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Annual Review 2005/06
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Notes to the Financial Statements

For the year ended 31 March

16. Related party transactions

Âé¶¹Éç World Service is a division of the British Broadcasting Corporation, a body incorporated by Royal Charter.

The largest group in which the results of Âé¶¹Éç World Service are consolidated is that headed by the Âé¶¹Éç.

The consolidated accounts of this group may be obtained from The Director of Governance, Âé¶¹Éç Governance Unit, 35 Marylebone High Street, London, W1U 4AA.

The related party transactions of Âé¶¹Éç World Service have been presented in accordance with FRS 8: Related Party Disclosures.

a. Transactions with subsidiaries

At 31 March 2005 Âé¶¹Éç World Service Trust owed Âé¶¹Éç World Service £0.6 million in respect of operating expenses incurred on its behalf. This was repaid in full during the year ended 31 March 2006.

Âé¶¹Éç World Service made grants of £0.2 million (2005 £0.3 million) during the year to the Âé¶¹Éç World Service Trust, towards education projects and general management and administration costs.

Âé¶¹Éç World Service Trust procures some services from Âé¶¹Éç World Service on an arms length basis.

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Notes to the financial statements
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