Society declares 'robust' financial state,despite deficit in 2005

摘要

The Royal Pharmaceutical Society has announced its financial results for 2005 with an operating deficit of pound137,000 after making gift aid payments of poumd2.9m and before the reporting of the pension fund deficit.The Society has been required to report its financial statements after incorporating Financial Reporting Standards 17 (FRS17),under which any company or organisation offering a defined pension scheme must report the current status of the pension fund in the accounts and balance sheet.