PUBLIC POLICY FORUM NI LIMITED {PIVOTAL)
FINANCIAL STATEMENTS
FOR THE PERIOD ENDED
31 MARCH 2025
Regtstered Charity No: NIC108659

KAREN
DRENNAN
USiiNtSS
MAiNA.yFMENT
Indepetident examlnerfs report to the charltytrustses of the Publlc Pofi¢y Forum Nl Ltd
Charltable Company
I report on the accounts of the company for the year ended 31 March 2025.
Respertlve responsibllities of charfty trustees and examlner
As the charity trustees (and the directors of the compary for the purposes of company law)
you are responsible for the preparation of the accounts in accordan￿ with the requlrements
of the Companies Act 2006. Having satisfied myself that the charity is not subject to audR
under company law as the charity Is a small company charity, It Is exempt from audit in
accordan￿ with section 477 of the Companies Act 2006, and Is eliglble for independent
examination, it is my responsibilEty to:
e￿amine the accounts under section 65 of the Charities Art
follow the procedures laid down In the general Dlrections given by the Charity
Commission for Northem Ireland under section 65(9}(b) of the Charities Act
state whether matters have come to my attentlon.
in
Basis of Independent examlnerfs report
I have examined your tharity accounts as required under sectlon 65 of the Charities Act and
my examinatlon was carried out in accordan￿ with the general Directions given by the
Charlty Commission for Northern Ireland under sectlon 65(9)(b) of the Charities ACL The
examination included a review of the accounting records kept by the charity and a comparison
of the accounts presentsd wlth those records. It also included conslderation of any unusual
items or dtsclosures in the accounts and seekin8 explanations from you as charfty trustees
concemlng any such matters.
07730 309081
Info
karendrennanbms.com
101 Killlnchy Road,
Combèr. BT23 SNE

My role Is to state whether any material matters have come to my attention giving me cause
to believe:
l. That accounting records were not kept in accordance with sertlon 386 of the
Companies Act 2006
2. That the accounts do not accord wtth those accounting records provided.
3. That the accounts do not comply wlth the accounting requirements of section 396 of
the Companies Act 2006 and with the methods and principles of the Charittes
Ststement of Recommended practi￿ appllcable to tharltles preparing thelr accounts
in accordance with the Financlal Reporting Standard appllcable In the UK and Republic
of Ireland
4. That there is further information needed for a proper understsnding of the accounts
to be reached.
Independent examinerfs statsment
I have completsd my examlnation and have no con￿rnS in respect of the matters (l) to (4)
listed above and, In connection wlth following the Directions of the Charity Commisslon for
Northern Ireland. I have found no matters that requlre drawing to your attention.
The accounts have been prepared using the accrual method.
Thls report is made solely to the charitsble companvs members and work has been
undertaken to that I might state to the charitsble companvs members those matters which are
required to stste to them in thls report and for no other purpose. To the fullest extent
perniitted by law, I do not accept or assume responslbilty to anyone other than the tharitsble
companys members and the charltsble companvs members as a body, for this report, or for
the oplnions I have formed.
Karen Drennan
Karen Drennan Buslness Management Servlces
Chartered Accountant
101 Kllllnchy Road
Q)mber BT23 SNE
Iojune 2025

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PUBLIC POLICY FORtJM NI LIMrrED- PIVOTAL
INCOME AND EXPENDITtIRE ACCOUNT
AS AT 31 MARCH 2025
Total
2025
Totsl
2024
Income
113009
137.307
Gross Ineome
113,809
137.307
140,494
144.669
Total expenditure
Net income
140,494
144.669

PIJBLIC POLICY FORUM NI LIMrfED. PIVOTAL
AS AT 31 MARCH2025
Nots
2025
2024
xed assets
TawTr)le &8sets
Current assets
Other Debtors
Cash at bank and in hand
2Q053
11.802
31.855
7,053
46.664
53,717
Amomnts falling dme wllthfill one year
Net current assets
16
(W4)
(2,151)
4881
51.566
Creditors:
Amounts falling due after more than one year 17
Net assets
51.566
Charity Fand8
Restricted fimds
Unrestricted fimds
19
19
24081
Sl,566
2￿881
These financial statements have been pryared in accordance with the special provisions for
small ¢ornp8nies under Part IS ofthe Companies Act 2006.
These financial statements on the following pages were approved by the Th￿e8 and authorised
for issue on
Trustee
The notes on the following pages forni part ofthese fJnan¢ial statements.
Company Registration Number: NI 656627

PUBLIC POLICY FORUM LI￿llTED. PIVOTAL
STATEMENT OF CASH FLOWS
AS AT 31 MARCH2025
Note
Totsl
2024
2025
Cash flow from operathg activitAes
21
(26,685)
a62)
Net flow from opeThting aetsvAtses
7062
Challges bl:
Trade and other debtOTS
Trade and other creditors
(13,000)
4,823
(38)
Net cash flow from opera￿llg activitie8
Cash flow from fiDanelng actlvttE&¥
Proceeds from bank loan
Repayment of bank loan
Net Cash flow from finanehg acttvilies
Net decrease sn eash and cash equivalents
(34062)
(7,400)
Casb and ￿$b eqnivalents at beginning of year
46,664
54,064
C28h and cash equxvalents at end of year
46,664

PIIBLIC POLICY FORIJM N I LTD
NOTES ON FINANCIAL STATEMENTS
AccoiINfiNG POLICES
GenerAI Informatfion and basis of preparation
The Public Policy Fornm NI Ltd is a charitable company and not having a share Capital and is
registered in Northern Irelan
The fllk8ncial statsments have been prepared und¢r the historical cost convention and in
accothce with applicable United Kingdom a¢counting st8ndar& and the Statement of
Recommended Practice by the Charity Commission for Nortbern Ireland.
Statement of Compliance
The financial ststements have been prepa￿1 in ¢ompliance with the Accounting and Reporting
by Charities." Statement of Recommended Practice applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable n the United Kingdom
and Republi¢ of Ireland (FRS 102), the Charities Act (Northern Ireland) 2008. Charities Act
(Northernlreland) 2013, Charities (Accounts andreports) Regulations (Northern Ireland) 2015.
the Companies Act 2006 and UK Generalty Accepted Practice.
The financial statements are prepared on a concern basis under the historical cost
conventioTh The fJnancia] statements are prepared in sterling which is the functional cumcy
ofthe chaTitable company and rounded to the nearest £1.
Fulld accounting- llnrestrlcted thnds
The Charitable company's IUlTestricted fimds consist of a general fund which is exp¢ndable at
the discretion of the trustees in furtherance of the charitable objects of the organisation. The
trustees May at their discretion d¢signate funds for speoific purposes but the designations does
not lega]ty restrict the trustees, dis¢Tetion to apply the fuDd&
Fund aceollntlng- restricted funds
The charitable company's restricted funds consist of funds where the donor has imposed
restrictions on the use of the funds.
Income recognition
All incoming Tesourw are included in the Ststement of Financial Acttvrhes (SOFA) when the
charitabl¢ company is lega]ty entitledto the inLY)me after any perf0￿ce conditions havebwi
me( the amount can be measured reliabty and it is probable that the inwme will be receiv
For donations to be reoognised the charitable compw will have been Dotified ofthe amounts
8nd the s¢ttlenient dats in writing. If there are conditions attach¢d to the donation and this
requires a level ofperformaneA before entidem¢nt can be obtiinedthen incom¢ is deferr¢d until

those conditions ar¢ fijlly met or the fulfilment of those Conditions is within the control of the
charitable company and it is probabl¢ that they will be fulfilled.
Voluntsry incom¢ received by way of donation$ and is credited to revenue on a ff¢eivable
b&8iS.
For legaei4 entidement is the earlier of the cknity being notified of an impending distribution
or the legacybeing received. At this w>int income is Tecognised On occasion legacies will be
notified to the oharitable company however it is not possible to measure the amount expectsd
to be distributed. On these occasion4 the legacy is treated as wnting¢nt asset and disclos￿.
Income from grants are ￿COgnised at fair value when the clwritsble ¢ompany has entit]ement
after any perfornian￿ conditions have been mel it is probable that the iDcome will be ftceiv
and the amount Con be me&8ured re]iabty.
If entitlement is not mel then these amounts are defetted. Revenue grants are credited to
incoming r&8ources on th¢ earlier dats of when they are received or wben they are receivable.
unless they rejate to a specifia fitture period. Grants which contribute towards specific
expenditure on fixed &%8ets are ¢Tedited to the Statement of Financial Activitie$ in fl￿ upon
receipt.
Aterned Income
Income from certain events has been accru￿ as the concerned event OCCUn￿ before the year
Value Added TAX
The ohaxitable company is not registered for VAT pu￿sed. therefore, expenditure is shown
gross of VAT.
Expenditure Recognmon
All expenditure is accounted for on an accruals basis and has be￿ classified un(br headxngs
that a￿egats costs relatsd to the category. ExpenditUTe is recognis￿ where there is a legal
or constructive obligation to make payments to third partie4 it is probable that the settl¢ment
will be requixe¢ and the amount of the obligation can be me&sured reliabty.
It Is categorised under the following headings:
Costs ofraising funds (y)mprises of direot costs. and
Expenditillp on choritable actAvitses comprises those costs InCu￿¢d by the Charitable
¢omp8ny in the delivery of its activities and services for its beneficiaries and includes
direct costs for G¥ampl4 salary cost4 PA)nsultancy costs, travel and subsistence and an
apportiODment of support costs

Support costs allo￿tion
Support costs are those that &8SiSt the work of the ch8Titable company but do not directty
represent charitsble activities and include office costs, governall¢e costs and administrative
payroll costs.
They are in¢uTr¢d directly in support of expenditure on the objectives of the Charitable
Company. Where support costs cannot be diTrctly attributed to headin8S, they have been
allocated to Cost of raising fimds 8nd expenditiwe on charitable activiti¢s on a basis consistent
with use ofthe resources.
The analysis ofthese costs is included in note 7.
Taxatioll
As a ¢lwitable company, the company benefits from various exemptions afforded by tsx
legislation. It is therefore not liable to cowration tax on income or gains falling due within
those exemptions. Re￿Very is made of tsx deducted from recei&*s under aid.
GoRng Concern
The financial statsment h&8 been prepared on a going Concall basis as the Trustees believ¢ that
no material un￿]ntIeS exisL The Tn￿ have considered the level of funds held and
expected level of income and expendikn is sufficient with the level of reserves for the
charltable company to be able to ¢ofttinu¢ as a going concern.
2. Status
The company is a company limited by guarantee a￿656627).
The company is accepted as a C￿lty by H M Revenue & Customs within the definition of
Section 506(1) of the Ineme and Corporation Taxes Act 1998. Th¢ ¢ompany has been
r¢gistered by the Charity Commissi¢)n for Northern Ireland sill￿ March 2022 (charity nuEnber
NIC108659).

PUBLIC POLICY FORUM IYI LIMfrED. PIVOTAL
NOIES TO IEE FINANCIAL STATEMENTS (Conthiued)
AS AT 31 MARCH2025
3. Income from donatAow and legacies
Unre8trleted Restrieted
Fun(ts
Funds
Totsl
Funds
2025
Total
Funds
2024
Progratnme Sponsorslllp
Fundraising & Donations
Other income
100,000
5AIOO
105000
16,557
96.000
4,000
116 557
100,000
4. Ineome from Other Trading Acdvfities
Unrestrieted Restric￿￿
Funds
Totsl
Funds
2025
Funds
2024
Joseph Rowntre¢ Foundation
20.000
750
8,809
09
S. Income from inve8tments
2025
2024

PiJBUC POLICY FORiIM NI LIMrrED.PIVOTAL
NOTES TO THE FINANCIAL STATEMEM (Condwied)
AS AT31 MARCH2025
An¥￿13 of ¢xpendits
Total
21f25
R¢sear¢h & Publications
70.013
41.776
11.807
3360
1.120
305
305
73J73
42,896
11112
IU12
140
135.403
An#JysB ￿￿pendI￿r0
Total
2024
Rogegxth & Publlcatlons
90.067
30.888
1935
913
285
285
31.801
9933
9933
144
140
Alloeadon of supportco
2025
Finance
708
Alloutfon of ¥upport¢osts
R¥isiD8fjmds Chwitable
Totsl
21124
108
708
21)25
21124
600
542

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