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Community Pharmacy England ran a pre-tax deficit of £66,575 in the year to March 31 as annual expenditure grew by over £1m.

The negotiator’s annual accounts, which were published on September 30, reveal that after posting a £302,427 surplus in 2024-25 it fell into a deficit, which it said “reflects planned investment in priority activities rather than underlying financial pressure” and described as “lower than the approved budgeted deficit of approximately £79,000”.

Following a rise in the levy paid by contractors, CPE received £4.84m in 2025-26 compared to £4.75m in the previous year.

Staffing costs rose from £2.86m to £3.26m, a 13 per cent increase. Meanwhile, other administrative costs such as property costs (£130,000) and travelling and meeting expenses (£254,601) fell.

CPE’s communications budget rose significantly, from £157,460 to £228,799, with public relations (£173,984) the biggest spending area. 

CPE said: “Revenue levels, reserves of approximately £3.3m and cash resources of approximately £1.4m continue to provide sufficient financial resources to support operations.

“The organisation has continued to operate with a flexible working model, and investment has been made in staff capability, including the introduction of a training platform subscription to support learning and development across the workforce, further strengthening operational resilience.”