Annual Report and Financial Statements 2022-2023 - Flipbook - Page 34
9STAFF COSTS
Wages and salaries
2023
£’000
2022
£’000
5,795
4,877
Social security costs
488
371
Defined contribution pension
372
223
9
9
Contributions to multi-employer pension plans
Other benefits
Average number of staff
42
43
6,706
5,523
267
244
Wages and salaries include £8,823 (2022: £8,072) of redundancy payments.
Direct staff costs are classified as restricted or unrestricted expenditure according to the nature of related funding
received. Support staff costs are apportioned between restricted and unrestricted funds pro rata.
The number of staff receiving total employee benefits greater than £60,000 (including redundancy payments but
excluding employer pension contributions) was:
2023
number
2022
number
£60,000
–
£70,000
1
2
£70,000
–
£80,000
2
2
£80,000
–
£90,000
1
1
£90,000
–
£100,000
1
1
5
6
The total employment cost, including employer’s national insurance contributions in respect of the Charity’s executive
leadership team, who are considered to be the key management personnel, amounted to £599,240 (2022: £644,863)
10OTHER COSTS
Amounts payable to the Charity’s auditor comprised:
2023
£’000
2022
£’000
20
30
20
30
2023
£’000
2022
£’000
Depreciation of tangible fixed assets
74
75
Profit on disposal of fixed assets
(3)
-
Operating lease costs – property
176
154
Operating lease costs – other
310
218
Audit of the Charity’s financial statements
Net expenditure before taxation is stated after charging:
34TCV Annual Report and Financial Statements 2022-23
