Charity registration number 109094
Company registration number NI685604 (Northern Ireland)
PULMONARY FIBROSIS NI
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 FEBRUARY 2023
PAGES FOR FILING WITH REGISTRAR
PULMONARY FIBROSIS NI
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
T J McMillan
(Appointed 8 February 2022)
J M Byrne
(Appointed 8 February 2022)
M U McMillan
(Appointed 8 February 2022)
P M Gorman
(Appointed 8 February 2022)
I Simpson
(Appointed 20 November 2022)
Dr. N Chaudhuri
(Appointed 16 June 2023)
C J Donohoe
(Appointed 16 June 2023)
Charity number
109094
Company number
NI685604
Registered office
3 Churchfield Road
Ballycastle
Northern Ireland
BT54 6PJ
Independent examiner
MTS Prior McMahon
104-108 Frances Street
Newtownards
Down
BT23 7DY
PULMONARY FIBROSIS NI
CONTENTS
Page
Trustees' report
1 - 4
Independent examiner's report
5
Statement of financial activities
6
Balance sheet
7
Notes to the financial statements
8 - 13
PULMONARY FIBROSIS NI
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)
FOR THE PERIOD ENDED 28 FEBRUARY 2023
- 1 -

The trustees present their annual report and financial statements for the period ended 28 February 2023.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's [governing document], the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019).

Constitution & Purpose

 

Pulmonary Fibrosis NI (PFNI) is a charity governed by a constitution & recognised as a Private Limited Company by guarantee without share capital use of 'Limited' by Companies House, incorporated 8 February 2022; Company No. NI685604, Charity Number 109094.

 

It is managed by the trustees. Trustees are appointed by invitation & agreement of the Trustees at the AGM or an Extraordinary General Meeting. Trustees may hold office for a maximum of 2 years before re-appointment is required unless they resign or are removed from office by a resolution of the other trustees at the AGM or an Extraordinary General Meeting.

 

PFNI primarily seeks to benefit the Northern Ireland community through its activities which aim to provide support and relief for people living with Pulmonary Fibrosis and other Interstitial Lung Diseases in Northern Ireland and to advance education about Pulmonary Fibrosis and other Interstitial Lung Diseases.

Public Benefit

 

The public benefits that flow from this purpose are to:

  1. foster an atmosphere of mutual support and encouragement among people suffering from Pulmonary Fibrosis and other Interstitial Lung Diseases (PF) and their carers, family and friends;

     

  2. raise awareness for the benefit of the public about the effects of Pulmonary Fibrosis and other Interstitial Lung Diseases and methods of management of such disease;

     

  3. raise awareness for the benefit of the public about the effects of Pulmonary Fibrosis and other Interstitial Lung Diseases and methods of management of such disease;

     

  4. promote and raise awareness of the Organ Donor Register for the benefit of the public.

 

The beneficiaries of this purpose are people living in Northern Ireland who have been diagnosed with pulmonary fibrosis and other interstitial lung diseases, their families, friends, colleagues, and the general public at large.

 

The direct benefits flowing from this purpose include improved mental health and reduced levels of stress and anxiety experienced by our beneficiaries & an increase in their knowledge of how to live well with their condition. These benefits are evidenced through feedback from beneficiaries at appropriate intervals. A private benefit flowing from this purpose is the experience and knowledge members receive. However, this is incidental and necessary as it is essential to ensure the benefit is provided to our beneficiaries. A private benefit is also gained by suppliers who receive payments for goods and services provided. The benefit is incidental and necessary to ensure that benefit is provided to our beneficiaries. Any expenses paid to Trustees is reimbursement for expenses necessarily incurred in pursuit of the aims of the charity or of purchases made on behalf of the charity.

 

PULMONARY FIBROSIS NI
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE PERIOD ENDED 28 FEBRUARY 2023
- 2 -

The purposes of our charity may lead to the following risks:

 

  1. Trips and falls when beneficiaries are using:

     

    1. Puffin Lodge (our respite caravan). This facility is unsuitable for people who use wheelchairs or mobility scooters or who are unable to negotiate stairs. Site limitations are highlighted to applicants and mobility is assessed during the application process.

       

    2. Events venues. Venues etc are assessed and chosen to ensure that the majority of our beneficiaries can attend & use safely and comfortably.

       

  2. Some beneficiaries require oxygen (O2) which can be delivered to Puffin Lodge by BOC Ltd. The risks to beneficiaries associated with O2 include:

     

    1. non-delivery by BOC (note: timely ordering of O2 for delivery to & use at Puffin Lodge is the responsibility of the beneficiary & they will contact BOC if this occurs);

       

    2. The equipment required to meet the O2 requirements of the beneficiary would generate noise levels that are acceptable to other site users.

 

Oxygen needs are discussed with the applicant and assessed during the application process. Unfortunately Puffin Lodge, due to its location and construction, cannot facilitate the needs of all our beneficiaries.

 

O2 needs of beneficiaries are considered when organising events to ensure, as far as reasonably practicable, that the majority of beneficiaries can attend.

 

The potential of any such harm or risk arising is outweighed by the benefit provided to the public.

 

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

PULMONARY FIBROSIS NI
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE PERIOD ENDED 28 FEBRUARY 2023
- 3 -
Review of Public Benefit Activities in 2022/23

 

PFNI started the year with the aiming of fundraising to purchase a respite facility for people living with PF. During the year we were able to realise this ambition and we purchased a static caravan at the Causeway Coast Holiday Park, Ballycastle which received its first guests in Autumn 2022 and was officially opened by Robin Swann, MLA and former Health Minister and Pat Gorman, ILD Nurse at Antrim Area Hospital and 2022 Patients’ Choice Nurse of the Year.

 

Further public benefit activities include:

 

  1. Launch of our website www.pulmonaryfibrosisni.co.uk;

     

  2. Extending our social media to include Facebook, WhatsApp and Instagram;

     

  3. Online “Zoom” meetings to increase accessibility to beneficiaries; meetings are held weekly with meeting for those living with PF and those who are carers being held on alternate weeks;

     

  4. Specialist talks on zoom relevant to the needs of our beneficiaries

     

  5. Ambassadors throughout NI who can liaise with & assist beneficiaries in their local area.

 

Education

 

We attended numerous events where we were able to provide information to the public about Pulmonary Fibrosis and PFNI. These ranged from fundraising events to specialist conferences. Our website is extensive and aims to support and supplement the information provided by clinicians about PF.

 

Financial review

Annual Expenditure

 

Financially 2022/23 was a satisfactory year for PFNI. Apart from costs associated with administration of the charity all expenditure was in the furtherance of the aims of the charity. All volunteers are entitled to receive out-of-pocket expenses. Travel expenses are paid for journey on official business at a standard rate accepted by HMRC as giving no personal gain to the recipient.

 

Annual Income

 

All incomes were derived from personal or business donations and fundraising activities by our beneficiaries and supporters.

 

PULMONARY FIBROSIS NI
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE PERIOD ENDED 28 FEBRUARY 2023
- 4 -
Plans for future periods

 

The Trustees of PFNI plan to:

 

  1. Develop a comprehensive information pack that clinicians can give to their patients on diagnosis or can be requested from PFNI directly. This will be developed in collaboration with specialist PF clinicians.

     

  2. Encourage the use of Puffin Lodge by those living with PF to enjoy some rest and relaxation.

     

  3. Increase the number of Ambassadors across NI.

     

  4. Build strong relationships with medical professionals in all NI Health Boards.

     

  5. Increase awareness of PF & PFNI by increasing the range & number of events attended.

     

  6. Assess the requirements & wishes of beneficiaries and use this information to plan future activities.

     

  7. Explore the possibility of a further respite facility in NI.

     

  8. Provide events and activities to benefit the knowledge, mental health and wellbeing of our beneficiaries.

Structure, governance and management

The trustees, who are also the directors for the purpose of company law, and who served during the period and up to the date of signature of the financial statements were:

T J McMillan
(Appointed 8 February 2022)
J M Byrne
(Appointed 8 February 2022)
M U McMillan
(Appointed 8 February 2022)
P M Gorman
(Appointed 8 February 2022)
I Simpson
(Appointed 20 November 2022)
Dr. N Chaudhuri
(Appointed 16 June 2023)
C J Donohoe
(Appointed 16 June 2023)

 

 

The trustees' report was approved by the Board of Trustees.

J M Byrne
Trustee
7 November 2023
PULMONARY FIBROSIS NI
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF PULMONARY FIBROSIS NI
- 5 -

I report to the trustees on my examination of the financial statements of Pulmonary Fibrosis NI (the charity) for the period ended 28 February 2023.

Responsibilities and basis of report

As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).

Having satisfied myself that the charity is not subject to audit under company law, and is eligible for independent examination, it is my responsibility to:

 

Independent examiner's statement

I have examined your charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act. The examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as charity trustees concerning any such matters. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1

accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or

2

the financial statements do not accord with those records; or

3

the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

4

the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Paula Armstrong
For and on behalf of MTS Prior McMahon

Chartered Accountants

104-108 Frances Street
Newtownards
Down
BT23 7DY
Dated: 7 November 2023
PULMONARY FIBROSIS NI
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE PERIOD ENDED 28 FEBRUARY 2023
- 6 -
Unrestricted
funds
2023
Notes
£
Income from:
Donations and legacies
3
46,403

Fundraising activities

4
49,520
Total income
95,923
Expenditure on:
Raising funds
5
235
Charitable activities
6
20,827
Total expenditure
21,062
Net income for the period/
Net movement in funds
74,861
Fund balances at 8 February 2022
26,762
Fund balances at 28 February 2023
101,623

The statement of financial activities includes all gains and losses recognised in the period.

All income and expenditure derive from continuing activities.

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
PULMONARY FIBROSIS NI
BALANCE SHEET
AS AT 28 FEBRUARY 2023
28 February 2023
- 7 -
2023
Notes
£
£
Fixed assets
Tangible assets
11
62,630
Current assets
Cash at bank and in hand
41,338
Creditors: amounts falling due within one year
12
(2,345)
Net current assets
38,993
Total assets less current liabilities
101,623
Income funds
Unrestricted funds
101,623
101,623

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the period ended 28 February 2023.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Trustees on 7 November 2023
J M Byrne
Trustee
Company registration number NI685604
PULMONARY FIBROSIS NI
NOTES TO THE  FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 FEBRUARY 2023
- 8 -
1
Accounting policies
Charity information

Pulmonary Fibrosis NI is a private company limited by guarantee incorporated in Northern Ireland. The registered office is 3 Churchfield Road, Ballycastle, BT54 6PJ, Northern Ireland.

1.1
Reporting period

This is the first period of account.

1.2
Accounting convention

The financial statements have been prepared in accordance with the charity's [governing document], the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.

 

The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.3
Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.4
Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
1.5
Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
PULMONARY FIBROSIS NI
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 28 FEBRUARY 2023
1
Accounting policies
(Continued)
- 9 -
1.6
Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

 

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

1.7
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Puffin Lodge
10% Reducing balance
Fixtures and fittings
20% Reducing balance
Computers
25% Straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.8
Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.9
Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

PULMONARY FIBROSIS NI
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 28 FEBRUARY 2023
1
Accounting policies
(Continued)
- 10 -
Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

 

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

 

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

1.10
Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

 

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2
Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Donations and legacies
Unrestricted
funds
2023
£
Donations and gifts
46,403
PULMONARY FIBROSIS NI
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 28 FEBRUARY 2023
- 11 -
4

Fundraising activities

Unrestricted
funds
2023
£
Fundraising events
49,520
5
Raising funds
Unrestricted
funds
2023
£
Fundraising and publicity
Support costs
235
235
6
Charitable activities
Charitable Expenditure Heading 1
2023
£
Depreciation and impairment
3,711

Insurance    

529

Puffin lodge costs

5,274

Office expenses

654

General expenses

2,569

Postage    

184

Computer & website costs    

2,742

Telephone

177

Printing    

2,687
18,527
Share of governance costs (see note 7)
2,300
20,827
PULMONARY FIBROSIS NI
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 28 FEBRUARY 2023
- 12 -
7
Support costs
Support costs
Governance costs
2023
£
£
£

Travel & Promotions

235
-
235

Governance costs

-
2,300
2,300
235
2,300
2,535
Analysed between
Fundraising
235
-
235
Charitable activities
-
2,300
2,300
235
2,300
2,535

 

8
Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the period.
9
Employees

The average monthly number of employees during the period was:

2023
Number
Total
-
0
There were no employees whose annual remuneration was more than £60,000.
10
Taxation

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxationof Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.

PULMONARY FIBROSIS NI
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 28 FEBRUARY 2023
- 13 -
11
Tangible fixed assets
Puffin Lodge
Fixtures and fittings
Computers
Total
£
£
£
£
Cost
Additions
61,199
3,873
1,269
66,341
At 28 February 2023
61,199
3,873
1,269
66,341
Depreciation and impairment
Depreciation charged in the period
3,060
387
264
3,711
At 28 February 2023
3,060
387
264
3,711
Carrying amount
At 28 February 2023
58,139
3,486
1,005
62,630

 

12
Creditors: amounts falling due within one year
2023
£
Other creditors
45
Accruals and deferred income
2,300
2,345
13
Related party transactions

There were no disclosable related party transactions during the period ( - none).

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