THE PUFFIN TRUST
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2017

THE PUFFIN TRUST
FINANCIAL STATEMENTS
FOR THE Tr'E.4R ENDED 31 MARCH 2017
Page
Legal and Admini5tratiYe Information
Ttu$tees' Resport
Report of the Independent Examiners
Staterneni of Financial Activities
B¥41an¢¢ sh¢¢t
N¢xes io the financial statements

THE PUFFIN TRUST
LEGAL AND ADMINISTRATIVE IPIFORMATIO
AT 31 MARCH 2017
TRUSTEES
john Mander50n
Tara Hi¥¥ins
Hel¢n Ri(¢
STeph¢n Onl
ACCOUNTAf+Trs
Baker Tilly Mooney Moore
17 Clarendon Road
Clarendon Dock
BELFAST
BTI 3BG
PRINCIPAL BANKERS
Ulster Bank
9111 Church Road
Holywood
Co Down
BT18 9BU
CHARITY NUMBER
103021 Charity Commission Nl
Inland Rev¢nue Charity Number XT21576
P*ge I

THE PUFFIN TRUST
TRUSTEES, RESPORT
FOR THE YEAR ENDED31114RCH 2017
The trusrees are pleased to present rheir report together with rhe finan¢ial statements of the charity for the Jear CTLding 31
March 2017. The tinancial staiements have been prepared in 8¢cordance with Accounling and Keponing by Chariti¢s'.
Statement of Recommended Praciice applicable to chariii¢5 preparing their accounts in accoidance with the Financial
Reponing Standard applicable in the L.K and the Republi¢ of Ir¢land (FRS 1021 leffecii¥e I lanuan 10151- Charities SORP
(FRS 1021, the Fillancial Reporlin. Siandard applicable in Ih¢ UK and the Republic of Ireland (FRS I O?).
Reference Administrative and Trustee Del8il9
This illforniation is included on page l of ihese financial 5101ements.
The Puffin Trust is a ¢h&ritable ortsanisation in Northern ITeland that 15 dedicated to funding research into problems in
pregnancy.
Public Benefit
The directors confirm thal they ha￿e had due regard for the guidance produced on Public Benefit bj the Charity Commission
for Northern Ireland ICCNII. and are pleased to r¢port that during the year ended 31 March 2017 they have continued io meel
the Public Benefit requirement by the provision of programme$ and activiiies as noied in d¢tail within this trustees report
Th¢ rnain activities undertaken by the charity in the year to 31 March 2017 to firther li purposes for the public benefit are..
The development and evaluation of recent changes io th¢ provision uf anterta￿l care for wotnen with ge&￿tIonal diabetes
mellÈtus and work on an early warning foetal motion detertion system. The ch&Tity iaise mtsney by or¥anising educational
our5¢s and then use this money to fund research. Energy is fo¢us¢d obsietyician5 and rnidwive$ 10 build a culture of criiical
thinking for the next generation.
Financial r¢vltw
Duriftg the year the charity have generated funds of £10,134 (2016.. £8.444) and have exp¢tJ5es of £7,523 (2016.. £3,633). The
net surplus of £2,611 (2016.. £4.811) has been added to the unre5tri¢ted ieserves of the charity to leave a balance of £7,057
(2016.. £4,446) to ¢arry forward. fh¢r¢ w¢re no restricted funds during the year or at the year end.
Trusttts, re5ponsibillties
The trustees are responsible for preparing the Trust¢¢5' Report and the receipts and payments aecount and statement of &ssets
and liabilities in accordance with applicable law and regulations.
The trustees are responsible for keeping accounting records that are suffi¢ient to show and explain the charity's transactions
and disclose with re&sonable accuracy at any time the asset5 and liabiliti¢s of th¢ ¢harity. They are also r¢sponsible for
saf¢guarding the ass¢t9 of the ¢harity and hen¢e for taking regsonable step5 for the preveniion and detection of fraud and other
irregularities.
Approved by the tru5t¢¢s and sigtKd on their behalf by:
Drsong
Page 2

THF. PUFFIN TRUST
REPORT OF THE II)DEPEP4DENT EXA,MINER TO THE TRLSTEES OF
THE PLFFIY TRL'ST
We have review¢d the financial slatements for the year ended J l Match 2017 on pages four to s¢ven.
R¢5p¢r¢ive responsibilities of ¢hgrity trustee5 and examiner
As Ihe charity s trusiees. you aTe responsible for ihe prip8raiion of lh¢ a¢¢ounts in accordance with the
Charilies Act (Nonhern ITelandl 2008.
IT is our responsibility lo..
eKamine the accounts under section 65 of the Chariii¢5 Aci
follow the procedures laid down in lhe general direciions given bj the Commission under section 65(91{b) of the
Chariiies Act
giaie whether particular mallers have come to our atieniion.
Basis of independeTr¢ examlner's report
We have examined your charity accounis as required under Section 65 of ihe Charities Act and our
examinaiion was carried oul in ac¢oidance with the general Direciions given by the Charity CoTnmi$sion
for North¢rn Ir¢land under section 65191{b) of the Charities Act.
Our exatninatitsn included a Tevi¢w of the accounting records kept by ihe charity and a compari50n of the
ac￿llnts presented wilh rhose T¢COTds. It also included consideration of any unusual items or disclosures
in the accounts, and seeking explanalions from you as charity tTUStee5 Concerning any such matteTS.
Our role 15 to stats whether any mat¢rial M￿terS have come to OUT atteniion giving us cause to believe..
l. That accouniing records were not kept in accordance with section 63 of the Charifies Act
2. That the accounts do no¢ ac¢ord with those accounting records
3. That the ￿counts do not comply with ihe ac¢ounting requiremenis of the Charilies Act
4. That theTe is funher information ne¢ded for a proper underst8nding of the accounts io be reach¢d.
Independent examiner'5 5t8¢em¢nt
We have completed OUT eKaTnination and have no concerns in respect of the matters (l) to141 listed above
and, in connection with following the Directions of the Charity Cornmission for Northern Ireland. w¢ have
found no matters that requir¢ dTawing to your att¢ntion.
B&k¢r Tilly Mooney Moore
Chartered Certifi¢d Accountat
17 Clarendon Road
Clarendon Dock
Belf￿t
BTI 3BG
Page 3

THE PUFFIIN TRUST
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED JI VIARCH .01"
Lnre5trieted Restricted Total Fund5
Fund$
Fund5
2017
2016
Note$
Income from:
Oih¥r irading aclivilies..
In¢otne from ¢veAts
4.239
4239
1,31?
7.132
Incorne from course$
5.895
5,895
Total in¢ome
ID,134
10,134
,444
Expenditure on:
Raising funds
CharÉtsble activities
3,715
3,715
3.361
3,808
3,715
272
Total expe￿dI¢ure
7O23
23
3,633
Net income and expenditure
2,611
2,611
4,811
N¢t movement in funds
2.611
2,611
4.811
ReconciliAtlon of funds:
Total fund5 brought forward
4,446
4,446
(365)
Total funds c8rried forward
7,057
2,611
4,446
Th¢ notes form pgrt of these fin8nelal statements
Page 4

THE PUFFIN TRUST
BALANCE SH F.F.T
AS ATJI MARCH ?017
Notes
2017
2016
Cash at bank and in hand
7,934
7,934
4,945
4,945
CREDITORS
877
499
NET CURRENT ASSETS{LIABILITIES)
7,057
4,446
TOTAL ASSETS LESS CLIRRENT LIABILITIES
7.1157
4,446
NET ASSETS
7.057
4,446
FUP4DS
Unrestricted Funds
7,057
4,446
Restricted Funds
TOTAL FUNDS
7,057
4,446
The financial $tat¢ments were authorised for i$8ue by ihe trust￿ and signed on their bchalf by..
Dr S Orlg
The notes form prt of these finandal $tsternents
Page 5

THE PLFFIN TRUST
OTES TO THE FINANCI.4L STATEMEIYTS
FOR THE YEAR ENDED31" MARCH 2017
ST.4TElI IF.YI T OF ACCOUNTING POLICIES
The Iinancial statements of this publi¢ benefit entitj hav¢ been prepar¢d in accordan¢¢ W'ith Accounting and
Reporting by Charities.. Statement of Recotnmended Pra¢iic¢ applicable io charities preparing their accounrs
in accordance with the Financial Reporting Standard applicable in the L'K and the Republie of Ireland (FRS
l O?) leffeciive l January 2015) - (Charities SORP IFRS 1021, the F"inancial Reporting Standard applicable
in IhL' LK and the Republic of Ireland (FRS 102).
The following is a surnrnary of the significant accouDlinE polici¢5 adopted by the charitable company ln the
preparaiion of the financi81 siatements.
Income
All incoming re50UTces are in¢luded in ihe siatement of financial acTlVlties when the charity is entitled to the
income and th¢ amount can be quantified wilh reasonabl¢ accuracy. The following spe¢ifi¢ policies are appli¢d to
particulaT categoTies of income..
In¢om¢ from events and COUTS¢S are recogni5ed when the event Or course has been delivered and the ¢hariry
become5 unconditionally entitled to th¢ income.
Expenditure
All expenditure is a¢count¢d for on an accrua15 basis and has been classified under headings that aggregate all
osts related io the calegory.
Expendirure on rnising fvnds are thos¢ costs incurred in attracting voluntary income, and those incurred
in trading aciivities that raise funds.
ExpendiDJre on charitable expenditure comprises the costs of providing suppon to research bodies io
further the charitable purpose. Together with support cosis incurred centrally and govemance ¢osts
associated with the governance arrangements olthe charity and are primarily associated with
constitutional and s¢atutory requirement5. The charity's expenditure on governance costs ensures ih&i ih¢
organisation compli¢5 Wlth legislaiion and be51 practice.
Tgxation
There is no liability to laxation du¢ to the society's charitable status.
Fllnd Accountlng
The company has various types of funds for which it is r¢sponsible and which require separate disc10511re.
These are #s follows..
{1) Restrlcled Funds
Donations receiv¢d which are designated by the donor for speeific purposes. Su¢h purposes are
within the overall airns of the organisation.
(11> UDr¢striet¢d Funds
Funds which are exp¢ndabl¢ at the discretion of the trust in furtherance of the objects of the trusL
Page 6

THE PLFFIN TRUST
I OTES TO THE FIiYAliCIAL STATEIIEII TS
FOR THE YEARENDED31 MARCH •017
EXPENDITURE
L'nre5tricted
Funds
Re5trlettd
Fund$
Total
Funds
2017
2016
Costs of raising lunds
Catering cosis
Lecturer ftes and expen5¢S
Course organisaiion and assistance
Stationery
456
2,542
25
407
456
2.S42
2511
467
479
1,706
280
896
3,71S
3.715
3.361
Cost of charitable aetivitieS
fjrant- Queen's UniveTsity
Grant- Ulster University
Grant- Materniry Trust Fund
Secretarial support
Accountartts
Batth fees
Professional fees
800
1,000
Isoo
60
360
88
800
1.000
1.5110
60
360
88
65
132
75
3808
3008
272
J. CREDITORS AMOUNfs DUE WITHIN ONE YEAR
2017
2016
Accrua]s
877
499
Page 7