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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


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