Confidential Reporting System in Surgery - Charities report - 18.1

Confidential Reporting System in Surgery - Charities report - 18.1

CONFIDENTIAL REPORTING SYSTEM IN SURGERY LIMITED - Company Information

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IRIS Accounts Production v18.2.1.62 Other Company accounts True False Pounds 1.1.17 31.12.17 31.12.17 FY Mr D C Wilkins Mr D C Wilkins FRS 102 Independent examiner Large and medium-sized companies regime for accounts Full Charities SORP True True True True True False True False True iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure069356382016-12-31069356382017-12-31069356382017-01-012017-12-31069356382015-12-31069356382016-01-012016-12-31069356382016-12-3106935638ns0:CharitableCompanyLimitedByGuarantee2017-01-012017-12-3106935638ns15:PoundSterling2017-01-012017-12-3106935638ns0:Trustee32017-01-012017-12-3106935638ns11:FRS1022017-01-012017-12-3106935638ns11:IndependentExaminationCharity2017-01-012017-12-3106935638ns11:LargeMedium-sizedCompaniesRegimeForAccounts2017-01-012017-12-3106935638ns11:FullAccounts2017-01-012017-12-3106935638ns11:CharitiesSORP2017-01-012017-12-3106935638ns16:EnglandWales2017-01-012017-12-3106935638ns11:RegisteredOffice2017-01-012017-12-3106935638ns0:Trustee12017-01-012017-12-3106935638ns0:Trustee22017-01-012017-12-3106935638ns0:Trustee42017-01-012017-12-3106935638ns0:Trustee52017-01-012017-12-3106935638ns0:Trustee62017-01-012017-12-3106935638ns0:Trustee72017-01-012017-12-3106935638ns0:Trustee82017-01-012017-12-3106935638ns0:Activity92017-01-012017-12-3106935638ns0:Activity92016-01-012016-12-3106935638ns10:WithinOneYear2017-12-3106935638ns10:WithinOneYear2016-12-310693563822017-01-012017-12-31
REGISTERED COMPANY NUMBER: 06935638 (England and Wales)
REGISTERED CHARITY NUMBER: 1134175
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2017
FOR
CONFIDENTIAL REPORTING SYSTEM IN SURGERY
LIMITED
Ford Bentall LLP
Chartered Certified Accountants
60 High Street
Chobham
Surrey
GU24 8AA
CONFIDENTIAL REPORTING SYSTEM IN SURGERY
LIMITED
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2017










Page

Report of the Trustees 1 to 2

Independent Examiner's Report 3

Statement of Financial Activities 4

Balance Sheet 5 to 6

Notes to the Financial Statements 7 to 9

CONFIDENTIAL REPORTING SYSTEM IN SURGERY
LIMITED (REGISTERED NUMBER: 06935638)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2017
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their
report with the financial statements of the charity for the year ended 31 December 2017. The trustees have
adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015).

OBJECTIVES AND ACTIVITIES
Objectives and aims
The purpose of the Charitable company is to promote safety in surgical practice both within the NHS and in
the independent sector. It's aims is to serve all surgical disciplines by:-
- Analysing safety-related reports which would not otherwise be available.
- At all times keeping the identity of the reporters confidential.
- Publishing lessons learned feedback commentary in the surgical literature.

Public benefit
The charitable company's mission is derived from these objects. The Trustees of Confidential Reporting
System in Surgery are responsible for defining its strategic aims and directing the activities in the furtherance
of these objects. The Board of Trustees have due regard to the Charity Commission's guidance on the
reporting of public benefit.

ACHIEVEMENT AND PERFORMANCE
Achievements and Performance
During 2017 the Trustees held meetings to discuss and review safety in surgical practice in accordance with
the charity's objectives.

FINANCIAL REVIEW
Financial position
During the year the charitable company incurred expenditure of £3,002 which was covered by donations
received from the Association of Surgeons of Great Britain and Ireland (ASGBI).

Reserves policy
The charitable company does not currently hold reserves. Its expenses are met by donations from the
Association of Surgeons of Great Britain and Ireland (ASGBI) when incurred.The charitable company intends
to move towards financial independence and will review its Reserves policy once funding has been secured.

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited
by guarantee, as defined by the Companies Act 2006.

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
06935638 (England and Wales)

Registered Charity number
1134175

Registered office
35-43 Lincoln's Inn Fields
London
WC2A 3PE

Page 1
CONFIDENTIAL REPORTING SYSTEM IN SURGERY
LIMITED (REGISTERED NUMBER: 06935638)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2017
REFERENCE AND ADMINISTRATIVE DETAILS
Trustees
Mr M T Else
Mr P Tait
Mr D C Wilkins
Dame C Marx DBE, DL
Lord B Ribeiro Kt CBE FRCS
Mr F Smith
Mr A May
Mr A Lewis

Independent examiner
Keith Adrian Ford
FCCA
Ford Bentall LLP
Chartered Certified Accountants
60 High Street
Chobham
Surrey
GU24 8AA

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act
2006 relating to small companies.

Approved by order of the board of trustees on 19 September 2018 and signed on its behalf by:



Mr D C Wilkins - Trustee
Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
CONFIDENTIAL REPORTING SYSTEM IN SURGERY
LIMITED
Independent examiner's report to the trustees of Confidential Reporting System in Surgery Limited
('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended
31 December 2017.

Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached







Keith Adrian Ford
FCCA
Ford Bentall LLP
Chartered Certified Accountants
60 High Street
Chobham
Surrey
GU24 8AA


26 September 2018
Page 3
CONFIDENTIAL REPORTING SYSTEM IN SURGERY
LIMITED
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2017
2017 2016

Unrestricted
fund		 Total
funds
Notes £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 3,002 25,733
Total 3,002 25,733

EXPENDITURE ON
Charitable activities
Governance 3,002 4,066
NET INCOME - 21,667
RECONCILIATION OF FUNDS

Total funds brought forward - (21,667 )
TOTAL FUNDS CARRIED FORWARD - -
The notes form part of these financial statements
Page 4
CONFIDENTIAL REPORTING SYSTEM IN SURGERY
LIMITED (REGISTERED NUMBER: 06935638)
BALANCE SHEET
AT 31 DECEMBER 2017
2017 2016

Unrestricted
fund		 Total
funds
Notes £    £   

CURRENT ASSETS
Debtors 5 762 550

CREDITORS
Amounts falling due within one year 6 (762 ) (550 )

NET CURRENT ASSETS - -
TOTAL ASSETS LESS CURRENT
LIABILITIES

-
-
NET ASSETS - -
FUNDS 7
Unrestricted funds - -
TOTAL FUNDS - -
The notes form part of these financial statements
Page 5 continued...
CONFIDENTIAL REPORTING SYSTEM IN SURGERY
LIMITED (REGISTERED NUMBER: 06935638)
BALANCE SHEET - CONTINUED
AT 31 DECEMBER 2017
The charitable company is entitled to exemption from audit under
Section 477 of the Companies Act 2006 for the year ended 31 December 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended
31 December 2017 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for
(a)ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387
of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the charitable
company as at the end of each financial year and of its surplus or deficit for each financial year in
accordance with the requirements of Sections 394 and 395 and which otherwise comply with the
requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the
charitable company.
These financial statements have been prepared in accordance with the
special provisions of Part 15 of the Companies Act 2006 relating to
charitable small companies.

The financial statements were approved by the Board of Trustees on 19 September 2018 and were signed on its behalf by:




Mr D C Wilkins -Trustee
The notes form part of these financial statements
Page 6
CONFIDENTIAL REPORTING SYSTEM IN SURGERY
LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2017
1. STATUTORY INFORMATION

Confidential Reporting System in Surgery Limited is a private charitable company, limited by
guarantee, registered in England and Wales. The charitable company's registered number and
registered office can be found in the Report of the Trustees.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102,
have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by
Charities: Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS
102) (effective 1 January 2015)', 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.

Financial reporting standard 102 - reduced disclosure exemptions
The charity has taken advantage of the following disclosure exemption in preparing these financial
statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and
Republic of Ireland':

- the requirements of Section 7 Statement of Cash Flows.

Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the
funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation
committing the charity to that expenditure, it is probable that a transfer of economic benefits will be
required in settlement and the amount of the obligation can be measured reliably. Expenditure is
accounted for on an accruals basis and has been classified under headings that aggregate all cost
related to the category. Where costs cannot be directly attributed to particular headings they have been
allocated to activities on a basis consistent with the use of resources.

Taxation
The charity is exempt from corporation tax on its charitable activities.

Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the
trustees.

3. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees remuneration or other benefits during the period ended 31 December 2017.

Trustees' expenses

During the year travel expenses amounting to £197 were reimbursed to one trustee (2016 : travel
expenses of £1,255 were reimbursed to two trustees).

Page 7
CONFIDENTIAL REPORTING SYSTEM IN SURGERY
LIMITED
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED
FOR THE YEAR ENDED 31 DECEMBER 2017
4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES


Unrestricted
fund
£   
INCOME AND ENDOWMENTS FROM
Donations and legacies 25,733
Total 25,733

EXPENDITURE ON
Charitable activities
Governance 4,066
Total 4,066
NET INCOME 21,667
RECONCILIATION OF FUNDS

Total funds brought forward (21,667 )
TOTAL FUNDS CARRIED FORWARD -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017 2016
£    £   
Other debtors 762 550

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017 2016
£    £   
Other creditors 212 -
Accrued expenses 550 550
762 550

7. MOVEMENT IN FUNDS





At 1/1/17		 Net
movement
in funds

At 31/12/17
£    £    £   

TOTAL FUNDS - - -
Page 8
CONFIDENTIAL REPORTING SYSTEM IN SURGERY
LIMITED
NOTES TO THE FINANCIAL STATEMENTS - CONTINUED
FOR THE YEAR ENDED 31 DECEMBER 2017
7. MOVEMENT IN FUNDS - continued


Net movement in funds, included in the above are as follows:

Incoming
resources		 Resources
expended		 Movement
in funds
£    £    £   
Unrestricted funds
General fund 3,002 (3,002 ) -

TOTAL FUNDS 3,002 (3,002 ) -


Comparatives for movement in funds




At 1/1/16		 Net
movement
in funds

At 31/12/16
£    £    £   

Unrestricted Funds
General fund (21,667 ) 21,667 -

TOTAL FUNDS (21,667 ) 21,667 -
Comparative net movement in funds, included in the above are as follows:

Incoming
resources		 Resources
expended		 Movement in
funds
£    £    £   
Unrestricted funds
General fund 25,733 (4,066 ) 21,667

TOTAL FUNDS 25,733 (4,066 ) 21,667

8. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 December 2017.

Page 9