ELRC 202324 Annual Report

Financial Statements for the year ended 31 March 2024 EDUCATION LABOUR RELATIONS COUNCIL | 2023/24 ANNUAL REPORT

NOTES TO THE ANNUAL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 (cont.)

Note 19 (cont.)

2024 R

2023 R

Administration expenses (cont.)

Notes

Legal Expenses

1 295 372 1 137 537

2

Loss on disposal of assets

38 530

-

Motor vehicle expenses

57 917

57 408

Municipal expenses

1 807 728 1 715 026

Printing and stationery

607 176

534 242

Refreshments

66 016

32 524

Rentals

2 203 563 1 859 750

Repairs and maintenance

943 890

571 280

Research and Development

-

1 915 286

Security

1 072 506

967 798

Storage and removal

68 674

7 236

Subscriptions and license fees

1 301 862

893 957

Telecommunication costs and postal fees

408 742

593 125

Training

6 586 985

687 998

Travelling costs

554 441

185 768

Workman’s compensation

73 143 62 439 47 901 967 34 350 998

159