phormocyF•rum Trustees, Annual Report and Statement of Accounts C W Young Charitable Trust For period ended 31 May 2023 NIC.. 102801 73 University Street. Belfast BT7 IHL
phormocL4F•rum Governance Arrangements . Background Governance Structures and Documents.......,........,.............................................................. Information and Administration Trustees . Objective and Activities . Pharmacy Conference . Impact of Covid-19 pandemic Financial Position of C W Young. Merging with C W Young Fund........................................................................................,............. Summary of Financial Position Trustees Signatures of Approval . Independent Examiner's Report...................................................,........................................... Financial Statements........................,................................................................................................... NIC.. 102801 73 University Street, Belfast 8T7 IHL
phormocyF•rum Governance Arrangements Pharmacy Forum Nl (the Forum) is the professional leadership body for all pharmacists registered to practice in Northern Ireland. The elected Board Members of the Forum are also the Trustees of the C W Young Charitable Award. The remit in which the Forum and Trustees operate is set out in a legal scheme of delegation between the Pharmaceutical Society Nl and the Forum. Background The Pharmaceutical Society Nl is legislated through the 1976 Pharmacy Order {Nl) and subsequent amendments in 2012 to regulate and to provide leadership for the pharmacy profession in Northern Ireland. Pharmacy Forum Nl was set up in 2011 to provide the professional leadership function enabling the Pharmaceutical Society to have a regulatory and leadership remit and yet achieve the separation of function consequent to the Government's wish to decouple professional leadership and regulation. A legal scheme of delegation exists between the Pharmaceutical Society Nl and the Pharmacy Forum Nl. It outlines the remit, delegate powers and responsibilities of the Pharmacy Forum Nl specifically in relation to C W Young Charitable Trust under section Delegated Functions to the PharmL7Cy Forum Management Board, Item I, Delegated functions to the PFMB, I (b) To promote pharmaceutical education and applicotion of pharmaceutical knowledge. Governance Structures and Documents Organisational Chart PHARMACEUTICAL EDUCATION, RESEARCH & TRAINING cOMMIEE POLICY AND PRACTICE COMMIThEE COMMirrEE O The governing document for C W Young Charitable Trust, is the Declaration of Trust. Information and Administration C W Young Charitable Trust NIC.. 102801 73 Universlt¥Street, Belfast BT7 IHL
phormocL4F•rum Society House, 73 University Street, Belfast Northern Ireland BT7 IHL NIC: 101811 Trustees All Trustees are elerted member5 of the Pharmacy Forum Nl Board. Please see below the list of members and their Board positions for the period ended May 312023.. O Eamon O'Donnell, Chair of the Board O Oisin Kavanagh, Vice-chair of the Board O Philip Boyle, Elected Member O Andrew Cheung, Elected Member O Neill Elliott, Elected Member O Anne McAlister, Elected Member O Glynis Mcmurtry, Elected Member O Sheelin McKeagney, Elected Member All Board Members are supported with general governance training provided by an experienced external training partner. Trustees are also provided with in house Trustee Training, at which they are provided the Trust Deeds for each of the charities for which they are Trustees. This rolling prograrnme of training is aligned with the Pharmacy Forum Nl Board Election process and term of board membership, A skills audit is conducted in the year following an election to enhance the training requirements of all Board Members and Trustees alike. Objective and Activities The C W Young Charitable Trust exists as an educational trust to promote and advance, by charitable means only, research and education project5 that will develop pharmacy in Nl by supporting the education and acquisition of knowledge and furtherance of research in Nl C W Young Charitable Trust meets the public benefit requirement in two ways, as listed below: O The advancement of the study and research of pharmacy; and O Improved health and wellbeing of the general public. NIC.. 102801 73 University Stet. Belfast 8T7 IHL
phormocyF•rum Every year the C W Young Charitable Trust meets this purpose by awarding research grants up to a total amount of £7,500 to applicants. The Fund is in honour of Charles William Young, Head of Department of Pharmacy in Belfast College of Technology from 1929-1960. Pharmacy Research During the reporting period there were two 5ucce5sful applications made for funding. Dr Sharon Haughey and Fiona Hughes were the recipients of £2,500. The project was entitled, "Exploring Experiential Learning (ELI in an Updated MPharm Programme., This Study was aimed at exploring the needs of pharmacy supervisors and trainees during experiential learning; and, £5,000 was awarded to Dr Aaron Courtenay, Dr Deborah Lowry and Dr Oisin Kavanagh to fund their project entitled MeDeSin Study Part 3.. Valuing community pharmacy services in Northern Ireland remote provision of care. Following the succe55 of two earlier phases of the study funded by C.W. Young Charitable Trust in 2021 and 2022, thi5 final phase of research aims to explore the provision of wrap around pharmaceutical care in the community following the outcomes of the MeDeSin Nl Study Part 2 {2022). The project develops educational frameworks for practice sharing and explores telehealth and supports services in community pharmacy. Impact of Covid-19 In terms of considering the impact of the Covid-19 pandemic, it would be deemed minimal in terms of delivery of any future activity of the charitable fund. The Fund is awarded each year to applications deemed successful as assessed and judged by a panel of members from the Pharmacy Forum Nls Education, Training and Research Committee. The Covid-19 pandemic has indeed provided the need for valuable pieces of research. Financial Position of C W Young Charitable Trust A review of the charity's financial position at the end of the year was provided in the Pharmaceutical Society Nl's Annual Report 2022-23. The Annual Report was laid before the Northern Ireland Assembly underArticles 4C and 4D of the Pharmacy (Northern Ireland) Order 1976 by the Department of Health in the last quarter of 2023. As of 31 May 2023, C W Young Charitable Trust bank account total was £4,988.76. Closure of Ronnie Mcmullan Trust and Merging with C W Young Charitable Trust In June 2021, after a process of due diligence, Trustees of the Ronnie Mullan Fund decided to close the Ronnie Mcmullan Charitable Trust Fund going forward, due to the fact that NIC.. 102801 73 University Street, Belfast BT7 IHL
phormocyF•rum Governance and regulatory compliance costs were disproportionate to the cost of delivering the charitable objectives of this small charity. Any remaining funds from the charity have since been transferred as a restricted fund into C W Young Charitable Trust (on 16 January 2024), which has similar charitable puryoses; the money has been ringfenced in the bank account as a restricted fund within the C W Young Charitable Trust in memorial to Ronnie Mcmullan, The amount of money in the Ronnie Mcmullan Account on 16" January 2024 was £9,114.83. this was transferred to the newly opened joint CW Young & Ronnie Mcmullan bank account on the th same day. The current Ronnie Mcmullan charity account was officially closed on 16 January 2024. Summary of Financial Position Trustees are satisfied with the accounting total of the C W Young Charitable Trust. Trustees, Signatures of Approval Signed and approved on bchalf of the Board of Trustees for the C W Young Trust Fund Award on 01 March 2024. Sheelin McKeagney Chair of the Board of Trustees, Phannacy Forum Nl Date: 01 March 2024 4YJ Lri- Anne McAlister Vice-chair of the Board of Trustees, Phamiacy Forum NI Date: 01 March 2024 NIC.. 102801 73 University Streel Belf( BT7 1 HL