Jockey Club Racecourses Limited Notes to the financial statements Year ended 31 December 2021
Operating profit
10.
2020
2021
£m
£m
Operating profit is after including: Income in respect of: Amortisation of capital grants HBLB contributions
8.1
8.0
21.9
28.3
Charges in respect of:
0.2 0.9
0.2 1.0
Rentals of land and buildings Rentals ofplant and equipment
Depreciation:
14.6
13.4
Owned and leased assets
Fees payable to the company's auditors for the audit of the company's annual accounts
0.1
0.1
Fees payable to the company's auditors for other services to the company: Tax services Other advisory services
0.1
0.1
0.1
Total non-audit fees
0.1
11. Tax charge on profit on ordinary activities a) Analysis of charge in the year
2020
2021
£m
£m
£m
£m
Current tax: UK corporation tax on the profit for the year Adjustments in respect ofprevious years
3.2 (0.1)
3.3 0.2
Total current tax
3.1
3.5
Deferred tax: Adjustments in respect ofprior years
(0.2) 1.3 (2.4)
Origination and reversal of timing differences Adjustment in respect of change ofrate of corporation tax
(0.5) (0.5)
Total deferred tax
(1.3)
(1.0)
Tax charge on profit on ordinary activities
2.1
2.2
6629 121 660
Made with FlippingBook interactive PDF creator