Company registration number 06458570 (England and Wales)
PRIMARY CARE SAFEGUARDING FORUM LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
PAGES FOR FILING WITH REGISTRAR
PRIMARY CARE SAFEGUARDING FORUM LTD
CONTENTS
Page
Statement of financial position
1
Notes to the financial statements
2 - 3
PRIMARY CARE SAFEGUARDING FORUM LTD
STATEMENT OF FINANCIAL POSITION
AS AT
31 DECEMBER 2022
31 December 2022
- 1 -
2022
2021
Notes
£
£
£
£
Current assets
Cash and cash equivalents
44,556
49,162
Current liabilities
4
(1,200)
(2,160)
Net current assets
43,356
47,002
Reserves
Income and expenditure account
43,356
47,002
The directors of the company have elected not to include a copy of the income and expenditure account within the financial statements.true
For the financial year ended 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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 year 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 board of directors and authorised for issue on 23 May 2023 and are signed on its behalf by:
Dr R J Burack
Dr S Sethururaman
Director
Director
Company Registration No. 06458570
PRIMARY CARE SAFEGUARDING FORUM LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
- 2 -
1
Accounting policies
Company information
Primary Care Safeguarding Forum Ltd is a private company limited by guarantee incorporated in England and Wales. The registered office is 20 Western Road, Launceston, Cornwall, United Kingdom, PL15 7BA.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. 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.
1.2
Income and expenditure
Income and expenses are included in the financial statements as they become receivable or due.
Expenses include VAT where applicable as the company cannot reclaim it.
1.3
Taxation
The company is exempt from corporation tax, it being a company not carrying on a business for the purposes of making a profit.
The Company is a non trading, members only organisation and is not subject to corporation tax.
2
Judgements and key sources of estimation uncertainty
In the application of the company’s accounting policies, the directors 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
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2022
2021
Number
Number
Total
PRIMARY CARE SAFEGUARDING FORUM LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
- 3 -
4
Current liabilities
2022
2021
£
£
Other payables
1,200
2,160
5
Members' liability
The Company is limited by guarantee, not having a share capital. The liability of each member is limited to £5, being the amount that each Member undertakes to contribute to the assets of the Company of its being wound up while they are a Member or within one year after they cease to be a Member.