BL-2023-000713 - Bundle for Disposal Hearing

Jockey Club Racecourses Limited Notes to the financial statements Year ended 31 December 2021

4

Information regarding directors and employees

2021

2020

£m

£m

Directors' remuneration Directors' emoluments (excluding pension contributions) Company contributions to defined contribution pension schemes

1.1 0.1

£m

£m

Remuneration of the highest paid director (excluding pension contributions)

0.2

No.

No.

Number of directors serving at 31 December 2021 who are members of a defined benefit pension scheme

5

The Directors receive remuneration from The Jockey Club in respect of services to the group. It is not possible to determine the amount of remuneration that relates to the services to the company. During the year, there were no retirement benefits accruing to directors (2020: 6) in respect of defined contribution schemes. Company pension contributions of £nil (2020: £nil) were paid into a defined contribution scheme on behalf of the highest paid director. The defined benefit scheme was closed to new entrants from 1 November 2011 and was closed to all future accruals on 31 March 2012.

2021 £m

2020 £m

Employee costs during the year Permanent employees: Wages and salaries

16.7

18.0

Social security costs Other pension costs

2.2 1.4

1.6 1.4

19.7

21.6

Raceday employees: Wages and salaries Social security costs

1.0

0.7

Total employee costs

22.3

20.7

Average number of employees (full time equivalents)

No.

No.

Administration and maintenance

493

431

Raceday

39

54

547

470

3627 367

148

NT1/104

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