Annual Report & Accounts 2026
62
8. STAFF COSTS
The aggregate payroll costs (including Directors’ remuneration but excluding share-based payment charges disclosed separately in note 5) were as follows:
2026 £
2026 £
Wages and salaries
6,715,796
5,674,063
Social security costs
1,010,487
741,316
Pension costs, defined contribution scheme
286,194
242,499
8,012,477
6,657,878
Included within the social security costs above is an amount of £142,654 (2026: £98,652) in respect of employer’s national insurance contributions, which will be payable in respect of shares granted under the Group’s LTIP scheme. The average number of persons employed by the Group (including Directors) during the year, analysed by category, was as follows:
2026 £
2026 £
Fee earners
17
13
Administration and support
81
69
Total
98
82
The Company does not employ any employees and, as such, has no staff costs.
9. DIRECTORS’ AND KEY MANAGEMENT PERSONNEL REMUNERATION
2026 £
2026 £
Salary and fees
770,710
741,558
Pension
21,175
20,000
Employer’s NIC
100,541
91,696
Share-based payment charge
96,669
113,192
Total
989,095
966,446
Details of the Directors’ remuneration is disclosed within the Report of the Remuneration Committee with details of share‑based payments disclosed in note 10. The Directors are considered to be the only key management personnel. NOTES TO THE FINANCIAL STATEMENTS CONTINUED
8. STAFF COSTS
The aggregate payroll costs (including Directors’ remuneration but excluding share-based payment charges disclosed separately in note 5) were as follows:
2026 £
2026 £
Wages and salaries
6,715,796
5,674,063
Social security costs
1,010,487
741,316
Pension costs, defined contribution scheme
286,194
242,499
8,012,477
6,657,878
Included within the social security costs above is an amount of £142,654 (2026: £98,652) in respect of employer’s national insurance contributions, which will be payable in respect of shares granted under the Group’s LTIP scheme. The average number of persons employed by the Group (including Directors) during the year, analysed by category, was as follows:
2026 £
2026 £
Fee earners
17
13
Administration and support
81
69
Total
98
82
The Company does not employ any employees and, as such, has no staff costs.
9. DIRECTORS’ AND KEY MANAGEMENT PERSONNEL REMUNERATION
2026 £
2026 £
Salary and fees
770,710
741,558
Pension
21,175
20,000
Employer’s NIC
100,541
91,696
Share-based payment charge
96,669
113,192
Total
989,095
966,446
Details of the Directors’ remuneration is disclosed within the Report of the Remuneration Committee with details of share‑based payments disclosed in note 10. The Directors are considered to be the only key management personnel. NOTES TO THE FINANCIAL STATEMENTS CONTINUED