Brooks Macdonald Annual Report and Accounts 2025

Strategic Report

Governance Report

Financial Statements

Company Financial Statements

8. Other (losses)/gains Other (losses)/gains represent the net changes in the fair value of the Group’s financial instruments recognised in the consolidated statement of comprehensive income.

A more detailed analysis of auditors’ remuneration is provided below:

2024 restated 1 £’000

2025 £’000

2025 £’000

2024 £’000

Fees payable to the Company’s auditors for the audit of the consolidated Group and Parent Company financial statements Fees payable to the Company’s auditors and its associates for other services: – Audit of the Company’s subsidiaries pursuant to legislation

Note

610

356

(Loss)/gain in fair value of deferred contingent consideration payable Gain on redemption of assets held at amortised cost Gain in fair value of financial assets at fair value through profit or loss

(341)

26

3 –

25

184 530 458

177

– Audit-related assurance services – Non-audit-related services

462

44

20

80 83

2

Other (losses)/gains

(272)

Total auditors’ remuneration

1,783

996

9. Operating profit Statutory profit is stated after charging for the following administrative costs:

1 The prior financial year has been restated to separate the impact of discontinued operations on auditors’ remuneration of £314,000, consistent with the presentation in the current financial year. Refer to note 13 for details of the results from discontinued operations. 10. Finance income and finance costs

2024 restated 1 £’000

2025 £’000 51,035 4,390 3,997 2,294 1,926 1,783 1,661

2024 restated 1 £’000

Note

2025 £’000

Employee costs

7

50,299

Note

Acquisition and integration-related costs Amortisation of client relationships Amortisation of computer software Move to LSE’s Main Market costs Auditors’ remuneration (see below) Depreciation of right-of-use assets Financial Services Compensation Scheme levy (see below) Depreciation of property, plant and equipment

15

175

Finance income Dividends on preference shares

3,384 1,376

20

28

1,108

Interest on assets held at amortised cost Finance income on deferred contingent consideration receivable

20

198

15

996

273

21

1,577

1,426 2,827

Bank interest on deposits Total finance income

2,299 2,525

1,114 520

672 567

Finance costs Finance cost of lease liabilities

411

Impairment of right-of-use assets

122

153

Finance cost of deferred contingent consideration payable

1 The prior financial year has been restated to separate the results of discontinued operations, consistent with the presentation in the current financial year. Refer to note 13 for details of the results of discontinued operations. Financial Services Compensation Scheme levies Administrative costs for the year ended 30 June 2025 include a charge of £1,114,000 (2024: £672,000) in respect of the Financial Services Compensation Scheme (“FSCS”) levy, all of which is in respect of the estimated levy for the 2025/26 scheme year.

426

26

13

49

Finance cost of retention liability

Total finance costs

597

166

1 The prior financial year has been restated to separate the results of discontinued operations, consistent with the presentation in the current period. Refer to note 13 for details of the results from discontinued operations.

Brooks Macdonald Group plc Annual Report and Accounts 2025

129

Made with FlippingBook - professional solution for displaying marketing and sales documents online