This account summarises the resources that have been applied and generated in providing services and managing the HM Revenue & Customs (HMRC) Money Laundering Regulations supervisory regime for the year ending 31 March 2009. The figures are consistent with the HMRC 2008-09 Resource Accounts prepared in accordance with UK GAAP.
|
Costs |
Income |
|---|---|---|
Staff costs |
£3,270,383 |
|
Non cash costs : |
|
|
Travel and subsistence |
£136,776 |
|
Other admin costs |
£6,031 |
|
Income |
|
(£4,436,049) |
Overheads |
£2,305,564 |
|
Totals |
£5,932,613 |
(£4,436,049) |
Net operating cost |
|
(£1,496,564) |
Notes: The £1,496,564 deficit for the year results from a large fee being challenged. We have not included the amount under challenge within the above figures to maintain consistency with audited HMRC figures. However, we have issued a statement of demand for the amount and are pursuing payment during 2009-10.
