5 Boroughs Partnership NHS Foundation Trust Annual ... - Monitor

Details of salaries and allowances of senior managers are detailed in note 7.5
on page 203 of the Annual Accounts. Details of senior managers’ pension
benefits can be found in note 7.6 on page 205 of the Annual Accounts.
Annual Accounts
The Annual Accounts have been prepared under a direction issued by Monitor
and are appended to this Report in Appendix 2.
Accounting Policies
The 2011-12 Annual Accounts have been prepared on the basis of
International Financial Reporting Standards (IFRS). Appropriate accounting
policies are reviewed and approved by the Audit Committee annually.
Accounting policies for pensions and other retirement benefits are set out in
note 7.6 on page 205 of the annual accounts. Details of senior employees’
remuneration can be found in notes 7.5 on page 203 of the Annual Accounts.
Going Concern
Following the review and approval of the Trust’s five-year business plan and
long-term financial model by the Trust Board, the Directors have a reasonable
expectation that the Trust has adequate resources to continue in operational
existence for the foreseeable future. For this reason, they continue to adopt
the going concern basis in preparing the Annual Accounts.
Annual Report and Annual Accounts 2011-12 73