2012 Annual Report - Cherie Blair Foundation for Women
2012 Annual Report - Cherie Blair Foundation for Women
2012 Annual Report - Cherie Blair Foundation for Women
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Notes to the financial statements <strong>for</strong> the year ended 31 October <strong>2012</strong><br />
7. Staff costs and numbers<br />
Staff costs were as follows: <strong>2012</strong> 2011<br />
£ £<br />
Salaries and wages 436,743 258,526<br />
Social security costs 48,570 28,838<br />
485,313 287,364<br />
Total emoluments paid to staff were: 436,743 258,526<br />
One employee earned between £60,001 and £70,000 during the year (2011:one).<br />
No remuneration, directly or indirectly, out of the funds of the <strong>Foundation</strong> was paid or payable <strong>for</strong><br />
the year to any trustee or to any person or persons known to be connected to them.<br />
The average weekly number of employees (full-time equivalent) during the year was as follows:<br />
<strong>2012</strong> 2011<br />
No.<br />
No.<br />
Fund generation 1.5 1.1<br />
Charitable activities 7.3 3.9<br />
Support 2.3 1.2<br />
Governance 0.2 0.2<br />
11.3 6.4<br />
8. Taxation<br />
The charitable company is exempt from corporation tax as all its income is charitable and is<br />
applied <strong>for</strong> charitable purposes.<br />
9. Tangible fixed assets<br />
Fixtures and<br />
fittings<br />
Office<br />
equipment Total<br />
£ £ £<br />
Cost<br />
At the start of the year 1,378 8,742 10,120<br />
Additions in year 2,935 14,834 17,769<br />
At the end of the year 4,313 23,576 27,889<br />
Depreciation<br />
At the start of the year 646 2,805 3,451<br />
Charge <strong>for</strong> the year 717 6,277 6,994<br />
At the end of the year 1,363 9,082 10,445<br />
Net book value<br />
At the end of the year 2,950 14,494 17,444<br />
At the start of the year 732 5,937 6,669<br />
32
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