Page 129 - Pharmacy Appeals 1/4/04 to 31/3/05

NHS Resolution Annual report and accounts 2021/22 105

Parliamentary accountability

and audit report

The following disclosures are subject to audit.

Losses and special payments Indemnity scheme cover for NHS Resolution
We had losses of £129,586 in 2021/22. For 2021/22, NHS Resolution was covered under both
In 2020/21 we had losses of £3,710. LTPS and PES.
Fees and charges Remote contingent liabilities

Contribution levels for members of the indemnity The judgements taken to place a value on the
schemes that NHS Resolution operates, i.e. the provision and contingent liabilities (see Notes 7 and 8
CNST, LTPS and PES, are determined in order to meet to the accounts) arising from the indemnity schemes
members' liabilities as they fall due, in accordance that NHS Resolution operates do not include an
with our accounting policy at Note 1.3 to the assessment for events that, at this point in time, are
accounts on page 118. The contributions collected too uncertain or remote to include. Therefore, there
are set on a full cost recovery basis, and can be is no recognition of potential change in the value of
seen in Note 3 to the accounts on page 126. the provision arising from policy developments, in
particular around efforts to improve safety in the NHS
Expenditure on consultancy
(other than through experience reflected in current and
Expenditure incurred on consultancy in 2021/22 was nil. past claims), and considerations relating to applying
In 2020/21 the expenditure on consultancy was nil. a limit to recoverable costs for lower value claims.

Publicity and advertising Disclosures in relation to liabilities arising from the
Covid-19 pandemic have been made in Notes 7
Publicity and advertising spend for the year was
and 8 to the accounts.
£95,590. This compares to £67,462 in 2020/21.
I am satisfied that this Accountability report is a
Regularity of expenditure - gifts
true and fair reflection of the work undertaken
We have not received or made any gifts where
by NHS Resolution throughout 2021/22.
the value exceeded £300,000. Staff are required
to declare gifts in line with NHS Resolution's
Hospitality and Gifts Policy and Procedure (HR04).

Helen Vernon
Chief Executive and Accounting Officer
Date: 14 July 2022