Page 26 - Kildare CU 2022 AR

NOTES TO
THE FINANCIAL STATEMENTS
4.
Staff costs
The average number of persons employed by the Credit Union during the financial year, was as follows:
2022 2021 Number Number Management and Staff 14 14
The aggregate payroll costs incurred during the financial year were:
Wages and salaries
Social insurance costs
Other retirement benefit costs
Key Management Personnel
414,322
43,874 24,462
482,658
416,259
44,173 28,052
488,484
2022 2021
€€
5.
The directors of Kildare Credit Union Limited are all unpaid volunteers. The remuneration of key management was as follows;
2022 2021
€€
Remuneration Pension contributions
Dividends and Loan Interest Rebate
218,441 17,306
235,747
218,492 21,547
240,039
6.
The directors recommend the following distributions, subject to agreement by the membership at the Annual General Meeting:
2022 2022 Rate % €
Gross Dividend on Shares 0.10% 67,220 Loan Interest Rebate 2.50% 33,364
2021 2021 Rate % €
0.00% - 0.00% -
For the year ended 30 September 2022
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