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REGISTERED NUMBER: 03653609 (England and Wales)









AUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

EUROPEAN MEDICAL WRITERS ASSOCIATION
(A COMPANY LIMITED BY GUARANTEE)

EUROPEAN MEDICAL WRITERS ASSOCIATION
(A COMPANY LIMITED BY GUARANTEE) (REGISTERED NUMBER: 03653609)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


EUROPEAN MEDICAL WRITERS ASSOCIATION
(A COMPANY LIMITED BY GUARANTEE)

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: S Baronikova
S Basu
R Billiones
J Dixon
D Kovacevic
L C Collada Ali
D S M Ribiero
A M Balkin
M D Delahunty





SECRETARY: S Basu





REGISTERED OFFICE: St James House
Vicar Lane
Sheffield
S1 2EX





REGISTERED NUMBER: 03653609 (England and Wales)





AUDITORS: Hartley Fowler LLP
Statutory Auditors
Chartered Accountants
4th Floor Tuition House
27/37 St George's Road
Wimbledon
London
SW19 4EU

EUROPEAN MEDICAL WRITERS ASSOCIATION
(A COMPANY LIMITED BY GUARANTEE) (REGISTERED NUMBER: 03653609)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes €    €   
CURRENT ASSETS
Debtors 5 96,320 81,030
Cash at bank 965,146 1,028,192
1,061,466 1,109,222
CREDITORS
Amounts falling due within one year 6 169,986 161,840
NET CURRENT ASSETS 891,480 947,382
TOTAL ASSETS LESS CURRENT
LIABILITIES

891,480

947,382

RESERVES
Income and expenditure account 891,480 947,382
891,480 947,382

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 September 2024 and were signed on its behalf by:





J Dixon - Director


EUROPEAN MEDICAL WRITERS ASSOCIATION
(A COMPANY LIMITED BY GUARANTEE) (REGISTERED NUMBER: 03653609)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

European Medical Writers Association (A Company Limited by Guarantee) is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. STATEMENT OF COMPLIANCE

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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

The presentation currency of the financial statements is the Euro (€), which is also the functional currency of the company. Monetary amounts in the financial statements are rounded to the nearest Euro (€).

Turnover
Turnover is measured at the fair value of the consideration received or receivable excluding discounts, rebates, Value added tax and other sales taxes. Income is recognised once the Association is entitled to the funds, it is probable that the funds will be received and the amount receivable can be measured reliably.

Income from conferences, which are held twice each year, is recognised in the year in which the conference occurs.

Membership fees are apportioned to allocate the income to the period to which they relate.

Advertising income is recognised in the period in which the advert is placed.

Financial instruments
Cash at bank is measured at transaction price.

Debtors and creditors with no stated interest rate and receivables or payables within one year are recorded at transaction price. Any losses arising from impairment are recognised in the income statement in administrative expenses.

Taxation
The company is regarded as a mutual trading association and is only liable to tax on income received other than from its members net of related expenses.

The taxation charge for the year can comprise both current and deferred tax. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. There were no such timing differences affecting the tax charge for the current or previous year.

Foreign currencies
Assets and liabilities designated in currencies other than the presentational currency (the Euro) are recorded at the rates of exchange ruling at the balance sheet date. Transactions in other currencies are translated into Euros at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

EUROPEAN MEDICAL WRITERS ASSOCIATION
(A COMPANY LIMITED BY GUARANTEE) (REGISTERED NUMBER: 03653609)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
€    €   
Trade debtors 9,978 9,640
Other debtors 86,342 71,390
96,320 81,030

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
€    €   
Trade creditors 39,997 40,701
Other creditors 129,989 121,139
169,986 161,840

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Jonathan Askew (Senior Statutory Auditor)
for and on behalf of Hartley Fowler LLP