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5 STAFF COSTS
|Wages and salaries||5,965||4,887|
Included in wages and salaries is a total expense in respect of share-based payments of £428,000 (2006: £142,000) all of which arises from transactions accounted for as equity-settled share-based payment transactions.
Average weekly number of employees, including Directors, during the year:
|Property development and investment||34||33|
|Operating property activities||54||56|
The Directors are considered to be the only key management personnel. Their remuneration is shown in the Remuneration report.