The following figures for 2016 are subject to audit.
Significant External Costs
The largest single cost item was the levy towards the running costs of the Legal Services Board which was £53,000 (2015: £58,520).
In addition £5,674 (2015: £7,865) was paid towards the running costs of the Legal Ombudsman.
NB LSB accounting year is to March.
Details of the 2017 remuneration rates for the Board can be found here.
The Chair’s remuneration for 2016 was £33,341 which included an exceptional level of meetings, events and communications.
The CEO’s remuneration (part-time) for 2016 was £80,594. The full time equivalent is £123, 262.
Expenditure v Budget
We publish an annual comparison of our actual expenditure against our budget. This can be found within our (next) Annual Budgets page.