Financial Statements
Strategic Report
Governance Report
Other Information
49. Related-party transactions
50. Financial risk management objectives and policies
The remuneration of key personnel of the Company, defined as the Company’s Directors, is set out below:
The financial risk management objectives and policies applied by the Company are in line with those of the Group as disclosed in Note 31 to the Consolidated financial statements.
2024 £’000 2,227
51. Events since the end of the year Refer to Note 36 of the Consolidated financial statements for the Group and Parent company’s events since the end of the year.
2023 £’000
Short-term employee benefits Post-employment benefits
2,191
44 64
45
Share-based payments Total compensation
147
2,335
2,383
Dividends totalling £34,000 (FY23: £51,000) were paid in the year in respect of ordinary shares held by key management personnel and their close family members.
During the year, the Company entered into the following transactions with its subsidiaries:
2024 £’000
2023 £’000
Dividends received: Brooks Macdonald Asset Management Limited Cornelian Asset Managers Group Limited Levitas Investment Management Services Limited
24,500
22,000
–
8,253
300
600
Total transactions with subsidiaries
24,800
30,853
The Company’s balances with fellow Group companies at 30 June 2024 are set out in Note 35 to the Consolidated financial statements. All transactions with fellow Group companies are carried out at arm’s length and all outstanding balances are to be settled in cash. None of the balances are secured and no provisions have been made for doubtful debts in respect of any of the amounts due from fellow Group companies.
Brooks Macdonald Group plc Annual Report and Accounts 2024
171
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