RWS Annual Report 2022 web - Flipbook - Page 154
Notes to the Parent Company Financial Statements (continued)
5. PARENT COMPANY PROFIT AND LOSS
The Parent Company has taken advantage of Section 408 of the Companies Act 2006 and has not included its own
statement of comprehensive income in these financial statements. The Parent Company profit after tax for the year
ended 30 September 2022 was £73.6m (2021: £60.3m).
Audit fees payable in relation to the audit of the financial statements of the Parent Company are £16,500 (2021: £15,000).
Fees paid to the Groups auditor and its associates for non-audit services to the Parent Company itself are not disclosed
in the individual financial statements of RWS Holdings plc. These are disclosed on a consolidated basis in note 5 of the
Group’s financial statements.
6. DIRECTORS AND EMPLOYEES COSTS
2022
£m
2021
£m
Wages and salaries
3.6
4.3
Social security costs
0.5
0.4
Other pension costs
0.1
0.1
-
0.8
4.2
5.6
Share-based payment expense
Total employee costs
During the year, the Parent had nine (2021: seven) Directors, including five Non-Executive Directors and nine other
employees (2021: seven), providing services to the Group.
Two Directors (2021: two) received contributions to their personal pension schemes as did seven (2020: seven) of the
additional employees.
Details of the Directors’ remuneration and pension contributions are disclosed in the Directors’ Remuneration Report
on pages 84 to 91. The values above are lower than the key management remuneration disclosure in note 25 of the
Group's accounts as not all key management are remunerated through the Parent Company.
154
RWS — Annual Report 2022
NOTES TO THE PARENT COMPANY FINANCIAL STATEMENTS