NDA Annual Report and Accounts 2018 to 2019

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During the year in review, the Board enlisted a senior external female executive as a Board Observer in association with the mentoring foundation. A (/government/publications/nda-register-of-directors-interests) for the Board members is maintained and available for the public to view. Rob led the London and Continental Railways team in a series of transactions that secured the future of the Channel Tunnel Rail Link later renamed High Speed 1. In addition, he was BP’s lead Director on the board of TNK-BP and Chairman of its Health, Safety and Environment Committee.

  • They were then used by the nuclear industry to store Plutonium Contaminated Material generated from operations at nuclear sites across the UK.
  • Another focus will be on the absence management process which will be reviewed and advertised around the business together with training sessions to all line managers on recording and managing absence.
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  • The responsibilities of our site licence companies are defined clearly through the regulatory framework.
  • UNS manages a large proportion of the NDA’s uranic inventory and also provides broader decommissioning and demolition works for redundant facilities, in order to reduce liability and optimise space utilisation on site.
  • The NDA funding has been provided through Magnox towards a substantial local arts regeneration programme, which started in 2019 and is due to complete in 2021.
  • The closure of THORP will reduce our authorised discharges and eventually reduce the hazard posed by the Sellafield site.

In consultation with the Board, the NLT is responsible for driving the strategic direction of the firm, managing its delivery and providing clear leadership to our business. The board of RSM UK Holdings Limited is responsible for providing governance and effective oversight for the firm. The primary role is to act in the https://www.good-name.org/how-accounting-services-can-help-real-estate-companies-optimize-their-finances/ best interests of every stakeholder of the firm representing the breadth and needs of all clients, people, partners, non-partner shareholders, regulators and RSM International. C&M Global Property Ltd is an active company incorporated on 15 November 2019 with the registered office located in Gateshead, Tyne and Wear.

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Packages have been moved from Dungeness to Bradwell and shipments are due to begin from Oldbury to Berkeley. We’ve also made progress in building stores at Hinkley, Chapelcross and Harwell, as real estate bookkeeping well as new waste processing plants across the fleet. Our 17 sites are situated across England, Scotland and Wales and are grouped, regulated and controlled under 6 site licence companies .

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  • I am always inspired by the dedication and passion of our people to make a difference.
  • In reaching this conclusion, I have taken advice from the Group Head of Internal Audit and the Group Chief Compliance Officer.
  • Elsewhere, there has been good environmental performance at LLWR and in our businesses NDA Properties Ltd, INS/PNTL, RWM and DRS.
  • Over the last 12 months we’ve taken a series of important steps to strengthen and simplify the way our group is organised.
  • The safety of people, protection of the environment and wellbeing of staff alongside security of nuclear materials and information are NDA’s overriding priorities and dictate our approach to all activities across the Group.
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Starting on our Magnox sites, all 26 Magnox reactors – the world’s first type of commercial nuclear power stations – are now fuel free, with defueling being completed at Calder Hall and Wylfa. IBalance is a payment company that provides accounting, bookkeeping, and auditing services. Hunter Accountants offers business advisory services and provides certified chartered accountants to manage tax, https://www.bollyinside.com/featured/the-primary-basics-of-successful-cash-flow-management-in-construction/ audits, payrolls, etc. We allow you to filter your searches by location and sector so that you can easily find roles that match your skills and experience. This boutique creative agency, who partner with businesses spanning start-ups to market leaders, across the fashion, sport and food sectors are looking to boost their independent team by bringing on board an experienced Account Director.

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Some have two ponds and others just one, while some are fairly clean compared to others that are cluttered and highly contaminated. The UK’s earliest nuclear power stations were the Magnox sites, so called because the uranium fuel elements were clad in a non-oxidising magnesium alloy. A major milestone was met last year, when the first concrete was poured on a new facility at Sellafield to repackage the plutonium materials for long term storage.

One NDA is also enabling us to work together as a group to build great places to work, which are diverse and inclusive. Organisations that put diversity and inclusivity at their core attract and retain the best people who perform better and are more successful. Creating an environment where differences of thought and perspective are encouraged isn’t just the right thing to do – it’s also good for our business. Attracting and retaining high-calibre executives is critical in delivering the NDA’s mission and ensuring true value for money. In reaching this conclusion, I have taken advice from the Group Head of Internal Audit and the Group Chief Compliance Officer. The Executive has in place a meeting governance structure that aligns with that of the Board and the roles of each are set in the Governance Statement.

Summary of performance during 2018/19

Our people at the heart of the mission We welcomed 10 graduates and 11 apprentices and administration trainees as part of our efforts to ensure we have the skills to deliver our mission. The Scottish Environment Protection Agency rated the site and adjacent waste vaults as ‘excellent’ in its most recent annual compliance assessment scores – a significant improvement from the previous year. It follows a series of reviews and infrastructure investment, with commitments made to continue upgrades in the next few years. Decommissioning the site’s fuel cycle area requires a range of bespoke and first-of-a-kind techniques. Highly skilled teams continue to manually strip and dismantle redundant fuel examination cells. More than 2,000 entries were made by workers into complex controlled areas in the last year.

  • Salary of £33,481 per annumWe are now looking for a Grants & Contracts Manager to join our team on a full-time, permanent basis.
  • We’re always looking for new solutions to our decommissioning challenges and that’s why we launched our Integrated Innovation in Nuclear Decommissioning challenge.
  • The summit was held in the new Coleg Menai on Anglesey in north Wales, a few miles down the road from the home of our Wylfa site.
  • The facility is operated by a commercial partner and provides long-term records management and archiving services for the NDA group.
  • These are incredibly difficult times and I’m proud of the way our organisations and employees are responding to this unprecedented challenge and supporting the national and local efforts.

Employee contributions are salary-related and range between 4.6% and 8.05% for members of classic, premium, classic plus, nuvos and alpha. Benefits in classic accrue at the rate of 1/80th of final pensionable earnings for each year of service. In addition, a lump sum equivalent to three years initial pension is payable on retirement.

Chief Executive’s review

These statutory arrangements are unfunded with the cost of benefits met by monies voted by Parliament each year. Pensions payable under existing schemes – Classic, Premium, Classic Plus and Nuvos are currently increased annually in line with the Pensions Increase Legislation. Pension benefits for Executive Directors are provided through the Civil Service Pension Arrangements. Three providing benefits on a final salary basis with a normal pension age of 60; and one providing benefits on a whole career basis with a normal pension age of 65. Executive rewards should rightly acknowledge the professional expertise required to address the challenge of UK nuclear decommissioning, whilst also providing value for taxpayers in a constrained economic climate. On balance, as Accounting Officer, I am therefore confident that the system of internal control operating throughout the past year is effective, and appropriate to meet the NDA’s objectives.