THE ALLIANCE FOR SAFE ONLINE PHARMACY IN THE EU COMMUNITY INTEREST COMPANY

THE ALLIANCE FOR SAFE ONLINE PHARMACY IN THE EU COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
08876755 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2022

Period of accounts

Start date: 1 January 2022

End date: 31 December 2022

THE ALLIANCE FOR SAFE ONLINE PHARMACY IN THE EU COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 December 2022

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

THE ALLIANCE FOR SAFE ONLINE PHARMACY IN THE EU COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 December 2022

Notes 2022 2021


£

£
Current assets
Cash at bank and in hand: 4,740 13,788
Total current assets: 4,740 13,788
Creditors: amounts falling due within one year: 3 ( 5,000 ) ( 13,788 )
Net current assets (liabilities): (260) 0
Total assets less current liabilities: (260) 0
Total net assets (liabilities): (260) 0
Members' funds
Profit and loss account: (260) 0
Total members' funds: ( 260) 0

The notes form part of these financial statements

THE ALLIANCE FOR SAFE ONLINE PHARMACY IN THE EU COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 31 December 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 22 September 2023
and signed on behalf of the board by:

Name: Michael Isles
Status: Director

The notes form part of these financial statements

THE ALLIANCE FOR SAFE ONLINE PHARMACY IN THE EU COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

THE ALLIANCE FOR SAFE ONLINE PHARMACY IN THE EU COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 2. Employees

    2022 2021
    Average number of employees during the period 3 2

THE ALLIANCE FOR SAFE ONLINE PHARMACY IN THE EU COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Creditors: amounts falling due within one year note

2022 2021
£ £
Other creditors 5,000 13,788
Total 5,000 13,788

COMMUNITY INTEREST ANNUAL REPORT

THE ALLIANCE FOR SAFE ONLINE PHARMACY IN THE EU COMMUNITY INTEREST COMPANY

Company Number: 08876755 (England and Wales)

Year Ending: 31 December 2022

Company activities and impact

Ongoing Achievements and WorkstreamsASOP EU champions Article 85d of the FMD which legally obliges Member States and DG Sante to publicize the meaning of the Common Logo and a falsified medicine. ASOP EU has worked closely with the NABP to further the subscriptions of online pharmacies to adopt the Top level Domain name DotPharmacy. If the consumer knows of this website then they can be assured of legitimate and authentic medicines. These activities were continued during 2022. In particular closer liaison activity took place with the NABP attempting to introduce DotPharmacy gTLD into the UK.A new member the European association of E-Pharmacies has resulted in the DotPharmacy principle being of more interest in Europe and the vision is to introduce this concept using the translated term such as DotPharmacie for France, Dot Apoteke for Germany etc.The Digital Services Act (DSA) which will replace the E-Commerce Act is truly a significant event and ASOP EU are advocating strongly for more liability to be placed on the Internet Intermediaries. Close affiliation with ASOP Global and contributing to the Global initiatives which include a parallel pathway with communications to the VP at the White House and advocacy in the US Congress and close liaison with Homeland Security and the FDA. In Europe ASOP EU became a strong member of the Know Your Business Customer and was one of 86 organisations to be part of this community advocating for a broadened scope of the DSA to include all intermediaries not just online marketplaces. ASU wrote letters to the Commission, the Council and the Parliament as well as the President advocation for the KYBC principles. During 2022 the above advocacy has continued and ASOP EU is now closely monitoring the introduction of the DSA. Recently a meeting was convened with key players in the pharmaceutical industry the EUIPO/Observatory to raise awareness about the practical effect of the DSA introduction and how it will aid better governance of the InternetAdvocating for an enhanced NIS2 legislation by working closely with the KYBC community. Further UK legislation is in the offing and the ASOP EU contributed to a recent submission.Being part of the EUIPO Observatory as a Civil Society Member and speaking and championing the rights of patient safety in the various working groups. ASOP EU was part of an expert WG on Domain names and a comprehensive report was issued on this subject to underline best practice in this area. This support to the Observatory continued in 2022. ASOP EU has now been part of two significant Expert working groups (EWG) notably the “Domain Names” EWG and the “Search Engine” EWG.As per point 1 - Participating in endorsing the NABP .pharmacy initiative and being part of the .Pharmacy Registrant/Supporter Advisory Committee and championing the .pharmacy initiative as a more robust solution than the Common Logo which has already been cut and pasted by criminals.ASOP EU became official observers of the Committee of Parties (CotP) Member of the ratified Medicrime Convention. ASOP EU are in the process of recommending the DOT pharmacy initiative to the CotP as well as running longitudinal market research by each ratified country. This initiative is ongoing and due to a hiatus in the MC proceedings, it was delayed.Production of a July 2022 newsletterMany speaking engagements including invitations to speak at various conferences.

Consultation with stakeholders

Consultation is ongoing throughout the year with Members and Observers. The relationship with law enforcement with the MHRA has been particularly strong, as is the relationship with its sister organisation ASOP Global. ASOP EU also facilitated EURid and the National Association of Boards of Pharmacy (NABP) acting synergistically to check suspicious websites.Close liaison with the Secretariat of the Medicrime Convention Committee of the Parties took place and attendance at the virtual meetings.2022 like 2021 was characterized by an enhanced meeting schedule held virtually. Advocacy letters on the Digital Services Act involved other organisations as co-signatories and the letter can be found here https://www.kybc.eu/wp-content/uploads/2021/07/Co-signed-letter-to-EU-Parliament-re-DSA-18-June-2021F2.pdf. Discussions with the European Association for e-Pharmacies were ongoing which resulted in them rejoining as members and an agreement to work together more closely.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
22 September 2023

And signed on behalf of the board by:
Name: Michael Isles
Status: Director