31 March 2020 | |
£ 000 | |
Defined benefit obligation at start of period |
52,729 |
Current service cost |
172 |
Expenses |
38 |
Interest expense |
1,204 |
Member contributions |
160 |
Actuarial losses due to scheme experience |
( 967 ) |
Actuarial losses due to changes in demographic assumptions |
( 462 ) |
Actuarial losses due to changes in financial assumptions |
( 5,788 ) |
Benefits paid and expenses |
( 1,330 ) |
Liabilities acquired in a business combination |
- |
Liabilities extinguished on settlements |
- |
Losses / ( gains ) on curtailments |
- |
Losses / ( gains ) due to benefit changes |
- |
Exchange rate changes |
- |
Defined benefit obligation at end of period |
45,756 |
Reconciliation of opening and closing balances of the fair value of plan assets | |
31 March 2020 | |
£ 000 | |
Fair value of plan assets at start of period |
39,627 |
Interest income |
916 |
Experience on plan assets ( excluding amounts included in interest income ) - gain |
28 |
Employer contributions |
1,446 |
Member contributions |
160 |
Benefits paid and expenses |
( 1,330 ) |
Assets acquired in a business combination |
- |
Assets distributed on settlements |
- |
Exchange rate changes |
- |
Fair value of plan assets at end of period |
40,847 |