Rnib group annual report and financial statements 2012/13
Download 1.49 Mb.
|
- Navigate this page:
- 8. Group employee remuneration
- 9. RNIB Trustees’ expenses and related parties transactions
7. TaxationRNIB is a registered charity and is thus exempt from tax on income and gains falling within sections 478 - 489 of the Corporation Tax Act 2010 or s256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charge arises in any of the non-charitable subsidiary entities included in the Group financial statements due to their policy of gifting all taxable profits to their parent each year. 8. Group employee remunerationThe average monthly number of employees during the year was 2,406 (2012: 2,513), of which, the average full time equivalent was 1,945 (2012: 2,020). Total emoluments for all staff for the year amounted to £62,627,000 (2012: £63,723,000). The total emoluments are analysed as shown below:
The following numbers of employees received total emoluments within the bands shown:
Included in the figures above are payments amounting to £448,000 (2012: £1,140,000) made to members of staff on termination of employment. Also of the number of staff disclosed in the table above RNIB made payments on behalf of 26 (2012: 26) employees in respect of the RNIB Retirement Benefit Scheme and the Teachers' Pension Scheme, and there were payments made to ten (2012: nine) members of staff in respect of the defined contribution element of the RNIB Retirement Benefits Pension Scheme. The total amount of employer contributions paid in respect of these employees was £313,517 (2012: £325,779). For new entrants since 1 April 2005 the RNIB Retirement Benefits Pension Scheme (RBPS) is partly defined benefit and partly defined contribution so included in the numbers reported are staff that may be within both elements of the scheme. In addition Action made payments on behalf of three (2012: two) of its employees in respect of pension contributions totalling £27,810 (2012: £27,000). Staff are able to claim reimbursement of expenditure incurred by them in the course of undertaking business on behalf of RNIB. Expenses are claimed against a set policy and guidelines, are independently authorised and are not regarded as part of the employee’s emoluments. 9. RNIB Trustees’ expenses and related parties transactionsMany Trustees and/or their organisations bear the cost of attending meetings themselves. They receive no benefits from the Charity except as users of our services. Where expenses are claimed these are in accordance with set policy and guidelines, are independently authorised and are not regarded as emoluments. Trustees of the Charity represent agencies and organisations throughout the United Kingdom, and they attend many committee, sub-committee and Boards of Governors’ meetings, most of which are held at the Charity’s London service centre. A total of £26,930 was paid to, and on behalf of, 19 Trustees of the Charity as reimbursement of travel and subsistence expenses incurred in attending these meetings (2012: £25,946 to 26 Trustees). In addition £24,054 was paid to three of the Trustees of the Charity as reimbursement of overseas travel and subsistence incurred in attending international meetings and conferences (2012: £17,150 to three Trustees). The cost of lunches in RNIB establishments during the meetings cost a further £1,828 (2012: £2,559). During the year RNIB paid Kevin Carey, Chair of RNIB, £24,000 (2012: £24,000) as remuneration in respect of carrying out his duty as Chair of RNIB. This payment has been made with the consent of the Charity Commission. In addition RNIB has paid £20,100 (2012: £20,100) to HumanITy as a contribution to their secretarial and office costs in providing support to Kevin Carey in his role as the Chair of RNIB. Kevin Carey was employed as an executive director of the HumanITy organisation, during this period. Lord Low of Dalston, a Vice President of RNIB and a Trustee of Action, is President of Visionary to which grants have been paid of £31,000 (2012: £71,000). Mike Nussbaum, a Trustee of RNIB and a Trustee of Action, is a Trustee of Guide Dogs for the Blind Association from which £53,881 (2012: £45,054) has been received and £nil (2012: £8,193) has been paid. Also Guide Dogs for the Blind Association own two Action hotels where the lease is charged at a peppercorn rent. Mike is also a Trustee of National Blind Children’s Society to which £52,073 (2012: £70,086) has been paid and from which £1,576 (2012: £977) has been received. In the year RNIB made Honoraria payments totalling £364 (2012: £985) to Ken Reid, a Trustee of RNIB, in respect the UK Vision Strategy. Tony Rucinski, a Trustee of RNIB, is a director of Scope to which £197 (2012: £90) has been paid and from which £nil (2012: £856) has been received. Paul Ryb, a Trustee of RNIB, is a Trustee of Macular Society to which £200 (2012: £500) has been paid. RNIB has provided funding in the sum of £35,000 (2012: £45,000) for a Fellowship on the Clore Social Leadership Programme. The Fellow is recruited through an open application process and Eleanor Southwood, a Trustee of RNIB, was successful in securing the Fellowship on this programme. Mike Townsend, a Trustee of RNIB, is a director of the Torch Trust from which £2,697 (2012: £4,759) has been received and to which £nil (2012: £5,000) has been paid. The Charity enters a comprehensive range of insurance policies to protect Trustees, officers and employees against losses and legal liabilities arising from neglect or default in the course of business. Total premiums for these policies amounted to £33,920 (2012: £31,270). Directory: sites -> default -> files files -> Answer True False 2 points Question 2 files -> Northern England’s set-jetting locations files -> Nstructions for Acquiring Excess Equipment online, through the 1033 Program files -> Occupational health and safety files -> The Black Panther Party’s Ten Point Program files -> International programs roel profile files -> Fermi Questions a guide for Teachers, Students, and Event Supervisors Lloyd Abrams, Ph. D. DuPont Company, cr&D/ccas experimental Station Wilmington, de 19880 files -> Personal Information Name: Maha Al-Ammari Nationality: Saudi Relationship Status Download 1.49 Mb. Share with your friends:
|