THE PUFFIN TRUST FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2019
THE PUFFIN TRUST FINANCIAL STATEMENTS FOR THE YEAR EI¥DED 31 MARCH 2019 Legal alld Administralive Infornthtion Trustees, RqM)rt Report of the Independent Exami Statement of Finallcial Activitie8 Balance Sheet Notes to the financial state0)ets
THE PUFFIN TRUST AT 31 MARCH 21119 TRUSTEFS DrJobD MaNleThTrn Ms Tara Higgins Ms Hel¢ Rice Dr Stephen Ollg ACCOUN[As 17 clarenth Road C]2rendon Dock BEtFAST BTI 3BG PRINCIPAL BANKERS 9111 Churth Road Holywood Co tbwn BT18 9BU 103021 Charity cotDmtOn NI Inland Revenue ChariryNumber xr2l576 Page I
THE PUFFfN TRUST TRUSTEES. RESPORT FOR THE YEAR ENDED 31 MARCH 2019 Tbe tnstees areple3scd to PTBseni thert)rt tOEethtr with the fitLatLcioJ statcTD¢nts of the charity for the year ending 31 March 2019. The fiTh7nGial 5tsterntnts havc bccrtprcparcd in accordancc wtth Accounting and RetkninE by Ch8ritie5.' Statemertt of Re(xTrJnmended Pr)Ce applicable to charttse5 pryaru>g their xcounts in acL7)rdance with thE Financial Rerting StAndard zpp]icablc in the UK ar¥J the Rwublic of It¢[ad (FRS 102} (effedive l Janwy 2015)-Clwiti¢5 Soil (FRS 102), th¢ Financial RepDrtift8 Standard applicable in fv LK and the Repllblic ofbe18nd IFRS 102}. Reference, Administrative and Trn5tee Dtt TILIS information is included orLge l of these fnCE 5tatanenl The Puffin Tru# is athaTitAblt Organioll inNorthcmJrclard is dedity fLm¢fy r¢s¢8rch into probleD ill prepwicy. Public Benefrt The tru%tecs confirn that they h8v¢ hwj duerewd for th¢ gvtd8nee produced on Public Benefit by the Charity C0misSIO foT Northcrn Ire]alld {CCNI). alld are plea5¢d to re[ thatduring the year eAt 31 March 2019 hav¢ mntinuedto eet the Public Bettefit requireJllentby the ptOVi5ionof ryogTaTtLUtes And attivitiÈ$ 8s noted ill detao within this trustees r¢port The rnain tiVitI%8 undertaken by the Chèrity in the yest 31 MaTth2019 kn fijrther it rwNJsc5 fDrthc public benefit &E.' The development and evaluation of r¢ceni to the prO510n of alltct) for women withge5tational ditrs ellitus and workon early •rning foetsi ttjotion d&eetion systrm. The charity raise mOTL¢y by OTg3nising edwational Cours and then usc this money to flu re5£9rch. En&V 15 focused on obsterriCi8Th8 and tDidwivE8 to build a culture of critical Fin2Dria] revie Durillgthe Ythe Gharity have gen¢rat&lfurtds of £1.650 {2018.. £9.0) and have incurred expcnsEsof £1.333 (2018.. £16.96ll. Thc llct surplu5 of £317 {2018 deficiL. £7.9011 has beal dedllcted fivm the UDrestricted rcserves of the charity to leav¢ a (kficit on the unrestri¢ted ye3etves of £527 (2018: sU[uS of £844). There wtse no ]Tstricted fund5 during th¢ycar or at thc year en The tru8tees undEnake persnal$F4)nslbIlty for thedcfiGilon rtsctvcs arml cxtKi that thi5 Wtll be ¢leoJed by fid]nE to be receiv¢Lt in the t1Year. Trustees. rtsponsibilitie5 The trustees Are respottsible for pttpaTI tbe Tn, Rert aDdthc rryXi &Ddpaymerts &ccount a1 Btattment of&8sets and ligbilitie5 in accordance with applicable Itw and regulatio. The trle¢S arc rcsponsible for kcq)ir4 accouDting re¢oTds that are sufflent u) show and explain the charity'5 trw)sa¢lions and disclosB With rt%onable acthracy at any time the a&ts and liabi]ities of the tbaTity. are also resronsible for Safeguarding th¢ a55ets of the tharity a3 h¢t]¢¢ for takmg reasonable steps foi ttLeprvelltion and dEteGtion of fralld and other irregularitie5. AppM by the trustees and signed ontheirTrh8lfby.' Date: . 11 Page 2
THE PUFFIN TRUST REPORT OF THE INDEPENDLNT ELLMINER TO THE TRUSTEES OF THE PUFFIN TRUST We report on the fttwiciaj stste4tKats for the year eD(kAI 31 MaTch 2019 which are set out on pages four to Respeetlve responslblllties of charity tru6teu •nd examiner As the charity's ttustees, you pre responsible for the preparation of the accowLts in accordan with the Cjjarities Act Orthern IrelaTrl) 28. It is our responwbility to: • examine the accounts under 8ection 65 of fbe chariti ACE . follow thc pmcedurt8 laid down in the genejal direLtions given by the Cotilln10tt under section 65{9)(b) of tb¢ Charitie5 AGL and • stale wbether particulmatterS have come to ouratteotio B8Si5 of itidependenl eer,$ report We have examined y(rtTr clwity accounts as required und¢r section 65 of the Cl)arilies Act and our exaTnitiation was carried out in ac¢ordan¢e with th¢g¢n¢tal Directil)DS giv by the Cl]arity Comnllssion forNortbern Ireland ullder 8ectioll 65(9Xb) of the (knities A Ourexaminatioll included a review of aco)untiDg rwds kept by the charity aDd a comp8 of the accounts presented with thos¢ re¢ord8. It a150 illcluded cotisideration of any unusual items or disclosure8 in the accounts, aDd Sking ¢xplanatioJ]s frojll you &$ cl)arity ttustees conceming any such matt¢rs. Our role is to state wh¢th¢r any terial lljattcts have c4)me our attention giving us ¢wJ8e to b¢lieve: l. That ac¢LMlntiDg 0[LS weTe notkept in a¢cokn with se£tion 63 of the Charities Act 2. That the accoullts do not accord with those auowiting records 3. That the accoullts (k> not comply with the aCcOtIng requ]mts of th¢ CIthTities Act 4. That th¢ is fixrther infOrntiOll needol frff apT0peruthtlTrg of th¢ ae¢ounts to be reache(L Independent examAner's statement We have compkted our examinthn and bav¢ no in of the n)auers (l) to (4) ]isted Above an4 in connection with following the DI105 of th¢ Charity forNortlwn ITelan(L we have found no mAt*rs that Tequire dTawiDg to your att¢DIiOIL Baker Tilly Mooney Moore Chartered Certlfied AccouDtants 17 Clarendon Road Clarendon Dock Be]fast BTI 3BG Page 3
THE PUFFIN TRUST STATEMENT OF FINANCIAL ACTivfT FOR THE YEAR ENDED 31 MARCH 2019 Unrestritted Reltritted Tolai Funds 2019 2(118 Not lttcome from: Other¢rading aclivilies.. 459 Incorne from IxTrur8CS 8.601 Total income 1.650 1,650 9.060 Expenditure on: Raising fimds Charitable a¢tivili¢s 10.230 744 744 6.731 Total expellditure Net income and (expenditure) 317 317 (7,901) Trlet movement in fund% 317 317 (7.901) Reeonellfiadon of funds: Trtai fullds brought forward 1844) 7.057 Total funds earrkd forTvard (527) ($27) (844) The Aote8 forjn part of these fwanci#l slatements P*ge 4
THE PUFFIN TRUST BALAJ¥CE SHEEr AS AT31 ML ARCH2019 N•t¢s 2019 2018 CAsh at bank and in hand 173 1.461 1,461 173 CREDrroRS: atDounts falling duc wittJitJ ODE year 71M) NET CURRENT ILIABILrriESIIASSE13 {527) {844) TOTAL Assrfs LFSS CURRENf IJABILITIFS {527) 18441 NEF {LIABILITIESVASSETS {527) {844) UllT¢stricted Fun( R¢5triGted Fund5 ($27) (8441 TOTAL FUFIDS (527) 8441 The financial statements wue autILori for issue by th¢ ènd 5ignrdon th¢ir E¢haIf by: Drs The notes forni p•rtof thtx fijwicial 51ateme•ts Pxge 5
THE PUFFIN TRUST NOTES TO THE Fll¥ANCtAL STAThMENTS FOR THE YEAR Kf4DED 31° MARCII 2019 srATKMENf OF ACCOIINTING POLICIES ¢ fjnan¢ial *atements of this public benefii entity have been prcpartd in 0rd•le with Aecounting 9nd Reporting by Charities: StstEEUellt of Re¢onllDended Practice applicablc to chtirities preping their accounts in aordanGE with the Financial Reporttng Standard applicable in the UK and the Republic of Ireland (FRS 102) (efftiVE l Jalluary 2015)- (Charities SORP IFRS 102). th¢ Fitiati¢ial Retill8 Stsndand applicable in the UK aud thE Rq)ublic of Ireland (FLS 102). The following ts a sUnll of the signifi¢aDt ]1¢1¢$ athpted by the charitabk company in the pieparation of the fmancial ststements. Golng Concern The accounts have prepared OD a going concern I55. The trUSeS acknowledge that there is a d¢fi¢it on unrestitcted funds and are satisfi1 tbat futsre fimding vrill be avadable to etLsure the continued exist¢noe of the charity for the loreseeable futs]re. The tru5tets have accq)ted that as required theywi]I tak¢ personal responsibility for the deficit ID fimds. Infome All incoming resouwe5 are inthded iti tbe siatement of fmancial activiti&s when the charity is entitled to the income and th¢ affjouttt Can be qllalltified with reasonable acLwacy. The following specifie polieies are applied to parti c41egories of income: Income from ¢v¢nts aud e¢)utses are rw18 wFty>) the event or course h&8 been de]lYerA and the charity become8 UnltiOna1fy entided to the iocm Expenditure All expenditULY is accounied for on aD xcrna]s bLsis and h&¥ cla&8ified underding$ tbat aggregate all 05ts rclated to the category. Expendlture on raising fiJnd8 are tb05e Costs in allrnctiD8 voluntary itKome, and those inculred in trading a¢tiviti&8 that raise fimds. ExpeJ)ditur¢ on dwitabl¢ eXpenth the costs of PToviding suwort to Teseareb bodies to furt the ¢baTitsbl¢ putpose. Togrtherwith support costs incurred ccntrally 2nd 8oventsnce costs a850¢iated with the gov¢tDallce arrdngejnents olthe charity and arc prllnarity &ssociated with cOnItiOry] and slatutory requireents. The charity's expendilure on governattce ¢08ts ensures the org]isatioll complie5 IE Iwlatioo and best pTa¢tice. Th¢r¢ 18 no liability to tax10 thie to the society'8 ¢IrItable ststus. Credlton Cr¢ditQTS alld provi5iOD5 ate recognised where the charity has a prG4ent obligation resulting from a past evetlt that will probably result the traLsfer of to a third p8ty and the aTW)Ullt the to settle the obh'gation an be m¢asuTed or estitDated reliably. CTeditOTS are noTmally rwised at their settlement amouni after alloTriDg for any trth discowts th. Fund Aetountkng Thc company has various typ of fillyls for which it is resp)Dsible and vA]ich rwLire seyarate disclosure. These are & follows.. {]) RE5trieted Funds DollatioDs received which are designat by the (knior for sp¢¢ific purrA)ses. Such pu4x)ses aTe within tbe overall al5 of the organisatio (ill Ullrestrieted Fllnds Funds which are expcndable at the discrelion of the in fithIe of the objects of tlke tThst. Page 6
THE PUFFIN TRUST NOTES TO THE FLYLYCIAL STATEMENTS FOR THE TrTAR EYDED 31 MARCH 2019 Total Fund8 2019 2018 Costs of r•i8ing fwKis Catering $ts Lecturer fe¢s 4t expa 440 loo 304 8,321 590 702 Stationery 844 10.354 Costoleh4rlt•bk activities Grant- Queen's UniveTsity Grant-North¢rll Tn Grant- Roy81 Jubilee Matttnity Clwitable Donations 2,000 iooo 1.000 216 216 S¢rvi¢e8 Award- Scan m¢tiVe Seeretsrial support Acttts Bank fees 600 iio 720 179 124 59 124 59 489 6.609 The Charity did not have any emp]oyees in theyear (2018: nil) attd eonsequajtty there wetr no employeeg who ¢iv¢d nb)re than £60.000 during th¢ ycar. Trustees did t¢ relveallY reJ[Lut[kn or ex[Se3 durtng the year12018: £tiiI). CREDrroRS AMOUTr4TS DUE ITrTflltN ONE YEAR 21119 2018 ACclS 700 1305 P•ge 7