costs of goods solé aNJ other costs
Investment management G05ts
Charltable Activities
Governan￿ Cost5
Other Resources Expended
Total resourcos oxpended
3.754
1,088
3,754
1.088
1,022
1.180
4.842
4.842
2.203
Net In¢omlnglloutyoingl resoU￿e$ before transfers
-274
-274
1,772
TRANSFERS
Gross transfers betseen fund5
Net IncomIn￿lO￿t￿Oiftg) Resources before oth*r re¢ognised
gains and los$e$
.274
-274
1,772
OTHER RECOGNISED GAINSILOSSES
Gain51llossesl on revaluation of fixed assets for charitys own use
Galnslllossesl on investment assets
12
2.009
2.009
27,451
Net Movement In Funds
1.735
1.735
29.222
RECONCILIATION OF FUNDS
Fund balances brought forward at 1 April 2024
235,422
235,422
206,200
Fund balances carried forward at 31 March 2025
The notes at pages 8 tg 16 form part of thi5 account.

PUBLIC HEALTH MEDICINE EDUCATION TRUST FUND
Accounts for the Year Ended March 2025
Balance Sheet as at 31 March 2025
Note
2025
2024
Non-current Assets
Investments
Programme related investments
Total Non-current Assets
12
237,857
265,344
237,857
265,344
Current Assets
Cash at bank and in hand.
Total Current Assets
Creditors: Amounts falling due within one year
14.1
700
800
Net Current Assetsl (Liabilities)
700
800
Total Assets less Current Liabilities
237.157
264,544
Net Assets
237,157
264,544
Funds of the Charity
Restricted incorne funds
Endowrnent funds
Unrestricted income funds
Unrestricted income funds
Revaluation reserve
15
237.157
264,645
Total Unrestricted Funds
237,157
264,645
Total Charity Funds
237,1S7
264,645
The notes at pages 8 to 16 fomi part of this account.
Signed:
Dr Louise Herron
Date= 15 October 2025

PUBLIC HEALTH MEDICINE EDUCATION TRUST FUND
Accounts for the Year Ended 31 March 2025
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 following three factors have been met:
1) Entitlement - arises when a particular resource is re￿1vable 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 charity are included in the Statement of
Financial Activities only 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 resources when
receivable.
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 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 2025
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 resources, 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(f) 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 for which it was
incurred.
1 (g) Allocation of Support Costs and Overheads
Support costs and overheads have been allocated to Govemance 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 2025
NOTES TO THE ACCOUNTS
1. Accounting Policies - Continued
1 (1) Investment Fixed Assets
Investment fixed assets are shown at market value as at the balance 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
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 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 2025
NOTES TO THE ACCOUNTS
2. Analysis of Voluntary Income
There is no voluntsry income for the year ended 31 March 2025 (2024= Nil).
3. Gross Investment Income
2025
Total
Funds
2024
Total
Funds
Gross income earned from:
Fixed asset equity and similar investments
Fixed asset cash on deposit
Current asset investments
Other
4,567
3,974
Total
4. Incoming Resources from Charitable Activities
There is no income from charitable activities for the Fund for the year ended 31 March 2025 {2024: Nil)
11

PUBLIC HEALTH MEDICINE EDUCATION TRUST FUND
Accounts for the Year Ended March 2025
NOTES TO THE ACCOUNTS
5. Allocation of Support Costs and Overheads
2025
Total
Funds
2024
Total
Funds
Allocated to
Governance
Charitable
Activities
Financial Administration
Admin charge
700
388
700
388
800
380
Total
1,180
6. Analysis of Charitable Expenditure
Grant
Funded
Activity
2024
Total
Funds
2025
Total
Support
Costs
Staff education and welfare
3,754
3,754
1,022
Total
1,022
12

PUBLIC HEALTH MEDICINE EDUCATION TRUST FUND
Accounts for the Year Ended March 2025
NOTES TO THE ACCOUNTS
7. Analysis of Grants
The fund has had no grants in year ended 31 March 2025 (2024.. Nil}
8. Transfers Between Funds
The Fund has made no transfers be￿een restricted funds, unrestricted funds or
endowment funds in the year ended 31 March 2025 (2024.. Nil}
9. Analysis of Staff Costs:
The Fund has no employees in the year ended 31 March 2025 (2024: Nil)
10. Accountant's Remuneration
The accountant's remuneration of £700 {2024'. £800) related to the preparation of the Financial
Statements, the completion of the Annual Monitoring Retum to the Charity Commission.
13

PUBLIC HEALTH MEDICINE EDUCATION TRUST FUND
Accounts for the Year Ended March 2025
NOTES TO THE ACCOUNTS
11. Total Tangible F￿ed Assets
There are no r￿ed assets held by the Fund in year.12024.. Nil)
12. Analysls of F¢xed Asset Investments
12.1 Investrnents in a Cornrnon Investment Fund
2025
2024
Market value at 1 April 2024
Net cash inflowlloufflowl
Share of in¢ome
Share of reallsed gain￿{lO$se$l
sha￿ of Un￿alIsed gainslllossesl
Market value at 31 March 2025
236,122
14,8411
4,567
21,024
19.015
206,900
12.2021
3,974
2.435
12.2 Marketvalue as at 31 klarch 202S
Held
Hdd
Outside
UK
UK
2025
2024
Investment propert￿$
Investments15sted on Stock Exchange
Investments in CIF
InvestTnent5 in a Cornrnon Deposit Fund or Invesimenl Fun
unlis￿ securities
Cash held as part of the investment portfolS0
Investments in conneGted bodies
Other investments
237,857
237.857
236,122
Total Market Value of F￿ed Asset Investments
14

PUBLIC HEALTH MEDICINE EDUCATION TRUST FUND
Accounts for the Year Ended March 2025
NOTES TO THE ACCOUNTS
13. Analysis of Debtors
There are no debtors for the year ended 31 March 2025 (2024:Nil)
14. Analysis of Creditors
14.1. Amounts falling due within one year
2025
2024
Other creditors
Total
700
700
800
800
14.2. Amounts falling due after more than one year
There were no creditors due after more than one year. (2024:NIL)
15

PUBLIC HEALTH MEDICINE EDUCATION TRUST FUND
Accounts for the Year Ended March 2025
NOTES TO THE ACCOUNTS
15. Analysis of Charitable Funds
Balance
at 1 Aprll
2024
Funds at
31 March
Incomlng
Resources
Resourc05
Expended
Galns and
Losses
2025
Endowmentfunds Total
Reslricted funds total
Unrestricted and material designated funds Total
235.422
4,567
{4.842}
2.009
237,157
235 422
237 157
16. Contingoncies
The Fund has no contingencies at the year ended 31 March 2025 {2024.. Nil)
17. Commitments
The Fund has no commitments at the year ended 31 March 202512024.. Nil)
18. Flnan¢ial Guarantees
The fund has not given any financial guarantees as at 31 March 202512024.. Nill.
19. Rolated Party Transactions
During the year none of the Tnjstees or parties related to them have undertaken any material transactions with the Public Health
Medicine Education Trust Fund.
16