Gloves n Stuff Ltd
Company Number: 05005925
Registered Office: Unit 91 Arthur Street, Redditch, Worcestershire, B98 8JY, United Kingdom
Telephone: 01527 524992
Email: sales@glovesnstuff.com
Website: www.glovesnstuff.com
1. Purpose
The purpose of this policy is to set out the responsibilities of Gloves n Stuff Ltd and its employees in observing and upholding the company’s position on bribery and corruption, and to provide guidance on how to recognise and deal with bribery and corruption issues.
2. Scope
This policy applies to all employees, temporary workers, agency staff, contractors, consultants, suppliers, agents and any other persons acting on behalf of Gloves n Stuff Ltd.
3. Policy Statement
Gloves n Stuff Ltd has a zero-tolerance approach to bribery and corruption and is committed to acting professionally, fairly and with integrity in all business dealings and relationships.
The company will comply with all applicable laws relating to anti-bribery and corruption, including the Bribery Act 2010.
Bribery and corruption in any form will not be tolerated and may result in disciplinary action, dismissal, termination of contracts, and possible criminal prosecution.
4. What is Bribery?
A bribe is an inducement or reward offered, promised or provided in order to gain any commercial, contractual, regulatory or personal advantage.
Bribes may include cash, gifts, hospitality, services, discounts, or any other benefit offered to influence a business decision.
5. Gifts and Hospitality
Reasonable and proportionate hospitality and promotional expenditure intended for legitimate business purposes is permitted. However, gifts or hospitality must not be offered or accepted where they could be seen as influencing a business decision.
Employees must not:
- Offer or accept cash gifts
- Offer or accept gifts or hospitality intended to influence a business decision
- Offer or accept excessive gifts or hospitality
- Offer or accept gifts or hospitality during tendering or contract negotiations
Any significant gifts or hospitality should be declared to management.
6. Facilitation Payments
Facilitation payments are unofficial payments made to secure or speed up routine actions. Facilitation payments are illegal under UK law and are strictly prohibited.
7. Donations and Sponsorship
The company may make legitimate charitable donations or sponsorships that are lawful and ethical. Such payments must not be made to gain any improper business advantage.
8. Conflicts of Interest
Employees must declare any personal or financial interests that could conflict with the interests of the company, including relationships with suppliers, customers or competitors.
9. Record Keeping
The company will keep accurate and complete financial and business records and will maintain appropriate internal controls to prevent bribery and corruption.
10. Reporting Concerns
Employees are encouraged to report any concerns or suspicions of bribery or corruption as soon as possible to management.
No employee will suffer any detrimental treatment for reporting a concern in good faith.
11. Responsibilities
11.1 Management
Management are responsible for:
- Ensuring this policy is implemented
- Promoting ethical business practices
- Investigating any suspected bribery
- Maintaining proper records and controls
11.2 Employees
Employees are responsible for:
- Complying with this policy
- Avoiding any activity that could lead to bribery
- Declaring conflicts of interest
- Reporting concerns
12. Disciplinary Action
Any breach of this policy may result in disciplinary action up to and including dismissal. The company may also terminate contracts with suppliers, contractors or agents who breach this policy.
13. Monitoring and Review
This policy will be reviewed periodically to ensure it remains effective and compliant with current legislation and best practice.
14. Approval
Approved by: Paul Bowers
Name: Paul Bowers
Position: Director
Date: 26/03/26
Review Date: 26/03/26