Organisation

 

This statement applies to Prime Risk and Advisory Services (referred to in this statement as ‘the Organisation’). The information included in the statement refers to the financial year 2025.

 

Organisational structure

 

Prime Risk and Advisory Service provides accountancy, payroll and financial services to contractors, freelancers and SMEs within the UK. The company’s registered address is Blackthorn House, St Pauls Square, Birmingham, B3 1RL.

 

 

Definitions

 

The Organisation considers that modern slavery encompasses:

 

• human trafficking

• forced work, through mental or physical threat

• being owned or controlled by an employer through mental or physical abuse of the threat of abuse

• being dehumanised, treated as a commodity or being bought or sold as property

• being physically constrained or to have restriction placed on freedom of movement.

 

 

Commitment

 

The Organisation acknowledges its responsibilities in relation to tackling modern slavery and commits to complying with the provisions in the Modern Slavery Act 2015. The Organisation understands that this requires an ongoing review of both its internal practices in relation to its labour force and, additionally, its supply chains.

 

The Organisation does not enter into business with any other organisation, in the United Kingdom or abroad, which knowingly supports or is found to involve itself in slavery, servitude and forced or compulsory labour.

 

No labour provided to the Organisation in the pursuance of the provision of its own services is obtained by means of slavery or human trafficking. The Organisation strictly adheres to the minimum standards required in relation to its responsibilities under relevant employment legislation in the UK.

 

Supply chains

 

Our supply chain consists of recruitment agencies, other service professionals, general office suppliers, insurers, banks and utilities providers.

 

Potential exposure

 

The Organisation considers its main exposure to the risk of slavery and human trafficking to exist the use of recruitment agencies as well as using other professionals as we might not have full exposure of their subcontractors and other professionals, they subcontract work to.

 

In general, the Organisation considers its exposure to slavery/human trafficking to be relatively low.

 

 

Steps

 

The Organisation carries out due diligence processes in relation to ensuring slavery and/or human trafficking does not take place in its organisation or supply chains, including conducting a review of the controls of its suppliers.

 

The Organisation has not, to its knowledge, conducted any business with another organisation which has been found to have involved itself with modern slavery.

 

In accordance with section 54(4) of the Modern Slavery Act 2015, the Organisation has taken the following steps to ensure that modern slavery is not taking place:

 

 

• reviewing supplier contracts to include termination powers in the event that the supplier is, or is suspected, to be involved in modern slavery

• putting measures in place to identify and assess the potential risks in its supply chain supply chains

• undertaking impact assessments of its services upon potential instances of slavery

• creating action plans to address risk to modern slavery

• has a zero tolerance policy towards modern slavery

• embarked on various training programmes to conscientize staff on modern slavery.

 

 

Policies

 

The Firm has implemented a set of policies to prevent modern-slavery and human trafficking, which includes:

 

• Modern slavery policy

• Pre-employment screening and recruitment

• Whistle-blowing policy and a whistle blowing hotline

• Equality and diversity

 

 

This statement is made in pursuance of Section 54(1) of the Modern Slavery Act 2015 and will be reviewed for each financial year.