Notes
to the Accounts for the period ended 31 March 2004
I
. Accounting Policies
The following accounting policies have been applied consistently
in dealing with items which are considered material in relation
to the charity’s financial statements.
During the
period subscriptions were received from individual members covering
the subscription year ending 30 September 2004 and corporate members
covering the subscription year ending 31 December 2004. As these
financial statements have been prepared to 31 March 2004 the element
of subscriptions paid in advance at that date amounting to £23575
has been treated as deferred income.
6. Restricted Fund
This is a specific grant from Nutricia for the production of nutritional
guidelines
7. Trustees Transactions
Fifteen Trustees were reimbursed for their expenses, amounting
to £21,165 (2003 : £25,733). During the period of
this report the business office of EPUAP was reorganised and partially
relocated. The business office functions of EPUAP were previously
carried out by an employee of the Oxford NHS Trust; these functions
are now provided by the Oxford International Wound Healing Foundation,
a company of which Dr G Cherry is one of the directors. The Foundation
recharges EPUAP, at no profit to itself, for the cost it incurs
on behalf of EPUAP.
During the period to 31 March 2004 EPUAP was invoiced and paid
to the Foundation the following amounts:
| Reimbursement
of salary to the Oxford Radcliffe NHS Trust for secretarial
and administrative duties of C. Cherry for approximately three
months |
£9000 |
Reimbursement
of travel expenses for
delegates and speakers to the
Annual Meeting. |
£2700 |
Reimbursement
of direct expenses incurred
for the Tampere meeting |
£1000 |
| |
————
£12700
====== |
Accountants’
Report on the Unaudited Accounts to the Members of the European
Pressure Ulcer Advisory Panel Charity
We report on the accounts for the period ended 31 March 2004 set
out earlier in this document.
Respective Responsibilities of Directors and Reporting Accountants
As described on page six the trustees, who are also the directors
of European Pressure Ulcer Advisory Panel Charity for the purposes
of company law, are responsible for the preparation of the accounts,
and they consider that the company is exempt from an audit. It
is our responsibility to carry out procedures designed to enable
us to report our opinion.
Basis of Opinion
Our work was conducted in accordance with the Statement of Standards
for Reporting Accountants, and so our procedures consisted of
comparing the accounts with the accounting records kept by the
company, and making such limited enquiries of the officers of
the company as we considered necessary for the purposes of this
report. These procedures provide only the assurance expressed
in our opinion.
Opinion
In our opinion:
(a) the accounts are in agreement with the accounting records
kept by the company under section 221 of the Companies Act 1985;
(b) having regard only to, and on the basis of, the information
contained in those accounting records:
i) the accounts have been drawn up in a manner consistent with
the accounting requirements specified in section 249C(6) of the
Act; and
ii) the company satisfied the conditions for exemption from an
audit of the accounts for the year specified in section 249A(4)
of the Act and did not, at any time within that period, fall within
any of the categories of companies not entitled to the exemption
specified in section 249B(1).
Critchleys Chartered Accountants
ABINGDON
28 June 2004
