Silverfin false false 31/12/2024 01/01/2024 31/12/2024 S Bishop 22/03/2016 A Perkins 12/09/2022 R Perkins 22/03/2016 W Summa 22/02/2023 19 March 2025 The principal activity of the Company during the financial year was that of professional membership organisations. 10076719 2024-12-31 10076719 bus:Director1 2024-12-31 10076719 bus:Director2 2024-12-31 10076719 bus:Director3 2024-12-31 10076719 bus:Director4 2024-12-31 10076719 2023-12-31 10076719 core:CurrentFinancialInstruments 2024-12-31 10076719 core:CurrentFinancialInstruments 2023-12-31 10076719 core:ShareCapital 2024-12-31 10076719 core:ShareCapital 2023-12-31 10076719 core:RetainedEarningsAccumulatedLosses 2024-12-31 10076719 core:RetainedEarningsAccumulatedLosses 2023-12-31 10076719 core:ComputerSoftware 2023-12-31 10076719 core:ComputerSoftware 2024-12-31 10076719 2024-01-01 2024-12-31 10076719 bus:FilletedAccounts 2024-01-01 2024-12-31 10076719 bus:SmallEntities 2024-01-01 2024-12-31 10076719 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 10076719 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 10076719 bus:Director1 2024-01-01 2024-12-31 10076719 bus:Director2 2024-01-01 2024-12-31 10076719 bus:Director3 2024-01-01 2024-12-31 10076719 bus:Director4 2024-01-01 2024-12-31 10076719 core:ComputerSoftware core:TopRangeValue 2024-01-01 2024-12-31 10076719 2023-01-01 2023-12-31 10076719 core:ComputerSoftware 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure

Company No: 10076719 (England and Wales)

ECLINICAL FORUM LIMITED

Unaudited Financial Statements
For the financial year ended 31 December 2024
Pages for filing with the registrar

ECLINICAL FORUM LIMITED

Unaudited Financial Statements

For the financial year ended 31 December 2024

Contents

ECLINICAL FORUM LIMITED

STATEMENT OF FINANCIAL POSITION

As at 31 December 2024
ECLINICAL FORUM LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

As at 31 December 2024
Note 2024 2023
£ £
Fixed assets
Intangible assets 3 8,600 9,675
8,600 9,675
Current assets
Debtors 4 339,520 378,752
Cash at bank and in hand 145,194 123,410
484,714 502,162
Creditors: amounts falling due within one year 5 ( 339,255) ( 383,200)
Net current assets 145,459 118,962
Total assets less current liabilities 154,059 128,637
Net assets 154,059 128,637
Capital and reserves
Called-up share capital 0 0
Profit and loss account 154,059 128,637
Total shareholders' funds 154,059 128,637

For the financial year ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of eClinical Forum Limited (registered number: 10076719) were approved and authorised for issue by the Board of Directors on 19 March 2025. They were signed on its behalf by:

A Perkins
Director
ECLINICAL FORUM LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2024
ECLINICAL FORUM LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

eClinical Forum Limited (the Company) is a private company, limited by guarantee, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is C/O Bishop Fleming LLP, 10 Temple Back, Bristol, BS1 6FL, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

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

Going concern

The directors have assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Statement of Financial Position date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Statement of Income and Retained Earnings in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal
course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade
discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Computer software 10 years straight line
Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Statement of Financial Position date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and 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 creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Statement of Financial Position date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 4 4

3. Intangible assets

Computer software Total
£ £
Cost
At 01 January 2024 10,750 10,750
At 31 December 2024 10,750 10,750
Accumulated amortisation
At 01 January 2024 1,075 1,075
Charge for the financial year 1,075 1,075
At 31 December 2024 2,150 2,150
Net book value
At 31 December 2024 8,600 8,600
At 31 December 2023 9,675 9,675

4. Debtors

2024 2023
£ £
Trade debtors 335,617 375,015
VAT recoverable 3,903 3,737
339,520 378,752

5. Creditors: amounts falling due within one year

2024 2023
£ £
Amounts owed to Group undertakings 0 786
Accruals and deferred income 339,003 382,047
Taxation and social security 252 367
339,255 383,200

6. Related party transactions

Transactions with owners holding a participating interest in the entity

2024 2023
£ £
Amounts owed to an associated company 0 786

The loan is interest free and there is no fixed date for repayment.

7. Company Status

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.