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BCS, The Chartered Institute for IT Annual Report and Consolidated ...

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<strong>BCS</strong>, <strong>The</strong> <strong>Chartered</strong> <strong>Institute</strong> <strong>for</strong> <strong>IT</strong><br />

NOTES (continued)<br />

Remuneration of Trustees<br />

Employees<br />

No Trustees have received any <strong>for</strong>m of remuneration <strong>for</strong> their services provided to the <strong>Institute</strong> or its<br />

subsidiary undertakings. During the year 18 Trustees (2009: 13) were reimbursed <strong>for</strong> expenses of<br />

£38,394 (2009: £61,025) incurred <strong>for</strong> undertaking their duties <strong>and</strong> attending meetings on behalf of the<br />

<strong>Institute</strong>.<br />

<strong>The</strong> number of employees whose emoluments <strong>for</strong> the period fell within each of the following b<strong>and</strong>s is<br />

as follows:<br />

12 months<br />

ended 31<br />

August2010<br />

- 31 -<br />

16 months<br />

ended 31<br />

August 2009<br />

£240,000 – 249,999 1 1<br />

£150,000 – 159,999 1 -<br />

£140,000 – 149,999 1 2<br />

£130,000 – 139,999 - 2<br />

£120,000 – 129,999 1 1<br />

£110,000 – 119,999 - 1<br />

£100,000 – 109,999 2 1<br />

£90,000 – 99,999 1 1<br />

£80,000 – 89,999 1 3<br />

£70,000 – 79,999 2 7<br />

£60,000 – 69,999 3 5<br />

<strong>The</strong> above analysis of emoluments excludes pension contributions of £71,990 (2009: £108,602) in<br />

respect of 13 (2009: 19) employees.<br />

8 Investment income<br />

12 months<br />

ended 31<br />

August 2010<br />

16 months<br />

ended 31<br />

August 2009<br />

£000 £000<br />

Interest receivable on bank balances 180 882<br />

──── ────<br />

<strong>The</strong> above interest arose as follows:<br />

Head Office 179 880<br />

Subsidiary Undertaking 1 2<br />

──── ────<br />

180 882<br />

──── ────

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