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REGISTERED NUMBER: 06076464 (England and Wales)










INTERFACE CLINICAL SERVICES LTD

STRATEGIC REPORT, REPORT OF THE DIRECTORS AND

AUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2022






INTERFACE CLINICAL SERVICES LTD (REGISTERED NUMBER: 06076464)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2022










Page

Company Information 1

Strategic Report 2

Report of the Directors 3

Report of the Independent Auditors 4 to 7

Income Statement 8

Other Comprehensive Income 9

Balance Sheet 10

Statement of Changes in Equity 11

Cash Flow Statement 12

Notes to the Cash Flow Statement 13

Notes to the Financial Statements 14 to 18


INTERFACE CLINICAL SERVICES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2022







DIRECTORS: I Mecci
T P Sheppard
L R Fox



SECRETARY: Halco Secretaries Limited



REGISTERED OFFICE: 3 Forbury Place
23 Forbury Road
Reading
RG1 3JH



REGISTERED NUMBER: 06076464 (England and Wales)



AUDITORS: Thomas Coombs Limited
Statutory Auditor
Chartered Accountants
3365 The Pentagon
Century Way
Thorpe Park
Leeds
West Yorkshire
LS15 8ZB



BANKERS: HSBC Bank Plc
33 Park Row
Leeds
West Yorkshire
LS1 1LD

INTERFACE CLINICAL SERVICES LTD (REGISTERED NUMBER: 06076464)

STRATEGIC REPORT
FOR THE YEAR ENDED 31ST DECEMBER 2022


The directors present their strategic report for the year ended 31st December 2022.

REVIEW OF BUSINESS
The results for the company show a pre tax profit of £2,396,056 (2021: £2,310,915) for the year and sales of £16,021,182 (2021: £11,533,329).

The directors are pleased with how the company has bounced back following the pandemic and has increased both sales and profits to record levels.

PRINCIPAL RISKS AND UNCERTAINTIES
Financial risk management objectives and policies

The company's principal financial instruments comprise cash, trade debtors and trade creditors which arise directly from its operations. The main risks arising from the company's financial instruments are credit risk.

Credit risk

The company trades with recognised credit worthy third parties. Trade debtors balances are monitored on an ongoing basis with the result that the company's exposure to bad debts is not considered to be significant.

KEY PERFORMANCE INDICATORS
The directors consider the key performance indicators to be sales, gross profit, EBITDA and cash along with quality-of-service measurements.

FUTURE OUTLOOK
The company starts the next financial year with a strong financial base, net assets of £6,512,219.

2022 has seen a strong and continuing demand for our services as the world continues to emerge from the COVID-19 pandemic. The need for our services to support ongoing patient care and improve health outcomes is more keenly sought than ever and is crucial in supporting the NHS as it tackles the backlog in care to UK citizens.

With the continued support from our parent company IQVIA ltd, we view the future with optimism as we develop new, innovate and cost-effective ways of supporting and improving patient care and outcomes in the future.

ON BEHALF OF THE BOARD:





I Mecci - Director


6th November 2023

INTERFACE CLINICAL SERVICES LTD (REGISTERED NUMBER: 06076464)

REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 31ST DECEMBER 2022


The directors present their report with the financial statements of the company for the year ended 31st December 2022.

DIVIDENDS
No dividends will be distributed for the year ended 31st December 2022.

DIRECTORS
The directors during the year under review were:

I Mecci
T P Sheppard
L R Fox

The directors holding office at 31st December 2022 did not hold any beneficial interest in the issued share capital of the company at 1st January 2022 or 31st December 2022.

THIRD PARTY INDEMNITY PROVISION FOR DIRECTORS
Qualifying third party indemnity provision was in place for the benefit of all directors of the company.

STATEMENT OF DIRECTORS' RESPONSIBILITIES
The directors are responsible for preparing the Strategic Report, the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

-select suitable accounting policies and then apply them consistently;
-make judgements and accounting estimates that are reasonable and prudent;
-prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITOR
So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and each director has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

AUDITORS
Thomas Coombs Limited are deemed to be re-appointed under section 487 (2) of the Companies Act 2006.

ON BEHALF OF THE BOARD:





I Mecci - Director


6th November 2023

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
INTERFACE CLINICAL SERVICES LTD


Opinion
We have audited the financial statements of Interface Clinical Services Ltd (the 'company') for the year ended 31st December 2022 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity, Cash Flow Statement and Notes to the Cash Flow Statement, Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:
-give a true and fair view of the state of the company's affairs as at 31st December 2022 and of its profit for the year then ended;
-have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
-have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information
The directors are responsible for the other information. The other information comprises the information in the Strategic Report and the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
- the information given in the Strategic Report and the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and
- the Strategic Report and the Report of the Directors have been prepared in accordance with applicable legal requirements.

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
INTERFACE CLINICAL SERVICES LTD


Matters on which we are required to report by exception
In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Report of the Directors.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:
- adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
- the financial statements are not in agreement with the accounting records and returns; or
- certain disclosures of directors' remuneration specified by law are not made; or
- we have not received all the information and explanations we require for our audit.

Responsibilities of directors
As explained more fully in the Statement of Directors' Responsibilities set out on page three, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
INTERFACE CLINICAL SERVICES LTD


Auditors' responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Based on our understanding of the entity and industries in which it operates, we identified the principal risks of non-compliance with laws and regulations related to The Association of British Pharmaceutical Industry and data protection. We also considered those laws and regulations that have a direct impact on the preparation of the financial statements such as the Companies Act 2006, tax legislation and the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

We assessed the susceptibility of the company's financial statements to material misstatement and how fraud might occur, including through discussions with the directors, discussions within our audit team planning meeting, updating our record of internal controls, and ensuring these controls operated as intended. We determined the principal risks were related to posting journal entries to manipulate profits, and management bias in accounting estimates, especially deferred income.

To address the risk of fraud through management bias and override of controls, we:
- Performed analytical procedures to identify any unusual or unexpected relationships.
- Identified and tested journal entries and identified any significant transactions that were unusual or outside the normal course of business.
- Investigated the rationale behind significant or unusual transactions.
- Challenged assumptions and judgements made by management in determining significant accounting estimates, in particular in relation to deferred income.

In response to the risk of irregularities and non-compliance with laws and regulations, we designed audit procedures which included, but were not limited to:
- Agreeing financial statements disclosures to underlying supporting documentation.
- Discussions with management of known or suspected instances of non-compliance with laws and regulations, especially GDPR and The Association of British Pharmaceutical Industry regulations.
- Reading the minutes of meetings of those charged with governance.
- Reviewing correspondence with HMRC and relevant regulators.

At the completion stage of the audit, the engagement partner's review included ensuring that the team had approached their work with appropriate professional scepticism and thus the capacity to identify non-compliance with laws and regulations and fraud.

There are inherent limitations in the audit procedures described above and the further removed non-compliance of laws and regulations is from the events and transactions reflected in the financial statements, the less likely we would become aware of it. Also, the risk of not detecting a material misstatement relating to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
INTERFACE CLINICAL SERVICES LTD


Use of our report
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.




Christopher Darwin FCA (Senior Statutory Auditor)
for and on behalf of Thomas Coombs Limited
Statutory Auditor
Chartered Accountants
3365 The Pentagon
Century Way
Thorpe Park
Leeds
West Yorkshire
LS15 8ZB

6th November 2023

INTERFACE CLINICAL SERVICES LTD (REGISTERED NUMBER: 06076464)

INCOME STATEMENT
FOR THE YEAR ENDED 31ST DECEMBER 2022

2022 2021
Notes £    £   

TURNOVER 16,021,182 11,533,329

Cost of sales 8,767,678 5,624,228
GROSS PROFIT 7,253,504 5,909,101

Administrative expenses 4,902,868 3,598,404
OPERATING PROFIT 4 2,350,636 2,310,697

Interest receivable and similar income 45,420 218
PROFIT BEFORE TAXATION 2,396,056 2,310,915

Tax on profit 5 454,404 449,100
PROFIT FOR THE FINANCIAL YEAR 1,941,652 1,861,815

INTERFACE CLINICAL SERVICES LTD (REGISTERED NUMBER: 06076464)

OTHER COMPREHENSIVE INCOME
FOR THE YEAR ENDED 31ST DECEMBER 2022

2022 2021
Notes £    £   

PROFIT FOR THE YEAR 1,941,652 1,861,815


OTHER COMPREHENSIVE INCOME - -
TOTAL COMPREHENSIVE INCOME FOR THE YEAR 1,941,652 1,861,815

INTERFACE CLINICAL SERVICES LTD (REGISTERED NUMBER: 06076464)

BALANCE SHEET
31ST DECEMBER 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 6 122,838 101,620

CURRENT ASSETS
Debtors 7 5,302,612 3,822,155
Cash at bank and in hand 5,372,229 8,246,755
10,674,841 12,068,910
CREDITORS
Amounts falling due within one year 8 4,264,935 7,587,562
NET CURRENT ASSETS 6,409,906 4,481,348
TOTAL ASSETS LESS CURRENT LIABILITIES 6,532,744 4,582,968

PROVISIONS FOR LIABILITIES 10 20,525 12,401
NET ASSETS 6,512,219 4,570,567

CAPITAL AND RESERVES
Called up share capital 11 1,045 1,045
Share premium 30,915 30,915
Retained earnings 6,480,259 4,538,607
SHAREHOLDERS' FUNDS 6,512,219 4,570,567

The financial statements were approved by the Board of Directors and authorised for issue on 6th November 2023 and were signed on its behalf by:





I Mecci - Director


INTERFACE CLINICAL SERVICES LTD (REGISTERED NUMBER: 06076464)

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31ST DECEMBER 2022

Called up
share Retained Share Total
capital earnings premium equity
£    £    £    £   

Balance at 1st January 2021 1,045 2,676,792 30,915 2,708,752

Changes in equity
Total comprehensive income - 1,861,815 - 1,861,815
Balance at 31st December 2021 1,045 4,538,607 30,915 4,570,567

Changes in equity
Total comprehensive income - 1,941,652 - 1,941,652
Balance at 31st December 2022 1,045 6,480,259 30,915 6,512,219

INTERFACE CLINICAL SERVICES LTD (REGISTERED NUMBER: 06076464)

CASH FLOW STATEMENT
FOR THE YEAR ENDED 31ST DECEMBER 2022

2022 2021
Notes £    £   
Cash flows from operating activities
Cash generated from operations 1 (2,840,430 ) 6,861,261
Tax paid 13,830 (756,380 )
Net cash from operating activities (2,826,600 ) 6,104,881

Cash flows from investing activities
Purchase of tangible fixed assets (93,346 ) (51,733 )
Interest received 45,420 218
Net cash from investing activities (47,926 ) (51,515 )

(Decrease)/increase in cash and cash equivalents (2,874,526 ) 6,053,366
Cash and cash equivalents at beginning of year 2 8,246,755 2,193,389

Cash and cash equivalents at end of year 2 5,372,229 8,246,755

INTERFACE CLINICAL SERVICES LTD (REGISTERED NUMBER: 06076464)

NOTES TO THE CASH FLOW STATEMENT
FOR THE YEAR ENDED 31ST DECEMBER 2022


1. RECONCILIATION OF PROFIT BEFORE TAXATION TO CASH GENERATED FROM OPERATIONS
2022 2021
£    £   
Profit before taxation 2,396,056 2,310,915
Depreciation charges 72,128 71,220
Finance income (45,420 ) (218 )
2,422,764 2,381,917
Increase in trade and other debtors (1,564,988 ) (1,646,406 )
(Decrease)/increase in trade and other creditors (3,698,206 ) 6,125,750
Cash generated from operations (2,840,430 ) 6,861,261

2. CASH AND CASH EQUIVALENTS

The amounts disclosed on the Cash Flow Statement in respect of cash and cash equivalents are in respect of these Balance Sheet amounts:

Year ended 31st December 2022
31/12/22 1/1/22
£    £   
Cash and cash equivalents 5,372,229 8,246,755
Year ended 31st December 2021
31/12/21 1/1/21
£    £   
Cash and cash equivalents 8,246,755 2,193,389


3. ANALYSIS OF CHANGES IN NET FUNDS

At 1/1/22 Cash flow At 31/12/22
£    £    £   
Net cash
Cash at bank and in hand 8,246,755 (2,874,526 ) 5,372,229
8,246,755 (2,874,526 ) 5,372,229
Total 8,246,755 (2,874,526 ) 5,372,229

INTERFACE CLINICAL SERVICES LTD (REGISTERED NUMBER: 06076464)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2022


1. STATUTORY INFORMATION

Interface Clinical Services Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are prepared on a going concern basis. In making this assessment the directors have reviewed all available information and concluded the activities of the company will will be in operational existence for at least 12 months from the date of approval of the financial statements.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

Turnover
Turnover is measured at the fair value of the consideration received or receivable excluding value added tax. Turnover is recognised at the point entitlement to revenue arises. This is either as services are delivered to customers or on completion of performance obligations.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation. Costs includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:
Tenant improvements20% on cost
Office equipment33% on cost
Fixtures and fittings20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

INTERFACE CLINICAL SERVICES LTD (REGISTERED NUMBER: 06076464)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2022


2. ACCOUNTING POLICIES - continued

Debtors and creditors receivable/ payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Provisions
Provisions are recognised when the company has an obligation at the balance sheet date as a result of a past event, it is probable that an outflow of economic benefits will be required in settlement and the amount can be reliably estimated.

Leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS
2022 2021
£    £   
Wages and salaries 10,252,666 7,000,068
Social security costs 1,218,992 786,725
Other pension costs 601,810 423,420
12,073,468 8,210,213

The average number of employees during the year was as follows:
2022 2021

Company employees 91 118
Employees recharged by parent 85 19
176 137

In the year there were an average of 91 employees who held contracts of employment with Interface Clinical Services Limited and an average of 85 employees whose contracts of employment are with the parent company, IQVIA UK, the staff costs of these employees are recharged to Interface Clinical Services LImited.

2022 2021
£    £   
Directors' remuneration - -

4. OPERATING PROFIT

The operating profit is stated after charging:

2022 2021
£    £   
Depreciation - owned assets 72,128 71,220

INTERFACE CLINICAL SERVICES LTD (REGISTERED NUMBER: 06076464)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2022


5. TAXATION

Analysis of the tax charge
The tax charge on the profit for the year was as follows:
2022 2021
£    £   
Current tax:
UK corporation tax 446,280 429,298
Under/over provision in previous year - 17,130
Total current tax 446,280 446,428

Deferred tax 8,124 2,672
Tax on profit 454,404 449,100

Reconciliation of total tax charge included in profit and loss
The tax assessed for the year is lower than the standard rate of corporation tax in the UK. The difference is explained below:

2022 2021
£    £   
Profit before tax 2,396,056 2,310,915
Profit multiplied by the standard rate of corporation tax in the UK of 19% (2021 -
19%)

455,251

439,074

Effects of:
Expenses not deductible for tax purposes - 589
Capital allowances in excess of depreciation (2,797 ) (139 )
Research and development expenditure credit - 2,470
Research and development tax credit deduction - (13,000 )
Change in tax rate 1,950 2,976
Prior yea tax overprovision - 17,130
Total tax charge 454,404 449,100

INTERFACE CLINICAL SERVICES LTD (REGISTERED NUMBER: 06076464)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2022


6. TANGIBLE FIXED ASSETS
Fixtures
Tenant Office and
improvements equipment fittings Totals
£    £    £    £   
COST
At 1st January 2022 111,533 477,779 79,103 668,415
Additions 8,260 59,429 25,657 93,346
At 31st December 2022 119,793 537,208 104,760 761,761
DEPRECIATION
At 1st January 2022 102,229 389,697 74,869 566,795
Charge for year 11,007 54,203 6,918 72,128
At 31st December 2022 113,236 443,900 81,787 638,923
NET BOOK VALUE
At 31st December 2022 6,557 93,308 22,973 122,838
At 31st December 2021 9,304 88,082 4,234 101,620

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 4,320,150 3,679,096
Other debtors 8,263 8,263
Corporation tax receivable - 84,531
Prepayments and accrued income 974,199 50,265
5,302,612 3,822,155

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade creditors 44,298 57,274
Amounts owed to group undertakings 1,179,872 4,363,917
Amounts owed to related undertakings - 340
Corporation Tax 375,579 -
VAT 845,069 848,439
Accruals and deferred income 1,820,117 2,317,592
4,264,935 7,587,562

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2022 2021
£    £   
Within one year 82,800 83,540
Between one and five years 256,450 339,250
339,250 422,790

INTERFACE CLINICAL SERVICES LTD (REGISTERED NUMBER: 06076464)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2022


10. PROVISIONS FOR LIABILITIES
2022 2021
£    £   
Deferred tax 20,525 12,401

Deferred
tax
£   
Balance at 1st January 2022 12,401
Movement in year 8,124
Balance at 31st December 2022 20,525

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2022 2021
value: £    £   
1,045 Ordinary £1 1,045 1,045

12. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Directors' remuneration for the year was £nil (2021: £nil).

13. ULTIMATE CONTROLLING PARTY

The Company's immediate parent undertaking is IQVIA Limited (Registered office 3 Forbury Road, Reading, United Kingdom, RG1 3JH).

The ultimate parent undertaking and controlling party is IQVIA Holdings Inc., a company incorporated in the United States of America.

IQVIA Holdings Inc. is the parent undertaking of the smallest and largest group of undertakings to consolidate these financial statements at 31st December 2022. The consolidated financial statements of IQVIA Holdings Inc. may be obtained from the company's website www.iqvia.com