Notes to the consolidated financial statements For the year ended 30 June 2024
18. Financial assets at fair value through profit or loss
19. Net deferred tax liabilities
2024 £’000
2023 £’000
Deferred income tax assets are only recognised to the extent that it is probable that future taxable profit will be available against which the temporary differences can be utilised. An analysis of the Group’s deferred assets and deferred tax liabilities is shown below.
825
At 1 July Additions
784
–
30
2024 Total £’000
80
Changes in fair value
11
At 30 June
905
825
UK £’000
CI £’000
Deferred tax assets Share-based payments
The Group holds 500,000 shares in five of the SVS Cornelian Risk Managed Passive Funds. During the year ended 30 June 2024, the Group recognised a gain on these investments of £60,000. The Group’s holding in the SVS Cornelian Risk Managed Passive Funds at 30 June 2024 was £652,000. The Group previously invested £215,000 in the Blueprint Multi Asset Fund range across the various models within the fund range. During the year ended 30 June 2024, the Group recognised a gain on these investments of £20,000. The Group’s holding in the Blueprint Multi Asset Fund range at 30 June 2024 was £253,000.
1,901
–
1,901
–
147
147 112
Trading losses carried forward
111 93
1
Dilapidations
–
93
Accelerated capital allowances Total deferred tax assets
2,105
148
2,253
Deferred tax liabilities Intangible asset amortisation
(5,809)
(920)
(6,729)
Accelerated capital allowances on research and development
(918)
–
(918)
Total deferred tax liabilities
(6,727)
(920)
(7,647)
Net deferred tax liabilities
(4,622)
(772)
(5,394)
142 Brooks Macdonald Group plc Annual Report and Accounts 2024
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