(f) Amounts recognised in other comprehensive losses:


2020 £’000


Actual return less interest income recognised in the year Effect of assumptions changes on benefit obligation Remeasurement of net defined benefit pension liability


215


(417) (202)


2019 £’000


189 20


209


(g) General disclosures


The trustees are appointed by the Association. The current incumbents are: David Murray (pensioner member-nominated); Paul Bryans (RYA nominated) and Smith & Williamson Trust Corporation, an independent Corporate Trustee. The Directors recognise the Association’s obligation to meet the liabilities of the scheme.


19. OPERATING LEASE COMMITMENTS At year end the Association had the following future minimum rentals payable in respect of non-cancellable operating leases:


2020 £


Land and buildings Within one year


Between two and five years After more than five years


Other operating leases Within one year


Between two and five years 92,124


206,102 -


298,226


10,013 13,351 23,364


2019 £


95,973


254,051 2,875


352,899 12,317 - 12,317


20. OPERATING LEASE RECEIVABLES


At the date of the statement of financial position the Association had the following future minimum rentals receivables in respect of non-cancellable operating leases.


2020 £


Land and buildings Within one year


Between two and five years


36,287 -


36,287


2019 £


48,382 36,287 84,669


26 ANNUAL REPORT AND ACCOUNTS 2020


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