47153 AG Barr Annual Report 2025 AW4 SQ WEB - Flipbook - Page 192
A.G. BARR p.l.c. Annual Report and Accounts 2025
N OTE S
TO TH E
ACCO U NT S
CO N TI N U ED
29. Related party transactions
Transactions between the Company and its subsidiaries, which are related parties of the Company, have been eliminated on consolidation. Details of transactions between
the Company and related parties are as follows:
Purchase of goods and services
Rubicon Drinks Limited
FUNKIN Limited
Boost Drinks Limited
2025
£m
2024
£m
8.7
1.4
2.6
7.4
2.6
1.1
The amounts disclosed in the table below are the amounts owed to and due from subsidiary companies that are trading subsidiaries.
The balances are unsecured and are due on demand. The difference between the total of these balances and the amounts disclosed as amounts due by (Note 20) and to
subsidiary companies (Note 22) are balances due by and due to dormant subsidiary companies.
Amounts owed by related parties
Rubicon Drinks Limited
FUNKIN Limited
Boost Drinks Limited
MOMA Foods Ltd
Amounts due to related parties
2025
£m
2024
£m
2025
£m
2024
£m
–
–
–
2.6
–
–
1.6
2.6
10.7
5.2
6.9
–
3.7
–
0.2
–
The amounts disclosed in the table below were the amounts owed from investments in associates from an interest-free equity convertible loan note.
Amounts due by related parties
2025
£m
2024
£m
Loans to associates
Opening balance
Amounts written off
–
–
1.0
(1.0)
Closing balance
–
–
The loans to associates balances at 29 January 2023 were reviewed during the period to 28 January 2024 and it was assessed that there was no reasonable expectation
of recovery and the balances were written off.
Compensation of key management personnel
The remuneration of the executive directors, non-executive directors and senior executives during the year was as follows:
Salaries and short-term benefits
Post employment benefits
Share-based payments
2025
£m
2024
£m
4.9
0.3
2.0
5.0
0.4
1.8
7.2
7.2
The Directors’ Remuneration Report can be found on pages 89 to 108.
Retirement benefit plans
The Group’s retirement benefit plans are administered by an independent third party service provider. During the year, the service provider charged the Group £0.1m
(2024: £0.3m) for administration services in respect of the retirement benefit plans. At the year end, £nil (2024: £nil) was outstanding to the service provider on behalf
of the retirement benefit plans.
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