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PFEW holds itself to the highest standards of openness and transparency, and our financial statement for the period was produced by external auditors KPMG.
While the report represents the year ending 31 December 2018, the audit consideration and going concern statement is applicable for at least one year from the date of signing. There are currently no known material uncertainties which would cast doubt on the PFEW’s ability to operate on a continuing basis.
Simon Kempton, PFEW’s National Treasurer said: “Despite a significant drop in income from members’ subscriptions, we successfully managed to increase spending on members, and saw an increase in funds spent on legal defences and through the Branch network. This was possible due to making cost savings elsewhere and by steering a course towards future long-term stability and financial security.
“It was particularly pleasing that Federation House generated a significant income which was utilised towards the payment of member’s legal bills.
“This increased from £995,000 to £1,256,000 and showed Federation House is a self-generating asset for PFEW. Moreover, the facility significantly reduces our reliance on the hire of external training facilities which otherwise would have to be used to train our Reps.
“Although these accounts refer to a period of massive financial uncertainty due to Brexit and the state of the U.S. economy, they fully justify the cautious investment stance PFEW took to ensure our future financial resilience.”
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Annual Reports/Annual Public Value Reports
Annual Public Value Report - 2017/18 - interactive Flash version
Annual Public Value Report 2016/17 - interactive Flash version
Annual Public Value Report 2015/16
Police Federation Annual Report 2010
Advisory Group Reports
Advisory Group Report 2018 - interactive Flash version