King's College Hospital Charity - Annual Report & Accounts 2020-21 - Flipbook - Page 43
Financial Statements
4.5. Staff costs & the cost of key management personnel
Year ended 31 March 2020
Year ended 31 March 2019
Unrestricted
Funds
£’000
Restricted
Funds
£’000
Total
£’000
Restricted
Funds
£’000
Restricted
Funds
£’000
Total
£’000
Salaries and wages
763
-
763
632
-
632
Social security costs
84
-
84
69
-
69
Other pension costs
46
-
46
43
-
43
893
-
893
744
-
744
-
-
-
32
-
32
248
-
248
197
-
197
1,141
-
1,141
973
-
973
Seconded staff
Contracts for services
Number of staff
(average head count)
Number of
seconded staff
Other pension costs include £1,200 of scheme
administration fees (2019: £1,000)
At the start of the year, the charity directly employed
13 (2019: 13) members of staff and at the end of the
year 20 (2019: 13) on terms and conditions approved
by the Board, including pension arrangements in line
with auto enrolment requirements. In addition at the
end of the year, the Charity employed two part time
staff on temporary contracts and an additional person
on a short term agency contract.
During the year a number of staff were engaged
through agencies to fill temporary vacancies and
provide additional project support.
In 2018/19, the Charity had one member of staff
on secondment from King’s College Hospital NHS
Foundation Trust at the beginning of the year and no
such staff at the end of the financial year. The Charity
funded the costs through a recharge arrangement.
Past and present seconded employees to the Charity
from the King’s College Hospital Foundation Trust
were covered by the NHS Pension scheme.
16
12
-
1
5 employees had employee benefits excluding pension
costs in excess of £60,000 (2018: 1) their benefits fall
within the following ranges:
2019/20
2018/19
£60-70,000
3
1
£70-80,000
-
1
£80-90,000
1
1
£110-120,000
1
-
Key Management Personnel include the Chief Executive,
the Director of Resources, and Director of Fundraising &
Communications, and the Director of Grants and Insight
who joined the Charity in September 2019. No Trustee
received any benefits or remuneration.
The total amount of employee benefits received by
the four key management personnel for their services
to the Charity was £308,958 (2019: 254,863) in salary
and £41,655 (2019: £26,528) was payable for pension
benefits. In addition, £38,469 (2019: 31,587) was paid
for national insurance contributions.
K I N G’ S CO L L E G E H O S P I TA L C H A R I T Y A N N UA L R E P O R T A N D A CCO U N T S 2 01 9/ 2 0
43