upReach Annual Report 2023-24 - Report - Page 55
Notes To The Financial Statements
For The Year To 31 July 2024
7. Net Income
2024
£
2023
£
Operating lease costs
187,020
198,064
Depreciation – owned assets
15,366
15,600
903
-
10,500
9,550
This is stated after charging:
Loss on disposal
Remuneration paid to auditors
– for audit services
8. Trustees’ Remuneration and Bene昀椀ts
There were no trustees’ remuneration payments, other bene昀椀ts or expenses paid for during the
year ended 31 July 2024 (2023: £Nil).
Trustees’ Expenses
There were no trustees’ expenses paid for during the year ended 31 July 2024 (2023: £Nil)
9. Staff Costs
2024
£
2023
£
Wages and salaries
2,597,939
2,387,940
Social security costs
256,367
232,296
De昀椀ned pension scheme contributions
189,827
181,519
3,044,133
2,801,755
Included within staff costs is restricted expenditure of £1,732,968 (2023 - £1,665,216).
The average monthly number of employees during the year was as follows:
Charitable activities
2024
Number
2023
Number
79
80
55
