TRUSTEES ANNUAL REPORT AND FINANCIAL STATEMENT FOR SHARED INTEREST FOUNDATION 2024/25 - Report - Page 17
NOTES TO THE FINANCIAL STATEMENTS
10. STAFF COSTS
2022
2021
£
£
Wages and salaries
75,110
68,805
Social security costs
2,612
2,384
Defined contribution pension costs
2,557
2,453
80,279
73,642
2022
2021
Number
Number
Raising funds
1
1
Charitable activities
1
1
2
2
Staff costs were as follows:
Average monthly number of employees (none of whom are Trustees) during the year was:
No individual employee’s emoluments exceeded £60,000 for either year shown. No pension contributions were payable by the
Foundation in respect of the Trustees in either year shown.
The Trustees neither received nor waived any remuneration during the year (2021: £Nil). The Trustees did not have any expenses
reimbursed during the year (2021: £Nil).
11. DEBTORS AND PREPAYMENTS
2022
2021
£
£
525
1,933
9,686
6,163
-
6,012
10,211
14,108
2022
2021
£
£
276,800
268,511
276,800
268,511
2022
2021
£
£
27
27
109,238
108,546
109,265
108,573
2022
2021
£
£
25,985
-
Accruals
8,273
6,920
Trade creditors
1,899
-
36,157
6,920
Prepayments
Accrued income
Amounts owed from group undertakings
Amounts owed to group undertakings for the previous year were repaid in full post year-end.
12. CASH AT BANK AND IN HAND
Cash at bank and in hand
13. DEPOSITS WITH CREDIT INSTITUTIONS
Deposits repayable in not more than three months
Deposits repayable in not more than one year
14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Amounts owed to group undertakings
Shared Interest Foundation - Trustees’ Report and Financial Statements for the year ended 30 September 2022
page 17
