Financial report
The PCC's income comes from the raising of levies on press organisations. In order for the PCC to retain a suitable distance from the industry, this funding is organised by a third party, the Press Standards Board of Finance (PressBof).
Here are extracts from the Commission's accounts for 2009, the most recent year for which figures are available. They have been audited by Saffery Champness.
Item | Expense £ | |
---|---|---|
Staff and Commissioners' costs | 1,145,031 | |
Accommodation, including insurance | 153,356 | |
Telephones and faxes | 15,347 | |
Newspapers and other publications | 10,531 | |
Office equipment and leases | 47,534 | |
Stationery, printing, and sundry costs (inc. monitoring) | 35,221 | |
Postage | 12,068 | |
Lawyers | 78,387 | |
Audit and tax consultancy | 45,724 | |
Charter Commissioner/Charter Compliance Panel | 34,766 | |
Consultants | 40,143 | |
Design and literature | 45,730 | |
PR/conferences/entertainment | 83,227 | |
Travel and subsistence | 28,767 | |
Website and IT costs | 23,583 | |
Depreciation | 30,788 | |
Bank charges | 2,432 | |
Total | 1,832,635 |