6. Staff costs
2026. £.
Salaries Social Security costs Pension and Life Assurance costs
6,124,044. 780,817. 874,692.
Less staff costs included in Direct Expenditure
-------------- 7,779,553. (1,753,690)
-------------- 6,025,863.
--------------
The average number of employees during the year was: Senior Management
Executive Officers and Coaches Administration and support
#.
36. 68. 67.
-------------- 171.
--------------
2025. £.
6,133,427. 619,166. 855,084.
-------------- 7,607,677. (1,909,641)
-------------- 5,698,036.
-------------- #.
36. 67. 70.
-------------- 173.
--------------
The compensation paid or payable to key management personnel, being the two (2025: two) executive directors, for employee services is £315,565 (2025: £309,180).
Remuneration paid to the two executive directors during the year amounted to £288,255 (2025: two executive directors; £282,410). The remuneration of the highest paid director was £169,755 (2025: £166,260). The number of directors to whom retirement benefits are accruing under defined contribution pension schemes was two (2025: two). The total contribution in respect of these directors was £27,310 (2025: £26,770). No remuneration was paid to non-executive directors.
7. Operating Surplus/Deficit
2026 £
The surplus/deficit on ordinary activities is stated aſter charging: Depreciation
Foreign exchange (gains) / losses Operating lease rentals
During the year, the Association obtained the following services from the Associations auditor:
- audit fee
- non-audit fees: corporation tax compliance - non-audit fees: other services
44,000 7,245 3,500
44,000 5,000 3,500
The RYA Foundation, a charitable subsidiary, has incurred audit fees of £6,500 (2025: £6,500) payable to the auditors of the RYA.
519,592 3,120
156,869
2025 £
576,214 (4,874) 164,190
RYA Annual Strategic Report 2026
35
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44