20645_Scapa_AR_160504
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NOTES ON ON THE THE ACCOUNTS<br />
1. PROFIT AND LOSS ACCOUNT<br />
The Company’s profit for the year is [£16.8m] (2015: £16.8m). As permitted by section 408 of the Companies Act 2006 a separate profit and<br />
loss account has not been presented. Profit/(loss) on ordinary activities before taxation is stated after (charging)/crediting:<br />
Depreciation of tangible fixed assets, owned (0.2) (0.3)<br />
Foreign exchange losses 0.1 0.1<br />
Directors’ and employee costs (6.9) (8.1)<br />
2016<br />
£m<br />
2015<br />
£m<br />
2. FEES PAYABLE TO THE COMPANY’S AUDITOR<br />
For the year ended 31 March 2016<br />
Auditor’s remuneration<br />
Audit of the Company 85.0 76.0<br />
Taxation advisory services 59.0 23.0<br />
Corporate finance services 142.0 114.0<br />
286.0 213.0<br />
2016<br />
£’000<br />
2015<br />
£’000<br />
Total audit fees were [£76,000] (2015: £76,000). Total non-audit fees were [£137,000] (2015: £137,000).<br />
3. EMPLOYEE BENEFIT EXPENSE<br />
Wages and salaries 4.5 5.9<br />
Social security costs 1.0 0.9<br />
Share options granted to directors and employees 1.2 1.0<br />
Pension costs – defined contribution plans 0.3 0.3<br />
6.9 8.1<br />
2016<br />
£m<br />
2015<br />
£m<br />
2016 2015<br />
Average employee numbers 39 49<br />
116<br />
SCAPA GROUP PLC ANNUAL REPORT AND ACCOUNTS 2016<br />
111<br />
Annual Report and Accounts 2016 <strong>Scapa</strong> Group plc
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