Notes to the Company Financial Statements
Year end 31 July 2009
25. Employees and Directors
|
2009 £000 |
2008 £000 |
|
| Wages and salaries | 3,233 | 3,147 |
| Social security costs | 350 | 357 |
| Other pension costs (note 26) | 231 | 228 |
| Total before share based payment charge | 3,814 | 3,732 |
| Share based payments | - | 3,202 |
| Total | 3,814 | 6,934 |
Average monthly number of persons (including Executive Directors) employed:
| By activity |
2009 Number |
2008 Number |
| Investment and technology transfer | 27 | 30 |
| Central Group functions (see below) | 13 | 15 |
| Total | 40 | 45 |
Central Group functions comprise general management, finance, legal, human resources, marketing and information technology.
| Key management compensation |
2009 £000 |
2008 £000 |
| Salaries and short-term employee benefits | 742 | 611 |
| Share-based payments charge | - | 1,793 |
| Total | 742 | 2,404 |
The Group considers all members of the Board to be key management. Directors’ emoluments are as follows:
| Directors |
2009 £000 |
2008 £000 |
| Aggregate emoluments | 644 | 514 |
| Company contributions to defined contribution pension schemes | 38 | 37 |
| Sums paid to third parties for Directors’ services | 60 | 60 |
| Total | 742 | 611 |
The Directors to whom retirement benefits accrued under money purchase pension schemes in the year to 31 July 2009 were S. Searle, J. Smith and R. Cummings. Pension contributions in the previous period accrued to S. Searle, J. Smith and R. Cummings.